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I have a couple of times already today. LOL
VERT has an unlimited supply at .015
04/29/2009 @ 10:00AM
Arete Industries, Inc. Announces Definitive Agreement for Purchase of Oil & Gas Properties
WESTMINISTER, Colo., April 29 /PRNewswire-FirstCall/ -- Arete Industries, Inc. (Pink Sheets: ARET) announces that the Company signed a definitive agreement to purchase oil and gas properties in Wyoming, Colorado, Kansas, and Oklahoma from DNR Oil & Gas Company and Tindall Operating Company for cash and additional consideration.
The wells being offered by DNR & Tindall total 243 wells, including 46 operating wells (PDP) and 197 PUDS (PUD), with a discounted reserve value of the proven & developed, and the proven & undeveloped of $38,000,000. The reserve value assumes a 15% discount and uses $42 per barrel oil and $5 per Mcf gas. The current operating wells at today's oil and gas prices will generate net working interest revenues of approximately $3,635,000 a year or monthly net working interest revenue of $303,000, all based on oil at $42 per barrel and gas at $5 per Mcf. Arete purchased the TOP Gathering System located in Campbell County, Wyoming in September of 2006. This pipeline is connected to DNR's gas properties in Wyoming and is currently transporting approximately 900,000 Mcf of gas per day for the DNR wells and is cash flowing from its operations. The pipeline has capacity of three times as much gas as is presently being delivered, based on current compression, and developing the present leases would help fill that capacity. The purchase of the pipeline is part one of Arete's four part program of merging, purchasing, developing, and acquiring operations in the oil & gas industry. The financing of the project is being coordinated by First Diversified Financial Services, Inc. of Houston, Texas. The loan will be a two year term loan for $13,000,000 that includes $10,000,000 for the acquisition and the remaining $3,000,000 for the costs of the loan and drilling in the next 18 months. We plan to complete the transaction by June 1, 2009.
We plan to complete all filings for Arete by the end of June 2009 and file the necessary paperwork to be listed on the OTC BB early third quarter. "This has been a long time coming and we have worked very hard to make this happen. The pipeline had its problems in the beginning but is performing very well now and we expect this acquisition of assets will help complete our long term development plan for Arete," stated Charles Gamber CEO of Arete Industries, Inc.
Well I beat Ya. I took my first position in EESO in April 2008 and have adding ever since. And many other longs have been here since then also. I took some profits a couple times and now my average is .003
Wow, thanks sellers for the opportunity to add to my holdings at these prices. Never thought I would get them this low again.
I guess you sellers are going to allow me to pick up some more cheapies. Thanks
I personally hope Jared doesn't accept anything below .50 share. But that's just me. In fact I'm buying some more on today's dip.
Just received this e-mail:
Dear Investor,
You are cordially invited to attend a very special evening with Florida Power & Light, CHDT Corp and three other exciting companies. Tomorrow, April 21st, we will be hosting a Green Opportunity Town Hall Meeting. Come hear what companies are doing for the environment and possibly uncover an exciting investment opportunity. Please review the attached information. Attendance is FREE, but you must RSVP.
We look forward to seeing you there.
http://www.smallcapconferences.com/
Man, this board isn't worth reading anymore. The longs spend all day defending the company. Oh well, I know what I have so naysayers have at it. Go EESO!!
It's almost getting comical watching how EESO trades everyday lately. Not very much longer though IMO
Some more news today
RCC HOLDINGS, CORP. ("RCC") (Pink Sheets: RCCH) continues it effort to be totally green.
Referencing its strategic plan, RCC management will be attending meetings this week on technologies including solar power, alternative fuels, and hydrogen fuel cells. These meetings will investigate the state of these technologies and how far particular efforts are from commercialization. As companies and technologies become suitable vis-à-vis the RCC strategic plan, efforts will be made by RCC to pursue relationships with selected companies.
Operationally, senior management will be visiting Idaho and Montana the week of April 20. Marketing and sales setup will occur relative to its green housing ventures, as well as new potential customer visits for its RCC/IWS subsidiary. Two projects in the Caribbean are in the pre-proposal phase, gathering information about the magnitude of the task that RCC/IWS would have in each. Each project is substantial in terms of potential future revenues and takes advantage of the RCC/IWS technology and business contacts in that region. It is expected that an initial project outline letter will be submitted, no later than the week of April 20, to proper officials on one of the projects that RCC/IWS will act as a subsidiary supplier on. That phased project would involve a development in excess of 1,000 new homes and would be part of a public/private business relationship, if accepted.
Discussions have occurred with an agency of the US Government, setting up the possibility of payment guarantees with potential international projects. RCC feels it is important when operating in developing countries, that solid payment structures are in place when business is undertaken. With management experience in international projects and the need for the United States to increase its business thrust overseas, the company feels that this is an ideal time break into new territories, solidified by proper payment guarantees and international banking relationships.
This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
News Date : 04/16/2009 @ 10:00AM
RCC Expands Into Alternative Fuels and Solar Power
RCC HOLDINGS, CORP. ("RCC") (Pink Sheets: RCCH) continues it effort to be totally green.
Referencing its strategic plan, RCC management will be attending meetings this week on technologies including solar power, alternative fuels, and hydrogen fuel cells. These meetings will investigate the state of these technologies and how far particular efforts are from commercialization. As companies and technologies become suitable vis-à-vis the RCC strategic plan, efforts will be made by RCC to pursue relationships with selected companies.
Operationally, senior management will be visiting Idaho and Montana the week of April 20. Marketing and sales setup will occur relative to its green housing ventures, as well as new potential customer visits for its RCC/IWS subsidiary. Two projects in the Caribbean are in the pre-proposal phase, gathering information about the magnitude of the task that RCC/IWS would have in each. Each project is substantial in terms of potential future revenues and takes advantage of the RCC/IWS technology and business contacts in that region. It is expected that an initial project outline letter will be submitted, no later than the week of April 20, to proper officials on one of the projects that RCC/IWS will act as a subsidiary supplier on. That phased project would involve a development in excess of 1,000 new homes and would be part of a public/private business relationship, if accepted.
Discussions have occurred with an agency of the US Government, setting up the possibility of payment guarantees with potential international projects. RCC feels it is important when operating in developing countries, that solid payment structures are in place when business is undertaken. With management experience in international projects and the need for the United States to increase its business thrust overseas, the company feels that this is an ideal time break into new territories, solidified by proper payment guarantees and international banking relationships.
This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
University of South Florida is about 10 miles from me here in Tampa
Broker-Dealer presentation April 15 8K
http://ih.advfn.com/p.php?pid=nmona&cb=1239831346&article=37302191&symbol=NB^CHDO
You've got to be kidding me. I had 100k shares as a starter almost a year ago. More credibility than anyone on this board? lmao
You can add me to the clan.
He's never owned 1 share
It will be recorded and posted in the IBOX
Have you been in on the past CC? I have been a part of all 3 and Jared does a very good job of answering every question he can
News!!
http://ih.advfn.com/p.php?pid=nmona&cb=1239717980&article=37277866&symbol=NO^RCCH
RCC Continues Positive Growth in Adverse Economy
RCC HOLDINGS, CORP. ("RCC") (Pink Sheets:RCCH) and its subsidiaries have completed a joint venture agreement with CP of Bozeman, Inc. allowing it to expand its IWS subsidiary into the green housing market in the Montana area. The effort will attempt to provide green solutions to Montana homeowners, and will allow its IWS subsidiary to continue expansion to provide environmental services current existing home markets. Initial marketing and sales setup work will continue through the week ending April 24 in Montana.
In addition, the company, in its effort to begin initiatives relative to its new strategic direction, has been involved in conversations with companies who are involved in major projects on three continents, providing short and long term potential for RCC growth. These projects involve RCC’s new thrust into rural economies and represent a meaningful step forward in the direction of its strategic plan. In that regard, RCC management recently completed a 3-day trip outside the US, investigating one of the more short-term opportunities, and expects to have updates on this particular effort by second quarter of this year.
Operationally, the RCC/IWS subsidiary received the Onsite Public Sewer System Engineering Design Report submitted, on April 2, to the State of Montana for its latest project in western Montana. The document seeks final approval from the State’s Environmental Quality Department, with the engineering firm forecasting that the project is on schedule for installation this year.
This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Same controlled crap today. Someone doesn't want us above .02
However you won't be there and have not been to any of the other CC but you know word for word.
I can almost guarantee you that none of the naysayers will be in on the CC tomorrow.
Thanks abcdefg, Best of luck on you're trip and look forward to hearing from you as updates become available. Be safe.
That's not the point. I have owned AKYI a long time. I'm just tired of him with his hit and run scam post on a stock I own. So I'll return the favor. You can do whatever you want.
yes, someone that has not done one ounce of DD on a company before they open their mouth.
I've chewed off many in my day. Don't worry about me.
yes you are a legend in you're own mind.
says who and where is the proof? Oh that's right you are the expert over all of us.
ya, those are really having a positive effect on the PPS for the last year.
Hello abcdefg,
hope you are doing well.
Wow, there are coming out of the woodwork tonight but EESO and the longs will prevail.
You should worry more about you're AKYI scam which I've owned forever
Who's stressing? I'm certainly not. Go jared