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Good morning and I couldnt agree more!!
Oil and gas companies doing great again on the big boards!!
Its is looking good, a nice change as of late. Something is definatly up behind the scenes. The latest is a fact on cnbc this morning. Natural gas is on of the cleanest burning fuels and it it a strong possibility that natural gas vehicles are being constructed right now! If this starts getting bigger, look out!
Thanks for the info!
Good morning fellow htog ersss! Whats the latest on our progress with being online with the 12 wells? Anyone been on scene as of late? Or got a return call from company?
Volume is coming back here! Someone knows something, 1.5 million in 3 mins and the others are not getting this volume. is momo coming back here? And financing can be found with the hard assets we now have!
He seems to think that is exactly whats been going on. The company knows they stand to make a ton of money buying shares at these levels. When the next filing hits the wires, the numbers are going to be very good and are going to get even better through the next quarter. Drilling will have commenced and oil and natural gas will keep going up especially as the colder months approach.
I also think on the next run we will smash through .01 and it is starting to look as if that is very near
Good morning folks. My friend which is a very good trader, seems to think the company is about to announce a stock buyback plan. Any comments? Has this ever been mentioned in the past by the ceo? My friend is good at what he does so he might be onto something. And if we see arca on the bid again today, you can bet we will be getting a pr soon.
That is what I love to see!! Its always been good to me. How funny are these matching trades!! lol mm's not knowing what to do. lol This is good stuff
LOL! Guys I have been around a longtime and it is freaking so funny and clear that these mms are desperate!!! Look at these matching trades!! lol Its one mm swapping with another eating the cost of the transaction hoping to manipulate the pps!! And now arca is on the bid in a big way and yes that is always a very very good sign.
I would like to know how? No one is selling and no dilution happening. I guess mm's can swap shares back and forth and try to trick people again. But this level seems strong. Nevertheless, its boring as hell so i am off for a swim. Cheers
News
this what we need again.
Universal Property Development Management Update
The Board and Management of Universal Property Development and Acquisition Corporation (OTC BB: UPDV) (www.universalpropertydevelopment.com) are pleased to report to the shareholders on the continuing operations of UPDA and its subsidiaries.
Over the past year, UPDA has focused its efforts on building a group of companies that allowed it to become an integrated oil and gas company. We have acquired Heartland Oil and Gas Corp. (OTC BB: HTOG) (www.heartlandoilandgas.com), with its vast acreage in Kansas. We then transferred UPDA’s oil and gas production in North Texas, establishing Heartland as our exploration and production arm.
Continental Fuels was launched to become UPDA’s oil and gas marketing company, acquiring UPDA’s facilities at the Port of Brownsville and then purchasing Geer Tank Trucks, Inc., a long established crude oil and water hauling company in North Texas.
Aztec Wells Services, Inc. was conceived to provide oilfield services and UPDA invested in the necessary equipment and machinery and recruited experienced management and personnel to properly maintain and expand its oil and gas assets.
Our companies are growing and executing on their business plans. Since its acquisition by UPDA, Heartland has drilled 21 new wells, increasing its total number of wells to 38 in Kansas and 62 in Texas. Heartland’s current production exceeds one million cubic feet of natural gas per day, and its gross income exceeds $250,000.00 per month. This is in comparison to $35,000 in gross revenues generated by Heartland at the time it was acquired by UPDA in April 2007. Heartland is now in the process of building a 4.5 mile pipeline that will enable it to connect 12 additional existing wells in Kansas, increasing production by a minimum of 400,000 cubic feet of gas per day and establishing a critical hub for further expansion.
During the past year, UPDA and related parties provided Heartland with over $4,000,000 that was invested in its Kansas operation. With this strategic investment, particularly in the pipeline and the gathering system, Heartland has solidified its dominance in the region as the exclusive source of gas transportation and treatment services, providing a competitive advantage as it seeks to obtain additional oil and gas leases. Heartland will continue to grow and execute its plans to extend its pipeline another 12-15 miles and drill additional wells along its expanding hub of operations in Southeastern Kansas.
Aztec Wells Services, UPDA’s oilfield services and well drilling subsidiary, has been instrumental in contributing to the achievements of Heartland Oil and Gas in Kansas and Texas. In addition to drilling Heartland’s wells in Kansas, Aztec is now building its pipelines and maintaining and expanding Heartland’s production in Northern Texas.
Continental Fuels has resumed shipping product from the Brownsville facility and successfully expanded the business being generated by Geer.
UPDA has financed most of its expansion and acquisitions with debt which is being serviced by operational revenues. The restrictive covenants of those debt obligations have recently limited our ability to grow and pursue our ambitious expansion plans. It has also hindered our capacity to create maximum value.
The challenges of a year ago to attract institutional money, private equity and private investors to our companies has changed and now that we have amassed quality assets within our subsidiaries and are generating revenues that are attracting the sought-after attention, we must now refocus our strategy to achieve expanding shareholder value. With some of our subsidiaries reaching levels where they can stand on their own and develop their business plans outside the scope of UPDA’s day to day control, our plan is to allow those subsidiaries to become more autonomous.
Going forward, we will continue to work with our public subsidiaries, providing assistance for further acquisitions, growth and alignment with capital. Heartland and Continental have matured to the level where capital is very crucial for their expansion and the retirement of the existing restrictive debt is a necessity. With the recapitalization of these companies, they are well positioned to achieve greater successes on their own. With this expanding autonomy, we at UPDA intend to distribute more of these companies to our shareholders once the capital is secured and the debt is retired.
With respect to Aztec, it has been determined that additional acquisitions are needed to diversify its client base and expand its geographic reach. With access to proper financing, as well as additional preparations to insure an adequate capital structure, its capacity for autonomy will also be established.
It has been a challenging and rewarding year for UPDA as it has matured from start up to an established company with solid assets and expanding revenues. With its well focused goals and refined strategy, management is confident of the future success to be enjoyed by our loyal shareholders.
LOL what is funny is watching 2 bashers talk between themselves like these two and get nothing accomplished. Good morning folks, I for one hope this stock gets a good update todate for all shareholders and their families. Pretty steady yesterday, it would be nice to build from here.
Hey the azz hole killing this is the ceo! He should have weekly updates for his shareholders/ supporters. A company update from him is way overdue. I think he will be getting a visit soon, not joking. Happy birthday hype! Forget this and go have some drinks!
Everybody call the damn company. I am and go find this freakin pathetic leader. I am getting sick of this guy. He will find himself in trouble soon. Call him people, I know a few that are about to visit him.
U.S. SEC Emergency Rule to Curb 'Naked' Short Sales
WASHINGTON - The U.S. Securities and Exchange Commission will issue an emergency rule later Tuesday to stop "naked" short selling in major financial firms, including Fannie Mae and Freddie Mac, the SEC said.
U.S. SEC Emergency Rule to Curb 'Naked' Short Sales
Short sellers borrow shares they consider overvalued and sell them. If the price drops, they repurchase the shares, return them and pocket the difference.
In a naked short sale, the investor sells stock that has not yet been borrowed. Sellers sometimes deliberately fail to deliver securities as part of a scheme to manipulate the stock price.
The emergency rule would require any person making a short sale in the listed securities to borrow the securities before the short sale is effected and deliver the securities on the settlement date.
The SEC has already proposed rules to curb naked short selling abuses and prevent market price manipulation.
Happy birthday hype! They are getting there word out, but it would be nice to get there own word out with a company update on feelings of the future for example from our ceo! Has anyone spoke with the company?
Just got in. Guess some people got tired of waiting and sold, so their games at the beginning of the day worked again. Well, if the company does not step up, this will continue and thats life in the game. GN all
Packing the cooler now, see you folks in a couple hours. Call the company is what we all should do, politely asking for a company update like 3 months ago. And you not getting filled because there are no shares there. Retail ask is .0049 and the other trades are mms crappy fake swapping share playing games. The thing is its not shaking peoples shares out like normal and that's why the ask will not move down like they want.. Cheers, prost and so on
Hope you guys are watching these mm idiots. they swapped shares and are still doing it but now there not doing mirror trades. lol what a joke, fact of the matter is they can because we have no new buyers right now. but they must think were all stupid, its so obvious, even the ask doesnt change, because its actually retail at .0049 where its been since pre-market. going to the pool, cheers to that
Yes, arca was the resistance at the price he wanted if news came out. News didnt so he pulled his order. He will be back when news hits or in the morning again. Oh and the market makers play games always when there is no sellers like now. The 9:58 trades of .0045 is crap. Its called a mirrior trade. One mm to another and then they swap the shares back later. It is just crap to scare rookies out of their shares. Know what you own, and have patience and you will win. Cheers
I am well diversified, but as for updv, our time for a heck of a run is nearing quickly.
not sure if thats directed at me. if so i got an email alert and it was not accurate info which i noticed half way through the call and thats what happens with dog crap like xkem. take care
I agree hype! Its just common sence which some refuse to have. Have a nice day
LOL! Get a grip man. That was a funny way to end the day. There fake!! Lol ya the parent of 4 public companies is a fake!! LOL thanks again for cracking me up! gn
Nicee day over here! glad I held and added during the sell-off! Boring on my other plays right now, solid here. Diversification!! lol GN all
Freaking boring here now but great news on yahoo about natural gas demand and drilling for it with new technology. Very nice to listen to. Wish this company would get of its ass and put out a company update. Freaking ridiculous, they would get so much more support especially now!!
The bid is higher then the ask!! For 15 mins now. Give us a pr and company update and we double from here in less then one trading day
We are due a pr! Someone call Jack today and find out!!
this is going to make its way back up folks, pr coming today
I also think it will channel trade unless a pr comes on the 12 wells. I do see updv rising this week, I think people know the numbers combined together are going to be looking better then ever.
Anyone plan on contacting the company this morning for an immediate update?
I think the momentum will be great with a PR and the same goes for our moma company. There both due for the next run and company update.
How can someone think that the numbers will not be great when they come out. All our sister companies are doing better then ever and oir and natural gas keeps rising. htog did 300,000 in May alone. Umm, Im sorry, but who doesnt think our numbers will not b good? And, there is also a chance they are expanding operations and not diluting.
I also see a nice incline in the pps starting this week going into financials. No one whats to be left behind when they come out and some think Jack is releasing early. We should edge up to around .009 this week. Whats everyone else thinking pps wise? And when do you see the financials coming out?
Jack should really show some respect and class, and put out a pr specifaclly on updv! The last one was May 19th!! Come on Jack, a company update from you not Beacon or anyone else. We should be calling him all day Monday until he does it. This pps for what the company has going on right now is just pathetic. Hopefully he steps up Monday
After crunching some numbers, I think I will add some more here before the Q2 is out. Its due by august 14th and I think the numbers will be huge. I also think Mr. Baker is going to catch everyone off gaurd by releasing early. Have a nice weekend all
that was well said, something is happening here. Maybe big Jack is putting a nice pr update together!! Its overdue