LGX Oil + Gas Inc ROAOF

RE: Not to worry

[slamdance]

Tarsands: If your refering to the last financing when calling Cannacord thieves, I suggest that they are not the culprit when it comes to the low stock price/high float required for that financing. Oilexco tells them how much money they need and Cannacord must determine how much stock must be floated in order to meet OILs requirements. As you know, their fee is based on how much capital is received (e.g. 7% times X), not on the number of shares floated. The real culprit has been the insatiable appetite which OIL has for capital, no matter how good or bad you preceive their use of that capital has been.