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slightly OT:
http://biz.yahoo.com/ap/060819/gas_benefits.html?.v=2
"High Prices for Natural Gas Inflate Some States' Coffers; Oklahoma in Biggest Boom in 25 Years A flurry of home building, packed hotels, the new cars and trucks cruising the red dirt oil patch along the Texas border 110 miles west of Oklahoma City announce a natural gas boom that hasn't been seen here since the collapse of the last boom nearly 25 years ago. Tax collections on oil and gas production that bottomed out at $249 million in 1999 were at $1.2 billion through the first six months of this year. Currently, natural gas prospects are so good, "boom" doesn't accurately describe them, said Tom Price, Chesapeake Energy Corp.'s senior vice president of corporate development. "
I think we're in the right place at the right time.
It's all natural.
correction ~~~ that's TPDI.OB
not tpid .... ~
ONTV is now TPID.OB !!!!!!!!!!!!
today New Haven, tomorrow the World !!!!
time to start a new board,
I'm on board clicking my seat belt.
watchout.
Hi Peter;
great contribution by Johncee:
here’s a small contribution from an oil stock some of us follow, ERHE, about China’s products, and the need for TPID now and globally, from The Taipei Times :
“With 130 million people, Africa's most populous country [Nigeria] is also a major market for Chinese-produced goods. Chinese companies have been accused of flooding local markets with fake and substandard goods, notably textiles. In December, Nigerian officials took the dramatic step of shutting down several shopping centers run by Chinese traders in Lagos.
In the last five years, China's trade with Africa has grown
fourfold, to $40 billion in 2005.
The world's most populous country, with 1.3 billion people, has also set new development targets to increase its gross domestic product and lower energy consumption, the Chinese leader told Nigerian lawmakers Thursday. "By the year 2020 ... GDP would quadruple that of 2000 to reach $4 trillion, averaging $3,000 per head," Hu said.”
It takes time to build a global product ID,
the need is certainly here,
It should be ‘worth the wait’ ! I’m still here….
“wondering how you guys trade this company?”
This is the gray market, there is no bid / ask posted. I look at the day high / low / last sale and put in a limit GTC/AoN bid somewhere in between, then wait, sometimes for days, If I get anxious I up the bid. I use Etrade, and they use me.
GLTY
Before this I’ve never seen a stock board where the header by the “moderator’ is a bash of the stock. Your whining isn’t going to change the restriction, either the company makes a go of it or we lose what we paid for the dividends = nothing !
It is normal for a start up company to have a lot of restricted shares in the hands of primary investors. The stock usually is restricted for one to two years.
The company purchased Tampa Bay Mortgage Solutions from Prime Rate Investors for 1,062,500,000 shares. Per the 15c211.
How did that get to be “Two billion ? or Billions ?”
From pinksheets :
Authorized Shares: 20,000,000,000 as of 2005-02-24
Number of Shareholders of Record: 3,015 as of 2005-02-16
Float: 299,195,610 as of 2006-02-02
Corporate Mortgage Solutions, Inc. until 11-05
FINANCIAL REPORTS
Report Type Period End Date Release Date
Quarterly Report
12/31/2005 Feb 7 2006 ET
15c2-11 Information Statement
10/27/2005 Dec 2 2005 ET
15c211
01/15/2005 Feb 16 2005 E
From co pr 4/19/06 :
Board of Directors has approved the retirement of 289,367,139 free trading shares, representing a total of almost 20% of the total outstanding shares. This now reduces the public float to an estimated 11 Million shares…. we have now retired over 1.25 Billion shares of common stock.
From 15c211 : “In 2005 BAW lost $103,036. Our expectations are to be profitable in 2006.”
Friday March 17, 5:00 pm ET
NETCERT, INC. ANNOUNCES CHANGE IN BUSINESS STRUCTURE
NetCert, Inc. (OTC:NTCI - News) announced today a change in the corporate focus, the acquisition of a new subsidiary and the sale of its existing business.
The Company has purchased a gem and finished jewelry wholesaler included in a new subsidiary, NetCert, Inc., a Nevada corporation. This acquisition is the first of several expected operations that may include financial services and business oversight and consulting services.
The inability to properly finance our Chinese NetCert operations forced its sale to the original founder and the return of 21,860,000 common shares. The Company does expect to do substantial business through the e-mall of Beijing Net Cert with its finished jewelry products.
"Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release that are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause results to differ materially from those expressed in the forward- looking statements, including but not limited to, certain delays and risks detailed from time to time in the company's filings with the Securities and Exchange Commission."
Contact:
NetCert, Inc.
Norman Birmingham, 443-745-6691
Source: NetCert, Inc.
Sorry danielgarcia, that can’t be right.
Stock quote sites often have out of date info. On Fri. the volume was 73.7 mill shs.
I checked pinksheets.com , just another site with info : Outstanding Shares: 1,957,422,221 as of 2005-09-16 Estimated Market Cap: Not Available
Authorized Shares: 5,000,000,000 as of 2005-09-16 And that was as of last Sept.
I’m long several years here, and look forward to some updated info this week, The potential for this company is huge, but the past was pretty bad.
That’s why I prefer to look forward. And added shs over this past year.
GLTU
Take a look at block prices just paid in Alaska as a comparison to those paid in the JDZ. The North Slope field is a known producer and on pipe lines to US markets. Looks sort of small time. Three names we’ve seen a lot of at bottom of article.
ANCHORAGE, Alaska (Reuters) - Enticed by oil prices over $60 a barrel, energy companies and individual investors bid more than $31.2 million on Wednesday for oil and gas rights in Alaskan territory, according to preliminary sale results.
"I'm thrilled, no doubt about it," said Bill Van Dyke, acting director of the Alaska Division of Oil and Gas. "It's just a real healthy environment on the North Slope right now for both companies that have been here for a long time as well as companies that are jumping in today," he said.
Some of the biggest oil fields in the United States are in the area. Alaska is second in the United States in proved oil reserves, according to the U.S. Department of Energy.
BP unit BP Exploration (Alaska) Inc. made the highest bid for a single tract, bidding $5 million for rights near its offshore Liberty prospect on federal property.
ConocoPhillips unit ConocoPhillips Alaska Inc., the North Slope's top oil producer, was also an active bidder, spending about $5.4 million on Beaufort Sea exploration rights and about $1 million on rights to explore land tracts on the North Slope.
Van Dyke said the active bidding reflects both high oil prices and the bright prospects on the North Slope for a variety of companies.
Union Oil of California (Unocal) offered nearly $7 million for exploration rights on land south of producing oil fields and west of the trans-Alaska pipeline, according to preliminary results. Unocal in 2005 became a subsidiary of Chevron Corp..
Eni Petroleum Exploration Co. spent more than $5.6 million for rights to explore North Slope tracts
Other companies picking up leases in the sales were Anadarko Petroleum, & Pioneer Natural Resources.
Thanks Newxian,
I’ll take your word for it.
Can you read in Chinese ?
NEWIXAN, could that tv news have been about RFID ( radio frequency id labels) ?
SSTY is not directly involved with that, although one of the PR’s said one of the contracts was with a Chinese group that wanted to combine products from several different companies to use in their own way, which was ok with us.
JOHNCEE, you deserve a big thank you for the video transcription @ # 1956 !!
It is rare for a CEO to say, I’ve done a good job getting us this far, but going forward is way beyond me. This recognition that new skills are needed now, and taking the steeps to get it set up is very good. I must say thank you to Cimino & Mackay for that. (as if they read this stuff : )
We must move forward quickly. I wondered if we were standing at the edge of a lake with nothing but a cup in our hand. It will take time for us to create the capacity to fill the demand, now that people know that we’re what they need; bringing in people who know how to do this is a smart, and necessary move.
IMHO…
Oh boy, another few years, still here…
Thank you, chuckerfmfla & clubmaverick.
I’ve been in this stock for several years. Previous management could never seem to close a deal. Our present management seems have us in the right place at the right time with a very needed product and service. I am cautiously optimistic. We need financials that show income, get us above this completely manipulated gray market, and to keep the sales contracts growing. Things look so much better today than a year or two ago.
We need to be patient, and encourage management to keep at it. Remember, we are a little startup co. and we’ve just grabbed a hold of the tail of the tiger. Before, we couldn’t even find a tiger, let alone get close to one. GLTUA I’m still here…
Clubmaverick asks a good question, which I’ve asked myself, ‘why would the Chinese gov. be willing to curtail the fake product industries that have provided so much jobs and money.’ You also ask for opinions, and that’s all this is.
Although the rural parts of the country are poor and desperate for jobs and a piece of the new wealth of the eastern cities, the consumer society has advanced to the point where Chinese themselves are falling victim to the dangers of counterfeit products.
The forgers do not report the counterfeit commerce, which is illegal even if overlooked. They pay no taxes, no revenue for the gov. from that segment of society.
I have not read about this anywhere, but I surmise that the gov. may have realized that the illegal commerce creates a black market of money flowing under the radar, which probably feeds criminal enterprise and dissident groups. One thing the Commies can’t tolerate is dissidence; and wealthy, tax avoiding dissidences, and crime lords ? Oh no.
So, the window dressing is to respond to foreign pressure to curtail counterfeit products; but consumers victimized, lost taxes, and money into the wrong hands, are real problems within the country created by fake consumer goods, and they are reasons enough to want to bring the counterfeiters into the light of true identification.
AIMHO. I’m still here,…
This is an excerpt from a Yahoo article today.
Next post my opinion in answer to post # 1778 by “Clubmaverick”,
More than 300,000 Chinese have a net worth over $1 million, excluding property, according to Merrill Lynch” There has been a revolution in attitudes toward wealth," says Rupert Hoogewerf". People don't appreciate how much cash there is running around in China today," he says.
Today the Chinese are the third-biggest high-end buyers on earth, with more than 12% of world sales, Goldman, Sachs & Co. reckons. Within a decade, China will likely leapfrog Japan and the U.S. to become the top luxury market, predicts Goldman analyst Jacques-Franck Dossin. "China is experiencing huge wealth creation, and there is lots of conspicuous consumption related to that," Dossin says. "People want to show they are successful."
How? By buying custom clothes, diamond-encrusted watches, pricey cars, gourmet meals, and fine wine. A 38-year-old restaurateur, real estate developer, and Ferrari owner from Shanghai, says he speaks no English, but he manages to pronounce "shopping" and "Tiffany" as he shows off his $50,000 Franck Muller watch. The Rolls-Royce outlet in Beijing is one of the brand's top-selling dealerships. And Bentley Beijing has sold a half-dozen stretch limos at $1.2 million each, the world's most expensive car -- more than any other dealership in the world. Cadillac plans to have 40 showrooms in China by the end of 2007. Christie's International says mainland buyers account for 20% of purchases at its Hong Kong auctions, compared with virtually none five years ago. And while most collectors prefer Chinese art, mainlanders now bid on Renoirs, Monet’s, and Van Gogh’s in New York and London, a Shanghai businessman paid $1 million for a Picasso in a private sale. By Dexter Roberts and Frederik Balfour
Business Week Online
Netcert discovers listing problem and takes corrective action.
repost from 'cooopO' on RB 1.07.06 on KNOBIAS:Raidar
Tuesday , January 03, 2006 05:10 ET
C, Jan 03, 2006 (M2 PRESSWIRE via COMTEX) -- 1994-2006 M2 COMMUNICATIONS LTD
Mountain View, CA - NetCert, Inc. (Pink Sheets: NTCI) has announced that it has discovered a major discrepancy and misrepresentations by the prior principals of Uncle B's Bakery, Inc. ("Uncle B's") which was the former name of NetCert.
In March 2005, and via a reverse merger with Uncle B's, it was represented by the Uncle B's principals that Uncle B's was a publicly traded company listed on the Pink Sheets and had filed a 15c2-11 listing application with NASD. As part of the due diligence for subsequent financing and inquiries to NASD, it was discovered that no such filing by Uncle B's had been made with NASD.
While the Company is still exploring its options to file a legal action against the former principals of Uncle B's, the Company's management team has been focusing on getting the Company back on track. The Company now plans to file a 15c2-11 listing application with the NASD for listing on the Pink Sheets. Until such approval is received from NASD, the Company's shares can only be traded on an "unsolicited quote" basis.
This discovery does not have much impact and does not change the course of our operations in China. However, the Company's funding has been much delayed. We are evaluating other funding sources to provide the short term capital need for the growth of NetCert.
Due to the delay in funding, the Company will not be able to meet its projections disclosed in early 2005. The management team and the board members are diligently working to correct the problem and execute alternative strategies to move NetCert forward as planned.
The Company appreciates the patience and support from all of its shareholders and thanks our shareholders for their belief and confidence in the fundamentals and potential of NetCert.
For more information about NetCert, please contact:
Net Cert, Inc.
Safe Harbor Forward Looking Statements
Except for historical information contained herein, the statements in this release are forward looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward looking statements involve known and unknown risks and uncertainties that may cause the company's actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to: market conditions, competitive factors, the ability to successfully complete additional financing and other risks.
CONTACT: NetCert Inc Tel: +1 650 960 3344 e-mail: info@netcertinc.com
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
“Grass fires elsewhere in the drought-stricken region had apparently destroyed a couple of tiny Texas towns. About 20 homes were burned out in the 13-mile stretch from Ringgold to Nocona, Six homes were destroyed near Mineral Wells, Weaver said.”
Some days there are bigger concerns than impatient investors. I’ve started to take a stake here in the last few weeks. It appears to me the sp was played, I waited for the pull back.
I passed over AMEP when they made the “improved fracing solution” seem like a major part of the business; snake oil to me; - but the rebuilt rig and the prolific gas field lease made me come back around. I think we’re too late to tap into this winters heating frenzy, and these fires may certainly cause further delay. Better the crew and equipment are safe
than barbeque! I think this company has a lot of potential, I‘ll be here to watch it play out. A good new year to us all.
Deepwater drilling discussion
The discussion yesterday got me looking at Equator Exploration, EEL.L There is a US listing for that quoted in US $ = EQRXF.pk We looked a lot like their chart when we went to .90 last May, …but then… not so much. Found this on Pinksheets.com :
Dolphin Drilling Ltd receives contract from Equator Exploration Ltd Oct 11, 2005 (NORDIC BUSINESS REPORT via COMTEX) -- The Norwegian offshore contractor Fred. Olsen Energy ASA said on Tuesday (11 October) that its subsidiary Dolphin Drilling Ltd had received a contract for its semi-submersible rig Bulford Dolphin from Equator Exploration Ltd. The contract covers drilling work offshore West Africa, and is valued at approximately USD 71m for a firm duration of one year. One US dollar (USD) is worth approximately 0.55 British pounds (GBP).
That’s how Equator did it, go rent a Dolphin for the deep sea. The cost works out to $ 200,000 a day for them, a lot less than up to 1 million a day I’ve seen quoted elsewhere, maybe its 'all you can drill in one years time' that is the way to go.
If that’s the sub-contractor that reached the gas zone EEL just PR’d (post # 17243), that’s pretty quick; contract to results in 10 weeks ? Is that possible in West Africa ? (no).
I’ve been in ERHE for just short of two, long, years.
Our turn is coming, a good year and good fortune to us all.