Not a dumb question... it is just the group of traders that are part of a group called the waveriders on ihub. Alive is a member of that group so I thought it may possibly be a wave play. They have a lot of criteria for their plays.
Because of Space and time considerations in this email I am going to refer you to the IBOX for all the Financial and other info on this stock. I am going to detail the events and reasons why we think this is a great addition now at this time. Please refer to the ibox to verify the references to the quarterly fillings and I have listed the news below.
The main events leading up to this increase in price are the healthy news this company has been making. The first thing I will note is that they are reworking there wells and aggressively expanding there revenues in that direction. In the mean time they are also acquiring the assets of other regional companies in the Gas and oil Industry. The West Virginia Kentucky and Pennsylvania regions Number one new job also is in the oil and Natural gas right now and this company is a large part of that momentum. There has been a renewed explosion thruout this region the last two years and many of my friends have gone into this industry here in Pa. Heck even my best Man from my wedding put down his Psychology degree and now is making twice as much drilling for Natural gas.
These guys at this company are on the move thru new wells reworking old wells and gobbling up the competition as noted in there news releases.
The best part is we at the wave have had this board for a month now and have to release this as we sit right on the verge of complete blue skies breakout on the price. The float here is really small for the Natural gas and Oil Industry and these guys have the assets. there assets are 4 times more then there Liabilities on the last quarterly report. We now are sitting exactly one month away from the drilling season and seeing new increases in revenues both on the old and new wells plus the acquisition of another company.
I am setting a short term target here of .15 a mid term of .25 and long term of .50. Of course this is done very conservatively because everyday when I click on them they are making great new releases. They also have just hired an New IR Firm and these guys will want to set this higher to impress there new bosses.
If you have been looking at Natural gas go up on your home bills then this is the Way to hedge your heating expenses. I feel this company will be a welcome addition as there main focus is Natural gas then oil and will fit in nice with the DRLY stock we announced with Soldier hard.
Please take the time to look at the news releases and also take a look at the 10q for what I see as a very healthy aggressive company.
Also please feel free to ask any questions both at the board and on the wave for any additional concerns. please do take the time to add anything to the board you like and we missed here. Also watch the board marks grow as the 100 readers on the bookmark i have found to be the major break out point
Pub Date Headline Jul 16, 2010 MoneyTV with Donald Baillargeon, 7/16
Jul 13, 2010 US Natural Gas Corp Retains Investor Relations Firm Del Mar Corporate Consulting, LLC Jul 6, 2010 Research and Markets: US Natural Gas Sector: Industry Profile - Gain an Insight into the Evolution of the Industry and Competitive Dynamics
Jun 21, 2010 US Natural Gas Corp Issues Letter to Shareholders Jun 3, 2010 Wilon Resources, Inc. Announces that Acquisition by US Natural Gas Corp is Effective as of May 28, 2010
May 11, 2010 US Natural Gas Corp Announces Update on Drilling Activities in Kentucky
US Natural Gas Corp. 33 6th Street S. Suite 600 St. Petersburg, FL 33701
Phone: (727) 824-2800 Fax: 815-846-0755 US Natural Gas Corp is an independent oil and natural gas company engaged in exploration, development and production activities in the Appalachian Basin, particularly in Eastern Kentucky and West Virginia. The Company's business activities focus primarily on the drilling and acquisition of proven developed and underdeveloped properties and on the enhancement and development of these properties.
OTC Market Tier OTCQB Primary SIC - Industry Classification 1311 - Crude petroleum and natural gas Business Stage Development Stage Company State Of Incorporation FL Jurisdiction Of Incorporation United States Year Of Incorporation 2008 Company Officers Wayne Anderson, President, Chairman Jim Anderson, Vice President
Number of Employees 7 as of Jul 9, 2010 Reporting Standard U.S. Registered & Reporting: SEC Filer CIK 0001448695 Fiscal Year End 10/21 Estimated Market Cap $2,305,893 as of Jul 16, 2010 Outstanding Shares 25,908,910 as of May 18, 2010 Authorized Shares 200,000,000 as of May 18, 2010 Company Notes Formerly=Adventure Energy, Inc. until 4-2010 Transfer Agent Olde Monmouth Stock Transfer Co., Inc. 200 Memorial Pkwy Atlantic Highlands, NJ 07716
Legal Counsel Law Offices of Christopher Davies 17703 Raintree Terrace Boca Raton, FL 33487