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Gold/Mining/Energy : EFCR - Energy Producers, Inc. (Firecreek) -- Ignore unavailable to you. Want to Upgrade?

To: rrufff who wrote (588)	2/15/2006 10:46:30 PM
From: Harold S.	Read Replies (3) \| Respond to of 841

What I am investing <gambling> in/on is the hope that the company follows through on their plane to open ten wells of NG this year. Whether the O/S are diluted to 500 million or 1 billion doesn't matter as much to me as them getting the wells online and the NG flowing. When revenues ramp up they can always restructure the shares and reduce the O/S and the float. That is what I am investing in. I am fully aware of the dilution that is taking place to finance these wells adn teh geologists to measure the output rates. I don't know what the bottom line in shares will be but I am betting that the revenues from the wells and hopefully a couple overseas ventures will more than offset the number of shares they had to issue to get there. If I had a couple more hours I could show you the specifics of some companies just like EFCR that diluted the hell out of the company but when they ramped up the oil/NG revenues the stock price skyrocketed, they restructred the shares, and people holding at 3 cents wer cashing out at 1 dollar and above. I just don't see that kind of potential with DVW, sorry...Yes, it is much riskier, but the potential reward is what this money is for.