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How about AMHD. I bought last week at .004 sold at .0065. Just bought back in again today at.004 again looking for that .006 or higher next PR.
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Ms. Tierstima 116,666,550 Mr. Pinedo 116,666,550 Schroder Divad 16,666,650 Jeffrey Fanning 32,333,301 Allen Boyarsky 32,583,300
Total Insider 314,916,351 Total Outstanding 323,520,011
Float 8,603,660 <---Very Small Float
I am liking what I see here. This is what I am talking about. Finding the stocks that haven't taken off hundreds of percent and are retracing. This is the ground floor, and I am getting some tomorrow. I see tons of support at .01.
Low Float. Nice chart. Natural Gas and Crude. did you also read in the last PR that they are coming out with a proven reserve report. The last 2 quarterly reports show Zero Proven bbls and then 567k proven bbls, and they are getting more leases.
I see some potential here.
Thanks for the tip granny and some good DD to back it up.
-------------------- Know why it is so windy in Oklahoma? 'cause Texas sucks and Kansas blows!
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Pilgrim Petroleum Announces Update on Operations Friday September 16, 9:47 am ET
Also, the company is currently preparing its "reserve report" for the third fiscal quarter of 2005, and expects to report results on or before Oct 31, 2005
-------------------- Know why it is so windy in Oklahoma? 'cause Texas sucks and Kansas blows!
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Jul 28, 2005 Wysak Petroleum (WYSK) announces the purchase of an additional Powder River Basin Federal Oil & Gas Lease.
- This Basin has an estimated at 31.8 trillion cubic feet of natural gas. Nearly 100 wells are being drilled each week, and estimates for a fully developed basin are at nearly 100,000 wells. This is the largest onshore natural gas play in North America within the last ten years.
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Streicher Mobile Fueling Inc completes acquisition of H & W Petroleum for approx. USD6.3m 10/7/2005
Oct 07, 2005 (M2 EQUITYBITES via COMTEX) -- Streicher Mobile Fueling Inc (NASDAQ: FUEL and FUELW), a provider of petroleum product distribution services, transportation logistics and emergency response services, announced on Thursday (6 October) that it has completed the acquisition of H & W Petroleum Company Inc, a Texas-based marketer and distributor of lubricants, fuels and petroleum products. The acquisition closed on 1 October 2005.
Immediately prior to the closing of the acquisition H & W purchased the operating assets and limited inventory of a related company, Harkrider Distributing Company Inc.
Streicher acquired all of the capital stock of H & W and substantially all of the operating assets, inventory, accounts receivable and related business of Harkrider.
The original purchase price was approximately USD6.3m, which was adjusted to USD5.964m at closing by working capital and other closing adjustments, and was paid with a combination of cash, the assumption of specified liabilities and the issuance of USD2.463m of contingent two-year 10% deferred payment promissory notes. These notes are subject to an earn-out provision based on the performance of H & W after the acquisition.
In connection with the acquisition the company amended its credit facility, increasing it to USD20m, obtaining more favourable terms and extending the maturity to 26 September 2007.
Streicher also issued USD3.0m in 10% five-year redeemable senior secured notes with a two year moratorium on principal payments, which it had previously announced. A portion of the proceeds of these notes was used by the company to fund approximately USD1.5m of the purchase price paid in cash for the acquisition. The company also issued 360,000 four-year warrants to purchase shares of common stock at USD2.28 per share in connection with the financing.
Streicher said that with the acquisition of H & W it would become a dominant player in the lubricants, solvents and chemical distribution industry.
Comments on this story may be sent to admin*m2.com
-------------------- Trading is a blast!!
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Transworld Oil and Gas Ltd. Announces Acquisition of Twenty Percent Net Interest in Private Oil Producer 08:01 a.m. 10/07/2005 Provided By Market Wire
HOUSTON, TX, Oct 07, 2005 (MARKET WIRE via COMTEX) -- Transworld Oil and Gas Ltd. (TWOG) announced today that it has acquired a 20% net interest in a joint venture that has 175 million barrels of proven oil reserves along with an estimated 1.8 billion cubic meters of gas reserves. Estimated bed depth of hydrocarbons on the 54,093 square kilometer property is 350 - 520 m below the surface.
Production is expected to be increased from present levels to a projected 1,000,000 barrels per month and further exploration will take place to delineate total unproven reserves. The company has negotiated a direct interest, rather than an indirect interest via an equity interest, which it believes to be most beneficial to its shareholders. Transworld's interest will be net of all additional costs of exploration.
About Transworld Oil and Gas Ltd.
Transworld Oil and Gas Ltd. intends to become a worldwide company specializing in the extraction and production of oil and gas. The company's vision is to establish and enhance the company's foundation for future growth by developing properties that provide a balance between short and long-term reserves in both the oil and natural gas markets. Oil and gas related activities will include acquiring additional properties with potential for development and drilling. The company will work to establish and maintain a significant inventory of undeveloped prospects. The company's emphasis is on production, cash flow and reserve value by exploring for, developing, and purchasing oil and gas properties worldwide.
Safe Harbor Statement
This press release includes forward-looking statements which involve known and unknown risks and uncertainties which may cause the Company's actual results in future periods to differ materially from forecasted results. Forward-looking statements above are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including, without limitation, competition, intellectual property rights, litigation, needs of liquidity, and other risks detailed from time to time in the company's reports filed with the SEC. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to, continued acceptance of the company's products and services, competition, new products and technological changes, as well as any and all "other risks" associated with business.
Franklin Oil & Gas, a Division of Franklin Mining, Inc., Forms Association With the Shaw Group Oct 5, 2005 8:05:00 PM LAS VEGAS, NV -- (MARKET WIRE) -- 10/05/05 -- Franklin Mining, Inc. (OTC: FMNJ), Franklin Oil & Gas (a division of Franklin Mining, Inc.) is proud to announce that the Shaw Group and Franklin Oil & Gas has teamed up.
The Shaw Group Inc. (SGR) is a leading global provider of technology, engineering, procurement, construction, maintenance, fabrication, manufacturing, consulting, remediation, and facilities management services for government and private sector clients in the energy, chemical, environmental, infrastructure and emergency response markets. Headquartered in Baton Rouge, Louisiana, with over $3 billion in annual revenues, Shaw employs approximately 20,000 people at its offices and operations in North America, South America, Europe, the Middle East and the Asia-Pacific region. For further information, please visit Shaw's website at www.shawgrp.com.
This association gives Franklin Oil & Gas the technical, operational and financial ability to reconfirm the offer of the joint venture with Y.P.F.B., the national oil company of Bolivia.
Franklin Mining, Inc. released and posted it's unaudited financial statements for 2004 on our website, www.franklinmining.com.
DISCLOSURES:
About Bolivia:
Bolivia is a land locked country in South America and is believed to have 2nd largest gas reserves in South America. Bolivia is about to go into elections in December and has suffered from Political unrest and nationwide diesel shortages in 2005. Mexico is currently trying to sign gas contracts with Bolivia.
About Franklin Mining, Inc.:
Franklin Mining, Inc. had a complete change of Management and Board of Directors in 2003. Since then Franklin Mining has expanded to Colombia and Bolivia as well as to start operations for Gold mining in Bolivia in 2004. Franklin Oil & Gas was formed in 2004 as a division of Franklin Mining, Inc.
The Shaw Group Inc. is a leading global provider of technology, engineering, procurement, construction, maintenance, fabrication, manufacturing, consulting, remediation, and facilities management services for government and private sector clients in the energy, chemical, environmental, infrastructure and emergency response markets. Headquartered in Baton Rouge, Louisiana, with over $3 billion in annual revenues, Shaw employs approximately 20,000 people at its offices and operations in North America, South America, Europe, the Middle East and the Asia-Pacific region. The Company was recently named to Fortune magazine's annual list of "America's Most Admired Companies" for the second consecutive year. For further information, please visit Shaw's website at www.shawgrp.com.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements that are subject to risk and uncertainties, including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk and other risks detailed from time to time in Franklin Mining, Inc.'s filings with the Securities and Exchange Commission. These risks could cause Franklin Mining, Inc.'s actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, Franklin Mining, Inc.
Contact: Steve Starvie Franklin Mining, Inc. 813-817-2323
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I thought something was up... this is sweet news. I do like this PGPM that Stock Granny brought forward. I am getting some with my TWOG profits a little later! They need to tighten up the spread a little and it too will go!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)
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CKEI is a good look for a mid range gain. Affordable fuel oil and with winter coming on, their customer base is growing, this will be their big revenue season coming up. Also, if you listen to the farmer's almanac, they are predicting an unusally cold winter this season for the North East, which is where they are based.
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Franklin Mining, Inc. Comments on Possible Joint Venture With Y.P.F.B. Oct 7, 2005 9:30:00 AM LAS VEGAS, NV -- (MARKET WIRE) -- 10/07/05 -- Franklin Mining, Inc. (OTC: FMNJ)
Last September we offered a joint venture to Y.P.F.B., we had a positive reply from the President of Y.P.F.B. at that time. We then traveled to Bolivia in November to start the ground work for a possible M.O.U. between Y.P.F.B. and Franklin Oil & Gas. Our offer was to install a total capacity of about 4 BCF. This was to be done in conjunction with Y.P.F.B. and the installation of the gas processing plants was to parallel the growth of the gas business in Bolivia, the marketing of the products from the plants would be marketed jointly. We estimate that these Gas Processing plants would represent an investment of about 300 million USD. The association with the Shaw Group on the New York Stock Exchange gives Franklin Oil & Gas the ability and technical expertise to make this a reality. The President and C.E.O. of Franklin Mining, Inc. will be traveling to Bolivia in late October.
DISCLOSURES:
About Bolivia:
Bolivia is believed to have the 2nd largest gas reserves in South America. Bolivia is about to go into elections in December and has suffered from Political unrest and nationwide diesel shortages in 2005. Mexico is currently trying to sign gas contracts with Bolivia.
About Franklin Mining, Inc.:
Franklin Mining, Inc. had a complete change of Management and Board of Directors in 2003. Since then Franklin Mining has expanded to Colombia and Bolivia as well as to start operations for Gold mining in Bolivia in 2004. Franklin Oil & Gas was formed in 2004 as a division of Franklin Mining, Inc.
The Shaw Group Inc. is a leading global provider of technology, engineering, procurement, construction, maintenance, fabrication, manufacturing, consulting, remediation, and facilities management services for government and private sector clients in the energy, chemical, environmental, infrastructure and emergency response markets. Headquartered in Baton Rouge, Louisiana, with over $3 billion in annual revenues, Shaw employs approximately 20,000 people at its offices and operations in North America, South America, Europe, the Middle East and the Asia-Pacific region. The Company was recently named to Fortune magazine's annual list of "America's Most Admired Companies" for the second consecutive year. For further information, please visit Shaw's website at www.shawgrp.com.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements that are subject to risk and uncertainties, including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk and other risks detailed from time to time in Franklin Mining, Inc.'s filings with the Securities and Exchange Commission. These risks could cause Franklin Mining Inc.'s actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, Franklin Mining, Inc.