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No.
I've been dealing with one bank since "Jesus was a cowboy" and I have my trading account with them.
I'm in no hurry so I'll wait and see what happens.
But thanks for the info:)
G
Exactly my situation:)
Thanks for the info.
Let's hope for the best and GLTY,
G
Morning.
Are you saying the Canadian trading ban has been lifted or do you mean it will be lifted at some point?
As of this morning I still can't buy or sell.
I have a position in TVOG going back EONs.
If you can, plse let me know.
Thanks.
G
thanks.
Morning Sunshine.
Would being current affect the Canadian Market's trading ban?
TIA
G
Thank you, Sunshine.
Nice trading today:
288,888.........BUYS
163,162,700.....SELLS
Bodes well for a big jump in PPS soon, LOL
Dec.11th news.
EX-99.1 2 ex99-1.htm PRESS RELEASE ISSUED BY THE COMPANY
EXHIBIT 99.1
Turner Announces Completion Of Bitumen Shipping Acquisition & Placement Agreement
December 11, 2017
HOUSTON, Texas - 12/11/2017- Turner Valley Oil and Gas, Inc. (the “Company”) (OTC: TVOG), pending name change, is pleased to announce that Turner has finalized its phase 1 infrastructure and shipping acquisition agreement in conjunction with the preferred stock placement with Network 1 Securities, Inc. (“Network 1”).
Stock Placement
The Company has successfully executed a binding Purchase And Sale Agreement (“Agreement”) through a portfolio company of a multi-generational family office based in Dubai, United Arab Emirates. This family office has investments and operating businesses that include dry shipping, crude shipping, natural resource development, construction, civil engineering, and banking. Their investment into Turner will focus on bitumen (also known as asphalt), and the supply chain and transportation of bitumen.
“We are thrilled that the closing process has started and we can now move forward with building a globally integrated bitumen shipping company. With the current and impending demand for global infrastructure spending, spurred by global growth and the current US President’s $1 trillion infrastructure plan, we believe this is an ideal time for Turner to enter the bitumen sector,” stated Network 1 Securities investment banker, Adam Pashok.
Acquisition
Turner has structured the Preferred Stock placement to exchange Series A shares with cash and assets from the anchor investor and third party sellers. The transaction includes the issuance of 25,000,000 Series A Preferred Shares, convertible at a ratio of 2 to 1, with a minimum price per share of $1.00 in exchange for vessels and capital. This structure protects both insider and retail investors from dilution to Turner’s common stock structure.
This transaction allows for capital to be deployed as a bolt on to each vessel as they come under Turner control. Already, two (2) ships have been committed to the placement under the Series A Preferred Share structure. The initial commitment under the Agreement is approximately $15 Million of cash and assets. The vessels are undergoing third party appraisal which will determine their dollar value. The remaining balance of the initial $25,000,000 will be used to secure additional shipping vessels during the extend phase of Turner’s shipping acquisition.
Coming Name Change
The newly expanded Company will focus on all segments of the bitumen industry, including real assets, energy, infrastructure, and the supply chain. Turner has agreed to amend its previous name change plans to reflect the new business model moving forward. As a result, a proposed name change for shareholder approval to PrimeStar Bitumen, Inc is forthcoming. A ticker symbol change will also initiate once the name change is approved by FINRA.
Management
Upon completion of the transfer of committed assets and capital, Turner expects to expand its Board of Directors by appointing several new members in addition to current board member and Turner CEO, Steve Helm. Furthermore, new management, with decades of shipping experience, are expected to join the Board Of Directors. Included in this transition will be a new CEO, administration, and the current Chairman of the family office will take on the same title at the new company.
1
“I am very pleased to see several quarters of hard work come to a successful fruition and I am excited to support the transition of the Company by expanding the management team and executing the extended business model,” stated CEO Steve Helm.
Mergers & Acquisitions
In a prior announcement on August 10th, 2017 Turner outlined its acquisition plans over the next Two (2) years, which includes a plan to integrate into the supply chain by utilizing a build & bolt-on model within the real assets, energy, infrastructure, bitumen, and asphalt segments. Steps are already underway and more details will be issued in coming press releases.
Pro-forma Projections
In a prior announcement on June 8th, 2017, Turner released expectations to fully operate an initial fleet of five (5) Bitumen tanker vessels once acquired. Further expansion is planned once the initial fleet is acquired, which could result in adjustment the Company’s prior initial guidance. Details are forthcoming.
Closing Conditions
Following this initial closing announcement, subsequent events will include Turner filing a Form 10, which includes 10 K and 8 K filings with the SEC. This will meet all registered and fully reporting standards and a result, Turner will meet the qualifications needed for it to be an OTCQB, fully filing company. These are important steps, that in addition to Tuner’s recent Nasdaq system registration, will aid in Turner’s plan to uplist to a higher exchange. In addition, closing conditions include transfer of shipping vessels, release of escrowed funds, appointment of a new Board of directors and management, name change, and an updated corporate website.
About Turner Valley Oil and Gas, Inc.
Turner Valley Oil and Gas, Inc. (pending name change) (OTC:TVOG) is a business holding company with a historical focus on energy related holdings. The Company’s acquisition model is focused on finding and evaluating profitable small to mid-sized businesses as acquisition candidates where cash flow can be improved through its buy, build & bolt-on model within the real assets, energy, infrastructure, bitumen, and asphalt segments.
Certain statements in this press release are forward-looking and involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Please read full disclaimer located at: http://turnerventuregroup.com/disclaimer/
Website: http://bitumentankers.com/
OTC Markets Profile: http://www.otcmarkets.com/stock/TVOG/profile
Contacts:
Steve Helm, CEO
Turner Valley Oil And Gas, Inc.
Address: 3270 Sul Ross, Houston, TX 77098
Phone: 1-713-588-9453
Email: ir@turnerventuregroup.com
trading stats:
-11-07 Q GTLL 0.0001 0.0001 0.00001 0.0001 12,367,500 12
2017-11-06 Q GTLL 0.0001 0.0001 0.0001 0.0001 145,000 1
2017-11-03 Q GTLL 0.0001 0.0002 0.00001 0.0001 268,920,816 88
2017-11-02 Q GTLL 0.0001 0.0001 0.0001 0.0001 2,550,888 2
2017-11-01 Q GTLL 0.0001 0.0001 0.0001 0.0001 0.000099 7,649,999 5
2017-10-30 Q GTLL 0.000001 0.000001 0.000001 0.000001 -0.000099 218,950 2
2017-10-17 Q GTLL 0.0001 0.0001 0.0001 0.0001 499 1
2017-10-12 Q GTLL 0.00001 0.0001 0.00001 0.0001 100,999 2
2017-10-11 Q GTLL 0.0001 0.0001 0.0001 0.0001 400,000 1
2017-09-28 Q GTLL 0.0001 0.0001 0.0001 0.0001 350,000 1
2017-09-19 Q GTLL 0.0001 0.0001 0.0001 0.0001 500,000 1
2017-08-28 Q GTLL 0.0001 0.0001 0.0001 0.0001 999,999 1
2017-08-23 Q GTLL 0.0001 0.0001 0.0001 0.0001 1,070,000 2
2017-08-22 Q GTLL 0.0001 0.0001 0.0001 0.0001 1,000,000 1
2017-08-21 Q GTLL 0.0001 0.0001 0.0001 0.0001 400,000 1
2017-08-18 Q GTLL 0.0001 0.0001 0.0001 0.0001 0.00009 500,000 1
2017-08-09 Q GTLL 0.0001 0.0001 0.00001 0.00001 6,050,000 4
On4 Communications Has Reduced the OS and AS by 1.4 Billion Shares
2017-09-27 14:48 ET - News Release
On4 Communications Has Reduced the OS and AS by 1.4 Billion Shares
NEW YORK, NY--(Marketwired - Sep 27, 2017) - On4 Communications (OTC: ONCI) is proud to announce the reduction of the Outstanding and Authorized shares by 1.4 billion each. The new share structure will be reflected in the next quarter financial report due December 15. CEO Steve Berman states, "This reduction in shares has been a long time coming and current dialogue with FINRA has given us the confidence to proceed with this important step at this time."
On4 is also pleased to announce the hiring of Peter Einstein. Peter is currently based in Serbia and will be running international sales. Peter has held numerous positions in the communications industry including President/CEO, Showtime Arabia; President, MTV Networks Europe; Chairman, Eclipse Media Group and Deputy CEO Rotana Media Group. "Peter brings a wealth of experience and contacts in Europe and the Middle East," adds Berman.
On4 Communications is also pleased to announce it has signed a contract with a 4 dealer Toyota Group in the NY tri-state area: one dealer in NY, one in NJ and 2 in CT. We will deliver units on October 1st. Each dealer will take 50 unites starting in NY and rolling out to NJ and CT in November. Units are $200.00 each for a total of $40,000 a month and $480,000 a year.
About On4 Communications
On4 is a holdings company with an aggressive focus of acquiring proven and profitable businesses. Our first project is focusing on businesses operating in the $1.7 trillion U.S. healthcare industry. Our newest targeted businesses are operating in the trillion-dollar mobile App space. Our first acquisition in the mobile App space is FMS Marketing a global creator and distributor of mobile Apps for Android and iPhones. We are also targeting businesses to acquire and joint venture with in the medical marijuana and emerging MJ ancillary products space.
See you Friday during Happy hour.
G
Not necessarily, my average is .0014 but I bought over 1/MM at .0004. I'm sure there are a few more like me.
We need news or a P/R from whoever is in control.
G
If this doesn't go positive soon it will qualify in the POS category.
Selling at .0021 now.
G
Some idiot kicking the sh*t out of .003s...
L2 looking a bit better today...
135,000 @ .0027 on bid
92,466 @ .005 on ask then 75,000 @ .026 and nothing for now until .2545.
Make the .005s disappear and who knows?
G
L2 shows your 102,466 @ .005 then 2,500 @ .2545.
If the .005s are bought you can be sure there are many sitting to fill the gap between those numbers.
G
Another hopeless, no trade day, looks like.
Hope I'm wrong...
G
Morning Gary.
As I've said on several occasions in past posts, until we hear something from whoever is in charge of HWICQ as to what their plans are going forward, we'll remain in limbo. IMHO.
However just for the hell of it, let me try to jinx it again:
R.I.P. HWICQ. LOL
G
Not much volume but buys outnumber sells: 3 to 1.
G
Very true...
This was our bidder:
jpradke Tuesday, 05/17/16 08:39:53 AM
Re: None
Post # of 3902
Ok, I'm convinced. Set my order up for 600k shares.
G
NITE sold 52.619 at the open and just now another 21/K at .0045.
So he has hidden shares, but how many????
G
NITE upped his bid to .004.
Exactly right.....
G
NITE may move north if he sees a couple 20 or 30/K buys.
JMO of course.
G
The same 10/K.
He's sitting on a bunch, IMO.
G
Someone just put a dent in .0045s.
62,222/ Buy.
G
96,800 bid @ .0031.
Could be a great week coming up.
G
Your post is worth repeating:
You know they talk about the "quiet before the storm". If that's the case we have quite a storm coming because it's been dead quiet here all week!
But it's Friday the 13th. LOL
G
Here it is and it's early today:
R.I.P. HWICQ.................
G
I agree with your P/M and I corrected myself in post # 3690.
G
I apologize for misreading your post.
Have a good day and hopefully HWICQ gets moving north.
G
Is that what you did, sell at the bid?
First of all in case you didn't understand my post to Gary, I've done this RIP thing several times and HWICQ moved up so we get a laugh out of it.
I have no intention of selling as I've been in this since its original action started back in the triple 4s where you could buy 1/million for $400.00.
I have well over that and my average is much lower than the Bid. So I could, as you say, sell at the bid and do pretty well if anyone wanted to buy which at the present time is unlikely. However I'm not selling.
So, keep the Faith and have a good day.
G
Hey Gary.
Just got back from a golf holiday and I see not much trading so far in May.
I think it's time for my HEX: RIP, HWICQ
This sometimes kicks it in the ass to get a move on....LOL
G
Would be nice to see some trades @ .008 to open the door for .01s +.
I was hoping to see early trades at .008 but it didn't happen.
We'll have to see what happens later on in the day.
Hopefully someone takes the .008s out and then: "Only the Shadow Knows". LOL
I'm aging myself as I used to listen to that on the radio.....
G
I don't post a lot but I've already posted on BB's board this morning.
Post# 3913022.
G
HWICQ closed up hard yesterday up 60% @ .008.
If we cross .01 today it'll be hard to stop her, IMO.
Something must be up.........
G
Good morning.
Let's see what's in store for HWICQ today.
Hopefully we see .01 or better.
G