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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts
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To: Ga Bard who wrote (15360)5/12/1999 2:12:00 PM
From: Joe Copia  Read Replies (2) of 25711
 
Thanx ... will look at CEOL. shorting MIPR at the moment. :)

edit CEOL POS since 1993:

CENTRAL OIL CORP (CEOL)
Annual Report (SEC form 10KSB)

MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.

Results of Operations

The Company has generated no substantial revenues from its operations in recent years and has been a development stage company since 1993. Since the Company has not generated revenues and has not been in a profitable position, it operates with minimal overhead. The Company's primary activity will be to search for and to acquire oil and gas leases for its own account, and for the foreseeable future to search for and to acquire oil and gas leases for the account of its clients. No leases or clients have been identified at this time. It is the Company's intention to develop oil and gas lease projects in
which the Company can act either as the drilling operator for an investor group or as a broker of leases for a lessor and for the account of its clients. The Company has acquired in the past, and plans in the future to acquire leases for nominal prices, sometimes as low as $1.00 per acre. Such leases can be acquired in Federal and State lotteries, and the Company plans to take advantage of all
opportunities to engage in such lotteries. Leases may also be received from individuals or companies by assignment under an agreement to develop or sell such leases on behalf of such persons. The Company also has in the past and plans in the future to act as a broker for lease situations involving third parties.


Joe PTG&LI !!!
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