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Client
Just to set the record straight. The accusitory person who said that FIG does not give a breakdown of fees and costs on their Investors statements is incorrect. I happen to be on six different wells with this company. I recieve an itemized breakdown of expenses every month along with my very nice check. Regardless of any negative posts on this site. FIG has done nothing but an exemplery job for me. I ha e nothing but high accolades and applause for a very honest company. I will continue to invest with FIG as long as they have offers and I am able. Negative people bring nothing but bad to otherwise decent people.
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17
harry
I am not an employee or principal of these companies.I have had a good deal of bitter experience in the investment world for 50 years.Some was good and none of it easy.When I was 5 yrs.old my mother told me"no one ever regrets buying quality-you get what you pay for".She proved right.
It is not realistic to expect anyone to waste his precious lifespan years in a vain effort to break even in business.Considering all the huge overheads and taxes and failures a company faces,it must make a profit with which to buy necessities of life,to cover retirement and illness and to raise a family properly-for all participants ---and even to be charitable,also.
I do not want someone working FOR NOTHING.In have more self respect than that and the labours of a fellow man are important to me.
You mentioned 30% as a figure-I do not know what Fig charges -that is their business.MY business is to evaluate the RETURNS on a deal-not what they charge.One gets nothing for nothing.Those folks who SEEK the slimmest deals to buy, will get ploughed into the ground, usually.They deal with marginal grab and run characters.
I know of NO deals that are available to anyone, which will equal the return from Fig and Petromax-NOW OR IN THE PAST.
Add to that the most important items--character and honesty-in to-day's world , rare indeed, and what on earth more can one want.ANY DEAL IN DISHONEST HANDS WILL FAIL ANY INVESTOR-REGARDLESS OF EVERYTHING.
Petromax uses the  highest caliber associates to map out, drill and deliver their operations.What else can one ask of them.Well longevity?To get your money back as on their schedule-I challenge you to duplicate that.In addition,if a well delivers  steady base money and some shelter for 10-20 years --- GREAT!Most wells and deals of my lifetime elsewhere, never ever began to return the initial investment and closed down.
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Do you know of a business entity[not a salesman commission-with no personal investment overhead]that could run on a 30% mark up and survive.-especially-in the early stages of growth?When after fine success and many projects -the open market will determine what folks will pay for the product.
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18
Steve
I know a person who received their first check after one year of investing in four wells.  Is this normal?
Do checks really come every month?  Can you ever get your money back if you need to?  Are there other people who sell these wells
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19
twiceshy
I invested with F.I.G.  and it has been a disaster.  Nothing that was told me is true.  When confronting Mr. Main, he just says who knew gas would go so low.  But when he was selling this scam it was a  totally different story.  It was always God bless you man.  Beware of those that wear their religion on their sleeve.  Main has made a lot of money while investors see their returns go down every month.  
Oh he's got a boiler room operation now in an executive suite, but the people selling the product are as big a clowns as he is.  Only thing God has to do with this deal is He has a special place awaiting those who cheat others.
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20
Company
FIG has always had between 25 and 30% markup, try and find another company that hits wells and only takes that small a mark up and 15% of that goes to the consultant. WOW thats a real rip G your the scammer selling a product that you know will loose the investor dollars but you have been doing it the entire time you have been selling oil and gas investments for that team of thieves. THATS sad!
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