Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Look at just a few of the facts:
- The company is operational and producing.
- The largest shipping freight and trucking companies in the world are happy with trials.
- The industry is in desperate need for a revolutionary product for trucking and container flooring.
- Eko-Flor reduces maintenance cost, increases payload, decreases weight and is a "green" eko friendly product compared to its predecessor which is tropical wood that is becoming increasingly expensive and in short supply.
- Eko-Flor is certified for over the road trucking which took a significant amount of time but puts CFRI ahead of competitors.
- Strong institutional investing in Canada is a prime example of the potential pay out on this stock.
My opinion is This stock will be up-listed and revolutionize the container and trucking flooring industry.The moral of the story is I'm not going to give you investment advise but I don't believe we are looking at long-term from here on out. Rumors in the industry are that CFRI has three, possibly more major freight companies fully satisfied with trials and planning to change specs to Eko-Flor in 2012 which equates to large orders and big profits. I have contacts in senior positions within multiple companies in the trucking and shipping industry who believe this stock will shock everyone. This isn't a typical penny stock as CFRI is a legitimate business with institutional support, assets and the only efficient, certified flooring product in the industry where there is a need.
This company has had issues with tardiness of fulfilling orders. The significance of further progress in completing their production line is reassuring in that the executive management identified the problem and is feverishly working a solution. The demand will come fast and hard for Eko-Flor once the company proves it can supply on time and in bulk. I own 35k shares and plan to add more. My opinion of major milestones to look for is:
1. Completion of satisfactory trials by major shipping companies.
2. Completion of production line and staffing of the IN plant.
3. Announcement of major trailer flooring orders which will come quickly once the factory is complete.
4. Stock price will climb significantly and news of being uplisted in the market will imediately follow.
5. Announcment that profits from the trailer company will be used as capital for the container flooring plant in china which is the ultimate cash cow of this industry.
Huge profits will come once trailer flooring production is fully established and a lot of you will sell off for huge profits but mark my word that the container flooring could make this company the Microsoft stock of the transportation industry. Nevertheless, I have strong ties to the industry and believe this stock is a hidden gem that in the longterm will most likely make those who accumulated and had the balls to ride it out very happy.
This isn't the first time it has dropped to this price and it won't be the last until the company releases news. Those who wait will be happy and those like you will find another board to bash.
Who did you talk to and when because I have gotten a diferent story than you.
From what I have got from the company there IS good news to come and oil production is already better. The speculation is over and I am convinced that the next PR will announce accomplishments not what will happen. If you don't believe that then don't invest in this company nor give us your opinion. The last conversation I had with them is all financing and capital is in place and the company's future is good to go.
I previosly asked George, President of Nueces, and was told that the company previously hired PR firms but "they did not do their job". Subsequently,he said Gordon believes the PPS will take care if itself once significant news is released concerning Well updates and oil production. I told him that investors were not happy to be kept in the dark but he stated G ordinary is the one that makes those decisions.
I ran a background on all parties involved which gave me his personal phone number. His wife actually answered the phone at their residence. Trick of the trade from being a cop for 10 years.
12:04 Today CST
I just spoke with David Dischiamo, BYSD Director, who stated the wells in South Texas and Mississippi are coming along well. He was unable to give specifics as he has been unable to get ahold of Gordon lately. He stated that was due to Gordon constantly flying around, trying to get deals finalized and wells turned on. He stated "I will tell you one thing, Gordon is one of the hardest working men I know and he constantly on the move finalizing BYSD efforts". He stated "everything is finally coming together for Bayside as planned and the company has a very positive outlook and future". He stated that "if oil production has not already been increased, it will soon" and "it is only a matter of time before the wells are turned on and flowing".
50 Mil was mine, hopefully it pays off!!!
BYSD came from $.06 to the current PPS in less than three months and I believe with the inevitable "good news" to come we will see it soar just as fast as it fell. This stock has sky rocketed on forward looking statements but the news to come should include actual increases in oil production as a result of those forward looking statements which will be the basis for huge gains and the return to Pennyland. Some said this stock would be the stock of the year for 2010 and although that statement may be wishful thinking to a certain extent, it has the potential to live up to that claim and surprise us all once it moves to +$.01 and higher again with real news. JMO
Maybe I did not fully articulate myself in a manner in which you are able to comprehend. I do not represent BYSD nor have I ever. I am merely an investor with approximately $15K invested in this company that does not appreciate bogus, misleading or speculative information that only facilitates the cowardly shorting of stocks that I own and have done my DD on. I have been invested in this company for sometime and followed their progress. Through my DD, I have determined first hand that this company is only interested in long term growth and have learned their lesson with utilizing POS promoters that pump and dump. IMO, they are waiting to disclose progress publicly until there is a substantial increase in barrels per day production which I believe is already under way based on the few updates that I have managed to get from the company. The company remains pretty tight lipped but through DUE DILIGENCE, persistence and my inability to take no for answer, I have managed to receive a few updates from Gordon and George along the way and reassurance that only positive things lie in their future that only patience will tell. Any investor that can get through to Gordon and George can receive such updates on progress which I have posted on this board to assist my fellow investors. That assistance should be much appreciated by true investors and yet you continue to make slanderous remarks that are unfounded.
Public information is knowledge that the company is willing to release to the public. I am part of that “public” who has taken the initiative to continuously contact this company and not take no as an answer. Whether or not the company chooses to release the information via a “PR” or individually to investors that understand the very definition of “Due Diligence” has no bearing on your opinion. BYSD has listed their contact information and I have been hung up on and forwarded to voice mail countless times but I refused to give up and, IMO, I have obtained the public information that BYSD is willing to disclose that I need to sleep better at night is such a substantial personal interest in this company. Whether or not you want to read my postings is your decision but I believe there are other legitimate investors that would like to see my DD; however, to attempt to quote federal regulations in a legalistic manner does nothing but attempt to drive the price per share down and is the equivalent of typical bashers.
To answer your question, no I am not an insider. I actualy work as a fraud investigator for a Bank in Texas and I was a cop for ten years which makes me a very persistent person. I not only have done DD on the company itself but I also did DD on Gordon to include all personal assets, family, friends, judicial history, known phone numbers, etc. This knowledge allowed me to obtain Gordon's Cell phone number which in turn enabled me to be even more persistent..... Don't make accusations that you can't backup.
I spoke with George Burrell who stated oil has been confirmed at Loma. The #2 well is finished awaiting the pump jack install. Acording to George, they should have been complete by now except the company had problems getting a crew from Baker Hughes. They had previosly been using a crew from BJ but the merger realigned priorities for work crews. I'm going to attempt to get more specific info from Gordon and also ask them to issue a PR with well updates. They continue to claim everything is good.
Spoken like a true Shorter needing to cover!
.0001 is merely MM minipulation as attempted to buy more at .0001 with no hits but changed my order to.0002 and completed w/in a minute. 26mil @ a .00018 cost average is a win win IMO.
Bought 25mil, let's see what she does!
SOFAME TECHNOLOGIES INC(CDNX: SDW.V)
Last Trade: 0.04
Trade Time: 1:13PM EDT
Change: 0.00 (0.00%)
Prev Close: 0.04
Open: 0.04
Bid: 0.04
Ask: 0.05
1y Target Est: N/A
Day's Range: 0.04 - 0.04
52wk Range: 0.02 - 0.12
Volume: 56,500
Avg Vol (3m): 213,939
Market Cap: N/A
P/E (ttm): N/A
EPS (ttm): N/A
Div & Yield: N/A (N/A)
I spoke with Gordon today and he agreed to discuss the progress on his projects with me next Monday. Everything looks positive though and I had the chance to speak with Avilon who stated they are moving forward with the purchase of the production lease from Bayside as mentioned in a May 26th Pr. VI also did some DD on the new transfer agent Bayside is using and found where they pulled another client from a lower PPS to stable .02s last year which I find a little comfort in.
Your Right! This stock is going to sky rocket and we will all be happy. The company needed $5Mil from a private offering of $.25 in March to finish all well projects. They did not get it all but the new share structure gave them enough shares to sell for the remaining capital. This company is on the verge of surprising all with substantial oil production increases that will help the company achieve it's goal of being listed on the AMEX by the beginning of 2011. Current updates of SEC requirements is laying the foundation. JMO
This will go to over .01 easily with well updates. A lot of you beliieve .005 is the target but this company has increased it's oil production levels without releasing PRs and now they are updating their SEC reporting requirements. They are preparing to up list and become a legitimate company. I believe they published their income statement in preperation for significant oil production news which would send this stock through the roof. IMO
If wells are reported as producing substantially more oil, what are your opinions for pps? I am confident in my DD and the fact this company is on the verge of good news but I'm wondering about other's thoughts on potential profits if I'm right.
Considering the Safe Harbor Act, George's, Pres. of Nueses, statement to me last month that the company is producing more oil today then yesturday, I am convinced we will all be surprised by their well undate when it's released. His statements were not forward looking and in fact he told me that one of the well reworks is producing "more oil then they ever dreamed of". Being familiar with the indipendent oil industry, it is not unreasonable for the company leadership to not show much concern for share price if they know their leases are producing and capable of producing the projections. In fact George addressed that very topic with me with a statement that he and Gordon were "not woried about the share price" and they were "confident that the PPS would take care of itself".
Gordon has expressed his desire to be listed on AMEX by year end and I believe this to be the first step.
It wasn't finalized and the fins were not combined as of last month.
The thing you guys are not considering is that this company is legitimately pumping oil. Wait until real news is released concerning the final merger between Nueses and BYSD. Once the combined financials are released, there could be a lot of happy campers.
Don't worry they're just Shorters, trying to drive the PPS back down!!!
Is there an Ex-Date for the Divis?
George, pres of nueses
He'll talk about progress but he'll be the first to tell you that they don't care about Pps and they believe the stock will take care of it's self when the fins are released upon completion of the merger. They have enough private cash to complete thier projects from what I've gathered. I'm not woried, worse case senerio will most likely be an rev split but I don't think it will be to bad seeing the Pps has been so low and the weak have jumped ship.
Both Loma Wells to be completed 7/1
Spoke w/company and both wells look good and pimps will be completed by July 1st. CPA completed audit approx two weeks ago and is working to consolidate balance sheet for 2010 and tie up loose ends for each company's 2009 sheet.
Just a thought!!!
Maybe the MMs, TA and/or HOTI is trying to shake off some investers through stop loses and weak stomachs to free up there shares. It's not uncommon to atempt to force the weak out prior to a RM or a reverse split. Although a RM is no thier public plan, it could be manipulation to minimize investors prior to releasing fins and a substantial increase in SP. Just a thought!
BAYSIDE PETROLEUM COMPANY IN SEC Filings
Below is a cut and paste of two recent SEC Filings which I believe to be related to a previous conversation with Gordon prior to the March SWIA conference in which he stated the company was seeking $5 Mil in restricted stock @ $.25 per share. I found the filing on Dailyfinance but they do not allow for download. Does anyone know where I can view the actual filing?
Date File Type Description File Size 04/16/2010 04/14/2010 144 Restricted Stk. Sale 2 Pages
04/08/2010 04/05/2010 144 Restricted Stk. Sale 2 Pages
.
That's because they are privately held with the same group of investors since inception from what I gathered from the President.
BIGWAVEDAVE!!!
I posted the BBB report for Nueces to see who I was talking to this afternoon. From my conversation with George, I realized quickly that he was directly involved with oil production but had left the BYSD public stock to Gordon. He made it clear that our conversation was the first that he had heard of BYSD not maintaining an open relationship with investors; however, he stated that in his opinion that the market would sort out the share price in the end "he would much rather have a ligetimate pennystock stay neutral until the company is fully positioned" and went on to state "after all BYSD is a small company with huge future potential"
I believe BYSD to be a legit company that may not be releasing a play by play of every shit they take on the crapper but the future will prove to be profitable.
My thought process is that anyone that questions the legitimacy of the company that has a substantial stake in the company should pay their corporate office a visit in Dallas the next time you are in town. I just passed through last week but couldn't stop. I thought about it but today's phone call gave me a sigh of relief.
BBB Reliability Report for
Nueces Valley Resources, Inc.
A BBB Accredited business since 04/17/2006.BBB Rating A
BBB issues Reliability Reports on all businesses, whether or not they are BBB accredited. If a business is a BBB Accredited Business, it is stated in this report.
BBB Accreditation
This company has been a BBB Accredited business since April 2006. This means it supports BBB's services to the public and meets our BBB Accreditation standards.
BBB Rating
Based on BBB files, this business has a BBB Rating of A on a scale from A+ to F.
Reasons for this rating include:
•Length of time business has been operating.
Business Contact and Profile
Name: Nueces Valley Resources, Inc.
Phone: (972) 385-7800
Fax: (972) 385-7997
Address: 14875 Landmark Blvd Ste 203
Dallas, TX 75254-6774
Google Map
Website: www.nuvares.com
Original Business Start Date: October 2005
Principal: Mr. George Burrell, President
Customer Contact: Mr. George Burrell, President - (972) 385-7800 or send email
Email Address: Send email to Nueces Valley Resources, Inc.
Type of Business: Oil & Gas Exploration & Development, Oil Properties
BBB Accreditation: This organization is a BBB Accredited business.
Products and Services
This company offers Oil and Gas Production
Licensing
This company is in an industry that may require licensing, bonding or registration in order to lawfully do business. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
These agencies may include:
Railroad Commission of Texas
PO Box 12967
Austin, TX 78711-2967
(877) 228-5740
www.rrc.state.tx.us
Customer Complaint History
BBB processed a total of 0 complaints about this company in the last 36 months, our standard reporting period.
BBB Program Participation
This company has agreed to use special procedures including arbitration, if necessary, to resolve disputes through their participation in the following programs: BBBOnLine, BBB Care.
Government Actions
BBB has no information regarding government actions at this time.
Advertising Review
BBB has no information regarding advertising review at this time.
BBB Copyright and Reporting Policy
As a matter of policy, BBB does not endorse any product, service or business.
BBB Reliability Reports are provided solely to assist you in exercising your own best judgment. Information in this BBB Reliability Report is believed reliable, but not guaranteed as to accuracy.
BBB Reliability Reports generally cover a three-year reporting period. BBB Reliability Reports are subject to change at any time.
If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Reliability Report.
ID: 90027451
Report as of May 5, 2010 20:13
Copyright© 2010 Better Business Bureau
ishurdman:
I discussed that very subject with George and asked why they are not utilizing a PR firm. He stated that although he is not directly involved with the public stock, he knew that the company contracted a PR firm in the past who was not doing what BYSD wanted. I might have mentioned eairly, but one thing I thought was most important is the clear objective of ensuring Nueces private investors "who have been with the company from the begining" were componsated to ensure continued capital for current and future BYSD/Nueces projects. He made it clear that the projects that have been completed on BYSD acreage as well as future reworks and drilling operations on those properties will yeild greater profits for BYSD per the merger then Nueces. Additionally, he stated the companies have almost completed the intigration and merger of all financials. One of the final things he told me in jest was that he ownes "quite a few more shares then I do as a result of the merger and he is not worring at all".
Legitimate News From BYSD!!!
I just had a lengthy conversation with the President of Nueces Oil Co. which merged with Bayside. The information provided was probably more informative than any of my previous conversations with Gordon.
- First of all, he clearly stated there is NO DILUTION, and there has been no new issue of shares since the merger nor are there any future plans.
- Second, George does not handle the filings for BYSD with Nevada; however, he stated that will most likely become one of his responsibilities in the future.
o He stated that he would look into the filings and ensure they are updated immediately and expressed “it is not really that big of a deal” and is easily corrected. As he explained, companies pay a firm to ensure such requirements are met and obviously the company BYSD contracted is not completing their responsibilities.
- Third, I asked if BYSD is a legitimate company, which he replied “I certainly hope so”.
- Fourth, George discussed the merger and gave me a better understanding of BYSD and it’s future.
o Nueces boasts a preferred rating with the BBB and has been in business for some time.
o Nueces was successful with private investors but their percentage of ownership in acreage was minimal and the company had pretty much hit a profit plateau which led to the decision to merge with BYSD.
o BYSD, according to George, was a small startup company that possessed a much greater portfolio of acreage unlike Nueces. However, BYSD was not producing on majority of its leases due to capital constraints but BYSD possessed a much greater experienced technical staff than Nueces and visa versa, Nueces possessed a more capitalized and profitable business.
o Subsequently, BYSD and Nueces merged based on their respective value as one organization.
? George stated the merger allowed Nueces to expand its leaseholds while providing BYSD the capital needed to fully develop its existing leases which mostly sat unused.
? According to George, BYSD retained the greater percentage of ownership and will “definitely receive greater profits in the future”.
? “These profits will be released to the public and BYSD will become a fully reporting company but to whether or not that happens in the next few months, I can not speculate”
? “The fact of the matter is Bayside is a bigger company today then last week and will be a bigger company next month then today and so forth.”
- Fifth, George stated that he has not paid much attention to the public stock and investor relations for BYSD but that based on our conversation of widespread discontent, he will address the issue with BYSD.
My interpretation is that everyone should look at this company as a longterm investment as it’s management does not have any desire to artificially “Pump” their stock. Growth of BYSD has already occurred and will continue to prosper but their dependence on public investors is minimal as Nueces is well capitalized to continue rework projects and subsequently produce increased and reported profits for BYSD.
Half Ass Update From BYSD!!!
I spoke with Johnny Griffith, an Engineer from BYSD, who wanted to refer me to Gordon who was out of the office. However, I wouldn’t take no for an answer and ten years of law enforcement experience may have paid off as he gave me “Some” info and told me I would need to speak with Gordon when he returns to the office. I asked the below questions which were vague but he did answer to a certain extent.
Q. Is BYSD producing any oil?
A. Yes, we are producing “a little oil”
Q. How are the reworks coming along?
A. “Pretty good”
Q. Are the reworks producing oil?
A. “A few of the reworks are actually producing better than we ever thought”
Q. What are the next projects to be completed?
A. “Starting an additional rig in Duval County on Friday”
I don’t know how much this information will help but at least it is better than nothing. Griffith was uncomfortable with me asking him questions but I did manage to get a little in the midst of being referred to Gordon for answers.
HappyMario’s eternal bliss…….
Mario, you seem to always bring so much cheer to the board…..
I believe what we are seeing is the final stages in a reverse takeover in an effort for HOTI to go public without investing a substantial amount of money in forming a new publicly traded company. Worst case scenario for investors is a reverse split but for the most part it should be pretty positive. In order to finalize the takeover, HOTI has to ensure SKTO is profitable enough to sustain NASDAQ trading which accounts for HOTI’s companies realigning under SKTO. Whether profits are substantial in the near term or long term is the real question but never the less the merger should prove to be profitable.