Oil@Gas Chat room

[tomtom256]

OIL -> don´t you have your e-mail account anymore ??

thomas

[tomtom256]

10 q out

[tomtom256]

hope this is all for real
as i told so many times

they told us AFTER s1 - director news, investors, drillings

s1 out since weeks and nothing happen
no waiting to see q (if it will come out on time)

hope we don´t see the next excuse from them - they are loosing their rest of authenticity - IMO


oil - do you have a new mail-adress ?

thomas

[Oilbull]

S-1 IMPORTANT TO KEEP IN MIND.

Page three(3) of the link..

http://www.sec.gov/Archives/edgar/data/820901/000119312512437824/d358669ds1a.htm#tx358669_1

Shares of our convertible preferred stock are convertible into shares of our common stock at a conversion price of $3.30 per share.
None of the shares are currently outstanding but are issuable upon conversion of our convertible preferred stock held by the selling shareholders.

Page 41 of the link.

http://www.sec.gov/Archives/edgar/data/820901/000119312512437824/d358669ds1a.htm#tx358669_1

As every one can see Burlingame Equity Investors Master Fund, LP (3)

As everyone can see they have not sold a share and can only sell when the stock price is $3.30 or over.

I am sure that Burlingame Equity Investors Master Fund,will soon acquire shares to have there investment fulfilled.

The coming next 10q will fully make Aret current,thus paving the way for news flow...

Any more questions,people can go on the upcoming conference call which is a mandatory action for companies that are to list on higher exchanges.

I am sure that the people acquiring at this price range can see the light at the end of the road.

Simple logic.

[tomtom256]

We have a great management i guess
Soon we are there where we were before split
And they dont care

[tomtom256]

bigsilence here

maybe i was right and many sold their shares
nobody understand this - NO news and maybe some 10q this week or next - hope to see revenues in that and after the q news

why this management work so i can´t understand - but what do i know - IMO

[Oilbull]

Correct on everything you Mentioned...

[tomtom256]

i think i am not the only one who thought that after s-1 we will see much higher stockprice and NEWS
don´t know what they are doing but not that of what we are all waiting for

NO news - NO power - NO new investors

silent time ist still over guys - do something so we old investors feel better and not feeling sad why we didn´t sell at 7 or 8 $ a year ago

go on aret show us now that you are still alive

thomas

[Oilbull]

Stock cannot be sold until $3.30,read filing.

Shares of our convertible preferred stock are convertible into shares of our common stock at a conversion price of $3.30 per share

[tomtom256]

yes level
thats what i think nearly every day - WHY i haven´t sold at 5 6 or 7 $

ok s-1 is out and now they are going to sell over 1,5 mio shares - isn´t this a dilution ??

where are the new directors and news about drillings ?

s-1 is out and NOW they have to do what they told us all

NOW there is no excuse anymore

i think that the stock will crash when there are no news in the next 2or3 weeks -IMO

thomas

[Oilbull]

Then I guess Har123 knows best...

[Level 4]

Well if you're not talking about the market, then who cares? We need Aret to rebound. This thing is sucking big time... An all time low in price now. The company is stronger than ever in assets and revenue but the outlook is unknown except to insiders. We can only guess and read the filings to have any sort of hope.
I for one have not sold through the highs and lows. I believe in the long term. And I hope they at Aret appreciate their shareholders and don't screw them. I have a lot of friends at work who bought based on the forward looking progress in the filings. Now I wish they had all sold at $8. It looks like years before we will get back there. Too bad we all got bamboozled by some con in the business. Har123 knows who I'm talking about.

[Oilbull]

Gush ,you think those characters have any idea what is about to hit them.Not necessarily in the market though...

[tomtom256]

So i think too
Hope they .......

[surfkid4]

aret is the best shape it has ever been (other than the stock price) for those who sold i believe they will regret and for those who tried to manipulate the stock price down, prepare to pay for your bad deeds.

all in my opinion

[tomtom256]

are there any words from you or anyone else to s-1 ??

doesn´t look as good as we all hoped, or am i wrong ?

how will management do to get us back to alltimehighs ???
hope it will come as they told us - news, drillings, investors, directors ,.....


thomas

[Oilbull]

Also Funds involved.

Common Stock


Burlingame Equity Investors Master Fund, L.P.

One Market Plaza, Suite 3750

San Francisco, CA 94105
Direct 740,249 (4) 7.8 %

[Oilbull]

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80941677

[Oilbull]

The Offering

In May 2011 we entered into a purchase and sale agreement which was subsequently amended, for the purchase of certain oil and gas properties in Colorado, Kansas, Wyoming, and Montana. The final purchase price for the acquisition was $11,000,000. The purchase was part of our strategy to enter the oil and natural gas exploration and production business. We completed the property purchase under the purchase and sale agreement, as amended, in the third quarter of 2011. The payment of the final installment payment was financed through the completion of a private placement of 522.5 shares of our convertible preferred stock. Shares of our convertible preferred stock are convertible into shares of our common stock at a conversion price of $3.30 per share, subject to customary anti-dilution adjustments, including in connection with stock dividends and distributions, stock splits, subdivisions and combinations. Under the terms of the sale in the private placement, we are required to register with the SEC the resale of the common stock issuable upon conversion of the convertible preferred stock. This prospectus covers the resale of 1,583,333 shares of our common stock by selling shareholders in market or negotiated transactions. None of the shares are currently outstanding but are issuable upon conversion of our convertible preferred stock held by the selling shareholders. The following table summarizes certain information concerning this offering.

[GusherMan]

Very nice October surprise. I have some reading to do over the weekend. All aboard....:)

[Oilbull]

S-1a is out

http://www.sec.gov/Archives/edgar/data/820901/000119312512437824/0001193125-12-437824-index.htm

[Oilbull]

And the rest of them as well...

[GusherMan]

Oilbull...i think they call it a October surprise :)

[Oilbull]

Definition of 'SEC Form S-1'
The initial registration form for new securities required by the Securities and Exchange Commission (SEC) for public companies. Any security that meets the criteria must have an S-1 filing before shares can be listed on a national exchange.

Form S-1 requires companies to provide information on the planned use of capital proceeds, detail the current business model and competition, as well provide a a brief prospectus of the planned security itself, offering price methodology, and any dilution that will occur to other listed securities. The SEC also requires the disclosure of any material business dealings between the company and its directors and outside counsel.

Form S-1 is also known as the "Registration Statement Under the Securities Exchange Act of 1933".


Definition of 'SEC Form S-1'
The initial registration form for new securities required by the Securities and Exchange Commission (SEC) for public companies. Any security that meets the criteria must have an S-1 filing before shares can be listed on a national exchange.

Form S-1 requires companies to provide information on the planned use of capital proceeds, detail the current business model and competition, as well provide a a brief prospectus of the planned security itself, offering price methodology, and any dilution that will occur to other listed securities. The SEC also requires the disclosure of any material business dealings between the company and its directors and outside counsel.

Form S-1 is also known as the "Registration Statement Under the Securities Exchange Act of 1933".

Read more: http://www.investopedia.com/terms/s/sec-form-s-1.asp#ixzz2A9HQLZO3

[rubberworm]

http://www.craigdailypress.com/news/2012/oct/19/rig-count-oct-20/

[Oilbull]

From June 30th

Despite these economic and operational challenges, we were able to stay focused and post solid financial and production results, while significantly trimming our G&A expenses. Going forward, we expect to report strong revenue growth and gains from strategic sales as opportunities present themselves."

[GusherMan]

I agree...$2-3.00 is a fair price for what ARET has accomplished. The MM's can't even fill a 2000 buy...they have to naked short it. They are anxiously waiting as well...I would bet that large investors...institutions...hedge funds...even new Board members, might start buying heavily after the S-1a is released...

Either on the train when it leaves the station or not...

But I also agree...when higher production...joint ventures...etc..are realized, like aquisitions...we will take off much faster...just to get to a fair value in the industry PE....

Patience...key to investing...

[tomtom256]

hi gush

yes trading at 2times earnings is absurd (i think 10-15 times is the real price, maybe 18 don´t know)

we all can only hope that s-1 will bring us the big rebound and new investors - but i think not more than 2-3 $ my guess

when there will be out news about drillings and so on and change of stock exchange then it will be a BIG ROCKET and will rice up much more faster than felix baumgartner reached the earth

hope the management have enough good stuff for us all

IMO !!!

thomas

[GusherMan]

Tom..I think the 8k-a is the prelude to the s-1a. But...if such little volume moved us to this level, what do you think heavy volume will do :) There is so much more of an upside here then downside. Pure and simple...and the traders that might have made money on the downside here...will also make money on the upside. Just more to be made on the upside now...especially with all the news we expect to be coming our way.

Trading at what..2 times earnings, to date?? LOL...come on...patience will be rewarded,,IMO...

slow and steady wins the race...

[Oilbull]

And the location :)

[rubberworm]

Good news...."It would be the first one built in the United States in more than 30 years." About time!

[Oilbull]

Refinery to be built.Boom time is close:)

http://www.valleynewslive.com/story/19792260/new-north-dakota-oil-refinery-moves-closer-to-reality

[Oilbull]

8-Ka Out

http://www.sec.gov/Archives/edgar/data/820901/000119312512423308/d424394d8ka.htm

[Oilbull]

[tomtom256]

everything is possible

i meant "christmas" cause SEC is working slower than slow

[Oilbull]

Is there a x-mas in October?

[tomtom256]

but maybe i asked wrong to the sec
we will see

sec is working very fast just 4 months till i get the answer

if they work as fast as at s-1 then it could be christmas or later...

[tomtom256]

i asked SEC weeks ago how long it could take to proove s-1

that´s the answer -->

The SEC does not analyze Form S-1 filings to “prove” or verify the accuracy of all of its contents. Rather, CEOs and CFOs of publicly traded companies generally certify under oaths as to the accuracy of their recent SEC filings. If, however, you are alleging that a particular filing includes false or misleading information, please provide us with specific details, including the company’s name and your contact number.

WHY takes it that long time ???

thomas

[GusherMan]

I don't know it it would be required for shareholder approval. However, who would oppose that. Let's see what happens when the shares are called in for AMEX...can't go naked on AMEX, Shares will need to be in hands first...

always darkest before the dawn. I agree..we will bounce back..and fast

[Level 4]

Gusherman, in regard to a certain oil and nat gas company, would it need shareholder approval for an uplisting to a higher exchange after its S1 is approved?

I read that private companies looking to do an IPO can only schedule the IPO once (1) the S1 is SEC approved and, (2) the private investors approve it.

And the process of getting the details of the S1 adjusted to satisfy the SEC may take several months of back and forth communication between the company and the SEC.

[Oilbull]

Old news is definitely good news..How people forget.

http://ir.stockpr.com/areteindustries/all-sec-filings/content/0001193125-12-164739/d313322dex991.htm??TB_iframe=true&height=auto&width=auto&preload=false

http://www.globenewswire.com/news-release/2011/05/31/448415/223290/en/Arete-Industries-Inc-Announces-Completion-of-10-Million-Acquisition-of-Oil-and-Gas-Assets.html

[Oilbull]

http://brainerddispatch.com/opinion/guest-columns/2012-10-10/fossil-fuel-reserves-will-add-environment-concerns

[GusherMan]

And with the Ryder report...our value will simply increase as the price of oil rises...and Domestic, is key over the next 20 years and beyond..especially with fossil fuels...

[GusherMan]

Higher...IMO

[rubberworm]

Good point there Gusher never liked that guy...Oil $150 a barrel in 2013 JMHO.

[Oilbull]

Those characters will never learn.They all had a chance to take profits.They know it and I know it.Now those characters are frustrated.Maybe I can help them understand and be a good Samaritan.

Always take at least some profit at 20 to 25%..

Here is the link on the basics of investing.Hope it helps characters.

http://trading-stocks.netfirms.com/profit-taking.htm

[GusherMan]

Nice to see Rubber gone...

[GusherMan]

Especially since more production will be coming from that state :)

[Oilbull]

Gush,nice to see that(DNR Oil and Gas, Inc) Arets LICENSE was renewed in the state Kansas of late.:)

LICENSE= EXPIRES= STATUS = COMPANY
30425 = 07/30/2013 = Active = DNR Oil and Gas, Inc.

[GusherMan]

Never read anything about Ohio.