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Microcap & Penny Stocks : Kismet Energy (KISS) is taking off on PennyStock Picks!
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To: Gerald A. Lucker who wrote (127)10/18/1999 6:13:00 PM
From: Bearcatbob  Read Replies (2) of 138
 
Gerald, I tried to call Kismet today and was too late. I did get to Energas. Energas's position was quiet clear. Energas claims a cash call was made and was not met by Kismet. Therefore Kismet has the interest in the first well. The second well is being funded by Energas and an unnamed second party. I asked if this was a tricky interpretation or standard practice - standard practice I was told.

Well, thread, as a fellow shareholder in KISS I find this most disturbing. If in fact a contractually legal cash call was made and could not be met - how the h do we ever think we can increase our interest in California?

I think something here stinks.

Bob
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