I've been away on vacation for the last few weeks...It's nice to see some constructive chatter on the board.
Couple thoughts on the debt: As per the Edge Corp. Presentation(June2012)- current debt service cost per month is 25K, current monthly cash flow is ~400k. With the early drilling success that situation only improves.
Green, you continue to be hung up on the Debt, but it's not as if Edge has frittered away 15M$ by buying worthless land and drilling a bunch of dry uneconomical holes. That 15M debt has led to P+P of 4.7M boe and a NPV10(P+P) of 63.2M with (61%oil).