LGX Oil + Gas Inc ROAOF

Too Many Speculators

[lenanr]

This is how I see it. Oilexco fell through due to failing banks. Oilexco went into administration because no one would fund the company. It was put up for sale to any bidder. Premier won the bid, a goofy one at that. Now Oilexco went into bankruptcy protection after they found out the bid, I think. Now they are extending the protection until they come up with the funding to take back the assests. That is why they accepted the lowest bid, so Art would have a chance to come up with a smaller amount of funding. It makes him look like a genius and will get more creditors to back him and with the rising price of oil, which we all knew would happen, this stock will go through the roof, eventually. Patience. Speculation lol.