Home > Boards > US OTC > Cannabis >

UMF Group Inc. (UMFG)

Add UMFG Price Alert      Hide Sticky   Hide Intro
Search This Board: 
Last Post: 2/18/2021 9:24:26 AM - Followers: 44 - Board type: Free - Posts Today: 0


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
 Secretary, Director


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.


Sofia Prospect

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.

Recent News

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
Share Structure
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

Contact us
Bruce A. Thomson, B.A.Sc.
President & CEO
American Community Development Inc.
 250 - 5135 Camino al Norte
 North Las Vegas NV 89031
 Phone: 702-605-0145
 Email: info@acdp-ir.com


Current Price
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
#2711   Great close yesterday...let's see if she continues. With BruinOtwo 02/18/21 09:24:26 AM
#2710   Solid volume day here! Interest is growing in BruinOtwo 02/11/21 06:40:29 PM
#2709   Noticed the Ask Warren HQ team is tracking BruinOtwo 02/11/21 09:36:52 AM
#2708   Security details in the intro seems a bit BruinOtwo 01/25/21 01:32:16 PM
#2707   Needless to say, picked up a few shares BruinOtwo 01/25/21 01:28:55 PM
#2706   New to this board, website link? BruinOtwo 01/25/21 01:25:59 PM
#2705   What website? Ask$lapper 08/15/20 01:15:55 AM
#2704   How did you know about the website? ski007 08/14/20 10:42:55 PM
#2703   Looks like a few small trades. Probably the Potomac 04/24/20 11:08:55 AM
#2702   WTRH in with a good starter position AOuvier 10/29/19 12:03:40 PM
#2701   check other boards posting of simila complaints where alleyezonus 10/14/19 07:01:40 AM
#2699   I am interested. nightowl2 09/10/19 01:23:53 PM
#2698   ski007. I am interested. dwagers 09/04/19 01:07:16 PM
#2697   I have filed a civil lawsuit against John ski007 08/23/19 10:22:02 AM
#2696   I filed a lawsuit against UMFG recently to ski007 08/23/19 09:57:54 AM
#2694   IN NOVEMBER 28TH 2017,IT RUN FROM .11 TO ORCA 11/12/18 11:05:49 PM
#2693   Its only up around 100% off the lows. sisterchristian 11/12/18 06:40:08 PM
#2692   on watch.It could easily hit .20s with some ORCA 11/10/18 11:07:08 PM
#2691   Not sure what they r doing, but it profmentor 11/10/18 09:46:22 PM
#2690   they probably front loading,first. ORCA 11/10/18 09:39:49 PM
#2689   I guess time will show! No news though !! profmentor 11/10/18 09:20:17 PM
#2688   Probably a merger.They will run her again imo.Previous ORCA 11/10/18 05:16:46 PM
#2687   I don’t get it. I thought this company profmentor 11/10/18 02:46:51 PM
#2686   Blockchain cannabis?? sisterchristian 11/10/18 01:58:13 PM
#2685   Any news here ?? profmentor 11/09/18 01:10:32 PM
#2684   Looks like someone is quietly loading up. Probably Potomac 11/01/18 07:12:19 AM
#2683   The company is silent because UMFG was hijacked. ski007 06/25/18 04:37:10 PM
#2682   How low can we go? Below .02 benchman 06/25/18 11:42:14 AM
#2681   I’m thinking so 2.. some very large bids angelo2112 06/15/18 04:48:11 PM
#2680   Better check with your source?? erpy 05/21/18 12:27:44 PM
#2679   Positive action yesterday, crap today. That being benchman 05/17/18 10:49:12 AM
#2678   Unfortunately I cannot provide my source or the Hemplongmia 05/16/18 03:26:43 PM
#2677   Well at least we are getting some positive benchman 05/16/18 02:16:13 PM
#2676   What are you talking about? You erpy 05/16/18 12:16:01 PM
#2675   Ask is at $200 , whoa!!! Hmmmm Hemplongmia 05/08/18 04:05:23 AM
#2674   Hi, even if I really really hope for eramoscas 05/06/18 12:18:24 PM
#2673   Okay, sounds good. I was just basing benchman 05/04/18 03:55:13 PM
#2672   Not big bad news!! Big good news relating Hemplongmia 05/04/18 03:52:52 PM
#2671   I guess it's big BAD news, and the benchman 05/03/18 10:42:18 AM
#2670   Some big news coming for UMFG in the Hemplongmia 05/02/18 03:52:27 PM
#2669   Schumer announces plan to decriminalize!! Hemplongmia 04/20/18 12:22:07 PM
#2668   President Trump strikes deal Hemplongmia 04/19/18 08:10:06 AM
#2667   Here is the news you all have been ski007 04/18/18 11:58:55 PM
#2666   Can someone please explain to me why this Moni001 04/10/18 06:19:41 AM
#2665   Hope so. Some news would be good. It’s ski007 04/04/18 01:00:55 PM
#2664   $UMFG @ .025! Estrella 04/03/18 10:08:57 AM
#2663   Looks like this is ready for a big jwakstock 03/27/18 11:14:50 AM
#2662   Since UMF Group Inc, and CryptoSecure.com have not ski007 03/23/18 11:53:07 AM
Consent Preferences