Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

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Message: Re: Falcon Oil hires Proactive for IR, - newtofo

Hey Newt, thank you for sharing the conservation you had with Peter O'Quigley. Well, it is very satisfying to see that everything he has said is in support that was my contentions all along.

To answer your question about Burlingame... The 40 cents average sounds about right. They own about 125 million shares. The first acquisition was for 58 million shares probably around 70 cents, subsequently through 4 more acquisitions they averaged down. The last 21 million was at 15 cents, participating in Falcon's 2011 private placement.

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