LGX Oil + Gas Inc ROAOF

RE: Calgary Herald Article

[robbie25]

mdjbrown - And so you should be sickened, there is something very smelly about this....after all, Velo had no assets to purchase the properties at the time fo doing it, so any deals would have been amde backroom. And if Velo had no assets to buy the properties (which they didn't) then those backroom deals could have easily been done under the Oilexco corporate shell....after all, one shell is as good as another (and if you would believe Alkhor, Oilexco's should be worth far more due to the tax pools) so why not Oilexco?


If Oilexco tax pools had any value at all (let alone the type of value that Alkhor would tell you) don't you think Art would try to get those properties using Oilexco? After all, if the company became big again, those tax pools could be worth a lot....unless, of course, they don't hold the value that they're supposed too.

My logic is simple, and pretty hard to dispute.....If Art would rather use VLO, an asset less unkown company to buy new oil assets, then what value could the shell possibly have?

Put another way.....the Oilexco shell (from a financial stanpoint) is perfectly suited to be used to launch this new venture (after all, it has a ton of tax losses).....so if it WASN"T used (and VLO, an asset-less unknown company WAS) now, then when would it ever be used? If not now, when?

The logical guess is......it won't be.