I could have handled some dilution with another fund raiser, but that 25% loss on Working Interest of Billabong and Sail and Anchor was worth way more than that $5.3M. Those wells will put out 200,000 Barrels each in two years so $400K times $100 is $40M and $10M payback in two years, then 300K barrels after 3 1/2 years. Those wells are 1,320 feet away from Earl so tough loss for you and me.
Zoom you are completely over reacting. I don't see how this news is anything but good. 13 wells scheduled at least plus S&A and billabong. If all of those wells produced 200 barrels each, that's 750 barrels for Samson. They could not do this on their own, they needed slawson and now they can drill one well after another without and stupid Ssn mistakes.
You are out? Immediately? That would mean taking a major loss I would guess. I understand your anger but after the news is digested and Slawson drills that oil you are certain is there, the share price should go up, granted not near as much as it would have, but it should go up. How much is yet to be seen.