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I have never seen EFTI mentioned as a potential target. They just recently canceled their reverse split because they said it was no longer necessary. Sounds like they will not be merging with CastCrete. I think they have around 604 million shares. If you go to yahoo and divide the market cap by the share price you get 604M.
I think everyone is cautiously optimistic..lol. eom
Great find. I had just cut out the paragraph that you highlighted and clicked back to USSE to post it when I saw your post. It explains where they came up with the $9-12 billion number. JR has said before that he has been offered great amounts of money for his process.
After sitting most of the day with zero volume it does nearly half of its 10 day avg in the last hour or so to maybe close green.
Up a penny...Maybe we struck gold...lol..eom
Alphatrade still shows no trades...eom
I have a small enough position that I will hold till 0 or 1.00, whichever comes first, lol. Although I do wish I would have had the cash to average down when it was much lower.
A little green in the portfolio sure doesn't hurt. It makes it a little easier to keep holding.
I guess they are continuing to build their team. They seem to be gaining experience. I think they may be able to overcome the Cornell financing eventually. I would like to hear more about the
WB Osborn deal and how it is coming along.
Ignis Petroleum Appoints Robert W. Stancil as Senior Vice President of Exploration
Thursday January 4, 8:00 am ET
DALLAS, TX--(MARKET WIRE)--Jan 4, 2007 -- Ignis Petroleum Group, Inc. (OTC BB:IGPG.OB - News) today announced the appointment of Robert W. Stancil as Senior Vice President of Exploration. Mr. Stancil, 53, will be responsible for leading all exploration activity for Ignis, including identifying, evaluating and developing new business opportunities, and will serve as a member of Ignis' senior management team.
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Mr. Stancil has over 30 years of experience in the oil and gas industry, most recently as Vice President of North America Exploration for Anadarko Petroleum Corporation, where he was responsible for all onshore exploration activity and portfolio management. He was also involved in corporate strategy and planning. Prior to that, Mr. Stancil held various positions within Anadarko including General Manager and Senior Vice President of Exploration & Production, Anadarko E&P USA, Inc., where he was responsible for the Eastern Gulf Coast area. Over his career, he led successful exploration efforts in active plays throughout the United States with particular focus in the Gulf Coast area. Mr. Stancil introduced new exploration concepts in mature basins throughout Anadarko's properties and executed a 52-rig exploration and development program in the East Texas Bossier, North Louisiana Lower Cotton Valley, and South Louisiana Miocene plays.
Mr. Stancil received his Bachelor of Science degree in Geology from Campbell University in North Carolina. He is a member of the American Association of Petroleum Geologists, current Vice Chairman of the Resource Evaluation Committee, Houston Geological Society, and Lafayette Geological Society. While serving on the 2002-2003 National Petroleum Council, Stancil led the unconventional resource assessment for natural gas in North America as a member of its Supply Task Group.
Michael P. Piazza, Ignis' Chief Executive Officer, said, "We are all very pleased to have Bob join the Ignis management team. This is a vital position within the Company and I expect Ignis to benefit significantly from Bob's over 30-year track record of exploration and production success and his energetic leadership."
About Ignis Petroleum
Ignis Petroleum Group, Inc. is a Dallas-based oil and gas production company focused on exploration, acquisition and development of crude oil and natural gas reserves in the United States. The Company's management has closely aligned itself with strategic industry partnerships and is building a diversified energy portfolio. It focuses on prospects that result from new lease opportunities, new technology and new information. For further information, visit www.ignispetro.com.
Safe Harbor for Forward-Looking Statements
This release contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation, expectations, beliefs, plans and objectives regarding the potential transactions and ventures discussed in this release. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the risks inherent in oil and gas exploration, the need to obtain additional financing, the availability of needed personnel and equipment for the future exploration and development, fluctuations in gas prices, and general economic conditions.
Contact:
For Investor & Media Inquiries, contact:
Patty Dickerson
Vice-President External Affairs
214-459-3193
866-67-IGNIS (866-674-4647)
pd@ignispetroleum.com
Source: Ignis Petroleum Group, Inc.
Still here. There has been some decent movement lately.
I guess I wasn't paying attention. I didn't know we had a mining division..lol. I need to go back and read some old PR's. I guess it could get real interesting next year.
I thought this whole commercial thing was funny and a little sad. Jim Plant started this company in his basement and through his leadership and guidance brought it to over 30 employees in what looks like fairly nice offices and in a fairly short period of time. Anyone who has ever started a company knows that there are many things that can go wrong. You just have to keep going and work through each problem as it occurs. I had a retail store once and I was the only employee. If I needed to go take a dump I had to lock the front door and hang up a sign saying back in 5 minutes. You work through the problems. You can be sure that Jim has invested many, many hours of blood, sweat and tears into this company and the last thing he needs is a bunch of investors second guessing his every move.
So, for me, it’s real simple:
Do I believe in what Jim is trying to accomplish and do I believe that he can see it through. The answer is yes and that is why I am still here. If I didn’t I would MOVE ON!
Give the man the room to do his job.
I like seeing green on this one but it still has a ways to go before my account sees green. I am patient..lol.
I am going to tell myself its a rally...lol. I think things will get better next year.
Thanks Kingoil. I remember that now. It was the GRLY ceo that spoke up and I guess it was the conference call. lol Thanks for clearing that up.
Go back and listen to the demo. JR explains why the Cyber deal fell through and the CEO of CYBER speaks about it in the demo also. They were having problems cleaning up their bankruptcy so JR moved on to another shell. I believe this is what happened. Anyone know differently? Am I remembering this right?
This is the most activity we have had in awhile. I thought the reverse split was part of the CastCrete merger. I haven't heard anything about CastCrete in a long time now. I wonder if the merger is still planned. This PR could be good news but it would be nice to hear something specific.
More news, cancels R/S....
EarthFirst Technologies, Inc. Cancels Plan to Reverse Stock
Friday December 15, 10:00 am ET
TAMPA, Fla.--(BUSINESS WIRE)--EarthFirst Technologies, Inc. ("EarthFirst", or "the Company") (OTCBB:EFTI - News) announced today it has canceled its planned 60-1 reverse stock split.
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"With recent progress in the development of our technologies, the number of outstanding shares might not be relevant in our ultimate valuation," stated John Stanton, Chairman and CEO. "Other companies in our industry that we believe might have lesser developed technologies have supported valuations sufficient to allow EarthFirst to continue its business plan with no reverse split of its stock," concluded Stanton.
About EarthFirst Technologies, Incorporated
EarthFirst Technologies, http://www.earthfirsttech.com, is a specialized holding company engaged in researching, developing and commercializing technologies for the production of alternative fuel sources and the destruction and/or remediation of liquid and solid wastes, and in supplying electrical contracting services to commercial and government customers internationally. Through its subsidiary World Environmental Solutions Company (WESCO), EarthFirst markets solid waste remediation plants utilizing a proprietary Catalytic Activated Distillation (CAVD) process, which is a superior technology developed by EarthFirst to recycle rubber tires and other waste by heating the material without burning it. Through its subsidiary Electric Machinery Enterprises, Inc., http://www.e-m-e.com, the Company provides electrical contracting services both as a prime contractor and as a subcontractor, electrical support for industrial and commercial buildings, power generation stations, and water and sewage plants in the US and abroad. Through its subsidiary EarthFirst Americas, Inc., the Company is engaged in the global development, marketing and distribution of biofuels.
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of EFTI officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future EFTI actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and EFTI has no specific intention to update these statements.
Contact:
Redwood Consultants, LLC, Novato, Calif.
Jens Dalsgaard, 415-884-0348
Some news I guess. I think this is the same firm that USSE/USSP is using. I hope it helps the share price.
EarthFirst Technologies Inc. Retains Business Communications Consulting Firm Redwood Consultants, LLC for Market Communications, Investor Relations and Strategic Planning
Friday December 15, 9:39 am ET
TAMPA, Fla.--(BUSINESS WIRE)--EarthFirst Technologies, Inc. ("EarthFirst", or "the Company") (OTCBB:EFTI - News) announced today that it has retained Redwood Consultants, LLC to assist the Company with its market communications, investor relations and strategic planning activities.
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A full-service investor relations firm headquartered in Novato, Calif., Redwood Consultants specializes in creating credible awareness of its clients' corporate potential to the financial community through communications with analysts, market makers, institutions, retail stockbrokers, and individual investors worldwide. Redwood will play a vital role in business development programs and providing investors with up-to-date information and continual communication, through various methods, as part of EarthFirst's commitment to its investors.
John Stanton, Chairman and CEO, stated, "Redwood's extensive expertise, talent, and credibility will assist the Company as we commercialize our technologies." Stanton added, "Redwood may also assist in introducing the Company to potential candidates for acquisitions, joint ventures, strategic alliances, financing and other corporate strategies."
About EarthFirst Technologies, Incorporated
EarthFirst Technologies, http://www.earthfirsttech.com, is a specialized holding company engaged in researching, developing and commercializing technologies for the production of alternative fuel sources and the destruction and/or remediation of liquid and solid wastes, and in supplying electrical contracting services to commercial and government customers internationally. Through its subsidiary World Environmental Solutions Company (WESCO), EarthFirst markets solid waste remediation plants utilizing a proprietary Catalytic Activated Distillation (CAVD) process, which is a superior technology developed by EarthFirst to recycle rubber tires and other waste by heating the material without burning it. Through its subsidiary Electric Machinery Enterprises, Inc., http://www.e-m-e.com, the Company provides electrical contracting services both as a prime contractor and as a subcontractor, electrical support for industrial and commercial buildings, power generation stations, and water and sewage plants in the US and abroad. Through its subsidiary EarthFirst Americas, Inc., the Company is engaged in the global development, marketing and distribution of biofuels.
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statement of EFTI officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future EFTI actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and EFTI has no specific intention to update these statements.
Contact:
Redwood Consultants, LLC, Novato
Jens Dalsgaard, 415-884-0348
Source: EarthFirst Technologies, Inc.
I just posted news lol lol
NAEG Announces Memorandum of Understanding for $5 Million Funding
Thursday December 14, 9:45 am ET
FOREST HILLS, N.Y.--(BUSINESS WIRE)--Native American Energy Group, Inc. (the "Company" or "NAEG") (OTC Pink Sheets: NVMG - News), today announced an MOU with a foreign investment group for a $5 Million ($5,000,000) funding on favorable terms. The funds are to be used for general well development, lease acquisition and operational purposes, and will be received by the end of January 2007. The Company currently has no debt. NAEG is a publicly traded, independent, energy company that recently commenced oil production in Northeast Montana.
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The financial agreement which is the basis of the MOU was arranged by Joseph D'Arrigo, President & CEO, and Raj Nanvaan, Chief Financial Officer, after reviewing several other proposals. The interest rate on the note is eight percent (8%) due and payable at the end of the five-year term of the loan. The note is being collateralized with restricted shares of the Company's common stock with no conversion feature. Such shares will be returned upon repayment of the note after five years.
Raj Nanvaan stated, "We are pleased to be aligned with a group that has vast resources as well as a strong interest in our projects and also shares our belief in supporting the sovereignty and prosperity of Native American nations. We have diligently reviewed many proposals before moving with this group. This loan is a straight-forward loan with an interest rate that makes sense. They're accepting our restricted common stock as collateral for this loan. They are the first group that realized the real potential of this company and didn't approach us with some sort of convertible note deal or unethical equity offer. They're a group that looked upon us with true synergy and I can honestly say with sincerity, we look forward to a long and prosperous relationship with them."
CEO Joseph D'Arrigo added, "We also have our audited financial statements well underway to completion as we plan on filing a registration statement with the SEC next year to become a fully reporting company. Our financial statements are being prepared by the company's Certified Public Accountants, the Resnick Druckman Group out of New York. Our legal counsel, Wright Lindsey & Jennings LLP will be preparing the necessary registration statements for filing with the SEC."
About Native American Energy Group, Inc. (OTC Pink Sheets:NVMG - News) http://www.nativeamericanenergy.com/aboutus.htm
NAEG's previous achievements can be accessed on the Investor Relations page: http://www.nativeamericanenergy.com/investorrelations.htm
Safe Harbor Statement: This News Release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities & Exchange Act of 1934, as amended, with respect to corporate objectives, projections, estimates, operations, acquisition and development of various interests and certain other matters. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein.
Contact:
Native American Energy Group, Inc.
Richard Ross, 800-780-8076
ir@nativeamericanenergy.com
http://www.nativeamericanenergy.com
I wondered about that too...eom
Shakerzzz is pushing it. eom
OT. I was never offically a land man either. I was a computer programmer that had help develop some software to run an abstract plant. I went to work for the landman trying to computerize the indexes to courthouses of several major oil producing counties around midland. We wanted a landman to be able to do takeoffs right there in Midland from our computers.
Actually, that is what I had intended. Unfortunately, I bought on the way down last time...lol and was hoping to get even this time.
OT. Imperial, I used to work for a landman in Midland, Tx. He used to tell me stories about trying to get leases and dealing with land owners. Once, he sent me out to do a mineral takeoff in Ward County. I had never done one so the morning I was to head out he explained the 5 mineral rights to me and told me to be sure and keep track of each one, lol. As I walked out the door he said, "by the way, be sure and to see if any of the leases are HBP. Missing an HBP interest is the quickest way to get fired as a landman." I did the takeoff and found some problems. He got agravated with me because it was taking so long but I finally convinced him they were serious problems. He arranged for us to visit an attorney that had an abstract for the parcel I did the takeoff on. We got to the attorney's office and he pointed to the abstract on his desk and said, "I have to go to the restroom and may not be back for awhile." As soon as he left we grabbed it and turned to area that I had a problem with and it turns out the attorneys had the same problem. I was vindicated. I really enjoyed that work and sometimes wished I had pursued it more.
I hope the run is not over. It still hasn't made it back to where I got in on the last run. lol
No, that was my retirement fund...lol
I had to turn off signatures for that reason...LOL.
We tend to forget sometimes that HEPH has other things going in addition to ARS.
Hollis-Eden Pharmaceuticals Presents Additional Positive Data with Drug Candidate HE3286 in Model of Rheumatoid Arthritis
Thursday November 30, 7:00 am ET
Novel Steroid's Anti-Inflammatory Activity Linked to Regulation of NF-kappaB and Increase of Treg Cells
SAN DIEGO--(BUSINESS WIRE)--Hollis-Eden Pharmaceuticals, Inc. (NASDAQ:HEPH - News) is presenting new data this week on an experimental drug candidate, HE3286, an orally active novel synthetic steroid hormone. Highlights from the presentation include findings demonstrating HE3286 had a dramatic benefit in a rodent model of rheumatoid arthritis. In a collagen-induced arthritis model (CIA), HE3286, when compared to placebo, significantly reduced the severity of disease and decreased disease over the course of the study. Moreover, histological analysis of joint tissue conducted at the end of the study indicated a marked reduction of tissue damage in the HE3286-treated animals compared to placebo. The findings are being presented this week in a series of oral presentations at the Fifth International Congress on Autoimmune Diseases being held in Sorrento, Italy.
Source: Hollis-Eden Pharmaceuticals
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The Company also is presenting further in vivo and in vitro data elucidating potential mechanisms of action for HE3286 that include regulation of NF-kappaB and increasing the production of regulatory T cells (Treg cells). NF-kappaB is a well-known transcription regulator that controls the production of inflammatory cytokines such as TNF-alpha and Interferon-gamma. Treg cells are referred to in the scientific literature as the peacekeepers of the body. Their role is to keep the immune system from attacking the body itself. Recent studies of Treg cells indicate that they may play a broader role than simply preventing autoimmune conditions. The medical literature is now suggesting that the manipulations of these cells could offer new treatments for conditions ranging from diabetes to organ rejection. At a previous scientific meeting the Company presented preclinical data demonstrating HE3286 improved glucose tolerance in a model of early insulin resistant type-II diabetes. The benefits in this model of diabetes were also believed to be attributable to the regulation of the NF-kappaB pathway and the increase in Treg cells.
Additional preclinical data presented at the conference demonstrate that HE3286 avoided unwanted side effects of immune suppression when compared to dexamethasone in well-established animal models. In a separate presentation, the Company also showed data suggesting that a newly identified subclass of compounds may potentially provide benefit to patients with various other autoimmune diseases, including multiple sclerosis. Preliminary studies suggest these compounds provided benefit in the SJL female mouse model of EAE, a widely used animal model of multiple sclerosis. Moreover, these compounds are highly potent at reducing inflammation in mouse models of LPS induced shock, regulating both NF-kappaB activation and levels of pro-inflammatory cytokines such as TNF-alpha.
"What was striking about these findings in the CIA animal model," said Dr. Halina Offner, Professor of Neurology at Oregon Health Science University, who conducted the work, "is that HE3286 not only limited the severity of disease, but based on histology it also appeared to help repair the tissue damage in the joints of the mice. This is a remarkable and extremely intriguing observation."
"This scientific meeting on autoimmune diseases represents a great opportunity for our scientists to take center stage at a major international conference to present data on our hormonal signaling technology platform drug candidates," said Richard B. Hollis, Chairman and Chief Executive Officer of Hollis-Eden Pharmaceuticals. "Specifically, our drug candidate HE3286 has now been identified in several animal models as an exciting compound which could provide a new, clinically relevant breakthrough treatment in several indications, including rheumatoid arthritis, diabetes and inflammatory conditions of the lung. The observation that HE3286 treatment appeared to facilitate restoration of a damaged joint in the CIA model is particularly important as it is yet another piece of experimental evidence suggesting the potential usefulness of this class of compounds in regenerative medicine. The observed ability, in these preclinical models, of immune regulating hormones to have potent anti-inflammatory properties without side effects such as immune suppression and bone loss commonly associated with corticosteroids, provides the potential opportunity to use these compounds in a broad array of inflammatory conditions."
About Hollis-Eden
Hollis-Eden Pharmaceuticals, Inc. is developing a proprietary new class of small molecule compounds that are metabolites or synthetic analogs of adrenal steroid hormones. These compounds, designed to restore the biological activity of cellular signaling pathways disrupted by disease and aging, have been demonstrated in humans to possess several properties with potential therapeutic benefit - they regulate innate and adaptive immunity, reduce nonproductive inflammation and stimulate cell proliferation. The Company's lead product candidate, NEUMUNE® (HE2100), is entering late-stage development for the treatment of Acute Radiation Syndrome (ARS), a life-threatening condition resulting from exposure to high levels of radiation following a nuclear or radiological incident, and is being explored for use in combating healthcare-associated infections. Hollis-Eden also is profiling optimized second-generation compounds for potential clinical development in a broad spectrum of therapeutic categories including hematology, metabolic disorders, autoimmune disorders, pulmonary diseases, oncology and infectious diseases. For more information on Hollis-Eden, visit the Company's website at www.holliseden.com.
This press release contains forward-looking statements within the meaning of the federal securities laws concerning, among other things, the potential and prospects of the Company's drug discovery program and its drug candidates. Any statements included in this press release that are not a description of historical facts are forward-looking statements that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause the Company's actual results to differ materially from historical results or those expressed or implied by such forward-looking statements. Such statements are subject to certain risks and uncertainties inherent in the Company's business, including, but not limited to: the ability to complete preclinical and clinical trials successfully and within specified timelines, if at all; the ability to obtain regulatory approval for NEUMUNE under the U.S. Food and Drug Administration Animal Efficacy Rule, even if shown to be effective in preclinical studies; the ability to receive any stockpiling orders for NEUMUNE from the U.S. federal, state and foreign governments or agencies, even if approved by regulatory authorities; the Company's future capital needs; the Company's ability to obtain additional funding; the ability of the Company to protect its intellectual property rights and to not infringe the intellectual property rights of others; the development of competitive products by other companies; and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Except as required by law, the Company undertakes no obligation to update or revise the information contained in this press release as a result of new information, future events or circumstances arising after the date of this press release.
MULTIMEDIA AVAILABLE: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5284476
Contact:
Hollis-Eden Pharmaceuticals
Dan Burgess or Scott Rieger, 858-587-9333
Source: Hollis-Eden Pharmaceuticals
OT. Yes, its 54 in Tucson. I had to put the top back on the jeep last night. I hate it when that happens....lol
I appreciate the running commentaries. I have a very small position but I will add when I have the available cash. I like hearing what other people are doing. It keeps me going to hear other people are still buying and what they are getting shares for.
Maybe I will just write them a check for $50 million. Hey, Wait a minute...I don't have $50 million.
I don't think they will have trouble finding it. At least I hope not. I am still holding and will continue to do so until the cows come home!
This PR was a good informational Pr but was not necessarily a PPS runup PR. I agree with the statement earlier by popcorn202 that this was more for the shareholders than the investing public. I think that as each of the major events (Grimes, LOI, name change, and others...) we are waiting for gets a PR this will start to climb and gain momentum.
I am in another O & G stock that ran from .007 to around .038 on just the announcement that Shell would buy their oil. Everybody jumped in including the Shakerzzz boyzz and ran it up. It is now back down around .004. I sold on the runup because I didn't think the PR was enough news to justify the runup. I am now back in for the long haul at a lower cost. I would rather not see that happen with BIGN. I would rather BIGN move up and stay up.
Let us know when your IPO is ready to go...LOL
Same for me too. I have never been in SLJB but I hate to see them going down. It makes me nervous. I think IHUB was so active today the response time was slow this morning.
Thats true. I know less about the assets of this company than any other that I am currently in. The one thing that keeps me here is that they put out some good PR's. They are not hard number, PPS raising PR's but they are good general information PR's. I am so ready for something very meaty with some hard numbers.