This is topic WNCP 15-1 Forward split Gold and OIL in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.


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Posted by n3xkk on :
 
Tomorrow 8/9/2006, last day to buy shares before the 15-1 forward stock split. lots of developments under way that could make this issue take off after the split. PPS is at around .015, pretty good price to get in before the split once the PR campaign begins. DD this one.
 
Posted by Michwlv on :
 
quote:
Originally posted by n3xkk:
Tomorrow 8/9/2006, last day to buy shares before the 15-1 forward stock split. lots of developments under way that could make this issue take off after the split. PPS is at around .015, pretty good price to get in before the split once the PR campaign begins. DD this one.

Etrade told me the date of the split was 8/3 and that the shares would be awarded on 8/10?
 
Posted by skip on :
 
quote:
Originally posted by n3xkk:
Tomorrow 8/9/2006, last day to buy shares before the 15-1 forward stock split. lots of developments under way that could make this issue take off after the split. PPS is at around .015, pretty good price to get in before the split once the PR campaign begins. DD this one.

WNCP -- Wineco Productions, Inc.
Com ($0.001)

COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:

Wineco Productions Reminds Shareholders Today Is Record Date for 15-1 Forward Split


Split Will Increase Market Liquidity and Shareholder Value

SUNRISE, Fla., Aug 03, 2006 /PRNewswire-FirstCall via COMTEX/ -- Wineco Productions Inc. (OTC: WNCP) as of August 4, tomorrow the Company's stock will be quoted on a post-split basis. On July 27, 2006 the Company announced that its Board of Directors and majority shareholders had approved a 15 to 1 forward stock split of the Company's common stock. Each shareholder of record at the close of business, today, August 3, 2006, will receive 14 additional shares for every outstanding share held on the record date. The ex dividend date will be August 10, 2006. The Company has advised that shareholders do not need to take action to receive the additional shares. Existing certificates should not be destroyed nor returned to the Company, and will continue to represent the number of shares indicated. New certificates will be issued for the balance of shares due. The fifteen-to-one stock split will not change the shareholders' existing proportionate ownership.
About Wineco Productions Inc.

Wineco is in the process of acquiring mining properties that show recoverable "Nobel Metals." The various properties are for the most part, mines that have been worked in earlier times. Working these mines have left tons of "Tailings" that contain valuable material. The company will process the material that had already been mined and that material is referred to as "Tailings." These tailings yielding better extraction of Noble Metals through advanced equipment. www.winecoproductions.com

On August 1, 2006 Wineco entered into a Letter of Intent to negotiate for a non-exclusive license of a cutting edge oil and gas perforation/blended rocket fuel exothermic down-hole oil and gas stimulation technology from Capital Energy.

Wineco is in final negotiations to acquire the mine tailing from World Wide Consulting. The tailings consist of approximately 1 million tons and are very prolific in platinates. World Wide Consulting is the first of 5 companies that Wineco is in negotiations with. All companies have shown excellent results in their tailings. Wineco has proven its test in chemical extraction of platinum in addition to its previously proven micron gold extraction process.

This media release may contain forward-looking statements regarding but not limited to management, market potential, distributor success, market size, international sales, including statements regarding the intent, belief or current expectations of Wineco Productions Inc. and uncertainties that could materially affect actual results. Investors should refer to documents that the Company intends to file with the SEC for a description of certain factors that could change actual results. Investors should refer to factors that could cause actual results to vary from current expectations and the forward-looking statements contained in this media release.


Contact:
Wineco Productions Inc.
James Logan President
954 575-7296 or 954 316-1326


SOURCE Wineco Productions Inc.


CONTACT: James Logan, President of Wineco Productions Inc, +1-954-575-7296, or +1-954-316-1326

URL: http://www.prnewswire.com
http://www.winecoproductions.com
www.prnewswire.com

Copyright (C) 2006 PR Newswire. All rights reserved.

-0-

KEYWORD: Florida
INDUSTRY KEYWORD: MNG
OTC
SUBJECT CODE: STS
 
Posted by T e x on :
 
this rings a bell...
 
Posted by Michwlv on :
 
quote:
Originally posted by skip:
quote:
Originally posted by n3xkk:
Tomorrow 8/9/2006, last day to buy shares before the 15-1 forward stock split. lots of developments under way that could make this issue take off after the split. PPS is at around .015, pretty good price to get in before the split once the PR campaign begins. DD this one.

WNCP -- Wineco Productions, Inc.
Com ($0.001)

Thanks that is how I understood it!
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:

Wineco Productions Reminds Shareholders Today Is Record Date for 15-1 Forward Split


Split Will Increase Market Liquidity and Shareholder Value

SUNRISE, Fla., Aug 03, 2006 /PRNewswire-FirstCall via COMTEX/ -- Wineco Productions Inc. (OTC: WNCP) as of August 4, tomorrow the Company's stock will be quoted on a post-split basis. On July 27, 2006 the Company announced that its Board of Directors and majority shareholders had approved a 15 to 1 forward stock split of the Company's common stock. Each shareholder of record at the close of business, today, August 3, 2006, will receive 14 additional shares for every outstanding share held on the record date. The ex dividend date will be August 10, 2006. The Company has advised that shareholders do not need to take action to receive the additional shares. Existing certificates should not be destroyed nor returned to the Company, and will continue to represent the number of shares indicated. New certificates will be issued for the balance of shares due. The fifteen-to-one stock split will not change the shareholders' existing proportionate ownership.
About Wineco Productions Inc.

Wineco is in the process of acquiring mining properties that show recoverable "Nobel Metals." The various properties are for the most part, mines that have been worked in earlier times. Working these mines have left tons of "Tailings" that contain valuable material. The company will process the material that had already been mined and that material is referred to as "Tailings." These tailings yielding better extraction of Noble Metals through advanced equipment. www.winecoproductions.com

On August 1, 2006 Wineco entered into a Letter of Intent to negotiate for a non-exclusive license of a cutting edge oil and gas perforation/blended rocket fuel exothermic down-hole oil and gas stimulation technology from Capital Energy.

Wineco is in final negotiations to acquire the mine tailing from World Wide Consulting. The tailings consist of approximately 1 million tons and are very prolific in platinates. World Wide Consulting is the first of 5 companies that Wineco is in negotiations with. All companies have shown excellent results in their tailings. Wineco has proven its test in chemical extraction of platinum in addition to its previously proven micron gold extraction process.

This media release may contain forward-looking statements regarding but not limited to management, market potential, distributor success, market size, international sales, including statements regarding the intent, belief or current expectations of Wineco Productions Inc. and uncertainties that could materially affect actual results. Investors should refer to documents that the Company intends to file with the SEC for a description of certain factors that could change actual results. Investors should refer to factors that could cause actual results to vary from current expectations and the forward-looking statements contained in this media release.


Contact:
Wineco Productions Inc.
James Logan President
954 575-7296 or 954 316-1326


SOURCE Wineco Productions Inc.


CONTACT: James Logan, President of Wineco Productions Inc, +1-954-575-7296, or +1-954-316-1326

URL: http://www.prnewswire.com
http://www.winecoproductions.com
www.prnewswire.com

Copyright (C) 2006 PR Newswire. All rights reserved.

-0-

KEYWORD: Florida
INDUSTRY KEYWORD: MNG
OTC
SUBJECT CODE: STS


 
Posted by n3xkk on :
 
Many people called their brokers such as ameritrade and scottrade. you qualify for the forward split before the EX-date, i dont know why they PR'd it like that. so if you buy lets say 10,000 shares at .015 tomorrow, after the split you will end up with 150,000 shares. There is no way that anyone who has been buying after august 3rd wont get the extra shares after the split because your value in the stock never changes in splits, so you have to receive shares. Usually those dates where you cant receive them for example august 3rd would be for like a stock dividend.

In final if you buy tomorrow before the split date of 8/10/06 you are entitled to the shares. if you want more info, call your broker, they will confirm this.
 
Posted by ohio_trader on :
 
hopefully the new shares hit out accounts tmrw , the latest on friday....
 
Posted by djg7 on :
 
That's just I've been waiting for. Any idea on the pps after the 15/1 FS.
 
Posted by djg7 on :
 
Ohio_trader, I just spoke with an etrade representative. She indicated it usually takes 1-2 business days after the effective date for the shares to be posted to an account. I'm sure each brokerage firm is different.
 
Posted by Michwlv on :
 
quote:
Originally posted by djg7:
Ohio_trader, I just spoke with an etrade representative. She indicated it usually takes 1-2 business days after the effective date for the shares to be posted to an account. I'm sure each brokerage firm is different.

I have my shares now from Etrade!

(Makes my account look very nice...as they haven't adjusted the price!)
 
Posted by djg7 on :
 
Michwlv, I have my shares from etrade too! Yes!!
 
Posted by ohio_trader on :
 
me also, my account went up alot,lol...see what happens in the a.m.>>>>>>fingers and toes crossed>>>LOL
 
Posted by VoodooNola on :
 
I got mine in scottrade!
 
Posted by djg7 on :
 
The suspense is mounting. What will be the pps at the opening bell which is less than 2 hours away. Good luck to everybody.
 
Posted by mudshark on :
 
.0009
 
Posted by MoneyMoneyMoney on :
 
hmmm, I had 30k shares and Scottrade gave me 170k X .0009 causing me to lose 350 dollars!! WT....
 
Posted by djg7 on :
 
My L2s on etrade still is blank on the bid/ask.
 
Posted by djg7 on :
 
I still have nothing on the bid and .02 on the ask premarket.
 
Posted by MoneyMoneyMoney on :
 
08-03-06 - I bought 10k shares
08-08-06 - I bought 20k shares

These cats are trying to use the divy date saying anything after the 3rd is not valid for the "dividend". So I get (10k X 15) + 20k I bought on the 8th. Is this right!!??

Damn, my 566 dollars will turn into 153. BS!!!
 
Posted by duke on :
 
I woke today about 800.00 richer after the f/s.
What does everyone think is going to happen at 9:30? Will everyone sell and drive the price down? Is everyone holding? glta
 
Posted by duke on :
 
I just woke uo 5 minutes ago so the brain isn't in full gear. So are these new shares tradable? Or are they restricted. Ameritrade isn't showing them as restricted. Maybe I need a nap.
 
Posted by djg7 on :
 
Ask 1 x .01 1 x .02.

Still nothing on the ask.
 
Posted by djg7 on :
 
NITE .005 on the ask.
 
Posted by n3xkk on :
 
calling scottrade to find out about shares after the 3rd, when they are posted.
 
Posted by n3xkk on :
 
scottrade said shares will be posted either later today or tomorrow, atleast for those who havnt received them yet.
 
Posted by djg7 on :
 
NITE .009 on ask. Nothing on bid.
 
Posted by Schwabie on :
 
lol...
 
Posted by duke on :
 
HEY!!!! Where did all my money go?????
 
Posted by 66inxs on :
 
88.89% drop on opening !!!!!!!!!!!!
 
Posted by MoneyMoneyMoney on :
 
LMAO, looks like everyone is down with me ahhahah.
 
Posted by n3xkk on :
 
bid ask spread huge. still no real bid. guess we wait for an MM to come on.
 
Posted by MoneyMoneyMoney on :
 
Ok, I'm all cleared up. Guess I didn't need ya'lls help anyhow. Thanks......
 
Posted by Schwabie on :
 
.006 woohoo !
 
Posted by djg7 on :
 
.001 x .0012
 
Posted by Schwabie on :
 
yes, this is trading so wide lol...
 
Posted by n3xkk on :
 
moneymoneymoney did you receive all your shares
 
Posted by 66inxs on :
 
scottie went nuts this morning - it then went to +558.89 % ultimate flip! now it is probably correct at +11%
 
Posted by MoneyMoneyMoney on :
 
quote:
Originally posted by n3xkk:
moneymoneymoney did you receive all your shares

Yes I did n3xkk. He called and apologized for the shares not being there and offered a few trades in compensation for my troubles.

.0011 X .0012 up 33%. Lots more room to run now!!!
 
Posted by Grico on :
 
wow now its up 750 %
 
Posted by Grico on :
 
ahh its down again
 
Posted by mudshark on :
 
Wineco Productions Inc. Announces Quarterly Shareholder Update

SUNRISE, Fla., Aug 10, 2006 /PRNewswire-FirstCall via COMTEX/ -- Wineco Productions Inc. (OTC: WNCP) has received numerous enquires from its shareholders regarding the progress of the company. The following have been achieved during this period.


* Wineco completed a 14 to 1 forward split which will create more
liquidity and increase shareholder value.
* Wineco filed Forms 9 and 15c-211 with the NASD
* Gold nuggets at the Winnemucca mine reported that the accrued stream
wash exceeded expectation approximately 25%.
* The average nugget exceeded 1/2 oz per piece. Collection from 5-55
gallon drums of mine tailings exceeded 2 1/2 lbs of placer gold at 68%
purity. The micron samples from the tailing accrual are averaging
approximately 3 oz's gold per ton, and 2.5 oz platinum per ton.
Management believes full production should increase overall production
by at least 4 times the present test runs.
* Wineco anticipates beginning its platinum and gold production
operations at a second Nevada mine by the end of the year. Tests
results indicated less than 2 oz of gold per ton and 5 oz of platinum
per ton.
* Wineco will finalize its first oil production contract in late August.
The Arco test well on the adjacent property resulted in 140 barrels of
oil per day and 1,400,000 cu. ft. of gas per day.
* The company cancelled its dealings with ERC computer salvage firm.
Winco has recalled the stock issued to ERC. ERC fail to meet
production requirements that were stipulated in our agreement.
* Wineco is in the process of building a large scale test lab and is
seeking joint venture agreements with both precious metals mining
operations and will re-open up to 50 old oil wells as quickly as wells
are acquired.
* Wineco has entered into a consulting agreement with Mr. Paul Jones.
Paul will also supervise, oversee and direct all Wineco mining
operations. He has approximately 20 years experience in mining
reclamation and chemical processing.
 
Posted by n3xkk on :
 
nice PR, looking forward to the oil contract at the end of the month. lots of buying today. couldnt believe people sold at .0001 in the start of the day and someone bought 500k at .008, such eradic trading but looks like we leveled out at the .001 area with some decent buying pressure. this one will be on radar soon.
 
Posted by T e x on :
 
quote:
Originally posted by n3xkk:
nice PR, looking forward to the oil contract at the end of the month. lots of buying today. couldnt believe people sold at .0001 in the start of the day and someone bought 500k at .008, such eradic trading but looks like we leveled out at the .001 area with some decent buying pressure. this one will be on radar soon.

companies screw this up alla time, then some traders get confused...

simple: today was the ex-date, so today was first day of trading "without dividend," namely the f/s shares. Anyone who bought as late as yesterday is due the split shares...
 
Posted by n3xkk on :
 
today we ended trading at .0011 x .0012 which is the equivelent of .0165 x .018 before the split. With some good news and we ran back to say .03 or .04 that would be .002 or .0026, which considering the share structure is still a low price if we got some good buying pressure. cant see why we cant see .004
 
Posted by n3xkk on :
 
consolidated at .0007 x .0008, been here for a few days, charts say oversold, some big buys today for 3-4 thousand dollars. Oil contract expected by the end of august. I think post share structure is around 1.3 billion. should easily run to half a penny or higher with good news.
 
Posted by 4Given on :
 
anybody get there shares yet????
 
Posted by n3xkk on :
 
yah i bought on august 8th and received my shares on the morning of the 10th.
 


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