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No one buyin it Marana , JimDial INTENTIONALLY MANIPULATED AND LIED to investors , It was no accident or just some deal that went bad , HE INTENTIONALLY set out to lie, cheat, steal from investors of GFCI stock , What dont you understand about that? This company is so dead you cant even revive the empty shell , it is unlistable totally worthless.....
this is gfci JD
See addresses in the cases from harris county I posted:
6990 GENTLE BREEZE DR WILLIS 378 77378 TX
Then go to SEC and see address SEC has for GFCI :
Business Address
6990 GENTILE BREEZE DR
WILLIS TX 77318
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001322894&owner=include&count=40
Harris county Court knows JAMES ROLAND DIAL pretty well?
I was searching the Harris County Civil cases and found all sorts of J Dial court cases , Gentle Breezes address, that is our guy right? Also wondering if Leslie Dial is related to James Dial >? A "LESLIE DIAL" was recently concivted of bank fraud and jailed in TX....
http://www.cclerk.hctx.net/coolice/default.asp?Category=CCCourtAtLaw&Service=cc_name
http://www.cclerk.hctx.net/coolice/default.asp?Category=CCCourtAtLaw&Service=cc_inquiry
NOTE: "AKA" HE IS USING ALIASS'
JAMES ROLAND DIAL ?
JAMES W DIAL
DIAL J R
DIAL J W
2 736495 701 O/D DIAL J R*AKA* SURVEYORS INSTR CO INC EXEC 06-28-2001 732643391
6990 GENTLE BREEZE DR WILLIS 378 77378 TX
2 736495 401 O/D DIAL J R*AKA* SURVEYORS INST CO INC TURNOVER 10-12-2001 735693107
2 736495 001 O/D DIAL J R*AKA*ETAL SURVEYORS INSTR CO INC OP DBT 06-19-2000 719751456
6990 GENTLE BREEZE DR WILLIS 378 77378 TX
1 128127 001 O/D DIAL J W CORK CLUB INC THE SWN ACC 07-01-1964 715040765
10944 EASTEX FRWY HOUSTON TEX
1 128127 701 O/D DIAL J W CORK CLUB INC EXEC 08-05-1974 747260541
2 736495 401 O/D DIAL JAMES R*AKA* SURVEYORS INST CO INC TURNOVER 10-12-2001 735693107
2 736495 001 O/D DIAL JAMES R*AKA*ETAL SURVEYORS INSTR CO INC OP DBT 06-19-2000 719751456
6990 GENTLE BREEZE DR WILLIS 378 77378 TX
2 736495 701 O/D DIAL JAMES R*AKA*ETAL SURVEYORS INSTR CO INC EXEC 06-28-2001 732643391
6990 GENTLE BREEZE DR WILLIS 378 77378 TX
2 736495 401 O/D DIAL JAMES ROLAND*AKA* SURVEYORS INST CO INC TURNOVER 10-12-2001 735693107
2 736495 001 O/D DIAL JAMES ROLAND*AKA*ETA SURVEYORS INSTR CO INC OP DBT 06-19-2000 719751456
6990 GENTLE BREEZE DR WILLIS 378 77378 TX
2 736495 701 O/D DIAL JAMES ROLAND*AKA*ETA SURVEYORS INSTR CO INC EXEC 06-28-2001 732643391
6990 GENTLE BREEZE DR WILLIS 378 77378 TX
2 736495 401 O/D DIAL JAMES*AKA* SURVEYORS INST CO INC TURNOVER 10-12-2001 735693107
2 736495 001 O/D DIAL JAMES*AKA*ETAL SURVEYORS INSTR CO INC OP DBT 06-19-2000 719751456
6990 GENTLE BREEZE DR WILLIS 378 77378 TX
2 736495 701 O/D DIAL JAMES*AKA*ETAL SURVEYORS INSTR CO INC EXEC 06-28-2001 732643391
6990 GENTLE BREEZE DR WILLIS 378 77378 TX
4 755308 001 O/D DIAL JIM ETAL NIKON INC OP DBT 07-06-2001 732705107
6990 GENTLE BREEZE WILLIS 378 77378 TX
4 755308 701 O/D DIAL JIM ETAL NIKON INC EXEC 10-29-2001 735774779
6990 GENTLE BREEZE WILLIS 378 77378 TX
2 736495 401 O/D DIAL JIM*AKA* SURVEYORS INST CO INC TURNOVER 10-12-2001 735693107
2 736495 001 O/D DIAL JIM*AKA*ETAL SURVEYORS INSTR CO INC OP DBT 06-19-2000 719751456
6990 GENTLE BREEZE DR WILLIS 378 77378 TX
2 736495 701 O/D DIAL JIM*AKA*ETAL SURVEYORS INSTR CO INC EXEC 06-28-2001 732643391
6990 GENTLE BREEZE DR WILLIS 378 77378 TX
Does anyone know IF "Charles James Dial" is same as GFCI Jim Dial?
I see a new lawsuit in TX
Dial v. Partnership for Response and Recover et al
Plaintiff: Charlie James Dial
Defendant: Partnership for Response and Recover, Dewberry & Davis LLC and URS Corporation
Case Number: 1:2009cv00218
Filed: February 27, 2009
Court: Texas Eastern District Court
Office: Freedom of Information Act Office [ Court Info ]
County: Orange
Presiding Judge: Judge Marcia A. Crone
Referring Judge: Magistrate Judge Keith F. Giblin
Nature of Suit: Other Statutes - Freedom of Information Act
Cause: Federal Question
Jurisdiction: Federal Question
Jury Demanded By: 05:702 Administrative Procedure Act
SPNG is an OTC not a listed security , lol , u cant apply the same standards , thus it trades penny sub penny or 1to1 , no trust in filings, no trust in major holders hiding lawsuits, hiding costs , hiding true shipped production totals , gagging transfer agent and issuing very blury PR on shre counts, selling shares to a financeer that has current and past allegations of security fraud, SPNG is a long long way from a NYSE, NASDAQ, AMEX listed security, IMO it is lucky it is not PINK , it sure does act like one.... thus peny sub penny , maybe fins a nickle if it acts like a listed company and stops this pink sheet stuff....
Vantage bags big Petrobras gig
By Upstream staff
Houston outfit Vantage Drilling said today it has secured an 8-year ultra deep-water drillship contract with Brazilian state-run Petrobras worth $1.6 billion.
Petrobras will take the Vantage-run Titanium Explorer, upon completion of construction in the third quarter 2011, to the US Gulf of Mexico.
There it is expected to replace rigs that have been diverted for work on the giant Brazilian pre-salt plays, Vantage head Paul Bragg told UpstreamOnline, confirming the deal.
Under the contract, Petrobras has the right to re-locate and utilise the Titanium Explorer on a worldwide basis.
Vantage will operate the rig pursuant to a management agreement, which provides for fixed and performance-based fees. The ship is owned by an affiliate of TMT.
Vantage also said in a Web posting it has finalised a previously announced five-year contract with India’s Oil & Natural Gas Company worth $1.1 billion.
Under the contract, ONGC will mobilise Vantage’s Platinum Explorer in the fourth quarter next year.
The Platinum Explorer is owned 45% by Vantage and fifty-five 55% by an affiliate of TMT.
Vantage will operate the rig pursuant to a management agreement which provides for fees to Vantage, in addition to its proportionate share of cash flow.
ONGC had been locked in price talks with Vantage since August, with ONGC finally locking in a reported rate of $585,000 per day, marking a significant reduction from the $730,000 dayrate initially tendered by the Houston-based contractor.
Both rigs are currently being constructed in Daewoo Shipbuilding & Marine Engineering in Okpo, Korea.
"The deepwater contracts with ONGC and Petrobras are of major significance to Vantage,” Bragg said in a release. “The addition of nearly $3 billion of contract backlog provides our company with a stable base of business for many years to come.”
is this the SPNG spongebob product? poor resemblance to the real spongebob? This is just a prototype or knock off right? I dont see Universal letting a spongeboob looking bad as this going out on the shelves.... IMO
Have you read the SEC complaint? Call it what you will , that is fine by me, but you can NOT deny the facts, this case sets some interesting presedence in relation to FCPA investigations, formal charges and SOL.... IMO ERHE attorneys are going over this case in great detail, it is very interesting and topical for sure....
UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF TEXAS
HOUSTON DIVISION
SECURITIES AND EXCHANGE COMMISSION,
Plaintiff,
vs.
HALLIBURTON COMPANY
and
KBR, INC.,
Defendants.
Civil Action No.: 4:09-399
COMPLAINT
http://www.sec.gov/litigation/complaints/2009/comp20897.pdf
Between at least 1995 and 2004, senior executives at KBR and others, devised and implemented a scheme to bribe Nigerian government officials to assist in obtaining multiple contracts worth over $6 billion to build liquefied natural gas (“LNG”) production facilities on Bonny Island, Nigeria. A four-company joint venture, of which KBR was a member, won the contracts. To conceal the illicit payments, KBR and others, through the joint venture, entered into sham “consulting” or “services” agreements with intermediaries who would then funnel their purportedly legitimate fees to Nigerian officials. Specifically, KBR and others, through the joint venture, implemented this scheme by using a Gibraltar shell company controlled by a solicitor based in the United Kingdom (“the UK Agent”) and a Japanese trading company (“the Japanese Agent”) as conduits for the bribes.
The Commission brings this action against the Defendants seeking permanent injunctive relief to prevent future violations of the federal securities laws, and seeking their ill-gotten gains
FACTUAL ALLEGATIONS
KBR and Others Agree to Pay Bribes to Obtain Nigeria LNG Contract
11.
In 1991, in order to pursue LNG projects in Nigeria, KBR predecessor Kellogg formed a joint venture with three other multinational engineering and construction companies. The joint venture began to pursue bidding on a construction contract for Nigeria LNG to build two LNG trains in Nigeria.
12.
Officers and employees at the highest level of KBR, including its former CEO, Albert Jackson Stanley (“Stanley”), were closely involved in the joint venture and its business in Nigeria from the joint venture’s inception. Each member of the joint venture had one or more representatives on a steering committee that ran the joint venture. Stanley was a member of that steering committee at all relevant times. Other high ranking personnel of KBR were also closely involved in the joint venture; these included sales, legal and operational personnel.
13.
From the inception of the joint venture, the sales officials and other senior personnel of the four joint venture members believed that it was necessary to pay bribes to Nigerian government officials to assist in obtaining the LNG construction contracts. In
4
conjunction with the Japanese Agent, the sales officials of the joint venture formed what they called the “cultural committee” to consider how to implement, but hide, the scheme to pay bribes. The committee members discussed: (i) entering into sham consulting contracts with various individuals or shell corporations; (ii) “downloading” or “offloading” the payments through subcontractors or vendors; and (iii) entering into phony “services” contracts with the Japanese Agent. Ostensibly, the consultants or vendors would be retained and paid to perform legitimate services. In actuality, the consultants or vendors would use the money in whole or in part to make corrupt payments to Nigerian government officials on behalf of the joint venture.
14.
Eventually, the joint venture decided to funnel the payments through two entities, using the UK Agent to pay high-ranking Nigerian officials, and using the Japanese Agent to pay lower-level Nigerian officials. These agents were sometimes referred to as “Cultural Advisors.” The joint venture steering committee approved the use of the two agents, and the steering committee approved the contracts eventually entered into between the joint venture and the two agents.
15.
In pursuing the bidding with Nigeria LNG, in holding meetings of the steering committee and the cultural committee, in carrying out the construction contracts, and in all related matters, KBR and the other members of the joint venture routinely made use of the U.S. mails, and of U.S. common carriers, and of other instrumentalities of U.S. interstate commerce. Payments made by the joint venture to the bank accounts of the UK Agent were routed through banks in New York, New York.
ERHE: Volume Spike; 16% > 20-adsv, Stock +17.56%
FRIDAY , FEBRUARY 27, 2009 10:30 AM
This is the 2nd VOLUME alert for ERHE in the past 7 calendar days.
Trading for ERHC Energy Inc (OTCBB: ERHE) has been heavier than usual in today's session. By 10:30 ET, the stock had already traded 350,170 shares via 45 trades. The cumulative volume is 16.00% above its 20-day average of 301,881. Normally the stock experiences around 39 individual trades per session.
So far, today's volume surge has caused a net rise in ERHE's stock price. At the time of this alert, the stock was trading at $0.241, up $0.036 (+17.56%).
One year ago, the Company's shares closed at $0.220. The price has gained more than 9 percent since then.
Over the last 10 trading session ERHE has traded in a range between $0.120 and $0.240 and is currently trading 60.49% below its 52-week high of $0.610 set on May 20,2008 and 141.00% above its 52-week low of $0.100 from December 30,2008.
In the previous 3 sessions, ERHE trading has displayed a mixed trend. Closing results have been as follows:
February 26, 2009 --- closed at $0.205 up $0.025 (+13.89%) on 650,400 shares
February 25, 2009 --- closed at $0.180 up $0.020 (+12.50%) on 265,500 shares
February 24, 2009 --- closed at $0.160 down $0.015 (-8.57%) on 312,600 shares
The Company last released news on February 25, 2009:
"Chief Operating Officer Updates ERHC Energy Inc. Shareholders"
ERHC ENERGY INC
A development stage enterprise, which is engaged in the exploration of oil and gas reserves in the Gulf of Guinea offshore of central West Africa.
http://www.otcbb.com/asp/headlines.asp?sSymbol=ERHE
Doug Furth and "The Group" are happy traders? SPNG is starting to behave for them.... look at these daily swings low to high stock price , with enough volume to buy/sell/short daily profits from trading...
Volume 32,119,093
Day's Range 0.0102 - 0.0129
That is a 26.4% daily swing in price, SPNG does this a LOT of days, imo these are the days you can BUY/SELL/SHORT shares for profits all in same day, short shares at top , using shares you dont even own , short it back down 20%+ , then COVER with unregistered or "on the come" account shares, warrants, options etc...run price up 20%++ , get retail interested, SELL THEM AT TOP , then use unregistered to SHORT AT TOP , then cover $ as price dirfts lower on tined sells an MM triggers , imo insiders can will do sell , buy , short , cover using and leveraging massive amounts of unregistered shares.....
I hope u all been following? been IN/OUT IN/OUT of SPNG 2x 4days, .0095/.012 - .105/.0125 , Now wait for the pullback , but imo they r going 2 play some games , volatile rally coming... ? imo Hard to chart these plays being manipulate unless u chart the manipulation to some extent....imo
Thanks MT, got ur PM , CDE is right nolw ready for a rally, hey check out ABTG for some spec play on "smart grid"....
BUY CDE > BUT I AM IMPARTIAL , I BUY SILVER, HOLD SILVER, BUY MORE SILVER, GIVE SILVER AS GIFTS 2 MY FRIENDS AND FAMILY, WEAR AND BUY SILVER JEWLERY AND ART... LOVE THE SILVER!
Did you know Solar Panels usea LOT of Silver? Going to be huge uses for silver in solar and silver mirror power systems. AND a few new medicines > silver is going to really have a resurgence this year , next year and beyond imo...
Solar Energy
Silver paste is used in 90 percent of all crystalline silicon photovoltaic cells, which are the most common type of solar cell. Around the world, solar arrays are being tested for large and small-scale electricity production. In Europe, photovoltaic systems commonly are used to power private homes and local businesses. South Korea is constructing photovoltaic electric power plants to provide significant sources of electricity for the nation’s power grid. In the United States, nationwide stores such as Macy’s and Wal-Mart are installing photovoltaic systems on the roofs of their buildings to contributing up to 40 percent of their power needs. Photovoltaic systems are simple and provide immediately useful power with no pollution.
Silver is used in another way to generate electricity by reflecting and concentrating solar energy onto collectors containing salts which are used to run generators. Near Barstow, California, for example, 1,926 silver-coated mirrors reflect solar heat onto black-coated stainless steel tubes atop a 300-foot tower. This heats the tubes and the nitrate salt inside them to over 1050 degrees F. The scalding hot salt is then piped to boilers, turning water to steam which drives steam turbines that run electric generators.
http://www.silverinstitute.org/solar_energy.php
MEDICAL
Silver’s anti-bacterial powers have been tested and proven scientifically even though its power as a bactericide has been known for centuries. The ancient Phoenicians, for example, knew that water, wine or vinegar kept in silver vessels stayed fresh during long sea voyages.
Only recently, however, have scientists discovered how the white metal does its work. Quite simply, silver interrupts a bacteria cell’s ability to form chemical bonds essential to its survival. These bonds produce the cell’s physical structure so bacteria in the presence of silver literally falls apart. Cells in humans and other animals have thick walls and are not disturbed by silver. Therefore, silver prevents bacteria growth but is harmless to humans.
One of the most important uses of silver as a biocide is in hospitals and other health care facilities because they grapple with MRSA (Methicillin-resistant Staphylococcus aureus), a type of life-threatening Staph germ. Also referred to as a ‘superbug,’ MRSA is resistant to almost all chemical antibiotics, so many hospitals are employing silver-imbedded equipment including surgical tools, catheters, needles, stethoscopes, furniture, door handles and even paper files.
One of the most promising applications is in silver-imbedded bandages for burn and wound victims. The silver ions help prevent infection but also speed healing because the body doesn’t have to focus its energy on fighting infection.
Currently we’re seeing a surge of applications for silver-based biocides in all areas: industrial, commercial and consumer. New products are being introduced almost daily. Established companies are incorporating silver based products in current lines - clothing, refrigerators, mobile phones, computers, washing machines, vacuum clearers, keyboards, countertops, furniture handles and more. The newest trend is the use of nano-silver particles to deliver silver ions.
http://www.silverinstitute.org/medical_applications.php
Lots of investigations swirling around GFCI James Dial , this is Per SEC July 09 , 2007
"The Commission's investigation is continuing."
The Securities and Exchange Commission has filed securities fraud charges against two Texas individuals in a high-tech scam that hijacked personal computers nationwide to disseminate millions of spam emails and cheat investors out of more than $4.6 million.
The company stocks that were the subject of the Useltons’ spam campaign, according to the SEC’s complaint, included Oretech, Inc.; Intelligent Sports, Inc.; Advanced Powerline Technologies; Notch Novelty Corporation; Avondale Resources Corporation; Spooz, Inc.; ESPRE Solutions, Inc.; Grifco International, Inc.; Leatt Corporation; Adrenaline Nation Entertainment, Inc.; Equipment and Systems Engineering, Inc.; Gulf Petroleum Exchange, Inc. (currently Software Effective Solutions Corp.); and Wentworth Energy, Inc.
http://www.sec.gov/news/press/2007/2007-130.htm
For further information contact:
Cheryl J. Scarboro
Associate Director
SEC Division of Enforcement
202-551-4403
Additional materials:
http://www.sec.gov/litigation/litreleases/2007/lr20187.htm
they have production rolling, pouring PRODUCT in a increasing price per ounce enviroment , plus they have cash, profitable with .01 eps for the 4th qtr, they are positive eps going forward , now as long as management stops the madness, no more financings hedgings , lets work on EPS for few quarters, get the structure stabilized ... Note to management The market WILL Notice if you start acting like a real company growing EPS > IMO CDE STRONG BUY NOW THRU MAY
4th qtr 08 Production in ounces silver only
Rochester 3,033,720
Cerro Bayo 1,224,084
Martha 2,710,673
San Bartolomé 2,861,500
Endeavor 824,093
Broken Hill 1,369,009
12,023,079 TOTAL OUNCES SILVER 4TH QTR 2008
$100MIL Cash on hand 713 Mil os.....
The past four months have seen a major resurgence in silver and gold market prices, driven by demand for safe haven investments in the midst of the current world economic and financial crisis. Year-to-date, silver prices have increased 29% while gold has risen approximately 9%. Holdings of gold and silver by silver and gold exchange-traded funds continue to increase and are currently at record levels.
I FIND THIS VERY BULLISH FOR SILVER
On the supply side, the decline in the price of base metals (zinc, lead, copper) has resulted in the shutdown and curtailment of production at many base metals mines. These declines have also caused many base metal projects scheduled for development to be delayed. Because approximately 70% of global silver production is derived as a by-product of base metals mines, declining base metals production is expected to reduce global silver supply.
Fortified Cash Position Provides Sufficient Capital to Deliver Substantial Growth in 2009
As of January 31, 2009, Coeur’s cash, equivalents and short-term investments stood at approximately $100 million, up from $28 million at year-end. The Company completed two transactions during January that netted approximately $95 million of cash proceeds. Between cash on hand and cash flow from operations, the Company believes it has sufficient liquidity for the remainder of 2009.
Since year-end, the holders of a majority of the Company’s $75.0 million of Senior Secured Floating Rate Convertible Notes have voluntarily converted their notes into shares of common stock. Once the remainder of these Notes are converted, Coeur’s shares outstanding will total approximately 713 million.
http://app.quotemedia.com/quotetools/newsStory.go?storyId=15761797&topic=CDE&symbology=null&cp=off
BUY CDE BUY NOW - CDE NOW THRU MAY - STOCK WILL RALLY.eom
BUY CDE.eom
.0095buy - .0125SELL.eom
And they let financeers short it at 5.00 down to .77 , then gave them warrants deal to cover the short shares...
lowtoday.0095.buy.eom
ur welcome.eom
i agree , imo trading is being manipulated by groups of traders and I bet they will have jumps on filings and news and create a Big Swing very soon, they are buying up the stock, shaking lose big time this go around, buy.009.sell.0125,eom
I dont know what more you want? The latest SEC filing mentions the US Senate investigations multiple times , please drop the subject.eom
We are under investigation by the SEC, the DOJ and a U.S. Senate Subcommittee, and the results of these investigations could have a material adverse effect on our business, prospects, operations, financial condition and cash flow.
-
On July 5, 2007, the U.S. Senate Committee on Homeland Security and Governmental Affairs’ Permanent Subcommittee on Investigations served ERHC with a subpoena in connection with its review of matters relating to the potential abuse of payments made to foreign governments. The subpoena, as amended on July 18, 2007, seeks documents and information regarding ERHC’s activities, particularly those related to the acquisition of ERHC’s interests in the Gulf of Guinea.
-
On July 5, 2007, U.S. Senate Committee on Homeland Security and Governmental Affairs’ Permanent Subcommittee on Investigations served ERHC with a subpoena, in connection with its review of matters relating to the potential abuse of payments made to foreign governments. The subpoena, as amended on July 18, 2007, seeks documents and information regarding ERHC’s activities, particularly those related to the acquisition of ERHC’s interests in the Gulf of Guinea. ERHC’s attorneys, Akin Gump Strauss Hauer & Feld LLP, are assisting ERHC in responding to all subpoenas.
The Company anticipates that these investigations may be lengthy and do not know when they will conclude. If violations are found, the Company may be subject to criminal, civil and/or administrative sanctions, including substantial fines, and the resolution or disposition of these matters could have a material adverse effect on its business, prospects, operations, financial condition and cash flows.
-
On July 5, 2007, the U.S. Senate Committee on Homeland Security and Governmental Affairs’ Permanent Subcommittee on Investigations served ERHC with a subpoena, in connection with its review of matters relating to the potential abuse of payments made to foreign governments. The subpoena, as amended on July 18, 2007, seeks documents and information regarding ERHC’s activities, particularly those related to the acquisition of ERHC’s interests in the Gulf of Guinea. ERHC’s attorneys, Akin Gump Strauss Hauer & Feld LLP, will assist ERHC in responding to the subpoena. Please see “Legal Proceedings” for more information.
-
LINK FOR > MENTIONS OF SENATE "INVESTIGATIONS" FROM MOST RECENT ERHE SEC FILING (ABOVE):
http://www.sec.gov/Archives/edgar/data/799235/000114036109003083/form10-q.htm
Lets see hoew much they are getting out of ground and poured , in the ground does no good right now , CDE needs to show that production is going ahead full steam ahead ...
Mateus “Nando” Meira Rita Interesting Character......
Nando involved attached to Feltang.
In São Tomé, plenty of people have questioned the deal. A December 2005 report by São Tomé's attorney general said that the country's lead negotiator on the agreement, Carlos Gomes, a nephew of the prime minister, was awarded an executive position at STPetro and a salary of thousands of dollars a month paid by ERHC. The report said that Mateus “Nando” Meira Rita, a former São Toméan Secretary of State, became STPetro's general manager and also received a generous salary as an ERHC consultant. SEC records show that in 1998 ERHC named Rita as its Vice President of International Affairs and granted him 500,000 shares of company stock valued at $158,203.
http://www.harpers.org/archive/2006/06/sb-meet-willia-1150323062
-
The report cited a $100,000 payment Offor's Chrome made to a company controlled by Sao Tomean President Fradique de Menezes, and the role of Foreign Minister Mateus "Nando" Rita played helping to renegotiate ERHC's contract while also holding 500,000 shares of company stock.
http://www.ocnus.net/cgi-bin/exec/view.cgi?archive=101&num=25989
-
But key names on the government's search list are compelling.
The list includes a request for any correspondence Nigerian President Olusegan Obasanjo, Alhaji Atiku Abubakar, Sao Tome and Principe President Fradique de Menezes, former Sao Tome President Miquel Trovoada and his son Patrice, Sao Tome energy officials Joaquim Rafael Branco and Gabriel Arcanjo Ferreira Da Costa, JDA chief Carlos Braganca Gomes, and former Sao Tome foreign minister Mateus "Nando" Meira Rita, and a First Atlantic Bank director who was also a competing bidder for Joint Development Zone blocks, Emmanue Efoby, the head of Foby Engineering.
http://erhc.blogspot.com/2006/06/facts-emerge-about-erhc-energy.html
-
Mateus Meira ‘Nando’ Rita, a former secretary of state
for co-operation, became STPetro’s general manager. In August PFC transferred all of
its rights and obligations in the venture with STP to ERHC. Meanwhile, ERHC paid
another $2 million of its commitments to the government. The next month ERHC
engaged Carlos Gomes and Mateus Meira Rita as the company’s consultants, allegedly
for a monthly salary of $5,000.
http://www.afsaap.org.au/Conferences/2004/seibert.PDF
=
US public company, controlled by Chrome
Energy owned by Nigerian businessman Sir
Emeka Offor, known to be an ally of President
Obasanjo. Some shares held by Mateus
“Nando” Meira Rita, formerly Chief of Staff to
Sao Tome and Principe President and now Sao
Tomean Ambassador to Nigeria and Equatorial
Guinea. and Principe.
http://www.earth.columbia.edu/cgsd/STP/documents/PGR_Report_English.pdf
-
On February 21, 2002, Chrome admitted to making a payment to CGI, a company owned
by President de Menezes. President de Menezes has said in a taped press conference that the
money was for his political party, the MDFM, and that other parties also received money from
Chrome and Nigerian interests. Although foreign funding of campaigns is apparently quite
common, São Toméan law explicitly prohibits political party funding by foreign entities. See Lei
dos Partidos Políticos, Art. 27, 4.
13 One public example was São Tomé and Principe’s Foreign Minister, Mateus “Nando”
Rita, who still owned 500,000 shares in ERHC and was a former company consultant.
http://www.earth.columbia.edu/cgsd/STP/documents/PGR_Report_English.pdf
-
-
DIRECT CUT N PASTE , I didnt "say it" I cut n pasted AND Posted It, w/link , something you dont know much about...proof.eom
Leveraging our proprietary technology for your needs, Team Dicon will develop products for your company on a contract basis. Need a product? Want an idea? Come to us and we'll show you how we redefine innovation.
_
DICON sells SPNG product when it can, DICON wants SPNG to SELL Sponges fo sur
_
But they WILL make YOU a Sponge if u have the right product/marketing , Dicontechnologies sells a lot of Sponges not ONLY SPNG sponges....
Dicon cares for all members in your family, including the family pets. Each product supports animal health, providing years of enjoyment and companionship.
Smart Kitty Litter is lightweight, environmentally friendly, 100 percent dust-free, and effectively eliminates odors and bacteria.
Hygienic sponges are nutrient enriched to care for your dog's skin. These sponges deliver a flea retardant treatment and are proven to reduce dander.
http://www.dicontechnologies.com
Interesting, this IS the OWNER of the Sponge patent SPNG utilizes/options from DICON :
http://www.dicontechnologies.com/
Dicon's patented and unique technology combines a water phase (up to 400 percent) with a prepolymer. The water reacts with the prepolymer to form hydrophilic urethane foam. This Hydrophilic Urethane Foam is significantly different from conventional foam, where less than 1 percent of the formulation is water.
Due to the fact that our revolutionary foam can be produced with up to 400 percent water to prepolymer, this allows for the addition of many different
water-soluble ingredients to be added to the water phase. These ingredients become part of the water-based membrane and can be released over time by moisture, heat, and pressure. This patented technology allows for a unique delivery system to reach the consumer in a handy, easy to use, and safe format.
Utilizing Dicon's patented technology allows for the addition of soaps, detergent Car Wash and Wax, Pharmaceuticals -- the list of possibilities is endless!
Products can be formulated with varying cell size, softness, density, resilience and color. They can be molded into different shapes or cast in rolls and die.
Established in 1975 as a product development and package design firm by Celia, Dicon's original products included specialty foams used for cosmetic applicators and medical wound care dressings. Through continued development and adaptation, Celia discovered the advanced technology used in the Dryz® family of products. Today, Dicon is recognized as an innovator in product development, setting new standards and creating products with far-reaching implications throughout multiple industries.
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Shortable Stocks for United States
Sat, 21.Feb.09 00:08ES
Symbol Currency Long Name
SPNG USD Spongetech Delivery Systems Inc
Check Availability
Symbol: SPNG
Availability: 4'100'000
Exchanges: ARCAEDGE, NITE, OTCBB, PINK, IBSX
http://www.interactivebrokers.com/en/trading/ViewShortableStocks.php?key=spng&cntry=usa&tag=United+States&ib_entity=llc&ln=#
lol!stocktrades300million in a day! maybe float 3.5BILLION , Maybe, IMO it is HIGHER then 3.5BILLION imo.eom
low.0118
imo buy.009
sell .0125
go large imo
I disagree , we have the Feltang disclosure early 2007, See links below:
Related to the sale of the participating interest in Block 2, ERHC agreed to pay a $3,000,000 cash success fee ($1,500,000 was paid in March 2006 and the remaining $1,500,000 is included in accounts payable at December 31, 2006) to Feltang International Inc., a British Virgin Island company that was responsible for obtaining Sinopec’s participation in Block 2. ERHC also will issue to Feltang 5,250,000 shares of common stock and warrants to purchase 6,500,000 shares at an exercise price of $0.355 per share. The common stock was valued at $4,803,750 (included in accounts payable at December 31, 2006) based on the quoted market value of the common stock on the date Sinopec signed the production sharing agreement.
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Included in current liabilities is also a $1,500,000 finder’s fee accrual due in cash to Feltang and a $4,803,750 liability to Feltang that will be satisfied upon issuance of 5,250,000 shares of common stock.
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http://www.sec.gov/Archives/edgar/data/799235/000114036107002973/form10-q.htm
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WHAT is TODAYS DATE?? 12/2006 + 5sol = 12/2011 correct?
The Nigerian-born Chidolue, according to the SEC filings, is an attorney for Houston-based Chrome Energy and has served as a secretary and director of an affiliate, Chrome Management Services. Chrome is controlled by Nigerian businessman Emeka Offor, according to ERHC's SEC filings.
It is the role of Emeka Offor that ties in the disastrous history of Nigeria’s refineries with corruption at the very top of Nigeria’s oil pyramid and the dubious privatisation of the refineries. Chrome Energy is the majority shareholder in ERHC. The SEC subpoena requires Chidolue to produce documents related to Chrome, ERHC and Feltang International. Feltang International, according to ERHC's previous filings with the SEC, is a British Virgin Islands-based company that got a Chinese oil company, Sinopec International, to sign a production-sharing agreement with ERHC to explore in the Gulf of Guinea.
Feltang was paid $3 million in cash, along with stock and options that last year were valued at nearly $10 million, according to the ERHC filing. The SEC first launched an informal probe of ERHC two years ago, after the Nigeria and São Tomé and PrÃncipe Joint Development Authority awarded ERHC equity stakes in five offshore blocks. In December 2005, São Tomé's then-attorney general called on U.S. officials to investigate ERHC's dealings in the region.
"At every stage," the attorney general said in a report, are suggestions ERHC and Offor "may have made improper payments to government officials." The report cited a $100,000 payment Offor's Chrome made to a company controlled by São Toméan President Fradique de Menezes, and the role of Foreign Minister Mateus "Nando" Rita in helping to renegotiate ERHC's contract while also holding 500,000 shares of company stock.
The SEC launched a formal probe in February 2006, and three months later FBI agents raided ERHC's offices on Westheimer and carted off 118 boxes of documents. The investigators were looking for possible "things of value" paid to officials in São Tomé and Nigeria, an FBI affidavit filed in Houston said. On Nov. 15, 2006, the SEC served Chidolue with a subpoena, court records show. He was ordered to produce documents by Nov. 30 and give testimony on Dec. 7, but he has yet to do so.
On June 1, the SEC went to federal court to force him to comply with the subpoena. He has been ordered to appear in court June 26. The subpoena requires Chidolue to produce any documents regarding "the business activities of ERHC ... including any communications with or payments to any government officials in Nigeria or São Tomé and PrÃncipe." When FBI agents raided ERHC's offices last year, they seized a file labelled "William Jefferson."
Understanding the role of Emeka Offor is the key to understanding an important part of what has gone wrong with Nigerian oil refining.
http://www.ocnus.net/artman2/publish/Editorial_10/Mmecha_Ede_Abughi_Okuko.shtml
this filing should tell us a lot, want to see metal being poured and converted up+.eom
I am not a lawyer or Fed prosecuter, good luck with your opinion of it.eom
I dont know , have YOU seen the evidence?Please post.eom
Yes very Interesting action in Nigerian Oil :
Nigerian oil WILL Flow , this wont last forver , they will bring enough force to root this out in time, imo..
Nigeria punishes Filipinos in oil theft
Wire reports
Thirteen Filipinos were sentenced to five years in jail or a $6,770 fine today after pleading guilty to handling oil products suspected to have been stolen in the Niger Delta.
The military arrested them in November after intercepting a vessel suspected of carrying 12,000 tonnes (94,800 barrels) of stolen crude oil in the delta, the heart of Nigeria's oil sector.
Nigeria is the world's eighth biggest exporter of crude oil but thieves take a sizeable proportion of its output by drilling into pipelines or hijacking barges loaded with oil, theft known locally as "bunkering," according to a Reuters report.
"The accused persons, who initially pleaded not guilty on arraignment, later changed their plea and they were found guilty based on their plea," said a spokesman for Nigeria's anti-corruption police, the Economic and Financial Crimes Commission.
Some estimates say 100,000 barrels of crude are stolen from the Niger Delta each day, about 5% of the country's production and equivalent to around $4 million daily or $1.5 billion a year at current prices.
It is shipped out of Nigeria and sold on the international market. Human Rights Watch has put the amount stolen at two or three times that level.
Last week, the military impounded 22 barges of stolen crude oil in the delta in what it said was its biggest seizure for months.
http://www.upstreamonline.com/live/article172654.ece
Read the thread, I am answering posts, did NOT bring it up.eom
.009 BUY.eom