RE: congratulations to management!Lucky,
I wish you as in insider did not come out with your propaganda, but now that you did I will try to prove how much your material merits any opinion at all.
1. Total number of shares held by
EUGS.pk is around
196.4M shares, and we are getting 10M. So my math tells me that we are getting 5% of their total value. This translates into 5% of current SP value which amounts to 1 cent increase in our SP, but that if we did not give 100% of our assets away. In another words we would be in a hole immediately. Some one mentioned about 3 cents and that is about right. So our SP will be 3 cents after your non-sense.
2. Euro Gas will pay Regent a total of $3-million in cash in three trenches, $1-million on or before the date five months from acceptance for filing of the agreement by the TSX Venture Exchange, $1-million on or before March 31, 2009, and $1-million on or before Sept. 30, 2009.
What this means is when REV has no more capital, and assets are gone, Mr.WOLF and company will take over REV for free, because who is going to finance a company without assets. The answer is simple Mr. WOLF and EUGS.
3.grant Regent an overriding royalty of 1 per cent of all gross proceeds received by McCallan's subsidiaries from the sale of oil, natural gas and coalbed methane from the concessions it holds.
This one is good we will get royalty once EUGS takes over REV? Who in their right mind will give royalty to a minority shareholder? I as a minority shareholder have no say in REV, why would REV have any say in EUGS as a minority shareholder?
4.Should Euro Gas fail to satisfy the requirements to exercise the option, Regent is entitled to keep any shares or cash received from Euro Gas to that point. On exercise of the option by Euro Gas, Regent will assign, and Euro Gas will assume, Regent's interest in all of the agreements entered into with the principal shareholder of McCallan with respect to the purchase of the shares of McCallan.
This one is very interesting, once REV spends all the money and is bankrupt and without any assets and a minority shareholder in EUGS they will dictate to EUGS. Lets be frank about it, EUGS owner namely WOLF is a slick businessmen who rips off anyone including REV. An example of that is where are the shares WOLF got from REV for doing nothing but putting down the SP of REV?
5.By executing with master agreement REV has negotiated itself out of an albatross, as one can imagine dealing with Poland and other European government agencies can be a monstrous of a job. REV and its shareholders can be beneficiaries of all the gains made through the Euro Gas discoveries worldwide.
This one is a hypocracy. REV is giving away assets without any immediate cash. Get that through your head, no immediate cash, only in 5 months, one year etc. That is like giving away your home and asking for some one to give you hand out from your property.
6.Wolfgang Rauball is a master deal maker and has a proven record of raising millions or hundreds of millions of dollars of finance required to put this oil and gas fields to production.
Yes, he is a master of stealing other peoples investments, do your research and see how many court appearances he has had in the past two years only.
7.REV is now free to put its full effort to the tar sands project, Red Mountain gold project etc with great success.
Tar sands - that is called selling fog, nothing more to add on that front.
8.I am a large shareholder of REV and I wish all you well in this investment whether you agree with my opinion or not.
As I have said before you are an isider and Your name is known to all of us, however we won't mention it in order to avoid any further bad publicity. But, you have done very well for yourself in the past 2 years. As for us we should be suing you all for selling our assets and filling your deep pockets.
9.In the end I will be proven right.
Well, in the end you are always right, because you fill your pockets with our money. As far as proven, there was one Canadian LORD businessman thinking that way too, until got in the U.S.A. I certainly hope the American shareholders do something because we Canadians are too soft for you.
As far TSX goes, they will approve anything as long they get their money, so nothing new there.
How unfortunate? Some have sold REV shares and bought EUGS and now they want more by coming to our board and telling us how good this is for us. Well, I know who you are because I have been with this stock for a long time, However, this is purposeful sell off of our investments. Some members have been selling inheritance for the last few months, but that is not enough. They want to sell the company for a few bucks and who knows what.
I the next reply I will name all the users here who have holdings with EUGS, I am only trying to protect my investment. This, I will do only beacuse they have gone overboard and I don't have one share in EUGS, unless of course management decides to do so and TSX agrees.
Good luck REV shaereholders and as far as EUGS shareholders go keep away from our BB.