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When a $5 share price was predicted, was that a lie?
Any fool can make up numbers booking "reserves." Still not a penny in reported revenue much less income. I'm sure BCME will keep trying with their misdirected PR's and a CEO with a fake PhD.
So when BCME said teh FOLLOWING, they lied?
University Field, BCM's first acquisition (July 2010), serves as a model for pending acquisitions and field operations. BCM acquired University Field in a state of financial and operational distress and has since restored production and booked substantial proven reserves from the field.
For the month of July 2011, University Field sold 1363 barrels of oil. University Field, not BCME. If the company, BCME, were to state that BCME sold 1363 barrels of oil they would be commiting out and out fraud since that would be a lie. Where are the financial filings to show BCME's revenue? I can't seem to find them anywhere.
No assets?
So when they said the following
THEY LIED?
If so, shouldnt teh SEC have shut trading down?
Or
Did it fall thru the cracks?
University Field, BCM's first acquisition (July 2010), serves as a model for pending acquisitions and field operations. BCM acquired University Field in a state of financial and operational distress and has since restored production and booked substantial proven reserves from the field.
For the month of July 2011, University Field sold 1363 barrels of oil from field operations. Year to date, BCM Energy has sold 6,158 barrels of oil from field operations in University Field.
Proven and probable (2P) reserves associated with University Field have a discounted present value (PV10) of $41,245,950 as of a March 1, 2011 reserve summary prepared by management. Total proven reserves equal $11,776,400 which represents 28.5% of 2P reserves, indicating attractive potential for growth. This reserve report only accounts for 6 of the 19 wells in-field. Management has engaged Mire & Associates to prepare an updated reserve report on University Field for public release scheduled for late September.
This should be an excellent short play after the R/S. An arificially inflated share price for a company with no assets and a bogus PhD CEO should plunge to subpenny very quickly.
I am sorry you lost money
we never lied to you, as we know in person the crooks who run this.
we told you over and over
they own 85% of the shares so any requests of the shareholders for thoughts is irrelevant and already predetermined
it is what they do - steal
the DOJ and 3 other agencies have all but to arrest them, and they will
it just takes allot more time than people think when terrorism and bigger things take center stage first
stay out of pinks - you are never in control - ever
No winners in a pinkie scam, only losers across the board.
Have you done enough dd to have come across the names Clayton Smith and Brandon Toth?
Yes, you are correct. I should be buying shares in a proven scam with a fake PhD CEO and an upcoming reverse split. I am lamenting the fact that I have just missed the investment opportunity of a lifetime. By the way, will the r/s mean that share counts will finally be revealed? Just remember that infinity divided by 50 is still infinity.
can't even dump it at a dime
The worthless production PR is just a setup so insiders could potentially dump more shares while buoying the share price. Too bad it won't work.
Latest production news is driving this thing nowhere. When the CEO has a fake PhD it's real easy to see where the rest of the operation is a fake also.
Big deal. News so outstanding it gets published on a Friday after hours? Pay off the middlemen and overhead and BCME is lucky to break even. Once mr fake phd bailey gets his hands in the till there's negative value. This is just a PR to enable more free insider shares to be dumped before this thing goes subpenny. Production news after hours on a Friday stinks more than sour crude.
NEWS afterhours- 8/12/11
BCM Energy Partners, Inc. Production and Reserve Update
print
Bcm Energy Partners (PL) (USOTC:BCME)
Intraday Stock Chart
Today : Friday 12 August 2011
BCM Energy Partners, Inc., (OTC: BCME) is an acquisition company focused on acquiring and developing distressed oil and gas fields in onshore Texas, Louisiana and Mississippi.
University Field, BCM's first acquisition (July 2010), serves as a model for pending acquisitions and field operations. BCM acquired University Field in a state of financial and operational distress and has since restored production and booked substantial proven reserves from the field.
For the month of July 2011, University Field sold 1363 barrels of oil from field operations. Year to date, BCM Energy has sold 6,158 barrels of oil from field operations in University Field.
At present there are three (3) producing wells in the field, with workovers in process on multiple shut-in wells. Management anticipates returning as many as ten (10) wells to production over the next twelve (12) months. Total production from these ten (10) wells could reach 180 barrels of oil per day.
University Field is a producing oil field in East Baton Rouge parish, LA comprised of approximately 300 gross acres with 19 wells in-field, of which most are workover candidates. Management has identified at least one proven undeveloped drilling location, with plans to begin drilling in late 2011.
Proven and probable (2P) reserves associated with University Field have a discounted present value (PV10) of $41,245,950 as of a March 1, 2011 reserve summary prepared by management. Total proven reserves equal $11,776,400 which represents 28.5% of 2P reserves, indicating attractive potential for growth. This reserve report only accounts for 6 of the 19 wells in-field. Management has engaged Mire & Associates to prepare an updated reserve report on University Field for public release scheduled for late September.
About BCM Energy Partners, Inc.
BCM Energy Partners acquires distressed oil and gas assets with the intent to build a portfolio of proven reserves associated with producing wells. Since late 2007, BCM Energy Partners has been actively developing a network of field owners and managers throughout the Gulf Coast with a focus on identifying distressed, "off-the-radar" opportunities. BCM has an effective management team that is well-connected within the Gulf Coast oil and gas industry with over 100 years of collective experience acquiring and exploiting oil and gas assets. Management is supported by impressive roster of equity-incentivized advisors from the corporate finance and energy industries. More information is available at www.BCMEnergy.com.
Forward-looking statements speak only as to the date they are made, and except for any obligation under the U.S. federal securities laws, BCM Energy Partners undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events
I feel sorry for those poor souls who got suckered into BCME back in May and June when the SP was between .60-.75. Now if they want to sell, it's only worth .14. What a SCAM!
Date Open High Low Close/Last Volume
08/10/2011 0.249 0.249 0.14 0.249 5,450*
08/09/2011 0.14 0.249 0.14 0.249 4,900
08/08/2011 0.14 0.279 0.14 0.279 200
08/05/2011 0.10 0.28 0.10 0.28 200
08/04/2011 0.348 0.348 0.16 0.348 11,057
08/03/2011 0.15 0.30 0.15 0.16 26,025
08/02/2011 0.19 0.39 0.10 0.39 18,221
08/01/2011 0.40 - - 0.40 0
07/29/2011 0.13 0.40 0.13 0.40 5,100
07/28/2011 0.42 0.42 0.12 0.42 24,900
07/27/2011 0.26 0.38 0.20 0.38 8,700
07/26/2011 0.35 0.489 0.20 0.469 5,400
07/25/2011 0.549 - - 0.549 0
07/22/2011 0.549 0.549 0.549 0.549 195
07/21/2011 0.35 0.549 0.30 0.549 35,300
07/20/2011 0.549 0.549 0.549 0.549 3,000
07/19/2011 0.34 0.549 0.34 0.549 15,700
07/18/2011 0.34 0.50 0.34 0.50 15,570
07/15/2011 0.20 0.50 0.20 0.50 600
07/14/2011 0.20 0.50 0.20 0.50 433
07/13/2011 0.548 - - 0.548 0
07/12/2011 0.13 0.548 0.13 0.548 400
07/11/2011 0.584 - - 0.584 0
07/08/2011 0.584 - - 0.584 0
07/07/2011 0.35 0.584 0.35 0.584 1,100
07/06/2011 0.584 - - 0.584 0
07/05/2011 0.41 0.584 0.41 0.584 1,100
07/01/2011 0.584 0.584 0.45 0.584 10,400
06/30/2011 0.10 0.589 0.10 0.589 10,200
06/29/2011 0.50 0.589 0.50 0.589 1,000
06/28/2011 0.52 0.60 0.52 0.60 2,600
06/27/2011 0.50 0.59 0.35 0.59 6,600
06/24/2011 0.30 0.61 0.30 0.61 3,327
06/23/2011 0.73 - - 0.73 0
06/22/2011 0.73 - - 0.73 0
06/21/2011 0.73 - - 0.73 0
06/20/2011 0.73 - - 0.73 0
06/17/2011 0.73 - - 0.73 0
06/16/2011 0.73 - - 0.73 0
06/15/2011 0.73 - - 0.73 0
06/14/2011 0.73 - - 0.73 0
06/13/2011 0.73 - - 0.73 0
06/10/2011 0.73 - - 0.73 0
06/09/2011 0.73 - - 0.73 0
06/08/2011 0.73 - - 0.73 0
06/07/2011 0.73 - - 0.73 0
06/06/2011 0.73 - - 0.73 0
06/03/2011 0.73 0.73 0.70 0.73 6,900
06/02/2011 0.30 0.30 0.30 0.30 500
06/01/2011 0.69 0.69 0.69 0.69 400
05/31/2011 0.69 0.69 0.50 0.65 5,390
05/27/2011 0.50 0.65 0.50 0.65 200
05/26/2011 0.73 0.73 0.40 0.65 9,350
05/25/2011 0.54 0.54 0.42 0.42 5,000
05/24/2011 0.68 - - 0.68 0
05/23/2011 0.68 - - 0.68 0
05/20/2011 0.68 0.68 0.68 0.68 2,000
05/19/2011 0.69 0.69 0.68 0.68 6,000
05/18/2011 0.65 0.70 0.55 0.69 7,460
05/17/2011 0.53 0.848 0.52 0.75 37,269
05/16/2011 0.60 0.70 0.52 0.70 8,415
05/13/2011 0.689 - - 0.689 0
05/12/2011 0.689 - - 0.689 0
05/11/2011 0.72 0.72 0.54 0.689 29,715
05/10/2011 0.719 0.719 0.719 0.719 1,300
Not too much longer until insiders have sucked this dry and it's in subpenny land like all other pinkie shell scams.
Ongoing comedy show.
It's interesting enough to get you to read the board everyday- wouldn't you say.
its meaningless
There is nothing interesting about a bogus scam company and bogus PhD CEO.
THese 100 share buys and asks are interesting. Yesterday was a paint up. Today is a paint down. HMMMMMMMMM- someone must want more today
MM's will slide in under like they always do with the pinkies. Plus the only volume here is insiders selling off. $5 dollar predictions only a few months ago. This scam goes nowhere.
Only 1 MM under .80. We are thin
The line about the PhD is true. It's not silly, it's sad and a HUGE RED FLAG for investors.
True, IF IF IF
The line about the PhD is silly!
If, if, if...If you put lipstick on this pig it's still a pig. All past managements have done nothing but scam and lie and this management is no different. BCME has a CEO with an unaccredited purchased PhD that he attaches to his name. A professional scammer as CEO! If, if, if,if is a great investing strategy. Good luck.
Yes we have
MAYBE, this time its different
If they raise the $$$, if they get on AMEX/BB, If they buy huge asset
ITS A HUGE WINNER
We have seen it all the time. Meaningless fluff PR's that create bogus interest and allows insiders to sell off their free shares. Happens all the time here.
We will all see it at the same time
Wow that makes me real excited!
When will all that you say happin here in the BCME world?
Anything but
They are raising $8 million
They are getting on AMEX/BB
They will have institutions buying
They will do well, very well, so will we
Im a buyer
being a scam has nothing to do with why price is low
gotta be something else
I am suprised we are this low. Just not much buying interest. So few shares available under .80 but we are finding a few weak people move on to other plays. Take em out and let's move back aboive .50
$8 million raise
for a huge deal
going on AMEX
we will be BIG!
Any remember Dr Bailey from Black Dragon Resources? Google Black Dragon Scam, LOL it is amazing how some of these guys are still around. LOL
The volume,as always, is insiders selling off free shares.
The volume was jup this week. That is a fact. Let's hope the saying holds true "volume before price"
Of course people are buying. Rumors of a fake PhD CEO and a scam company are patently false. Rumors of an ExxonMobil buyout are true. This company has a huge future for savvy investors like yourself.
100% buys today. LOL
Why would the price be falling on rumors of ExxonMobil involvement here?
Actually, when ExxonMobil buys BCME the stock will soar beyond $5 a share. If you remember correctly, the highly esteemed CEO of BCME, Dr. Gerald Bailey, is a former vice president of ExxonMobil with unlimited contacts throughout the oil and gas industry. I would suggest you reread his company resume and then reevaluate whether or not you feel you are wasting your time here. Good luck.
Cool. I am happy that you are invested here. Other wise it would be a HUGE WAISTE OF TIME to remain here.
Not me. I'm waiting for the promised $5. Shouldn't be much longer.
How do you know it's an insider selling? For all we know it could be YOU selling.
$4760 of insider sell off for BCME. This stock is now behaving exactly as predicted. It's just taking a little longer. I wonder if the CEO with the fake PhD sold them off?
With BCME volume, like everything else, is a joke. The best joke is the fake PhD CEO. Sort of lends the authenticity of a true joke, having a fake PhD.
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BCM Energy Partners: Name Change Effective 4/13/2011 |
BCM Energy Partners, Inc. Common Stock (USOTC:BCME) |
Dr. Raymond G. (Jerry) Bailey P.E.
Chairman & CEO
Dr. Bailey was the former President of Exxon, Arabian Gulf and has over 45 years of experience in both
upstream and downstream elements of the petroleum industry in particular the U.S.A. Gulf Coast, onshore
and offshore, the Middle East and North Africa and the Caribbean. He has extensive supervisory and
management experience and received a BS degree in Chemical Engineering from University of Houston
and an MS from the New Jersey Institute of Technology and a PhD in Engineering from Columbia Pacific.
From 1978 to 1997 he worked for Exxon in the Middle East, his last position at Exxon was President,
Arabian Gulf based in Abu Dhabi in the United Arab Emirates. In this role he was responsible for
the co-ordination of all of Exxon’s business interests in the Arabian Gulf. In previous roles within Exxon he
was the Operations Manager responsible for managing production in excess of 300,000 barrels of oil per day
and 600 mmcf gas per day. Since retiring from Exxon, Dr. Bailey has been consulting and managing private
energy operations throughout the U.S. Gulf Coast. Dr. Bailey is a registered Professional Engineer in Texas.
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