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Man did I get F****** over on this one.... these guys are *******s!!!! Got in at a penny... reverse stock split 100/1 no trading yesterday and it shows a close of $1.10 which would have let me out scott free, but then they opened this morning at .001 These mother F******** gave me the shaft. Give me 2 mins in a room with these clowns.... So what do I do boys.... hold out hope for the best or pack it in?
Posts: 181 | From: Alberta, Canada | Registered: Oct 2005
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Tekoil & Gas Corporation Announces Completion of Acquisition Share Restructuring Friday October 14, 8:30 am ET THE WOODLANDS, TX--(MARKET WIRE)--Oct 14, 2005 -- Tekoil & Gas Corporation f/k/a Pexcon, Inc. (Other OTC:TKGN.PK - News) (the "Corporation"), an oil and gas exploration and production company, is announcing the completion of a one to one hundred (1-100) Reverse Stock Split of all of the outstanding common stock of the Corporation effective as of today. Additionally, the Corporation is announcing that the Corporation's new Pink Sheets stock ticker symbol is TKGN....
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Just write it off.....put it on the back burner, and hope you can get something out of it in a few months....
Make up your mind as to the extent of loss you're willing to take, out in a GTC limit order and wait it out.
Good Luck
-------------------- I'm not going to comment further, as I refuse to get into a battle of wits with an unarmed person.... Posts: 546 | From: Columbus | Registered: Aug 2005
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October 14, 2005 - 9:00 AM EDT TKGN 0.001 -0.999
Today 5d 1m 3m 1y 5y 10y
Tekoil & Gas Corporation Announces A Personal Note From Our CEO to Our Shareholders From Mark Western, Chairman & CEO of Tekoil and Gas Corporation (OTC: TKGN).
Looking forward 5 years, it would be good to say that we all had the vision, patience and fortitude to go the distance. That is true for millions of entrepreneurs and investors involved in corporate success stories from around the globe. Some Tekoil shareholders reading this message will find themselves in that fortunate position in five years, and some will not. How will Tekoil's future success story end for you?
Building a successful enterprise requires timing, patience, adequate funding, and a capable and dedicated management team, and it also requires that you move forward with specific intent and direction. We are building a serious company in a methodical manner, with what has become through dedication and patience, a world-class team of business and engineering professionals. As a fellow shareholder, I would encourage you to research the management and engineering teams running this company, and ask yourself; why are these people involved?, and what are their collective chances of success?
We are not a typical company, we are an exciting company, positioned in the right industry at the right time with the right opportunity. Our shareholders will remain informed through consistent communication. We encourage lateral thinking, and we welcome shareholder input, as evidenced by our monthly shareholder conference calls. In fact, this type of communication will soon be password protected on our website, so that our shareholders can communicate in a special forum, with live chat and regular input from management.
Oil and gas is not going away and neither are we. My commitment to you is that we will become that serious, early stage company that you have always wanted to invest in. Together with our legal counsel, I am working diligently on finalizing our funding arrangements for Eastern Canada, and I plan to have Tekoil listed on the OTC:BB by no later than March of 2006. My objective is then to have Tekoil listed on the Amex Exchange during 2007.
Unfortunately my time is very limited, but if you have a question that you feel can only be answered directly by me, please contact Mr. Eric Ottens via email, and I will endeavor to respond to your question within 48 hours. I wish you well in your investment choices, and encourage you to exercise patience so that you too can become part of Tekoil's success story.
About Tekoil & Gas Corporation:
Houston based Tekoil & Gas Corporation, is a technology driven, oil and gas exploration and Production Company that utilizes advanced production technologies. The company is focused on the development, acquisition, stimulation, rehabilitation, and asset improvement of small to medium-sized oil and gas fields throughout the North American Continent. The combination of energy fuel reserves and advanced yield technologies, are anticipated to generate value for Tekoil and its stakeholders, as the company targets above average growth in the 21st century energy sector. Additional news and information will be made available on the Tekoil website at www.tekoil.com, and through further press releases as acquisitions and development projects are executed.
Forward-Looking Statements:
This news release may contain certain forward-looking statements, including declarations regarding Tekoil and its subsidiaries' expectations, intentions, strategies and beliefs regarding the future within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements contained herein are based upon information available to Tekoil management as at the date hereof and actual results may vary based upon future events, both within and without the control of Tekoil management, including risks and uncertainties that could cause actual results to differ materially including, among other things, the impact that additional acquisitions may have on the company and its capital structure, exploration results, market conditions, oil and gas price volatility, uncertainties inherent in oil and gas production operations and estimating reserves, unexpected future capital expenditures, competition, governmental regulations and other factors.
Source: Market Wire (October 14, 2005 - 9:00 AM EDT)
-------------------- I'm not going to comment further, as I refuse to get into a battle of wits with an unarmed person.... Posts: 546 | From: Columbus | Registered: Aug 2005
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TKGN -- Tekoil & Gas Corp. Com ($0.000000001)(New)
Address: 25050 I-45 North Suite 525 The Woodlands, TX 77380 USA
Phone: 281-364-6950 Fax: 281-364-8007
Business Description: Oil and Gas Exploration and Development
State of Incorporation: DE Year of Incorporation 2002
Officers: Mark S. Western, Chairman, Pres, & CEO; Frank Clear, Dir. & COO; Gerald Goodman, Dir. & CFO; Richard Creitzman, Dir.; Eric Ottens, Executive VP
Fiscal Year End: April 30
Edgar Filing Status: Non EDGAR Filer
Outstanding Shares: 7,722,000 as of 2005-10-14
Estimated Market Cap: Not Available Authorized Shares: 800,000,000 as of 2005-07-20 Float: 71,120,000 as of 2005-04-30 Number of Shareholders of Record: 348 as of
Current Capital Change: shs decreased by 1 for 100 split Ex-Date: Record Date: Pay Date: 2005-10-14
Dividends:
Company Notes: Formerly=Glow Bench Systems International, Inc. until 12-04 Formerly=Pexcon, Inc. until 7-05
Transfer Agent: Holladay Stock Transfer, Scottsdale, AZ 85251
This is interesting, thaey have cahanged names 2 times in less than a year. I'm not sure about this one, got to do some more DD. I'll post when I find more. GLTA
-------------------- Time will give you what you want! Posts: 253 | From: Pennsylvania | Registered: May 2005
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quote:Originally posted by blazingnines: Man did I get F****** over on this one.... these guys are *******s!!!! Got in at a penny... reverse stock split 100/1 no trading yesterday and it shows a close of $1.10 which would have let me out scott free, but then they opened this morning at .001 These mother F******** gave me the shaft. Give me 2 mins in a room with these clowns.... So what do I do boys.... hold out hope for the best or pack it in?
they are a bunch of mother****ers
-------------------- gotta make a grand AT LEAST daily man Posts: 928 | From: chicago | Registered: Sep 2005
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