San Saba Royalty Company Is Royality Bid offer legit? Dallas Texas

Dear “ftbendbill”:

Most Texas mineral deeds do not recite the actual sales price. They simply recite "for Ten Dollars ($10.00) and other good and valuable consideration cash in hand paid by” or something very similar.  This is done because people don't want others to know directly how much they paid or received for a given property. The actual sales price is agreed upon, and paid upon signing and delivery of the deed.

If San Saba Royalty Company (SSRC) had been conducting business in the manner suggested by commenter then you would find many lawsuits with SSRC as a defendant.  We have NEVER been sued for fraud by any seller or potential seller.

SSRC has now purchased over 5000 interests totaling well over $500,000,000.  We provide a valuable service by offering liquidity to mineral owners wanting to monetize their interests.

I welcome any potential sellers with concerns to call me at 214-466-6684.  This includes the commenter “ftbendbill”.

Sincerely,

Everett Coon, Manager/Owner

You sent me an offer but when I read the Mineral and Royalty Conveyance the actual sell price was for $10.00.

As far as lawsuits once the contract is signed and filed by you in the county court house your vict... er customers have NO grounds for a law suit.

I also received an off fron San Saba. I was excited about the offer until I read the contract to be signed in front of a notary and saw the acyual offer was for Ten Dollars ($10) and other good and valuable consideration, cash in hand paid by San Saba Royalty ...... So your're actually selling your intrests for $10.00. The check you deposited with your bank can be withdrawn at anytime for any reason  by San Saba.

As I mentioned in my last rebuttal we have purchased about 2000 interests totaling $200,000,000 over the last 10 years.   If San Saba Royalty Company (SSRC) had been conducting business in the manner suggested by Prestidigitator then you would find many lawsuits with SSRC listed as the defendant.

San Saba Royalty Company has never been sued.  Please check with your attorney or online.  

Sorry; I get pie-in-the-sky offers from San Saba Royalty all the time, and in fact it IS a scam bait-and-switch. In the last number of years, they've started including a Draft with the proposal letter with an extra large $$$ on it that is awfully enticing looking. Here's the rub:

San Saba Royalty Company is one of the largest mineral/royalty buyers in East Texas. All our offers are legitimate and, as you can read from the report, very generous.

We have never used a trolling approach or even heard of that technique until reading this report. In the last five years we have completed over 800 individual transactions totaling just under $100 million dollars. We provide a valuable service by offering liquidity to owners wanting to monetize their mineral assets.

Our offers contain our phone number and we encourage those that we solicit to call with any concerns or questions that they may have.