Ok, the financials are out and I see a concern on this board about the company going forward.

There are indeed grave concerns for all shareholders as long as current management stays in power of this company. I havent had a chance to look at the financials yet but preliminary posting is suggesting that its the same old problem we have had in the past 2 years that has brought us to the point where we are today, very disgruntled. Someone here mentioned the travel being $600k in the last quarter again, thats ridiculous! We have seen Lori,s and current BOD incapability at raising money through a PP, just look at IGD,s PP, it has been probably 6 months now and there was less than 10% of that filled. Its very evident that Lori will not be able to raise money going forward., the mess of the drilling and trenching done on the Tesoro has portrayed a very negative picture of the property and the outside market sees this and will be most likely unwilling to invest in any future endeavours by Lori. Lori knows her problem with raising money as it became evident many months ago with the IGD PP and also most likely the Havilla spin out, which has been put on the back burner. So with her at the helm, almost certain doom for everyone.

Now, as I have always said, and many shareholders can attest to this, if they take the time and look around at the friends they know thats in this and their wealth, that we shareholders are not only coming from a strong point of unity, but also a position of financial strength. Although it may not look like us shareholders are strong financially, thats only a veil because of the present inaction of the regulators. There are prominent business men that would most likely contribute handsomely to this company once the regulatory hurdle is out of the way and a higher degree of assurance is plainly visible. These prestigious business men are just that, business men, and they know the responsibilities and accountability needed from a CEO and BOD to run a company successfully. Lori has lost the trust of many of these business men, and until she is out, they will most likely be reluctant to help substantially, but I have no doubt that they will be there and possibly more once we get through the ridiculous politics we are now facing. So, to sum this paragraph up, once the current BOD is gone, we should have no problem of raising money for this company going forward and save our investment,our company.

I have met many fellow shareholders over the last few weeks at the meets and greets and see the same qualities in these new faces that I have seen in the ones I already know, most notably, good, hardworking honest people. These shareholders are all still here and willing to fight for what is right, so we will, and we have already won the vote, its just a ridiculous job of showing the regulators and levels of government what a democracy is, as well as a wake up call that the people put these people to power.

Murry has assembled the most amazing group of shareholders that I have ever seen. Murry has great respect from all and continues today. Murry built this company, not Lori, he started the strength and planted the seeds for this to evolve into one of the strongest shareholder bases that I have ever seen. The shareholders he has gathered has added and intertwined the base making it a strength to be reckoned with. This strength scares a lot of the opposition because they are well aware of our capabilities, so it is very natural to get the type of resistance that we are getting. As always, stay together, stay focused, its only a matter of time.

The present balance of the treasury, most likely now around $500k, is not a concern providing we get in there pronto and stop the cash drain by Lori. The regulators by not acting and allowing her to continue to recklessly spend money from a vulnerable company position is becoming more and more accountable, not to mention the levels of government involved in the markets. With probably a couple thousand shareholders here fighting, its very ludicrous for any of the forementioned to not act. Some of these peoples jobs could be in jeopardy here shortly and I strongly believe that that is being considered.

As for the media, thats being worked on, and this could turn out being very embarrassing from the regulators up. Most media is controlled, but there is an ever increasing aspect of media that is telling the truth and wont twist and manipulate facts. This aspect of the media gets the truth out to the people and thats what they do, they love exposing things like us. Our story is very long with much evidence and questionable things, that it takes time to get the best story out there, but there is media interest in our story.

I will end for now by saying that its sad to see some investors totally flip and support Lori in all this. These ones that do that should consider their actions of accepting greed instead of people, and see how far it gets them in life. Its pathetic to see this happen and I hope these flippers stop and think of what they are doing and how they may be turning their backs on what is an amazing group of friends and family. When you start losing your values and resort to the lesser qualities, are you not on a downward spiral of self destruction? I hope these few think about this and do what is right,ethical and moral, and look beyond the greed.

thank you

IMO

Rick