JamesLH
12 months ago
This company is run by a known scammer and fraudster, Daniel "Bo" Ritz Jr. This man was previously sued for fraud, as shown in previous posts, and lost the case. In addition, he was sanctioned by FNRA and banned from the securities business in 2015, and never re-instated partyly due to the fact he had no money and declared Chapter 7 bankrupcy. With a clown like this running this company, you know it's going to zero.
AskMuncher
3 years ago
$RKOS Arkose Signs Business Development Agreement with Native American Capital
Press Release | 09/02/2021
KATY, TX / ACCESSWIRE / September 2, 2021 / Arkose Energy Corp. attended the Reservation Economic Summit for The National Center for American Indian Enterprise Development on July 19-21, 2021. The National Center for American Indian Enterprise Development ("NCAIED") is moving forward with resiliency and reinvention for Native American enterprises. The event features tribal leaders, members of Congress, federal agency representatives, state and local officials and top CEO's on a national platform. Arkose is committed to assisting in the development of transitional use of energy and working with tribes to find economic benefit in responsible ways to develop energy assets.
Arkose entered into a Business Development Agreement to pursue its objective with Native American Capital, LLC ("NAC"), a Native American-owned consultancy located in the Washington DC Metro Area. NAC serves a wide range of Native American Country clients - tribes, Native American-owned businesses, businesses seeking partnerships with tribes, and investors seeking to capitalize Native American-owned enterprises. NAC specializes in enterprise-level financing that brings the full range of financing strategies and structures into a bundle of services called the ‘Tribal Finance Toolkit.' This toolkit highlights the special financing opportunities available to Native American tribes as they exercise their sovereign nation status. NAC is led by a management team with career experience in equity and debt finance, structured financing, government, business, and strategic consulting, and business/economic development.
Dr. Gavin Clarkson, NAC Managing Director explains, "This agreement is very timely. Many energy-based revenue streams are moving away from fossil-based electricity production and need to be replaced. In addition, tribes are very interested in responsible ways to manage fossil fuel assets. So, the unique approaches that Arkose brings to the table can help achieve multiple goals, particularly capturing otherwise flared natural gas on tribal lands and converting it into digital assets. Similar possibilities exist for other tribal energy resources. We are very excited to be working with Arkose on this development."
Bo Ritz, President of Arkose Energy Corp., states further that the company has good possibilities with several tribes for potential collaboration. "Tribal nations are well-suited partners for our interests as a company. The philosophy that we use energy in-place with as little environmental impact as possible is an important point of the Arkose business plan. Energy must be produced. As production managers, we must be profitable and at the same time responsible and efficient."
About Arkose Energy, Corp.
Arkose Energy Corp. has historically specialized in the production of oil and gas, with the acquisition and development of oil and gas properties primarily in the southern United States. Arkose now focuses on the intersection between energy production and cryptocurrency mining. The company is based in Katy, Texas.
Forward Looking Statements
The information provided in this press release may include forward-looking statements within the meaning of the federal securities laws, including statements regarding the company's ability to monetize energy production for mining and to outperform other participants in the mining space. This information, therefore, is subject to certain risks and uncertainties. There can be no assurance that the actual results, business conditions, business developments, losses and contingencies and local and foreign factors will not differ materially from those suggested in the forward-looking statements as a result of various factors, including market conditions, competition, advances in technology and other factors. Words such as "expects", "believes", "hopes" and similar terminology are meant to identify forward-looking statements. The forward-looking statements contained in this press release are based on the company's current expectations and assumptions that may not be correct. Readers of this press release should not place undue reliance on these forward-looking statements, which reflect the expectations of the company as of the date of this press release. The company has not assumed an obligation to correct or update any forward-looking statements contained in this press release, other than as required under applicable securities laws.
CONTACT:
1773 Westborough Dr.
Katy, TX Suite 600 77449
info@arkoseenergy.com
Lazarus
6 years ago
Perhaps mentioned here / perhaps not.
Listed name of president on OTC website is Daniel Lee Ritz Jr
If you read the article here the you know that:
TUESDAY, MARCH 3, 2015
The investor rights attorneys at Chapman Albin, LLC are currently investigating claims on behalf of investors who invested with former Institutional Capital Management, Inc. stockbroker Daniel Lee Ritz Jr. a/k/a Bo Ritz Jr. (CRD# 1977521) of Katy, Texas.
Daniel Ritz Jr. recently entered into a Letter of Acceptance, Waiver and Consent with the Financial Industry Regulatory Authority (FINRA) Department of Enforcement to resolve allegations FINRA made against him regarding violations of securities industry rules.
Daniel Lee Ritz Jr. consented, without admitting or denying the allegations made against him by FINRA, to an 18 month suspension from associating with any FINRA member firm in any capacity and ordered to requalify by examination for the Series 24 license before again acting as a principal in any capacity in resolution of FINRA Disciplinary Proceeding No. 2012030725801.
18 months is past. Stock has reverse split.
WHAT NEXT?
(proceed with caution - but do proceed :)
DaReal
7 years ago
New Sole Officer: DANIEL L RITZ JR. aka "Bo Ritz" filed with the NVSOS
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=t0pyctOppyCXRcHe2dka5Q%253d%253d&nt7=0
hmmm Daniel Lee Ritz Jr:
For five years, Husky International Electronics, Inc., sold electronic components to one of its customers, Chrysalis Manufacturing Corp., and the latter racked up an unpaid bill of $164,000 to Husky. But instead of paying Husky the money it was owed, Chrysalis instead transferred nearly $300,000 in assets to various companies which just happened to also be owned in full or in some part by Daniel Lee Ritz, Jr., who was a Chrysalis director and shareholder.
Husky then sued Ritz personally, alleging that the moving of money by Chrysalis to these other companies constituted fraudulent transfers and that, under Texas Law, Ritz could be held personally liable for Chrysalis' actions as a Chrysalis shareholder.
Attempting to discharge this claim, Ritz filed for Chapter 7 bankruptcy. But Husky did not give up so easily, and thus filed an adversary action in Ritz's bankruptcy to hold him personally liable for the Chrysalis debt. Husky alleged in that adversary action that Ritz's actions constituted "actual fraud" under the aforementioned 11 U.S.C. sec. 523(a)(2)(A), such that Ritz could not discharge his liability to Husky for the Chrysalis debt.
The U.S. District Court held that Ritz was liable to Husky for Chrysalis' debt under Texas law. However, the District Court also held that the debt was dischargeable under sec. 523(a)(2)(A) because Chrysalis' transfers were not "actual fraud" under that section, even if they amounted to fraudulent transfers.
https://www.forbes.com/sites/jayadkisson/2016/05/21/actual-fraud-includes-fraudulent-transfers-in-bankruptcy-says-sotomayor/#db257746fced
Let's see what this Dude is planning with this Co shell
GL
NYC Trader
9 years ago
Nice SS
Market Value: $438,652 a/o Aug 21, 2015
Shares Outstanding: 22,495,000 a/o Feb 03, 2015
Float: 10,000,000 a/o Mar 25, 2015
Authorized Shares: 180,000,000 a/o Feb 03, 2015
Par Value: Not Available
budfoxfun
9 years ago
Nice share structure here:
Share Structure
Market Value1 $438,652 a/o Aug 21, 2015
Authorized Shares 180,000,000 a/o Feb 03, 2015
Outstanding Shares 22,495,000 a/o Feb 03, 2015
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float 10,000,000 a/o Mar 25, 2015
Par Value Not Available
Transfer Agent(s)
Pacific Stock Transfer Co.
Shareholders
Shareholders of Record 231 a/o Feb 03, 2015
Security Notes
Capital Change=shs decreased by 1 for 250 split. Ex-date=06/20/2014.
Short Selling Data
Short Interest 4 (0%)
Jul 31, 2015
RKOS