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rally, you can cut your normal trading day underwear losses if you switch to brown.
GLTA (us oldtimes need it)
that would be me
although i did get back in for the ride in an attempt to recoup pbls losses from three years ago
bigfoot, i don't think the newbies on this board realize the importance of using the word 'SOON'; that was too funny
GLTA
viki
i know you are not supposed to talk about the mods; but Congrats to caprock.
i hope you and fmi can live in peace.
go teco & pbls
glta investors
viki
i would have to see proof that Princess did a deal w/ teco; just becasue a PR was released doesn't mean it is fact.
did you ever read the KOMEX PR?
imo, i don't think that teco can get funding for any of its so called purchases.
teco down 10.87% today; oil down to $84
alex
can you run thru the scenario again for me?
what, in your opinion from the previous min mar stocks, will this stock see in price increase?
how soon will price increase? right after may 5 or several months down the line?
tia viki
frankly, you posted <The share structure has never changed for Treaty.>
from april 7th pr;
Mr. Reid added, "The real value of this acquisition, which was closed using non-convertible preferred stock."
can you or anyone explain this statement?
where did the non-convertible preferred stock come from?
i can't find it in any teco documents
once upon a time, there was the infamous KOMEX PR. people just ate it up while Ron Blackburn, a majority holder in teco, continued to play his devious games with investors money.
i still haven't seen any revenue for teco for this year; i doubt there is any teco revenue.
in pinky land, it is obvious that PRs don't have to be true; just released.
triple zeroes SOON imo
Post Unavailable
Additional Information
i emailed jim cramer as you suggested re teco; thanks for the tip.
Crude Oil
$81.33 -1.91 - 2.29%
9:07 AM EDT - 2010.04.19
Natural Gas
$4.05 +0.01 + 0.32%
9:26 AM EDT - 2010.04.19
Liquidity and Capital Resources
Our financial statements have been prepared on a going concern basis that contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business.
Currently, we are not able to maintain our existing operations through the existing cash balances and internally generated cash flows from sales of oil production. Moreover, we have determined that our existing capital structure is not adequate to fund our planned growth. We intend to finance our drilling, workover and acquisition program by issuing additional common stock and through loans from our shareholders. There can be no assurance that we will be successful in procuring the financing we are seeking. Future cash flows are subject to a number of variables, including the level of production, natural gas prices and successful drilling efforts. There can be no assurance that operations and other capital resources will provide cash in sufficient amounts to maintain planned or future levels of capital expenditures.
Plan of Operation
Over the next twelve months we intend to develop the following initiatives:
Acquire Financing for our Kansas Project
We hope to acquire financing to effectively transfer title on the 54 leases in eastern Kansas. We expect that the 100% working interest there will provide the company with approximately $150,000 per month in cash flows before debt service at a 150 barrel per day production level at $75 per barrel.
Kansas Production Enhancement
Along with the capital to acquire the Kansas leases, we hope to raise an additional $1 million to increase the production levels there. Many of the leases have never been water-flooded and we expect that properly doing so could increase production by 100% even before we begin drilling.
We currently do not have adequate cash to undertake these plans.
Acquiring Additional Oil and Gas Properties
We are currently evaluating the acquisition of several oil and gas properties in Kansas, Tennessee and Oklahoma. We hope to acquire one or more of these properties before the end of 2010.
Financing
We hope to finance our production enhancement, drilling and acquisition programs by issuing additional common stock and taking shareholder loans.
There is no guarantee that we can raise the required capital to acquire the Kansas leases, make additional acquisitions, undertake the production enhancement program, or drill any new wells or that undertaking such endeavors will make us profitable or self-sustaining.
Eddie
i searched and cannot find anything regarding 'non-convertible preferred stock'
where did they pull this one from?
it will be interesting if anyone answers your question.
and yet teco pps goes down to .012
looks like the stock volume today is the same as teco revenue, Zero
welcome to ihub and the pbls board; always nice to get brand new people posting.
we all welcome the FBI here because the SEC never was.
pbls CEO, CFO, & COO all deserve long prison sentences. maybe they will get caught in tax fraud.
sell volume is 2:1 over buy volume; appears that people are already taking their profits.
you may have a point, but it appears to me that this has dried up after one day. already down 16% today and volume is not high.
imo, this will be back to .0001 SOON
should be able to pick up millions for .0001 SOON
Post Unavailable
Additional Information
it is amazing that the YAHOO! finance PBLS board doesn't have a post the entire month of March
http://messages.finance.yahoo.com/mb/PBLS.PK
i agree, it has stalled;
i predict .0001 by end of day
pbls will not fall into this category
to ANYONE BUYING today, you don't have to buy at .0002; there are millions of shares for sale out there at .0001
after reading all the postings, i think you should mortgage the house and go all in; i don't think you can lose. why waste such a perfect opportunity?
it can only go up; but pbls in is bankruptcy court.
way to go Newbe
what caused you to invest? any particular DD?
No News is on the way
also, there is no proven revenue
frankly, did you ever get the email from Xylan?
you didn't post it so i am assumuming that it is detrimental to teco.
no PR, no revenue; same old story.
teco at .015; pps says it all
your post looks like it will provide another 20% drop in the pps today.
big X
couldn't agree with you more;
TECO's business good and or bad will be coming out in the courts for all of us to see.
can't say that i am surprised at all; those were certainly my suspicions all along.
Ron Blackburn does not change his spots.
thank you for an excellent post; treaty is history!
Erik
that isn't what Smith is saying; teco is still staying under 2
does teco have any revenue?
teco stock should keep rising
you are close to the Garden of the Gods; what a fabulous place
where the market was last year, i wish i would have had the investment money earlier; those two stocks weren't much of a brainer.
get much snow this morning?
Erik
i don't have any teco; just LINE & ENP in energy stocks; they are paying very good dividends.
9.9% & 10.6 respectively. will teco change policy someday and pay divis?
viki
can anyone explain to me why:
no trades today
no posts on ihub
nothing from the company
???
tia
by the way, oil @ $79.82
cap, i don't have a clue; and there is nowhere that i have been able to find the answer.
my guess would be zero; that is the only production i could determine.
actually, we have had a very mild winter here in Kansas; wells have been pumping all winter near me.
could be the float; used to be 40m
now it is 188m on yahoo finance, and 425.9m on ihub; one or both of those are incorrect.