HAHAHA GOOD ONE 200mph VRRRRRRRRRROOOOOMMMMMMMMMMM WWOOOWWOOO
I found this hope it helps.
OS: 14,750,626 million share
Float: around 11 million Available stock in the market that is considered free trading is around 4 million.
Well there sure ain't 4 million out there the way this thing moves --- more like 400K.
Found this from another poster, really does sound great!!!! YAh I actually read some of it too!!!!!!
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MOAT : Castleguard Energy, Inc.
Basically, a reverse merger that has just come alive as of recent.
4625 Greenville Avenue, Suite 203, Dallas, TX 75206 (214) 361-1755 (Registrant's telephone number, including area code)
GENERAL
Castleguard Energy, Inc. (the "Company") is an independent energy company engaged in the exploration for and the acquisition, development, exploitation and operation of crude oil and natural gas properties, and in the production of crude oil and natural gas in North America. The Company's activities are conducted principally in the States of Texas and Louisiana.
BUSINESS STRATEGY
The Company's business strategy has been to increase its reserves, cash flow and underlying net asset value through a combination of acquisition activities and of exploration and development. To date, the Company's activities have been focused on properties in Texas and Louisiana. Subject to the availability of suitable funding, the Company intends to diversify its property portfolio in terms of production, location and operating characteristics.
The Company's objective is to acquire and develop producing crude oil and natural gas properties that contain the potential for increased value through exploitation and development. The Company seeks to realize the potential in such acquisitions through workovers, recompletions, secondary recovery operations and the drilling of development wells. As a part of its strategy, the Company will attempt to acquire and develop producing crude oil and natural gas properties in areas where the Company has working knowledge and operating expertise. Additionally the Company is currently acquiring leases in North Texas to drill two development wells for several Pennsylvania and Pre Pennsylvania reservoirs.
Also in North Texas, the Company is participating in a 30 square mile 3-D seismic shoot to evaluate shallow oil potential in numerous reservoirs above 3500 feet. This seismic shoot could yield multiple prospects in a very large geographic area. Acquisition of all quality
2-D seismic data indicate several excellent definable prospect areas. Very shallow depths and reasonable drilling and completion costs make this an area excellent for return on investment.
Significant Number of Authorized but Unissued Shares
The Board of Directors has total discretion in the issuance of any shares of Common Stock which may be issued in the future. The Company is authorized to issue 50,000,000 shares of its Common Stock (14,750,626 million shares were issued and outstanding as of December 3, 1999). (See "Part I, Item 8, Description of Securities".)
Scott G. Heape, CEO
Mr. Heape is President and Founder of H & S Production, Inc. and HSP Geophysical, Inc. He received a B.S. in Geology from Tulane University in 1972. He has engaged in all phases of the oil and gas business since 1972 where he served as an exploration geologist with Lone Star Producing Company, a wholly owned subsidiary of Lone Star Gas (now ENSERCH). From 1972 to 1975, Mr. Heape did extensive geological work for
Lone Star in East Texas, Northern Louisiana, and Southern Arkansas. He went to work for Bass Enterprises in 1975 and left Bass in 1976 to form H & S Production, Inc., a Texas corporation.
Scott Heape is a Certified Petroleum Geologist by the American Association of Petroleum Geologists, a Certified Professional Geological Scientist by the Association of Professional Geological Scientists, a member of the Independent Petroleum Association of America (IPAA), the Society of Independent Professional Earth Scientists (SIPES), the Texas Independent Production and Royalty Owners Association (TIPRO), the East Texas Geological Society and Dallas Geological Society.
Scott Heape, CEO has invested $1.5 million of his own money into the company @ a share price of .50/shares.
EXECUTIVE COMPENSATION
As of December 3rd 1999 there has been no salaries paid to any of the officers or Directors of the company. Directors are not compensated for acting in their capacity as Directors. Directors are reimbursed for their accountable expenses incurred in attending meetings and conducting their duties.
OS: 14,750,626 million share
Float: around 11 million Available stock in the market that is considered free trading is around 4 million.
Quarter Ended High Low
September 30, 1998 $.77 $.50
December 31, 1998 $.77 $.53
March 31, 1999 $.63 $.25
June 30, 1999 $.55 $.07
September 30, 1999 $.10 $.04
December 03, 1999 $.06 $.04
The stock didn't even trade for six months of last year.
News expected as early as Tuesday. |