[ Editorials - Special Report - Industry Commentary - Tony Velocci - Sneak Preview
Update Briefs - Important Strategies - Dow 30 Market Timing - Ken Coleman ]


On 12/23/99, RDOX announced it established partnership agreements to manufacture its patented high energy density batteries with two strong manufacturers. CEO Szymanski says: "We have joined some of our advanced technology peers in establishing manufacturing operations in Penang's (Malaysia) Silicon Island. Intel, Motorola, Hewlett Packard, Dell, Xircom, & Applied Magnetic Devices have located manufacturing operations there. We joined them to take advantage of the skilled workers, engineers, technicians, & ISO 9002 certified facilities afforded.

"The two facilities we established partnerships with are NCE & Ling Dynamic. Both are MS ISO 9002 certified & SPC ISO 5S organizations. Their emphasis on quality, timely delivery, & cost competitiveness will allow ReDox to rapidly transition from an R&D company to a multinational corporation in the niche markets in which our competitive advantages will be difficult to emulate."

If this technology works as well as it looks to me, it's my opinion that this situation will be a long-term winner about as good as Microsoft or Intel was. Keep tuned, because there is more news coming. RDOX is trading at 11/32 as I write this (12/28/99). Call CEO Richard A. Szymanski @ 281-445-0020, fax 281-445-0022, or write 340 North Sam Houston Pkwy., Suite 250, Houston, TX 77060. www.internetstockmarket.com/redox [R-6; M-8; L-9]

Tidelands Oil & Gas Corporation

A joint venture with Hudson SVD, LLC, a wholly owned subsidiary of Falco Energy Services, (FALCO) & CLECO Energy, LLC, created Rio Bravo, which operates a gas processing plant. Sonora pipeline LLC operates a gas pipeline which feeds the gas processing plant. This joint venture creates a excellent revenue stream for Tidelands.

These revenues are supported by long-term contracts giving the company a secured revenue stream & solidifying its existence & ability to expand. This venture calls for FALCO & CLECO to provide all the funds necessary to test, repair, manage, & operate the gas processing plant & pipeline.

CONOCO owns/controls the northern approximately 20,000 acres of a productive area overlying the San Miguel field, & TIDE owns/controls the southern 29,800 acres of the same field.

All of the gas produced by CONOCO's 3,000 gas wells is transported by the Sonora pipeline & processed by the Rio Bravo Energy LLC processing plant. Keep in mind that TIDE owns 50% of each of those potentially very profitable operations. On 12/20/99, TIDE announced that Rio Bravo entered into a natural gas processing agreement with Merit Energy. All the natural gas produced by Merit from its Pena Creek property is being processed by Rio Bravo beginning 12/6/99.

When the price of oil & gas hit bottom a few years ago, TIDE shut down many of its wells. Now that the price is back in an economically feasible range, TIDE is beginning to reopen those wells. That, plus the fortunate move into the pipeline & gas processing plant makes this situation a turnaround.

Market

TIDE's Texas holdings of oil properties include 3,600 acres in Maverick County with an option on 20,000 additional acres for future development. The estimate of recoverable oil is as high as 100,000,000 barrels; enough to last another 50 years.

A unique aspect of the situation is that the wells adjoin Continental Oil Co. (CONOCO) leases. CONOCO is a major oil & gas company. To date, the CONOCO leases have produced in excess of 37 million barrels of oil & 20 billion cubic feet of gas. TIDE's natural gas properties include 2,800 acres with additional options for 27,000 acres. The total recoverable gas reserves underlying all the acreage is estimated to be in the range of 17 billion cubic feet.

On 12/8/99, TIDE announced it signed a contract with Genesis Oil & Gas Co. to develop 160 wells. Estimated income from the project when fully developed should be $810,000 per month, after landowner royalty.

In the contract, Genesis will fund the development of TIDE's reserves, including lease bonus money on option acreage. Genesis is committed to drill two wells per month for the first six months & four wells per month thereafter until the acreage block is developed for a total of 160 wells in a four-year period.

TIDE will receive 25% interest before pay out & an additional 15% after pay out, totaling a 40% interest. The total four-year commitment by Genesis is $2.5 million per year. The total drilling commitment is $10 million resulting in 160 wells.

...continued on next page, click here

 

 

 


Disclaimer: The public companies featured in the Corporate Profiles listed in the "Special Situation" section on the Home Page of www.WallStreetCorner.com are our regular clients. Each such client pays an annual cash fee of $12,000, or alternatively, a monthly cash fee of $495 plus a negotiated number of Form 144 restricted shares for our service. We on rare occasions accept free-trading shares, but we usually hold such shares for the long pull - we do not engage in trading. Such fees are disclosed as part of the Corporate Profile prepared and posted on the particular company involved. The basic coverage provided to such clients primarily includes the preparation of their Corporate Profile, posting it here at WallStreetCorner.com, and the distribution of email alerts to our international database of investors and financial professionals when their Profile is initially posted, and each time their Profile is subsequently updated. We expect our clients to work with us in a team effort by calling us each time they have achieved a significant milestone. We then update their Profile and issue an additional email alert to our totally opt-in email database (as of July 2008, members of that database are from over 96 countries). The email distributions we make are a key element of our service -- those, as well as the updated Corporate Profile are what together are designed to achieve a gradual buildup of new shareholders who generally hold for the long term. If you are an officer at a public company and want the exposure afforded at WallStreetCorner.com, email Larry at up415@aol.com or call him at 843-645-2729. Information displayed by WallStreetCorner in its Corporate Profiles, and in its editorial or other columns, does not constitute an offer to buy, sell, or trade a security of any kind, including stock. Larry Oakley, and/or WallStreetCorner.com, Inc., does not recommend that any person, institution, or other entity make any decisions or form any opinions, etc. based on the information on this site. All visitors to this site are urged to do two things before investing in any stock: (1) Call the company and ask questions -- if there is anything you do not like regarding such call, pass -- our goal is to bring you a selection of what we feel are growth situations with good long-term appreciation potential, but you must accept the responsibility of making your own decisions regarding which situations to invest in -- do not give up that responsibility; and (2) Consult a qualified financial professional before taking any actions in regards to buying, selling, or trading securities (stocks or other forms of equity). Companies covered in Conservative Speculator, a newsletter accessed from WallStreetCorner, or in any of Larry Oakley's other editorial venues ("Opinion," "Stock Pick," "Comment," and "Bold Ventures" columns, and in any other editorial venue to which Larry contributes) do not pay for such editorial coverage; the companies Larry covers editorially have never, do not now, and never will be charged for editorial coverage. The only paid portions of WallStreetCorner.com are the Profiles and email distributions (email distributions are a part of the client's package, but occasionally are paid for separately by non-clients - if a non-client wants to utilize our email distributions, the cost is $2,000 for the first distribution, $1,500 for the second, $1,000 for the third, and $500 for all subsequent distributions made for the same company). On occasion, Larry Oakley shares his opinion regarding a private company or its product or service. Bear in mind that nothing at that special section is an investment possibility. To see that section, click where on the home page it says: "Click here to access our Special Emerging Growth Situations." See the introductory portion of that special section for additional information regarding the material covered there.


WallStreetCorner.com
WallStreetCorner.com, Inc.