Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Just the date
A new S1A was filed today with the SEC.
01/26/2010 3:58PM EDGAR - Securities Registration Statement (S-1/A)
This is necessary to be current since the last one filed was December 2009.
We should hear very soon now.
Just another step toward making the company highly profitable.
I think we will see more PRs in the very near future..stay tuned
Also add in $40 million in research including seismic plotting. His religious beliefs play no part of this.
Cambodia Gold & Ruby Exploration Project Moves to Second Phase -- Terra Energy & Resource Technologies Increases Royalty Rights
Date : 01/26/2010 @ 7:00AM
Source : MarketWire
Stock : Terra Energy & amp; Resource Technologies, Inc. (TEGR)
Quote : 0.09 0.0 (0.00%) @ 2:05AM
Cambodia Gold & Ruby Exploration Project Moves to Second Phase -- Terra Energy & Resource Technologies Increases Royalty Rights
NEW YORK, NY -- (Marketwire) -- 01/26/10 --
Terra Energy & Resource Technologies, Inc
(OTCBB: TEGR), a natural resources exploration services technology company, announces that the Company has signed a phase two contract for gold and ruby exploration in Cambodia, increasing its royalty rights in the overall project
The exploration services contract engages Terra in its proprietary satellite-based STeP® analysis of gold and ruby mineralization in Cambodia, which is the second phase contracting of exploration after it successfully completed the first phase of the project. As requested by the client, in addition to STeP®, Terra is to perform other traditional geological and management services, in order to further define and locate resources after presenting the client with good indications of mineral prospectivity and priority zones as a result of Terra's phase one survey
Terra previously signed a working agreement with the Millennium International Group, which serves as a frame work of the relationship between the companies and outlines the pricing, royalty as well as co-investment rights, among other provisions, Terra Energy & Resource Technologies obtains as consideration for its services
In connection with the phase two contract, Terra has an increased royalty interest in the acreage and co-investment rights contingent upon the advancement of the exploration license in Cambodia
"We have had several service contracts with the Millennium International Group over the past six months. This relationship is dear to us, and we are encouraged that this client is also our market partner in Asia," said Dmitry Vilbaum, Chief Executive Officer of Terra Energy & Resource Technologies
"The synergy is in Terra performing the services for cash, royalty, and non-promoted co-investment rights, effectively creating a joint venture with the client," said Dr. Alexandre Agaian, Terra Energy & Resource Technologies' President. "Terra is encouraged and incentivized to perform its innovative technology work and help our JV shorten the exploration cycle and expense to a minimum, so that Terra can start receiving the royalty cash flow and potentially co-invest on the same terms as the Millennium International Group."
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, 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
For More Information, Please Contact: Terra Energy & Resource Technologies, Inc
212-286-9197 info@terrainsight.com
This is not OEH. we are not using a devining rod to detect oil. $40,000,000 US was spent on research and well spent. This in my opinion is strongly weighted in our favor to strike oil.
Subject: Tiny Cabin - Humor
A social worker from a big City in Massachusetts recently transferred to the
Mountains of North Carolina and Georgia and was on the first tour of
her new territory when she came upon the tiniest cabin she had ever seen
in her life.
Intrigued, she went up and knocked on the door. "Anybody home?" she
asked. "Yep," came a kid's voice through the door
."Is your father there?" asked the social worker
"Pa? Nope, he left afore Ma came in," said the kid
"Well, is your mother there?" persisted the social worker..
"Ma? Nope, she left just afore I got here," said the kid.
."But," protested the social worker, "are you never together as a
family?"
"Sure, but not here," said the kid through the door.
"Ths is the outhouse!"
As we wait for the SECs approval of the rights offering it occurs to me that most people have no idea of the potential value of EEGC stock. Oh I don't either. Here is the problem: When they did the seismic plotting they didn't do the entire area under the lease and the seismic plotting is done 2 dimensions, (Length X Width) which means we don't know how deep the oil pool is and we won't know till they drill a hole and drop measuring instruments down the hole, that way we will know L x W x D.
That will tell us the amount of Oil in each well tested and that's all. In addition there is Natural Gas + coal Methane that we have no idea how much is there.
A major part of the problem is not in that the SEC and DOJ has not gone after theses crooks its because they don't know how. The experience level is very limited. Most are fresh out of college and learn as they go. They stay for a few short years and move on to much better paying jobs. Its a training ground for higher paying jobs.
OK so whats the answer. If you want career employees you have to give them incentive to stay, better pay and raises as they progress. Now we have a problem of building up a top quality auditing group and that takes years.
I am afraid there is no quick fix and the SEC and DOJ know this so they make a few good cases and publicize them in hope of scaring everybody honest.
I am afraid it doesn't work because the law of averages is on the criminals side.
It doesn't look good. Maybe the SEC should hire outside auditing firms to do the work till they get up to snuff.
Actually only 1,000 shares were sold today and 449,000 bought
I don't know how to answer that one because if no one is buying or selling the stock then we have to ask no one why. I have not found no one to ask.
I think thats the answer, If nobody buys or sell the stock there is no volume.
The Center for Disease Control has issued a warning about a new virulent strain of an Sexually Transmitted Disease. The disease is contracted through dangerous and high-risk behavior.
The disease is called Gonorrhea Lectim..And pronounced "gonna re-elect them."
Many victims contracted it in 2008, after having been screwed for the past two years. Naturalists and epidemiologists are amazed at how this destructive disease has become since it is easily cured....
------------ by voting out all incumbents!
Good Morning:
MRT requested EEGC withdraw the application and concentrate on drilling Bellevue and Thunderbolt as there is not enough money in the rights offering to do both programs of drilling and exploring the new underwater areas. This way MRT insures the money is used for drilling. This is excellent news. We need to strike oil.
Once oil is flowing EEGC can reinstate the application and continue exploring the underwater sites as it is expected people with money will be lined up around the block looking for a piece of the action.
Had there not been a financial crisis this would not have been a problem. Actually this will speed thing up.
We are good.
Also remember the value of Flair Gas nanotech estimated at better then $5,000,000,000 which translates to more then $11 a share after the rights offering shares O/S.
This is a company just being born. If you have the patience you will make a lot of money.
No sense getting sick over it. Sell your position, take your loss, declare the loss on your 2010 income tax filing and invest the remainder in a stock that shows you more promise and gives you more comfort.
The economy is so bad that ...
- I got a pre-declined credit card in the mail.
- I ordered a burger at McDonald's and the kid behind the counter asked, "Can you afford fries with that?"
- CEO's are now playing miniature golf.
- If the bank returns your check marked "Insufficient Funds," you call them and ask if they meant you or them.
- Hot Wheels and Matchbox stocks are trading higher than GM.
- McDonald's is selling the 1/4 ouncer.
- Parents in Beverly Hills fired their nannies and learned their children's names.
- A truckload of Americans were caught sneaking into Mexico .
- Dick Cheney took his stockbroker hunting.
- Motel Six won't leave the light on anymore.
- The Mafia is laying off judges.
- Exxon-Mobil laid off 25 Congressmen.
- Congress says they are looking into the Bernard Madoff scandal. Oh Great!! The guy who made $50 Billion disappear is being investigated by the people who made $1.5 Trillion disappear!
Get rid of Scottrade and check out TDAmeritrade
Are you trading in a cash account. If so switch to a margin account and don't buy on margin. the rules are more relaxed. If you do a lot of trading in and out you should consider setting up a day trading account. Which broker do you use?
Good afternoon:
As we all wait for a response from MRT and the SEC the plans are in place to drill Bellevue and Thunderbolt, the two domes with the most potential.
Once approvals are received the 2, 30 day periods will begin, the first 30 day period is for the people that qualify for a 1 share purchase at 7 cents a share for each 2 shares held as of December 18, 2008. Any shares not purchased in that time frame will be purchased by Malcolm in the second 30 day period.
All this is in preparation to pay for the drilling. We are very close and we could see approval at any time now.
Oil and Gas in Nevada -- Terra Energy & Resource Technologies Signs an Exploration Services Contract
Date : 01/19/2010 @ 7:00AM
Source : MarketWire
Stock : Terra Energy & amp; Resource
Technologies, Inc. (TEGR)
Quote : 0.08 0.0 (0.00%) @ 2:05AM
Oil and Gas in Nevada -- Terra Energy & Resource Technologies Signs an Exploration Services Contract
NEW YORK, NY -- (Marketwire) -- 01/19/10 --
Terra Energy & Resource Technologies, Inc
(OTCBB: TEGR), a natural resource exploration services technology company, announces that the Company was granted a service contract for oil and gas exploration in Nevada by Golden Eagle Alliance, LLC, a Colorado limited liability company
The contract entails the application of the Company's proprietary technology STeP® to assess the hydrocarbon potential of a certain area
"A few of the most prolific wells in the continental United States are in Nevada, although the state is underexplored for oil and gas. Our STeP® technology is remote in nature, and its value is significantly elevated in frontier areas," said Dmitry Vilbaum, Chief Executive Officer of Terra Energy & Resource Technologies. "Nevada is regarded by many geologists as the oil kitchen of America, however no one has been able to break its oil and gas code."
"Terra plans to engage in frontier exploration on its own account," said Dr. Alexandre Agaian, Terra Energy & Resource Technologies' President. "We are encouraged that the Company is engaged by other exploration companies such as our new client the Golden Eagle Alliance to reduce the wildcatters' risks. Exploration in Nevada, unlike in more established oil and gas states like Texas and Oklahoma, is at a disadvantage due to its remoteness, lack of seismic coverage, and extremely complicated geology. In such situations, the Terra analysis gets into the driver's seat paving the way to traditional geological and geophysical studies."
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, 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
For More Information, Please Contact:
Terra Energy & Resource Technologies, Inc
212-286-9197 info@terrainsight.com
Its mine too
Wake Island is an atoll in the pacific and used as a refueling station for US aircraft during the Korean War. I was there and its not worth calling it a vacation spot. I haven't been there for about 57 years. good luck with your dream island, I prefer maui
This stock has the potential of being a real big winner. The property they are after has been explored to some extent and seismic results show oil, Just ho much and is there commercial quality and quantity remains to be seen. That's the gamble.
A company does not just throw a dart at a map and then move there and explore. Australia is the lost continent and least explored. Tasmania has been explored and many reports show seismic research exposed vast quantities of Hydrocarbons among other things. Tasmania is a very protected environment and the government is very selective on what you can do and you need permits and leases for everything. Its wait and see what develops.
Along with the companies change in direction I expect to see a lot of doors open in Tasmania. Its a wait and see mode right now, but the potential is there.
52 weeh high is $.11 today it closed at $.08 with an after market of B = $.06 and an A = $.09
Terra Energy & Resource Technologies, Inc. is a technology and services company operating in the field of exploration. It possesses and operates a suite of four technologies, used to locate oil and gas, gold, uranium, and other minerals. The company, through its subsidiary, Terra Insight Services, Inc., provides mapping, surveying, and analytical services to exploration and production, as well as mining companies. Its four technologies consist of satellite-based Sub-Terrain Prospecting (STeP) technology, geochemical Naturally Adsorbed Gas Survey (NAGS), micro-seismic Side-View Seismic Locator (SVSL) technology, and passive seismic technology, Seismic Location of Emission Centers (SLEC). The company's technologies are designed to address pertinent exploration challenges and issues and significantly improve the exploration success rate, while reducing prospecting expense and time. Terra Energy & Resource Technologies, Inc. was founded in 2005 and is based in New York, New York.
Key Statistics
COMPANY WEBSITES
# Home Page
Search Yahoo! for:
More on Terra Energy & Resource Technologies, Inc.
Its a low float and only 2 employees full time
Good evening folks I am very interested in this company and will do some research with the goal of accumulating shares
Its relative to time frame. Each year as earnings go up so will the PPS.
The market sets the value and this is a developing company so there is no answer to your question but the value will continue to climb in my opinion
Its 50/50 right now
A fellow shareholder, Vincent Mertens went to Bellevue site and took pictures and they speak volumes.
Heraclitus it looks to me you are changing your story. You are not credible.
You assumptions are wrong.
First all one has to do to see if what I say is correct is go to the EEGC website and look at the pictures of the Hunt #3 rig, erected in place ready to drill. I can't make that up, its in plain view. The drill would have started to turn when Hunt got payment. They already spent the money to bring him over from the main land and prepare quarters and food services for the drillers. No money was squandered, it all went to get the drilling done and the last payment would have completed it.
AND...yes when Smart Win got the boot they panicked and came back to Malcolm and offered the $100,000,000 program and that was rejected because they could no longer trust the Chinese. They reneged once and they would not hesitate to do it again to get control. Malcolm said no and I agree it was in the very best interest of the share holders.
Very simple...Its not our company....Completly different company not EEGC
We have no gas or oil operations in the United States
They can't give you dates till the accountants finish preparing them and get reviewed but they will be here shortly, patience, VPER is coming into its own and in time we will be a dynamite company with earnings increasing every quarter and every year.
The word going around is $20,000,000 in 2009, $50,000,000 in 2010 and $80,000,000 in 2011 just from India. Its all gossip till they report it though.
STAN "The Man" LEE is the creative mind behind many of the biggest names in the comic book universe, including co-creating Iron Man, Spider-Man, the X-Men, the Hulk, Thor and numerous others.
His legendary comic book career has spanned over 60 years and his body of work is far and away the most extensive in the history of comic books.
Mr. Lee will be appearing at the ECCC on Saturday Only!
Subject: Five rules for men to follow for a happy life
1. It's important to have a woman who helps at home, who cooks from time to time, cleans up and has a job.
2. It's important to have a woman who can make you laugh.
3. It's important to have a woman who you can trust and who doesn't lie to you.
4. It's important to have a woman who is good in bed and who likes to be with you.
5. It's very, very important that these four women do not know each other
Grab hold of you socks everyone we are about to take off.
Wait till you see the earnings from 2009 just from India. WOW!
There is an excellent reason for not drilling in Tasmania as yet. What they say on the Yahoo boards is pure unadulterated Bullshit.
The $40 or so million US spent was for research to determine where to drill and the best places to start so when they started they could continue drilling with out a break. The first and most likely place chosen was Bellevue followed by Thunderbolt. Research showed the two had the most oil and gave the best chances of a positive outcome. So when the decision to drill was made the Bellevue site was prepared. Material was brought in and the site was collared and drilled to a depth of 800 to 900 feet. The small drill rig was removed and the Hunt #3 rig was brought in and set up ready to drill. Hunt was waiting for a final payment to drill and at that time The Chinese investor failed to make the final payment. they tried to use the situation to blackmail Malcolm into giving them a bigger piece of the action. To his credit Malcolm didn't buckle under and went out to the investor market to raise money to finish the job. While all this was going on two things happened. First there was a world wide credit crunch and money dried up. Investors that had money wanted total or most of the ownership. Time was advancing and we approached the expiration of the lease.
As all of this was happening Hunt imposed a $10,000 a day charge on the company. That money owed mounted fast. Next thing you know The lease expired and EEGC and GLSM filed for new leases and at the same time Malcolm and the company staff continued to move forward to raise money to drill. The method chosen was a Rights Offering giving existing shareholders the right to buy 1 additional share for each 2 shares owned on December 18, 2008 at a price of $.07 per share.
Well a lot more positive things happened while all this was going on, for example, Flair gas rights were given to the company by Malcolm for North and South America. This gesture enhanced the value of shareholders of EEGC to the tune of About $5 billion above and beyond anything else.
Is Malcolm doing his job? You better believe it and better then anyone I have ever heard of. The ball is now in the hands of MRT and once the leases are approved, and I strongly believe they will be, this company will start the process of drilling.
So lets stop the bullshit. The drilling was slatted to begin with the set up on Bellevue and circumstances beyond Malcolm's control intervened.
Its all going to happen in my opinion just be patient