Verisante Technology Inc V.VER

The Way I See Things Unfolding

[FATBIDS]

The more i read the last NR I am getting the feeling that not all of the "under approximately" 90,000 acres are in the Exshaw/Bakken Region. Read this over a couple times and let me know what you think.

"The JV partner's leasehold interests under approximately 90,000 acres of lands will be assigned to the JV, which are deemed prospective for multiple objectives, including the Exshaw/Bakken. The JV partner is active in the exploration and development of projects in multiple basins in the Rocky Mountains and other regions within the United States."

It says "including the Exshaw/Bakken"...hmmmm.....maybe this is how Vecta Oil & Vecta Energy become one (Or maybe not). Vecta Oil has approx 11 Million shares of VER which they could stand to make a lot of money just on the SP alone...on top of the normal oil business. Could you imagine...a 2 or 3 dollar SP on 11 Mil shares? Anyways, it kind of sounds to me that the JV will include all of the partners lands....not just the Exshaw/Bakken. This could be why no one could come up with 90,000 aces in the Montana region alone?

If the JV partner is Vecta Oil and VER does get the financing I feel it will be a 50/50 deal. This is where the financing comes in. They will hire their own rigs and Vecta Oil will do some of the seismic work and other technical work. I am thinking the VER will have 50% ownership and nothing less.

Since there has to be a financing which will come with share dilution it would be another way to for Vecta Oil to increase their share ownership while still falling within the guide lines of the maximum percentage that a US company is allowed to own of a Canadian company.

The worse case scenario is if VER is unable to obtain financing.What would happen? I guess they could farm out to another company that puts up the money for doing the expensive work. maybe then there would a 3 way split of the total 100% or Vecta Oil gets 50% and VER gets 25% and so does the farm out partner.

So, my feeling is no matter what happens here, you are better off being in now asyou might not be so lucky as to hop on during the fast run up.

None of us really know for sure, so we just have to sit and wait or get out if we can't take the pressure. One thing for sure is, it is a heck of a lot more fun right now than it has been for the past few years !!!!!!

I am hoping that this story plays out like a good book or movie, the main character (VER) almost dies and just when you thought it was over, comes back to life and takes over the world!!!!

Best of Luck
Fatbids