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And your thoughts on the coo kickbacks?
My thoughts are I’m really excited for UNRG to get those audits done!!
Can you give me your thoughts on the coo convicted of taking 200 grand in kickbacks?
Now that’s some incredible humor right there. So I’ll mark down a “no” for you
yes, they will be here on April 39th
So I’d love to get your thoughts on if this will ever get audits done. I mean you seem to be the resident expert and spend a considerable amount of time here
The COO of this scam. Lol. That is why they call him slick Rick Coody. Lol
“””””” 5 When Plaintiff confronted Coody at the end of June 2008 about the commission and the pump yard, Coody denied receiving the $200,000 and said the pump yard was a completely different transaction from the Roark sale. After further investigation, Plaintiff concluded that Coody had been paid the commission contrary to their employment agreement and that Roark had sold Plaintiff everything associated with his oil and gas operation, including the pump yard, to which Coody had no claim. Coody's employment with Plaintiff as chief operating officer (COO) was terminated in late June or early July 2008.
6 On November 3, 2010, Plaintiff filed the present action against Defendants alleging fraud, breach of fiduciary duty, imposition of a constructive trust and imposition of a vendee's lien. In the pretrial order, Plaintiff lists the following theories of recovery: fraud, deceit, breach of fiduciary duty, constructive trust, and vendee's lien. Defendants denied Plaintiff's claims and asserted the statute of limitations as a theory of defense.
7 In October and November 2011, the parties tried the case to the court in a bench trial. The trial court issued two orders on October 24, 2012--one identified as “Findings of Fact and Conclusions of Law” and the other as a “Journal Entry of Judgment.” Finding in favor of Plaintiff, the trial court in its journal entry of judgment held in part:
IT IS THEREFORE ORDERED, ADJUDGED AND DECREED by the Court that the Plaintiff · is hereby awarded judgment in its favor and against the Defendants jointly and severally in the principal amount of $200,000.
IT IS FURTHER ORDERED, ADJUDGED AND DECREED by the Court that the Plaintiff · is hereby awarded judgment in its favor and against the Defendants and each of them, imposing a constructive trust upon the $200,000 received as a commission, Pump Yard, Equipment, and any funds resulting from the sale of same. Defendants are ordered to deliver possession of said cash and personal property to Plaintiff and deliver a deed and bill of sale conveying unencumbered title to the Pump Yard and Equipment to Plaintiff.
IT IS FURTHER ORDERED, ADJUDGED AND DECREED by the Court that Plaintiff · is hereby awarded judgment in its favor and against the Defendant, PEMCO, LLC, imposing a vendee[']s lien in the amount of $100,000 upon the Pump Yard. An order of sale in execution will be issued by [the] Court upon application of Plaintiff.
On November 5, 2012, Defendants filed a motion for new trial which the trial court denied.
8 On November 21, 2012, Plaintiff filed an application for attorney fees, costs, and prejudgment interest. The trial court granted Plaintiff attorney fees in the amount of $5,441.25 and costs in the amount of $856.50. The trial court further granted Plaintiff “prejudgment interest at the rate of 6% per annum · as to all items requested by Plaintiff except for the asset designated by both sides as the 'pipe yard' or 'pump yard'. The court specifically finds the commission of $200,000 was a sum certain which is subject to prejudgment interest
$UNRG staying current! Can't wait till the audits are complete and this party gets started
https://www.otcmarkets.com/otcapi/company/financial-report/365808/content
Old Coody is know as the kick placket king. Lol. Kickback Coody. Lol. Convicted
1.6 million from dumping stock, then he loans 850 grand to a company he owns. Bwahaaaaaaaaaa. Bend over boys, joshy and Brian strike again
Hey joshy, the 5 million didn’t show up. Bwahaaaaaaaaaaa
These con artist are dumping shares for .02 for cash. Bwahaaaaaaa. Those idiots are the enablers of this scam
Pure pump and dump, as predicted. Lol
As of December 31, 2022, the number of shares outstanding of our Common Stock was: 333,920,339. As of September 30, 2022, the number of shares outstanding of our Common Stock was: 325,853,967. As of December 31, 2021, the number of shares outstanding of our Common Stock was: 246,467,634.
As of December 31, 2021, the number of shares outstanding of our Common Stock was: 246,467,634 As of September 30, 2021, the number of shares outstanding of our Common Stock was: 214,427,634 As of December 31, 2020, the number of shares outstanding of our Common Stock was: 161,019,876
As of December 31, 2020, the number of shares outstanding of our Common Stock was: 161,019,876 As of December 31, 2019, the number of shares outstanding of our Common Stock was: 76,504,985 As of December 31, 2018, the number of shares outstanding of our Common Stock was: 31,504,985
These clowns claim they acquired like 2000 wells. That means the average well has a gross revenue of less than $.50 (fifty cents) per week. Bwahaaaaaaaaaaa. Stevie wonders sees the scam here
Check out the “up to 5 million” in financing word salad. Lol. It wasn’t anywhere near cohens bullchit 5 million. Lol. Then the clown ceo loans the money to his own company. Bwahaaaaaaaa. Smoke and mirrors baby. Weeeeeeee
Bwahaaaaaaaa they filed!!! Holy chit, what a disaster. Less than 50 grand in revenue for the year. Lol
These con artist still have not filed.
These clowns are no filers. Lol. Pure trash here man. When you hear Josh Cohens name, run as fast as you can. He is a toxic debt pimp
clearly ROOFROOFMAN
He just bought a helicopter for his yacht when he was pumping this with nonsense price predictions, sold and disappeared, class act ROTFLMAO
the word on the street is he has chipped in 20bil to help Elon buy Twitter. Now you saying the yacht too...crazy shit
Old joshy, he is playing with his “yacht” he bought from his shares he sold here ……..in his bathtub.
It has been a few months, maybe they can buy entransco again. Bwahaaaaaa
Late filing. Bwahaaaaaaaa. They are still hiding the toxic convertible debt. It will be some acquisition of rusted up junk depleted watered out wells. Bwahaaa. Old Josh Cohen got involved here and this chit dropped like a rock man
These guys buy and sell each other over and over with shares. LOL Free shares man
gateres.com
Name & Email: Blaine Hanks gateres@aol.com
Entities listed: Gateway Resources U.S.A., Inc., Gateway Resources Ltd., Blaine Exploration Ltd. Gateway Oil & Gas, Inc., Blaine Development, Inc., Hanks Oilfield Services, Inc.
ROTFLMAO... Blaine Hanks is the name listed in this scam dawg.
ROTFLMAO dawg, the money they raised from shareholders they lend out to a company that isn't owned by United American Energy (Public company)? With the option to foreclose and that is paid to one of their lenders???
I guess you can figure out their sheel game by who is behind both those entities. My guess is they are owned by the same person, Gateway Resources USA and Blaine Exploration, Ltd. I must assume there is an extra layer and they wouldn't be owned by the same person would be to obvious ROTFLMAO.
We tried to tell people how sketchy this company was, can lead a horse to water but can't force them to drink LMAO
They have to funnel the money out of there somehow. LOL
Common Stock Issued Pursuant to Collateral Loan Agreement
On July 25, 2022, the Company entered into a collateral loan agreement with Gateway Resources USA (“Gateway”), Inc. Pursuant to the agreement, the Company agrees to make current and future loans to Gateway as needed for operating and administrative purposes.
In exchange for this arrangement, Gateway pledges to the Company all of its assets, leases, wells, pipelines, equipment and machinery as collateral. The Company has the option but not obligation to acquire the assets of Gateway in lieu of foreclosure at a date of its
choosing. The Company issued 8,600,000 shares of common stock to the ownership of Gateway’s previous lender, Blaine Exploration, Ltd. to assume it’s position as Senior Creditor. The fair value of the common stock was $1,049,200, based on the closing traded price
of the common stock on the date of grant. To date, the Company has advanced $850,000 to Gateway for operational and administrative purposes including repayment of loans to Blaine Exploration, Ltd.
Huh?? LMAO
Another Josh Cohen disaster right here
yep, everyone who bought this chit is the last year is upside down. Old Josh Cohen with Controlled Capital got involved and it crashed with his toxic convertible trash man
Only the insiders with free shares have $10,000 left. Bwahaaaaa
I will personally give you $10,000 if you can bring this to under a penny!
UNRG DOWN -25% TODAY.....ROTFLMAO
Dawg take a look at the six month chart ROTFLMAO ..... right after they press release "$5M in funding secured" ROTFLMAO
Under a penny, possible triple zero stock in the next month ROTFLMAO
It's officially over here dawg ROTFLMAO..... this will be under a penny next week.
Controlled Capital is a pimp of toxic debt that these clowns got involved with. Buyer beware, down +50% since Josh Cohen involved
Unrg annual shareholders meeting will be on Josh Cohens yacht.
https://sfeldmanhousewares.com/products/own-your-own-yacht?variant=33462405529686¤cy=USD&utm_medium=product_sync&utm_source=google&utm_content=sag_organic&utm_campaign=sag_organic&gclid=Cj0KCQiAx6ugBhCcARIsAGNmMbiir7phBXCr6WLO6zE3KJTWiVAXgp--IHP6il_vUCAAxIy00--PC3oaAvUUEALw_wcB
Did they get those 2000 wells going with the loan proceeds? Bwahaaaaa
How is that kajillion dollar storage terminal coming along? Bwahaaaaaaaa
I’ll bet Josh cohens yacht burns more fuel than these clowns have ever produced. Bwahaaaaaa.
Josh Cohen claims to own a yacht. Maybe these clowns with hold their annual shareholders meeting on his yacht and we can all go and have wine and cheese
We all knew when gold chain narcissist Josh Cohen got involved, this was a scam
Doesn't anyone find it interesting that UNRG doesn't even have an operator number filed with the State of Oklahoma?
Over 50% drop since Josh Cohen exposed here
When is the next pump coming about the thousands of wells with no revenue
Central to any successful gas & oil operational endeavor is the ability to maintain superior infrastructure assets while utilizing lean manufacturing techniques. Integral to United Energy Corporation’s corporate mission, is the acquisition of high-return drilling locations where well productivity can be increased through cost-efficiency measures.
This objective is possible because of the substantial experience of UNRG’s Leadership Team, along with an established record of operational safety. The Leadership Team is closely aligned with United Energy Corporation’s Operational Team at every stage of planning, development, and project oversight. This framework provides United Energy with the greatest capability to generate stable cash flows.
United Energy Corporation’s exploration of untapped oil and gas resources is foundational for adding to a growing inventory of integrated assets. With a focus on a combination of strategic facilities and transport access, UNRG is also conscious of offering diversified services, such as our investment in the license to a micronizing technology, while expanding processing and storage capacities.
Productive infrastructure assets deliver stability and a robust mixture of growth-oriented holdings. Long-term fee-based contracts provide a significant expansion opportunity. Along with our trusted energy partners – from leaseholders to contractors to communities – UNRG is dedicated to increasing well productivity and efficiency; a continuing focus on safety; sustainability of revenue; and improve execution performance.
EXPLORATION & PRODUCTION
United Energy Corporation acquired holdings located in the famous Cherokee Basin – a rich oil and gas region in northeastern Oklahoma and southeastern Kansas that covers 15 counties. Through this acquisition we have increased our overall footprint in the oil and gas industry and significantly strengthened value for shareholders in UNRG. The oil from this acquisition is sold to a local refinery while the natural gas travels to markets throughout the Midwest via major interstate pipeline systems.
Cherokee Basin holdings are part of United Energy Corporation’s 1,100 miles of natural gas pipelines, more than 2,700 wells, and over 300,000 acres of leasehold operations in TX, OK, KS, and LA. The Company’s corporate strategy includes obtaining gas reserves in the Cherokee Platform with natural gas storage inventories combined with undiscovered coalbed gas.
The US Geological Survey’s assessment in 2015 of recoverable petroleum resources in the Cherokee Platform Province areas (which includes the Cherokee Basin) validated United Energy’s decision to pursue this acquisition and increase the breadth and depth of the Company’s assets.
We are in the process of reactivating our Cotton Valley large natural gas compressor station which feeds into Southern Star Gas Pipeline Company. This compressor station is a vital component in moving natural gas from production well sites via a pipeline network to end users.
A transmission compressor carries the natural gas across state lines through wide-diameter pipelines (24-48 inches). Pressure must be manipulated to maintain constancy as natural gas travels through the pipeline. Natural gas is compressed and pushed through the pipeline at an optimum pressure (800 to 1,200 psi) to ensure a regulated flow before it enters an Interstate Transmission System pipeline.
From production sites to end markets, natural gas is transported from one state to another. Compressors provide a boost in pressure every 40-70 miles along the way as needed. An interstate compressor such as the one in Cotton Valley requires 4-5 acres of land. Part of the interstate system is owned by Southern Star that has continuously provided pipeline service for over 100 years. Within America’s heartland, Southern Star owns and operates approximately 5,800 miles of natural gas transmission pipeline and 42 compressor stations.
United Energy Corporation has acquired minority ownership in a storage terminal that, when built, will be a technologically advanced, multi-functional facility. It will incorporate a deep-water ship and barge dock, truck rack, and rail rack. The terminal hub will also store, blend, and distribute oil products at its strategic location. An oil terminal is an industrial site where oil is loaded or unloaded for storage or transportation via pipelines or tankers.
A storage terminal allows companies to purchase and receive oil when the price is low and store it until the price is more favorable. This market strategy of stockpiling oil until delivery offers more control over mitigating financial losses while increasing profits based on rising and falling global oil prices. Storage facilities are also needed in the short term while oil is waiting transport from offshore enroute to delivery locations throughout North America.
However, currently there is a shortage of available domestic storage capacity. As oil and natural gas production increases within our own borders, it is imperative that the US expands its storage capacity as well. United Energy is becoming part of the solution, enabling America to fulfill the goal of becoming less dependent on foreign oil.
United Energy Corporation has recently acquired certain rights in a technology that will revolutionize oil extraction from shale deposits. It’s a technology more economical, more energy-efficient, more environmentally friendly, faster producing, and lower maintenance than traditional methods of oil removal from shale reserves. This micronized technology can extract compounds in seconds and minutes versus hours and days. It reduces levels of emissions and mitigates adverse environmental effects many times over that of conventional processes.
Until recently, removing oil from shale rock focused on crushing, pulverizing, and grinding milling processes using high-impact machines. With this new technology, what is called “resonance disintegration” causes materials to be fragmented from within, maintaining the integrity of the original material. Rapid shock waves, or resonance, are applied in lieu of pressure force. As particles are micronized to a fraction of their original size, not only is the removal of kerogen (the precursor to crude oil) considered “clean energy”, but also the oil yield is significantly greater.
The United States Geological Survey (USGS) Energy Resources Program states that the Eocene Green River Formation of Colorado, Utah, and Wyoming “contains the largest oil shale deposits in the world.” This is about 35% of the known oil shale reserves globally and is considered easily recoverable. At our current oil usage rate, it is estimated that this location can produce enough oil (up to 1.2 trillion barrels) for the United States for the next hundred years.
It’s no small matter, then, that a component of United Energy’s multi-lateral strategy is to capitalize on the technology that will transform production of domestic oil shale deposits. This is good news for our shareholders and our country. Clean. Safe. Efficient. Economical. Scientifically Engineered – Strategically Executed.
US Department of Energy - Pulsewave Research
Company's Twitter: https://twitter.com/unrgcorp
Clean Share Structure:
Float: 35,041,790
O/S: 248,707,299
A/S: 425,000,000
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