thx dave.
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thx dave.
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I found this information interesting. It has "average output" numbers for the wells in the area where MGLGs wells are. The guys who run this company (KTO) are also the management for TMD energy (which is basically a consulting firm). Click the management bar for more info on the people behind it all.
http://www.kytennoil.com/devonian.htm
I wonder how the contracts work between lease holders and operators? I might try to find an energy industry forum and ask. I wonder if that RIGZONE has a forum...
behl has released another pr, not a suprise as they are a pr machine. people are expecting it to gap again today, i sure hope so.
BioCentric Energy Holdings to License Algae Equipment Distributors
* Press Release
* Source: BioCentric Energy Holdings, Inc.
* On Wednesday July 8, 2009, 6:00 am EDT
*
Buzz up! 0
BioCentric Energy Holdings, Inc.(Pinksheets:BEHL - News) Press Release:
Dennis Fisher, CEO, BioCentric Energy Holdings, Inc. today announced: "The company has been receiving a significant increase in the number of inquiries regarding the process of producing specific strains of Algae and the availability of the company's patent pending closed loop photobioreactor equipment."
Mr. Dennis Shen the company's COO commented, "In light of the recent worldwide exposure via the media networks for Algae solutions, and after a number of serious inquires for potential franchise opportunities, we decided to open negotiations with several interested parties. As a result of the negotiations the company now has two West Coast entities who have shown a serious interest in moving forward with distributorship agreements for licensing the company's closed loop photobioreactor systems and the purchase of the raw Algae materials needed to commence farming operations."
BioCentric Energy Holdings is in the process of finalizing draft licensing agreements, which will potentially lead to a larger worldwide opportunity for the company to license more distributors and simultaneously increase the sales of photobioreactor systems along with a supplier network for the purchase of the company's strains of raw Algae materials.
Mr. Shen further commented, "The licensing fees for dealers in discussion start at $250,000 per license for a 5 year license. This gives the dealer the right to re-sell a closed loop Algae bioreactor at $86,000 per acre and still make a good profit margin on the Investment."
BioCentric Energy Holdings, Inc. has recently received several celebrity endorsements for the company's motivation and dedication to help build a worldwide "Green" environment which can be viewed on the website. The company was recently featured on the homepage of www.emergingGreencompanies.com a media company also dedicated to public awareness of companies who are "Going Green."
I think they should keep their eyes more on algae and a little less on the share price. There was a potential for a sell off today and we get a vapid PR. Funny.
Hey Sean, try plugging the address straight into regular Google - It comes up in Maps, where you can view it under satellite - You will note there that they are located directly in the middle of the street, facing oncoming traffic! :DQuote:
Originally Posted by Sean
Of course so are the nearby tenant's;
Bydand Paralegal Professional Corporation
Fong and Partners Inc.
Harris Kenneth R
Magellan Energy (Canada) Ltd
Marlowe Donald
Nelson Family Law
Primerica Financial Services
Trenholme Mark
Younker JE
in case mglg comes out with something i got a stepped 50% sell at .01 and .98 :D
Wow! Great find Tree!Quote:
Originally Posted by thetree
Bill, you're our NG guy around here. Can these numbers be used to get an accurate pojection of what to expect?
Getting more and more angry at myself for not getting into BEHL.
Also IFSL will prolly pop up today too.
Quote:
Originally Posted by Los Tiburones
they are living the life at work, are they the house with the pool?
vapid pr? lol okay, i guess you dont get it.
Tripps, I don't know. I have been trying to find some solid info on this. As you know, I am big into boats, except lately. I have heard that OCNF was really sucking. The market is really sucking. I don't know what larger cap stocks are going to do. This is just my opinion and nobody elses - with talks of another stimulus package and Biden coming out and saying that they misread the economy and then Obama covering his ass yesterday, I am leery of just about everything. I honestly don't have a clue. Where is the market going? I just don't know.Quote:
Originally Posted by trippingthespeculatingpos
I believed that 1.20 was a good price a week or two ago, but the market is changing so fast that it is hard to get a handle on, so I am hanging tight. As for security, there doesn't seem to be any. At the present time I am at a total loss.
It would be nice if somebody could come up with something definitive on the boats, because they are primary indicators of the economy, but it has been tits up for a while. I am going to try and find something on that subject today. :confused:
there was a potential for a sell off? really? people have been saying that since 007
yeah bill, thats what im wondering too, can i get it even lower? hmmm its green premarket though
"Sean,
You will get them all, eventually. It will just come in lots of 50k, or whatever is for sale at the time. also, i think you should drive over to MGLGs office and see whats cookin. "
will i have to pay 10$ for each 50k shares i get? or will the 10$ fee cover all the shares? even if its at 50k intervals?
ahh markets are open , just got my account set up! i duno wht to get tho :S
Saw that ... :) ... Must be some kind office complex there ... somewhereQuote:
Originally Posted by imromo24
Great observation! The day before yesterday was the highest volume in six months and has a big black candle yesterday. (see chart above) Then out comes a PR. Check it out and be careful today. I don't know what it is going to do, but walk like you are going through a mine field until you can confirm a direction.Quote:
Originally Posted by thetree
MGLG got dumped on at the end of the session with a form T of 95 million at .0011. I got into it with a dimwit on the hub who was running his mouth. I haven't logged on to there yet, but I might have some shitty comments towards me by now.
BCLE is just fine....it looks retarded, but isn't.
The mglg website says one of their sites produces 150 BOPD, thats barrels of oil per day.
not saying anything here, just getting a feel for the numbers..
guys if u cant see behl is not a pump and dumpo i dont know what to tell you, your not doing your dd, this is real news, if u dont see that im sorry for you. also that being said that doesnt mean the price wont fall some from here but if ur long and believe in the technology that should not bother you.
which chart are u looking at bill?
http://investorshub.advfn.com/boards...6&BatchSize=10
scroll down a bit
jeez trip relax. I think on the third day of a high volume rally based on a pr that said "expect news soon", and penny pump sites, that some profit taking would be expected, no?
And really, what news was in that PR? "someone is showing interest in our product". I guess you're right, I dont get it.
Im not bashing the stock, I still have a buy order for it again after taking profit early in this rally, I just need it to pull back. We just want different things. Actually, we want the same thing, but you want it now and I want it after a pull back. ;)
I think you can get a fair idea from other wells in the same field...at least an average. I am by no means a numbers guy on production. I just drilled the holes and drew a paycheck and bonuses. I was a "nothing" that could be replaced at any time or on any day.Quote:
Originally Posted by ShotsII
My take on the whole thing is that people don't have a clue on production numbers, so there will be a run if anything comes out in the form of a PR. People will argue over whether it is good or not, because they simply don't know. It will all sort out with the shake.
The only thing that I know is that we are potentially in a world of hurt. The DOW futures are up this morning a whole 1.0.
At this time I believe that pennies are where to make money, because they live in La La land. I sure wouldn't get into market stocks right now. That is how I feel right now.