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EDNE SEC Suspension for Financials / Filings delinquencies:
http://www.sec.gov/litigation/suspensions/2015/34-74847.pdf
Order:
http://www.sec.gov/litigation/suspensions/2015/34-74847-o.pdf
Admin Proceeding:
http://www.sec.gov/litigation/admin/2015/34-74848.pdf
...and smells like WINTER! what do you make of this spike?
Anyone know want's going with this stock. This is an old one I had from many years ago. But I it's up 27% today?
Hit .40 today ?? wow ?
Big bump up today from .04 to .10 .... something good is about to happen
WHAT'S THE LATEST ON GAS (EARTH TO EDNE) AS IN NATURAL GAS BEING TOUTED LATELY BY THE ADMINISTRATION AS "T H E P L A C E T O B E"
what I find interesting is that the prefered shares will remain the same... so, the prefered share holders net value got multiplied by five ... and in a case of a merger or so, holders of the prefered shares will make out well and common stock holder will get 1/5 or 1/10 of the prefered holders depending on whether that was the case last R/S or not...!!!
r/s 8k-> Item 5.03 Amendments to Articles of Incorporation or Bylaws
Item 7.01 Regulation FD Disclosure
In accordance with board approval, we filed a Certificate of Change with the Nevada Secretary of State on to give effect to a reverse split of our authorized and issued and outstanding shares of common stock on a five (5) old for one (1) new basis, such, such that our authorized capital will be decreased from 200,000,000 shares of common stock with a par value of $0.001 to 40,000,000 shares of common stock with a par value of $0.001 and, correspondingly, our issued and outstanding shares of common stock will be decreased from 9,893,563 shares of common stock to 1,978,713 shares of common stock. Our preferred stock will remain unchanged.
On March 8, 2011, we received confirmation that the reverse split will become effective with the Over-the-Counter Bulletin Board at the opening of trading on March 11, 2011 under the symbol "EDNED". The "D" will be placed on our ticker symbol for 20 business days. After 20 business days, our symbol will revert back to the original symbol "EDNE". Our new CUSIP number is 27944M 301.
According to BigCharts, the price hit $50/shr August 2005, which is really $10 before the 5-1 reverse split... and if I recall correctly, this was related to drilling and potential of new find... now, there are new deals for new drilling... so, it is very probable that the price will move higher from here... granted, it may fluctuate to form a base or something... but anyone looking for somewhat of a longer term should not be bothered by that...
disclaimer... I own EDNE and would love to see it go to $35/shr...
told u guys this was a dog but nobody belived me,, u want a hot stock get lei its amazing and moving and does 25 million a day.. hot oil stock went from 250 to 459 in two days and its not over
Oil is over $103 this morning http://www.cnbc.com/id/15839171/site/14081545/
OIL IS UP OVER $112 TONIGHT AND THIS REPORT MAKES IT SOUND LIKE IT WILL BE UP SOME MORE , http://www.cnbc.com/id/41899378
What I love, is that these numbers are for $69.10 oil, well oil is now at $102 :O) EDNE with it small small small float, kaboom at any time imo
We got someone waiting on the bid here. Moved pretty fast a couple of times with some nice hits on the ask.
yep, nice close!
Some nice hits at the ask today with a big spread, and alot of piddly dinks on the bid. I think that wall at .25 is thin.
Still holding :O)
I just stepped down as Mod, the ibox is all cleaned up, if anyone wants her, good luck guys!
Sellers/ quick flippers look to be gone.
Do you know Authorized Shares?
Consolidating nicely here.
There is no lie, they did a 1-5 reverse split last year, so if you divide the stock by 5 then you get the real price it traded at before jan 2010...
So which is correct in the I Box I see a chart whereas in 2010 it hit over $5.00 yet the small chart when you click on one year chart never shows it going to %5.00 let along .25 cents. Not sure which one is the lie.
greedy greedy makes a hungry puppy!!
Check post 386...
Looking great here, word is getting out and oil is going up, weeee!!
Are they going to have to dilute to drill?
They increased the AS to 200,000,000 on July 21, 2010. Right now that Sharpe guy has a sweet deal going ... salary, management fees and 21% of the company.
http://www.edenenergycorp.com/userfiles/Definitive-Schedule-14A-2010-W0060421.pdf
This stock looks like a runner if they don't increase the OS and float to raise cash or do a cheap PP ....
FYI There are 75 potential 160-acre drilling blocks outside of the existing PA’s that have not been developed, resulting in 150 potential drilling locations on what is effectively 40-acre spacing. There is also the potential to develop the field on 20-acre spacing which would provide for another 150 drilling locations.
it was a good day. more tomorrow
future net income reserves..
"M" is thousands not millions
like roman numerals.
HOLDING OIL IS GOING UP! This just the start on this one imo
$ 1 tomorrow
go NBRI¨!!!
Oil over $102 now http://www.cnbc.com/id/15839171/site/14081545/
And only 3 MM under .90.
And less than 8M in the float. Very little being had on the bid here. Shares are most likely getting tight as insiders here probably hold the majority of shares out. JMO.
There's under 10 million shares that are ou right now...at the time there were a lot more....You might even see a forward split on this..All in my opinion only
I'm deleting off topic and or persoanl attacks, everyone knock it off or you'll be answering to the real Ihub mods shortly imo...
20 by 30 what a joke!!
this ia good?
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http://www.edenenergycorp.com/main/
Eden Energy Corp.
Eden Energy's primary focus is the development of the Ant Hill Unit on the eastern flank of the White River Dome field in the Piceance Basin, Colorado. The Ant Hill Unit is a 20,000 acre federal exploratory unit operated by EnCana Oil & Gas (USA) Inc. By drilling wells outside the existing Participating Areas, Eden is able to expand the unit and keep it in effect.
Effective January 1, 2009 the Company has drilled 8 wells in the field and has 6 on production. An Independent Reserve Report by MHA Petroleum Consultants Inc. assigned net proved reserves of 2.85 Bcfe with a PV10 value of $4.7 MM. Reserves and present values have been severely affected by low Rocky Mountain gas prices, which are expected to continue for some time. Additional drilling has been deferred for 2009.
Eden Energy also has exploratory projects in Nevada, USA and Alberta, Canada. These projects are not a primary focus for the Company at this time.
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