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sometimes we dont have all the answers, but i know i wont sell my shares for some time , by june we should no how many thousands to be made, or if we took a wrong path, we have 3 months to find out, and i dont belive it would be a wrong path, it just may not me .40cent a share or 5.00 dallers a share it may at worst be a nickle? who know, but its woth the wait for me.
and with ALL paid advertising you must put a disclaimer ,its the law, with PFNO side effects may include lots of money or hard time sitting due to a thick wallet in some cases hard time breathig due to the possabilty of making lots of money if Symptoms continue not to worry they are normal.
this was from DrStockPick.com
Keep a close eye on PFNO from now on!!! The stampede of black gold could be coming!!
Ready for a new week?
Saturday April 3, 2010
DrStockPick.com Stock Alert!
**************************************************************
PFNO, ParaFin Corporation, PFNO.PK
PFNO and a Private Equity Firm have both signed a Term Sheet whereby the Private Equity Firm, based out of Wilmington, DE, will commit to purchase up to $6M USD of shares of common stock of Parafin. The investor is a private equity firm that invests capital into companies in the emerging markets. They have invested in over 100 public and private companies in various sectors including oil and gas, communication, arts and entertainment, services and medical sectors.
Keep a close eye on PFNO from now on!!! The stampede of black gold could be coming!!
More about PFNO at www.parafincorp.com
he is quick with the ansewrs
his reply is:
Once the deal is finalized, Parafin will draw the money as deemed necessary for operations. It won’t be all at once. There is no timetable set yet
i have some emails coming my way from pfno, one of them they wanted me to re ask the question for clarifaction so i did will no something soon. the question was about the $6,000,000 in common stock that would be purchased
looking good more stock pics from the news.
OTC Tip Reporter: Reports Stocks To Watch For March 31, 2010 Are, March 30, 2010 - AccessKey IP, Inc. (OTCBB: AKYI), March 30, 2
Posted on: Wed, 31 Mar 2010 13:30:59 EDT
Symbols: AKYI, GRBG, PFNO
This is from quote.com out of GERMANY, the world is watching
Wednesday March 31, 2010
OTC Tip Reporter: Reports Stocks To Watch For March 31, 2010 Are, March 30, 2010 - ParaFin Corporation (Pink Sheets: PFNO), March 30, 2010 - Pepper Rock Resources Corp. (OTCBB: PEPR), March 30, 2010 - Imaging3(TM), Inc. (OTCBB: IMGG): Sign Up Today!
15:03:00 EDT
OTC Tip Reporter: Reports Stocks To Watch For March 31, 2010 Are, March 30, 2010 - AccessKey IP, Inc. (OTCBB: AKYI), March 30, 2010 - SatMAX Corporation (Pink Sheets: SATM), March 30, 2010 - ParaFin Corporation (Pink Sheets: PFNO), March 30, 2010 - Green
13:30:00 EDT
you beat me to the punch good work, somthing big might me going on?
://WWW.PARAFINCORP.COM. Site currently under construction. Please try again later. Thank you.
www.parafincorp.com/
this stock is a sleeper, no on knows about it YET, this gives us more time to take advatage of it,
Here are some turning point dates to look forward to , 06-16-2010
for sure, also when we go from the pink to the bulliton board soon, also when the bonds are proven to be true, also when the $6,000,000 in COMMON shares get bought, that money was part of a deal to help get this project going, and that will make some huge movment, and the 2D and 3D work that will be going on, and there first well that will be drilled at the end of summer every one of these events lie just ahead, for me i am holding strong, and if it the shares get cheaper, more power to me, because im buying more to my advantage, for me this is a opportunity.
is that crickets i hear , shur is quiet.
not worried here, i know were this stock will be in the soon future, if it keeps getting waked down , then take advantage of the sitsuation, im depositing more money on my account asap , that way if it keeps going down i will buy at bottom, if it starts to go up, then i will hold with what share i do have,
its a win win
in a twisted way, i think i would like to see this stock go to .005 for selfish reasons only and that is to get twice as many shars as it would cost now, lets face it this stock will be in the dollers sooooon
they responded to my email from yeasterday, it looks real good.
read below.
from Shane Lefever [slefever@wakabayashifund.com]
David,
Sid asked me to respond to your email below.
As the press release stated, the company will be moving to the bulletin board in the near future. It will take a bit of time to get there.
And yes, the bonds are still happening. We put out a press release so we could try to address the bonds as so many people were asking questions and now everyone is focused on those instead of what the company’s actual business is…drilling for oil. As we have stated, we will only put out information when it becomes available. We will not be doing press releases just for the sake of doing them. The company is working diligently on bringing resolution to the bonds. When there is further information, the company will make it available.
Thank you for your inquiry
still here, come on pfno
this sight has been so quiet i thought i would give you something to read , enjoy.
Gas In Paraguay
19 July 2009
Why Is There No Production?
Many people have asked the question; “Why is there no oil or gas production in Paraguay?” They reason that there should be as there is production of both in Bolivia immediately to the west and at Palmar Largo in Argentina, a few kilometers south of Paraguay. The reasons are a combination of technical and financial factors. The oil companies that conducted the exploration in years past did not continue with their exploration efforts because:
i) they did not satisfy the parameters of the geologic model of large producing wells which they were pursuing;
ii) they lacked the computer technology to interpret their exploration results as can be done today;
iii) they had other interests to pursue in the Gulf of Mexico, the North Slope in Alaska and the North Sea in Europe;
iv) the price of oil in the period 1971 – mid 1973 was in the range of $2.00 - $3.00 per barrel rendering questionable economics;
v) there were no markets for gas which was trading for $0.15-0.25/mcf;
vi) there was limited infrastructure in the Chaco, and
vii) Paraguayan politics at that time were not encouraging for investment by foreign corporations.
Comparison to Bolivia & Argentina
Bolivia and Argentina both produce from the same geological formations as exist in Paraguay. For over 70 years Bolivia has produced oil and natural gas from the same geological formations that underlie the Paraguayan Chaco Basin. Oil is being produced in the Palmar Largo field of Argentina 3 km south of the border with Paraguay. Given the similar geological settings, and the fact that the bulk of the Paraguayan Chaco Basin is unexplored, the potential for large hydrocarbon reserves as exist in the neighboring countries would appear to be an excellent possibility.
History
The first exploration well drilled for oil in Paraguay was in 1947 and the latest in 2005. In the intervening 58 years an additional 47 wells were drilled by several international oil companies who carried out preliminary seismic and exploration drilling and two private Paraguayan companies. During that same period 12,085 km of 2-D seismic data acquisition was conducted. A recent survey acquired an additional 950km of 2-D data.
The Potential of Paraguay
The Chaco Basin is a large sedimentary basin located predominantly in northwestern Paraguay and southeastern Bolivia. The Paraguayan Chaco Basin(1) remains one of the world’s last minimally explored onshore hydrocarbon areas. Reprocessed seismic data since 2001, recent concepts in seismic stratigraphy and the analysis and interpretation of multiple data bases from several previous operators allowed for positive revisions to the geological model and hydrocarbon assessment of the Paraguayan Chaco Basin. The revisions confirmed that five important aspects which are indicators of potential commercial hydrocarbons are present in the Paraguayan Chaco Basin. They are:
i.) adequate hydrocarbon sources,;
ii.) reservoirs;
iii) seals;
iv) trapping mechanisms, and;
v) migration timing.
The recoverable potential in that area of the Paraguayan Chaco Basin located east of the current production in the Bolivian Chaco Basin2 has been estimated at more than 4 BBOE3 (billion barrels of oil equivalent). a consequent reduction in hard currency purchases from abroad. Additional refining capacity would be needed to meet the country’s need for products, provided any oil reserves discovered are large enough to produce oil and feed a new refinery for a sustained period of time. It will take time and considerable high risk expenditures to reach the point to justify the substantial added investment.
Several factors render the Paraguayan Chaco Basin attractive for hydrocarbon exploration and development. These include larger and growing markets for hydrocarbon products both domestic and for export to countries such as Brazil, Argentina, Chile and Uruguay, significantly increased oil and gas prices since the early 70’s, improved infrastructure in the Chaco and decades of exploration success and production from the Bolivian Chaco Basin which is regionally down dip of the Paraguayan Chaco Basin and a positive change in the political climate. Additionally, new production techniques in the US Permian Basin, the Canadian Montney area in Alberta and British Columbia and elsewhere demonstrate that formations having similar properties to those found in the Paraguayan Chaco Basin are commercially viable. Paraguay also has a favorable hydrocarbon law wherein concessions are granted and guaranteed by Congress. Tax laws for investment by foreigners offer benefits conducive to the high risk nature of oil and natural gas exploration and development.
It is hoped that with drilling exploration wells for natural gas by any of the active exploration companies, commercial quantities of natural gas will be discovered to develop a natural gas industry. If such were to happen it could be possible to develop the gas fields and construct the pipelines needed to export gas to Argentina, Brazil, Chile and Uruguay as well as produce natural gas for domestic use and downstream products.
The Significance For Paraguay
The Hydrocarbon Law 779/95 is an excellent law to attract the substantial amounts of high risk foreign investment required to explore and if commercial reserves of oil and/or natural gas are discovered to develop these hydrocarbons and build a vibrant industry. It is important to encourage the foreign investors to continue to invest in the country.
Outlook
A number of external factors have come together at this time to provide many opportunities for growth for the fledging hydrocarbon industry in Paraguay. These include higher gas prices regionally coupled with increasing demand, particularly in Argentina, Brazil and Chile, all of which are planning to import LNG at world prices and at great capital costs.
In order to develop the industry many Paraguayan workers will be required. They will need training in various sectors of the industry such as drilling, building and maintaining production facilities and pipelines and gas transmission infrastructure. It will also be necessary to educate and train geologists, engineers, technicians, computer programmers, accountants and many specialists in the specific needs and skills of the oil and gas industry. This means long term and well paid jobs for workers as well as an increase in taxes and royalties for the government. Close cooperation and open dialog between the government and the industry can assure that the employment opportunities for those who choose to develop a career in this new frontier will be filled by Paraguayans.
Paraguay consumes the equivalent of ~30,000 barrels of oil per day as refined products such as gasoil, gasoline, lubricants, airplane fuel, etc., all of which are imported from abroad. It is hoped that with proposed drilling by CDS Energy in 2009 there will be success in finding oil in commercial quantities that can be produced for refining at the Petropar refinery at Villa Elisa, near Asuncion. This would result in a reduction of refined oil imports and
(1) That portion of the Chaco Basin located in Paraguay.
(2) That portion of the Chaco Basin located in Bolivia.
(3) Estimate made by Earth View Associates of Houston, TX and USGS reserves estimates from: U.S. Geological Survey World Petroleum Assessment 2000, copied from a public presentation with permission from the Vice Ministry of Mines and Energy of the Government of Paraguay.
This article has been prepared by Quincy Energy S.A., a Paraguayan oil & natural gas exploration company with properties in the Paraguayan Chaco Basin. For information contact info@quincyog.com
food for thought of a company in paraguay
AND GAS GROUP PLC
(CDS:London Stock Exchange)
LAST 2.38 GBpCHANGE TODAY 0.00 0.00%VOLUME 0.0CDS On Other Exchanges
As of 11:30 AM 03/29/10 All times are local (Market data is delayed by at least 15 minutes).
SnapshotNewsChartsFinancialsEarningsPeopleTransactions
Snapshot of CDS OIL AND GAS GROUP PLC (CDS)
OPEN2.38 GBp PREVIOUS CLOSE2.38 GBp
DAY HIGH2.38 GBp DAY LOW2.38 GBp
52 WEEK HIGH10/12/09 - 5.75 GBp 52 WEEK LOW04/6/09 - 2.25 GBp
MARKET CAP2.9M AVERAGE VOLUME 10 D60.2K
EPS TTM-0.02 GBp SHARES OUTSTANDING123.4M
CDS Does Not Pay Dividends P/E TTM--
K = Thousands M = Millions B = Billions
CDS:LN Historical Stock Quote
CDS:LN Advanced Stock Chart
CDS Details
CDS Oil and Gas Group Plc engages in the exploration and development of oil and gas properties primarily in Paraguay. The company holds contractual rights in respect of three blocks of property covering 2.9 million hectares in the Chaco region of Paraguay. Its portfolio includes the Gabino Mendoza block covering an area of approximately 40,000 hectares; the PG & E block covering an area of 491,077 hectares; and the Boqueron block with an area of 800,000 hectares. The company was founded in 2003 and is based in London, the United Kingdom.
Detailed CDS:LN Company Description...
www.cdsogg.com20 EmployeesFounded in 2003
CDS Top Compensated Officers
No compensation data is available at this time for the top officers at this company.
Executives, Board Directors
Key developments for CDS OIL AND GAS GROUP PLC (CDS)
CDS Oil & Gas Group Plc, Annual General Meeting, Jul 24, 2009
07/24/2009
CDS Oil & Gas Group Plc, Annual General Meeting, Jul 24, 2009
CDS Oil & Gas Group Plc Auditor Raises 'Going Concern' Doubt
07/3/2009
CDS Oil & Gas Group Plc filed its Annual on July 03, 2009 for the period ending December 31, 2008. In this report its auditor, BDO Stoy Hayward LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
CDS Oil & Gas Group Plc Announces Investment in Paraguay
10/14/2008
CDS Oil & Gas Group Plc has announced plans to invest in Paraguay. To date the company has invested more than USD 30 million in Paraguay, and will be investing a further USD 18 million on an upcoming drilling programme.
In partnership with CapitalIQ, a division of Standard & Poor’s
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CDS:LN 2.38 GBp 0.00
newer phone number for sid is 1-877-613-3131 i also left message there
i sent Sid a email on some questions, will fill you in when he responds, last week he did respond as well, hope for good news.
think about it we were around 6 million to 16 million a day and much of it were buys no one is selling the last few days we were only in the thousands on trading and its only the small trades that has brought the price down, the outher 100 million buys are people who are keeping there shars for our soon to be BIG MONEY.
Im holding long. a while ago i bough cdiv at .4 cents held it it went down got scared and sold at .2 cents its now over 40 cent a share all with in a few months lesson learned , look at all the outher oil companys they are between $20.00 to $80.00 a share, when i asked sid if we can se 5.00 a share, he said he was not alowed to speculate, but he did say he planes to be one of the bigger oil producers , and he told to look at there stock price, thats what im talking about.
this is our calm before the storm
his responce was 9am yesterday to me after i shot two emails to him , i dont see any new news yet
From: Neidenbach, David [mailto:David.Neidenbach@usfood.com]
Sent: Friday, March 26, 2010 7:38 AM
To: ceo@parafincorp.com
Subject: FW: Any news coming out and when can we expect it
Importance: High
Sid Fowlds [ceo@parafincorp.com]
News release today but not about Bonds
his sell phone has been disconected, probably every one in the world has been calling him, so i shot him a email this morning
soon as i get a reply i will let all know.
also i cant belive a $12.00 transaction could drop our stock from .014 to .013
all good info, you seem like a direct person , you should call sid in the morning. will you?
it is somthing new to tear up, not realy i was doing some research on ET CAPITAL what is now ParaFin Corporation and found some info, i just thought that sid has ways to make money happen.
..
food for thought, sid is a hard working man.
The Company owned the rights to several toll-free telephone numbers, including 1-900-REPUBLICAN and 1-900-DEMOCRAT. Back in 1999, eCom.com began touting a plan to license those telephone numbers to the Republican and Democratic parties for fundraising purposes.
According to eCom.com's Chairman, Sidney Fowlds, politicos could raise as much as $23 million a month if just 10% of registered voters called the 900 numbers. That would have translated into profits of $2.5 million a month, or $30 million a year, for eCom.com. It soon became obvious that the concept could not surmount one fundamental obstacle –900 numbers might have sold sex but politicians were not ready to sign up for the Company's plan. The Company had a story to tell and the 900 numbers to sell, but no customers for its services, and none of the projected revenues.
On April 21, 2006, the Company executed a Letter Intent with a Bahaman company, International Project Finance and Investment Corporation (IPF), which was acting on behalf of Oy Coral Marine Management Ltd., a company organized under the laws of the Russian Federation. On May 10, 2006, the parties entered into a definitive agreement which provided for ParaFin to acquire 12.2 million metric tons (the equivalent of 89,426,000 barrels) of REBCO crude oil in exchange for 536,000 shares of ParaFin's Series A-1 Convertible Preferred Shares, less a $5 discount per barrel to be retained by the Company.
The Series A-1 Convertible Shares have a par value of $10,000, bear interest at a rate of 8% and earn dividends of $800 per year (which may be paid in shares of common stock and will increase if they are not paid annually). The Series A-1 Convertible Shares may be converted into approximately 500 million shares of common stock over time based upon a convoluted formula which provides for a substantial discount from the market price for common shares (although the number of conversion shares may increase or decrease depending on a variety of events including the issuance of additional shares by the Company). Upon conversion, the holders also will receive an equivalent number of warrants to purchase additional shares of ParaFin common stock at $5 per share. The Company has agreed to register those underlying common shares under several scenarios which include a request from holders. An April 27, 2006 press release acknowledged some implications of the transaction. The Company noted that Oy's "Management" and its "Joint-Venture Partners" will "join in the control of ParaFin" if the preferred stock is converted into common shares. That may be something of an understatement. Approximately 69 million shares of ParaFin common stock were outstanding as of March 31, 2006. Consequently, if the preferred shares are converted into roughly 500 million shares of common stock, the Oy group will control a solid majority of the outstanding shares and assume control of the Company.
also think of this 2,000,000,000 barrels of oil at $80.00 plus
equals $160,000,000,000 cash, or oil could be $100 to $150 a barrel twice as much cash at time of drilling ect , the 3.6 billion in bonds looks small now, also sid said he would not tell what bank is responsible for cashing in the bonds, outher than it was a top 10 bank in the world and it is European , i dont know much about banks is ING European, so what if they are sid never said it was????
thanks Mihalyo, also if you go to parafin corp web site, sid is no young whipper snapper, sid was born in 1940, that puts him 70 years young, he is most likly old school when it comes to transaction, this coming up news i quote from sid " we may have a statment of a recept of the forencic work done on the bonds" i only state the facts i hear from sids personal conversations to me please give him a call, in the past i lost much money following advice on this site due to speculation, what is always a gamble, but with this stock i see value in it so i went to the horses mouth, you all should to, if sid is correct in what he told me, we are in good standing.
i spoke to sid, he told me they do hold them personaly , not the bank.
also when speaking with sid this morning i said if every thing goes well we could see this stock hit $5.00 right, and he said he is not alowed to give out informations on speculation ect but he asked if i watched the video on the new web site, he did say in the video that a 2 billion barrels of oil is what could put this company right up with the top leading oil producers, as in hint hint there stock portfolios are big, im not sure if the video tells us what oil companys he is refering to, i will take a second look and find out.
the new web site is www.parafincorp.com
or just type in parafin corp
just got off the phone with sid, most likeley news this week, the news should tell that they have a recept of the works that was done by forensic workers on the bonds to conferm that they are real, he could not tell me what bank will be cashing them in , but he told me it was in the top 10 banks in the worlds and that it was European, he also chuckled when he was wathching the market, and noticed a few big sell off, he said those sellers must not be paying attention to the news.
sid cell# 1-213-985-3136
i spoke to sid on thursday, he plans to send out new news some time next week, we would not let me know if it was regarding the bonds, i did notice on the new parfin corp web site that they now have there stock market chart since they are re instating there shares.
i have 100% faith that in the next 6 months i will make enough money on pfno i will be retiring very young, the bonds are a perk, the oil is were it will be, texas tea , well the first thing you know ill be a billionair, and move to califorina, ow i do live in california, who is going to be rich on this stock ? i am.
new on board, i have been watching for quiet a while, i have spoke tho the CEO sid three times this week, all has come true, i know we wanted to here about the bonds, he confermed they are true today, also when the info comes avalable he will pass on, he said if it was not true he would not post it, also he told me that more news will be out next week. and eveyone please dont entertain the bashers it only makes them feel good, there like a bad dog, you give them any attention they come back, you dont speek to them they go away, so be smart, i have alote of $$$$ wraped in this and i would like to retire, and so would you .