posted
Purl, could mean many things as it has been dead for a while now. Maybe they are coming close to another acquisition... or maybe they are closing in on their biodiesel deal they have mentioned. Take a look at their filings, and past news they have had...
This is a Loss Leader Fraud being perpetrated by one or more persons. I am not writing the company is involved nor am I writing the company is not involved.
A Loss Leader Fraud is a series of buys at increasing share prices to falsely present a perception of a run up. This fraud attempt will flop, completely.
Management is formulating the basis for acquisitions to complete its previously announced business plan. Additional opportunities have arisen that may allow the Company to expand the scope of business operations and more readily allow it to acquire the capital it requires. No actual operations other than these have been performed and none are anticipated until mid 2006."
IP: Logged |
posted
Nice start on this imo. yes clear, there is a lot of information inside the 10q/k's that isn't out in PR's.
Low emission and renewable energy sources are the way of the future, we just can't keep relying on oil and gas and other people controlling the production and prices.
-------------------- FurrySound -DD-GLTA-Unless I've quoted a source, I know not what I speak of. YahooIM=FurrySound
IP: Logged |
posted
NET SALES $ -- NET INCOME (LOSS) $ (1,146,353)
There were no revenues for the three and nine months ended January 31, 2006 or the three and nine months ended January 31, 2005.
During the three months ended January 31, 2006, the Company's working capital decreased. This was due to lack of revenue and the payment of certain expenses, interest and debt. The Company does not currently have sufficient capital in its accounts, nor sufficient firm commitments for capital to assure its ability to meet its current obligations or to continue its planned operations.
The Company does not have the capital to totally fund the obligations that have matured to any of its creditors and shareholders.
The Company has a net loss from operations of $822,354, and negative working capital of $691,066, and a stockholders' deficit of $337,984 at January 31, 2006. These matters raise substantial doubt about its ability to continue as a going concern.
posted
"Management is formulating the basis for acquisitions to complete its previously announced business plan."
....
"Valley Production, Inc. has an extensive list of producing properties from which to choose a portfolio of 12 to 15 long term assets, including a number of so-called ``whales.''"
posted
Looking great furry... going to be a fun ride... Thats over 100% at high from post purl, but we'll give you the benefit of the doubt with low volume... See you around 3 bucks hun
IP: Logged |
Item 8.01 Other Events and Regulation FD Disclosure.
On June 29, 2006 the Board of Directors and the holders of a majority of the outstanding capital stock of Vision Energy Group, Inc. ("the Company") adopted and consented to a resolution, effective July 7, 2006, by which each issued and outstanding share of Common Stock of the Company shall be changed to and converted into two (2) shares of Common Stock.
The Company presently has 11,537,486 shares of common stock issued and outstanding.
IP: Logged |