YTRV DD POST AND WHY
Before doing an overview of the company, i have two reasons (in my opinion) why this could have a good move upwards:
1 T/A REASON:
-Interesting to watch 200MA(Daily)=50MA (weekly) =0,0014;
-After breakout 0,0002 the major resistances are well above…why not a move from 0,0002 towards 0,0014
-Last 2months of low volume …indicating that the company maybe no longer is selling shares
“Quiet before the storm”…we shall see.
2 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Last month the company report to the sec that the management owns the following number of shares:
CEO Cedric Atkinson – 35.000.000,00 Shares
CFO Clements Gregory K – 40.000.000,00 Shares
This now should represent a little less than 10% of the company (I believe the number of O/S should be around 850 to 900Million shares, see notes bellow)
Why I think this could be an important note, well I believe that the company before the end of the year will make an important business update about their wells or even a merger.
It is insiders positioning before any kind of announcement?
This could be only speculation, but I believe that those shares are lock and won`t be avaible for trading, meaning less shares…
Company Overview
Yaterra Ventures, Inc. is an oil and gas exploration company. Yaterra's mission is to safely and efficiently generate commercially marketable quantities of oil and natural gas. Management maintains the long-term objective of expanding the Company's oil and gas exploratory operations throughout the United States. Management plans to launch an operating infrastructure for the profitable production of oil and gas through a sustainable business model for the acquisition and retention of valuable leases, wells and other related properties. The Company's primary business philosophy is rooted in progressive principles of cost-efficiency and its devotion to fiscal responsibility, worker safety and sustainable petroleum retrieval.
Corporate Leadership
Cedric Atkinson, the Chief Executive Officer and Chairman of the Board, has an experienced and diverse background. Management believes Mr. Atkinson’s experience and ability to identify under-valued properties will assist the Company in making cost-effective acquisitions that align with this business plan.
Strategies for Success
Management anticipates that with adequate capital the newly acquired wells will be fully operational and productive within months. Management further expects to harmonize the Company’s plan for growth with production by retaining long-term operational staff and permanent corporate directors and officers. Human resources and employee retention are envisaged by Management to play a critical role in acquiring and operating additional oil and gas properties throughout the Basins and beyond.
Management believes that the Company can achieve profitable oil production beginning with identifying and capitalizing on oil and gas properties in the Basins. Yaterra has invested, and expects to continue to invest, considerable time and effort into the identification of potentially valuable distressed and orphaned wells in and around the Basins. Management aims to harness this ability and acquire low-risk property rights with appreciable potential for oil and gas production.
Share Structure
Shares Outstanding
689,041,451*
a/o May13, 2013
Authorized Shares 2,400,000,000 a/o Jan 31, 2013
Par Value 0.001
*Looking for daily volume I believe the O/S should now be around 850M to 900M.
