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Paradigm Oil and Gas, Inc.

15 Posts
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0
quote:

lost alot of money schreef op 27 juli 2014 09:30:


Zeer speculatief aandeeltje.

finance.yahoo.com/q?s=pdgo
www.paradigmoil.com/


Hoeveel heb je al verloren? Dat geeft weinig vertrouwen, in de aandelen die je nu aanprijst.....:)
[verwijderd]
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quote:

lost alot of money schreef op 27 juli 2014 21:21:


niets verloren maat winst gemaakt



Wijzig je naam dan even in " won a lot of money"
making alot of money
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Paradigm Oil & Gas, Reserve Reports to Validate Assets and Oil Production
Marketwired
Paradigm Oil & Gas 17 hours ago

DALLAS, TX--(Marketwired - Aug 4, 2014) - Paradigm Oil and Gas, Inc. (PINKSHEETS: PDGO), a leading service provider to the oil and gas industry with expanding operations in oil and gas production, today announced that the Company is awaiting the completion of reserve reports which will allow its auditors to finalize and file current financials.

Required by the SEC to validate the projected value of oil and gas assets under pipe and in the ground, the reserve reports are being completed by MKM Engineering in Plano, TX. MKM provides third-party geological/engineering analysis to estimate mineral reserves which Paradigm's auditors need to accurately book Company assets. Paradigm's audit firm Turner and Stone, which specializes in serving oil and gas producing companies, anticipates a quick turnaround once the necessary research, assessment, and valuation has been completed. Reserve reports can take weeks and months of evaluation in studies that the engineers and geologists work on. We hired MKM over a month ago and their third party analysis should be completed any day and passed on to our auditors.

Vince Vellardita, Paradigm Oil and Gas CEO, offered insight into process, stating, "The good news is that the delay in filing is a direct result of our rapid and dramatic growth. Adding wells at such an aggressive pace has required additional, time consuming reporting that has taken longer to complete than expected."

Paradigm Oil and Gas currently operates more than 300 wells on 40 leases in Texas, Louisiana, and Oklahoma, with 7 properties actively producing oil and gas. Paradigm estimates that it has spent over 100k in 2014 on various studies and reports necessary to maintain SEC compliance and accurately reflect the Company's progress. Vellardita added, "Shareholders are making money while they sleep. We have 7 wells pumping 24/7, helping us show substantial profits. The reserve reports will validate our assets and demonstrate our immense potential to consistently generate revenue in the future."
Kahoona1962
0
"Paradigm Oil and Gas currently operates more than 300 wells on 40 leases in Texas, Louisiana, and Oklahoma, with 7 properties actively producing oil and gas." ... is het niet een beetje vreemd dat ze bij de laatste gepubliceerde cijfers op 23 mei 2014 een revenue van 0 hadden.
making alot of money
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Nee, pas sinds april is er omzet geboekt. Deze is nog zeer minimaal. De CEO verwacht voor 2014 een omzet van 4 mln dollar.
making alot of money
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Paradigm Oil & Gas Confirms $5.1 Million in Oil, Ready to File
Marketwired
Paradigm Oil & Gas August 11, 2014 9:30 AM

DALLAS, TX--(Marketwired - Aug 11, 2014) - Paradigm Oil and Gas, Inc. (PINKSHEETS: PDGO), a leading service provider to the oil and gas industry with expanding operations in oil and gas production, today announced the completion of reserve reports which will enable the Company to complete accounting and file financials necessary to gain reinstatement on the OTC trading platform by September 2014.

The reserve reports, required by the SEC to substantiate the projected value of oil and gas assets under pipe, provides third-party geological/engineering analysis including past production data to estimate mineral reserves. MKM Engineering conducted a comprehensive review and analysis of Paradigm's five active wells situated on its Adobe, Miller, Perry, Lee and Mina Travis leases, appraising oil reserves at $5.1 million, a net of $3.5 million.

Vince Vellardita, Paradigm Oil and Gas CEO stated, "The reserve reports confirm we have active wells sitting on significant oil reserves. The Company still has seven more wells to fire up on those leases, validating the success of our acquisition strategy and providing a solid foundation of future oil production and revenue."

MKM will continue to review and report on an estimated 295 additional wells in Paradigm's portfolio which will guide the Company's future reactivation strategy. Vellardita commented, "We have $5.1 Million under just five of our nearly 300 wells. As we explore the vast cumulative reserve of oil and gas yet to be tapped, I'm excited by the massive revenue potential the future holds for shareholders."

Amidst other important business developments, Paradigm Oil and Gas highlights:

Revised Oil Production Reports
Paradigm Oil and Gas was notified by state authorities of an error in oil production reporting for 2014. Paradigm apologizes for any miscommunication this may have caused and has taken the necessary steps to revise and refile documentation which will accurately reflect past production.

In advance of revised regulatory reports, Paradigm provides the following as accurate June 2014 production which totaled 677.2 (bbl): Perry 139.2, Lucy Lee 202, Mina Travis 184, and Adobe Miller 152.

New Wells Activated
Paradigm reports activating 3 new wells in Texas, one outside of Midland and two others situated in a promising area known as the "Woodbine Play." Located in Madison, Leon, and Grimes counties, the "Woodbine Play" is an organic rich, laminated sand zone that industry analysts believe has the equivalent oil production potential of the "Lower Eagle Ford Shale Formation" of South Texas.

Revenue
With the recent addition of 3 wells and plans to continue an aggressive slate of reactivation, Paradigm reaffirms revenue projections to exceed 7 figures by the end of 2014.
making alot of money
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Omzet 1Q 2014 geen
Omzet 2Q 2014 35.000 ongeveer
Omzet 3Q 2014 100.000 schatting
Omzet 4Q 2014 470.000 schatting

Het duurt tussen de 30-90 dagen voordat de geproduceerde olie als omzet kan worden geboekt.
making alot of money
0
Koers is 0.0085 en de beurswaarde is 1 mln dollar.

Met 50% rendement ben ik meer dan tevreden.
making alot of money
0
Paradigm Oil & Gas Continues Growth, Adds Investor Relations Team
Marketwired Paradigm Oil & Gas
1 hour ago

DALLAS, TX--(Marketwired - Sep 8, 2014) - Paradigm Oil and Gas, Inc. (OTC Pink: PDGO) (PINKSHEETS: PDGO), a leading service provider to the oil and gas industry with expanding operations in oil and gas production, announced today that it has retained T. Clemensen Consulting ("T. Clemensen") to provide strategic investor relations and financial communications services.

"T. Clemensen Consulting is an industry leading investor relations firm, highly experienced in the oil and gas industry. Their ability to increase exposure for Paradigm within the professional investment community will play a major role in our continued growth and expansion. With Tim handling corporate communication to shareholders and potential institutional investors, I will be able to focus on finalizing the leadership team and building the company," said Vince Vellardita, Chairman and CEO of Paradigm Oil & Gas.

"Over the next few weeks we will continue to enhance the experience and capabilities of our corporate structure by adding an industry seasoned CFO and a highly regarded investment banking firm. Once the new executive team is finalized, we expect to complete all audits and file necessary financials to regain full regulatory compliance."
making alot of money
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Paradigm Oil & Gas Expands, Purchases Field Services Facility
Marketwired Paradigm Oil & Gas
September 10, 2014 9:37 AM
Paradigm Oil & Gas Expands, Purchases Field Services Facility .
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DALLAS, TX--(Marketwired - Sep 10, 2014) - Paradigm Oil and Gas, Inc. (PINKSHEETS: PDGO), a leading service provider to the oil and gas industry with expanding operations in oil and gas production, announced today that it has purchased a commercial facility in West Athens, Texas to serve as its base for field service operations.

Situated on 4 acres along US Highway 175, less than an hour south of Dallas, the 4,000 square foot building features offices and warehouse space with six 14' bay doors. Conservatively valued at 500,000.00 Paradigm acquired the property in a self-financed cash and preferred stock transaction totaling 470,000.00. "Given the facility's proximity to hundreds of our wells in Texas and Louisiana, this location gives us the opportunity to establish a more efficient and cost-effective field services operation," stated Vince Vellardita, Chairman and CEO of Paradigm Oil & Gas.

In addition to storing millions of dollars worth of trucks, trailers, pipe, pump jacks, tanks, generators, and other oil drilling and service equipment, Paradigm plans to situate mobile home on the property to accommodate crews traveling between work sites. Vellardita added, "While the facility will save us close to 7k per month in storage, rental, and hotel costs, having a consolidated oil services division will give us the opportunity to strategically grow yet another revenue stream for shareholders."

As minor renovations on the field operations center get underway, Paradigm continues to service recently acquired properties in nearby Woodbine, Texas and expects the reactivation of new oil wells to begin in the next few weeks.
making alot of money
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Paradigm Oil & Gas: Record Aug-Sept Production Hits 3,323 Barrels


DALLAS, TX--(Marketwired - Oct 29, 2014) - Paradigm Oil and Gas, Inc. (PINKSHEETS: PDGO), a leading service provider to the oil and gas industry with expanding operations in oil and gas production, today announced that the Company's eight active wells combined to produced over 1,500.00 barrels of oil September of 2014.

Paradigm provided insight into the achievement by releasing the following summary of August and September, 2014 oil production: Perry - 138/142, Adobe - 320/260, Miller - 330/310, Clements - 230/250, Lucy Lee - 260/260, Mina Travis - 320/260, Roberts - 60/51, Summers - 72/60. Paradigm will file official accounting with regulatory commissions in Texas and Louisiana later this week. Oil production reports can be verified via state agency web site.

Vince Vellardita, CEO of Paradigm Oil and Gas, stated, "1,500.00 barrels from 8 wells in two months is quite an achievement, but it's just the beginning. We expect to have a total of 17 producing by November, conservatively increasing current oil production by 40-50 percent."

Vellardita will lead a tour and inventory of Paradigm's properties in Texas and Louisiana from November 2 -14, 2014. Accompanied by senior executives from two other oil companies, the field inspection will be videotaped and highlights aired on national television as part of the Company's ongoing initiative to enhance Paradigm's image and increase the scope of investor awareness.
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