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Well, I bought a chunk of this. With an upgrade to BUY and Financials about to be released, I thought it a good opportunity to dig for pie.
I almost bought this POS, glad I waited a few days.
JED Oil Inc. Announces Common Shares to Be Delisted from NYSE Alternext and Trade on the OTCBB
Thursday January 8, 8:45 am ET
DIDSBURY, Alberta--(BUSINESS WIRE)--JED Oil Inc. (NYSE Alternext: JDO) (“JED” or the “Company”) today announced that it has received a notice dated January 7, 2009 from NYSE Alternext US LLC (the “Exchange”, formerly the American Stock Exchange), that the Company’s appeal to a Listing Qualifications Panel of the Exchange’s Committee on Securities (the “Panel”) of the previously announced determination by the staff of the Corporate Compliance Department of NYSE Regulations, Inc. to prohibit the continued listing of JED’s common shares on the Exchange and to initiate delisting proceedings has been denied, and the Panel unanimously affirmed the determination to delist the common shares of JED. The notice further stated that the Exchange will suspend trading of the Company’s common shares as soon as practical in accordance with the Exchange rules, and file an application with the Securities and Exchange Commission of the United States to strike JED’s common shares from listing and registration on the Exchange.
ADVERTISEMENT
The Company has 15 days from January 7, 2009 to request an appeal of the full Committee on Securities, and if that appeal is denied, to appeal the decision by the Committee on Securities to the Board of Directors of the Exchange. JED does not intend to request a further appeal.
JED expects its common shares to begin to trade on the OTC Bulletin Board shortly after being delisted from the Exchange. The Company will make a public announcement about the stock symbol it will be assigned on the OTCBB as soon as it is determined.
About JED Oil Inc.
Established in September 2003, JED Oil Inc. is an oil and natural gas company that commenced operations in the second quarter of 2004 and develops and operates oil and natural gas properties in western Canada and the Rocky Mountain states in the United States.
up 70% ---anyone know anything about this? http://ih.advfn.com/p.php?pid=squote&symbol=JDO
Is anyone here trading this? I've had a couple of pops and made a little $$.
Buy at .01 sell at .015......money!!!
50% is 50%
first time flipper
its owesome!!!
nope, the whole market is done for, this thing is going BK and the Dow is going to 6000 in a month or two!
Most likely.
Is it going BK?
Any news on JDO? It looks like it's forming a base at a worthless .13 a share. Earnings?
This company is going BK. To bad, so sad. Common shareholders will get nothing.
Sounds like a BK type situation, creditors want their money...
What does all that mean?
JED OIL INC. ANNOUNCES COURT ADJOURNMENT OF FILING BY CREDITORS
Didsbury, Alberta – Monday, August 11, 2008 – JED Oil Inc. (AMEX: JDO) (“JED” or the “Company”) today announces that on August 8, 2008 the Court of Queen’s Bench of Alberta, Judicial District of Calgary, granted an adjournment of the hearing on the previously announced application by a group of the the Company’s trade creditors requesting an Order declaring that the Company and its wholly-owned subsidiary, JED Production Inc., be placed under the creditor protection terms of the Companies’ Creditors Arrangement Act (Canada) (the “CCAA”). The hearing was rescheduled for Wednesday, August 13, 2008 and in the meantime the Court ordered all actions and creditor remedies against JED are stayed, with the exception that the holders of the Company’s convertible notes may bring an opposing application for appointment of a receiver of JED.
About JED Oil Inc.
Established in September 2003, JED Oil Inc. is an oil and natural gas company that commenced operations in the second quarter of 2004 and develops and operates oil and natural gas properties in western Canada and the Rocky Mountain states in the United States.
no love for the JDO i still got mine
Thanks for your support.
We need a new mod>>>This guy is not helping Jed at all!
why do you want the board all to yourself LOL
Should remove the mod as well>>>No posting volume there either..lol
I'm removing the assistants because there is no posting volume here.
lol its all good just have a few as a lotto
I bailed. I hope you make a mint. LOL
Trueheart
spec play :) gltu
Looking at the financials it's not and that is a fact.
Stop thinking or you'll get burned.
Yessssss?
Trueheart
I am hoping that is the case..lol
Hey, OM.
JED has a good story. Like a puppy dog, this one will grow into its feet. LOL
Trueheart
Added to my position yesterday>>>Now the waiting game
Morning True!
oil????? not for oil imho. going higher.
If you guys are trading this stock based on the current oil prices your in the wrong stock. Oil could go up 20$ tomorrow and this stock would still be nil.
Not these though.
GEOI
NOV
Just a matter of time my friend!
ok-this is a stock I have owned ----what a dump it has taken---what is the problem here????? aren't they still in the oil business??? thoughts----anyone had update on drilling???--------thanks
Alot of factors looming mick
with IRAN, hurricane oil is going higher soon.
AMEX is showing a little size on the bid @ $.41
Bid looking stronger>>>She may go>>>
Go BIG OIL! $130.17
Thanks OM without your help none of this would have been possible
your doing better! Keep up the great work MOD!
yes! analogdog!
ok we all know who the leader of our crew is
I figure since you have all the power I should ask!
ROFLMAO I am trying
Come on assistant Fed>>>Get this puppy up!
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