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I questioned him once about it and he said that he needed to put money elsewhere. He did not elaborate and I never asked him again.
This is getting serious. I spoke with Ingrid last week and she claimed to have been on vacation and had not seen Vince yet. Sounded a bit suspicious since she claimed to not have spoken with Vince. An executive secretary rarely is out of touch with her boss. I've called everyday and no answer except for the voice mail. I've checked all Florida Obits for the last month with no hits on Vince. I'm looking now to get in touch with the local police departments to see if they can help. I emailed her last week stating that rumor had it of Vince's demise and if I could have an address I would send flower at least. No response. Anybody got any ideas?
A lot of good questions. I'm not sure in the exempt. I assembled this stuff by downloading a years info and it showed up only once and for (as I remember ) 7700 shares.
I've seen the posted short info before and can't seem to tie it to the FINRA info.
You have my name in a private post that I sent to you. Put a dot between the two names and email me at gmail.com and I'll give you more info.
this is a small report that I create every day. The information comes from FINRA and other sources. If a day is missing it is because not shares were shorted on that day.
Paradigm Oil Monthly Short Report MAR 2015
Date Symbol Short Vol Exempt Total Vol Mkt Short Pct Close Open High Low
_________________________________________________________________________________________________________________
20150302 PDGO 2,160,000 0 5,682,000 O 38.01 0.00040 0.00040 0.00040 0.00030
20150304 PDGO 100,000 0 7,937,595 O 1.26 0.00030 0.00030 0.00040 0.00030
20150305 PDGO 220,000 0 1,785,040 O 12.32 0.00040 0.00030 0.00040 0.00030
20150306 PDGO 3,980,000 0 10,785,934 O 36.90 0.00040 0.00040 0.00040 0.00030
20150309 PDGO 8,708,074 0 17,550,953 O 49.62 0.00040 0.00040 0.00040 0.00030
20150310 PDGO 2,250,000 0 9,069,091 O 24.81 0.00040 0.00040 0.00050 0.00040
20150311 PDGO 1,880,100 0 4,234,244 O 44.40 0.00040 0.00050 0.00050 0.00040
20150312 PDGO 1,225,000 0 10,132,800 O 12.09 0.00040 0.00050 0.00050 0.00030
20150313 PDGO 1,976,667 0 93,008,471 O 2.13 0.00040 0.00040 0.00040 0.00030
20150316 PDGO 1,000,023 0 70,211,082 O 1.42 0.00030 0.00030 0.00040 0.00020
20150317 PDGO 1,000,000 0 134,672,249 O 0.74 0.00020 0.00030 0.00030 0.00020
20150318 PDGO 8,389,800 0 58,819,143 O 14.26 0.00020 0.00020 0.00030 0.00020
20150319 PDGO 450,000 0 31,055,500 O 1.45 0.00030 0.00020 0.00030 0.00020
20150320 PDGO 2,882,000 0 7,205,000 O 40.00 0.00020 0.00030 0.00030 0.00020
20150324 PDGO 1,084,600 0 8,019,000 O 13.53 0.00030 0.00020 0.00030 0.00020
20150325 PDGO 1,086,666 0 2,959,830 O 36.71 0.00030 0.00030 0.00030 0.00020
20150326 PDGO 14,850,000 0 21,399,001 O 69.40 0.00020 0.00020 0.00030 0.00020
20150327 PDGO 4,590,800 0 15,122,399 O 30.36 0.00020 0.00020 0.00030 0.00010
_________________________________________________________________________________________________________________
Totals 57,833,730 509,649,332 11.35
_________________________________________________________________________________________________________________
Minimum Price Per Barrel : 45.19 20150317
Maximum Price Per Barrel : 53.23 20150304
If you have nothing to lose you probably don't care if he is sick. If you may sustain a loss you probably want him healthy enough for accountability.
Vince does not speak of illness, I am aware of it. I'm out over 40k in this company so I'm not trying to defend him other than to say he cannot at this time defend himself. His biggest problem is that he is an extreme optimist like a poker player who constantly draws to an inside straight.
I have taken him to task in emails to him, not the rest of the world. My last one challenged his credibility of not admitting to his illness and to let company functions be handled by someone else. He is a fourth stage cancer survivor, has been recently hospitalized with pneumonia and has been on a feeding tube, I suspect that chemotherapy is taking its toll on him. His weight is down to about 100 pounds. I have told him to do whatever it takes to get well enough to run his company profitably.
As stated before, send a get well card. If he does not recover I don't see any way to recover our losses.
Vince has been very sick lately.
I'd like to see the members of the assassination bureau send him a get well card before you finish him off..
I don't know which hospital he is in or if he is now at home. Only the answering machine is picking up the phone. If anyone has better info than this, please post it.
Incredible Penny Stocks: What is a Form T-Trade?
There is much confusion and rumor regarding “T Trades” in the penny stock market. Nasdaq Pink Sheet stocks often close at a certain price and, within 3-10 minutes after the closing bell, will show a large final trade that gets labeled as an “after hours” trade. Simply put, this is an inaccurate description of that trade.
To understand how this trade works, one must understand the role of the market maker. The most frustrating aspect of investing in the pennies, is market maker manipulation of the stock price. Anyone that claims this manipulation doesn’t happen truly does not understand the OTC Market. Market makers are in place to “control” the price of a stock and, theoretically, to ensure that the market reacts properly to supply and demand for a certain stock. Unfortunately, when large sums of money and a lack of regulation are involved, more often than not, there is manipulation that suits the needs of certain investors or the market makers themselves. After all, they are in business to make money as well. If the average investor is purchasing stocks in the OTC Market, that investor is truly at the mercy of the market makers involved in the purchase and sale of that security.
When researching this article, The response from the SEC defined a “Form T Trade” a “trade reporting form used by broker-dealer members of the Financial Industry Regulatory Authority, Inc. (FINRA) to report equity trades executed either in the OTC market or during extended hours trading. Recent amendments to FINRA rules will expand the types of situations in which Form T is to be used, but they are not yet in effect.” The response also recommended contacting FINRA. Notice the first portion of the response. “either in the OTC Market or…” Once again, it is confirmed by the SEC that ”after hours” trades do not exist in the Pinks.
FINRA was much less transparent in their response and essentially spewed the same limited information regarding T Trades that is available on their website. None of which, accurately reflects why these trades occur in the OTC Markets. (http://www.finra.org/web/groups/industry/@ip/@reg/@notice/documents/notices/p123750.pdf)
Trying to decipher the meaning of these trades with the limited information that is available on the subject led down several dark paths. Clearly, the average investor is not meant to understand the concept or its rules. Even more disconcerting is the second part of the SEC message “Recent amendments to FINRA rules will expand the types of situations in which Form T is to be used, but they are not yet in effect.” That means there is even less transparency about this mysterious T Trade.
After months of due diligence, there are a few poorly publicized uses for a T Trade. The most important factor here is that the only requirement of market makers by FINRA is that they must report all trades in a day. They are not required to do so when the actual trade occurs.
To avoid creating “an unbalanced market”, market makers often do not report certain trades during the day to the public and then use a T Trade not to “scare” investors into thinking a market for that stock is going in one direction or the other at the spurring of one large investor.
If a market maker wants to accumulate a large amount of a stock in one trading day, that market maker may actually not report any of the trades that occurred until the trading day has ended so as not to alert the market to the collection. This practice is completely legal under the FINRA rules of the OTC Markets so long as the trade is reported at the end of the day.
To execute a Market on Close” order, a market maker may have an order to purchase the stock at a certain price at the end of the trading day. This is the most unlikely scenario because it needs to be assured that someone selling the stock and someone buying that stock are agreeing upon a price. Simply put, this is more likely with insider buying and selling.
The T Trade that the public sees is nothing more than one or all of the above scenarios. The T Trade reported at the end of the day can be from one market maker or many involved market makers. It can be a single purchase price but is usually an average of all of the previously unreported purchases from that business day.
Penny stocks are an exciting and lucrative business. As most everyone will tell you, it is not for the weak of heart. There is definite money to be made in the OTC Markets and more penny stock millionaires are made every day. But the best way to win the game is to know the rules!
One additional fact surfaced about market makers while researching T Trades. Did you know that market makers are not required to honor their offer price? That is correct, because the OTC market is essentially a “best offer” market. If a buyer meets the asking price for a security, the market maker can, and often does, decide to rescind the offer, not sell the security and adjust the selling price.
Happy Trading.
For those about to "eat crow" I highly recommend the "Four and Twenty Blackbirds Cookbook".
Merry Christmas everyone!
I have over 3,000,000 shares and I would really like to see the price go up a lot, but I doubt that will happen.
I'm just biding my time.
I'm now on the same page as you. Thanks.
I caught it. TD just shows the Lindsay and not the entire 7B.
The numbers don't seem to match. What is wrong here?
General Production Query Results
Related Links
O&G Directory
O&G Proration Schedule
Offshore County Map
Query Path: Search Criteria > District 7B, Operator: PARADIGM OPERATING INC.
Date Range: to
View by:
Monthly Totals
Annual Totals
County
Field
Lease
District
Operator Name: PARADIGM OPERATING INC., Operator No: 638917
District 7B
Monthly Totals, Jan 2014 - Sept 2014
Date Oil (BBL) Casinghead (MCF) GW Gas (MCF) Condensate (BBL)
Jan 2014 0 0 0 0
Feb 2014 0 0 0 0
Mar 2014 0 0 0 0
Apr 2014 144 0 0 0
May 2014 30 0 0 0
Jun 2014 34 0 0 0
Jul 2014 47 0 0 0
Aug 2014 51 0 0 0
Sep 2014 0 0 0 0
Total 306 0 0 0
I cut and pasted it from Clements consulting this morning. If you give me an email I'll forward the email to you. I know the link works within the email.
My previous post is a link to the conference call replay.
Did you say "almost sure"?
That was brought up in the call yesterday
He said 48 at the end of the meeting. I was a bit surprised.
48 hours
I stand corrected. Thanks.
It was way, way too short. I did find what was covered very interesting. Tommy Thompson sounds like an all business type of guy. Stewart did not say enough.
I did email a question to Vince concerning at what price oil is before no profit is made including all overhead, royalties, etc.
His answer was $60.00.
In the meeting he did mention a lift cost of 30.00 in Texas and 31.00 in Louisiana. I don't know what that means, perhaps the raw cost per barrel of getting it out of the ground; but that is an uneducated guess.
Oneman, you always ask solid, probing questions. Please join the call. I have always enjoyed "intellectual combat.
The phone number is 1-800-763-6564.
Meeting times
11 AM Eastern
10 AM Central
09 AM Mountain
08 AM Pacific
Cmon naysayers. Call in. I don't think you need to own any shares to ask questions though. But I don't think you will be able to hide behind an avatar either. I, for one, will love hearing your questions.
A good question to ask tomorrow!
Paradigm Oil & Gas Reaches 17 Active Wells, Oil Stockpile to Market
DALLAS, TX--(Marketwired - Oct 13, 2014) - Paradigm Oil and Gas, Inc. (PINKSHEETS: PDGO), a leading service provider to the oil and gas industry with expanding operations in oil and gas production, today announced the activation of 11 new properties following the rehabilitation of wells on its Clements, Adobe and Miller leases.
Paradigm now boasts a total of 17 oil producing wells and plans to add 7 to 10 more properties in the next six weeks following an aggressive repair and reactivation campaign which is currently under way on its Roberts, Summers, TW Greer, and TW Lee leases. By year end, the Company anticipates expanding its portfolio of active wells to at least 25.
"We currently have 17 wells producing oil and just over 820 barrels in holding tanks ready for pick up from our carriers," stated Vince Vellardita, CEO of Paradigm Oil and Gas. He added, "With more wells on the way, shareholders can expect a significant spike in 4th Quarter production and revenue."
In other developments, Paradigm Oil and Gas highlights:
Enhanced Drilling Capabilities
Following a reanalysis of geologic data confirming the vast reserve of oil under Paradigm's Lucy Lee and Mina Travis properties in Louisiana, Paradigm is preparing to upgrade the rigs to increase their drilling range from 7,700 feet to at least 11,000 feet. Equipment enhancements are expected to improve production by at least 50%.
Shareholders Conference Call
On Tuesday October 14, 2014 at 11:00 am EDT, Paradigm Oil and Gas welcomes shareholders and investors to participate in a conference call with management to discuss relevant issues and share critical updates. At least 4 representatives from various departments will be available to answer questions and provide insight.
About Paradigm Oil & Gas
Paradigm Oil and Gas Inc. (PINKSHEETS: PDGO) is a leading service provider to the oil and gas industry with expanding operations in oil and gas production. Paradigm is a growing oil and gas producer, currently holding 30 leases with nearly 300 wells. Paradigm has secured and is aggressively pursuing additional land options that will significantly increase its oil and gas production capabilities.
Please click on this link if you would like to see our company video:
The information will be released today.
This is a screwy day for sure. In the real world Brent and WTI crude have both taken huge hits. 15% or better. This is also the last day of the month and quarter. Can anybody provide a decent answer?
727 595 8101
IMO no one with the credentials of the new CFO would be involved with a scam company. I suspect that he is privy to a lot more information that we are able to access. Obviously he feels that there is real value in this company. His task, based upon his track record is raise money to get the money pipeline flowing.
Vince's past as a CEO would have put him in contact with influential people.
I don't know if people are bailing out or buying into the drop. I think we may know something early next week.
Have a great weekend everyone,
It's hard to set the timelines for all of PDGO's activities. I had a lot of LHPT shares when Glen Kennedy was attempting to run the company. I drove to Dallas and bought him lunch. He admitted to be in over his head. Shortly thereafter Todd Violette (a venture capitalist) became the CEO. I did speak with him often enough to find out he was in position to raise money and had friends in high places.
He then was asked to take the reins of PDGO. I remember the HCE people being involved with LHPT but I don't remember The details.
I thought he was going to combine the two companies but he decided against it. PDGO was performing better than LHPT so I dumped all LHPT shares and bought PDGO.
He then put the two companies in the hands of new CEOs which were picked by him. I have a feeling that he is still involved.
Wasn't this before vince?
What PDGO gets with PRs is nothing more than institutional advertising. Good or bad there are people talking about the company, even those who don't own shares, I, for one, always enjoy intellectual combat. If I don't agree with someone I at least was made to think a bit.
I'm also glad to see that some of the posters are a bit more even handed with their judgement of the company.
Vince did verify to me that 007s info is correct.