Stock
16 years ago
UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION
SECURITIES EXCHANGE ACT OF 1934 Release No. 57867 / May 27, 2008
SECURITIES AND EXCHANGE COMMISSION SUSPENDS TRADING IN ELEVEN ISSUERS BASED ON A LACK OF CURRENT AND ACCURATE INFORMATION
The U.S. Securities and Exchange Commission announced the temporary suspension of trading in the securities of the following eleven issuers, commencing at 9:30 a.m. EDT on May 27, 2008 and terminating at 11:59 p.m. EDT on June 9, 2008:
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e.Spire Communications, Inc. (ESPIQ)
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Empire of Carolina, Inc. (EMPIQ)
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Genfinity Corp. (GFIN)
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GSI Securitization Ltd. (n/k/a GSI Securitization, Inc.) (GSII)
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Interliant, Inc. (n/k/a I Successor Corp.) (ILNTQ)
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Namibian Minerals Corp. (NMCOF)
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Nix Co., Ltd. (n/k/a Global Energy Resources, Inc.) (GERI)
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Number Nine Visual Technology Corp. (n/k/a International Precious Minerals Group, Inc.) (IPMG)
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NVID International, Inc. (NVID)
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Oncor, Inc. (ONCR)
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USCI, Inc. (USCM)
The Commission temporarily suspended trading in the securities of these issuers due to a lack of current and accurate information about the companies because they have failed to file certain periodic reports with the Commission. This order was entered pursuant to Section 12(k) of the Securities Exchange Act of 1934 (Exchange Act).
The Commission cautions brokers, dealers, shareholders and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by these companies.
balamidas
19 years ago
nop here it is:USCI Inc Industry: n/a
WATERFORD CENTRE Website: n/a
5555 TRIANGLE PARKWAY Phone: +1 678 2682300
NORCROSS, GA 30092 Fax: +1 770 8400905
UNITED STATES Employees: 45
PROVIDES CELLULAR AND PAGING SERVICES TO SUBSCRIBERS
USCI, Inc.. The Company is a reseller of wireless services in the United States. The company has occupied a large geographic footprint in the wireless services industry after entering into contracts with non-affiliated wireless services carriers covering substantially all of the continental in United States, Alaska, Puerto Rico and the Virgin Islands. The company purchases cellular telephone access and airtime from facilities-based carriers at wholesale rates and then resells these services at retail rates. The company has approximately 13,000 wireless service subscribers.
WhiteNOC
19 years ago
Canada's Oil Reserves 2nd Only To Saudi Arabia
By Campion Walsh
Dow Jones Newswires
Petroleumworld.com
5-6-3
The U.S. government said Thursday Canada holds the world's second-largest oil reserves, taking into account Alberta oil sands previously considered too expensive to develop.
The Energy Information Administration, the statistical wing of the U.S. Department of Energy, has included recent private sector estimates that an additional 175 billion barrels of oil could be recovered from resources known to exist in Western Canada since the 19th Century.
At a briefing on this year's EIA International Energy Outlook, EIA Administrator Guy Caruso cited a December report in the Oil and Gas Journal that raised Canada's proven oil reserves to 180 billion bbls from 4.9 billion bbls, thanks to inclusion of the oil sands - also known as tar sands - now considered recoverable with existing technology and market conditions.
"Canada will be producing a lot of oil from the development of these tar sands, but the quality of those reserves differs substantially from the Saudi reserves in terms of cost and ability to bring...the productive capacity on in a meaningful way," Caruso said.
"There is a difference in the absolute amount versus the ability to turn that into productive capacity," he said.
The latest estimates put Canada ahead of war-torn Iraq, which the EIA estimates holds 112.5 billion bbls and is constrained from raising production for entirely different reasons. The U.S. agency estimates Saudi Arabia's recoverable oil reserves at 264 billion bbls.
The EIA projects Canadian oil sands could produce 2.2 million barrels a day by 2025 compared with the current level of about 700,000 b/d, which already represents more than a fourth of total Canadian output of 3.1 million b/d.
Canadian Industry Sees More Oil Sands Potential
The Canadian Association of Petroleum Producers estimates current projects will raise Alberta oil sands production to 1 million b/d this year, and continuing development will raise it further to 1.8 million b/d by 2010, according to CAPP Vice President Greg Stringham.
Current oil sands projects are economically viable at crude oil prices of $18-$20 a barrel, though the quality of oil produced can vary according to whether production comes from "in situ" reserves that require drilling assisted by steam-injection pressure or from simple mining, Stringham said.
CAPP's own estimate of Canada's recoverable oil sands is 315 billion bbls - 20% from mining and the rest from steam-assisted drilling.
"There's clearly a lot of the stuff in the ground," said David Pursell, oil-sector analyst with Houston-based investment bank Simmons & Co. But the commercial viability of the reserves is sensitive to oil prices, technology and public policy, Pursell said.
Among political complications are the additional carbon dioxide emissions from production and processing of the tarry substance. Stringham said despite Canada's ratification of the Kyoto Protocol limiting carbon dioxide emissions, the industry expects the international agreement to add only 25 cents to 30 cents a barrel to development costs through 2012.
Oil sands development, which relies heavily on natural gas, could benefit from development and pipeline transport of large Arctic gas reserves in Alaska's North Slope and Canada's Mackenzie Delta, which under current proposals could be on-stream by 2010, the CAPP official said.
While cautious about the new reserve estimates, Pursell said oil sands may be "a good contrarian investment" at a time most energy investors are focused on natural gas. "It's a good potential source of hydrocarbons in this hemisphere," he said.
The EIA report is availabe on the Internet at: www.eia.doe.gov/oiaf/ieo/index.html
http://www.petroleumworld.com/story1129.htm
brmrich
19 years ago
I posted this earlier.
Here is a description of the company that you are referring to.
Company Information
USCI, Inc.. The Company is a reseller of wireless services in the United States. The company has occupied a large geographic footprint in the wireless services industry after entering into contracts with non-affiliated wireless services carriers covering substantially all of the continental in United States, Alaska, Puerto Rico and the Virgin Islands. The company purchases cellular telephone access and airtime from facilities-based carriers at wholesale rates and then resells these services at retail rates. The company has approximately 13,000 wireless service subscribers.
USCI, INC.
WATERFORD CENTRE 5555 TRIANGLE PARKWAY NORCROSS GA 30092
Phone: +1 678 2682300
Fax: +1 770 8400905
brmrich
19 years ago
Here is a description of the company that you are referring to.
Company Information
USCI, Inc.. The Company is a reseller of wireless services in the United States. The company has occupied a large geographic footprint in the wireless services industry after entering into contracts with non-affiliated wireless services carriers covering substantially all of the continental in United States, Alaska, Puerto Rico and the Virgin Islands. The company purchases cellular telephone access and airtime from facilities-based carriers at wholesale rates and then resells these services at retail rates. The company has approximately 13,000 wireless service subscribers.
USCI, INC.
WATERFORD CENTRE 5555 TRIANGLE PARKWAY NORCROSS GA 30092
Phone: +1 678 2682300
Fax: +1 770 8400905
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just4fun2
19 years ago
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