OTCPK:MAUXF - Post by User
Comment by
joelouon Jun 14, 2013 12:34am
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Post# 21524079
RE: RE: simple arithmetic
RE: RE: simple arithmetic Let me set this straight ... The loan is not for the divvy, it's use is for something bigger... Drum roll please ... To increase Mart's asset base through acquiring some interest in producing IOC fields and/or marginal field allocation. With the cash in the bank and recent production from May, there will be enough for the divvy and continuing operations. I'm expecting an announcement early next week to calm everyone's concerns about the divvy and drilling. Cheers. JL