Rick, I for one would rather put my money into another investment then to file a form 10. I mean, if I was HK, and knew the company was on track and other things (like finding opportunities) were a better way to 'spend' the money, I would do the same thing. It brings to mind the Jew who lives above the 'shop'. Save that money, invest, let that money make more money before you buy that house. JMHO
DCF, #1) I own the majority of the well!*<g> #2) Go back and read previous press releases, or the M3 report. They state 8 wells to be drilled. Yes, there are existing wells there and are being worked on. I would rather work one over and attempt to get one or more re-producing, (at a lower cost than drilling) and generate revenues, than to drill and shell out more money. Which option would you think is better?
*And BTW, I do NOT own ANY of the OK well!
Happy investing!
KZAP |