GREY:BPWRF - Post by User
Post by
ganzeron Aug 24, 2005 4:35pm
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Post# 9456679
Odds and Ends
Odds and EndsI note that everyone should be cheering if Perial's wells start to flow with the black
gold as Continental has $481,724 coming to them from a note payable which will be
derived from 25% of the gross production of Perial's wells. At the price of Texas Tea
these days..that may get paid off pretty quick.
Looks like Bally has 74 million shares 0/S with roughly another 7 million in warrants
and options so we could be up around 81 Million after the dust settles. Question: The
2.5 million stock options of former management which are Dec 31/05... Is there a 1
year Hold if they are picked up? Maybe Ramjet can help out here.
$415,000 in cash. Looks like management have been prudent on this front. No
complaints here.