[GCHR]: Promoter jmhollen spams securities offering solicitation on the Internet
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http://www.siliconinvestor.com/readmsg.aspx?msgid=22374634
From: jmhollen
4/20/2006 1:19:06 PM
Read Replies (1) of 131
eMail from the HQ......................
Dear Shareholders,
It has been awhile since my last report, so I thought I would write a "state of the company" message. I will begin with what has occurred since the end of last year with the "pledge drive" we did with Diane Birt and several of our top stockholders. In that drive we raised $64,000. Although it was short of our goal of $100,000, I believe you will agree that we accomplished a lot and started the year off with a bang, as I thought we would.
We managed to get 2 more wells on line and producing (a total of 4 on the Lindley Lease). Most of you have seen the pictures of our work there. When we started this endeavor, we had hoped we could use the existing equipment on the wells (tubing, etc.) but we have had to replace the tubing on all the wells therefore spending a few dollars more than anticipated. But with that said, the wells are working and we sold our second tank of oil in March. It would appear that these wells will do the total projected 2-5 bbls per day, but we still need another 45 to 60 days of production to properly analyze this.
While the work on these wells was going on, we made the decision to spread our funds out in other areas to help the company. We employed a firm to help us get the word out about the stock and with that came a web site. I hope all of you have seen it, since many of you requested that we get one. I believe it was an important step. Now everyone has a place to go to see what is happening with the company. All information will now flow through www.gchr.net .
We completed the year-end 10K filing after the audit was finished. The December 31, 2005 10Q filing will be done as soon as the audit is completed, which is expected any day. If you have any questions as to where the money is going, you can see it in the December 10Q and the last of it in the March 10Q.
We now have a sponsoring broker. They are Legacy Trading out of Oklahoma City. Barron Moore will continue to service the retail side of the stock. Legacy is helping us with the paperwork necessary to become "piggyback qualified" or on the Bulletin Board.As people in the know tell us, this step will help us move forward and affect the price of the stock.
With a combination of what we have accomplished and news releases the stock quickly jumped to .05 per share. Over the last few weeks it has settled in at .015 to .025. Considering it started at .0004 and has weathered some sell offs, I believe we are doing pretty well. Daily volume and activity have been very good.
From the calls and emails we've been getting, most of you believe in what we are doing and approve of what has happened so far this year. We would like to continue on that path. Things are in place where we could see a dramatic change in the stock price over the next several months. So for a limited period we are making a one-time offering to our shareholders of restricted shares for a special price below current market value with a $2,000 minimum investment. With these funds we could get more wells on line and start the repressurization process on the Ownbey. If you are interested in this one time opportunity please call or email John Stafford or myself and we will be glad to go over the details with you.
Also we have started funding the first drilling project for Golden Chief on our Northeast Kansas property. Several of you have expressed interest in investing directly at the wellhead. For those of you who are interested, the advantages are threefold:
1. The potential revenue generated from the oil well.
2. The tax benefits associated with an oil and gas investment (intangible drillingcosts, oil depletion allowance, etc.).
3. Any production recovered should help the price of Golden Chief Resources Stock.
If you are interested in this program, let us know and we will be happy to discuss it with you.
Well people, we are almost where we all want to be, mainly because of the shareholders who supported in the pledge drive. We greatly appreciate your support and if you have any questions please contact us by phone (972) 219-8585 or email goldenchiefresources@comcast.net .
Sincerely,
Hugh Fowler
Golden Chief Resources
_____________________________________________
.
http://www.siliconinvestor.com/readmsg.aspx?msgid=22374634
From: jmhollen
4/20/2006 1:19:06 PM
Read Replies (1) of 131
eMail from the HQ......................
Dear Shareholders,
It has been awhile since my last report, so I thought I would write a "state of the company" message. I will begin with what has occurred since the end of last year with the "pledge drive" we did with Diane Birt and several of our top stockholders. In that drive we raised $64,000. Although it was short of our goal of $100,000, I believe you will agree that we accomplished a lot and started the year off with a bang, as I thought we would.
We managed to get 2 more wells on line and producing (a total of 4 on the Lindley Lease). Most of you have seen the pictures of our work there. When we started this endeavor, we had hoped we could use the existing equipment on the wells (tubing, etc.) but we have had to replace the tubing on all the wells therefore spending a few dollars more than anticipated. But with that said, the wells are working and we sold our second tank of oil in March. It would appear that these wells will do the total projected 2-5 bbls per day, but we still need another 45 to 60 days of production to properly analyze this.
While the work on these wells was going on, we made the decision to spread our funds out in other areas to help the company. We employed a firm to help us get the word out about the stock and with that came a web site. I hope all of you have seen it, since many of you requested that we get one. I believe it was an important step. Now everyone has a place to go to see what is happening with the company. All information will now flow through www.gchr.net .
We completed the year-end 10K filing after the audit was finished. The December 31, 2005 10Q filing will be done as soon as the audit is completed, which is expected any day. If you have any questions as to where the money is going, you can see it in the December 10Q and the last of it in the March 10Q.
We now have a sponsoring broker. They are Legacy Trading out of Oklahoma City. Barron Moore will continue to service the retail side of the stock. Legacy is helping us with the paperwork necessary to become "piggyback qualified" or on the Bulletin Board.As people in the know tell us, this step will help us move forward and affect the price of the stock.
With a combination of what we have accomplished and news releases the stock quickly jumped to .05 per share. Over the last few weeks it has settled in at .015 to .025. Considering it started at .0004 and has weathered some sell offs, I believe we are doing pretty well. Daily volume and activity have been very good.
From the calls and emails we've been getting, most of you believe in what we are doing and approve of what has happened so far this year. We would like to continue on that path. Things are in place where we could see a dramatic change in the stock price over the next several months. So for a limited period we are making a one-time offering to our shareholders of restricted shares for a special price below current market value with a $2,000 minimum investment. With these funds we could get more wells on line and start the repressurization process on the Ownbey. If you are interested in this one time opportunity please call or email John Stafford or myself and we will be glad to go over the details with you.
Also we have started funding the first drilling project for Golden Chief on our Northeast Kansas property. Several of you have expressed interest in investing directly at the wellhead. For those of you who are interested, the advantages are threefold:
1. The potential revenue generated from the oil well.
2. The tax benefits associated with an oil and gas investment (intangible drillingcosts, oil depletion allowance, etc.).
3. Any production recovered should help the price of Golden Chief Resources Stock.
If you are interested in this program, let us know and we will be happy to discuss it with you.
Well people, we are almost where we all want to be, mainly because of the shareholders who supported in the pledge drive. We greatly appreciate your support and if you have any questions please contact us by phone (972) 219-8585 or email goldenchiefresources@comcast.net .
Sincerely,
Hugh Fowler
Golden Chief Resources
_____________________________________________
posted by the_worm06 | 4/21/2006 09:45:00 AM
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