funding scenario

Having a hunch that our esteemed BOD may be struggling to find the funds required to get the EOR Grieve project off the ground, I have come up with the perfect solution.

Bob healy owns 20mil ELK shares, if we do not get funding they are potentially worth $7mill.

If he was to stump up the $65mil required he would get a sizable chunk of the project, on top of that, in around 2 years time (assuming everything goes to plan and we are producing as per Scenario 1)his 20mil shares would be worth around $3.60 each = $72mill ($65mill+$7mill).

Its a WIN WIN situation

No, I don't want a seat on the board for my contribution,just want to see my ELk shares realize their potential.