BlazingStocks
3 years ago
HTG is a revenue generating corporation whose principals have over 20 years of experience in all aspects of the Agricultural/Industrial Hemp Industry. HTG is both vertically and horizontally integrated across the entire Agricultural/Industrial Hemp Industry and is involved in Seed Genetics, Plant Propagation, Transportation, Crop Harvesting and Drying, all forms of Post Processing as well as the creation of cutting-edge Cannabinoid Extractions and Formulations, including CBD, CBG, CBN and all “Hemp-Derived” extractions, as defined under the 2018 Hemp Farm Bill.
$HSTI
No1Uknow
6 years ago
Gregg W. Koechlein as a director on March 26, 2019 to fill the vacancy created through Mr. Vardakis’ resignation.
Mr. Koechlein has served as the Company’s Chief Operating Officer, Chief Financial Officer, Secretary, Treasurer and General Counsel since December 31, 2018. He has served as a director since March 26, 2019. He has served in those capacities for the Company’s wholly-owned subsidiary, High Sierra Technologies, Inc., since its inception in August 2018 and continues to do so. Mr. Koechlein has maintained an active law practice for the last five years focusing mainly on transactional work, state and federal court litigation and federal appellate work. He has also provided consulting services to various clients in the medical, clinical laboratory and restaurant sectors. Mr. Koechlein received his Juris Doctor degree from the Loyola Law School in Los Angeles, California in 1984. He brings to the Company over 33 years of legal experience and over 45 years of business experience. From 1987 to 1989 Mr. Koechlein was Vice President of Manufacturing and General Counsel of Super Shops, Inc. He served as its President, Chief Operating Officer and General Counsel from 1989 to 1997. As President, he was responsible for all operational and strategic aspects of a chain of 165 retail stores in 31 states, employing nearly 2000 people. These operations included a mail order sister company startup that had first year annual revenues of $35 million. During his tenure, Super Shops, Inc. grew from 53 to 165 stores, one to four warehouses and the annual consolidated revenues grew from $80 million to approximately $250 million. During this same time period, the Mallory, Inc. subsidiary nearly tripled its annual revenues.
In the Company’s acquisition of High Sierra Technologies, Inc., a Nevada corporation (“High Sierra”) which was consummated on December 31, 2018, Mr. Koechlein exchanged his 3,250,000 shares of High Sierra common stock for an equal number of shares of the Company’s common stock on a 1 for 1 share basis, and Mr. Koechlein was appointed as the Company’s Chief Operating Officer, Chief Financial Officer, Secretary and Treasurer. For additional information concerning this transaction, see the Company’s Current Report on Form 8-K dated December 31, 2018 and filed with the Securities and Exchange Commission on January 2, 2019.
Item 5.07 Submission of Matters to a Vote of Security Holders.
On March 25, 2019, a Special Meeting of the Stockholders of the Company was held in Reno, Nevada pursuant to a Notice to Stockholders and a Proxy Statement. A total of 18,955,500 shares of the Company’s common stock were represented in person or by proxy at the meeting. The Company has a total of 20,189,642 shares of its common stock issued and outstanding, so approximately 93.9% of the outstanding shares were represented at the meeting.
Golden Cross
18 years ago
GFPE: Gulf Petroleum GFPE Retains Financial Auditing Firm
Wednesday June 7, 8:30 am ET
CARENCRO, La.--(BUSINESS WIRE)--June 7, 2006--Gulf Petroleum Exchange, Inc. (Pink Sheets:GFPE - News) announced today that they have retained the Oklahoma City accounting firm of Murrell, Hall, McIntosh & Co., PLLP to audit the company in an effort to get listed on the NASDAQ OTCBB.
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Gulf's intention is to file form 10SB with the SEC to become a reporting company under Section 12(g) securities exchange act of 1934. The audit is integral to the 10SB filing and the companies' ultimate visibility as it moves upward.
Warren (Skip) Wheeler President of Gulf Petroleum stated, "the audit is paramount in our attainable goal of matriculating into a Fully Reporting Bulletin Board company and eventually being listed on the NASDAQ."
About Murrell, Hall, McIntosh & Co:
Established in 1973, the firm has grown to become one of the largest CPA firms in Oklahoma. They have a wide array of experience providing services to clients in local, national and international markets. Their clients include a diverse group of large and small, private and public companies in many industries including but not limited to oil and gas. They are known to handle large clients very professionally and small companies with a personal touch.
About Gulf Petroleum Exchange:
Gulf Petroleum Exchange, a multi-faceted energy company, combines the experience of its people with the strength of its strategic alliances to create profitable projects within three aspects of energy enhancement; oil and gas production, the removal of undesirable compounds from hydrocarbon based fuels, and sales of the resultant products.
Forward-Looking Statements:
Based on current expectations and assumptions, forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical experience and projections. Such forward-looking statements are inherently uncertain, and actual results may differ from those expressed or implied. Consequently, readers should not place undue reliance on any forward-looking statements. Gulf Petroleum Exchange, Inc. undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Contact:
Gulf Petroleum Exchange, Inc.
Skip Wheeler, 337-896-5151
www.gfpe.org
mthead
18 years ago
Gulf Petroleum to Start Drilling Second Oil Well on the Sterett Miles
Tuesday , May 23, 2006 09:20 ET
CARENCRO, La., May 23, 2006 (BUSINESS WIRE) -- Gulf Petroleum Exchange, Inc. (PINK SHEETS: GFPE) announced today that George N. Mitchell Drilling Company of Carmi, Illinois will start drilling the Sterett Miles #2, the second of the projected five Oil Wells in the Illinois Basin in Mclean county Kentucky.
Gulf Petroleum and Smith Oil Co. will begin drilling the Sterett Miles #2 this week. As previously reported the Sterett Miles #1-A was drilled through the St. Louis formation. We intend to drill approximately 250 feet deeper, thereby penetrating the Warsaw formation, which is a very productive formation in this and other nearby oilfields.
Warren (Skip) Wheeler president of Gulf Petroleum Exchange stated: Overtime, perforating and acidizing other formations within the same well, can extend the economical productive life of the well for several years.
http://www.knobias.com/individual/public/news.htm?eid=3.1.77ee6bb76c278403bbf94ca7d9fc486081783d4661...
Golden Cross
19 years ago
Gulf Petroleum Exchange, Inc. (OTC: GFPE) may be a target of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company issued a press release announcing that together with Jeanblanc International Inc. they formed Omega Energy, LLC as an equally owned entity for constructing and operating proprietary desulfurizing units. Gulf Petroleum will also be the managing entity for all operations.
News of the new entity created for use of the desulfurizing units should get the attention of investors! According to the company's press release, Omega Energy, LLC, is currently setting up a portable desulfurization demonstration unit this first week of May 2006, within a Gulf Coast refinery that is refining 1,000,000 barrels of oil per month. On average, the desulfurizing unit, operating at that capacity, will increase the refineries margins by at least $6.00 per barrel; increasing the bottom line upwards of $72,000,000.00 per year. Omega Energy will share in those profits.
Continue to watch this company! The press release states that the USA and Europe are tightening limits on the sulfur content of Gasoline at the same time the crude oil coming out of the ground is becoming increasingly "sour", or sulfurous. Current Desulfurization technology requires a vast array of catalysts, high operating pressure, the generation of hydrogen, and it uses enormous quantities of fuel, and some very expensive equipment. Using current technology, a medium sized desulfurization system will cost upwards of $100,000,000.00 and take one year or more to construct and will not extract all of the sulfur compounds. The cost of constructing the comparable Omega Desulfurization equipment is about $5,000,000.00.
Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of Gulf Petroleum Exchange! Jim Jeanblanc, President of Jeanblanc International, Inc. stated: "The cost of material and management of our process is exponentially less expensive then the traditional process. We are looking forward to changing the face of the industry."
Skip Wheeler President of Gulf Petroleum Exchange, Inc. states: "We expect a successful implementation of our Demo unit and look forward to installing a permanent one at this facility. Once up and running we intend on marketing this process to refineries throughout the World."
The stock closed yesterday at Twenty cents a share.
For an in-depth profile of Gulf Petroleum Exchange, visit http://www.thenewssvc.com/GFPE050206.html To view all of Wall Street News Alert's special early morning trading alerts for this morning, visit www.WallStreetNewsAlert.com, where you may also sign up to receive free email alerts in advance of our press releases being issued.
Golden Cross
19 years ago
Gulf Petroleum GFPE Forms Omega Energy, LLC to Market Desulfurization Process
Tuesday May 2, 4:10 pm ET
CARENCRO, La.--(BUSINESS WIRE)--May 2, 2006--Gulf Petroleum Exchange, Inc. (Pink Sheets: GFPE - News) announced today that together with Jeanblanc International Inc. they formed Omega Energy, LLC as an equally owned entity for constructing and operating proprietary desulfurizing units. Gulf Petroleum will also be the managing entity for all operations.
ADVERTISEMENT
Omega Energy, LLC, is currently setting up a portable desulfurization demonstration unit this first week of May 2006, within a Gulf Coast refinery that is refining 1,000,000 barrels of oil per month. On average, the desulfurizing unit operating at that capacity will increase the refinery's margins by at least $6.00 per barrel, thereby increasing the bottom line upwards of $72,000,000.00 per year; Omega Energy will share in those profits.
The USA and Europe are tightening limits on the sulfur content of gasoline at the same time the crude oil coming out of the ground is becoming increasingly "sour," or sulfurous. Current desulfurization technology requires a vast array of catalysts, high operating pressure and the generation of hydrogen, and it uses enormous quantities of fuel and some very expensive equipment. Using current technology, a medium-sized desulfurization system will cost upwards of $100,000,000.00 and take one year or more to construct and will not extract all of the sulfur compounds. The cost of constructing the comparable Omega Desulfurization equipment is about $5,000,000.00.
Jim Jeanblanc, President of Jeanblanc International, Inc., stated: "The cost of material and management of our process is exponentially less expensive than the traditional process. We are looking forward to changing the face of the industry."
Skip Wheeler President of Gulf Petroleum Exchange, Inc., states: "We expect a successful implementation of our demo unit and look forward to installing a permanent one at this facility. Once up and running we intend on marketing this process to refineries throughout the world."
About Jeanblanc International:
Jeanblanc International, Inc. is an 18-year-old privately held corporation that has developed a new and innovative patent-pending process that economically and dramatically reduces the sulfur from crude oil, heavy fuel oil and refined products
About Gulf Petroleum Exchange:
Gulf Petroleum Exchange, a multi-faceted energy company, combines the experience of its people with the strength of its strategic alliances to create profitable projects within three aspects of energy enhancement: oil and gas production, the removal of sulfur compounds from hydrocarbon based fuels, and sales of the resultant products.
Forward-Looking Statements:
Based on current expectations and assumptions, forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical experience and projections. Such forward-looking statements are inherently uncertain, and actual results may differ from those expressed or implied. Consequently, readers should not place undue reliance on any forward-looking statements
Contact:
Gulf Petroleum Exchange, Inc.
Skip Wheeler, 337-896 5151
www.gfpe.org
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