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ACDP (.22) +41.94% 359,030 in vol>>>
+35% now, and the .21 about to fall imo
ACDP (.20) +29.03% .20x.21
ACDP (.19) +22.58% .185x.19 Smelling mid $.20's by mid week> Ethopian thinn >>>Beep Beep
MIT Holding, Inc. MITD 10Q> The Company’s revenues for the three months ended March 31, 2011 was $5,084,052 and net income (loss)of ($567,814) as compared to revenue of $1,677,136 and net income (loss) of ($201,510) for the same period for the three months ended March 31, 2010. The change in revenue and loss was primarily because effective Feb 4, 2011 MITRX Corporation, a South Carolina corporation and subsidiary of MIT Holding, Inc. acquired Palmetto Long Term Care Pharmacy, LLC and National Direct Home Pharmacy, Inc.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7941334
MITD Form 10-Q The Company’s revenues for the three months ended March 31, 2011 was $5,084,052 and net income (loss)of ($567,814) as compared to revenue of $1,677,136 and net income (loss) of ($201,510) for the same period for the three months ended March 31, 2010. The change in revenue and loss was primarily because effective Feb 4, 2011 MITRX Corporation, a South Carolina corporation and subsidiary of MIT Holding, Inc. acquired Palmetto Long Term Care Pharmacy, LLC and National Direct Home Pharmacy, Inc.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7941334
Sofia Prospect New Mexico(USA)Summary & DD
http://acdp-ir.com/projects/sofia/
New Mexico – Oil and Gas Reserves (USA)
New Mexico has an estimated 654 million barrels of oil, which is 3.40% of the total oil reserves in the United States, and New Mexico ranked 4th in the United States for proved reserves of crude oil in 2008. Additionally, New Mexico also contains an estimated 16.285 trillion cubic feet of dry natural gas (6.70% of US reserves), and has an estimated 804 million barrels of natural gas liquids (8.70% of US reserves).
Reserves
•As of 2009, New Mexico has 3.3% of the Nation’s total crude oil reserves.
•As of 2009, New Mexico has 5.7% of the Nation’s dry natural gas reserves.
•As of 2009, New Mexico has 5.8% of the Nation’s natural gas liquids.
•New Mexico is estimated to be 4th in the nation in terms of proven natural gas reserves (EIA State Profiles).
Production
•Baker Hughes reports that there are 65 active rigs in operation in NM in 2010 (3.79% of the US total on shore rigs).
•NM has 52,560 oil and natural gas producing wells (11.35% of the US total).
•Additionally, New Mexico has a total crude oil refining capacity of 140,000 barrels per calendar day (0.8% of the US total).
•New Mexico also has 2 refineries: (1) Navajo Refinery in Artesia; and (2) Western Refining Southwestern in Gallup.
•NM is the 5th largest on-shore natural gas producer, according to the EIA – 1,403,832 MMcf.
•NM is the 7th largest producer of crude oil, according to the EIA – 61,146,000 barrels per year.
Largest Reserve Fields
•New Mexico has two major natural gas and oil producing areas: the Permian Basin and the San Juan Basin. The New Mexico portion of the Permian Basin contains three of the 100 largest oil fields in the US.
•The San Juan Basin contains the largest natural gas reserves in the US (EIA, 2008).
•It is estimated that only 27% of the available resource has been extracted from the Permian Basin.
•It is estimated there are 45 billion barrels of residual oil and 30 billion barrels of mobile oil available in the Permian Basin.
Source: The Economic Impact of New Mexico’s Natural Gas and Oil Industry FY2009 Update, 2009, C. Meghan Starbuck, Las Cruces, New Mexico 12/15/2009
ACDP Security Details
Share Structure
Market Value1 $31,063,566 a/o May 20, 2011
Shares Outstanding 200,410,102 a/o May 02, 2011
Float 90,410,102 a/o May 02, 2011
Authorized Shares 3,000,000,000 a/o May 02, 2011
Par Value 0.001
Shareholders
Shareholders of Record 235 a/o May 02, 2011
Corporate Actions Ex. Date Record Date Pay Date
Security Notes
•Capital Change=shs increased by 18 for 1 split Ex-date=09/27/2006.
•Capital Change=shs decreased by 1 for 750 split. Pay date=11/04/2009.
http://www.otcmarkets.com/stock/ACDP/company-info
American Community Development, Inc. ACDP.PK Joint Venture Agreement on Up to 35,000 Acres of Oil and Gas>Six wells>oil up to 407 MM barrels
http://finance.yahoo.com/news/American-Community-iw-3991282727.html?x=0&.v=1
ACDP NEWS> American Community Development, Inc. Announces the Signing of a Joint Venture Agreement (Farmin) on Up to 35,000 Acres of Oil and Gas Exploration Lands in Union County New Mexico, USA
Using a conservative estimated recovery factor of 10%, 41 MM barrels could be recoverable. Using an oil price of $100 per barrel, this would equate to greater than a $4,000,000,000 ($4 billion) reserve. Management estimates that individual wells that test commercial could produce in the order of 100 plus barrels of oil per day, and have up to 400,000 barrels of oil in reserves.
The Company will have a 50% working interest in the 6 well program, and will be engaged in financing activities over the coming weeks to fund its working interest position.
http://finance.yahoo.com/news/American-Community-iw-3991282727.html?x=0&.v=1
American Community Development, Inc. Announces the Signing of a Joint Venture Agreement (Farmin) on Up to 35,000 Acres of Oil and Gas Exploration Lands in Union County New Mexico, USA
LAS VEGAS, NEVADA--(Marketwire - 05/23/11) - American Community Development, Inc. (PINK SHEETS:ACDP - News) ("the Company") announces the signing of a Joint Venture Agreement (Farmin) on up to 35,000 acres of oil and gas exploration lands in Union County, New Mexico, USA; controlled by High Energy Resources Inc. (Farmor).
The 35,000 acres (54 sections) is part of a large dome structure. Six wells have been drilled on the lands, 35 miles of seismic has been shot, and significant geological data (well logs, mapping, etc.) and geophysical data is available. It is planned to reprocess existing seismic and as well shoot an additional seismic program to pin point well locations for up to an initial 6 well program. Multiple zones have been identified from approximately 500 feet to 4,500 feet in depth, with multiple oil and gas showings. The Farmor will be the operator of the project.
A recent engineering report states that if the sands are oil saturated in the 35 sections higher in the structure, the total oil in place could be 407 MM barrels. Using a conservative estimated recovery factor of 10%, 41 MM barrels could be recoverable. Using an oil price of $100 per barrel, this would equate to greater than a $4,000,000,000 ($4 billion) reserve. Management estimates that individual wells that test commercial could produce in the order of 100 plus barrels of oil per day, and have up to 400,000 barrels of oil in reserves.
The Company will have a 50% working interest in the 6 well program, and will be engaged in financing activities over the coming weeks to fund its working interest position.
Management Comment: "The Company considers itself fortunate to have the opportunity to participate in such a large scale oil and gas play resident onshore in the USA. The combination of continued restrictions on offshore drilling, turmoil in the far east, and surging oil prices (recently over $100 per barrel), all of which affects demand - supply balance; makes this an attractive and timely business opportunity to fast track shareholder value."
About American Community Development, Inc.:
The Company is an emerging junior oil and gas company financially well connected, and will be focused on exploiting oil and gas reserves onshore within the USA. The Company is in the process of assembling a seasoned team of managers and technical professionals in the areas of geology, geophysics, engineering, and legal. The Company is positioning itself for aggressive asset growth and shareholder value enhancement.
American Community Development, Inc.
Edwin Mah, Director
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended; such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The Company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operations to vary significantly from those in prior periods, and those projected in forward-looking statements. Information with respect to these factors, which could materially affect the Company and its operations, are included on certain forms the Company files with the Securities and Exchange Commission.
No kidding, ouch> Personally I smell a short from LAFC, and have been watching him bracket the stock. He'll hit the bid down with NITE, and then drop their own bids while at the same time backing off on offers. No more than manipulation of weaker traders while the co gains traction imho.
New MS drug gonna take em up here imo. Damn thats a chart! Also supposed to be a cancer drug they have about to come out soon
+210%> appears as if the market value here is setteling around .15
Now much better looking at .15 x .155
your DD and looking into this one ever turn up anyuthing worth while?
BEEN WATCHING, NOTICED FIRST TRADES HERE TODAY
ACOR strong here>
Good Morning All>big pharma news out today>
Acorda MS drug receives conditional endorsement
Acorda Therapeutics MS drug Fampyra receives conditional endorsement from European committee
http://finance.yahoo.com/news/Acorda-MS-drug-receives-apf-341655095.html?x=0&.v=1
Acorda MS drug receives conditional endorsement
Acorda Therapeutics MS drug Fampyra receives conditional endorsement from European committee
http://finance.yahoo.com/news/Acorda-MS-drug-receives-apf-341655095.html?x=0&.v=1
Acorda MS drug receives conditional endorsement
Acorda Therapeutics MS drug Fampyra receives conditional endorsement from European committee
LNKD(104.99) days range 80.00-122.69 Holy cow this one's exciting. Can't place my thumb on it though. Just not sure where to pull the trigger
LNKD projected value of IPO $45.00. Now trading $87.77
Is this undervalued or a bubble. Can't decide....
Looking strong Gen. Teffy>>>>>
CYTL & ContentX JV> Profile for ContentX Technologies LLC: Based in Southern California's technology hub, ContentX Technologies provides powerful Internet intelligence, security and monetization solutions that turn piracy into paying customers for the adult entertainment industry. The key differentiator of ContentX is its ability to address thousands of infringers as future consumers, rather than as criminals. ContentX also guides studios to think in the same direction by creating a tailored consumer experience that drives fully paid repeat visits. For further information email info@contentx-tech.com or visit www.contentx-tech.com
Have been watching closely also. Not many shares at all could have traded down here, and showing very thin through the more likely shareholder base of .50's
CYTL JV> Monthly Revenue increase inbound
You got it OBI> MA100 break should solidify the return. Nice ascent underway imo, and more good news out today>
Very well> Loading for explosions >> Doing the tic tick count down on a few here.
Beep Beep alert BB> 52 week range $.12-$2.50, and trading well up off bottom. Free CEO Interview Video
Infrastructure Developments Corp. Announces Debt Restructuring
Press Release Source: Infrastructure Developments Corp. On Wednesday May 18, 2011, 8:00 am EDT
SALT LAKE CITY, UT--(Marketwire - 05/18/11) - Infrastructure Developments Corp. (OTC.BB:IDVC - News) today announced that it has reached an agreement with a founding shareholder of Intelspec International, Inc., its wholly owned subsidiary, to convert approximately $2.4M in current debt to long-term debt.
The agreement provides for the debt to incur interest at 6% per annum going forward payable after a five-year period and includes a discounted prepayment option, an option for the debt holder to convert to equity, and a provision for board of director representation at the request of the debt holder.
"The offer to restructure our debt could not be better timed," said Thomas R. Morgan, CEO of Infrastructure. "We are currently exploring new projects which require substantial bonding commitments. Restructuring this debt will transition our balance sheets from a working capital deficit to a surplus. This action will both strengthen our balance sheet in the eyes of bonding agencies as well as provide us with a realistic window in which to pay this important creditor in a timely fashion."
Infrastructure is an engineering and construction services company that services an underserved niche in the global project management spectrum, targeting specialized projects and subcontracts that are too small to attract giant multinational firms, but which still require world class engineering expertise. Staffed by key personnel with decades of experience in performing work for the US Department of Defense and the US Department of State, Infrastructure is familiar with the complex requirements of government contracts and the unusual challenges of performing high standard work in difficult environments. Infrastructure is currently managing the construction of a US military training facility in Indonesia and is pursuing a formal contract on a large government housing project in Angola.
Forward-Looking Statements:
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve risks and uncertainties including Infrastructure's ability to procure design and management projects, competitive market conditions, and Infrastructure's prospects for securing additional sources of financing as required. The actual results that Infrastructure may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. Infrastructure encourages the public to read the information provided here in conjunction with its most recent filings on Form 8-K, Form 10-Q and Form 10-K. Infrastructure's public filings may be viewed at www.sec.gov.
Contact:
Contact:Infrastructure Developments Corp.Thomas MorganCEO801.488.2006trmorgan@idvcinc.comwww.idvcinc.comMorningstar Corporate CommunicationsChris DovePresident888.876.9995info@mscorpcommunications.comwww.mscorpcommunications.com
GMGM MBT> WHats happening today
Whats happening CHe Che> Time for some market Chop Suey
must see this chart and PR>>
http://finance.yahoo.com/news/Infrastructure-Developments-iw-784782685.html?x=0&.v=1
can you say Thin-Mint
you and I both> explosive potential imo. Bound to see teens again soon, and this time I believe it should keep the growth cycle in place.
IDVC +8% News Out> Debt Restructure> offers just resuhffeled 35 on deck http://finance.yahoo.com/news/Infrastructure-Developments-iw-784782685.html?x=0&.v=1
Yessir, thank you brotha>
Thank you Mark> Back at ya, and nice board!!
Attempted shakeoff didn't work> .05 x .059
Severly undervalued about says it>