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As shareholders we should all be proud of this moment. Pleasant Kids working its business plan and despite it all accomplishing goals. This is truly a happy day...imo
Can.t argue with you there. Hoping for good things here as I see a lot of potential in there plan. As long as they execute that plan this could be a good pick. Wont take much production to hit a few hundred barrels per day if 20+ wells are operating. Minimal operations should be able to give them that...imo
Isn't it great that we can see the good reviews and the bad ones too. It would be wrong if it was only good ones...imo
NEWS OUT!!! IHUB POSTING NEWS NOW
I agree, a good time to take a chance on a company that has real product and real potential..imo
Pleasant Kids has invested in management and it did not work out to well, did it. Former Plkd management is right here amongst us. We cant be upset at the company that fires us. We just accept it and move on and try to do a better job the next time if there is one...aimo
Whether we choose to see it or not Pleasant Kids has achieved several goals that they have set. Sure there are some that have not been met yet but in due time they will be. In business things dont always go as expected. Things happen and change everyday. Discussing asher and the toxic financing constantly is pointless because all new companies use this type of financing. We all know this. They seem to be aware of this and are taking steps to do the right things for us going forward. The products are great and they will gain traction in 2015. It all starts now. There are two ways to look at pleasant kids. Base your opinions on the past or focus on the great potential of the future and as tgey tell us in investing...past performance is no indication of future results. This company has had a difficult start but the future will be bright and profitable for all of us....imo
PDGO pr today. Not posted in the news section. Held up nice today. A little volume will run this. No diluting market makers since early last week.
Revenues Up 46.2% From Previous Quarter Ending 6/30/14
DALLAS, TX--(Marketwired - Dec 1, 2014) - Paradigm Oil and Gas, Inc. (OTC PINK: PDGO), a leading service provider to the oil and gas industry with expanding operations in oil and gas production, announced the Company's 3rd quarter 2014 results.
Revenues for the quarter were $51,872, up 46% from the quarter ending 6/30/14. Gross profits were a loss of ($3,099), versus a loss of ($18,667) in the prior quarter.
As of September 30, 2014 The Company has 23 producing wells with 1,170 barrels in the tank ready for pickup and booked as reserves and receivables at $104,218. The oil would have been booked as revenue but the pickups and payments were not made by September 30, 2014 due to inclement weather and road conditions at well sites. Paradigm notes that in addition to the value of reserves, cumulative revenue for the 3rd quarter should have reflected a total of $243,080 with $70,000 in other income, $51,872 in revenue from oil sales, and $17,000 in receivables.
The Company hired MKM Engineering out of Dallas, TX to review and appraise oil and gas interest on five of our leases and five producing wells. Their evaluation, based on a comprehensive review of production history and geologists reports, estimated the value of oil reserves at just over five million dollars, representing more than 3.5 million dollars in net proceeds over the next several years. Paradigm plans on having another 23 leases and 70 plus wells evaluated in the coming weeks and anticipates receiving completed reserve reports and appraisals by January 30th 2015.
"We are very excited about the progress at the Company, and have shown a tremendous amount of growth in getting our wells back online and operating at maximum capacity, especially in a declining oil price environment," commented Vince Vellardita, CEO of Paradigm Oil. "I'm confident that 2015 will be a transformative year for the Company. We plan on working hard to meet our goals of a few hundred barrels a day in early first quarter 2015."
About Paradigm Oil & Gas
Paradigm Oil and Gas Inc. (OTC PINK: PDGO) Paradigm Oil and Gas 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.
I like that one too. Anything with multi million will be good. We all no now what it wont be thanks to Robert...imo
I am hoping for multi million bottles sold. That to me would lead to the beginning of multi million dollars in sales. Is that not what we all want. but hey, I could be wrong. I just choose to stay positive...imo
It does not say multi million dollar...
Pleasant Kids to buy back shares from a percentage of online sales. The more they sell the more that can be bought back. I appreciate the fact that while the company is under no requirements to buy back shares, they are choosing to do it anyway. Way to go Robert...imo
Thankyou for coming on and clearing up a few things. Keep up the hard work.
Thanks for the dd. I appreciate your efforts.
I am guessing that we will see monthly reductions in the float. If they are focusing on marketing as stated in the PR, there will be a significant increase in online sales thus making it easier to buy back shares. The marketing aspect of that pr is the key for me. Taking steps to increase traffic to the online store means selling at retail vs wholesale. This is the way to go. Sales and increased visibility to the brand means everything...imo
This board is getting to be too funny. #Buying back the float,#Where Healthy Begins, #shop online hardly means buying back the float as the announcement coming. Already announced buyback and that it is associated with a percentage of sales. expecting this announcement to be great. looking forward to it...imo
Funny doc, but i dont see that one at all. No rs, buyback program being implemented and yes they are under no obligation to buy back shares but are doing it anyway. Sounds like this is heading in a positive direction. Cant wait for the announcement....imo
Its actually the k,s. Fiscal year ends 9/30 so not due til about dec 31st...imo
2008...you are kidding right? Nice to see you reaching so far for this one...imo
Keep in mind the cost associated with bringing the wells back online ie. testing and refurbishing equipment as well as the audit costs to bring the finacials back online. I see these cost actually going down. 1170 barrels waiting for pickup should allow for a nice jump start of 4th quarter revenue. also like that they seem to be reaching there goal with 23 wells now operating. looks like 30 wells operating can be acomplished by years end. Good progress so far..imo
Nice bottom and chart looks ready to bounce. Will be watching this one closely
Phoenix on the rise up the breakout board (#7). Off to a good start. Good job everyone. Great mods and great input
Unfortunately it does not but it sure does look good
Rsii 16% short volume today. Only 900k shares. Smallest amount in almost 2 weeks. Float is definitely on lockdown. Looking for a phoenix rising. This is gonna run fast. Be nice to to see some shorts on fire the rest of the week
I am with you 100% bro
If anyone can bring this board back to life I know you can. Looking forward to prospering with the phoenix. Lets do this.
What i see is a company and ceo under full attack by some very interesting characters. He has to spend time and energy defending nonsense taking attention from the day to day and having to spend resources in court. Im sure once this all gets tossed the company can get back to business. In the meantime im sure big things will happen for this company and its true shareholders in the future. Imo
Already acknowledged and addressed. Good nght to all
Yes. Another product delay. I too wish something was said about this one also. Its probably on the 2015 agenda. Yes quite a few pr,s that have not made it to reality yet but there are also quite a few that have. Wish i knew the circumstances surrounding it but we shall see..imo
Well there is a 50/50 chance that i will be right. In penny land those odds are pretty good...lol..good luck to all...i just hope that if i am right that you and the crew will be around to enjoy it with me as i will surely stick around if im not. Glta.. imo
Product delays happen all the time. Agree there should have been something said when it did not happen each time. I have read all the pr,s and have seen a clear picture of the goals of this company and i will say that yhere have been quite a few things accomplished this year. Better late than never as i have heard. When it does happen i guess we will still talk about how it took too long. Looking forward to dec 15 or 17th. Cant remember which one..imo
No sales..well we shall see on 3rd q coming soon. 250k in financing...well i recall about 125k used in the redwood transaction that came from brother haim and his attempt to pull a fast one on pleasant kids...its in the q,s...2 mill in liabilities..most if not all carried over from the nybd reverse merger...arrested..well thats just unfortunate. Im sure we have all had a run in or two that we are not proud of..this includes you. The real question is why are you so scorned. All the viscious name calling is really not necessary. You only post on this board. So whats the real story with you..please share..imo
Why would you not use an artistic/digital rendering of a product that is not available yet. Its done all the time. I am glad to have an idea as to what the product will look like as opposed to seeing a blank image..imo
Can raise much argument but i do believe good things are coming..imo
They did say they say in the q and a that they were working on some non toxic financing. Guess we will see. Imo
SORRY FOR THE CAPS...LOL
YOUR FIGURE IS ALSO BASED ON INFO AS OF 06/30/2014. I SEE SUBSEQUENT EVENTS IN NOTE 10 OF THE SAME 10Q THAT ALSO SHOWS ASHER CONVERTING $26,000.00 INTO 270,400,000 OF RESTRICTED SHARES. MY THEORY IS THAT THERE IS 27K LEFT ON THE MAY 8TH NOTE TO ASHER OF 53K IT ALSO SHOWS THAT REDWOOD HAS ALSO CONVERTED THE 50K DEBT AND IS DONE. SO YOUR 198,500 IN DEBT THAT YOU ARE BASING YOUR COUNT ON IS REALLY 122,000. AGAIN, PLEASE TELL BOTH SIDES OF THE STORY. I HOPE PLEASANT KIDS CLEARS THIS UP ON THE UPCOMING K SO THE FOLKS CAN FIND ANOTHER TOPIC TO TALK ABOUT. 122K IN DEBT IS NOT A BAD FIGURE COMPARED TO MOST I HAVE SEEN. LG NOTES CONVERT IN 2015.ALL IMO
Lmao..hopefully everyone thinks the same as you and we pick up a few more soldiers. Gltu
Had this on my watchlist forever and totally slept on the chart activity. Looks like a great loading area. Hope i can grab some before this explodes. Gonna kick myself if i have to chase this because it will probably move fast based on the size of the float. Possibly a low float gem here. Hope to grab a bunch in the morning...imo...glta