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Success is the key for this product. I have personally witnessed the success of Petrozene. A friend of mine treated a well down by Luling, Texas. The well is owned by a reservoir engineer and was producing at best 5 barrels of oil per week. The well was treated, circulated, set for 24 hours, and treated again. Then it rained making it impossible to get to the well site for 4 days. They turned the pump on and the well pumped out a couple of barrels of oil so they shut it in for the night. They then cracked the valve in case the well made some gas. Over night the well free flowed 41 barrels of oil and was making gas without the aid of a pump jack. Since then they have treated two more wells in the field. I am waiting for the results. I guess the stuff works.
Woodrow...refer to post #1134. You just need to click on the link and amazingly it takes you to a HOMEPAGE on the INTERNET that discusses the LAB. I know it's innovative and can be somewhat confusing. Also, if you have any more questions I would refer you to http://www.freestoneresourcesinc.com/contactus.php. There you can locate the company's HOMEPAGE and get answers to your questions directly from the company! As for left field??? BATTERS UP!!!
Just goto the "contact us" portion of the Petrozene website.( www.petrozene.com ) That is how I got information quickly. Someone called me the next day.
Why don't you call the company and ask them if Financial Capital Consultants is helping with the most recent merger. If you are so concerned you wouldn't be typing it on a message board and you would contact the company yourself. I contacted the chairman of the company and was told this consulting firm doesn't have a single share of stock. I couldn't find any negative information on the company via the internet. Thus, I must question your prerogative here? Do you have a vendetta against someone in the company, or do you have a short position that you are trying to capitalize on? Your posts come from left field and make absolutely no sense. They bring up questions that you can find simple answers to by contacting the company.
The directors and officers running FSNR, never been arrested or had any problems with the authorities. No DRUGS, Alchohol, clean records, honest people.
A little due diligence will show they did not purchase a shell, they are simply merging with a shell.
I chargeit will complete the filings next week and the actual merger will follow. Anyone with any knowledge of how corporations or mergers work would understand what is involved with an audit. The audit company changes time frames, not the company.
The technology, Petrozene, it simply removes the paraffin from the well bores as well as the near formation and the same paraffin is what makes up tank bottoms. The product works and this is so easy to understand, a cave man would know. The company is continually treating tanks and wells, so the number keeps going UP! Oh and yes we have had paraffin tested from the middle east and Columbia, that is in South America. It has worked in all situations unless there is an ocean of water.
The lab is an independent lab run by an oil chemist, yes he does all types of research on the product, every heard of a gas chromatograph?
I called Freestone, ask questions, the proper way to handle the situation instead of making acquistions trying to damage real stock buyers.
Parker's Dog/Ovidius,
No real information in the press releases? Maybe we are looking at different companies. Sounds to me like you are bitter because you sold at .12 cents. I would rather see few press releases that contain substance rather than millions that contain "fluff". I'm long, and I'm saving your post, just so I can re-post it later when the stock is at a dollar. Maybe its just me but I think you are barking up the wrong tree. ruff ruff.
Agreed Rusty. Ovid, why don't you call the company for an update if you are concerned. I have a feeling we have an over anxious investor who was having a hard time making ends meet.
Maybe the person selling had parents who destined him for law but could never succeed...married three times...banished far from home in a desolate town...oh wait I'm talking about the Roman poet Ovidius... ;) Just poking a little fun...but seriously do your DD.
Any thoughts on this: NMKT and DMOI deal??? I thought it was supposed to happen in June? Then we see massive dumping of shares Friday and the stock begins to recover today. Then we get this news from Diamond I:
"LAS VEGAS, NV--(MARKET WIRE)--Jun 8, 2007 -- Diamond I, Inc. (OTC BB:DMOI.OB - News), a developer of wireless gaming products, including the GS2(TM) wireless hand-held gaming unit and the WifiCasino(TM) wireless gaming system, today announced that no closing had occurred under its previously announced securities purchase agreement with NewMarket Technology, Inc. and that the agreement had expired by its terms."
This sounds a little fishy to me...what exactly is NMKT doing here?? Months and months of press about "RedMoon" and "Diamond I" and now nothing???? Hmmm...like i asked earlier...any thoughts?
I'd have to agree...probably some old ICHG investor...he'll be out of the way soon enough.
Very interesting...my bet is that they will be off the pinks soon enough though.
That technology sounds amazing Rusty...every modern city will have to make the switch to become more efficient...could mean some big $$ for Redmoon. This should be an interesting ride!
Great day today! Capital did you ever get a hold of Lutz? I went back and read some of the previous press releases and they are all pretty clear on the whats going on here...
"NewMarket acquired Diamond I, Inc. in a strategy to build a publicly listed Wi-Fi subsidiary with a $10 million 2007 revenue forecast. NewMarket will consolidate its own Wi-Fi assets into Diamond I to build a comprehensive wireless broadband offering with applications in multiple market segments. The Diamond I name will be changed to NewMarket Broadband, Inc. and the ticker symbol will change accordingly."
Wow! interesting site...i like the idea of going from .02 to 2.00. Each day brings more strong momentum...this should be a fun ride all the way up!
I personally can't wait for next week! Hopefully we get some more news too.
Some exciting stuff here. I have been long in DMOI and I'm very excited about RedMoon coming on board. They have a great track record. Good volume today and some positive movement! I might have to pick up some more Monday! Looking forward to the next few months!
What a day for GFCI...Elcheepo, you must be loving this. It looks like your analysis was correct. Somewhat of a slap to those who doubted your "indicators."
Refreshing indeed...kind of like a high colonic
Actually Spark was not spamming...each one of his posts states a different TOU violation.
Loose lips sink ships...
I will make sure and remember that Spark...hahahaha
.022 to .024...All is quiet on the Western Front...
NUTS
Cyofish: you want to waste your time and money going to court with this claim be my guest. You WILL loose. I have studied too many similar cases in securities law to know this for a fact.
Secondly, Joe Blow can cut and paste anything he wants on to Wikipedia. "Often times they copy and paste definitions from various authoratative sources and post them in wikipedia. I'm surprise that you claim to be a law student studying securites law and you don't even know this." This is a great quote from your previous statement. Not only is authoritative and securities spelled wrong, but I would just love to goto any of my law professors and validate a claim via Wikipedia and say that it must have been cut and pasted from an "authoritative" site! HAHA. Hell, I changed Hillary Clinton's page to read that she was a lesbian and it stayed on Wikipedia for a whole five hours. The only reason it was taken off is because it is a high traffic search. I doubt Rule 10b is searched as often, thus unverified statements can remain on Wikipedia for an indefinite amount of time. Just FYI.
Back to GFCI...we had an interesting day to say the least. I am looking forward to the next couple of months.
BTW CYOFISH...Pink sheets are in fact NOT, and I repeat, NOT held to the same standards and requirements as fully reporting companies. There is a reason that are trading in the pinks! Once again you are discussing something you know nothing about. And just to prove how wrong you are on this, I am compiling a list of differences between fully reporting companies and PINKS that I will post tomorrow.
CYOFISH: Haven't you been a busy little beaver tonight. Though my credentials are none of your business, I will tell you that I am currently in my third year at law school with an emphasis in securities and real estate law. I have been trading for the last 10 years. My opinions are based on fact not "how I feel things should be." I know defamation law. You can Google it if you would like, or you could buy an undergraduate business law book at your local bookstore.
Concerning your Wikipedia interpretation of the Securities Act Rule 10b-5, it is important to note that you left some important things out. It's initial implementation was actually to mandate insider trading. It should also be noted that your "cut and paste" from Wikipedia hardly makes you an expert on the topic.
If a lawsuit was brought against JD citing the Securities Act Rule 10b-5, it would immediately be ruled summary judgment. You have to prove that the statements made in the PR's were intentionally designed to deceive investors. Good luck with that one. Maybe you have some secret tape recordings or documents from GFCI proving otherwise? If so please produce these documents for the group. IMO JD has a set of ethics that would not allow this, but then again this is just my opinion. Second, safe harbor statements are sufficient to release the defendant from any prosecution under the Securities Act Rule 10b-5. There is also other language, that I have seen in previous PR's by GFCI, that can be used to absolve a defendant from responsibility. This was put in place to release companies from frivolous lawsuits due to unforeseen circumstances. But in all honesty, I really don't want to get into a first year law school debate with you which I know I will win.
Catani, you should take some of your own advice "I don't Jim Dial is going to sue anyone for libel lest he be sued for fraudulent PR's. Just drop it already. I have seen nothing fraudulent about the PR's. They could be deemed fraudulent if they didn't have safe harbor or forward looking statements.
PS: I never said he WOULD sue, I am only stating he has more grounds for a lawsuit. Let's make sure we brush up on reading comprehension.
In all actuality Jim Dial has more grounds to sue those making these absurd claims than those who are making them do against him. This is called libel, and no court in the land would deem a CEO of a Pink Sheet stock a "public figure". But that first year law school lesson is more suited for a PM as well.
First off CYOFISH "clarification of certain statements he made in his PRs" is FAR from giving out insider information! Secondly you still haven't proven that members on this board were actually paid by the company to promote the stock. Talking to Jim Dial about past PR's and adding "clarification" on the board to possible investors is a far cry from a paid promoter.
Secondly a lawsuit against a PINK is ridiculous. I mean by all means you could try, and end up paying thousands of dollars in attorney's fees and spend years in court for your time. Probably a lot more money and time than any of you ever invested in the stock. There are various clauses that are listed in the PR's such as safe harbor clauses/forward looking clauses that help define the risk of investing based on these PR's. I can cite you many case studies and past precedents of those that have TRIED to sue on these grounds, but they would be off topic. If any of you would like to see them so you don't waste your time and breath on the issue send me a PM and I would be glad to share them with you.
Sounds good, let's stick to Grifco.
CYOFISH:
Do you have proof to corroborate this statement? BBB, at the very least, was used by Dial to pump the stock.
If not then this post is coming off.
You are right Andy. I think the original spin-off, if memory serves me correct, was UERI. Pure speculation, but that would probably be the first.
I agree...too funny
Thank you Wired. As of late all my posts are being deleted because they do not fall in line with the views of the moderator. I feel GFCI has an enormous amount of potential. I wish Lentinman would do the same DD as I have done and actually contact the Jim Dial himself. Instead he continues to degrade the stock without refreshing his DD. GFCI will prove itself, and I feel it's true potential will be realized in the next few weeks to come. But once again this post will probably be deleted in the next couple minutes because of its positive connotation. I've already requested that Admin Matt read it and the others I have posted.
And I third that...this is great entertainment for a Saturday night.
CYOFISH:
"knowitall, don't bitch if your friend beat you fair and scare." I think the idiom is fair and square?
You think Jim Dial wanted this stock at the price it is today? Somehow I find that hard to believe.
DMOI signs an agreement with NMKT and we already have some promising developments! Should be interesting...
I just lost a game of poker at a friend's house tonight...i just thought I would come on here and bitch about it real quick...eom
Works for me Wave...
Elcheepo...I can only assume that it's like Crystal Meth...you know it's wrong but you just can't stop.
Rusty this is fascinating...
Naked Short List as of 2007-03-19 - Stocks New to List
Report Generated on Tue, 20 Mar 2007 19:14:02 -0700
9 GFCI 1 0.021 -0.001 1,048,280 2007-03-20 16:00:00
This is very interesting...so it's been Jim Dial's fault huh?
Great site Rusty, just thought I would post it to let it really sink in.