Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Matrixx Agrees to Acquire an Interest in Five Oil and Gas Leases
Matrixx Resource Holdings, Inc. (OTCBB: MXXR) announced today that it has signed an MOU whereby it agrees in principle to acquire a 10% interest in five oil and gas leases in the Gulf of Mexico.
The leases are located off the coasts of Texas, Louisiana, and Alabama and cover 5,000, 2,000, 5,000, 5,760 and 5,760 acres respectively. Each lease area is located in relatively shallow water ranging from 97 feet to 240 feet. Currently, there are plans to drill 14 wells on the leases. The first well is scheduled to begin drilling by the end of 2007. Drilling is expected to continue on the 13 additional wells in 2008 and 2009.
Independent geophysical assessment has been performed on the leases by using 3D seismic survey. Initial prognosis for the14 wells indicates aggregate production ranges of 68.3 BCFG to 119.6 BCFG and 13MMBO to 18.75 MMBO.
The Company has begun negotiations with its financial partners and is arranging funding for the dry hole and completion costs that are expected to be incurred from the aforementioned 14 wells. To facilitate the financing for the lease acquisitions and required drill programs, the Company and its majority of shareholders have agreed to complete a 1 for 250 reverse stock split. Upon completion of the reorganization, the Company anticipates closing on the funding for the first drill program. Additional information pertaining to the leases, drill programs, and financing will be released as it is made available.
Matrixx has remained steadfast in its efforts in acquiring growth and investment opportunities in the oil and gas sector with the intent of providing the Company and its shareholders a much-improved increase in shareholder value. Additionally, the Company is positioning itself to aggressively exploit its' properties to accelerate cash flow and to provide rapid returns on its investments in the oil and gas sector.
did anyone else get the letter they sent that had the .0001 crossed out and .01 overtop
they should have to pay the 35 when its their mondatory bayback not fair
if you dont wan tto sell back your common shares you dont have to?
Thank you wise investor.
asked my scottrade and he didnot seem to know much.
any guesses as to what the price will be after after buy back?
does this mean they are going to buy back 95% out of a person shares or all their shares
anyone have an idea what the cash dividend will be
scottrade shows my shares totaling 100 now
i have 300 shares of phil show up on my scottrade but n/a
CORAL SPRINGS FL--(MARKET WIRE)--Mar 28, 2007 -- FSBO Media Holdings, Inc. (Other OTC:FSMH.PK - News) has entered into a Memorandum of Understanding to enter into a definitive agreement to produce, market and sell the BodyBeam and other health-related products. The infomercial is co-produced and directed by MEDIA WORLD and HI-DEFitness and features legendary boxing trainer Tommy Gallagher and TV's All Star Workouts and Celebrity Choreographer Madonna Grimes. Joseph Nenoff and James Abbondanza, Co-Developers of the BodyBeam, are also featured in the Infomercial.
The BodyBeam's patented unified pull push movement allows you to exercise the entire upper body without placing any additional stress on the joints or tendons. (www.bodybeam.com) The BodyBeam utilizes your body weight to create the resistance needed to help push your body to the limit because each repetition produces results. We believe the BodyBeam is the best all around exercise machine in the market today through 30 exercises that target specific muscle groups.
i have shares of paim is it supposed to be paimp now?
called my broker here iis the paivis number for investor information 1 800 963 6471
the promblem with the shares rounded to 100 is the company has not given the information yet.to the transfer agent
did anyone ever get their shares rounded to 100 yet
ok can someone explain why i still show pavc shares now but .000
money
stock market falling
what happened?
do you see the stock market in the last few minutes?
ok im confused, idont see the shares of pgmc in my scottrader.
but my paim is still there.
how does it work out in the end will you have both paim and pgmc.
i have 30000 shares of paim as of now.
hope your right about mxxr im ready
what is 504 stock mean
already selling this morning
im wondering the same thing came out with the news then quiet
its moving up
yess upppppp
im here they are already trading
if the increase is do to the spam how long do you think this upward swing will continue?
Are they trying to generate money to continue to drill?
im still learning so not trying to bash or sound ignorant.
I was in this stock whenit reached .09 and didnt seem to be any news at all.
hunter i too bought in when vnble and still have faith in it.
maybe it will keep going up.
mxxr .018 - .024
im glad its finally going up i bought in at .02 now if can get paim to go up and get rest of my shares in pavc. ,
thats ok glad it wasnt me anyone was upset with.
seen reply to me and wondered how i bashed.
i delete all the spam i get.
dont pay attetion to the viagra spam either.
im a woman not a man.
channelislandssurf
i wasnt bashing anything i didnt say anything bad .
i am in this stock, glad to see it go up.
dont know if they had spam mail out , .
Pr out...
FSBO Media Holdings Subsidiary FLV Hosting Enters Into Agreement With Punch! Software(R)
11/13/2006 10:00:14 AM
FLV Hosting Format Chosen Over Windows Media to Provide Custom Branded Player
CORAL SPRINGS, FL, Nov 13, 2006 (MARKET WIRE via COMTEX) -- FSBO Media Holdings, Inc. (PINKSHEETS: FSMH) wholly owned subsidiary FLV Hosting has entered into an agreement with major software distributor Punch! Software(R) www.punchsoftware.com to provide a custom branded FLV Player for use on every CD of Punch! Software(R) products.
Punch! Software(R) is America's number one best-selling home and landscape design software since 2000. Punch! Software(R) ships up to 25,000 boxes of software per month to major retailers such as Office Depot, Best Buy, and CDW.
Paul Vizard, President of FLV Hosting, said, "Every installation of Punch! Software(R) on a PC will include the FLV Player, which enables playback of the programs' interface. Our format was chosen over Windows Media due to the higher compression which allows more data to be added to each CD."
Paul also commented, "I am very excited working with Punch! Software(R) on this project which will build the FLV Hosting and FSBO Media brands through our PC and web based solutions. This agreement puts us firmly in the spotlight!"
About Punch! Software(R)
Punch! Software offers 3D home design suite for professional home planning with real model technology. http://www.punchsoftware.com/about_us.html
About FLV Hosting
FLV Hosting was created to simplify video streaming in Flash FLV format. Our proprietary video generator allows you to upload and deliver instantly, or you can use our online video recorder along with your web-cam. Choose over 15 different methods of video delivery. Depending on the length or minutes of clips or movies, FLV can help you decide the best way to display them on your website, in video blogs, infomercials and more. www.flvhosting.com
About FSBO Media Holdings, Inc.
FSBO Media Holdings excels in web development and media strategy, online-offline promotions, partnership marketing and branding/identity. FSMH utilizes conventional forms of media advertisement such as Internet, TV, print and radio. Other service providers will be able to advertise services and products and technologies through the FSBO Media Holdings network of affiliates. FSBO Media Holdings, Inc. will also seek to acquire other businesses and technologies as well as other providers of media content. FSBO Media Holdings has established individual divisions to include FSBO Home Shoppers Network, an online merchandiser of thousands of household items and FSBO Financial Network by which the Video-Spectus(TM) is produced and sold. FSBO flat fee home listing and marketing services are offered to our subscribers at substantial discounts. The company has also created self-help training CDs to include By Owner University which guides the FOR SALE BY OWNER subscriber with tips and ideas on how to sell their home on their own. The Help-U-Build Guide instructs the subscriber how to build their home on their own which could save them thousands in construction costs. Both CDs are produced in English & Spanish. www.fsbomediaholdings.com
.022 go go go
thanks uwlungman glad to hear some news.
hope starts going up soon.
anyone hear anything on asni venture yet.
now would really be happy if paim would kinda go up a little
thats means they are asking 2.00 a share how can they go that high
i guess NOV. 17 at 1300 hours
im glad to finally see it going up.
Like you hope good news not because of spam.
60000 already traded