Westbridge Renewable Energy Corp (WEB) News

thats show biz

Yikes....10 shares from 36,000. That's a combined one for 3,600 R/S spread over several splits. Oh my!!

yes and there must have been a lot of them


had 36000 shares and now only 10

the founder is either dead crippled or in jail--- unless decided to trash and run with what was in the cookie jar

https://www.marketwatch.com/story/godfather-of-chart-analysis-says-damage-done-to-the-stock-market-is-much-much-worse-than-anyone-is-talking-about-2018-10-30?mod=MW_story_top_stories

jeeze I sure hope so

really breaks me up

PORTRUSH WEBSITE DOWN?

WEGYF is from PORTRUSH Petroleum likely consolidated a few times;so far 1 for 40 with Westridge
think maybe they are drilling in the wrong area

well that hurt. hope these dirty oil patch bums get the same.

WEGYF one for 10 reverse split effective April 27,2016:

http://otce.finra.org/DLSymbolNameChanges

WEGYF one for 4 reverse split:

http://www.otcbb.com/asp/dailylist_detail.asp?d=04/17/2014&mkt_ctg=NON-OTCBB

Westbridge to Transition to IFRS Terminates Registration in USWestbridge Energy Corporation
WEB 5/26/2010 6:40:00 PMVANCOUVER, British Columbia, May 26, 2010 (BUSINESS WIRE) --
Westbridge Energy Corporation TSX-V: WEB (OTCBB:WEGYF)
http://www.stockhouse.com/News/CanadianReleasesDetail.aspx?n=7753360
Westbridge Energy Corporation ("Company"), as part of its efforts to transition to International Financial Reporting Standards ("IFRS") as required under Canadian policies, intents to voluntarily terminate the registration of its common shares (the "Termination") under the United States Securities Exchange Act of 1934 (the "1934 Act"). The Company intends to file a Form 15F with the United States Securities and Exchange Commission, and its reporting obligations under the 1934 Act, including Form 6-K and Form 20-F (which necessitates reconciliation to US Accounting Standards), will be suspended immediately upon filing. The Termination will become effective 90 days thereafter. Although the Company believes it has obtained substantial benefits through its SEC registration, the current economic environment has caused the Company to review all of its expenditures and the Company will focus its efforts on the changeover to IFRS.

The Company is current with all reporting requirements under the Securities Exchange Act of 1934 and is not currently listed on any U.S. exchange. The Company's common shares will continue to trade in Canada on the TSX Venture Exchange under the symbol "WEB".

The Company continues to review various opportunities to participate in oil & gas exploration and development projects.

ON BEHALF OF THE BOARD Mr. Martin Cotter, President & Director

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Westbridge Energy Corporation

Westbridge Energy Corporation Corporate Mr. Martin Cotter, 866-939-2555 President & Director

Copyright Business Wire 2010

SEC charges Alternate Energy with fraud
http://news.yahoo.com/s/ap/20101217/ap_on_bi_ge/us_nuclear_reactor_idaho



By TODD DVORAK, Associated Press Todd Dvorak, Associated Press – Thu Dec 16, 7:59 pm ET
BOISE, Idaho – The Securities and Exchange Commission charged an Idaho company on Thursday with fraudulently raising money from investors across the country and Asia to build a $10 billion nuclear power plant.

The SEC also asked a court to freeze the assets of Alternate Energy Holdings Inc. and its two top executives.

The federal financial regulators accusing the Eagle-based company of taking part in a scheme to enrich its chief executive at the expense of investors. Specifically, SEC investigators say AEHI manipulated its stock price, in part through a barrage of misleading public statements about the company and hiding the profits reported by CEO Donald Gillispie and a senior vice president Jennifer Ransom.

The SEC says it has records that Gillispie and Ransom secretly unloaded stock holdings and funneled the money back to Gillispie, enabling him this year to make six times the salary he reported to investors and spend lavishly on jewelry, cruises, a Maserati sports car and other items.

"In light of AEHI's ongoing efforts to raise funding while promoting itself through a daily deluge of press releases, we needed to take immediate action to get to the bottom of the company's misleading statements," said Marc Fagel, Director of the SEC regional office in San Francisco.

AEHI spokesman Dan Hamilton said the company's lawyers are reviewing the SEC complaint and declined to comment on the allegations.

Gillispie, 67, has been working for more than two years to raise money and nail down a location in southern Idaho to build a nuclear power plant.

Last week, the Payette County Planning and Zoning Commission recommended changing the zoning of a 5,000-acre tract from agricultural to industrial to accommodate the facility. That change still needs formal approval by the county board of commissioners.

Earlier this week, the SEC announced it had suspended trading of AEHI securities pending an investigation into the stock sales by executives.

The 17-page complaint filed Thursday in U.S. District Court in Boise accuses the company of raising millions of dollars from investors in Idaho, the nation and elsewhere with the help of misleading statements about viability of a company that "has no realistic possibility of building a multibillion dollar reactor." The SEC claims AEHI has tapped investors for at least $5 million so far this year.

SEC lawyers say the scheme had two components: promoters and press releases. When AEHI went public in 2006, Gillispie hired promoters to convince investors to snatch up restricted stock, then told promoters to enter sale orders at the end of certain trading days to drive up the value and volume to artificial levels, according to the complaint.

The complaint also targets a flurry of press releases alleged to contain false and misleading information. The complaint targets those claiming that no officer had sold stock.

But the SEC claims Ransom, 36, sold at least one million shares, then hid the sales from investors and the public and failed to file the proper SEC forms listing the sales. Gillispie is also accused of concealing sales of his shares and driving the profits into his own checkbook. Regulators claim AEHI reported to investors that Gillispie's 2010 compensation was $133,000, though agency officials claim his salary was actually six times that amount.

The SEC is also asking the judge to ban Gillispie from serving as an officer or head of any public company.


http://news.yahoo.com/s/ap/20101217/ap_on_bi_ge/us_nuclear_reactor_idaho

...

$0.00

Westbridge to Transition to IFRS Terminates Registration in USWestbridge Energy Corporation
WEB 5/26/2010 6:40:00 PMVANCOUVER, British Columbia, May 26, 2010 (BUSINESS WIRE) --
Westbridge Energy Corporation TSX-V: WEB (OTCBB:WEGYF)
http://www.stockhouse.com/News/CanadianReleasesDetail.aspx?n=7753360
Westbridge Energy Corporation ("Company"), as part of its efforts to transition to International Financial Reporting Standards ("IFRS") as required under Canadian policies, intents to voluntarily terminate the registration of its common shares (the "Termination") under the United States Securities Exchange Act of 1934 (the "1934 Act"). The Company intends to file a Form 15F with the United States Securities and Exchange Commission, and its reporting obligations under the 1934 Act, including Form 6-K and Form 20-F (which necessitates reconciliation to US Accounting Standards), will be suspended immediately upon filing. The Termination will become effective 90 days thereafter. Although the Company believes it has obtained substantial benefits through its SEC registration, the current economic environment has caused the Company to review all of its expenditures and the Company will focus its efforts on the changeover to IFRS.

The Company is current with all reporting requirements under the Securities Exchange Act of 1934 and is not currently listed on any U.S. exchange. The Company's common shares will continue to trade in Canada on the TSX Venture Exchange under the symbol "WEB".

The Company continues to review various opportunities to participate in oil & gas exploration and development projects.

ON BEHALF OF THE BOARD Mr. Martin Cotter, President & Director

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Westbridge Energy Corporation

Westbridge Energy Corporation Corporate Mr. Martin Cotter, 866-939-2555 President & Director

Copyright Business Wire 2010

Last Price (USD) $0.084

Last Price (USD) $0.091

They will be converted most likely. I do not own any shares. I have not owned shares for a long time now.

What will happen to our BB shares now that the company is only going to be traded on the Canadian Exchange?

$0.086

10Q and or call the SEC for specific information.

I've long ago given up hearing any news about this company although I am still a stock holder. However, I was wondering what kind of information about oil production must be reported and in what time frame. I own some shares in another company who completed a well in January of this year. They initially reported that preliminary results indicated that the well would produce over 200 barrels per day but, that due to very high gas pressure, they could not determine the final results until the gas was under control. Since that time they have not updated any information on this well or any information on a second well which was completed in February. I went to the Web Site of the Kansas State Oil and Gas Commission and found very complete monthly data for the entire year of 2009. However, I could find no information about any results for 2010. I believe companies are required to report production to the state on a monthly basis but I don't know how often this information is released by the state to the public. Yesterday I received a fancy four color brochure about the company dated March 2010 but it contained no information beyond the initial report released in January. If anyone knows where and how to obtain more up to date information I would appreciate hearing from you.

$0.137

$0.13

I have not owned a share of prrpf for many of years now. Unfortunately, someone(s) has their own personal agenda(s), before the retail shareholder interests.

I gave my 10,000 shares away Tuesday at 0.114. Good riddance; I was sick of seeing this garbage in my account.

Best to those of you who still hold this.

JP

$ 0.124

yesterday I decided to dump my 10,000 share of this worthless stock. The bid was listed at 0.1641 and 5,000 shares, the ask was around 0.19.

So, I put in a sell order for my 10,000 shares at 0.1641.

Immediately the bid dropped to 0.11 and the ask raised to 0.20.

Like this stock is not worthless enough on its own, now we have to factor in MM games?

Very disappointing investment on my part, but I have owned the stock for around 4 years, and now it appears I cannot even dump it.

JP

It is as active as it has ever been! Never really been a very active board

Is this board still active or does the new company have another board?

Westbridge Energy (USBB:WEGYF)

The IHUB chart has changed to Westbridge Energy (USBB:WEGYF) on this page.

For anyone holding PRRPF, the news posted on Yahoo for WEGYF.OB is actually for WEGY.OB. This is not the same company.

It might be that the American listing has been delisted from the American exchanges and diverted to the Canadian side. Just a guess. Whatever it is, it was not for the benefit of the existing shareholder(s).

I don't know what is going on. I tried twice to trade my PRRPF and got a reply that the trade could not be made.

did it not trade today as prrpf. I don't know how fast that new symbol would be put in play with the otc bb.

Apparently the new symbol for PRRRPF is WEGYF.

Sooner or later PRRPF must be addressed,

I found the Company name was changed, but the American side still shows PRRPF.

I found this comment on another board.


This is a public company that is being run like a private company. No information is given to shareholders. As an example, back in May of 2009 they voted to change the name of this company from Portrush Petroleum to Westbridge Energy and do a 1 for 10 reverse split. This information was never disclosed to the shareholders. We only found out this week when the actual name change took place and the stock symbol PSH disappeared and a new symbol WEB appeared. They originally had some activity in Michigan and no one knows what happened there, then they got involved in a partnership in Texas which has produced very little income, then they claim to have completed a successful well in Ontario but have never released any information about it, and later claimed that they were going to drill in Louisiana. For those of us who have been long time shareholders it has been a real nightmare. I can honestly say it is about the worst company I have ever heard of or been involved with. Apparently companies on this canadian exchange are not required to meet any type of reasonable business disclosures and the companies can do anything they like without ever informing their shareholders about their activities.

I did not find any other production on the Lenox 20 field, Michigan. So I assume and I mean I assume Portrush still has a percentage.

Has been no inspection listed since 10/01/09 for the #54463 and the #55390 in Michigan.

I do not know if Portrush still owns anything in Michigan. I do not find a report earlier than 10/01/2009.

Michigan report 431 barrels dated 10/01/09, Portrush, 22.55 working interest.

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Michigan report 456 barrels dated 09/01/09, Portrush, 22.55 working interest.
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Michigan report 426 barrels dated 08/01/09, Portrush, 22.55 working interest.

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Michigan report 455 barrels dated 07/01/09, 102 barrels are Portrush, 22.55 working interest.
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Michigan report 458 barrels dated 06/01/09, 103.5 barrels are Portrush, 22.55 working interest.
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Michigan report 498 barrels dated 05/01/09, 112 barrels are Portrush, 22.55 working interest.
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Michigan report 498 barrels dated 04/01/09, 112 barrels are Portrush, 22.55 working interest.
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Message In Reply To:
Michigan report 502 barrels dated 03/01/09, 112 barrels are Portrush, 22.55 working interest.
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Message In Reply To:
Michigan report 451 barrels dated 02/01/09, 101 barrels are Portrush, 22.55 working interest.

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Michigan report 485 barrels dated 01/01/09, 109 barrels are Portrush, 22.55 working interest.

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Michigan report 460 barrels dated 12/01/08, 103 barrels are Portrush, 22.55 working interest.

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Michigan report 521 barrels dated 11/01/08, 117 barrels are Portrush, 22.55 working interest.

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Michigan report 455 barrels dated 10/01/08, 102 barrels are Portrush, 22.55 working interest.

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Michigan report 608 barrels dated 09/01/08, 137 barrels are Portrush, 22.55 working interest.
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Message In Reply To:

Michigan report 551 barrels dated 08/01/08, 124 barrels are Portrush, 22.5% working interest.
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Michigan report 554 barrels dated 07/01/08, 125 barrels are Portrush, 22.5% working interest. DIRECT ENERGY MARKETING LTD is the operator.
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Message In Reply To:
Michigan report 578 barrels dated 06/01/08, 130 barrels are Portrush, 22.5% working interest.
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Message In Reply To:
Michigan report 722 barrels dated 04/01/08, 162.5 barrels are Portrush, 22.5% working interest. Oil sold for the 4/1/08 period though was 905 barrels. They must of been holding back in storage awaiting higher prices. So Portrush had revenue from 203.625 barrels times $140 = about $28,500 (estimate)

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Message In Reply To:
Michigan report 663 barrels dated 03/01/08, 150 barrels are Portrush, 22.5% working interest. month
The unit was inspected on 3/4/08. All is producing.
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Posted by: TechKim
In reply to: TechKim who wrote msg# 339 Date:4/15/2008 10:41:44 AM
Post #of 344

Michigan report 710 barrels dated 02/01/08, 160 barrels are Portrush, 22.5% working interest. month
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Message In Reply To:
Michigan report 647 barrels dated 01/01/08, 145 Barrels are portrush , 22.5% working interest.
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Message In Reply To:
Michigan report 643 barrels dated 12/01/07 (corrected)

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Message In Reply To:
Michigan report 643 barrels dated 12/01/07 (corrected date)
The Company has a 22.5% working interest in a prospect located in Michigan, U.S.A. per SEC filing. May 2007)

144.5 barrels oil are PRRPF's. 4.8 barrels a day PRRPF's

down about 147 barrels since last report.

recent inspection 10/9/07. The unit is in order.
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Message In Reply To:
Michigan report 790 barrels of oil produced 10/1/07
The Company has a 22.5% working interest in a prospect located in Michigan, U.S.A. per SEC filing. May 2007)

177.5 barrels of oil are Portrush's for the month. 5 to 6 barrels of oil a day.


Message In Reply To:
Michigan report 752 barrels of oil produced 9/1/07
The Company has a 22.5% working interest in a prospect located in Michigan, U.S.A. per SEC filing. May 2007)

169 barrels of oil are Portrush's for the month. 5 to 6 barrels of oil a day.

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Message In Reply To:
Michigan report 722 barrels of oil produced 8/1/07
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Message In Reply To:
Michigan produced 847 barrels of oil reporting 7/01/07.

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Message In Reply To:
Michigan produced 949 barrels of oil reporting 5/01/07. PRRPF has a 26% working interest. About 213 barrels go to PRRPF (7.1 barrels of oil a day/30 day total average).

(The Company has a 22.5% working interest in a prospect located in Michigan, U.S.A. per SEC filing. May 2007)

I think it use to be 26.5% working interest. It maybe that the company sold part of its working interest to another party.


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previous running posts below

955 barrels of oil, 4/1/07, Michigan report

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Previous post
919 Barrels of oil, 3/1/07 Michigan report
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Michigan production is downward again.
870 barrels of oil produced 02/01/2007
( This is getting alarming, to say the least)(
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previous posts below:

Michigan report, 944 barrels of oil produced 01/01/07.
Production in Michigan keeps slipping.

Michigan report, 1072 barrels of oil produced 12/01/06.
Nearly the same as 11/01/06 of 1112 barrels produced, and similiar to 10/1/06 -- 1137 barrels produced.

26% working interest PRRPF/PSH ( Michigan)

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previous post below:
Michigan produced 1112 barrels of oil reporting 11/01/06. PSH has a 26% working interest. About 290 barrels go to PSH (9.6 barrels of oil a day/30 day total average)
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PREVIOUS MICHIGAN POST

Portrush Michigan report 10/01/06 down 86% from its high 5/1/03!
Only produced 1137 barrels of oil. It is down 76 Barrels from 9/1/06. Portrush share is about 295 Barrels at 26% of the gross.
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5/1/03 --- 7741 Barrels
10/1/06 -- 1137
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6604 Production is down 6,604 Barrels, down 86%
Being that Portrush has a 26% working interest in the gross.
295 Barrels for Portrush 10/01/06

Very sloppy arrangement. Of course a symbol once known as TNSU which had some area association, also had it's bizzare issue's.

According to Stockhouse, someone traded 13,950 shares of PRRPR today. This was also reported on Yahoo.

If it is the same as Etrade you have to do the trade thru a broker. I do not think PRRPF exists any more. You now own shares of WEB.CA, which obviously is on the Canadian stock exchange. Probably will take a little time before you are even notified.

Not a good sign here, but then maybe the Canadians are more inclined to buy the stock.

JP

I think its because I really only have 3000 shares now. They still haven't reduced the number of shares for the 1 for 10 reverse split but they are showing the new price.

a no trade reply? I really do not know.

I bought PRRPF stock. My Ameritrade portfolio still shows my 30000 shares of PRRPF at a price of $0.12 but when I tried to sell it I got a no trade reply.