My concern too.  With the price so low I'm really surprised that the new financing was fully subscribed a $.25.  This is a good thing but will the next one be at this price? 

A lot more work needs to be done but raising funds at such a low price will just dilute the stock.  Maybe an outside interest with some big pockets might not be such a bad thing.  Hopefully, recent drilling results will give us some good news and this eventuality can be delayed. 

 Well, I've been in this play for a long time and at this point I'm still above water so I'm just going to hold for now and hope for the best.  I'm a long term investor and have no intention of bailing out now.  If Bob Patterson can stick it out so can I.

Good luck to all,

 BGT