RE: RE: RE: RE: RE: RE: 1st Q & May div It makes no sense to place much emphasis on the Q1 report since it was
all PACE and Pace has been in a downward trend since its inception.
There was absolutely no incentive for PACE to have anything but a bad report
for both Q4 2012 and Q1 2013 since the main objective was to encourage PACE
shareholders to okay the merger.
The plan now is for new management to show that it can arrest the string of poor
results from PACE and execute a successful drilling program on the OIL prospective
properties that they have in abundance. Hopefully they can begin to show some
positive results by Q4 of this year. We will see.