Oakridge Energy Inc. (fka OAKR)

[Renee]

Louis, contact the Trustee or have your Broker contact the Trustee for the distribution date. Best o' luck!!

[LouisDesyjr]

So there was something there!

I thought the company was completely gone, but it looks like there was 'something' there.

Louis.

[LouisDesyjr]

Any idea when the liquidation will post to accounts?

Louis.

[Renee]

OAKR: Final Liquidation $0.94 per share. Transfer books closed on 7/13.

FINRA deleted symbol:

http://otce.finra.org/DLDeletions

[k1234]

That's a bummer. We were hoping this one may be a hidden gem, but I guess not. Thanks so much for the response.

Karen

[LouisDesyjr]

I looked at status in Florida

It looks like the company stopped filing its corporate charter. The charter was administrative dissolved September 2017. While it is possible that the company could pay the fees and refile, it does not seem likely.

Louis J. Desy Jr.

[LouisDesyjr]

Nothing from company

I can't get ahold of anyone at the company.

No idea what their status is at the moment.

Louis J. Desy Jr.

[k1234]

Hi Louis,

I saw you on a message board for another company I was also interested in!

Were you able to answer your questions?

Last week I was able to leave a message for someone at the company but this week the number is no longer in service. Have you been in contact with the company? Are they sending you financials?

I appreciate any help you can provide. We may be interested in this one as well.

Karen

[LouisDesyjr]

Was able to buy shares

Not sure why the trading seems to be 'messed up', but I was able to buy a few shares at $3.90.

What does not make sense is that the bid/ask shows $4.95/$4.00 (yes, the bid is higher than the ask) and the last trade as $0.03 in early May 2017, but at least it looks like it is still trading.

Now that I have a few shares, the question is can I get a copy of the latest financial reports, and if so, what condition is the company in?


Louis J. Desy Jr.

[OilStockReport]

From most recent 10q:

Net Income (Loss). The Company had a net loss of $117,679 ($0.03 per share) in the three months ended August 31, 2010 (the “three month 2010 period”) compared to a net loss of $125,900 ($0.03 per share) in the three months ended August 31, 2009 (the “three month 2009 period”) as a result of the items discussed below. In the six months ended August 31, 2010 (the “six month 2010 period” and together with the three month 2010 period, the “2010 periods”), the Company had a net loss of $178,065 ($0.04 per share) compared to a net loss of $213,455 ($0.05 per share) in the six months ended August 31, 2009 (the “six month 2009 period” and together with the three month 2009 period, the “2009 periods”) as a result of the items discussed below.

Revenues. Combined oil and gas revenues for the three month 2010 period were $274,494 compared to $267,506 for the three month 2009 period, representing an increase of $6,988 (2.6%). Combined oil and gas revenues for the six month 2010 period were $587,562 compared to $494,608 for the six month 2009 period, representing an increase of $92,954 (18.8%). The increases in the 2010 periods as compared to the 2009 periods were due to an increase in the Company’s average price received for oil and gas, which was partially offset by a decline in oil and gas sales volumes.