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Enterra Energy Trust Meets 2008 Production Guidance
8:02a ET February 19, 2009 (Market Wire)
Enterra Energy Trust ("Enterra") reports 2008 production highlights:
- Exit rate of 9,804 boe per day which was within the range of previously announced guidance (9,600 - 10,100 boe per day).
- Average production of 10,283 boe per day for the year, also within the range of guidance announced (9,700 - 10,300 boe per day).
- Drilled ten (2.3 net) wells in Oklahoma during the fourth quarter, resulting in eight liquids-rich gas wells.
- Drilled six (5.6 net) wells in Canada during the fourth quarter, resulting in three oil wells and three gas wells.
- Total wells drilled in 2008 were 42 (17.4 net), with 97 percent success, resulting in 31 (8.7 net) gas wells, eight (7.2 net) oil wells and one saltwater disposal well.
"We are very pleased to have again met our production guidance at the end of 2008, culminating an important year operationally for Enterra," commented Jim Tyndall, Senior Vice President Operations and Chief Operating Officer of Enterra. "We stabilized our production after significant asset sales in early 2008 and participated in a very active and successful drilling program. Going forward, we will apply the same disciplined processes that ensure we live within our means, control our costs and manage our investments wisely."
Beginning with the 2008 exit rate of 9,804 boe per day and going forward, Enterra will be reporting natural gas liquids ("NGL") volumes from its Oklahoma operations in accordance with the new forms of midstream processing contracts. This change will result in an approximate initial increase of four percent in Enterra's barrel of oil equivalent volumes. In the second quarter of 2009 as another contract takes effect, an additional increase of approximately three percent will occur.
The midstream contracts which prompted the reporting change provide direct compensation for NGL volumes. The new prices have been staging into effect since the agreements were finalized in May 2008 and will continue to phase in during the first half of 2009. The full reserves value of these positive changes will be reflected in Enterra's upcoming year end 2008 reports.
Enterra's Oklahoma drilling program continues with four wells to be drilled in the first quarter of 2009. Canadian capital programs have been significantly curtailed to provide cash flexibility in the interim as economic conditions stabilize and with the expectation that commodity prices will recover later in 2009. Enterra has established strict internal economic hurdles for projects and is directing its capital expenditures to where its best returns exist.
This is assanine to see one of the good stocks shorted like this into extreme oversold territory, and technically a large trade gap below $7.00 breached that needs to be filled in...
Even the few decent corps with serious purpose are being ruined and if people shorting do not watch out, overshorting shares can create point where they never recover for those corps and more harm than good is done in the markets and everybody loses...
Damn good stock, but shorts taking it down like others...
Yes and I used to hold GM stock and sold 90% last month seeing this coming; and as long as FORD keeps going forward NOT requiring TARP funds (Fed's nipple) they will come out of this and reign supreme as I see it!
This early a.m. their CEO comes out again threatening "if we do not get more $$$, we cannot survive next month".... Same thing they said in December and then last month and now starting to sound like spoiled little brats begging for more freebies and they are going to get what they deserve because they cannot streamline costs nor the UAW stupid-headedness see the forrest through the trees as far as giving and living on less like most of the rest of us have had to do across this nation..
The UAW is playing right into Obama's socialism government goals and why they bought him this office and he has to give them anything they want now...
This whole nation and its government is a disgrace on this planet in where we have come in just 230+ short years....
Heck, I find from my accountant I have to pay IRS $1200.00 this year; wonder if there is a "Geitner Exemption" box I can check and conveniently forget about paying this tax to the Government??
Clean energy or regular energy, don't matter; whenever Obama talks or one of his liberal cronies like Geitner the tax cheat, the markets fall further into oblivian!!
Already 2 generations of gains wiped out and DOW 50% below its highs a year ago... Obama is killing any hope of confidence when he speaks as do his other liberal fear mongering spreaders of false hope and only will encourage massive spending, more welfare, and higher costs on us small businessmen/women and those who try hard to work and save..
I think in general, the more the Messiah speaks and his cronies like Geitner, the market falls further and further...
We have lost 2 generations of market gains already... Already 50% below the top of a year ago...
GM going down the tube after this statement.. Nothing will change because the UAW refuses change and Obama today paid tribute to the UAW and should show this nation and its ignorant people, the USA will become like Sweden and by end of Obama's Presidency be communistic/socialistic and nothing of what our forefathers envisioned... Obama and his "team" will encourage more welfare, more laziness, more immorality and those of us working hard will be paying more to feed those too damn lazy to get any job and build a life from and only take more freebie handouts!!!
Statement by the Honourable Tony Clement, Minister of Industry, on the Receipt by the U.S. Government of Restructuring Plans
From General Motors and Chrysler
8:16p ET February 17, 2009 (Market Wire)
On the issue of restructuring plans sent today to the U.S. government by General Motors Corporation and Chrysler LLC, the Honourable Tony Clement, Minister of Industry, made the following statement:
"I am encouraged that General Motors and Chrysler have submitted their long-term restructuring plans. I will not speculate on the content at this point. We look forward to receiving the restructuring plans for their Canadian operations on Friday.
"Our government understands the gravity of this situation with the North American auto industry. My officials and I continue to work closely with the companies and have been ready to provide repayable loans with certain conditions pursuant to the approach set out by Prime Minister Harper on December 20, 2008.
"As I have said before, there is a need for fundamental restructuring of the auto industry in order to achieve long-term sustainability. All stakeholders will have to contribute to making these companies viable and competitive in the long term. The government continues to make progress toward creating a positive business environment by imposing competitive tax rates, harmonizing regulations and making it easier for products to cross the border. We are promoting long-term investment, innovation and job creation across all sectors of the Canadian economy, and the auto industry is no exception."
Contacts: Office of the Honourable Tony Clement Minister of Industry Pema Lhalungpa - Press Secretary 613-995-9001 Industry Canada Media Relations 613-943-2502
SOURCE: Industry Canada
What you are seeing unfold is an end to what the USA used to be and what the new global economy will make it to be.... The stinking, stubborn childish mindset of the UAW and its "members" did not help at all..
Glad I sold 90% of our GM stock weeks ago after some worrisome signs popepd up, and Ford is only solid car stock mainly because they are not tied to fed rules of TARP nor need them..
Until the US and global economy recoup though, everything will be slow growth and down and could well go into many years before normalcy and true costs are assessed from everything from overhyped homes prices to securities valuations...
Watch David Faber's "House of Cards" program and you will see what happened and what will occur because of fraudulently pumped up US housing prices for years and tricky loan programs associated to them forced by Feds, of which 50%, were sold to overseas investors.... You want to know why foreign investors have no interest in US markets; this program will show you why... This US fiasco has literally bankrupt cities across the globe trusting what Wall Street and US bankers were putting out there and lost all their monies invested!!!
Things will recover in time, and Ford is best stock right now in auto makers hands down mainly because they are not on Fed's nipple string for TARP loan; but just watch David Faber's "House of Cards" program and you will see, what was allowed to occur with US mortgages for last several years could well bode many, many years until a normalcy and true basis of costs returns to everything in the markets here in USA & globally because of 50% of CDO's sold to overseas investors affected every other economy globally due to Wall Street greed & banker/lender games along with their brokers-
Until we are out of the extreme recession or possibly massive depression because of what those tied to mortgage market allowed to occur so long, nothing will get better to any resemblance of what we saw previously...
Maybe some phone calls to RBRM HQ about this might help answer some of these???
I sincerely hope Dr. Phillips is the man of integrity he portrays and seems, as another CEO screwing over investors may well see people hunt these persons down and deal with justice the old fashioned way- as after yesterday's DC hearings against bank CEO's it is very evident the majority of citizens are just a notch away from going after bankers, brokers and any CEO who cons & screws over those trusting and trying to invest for their futures to see it all disappear by such crooks unscrupulous greedy behaviors...
I hope Dr. Phillips reads these posts as again as I posted, I sincerely hope this change is nothing like what the criminal UK CEO for Fox Petroleum did over a year ago killing all of their investors' funds (mine included) and only getting highly skilled PR releases and beautiful disclosure packets mailed to them to lure more investor funds up until the end...
GM In Talks With China's SAIC To Raise Cash -Reuters
Last update: 2/12/2009 1:57:00 AMDOW JONES NEWSWIRES
General Motors Corp. (GM) is in talks with China's SAIC Motor Corp. (600104.SH) about a potential sale of GM's stake in their joint venture or other assets, Reuters reported Thursday, citing two unnamed sources familiar with the discussions. GM approached SAIC recently with an offer to sell some of its stake in the joint venture, the news agency said, citing the sources. GM and SAIC had no comment, Reuters said. Full story: http://in.reuters.com/article/rbssConsumerGoodsAndRetailNews/idINN1241570720090212
GM Bondhldr Concession Demands May Push Co To Bankruptcy-ReportLast update: 2/12/2009 6:17:27 AMDOW JONES NEWSWIRES
General Motors Corp. (GM) bondholders want more money in exchange for forgiving billions in debt and are threatening to push the company into bankruptcy if they don't get it, The Detroit News reported in its Thursday editions. GM has been negotiating with bondholders this week on a debt exchange that would cut the auto maker's unsecured debt by two-thirds to $9.2 billion, but it would have to get the bondholders to accept about 30 cents on the dollar, which is a requirement of the company's $13.4 billion federal loan package. The bondholders are demanding 50 cents on the dollar, which they say mirrors the value of concessions being negotiated with the United Auto Workers, said people familiar with the talks. If GM cannot reach a deal on concessions with bondholders and with the UAW, the government could recall the $9.4 billion GM has already received and effectively force the automaker into bankruptcy. A source familiar with talks said negotiations are ongoing and proposals are being exchanged among the parties.
Newspaper Web Site: http://www.detroitnews.com (END) Dow Jones NewswiresFebruary 12, 2009 06:17 ET (11:17 GMT)
The irony in all this regarding GM, is none of these job cuts are from the UNIONS or its people!!!
Talk about hipocricy of those who bought Obama into the Presidency...
And Obama talked of creating more jobs whereas he and his liberals are doing everything to reduce taxpayers with wages meaning LESS tax dollars in withholdings going inot coffers og Fed & State governments creating more stress on the tax system and the cashflow the government(s) need or required to exist...
Yes I have been overseas and travelled the USA pretty extensively the last 29 years.
Just this morning I had conversation with Paramedic and a "cutter" regarding this same issue and they too say the same thing as I posted- The roadways, especially youngest drivers, are worse than ever as are accidents at younger ages. Police officers I have talked with say the same thing.
The "cutter" was the man they call in for dead victims of car crashes to simply cut bodies out for the M.E., and he was telling us about 2 girls the other night (1-16yrs with new license and other 15yrs as passenger) who were driving Honda Civic too fast for road conditions and slammed in back of an SUV. The SUV got minor damage, but the Civic was smashed from back to front with literally parts of the victims scattered throughout the mangled mess and roadway he had to cut out and Paramedics clean up...
Word from all of them is forget the press and green talk or gas mileage issues as they are not that great if a person truly takes good mechanical care & maintenance of any vehicle; you are safer in larger vehicle as they see it, especially those with full frames as many mid sized cars even are going back to Uni-Body frame or false frame which is less strength oevrall of the vehicle should it crash.
TD Repply letter this afternoon::
RE: RBRM
Dear Steven XXXxxxxx,
Thank you for your inquiry. TD Ameritrade facilitates mandatory reorganizations, such as name changes, on behalf of its clients. Once we have received the new shares that reflect the name change, your account would be updated accordingly by having the post-name-change shares added and the pre-name-change shares removed.
If you have any further questions, please contact the Reorganization/Safekeeping Department at 888-723-8504 and choose Option 1 from the menu.
Wade Kumke
Reorganization/Safekeeping Specialist
TD AMERITRADE
I know and I hope more people open their eyes seeing this and wake up to the reality of this nation and our messed up governing official.
I am waiting on TD Ameritraade to get back to me regarding all my 200,000 or so shares and this new name change & ticker symbol....
Yes it is all crazy. The main reason people buy larger vehicles today (especially with children) is for safety as America's roads are the most dangerous in our existence mainly because we have gotten away from common sense as a main factor in every aspect of our lives and we have literally millions driving who are illegal with false papers who do not navigate our roadways safely either adding to the daily risks we take getting behind a wheel- to drive anything compact or subcompact regardless of the fuel source is simply playing with your life or others you are driving with.....
Another point as in my area of North Carolina, is insurance companies are making changes to make them more money in higher rates based on this; but also laugh as you will, Geico who we have been with for 10 years tried to raise our rates on renewal saying GMC and other similar 1/2 ton or larger pickups in North Carolina now are considered higher risk vehicles!!! Can you believe this crap??
He who controls the oil, controls the planet......
Today so many parts in any automobile are from oil like your plastics... Oil demand will not and cannot go away unless we return to how America used to be, using mroe metals/steel in cars (helping thsoe industries) eliminating the pplastics used (reduces petro demand) and we go back to what we used ot have up to about the early 1970's....
Biggest problem nobody is talking about, nor did Obama last night in that ridiculous speach, is the uttter increase in population both in USA and the world adding increased demand in every area not just energy needs...
We can talk "green" all you want (which is a con anyway and nothing new), but it will make no difference as we keep our borders open and know 1-3 more illegal Mexicans will come in every year and demand on our food and other resources will keep growing and draining this nation.
This is a known and old news and was clealy outlined in all SEC filings of the past 2 years, so to me is a non issue here.
As long as everything was "legal", there is no hanky panky going on as many small corps start as family endeavors like Bob Evans Restaurants for one and many others..
China Precision Steel Announces Second Quarter Fiscal 2009 Results
6:00a ET February 10, 2009 (PR NewsWire)
China Precision Steel (Nasdaq: CPSL), a niche precision steel processing company principally engaged in producing and selling high precision, cold-rolled steel products, announced today its fiscal 2009 second quarter results for the period ended December 31, 2008.
Second Quarter Highlights -- Revenue increased 32.9% period-over-period to $17.6 million -- Gross profit was $3.5 million, down 26.6% versus second quarter 2008 -- Net loss of $2.0 million resulting from a $3.8 million allowance for bad debt -- Fully diluted loss per share of $0.04 -- Exports generated 75.3% of total sales
"Export demand remained healthy during the quarter resulting in stable sales of our low carbon steel products while the domestic demand for our high carbon steel products declined as our customers moved to reduce their inventory," commented Dr. Wo Hing Li, China Precision Steel's Chairman and CEO. "Although our domestic sales were adversely impacted by the global economic downturn, we believe our business will benefit from the Chinese government's economic stimulus plans including a rejuvenation plan for the steel industry and a Chinese auto industry bailout. Furthermore, precision steel products tend to be a leading economic indicator and as such, our industry is the first to experience the impact of a purchasing slowdown and will be the first to benefit from the economic recovery."
CLNE has proven stamina and growth in this turbulent economic time we live in...
Ford is only car maker that has value to invest in not tied to Fed TARP funds...
Most corps have no dividends right now because of the economic collapse all over so to say this about Ford is a mute point...
GM & Chrysler as Is e eit now will not meet this month's TARP goals for thsoe handout funds of our taxpayer monies, so bankruptcy for both of them. Ford will be fine as I see it from here..
Regardless we have a long time until any sense of normalcy returns anywhere in the USA and Obama and his gang are not doing anything to benefit any consumer- only more favors to those who caused this mess and do not deserve our tax funds...
As of today, I now say BANKRUPT.
LOOK, this 0% financing is a con game and I visited several GM dealerships to get to bottom. The mfgr incentives & perks are given back to finance company basically, but you are now paying 60 months for a vehicle they are selling at MSPR prices- NOT any respectable discount price whatsoever, so the consumer is not gaining in any manner and the prices still, in my belief, are too high for many of these vehicles and one reason they are not selling..
Also regarding the older "like new" or "one owner" cars they advertise, here in NC, prime banks now are saying at 4 years of age, no car/truck has value, so they are starting interest rates at 13%+ for them and tell you they are unsecurable car loans because of this.. Can anyone say "scam"???? Just imagine what the subprime secondary lenders are charging here for interest rates!!?? They can charge up to 30% for used car loans and another reason even the dumbest person is not buying a vehicle as they see the credit trap that can ensue...
NOT one damn thing has occurred to benefit Mr & Mrs consumer and the very people who screwed up the economy are the ONLY ones makling money & receiving free taxpayers' monies and refuse to tell any of us where they are spending those funds!!!!
Yes and why I sold 90% of my holdings weeks ago and GM falling fom there... One reason is I do not see them meeting TARP terms this month and ONLY Ford was not in need of federal hands in their pockets so that is all I will say on this.
I am a GM owner and I like GMC trucks, but the union(s) have and are killing what is left of the auto makers, and perhaps one day, we will see the US govt become a Carmax-like institution to where we all are forced to go to purchase a vehicle since the Govt owns/controls GM & Chrysler at this time by virtue of the TARP net...
I am not naive as someone posted, but I agree with much of the posters in here regarding this company- but this nation and the global investment community is messed up badly, and look, even Fannie Mae is like 50 cents per share today! A penny stock!!!
One thing Obama and others need to step out of way and let bad businesses fail and good ones survive for the long term. Obama & gang are doing nothing good for anything but to make it far worse meddling... Govt funds need to (0r should have) been given to us majority small business owners across the USA (to seriously stimulate economies from every town)- NOT to more of the few top corps & banks who either orchestrated this crap or caused it in some manner, as it should be evident to the gullible masses already, $Trillions have been lost of our taxpayers' funds given blindly to these unscrupulous banks & insurance firms and others and not one penny of those funds or Obama's plans will do anything positive for the majority of working Americans either way...
I as an investor have owned about 1/4 million shares of RBRM accumulated from the start about 2 years ago. I am very upset too at all the previous press releases as now they are starting to look to me much like what Fox Petroleumm did to its investors and then got SEC approval to relist under new ticker and reverse split of shares and in the end it took literally all "trusting" investors' funds while the CEO made off handsomely....
I trust RBRM is doing this as a good business move but time will tell. I have communicated to Dr. Phillips in past like others too. I have also stated many times they need to get off internet so much and somehow get their business across the desks of Bloomberg or CNBC reporters to get word out to give more credibility to global investors seeking decent long term plays at this time...
I agree Trade2Much and I believe millions of Americans do too.... Especially after so much corp fraud the last 1-2 years coming out..
Investing like anything in life poses certain risks surely.. But if we are to have integrity and a system of checks & balances out there from govt to Wall Street,. so that published information & filings is accurate for inevstors to make decisions and trust the info, then great.... But it seems so much fraud has been allowed to go on and it has detsroyed many millions of hard working Americans who trusted the SEC published info on many corps of all sizes and have found much of the info very inaccurate, but nobody cares about those losses to us millions of smaller investors seeking a way to grow our wealth... Just favors to the top corps & banks as usual it seems.
Perhaps it is time for peopel to take arms and march on the US government and demand change as our forefathers endowed us to do if such a sccenario should ever play out? And YES, prosecute to the limit any and all persons of political positions we entrust to run our nations' purposes here & globally to root out all the vil & bad & corruption that has been allowed to be a socially accepted practice for way too long, so that perhaps, one day, this nation and its elected officials can eb respected & trusted again and the information the p[ublic is given from govt to the press is factual and verifiable so us smaller inevstors and others globally will trust to risk our monies again into any company regardless of its products or services..
Market Watch Report on RBRM::
ReBuilder Medical Technologies, Inc. (RBRM) Announces Sales Increase In Jan. 09
5:53p ET February 5, 2009 (PR NewsWire)
ReBuilder Medical Technologies, Inc. (Pink Sheets: RBRM) a provider of electronic and silver based treatments for diabetic peripheral neuropathy and Molluscum Contagiosum today announced it has experienced an increase in sales for the month of January.
"As we have stated before, we appear to be recession proof and this monthly sales turn around may indicate the hoped for bottom of the economic recession - at least for us." said David Phillips, Ph.D. CEO.
Additionally, Dr. Phillips hints: "Watch for further announcements in the very near future. We are very excited about the new options that are before us."
Inquiries can be made at www.americanmedtech.com or www.rebuildermedical.com.
Yes TheSource, the Obama administration is doing nothing as far as any stimulus, and the best idea I heard was on Lou Dobbs last night and resonated from a Republican Senator to give $15,000.00 tax break to anyone buying a home the next 2 years plus fixing mortgage rates at 4% on those new mortgages, which would seriously impact the housing mess and markets and get to the core of where this all came from; but the Democratic control refuses to answer to this and Obama's "stimulus" is a pork package going back to everyone who placed him in that office and will do not one red cent of help to the economic troubles we face in any manner...
I and millions of others have said, to stimulate business, you have to go to the many small business owners out there like myself- NOT the top corps (especially greedy banks who schemed this housing subprime loan/securitization mess that blew up in their faces)who have untold assets and wealth globally; as the small busienssman or woman are the main people who frequent every type of supplier in their local regions which effectively places monies in those regions quickly that stimulates everything in a positive manner, but again, Obama's administration refuses to see this and only cares about pushing a nearly $1Trillion welfare package back to his supporters...
The small business man is of the main middle class and lower class person out there and used to be the majority of this nation; but everyting in this economy is due to many people simply have now ealth left or no incomes or assets or less cash tow ork with; so all these federal experts saying people need to start to spend are not seeing that people simply cannot spend with what they no longer have and why auto makers and retailers and hosts of others are in very bad shape, as everything in this nation used ot be supported by a majority middle class blue collar work force for decades that no longer exists... And when we lost the majority of Americans living above poverty with a real "living wage", this slowly had a negative eroding effect at every corner of our country to where we have come today, with few now able to afford thigns as they always had, but a majority who no longer can... So all the sales and sliack ad talk will do no good as people simply cannot come out and buy gadgets and such if they have no credit left or no cash especially....
Trade2Much you are very correct and I am hoping finally many peoples' eyes are opening up to see how things really are with our screwed up government and privilege of the wealthier over the common citizen...
What makes me sick over these tax cheats Obama is appointing is these are the very persons who are supposed to represent the American people and our democratic system at its highest levels and know what the laws are and what is expected; but they are so highly compensated and live in a small world of elitists like them, they forget where they came from...
I even recently had my 2nd episode with IRS and I am beyond upset at hearing about these Obama picks who willfully did not pay owed taxes over $100,000.00 and act like they had no idea or forgot? If this were me or anyone else who is the normal citizen, the IRS would be on your doorstep in a minute....!! For Example, I came home from work last winter and had a visit by courier with certified large envelope from IRS and contents I signed for, basically were a demand letter and threat for me to contact IRS immediately (they didn't know my new address supposedly) as there was some former 3rd quarter business tax owed like $15,000.00 - $30,000.00 and all my known assets would be frozen and bank accounts, etc. etc.... So after I did this the next day losing work mind you, it saw me get involved with IRS investigators for 6 months and all my past tax files (personal & business in storage) to find that someone stole an old EIN number I once had in a state I no longer lived in for 12 years, and they were using that for false IRS filings and receiving refunds, etc. and when it was all revealed, the IRS finally sent me a letter that didn't say "thank you for working with us", but it was this form type letter stating I did my duty as a taxpayer and cleared my outstanding debt to them and the case would be closed. But there was no "case", as I did not owe them any taxes as I was first contacted about, as filings they saw were from some scammer or such using an old retired EIN number from a business I sold in 1996, but the IRS never came at me nicely about it- they threatened me about going to jail for not paying my business tax due and fines and so forth.. But I had to do the leg work and waste time running around to provide years of tax copies and forms to show them I was who I was here, and that I could not be the party in another state they evidently were receiving bad tax filings from.
My 1st bad experience with IRS was when I went through 2 1/2 year divorce mess in Colorado courts 11 years ago, and when everything was done and I was bankrupt & broke (no retirement left, no college fund for kids, no assets, house force sold by judge, etc), the IRS then contacted me the next year and audited me because they saw my tax filing the next year show a smaller income than previously seen on 1040's and red flagged me.. SO I cooperated from the start and the agent even then was nasty to me, demanded things from me, and even acted like some Nazi saying if I refused to cooperate in any way, that I could face prisonment and harsh fines, etc... Just the things you want to hear from your government when you did nothing wrong!.. Well when that issue was all investigated and checked, it was found there was some issue on a past joint tax filing with my then ex-wife years before, and so when this amount was realized from receipts the IRS checked and so forth, I contacted the ex-wife's lawyer and her saying since it was to do with her IRA early withdrawl she made, I said I would split that tax bill 50-50 just to get this thing behind us to make new start after so much misery already with her in court system over her wants & demands.... Well the ex said "go to hell" to me of course, and so I ended up paying my half of that debt anyway plus several years after when I did remarry, the IRS came and took mine & my new wife's tax refunds to repay the other half of that debt from my ex wife and we had no say each time and only received letter to the effect- and my current wife to this day of course is still very upset the IRS took tax refund monies of hers to repay my ex wife's backtax obligation, but the IRS didn't care. They told me then it was a civil issue I had to go back to court to get a judge to demand my ex repay me/us for what we paid as the IRS had no part of that and only saw me, the "man" and "head of household" living in another state and income coming in that "household" which they took all tax refunds for several years until that debt was repaid..
So you see, the last 10 years or so, I have experienced the IRS and their cold ways and each time, I did my part as a legal tax paying citizen, but first time was forced to repay my ex-wife's debt in taxes plus a second time last year they came at me for quarterly Form 4 business taxes I never owed as someone stole some EIN numbers and threatened me with prison for not paying my biz taxes..... SO YOU TELL ME HOW THE HELL OBAMA'S TOP PICKS CAN GET AWAY SO LONG WITH SUCH HUGE TAX BILLS AND ACT LIKE IT IS NO PROBLEM, AS I FOR ONE AS A HARD WORKING TAXPAYER HAVE EATEN CRAP AND DEALT TO IRS 2 TIMES WITH NOTHING BUT HEARTACHE EACH TIME AND NO COMPASSION FROM THEM...???
IRS, or I should say, the federal Govt has every bit of info on us stored in data centers so it is not hard to find anyone they need to find at any time.
Well I bought some of this on its own merits and wonder if the impending refinery workers strike talk will have any effect here???
Also Obama screwed up badly and is showing his colors as all his promises are talk of another trained trial lawyer who uses legal deceit to further his personal agenda- and why this "porkulous package" as it is becoming known as is an appropriations bill basically repaying former failed democrat projects of worthless value and NOT one penny will stimulate the economy or any average hard working American's financial situation.
This talk of highways & road projects is crap... We already have funds for those in place for decades in every state in form of the taxes we all pay for every gallon of gasoline purchased daily (supposed to be for roadway projects)- problem is bad management in most states to these funds already in place so this talk of bridges & roads is a hoax and lies to the American people and will do nothing to help this economy or many hard working citizens...
The ONLY way to make any change is for these D.C. politicians to stop this crap and give real funds to the millions of us small business owners who always were and have been the backbone of the US, and NOT the major corps or especially the banks who created this massive specualtive housing fraud on the world, as ONLY us small business owners will spend & invest in our communities and into many supplier and chain stores for our business purposes of which ALL of this capital will have only a positive effect to us, and many other businesses tied to us... trickle up is ONLY way (not trickle down as Obama is doing), and this extreme radical liberal Obama and his administration is killing the last leg we all have to stand on and will force this nation into a socialistic governance, something our forefathers did NOT want to see happen, as this nation was founded and created to be an opportunity for individuality and entrepreneurial endeavors to grow & advance, and this is far from where we are today...
Hmmm heard word refinery workers may go on strike as oil prices are too low and it is affecting them and their jobs..??
Well 8000 seems to be the bottoming range of the DOW and so many stocks sitting out there at rock bottom prices- but I wonder why this firm has not started their delayed PR campaign they claimed to do once things settled down to lift its stock and get better investor interest in it as so many former large cap stocks are now penny stocks today, and RBRM at least has something very tangible and total cashflow positive and no debt, something 99% of companies out there do not have right now, but RBRM does!
You would think this is something they would want to get CNBC or other news interests to report on regarding these facts in this historic time we are living in...???
LOL Got to laugh, almost everything is down and economy messed up, yet today all the shares of my LUM have risen... Bad to be stuck with so much ruined LUM stock like others being screwed by the Corp Board heads of this firm.
Yes this seems definitely to be the bottom range for PUDC, and this stock and many others are sitting at rock bottom prices right now thanks to this wrecked economy and bogus stimulus porkulous package of Mr. Obama's adminstration..
Have this in our portfolio and actually just bought some SUTR as well similar to this for long term.
I like this to here and we bought some initially to add to our portfolio.