Terax Energy INC. DL-,001 A0MKCY

mal sehen was heute so kommt. ev. gehe ich mal schnell raus um ein wenig kohle zu machen ;-)))  

Schönes WE vorab

Broadi steigt gerade ordentich  

Habe euch nicht vergessen, hänge nur zur Zeit im Broadi-Thread ab. Schaue aber öfters hier bei euch vorbei.

Bis gleich, jaaaa und Broadi steigt etwas. Mal sehen was heute noch so kommt.

Ich warte ja schon seit Februar, also Geduld zahlt sich hoffentlich mal aus ;-)

Harald  

Hatte gerade Besuch von Dirk! Viel Zeit hat er nicht gehabt aber ist ´n dufter Typ! Das Kamel ist auch da ;-))) Ich mach mal ´n Foto und stells hier rein...

@Hirschmann: Harry, - für jedes Broadi-prozent ein Alt ;-) Weißt du Bescheid!!!

Aus Terax bin ich erst mal raus. Ich halte ein Auge drauf. Mal schauen wie weit es noch runter geht bis die endlich den Symbolchange verkünden. dann geh ich evt. noch mal mit ´n bischen Spielgeld dran. Auf lange Sicht immer noch interessant.

Gruß

Hans  

habe ja noch ein paar fette prozent PLUS ;-))  

uffff....  

Hab rund 35% mitgenommen. stecken jetzt bei Broadi drin ;-)  

beobachte terax weiter ;-))  

Au Backe, falls Broadi heute noch steigt wie soll ich dann noch fahren ,lach  

gegen den Trend (?) bis Montag dabei, bis dahin hat sich auch USA etwas beruhigt.
Es ist Weekend, und liegen wir bei 3$, geht`s Montag wie üblich weiter...  

Man beachte das Namensschild!!! Sorry für die Qualität, hab die Bilder mit nem Camcorder gemacht....  

 

ein Schmöker über Qatar...  

falls ich mal nach Qatar muss... ;-)))  

seit 19 Uhr klappert`s in USA (?)...
Ich hoffe,ich verfalle jetzt nicht in Panik!

Geiles Kamel(Dromedar)  

ne, von news weiß ich nix, wohl aber, das ein paar Jungs vom ihub unter 3$ noch mal bunkern wollten. Schätze mal, das waren sie....

Viel Glück und steigende Kurse noch ;-)))

Gruß

Hans  

 

 

an alle die noch hier sind!
Wolfgang  

was mit terax loS!?  

orm 8-K for TERAX ENERGY, INC.

30-Jul-2007

Unregistered Sale of Equity Securities, Financial Statements and Exhibits


ITEM 3.02 Unregistered Sales of Equity Securities.
On July 23, 2007, Terax Energy, Inc. (the "Company") completed the sale of 55% of its issued and outstanding common stock to Westar Oil, Inc. (the "Purchaser"), pursuant to the Purchase and Sale Agreement ("Agreement") between the Company and the Purchaser, dated April 26, 2007. The purchase price of the shares was $0.21 per share, the closing market price of the Company's common stock on the date of the Agreement. At the closing on July 23, the Company sold 3.9 million shares to the Purchaser for $819,000. At a prior closing on April 30, 2007, the Company had sold 618,000 shares to the Purchaser for $129,780. Thus, the total consideration received in the transaction was $948,780 and the total number of shares purchased was 4,518,000. The Company used cash on hand to complete the purchase. The Company has previously reported the entry of the Agreement in a report on Form 8-K filed with the SEC on May 1, 2007.
The Company claims an exemption from the registration requirements of the Securities Act of 1933, as amended (the "Act") with respect to the foregoing, pursuant to the provisions of Regulation D of the Act. No commission or underwriter's discount was paid in connection with the sale to Westar. Item 5.01 Change in Control.
The Agreement gives the Purchaser the right to designate one member of the Board of Directors and the Company's chief executive officer. The Purchaser has designated Linda Contreras as the Company's sole director and chief executive officer, as reported in the Company's Form 8-K dated May 1, 2007, replacing Lawrence J. Finn, who resigned as the Company's chief executive officer and chief financial officer. The Company and the Purchaser are unaware of any other arrangements or groups regarding control of the Company or election of directors. Upon its purchase of 55% of the outstanding common stock of the Company, the Purchaser now has sufficient shares to elect all of the members of the Company's Board of Directors.
The Purchaser used cash on hand to pay the $978,780 purchase price.
5.03 Amendments to Articles of Incorporation. On July 26, 2007, the holders of a majority of the Company's outstanding shares voted, via written consent without a meeting, in favor of amending the Company's articles of incorporation to reflect a change in the Company's name to Westar Oil and Gas, Inc. The shareholders also voted to amend the articles of incorporation to increase the number of shares of common stock authorized for issuance from 15 million to 200 million. However, these amendments to the articles of incorporation have not yet become effective, as the Company must file and mail to all of its shareholders an information statement of pursuant to section 14(C) of the Securities Exchange Act of 1934. These amendments to the articles of incorporation will become effective as soon as the Company complies with the delivery requirements set forth in Regulation 14C under the Securities Exchange Act of 1934.
Item 7.01 Regulation FD Disclosure.
(a) On July 26, 2007, the Company's board of directors affirmed its intention to declare a 2 for 1 restricted share dividend, subject to completion of all required disclosure and legal obligations to effect the dividend. The Company had previously disclosed its intention to declare a 1 for 1 restricted share dividend, but has decided it would be in the best interests of the shareholders to pursue a 2 for 1 dividend.
(b) The Company is also finalizing the terms of its share exchange with Westar. This share exchange is expected to close prior to the effectiveness of name change.
(c) The Company filed press releases on June 8, 2007, June 22, 2007, and June 29, 2007, which are attached hereto as exhibits.
(d) The information in this Form 8-K shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such filing.



Item 9.01 Financial Statements and Exhibits

Exhibit No.                             Description of Exhibit
99(i)*           June 8, 2007 Press Release

99(ii)*          June 22, 2007 Press Release

99(iii)*         June 29, 2007 Press Release

99(iv)           Purchase and Sale Agreement between Terax Energy, Inc., and Westar
                Oil, Inc., incorporated by reference to Exhibit 10.1 of the
                Company's Form 8-K dated April 26, 2007, filed with the SEC on
                May 1, 2007


 

sieht so aus, als ob die amis heute den kurs mal schön nach oben drehen.  

Weil auf den Kurs duerfte sich das nicht auswirken. Es sind doch eigentlich Tatsachen aus alten News.  

schwierig zu sagen was das bewirken wird...