Africa Growth Corp. (fka AFGC)

[windough-shopper]

true

till now they have had to pay NOTHING to maintain their new public status and made no deals

[t_b1209]

A RS isn't a concern Ive had either. I'm just playing The interferance suit. Other than that....

[windough-shopper]

cause AMIN stock goes down and down and they had to try to give something to shareholders

[$hellKing]

When I said "they" I meant the management. Since usually when I see spin offs the same management run things.


I dont see why "they" would do a RS after just hooking up shareholders with a free divy....

[$hellKing]

Thanks, I already knew that.

[$hellKing]

Thats what I was talking about. Why would American do a divy/spin off and give free shares to their shareholders and then BRHM do a RS? Its completely illogical.

[t_b1209]

O/S count from 2nd qtr 10Q to 3rd qtr 10Q barely changed. Theres no sign of massive dillution coming yet. IMO

[t_b1209]

AMIN did the dividend . Not BRHM

[windough-shopper]

I repeat

BRHM paid no dividend

[$hellKing]

In April 2010, American, the sole stockholder of Brenham Oil & Gas, Inc., entered into a Separation and Distribution Agreement to spin off Brenham Oil & Gas, Inc. from its parent. In conjunction with this transaction, American formed Brenham Oil & Gas, Corp., a Nevada corporation, with authorized common stock of 200,000,000 shares and authorized preferred stock of 10,000,000 shares. Brenham issued 64,977,093 shares of common stock to American for all shares of Brenham Oil & Gas, Inc., of which American issued as a dividend 10,297,019 shares to the existing stockholders of American, on a one-for-one basis. Brenham issued 13,000,000 shares of common stock for cash consideration of $22,100 and 22,000,000 shares for services valued at $45,466. American maintains control of Brenham through ownership of 54,680,074 shares of Brenham's common stock, representing about 55% of the outstanding shares as of June 30, 2011.

[windough-shopper]

they didnt pay a dividend

[$hellKing]

Well there are a bunch of cos like this and they all trade up pretty nicely .40s-1.00s. I watch them every day. Dont see why a RS would come they would of just paid a smaller divy or not done it at all.

[windough-shopper]

I dont think its goin anywhere......They will need to raise money not just to survive but to grow, as such, there is massive dilution on way, and maybe a reverse split? My guess!

[$hellKing]

Thanks. Someone told me you need 20+ requests to get it done or someone with a stockcharts paying account. Should get some extra eyes on her.

[Carlito]

BRHM <<>> Symbol Request Completed


gl !!

[$hellKing]

Stockcharts request please


http://stockcharts.com/help/doku.php?id=support:feedback:symbol_request

[24seven]

Nice bounce...I am considering an investment. Any comments? Don't have to much time for D/D this weekend. From what I've read here they're having some legal troubles? From their website I conclude main focus is in Africa. Everyone appears to have an international background...IMO

[windough-shopper]

I know the following from the report is somewhat boilerplate

But coming from a company that at present has no assets to speak of

Given its current price

Its cause for concern, NO?

We expect to incur substantial expenses and generate significant operating losses as we pursue our efforts to identify prospects, develop those prospects and as we:

? purchase and analyze seismic data in order to identify future prospects;
? opportunistically invest in additional oil and gas leases and concession licenses;
? develop our discoveries which we determine to be commercially viable; and?
? incur expenses related to operating as a public company and compliance with regulatory requirements.

[windough-shopper]

PS,

I am a shareholder of BRHM....It is MY hope that they will get big $$$ from the suit.....My fear is that for them to grow, they will dilute us badly.....Unless of course, the 2 companies settle soon

[windough-shopper]

it is not my intention to bash BRHM, however, the lease is less than meaningless and the fact Anadarko is involved, is meaningless as well

the only thing BRHM has going for it, as of now, is the law suit

[t_b1209]

Thats right. I said "small" lease deal. And anadarko being a fairly large oil company. It's an asset nonetheless but the worth is in being recognized and dealt with by Anadarko.
IMO

[windough-shopper]

Huh?

they get pennies from the lease!

[t_b1209]

Theres a small lease deal with Anadarko Petroleum . Brenhams recognized by a fairly large oil company anyway. IMO

[t_b1209]

[windough-shopper]

I have just been told that after all this time, SCOTTRADE has made it free trading, till now it wasnt. Maybe those that have it there will sell?

[windough-shopper]

I think that shares did go up. They also paid 2 million shares for the field, valued at .25. I could guess the seller will want more, but even if he doesnt, new sellers of fields will be given millions more shares.

I dont know

[t_b1209]

O/S shares barely changed. encouraging

[windough-shopper]

did anyone read the Q that came out?

opinions?

[windough-shopper]

As an FYI

Today, the BID on AMIN was .05 above its all time low. Everyone that is in AMIN has a huge loss. The stock has been in a downtrend, relentless downtrend for 3 plus years.

BRHM was a free spinoff of AMIN, free shares, free money. IMO there is an excellent chance all those in AMIN with huge loses will sell BRHM to recoup some of the loss. Just MO, of course.

While the lawsuit can be a big winner, at this point in time, it is too far in the future and too uncertain to make this stock a buy.

The President of BRHM is worldclass, I personally am surprised he has taken such little interest in the shares and the plight of shareholders.

[$hellKing]

What are some good full service firms? Like Wells Fargo, BOA, etc? Or there some other ones? At this point I dont mind paying 50 bucks a trade to say the truth. If it gives me a better chance to not have any DTC hassel etc I would pay it.

[OilStockReport]

Those discount firms are very tough to deal with if you intend to deposit any stocks for new companies or compensation. Most won't even take Pink or OTCBB. You have to use more full service firms which of course the fees are higher.

I do like most of the changes they have been implementing as it does weed out some of the trash and opens up more opportunities for those that work hard and have ethics.

[OilStockReport]

I will see if we can reach back out to them. Potential to do well is here maybe they just need some help getting it organized. Will be staying tuned.

[windough-shopper]

they gave 2 million shares when the stock was .25 for some oil "deal"

for the same deal they wuld now have to give 5 times as much, maybe more, so one can see the dilution possibilities

[$hellKing]

I use Etrade, JT2, Fidelity, Ameritrade but they are going the way of the dodo DTC. Hopefully this will all pan out but more laws the more bandits. It will never end in this world.

[windough-shopper]

we BOTH know we offered em great ideas for HMDI, that would triple or more the revenues and actually have em show profits

we BOTH know we offered em idea on AMIN that would turn em into a BIGGER BETTER PROFITABLE company

we BOTH know if we were involved with BRHM we could bring our guys in and our ideas in

but we BOTH know that they are close minded and if THEY dont think of it, they dont want any other ideas

HOW HAS THAT WORKED THE PASt 12 years for em?

[windough-shopper]

They are TOO BIG and TOO SUCCESSFUL to respond to me

(Im being sarcastic)

AMIN is a loser, HMDI is a loser, I tried to help em and NADA

BRHM may become one as well

[OilStockReport]

Thanks for your insights. It is a tough climate out there its good to exchange feedback. What firms are you clearing through these days if you don't mind me asking?

[OilStockReport]

Yeah I am pretty confused at what strategy they are trying to use here. Management is solid and West Texas is one of my favorite regions so hopefully they will get it together. Have you talked to management recently?

[windough-shopper]

as of now they have NO oil assets

the only "asset" i sthe law suit and the last deal they made

they have to BUY some assets to get revenue.....or how will they fund going forward

at this stock price they will dilute the crap out of it to raise any $$$

[$hellKing]

That's exactly what it is. Got to have a paper trail now. These firms are losing a ton of money with counterfeit certs. Hopefully this will all work out for the best in the future for all of this.

[OilStockReport]

Yeah the climate has changed a lot for Pink Sheets. I am taking two OTCBB companies public now and want to focus almost entirely on OTCBB, AMEX and NASDAQ plays but there are still good Pink Sheet deals out there.

Dealing with a small full service firm, having all the reporting done through OTCBB markets and a solid paper trail seem to be the receipt for getting shares deposited for funding etc. What do you think?

[$hellKing]

OT: Yep mostly play RMs and shell plays. But staying away from pinks now bc too much bad stuff happening with brokers and dtc.

[OilStockReport]

I don't think its called OCD I think its called paranoia LOL jk.

SK you play reverse mergers?

[OilStockReport]

I agree with your point there the shareholders don't seem to be getting any return on investment. The price per share is speaking for itself. I am surprised Scott doesn't have a market plan here.

[OilStockReport]

WS do you know what means they have to fund yet?

[$hellKing]

Yeah.lol Maybe they are just doing that to mess with you bc they say you post that. I get the strangest things after I post something on IHUB. Its like everyone MMs investors are reading my posts and they do things out of jokes or bitterness or just plain weird synchronicity. Sometimes it gets baffling. Or they are just matching their positions. Probably got ocd.lol

[windough-shopper]

well

did you see that?

1000 trades on both?

someone is marking it up?

I have been reading the YHOO message board on them, and there is a poster who has been saying that for a while!

Whoever is doing it......shouldnt be doing it

[$hellKing]

LOL the same person dumping their 2 positions. Good way to cross match.

[windough-shopper]

so it trades 136 shares

I also see AMIN traded exactly that much as well

Im guessing that most shareholders will dump their free BRHM shares to make up the loss they have from AMIN


I wouldnt buy BRHM

[$hellKing]

Also sometimes fees come early and then come late. Ive gotten fees real quick then gotten them later ie months. So its always good to keep 500 or 1k in your acct cash in case of these issues. If you sell 5k shares and it goes to 5 diff brokers then there is 5 diff fees. So it can get ugly, real ugly. Been doing this for the past few years. But most people are just now catching on.