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i see, thank you
where you see scottrade ask .0192? my scottrade showing bid .0031 ask .0033
After some DD I have conclude that this company is among the top ten WORST of 2014. El Magnate is never wrong.
PTOG Security Details
Share Structure
Market Value1 $855,000 a/o Jan 03, 2014
Shares Outstanding 114,000,000 a/o Nov 30, 2013
Float 81,500,000 a/o Nov 30, 2013
Authorized Shares 750,000,000 a/o Oct 18, 2013
Par Value 0.001
Shareholders
Shareholders of Record 339 a/o Sep 10, 2013
Security Notes
Capital Change=shs decreased by 1 for 40 split Pay date=05/23/2007.
Capital Change=shs decreased by 1 for 100 split Pay date=11/05/2008.
Capital Change=shs decreased by 1 for 300 split, payable upon surrender. Pay date=06/15/2009.
Capital Change=shs increased by 20 for 1 split Ex-date=01/12/2010. Rec date=01/11/2010. Pay date=01/11/2010.
Capital Change=shs decreased by 1 for 2233 split. Ex-date=01/30/2013.
Short Selling Data
Short Interest 0 (-100%)
Dec 13, 2013
Significant Failures to Deliver No
Transfer Agent(s)
Guardian Registrar & Transfer, Inc.
PTOG Enters into Negotiations for Latest Biodegradable Material for Oil Treatment Industry
PR Newswire
BEDFORD, Texas, January 2, 2014
BEDFORD, Texas, January 2, 2014 /PRNewswire/ --
PetroTech Oil and Gas Inc. (OTC: PTOG) (the "Company" or Petrotech") today announced That PTOG is in negotiations with a major Service Company in the Oil Field Service Industry to establish an exclusive area in this multi-billion dollar industry, to utilize and market new completion technologies that will work with our current technologies. These technologies replace toxic and harsh chemicals; they are green and environmentally, friendly. They also will eliminate some of the dangers in the industry. Recently workers were killed applying chemicals to a well; the products we will be providing are more effective and food grade approved by the FDA.
Eddie Schilb says, "We believe we will have an agreement in place by the middle to end of January, with the holidays and recent ice storms along with harsh weather in our areas past; we believe we can start back to work on Navarro County."
PTOG has recently executed an LOI to acquire some producing wells approximately 15 miles from our current wells in Navarro County. The lease has two profitable producing wells; that we researched and viewed the last three years production history. This could put a net of $12,000.00 a month into the company. The lease also has multiple drilling locations in multiple formations. The transaction would be approximately 40% stock and require the balance in cash.
About PetroTech:
PetroTech Oil and Gas, Inc. uses multiple patent technologies for Enhanced Oil Recovery and in some cases will use their new pumping system co developed by PetroTech. We will use this patented technology with other proven technologies currently used in the industry to drill, complete equip new drill wells and older wells with secondary production opportunities.
For more information please go to our websites, which can be found at: http://petrotechog.com
Certain information discussed in this press release may constitute forward-looking statements within the Private Securities Litigation Reform Act of 1995 and the federal securities laws. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions at the time made, it can give no assurance that its expectations will be achieved. Readers are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements are inherently subject to unpredictable and unanticipated risks, trends and uncertainties such as the Company's inability to accurately forecast its operating results; the Company's potential inability to achieve profitability or generate positive cash flow; the availability of financing; and other risks associated with the Company's business. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
Big Oil, Still Under 1 Thin Cent!
Good Morning, Trader!
Short and simple: Petrotech Oil & Gas Inc. (PTOG) was a big star for us last year and I’m afraid some of you took it off your radar too soon.
PTOG is the stock that delivered a 200% ride in September, then beckoned traders to a few 2-digit “parting gifts” in the weeks that followed.
All in, this chart has been a THREE-BAG powerhouse in the last four months. I’ve circled the last 75% lift here for those who forgot the fun:
NOW you recall when PTOG leapt all the way to the front door of a lofty 2 cents, right? One-day turnover: 20 MILLION shares!
That was the last time I had this kind of feeling about PTOG and you guys got the alert early enough to reap big rewards!
Back then, the technicals looked about as “oversold” as they did last night so the potential is here for another easy-and-simple surge.
The 50-day trend is a full 20% above us at 1 round penny. Coincidentally enough, PTOG hasn’t even touched that line in weeks, making “reversion to mean” action statistically more likely here.
FINRA says the shorts have been nibbling PTOG, accounting for 15% to 30% of overall turnover on some days. (Read more)
Sooner or later they have to buy in to cover their “positions” -- and with all the OIL that PTOG has on its plate, the clock is ticking!
PTOG earned its last big gusher with news that it’s buying two more working oil wells that should pump 290 barrels a month. (Read more)
Do the math and at $100 a barrel that crude is worth maybe $350,000 a year in revenue -- and hey, the deal should close any day now!
That might not be a gusher for Exxon, but remember, PTOG only has a market cap under $1 million -- the extra oil definitely moves the needle.
Not to mention, PTOG is “progressing ahead of schedule” on its Oklahoma wells with room to pump an extra $50,000 a month. (Read more)
And they just found the 20,000-foot rigs to finish its North Dakota wells, which management thinks can pump $40,000 a DAY. (Read more)
Add it up, PTOG plans to produce its market cap in crude every month, which is again awfully sweet for under 1 penny a share!
I’ve already told you about the PTOG secret of buying “stranded oil” for cheap and pumping a special chemical they pump down the old wells. (Read more)
There’s endless crude down there and only PTOG knows how to get the money flowing again!
How much money? Remember this guy who thinks it all adds up to $0.78 per share?
Bottom Line: Down here at under 1 penny, that target feels like a long way away, but in the here and now, it may grease the action a little.
And remember: PTOG promised us that the Texas deal should close around “year end.”
If the announcement sent the PPS rocketing almost to 2 cents, what will confirmation do to this slightly “discounted” chart?
Don’t start 2014 on the sidelines fretting about the index funds! Get PTOG back on your screen and greet the new year like the red-blooded trader you are!
Let’s make history!
- StockHideout
Disclaimer
This newsletter is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. StockHideout.com is wholly owned by Global Oasis Group LLC. Global Oasis Group, LLC has previously been compensated twelve thousand dollars from E-Relations Group (a non-affiliated third party) for PTOG advertising and promotional services which have expired. Currently Global Oasis Group, LLC is being compensated five thousand dollars from E-Relations Group (a non-affiliated third party) for PTOG advertising and promotional services. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this newsletter as the basis for any investment decision.
While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment
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What the mind is *8*
Epa Santiago tenia bastante tiempo que no nos comunicabamos por este medio, cuando eramos Magnates, mi CABALLO "HORSE" es THE GLER.
I'M CLOSER TO MY RETIREMENT
ADMIRAL my email; luiselgozon@gmail.com THANKS
Admiral Lagrange i know you're a busy person and yet know much about this Stock. For a long time since i've read all your blogs. i also know you have inside information of what we are waiting for a long time. I don't write to much i think this is my first time but i read a lot. i have invested much in this Stock since 2010 and i have great hop to prepare myself for my retirement. you are an honest person and continues usual he is doing a masterful way. Has many followers and Congratulation for that. Thanks for you Atention
Admiral can you please also send me any information you have. Thanks. luiselgozon@gmail.com
YO HIZE UNA COMPRA DE 6,500.000 A 0.0001, CREO QUE TUVE SUERTE