Rio Bravo Oil, Inc. (fka RIOB)

[Renee]

April 4,2019 RIOB revoked registration:

https://www.sec.gov/Archives/edgar/data/1502774/999999999719002318/filename1.pdf

[TenKay]

RIOB SEC SUSPENSION

https://www.sec.gov/litigation/suspensions/2018/34-83964.pdf

Order:

https://www.sec.gov/litigation/suspensions/2018/34-83964-o.pdf

Admin Proceeding:

https://www.sec.gov/litigation/admin/2018/34-83963.pdf

[Renee]

RIOB: SEC Charges Recidivist in Stock Manipulation Scheme:

https://www.sec.gov/litigation/litreleases/2018/lr24219.htm

https://www.sec.gov/litigation/complaints/2018/comp24219.pdf

On July 27, 2018, the Securities and Exchange Commission charged Howard M. Appel with manipulating the stocks of three microcap companies while on supervised release following his criminal conviction for a prior securities fraud.

According to the SEC's complaint, Appel orchestrated multiple schemes to manipulate the market for trading in shares of Virtual Piggy Inc., (VPIG), Red Mountain Resources Inc. (RDMP), and Rio Bravo Oil Inc. (RIOB), and concealed his activity by using overseas associates and nominee brokerage accounts. The SEC's complaint alleges that Appel secretly acquired ownership or control over sufficient shares of the companies so that he and his associates could manipulate their stocks through coordinated trading activity. As alleged in the complaint, Appel kept tight control over the trading and engaged in matched trading with his associates. In one instance, Appel allegedly sought to coordinate artificial bidding activity to prevent the price of RDMP from dropping, emailing instructions to his associates: "Have ur guy for 12500 at .87 and another 7500 at .85 in case we get hit by selling today. (My guy above that bidding .87)." In another example in the complaint, Appel sold 200,000 shares of RIOB to accounts controlled by one of his associates overseas in a series of matched trades that accounted for 80 percent of the reported volume on RIOB's second day of trading.

The SEC's complaint, which was filed in federal court in Pennsylvania, charges Appel with violations of Sections 17(a)(1) and 17(a)(3) of the Securities Act of 1933 and Sections 9(a)(1), 9(a)(2), and 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5(a) and (c) thereunder. Appel has agreed to settle the SEC's charges. Appel will be barred from serving as an officer or director of a public company. The court will determine monetary sanctions and other relief at a later date.

On the same day, the U.S. Attorney's Office for the Eastern District of Pennsylvania also announced a parallel criminal action against Appel.

The SEC's investigation was conducted in the New York office by Rhonda Jung, Melissa Coppola and Adam Grace under the supervision of Lara Shalov Mehraban. The litigation will be led by Preethi Krishnamurthy and Ms. Jung. The SEC appreciates the assistance of the U.S. Attorney's Office for the Eastern District of Pennsylvania and the Federal Bureau of Investigation.

[Insecurious]

Anyone know why someone is still paying $0.021/share for RIOB? Is there any life left in the company?

[Renee]

RIOB is severely delinquent in filing the company's Financials. The stock is at risk of an SEC Suspension and subsequent stock registration revocation.

https://www.sec.gov/cgi-bin/browse-edgar?company=Rio+Bravo+Oil&owner=exclude&action=getcompany

[furio_lorenzo]

$9000 in revenues, $1.06 million in losses. In one quarter. Boy this is a real keeper.

[ConradL]

Ponzi alert. Only well that this company has ever drilled (if they really did) was announced in January and now all references to it are gone. No revenues, lots of loans, a very strange acquisition of a company the CEO owns and was under water. Looks like the classic con and the people here are veterans at it.

[Ma$tertrader13]

Hello

[kimzerfantastik]

114kVOL@.84 today,

historical,
http://ih.advfn.com/p.php?pid=historical&symbol=riob

[Phull1]

News today...

http://ih.advfn.com/p.php?pid=nmona&article=53955116&symbol=RIOB


Rio Bravo Oil, Inc. Announces Initiation of Field Development
Rio Bravo Oil, Inc. (OTCBB:RIOB)
Monday 27 August 2012


Rio Bravo Oil, Inc. (OTCBB: RIOB) ("Rio Bravo" or the "Company"), a domestic oil company based in Houston, TX, announced today that it has begun drilling operations on its leasehold in Luling, Texas. The Company recently completed a lease trade with Eagle Energy Trust (EGL-Un.TO) which allows for the extension of a horizontal well across the front of its D.G. Tiller leasehold, located on the Salt Flat Field. The Company then filed for and has received a permit to drill the D.G. Tiller 4H well into the Edwards formation. Drilling on the well is scheduled to commence in October 2012. In addition to the horizontal well, the Company has also begun recompletion of four of its existing Austin Chalk wells.

The Company's plan is to drill several new wells on its acreage in close proximity to existing Edwards production, and then to evaluate the results. The work on the D.G. Tiller 4H well is consistent with the Company's business plan. The Company believes this approach may provide valuable information that may enable Rio Bravo to access significant proved oil reserves associated with its leasehold. Additionally, Company management believes the results from this initial drilling program may provide the basis for guiding the Company's future development plans. Rio Bravo hopes to report initial results from this drilling program in the early part of the 4th quarter.

Management Comments

Rio Bravo's CEO, Tom Bowman, commented, "Development of the Edwards formation has continued with strong results in the Luling Area. Rio Bravo is now positioned to potentially realize value by demonstrating results on the DG Tiller 4H. We continue to define new locations, and will initiate new well permits to expand the drilling program upon completion of the DG Tiller 4H."

About Rio Bravo Oil, Inc.

Headquartered in Houston, Texas, Rio Bravo Oil, Inc. is a growth-oriented, publicly traded exploration and production company with a strategic focus on development of proven undeveloped reservoirs on its properties in the United States and the expansion of its fields through unconventional exploration methods and resource development. Rio Bravo Oil's leasehold position in the Salt Flat and Luling Branyon field has positioned the Company to expand through focused drilling in a productive environment. Additional information is available on the Company's website at http://www.riobravooil.com/

Forward Looking Statements

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in this press release that address activities, events, or developments the Company expects, believes, or anticipates will or may occur in the future are forward-looking statements. These statements are based on certain assumptions made by the Company based on management's experience and perception of historical trends, current conditions, anticipated future developments and other factors believed to be appropriate. Such statements are subject to a number of assumptions, risks, and uncertainties, many of which are beyond the Company's control, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements. Further information on such assumptions, risks and uncertainties is available in the Company's filings with the U.S. Securities and Exchange Commission ("SEC"). The Company's SEC filings are available on its website at www.RioBravoOil.com and on the SEC's website at www.sec.gov. Any forward-looking statement speaks only as of the date on which such statement is made and the Company undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

SOURCE Rio Bravo Oil, Inc.

[Timothy Smith]

Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On July 31, 2012, the Company’s Board of Directors approved the creation of Series C Redeemable Convertible Preferred Stock and designated 12,000,000 shares of the Company’s authorized Preferred Stock par value $0.001 as Series C Redeemable Convertible Preferred Stock par value $0.001 (“Series C Preferred Stock). The Series C Preferred Stock has a dividend preference and liquidation preference over the Company’s Common Stock. The Certificate of Designation for Series C Convertible Preferred Stock par value $0.001 was filed with the Nevada Secretary of State on July 31, 2012.

The Series C Preferred Stock has an Original Issue Price of $1.00 per share and carries a Cumulative Series C Preferred Stock Dividend of five percent (5%) per annum payable on a quarterly basis in cash or in kind at the option of the Company.

Each share of Series C Preferred Stock may be converted by any holder thereof, without any further consideration, at any time, into 1.11 shares of Company Common Stock (the “Conversion Rate”). The Conversion Rate is subject to adjustment as detailed in the Certificate of Designation. Further, each share of Series C Preferred Stock shall be automatically converted into shares of the Company’s Common Stock at the Conversion Rate upon the occurrence of any of the following events:

(a) The shares of the Corporation’s Common Stock shall trade at a price of over $1.75 per share (as adjusted) for a period in excess of thirty (30) consecutive trading days and the shares of the Company’s Common Stock underlying the Series B Preferred Stock are either (i) included in an effective registration statement or (ii) eligible to be traded pursuant to an applicable exemption from registration.

(b) The closing of a Qualified Sale in accordance with the terms of the Certificate of Designation. For these purposes, “Qualified Sale” means (1) the sale of all or substantially all of the assets of the Company or the outstanding shares of capital stock of the Company entitled to vote generally for the election of directors, in any such case for cash or securities having a value of at least $5.00 per share of Common Stock (as adjusted), but excluding any such transaction in which the consideration received by the Company or its stockholders includes securities of the purchaser and such purchaser is not subject to the reporting requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended.

(c) The merger of the Company which results in the shareholders of the Company prior to the merger owning less than fifty percent (50%) of the voting power of the Company following the merger.

(d) An underwritten initial public offering of the Company’s shares with gross proceeds of at least $50,000,000.

[Timothy Smith]

CEO's Message

“ Thank you for investing in and following Rio Bravo Oil, Inc. We are a dynamic organization positioned to capitalize on opportunities in hydrocarbon resource development. Our team will bring to bear its significant geological and geophysical acumen, with ...

[Timothy Smith]

About Rio Bravo Oil

Rio Bravo Oil is a growth focused public E&P Company with a strategic focus on development of proved undeveloped reservoirs, and the expansion of fields through unconventional methods and resource development.

[Timothy Smith]

Whats the next move here? Balance sheet is strong, production coming online?

[Phull1]

Dropped the "D" today

[Phull1]

Another 100K buy at .95 today...

[Phull1]

My L2 shows a transaction at 11:00 for 400,000 @ 1.02 and next to it says nxt.da. Anyone ever seen this on a L2? Does it mean next day?

[Phull1]

yeah very odd stuff...

[Wrinkles]

500k shares of action suddenly.....

[JThurstenson]

When does the D come off?

[softballdaddy]

Yes sir, fully agree

[buyselldan]

Been tied up in meetings all day. Some big buys here today. Something is up.

[softballdaddy]

Loading by the chunk full

[Wrinkles]

Added some RIOBD today Bro, got a good feeling about this one. Follow the money, someone is loading huge.

[Wrinkles]

Yes, looks very very good, I smell money, something is up here in RIOBD land, very obvious. Huge blocks and bucks loading for 4 or 5 days now.

[ALL-IN888]

Holy Cheet! 180K share @ 1.05 someone is loading up WOW! See you at $3.00 promise!

[Phull1]

Jumped in when I saw the volume and size of orders, at least 5 single trades of $85-90K over the past two days. Interesting indeed...

[softballdaddy]

lots of big buys...look at the 6 month chart...almost like you put a ruler and angled it up...def. uptrend

[TEFFY]

for a quiet stock, this has seen activity recently.

[TEFFY]

anything real or any substance here?

[TEFFY]

anything is possible when the D falls

[TEFFY]

interesting recent activity

[Wrinkles]

LOL, you got a point there, goooo RIOBD!

[softballdaddy]

Any stock that makes money is up our alley....

[Wrinkles]

This stock right up yer alley Softdaddy, good luck!

[softballdaddy]

New Acquisition:

Mr. Wesley A. Franklin, Wes, serves as Director of Exploration of Pan American Oil Company LLC. Mr. Franklin served as an Executive Vice President of Touchstone Resources Ltd. until October 2009. He served as Executive Vice President of Cygnus Oil & Gas Corp. (formerly Touchstone Resources U.S.A., Inc.) from July 7, 2004 to November 15, 2005. Mr. Franklin served as the President of Quantum Oil & Gas LLC, a Texas-based oil and gas exploration company, since co-founding Quantum Oil & Gas LLC in December 1998. He co-founded Mantle Resources, LLC, a Texas-based oil and gas consulting company, in December 2002. Mr. Franklin held senior management positions in Tenneco Oil Company and Fina Oil and Chemical Company from 1980 to 1997. Mr. Franklin has been in the E & P segment of the petroleum industry for 36 years. Mr. Franklin has over thirty years of successful oil and gas exploration and production experience, Mr. Franklin has worked in every facet of exploration and production. Since his retirement from Fina in 1997, he has been an active consultant in both domestic and international exploration plays. Mr. Franklin began his career as an Offshore Geologist for Gulf Oil Company in 1969. In 1973 he moved to California with Tenneco Oil Company then to West Texas in 1982. He was involved in discoveries of 200 million barrels of oil and 200 billion cubic feet of natural gas. His career with Tenneco ended with the sale of its in 1988. In 1988, Mr. Franklin joined Fina Oil and Chemical Company as Division Manager of the South Texas Division and subsequently became General Manager of Exploration for North America, Division Geologist and Division Geological Engineer in the Pacific Coast Division. He serves as a Director of Pan American Oil Company LLC. Mr. Franklin served as an Independent Director of Westbridge Energy Corporation (formerly Portrush Petroleum Corp.) from May 31, 2005 to September 14, 2010. He served as Director of Touchstone Resources Ltd. from July 11, 2005 to October 2009. He served as a Director of BPK Resources Inc. from January 2003 to July 2004. He served as a Director of Cygnus Oil & Gas Corp. from July 7, 2004 to November 15, 2005. Mr. Franklin is a registered geologist with both the state of Washington and the American Association of Petroleum Geologists and he is a Member of SPE and SEG. Mr. Franklin received an M.S. in Geology from Oregon State University in 1975 and a B.S. in Geology from Washington State University in 1969.

[softballdaddy]

New Acquisition:

Pan American Oil Company LLC offers oil and natural gas exploration and production services. The company engages in drilling oil and gas wells. It has interest in the Barnett Shale project. The company also manages the oil and gas properties of SNRG Corporation. Pan American also manages oil and gas properties of SNRG Corporation. The company is based in Houston, Texas. As of November 29, 2005, Pan American Oil Company LLC operates as a subsidiary of Snrg Corporation. As of February 13, 2012, Pan American Oil Company LLC operates as a subsidiary of Rio Bravo Oil, Inc.

[softballdaddy]

Rio Bravo Oil

Description

Rio Bravo Oil, Inc. is a growth-oriented, energy company engaged in the acquisition, development and exploration of oil and natural gas properties. The company has initially acquired certain working interests located within the Luling Edwards, Darst Creek, Luling Branyon, and Salt Flat fields in Texas. It is the Company's strategy to acquire certain additional working interests and assets with productive Edwards reservoirs, and to acquire additional rights associated with its targeted leases in order to obtain secondary development opportunities. The company's operations are focused in the onshore Gulf Coast of Texas. Rio Bravo combines an experienced management and consultant team with experience in the development of underdeveloped resources. Rio Bravo plans to grow production and reserves through development and exploration activities on its existing properties and through acquisitions that meet its long-term objectives for production.


Read more: http://www.oilvoice.com/Description/Rio_Bravo_Oil/dd7a810d.aspx#ixzz1nJptbdLk

[softballdaddy]

Rio Bravo Oil, Inc. Announces Initial Acquisition of Oil and Gas Properties


Share



By Rio Bravo Oil, Inc.







Published: Wednesday, Feb. 15, 2012 - 2:47 pm




HOUSTON, Feb. 15, 2012 -- /PRNewswire/ -- Rio Bravo Oil, Inc. ("RIOB" or the "Company") (OTCBB: RIOBD.OB), a growth-oriented energy company engaged in the acquisition, development, and exploration of oil and natural gas properties, announced that on February 13, 2012, the Company acquired Pan American Oil Company, LLC ("Pan American") in exchange for issuance of 5,500,000 shares of the Company's Series A Convertible Redeemable Preferred Stock and assumption of approximately $3,000,000 of Pan American liabilities.

As a result of the transaction, Pan American became a wholly-owned subsidiary of the Company. The transaction was the first step in the execution of the Company's strategy to acquire interests in the oil and gas industry. Pan American has heretofore aggregated certain oil and gas working interests and assets and has a proportionate interest in certain oil field equipment and improvements. Specifically, as a part of the Pan American transaction, the Company acquired the following interests and assets:

•Aggregation through various purchases of a minimum of 63.5% working interest in the Luling Edwards Fields
•An option to purchase a 15% working interest in the Bateman field


Each interest is subject to a 20% carried interest in favor of a third party. The Company currently has plans to drill two new wells in the Edwards formation within the next six months. The Pan American transaction is the first in a series of acquisitions of oil and gas working interests planned by the Company.

"The acquisition of Pan American gives us an important foundation for demonstration of our team's capabilities in resource development and our ability to efficiently develop production," said Thomas Bowman, Chief Executive Officer of RIOB. RIOB's Chief Financial Officer, Carlos E. Buchanan II, commented that, "the acquisition is an important asset which will allow us to demonstrate value growth through focused development of undervalued reserves."

Previously, on February 10, 2012, the Company's Board of Directors appointed Thomas D. Bowman, Carlos E. Buchanan II and Lynden Rose as directors of the Company and accepted the resignations of Paul Vassilakos as President, Treasurer and as a director of the Company and Miles Leahy as Secretary and as a director of the Company. Immediately thereafter, the Company's Board appointed Thomas D. Bowman to the offices of President and Chief Executive Officer; Carlos E. Buchanan II to the offices of Treasurer and Chief Financial Officer and Lynden Rose to the office of Secretary of the Company.

Finally, the Company announced that its previously approved thirty for one forward split of its shares of Common Stock went effective on February 15, 2012.

Forward Looking Statements

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the securities Exchange Act of 1934. All statements, other than statements of historical facts, included in this press release that address activities, events, or developments RIOB expects, believes, or anticipates will or may occur in the future are forward-looking statements. These statements are based on certain assumptions made by RIOB based on management's experience and perception of historical trends, current conditions, anticipated future developments and other factors believed to be appropriate. Such statements are subject to a number of assumptions, risks, and uncertainties, many of which are beyond the control of RIOB, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements. Further information on such assumptions, risks and uncertainties is available in RIOB's filings with the Securities and Exchange Commission ("SEC"). RIOB's SEC filings are available on its website at www.RioBravoOil.com and on the SEC's website at www.sec.gov. Any forward-looking statement speaks only as of the date on which such statement is made and RIOB undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

About Rio Bravo Oil, Inc.

Rio Bravo Oil, Inc. (OTCBB: RIOB.OB - News) is a growth-oriented, energy company engaged in the acquisition, development and exploration of oil and natural gas properties. The company has initially acquired certain working interests located within the Luling Edwards, Darst Creek, Luling Branyon, and Salt Flat fields in Texas. It is the Company's strategy to acquire certain additional working interests and assets with productive Edwards reservoirs, and to acquire additional rights associated with its targeted leases in order to obtain secondary development opportunities. The company's operations are focused in the onshore Gulf Coast of Texas. Rio Bravo combines an experienced management and consultant team with experience in the development of underdeveloped resources. Rio Bravo plans to grow production and reserves through development and exploration activities on its existing properties and through acquisitions that meet its long-term objectives for production.

For more information, please go to www.RioBravoOil.com.

SOURCE Rio Bravo Oil, Inc.

Read more here: http://www.sacbee.com/2012/02/15/4266958/rio-bravo-oil-inc-announces-initial.html#storylink=cpy

[ALL-IN888]

Bought 100K shares at .90 yesterday! See ya all at $3.00 promise! HAHAHA WEEEE!

[Phull1]

More giant transactions today...

[Phull1]

Its done that a few times today, on big time watch here. Got a bid in

[Wrinkles]

100k block just went through at .85, wowzer...

[Wrinkles]

Nice blocks going through on RIOBD, wonder if there is any chance this is APS's new play coming up? Wishful thinking I'm sure, but does look good.

[smalltimetrader]

wow, funny stock, they increased the number of shares everyone had and the price per share goes up. Can you spell, future insider enrichment.

[smalltimetrader]

me too the 10Q was massive though.

[MrPoppaGeorgeo]

I watch and see whats filings say?

[smalltimetrader]

ya, waiting to see what exactly happens. I'm going under the assumption the share price should start about .008. Low float held my 10 investors right now.

[Cakeman28]

FS hmmmm

[MrPoppaGeorgeo]

OWS doesn't skip a beat! lol