RE:Lets create a company called Amethystunfortunately ARX has no clue how to do this. none.
they can't even get ATTACHIE started. and are still struggling with 7g.
and by buying 7g you increased your debt to $3b.
if arx could create something like topaz they would.
they can't. and they won't.
mhp you have to get hold of this TOURMALINE envy..
MyHoneyPot wrote: ARC can create a company call it Amethyst, spin in a portion of all its gas processing, put a royality on all it production and give it to this new entity in exchange for shares. Raise some capital and by a few other royality interests.
When the value of the share is equal to the outstanding debt in the company, call yourself Debt Free.
Great Idea, Topaz/Tormaline has shown us the way.
IMHO