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432
08-06-2009, 10:35 AM
This was posted by freni32 on another site:

Allright, I am going to show you what is REALLY going on with this company and provide proof right here.

Precision Petroleum Corporation (PPTO.OB) is Nitro Petroleum (NTRO.OB)


I am an investor with NTRO.OB for about 2 months now, after REALLY looking into the company I came across something that is a VERY EYE OPENER!

I started my investment with NTRO.OB there public release notes are great, they have redone alot of wells and are now tripling their projects, they have expanded their amount of wells...only have 3 employees...contract out alot of jobs so have very little overhead...so before you know it they will soon be posting a profit on their financial statement.

Well I went onto NTRO.OB website and there number is not the right one on there, after visiting a couple of other websites I was able to find a new number I haven't seen before, I called it and he told me no...but I know the number to the office, he let me have it. It's a girl secretary that answers the phone on there, half the time no one is even there to pick it up. Finally when I got a hold of her I let her know that the email address they have on company profile doesnt work so she directed me to the new email address....after contacting them for the last 2 months by email...I still havent received ONE response.

Well today I started digging out more information on this company, and it finally clicked to me. Look at the major owner holderships of this company:

Insider Trades - KIRBY JAMES - Yahoo! Finance (http://biz.yahoo.com/t/04/7832.html)

The name James Kirby sticked out to me....something isnt right...come to find out...he is the Director of Nitro Petroleum & the Chief Financial Officer of Precision Petroleum....wow that is weird....those are both two big positions to work at...how could he be doing both?


Well I started looking at the Public Release notes for both companies...take a look....both companies work the same wells side by side in Oklahoma....hmm...thats interesting James Kirby is a major owner of both companies but both companies work side by side competing against each other....sounds very fishy what is going on you would think?


Well I finally decided to call this morning to Nitro and it is very early and the secretary isnt there yet....guess who answers LARRY! The CEO of Nitro! WOw...what a shocker. I asked him that I am looking at a big investment with Precision Petroleum and he tells me I dont know anything about them, this is Nitro Petroleum. So just to hit him by surprise I said well do you have a number to them and he tells me no, but when I let him know I am looking at a possible merge with that company he suddenly tells me that he can take my name and number just in case he ever comes across that company...so I leave my information.

Ok so he doesnt even know who that company is but they work side by side in the same wells....also there company addresses show to be in different locations...so they must be two different companies!

About 2 minutes later I get a call from the same number I called from Nitro Petroleum but this time it is Richard the CEO of Precision Petroleum....how in the world...he said he didnt even have there number but now the CEO from that company is now calling me since I said that I wanted to possibly merge with his company! Wow! Come to find out after talking with him and asking him about my other phone call with the CEO of Nitro Petroleum it hit him by surprised when I asked why he was calling from the same phone number...."Oh...We are in the same building!" Wow...but on the company profile they have two reported different addresses! Something is up! So I told him I was busy and would give him a call back just to get out of that call.


Now I started doing some research on Precision Petroleum and found out it is a brand new company started this year in January! Thats when James Kirby the Chief Financial Officer moved over to that company full time!

In my opinion this is GREAT news for Nitro Petroleum as it trades from .02-.03 a share...where Precision trades for around .40 cents a share! Huge difference!

Both companies CEOs are working together, they are in the same building both companies now working together, now they will combine all their projects together with a merge which should make both companies stronger!


I say load up on NTRO.OB before this news is announced...why they havent announced this I am not sure because it will only make them stronger! You are welcome to do research like I did on here, look at it in close detail all you want, it all adds up! Can't believe we havent seen this before!

The correct phone number for Nitro Petroleum/Precision Petroleum is: 405-728-3800

Tick
08-06-2009, 12:42 PM
Greetings,

I just shake my head in disbelief at 90% of these penny stock offerings, as some show the most absurd inconsistencies with the bare minimum of research. Although this guy did do a fair deal above and beyond in terms of checking this 'company" out, he would have much better off doing it before investing in the stock, eh?

Regards,
Tick

432
08-06-2009, 03:47 PM
Greetings,

I just shake my head in disbelief at 90% of these penny stock offerings, as some show the most absurd inconsistencies with the bare minimum of research. Although this guy did do a fair deal above and beyond in terms of checking this 'company" out, he would have much better off doing it before investing in the stock, eh?

Regards,
Tick


Most of us who are holding NTRO and posting to various sites are well aware of the companies history and the projects they are engaged in.
freni32 posts more info about this company on the internet than anyone and has now come up with something fresh. I send him kudos.

432
08-10-2009, 02:03 PM
NTRO finally broke resistence today at .027 but if you ask me the real climb will begin when the financial news comes out next month and we're hearing rumours of even bigger news in November.

Again, I'm in this one for the long haul.

432
08-10-2009, 05:33 PM
OKLAHOMA CITY, OKLAHOMA--(Marketwire - 08/10/09) - Nitro Petroleum Incorporated (OTC.BB:NTRO (http://finance.yahoo.com/q;_ylt=AudecHm6ic0w2jfUrwXAqS6tcq9_;_ylu=X3oDMTB2c TBob2xyBHBvcwMxBHNlYwNuZXdzQXJ0U3RhcnQEc2xrA250cm8-?s=ntro.ob) - News (http://finance.yahoo.com/q/h;_ylt=Ah5JUnw1N.FrJQrfLJhkYKmtcq9_;_ylu=X3oDMTB2M WIxcnJxBHBvcwMyBHNlYwNuZXdzQXJ0U3RhcnQEc2xrA25ld3M-?s=ntro.ob)) is pleased to announce that it has received a Well Status Report from its engineering geologist related to Hoco Oil Project in Oklahoma. This project has several wells and Nitro Petroleum is the Operator on this entire project. The Report includes the following recommendations on the first three wells:
Related Quotes


SymbolPriceChangeNTRO.OB (http://finance.yahoo.com/q?s=NTRO.OB)0.0290+0.0050http://ichart.finance.yahoo.com/instrument/1.0/NTRO.OB/chart;range=1d/image;size=179x98 (http://finance.yahoo.com/q?s=NTRO.OB)



{"s" : "ntro.ob","k" : "c10,l10,p20,t10","o" : "","j" : ""}
Ward/McNeil Well:
This well produces oil and gas from the Viola Lime formation. The Company will pump 2500 gallons of acid and flush this well with 1000 barrels of fresh water. This should increase production by several barrels a day for a nominal cost.
Mason Burns Well:
This well produces from the Bromide Sand. This well will be cleaned out and treated and is open for approximately 100 feet. This well also has production potential from the Viola Limestone formation, which is behind pipe and is a proven pay zone in this area of Oklahoma. Nitro is planning a large frac to penetrate this pay zone.
Teresa Well:
This well produces oil from the Viola Lime Formation. The Company plans on performing a major clean up and an acid frac on this well.
Larry Wise, President of Nitro Petroleum stated, " After these work overs are completed, we expect that Nitro will experience a significant increase in production from this project. This program should also provide higher net revunue to the company especially in light of oil prices increasing over the last two months".
About Nitro Petroleum: Nitro Petroleum Incorporated is an independent, energy company engaged in the acquisition, exploitation and development of oil and natural gas properties in the United States and Canada. Nitro's objective is to seek out and develop opportunities in the oil and natural gas sectors that represent a low risk opportunity. As well, Nitro aims to define larger projects that can be developed with Joint Venture partners. More information about the company is available at www.nitropetroleuminc.com (http://us.lrd.yahoo.com/_ylt=AsD_N2GDp3sLAICVexa1VXStcq9_;_ylu=X3oDMTE2Zjg zMWwxBHBvcwMxBHNlYwNuZXdzQXJ0Qm9keQRzbGsDd3d3bml0c m9wZXRy/SIG=116omt6gi/**http%3A//www.nitropetroleuminc.com/).
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. We do not intend to, and undertake no duty to, update any such forward looking statements to reflect the impact of circumstances or events that arise after the date such forward looking statements were made.

432
08-10-2009, 11:46 PM
Todays video chart of NTRO

http://www.screencast.com/users/chuck44l/folders/Default/media/08adb74a-6f18-4ab5-b73a-1a398eddda6e

nickfat
08-11-2009, 11:25 AM
Up 39% already on high volume today.

Rat Fink
08-11-2009, 01:41 PM
Up 39% already on high volume today.


Nice news, is the play over URST did about the same spike

432
08-11-2009, 02:40 PM
We're expecting real news next month when the quarterlies come out.
Could be Nitro will show a big gain in revenue and be working in black ink for the first time.
Another rumour is a merger later in the Fall.

pennystock
08-20-2009, 04:52 PM
NTRO is a premire specialty company utilizing their extensive combined years of experience in the oil/gas industry. The company has found itself in a unique and lucuritve situation-extremly profitable. they are taking advantage of the current situation in low pressure well industry. Stock is going to have a super run tomorrow-Hearing and seeing this one everywhere...Also hearing possible news after the close today!!

pennystock
08-20-2009, 05:28 PM
<SPAN>
Nitro Petroleum Inc. Announces Re-Work of Mason Burns and Teresa Well in Oklahoma

OKLAHOMA CITY, OKLAHOMA, Aug 20, 2009 (Marketwire via COMTEX) -- Nitro Petroleum (OTCBB:

pennystock
08-21-2009, 04:52 PM
Haering rumors about possible news after the close today-strock traded well today good company good revenues-GL to all Happy Friday!!!!