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Judge: N.Y. town can ban fracking
(CBS News)
A New York State judge ruled on Friday that a community can ban natural gas drilling within its borders, The New York Times reports.
It was the second court decision this week affirming local authority over "fracking."
Last June Middlefield, in Otsego County, passed a zoning law prohibiting heavy industry, including oil and gas drilling. A landowner, who had signed a lease granting drilling rights to a gas company sued the town.
Jennifer K. Huntington, a dairy farmer and president of Cooperstown Holstein Corporation, argued that only the state could regulate drilling. She said in her suit that Middlefield's ban denied her the economic benefits of the leases, "including the right to market [her land's] minerals, including oil and natural gas."
Acting State Supreme Court justice Donald F. Cerio Jr., decided that New York State's regulatory powers did not overrule a municipality passing a law governing land use.
Last Tuesday another drilling ban, in Dryden, was upheld in a suit brought by an oil and gas company.
you can now get them at .0075...go for it!
savy1, you say "I assume, IMO, that a lot of those buyers including me will now wait for a good payoff although there will always be profit taking along the way I no longer see selling pressure." Then what do you call today's trading thus far. Certainly not profit taking.
Liquidfan, you're beginning to see the light.
Looks like PUMA has a ton of stock available.
bay, who do you think is selling???
Stating the obvious, someone realized the stock was worthless.
Carm, they do, in fact, not show their true size. First they only have to show orders that are not AON. And they only have to show the best bid and ask. Let's say I put in an order to sell 200,000 shares at .009..my MM is ETMM, if that is the best ask for ETMM them my bid shows up on Level 2. If another E*trade investor puts in a bid to sell 5000 or more at .0089 then my bid is replaced by their bid. So ETMM really has 205,000 in size but only has to show 5000.
As one of the "Some Posters" I reiterate "Going down the tubes" especially if you paid more than .12 for the stock.
And the super report will be out by Thanksgiving.
I was responding to johnsyn's post about the unions.
Here's what they did to Detroit:
http://atlah.org/2011/12/27/detroit-by-frosty-wooldridge/
Nothing your comment just triggered my warped mind.
dirkie, I guess the 100 shares supersedes the 300 shares...LOL
-100 I need shares.
-200 I need shares badly,but do not take the stock down.
-300 Take the price down so I can load shares
-400 Keep trading it sideways.
-500 Gap the stock. This gap can be either up or down, depending on the direction of the 500 signal.
carm, I know it's just fun to bring them up when we see a ridiculous trade like 300 shares.
A 300 share trade? MM signal? I don't know if these MM signal trades have any validity. Will be interesting to see what happens to the price now.
-100 I need shares.
-200 I need shares badly,but do not take the stock down.
-300 Take the price down so I can load shares
-400 Keep trading it sideways.
-500 Gap the stock. This gap can be either up or down, depending on the direction of the 500 signal.
Ah I think johnsyn and I read your comment wrongly. I thought you were saying that bad-mouthing Xp would make me sick. What you were saying is the mere mention of their name makes me sick...and that is correct.
Carm, no I have not bought more.
carm, there's one way to get it back up there...buy!
Was just an addendum to Amigo's constant posts about Howard Selling.
Amigo,
As soon as the Baer clan finishes selling HEPI stock again, we'll see how the stock performs.
That sound like you are Blaming Howard for the low price of HEPI. And just how do you know he is selling???
Didn't say it was an issue, didn't say he should not have sold.
Call him and ask him.
What Year???
I think most if not all of this can occur by end of 2Q.
Amigo Mike
Company does not meet nor has it ever met requirements to be listed on any major exchange.
Yes very easily manipulated. Pinks have no filing requirements.
Amigo, before you blame Howard for selling shares you may want to check into how many shares Dahl has sold in the past year. Hint...XXXXXXX's
Listen, guess you are not familiar with Pink Sheet stocks. There is no "e". These stock are not listed on a major exchange and are not required to filo any type of a report.
Pink Sheets is not a stock exchange. To be quoted via Pink Sheets, companies do not need to fulfill any requirements (e.g. filing financial statements with the SEC). With the exception of foreign issuers, mostly represented by American Depositary Receipts (ADRs), the companies quoted in the Pink Sheets tend to be closely held, extremely small, thinly traded, or bankrupt. Most do not meet the minimum U.S. listing requirements for trading on a stock exchange such as the New York Stock Exchange. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies.
Amigo, I understand that you would love to see the stock price get out of the .20's but what would entice any new, or current, investor to buy this stock based on this PR and this statement.
However, this is a long-term proposition where any possible revenues, as significant as they might be, must be discounted against very long developmental lead times and the possibility of failure in a future clinical trial. In spite of these risks, subject to the receipt of necessary funding, which the Company does not currently have, the Company intends to proceed with a synthetic program because the potential revenues from a successful drug development are large.
It looks like any revenue at all, now that they have stopped producing and selling PAZ, is years away. As you can see this morning there is absolutely no buying interest in this stock, and IMHO there wont be any for a long long time...if ever.
Wonder if Xooma is going to come after the 145K they gave HEPI?
The rocord date on a standard Div can change..this was not a standard dividend it was a compnay spin off of assets that had to be voted on by the shareholders, it cannot change. If and when CVE ever becomes a public company and they are making money and decided to issue a cash dividend, that date can be changed. Or is CAVR deicides to issue a cash dividend they can set the record date at whatever they chosse adn change it at will.
The record date cannot change.If you were not in the stock on Aug 19 you are not participating in the spin-off/dividend.
Junebug, so in summery if you were a shareholder on Aug 19, 2011 you received 1 share of CVE (stock symbol to be determined later) for every 40 share of CAVR you owned. The minimum price for stocks to be listed on the AMEX is 3 bucks per share Therefor CVE will have to have assets and revenues such that the stock will be worth 3 bucks a share before it will ever be listed along with meeting all the other parameters. http://www.venturelawcorp.com/listing_requirements_amex.html Hope this answers all your questions about the dividend.
Junebug, There is no specific date when CVE will come on the market. first all the paper work has to be filed with the SEC, then the company has to meet the minimum standards of a major board (they are looking to be unlisted to the AMEX). Then there has to be, I believe, at least 2 MM's willing to trade the stock and, if I recall correctly, there is an IPO. The listing of CVE (that will not be it's symbol since that is already used) could take 6 month to a year if all the conditions are met. If these conditions are never met the stock for CVE will never trade and the dividend will be worthless. General consensus would be the company would have not done this spin-off (called a dividend) if it felt there was no chance that it would ever be listed.
Junebug: The proxy was voted and approved. Shareholders of record is Aug 19 of last year.
To clear up any confusion relating to this transaction, the shareholders of record on July 27, 2011 will vote the Proxy; in the event that the shareholders approve the spinoff of the subsidiary as proposed in the Proxy, then the shareholders of record as of August 19, 2011 will receive shares of CVE on a 1:40 basis. The shares of common stock of CVE will be issued with a restrictive legend that will prohibit the resale of such stock until CVE files a registration statement on Form S-1.