View Full Version : AMOR .80 AM Oil Resources and Tech Inc
YeOldStockTrader
01-28-2009, 10:25 PM
.80 keep an eye on this one for a pop. Chatter up big tonight on other sites
Patron
01-28-2009, 11:46 PM
Lots of chatter on this one indeed, like the technicals as well. Company putting some solid news over the last week, working on getting oil out of the ground in an- effective - envirormentaly friendly- and economical manner. Love to catch these before the market opens
jimbo stocks
01-29-2009, 01:36 AM
AMOR.OB....
AMOR..
AM Oil Resources & Technology Inc. mission is to become the premiere provider of environmentally friendly thermal extraction technologies for the oil field in both domestic and international markets. To provide solutions to the world with technology that will recover oil that would otherwise remain in the ground forever. By utilizing proper development, partnership and strategic alliances we will attain this common goal.
Vision Statement
Our vision is to continually develop environmentally friendly technologies that provide the world with the ability to produce crude oil to the surface more economically.
Overview
AM Oil Resources & Technology Inc. was formed for the express purpose of bringing forth a proven business opportunity that is more relevant now based upon historical high crude oil prices.
AM Oil Resources & Technology Inc. is poised to be on the verge of an exciting business opportunity. Management believes that its unique approach of applying its proprietary technologies to marginal wells, with known reserves, will earn the company a profitable niche in the petroleum industry producing "stripper" (marginal) wells in the United States, the Company is ideally positioned to ride the tide of rising global demand for oil by providing an environmentally safe and cost-effective method of maximizing oil production from existing wells.
Strategically marketing this technology positions the Company to benefit from the U.S. and world demand for oil, resulting in significant growth in both revenues and profits.
Patron
01-29-2009, 11:04 AM
.82s printing now, the 80s cleared out quick this am, she moves on air and I can see why by reading the recent news.
This company has got some major things brewing, very exciting indeed.
The commitment this company has to growing is evident, actively seeking out media air and print outlets to increase consumer awareness to their products designed to extract oil, economically and in an environmentally friendly manner. Building 3 portable steam generators capable of producing 6-18 million dollars in revenue annually, these generators enabling them to acquire a greater amount of oil from marginally producing “stripper wells”, as well as their plans to go forward with a mobile bio-diesel device, that can be transported in a standard truck trailers
Patron
01-29-2009, 04:19 PM
These .82's are going to be a distant memory very shortly imho. Boomath coming
Patron
01-29-2009, 05:53 PM
3 Trades took out the .82 right into close, set up very nicely for tomorrows open
Great Gazoo
01-29-2009, 06:24 PM
Watch this one tomorrow and into next week. BOOOOOM TIME COMETH. Don't say you didn't know folks. You have been told and told at the bottom. Easy money here gang.
Great Gazoo
01-29-2009, 07:29 PM
Just ran across this chart. Indicators confirming a nice move coming!!All together say HAMMER TIME!!!!!!!!!!
http://stockcharts.com/h-sc/ui?s=AMOR&am...amp;a=160046328 (http://stockcharts.com/h-sc/ui?s=AMOR&p=D&yr=0&mn=2&dy=0&id=p58357840327&a=160046328)
Patron
01-29-2009, 11:23 PM
IMHO, we see 1.00 here very shortly, excellent time to get some shares before it takes off.
jimbo stocks
01-29-2009, 11:32 PM
Man what a sweet chart. The CMF says it all 1.00+ here we come.
YeOldStockTrader
01-30-2009, 09:27 AM
I believe if one were looking at this stock, today would be best to get in
Patron
01-30-2009, 10:03 AM
Absolutely agree with you, this is heading to dollar land very soon. Better to get in early with ease than to chase it up
jimbo stocks
01-30-2009, 10:28 AM
Level II looking very nice this morning
YeOldStockTrader
01-30-2009, 11:00 AM
.85 very nice
Patron
01-30-2009, 11:03 AM
Not much time to get in under a dollar, this is moving on air!!!!!!
YeOldStockTrader
01-30-2009, 11:34 AM
88s now. Here comes 90
Patron
01-30-2009, 12:41 PM
All signs a go for boomath very shortly, get your tickets now folks don't say you weren't warned- enjoy
Patron
01-30-2009, 04:11 PM
Bid Building here don't be caught in the last minute frenzy to get this stock at these levels eod, nice and easy right now for the asking, imho we see 1.00 next week
Great Gazoo
01-30-2009, 11:13 PM
AMOR After hours news! Movin on up!
VALENCIA, Calif., Jan 30, 2009 (BUSINESS WIRE) -- AM Oil Resources & Technology Inc. (OTCBB: AMOR) announced today that it intends to build approximately 20 of its patented MT-06 Portable Steam Systems in 2009. As previously stated, each Portable Steam Systems used by the Company is capable of producing from $2-$6 million in annual revenues for AM Oil Resources & Technology. The Company's technology is a self-contained steam generator system with an innovative drumless boiler, generator set, pumps and water purification system capable of producing variable temperature steam (500 to 750 degrees Fahrenheit) at variable pressures (300 to 2500 psig) and steam qualities of 70 to 85%. The systems are trailer or skid mounted and designed to produce steam that is injected down the casing of oil wells to oil producing zones to recover oil previously unrecoverable without heat and pressure. Anthony K. Miller, CEO of AM Oil Resources and Technology, commented: "These systems are designed for Company usage as well as to market to customers worldwide for joint venture opportunities. We intend to build both 10 million BTU and 25 million BTU systems. These units are easily moved from well to well injecting steam into the wells from days to weeks depending on the oil formation. Based upon the domestic and international interest (Canada, S. America and Mexico) we are receiving, we are confident that we have sufficient interest to warrant 20 units as an attainable goal.
"According to the Energy Information Administration (EIA), which provides the official energy statistics from the U.S. Government, the U.S. consumed 20.68 million barrels of crude oil and petroleum products per day in 2007 and our daily production is just above 5 million barrels per day. The Country has over a trillion barrels in reserves and much of that oil is trapped in oil formations that can only be recovered with technology. To meet our daily demand, the U.S. gets the vast majority of its oil from foreign sources. Because of our weak economy, we borrow from China to pay for the oil we need, deepening our economic crisis and expanding our trade deficits. We believe that producing our own domestic oil is a better option for the country and we believe that our technology is a solution in that direction," further commented Miller.
About AM Oil Resources & Technology Inc.:
Our mission is to use, sell and produce our patent and patent pending technologies, providing environmentally safe and cost-effective apparatus designed to maximize oil production in oil fields, in both domestic and international markets. To provide solutions to the world with technology that will recover crude oil that would otherwise remain in the ground forever. By utilizing proper development, partnership and strategic alliances, we will attain this goal. Our website is: AM Oil Recovery Secondary Oil Recovery Portable Steam Generators Patented Technology Publicly Traded Stock (http://www.am-oil.com/)
"Safe Harbor" Statement under the Private Securities Litigation Reform Act: This release contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual financial or operating results of AM Oil Resources & Technology Inc and related companies (hereafter collectively referred to as "the Company," "we," "our" or "us") to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. The words or phrases "would be," "may allow," "intends to," "may likely," "are expected to," "may continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." Such statements include those concerning our expected financial performance, our corporate strategy and operational plans. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties, including: (a) intense competition in the oil and gas sector; (b) whether we are able to manage our planned growth efficiently, including whether our management will be able to identify, hire, train, retain, motivate, and manage required personnel or that management will be able to manage and exploit existing and potential market opportunities successfully; (c) whether we are able to generate sufficient revenues or obtain financing to sustain and grow our operations. Any agreements and event coverage should not be construed by any means whatsoever as having any impact on or a reflection of the Company's future stock price or future financial results.
SOURCE: AM Oil Resources & Technology Inc.
CONTACT:
AM Oil Resources & Technology Inc. Philip Morgan, 800-646-6570 info@am-oil.com
jimbo stocks
01-31-2009, 01:21 AM
Awesome news sure glad I held.
Great Gazoo
01-31-2009, 10:33 AM
Picked up a few more Friday when I noticed volume continuing to build. Just felt like something big was coming. Thought it would be at the beginning of the week though, so after hours news was a nice surprise! Indicators set up nicely for a move to that $1 range. Should be fun!
jimbo stocks
02-03-2009, 02:16 AM
AMOR hit .92 took my profits hope she goes to 1.00+
Patron
02-03-2009, 04:19 PM
Just in I see I got my sell filled at .94, love trading
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