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It's in the IBox already for months now....
we know about it.
hehe....good one...
Once in a while it can be warranted
as excitement, but overall it's annoying
when done to excess, posting in all caps...
it won't.
Ricky and Flo ran the well dry.
It makes me wonder when they'll sell the shell,
squeezing for the last drop.
why bother?
it's just going to RS again in a month or so....
>Personally I am going to stick with ACTUALL RRC Production numbers myself.
Why bother? It's a wonderment to me why anyone would....
that isn't a shareholder....why waste the time?
It's not like we're going to see a FTXN dividend as
GFCI shareholders....
All 3 of us admittedly do NOT own FTXN shares....
so what difference does it make?
SP has tanked badly already and looks like we're going
to see it get even worse....
For the money that's already been made by shorts and
insiders...what's left? Natural GAS?
it's natural all right....just like methane....
Imo, it's more interesting to look at what kind of $
was made by the shorts....FTXN has to hit a strike price
of .50 avg to even squeeze some of the shorts.....
and it doesn't look like that's going to happen....
If we see something about a FTXN dividend to GFCI shareholders
then some of this might be interesting....imo.
With FTXN hitting .033 the other day.....
even that doesn't look so interesting....
GFCI & CTBG were much more interesting 15 months ago....
and then the long winter sets in.....
till you can't wait for spring
then woosh
it's fall
then winter again.....
the years go by pretty dang fast any more
and a project taken on in younger years
would be done in a day or so....
now takes 5-7 days.....
I remember back in the 60's when a 3 man crew...
we put up an average of 2.5
roughed out 1000 sq. ft. homes a week....
and that was in the middle of a rough winter....
sure we discovered the Duo Fast nailer with nails
held together with chicken fat glue.....
but we only had the one....
and it was an accomplishment none the less...
I used to pull a motor and overhaul it and have it running
the next day.....now it takes me that long just to do
basic preventive maintenance......or a brake job....
great....just great....
I'm older than dirt.....
thanks a lot...
had a bout with a wee bit of insomnia
a few years back and my wife got me some of those...
valerian capsules.....
didn't do squat for me as far as getting sleepy goes
but oooo.......was passing the worst gas....
my wife told me never to touch them ever again
dirty socks & rotten eggs was the flavor that night in the air...
in the whole house....and it was -30º outside that night..
so fresh air came at a premium.....
Pretty much says the ACMG party is OVER.
Hit a low of .038....
Right now it's having trouble competing with CTBG
Common and be real
it went down on volume
and only up on little 5k bites
Buy 500k shares and see what you can sell them for....
Congressman John T. Salazar (CO-03)
Congressmen Jerry Moran (KS-01)
United States House of Representatives
MORAN AND SALAZAR INTRODUCE LEGISLATION TO ENHANCE CARE FOR AMERICA'S RETURNING WOUNDED WARRIORS
Legislation Implements Recommendations of Dole-Shalala Commission
WASHINGTON, D.C. - Congressmen Jerry Moran (KS-01) and John Salazar (CO-03) announced this week the introduction of legislation to improve the care and support of America's returning service members.
The legislation implements the recommendations of the Commission on Care for America's Returning Wounded Warriors. The Commission was formed by the President and led by former Kansas Senator Bob Dole and former Secretary of Health and Human Services Donna Shalala following the discovery of poor conditions at Walter Reed Army Medical Center. Dole and Shalala were on Capitol Hill today to present the Commission's report to the House Committee on Veterans' Affairs.
"Our military members and veterans deserve a strong support system," Moran said. "I appreciate the leadership of Senator Dole and Secretary Shalala in putting forth these comprehensive solutions. Congress should now work to modernize the current system to adjust to the realities of today's war and improve the care and treatment of our country's heroes and their families."
"There are many differing opinions about this war, however we all agree that our brave men and women in uniform must be provided for both in the battlefield and at home," Salazar said. "This legislation addresses the needs of wounded service members during the difficult transition from deployment, back to civilian life."
"Our nation's men and women serving in Iraq and Afghanistan deserve our utmost respect for their courage and sacrifice," Dole said. "For those who return from duty injured, we as Americans have an obligation -- a moral duty -- to care for them at the highest level."
H.R. 3502, the Wounded Warriors Commission Implementation Act, would enact the following recommendations of the Commission that require Congressional action:
· Simplify and update the Department of Defense and Department of Veterans Affairs (VA) disability evaluation and payment systems.
· Provide lifetime TRICARE benefits for combat-injured service members.
· Enable all Iraq and Afghanistan veterans who need Post Traumatic Stress Disorder care to receive it from the VA.
· Expand eligibility for TRICARE respite and attendant care to seriously injured service members.
· Cover family members of seriously injured service members under the Family Medical Leave Act for six months.
Moran and Salazar serve on the House Committee on Veterans' Affairs.
###
John Whitney
Southwest Regional Director
Congressman John Salazar
970-259-1012
970-259-9467 fax
http://www.house.gov/salazar/
and some people wonder what I'm doing out there
in hills with my metal detector.....
There's GOLD in them thar hills!
I take GREAT UMBRAGE at this comment!!!!!
What idiot believes that Bush actually has an idea of his own?!?!?!?!?!
What a preposterous presumption!!!!!!!
It should have said "that conflict with his SLOGANS"
ok...getting off my soapbox now......
--------------------------------------------------------------
It has come to this. The Bush Bubble is so strong, and the president is so loath to talk to people who might confront him with ideas that conflict with his own,
A lot of those are men
who use public restrooms for their original intent.......
I was at a function with some Dems the other day and we took
a break....well a few of us headed to the bathroom.....
SO
I loudly proclaimed upon entering
Hope there ain't any Republicans in here.....
I'm not in the mood to hear any dang foot tapping!!!.....
the roar of laughter was deafening.......
-------------------------------------------------------------
GOP identification drops; fewer people think of themselves as Republicans.
Tancredo is a mini-me
of the loser from Sweetwater Texas
that was ousted and busted......Tom Delay
Let's get back On Topic
and avoid TOU violations please.
The topic is the stock: MHII, not other posters, etc.
Please do not public reply as it will be Off Topic.
I'm looking for a close around at least .06 tomorrow
If FTXN follows the GFCI pattern
you may see a little bounce
but then follows another tank even lower.....
better to wait until things settle down......imo.
The problem with those bounces is the low share count
on the sales....which means it is probably better to
risk a little rather than a lot.....
with GFCI.....longs kept risking a LOT.....
and they were loyal......
FTXN is sorely missing that characteristic of the GFCI longs
Nope
Low was .041 where it closed when I last looked.
hehe...
With CTBG there were numerous PRs
that said what the dividend was and what the record date was
There were numerous conversations that gave misinformation
such as when the dividend would actually be paid.
With FTXN
we have NOTHING.
Thus, this is why so many are looking for a PR
which says there will be a dividend of FTXN.
Don't make mountains out of molehills.
They aren't there. If this is only 1 of a few stocks
in someone's portfolio they might be ALL over any
particular detail.....SEC FILING vs a PINKSHEETS filing
and make a BIG DEAL out of the distinction....
When the important thing IS:
Where is ANY ONE SINGLE fact displayed in any PUBLIC
statement by GFCI or FTXN concerning a promised dividend?
FACT: There is nothing that says FTXN shares will be
paid to GFCI shareholders in a dividend.
You haven't provided a single fact whatsoever that shows it will.
I'd love for you or ANYONE to give us a verifiable fact
that says such a dividend will be paid.
So would a lot of other GFCI shareholders.
Imo, it isn't happening until we see something solid.
big deal
it was under filings on Pinksheets.com....
Bottom Line
THERE'S NOTHING THAT SAYS GFCI SHAREHOLDERS
ARE GETTING A DIVIDEND.
That is the point in case you missed it....
btw
FTXN shareprice TANKED yet again and on positive news
just like happened so many times with GFCI.
Page 1 of 9
CURRENT INFORMATION STATEMENT
OF ISSUER
1ST Texas Natural Gas Co., INC.
(Formerly Unicorn Restaurants, Inc.)
Dated as of September 1, 2007
______________
Item (i): The exact name of the issuer and its predecessor
(if any).
1St Texas Natural Gas Co., Inc. (formerly Unicorn Restaurants, Inc.)
(Name change June 14, 2007)
Item (ii): The address of its principal executive offices.
(i) 3828 W. Davis, Suite 308-210
Conroe, TX 77304
(ii) www.1sttexasnaturalgas.com
(iii) Investor Relations: Bentley Communications
Item (iii): The state of incorporation, if it is a corporation.
State of Nevada incorporated in 2002.
Item (iv): The exact title and class of the security.
The company has two classes of securities authorized.
Common voting stock - 350,000,000 common voting shares authorized.
Trading Symbol: FTXN
CUSIP Number: 33717J103
Preferred stock - 50,000,000 preferred shares authorized with
1,000,000Super Voting Shares with 400:1 voting rights issued to Jim Dial
in consideration of long-term executive employment contract.
Item (v): The par or state value of the security.
Common Stock - $.001
Preferred Stock - $.001
Page 2 of 9
Item (vi): The number of shares or total amount of the securities outstanding
and a list of securities offerings in the past two years. Provide
information as of the end of the issuer's most recent fiscal quarter and
fiscal year.
A. (i) Common Shares Authorized: 350,000,000 shares
(ii)Common Shares Outstanding: 76,277,068 shares common
stock held by 169
shareholders as of August 31,
2007
(iii) Public Float: 1,500,000 common shares
B. No securities offerings in the past two years.
Item (vii): The name and address of the transfer agent.
OTR
Transfer & Registrar Agency
1000 SW Broadway, Suite 920
Portland OR 97205
503-225-0375
Agent is registered SEC approved.
Item (viii): The nature of issuer's business.
The Company is an energy production enterprise with 208 gas drilling sites under
option in Crockett County, Texas.
(A) Business Development
Prior to June 14, 2007, the company conducted business as Unicorn Restaurants,
Inc. On that date the company finalized negotiations to complete an asset purchase and
assumption of liabilities agreement with Universal Energy Resources, Inc., a private
Nevada corporation. The company then changed its name to 1st Texas Natural Gas
Company, Inc.
1. The form of organization of the issuer (e.g., corporation, partnership,
Nevada Corporation.
2. The year that the issuer (or any predecessor) was organized.
Page 3 of 9
2002.
3. Fiscal year end.
June 30th
4. Whether the issuer (and/or any predecessor) has been in bankruptcy,
receivership or any similar proceeding;
The issuer has no predecessors. The issuer has never been in bankruptcy nor has
it been the subject of any similar proceedings.
5. Any material reclassification, merger, consolidation, or purchase or sale of
a significant amount of assets not in the ordinary course of business;
On June 04, 2007, the Company entered into final negotiations to complete an
Asset Purchases and Assumption of Liabilities Agreement with Universal Energy
Resources, Inc., a private Nevada corporation.
6. Any default of the terms of any note, loan, lease, or other indebtedness or
financing arrangement requiring the issuer to make payments;
The Company has never defaulted on any Note, lease or other indebtedness or
financing arrangement. Pursuant to acquisition agreements with Universal
Energy Resources, Inc. and Unicorn Restaurants, Inc., the Company has assumed
various liabilities which in light of the assets being acquired were not material in
the opinion of Management.
7. Any change of control;
On June 04, 2007 control changed to the current Management and Jim Dial.
8. Any increase in 10% or more of the same class of outstanding equity
securities.
On June 4, 2007 the Board of Directors of the Company authorized a 500:1
reverse split on all common shares effective June 14, 2007. On June 4, 2007, the
Board of Directors of the Company authorized the issuance of 1,000,000 Super
Voting Shares with 400:1 voting rights to Jim Dial in consideration of a long-term
executive employment contract.
9. Describe any past, pending or anticipated stock split, stock dividend,
Recapitalization, merger, acquisition, spin-off, or reorganization.
On June 4, 2007 the Board of Directors of the Company authorized a 500-1
reverse split on all common shares effective June 14, 2007. The Board of
Page 4 of 9
Directors also authorized the issuance of 50,000,000 preferred shares par value
$.001. The Company is aggressively pursuing the acquisition of additional oil and
gas properties located within the United States of America with proven reserves.
In connection with those possible acquisitions, the Company will have to raise
additional capital from both equity and debt offerings.
10. Any delisting of the issuer's securities by any securities exchange or
NASDAQ.
This issuer has never had any of its securities delisted by any securities exchange
or Nasdaq.
11. Any current, past, pending or threatened legal proceeding or
administrative actions either by or against the issuer that could have a
material effect on the issuers business, financial condition, or operation. State
the names of the principal parties, the nature and current status of the
matters, and the amounts involved.
The company has been no past, pending or threatened legal proceeding or actions
of any kind that could have a material effect on the Issuer's business, financial
condition or operations.
(B) Business of Issuer. Describe the issuer's business. Please also include, to the
extent material to any understanding of the issuer, the following specific items:
The Company's primary business is to commercialize the producing energy from 208
drilling sites under option located in Crockett County, TX.
1. The issuer's primary and secondary SIC codes;
Primary: 1311 Secondary: 1381
2. If the issuer has never conducted operations, is in the development state or is
currently conducting operations;
The issuer is currently conducting business through its newly acquired wholly owned
subsidiary Universal Energy Resources, Inc., a Nevada corporation.
3. State the names of any parent, subsidiary, or affiliate of the issuer, and
describe its business purpose, its method of operation, its ownership, and
whether it is included in the financial statements attached to this disclosure
document;
The Company has no parent. The Company has one subsidiary which it acquired
in June 4, 2007. The Company has no affiliate(s). The financial statements are
those of Unicorn Restaurant, Inc. for the periods indicated. All financial
statements of the Company are reported on a consolidated basis.
Page 5 of 9
4. The effect of existing or probable governmental regulation on the business;
At this time the effects of governmental regulation are both federal and state in
nature as they pertain to the petroleum industry. The Company has no notice of
violations or letter of reprimand from any regulating authority.
5. An estimate of the amount spent during each of the last two fiscal years on
Research and Development activities, and, if applicable, the extent to which
the cost of such activities are borne directly by customers;
The Company uses existing oil and gas technologies and know-how which has
been developed by others. The Company does not intend on engaging in any
Research and Development activities since its expertise is in the identification of
proven oil and gas reserves which may be immediately developed. The Company
is dependent on third parties for technology which it pays for on an "as needed"
basis. Currently, the Company has entered into contracts with Precision Drilling
and Exploration, Inc., a Nevada corporation, for all of its day-to-day drilling
needs.
6. Costs and effects of compliance with environmental laws (federal, state and
local);
The cost and effect on the Company to comply with the environmental laws in our
current line of business are considerable. These costs may expand if the Company
elects to expand to other businesses.
7. Number of total employees and number of full time employees;
Total employees: 7
Full time: 5.
(C) Investment Policies.
1. Issuer owns the rights to 208 drilling sites in Crockett County, TX through written
option agreements.
2. The company has no investment in mortgages.
3. There is no one individual involved in real estate investment activity.
If such activities were to be pursued by the Board of Directors, it would develop approval
procedures as well as procedures to monitor the mix of such investments in the portfolio
of issuer.
Item (ix): The nature of products or services offered:
1. Principal products or services, and their markets;
Page 6 of 9
a) The Company is a producer of gas with options on 208 gas drilling
sites located in Crockett County, TX.
b) The Company sells its gas to upstream providers and not directly to
end-users.
2. Distribution methods of the products or services;
We distribute our gas directly from the well-head to the upstream providers
through existing pipelines.
3. Status of any publicly announced new product or service;
No products or services have been announced.
4. Competitive business condition, the issuer's competitive position in the
industry, and methods of competition;
The business is quite competitive and issuer is among the smaller companies in
the business engaged in the oil and gas business. Due to knowledge and
experience the issuer can compete with much larger companies, however, a lack
of capital could prohibit the growth of the company.
5. Sources and availability of raw material and the names of principal
suppliers;
The sources of available hardware and software used in the oil and gas industry is
highly developed. There are several suppliers for each product necessary to carry
out Company's business.
6. Dependence on one or a few major customers;
The sale of oil and gas is driven by supply and demand. All of our customers will
be based in the United States of America.
7. Patents, trademarks, licenses, franchises, concessions, royalty agreements
or labor contracts, including their duration;
The issuer is current on all drilling rights.
8. The need for any government approval of principal products or services.
Discuss the status of any requested governmental approvals.
The Company has all necessary governmental approval from the Texas Railroad
Commission in order to conduct business.
Item (x): The nature and extent of the issuer's facilities.
Page 7 of 9
The issuer rents under a month-to-month lease approximately 500 square
feet of office space at 3828 W. Davis, Suite 308-210, Conroe TX 77304
i) 208 gas drilling sites in Crockett County, TX.
ii) The Issuer has 208 drill sites under option. The company is
currently soliciting the acquisition of additional oil and gas leases.
iii) The Issuer has no mortgages, liens or encumbered property
iv) The Issuer has no leases, options or contracts on any property.
v) The issuer has an active drilling program for the commercialization
of the gas leases.
vi) The issuer is subject to the general competitive conditions in the
oil and gas industry.
vii) The issuer has property insurance.
viii) The issuer has both improved and unimproved property.
Item (xi): The name of the chief executive officer, and member of the Board of
Directors, counsel, accountant and public relations consultant.
a-b. Executive Officers and Directors
Jim Dial (Chairman of the Board, President/CEO, Treasurer)
Dr. Donald Goddard (Board of Directors)
Carl Kruse (Director)
c. General Partners - None
d. Promoters - None
e. Control Persons -
Jim Dial
f. Counsel -
Joseph L. Pittera
2214 Torrance
Suite 101
Torrance, CA 90501
Page 8 of 9
g. Accountant or Audit
The company has retained Tatum LLP to assist in developing internal
controls, reporting and sarbanes-oxley compliance. Tatum is the largest
and fastest growing executive services and consulting firm in the United
States helping companies in transition to accelerate business success and
create more value. The company has more than 700 partners and
principals in 33 offices across the country.
h. Public Relations Consultant - None
i. Any advisor that assisted, advised, prepared or provided
information with respect to this disclosure documentation.
None.
Item (xii): The issuer's most recent balance sheet and profit and loss and
retained Earnings Statements.
See information Statement
Item (xiii): Similar financial information for the three prior fiscal years of the
issuer's existence.
See information Statement
Item (xvi): Whether the quotation is being submitted or published directly or
indirectly on behalf of the issuer, or any director, officer or any
person, directly or indirectly the beneficial owner of more than 10%
of the outstanding units or shares of any equity security of the issuer,
and or person.
To the best of issuer's knowledge, information and belief, quotations with
respect to the issuer's stock are not being submitted or published directly
or indirectly on behalf of the issuer or director, officer or beneficial owner
of more than 10% of any class of its issued and outstanding securities.
Item (xvii): INDEMNIFICATION OF DIRECTORS AND OFFICERS
The bylaws (Article VII) of the issuer provide for the indemnification of
any director, officer, employee or agent of the issuer, or any person
serving in such capacity for any other entity or enterprise at the request of
the issuer against any and all legal expenses (including attorney fees),
claims and liabilities arising out of any action, suit or proceeding, except
Page 9 of 9
an action by or in the right of the issuer, Nevada law also permits
indemnification.
Insofar as indemnification for liabilities arising under the federal securities
laws may be permitted to directors and controlling person of the issuer, the
issuer has been advised that in the opinion of the Securities and Exchange
Commission such indemnification is against public policy as express in
the law and is, therefore, unenforceable. In the event a demand for
indemnification is made, the issuer will, unless in the opinion of its
counsel the matter has been settled by controlling precedent, submit to a
court of appropriate jurisdiction the question whether such indemnification
by its is against public policy as expressed in the law and will be governed
by the final adjudication of such issue.
Item (xviii): EXHIBITS
Old Love
A husband in his back yard is trying to fly a kite. He throws the kite
up in the air, the wind catches it for a few seconds, then it comes
crashing back down to earth. He tries this a few more times with no
success. All the while, his wife is watching from the kitchen window.
Muttering to herself how men need to be told how to do everything.
She opens the window and yells to her husband, 'You need a piece of tail.'
The man turns with a confused look on his face and says, 'Make up your
mind. Last night, you told me to go fly a kite.'
If this was real
GFCI wouldn't be at .007.......
it would be at least 10x that......
and that isn't going to happen by ALL indicators...
More of the same just like GFCI
The SEC filing shows there isn't going to be any dividend....
No PR from JD proves there isn't going to be any dividend....
As it is....FTXN is tanking on a positive PR....
Sometimes
I wonder if we are since we don't rise up and
do something about it....
we're being scammed and that's a fact.....
thing is: most people can't pay their bills
if they did stop to do something about it.....
so then I wonder if it's the fault of our elected officials
not acting proactively for us.....then realize....
what the hell was I thinking...
the oil companies have us by the short hairs.....
so unless they get their short hairs pulled....
it isn't going to stop.....the high oil prices.....
Sam had been in business for 25 years and is finally
sick of the stress. He quits his job and buys 50 acres
of land in Alaska as far from humanity as possible.
Sam sees the postman once a week and gets groceries once
a month.
Otherwise it's total peace and quiet. After six months
or so of almost total isolation, someone knocks on his
door. He opens it and there is a huge, bearded man standing
there.
"Name's Lars, your neighbor from forty miles up the creek...
Having a Christmas party Friday night... Thought you might
like to come. About 5:00..."
"Great," says Sam, "after six months out here I'm ready to
meet some local folks. Thank you."
As Lars is leaving, he stops. "Gotta warn you... There's
gonna be some drinkin'.
"Not a problem," says Sam. "After 25 years in business,
I can drink with the best of em."
Again, as he starts to leave, Lars stops. "More 'n' likely
gonna be some fightin' too."
Sam says, "Well, I get along with people, I'll be alright.
I'll be there. Thanks again."
Once again Lars turns from the door. "More'n likely be
some wild sex, too."
"Now that's really not a problem," says Sam, warming to
the idea.
"I've been all alone for six months! I'll definitely be there.
By the way, what should I wear?"
Lars stops in the door again and says, "Wear whatever you want.
Just gonna be the two of us."
a truckdriver hauling a load of live chickens
stopped for a female hitchhiker
and said...wanna screw? she says hell no!
he shoves her down and leaves her on the side of the road....
he stopped for another nice looking gal with her thumb out....
opened the door and said wanna screw? HELL NO!
he pushes her off and slams the door and leaves her there......
He spies another gal with her thumb out
pulls over and says wanna screw? she says SURE!
He says come on in! with a big grin.....
SO he pulls over at a roadside diner and they go at it....
he takes her inside, they get a bite to eat,
then they get back in his truck and he pulls out on the highway....
After about 30 miles he notices a cop driving wild side to side
behind him with his lights flashing.....
back and forth the cop zips from side to side....
so he pulls over....
the cop walks up and he says what's the problem officer?
WHAT'S THE PROBLEM???? says the officer....
GET DOWN HERE AND FOLLOW ME, I'LL SHOW YOU THE PROBLEM...
says the cop all flustered and red faced....
They go back to the rear by the cop car
and as far as the eye can see......
there's mangled chickens flopping
all over the highway and feathers flying....
the cop says,
WHAT THE HELL IS GOING ON HERE?!?!?!?!
The truckdriver says what the heck?
He opens a door on the trailer and there sits a parrot...
The parrot grabs a chicken by the neck and says
WANNA SCREW?!
the chicken says, SQUAWK!
and the parrot throws out the chicken.....................
correct....
not urinating on oneself is an essential skill in life....
thus the need to wash only before
and not get certain things soiled by dirty hands.....
a visiting school's football team's member left a note
on a bathroom stall that at least at his school they
taught them to wash after using the bathroom....
a local student responded: wouldn't it have been better
to learn not to piss on yourself....
OH the HYPOCRISY of it all, GOP!
For all the GOP ranting against homosexuals.....
when so many are closet cases.....
it boggles the mind....
I'll like it when there's transactions
of larger quantities of shares.....
I saw one or two today seems like that were 120k trades
or maybe it was only one....
those small trades like we had today
look more like manipulative blips.....
let's see what happens over the next week
and if the trend continues....
Most likely diluting
that's their MO.....
Flo and Ricky that is....
imo,
the toxicity is greatly removed with a FTXN dividend....
without it.....it only gets worse from here....
so far there's no concrete evidence of a dividend to GFCI
shareholders......
which leaves us with: will FTXN stay toxic or not?
Sounds like you're saying every patsy
should just take their lumps
and wait for the next Downs scam.....
interesting......
tells me I've been on the right track
and is a good reason to stay on it....
I'm wondering what the last round of lawsuits
got the winners besides Downs short visit to jail....
If it walks like a duck, quacks like a duck and
shoots lighting out its butt like a whip........
then it's a ?
-----------------------------------------------------
Quack~~Crack!!!!!
That was sweet........
nice....
thanx for the link.