Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
AMOR with volume this will go to 1.01 easy!!
Level 2 is looking good. 3 mms to 1.01
Amor looks at building 20 portable steam units and with those they will make 2-6 million dollars a year per unit!!!
This looks to be building a new base at .80 cents. Level 2 was showing that once we break through the .94 barrier then we are golden!!
AMOR news!!! AM Oil Resources & Technology Outlines Goal for 2009
4:30p ET January 30, 2009 (Business Wire)
AM Oil Resources & Technology Inc. (OTCBB: AMOR) announced today that it intends to build approximately 20 of its patented MT-06 Portable Steam Systems in 2009. As previously stated, each Portable Steam Systems used by the Company is capable of producing from $2-$6 million in annual revenues for AM Oil Resources & Technology. The Company's technology is a self-contained steam generator system with an innovative drumless boiler, generator set, pumps and water purification system capable of producing variable temperature steam (500 to 750 degrees Fahrenheit) at variable pressures (300 to 2500 psig) and steam qualities of 70 to 85%. The systems are trailer or skid mounted and designed to produce steam that is injected down the casing of oil wells to oil producing zones to recover oil previously unrecoverable without heat and pressure.
Anthony K. Miller, CEO of AM Oil Resources and Technology, commented: "These systems are designed for Company usage as well as to market to customers worldwide for joint venture opportunities. We intend to build both 10 million BTU and 25 million BTU systems. These units are easily moved from well to well injecting steam into the wells from days to weeks depending on the oil formation. Based upon the domestic and international interest (Canada, S. America and Mexico) we are receiving, we are confident that we have sufficient interest to warrant 20 units as an attainable goal.
"According to the Energy Information Administration (EIA), which provides the official energy statistics from the U.S. Government, the U.S. consumed 20.68 million barrels of crude oil and petroleum products per day in 2007 and our daily production is just above 5 million barrels per day. The Country has over a trillion barrels in reserves and much of that oil is trapped in oil formations that can only be recovered with technology. To meet our daily demand, the U.S. gets the vast majority of its oil from foreign sources. Because of our weak economy, we borrow from China to pay for the oil we need, deepening our economic crisis and expanding our trade deficits. We believe that producing our own domestic oil is a better option for the country and we believe that our technology is a solution in that direction," further commented Miller.
About AM Oil Resources & Technology Inc.:
Our mission is to use, sell and produce our patent and patent pending technologies, providing environmentally safe and cost-effective apparatus designed to maximize oil production in oil fields, in both domestic and international markets. To provide solutions to the world with technology that will recover crude oil that would otherwise remain in the ground forever. By utilizing proper development, partnership and strategic alliances, we will attain this goal. Our website is: www.am-oil.com
Amor pulled back some today. Watch for the bid to start building tomorrow and gap up to a closer bid!!
AMOR has such a low float it jumps around like crazy!!!
I'd agree. It looks like some people are taking profits from last week. Once we get those suckers out of here this will break through the .9's
Amor .70 x .84 low volume!!
I have a buy order in for .0001, I will see if it gets filled
Once this breaks through any resistence at .0018 then it will be the new support level then the next resistence is at .0025, once we break through that point this will hit a penny. I purchased 1 million shares today at 3:56 at the ask because i believe this is going to go to new highs!!!
amor closed at .90!!
the float is low so it jumps around like crazy!!!
3 mms til 1.00 on AMOR
Thanks. AMOR looks like some profit taking. Where do you think this thing is going to end up? Level 2 is starting to stack up nicely.
Looks like people have been taking profits today.
AM Oil Resources & Technology Outlines Goal for 2009
4:30p ET January 30, 2009 (Business Wire)
AM Oil Resources & Technology Inc. (OTCBB: AMOR) announced today that it intends to build approximately 20 of its patented MT-06 Portable Steam Systems in 2009. As previously stated, each Portable Steam Systems used by the Company is capable of producing from $2-$6 million in annual revenues for AM Oil Resources & Technology. The Company's technology is a self-contained steam generator system with an innovative drumless boiler, generator set, pumps and water purification system capable of producing variable temperature steam (500 to 750 degrees Fahrenheit) at variable pressures (300 to 2500 psig) and steam qualities of 70 to 85%. The systems are trailer or skid mounted and designed to produce steam that is injected down the casing of oil wells to oil producing zones to recover oil previously unrecoverable without heat and pressure.
Anthony K. Miller, CEO of AM Oil Resources and Technology, commented: "These systems are designed for Company usage as well as to market to customers worldwide for joint venture opportunities. We intend to build both 10 million BTU and 25 million BTU systems. These units are easily moved from well to well injecting steam into the wells from days to weeks depending on the oil formation. Based upon the domestic and international interest (Canada, S. America and Mexico) we are receiving, we are confident that we have sufficient interest to warrant 20 units as an attainable goal.
"According to the Energy Information Administration (EIA), which provides the official energy statistics from the U.S. Government, the U.S. consumed 20.68 million barrels of crude oil and petroleum products per day in 2007 and our daily production is just above 5 million barrels per day. The Country has over a trillion barrels in reserves and much of that oil is trapped in oil formations that can only be recovered with technology. To meet our daily demand, the U.S. gets the vast majority of its oil from foreign sources. Because of our weak economy, we borrow from China to pay for the oil we need, deepening our economic crisis and expanding our trade deficits. We believe that producing our own domestic oil is a better option for the country and we believe that our technology is a solution in that direction," further commented Miller.
About AM Oil Resources & Technology Inc.:
Our mission is to use, sell and produce our patent and patent pending technologies, providing environmentally safe and cost-effective apparatus designed to maximize oil production in oil fields, in both domestic and international markets. To provide solutions to the world with technology that will recover crude oil that would otherwise remain in the ground forever. By utilizing proper development, partnership and strategic alliances, we will attain this goal. Our website is: www.am-oil.com
.80 x .90 AMOR
hey what did you ever figure out about ffgo/hglc?
The one great thing is once we break through the resistance then theoretically it should become a new support level
Yes they are!!! Level 2 was starting to show a wall around the 1.01 mark.
from the last news it says they would like to build 20 of the steam systems and each one has 2-6 million in revenues each year!!
$120,000 worth of volume today! Very nice. Congrats to all the people who go in this early last week.
I did well today. I've been reading up on a few other stocks right now. What do you think about that hglc, ffgo dividend deal? Do you think its just another scam? Thanks for you input.
Well I must get going have a good day ttul. Good luck on your trades today.
Looks like we have great support on level 2 at .70 3 mms there. At least $92,000 worth of volume today alone. It should carry into tomorrow.
I mean on amor and level 2 their are always the possiblities of doms or arca moving up to a higher price, they just show the best ask and best bid per mm.
That would be very good for them maybe not the american people but amor stock would rise. Level 2 shows a huge wall at 1.01, but there are 6 mms at 1.01 but each have the 500 shares per mm.
Once the wall at .93 is broken through then we are at 1.00
how are you doing?
I'm doing well...just got done typing a bunch of stuff and was checking out amor. Up again today.
From level 2 on friday the bid started building as the day was going on. Maybe that is why we saw green on friday.
AM Oil Resources & Technology New Company Brochure Available on the Company's Website
3:00p ET January 23, 2009 (Business Wire)
AM Oil Resources & Technology Inc. (OTCBB:AMOR) announced today that it has created a new company brochure to provide the public and its current shareholders with additional detailed information related to the Company and the oil and gas market where it conducts business.
According to Anthony K. Miller, CEO, "Our brochure can be found on the home page of the Company's website at www.am-oil.com. We recognize the potential application of our technologies in the oil and gas industry is significant. Our patent and patent pending technologies are designed to enhance profitability of oil and gas wells worldwide. The brochure profiles the need for our technology and how optimum recovery is achieved. Our objective is to provide the public with a broader understanding of our goals. For those individuals who would like to continue to receive information on the Company and its progress there is a clickable 'contact us' button located on our site for additional information. We will make every effort to provide additional information to every inquirer," further commented Miller.
About AM Oil Resources & Technology Inc.:
Our mission is to use, sell and produce our patent and patent pending technologies, providing environmentally safe and cost-effective apparatus designed to maximize oil production in oil fields, in both domestic and international markets. To provide solutions to the world with technology that will recover crude oil that would otherwise remain in the ground forever. By utilizing proper development, partnership and strategic alliances, we will attain this goal. Our website is: www.am-oil.com.
I will have to agree with you on this one.
I am going to publically respond to all the private messages I received concerning this email that I received. I received it from another investor on a different stock site that I occasionaly post on and so I decided to post it on the ihub idcc board thinking it would help anyone out that invests here. I was wrong, and for that I do apologize. I know you guys won't believe me in that statement but I felt like I should get a right to explain the email and such. I've requested to the site moderator and admin to have that post removed from this stock site yet it still has not been removed. Personally I do care about what happens here at idcc and was more concerned about the upcoming investors than the impact a non bashing, non hurting email fake or not fake from someone would do to a stock message board. Once again everyone will pick a part all my words that are being typed but I felt like I needed to explain myself. have a good night folks mac
Preferred Stock, 100,000,000 shares authorized
No shares issued and outstanding
- -
Common Stock, 1,150,000,000 shares authorized
98,900,000 shares issued and outstanding
(from 11/08 10/q and nv sec of state.)
Transfer Agent
Empire Stock Transfer Inc.
2470 St. Rose Parkway
Suite 304
Henderson, NV 89074
I am a firm believer that if we get 5% a day i will be happy. It doesn't need to go up 100% every day. 5% works for me.
Thanks alot, i really do appreiate you responding. I've just been trying to understand alot of what that stuff all means when they change the beneficial ownership.
FORD-F what does everyone think is going to happen here monday. It pulled back some friday but i guess we will see.
i agree, AMOR had great after hour news yesterday. Watch for this thing to break 1.00 next week.