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The FDA just approved Stevia!!!
Just got off the phone with Matt and he confirmed the news.
He also said that SUWN is ready to go!!!
Good Luck Guys!
Book Value $.36. Trading at $.18. WOW.
Suwn is a profitable company with increasing revenues and is on the brink of the Coke/Cargill Stevia breakthrough in the US at which point worldwide Stevia sales should skyrocket.
Suwn looks well positioned and is presently way undervalued imo.
Good Luck Guys.
Time will tell.
Good Luck.
New IR. Q1 2009 due out soon...
RE: Suwn...Monday, September 15, 2008 2:02 PM
From: "Matt Kreps" <matt@magnoliair.com>
"Glad you put the ticker in the subject line – your email ended up in the spam filter for some reason.
I will definitely take your idea of a stock repurchase to management as it is certainly timely considering the price, and the underlying book value.
They are generally due for the Q1 2009 report at this time, so keep your eyes open for that, and you may also get some added detail as part of the new commitment to shareholder outreach. That said, I’m more than happy to talk to any person who owns this stock to try and answer questions and build awareness.
Thanks,
-- Matt Kreps
Magnolia Investor Relations
+1 (469) 362-5960 "
I think we're getting close...
Here's the latest email from Investor Relations which I believe was sent to IR from Dave who is the assistant to the new president.
Good Luck Guys & Good Luck Ed!
"From: "Investor Relations" <i_r@cogeco.ca>
-----Original Message-----
Sent: Thursday, September 11, 2008 2:48 PM
To: Ed
Subject: Hi
Hi Ed
Have the new deal done for dvfi, need to sign on new board,
Will get you more details as we go,
Sent from my BlackBerry device on the Rogers Wireless Network"
And the most recent email.
From: "Investor Relations" <i_r@cogeco.ca>
Thursday, September 4, 2008
"FYI I cannot say anything more than I told you guys about the deal…..I am not going to put myself out like that and risk insider information I told you a PR is coming and a huge deal is coming in, I did not lie and it is true so we all have to wait till it is announced now nothing more."
IMHO DYODD
Here are some recent emails.
I think A would want shareholders to know this information/rumor. Also, I think Ed is an honest person and is trying his best for us. Good Luck Guys & Good Luck Ed.
The emails read chronologically bottom to top. I have changed some names to protect people's privacy.
From: A
Sent: Thursday, September 04, 2008 10:21
I was told PR this week and no PR has come. This is the second time to has happened to me personally from two distinct people within the organization. This is making me sick. Why so hard to live up to a PR? Even if it's not done, Lancaster announced the LOI's, if we have some 9000bopm operation looming it might be better for the stock if they announce the deal is about to close, no? what the _uck? I don't get these guys. I got more information from Wadkins last week than I got from Ed in a year. Wadkins was not excited about the deal but knows its some form of asset coming to the company in which the majoroity shareholder brought the deal out. Ed was excited and I heard a RUMOR that it's oil at 9000 barrels per month. If this is true, we merger into TYEG, WOGI, WWNG, uplist to amex. Trade at .35 cents with 500 million shares out. I also heard the OS is coming down to 500 million.
From: Other
Tuesday, September 02, 2008 10:21 AM
"Can we get an idea when and if a PR is coming out this week?"
From: Investor Relations
Sent: Tuesday, September 02, 2008 10:14 AM
"The deal is still on and moving forward aggressively all I can say."
From: A
Sent: Tuesday, September 02, 2008 10:10 AM
"One of the big problems with launching any asset into production was the abuse and excessive issuance of new shares to cover the debt and provide collateral. Yes, many shares were issued for apprarently nothing thus why this aspect of the deal is what shut many deals down. Having a .pk stock become profitable or sustain an operation will require lots of new shares. Doug was in strict opposition to this. This is why nothing got done. This deal must be setup in a way that's not dilutive to shareholders otherwise it never would have happened under Dougs discretion. The delay in getting the PR out has me concerned the deal has been cancelled. I hope not."
From: Other
To: A
Sent: Tuesday, September 02, 2008 9:31 AM
"Thanks A.
I cannot add anything because I have not been able to get in contact with Ed or anybody else."
From: A
Sent: Monday, September 01, 2008 7:34 PM
"Everyone -
I was told news this week. News is an asset coming to the company, Oil related. Not sure how it's going to impact the share price but the big shareholder, Doug, is behind this transaction so hopefully the company can now move forward. I was told when Lancaster had control, most of the progress was shut down by Doug because the deals were not his so he objected to everything. Now that this deal is orchestrated under his control lets hope we see some progress. The investing group is out of Salt Lake City, Utah. Does anyone have anything to add?
Unconfirmed reports place the production at 9000bopm."
IMHO DYODD
Friday, August 22, 2008 11:32 AM
From: "Investor Relations" i_r@cogeco.ca
Sent: Friday, August 22, 2008 9:40 AM
To: Ed
"Hi Ed
Ok, will get press done today,
Thanks
Dave"
I talked with Ed on Friday and it looks like we might get news early next week. BTW, Dave is the new president's assistant.
Also, Ed said he is staying on to help the company.
Good Luck Guys.
IMHO DYODD
SUWN still has a Book Value of $.30 per share.
Good Luck Guys.
Email from IR..."Wednesday, August 6, 2008 7:32 AM
From: "Investor Relations" i_r@cogeco.ca
This is what I got this morning from the new president and all I ask is bear with us and this will get announced, this is positively huge!!!! Cannot go into details about it but it is huge. Dave is the personal assistant to the president.
'Good morning, just waiting for detail on the new asset going in, then will issue the press.'
Dave"
Good Luck Guys
Monday could be interesting.
Good Luck.
IMHO DYODD
Quarterly Earnings should be released any time now.
Good Luck Guys.
Joe, I asked Skip about the percentages and numbers at Grimes, and about possible future joint ventures with DVFI.
Yes, Ed said that they had already started buying back shares. This may be on the open market and/or elsewhere.
Yes, I also hope that the next press reveals a lot more than the first press. However, I do understand how lawyers operate.
Ed is very open and forthcoming. If you call him I'm sure he'll answer all your questions. I get the feeling that he actually wants us to call him.
Hopefully, we will get a press release this week.
Good Luck.
IMHO DYODD
Also, Skip sent me this on Wednesday...
June 4, 2008 2:01 PM
From: "Lewis Skip Taylor" skip@hydroslotter.com
RE: HSC/DVFI
"I provided all the answers to all your questions to Ed in the IR department. Please forward all your questions to BIGN/DVFI IR.
Thanks and good luck,
Skip Taylor"
Yes, I spoke with Ed on Tuesday.
Hopefully, this fairly represents our conversation.
1) DVFI has been buying back shares on the open market with the intent to retire the shares, thus lowering the o/s.
2) They intend to lower the a/s to 1 billion with the o/s being lower than that.
3) On or about Tuesday, they forwarded a copy of their press release to all parties invloved. As soon as everyone signs off on it they will release it.
4) They plan to make DVFI a multi-faceted company with the present Oil & Gas division being only one of three divisions. I'll let them explain that in a press release.
There were several other items too, but I will let management explain them in a press release. Hopefully, the lawyers will allow more information to be released this time.
Good Luck Guys.
IMHO DYODD
Yes, any good news could quickly improve things here.
Good Luck Joe & Apophis.
IMHO DYODD
Yes, the case was dismissed.
The Motion To Dismiss The Case was Granted on Default...
http://iapps.courts.state.ny.us/iscroll/MotionDetails.jsp?IndexNo=01144952007&CID=003
http://decisions.courts.state.ny.us/fcas/FCAS_docs/2008MAY/3001144952007003SCIV.pdf
Good Luck Guys.
IMHO DYODD
According to this BIGN news release, BIGN/DVFI shares a 50%/50% revenue split with Hydroslotter regarding Grimes.
If this is still true, and depending on how much the leaseholders are receiving, then DVFI should still be receiving about $15,000 per month from Grizzlies 1.
2,700 mcf x $11+ = $30,000
$30,000 divided by 2 = $15,000.
Hopefully, we shall soon find out if this is true.
"Biogenerics Announces Update on Hydroslotter
Posted on: Tuesday, 11 October 2005, 15:00 CDT
Initial Production Update
TORONTO, Oct. 11, 2005 (PRIMEZONE) -- Biogenerics Limited's (Pink Sheets:BIGN) strategic alliance partner, Hydroslotter Corporation, announces initial production numbers for the month of September.
The Grimes, California well which has been shut in for the past twenty years was re-opened in June using Hydroslotter's new advanced recovery technology. For the month of September, the well produced 14.4 million cubic feet of natural gas (14,400 MCF), which was sold for an average price of $10.00 per MCF.
Hydroslotter's technology is cost effective and for the inexpensive cost of the actual re-work on potential shut-in wells, the return on investment is high. To date, half of Biogenerics' investment was recovered in the first month of production and upon payout, Biogenerics will share the revenues equally with Hydroslotter.
Biogenerics' Paul Smith states that, "This investment is clearly succeeding as a template for us to develop oil and gas resources, offering perhaps the most capital efficient way to create aggressive economic returns without exploration risk."
Hydroslotter is equally excited about the potential their technology provides. There are perhaps hundreds of thousands of shut-in wells that have the economic potential to begin production again at a low cost compared to a conventional drilling project.
Biogenerics will release earnings guidance for 2006 on Thursday, October 13th, 2005.
About Biogenerics Limited:
Biogenerics is a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves. Biogenerics has oil and gas assets acquired from Rubicon Petroleum. Biogenerics also has joint venture activities with Tyche Energy, Hydroslotter Coporation and WW Energy Inc.
About Hydroslotter Corporation:
Hydroslotter Corporation's, proprietary technology deemed "hydroslotting" increases oil and gas production and extends commercial productivity of oil and gas by 300% to 600%."
Entity Name Entity Number Status Type
WW OIL & GAS, INC. E0254462005-9 Active Domestic Corporation
WW OIL & GAS 2008 INC. E0072362008-0 Active Domestic Corporation
From; https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpSearch.aspx
Type in WW Oil and Gas.
Apparently, these are two different entities. They have different managements and addresses. I have called WOGI for clarification but I have not received a returned call.
Stevia a sweet bet for Cargill
Sugar substitute shows promise
By Tom Webb
twebb@pioneerpress.com
Article Launched: 05/16/2008 12:01:00 AM CDT
Finding a no-calorie sweetener that's safe, natural and appetizing has been dubbed the holy grail of the food industry. On Thursday, Cargill Inc. moved a big step closer to unlocking the secret.
The Wayzata-based food giant announced publication of 12 peer-reviewed scientific studies that affirmed the safety of rebiana, a refined extract of a South American herb called stevia, which it hopes someday will be used widely in food and beverages.
Cargill said it has christened the sweetener "Truvia," and revealed plans to introduce it to consumers later this year. Coca-Cola Co. has an exclusive partnership with Cargill to use Truvia in beverages.
The substance is about 200 times as sweet as sugar, contains no calories and has some advantages to the food industry because it doesn't degrade when heated or when mixed with other foods. Stevia is commonly used in Japan and parts of South America, but it's rare in this country outside of health-food circles.
The scientific studies — four years in the making — are a major step because the U.S. Food and Drug Administration does not now recognize stevia as a safe food additive. In 1991, FDA restricted its importation based on a handful of previous studies suggesting possible liver damage and other problems.
The new studies were funded by Cargill, reviewed by independent scientists and published Thursday in the journal Food and Chemical Toxicology. They found that a high-purity extract of the stevia leaf different from what was tested earlier — does not affect organ function, reproductive health, blood pressure or general health. Leslie Curry, director of regulatory and scientific affairs for Cargill's food ingredients unit, noted the role independent experts played in the process.
"What this group does, individually and collectively, is evaluate the full dossier of old studies and newer works, with the aim of understanding whether the ingredient is acceptable for its intended use. ... Their conclusion is that rebiana is safe for use in food and beverages."
Cargill formally notified the FDA on Thursday of the findings, but company officials were reluctant to discuss what route to acceptance they're seeking from the agency.
Ted Labuza, professor of food science and engineering at the University of Minnesota, said that under a newer and expedited process, companies are able to assemble their own panel of experts to analyze data.
"But they still have to go to FDA, and the FDA may address it within 30 to 90 days," Labuza said. "And because it's Coca-Cola and Cargill, which are big, they'll probably be pushed to move faster on this."
Ann Tucker, a Cargill spokeswoman, said Truvia will make its debut in "tabletop and beverage applications, over a period of time." Precisely when, she wouldn't say, citing competitive issues.
But Cargill has big dreams for Truvia. The company, which has reported earnings of $2.9 billion for the first nine months of its current fiscal year, is now ramping up production of the natural herb in South America and China. Someday, it hopes to see it in ice cream, cereals, cookies and other many products.
Date: Thu, 22 May 2008 13:51:34 -0400
From: "Skip Taylor"
Subject: Re: HSC/DVFI
After your e-mail below and others that were suddenly having the same problem with bounced e-mails to the hydroslotter account, we discovered a serious problem with the domain name and caught it in a timely way. So for that I thank you. We will have the hydroslotter account back up and working hopefully by Monday.
In any case, I spoke to the principals of BIGN(DVFI) at length about the issues and I also spoke to Ed the IR representative. The result of these meetings is that all questions, misunderstandings, and/or other issues have been clarified. I need to have one more communication with Ed and then I believe by early next week, Ed will be able to answer all the questions you and other investors have posed to me.
Good luck
Skip Taylor
Treeman54, apparently your WOGI post was deleted.
But to answer your question, here is an old post from Waverider that apparently states that BIGN/DVFI owns 50% of WWOG/WOGI. Whether this is still the case, I do not know. However, it would be sweet if it were true, especially after last week's WOGI news.
"GAINESVILLE, TX--(MARKET WIRE)--May 13, 2008 -- WW Oil and Gas Inc. (Other OTC:WOGI.PK - News), a company in the business of acquiring leases and oil and gas-related assets for the purposes of development, exploration, and exploitation, has made its third payment to Olney Oil and Gas Producers. The company now retains 75% ownership of the 300 acre Wolf Lease Properties located in Young County, Texas. WW Oil and Gas anticipates the lease to produce up to 20 bbls of oil per day as additional wells on the property are brought to stream. The company should conclude the purchase and retain 100% ownership of the properties by June 1, 2008."
This might possibly be part of the TX properties that Ed & Stepphen were alluding to.
Posted by: Waverider110
In reply to: None Date:12/23/2006 10:40:40 AM
Post #of 33969
There is more to WWO&G than I thought !:
And we are going to be owners of it in one month & one week:
Below are some highlights from the WW Energy website:
http://www.wwenergyinc.com/press.html#
Does any one know if the Success Oil LOI was ever closed? I do not see such a PR, only that the two companies (Success & WWO&G were cooperating in trading technology information in Texas):
TYLER, Texas, June 1, 2006 (PRIMEZONE) -- Biogenerics Limited (Other OTC:BIGN.PK - News) announced today that its 50% owned subsidiary, WW Oil and Gas, has authorized management to issue a Letter of Intent (LOI) for the purchase of 1,000 acres of oil/gas lease land. The lease land will include 48 producing gas wells generating 1,200 mcf/day of gas averaging 25 bbls/oil per day in condensate quality.
The transaction includes a 35-mile pipeline with all right-of-ways which connects to a major trunk line for the sale of the operation's daily gas production. The pipeline is also used to collect, on a fee basis, gas from six other producing gas fields in the area.
James Lancaster, Biogenerics' CEO stated, ``The monthly revenue stream is estimated to be over $270,000 per month from this property. Upon completion, the deal will provide the personnel to manage, drill and rework the other well sites on these properties which will in turn maximize the production revenue of future explorations projects.'
*******************************************************************
July 21, 2006
FARMINGTON, N.M., Jul 21, 2006 (PRIMEZONE via COMTEX News Network) --
WW Energy Inc. (Pink Sheets:WWNG) announced today that subsidiary company, WW Oil & Gas Inc., has acquired the mineral lease exploitation rights to four sections (2560 acres) of highly prospective oil and gas drilling targets in Southern New Mexico in the most recent state land lease sale.
Named the "Horse Property," geophysical factors indicate a high probability of hydrocarbons. Established wells to the south of this area have produced at 60,000 barrels of oil per day. Further purchases of the rights to lease land in this area are anticipated during the summer.
WW Oil and Gas continues to seek current producing properties with significant reserves for acquisition. Two such properties with significant reserves and current production are at present being reviewed as to valuation.
*********************************************************************
July 26, 2006
FARMINGTON, N.M., Jul 26, 2006 (PRIMEZONE via COMTEX News Network) --
WW Energy Inc. (Pink Sheets:WWNG) announced today that its subsidiary WW Oil and Gas Inc. has acquired the mineral rights to property within the Uintah and Duchesne counties. These counties are located in the largest oil production area in Utah. The mineral rights to these properties are in the 5th largest Oil and Gas producing areas in the U.S.A. Certain oil wells in the adjoining Green River and Wasach formations have been known to produce totals of approximately 2 million barrels of oil.
WW Energy Inc., is a holding company that was created to acquire oil and gas service companies as well as oil and gas-related assets through two wholly owned subsidiaries..."
************************************************************************
August 4, 2006
FARMINGTON, N.M., Aug 4, 2006 (PRIMEZONE via COMTEX News Network) --
WW Energy Inc. (Pink Sheets:WWNG) announced today that its subsidiary WW Oil & Gas Inc. has signed a letter of intent to acquire oil and gas lease assets of Success Oil Company based in California.
The letter of intent, which is to close within a 45 day, due diligence period, identifies the Tubb Lease Oil and Gas Project, operated by Success Oil Company and located in the Crawar Field in Ward County, Texas, as the acquisition target. WW Oil & Gas has made an initial deposit to Success Oil Company and, as previously announced, has committed to commence work on a first well for re-completion within the 45 day due diligence period.
The Crawar Field has historically been a prolific producer of oil and gas. Nearby leases are owned by Chevron and Amoco among others. In particular, in October of 2000 Chevron re-completed a well 1,200 feet from the location of the first planned re-completion well by WW Oil & Gas. The Chevron re-completion well is still currently producing at approximately 28,000 mcf of gas per month. The same geological structure and pay zones as found in the Chevron re-completion well exist in several areas of the Tubb lease, including multiple wells for re-completion and grass roots wells. At $60 per barrel of oil and $7 per mcf of natural gas, estimated reserves of the Tubb Lease Oil and Gas Project exceed $59 million on a total mineral reserves cash basis.
FARMINGTON, N.M., Aug 16, 2006 (PRIMEZONE via COMTEX News Network) --
WW Energy Inc. (Pink Sheets:WWNG) announced today that its subsidiary, WW Oil & Gas Inc., has added two additional oil production properties to be included in its LOI agreement, as previously announced with Success Oil of California. The properties are located in the Gray Gulch field in Borden County, Texas.
Past production tests have shown the "Kloh #9" producing 312.6 BBLS of oil per day with 261 MCF Natural Gas per day.
The second property, the "Gray" has previous production tests showing 220 BBLS of oil per day with 57.7 MCF Natural Gas per day. With 240 acres and multiple pay zones, WW Oil & Gas is planning to maximize these properties to their full potential.
The LOI, which is to close within a 4-6 week due diligence period, identifies the Tubb Lease Oil and Gas Project, operated by Success Oil Company and located in the Crawar Field in Ward County, Texas, as the acquisition target. WW Oil & Gas has already forwarded an initial deposit to Success Oil Company and has committed to commence work on a first well for re-completion within the due diligence period.
*******************************************************************
http://www.wwenergyinc.com/press.html#
Here are some recent numbers from Grimes...
Grizzlies 1 API # 01120373 currently producing...
Date............Gas (Mcf)
03/2008.........2,778
02/2008.........2,634
01/2008.........2,740
Pretty good monthly revenue at $10.00+/mcf. It would be nice if management would tell us how much of this revenue is DVFI's share and how much is HSC's share. Then we could run some numbers. In any event, it appears that we are receiving some revenue from Grimes.
From Skip Taylor at HSC "Yes, I know what the percentage stakes are in all the Grimes wells. I believe you should acquire this sort of information from your company. As a public company, don't they have to disclose that sort of information in their statements? In any case I have contacted them and have given them an opportunity to reply to you." April 27, 2008.
Ophelia API # 01120148 currently plugged pending repairs - but was producing large numbers last year.
Here's the website where you can plug-in the API numbers to see HSC/DVFI natural gas production records;
http://opi.consrv.ca.gov/opi/opi.dll
Here's the specific website for Grizzlies 1;
http://opi.consrv.ca.gov/opi/opi.dll/Search?UsrP_ID=100098353&formStack=Main&WMtr_APINumber=01120373&STR__Section=1&STR__TownshipNumber=1&STR__TownshipBase=N&STR__RangeNumber=1&STR__RangeBase=E&STR__BaseMeridian=MD&DOGLink=http%3A%2F%2Fwww.consrv.ca.gov%2Fdog&PriorState=
Good Luck Guys
"Cargill study supports stevia sweetener"
"Published: May 16, 2008 at 12:32 AM
NEW YORK, May 16 (UPI) -- Cargill and The Coca-Cola Co. said new research establishes the safety of rebiana, a sweetener from the stevia plant.
The two companies developed rebiana for general use to sweeten foods and beverages, the companies said Thursday in a release. It will be marketed by Cargill under the brand name Truvia.
The results of the Cargill-funded studies, published online in the journal Food and Chemical Toxicology, could move the companies closer toward gaining U.S. approval for their sweetener, the Wall Street Journal said Thursday.
Coca-Cola and Cargill said the new studies dispute research from 1985 that suggested health risks ranging from mutations in the livers of rats to concerns about male fertility problems, the newspaper said. A World Health Organization report has found no major toxicity risks.
The U.S. Food and Drug Administration ruled in the 1990s there wasn't enough data to demonstrate stevia's safety as a food additive, although the FDA does allow the herb to be sold as a dietary supplement.
The sweetener is currently approved as a food additive in 12 countries, including Japan, Brazil and China."
Here's an email I just sent to IR...
Subject: DVFI Pess Release
To: i_r@cogeco.ca
Ed & Stephen
There is no real information in that press. Did the lawyers take it all out? Would you please release another press telling shareholders about;
Grimes & Texas Properties, Revenues, O/S & A/S, 15c compliance, The New Business Plan, TYEG, WWOG, HSC, Joint Ventures, Etc.
Shareholders need real information in order to believe that "everything is positive and the outlook is very bright".
We are all behind you but you have to give us real information.
"OKLAHOMA CITY, OK, May 12, 2008 (MARKET WIRE via COMTEX) -- Diversified Oil and Gas Holdings Limited (PINKSHEETS: DVFI) (FRANKFURT: D9G) newly appointed CEO, Stephen G. Ambury, has concluded his review of DVFI's business status. After careful assessment of information provided, the company is now in the process of implementing a new business plan to be executed over the next 12 months. The company's initial focus will be addressing the issue of all outstanding shares. It is DVFI's initial goal to formulate a plan to considerably reduce the amount of issued and outstanding shares. Management is also pursuing new oil and gas opportunities that will bring immediate revenues to the company. Mr. Ambury added that the company is reviewing DVFI's past Letters of Intent and will consider proposing new offers with the possibility of joint venture partners. The company will continue to provide regular updates to shareholders as information becomes available."
Date: Tue, 6 May 2008 12:33:20
Subject: press
"Gentleman we are awaiting approval from our legal team to release the press, the press releasing being complex in nature and we want to make sure we are in full compliance. I do read the message boards and I can tell you most on there like to whine and complain, we are doing our job and if people want a half fast effort then they can put someone else at the helm. We pride ourselves on professionalism in everything we do and we are not in the business of back pedaling or retracting statements we have made… it is in our best interest as management to make sure that every concern is addressed.
If you need to speak to me further, pick up the phone and call e or email me…my number is posted.
Ed"
From: "Investor Relations" i_r@cogeco.ca
Subject: Press
Date: Mon, 5 May 2008 09:39:31
"Just so you Gentleman are updated, our press release is with our Attorney right now to make sure that everything we are saying is true and factual and based on our reviews, once he approves it will be back in our hands for final sign off then will be released.
Ed & Stephen"
Good Luck Guys
Here's an email I sent to IR today...
Subject: DVFI O/S
To: "Ed" <i_r@cogeco.ca>
Ed,
It sounds like you have the situation well under control, but please remember that because David Rees rescinded the agreement between DVFI and WRNW, the O/S cannot be more than 800,000,000 because that is what the A/S was prior to the WRNW/DFVI deal.
Wed, Mar 26, 2008 "Well Renewal Rescinds Sale of NE OK Leases to DVFI...All stock issued or transferred as part of the transaction with DVFI will be returned to the original owners and title to the leases at issue will be returned to Well Renewal as soon as practicable."
Investor Relations <i_r@cogeco.ca> wrote on May 1, 2008:
"So you have it on record total os is 900,877,885 from the updated shareholders list as of today. But I do not have the restricted list yet."
Action Type: Amendment
Document Number: 20070788962-79 # of Pages: 1
File Date: 11/20/2007 Effective Date: 11/09/2007
Previous Stock Value: Par Value Shares: 800,000,000 Value: $ 0.001 No Par Value Shares: 0 Total Authorized Capital: $ 800,000.00
New Stock Value: Par Value Shares: 5,000,000,000 Value: $ 0.001 No Par Value Shares: 0 Total Authorized Capital: $ 5,000,000.00
The above DVFI numbers are from:
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/corpActions.aspx?lx8nvq=DAC4o%252b2hMVfhZZWoEsGxfw%253d%253d&CorpName=DIVERSIFIED+OIL+AND+GAS+HOLDINGS%2c+LIMITED
Thanks Ed & Good Luck.
Also, remember that if DVFI is making money, the company can buy back a lot of stock at current prices, which can quickly lower the O/S.
Good Luck Guys.
This is a very important email from IR.
I believe the person who received this email would want it posted here, so here goes...
From: Investor Relations [mailto:i_r@cogeco.ca]
Sent: Thursday, May 01, 2008 7:02 AM
You heard wrong, no one was issued 3 billion shares at all in DVFi . The next few days Stephen and I are in meetings regards the properties, we are also looking at the properties that we have in Texas that are in our portfolio. We are ripping everything apart with our lawyer and accountant and looking to put out a press hopefully today but it looks like it will be Monday before it goes out. Which by the way does co-inside with the 30 days when Stephen and I took the position. I have written 4 press releases and rewritten them because of the changes in what we have found and I can tell you everything is positive and the outlook very bright.
Nowhere that I see on the shareholders list do we see Lancaster with 200 million but I am investigating more.
Ed
Thanks Eats, I think the next 7 days will tell us a lot.
I talked with Ed this afternoon and I asked him if he had received the books yet. He said no, but that he still expected to receive them sometime today. He said that if they did show up, he and Stephen would review them tonight and would try to release a pr asap. Remember, they do have until next Monday to fulfill their 30 day promise.
I hope that the books show up because that should simplify the situation (that is, if we can verify what the books say).
However, if they do not show up, I think that Ed and Stephen have a very good 'Plan B'. Time will tell.
I also think that there is a lot they are not telling us due to fair disclosure laws. Hopefully, this will all become much clearer this week in the form of a public pr.
Good Luck Guys.
Date: Sun, 27 Apr 2008
From: "Skip Taylor" <lewistaylor@rogers.com>
CC: skip@hydroslotter.com
Subject: Re: HSC/DVFI
I asked Skip:
"Do you know what percentage stake BIGN/DVFI still has in the 2 wells in Grimes?
How long do you think the litigation will take to run its course?
Thanks in Advance."
Skip answered:
"I am sorry for the long delay in replying you but I do not regularly use this e-mail address as it is no more than a spam dump than anything else. I would assume that your first letter somehow made its way into this folder and because I must have answered it from this folder that is how you got it. In the future for better communication you should use skip@hydroslotter.com. In addition, I have received other requests for information from other people and they are all using this address too, so you must have given it to them. I would ask you to inform them too because unless you are all satisfied waiting long periods for answers you need to use my hydroslotter.com address.
Yes, I know what the percentage stakes are in all the Grimes wells. I believe you should acquire this sort of information from your company. As a public company, don't they have to disclose that sort of information in their statements? In any case I have contacted them and have given them an opportunity to reply to you.
In regards to the time for litigation, I have no idea. It is a real pain in the @$$.
Skip Taylor"
Thanks Futr. Any help would be greatly appreciated.
It's good to hear from you, I hope you're doing well.
Please post whatever you find.
Thanks Again & Good Luck.
Let's wait and see if the books show up.
Then we can go from there.
Ed and Stephen seem to know what they are doing. I think they can arrange to have some legally binding agreement with Skip to make the deal work. However, let's take it one step at a time.
I hope the books show up because I think they will shed a lot of light on the situation. However, I'm not holding my breath.
Let's see what happens.
Yes, he is getting everything from the TA.
Here is Ed's plan in a nutshell...
I just got off the phone with him and he said that...
He just told the prior management(s) that if he does not receive the company books by next monday, he will set up an emergency on-line shareholder vote to dissolve the current company and to re-incorporate, with proportional share allocation going to present stockholders using the same or similar name dvfi. He will then immediately have Skip Taylor send all the monies owed to the new corporation and then will pay Skip Taylor/Hydroslotter approximately 20k to repair Ophelia, sending us off to the races again with two working cash-cow wells in Grimes. In other words, we will in essence be back the the original Grimes plan, which I always thought was a good plan. I think a lot of us originally invested here because of the original Grimes plan.
Good Luck Guys.
Frat, Ed just told me his email is i_r@cogeco.ca
Could you please change it in the ibox. Thanks!
Good Luck Guys
Joe, here are the API numbers...
Date: Wed, 16 Apr 2008 08:44:51 -0400
From: "Skip Taylor" <lewistaylor@rogers.com>
Subject: Re: HSC/DVFI
I asked:
"Skip
Do you know the API numbers for these two wells?
And when do you think the repairs will be completed on the second well (weeks, months, a year)?
Thanks Again"
Skip's answer:
"The APIs are
Grizzlies 1 - 01120373
Ophelia 1 - 01120148
I can's say when the repairs are going to be completed. There is litigation involving that well that we are waiting to run its course before any more money is put into the well."
Good Luck Guys.
Joe, if you ask him I'm sure he'll tell you.
He seems like a good guy.
Lewis Skip Taylor skip@hydroslotter.com
And here's more from Skip today...
Date: Tue, 15 Apr 2008 14:30:05 -0400
From: "Skip Taylor" <lewistaylor@rogers.com>
Subject: Re: HSC/DVFI
I asked:
"Skip,
Are those 2 Grimes wells still producing?
Would HSC be interested in developing new projects with BIGN/DVFI?
Thanks In Advance."
Skip's answer:
"Yes, the two wells are still producing; however the second well is shut in right now pending mechanical repairs. We are not sure when the repairs will be completed. The decline rate on the first well is such that it is predicted to flow for many years (actually it is predicted for both wells but the history is clearer for the first well). As to your second question, the short answer is yes, HSC would be interested in developing new projects with BIGN/DVFI.
Skip Taylor"
This strikes me as very good news. Good Luck Guys.
Here is an email from Skip Taylor...
Date: Tue, 15 Apr 2008 11:06:57 -0400
From: "Skip Taylor" <lewistaylor@rogers.com>
Subject: Re: HSC/DVFI
I asked:
"Skip
DVFI used to be called BIGN. I am a shareholder of DVFI, and as I recall HSC and BIGN had some projects together in Grimes, CA.
I was wondering if HSC and DVFI/BIGN still have any ongoing projects together?
Thanks In Advance."
He answered:
"BIGN has a continuing interest in 2 wells in Grimes, CA based on our project there. There are no other projects.
Skip Taylor"