posted
Well, we are at the mid august point and any day now,as the BTSI execs have said, they will have the web site up and the 12/1 reverse split done, as well as moving to the OTCBB sometimes after. After that's done, look out...!!! This thing is going to do some moving!
-------------------- GSUS - Eternal 100 Bagger! HCPC - my favorite potential into December
IP: Logged |
posted
i spoke with mr amoyt today he said there is a delay on the web site but they are fileing for the stock exchange tomorrow morning and he will be going himself to russia 2nd week in sept to look at additional oil lease property and anybody can give him a call anytime 514-448-6710 press 1 for english and to be transfered to his desk. the web site should be up no later than sept 1 that is what he was told
IP: Logged |
posted
This is going to be a very interesting month for this stock. With reserves, OTCBB listing and r/s, this will be one heck of a ride. I think it will be worth it. Come on Sept 1st.
-------------------- speak from your heart, invest from experience...
IP: Logged |
posted
Greetings fellow longs! In my endless pursuit of DD I came across some of my own DD posted here...So I have joined Allstocks and will try to drop by more often. Thank you bond for your update today...I am very busy lately and will not have too much time for extra DD this week...but I am looking forward to and will try to find out when the RSM Top Audit will now be filed. It was to be completed this past Friday and contain 'additional property' not previously disclosed. Regardless of 'what' that may be...it's a bonus
IP: Logged |
posted
i was surfing late and i saw your name on a post welcome aboard 2create nice to have you on our post we sure do like all your good dd i am glad you are hear
IP: Logged |
Bio-Tracking/ Nord Oil International Inc. Provides Corporate Update - PrimeZone
MONTREAL, Aug 18, 2005 (PRIMEZONE via COMTEX) -- Bio-Tracking Security Inc./ Nord Oil International Inc. (Pink Sheets:BTSI) released a corporate update today, further to the numerous telephone and e-mail inquiries received by stockholders and investors.
Status of the Acquisition of Nord Oil
The acquisition of Nord Oil was concluded and announced on June 23, 2005. The transaction consists of the acquisition of 100% of Nord Oil and all subsidiaries, including but not limited to the oil option rights on the samara properties licenses of Yemelyanov and Khelbnov, which have a total of 15 million barrels in proven reserves and 33 million in probable reserves, and where such acquisition will be done on a share exchange basis. BTSI will issue a total of 180 million shares post a reverse stock split of 1 for 12.
BTSI currently has 342 million shares outstanding, which will result in approximately 28.5 million shares post reverse stock split and once the shares issued for the acquisition as well as the finders fee, Nord Oil International will have a total of approximately 216 million shares outstanding.
The transaction and the shares are deemed to have been concluded and issued, where the company will now proceed to file the required 14c form with the Securities and Exchange Commission to perform the reverse stock split of 1 for 12, change the name from Bio-Tracking Security Inc. to Nord Oil International Inc. and change the ticker symbol.
Bio-Tracking/ Nord Oil International Inc. is currently concluding the consolidated financial statements with RSM Top-Audit of Moscow, Russia, and will be filing any and all required financials and or information required by the Securities and Exchange Commission and the NASD in order to be current and reinstated to the OTCBB, or if requirement can be met, the company will request to trade on the AMEX or NASDAQ SCM.
The company announced on June 24, 2005 that it was planning to have its corporate website available with any and all information on the company and its properties by middle of August. However, even though the corporate website's URL is available www.nordoil.com, management have not been able to launch the website as planned due to the amount of technical translation required from Russian to English. The company's new objective is to complete all required filings and launch its corporate website by or before October 1, 2005.
Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
SOURCE: Bio-Tracking Security, Inc.
Bio-Tracking Security Inc. Jean-Francois Amyot, President C/O Finkelstein Capital Inc. Tel. 514-448-6710 Fax. 514-448-6712 jfamyot@finkelsteincapital.com www.finkelsteincapital.com
Great West Oil and Gas Inc. Dr. Nicolas Matossian, President Tel. 514-397-2683 www.nordoil.com
IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Wink]](wink.gif)
