RVDO The program consists of 200 Units of Partic
Post# of 17811
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RVDO The program consists of 200 Units of Participation at $2,500 per unit. For each unit purchased, the Board of Riverdale has allocated 5,000 shares of RVDO to be granted to each Unit of Participation. The funding will provide the capitalization for Riverdale to acquire significant production and drilling interests in various leases and prospects. After costs associated with marketing, administration, and prospect evaluation, it is projected that there will be at least $300,000 in investment capital to be able to acquire 5 more interests in Existing Production and New Drilling programs. The full terms of the RVDO 2014-1 Program are provided in its Private Placement Memorandum.
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