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They also mention their leases in Woodson county. This could be the leases that they said they were working on in previous pr's. They were talking about a big deal coming and this could be it.
Yes but I said the whole DOW was slow. That everything was slow. Implying no reason to get upset.
I must say reading today's board I had to laugh at the posters jumping out of their skins over the no buys. Would make a good course study for students. On how people can be led to do anything through doubt, a little misrepresentation of fact. really funny. Go back an read yourselves.
I was looking at the DOW and there has only been 84 mil trades in all the dow. It looks like trading is down period. Looks to me like no one is buying or selling anything.
Just pulling your leg Who.
Looks like Moody has a paid pr man to me.
What did you mess up lately? for that provoking thought
I would like to ask a question. Since the 10 to 1 RS is supose to take place would it be cheaper to add at this level and take the RS. That you would make out better doing so. I wonder what the pp will be after the RS. It looks like this company may be an exception when it comes to a RS. What do you all think.
I hope your right and they get just a small portion of the rain coming from the gulf. Your always green in East Texas. I'm jellous.
I believe we will be getting a lot of rain from the storms in the gulf. They are moving up through texas, ok, and into kansas. There does seem to be a line of storms building that will feed this for the next couple of months. As it looks to me. We may very well have a mild winter. But I have never paid so much attention to the weather of Kansas as I have since owning this stock. It has made a difference in performance and the weather can do that for sure. We have been green all summer here in central Texas the first that I can remember since moving to Texas in 59. But maybe they won't have a harsh winter in Kansas where they will be able to pump and get a lot of work done. Some people always think everything gets done with the snap of a finger. Life is not all that easy when building a company. If it were we would all be on easy street.
This from another board. The discription at the bottom sounds like some here. now don't everyone get upset.
Posted by: risktaker2005
In reply to: None Date: 9/24/2007 8:08:57 PM
Post # of 67272
Taken from another board.
38 BROKERS IN THE US HAVE JUST BEEN ARRESTED FOR THEIR INVOLVEMENT IN NAKED SHORT SELLING
Go to David Morgan (at financialsense.com) who has just given a nice interview on the fraudulent, concerted shorting of resource stocks and how it is done…and how authorities in Canada and the US are finally cracking down with actual arrests. Investors have been complaining about this problem for years along with the management of several small pubcos. See the Bloomberg documentary on naked shorting. See YouTube – Naked Short Stock Sales- part 1, and there are many links.
THE SEC IS NOW CRACKING DOWN ON THIS ILLEGAL ACTIVITY AFTER YEARS OF COMPLAINTS. US INVESTORS CAN OFFICIALLY COMPLAIN AT:
www.SEC.GOV/complaint.shtml.
THEY ARE NOW COLLECTING INFORMATION ON THE CRIME OF THE DECADE AND IT IS A PRIORITY FOR THEM.
David Morgan explains the arrangement between brokerage and hedge funds and how they short the shares to their advantage and how they know ahead of time re the financing of junior gold stocks. One firm has already been fined in Canada but I suspect the Cdn. regulating authorities will have to take much stronger action as the heat and high visibility of this issue cause some real squirming. There will be questions asked as to why they overlooked t for so long.
One more notable point came out of the above interview that bears attention. Please refer to Stockhouse Canada , on a BB message site as per the following. Sound familiar?
1. Someone who hyper-posts on only one stock.
2. Someone who uses multiple identities.
3. Some who repeatedly attacks or belittles others on a stock's message boards.
4. Someone who emerges as the stock's moderator, or even the leader of the discussion group on that stock.
5. Someone, with a short history in their member profile, who suddenly shows up during a stock run-up, and appears to know "all about" the company.
6. Someone who is nearly always the first to respond to company developments.
7. Someone who continuously hints at upcoming news and unannounced contracts.
8. Someone who hypes the company during the run-up and then "changes" his/her mind and begins attacking the company, its insiders and the project.
9. Someone who goes out of their way to find bad news about the company and makes a "case" out of it.
This information has not been verified. EOM
I agree with Lowmans post also. Thank you for saying what needs to be said.
Thank you for the information, I know sometimes when I search I get things that don't make a lot of sense. But then I'm not that knowledgeable in all the tricks of searching. Hope we have a good week.
GLTA
Could you not go to your local libary and get an outdated newspaper or at the Newspaper itself. don't they all have them avaliable for people doing research.
I would suspect they did not like people getting large share counts at such a low rate. That is usually reserved for insiders. JIMHO
Thank you I will watch and after the split I will proably buy more while it is still low. I agree the two pr's are very promising and if business continues in this manner it can do nothing but increase value. I'm hoping there is sunshine down the road. I am getting their pr's by email and they are done very professional. So lets hope we have a company that is one of the few that will go forward with what they say.
Well I had 550 shares of this from another company which went bankrupt but sold their shell to this company. I purchased 5,000 shares two days ago. I now have 550 shares back where I was. But I don't think the rs is going to help then. I bet it stays at the same price. .02
I had another stock that did a 2,000 for 1 split and I have 5 shares and it is still at .02 after 8 months.
But on this one I will just watch for now.
Happy I think the Lord has a place for him.
This is taken from Israel My Glory January/February 2007
In biblical times, the word Canaanite referred to a person who was profane, unclean, ungodly, or referring to merchants, dishonest. In Hosea 12:7, the word Canaanite was used of an Israelite who cheated in business. Canaanite practices were so wicked that God decreed the Canaanites' annihilation in order to rid the land of contamination. This type of person will forever be banished from the Kingdom.
When I read this I thought of Frank Moody selling his sole.
I don't believe I was that far off when I suggested that they would create a number of company's from these different tools.
"Our strategy to maximize LTC revenues by forming five wholly-owned LTC medical procedure-specific subsidiaries, which we announced in May, is proving opportune and timely. In essence, we were certain that by creating five separate subsidiaries, we will maximize LTC's ability to enter into more lucrative and focused marketing agreements, partnerships, joint ventures, or other types of arrangements.
The targeted surgical specialty and the related newly-established subsidiaries are:
Gynecology and General Surgery (GSG Medical Group)
Orthopedics and Arthroscopy (Orthopedic Tissue Sciences)
Colon Rectal Surgeries (Colorectal Connection Management)
Pulmonary/Lung (Pulmonary Sealing Sciences)
Urology (Urological Tissue Welding)"
Lowman I agree with you here about Tex. He is on other boards I visit and he is the same on all of them. I guess I should surmise that when he appears on a board the mm's are shorting the stock or NSS the stock.
Lowman when I was in 1st grade (many years ago) I still remember to this day they had signs all over the room about a foot down from the ceiling and they said T H I N K . i DON'T BELIEVE THAT THE SCHOOLS HAVE TAUGHT CHILDREN FOR THE LAST 50 YEARS TO T H I N K.
I do believe it shows up on this board because a lot of posters don't read and comprehend the PR's You have to read the pr's slowly and digest every word. Speed reading doesn't work. IMHO
No one has mentioned the setup they are going to do in Kansas. Looking for Office and equipment space there to set up their equipment for storage. Seems like they are going to be doing a lot of work up there shortly. Good news to me.
It will take a month or more to get it changed in the account. Do you think they wil deliete our shares? Going to NV that seems to be a place for crooks. So Moody should fit right in.
WatchIt Technologies Inc · DEFM14C · On 9/12/07
Filed On 9/12/07 12:43pm ET · SEC File 0-21956 · Accession Number 1108890-7-234
in this filing.an "object" Search. Show docs searched and the 1st "hit".every "hit".
Help... Wildcards: ? (any letter), * (many). Logic: for Docs: & (and), | (or); for Text: | (anywhere), "(&)" (near).
As Of Filer Filing As/For/On Docs:Pgs Issuer Agent
9/12/07 WatchIt Technologies Inc DEFM14C 9/12/07 1:7 Wadolny Jeffrey D/FA
--------------------------------------------------------------------------------
Definitive Proxy Information Statement -- Merger or Acquisition · Schedule 14C
Filing Table of Contents
Document/Exhibit Description Pages Size
1: DEFM14C Period Ended 08-22-07 7 21K
DEFM14C 1st Page of 7 TOC Top Previous Next Bottom Just 1st
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 14C INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14 (c)
OF THE SECURITIES EXCHANGE ACT OF 1934
Filed by the Registrant |X|
Filed by a Party other than the Registrant |_|
Check the appropriate box:
| | Preliminary Proxy Statement
|_| Confidential, for Use of the Commission Only (as permitted by Rule
14a-6(e)(2))
|X| Definitive Proxy Statement
|_| Definitive Additional Materials
|_| Soliciting Material Pursuant to Section 240.14a-11 (c) or Section
240.14a-12
WATCHIT TECHOLOGIES, INC.
----------------------------------------------------
(Exact Name of Registrant as Specified in its Charter)
Payment of Filing Fee (Check the appropriate box):
|X| No fee required.
|_| Fee computed per Exchange Act Rules 14a-6 (i) (1) and 0-11. |_| Fee paid
previously with preliminary materials.
|_| 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.
DEFM14C 2nd Page of 7 TOC 1st Previous Next Bottom Just 2nd
WatchIt Technologies, Inc.
1 Town Square Blvd., Ste. 347
Asheville, NC 28803
August 22, 2007
Notice of Action by Written Consent
To the Stockholders of WatchIt Technologies, Inc.:
Pursuant to Texas Business Corporation Law, Texas Statutes Chapter
6.202, notice is hereby given that by written consent delivered to WatchIt
Technologies, Inc. (the "Company") on August 22, 2007, by the holders of a
majority of the outstanding common stock of the Company, the following actions
were adopted, authorized and approved:
The Board of Directors of the Company determined it to be in the best
interests of the Company and its shareholders to complete a merger with their
wholly owned subsidiary, WatchIt Technologies, Inc., a Nevada corporation (the
"Merger"). A copy of the Plan of Merger is attached hereto as Exhibit A. A copy
of the Board of Directors Written Consent is attached hereto as Exhibit B.
By Order of the Board of Directors
/s/ Frank A. Moody, II
-----------------------------------
Frank A. Moody, II, President
DEFM14C 3rd Page of 7 TOC 1st Previous Next Bottom Just 3rd
WatchIt Technologies, Inc.
Information Statement Pursuant to Section 14C of the
Securities Exchange Act of 1934
INTRODUCTION
This Information Statement is being mailed on or about August 22, 2007,
to affect all holders of record at the close of business on August 22, 2007, of
the voting stock of WatchIt Technologies, Inc., a Texas corporation (the
"Company"), in connection with the written consent of the holders of greater
than 50% of the Company's voting stock providing for the authorization to
complete a Merger with their wholly owned subsidiary, WatchIt Technologies,
Inc., a Nevada corporation.
Following the merger, shareholders will receive a letter of transmittal
requesting them to surrender old stock certificates for new certificates
reflecting the change. Persons who hold their shares in brokerage accounts or in
street name will not be required to take any further action to effect the
exchange of certificates. Shareholders should not destroy any stock certificates
and should not submit any certificates until they have received a letter of
transmittal. The transfer agent for the Company's common stock is Bay City
Transfer, 300 Center Ave., Ste.202B, Bay City, MI 48708.
WE ARE NOT ASKING YOU FOR A PROXY AND YOU ARE REQUESTED
NOT TO SEND US A PROXY.
SECURITY OWNERSHIP OF CERTAIN PERSONS IN MATTERS TO BE ACTED UPON
At the close of business on August 21, 2007, the Company had
approximately 168,422,789 shares outstanding of common stock. There are no other
voting securities of the Company that are presently issued.
The following table sets forth information with respect to all
Directors and Executive Officers of the Company, individually and as a group.
Name and Address Amount and Nature
of Beneficial Owner of Ownership Voting Rights
------------------- ------------ -------------
Frank A. Moody, II 54,669,000 32.46%
1 Town Square Blvd., Ste.347
Asheville, NC 28803
Don Wood 5,125,000 3.04%
11306 Chandon Park Way
Windemere, FL 34786
Dan Willis 325,000 .19%
Box 203
Ross, TX 76684
Douglas Smith 200,000 .12%
448 Elkins Lake
Huntsville, TX 77340
Gary Musselman 5,000,000 2.97%
3335 Chilham Place
Charlotte, NC 28226
All Directors and Executive
Officers as a Group 65,319,000 38.78%
DEFM14C 4th Page of 7 TOC 1st Previous Next Bottom Just 4th
VOTE REQUIRED FOR APPROVAL
Chapter 6.202 of the Texas Statutes provides that any action required
to be taken at a special or annual meeting of the stockholders of a Texas
corporation may be taken by written consent, in lieu of a meeting, if the
consent is signed by stockholders owning at least that number of shares which is
sufficient to take the action. The Company's stockholders owning a majority of
the outstanding common stock have approved the action, which majority is the
number of shares required by Texas Statutes 6.202 and 6.203.
ADDITIONAL INFORMATION
Additional information concerning the Company, including its annual and
quarterly reports for the past twelve months which have been filed with the
Securities and Exchange Commission, may be accessed through the Securities and
Exchange Commission's EDGAR archives at www.sec.gov. Upon written request of any
stockholder to the Company's President, Frank A. Moody, II, 1 Town Square Blvd.,
Ste.347, Asheville, NC 28803, a copy of the Company's Annual Report on Form
10-KSB for the year ended December 31, 2006, will be provided without charge.
Dated: August 22, 2007
By Order of the Board of Directors
/s/ Frank A. Moody, II
-----------------------------------
Frank A. Moody, II, President
DEFM14C 5th Page of 7 TOC 1st Previous Next Bottom Just 5th
Exhibit A
PLAN OF MERGER
--------------
The following plan of merger is submitted in accordance with the laws
of the States of Texas and Nevada on this 21st day of August, 2007.
1. The name of the subsidiary corporation surviving the merger is
WatchIt Technologies, Inc., a Nevada corporation, Document number E0357762007-1
(the "Surviving Corporation").
2. The name of the parent corporation merging into the Surviving
Corporation is WatchIt Technologies, Inc., a Texas corporation, Corporation File
# 25279000, (the "Merging Corporation").
3. The Merging Corporation is a corporation organized and validly
existing under the laws of the State of Texas, with a capitalization of
300,000,000 shares of common stock, par value $0.0001 per share ("Merging Common
Stock"), and 30,000,000 shares of preferred stock, par value $0.0001.
168,422,789 shares of Merging Common Stock are issued and outstanding. No
options, warrants or other rights to acquire shares currently are outstanding.
4. The Surviving Corporation is a corporation organized and validly
existing under the laws of the State of Nevada, with a capitalization of
300,000,000 authorized shares of common stock, par value of $.0001 per share
("Surviving Common Stock"), and 30,000,000 authorized shares of preferred stock,
par value $.0001 per share ("Surviving Preferred Stock"). One Hundred (100)
shares of Surviving Common Stock are issued and outstanding, all of which are
held by the Merging Corporation, and no options, warrants or other rights to
acquire shares are outstanding.
Terms of Plan
-------------
1. Merger. The Merging Corporation shall merge with and into the
Surviving Corporation, with the Surviving Corporation being the corporation
surviving the merger.
2. Terms and Conditions. On the Effective Date of the merger (as
defined herein), the separate existence of the Merging Corporation shall cease,
and the Surviving Corporation shall succeed to all of the rights, privileges,
immunities, franchises, and property, real, personal and mixed, of the Merging
Corporation without the necessity for any separate transfer. The Surviving
Corporation shall thereafter be responsible and liable for all liabilities and
obligations of the Merging, and neither the rights of creditors nor any liens on
the property of the Merging Corporation shall be impaired by the merger.
3. Business Purpose. In the judgment of the Boards of Directors of each
of the Merging Corporation and the Surviving Corporation, it is desirable for
the corporations to undergo the reorganization set forth herein in order to
reincorporate the Merging Corporation as a Nevada corporation to avail the
corporation of the favorable corporate laws of Nevada and to reduce taxes.
4. Pro Rata Issuance of Shares. On the Effective Date, by virtue of the
Merger, each holder of shares in the Merging Corporation will receive a pro rata
issuance of shares in the Surviving Corporation. In particular, the following
will occur:
(a) Each share of Merging Common Stock issued and outstanding
immediately prior to the Effective Date, by virtue of the merger and without
further action on the part of the holder thereof, automatically shall be
converted into and represent the right to receive one share of Surviving Common
Stock. All shares of the Surviving Common Stock issued by the Surviving
Corporation in conversion of the Merging Common Stock will be fully paid and
nonassessable upon issuance.
DEFM14C 6th Page of 7 TOC 1st Previous Next Bottom Just 6th
(b) Each share of Surviving Corporation Common Stock issued and
outstanding immediately prior to the merger and held by the Merging Corporation,
by virtue of the merger and without further action on the part of the holder
thereof, shall be automatically canceled immediately following the effective
time of the Merger.
5. Articles of Incorporation. The articles of incorporation of the
Surviving Corporation shall continue to be its articles of incorporation
following the Effective Date, until amended pursuant to the provisions of Nevada
law.
6. Bylaws. The bylaws of the Surviving Corporation shall continue to be
its bylaws following the Effective Date, until amended pursuant to the
provisions of Nevada law.
7. Officers and Directors. The directors and officers of the Merging
Corporation on the Effective Date shall continue as the directors and officers
of the Surviving Corporation for the full unexpired terms of their offices and
until their successors have been elected or appointed and qualified.
8. Approval of Agreement. This Agreement of Merger shall be approved by
the holders of a majority of the issued and outstanding shares of the Surviving
Corporation and the Merging Corporation.
9. Effective Date of Merger. The effective date ("Effective Date") of
this merger shall be the date of filing of Articles of Merger with the Secretary
of State of Nevada.
10. Dissenters' Rights. There are no dissenters' rights available to
the shareholders of either the Merging Corporation or the Surviving Corporation
under Texas or Nevada law.
11. Amendment/Abandonment of Plan. The Boards of Directors of the
Merging Corporation and the Surviving Corporation may amend or abandon this Plan
of Merger at any time prior to the Effective Date.
IN WITNESS WHEREOF, each of the Merging Corporation and the Surviving
Corporation has adopted this of Merger as of the day and year first above
written, to become effective as provided for herein.
"MERGING CORPORATION" "SURVIVING CORPORATION"
WATCHIT TECHNOLOGIES, INC., WATCHIT TECHNOLOGIES, INC.
a Texas corporation a Nevada corporation
By: /s/ By: /s/
------------------------------------ -----------------------------------
Frank A. Moody, II, Frank A. Moody, II,
President President
DEFM14C Last Page of 7 TOC 1st Previous Next Bottom Just 7th
Exhibit B
WATCHIT TECHNOLOGIES, INC.
BOARD OF DIRECTORS
UNANIMOUS WRITTEN CONSENT
(Reincorporation in Nevada)
The undersigned, being all of the members of the Board of Directors of WatchIt
Technologies, Inc., a Texas corporation (the "Corporation"), hereby consent to
the following actions by written consent in lieu of a meeting:
RESOLVED, that this corporation formed and owns 100% of the outstanding
shares of each class of the stock of WatchIt Technologies, Inc., a
corporation incorporated on May 21, 2007, pursuant to the laws of the
State of Nevada ("Subsidiary"); and it is
FURTHER RESOLVED, that, subject to the approval of shareholders of the
Corporation, the Corporation shall merge itself into the Subsidiary,
which Subsidiary shall be the corporation surviving the merger and
shall assume all of the rights and obligations of the Corporation; and
it is
FURTHER RESOLVED, that the merger shall be effective on the date of
filing a Certificate of Ownership and Merger with the Secretary of
State of Texas; and it is
FURTHER RESOLVED, that the terms and conditions of the merger are
contained in the Plan of Merger attached hereto as Exhibit "A"; and it
is
FURTHER RESOLVED, that the proposed merger shall be submitted to the
stock holders of the Corporation, and upon receiving the affirmative
vote of the holders of at least a majority of the outstanding stock
entitled to vote thereof, the merger shall be approved; and it is
FURTHER RESOLVED, that the proper officer of the Corporation be, and he
hereby is, directed to make and execute a Certificate of Ownership and
Merger setting forth a copy of the resolutions to merge the Corporation
into the Subsidiary, and the date of adoption thereof, and to cause the
same to be filed with the Secretary of State and to do all acts and
things whatsoever, whether within or without the State of Delaware,
which may be in anywise necessary or proper to effect said merger
FURTHER RESOLVED that, this Consent may be signed by the directors of
the Corporation and copies thereof delivered by way of facsimile
transmission, and such facsimile copies shall be deemed original copies
for all purposes if original copies of the parties' signatures are not
delivered.
Execution of this Consent by the undersigned, being all of the members
of the Board of Directors of the Corporation, waives any requirement of a formal
meeting to conduct the business referred to herein.
IN WITNESS WHEREOF, the undersigned Directors have signed this Consent
this 21st day of August, 2007.
DIRECTORS:
----------------------------- -----------------------------
Frank A. Moody, II Dan Willis
----------------------------- -----------------------------
Don Wood Douglas Smith
-----------------------------
Gary Musselman
--------------------------------------------------------------------------------
Dates Referenced Herein and Documents Incorporated By Reference
Referenced-On Page
This DEFM14C Filing Date First Last Other Filings
12/31/06 4 10QSB, NT 10-Q, NTN 10Q
5/21/07 7 10QSB
8/21/07 3
8/22/07 2 4 PREM14C, S-8
Filed On / Filed As Of / Effective As Of 9/12/07
Top List All Filings
--------------------------------------------------------------------------------
Alternative Formats: Rich Text / Word (.rtf), Text (.txt), EDGAR (.sgml), XML (.xml), et al.
--------------------------------------------------------------------------------
Copyright © 2007 Fran Finnegan & Company All Rights Reserved.
www.secinfo.com - Thu, 13 Sep 2007 16:25:13.1 GMT - Help at SEC Info
I just received a call from a (I believe a broker, or someone from the company) Said he had my name from the listing of stockholders of the company. I owned a stock that went belly up and the stockholders were rolled into this stock. So I have been holding it because there was nothing else to do with it. He told me that this companhy has received financing, that they are going to purchase more company's and a lot of news is going to be comming out shortly. I told him that I guess I would purchase some more stock after his conversation. I'm with USAA and told him I did my own investing online. We had a nice conversation so maybe something will be happening to help our investment. good luck to all.
Maybe we should quite writing the SEC and write the Justic Dept. Maybe if they got enough letters they would take a look at the SEC and the Brokerage houses.
When it comes to certs, When you have them does that not take that amount out of circulation and there is no record of them except with the company or ir firm. The brokers do not have a record of this therefore they are not counted in the count. So the MM"s can continue to NSS and those certs are out of cite out of mind.
I still think it is due to the run up almost 8 months ago and the MM's were told to buy at the market and they got (shall I say angry) and have it in for HEMI ever since. Because anything from that time on they have held down the company. I feel some really high up's feathers were ruffled and it's been get even time ever since. This company should be way over 3.00 dollars by now. With the amount of nss I believe what has kept the price down. I just wonder what will be the straw that will break their backs. And I will be sinnful with GLEE at thet monent. will have to ask forgiveness after that though.
Hemi Energy Announces Gas Field Drilling Developments in Woodson County, Kansas
Wednesday September 5, 9:52 am ET
FORT WORTH, Texas--(BUSINESS WIRE)--Hemi Energy Group, Inc. (Pink Sheets:HMGP - News) has spudded a new well now to start development of a valuable gas field which already had a total of five exploratory gas wells in existence but never produced. The June 12, 2007 press release about this field states that "when expertly produced will be our most valuable leases with reserves of all our Kansas lease holdings." The four wells drilled in the 1950s and 1960s had the same geological make up and same pay horizons and are within a 1/2 mile radius as the well that was completed in 2003 on which we have extensive records. Therefore, based upon the information from these wells completed in 1950s and 1960s and the well completed in 2003, it is management's opinion each of these wells have the capability of producing as much as a total of 14 million feet per day, (also know as "MCFD") from five pay zones cumulatively. It is only realistic to produce the most valuable pay zones, which range from 1.05, 2.78, 3.4 to 4.2 "MCFD" per pay zones per well. These lease holdings are approximately five miles north of our core leases in Woodson County which contain our mature reworked producing oil wells. Hemi has the detailed drillers' records on these five wells so that it is able to make very accurate production evaluations. We will be able to produce a prolific volume of gas from this field as it is developed and the reserves are proved up. Hemi expects many years of prolific gas production from this field in Kansas based on our expertise. We expect oil production from the pay zones on these leases to financially expedite the development of the gas wells.
Hemi is drilling an offset well to an old oil well on these leases that had good production from the Fort Scott limestone formation on the same block of leases as the above paragraph. We also have the records of this oil well drilled in 1981 and we believe we will have good production from this well and have several producible pay zones, some of which will be held behind pipe. This new well is being drilled to produce oil and also to gain very detailed updated new knowledge to facilitate the production of the gas wells on these leases.
Management is very much aware that it is behind schedule in producing the last two new wells and is diligently striving to correct the mechanical problems and the attendant delays in the completion process. We strongly believe we will finally be able to bring you completion information and production results about these wells next week.
Hemi Energy Group is an independent crude oil and natural gas producer employing a unique business model capitalizing on technological advances to exploit mature fields with millions of barrels of proven oil remaining in the ground. Using attractive lease/royalty packages, Hemi has secured, in its history, tens of thousands of acres of productive domestic projects. The company's forward-thinking strategy has placed it in an enviable position at a time when prices and global demand for oil continue to rise.
Building on decades of experience in enhanced oil recovery, Hemi has successfully amassed a substantial and attractive portfolio of these high-quality domestic properties. By streamlining operations through cutting-edge technologies, Hemi has the ability to operate more effectively and efficiently than larger oil companies.
For additional information, please go to http://hemienergy.com or http://www.stockinformationsystems.com/c/HMGP/index.html.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Contact:
Hemi Energy Group, Inc.
John Kelly, 817-566-0351
--------------------------------------------------------------------------------
Source: Hemi Energy Group, Inc.
Lowman was not the request from the MM's for 25,000,000 shares at .50 cents. Months back when all this started. At the .50 cent that would have given $12,500,000 to HEMI if they did that. And he told them to go to the open market and buy the shares. Do you think this is still connected and they just tried to fiqure out another way throuh another door got get HEMI? Because when this started this group was newly formed was it not.
Upon information and belief, Moody, without authorization, diverted funds, income and
opportunities from Homeland and to himself and/or other entities in which Moody owned a
substantial interest
Could this mean that he divereted sales of the CT to a similiar copany who's product was not quite up to CT standards. in company's he had an interest in. Is there anyway we can search to find out what he really owns? I wonder if some of Minds finds were Moody's misdirecting of sales.
I don't believe in giving up if your right. Too many people take the side of least resistence. Moody should go to jail. We are right. giving in is like saying Frank Moody is right. Just like that teacher who was accused of sexual acts with students. They tried to get her to plea and she said she could not do that because she did not do anything. Put up her house twice for 100,000 to fight the case, her husband wanted her to take the plea and she said she just could not do it. The police already knew one student had recounted when they were trying to get her to plea. They all were lying and came out in court. But she could have gone away for 25 years. She did the right thing but I'm sure you would have said for her to plea. you have a problem in life if you always take the least resistence.
I have copied your post in word so that I can reread it many times to remind me why I have invested and why I continue to hold. Plus I love my hat.
It looks like he is trying to shaft all the HISC holders of the stock. But Fred only did what he had pr'ed over the months. That we were to get a dividen because he withdrew the filling for upgrading. It seems he should be hyeld accountable for his pr's and everything he sai8d about the dividen. Could not the shareholders sue him for fraud. Because that is what he has tried and is trying to do to HISC shareholders. I was in that armor vest co. and they brought a suit against the ceo who raped the company and they just got a settlement out of him. I sent in my papers the other day. Seems like Moody has done a lot more than that guy.
Does that mean he can desolve our stock to nothing. If thats the case these CEO could do this all day long. Am I thinking right.
Lowman that 19th floor of that brokerage in the world trade towers was that nite or someone else with a similar name.
Maybe its Goldman Sac's since their hedge fund is down 3 billion, 40% Smart guy's
The hedge funds are in trouble. and proably contributed to this as well.
I was not talking about each tool. Just like this IPO they chose certain tool that complamented each other as a group. I'm not familiar with the rest of the 49 but I'm sure there are groups that do complament each other. Jagman sometimes you pick on things trying to make people look stupid. I don't think it was a stupid question.
Lowman it looks like DR chose certain tools, that can only be used once and need new ones for every operation. Manfacturing replacements. Then it has said there are 49 other types of tools that will be appropriated down the road. Do you think that he will open different comopany's for different set of tools that will go through for FDA approvel. Where there can be a number of different ipo's.