$ Parafin Corp. unmittelbar vor Milliardendeal ? $
hoffen wir nur, dass jetzt endlich wieder mal etwas passiert. freuen wir uns auf die nächste tage.
Wednesday April 11, 5:02 pm ET
PALM SPRINGS, CA--(MARKET WIRE)--Apr 11, 2007 -- ParaFin Corporation (OTC BB:PFNC.OB - News): the Board of Directors of ParaFin Corporation (Parafin) announces that Parafin has made an offer to acquire a 50% working interest in a Hydrocarbon Concession and operating oil field in the Republic of Columbia, South America.
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The Concession consists of approximately 7,000 hectares. It currently has four (4) producing wells with the potential for up to an additional twenty-six (26) offset locations.
Parafin has signed a Letter of Intent with the Trustee of the owner of the Concession (the Company) which gives it ninety (90) days to evaluate the Concession. The Trustee for Company has agreed to provide substantial geological, geophysical logs and other pertinant documents in support of the proven reserves and to assist in the evaluation and potential for future drilling locations.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to those, set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
Contact:
ParaFin Corporation
Telephone: (877) 613-3131
Facsimile: (866) 613-3131
Internet Web Site: http://www.parafincorp.com
E-Mail: ceo@parafincorp.com
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Source: ParaFin Corporation
Hier ein bericht der Überwachungsbehörde Stockpatrol.com
http://www.stockpatrol.com/article/key/update_parafin207
The results are in – and ParaFin Corporation (OTCBB: PFNC) continues to show no hint of a pulse. The Company recently filed its Form 10-Q report for the quarter ended December 31, 2006, and – no surprise here – ParaFin has no money and revenues. That sad fact is not particularly newsworthy since ParaFin and its predecessors have consistently failed to develop any viable business. Over the years the Company has hawked “900” exchange telephone numbers, Russian oil, ergonomic chairs, and Paraguayan hydrocarbons. The results have been consistent; plenty of talk, but no discernible performance. See, Update: Parafin Corporation – Thai-ed Up By A Coup?
The Company may have no cash, but it never seems to run out of two key commodities – excuses and shares. Most recently, ParaFin claimed that a military coup in Thailand had interfered with the Company’s plan to resell Russian crude oil.
That coup did not interfere with the Company’s ability to reward a select few individuals. The Company has operated for over 28 years – and has yet to report a dollar of revenues. Despite that lengthy record of non-achievement, ParaFin has managed to spend plenty of money, almost $43 million since 1978. In fact, between October 1, 2006 and December 31, 2006 – with no funds in its coffers - ParaFin paid over 1.2 million in consulting and management fees.
Equally mind-boggling is the fact that public investors continue to purchase ParaFin stock - and that those shares recently traded at more than 12 cents.
Since the Company has no funds, it rewards its “consultants” and “management” with stock – registered shares that can be sold immediately. On February 23, 2007, the same day it filed its Form 10-Q for the December 2006 quarter, ParaFin filed a Form S-8 Registration Statement, registering approximately 135 million shares to be distributed to directors, consultants and employees under a pair of stock incentive plans. Since there appear to be plenty of individuals willing to buy ParaFin stock, the individuals who receive those shares are not likely to have much difficulty converting their certificates into cash - putting them in a far better position than the Company for which they consult or work.
The Company did not identify the directors, employees and consultants who would be receiving the shares.
Considering ParaFin’s dismal track record it is easy to understand why they would want to remain anonymous.
Wir wollen hier nicht investieren, wir sind schon leider investiert und das schon ca.9 Monate ,heul ;-((
Schadensbegrenzung heißt hier das Stichwort, vielleicht rappelt sich der Kurs noch ein wenig nach oben und wir bekommen noch ein paar Euros mehr als jetzt raus ;-))
Hirschi
Bei dem jetzigen Kurs bekomme ich fast nichts mehr zurück, da kann ich auch noch ein wenig warten.
Wer weiss, manchmal sind die schlechtesten Aktien plötzlich super gefragt...träum ;-)
Oder ein riesigen Ölund Gasvorkommen tut sich auf...wieder träum ;-)
Du weisst ja, die Hoffnung stirbt zu Schluß , lach
Viele Grüße
Hirschi
aber, die hoffnung stirbt zuletzt - bin zuversichtich, irgendwann wird es wieder laufen
www.otcbb.com
Symbol: PFNC
ParaFin Corporation Signs Mr. Charles Gail as Petroleum Consultant; Mr. Gail Was Formerly a Consultant to Texaco for the Republic of Colombia
ParaFin Corporation (OTCBB: PFNC): The Board of Directors of ParaFin Corporation (ParaFin) announces that as of May 1, 2007 Mr. Charles M. Gail has agreed to act as a drilling and well completion Petroleum Consultant for all petroleum-related matters including the recently signed Farmout Agreement with Meta Petroleum Ltd. (Meta) to acquire a 50% working interest in a Hydrocarbon Concession and operating oil field in the Republic of Colombia, South America.
Mr. Gail is completely bilingual in Spanish and English. When Mr. Gail retired from Texaco in 1987, he was General Superintendant of the Colombian Division of Texaco supervising 25,000 BOPD of oil production and 200 MMCF of gas production. Mr. Gail was called on by Texaco to help control all pressure problems that occurred in Colombia over thirty years. He was loaned to the Colombian Government Oil Company on two occasions during emergency situations.
Mr. Gail has had responsible positions overseeing projects in Bogota, Guajira, Putumayo and Velasquez in Colombia for Texaco prior to his retirement. He was responsible for the efficient operation of one to four land rigs drilling 6,000 to 14,000 foot wells, one offshore rig, both jack-ups and drillships drilling 5,000 to 17,000 foot offshore wells and two to six workover rigs. Prior to retiring from Texaco, he reviewed Texaco's Colombian marine operations and completed a logistics study for offshore operations.
Mr. Gail pioneered the effective utilization of helicopter rigs for exploration in remote areas of the Colombian jungle that were previously inaccessable.
After retiring from Texaco in 1987, from 1987 to 1992, Mr. Gail was retained as a Consultant by Texaco overseeing several projects both onshore and offshore Colombia.
ParaFin Corporation looks forward to the guidance that Mr. Gail will contribute to our South American Projects.
grüße
gianni
Dieser Mensch hat für Texaco jahrelang alles gemacht....also doch nichts schlechtes oder????
Wenn die da echt eine Megaquelle finden sind wir saniert...träum ;-))
Man sollte die Hoffnung nie aufgeben.
Hatte die Kohle leider eh schon abgeschrieben und mich einigermassen seelisch davon wieder erholt...also kann ich nur hoffen das die Köpfe da was ausbuddeln was unseren Kurs in die Höhe treibt.
Mehr als hoffen kann ich nicht denn bei lächerlichen 2 Cent die übrig geblieben sind kann ich ja noch nicht mal volltanken...lach ;-))
Traurig...aber wer weiss, sollte das Dingens sprudeln oder wie auch immer, machen wir am Ende noch einen fetten Gewinn ;-))
Denke das es bei euch auch nicht anders ist, verkaufen tut wohl bei den 2 Cent keiner.
Da können wir das Ding auch laufenlassen.
Hirschi
Meta Petroleum CEO Says ParaFin Announcement False
Wednesday May 9, 10:40 am ET
BOGOTA, Colombia--(BUSINESS WIRE)--Meta Petroleum, Limited ("Meta") today renounced a press release issued by ParaFin Corporation on May 1, 2007 as false and without basis. In a May 1st press release, ParaFin stated that it had signed a farmout agreement with "Meta Petroleum Ltd." to acquire a 50% working interest in a hydrocarbon concession and operating oil field in the Republic of Colombia, South America.
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Jan Veldwijk, Meta's Chief Executive Officer, stated, "We were shocked when we were informed of the press release issued by ParaFin Corporation. Neither the management nor shareholders of Meta have ever met anyone from ParaFin Corporation, much less entered into an agreement to sell a portion of our interests. ParaFin's press release is totally without merit and we can only speculate as to the motivation behind the announcement."
Meta Petroleum is one of the fastest growing companies in Colombia and was recently recognized as one of Colombia's top 1,000 companies by two leading Colombian business magazines. Since commencement of operations in 2002, Meta has rapidly increased production from its heavy oil field to more than 18,000 barrels of oil per day. The company's heavy oil field, generally referred to as the Rubiales Field, is located in the Meta Department of Colombia.
"We are disappointed by ParaFin's actions and will pursue any and all remedies available to us resulting from this false and misleading announcement," Veldwijk noted.
Meta Petroleum's corporate headquarters are located on Av. Calle 26 No. 92-30 in Bogota, Colombia. Further inquires should be directed to the company care of either john.hager@metapetroleum.com.co or mario.restrepo@metapetroleum.com.co.
Contact:
Meta Petroleum, Limited
John Hager, 713-953-3218
Kann Parafin denn einfach so etwas behaupten???
Oh man...da dachte ich das jetzt endlich mal was lukratives auf uns zukommt und dann das.
Wenn Parafin nichts dergleichen auf die Beine stellt, ist wohl bald Schluß und Parafin und unsere Kohle sind Geschichte ;--((( ;--((( ;--(((
Hirschi
Steht jetzt knapp über 1Cent. Heute wieder 30% Minus ;--((
PARAFIN CORP NEW (OTC BB:PFNO.OB) |
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Bin ich besoffen ?? Wo kommt den jetzt der Kurs her ??
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