I have found the following Report by Jennings Capital dated May 6, 2011 on the internet which predates today's announcement that Tuscany is purchasing Caroil SAS. It is an interesting read. I have no idea if the new deal is a good deal or not. I was glad that Tuscany previously stayed away from investing in Venezuela due to the high risk of doing business there, and now Tuscany is going to be operating in Congo which I am not too happy about due to the high risk of investing in Africa. Congo especially doesn't appear to have the type of Democratic government or human rights record which a Canadian company should be investing in. I am also concerned that Caroil SAS will acquire the privilege of putting 2 unknown directors on Tuscany's Board of Directors especially after I just voted in favour of limiting the number of directors on Tuscany's Board of Directors at 6. Now they want to expand it to 8 directors. I am also concerned about Tuscany's debt which is mushrooming along with the 376,000,000 outstanding shares that Tuscany will have in addition to the 10 million options and 30 million warrants which will be added. I am going to have to give a lot of serious thought to how I am going to vote on this latest merger since Caroil SAS will now own outright more than 25% of Tuscany International Drilling. It would be helpful if management will publish on their website and send to current shareholders recents reports by analyists concerning this latest merger.

http://www.investorvillage.com/uploads/57919/files/TID20110505OffRestriction.pdf

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Cheers; Scott