This one just kinda tanked. From .30 down to .01 in about two days. Could be a huge bounce imo.
Outstanding Shares 63,062,720 as of Oct 15, 2007 Authorized Shares 500,000,000 as of Oct 15, 2007 Float 46,550,700 as of Oct 15, 2007
Posted by Incorrectlogin on :
Feb 14, 2008 (M2 PRESSWIRE via COMTEX) -- New York-***************.com, announces the following companies as high potential, Future Bulls: Kingslake Energy Inc. (PinkSheets: KGLJ), UOMO Media Inc. (OTCBB: UOMO), Yahoo Inc. (NASDAQ: YHOO) Come visit ***************.com to sign up for our free Newsletter, where you will receive detailed information on these companies and more!
DALLAS, Feb 14, 2008 -- Kingslake Energy Inc.announces that it has permitted four locations and picked six others for a total of 10 natural gas well locations on its 20,000 acres of oil and gas leases located in the highly active Devonian Shale Area, in Morgan County, Kentucky.
The Company, ahead of schedule, has drilled eight natural gas wells. Four wells have just been placed in production and four wells are in completion phase.
Kinglake's president James Pagnum commented, "Our extensive geology study shows a uniform deposition of Devonian Shale across the lease holdings. It is not uncommon for these highly stable wells to produce at a steady rate for decades. We are confident that in light of efficient recovery technology and soaring energy prices, our progress in the Devonian Shale represents a tremendous investment opportunity for our company and shareholders." ABOUT KINGSLAKE ENERGY INC.
Kingslake Energy, Inc. Plans to become a significant presence in the multi-billion dollar US natural gas exploration and production market. The Company explores and drills in the prolific Appalachian Basin, an area encompassing Kentucky, Tennessee, West Virginia, and Virginia.
Posted by atleast on :
as of Feb 15th:
O/S 299,072,720 Restricted 226,000,000 Float 73,072,720
Posted by Incorrectlogin on :
I think we hit bottom at .008 Time to start buying. Scotturd wont let me buy online...
Posted by Incorrectlogin on :
its going back up slowly. Solid buys coming in, up to .01 from .008
Posted by Incorrectlogin on :
Currently at .03 now. over 300% increase from .008...is that right or my math wrong?
Posted by Nile on :
your math is wrong!!!! It's 275% which is still nice increase!
Posted by Incorrectlogin on :
right...my mistake.
Posted by Incorrectlogin on :
Did anyone get into this around .01? Its at .046 now.
Posted by Mo_Money on :
.055 Nice call incorreclogin!!!!
Posted by Incorrectlogin on :
Sinking back down after hitting .077, may be good to watch to see where it lands and pick it up...back to .051 now.