nach kapitalerhöhung neue chance - 500 Beiträge pro Seite

[roback]

nachdem texhoma energy exakt auf den wert der ausgegebenen neuen aktien der ke heruntergeshortet wurde ist die erholung des kurses in vollem gange.
Innerhalb von 5 tagen von 1,25 us-cent, auf intraday heute über
7 us-cent!
aktuell bei 4 us-cent

1.kursziel 4 us-cent
2.kursziel 8 us-cent
3.kursziel 10 us-cent + x ncoh in 2007, meine Meinung

in frankfurt derzeit bei 1,5 cent

[kaktus7]

Antwort auf Beitrag Nr.: 30.081.961 von roback am 20.06.07 21:11:39

Du solltest den Beitrag in einem neuen Thread bei den Ölstocks reinstellen.
Und zwar so, Dass Jemand, der nach STICHWORT Texhoma sucht, ihn gleich angezeigt bekommt.

Ansonsten, danke für den Hinweis!

[OilDragon]

Hallo Leute,

hier ist etwas ganz interessantes von DRÜBEN !!

Zur Erklärung Texhoma ist eine Tochterfirma von Texaurus !!

Wenn Texhoma seine Rechte an Clovelly verliert, sind Texhoma sowie auch Texaurus so gut wie BANKROTT !!
Denn Texsaurus und somit auch Texhoma haben 8,5 Millionen Dollar SCHULDEN bei LAURUS MASTER FUND, LTD, welche in Jährlichen Raten a 10,25% der Gesamtsumme ab 29 November 2006 zu zahlen sind !!

Ich will nicht vorgreifen, den Rest könnt Ihr aus dem Berich weiter unten entnehmen !!



Clovelly, TXHE, Laurus Master Fund, and MXXR

For the record, I restate my assertion that MXXR's and TXHE Clovelly "deal" was solely for Bargaining Purposes. TXHE needs the revenue from Clovelly as much as MXXR

The 28-Feb-2007 10QSB/A discloses a signficant venture capital investment: "On March 28, 2006 (the "Closing"), Texaurus entered into a Securities Purchase Agreement ("Securities Purchase Agreement") with Laurus Master Fund, Ltd. ("Laurus"); a Registration Rights Agreement with Laurus ("Registration Rights Agreement"); issued Laurus a Common Stock Purchase Warrant (the "Texaurus Warrant"); entered into a Master Security Agreement with Laurus; sold Laurus a Secured Term Note in the amount of $8,500,000 (the "Note"), and entered into various other agreements described below. Additionally, in connection with the Closing, we issued Laurus a Common Stock Purchase Warrant (the "Texhoma Warrant")..." [2]


The 10QSB/A reports that TXHE used the proceeds of this deal with Laurus to buy an interest in the Edgerly field. "On March 28, 2006, with an effective date of January 1, 2006, Texaurus closed a Sales & Purchase Agreement to purchase certain interests in the Barnes Creek gas field and the Edgerly field from Kilrush Petroleum, Inc. Texaurus paid the $5,225,000 purchase price with proceeds received from its sale of the Secured Term Note with Laurus."


The Laurus investment came with strings attached. The 10QSB/A states that the Laurus investment took the form of a note - i.e. a loan. The 10QSB/A states: "In connection with the Securities Purchase Agreement, Laurus Master Fund, Ltd. ("Laurus"), purchased a $8,500,000 Secured Term Note from Texaurus, which bears interest at the rate of 10.25% per year (as of November 29, 2006), which is due and payable on March 27, 2009, and which principal is repayable by way of a production payments equal to 80% of the gross production revenue received by Texaurus in connection with the Intracoastal City Field, the Edgerly and the Barnes Creek Properties." [3]


It is an open question whether TXHE will be able to repay the Laurus note. The current revenue stream does not appear to be sufficient. According to the 10QSB/A:

"In connection with the Securities Purchase Agreement, Laurus Master Fund, Ltd. ("Laurus"), purchased a $8,500,000 Secured Term Note from Texaurus, which bears interest at the rate of 10.25% per year (as of November 29, 2006), which is due and payable on March 27, 2009, and which principal is repayable by way of a production payments equal to 80% of the gross production revenue received by Texaurus in connection with the Intracoastal City Field, the Edgerly and the Barnes Creek Properties."

"There can be no assurance that we will have sufficient funds to pay any principal or interest on the Note when due on March 27, 2009, if such repayment amount is not sufficiently covered by the payment of production proceeds to Laurus, as described above. If we do not have sufficient funds to pay the total remaining amount of the Note (after taking into account payments of principal, which we may not have sufficient funds to pay) when due, we will be in default and Laurus may take control of substantially all of our assets (as described in more detail under "Risks Relating to the Company's Securities"). As a result, we will need to raise or otherwise generate approximately $8,500,000 to repay the Note (not including any adjustments for payment of principal in connection with production payments paid by Texaurus) by March 27, 2009. If we fail to raise this money, we could be forced to abandon or curtail our business operations."


In connection with this investment by Laurus, it appears that Jacobs put more of his own money into the company. "Frank Jacobs, our Executive Chairman and one of our Directors, and the President, Chief Executive Officer and a Director of Texaurus provided $300,000 of personal funding to Texaurus in connection with the funding, by way of a subscription for 7,500,000 shares of our common stock at $0.04 per share."[4] The fact that an insider is apparently putting more of his own hard cash into the company could suggest confidence that management does have a realistic hope of turning this company around.


The currently claimed revenue stream is about $2.88MM per year. 80% of that belongs to Laurus or about $2.3MM per year. (Note that this leaves only about $500K in cashflow to be retained by the company.) The Laurus note is due in March 2009. Two years of revenue off the existing production will only cover about half of the debt to Laurus. Presumably the insiders at TXHE are not stupid. Presumably the folks at Laurus aren't stupid either. The insiders have stuck with this company for quite some time even in the face of no revenue at all until now. They must have some plan for covering the other $4MM.



MfG
OilDragon

[roback]

Antwort auf Beitrag Nr.: 30.305.606 von OilDragon am 25.06.07 13:47:47

bin nicht geschult im wirtschaftsenglisch, bin aber bisher immer davon ausgegangen, dass texaurus eine 100% tochter von texhoma ist;
zum risikokapital von laurus:
laurus setzt wohl vertrauen in texhoma und das bedingt, meine ich, den kursanstieg, denn falls texhoma bis 27.märz 2009 nicht zahlen kann, dann bedeutet dies ebenso einen totalverlust für laurus, ebenso schießt frank jacobs privat 300.000$ in die kasse, das bedeutet, die fantasie wird bedient, und das auf 20 monate.
ich bleibe dabei, 4, 8, 10 cent..

[roback]

Antwort auf Beitrag Nr.: 30.304.808 von kaktus7 am 25.06.07 12:54:54

danke für den hinweis, hatte nicht hinreichend überlegt..

[OilDragon]

Antwort auf Beitrag Nr.: 30.305.606 von OilDragon am 25.06.07 13:47:47

Form 8-K for MATRIXX RESOURCE HOLDINGS, INC.


--------------------------------------------------------------------------------

28-Jun-2007

Other Events



Item 8.01 Other Events.
A. Manvel Agreement

On August 28, 2006, the Registrant, a Delaware corporation ("Matrixx" or the "Company"), reached an agreement with Texhoma Energy, Inc. ("Texhoma") for the acquisition of a majority working interest in two wells located in Brazoria County, Texas (the "Manvel Agreement"). Pursuant to the terms of the Manvel Agreement, the Company was to receive a 55% working interest in the Manvel 2,000 ft. Miocene Exploration prospect for $20,000 and a 55% working interest in the Manvel 4,500 ft. Oakville Development well for $40,000.

Payment was made and closing of the Manvel transaction occurred November 2006. Subsequently, the Company conveyed a 10% working interest in the Manvel wells back to Texhoma as partial payment for a 10% participation in the Sandy Point Prospect. Currently, the Company has yet to receive the operating agreement, assignment, or any additional documentation pertaining to such agreement. Matrixx has been seeking remedy to this transaction.



--------------------------------------------------------------------------------

B. Clovelly Agreement

On May 21, 2007, the Registrant reached an agreement in principal with Texhoma for the acquisition of an eleven percent interest in the Clovelly Prospect. At the request of Texhoma the terms and conditions of the "Agreement" were to be treated as confidential, and were to be released subsequent to prior written approval, except as may be required by law. Payment by Matrixx to Texhoma on this transaction has yet to occur.

C. Manvel and Clovelly Agreements

Currently, both parties are working diligently to address the aforementioned transactions. The Company's position is to concurrently resolve both the Manvel and Clovelly agreements with Texhoma on a mutual basis.

Item 9.01 Exhibits.

10.4 Acquisition and Participation Agreement between Company and Texhoma Energy, Inc., dated August 28, 2006.

10.5 Letter Agreement between Company and Texhoma Energy, Inc. dated May 15, 2007

http://biz.yahoo.com/e/070628/mxxr.ob8-k.html

[OilDragon]

Hallo Leute,

etwas von DRÜBEN !!


Why make a payment if TXHE stole the money on manveil. If someone took your money and then asked you for more would you send it?

Kudos for not being hoodwinked twice. Maybe that is why txhe management all resigned.


Texhoma took the money but didnt cough up the asset. That sounds like fraud on texhomas part. This is why I see texhoma management change.

Manvel Agreement

On August 28, 2006, the Registrant, a Delaware corporation (“Matrixx” or the “Company”), reached an agreement with Texhoma Energy, Inc. (“Texhoma”) for the acquisition of a majority working interest in two wells located in Brazoria County, Texas (the “Manvel Agreement”). Pursuant to the terms of the Manvel Agreement, the Company was to receive a 55% working interest in the Manvel 2,000 ft. Miocene Exploration prospect for $20,000 and a 55% working interest in the Manvel 4,500 ft. Oakville Development well for $40,000.

Payment was made and closing of the Manvel transaction occurred November 2006. Subsequently, the Company conveyed a 10% working interest in the Manvel wells back to Texhoma as partial payment for a 10% participation in the Sandy Point Prospect. Currently, the Company has yet to receive the operating agreement, assignment, or any additional documentation pertaining to such agreement. Matrixx has been seeking remedy to this transaction.



MfG
OilDragon

[OilDragon]

Hallo Leute,


hier ist etwas von DRÜBEN !!


Die Leitung von TXHE alles Lügner ??


Fliegt schon bald der ganze Schwindel auf ??


xxxxxxxxxxx,



We have been trying to resolve this Manvel matter with them the last few months. As you know, we sent them $60,000 in cash and they seem to can’t get their act together. Now new management at Texhoma seems to can’t find the information pertaining to it, even after we continue to send them all the papers. There is a $100,000 lien on Texhoma’s Clovelly interest. So until they return our $60,000 for Manvel, and pay the lien so the property can be transferred, we are not confident that $25,000 sent to them today will do anything but go into a black hole. We have offered to pay the lien directly to the lien holder, but Texhoma has declined that, which to us doesn’t sound as if they are acting on good faith. To be fair, I really think the new Texhoma management team has a lot of loose ends to fix and this is one of them. The seem sincere in their efforts to resolve it, but again until then, it doesn’t seem fair to send more cash when they cannot at this time account for our past cash sent to them.



xxxxxxxxxx


Das wird ein Fest !!



MfG
OilDragon

[OilDragon]

Antwort auf Beitrag Nr.: 30.379.560 von OilDragon am 28.06.07 23:17:52

Hallo Leute,

ja es ist Vorfreude, aber keine Lust am möglichen Schaden anderer !!

Es ist, weil TXHE in seinem 8-K/A Bericht den mit MXXR geschlossenen Vertrag an den 11% von Clovelly mit der Begründung der nicht geleisteten Zahlung von 25.000 auflöst !!

Man überlege sich diese Dreistigkeit von TXHE, Sie haben bei MXXR noch 60.000 Schulden und lösen einen Vertrag mit MXXR wegen nicht geleisteter Zahlung von 25.000 auf !!

Bei solch einem Firmen Management kann einem Angst und Bange werden, hoffendlich vergessen Sie nich, dass Sie eine Aktiengesellschaft sind und die Aktionäre am Gewinn beteiligt sind !!

Ich habe sofort nachdem ich davon erfuhr das Management von TXHE um eine Stellungnahme gebeten, als ich nach der 14 Anfrage immer noch keine Antwort hatte, habe ich meine 5 Millionen Anteile verkauft !!


MfG
Oildragon