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Always just a week away!
Alittle history lesson ..this is a letter from Wayne Anderson
What has he done since...this is the group your probably dealing with here...
June 27, 2007
Wilon Resources, Inc.
Harry Thompson, President
3875 Hixson Pike
Chattanooga, TN 37415
Acquisition Proposal of $.93/share for Wilon Resources, Inc.
Dear Mr. Thompson,
This letter is not meant to attack you nor the Board of Directors. It is a simple plea to allow the Company to be managed on a day to day basis by a group more devoted to shareholders. Since our last offer to acquire all outstanding shares of Wilon Resources, Inc, you have elected to keep the channels of communication locked not only to our group but all shareholders as well. I am not sure what it will ever take to break this silence. At his time, we are submitting a cash offer to acquire all of the outstanding shares of Wilon Resources, Inc for $.93 per share. This proposal translates to a total purchase price of $14,628,745 based on the same number of shares outstanding in our last offer of 15,729,834.
While we certainly feel that the stipulations outlined in our March 13, 2007 offer are justified, we are willing to concede several of these to help expedite this acquisition. A few of the points we are steadfast upon include:
1. Harry Thompson, the entire Board of Directors, and all personnel return and dissolve any shares issued outside of those on record in the January 12, 2007 Form 10 filing.
2. The 176 acres purchased by Mr. Thompson through Harlis Trust, titled as Hattens Creek Butler District document #312968395 in the Wayne County, WV county documents, shall be transferred back to the Company with a clean title. The Amine plant housed on this acreage shall be solely owned by the bidding group upon closure.
3. All wells that Wilon Resources, Inc maintains any percentage of equity ownership within the states of West Virginia and Kentucky must be reworked, repaired, or blown out prior to closure. In summary, all wells and the gathering systems responsible for delivery must be in good repair, in proper working order, and in compliance in the states with which they are producing.
4. All stock in Wilon Gathering and B.T.U Pipeline shall be transferred to the bidding group upon closure. Both companies shall be debt free at the time of closure or Mr. Thompson shall pay off all debts prior to the transfer of said stock in both companies.
5. The connection between Wilon Gathering/Wilon Resources and Columbia Natural Resources and/or Columbia Gas Transmission shall be finalized and operational.
6. The pipelines owned by Wilon Gathering and/or and other Harry Thompson entity, within the states of West Virginia and Kentucky, shall be completed and operational
7. The bidding group shall be given 60 days from the date of execution of the formal acquisition agreement for due diligence.
We do not feel that any of these stipulations are extraordinarily burdensome. In fact, many of these items are what shareholders have been promised over these past two years while the Company remain shut-in. We are free to discuss any of the items mentioned in this letter, or anything you feel may be pertinent to complete this acquisition.
We ask that you reply to our offer within a reasonable time. This offer will expire on July 9th at 5:00 pm EST. Once again, if you feel a face to face discussion over the proposal will assist in your decision please know that we will be more than willing to honor this request.
Sincerely,
/s/ Wayne Anderson
Wayne Anderson
As Managing Member
Around the Clock Trading and Capital Management, LLC
General Partner of Around the Clock Partners
He is a busy CEO ...has ALOT going on that is of interest!
http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=22673565
I would like to give a shout out and say good morning Chuck..
Enjoy the read here!?
http://www.bloomberg.com/profiles/people/17446044-chuck-kretchman
Think about what his claimed group is here to do...
Then ask yourself...what real revenue is coming in to this ticker and from where..
Re: happycampers Post# 70941
740 millions accumulated by a group just got confirmation about it. wow this is a lot, so if many shares are lock up like this, we could have a run with less then 50% of the float available
About a year ago...
How's that Canadian Summer?
http://www.nasdaq.com/symbol/axcg
Sure it has a stop sign by now, or soon
We will then...ill be around to read it with ya!
Seems we have nothing better to do ...right!?
So you agree, no progress right now, maybe later!
Ya might want to call- The Great Chris Carey and ask him what he has in store if anything..
Give me some of that great DD ..and not talk and post some real facts and numbers and show me progress, instead of regress here...
I can just point to the upper left of this page, and say in 5-8 yrs debt is higher, A/S higher, profits a tickle if that, so should I go on...just show me some progress thats all I ask..
Still a stop sign, no finished permits, selling oil equipment, no MJ vending machines, where is that superstore again??
Come on - this is rediculous!
I have know idea....no news in well over a year in a half, thought this would be delisted by now for sure...and destined for a r/s if looking to start anew???????
Flat line!
I don't know if I would say huge...$1700.00 total for the trade day...but better the anything recent
Next week!
2.5 yrs and Wayne finally lost this one of course ..he couldn't ignore any longer
https://www.docketalarm.com/cases/West_Virginia_Southern_District_Court/3--13-cv-30435/Scruggs_v._Anderson/
Integral to the Agreement between Sylios and Greenscape, are cross-consulting agreements. The parties will be compensated in stock for these services, resulting in an investment in Sylios by Greenscape and vice versa. Greenscape will be issuing restricted common stock to Sylios Corp. and Sylios will be issuing to Greenscape shares of restricted common stock. Greenscape shares issued to Sylios will be restricted from public sale for a period of one year, which should allow for production and deployment of the automated cannabis dispensing units.
Year about up
Most of this is BS, and has big holes in it..
http://www.stockhouse.com/news/press-releases/2015/05/21/sylios-corp-updates-shareholders-on-operations
What progress...list it!
How that stop sign....lol...still waiting for tomorrow?
First off you didn't invest if you made money...you flipped it often or you were a toxic lender, and dumped shares...seeing you mode 6 boards and been a member here for awhile...I'm sure it wasn't your first purchase...
Buy the way did ya know about Chris Carey closing shop before it happened?
Just a question for ya....
That's what ya call nice volume....wow...lol..lol
Week to week, or month to month....you can even go year to year...all the same...
Same as it is right now
I haven't seen anything...but that's not something you want getting out...he is stuck, with no good direction left..
Lol...lol...that may work in places you can sell...there is no out here...
Don't get in if ya can't get out..
Maybe he should hire a secretary ...so he can get to business ...cause obviously emails have hindered his progress for last 5 years...
No multi tasking here...lol
Agreed.....they will move to another milk cow soon...this ones on the verge of complete collapse or R/S..he has no choice left!
Or pro- Bono legal will catch up with him...just saying
End of day, or tomorrow , would be in my opinion a GREAT time for real news and update from company!
That's part of being un-audited..lol
But anything possible- if the group of friends pay for a PR to try and pump once again...
I certainly agree with that...maybe a 1/100- but more likely a 1/500 seeing how this ended!
Next week ..aye-aye!
Hey Abe...
Are they still working on that dark/defunct sign?
http://content.equisolve.net/sylios/media/4a1223b8c29e1d1dfceb8145fd7a22d5.pdf
I agree...good luck to you as well!
No bid, stop sign, up to ears in toxic debt, delays and stories, little to no revs....8 yrs of promises about what's going to happen need week, no bud bank, all ventures shut down ...hanging to the cover of Sylios...a few legal issues..
I'm sure this ticker is about to pop! For sure!
Can't argue with you on that!
Next week, I'm sure of it!....isn't that right gentlemen!?
I know what the buy ( sell ) was for...my point was this is going nowhere no mater the volume of Cheers, coming from the Peanut gallery!
When ya sell under .0001 the day before...I wonder who's able to do that...? kinda makes the $130 spent here today and the (900%) look good ...
Maybe it's part of the share buyback program here!
How's is that working out by the way?
Nothing new here....a partial cut and paste job from part of 9 + accesswire news releases (pumps) over the last year that haven't come to fruition, or raised revs / moved bid here...
Looks to be Getting desperate for news here
Go UNGS!....I mean be sure to stop at the "Stop" sign!