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I agree that this board especially the work of packer fan is outstanding in the DD dept. I just don't want rumor and innuendo confused with cold hard facts. Good DD is fact based not assumptive. Thanks for the RM info it's excellent information especially if you have the updated FINRA regs also. I had actually read something similar prior to picking up my first 2 million shares.
Ok I will bite....where did you hear that?
Tob do we even know for sure that the docs have been submitted to FINRA
In case anyone was wondering about L2 and the MM's the info below may help you have a greater understanding.
Thank you for your message regarding how the system works.
When looking at L2, you're possibly looking at both the retail transactions and/or trades for the market maker from his or her book. Market makers will reflect customer orders and they're also required to make a market in the stocks. I've included a link about level 2 that might be interesting to you:
http://www.investopedia.com/articles/trading/06/Level2Quotes.asp#axzz1Oneqdo22
Sincerely,
Gregg A Schowengerdt
9:00 am to 5:30 pm ET
1-800-503-9260 Ext. 3032361
Platinum Relationship Manager
E*TRADE Securities, LLC
We do not have any such thing as a date! Blue xx Posted that he believes this will be done by that date due to the " temporary good standing" expiring on that date. Kooks is now taking this as Gospel. Will it happen by then maybe,maybe not .Nismo~ do your self a favor and backtrack all the post the last 48 hrs. Before jumping on that bandwagon packer fan has already refuted that claim as Possible but not necessarily plausible. While we are all excited the way this has run remember cya.
We do not have any such thing as a date! Blue xx Posted that he believes this will be done by that date due to the " temporary good standing" expiring on that date. Kooks is now taking this as Gospel. Will it happen by then maybe,maybe not .Nismo~ do your self a favor and backtrack all the post the last 48 hrs. Before jumping on that bandwagon packer fan has already refuted that claim as Possible but not necessarily plausible. While we are all excited the way this has run remember cya.
Good to know Monsignor!
Your basing that statement on what?
Come on man that has been addressed 15 friggin times I mean keep up with the DD or stay silent. Or at the very least go back and read it all like I did when I first got here!
Now that one is just outright stellar i mm you for that one!
I don't know about meeting his match there I think he has met his match in PAC nobody knows and I mean nobody knows more about this company than PAC.his DD Will kill anything set in his path......
Based on the amount of shares I own and what I believe this company will be worth post merger if it's 700 k standing in the way I will be happy to float that loan so........ What's next
You can't possibly be that obtuse...... It is inferred. He can't possibly make a statement until consummation unless he would like to pay massive fines and or do jail time!
Your not an accountant I guess.
It's quite obvious that he meant a/s not float. If you were given a companies market cap and also new the current PPS could you calculate the float?
Just in case I didn't say it today I am happy to report to this esteemed board that as of now the FLOAT IS STILL 744 MILLION SHARES!
Does everyone understand that the float is 744 million shares!
The float is still 744 million shares
The current float is 744 million shares
The current float is 744 million shares
Of course it' is..... Brazos is a true shell with no assets at all....however it is in the middle of a R/M like I thought we were here with bayside.For me that was the value in the bayside speculative play. As of today they are the same company they have been with the same assets they have had for quite some time.
Unfortunately the original plan seems to have changed! Gordon should just call Renfro and fold themselves into Brazos at least Jim Renfro would know what to do with the company and it's assets. He would have oil pumping by the end of next month! IMO
As far as I Know the U.S government has not had a draft for decades therefore there is no reason to ever go to Canada! Lol if you trade electronically it dont believe it matters where you are . I believe The only thing any government is gonna care about is that you pay the millions you will owe in taxes after TADF takes off.
With Porter on the Shelf does that possibly give Renfro an entre with bayside? Aren't they co board members of Omni Petroleum
Again magic 8 ball says........Most definitely,
Hey go get er~ I just spent 20 minutes looking thru my sons boxes of toys and I finally found it! And the magic 8 ball says you should definitely sell ...........but not until Friday.
How many do you want to sell?
Holy Toledo Jacob! Did you take a crash course in trading in the last 72 hours? How does someone go from begging the admiral for guidance to posting a prognostication on the future of a OTC stock? I don't know about anyone else but that was your best post! Nice to see you thinking for yourself it's liberating isnt it?
The CEO of TAC has made public statements directly reflecting the pending merger and his excitement in the combined companies future.
Well that's better than the .002 you predicted! You must have gotten a good nights sleep! That was the most optimistic thing I've seen ya post yet!
Not at all, if you read the full string you will recognize the fact that the point of the back and forth is simply that if for any reason the merger does not go thru then the stock is worthless , again even as of today BRZL is worthless it is the assets of Renfro that bring the only value here. Feel free to read the sticky by the admiral stating what they will own the operative word is "will" he doesn't state what they currently own due to the fact that they don't own anything unless Renfro moves forward with the R/M which as of today I have seen no documentation proving this deal has been consummated. This is a pure speculation play. Is the writing on the wall? Yes, again if Renfro got run over by a bus today and the docs have not been signed and approved we as stock holders have nothing.
Is it possible that this doc is just baloney put thru to placate a sec. Stipulation?
The Securities and Exchange Commission (SEC) has adopted new rules1 that will make reverse mergers much more time consuming to complete and require substantial advance work by lawyers and accountants before the merger can become effective.
The new rules will require the public former shell company to file a Form 8-K within four business days of the effective time of the reverse merger which contains the same type of disclosure that would be provided if the former shell company were registering its securities under the Securities Act of 1934, as amended (the Exchange Act), for the first time on Form 10, Form 10-SB or Form 20-F (referred to in this article as Form 10 information). The Form 8-K will also be required to include audited financial statements for the formerly privately held business and pro forma financials for the combined businesses. As a result, the lead time needed to prepare both the "Form 10 information" and the financial statements will be substantial and will mean that the merger cannot be effective until all of the required information will be available within four business days.
Exactly my 12yr. Old is worth more than Brazos without the assets of Renfro energy . Anything else you need Raymond......
Please post a link showing what assets Brazos has
Lord I hope not! But it has happened many times before.
The value is in the assets of the corporation show us where you can prove that Renfro has brought to Brazos anything other than his name.... You can't why because the documentation reflecting the acquisition
Of Renfro energy is what we are all waiting for.... I reiterate if the documents have not been signed and notarized reflecting the acquisition of Renfro by Brazos then Brazos is worthless. If this has been completed then you prove it show us a link! Something to prove the veracity of your opinion.so far you have only made my case for me. He's a director of a company called Brazos that has no assets, yet!
Ray it is not my responsibility to improve your reading comprehension. Do you dispute the fact that Brazos intl. Formerly a sec rated "shell" corporation is in the process of negotiating to acquire Renfro and that prior to this acquisition Brazos is and was for all intents and purposes a shell corporation? Feel free to look up the definition of Shell corporation oh wait let me help you with that I will put the link below so it's easier on you.
http://en.wikipedia.org/wiki/Shell_corporation
Really now! maybe you need to go back and read the LOI until the merger is completed it doesn't mean diddly! And now your accusing me of deceiving shareholders. To any and all shareholders that have ever read anything I have ever posted all that I post is as always on any board and any post of any board member theirs and or my opinion. HAPPY!
rRay would you like me to post the fact that BRZL is no longer a shell? I mean how many times are we gonna read the same documents. Or are you inferring that I need to prove that they are operating to this day as a "shell" and the status of the organization has been changed from "shell" to " not a shell" with the sec.
Rage that is an excellent point! Never ever use stop loss order in the OTC market, remember when you place a order in the system it's electronic information it's not sitting behind a wall of sandbags. Have you got L2 isn't that a great tool! Well they have L3! if the MM's want your shares they can drive the PPS down to where your stop loss is triggered and buh-bye there go your shares.So you come home from work and see you just executed a sell for a loss based on where the market closed cause they are only running down to get your shares. They want their profit so the will drive it up a bit and resell your shares to me. Nice little viscious circle don't ya think!