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is this company still active as I see that they trade but decided to pick it up
I recently received a tip about this company doing big business all over the world. Anybody in this chat room?
Terra Energy & Resource Technologies Acquires STeP Technology
Jun 3, 2009 7:00:00 AM
Email Story Discuss on ZenoBank
View Additional ProfilesCompany to Broaden Its Intellectual Property Platform
NEW YORK, June 3 /PRNewswire-FirstCall/ -- Terra Energy & Resource Technologies, Inc. (OTC Bulletin Board: TEGR), a natural resource exploration services technology company, announces that the Company acquired all the rights to the satellite-based STeP technology.
The Company has purchased all the rights to the technology from the Institute of Geoinformational Analysis of the Earth, and, in connection with the acquisition, terminated the 30 year exclusive worldwide license with the Institute.
"Our Company now owns and operates the technology directly, which provides us with complete control of timing, costs, and future R&D efforts. We have completed the transfer of all of the databases, software, and technical documentation and have already hired scientists. While direct ownership of all of the STeP components gives us greater flexibility in the technology's application in service projects, the Company is now empowered to economically examine opportunities associated with Terra's own natural resource interests acquisitions," said Dmitry Vilbaum, the Company's Chief Executive Officer.
"Terra Energy & Resource Technologies is dedicated to the creation and development of innovative, highly accurate and efficient exploration technologies. Direct ownership of the STeP technology is the first phase of a longer list of technology acquisitions planned for 2009. We are currently constructing a new suite of exploration technologies that we believe is able to effectively address major challenges of oil & gas and mineral exploration - from effective regional assessment of hydrocarbon and mineral potential of large license blocks to identification of zones of open fracturing and fluid saturation. The STeP technology acquisition is a major milestone in this respect," said Dr. Alexandre Agaian, President of Terra Energy & Resource Technologies, Inc.
"Unlike other remote sensing methods, dealing, for instance, with oil seeps, our STeP(R) technology is a more sophisticated suite of analytical and remote sensing methods, such as structure-metric analysis, paleo-reconstruction, geodynamic analysis, and spectrometry. Our deep understanding of subsurface processes enables us to substantially more accurately direct the exploration process from its very early stages onward to the confirmation of a drillable location. Innovative technologies are our major competitive advantage," added Dr. Agaian.
About Terra Energy & Resource Technologies, Inc.
Terra Energy & Resource Technologies, Inc., through its subsidiary Terra Insight Services, Inc., provides mapping and analysis services for exploration, drilling, and mining companies related to natural resources found beneath the surface of the Earth. The Company uses a suite of innovative and efficient technologies, which facilitate the prediction and location of commercially viable deposits of hydrocarbons, gold, diamonds, and other natural resources and assesses them for any given geographic area -- on or offshore. For more information, visit http://www.terrainsight.com.
Safe Harbor for Forward-looking Statements
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. There are many factors that could cause the Company's expectations and beliefs about its operations or its plans to acquire additional exploration properties, plans to drill or drilling results to fail to materialize, including but not limited to competition for new acquisitions; availability of capital; unfavorable geologic conditions; prevailing prices for oil, natural gas and other natural resources; and general regional economic conditions.
For More Information, Please Contact:
Aero Strategic Advisory, A division of Aero Financial, Inc.
Ed Carter
702-982-7732
SOURCE Terra Energy & Resource Technologies, Inc.
----------------------------------------------
Ed Carter of Aero Strategic Advisory
+1-702-982-7732
for Terra Energy & Resource Technologies
Inc.
Terra Energy & Resource Technologies Announces 1st Quarter Results and Corporate Initiatives for 2009
May 26, 2009 7:00:00 AM
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View Additional ProfilesNEW YORK, May 26 /PRNewswire-FirstCall/ -- Terra Energy & Resource Technologies, Inc. (OTC Bulletin Board: TEGR), a natural resource exploration services technology company, announced today that the Company's revenues were $2 million in the first quarter of 2009 with gross profit of $645 thousand and approximately $428 thousand remaining after the cost of revenues and operating expenses excluding non-cash expenses.
"The first quarter was very successful for us. Our plans and initiatives, started in 2008, materialized in this, our first significant quarter in revenues since the beginning of 2007," said Dr. Alexandre Agaian, the Company's President.
Terra Energy & Resource Technologies has been actively pursuing opportunities to acquire innovative exploration technologies, which the Company plans to use in its fee for services business, conducted through a wholly owned subsidiary, Terra Insight Services, Inc., while pursuing natural resource interests. The three prong approach of the business model also includes the Company's participation in joint ventures, from which it would receive carried economic interests, based, in part, on higher projected returns on investments for all participating parties through the use of the Terra technologies suite.
"We had substantial revenues in the first quarter, however, mainly due to accounting treatment of the voluntarily forfeited stock options by our President, we had a non-cash expense of $2,208,172, which in addition to a non-cash deferred compensation expense of $20,598, resulted in us reporting a net loss of approximately $1.8 million," said Dmitry Vilbaum, the Company's CEO. "We are dedicated to advanced exploration technologies, and we plan in 2009 for acquisition of unique prospecting tools with the subsequent creation of a new technology and service center. We believe that innovative exploration methods in today's world of depletion and escalating exploration challenges are the main contributors to success, and our technologies pave the way to it."
About Terra Energy & Resource Technologies, Inc.
Terra Energy & Resource Technologies, Inc., through its subsidiary Terra Insight Services, Inc., provides mapping and analysis services for exploration, drilling, and mining companies related to natural resources found beneath the surface of the Earth. The Company uses a suite of innovative and efficient technologies, which facilitate the prediction and location of commercially viable deposits of hydrocarbons, gold, diamonds, and other natural resources and assesses them for any given geographic area -- on or offshore. For more information, visit http://www.terrainsight.com.
Safe Harbor for Forward-looking Statements
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. There are many factors that could cause the Company's expectations and beliefs about its operations or its plans to acquire additional exploration properties, plans to drill or drilling results to fail to materialize, including but not limited to competition for new acquisitions; availability of capital; unfavorable geologic conditions; prevailing prices for oil, natural gas and other natural resources; and general regional economic conditions.
For More Information, Please Contact:
Aero Strategic Advisory, A division of Aero Financial, Inc.
Ed Carter
702-982-7732
SOURCE Terra Energy & Resource Technologies, Inc.
----------------------------------------------
Ed Carter of Aero Strategic Advisory
A division of Aero Financial
Inc.
+1-702-982-7732
Terra Energy & Resource Technologies Retains Aero Strategic Advisory
May 5, 2009 8:30:00 AM
Email Story Discuss on ZenoBank
View Additional ProfilesNEW YORK, May 5 /PRNewswire-FirstCall/ -- Terra Energy & Resource Technologies, Inc. (OTC Bulletin Board: TEGR), a natural resource exploration services technology company, announced today that the Company has retained the services of Aero Strategic Advisory, a division of Aero Financial, a global consulting and financial services firm. Based in San Diego, Aero Strategic Advisory will assist Terra in a number of initiatives, including but not limited to creating and implementing a broker/investor awareness program, financial conferences, road show guidance, media targeting and outreach, as well as incoming and outgoing shareholder communication.
Dmitry Vilbaum, CEO of Terra Energy & Resource Technologies, Inc. commented, "The retention of Aero represents an important step in our company's development. We feel that we have been on target with our current business plan milestones, and it is important to disseminate news of our significant progress. Aero will help us to effectively craft and deliver our message, allowing us to build upon our success and discover new opportunities."
Edward Carter, Senior Vice President of Aero Financial, Inc., comments, "I have known the management of Terra Energy & Resource Technologies for several years and believe that the company's technology suite is unique and provides the exploration industry participants with tremendous improvements and benefits in their mining, drilling and exploration activities. I look forward to helping Terra continue its positive growth."
About Aero Financial
Founded in 1992, Aero Financial is a diversified holding company with core competency in Strategic Advisory and Consulting. Aero provides access to growth capital as well as a full range of essential support and organizational services to private and public companies, starting from business plan to IPO and everything in-between, including angel investment, venture capital, communications, human resource management, and crisis management. Subsidiary, Aero Financial Sri Lanka, provides professional management and consulting services for governments and corporations throughout the Middle East and Southeast Asia.
Aero is headquartered in San Diego, and has offices in Dallas, Baltimore, Las Vegas, London, Dubai and Sri Lanka. Aero Financial's corporate office may be contacted at +1.858.481.8022 or at www.aero-financial.com
About Terra Energy & Resource Technologies, Inc.
Terra Energy & Resource Technologies, Inc., through its subsidiary Terra Insight Services, Inc., provides mapping and analysis services for exploration, drilling, and mining companies related to natural resources found beneath the surface of the Earth. The Company uses a suite of innovative and efficient technologies, which facilitate the prediction and location of commercially viable deposits of hydrocarbons, gold, diamonds, and other natural resources and assesses them for any given geographic area -- on or offshore. For more information, visit http://www.terrainsight.com.
Safe Harbor for Forward-looking Statements
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. There are many factors that could cause the Company's expectations and beliefs about its operations or its plans to acquire additional exploration properties, plans to drill or drilling results to fail to materialize, including but not limited to competition for new acquisitions; availability of capital; unfavorable geologic conditions; prevailing prices for oil, natural gas and other natural resources; and general regional economic conditions.
For More Information, Please Contact:
Aero Strategic Advisory, A division of Aero Financial, Inc.
Ed Carter
702-982-7732
SOURCE Terra Energy & Resource Technologies, Inc.
----------------------------------------------
Ed Carter of Aero Strategic Advisory
A division of Aero Financial
Inc.
+1-702-982-7732
for Terra Energy & Resource Technologies
Inc.
Again more news on TEGR. Company gets sign mou with the country of jordan....could be the begining of activity...am bidding for stock to see if I can get some cheap stock before the move...I see near term at .40
its been a long time since anyone has mentioned this company.....have been doing research the company has been moving forward with there technology positive news the last few weeks....anybody know anything about what is going on
TEGR 0.16 (+158.06%) vol 101,000 ???????
Under the radar. (MKGP)
Royaltyfree-DD
I'll post anything I hear, as soon as I hear it. I figured almost everything would be kinda slow over Christmas, so I wasn't going to get myself worked up over it.
OK. Thanks for the heads up. Stillholding my 10,000 shares and am currently up 24%.
I was very frustrated by the delay in the filing as well. I am looking for more PRs soon, though. It's back on my radar, and I'll post anything I hear on the board.
Good morning all! I think TEGR may start waking up again soon...
Weird stuff - no volume, big spread .25 x .33. Volume would drive this up substantially.
great. thanks Terra , for the late filing and loss of 15%
TEGR chart: +8%
Yep i left awhile back too. This aint looking to pretty now.
no news about the fillings?
I 'm out this is not looking to good,
glta,
hope the file soon and it's a nice one , this moves to fast, and for a delay like this..
-P
I have no idea when the "E" will be removed. If I hear anything, I will post it. here. I encourage anyone else who gets word to share it with the board.
Slow walk down so they can reload until "e" comes off?
Let's hope"E" will go away today,with financials released! :)EOM
No whisper numbers??? LOL...
I share the same concerns. I'm not panicking, because I think the company is solid. They responded to my email, which is a big plus, and as long as I know it's a short delay, I'm reassured.
Fortunately, the PPS is holding up well. Only 4000 shares sold today, which didn't even move the bid. I like that.
The market, in my opinion, is confirming that TEGR is solid, and is awaiting further developments.
Thanks Stock Lobster your the best ;) EOM
thanks for info :)
I'm told TEGR will lose the "E" before the end of the week, fwiw.
They are awaiting the financials from their accountant.
Yep patience will prevail here :)
yes, i have my mental stops in place to protect my profits. It avoids the emotions. Still long with about 2/3 my original postion still in place. this looks to be just a long hold barring any sudden selloffs again.
Looking foward to that info :)
I understand your concern, but looking at trading on Friday, it looks like there was actually buying into the close, fwiw.
I will call on Monday and see what I can find out. I'll post on the board as soon as I hear a response.
I will call the company on Monday to find out when the 10Q will be filed.
The "E" will disappear soon enough, no worries here bud :)
Wat do u Mean ? EOM
The "E" won't last long folks :)
Yep. I hate these buggers,
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