I think all of us would agree that DC is not a good deal maker. The first screw up was bailing out Schubach and then having Schubach bailed us out so our share went from majority to about 30% all for nothing. Don’t know the logic of it. This second deal WGO supposed to raise $10m but ended up with $5m and still getting the same amount of shares from us. I don’t know what is to be grateful here. We have been f#%^* twice by DC. Somebody should have done the negotiation here. Why were we always ended up being the losers. DC did not look after Our interest at all. Maybe there was some under table stuff going on. By the way we are not beggars. I though Spain is very promising and Schubach is continue with the drilling in Uruguay. Besides there is no guarantee WGO will be a hit even though I desperately wish for it. Anyway the good thing is DC is gone and I guess the truth doesn’t matter anymore. Just pray we hit commercial oil/gas. Good luck to us all burnt sh.
PRL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
