GAX / GAXIQ revoked:

http://www.sec.gov/litigation/admin/2012/34-67886.pdf

GAX / GAXIQ SEC ADMIN Proceeding:

http://www.sec.gov/litigation/admin/2012/34-67615.pdf

the company filed for chapter 7 dec. 31 of 8. good by galary engery corp. the bank was lend galaxy 25 million dollars and price oil drop from 150 to 50 dollars and bank said no.

need call brady and find out what going on.

then we up date the ibox, this was one of the companies i though coud be a real winner but it has notr lived up to what i though it could have done.

hope the company come out of bk soon.

had a talk with brad today. the compant president has loan the company 4 million dolllars and that money was used to redo productionn and has increase production 100%. brag also said bank was going loan the company 15 million to help redo the production and get more gas into production.

http://www.cboenergy.com/rig/index.html
here link to shows how well drill.

thx

no, it should coming out bf court about sept. then stock come back to life. the key is to get court okey to develop the asset of the company instead of giving all money to people we woe money to.

Is this one dead now?

at 2 cents, i think it buy

new from brad. galaxy left american exchange. the company going get 4.3 million loan from president . look like 2.5 million will go into ground and .5 million go to banks for interest. this get company going again.

i put call in to brad to find out what happen with galaxy

did it get remove from amex? i have got anything from brad said it been delist? i put call out to him monday.

THANKS. ANY NEW NEWS

symbol change gaxi

the company got to get in court and get okey for company to start puting money into ground and open wells up to grow money pay it bills.

another 6-7 days before this starts movin...

put the latest pr from company here on post section.

DENVER, Feb. 13 /PRNewswire-FirstCall/ -- Galaxy Energy Corporation (Amex: GAX) has filed an appeal requesting a hearing before an American Stock Exchange (Amex) panel regarding the continued listing of the company's common stock on the exchange. The appeal automatically stays the delisting of Galaxy's common stock pending a hearing date and Amex's decision.

As previously announced, Amex notified Galaxy that the company was no longer in compliance with the exchange's continued listing standards, namely Sections 1003(a)(i), 1003(a)(ii), 1003(a)(iii), and 1003(a)(iv) of the Amex Company Guide, and was subject to delisting. Galaxy had the right to appeal the determination of the Amex staff by February 14, 2008.

The hearing is expected to be held within 45 days, with the time and place to be determined by Amex. During this period, Galaxy's stock will continue to be listed on the Amex pending the outcome of the appeal. No assurances can be given that the appeal will be successful.

If Galaxy's appeal is not successful, the company would likely pursue quotation on the Over-the-Counter Bulletin Board (OTCBB). Galaxy traded on the OTCBB prior to listing on the Amex in November of 2005.

About Galaxy Energy

Galaxy Energy Corporation, a development stage oil and gas exploration and production company, focuses its operations in the Powder River Basin of Wyoming and the Piceance Basin of Colorado, in addition to exploration activities in Germany and Romania. Galaxy conducts its exploration activities through two wholly owned subsidiaries, Dolphin Energy Corporation and Pannonian International, Ltd.

Forward Looking Statement

This press release consists of forward looking statements regarding the intent, belief or current expectations of Galaxy and its management. Prospective investors are cautioned that any such forward looking statements are not guarantees of future performance and involve a number of risks and uncertainties, and actual results could differ materially from those indicated by such forward looking statements. Galaxy assumes no obligation to update the information contained in this press release, whether as a result of new information, future events or otherwise. Please refer to Galaxy's filings with the United States Securities and Exchange Commission for discussions of risks and uncertainties found in Forms 10-K (annual report), 10-Q (quarterly report) and other filings.

Additional information may be found at the Galaxy Energy Corporation Web site, http://www.galaxyenergy.com or by calling Brad Long, Investor Relations/Galaxy Energy at (800) 574-4294, Bevo Beaven or Warren Laird of CTA Integrated Communications at (303) 665-4200, or Tina Cameron, Renmark Financial Communications at (514) 939-3989.

CONTACT:
Brad Long / Investor Relations Bevo Beaven, Sr. Vice President/GM
Galaxy Energy Warren Laird, Vice President
(360) 332-9821 CTA Integrated Communications
(800) 574-4294 (303) 665-4200

SOURCE Galaxy Energy Corporation



Source: PR Newswire (February 13, 2008 - 3:45 PM EST)

News by QuoteMedia
www.quotemedia.com

DENVER, March 19 /PRNewswire-FirstCall/ -- On March 17, 2008, Galaxy Energy Corporation (Amex: GAX) received a letter from the American Stock Exchange (Amex) notifying Galaxy of its failure to comply with Sections 134 and 1101 of the Amex Company Guide because the company has not yet filed its annual report on Form 10-K for the fiscal year ended November 30, 2007.

The company intends to file its Form 10-K as soon as its audited financial statements for fiscal year 2007 are completed.

About Galaxy Energy

Galaxy Energy Corporation, a development stage oil and gas exploration and production company, focuses its operations in the Powder River Basin of Wyoming and the Piceance Basin of Colorado, in addition to exploration activities in Germany and Romania. Galaxy conducts its exploration activities through two wholly owned subsidiaries, Dolphin Energy Corporation and Pannonian International, Ltd.

Forward Looking Statement

This press release consists of forward looking statements regarding the intent, belief or current expectations of Galaxy and its management. Prospective investors are cautioned that any such forward looking statements are not guarantees of future performance and involve a number of risks and uncertainties, and actual results could differ materially from those indicated by such forward looking statements. Galaxy assumes no obligation to update the information contained in this press release, whether as a result of new information, future events or otherwise. Please refer to Galaxy's filings with the United States Securities and Exchange Commission for discussions of risks and uncertainties found in Forms 10-K (annual report), 10-Q (quarterly report) and other filings.

Additional information may be found at the Galaxy Energy Corporation Web site, http://www.galaxyenergy.com or by calling Brad Long, Investor Relations/Galaxy Energy at (800) 574-4294, or Bevo Beaven or Warren Laird of CTA Integrated Communications at (303) 665-4200.

CONTACT:
Brad Long / Investor Relations Bevo Beaven, Sr. Vice President/GM
Galaxy Energy Warren Laird, Vice President
(360) 332-9821 CTA Integrated Communications
(800) 574-4294 (303) 665-4200

SOURCE Galaxy Energy Corporation

DENVER, March 17 /PRNewswire-FirstCall/ -- Galaxy Energy Corporation (Amex: GAX) and its wholly-owned subsidiary Dolphin Energy Corporation announced today that it has filed voluntary petitions for relief under Chapter 11 of Title 11 of the United States Code in the United States Bankruptcy Court for the District of Colorado. The Company will remain in control of its assets and intends to continue to conduct business as usual while it devotes renewed efforts to resolve its liquidity problems and develops a reorganization plan.

About Galaxy Energy

Galaxy Energy Corporation, a development stage oil and gas exploration and production company, focuses its operations in the Powder River Basin of Wyoming and the Piceance Basin of Colorado, in addition to exploration activities in Germany and Romania. Galaxy conducts its exploration activities through two wholly owned subsidiaries, Dolphin Energy Corporation and Pannonian International, Ltd.

Forward Looking Statement

This press release consists of forward looking statements regarding the intent, belief or current expectations of Galaxy and its management. Prospective investors are cautioned that any such forward looking statements are not guarantees of future performance and involve a number of risks and uncertainties, and actual results could differ materially from those indicated by such forward looking statements. Galaxy assumes no obligation to update the information contained in this press release, whether as a result of new information, future events or otherwise. Please refer to Galaxy's filings with the United States Securities and Exchange Commission for discussions of risks and uncertainties found in Forms 10-K (annual report), 10-Q (quarterly report) and other filings.

Additional information may be found at the Galaxy Energy Corporation Web site, http://www.galaxyenergy.com or by calling Brad Long, Investor Relations/Galaxy Energy at (800) 574-4294 or Bevo Beaven or Warren Laird of CTA Integrated Communications at (303) 665-4200.

CONTACT: Bevo Beaven, Warren Laird

CTA Integrated Communications

(303) 665-4200

SOURCE Galaxy Energy Corporation



Source: PR Newswire (March 17, 2008 - 9:59 AM EDT)

the stock can be sold right now in my account if i want to sell it. i just had stock to come back on list to be bought but not sold.

it be longer than that. maybe 3 month before the case get to judge.

so, not for another week or so...this sucks i hope it doubles when it comes back

when the judge okey for them to drill and not give all the money to bank

when do u think this will start trading again?

hold. if court let gax to put money into ground and get income from properties gas we have, this turn companies around

so in ur option sell or hold

galary filled bk chapter 11 today. before filling 175 buck was deposit in company bank. had talk with brad long . company paid 20 million to bank and own somewhere around 9 million left. the bank will not left them do anything with the money they put in the company. they going ask the judge to let them put money in ground to produce money . i think the judge will allow this. this could be the beginning of what we been waiting on.

something going happen, but what?

do u think 10 baggers is in the works for us within the next 1-2 weeks...cause tht 45 days is gettin closer and closer and like u said loan should be paid off and something big on the way!

max loan company 600,000 thousand dolars this month. that total of 20,000,0000 dollars the bank loan should be paid off. something good should happen to us now.

i think this is ready for a run...almost 45 days up somethings up!

i still have gotten any thing from my broker. i get hard copy,not email copy of all material. max father own big % of this company-phun. there are several more that he own. i forgot the one in ca. that team up with gax and drill some where in Europe. the father used to control and was president of big oil and gas company list on ny board and sold out.

i just got to talk to brad today. jayhawk deal does not have anything to do with us. the another company with name like ours.
the trust has loan the company another 600,000 dollars for this month. that total of 20 million dollars. that paid off all most all the bank loan.
all so ask him why the company never dewater all those cbm well, he said that company own money on them and that why they were not dewater.

been very busy and have had time to chech on what i told you i chech on. will try monday. friday another busy day for me.

i have got any thing yet? it 11.29 am. i just got to my pc today. will chech out thiongs. will put call in to brady about phun and question about other issue you posted for anwers from him.

are you going to vote on phun befor april? Mr dragon

i bough my phun at the wrong price.

I have owned for 1 year down a few hundred: for a long time brad long was the same contact person for phun & gax. I have share's in both company's as well. made some mone on phun. but have 1000 more share's. waiting & wish it hits .32 then I will brake even on phun.see you later

rijj50, you do real good dd work.

i get gax pr and i never seem this sale. i call brad and talk to him about this monday. i all could under stand why gax never dewater all those well it had. i own gax 3 plus years.

MR dragon man did brad: JayHawk Energy Inc. Announces Signing of Purchase and Sale Agreement with Galaxy Energy Inc. for 16 Mile Pipeline and Adjacent 6,500 Acres Including 34 Gas Wells

BROOMFIELD, Colo. - (Business Wire) JayHawk Energy, Inc. (OTCBB:JYHW) (“JayHawk”) announces the signing of a Purchase and Sale Agreement with Galaxy Energy Inc., a private company, to purchase assets in the Crawford and Bourbon counties, Kansas, bringing 100% working interest in a sixteen (16) mile gas pipeline as well as the production within 6,500 acres of contiguous land adjacent to the pipeline for $2 million. The production consists of a modest 16BOEPD (100Mcf) of Coalbed Methane Gas from seven (7) connected wells out of thirty-four (34) wells. It is expected that there will be no debt to assume from the acquisition, and is scheduled to close on March 31, 2008, subject to terms and conditions of the Purchase and Sale Agreement.

“Our first step will be to dewater the 7 tied-in wells, and then connect the additional 27 wells on our way to maximizing production in this area,” stated Lindsay Gorrill, President & CEO of JayHawk Energy Inc. Gorrill added, “These assets combined with our Uniontown project significantly expand our South Eastern sector asset base as a 'core area' with the acreage positions adjacent to each other.”

The Company believes the acquisition brings needed infrastructure to the adjacent Uniontown project for its development. The purchase of the new acres added to current acreage in the Uniontown project provides over 4,100 drilling locations with a net interest of 100% to JayHawk Energy Inc.

“Extensive development potential coupled with extremely attractive economics follows our focus, and encourages further development through the drill bit and proper well management. We hope this will provide a great return to JayHawk and its shareholders, and move us closer to meeting the listing requirements of the major trading markets,” says Gorrill.

Cautionary Note to U.S. Investors -- The United States Securities and Exchange Commission permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We use certain terms in this press release, such as probable, possible and potential, that the SEC’s guidelines strictly prohibit us from including in filings with the SEC. U.S. Examples of such disclosures would be statements regarding “probable,” “possible,” or “recoverable” reserves among others.

Management hopes these transactions will bring additional value to the shareholders of JayHawk Energy. There is no guarantee that the projects that JayHawk has recently acquired will increase the value of its shares of common stock, or that JayHawk will acquire rights to explore and operate any other such projects, or that in the event that it acquires rights to explore and operate other such projects, that these actions will be successful or increase the value of JayHawk’s common stock.



JayHawk Energy, Inc.
Lindsay Gorrill, President & CEO ive you this message today

do you have a date for this? talk brad a second ago and he said this has been going on for year or so. i own the other comany too. both have do bad. had very high hope for gax. i paid lot for this stock, hurting bad.

I TALK WITH BRADY. THE BIGGEST OWNERS OF THE COMPANY ARE BRUNNER FAMITY. THE FATHER AND HIS GROW CHICHEN. ONE OF SON RUN COMPANY AND THE TRUST FOR ALL 3 OF THEM HAS BEEN PUTTING MONEY INTO THE COMPANY TO PAY OFF THE LOANS OF COMPANY. I PUT CALL OUT TO BRAD ABOUT MAB RESOURCES. I OWN PHUN TOO. I LOST MONEY IN BOTH OF THESE COMPANIES. MY PC BEEN DOWN AND HAD GET NEW ONE AND I TRYING GET OLD FIX, IT DEAD.

Gax change name ? my account is showing galaxy invmst inc. will call broker friday/ will let you know whats going on monday p.m.

read phun k-10 report / mab has filied for owner ship/ gax has a lot of share's in phun also/ gax will be taken over by MAB resources/ but i think it will go lower for a while/ then a r/s then it will go up from there/ I invested 1 year ago/ then 6 month's ago bought phun as well/ I have made a little money on phun/ will wait to see what will take place April or May

the famity trust is the people who bailing out gax. it the 2 brother and sister trust. one brother run company. we will have to see what happen.