RE:RE:RE RIGHTS OFFERINGI'm not thrilled about the Rights Offering, but I understand the need for money and at this share price, it would have taken a pp of more than 100 million shares @ 0.04 or 0.045 (discount to current s/p) plus attached warrants to raise the required funds. That amount of dilution, (+30%), would have crippled the Company moving forward and limited any chance of creating value for shareholders. While the timing of the RO is poor, given the current s/p and how close we're supposed to be from receiving the Cehegin permits and getting a signed definitive agreement with Davis, without money, we're just spinning our wheels. As long as Greg executes his business plan for the money as he described, the Rights Offering is the lesser of two evils. What we need to see is execution and something actually being completed and generating revenue...djstone