Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
PPWE SEC Suspension:
http://www.sec.gov/litigation/suspensions/2014/34-71681.pdf
Order:
http://www.sec.gov/litigation/suspensions/2014/34-71681-o.pdf
Admin Proceeding:
http://www.sec.gov/litigation/admin/2014/34-71680.pdf
It doesn't always work that way in the market. You must always weigh the potential reward with the attached risk. Be more selective in your stock selection. Suggest buying better quality companies, or insured products. GLTU.
too funny but J.E. Abdo disappeared as CEO obviously:
http://www.tampabay.com/news/publicsafety/crime/charges-dropped-against-doctor-accused-of-drug-violations/1208531
Sorry sorry to break the news to u guys but this is not going any where but down just look at a chart even from day one this has done nothing but go down I was one of the lucky I soon i get in did a little back ground the people who run the boy it look more like a list chow call from prison a bunch low life scammer , and druggie U all know what happen when u deal scammer Adola he will rip off for everything he can from u to feed his drug addiction %99.9 of the the drug , I figure everyone should at least the truce hey if u still the stock it am sure the company will give u all u can handle for sure PLUS u got all the bagger holder on any up VUL they dump on like a bads habits .. Am willing to bet there no one here posting that they really think this will ever bounce up every one is bag holder look to hand u the hot rock there is no interest in the company they only 50 sharehold for a reason they been around long enought to show plus now they can't afford to be filing everone this going to spell the end sooner or later market our never peopler our!!!!
IT should go straight up from here. I sold the last of my 500000. Will take the big beating and walk away.
Any thoughts on the late 10-K and the super thin L 2? Something seems to be up otherwise we should have seen a huge sell off after the NT late notification and the missed 16th. But who knows?
Did anybody check the Company Homepage lately? I can ´t find any reference to the CEO J. Abdo anymore. He disappeared from the page.
This company PPWE (PeeWee) is going nowhere.....
Andrew Kacic was not the problem...the crooks are Joseph Abdo (Multiple Felon) and the group of lovlies around him feeding on his nipples.
It can't be any worse than 2011. Just hoping someone sees some value in the shell and something is vended into it, bringing us back around 0.10 cents.
2012 should be a good year for the company.
PPWE Security Details
Share Structure
Market Value1 $101,000 a/o Jan 04, 2012
Shares Outstanding 101,000,000 a/o May 15, 2011
Float Not Available
Authorized Shares 500,000,000 a/o May 07, 2009
Par Value No Par Value
Shareholders
Shareholders of Record 51 a/o Mar 31, 2011
Corporate Actions Ex. Date Record Date Pay Date
Security Notes
•Capital Change=shs increased by 50 for 1 split. Ex-date=05/07/2009. Rec date=05/01/2009. Pay date=05/06/2009.
Short Selling Data
Short Interest 0 (-100%)
Nov 15, 2011
Significant Failures to Deliver No
Transfer Agent(s)
ClearTrust, LLC
Called T/A today and SS has not changed....
lol...sorry about that...another stock I was on had a DTCC question.....yes that 8K is a resignation... lmao...
Excellent thought there on PPWE meffi.....
"old" news and I thought first bad news but he did not accomplish anything. his son is also in the oil bizz. hope we get some blockbuster news soon. Too many trash pinks are running on nothing. why not this one with a low float.
Thanks marlon, didn't look myself.......
Looks like a resignation only.
8-k : Replacing the peeps...looks like PPWE is ready to move now..
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=8309017
Looks like bottom....all who wanted out are out...the rest are quietly waiting....
Been watching PPWE....should see a nice pop 2012....
Slow accumulation going on...could be long termer...
Still thin PPWE....
Stockholders' Equity
Common Stock, $.0001 par value, 500,000,000 shares
authorized; 101,000,000 and 101,000,000 shares
issued and outstanding, respectively
not good.
- Current report filing (8-K)
Print
Alert
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report : December 28, 2011
Proper Power and Energy, Inc.
(Exact name of Registrant as specified in Its Charter)
Florida
(State or Other Jurisdiction of Incorporation)
000-52258
(Commission File Number)
59-3681572
(IRS Employer Identification No.)
405 South Dale Mabry Highway #360, Tampa, Florida 33609
(Address of Principal Executive Offices and Zip Code)
(904) 371-2445
(Registrant’s Telephone Number, Including Area Code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[__]
Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[__]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[__]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[__]
Pre-commencement to medications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)
FORWARD LOOKING STATEMENTS
This Form 8-K and other reports filed by Registrant from time to time with the Securities and Exchange Commission (collectively the “Filings”) contain or may contain forward looking statements and information that are based upon beliefs of, and information currently available to, Registrant’s management as well as estimates and assumptions made by Registrant’s management. When used in the filings the words “anticipate”, “believe”, “estimate”, “expect”, “future”, “intend”, “plan” or the negative of these terms and similar expressions as they relate to Registrant or Registrant’s management identify forward looking statements. Such statements reflect the current view of Registrant with respect to future events and are subject to risks, uncertainties, assumptions and other factors relating to Registrant’s industry, Registrant’s operations and results of operations and any businesses that may be acquired by Registrant. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned.
Although Registrant believes that the expectations reflected in the forward looking statements are reasonable, Registrant cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, Registrant does not intend to update any of the forward-looking statements to conform these statements to actual results.
Section 5 – Corporate Governance and Management
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Item 5.02(b) Resignation of President.
On December 23, 2011, Andrew Kacic voluntarily resigned as President of Proper Power and Energy, Inc. (“PPWE”) as well as his positions with American Resources, Inc., PPWE's wholly owned subsidiary.
This stock was pumped and is now done. How is it that a company that has 1 Billion barrels recoverable has a market cap of $262.60k?
If they were proven reserves, then real investment would be all over them.
It boggles my mind that they can publish that.
Now on the website they say they have a lease that contains Four (4) producing oil wells. Yet on the last filing it states " All of our prospects are classified as exploratory in nature..."
Lesson here? read the filings and don't trust anything else.
My first comment on the Co site was:
What is going on? No news nothing. I am very upset about the current Co. affairs
and got a reply from Nicole
then I asked:
- is Kacic still president
- what is the status of the Utah project
- what is the effect of the very delicate news from June about the CEO
Did not expect an answer because my prior messages were not returned.
Any chance of you showing us the email you wrote to them?
sorry, wrong part. Here is the answer:
Hi Mr. xxxx,
I understand your questions, and here are the answers:
1) Until and unless the company files an 8-k report with the
SEC, Mr. Kacic is still the president of the company.
2) Any news the company has to report on Utah will be released
on our website or through a press release.
3) The company does not comment on any personal matters related
to its officers and directors, and if the board of directors felt
there was any “negative impact”, as you state, you can be
sure that they would have taken any necessary action.
Thank you and Happy Holidays,
Tried to get some news like if Kacic is still president. Never got an answer before. This is the answer from Nicole:
Thank you for your message. As always, we will publish any news or updates as they occur on the company site. We will continue to file all our reports in a timely manner as required.
Thank you and Happy Holidays,
Nicole
Just waiting for some news here...
any development underway or some light at the orizon what happened with the 3 wells under production thanks to share
Does the "C" stand for Clyde? hmmmmmmmmmmm.....
only MM will make money at the moment. commission fees. lol.
lolzzzzzzzz...just a lil' bidwhack to shake a tree which isn't going to be....needs to get back to attractive territory for a good boing where shares can be traded....
I doubt that you can buy a lot at 5. 50k at 7 and 250k at 85. you prob won ´t get any at 2
PPWE - Moves quickly...get 'em here and it's all going to be profits...I wish I was this low...
lmao....well resentments grow like a weed and never leave if you can't change your mental attitude.....
Probably ran out of new peeps to complain to.....
he must feel really lonesome. lol. all of a sudden appears on the board again.
In your dreams they are real but once you wake up real life stares at you laughing I would bet....Public files for any government offices make you account for who you are when looking for open files...lmao....Yea, click on them.....ROTFLMAO...
This will go large soon enough....
Great Sign....when trading stock from Cell Block "C"
Yes you are correct....the links to the Hillsborough County Sherrif's Dept. are surely fake....lmao....don't be a fool....it is real!!
Nice Try at what? I was not the one that sentthe SEO to jail....He did it himself....over and over again....LMAO
this stock moves in any direction fast. lol. somebody sold at the bid, no big deal. MM can do anything with this stock without news. Huge spread. now 1@75 and 2@85 and only 5k at 75
Followers
|
24
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
2186
|
Created
|
10/03/09
|
Type
|
Free
|
Moderators |
Company Information
Proper Power and Energy, Inc. (PPWE), formerly Ivecon Corporation, is an oil and natural gas exploration company. The Company operates in the energy services sector, which services the upstream energy industry where companies explore, develop, produce, transport, and market oil and gas. This industry is comprised of a diverse number of operators, ranging from very small independent contractors to the extremely large corporations. The Company has secured a lease on 11,000 acres in the Rush Valley region of Utah and seismic charts of the area for exploration.
Proper Power and Energy Inc.
5113 Central Avenue St. Petersburg FL 33710
Phone: +1 (727) 410-5858 +1 (727) 410-5858
Rules of the Board (taken form another board but summerizes why posts get deleted)
RULES AND HOW NOT TO GET DELETED:
A nice summary from 'illflyifyoubuy'
Originally posted here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60835308
Quote:
STAY ON TOPIC...
IF PART OF YOUR POST IS OFF TOPIC, IT'S DELETABLE..
IF YOU'RE POSTING ABOUT DELETIONS, IT'S DELETABLE..
IF YOU'RE POSTING ABOUT OTHER STOCKS, IT'S DELETABLE..
IF YOUR POSTING ABOUT ANOTHER PERSON AS A PERSON, AND NOT ABOUT THEIR POSTED STATEMENTS...IT'S DELETABLE...
IF YOU'RE POSTING ABOUT SOMETHING THAT'S NOT MATERIAL TO [SNEY], IT'S PRODUCTS, PEOPLE IN SOME SIGNIFICANT/MATERIAL WAY..IT'S DELETABLE..
AND IF YOU'RE ABOUT TO WRITE THAT ANY PARTICULAR "SIDE" IS FAVORED...SAVE IT...READ THE ENTIRE DAY'S POSTS...AND SEE WHAT REMAINS ON THE BOARD...EVEN THE MOST OFFENSIVE, IF NOT AGAINST RULES, THEN IT STAYS...SO SAVE TALK ABOUT FAVORITISM.
THANKS,
--------------------------
[please read and understand] HOW NOT TO HAVE YOUR MESSAGE DELETED 101
1. If 90% of your message is about thecompany , but 10% is about the poster, it will be deleted. So, as soon as you write, "You post lies or you post false information...," or "You have a negative agenda and only post opinions, I have facts," the message is gone. Just post the opinions or facts about the company without engaging the other person. You simply don't need to include the extraneous flames on the other person.
2. Don't accuse a poster or a group of posters of having motives or are trying to manipulate the stock. If they post something you don't agree with, simply write what your thoughts are or what facts you have. As stated, if the post questions the previous poster, it's zapped. Simple. So don't say, "You're bashing this stock...," or "You have a personal problem with the company," or "You are a liar", or "Whichmarket maker are you working for," because your message will be deleted. Just state what the information you have is without regard to the other person.
3. Don't include comments like, "This will probably be deleted," or "my messages were deleted," or "why aren't the basher's posts deleted", because if you do, they are required to be deleted. The proper way to appeal deletions of your posts, is to click TOOLS then MY REMOVED POSTS. You can appeal unless Administration deleted it.
4. Don't attack or question the mods because you had a post deleted. Understand that if you want to discuss something with a mod, send a PM. If you can't send PM's because you have a free membership, then buy a membership.
5. Don't send messages that should be private through the public board. Don't say, "contact me on Yahoo," or "I need to talk to you in private here's my email." If you can't send a private message because you're free, pay for a membership. Or, sneak it in on a non-stock board. Don't clutter the board with invites to share info privately.
6. Don't repeat the same thing over and over. Don't post about other stocks. If you repeat the same thing, or post about other stocks, it's considered SPAM. I'm all for dialogue and debate, but posting duplicate messages just to annoy each other or intimidate, will be deleted as duplicates.
Here is the link to IHUB Rules for Deletions
ihwiki.advfn.com/index.php?title=Handbook#Deletion_of_Posts
Everyone should read them before posting so they understand IHUB Rules. You don't have to agree with them, but you have to follow them.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |