Grab Your Share of the $34.6 Billion in Freedom Checks

While Freedom Checks is rapidly growing as an important investment opportunity, some investors lack the right information to help them make up their mind. For that reason, we have written this FAQ guide to shed light on the critical pieces of information that an investor would need to take advantage of the new opportunity.

Is Freedom Checks a scam?

Freedom checks is a legitimate venture regulated by the Congress’ Statute 26-F. Besides, the trade is run by US-based companies that are affiliated to major oil fields like Permian Basin. The Statute 26-F requires the companies to use 90% of their proceeds to pay shareholders.

How much money do you need to start the investment?

One can venture into this opportunity with as little as $10. Though, Matt Badiali encourages investors to invest a reasonable amount since the venture’s return on investment depends on the amount invested. This means that investors who buy more shares are likely to generate massive profits.

After the investment period is complete, your broker will either deposit your proceeds to your brokerage account or send a check to your mail.

Where do you buy shares from?

An investor can buy shares from any company considered as Master Limited Partnership. Currently, there are close to 568 MLPs in the United States whose stock value is likely to shoot up significantly. However, investors should only buy the number of shares they can manage to lose, just in case the investment turns against them.

Does one need any skill to venture into these Checks?

No, investing in Freedom Checks is as simple as buying Apple or Tesla’s shares. You conduct basic market research to identify an MLP company with an attractive stock price, as well as a promising financial future. After that, you buy your preferred number of shares.

Are profits taxable?

Freedom checks’ earnings are exempt from income tax. It is one of the reasons why savvy investors regard the opportunity as one of the most lucrative schemes. However, your shares can be subjected to a capital gains tax rate if you want to sell them.

Talos Energy Acquisition Of Whistle Energy II

Talos Energy is a production and exploration firm with most of its operations in the Gulf of Mexico and the Coast of Mexico. The company’s main focus is the acquisition, exploitation, and development of assets.

Talos Energy Acquisition of Whistle Energy II

On September 4th, 2018, Talos Energy Company announced that the firm had initiated and completed an acquisition transaction of Whistler Energy. The purchase price was about 52 million U.S dollars and, as part of the agreement, Talos Company discussed the release of about 77 million U.S dollars of cash security that had been used to secure Whistler’s security bonds that the firm will not be asked to replace. As a consequence of the total cash security released, Talos earned 31 million U.S dollars, while the seller was entitled to earn the remaining 46 million U.S dollars. Moreover, Talos Energy also earned an additional 7 million U.S dollars cash balance that was available at Whistle Energy at the time of the negotiation.

Acquisition Metrics

The acquisition transaction is a significant win for both Talos and Whistle Energy. This is because the seller earned about 100 million U.S dollars, but the net cash payment advanced by Talos energy was only 14 million U.S dollars. This figure represents an acquisition metric of about 9,333 U.S dollars per Beopd.

The acquired properties include working interest in all blocks in the Gulf of Mexico. These blocks are Green Canyon 18, Green Canyon 60, and Ewing Bank 988. Collectively, the blocks encompass 16,494 acres of land.

The Green Canyon 18 block originally belonged to ExxonMobil and sold to Whistle Energy in 2012. The field has a cumulative production of more than 100 million barrels of oil. The field’s production facility, which is about 18 miles north of Talos’ production facility, has a capacity of close to 30,000 barrels of oil every day.

The strategic benefit of this purchase encompasses more than the producing leases currently in play. Talos had, in the past, licensed vintage wide azimuth seismic data around the locale. The data will be processed again to help in re-mapping of the production reservoirs and generate more drilling prospects.

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