Regent Ventures Ltd RGVNF

Wolfgang is still my hero . . .

[redoctober777]

I'll take a COMPETENT crook over an INCOMPETENT crook any day.  If you own EUGS shares, you stand a good chance of making some profit.

On the other hand, I fail to understand how REV's holding of a few million EUGS shares portends a sustainable increase in the stock price of REV.  It doesn't.  Stock price is driven by future EARNINGS, not by buying and selling someone else's stock.  Maybe REV should recharter as an investment house??? (hahahahaha).  All you guys who think that REV is still a part owner of EUGS and will participate in McCallan profits, I don't think so.  Hasn't happened so far.  And besides, Wolfgang and RW can't stand each other.   But Wolfgang is Hobson's choice, the best of the bad lot.

Here's how the north Louisiana deals could play out.  Let's use a company name called "SUCKERS INC.," symbol "SINK."  Let's name the CEO "Elmer Fudd."  SINK will pay "the operator" a bunch of money to drill a few dry holes, maybe even reenter some existing dry holes so that Mr. Fudd can tells us that "Oh well, we tried but we didn't find any oil."  And then Mr. Fudd and the operator can split the money in whatever way they want since it is no longer "in the treasury."  Any future monies that flow into the SINK treasury, say from sort of accounts receivable,  will just be passed on to "the operator" for the drilling of more dry holes.  I believe it's called a laundry.

Oil operators in the early oil boom days, would sell 500% shares in a "well," and then pray for a dry hole.  That's the same thing that's happening here.  The only way their plan can fail is IF THEY ACTUALLY STRIKE OIL!!!!

Have a nice day..