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well im pretty happy with stock so far, had 1mily, sold 750k, made 2500$, with another 250000 shares. I guess we will have to wait and see today, but i can see a small dump, consolidate etc. Today will be the key.
I kept my 50k free shares!
nice, .01 would be nice
it looks really thin, thinking its going to pop
bids are building
I think I just witnessed in passed couple a lot of buying.
2's up ladies..
almost a bid.. here we go, news, then blast off
47 mil left
the 1's are getting chewed up, 1/2 gone already.
so Feb 8th, Olie back online I guess?
Olie Inc. Announces MOU With Andiamo
7:05AM ET on Monday Jan 27, 2014 by GlobeNewswire
Olie Inc. (OTCQB:OLIE) (Olie) President, Robert Gardner, is pleased to announce that it has completed a Memorandum of Understanding (MOU) to restructure and reorganize Andiamo Corporation (PinkSheets:ANDI) (Andiamo). Andiamo is currently delinquent in its filings with OTC Markets. Olie will assist in Andiamo's return to current filer tier status, and in this process:
-- complete the accounting,
-- file completed unaudited financial statements,
-- pay for amended disclosure documents with OTC markets,
-- introduce and retain SEC legal counsel to assist in review, and;
-- when appropriate, for counsel to provide necessary legal opinions.
In return Olie will own $250,000 of Andiamo's convertible preferred stock and reserves the right to assign from the non-affiliate note holder its aged, matured, and secured debt.
Robert Gardner, President of Olie states, "Our 2014 Action Plan includes this restructuring and reorganization of Pink Sheet Companies that are delinquent in their filings with OTC Markets Inc. Many of these companies have a significant shareholder base, often with modest debt to equity ratios, but simply have incomplete financial statements. Our expertise is to complete their financial statements, absorb their non-affiliate debt, bring them current with OTC Markets and eventually file audited financial statements. In exchange Olie books the debt absorbed from the debt holder as a note receivable on our own financial statements. Should we exercise the right to convert that aged debt into stock, then for Olie to sell. The proceeds thereby would enhance the cash position of Olie."
Rick Shykora, current CEO of Andiamo, also states, "As part of our agreement, there will be changes made to management to ensure that the process of getting the company back on track with its accounting, filing and disclosure are implemented. We expect to apply and file two separate corporate actions with FINRA: an anti-dilutive convertible preferred stock dividend to protect our stock holders, and a subsequent reverse split. We intend this to take place simultaneously to our appropriate filings. We understand the joint venture with Olie positions them as the largest non-affiliate equity holder in the Company, but it also opens the door to Andiamo to potentially progress as an OTC Company."
Safe Harbor Statement:
I think this about warm back up. All I see is buys.
Posted Jan 17, 2014
Washington, D.C. 20549
_________________
FORM 8-K
______________
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): October 18, 2013
GRID PETROLEUM CORP.
(Exact name of Company as specified in its charter)
Nevada
000-53276
30-0690324
(State or other jurisdiction
(Commission File Number)
(IRS Employer
of Incorporation)
Identification Number)
1155 Camino Del Mar, #176
Del Mar, CA 92014
(Address of principal executive offices)
Phone: (702) 751-3889
999 18th Street, Suite 3000,
Denver, CO 80202
(Former Address of principal executive offices)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Company under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Grid Petroleum Corp.
Form 8-K
Current Report
Item 1.01 Entry into a Material Definitive Agreement
On October 18, 2013, Grid Petroleum, Corp., a Nevada Corporation (the “Company”) entered into an Asset Swap Agreement (the “Asset Swap Agreement”) by and amongst the Company, Xploration Inc., a Nevada Corporation (“Xploration”) and Solimar Energy, LLC, a California limited liability company (“Solimar”); thereby, swapping certain land leases as described below, forgiveness of delay rentals and terminating the (a) Kreyenhagen Trend Joint Operating Agreement dated March 1, 2011, between Solimar and Xploration (“Kreyenhagen Trend JOA”), (b) Jacalitos Joint Operating Agreement dated March 1, 2011, between Solimar and Xploration (“Jacalitos JOA”) and the (c) Farmin / Settlement Agreement dated November 3, 2011, between Solimar and Xploration, with an effective date as of September 1, 2013.
As per the terms of the Asset Swap Agreement, the Company and Xploration assigned sixteen percent (16%) interest to Solimar, in the following six (6) leases located in the Kreyenhagen Trend, instruments numbered: (i) 0922006 2009-0167477, (ii) 2007-0068080, (iii) 1122558, (iv) 801269, (v) 2007-0036755, and (vi) 2007-0036730. Further, as part of this Asset Swap Agreement, the Company and Xploration, assigned the twenty-five percent (25%) interest in the Jacalitos Lease, instrument numbered 2009-167476, for a total assignment of 3,102.43 gross landowner acres and 3,082.43 net landowner acres to Solimar. In return, Solimar assigned eighty four percent (84%) of its interest in the Bureau of Land Management Lease, serial number: CACA 49877 representing 1,140.62 gross and net landowner acres that is a part of the Kreyenhagen Trend to the Xploration and Xploration will be assigning the eighty four (84%) to the Company at a future date.
Additionally, as part of the Asset Swap Agreement, Solimar shall forgive Xploration and the Company of the Company’s and Xploration’s obligation to pay the delay rental on the Vintage Petroleum, LLC, lease on instrument numbered 0922006 2009-0167477, and 2009-0167476 for a total forgiveness of nine thousand nine hundred thirty one dollars and forty nine cents ($9,931.49). In connection with the Asset Swap Agreement, Xploration will pay Solimar three hundred sixty five dollars ($365) for its delay rental on the CACA 49877 lease that became due on August 31, 2013.
The foregoing description of the Asset Swap Agreement does not purport to be complete and is qualified in its entirety by reference to the text of the Asset Swap Agreement, which is filed as Exhibit 10.01 hereto and is incorporated herein, by reference.
Item 1.02 Termination of a Material Definitive Agreement
The information set forth under Item 1.01 is incorporated by reference into Item 1.02 of this Current Filing.
Item 2.01 Completion of Acquisition or Disposition of Assets
The information set forth under Item 1.01 is incorporated by reference into Item 2.01 of this Current Filing.
Item 8.01 Other Information
Effective as of December 16, 2013, the Board of Directors of the Company determined that it was in the best interests of the Company and its stockholders that the Company change its address to 1155 Camino Del Mar #176, Del Mar, CA 92014 (the “Address Change”) and by resolution authorized, approved and adopted the Address Change.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
Exhibit 10.01 – Asset Swap Agreement by and amongst Grid Petroleum Corp., Xploration, Inc., and Solimar Energy, LLC., dated October 18, 2013.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
GRID PETROLEUM CORP.
Date: December 16, 2013
By: /s/ Tim DeHerrera
Tim DeHerrera
Chairman of the Board of Directors
ya they added a bunch of shares, loading starting me thinks!
Im grabbing my milly, seen this baby run before.
1's almost gone, get em while their hot
Get you 1's now
Why would they be putting news out, these guys are buying up everything site, no doubt they had a late filing.
well just look at aegy, noho is next$$$
what was the deal with dividends?
ya, looks like something is happening.
Well, i don't think its over yet, im guessing one last run!, and hold your freebies. That all i can say.
what a slaughter, what happened
looks like she's about to run
hola, mola! 85m slap that ask
someone buy some, quick.
i've added.. thank you very much
I been watching this stock for over a year, this thing is gonna run HARD!, will probably see 0.005 just like that.
can anyone tell me, how this is working. I had 3mil orig (gihi), now I have:
1) EMBARR DOWNS INC EMBR 70 - this I can trade
2) EMBARR DOWNS INC '33L 1,400 - this is locked
3) SOVEREIGN OIL INC 33LGND 70,000 - this is locked
what kind of shares are they, and why are they locked and til when? And what are the dividends based on 1, 2 or 3 or all?
and 7's
yep, i can see .0012 monday, higher!
Wow all buys tday mostly
slow and steady, 5's leaving the room soon
looking good!
ya, your right, have these guys ever done a r/s before?
its been around awhile, it only has one place left to go, UP!, so grab your milly and hold on tight boys and girls