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In my opinion, the OS will be growing week by week.
Very interesting, something is brewing here.
I'm not sure if anybody brought this up before, but I was checking out the NC SOS filings for Pharmanetics and nContact.
Larry Robins is listed as the Assistant Secretary for nContact surgical, he's also listed as the Registered Agent for Pharmanetics.
He's also listed as the Registered Agent for a newly formed company called NEXTRAY, INC. If you do a google search for NEXTRAY NC, there's a bunch of articles about the company, here's an example.
http://www.chapelhillnews.com/opinion/guest_columns/story/12209.html
That's how these funds raise capital and maintain the divy. This spiked to almost 16 in May 07 and 11 months later its under 9. The is a fairly small fund, under 175m. The mgmt fees are 2.65%, which is kinda high compared to other funds (.07%-2%). Here's the profile if you want to check it out.
http://www.etfconnect.com/select/fundpages/other.asp?MFID=3698
what have you heard?
It's RUNNNNNNIN!!!!!!!!!!
damn...how much money have you lost here? You're taking this pretty seriously. 20-30k?
I do, 1,234,567,890 shares HAHA
I've sent an email too.
Has anyone emailed the TA?
utter nonsense like a phony merger notice
I think its very fishy and very ironic that a few days after the dissolution/delisting, a notice like that shows up. Nothing personal, but when one of the biggest pumpers of the stock receives a notice, and nobody else does, it just seems very strange.
I've been a shareholder, I'm holding free shares right now. Comparing Siemens to RCC/IWS really doesn't work and I think the only reason you seem to keep brining is because Siemens is trading $100+. Wasterwater/water technology is only a small part of what Siemens does. They are an electronics and electrical engineering company.
RCCH to Da MOOON...On the launch pad...train is leaving the station....Get shares while you can before its too late....Request your certs so we can battle the evil naked shorters...Change your broker, they're killing this stock. HAHA
wouldn't you like to know hahah. RCCH to dollarland....
Boots and Coots: Going to blazes
Monday April 14, 6:20 am ET
Jennifer Allen
In a slow burn for the past few years, Boots and Coots International Well Control Inc. (AMEX:WEL - News) is ready for rapid oxidation. Give it air: the oilfield services company is set for a big 2008, looking to fire up profits in a volatile industry.
Boots and Coots traces its history to Red Adair, legendary oil well firefighter who tamed flames in Kuwait in 1991 at age 75. Before that, he was the inspiration for John Wayne in the 1968 movie “Hellfighters.” From the Red Adair Company came his posse leaders Boots Hansen and Coots Matthews, who formed Boots and Coots in 1978.
With a reputation as a premier critical emergency responder, the company answered its loudest alarm in early 2003, when speculators bet Iraq would ignite its oil wells in response to the U.S. invasion. Boots & Coots handled some blowouts in the southern Iraqi oilfields, and shares spiked to $8 from less than $2 — ever so briefly — and fell back to flounce around near $2 ever since.
As the Iraq bell clanked, Boots and Coots listened. The company no longer handles only 911 calls, but is now the global number to dial for full-service help. It has built a well-intervention business to smooth the jagged revenues from its critical response operations. It provides pressure control and other services to onshore and offshore oil and gas companies in North America, South America, North Africa, West Africa and the Middle East.
By the end of 2007, the Houston, Texas-based company’s well-intervention revenues were $92 million, and emergency response revenues $13.3 million, bringing the total to $105.3 million. What a reversal from 2005, when revenues for response were $15.7 million and intervention $13.9 million, for a total of $29.5 million. Revenues were $97 million in 2006.
“We were anticipating a dramatic rise in both the top line and bottom line for 2007 driven by higher activity/utilization and improved pricing, but WEL far surpassed our expectations,” Neal Dingmann, an analyst at Dahlman Rose and Co., wrote in mid-March.
“Management’s focus on growing the well-intervention segment has paid off,” he said, adding that Boots and Coots’ strong brand name should lend itself to its expanding services, such as the Safeguard business, which is its fastest growing business. The overall response business also should continue to boost the bottom line. Dingmann carries a “buy” rating with a target of $2.50 per share.
Safeguard provides maintenance, risk assessment, training and engineering services; in 2005, Safeguard services were introduced in India and last year the program entered Libya, Dubai and the Caspian Sea, and expanded in Algeria.
Like cowboys around a campfire, Boots and Coots is just warming up. For 2008, analysts expect earnings per share at $0.23, doubling the $0.11 of a year ago. Revenues are forecast at $147 million, up 40%. The company is getting its giddy-up going early: it sees first-quarter earnings at $0.06 to $0.07, compared with $0.01 in the same quarter last year. First-quarter results are expected May 5.
Shares closed Friday at $1.84 each, putting the company at a P/E ratio near 8, based on 2008 expectations. The stock has traded between $1.11 and $2.79 over the last 52 weeks.
Morgan Keegan analyst Michael Drickamer cited continued international expansion as a catalyst, including into North Africa, where a joint venture in Algeria may present opportunities in Libya. There also are well-intervention opportunities to enhance production, such as workover and snubbing operations in the Middle East.
Growth also will come as the rig-assist and rental-tool business expands into the Rockies and mid-continent, and redeployment of underutilized assets in the United States Gulf move into more profitable regions such as onshore U.S. areas and Algeria, according to Drickamer.
Drickamer carries an “outperform” rating on Boots and Coots, and also has a $2.50-per-share price target. He said that in “2007 growth initiatives positioned (the) company for significant 2008 expansion ... international exposure (is) a key benefit to investors.”
Big fire-putter-outer, but still a little guy in a very intense environment. Boots and Coots has market capitalization of just $139 million, far smaller than its many competitors, including the likes of $36-billion Halliburton Co. (NYSE:HAL - News). Although near record highs, oil prices can be capricious. Boots and Coots also is susceptible to other risks of the range: 37% of its business comes from just two customers and it gets 76% of its revenue from outside of the United States.
International business, expected to expand in 2008, exposes the company to such risks as foreign exchange, political and economic stability, trade restrictions that may be imposed by the United States, and more. Venezuela accounted for 19% of revenue in 2007 and Algeria 20%.
Aside from the risks, balance sheet numbers are moving in the right direction. Boots and Coots had $6.5 million cash on hand at the end of 2007, up from $5 million the prior year. Working capital was $34.7 million, up from $25.5 million. And debt to total capitalization was 26.7%, well in line with the industry.
Get a match. The kindling is dry.
I work for neither, I just asked a question.
Great information, thanks for taking the time to email the company. Taking that info consideration, I'd like to ask this question to the board. While EPA approval is great inside the US, does it really matter outside the US. It seems that there are plenty of companies installing systems outside the US. How can a small company like IWS compete with a company like GE or Siemens?
It's considered a SLAPP suit, many states have anti-SLAPP statutes that allows someone that has been targeted by a SLAPP to sue back.
And to be honest, it never looks good on the companies part to sue an investor or possible investor. From a financial standpoint, its not worth the time or money of the company to go after an individual because while it may be easy to prove an individual said something, its very hard to prove what damages were caused because of it. A company that is public has to understand that things are going to be said beyond their control, come on do you really believe 99% of what is said on any message board.
Sorry Just have to clear something up.
I suggest you review 47 U.S.C. sec. 230(c)(1) which states, "No provider or user of an interactive computer service shall be treated as the publisher or speaker of any information provided by another information content provider."
This provision has been uniformly interpreted by the Courts to provide complete protection against defamation or libel claims made against an ISP, message board or chat room where the statements are made by third parties.
Furthermore, under the aforementioned Code, I believe you will find that an ISP or message board host is NOT REQUIRED to remove objectionable messages in response to claims by others that the posts are defamatory or libelous.
no business=no debt, clean shell
Big deal...so he finally sold the shell. Most likely its some new company that has nothing to do with Accel. From what I heard it was a clean shell.
Why won't anyone post the notice to the board?
Thanks for another insult, I'll never take you off pm iggy because all I've ever received from you is vulgar garbage.
If you really have a merger notice, post it to the board so everyone can see it. Most likely you're making up things now because you've realized that you lost your entire investment.
If you really got the notification, scan it and provide a .pdf of it so the board could see it.
Nobody that held shares of AAPU is getting any shares in a new company. Its not going to happen.
You think OTC means "Off The Chart"?
It nice to see the spread getting tight, should move up nicely.
Chart is looking good, indicators turning up. Looking forward to the results from the consultants that were recently hired.
Wyo. Sees Increased Oil Production
Wednesday April 9, 6:42 pm ET
By Bob Moen, Associated Press Writer
Wyo. Sees Second Year of Increased Oil Production
CHEYENNE, Wyo. (AP) -- For the second straight year, Wyoming oil fields recorded increased production.
In 2007, oil production in the state hit 54.1 million barrels, an increase of 1.1 million barrels, or 2 percent, over 2006, Don Likwartz, supervisor of the state Oil and Gas Conservation Commission, said Wednesday.
"That's ... two years of increase we've had so far after 21 long years of no increases," Likwartz said.
Wyoming will retain its ranking as the seventh largest oil producing state in the nation, he said.
"We were just under 3 percent of the total production in the United States in '06, and I think we'll still at about that same level," he said,
Until 2006, oil production in Wyoming had been on a downward slide since 1985.
But new recovery techniques in older fields and oil recovered as a byproduct in natural gas fields have reversed the trend.
For instance, the 100-year-old Salt Creek field north of Casper had been considered all but tapped out until Anadarko Petroleum Corp. began pumping carbon dioxide into the ground to capture oil that couldn't be recovered by conventional drilling methods.
And drilling in the Jonah and Pinedale natural gas fields in southwest Wyoming has yielded oil on the side.
"The number one oil field is going to be the Jonah gas field," Likwartz said.
Salt Creek will rank second in production, followed by the Pinedale natural gas field.
Still, the majority of Wyoming's oil fields are seeing declining production because they are old and don't have CO2 injection, he said.
Thirteen of the state's top 25 producing oil fields are at least 75 years old and many are producing mostly water with a little oil, Likwartz said.
"So it's a large oil skimming operation off of large water production," he said.
However, high oil prices are spurring more interest in using CO2 in Wyoming, and Exxon plans to increase the amount of CO2 it can deliver to oil producers by 97 million cubic feet a day in 2010.
Likwartz said he expects increasing production from fields using CO2 recovery over the next several years.
"So it looks good from that standpoint for continued oil production increases," he said.
The only potential problem is pipeline capacity to move the additional production to market, he said.
Just as a lack of natural gas pipeline capacity has depressed Wyoming gas prices, the same lack of oil pipeline capacity is forcing down Wyoming oil prices, Likwartz said.
"For the month of March, Wyoming received $8.50 less than it should have for its oil," he said. "Almost all of the pipeline capacity is full."
Possible oil pipeline expansions outside Wyoming could free up some space for Wyoming oil in the coming years, he said.
MM are the biggest scam artists of them all, I wouldn't believe one word that comes out their mouths. Don't be naive enfough to believe what they tell you. They would love for you to believe that everything is done by the book.
Pinkylady=Wild West, this is about as unregulated as it gets. I think you're the one that's being fed misinformation.
sure it is, just like a company that has a 2.5b AS doesn't dilute. Come one, I wasn't born at night, but not last night.
Now I've said this a few times already but you seem to not understand. The pinksheets are not fully automated like larger exchanges. The numbers that a Transfer Agents gives when someone calls are can be anywhere from 3,5,7,10,15,21, or 30 days old. These agents can have anywhere from hundreds to thousands of stocks with only a handful of employees. Do you think that every night before they close shop that every share of stock for every company who use them is accounted for?
I have a feeling the OS is getting larger everyday, I mean if todays trading isn't evidence, then I don't know what is. Good news comes out, 1m-2mm+ get traded and its down 20%.
Just an example, say the company sold 500,000 shares today @.02, that's 10k in pure profit. They're taking advantage of the large AS.
A TA doesn't have to be gagged, a company could easily dilute with an open TA.
That's why the OS has increased 4x since Sept, and it continues to grow? With the volume this stock has seen in the last 2 months, why hasn't the price sustained those highs? Why is this trading at sub penny levels? These shares are coming from somewhere, but it can't be from the company...haha I'm my opinion
having an open TA has nothing to do with dilution. It has to do with how much of that AS finds it way into the OS. You know I could understand 500-750m AS, but 2.5b is quite excessive no matter if this is a holding company or not.
I never said fraud or scam, the point that I was trying to make is that with an AS that high, dilution is more then likely.