RE:In fact the word "pledged"So you agree its have been stated , the wording "PLEDGED" 4 times...under that document and this is in fact a SECURED DEBENTURE and holders given a priority charge on the PDP reserves (Proved, Developed, and Producing)...where exacting do think those reserves exist...the "SASB" block...so, your point is What...because SASB, was not mentioned specifically....priority pledge is on the reserves themselves...and limited to that 40%...mentioned ..so on...and so on...SO WHAT EXACTLY is the ly.....