Post by mullahpaloozer on Aug 9, 2016 22:55:21 GMT -4
much has been said in support of Kirkpatrick's venture into the OIL bidness.
some of it positive, and ... some of it not so supportive.
so in the interest of fair play, as opposed to the interest of TRUTH, let's let the numbers say what they will.
the plan as stated on many occasions is to eventually have in possession/ownership, 400 producing wells ...
to date, the wells currently 'owned' are producing 2, 3, 4 and possibly 5 barrels of CRUDE per day ...
so let's use the 'high' end number ... 5 barrels per day.
and at the current price per barrel between the high $30s and mid $40s, give or take ...
but in the interest of easy 'cipherin', let's use $100 per barrel as 'our' choice.
so 5 barrels per day @ $100 per barrel equals ... $500 per day ...
and $500 per day multiplied by 365 days (1 year) equals ... $182,000.
and 400 producing wells at 5 barrels per day, at $500 per day, at $182,000 per year is ...
$73,000,000!
$73,000,000! ... per year! ... $73,000,000!
it has been stated/reported by many on many boards by those that say they know and by Kirkpatrick himself that an estimated $285,000,000 has been invested into this stock ...
CMKI/CMKX/NHHI ...
so to receive the 'initial' investment by shareholders it would take nearly 4 years to recoup said 'initial' investment ...
$285,000,000 divided by $73,000,000 is ... 3.904109589041096 ...
or ...
$73,000,000 per year multiplied by 4 years is ... $312,000,000.
$312,000,000! ... minus $285,000,000 is $27,000,000 PROFIT!
$27,000,000 PROFIT! ... and in LESS THAN 4 YEARS!
THANK YOU MR KIRKPATRICK!
REALITY CHECK FOLKS! ...
the 'owned' wells aren't producing 5 barrels of CRUDE per day ... rather 2 or 3 per day ...
and CRUDE isn't at $100 per barrel but rather flirting with $40 per barrel +/- ...
and there aren't 400 wells ... how many are there? who knows other than Kirkpatrick?
so the more realistic numbers are ... even at the high of 5 barrels per day at $40 per barrel is only $200 per day ...
and $200 per day by 365 days is only $73,000 per year ...
'400' wells at $73,000 each per year is $29,000,000 ...
and $285,000,000 divide by $29,000,000 is 9.827586206896552 ... almost 10 years.
almost 10 years to recoup initial investment through the OIL BIDNESS ...
plus the 12 years that 'WE' have been waiting equals 22 years.
22 YEARS! ... 22 YEARS! ... 22 YEARS!
most of us won't be around in 10 years ...
our children may ...
our grandchildren may.
but ... but ... BUT ... we don't OWN 100% of ALL the WELLS!
WE DON'T OWN ANY WELLS!
NHE OWNS ALL THE WELLS!
and NHHI is being 'gifted' 30% ... less than 1/3.
and 'THAT' means that CMKI/CMKX/NHHI will only receive $8,7000,000 per year ...
and to achieved full recoup of initial investment will take 32.75862068965517 YEARS!
32.7 YEARS! ... 32.7 YEARS! ... 32.7 YEARS!
plus the 12 YEARS WE HAVE ALREADY BEEN HERE ... THAT'S 44 PLUS YEARS!
44 PLUS YEARS! ... UNTIL WE RECIEVE OUR INITIAL INVESTMENT!
and THAT'S ONLY if EVERYTHING goes in OUR FAVOR ...
least we forget about 'operating expenses' to NHE ...
and LEGAL FEES to FRIZZELL(?) ...
and SALARY to company employees ...
and SALARY TO KIRKPATRICK.
makes the 'bottom line' even lower folks.
we won't be around ...
our children may not be around ...
our grandchildren may not be around.
thanks for NOTHING MR. KIRKPATRICK ...
take your CARNEY ACT elsewhere.
some of it positive, and ... some of it not so supportive.
so in the interest of fair play, as opposed to the interest of TRUTH, let's let the numbers say what they will.
the plan as stated on many occasions is to eventually have in possession/ownership, 400 producing wells ...
to date, the wells currently 'owned' are producing 2, 3, 4 and possibly 5 barrels of CRUDE per day ...
so let's use the 'high' end number ... 5 barrels per day.
and at the current price per barrel between the high $30s and mid $40s, give or take ...
but in the interest of easy 'cipherin', let's use $100 per barrel as 'our' choice.
so 5 barrels per day @ $100 per barrel equals ... $500 per day ...
and $500 per day multiplied by 365 days (1 year) equals ... $182,000.
and 400 producing wells at 5 barrels per day, at $500 per day, at $182,000 per year is ...
$73,000,000!
$73,000,000! ... per year! ... $73,000,000!
it has been stated/reported by many on many boards by those that say they know and by Kirkpatrick himself that an estimated $285,000,000 has been invested into this stock ...
CMKI/CMKX/NHHI ...
so to receive the 'initial' investment by shareholders it would take nearly 4 years to recoup said 'initial' investment ...
$285,000,000 divided by $73,000,000 is ... 3.904109589041096 ...
or ...
$73,000,000 per year multiplied by 4 years is ... $312,000,000.
$312,000,000! ... minus $285,000,000 is $27,000,000 PROFIT!
$27,000,000 PROFIT! ... and in LESS THAN 4 YEARS!
THANK YOU MR KIRKPATRICK!
REALITY CHECK FOLKS! ...
the 'owned' wells aren't producing 5 barrels of CRUDE per day ... rather 2 or 3 per day ...
and CRUDE isn't at $100 per barrel but rather flirting with $40 per barrel +/- ...
and there aren't 400 wells ... how many are there? who knows other than Kirkpatrick?
so the more realistic numbers are ... even at the high of 5 barrels per day at $40 per barrel is only $200 per day ...
and $200 per day by 365 days is only $73,000 per year ...
'400' wells at $73,000 each per year is $29,000,000 ...
and $285,000,000 divide by $29,000,000 is 9.827586206896552 ... almost 10 years.
almost 10 years to recoup initial investment through the OIL BIDNESS ...
plus the 12 years that 'WE' have been waiting equals 22 years.
22 YEARS! ... 22 YEARS! ... 22 YEARS!
most of us won't be around in 10 years ...
our children may ...
our grandchildren may.
but ... but ... BUT ... we don't OWN 100% of ALL the WELLS!
WE DON'T OWN ANY WELLS!
NHE OWNS ALL THE WELLS!
and NHHI is being 'gifted' 30% ... less than 1/3.
and 'THAT' means that CMKI/CMKX/NHHI will only receive $8,7000,000 per year ...
and to achieved full recoup of initial investment will take 32.75862068965517 YEARS!
32.7 YEARS! ... 32.7 YEARS! ... 32.7 YEARS!
plus the 12 YEARS WE HAVE ALREADY BEEN HERE ... THAT'S 44 PLUS YEARS!
44 PLUS YEARS! ... UNTIL WE RECIEVE OUR INITIAL INVESTMENT!
and THAT'S ONLY if EVERYTHING goes in OUR FAVOR ...
least we forget about 'operating expenses' to NHE ...
and LEGAL FEES to FRIZZELL(?) ...
and SALARY to company employees ...
and SALARY TO KIRKPATRICK.
makes the 'bottom line' even lower folks.
we won't be around ...
our children may not be around ...
our grandchildren may not be around.
thanks for NOTHING MR. KIRKPATRICK ...
take your CARNEY ACT elsewhere.