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News Focus
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wiz_kid

06/05/10 11:25 AM

#432164 RE: balamidas #432157

Balamidas,

Check this out. You and MOMO should get on this one as it could play out real nice.

RNWF Subject to Mandatory Close-Out REQUIREMENTS of Rule 3210 in the next 5 trading days(From last reported date of May 28, 2010)

RNWF Subject to Mandatory Close-Out REQUIREMENTS of Rule 3210 in the next 5 trading days! We now have confirmation of 8 straight trading days on the Threshold Security List VIOLATION Rule 3210
5 Days left for FTD's to be bought up my MM's "ONLY 5 trading DAYS"
Do you guys realize that at 0.0026 they are still over $50,000+ FTD on this? Do you realize it is much more than $50,000? Did you know when we held strong and together this hit 0.0069? You tell me how much FTD's they had dollar amount then if it is still over $50,000 today? At least $200,000 then maybe more. NEXT WEEK THIS MOVES UP BIG!
DEFINETION BELOW_______________________________________

Rule 3210 Subject to the requirements of NASD Rule 3210
Where, for five consecutive settlement days, there are aggregate fails to deliver at a registered clearing agency of 10,000 shares or more and the reported last sale during normal market hours would value the aggregate fail to deliver position at $50,000 or more. When this occurs, the security becomes subject to mandatory close-out requirements outlined in NASD Rule 3210.
The allowed values are:

Y = Yes, if the issue is subject to mandatory close-out requirements of Rule 3210. N = No, if the issue is NOT subject to mandatory close-out requirements of Rule 3210.
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livinginstyle

06/06/10 11:30 AM

#432213 RE: balamidas #432157

You really need to read the financials and the 10Q. BGOI is in default with just about every loan they have, plus they have no available credit, all per 10Q. They intend to continue to dilute, read below:

http://biz.yahoo.com/e/100517/bgoi.ob10-q.html

As of May 17, 2010, the Company was in default of the repayment provision with respect to the December 2009 Note; however, the lender has not yet taken any further action with respect to the default. Although the Company is actively seeking additional financing to remedy this default, and is in constant communication with the lender, there can be no assurances that the lender will continue to delay the enforcement of their remedies under the December 2009 Note.

Capital Expenditures and 2010 Outlook
We presently do not have any available credit, bank financing or other external sources of liquidity. Due to our brief history and historical operating losses, our operations have not been a source of liquidity. We will need to obtain additional capital in order to expand operations and become profitable. In order to obtain capital, we may need to sell additional shares of our common stock or borrow funds from private lenders. There can be no assurance that we will be successful in obtaining additional funding.

We will still need additional capital in order to continue operations until we are able to achieve positive operating cash flow. Additional capital is being sought, but we cannot guarantee that we will be able to obtain such investments. Financing transactions may include the issuance of equity or debt securities, obtaining credit facilities, or other financing mechanisms. However, the trading price of our common stock and a downturn in the North American stock and debt markets could make it more difficult to obtain financing through the issuance of equity or debt securities. Even if we are able to raise the funds required, it is possible that we could incur unexpected costs and expenses, or experience unexpected cash requirements that would force us to seek alternative financing. Furthermore, if we issue additional equity or debt securities, stockholders may experience additional dilution or the new equity securities may have rights, preferences or privileges senior to those of existing holders of our common stock. If additional financing is not available or is not available on acceptable terms, we will have to curtail our operations.


Contractual Obligations
We are subject to various financial obligations and commitments in the normal course of operations. These contractual obligations represent future cash payments that we are required to make and relate primarily to notes payable and accounts payable, all of which are due currently and which are reflected on the Company's Unaudited Consolidated Balance Sheet at September 30, 2009, found in Item 1 in this Form 10-Q. The Company does have an operating lease obligation with annual payments totaling $103,790 in 2010, $108,321 in 2011 and $36,610 in 2012. The Company expects to fund these contractual obligations with additional financing, either in the form of equity or debt issuances, for which there is no assurance that any additional financings will be available to us on satisfactory terms and conditions, if at all.

. . .

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mick

06/06/10 1:35 PM

#432218 RE: balamidas #432157

how is share count? bgoi
re;
BGOI 0.0034 weekend DD(could play like OOAG )~

BGOI is an independent energy company, engages in the exploration, production, and development of crude oil, natural gas, and natural gas liquids in the United States.


Website : http://www.bonanzaog.com/

KEY DEVELOPMENTS :

-on march 5th BGOI announced that the production level of the Jackson Well has increased by approximately 50 percent after performing re-fracturing stimulation of the well. The Jackson well is located in the Apclark Field, Borden County, Texas, just east of the Jo Mill Field that has produced over 54 million barrels of oil.

apparently the company is moving toward operating on cash soon ,i expect a strong update here and the company is still in growth mode too

on april 27 ,2010 Bonanza Oil and Gas Announces Completed Purchase of Interest in Producing Oil Well and Additional Acreage in Oklahoma

the company is committed to the strategy of buying current oil and gas production, which provides potential for future growth while providing additional current cash flow!!


****apparently BGOI is turning into a positive cash flow here*****

very important note :

BMAS & CSTI were on the bid friday !!!

those 2 are big INSTITUTIONALS buyers !!!

BMAS is BMAsecurities an institutional stockbroking pushing lately of the OOAG run


http://www.bmasecurities.com/

and CSTI is Colin Stewart an institutional stockbroking pushing lately of KATX &OOAG runs !!

http://www.collins-stewart.com/


their presence on the best bids are not just a coincidence but more like a Big telling sign for us of upcoming events here !!
those institutional stockbroking are very well informed about companies they buy in !!this is what we call smart money loading on anticipation of big things on stocks!

for a reminder OOAG has moved from 0.001 to a high of 0.069 in 13 trading sessions with institutional stockbroking pushing it!!!!

a similar situation is developping here,those 2 institutional stockbroking popped on BGOI friday and CSTI was all day on best bid above NITE!!!

a strong update must be close here >>expect BGOI turning cash positive and acquiring more interest in wells

OIL plays are very hot plays lately and BGOI has been in freefall mode since 0.07 high in 2008 and is very undervalued here!!
in addition to the latest events described above
a technical bottom is hit here,a reversal is starting!!
BGOI could move very quickly as technicals triggers on the chart are lining closely !!

the 50 ma is at 0.0043 and the 200 MA is at 0.0167!!

getting in those ground floor could see very lucrative reward in the coming days



Balamidas
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Craig2001

06/06/10 9:31 PM

#432247 RE: balamidas #432157

BGOI All signs point to big run starting tomorrow! I'm in for some fun.
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wiz_kid

06/09/10 8:02 AM

#433984 RE: balamidas #432157

Balamidas, here is this weeks and maybe next weeks play. Your support over here could do wonders. Please check us out.

NOW 14 DAYS
The failure to deliver in shares of RNWF has not been resolved and a buy-in is expected.

RNWF Has Been On BUYINS.NET Naked Short List For 13 Consecutive Trading Days.
Release Date: 06/08/2010
June 8, 2010 /M2 PRESSWIRE/ BUYINS.NET, http://www.buyins.net , announced today that RNWF have been on the NASDAQ, AMEX and NYSE naked short threshold lists for 13 consecutive trading days:

Renewal Fuels (OTC: RNWF).

Regulation SHO took effect January 3, 2005, and provides a new regulatory framework governing short selling of securities. It was designed with the objective of simplifying and modernizing short sale regulation and providing controls where they are most needed. At the conclusion of each settlement day, data is provided on securities in which: 1) there are at least 10,000 shares in aggregate failed deliveries for the security for five consecutive settlement days, and 2) these failures constitute at least 0.5% of the issuer's total shares outstanding. Regulation SHO mandates that, if a clearing agent has had a fail-to-deliver position for 13 consecutive settlement days, that clearing agent, and the broker/dealer it clears for, must purchase securities to close out its fail to deliver position.
Renewal Fuels, Inc. (OTC: RNWF) engages in designing, developing, manufacturing, and marketing biodiesel processing equipment and accessories in the United States. It offers FuelMeister line of biodiesel processors, which allow users to convert waste vegetable oil into biodiesel. The company, thorough its subsidiaries, also develops BiodieselMaster, a community-scale biodiesel processing plant for customers, including small communities, farms, farm co-ops, and trucking fleets, as well as engages in growing cellulosic feedstock for the biofuels industry. It sells and distributes its products through a network of dealers and third party sales associates, as well as directly through its Website at www.fuelmeister.com. The company is based in Milwaukee, Wisconsin.

The failure to deliver in shares of RNWF has not been resolved and a buy-in is expected.

BUYINS.NET, http://www.buyins.net , monitors trading in all US stocks in real time and maintains massive databases of short sale and naked short sale time and sales data, short squeeze SqueezeTrigger prices, market maker price movements, shareholder data, statistical data on earnings, sector correlation, seasonality, hedge fund trading strategies, comparable valuations. Reports include:


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About BUYINS.NET

WWW.BUYINS.NET is a service designed to help bonafide shareholders of publicly traded US companies fight naked short selling. Naked short selling is the illegal act of short selling a stock when no affirmative determination has been made to locate shares of the stock to hypothecate in connection with the short sale. Buyins.net has built a proprietary database that uses Threshold list feeds from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the naked short selling problem. For the first time, actual trade by trade data is available to the public that shows the attempted size, actual size, price and average value of short sales in stocks that have been shorted and naked shorted. This information is valuable in determining the precise point at which short sellers go out-of-the-money and start losing on their short and naked short trades.

BUYINS.NET has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted, www.buyins.net/squeezetrigger.pdf. The SqueezeTrigger database of nearly 2,750,000,000 short sale transactions goes back to January 1, 2005 and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005 because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like Buyins.net to access the data.

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Contact:
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www.BUYINS.net
(800) 715-9999
tom@buyins.net