Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Also, as I have stated before, look at Miami’s energy.. they drilled and discovered 100 trillion cubic feet of natural gas, off Mauritania/senegal.. 4th largest find in history.. look at their stock price over last several yrs.. they only have about 400m shares and their stock has only reached about $8/share…. It costs a tremendous amount of money to produce oil and gas…. Especially in deep water… kosmos had to give BP 30-40%, because it takes billions to design and build infrastructure…. erhc is probably no different but kosmos actually found something huge, and Erhc hasn’t found anything…. So again, $8 is a dream..supermajors will just wait erhc out..
$8 is crazy talk.. I have been an Erhc shareholder since ~ 2005.. nobody is going to pay $8/share for -2 billion shares.. that is $16 Billion dollars, for what? Some non commercial JDZ wells drilled? Or a well drilled nearby in eez block 6 (Jaca)…. No way.
I think Erhc might be able to sell their remaining jdz and eez rights for maybe 10-20 cents a share.. and after all this time, I would gladly take that..
Nd9
If you are preparing for a financial crisis, or war, or something major, you might want to also buy a ranch or farm and grow your own food.. or stock a pond with fish..
Yeah, I used to think the same thing but then I started going to fdic website.. there have been receiverships for tiny banks, with no assets, that you’ve never heard of, that weren’t terminated until 10+ years.. so if it took the fdic 10+ yrs to close tiny banks, how long to close wmi? 15, 20, 25 yrs? I wondered about this for 15 yrs….
2/7/2024 Notice of Termination of Receiverships
********************
Notice of Termination of Receiverships
A Notice by the Federal Deposit Insurance Corporation on 02/07/2024
Document Details Information about this document as published in the Federal Register.
Printed version:
PDF
Publication Date:
02/07/2024
Agency:
Federal Deposit Insurance Corporation
Document Type:
Notice
Document Citation:
89 FR 8427
Page:
8427-8428
(2 pages)
Document Number:
2024-02456
Document Details
Published DocumentThis document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.
Published Document
Published DocumentThis document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.
The Federal Deposit Insurance Corporation (FDIC or Receiver), as Receiver for each of the following insured depository institutions, was charged with the duty of winding up the affairs of the former institutions and liquidating all related assets. The Receiver has fulfilled its obligations and made all dividend distributions required by law.
Notice of Termination of Receiverships
Fund Receivership name City State Termination date
10013 Silver State Bank Henderson NV 02/01/2024
10032 Ocala National Bank Ocala FL 02/01/2024
10095 Integrity Bank Jupiter FL 02/01/2024
10374 First Chicago Bank & Trust Chicago IL 02/01/2024
10387 Bank of Whitman Colfax WA 02/01/2024
10431 Premier Bank Wilmette IL 02/01/2024
10465 Heritage Bank of Florida Lutz FL 02/01/2024
10478 Banks of Wisconsin Kenosha WI 02/01/2024
10481 Sunrise Bank Valdosta GA 02/01/2024
The Receiver has further irrevocably authorized and appointed FDIC-Corporate as its attorney-in-fact to execute and file any and all documents that may be required to be executed by the Receiver which FDIC-Corporate, in its sole discretion, deems necessary, including but not limited to releases, discharges, satisfactions, endorsements, assignments, and deeds. Effective on the termination dates listed above, the Receiverships have been terminated, the Receiver has been discharged, and the Receiverships have ceased to exist as legal entities.
(Authority: 12 U.S.C. 1819)
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on February 2, 2024.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2024–02456 Filed 2–6–24; 8:45 am]
BILLING CODE 6714–01–P
https://www.federalregister.gov/documents/2024/02/07/2024-02456/notice-of-termination-of-receiverships
2/7/2024 Notice of Termination of Receiverships
********************
Notice of Termination of Receiverships
A Notice by the Federal Deposit Insurance Corporation on 02/07/2024
Document Details Information about this document as published in the Federal Register.
Printed version:
PDF
Publication Date:
02/07/2024
Agency:
Federal Deposit Insurance Corporation
Document Type:
Notice
Document Citation:
89 FR 8427
Page:
8427-8428
(2 pages)
Document Number:
2024-02456
Document Details
Published DocumentThis document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.
Published Document
Published DocumentThis document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.
The Federal Deposit Insurance Corporation (FDIC or Receiver), as Receiver for each of the following insured depository institutions, was charged with the duty of winding up the affairs of the former institutions and liquidating all related assets. The Receiver has fulfilled its obligations and made all dividend distributions required by law.
Notice of Termination of Receiverships
Fund Receivership name City State Termination date
10013 Silver State Bank Henderson NV 02/01/2024
10032 Ocala National Bank Ocala FL 02/01/2024
10095 Integrity Bank Jupiter FL 02/01/2024
10374 First Chicago Bank & Trust Chicago IL 02/01/2024
10387 Bank of Whitman Colfax WA 02/01/2024
10431 Premier Bank Wilmette IL 02/01/2024
10465 Heritage Bank of Florida Lutz FL 02/01/2024
10478 Banks of Wisconsin Kenosha WI 02/01/2024
10481 Sunrise Bank Valdosta GA 02/01/2024
The Receiver has further irrevocably authorized and appointed FDIC-Corporate as its attorney-in-fact to execute and file any and all documents that may be required to be executed by the Receiver which FDIC-Corporate, in its sole discretion, deems necessary, including but not limited to releases, discharges, satisfactions, endorsements, assignments, and deeds. Effective on the termination dates listed above, the Receiverships have been terminated, the Receiver has been discharged, and the Receiverships have ceased to exist as legal entities.
(Authority: 12 U.S.C. 1819)
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on February 2, 2024.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2024–02456 Filed 2–6–24; 8:45 am]
BILLING CODE 6714–01–P
https://www.federalregister.gov/documents/2024/02/07/2024-02456/notice-of-termination-of-receiverships
Kingpindg, eight what?
Nd9
From Googling, here is the source:
Document Information
"We propose to decapitalize WMBfsb by returning $20 billion of capital to its parent. The $20 billion will include the master note of approximately $7 billion, proceeds from $3.5 billion of Discount Notes and cash generated through additional wholesale deposits and advances from FHLB Seattle. We propose the payment of at least $10 billion by September 30, 2008 and the remaining $10 billion through December 2009." "The net balance sheet of WMBfsb will be approximately $34 billion to $36 billion after Project Fillmore. The leverage ratio will decrease to 25% from 62%. A well-capitalized institution requires an 8% or higher leverage ratio."
Original Title:Washington Mutual (WMI) - Project Fillmore (Decapitalization of WMB fsb)
Copyright:Attribution Non-Commercial (BY-NC)
Available FormatsDownload as PDF, TXT or read online from Scribd
https://www.scribd.com/document/66282873/Washington-Mutual-WMI-Project-Fillmore-Decapitalization-of-WMB-fsb
Washington Mutual (WMI) - Objection To The Seventh ...
Actually, the biggest indicator is the naysayers, who are monitoring this message board 24 hrs a day, 365 days a yr, yr after yr.. why would any sane person do that unless they had an agenda..
Federal Reserve Payments to Banks Trigger Largest Ever Operating Loss
JOHN CARNEY15 Jan 2024159
3:07
The Federal Reserve quietly lost a fortune in 2023 as interest it pays out to banks swamped the interest it earns on its bond portfolio, data released by the central bank Friday showed.
The Fed said it lost roughly $114.3 billion in 2023, its largest-ever annual loss.
The losses occurred because the money the Fed pays banks for reserves held at the central bank exceeded the interest earned on the mortgage and Treasury bonds it holds. The Fed has been raising the interest rate paid on reserves alongside the hikes on the benchmark federal funds rate to stem the worst inflation in forty years.
The losses would be even greater if the Fed included the decline in market value of its bond holdings. But because those are held to maturity, they are not recorded as operating losses.
By law, the Fed is required to pay any profits to the Treasury Department. When it loses money, this increases the budget deficit of the federal government because the Treasury does not receive that revenue.
Because of the way the Fed accounts for the losses, the Treasury Department may be deprived of revenue from the Fed even when the central bank stops losing money. When the Fed suffers an operating loss, it creates a deferred asset in the amount of the loss. When the Fed turns a profit in the future—which will likely not happen until interest rates fall—it will first paydown the deferred assets—essentially, pay itself back for its losses—before it restarts payments to the Treasury.
The Fed turned $76 billion over to the Treasury in the first 9 months of 2022. Losses began to mount in September, totaling $16.6 billion for the year in 2022.
Never before in its history have operating losses stopped the Fed from making payments to the Treasury for a significant period of time.
So far, the Fed has wracked up around $133 billion of deferred assets that will need to be repaid before payments to the Treasury restart.
When the Fed began accumulating a huge portfolio of bonds—primarily U.S. Treasuries and mortgage-backed securities guaranteed by government agencies, including Fannie Mae and Freddie Mac—during the financial crisis, some officials worried about possible political backlash if the Fed suffered losses due to rapid rate hikes in the future. Those bond purchases, which eventually became what is known as quantitative easing or QE, continued for years after the financial crisis and were supercharged when the pandemic struck, taking the Fed’s balance sheet from around $4 trillion to $9 trillion.
Prior to the financial crisis, the Fed held only about $800,000 billion, or $0.8 trillion, in its securities portfolio.
The Fed is expected to continue to suffer losses as long as its benchmark interest rate target, now a range of 5.25 to 5.50 percent, remains above 3.5 percent.
https://www.breitbart.com/economy/2024/01/15/federal-reserve-payments-to-banks-trigger-largest-ever-operating-loss/
Federal Reserve Payments to Banks Trigger Largest Ever Operating Loss
JOHN CARNEY15 Jan 2024159
3:07
The Federal Reserve quietly lost a fortune in 2023 as interest it pays out to banks swamped the interest it earns on its bond portfolio, data released by the central bank Friday showed.
The Fed said it lost roughly $114.3 billion in 2023, its largest-ever annual loss.
The losses occurred because the money the Fed pays banks for reserves held at the central bank exceeded the interest earned on the mortgage and Treasury bonds it holds. The Fed has been raising the interest rate paid on reserves alongside the hikes on the benchmark federal funds rate to stem the worst inflation in forty years.
The losses would be even greater if the Fed included the decline in market value of its bond holdings. But because those are held to maturity, they are not recorded as operating losses.
By law, the Fed is required to pay any profits to the Treasury Department. When it loses money, this increases the budget deficit of the federal government because the Treasury does not receive that revenue.
Because of the way the Fed accounts for the losses, the Treasury Department may be deprived of revenue from the Fed even when the central bank stops losing money. When the Fed suffers an operating loss, it creates a deferred asset in the amount of the loss. When the Fed turns a profit in the future—which will likely not happen until interest rates fall—it will first paydown the deferred assets—essentially, pay itself back for its losses—before it restarts payments to the Treasury.
The Fed turned $76 billion over to the Treasury in the first 9 months of 2022. Losses began to mount in September, totaling $16.6 billion for the year in 2022.
Never before in its history have operating losses stopped the Fed from making payments to the Treasury for a significant period of time.
So far, the Fed has wracked up around $133 billion of deferred assets that will need to be repaid before payments to the Treasury restart.
When the Fed began accumulating a huge portfolio of bonds—primarily U.S. Treasuries and mortgage-backed securities guaranteed by government agencies, including Fannie Mae and Freddie Mac—during the financial crisis, some officials worried about possible political backlash if the Fed suffered losses due to rapid rate hikes in the future. Those bond purchases, which eventually became what is known as quantitative easing or QE, continued for years after the financial crisis and were supercharged when the pandemic struck, taking the Fed’s balance sheet from around $4 trillion to $9 trillion.
Prior to the financial crisis, the Fed held only about $800,000 billion, or $0.8 trillion, in its securities portfolio.
The Fed is expected to continue to suffer losses as long as its benchmark interest rate target, now a range of 5.25 to 5.50 percent, remains above 3.5 percent.
https://www.breitbart.com/economy/2024/01/15/federal-reserve-payments-to-banks-trigger-largest-ever-operating-loss/
Krombacher, two things:
1.) Thanks for your reply and thoughts about the ANP-STP directives, asking for bids on Block 4.
2.) As for Oranto, you mentioned xrimlinger.com took down their advertising of Oranto's Block #3. I did find it elsewhere.. I don't know the accuracy of this site, but they have lot's of listed acreage in Africa, where companies are looking for partners. Is you search for Sao Tome, it will list Oranto Block #3. It also has another listing for ANP-STP, looking for bids on EEZ Block #4. In second link below, it lists ANP-STP Block 4, but notice link is for JDZ... so again, not sure of accuracy of this website. However, I wanted to mention it...
https://www.farmoutangel.com/assets/sao-tome-principe-block-3/
https://www.farmoutangel.com/assets/stp-nigeria-jdz-blocks-2-3-and-4/
ND9
Probably my fault. I translated Portuguese to English incorrectly..
Nd9
Krombacher, so you don’t think STP asking companies to bid on 85% of Block 4 (by Jan 24) is a problem for Erhc?
Thanks
Nd9
lovemelongtime, yes, I know, I also posted ERHC's response/filing... I just posted the ANP-STP "invitation to bid on EEZ Block 4" letter because I looked, but I never actually saw it posted on this message Board.. but I probably just missed it...
ND9
Which implies we might have news before Jan 20, 2024....... maybe ERHC gets bought out... or maybe they are part of a new 3 team bid.....
ND9
This pricing supplement supplements the terms and conditions in the prospectus, dated June 29, 2018
************************
Over the last few years, we've seen both of these filings before.......
JMHO
ND9
Invitation to oil companies to acquire 85% of block 4 of the STP EEZ
Nov 20, 2023
*******************************
Below is the STP Nov 20, 2023 "invitation to bid on STP EEZ Block #4" that drove ERHE price to 0.0001. I couldn't copy the PDF file but the links below, will take you to letter, and you can download for yourself. The ANP-STP letter basically states they want proposals/bids by Jan 20, 2024. Also, each proposal/bid must be composed of a minimum, of 3 companies.
ND9
*******************************************************
Invitation to oil companies to acquire 85% of block 4 of the STP EEZ
See attached the statement on ANP-Announcement No. 1/2023, regarding the acquisition of 85% of the participating interests in block 4 of the STP EEZ
https://www.anp-stp.gov.st/index.php/pt/publicacoes/noticias-pt/itemlist/category/28-anuncios
Invitation to oil companies to acquire 85% of block 4 of the STP EEZ
https://www.anp-stp.gov.st/index.php/pt/publicacoes/noticias-pt/item/179-convite-as-empresas-petroliferas-para-aquisicao-de-85-do-bloco-4-da-zee-de-stp
Download attachments: Comunicado_ANP-STP_Bloco_4_ZEE.pdf
Yeah but we have seen Jpm raise billions like this for several yrs.. so how do we know that this time, the money is really for wamu escrow holders?
Total net assets, $813M…. How can this be our wamu money? Not even $1B.
100 to 1 is 99% less, not 10%.
No filings? ERHC Energy files with SEC on Dec 8, 2023. I posted it and am now responding to it..
Nd9
This filing is very clear. Erhc hs the rights to stp eez block 4.
Massive Layoffs Are Coming in 2024
Story by Suzanne Blake •
19h
https://www.newsweek.com/
Mass layoffs are in store for 2024, and it might end up affecting nearly half of companies, according to a new poll.
That's the latest information from a Resume Builder survey, based on responses from more than 900 companies this month. Resume Builder is a professional platform that allows users to create resumes in just a few steps.
In the survey, nearly four in 10 companies said they are likely to have layoffs in 2024, prompting increased fears of a recession around the corner. More than half of companies also said they plan to implement a hiring freeze in 2024.
When asked why the companies were engaging in the layoffs, half said the anticipation of a recession was a reason. Meanwhile, a little less, four in 10 said they are going to lay off employees and replace workers with artificial intelligence (AI).
The news comes as Google is reportedly gearing up to lay off 300,000 employees in its ad sales units in favor of AI ad tech.
In 2023, 65 percent of business leaders said their companies already had layoffs, with 25 percent saying they laid off 30 percent or more of the workforce.
In 2024, substantial numbers of the workforce may be let go as well, as 22 percent of the companies who plan layoffs in the new year said 30 percent or more of their staff would be fired
Who Will Be Laid Off First?
While an overwhelming number of companies indicated layoffs are to be expected in the new year, not all companies or industries are equally at risk.
There was a slight division in midsize and large companies compared to small companies. While 42 percent of midsized and 39 percent of large companies indicated layoffs were coming, only 28 percent of small company business leaders said the same.
Industry-wise, construction and software companies were by far the most likely to predict layoffs in the next year, at 66 and 65 percent, respectively.
Meanwhile, information, retail and finance and insurance companies will likely see some employee turmoil as well, with 44 percent of information and retail companies and 38 percent of finance companies saying layoffs are anticipated.
To determine if your job is in jeopardy will likely require you to analyze your own performance at the company, the survey indicates.
A performance-based approach to layoffs is what 62 percent of companies say they take, while 17 percent say they use 'last in, first out,'" the survey said.
"Especially for small businesses, there are some tried and true methods in regard to avoiding layoffs," Alex Mastin, the CEO and founder of coffee brewing website Home Grounds, said in a statement.
"It really does begin with thinking outside the box and generating new ideas for revenue, marketing, and reducing overhead costs. For businesses of any size, it may also be helpful to expand job roles for single employees to reduce staffing amounts—and additional salaries."
Mastin said workers can also make themselves more valuable with a "willingness to train on multiple functions."
"If most companies are doing performance-based layoffs, now is not the time to be complacent or checked out of your position," Resume Builder's resume and career strategist Julia Toothacre said in a statement. "Make sure you are keeping track of your wins and impact in your position and share information with your manager regularly."
AI Layoffs Arriving Soon
If your job can be easily replaced by current AI technology though, it might be time to worry.
Nearly four in 10 business leaders said layoffs are happening to replace workers with AI.
"Because AI continues to be a reason for layoffs, take time to learn how to leverage AI in your position and which AI programs might impact your work the most," Toothacre said. "Learn about them and become the 'go-to' person. You want to be the employee your manager can't imagine going on without."
Steven Chizen, a California based employment attorney, said layoffs are typically based on some combination of business needs, job redundancy and performance. But there are still steps you can take to make your departure from your company less likely.
"Workers should always ask themselves, 'How can I make myself indispensable?' Then, when an inevitable layoff arrives, they will be lower on the list of potentially impacted employees." Chizen told Newsweek.
With the job market likely to be unstable in 2024, workers will still need to network and put feelers out in case they are indeed let go, Chizen added.
Updating your LinkedIn profile sooner rather than later is also a good idea. Engaging in skills-based training to become more employable will also help employees as they navigate the next uncertain year, with analytics, social media and of course AI being top in demand skills.
Employees who do wind up being fired will likely be forced to rely on savings, but many Americans are without this necessary cushion, according to Michal Strahilevitz, the director of the Elfenworks Center for Responsible Business and a professor at St. Mary's College of California.
"Although we are all told to have enough savings as a cushion in case things like this happen, very few people have such a cushion," Strahilevitz told Newsweek.
The median savings balance for Americans is $5,300, according to recent numbers from the Federal Reserve. That amount can quickly be depleted in a month or two though when considering housing, grocery and childcare costs.
Employees who get saved during layoffs are likely to see negative impacts too.
"Even those who are not laid off may find their workload increasing, as often the duties performed by those laid off end up in the laps of those who remain," Strahilevitz said.
"It's also extremely bad for morale to be at a company with layoffs, even if you're not one of the people laid off. It's sad. It's painful to watch colleagues you like working with being laid off."
https://www.msn.com/en-us/money/other/massive-layoffs-are-coming-in-2024/ar-AA1m7lZO
AGL to manage Port of São Tomé
Published on 28-12-2023 at 12:18
AGL was selected following a consultation to resume operations at the Port of São Tomé Container Terminal. This partnership between AGL and the Government of São Tomé will improve the efficiency and productivity of the port, implementing technological solutions and modern management practices.
“We are honoured to have been chosen as a partner to operate this port. The signing of the contract confirms our desire to consolidate our service offering in Africa, by offering integrated and qualitative service that is as close as possible to the expectations of the population. We are confident that our expertise will significantly improve the productivity of the Port of São Tomé,” said Pierre Avesque, Director of Development at AGL.
Read more: AGL eyes major role in Africa’s transformation under MSC
AGL, with the support of the Mediterranean Shipping Company (MSC), will carry out cargo handling operations and modernize terminal operations, to promote local economic growth. With nearly 300 meters of quay with a depth of five metres in the bay of Ana Chaves, the Sao Tome terminal, which serves more than 250,000 people, has a storage area of 32,000 square metres and three warehouses.
“The Port of São Tomé is an entry point to Central Africa on the Atlantic Ocean. Through this management contract, Africa Global Logistics will work closely with local partners to provide tailored logistics solutions that promote the sustainable socio-economic development of the country,” Olivier De Noray, Managing Director of Ports and Terminals at Africa Global Logistics, said.
https://www.projectcargojournal.com/business/2023/12/28/agl-to-manage-port-of-sao-tome/?gdpr=accept
Shell and Petrobras join forces on new upstream business, decarbonisation opportunities
Duo will examine potential in and beyond the pre-salt
10 March 2023 1:36 GMT UPDATED 10 March 2023 12:11 GMT
By Amanda Battersby in Singapore
UK supermajor Shell and Brazil’s state-owned Petrobras have agreed to collaborate on identifying new upstream business, decarbonisation opportunities and social and environmental initiatives.
The non-binding agreement focuses on potential exploration opportunities in and beyond the pre-salt, including the equatorial margin. It also contemplates energy transition efforts, with an emphasis on renewables and carbon capture, utilisation and storage.
On the environmental front, Shell and Petrobras aim to establish projects to preserve and restore biodiversity, with the goal of issuing credits to offset carbon emissions.
The companies’ respective chief executives Wael Sawan and Jean Paul Prates signed a memorandum of understanding for the agreement, which has a five-year term, on Thursday during CERAWeek by S&P Global in Houston.
Petrobras and Shell confirmed they would work together to seek potential exploration and production opportunities; and share experience and best practices on reducing carbon emissions and for social and environmental initiatives.
“Being able to rely on partners, such as Shell, is vital for Petrobras’ future plans, because partners can add their strength to areas where the company is looking for profitable diversification, such as renewables and hydrogen,” Prates said.
“We will be looking to learn from the main players as we lead Petrobras towards a fair energy transition.”
The Brazilian energy giant noted the partnership shows that both companies appreciate there are strategic synergies in E&P projects that include decarbonisation initiatives, which are important in transitioning to a low-carbon economy, and it reinforces their intention to seek new opportunities together in Brazil and elsewhere.
Committees with representatives from both companies will be set up to monitor the progress of the various studies and discussions.
The duo is already collaborating on the research and development of technology of mutual interest under a 2020 strategic technical co-operation agreement while they are partners on Brazilian assets including Mero, Atapu and Tupi.
“As Shell celebrates our 110th anniversary of working in Brazil, this exciting agreement reinforces both the significance of the country within our global portfolio, and our strong partnership with Petrobras,” Sawan commented.
https://www.upstreamonline.com/exploration/shell-and-petrobras-join-forces-on-new-upstream-business-decarbonisation-opportunities/2-1-1417122
Thanks kingpindg.
ERHC ENERGY INC - FORM 8-K SEC FILING (Dec 8, 2023)
Item 8.01 Other Events
1. ERHC Energy Inc. (“ERHC” or the “Company”) has issued an international caveat emptor against any attempt to wrongfully alienate (or otherwise divest) the Company’s interests in Block 4 of the Sao Tome and Principe Exclusive Economic Zone and dispatched a notice accordingly to the National Petroleum Agency of Sao Tome & Principe (ANP-STP).
Caution on Forward-looking Statements: Forward-looking statements are subject to a variety of risks and uncertainties. Investors should therefore not place undue reliance on any forward-looking statements contained herein. The statements herein speak only as of the date of this report. Expressly disclaimed hereby is any obligation or undertaking to publicly release any updates or revisions to any of the statements herein to reflect any change in any expectations with regard to the statements or any changes in events, conditions or circumstances on which any forward-looking statements are based.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ERHC ENERGY INC.
Dated :12/07/2023
By:
/s/ Linda Uwams
https://www.sec.gov/ix?doc=/Archives/edgar/data/799235/000137647423000512/erhc-20230607.htm
12/6/2023 - Notice of Termination of Receiverships
The Federal Deposit Insurance Corporation (FDIC or Receiver), as Receiver for each of the following insured depository institutions, was charged with the duty of winding up the affairs of the former institutions and liquidating all related assets. The Receiver has fulfilled its obligations and made all dividend distributions required by law.
Notice of Termination of Receiverships
Fund Receivership name City State Termination date
10056 Michigan Heritage Bank Farmington Hills MI 12/01/2023
10060 Westsound Bank Bremerton WA 12/01/2023
10068 Community Bank of West Georgia Villa Rica GA 12/01/2023
10101 Community Bank of Arizona Phoenix AZ 12/01/2023
10180 Community Bank & Trust Cornelia GA 12/01/2023
10366 First Georgia Banking Company Franklin GA 12/01/2023
10369 Atlantic Bank & Trust Charleston SC 12/01/2023
10441 Carolina Federal Savings Bank Charleston SC 12/01/2023
10448 Montgomery Bank & Trust Ailey GA 12/01/2023
10462 Gulfsouth Private Bank Destin FL 12/01/2023
The Receiver has further irrevocably authorized and appointed FDIC-Corporate as its attorney-in-fact to execute and file any and all documents that may be required to be executed by the Receiver which FDIC-Corporate, in its sole discretion, deems necessary, including but not limited to releases, discharges, satisfactions, endorsements, assignments, and deeds. Effective on the termination dates listed above, the Receiverships have been terminated, the Receiver has been discharged, and the Receiverships have ceased to exist as legal entities.
(Authority: 12 U.S.C. 1819)
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on December 1, 2023.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2023–26774 Filed 12–5–23; 8:45 am]
BILLING CODE 6714–01–P
https://www.federalregister.gov/documents/2023/12/06/2023-26774/notice-of-termination-of-receiverships
12/6/2023 - Notice of Termination of Receiverships
The Federal Deposit Insurance Corporation (FDIC or Receiver), as Receiver for each of the following insured depository institutions, was charged with the duty of winding up the affairs of the former institutions and liquidating all related assets. The Receiver has fulfilled its obligations and made all dividend distributions required by law.
Notice of Termination of Receiverships
Fund Receivership name City State Termination date
10056 Michigan Heritage Bank Farmington Hills MI 12/01/2023
10060 Westsound Bank Bremerton WA 12/01/2023
10068 Community Bank of West Georgia Villa Rica GA 12/01/2023
10101 Community Bank of Arizona Phoenix AZ 12/01/2023
10180 Community Bank & Trust Cornelia GA 12/01/2023
10366 First Georgia Banking Company Franklin GA 12/01/2023
10369 Atlantic Bank & Trust Charleston SC 12/01/2023
10441 Carolina Federal Savings Bank Charleston SC 12/01/2023
10448 Montgomery Bank & Trust Ailey GA 12/01/2023
10462 Gulfsouth Private Bank Destin FL 12/01/2023
The Receiver has further irrevocably authorized and appointed FDIC-Corporate as its attorney-in-fact to execute and file any and all documents that may be required to be executed by the Receiver which FDIC-Corporate, in its sole discretion, deems necessary, including but not limited to releases, discharges, satisfactions, endorsements, assignments, and deeds. Effective on the termination dates listed above, the Receiverships have been terminated, the Receiver has been discharged, and the Receiverships have ceased to exist as legal entities.
(Authority: 12 U.S.C. 1819)
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on December 1, 2023.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2023–26774 Filed 12–5–23; 8:45 am]
BILLING CODE 6714–01–P
https://www.federalregister.gov/documents/2023/12/06/2023-26774/notice-of-termination-of-receiverships
Zimbabwe Celebrates Milestone Gas Discovery: Invictus Energy Unveils First-Ever Triassic-Aged Hydrocarbon in Sub-Saharan Africa
Chris Matambanadzo by Chris MatambanadzoDecember 6, 2023in Business, Local Zimbabwe News
https://iharare.com/gas-discovered-in-zimbabwe/
Thanks JERSEYHAWG. Eom.
Nd9
I'm sure folks will say this is a dumb question... but I am going to ask anyway................ why is it, that all the conversations involve LEHDQ, or LEHPQ, LEHJQ, or LEHMQ, etc... what about the title of this specific message board? What about LEHNQ? Will they also get paid?
AZCowboy (i.e., Ol' Cactus), thanks for posting and reinforcing our beliefs and hopes. Hopefully soon, we'll see something.
ND9
11/06/2023 Notice of Termination of Receiverships
A Notice by the Federal Deposit Insurance Corporation on 11/06/2023
The Federal Deposit Insurance Corporation (FDIC or Receiver), as Receiver for each of the following insured depository institutions, was charged with the duty of winding up the affairs of the former institutions and liquidating all related assets. The Receiver has fulfilled its obligations and made all dividend distributions required by law.
Notice of Termination of Receiverships
Fund Receivership name City State Termination date
10047 FirstCity Bank Stockbridge GA 11/01/2023
10055 First Bank of Idaho, FSB Ketchum ID 11/01/2023
10058 Citizens Community Bank Ridgewood NJ 11/01/2023
10064 Bank of Lincolnwood Lincolnwood IL 11/01/2023
10100 Community Bank of Nevada Las Vegas NV 11/01/2023
10217 Tamalpais Bank San Rafael CA 11/01/2023
10224 Wheatland Bank Naperville IL 11/01/2023
10333 First Community Bank Taos NM 11/01/2023
10363 The Park Avenue Bank Valdosta GA 11/01/2023
10396 Bank of The Commonwealth Norfolk VA 11/01/2023
10434 Bank of The Eastern Shore Cambridge MD 11/01/2023
The Receiver has further irrevocably authorized and appointed FDIC-Corporate as its attorney-in-fact to execute and file any and all documents that may be required to be executed by the Receiver which FDIC-Corporate, in its sole discretion, deems necessary, including but not limited to releases, discharges, satisfactions, endorsements, assignments, and deeds. Effective on the termination dates listed above, the Receiverships have been terminated, the Receiver has been discharged, and the Receiverships have ceased to exist as legal entities.
(Authority: 12 U.S.C. 1819.)
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on November 1, 2023.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2023–24453 Filed 11–3–23; 8:45 am]
BILLING CODE 6714–01–P
https://www.federalregister.gov/documents/2023/11/06/2023-24453/notice-of-termination-of-receiverships
11/06/2023 Notice of Termination of Receiverships
A Notice by the Federal Deposit Insurance Corporation on 11/06/2023
The Federal Deposit Insurance Corporation (FDIC or Receiver), as Receiver for each of the following insured depository institutions, was charged with the duty of winding up the affairs of the former institutions and liquidating all related assets. The Receiver has fulfilled its obligations and made all dividend distributions required by law.
Notice of Termination of Receiverships
Fund Receivership name City State Termination date
10047 FirstCity Bank Stockbridge GA 11/01/2023
10055 First Bank of Idaho, FSB Ketchum ID 11/01/2023
10058 Citizens Community Bank Ridgewood NJ 11/01/2023
10064 Bank of Lincolnwood Lincolnwood IL 11/01/2023
10100 Community Bank of Nevada Las Vegas NV 11/01/2023
10217 Tamalpais Bank San Rafael CA 11/01/2023
10224 Wheatland Bank Naperville IL 11/01/2023
10333 First Community Bank Taos NM 11/01/2023
10363 The Park Avenue Bank Valdosta GA 11/01/2023
10396 Bank of The Commonwealth Norfolk VA 11/01/2023
10434 Bank of The Eastern Shore Cambridge MD 11/01/2023
The Receiver has further irrevocably authorized and appointed FDIC-Corporate as its attorney-in-fact to execute and file any and all documents that may be required to be executed by the Receiver which FDIC-Corporate, in its sole discretion, deems necessary, including but not limited to releases, discharges, satisfactions, endorsements, assignments, and deeds. Effective on the termination dates listed above, the Receiverships have been terminated, the Receiver has been discharged, and the Receiverships have ceased to exist as legal entities.
(Authority: 12 U.S.C. 1819.)
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on November 1, 2023.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2023–24453 Filed 11–3–23; 8:45 am]
BILLING CODE 6714–01–P
https://www.federalregister.gov/documents/2023/11/06/2023-24453/notice-of-termination-of-receiverships
Boarddork, interesting, thanks, nd9
Boarddork, but the coop mgmt are considered insiders so how could they provide direction to short shares.. would that be considered insider trading?
Obviously, lol.
diamondguru, I'll post the link where Royal Dude said it.... also, it was in response to your question... see below:
Royal Dude stated, "When FDIC starts the waterfall after the "Fainess telephone hearing" on October 17th JMO"
it was in response to Diamondguru question, "WHEN" is the Huge Question??????????????????????????
**********************************
Royal Dude
Re: diamondguru-one post# 717511
Sunday, October 15, 2023 1:40:33 PM
Post#
717512
of 717804
When FDIC starts the waterfall after the "Fainess telephone hearing" on October 17th JMO
Think last week clich in Japan 80B was a part of it
376710/10/2023ORDER: WHEREAS no class member has objected to the settlements that will be addressed at the fairness hearing scheduled for October 17, 2023 at 11:00 a.m. (the "Fairness Hearing"); and WHEREAS the OTC Plaintiffs have filed written submissions regarding the fairness, reasonableness, and adequacy of those settlements, the Court will hold the Fairness Hearing telephonically. Chambers will post dial-in instructions on the MDL and OTC Plaintiff Action dockets on the morning of October 17, 2023. (Telephone Conference set for 10/17/2023 at 11:00 AM before Judge Naomi Reice Buchwald.) (Signed by Judge Naomi Reice Buchwald on 10/10/2023) Filed In Associated Cases: 1:11-md-02262-NRB, 1:11-cv-05450-NRB
Bullish
BULLISH
The Most Royal Dude
Lets Go Fishing
**************************************
diamondguru-one
Re: Royal Dude post# 717510
Sunday, October 15, 2023 1:09:37 PM
Post#
717511
of 717804
64B incoming = P's $6,000 + U's $12.00 + SOLDDDDDDDDDDDDDDDDDDD !!!!!!!!!!!!!!!!
"WHEN" is the HUGE QUESTION ????????????????????????????????????????