FormCap Corp. bricht aus.....

FormCap Corporation – Corporate Update




FORMCAP CORP (FRMC.PK) is an emerging junior in the oil and gas sector. We have recently acquired strategically positioned acreage located in the Permian Basin, a prolific area that has produced over 35 billion barrels of oil and 100 trillion cubic feet of gas, and is host to over 20 percent of all domestic oil and gas produced in the US

Recently, Exxon Mobil bought XTO Energy for $31 billion. This acquisition was the largest U.S. energy takeover since Houston-based Conoco-Phillips acquired Burlington Resources. Exxon’s acquisition of XTO Energy in December 2009 was largely in part for XTO’s significant Permian Basin assets. Recent M&A activity in the Permian Basin highlights the growing importance of this historically prolific, domestic source of energy. Shortly after Exxon’s takeover of XTO, a Bloomberg article on December 14th, 2009, reported that the Exxon acquisition may have signaled a wave of new acquisitions referencing Occidental Petroleum’s purchase of Plains Exploration & Production’s interest in the Permian Basin of West Texas and New Mexico, as well as their Piceance Basin assets of Colorado for $1.25 billion. Likewise, SandRidge Energy recently acquired Forest Oil’s Permian Basin assets for $800 million. The Permian Basin’s development history and stable, long-life production is one of the main reasons FormCap has secured the Weber City Prospect acreage

FormCap holds 100% Working Interest (80% Net Revenue Interest) in the 4,900 acre Weber City Prospect located in Curry County, New Mexico. These leases have been assigned and are duly recorded with initial 5 year terms. The Company has completed its registration to conduct business in the State of New Mexico and is in the process of establishing itself as Operator. The Company plans to drill an initial 7,000 foot well to test four potentially productive hydrocarbon zones; the San Andres, Clearfork, Wolfcamp and Cisco formations. Approximately 100 wells (based on 40 acre spacing) could be drilled on the Prospect. It is estimated that these leases could contain over 220 million barrels of oil in a successful case. Finally, the Company is making its 15c-211 filing for listing on the Over-the-Counter Bulletin Board (OTCBB)

About FormCap Corp.: FORMCAP is a reporting issuer with the shares traded on the “Pink Sheets”. FORMCAP’s mandate is to seek out highly prospective oil and gas properties for acquisition, exploration and development. For more information see our website at www.formcapcorp.com or call  (888) 777-8777  (888) 777-8777

Safe-Harbor Statement: Under the Private Securities Litigation Reform Act of 1995. This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act''), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words “may,'' “would,'' “will,'' “expect,'' “estimate,'' “anticipate,'' “believe,'' “intend,'' and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors  

FormCap Enters into Operations and Farm-in Agreement

FORMCAP CORP (FRMC.PK) is pleased to announce that it has entered into a Consulting and Option Agreement with Mr. Norman Mackenzie of Calgary, Alberta, Canada, to develop and execute the drilling and development plan for the Weber City Prospect. The Weber City Prospect consists of approximately 4,800 acres with room for 100+ well locations, strategically positioned in the Permian Basin, a prolific area that has produced over 35 billion barrels of oil and 100 trillion cubic feet of gas, and is host to over 20 percent of all domestic oil and gas produced in the US Mr. Mackenzie has over thirty years experience in the domestic and international energy industry with companies that have developed significant energy projects in the North Sea (UK and Norway), China, Abu Dhabi, Dubai, Egypt, Bangladesh and Libya. In addition, he is Chairman and Founder of C & C Energy Canada Ltd., which is engaged in oil and gas exploration in Colombia, South America; these assets are currently capable of producing over 5,000 BOPD. Companies that Mr. Mackenzie has been associated with have been at the leading edge of technology in all sectors of the oil & gas business. In 1992, Scimitar Hydrocarbons, a public company founded by Mr. Mackenzie, was merged with Rally Energy Corp., which was subsequently sold for over $900 million in 2003. Mr. Mackenzie and his team will develop a strategic development plan that will include the scope of seismic surveys, the delineation of multiple drill targets and access to capital to assist in the ultimate exploitation of FormCap’s leases “Mr. Mackenzie and his team bring an extremely high level of expertise to FormCap’s exploration and development plan for Weber City Prospect. The fact that he negotiated for rights to financially participate in the development of this Prospect further supports our contention that it is a high quality opportunity” stated Graham Douglas, FormCap’s President About FormCap Corp.: FORMCAP is a reporting issuer with the shares traded on the “Pink Sheets”. FormCap holds 100% Working Interest (80% Net Revenue Interest) in the 4,900 acre Weber City Prospect located in Curry County, New Mexico. Formcap’s mandate is to seek out highly prospective oil and gas properties for acquisition, exploration and development. For more information see our website at www.formcapcorp.com or call (888) 777-8777 (888) 777-8777

 

FormCap Hires Senior Geologist Thomas Markham

RENO, Nev., Dec 08, 2009 (BUSINESS WIRE) -- FORMCAP CORP (FRMC.PK) is pleased to announce that it has engaged Mr. Thomas Markham as a consulting Senior Geologist to FormCap. Mr. Markham is a professional geologist specializing in the evaluation and development of oil and gas plays in the onshore United States. Tom received his Masters of Geology from LSU in 1976 and then pursued a career working with ARCO, BEPCO, HOUSTON OIL and MINERALS, and TENNECO, in technical positions of increasing responsibility. During this period, Mr. Markham as an individual geologist and as part of exploration and development teams discovered and developed more than 75 million net equivalent barrels of oil. With increasing budget and managerial responsibilities, Tom managed geoscience teams of up to fifteen graduate professionals with budgets of from $11 to $23 million. Along with managerial skills, his geoscience specialties include well survey ("logs") analysis and interpretation, evaluation of depositional and diagenetic systems, seismic -- stratigraphic application to the exploration and exploitation of hydrocarbon reservoirs, and definitive risk/reward economic evaluation of oil and gas projects. He has evaluated and participated in oil and gas programs throughout the continental United States and Alaska (Prudhoe Bay) and was currently involved with analysis of offshore South America Basins as a third party consultant. Onshore United States, Mr. Markham's recent activities have included analysis of over pressured shale gas reservoir systems in the Mississippi Interior Salt Basin; evaluation of a major shear system in New Mexico (Weber City Prospect), and mapping the updip pinchout of Permian age carbonate reservoirs with possible reserve exposure of over 100 million barrels of oil. Tom has published in the American Gas Journal and was invited on a technical tour of the former Soviet Union to review oil and gas assets. He has been a guest speaker at the American Association of Petroleum Landman's (AAPL) "Buying Oil and Gas Properties" seminar. Finally, Tom is the project generator of FormCap's 4,800 acre Weber City Prospect located in Curry County, New Mexico. "As FormCap prepares to drill the Weber City Prospect, it will need to expand its management team. The addition of Mr. Markham to our team is a critical first step. Tom's experience and understanding of the Weber City Prospect is crucial to optimize our probability of success" stated Graham Douglas, FormCap's President & CEO.

 

PenStox.de: FormCap`s Technical Team Initiates Exploration Program

Feb 28th 2010, Witten, Germany – PenStox.de is pleased to announce to all of its members and investors information on FormCap Corp. (PINKSHEETS: FRMC). The Company released news as follows:

FORMCAP CORP’s (PINKSHEETS: FRMC) technical team is initiating a comprehensive and systematic strategy to explore for oil and gas at the Company’s Weber City Prospect. A six member multi-disciplined technical team, which was assembled by Norman Mackenzie, FormCap’s Calgary based operational partner, will utilize the most advanced technology available to delineate drill targets, as well as determine the size and scope of the initial seismic and geophysical program. The members of the technical team have a combine 150+ years of oil and gas exploration and development experience. The team is comprised of in-house professionals and technical consultants with the necessary expertise and experience to complete any action for the prudent and timely exploration and development of the Weber City Prospect As previously announced, FormCap has increased its land position in the Permian Basin prospect to approximately 5,800 gross acres of oil & gas leases, all with primary terms of five (5) years. The Weber City Prospect is strategically positioned in the Permian Basin, a prolific area that has produced over 35 billion barrels of oil and 100 trillion cubic feet of gas, and is host to over 20 percent of all domestic oil and gas produced in the US. The Permian Basin’s development history and stable, long-life production is one of the main reasons FormCap has secured the Weber City Prospect acreage and continues to expand its holdings. FormCap plans to drill initial wells to test four potentially productive hydrocarbon zones; the San Andres, Clearfork, Wolfcamp and Cisco formations. Formcap has sufficient land cover to fully develop discoveries on 40 acre spacing.

Graham Douglas, FormCap’s President and CEO, stated, “Mr. Mackenzie’s is committed to using highly experienced and technically capable professionals to develop the Weber City Prospect. It is our belief that this will maximize our probability for long term success and growth.”

About FormCap Corp.:
FORMCAP is a reporting issuer with the shares traded on the “Pink Sheets”. FormCap holds 100% Working Interest (80% Net Revenue Interest) in the 5,800 acre Weber City Prospect located in Curry County, New Mexico. Formcap’s mandate is to seek out highly prospective oil and gas properties for acquisition, exploration and development. For more information see our website at www.formcapcorp.com or call (888) 777-8777 (888) 777-8777 (888) 777-8777 (888) 777-8777 .

Safe-Harbor Statement:
Under the Private Securities Litigation Reform Act of 1995. This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act''), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words “may,'' “would,'' “will,'' “expect,'' “estimate,'' “anticipate,'' “believe,'' “intend,'' and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

About PenStox.de:
PenStox.de is a european website that profiles stocks of interest. We are not licensed brokers or financial consultants. The information here is believed to be reliable, but not guaranteed to be accurate by PenStox.de. Please be advised that the information contained may or may not be complete and is solely for informational purposes only. This is not to be construed as an offer to sell, hold or the solicitation of an offer to buy. Investors are encouraged to seek opinions by their registered brokers or financial advisors after extensive due diligence is performed.

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Contact: info@penstox.de

 

Hey, alle Pleite und tot???  

Gibts hier noch einige Formcap Pleitegeier???


Der Manager ist jetzt vor Gericht!!!
Ich habe auch noch 350000 Aktien ,die mich ein Vermögen gekostet haben. Ist hier noch einer im Thema von der Briefkasten Firma und die Reuter-Gang.
 

SEC klagt kanadische Aktiengesellschaft und ihren CEO in betrügerischer Microcap-Scheme-Prozessmitteilung

Nr. 25430 / 27. Juni 2022

Securities and Exchange Commission v. Moynes, et al.; Zivilklage Nr. 1: 22-cv-11006 (D. Mass., eingereicht am 27. Juni 2022
)
Die Securities and Exchange Commission klagte den kanadischen Staatsbürger Bradley Moynes und das kanadische Unternehmen Digatrade Financial Corp. wegen eines betrügerischen Systems mit Microcap-Unternehmen an, das mehr als 1,5 Millionen US-Dollar an rechtswidrigen Aktienverkaufserlösen auf Kosten ahnungsloser Kleinanleger generierte.

In der Beschwerde der SEC wird behauptet, dass Moynes Präsident, CEO und Direktor von zwei kleinen und dünn gehandelten Unternehmen, Formcap Corporation und Digatrade, war, deren Aktien an den US-Wertpapiermärkten öffentlich gehandelt wurden. Laut der Beschwerde nutzte Moynes ausländische Nominee-Unternehmen, um Aktien dieser Microcap-Unternehmen zu halten, und verschleierte so sein Eigentum. In der Beschwerde wird behauptet, dass er und seine Mitarbeiter eine Nachfrage nach seinen Aktien generiert haben, indem sie Promotoren bezahlt haben, um die Aktie anzupreisen, und dann heimlich seine Aktien in diese Nachfrage verkauft haben, wodurch erhebliche illegale Gewinne von ahnungslosen Investoren erzielt wurden.

Moynes soll gegen die US-Wertpapiergesetze verstoßen haben, weil er Investoren betrogen hatte, indem er Informationen über seinen Besitz und seine Kontrolle über die von ihm verkauften Aktien verheimlichte. Moynes soll zahlreiche Einreichungen bei der SEC unterzeichnet haben, die falsche Angaben über seinen Besitz von Digatrade-Aktien enthielten. Moynes soll Investoren, Broker und Transferagenten (Unternehmen, die Aufzeichnungen über Aktienbesitz führen) in die Irre geführt haben, um diese Parteien davon zu überzeugen, dass seine Aktien für den Handel auf den öffentlichen Märkten in Frage kamen. In der Beschwerde wird behauptet, dass Anlegern, die die von ihm verkauften Aktien kauften, infolge des betrügerischen Verhaltens von Moynes wichtige Informationen vorenthalten wurden - dass die von ihnen gekauften Aktien vom Präsidenten und Mehrheitsaktionär des Unternehmens gedumpt wurden.

Die Beschwerde der SEC, die beim United States District Court for District of Massachusetts eingereicht wurde, wirft Moynes und Digatrade vor, gegen die Abschnitte 5(a), 5(c) und 17(a) des Securities Act von 1933 und Section 10(b) des Securities Exchange Act von 1934 und Rule 10b-5 darunter verstoßen zu haben. Die SEC strebt dauerhafte einstweilige Verfügungen, die gesamtschuldnerische Abschöpfung von angeblich unrechtmäßig erworbenen Gewinnen plus Vorverurteilungszinsen, zivilrechtliche Strafen und eine Penny-Stock-Bar gegen die Beklagten an. Die Beschwerde zielt auch auf eine Offiziers- und Direktorenbar gegen Moynes ab. In der Beschwerde wird Vancap Ventures, Inc., ein kanadisches Unternehmen, das Moynes gehörte, zusätzlich als Beklagter angeklagt, weil es angeblich illegale Erlöse aus Moynes' betrügerischem System erhalten habe, und die SEC fordere die Abschöpfung dieser Erlöse.

Der Fall der SEC wurde von Trevor T. Donelan, Jennifer Cardello, Robert Baker und Kathleen Shields im Boston Regional Office mit Unterstützung von Marlee Miller und Owen Granke vom Büro für internationale Angelegenheiten der SEC untersucht. Die SEC schätzt die Unterstützung der Financial Industry Regulatory Authority, der British Columbia Securities Commission, der Panama Superintendencia del Mercado de Valores, des Curaçao Korps Landelijke Politiediensten, der Cayman Islands Monetary Authority, der Cyprus Securities and Exchange Commission, der Latvia Financial and Capital Market Commission, der Liechtenstein FInancial Market Authority, Malta Financial Services Authority, Mauritius Financial Services Commission, Monetary Authority of Singapore, Swiss Financial Market Supervisory Authority, United Arab Emirates Securities and Commodities Authority, Dubai Financial Services Authority und United Kingdom Financial Conduct Authorit