posted
Any interest left in this merger ? BDWH is up big today - 87.5%, surprising as it will r/s split . TWOG is up slightly to almost a penny. According to the pr's the merger should occur this month with TWOG shareholders getting .08 per share .
Posts: 167 | Registered: Dec 2005
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posted
Correction. BDWH is only up 12.5% at .0009! I'm still in. Supposedly they're going to merge and become International Energy Ltd., and then trade on a higher exchange. Should be very interesting.
Posts: 344 | From: Berkeley, CA | Registered: Sep 2005
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The float is very low, so the bid/ask spread is usually pretty wide. That's what I like about this one. Back to .0013.
Posts: 344 | From: Berkeley, CA | Registered: Sep 2005
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TWOG shares would be paid at 0.085 (9 times present value?) Well at least in paper. The first offer by BDWH at 0.03 per TWOG was rejected because it was too low.
The merge is planned before the end of the month.
Any idea why is TWOG still at 0.0009?
Once International Energy is created, should be even higher.
Posts: 297 | From: Dallas | Registered: Feb 2006
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posted
My opinion is that investors are not comfortable with the PR. and they are going to wait to see and jump in at the last minute, if there is a chance to do so. I think they have to file with the SEC. 5 days prior to the merger. Does anyone know if I am correct on this?
Posts: 3875 | From: ca. | Registered: Jul 2005
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Copy of the PR (old, but about to come true) -------------------------------------------
Press Release Source: Transworld Oil and Gas
Transworld Oil and Gas Ltd. Announces Completion of Negotiations for the Acquisition of 100% of TWOG Friday December 9, 4:51 pm ET
HOUSTON, TX--(MARKET WIRE)--Dec 9, 2005 -- Transworld Oil and Gas Ltd. (Other OTC:TWOG.PK - News) 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. ----------------------------------------------
Posts: 297 | From: Dallas | Registered: Feb 2006
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posted
No idea, but definitely above 0.085 for Interational Energy, difference will be BDWH's profit.
Posts: 297 | From: Dallas | Registered: Feb 2006
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posted
It could be large orders being filled as the shares become available because their AON orders arent getting filled. Just an idea.
Posts: 167 | Registered: Dec 2005
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BDW Holdings, Ltd. Announces Joint Venture Agreement With Private Oil Producer Thursday October 6, 8:00 am ET
ORLANDO, FL--(MARKET WIRE)--Oct 6, 2005 -- BDW Holdings, Ltd. (Other OTC:BDWH.PK - News), is pleased to announce that it has completed a joint venture with a private Russian oil producer. Through the joint venture, BDW holdings will acquire an equal share of estimated reserves of 175 million barrels of oil and not less the 1.8 billion cubic meters of gas. Estimated bed depth of hydrocarbons on the 54,093 square kilometer property is 350 - 520 meters below the surface.
Production will 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. All production at the present time is exported to China.
About BDW Holdings, Ltd.
BDW Holdings, Ltd. is a holding company involved in acquiring oil, gas and mineral properties. The company's focus is on overseas properties with its main focus on central Asia. BDW Holdings, Ltd. has reviewed the economic returns for the regions it operates in and believes that the hydrocarbon opportunities it has identified have the potential for high economic returns.
The company believes that security, gained through participating interest and equity ownership in both producing and non-producing fields, is essential for the company's future, and to meet the growing oil and gas demands required by the world's economic growth.
Posts: 297 | From: Dallas | Registered: Feb 2006
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posted
i am hoping the shares arent restricted,, that is what everyone seems to be worried about,,, and if they are,, how long until we could sell them,,,, end of february is upon us,,, lets all hope for the best,,,
-------------------- Sometimes its easier to beg for forgiveness than ask for permission. Posts: 234 | From: pa USA | Registered: Nov 2004
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posted
I don't think people are necesarily worried about restricted shares although anything is possible. I think it is a wait and watch, no one ever knows for sure about PR.'s in general and this one leaves some questions in my mind. But I did buy it and waiting to see. We might jump for joy or cry some tears, either way it should not be much longer.
Posts: 3875 | From: ca. | Registered: Jul 2005
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what could possible go wrong with this {iwishihad],, they said twog is to be bought out and given a price for it,,,, sounds simple enough,,,,,,,, although i know it wont be
-------------------- Sometimes its easier to beg for forgiveness than ask for permission. Posts: 234 | From: pa USA | Registered: Nov 2004
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posted
Hopefully nothing it looks good to me, but we are in penny land and I never count my pennies till they are in my piggy bank. That .085 or greater number is a question to me, you think that a share value would have been put in. It appears the amount of shares we get for TWOG is contingent on something, either O/S shares or the price of the stocks at time of merger or the new set price, just a guess.
Posts: 3875 | From: ca. | Registered: Jul 2005
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posted
So does anybody think we'll hear news this week about the completion?
Posts: 798 | From: Malverne, NY, United States | Registered: Jan 2004
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There's a PR very specific regarding dates. If they made it, is because they feel confident about them.
If they don't finish, at least I expect another PR with the new status. We should get something Monday or Tuesday.
-------------------------------------------------
BDW Holdings Announces Anticipated Purchase Completion of Transworld Oil & Gas Friday January 20, 9:00 am ET
ORLANDO, FL--(MARKET WIRE)--Jan 20, 2006 -- BDW Holdings, Ltd. (Other OTC:BDWH.PK - News) announced today that it anticipates the completion of the purchase of all the outstanding shares of Transworld Oil & Gas (Other OTC:TWOG.PK - News), 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.
Posts: 297 | From: Dallas | Registered: Feb 2006
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posted
Newbie on the block. Most definitely Trask, we should hear something tomorrow, I hope they do that deal.
Posts: 27 | From: Miami | Registered: Feb 2006
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posted
I am running away from TWOG as fast as my broker can execute the deal. I think its a scam just like MLON. I cant find a web site for either BDWH or TWOG. The only good thing is that TWOG isnt diluted like BDWH is.
Posts: 167 | Registered: Dec 2005
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I thought on one of your other posts you said you were going to wait until after the R/S- merger to buy in, I guess you changed your mind. It can always be a scam, but why not keep 2 scams working separately than one scam. There might be a good reason for it who knows. It's always a risk with the Pennies. So far I have not seen any ties to MLON on this one, but there are 5 or more stocks that are. The closer we get the more the questions, I think that is why investors have not jumped in, but it appears not many have got out of TWOG by the amount of volume. Good luck on your other investments.
Posts: 3875 | From: ca. | Registered: Jul 2005
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posted
I do not see where TWOG oil fields are located. The phone numbers givin are in Texas and the new number is in New York.
Posts: 3875 | From: ca. | Registered: Jul 2005
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posted
I took profits from IDWD and put them in TWOG, I should have done better dd. But no harm I should get out what I paid in. TWOG really did look attractive as did BDWH. You simply cant be in the oil business without capital neither of these stocks have any.
I saw in a pr that MLON gave PAIM 500m shares for a 44% share of a silver mine that PAIM had. I suspect this merger if it happens will be the same type of paper shuffle. That doesnt mean that someone wont make money.
Posts: 167 | Registered: Dec 2005
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posted
Tomorrow I will try and dig a little deaper into this, i probably will not have any luck. I do not see a inc. state either. Thanks dmort.
Posts: 3875 | From: ca. | Registered: Jul 2005
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