If this guy is in Jail, then there is no one at the helm. Can't we than take over the company ourselves and find out where the books and records are. If he is in Jail, than who ever prosecuted against him should be able to tell us or show us the books and what happened to the money being made! Any ideas?

When SEC Delist a company, they don't take control of the stock, that I know of. However someone must know where the assets are and what's happening to the monies the company was making!

Anyone have any ideas?

TB:

Whats going on with PPTL? Also do you know what happened to the oil producing field it had?

TB:

Whats going on with PPTL? Also do you know what happened to the oil producing field it had?

TB:

Whats going on with PPTL? Also do you know what happened to the oil producing field it had?

So what happens to the producing oil fields?

So what happens to the producing oil fields?

PPTL does a reverse split in Feb and in June SEC Suspends trading? Does anyone know why?

Knight247 I didn't quite understand your answer. Contact SEC because SEC controlls the stock now?

SEC Went after Kamel for UPDV and was arrested for security fraud on some deal he made involving UPDV. I don't know what happened at the trial or how it turned out. But I wouldn't be suprised if Kamel makes up a new entity and buys the assets of HTOG (Now thats its delisted)and have controll of it all. Does anyone know where the assests are located and see whats happened to it. Also whats happing to all of the Gas/Oil being recoved. Whose buying? and where is the money going to?

Again Kamel makes his mark. UPDV owns a majority of HTOG. UPDV stopped filing and SEC delisted them. Meantime Kamel (UPDV majority holder) also stoped filing for HTOG. Now SEC is after HTOG for not filing. Seems like Kamel will getting away with this. He will creat a new entity, but purchase the stock he controls of HTOG from UPDV at a song and come out a winner, whie we hold the shaft for both HTOG and UPDV. Anyone want to take a class action suit against Kamel? Or How about asking SEC if Stock holder can vote for new officers and it appears old officers abanded their post (That what PPTL asked and all of a sudden last 4 years 10 Ks were filed with SEC).

What does this person have to do with PPTL? I saw no connection!

Are they a fee based attorney or free or will they work to do a class action suit and collect if they win. I can't afford a lawyer!

Here is something else to think about. In beginning of this year (2012) I sent about 1/2 dozen emails to SEC stating that since 2008 PPTL did not file any 10K reports and that all attempts to contact officers lead to a wall. I told SEC I believe the officers had abanded their post and ask if there was a way a group of some stock holder can take over. Sure enough about 2 months later all missing 10 Ks were filed (From what I heard - didn't look into this yeat. Didn't have time). I also heard that a women is now in charge but I don't know her name, number or address. I believe if you read postings from April of 2012 on, one of the posting has this person name on it.

Turn Around:

You seem to known that we have an empty shell. Doesn't U
PDV still own the stock for Cypress and HTOG. If not, then the stock must have been sold. If sold, where is the money? Also is there any law suite against MGT, do you know of, Iwould like to join in against it.

Its been some time from what I read about our so called leader. But I got the impression that she is a friend of Bruce and I don't think Bruce has anything to do with Nigera. I believe she is maybe a yes person to Bruce only! So if Bruce says don't say anythjing, she doesn't!

A44975

Hey TB:

Any news coming out of our suppose new head of the company?

Hey TB:

I seem to recall that you said PPTL filed all of its arreas 10K reports. Did you get a chance to look at them? If not can you tell me the Email address where I can look them up? You also stated that there is a new manager (after my my letter campain
to SEC about officers abandonig their post. Do you have a telephone number and name of person I can speak to, or how to get a hold of?

So I still have a chance with my 450,000 shares of UPDV!

I hope1

I just purchased a New Chevy Malibu, got $8,750.00 off list price by telling them that another dealership already offered me a cheaper price than what they were selling at. I didn't tell them that the other dealership was 500 miles away.

Sorry about the cap locks, I was doing something at work, which require cap locks and I never changed it.

i HAD COMPLAINED TO sec SEVERAL TIMES ABOUT REPORTS NOT BEING FILED. sec HAS THE RIGHT TO DELIST THE COMPANY IF THEY DON'T FILE TWO PLUS YEARS. MOST LIKELY BECAUSE OF MY COMPLAINTS, SEC GOT DOWN ON NEW PRESIDENT AND THEY WERE FORCE TO FILE 2008-2012.
ANYBODY KNOW WHERE I CAN SEE THESE REPORTS, I WOULD LIKE TO SEE WHAT IT IS THEY FILED.

Thats good, because , SEC responded to me, after asking them 5X, they told me that I should contact the state also, It it may appear SEC also contacted the state (After I explained what was going on concerning what had appeared to me as mgt abanding their post and if we as share holders can elect new Board of directors

I was holding HTOG for a while before I got out, however I still own 450K of UPDV, even though this entity is no longer trading by order of SEC, that doesn't mean UPDV still doesn't own the stock.

OK: Tax Season just ended, my question is"What the H--- is going on?, whats causing this stock to suddenly go up?". Is it because of a new officer(X-O)? And I was going to look into having Bruce and his cronies declared as abandoing this coming and look to take over. Now I see I may not have to. TB If you know whats happened over past few month, email me personally so that I can catch up.

UPDV Owns a little over 50% of stock but also owns bonds issued by HTOG, convertable to stock, which will give them 70% ownership of HTOG. This was the last I heard of it, some 3 years ago.

Expire: Means to Expire.

From what I gather, PPTL must have had a land lease on the boarder with Montana and this lease expired on June 1, 2011. If it was part of the Canadian Pipe line deal, Bruce should have tried to renew it. I bet you he has it with another of his compnies.

Thanks for the advise, however because of my long unemployment, I'm cash poor.

Also concerning Fuel Plus Technology, a new test has been commission by TECO and being done at University of Kentucky on Coal. PReliminary resultys shows an unbeleavable how about a 1/3 decrease in use of coal and little to no pollution. I'm waiting for actual report.

I don't know, but I would like to try. Also PPTL is a company registered in Wyoming doing business in Canada.

Do you know which financial institution originally issued the shares?

Finaly got a response from SEC, I would have posted earlier, but it went into my spam box. Below is there response to me.

Dear Mr. Segal:

Thank you for contacting the U.S. Securities and Exchange Commission. Based upon our search it does not appear that Premium Petroleum has ever registered with the SEC. It is worth noting, Premium Petroleum formerly traded on the Pink Sheets.

The Pink Sheets does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum listing
requirements for trading on a national securities exchange, such as the New York Stock Exchange or the Nasdaq Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC.

You should be aware the Pink Sheets has issued a stop no information warning regarding Premium Petroleum. You can view the information at the following link: http://www.otcmarkets.com/stock/PPTL/quote

Stop warnings indicates companies that are not able or willing to provide disclosure to the public markets - either to a regulator, an exchange or OTC Markets Group. Companies in this category do not make Current Information available via the OTC Disclosure and News Service, or if they do, the available information is older than six months. OTC Pink No Information includes defunct
companies that have ceased operations as well as 'dark' companies with questionable management and market disclosure practices. Publicly traded companies that are not willing to provide information to investors should be treated with suspicion and their securities should be considered highly risky.

Many investors who buy securities are unaware of the rights that come with stock ownership. While specific rights depend on the type of security, the laws of the state where the company is incorporated, and the by-laws and charter of the company itself, some rights are standard.

A company?s by-laws and state corporation laws (rather than the federal securities laws) govern the holding of annual shareholder meetings. Since Premium Petroleum is incorporated out of the state of Wyoming we first recommend you contact the Wyoming Secretary of State Division of Securities at http://soswy.state.wy.us/Compliance/Compliance.aspx regarding the legal status of Premium Petroleum and shareholder meetings.

In addition, state laws or a company's charter and by-laws may provide for access to shareholder lists in certain circumstances. Again, you may wish to speak to the Wyoming State Division of Securities regarding your rights as a shareholder.

I hope this information is helpful.


Sincerely,

Rinell Randolph
Attorney
Office of Investor Education and Advocacy
U.S. Securities and Exchange Commission

File Attachment:
Correspondent Name: Mr. Ralph Segal
Create Date: 2/8/2012
Origin: Web
File #: HO::~00193918~::HO
Description:
I own stock in a small oil company (listed on the OTC penny exchange). The last filing by the principals of the 10K and 10Q was in 2008. There appears to be no more office or telephone number where any stock holders can get in touch with.
Many of us stock holders have located the President and Treasurer at several other small oil companies. We know that the company has several working oil wells in Alberta, Canada. However no one knows who is operating the company, where the oil is going and who is getting the money. We believe the President and Treasurer is getting the funds. He has not filed any reports since 2008
with the SEC. He has not called any board of directors meetings or notified any stock holders of any meeting. Many of us have come to the conclusion that these men have created fraud and abanoded their post.

My question is;

Can a stockhold call a stockholders meeting? Can we create a new board of directors and take over controll of all of the producing and non producing oil wells. If we can call a stock holders meeting, how can we find out who owns stock in the company and their mailing address? How can we find out who the oil
is being sold to and get controll of the bank accounts?

Please Advise!

I think I may have proof that Bruce, Mah and the Board of Directors abandened their post. See Below - Bloomberg Business Week.

premium petroleum corp (PPTL:OTC US)

Last $0.0003 USD

Change Today 0.00 / 0.00%

Volume 60.0K

PPTL On Other Exchanges

As of 10:27 AM 02/29/12 All times are local (Market data is delayed by at least 15 minutes).

Snapshot

News

Charts

Financials

Earnings

People

Ownership

Transactions

Options

OverviewBoard MembersCommittees

Key Executives - premium petroleum corp (PPTL)

Name

Board Relationships

Title

Age

There is no Key Executives data available.

Board Members - premium petroleum corp (PPTL)

Name

Board Relationships

Primary Company

Age

There is no Board Members data available.

Executive Committees* - premium petroleum corp (PPTL)

Committee Name

Chairperson

Board Relationships

Members

There is no committee data available.

*Data is at least as current as the most recent Definitive Proxy


As you can see there are no names. To me this states they abanded their post without telling anyone. Anyone interested in a Hostile/Friendly take over?

As far as I remember PPTL had two sites. One of thoses site (The one more North I think) had two or more working wells back in 2008. Those are the wells I was talking about.

As far as I remember PPTL had two sites. One of thoses site (The one more North I think) had two or more working wells back in 2008. Those are the wells I was talking about.

Just filed my third complaint to SEC in two weeks. Again, stating that the officers and board of directors appeared to have abandoned their post, closed the office and canceled the telephone numbers. I also included that we left messages with his new position at ADCD concerning PPTL for both Bruce and Mah and none of us stock holders of PPTL have received any responses (clearly indicating an abandoning of their post). I asked if we can call a stock holders meeting and appoint a new BOD, Pres, VP, Treas. Then sieze the assets of PPTL, in particular the operating wells, where none of us stockholders know who is operating the wells or where the money is going to.

I also pointed out the fact the last filing of 10K and 10Q was in 2008 (Which is cause for SEC to step in).

I ask that other people go to the SEC web site and also file a complaint. They may not answer just one person, but might answer if a few people filed complaints.

Last question to TB or Greg, what brokerage firm made the initial public offering of PPTL (The SEC asks this question on the complaint form)?

I filed another complaint yesterday to SEC and also asked if we can hold our own stockholders meeting, elect a new board of directors and seize controll of the assets, under the fact that all indications is that Bruce and Mah appeared to have abandend their post at the helm.

Today I filed a complaint against Bruce and his buddy MR. Mah concerning Premium Petrolium. I am warning all of you, he will do to you and this company as he did with Premium Petrolium. I invested when it was at 3.5 cent per share. It is now down to .0003 per share. He will dump stock on the market, bring the price of the stock down without telling you, to get more money before he abandons it (That is what happened to Premium Petrolium as wee saw it). My complaint to SEC is that Bruce and his people abanded Premium Petrolium (With working oil wells). No one seems to know who is operating the wells or who is getting the money from the oil that is being sold. I am looking to turn the table on Bruce by asking if investors can call their own stock holders meeting and appoint a new board of directors and sieze the producing oil wells.

YOU HAVE BEEN WARNED

I have 450,000 shares of UPDV, I would like to join in in any class action suit.

After my last post I sent email to SEC, it is now 1 week and no response.

My error.

It was not PPTL that stock holders try to put someone on board, it was another stock I owned that had done this. But it is something we should consider. If Bruce and his directors doesn't call a stock holders meeting and that he doesn't respond to any stockholder calls or questions, changing phone numbers and addresses(Either him or that other guy), why can't we assume he abanoded his/their post and call our own stock holders meeting and appoint a new board? After all the last time he said anything concerning PPTL was in 2008.

Can someone call SEC and find our if stock holders can call their own meeting and appoint a new board of directors and take over the company (telling SEC that Board of Directors appeared to have abanoded their post, not filing 10Ks, no stock holders meeting, no active telephone number and so on? Also tell them that there is suppose to be an active well(S) producing/pumping oil, but no stock holder know who is in charge, where the oil is going to and where the money for the oil is going to! Also how can we go about getting a stockholders listing with stockerholders address, so that we can call our own meeting.

A44975