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OT Howard Stern to Get $220M in Sirius Stock
Thursday January 5, 6:14 pm ET
Sirius Satellite Radio to Give Howard Stern 34 Million Shares of Stock, Worth About $220 Million
NEW YORK (AP) -- Sirius Satellite Radio Inc. will give Howard Stern 34 million shares of stock -- worth about $220 million at today's prices -- because the company has met agreed-upon targets for gaining new subscribers under its 2004 deal with the shock jock.
ADVERTISEMENT
In a regulatory filing Thursday, Sirius said its subscriber count as of Dec. 31, 2005, exceeded the target it had agreed upon with Stern in October 2004, when it made a five-year deal with him.
At the time, Sirius said its deal with Stern would be worth about $100 million per year beginning in 2006. The 34.4 million shares were worth about $110 million then, but the stock has roughly doubled. The increase has given Stern a windfall of about $100 million to date.
Stern begins his new show on Sirius on Jan. 9, having left his longtime employer Infinity Broadcasting, which has been renamed CBS Radio, a unit of CBS Corp.
Last month the former president of an accounting firm that Stern used pleaded guilty to insider trading in Sirius shares before the news of Stern's move to Sirius was made public. Gary D. Herwitz, 50, formerly of Mahoney Cohen & Co., faces up to 16 months in prison at his sentencing in March.
Sirius and its rival, the Washington, D.C.-based XM Satellite Radio Holdings Inc., have been spending heavily to line up programming and lure in subscribers to the paid radio services, which work around the country and carry more than 100 channels of commercial-free music as well as talk programming. Both services cost $12.95 per month and require special radio receivers.
New York-based Sirius didn't say what subscriber target it had agreed to with Stern, but it also announced Thursday that it finished 2005 with more than 3.3 million subscribers, compared with 1.1 million at the end of 2004. XM said Wednesday that it now has more than 6 million subscribers.
Separately, Sirius also announced Thursday that it would start a new 24-hour Playboy-branded channel early this year with Playboy Enterprises Inc. that will include live call-in shows, talks with Playboy founder Hugh Hefner and broadcasts from the Playboy Mansion.
Shares of Sirius rose 3 cents to close at $6.39 Thursday on the Nasdaq, while XM shares fell 55 cents, or 2 percent, to close at $27.29.
http://www.xmsr.com
http://www.sirius.com
Pennypicks are we next in line?
SNYY - OIL? oil companies from AMER?
(Amerossi Energy Corp)
(TORONTO--(MARKET WIRE)--Dec 5, 2005 -- SUNCREST ENERGY (Other OTC:SNYY.PK - News), which specializes in oil and gas exploration and drilling has completed negotiations to acquire 100% of a Russia oil company from the former Soviet Union - Alba-Oil from Amerossi Holding Corporation)
Click on the pdf documents for more info
Download related pdf document
If so - here is some old related news
http://www.emfi.biz/press_releases.asp
EMFI and Amerossi Energy have teamed up to procure new API-certified drilling rigs from Russian company Uralmash to be provided to U.S. drillers, upstream operators, and other industry participants in the U.S. Rocky Mountains.
08-Dec-05
Amerossi Energy--EMFI Hired to Sell Russian Drilling Rigs
Amerossi Energy Corp (Amerossi) has retained Emerging Markets Finance International LLC (EMFI) to sell drilling rigs to U.S. drilling companies, oil & gas upstream operators, and other industry-related entities that will be manufactured by Uralmash-Drilling Equipment of Russia. Uralmash is Russia’s leading manufacturer of heavy drilling rigs, and a significant producer of drilling tools. Major customers include Gazprom, LUKoil, TNK-BP, Surgutneftegaz, Burgaz, Sibneft, Rosneft, and Tatneft. More information about Uralmash can be found at http://uralmash.ru/buro_e.htm. All of the these rigs will be API certified (the only drilling rig manufacturer in Russia that has that certification), and most of the rigs will use engines and other critical equimpment made by Caterpillar or GE, so the availability of spare parts should become less of a problem. Amerossi has the capability to supply at least 2 rigs per month with construction and delivery time of less than 6 months. Amerossi also has established an arrangement with Russian oil & gas company Tatneft to provide drilling rig crews, if necessary. Drilling rig specifications, and the proposed terms and conditions of sale, lease, or procurement, are available from EMFI’s Denver, Colorado USA office by contacting Mr. John Works, Managing Director, at Phone: +1.720.932.8866, or Email: johnworks@emfi.biz.
15-Nov-05
Grand Junction Daily Sentinel--Russians Want to Help Drill the Piceance
Download related pdf document
With Chinese drillers working in western Colorado, Russians want into the rush to drill for the natural gas in and around Western Colorado’s Piceance Basin. Amerossi Energy Corp., with offices in Moscow and Woodland Hills, Calif., can deliver rigs and crews to the Western Slope by mid 2006, said Greg Rubin, CEO of the company, which is associated with Uralmash-Drilling Equipment, a leading manufacturer of heavy drill rigs and tools in Russia. Amerossi, (www.Amerossi. com) is gearing up for its American venture with a Russian oil company, Tatneft, (www.tatneftjsc.ru) which is listed on the New York Stock Exchange and headquartered in the Republic of Tatarstan, Rubin said. The Amerossi board includes a Colorado resident, John Works, Managing Director of Emerging Markets Finance International LLC, based in Denver, Colorado USA.
Yes Socal and I
Would rather see this stradegy than another aquisition by JPHC at this time. Makes more sense to me
*********************************************************
Being set up for an acquisition. The less shares that are out there, the more cash we get when acquired.
OK analyzer
JPHC FWIW -
WARNING!!! CANNOT VOUCH FOR THIS BUT IT MAKES SENSE TO ME!
By: dogcatcher17
05 Jan 2006, 09:19 AM EST
Msg. 23351 of 23396
Jump to msg. #
JPHC: The rumors I have been hearing I now fully understand. I have been hearing that the Company has been in talks to be acquired. The first step seems to be that the Company is going to be doing a stock buy back to enhance the stock price. This is so that the deal can be made at a much higher stock price. The Company has the money to do such a buy back. Macro is a much bigger deal than anyone can imagine. I expect to make a home run on this stock this month.
OT analyzethis OK
Todays PR IMO is the beginning of a good start for JPHC, next will be news for us FCDH stockholders. Both of these stocks have great potential IMO. One is mainly into VOIP (JPHC) the other FDCH has the entertaiment sector. Both sectors are Hot IMO.
OT analyzethis are you
In JPHC, I have been for quite some time now.
I also saw on Lou Dobbs
That Russia is overusing their clout in Europe with Natural Gas Distribution.
Russia is the 2nd major producer and distributor in the region. I see this as good for Suncrest and our divy. Pressure will be put on Russia to loosen up control IMO.
Howard Stern Clout
Howard is going to be on the air 9EST with Larry King to discuss his new talk show. Now I do not care for either Stern or King, but to get attention is what it is all about. How about Sandy doing an interview with Larry King?
Nothing ever works the way
You want it to. If it does your LUCKY unless your a MM.
**************************************************************
Just a thought...anyone want to try this?
I was thinking that if there is a major dump due to those who just wanted the SNYY shares, it maybe a good idea to sell as well.
Lets say this week the PPS goes up to .001 and closes there on Friday. Well, set a sell for first thing Monday morning and capitalize your profits. Now sit back and let it dump maybe down to .0003. At this point re-buy, thus increasing your share holding above what you had last week.
This is fine IF you realize a nice gain this week and there is a dump down to perhaps .0003. Its a gamble, but an interesting one.
I also think that just after the dump (if there's a dump)begining next Monday, Sandy would also maximize the cost effectivness for the 1 Billion buy back.
If Sandy is contemplating this...I think it would be good to hold any news until after his buy back.
GLTA!
Of course, IMHO and this is not advice!
In January and by at least February, NASD Rule 3360 will be in affect.
http://www.nasd.com/web/groups/rules_regs/documents/rule_filing/nasdw_015047.pdf
Sign up on the Petition on Naked Shorting
www.investigatethesec.com.
E-Mails don't you think
The CEO has better things to do like run a Company rather than read e-mails that are answered in all the past PR's and SEC filings that are posted right on this board today by Rasica. Man get a life and wait for News to come.
Sign up on the Petition Naked Shorting
www.investigatethesec.com.
Welcome Mike Allotti
The next Siruis if FCDH
**********************************************************
Gday fcdhers, Greetings from the rowing deck.. My name is mike. You can call me mike. I have been lurking for a wee little bit. I own 3.1M to date. I live in the states. I concur with the prevailing opinion in regards to the US play in that it will be Huge!
I am honored to be in the company of so many truely wise investors. GLT us all. here is to .06 in 06. LOL
Mike
Dave_007 Glad you like my Idea, Howard Stern
No matter what anyone says will draw an audience. That is what this is all about getting name recognition and an audience. Glad to see you e-mailed Sandy on the idea.
************************************************************
Posted by: Dave_007
In reply to: same53 who wrote msg# 13013
Date:12/30/2005 1:03:10 PM
Post #of 13227
Same53..wow..I do like your thinking..
man..Stern would LOVE to be associated with TFN..
U talk about a NATURAL combination..WOW..
and I guess you know SIRI dang near doubled and
jumped to $9 on
that Stern news they had last spring
or whenever it was..
think i made a trade or two on that PR..
I just KNEW SIRI would pop..
Just bought .0007, why because
I beleive that FCDH has the makings to be another Siruis which was not suppose to make it. Now, Howard Stern is with Siruis and who knows Howard may be here at FDCH as well in the future.
Good for us breen12 and SNYY
As long as we stay friendly.
Kremlin reasserts control of oil, gas
Russia, the world's second-largest oil producer, sees energy as a key foreign policy tool.
By Fred Weir | Correspondent of The Christian Science Monitor
MOSCOW – Call it PetroKremlin. A vast state-run energy conglomerate has been assembled over the past year, some experts say, to fuel Russia's bid to revive Soviet-style great power status.
To date, the Kremlin has effectively renationalized almost a third of the formerly private oil-and-gas sector. Other developments also point to growing state ambitions:
Reporters on
the Job
The Monitor gives the story behind the story.
In the Monitor
Wednesday, 12/28/05
• A $15-billion Siberian pipeline, due to begin pumping in 2008, will shift Russian crude exports to Asia, particularly China, where Moscow is cultivating fresh strategic relationships.
• A 737-mile gas line being laid under the Baltic Sea will cut out middlemen Ukraine and Poland, whose relations with Moscow have recently soured, while locking in Russia as Western Europe's key energy supplier.
• State-run Gazprom has teamed up with several foreign partners to develop a vast Barents Sea gas field whose production, converted to liquefied natural gas (LNG), could begin supplying the US market by 2010.
• A long-delayed law on subsoil resources, to be passed by the Duma next year, is expected to ban foreign-owned companies from exploring or developing Russian oil fields and other key mineral resources.
"Amazing changes are happening swiftly, because Putin has understood that energy is Russia's key card to play at the international table," says Michael Heath, a political analyst with Aton, a Russian brokerage. "Instead of the military force the Soviet Union used to project its power, Russia is using oil as a major tool of foreign policy."
Russia is the world's second-largest producer of petroleum - about 8 million barrels of crude per day - which accounts for nearly 40 percent of the country's GDP. Spiking global oil prices over the past five years have wafted state budgets into the black, fueled a modest economic boom, and enabled the Central Bank to rack up reserves of $170 billion.
But far beyond taxing windfall energy profits, the Kremlin has moved to take over the industry. Russia's third-largest oil firm, Yukos, was dismantled in parallel with the prosecution of its politically defiant owner, Mikhail Khodorkovsky, and its main production units gobbled up by the state oil company Rosneft. Earlier this year, the government took a controlling 51 percent stake in Gazprom, the natural-gas giant that holds a quarter of the world's reserves, and Gazprom paid $13 billion to purchase Russia's fifth-largest oil company, Sibneft.
Sibneft, now effectively state-owned, moved this month to purchase a 25 percent stake in the huge Lopukhov oil field, on Russia's Pacific coast, formerly held by TNK-BP, a Russian-British joint venture.
"Now the state directly controls about 30 percent of petroleum production in Russia and the big question is, how much more will it take?" says Valery Nesterov, an energy expert with Troika Dialogue, a Russian investment bank. "This is a big cause of concern for Russian and foreign oil investors."
In the short run, the Kremlin's oil grab may have damaged Russia's energy prospects, Mr. Nesterov says. Growth in oil production has plunged from an average 9 percent in Putin's early years to just 3 percent this year. Exploration has virtually ground to a halt, as both foreign and domestic investors wait to see what the new rules of the game will be. Inner-Kremlin squabbling appears to have halted a planned merger between Gazprom and Rosneft that would have created a gargantuan state-run petroleum conglomerate.
Tightened state control could prove good news for foreign investors who want a piece of Russia's oil pie but don't insist on controlling rights. Up to 49 percent of Rosneft may soon be sold to outside investors, to raise cash to repay $7.5 billion the state borrowed to acquire a majority stake in Gazprom. Curbs on foreigners seeking to buy shares in Gazprom will also soon be lifted, experts say.
"The new rule is that not less than 50 percent must belong to the state," says Nikolai Nikitin, editor of Neftegazovaya Vertikal, a Russian petroleum industry journal. "No longer will private companies be allowed to get fat from Russia's mineral resources."
Experts say the Kremlin aims to blunt international criticism of its takeover of the energy sector by offering a few symbolic management positions to prominent foreigners such as former German Chancellor Gerhard Schröder, who has reportedly agreed to head the new North European gas pipeline project, which will carry Russian gas directly to Germany. Earlier this month, Putin personally offered former US Secretary of Commerce Donald Evans the post of Rosneft chairman, a job Mr. Evans turned down.
Putin has appointed some of his top aides to run the Kremlin's newly acquired empire.The daily Nezavisimaya Gazeta estimated earlier this year that seven people from Putin's inner circle now control nine state companies with total assets of $222 billion, which is equal to 40 percent of Russia's GDP.
Some experts argue that the unregulated "oligarchic" capitalism of the 1990s brought on a public backlash and made the state's return to economic intervention necessary. "Many private oil companies were not serving the national interest, and those mistakes had to be corrected," says Nazit Boikov, an expert with the official Institute of World Economy and International Relations in Moscow.
Others allege that a new Kremlin elite is simply helping itself to Russia's riches, much as the oligarchs of the past decade did. "Just ignore all that rhetoric about returning resources to national control," says Stanislav Belkovsky, director of the independent Center for National Strategy. "A certain group of people are using nationalization as a mechanism to enrich themselves; that's the bottom line."
Last week Kremlin economic adviser Andrei Illaryonovslammed what he called the transformation of Russia into a giant corporation. "The main outcome of this year is the formulation of a new corporatist model for political, economic, social, public, and international life," said the outspoken Mr. Illaryonov, who Tuesday offered his resignation. "Until recently, no one put any restrictions on me expressing my point of view. Now the situation has changed," the Associated Press reported him as saying.
While there may be confusion over the long-term domestic impact of Putin's policies, there seems little doubt that direct control over Russia's vast petroleum resources offers the Kremlin substantial foreign-policy clout in an increasingly energy-starved world.
At a meeting of the Association of Southeast Asian Nations in mid-December, Putin pledged to ramp up oil deliveries to Asia, from the present 3 percent of Russia's total exports to 30 per cent by 2020. In a joint statement, leaders of the 10-nation group pledged to build a "comprehensive partnership" and boost trade and security cooperation with Russia. A new Siberian pipeline should start pumping crude in 2008, with early deliveries going mainly to China.
"Russia has been seeking a more active role in the Asia-Pacific region, and it's been recognized that only oil that can facilitate this," says Yury Sinyak, head of energy studies at the official Institute of National Economic Forecasting in Moscow. "It's an open question whether Russia actually has enough oil to fulfill all the political promises."
If the Kremlin is demonstrating that energy supplies can be dangled like a carrot, it has also realized they can be wielded like a stick. Ukraine, which broke free of Moscow's orbit in last year's "Orange Revolution," was hit last month with more than a quadruple price hike for natural gas supplies - from $50 per 1,000 cubic meters to $230. Kiev has protested that it cannot adjust to such a rapid price hike, but Gazprom has threatened to shut down gas deliveries to Ukraine on New Year's Day if it doesn't comply. Ukraine announced Tuesday an agreement had been reached but a Gazprom spokesman in Moscow denied the claim.
Meanwhile Belarus, Moscow's most loyal former Soviet ally, has contracted with Gazprom to pay just $46 per 1,000 cubic meters of gas.
SOURCE: US DEPARTMENT OF ENERGY; RICH CLABAUGH - STAFF
OT CuttinRog I do not own any
Outstanding Shares: 12,327,193,050 as of 2005-08-09
GWGO -- Great West Gold, Inc.
Com ($0.0001)
Address:
245 Park Avenue
39th Floor
New York, NY 10167
USA
Website: http://www.greatwestgold.com
Phone: 212-672-1878
Business Description: Not Available
State of Incorporation: WY
Officers:
Richard Axtell, Pres., CEO, & CFO
Outstanding Shares: 12,327,193,050 as of 2005-08-09
Estimated Market Cap: Not Available
Current Capital Change:
Stk. Div.=25%
Ex-Date: 2005-08-09
Record Date: 2005-08-01
Pay Date: 2005-08-08
Dividends:
Company Notes:
Formerly=Adven, Inc. until 1-04
Formerly=West Africa Gold, Inc. until 11-04
Note=3-31-05 company is in the exploration stage
Class Notes:
Capital Change=shs increased by 10 for 1 split. Ex-date=05/18/2004. Rec date=05/10/2004. Pay date=05/17/2004.
Capital Change=shs decreased by 1 for 10 split. Pay date=06/03/2003.
Capital Change=Stk. Div.=25%. Ex-date=03/18/2005. Rec date=03/16/2005. Pay date=03/17/2005.
Capital Change=Stk. Div.=20%. Ex-date=11/04/2004. Rec date=11/08/2004. Pay date=11/12/2004.
Transfer Agent:
Computershare Trust Company, Inc., Golden, CO 80401
The information provided here has been obtained from publicly available sources as well as directly from issuers
Thanks Daytrader1 see if it goes through
T
Investing 101 - May 2, 2005
- Pink Sheets CEO Calls for Reform in OTC Stock Market
by Mark Faulk
"I am writing to alert you of a very important rule change that is needed to improve the marketplace in your company's stock. I need your help to make regulators turn on the lights and protect investors from the menace of hidden short selling in the OTC market.
And I hope that, after reading this letter, you will take the time today -- or as soon as you can -- to contact the SEC and voice your support for this needed rule change."
So begins an open letter from R. Cromwell Coulson, Chairman and CEO of the Pink Sheets, in which he joins the fight against corruption in the stock market by calling for OTC companies and their shareholders to petition the SEC and NASD to change short selling disclosure rules to include OTC and pink sheet stocks. He has asked companies and investors to send an email or letter to the SEC and NASD and "voice your support to the SEC for the Pink Sheets' Request for Rulemaking Regarding Member Records of 'Short' Positions and Reporting and Public Dissemination."
In the letter, which was issued today, Coulson says, "As Chairman & CEO of the Pink Sheets, I know perhaps better than anyone the importance of improving the Pink Sheets and OTCBB trading. And I know the devastating impact that small companies face when their market is tarnished by the threat of manipulation.
There is a crisis facing the OTC market today in the lack of short sale position reporting and disclosure for OTC issues. This lack of transparency regarding short selling in the OTC market allows fraudulent acts to go undiscovered and manipulative short sellers to hide.
I believe regulators should fix the problem. Small issuers traded on the Pink Sheets and the OTCBB deserve the same transparency and regulatory oversight of short selling as those listed on Exchanges or NASDAQ."
According to Coulson, "Pink Sheets has petitioned the SEC to cause the amendment of NASD Rule 3360 and require NASD broker dealers to maintain a record of total "short" positions in all customer and proprietary firm accounts in all publicly traded equity securities as well as report this information to the NASD for public dissemination of the short positions by security. The SEC's action is urgently needed to prevent fraudulent acts, expose market manipulation, promote fair principles of trade and protect investors."
In an interview with The Faulking Truth today, Coulson said, "Naked short selling is a contentious debate, but I think that anyone on either side of the issue will agree that greater transparency will help alleviate the problem, and those who don't agree are involved in the fraudulent activities themselves. A lot of companies claim to be victims of naked short selling. By turning on the lights through greater transparency, we will very quickly figure out which are and which aren't. The little companies deserve the same protection and transparency as the larger companies. This is a taint that SEC regulators can easily fix through better disclosure."
In his letter, Coulson said that "The only way to succeed in achieving this rule change is through the public outcry of corporate officers and investors demanding the SEC make this needed improvement to the OTC markets, and there is no substitute for your personal voice in this debate. This important rule change is not going to happen if you remain silent.
So please, don't rely on others to get the job done. Write your Emails or letters today. Together, we must win this battle and convince the SEC not to treat the OTC secondary markets for small companies as second class citizens.
Without this rule change your company, your shareholders and securities regulators will be blind to any short selling activity in your stock. The SEC needs to know that the lack of short sale information in your securities is unacceptable and demand they change NASD Rule 3360 immediately."
The Pink Sheets is a centralized quotation service that helps facilitate trading in OTC Bulletin Board and Pink Sheet stocks for broker dealers and investors by providing a real time quote system for the 8,000 companies listed on the OTC BB and Pink Sheets. Although it is not officially affiliated with the NASD, the NASD gets a fee from broker members for each share that is traded, even shares that are sold short and never purchased on the open market, a practice which advocates calling for reform in the stock market say is the equivalent of stock counterfeiting.
Coulson has asked companies to write a letter or email to the SEC and NASD on their company letterhead in support of amending NASD Rule 3360 to include OTC BB and Pink Sheet stocks, and to "please ask others in your company to comment to the SEC, and Email a copy of this letter to your major shareholders, your investment banker, and your trade association. Urge them to get involved, too. Every voice counts in the debate, and yours could be the one that puts us over the top."
--------------------------------------------------------------------------------
You can read the Pink Sheets rule change request in it's entirety at: http://sec.gov/rules/petitions/petn4-500.pdf or http://sec.gov/rules/petitions.shtml
To voice your support to the SEC for the Pink Sheets' Request for Rulemaking Regarding Member Records of 'Short' Positions and Reporting and Public Dissemination (Request to amend NASD Rule 3360): rule-comments@sec.gov with a Cc: copy to:
pubcom@nasd.com
Mail your comments to:
Jonathan G. Katz
Secretary, Securities Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
With a copy to:
Barbara Z. Sweeney
Senior Vice President and Corporate Secretary, NASD
1735 K Street, NW
Washington DC 20006-1500
To comment to the SEC online, use rule-comments@sec.gov with a Cc: copy to: pubcom@nasd.com
To learn more about Pink Sheets, go to: http://www.pinksheets.com/
What are the new Pink Sheet Rules on Jan 6
bigdannyboy454
new pink sheet rules in effect 1/06? is that correct?
Dave_007 on SIRIUS very similar IMO
SIRI-SIRIUS Satellite Radio Passes 3 Million Subscribers
(they'd have 4mill if they had TFN..lol..eom)
**********************************************************
Posted by: same53
In reply to: None
Date:12/23/2005 2:42:57 PM
Post #of 11683
A Comparable Opinion of FCDH
Sirus Satelite radio.
It use to be in the pennies. look at it now. people are signing up to hear Howard Stern coming in Jan of 2006.
Do you see similarities here with FCDH and Sirus? I do.
People want to see and hear programs, they will pay for that service FCDH provides. Everyone said Howard Stern would not make it, WELL?
GOINGUP11 I agree 100%
Russia has one of the BIGGEST OIL reserves in the world.
By GOINGUP11
If that is actually the case there will be a lot of pissed off sellers.
**********************************************************
Posted by: same53
In reply to: Rasica who wrote msg# 11580
Date:12/26/2005 8:44:01 PM
Post #of 11679
Rasica it could be we see
some of the specifics in the deal in the PR. Seems the Russian Company has good value to it. Maybe SNYY has an friends in Russia. We will see, it definitely is Good.
Reverse Takeover - RTO
What does it Mean? 1. The buying out of larger company by a smaller company.
2. The purchasing of a public company by a private company.
Investopedia Says... A reverse takeover is often the cheapest way for a private company to obtain a listing on a stock exchange.
Also known as a reverse merger.
***************************************************************
Please annunciate your logic for your following statement!
"Does sound like a Reverse Merger and potentially over $15,000,000,000 worth of recoverable oil form this region"
Is this a very very good action? Reverse mergers like rwnw, can be very very profitable to shareholders. !
GLTA!!!
Nice SNYY Web Site
Do not know the first oil company Starzan
http://s-crest.com/index.html
**********************************************************
Second oil company? Who was the first? Relationship with Amerossi? Lots of companies and relationships going around.
Rasica it could be we see
some of the specifics in the deal in the PR. Seems the Russian Company has good value to it. Maybe SNYY has an friends in Russia. We will see, it definitely is Good.
Reverse Takeover - RTO
What does it Mean? 1. The buying out of larger company by a smaller company.
2. The purchasing of a public company by a private company.
Investopedia Says... A reverse takeover is often the cheapest way for a private company to obtain a listing on a stock exchange.
Also known as a reverse merger.
***************************************************************
Please annunciate your logic for your following statement!
"Does sound like a Reverse Merger and potentially over $15,000,000,000 worth of recoverable oil form this region"
Is this a very very good action? Reverse mergers like rwnw, can be very very profitable to shareholders. !
GLTA!!!
Does sound like a Reverse Merger and potentially over $15,000,000,000 worth of recoverable oil form this region,
Suncrest Energy Acquires Second Russian Oil Company
Suncrest Energy Monday, December 05, 2005
Suncrest Energy has completed negotiations to acquire 100% of a Russia oil company from the former Soviet Union - Alba-Oil from Amerossi Holding Corporation for common and preferred stock. Located within the limits of North Sorokinskiy license area there are three structures being potential traps for hydrocarbons: Dmitrovskaya, Krutikhinsko-Zhelninskaya and Tikhanininskaya. These areas according to an evaluation done by A.V.Arzhilovskiy, indicates that there is potentially over $15,000,000,000 worth of recoverable oil form this region, based on very conservative estimates.
Related Products
International Petroleum Fiscal Systems and Production Sharing Contracts
Credit Risk Management for Energy Companies
Based on the present share structure of Suncrest this acquisition adds significantly to the value of the company and significantly to the values of the shares of the company.
"Now we that we have acquired the second oil company located in Russia part of the former Soviet Union, we are ready to move to our next target," said David Alexander, Chairman. "This company with its proven reserves adds tremendous value to our company and to our shareholders. We are extremely pleased that we have been able through our relationship with Amerossi Holding Corporation to increase the book value of our shares, giving our shareholders the rewards they deserve.
printer friendly
Suncrest Energy Acquires Second Russian Oil Company
By: dany399
26 Dec 2005, 06:12 PM EST
Msg. 3840 of 3873
Jump to msg. #
OT: Suncrest Energy Acquires Second Russian Oil Company
2005-12-05 09:17 ET - News Release
TORONTO -- (MARKET WIRE) -- 12/05/05
http://at.marketwire.com/accesstracking/AccessTrackingLogServlet?PrId=103033&ProfileId=051205&am...
SUNCREST ENERGY (OTC: SNYY), which specializes in oil and gas exploration and drilling has completed negotiations to acquire 100% of a Russia oil company from the former Soviet Union - Alba-Oil from Amerossi Holding Corporation for common and preferred stock. Located within the limits of North Sorokinskiy license area there are three structures being potential traps for hydrocarbons: Dmitrovskaya, Krutikhinsko-Zhelninskaya and Tikhanininskaya. These areas according to an evaluation done by A.V.Arzhilovskiy, indicates that there is potentially over $15,000,000,000 worth of recoverable oil form this region, based on very conservative estimates.
Based on the present share structure of Suncrest this acquisition adds significantly to the value of the company and significantly to the values of the shares of the company.
"Now we that we have acquired the second oil company located in Russia part of the former Soviet Union, we are ready to move to our next target," said David Alexander, Chairman. "This company with its proven reserves adds tremendous value to our company and to our shareholders. We are extremely pleased that we have been able through our relationship with Amerossi Holding Corporation to increase the book value of our shares, giving our shareholders the rewards they deserve."
Retflyr So since we get the Dividend(ones the bought per PR)
of SNYY it means according to the post below that we SNYY shareholders still have a piece of Terra and Kachina, correct?
http://www.fcahc.com/wtb.html
***********************************************************
26 Dec 2005, 04:25 PM EST
Msg. 3813 of 3815
Jump to msg. #
FCDH sold Kachina Gold Mine & Terra Block to SNYY, so as to invest more into Blackout/The Fight Network.
SNYY paid FCDH from restricted shares for the value of Kachina Gold & Terra Block. The windfall from the sale of these two companys was based upon the value of SNYY shares at the time of purchase. The value of SNYY at that time was $1.20 PPs which equated to approximately $0.20 PPs of all FCDH shares. This was exactly a 6:1 split, IOWs, for every 6 shares of FCDH $0.20 would equal 1 share of SNYY $1.20.
6 X $0.20 = 1 X $1.20
This formula to derive the 6:1 split would mean that if every share of FCDH was to be cashed in on that day, it would have brought $0.20 PPS. However, since they were restricted, this value is not realized and it maybe realized for less or more after the 1 year restriction is lifted.
What does SNYY get out of this? --> They get Kachina Gold Mine and Terra Block with all their contracts.
The windfall/dividends from the sale of both companies was paid to FCDH with restricted shares. This means that FCDHers will be able to cash in their SNYY shares on January 7th 2007 at the value of SNYY at that time.
To date, the SNYY shares have increased in value by $0.30 PPs, which now equates to SNYY $1.50 PPs.
GLTA!!!!!
GOINGUP11 Great Find
http://www.worldtalkradio.com/playlist.asp?SegmentID=14902
Merry Christmas
http://www.kilogramme.co.uk/snowgallery/
Build your own snowman
analyzethis let us know what you find out
Posted by: analyzethis
In reply to: same53 who wrote msg# 11176
Date:12/23/2005 2:50:11 PM
Post #of 11180
I will email Sandy and Mike. GREAT IDEA!
6/6/2005 P 2000000 A $0.0205 142000000 D
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 2. Transaction Date (MM/DD/YYYY) 2A. Deemed Execution Date, if any (MM/DD/YYYY) 3. Transaction Code
(Instr. 8) 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 6/6/2005 P 2000000 A $0.0205 142000000 D
analyzethis Howard Stern
Carries a lot of PR in that mouth. Would be great to see him with the CEO of FCDH in a picture on the Web Site of FCDH.
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Its funny you should mention Howard Stern. I don't know if he was at the TFN kickoff gala a few months back but he sure was at UFC 56 in Las Vegas!! He is a BIG fight fan!
A Comparable Opinion of FCDH
Sirus Satelite radio.
It use to be in the pennies. look at it now. people are signing up to hear Howard Stern coming in Jan of 2006.
Do you see similarities here with FCDH and Sirus? I do.
People want to see and hear programs, they will pay for that service FCDH provides. Everyone said Howard Stern would not make it, WELL?
Good post jccmmbailey
Posted by: jccmmbailey
In reply to: melvinthemopboy who wrote msg# 10870
Date:12/23/2005 8:13:14 AM
Post #of 10957
Take a look at this article about ex dates and dividends:
http://www.investopedia.com/articles/02/110802.asp
Looks like today is the last day to buy because of the holiday.
Suncrest Energy Inc. Announces Market Advisors Independent Report
Wednesday December 7, 1:03 pm ET
DENVER, CO--(MARKET WIRE)--Dec 7, 2005 -- Suncrest Energy Inc. (Other OTC:SNYY.PK - News) announces that Market Advisors Research has issued the following report.
ADVERTISEMENT
NEWS FLASH: We live in a world that is more volatile than ever and increasingly dependent on energy. The smart investor will hedge against soaring energy prices by investing in producing energy stocks and those tapping into resources here at home as well as abroad. Tight supply and demand, particularly for natural gas, mean that an unexpected cold winter could send gas prices through the roof. Yet another reason owning energy stocks such as SNYY makes great sense.
Oil production has long been expected to peak, but a scarcity of gas liquids is very unlikely before 2025. In the USA natural gas consumption is expected to grow by 40% over the near-term of oil supplies -- including unconventional sources and natural.
SUNCREST ENERGY INC.
(SNYY)
Investment Highlights
-- Oil and gas will continue to be the primary sources of energy at least
through the mid-century
-- Gas will continue to grow faster than other energy forms
-- Strategic alliances will add compelling value for shareholders
-- Suncrest Energy is a new, well-managed, and greatly undervalued
company with a niche second to none in the energy sector
Suncrest Energy Reports that Market Advisors issued a report about Suncrest Energy Inc and this is what they had to say.
The Suncrest Energy story is one of the most compelling in the E&P sector, and we are initiating coverage with an intermediate target of $5.50. The company was founded in Toronto, Canada and is engaged in oil and gas exploration and drilling programs for itself as well as other companies. Their ultimate goal is to become a major player in the development of worldwide natural resources and to identify, acquire, and develop working interest percentages for the benefit of its shareholders and the communities in which they operate. Over the last quarter of the 20th century, the world reportedly confronted shortages of energy for various reasons. What better business is there to be in than oil and natural gas producers? The company is committed to meeting the highest standards of corporate citizenship by protecting the health and safety of their employees, safeguarding the environment and creating long-lasting relationships in the areas where they do business.
Incredible fortunes have been made investing in third tier stocks over the past 25 years. There are numerous examples of small-cap stocks that soared when they became publicly traded. To be sure, they are very speculative. However, properly selected and properly managed, they can be extraordinary profit producers and SNYY is no exception. Suncrest has global exposure and has in place a strong business plan for rapid growth.
GROWTH OPPORTUNITIES
Our positive rating on Suncrest reflects our confidence in a management team focused on growth through acquisitions and strategic partnerships along with subsequent exploitation of capital staved properties. Suncrest seeks to have core properties in the United States, Russia part of the Former Soviet Union, Guatemala, and Tajikistan . Suncrest will be exposed to significant exploration potential for the first time in company history. In addition, growth through acquisitions will continue to improve shareholder value as evidenced by the recent interests purchased from First Canadian American Holding Company (Other OTC:FCDH.PK - News). These new assets bring the number of acquisitions to four for the company just in the last two weeks.
Management believes current market multiples applied to their business model represent far greater value to shareholders then the company's current share process reflects. In addition, properly chosen small-cap stocks should be included in virtually every investment portfolio. We feel this way because the market, in our opinion, has tremendous bullish potential over the next ten years and especially for new, innovative companies. For Suncrest Energy this is a challenge that they feel must be met practically, affordably, safely, and in an environmentally responsible manner. A solid investment.
ANALYST -- Officers of Market Advisors, Inc. have been in business since 1983 and have provided stock market research for their clients since 1985. Company officials have been frequently quoted in a wide array of financial publications such as the Wall Street Journal, Investors Business Daily, Barron's, The Dick Davis Digest, Moniresearch and many others. We have on staff the former editor of the Marketarian Newsletter, a nationally syndicated stock market newsletter published over twenty years. E-mail - jeffmktadvisors@yahoo.com
The information and opinions in this report were prepared by Market Advisors, Inc. located in Nebraska which has at times served as financial relations counsel to the featured company and does receive fees for services including preparation of this report. For this report, $2,500 was received from a non-affiliated third party. This is not an offer to buy or sell securities, nor should this report be construed as investment advice. Information or statements are subject to numerous risks and uncertainties that cause such statements not to prove accurate. Market Advisors, Inc. does not disseminate, nor is it liable for the dissemination by any third party of this fact sheet.
DECEMBER 2005
Stock Symbol - SNYY.PK
Shares - 729,000,000
Float - 115,000
Recent price - $1.30
Intermediate term - $3.90
Web Site - http://www.suncrestoil.com
Phone - 1-416-227-9939
Contact:
Contact:
David Alexander, President
3266 Yonge Street, Suite 1208
Toronto, Ontario M4N 3P6
Phone: 1-416-227-9939
http://www.s-crest.com
Source: Suncrest Energy
Just bought in
Hope that is a positive thing. Looks good with the past PR,s buying of billions of shares back.
partysasquatch I posted this on RB
I wrote Atty General Spitzer in NY a long time ago. He is the only one that cares IMO.
As far as the corrupt Senate and House I think they are MM.s in disguise.
Maybe the VP will give us a tip, or better yet Hillary and Bill. Remeber her trading Cattle Options and the head of the Democratic party made a fortune on Global Crossings. All Crooks but good luck in your effort.
enforcement@sec.gov
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By: otcstk1
21 Dec 2005, 10:17 AM EST Msg. 29150 of 29157
(Msg. is a reply to by None.)
I just left comments for President Bush on this 'naked short selling' in the Markets and in PBLS.
The number for President Bush White House Comments: 202-456-1111.
This is the letter I sent to the White House and Senator Shelby on the PBLS subject.
Senator Shelby,
I have invested in a small company called 'Phoenix
Associates Land Syndicate'. They are located 25 miles
North of New Orleans and their sand was used in the
levee breaks in New Orleans. I invested in this
company because of the large growth potential they
have and the lack of debt. I come to find out that
this does not matter because my investment is being
stolen by 'naked short selling'.
At first I did not believe it. I purchased a
subscription to Buyins.net and checked. With a float
of 199 million shares they have a little over 100
million shares reported short to Regulation SHO.
Have you guys lost your minds in Washington? How can
you let such theft exist and turn a blind eye? Are
you being paid off to delay an investigation? How can
you guys talk about Social Security in the market when
the market is being extremely robbed?
As an average citizen, I think that the destruction of
everyone's retirement accounts by letting the "United
Bank of Switzerland" steal American investment
dollars, or offshore Hedge Funds doing the same,
should be considered treason. Who's side are you on?
Did it ever occur to you that Terrorists may be doing
this also? Why invest when you can skim?? You owe
the American people an apology.
I am not finished yet. The SEC is next and my Congressman and Senator will have to sit and face me on this issue. I have had enough.
How can someone make this much error?
Did the party want to lower the price to buy themselves?
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It's Back, AS @ 997 million!
Posted by: treepeople
In reply to: Mike2112 who wrote msg# 7934 Date:12/20/2005 1:17:25 PM
Post #of 7940
This is an excellent development...
Action Type: Correction
Document Number: 20050623610-05 # of Pages: 1
File Date: 12/20/2005
Effective Date:
CORRECTION TO WITHDRAW AMENDEDMENT FILED 12/06/05 IN ERROR. FED EX 12/20/05
Previous Stock Value: Par Value Shares: 1,997,000,000
New Stock Value: Par Value Shares: 997,000,000
How about MACRO and VXBX what are they?
They are aquisitions! Follow the PR's they will link you to other companies as well like T-Mobile, Cingular, Infinity and so on.
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TOMMYTBP
Rolling.. I have been watching these guys since they have changed there name 4 times, filed a dozen or so S8's, changed there ticker symbol a half a dozen times, implemented several reverse splits and come out with about 10 aquisitions that never came true. I am not about to cut them slack unless they walk a straight line. They are pulling the same old dodge ball that they always have. Where is Q3. They at least owe it to us to tell us what is going on. They think it is good business to hide from there investors. I would not recommend anyone to buy this stock right now. It is that simple. How can you guys be pumping this thing with all the broken promises they have made?
Socal_Helix Because I want this guy Tossed
I rarely respond back to bashers but this guy deserves to be tossed for its fradulant remarks. You see me post on RB once in a while. I gave up posting like I use to beacuse RB is all bashers.
Good luck on the new addition coming.
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Excuse me people:
I just read over a dozen posts, all responding to one SINGLE post that appears to be a "basher." I think the "basher" did his/her job. You people that respond to bashers are WORSE than the basher.
If it's SOOO obvious, why do you respond? Bite your tongue, find the mental fortitude to NOT SAY ANYTHING!!!!!!!!!!!!!!
God dam retards.