Hello all from Long IslandShareholders its time to understand...

Hello all from Long Island
Shareholders its time to understand Qrtly reports.

First of all this last qrt Range has spent 4.3 million dollars. Thats a lot of money for no income from your resource, in this case Oil!

In the Dec 07 qrt 5.6 million dollars expenditure


In the sept 07 qrt the expense was out of this world some 15.2 million dollars. Whoa where did all that money go?


From these fiqures Range only has enough money to survive until end of June08.

Take the sum of the last 3 qrts and devide by 3. Thats the average Range spends each qrt. With only 5 mil left the company not looking to pretty in the finance side.

Looks like my valuation of 0.10 cents is looking a little high.

Looks like a HUGE capital raising on the way. Need lots of money for cars and hotel accom.

Now lets look at this, hmmm have to give discount to last trading price over say last 4 weeks! Yeah, we need lots of money, lets get shareholders to agree to 200 million new shares at a great price of 0.15 cents.

That will give us the 30 mil less fees, and we can go back to spending high each qrt, at least for the next 4 qrts.

Yeah great idea, now lets go to the market and hit'em with the great news.

Have fun

Long Island.