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.
Great Job DC DDF and Red Thanks
9 14 99 Thanks
Mcllroy, D. Johnson, Fowler, Ishikawa, Schwartzel 275
11 22 99 Thanks
16 17 22 Thanks
14 22 29 Thanks
Westwood Schwartzel Day McDowell Garcia 282
11 22 33 Thanks
5 24 88 Thanks
4 9 14 Thanks
17 29 88 Thanks
McIlroy Donald Kuchar Mahan Yang 282 Thanks
11 14 88 Thanks
5 16 17
4 17 29 Thanks
17 88 99 Thanks
22 88 99 Thanks
11 24 29 Thanks
14 22 88 Thanks
5 17 33 Thanks
Donald,Mickelson,Watney,Mahan,Rose 277
5 11 24 Thanks
14 17 24 Thanks
At 9:41 137000 shares @ 3.08 = $421,960
Was that you ?
Good Start......
22 88 99 Thanks
PRTDF seems to be coming out of hibernation.........
Petro Matad Ltd
Operational Update
RNS Number : 7722C
Petro Matad Limited
11 March 2011
Petro Matad Limited ("Petro Matad" or the "Company")
Operational Update
Petro Matad is pleased to provide an update on its current activities and outline details of its proposed work programme for the coming months.
Block XX - DT-4
In early December 2010 the Company suspended the drilling of its Davsan Tolgoi-4 well ("DT-4") in advance of the onset of the worst of the Mongolian winter conditions. The well was suspended at a depth of 1,271 metres and an orderly shutdown and hibernation was successfully carried out.
The Company and its drilling contractor, DQE International, are working towards the recommencement of the drilling of DT-4 in April. The well is being drilled vertically to an estimated target depth of 2,020 metres. The additional wells to be drilled in 2011 will be based on the results of the 3D seismic re-interpretation, as noted below.
In addition to the drilling of DT-4, the scheduled testing programme on the wells drilled during 2010 has been advanced. Arrangements for a workover rig, associated instrumentation and contractors are currently progressing with the testing programme estimated to start in May, once both day and night time temperatures are above freezing. The first hole scheduled to be tested is DT-1.
Block XX Seismic Contract
The Company has awarded geophysical services group BGP Inc. ("BGP") to undertake a 1,000 kilometre 2D seismic survey in Block XX. The survey will consist of in-fill coverage over existing leads and prospects in the northern portion of the Block, and broad based exploration lines over six grabens in the central and southern parts of the Block.
The oil encountered in the DT-1, DT-2, and DT-3 wells has extended known hydrocarbon occurrences a significant distance southward into Block XX. The current 2D seismic programme is designed to test new plays for hydrocarbon generation and migration in the central and southern sub-basins of the Block.
The Company has previously worked with BGP, most recently in 2008 when BGP undertook the 3D seismic survey over the Davsan Tolgoi project in Block XX. BGP is currently mobilising equipment and personnel, and in-field operations will commence in the next few days and are expected to take 6-8 weeks to complete. The contract allows for additional surveys if required.
Blocks IV and V - Stratigraphic Drilling and Exploration Progress
Petro Matad has commissioned TSX-listed, Major Drilling Group International Inc. to carry out stratigraphic drilling in Blocks IV and V in Central Mongolia. A minimum of 1,500m of continuous diamond drill core will be collected from the first hole, located along one of the 2D seismic profiles Petro Matad shot in 2010. The goals for the stratigraphic drilling are to provide factual constraints on what is observed in the seismic surveys, and to obtain direct measurements of the geothermal gradient. Drilling began on March 7, and is expected to take 6-8 weeks per hole. Stratigraphic drilling is an essential step in the Company's exploration of Blocks IV and V, as there has been no previous oil exploration in the region that could otherwise assist in the accomplishment of the abovementioned goals.
Interpretation of the results of the Company's 2010 geological and geophysical programme on Blocks IV and V has been advanced during the winter. The Company undertook extensive geological field work with its own in-house exploration team, which has been supplemented by previous and new academic studies, and consultant field expeditions. The 19,324 gravity survey points collected by previous government surveys were supplemented by 4,500 new points collected in 2010 by the Company. This has provided a uniform grid of gravity survey points over the two Blocks.
The first seismic surveys in the central Mongolian region were also carried out in 2010. 349 line kilometres of 2D seismic survey were undertaken, providing three seismic profiles in Block IV and four in Block V. Preliminary results of the processed and interpreted gravity and seismic data, along with the geological data, show clear evidence of the presence of the asymmetric Cretaceous basins which are the principal hydrocarbon targets in Central Asia.
The combined field, gravity, and seismic results corroborate the Company's initial hypothesis that both Blocks contain suitably thick sequences of source, reservoir, and seal rocks to have generated and trapped significant hydrocarbons. These data also delineate a wider suite of structural and stratigraphic play types than have been explored elsewhere in Mongolia.
Upon the completion of the Blocks IV and V data interpretation, a summary of pertinent results will be announced, and plans for the 2011 exploration programme on Blocks IV and V will be finalised.
Establishment of an in-house Drilling Department
The Company advises that it has established an in-house Drilling Department, to complement its Exploration Department. The Drilling Department is being headed by Mr Mark Zebrowitz BSc (Pet Eng) MBA. Mr Zebrowitz has 25 years' diverse international exploration, development, and project management experience, with a proven track record through cross-functional expertise in finance, safety, and drilling/facilities/production operations. Appropriately for the Company's mission of pro-actively assisting in the development of the Mongolian oil sector's national capabilities, Mr Zebrowitz has extensive experience in mentoring and development of technical personnel. Recent experience with Regal Petroleum, TNK-BP and Nations Energy (Azerbaijan) particularly equip him for drilling operations in Mongolia.
The Company has also appointed Mr Earl Edmonds BSc (Pet Geo) as Operations Geology Manager in the Drilling Department. Mr Edmonds has 20 years of experience in modelling, operations, development geology and oil & gas field management. Mr Edmonds has a broad-based background with particular expertise in field development, water flood management, drilling, work-over and completion programmes.
Davsan Tolgoi 3D Seismic Survey revision
Since the completion of drilling at DT-3, the third of three wells drilled on the Davsan Tolgoi anticline in 2010, Petro Matad has been remapping the 135km² 3D seismic survey, and adjacent 2D seismic surveys previously undertaken on and around Davsan Tolgoi.
Data from the three wells drilled during 2010 has been integrated with existing and additional new data to enable a complete review of the structural and stratigraphic composition of Davsan Tolgoi, along with volumes and risking factors of the prospect. Work is currently progressing on the re-interpretation and it is envisaged that the results will be a significant factor in the planning of the Company's 2011 drilling programme.
CEO Douglas McGay said "During the past three months the Company has made excellent progress in both its exploration activities as reported above, and also at a corporate level. The establishment of a Drilling Department is another step in the development of Petro Matad. We are particularly pleased with the management team of Messrs Zebrowitz and Edmonds who are heading this expansion. This department will supply management, design, procurement and supervision of our drilling operations. It is another first for the Mongolian oil sector, with a home-grown company leading the way by establishing international standard in-country expertise in oil exploration.
"It is noteworthy that we are advancing our field exploration activities further into both ends of the harsh Mongolian winter. In 2010 we drilled well after the onset of winter, and in 2011 we are commencing drilling and seismic surveys before winter ends. The Company is working towards an all-year round operation for the first time in Mongolian oil exploration history.
"Petro Matad's further growth of its in-house technical expertise, along with an increased corporate and administration capacity establishes a firm foundation for a very active and productive 2011 programme."
Technical information in this news release has been reviewed by the Company's Exploration Manager, Dr James Coogan. Dr Coogan is a petroleum geologist with 29 years of experience in North American and international exploration and development. He is a member of the American Association of Petroleum Geologists and the Geological Society of America.
About Petro Matad Limited
Petro Matad is the parent company of a group focussed on oil exploration, as well as future development and production in Mongolia. The Group holds the sole operatorship of three Production Sharing Contracts with the Government of Mongolia. The principal asset is the PSC for Block XX, a petroleum block of 10,340km² in the far eastern part of the country. The two other Blocks, IV and V are located in central Mongolia and jointly cover 71,040km².
Petro Matad Limited is incorporated in the Isle of Man under company number 1483V. Its registered office is at Victory House, Prospect Hill, Douglas, Isle of Man, IM1 1EQ.
Further information:
Petro Matad Limited
Douglas J. McGay - CEO
+976 11 331099
Westhouse Securities Limited
Richard Baty/Petre Norton
+44 (0)20 7601 6100
Not sure what was revised,but I like the share info........
- Information Statements (revised) (PRER14C)
Date : 03/07/2011 @ 6:06AM
Source : Edgar (US Regulatory)
Stock : Fbc Hldg (FBCD)
Quote : 0.03 0.0 (0.00%) @ 8:02AM
- Information Statements (revised) (PRER14C)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
100 F Street, N.E.
WASHINGTON, DC 20549
SCHEDULE 14C/A-3
(RULE 14c-101)
SCHEDULE 14C INFORMATION
INFORMATION STATEMENT PURSUANT TO SECTION 14 (C)
OF THE SECURITIES EXCHANGE ACT OF 1934
Check the appropriate box:
x Preliminary Information Statement
o Confidential, for Use of the Commission Only (as permitted by Rule 14c-5 (d)(2))
o Definitive Information Statement
FBC HOLDING INC.
(Name of Registrant As Specified In Charter)
______________________________
Payment of Filing Fee (Check the appropriate box):
x No fee required.
o Fee computed on table below per Exchange Act Rules 14c-5(g) and 0-11.
1) Title of each class of securities to which transaction applies:
2) Aggregate number of securities to which transaction applies:
3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the filing fee is calculated and state how it was determined):
4) Proposed maximum aggregate value of transaction:
5) Total fee paid:
o Fee paid previously with preliminary materials.
o Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.
1) Amount Previously Paid:
2) Form, Schedule or Registration Statement No:
3) Filing Party:
4) Date Filed:
FBC HOLDING INC.
66 Piscataqua Road
Dover, NH 03820
To the Shareholders:
The purpose of this Information Statement is to inform the holders of record, as of the close of business on October 26, 2010 (the “Record Date”), of shares of the common stock with voting power of FBC Holding Inc., a Nevada corporation (the “Company”), that our Board of Directors and shareholders holding approximately 54.6% of our voting power as of the Record Date have giving written consent as of October 26, 2010, to approve the following:
To amend the Company’s Articles of Incorporation to change our name from “FBC Holding Inc.” to “Super Rad Industries Inc.”
These actions were approved on October 26, 2010, by our Board of Directors and three shareholders who hold a majority of issued and outstanding voting securities. We anticipate an effective date of November 22, 2010, or as soon thereafter as practicable in accordance applicable law, including the Nevada Revised Statutes (“NRS”).
WE ARE NOT ASKING YOU FOR A PROXY, AND YOU ARE REQUESTED NOT TO SEND US A PROXY.
No action is required by you. The accompanying information statement is furnished only to inform our shareholders of the actions described above before they take place in accordance with the NRS and Rule 14c of the Securities Exchange Act of 1934, as amended. This Information Statement is first mailed to you on or about October 12, 2010.
Please feel free to call us at (603) 540-0828 should you have any questions on the enclosed Information Statement.
Date: October 26, 2010 For the Board of Directors of
FBC Holding Inc.
By: /s/ Christopher LeClerc
Christopher LeClerc
Chief Executive Officer and Director
--------------------------------------------------------------------------------
THIS INFORMATION STATEMENT IS BEING PROVIDED TO
YOU BY THE BOARD OF DIRECTORS OF THE COMPANY
WE ARE NOT ASKING YOU FOR A PROXY AND YOU ARE
REQUESTED NOT TO SEND US A PROXY
FBC Holding Inc.
66 Piscataqua Road
Dover, NH 03820
INFORMATION STATEMENT
October 26, 2010
Amended December 16, 2010
GENERAL INFORMATION
This Information Statement has been filed with the Securities and Exchange Commission and is being furnished, pursuant to Section 14C of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), to the holders (the “Stockholders”) of the common stock, par value $0.001 per share (the “Common Stock”), of FBC Holding Inc., a Nevada Corporation (the “Company”), to notify such Stockholders that on or about October 26, 2010, the Company received written consents in lieu of a meeting of Stockholders from three holders of shares of common stock representing approximately 54.6% of the our total 72,410,262 issued and outstanding shares of voting stock of the Company (the “Majority Stockholders”) to change our name from “FBC Holding Inc.” to “Super Rad Industries Inc.” (the “Name Change”). Accordingly, your consent is not required and is not being solicited in connection with the approval.
On October 26, 2010, the Board approved the above actions, subject to approval by the Stockholders.
We are not aware of any substantial interest, direct or indirect, by security holders or otherwise, that is in opposition to matters of action taken. In addition, pursuant to the laws of Nevada, the actions taken by majority written consent in lieu of a special shareholder meeting do not create appraisal or dissenters’ rights.
Our board of directors determined to pursue shareholder action by majority written consent presented by our outstanding shares of stock entitled to vote in an effort to reduce the costs and management time required to hold a special meeting of shareholders and to implement the above action to our shareholders in a timely manner.
The above actions will become effective 20 days following the filing of the Definitive Information Statement, or as soon thereafter as is practicable.
WE ARE NOT ASKING YOU FOR A PROXY
AND YOU ARE REQUESTED NOT TO SEND A PROXY.
--------------------------------------------------------------------------------
OUTSTANDING VOTING SECURITIES OF THE COMPANY
As of the date of the consent by the Majority Stockholders, on October 26, 2010, the Company had 74,410,262 shares of Common Stock issued and outstanding. Each share of outstanding Common Stock is entitled to one vote on matters submitted for Stockholder approval.
On October 26, 2010, the holders of 39,505,000 shares of common stock (or approximately 54.6% of the Company’s total voting stock then outstanding) executed and delivered to the Company a written consent approving the actions. As the actions were approved by the Majority Stockholders, no proxies are being solicited with this Information Statement.
The NRS provides in substance that unless the Company’s Articles provides otherwise, Stockholders may take action without a meeting of stockholders and without prior notice if a consent or consents in writing, setting forth the action so taken, is signed by the Stockholders having not less than the minimum number of votes that would be necessary to take such action at a meeting at which all shares entitled to vote thereon were present.
INFORMATION ON CONSENTING STOCKHOLDERS
Pursuant to the Company’s Bylaws and the NRS, a vote by the holders of at least a majority of the voting shares is required to effect the action described herein. As of the Record Date, the Company had 74,410,262 common shares issued and outstanding and entitled to vote, which for voting purposes are entitled to one vote per share. The consenting Majority Stockholders are the record and beneficial owners of a total of 39,505,000 shares of the Company’s common stock, which represents approximately 54.6% of the total number of voting shares. The consenting Majority Stockholders voted in favor of the actions described herein in a written consent, dated October 26, 2010. No consideration was paid for the consent. The consenting stockholders’ name, affiliation with the Company and beneficial holdings are as follows:
Title of Class Name and Address of Beneficial Owner Amount and Nature of beneficial ownership Percentage of Class (1) Percentage of Voting Power (1)
Common Stock Christopher LeClerc (2)
66 Piscataqua Road
Dover, NH 03820 24,005,000 33.2% 33.2%
Common Stock Super Rad Corporation (3)
269 S. Beverly Drive
Beverly Hills, CA 90212 12,500,000 17.3% 17.3%
Common Stock Obsidian Financial Consultants, Inc. (4)
201 South Biscayne Blvd.
28 th Floor
Miami, FL 33131 3,000,000 4.1% 4.1%
1. Percentage of class and voting power is based on 74,410,262 shares of common stock issued and outstanding as of October 26, 2010. Beneficial ownership is determined in accordance with Rule 13d-3 under the Exchange Act. The persons and entities named in the table have sole voting and sole investment power with respect to the shares set forth opposite that person’s name, subject to community property laws, where applicable.
2. Christopher LeClerc is our President, Treasurer, Chief Executive Officer, Chief Financial Officer and a Director.
--------------------------------------------------------------------------------
3. Simone Richlin has voting and investment control over shares owned by Super Rad Corporation.
4. Joe Farrar has voting and investment control over shares owned by Obsidian Financial Consultants, Inc.
ACTION: AMENDMENT OF OUR ARTICLES OF INCORPORATION
On October 26, 2010, our Board of Directors approved, subject to receiving the approval of a majority of our outstanding capital stock, an amendment of our Articles of Incorporation (the “Amended Articles”), to change our name from FBC Holding Inc. to Super Rad Industries Inc. (the “Name Change”). The Majority Stockholders approved the Amended Articles pursuant to a written consent dated as of October 26, 2010. The Amended Articles effecting the Name Change will become effective following filing with the Secretary of State of the State of Nevada, which will occur promptly following the 20th day after the filing of the Definitive Information Statement.
Reasons for the Name Change
Our Board believes it is in our best interests and the best interests of our stockholders to change our name to Super Rad Industries following the Company’s purchase of the rights, titled and interests to the assets of Super Rad Corporation (as previously disclosed on a Form 8-K filed with the S.E.C. on August 16, 2010). The Board believes that the Name Change will further the Company’s new business plan and ensure shareholder recognition of the Company. The Company’s business plan includes the licensing, distribution and sales of collectibles, toys, figures, and housewares. Product Licences include or have included Japanese Gosho Doll, Dr. Seuss, Love Is…., Tootsie Roll Industries, and Yo! MTV Raps brands. In addition to seeking growth by expanding operations of the Company through its licensing and distribution actiivities, the Company continues to seek merger and acquisition partners and targets to expand its size and capabilities in related industries.
Effect of the Name Change on Certificates Evidencing Shares of FBC Holding Inc.
The change in the name of FBC Holding Inc. to Super Rad Industries Inc. will be reflected in its stock records by book-entry in FBC Holding Inc.’ books. For those shareholders that hold physical certificates, please do not destroy or send us your common stock certificates. Those certificates will remain valid for the number of shares shown thereon, and should be carefully preserved by you. There will be no other effect on your rights or interest in shares of the Company that you hold. There is no material US Federal Income Tax Consequences to either the Company or its shareholders from the Amendment.
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The following information table sets forth certain information regarding the Common Stock owned on October 26, 2010 by (i) each person who is known by the Company to own beneficially more than 5% of its outstanding Common Stock, (ii) each director and officer, and (iii) all officers and directors as a group:
--------------------------------------------------------------------------------
Names and Address (1)
Number of Shares Owned
Percentage (2)
Christopher LeClerc (3)
66 Piscataqua Road
Dover, NH 03820 24,005,000 33.2%
Brian Lehmann (4)
66 Piscataqua Road
Dover, NH 03820 0 0%
All Directors And Officers As A Group
24,005,000 33.2%
Super Rad Corporation
269 S. Beverly Drive
Beverly Hills, CA 90212 12,500,000 17.3%
1. The person named in this table has sole voting and investment power with respect to all shares of common stock reflected as beneficially owned.
2. Based on 74,410,262 shares of common stock outstanding as of October 26, 2010.
3. Christopher LeClerc is our President, Treasurer, Chief Executive Officer, Chief Financial Officer and a Director
4. Brian Lehmann is our Secretary.
ADDITIONAL INFORMATION
The Company is subject to the informational requirements of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and in accordance therewith files reports, proxy statements and other information including annual and quarterly reports on Form 10-K and 10-Q (the “1934 Act Filings”) with the Securities and Exchange Commission (the “Commission”). Reports and other information filed by the Company can be inspected and copied at the public reference facilities maintained at the Commission at 100 F Street, N.E., Washington, DC 20549. Copies of such material can be obtained upon written request addressed to the Commission, Public Reference Section, 100 F Street, N.E., Washington, D.C. 20549, at prescribed rates. The Commission maintains a web site on the Internet (http://www.sec.gov) that contains reports, proxy and information statements and other information regarding issuers that file electronically with the Commission through the Electronic Data Gathering, Analysis and Retrieval System (“EDGAR”).
NO DISSENTER’S RIGHTS
The Stockholders have no right under the Nevada Revised Statutes, the Articles consistent with above or by-laws to dissent from any of the provisions adopted in the Amendments.
--------------------------------------------------------------------------------
EFFECTIVE DATE
Pursuant to Rule 14c-2 under the Exchange Act, the above actions shall not be effective until a date at least twenty (20) days after the date on which the Definitive Information Statement has been mailed to the Stockholders. The Company anticipates that the actions contemplated hereby will be effected on or about the close of business on November 22, 2010.
MISCELLANEOUS MATTERS
The entire cost of furnishing this Information Statement will be borne by the Company. The Company will request brokerage houses, nominees, custodians, fiduciaries and other like parties to forward this Information Statement to the beneficial owners of the Common Stock held of record by them and will reimburse such persons for their reasonable charges and expenses in connection therewith. The Board of Directors has fixed the close of business on October 26, 2010, as the record date (the “Record Date”) for the determination of Stockholders who are entitled to receive this Information Statement.
You are being provided with this Information Statement pursuant to Section 14C of the Exchange Act and Regulation 14C and Schedule 14C thereunder, and, in accordance therewith, the above actions will not become effective until at least 20 calendar days after the filing of the Definitive Information Statement.
This Information Statement is being mailed on or about October 12, 2010 to all Stockholders of record as of the Record Date.
CONCLUSION
As a matter of regulatory compliance, we are sending you this Information Statement which describes the purpose and effect of the above actions. Your consent to the above action is not required and is not being solicited in connection with this action. This Information Statement is intended to provide our stockholders information required by the rules and regulations of the Securities Exchange Act of 1934.
WE ARE NOT ASKING YOU FOR A PROXY AND YOU ARE REQUESTED NOT TO SEND US A PROXY. THE ATTACHED MATERIAL IS FOR INFORMATIONAL PURPOSES ONLY.
Date: October 26, 2010
Amended: March 4, 2011 For the Board of Directors of
FBC Holding Inc.
By: /s/ Christopher LeClerc
Christopher LeClerc
Chief Executive Officer and Director
24 29 99 Thanks
5 20 22 Thanks
Just want to Thank You again for doing this. Being a lurker I enjoy the lively conversations. The one about driver points was interesting. Looking forward to the interpretations of the not so obvious situations that will come up with rule #3 LAST "Driver" that causes a caution{every race} - 10 points
Like Phil said "have fun"...
Earnhardt Booed After Victory
Dale Earnhardt
By Joe Macenka
Associated Press
Saturday, August 28, 1999; 11:17 p.m. EDT
BRISTOL, Tenn. – Under normal circumstances, a victory by Dale Earnhardt is cause for a big celebration on the Winston Cup circuit. Not Saturday night at Bristol Motor Speedway.
Earnhardt spun out leader Terry Labonte on the final lap, then went on to take the checkered flag in the Goody's 500 as a record crowd of about 140,000 cascaded him with boos.
It was the 73rd career triumph for Earnhardt and it gave him his first multiple-victory season since 1996. But this one came at a price for the seven-time Winston Cup champion, a man whose souvenirs remain the hottest seller on stock car racing's premier circuit.
This time, the fans voiced a loud and clear opinion: The Intimidator went too far.
In Victory Lane, Earnhardt tried to explain his move, which came on the 36-degree banking of the second turn of the .533-mile oval. Earnhardt tapped Labonte from behind, sending him into a spin that eventually sent his car slamming into the backstretch wall.
Earnhardt slipped past, took the checkered flag, drove to Victory Lane and tried to explain himself as the fans almost drowned out his words with their derisive cheers.
"I didn't mean to turn him around,'' Earnhardt said, "but I wanted to rattle his cage.''
Interesting point......
Junior penalized for winning Daytona 500 pole
By Jay Hart, Yahoo! Sports
Feb 17, 10:04 am EST
DAYTONA BEACH, Fla. – So here’s the situation: Dale Earnhardt Jr. wins the pole for the Daytona 500 but will start dead last because he’s had to go to a backup car after a crash in practice on Wednesday. Meanwhile – Martin Truex Jr., involved in that same crash with Earnhardt – could start as high as third in the 500.
If this doesn’t make sense, it’s because, well, it doesn’t. But such is life living within the NASCAR rulebook. Per Section 9-6-I: “Once qualifying has begun (whether completed or not) or the starting field has been determined, if a backup car is used, the car must start the Race at the rear of the field.”
It’s a good rule – on most race weekends. Just not this one.
To recognize why, it’s imperative to understand the qualifying process for the Daytona 500, which is as confusing as an Ozzy Osbourne soliloquy. Qualifying is held every year on the Sunday before the Daytona 500, but only for the front row. The rest of the field is set the following Thursday in the Gatorade Duels.
This year, Earnhardt and Jeff Gordon locked themselves in by finishing 1-2 in qualifying.
Fast-forward to Wednesday, when Earnhardt and Truex wrecked, forcing both to go to backup cars. Both will start at the rear of the field in their respective Gatorade Duels, as they should. But here’s where the breakdown begins: Because he hasn’t officially “qualified,” Truex’s starting spot in the Daytona 500 will be determined by where he finishes in his Duel. Regardless of where Junior finishes, he’ll start last.
In essence, Earnhardt is being penalized for winning the pole.
This is why Junior was nervous prior to Wednesday’s practice; he knew nothing good could come of it, only bad, and his worst fears were borne out. Now he has no recourse – not even the ability to race his way back up toward the front row. For him, Thursday’s Duel is nothing more than a practice session. Is this what fans are paying to see?
Had he not won the pole on Sunday, he’d be better off today.
Does that make sense?
14 22 24 Thanks
Sign me up Red I'll try it again. Thanks
Good Read and comments........
[TMR] The Chinese Yuan, Rare Earths And The Selection Of Critical Mining Projects
http://www.techmetalsresearch.com/2011/01/the-chinese-yuan-rare-earths-and-the-selection-of-critical-mining-projec/
Congrats Jcamp ! Thanks Buckey it was fun while it lasted.
SD Thanks
CLEV Thanks
11-29-99 Thanks Mods for a great year makes races alot more interesting.
DAL Thanks