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I HAVE BEEN WATCHING THIS COMPANY, AND LOOKING DEEPER INTO ,WAITING TO HEAR FROM CEO,AND HAVE TO CHECK LATEST STOCK NUMBERS,IF IT ALL GOES WELL, WILL RELEASE IT HERE THIS WEEK OR NEXT WEEK.ALSO IT HAS TO STAY IN THE RANGE IT IS NOW LOOKS LIKE A BARGAIN,GONNA MAKE SURE WAS A REASON WAY STOCK DROPPED SO MIGHT BE A GOOD ENTRY POINT,SEEYA LATER
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT?
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is it RDDI???? could be big.....2for1 F/S to go along with this.....2mil float as of now
RDDI -- Reddi Brake Supply Corp. Com ($0.0001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES: Reddi Brake Supply Corporation and Hidden Splendor Resources, Inc. Set to Close Multimillion Dollar Reverse Merger Transaction in Early June
Company to File Audited Accounts With SEC
SALT LAKE CITY, UT, May 11, 2007 (MARKET WIRE via COMTEX) -- Reddi Brake Supply Corporation (OTCBB: RDDI) company President / CEO Michael J. Zwebner announced today that the multimillion dollar reverse merger transaction with Hidden Splendor Resources, Inc., announced on April 30, 2007 and expected to close on May 14, 2007, is now expected to close in early June 2007. The brief delay in closing is due to the massive volume of information as well as audited accounts for the incoming acquisition company that must be gathered and affirmed as a condition of closing according to applicable SEC and other regulations.
Hidden Splendor Resources, Inc. is a Nevada corporation which operates a coal mining operation in Utah. The reverse merger transaction calls for the acquisition of 100% of the outstanding stock of Hidden Splendor Resources, Inc. The company in its future filings will shortly announce further details relating to the transaction.
Further information regarding Reddi Brake Supply Corporation is available from the company.
Statements contained in this press release that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the current views of management with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, or described pursuant to similar expressions.
They have financials coming Mon or Tues....and monthly production #s coming....for every month...
ALRY -- Allenergy Inc. Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES: Allenergy Says One Million Recoverable Barrels of Oil Realistic Assessment
COFFEYVILLE, Kan., May 2, 2007 /PRNewswire-FirstCall via COMTEX/ -- Allenergy, Inc. (OTC: ALRY), with a 17-year history in the oil and gas industry and current involvement in the multi-billion dollar natural gas fields in Kansas and Oklahoma, is pleased to disclose to investors a geology report that was obtained before the purchase of the AE-4 Project on April 19, 2006. We held this report close to Company management until we had ample time to procure surrounding acreage around the Moore Lease.
The report describes four producing formations on and adjacent to the Ball and to the Dark Treasures properties that was purchased January 24, 2007. The Redd sand occurring about 600' ranges from 5' to 50' thick and is the known oil producer on this lease. The Redd sand is a longer-lasting producer than the Weiser, producing less water and more gas. The Redd sand is a point-bar type deposit and the oil usually lies in pools or pods as opposed to shoestring-type deposits. As the wells are drilled to the west and rising up on the hill (Ball Lease) more and more gas will be encountered. The Redd sand is mostly a gas driven sand and the Weiser is water driven and contains less amount of gas. The Redd sand should yield 30 BOPD and the Weiser sand around 25 BOPD. It is not unrealistic to anticipate producing 200 mfcpd.
The Mississippi occurring around 1600' is a limestone with the top 10', a weathered, porus chert, called "chat". This chat is the gas-bearing zone and long-lasting zone produced naturally or treated lightly with acid. A gas well in the Mississippi about 2000' west of the Moore open-flow tested 6 mmcf with a shut-in pressure of 721 PSI.
Arbuckle Dol which occurs around 1850' to 1900' is a dolomite that contains thin lenses of excellent porosity and permeability in the form of vugs or cavities in the top 10' often filled with oil and gas.
A well 1320' west of the Moore property encountered oil and 3.65 mmcfpd (4-point tested). It is believed that more oil lies structurally down off this gas and to the east (Moore Lease). Arbuckle oil is the most pursued as it lies in pools that are constantly being recharged and long-lasting.
Taking all these facts into consideration of the four producing zones, one million recoverable barrels of oil is quite realistic. The shallow depth of the oil production plus the large barrel per acre foot coupled with the factual gas production in the area makes the Moore and surrounding area a very compelling project.
The surrounding area mentioned by the geologist consists of the Company's 480-acre AE-4, the 960 acre Dark Treasures and the pending 600 acre Bayless "B" properties.
The geologist didn't research the Layton formation. On April 11th, the Company perforated the Moore TM-1 and discovered a free flowing dry virgin pressure gas well that is maintaining 105 PSI. On Monday Allenergy lowered the pressure from 110 PSI to 105 PSI and gained an additional 10,000 cubic ft. "The Company will slowly let back pressure off in stages to let the well tell us its potential. Every indication is upward and could be unprecedented at this well depth. We have analyzed the logs of three wells on the Ball Lease that have identical readings as the TM-1 except they are structurally higher, which is very encouraging."
"We are just beginning to reap benefits of this year long plan and all indications point to very exciting plateaus for our shareholders and the Company," Mr. Sanford concluded.
About Allenergy: Allenergy, Inc. (OTC: ALRY) is strategically focused on areas of Kansas and Oklahoma believed to contain more than 1.5 trillion cubic feet of natural gas and helium at shallow depths. The Company currently holds approximately 5,500 acres of leased land with over 100 oil and gas wells on its producing properties.
Note: Certain statements in this news release may contain "forward looking" information within the meaning of rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, may include forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements.
Allenergy, Inc.: 877-277-8171
J.C. Friend at jcallenergy*aol.com
E&E Communications Paul Knopick, (949) 707-5365 pknopick*eandecommunications.com
SOURCE Allenergy, Inc.
CONTACT: J.C. Friend of Allenergy, Inc., +1-877-277-8171, jcallenergy*aol.com; or Paul Knopick of E&E Communications, +1-949-707-5365, pknopick*eandecommunications.com, for Allenergy, Inc.
-------------------- Men lie......Women lie........numbers don't.........
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