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Microcap & Penny Stocks : Tri-Valley Corp. (OTC BB: TRIL) -- Ignore unavailable to you. Want to Upgrade?


To: George Dysert who wrote (3829)6/22/1999 3:40:00 PM
From: White Knight  Read Replies (2) | Respond to of 4821
 
Dear George and All:

I understand that some people have become alarmed because someone reported here that Tri-Valley has only 10% interest in Project EKHO.

Actually, the 10% interest mentioned belongs to the long time individual participants in Tri-Valley's oil and gas drilling projects who have now invested in Project EKHO. Such direct, private interest owners in Project EKHO are categorized as "interest owned by TVOG et al". (I am one of such participants.)

As for Tri-Valley, it WILL HAVE 25 % interest in Project EKHO. This interest will come after completion of the well(s) and the pay outs, and it is paid out to Tri-Valley in typical industry fashion.

Speaking for myself, I have been heartened by the fact that both individuals and industry parties are lining up to finance this project.

I hope the above explanation helps. I encourage those interested in further details, to directly contact Tri-Valley for further information.

Good day to you all.