Gambit Energy, Inc. (GMEI)

[Livefree1776]

Not much action on this board-Company, any prospects for a turnaround?

or DOA?

[Always wondering]

From what i’ve heard, the new address is the same as Tesla’s. Rumor ALSO is, Elon set up a very large battery and grid infrastructure during the Texas shutdown.

[dialer55]

Interesting hard to find information on these guys. Maybe somebody acquired the shell to use for something else.

[Fai 2]

Nice gmei and expert

[man596021]

This group is awfully quiet!

[Golden Cross]

$GMEI now on Expert Market

[Renee]

GMEI SEC Suspension:

https://www.sec.gov/litigation/suspensions/2017/34-80405.pdf

Order:

https://www.sec.gov/litigation/suspensions/2017/34-80405-o.pdf

[marktwain]

A boatload of reportable activity (new lease, financing, drilling program) and no 8-Ks, 10-Qs, 10-Ks or PRs. What gives? Did Gambit forget that it is a public company?

[marktwain]

Oil is flowing heavy from two massive wells (third well just poked), where is the activity?

[marktwain]

Things are heating up real fast for Gambit Energy. Go to www.gambitenergy.com and view their interactive driiling site. Click on the bottom left of the screen to see real-time activity. Apparently the operation is well funded and drilling in fertile ground.

[mick]

so this one is greysheeter now?

[Pro-Life]

Mick... charts do not work... the company is DELISTED.

[mick]

NASDAQ;
TWO YEAR CHART:


10yr, Chart

[Pro-Life]

Security Deletions: 13:16 GMEIE Gambit Energy, Inc. Common Stock 3/20/2012 100 Failure To Comply With NASD 6530; Added to NBB (GMEI)**

http://otcbb.com/asp/dailylist_detail.asp?d=03/19/2012&mkt_ctg=ALL

[mick]

this is a good stock, just needs some love. http://barchart.com/quotes/stocks/gmei

[mrbizzard]

NEWS...

[mick]

wards? ceo? yes on those cheating ceo's;

re;
GMEI.OB...GMEI.OBs not a shell or mining company anymore and its run by ECCI.PKs WARDS...damn those rs

[micsz28]

GMEI.OB...GMEI.OBs not a shell or mining company anymore and its run by ECCI.PKs WARDS...damn those rs

[mick]

i went to their website...it shows the symbol gmeid

i means some type of r/s again. looks like 1 / 40

profile not bad.

http://gulfmarkenergygroup.com/index.html

[mick]

is this still a shell? i use to be in old company...

it r/s on me...

i see silver buttes mining here.

is this an energy company now?

no moe mining?

[micsz28]

SIBM.OB...ECCI.PK...SIBM.OB...ECCI.PK.........

[RonnieD]

ITEM 5.02 Departure of Directors or Certain Officers; election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On July 28, 2009 John T. (Terry) McConnaughey resigned as the President and Chief Executive Officer of Silver Butte Company. Mr. McConnaughey also resigned as a director of the Company to be effective as of October 28, 2009. Mr. McConnaughey became a member of the board of directors of Silver Butte Company in 1996, and elected was President of the Company in March 2001.

On July 28, 2009 the Board of directors of Silver Butte Company appointed Terrence J. Dunne as the President, Chief Executive Officer and a Director of the Company effective immediately. Since 1997 Mr. Dunne has operated as a business consultant through his company Terrence J. Dunne & Associates. Mr. Dunne is graduated with a Bachelor of Business degree, a Master’s of Business and a Master’s in Taxation all from Gonzaga University. Mr. Dunne served as the chief financial officer (4/06 - 12/07) and as a director (1/06 - 12/07) of Daybreak Oil & Gas, Inc.; as corporate secretary (2006 - 01/08) and as a director (2006 - present) of Gold Crest Mines, Inc.; as president ( 2006 - 2007) director (director 2006 -present) of Rock Energy Resources, Inc (formerly Hanover Gold Company); and as a director of Superior Silver Mines, Inc. since June 2006. At the present time Mr. Dunne will receive no compensation for his service as an officer or director of the Company.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized,


SILVER BUTTE COMPANY


Date: July 30, 2009

By: /s/ Terrence J. Dunne

Terrence J. Dunne, President

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=6445655

[RonnieD]

10-Q out.. nice shell..

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=6400891

[arnold]

[4keywest]

13 billion huh? nice round figure.
have to keep an eye an it

[RonnieD]

220m shs/5 = 44m shs
current ask .37/sh x 5 = 1.85 x 44m = mkt cap $81,400,000
148.3m tons of proven sub-bituminous coal reserves = Mine Price $90/ton x 148.3m = $13,320,000,000 proven reserves as Blue Arch.

The Share Exchange Agreement will contain, among other conditions, a requirement that prior to closing Blue Arch shall have obtained equity financing in the minimum amount of $3million
After closing of the transaction it is anticipated that there will be a 1:5 reverse split of the Silver Butte Common stock and that Silver Butte shall amend its Articles of Incorporation changing the name of the Corporation to Blue Arch Energy, Inc.

i see $$$$

http://paguntaka.org/2008/05/01/coal-price-in-world-market-and-trade-higher/

[RonnieD]

Silver Butte Mining Co.
520 Cedar Street
Sandpoint, ID 83864
Phone: [phone]



July 15 10-Q http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6044739



Silver Butte to Enter Coal Industry

SANDPOINT, Idaho, June 24, 2008 /PRNewswire-FirstCall via COMTEX/ -- On June 23, 2008 Silver Butte entered into a Letter of Intent for a share exchange with Blue Arch Coal Company, a Wyoming corporation ("Blue Arch"). Blue Arch Coal Company is a privately held corporation that currently owns options to acquire four state coal leases in the Powder River Basin of Wyoming. The leases are estimated to contain 148.3 million tons of proven sub-bituminous coal reserves.

Under the terms of the proposed share exchange, at closing, each of the approximately 220,500,000 then outstanding shares of Blue Ach will be exchanged for shares of Silver Butte on a one for one basis (i.e. one share of Silver Butte will be issued in exchange for one share of Blue Arch). Closing of the transaction is contingent upon completion of Due Diligence by each corporation and negotiation of a definitive Share Exchange Agreement which must be approved by the Board of Directors of Silver Butte and Blue Arch and by the shareholders of Blue Arch holding majority of the outstanding shares of Blue Arch Common Stock. The Share Exchange Agreement will contain, among other conditions, a requirement that prior to closing Blue Arch shall have obtained equity financing in the minimum amount of $3million. After closing of the transaction it is anticipated that there will be a 1:5 reverse split of the Silver Butte Common stock and that Silver Butte shall amend its Articles of Incorporation changing the name of the Corporation to Blue Arch Energy, Inc.

This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Forward-looking statements are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy, and some of which might not even be anticipated. This news release is neither a prospectus nor an offer to sell securities or stocks in the company. It is intended for informational purposes only