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LOL, the so called truth without source
The Source
www.lombardiletter
www.polandsun
www.leedstimes.com
www.bizdailies.com
www.profitconfidential
cnafinance.com
You don't have to provide that many links since it came from cnafinance.com
I'm in ... play money 1000 share avg $4.75
Lets see this POS climb or Flush this POS in the shitter
Dryships 1y Target Est is $4,200.00?
When DRYS hit $4.20 this week; Mr. George Economou will issue a R/S 1 for 1000 to hit the 1 year target of $4,200.00
No, not shareholders
If so, how about shareholders going after the hijackers ... after the SEC and Canada is finish with them ...
Canada Oil and Gas listed MGLG as active company
Maybe its a mistake or maybe not, lol ...
http://canadaoildaily.com/active-companies
Has Mr. Shtaif appeal the court decision?
I read an articles in late 2013 which mention "Magellan Energy" tied to fracking in the UK ... Are we talking about the same company here?
http://www.dailymail.co.uk/news/article-2385748/Thirteen-Cabinet-ministers-face-caught-fracking-protests-Drilling-licences-granted-Osborne-Gove-Hagues-constituencies.html
would you rather have Shtaif or Shnaider owing this? the only updated news i have is on Jun. 12 2013.
mglg new CUSIP 559071204 if anyone is wondering ... I guess mglg is a real company after all ... i guess
News kinda ... http://finance.yahoo.com/news/notice-office-secretary-matter-securities-201800604.html
anyone know whats going to happen on November 12, 2013, at 10:00 a.m., with these 2 clowns IRWIN BOOCK and STANTON DEFREITAS.
I wonder if FORBES Billionaires #557 Alexander Shnaider still have him the owner of MGLG ... lol ...
http://www.forbes.com/lists/2007/10/07billionaires_Alexander-Shnaider_NIU6.html
My mglg shares is collecting dust here ...
i stand correct ... nothing special ... lol ... if i type in other pk stock it say the same thing ... Damn yahoo!!!! POS!!
type in yahoo andi.pk
type in andi.pk on yahoo and yahoo say "ANDI.PK is no longer valid. It has changed to ANDI."
andi.pk is now off the pinks? sorry if this news is late ... I just notice it today on yahoo
lets go NXOI!!! eom
anyone know the launch date? they said mid sept, correct?
Does this chick still work at NXOI?
Shes a hottie
I had a buy order at .357 and only got 1700 shares out of 8000 shares buy order ... WTF?
Yeah this is getting bull$hit ... Once canada get through to these guys then come the SEC ... its gonna be a long time ... but its okay I'll be here to sue them after
Ontario Securities - June 6, 2011
TORONTO – The Commission issued an Order in the above named matter which provides that the hearing on the merits is to commence on February 1, 2012 at 10:00 a.m. at the offices of the Commission, 20 Queen Street West, 17th floor, Toronto and shall continue on February 2, 3, 6, 7, 8, 9, 10, 13, 15, 16, 17, 21, 22, and 23, 2012, or such further or other dates as may be agreed upon by the parties and fixed by the Office of the Secretary; and the parties attend before the Commission on October 5, 2011 at 10:00 a.m. for a status hearing at the offices of the Commission, 20 Queen Street West, 17th floor, Toronto.
A copy of the Order dated May 27, 2011 is available at www.osc.gov.on.ca
http://www.osc.gov.on.ca/en/Proceedings_enr_20110606_boocki.htm
See you FEB 1, 2012 .... WTF!!!!!!!!!!!!!!!!!!!!
The SEC is waiting for the OSC to be completed before they start their own process ... From what I hear ...
before yahoo has mglg as dne and now it pops up ... think positive, LMAO!!!
LMAO!!! I have a hunch that mglg is still alive and well if that helps ... atleast its still listed in the gray market like some other company in this whole mess ...
Is this company alive or what? if its dead then file for bankruptcy already ... I know the company is in the SEC Boock case for about a year now and yet this company is in the gray market ... afew months ago the yahoo mglg company profile updated the company phone number and when i called all I got was a lady voice mail identifing "This is Magellan Energy" then a week later the voice mail was gone ...
WTF?
Intellect Neurosciences yahoo board is now open for business ...
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_I/forumview?bn=122701
Alzheimer’s disease estimated = $160 billion per year = $$$$$$ = buyout
its 800M
right now you can't do anything until the Canadian sec and US sec go through its legal process and I'm sorry to say it could take months or years ...
Yeah, what is the lawyer info?
lie ... MGLG answering machine was working 2-3 months ago and now its not working ... MGLG is a POS
When will this POS company get off the Grey Market and remove the Caveat Emptor on its ticker ...
I can remember clearly how they issue a shareholder statement about that ....
TORONTO, Jun 15, 2009 (MARKETWIRE via COMTEX) --
MGLG | Quote | Chart | News | PowerRating -- Magellan Energy Ltd. (PINKSHEETS: MGLG | Quote | Chart | News | PowerRating) has issued this Letter to
Shareholders in order to address these questions and to review the
success of the Company's expansion efforts through the second quarter
of 2009.
From: Apolinar Carcasona, CEO, Magellan Energy Ltd.
To Our Shareholders:
In response to a number of questions posed by shareholders in recent
weeks, I would like to take this opportunity to unequivocally state
Magellan's position on a number of issues.
Our Martin and Anderson leases are once again producing gas and have
brought Magellan to "revenue producing status." All of our wells
have now been connected to the compressor and gas is flowing. Lines
from other producers in the area are slowly being introduced and as
soon as volumes have stabilized, Citizens Gas will be providing us
with average volume numbers. As soon as these numbers are received,
we will update shareholders. Also, to clear up further confusion and
to lessen inquires internally and externally, while Magellan is not
an operator itself on these properties, it is a member in good
standing of TOGA (Tennessee Oil and Gas Association). Our business
partner, TMD Energy, is the operator on our projects.
Magellan's business plan has always been to seek out, procure and
refurbish past-producing, low volume wells that once again are
economically viable due to the high price of oil. Developing shallow
gas and/or oil projects in Tennessee that possess the low risk,
blanket characteristics of the area, make it possible to drill and
produce a well nearly every time. The continued acquisition of
low-volume producing wells such as these will add to the cumulative
oil and gas production numbers that will ultimately create higher
revenue numbers for the Company.
There have been many inquiries about why Magellan increased its
outstanding shares over the past year. For approximately seven
months, up until the end of May of this year, gas production on the
Morgan County wells had been virtually at a standstill because of the
high BTU/shut-in situation. As a result, revenues were at a
standstill, but expenses were not. Unfortunately, our share price
also suffered considerably due to this forced inactivity and overall
poor economic conditions. Our day-to-day operations and acquisition
strategies still required funding; therefore, our outstanding share
count rose as we obtained the additional funding necessary to execute
our business strategy.
Due to the increasing price of oil worldwide, Magellan is focusing
on projects that contain both oil and gas as they will provide more
upside to the Company while maintaining the low risk it is pledged to
in the area. The Company is currently performing due diligence on a
lease located on the Chattanooga Shale, near our existing oil and gas
producing acreage in Eastern Tennessee.
Many shareholders have been concerned about the "caveat emptor" tag
for "questionable promotion" that has appeared on a popular website
that supplies information on Pink Sheet listed companies. Magellan
wants to make it absolutely clear that the Company did not engage in
these activities. The Company was in a position where there had been
no news for six months due to the high BTU/shut-in situation in
Morgan County. When Magellan was able to release news that the
situation had been resolved, it resulted in renewed interest in the
Company and tremendous volumes and high percentage gains in the stock
price were realized. There are many stock awareness newsletters
that indulge in the practice of "tagging" or including mention of
public companies that have realized these high volumes/percentage
gains to stimulate the reading of their products. Such was the case
with Magellan. When this was brought to the attention of the
above-mentioned website, they chose to ignore these facts and
demanded that the Company pay an exorbitant fee to have the "caveat
emptor" removed. Magellan did not feel this was appropriate and
refused to pay.
Magellan is in the process of updating its website to reflect these
recent activities and to provide as much information to its
shareholders as possible.
In short, the Company is very pleased with
its successes to date and is extremely optimistic about its prospects
going forward. Magellan has grown from a fledgling company to an oil
and gas producing company that will emerge as strong and profitable.
We are making every effort to build upon the momentum of this second
quarter and continue to aggressively implement our growth strategy
through the rest of 2009 and beyond.
Apolinar V. Carcasona
President, CEO
About Magellan Energy: Magellan Energy is a publicly traded
independent oil and gas company (PINKSHEETS: MGLG). The company is
actively acquiring oil and gas leases, producing properties, mineral
rights, and surface interests in Tennessee and Oklahoma. Once
acquired, the company intends to develop each property to maximize
the income from each property by re-establishing production,
refurbishing and improving the existing production and operations.
Forward-Looking Statements: The statements which are not historical
facts contained in this release are forward-looking statements that
involve risks and uncertainties, including but not limited to, the
effect of economic conditions, the impact of competition, the results
of financing efforts, changes in consumers' preferences and trends.
The words "estimate," "possible," and "seeking" and similar
expressions identify forward-looking statements, which speak only to
the date the statement was made. The Company undertakes no obligation
to publicly update or revise any forward-looking statements, because
of new information, future events, or otherwise. Future events and
actual results may differ materially from those set forth herein,
contemplated by, or underlying the forward-looking statements.
Contact:
MAGELLAN ENERGY LTD.
Member of the Tennessee Oil and Gas Association
Website: http://www.magellan-energy.com
Humm that is, so when is the court hearing on this?
Relax man, I'm just posting whats new out there; why are you mad? This company hasn't been active for about a year with no news so I just posted this little new info that I could find (little info is better then no info). I tried calling the number supplied but I got an answering machine stating this number is Magellan Energy.
If your saying this company is dead then show some proof that it is dead?
The link to mglg company website is still not renewed and your claim that the webpage completely different company web page is a total lie ... mglg domain name is currently being park by Directi which own 13,712 domains names.
then write to yahoo http://finance.yahoo.com/q/pr?s=MGLG.PK+Profile
Phone does work and they updated their Business Summary but not sure about the website, LOL
Magellan Energy, Ltd.
1370 Hurontario Street
Mississauga, ON L5G 3H4
Canada - Map
Phone: 416-827-1673
Fax: 905-891-6800
Website: http://www.magellan-energy.com
Business Summary
Magellan Energy, Ltd. focuses on the development, acquisition, stimulation, and rehabilitation of small to medium-sized oil and gas properties. The company was founded by Michael Shtaif in 2005. Magellan Energy is based in Mississauga, Canada.
Full Time Employees: 377
Not sure what this means? mglg has 377 employees?
Warning: Oil supplies are running out fast
Catastrophic shortfalls threaten economic recovery, says world's top energy economist
By Steve Connor, Science Editor
Monday, 3 August 2009
The world is heading for a catastrophic energy crunch that could cripple a global economic recovery because most of the major oil fields in the world have passed their peak production, a leading energy economist has warned.
Higher oil prices brought on by a rapid increase in demand and a stagnation, or even decline, in supply could blow any recovery off course, said Dr Fatih Birol, the chief economist at the respected International Energy Agency (IEA) in Paris, which is charged with the task of assessing future energy supplies by OECD countries.
http://www.independent.co.uk/news/science/warning-oil-supplies-are-running-out-fast-1766585.html
Iran 4th Top Exporting Oil Countries ... With the current situation in Iran you would think Oil should be going up on Monday =)
Same story; profit taking AM and retest high in PM