posted
i got in at .027 on my alert but i also have some from the past at alot higher prices my average is about .062 i can see this one eventually going alot higher
-------------------- please dont trade stocks on my alerts, do your dd first.
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posted
Title of securities to be registered Common Stock, $.001 par value Amount to be registered(1) 27,500,000 Proposed maximum offering price per share(2) $ 0.0151 Proposed maximum aggregate offering price $1,134,375 Amount of registration fee $121.38
(1) Consists of underlying shares pursuant to Amended Non-Qualified Stock Option Agreements with Graeme Sewell and Jason Gigliotti.
(2) Estimated solely for the purpose of calculating the registration fee pursuant to Rules 457(c) and 457(h) under the Securities Act of 1933, as amended, based upon the average of the high and low prices of the registrant’s common stock on December 11, 2006, as reported on the Over-the-Counter Bulletin Board.
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posted
This stuff is way over my head, but isn't this stock being issued merely to cover the 3X increase in stock options for these two guys, because of the 3 for 1 fwd split? That's not really dilution, is it? ____________ (From S-8) Amended Non-Qualified Stock Option Agreement with Graeme Sewell Amended Non-Qualified Stock Option Agreements with Jason Gigliotti
Bla, bla, bla On February 22, 2006, Mr. Sewell was granted the right and option to purchase up to 5,000,000 of our shares at an exercise price of $0.15 per share until February 21, 2007, pursuant to our 2006 B Option Plan. ...yadda yadda yadda... Pursuant to Section 6 of the Option Agreement, once our shares forward split on a three for one basis, Mr. Sewell’s options increased to 15,000,000 with an exercise price of $0.05. On June 1, 2006, Mr. Sewell exercised 1,500,000 options, on June 26, 2006, a further 500,000 options on June 26, 2006 and 500,000 options on June 27, 2006. On September 14, 2006, Mr. Sewell’s ***remaining 12,500,000 options*** were amended to an exercise price of $0.0151 per share. ...etc...
Bla, bla, bla n February 22, 2006, Mr. Gigliotti was granted the right and option to purchase up to 1,280,000 of our shares at an exercise price of $0.15 per share until February 21, 2007, pursuant to our 2006 B Option Plan. ...yadda yadda yadda... Pursuant to Section 6 of the Option Agreement, once our shares forward split on a three for one basis, Mr. Gigliotti’s options increased to 3,840,000 with an exercise price of $0.05. On September 14, 2006, Mr. Gigliotti’s ***3,840,000 options*** were amended to an exercise price of $0.0151 per share. ... etc...
Bla, bla, bla On February 22, 2006, Mr. Gigliotti was granted the right and option to purchase up to 3,720,000 of our shares at an exercise price of $0.15 per share until February 21, 2007, pursuant to our 2006 C Option Plan. ...yadda yadda yadda... Pursuant to Section 6 of the Option Agreement, once our shares forward split on a three for one basis, Mr. Gigliotti’s options increased to 11,160,000 with an exercise price of $0.05. On September 14, 2006, Mr. Gigliotti’s ***11,160,000 options*** were amended to an exercise price of $0.0151 per share. ...etc... _______________ 12,500,000 + 3,840,000 + 11,160,000 = 27,500,000
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quote:Originally posted by superman7: they are involved in the canadian oil sands and i have been wating on this stock for a long time its hit a huge bottom hopefully the uptrend is starting
my average is .06 i have alot of this at verious differnt prices i am adding all the time on this one and hopefully it will pay off soon
anyways its starting to run
.027 by .0275
also watching SEVI and HISC...these 3 stocks look to all breakout soon
WOW great pick!! Congrats! She's runnin this morning and i expect will be one of the few I 'll play late december. I bought in at .04 monday. I think this stock has potential. Oil Sand plays are very hot especially with OPEC squeezing supplies lately.
Good luck to everyone on this one. I think we'll see good green today in MENV
opened at .05 now its .053 ask .054
-------------------- Do not invest on any of my suggestions
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quote:Originally posted by superman7: they are involved in the canadian oil sands and i have been wating on this stock for a long time its hit a huge bottom hopefully the uptrend is starting
my average is .06 i have alot of this at verious differnt prices i am adding all the time on this one and hopefully it will pay off soon
anyways its starting to run
.027 by .0275
also watching SEVI and HISC...these 3 stocks look to all breakout soon
Superman You made a very good pick here. Lucky to those who followed and jumped in the .02's. WOW!!!! Anyway I do not have DD's to add at the moment. Feeling under the weather and its all about survival right now. When I feel better I hope to add some insights into this oilsands co.
Good luck to all longs holding MENV. Not pumping.
-------------------- Do not invest on any of my suggestions
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Contingent Resource of Approximately $3.7 Billion on Alberta Oil Sands Leases of Which Micron Enviro Systems, Inc. has an Interest
Business Wire - December 21, 2006 03:01
VANCOUVER, British Columbia, Dec 21, 2006 (BUSINESS WIRE) -- Micron Enviro Systems, Inc. (Frankfurt: WKN:A0J3PY) (FWB:NDDA) (OTCBB:MENV) ("Micron") is extremely pleased to announce that it has received an independent report covering all of the leases which Micron holds an interest that are located in the world-class Alberta Oil Sands. The independent, third party report was completed by the petroleum consulting firm of AJM Petroleum Consultants of Calgary, Alberta, Canada. The report was prepared by independent petroleum engineers based on public well log information and some limited seismic data. Based on their independent evaluations, they have assigned contingent resources of up to 59,500,000(high) to 23,000,000(low) barrels in the ground on the Oil Sands Prospects that Micron has an interest. At current oil prices the potential (gross) value in the ground would equate to approximately $3.7 billion over all of the leases that Micron has an interest. Many of the world's largest oil companies have operations in the Alberta Oil Sands, which is one of the single largest natural resource regions on earth. Bernie McDougall, President of the Micron stated, "This number is a tremendous contingent value, especially for a company of Micron's modest market capitalization of approximately $20 million. Now that we are working on our Oil Sands Prospects and given the independent petroleum engineer's potential value attributed to the Oil Sands leases, we feel that at this time Micron is at a very early stage of development and could provide tremendous leverage and exposure to one if not the largest oil and gas regions on earth. Being one of the smallest companies that is actively working in the Alberta Oil Sands is an enticing aspect of Micron as we strive to achieve our goal of becoming a mid-range oil and gas producer."
At this time additional seismic work on one of the Oil Sands leases (Leismer) is now underway with a test well scheduled to begin in December. These operations will aid in further defining or potentially increasing this contingent resources value currently assigned to these Oil Sands leases. Both the drilling and seismic are expected to be completed shortly. All monies, relating to drilling and seismic operations has been forwarded, therefore no additional capital will be needed at this time for this specific Oil Sands Prospect. This prospect lies directly between Petrobank's Whitesands Project, which is reported to have 1.6 billion barrels of bitumen in place, and North American Oil Sands, which has stated a possible reserve of 4.09 billion barrels in ground on their property which is next to Micron's. Please refer to the map on the website (www.micronenviro.com) for more details.
The Oil Sands of Canada hold recoverable reserves of 175 billion barrels with a proven reserve life of 480 years and another 130 billion barrels of potential reserves, which is second only to Saudi Arabia's 262 billion barrels. As a comparison, the United States has only 29 billion barrels of recoverable reserves and has decreasing domestic production while their demand is increasing by 1-2% every year. Canada is in an optimal position to supply oil to the U.S. with its favorable political climate, close proximity and being one of the few non-OPEC countries which can grow its oil production. It is expected that over 100 billion dollars will be spent on developing the Alberta Oil Sands in the coming years. At this time only approximately 2% of the initial established resource has been produced to date in the massive Oil Sands of Alberta.
Micron is an emerging oil and gas company that has exposure to four separate leases in the Athabasca Oil Sands of Alberta, Canada, which is the largest Oil Sands region in the world, and has minor production from multiple conventional oil and gas wells. Micron's goal is to become a junior oil and gas producer that focuses on the exploration, discovery and delivery of gas and oil to the North American marketplace. Micron continues to look for additional projects that would contribute to building Micron's market capitalization, including additional Oil Sands projects.
If you have any questions, please call Micron at 604-646-6903. If you would like to be added to Micron's update email list, please send an email to info*micronenviro.com requesting to be added.
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posted
January 08, 2007 Significant Oil Sands Indications Achieved on Test Well Micron Enviro Systems, Inc. (OTCBB: MENV) (Frankfurt: NDDA - WKN:A0J3PY-ISIN: US59510E2072) ("Micron") is extremely pleased to announce that it has been informed by the operator of the test well on the Leismer Oil Sands Prospect that it has now been completed and initial indications show an impressive oil sands thickness. The core as well as the bore hole imaging tool will be analyzed within the next 5-10 days. The seismic is also expected to be completed and analyzed within 10-15 days, barring any unforeseen issues. The results will then be incorporated and released once final analysis is complete. The operator stated, "My prognosis is that with the calibrated seismic (to the well), the hole imaging tool (FMI) and the core, we will pinpoint a thick oil sands pod for SAGD production."
Bernie McDougall, president of Micron stated, "These initial results are extremely encouraging in regards to the thickness of the oil sands. Based on this new information, it has provided early confirmation of the quality of this Oil Sands Prospect. This prospect lies directly between Petrobank and North American Oil Sands and viewing the initial data would appear that the formation and thickness on our property is consistent with these companies. (Please refer to the map on the website www.micronenviro.com for more details) Petrobank has stated a potential resource of 1.6 billion barrel and North American Oil Sands with a stated 4.09 billion potential barrels in ground. Clearly this the most exciting time of growth in the company's history and we are quite optimistic about the short and long future on the company based on these results achieved so far. A recent third party independent report stated that there is potentially $3.7 billion (gross) worth of oil reserves on the total acreage that Micron has an interest in, but based on the initial data just received; we would expect this number to increase substantially. 2007 is clearly shaping up to a break out year for Micron in terms of corporate growth."
Microns recently announced that it has entered into negotiations to acquire additional Oil Sands leases in Alberta, Canada. These new leases, if the negotiations are completed, would add substantially to Micron's Oil Sands assets. A decision on these new leases is expected to be finalized before the end of January 2007.
Micron is an emerging oil and gas company that has exposure to four separate leases in the Athabasca Oil Sands of Alberta, Canada, which is the largest Oil Sands region in the world, and has minor production from multiple conventional oil and gas wells. Micron is one of if not the smallest market capitalized company that has interest in multiple leases and has active operations in the Alberta Oil Sands. Micron's goal is to become a junior oil and gas producer that focuses on the exploration, discovery and delivery of gas and oil to the North American marketplace. Micron continues to look for additional projects that would contribute to building Micron's market capitalization, including additional Oil Sands projects.
If you have any questions, please call Micron at (604) 646-6903. If you would like to be added to Micron's update email list, please send an email to info*micronenviro.com requesting to be added.
posted
VANCOUVER, Jan. 11 /PRNewswire-FirstCall/ - Micron Enviro Systems, Inc. (OTCBB: MENV - News; Frankfurt: NDDA - WKN:A0J3PY - ISIN: US59510E2072) ("Micron") is extremely pleased to announce that it has just acquired an impressive 50% interest in six new contiguous Athabasca Oil Sands sections in Alberta, Canada. These new sections comprise of approximately 3,800 acres in prime Athabasca Oil Sands Area which is the largest oil sands development region on earth. This new lease is directly beside Paramount Energy Ope and is situated directly above the massive Oil Sands package that the Royal Dutch Shell paid approximately $450,000,000 for. This new acquisition is completely independent of the negotiations for additional Oil Sands leases announced December 28, 2006. A decision on those leases is still expected before the end of January. Bernie McDougall, president of Micron stated, "This is quite possibly the most important acquisition in the company's history. Not only are these new sections in the world's largest and most important Oil Sands region, but this acquisition represents the single largest ownership of any oil and gas prospect the company has attained. We feel that the Oil Sands of Alberta is the future of global oil production and Micron at this time is one of if not the smallest company that has active operations in the Alberta Oil Sands. Now with this new acquisition we feel that Micron offers tremendous leverage in regards to investing in the single largest known oil deposit on earth."
Recently, Micron was informed by the operator of the test well on the Leismer Oil Sands Prospect that it has now been completed and initial indications show impressive oil sands thickness. The core as well as the bore hole imaging tool will be analyzed within the next 5-10 days. The seismic is also expected to be completed and analyzed within 10-15 days, barring any unforeseen issues. The results will then be incorporated and released once final analysis is complete. The operator stated, "My prognosis is that with the calibrated seismic (to the well), the hole imaging tool (FMI) and the core, we will pinpoint a thick oil sands pod for SAGD production." This prospect lies directly between Petrobank and North American Oil Sands and viewing the initial data would appear that the formation and thickness on our property is consistent with these companies. (Please refer to the map on the website www.micronenviro.com for more details) Petrobank has stated a potential resource of 1.6 billion barrel and North American Oil Sands with a stated 4.09 billion potential barrels in ground. A recent third party independent report stated that there is potentially $3.7 billion (gross) worth of oil reserves on the total acreage that which Micron has an interest. This impressive number does not take into account the new information on the impressive thickness of the Leismer Oil Sands Prospect or any value to the significant acreage acquired today.
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I was trying to figure out who here is loading up on MENV that pushed it up 5% early this morning....Now I understand. I got some more at .06, more than I wanted to pay..but with the memory of Canwest still in my mind, I don't want to miss out AGAIN It too CWPC 18 months to go from 22 cents to $8. I'd be happy with anything close.
-------------------- Do not invest on any of my suggestions
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