posted
If all of this goes through by the end of the month, BFWH is offering a minimum of .085 for each share of TWOG... shares of TWOG are going for .009 as of today. Does this seem like a no brainer?
BDW Holdings Announces Anticipated Purchase Completion of Transworld Oil & Gas 1/20/2006
ORLANDO, FL, Jan 20, 2006 (MARKET WIRE via COMTEX) -- BDW Holdings, Ltd. (OTC: BDWH) announced today that it anticipates the completion of the purchase of all the outstanding shares of Transworld Oil & Gas (OTC: TWOG), for stock of BDW Holdings, Ltd., by the end of February. The company also plans to be operating under its new proposed name of International Energy Ltd. once the purchase is completed.
After the purchase of Transworld Oil & Gas, the new International Energy Ltd. intends to become a reporting issuer and list on a higher exchange, not only in the US, but will also seek listings overseas.
About BDW Holdings, Ltd.
BDW Holdings, 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 emphasis is on production, cash flow and reserve value, which will be attained by exploring for, developing, and purchasing oil and gas properties worldwide.
Safe Harbor Statement
The preceding 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. Any 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.
posted
Transworld Oil and Gas Ltd. Announces Completion of Negotiations for the Acquisition of 100% of TWOG 12/9/2005
HOUSTON, TX, Dec 09, 2005 (MARKET WIRE via COMTEX) -- Transworld Oil and Gas Ltd. (OTC: TWOG) announced today that it has completed negotiations for the share acquisition of all shares of TWOG. Shareholders will receive shares in the new company with a minimum value of $0.085 per twog share.
Management is recommending acceptance of this offer and mailings will be sent to shareholders shortly to provide the opportunity to vote on this deal. Management anticipates the completion of this offer prior to the end of February 2006.
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 emphasis is on production, cash flow and reserve value by exploring for, developing, and purchasing oil and gas properties worldwide.
Safe Harbor Statement
The preceding 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.
posted
i think wallymac has a good question are these going to be restricted shares???
i dont remember reading anything about that,, but u never know,,,,,,,,
-------------------- Sometimes its easier to beg for forgiveness than ask for permission. Posts: 234 | From: pa USA | Registered: Nov 2004
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posted
There is no indication that this is a dud at this point. This merger is not suppose to go through till the end of the month. Interesting though is the large amount of volume on BDWH and the PPS. I think that some investors are guessing that the time is close, it will be interesting to watch the action on BDWH.
Posts: 3875 | From: ca. | Registered: Jul 2005
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BDW plans to consolidate its present shares on a one-for-one-hundred basis and purchase all the outstanding shares of TWOG for the equivalent of $0.085 per TWOG share, in new shares of what will be International Energy Ltd
Does that not indicate reverse first??
Please let me know, I am looking a this too...
Posts: 793 | Registered: Aug 2004
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posted
Iwishihad, is there a specific day when all the merger/splits, symbol changes, etc. are done? Is it later this month? I own BDWH, and it's down 99% from .08 (12/19/05) two months ago to .0008 today! Fortunately, I got in a lot cheaper than that, but this thing has been selling off ever since then. When is the new energy company that trades on a "higher exchange" supposed to be formed? I don't understand why TWOG isn't taking off either. One of the two should be skyrocketing by now. You'd think. Posts: 344 | From: Berkeley, CA | Registered: Sep 2005
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They have not set a exact date for the merger its is set for end of FEB.. I am wondering if they will just close the deal now and not give any more PR's. Investor's might wait until after the close to see where the stock goes, hard to say. The end of this week and early next week should tell the story on TWOG. I have no problem holding TWOG to wait until after the merger, I just hope their PR is correct the way they stated it without anything between the lines, there is always a little gamble( sometimes big) on companies PR's. I think after the merger they might give investors more details on going to a higher exchange. It will be fun to see where this thing goes after the merger, I am curious where they will set the price of the new company and what the actual O/S shares will be after the merger?
Posts: 3875 | From: ca. | Registered: Jul 2005
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The R/S for BDWH and the .085 share value price for TWOG are all to take place at the time of the merger, the way I interpret the PR.
Posts: 3875 | From: ca. | Registered: Jul 2005
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posted
IS TWOG GOING TO DO ANY KIND OF SPLIT,, I THOUGHT I READ SOMEWHERE THAT TWOG WAS SPLITTING AS WELL,,,,,, ANY TRUTH TO THIS????
-------------------- Sometimes its easier to beg for forgiveness than ask for permission. Posts: 234 | From: pa USA | Registered: Nov 2004
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posted
HOUSTON, TX, Dec 09, 2005 (MARKET WIRE via COMTEX) -- Transworld Oil and Gas Ltd. (OTC: TWOG) announced today that it has completed negotiations for the share acquisition of all shares of TWOG. Shareholders will receive shares in the new company with a minimum value of $0.085 per twog share.
Reidler88
It will be a forward split for TWOG as per their PR.
Posts: 3875 | From: ca. | Registered: Jul 2005
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posted
I'm in twog and have to say that if you read all of the pr's, they state that the 1 - 100 share r/s is for bdwh and twog stock will be * .085 at the end of feb. currently twog is * .009 -- even if it's half true it really is a great deal - I can't understand why everyone wouldn't want a least alittle of this other than it does seem to good to be true - if anyone has any other info please share.
Posts: 230 | From: florida | Registered: Feb 2006
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posted
I am holding out for paydirt myself. Still find it hard to believe though. For simplicity sake, if I understand it correctly. Say you buy 100,000 shares of TWOG at .0085 ($850.00)and the price is at .0085 when all this happens. You get .085 for each of your 100,000 shares and the $850.00 you invested at .0085 becomes $8,500.00 at the .085 PPS in the new company.
I only have 30,000 shares that I did buy awhile ago at .0085 I am only holding on to turn my $255.00 into $2,550.00
If they are misleading us and don't come through on this by the end of Feb. OOOOOO am I gonna be mad.
Posts: 144 | From: Minnesota | Registered: Jan 2006
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posted
I still haven't been able to find an answer to my question.
If we get stock in the new company that is restricted. If that is the case then we won't be able to trade those shares for a period of time and the eventual value would be dependant upon how well the new company does. Other than that it seems to be a no brainer.
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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posted
I presume we wouldn't be able to sell so that the stock price doesn't plumet as thousands of people dump. I'm curious what the time period is though, 3 months?
-------------------- Well done is better than well said. Ben Franklin Posts: 718 | From: Bay Area, CA | Registered: Aug 2005
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posted
What I based my decision to buy TWOG on was the prices of the two stocks around the time of the first PR. I just looked back again and it looks like the chart on BDWH indicates it was trading between $.02-.04 Gohigh had stated that it was $.08 on 12/19/05. TWOG was between .009-.012 and as high as .019 around these dates. So I thought that a merger should increase their value considerably, but investors will decide that.
Posts: 3875 | From: ca. | Registered: Jul 2005
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posted
Just remember its gonna take possibly a week or more for the new company to be tradeable, so if you plan on selling immediately after it takes place, it's not gonna happen. This and you gotta wonder if the shares will be restricted or not. Anybody call and ask on this yet?
Posts: 1097 | Registered: Jun 2005
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posted
I am looking for good things from this. All of the PR from both companies on this buyout is pointing in the right direction. At this price you are going to make a gain no matter what. The great thing is that you won't be able to sell right off the bat, so that will give new investors the chance to buy up shares and take it higher which will be goof for us in the end.
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