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they saying that because shares offering its a usual thing in Stock market
everything looks scam right?
you need to learn more stay here might learn something
love this junk stock pwn again
playing both side
yes i'm shorting again
same story same game haha
huge support at 0.0011 and it's heading
hope you do well
just be careful smart one should save money
Disagree and Newbe Should Read 8-K from Last Years.
Be smart dont be fool by sweet talker ha
Private Investor got sweet deals with 500,000 .
Nice Anti-dilution protection and big stake in ILNS..
Read a 8-K...
We don't even have any information regrading who's private Investor are..But who knows if get lucky maybe big boys might step in to penny land.
Looking for a new CEO ?
that was 02/10/2010 years ago.
Dr Chain Greedy baster didn't step down.
HaHa how about this part?
As of December 31, 2010, we had cash and cash equivalents of $308,049. We anticipate that our existing capital resources will not enable us to continue operations beyond mid-March 2011, or earlier if unforeseen events or circumstances arise that negatively affect our liquidity. If we fail to raise additional capital or obtain substantial cash inflows from potential partners prior to mid-March 2011, we will be forced to cease operations. We are in discussions with several investors concerning our financing options. We cannot assure you that these discussions will result in available financing in a timely manner, on favorable terms or at all.
This Management mess up BIG TIME. getting punish by street.
anti-dilution protection
"The Preferred Stock will be convertible into common stock of the Company at an initial conversion price of $.0025 per share, subject to customary anti-dilution protection in the case of stock dividends, stock splits, reverse splits, reorganizations and recapitalizations."
lol simple shell company scheme
what a joke these Ignorant Blind pumpers
screaming Pfizer,Elan.
Greedy pig ate too fast getting slaughtered by wonderful ILNS management.
Moving to pink sheets
bunch cheap shares hitting April.
and 1/50 reverse splits coming
No cash,money
continuously dumping.
look at the chart be careful save your money
Here is good news
Moving to pink sheets
bunch cheap shares hitting April.
and 1/50 reverse splits coming
CFO MAZA left ILNS 2/04/2011.
No cash,money
continuously dumping.
look at the chart be careful save your money
wow full of bunch pumpers
Sorry..I was busy...PEIX
Company resumes operations at southern Idaho ethanol plant shuttered for almost 1 year
By Associated Press
1:37 PM CST, January 8, 2010
BURLEY, Idaho (AP) — A southern Idaho ethanol plant has resumed production after being shuttered for nearly a year.
Pacific Ethanol Inc. announced Wednesday that its plant in Burley is up and running again. The plant ceased operations in February 2009 amid falling corn prices and sharp market declines.
In May 2009, a subsidiary of the Sacramento Calif.-based company called Pacific Ethanol Holding Co. that runs the plant in Burley filed for federal bankruptcy protection and is still working through that process.
Company officials say they intend to hire at least 35 employees for a plant designed to produce up to 60 million gallons of ethanol per year.
(This version CORRECTS that Pacific Ethanol Inc.'s subsidiary filed for federal bankruptcy protection.)
Pacific Ethanol is the largest West Coast-based marketer and producer of ethanol and was once a $50 stock.
This is a BIG comany
PEXI looks good..
Hey GM dave we are looking good.=)
Monster!
I've briefed Wall Street before. This time, however, the 57th floor conference room is packed. Some heavy hitters invited me to explain why natural gas is the upcoming energy play.
By the size of the crowd, it seems the word is getting around.
The last time interest was this high, natural gas contracts on the New York Mercantile Exchange (NYMEX) were racing past $14 and the dominant players were making a fortune. We're about to see them try it again..Exxon Mobil Corp.'s (NYSE: XOM) recent acquisition of shale gas producer XTO Energy Inc. (NYSE: XTO), for example, is only the first of several moves we're about to see as the sector shakes itself out again.
This time, however, average investors can move early and reap the benefits.
EDF TPLM Marry Christmas!
Someone selling for tax loss?? we will see...
I will be look into DBRM..Good luck
Very well inputs! Thanks and GL
Yes.. made killing yesterday..not going in today..
Good trading and Good luck
I'm already in SNG at 0.47 another long term holding...GL
Check SNG Too
Palo Alto spearheaded an overhaul of another small Calgary-based company, Canadian Superior Energy Inc. (TSX:SNG), whose main asset was a stake in a large offshore natural gas project in Trinidad and Tobago.
Palo Alto had voiced concerns about Canadian Superiors´ governance, as well as its handling of the Trinidad asset, which is believed to contain up to five trillion cubic feet of natural gas.
After a protracted battle, Canadian Superior inked a settlement with Palo Alto in August, agreeing on six nominees for the company´s board of directors.
But after Clay Riddell (4th richest person in Canada)investment
Palo Alto investment and Patterson...suddenly...become small potatoes
12/18/2009
SNG raises $50 million, adds oilpatch veteran to board
Reknown oilpatch veteran Clay Riddell is making a big investment in Canadian Superior Energy Inc. (TSX:SNG), a Calgary-based natural gas producer that has seen a great deal of upheaval in the past year.
"I´m excited about their project in Trinidad," said Riddell in an interview, referring to an offshore block believed to contain between three and five trillion cubic feet of natural gas.
When asked what about the offshore Trinidad natural gas field piqued his interest, Riddell said bluntly: "It´s big."
A long-time investor in Canadian Superior, Riddell had been following the evolution of exploration Block 5 (c), in which Canadian Superior used to have a controlling stake.
After a series of developments over the past year _ including a dispute with one joint venture partner and the takeover of another _Canadian Superior now has a 25 per cent interest in the field, which is believed to contain between three and five trillion cubic feet of natural gas.
Canadian Superior said Friday it plans to raise up to $50 million through a non-brokered private placement issue of up to 96.2 million common shares. The company said it will issue the stock at 52 cents each.
Shares in the company soared 15.7 per cent to 59 cents on the Toronto Stock Exchange on Friday.
The financing is slated to close Jan. 14, and the money raised will be used for exploration and development and for general corporate purposes.
Treherne Resources Ltd., a private company controlled by Riddell, has subscribed for $20 million of that private placement.
Riddell, or someone else from Treherne, was offered a spot on Canadian Superior´s board, which was overhauled at the behest of a major shareholder in September.
"I´ll have such a large interest in the company and I´d like to participate in how it goes forward," Riddell said.
The Riddell name is well known in Alberta´s oil and gas industry.
A geologist by trade, Riddell founded Paramount Resources Ltd. in 1974, which has since been spun off into different firms.
His daughter Sue Riddell Rose runs Paramount Energy Trust (TSX:PET.UN) and his son Jim Riddell is chief utive of Trilogy Energy Trust (TSX:TET.UN).
He is also the chairman and chief utive of another company he founded, Arctic natural gas explorer MGM Energy Corp. (TSX:MGX).
In February, a partner in the Trinidad block, U.K.-based BG Group, persuaded an Alberta judge to put Canadian Superior´s stake under the control of a receiver.
BG had feared final testing and completion of a well would not be completed, given the financial problems of Canadian Superior and a third partner in the project, Challenger Energy Corp.
A month later, Canadian Superior and Challenger both filed for protection from creditors under the Companies´ Creditors Arrangement Act.
In May, Canadian Superior sold its 45 per cent stake in the Trinidad field for US$142.5 million to BG Group.
And then in June, Canadian Superior agreed to merge with Challenger in a friendly deal worth $77.8 million.
Canadian Superior explores for and produces oil and natural gas and is developing a liquefied natural gas project.
In addition to its venture in Trinidad and Tobago, Canadian Superior is also active in Western Canada, North Africa, off Eastern Canada and the United States.
Read more: http://www.oilweek.com/news.asp?ID=25666#ixzz0aCZmzsQU
We got cheaper then Palo Alto Investors =)
GOOD LUCK
Oil (CL) going up.
Don't forget "Triangle has decided to pursue several opportunities in North American unconventional oil plays" too
Thx for PM Dave =)
Shale gas – a fossil fuel with a future
"Everybody knows that this is a game changer," says Aubrey McClendon, chief executive of the $16bn (£10bn) Chesapeake Energy Corporation, the largest independent producer of shale gas in the US
"It's where the biggest opportunities for the world's energy companies lie right now."
It may seem like an inappropriate mission, but Mr McClendon has flown to the international climate change talks in Copenhagen to argue for the commercial potential of a fossil fuel.
"We need people to stop associating natural gas with coal and oil," he urges evangelically, pointing out that the energy source is currently oversupplied, produces 50pc less carbon dioxide than coal and is quick to extract.
Striding into a city currently housing 15,000 green campaigners to champion a traditionally dirty fuel is not such publicity suicide as it first appears.
For Mr McClendon seems to have made a good call on the new political and corporate attraction to natural gas, which is heating up the mergers and acquisitions market after a stagnant year of recession.
The primary target is shale, the gas formation embedded in rocks across the US e_SEmD and potentially the world e_SEmD that needs to be fractured with water and sand leaving vast open scars across the landscape.
As Mr McClendon, one of the world's highest paid energy chiefs, touched down at the talks in the Danish capital, ExxonMobil had just completed its most significant purchase in a decade, buying his rival shale producer XTO Energy for $30bn.
The move stamps Exxon's seal of approval on the US shale gas revolution, after critics had watched and waited to see if the technological advances really did yield the miraculous returns predicted by its cheerleaders. Now even the US Energy Department believes shale will provide 50pc of the country's demand within 20 years.
Within hours of the announcement, Citigroup analyst Robin Shoemaker was heralding the beginning of an oil and gas merging fury, forecasting that "the takeover of XTO by Exxon may signal the start of a new round of consolidation among oil and gas producers".
Analysts are tipping Chesapeake as the next prime candidate for an acquisition, along with Canada's EnCana Corp and British producer BG Group, which recently bought shale assets from Exco Resources. Shopping has been the last activity on the minds of the Western supermajors over the last year, as they struggled with oil and gas prices more than 60pc lower than their peak in 2008.
Out of the $5bn of mergers and acquisitions in the first half of the year, 80pc was related to China's voracious grab for energy assets, mostly in Africa and the Middle East. But buying activity is likely to rebound next year and reach pre-recession levels by 2011, says Ian Sperling-Tyler, head of oil and gas corporate finance at Deloitte.
US gas is bound to hold certain geographical attractions to the Western oil companies on the hunt for acquisitions, as they battle declining reserves in a world where 70pc of proven oil lies in countries controlled by OPEC, the cartel.
Reports that Shell wants to sell $5bn of its flagship Nigerian fields, where rebels repeatedly disrupt production, may be a sign that Big Oil is bailing out of the most hostile areas for safer terrain.
The stampede for mature assets outside the most protectionist regimes has already begun, with BP's attempt to gazump Exxon's $4bn bid for Kosmos Energy's fields in Ghana and Tullow's threat to derail Heritage's sale of Ugandan fields to Eni Spa.
And with China venturing further into politically difficult oil-rich areas from Iran to Nigeria, Exxon, Chevron, BP and Shell have increasingly turned to unconventional resources, such as Canada's heavy duty tar sands, deepwater drilling in the Gulf of Mexico and – of course – shale.
Despite the current glut of gas on the markets, both Peter Voser, the new boss of Shell, and Tony Hayward, chief executive of BP, have been speaking out at every opportunity to push the importance of gas to companies traditionally known as oil majors.
Also at the Copenhagen gas conference, Ian Smale, head of policy and strategy for BP, urged governments to consider the attractions of natural gas ahead of alternative energy sources. "Gas will have a bigger role," he says. "Nuclear will not happen fast enough, wind will not happen fast enough, carbon capture and storage (clean coal) will not happen fast enough."
Hinting at the potential acquisition frenzy to come, one person close to BP adds: "This Exxon deal is more than a sneeze in the markets. Bankers are getting a bit more of that animal spirit back."
Centrica, the owner of British Gas, has also tuned its attention to US shale, after its hostile acquisition of North Sea producer Venture earlier this year. "We are definitely considering investing in the area," one senior executive says.
Now that Exxon with its "great reputation for patience and long-term timing" has entered the game, Malcolm Graham-Wood, director of oil and gas broking for Westhouse Securities, believes it is only a matter of time before rivals follow.
"Exxon is, in my view, saying we are as close to the bottom as is possible to judge, and this is their way of putting a marker down," he says.
http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/6852723/Shale-gas---a-fossil-fuel-with-a-future.html
Thanks well input hillzman
Good luck to you I'm holding for long term.
and one more
New strategic direction:
In addition to its existing shale gas project in Nova Scotia, Triangle has decided to pursue several opportunities in North American unconventional oil plays. The Company intends to acquire prospective acreage and to commence an appraisal and development program with the aim of producing early cash flow and a series of growth options. The Company has cash reserves in excess of $5 million, significant tax pools (approximately $32 million in the US and $29 million in Canada), and has no debt, to support this new direction.
http://www.eia.doe.gov/neic/speeches/newell121409.pdf
good darticle on what there is about to come...shale gas will be a very fast grower...
canada will be a growth market compared to US...
and
Exxon Deal Signals Growing Interest In Shale Gas Abroad
Exxon Mobil Corp.'s (XOM) $31 billion bid for XTO Energy Inc. (XTO) marks the biggest endorsement yet for the exploitation of unconventional natural gas resources--and signals a growing will to carry the expertise that has revolutionized gas production beyond the North American gas market.
In a statement released Monday, Exxon Chief Executive Rex Tillerson said that the deal would benefit consumers "here and around the world," and help the company develop natural gas and oil resources globally. Exxon, the world's largest publicly traded oil company, has recently scooped up unconventional gas assets in Poland, Germany, Hungary and Argentina. If brought online, these resources could help feed major markets that currently face unsteady supplies.
Exxon plans to manage its global development of unconventional gas resources from XTO's Fort Worth offices. But overseas exploitation of shale reserves face challenges not found in Texas, Oklahoma or Louisiana, where an extensive network of service companies has helped small independent natural-gas producers drill intensively in the hard-to-crack rock formations that trap the unconventional gas. Also, the geology of overseas shale plays isn't understood as well as the U.S. rock formations, and obtaining mineral rights in foreign countries can be more difficult, said Robert Clarke, manager of unconventional gas services for the energy consultancy Wood Mackenzie.
Still, overseas markets present opportunities for potential new gas supplies. "There is vast resource potential abroad and those resources would serve undersupplied local markets," Clarke said.
Big Oil is having an easier time accessing shale and other unconventional plays than conventional oil resources--where they have to fight off zealous governments and national oil companies.
Until recently, major oil companies have been reluctant to take big bets on shales because they are relatively new areas of exploration that require intensive drilling. It was mostly aggressive, independent natural-gas producers that learned to drill horizontal wells into tight rock formations and crack them with a high pressure solution of water and sand, releasing the gas trapped within.
But in the past two years several international oil companies have been kicking the technology's tires. Statoil ASA (STO, STL.OS), BP PLC (BP, BP.LN) and ENI SpA (E, ENI.MI) have struck deals that give them a foothold in U.S. shale plays.
"Every major oil company is thinking about getting into these shale plays both in the U.S. and globally, the question is how," said David Rockecharlie, co-head of the energy investment banking group for Jefferies & Co Inc. Barclays Capital and Jefferies advised XTO on the transaction.
also Palo Alto Investors, Inc own close to 15 million shares at avg cost of 1.085 per share
Palo Alto Investors, Inc. is a large shareholder of TPLM
PAI finds super value plays in the energy sector.
http://www.pa-investors.com/AboutUs.aspx
also new ceo
Dr. Peter Hill - Dr. Hill has over 37 years experience in the international oil and gas industry. He commenced his career in 1972 and spent 22 years in senior positions at British Petroleum including Chief Geologist, Chief of Staff for BP Exploration, President of BP Venezuela and Regional Director for Central and South America. Dr. Hill then worked as Vice President Exploration at Ranger Oil in England (1994-95), Managing Director Exploration and Production at Deminex in Germany (1995-97), Technical Director/Chief Operating Officer at Hardy Oil & Gas (1998-2000), President & CEO at Harvest Natural Resources (2000-2005), Director/Chairman at Austral Pacific Energy (2006-2008), independent advisor to Palo Alto (2008 to present) and Non Executive Chairman at Toreador Resources Corporation (2009 to present). Dr. Hill has a BSc Honors Geology and a PhD.
Interesting read
Read more: http://www.oilweek.com/news.asp?ID=25297#ixzz0aCdEoBOS
Triangle Petroleum Corp. (TSXV:TPE), a junior energy company working on a shale natural gas project in Nova Scotia, is shaking up its management and broadening its focus after being pressed by its biggest shareholder to make changes.
The Calgary-based firm said Tuesday that Mark Gustafson, who will step down as chief utive, will be replaced by Peter Hill, formerly an independent adviser to Palo Alto Investors, which holds 21 per cent of Triangle´s stock.
Triangle also plans to look at entering North American shale plays that are more established than the Windsor Block in Noval Scotia, the firm´s main asset.
"This company needed a new strategy because investors could not see how they were going to get to their end point," said David Anderson, Palo Alto´s director of energy research.
"How do you break the cycle? One way you do it is to bring in a new team. You some momentum, you come with a new strategy and you find financial backing."
Triangle´s shares gained more than 44 per cent to 19.5 cents on Tuesday, with about 116,000 traded by mid-afternoon on the TSX Venture Exchange.
Triangle currently has no debt and cash reserves of over $5 million to support its plans.
Palo Alto brought its concerns to Triangle´s management last month and found that its suggestions were welcomed.
"This is a very positive development for our shareholders," said Gustafson, the outgoing chief utive. "The new focus on unconventional oil plays combined with strong financial sponsorship should result in significant shareholder value creation."
Anderson called Gustafson a "class act" who did right by his company´s shareholders.
Hill, the new CEO, has held several senior positions at British Petroleum, was president of Harvest Natural Resources and non-utive chairman at Toreador Resources Corp. in the past.
He and two others have been added to the company´s board of directors.
A few years ago, Palo Alto became fascinated by how technologies like horizontal drilling and multi-stage fracturing were unlocking huge natural gas supplies from shale formations in the United States.
Looking to capitalize on that phenomenon, Palo Alto bought a stake in Triangle, which at the time had positions in multiple shale plays.
Over time Triangle exited some of the other areas, turning a singular focus to its Windsor Block in Nova Scotia, making it something of a "one-legged stool," according to Anderson.
Palo Alto likes the Windsor Block, but says Triangle should try to squeeze some cash flow out of other areas, where there are more infrastructure and partnership opportunities.
"We´re not leaving that one behind. We think there´s huge upside in that potentially. But it´s still a science experiment," said Anderson
Earlier this year, Palo Alto spearheaded an overhaul of another small Calgary-based company, Canadian Superior Energy Inc. (TSX:SNG), whose main asset was a stake in a large offshore natural gas project in Trinidad and Tobago.
Palo Alto had voiced concerns about Canadian Superiors´ governance, as well as its handling of the Trinidad asset, which is believed to contain up to five trillion cubic feet of natural gas.
After a protracted battle, Canadian Superior inked a settlement with Palo Alto in August, agreeing on six nominees for the company´s board of directors.
Yes Dave I'm Holding for F/S =)
GL trading today