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And some others have been permitted to look up that sleeve.
The buy & sell volume for this 'loser' company, to this date, with their sordid history, is just not only unprecedented for this company, but would not make any financial sense for even a company that has a bit of credibility. I know I am probably repeating myself, but what, even naive investor would plunk down so many millions of dollars to invest here without a good, clear look up that sleeve. And I say investor, singular,(given that sleeve peek) as it is more than just improbable that many investors would get that sleeve peek and/or without that peek, get some wild notion to wildly invest in tiv.
With no real positive public announcements, I cannot believe that all this buying is coming from 'the public'. And even if, in some obscure fashion, this quite ify company was somehow looked upon as a 'trading vehicle', there would have to be many others to participate in that trading scenario.
So, with all the millions of shares bought and sold to date, in the 30 million or more range, how many shares can be left in the hands of those who still would prefer to hold and see (pray)?
And assuming my fantasy scenario is correct, how many months would have to go by before the secret is let out to the shareholders and the rest of the world, so that the sleeve peekers can capitalize
on their illegal scheme? Meaning so that present ignorant, uniformed shareholders would not complain to the SEC, concerning this present drama?
What a great soap opera!
Howard
I honestly do not know if you are kidding or are serious.
Howard
Email to John Durbin:
John, I talked to Jenifer Kirtland who has, I am sure repeated to me what was told to her by TIV management. Short covering and the shares from the turned in warrants are the volume we see. The warrants created 1.5 million shares and if I remember correctly the short position in Dec. 2010 was around 1.4 million shares. As you know, even if all the shorts have covered and all the new shares have been sold, that number does not come close to the buying and selling of approximately 30 million shares to date.
So, if it is managements position that they have no idea as to the huge volume, other than the shorts covering and the new shares being sold off, it does not come close to satisfying my concern and the concern of so many other shareholders.
In many shareholders minds, tiv management has little to zero credibility! Which they have so rightly earned!
I still will appreciate a chance to speak to you personally about this turn of events.
I just talked to her and her reply was that the company says it was the new shares from the warrants and short covering. I told her that is mathematically impossible as the new shares added up to 1.5 million shares and the shorts in Dec. 2010 were around 1.4 million share. She said that the company has no other response or knowledge of the cause of the large volume.
She is a nice lady and only could give to me what tiv has told her.
H.
She said it might take a couple of days to get the info she wanted. I talked to her yesterday and she said she had not yet been contacted by those who she left messages with. Perhaps today.
H.
John Durbin from TIV has referred my last email to him to Jenifer Kirtland who helps him with investor relations. She just called me. We spoke for about 6 or seven minutes talking about the content of my email to Durbin which was mainly about the huge turnover of shares of somewhere between 20 and 30 million shares with no real public stimulus coming from tiv. She went over the last announcement from tiv having to do with their corporate financial restructuring in order to remain listed. She also pointed out the hiring of C. K. Cooper & Company of Irvine, California, to sell approximately 1.5 million new shares at market, to provide additional funds for tiv.
I pointed out to her the 1.5 million shares are drop in the bucket compared to the volume of the past three weeks and that the selling is so understandable, but that there is a seemingly an unnatural demand for those shares with all that has been made public to this date. She agreed.
She was surprised to find out the huge number of shares traded and said she will make some phone calls and call me back either tomorrow or the next day.
She sounded very forthcoming and I am looking forward to her next phone call.
Howard
It is interesting to see the huge number of shares that are for sale and that they are all gobbled up.
Hopefully the huge appetite for shares will continue when the need for selling dries up.
H.
I am not pumping. But now close to 30 million shares traded on corporate restructuring?
I do not believe it. That bit of info with 30 million shares traded does not make any sense. There, in my mind, is something happening beyond this corporate announcement.
Howard
If BK is their goal, then how were these new buyers enticed to buy? And I am assuming here they were enticed.
H.
The way things are, it seems that management, in reality, has been and still is the enemy!!
Like the politics of this country, transparency seems to be a vestigial concept. Honesty and integrity seem to be an abstract idea in politics and in business. And this method, this manner of public and private behavior, in my opinion, is one of the fundamental, the principle causation of the downfall of this country.
Good topic for discussion, but perhaps, not here.
Regards to all,
Howard
Here is an email I sent to John Durbin, Chief Financial Officer TIV, a few days ago. I have received no reply.
John, as you know tiv stock has traded about 20 million shares in the last 11 days. That volume is unheard of for this company under the best of conditions. What investor or investors, knowing what has been made public by this company in the past and in the present could even contemplate over a ten million dollar investment into tiv. The selling certainly is understandable, but the buying??????
If the company management has absolutely no knowledge of what is the cause of this huge buying and are totally in the dark as to the reasoning behind such seemingly ill advised stock purchases, they should say so as soon as possible! With no statement from tiv, this would seem, in the minds of many, as some positive event which has happened with the leakage of that to specific buyers who were and are more than willing to plunk down such large dollars on that information which, if true, has not been made available to the stockholders or to the investment industry.
Any comments will be appreciated,
Howard
George, the corruption, the criminality, the malfeasance and downright evil, is endemic throughout every level of this country and most of the rest of the planet. But that, even though connected here, is a subject to be discussed elsewhere.
Regards
Howard
I wonder, with all this massive volume, so extraordinary for this company, if some mind numbing announcement were made within the next couple of months, wouldn't this combination of events, (massive volume with no news followed by very positive news,) elicit some SEC response, particularly if complaints were filed????
H.
Add to my last message: The past ten days average volume adds up to 1.8 million shares per day with an additional 780,000 shares, as of 9:13am(mountain time) today. As of December 15, 2010 there were 1.64 million shares short. So even if that entire short amount were included in the 18 million shares bought, it does not even begin to answer the possible reason for this massive volume.
H.
Well, the creative, fantasy part of my mind believes that all this monstrous volume, now measured about 12 or 13 million shares, is definitely an accumulation being done by some one or a group of ones who know something that has not been publicly circulated. Who in their right minds would desire to spend millions of dollars on this particular company, unless they knew something we and the rest of the investor community have been kept in the dark over.
Howard
How could those few million shares, which initially pushed the stock price up to 1.05 have been part of any dump? And assuming they somehow were, why and/or who did all that buying?
Howard
Can someone more knowledgeable than myself and who has figured out what the hell is happening
with TIV? Where is all this incredible volume coming from, without not only any news, but any positive news as to the business happenings of this company and also what is this seeming nonsense concerning a listing on the nyse when there is a very good possibility TIV will unlisted from the American Exchange?
Howard
For what it is worth:
I emailed Tiv concerning rumors of bankruptcy yesterday. I just received a phone call from the CFO of TIV, John Durbin who said bankruptcy is not anticipated (not his words, mine).
He also said phone calls with questions from investors will be answered.
Howard
There is credence in positive thinking.
H.
Being a stockholder for longer then I want to admit, increased stock activity in the past without any corresponding news, generally has meant a PR is coming.
Howard
I sent an email to Tri Valley concerning when an update will be given to stockholders as to the progress and oil production on the Clafin Lease property. No reply to email, but a phone call from a Jennifer Kirtland telling me there will be an update in the November Earnings report. As she said, they are working hard to get production from this lease as it helps their bottom line. 87% owned by TIV.
She also said I can call her with any questions.
Howard
Sustainable Oil!!
http://www.americanthinker.com/2010/10/sustainable_oil_production.html
Howard
Squeezing more oil out
New method boosts yield from Oxnard-area tar sands
By Allison Bruce
Posted June 26, 2010 at 3:32 p.m.
http://www.vcstar.com/news/2010/jun/26/squeezing-more-oil-out/
Howard
Nothing really new.
Company Interview Excerpt
Tri-Valley Corp. - Maston N. Cunningham
http://www.twst.com/notes/articles/anx602.html
Tri-Valley Re-commences Production At Five Claflin Wells
Published: 11-May-2010
Tri-Valley has re-started the production on five existing wells in the Racetrack Hill Area of the Edison Field near Bakersfield, California in eastern Kern County. Two additional existing wells in the area are expected to re-start production after the completion of repairs by the end of June 2010.
Tri-Valley holds a 100% working interest and an 87.5% net revenue interest on the three parcel leasehold known as the Claflin Lease.
The Claflin Lease was evaluated earlier this year by an independent petroleum engineer who estimates that the total gross proved reserves are 2.3 million barrels (100%) and that Tri-Valley’s interest in these proved oil reserves is 2 million barrels (87.5%).
The reserves are contained in two productive oil zones located at relatively shallow depths ranging between 650ft and 750ft sub-surface. Per well production rates from these same two zones on acreage adjacent to Claflin average 15 barrels per day and Tri-Valley expects to generate similar production from the seven wells.
Maston Cunningham, president & CEO of Tri-Valley, said: “The re-start of production at Claflin represents a significant operational milestone for Tri-Valley for several reasons.
"First, by the end of June, we expect to be generating gross production of approximately 100 barrels per day, which should significantly improve our second quarter top line performance, especially considering our large ownership interest in Claflin.
“Second, we expect to further increase daily production through the introduction of cyclic steam injection into some of these seven wells later this month.
"Third, the re-start validates the investment we are planning for the drilling of 20 new wells at Claflin under permits already received from the California Department of Oil & Gas and Geothermal Resources.”
Howard
Independent Analysis Expands Potential of Tri-Valley’s Shorty Creek Project in Alaska
http://www.euroinvestor.co.uk/news/story.aspx?id=11052067&bw=20100510005724
Howard
Tri-Valley Set to Rebound after Yesterday's Selloff of 6.78% (TIV)
Written on Thu, 05/06/2010 - 07:21
By Chip Brian
Tri-Valley (AMEX:TIV) traded in a range yesterday that spanned from a low of $1.06 to a high of $1.17. Yesterday, the shares fell 6.78%, which took the trading range below the 3-day low of $1.12 on volume of 160,000 shares.
Shares of Tri-Valley are currently trading below their 50-day moving average (MA) of $1.66 and below their 200-day MA of $1.84. Look for these MAs to provide resistance for a short-term rebound in the shares.
SmarTrend is bearish on shares of Tri-Valley and our subscribers were alerted to Sell on April 07, 2010 at $1.39. The stock has fallen 20.9% since the alert was issued.
SmarTrend has the shares in a Downtrend and expects the share price to rebound toward the $1.12 resistance level. Afterwards, we expect it to move downward with its peers in the SmarTrend Oil & Gas- Drilling and Exploration industry.
Howard
LEASE
OPERATORS
Tri-Valley Oil and Gas has immediate openings for Lease Operators at their Oxnard facilities. Ideal candidates will have at least 3 years oilfield lease experience. Steam and/or Boiler
experience prefd. Must have strong mechanical comprehension. Tri-Valley Oil & Gas offers an excellent compensation and benefits package.
Tri-Valley Oil & Gas is a Drug-Free Workplace.
Email resume:
dcofield@tri-valleycorp.com
or Fax 661-864-0600
Attn Human Resources
No phone calls please
VCS237197 WebID: 237197
H.
Here is the URL for the complete article:
http://www.marketwatch.com/story/tri-valley-reports-positive-results-in-higher-heavy-oil-production-plans-sagd-pilot-2010-04-19?reflink=MW_news_stmp
H.
1:53PM Tri Valley reports positive results in higher heavy oil production; plans SAGD pilot (TIV) 1.43 +0.11 : The co reports that it had encouraging results from an extended steam cycle completed last month on two of the seven horizontal wells on its Hunsucker Lease at Oxnard, California. The project is operated by a subsidiary, Tri-Valley Oil & Gas Co. (TVOG). The heavy oil lease, which is part of the Company's Pleasant Valley Project, averaged 256 barrels of oil per day in March, with peak rates as high as 800 to 1,000 barrels of oil per day. Cyclic steam stimulation is being utilized to produce heavy oil from the Hunsucker Lease. TVOG also initiated a second extended steam injection cycle on two other wells that should be returned to oil production in late April. The Company is installing artificial lift equipment on four wells this month. Once these installations are completed, all seven horizontal wells on the Hunsucker Lease will have sufficient artificial lift capacity to permit higher sustained rates of production and maximum recovery of heavy oil following extended steam injection cycles in the future.
H.
And from where is all this volume coming from??
H.
Thanks and I am interested if the directors took part in the latest volume.
Howard
Can someone post how we can check to see whether or not the board of directors have been involved at all, in the current buying and selling of tiv stock.
Howard
Actually he has shown all the qualifications for running for elective office.
H.
Lynn Blystone
I am a shareholder
What has happened to the heralded mighty increase in oil production from
Pleasant Valley?
I have been told that the latest info on oil production has shown a
decrease in production?
Is this true and if so, why?
Dr. Bleicher: We recently filed a Form S-3 shelf offering and are in
the mandatory "quiet period" which precludes us from discussing
operational matters until the filing becomes effective, hopefully this
week. Until then we can't comment. Lynn
-----Original Message-----
Sent: Monday, January 11, 2010 12:47 PM
To: Lynn Blystone
Subject: Decrease in oil Production!!
"No such activity exists at this time" does not preclude it from happening.
H.
No such activity exist at thois time.
----- Original Message -----
From: Howard Bleicher <howardb4@comcast.net>
To: Egan Gost
Cc: Lynn Blystone
Sent: Sun Nov 22 10:37:41 2009
Subject: TIV Gold
I am a tiv stockholder.
I saw this on the Investors Hub today. It said that TIV is in the "process" of doing a Gold company IPO on the Canadian stock <http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43667403#> exchange <http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43667403#> .
Is this true? And if so, when will the tiv stock holders be made aware of this?
Howard-
We will release this info as part of a shareholder letter/memo. We anticipate that this will be sent out within the next two weeks.
Egan
From: Howard Bleicher [mailto:howardb4@comcast.net]
Sent: Friday, November 13, 2009 7:03 PM
To: Egan Gost
Subject: TIV
There was a Canadian tar sands reserve study that was commissioned months ago. Will there be a pr concerning the results of that study this year? And why has it taken so long to either complete the study and/or report the findings to the shareholders?
IT's the fluoride in the Canadian water.
Just saw a listing of some of the major stock holdings of Bill Gates and was very disappointed to see that he does not own any TIV.
H.