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You do realize you can contact the Venango county courthouse and request records of the well owner(s)? Once you verify this, you can then reconcile that past dates production & ownership does not correlate with the present. And this begs the question, why would a corporation publicize findings (production reports) based on production (or lack there of for that matter) that was secured by another party? Particularly when the financial risk of stating something occurred once but ooops quite possibly doesn't happen again carries such an inherent risk?
A legitimate enterprise cannot bank on (or advertise) what someone else has done prior to their involvement and expect to ride a wave of greenbacks on that. Especially in pinkyland. Particularly if there was some sort of issue that presented itself prior to that legitimate enterprise entering the situation.
You should appreciate the circumspection here.
Have you called Roger yet? Have you confirmed they have until February to submit the production reports?
XNRG
Funny how that is, isn't it?
I did post a question about Northeastern being the lessee on the permits. And do hope that the same question and an answer are not already present. I do understand how that works (PA DEP further enlightened me as well) but I think it would go a long way in highlighting the validity of XUN's position for those that refuse to look outside the box or those easily scared out of their shares.
XNRG
There is a lot of untapped oil in PA. I'm thinking they might well be in some Jed Clampett territory....
I ain't seen nothing like that since the time your still blew up...
I am pretty satisfied with the present information with respect to the level of reports from last years drilling.
717.772.2199 ask to speak with Roger. They are pretty nice folk over at PA DEP so have it. Stop waiting for others to provide the information or depend on google for your answers. Do things the old fashioned way, how we used to get things done 99% of the time in this country...roll up those sleeves and get dirty. Or, easier yet, you could just make a phone call.
Let us know what you discover.
XNRG
Now, now, you really shouldn't do that to newbies... the S1 already filed is as clean as they come!!! there could be comments by the sec, but they will not be material if at all, based on my own experience with these....I would be shocked if this is not effective by thanksgiving at the very latest...but suspect a week or 2 before that for sure....could very well be accepted on first pass as well, which would mean near end of October!
By virtue of the fact that Koos will have to answer for certain Bio-Matrix activities and perhaps erroneous BMSN filings (yes, they are there. You just don't know which) renders the S1 as not being "as clean as they come". Far from it, actually. It is all relative, Traz.
That is just to start with probable issues with the S1.
And although the comments/request for clarification may not be "material" to Koos, they may very well be "material" to shareholders. Such comments/requests for clarification can be obtained by the SEC.
Depending on the issues the SEC has with the S1, it could be months before a resolution. Especially if Koos did not correct a few things that the SEC is aware of as it pertains to August filings (I haven't search the database of late to confirm whether or not he has. But, judging by his promise to be a good boy for now on, he very well may.).
And let us not forget the Stephen Hicks connection. If the complaint by a certain investor (no, not me on this one) with a family connection with an SEC attorney in fact submitted said complaint, the SEC will be looking over matters between BMSN/Regen & Hicks. This might cause a weeee bit of a delay.
Perhaps Koos has scurried of late to correct his many, many wrongdoings and can somehow manage to come out this one unscathed. That would be most beneficial to the science and the shareholders. But let's call it as it really is...ain't nothing with Koos's name on it as clean as they come.
These are not assumptions. These are facts.
Still lovin' that science though.
How could you not have access to the forum? It is a public forum. Additionally, did you call Jon Malis yesterday and confirm if indeed he is working on behalf of XUN on the Rice wells?
XNRG
I was thinking similar...maybe he is so busy trying to compose the PR to let we shareholders know about the massive potential that has recently been unearthed (literally) that he just can't contain himself long enough to log on and correspond??? Maybe, just maybe?
Is that close, Jerry?
XNRG
I've got 15,887,147 as of 3:58 PM; Ameritrade.
Looking forward to it, too!
XNRG
I know. That is why I made it a point to indicate the legal timeline for production reports. But, for some, unless it is physically slapping them in the face...
XNRG
If there was nothing produced at the time then there is nothing to report.
According to the offices at PA Dept of Environmental Protection, the records indicate that the lessee information is listed as Northeastern Consolidated Energy Partners, Inc., Jon Malis, President; 306 Prospect St Pittsburgh, PA, 15211 412.491.6660 NCEA is a small, few men operation so doesn't operate at the speed you would expect from big boys. These are the folk that are doing the actual drilling. Give Mr. Malis a call and confirm whether or not he is working on behalf of XUN. Perhaps he will be able to allay your concerns???
Since NCEA purchased many wells in northern PA in 2009 in the hopes of complete exploration in the forthcoming months utilizing capital that Malis raised up to that point, it is very possible that these wells were available for purchase by XUN due to NCEA not having the resources required to proceed. For whatever the reason. I don't know for certain yet and that very well could be the case. That doesn't preclude them from being able to complete the successfully...means they ran out of funds. And what a surprise in this economy, eh?
Whatever the case may be, nothing yet to suggest that XUN are not keeping to their word and that we should receive something very soon confirming production. If that should change however and I discover something is rotten, I will be glad to let you know.
According to XUN's own words, they acquired the wells late summer last year. There have been contingencies from the beginning as well as expected snags in any business venture. Any production that has occurred since January 2013 would not be required for production submission until January 2014 with the deadline being 8 February 2014 I believe. That is the law.
So, give the man a call and see if he can't answer any of your questions.
PORTLAND, OR--(Marketwire - Sep 19, 2012) - Xun Energy, Inc. ("XNRG")
(OTCQB: XNRG) announces the acquisition of 30 oil well locations in Venango
County, Pennsylvania from Vencedor Energy Partners (Assignor) on August 31,
2012. XNRG paid $585,000 in the form of 11,700,000 shares (Shares) of
common stock of the Company for the rights which allows XNRG to drill 30 oil
wells on 3 leaseholds on 611 acres.
XNRG will have 100% working interest in the wells with 82.5% Net Revenue
Interest (NRI) on the Rice and Lalley leaseholds and 80.0% NRI on the Corse
leasehold. The leaseholds are producing from the Venango first, Red Valley I,
Red Valley II and Venango Second geologic formations typically found around
800' to 1200'. These shallow wells will cost $167,000 per well on a turnkey
basis. Average production from existing wells on these leaseholds have ranged
from 3,000 to 5,000 barrels of oil over a 10 year period with an average of
1,500 barrels of oil per well in the first year. The Company, after it completes
its 30 well program, has an option to drill 15 more wells with NRI's of 80.0% to
82.5%.
The Company plans to drill before the end of November 2012 and hopes to
complete all 30 wells within the first 10 months of 2013, subject to securing
the financing for drilling the wells. If XNRG does not begin drilling the first well
before November 31, 2012, or commence drilling 3 more wells before January
31, 2012, then XNRG will forfeit its rights and the acquisition shall terminate
and unwind with the Assignor returning the Shares to XNRG.
"We are excited to acquire these low risk oil locations that are within producing
leaseholds," commented Jerry G. Mikolajczyk, President of the Company. He
further commented. "Our Initial Production (IP) is expected to be an average of
25 Barrels Oil Per Day (BOPD) per well during the first month and settling to 1
to 2 BOPD within 120 days for many years thereafter. The IP allows the
Company to recapture the majority of its capital cost within the first few
months of production. This will give XNRG a high return in a short time frame.
These are shallow wells that can start producing oil within 30 days of spotting
the rig
XNRG Production Report Status Questions:
I just got off the phone with Roger at the PA Dept of Environmental Protection. Production reports are filed annually with the deadline being February. Therefore, according to the PA office of Environmental Protection, there is no 30 day requirement for these wells and we very well may not see a production report logged with the state until February 2014 as this is the standard.
We should receive all sorts of PR's in the interim though!
I did confirm the legitimacy of the permits as well of course; they are all logged & 100% confirmed.
XNRG.
Wait.. I thought that was Wiki's breakdown of a mother-in-law!
Peter Violitis definitely has an interesting way of doing things. Here's to the successful execution of his Zeus-like undertaking!
Great work, Sporty!
VDSC.
If Koos does what he is proposing and doesn't screw this up, that is to say he allows the science to deliver as it is capable of delivering, keeps his ego and his past way of doing things out the mix and does not dilute the hell out of Regen before he sells off the magnificent science these doctors have worked tirelessly to perfect, there will be some very happy shareholders when all is said and done.
He provided a code of ethics so-to-speak...is up to you shareholders to make certain he himself lives up to this.
Good luck to you longs and to the fine doctors at BMSN/Regen Biopharma!
Eleven months ago is history?
So, did you read it or didn't you? The settlement terms are not alarming? Has there been anything subsequently filed to show a modification of the terms?
History tends to repeat itself. And, history plays a significant role in present and future activities.
"That's history". Ok....
This is the first time I have seen the full contents of this. Has anyone else seen and read it in its entirety???
entb
Imenvax trademark dead.
http://www.trademarks411.com/marks/85067523-imenvax" rel="nofollow" target="_blank" >http://www.trademarks411.com/marks/85067523-imenvax
(no alternate noted)
Are you kidding? Well, if you consider what the term "due diligence" was originally adopted (so-to-speak) for and couple that with the myriad of uses now in place, one can safely assume that "risk assessment" only is no longer applicable. Or, as I dared to state "phased out".
Considering the potential of something is very much part of due diligence.
Huh???
Well, that is too easy... wiki it!
Due Diligence
And that is just to start. Due diligence of the term will show you many examples of this.
So, again, "Due Diligence" is a broad term.
I "asserted" nothing...just pointed something out.
In 21st century business dealings, "due diligence" is a very broad term and has long since been phased out so-to-speak to represent a technical risk assessment.
Due diligence also includes determining potential--something that has certainly been done by those that have met with the company and those that represent it. Often times doing such provides something much more tangible than what you will find by a google search.
I am not implying for one minute the company is perfect and not without indiscretions. However, the information provided by those who have met with the company and subsequent follow-up of information (i.e., the launching of today's new site) is far more convincing, imo, than the "due diligence" you continue to post. Again, I have not seen anything that you have listed that is earth-shattering or inexplicable in the world of trying to succeed in a 21st century market.
I am fairly proficient at dd'ing myself and have yet to find anything that gives me great pause after a mull.
VDSC
I do understand how equity purchase agreements work and admit, most are as crooked as a dogs hind leg. Still, often times it is a means to an end for some legitimate companies. Who, if they dot the i's and cross the t's as should be, can progress successfully despite the toxic financing. I have yet to locate anything that suggests the company is in bed with the finance company as well. If that changes, I have no problems informing such.
I have yet to see a single filing with any state agency that suggests the present endeavors by XUN are anything but legitimate. So, they produce and sell oil, everything else is moot. Correct?
XNRG
So, how concerned or excited are we about the 15 milly reserve equity financing agreement with AGS Capital Group?
XNRG
And here are your permit details. You have to know how the system works and how to navigate state/federal databases in order to avoid spending countless hours sifting through the muck just to find one piece of pertinent info. In this case you use the same database and conduct a time frame search for permits.
Again, same format issue with the pasting:
EP DOGO NWDO Dstr Off
Venango
Cranberry Twp
3/19/2012
NORTHEASTERN CONSOLIDATED ENERGY PARTNERS INC
NEW
Drill & Operate Well Permit
121-44892
No
Vertical Well
COMB. OIL&GAS
RICE 4
41º 21' 41''
-79º 38' 25.31''
41.361388
-79.640363
OGO-66565
314 PETROLEUM CENTER RD
OIL CITY
PA
16301-6216
913629
259632
749916
EP DOGO NWDO Dstr Off
Venango
Cranberry Twp
3/19/2012
NORTHEASTERN CONSOLIDATED ENERGY PARTNERS INC
NEW
Drill & Operate Well Permit
121-44893
No
Vertical Well
COMB. OIL&GAS
RICE 5
41º 21' 41.65''
-79º 38' 21.60''
41.361569
-79.639333
OGO-66565
314 PETROLEUM CENTER RD
OIL CITY
PA
16301-6216
913633
259632
749921
EP DOGO NWDO Dstr Off
Venango
Cranberry Twp
3/19/2012
NORTHEASTERN CONSOLIDATED ENERGY PARTNERS INC
NEW
Drill & Operate Well Permit
121-44894
No
Vertical Well
COMB. OIL&GAS
RICE 6
41º 21' 42.07''
-79º 38' 17.69''
41.361686
-79.638247
OGO-66565
314 PETROLEUM CENTER RD
OIL CITY
PA
16301-6216
913703
259632
749933
EP DOGO NWDO Dstr Off
Venango
Cranberry Twp
2/4/2013
NORTHEASTERN CONSOLIDATED ENERGY PARTNERS INC
NEW
Drill & Operate Well Permit
121-45151
No
Vertical Well
OIL
RICE 3
41º 21' 40.57''
-79º 38' 32.45''
41.361269
-79.642347
OGO-66565
314 PETROLEUM CENTER RD
OIL CITY
PA
16301-6216
956616
259632
759276
EP DOGO NWDO Dstr Off
Venango
Cranberry Twp
2/4/2013
NORTHEASTERN CONSOLIDATED ENERGY PARTNERS INC
NEW
Drill & Operate Well Permit
121-45152
No
Vertical Well
OIL
RICE 5
41º 21' 40.57''
-79º 38' 36.43''
41.361269
-79.643452
OGO-66565
314 PETROLEUM CENTER RD
OIL CITY
PA
16301-6216
956619
259632
759278
EP DOGO NWDO Dstr Off
Venango
Cranberry Twp
2/4/2013
NORTHEASTERN CONSOLIDATED ENERGY PARTNERS INC
NEW
Drill & Operate Well Permit
121-45153
No
Vertical Well
OIL
RICE 6
41º 21' 43.52''
-79º 38' 36.14''
41.362088
-79.643372
OGO-66565
314 PETROLEUM CENTER RD
OIL CITY
PA
16301-6216
956620
259632
759280
EP DOGO NWDO Dstr Off
Venango
Cranberry Twp
2/4/2013
NORTHEASTERN CONSOLIDATED ENERGY PARTNERS INC
NEW
Drill & Operate Well Permit
121-45154
No
Vertical Well
OIL
RICE 14
41º 21' 43.87''
-79º 38' 32.23''
41.362186
-79.642286
OGO-66565
314 PETROLEUM CENTER RD
OIL CITY
PA
16301-6216
956621
259632
759281
EP DOGO NWDO Dstr Off
Venango
Cranberry Twp
2/4/2013
NORTHEASTERN CONSOLIDATED ENERGY PARTNERS INC
NEW
Drill & Operate Well Permit
121-45155
No
Vertical Well
OIL
RICE 15
41º 21' 46.05''
-79º 38' 29.56''
41.362791
-79.641544
OGO-66565
314 PETROLEUM CENTER RD
OIL CITY
PA
16301-6216
956624
259632
759284
Not so sure about your assertion of 30 days. And, can't confirm via phone right now as the office is shut due to the holiday.
That said however, according to PA online database, the wells are active and noted with formation type as producing:
(You have to do a DEP OFFICE OF OIL AND GAS MANAGEMENT
FORMATIONS search, selecting Cranberry Township 61911 as your search criteria. I can't get the info to paste in the original format, but the info is all there. NOTE: STATUS IS ACTIVE and the following "No" "No" denotes Unconventional and Conservation answers.)
PA Oil & Gas Reporting Site
PRIMARY FACILITY ID
API / PERMIT
CLIENT
OGO #
REGION
COUNTY
MUNICIPALITY
LATITUDE
LONGITUDE
SPUD DATE
WELL STATUS
UNCONVENTIONAL
CONSERVATION
759276
121-45151
NORTHEASTERN CONSOLIDATED ENERGY PARTNERS INC
OGO-66565
EP DOGO NWDO Dstr Off
Venango
Cranberry Twp
41.361269
-79.642347
Active
No
No
SUB FACILITY ID
11-14 API
SUB FACILITY STATUS
WELL TYPE
UNCONVENTIONAL
CONSERVATION
1093700
00 - 00
Active
OIL
No
No
FORMATION TYPE
STRATIGRAPHIC CODE
FORMATION
ROCK UNIT
PARENT FORMATION
Producing
40530
VENANGO
Group
PRIMARY FACILITY ID
API / PERMIT
CLIENT
OGO #
REGION
COUNTY
MUNICIPALITY
LATITUDE
LONGITUDE
SPUD DATE
WELL STATUS
UNCONVENTIONAL
CONSERVATION
759278
121-45152
NORTHEASTERN CONSOLIDATED ENERGY PARTNERS INC
OGO-66565
EP DOGO NWDO Dstr Off
Venango
Cranberry Twp
41.361269
-79.643452
Active
No
No
SUB FACILITY ID
11-14 API
SUB FACILITY STATUS
WELL TYPE
UNCONVENTIONAL
CONSERVATION
1093702
00 - 00
Active
OIL
No
No
FORMATION TYPE
STRATIGRAPHIC CODE
FORMATION
ROCK UNIT
PARENT FORMATION
Producing
40530
VENANGO
Group
PRIMARY FACILITY ID
API / PERMIT
CLIENT
OGO #
REGION
COUNTY
MUNICIPALITY
LATITUDE
LONGITUDE
SPUD DATE
WELL STATUS
UNCONVENTIONAL
CONSERVATION
759280
121-45153
NORTHEASTERN CONSOLIDATED ENERGY PARTNERS INC
OGO-66565
EP DOGO NWDO Dstr Off
Venango
Cranberry Twp
41.362088
-79.643372
Active
No
No
SUB FACILITY ID
11-14 API
SUB FACILITY STATUS
WELL TYPE
UNCONVENTIONAL
CONSERVATION
1093704
00 - 00
Active
OIL
No
No
FORMATION TYPE
STRATIGRAPHIC CODE
FORMATION
ROCK UNIT
PARENT FORMATION
Producing
40530
VENANGO
Group
PRIMARY FACILITY ID
API / PERMIT
CLIENT
OGO #
REGION
COUNTY
MUNICIPALITY
LATITUDE
LONGITUDE
SPUD DATE
WELL STATUS
UNCONVENTIONAL
CONSERVATION
759281
121-45154
NORTHEASTERN CONSOLIDATED ENERGY PARTNERS INC
OGO-66565
EP DOGO NWDO Dstr Off
Venango
Cranberry Twp
41.362186
-79.642286
Active
No
No
SUB FACILITY ID
11-14 API
SUB FACILITY STATUS
WELL TYPE
UNCONVENTIONAL
CONSERVATION
1093706
00 - 00
Active
OIL
No
No
FORMATION TYPE
STRATIGRAPHIC CODE
FORMATION
ROCK UNIT
PARENT FORMATION
Producing
40530
VENANGO
Group
PRIMARY FACILITY ID
API / PERMIT
CLIENT
OGO #
REGION
COUNTY
MUNICIPALITY
LATITUDE
LONGITUDE
SPUD DATE
WELL STATUS
UNCONVENTIONAL
CONSERVATION
759284
121-45155
NORTHEASTERN CONSOLIDATED ENERGY PARTNERS INC
OGO-66565
EP DOGO NWDO Dstr Off
Venango
Cranberry Twp
41.362791
-79.641544
08/22/2013
Active
No
No
SUB FACILITY ID
11-14 API
SUB FACILITY STATUS
WELL TYPE
UNCONVENTIONAL
CONSERVATION
1093709
00 - 00
Active
OIL
No
No
FORMATION TYPE
STRATIGRAPHIC CODE
FORMATION
ROCK UNIT
PARENT FORMATION
Producing
40530
VENANGO
Group
XNRG
So what is it exactly that you are looking for or at? I was just reading PA state submitted permit details for each and every one issued. Additional report specifics are, too, validated by the state with a subsequent submission by the state before any other entity.
Are you suggesting that the reports I am viewing are in fact not there? And that the state of PA are publishing erroneous permit details (i.e., BS)?
You do realize there is a period of time allowed for the submission of production reports if oil has been confirmed?
XNRG
Which details would that be? The details I said I would publicize if available?
XNRG
You're entering dangerous territory by saying that:
the more priceless shares of Regen you will receive as Divy
"Dude" is a dudette. Confirming legitimacy, or lack there of in some cases, is never a waste of time when your money is involved.
XNRG
Will search for the info and revert with details if available.
XNRG
(Published 27 September though the interview was publicized on the XUN forum in August.)
“We already have standing in oil business” – the Head of Xun Energy states
Xun Energy Company has suddenly plunged into oil business making it clear that it’s not going to stay in the shadow of large oil producing monsters and that it’s quite able to knock Exxon, the world leader, off its pedestal.
Jerry G. Mikolajczyk, the President of Xun Energy gave an exclusive interview to Fineko Information Agency (abc.az)
- Xun Energy is not too long in oil business, why did the Company decide to change its profile so dramatically?
- We have not changed our profile. The Company changed its focus from real estate to energy in February 2010 after entering into a definitive agreement with Global Power and Water Industries, Inc. (GPWI) which had several power purchase agreements with several Chinese cities and provinces. When the current CEO took control of the Company, he brought with him many years experience in the energy industry, both on the private side and in public utility financial management.
- Many other companies with higher financial and technical possibilities and more experienced in this area are engaged in oil business. How can you estimate your competitive abilities?
- This is an area where we already have standing as evidenced by the high quality leases and associations we have in Pennsylvania
- How the process of investments attraction is going?
- Investment attraction is an ongoing process. What we mean by “ongoing process” is that the Company has a business plan with staged objectives; each requires funding either from cash flow or inflow from outside sources.
Our investment needs for our staged growth is disclosed in our Powerpoint presentation in New York, link: January 13 Presentation
- Does the well drilling at Rice Lease go according to schedule? Are there any factors (weather conditions, government regulations etc.) that can cause delays in oil production?
- As disclosed, on our Xun Forum, weather has caused a delay. However, the pads are completed at the Rice lease. We do not anticipate any government regulations that would impact our drilling and completions program.
- What are your plans in case if the wells turn out to be non-productive?
- We are drilling in a proven and producing field with 5 wells currently producing oil on the same lease within hundreds of feet of our drilling locations. Therefore the risk of the wells being non-productive is very unlikely. We have 30 well locations and an option to acquire 15 more oil well locations. We anticipate each well will produce at various rates of production. We based our economics on the average of all the wells and not any one well in particular. Based on current production from wells on the lease, each well has its own personality and will produce accordingly.
- How do you estimate your business situation in case of oil prices fall?
- Oil prices are the riskiest component of any oil operation. The key is to maximize the net back (net margin, EBITDA) per barrel of oil net of owner royalties and lifting costs. Based on estimates of our costs, our netback is estimated to be approximately 67% based on USD$85.00 per barrel oil selling price. Our fixed costs are minimal per oil well.
- Is it your first experience to cooperate with Vencedor Energy Partners (Xun Energy Operator) or you have already worked together before?
- Yes, this is our first business venture with Vencedor Energy Partners. We are very pleased with their performance and look forward to additional ventures with them.
- How do you estimate the impact of your company operations to the environment of the region?
- Negligible. The region is the site of the first oil well in North America and has a long history of oil production. Our sites and operations are designed to meet or exceed the current environmental regulations required for our type of operation. We are using new equipment and will operate and maintain the sites according to State regulations.
- How many people are engaged in operations (the work force)?
- Currently the Company has 4 workers. Based on completing the current 30 oil drilling and completions program plus exercising our option for the additional 15 oil wells, 9 permanent jobs (includes annual service program) would be created and 67 direct and indirect jobs would be created during the drilling and completions program.
- Are you sure that you will be able to rise the declared debt financing to the full extent?
- The Company is working with various financial consultants on raising the necessary funds for completing our projects. The Company qualifies for a Small Business Loan (SBL) as administered by the SMALL BUSINESS ADMINISTRATION of Untied States of America. The Company has made application for $5 million under the SBL program and it is in process. There is no guarantee that the company will be successful in closing on the SBL. As disclosed in our SEC filings, we have a $15 Million Reserve Equity Financing Agreement (REFA) of credit with AGS Capital Group, LLC. The Company is required to register the stock for the REFA. The Company has received its first round of comments on the Registration Statement (S1) from the SEC and has acted on the comments. The Company expects to be submitting a new S1 for the REFA soon.
ABC.AZ XUN Interview
I know it'll be Halloween soon, but sadly my crystal ball doesn't work as good as yours.
Hi Carlson,
Frankly, was reluctant to discuss ENTB (Inventor can corroborate this) although he appeared receptive to the advice to update ENTB's website and timeline to sufficiently outline the present progress (again, he was reluctant to discuss). As I noted upon our return, Koos indicated that shareholders (it was assumed all shareholders of both Koos productions) would be updated with a forthcoming PR that should have been issued by that Friday, 06 September. As you know, it would be weeks before we received any type of PR and it was not much of an update for BMSN shareholders and nada for ENTB.
Since it appears that Koos refuses to respond to anyone's requests for info, I don't know if a single one of we shareholders has any clue as to what is going on with ENTB. Though, I will ask, are there any here that are still unable to sell or buy the stock due to the DTC Chill placed months ago?
Sorry I don't have anymore to add Carlson---Koos did not follow through as he suggested he would.
You do realize that for those of us that sold in the past week or so, at a loss, could have easily bought right back in today or yesterday even with only having sacrificed a few hundred bucks? The price now is lower than where I sold. I still have not bought a share.
That goes for many people (flippers notwithstanding). The negativity has nothing yet everything to do with the pps. More importantly is has to do with the CEO who is doing everything in his power to make the shareholders that fund this endeavor of his, beg like peasants.
Anyone done a valuation on Regen yet? A realistic one?
YGFA (LOL)
Incorrect. That is only after all the information is received. That is once the entire packet has been completed and submitted (oops, you missed this or that during the course of processing is typical actually)... then is it roughly ten days. And that does not include bank processing time. Each bank is different, btw.
The information that is required to process an SBA loan is not on hand nor is it always easy to obtain. Whether you are a business or ma & pa looking to start one.
I suggest you complete an SBA loan submission personally to confirm just how complicated and time consuming it can be then revert with details. Perhaps XNRG will have received their approval by then.
XNRG
You assert this based on...?
Maybe tomorrow might be a right perty one for us then.
XNRG
From what I have been reading, from my perspective that is to say, news should be out very soon. Hopefully it's all good news and we can see this baby soar.
XNRG.
Thank you! Good to be here, SCB. Been holding some of these babies a while now. Had to SMDH at the jumpers today.
XNRG
Lord! The Motley Crew.
AND YOU BETTER NOT DELETE MY POST!
MEDS/Aegis 2013 Interview
Medistem/Aegis 2013 Interview