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Powder River Coal Corp. (fka POWD) RSS Feed

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Powder River Coal Corp.

f/k/a
Titan Holding Group, Inc.


On October 23, 2011, Powder River Coal Corp., (f/k/a Titan Holding Group, Inc.,) terminated its contract with Freedom Energy Holdings, the company's only customer. At this date all liabilities and debts of Powder River Coal Corp., which relate to or arise out of the operations of the contract and the indemnification by Freedom Energy Holdings of all losses, liabilities, claims, damages, costs and expenses that may be suffered by Powder River Coal Corp. at any time which arise out of the operations of the contract.  Gains from cancellation of the contract of the discontinued operations amounted to $54,501.

 

On September 21, 2011, in a private equity transaction, Mr. Grant acquired the 6,000,000 (60%) shares of the company from Lanham and Lanham, LLC. The purchase price was $50,000.00 or $0.008 per share. Mr. Grant utilized his own funds for the purchase.

 

The major stockholder and officer advanced $7,203 to the Company for general expenses. The loan is secured by a promissory note. The terms of the note is 0% interest with no repayment schedule.  

 

The balance due to the related parties at September 30, 2011 and December 31, 2010 was $7,203 and $41,077, respectively.  During the quarter ended September 30, 2011, the prior majority shareholder issued a note of forgiveness of debt owed to him by the Company.  The forgiveness of this obligation, in the amount of $46,850, was recognized as income and included in the discontinued operations.

 

Management will review these arrangements, in future period, to determine if terms are required to be formalized to reflect the economic relationship.




This still stands as the official company description given by Pink Sheets.

Business Description

We were originally incorporated on October 9, 2009 under the laws of the State of Florida as Freedom Formulations, LLC. On July 20, 2010 Amended and Restated Articles of Incorporation were filed with the Florida Secretary of State converting the form of the company to a C corporation with par value of $.0000001 and the total authorized capital stock to 50,000,000,000 common shares. Since inception, we have engaged in marketing KC 9000®. We have office space at 531 Airport North Office Park, Fort Wayne, Indiana 46825. THG currently only requires minimal office space. In light of present economic circumstances, we have no plans for the need for expansion of corporate office space. We do not consider our company to be a "blank check company" as such term is defined in Securities and Exchange Commission Rule 419 and we do not have any intention to engage in a reverse merger with any entity in an unrelated industry.
Our business is focused on the sale petroleum treatment products throughout the Midwest United States and principally the state of Kansas. We provide marketing of KC 9000® primarily to independent producers, refiners of petroleum products and other market participants. The market we serve, which begins at the point of oil production and extends to the point of distribution to the customer, is commonly referred to as the "midstream" market. We market petroleum treatment products to markets primarily in the Midwest, ensuring that our customers have consistent access to petroleum treatment products. Our strategically located sale efforts are well positioned to benefit from the continuing need for petroleum treatment products from areas of supply to areas of demand. As we have engaged in limited business operations, we do not have any dependence on one or a few major customers. Although the market for petroleum treatment products is highly competitive, we are not aware of any person or entity that has a product that performs like the principal product that we market, KC 9000®.

Titan Holding Group specializes in marketing KC 9000® that specifically show the ability to effectively reduce the viscosity of crude oil classified as heavy oil, (i.e. API gravity of less than 22) and reduces the amounts of water and solids from the crude oil prior to transportation to a refinery. To date, we have only chosen to market KC 9000®, a proprietary product owned by Freedom Energy Holdings, Inc. Our company is an authorized seller of KC 9000® by agreement and we intend to continue marketing the product with the intention of generating revenue for the company. KC 9000® is a proprietary blend of ingredients that has been shown to be very effective in the areas in which we are focusing, including reduction of viscosity of Heavy oil and the reduction of water and solids from the crude oil prior to transport.
There presently is no specific statute or regulation that governs our handling or application of KC 9000®. As the chemicals utilized to create KC 9000® are nonhazardous and readily available from numerous suppliers, we do not anticipate the existence of any regulatory impediments in the immediate future that would negatively impact our ability to market the KC 9000® product.
Our current daily operations are handled by our CEO, who handles any incoming calls which are referred by Freedom Energy Holdings, Inc. Our company since inception has reached out to a number of oil producers that have used the KC 9000® supplied by Freedom Energy. Follow up calls are made to these oil producers soliciting further orders of the KC 9000® which is currently the only product that we offer. Continued research is conducted by way of the internet seeking for potential leads that would facilitate further sales efforts. In addition, our CEO also continues to search for other products to compliment the company's product line. Currently this is a full description of the daily operations for the Company.


Filings being updated.
follow here http://www.otcmarkets.com/stock/TTNHD/financials

Note forward Split  Pay date=11/25/2011.
Brian Kistler still CEO and Chairman.

http://www.otcmarkets.com/stock/TTNHD/company-info



Until filings are updated and it says otherwise: This is still a Brian Kistler Company




 

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POWD
POWD
powder river coal, corp.  OTCBB
 
  Records 1 - 15 of 33.  Sort by clicking on the column headings. Next 18 Next 18
  Company Name Form Type   Received    Period   Views  
  POWDER RIVER COAL CORP.
  Reporting Owner : BEAUMONT JAMES ROBERT
 3 4/20/2012 3/30/2012  View this filing in your web browser.  View this filing in its original format as submitted to the SEC  View this filing in Microsoft® Word  View this filing in Portable Document Format  Download and view the tables contained in this filing in Microsoft® Excel.  
  POWDER RIVER COAL CORP.  10-K 4/16/2012 12/31/2011  View this filing in your web browser.  View this filing in its original format as submitted to the SEC  View this filing in Microsoft® Word  View this filing in Portable Document Format  Download and view the tables contained in this filing in Microsoft® Excel.  
  POWDER RIVER COAL CORP.  NT 10-K 3/30/2012 12/31/2011  View this filing in your web browser.  View this filing in its original format as submitted to the SEC  View this filing in Microsoft® Word  View this filing in Portable Document Format  Download and view the tables contained in this filing in Microsoft® Excel.  
  POWDER RIVER COAL CORP.  8-K 2/21/2012 2/21/2012  View this filing in your web browser.  View this filing in its original format as submitted to the SEC  View this filing in Microsoft® Word  View this filing in Portable Document Format  Download and view the tables contained in this filing in Microsoft® Excel.  
  POWDER RIVER COAL CORP.  8-K 11/22/2011 11/22/2011  View this filing in your web browser.  View this filing in its original format as submitted to the SEC  View this filing in Microsoft® Word  View this filing in Portable Document Format  Download and view the tables contained in this filing in Microsoft® Excel.  
  POWDER RIVER COAL CORP.  10-Q/A 11/17/2011 9/30/2011  View this filing in your web browser.  View this filing in its original format as submitted to the SEC  View this filing in Microsoft® Word  View this filing in Portable Document Format  Download and view the tables contained in this filing in Microsoft® Excel.  
  POWDER RIVER COAL CORP.  10-Q 11/17/2011 9/30/2011  View this filing in your web browser.  View this filing in its original format as submitted to the SEC  View this filing in Microsoft® Word  View this filing in Portable Document Format  Download and view the tables contained in this filing in Microsoft® Excel.  
  POWDER RIVER COAL CORP.  NT 10-Q 11/15/2011 9/30/2011  View this filing in your web browser.  View this filing in its original format as submitted to the SEC  View this filing in Microsoft® Word  View this filing in Portable Document Format  Download and view the tables contained in this filing in Microsoft® Excel.  
  TITAN HOLDING GROUP, INC.  8-K/A 10/31/2011 10/31/2011  View this filing in your web browser.  View this filing in its original format as submitted to the SEC  View this filing in Microsoft® Word  View this filing in Portable Document Format  Download and view the tables contained in this filing in Microsoft® Excel.  
  TITAN HOLDING GROUP, INC.  8-K 10/25/2011 10/25/2011  View this filing in your web browser.  View this filing in its original format as submitted to the SEC  View this filing in Microsoft® Word  View this filing in Portable Document Format  Download and view the tables contained in this filing in Microsoft® Excel.  
  TITAN HOLDING GROUP, INC.  8-K 10/17/2011 10/17/2011  View this filing in your web browser.  View this filing in its original format as submitted to the SEC  View this filing in Microsoft® Word  View this filing in Portable Document Format  Download and view the tables contained in this filing in Microsoft® Excel.  
  TITAN HOLDING GROUP, INC.
  Filer : GRANT ANDREW DUNCAN
 SC 13D 10/3/2011 N/A  View this filing in your web browser.  View this filing in its original format as submitted to the SEC  View this filing in Microsoft® Word  View this filing in Portable Document Format  Download and view the tables contained in this filing in Microsoft® Excel.  
  TITAN HOLDING GROUP, INC.
  Reporting Owner : GRANT ANDREW DUNCAN
 3 9/30/2011 9/21/2011  View this filing in your web browser.  View this filing in its original format as submitted to the SEC  View this filing in Microsoft® Word  View this filing in Portable Document Format  Download and view the tables contained in this filing in Microsoft® Excel.  
  TITAN HOLDING GROUP, INC.  8-K 9/19/2011 9/19/2011  View this filing in your web browser.  View this filing in its original format as submitted to the SEC  View this filing in Microsoft® Word  View this filing in Portable Document Format  Download and view the tables contained in this filing in Microsoft® Excel.  
  TITAN HOLDING GROUP, INC.  10-Q/A 8/23/2011 6/30/2011  View this filing in your web browser.  View this filing in its original format as submitted to the SEC  View this filing in Microsoft® Word  View this filing in Portable Document Format  Download and view the tables contained in this filing in Microsoft® Excel.  
    Next 18 Next 18
   
 
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