Apollo Resources International, Inc. (fka AOOR)

[MWM]

grabbed me some here!

[rattlewatch]

An 8K/A out today,looks as though they have decided to go private after all.Question is now how much per share,better be the same .035 as anounced.
-----------------------------------------------------------
From the Def 14c 5/29/07
The Reverse/Forward Stock Split is comprised first of a reverse stock split (the “Reverse Split”) pursuant to which each 65,000 shares of Common Stock registered in the name of a stockholder immediately prior to the effective time of the Reverse Split will be converted into one share of Common Stock, followed immediately thereafter by a forward stock split (the “Forward Split”), pursuant to which each share of Common Stock outstanding upon consummation of the Reverse Split will be converted into 65,000 shares of Common Stock. Interests in fractional shares owned by stockholders owning fewer than 65,000 shares of Common Stock, whose shares of Common Stock would be converted into less than one share in the Reverse Split, will instead be converted solely into the right to receive a cash payment of $0.035 per share owned by such stockholders prior to the Reverse Split. However, if a registered stockholder holds 65,000 or more shares of Common Stock in his or her account immediately prior to the effective time of the Reverse Split, any fractional share in such account resulting from the Reverse Split will not be cashed out and the total number of shares held by such holder will not change as a result of the Reverse/Forward Stock Split.
http://www.sec.gov/Archives/edgar/data/1048237/000095013407012487/d47136def14c.htm
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From todays 8KA :
The Company filed an 8-K dated January 23, 2008 (the “Filing”) and the Company hereby files this form 8-K to update that disclosure.


As of March 26, 2008, Apollo Resources International, Inc. (the “Company”) has not completed its “going private transaction”. The Company continues to work toward completion of its past due filings and management now expects to complete the filings per the following revised schedule:



FINANCIAL FILING EXPECTED FILING DATE
10K Annual Report for 2006 April 30, 2008
10Q Quarterly Report for the period ended 3/31/07 May 31, 2008
10Q Quarterly Report for the period ended 6/30/07 June 30, 2008
10Q Quarterly Report for the period ended 9/30/07 June 30, 2008
10K Annual Report for 2007 June 30, 2008





The SEC requires that the Company’s past due filings be current prior to proceeding with the going private transaction. After reviewing its options over the past several weeks, the Company intends to proceed with its going private transaction.

http://www.sec.gov/Archives/edgar/data/1048237/000126847108000013/form8kar032607.htm

[rattlewatch]

EBOF 8K with a mention of AOOR from 2/26/08.


Section 2 – Financial Information


Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.


On February 20, 2008, WN Truck Stop, LLC. a Texas limited liability company (“Borrower”), a subsidiary of Earth Biofuels, Inc. (the “Company”), in which the Company has a fifty percent (50%) member interest (with Trucker’s Corner, LP as the other member of the Borrower) entered into a $4,750,000.00 secured promissory note (the “Note”) with SBL Capital Funding, LLC, a New Jersey limited liability company (“Lender”).


Pursuant to the terms of the Note, Lender provided Borrower with a one year term loan facility. The note will mature on February 20, 2009 (the “Maturity Date”) and includes provisions to extend the maturity date provided the conditions disclosed in the Note are satisfied. Prior to the Maturity Date, the Borrower may prepay the Loan with penalties comprised of all interest at the interest rate on the entire principle sum, that would have accrued, absent prepayment on the principal sum prepaid by Borrower through September 1, 2008, with credit for all interest received at the Note rate. The obligations under the Loan are secured by a deed of trust and security agreement exercised in favor of Lender consisting of the property known as “Willie’s Place” and furthermore such obligations are guaranteed by the Company and Apollo Resources International, Inc., a related entity.


The proceeds from the financing provided pursuant to the Loan will be used to complete the construction of “Willie’s Place at Carl’s Corner.”


This description of the Loan is only a summary, does not purport to be complete and is qualified in its entirety by reference to the full text of the Loan.


The full text of the Loan is attached as Exhibit 99.1 to this Current report on Form 8-k and is incorporated by reference herein.


Section 8 – Other Events


Item 8.01 Other Events.


On February 25, 2008, the Company issued a press release announcing its entry into a loan facility with SBL Capital Funding, LLC. A copy of the press release is attached hereto as Exhibit 99.2.

http://www.sec.gov/Archives/edgar/data/1268471/000126847108000007/form8-k.htm

[rattlewatch]

8K filed 1/23:

As of January 11, 2008, Apollo Resources International, Inc. (the “Company”) has not completed its “going private transaction”. The Company continues to work toward completion of its past due filings, and management expects to complete the filings per the following schedule:



FINANCIAL FILING EXPECTED FILING DATE
10K Annual Report for 2006 March 7, 2008
10Q Quarterly Report for the period ended 3/31/07 March 10, 2008
10Q Quarterly Report for the period ended 6/30/07 March 23, 2008
10Q Quarterly Report for the period ended 9/30/07 April 6, 2008
10K Annual Report for 2007 April 13, 2008



The SEC requires that the Company’s past due filings be current prior to proceeding with the going private transaction. In the meantime, with the change in oil and gas market conditions, i.e., drastically higher domestic crude oil prices, the Company is reviewing its options with regard to maximizing shareholder value and is considering alternative courses of action.

http://www.sec.gov/Archives/edgar/data/1048237/000126847108000006/form8-kar012208.htm

[silverbull]

AOOR is ready to rock, yesterday more then 2 million volume.

[S_Stardust]

Hey lads,

I'm in...bought some few @ 0.006, and will add more if we don't see a bounce from here soon. I think this donkey will be a gainer within weeks.

GTLA

S_Stardust

[meanstreet_dude]

My btokrt informed me of a reverse split on Apollo. Terms unknown??

[meanstreet_dude]

Private buyout at $0.035 is what the company valued AOOR at, even with high oil prices. I guess we will be taken out on the cheap eventually. All quiet on this one.

[silverbull]

Currently AOOR has 376,738,622 shares of common stock OS

AOOR has 140,000,000 shares of EBOF (0,085 USD/share) = 11,900,000 USD / 376,738,622 shares = 0,031 PPS

Current PPS -> 0,014 !!!!!

[silverbull]

Who has the most shares off EBOF --> AOOR.PK !!

[silverbull]

Nice week for AOOR despite the general markets are weak.

[silverbull]

Todays orders

0.012 7500 OTO 15:43:59
0.012 500 OTO 15:43:37
0.012 1000 OTO 12:59:30
0.01 100000 OTO 11:05:31
0.01 100000 OTO 11:04:51
z 0.01 50000 OTO 11:04:33
0.01 50000 OTO 11:03:55
0.01 50000 OTO 11:02:33
0.01 10000 OTO 10:37:34
0.01 10000 OTO 10:31:10
0.01 5000 OTO 10:28:43
0.009 5000 OTO 10:21:46
0.009 20000 OTO 10:19:02
0.009 20000 OTO 10:18:56
0.25 200 OTO 10:08:00
0.06 1500 OTO 09:59:55
0.04 500 OTO 09:52:06
0.012 7500 OTO 09:30:02

that order 200 for 0,25 USD WTF.

[laji]

Doesn't the reverse split get canceled?
I call them, they said it is delayed because the annual/quarter report is not current

[silverbull]

SBSH raises bid and ask, game on.

[paper]

I read carefully. I do not intend to surrender my certificate I called transfer agent that told me to talk to Jessie OROPESA but his telephone is disconnected. The company telephone mentioned on the web site is disconnected too.I hope that sec will not give them a license to cheat on shareholders like us.If they want to become privet company then their worth should be evaluated by outside agency and the shareholders have to be compensated accordingly.The company is still up and running, but they are hiding. If everything is proper. Why they are hiding? They say it is mandatory but my money is mandatory too. I hope that shareholders in my position feel the same.How the SEC let them get away with this?

[silverbull]

scheduled AOOR 1:65,000 RS followed immediately by a 1:65,000 F/S around june 15, 2007 per DEF 14C filed 5/29/2007

Summary of Terms of Reverse/Forward Stock Split
The following is a summary of the material terms of the proposed Articles of Amendment, the Reverse/Forward Stock Split and the other transactions contemplated in connection with the Reverse/Forward Stock Split.
This Information Statement contains a detailed description of the terms of the proposed Articles of Amendment and the Reverse/Forward Stock Split. We encourage you to read the entire Information Statement and each of the documents that we have attached as an Annex to this Information Statement carefully.
§ The Board, including all of the non-employee directors, has authorized, and the Company’s stockholders have approved, a 1-for-65,000 Reverse Split of our Common Stock, followed immediately thereafter by a 65,000-for-1 Forward Split of our Common Stock. See also the information under the captions “Structure of the Reverse/Forward Stock Split,” and “Recommendation of the Board; Fairness of Reverse/Forward Stock Split” in this Information Statement.

§ The Board, including all of the non-employee directors, has determined that the Reverse/Forward Stock Split is fair to and in the best interest of all of our unaffiliated stockholders, including those stockholders owning shares being cashed out pursuant to the Reverse/Forward Stock Split and those who will retain an equity interest in our Company subsequent to the consummation of the Reverse/Forward Stock Split. See also the information under the caption “Recommendation of the Board; Fairness of the Reverse/Forward Stock Split” in this Information Statement.

§ A majority of the votes entitled to be cast by holders of the issued and outstanding shares of Common Stock was required to approve the Reverse/Forward Stock Split. Stockholders holding 197,893,644 shares of our issued and outstanding Common Stock, or 52.5% of the total Common Stock, was voted in favor of the Reverse/Forward Stock Split and the Articles of Amendment.

§ When the Reverse/Forward Stock Split becomes effective, if you hold at least 65,000 shares of Common Stock, the number of shares of Common Stock that you hold will not change, and you will not be entitled to receive any cash payments. You will not need to take any action, including exchanging or returning any existing stock certificates, which will continue to evidence ownership of the same number of shares as set forth currently on the face of the certificates. See also the information under the caption “Description of the Reverse/Forward Stock Split” in this Information Statement.

§ When the Reverse/Forward Stock Split becomes effective, if you hold fewer than 65,000 shares of Common Stock, you will receive a cash payment of $0.035 per pre-split share. As soon as practicable after the Effective Date, you will be notified and asked to surrender your stock certificates to the Exchange Agent. You should allow for approximately five (5) business days after mailing for the Exchange Agent to receive the stock certificates surrendered. Upon receipt of a properly completed letter of transmittal and your stock certificates by the Exchange Agent, you will receive your cash payment within approximately five (5) business days. See also the information under the caption “Description of the Reverse/Forward Stock Split—Exchange of Certificates for Cash Payment or Shares” in this Information Statement.

§ The Reverse/Forward Stock Split is not expected to affect holders of warrants. See also the information under the caption “Special Factors—Effect of the Reverse/Forward Stock Split on Option Holders,” “Special Factors—Effect of the Reverse/Forward Stock Split on Warrant Holders” and “Special Factors—Effect of the Reverse/Forward Stock Split on Holders of Outstanding Convertible Debentures” in this Information Statement.

[paper]

called the transfer agent. They said that if I don't cash it it will be worth nothing.IS it worth to get a lawyer as a group.

[paper]

Hi.
The broker send me a certificate for my shares and told me that company is applied to become privet and they pay 0.035 per share and to call the transfer agent my average about 15 cent.
Can I do something to make them pay for my initial investment or it lost cause.
Thank you anybody who can answer.
PS> He also told me that it mandatory by the company ( Don't know what it means).Company is not government.

[silverbull]

NEWS:


Press Release Source: Apollo Resources International, Inc.


Apollo Resources Announces Termination of Sale to Imperial Petroleum
Tuesday August 21, 3:04 pm ET


DALLAS--(BUSINESS WIRE)--Apollo Resources International, Inc. (Pink Sheets:AOOR - News) today announced that a proposed sale of one of its wholly owned subsidiaries' oil and gas assets has been terminated.
Apollo Resources CEO, Dennis McLaughlin, stated, "Apollo did not agree to Imperial's proposed terms of the transaction. On August 17, Imperial decided to terminate."


I think that is good news, with an rising oil price it is stupid to sell those assets.

They are now 14 MM's on 0,01 USD on the bid maybe this is the bottom.

[silverbull]

MAXM on the bid for 0,014 that is good news for AOOR.

[silverbull]

RBCM is on the bid, nice.

[Crypt Keeper]

Up again today on modest volume. So is EBOF and APDR. Anyone have any idea what is going on? Price is still far below what most people got in at but any increase is nice.

[silverbull]

Nice day + 37,5%. I think we have seen the bottom.

[silverbull]

Current value of AOOR: 139 M EBOF X 0,195 US/share = 27 M
19,9 M APDR X 0,09 US/share = 1,79 M
5 M IPMN X 0,3 US/share = 1,5 M
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30,29 M value
There are 376.738.622 OS
That is 0,08 US/share AOOR

[pucara]

tx SA will keep checking in with ya on this 1 tx again for all your help

[Stock Analyzer]

well AOOR still needs to make a higher low and high...that will get us out of this crappy downtrend

[pucara]

not in but watching very closely, liked the volume a few days back but didnt follow thru , so im wondering if its still a good candidate

TX

[Stock Analyzer]

pucara, as long as the MACD line does not go down below the signal like...which its close to doing now....are you in?

[pucara]

Are you still keen on this 1 SA?

[Stock Analyzer]

AOOR .033 annotated chart on Watch

[Crypt Keeper]

This is from the 8-k on the pinksheets page for Imperial Petroleum (IPMN). The only thing I see from Apollo is an 8-k dated 6-20 about a delay in the execution of the reverse/forward split. I noticed the escape clause in the split notice and wonder if all bets are off if this sale indeed goes through. With Apollo getting 5 million shares, that is 43% of the O/S listed as of 4-30-07 for IPMN.


ITEM 1.01 EXECUTION OF A MATERIAL DEFINITIVE AGREEMENT

Imperial Petroleum, Inc. (the “Company”) has entered into a Purchase and Sale Agreement (“Agreement”) dated June 19, 2007 to purchase certain oil and gas properties owned by Apollo Resources International, Inc. and its subsidiaries (“Apollo”). Under the terms of the Agreement, which is attached to this Form 8-K and incorporated by reference, the Company will pay Apollo $2.5 million and 5.0 million shares of the Company’s restricted common stock, assume up to $3.0 million in scheduled accounts payable, assume or discharge $0.8 million in bank debt of Apollo, post $0.7 million in bonds and assume the plugging liabilities for the properties. The closing is scheduled for August 1, 2007 and is subject to normal and customary due diligence requirements. The common stock issued under the Agreement to Apollo will have registration rights pursuant to a certain Registration Rights Agreement which is also appended hereto as an exhibit and incorporated by this reference.

The properties comprise 251 wells in 3 states and currently produce approximately 164 Bopd and 386 mcfpd net to the interests to be acquired.

The Company is preparing financial summaries of the properties subject to the Agreement which will be available within 60 days and filed as an amendment to this Form 8-K.

[I wanna buy]

this isnt the first time i was cheated out of my stock. I think the words "Sucker" must be written on my face or something. The management have so many shares it makes me puke. just another hazard of buying pennyshit stocks.

[silverbull]

AOOR is trading on symbol AOOR.PK. Friday on the end of the day there was an few mirror trades, that is an good sign. I think we are trading next week as normal.

AOOR Last: 0.032 Change: 0.00(0.00%) Volume: 719.37 k Last Trade: 6/15/07


Level II Quotebook
Time MMID Size Bid

Time & Sales
Price Size Exch Time
0.032 800 OTO 15:59:05
0.0325 10500 OTO 15:56:35 **
0.032 40000 OTO 15:56:34 **
0.032 20000 OTO 15:55:25
0.032 30000 OTO 15:54:52 **
0.0325 30000 OTO 15:54:49 **
0.032 40000 OTO 15:20:11 **
0.0326 40000 OTO 15:20:05 **
0.032 8000 OTO 15:05:21 **
0.0325 8000 OTO 15:05:21 **
0.0325 2000 OTO 14:46:35 **
0.032 2000 OTO 14:46:35 **
0.033 10000 OTO 14:45:20
0.033 56100 OTO 14:45:15
0.033 500 OTO 14:28:52
0.033 60000 OTO 13:20:48
0.033 35000 OTO 13:20:33
0.033 5000 OTO 13:20:22 **
0.034 5000 OTO 13:20:22 **
0.034 25000 OTO 13:20:22
0.034 5500 OTO 13:08:21
0.034 1000 OTO 13:08:16
0.034 3520 OTO 13:05:48
0.034 20000 OTO 12:49:06
0.034 5000 OTO 12:46:58
0.034 7000 OTO 12:24:59
0.034 5000 OTO 12:24:41
0.034 450 OTO 12:18:09
0.034 10000 OTO 12:12:03
0.034 50000 OTO 12:09:10

[Golden Member]

What´s now.

Are the shares gonna to be traded after the split. On yahoo last trade was in April.

[silverbull]

When will AOOR explode, watch EBOF and APDRE.

[rattlewatch]

My guess is, it may only last thru tomorrow, which i think is the shareholder record date.

[silverbull]

That is an good sign, people want to pay more than the buyout.

[rattlewatch]

.038x.039 .04 HOD,maybe someone trying to gain shares and round up before the 15th.

[rattlewatch]

Wonder why the heavy volume now.??HMMMM last was .037,which is above the buyout price of .035.

[eatlikeahippie]

I stand corrected, thanks rattlewatch

[Crypt Keeper]

I'd say if you can get up to 64,999 shares in the upper .02 range you might be able to get a couple bucks, but then again did you notice the "We reserve the right to cancel the split at any time" clause? I notice the guys pumping the heck out of APDR on that board. They keep talking about the great CEO and all I can think of is what he has done to AOOR and EBOF. My only hope is that the reason they want to go private now is because they see the large revenue starting to come, and they do not wish to share with the smaller shareholders. Even if they go belly up I wont be out much since I bought at an average of .08, but I really feel for those that bought at over $1. GLTY

[recolect]

true-makes sense-didnt know if i was missing something else - ty

[sublime]

it gets rid of the shareholders who held less than 65k...poof!

[cynic2005]

There is none, at least not for you and I.

The benefit to the majority holders is to buy out minority holders such as ourselves at a time the stock is at an all time low (and might I add that this has been aided/facilitateed by their lack of SEC reporting over the past 2 quarters)

[recolect]

not understanding the benefit of the r/s then an immediate f/s for the same amount... thoughts?

[JDUB]

APDRE, I believe .135 will hold. Probably will be tested, but many waiting to add at that level.

[rattlewatch]

This is from page 10 of the Def 14C,link below.

Q: What are some of the reasons for going private now?

A: Our Board believes that any material benefit from our public company status is outweighed by the significant and increasing costs of being a public company.

• Do not have significant staff to manage the aspects of being public

• Do not have the financial wherewithal to manage the implementation of Sarbanes-Oxley

See also information under the caption “Special Factors—Reasons for and Purposes of the Reverse/Forward Stock Split” in this Information Statement.

http://www.sec.gov/Archives/edgar/data/1048237/000095013407012487/d47136def14c.htm

[eatlikeahippie]

I think you are confusing not having to file with "going private".
AOOR haas never said they are going private.
I think they will still trade on the bulletin boards.

[Stock Analyzer]

APDR(e) looks like it has support at .135 .116 .074 here and I am not sure if it has bottomed out yet. If we go up we have resistance at .20 .21 ranges ahead



EBOF if we can hold OVER .135 .14 areas we might be set up nicely for a bounce up. Resistance is at .16 .23 .28 ahead



If you want any other charts or more detailed charts come on over to my Technical Analysts board and we can help you out :)

[rattlewatch]

Currently AOOR has 376,738,622 shares of common stock OS.AOOR is doing a 1:65,000 reverse split to eliminate shareholders.Once they have less then 300 shareholders AOOR will no longer be required to file reports with the SEC and can go private.

After AOOR goes private they are going to do a 65,000:1 forward split.The share price after the reverse/forward split will be exactly what it is currently.IMO .03 or less

Anyone with less then 65,000 shares will be paid .035 per share after the reverse split.

http://www.sec.gov/Archives/edgar/data/1048237/000095013407011978/d46944pre14c.htm