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yesss.... this should really rock going into drillng !! ! LOL
yes, just waiting as well. No one mentioned this recently, but the more I look the background of Formcap management the more impressed I am... Thise are some BIGSHOTS !! Specially, Thomas Markham, LOL
Thomas Markham, Senior Geologist
Tom is a professional geologist specializing in the evaluation and development of oil and gas plays in the onshore United States. He received his Masters of Geology from LSU in 1976 and then pursued a career working with ARCO, BEPCO, Houston Oil and Minerals, and Tenneco, in technical positions of increasing responsibility. During this period, Tom as an individual geologist and as part of exploration and development teams discovered and developed more than 75 million net equivalent barrels of oil. With increasing budget and managerial responsibilities, Tom managed geoscience teams of up to fifteen graduate professionals with budgets of from $11 to $23 million. Along with managerial skills, his geoscience specialties include well survey (“logs”) analysis and interpretation, evaluation of depositional and diagenetic systems, seismic — stratigraphic application to the exploration and exploitation of hydrocarbon reservoirs, and definitive risk/reward economic evaluation of oil and gas projects.
He has recently acted as Chief Geologist in charge of the supervision and generation of a 21,000 acre Pennsylvanian gas play in the Permian Basin. In Oklahoma, Tom was instrumental in play development and directed negotiations with the Osage Tribe of Oklahoma for drilling rights on 57-quarter sections (9,120 acres). He has been an independent oil and gas geologist managing project generation and evaluation for various industry and non-industry groups primarily in the Mid Continent.
Tom has successfully drilled and completed proprietary prospects (while providing the supervision of seismic, leasing, drilling, completion, and production activities) of 88 oil and gas wells (to 10,500’) in Texas, New Mexico, and Oklahoma. He was the generating geologist of a 5 TCFG overthrust play in Central Texas, he finalized a New Mexico San Andres stratigraphic play (50 to 100 MMBO at 4,000’) and a Permian Basin Devonian structural play. He has managed the screening and evaluation of Springer – Atoka sub-basin prospects of the Anadarko Basin (3-D).
Tom has been published in the American Gas Journal and he has been invited on a technical tour of the former Soviet Union to review oil and gas assets. He was also guest speaker at the American Association of Petroleum Landman’s (AAPL) “Buying Oil and Gas Properties” seminar.
yes, sure. And when oil flows, it´ll hit 10 bucks no problema. lol
yipeeeeeeeeeeeeeeeee !!!! oil is gushing as we speak !!!! LOL
failed pump job....
drilling???? Rolfmao
NO bottom in sight...
The only thing they are going to hit is jail if caught by SEC....
Nice going today again...must be another buying oportunity, uh?
What a bunch of balloney. The only reason volume is up is because of dumping from the new round of toxic financing which basically is a green light to dump the sucker at anything above 6 cents. Anyone pretending this is due for a big bounce is a financial terrorist waiting to claim their check. Give it a rest. Go home! Enough people hurt already with this gigantic pump & dump Scam....
Short squeeze goin on?
2 cents you mean? this POS is not worth even 0.002. Anyone buying should have its head examined...
Anyone knows about what time will earnings be released?
PEIX: shaking the tree before great reléase IMHO
Isn't BEFAR cream being sold in Asia basically the same as Vitaros? Looks like it can be ordered online so we can do some DD with it? lol
http://www.osakado.org/detail/000006_befar.html
Ready for another 50-1 rollback and print 100M more shares you mean? Will take some time but it will get there....
Dropping like a rock. PP must be coming? I wonder what Gary Wine is doing in this. Grabbed a few for fun
Yeah, exciting stuff!!! What's the name of the mum and dad operation and which only exists on Formcap's press realeases anyway?? Kerr & Keppla? Mum & Daddy?? LOL
West Coast ethanol $2.215,Corn for March delivery $4.29 a bushel in Chicago,One bushel makes at least 2.75 gallons.
Under this formula I get a margin of 65c, how come Valero have 1 buck gross margin per gallon?
kel3, thanks for all the posts !!!
kel3: Do you have the same figures for the previous quarter for VLO and for GPRE ? Should enable for an interesting comparison for upcoming earnings of GPRE next week....
Thanks. To be brutally frank I know jack about ethanol. I just bought in small for the first time as I had missed the run and was expecting a sell off like today's. Like Stockpeeker, I couldnt help to feel something is going to go terribly wrong once I step in.... LOL
More to add to your concerns on Ethanol
Prices Tumble on Stock Rebuilding
The latest EIA data released Thursday morning confirmed what the market shifts saw through the week as ethanol futures tumbled 8 cents per gallon in the last two trading sessions, and more than 12 cents per gallon in less than a week.
Ethanol production at the end of last week increased 4.3%, accounting for a 1.5 million-gallon-per-day boost in production. This new level put total production at 38 million gallons per day. This is a 14.3% increase from levels seen last year at this time.
Total inventory levels of ethanol moved to highs seen last July with a total stock level of 714 million gallons on hand to handle current and future needs. This is a 5.8% gain in stocks in just one week, which indicates that additional gains may continue to develop if production stays on the current course.
Even though at this point ethanol markets are not focusing or even concerned about renewing fears of an "ethanol glut" the rapid increase in production and stocks is creating longer term concerns. If ethanol production moves closer to capacity levels through the spring and early summer before demand ramps up, there will likely be additional aggressive price pressure.
Any price pressure, even if corn prices remain stable, will significantly reduce margins. This could put plants into unprofitable territory once again and renew the pattern seen during the last two years. It is likely that production and inventory levels will move in a wide range before any major shifts are seen in producers changing the focus from production growth to a sustainable level of production.
Rick Kment can be reached at rick.kment@dtn.com
Certificates will make for great toilet paper in the end.
To sue FRMC board? ROFL
Never
This POS approaching true value again.... stil l4 cents overvalued till reaching fair valuation
A new round of unsuspecting vistims you mean?
Yes...another nice move from the unsuspecting retail sheep to the profesional penny stock scammers you mean ?
I get you. Today is bouncing too from 19 cents, but nevertheless it is down 4 cents or 15% on its way to true value: 0
What bounce? It was down for the day, AGAIN. Yeah right, 1 buck. A POS company with no assets is worth 100M... Shame on you!
ROFL
These guys should all be jailed
During the year ended December 31, 2012, the Company issued new shares as follows:
On October 1, 2012, the Company effected a 1 for 50 reverse stock split. All references in these financial statements to number of common shares issued and outstanding, price per share and weighted average number of common shares have been adjusted to reflect the stock split on a retroactive basis, unless otherwise noted. The Company’s authorized preferred stock and authorized common stock remain unchanged.
Prior to the reverse stock split, the Company had 100,788,607 common shares issued and outstanding. Immediately after the reverse split the Company had 2,038,240 common shares issued and outstanding, including 22,467 common shares issued to various shareholders as a result of rounding. The rounding shares were not issued for compensation and have no net effect on owner’s equity.
During the nine months ended September 30, 2013, the Company issued 89,999,998 Common shares in settlement of debts owed by the Company (see Note 10).
NOTE 10 – DEBT SETTLEMENT
On May 16, 2013 the Company settled debts owed to related parties in the amount of $50,000 by the issuance of 50,000,000 Common Shares. The Company recorded a loss of $2,555,000 on this transaction.
On May 20, 2013 the Company settled debts owed to related parties in the amount of $375,000 by the issuance of 39,999,998 Common Shares. The Company recorded a loss of $1,709,000 on this transaction.
Look at last 10-Q
Of course, it's all obscene profit for those 96m shares issued below 1 cent. What did you expect? Anyone long this crap deserves to have all his money wiped out.
Decent chance at 1 cent you must mean
P&D, the oldest trick in this business. The German newsletter that was pumping this crap ran out of morons in Europe to sell to.
Pump & Dump
I hope it breaks out here. About time little INA gets some respect. I was buying INA as early as August 12 at 36 cents and December 12 at 38c, so getting close to a 2 bagger on those earlier purchases, but obviously it has still long way to go.
here´s value mogul Michael Irwin, INA´s largest shareholder:
http://watch.bnn.ca/clip1053626#clip1053626
We, along with our scientific advisers, believe that shareholder interest will be best served by advancing Femprox in the U.S., only after this decision by the FDA, regarding this FSD product is known, which we expect to occur around year end.
Anyone know which product they are refering to?