thnx

it's been in bankruptcy since 2008. I guess recent run was created by MM's to get out of their positions before shares cancellation.

didn't even have a "q" on it either, wow:
17:19 PDRT Particle Drilling Technologies, Inc. Common Stock 3/21/2011 100 Plan of Bankruptcy effective. All shares have been cancelled. **

http://www.otcbb.com/asp/dailylist_detail.asp?d=03/18/2011&mkt_ctg=ALL

Good Morning Dog, I am not a premium subscriber so I am not able to respond privately to your message to me...Can you send another message with a direct email address for me to communicate with you...I had a few posts yesterday on 3D that were deleted, then I reached my daily limit on posts...I do appreciate it, Louie

ps. delete this post when finished reading..TY

While everyone is watching gold, no one seems to be keeping an eye on oil or related plays. These equipment producers shouls start getting some attention real soon.

K. Transfer Agent e-mailed for SS info. Will post if / when obtained.

Anyone know the current SS? Nice move with little effort! Never a bad thing IMO.

Interesting little hidden play here. I wonder what's up with the moves Friday?

I was under the impression they have
Legal issues : that keeps the pps
down, any knowledge of when this will
be resolved?

100% gain on 5/19?

What's going on?

this situation reminds me of Birchmountain, their old assets are a private company (Hammerstone corp) and the shell continues to trade. it would seem logical that the private co's reverse merge back into the tickers at some point but it might be a long wait.

Particle Drilling is still operating they are on a job in Wyoming. They are hiring and have more jobs in same area to do. The technology they have works, all depends on natural gas prices.

So is PDRT a shell now?

Can any one sheed some light on Particle Drilling?

pdrt is the stock still trading i thought is was bought out by a private company

I have one big question. What does this stock do for us as shareholders in as what I see as nothing left?

Particle Drilling back in one piece.

http://houston.bizjournals.com/houston/stories/2009/10/19/story1.html

Its backed by a Edward Heil who is also an independent director of ECOL.

The new holding company is PDTI Holdings LLC.

This is a link from google.
http://houston.bizjournals.com/houston/stories/2009/10/19/story1.html

This stock has potential after recent events.

Yes, it does ... time to load this baby up

CHECK THIS OUT JUST OUT 10/19/2009 STARTIN OVER THIS COULD BE HUGE!!!!!!!!!!.
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Energy & the Environment
Friday, October 16, 2009
Particle Drilling back in one pieceBit developer emerges from brief bankruptcy with private financing
Houston Business Journal - by Greg Barr
Print Email Reprints RSS Feeds LinkedIn Share Comments
Michael Stravato/HBJ
Jim Terry of Particle Drilling Technologies: ‘Through this difficult period we still managed to prototype some new drill bit sizes.’
View Larger Related News
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After the bell: Carriage, PROS, Rosetta, Southern, Rick's, Particle Drilling, Atwood
A Houston company engaged over the past four years in development of a new drilling technology has emerged from bankruptcy with fresh financial backing and a commitment from an energy industry giant intact.

Particle Drilling Technologies Inc., which had been publicly traded, filed for Chapter 11 bankruptcy protection in May and laid off most employees as the company’s private and public funding options hit a dry hole due to the squeeze on financial and credit markets tied to the global recession.

Five months later, following completion of lengthy proceedings through U.S. Bankruptcy Court in Houston, the company is back in business as a privately held entity, financed by Edward Heil, a Chicago-area businessman and investor.

The new holding company is known as PDTI Holdings LLC, but continues to do business as Particle Drilling.

Company officials say Particle Drilling is back on track with research and development efforts to design new applications for the company’s hydraulic-energy based drill-bit technology, created to cut through particularly hard or abrasive rock formations. The system is designed to drill into the rock at an estimated rate of two to four times faster than conventional equipment.

In pursuit of developing the system, Particle Drilling has posted cumulative losses of about $45 million since the company’s formation in early 2003. A reverse merger transaction in 2005 took the company public.

Particle Drilling CEO Jim Terry says he filed the bankruptcy papers as a last resort after other capital-raising options were exhausted. He says he made his decision after LC Capital Master Fund Ltd., a New York hedge fund, forwarded only $60,000 of a promised $400,000.

Says Terry: “That put us behind the eight ball, so we had to furlough everybody.”

MAJOR COUP
Regulatory filings show Particle Drilling began looking for strategic alternatives a year ago just as credit markets became frozen solid.

Particle Drilling experienced some encouraging results, but also ran into unexpected problems with a commercial field test for Canadian natural gas giant EnCana Corp. that sent the Houston company’s technology back to the drawing board.

Filings also show the company scored a major coup last December by inking a developmental deal with Shell Oil Co. to design, test and produce four variable-sized drill bits through 2010, and received a $200,000 payment from Shell in March.

Declining to confirm the deal with Shell, Terry says only that Particle Drilling has an agreement with a “major oil company,” and will continue testing drill bits for that company in November at a new site in Wyoming, after completing initial testing earlier this year in New Mexico.

Kelly op de Weegh, a Shell spokesperson, says the company cannot comment on vendor agreements “for competitive reasons.”

Terry does confirm that Particle Drilling is in discussions with Petrobras, the Brazilian multinational oil company, to potentially test the drill bits in an offshore site and at an onshore site in the Amazon jungle. He also hopes to resume talks with EnCana regarding the company’s holdings in the Haynesville natural gas shale play in Louisiana.

Regulatory documents also show that Particle Drilling was able to fight off a court challenge from ProDril Services Inc., which sought to continue a prior royalty payment agreement related to the drilling technology with the new private entity.

Bankruptcy court filings show the company is spending approximately $300,000 a month for continuing operations.

Particle Drilling’s stock still officially trades at less than a penny a share on the Pink Sheets after being delisted from the NASDAQ Stock Exchange LLC, but the company did file paperwork with federal regulators in September to cease requirements for continued public filings.

Terry points to the company’s accomplishments during the financial trials and tribulations.

“Through this difficult period we still managed to prototype some new drill bit sizes,” Terry says.

He notes that drill bit sizes being tested by the company range from 6 inches in diameter to 9 7/8 inches.




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to anyone wtf up .0037 in like 10 minutes

Piece of sh!t

whats POS stand for sorry i dont know all the lingo yet?

This stock is a POS

Q-PLAY? BOUNCE OR DEAD CAT?
http://www.bizjournals.com/houston/stories/2009/05/25/daily19.html

Particle Drilling Tech Names Jason Davis Interim Fincl ChiefLast update: 1/5/2009 7:02:35 AM(MORE TO FOLLOW) Dow Jones Newswires (201-938-5400)January 05, 2009 07:02 ET (12:02 GMT)

conference call weeeeeeeeeeeeeeeeeeeeee

Just wish thevolume would follow. We finnaly got back to .23 through churning rather than oddball EOD trades which is good, but we need volume to get above .24 and break our channel

Seems like volume is picking up, just need to break the current channel

PDRT pinching nicely. Could pop soon.

RECENT NEWS:

Particle Drilling Technologies Announces Field Trial Results and Its Intent to Pursue Strategic Alternatives

The Company will hold a conference call on Tuesday September 16, 2008 at 11:00 a.m. Eastern Time

HOUSTON, Sept 16, 2008 /PRNewswire-FirstCall via COMTEX/ -- Particle Drilling Technologies, Inc. (Nasdaq: PDRT) (the "Company") announced today, results from its most recent commercial field trial. The Company's Board of Directors also formed a special committee to evaluate and pursue strategic alternatives, including a strategic industry joint venture, technology licensing arrangement, sale of the company and other available alternatives.
Results of Commercial Field Trial

The Company recently deployed its Particle Impact Drilling ("PID") System to drill the Travis Peak formation in the Deep Bossier play in East Texas. The PID System was utilized for two separate PID bit runs with one conventional bit run in between. The trial did not result in an improvement over the previous trial, which was the Company's objective; however, the trial provided additional learning and progress. During the trial, PID penetration rates were from two to three times faster than conventional bits ran in the same comparable rock formation when drilled with conventional mud, as most are today.

The new PID Injector system was shown to be fundamentally sound in delivering particle volumes regardless of the variable pressures encountered on the well. However, smooth operation and the durability of some components of the surface system fell short of expectations on this first-ever field use of the new injection system. Also, as a result of using gelled water as the drilling fluid rather than conventional drilling mud, there were times when particles accumulated in the wellbore annulus resulting in the inconsistent return of particles to the surface. These events were dealt with, but resulted in a significant percentage of non-productive drilling time.

Jim Terry, Company's President and CEO stated: "We are disappointed the newly designed PID equipment did not result in well on well progress as was the case with all the previous trials. This was the first deployment of the new injection system and we proved that the ability to inject particles regardless of changing well pressures was successful. The trial also further validated the merit of PID technology and resulted technical and operational progress."

In order to gain access to additional technical and financial resources to accelerate the development and commercialization of the PID technology, the Company's Board of Directors have determined it will be in the best interest of the Company and its shareholders to evaluate all available strategic alternatives. Accordingly, the Board of Directors has authorized management to pursue such alternatives, and have established a Special Committee of the Board to assist the management team with this process.

Ken LeSuer, the Company's Chairman, commented, "The history of technology development in the oilfield tells us that many of the breakthroughs have come from many years of hard work and continuous effort towards improving the tools to the point where they are commercial and become adopted. As an example, the polycrystalline diamond compact ("PDC") drill bit which now represents a substantial portion of the drill bit market was introduced in the 1970's and was considered an unlikely success in the early days due to continuous setbacks. There are many other examples, including directional drilling and rotary steerable systems widely used today, which were only a small portion of the drilling market just ten years ago. As a small company with limited resources, I believe our team has done an excellent job of proving the merits of particle impact drilling and have reduced the remaining challenges to a manageable level. At this time however, we think it is in the best interest of all shareholders to consider all available alternatives to expedite the commercialization of this technology."

10 Q FILED 8/11/08:

http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6091282

****DD****

Particle Drilling Technologies, Inc. is commercializing its patented Particle Impact Drilling system. The PID system is designed to increase the rate of penetration function in hard rock drilling environments. The Company expects to run this system as a service provider and invoice based on dollars saved by the reduction in drilling time.

CONTACT INFORMATION:

Particle Drilling Technologies, Inc.
11757 Katy Freeway
Suite 1300
Houston, TX 77079
http://www.particledrilling.com

Phone: (713) 223-3031
Fax: 713-224-6361

anyone else taking a stab at pdrt tomorow? particle drilling company. it was most down percenter today, down 80% on basically decent news that was percieved as bad news, only 35 cents per share. i bought some today at 24 cents. it'll be back to 1.50 once the dust settles

RSI bullish and strong upward trend on charts... JMHO and GLTA

anyone out there paying attention to this increase

anyone get dividends today?

February 6, 2008 - 5:28 PM EST

PDRT 2.00 0.17

Today 5d 1m 3m 1y 5y 10y



Particle Drilling Technologies Announces Fiscal 2008 First Quarter Results
Highlights
- Trial schedule will be announced as soon as Company completes evaluation and modification of injection system
- Company signs contract extension with existing customer
HOUSTON, Feb. 6 /PRNewswire-FirstCall/ -- Particle Drilling Technologies, Inc. (Nasdaq: PDRT) (the 'Company') today announced its financial results for the fiscal 2008 first quarter ended December 31, 2007.

During the quarter, the Company completed the engineering, design and construction of its new 'extruder' based particle injection system.

The Company is currently making modifications to the new injection system focused on increasing the speed of filling the system with particles for high volume injection rates. Thus far, the test program has demonstrated that the other components function and perform as specified for operational success. Examples of injection system accomplishments are:

1. Injection / Standpipe Interface: The process of mechanically extruding particles at desired rates into pressured mud flow has been achieved and repeated for a sufficient amount of time and under various conditions required to meet field objectives. Fundamentally, this capability is at the heart of the research and development around the injection process and is the key to entraining particles into flowing high pressure drilling fluid.

2. Pressure Barriers: The pressure barriers are cycling properly and holding the necessary pressure changes, as designed.

3. Control Systems: The previously untested automated hydraulic control system functions properly. In addition, the electronic control system which operates all components including the elevator, particle volume/rates, actuation of all valves and operation of the extruder works effectively.

During endurance testing, the Company identified one issue in particular that needs to be addressed before the system can be deemed field ready. This relates to decreasing the time required to fill the upper chamber where particles are introduced at atmospheric conditions and then pressurized before filling the lower chamber. It is necessary to decrease the 'fill time' in order to maintain high volumes of particle injection. The Company is in the process of testing and implementing solutions to address this issue. Once the Company is satisfied with the results of this test program, the Company intends to announce a field trial schedule.

'During the last several months, we have made good progress. While the new injection system requires some modifications that require additional time to implement and test, we believe that this system is the solution for injecting particles,' added Jim B. Terry, President and CEO, Particle Drilling Technologies. 'We have renewed our contract with our existing customer and are now in the process of planning for the next commercial trial. We look forward to the next commercial trial as, I believe, the stage is now set for commerciality.'

Particle Drilling Technologies' financial results reflect its status as a development stage company during the first quarter of fiscal 2008 generating no revenue. The Company has yet to generate cash flow from operations, and until revenues commence, the Company is highly dependent upon debt and equity funding. Based on the Company's current liquidity position, the Company will need to raise additional capital through debt or equity funding. Management cannot provide any assurance that any such financing will be available on acceptable terms or at all. The following is a summary of the quarterly results:


Three Months Ended December 31,
2007 2006
(Unaudited) (Unaudited)

Revenues $- $-
Gross profit - -
Loss from operations (3,259,917) (2,963,387)
Net loss (3,226,536) (2,838,461)
Net loss per share - basic and
diluted $(0.10) $(0.10)

February 6, 2008 - 5:25 PM EST

Particle Drilling Technologies Announces Filing of Shelf Registration Statement
HOUSTON, Feb. 6 /PRNewswire-FirstCall/ -- Particle Drilling Technologies, Inc. (Nasdaq: PDRT) (the 'Company') today announced that is has filed a shelf registration statement to register $20,000,000 of its securities, consisting of common stock, stock purchase contracts, stock purchase rights, warrants and subscription rights. Any of these securities may be offered for sale from time to time in one or more offerings after the shelf registration statement is declared effective by the Securities and Exchange Commission.

This shelf registration statement is expected to increase the Company's financial flexibility, and management intends to use sales of the securities pursuant to the shelf registration statement to finance the Company's growth while seeking to limit or otherwise minimize dilution to existing stockholders of the Company.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

Particle Drilling Technologies, Inc., headquartered in Houston, Texas, is a development-stage oilfield service and technology company owning several patents and pending patents related to its Particle Impact Drilling technology. The Company's technology is designed to enhance the rate-of-penetration function in the drilling process, particularly in hard rock drilling environments.

Certain statements in this press release that are not historical but are forward-looking are subject to known and unknown risks and uncertainties, which may cause PDTI's actual results in future periods to be materially different from any future performance that may be suggested in this press release. Such risks and uncertainties may include, but are not limited to, PDTI's ability to raise capital, if necessary, and its ability to obtain financing on acceptable terms, if at all, a worldwide downturn in the energy services sector, working capital constraints and other risks described in PDTI's filings with the SEC. Further, PDTI is a development stage company that operates in an industry sector where securities values are highly volatile and may be influenced by economic and other factors beyond PDTI's control such as announcements by competitors and service providers.

Contacts: J. Chris Boswell, SVP & CFO
Particle Drilling Technologies, Inc.
713-223-3031

Jack Lascar / Sheila Stuewe
DRG&E / 713-529-6600

SOURCE Particle Drilling Technologies, Inc.



Source: PR Newswire (February 6, 2008 - 5:25 PM EST)

February 27, 2008 - 3:01 PM EST


AAUK 34.5801 1.3001

Today 5d 1m 3m 1y 5y 10y



IVAN 1.57 0.02

Today 5d 1m 3m 1y 5y 10y



PDRT 1.98 0.15

Today 5d 1m 3m 1y 5y 10y



Analyst Report Scheduled for PARTICLE DRILLING TECH, IVANHOE ENERGY INC, and ANGLO AMERICAN PLC
MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Investors wanting to know the truth about investing and how to consistently profit from whatever the markets throw our way should sign up to www.maybachfinancial.com for a free trial subscription. Through our numerous partnerships with many of the top investment minds in the world, we provide research on every company making a move in the markets. Investors seeking genuine analyst opinions on their investments for PARTICLE DRILLING TECH (NASDAQ: PDRT), IVANHOE ENERGY INC (NASDAQ: IVAN), and ANGLO AMERICAN PLC (NASDAQ: AAUK) should take this opportunity to get free in-depth research by becoming a member today. Our initial coverage of any company will include research in the following areas:


-- Margin changes, specifically operating, gross, and then net
-- The pace and quality of top line growth
-- The ability to generate cash
-- The pace and quality of the bottom line growth
-- Market share gains
-- Innovation/pipeline
-- Corporate governance
-- Management's ability to operate in unfavorable environments
-- The ability of management to control acquisitive growth and achieve
accretive results


Particle Drilling Tech dropped slightly down over 2% today in mid-afternoon trades. After many spikes and dips over the course of the last 52 weeks, investors are looking for answers and long-term growth potential for this Company. We will have an analyst review for this Company for investors seeking answers. This can be found by registering with www.maybachfinancial.com free of charge in the next 48 hours.

Ivanhoe Energy Inc. rose again over 1% in mid-afternoon trades, appearing to rebound strongly from their most recent decline. We will have an analyst review shortly as the company's share value has fallen off its 52-week high of $2.70 last year. This analyst report can be found by registering free of charge to www.maybachfinancial.com or follow this link: http://www.maybachfinancial.com/articles/?id=6&name=Register

Anglo American PLC rose slightly over 1% in mid-afternoon trades, continuing their rebound from their most recent dip. Our research team will be evaluating the company's progress as they continue to strive for their 52-week high of $38.75. An analysis review will follow shortly and posted to www.maybachfinancial.com in the member's area. Register for free by following this link: http://www.maybachfinancial.com/articles/?id=6&name=Register

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http://biz.yahoo.com/prnews/080220/law075.html?.v=101

Cool stock.

gateway- who is perch boy?

anyone out there? Does any one out there care about what's going on? Is there anybody out there that knows what's going on as far as any news?

gateway- stop the bleedind PLEASE

Gateway- I Guess Not. These developemental companies are really boring I sure hope this stock gets some zip back into it, I'm Losing my AS.