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Anybody but me watching the associated activity on WWNG where BIGN is a part owner? If there is an announcement concerning Tubbs then I'd think we'd see it reflected in BIGN too.
Recent price of WWNG: .063.... on the move.
Imperial Whazoo
Thanx allie -
I have talked with Spooz at least twice in the last year, if my being over 50 hasn't begun to cloud my memory (Ho Ha, I hope). Each time I tried to make the EVERYMAN point and each time I felt that I was no more than a squashed bug on their windshield. That is precisely why it enthsued me so to read your post #7397 wherein you quoted someone from Spooz (??), Darryl Dennis, as describing at good length exactly the stock trading scenario that I have envisioned as my EVERYMAN market plan. Again, thanx for the post.
I just hope that Dennis's words are reflective of the current course Spooz is charting. I fully understand the big Big BIG market that commods & futures represent, but I firmly believe in EVERYMAN!!
I think I'll go put in my Jackson Browne CD and crank it up obnoxiously loud! Dance on, Little Feet!. Keep On Chooglin'!! (I'm showing my age). Thought I'd throw that in just to give my comments credance (pun intended).
Imperial Whazoo
Thanx booger -
I was an independent business owner so I'm not exactly the EVERYMAN I described in my rant, but I sold software solutions to him/her for 16 years, so I fundalmentally understand the EVERYMAN market. And I code in VBA in Access databases and have done so since Access 97. I daytrade now and I use AIQ as my platform. I just plain despise their propriatary coding language. I trade thru Ameritrade and am hoping Hoping HOPING they do Spooz and SOON and I will be absolutely FURIOUS with them if the implementation they offer (if and when they implement Spooz) excludes trading stocks in my Excel spreadsheet using Spooz. I trade stocks. I trade stocks. I trade stocks. GET IT, decision makers? STOCKS!!!
I used to call on every bid opportunity for non-big comanies when I sold software for a living. My reasoning was that, if I showed up and had only 3 companies bidding against me, I had a 1 in 3 chance. But on big dollar deals with huge companies asking for software bids, I quickly learned that I regularly had upwards to 25 competing bidders.
Thats my philosophy as regards Spooz. If the biggest dollars are out there in the commodities markets, that is akin to bidding on the big dollar opportunities in my prior business life. If the market is smaller in the stock world but there is a higher likelihood that EVERYMAN is looking for an affordable solution in that arena, then Spooz is ideal, akin to my choosing to bid on smaller deals with fewer competitors... or so is my reasoning. After all, it needs to be pointed out that the very first modern skyscraper in New York City was the Woolworth building. Woolworths was the original "dollar store" and they made their huge fortune selling nickle and dime items to EVERYMAN. To make a product like Spooz the Woolworth of its investment battlefield, it needs to target selling itself to EVERYMAN. Nickle and dime your way to fame and fortune.... thats my plan and thats my argument as regards why Spooz and EVERYMAN trading stocks is the target market, despite what the advertising experts & market share "mind police" say. Pay for a professionally done research project that makes the case for Spooz first and foremost being marketed to futures trades in big time hedge funds and power operators. Then throw that research project in the trash and follow your gut: sell Spooz to EVERYMAN trading stocks!!
Spooz for EVERYMAN trading stocks in their own customized hotrod black box trading system configured and drag-racing to the bank in Excel! Freedom and power to shatter the glass ceiling!
Imperial Whazoo
Allie -
Great post.
I have read and read and read and read post after post after post and FINALLY someone states the case for Spooz as I have always seen it... spooz on stocks.
I know a lot of dyed in the wool ancient followers of spooz (like myself, by the way.... been in spooz since the invention of the cotton ginny, it seems like). Anyway, a lot of us have never been happy, even though we understood all the reasoning, for the single-minded emphasis on futures & commodities via spooz. It was logical. It was reasonable and it made pure unadulterated common sense. Stocks are a backwater in comparison to things like currencies & commodities & futures contracts and eminis and the like.
Well, Betamax was clearly superior to VHS and Apples are much nicer for ordinary uninitiated computer users to use ETCETERA ETCETERA ETCETERA.... and Betamax lost out to VHS and Microsoft swamped and all but sunk the Apple flotilla. The moral or the story? Understand and leverage the tendancies of the ordinary man.... of EVERYMAN!
EVERYMAN is a 50 something engineer or human resources exec or executive secretary or technology worker in a flourescent lighted room with oatmeal colored walls, dense with ergonomic cubicles in a mirrored office building in the heart of suburbia. He or she everyday uses Microsoft Office. Oftentimes, EVERYMAN knows a little bit about VBA, with which he or she scripts customizations to their Microsoft Office spreadsheets and/or Access databases and they navigate the waters of their job description. But new workers cost less and are more computer savvy and we all know this is true because the framed certifications they hang on their walls tell us so. The bean counters rule and downsizing happens and the old buffaloes trudge out to pasture... with little success in finding an equivelent level of employment that leverages their accumulated experience and sklillset.
So, EVERYMAN gets downsized. He or she sets up a home office. He or she tries daytrading. He or she invests in stocks, because thats how EVERYMAN thinks. It is irreleveant that the pros out there know that the real money is not in stocks. It is only relevant that EVERYMAN thinks and acts predictably and EVERYMAN does stocks. You leave TI after 20 years and the next logical step is to start orange juice futures????? I don't think so!
No.... it is a huge change to be on your own a,d EVERYMAN knows his limitations, but he or she has always liked to dabble in the stock market.... so EVERYMAN dips his or her toe in the waters of daytrading and the next thing you know, they are in up to thei kneckline (or, more likely, thaey are in way over their head). So, EVERYMAN noses around the internet looking for tools that can help them with their trading. They come across Tradestation, but using it requires learning a custom language. EVERYMAN finds other platforms, like AIQ, but that also involves a custom language. EVERYMAN is not stupid. EVERYMAN knowsthat time is of the essence and EVERYMAN wants a tools that allows them to leverage the skillset they already possess (VBA). EVERYMAN wants to use what he or she already knows. EVERYMAN wants atool that allows them to build their own customized trading solution using skills they already possess.
The answer is not to force them out of their comfort zone (into futures/commodities etcetera). "Wish I could find a tool that would allow me to leverage my knowledge of VBA and Excel to build my own custom trading solution at an affordable price", mused EVERYMAN....
Surprise of all surprises (or as Gomer Pyle used to say: Shazaam!!) The answer is Spooz!!!!
Spooz on Stocks is the answer!!!!! VHS over Betamax... Microsoft over Apple!!! STOCKS... not commodities/futures/eminies/currencies!!!!! STOCKS STOCKS STOCKS STOCKS STOCKS!!!
Sorry about the rant, but I've never changed my mind about where the real money is for Spooz. I know it is counterintuitive but I've always thought it was Spooz on stocks and not spooz in the "bigger mor lucrative" other markets. Spooz on STOCKS: affordsable.... familiar tools to the ordinary man.... freedom to jack with it, tweaking it like a guy building a car in his garage.... no need to learn proplietary languages and tools.... a familiar look-n-feel in a trading area EVERYMAN readily understands: Spooz & STOCKS.
Having ranted as I now have, everyone can now proceed to rip me limb from limb. But I remain steadfast..... Spooz & stocks for EVERYMAN.... counterintuitive but right on the bullseye, IMHO.
Imperial Whazoo
I'll repost it to try to format better:
I've done a "complete" listing off all the assets of BIGN by
exhaustively picking apart the entire collection of PRs
listed on BIGNs web sight. I did this because I just got
tired of the misinformation that seems to get perpetuated on
the board. So, I just sat down and worked up a list for everybody
to scrutinize. Hope it helps everybody. It sure gives me a better
picture of the current company I've bought so much stock of.
Preleminary notes:
Due to incomplete data, it is unclear what ownership position BIGN
currently holds in properties owned by Tyche. The reasons for this
are that it appears that BIGN has been selling off (or deeding) its
Tyche ownership, but there is no way to ascertain from the press
releases the exact "who what or when" of this selling/deeding.
Here is my working list delineating the changes in Tyche ownership:
PR release 11/01/04 - BIGN buys 50% of "certain assets" of the
company that eventually changed its name to Tyche followed by the
PR release 12/13/05 - BIGN spins off 10% of the 37.5% ownership
it held in Tyche Energy, Inc. Evidently, sometime
between 11/01/04 and 12/13/15, BIGN disposed of
but did not disclose the "sale/transfer/deeding over" of 12.5% of
Tyche because it stated that it owned 50% on 11/01/04 and also
stated that it owned 37.5% on 12/13/05. To bring their current
position down to the 27.5% figure I use below in conjunction with
my references to Tyche, bear in mind that they spun off 10% as
stock to BIGN shareholders. And, I could be wrong in my
conclusions. It might not be 27.5%.
Regarding Hydroslotter, after this full review of all the documents
on BIGN's web page, I do not think that the information that was
posted on the web that the Hydroslotter relationship will run out
after the four wells at Grimes have been done is accurate. Please
refer to the article with the following release date: 2005.01.14.
Further, the most logical reading of the poorly worded PR dated
2006.08.09 seems to indicate that the relationship with Hydro-
slotter is not limited to the current wells being done at Grimes.
Also, please note that I skipped all the references to the acqui-
sition of the East Tesas LOIs due to the circumstances we currently
suffer under: ie... that the deal is simply a work in progress at
this time. In fact, this hilights a particular slant I have taken
here: I treat, to the greatest extent possible, only known deals
and events as truly existing. A reading of the known deals and
events is lengthy, so it is not any kind of a drawback, IMHO, to
have omitted the East Texas LOI deals at this time. If and when
it materializes, it can be added with accuracy.
Finally, please bear in mind that this was really hard to put
together because the PRs BIGN has issued are just a mixed up mess.
All kinds of things change from one PR to the next and no expla-
nation is given. So, I encourage anybody and everybody to edit
this list and correct any mistakes I've made. I am 100% sure of
only one thing, now that I've done this exercise, and that is that
there is a great need for a THOROUGH business report from BIGN.
So, please don't bust my chops if I got some of the details wrong.
Thanx & good reading
Imperial Whazoo
Asset Article(s) on www.bignltd.com
(1)
27.5% of a 10% GORR (gross over- 2004.10.20 - "Acquisition of
riding royalty interest) on oil and gas interest" &
petroleum and natural gas 2004.11.01 - "Oil and gas
produced from a 1,600 acre acquisition completed"
pooled spacing unit on Lake
Erie.
STATUS: Producing 400 BOPD
(2)
27.5% of a second producing well 2004.10.20 - "Acquisition of
that was mentioned but never oil and gas interest" &
described. 2004.11.01 - "Oil and gas
STATUS: Producing but daily acquisition completed"
amount unknown
(3)
27.5% of 65.00% non-operated WI 2004.10.20 - "Acquisition of
before payout and 27.5% of oil and gas interest" &
48.75% WI after payout in the 2004.12.10 - "Biogenerics Ltd
Harwich 1-1-18-IV WCR gas well details acquisition of oil
located in Harwich Township, and gas assets..." &
Kent County, Ontario. 2005.02.15 - "Reports on
STATUS: Producing 465 MCFD (??) completion of well site
preparation" &
2005.11.14 - "Biogenerics
Announces Charring Cross
Natural Gas Project Update" &
2006.03.21 - "Tyche Energy
Inc. Commences Production at
Charring Cross Property"
(4)
27.5% of 3 additional shut-in 2004.10.20 - "Acquisition of
oil and gas wells, mentioned oil and gas interest" &
but never described. 2004.11.01 - "Oil and gas
STATUS:SHUT-IN acquisition completed"
(5)
27.5% of a 50% WI in over 2004.10.20 - "Acquisition of
15,000 acres of producing and oil and gas interest" &
nonproducing crown exploration 2004.11.01 - "Oil and gas
licenses on Lake Erie. acquisition completed"
STATUS:Not producing
(6)
27.5% ownership of over 2,000 2004.10.20 - "Acquisition of
kilometers of seismic data and oil and gas interest" &
extensive aeromagnetic and 2004.11.01 - "Oil and gas
gravity survey data covering acquisition completed"
oil and gas exploration
fairways in Lambton, Kent and
Essex Counties, Ontario
STATUS: N/A
(7)
Formed a joint venture with 2005.01.14 - "Biogenerics
privately-held, Toronto-based forms joint venture"
Hydro Slotter Corporation
wherein Biogenerics receives
50% of the profits derived
from utilizing the company's
hydroslotting technology.
STATUS: N/A
(8)
18.33% ownership in unspecified 2005.02.15 - "Reports on
WI in the the Mosa 6-13-III gas completion of well site
well located in the Silurian preparation" &
Grimsby sand stone formation in 2005.03.29 - "JV partner
southwestern Ontario. Tyche Energy forms
NOTE: Completion was pending agreement with
for this well & it was announced Torque Energy Inc." &
that it was to be hydroslotted, 2005.04.08 - "JV Partner
but there was no final report. Tyche Energy completes
Also, 1/3 of the 27.5% was given second agreement" &
to Torque Energy to for explor- 2005.07.19 - "Biogenerics
ation & development, so the WI JV Partner Tyche Energy
is reduced to 18.33% Reports on Completion
STATUS: Unknown Operations at Well No. 1
in Mosa Township and
Commencement of Hydro
Slotting Process"
(9)
Unspecified "wholly-owned subsid- 2005.02.15 - "Reports on
iaries", info on which was completion of well site
promised but never released. preparation"
STATUS: Unknown
(10)
27.5% ownership in over 4000 2005.03.04 - "Commencement
acres of petroleum and natural of drilling operations"
gas leases within the fairway on
the expanding Silurian Grimsby
sandstone gas play in south-
western Ontario.
STATUS: Unknown
(11)
80% WI until cost recovered, 2005.07.26 - "Biogenerics
then 40% WI thereafter Strategic Partner Hydro-
(Grimes #1??) Slotter Corporation
STATUS: 14,400 MCFD Completes California Well
to Meter Site" &
2005.10.11 - "Biogenerics
Announces Update on
Hydroslotter"
(12)
Agreements on four additional 2005.08.23 - "Biogenerics
gas wells in California Signs Agreement to Tap
NOTE: Reports that this is Four Additional Gas Wells
evidence that the relationship in California" &
between Hydroslotter & BIGN 2005.01.14 - "Biogenerics
expires after Grimes are not forms joint venture"
true. A careful reading of
this agreement reveals that
BIGN has agreed to employ
Hydroslotter technology; this
is not an agreement signed
between Hydroslotter & BIGN.
STATUS: Grimes #2 completed
Grimes #3 & #4 in progress
Grimes #5 uncertain
(13)
27.5% of 1.95% GORI (gross 2005.09.19 - "Biogenerics
overriding royalty interest) Completes Acquisition of
in the Talisman Romney Rubicon Petroleum" &
8-194-TRS horizontal oil well, 2004.11.01 - "Oil and gas
the longest horizontal well acquisition completed"
drilled in North America to
date.
STATUS: 400 BOPD
(14)
27.5% interest in over 5,996 2005.09.19 - "Biogenerics
gross acres of non-producing Completes Acquisition of
interests/exploration licenses Rubicon Petroleum" &
on Lake Erie, thru the purchase 2004.11.01 - "Oil and gas
of the petroleum and natural acquisition completed" &
gas assets of Rubicon Petroleum. 2005.12.01 - "Biogenerics'
Tyche now holds a 50 percent WI JV Partner Tyche Energy
in 2,560 acres of exploration Adds State-of-the-Art
licenses immediately offsetting 'N2Vision' Seismic Data
the Romney 8-194-TRS well, and Technology to Lake
BIGN owns 27.5% of this 50%. Erie, Ontario Oil Field
STATUS: Undeveloped Project"
(15)
Biogenerics has financing 2005.10.18 - "Biogenerics
agreement with an institutional Announces Financing Plan
investor (Royal Petroleum) in for the Hydroslotter
place for hydroslotting at 8.5% Roll Out" &
interest as needed and secured 2005.10.20 - "Biogenerics
by current production. Limited Prepares for Dual
NOTE: This agreement was SECURED Listing in UK & Reiterates
by existing production!!! Impact of Recently Announ-
STATUS: Unclear ced Royal Petroleum Finan-
cing Commitment"
(16)
Memorandum of Agreement with 2005.12.01 - "Biogenerics'
Productive Geoscience pursuant JV Partner Tyche Energy
to which they will apply the Adds State-of-the-Art
they will apply its proprietary 'N2Vision' Seismic Data
N2Vision seismic interpretation and Technology to Lake
technology to evaluate the Erie, Ontario Oil Field
petroleum and natural gas Project"
potential of selected offshore
Lake Erie lands in which Tyche
owns an interest.
STATUS: In Process??
(17)
27.5% in an unspcified ORI 2005.12.01 - "Biogenerics'
(overriding royalty interest) JV Partner Tyche Energy
that Tyche owns in 1,260 acres Adds State-of-the-Art
of producing offshore Lake Erie 'N2Vision' Seismic Data
lands located in Romney Technology to Lake
Township, Kent County, Ontario. Ontario Oil Field
STATUS: Unknown Project"
(18)
27.5% interest in the 19,000 2005.12.01 - "Biogenerics'
plus acres of exploration lands JV Partner Tyche Energy
in Ontario and Northeast, BC. Adds State-of-the-Art
to which Tyche currently holds 'N2Vision' Seismic Data
varying working interests. Technology to Lake
STATUS: Undeveloped Ontario Oil Field
Project"
(19)
BIGN announces it owns 37.5% 2005.12.13 - "Biogenerics
of Tyche & that it will spin Provides Business Summary
off 10% to current share- of Tyche Energy Spin-Off"
holders, leaving 27.5% owner-
ship position in Tyche.
STATUS: Completed
(20)
Biogenerics Limited signs a 2006.02.27 - "Biogenerics
LOI with Productive Geoscience Limited: Independent Con-
and Tyche Energy whereby PG tractor Retained to Pro-
and Tyche will provide vide Geological, Geophy-
geological, geophysical and sical and Management
management expertise to Expertise"
explore and develop petroleum
and natural gas projects in
Canada and the United States
for between 3 and 10 years.
STATUS: In Effect
(21)
Ophelia 1 comes online, Grimes 2006.05.18 "Biogenerics
property, California; BIGN Limited Announces 2nd
ownership interest unspecified. Grimes Well is Online"
STATUS: 1,450 MCFD
(22)
BIGN investst in N-C02 gas 2006-07-20 - "Biogenerics
injection production stimula- Limited Comes to Agree-
tion technology agreement; ment with N-C02 Technology
details of agreement Company"
unspecified.
STATUS: In Effect
(23)
BIGN is listed on the Frankfurt 2006.08.02 - "Biogenerics
Exchange in Frankfurt, Germany. Limited Listed on
The symbol assigned to the Frankfurt Stock Exchange"
Company is as follows:
D9G ISIN: US09063F1012
WKN: A0HG80.
STATUS: Done
(24)
Hydroslotter Corp. reports that 2006.08.09 - "Biogenerics
the drilling and rigging equip- Provides Update on Hydro-
ment is currently working on slotting Progress in
wells No. 3 and No. 4 and that Grimes California Site"
the Hydroslotting process to
complete well No. 3 is in
progress. Upon completion of
well No. 3, the crew will
proceed immediately to well
No. 4 and initial results from
the wells are expected in
approximately 2 weeks.
Regarding additional wells to
be slotted, Biogenerics will
evaluate its position to
continue on with other wells
located nearby.
STATUS: Still waiting
(25)
BIGN and WW Oil & Gas Inc sign 2006.09,19 - "Biogenerics
LOI to share a 50% interest in Partner WW Oil & Gas In
properties located in Ward Process of Acquiring Oil
County & in Borden County and Gas Assets From East
Texas. WW Oil & Gas Inc. has Texas Oil Properties"
committed to commence work on a
first well for re-completion in
early September. The Ward
County property includes
multiple wells for recompletion.
STATUS: Pending
I've done a "complete" listing off all the assets of BIGN by
exhaustively picking apart the entire collection of PRs
listed on BIGNs web sight. I did this because I just got
tired of the misinformation that seems to get perpetuated on
the board. So, I just sat down and worked up a list for everybody
to scrutinize. Hope it helps everybody. It sure gives me a better
picture of the current company I've bought so much stock of.
Preleminary notes:
Due to incomplete data, it is unclear what ownership position BIGN
currently holds in properties owned by Tyche. The reasons for this
are that it appears that BIGN has been selling off (or deeding) its
Tyche ownership, but there is no way to ascertain from the press
releases the exact "who what or when" of this selling/deeding.
Here is my working list delineating the changes in Tyche ownership:
PR release 11/01/04 - BIGN buys 50% of "certain assets" of the
company that eventually changed its name to Tyche followed by the
PR release 12/13/05 - BIGN spins off 10% of the 37.5% ownership
it held in Tyche Energy, Inc. Evidently, sometime
between 11/01/04 and 12/13/15, BIGN disposed of
but did not disclose the "sale/transfer/deeding over" of 12.5% of
Tyche because it stated that it owned 50% on 11/01/04 and also
stated that it owned 37.5% on 12/13/05. To bring their current
position down to the 27.5% figure I use below in conjunction with
my references to Tyche, bear in mind that they spun off 10% as
stock to BIGN shareholders. And, I could be wrong in my
conclusions. It might not be 27.5%.
Regarding Hydroslotter, after this full review of all the documents
on BIGN's web page, I do not think that the information that was
posted on the web that the Hydroslotter relationship will run out
after the four wells at Grimes have been done is accurate. Please
refer to the article with the following release date: 2005.01.14.
Further, the most logical reading of the poorly worded PR dated
2006.08.09 seems to indicate that the relationship with Hydro-
slotter is not limited to the current wells being done at Grimes.
Also, please note that I skipped all the references to the acqui-
sition of the East Tesas LOIs due to the circumstances we currently
suffer under: ie... that the deal is simply a work in progress at
this time. In fact, this hilights a particular slant I have taken
here: I treat, to the greatest extent possible, only known deals
and events as truly existing. A reading of the known deals and
events is lengthy, so it is not any kind of a drawback, IMHO, to
have omitted the East Texas LOI deals at this time. If and when
it materializes, it can be added with accuracy.
Finally, please bear in mind that this was really hard to put
together because the PRs BIGN has issued are just a mixed up mess.
All kinds of things change from one PR to the next and no expla-
nation is given. So, I encourage anybody and everybody to edit
this list and correct any mistakes I've made. I am 100% sure of
only one thing, now that I've done this exercise, and that is that
there is a great need for a THOROUGH business report from BIGN.
So, please don't bust my chops if I got some of the details wrong.
Thanx & good reading
Imperial Whazoo
Asset Article(s) on www.bignltd.com
(1)
27.5% of a 10% GORR (gross over- 2004.10.20 - "Acquisition of
riding royalty interest) on oil and gas interest" &
petroleum and natural gas 2004.11.01 - "Oil and gas
produced from a 1,600 acre acquisition completed"
pooled spacing unit on Lake
Erie.
STATUS: Producing 400 BOPD
(2)
27.5% of a second producing well 2004.10.20 - "Acquisition of
that was mentioned but never oil and gas interest" &
described. 2004.11.01 - "Oil and gas
STATUS: Producing but daily acquisition completed"
amount unknown
(3)
27.5% of 65.00% non-operated WI 2004.10.20 - "Acquisition of
before payout and 27.5% of oil and gas interest" &
48.75% WI after payout in the 2004.12.10 - "Biogenerics Ltd
Harwich 1-1-18-IV WCR gas well details acquisition of oil
located in Harwich Township, and gas assets..." &
Kent County, Ontario. 2005.02.15 - "Reports on
STATUS: Producing 465 MCFD (??) completion of well site
preparation" &
2005.11.14 - "Biogenerics
Announces Charring Cross
Natural Gas Project Update" &
2006.03.21 - "Tyche Energy
Inc. Commences Production at
Charring Cross Property"
(4)
27.5% of 3 additional shut-in 2004.10.20 - "Acquisition of
oil and gas wells, mentioned oil and gas interest" &
but never described. 2004.11.01 - "Oil and gas
STATUS: SHUT-IN acquisition completed"
(5)
27.5% of a 50% WI in over 2004.10.20 - "Acquisition of
15,000 acres of producing and oil and gas interest" &
nonproducing crown exploration 2004.11.01 - "Oil and gas
licenses on Lake Erie. acquisition completed"
STATUS: Not producing
(6)
27.5% ownership of over 2,000 2004.10.20 - "Acquisition of
kilometers of seismic data and oil and gas interest" &
extensive aeromagnetic and 2004.11.01 - "Oil and gas
gravity survey data covering acquisition completed"
oil and gas exploration
fairways in Lambton, Kent and
Essex Counties, Ontario
STATUS: N/A
(7)
Formed a joint venture with 2005.01.14 - "Biogenerics
privately-held, Toronto-based forms joint venture"
Hydro Slotter Corporation
wherein Biogenerics receives
50% of the profits derived
from utilizing the company's
hydroslotting technology.
STATUS: N/A
(8)
18.33% ownership in unspecified 2005.02.15 - "Reports on
WI in the the Mosa 6-13-III gas completion of well site
well located in the Silurian preparation" &
Grimsby sand stone formation in 2005.03.29 - "JV partner
southwestern Ontario. Tyche Energy forms
NOTE: Completion was pending agreement with
for this well & it was announced Torque Energy Inc." &
that it was to be hydroslotted, 2005.04.08 - "JV Partner
but there was no final report. Tyche Energy completes
Also, 1/3 of the 27.5% was given second agreement" &
to Torque Energy to for explor- 2005.07.19 - "Biogenerics
ation & development, so the WI JV Partner Tyche Energy
is reduced to 18.33% Reports on Completion
STATUS: Unknown Operations at Well No. 1
in Mosa Township and
Commencement of Hydro
Slotting Process"
(9)
Unspecified "wholly-owned subsid- 2005.02.15 - "Reports on
iaries", info on which was completion of well site
promised but never released. preparation"
STATUS: Unknown
(10)
27.5% ownership in over 4000 2005.03.04 - "Commencement
acres of petroleum and natural of drilling operations"
gas leases within the fairway on
the expanding Silurian Grimsby
sandstone gas play in south-
western Ontario.
STATUS: Unknown
(11)
80% WI until cost recovered, 2005.07.26 - "Biogenerics
then 40% WI thereafter Strategic Partner Hydro-
(Grimes #1??) Slotter Corporation
STATUS: 14,400 MCFD Completes California Well
to Meter Site" &
2005.10.11 - "Biogenerics
Announces Update on
Hydroslotter"
(12)
Agreements on four additional 2005.08.23 - "Biogenerics
gas wells in California Signs Agreement to Tap
NOTE: Reports that this is Four Additional Gas Wells
evidence that the relationship in California" &
between Hydroslotter & BIGN 2005.01.14 - "Biogenerics
expires after Grimes are not forms joint venture"
true. A careful reading of
this agreement reveals that
BIGN has agreed to employ
Hydroslotter technology; this
is not an agreement signed
between Hydroslotter & BIGN.
STATUS: Grimes #2 completed
Grimes #3 & #4 in progress
Grimes #5 uncertain
(13)
27.5% of 1.95% GORI (gross 2005.09.19 - "Biogenerics
overriding royalty interest) Completes Acquisition of
in the Talisman Romney Rubicon Petroleum" &
8-194-TRS horizontal oil well, 2004.11.01 - "Oil and gas
the longest horizontal well acquisition completed"
drilled in North America to
date.
STATUS: 400 BOPD
(14)
27.5% interest in over 5,996 2005.09.19 - "Biogenerics
gross acres of non-producing Completes Acquisition of
interests/exploration licenses Rubicon Petroleum" &
on Lake Erie, thru the purchase 2004.11.01 - "Oil and gas
of the petroleum and natural acquisition completed" &
gas assets of Rubicon Petroleum. 2005.12.01 - "Biogenerics'
Tyche now holds a 50 percent WI JV Partner Tyche Energy
in 2,560 acres of exploration Adds State-of-the-Art
licenses immediately offsetting 'N2Vision' Seismic Data
the Romney 8-194-TRS well, and Technology to Lake
BIGN owns 27.5% of this 50%. Erie, Ontario Oil Field
STATUS: Undeveloped Project"
(15)
Biogenerics has financing 2005.10.18 - "Biogenerics
agreement with an institutional Announces Financing Plan
investor (Royal Petroleum) in for the Hydroslotter
place for hydroslotting at 8.5% Roll Out" &
interest as needed and secured 2005.10.20 - "Biogenerics
by current production. Limited Prepares for Dual
NOTE: This agreement was SECURED Listing in UK & Reiterates
by existing production!!! Impact of Recently Announ-
STATUS: Unclear ced Royal Petroleum Finan-
cing Commitment"
(16)
Memorandum of Agreement with 2005.12.01 - "Biogenerics'
Productive Geoscience pursuant JV Partner Tyche Energy
to which they will apply the Adds State-of-the-Art
they will apply its proprietary 'N2Vision' Seismic Data
N2Vision seismic interpretation and Technology to Lake
technology to evaluate the Erie, Ontario Oil Field
petroleum and natural gas Project"
potential of selected offshore
Lake Erie lands in which Tyche
owns an interest.
STATUS: In Process??
(17)
27.5% in an unspcified ORI 2005.12.01 - "Biogenerics'
(overriding royalty interest) JV Partner Tyche Energy
that Tyche owns in 1,260 acres Adds State-of-the-Art
of producing offshore Lake Erie 'N2Vision' Seismic Data
lands located in Romney Technology to Lake
Township, Kent County, Ontario. Ontario Oil Field
STATUS: Unknown Project"
(18)
27.5% interest in the 19,000 2005.12.01 - "Biogenerics'
plus acres of exploration lands JV Partner Tyche Energy
in Ontario and Northeast, BC. Adds State-of-the-Art
to which Tyche currently holds 'N2Vision' Seismic Data
varying working interests. Technology to Lake
STATUS: Undeveloped Ontario Oil Field
Project"
(19)
BIGN announces it owns 37.5% 2005.12.13 - "Biogenerics
of Tyche & that it will spin Provides Business Summary
off 10% to current share- of Tyche Energy Spin-Off"
holders, leaving 27.5% owner-
ship position in Tyche.
STATUS: Completed
(20)
Biogenerics Limited signs a 2006.02.27 - "Biogenerics
LOI with Productive Geoscience Limited: Independent Con-
and Tyche Energy whereby PG tractor Retained to Pro-
and Tyche will provide vide Geological, Geophy-
geological, geophysical and sical and Management
management expertise to Expertise"
explore and develop petroleum
and natural gas projects in
Canada and the United States
for between 3 and 10 years.
STATUS: In Effect
(21)
Ophelia 1 comes online, Grimes 2006.05.18 "Biogenerics
property, California; BIGN Limited Announces 2nd
ownership interest unspecified. Grimes Well is Online"
STATUS: 1,450 MCFD
(22)
BIGN investst in N-C02 gas 2006-07-20 - "Biogenerics
injection production stimula- Limited Comes to Agree-
tion technology agreement; ment with N-C02 Technology
details of agreement Company"
unspecified.
STATUS: In Effect
(23)
BIGN is listed on the Frankfurt 2006.08.02 - "Biogenerics
Exchange in Frankfurt, Germany. Limited Listed on
The symbol assigned to the Frankfurt Stock Exchange"
Company is as follows:
D9G ISIN: US09063F1012
WKN: A0HG80.
STATUS: Done
(24)
Hydroslotter Corp. reports that 2006.08.09 - "Biogenerics
the drilling and rigging equip- Provides Update on Hydro-
ment is currently working on slotting Progress in
wells No. 3 and No. 4 and that Grimes California Site"
the Hydroslotting process to
complete well No. 3 is in
progress. Upon completion of
well No. 3, the crew will
proceed immediately to well
No. 4 and initial results from
the wells are expected in
approximately 2 weeks.
Regarding additional wells to
be slotted, Biogenerics will
evaluate its position to
continue on with other wells
located nearby.
STATUS: Still waiting
(25)
BIGN and WW Oil & Gas Inc sign 2006.09,19 - "Biogenerics
LOI to share a 50% interest in Partner WW Oil & Gas In
properties located in Ward Process of Acquiring Oil
County & in Borden County and Gas Assets From East
Texas. WW Oil & Gas Inc. has Texas Oil Properties"
committed to commence work on a
first well for re-completion in
early September. The Ward
County property includes
multiple wells for recompletion.
STATUS: Pending
yeah - I read everything I could find on it and got frightened off by the really adversarial letter they sent to TD Ameritrade. I have no experience judging the meaning of the set of events I read up on so I, frankly, hesitated.... and, as we all know, he who hesitates is lost.
FYI: check out www.buyins.net for daily access to short opportunities. Really cool site.
Imperial Whazoo
They were a short squeeze and I was watching them but timed it wrong & missed it entirely.
Imperial Whazoo
Hey tyler -
What a riot... they said "they did elude to this quarter"...
Slip of the tongue by them, don't you think?
Imperial Whazoo
Thanx for that, folks -
I thought the former post was getting long, so I held off on something else that might be interesting to others out there.
If I'm right about the committee being the decision maker, then you can be fairly certain that the meeting to decide has already been held. After all, today is Thursday, the 27th.
Also, the drilling at Grimes was already authorized so, assuming that the two wells (#3 & #4) are likely to be successful, good news could be in the form of nice reports on them. Look for a PR on at least #3 soon. Also, look for a PR on the drilling (not slotting) on the WWNG LOI soon too.
Also, what I wonder, in that they have spun off Tyche & rented hoity-toity executive suite space at the Crescent Court here in Dallas and opened a reasonably priced office in Tyler (east of Dallas, in the heart of the old East Texas oil patch, close to all kinds of energy support infrastructure) is whether it stands to reason to conclude, to murder Shakespeare's Hamlet "they are in blood stepped in so deep that to turn back now is as bad as to go on", by which I mean that it is unlikely that they will NOT fund the LOI. They are in it up to their arm pits and they will make the deal, one way or another.
They had an enormous opportunity in the last two weeks to nudge the sellers, if perchance the sellers have gotten cold feet. This was because, if the LOI formula (which is not public, so I'm speculating here) presumed price projections built when prices were at their highest (July), the seller might have felt it timely to close the deal to lock in that price formula. This presumes the seller would be having cold feet, which, again, is a theory one might put forward as an explanation of why the deal is so delayed.
On the other hand, if the committe is the one with cold feet, it could be linked to the recent down turn in the oil & gas and in the precious metals market. Venture capitalists and hedge funds are kissing cousins and the accelerated decline we all saw in these two markets over the last weeks was evidence that, once a major player had to sell its portfolio at bargain prices to cover its losses (6 billion out of 9 billion, if we are to believe the reports), every other major and minor player quickly joined in in a knee jerk fashion, thereby accounting for the broad-spectrum swoon we saw. The good thing is that stocks like OXY, HL, and VLO held their ground and have declared their bottoms, as it were. Now they are climbing back up.
The unknown thing is whether our particular set of cuddly venture capitalists were financially damaged by the recent downturn AND whether their ability to fund the future plans at BIGN remain intact, unaffected by recent events. We have no way of knowing ahead of time, but it occurs to me that the decision to proceed with this LOI may have been affected by the recent declines. It may not have been, and the already funded work at Grimes certainly was not. But, it may have been, too. It simply crossed my mind and I thought it bore mentioning.
Enough on that. Lots of speculation & general spinning out of control by me, I know. But this board is not just a place to lob grenades... it is a place to float trial balloons. Pop my balloons or add others of your own... whatever floats your boats. Just thought it might be stimulative to speak of what I was thinking.
Thanx again,
Imperial Whazoo
I know this sounds ridiculous but I side with both side of the earlier comments:
1.) I agree we should all show a bit more character and quit whimpering & quivering like babies because it really was our decision to buy into this "lottery ticket".
2.) I agree we ought to be mad to the very marrow of our bones over the length, depth, & scope of the apparent lies that were early on told regarding the plans for 2006.
-------
Now, let me give my own unique position & viewpoint. After all, its still early in the AM and I haven't experienced the total joy of being insulted and vulgarly assaulted by total strangers as of yet today... so here's some raw meat for all you hungry, angry, cowardly lions... go to it guys, rip me limb from limb!!
I think it should be remembered that:
A.) the Toronto investors who are behind this company are VENTURE CAPITALISTS. Lancaster is their current mouthpiece but he is not the power.
B.) these VENTURE CAPITALISTS obviously are not oil men. The obvious fact is that they stumbled into this oil patch deal while their intentions were to be VENTURE CAPITALISTS in the biotech field... hence the name of the company. Biogenerics... Duh!!
C.) Being a southerner, a Texan, and a 50ish businessman whose family is now in its third generation in the oil business in Texas, (and yes, we have producing property in East Texas), I can tell you that most yankees can be expected to have thinly veiled contempt for oil men. Hence, I have watched in a somewhat bemused fashion as these Toronto folks time and time again showed that they have not got a clue as regards the day to day details of being in the oil business.
D.) Point C [above] having been said, I think these guys do not trust their hired guns (oil men like Lancaster) and they will not permit them to make decisions. Everything has to go back to Toronto and a committee has to be assembled and votes have to be taken.... and the question up there inevitably is not whether the East Texas LOI should be on a fast track. The decision is certainly one of whether BIGN, when balanced against whatever else they have their money wrapped up in, should be their first priority. I think the decisions are being made in Toronto and not in East Texas. This is bass-ackwards, to be blunt. The fingerprints of this fundalmental decision-making mistake are everywhere & obvious: in the delays themselves, in the vapid idiocy of the naive projections of 10 or more slotted wells a month, in the lack of understanding of the obvious things like tying down via contract future access to drilling equipment... and so on. As they say in my family business (and I regularly talk to the senior petroleum engineer in our family business about BIGN), these Toronto guys know so little about the oil business and they have so little respect for "us Texas bumpkins" who are out in the field actually doing the oil business that, to quote: "they couldn't find their ass with both hands." As he (our senior PE) often says of stupid people: "Hell, he don't have no brains... his neck just haired up and grew over."
E.) and heres the odd thing, since I sound like I overly critical.... I'm still heavily in BIGN. My focus is on the slotting and the LOI for the East Texas deal is merely a means to an end. Grimes and any other field that is slotable is the detail that made me raise my eyebrows originally. When Schlumberge started out years ago, the "technology" that differentiated them was a downhole tool that enabled them to measure the difference between the electrical conductivity of oil and water. They could tell an oil man whether he'd struck oil or water. Hydroslotting is such a technology today. IMHO, if BIGN fails to maintain a close... no, intimate... ralationship with Hydroslotter, they have nothing to differentiate themselves from a thousand other little oil companies out there. But, all that having been said, I'm still 100% in. In fact, I've been a steady buyer in the last two weeks.
Anyway... now I've given you guys something to rip apart. Go to it now. Attack me. After all, thats what all the bullies on this board historically do every time anyone does something other than simply parrot what has already been too many times repeated.
Imperial Whazoo
Curious big block trades -
My screen shows the following:
400000 @ .011 14:43 (**)
830000 @ .011 14:45 (**)
822 @ .013-.014 14.46
1500000 @ .011 14:52 (**)
500000 @ .011 14:53 (**)
822 @ .013-.014 14.55
My info shows the large transactions (marked as ** above) were at bid, not ask. Am I wrong? Can somebody give the detail? Mine is not detailed... only summary. I think it is mighty important whether these ticked at bid or ask. Can anybody post the detail please?
Also... isn't it curious that 822 followed in both cases? Does anybody know whether we are looking at evidence of coded messages sent between MMs? I've heard the rumors of this but I always tended to doubt it, but I can't but wonder because of the definate similarity... two 822 transactions immediately upon the move of the huge volume transactions.
"Curiouser & curiouser", said Alice to the Mad Hatter.
Imperial Whazoo
Thanx Poker, please let me restate it & see if I've got it. My degree is in history, so I'm admitting all the time of the depth of my understanding "deficit".
What you are saying is that, a firm (MM) can be seeing that they are on the wrong side of the trend of a stock (in this case, they are short when it no longer looks like that is the place to be). So, whenever they get an opportunity to fill at a low price (ie, by mirroring a trade), they do so, thus progressively alleviating thier disadvantageous position. Right?
So, I am in another pinkie that has lots of mirroring going on (BIGN). They are awaiting big news and the stock is adrift, waiting. Anyway, it is your position that in both stocks, if there is a lot of mirroring going on instantaneously upon a trade by an outsider such a me, then I should ALWAYS see this a a positive for the stock.
Here's my question: can there be any explanation where this is NOT good news? Your explanation of the short case makes sense, as does the explanation of the "big buy accumulation" case. I just want to be sure of every possibility. I can't see any other way than to see it as optimistic but I'd love to hear someone offer up an alternative view, if one is out there.
Again, good thoughts & thanx.
Imperial Whazoo
Hey Poker -
I'm a little slow I guess. What do you mean by observing that the MMs are desparate to cover? This is not a bash, by the way. I'm honestly in need of enlightenment.
Imperial Whazoo
800K at 11:22 AM @ .016 then a few moments ago, all of 600 shares at .015,thru .0157 and then at .018. For heavens sake.
Imperial Whazoo
Whoops... 50K at 12:34 PM @ .018. Now thats more like it.
shermann -
An optamistic idea, maybe, is that oil will recover over the next weeks. I don't think there is any way gold or oil will stay down. This is good timing if BIGN comes out with good news on Grimes and/or good news on E. Texas. A thrust in the price of oil at the precise time of a great PR release (or releases)... good for BIGN, I'd think.
Also, for all we know, the price BIGN is giving in their LOI offer is probably built using the prices that were higher a couple of weeks ago. So, the seller may be stimulated to act quickly to lock in an offer that includes oil price projections that were formulated during the weeks that oil was at its highest point. Maybe I'm just grasping at straws, but maybe not.
Imperial Whazoo
Whats a rog, shermann? Did you mean rig? I presume you did, but I also always assume there is something I don't know and thus, maybe rog is a term I'm unfamiliar with.
Imperial Whazoo
Yep-
I think we should all band together to ban the bullies on this, and any board.
Imperial Whazoo
You should apologize for trying to stop people from talking about subjects clearly appropriate. Talking about and criticizing BIGN is appropriate. Trying to stop people from free and open discussion of related topics is inappropriate. WWNG is related. tyler was corrected by you, as though you are someone awith the right to do so, for bringing up WWNG. You should not do that to anyone and I think you owe him/her an apology.
Its not inappropriate to criticize BIGN. It is inapproprite to try to quiet tyler, or anyone else, who wants to talk about WWNG on this board. Thats what you did and you should not have done so. Thats what I'm aimed at here, not the entirely appropriate criticism of BIGN. As a matter of fact, you'd be insane to NOT be critical of BIGN at this point.
Do as you wish as regards tyler. I fail to see what is so difficult about agreeing that you overstepped, but thats your business.
Thats the last I'm going to say on the matter. I think it is clear. End of subject.
Imperial Whazoo
Hey eatmenasdaq -
I think you owe tyler an apology for reprimanding him as though his comments about WWGN were inappropriate because this board is about BIGN. Recall the following press release:
http://biz.yahoo.com/pz/060831/104622.html
"Biogenerics Partner WW Oil & Gas In Process of Acquiring Oil and Gas Assets From East Texas Oil Properties
August 23, 2006
TYLER, Texas, Aug 23, 2006 (PRIMEZONE via COMTEX News Network) --
Biogenerics Limited (Pink Sheets:BIGN) announced that WW Oil & Gas Inc. has signed a letter of intent and forwarded a initial deposit to acquire the oil and gas lease rights to properties located in East Texas. Biogenerics Limited shares a 50% interest with WW Oil & Gas Inc.
The LOI, which was initiated in early August 2006, calls for the acquisition of the Tubb Lease Oil and Gas Project, located in the Crawar Field in Ward County, Texas. WW Oil & Gas has since added two additional oil production properties to be included in the LOI agreement. The properties are located in the Gray Gulch field in Borden County, Texas.
The Crawar Field has historically been a prolific producer of oil and gas. Nearby leases are owned by Chevron and Amoco among others. In particular, in October of 2000 Chevron re-completed a well 1,200 feet from the location of the first planned re-completion well. The Chevron re-completion well is still currently producing at approximately 28,000 mcfd of gas per month. The same geological structure and pay zones as found in the Chevron re-completion well exist in several areas of the Tubb lease, including multiple wells for re-completion and grass-roots wells. At $70 per barrel of oil and $7 per mcfd of natural gas, estimated reserves of the Tubb Lease Oil and Gas Project exceed $60 million on a total mineral reserves cash basis.
The first recently included property, "Kloh #9," produced 312.6 BBLS of oil per day with 261 mcf natural gas per day in past production testing. The second property, the "Gray" has previous production tests showing 220 bbls of oil per day with 57.7 mcf natural gas per day. With 240 acres and multiple pay zones, WW Oil & Gas is planning to maximize these properties to their full potential.
Biogenerics partner WW Oil & Gas Inc. has committed to commence work on a first well for re-completion in early September. It is likely that the initial work over of the well will produce up to 1400-1600 bbls of oil per month.
Website: http:/www.bignltd.com"
As anyone with even a rudimentary grasp of the English language can see, to comment about WWNG on this board is entirely appropriate.
Be a tad less critical, a tad more civil... We are all equals on this board and you have no right to attack tyler or anyone else especially when they are neither offensive nor insulting in any way.
Tone down the cheap shot correcting, eatme. Tyler was (and is)entirely correct in talking about WWGN on this board, judging by the above PR from BIGN's own website and dated August 22.
GLTY etc..
Imperial Whazoo
100% agree. An absolute must. Take it off. Horrible "Board Persona". Absolutely horrid!!!
ImperialWhazoo
Oh- didn't know jk was that, My bad, too.
Imperial Whazoo
No, as I ALREADY admitted voluntarily, (post 1069), this is the KING board.
Perhaps you should take your own advice.
Do try to be civil. It helps. We all make mistakes. I'm self-regulating, voluntary in my self criticism. Try doing the same.
Imperial Whazoo
OOps -
got confused. Thought I was still looking at the Spooz board. Now, that makes everything I just spewed... well, exactly that... spew from the confused.
Sorry for the garbage post. Watching too many boards and got confused
Imperial Whazoo
Thanx
I'll study that.
Here's my thought, though. If you recall, didn't Strickland register an inside trade at or about Sept 1 (m/l 3 weeks ago) for almost exactly that size of a position and couldn't this 3 week trade pattern be that position being traded out? Just a coincidence that the positions are near each other in size or is it meaningful?
Secondly, if a short position really is being unwound, doesn't this indicate that the short seller is anticipating a distinct upmove and is resolving his short position lest he be in an even more unfavorable position when the stock takes off? Thus... good news and a strong indicator that serves as an avisory, as it were, to acquire hastily more Spooz shares?
Also, whose level 2 do you use? I use Reuters and it doesn't satisfy.
Imperial Whazoo
tchauncy -
I'm not in the know as regards your terms. Please educate me, if you don't mind.
What is "the .075 was lifted out"?
What is "chocking"?
What is "ponding the bid at .074"?
Why does this body of evidence tell you MAXM did not have a real seller?
If he did not have a real seller, what kind of seller was he?
I've been trading a few years but always as an outsider. Sounds like you are quite knowledgable. If you don't mind, could you explain so I can get a glance behind the curtain where the wizard of Oz operates his machine?
Thanx in advance.
Imperial Whazoo
I tried to paint... repeatedly. 150K, then 25K, then 35K at 18. No dice. No shares.
Imperial Whazoo
Thanx 4 the PM, starboy.
Imperial Whazoo
Hey shermann7 -
That could legitimately be said of every post on this (and any other) board.
Also, a suggested "good read" for management at BIGN:
"Full Frontal PR: Building Buzz About Your Business, Your Product, or You"
Author: Richard Laermer
ISBN: 1576601811
Price: $10.85
Link: http://www.amazon.com/Full-Frontal-PR-Building-Business/dp/1576601811/sr=1-1/qid=1158863582/ref=pd_b...
GLTY, Imperial Whazoo
Good point bartman2005.
Imperial Whazoo
starboy -
OT: I used to use tradingday.com regularly (most pre-market days, as a matter of fact) because they used to give a REALLY REALLY EXCELLENT "Pre-market/Post-Market gainers/loosers" list every day. What I used to do was go to it every morning to get an exhaustive sorted list of pre/post market movers.
Anyway, I quit looking at them when the prices changed to non-free INET ECN quotes. What happened is that the site quit providing the pre/post market list entirely because INET started charging for the data. So, because the list disappeared, I dropped them from my "Visit These Sites Daily" routine.
What I want to say is thank you and Jagman for reacquainting me with the site because I had never realized that it served as a kind of focal point for DD. Let me simple put in a strong plug for the site. This site has always served me really well. If this new usability measures up to their former accuracy, timeliness, and usefulness, I would highly recommend that everyone bookmark it a visit habitually. I intend to do so and I sincerly appreciate it being brought back to my attention. Good post.... good info. A big hearty thanx!! Excellent work.
OT #2: My reason for explaining this was to ask this question of everyone ----> I have yet to find an adequate replacemnt site that accurately shows the pre-market movers.... Does anyone know where such a thing can be found? Here's what I presently use and it suffices, but it only shows NASDAQ:
http://dynamic.nasdaq.com/dynamic/premarketma.stm
Anybody know of a site showing NYSE, AMEX, NADSAQ, BB & (perhaps) pinkies" pre & post market movers lists?
Thanxs ahead of time.
Imperial Whazoo
Well, if Tyche USA owns Tyche Canada, do you mean they own greater than 50%? Also, what percentage, if any, of Tyche USA is retained by BIGN?
Also, last week, it was posted that Tyche was possibly gearing up for a second Hydroslotter team. If Tyche USA owns Tyche Canada and if Tyche Canada is going to be the entity with the freshest Hydroslotter relationship and if BIGN still retains some ownership of either (or both) Tyche entities, will BIGN see any profits from successful slotting done under the anticipated "new/renewed" Tyche/Hydroslotter relationship?
Imperial Whazoo
My take exactly, vole -
I thought that the announcement that they were going virtual was "camo" to act as a mask or innocuous header to announce the increase in shares. I guess they were timing the press release and constructing it precicely to try to minimize any price effect that might happen. I think this attempt is prudent because the new shares are probably not really dilutive because they are either earmarked for eventual purchase via warrants or they are restricted (or both).
In any event, if the effect is that the price drops tomorrow, it is a buying opportunity.
Also, it needs to be recognized that this is exactly how a company buys a bigger company. It is typical to buy hard assets with shares and warrants for shares, usually accompanied by cash as well.
IMHO, the one thing BIGN need to do (apart from having two successful wells in Grimes and delivering on the LOI) is to firm up its relationship with Hydroslotter. If they have a firm relationship with Hydroslotter, they will be able to further exploit the Sacremento River Valley field (actually Grimes and similar nearby fields), which has a lot of activity from companies like ASPN.OB. The reason is twofold: first, because the Hydroslotter folks are out there and could quickly move from project to project efficientl, and second because, as the record of ASPN.OB shows, once you get the technique for punching successful wells in these California fields, repeatedly doing so in cookie cutter fashion is where the money will be made. Strengthening their relationship with Hydroslotter will allow the knowledge obtained thusfar via the wells they have done to be built upon and repeated. IMHO, that is.
Any price decline due to weak hands misunderstanding that new shares are normal when purchases of this kind are being made... well, any dips are buying opportunities, IMHO.
Imperial Whazoo
Thanx 4 the link, spiras
OT: Hey, your timestamp showed 3AM for your message. Are you in Europe?
Imperial Whazoo
Hey spiras -
Could you post the link from which you obtained this production data? Looks like something for my "permanent collection" as regards BIGN DD. I bet others would like it, too.
Thanx etcetera...
Imperial Whazoo
That was funny treepart! You actually made me laugh. Thanx muchas amigo!
Imperial Whazoo
Fratboy -
My post looked garbage because, what is happening is that there is a character that is being interpreted that is at he end of the inoperative string. I actually typed it into my post to you. It is a "<" followed by a "b" followed by a ">". What that string does is it turns on or off bold characters. So, the nonworking link had that character string concatenated to it and the working link to the Dallas theme song had it stripped off, thereby allowing the browser to correctly execute the link. The bullitin board software IHUB uses interprets HTML strings (it appears to, anyway) and so, you can actually inadvertantly send an apparently OK link but it can contain control characters that are invisible to the human eye but which get parsed when clicked on and thus, the first link failed (it contained the control character sequence for bold face characters).
Hope that makes sense.
Thats why the link failed and why my post regarding it read like I was a morn in my typing.
Imperial Whazoo
fratboy -
http://www.kfcplainfield.com/sound/dallas.wav
Thats the "real string" that was accidentally pasted into the post. The reason it doesn't work is the at the end of the link. When you strip it off, it plays.
http://www.kfcplainfield.com/sound/dallas.wav
The above is the "corrected" string.
Imperial Whazoo
Shermann7 -
OT: Noticed your new Socrates quote. Where exactly does wisdom begin? Here's what I believe:
"The fear of the Lord is the beginning of wisdom" Proverbs 9:10
Imperial Whazoo
Hey Nikki -
Nice summary. Who exactly told you these things and when?
Imperial Whazoo