It's why I went all Nat gas and silver/gold.
No one is confident in going public.
The 600-800% days of news a shell getting new control is over.
Fun money has left the OTC.
You accumulate comities in times like this. Energy, food snd gold. Rent, jobs, war. Get out of debt and hold only long term fix rate.
Slowly creeping up any peep from mgt?
Apparently or it’s the market makers making it look that way!! Lol
I hear ya >> hand with Ben >> I’m up30% since December which considering what you said ain’t bad >>> CSU_I or CLH_I or this one will run at some point >> I’m confident but I’m not playing much else but R/Ms
Man something positive needs to happen in the otc. Everything I've seen lately is just sad. Idk how any retail makes money these days, the old otc is clearly dead. Hell the whole market has gone topsy-turvy. The American dream is fading in so many aspects.... not trying to be negative but dang
Umfg t/a updated the ss
Why all the low ball selling >>> patience folks
There was a few 02 and above
Got some new bids coming in
Up 85% on 100 shares lol boy nice to see everyone holding tight
Hard to tell how far their gonna run. Important thing is you made profit lol that's not so easy in the otc these days
Ya it's not like it use to be when they would run for days just on the fact that synergy got control of them
With a little patience lol
Thanks for the heads up here. Glad I loaded should head up from here.
Grabbed 100k today!!! Yippy skippy
Lot of 2 now? I grabbed 50k >> someone else step up…
Share structure is supposed to be updated on otc website. Perhaps that will get some new eyes on it
Same here. Loading time...
UMFG loading 2's... I sure do love me a nice synergy play$$$
Yep. Supposed to pretend that nobody wants it in this market. It's garbage. But watev.
Yeah that's not my point, but I guess you don't get it.
I'm on bid. Just ruined it.
You see they just uploaded filings? Should be pink current in a week I would guess
Security details in the intro seems a bit off per OTC Markets:
And it might be to the benefit of this ticker if the market was revised from cannabis to cryptocurrency.
New to this board, website link?
Curious if the Cryptosecure technology cited in OTC Markets: https://www.otcmarkets.com/stock/UMFG/profile
Is the same as this Cryptosecure website:
Stamped at the bottom of the website notes it as active in 2020.
This might be a fun play if someone "bigger" than me (or even the news, wishful thinking I know) ties crypto currency security and safety with the guy who locked himself out of 1/4 Billion dollars worth of bitcoin that made the news last week.
ACDP MEGA DD
About American Community Development, Inc.
An emerging junior onshore oil and gas exploration, development, and production company financially well connected, coupled with strong management and technical teams dedicated to creating shareholder value by focusing on exploiting oil and gas reserves in North America, with initial focus in the USA.
The growth strategy includes: grass roots land assembly, exploration, development, joint venture participations, as well as asset and corporate acquisitions.
American Community Development is trading on the US OTC Pink Sheet market under the symbol ACDP.
Management & Directors
Bruce A. Thomson, B.A.Sc.
President & CEO; Director
Over 30 years of entrepreneurial business experience in private and public companies, with expertise in management, marketing, and finance.
Bruce A. Thomson graduated from the University of British Columbia, Faculty of Applied Science, Electrical Engineering; and completed most of the required credits toward an MBA degree while studying engineering. He has over 30 years of entrepreneurial business experience in private and public companies, with expertise in management, marketing, and finance.
His past business activities include: technology, travel and tourism, real estate development, contracting, and securities. In 1985 he became a founding shareholder and director of the public company Hycroft Resources and Development Company; which became a successful gold mining company raising over $100,000,000 for plant construction financing resulting in the production of 100,000 ounces of gold per year for 12 years. In 1991 he entered the securities business as a licensed investment advisor engaged in venture capital financing and retail brokerage.
In 2000 he left the brokerage business to consult in the area of marketing and venture capital finance; and to pursue his interest in technical trading. He has been intermittently involved in the oil and gas industry in various capacities since 1980, including: engineering evaluations for junior companies, syndications, and financings. He is currently President and CEO of a private oil and gas company.
Edwin Mah, B,Com., SMA, CMA
Over 25 years experience in accounting and venture capital finance.
Edwin graduated from the University of Manitoba with a Bachelor of Commerce degree in 1984, became a member of the Society of Management Accountants of Manitoba in 1985, and a Certified Management Accountant in 1992.
His experience includes control and direction of financial and accounting functions in the areas of financial statement preparation and income tax returns for individuals and corporations. He has experience with the development and management of relationships and the co-ordination of foreign currency transactions with financial institutions. He has been the CFO of an oil and gas company since 2005.
New Mexico (USA)
American Community Development has entered into a joint venture agreement (Farmin) to participate in the oil and gas exploration and development of approximately 35,000 acres of land in Union county New Mexico, USA; referred to as the Sofia Prospect. The company will have a 50% working interest in a proposed 6 well exploration program.
Based on an independent engineering evaluation, the following has been reported:
Six wells have been drilled and logged on the Sofia structure. Although none have produced, the well logs (see log diagram) coupled with 35-miles of seismic data (see seismic diagram) evidence the presence of oil and gas bearing sands, in a dome structure.
The Bravo Dome field to the south (see map diagram) is very prolific and could be considered an analogue field.
The exploration challenge is to drill at the highest elevation of the dome structure in order to exploit trapped oil and gas reserves. As a result of the log and seismic data, there is evidence of the existence of oil and gas bearing sands at the following intervals:
•520 to 538 feet - see log diagram
•2,948 to 2,965 feet - see log diagram
•3,255 to 3,295 feet - see log diagram
•3,700 plus - this deeper target has never been tested and the plan is to test for this zone down to 4,300 feet.
The engineer reports that if these sands are oil saturated the possible total estimated oil in place is estimated could be 407,000 000 barrels. Using a conservative 10% recovery factor, 41,000,000 barrels in place would be recoverable.
In addition to the possible oil reserves, the possibility of significant gas reserves in multiple zones also exists.
In preparation for drilling, existing seismic will be reprocessed to include the deepest target and additional seismic will be shot to pin point the well locations in order to finalize the design of a six well exploration program. The geologic highes are illustrated in the seismic photo figure x and figure y shows the cross section structure with the existing wells. Based on exploration success, a development drilling program will follow.
American Community Development, Inc. Begins Reviewing a Development Drilling Joint Venture Opportunity in an Existing Oil Pool Located in Ontario, Canada
Feb 15, 2012 1:33:00 PM
American Community Development, Inc. Announces the Cancellation of a Letter of Intent to Acquire Significant Oil and Gas Production and Reserves
Jan 24, 2012 9:15:00 AM
American Community Development, Inc. Announces the Execution of a Letter of Intent to Acquire Significant Oil and Gas Production and Reserves
Nov 30, 2011 10:13:00 AM
American Community Development Group President / CEO Interviewed and Featured by Stock Research Firm, Street-Stock
Company Evaluated as Undervalued Based on Its Unique Business Model, 2012 Earnings Guidance Along With a Very Low Public Float of Approximately 21 Million Shares at a Sub Penny Price per Share
Nov 30, 2011 8:58:00 AM
ACDP Security Details
Market Value1 $30,061,515 a/o Feb 15, 2012
Shares Outstanding 200,410,102 a/o Sep 30, 2011
Float 110,307,422 a/o Sep 30, 2011
Authorized Shares 3,000,000,000 a/o Sep 30, 2011
Par Value 0.001
Shareholders of Record 237 a/o Sep 30, 2011
Bruce A. Thomson, B.A.Sc.
President & CEO
American Community Development Inc.
250 - 5135 Camino al Norte
North Las Vegas NV 89031