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.
15 cents to go!!
THE NEWS ABOUT CADDO IS GONE, WOW HOW COULD THAT HAPPEN??????????
SCAM
EFIR WHAT A LIE AND SCAM. ALL THESE PEOPLE INVOLVED ARE CROOKS AND SHOULD GO TO JAIL. THE MERGER THAT NEVER HAPPENED!!!! THE SEC IS WORTHLESS.
They took 1,000,000 shares and turned it into 20,000. The stock sucks!!! They should all go to Jail. I sent notice to the SEC. Also, there fake merger with Caddo international!!!! I have tons of those worthless shares also, but i bet they are all sitting by their pools laughing at all of us idiots!!
THEY HAVE FILED A 50 FOR 1 REVERSE STOCK SPLIT
SEC
News out: EGPI Firecreek Updates Acquisition Plans to Acquire Assets of Caddo International and Extend Timing for Completion Marketwire "Press Releases "
SCOTTSDALE, AZ -- (MARKET WIRE) -- 09/08/10 -- EGPI Firecreek, Inc. (OTCBB: EFIR) today announced updates on progress final stages of a Definitive Agreement to acquire Caddo International , an Oil Service company that currently services the Northwest Louisiana and East Texas regions of the United States .
As previously reported Caddo International has been in business for over 40 years as a production and service company, utilizing their own equipment and pulling units in order to provide oilfield services. The company produces revenues of approximately $2,400,000 per year with a positive net income, and assets of approximately 6 million dollars . Negotiations for the structure of the Definitive Agreement, as well as, due diligence for the acquisition, have been ongoing but have been extended due the schedules of both companies and inter related projects with Chanwest Resources, Inc. , a wholly owned subsidiary of EGPI Firecreek, Inc. Chanwest reports operations are ramping up nicely with recent DOT approvals, and entering cash flow positive status. The Company will update status of important events for Chanwest in upcoming news releases.
David Taylor , CEO of Caddo, stated, "We look forward to working with EGPI Firecreek, Inc. commandeering the acquisition and stage in processes with a goal to give the CADDO shareholders maximum return while creating minimum dilution effect to EGPI."
Dennis Alexander , EGPI's CEO, stated, "We are confident that once completed, the asset acquisition will play a valuable part in the continued growth of our oil & gas division."
About EGPI Firecreek, Inc.
HOW DO YOU ANNOUNCE YOUR BUYING A COMPANY (CADDO INTERNATIONAL) AND THAN NEVER TALK ABOUT IT AGAIN. HOW DOES 7-10 DAYS TURN INTO 2 MONTHS?
Does anyone know what happened to the deal with Caddo international that they said was going to happen a month ago?
Does anyone know what happened to Caddo international. The company announced this 3 weeks ago and it never happened?
I have 300,000, i will get something i hope.
I will take .10 a share
The deal for Caddo is still on, just waiting for press release.
From the company buying CADDO.
Yankee,
They are working on it. When it is complete you will see a press release on it.
On Thu, Jul 29, 2010 at 7:56 AM,
Joe,
It’s been way longer than 7-10 days, do we know when they will be announcing the deal? Please let me know.
Thanks
THIS IS THE NOTE I RECEIVED BACK FROM EFIR
YANKEE,
They are working on it. When it is complete you will see a press release on it.
On Thu, Jul 29, 2010 at 7:56 AM,
Joe,
It’s been way longer than 7-10 days, do we know when they will be announcing the deal? Please let me know.
Thanks
Does anyone know? It's been way longer than 7-10 daysEGPI Firecreek in Final Stages of Definitive Agreement to Acquire Caddo InternationalFont size: A | A | A7:00 AM ET 7/12/10 | Marketwire
EGPI Firecreek, Inc. (OTCBB: EFIR) announced today that it is in the final stages of a Definitive Agreement to acquire Caddo International, an Oil Service company that currently services the Northwest Louisiana and East Texas regions of the United States.
Caddo International has been in business for over 40 years as a production and service company, utilizing their own equipment and pulling units in order to provide oilfield services. The company produces revenues of approximately $2,400,000 per year with a positive net income, and assets of approximately 6 million dollars.
Negotiations for the structure of the Definitive Agreement, as well as, due diligence for the acquisition, have been ongoing and are now nearing completion. EGPI Firecreek anticipates finalizing the Definitive Agreement within the next 7-10 business days.
Dennis Alexander, EGPI's President, stated, "We are extremely happy to have created a great working relationship with Caddo International and its board of directors. A tremendous effort has been made on both sides in order to expedite the terms for the acquisition. We are confident that once completed, the acquisition of Caddo International will play a valuable part in the growth of our oil & gas division."
They came out and said it in public, if they back out now there should be a call to the SEC, for stock Manipulation.
Does anyone know what happened to this deal?
EGPI Firecreek in Final Stages of Definitive Agreement to Acquire Caddo International
Egpi Firecreek (BB) (OTCBB:EFIR)
Historical Stock Chart
1 Month : June 2010 to July 2010
EGPI Firecreek, Inc. (OTCBB: EFIR) announced today that it is in the final stages of a Definitive Agreement to acquire Caddo International, an Oil Service company that currently services the Northwest Louisiana and East Texas regions of the United States.
Caddo International has been in business for over 40 years as a production and service company, utilizing their own equipment and pulling units in order to provide oilfield services. The company produces revenues of approximately $2,400,000 per year with a positive net income, and assets of approximately 6 million dollars.
Negotiations for the structure of the Definitive Agreement, as well as, due diligence for the acquisition, have been ongoing and are now nearing completion. EGPI Firecreek anticipates finalizing the Definitive Agreement within the next 7-10 business days.
Dennis Alexander, EGPI's President, stated, "We are extremely happy to have created a great working relationship with Caddo International and its board of directors. A tremendous effort has been made on both sides in order to expedite the terms for the acquisition. We are confident that once completed, the acquisition of Caddo International will play a valuable part in the growth of our oil & gas division."
About EGPI Firecreek, Inc.
EGPI Firecreek, Inc.'s business and acquisition strategy is focused on both the vertical integration of enterprises serving the DOT Construction and Intelligent Traffic System markets alongside its wholly owned subsidiary M3, Lighting, Inc. (M3), and on oil and gas production with an emphasis on acquiring existing fields with proven reserves, the rehabilitation of potentially high throughput oilfields, resource properties and inventories, through its wholly owned subsidiary Energy Producers, Inc. (Energy Producers). EGPI Firecreek, Inc. is also looking to expand into Alternative energy sources as well as industries in the energy field. Other companies in the oil sector include Exxon Mobil, Pantina Oil and Gas Inc., Frontier Oil Inc. and Cabot Oil & Gas Inc.
This looks like the house CADDO INTERNATIONAL WAS RUNNING OUT OF BEFORE I LOST ALL MY MONEY. WHAT A JOKE, NOTHING ABOUT CADDO BUT A COMPANY KNOWONE WAS EXPECTING TO HERE ABOUT.
NICE STOCK PRICE!
WHERE IS THE BUY OUT OF CADDO INTERNATIONAL????
The SEC has no idea what I was talking about, this news better be true or someone should go to jail!
Dear Mr.
Thank you for contacting the U.S. Securities and Exchange Commission. I have searched our databases and have reviewed the Financial Stock Guide Service that contains a directory of actively-traded stocks and obsolete securities.
According to these sources, Caddo International is no longer in business. Unfortunately, there is no shareholder equity.
Sincerely,
Rinell Randolph
Attorney
Office of Investor Education and Advocacy
U.S. Securities and Exchange Commission
File Attachment:
Correspondent Name: Create Date: 7/14/2010
Origin: Web
Sorry,
David is president of Caddo international the company that is buying EFIR. The company was de-listed by the SEC, because of paper work issues for almost a year. We lost all our money, so all of us are waiting to see what we get in this deal.
Thanks
Being a Caddo international shareholder, I can't wait to get this stock. The only people making money is David Taylor.
I've had Caddo international stock for almost a year, delisted because the company could not get there records in order. BS
Now all the owners walk away with hundreds of thousands of dollars, and the stock holders of Caddo get this piece of crap stock.
I hope they go to hell!!
David Taylor-same guy caddo?
Entry into a Material Definitive Agreement, Creation of a Direct Financial O
Item 1.01. Entry into a Material Definitive Agreement.
On June 11, 2010, EGPI Firecreek, Inc. (the "Company" or "Purchaser") entered into a Stock Purchase Agreement, to be effective when completed as of June 1, 2010, by and among itself, and DAVID TAYLOR, a Louisiana resident ("DAVID"), WILLOIL CONSULTING, LLC, a Louisiana corporation, located at 2061 North Cross Drive, Shreveport Louisiana, 71061 ("WILLOIL") and together with UFS, INC., a New York corporation, located at 80 Orville drive, Ste 100, Bohemia, New York 11716 ("UFS") hereinafter sometimes referred to individually as a "SELLER" and collectively as, the ("SELLERS"), CHANWEST RESOURCES, INC., a Texas corporation, located at 8411 Sterling St. Ste 102, Irving Texas 75016 (the "CORPORATION" or "CHANWEST"), (the Sellers, the Purchaser, and the Corporation collectively referred to herein as the "PARTIES").
The Agreement calls for the following material terms:
I. Purchase of Stock and Purchase Price
1. The Company agreed to pay to the Sellers aggregate consideration delivery of:
(a) 22,946,859 shares of the Company's common stock issued to the Sellers pro rata based on their ownership in CHANWEST representing $95,000 in value ("STOCK CONSIDERATION").
II. Purchase Price Adjustment Mechanism
1. Of the shares to be issued to Sellers by the Company, ten percent (10%), or 2,294,686 shares shall be held back and not issued for a period of one hundred twenty (120) days from Closing (the "holdback period") and shall thereafter be issued to Seller subject to the following conditions having been met within the holdback period.
(a) The generation of gross revenues to CHANWEST of a minimum of $24,000 per week during the holdback period ($384,000 revenue target in total) with such revenues being derived from and produced by the activities of Mr. David Killian pursuant to the Employment Agreement described in Section 6.3 of this Agreement.
III. Working Capital Requirement
1. The Purchaser shall further provide working capital in the amount of One Hundred Twenty Five Thousand $125,000 with $70,000 due upon execution of the Agreement and $55,000 due within 30 days thereof or as mutually agreeable in writing signed by the parties hereto.
IV. Employee Bonus Pool
1. A pool of shares of the Purchaser's common stock, the amount to be agreed upon by both the Purchaser and Seller but not to exceed 500,000 shares or more than .5% (one half of one percent) of the Purchasers stock, whichever is lesser, shall be made available for distribution to employees of the Corporation at the first anniversary of the Closing in an incentive stock option plan for the benefit of certain employees of the Companies designated by the Sellers, with an exercise price not to exceed one hundred and ten percent market price on date of issuance. The pool of shares will be determined to be available based on the Corporations ability to earn a minimum of $300,000 before interest, taxes, depreciation and amortization.
A copy of the Stock Purchase Agreement which include the material terms, and its related attachments, are attached as exhibits to this report.
BUSINESS
I received this note from the company;
I am not privy to the details of the transaction. However, when one public company buys out another public company, there is normally some type of exchange of shares between the two company whereas the shareholders of the company being bought out receive shares in the surviving company. Once the transaction is completed then take a look at the filing to see how this matter, as it pertains to you, is addressed.
Regards,
caddo international is still a public company? If someone is going to buy them doesn't that include the outstanding stock. I would think you can't delist a stock, and than sell the company without making an offer for the outstanding stock, but this is America, anything is possible.
The company needs to market the company again. Maybe the SEC needs to look into stock manipulation. How can a good company go from .45-.04, I lost everything. This company changed names 8 times since 1992.
SEC SEC SEC, i want my money back!
Message sent to David;
David,
We are going on almost a year now with no end in sight. Can you please let the shareholders know what is going to happen to our money? We are all getting upset with all the lies that are going back and forth. Please give us a DATE, when you will start trading again. I find it hard to believe that it would take so long to get your PAPER WORK in order. All the shareholders have lost a great deal of money, and I think since your still in business making money, we should be able to get ours BACK.
Thank You
Signed
THERE WERE 900,000 SHARES SHORTED ON A GOOD COMPANY. THEY WERE WAITING IN THE WINGS TO TAKE IT DOWN. THIS IS A GOOD COMPANY, THE STOCK PRICE WILL COME BACK.
GLFW has 4 major projects all in the final stages that when officially announced should garner a massive amount of attention from investors.
1.) Assisted Living Facility:
GLFW is in the final stages of negotiation for the development of an assisted care facility in North Tampa. Architectural and engineering is currently in process for a 200-bed facility located in North Tampa, Florida.
With tens of millions of Baby Boomers approaching retirement age, many of which require medical or personal care, assisted living facilities are expected to see record growth over the next decade. There are currently over 80 Million Baby Boomers in the U.S., representing the largest percentage of the current U.S. population.
It is projected that over 55 million Americans will need assisted living facilities over the next 12 years. A 200 bed assisted living facility is more than twice the size of the average facility, recognizing a much larger profitability than the average facility.
2.) Affordable Housing Projects - Backed by FHA loans:
Affordable housing is becoming a big money maker for developers right now due to the Obama administration doing everything they can to spur housing growth. With FHA approved loans being the easiest loans to approve by lenders, not to mention massive tax breaks and first time buyer incentives, affordable housing is becoming a key focus for developers looking to profit.
GLFW is about to announce 2 projects in final negotiations for affordable housing. The first is on a 40-acre property that has been approved for GLFW to build modular homes. The company has been able to capitalize on reduced construction and labor costs to build modular homes ranging in size from 1700 - 1900 sq feet, complete with fireplaces, jacuzzis, and garages for a starting price point of $109,000!
The cost per square foot of these brand new homes is comparable in price to renting a 2-bedroom apartment in the same area!
The second project is located in South Brandon, Florida. GLFW has been approved to construct affordable townhomes, with mortgages backed by the U.S. government. With building materials and the cost of labor at an all time low, GLFW is able to have a sale price of $120,000 per unit!
Rather than selling at $240,000, GLFW is has cut the price by 50%, while still maintaining the same profit margin for the company and its shareholders that was originally projected before the housing market tapered off.
Both of these properties qualify for FHA loans, which currently make up the vast majority all home loans in the U.S.
3. The Mc Kay Bay Community:
GLFW is now in final negotiations for construction of 103 units to be constructed on Mc Kay Bay in South Tampa. The community is slated to have over 100 town homes, 30 of which are right on the water.
When the project was originally slated in the fall of 2008, the homes were planned for 3,500 sq feet and priced at $650,000 due to their prime location. The re-structured plan now slates the units at 2400 sq feet with a retail price of $249,000!
GLFW has re-structured the project and due to record low costs of building materials and labor, the company is able to keep the profit margin exactly the same as the original $650,000 projected price, while pricing the properties at a 'quick-sale' price of only $249,000!
Imagine a brand-new home on beachfront property, for the same price as a 3-bedroom apartment in the same location!
4.) $90 Million Dollar East Lansing Project:
GLFW is currently in the final stages of negotiations for a development in East Lansing Michigan (across the street from Michigan State University) to redevelop a 5-acre site within walking distance of the university. They just signed a letter of intent to purchase the site, and are in the process of final approval on what will be a $90 Million Dollar project when completed!
The development will include a 90-room hotel, a 240-unit student apartment complex, as well as 60 live/work lofts, all across the street from a major university. This is prime real estate, and GLFW was able to negotiate this purchase for pennies on the dollar!
GLFW has the kind of aggressive attitude I like from a company. Capitalizing on unbelievable deals while the market is slow, but at the same time structuring them to be profitable even in the current real-estate market.
This isn't just a company that is buying property and sitting on it, waiting for the market to pick up. They are acquiring properties at bargain-basement prices, and then structuring them properly for quick sales and big profits.
At the current price of $0.40 a share, I believe GLFW is a steal, and I would not be surprised to see this stock double over the next week once these announcements start reaching the public.
I would keep a close eye on GLFW because I really believe it will be a huge winner for us. I expect it to start moving as early as Monday, and hopefully we'll get a chance to snatch it at a good price before it really starts moving.
I'll touch base with any more news I find out about, otherwise have a great weekend!
BUY BUY BUY IT SHOULD GO BACK UP BY THE END OF THE MONTH!!
Did he give you a month or year when he thought it would be completed? The biggest jokers are the SEC, they never write you back or take your calls. They are worthless with helping the individual investor//
Nice, What a surprise they didn't answer the email.
Thanks, you made me laugh.
What is there email address?
Can someone call David Taylor again, and see if the doors are even open?
This is a good company, the people that did this should go to jail. I hope people start buying the company.
lost everything, very sad. This is a good company. How can this happen.
Global Health Ventures Signs Letter of Intent With Pacific Therapeutics on a Novel Therapy for Pulmonary Disease
Global Health Vntrs (BB) (USBB:GHLV)
Intraday Stock Chart
Today : Monday 21 June 2010
Global Health Ventures Inc. (OTCBB: GHLV) (the "Company"), a specialty pharma company focused on life style products is pleased to announce that it has signed a binding letter of intent ("LOI") with Pacific Therapeutics Ltd. ("Pacific") a specialty pharma company focused on pulmonary diseases including asthma, idiopathic pulmonary fibrosis and acute respiratory distress syndrome (ARDS).
Under the terms of the LOI, the Company will pay Pacific an upfront fee, milestone payments for key clinical and regulatory achievements, and royalties on potential future sales. The Company and Pacific will share responsibility for all future clinical development and the commercialisation of PTL-202 (a novel patented therapy) on a 50/50 basis. PTL-202 is a combination of two drugs that are FDA approved for the treatment of diseases other than pulmonary. In an experimental model of chronic lung fibrosis, the drug was shown to be effective at measurably reducing indicators of fibrosis.
Mr. Doug Unwin, Pacific's President and CEO, commented, "The LOI is an exciting validation of our technology and strategy. Global Health Ventures focus on reformulation and drug delivery, combined with their expertise in allergy; inflammation and clinical development make them an ideal partner for the co-development of PTL-202."
Dr. Hassan Salari, President and CEO of the Global Health, commented, "PTL-202 represents a novel approach to the treatment of fibrosis and other lung diseases and one that may provide significant advantages over the use of steroids that are known for their limited effectiveness and adverse events. This agreement represents an expansion of the Company's specialty pharma strategy of reformulation and repurposing approved drugs."
ABOUT PACIFIC THERAPEUTICS LTD.
Pacific Therapeutics is a private, development stage specialty pharma company focused on the identification and development of drug candidates to treat pulmonary diseases and fibrosis. Its strategy includes reformulating approved drugs to increase efficacy and patient compliance, completing the further clinical testing, manufacturing and other regulatory requirements sufficient to seek marketing authorizations in the Europe, the United States and other countries worldwide.
ABOUT GLOBAL HEALTH VENTURES
Global Health Ventures is a specialty pharma focused on the life style products. The company has a new proprietary platform technology for drug delivery via the sublingual (under the tongue) route. This unique method delivers drugs to the bloodstream quickly with minimal drug breakdown in the liver or gastro-intestinal system, a process that can greatly reduce side effects associated with the drug. The Company's lead therapeutic product is a male sexual enhancement drug that is delivered via sublingual route and is called X-Excite. In experimental studies, X-Excite has been shown to reach blood stream rapidly, producing maximal effect and having less of the unwanted side effects which are associated with the standard oral administration route drugs. X-Excite is presently in clinical trials in Europe. The Company also uses the same technology to deliver a vast number of other FDA approved drugs where they are needed to act rapidly. These include, stress relief, sleeping disorders, pain killers, anti-allergy medications, energy boosters and addiction replacement therapies.
Notice Regarding Forward Looking Statements - This press release includes forward-looking statements that involve a number of risks and uncertainties, including the success of the products in commercializing and developing. Further, the risks involve the ability of the Company to raise capital to fund its operations and the capital requirements for the development and marketing of its products. Investors are encouraged to review the risk factors listed or described from time to time in the Company's filings (10K) with the Securities and Exchange Commission.
Contacts:
Global Health Ventures Inc.
Nick Lodaya
Investor Relations
1-877-448-4620
nlodaya@globalhealth3000.com
www.globalhealth3000.com
Pacific Therapeutics Ltd.
Douglas H. Unwin
CEO & President
(604) 738-1049
Unwin@pacifictherapeutics.com
www.pacifictherapeutics.com
The company should find out who this is, and go after them. The companies earnings are very good this stock should be over a $1.00. Every time it goes up, the stock get shorted. This should not be aloud for stocks under $5.00.
This is a good company that is making money. Someone should go to jail. I lost a lot of money.
PSP Members-What a joke