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Problem is the sellers. Not sure what would incent anyone to sell right now, or even dillute. Its only $4,000.
I hope the conference call is enlightening.
I'm looking forward to the call as well. I agree on the volume impact. Glad to hear you submitted your questions. GLTY
TDA's chill will have zero impact on dillution as its only 1 broker. The DTC Deposit chill which is what is being addressed, if I'm understanding things correctly will inhibit dillution because new shares can not be issued.
The TDA chill will impact volume though which is obviously needed here.
That doesn't make sense, in many differrnet ways. Can you back up that statement?
My speculation is an update on some of the projects they have in the works. And probably to reiterate some of the Q&A.
I think its great that Todd is taking the time to keep us informed.
Its smart, because it is necessary to get the PPS up if he does want to raise some capital with minimal dilluition and not run with a Pump and Dump campaign. If they are successfull in removing the Deposit Chill then taking that yield sign away will help to attract new investors which we still need to make this run.
GLTYA
Keep in mind its a Deposit Chill only as Todd explained.
Doesn't that actually hinder dillution at this time?
Paradigm to hold shareholder conference call
Details below.
Posters to this board should submit their repetitive questions and listen in.
EUSTACE, Texas, Oct. 31, 2012 /PRNewswire/ -- (OTC Pinks Sheets: PDGO) Paradigm Oil and Gas Inc., is pleased to announce it will be holding a shareholder conference call Thursday November 8, 2012 at 9:00 AM EST at the following number:
Phone Number:
1(209) 255-1000
Access code:
347228#
Please check the website for answers to questions you might have or email tv@paradigmpdgo.com questions you would like addressed during the call. In the event you can't make the call, a playback recording will be available on:
Playback Number:
1(209) 255-1099
Access Code:
347228#
About Paradigm Oil and Gas, Inc.
Paradigm Oil and Gas Inc. (OTC Pink: PDGO) is a dynamic company in business to both provide service work to the oil and gas marketplace and to produce oil. Paradigm's goal is to identify oil producing wells and use modern technology to make them profitable based on modern commodity pricing. For more information about Paradigm Oil and Gas, visit the website at www.paradigmoilinc.com.
Forward Looking Statements.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. Paradigm Oil and Gas, Inc., is a company with limited experience in the oil and gas industry. At the time of this release Paradigm Oil and Gas, Inc. lacks the financial capabilities to meet its financial obligations and its management expects to dilute the Company's shares to raise the necessary operating capital. Based upon industry standards Paradigm would be considered highly speculative and lacks any competitive advantage over its competition. Additional risks you should consider are that this list is limited and additional risks not mentioned may apply: failure to meet Paradigm's financial and contractual obligations, Paradigm's managerial errors made based upon the Company's limited experience and knowledge of the industry, commodity risk, acts of God and regulatory risk. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.
Contact:
Todd Violette, CEO
Paradigm Oil and Gas, Inc.
tv@paradigmpdgo.com
1-214-784-3103
SOURCE Paradigm Oil and Gas, Inc.
Copyright 2012 PR Newswire
Well said. I'm on the team as well. If a PR doesn't come out this week on the amount of oil, I'll email him.
There was 1.5MM shares at .0051 a little while ago, now its gone. I thought dillution right away, don't like that. Give the damn thing a chance to run.
Well, I'm glad it did if its going to continue the run, but certainly raises an eyebrow.
I had a .006 out there from a while ago, and it went right around me. I pulled the order now.
Lets see where this will go.
Do you think it will break .0007 ?
Look at LHPT today!
Its possible somebody put in tierd sells a few days ago and haven't looked at it today. But how did the .0094 sell go around the cheaper Asks?
Pretty sure there is NO Chill.
That makes sense, people have been complanining about trading this and other stocks with cautions with Ameritrade for a long time.
GLTY
There is nothing on the DTCC website saying there is a chill. Where do you see it?
Well thanks Sunshine!
Agreed. I see some hops and skips. I'd love to see it back at a penny.
Whats the word on the street? Any more info. do out soon?
Sounds like smart business to me.
But I agree that its tricky to idenitify which companies will make money in th next 6 months and which will be triple zeroed.
What does the business plan have to do with removing the chill?
Testing has been going on since September for the Centurion One.
This from the October 10, 2012 Shareholder Q&A
Q: When is Oil production going to begin?
A: As of October 9, 2012 Paradigm conducted a field inspection on the Clark Lease. We had field engineer on site conducting the initial costing, project planing and preparing for the the site to be prepared for production. Estimate time into production should be within the next 60 days. We are in the process of designing the operational budget and source in equipment.
I don't think there have been any yet, revenues expected in Q4
Which subsidiary? Tough to keep track.
Are they still acquiring the LHPT subsidiary?
Financing that project was basically impossible so they decided to sell the subsidiary instead to PDGO. The subsidiary has value and therefor LHPT shareholders get paid in shares of PDGO so they remain whole.
I can't say I understand the details, as the # of PDGO stock to be issued has not been announced but the general concept seems pretty clear.
They never claimed to have production or revenue in Q2, refer to Perfectstorms post #39856.
Production began in July therefore Q3 reports should show revenue and production #s. I hope they are timely.
Apparantly in your eyes cause you couldn't see this post #39833
Awesome! Can't wait for the reports. All these knuckleheads that have been saying for years "where's the oil?", will have their answer!
Yes, but if they are going to give shares as a divident to LHPT stock holders, they don't have to dilute on the open market right?
I thought I saw over a million shares on the ask at .0053 am I mistaken?
And know there is 1.2MM shares on the ask at .0053
Don't like that. Dillution? Let the PPS rise first!
Looks like some smart byuing today. They will be very happy in a couple of weeks.
BTW
My stuff only gets deleted when I talk about posters instead of the company. Too bad some of its pretty funny.
I agree. Its not "no-eyes" its more like waiting eyes. Most holders at this point want to see how this plays out, and any new lookers are waiting for the test results and the financials.
Once the next few milestones are accomplished it would be nice to have a comprehensive PR campaign. Then he could raise money without killing the PPS. IMO
Agreed. Timely financials will be critical to getting those investors. A post that stands out in my head from the summer was an investor that had been watching and was possbily ready to make his move, and then the announcement of the financials being late was released, and that killed it for him. Now I know why they were late, but I hope once caught up (which I am expecting eminently) management will keep them current.
Everything is lining up quite nicely for a long and steady run!
Let's get to a penny, then 2, then 3 first! LOL This stock should really start moving. Go PDGO!
Agreed. Could be back over a penny very soon.
Why, did ugotringworm offer "proof" that you can't use it on your own property? You believed him without proof. Do your own DD.
Yes Oil. That's what the Centurian will be pumping, and hopefully a lot of it!
Cant wait for Centurian test results! And getting the financial statements today or tomorrow would really get this rolling.
One can hope.
PDGO!
Do you have any information on the "results" of using Blackstorm or did it never move beyond the initial agreement with Kennedy?
Also there is no mention of Blackstorm being mobile, which I think, is one of the key aspects of the Centurian.
I'm all for innovative ideas to get the black gold out of the ground in an efficient cost effective manner.
The only thing Todd is pumping is OIL!
A lot of words gone may get eaten this week. At least they're still fresh guys! PDGO goin up!
Awesome! That's what I was hoping but wasn't sure, I was speculating out of memory.
Is this thing ready? or what! Let's go PDGO!
I hope the LHPT filings are right behind them, which I assume they are.