The same
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ACLY NEWS!
Wed Apr 20 2011 2:01:37 PM EDT
BusinessWire, GlobeNewswire and PR Newswire News
Arcland Energy Corp ACLY:OTC
Arcland Energy Announces Engagement of New Accounting Firm, Changes in Directors and Company Update
PR Newswire
1:58 PM ET
Arcland Energy Corporation (OTC: ACLY) announced that the Company's board of directors has engaged the accounting firm of M&K CPAS PLLC ("M&K") as its new independent registered public accounting firm. Additionally and in compliance with Securities Exchange Commission ("SEC") regulations pertaining to a "Change of Control," the Company acknowledges the departure of two of its directors, a reorganization of the Company, and the commencement of completing an audit of the Company's financial statements for the fiscal years 2008, 2009 and 2010. At the conclusion of the audit, the Company will become current in its reporting requirements including the annual report on Form 10-K. Arcland plans to file Form S-1 with the SEC to recapitalize the Company for expansion in accordance with the current business plan.
It's just what he told me masc.
ncpti
Bud, the ACLY LOI is disclosed in an 8K. It is now material fact.......no fake about it!
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7804411
Matt will post where this stands tonight/tomorrow??
ncpti
And did you see what happened when PR pulled the LOI??
ncpti
There will be more information posted to the PGPM Data Room in the next few days!
ncpti
From Matt-
While writing you an update to the situation I quickly realized it would take multiple pages and would border on an MBA Thesis.
Mostly on what NOT to do with a company that was making good oil production and had $10’s of millions in assets in 2008.
Of course when I came on with PGPM in late 2009/2010 the wells were all plugged or being plugged due to 2 years of ACLY neglect.
I will over time submit many more documents to the Data Room showing where the company stands today.
I will also have another conference call within the next few weeks.
Matt
ncpti
I have only seen about 3 or 4 posters here that get whats going on with the deal with ACLY and what the outcome will produce for PGPM.
People don't realize when your entwined within a company there are things that can't be disclosed. OR things that have to be put on hold in order to step up in an orderly manor.
I have seen some stupid posts here lately, very ignorant because lack of due diligence. There is much information out there about this deal with ACLY. (and public) if you know where and how to look! I will not post this info.....it's up to you to do what you need to do to satisfy you're stock trading methods, habits or investments.
If you bought high and didn't average down or just stuck and posting blaa, blaa.....bug off. People don't need to post bellyaches! Can't fix stupid! And every time I see a stupid post.....yes I think can't fix stupid! Right back to they don't understand what is going behind the doors and/or don't care to research, make contact, make confirming contact and then double check again!
Trade the stock when there is movement, be smart about it! If you got stuck.......personally I wouldn't worry much unless you need immediate gratification......LOL.
If anyone reading this post don't realize what is about to happen, too bad!
I'll give you a little bit here and that's where you need to start....PGPM....and watch the logic
PGPM since inception has made remarkable gains in income and tangible investments. This under the direction of RP, gained each year in income and property. RP made a play to up board and bought a shell that was in bad shape along with appointed other directors or board members.....now not in control. Since then has planted...well planted on stable ground to secure 125Mil in funding to further the company forward........and working capital, which in the end results is income. Never, I repeat never...will he stiff PGPM!
It's business, and it doesn't happen overnight despite us little crying shareholders! Trade smart or don't trade at all!
Anyone looking at the big picture should be buying ACLY and dumping big money here as this will fold over many times, actually each company will!
Does anyone realize the money behind PGPM/ACLY, the new venture....geese! They have the backing, what don't you guys get???
It's so close!!!
jmo
ncpti
I don't want to take any crap for this.........BUT..... my DD's tell me that RP is well respected in the industry...and not just in oil. I have also spoken with several other CEO's as well that say the same thing.
Seem like his bad rap is only here on I-Hub and Yahoo! But I can see why the bad rap, don't get me wrong!
Go to the ACLY's website and look through the 8K's and see the heavy weight consultants........there are no lies there!
ncpti
Next time you talk to him he will tell you.......there are lots of things going on behind the doors, a complete deal that ACLY is working, through their consultants, and I imagine their resolve with PGPM is not no walk in the park either!
Hope Matt can do a conference call in the next few weeks or so? Maybe there will be more public information available by then. Keep an eye on the Data room as well, because that is where Matt CAN post for info to us!
ncpti
Yes, this is in the works now on how ACLY will pay back, Matt and PGPM are insiders on this and can't give info until finalized.
Matt didn't fold over last Dec/Jan when they came to the table (ACLY knowing they had there current deal in the making) and forced the issue to this deadline.
ACLY won't roll on this deal, they have to settle up! Their (ACLY) financing is in place and they have to clean up their books, file and pay off PGPM 90 days from the date of LOI.
I am just waiting!!!
ncpti
If they have the funding for Kumskaya Neft........then I am waiting for our payday!
ncpti
Consulting Agreement.......
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62153068
ncpti
Please read........
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62153217
ncpti
6 ...along with free trading shares it will be way more valuable than the 40 mil owed now.
Not true, but still good.
Lets put it this way......say for some "freakish" reason this deal with ACLY is completed, they have audited financials, (a requirement), they get put back up board, the stock moves back to the $5.00 per share like it was............(or more) now they they have this new venture....
$5.00 per share X 12,500,000 mil shares (free trading) = some pretty bid bank!!!!
ncpti
Lol, there has been a great deal of ingenuity behind that drink, like there is a great deal of ingenuity behind the deal. If this master plan comes to pass, you know who picture will go on my wall!
ncpti
There will be more information coming out regarding this very >>>n as ACLY has to clear up the debt with PGPM before they can go further. They have hired an outside auditor to get the financials in order. If they don't clean up the dept they will not be allowed to go further with the Russian deal.......plain and simple!
I see a possible money and stock payback with ACLY. This works for me as if I am reading this right.....along with free trading shares it will be way more valuable than the 40 mil owed now.
More to come this next week!
ncpti
Have this in DD now.
ncpti
You are correct PAI, he is promised shares.
Kicking this around tells us a little more. Most likely he will get his shares when something changes at PGPM......like say, maybe at the retirement of Pinedo....or, when ACLY gets off their butt and pays up???
Anyother guesses?
ncpti
Cool, I am right there with you, been here long and things are not the same as before, things will happen under Matt watch.
Very much limited right now and things are about to fold over, keep watching! It's just time! Hammers going to drop!
Matt is a share holder just like the rest of us and his rewards will be on his own hands as to what he makes of this company. Differed salary for two years, he know what's up and what's going to be! He just needs a start and maybe the ACLY newest endeavor will help resolve old business......
But I kind of thing he is working on other things besides the old issues as secondary plans......smart move! When every thing comes together, we will know! It's going to be a bang!
ncpti
I believe you are on to something there!!!
ncpti
I think you are correct...American owns 10% of ACLY within American. PGPM owns 100% of American. Just as American own a few screwdrivers and a couple of shovels PGPM owns 100% of the tools.
So in a way we can't say PGPM owns 20% of ACLY, but in the end...we do....not in direct terms! That's the disclaimer you noted.
ncpti
Been waiting since July 10 2008. So how long until the deals start going through>>>>>> "as time permits"! LOL
ncpti
Looks good, great job! Thanks
ncpti
Sent a few questions to Matt O'Bryant.......response was almost immediate-
From: ncpti
Sent: Wednesday, April 13, 2011 7:14 PM
To: mobryant@bpetroleum.com
Subject: PGPM Movement Forward
Matt, how are things going? Sounds like you have been busy!
I know you were a little happy when there was some movement in the stock, but when there is no definitive information forward from the company, there will be no definitive movement (except fall back) in the stock.
What’s going on with the CE?
What’s going on with ACLY?
Aerial contracts secured...how many?
PR’s, when are they coming?
The sell off of “a” company asset, how is that going?
Any information in general will help, but mostly what will help is a PR, 8K’s, financials and forward looking activities, LOI’s...etc!
Also, nice to see input on PGPM’s Data Room! In there I have a question of if there is activity in the Data Room if an email can be sent to anyone that signs for it....kind of like when someone post to (you/me) on I-Hub we get an email in our inbox.......if that can be programmed that would be great.
Thanks Matt.
From: Matt O'Bryant [mailto:mobryant@bpetroleum.com]
Sent: Wednesday, April 13, 2011 7:24 PM
To: 'ncpti' Subject: RE: PGPM Movement
I will answer these and many more questions as time permits.
I’m hoping Friday late afternoon and possibly the weekend I can start responding to all the questions and calls.
Looks like he has been real busy as he said, looking forward to his responses..
ncpti
Hey Mods.......
Need to greatly update the I-Box to current events and probably get rid of the SOON sign... Back at PMPG I ask the moderator before I became assistant to put that up on PGPM and it was the same Mod here at the time and it was placed here too!
Get some new garbs and update the I-Hub site for new investors that will come if this company becomes or comes through with something....Just a suggestion.
If you need help in research just flow through the PGPM website.......that's where you came from!
Let me know if I can help......I have a investment here too as well!
ncpti
That my friend is the hot point. I am both a holder of each stock and want my company (ACLY) to fulfill their agreement and also succeed in their newest quest of the Russian oil program.
Don't really know what happened here but the fact that somebody didn't really care to have a business or have the time it take to run a business, (here), that would advance the company previously! And let things go to crap....in the fact that the TRC has capped wells, levied fines, non-payment of commentments...etc.
So I hope this new endeavor pulls ACLY out of the bottom scum barrel and sets them up for success........my shares care!
ncpti
The crystal ball says more than what we have now! LOL, I know that doesn't answer your question..........but if it was to go the way it was suppose to go it would mean +.02 per share. Some of the heavy hitter stock guy we had back then say closer to .03, depending how you read the terms of the RM.
At this point, Matt will have to tell us what the deal is going to be to figure anything else!
But in any event you can always do as bud-fox does.....
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62042547
Then again, lets figure it this way (hypothetically of course)...say someone has 75 mil shares, and say for some freakish reason this goes to say.... .02, where you sitting??? Say, .05...! No better yet, Matt tells me he want this a .10! HUMMM!
That's how I am playing this one! JMO
Do what you feel comfortable doing and do your own risk factor!
I do good flipping stock...not this one, ask imbrok in a PM what I made last year on his gold mine. Actually I think I am the one that got him into it...LOL!
ncpti
I hope your wrong........LOL!!! Should be lots more..........but your numbers work for me and probably are realistic! LOL
In any event if Matt had a portion of that, he would 10 fold the company in the first year of production!
ncpti
PS on edit.....don't no one wiseguy the fact that $10 from $0 is 10 fold!!! LOL
I have been here for 3 years and have accumulated many shares that I am sitting on...I am green at .0005. Matt has his work cut out for himself, he renewed his contract for the second year and differed salary to himself 2010/2011. He is a share holder. He speaks to us share holders along with many emails. He is working on it.
Little spikes in the PPS are exciting if that is your type of trade, not mine on this stock, other perhaps..not here! I am holding long term.......but the real info has not happened yet. I'll give the time, it right around the corner.
ncpti
And if you add up all the % owned it comes out way more than the .02 per share of the 40 mil lease sale! Then take into account the new deal that ACLY is working.........!
ncpti
LOL, OK.......don't care what he does as long as PGPM gets their money or leases back..............!
ncpti
I hate to say it but there are a lot of people willing to bet that the bubbles will burst on gold and silver in the near term.
Gold...the hands on gold....not our company would probably not be a real good buy at this point. Not saying companies that mine gold are not in the good light. This is global, not just here!
ncpti
Yes, same report....those are the leases they owe (PGPM) the 40 mil for. It's not a scam...they own them...just haven't paid us for them! Yet! They could have worked them, sold them or whatever, but yet they sit there at ACLY going to waste! They need to give them back or pay us........! I think things are in the works now, hope so and everything is pointing to that reading behind the scenes. JMO
ncpti
Yes on 3/31.
Make sure you get in here again.....This is going to get exciting!
ncpti
LOL, just trying to keep moral and exposure on the higher side for when Matt folds this over and changes the flag and updates!
ncpti
Tuesday was always a good day for news........hours and counting!
ncpti
HUM, I'd say he is buying.......buying companies to increase the bottom line........you know different????
ncpti
LOL, some would call that indigestion a gut feel!
We are down to not if but when at this point. There are lots of action going on behind the scenes right now, Matt loaded up with ........ what's going to be, ACLY making deals of 125mil....., new investor to PGPM.....big, big there!
Who know what else is going one...???
Matt put all the projects on hold pending the ACLY resolution...I suspect something in that nature is happening right now!
And activation of the project is in the works as well pending resolution. Looks like he will hit the street at 60mph once the rubber meet the paving!
ncpti
When ACLY gets back to the 4/5 buck range......then it will be well worth it. Far as I know there is only-
Authorized Shares 150,000,000 a/o Apr 01, 2011
http://www.otcmarkets.com/stock/ACLY/company-info
And we know who owns a lot of shares, and no less than PGPM at 10%, RP at 10%......add up the percentages in your DD..........when this moves based on share sales, it will move in a heartbeat!
ncpti
What happened to the cheerleaders???? With eminent news coming I have dry powered my account in anticipation just for here! I will personally take out the first two digits of the ask upon the breaking info!
Especially with the thin MM's!
Snooze you loose!
ncpti