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Interesting about Nuearth and Domestic as its sister!
What you probably found from the Canton Repository:
By G. Patrick Kelley
CantonRep.com staff writer
Posted May 03, 2010 @ 07:12 PM
Last update May 03, 2010 @ 08:59 PM
ALLIANCE — A company that makes environmentally friendly products plans to bring more than 60 new jobs to the city — all on a chance Internet find.
NuEarth Corp. of Miramar, Fla., plans to close late this month on its purchase of the former Star Bronze Co. building at 803 S. Mahoning Ave., said Chairman Bruce Fischer.
“We’re just in the process of closing up,” he said. The company was looking at a site in Monessen, Pa., but “I was poking around on eBay, and the building came up for sale.
“It’s not necessarily the way most companies buy buildings,” but Alliance is an ideal location, he said. “I’m not going to question where we found it.”
The company will move its research laboratory here from Italy and begin production of three products in its AquaSolv line. All are vegetable-based and completely biodegradable, Fischer said.
NuEarth will bring 18 research and development people from Italy, and will hire another 18 for that operation here. About half of those will be people with advanced degrees in chemistry, engineering and related fields, he said.
“One of the attributes (of Alliance) was the number of colleges and universities in the area,” he said.
Manufacturing will ramp up during an 18-month period, for which the company will hire 52 to 55 employees, skilled and unskilled, beginning in September or October. The 65,923-square-foot building and 5.6-acre property leave plenty of room for expansion.
“We’re just coming into the U.S. market with our products,” Fischer said. The Alliance plant is expected to fill the company’s needs in North and South America.
Founded in Tel Aviv, Israel, in 1996, the company sells in Europe, the Mideast and Southeast Asia. It has manufacturing facilities in Tel Aviv and in Chiang Mai, Thailand.
The main attributes for locating in Alliance are the city’s easy access to highways, rail service, sea transportation in Cleveland, and air transportation. The company had been concentrating on Monessen, but of NuEarth’s top 10 needs, Alliance had nine, while Monessen had only five, Fischer said.
“We have large rail needs” along with highway access, and Norfolk Southern runs right next to the plant, and has a spur that runs onto the property.
The three products to be made here are for: keeping dust down on dirt and gravel roads; helping to compact the soil base for road construction; and, a liquid that makes oil and gas drilling easier and environmentally safer.
NuEarth has a sister company, Domestic Energy, that operates mostly in Tennessee, but has operations in Ohio, New York, Pennsylvania and Kentucky.
Star Bronze, maker of finishing and refinishing products, closed last year after being sold to a New York company that chose not to use the facility.
For those that are interested in connecting the dots..............
I found some information about our quiet little company(or maybe not so little) while looking into Dr. Bruce Fischer. Domestic Energy Corp. was mentioned in a local paper as a sister company of Nuearth(GREEN TECHNOLOGY) which is going to purchase a building in Canton, Ohio at the end of the month called the Bronze Star(Google it and see for yourself)! It's going to create jobs so it's something to talk about! Domestic Energy was mentioned as having operations in New York, Penn, Ohio, Kentucky and mostly Tennessee(this is news to me, except Tennessee, we know about that). It appears Nuearth, our sister company, has a lubricant that makes drilling easier and more enviornmentally safe(go figure)! Is Dr. Fischer really coordinating products and services that are related? Sure looks that way, but I'm still searching for more information! If we could only get news here, I would not have to dig up information that is costing me time, effort and money to try and confirm! Have a good weekend everyone and please feel free to HELP ME DO A LITTLE DD!!!!!!!!!!!!!!!!!!
We could really use some news around here! I check Tennessee Oil and Natural Gas news almost everyday. I see plenty of activity going on, but can't connect anything to Domestic Energy Corp. or AG oil&gas! That does not mean nothing is going on for us, it just means I can't find anything without official news that can be confirmed. Talk about frustration! I will say this, the potential is here, low Float and Outstanding shares, if nothing has changed. Energy is going to become a hotter sector going into the future, if we could only get good news to get this started! We had 90 wells with 5 targeted for deepening before Avalon Group took over! 7 months since the last update, HOW MUCH LONGER???????
Gamood) There has been an effort here by some to come up with information about Avalon, Domestic Energy Corp., AG Oil and Gas, the other 3 divisions, ect..., but very little can be found! After that huge reverse split of shares(1 for 1000), IMO unless you have been accumulating shares, you can't have much left to sell at tax time if needed(most loses are above 95%)! IMO if we have to wait until then for news, there will be nothing left here and sub-penny is a sure thing at this decline rate(heaven help us)!
You are correct IMO, without OFFICIAL NEWS to confirm, there is no question that hearsay and wishful thinking is all invenstors have to talk about on this board besides recent events in the industry/energy, closely related information/developments or a friendly chat off topic(until we get news of course, we know you don't like off topic)! So I guess you will be waiting in the wings until the company has something to report, let's hope we don't have to wait until TAX SEASON(7 months since the last update, besides the website)!
PennyPirate, I am still around, waiting for news from the company.
Until the company decides to issue an update, all discussions could be construed as hearsay or wishfull thinking. I will continue to hold untill I have a clearer picture of what the new company is all about or tax time occurs and I need to sell shares.
Doc) No, you are not wrong ($206,732)! The problem here is... If a tree falls in the forest with nobody around, does it still make a sound? With no news... DMEC could be sitting on the worlds biggest energy development, but if they don't tell anyone, who will know? WE NEED NEWS, or a penny is right around the corner IMO! Almost 7 months ago we had 90 wells in Tennessee, 4 divisions, GREEN TECHNOLOGIES, ect...! Speculative Buy, LOL! WHAT DO WE REALLY HAVE HERE is my question? Before I die, I'm going to find out one way or the other, even if I have to go to Tennessee and check on those wells myself. How can we be worth so little if we have so much? Why no news? Sub-Penny, let's not even go there!!
I don't know about you Doc, but I think it's just Moshe, maybe Gamood(if he's still around), yourself and me here. I'm tired from the Homeland Security Group effort to help save our troops. Now we find ourselves in the much needed energy sector and we can't get an OFFICIAL UPDATE from a company with the BEST NAME IN THE GAME, Domestic Energy Corp.! If only we had an Angel around:)
Am I wrong? Is DMEC's total capitalization value approaching 200K?
Wow!
At 200K capitalization, now, if this goes sub penny, I may turn bullish in terms of speculative buy ranking!
Crap!
DOC) For the sake of our marine life and everyone that this spill is going to hurt for a long time to come, I sure hope so(contain, maybe stop in a few days)! I'm happy our President has halted plans for new off shore drilling, we sure don't need more of this type of disaster. Being a part of Domestic Energy Corp. and it's efforts to drill exsisting wells deeper on land, develop GREEN TECHNOLOGIES, sure makes this a wiser energy investment choice for me! Now if we can only get some NEWS! Without NEWS, we may see a penny before we know it IMO. Problem is...Without news, is a penny cheap? So many questions are still unanswered here and without an official update from the company, who can make an informed decision here? The plan, technology, sector are all nice little ducks in a row IMO, but we need information here!!!!!
**************I hope they get this spill under control sooner than later, the ocean can change it's mind with the winds and spread the oil like a wildfire!
Sounds good. I wonder if that will cap it or just route it more controllably.
Yes, also, it really would be nice to get some good news here, both on the oil blowout and on Domestic Energy!
Have a good week!
Doc) They are going to try and place a concrete cap on the ocean floor to conatain the flow/spill according to recent reports. It may be as soon as 6 days from now if it works, then the cleanup begins. Not good news for ocean drilling, but I'm for staying ON SHORE anyway! Tennessee is getting hammered with rain, I hope Domestic Energy has an umbrella, LOL! I'm not going to ask if things could get worse, I know better. Looking at the bright side of things, maybe we will get some good news here so we can look forward to Domestic Energy Corp. and the NEW BEGINNING! WHEN, OH WHEN?
Yes, people dont realize just how bad this could become or be. At more uncontrolled release, velocities are higher. That allows for larger rock to be transported with the rather viscous oil. That increases the particulate loading in addition to the velocity effect. The wear effect on the well head should go up by the velocity to the 2.7 power as a minimum. It should be able to take it for another week or two, but it should eventually rupture somewhere. Just the thought that drilling a relief well is the best shot for now is wild. I like the idea of getting steady streams of barges with a large central one that lowers a suction cone to evacuate a majority of the oil at/near the eruption point. That would help containment. But if this does not stop, people do not realize that it will also make its way to the gulf stream and take oil and rap it around the florida coast then on out into the atlantic! I wonder if we are going to have to nuke it? That would be amazing.
This BP oil spill is a disaster! It's going to leave it's mark on our enviornment for a long time(it's a shame)IMO. Ocean drilling had support from our President in recent news(but not me), this is why! Maybe it's about time companies like Domestic Energy Corp. who are deepening exsisting wells and striving for GREEN TECHNOLOGY get more support to recover energy and introduce some of the new technologies they mention on the website! Waiting for news is not easy, but after close to 7 months, there should be plenty to report to shareholders if this is for real IMO! I would like to see the Coal liquification technology, Natural Gas
Horizontal Shale fracturing and Oil recovery reported in the next update/news, that's what is on the website and what this company has said they are all about! The name Domestic Energy Corp. gives me hope that we will become much less reliant on overseas oil and get on the path of American/Domestic Energy production. WE NEED GOOD/GREAT NEWS HERE! WHEN?
Doc) Not at rocket speed(I'll tell Moshe), LOL! IMO, not without some darn good news either! Maybe Domestic Energy Corp. can give this industry some good news for a change(it's been 6 1/2 months)! The latest oil rig spill off the coast(I told you I did not like ocean drilling)and the mining accident in West Virginia makes one aware of the risks involved in this energy sector/industry. If Domestic Energy Corp. could only release some good news about it's GREEN TECHNOLOGIES and successful oil and natural gas drilling, we could start this turn around once and for all! HOW MUCH LONGER will they make investors wait to be updated? I would be happy to take a trip around the block, let alone the moon for goodness sake!
Here we go, to the Moon!
Well, you can't blame me for trying!
Have a great weekend all!
Anyone who checks the Natural Gas, Oil, Coal energy sectors can clearly see there is plenty of activity happening now! New technologies have made finding and recovering these resources the perfect way to jump start this economy, create jobs and be much less reliant on oil from overseas. That brings me to Domestic Energy Corp. and it's new divisions. I have checked some of Avalons holdings out as far as I could for now without more information, I see a connection for these companies and Domestics divisions to work together. I am convinced that when we see news here, it will show all of the hard work that has been put into this Energy sector. There are many questions that still need to be answered here, IMO that is what has most of us waiting to buy more, the stock being shorted down or some of the old Homeland Security Group Intl. Investors just giving up! If this stock has been bought by Avalon to make Domestic Energy Corp. the core of this new Energy investment, we may be in for a nice ride for a very long time IMO! I still have my doubts without an OFFICIAL UPDATE from the company, but see so much potential here, I can't help think this may be keeping them so busy they want to give us solid news going into the future! The question I have now is... WHEN?
O.K., I did some more DD for everyone and now I could use some help! If someone could explain to me why Domestic Energy Corp. is not listed for drilling permits on the website I gave for the drilling video it would be appreciated. The Tennessee Oil and Gas Association has permits listed, but NO Domestic Energy Corp. or AG Oil and Gas. Maybe it's under a differant name, but I would have been happier to see them listed. I checked 2010, 2009, 2008! Maybe someone else can check also or at least try and explain. It could be they were old wells, so permits could have been issued long ago, I just don't know, but am overdue for an update and getting a little frustrated to say the least! I know we have posters here that think they have solid information, but the rest of us could use an OFFICIAL UPDATE from the company! At least with Homeland Security Group International we got updated from time to time, I sure hope things change around here! Anything that can be confirmed is welcomed with a thanks! Enjoy your weekend everyone, off to work I go!
Very good video at the Tennessee Oil and Gas Association website! It explains and demonstrates how the entire horizontal drilling process is done. Sorry I could not post the link, just google it. Good Luck!
What's it going to take to get an update here? It's been 6 months since the last news/update! How can we judge if shares are cheap if we don't even know what we have here? I guess a penny is cheap for a penny stock! LOL!
Doc) You seem to be very informed about these new technologies! Do you have any idea if the AG divisions are already successful internationally anywhere? I have linked some of Avalons holdings to Domestic Energy, but nothing solid as of yet! It does not mean they won't be doing business with each other in the future IMO! Natural Gas is going to be a prime energy source going into the future, coal liquification appears to be walking hand in hand going into the future as well IMO. I sure wish we had some news here or a crystal ball(LOL)! I'm here watching for possible cheap shares, I can't afford anymore, but don't want MOSHE to get them all either(LOL)! Talk to you soon Barnacle/DOC!
Moshe) Let me ask you this with no disrespect intended! Do you think Domestic Energy Corp. does not care about shareprice at this point? Do you think they would allow this to go sub-penny? There are investors already on-board, maybe deals have been struck with shares, the value of this stock is sliding quickly, questions are going unanswered! I know you feel they are going to launch this in a big way, do you have a time frame past the few months mentioned in the last PR/news for a new update? Do you think the next update will be the GRAND SLAM announcment of Domestic Energy Corp. on the U.S./International ENERGY MAP? Last, but not least, do you have any information we can confirm about AG Oil and Gas or any of the other divisions internationally that you can share? Thanks for any information, all I can find is the opportunity is clearly there for a company like Domestic Energy to step up, but is this for real and will they? I'm already investing they will, but my toes are on fire(LOL)!
Moshe) Thanks for your thoughts, off to work I go and not at rocket speed mind you! LOL!
Business work at their own pace - its an American idea that everything needs to move at rocket speed. I have been investing in Avalon Group projects for the last 7 years and will continue to do so in the future as they always make me money. This is only the latest in their purchases.
This Group is meticulous in their planning and implementation. One needs to ask if you are investing in the business or the stock. They are different, one you look at the long term plan of the business and the management and invest in them as a partner of sorts. The other is short term and looking for a pip or move on a daily or weekly level.
I am confident that when they are ready they will launch this Company in a big way - land deals and acquisitions take time - the lack of news to me is only more reason to purchase at these prices.
So keep them coming and lets get the price down lower, so I can purchase more at a cheaper price. For those that are selling keep it coming.
Now I'm really confused! I just took a look at the Buy/Sell volume, there are more buys than sells and we still moved down. This has to be shorts IMO! It's my understanding that when news does come out and it's good, Shorts try and cover and the shareprice moves up that much faster, any opinions? I'm here all weekend! After dark tomorrow that is, heaven knows I can't afford to go anywhere anymore!
Moshe) If you are going to have strong hands like I think you are(my opinion from your posts), I would think you would be taking advantage of these cheap shares. What is your opinion on all of this, is it NO NEWS or something else? How long do you think it will be before we hear something? Your opinion is appreciated, I can't make heads or tails out of any of this! I will say that I have a strong spirit, but at this point, I must admit that waiting for news this long has me wondering if I'm being foolish, and I've done DD. I know Avalon is real! I understand there is plenty of ground work to finish before an operation like this can get underway, but no information does not help make a decision about investing IMO. I want to think we are in good hands and I trust you think we are, but don't you agree this is strange? It's the weekend, share your thoughts, you seem to be better informed about Avalon since you've invested with them before. Thanks as always and NO YOU CAN'T HAVE ANY OF MY SHARES! LOL!
Doc) We're not going anywhere "YET" without news IMO! I just wish I knew what is happening here. Is it Domestic selling shares? Is it a frustrated investor? Are there shorts running us down? Why NO NEWS for almost 6 months? I thought being beat up by Homeland Security Group Intl. was bad enough, now after the 1/1000 reverse and a slow decline from there of about 95%(just my opinion), it's hard to calculate, I am seeing a continuous slide. When will it stop? I would think any shares out there would be in strong hands, at least until we see some kind of growth, but who would even sell then? I'm working again in the morning, but would sure like to hear your opinion on all of this. Good Luck Doc/Barnacle(LOL), I'll be right here with you holding on!
Anyone selling this stock is crazy at this point - if you want private email me and I will puchase whatever you have.
Oh, I am not going anywhere!
I have no reason to. I'll be that barnacle that just hangs in there under the water line!
Hey we are up 80% now! Here we go on our long awaited trip to da MOON!
Dr.) What a shame! I come home from a hard days work to this! Like I stated in the past, NO NEWS IS KILLING THIS STOCK IMO! I want to say these shares a cheap, but with NO UPDATES, who knows how low this could go. The Homeland Security investors have already been crushed with that 1/1000 reverse split, now no news! I just hope it's frustration from an old investor in Homeland and not more dilution from Domestic! Doc, may we see much better days, hold on with me and ride this out if you can, Moshe thinks the Grapes are sweet here and not sour! I hope he's right!
Whats the poop with today's trading?
Looking for better days ahead!
Moshe) Thanks again for all of the information you shared with the board! With everyone concerned about energy these days, I'm sure with the right news, Domestic Energy Corp. will become a success! The latest news about the mining accident in West Virginia has sparked a bigger awareness about coal and energy in general, it's all over the news. I hope your grapes on the vine are not sour(LOL), we could sure use some good news here. The share price in my opinion will hover around(.03-.07) until investors can see there are solid developments that can be confirmed. When Avalon/Domestic stated they were moving ahead over the next few months(normally 3-5), investors expected to hear news by now(It's been nearly 6 months). Being semi-private and with no news, DMEC is off the radar IMO. I would like to see some news soon with energy prices rising and the need/demand growing. Thanks again for your posts and sharing of whatever information you can! Good Luck to us all!
My understand only - AG O&G will get all the O&G assets and be a 100% sub of Domestic (Profit Center)
AG CoalGas will receive the German Tech that Avalon owns and be a sub but I think their are other players in this deal and think it will be less than 100% sub of Domestic
not much - think its a clerical error - but details are details and I will make a call and ask
you need to contact the Company - its a private group but they are fairly open about who they are.
Its getting very close - the grape vine is telling me
Moshe) Also note AG coalgas and AG oil and gas are NOT on the list! They must be part of the 2010 filings! Your opinions/facts are welcomed here, POST MORE! Thanks and good luck!
Moshe) I don't know if you noticed, but the name Domestic Energy Corp. has been changed according to your list, that worries me(sort of)! Domestic Energy Group INC. is what you have listed, what do you think about that?
Thank you, Moshe. Do you happen to have a link to that information?
Moshe) Thanks! I knew I could count on you to jump right in. I found a maze of companies from my list that may be related. It's not what Avalon owns already (although your list is helpful). It's what may be of interest to Avalon/Domestic Energy Corp. that interests me even more! What is the plan? What might they be interested in acquiring for the new divisions?
I have already done so much DD about Chatanooga shale my eyes and fingers hurt. May I add I liked what I found! This could get very interesting, but IMHO, we won't go anywhere until we see an update/news with information we can confirm.
Please don't get me wrong! Avalon appears very solid, it's Domestic Energy Corp. that has to step up to the plate now IMHO! I've been here for over 7 years, I can wait 7 more years, I just would like some information I can confirm about Domestic Energy Corp. Thanks again and Good Luck!
if your looking for what Avalon owns - here is the list as of December 2009 information statement.
AFDA Limited 100.00%
Commercial & industrial land development Company
AGagro, Inc. 100.00%
2.5 million HA agricultural plantation development Company focused on the paper and energy sectors
AG Health Corporation 45.00%
Medical software and communication Company focused on bring medical advice and telephone triage to developing regions were medical services are limited.
Alpha-Omega Tech Group Inc. 25.00%
B-to-B and social networking based communication software focused on bringing interactive communications to social network sites.
Anviron Holding Corporation 76.00%
International organic chemical distribution Company
Domestic Energy Group Inc. 85.00%
Oil and gas exploration Company focused on TN Chatanooga Basin
Expedition Leaders Inc 50.00%
International exotic travel agency focused on expedition travel
GSF, Ltd 75.00%
Argentina 25,000 HA Hops and Barley farm
Orientia Global Import Management Services Ltd 85.00%
Chinese import and export product distribution Company
Israeli Agro Investment Services Ltd 100.00%
Israeli agricultural investment hedge fund
iVisage Media Inc 50.00%
Company focused on providing US sourced streaming video over the internet to international clients and media outlets.
Jasper Agro Development 75.00%
Bolivian agrocultural cooperative joint venture Company
Land and Sea Development Ltd 100.00%
Beach restoration and remeidation Company
Master Distribution Systems Inc. 85.00%
Construction and land development Company
Negev Agro LP 66.66%
Israeli Tomato farm in Southern Israel
NorthStar Exploration Limited 85.00%
British Columbia, Canda gold mine exploration Company
NuEarth Corporation 74.77%
Organic fertilizer and water retention product manufacturing and distribution Comapny
Resort Society Inc 50.00%
International cruiseline joint venture Company focused on light expedition cruises and an associated real estate investment trust
Sino AgroForestry Development JV 51.00%
Thailand 250,000 HA agricultural joint venture and land development Company
TerraSolve Ltd 75.00%
International agricultural and environmental computer modeling laboratory Company
Thai-Tea Ltd. 85.00%
Thailand 25,000 HA Tea plantation and farm
USbioFuels Inc. 100.00%
US biofuel brokerage and distribution Comapny
US Capital Trends Inc. 50.00%
US capital market predictive software Company
West Virgina Coal Gas Company 100.00%
Coal gas and liquification Company focused on the development of a zero emisions power generation facility in the US powered by Coal
Westmont Resources Inc. 92.25%
B-to-B and social networking based communication software focused on bringing interactive communications to social network sites.
There is plenty of information out there for anyone who does DD! The problem I am having is linking all of the information to Domestic Energy Corp. My list of companies is tremendous, they all have something in common, but without news from Domestic Energy Corp., I have NO IDEA if they are related in some way shape or form to us! What put me on this quest to dig up information is the fact that we have no solid information from the company since Oct.09(we are overdue)!
I just want to know the TRUTH, GOOD or BAD! There are at least TEN(10)companies on my list to research, I'll try and make more than one connection, THREE(3)is my goal, in some cases I have found TWO(2)already.
My point being...It would not surprise me to see that the divisions Domestic Energy Corp. has listed on the website could be the result of mergers, acquisitions, private placements ect...! That is what brings us to Avalon Group Limited. They do appear to have the resources to make this happen.
This may be off track, Domestic Energy Corp. could be the final link needed to put the plan together. The share structure(as I have mentioned 1000 times)is the key IMHO! I have noticed that linked(possibly)companies have high share counts, but reverse splitting them and merging them with Domestic Energy Corp., well you know, anything is possible. Why not, look what happened to us and we still have a chance, this could be it!
O.K. here is my list so far, I can't do it all by myself!
Land and Sea Development Company
Jasper Agro
Terra Solve
L&S Development
US Biofuels
Israeli Agro Investment Services
Negev Agro
Avalon International
Anviron
Example: WESTMONT RESOURCES (Look them up, you'll find Domestic)
Thai Tea ?
Good Luck to everyone in Domestic Energy Corp., we sure deserve a break already!
Off shore drilling is the topic of the day in the Energy sector. Oil prices are still rising and Domestic Energy Corp. has the technologies and techniques to jump right into the GREEN ENERGY TRANSITION according to the last PR/NEWS! If we could only get some solid news about what is going on to date. I wonder if Avalon has the resources to join the off shore exploration? I don't even know if I want to be a part of off shore drilling, I remember the Exxon spill(even if it was a tanker and not a drilling accident) and the effect it had on the water and sea life. So many questions, we need news!
Fauxit/Realcockney) How's it going? Yes, I'm still here and keeping a sharp eye open for bashers(not that they can hurt us anymore)LOL! G stopped by to say hello, he did not know much about Domestic Energy Corp. yet. I just read that President Obama has just approved Off-Shore drilling. He thinks the transition to Green Energy/Domestic Energy in place of importing oil will take time and allowing off-shore will help! Let's(Domestic Energy Corp. Investors)hope we see some news about our new technologies and the new techniques for Tennessee shale drilling soon! I've got a new buddy here to talk to, the Dr. thinks this is a mystery, but he gives me hope! I'm getting old and grey after all of this, not much left! Oh well, such is life! Good Luck in all you do!
Hi Penny just stopped by,and so pleased to see GH still around (who are you bashing at the moment LOL!!!!).Still holding this bag,but then at these prices who's gonna sell.Keep up the good fight Penny,it's penny land so who knows!!!!!
BOOYAH!!!!!!
fauxit
I love a mystery.
But I must admit, this one is getting a little old.
Interesting trading action today though.
I have some 4 cent stamps with a chair as the picture on them. Maybe it is a hint to sit and wait. ----even more....
Well, got to go get back to advanced biofuel flue gas cleaning system designs and other strange.....................
No news is killing this stock IMO! Oil and Gas is in demand and we still have no idea what is going on here. Are the shares being sold by investors or Domestic Energy Corp./Avalon? 5 months since the last update! We were sitting on 90 wells with 2-5 of them identified for drilling/deepening, WHAT HAPPENED? We are already SHELL SHOCKED from Homeland Security Group Intl., do they have to keep us in the dark as well? I would have thought .10 was cheap with such a low float, I guess not! WILL SOMEONE ORDER AN ABOUT FACE ALREADY!
Spring ahead 1 hour folks, TIC-TOC-TIC-TOC, as we wait for an update! At least we had some opinions/information from Moshe Goldberg, Ronnie D and the DR. here! Hope the silent Winter is over and this Spring we get the news/update everyone is looking for...GOOD NEWS for Domestic Energy Corp. and the investors! Until then, don't forget to post and share what you learn, what comes around goes around! Good Luck everyone!
ghcnj) I think you are correct! I talked to the Colonel near the end of all of this, he was sorry for the investors more than himself IMO. He mentioned 1st Sargeant Wilson was going overseas and he was measuring his losses, retirement money is what he mentioned. I don't hold them responsible, I was in to support our troops and make money, it just did not work out! I can only hope that this new leadership does not forget about the investors, it was our shell and name they acquired, not to mention the Colonel trying to place us in good hands! That said, I see plenty of potential in this sector and I like what they appear to be trying to do. If they don't dilute us any further, I think with a little luck and successful drilling, we stand a good chance of seeing an ABOUT FACE! If you check out the website, you will see the 4 divisions of Domestic Energy Corp. It appears they could capitalize on energy during the GREEN transition with the new technologies. We have to wait and see now, I can't go anywhere anyway, I was all in(my military traing I guess), I now think Domestic Energy Corp. is my destiny! If successful, I'll rebuild my life again. Thanks for stopping in, don't forget to post if you learn something about us here, Good Luck as always!
I have not followed Domestic Energy Crop so I have no idea about it. I think Powers and Wilson both got screwed and it naturally hit the shareholders as well. Last I heard Wilson was in IRAQ as a "private contractor". That was a while ago so I don't know what he is up to now. I think Powers just decided to enjoy his retirement and his military disability income and faded away like an old soldier.
ghcnj) Always good to hear from another PATRIOT from the Homeland Security Group days! This has been tough, as you know, but maybe the Colonel did put us in good hands in the end, we'll see! Anyway, you are always a welcomed poster, your opinions are respected IMO. Maybe you can post what you think about Domestic Energy Corp./Avalon, that is if you have an opinion so far? We are waiting to see what happens here, not much information for a few months, we're due! Stop in from time to time, this could develope into something IMO. Good Luck G, I'll be here, I think I'm still "SHELL SHOCKED"!
Hi PP. Just stopped by to say hello. I also think the Colonel and 1st Sgt. did their best to get things moving but were up against the conglomerates that they could not fight even with their military backgrounds. Their PR person was also working against them IMO. That light weight body armor was great but was turned down. Unreal since there were so many uses for it. The combat trauma bag was also a fine piece of equipment (I have one). It has many uses. Good luck with DMEC and I hope it works out well.
Col. David Hackworth's book "About Face" was very good. It is on my book shelf.
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AGOil&Gas is an oil and gas exploration and development company focused on the exploitation of long lived, low risk natural gas and oil properties. Our current operations are centered on the emerging Chattanooga Shale Play in the southern Appalachian Basin.
AGagro is primarily focused on the development of Large-Scale Bio-Fuel projects. AGagro’s goal is to release the potential of agriculture to solve crucial energy problems for people and the planet. The need for inventive, sustainable solutions to the world’s energy problems has never been greater. We are uniquely qualified to meet these needs in ways that create ongoing prosperity.
AGcoalgas is a Company focused on “Clean Coal Technology” (CCT). We have developed the next generation of clean energy technology. By grinding coal into a very fine particle slurry, biologically treating the coal slurry to remove the heavy minerals, we believe such a slurry mixture, will have sufficient fluidity to move through pipelines and burn cleaner than current Oil and Gas fired power plants. Link this revolutionary clean coal technology with AGcoalgas’s proprietary biological treatment of the plant emissions and the elusive zero emissions power plant is close to fulfillment.
NorthStar Exploration is a company engaged in a variety of projects in the natural resource exploration industry in Western Canada with an emphasis on rare metals and oil sands exploration. The company is aggressively exploring Canada's rare metal land holdings in British Columbia and the largest contiguous oil sands land holding, which are located in northeast Alberta and northwest Saskatchewan. NorthStar Exploration is leading the development of rare metal exploration in British Columbia and the oil sands industry in the province of Saskatchewan.
The Avalon Group Ltd Acquires Controlling Interest in Domestic Energy Corporation
Press Release
Source: Avalon Group Limited
8:30 am EDT, Monday October 12, 2009
HONEOYE FALLS, N.Y.--(BUSINESS WIRE)--Domestic Energy Corporation. (OTC.PK: DMEC)(“Domestic Energy” or the “Company”) announced today that on the 10th of October 2009 the majority shareholders and the Board of Directors reached an agreement with the Avalon Group Limited for the acquisition of controlling interest in the Company.
The Avalon Group Ltd will move to recapitalize the Company over the next few months. The focus of Avalon will be to merge several of the Groups North American and International natural resource projects into Domestic Energy to advance the Company into a consistent and positive revenue stream. Pursuant to the terms of the agreement, the board of directors and executive officers of Domestic Energy resigned and were replaced by the board and officers of The Avalon Group Ltd’s natural resource division.
"The successful completion of this transaction is a major milestone for us,” stated Marcie Corbin, the Avalon Group Ltd’s Chief Financial Officer. “Our acquisition of the controlling interest in the Domestic Energy Corporation will provide us with new opportunities to expand our International natural resource operations into North America, and enable us to grow our company, and greatly enhance our visibility and market awareness of our products and services."
“As a member of the new Board of Directors for Domestic Energy, I am excited for the future of the business and the expansion of its role in the North American and International oil and gas industries”, stated Dr. Bruce Fischer – Chairman of the Board for the Domestic Energy Corporation / bruce.fischer@domesticenergycorp.com
Avalon Group Ltd is an International based private equity investment corporation, which identifies and develops assets within the Agro-Forestry, Healthcare, Exclusive Leisure Travel, Software Technology, Media Distribution, Entertainment, Natural Resource and Real Estate economies with the potential for above average capital appreciation and increasing cash flow returns. We maintain a diversified portfolio of business and investments in order to limit operational and industry risks.
Domestic Energy Corp is a independent oil and gas exploration-development company focused on the exploitation of long-lived, low risk natural gas and oil properties. Domestic Energy is in a position to acquire and exploit shut-in gas wells and those wells whose profitability has declined due to interrupted service. Additionally, revenue is generated by transporting gas to market for other producers. Domestic Energy will be positioned to maximize production of existing wells by proper engineering practices such as well stimulation in the form of nitrogen or acid fracturing.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended ("the Exchange Act"), as such, may involve risks and uncertainties. Forward-looking statements are based upon certain assumptions and describe future plans, strategies and expectations, are generally identifiable by the use of words as "believe," "expect," "intend," "anticipate," "project," or other similar expressions. Forward-looking statements relate to, among other things, future performance, and perceived opportunities in the market and statements regarding the Company's mission and vision. The Company's actual results, performance and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. Additional factors could materially affect these forward-looking statements and/or predictions include, among other things: (1) managing acquisitions and expansion of operations; (2) obtaining necessary financing and managing existing debt; (3) completing the investigation, acquisition and integration of new business opportunities; (4) complying with federal, state and local government and international regulations; and (5) other factors over which we have little or no control.
Contact:
The Avalon Group Limited c/o Polly Anderson 425.818.0189 phone 425.491.2838 fax polly.anderson@theavalongroup.co.uk
shs decreased by 1 for 1000 split
Pay Date: Apr 7, 2008
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