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LDSR supposedly owned a patent for recycling old tires into
various rubber products. Lost around 2K on this one back in 2001. First pinkie I owned. Paid as much as .45 per share for this back then. All of a sudden, there was no more news. Could never verify any of the facilities they supposedly owned. The old LDSR CEO, D. Elroy Fimrite, disappeared and resurfaced as CEO of SNRG. Fact...Captain! See below copied from pinksheets.com
Home >> Quotes & News >> Quote >> SNRG
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SNRG — SNRG Corp.
Common Stock
Par Value: 0.00001
QuoteNewsChartsCompany InfoFilingsResearch ReportsShort InterestInsider Trans.Inside Quote Best Bid Best Ask Time of Last Inside Change
0.011 (5000 shares) 0.04 (5000 shares) 7:55 AM
Trade Data / Last Trade 10/07/2008 Last Sale 0.015 Change -0.002
% Change -11.7647 Tick Down
Daily High 0.022 Daily Low 0.015
Opening Price 0.015 Volume 20,000
52 wk. High 0.075 52 wk. Low 0.0025
Prev Close 0.017 Dividend 0.00
Yield 0.00 Beta Coefficient 0.58
Trade data delayed 15 minutes.
Refresh All DataContact Information Business Description
SNRG Corp.
2200 Post Oak Blvd.
Suite 510
Houston, TX 77056
http://www.snrg.net/
Phone: 713-961-3200
Fax: 713-961-3201
E-mail: info@snrg.net
OTC Market Tier
Pink Sheets No Information
Primary SIC — Industry Classification
1000 - Metal Mining
State Of Incorporation
NV
Jurisdiction Of Incorporation
United States
Company Officers
D. Elroy Fimrite, President, CEO
SEC Reporting Status
SEC Reporting Company
CIK
0001102944
Estimated Market Cap
$1,387,765 as of Oct 7, 2008
Outstanding Shares
92,517,643 as of Jun 30, 2004
Current Capital Change
shs increased by 3 for 2 split
Ex-Date: May 30, 2002
Record Date: May 28, 2002
Pay Date: May 29, 2002
Company Notes
Formerly=TexEn Oil & Gas, Inc. until 8-05
Formerly=Palal Mining Corp. until 5-02
Security Notes
Capital Change=shs increased by 5 for 1 split. Ex-date=04/24/2001. Rec date=04/20/2001. Pay date=04/23/2001.
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Already dumped MONA. Could have recouped $800 of my 2K loss, but not with a date of Feb 2005. I owned CHNW to EFGO to MONA
since Feb 07. I wouldn't have received crap anyway. Glad I'm out of this mess.
Do you know if anyone that has unrestricted shares sold them?
Would love to know what they got for them! Ha! Ha! Bet you won't answer this one.
Totally agree with you "old timer". So glad I bailed out and
took my remaining 20 bucks (out 2K) before the next reverse split that I sense is coming soon. CHNW to EFGO to REVERSE SPLIT to MONA/GLCC WORTHLESS DIVY. Don't see how anyone can be excited about more divies coming. Cleaned all of the pinkies out of my Ameritrade portfolio and they didn't charge
me a penny to dump them. Nothing but real stocks in my account now. Monthly dividend (real cash) paying stocks only. GLTA
When I saw that Garr was now CEO of LDSR, that was enough from me! LDSR was a scam that I lost a lot of money in Back in 2000-2002. LDSR CEO disappeared from lDSR and resurfaced with SNRG. Name is mispelled on Nevada SOS as Elroy Filrite instead of Elroy Fimrite. Saw a video on SNRG on wallst.net
and it is indeed the same crooked fella!
I sold and feel good about it! No more waiting for nothing! Buying real stocks that pay monthly dividends! GLTA!
Hooray! I'm out!! No more waiting for nothing!! GLTA! Only real dividend paying stocks for me from now on!
Guess it's time to consider closing my position in GLCC/MONA.
After selling both, I would have $20 left (not counting a loss of over 2K). Fact. Need to get out before a R/S costs me a $20
reorganization fee with ameritrade per stock.
Interesting indeed. Garr Winters tied to LDSR. Used to own shares of LDSR (POS). Lost my shirt. Elroy Fimrite was CEO.
Looks like he moved to SNRG. Last name is listed as Filrite
on Secretary of State Nevada site, Fimrite on pinksheets.com. Typo? LDSR used to have a so-called patent and were able to recycle old tires into new rubber products. So much for that idea. Check out the new business model for Landstar (LDSR)
and their old business model below. IMO LDSR and SNRG are
into the same thing. Hmmm.
Columbus to Get Tire Recycling Facility
By
10/17/2002
URL: http://www.recyclingtoday.com/news/news.asp?ID=3069
An agreement announced last week between the Solid Waste Authority of Central Ohio and Landstar Inc. means the Columbus’s vacant trash-burning plant may once again produce revenue.
SWACO director Mike Long and Elroy Fimrite, president and chief executive officer of Landstar Inc. of Scottsdale, Ariz., announced last week that a memorandum of understanding has been signed to convert the facility to a tire-recycling operation.
"For too many years, taxpayers have borne the cost of the plant's debt," Long said. "Finally, we have found someone who will pay us and still make money as they use the facility."
The plant has been vacant since December 1994, when it was closed due to environmental and financial concerns. The city of Columbus owns the plant, but SWACO is under lease as the operator. The city still owes approximately $105-million to bond-holders. SWACO is obligated to make lease payments in the amount of $128.4-million to the city.
Under the new agreement, Landstar will make a $6-million payment to SWACO by March 31, 2003. Long said SWACO will apply the money toward the lease payments owed to the city. SWACO will also collect $5 per ton on tires delivered to the facility.
Fimrite said his company owns the North American rights to a technology that creates a new raw material called "activated modified rubber," which can be used in vulcanized products. The plant is expected to require no special permits from the Environmental Protection Agency, as the process is considered a "zero-emissions" one, Fimrite said.
"We're not just talking about recycling rubber back into something that doesn't have any value in the community," he said. "The intent to build a rubber recovery plant is the first step in a long evolution process."
Fimrite said Landstar has operated a pilot plant in Dayton for the past three years.
"We have proven the technology works," he said.
About 70 percent of rubber is used by the automotive industry, Fimrite said. The tire-recycling facility will produce rubber products that can be used in construction, playground equipment and athletic surfaces.
"Our technology will allow us not only to recover the rubber from tires, but the rubber from industrial scrap and waste," Fimrite said.
He said he expects Landstar to eventually recycle 10-million tires a year at the Columbus facility. Abandoned tires from the Columbus community will be accepted at the plant free of charge, and there will be no outside storage of tires at the facility, Long said.
"We also believe there will be no dust issues, no noise issues and no significant traffic issues," Long said.
He said having a tire-recycling operation in central Ohio will help alleviate fire hazards, mosquito problems and other environmental issues around the state that stem from discarded tires.
"This is a great deal for everyone," Long said. "There is a new use for the old plant, which helps pay off the debt; the process will help eliminate a major source of pollution, new jobs are created and we gain an environmentally responsible neighbor for the South Side of Columbus."
Long said SWACO gathered input from area civic groups in planning the new use for the facility and is making an effort to inform the community about its intended use.
"What SWACO has done is made a general outreach to South Side neighbors. We've attended a lot of community meetings," Long said. "We plan to visit the Landstar pilot plant in Dayton and take South Side neighbors with us."
He said the tour will take place on Oct. 16. SWACO is also in the process of putting together a briefing book to distribute to 250 residents who live near the facility, Long added, and will continue to distribute information at meetings of civic and community groups.
Fimrite said Landstar first looked at the facility three years ago as a potential site for the tire-recycling operation.
"There's a lot of infrastructure that can save us some time in putting the facility together," he said. "One of the reasons we like this facility is the facility is built up, nine stories tall. With this facility, we believe we can start the (recycling) process at the top and use a gravity feed as it moves down."
With the memorandum of understanding, "what we've done is set down the framework to open this facility," he said.
Long said the agreement with Landstar replaces a similar proposal with Morro Bay, Calif.-based Universal Purifying Technology Co. that SWACO announced in May.
"This project is different from others that we looked at because we're requiring an up-front payment," Long said. "The other projects involved a low up-front payment and a royalty payment."
Landstar also plans to move its research facilities to Columbus. Fimrite said the company plans to employ 50 initially, but plans call for Landstar to eventually have a Columbus workforce of 200.
The memorandum of understanding proposes a 50-year lease with a 50-year renewal option. Fimrite said the facility's opening date will depend on the company's ability to secure loans, grants and other financing. The memorandum of understanding must also be approved by Landstar's board, SWACO's board, Columbus Mayor Michael Coleman and Columbus City Council.
Fimrite said Landstar is in the process of putting together an engineering team that will determine what conversions need to be made to the former waste-to-energy facility and how much the conversions will cost. He added that he anticipates bringing the memorandum of understanding before Landstar's board within the next 30 to 40 days.
SWACO spokesman John Remy said no definite time frame has been set for sending the memorandum of understanding to the city for approval. – www.thisweeknews.com
Like those valuable ones we received last February that are
still worthless?
Nashville Records.
HERE IS MY POINT! WHAT FOOL WOULD PAY $150 FOR THE ABILITY TO SELL SOMETHING FOR $11.01 (AFTER ATRADE COMMISSION)? THE DIVY
IS CURRENTLY NOT ONLY WORTHLESS, BUT I WOULD LOSE MORE MONEY
BY SELLING IT! CONCLUSION: THEY HAVE GIVEN ME (NOTHING)!!! AND
WE SHOULD GET EXCITED ABOUT UPCOMING DIVIES AND CASH!!
Captain...I don't know what I'll do with all my free money if it costs me $150 to get the restriction lifted. Hmmm...let's
see...I have 3,000 GLCC divy shares currently valued at .007...$150 - $21 = ($129)...Ha! Ha!...Oops...Forgot my $9.99 Atrade commission... I would be out $138.99! Yeah...
reap the rewards! Think I'll hang on to them! Once again...
they've never given anything back. All take...no give. My personal experience. Fact.
What is this about the shareholder having to request the restriction be lifted on the GLCC divy to reap the rewards? . I use ameritrade. How do I do this? Something is wrong with this picture. I haven't heard anyone mention reaping the rewards of the divy.
I'm a true long and the reward has been "just around the corner" for 19 months. Still waiting on the 2K that I need to break even. I guess I would be considered a long> Bought CHNW
Feb 07, changed to EFGO, reverse split and changed to MONA
plus I received the restricted GLCC divy. Very few on this board left from the old days. Two are currently banned. Old timers such as myself will give you the true facts/performance on this one. Still have faith in this, but I'm getting very impatient.
Roger that! I have the worthless GLCC divy in my account and worthless! I don't think we will see a cent for the shareholders. What they've given me thus far is worthless. Who would be fool enough to think there's money coming? They can start by returning my 2K investment (loss) that's in their hands (or spent).
Roger that! You both have been around since the CHNW days, haven't you? Pretty sure itlogic has. I have. I received the GLCC divy through EFGO ownership and also bought some GLCC
shares last May.
About a year ago you may remember the Toronto office pictures.
You can copy/paste a million different office pictures off the internet that even include personnel. Pick one. Ha! Ha!
I bought GLCC at .075 in May 2008. Guess that was too early?
The one I have really lost my shirt on is CHNW to EFGO to
MONA with worthless free divy of GLCC. Of course you can see how GLCC has performed (the portion I purchased besides the worthless GLCC divy) since last May! IMO, ticker symbol changes only serve one purpose...an attempt to cover up their tracks in order to draw in new unsuspecting investors and start the BS all over again.
Yes. Be patient. I've been patient for 19 months and have about $60 left of my 2K investment. In my opinion, being
patient much longer, I will see a reverse split/ticker symbol
change which will wipe out my remaining money plus get slammed
with a $20 reorganization fee from ameritrade.
PLEASE! EFGO DID A 1: 1000 RS AND THEN BECAME MONA!! I CAN'T BE FOOLED. BEEN IN THIS FOR TOO LONG. OUT 2K. REVERSE SPLITS HAVE ALWAYS BEEN A DISASTER FOR MY WALLET. THREE PHASES: REVERSE SPLIT...GRAB A BUNDLE OF YOUR SHARES...THEN
GRAB YOUR MONEY BY RE-DILUTING BACK TO PRE-REVERSE SPLIT PPS.
PPS HERE SPEAKS FOR ITSELF. NOTHING ELSE MATTERS. GETTING BORED WITH ALL THE BS AND FLUFF ON THIS BOARD. SHOW ME THE MONEY GLCC/MONA!
BUT EFGO DID!! EFGO IS NOW MONA!! I CAN'T BE FOOLED. I'M OUT 2K ALONG WITH A WORTHLESS GLCC DIVY. REVERSE SPLITS HAVE BEEN A DISASTER FOR MY WALLET EVERYTIME!! FIRST THEY GRAB YOUR SHARES..THEN COME AFTER YOUR MONEY THROUGH RE-DILUTION.
REVERSE SPLIT = THEY NEED YOUR MONEY!! IMO
Don't hold your breath. I have pinkie divy's several years old on other pinkies. None have any value. I wouldn't expect
the next one to be worth anything. Hope I'm wrong but I have experienced nothing but a 2K loss in my 19 months with this one
(CHNW to EFGO to MONA and GLCC divy). Fact. PPS speaks for itself. Nothing else matters.
We've been winding up for the takeoff for 19 months that I've been a shareholder. If I can just recover my 2K loss in this, I will be happy.
Hooray!! RaH! Rah! Maybe more divies for the longs! I'm a 19 month long and got GLCC divies last February and they are currently worthless. More divies!! YEEEEEEHAH!! Can't wait!
What is the MONA connection to IR Audiostocks? I visited that
site. They don't list MONA or GLCC. They still have Espirit (EFGO) listed.
So you're saying our restricted divy shares are worthless for
the remainder of 2008? I had a good idea the restriction wouldn't be lifted last month as it was posted on this board earlier. That poster knows it wasn't going to happen. I have no pinkie divy that the restriction has been lifted on. Have several of these divies (some as old as 4 years) that are all
still restricted ...in other words...WORTHLESS!
Things are really looking up here. I have one question...Why do they start talking about upcoming cash or stock dividends
to shareholders? EFGO to MONA shareholders such as myself already got the GLCC divy which is still worthless! If they
really want to reward the shareholders with anything...why not
start with lifting the restriction on the divy some of us already have (on paper).
Who are the insiders that are buying? Please provide me a link. Thanks.
Where do you see progress? You must have a low cost average.
Progress to me is when my investment is worth more than when I bought my shares. My 2K investment is now worth about $50.
Progress? Well...I'm holding on until the end. At least they have admitted in the PR that they have not fulfilled promises
to their shareholders. In my opinion, (have no idea if you truly own shares or not) I can't see how you can be so positive if you are a shareholder.
Am I reading this right? Now they may get involved in the oil business? What a confusing mess. I can understand why there are negative posts on this board including my own sometimes. If you look through past PR's and try to piece all of this together...you can't. Just my opinion.
Go MONA! Another 1450% increase and I'll be even on this one!
If you are asking me...I have no idea. I need .09 to break even in this one. I am limited to 3 posts per day so this is it. Good luck to all. GO MONA/GLCC!!
Roger that! 18 months for me.
Why the huge gap between the bid/ask? Just doesn't make sense.
GLCC has finally tightened up. Why not MONA?
What a ripoff this stock has been! R/S = THEY NEED YOUR MONEY!
On top of it, I get slammed with a $20 reorganization fee with Ameritrade!
Roger that! -2K
I have other divys in my account that have been worthless for over 4 years! All are still restricted and worthless. I'm not
counting on one cent from this one either. If they had any intention of giving us anything, it would be reflected in the PPS period! Share buyback! Have never got a penny on any pinkie "free" divy handout. Oh well. That's my three posts for
the day. Thanks again admin for your fairness. GLTA
All this crap supposedly going on and not a cent for the shareholder! The writing is on the wall! Your PR's mean nothing. In my opinion, the PR's are just an attempt to bait in unsuspecting investors! Show me the money!
Hey Captain! What happened with the restriction being lifted
on our divy? Oh well. Nothing new. Nothing for me the last 18 months. They keep talking about shareholder value. I'm out 2K!
Why should I be surprised. Show me the money GLCC! No more fluff PR's.