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Global Matrechs, Inc. Engages CFSG1 for Investor Relations and Public Relations
Thursday July 6, 10:44 am ET
RIDGEFIELD, CT--(MARKET WIRE)--Jul 6, 2006 -- Global Matrechs, Inc. (OTC BB:GBMR.OB - News) announced today that it has engaged Consulting For Strategic Growth 1 (CFSG1), an investor and public relations firm specializing in domestic and international companies new to American financial markets, to provide strategic counsel on investor and public relations.
Global Matrechs (www.globalmatrechs.com) focuses on the acquisition, development, marketing and sales of next-generation technologies that provide advanced safety and storage solutions for the nuclear, environmental and chemical industries.
Said Stanley Wunderlich, CEO, CFSG1, "We look forward to working with this exciting company whose technology licenses address vital needs of critical industries and governmental agencies. Global Matrechs recently restructured and has announced new commercial orders and sales agreements. CFSG1 has considerable experience and contacts with investors interested in this and similar fields, and we look forward to helping Global Matrechs fulfill its unusual potential."
Michael Sheppard, CEO, Global Matrechs, said, "We have been impressed with CFSG1's knowledge of companies involved with the transfer and licensing of cutting edge technologies. In addition, their expertise in corporate development and capital formation, and their broad network of public and private investors, will be instrumental in helping our company grow. We're delighted to have the benefit of their professional guidance and outreach."
http://biz.yahoo.com/iw/060706/0141801.html
I bought another 100k Monday at .0125...total now 1.1 mln at avg .0141
Benz, Thanks for your efforts, much appreciated.
Do you own any of this or just NNRF?
I've bought small & steady here all the way down, just 95k so far.
Vic
Benz,
I'm not seeing line 27...just 1 through 6.
1 mln between .012 and .015.
Aspen Exploration Discovers Fourth Consecutive Gas Well
Wednesday June 28, 12:08 pm ET
Sacramento Valley Province, Northern California
DENVER, CO--(MARKET WIRE)--Jun 28, 2006 -- Aspen Exploration Corporation (OTC BB:ASPN.OB - News), with offices in Bakersfield, California, and Denver, Colorado, announced today a new gas well in the Sacramento Valley gas province of northern California.
The Ridge #1-15 well, located in the Rice Creek Gas Field, Tehama County, California, was drilled to a depth of 5,755 feet and encountered over 100 feet of potential gross gas pay in several intervals in the Forbes formation. Production casing was run based on favorable mud log and electric log responses. This was the seventh successful gas well out of eight attempts by Aspen in this field. Aspen plans to drill two more wells in this field this year and has a 23.33% operated working interest in this field.
Aspen also tested one of the Forbes intervals in the recently drilled WGU #14-8 well located in the West Grimes Field, Colusa County, California at a stabilized flow rate of approximately 400 MCFPD.
Gas sales are anticipated to commence this week from five recently drilled gas wells. Three of these wells are operated by Aspen (Zimmerman #22-2, Morris #1-13, and Street #1-3), and two are non-operated wells located in the Grimes gas field.
Aspen currently has 3 drilling rigs operating on its various prospects located in the in the Sacramento Valley of northern California and the San Joaquin Valley in central California.
Aspen drilled ten successful gas wells out of ten attempts in 2004 for a 100% success rate, and nine gas wells out of ten attempts in 2005. During the last 5 1/2 years, Aspen has participated in the drilling of 40 operated wells, 35 of which were completed as gas wells, and 5 dry holes which were plugged and abandoned, a success rate of 88%. Aspen currently operates 56 gas wells and has non-operated interests in 20 additional wells in the Sacramento Valley of northern California.
Future news releases will keep shareholders informed of Aspen's continuing progress and drilling activity. Aspen's stock is quoted on the OTC Bulletin Board under the symbol ASPN.OB. For more information concerning Aspen, contact Bob Cohan, President and CEO, in Aspen's Bakersfield office at (661) 831-4669. Aspen's web page can be found at www.aspenexploration.com.""
These guys are GOOD!
Vic
The new guy looks good:
``Waseem's most recent involvement in the oil and gas sector was with Saba Petroleum Company which he joined in 1988. During his tenure he was Assistant to the Chairman of the Board and responsible for Saba's Oil and Gas Subsidiary in Colombia. Later he served as the Company's Financial Public Liaison.
``During this time the Company went from Pink Sheets to OTC BB to a listing on the American Stock Exchange.
``The market capitalization rose from $5 million at the beginning of Dr. Sayed's tenure to $800 million at the end of his tenure,'' Kim stated.""
Looks like this is the Big Dog that will bring serious investment capital to the table when reading these two items:
``In addition to his strategic skills and knowledge of Oil and Gas science, the Company will benefit from his skill set as a private equity investor. These skills can be used to help CWYR grow."
And the Finance blurb here;
"During his tenure he was Assistant to the Chairman of the Board and responsible for Saba's Oil and Gas Subsidiary in Colombia. Later he served as the Company's Financial Public Liaison."
The next few weeks should be fun for the longs. Vic
This board has become unreadable to me. With positions in 50 stocks I can only read the favorites here now.
It is a no brainer that this is a BIG oil company getting BIGGER.
To all newcomers...Please do a few HOURS of research reading old posts and IBOX info before posing questions here. I HATE when someone says "I'm new here...fill me in".
No more catering to lazy investors...PLEASE!!!!
At the very MINIMUM all should know that NDOL has 48 million bbls proved and 157 mln prob reserves valued at LEAST 1.25 billion dollars with low (12.2 mil) debt!!!
2 bucks is a no brainer here imo.
STOP THE NOISE and MINDLESS POSTING...PLEASE!!!
Thanks in advance,
Vic
Managed to pick up shares below a buck the past 2 weeks but it sure is hard to buy.
Y'all know that if drilling news is announced the pps will fly pronto...Don't say you didn't have a chance to get in cheap.
Imho, Vic
Rook, They are sitting on huge bids at .105 area. I told them good luck because AURC would have to eat through a ton of shares from me first to get there!
I have a hunch they'll step up when the markets look stabilized.
I closed on selling some real estate recently. So I'm a VERY HAPPY camper seeing this market downturn! ;)
The central banks and polticos are doing everything in their power to "talk down" the price of oil and gold but in the long run supply and demand will prevail.
I don't mind waiting for the big payday. It is inevitable.
I feel like a kid in a candy store buying at these levels. (NDOL too).
Started my buy program here today at .30 and below. I might be a few days early but with reserves worth over a $bil, I just didn't want to risk NOT owning more at such a steep discount.
Vic
We all started here with a little undiscovered O&G co. Now we have a BIG O&G co. This will be the next Lukoil, they are going to be huge.
Upside is 3+ in 12 months or less. AURC is 6x sweeter and I am invested accordingly.
Oil assets are carried at the LOWER of cost or fair value. I can GUARANTEE all of you that there is a MINIMUM of $1.25 billion worth of oil/gas assets here.
Probable reserves go for $5 bbl in the ground. 250 million bbls probable x $5 = $1.25 billion.
+ the transportation and storage revenues = value easily over 1.5 bil or 2.48 per share.
With favorable tax law changes in the wind, that could easily double to 4.96 per share in the next 12 months.
Vic
Decent close today. Enough buy pressure that the MM's backed off at the final minute. I may buy every friday in the last hour for the next few weeks hehe. I'll be out of town next week for a golf outing but I have gtc buy orders in place so as to not miss out on any MM run it down shenanigans. Vic
2create, the discounted converts are a little scary, but I bought 40k so far and am bidding for a lot more lower.
The higher we run this puppy up, the less dilution!
The NNRF looks like it trades by appointment only, lol! Need a serious volume boost in that one imo.
Thanks for the heads-up in both and best of luck to you,
Vic
He's both. Scroll to the bottom and read all of the sarbox sign-offs. Vic
http://www.sec.gov/Archives/edgar/data/1073785/000114420406022374/0001144204-06-022374.txt
Robsaia, I didn't even think to look at the Sar-Box signatures. I think this proves conclusively that Parkin is the new CEO of Nord/North-West oil.
Exhibit 31.1
------------
CERTIFICATION PURSUANT TO
18 U.S.C. SECTION 1350
AS ADOPTED PURSUANT TO
SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002
I, Gerald T. Parkin, certify that:
1. I have reviewed this quarterly report on Form 10-QSB of NORD OIL
INTERNATIONAL, INC.;
2. Based on my knowledge, this report does not contain any untrue statement of a
material fact or omit to state a material fact necessary to make the statements
made, in light of the circumstances under which such statements were made, not
misleading with respect to the period covered by this report;
3. Based on my knowledge, the financial statements, and other financial
information included in this report, fairly present in all material respects the
financial condition, results of operations and cash flows of the Registrant as
of, and for, the periods presented in this report;
4. The Registrant's other certifying officer(s) and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:
(a) Designed such disclosure controls and procedures, or caused such
disclosure controls and procedures to be designed under our supervision, to
ensure that material information relating to the Issuer, including its
consolidated subsidiaries, is made known to us by others within those entities,
particularly during the period in which this report is being prepared;
(b) Designed such internal control over financial reporting, or
caused such internal control over financial reporting to be designed under our
supervision, to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external
purposes in accordance with generally accepted accounting principles;
(c) Evaluated the effectiveness of the Issuer's disclosure controls
and procedures and presented in this report our conclusions about the
effectiveness of the disclosure controls and procedures, as of the end of the
period covered by this report based on such evaluation; and
(d) Disclosed in this report any change in the Issuer's internal
control over financial reporting that occurred during the Registrant's fiscal
quarter ending March 31, 2006 that has materially affected, or is reasonably
likely to materially affect, the Issuer's internal control over financial
reporting.
5. The Registrant's other certifying officer(s) and I have disclosed, based on
our most recent evaluation of internal control over financial reporting, to the
Registrant's auditor and the audit committee of the Registrant's board of
directors (or persons performing the equivalent functions):
(a) All deficiencies and material weaknesses in the design or
operation of internal control over financial reporting which are reasonably
likely to adversely affect the registrant's ability to record, process,
summarize and report financial information; and
(b) Any fraud, whether or not material, that involves management or
other employees who have a significant role in the registrant's internal control
over financial reporting.
Dated: May 24, 2006.
/s/ Gerald T. Parkin
--------------------------------
Gerald T. Parkin, Chief Executive Officer
http://www.sec.gov/Archives/edgar/data/1073785/000114420406022374/v044135_ex31-1.txt
I don't know about you, but I find this a VERY positive development.
Vic
To those that are confused...we went through this before. For some reason NORD keeps showing the old Bio Tracking o/s before the reverse split and reverse merger.
The numbers of 248.2 mil NORD + 357.2 North-West Total 605.4 I guarantee you all is 100% accurate. There are NO preferred or any other kinds of shares outstanding.
Vic
2create, maybe the North-West Oil link should be added to the Ibox.
http://www.szng.ru/k_e.html
I don't think it's a typo. If you look at the 5/11 release it shows Malyshev as President and CEO.
Nord Oil / North-West Oil Group Nominates New Board
Thursday May 11, 5:47 pm ET
MONTREAL--(MARKET WIRE)--May 11, 2006 -- Nord Oil International Inc. (Other OTC:NDOL.PK - News) today announced the nomination of the new officers and directors of the newly merged enterprise.
Ernest Gurgenovich Malyshev
President and CEO
Yulia Vladimirovn Sozina
Vice president Operations
Dina Vladimirovna Vygovskaia
Vice president Engineering
Anatoly Viktorovich Iartsev
Vice president Marketing
Stratton D. Stevens
Vice president
Gerald T. Parkin
Vice president legal affairs
Igor Nikolaevitch Bratchikov
Vice president<<<
It shows no CFO. In the 10q today it lists Malyshev as President only and not CEO.
The new board of directors and management are as follows:
Ernest Gurgenovich Malyshev
President
Juliya Vladimirovn Sozina
Vice president Operations
Dina Vladimirovna Vygovskaia
Vice president Engineering
Anatoly Viktorovich Iartsev
Vice president Marketing
Stratton D. Stevens
Vice president
Gerald T. Parkin
CEO and CFO
Igor Nikolaevitch Bratchikov
Vice president
Looks like GP got a nice promotion from VP of legal affairs to CEO and CFO!!
The new board of directors and management are as follows:
Ernest Gurgenovich Malyshev
President
Juliya Vladimirovn Sozina
Vice president Operations
Dina Vladimirovna Vygovskaia
Vice president Engineering
Anatoly Viktorovich Iartsev
Vice president Marketing
Stratton D. Stevens
Vice president
Gerald T. Parkin
CEO and CFO
Igor Nikolaevitch Bratchikov
Vice president
News release:
Press Release Source: Colorado Wyoming Reserve Company
Colorado Wyoming Reserve Company Seeks to Unitize New Zone Following the BLM Approval of 3rd Mississippian Test Well at Its Southwest Lisbon Discovery, San Juan County, Utah
Wednesday May 24, 9:00 am ET
GRAND JUNCTION, Colo., May 24 /PRNewswire-FirstCall/ -- Colorado Wyoming Reserve Company (OTC Bulletin Board: CWYR - News) is seeking BLM approval to unitize a potentially productive new zone at its Southwest Lisbon discovery. The original two discoveries found production in the Mississippian zones at 8,150' as well as possible production in zones at 7,500', at 7,000' and the Ismay zone at 5,100'.
The Southwest Lisbon structure is 3 1/2 miles southwest of the 150 million barrel Lisbon oil field discovered in 1960.
The Southwest Lisbon structure is one of six structures identified by CWYR and its partners' state-of-the-art 3D seismic shoot perfected in late 2004. The remaining five structures need to be tested.
The acreage is owned.
CWYR owns 10.625% APO (after payout) in structures one and two and owns 42.5% in the remaining four structures.
An active drilling program is anticipated for 2006 and 2007.
Commenting on the future, Kim M. Fuerst, the Company's President and CEO stated simply, "The only thing holding us back is not vision or manpower, but money, and that problem won't last long because our science is excellent."
Additional information may be found at: http://www.coloradowyomingreserve.com/
News release:
Press Release Source: Colorado Wyoming Reserve Company
Colorado Wyoming Reserve Company Seeks to Unitize New Zone Following the BLM Approval of 3rd Mississippian Test Well at Its Southwest Lisbon Discovery, San Juan County, Utah
Wednesday May 24, 9:00 am ET
GRAND JUNCTION, Colo., May 24 /PRNewswire-FirstCall/ -- Colorado Wyoming Reserve Company (OTC Bulletin Board: CWYR - News) is seeking BLM approval to unitize a potentially productive new zone at its Southwest Lisbon discovery. The original two discoveries found production in the Mississippian zones at 8,150' as well as possible production in zones at 7,500', at 7,000' and the Ismay zone at 5,100'.
The Southwest Lisbon structure is 3 1/2 miles southwest of the 150 million barrel Lisbon oil field discovered in 1960.
The Southwest Lisbon structure is one of six structures identified by CWYR and its partners' state-of-the-art 3D seismic shoot perfected in late 2004. The remaining five structures need to be tested.
The acreage is owned.
CWYR owns 10.625% APO (after payout) in structures one and two and owns 42.5% in the remaining four structures.
An active drilling program is anticipated for 2006 and 2007.
Commenting on the future, Kim M. Fuerst, the Company's President and CEO stated simply, "The only thing holding us back is not vision or manpower, but money, and that problem won't last long because our science is excellent."
Additional information may be found at: http://www.coloradowyomingreserve.com/
Not Sperandeo. My name is Vic and I thought the handle sounded cool. In reality I'm more like Investor/sometimes trader Vic.
R. Ney came to the floor one time and asked us how to tell the difference between buys and sells...He was politely informed that every trade is equally both.
His stories of specialists getting together every morning to plot how to "dupe the public" and then laugh about it afterwards in the limo ride home made for good storytelling but couldn't be further from the truth.
Specialists are just like you and me...they sweat bullets on all of their big trades and hope the DD was right on. There is a Chinese wall that separates them from the trading and research desk so no advantage there.
The big edge they enjoy is seeing the order book and being able to short at will to "accomodate" a public order.
It is hyper trading and very stressful. I retired at the old age of 53.
Vic
Sskillz,
I agree. I was a specialist on the floor for 25+ years and I would NEVER use a mkt order on ANY stock, listed or unlisted.
A limit order to buy above the ask or sell below the bid are both treated as mkt orders by the regulatory agencies.
They are called "marketable limit orders" on the floor.
If a stock is quoted at 1.00 bid/1.05 ask and you really want it right away...always ask yourself at what point you would feel ripped off? 1.10? 1.20? 1.30?
Whatever point that is... make that the limit and DON'T use a market order.
It won't matter 99 out of 100 times...but that 1 in a hundred can be a painful wake up call...
""As of March 30, 2006, the registrant had 90,620,306 shares of common stock, par
value $0.001 per share, outstanding.
----------------------------------------------------------------
The number of shares outstanding of the Issuer's common stock, as of May 10,
2006, 128,194,806""
An increase of 38 million shares in 40 days. Nice little piggy bank for the insiders that bought at .01 imo.
Vic
"More Appropriately for the board Why is Physic not IGNORE?"
He is for me! Along with several others that garbage up the board with nervous nellie handholding needs.
Vic
Euddoggwyn,
My bad, you have nothing to clarify to me or anyone else imho. Your DD is top notch and I hope you keep up the good work on anything new you may uncover.
I disagree about new reports being mis-interpreted. No news causes sell-offs/buying oppty's and new news runs it up again in 9 of 10 times. The exception being buyout changed to merger news.
No news sell off = buying oppty 90% of the time.
Vic
Euddoggwyn, you have done excellent DD and I thank you for your efforts. Now that I see the NASD links to insider 144's please disregard my previous post to you.
And keep up the good work! ;)
Thanks again,
Vic
Jagman, Thanks for the link. My apologies to everyone that I doubted. I don't understand why it is not showing up in the full sec filings for ndol. But I trust the nasdaq website and assume it is all on the up and up.
I noticed the form 144's are the legal notification to sell but not actual sales. Form 4 would be filed for an actual sale...so no shares have been sold yet.
They're probably waiting for 2+ imho but wanted to be legally ready to take a little off the table on a big run-up.
Vic
Countmein, good luck 'cause it sure ain't in the SEC filings.
http://www.sec.gov/cgi-bin/browse-edgar?company=bio+tracking&CIK=&filenum=&State=&SI...
Euddoggwyn, impressive research...maybe.
You stated in msg# 5483:
"There seems to have been two individuals - - DOMENICA RENDA and MICHELINE GALLO who filed with the SEC to sell large blocks of shares just prior to a run-up from the 50's to $1.50's in late April early May after which it has fallen again. i would appreciate any DD on these individuals. Micheline Gallo seems involved with cosmetics in Montreal (I don't know) and women's business groups. Domenica Renda, I have no idea. At least they filed legally . . "
Try as I might, I couldn't find the SEC filings for DOMENICA RENDA and MICHELINE GALLO to sell "large blocks" of stock just before the run-up. How much is a large block? Could you be more share specific?
Help me out here and provide a link or advice on how to find that info?
I have a feeling you won't be able to answer this query because I think it's BS. My sincere apology if you provide proof.
TIA,
Vic
Hihosilver, I see this is your first post ever on Ihub...welcome aboard!
I don't know what "so much dilution" you're referring to. The company needs to raise an initial 4 to 5 mil to drill 3 wells to start. That could be in the form of LT debt or an equity placement of 5 million shares or less. A little dilution, maybe, but hardly a lot.
Let's say that CWYR ends up with an o/s of 30 million shares in the next 2 years and proves up 20 million bbls of oil. At $20 a bbl in the ground that would be 400/30=13.33 per share.
No wonder the CEO said he likes the odds!
I never followed EYTC. Looking at the news it looks like fraud and under the table bribes were being done. If many investors were involved in both stocks it would explain some of the weakness here. CWYR has NOTHING to do with EYTC and the two should not be compared.
CWYR is a fully reporting company subject to Sarbanes-Oxley and has never done anything that hints of impropriety. The only issue I would hold against them is that they move to slow.
They hit 2 successful wells a year ago that will provide operating income after payout to the driller. They really should have ramped up financing/drilling program faster imho.
In spite of that, I believe patience will be greatly rewarded here.
Vic
Another bad day in the energy sector for many stocks.
The important thing to remember is to buy on weakness and sell into strength. With India, China and other countries growing like crazy it's a no brainer that energy stocks will be the place to be for the next several years.
We have here a little company with a small float and o/s with a LOT of 3D identified reserves in the vicintity of a 150 million barrel field. (Lisbon).
This is not rocket science. Put 2 and 2 together and see what you come up with.
Buying large at these levels and below. I just can't pass up buying oil for .85 per barrel in the ground.
Vic
Accumulation phase for next 3 months has begun. Q2 earnings will be 14mil+.
If we're lucky we'll get lower prices to load up at in the meantime. I bought 10k today at .68 to get started and will build that to 100k+ by 8/10/06. A breach of 200dma and drop to low .60's high .50's would be ideal during that time.
With 33% owned Global Energy selling off recently and low NG prices their is a good chance to get cheap shares imho.
http://finance.yahoo.com/q/bc?s=GED.L&t=3m&l=on&z=m&q=l&c=
GED trades in Pence. 1 pence = 1.85 pennies.
GED last of 219 pence = USD 4.05
HEC owns 11.9 million shares of GED = $48.2 million in value. (only carried on the books at .70 or 8.33 mil). So there is 40 mil potential value to unleash in the future.
Joyce, that is standard boilerplate for startup co's like CWYR.
They could have stayed on the pinks and never come clean about statements like that but they chose to lay it all out on the line. WHY? Because they're sitting on a ton of reserves, THAT'S WHY!
I know this has been a long road for many of us including me. I am long well over 100k shs and still buying at these levels.
This company is NOT about retail like you and me. It is all about building up reserves and marketing that to smart money.
When this puppy skyrockets to 8+ don't say I didn't tell you.
The move will be fast and sudden and sellers will rue the day they sold .
Just so you know, I was a MM for 25 years and know the real deal when I see it.
The public's ignorance is our bliss. Buy on weakness and sell (a little) into strength.
Jmho, but I'm pretty good at this stuff.
Vic
I'm bored. Mkt sux and I'm sitting on a pile of cash from selling off some real estate. I'm going to bid for 10k AURC every penny down to .25 and then 20k every penny down to .20 and then 40k every penny down to .15 etc...
Or maybe just buy a few hundred k this week!!
The LT debt was always a joke to me. The mineral rights have ALWAYS belonged to the gov't. The offsetting entry recognizing that fact gave SOME people a braincramp. If you look at the financials and see LT debt dropped 200 mil in 1 year you would have figured that out immediately. Like DUH and NO interest on that debt? How plain can it be???? It's embarrasing that Parkin even has to spell it out imho.
AURC has a decade of mining rights with very favorable tax laws on their side. A LOT of money will be made in those 10 years. Probably 20 year renewal beyond that.
Do NOT over analyze this. It's a gift if you choose to accept it imho.
Best to all,
Vic
Q2 early est. based on new guidance.
Hedged:
2.1 bcf @ 8 = 16.8 mil
45 mbbls @ 55 = 2.5
Unhedged:
1.2 bcf @ 7 = 8.4
380 mbbls @ 60 = 22.8
Total revenues = 50.5 mil
Lease expense = 6.8
G&A = 2.3
DD&A = 16.0
Int exp = 3.8
Accretion = 1.5
Total expenses = 30.4
Pretax income = 20.1
Income tax = 7.0
Income berfore spar = 13.1
Spar income net of tax = .5
Net Income = $13.6 mil
Per share basic = .70
Diluted = .64
Basic shs = 19.4
Diluted = 21.3
10Q out today. Reiterates a lot of 3D seismic prospects to drill.
http://biz.yahoo.com/e/060515/cwyr.ob10qsb.html