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Chinese Wedding Night
A young Chinese couple gets married. She's
a virgin. Truth be told, he is a virgin too, but she doesn't know that.
On their wedding night, she cowers naked under the sheets as her husband undresses in the darkness. He climbs into bed next to her and tries to be reassuring.
'My darring,' he whispers, 'I know dis you firss time and you berry flighten. I promise you, I give you anyting you want, I do anyting - juss anyting you want. You juss ask. Whatchu want?' he says, trying to sound experienced and worldly, which he hopes will impress her..
A thoughtful silence follows and he waits patiently (and eagerly) for her request.
She eventually shyly whispers back, 'I want to try someting I have hear about from odda girls... Numbaa 69.'
More thoughtful silence, this time from him.
Eventually, in a puzzled tone he asks her,
'You want... Garlic Chicken wif snow peas?"
Good afternoon:
The latest S1A filing is a preliminary prospectus or as they call it in the trade a, "Red Herring". It means for us at least that we are about to get underway. The only thing to make this a final prospectus is a start date.
That starts the mailing to the people that were share holders of Record December 18th, 2008. From the filing you will be able to purchase 1 share at the price of $.07, (7 cents), for each 2 shares held as of that date.
I believe MRT will grant the application and the process of drilling will begin.
There is a lot in the works to make this happen. A drill rig will be moved to the Bellevue site and set up, once the money is in place. Manpower will be called in and the hotel will be ready to feed and house the workers. Supplies to support the drilling will be moved back to the site as well.
Once the drill starts turning and we strike oil, (hopefully) there will be rejoicing in the street of Hobart and a lot of shareholders with big smiles on their faces.
We are long overdue, so lets have at it.
EEGC is my pick for the week
Good morning on this Snowy day.
Please keep in mind that the company is going in a different direction with its venture into actual mining. Previous business was mapping and it still is. They have expertise in finding deposits of minerals and hydrocarbons and its a natural migration into mining using their findings.
This will have to be developed over the years and the advantage they have is the ability to locate deposits fast. Mining is a different business and requires large amounts of capital, experience, and a large work force and equipment not to mention leases.
One way to raise money is through joint ventures, where there is a profit sharing agreement.
The key to investing in this type of business is patience.
I am sure as the company moves forward there will be many meetings and joint ventures, so hang in there and some day we may all get a nice return on our investment.
KATX has the makings of a successful company.
Talk about going to a higher exchange is pure dream world.
The way it works is you build a company first, generate revenues and expand on generating higher revenues then after a few years of growth and the need for additional capital you reach out to the financial community. To reach the financial community you hire a quality well respected auditor and prepare financials for the previous years and current year. Seek out an exchange that best fits your needs and goals and meet the listing requirements. That's all it takes, sounds simple. It takes a lot of hard work and devoted management to build a company. The price per share will grow with the company and don't for one minute think it will happen over night. It won't! Patience is the watch word. If you don't have it then your in the wrong investment.
check your numbers they are wrong
TEGR is interested in mining for hydrocarbons in Tasmania and some EEGC investors are slowly buying shares in TEGR. Something is going on.
Terra Diversified Drilling, LLC ("TDD"), a wholly owned subsidiary of the Company,
There are thousands of new exploratory wells drilled in the United States each year, with even more farm-in wells offered to industry participants by "farm-ors." Generally, during difficult economic times, the number of quality prospects seeking capital increases. Based on Terra's recent survey of the market through industry sources, it is finding there is an abundant and excellent opportunity available presently. Terra will screen all prospects, grade them and choose the best for investment
About Terra Energy & Resource Technologies, Inc
Terra Energy & Resource Technologies, Inc., through its subsidiary Terra Insight Services, Inc., provides mapping and analysis services for exploration, drilling, and mining companies related to natural resources found beneath the surface of the Earth. The Company uses a suite of innovative and efficient technologies, which facilitate the prediction and location of commercially viable deposits
of hydrocarbons, gold, diamonds, and other natural resources, and assesses them for any given geographic area -- on or offshore. For more information, visit http://www.terrainsight.com
Over the next several years, TDD will use its technological competitive advantage to pick quality oil and gas prospects in North America and commit funding to them. TDD will invest as a minority interest owner ("farm-in basis") in scores of drilling prospects that meet strict criteria and are managed by proven sponsors/operators. The anticipated result will be the creation of a high income portfolio of oil and gas wells with extraordinary diversification. Prospect selection will be optimized using Terra's proprietary technological screening process which includes several independent technologies. Terra's process incorporates unique scientific methods which are commercially unavailable in the exploration industry today. The methods apply innovative analytics and sophisticated algorithms using data sourced from satellite imagery, soil samples on the surface and seismic data from the subsurface. The strategy will essentially pick the best drill-ready prospects available and then limit prospect selection to the 'best of the best,'" said Dmitry Vilbaum, Chief Executive
Officer of Terra Energy & Resource
Terra's technology suite answers many of the critical questions required to drill for hydrocarbons with confidence. The prospect selection process will be based on the industry's best geological and geophysical practices coupled with Terra's unique, innovative, and proprietary technologies
that include the satellite-based Sub Terrain Prospecting Technology (STeP®), the geochemical method of Naturally Adsorbed Gas Survey (NAGS) and the unique seismic technology of Side View Seismic Locator (SVSL). Terra expects to significantly increase the economic success of its oil and gas investments and generate above-average cash flows
and reserves
The TDD strategy will achieve remarkable diversification by investing in drill-ready, non-operated prospects, sponsored by U.S. E&P companies, spread across several geographic regions and various well depths. The Company projects to participate in 200+ prospects over 10 years
(OTCBB: TEGR), a natural resources exploration technology company, is launching Phase II of its long-term business plan
-- leveraging its technology to build a superior portfolio of oil & gas production and reserves in the United States. It is anticipated that the initiative will be significantly accretive to Terra's revenues and earnings. Terra Diversified Drilling, LLC ("TDD"), a wholly owned subsidiary of the Company, will acquire a minority interest in U.S., non-operated oil & gas prospects on a "farm-in" basis. The Company will invest into highly graded oil & gas drilling prospects through TDD, seeking profits from the production and sale of hydrocarbons
Good things in the works. the company is moving in the direction of mining as well as mapping. Lots happening. Stay tuned.
Here are some numbers to crunch while you are waiting:
Using only Bellevue and assuming 500,000,000 barrels of retrievable oil.
Assuming a pump can pump 2,000 barrels a day.
It would take 250,000 days or 685 years to remove the oil.
So it says to me we need multiple pumps, OK now how many?
If we have 100 pumps working at the same time we could remove the oil in 6.84 years., OK now how long will it take to drill 100 wells? If they can drill 15 wells in a year it would take 6.66 years to drill using only one rig.
What I am trying to show is that this is not an over night fad. It will take joint ventures and a lot of money to built the structures to deliver the hydrocarbons and as the company grows so shall the PPS.
As I have always stated this is a long term hold and will pay for your kids education, wedding, your retirement, etc.
This is all predicated on the company striking oil.
REMEMBER I AM ONLY USING ONE SITE IN THIS EXAMPLE, IMAGINE ALL OF THEM IN THE FORMULA!
Good morning.
The long wait is almost over. I anticipate news within days.
Good luck to all patient investors.
National Instrument 43-101
From Wikipedia, the free encyclopedia
Jump to: navigation, search
National Instrument 43-101 (NI 43-101) is a mineral resource classification scheme used for the public disclosure of information relating to mineral properties in Canada. The NI is a strict guideline for how public companies can disclose scientific and technical information about mineral projects on bourses supervised by the Canadian Securities Administrators.
NI 43-101 is a national instrument for the Standards of Disclosure for Mineral Projects within Canada. The Instrument is a codified set of rules and guidelines for reporting and displaying information related to mineral properties owned by, or explored by, companies which report these results on stock exchanges within Canada. This includes foreign-owned mining entities who trade on stock exchanges overseen by the Canadian Securities Administrators, even if they only trade on Over The Counter (OTC) derivatives or other instrumented securities.
Many publicly held mineral exploration and mining companies list on the TSX Venture Exchange (TSX-V) or the Toronto Stock Exchange (TSX). They also list on the Johannesburg Stock Exchange, Australian Stock Exchange and London Stock Exchange.
Disclosures covered by the NI 43-101 code include press releases of mineral exploration reports,reporting of resources and reserves, presentations, oral comments, and websites. The NI 43-101 covers metalliferous, precious metals and solid energy commodites as well as bulk minerals, dimension stone, precious stones and mineral sands commodities.
The National Instrument 43-101 is broadly comparable to the Joint Ore Reserves Committee Code (JORC Code) which regulates the publication of mineral exploration reports on the Australian Stock Exchange (ASX). It is also broadly comparable with the South African Code for the Reporting of Mineral Resources and Mineral Reserves (SAMREC)[1].The reporting codes are, however, not entirely congruent in practise, in that NI 43-101 is more prescriptive in terms of the manner in which mineral exploration reporting is presented, although the content of the technical reports, and the scientific rigours to which the mineral resource classifications within them are put, are often very similar.
For TSX listing purposes,an NI43-101 Technical Report would have to be accompanied by an NI43-101 Cimval Report. For ASX listings, a JORC Mineral Resource Statement needs to be accompanied by a Valmin Valuation Report, while for JSE listings, a Competent Person's Report (CPRs), which is compliant with SAMREC and The South African Code for the Valuation of Mineral Assets (SAMVAL), needs to be submitted.
In many cases, NI 43-101 and JORC Code technical reports are considered inter-changeable and may be accepted by either regulatory body in cases of dual listed entities and, indeed, are accepted as the de-facto industry reporting standard by many other jurisdictions which lack similar rigorous reporting standards or internationally recognised industry professional bodies. The LSE, for instance, accepts CPRs, Qualified Person's Reports (QPRs), and Mineral Resource Statements, compiled using JORC, SAMREC and SAMVAL, or NI 43-101, when accompanied by a NI51-101 Valuation Form, for listing on the LSE.
I would strongly suggest you all read up on NI43-101 rules and regulations. Its the Government standard for valuation of mineral assets. To evaluate assets it must be done by a qualified person and the results submitted to the Canadian Government. Once they have formally established the value of the assets they can move forward with an accepted valuation.
Also consider there may be many NI43-101s involved as different concentrations may be involved and different minerals may also be involved.
this is not a simple process and its costly.
Time to Invest in U.S. Onshore Oil & Gas Prospects -- Terra Energy & Resource Technologies Initiates a New Investment Strategy, Leveraging Its Breakthrough Technology
marketwire
*
Companies:
o Terra Energy Resource Technologies, Inc.
Press Release Source: Terra Energy & Resource Technologies, Inc. On Wednesday February 3, 2010, 7:00 am EST
NEW YORK, NY--(Marketwire - 02/03/10) - Terra Energy & Resource Technologies, Inc. (OTC.BB:TEGR - News), a natural resources exploration technology company, is launching Phase II of its long-term business plan -- leveraging its technology to build a superior portfolio of oil & gas production and reserves in the United States. It is anticipated that the initiative will be significantly accretive to Terra's revenues and earnings. Terra Diversified Drilling, LLC ("TDD"), a wholly owned subsidiary of the Company, will acquire a minority interest in U.S., non-operated oil & gas prospects on a "farm-in" basis. The Company will invest into highly graded oil & gas drilling prospects through TDD, seeking profits from the production and sale of hydrocarbons.
The TDD strategy will achieve remarkable diversification by investing in drill-ready, non-operated prospects, sponsored by U.S. E&P companies, spread across several geographic regions and various well depths. The Company projects to participate in 200+ prospects over 10 years.
Terra's technology suite answers many of the critical questions required to drill for hydrocarbons with confidence. The prospect selection process will be based on the industry's best geological and geophysical practices coupled with Terra's unique, innovative, and proprietary technologies that include the satellite-based Sub Terrain Prospecting Technology (STeP?), the geochemical method of Naturally Adsorbed Gas Survey (NAGS) and the unique seismic technology of Side View Seismic Locator (SVSL). Terra expects to significantly increase the economic success of its oil and gas investments and generate above-average cash flows and reserves.
"Our technological advantage drives our competitive edge. The most significant contributing factor in the business of oil and gas exploration is the drilling success rate, which directly correlates with how accurately geological and geophysical experts and methods predicted any given drilling location. TDD will utilize the Terra Technologies and a set of strict criteria during the prospect selection process to significantly increase the success rate and therefore substantially improve the TDD project's economics, as compared with industry norms," said Dr. Alexandre Agaian, Terra Energy & Resource Technologies' President. "TDD plans to build a high-quality portfolio that yields enough excess cash flow to reinvest in new prospects, significantly augmenting the total number of prospects drilled and reserves generated. We intend to give priority to TDD, because TDD's strategy has a highest profit potential for Terra and its shareholders."
"Over the next several years, TDD will use its technological competitive advantage to pick quality oil and gas prospects in North America and commit funding to them. TDD will invest as a minority interest owner ("farm-in basis") in scores of drilling prospects that meet strict criteria and are managed by proven sponsors/operators. The anticipated result will be the creation of a high income portfolio of oil and gas wells with extraordinary diversification. Prospect selection will be optimized using Terra's proprietary technological screening process which includes several independent technologies. Terra's process incorporates unique scientific methods which are commercially unavailable in the exploration industry today. The methods apply innovative analytics and sophisticated algorithms using data sourced from satellite imagery, soil samples on the surface and seismic data from the subsurface. The strategy will essentially pick the best drill-ready prospects available and then limit prospect selection to the 'best of the best,'" said Dmitry Vilbaum, Chief Executive Officer of Terra Energy & Resource.
There are thousands of new exploratory wells drilled in the United States each year, with even more farm-in wells offered to industry participants by "farm-ors." Generally, during difficult economic times, the number of quality prospects seeking capital increases. Based on Terra's recent survey of the market through industry sources, it is finding there is an abundant and excellent opportunity available presently. Terra will screen all prospects, grade them and choose the best for investment.
About Terra Energy & Resource Technologies, Inc.
Terra Energy & Resource Technologies, Inc., through its subsidiary Terra Insight Services, Inc., provides mapping and analysis services for exploration, drilling, and mining companies related to natural resources found beneath the surface of the Earth. The Company uses a suite of innovative and efficient technologies, which facilitate the prediction and location of commercially viable deposits of hydrocarbons, gold, diamonds, and other natural resources, and assesses them for any given geographic area -- on or offshore. For more information, visit http://www.terrainsight.com.
Safe Harbor for Forward-looking Statements
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. There are many factors that could cause the Company's expectations and beliefs about its operations, its plans to acquire interests in exploration properties or technologies, or its plans to drill or drilling results to fail to materialize, including, but not limited to: competition for new acquisitions; availability of capital; unfavorable geologic conditions; prevailing prices for oil, natural gas and other natural resources; and general regional economic conditions.
Contact:
For More Information, Please Contact:
Terra Energy & Resource Technologies, Inc.
212-286-9197
Email Contact
I was so depressed last night thinking about the economy, the wars, jobs,
savings, Social Security, retirement funds, etc.
I called the Suicide Lifeline.
Got a freakin' call center in Pakistan .
I told them I was suicidal. .....
They got all excited and asked if I could drive a truck
SEC workers investigated for porn-surfing
By Jim McElhatton
The work computer of one regional supervisor for the U.S. Securities and Exchange Commission showed more than 1,800 attempts to look up pornography in a 17-day span: "It was kind of distraction per se," he later told investigators.
But he wasn't alone. More than two dozen SEC employees and contractors over roughly the past two years have faced internal investigations after they were caught viewing pornography on their government computers, according to records obtained through the Freedom of Information Act and other public documents.
The activities of porn-surfing SEC workers, a small fraction of the overall work force, have been serious enough to warrant a mention in each of the past four semiannual reports sent to Congress by the SEC's office of inspector general.
In response to the open records request by The Washington Times, the inspector general's office provided more than 150 pages of records and transcripts on the investigations, but declined to identify the employees involved. The office noted that disclosure of the employees' names "could conceivably subject them to harassment and annoyance in the conduct of their official duties and private lives."
TWT RELATED STORIES:
• Liberties oversight panel gets short shrift
• Obama's '11 budget knife takes smaller cuts
• PRUDEN: An Alcatraz solution for Obama
Allan Bachman, education manager for the Association of Certified Fraud Examiners, said such problems are hardly unique to the SEC. He also said the findings are troubling aside from "the egregious nature of what they're doing."
"They're simply just stealing time," he said. "They're getting paid to do something that they're not supposed to be doing."
SEC officials said the inspector general's investigations began as a result of the agency's "sophisticated surveillance and filtering system" aimed at uncovering abuse of government computer resources.
"Any level of misuse of government resources for inappropriate purposes is a matter of serious concern, which is why the SEC provides regular and comprehensive training on the proper use of the Internet," SEC spokesman John Nester said.
"Indeed, each of the cases investigated … was detected by our surveillance systems and referred to the inspector general for investigation," Mr. Nester said.
Good morning:
I have not been able to get in contact with either PCSO or RELM they are both listed as being located at 200 W 9th Street, Wilmington, DE. Suites 302 and 314. The telephones are not operational and information has no telephone number for them. I sent the an E-mail at the address listed on the website and got no response.
There is nothing else I can do and so I am giving up. Very sorry to all but I tried.
I will now remove myself as Moderator.
Good morning:
I don't think you understand how the SEC functions. (not very well to say the least), The SEC doesn't communicate with anyone other then the filer, in this case EEGC, you can't inquire and get answers, in fact only the legal advisor of the company may communicate with them and NOBODY ELSE. There is no advanced warning of a decision and all you can do is wait.
This is whats is going to happen: If and when the SEC approves the rights offering they will communicate that to the legal advisor of EEGC. At that time it will start a chain of events. 1- MRT will be notified. 2- A PR will be released by the company to inform the share holders.
I have NO advanced information nor does anyone else have advanced information of the approval from the SEC.
Howie
His request approved, the CNN News photographer quickly used a cell phone to call the local airport to charter a flight.
He was told a twin-engine plane would be waiting for him at the airport.
Arriving at the airfield, he spotted a plane warming up outside a hanger.
He jumped in with his bag, slammed the door shut, and shouted, 'Let's go'.
The pilot taxied out, swung the plane into the wind and took off.
Once in the air, the photographer instructed the pilot, 'Fly over the valley and make low passes so I can take pictures of the fires on the hillsides.'
'Why?' asked the pilot.
'Because I'm a photographer for CNN' , he responded, 'and I need to get some close up shots.'
The pilot was strangely silent for a moment, finally he stammered, 'So, what you're telling me, is . . . You're NOT my flight instructor?'
"Life is short.
Drink the good wine first"
I have a very small position in KATX and my daughter does as well. I'll tell you if its good or bad 6 months from now, but for now I am in for a few hundred dollars worth. it has all the earmarks of having great potential. Goof luck.
yes there are many. you just have to research harder. There are some very fine stocks out there.
I am currently trying to contact the company and to date have been unsuccessful. The telephone numbers don't work, I have E-mailed them and if and when I get a reply I will post.
I am also trying to contact RELM a company that they have an association with or did in the past and have not had any success there either. Their address is the same and their suites are next to each other.
We are all aware of the bad things that happened in the past. Its time to put all that behind us and see if anything can be salvaged. We will know shortly if that's possible and maybe some of the money lost in the past cane be restored. Only time will tell.
Try to focus on the positive till we can get a direction.
Get over it. EEGC is the parent. Watch that website. When you are the president you can run the company the way you want to, till then watch for drilling, the important stuff not the nit pickings.
There is no need to run two websites, GSLM and EEGC since EEGC owns GSLM its duplication and double the expense.
I am not promoting anything. I also lost a lot of money in this stock and I also have the spin off PRTCL which at this time is worthless. My daughter also fell for their hype. I will only report what I hear and leave it up to the reader to judge.
Forget the past and look to the future. First we should determine if there is a future. This won't happen over night. We don't have a President yet and I don't know the track they will set. When I do know I'll post it. Good luck.
Don't confuse the company by the people that ran it in the past. They got what they deserved and now we have to look forward and see if we can salvage anything. I don't know if it can be done. We have a lot against us but it has happened before and its worth a try. Maybe, just maybe we can recoup some of the losses of the shareholders. I don't know but its worth a try.
There are many questions to be answered and once a new President is in place we may get this company back on track.
The past President, Carol Johnson was indited, tried and convicted of fraud and is no longer with the company as of December 1, 2009
Latest News Releases
Permalink
SOURCE: Protective Capital Structures Corp
Oct 30, 2009 13:48 ET
Protective Capital Structures Corp Seeks to Name New President
WILMINGTON, DE--(Marketwire - October 30, 2009) - Protective Capital Structures Corp (PINKSHEETS: PCSO) seeks to name a new President to manage the day-to-day operations of the company.
The new President will be expected to run the finance company that operates as non-depository financial institution to arrange financing for its proprietary financial product, the BCLOC, for businesses that qualify based on the Company's criteria.
The Company seeks to provide funding by issuing bonds through its affiliated special purpose entity. Also, it has the ability to provide funding by issuing common or convertible preferred stock. Its subsidiary has a license to proprietary software, from an affiliated company. The software links to a financial guaranty instrument to build equity for borrowers.
The Company expects to have the new President on board early next year in 2010. The new president is also expected to recruit additional staff to support the day-to-day operations and business model.
The current president, G. Carol Johnson, has submitted her resignation, effective December 31, 2009.
About PCSO
The PCSO business model, which is implemented through its subsidiary, Independent Capital Credit Corporation, is to arrange financing for real property and commercial revenue producing assets and to provide a comprehensive range of solutions to the business market focused on earnings and operational excellence. For more information, visit: www.protectivecapitalstructurescorp.com.
Safe Harbor
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts which address the company's expectations of sources of capital or which express the Company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond the control of the company, which include the ability of the company to implement its business plans and expand its business model, actual results may differ materially from the expectations expressed in the forward-looking statements.
Contact:
Protective Capital Structures Corp
Email: manager@protectivecapitalstructurescorp.com
Click here to see all recent news from this company
Lucy I choose EEGC for next week and also long term
I am very happy just to wake up each morning, everything after that is a plus!
group of 40 year old buddies
> discuss and discuss where they
> should meet for dinner. Finally it is agreed
> upon that they should
> meet at the Gausthof zum Lowen restaurant because the
> waitresses there have low
> cut blouses and nice breasts.
>
> 10 years later, at 50 years of
> age, the group meets again and once
> again they discuss and discuss
>
> where they should meet. Finally it is agreed upon that they
> should meet at the
> Gausthof zum Lowen because the food there is very good and
> the wine selection
> is good also.
>
> 10 years later at 60 years of
> age, the group meets again and once
> again they discuss and discuss
>
> where they should meet. Finally it is agreed upon that they
> should meet at the
> Gausthof zum Lowen because they can eat there in peace and
> quiet and the
> restaurant is smoke free.
>
> 10 years later, at 70 years of
> age, the group meets again and once
> again they discuss and discuss
>
> where they should meet. Finally it is agreed upon that they
> should meet at the
> Gausthof zum Lowen because the restaurant is wheel chair
> accessible and they
> even have an elevator.
>
> 10 years later, at 80 years of
> age, the group meets again and once
> again they discuss and discuss
>
> where they should meet. Finally it is agreed upon that they
> should meet at the
> Gausthof zum Lowen because that would be a great
> idea since they have
> never been there before.
>
>
>
We are up pre market B .018 A .02
Not odd at all. Remember while all this is going on with the SEC the company is waiting for approval from MRT.