This only traded 5 million all day, someone big must have wanted in... or out... Posts: 655 | From: Louisville,Ky | Registered: Dec 2005
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COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
LiteWave Completing Pipeline Construction Project to Produce Fifteen Shallow Natural Gas Wells in Bourbon County, Kansas
LOS ANGELES, CA, Jan 23, 2006 (MARKET WIRE via COMTEX) -- LiteWave Corp. (OTC BB: LTWV) is pleased to announce that it is in the final stages of installing a gathering system from its leasehold properties in Bourbon County, Kansas, to connect gas production from fifteen drilled gas wells via Bourbon County Pipeline LLC. for delivery into the main natural gas transmission pipeline. Gas flow is expected this month. This area in Kansas is presently undergoing rapid development of coalbed methane by companies such as Evergreen, Berry Petroleum, Suncor Energy, Meritage and Heartland. The area is located close to strong gas markets in Eastern Kansas and Western Missouri.
LiteWave is continuing its acquisition of leasehold acreage in the region, and expects to commit to additional wells over the next few months. The Company is also reviewing other oil and gas acquisition opportunities within the United States.
Ian Lambert, President of LiteWave, announces that Mr. Bob Cairns, P. Eng., has been appointed to the Board of Directors. Mr. Cairns brings extensive oil and gas infrastructure development and project management experience to the position of Chief Operating Officer. In addition, Mr. Jim Newton has moved from Project Manager to the position of Vice President of Corporate Development.
About LiteWave
LiteWave (OTC BB: LTWV) is an oil and gas company that is focusing its current efforts on the development of natural gas prospects located in the United States.
Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by LiteWave Corp.) contains statements that are forward looking, such as statements related to the future anticipated direction of the oil and gas industry, plans for future expansion, various property development activities, planned capital expenditures, future funding resources, anticipated production and reserves growth. These forward-looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated.
-------------------- Trading is a blast!! Posts: 4921 | From: Rhode Island | Registered: May 2005
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posted
Officers: Ian D. Lambert, Pres., CEO, & Director; Harvey M. Lawson. CFO & Sec't., Treasurer, & Director; Edward D. Duncan, Director; Gilbert McGown, Director
Outstanding Shares: 40,610,224 as of 2003-08-14
I THINK I LIKE IT!
-------------------- Trading is a blast!! Posts: 4921 | From: Rhode Island | Registered: May 2005
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posted
No I'm not in any groups, I just use all the boards(HSM, Allstocks,RB & I-hub) to kind of get the word out when I find something. I bought in today at .19, Heard a guy talking about the volume being way up and with those two large trades thought I'd jump in.
Posts: 655 | From: Louisville,Ky | Registered: Dec 2005
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First post! Been lurking for about a couple of months. I've been a pretty conventional investor for the last 6-7 years after I got out of college, but am now dipping into the micro-pennies. Did okay with USXP- not so good with GZFX, waiting for something to happen with PRRM. Have been slowly been sowing my oats, growing cajones- whatever. I think I"m hampered by my inability to access Level 2's (I'm too cheap).
Enough pre-amble
I have a friend who's a geolgist and he said the gas well development industry in Kansas is getting pretty hot. Not as much as the 1980's boom in Texas, but it's growing. There's been quite a few reports in geology journals (scientific and peer review) and well drilling publications that I get in the mail (some hack trade magazine) about this phenomena.
Think I'm in if I can pick some up at 0.20 at open.
My 2 (or 20) cents.
Posts: 949 | From: Little Rock, AR | Registered: Dec 2005
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