posted
The daily splits list is out and BTSI is not on it yet today! They do however update the list late in the day, so it could still post after hours!
-------------------- Nothing moves a sub like news!!! Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003
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NOTICE IS HEREBY GIVEN that the following action was taken pursuant to a Written Consent of the Majority Stockholders of the Company:
(1) Our Articles of Incorporation was amended to change our name to Nord Oil International, Inc.; and
(2) We effected a 1-for-12 reverse stock split of our issued and outstanding Common Stock.
The Board of Directors has fixed the close of business on August 29, 2005, as the Record Date for determining the Stockholders entitled to Notice of the foregoing.
The Company has asked brokers and other custodians, nominees and fiduciaries to forward this Information Statement to the beneficial owners of the Common Stock held of record by such persons and will reimburse such persons for out-of-pocket expenses incurred in forwarding such material.
THIS IS NOT A NOTICE OF A MEETING OF STOCKHOLDERS AND NO STOCKHOLDERS' MEETING WILL BE HELD TO CONSIDER ANY MATTER DESCRIBED HEREIN.
Shareholders of record at the close of business on August 18, 2005, the Record Date, are entitled to notice of the action to be effective on or about September 19, 2005. Each share of our common stock entitles its holder to one vote on each matter submitted to the shareholders. However, because the shareholders holding at least a majority of the voting rights of all outstanding shares of capital stock as of the Record Date have voted in favor of the foregoing actions by resolution; and having sufficient voting power to approve such proposals through their ownership of the capital stock, no other consents will be solicited in connection with this Information Statement.
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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posted
This was in the Sept 19 Press Release The company also announced that the website http://www.nordoil.com will be officially launched on September 28, 2005. The company also planned to be fully reporting by no later than October 15, 2005 and expects the reverse split and name change to occur on or before September 28, 2005.
Posts: 26 | Registered: Sep 2005
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posted
hi every body i wish i could be here in the days this is sure an exciting time i did pick up some more shares today as far as i can see unless we here some different news tomorrow is the day we are nord i heard that mr amoyt got back from moscow today that was from r/b so maybe a good pr tomorrow glta
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
high i hope we get a couple of more days and things don't happen until 10/01/05 or even a little later as far as i can see i need more shares at thes prices
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
At least better than GM.... _______________________________ GM posts 2Q loss, misses Wall Street forecasts July 20, 2005, 10:38 AM DETROIT (AP) -- General Motors Corp. said Wednesday it lost $286 million in the second quarter, dragged down by a $1 billion-plus loss at its North American automotive operations, and it missed Wall Street's earnings forecast by a large margin.
Posts: 798 | Registered: Jun 2004
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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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quote:Originally posted by stockvaper: At least better than GM.... _______________________________ GM posts 2Q loss, misses Wall Street forecasts July 20, 2005, 10:38 AM DETROIT (AP) -- General Motors Corp. said Wednesday it lost $286 million in the second quarter, dragged down by a $1 billion-plus loss at its North American automotive operations, and it missed Wall Street's earnings forecast by a large margin.
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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posted
interesting release today about russian oil/mergers...something like that might happen to Nordoil as well....appreantly no shortage of suitors for Russian Oil companies...
______________________________________________ LONDON (MarketWatch) -- Kazakh oil and gas producer Nelson Resources Ltd. on Friday said it's considering a $2 billion cash offer from Russia's largest oil producer, Lukoil. MARKETWATCH TOP NEWS U.S. stocks turn mixed as third quarter winds down Dow industrials set for first September gain in 7 years U.S. income hit by Katrina in August Machinists back to work at Boeing; slim gain for shares Oil futures fall under $66; natural gas slips 2% Free! Sign up here to receive our Midday Market Report e-Newsletter! TRADING CENTER
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Toronto- and London-listed Nelson (CA:NLG: news, chart, profile) (UK:NLG: news, chart, profile) , an oil exploration and production company with operations in the Republic of Kazakhstan, said it has formed a committee to review the C$2.57 a share proposal. Nelson added that both parties have agreed to negotiate definitive agreements by Oct. 12.
The price offered by Lukoil (LUKOY: news, chart, profile) (UK:LKOB: news, chart, profile) is 13% lower than Nelson's closing price of C$2.96 on Thursday. Nelson shares slid 7% in London.
The offer comes on the heels of Russian gas group Gazprom's deal to buy oil group Sibneft for $13.1 billion.
Nelson said that the committee is particularly focused on insuring that an offer is made for 100% of Nelson shares. Nelson's principal shareholders hold 57% of the company.
Lukoil, which is 14.5%-owned by ConocoPhillips (COP: news, chart, profile) , is trying to expand beyond Russia to escape a rising tax burden there.
As part of a drive to grow its reserves, Lukoil is also in talks to buy half of the Kazakh oil venture it has with the China National Petroleum Corp.
Lukoil is also one of three serious contenders for the acquisition of Yukos' stake in Lithuanian producer Mazeiku Nafta, along with TNK-BP and Austrian Baltic Holding.
Earlier this month, Nelson said it remains confident it will meet its 2005 guideline production guidance of 32,531 barrels a day on ramped-up drilling activities in the second half of the year.
Looking ahead to 2006, BMO Nesbitt Burn said in a note to clients that it sees growth at the Alibekmola and North Buzachi fields to underpin production, which is expected to average 45,348 barrels a day.
Still, higher taxes could take a toll.
"Although Nelson stands to benefit from a currently robust crude oil price environment, excess profit taxes may very well be incurred in 2006, thereby resulting in a higher than expected effective tax rate and effectively truncating profitability upside," the broker said
Posts: 60 | From: Grungteb | Registered: Sep 2005
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posted
NORD OIL WHERE ARE YOU? SOME NEW INFO WOULD BE APPROPRIATE FROM OUR COMRADES. DAMN KREMLIN BEAUROCRACY.
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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posted
i guess somebody could call mr amoyt the phone number is on the nord web site
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
I'm considering calling. I suppose multiple calls are better than single ones. No explanation seems odd, but I guess they are adhering to the penny stock mentality.
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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posted
i don't understand why this is taking so long... stocks are splitting all around us but here we sit. maybe its taking longer because they want to go the the nasdaq or amex instead of just otc. that would be a kick wouldn't it?
Posts: 35 | Registered: Aug 2005
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posted
the have always been behind schedule (see the month it took with the website) but they have always followed through...but calling would be a good idea to calm everyone down...
Posts: 60 | From: Grungteb | Registered: Sep 2005
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posted
I just called Nord. A lady answered the phine in french. I asked her if la fles le petit bouguw. She said No. just kidding. She said she speaks english and connected me with Amoyt. Got a recording that he is unavailable today. Leave a message. I hung up. Thats the name of that tune. 59 cents a minute to call Quebec on my plan. There should be news soon. Nord said they were going to do something by the 15th of Oct.
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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posted
I called and left a message... can't hurt. Plus, I didn't use any high-school french so I'm sure he'll understand my message!
Posts: 35 | Registered: Aug 2005
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