Native American Energy Group
Native American Energy Group
61-43 186th Street
Fresh meadows, NY 11365
Phone: none listed
Fax: (718) 408-1471
SEE LOWER PORTION OF IBOX FOR MOST CURRENT INFO
NOTE: NAGP HAS BEEN DELISTED AND NO LONGER TRADES
Initial Info on SEPT. 2010 lawsuit brought by investors http://www.courts.state.ny.us/Reporter/pdfs/2010/2010_32524.pdf
http://www.reznetnews.org/blogs/tribalog/fort-peck-tribes-agree-explore-develop-energy-resources-reservation-31860 This link notes another company that is doing work with the tribes on Fort Peck. NAGP Had this vision to do the same, although to date there is no info that they will be able to do this. The only info one could find really on this matter by doing some DD is that there are articles out there that says NAGP actually got thrown off the Fort Peck reservation. Do your own DD to confirm.
|Ticker Symbol: ||USOTC:NAGP DELISTED |
|OTC Market Tier: || |
|Security Type: ||Common Stock |
|NAGP Address: ||108-18 Queens Blvd. |
Forest Hills, New York 11375
|NAGP Country: ||USA |
|NAGP Phone: ||718-408-2323 |
|NAGP Fax #: ||718-793-4034 |
|Website: ||http://www.nativeamericanenergy.com/ |
|Description: ||Native American Energy Group (NAEG) is an independent energy resource development and management company specializing in oil, natural gas, and alternative energy systems. For additional information, please visit: |
|SIC Code / Description: ||1311 / Crude petroleum and natural gas |
|Shares Authorized: ||1,000,000,000 |
|Shares Outstanding: ||49,898,478 |
|-Restricted || |
| ||Unrestricted ||Not Available |
| ||Held at DTC ||Not Available |
|Shares Outstanding Date: || |
- Capital Change=shs decreased by 1 for 200 split Pay date=10/01/2007.
Capital Change=shs decreased by 1 for 10 split. Pay date=11/05/2009
|Shares Holder Count: ||756 |
|Shares Holder Date: || May 20, 2013 |
|Market Capitalization: ||$10,473,691 a/o Jun 08, 2017 |
|Key Executives: ||Raj Nanvaan - Founder |
Linda C. Chontos - Admin. Officer
Joseph D'Arrigo - Founder
Richard Ross - Corporate Secretary
Doyle (Tony) Johnson - Chief Geologist
|Number of Employees: ||3 |
|Incorporation State: ||Delaware |
|Incorporation Country: ||USA |
|Incorporation Year: ||1996 |
Native American Energy Group announces dismissal of lawsuit 1-31-2012 http://ih.advfn.com/p.php?pid=nmona&article=50971525
This is brief of release click link for full release
The Latest info on the lawsuit brought by investors is that it was settled. The Plaintiffs agreed to dismiss all claims alleged in the lawsuit with prejudice and on January 30, 2012 filed with the Court a Notice of Voluntary Dismissal with Prejudice. Nonetheless, in an effort to avoid further litigation, we, on behalf of the Company and the other Defendants, have agreed to issue to the Plaintiffs an aggregate of 606,756 shares of the Company's common stock in addition to the 1,738,750 shares already held in escrow for a total of 2,345,506 shares of our Common Stock (the "Settlement Shares"). We have further agreed that within 30 calendar days of the removal of the global lock by DTC, we will issue each Plaintiff an individual warrant. The term of each individual warrant shall be for two years from the date of the removal of the DTC global lock and shall be for the purchase of a number of shares of the Company's common stock equal to the number of Settlement Shares received by that individual Plaintiff, with an exercise price of $0.70 per share.
Regulation FD Disclosure, Financial Statements and Exhibits
Item 7.01. Regulation FD Disclosure
Native American Energy Group, Inc. corrected and replaced its release issued on April 13, 2016 - "Native American Energy Group Announces Transfer Agent Change" due to multiple revisions to the "Effective Date" in the first and bottom section. The corrected release reads: CORRECTION - Native American Energy Group Announces Transfer Agent Change.
Native American Energy Group, Inc. changed its transfer agent for NAGP common stock from Pacific Stock Transfer Company to Manhattan Transfer Registrar Company ("Manhattan"), effective, April 25, 2016 (the "Effective Date"), with its current address at 57 Eastwood Rd, Miller Place, NY 11764. Registered stockholder accounts will be transferred automatically to Manhattan Transfer Registrar Co. without interruption in service. No action is required by stockholders. A copy of the Company's press release to its stockholders is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Most recent update of operations provided by MBAA519 on 6/9/2017...and thanks for this go out to this concerned investor
1. Montana is inactive and has not produced any oil or has reported to the state since 9-2012.
2. Alaska has stalled and there is no bonding in place nor is the a bond in place for Montana
NOTE 6 – SECURITY DEPOSITS from last 10-K/A
The Company had an aggregate of -0- and $50,000 as of December 31, 2012 and 2011, respectively, deposited in two financial institutions as collateral for posted surety bonds with various governmental agencies in Alaska and Montana as assurance for possible well-site reclamation, if required. The Company is obligated to maintain a surety bond in conjunction with certain drilling permits. In March 2011 and in September 2012, the Company cancelled two of its oil and gas surety bonds in the aggregate amount $150,000 issued to the Alaska Oil & Gas Conservation Commission (“AOGCC”) and the Matanuska-Susitna Borough Planning Commission (“Mat-Su Borough”) for its Kircher Unit state and borough drilling permits in Alaska. As a result of the bond terminations, the financial institution returned the $150,000 cash collateral to the Company. In the event that the Company re-applies for the state and borough drilling permits with the AOGCC and the Mat-Su Borough, it will be required to re-post bonds in the amount of $100,000 and $50,000, respectively. During the year ended December 31, 2011, the Company forfeited an $8,590 deposit held as security for its corporate office lease in New York.
3. As for the wind generation Windaus was acquired by another public company so I don't know what the position for NAGP is with that project for they were in default of the original agreement that was modified for missing the payment schedule.
4. As for Oklahoma I cant find any well info in their database assigned to NAGP.
This is current knowledge that is available for NAGP not negative not positive just current knowledge.
Shareholder updates and press releases from the company website:
Note: This information seems out of date but is due to the fact that the company has little or no current info available to investors other than what is on the webiste listed above. ANY new information, filings and evidence of current operations will be added when they are made available.
September 14, 2017
NAGP SEC Suspension for delinquent Financials/Filings:
Company statement re; Delisting:
The moderator of this board will post info in the IBOX that one can use to start DD on this play. Although the moderator will try his best to post info which is beleived to be true, one should determine this for sure with doing additional DD to confirm all info in this IBOX. The moderator assumes no responsibilty that all the info in the IBOX is true since he will post links and info supplied by others including posters from this board. The moderator freely admits that at this time he has very little invested with this company, and in no way what is posted in the IBOX should be taken as advise to buy or not buy this stock. PLEASE BE SMART AND DO YOUR OWN DD