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Not intentionally. Just copied from header and still sleepy this morning. In my book this may mean quicker filing with him on board. Bottom line it will not be 2007.
Go PBLS
"Mr. Kowalski's firm has been contracted to audit 2003, 2004, and 2005 and will work in conjunction with the law firm of Dickinson/Wright to help make Phoenix a fully reporting company by mid to late 2006."
Actually it is not really a law. The quiet period is not defined under the federal securities laws. However, a quiet period extends from the time a company files a registration statement with the SEC until that registration is declared effective. It is during that period that what is said is limited: security laws then limit what the companies can say and release.
GO PBLS
Most people on Ihub like the penny stocks and there is no moderator to pump this one. Dna is a profit machine though.
Might as well throw in TS putting it in his microcap investment letter.
Go PBLS
sub penny if we don't get these wells drilled soon.
go BIGN
And we move further down in PPS?
futrcash
Are we still on track for Jan 25th start of the hydroslotting? Also, why the drop in price in your view?
Go BIGN
thanks for setting me straight.
furtcash
you said First grimes well producing just under 400thousand/day currently.24/7
Do you mean 400 to 1000 bbls a day?
If there is a rig and can get to location.
What comes up when you put "Colts" in?
I called BIGN and they said news was forthcoming and they expected it soon. Hope tomorrow.
News of a positive nature soon to be released.
Why no volume today?
The story has not changed for me. Still a great looking investment. I think we will see more and more of the PR like we just had.
COVINGTON, LA, Jan 10, 2006 (MARKET WIRE via COMTEX) -- Phoenix Associates Land Syndicate (Phoenix) (PBLS) is pleased to announce that Rome Oil hit oil on one of its three Kentucky leases over the recent holiday. According to C. G. Collins, Petroleum Engineer, "Each well could produce as much as 15,000 to 18,000 barrels of oil over its life. This expected production is in addition to what has already been recovered on this lease."
Rome Oil and Gas Company recently drilled two wells and hit oil in each well, which are "on the Rodgers Brothers 173 acre oil and gas lease located in the Flatwood area of Adair County, Kentucky. Adair County is located in south-central Kentucky," according to John Barksdale, President of Rome Oil, a subsidiary of Phoenix Associates Land Syndicate. Mr. Barksdale stated, "We plan to drill between 5-10 additional wells on this lease."
According to Paul Alonzo, CEO of Phoenix, "Each additional well that we drill and hit oil allows Phoenix to further develop its drilling and exploration program. When the snow melts in the spring, we plan to drill on each of our two Wyoming leases and as our team expands in the spring and summer of 2006, we plan to drill on our Nevada lease in addition to continued drilling on our Kentucky leases. Each of the six Phoenix leases, which total over 11,500 acres, is expected to allow Phoenix to further expand its oil and gas division."
I like the fact that Kolwalski came on board, ProGas is closed and the lingering dispute has been resolved. There are a lot of good reasons to hold onto this stock. We are in the top half of the first inning of this game.
Why are we sitting at 210,050 shares sold?
Market makers are scamming on this now. 2000 shares, $42 worth of stock drops the price? Games, games, games.
Whow! Thank you flemsnopes and stocklemon (though I hold stocklemon still in contempt for an error on another stock I held). This release though has the punch and kick of real links to real information. What a scam.
He is on Christmas vacation from school.
spiras You were right on. Good catch and call.
"Just called IR at BIGN. Spoke to a gentleman named Ed Emmonds. I asked him what the objective of gifting the Tyche shares was and this is what he told me. A) Tyche wants to start trading their shares and need at least 300 share holders and this was a way of getting them going. B)They believe there has been naked shorting of BIGN and this is a way of hopefully getting the shorts to cover."
Think we have a winner...will just take time.
Did not get what I wanted from the press release but I did get an opportunity to buy more at a lower price. I am satisfied with that as I see this moving up eventually.
Go PBLS
Great news and the clarification on the well issue is now closed.
Yes, it is a fascinating story.
Sorry about the sarcasm, could not help myself. The reference was implicit not explicit, one point was this - "Talking to people involved in a company, IMO, is like talking to a used car salesperson who is trying to sell you a car. They will tell you what you want to hear.
I NEVER talk to management. It is a waste of time as I just said. Normally, I read the SEC documents and go by past news releases. In talking to others, one runs the risk of falling under the influence of the con artist instead of the influence of past performance."
One also runs the risk of finding truth, friendship, and maybe even more. What is the disclaimer...past performance does not blah, blah, blah. I am more interested in where the company is going forward. Do they have the processes in place to capitalize on opportunities? Do they have the revenue to pay for the activities to take advantage of those opportunities?
Last post about this. No disrespect intended to Ajor1 or you.
Master,
I guess you already know what I think of the post since you are a psychologist...or is that someone who is psychic? I guess I am still confused. When someone says he refuses to talk to the company because they lie but he will invest his money in that same company - what does that say? When he can make statements of error but feels that he does not have to reveal his "source" when countered with statements of fact...oh yeah they talked to the company (I forgot, they lie).
IT IS all clear.
Grasshopper
juxtaposezen : Do you still believe this:
"Ajor has clearly done some serious fact research."
I contend he is throwing around stats and facts that are not relevant to confuse on purpose.
Case in point from message 683:
I NEVER talk to management. It is a waste of time as I just said.
Case in point from message 685:
I am not at liberty to disclose my source
Case in point from message 689:
Zigbee, maybe your question wasn't broad enough. Are any Russians involved in hydroslotter or BIGN in any way even if remotely. Maybe someone is splitting hairs.
I find it odd that I independently confirmed the Russian story.
Case in point from message 643:
Whey did Paul Smith not know when he was hired by BIGN? Was it really two years or so ago? The first press release was around nov 2004. Was he part of the old shell before it turned to BIGN?
Or did he confuse 1 year with 2 years? After all, he is really just an IR man acting as CEO, CFO, VP of engineering and even treasurer.
Is anyone else confused?
I contend Ajor1 is confusing on purpose.
Go BIGN
Ajor1
I find it interesting the date of the press release concerning the Tyche dividend is the date your alias was created. 32 posts since then in five days. Seems to me you are trying real hard to put a negative light on BIGN. If you don't like the investment get out.
Go BIGN
Good point. Nice catch spiras.
The big deal is this
@ $850,000/$1,000,000 per day of revenue or per month of revenue or per year of revenue. Now which is more? And this well would be the largest ever recorded in the whole entire world by a couple of thousand barrels with Paul's statement. How about geting the limited PR's we recieve to be honest and truthful and not confusing or misleading. Let's get to audited reports and honest communication. If it is the largest producing well in the world ever and we are drilling next to it, great. But somehow I doubt it.
Still I say GO PBLS!
Cowboy
I have emailed PBLS for either an updated PR with corrected statement or affirmation of current. I do hope it is the mother of all oil wells too. I also agree that we have a chance to run with the big dogs if this develops as the Wolverine well(s).
Go PBLS
Kelly, Cowboy and Mike:
This is what Paul said:"A producing well in close proximity to our new Nevada leasehold is currently producing in excess of 15,000 barrels of oil per day."
"A" well, not a field, not a month, and this is not happening even in your DD.
I own a ton of shares and believe in the possibilities of this stock. The ProGass deal could open up an opportunity to PBLS's own O&G reserves.
But Paul misspoke period.
Serious...you still in this with TS and company? I am leary about the Cornell connnection. I am wondering about TS and his connection with Cornell. Any comments?
You are correct sir. The best well in the onshore 48 states is in Grant Canyon Field, Nevada, producing about 4000 barrels per day.... At least it is in Nevada. Bet they restate their PR...hopefully monthly production and not yearly for the nearby oil well.
From their website:
ProGas is a full service natural gas and crude oil marketing company providing supply, management and marketing services to producers,consumers, and wholesale markets in the eastern United States for over 10 years.
ProGas purchases and markets natural gas throughout the eastern United States on both interstate and intrastate pipelines.
ProGas will manage a portion or all of a customer's natural gas production. We currently manage over 12.8 Bcf of producer's gas annually. ProGas's natural gas management staff offers professional, proven, and reliable outsourcing solutions for producers.
No mention of natural gas holdings by ProGas.
This does a couple of things. First it does limit naked shorting if it is going on and truly may be the reason for this transaction. This also helps Peter Rowe, as it is his company, by putting shares in more hands. If Biogenerics is successful then Tyche Energy is successful.
oops, I did it again....
Britney
NEWS
COVINGTON, La., Dec 09, 2005 (BUSINESS WIRE) -- Phoenix Associates Land Syndicate (Pinksheets:PBLS) announced today that the company's Mid-South/Rome Oil & Gas Division has acquired a new Oil & Gas lease property located in White Pines County Nevada in an all-cash transaction. The lease, consisting of over 7871 acres, represents the company's third lease acquisition outside of its existing properties located in Kentucky and Wyoming. Recent geologic surveys suggest estimated reserves for this lease of approximately 50 million barrels, increasing the company's total existing estimated oil reserves by over 433%, from 15 million total barrels to approximately 65 million total barrels. With the company's 30-day sales average of $54.00 per barrel, total unrealized value of the Company's total estimated oil reserves now exceeds $3.5 Billion USD.
Paul Alonzo, CEO of Phoenix, stated, "We are pleased to be able to introduce this leasehold into our ever-deepening portfolio of oil & gas properties. A producing well in close proximity to our new Nevada leasehold is currently producing in excess of 15,000 barrels of oil per day." He continued, "As such, we are planning to quickly deploy the resources necessary to drill and bring new wells on that property online as soon as possible."
About Phoenix Associates Land Syndicate
Phoenix Associates Land Syndicate, through its wholly-owned subsidiaries, is engaged in the natural resource development, commercial transportation, real estate development and diversified construction businesses. Current company assets include oil leasehold and drilling operations, sand and gravel quarry and mining operations, a contract hauling trucking fleet, diversified construction operations and land-development leaseholds. The Company is experiencing significant organic growth in each of these businesses and is aggressively pursuing synergistic businesses in order to rapidly build capacity.
Volume is a good indicator before price movement. Come on progas announcement.
I enjoyed hearing the discussion with TwinTrader.com. It is encouraging to hear Paul Smith say that 2005 was the year to secure the assests necessary to do this right. Projecting that 2006 will have huge revenues. I only hope we move to audited reports and a different board also this year. Go Biogenerics (or whatever the new name will be - Pinnacle Profits?).