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UNCN UNICO Incorporation 12/23/04 = .005 (Intraday low .004) 52 week high/low .16 - .004 141 million shares Discussion: One year ago it was at .16 and has been in a steady decline since then. Has three properties that had producing mines in the 1800's Have been drilling the properties and now there is major insider buying. During this quarter Lopez (cheif executive officer) bought 5 million shares for $76,000 of HIS OWN MONEY, Brown (director) bought 10 mill shares for $152,000 of his own money and Ash (president) bought 200,000 shares THERE WERE NO SALES. Insider selling is normal, need money for childs tuition to college etc. Normally insider selling exceeds buying, but in this it is all buying and it is insiders high up on the corporate ladder that are doing the buying. One year ago the stock was at .16, was as low as .004 this last trading day. If they announced good news (why the insiders are buying) and the stock went back to .16, that would be a 4,000% rise. So $1,000 would then be worth $40,000. Shoot you could buy a really nice steak dinner for that and even have enough money left over for popcorn and a movie. (Plus a car to drive to the movie.)
[This message has been edited by STAR GAZER (edited December 26, 2004).]
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AMEP American Energy Production 01/04/05 = .011 52 week range = .095/.007 Try to buy at .0095 Discussion: Has an additive call AMEP that they are testing to inject in heavy oil wells to make the oil less viscous and thus easier to remove. They also own oil/gas property and are drilling wells and getting revenue from the oil and gas that the wells are producing. Here is some information on Insider Shares Transactions 10-Oct-04 BITTERS, CHARLES President 75,000 Purchase at $0.024 per share. $1,800 7-Oct-04 BITTERS, CHARLES President 700,000 Purchase at $0.02 per share. $14,000 5-Oct-04 BITTERS, CHARLES President 1,540,000 Purchase at $0.024 - $0.025 per share. $38,0002 4-Oct-04 BITTERS, CHARLES President 380,000 Purchase at $0.027 per share. $10,260 Financial information. (My note: As you see below, the company profits have been in a strong uptrend for years and this looks like it is going to continue especially with rising gas and oil prices PLUS as shown above, the president of the company is buying shares and THERE WAS NO INSIDER SELLING for all of 2004.) Values in US Millions) 12/1/03 12/1/02 12/1/01 Gross Operating Profit 0.37 0.00 (1.28)
American Energy Production Inc. reported $921,900 in oil and gas revenues for the first three quarters of 2004. AMEP is very pleased with the production revenues of our investees. The Company anticipates further production increases in the fourth quarter and the first quarter of 2005 because of the acquisition of Oil America Group Inc. and additional production from new and existing wells. This was written on another board. The 193 PRI wells are heavy oil that HOA-800 improves to sweet per the press release. However what is far more important to note, is that the remaining leases are producing "sweet" to "distillate", and the distillate brings a higher price than sweet crude. The distillate is coming from the Barnett Shale Formation. FYI, it is not unusual for distillate to come from formations producing natural gas, like the Barnett. That is in part why revenues are up triple digits percentage. The PRI leases with 193 wells to re-work is nice,... but I am here for the Barnett Shale wells that will eventually push this SP up strong, IMHO. AMEP has +8,000 acres over a blanket Barnett Shale Formation to develop, and they have 100% working interest and control on the vast majority, and 50% on the adjoining lease to the Youngblood that has the sales pipeline. Now CB has his own rig, Barnett wells will be coming on at a fast pace.
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Monday I am putting $1,000 of my own money in my bid to turn it into $100,000 by the end of Dec. It will be in my IRA so that I don't have to withdraw any profits to be given to the IRS. I will also be putting all the money into one stock. On $1,000, comissions can take a big bite if you buy three or more stocks instead of just one. I also won't just buy low priced stocks. If I find a special situation, I will buy a higher priced stock and even if it only goes up 25% or 50%, if I do just a few of those, it will really start to add up. And as it works out, I do have a special situation stock: FDEI Fidelis Energy Incorporated Price .87 Has a heavy oil property that they are starting to treat with steam injection and a gas property that they have drilled one well with good gas flow and plan on drilling more wells. They have built a gas pipe line to send the gas from the wells to market, but the last 177 feet has not been built because they are waiting on a government agency to give the OK to build it. It looks like that approval will soon be in place and then they can start selling their gas. Also they have just finished the steam enhancement of thier first Commanche Point Heavy Oil well and had a subtantial increase in oil production from the well. They are planning on drilling many more wells. Also, the SEC has just given the preliminary list of heavily shorted stocks, including stocks that may have suffered naked short selling which wasn't reported by the short sellers and FDEI is on that list. The short sellers have 13 trading days to cover their shorts, and this should also drive up the price of the stock. The stock has started to edge upward the last few days, which might mean that somebody knows something. Monday morning I will see what the bid/ask is and see if the stock is still moving upward or if it is taking a breather and edging downward, but in either case I will buy the stock.
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QRVI Quality Restaurant Ventures. 01-07-05 Price = .0009 ... A year ago it was .09
So a year ago it was 100x higher than it is now. During that year, this newly formed company has been expanding the number of restaurants that it owns plus has acqured a partial stake in two other companies plus is starting to franchise its restaurants. So, as the year has gone on, the company has gotten better and better, but its stock price has gone down and down. I have not been able to find out how many shares that they have, so it could be that they are flooding the market with shares and thus driving the price down, or it could just be that people are not familar with the company and so its price has tended to drop. But, with its strong growth, it looks like it is just a matter of time before it starts to get recognized and thus it should start to rise in price. So just this one stock could be the 100x price increase that would turn $1,000 into $100,000. Here is some information on it: Quality Restaurant Ventures, Inc. Announces Its Business Model And Vision For The Future QRVI
Tuesday , February 03, 2004 16:31 ET
HEATHROW, Fla., Feb 3, 2004 /PRNewswire-FirstCall via COMTEX/ -- Quality Restaurant Ventures, Inc. (OTC Pink Sheets: QRVI), formerly Sobik's International Franchising, Inc., for years has been known as a high-quality submarine sandwich and deli concept having grown methodically through franchising, co- branding and development of non-traditional business venues. Although those will remain key components for the Sobik's Subs brand to continue its existing growth, Quality Restaurant Ventures, Inc. (QRVI), will now begin to focus on a more aggressive model of acquisition and joint venturing with other brands.
Quality Restaurant Ventures, Inc.'s former majority shareholder, Ultimate Franchise Systems, Inc. (OTC Bulletin Board: UFSY) has long been positioned as an acquirer and manager of franchise systems in over 30 states across America. QRVI will now develop that model on a regional and multi-state basis.
Whereas five to fifty store unit chains are now potentially too small for Ultimate Franchise Systems, Inc. to acquire, they are ideal candidates for QRVI if they are in the south-eastern United States and, more specifically, in the state of Florida. QRVI will be able to take advantage of Ultimate's significant infrastructure and size while being able to take advantage of looking at smaller regional brands. Ultimate Franchise Systems continues to own a 19% non-dilutive preferred class of stock in QRVI. Ultimate will continue to give QRVI access to its product purchasing power, marketing/advertising economies as well as to its legal and accounting infrastructure. This will allow QRVI to focus on the purchasing and development of small regional franchisors.
QRVI's immediate business strategy will focus on expanding Sobik's Subs into the Tampa/St. Petersburg and Jacksonville markets. Subsequently, the south Florida market will be targeted. As Sobik's develops a foothold in these markets, the Company will be looking for strategic acquisitions or joint venture partners already established in these markets. Through the acquisition or partnering with additional restaurant brands, QRVI believes it can greatly mitigate three major hurdles to rapid growth. First, identifying and securing competitive retail locations; second, being able to develop human resources in the market rapidly and with quality business partners; and third, achieving brand equity rapidly and inexpensively. Through acquiring or partnering with new brands in these markets, QRVI can co-brand existing locations, have greater leverage in negotiating new locations or rollout partial product offerings in the new partnered company's existing locations. This will also gre! atly increase QRVI's ability to g ner more marketing leverage. Finally, by having access to the new partnered brands' existing human resources, the Company expects Sobik's will be able to build their team of franchisees and area support team much more rapidly through cross-training and dual functioning.
QRVI will facilitate Sobik's to move along their current path of sourcing new area developers who will look to develop territories with multiple locations. They will also continue to rollout their express units in petroleum and non-traditional locations.
QRVI's corporate team members are many of the same individuals who were instrumental in growing Ultimate Franchise Systems from 36 units to over 300 units in eighteen months. While the Company certainly does not predict the same sort of growth rate, the management feels confident that it can identify and acquire strong regional brands and grow its holdings beyond Sobik's Subs. Management believes through this new business model they can develop QRVI into a leading consolidator in the southeast and, most importantly, increase shareholder value.
For more information, please contact: Daniel R. Patterson, President of Quality Restaurant Ventures, Inc. at 407-333-8588. Web site: http://www.sobiks.com
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 or Section 21E of the Securities and Exchange Act of 1934 and is subject to the safe harbor created by these sections. Quality Restaurant Ventures, Inc. and Ultimate Franchise Systems, Inc. assume no obligation to update the information contained in this press release. Certain information included herein may contain statements that are forward-looking, such as statements relating to plans for future expansion and other business development activities as well as operating costs, capital spending, financial sources and the effects of competition. Such forward- looking information is subject to changes and variations, which are not reasonably predictable and which could significantly affect future results. Accordingly, such results may differ from those expressed in any forward- looking statements made by or on behalf of the Companies.
SOURCE Quality Restaurant Ventures, Inc.
CONTACT: Daniel R. Patterson, President of Quality Restaurant Ventures, URL: http://www.sobiks.com http://www.prnewswire.com FransAction Inc. Announces Agreement to Represent All Four QRVI Restaurants Brands E-mail or Print this story
25 October 2004, 06:30am ET
HEATHROW, Fla., Oct. 25 /PRNewswire-FirstCall/ -- FransAction, Inc. (OTC Pink Sheets: FCTN) announced today that it has signed a multi-year, multi-brand agreement with Quality Restaurant Ventures Inc. (OTC Pink Sheets: QRVI), a affiliate company of Ultimate Franchise Systems, Inc. (BB:UFSY) to represent the sale of area developer agreements and franchises for all four of QRVI's restaurant chains. The agreement signifies the validity of the FransAction Inc. formation and is expected to help persuade numerous other brands the company is in negotiation with to quickly sign agreements.
QRVI is a franchise management organization currently directing over 100 food service units for Westshore Pizza, Sobiks Subs, and Uncle Al's Hot Dogs. At the signing QRVI President, Dan Patterson, said "During the past seven months Quality Restaurant Ventures Inc. has grown from one restaurant brand to now three. Franchising sales was the one area where we needed a high level team of professionals dedicated to growing our brands. The FransAction program offered the perfect solution to consolidate and drive our franchise expansion program without undertaking major organizational change and expense."
An agreement with FransAction, Inc. for franchise representation is a powerful enticement for brands that are ready and anxious to grow their unit numbers. The FransAction program includes a comprehensive national marketing program, legal documents and operational expertise in place, and a team of top-level executives lead by President Cal Smith, twelve-year veteran of Golden Corral Buffet and Grill. The company intends to not only represent food service operations but eventually build an array of brands that interest a wide variety of the potential franchisee marketplace.
Mentioned Last Change BHWW 0.01 0.003dollars or (23.07%) UFSY 0.34 (Unchanged) Christopher Swartz, CEO of Ultimate Franchise Systems, Inc., a major shareholder of QRVI added, "This team knows the franchising business and has been very successful with contact all over the country. They have been historically successful in building brands rapidly. We look forward to aggressive growth."
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Today I bought 1074 shares of FDEI at .92. As I sell and buy more stocks I will post what I do and how my $1,000 is doing.
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Yes please keep up the post, will be nice to see how your dong as you go along
quote:Originally posted by STAR GAZER: Today I bought 1074 shares of FDEI at .92. As I sell and buy more stocks I will post what I do and how my $1,000 is doing.
-------------------- His men would follow him anywhere, if only out of morbid curiosity Posts: 83 | From: brazoria, texas, brazoria | Registered: Dec 2004
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Well the price of FDEI has fallen, but the permit for the building of the final 177 feet of the pipe line may not be that far away and once the gas starts flowing it should ignite the price of FDEI. New President's message on web site:
Permit Posting
Wonders never cease! The public posting of the North Franklin tie-in permit time for comment has come and gone and now we are simply awaiting the posting of the permit in the Federal Register in Washington (which we have people there checking for us today)prior to receipt of the permit.
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LBTS $2.00 Liberty Star Gold Corporation has property that may contain 20 million to over 40 million ounces of gold and billions of pounds of copper. It started trading last February and had been staying in the $1.50 range. In the last few months it has started rising and now it is in a parabolic up move. The company has been exploring and surveying their property and now sombody may know something. Four minuets before the market closed I bought a fair amount of the stock for myself (not for the 1,000-100,000 account) @ $1.96 and by the time the market closed it was at $2.00/share. (It opened up at $1.88.) If someone wants to try for a quick profit, or even hold on longer, you might want to buy some. Who knows, it might go to the moon. We Like the Moon
(Try this site) Hmmm I couldn't get it to work, just copy it and then paste it on to your search site. I think that you might find it amusing. www.rathergood.com/moon LBTS has many well known mining personel working for them. Among them is Dr. John Guilbert who (with J David Lowell) came up with the "Porphyry Copper Model" for which, among other accomplishments, he was awarded the Penrose and Jackling Gold Medals - mining's highest awards. Dr Guilbert is on the board of directors of Liberty Star Gold corporation.
Here is some recent results on their ongoing evaluation of their property: TUCSON, Ariz., Dec 24, 2004 LBTS
Assay values from the split core have been returned from ALS Chemex, a Certified Assay Laboratory in Vancouver, B.C. Canada. Holes BC 1 and BC 4 intercepted strong sulphides but low to nil copper and moly values while holes BC 2 and 3 which lie between but to the east of BC- 1 & 4 have significantly anomalous values of copper, moly, lead and silver. This is characteristic of porphyry deposits where metals are zoned in a bull's eye fashion with a high moly center, surrounded by copper that is in turn surrounded by lead, then silver and zinc. There are also alteration mineral zones that correspond roughly to the metal zones. This zoning pattern was first understood and described by Dr. John Guilbert. Dr Guilbert is on the board of directors of Liberty Star Gold Corporation and thus can be very helpful in determining further exploration of the property. These combinations of metals in the various holes describe patterns that suggest we are on the edge of a porphyry copper-gold-moly-silver center, which lies to the east of the current drill holes. Additional geochem sampling and IP ground electrical survey lines will be concentrated to the east, where the center is thought to be located. The IP lines will be extended to define the other side of the pyrite halo which is thought to surround the mineral center and which holes BC 1 and 4 appear to have intersected the west side of. Coupled with aeromag, IP, and geochemical data, the information from these 4 widely spaced holes is very encouraging. It shows characteristics of the outer portions of a porphyry system and points toward the porphyry center that appears to lie to the east of drill hole BC-3. Here is a previous write up I did about the stock and as I said, I bought some more today. As you can see, I tend to post things in the wee hours of the day: By: STARGAZER 22 Aug 2004, 04:23 AM EDT This is THE STOCK TO BE IN. I don't thik that you have to worry about not having gotten in early enough. Actually the stock didn't start trading until the end of February. I've put a GTC order in for Monday 8/23 for a price of $1.45 For the people that are new to this stock: LBTS Liberty Star Gold Corporation has 400 square kilometers of land in a gigantic volcanic caldera (a caldera is the collapsed rim of a volcano and so think of it as a giant donut.) whose magma brought up massive amounts of gold and copper. Many of the biggest gold mines in the world are located in volcanic caldera's. Northern Dynesty Pebble Property covers 1/3 of the caldera and contains 26.5 million ounces of gold plus 16.5 billion pounds of copper which is the largest gold deposit in North America and the second largest copper deposit in North America. What the Northern Dynesty owners didn't realize, was that their property was part of a volcanic caldera, which was too bad for them because the rest of the caldera should be similar in metalic make up as found in the Pebble property. LBTS management reviewed the information available on the Pebble property, realized it was part of a volcanic caldera, and during winter did an airborn and ground survey of the area and then staked their 400 square kilometer property. That means that they own the rights to the other 2/3 of the caldera and so their property (which is the other 2/3 of the donut) could potentially contain ~ 50 million ounces of gold (worth $20 billion dollars at a gold price of $400/ounce) + 30 billion ounces of copper worth $40 billion or more dollars. Copper prices have been rising because of China's need for the metal and gold's price has been rising, so these may be conservative estimates. LBTS has 37.5 million shares, but has a float of only 4 million shares, but even if it was 40 million shares, if LBTS exploration of its property yields $60 billion worth of gold and copper, then a price of $1.50/share is peanuts. So far the company is in the exploration phase of its property and the price is rock bottom. As soon as they are able to come up with drill results, which may take awhile, the stock price will start rising and as more results become available and as the price of gold and copper keep rising, the stock will really take off. And so, now is the time to buy LBTS, their 2/3 of the donut could be worth a lot of dough.
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-------------------- Do you know what "nemesis" means? A righteous infliction of retribution manifested by an appropriate agent. Personified in this case by an 'orrible 'unt... me. -Brick Top Posts: 746 | From: Pawtucket, MA | Registered: Jan 2005
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Presidents Message updated on Web Site FDEI
Short Term Outlook Informed the permit 177 feet pipeline approved. With the Federal Register posting of our easement permit coming Wednesday and the imminent tie-in of the North Franklin Gas Field, the Company is poised to finally reap the income benefits of our discovery from last July! The Company will be drilling additional wells into the gas field as soon as rig availability and weather will allow.
We've made the decision to buy the flow from the first two wells in the Joarcam Oil Field in Alberta for several reasons. By purchasing the interests in the first two wells in that field, we anticipate being able to posture for additional control of that field and reap what promises to be a very large per-day oil production from the 10 plus wells capable of being drilled into the field. The oil from Joarcam is Edmonton Light Sweet Crude and commands maximum pricing.
The Hidalgo Prospect which the Company has decided to engage in is on the Gulf Coast and has tremendous gas potential if successful. A more detailed report will be coming this week via news release on BusinessWire.
Other items of interest will be forthcoming in the next few weeks which should add a two-fold increase in assets and income for the Company. I will release news on these events as regulations and prudence dictates.
The Company expects to file its Form 10K Annual Report nearly a month earlier than required. Look for it mid-February.
On behalf of the Board of Directors
Daniel Hodges, Chairman and President
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stnkng1 over on the Micro Penny board came up with RWLNE which looks like it is not going to be a stinking stock. Here is what I concluded about the stock: RWLNE Reality Wireless Networks # shares 4.2 Million Price .001 = Market Cap $4,200
States will be up to date in reporting in two weeks and have the E removed. Was (and still is) providing high speed internet access to rural markets in Northern California where DSL or cable service was not available, plus has signed up to provide sevices to apartment houses. One review I read said that their service was not reliable. Their stock price fell from .10 Nov 2003 to .01 and now is .001 Now, however, Genesis Electronics Inc. has mereged with it and Genesis through years of R&D has developed and gotten a patent for charging hand held electronic devices such as cell phones using solar power. It provides maximum power transfer from a photovoltaic cell to charge the battery of a hand held device and thus extend the user time of the device. They have obtained one million dollars in financing and have received their first order worth $2,700,000 from Digital & Wireless Group for 70,100 Sun Blazers, a mobile electronic power holster for cell phones. This appears to be a market that will grow with time and with only 4.2 million shares, the price could rise substantially. Right now the Marke Cap is only $4,200 which basically means that people are saying that the company is worthless. If it starts showing a profit in future quarters (and it looks like it will) then the market cap will have to increase accordingly, which means that its price could increase 10x or even 100x or more. GIG HARBOR, Wash., Jan. 20 /PRNewswire-FirstCall/ -- Reality Wireless Networks Inc. (BULLETIN BOARD: RWLN) , announced today that it has received a near term financing commitment from an institutional source for up to $1.0 million. The financing is structured as a staged equity investment of 4-6 trenches dependent upon Reality Wireless meeting certain performance targets. Reality Wireless Networks, Inc. will use the proceeds of this financing to fund production efforts with its merger partner, GENESIS ELECTRONICS INC. As previously announced, GENESIS ELECTRONICS with its production partners has, through its proprietary technology and ongoing R & D and extensive market research, developed a mobile power product for consumer hand held electronic devices. This unique product combines on-board battery power and solar charging to provide significant additional power to the user's mobile phone and other consumer hand held devices. This merger is expected to be completed within 60 days.
Jerry Bessa, CEO of GENESIS, commented, "Reality's management continue to show that they can perform for us and are part of the team. The mobile phone and hand held device market we target remains robust and our product is positioned well for millions of users who frequently experience the loss of power with mobile devices!"
GIG HARBOR, Wash., Nov. 29 /PRNewswire-FirstCall/ -- Reality Wireless Networks Inc. (BULLETIN BOARD: RWLN) , announced today that its merger partner, Genesis Electronics Inc. ("GENESIS"), has received a Purchase Order for $2.7 million from Digital & Wireless Group, Inc., an International Marketing & Information Services, Inc. Company, for the "SunBlazer," a mobile electronic power holster for cell phone users.
GENESIS and Digital & Wireless Group, Inc., have worked together through R & D, prototype review and market research efforts to develop this initial Purchase Order. Digital & Wireless Group, Inc., http://www.digitalwirelessgroup.com/, is a leading specialist in laptop computer and mobile communication accessories with over twelve years experience and more than 2,000 business and retail customers worldwide.
Jerry Bessa, CEO of GENESIS, commented, "Our first Purchase Order for 70,100 'SunBlazers' is a very gratifying development after years of R & D and market research into what cell phone users really want and need in terms of mobile power. This order will include 'SunBlazers' for use with Nokia, Sony-Ericsson, & Motorola Cellular phones, and we expect future orders to include units for LG, NEC, Samsung, Sharp, Siemens, Panasonic, and Toshiba phones."
The CEO of Reality Wireless Networks Inc., Steve Careaga, noted, "This Purchase Order is a clear indicator of the value and excitement this merger will bring to Reality Wireless Networks, Inc. We believe that GENESIS, with this first Purchase Order and worldwide distribution partner, will truly be tomorrow's leading mobile power solution provider
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Traded my FDEI today for CWPC which is trading 1.4 million shares today. avaerage 235 thousand. Getting ready to test their property to see if it has BILLIONS OF BARRELS OF OIL. AND THE STOCK IS CLIMBING. CanWest Petroleum Prepares for Aggressive Exploration Drilling Program at Firebag East Oil Sands Thursday February 3, 8:05 am ET -- Project has a Potential for Several Billion Barrels Oil --
CALGARY, Alberta, Feb. 3 /PRNewswire-FirstCall/ -- CanWest Petroleum (OTC Bulletin Board: CWPC - News), an oil and gas exploration and development company, announced today further details of its Firebag East Oil Sands Project in Alberta, Canada. The Firebag East Property is the largest land holding in the Athabasca Oil Sands Region, spanning 1,400,000 acres in 60 townships (2,187 square miles). The Athabasca Oil Sands Region contains the largest hydrocarbon resource in the world estimated at 1.5 trillion barrels of oil with 310 billion barrels of recoverable oil using today's technology. The Company announced it expects to begin its exploration program on the Firebag East Property in late February 2005, which will include drilling 20 wells. ADVERTISEMENT
Thornton Donaldson P. Eng, President, Chairman and Director of CanWest Petroleum, stated, "CanWest's Firebag East Oil Sands Project is adjacent to and east of four world class oil sands projects with 14 billion barrel reserves and planned production of 500,000 barrels of oil per day."
Donaldson continued, "Our Company has strategically positioned itself as the controlling shareholder of a private Calgary based operating company that now holds the largest land position in the Athabasca Region. The operating company is preparing for an aggressive exploration program in February with the potential to discover a world-class oil resource of several billion barrels, which is in keeping with the Firebag area. This is truly a major achievement for an emerging-growth, junior company such as ours."
The operating subsidiary's management team is under the direction of its President, Christopher Hopkins, B. Sc., MBA. Christopher was a founding shareholder, Director and Executive VP of Synenco Energy Inc., which has a deposit in the Firebag Region with stated reserves in excess of 2 billion barrels oil and planned production of 125,000 barrels oil per day. He has 29 years experience in all aspects of oil sands exploration and development and held former senior positions with Suncor's oil sand group, Pembina Corp, and Amoco Canada.
About Firebag East Oils Sands Project
The McMurray and Wabiskaw paleochannels within the Firebag East Property contain oil, which is confirmed by previous drill hole cores and logs that show a potential pay thickness of 150 feet in the Wabiskaw formation and 58 feet in the McMurray formation with several drill hole intersections grading better than 7% oil by weight. The best oil sands grade encountered was in the McMurray formation over a 20-foot interval, which graded 9.1% oil by weight. Cut off grades for Athabasca Oil Sands production is 7% oil by weight which suggests the Firebag East Project has world-class development potential for several billion barrels of oil.
On receipt of Saskatchewan government approval within the next few weeks, an exploration program including approximately 20 wells will be drilled in the western portion of the Firebag East property within an area of known oil showings and adjacent to the proven reserves of other projects containing 14 billion barrels oil reserves. Each hole will be core sampled with a complete suite of logs run.
About The Athabasca Oil Sands
The Athabasca Oil Sands currently account for 50% of Canadian oil production and is expected to account for 70% by 2010. Canada currently supplies over 15% of all US oil imports, which will likely increase given the expected increase in oil sands production, the proximity to the United States and the security of supply.
Analysts report Athabasca Oil Reserves at 310 billion barrels of recoverable oil, with a potential for over 1.5 trillion barrels oil. As a comparison, Saudi Arabia has 260 billion barrels of recoverable oil. On discovery of reserves, analysts will currently assign 20+ cents per barrel of oil in the ground, which may rise to $2/barrel of oil in the ground at the time of production.
About CanWest Petroleum Corporation
CanWest Petroleum Corporation (formally Uranium Power Corporation) has exploration offices in Calgary, Alberta and is exploring world-class petroleum properties in Canada. The Company holds more than 2.25 million acres of land under permit for exploration and comes to market with a potential resource of ten billion barrels of oil. For more information visit http://www.canwestpetroleum.com.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors effecting the Company's operations, markets, products and prices and other factors discussed in the Company's various filings with the Securities and Exchange Commission.
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Sold my FDEI at .90 for a small loss. FDEI still looked like a great stock, but it may not be untill March or longer before the public comment period on their pipeline proposal is finished plus for them to complete the pipeline. Once that happens the price of their stock will rock. Normally I would have just waited, but CWPC has started to take off, average trading volume over 3 month period was 235 thousand, but then over 1 million shares traded and then over 3 million, which is about 10% of their float. It could be that insiders in the company or people in the know are buying shares and so I decided to swith to CWPC. I got in at .32 and bought 2,975 shares. Friday it closed at .47 and so my shares are now worth $1,398 Will see how they do next week. Am also keeping in mind that FDEI could start taking off when they start work on the last 177 feet of their pipeline that will allow them to start selling the gas from their gas well, plus they plan on drilling several more wells. So I might be jumping back into FDEI, depending on how CWPC is doing and how the price of FDEI is doing. Anyway, so far I have about a 40% profit for the year.
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RWLNE is getting 2.7 million dollars for 70,100 SunBlazers that use solar energy to charge cell phones and since there are multiple millions of cell phones in America plus world wide, if they get only a small portion of the business, it could bring in millions of dollars to the company. Plus their charging technology can be used on other types of electronic equipment. And as far as I could find out, they are the first to come up with a more efficient way of solar charging equipment. And if people like what they have, their profits could grow and grow and if so, then I am guessing that in a few years, possibly shorter, or longer, that their share price could eventually be in the multiple dollar range. If you divide $2,700,000 by 70,100 SunBlazers, it means that each SunBlazer costs $38.52 which is quite a bit and so they might not sell many at that price. However, their costs might come down and if so, then they can lower their price and still make a profit. Their product uses solar power to trickle charge or supplement the power sources of electronic equipment and if it can be used on more expensive equipment such as portable computers, then this could be a real money maker because people would be thrilled to increase the user time of their PC. But their product might not sell and in that case the price of the stock won't go anywhere. But I love the reward/risk ratio: If the price of the stock does take off and reach the $2 level or even higher, then anyone who gets in at the present .002 price would be a millionaire because $1,000 would then be worth $1,000,000.
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Now that their price has dropped to .0017, you could make $1,176,470.50 from that $1000 IF it hits $2. But if you wait a bit longer, you could get $2M once it gets down to 0.001!
-------------------- May your trading build your character as well as your portfolio. Posts: 1763 | Registered: Jan 2005
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I may have gotten in a wee bit early. I have a habit of doing that. In a lot of stocks, they move up on good news that is pending, such as future increased sales, but then drift back down close to where they were until results actulally start to show up. However, if it was something fundamental that will benifit them over the long term, then they start a more sustained advance as their profits improve. This seems to be one of those cases. I thought that with their greatly improved prospects, that it was starting to take off, and would keep going up without backing off. Well I guess some one let the air out of my tire. However, even a I write this, it has surged upward .0001 to .0016. Hmmm, still below your .0017. Oh well, since it seems like a real turnaround stock, I will hold on. (I have this in my regular account.) In my 1,000-100,000 account, I have CWPC. .... That's wierd, I was typing and all of a sudden it said "Thanks for posting." and then posted this. I was going to add that CWPC is still above where I bought it.
Posts: 580 | Registered: Oct 2003
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ANY one have thoughts on Tryia. I would love to here thoughts on charts, earnings, etc.. etc.. Any info would help. I have been researching this company for over 3 months. I like it obviously, hence the name. But, before I contemplate buying I would love more input. Could this be a $100,000 stock????????
-------------------- Tom Jones Posts: 14 | From: Jacksonville Gl | Registered: Feb 2005
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Will you also look at amds. Down from .60 why old why. Ceo says over $2.00 this year
-------------------- Amazing how much time we spend looking for the truth but never spend the time to get to the point. Posts: 1164 | From: KANSAS CITY | Registered: Aug 2003
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