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As far as I know there is only one Magellan Energy LTD. The website shows the same company name and address. IMO, this is a scam. If MGLG is doing bussiness in Tennessee, they would have to file with the state of Tennessee. If MGLG is in fact doing business in the US they would need an EIN number from the the IRS, what is that number? I am not finding any of this info, maybe Karen can answer these questions.
I found this very interesting reading. If MGLG has a new website, why is the corperation being desolved. This info is on the Canadian Governments website. You all may want to check into this.
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Corporation #6728944 BN #859894784RC0001 Corporation Name(s): Magellan Energy (Canada) Ltd.
Old Name(s) and Change Date(s)
Mailing Address: [Latest address on file]
Care of:
Street: 1370 HURONONTARIO ST.
City: MISSISSAUGA
Province: Ontario
Postal Code: L5G3H4
Country: Canada
Registered Office Address: [Latest address on file]
Care of:
Street: 1370 HURONONTARIO ST.
City: MISSISSAUGA
Province: Ontario
Postal Code: L5G3H4
Country: Canada
Country: Canada
Reg. Off. Eff: 2008/03/04
Status Date
Dissolution in Progress 2009/08/20
Active 2007/03/01
ACT Name: Canada Business Corporations Act Proxy:
Incorporation:2007/03/01 Prospectus:
Amalgamation: Take Over:
Continuance: Revival:
Anniversary:2007/03/01 Intent to Dissolve:
Import: - Revocation of Intent:
Export: - Update:2008/03/04
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Top Directors AR/AS Financial Amalg Subs/Parent Bottom
Directors
NOTICE TO CLIENTS:
Please note that directors residential addresses are no longer available online. The request for this information can be made in writing directly to Corporations Canada by:
E-mail: corporationscanada@ic.gc.ca
Fax: (613) 941-0601 or 941-5789
Letter: Attn: Head, Information and Certification Unit
9th Floor, Jean Edmonds Tower South
365 Laurier Avenue West
Ottawa, Ontario K1A OC8
Please provide contact name, e-mail address, business address, telephone number and fax number.
Current: 2 Last Update Date: 2007/03/23
Min: 1 Last Amendment: 2007/03/23
Max: 5
Director(s) name(s):
BILL AKRIVOS
TROY WILLIAM RICHARD
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Top Directors AR/AS Financial Amalg Subs/Parent Bottom
Annual Return/Annual Summary(AR/AS)
NOTICE TO CLIENTS:
Following the transition period resulting from the November 24, 2001 amendments to the Canada Business Corporations Act, the Act now refers to a minimum of 50 shareholders instead of 15
Distributing:
Number of Shareholders:
Annual Meeting (Last):
Enforcement Code: Notice of Intent to Dissolve Sent
Enforcement Date: 2009/08/20
Taxation Year End:
AR/AS Filed:
Not Filed - 2009
Not Filed - 2008
--------------------------------------------------------------------------------
Top Directors AR/AS Financial Amalg Subs/Parent Bottom
Financial
Financial reports are only available for distributing corporations
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Top Directors AR/AS Financial Amalg Subs/Parent Bottom
Amalgamations
No amalgamation information for this corporation.
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Top Directors AR/AS Financial Amalg Subs/Parent Bottom
Parent/Subsidiary
No parent/subsidiary information for this corporation.
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Don't believe everything you read on the internet. Check it out for your self.
Check it out for your self.
Has anyone ever checked out Karen Willoughby (if that is really her name) I have spent the past couple weeks checking out Karen and the companies she is associated with. If you google her phone number you will see them. They all have pretty web sites, very basic. All the companies seem to be MIA. But their stocks are still trading. IMO Karen is a scammer, and who knows how many others are envolved in this scam. I know that I have lost my fair share of money on this deal and Karen is on vacation laughing her A$$ off at all of us. Any one of you can put out a PR if you are willing to pay for it. It is just like putting an AD in your local news paper, if you pay for it, you can write what ever you want. This looks to be a group effort, so many internet crimes. All I can hope for is that the law catches up with these people and puts a stop to it.
In my last effort to verify that Magellan Energy exist, I contacted a couple of the businesses listed at their last known address, several confirmed that they are not at that address.
Everyone keeps talking about PR, this board is our PR. We as inversters should be talking about how great our company is. We should stick to the facts. MGLG is a real company, they are working in Tennessee (has anyone seen the article in Rigzone on how the natural gas lines are opening up from Tennessee to New Jersey) MGLG is in the best position they could be in, Citizens has applied for federal dollars. We all know that the government is pushing for our country to be less dependent on foriegn fuels. Natural gas burns cleaner, so it is an environmental issue. And our company already has its foot in the door. The bio on Bill Goodwin, that is great stuff. I have emailed Mr Goodwin in the past to verify that MGLG does in fact have these leases, and he confirmed the PR was acurate. The numbers, it would be great if we had them, but do they really mean anything at this point. If you follow the stocks on the big boards, alot of companies are in the red. But the numbers are getting better every quarter. It makes the inversters feel better. As long as MGLG hasn't gone belly up, we are ahead of the game. I know PR would make everyone feel more confident. We have a good thing going here, we just have to let everyone else in the world know about it. We are all in this for the long run, the only way to make any money is to bring in new blood. New investers read this board, lets let them know what a great investment this company is. Focus on the facts, the bashers will find some other company to bash. If each of us post possitive info, even if it is old news, new investers will see it. And they will want to buy in just as we have.
Hope everyone had a great weekend. It's a new week, HAPPY TRADING!!!
It is TECO Peoples Gas. TECO = Tampa Electric Company, they are a 3rd party. Now how could a company that provides billing and customer service give you any information that would be of any value to all of us that own MGLG. I have owned MGLG since 2007 and I have been reading this board for ages. I rarley see anything of value. Fact is, Magellan Energy does exist. Anyone of you can contact the Canadian Ministry of Consumer and Business Services www.ontario.ca they will be happy to answer your questions. All of this negative chatter is devaluing our investment. I found a post on the SPNG board, I found it quite interesting reading. Do not know how much of it is true, but the author put a lot of thought into this.
Posted by: seif79 Date: Sunday, August 09, 2009 12:08:52 PM
In reply to: Meanstreet who wrote msg# 161030 Post # of 161039
BASHERS AND SPNG!
Strong bashers activity since this morning
What you should know about Bashers.
Lesson 1: Remember, BASHERS NEVER Bash A BAD STOCK. Check the boards for stocks with no potential. They never have any Bashers. Bashers only go after stocks that are moving up or have excellent potential to do so. Bashers work to bring the price down to either increase their position at the expense of others or help a Short make their bones.
Lesson 2: BASHERS ALWAYS BRING UP OLD NEWS THAT YOU HAVE HEARD MANY TIMES. New startup companies always have a few bits of bad news. The Basher will post this over and over again. Unsophisticated Bashers will try to freshen up old news with a new date or by-line in an attempt to fool you.
Lesson 3: BASHERS POST MANY TIMES A DAY. They try to wear you out. They comment on everything, every other post, and can answer every question. THEY KNOW IT ALL! There is no positive comment they won't Bash. They try to control the board. True longs may have to confront the Bashers or they will appear to the newbies as being the people with all the information. This is best accomplished by posting positive, well researched data on the company, repetitively, while trying hard not to engage the Bashers in direct repartee. REMEMBER - LONGS... RESIST USING THE BASHERS ALIAS!
Lesson 4: BASHERS WILL LIE TO YOUR FACE. Never trust a Basher. The truth on startup companies is that they make mistakes. What new company hasn't? The Basher will compare your issue to a another companies, financials - deals - management, etc., trying to lure you into making an Apples to Oranges comparison. Remember each company is unique and while it is prudent to seek out established indicators, do so with care and don't take someone else's word for it. Strive to come up with at least a "six-pack" of indicators so your vision of the state of a company is not tied to a single barometer. Not doing so is tantamount to going to a Race Track and betting on the "Pretty Brown Horsey". BASHERS WANT TO WHISPER IN YOUR EAR - PLANT A SEED OF DOUBT, AND HOPE THAT YOU ARE NOT SAVVY ENOUGH TO RESEARCH THE TRUTH ON YOUR OWN. This is how they achieve their greatest success.
DOUBT + FEAR + LAZINESS = BAIL OUT!
This is your investment... work for it, protect it and don't panic on the words of very shadowy figure that "has your best interest in their heart". Consider that one factor: Someone you have never met, is not a member of your family, is now, out of the goodness of their hearts - GIVING YOU FREE ADVICE (that you didn't ask for). It's a no brainer. They have motives $$$$$$$$$$$$.
Lesson 5: Bashers know YOU CAN'T VERIFY THEIR STATEMENTS. That's why they make the vague statements they do. They rely on you being to lazy to research their droppings other than to scan the board for others opinions. This is particularly dangerous when you consider that Bashers work in packs and often validate and back up each others nonsense with what appears to be "innocuous and unsolicited" verification by comrade Bashers. Let's face it, we are all conditioned to "believe" everything we see in writing. If others by virtue of their "posts" also confirm this belief, then we are subconsciously doomed to swallow the hook, line and sinker... Basher - 1 Honest Investor - 0
Lesson 6: The Bashers PLAY ON YOUR LACK OF KNOWLEDGE. They can lie about information and you won't know the difference (unless you have done your own DD on the company and know the truth and facts).
Lesson 7: Bashers play on your lack of patience. You have held a stock for a while. You knew it will be a big stock someday, but the BASHER CAN GET TO YOU BECAUSE YOU ARE TIRED OF WAITING FOR YOUR GAIN. That's when the Basher is best. You are tired. You have forgotten the goal for the stock was to hold it for one year. The Basher is bothersome, so you dump it on a bad day. Some others also dump. Then you get mad for your loss and return to let everyone know how mad you are. Then you turn into a semi-Basher as well. THE BASHER HAS WON, AND GAINED A NEW ALLY - YOU!
Lesson 8: BRING THE PRICE DOWN. That is the Basher's job. The truth is not important. Lies are the norm. Post continuously on the board every day. They are trying to scare the newbies that are just investigating a stock. They are trying to wear down the faithful longs on the board and gain free reign and control.
A BASHER HANDBOOK:
Do not underestimate a Bashers influence on a stock. The Pro's are good at what they do and what they do is profit from your losses. Below is their "hand-book". Learn from it or you will be donating your hard earned money to them!
Rules for Successful Bashing:
1. Be anonymous
2. Use 10% fact. 90% suggestion. The facts will lend credibility to your suggestions.
3. Let others help you learn about the stock. Build rapport and a
support base before initiating your Bashing routine.
4. Enter w/ humor and reply to all who reply to you.
5. Use multiple ISP's, handles and aliases.
6. Use two (2) or more aliases to simulate a discussion.
7. Do not start with an all out slam of the stock. Build softly.
8. Identify your foes (Longs) and the boards "guru" Use them to
your advantage. Lead them do not follow their lead.
9. Only Bash until the tide/momentum turns. Let doubt carry it the
rest of the way.
10. Give the appearance of being open minded.
11. Be bold in your statements. People follow strength.
12. Write headlines in caps with catchy statements.
13. Pour it on as your position gains momentum. Not your personality.
14. Don't worry about being labeled a "Basher". Newbies won't
know your history.
15. When identified put up a brief fight, then back off. Return in an hour unless your foe is a weak in reasoning powers.
16. Your goal is to limit the momentum of the run. Not to tank the
company or create a plunge in the stock; be subtle and consistent.
17. Kill the dreams of profits, not the company or the stock.
18. Use questions to create critical thinking. Statements to
reinforce facts.
19. DO NOT LIE, NAME CALL or USE PROFANITY.
20. Encourage people to call the company. 99% won't. They'll take your word for claims made. If they do call you can always find something that is inaccurate in how they report their findings.
21. Discourage people from believing Press Releases.
Encourage them to call the company. They won't out of laziness.
22. If the companies history/PR's are negative constantly point to that. Compile a list of this data prior to beginning your efforts.
23. If the price rises blame it on the hype or the PR, temporary
mass reaction, the market, etc. Anything but the stock itself.
24. If other posters share your concerns, play on that and share theirs too.
25. Always cite low volume, even when it's not.
26. Three or four aliases can dominate a board and wear down the longs.
27. Bait the Longs into personal debates putting their
focus/efforts on you and not the stock or facts. Divert their attention from facts.
28. Promote other stocks that would-be investors can turn to
instead of the one your Bashing.
30. Do not fall for challenges on the "values" of what you are doing, it's a game and you are playing it with your own rules.
Grade 'A' Basher:
If you post lots of old news, respond to all positive posts with a negative side. Never respond to being called a Basher, never post on another board with same alias. Can spend up to 80 hours a week Bashing a stock.
Grade 'B' Basher:
Very good way with words, always claims to be your "friend" taking the positive poster into confidence, never posts on another board, spends about 60 hours a week.
Grade 'C' Basher:
Spends less time than the others but is somewhat effective and gets a C grade due to getting excited when Bashers rules say not to get excited, spends about 40 hours a week.
Grade 'D' Basher:
Needs to learn the basics about being convincing when making a negative statement. Spends a good amount of time working the stock, maybe 20 hours a week.
Grade 'F' Basher:
A complete idiot, most readers are not convinced he knows anything about stocks in general. The type that says a stock "sucks", but gives no rationale, shows up every so often but no regular schedule.
LEARN ABOUT HOW BASHERS WORK: For instance: did you know that some Bashers are paid?
Golden Rule:
IGNORE THEM ...learn how professional Bashers are paid: When you REPLY to Bashers you give them an opportunity to earn appox. 5-7 dollars. The service agreement they enter into with their employer states their messages will be monitored for content, profanity, lies, etc. but Overseers and the like don't have the time to check all their Bashers messages. Only occasional spot checks are done. Those who manage the Basher will generally read the headlines to see if a Basher is replying to other posters by name. That tells them the Basher isn't just "posting blindly" or repeating the same message over and over since they won't pay for those.(True to form a Basher will put the bite on anyone, even their unscrupulous employer). A Basher will attempt to milk three to five replies per post at one to two dollars each. This way the Basher spreads negative influence to as many stockholders as possible. A Basher will create this discussion thread because it takes less time reading more messages than is necessary. This ultimately allows the Basher more time to post and make money. In general, NEVER ENGAGE A BASHER. Make them read all the posts and think up ways to enter the discussion. NEVER ENGAGE A BASHER; if you do so then YOU BECOME THE BASHER,S AID! If you feel compelled to challenge a Basher do so without mentioning his/her true alias in your response. This will make it hard for the Basher to use your post as a revenue stream. Read the news, do your own homework and make your own decisions. Get real time quotes and follow the stock for a couple of weeks. Due Diligence is key here. Know that there will be a time when the stock runs up which will be followed followed by the Bashers and those that missed the boat. The Bashers will trash the stock by saying such things as "it's a Pump and Dump" and "the company is lying" and deceiving. There goal is to scare off newbies and potential new investors by "shaking" you out of your shares. Take the time to confirm your DD ,trust your own judgement and believe in yourself, pick your point of return or loss and live with it. Don't listen to hype or Bashers trust your own judgement. Live by the rules you have created .
HOW TO IDENTIFY A BASHER
1. Check the "Born on Date" Bashers create identities on a regular basis. Rarely do you find a Basher with older "Created On" date. So click on the Identity icon for more details.
2. Take the time to look at the Basher's history of Posts. Go to other boards and see if their is a pattern to the theme of the posts. Bashers rarely waste time trying to blend in with "positive" posts, unless they are cultivating a new uninformed assistant.
3. When did the Basher show up. Bashers rarely show up when activity is in at a Lull. They show up when activity up/down..
4. Bashers never answer direct questions except with another question.
5. Bashers do work in teams (sometimes themselves as a team). So be suspicious of someone showing up and automatically having a Shadow to converse with who supports their argument.
6. Bashers always select "an argument" that can never be resolved by research.
As I said I do not know how much of this is fact. But,IMO MGLG is a great opportunity for all of us to make a lot of money. There are plenty of stocks on the big boards that are not showing a profit, yet the stock prices keep going up, that is because people believe in them. This is a crap shoot, no matter what company you buy stock in. LOL
New TVA Electric Plant May Unlock STAT's Gas Potential
This on www.tennoil.com August News Letter
NEW TVA ELECTRIC PLANT MAY UNLOCK STAT'S GAS POTENTIAL- The recent announcement by TVA of plans to build a natural gas-fired electric plant in Rogersville, may lead to the development of Tennessee's substantial natural gas potential, according to TOGA president, Scott Gilbert.
In a news release from TOGA headquarters, Gilbert said, "TVA will need up to 160 million cubic feet of natural gas a day for the plant scheduled to come on line in late 2011. Tennessee is now producing about 16 million cubic feet of gas, but has immense potential for to produce a great deal more gas. At this time, we are producing oil and gas from just 11 eastern and middle Tennessee counties, but there is reason to believe that most other eastern and middle Tennessee counties have potential for the production of gas or oil," he added. Gilbert noted that while there are several shallow and deep horizons capable of producing oil and gas in Tennessee, the most potential lies in a shale formation, called the Chattanooga Shale.
"The Chattanooga Shale lies like a blanket under the entire Cumberland Plateau and Highland Rim of eastern and middle Tennessee and in scattered locations in the rest of East Tennessee, at a depth of less than 1,000 feet to more than 4,000 feet." Said Gilbert, lead geologist for Vinland Energy. He noted that the shale gets deeper as you travel east. This rock formation, called the Chattanooga Shale in Tennessee is similar to the Marcellus Shale of New York and Pennsylvania and the Huron Shale of Eastern Kentucky. All three are Devonian Shales and underly almost the entire Appalachian Basin from New York to Alabama.
"Geologists agree that as a resource, the shale is huge, but the challenges are many. Shales are different from conventional source rocks and we are just now learning how to unlock the shale's potential," he added. Gilbert noted that the "shale play" started with the Barnett Shale play in Texas nearly a decade ago. The Barnett field is proven to have 2.5 trilling cubic feet of natural gas and is estimated to contain as much as 30 trillion cubic feet.
"The economic success of the Barnett Shale which began production in 1999, has spurred companies to search for other sources of shale gas including the Antrim Shale in Michigan, the Fayetteville Shale in Arkansas, the Haynesville shale in Louisiana as well as the Marcellus Shale in Pennsylvania and now the Chattanooga Shale in Tennessee.
"The Chattanooga Shale is not as deep as the Marcellus. Deeper wells have higher pressure, which generally result in more production but also higher costs, Gilbert pointed out. However, the Chattanooga is certainly worth exploring for and producing. Several Tennessee companies already have commercially successful Chattanooga Shale wells, both vertical and horizontal. Now with a very large potential market for our gas to TVA, we lack only the infrastructure, which will come with the additional leasing and drilling we anticipate," Gilbert predicted.
The proposed natural gas plant is to be located beside the John Sevier coal fired power plant, which supplies electricity to upper east Tennessee. The purpose is to reduce the emissions from the existing plant. The large majority of the coal currently burned in the John Sevier Plant is imported from neighboring states. The new gas fired plant will allow the State of Tennessee to provide homegrown, clean burning natural gas. Which result in more jobs and an increased taxes going into state coffers in the form of severance tax from the production of the gas.
You may also want to look at www.citizensgas.org Future Expansion
Citizens Gas Utility District - Future Expansion
Rural Development Project Road Phases
Citizens Gas Utility District of Scott & Morgan Counties has filed an application for financial
assistance with USDA Rural Development for a Natural Gas Distribution System expansion
project in Scott and Morgan Counties. Citizens Gas Utility District is currently waiting approval
from USDA Rural Development. Below is a listing of the roads for Natural Gas Distribution
System expansion.
Morgan County
Phase One
- Hwy. 62 compressor to Fentress County line
- Barnett Bridge Road
Phase Two
- Miester Hills
- Twin Bridge Road
- Rome Road
Phase Three
1 / 4
Citizens Gas Utility District - Future Expansion
- Genesis Road
Phase Four
- Catfish Farm Road
- Fairview Road
- Millcreek Road
- Hwy. 62 to Montgomery Road
- Catoosa Road
- Island Ford Road
- Chestnut Ridge Road
- Abigail Trail
- Clarence Lee Road
- Frankfort Road
- Lee Road
- Fritts Road & David Miller Road
- Cassell Road
- Back Petros Road
- Pea Ridge Road
- White Oak Road
- Burrville Road
- French Hamby Road
- Ross Williams Road
- Jr. Cox Road
- Clear Creek Church Road
- Finish out Ridge Road
- Granville Howard Road
- Clyde Cooper Road
- Bill Hamby Road
- Big John Road
2 / 4
Citizens Gas Utility District - Future Expansion
- Peacock Road
- Doc Huling Road
- Charlie Jones Road
Scott County
Phase One
- Bud West Lane
- Lucust Lane
- Forest Lane
- Dexter Laxton/Ralph Hughett Lane
- Ditney Trail
Phase Two
- Rob Watson Road
- Clay Boyatt Road
- Alderville Road
- Adkins Trail
- Phillips Loop Road off Cherry Fork Road
3 / 4
Citizens Gas Utility District - Future Expansion
- Tunnel Hill Road at Robbins
Phase Three
- Pine Hill Road from Pleasant Grove to Bethlehem
Road
- Big Ridge Road to Grave Hill Road
- Clay Hill Road from Pleasant Grove to Bethlehem
Road
- Fed Phillips Road
Phase Four
- Ridge Road Starts at Jurgins Road 1.8 miles
4 / 4
We already know that MGLG is working in these area's, only makes sense that they will be bidding on more leases.
Skillen I saw this post last night. It looks good. But I went to the web site and I'm not seeing this. Is there another link for this updated info?