Candax Energy Inc CXEYF

Re: info on geofinance nv

[OceanRanger1]

Well it looks like the link was successfully posted.

There is more than one geofinance so the "nv" is important.

Because geo is privately held it isn't easy to get info on them but this particular release is full of juicy intelligence.

They have 6,000 barrels a day in production in several different locales.
 
I sent an e-mail to candax last summer and asked if geo's investment in candax was to fix it up and flip for profit or if it was their intent to make candax their new flagship company. They never did reply to that question.

So presuming they picked up a senior board listed company mainly for a shell so they can capitalize their existing assets by selling them to Candax - Can anyone see where we are going and what we look like after all is said and done.

Candax buys the assets from geo on payments then repays the purchase price to geo from the ensuing cash flows? Does that make any sense?

As long as we don't overpay for the assets it should be beneficial to both? I really don't know if that makes any sense at all.

I think these guys have big plans for candax but I don't understand the process that will tke us there. Any opinions on this theory appreciated.


OceanRanger