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Halada, this one isn't part of the East Texas LOI, but a seperate deal first announced on 1/22/07.
Flowrates from Oklahoma would make it fly.
NEWS
TYLER, Texas, Feb 27, 2007 (PrimeNewswire via COMTEX) -- Biogenerics
Limited(PinkSheets:BIGN) Board of Directors is pleased to report that its due diligence has been completed on the Central Louisiana Oil Field reported in its January 22nd Press Release.
The Company's independent's engineer report has verified reserves on the lease of 1,080,970 bbls/oil gross reserves, and this transaction was based on an initial reserve analysis of 880,000 bbls/oil gross reserves. This results in over 200,000 bbls/oil gross reserves more than expected and the purchase price is not changed with this finding. In addition, the Company's management was present at the recent re-opening of the initial 10 wells of the 27 total wells that have been retrofitted with the new Grundfos down-hole submersible pumps. The expectation of these pumps was to increase production on a low maintenance cost basis. The results were these 10 wells increased in production by 25%, and now the expected monthly production from the entire lease is projected to be over 4,900 bbls/oil/month. The Company now projects that this transaction will result in net operating revenues annually of over $2,000,000 before the transactional costs of this opportunity.
The Board of Directors expects the Central Louisiana transaction to close in the second quarter of the calendar year.
Volume is picking up.
2/26/2007 233,070
2/23/2007 175,201
2/22/2007 120,434
2/21/2007 74,345
2/20/2007 73,895
2/16/2007 70,888
2/15/2007 71,480
2/14/2007 94,191
2/13/2007 81,771
2/12/2007 129,166
2/9/2007 106,449
2/8/2007 272,192
2/7/2007 134,953
2/6/2007 31,400
2/5/2007 38,337
2/2/2007 40,391
2/1/2007 7,675
1/31/2007 27,600
1/30/2007 20,196
1/29/2007 21,900
1/26/2007 11,270
Still early but B&A is setting up for a little gap today.
This deal was closed last year, I think some of this spam mail just tries to draw people to the spammers website. I received one today about the forward split from Tyche, I was asked to go to OTCpicks.com and register for more free alterts.
Looks like we'r really makin' some bacon today.
I emailed the CEO a few months ago and he told me that he would turn it over to his new IR firm. It took a couple of months but they did reply. The said the share structure was the same as it is on pinksheets.com. I'm at work and I don't have access to that email, or the email address of the IR firm but I will post it later. The email came about 3 weeks ago.
I've done a lot of DD on this one a few months back. Basically the company that owned 50% of WRNW as cashless and sold their half to a creditor. I dont know if the creditor still owns half of this company or not.
IMO it's a real company that is coming back to life.
IVAX II baby, same management team as the first. When Frost puts 3 of his top managers in this one you know it's going to be huge.
Bud, what is the OS and Float?
Why dont you guys sell and move on?
EXEG - The 3 members Frost appointed to the BOD are officers in IVAX.
http://www.investorshub.com/boards/read_msg.asp?message_id=17297327
.006 x .01 - em
From the 2/15 filing, the three members added to the BOD are not only in the Frost Group, but officers of IVAX!
Upon the closing of the Stock Purchase Agreement, Robert Benou and David Lee Spencer resigned from the board of directors of Issuer. On February 9, 2007, as contemplated under the Stock Purchase Agreement, Mr. Steven D. Rubin, Ms. Jane Hsiao and Mr. Rao Uppaluri were elected directors of Issuer. Each of Messrs. Rubin and Uppaluri and Ms. Hsiao are minority members and officers of Frost Group.
IVAX officers
http://www.ivax.com/jsps/about/officers.jsp
Jane Hsiao, Ph.D.
Vice Chairman--Technical Affairs
and Chief Technical Officer; and
Chairman and Chief Executive Officer
DVM Pharmaceuticals, Inc.
Steven D. Rubin
Senior Vice President,
General Counsel and Secretary
Rao Uppaluri, Ph.D.
Vice President--Strategic Planning
and Treasurer
I wish I kept the shares I bought at .88. I'm back in at 1.86.
Scottrade shows a long list of trades at .008, about 260k. However, only 2k of those orders shows up in the volume. Check the T&S. MMs whacked the bid with 2K shares and followed up with another 260k 'orders'. Some BS going on here.
spam
Their plans for WWOG could be similar to what they're doing with TYEG.
Yes you'll get the split.
BIGN 30 days from now.
http://stockcharts.com/h-sc/ui?s=avrg
dirty dogs.
did the MMs hold the .014s back? looks like the official close is .011. no trades in the last 24 minutes than they post a couple .014s after close.
.019 !!!
thanks for the board.
Cool, I need to stay from this guys name. I ran across several 15-12gs by the same.
I bit much of a response for a mistake, dont you think?
Nice chart!
Another mention of Mark Anthony here, not sure if it is the same one. At the bottom of this message.
http://www.investorshub.com/boards/read_msg.asp?message_id=16195501
My mistake, sorry. Just did a 15-12g quick search at Edgar and there are a number of 'Michael Anthony' filings, this must be what I was thinking about.
Back ot the cave here.
GO IMCX!
Not sure, I'll do a search when I get a chance (recovering database server here, ugh.)
I remember the name 'I think' from another shell, but not sure. I certainly dont think it would be anything bad. I jumped into IMCX this morning.
WormWood Oil and Gas = WWOG.
Screwtape Oil and Gas would be OK too.
The signature on the 15-12g is 'Mark Anthony'. Aside from the Cleopatra connection, this name seems to ring a bell in pinkland.
666 is the devil, market maker signals.
IMCX - Nice call kt.
Nice rework of the wells. If you look at the history below of these two leases PRd today and the flowrates. Remember that Stonebrdge bought out Christian Operating Company. Although COC is the operating company, I don't know for sure if they own all 37 wells on these to leases. I'm guessing they do but I have a call into the company.
Vanwinkle lease
http://abyss.kgs.ku.edu/pls/abyss/oil.ogl5.MainLease?f_lc=1001140082
Rosell
http://abyss.kgs.ku.edu/pls/abyss/oil.ogl5.MainLease?f_lc=1001106268
There is some major rework going on, look at the history of these two leases PRd today and the flowrates. Remembe that Stonebrdge bought out Christian Operating Company. COC is the operating company, I don't know for sure if they own all 37 wells on these to leases. I'm guessing they do but I have a call into the company.
Vanwinkle lease
http://abyss.kgs.ku.edu/pls/abyss/oil.ogl5.MainLease?f_lc=1001140082
Rosell
http://abyss.kgs.ku.edu/pls/abyss/oil.ogl5.MainLease?f_lc=1001106268
O/T (?) Hydroslotter or NCO2. There is some major rework going on, look at the history of these two leases PRd today and the flowrates. Remembe that Stonebrdge bought out Christian Operating Company. COC is the operating company, I don't know for sure if they own all 37 wells on these to leases. I'm guessing they do but I have a call into the company.
Vanwinkle lease
http://abyss.kgs.ku.edu/pls/abyss/oil.ogl5.MainLease?f_lc=1001140082
Rosell
http://abyss.kgs.ku.edu/pls/abyss/oil.ogl5.MainLease?f_lc=1001106268
SBRX news!
HOUSTON, Feb 20, 2007 (PrimeNewswire via COMTEX) -- Stonebridge Resources Explorations Inc. (Pink Sheets:SBRX) is pleased to report the Company has recently re-worked three wells on the Rosell properties and one on the West Van Winkle leases. The re-completed wells located in Anderson County, Kansas, are each producing 35 bbls of oil per day.
Excited by these production rates, Stonebridge Resources Explorations intends to re-work more wells on the Anderson County properties. It is expected the targeted wells should mirror or exceed the production rates of the Rosell and Van Winkle oil producing wells.
SBRX News!
HOUSTON, Feb 20, 2007 (PrimeNewswire via COMTEX) -- Stonebridge Resources Explorations Inc. (Pink Sheets:SBRX) is pleased to report the Company has recently re-worked three wells on the Rosell properties and one on the West Van Winkle leases. The re-completed wells located in Anderson County, Kansas, are each producing 35 bbls of oil per day.
Excited by these production rates, Stonebridge Resources Explorations intends to re-work more wells on the Anderson County properties. It is expected the targeted wells should mirror or exceed the production rates of the Rosell and Van Winkle oil producing wells.