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Always, .... it has always been about the Avalon oil and gas assets, management comes and goes.
always you make a good point, he should have done a better job with DD.
You know him, why did he terminate these relationships with these questionable characters?
These are good questions, I would also like to know the answers. Maybe our new friends at Alpha Exclusive can help get us answers.
We have been waiting for that information for some time now, some thought when Gabe Rodriguez and E-Relations was hired we would hear something. It appears they helped with the Stockhouse interview and we learned of the Northeastern Colorado property. Not sure what they were paid for that effort but would think we should see something in the SEC filings.
When I noticed Gabe was removed from the Avalon web page, I called and spoke with him about his termination. He told me of the meeting in Europe as KR was trying to raise funds. We may be seeing Gabe selling some of his shares if he was paid with shares and or folks he brought to the game selling their position.
It appears to me that Alpha Exclusive started their IR program within a few days of E-Relations termination. As reported in the Stockhouse interview one issue was communications with investors and KR discussed plans for a social media presence. As we have seen, this appears to be the main theme thus far with AE.
I have done a little DD on Alpha Exclusive and was able to find a little information. I found on Linkedin a Keith R in Palm Beach Gardens who is with Alpha Exclusive, yes a Keith R (no last name) anyone can find this information if they look. On their web page, Alpha Exclusive, and in their disclaimer we know they are being compensated ten thousand dollars via bank wire and they expect to receive ten million restricted rule 144 shares of Avalon.
We have seen the start of something, maybe the awareness program has not started as yet. We have seen a release that states Avalon presents to European private equity group. We know Avalon is trying to raise monies to close acquisitions. The private equity company has been identified. Maybe those closer to the money might add some insight to the dialog.
Thought you might know more about the private equity company.
I find it interesting with your PS KR comment.
Folks I do not have any inside information concerning the business operations of Avalon nor do I know Kent Rodriguez personally. On my next business trip to Minneapolis / St Paul I do plan on stopping by the Avalon offices.
I have done hundreds of hours of DD on Avalon and I do more each night. I am an investor in this company and I have been buying this stock since March of 2011. To date I have not sold any of my holdings.
My family and I live in Louisiana, outside New Orleans on the north shore of Lake Pontchartrain. We have lived here for twenty years now. We love the Saints and LSU.
My posts are based the DD I have found and my investment in the company is also based on that research.
MoroDD thanks for your post …you ask … when can we expect any acquisitions in your opinion?
This is going to be an interesting time in Avalon’s history. I personally think large block holders are buying additional shares at these cheap prices, as long as folks want to sell.
I purchased more myself today cost averaging my position. I believe time is on the side of the buyers purchasing these cheap shares right now. I do believe KR will be successful in raising additional funds to complete the acquisitions. I trust Mr. Haeusler will help the company find additional investors.
If you have done your DD on Avalon’s oil and gas assets and you believe in the value as I do, today’s market cap number of $786K makes purchasing more shares at these prices is an easy decision.
Bought more today.
Of all the people on this board, the time you have spent here and you have no idea who that person is? You do know Mr. Robert Brain Boeckman, he sued Avalon.
As everyone understands lawsuits against a company are concerns every investor has and it is important to understand why the suit was made and by whom. The suit was brought concerning oil and gas property deals that were cancelled. KR has a history of not doing business with “questionable characters” and their associates. When DD reveals these characters, they are out and the deal is cancelled.
In the SEC filings you will find Avalon oil and gas deals cancelled with MidContinent Investments and the Sooner Trend Leasing, which were owned and or controlled by the Boeckmans. I would call the Boeckman’s and their associates “questionable characters”. The deals were brought to Avalon by a Boeckman associate as I understand from the SEC filings.
Mr. Robert Brian Boeckman and his father were convicted of murder for hire in 1988. More concerning and sicking to me was the arrest of Mr. Robert Brian Boeckman in 2007 as he was charged with first-degree murder in the death of a baby. The charge was linked to allegations that he inflicted fatal injuries to a 10 month old. Mr. Boeckman pleaded guilty to a lesser charge as I have read.
The SEC filings show the Boeckman’s and associates lost millions of Avalon shares when the deal was cancelled. Recently I found that this former director of Avalon and ( he lists himself as a past President of Avalon ) was the trustee of the Boeckman Family trust. If you have an interest, one interesting article you will find in your DD is titled Avondale Enters into Contract for Reformation. You will find familiar names in that article as those involved in past cancelled Avalon deals.
DD clearly shows KR has a history of not doing business with “questionable characters” and their associates. Those making claims otherwise should present evidence.
This information is out there for all to see and you will find it in your own DD. It is surprising that folks having spent years on this board are unaware of these characters or so they claim.
Rumor has it you say. Let me think about what you just said …. rumor has it, right. Maybe they didn't hear that rumor.
I would guess that’s why they still have a position in Avalon.
Always....... It is always a pleasure exchanging dialog with you.
I would guess with your comment, you haven't viewed the current 13F-HR filing by Benchmark Capital advisors. That filing shows them holding Avalon shares. You say they sold all of their shares, today’s public records say different. Those interested look for yourselves. You will find they don’t have a lot of value in their holdings, so why would they hold on to the shares?
As you know Mr. Tawes is listed as an advisor on Avalon's web page. One would think you wouldn't list him if he was going to make negative comments about the company. I would guess your reporting was not “hear say” but maybe …. You say?
Last week an interesting thing happened here, I asked you about a company that a past Avalon “short term” director is President of. You remember Amerex Resources? On the company’s web site information piece on him, he lists himself as a past President of Avalon. There seems to be some interesting DD regarding him and his associates. Associates who also have a past with Avalon and the lawsuit brought by one Mr. Robert Brian Boeckman. Care to comment?
Good morning we had a beautiful weekend in New Orleans …… you asked about institutional holders in Avalon. It is rare to find institutional holders in these sub-pennies, but Avalon has a few.
In my DD I found Benchmark Capital Advisors holding a small position, but think, one of their principals holds a larger position as reported in the SG13 reports filed. I can not find anywhere they have reported selling. That person held a 6.6% position at one time and now has reported their position is less than 5%, more than likely their reduced position was a result of dilution.
Based on etrade, Marmite Capital AG also holds a position and their IFM Marmite Exploration and Mining also reported as having a position.
We also know based on SEC filings that L’Avenir Finanz AG and Lawewa International hold positions.
In the SG13 filings you will also find that one of Avalon’s advisors held a position greater than 5% but has reported that position is now less than 5%, again more likely reduced by dilution.
MoroDD ...... have you been watching the after hours volume?
For me today, I am not buying more than .04999 percent of the outstanding shares. That is 32 million shares. Today’s cost would be $42K.
You want to invest in a business $43K could get you 5%. Twenty folks investing $43K in open market purchases, different ballgame.
MoroDD have you had an opportunity to do any DD on the private Avalon Oil and Gas?
The company was formed in 2004 by three management principals of Avalon Exploration and Energy Trust Partners.
ETP originally committed $10M for a 77% ownership interest before management incentives and fully funded the capital commitment.
Avalon Exploration was founded in 1982, twenty two years later 2004, they put it all together, What made it work? The oil and gas asset! Oil and gas in the ground is like money in the bank.
"agree totaly...but who is selling 12s???? no one bought lower...
There is a cost $$ when you promote an IR awareness program and we have seen those costs in the SEC filings, but there is also a cost $$ when someone or some group wants to drive the price down.
Sometimes it is out of pocket today, but most of the time it is a “lost” profit opportunity, but recapturing what has been spent, at some future date. Than as the stock price goes up, replaying the silly game.
But why would someone or some group want to drive the stock price down? EGO maybe, but in my DD some of the past characters, in Avalon's history, were probably embarrassed beyond reason. There names are out there for all to see.
It appears to me from my DD, if you are a questionable character, being nice here, Avalon wants nothing to do with you.
MoroDD made a point earlier that I have been thinking about and other folks need to consider. Avalon’s par value.
“an amendment to our Articles of Incorporation to increase the authorized number of shares of our common stock from 1,000,000,000 shares to 3,000,000,000 shares, par value of $0.001 per share.”
The par value of a share of stock is the value stated in the corporate charter below which shares of that class cannot be sold upon initial offering; the issuing company promised not to issue further shares below par value, so investors could be confident that no one else was receiving a more favorable issue price. Thus, par value is a nominal value of a security which is determined by an issuing company as a minimum price. This was far more important in unregulated equity markets than in the regulated markets that exist today.
Today, right now, the market cap for Avalon is roughly $786.4K, I believe the assets base is worth $10M plus. The stock is seriously undervalued, par value is $.001 per share.
As last reported Avalon has cash, Avalon could make a very strong statement to their investors by adopting a stock repurchase plan, per rule 10b-18.
These repurchased shares would become treasury stock, available for resale at a future date, of course without the diluting factors.
Following the 10b-18 rules, Avalon could repurchase these cheap shares and resale them when the stock price warrants to purchase additional assets. The result, when sold at higher value, increases shareholder value.
Nobody forces anyone to sell their shares cheap. And the games some folks are playing, let them sell these cheap shares.
Quote:
If you think Avalon's management is selling their shares they wouldn't be that foolish.
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Their personal shares on the open market, their personal ownership position that keeps control of the company.
I have no problem with dilution for cash or assets or to pay bills. I love it when stock is used to buy assets. That gives me an opportunity to purchase more shares to maintain my ownership position and puts large block owners into play.
Remember the personal shares management owns get diluted also, you have to watch the 40% position KR will have at conversion and the number of shares he currently owns.
Getting large block owners to vote a certain way is a matter of salesmanship and of course future profits.
At these low prices folks should be loading up.
Bill the Thrill ... thanks for your post. What makes you think it was a long? I increased my position yesterday. Those that have done there DD will not be selling, but will be buying at these low prices. Speculators on the other hand, who knows. Maybe they need money to pay the rent.
Than there are those folks that want and work to drive the stock price down. It is no secret here. Over the last year we have seen folks sell at the close, $10.00 or less of stock value, just to get the close price down.
Those buying welcome to this opportunity. For me I have not sold one share of Avalon to date and am increasing my ownership position at these low prices. I believe those holding large blocks will help make Avalon into the oil and gas company we all want to see.
If you think Avalon's management is selling their shares they wouldn't be that foolish.
Bill the Thrill ... thanks for your post. What makes you think it was a long? I increased my position yesterday. Those that have done there DD will not be selling, but will be buying at these low prices. Speculators on the other hand, who knows. Maybe they need money to pay the rent.
Than there are those folks that want and work to drive the stock price down. It is no secret here. Over the last year we have seen folks sell at the close, $10.00 or less of stock value, just to get the close price down.
Those buying welcome to this opportunity. For me I have not sold one share of Avalon to date and am increasing my ownership position at these low prices. I believe those holding large blocks will help make Avalon into the oil and gas company we all want to see.
If you think Avalon's management is selling their shares they wouldn't be that foolish.
That Avalon Oil and Gas is a private company in Tulsa.
Think about this for a minute, may take you longer, I live in the New Orleans area, north shore.
Come on down and we can talk about the issues.
Always .... always a pleasure, love your post ..... all of the "bulls" last week said, as they have said EVERY WEEK, news coming,.... “Do believe we received news this week, I’m sure not the news you might want to here.” And it’s pretty safe to play that news card with just about every public company; all stockholders want more news.
I love the word “promises”.... but the only thing management is adept at is making UNFULFILLED PROMISES- ONCE AGAIN, workovers, spinoffs, acquistions- IT HAS ALL BEEN PHONY!!! Wow, Hundreds of Thousands of words have been used in SEC filings and press releases, but the word “promise” has been never used, oh I promise. and of course “lie after lie after lie- man you got that right.
and by the way, a note to seismic, traditionally when valuing oil and gas properties "discounted present value" is used-, did you say traditionally, discounted present value, please let me know when you have oil and gas properties you want to sale.
and who did the valuations you quote so readily? Do you have a problem with that company also?
You must mean the $60K Harvard charges for their program. awarded kenty his exec mba from harvard? YOU KNOW, THE ONE HE CLAIMS THAT DOES NOT EXIST, ..... does caps mean screaming?
Wasn't for long!
It is interesting that you would bring this up, but yes I do recall “someone” without naming names, was touting a company that ended up having big problems. Boy I bet that was embarrassing. That was Netco Investments wasn’t it?
That wandering eye comment, now that is a really interesting, are you sure that wasn’t one of the former Avalon directors that only lasted two months?
If you are selling at $.0015 you are leaving money on the table.
As a matter of fact anyone that is selling right now at $.0014 is leaving money on the table.
Anyone selling at these low prices is leaving money on the table.
A question for everyone …. Do you remember anyone staying “drill baby drill” at the Juffy Lube?
I do remember a few folks saying “burn baby burn” as KROG and Bandera President was sent to prison for fraud.
MoreDDstocks ……… Good afternoon ……. I just couldn’t help myself today as I made two buys at ask.
Have you looked at the patent on Avalon’s Paraffin Wax Mitigation Technology. I have a copy of the patent and it is available on line. Folks might find this to be a very interesting read.
Listen to the Stockhouse interview where KR talks about this technology. Paraffin wax issues are a billion dollar problem. Alf Tordal with Statoil in Stavanger is working on finding technologies that offer a cost effective solution to this costly issue. World Oil had an article in November 2009 that you might want to find and read. There are numerous articles out their talking about this billion dollar issue.
You might have an interest in looking at posts 4184, 4186 and 4188.
Are you sure this is not activity related to an old REGs placement and clearing of the restricted shares? Post 9772.
logical cash ..... you need to read post 9772. Large block holders are not selling but buying at these low prices. The last three sentences might give you more insight.
Now look at #9767
moroDDstocks .... thanks for your post. DD is a given if you are an investor in any company. If you are a player in the market good luck, follow the charts, buy and sell have fun. I hope you make a ton of money.
There is alot more going on here with the investors than following charts. Look at my post #9757 and then read #9766, may give you alittle insight. No large position holders are going to sell, they will be buying.
RNYSZN thanks for your post ..... do you really believe that is going to happen?
If you are an owner of more than 5% of the company stock you have to report that to the SEC. If you are an officer of the company you have to report your buys and sells.
I’m sorry, that strategy would be suicide.
Chandlerborn …. great post ……
” There may or may not be gazillions of barrels of oil associated with any of AOGN's leases, but if they aren't brought to the surface and run through meters to convert those barrels to $$$, all that potential doesn't do much good.”
As we all know, it has been a reported business objective to increase Avalon’s ownership position (which they have done) in the Grace assets. So fundamentally to you think more production from these assets is a good business strategy when you are trying to increase your ownership position?
Avalon is a sleeping Bonanza Opportunity! Folks want to sell their shares cheap let them. A few of us will be around to pick them up.
In the SEC filing and past press releases you will find the “Grace” oil and gas assets, total reserves listed at 90K barrels of oil and 559 MMCF of gas. At $107 a barrel those Grace oil reserves have a value of $9.6 million. These reserves are in three formations, the Hunton Lime, Upper Red Fork and Pure Sands as identified in the SEC filings. Avalon has 860 acres with these Grace assets.
And now the Woodford Shale is coming into play. Draw a line from the sweet spots in this play, starting at the northwest edge to the southeast edge and where is Lincoln County, right in the middle.
Ask yourself, why would Avalon increase it's ownership position in these assets?
Always thanks for the correction! Nice to see you are still out there.
At 40X $.0015 …. $.06 would be the math, not $.60. What was I thinking …..sixty cents would be what 400X and you would need reserve assets of what 1.3M barrels of oil. Maybe it was just a matter of where these assets are located within the Denver- Julesburg Basin or maybe visions of the Lake Washington field that had me thinking $.60 a share. All those layers of formations down there and don’t you just love technology.
In doing your own DD on Avalon and their oil and gas assets, www.rigzone.com might be a place to visit.
Over the last few years Avalon has increased its ownership interest in it’s Oklahoma Grace assets. This has been a reported business objective by Avalon’s management in SEC filing and has been delivered. Some think these assets are gas plays, in doing your DD concerning the Grace assets, there is more value in the oil plays than the gas plays today.
As other company’s like Samson Resources are now pursuing the oil plays in Oklahoma, we may find Avalon following a similar path.
In an article dated March 10, 2012, titled Oil-Drilling Boom Has Firms Going at Full Tilt by Rod Walton, World Staff Writer,| Tulsa World (Oklahoma).
You might find the following interesting.
"In Oklahoma, where we have explored for oil and natural gas for a century, 80 percent of the known crude oil still remains locked underground," said Cody Bannister, a spokesman for the Oklahoma Independent Petroleum Association. "Advancements in oil-field technology allows for the production of those resources." Horizontal drilling for oil is all the rage these days, just as natural gas was several years ago. The difference is that oil now sells for more than $100 per barrel, while natural gas futures have dropped below $3 per thousand cubic feet in many markets.
"We're largely pursuing oil plays at this time," Samson Resources Corp. CEO David Adams told a Wildcatter Wednesday crowd at the Tulsa Country Club on Wednesday. "One hundred percent of our (2012) drilling budget will be in oil and liquids-rich gas."
Samson is not alone. Another formerly heavy natural gas producer, Williams spinoff WPX Energy Inc., also is trying to strengthen its oil portfolio.
Oil and gas assets are money in the bank!
One thing that can be said here; these last couple weeks have been an interesting and entertaining time as I quietly buy more of these cheap shares, at ask, on the drips.
Love all of the talk about breakout chart reversal and bid whackers, trust the indicators, dilution, no dilution, but seriously cjstocksup, retireearly and logical cash you folks have been doing a terrific job as I follow the posts.
Logical cash, one of your post said, ONCE ALL OUT VIRAL ATTACK begins AOGN runs to .004's EASY!!!! I think you might have an insight here few folks have! Just me, but when the stock price hits $.004 we just might have a different ballgame here.
I have been buying this stock for the last year, cost averaging my position. Oil and gas assets are like money in the bank. “Oil is like a wild animal,” oil tycoon J. Paul Getty once said. “Whoever captures it has it.” It doesn’t matter much whether that wild animal is a bull or bear: Investors in Avalon need to look at and understand the value of the assets Avalon owns. These assets are just the baseline in building this company.
Remember the Stockhouse interview? We know about the Western Oklahoma Fossiltek assets, we didn’t know about the Northeastern Colorado oil and gas assets? Avalon management discusses a deal close to closing on the possible purchase of assets in the Denver-Julesburg Basin.
Has anyone done any DD on the Denver-Julesburg Basin? Surprised there hasn’t been more dialog concerning this release. Guess what oil companies are playing in this basin and why? Noble Energy, Chesapeake Energy, Continental Resources, SM Energy, EOG Resources, ConocoPhillips, Samson Oil and Gas, Encana, MDU Resources, Anadarko Petroleum, Devon Energy, Petroleum Development Corp., Whiting Petroleum Corp., Rex Energy, Quiksilver Resources, and Bill Barrett Corp. to name a few.
Why? The Denver-Julesburg (DJ) Basin is a rich deposit of oil and natural gas located in northeast Colorado and extending into Wyoming and Nebraska. For more than 30 years, this area has been one of the country’s most important oil and natural gas producing basins. OK 30 years is a long time!
What’s new? The Niobrara Shale, located in the DJ basin, is a shale rock formation located in Northeast Colorado,Northwest Kansas, Southwest Nebraska and Southeast Wyoming. While development is still in the early stages on the Niobrara play, the results are looking very promising. This exciting oil shale play is being compared to the Bakken Shale which is located in North Dakota.
These assets just might be a game changer for Avalon, maybe a 20X to 40X might be a more realistic return for long term investors. At $.0015 a share 40X would be $.60 a share. It’s just a matter of where these assets are located within the Denver-Julesburg Basin.
Just me, but do your own DD on both the FossilTek and Northeastern Colorado assets, add these to the six properties. What’s the value of Avalon’s oil and gas properties? Oil and gas assets are like money in the bank. The good news is this stock is cheap.
So you think KR is aware of the issues with KROG and a few of their folks, now that is some insight. You know all about the $.04 value. Don’t you know some folks would love to get their hands on those assets.
Amazing is right, how do I spell dirtball, KROG management.
Then a few who have made no disclosures know KR is pure evil. Now as driller has said, pathetic.