GIHI News: Sovereign Oil Signs LOI to Acquire 9 Producing Wells in SE KS 09:30 AM Sovereign Oil Signs LOI to Acquire 9 Producing Wells in SE KS 9:30 AM ET, 11/28/2012 - PR Newswire
PLANO, Texas, Nov. 28, 2012 /PRNewswire/ -- Globalgroup Investment Holdings, Inc. (GIHI.PK) announced today its subsidiary Sovereign Oil, Inc. has executed an LOI agreement with Ad Astra Oil Corporation to acquire a 120 acre oil and gas lease in Miami County Kansas with 9 producing oil wells and 5 oil wells scheduled to be reworked.
Under the terms of the acquisition the Company will immediately upon completion of the Definitive purchase agreement assume the production of 9 oil wells and then rework the 5 additional secondary recovery wells.
The agreement is to be completed NLT December 15th 2012, subject to final completion of normal due-diligence by GIHI. The company expects the cost of the additional 5 reworks to be approximately $10,000 per well.
Fred Rackers, President of Globalgroup Investment Holdings, Inc., stated, "This acquisition of 9 producing wells and the 5 secondary recovery opportunities in Kansas is a huge opportunity for GIHI and our subsidiary Sovereign Oil, Inc. The company expects to complete the acquisition by year end and begin the reworks early next year."
operates as a diverse holding company having initially developed an operational infrastructure consisting of two divisions; financial services and equity holdings with the acquisition of One44.com, Inc. in 2000. In 2012, we divested our prior holdings by rescission and acquired Sovereign Oil, Inc. and PcPayTech, LLC and began to focus primarily on the PcPayTech business as a computer software development company focused on the payment collection challenges associated with rent to pay as you go and no credit check computer programs.
SOVEREIGN OIL Sovereign commenced operations in 2007 as a fuel trading and fuel marketing subsidiary of Voyager Petroleum, Inc. (VYGO). Following the sale of its shares in 2012, Sovereign was acquired by the Company in a reverse acquisition on March 9, 2012.
In its early operations, Sovereign Oil had a lease agreement with North American Refining Co and monthly revenues in excess of $100,000 a month as it sought to become a petroleum-based lubricant company that refines, blends, bottles, and distributes to the automotive and manufacturing aftermarket with established regional distribution channels and continues that objective today.
GIHI News: Soverign O&G Announces Successful Well Results in KS 10/17/2012 09:30:00 AM GIHI News: Kansas Still Seeing an Increase in Wells Drilled 10/03/2012 07:00:00 AM GIHI News: Sovereign Oil & Gas Continues Drilling Wells In KS 10/02/2012 09:30:00 AM GIHI News: GIHI Subsidiary Strikes Oil on Its First Re-Worked Well 09/07/2012 11:00:00 AM GIHI News: Sovereign Oil & Gas Completes Drilling Initial KS Wells 09/06/2012 09:30:00 AM
Abot Mining Company ABOT-sampling are huge... this daytrade, wkly, midterm and longterm growth imho. production cost / $88.00 per ton
FORUM; http://investorshub.advfn.com/Abot-Mining-Company-ABOT-1841/ Founded in 1957, Abot Mining Co. (ABOT.pk) is a US based mining company engaged in the exploration, discovery and production of precious and semi-precious metals and metal properties.
http://www.abotmining.com/index-1.html Our project is in the Tecuala Mining District, which is considered a widely mineralized area and identified as a major deposit of gold and other minerals. The area around the Aztlan 8B has been extensively explored and is currently being mined by several known junior mining companies and geological institutions. We continue to evaluate adjacent claims to Aztlan 8B.
ABOT Security Details / Share Structure http://www.otcmarkets.com/stock/ABOT/company-info Shares Outstanding 814,337,072 a/o Jun 30, 2012 Float 153,352,366 a/o May 31, 2012 Authorized Shares 995,000,000 a/o May 31, 2012
per unit of production output to be up to $88.00 per ton
This cost does not include royalties, non-cash costs, corporate expenses, value addition of by-products, etc.
As previously stated, past surface trench testing by others on Aztlan 8B has revealed deposits of placer and epithermal gold deposits, where overall bulk sample feed grade ranged from 0.20 g/ton to 39.00 g/ton. Consequently, the cost estimate suggests that gold can be mined economically at the current gold prices and with average feed grade of 2 g/ton of Au and above
OPEN FOR NETWORKING IDEAS / NEW 10-13-12 / CFGX this in incubation one decided it is time...cfgx an update; i don't have link but very good money read'ins; this message is a great read...$1 coming before yearend? the conversion is very low for this amount of money received. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80507329
re; $770K series B preferred shares sold, think this has a pulse after all. Don't know who the investor is yet, but they must have confidence to do this.Series B go for $1 each and are convertible to common @ a 2:1 ratio.Understand preferred get paid before common in liquidation but this is very risky in this circumstance and a very good sign.
Mining Asset Owners Insurance Trusts Commercial Real Estate Residential Real Estate
CFGX----> A ""New Standard In Lending, Financing, & Asset Building Players!
EXCERPT; Capital Financial Global, Inc. OTC:CFGX, announced today that it has acquired a 100% interest in the St. Louis Gold Mine in Clark County, Nevada The St. Louis Mine is comprised of Arctic, Atlantic, Pacific, Baltic, and Antarctic Lode patented gold and silver mining claims situated on 85.54 acres of property located in Clark Country, Nevada, approximately four miles north of Searchlight, Nevada, a well-known gold mining area.
CFGX News: Capital Financial Global Launches Residential Hard Money Lending Division 07/19/2012 05:42:00 PM CFGX News: Capital Financial Global, More Tests Confirm Gold At St. Louis Mine 07/18/2012 04:36:00 PM CFGX News: Capital Financial Global Pursuing 40% Interest In Hedge Fund 06/27/2012 04:36:00 PM CFGX News: Capital Financial Global Announces Formation of Small Hard Money Lending Syndicate, Expansion of One-Off Lending Capacity 06/20/2012 05:04:00 PM CFGX News: To All Traders: Do Not Trade the Following Stocks Until Reading These Reports: OTCBB: GWBU, PINKSHEETS: CFGX), (OTCBB: LQM... 06/20/2012 11:02:00 AM
<>NANO TECH COMPANIES;<> ALTI INTK NANX NNAN NNVC NanoViricides NNVC / NanoViricide drugs are designed to block and dismantle the virus particles before they can infect a cell, thereby controlling viremia.
<>SOLAR;<> AMAT ASTI CSIQ CSUN DQ DSTI EVSI FSLR GTAT HSOL HOKU JASO LDK NENE PPRW QSPW RESS RNWEF RSOL SATC SOL SPIR STP TIMNF TSL WEST WFR YGE HOKU IS GETTING DELISTED, RADAR / 5-31-12 BANNER DAY PPS!
<>WIND;<> AQUNF CWET ENLAY JUHL MY NRDXF VWDRY WWPW
<>HOMELAND SECURITY - HOME SECURITY;<> ADCF ADTI BFDI HALB HMLA SDSS VSYS 08-12-12 Advanced Defense Technologies, Inc. (ADTI) and Joint Venture Partner Halberd Corporation Advanced Defense Technologies, Inc. (PINKSHEETS: ADCF) announced today that the Company and its joint venture partner Halberd Corporation (PINKSHEETS: HALB), a manufacturer of both short- and long-range Unmanned Aircraft
SEC Suspends Trading in 16 More Firms; Year-to-Date Tally Tops 600 http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79631989 Sep 17, 2012 10:04:51 ET AER Energy Resources Inc. AERN Alto Group Holdings Inc. ALTO BizRocket.com Inc. BZRT Fox Petroleum, Inc. FXPT Geopulse Explorations Inc. GPLS Global Technologies Group Inc. GTGP KMA Global Solutions Int'l KMAG Mike Pike Productions Inc. MIKP Mobile Star Corp. MBST SavWatt USA Inc. SAVW, formerly SAVWD Scorpex, Inc. SRPX Silver Dragon Resources Inc. SDRG Strategic Mining Corp. SMNG SGLN Thrive World Wide Inc.TWWI Zamage Digital Art Imaging Inc. ZMGD
WHAT ANALYST ARE SAYING; SHORT GRPN? ACCOUNTING PROBLEM.
ANALYST BUY NOK 07-19-12 ANALYST SHORT RIMM 5-7-12 / RIMM DOING BETTER/0919-12 ANALYST SHORT AMZN 5-22-12 OVERBOUGHT... ANALYST BUY DELL 5-23-12 OVERSOLD.......$8.00 CASH PPS
05-04-12 CHK IS DN HEAVY. ICAHN HAS POSITION IN THIS AREA OF CLAIM...HIGH TEENS $19.00
THIS REMINDS OF ENRON & HEALTHSOUTH DEALINGS. CEO OF CHK? GUILTY? TIME WILL TELL.
AS OF READS TODAY; 5-7-12 SEC IS GETTING INTO CHK CEO AND COMPANY ACCT'ING.
09-19-12 TRYING TO DO BETTER MGMT ZNGA WORKING FOR ONLINE GAMING STUFF. RECENT I.P.O. KEEP CLOSE WATCH, BUYING OPPORTUNITY NEARING. ANALYST SAY PAID TOO MUCH FOR ACQUISTION; 5-10-12
TERRAFUFIA CAR/AIRPLANE - STREET LEGAL; QE3 HAS BEEN STARTED/09-14-12 QE3 , FED FISHER QE EASY INTO 2ND QTR. AND REST OF 2012 08-31-12 DED CHIEF CONTINUES TO STALL QE3 TODAY. FED CHIEF CONTINUES QE3 STALL. SAID I HAVE THE TOOLS?????
UPDATE AAPL HIT $700 PROJECTED PPS FOR AAPL --- $1650 3/28/12 WILL AAPL HIT THIS TARGET OF $1650? 5-17-12 08-01-12 MENTIONED STOCK SPLIT! 2 FOR 1 FORWARD! 09-19-12 NONE SO FAR 09-19-12 AAPL CONTINUES ADDING NEW PEODUCT. ADDED AAPL #5 09-14-12
I.P.O. this morning; 06/22/12 ????? WILL CHECK. 09-07-12 ?????
6-22-12 CENSOSUD I.P.O. RETAILER/HOME IMPROVEMENT. CEO CONFIDENT PPS WILL DO GOOD IN THESE MARKET TRYING TIMES.
06-20-12 BURGER KING TO I.P.O. / AGAIN I.P.O. TWO CANCELLED DUE TO MARKETS AND FACEBOOK CHAOS; 5-31-12 May-30 Graff Diamonds Shelves IPO as Crisis Roils Markets May-30 Graff Diamonds Postpones $1 Billion Hong Kong IPO
May-30 After Facebook, Kayak IPO Stalls
I.P.O. FB 5-18-12 I.P.O. CG this morning 5/04/12 I.P.O. SPLK don't have date when it entered markets. I.P.O. THIS MORNING; 4-12-12 OAK I.P.O. this morning; TUMI 4/19/12 I.P.O. THIS MORNING; PFPT 4/20/12 BCOV BLOX BV GWRE DWRE EPAM ET OAK PFPT SPLK SYNC TUMI
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