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AFGC registration revoked:
https://www.sec.gov/litigation/admin/2019/34-86814.pdf
out from last year
Well the SEC has finally heard the fat lady sing here at AFGC. There is no excuse this company can offer up for not filing their required SEC financial documentation.
Imagine depending upon any African nation to fulfill any kind of a so called promise to pay. Now a lawsuit. Cant get blood form a stone.WHAT A JOKE!
Shareholders were duped from the get go here.
AFGC SEC Suspension for delinquent Financials:
https://www.sec.gov/litigation/suspensions/2019/34-86443.pdf
Order:
https://www.sec.gov/litigation/suspensions/2019/34-86443-o.pdf
Admin Proceeding:
https://www.sec.gov/litigation/admin/2019/34-86438.pdf
AFGC~~will run hard here very soon
AFGC~~Shelby Scott Gaille https://www.bloomberg.com/research/stocks/private/person.asp?personId=113734024&privcapId=119113582
AFGC~~Gaille Shelby Scott 2010-Present Director Africa Growth Corporation https://gaillelaw.com/our-attorneys/
AFGC~~Form 4 Africa Growth Corp For: Jul 12 Filed by: Gaille Shelby Scott
better load up,crazy low float
https://www.streetinsider.com/SEC+Filings/Form+4+Africa+Growth+Corp+For%3A+Jul+12+Filed+by%3A+Gaille+Shelby+Scott/14397920.html
AFGC~~2.00 On July 12, 2018, the reporting person was granted 5,217 shares of common stock.
Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Gaille Shelby Scott
5847 SAN FELIPE
SUITE 1245
HOUSTON, X1 77057 X
Signatures
Shelby Scott Gaille 7/13/2018
** Signature of Reporting Person Date
AFGC will go hard,November 15, 2017, the Company commenced a lawsuit in the United States District Court for the District of Columbia (the “Complaint”) against the Angolan Governmental Trespassers and related Angolan governmental individuals and entities for damages in excess of $55,000,000, among other remedies.
https://backend.otcmarkets.com/otcapi/company/sec-filings/12536202/content/html
AFGC~~better buy the tickets,will be a HOT WILD RUN
AFGC3.00, when the news will hit the wire about $55,000,000 DOLLARS, $100 PPS here
AFGC~~$55,000,000 DOLLARS,in damage AFGC to receive
In addition, on November 15, 2017, the Company commenced a lawsuit in the United States District Court for the District of Columbia (the “Complaint”) against the Angolan Governmental Trespassers and related Angolan governmental individuals and entities for damages in excess of $55,000,000, among other remedies.
https://backend.otcmarkets.com/otcapi/company/sec-filings/12536202/content/html
AFGC~~bought here,wild run COMING FOLKS
BRHMD changed to AFGC:
http://otce.finra.org/DLSymbolNameChanges
BRHM: effective Jan. 30,2017 Brenham Oil & Gas Co. will change to Africa Growth Corporation, and a one for 200 reverse split:
http://otce.finra.org/DLSymbolNameChanges
Big merger coming in here !!!!!
Per filings !!!!!!!!!
Brenham Oil & Gas Corp., OTCBB: BRHM ("Brenham"), a subsidiary of American International Industries, Inc., OTCBB: AMIN ("American").
Dear Shareholders: Since the strategic spinoff from our parent company, Brenham has made progress on its objectives of acquiring lower risk domestic drilling opportunities coupled with higher risk international exploration in Africa. We would like to take a moment to outline the progress we have made and our vision moving forward. We also plan to communicate with our shareholders on a more frequent basis going forward regarding their investment in Brenham.
Bryant Mook, President of Brenham stated, "Brenham is pleased to announce the following achievements and progress toward its strategic objectives":
During the first quarter of 2013, Brenham acquired the 394 acre oil and gas lease which is part of the Gillock Oil Field based in Dickinson, Texas, three miles north of Texas City, Texas. An internal reserve study of the 394 acre lease conducted by our petroleum engineers concluded that the leased field had proved undeveloped (PUD) undiscounted revenues of $73,162,300 and discounted NPV of 10% valued at $33,441,000 and possible reserves (POSS) undiscounted valued at $195,848,900 and discounted NPV of 10% valued at $81,454,100, the 3P reserves discounted at NPV 10% valued at $114,895,200. In order to realize the lease’s potential, the Company is preparing a development package that it intends to present to prospective industry and financial partners.
Brenham purchased 4 square miles of 3D seismic data for the purpose of completion of its drilling program in the Gillock Field in Galveston County Texas. A preliminary review of our reprocessed 3D seismic data shows numerous fault traps and amplitude bright spots normally associated with hydrocarbon production at both the Frio and deeper Vicksburg level. Additionally, structural rollover indicative of a hydrocarbon trap is also present in shallower horizons as well. As there are well over 20 pay zones in Gillock Field the possibility of shallower pay would not be a surprise and all of the aforementioned anomalies are being carefully investigated and evaluated by our experienced geophysical team. Brenham expects a final report on this in a few weeks at which time we will finalize our development plan for all anomalies. The 3D seismic data in conjunction with adjacent and nearby production will enable Brenham to pick precise drillable locations in the Frio as well as providing Brenham the opportunity to upgrade the reserve category of the Vicksburg Formation, thereby enhancing the value of the company.
Brenham has successfully acquired a 10% working interest in the Pierce Junction oil field located in Houston, Texas which has production of approximately 30 barrels per day. Presently, Brenham is seeking to acquire additional working interests in the Pierce Junction oil field from the other partners. The Company also is developing a plan to undertake a comprehensive work over program to increase production in the field to approximately 100 barrels per day.
In line with Brenham’s corporate vision of petroleum exploration in Africa, in 2012 Brenham signed a 15% production sharing contract for Block Y with the Government of the Republic of Equatorial Guinea. Brenham is negotiating the sale of its subsidiary Brenham Oil and Gas International, LLC for purposes of focusing the Companies’ efforts and resources on the Texas assets.
Brenham is continuing to pursue its $6.4 billion claim against ENI and TGS in connection with its "tortious interference" case, which transaction was previously negotiated in a "production sharing agreement" with the country of Togo, Africa. Brenham’s claims are currently in the process of being appealed over matters primarily related to whether the Texas court was the appropriate venue for pursuing the claims.
Brenham’s primary objective and current focus during the remainder of 2013 and through 2014 will be accessing capital to fund its drilling programs in Texas.
Brenham Oil & Gas Corp. is an independent oil and gas company engaged in the acquisition of petroleum resources. Brenham's team includes experienced professionals from major oil and gas companies.
For more information regarding Brenham please visit its website: http://www.brenhamoil.com/
Forward-Looking Statements:
This press release may contain forward-looking statements, including information about management’s view of the Company’s future expectations, plans and prospects, within the safe harbor provisions under The Private Securities Litigation Reform Act of 1995 (the "Act"). All statements other than statements of historical information provided herein may be deemed to be forward-looking statements. Without limiting the foregoing, the words "believes", "anticipates", "plans", "expects" and similar expressions are intended to identify forward-looking statements. Factors that could cause actual results to differ materially from those that we may anticipate reflected by our subsidiaries' operations include without limitations, growth in the energy sector and in the oil and gas service industry, increased levels of competition, new products and technology changes, and the market for pipes, the rules of regulatory authorities and risks associated with any potential acquisitions. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis, judgment, belief or expectation only as of the date hereof. Finally, the Company undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by the Company.
Investor Relations: Rebekah Ruthstrom Tel: 281-334-9479 email: amin@americanii.com
We are still long for the following:
We read the 10k's/q's and found BRHM owns a 2.5% override in a ten (10) mile radius in/near Abilene, Texas. We could not quantify the value for that. We infer it is really, really valuable long-term and we are glad to have taken a position in its unrealized value via BRHM. We consider this piece an annuity. The Gillock Field lease they have in Texas City shows valuable reserves with strong analogs (proven success nearby). Meanwhile, they have managed to acquire 10% of a very successful field and we hope they are working to buy the balance of it. Management controls BRHM. BRHM's market value is only around a few million dollars, if that. Is it possible Brenham is not trading nearly as high as it should because they have yet to involve any investment bank(s)? If so, we can hardly fault management for creating and controlling the intrinsic value they have managed to create which is many multiples beyond its current market cap. So, we're long.
Are you serious? Just funny to me to sell them like that. Never had too many cert form stocks myself. I heard some people selling certs online but usually they were revoked stocks.
Well doubt you will get charged anything. The buyer will and will have a tough time depositing them bc most brokers arent accepting paper certs anymore due to counterfeiting.
I sold mine through ebay last week. Was gonna watch it awhile. No extra charges yet ? or do they creep up on you with them ? maybe I sold before the DTC ineligibility ?
Bites, even though we may have bought shares that were DTC eligible at the time the DTC can make them ineligible any time they want.... So sick of this. They are scamming us bc they dont want us to get scammed. Go figure.....
DTC is charging physical settlement fees. So I was right earlier when I told ws about it. Ameritrade picked up on it early and now other brokers are. For some reason(missing proper filings perhaps) there are passer through fees being charged for sale of securities.
Looks to be lousy trading but at least there is some volume. They are doing the ole sell 10k at bid and buy 1k at ask routine. How about putting some big bids in and get this to .20?
Hey guys I am new to this company how's there stock doing??
Watch this one tomorrow for a possible .10c move with $40k+ volume.
BRHM
sc
Yes, and even more so Monday, sc
10k out. 85% ownership listed and probably restricted. This is a very good low floater. Cant wait to see how it does with lawsuit and PRs to come later. .05s will look really cheap later on.imo
American International Industries, Inc.
58,680,074
53.2%
601 Cien Street, Suite 235
Kemah, TX 77565
S. Scott Gaille, President and Director
21,200,000
19.2%
601 Cien Street, Suite 235
Kemah, TX 77565
Steven M. Plumb 7,500,000 6.8%
5300 N. Braeswood, Suite 370
Houston, TX 77096
Daniel Dror, Chairman and CEO 1,000,000 0.9%
601 Cien Street, Suite 235
Kemah, TX 77565
L. Rogers Hardy, Vice President - Technology 1,000,000 0.9%
601 Cien Street, Suite 235
Kemah, TX 77565
Bryant M. Mook, Vice President - Subsurface Engineering 1,000,000 0.9%
601 Cien Street, Suite 235
Kemah, TX 77565
Sherry McKinzey, Director, CFO
885,270
0.8%
601 Cien Street, Suite 235
Kemah, TX 77565
International Diversified Corporation, Ltd. 2,488,657 2.3%
Shirley House, Shirley Street, PO Box SS 19084
Nassau, Bahamas (2)
Directors and Officers (5 persons) 25,085,270 22.7%
This has the right stuff. Ive seen many other cos with similar OS's and similar news and they are .50s to 1.00s. They just need some awareness of some sort.
I bet my ol buddy Windough Shoppa is gonna be over here snooping around....
More news but crickets for a market response. At this rate they would need to put out a PR just to get a 5k share trade......
Sure is. But things have been slow across the board more and more the past few years. MMs dont want people to get cheap shares. Every time I try to sneak a bid in they outbid me automatically. So someone knows to eat up cheapies.
No it's a spin off.
I just started looking at this stock and noticed the drop in price from a dollar in a few months. Did they delude the shares??
I agree
as a gamble its worth it
no question
its just that as of NOW they have NOTHING, the only way to get something is to DILUTE like crazy
of course, if THEY GET $$$ from the law suit, its another story
I hear you. Will see on it. It doesnt always work out on initial trading plays. been burned on a few before. Seen some go from .50 to .000s. And other people have seen the same bc there are a bunch of otcs that trade .000s and they got there somehow. But Im willing to take a gamble and see.
I agree
except in THIS case
Generally when these new issue stocks come out the co tries to get eyes on her with investor awareness and do other things to get the price moving. Thats mainly my play on it. I like to be a initial investor in cos and start out from the floor. But the settlement is always a plus.
Thats why its almost always best to buy stocks when they first start trading bc they usually go up and then start making their way down.imo
Maybe. I don't see that an MO has been established here.
you will also have the insiders dump stock
that is the mo
We might see a bounce if we get on the updated RCT p-5 list coming out soon. IMO
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