[peakoilcar]

Now I bought some of this stock this week of this company
the symbol is HEGP if you care to look and see that I am not blowing smoke here. In fact the price I paid was .06 and its now .08 ANYWAY Do you think a company like this has a chance, Heartland is opening a E-85 gas station in Oklahoma. Their plans are to open more around the country. Do you think this will take off?

I mean the president came on the TV th other day and said their would be a huge push in 2008 towards alternative fuels and per his initiative plan they state there is even tax credits etc for station owners. Do you think the whole Energy initiative will catch on?

There are so many more questions about this sector, but I am sure they will be addressed as this forum develops.

[pup55]

Warning: I am not an expert investment advisor, and have no axe to grind on this or any other investment. Do not accept investment advice from anyone who has a job. Do not believe everything you see on the internet.

This is one of those kind of fun things that shows up from time to time, and ostensibly has a chance to succeed.

Based on my extensive one hour of research on this, I would say that the "company" consists of a guy, Roy Thornhill, down in Louisiana. He has the idea that he can blend and distribute E85 to independent gas stations, set them up with the dispensing equipment, etc. and get a piece of the action.

At the moment, it appears that the company consists of Roy and his secretary.

At least he is sort of frugal. He has drawn his expenses out of the company, which appear to be only about $60,000 per year, no doubt spent on driving around the country in his Cadillac trying to sell the independent gas stations. He has contracted with a common carrier to distribute the gas to the stations he has managed to sell, and also, has lined up a supplier of gas pumps that are willing to work with him. So, there are some prospects.

At the present time, the company has no revenues, that is, they are bringing in no money.

Ol' Roy has chosen to raise money through the penny stock market, that is, you, and several thousand investors chipping in a little to try to get this thing off the ground. There are 69 million shares outstanding, and the market capitalization is about $5 million (the average cost is $.07 per share), so it looks as though he can keep this up for quite a while. The company apparently does not prepare any financial statements at the moment, so we cannot see where the money is at this point.

The main "institutional holder" is Widman, Siff and Company, which is a wholly owned subsidiary of Valley Forge Asset Management. There appear to be no outstanding lawsuits against these guys, and they do have some fairly reputable clients, such as school districts and some pension plans around Philadelphia, but they do have some skin in the game. What sometimes happens is that people that need to raise money like Roy work with people like this as sort of a promotor: They cold call people, email financial blogs, do press releases, and generally try to raise some interest among the "investing public" about this exciting new stock, etc. etc. and get people to put their $10K or whatever into this business because it is just about ready to take off. If they can get their 10,000 shares up to, say, $10 per share, instead of .10, they can fatten up. This cold call process can be really close to a "boiler room" situation, if you know what I mean. Maybe the above post on PO.com is even part of this. They pay somebody to make up a website, it looks like a company, and they are all are off and running. We do know that they are prodigious producers of press releases.

Anyway what you hope will happen is that Roy will get some business, he will get to distribute his ethanol out to the little gas stations, and eventually, it will get to be a real business, with revenues, and ongoing customers, etc. and then someone who is in this business already that knows what they are doing will buy him out. Recently, he has actually leased out a gas station in Oklahoma to try to get the kinks worked out of his distribution system. Maybe he will start having some sales and customers out of this place.

The stock has gone from a low of .02 in the last year, to .12. So, there is a chance you will make some money on flipping it.

According to the E85 website, there are currently 1100 gas stations in the country that dispense E85 (out of approximately 160,000 stations total). Out of the approximately 160,000,000 vehicles in the country, 3.5 million are E-85 compatible. The piece of information that would be really helpful is: how many of these are in Broken Bow OK? Hopefully Roy has done his market research.

E85 Study

I am not saying to do this or not to do this, and after all, there is the "Bigger Fool" theory, that says that a stock is worth what the next guy will pay for it. But, the chances of you losing 100% of your investment on this are excellent, and dependent 100% on Roy Thornhill's ability. I hope you at least gave him a call to see what he is about. Hopefully he is feeling fit. If he has the Big H or something you are SOL.

I will be delighted to track this for awhile to see how our man Roy is doing. You never know, this is such a great country, it might work.

Company Website

Widmann Ziff

Yahoo Finance

[pup55]

I should add one more thing, that is, that in all of this literature, there is nothing in there that says exactly what the company does, except "promote the distribution of M85 to independent gas stations". Do they blend the M85 and ship it to the gas stations who put it into their own pumps? Are they "bulk breakers" who buy M85 in tanker cars, and then put it into trucks for local distribution? Do they buy and install the equipment at the gas stations and then let the station owners run it? Do they talk the station owners into buying and installing the equipment, and then buy the E85 from elsewhere and just distribute it for a commission?

The website and press releases do not give any detail on this. It goes to the heart of the question: how do these guys get paid?

Whichever one of these things they do, it makes a difference, because of the amount of cost they have to incur to get new business (purchasing and installing tankage, for instance). Also, it makes a difference as far as an entry barrier to somebody like Valero who operates in this part of the country and might want to get into this type of business. The more they take ownership of the process, the higher the expense, but the more difficult it will be for some giant competitor to get in there.

The most likely scenario is that ol Roy goes to the local station, talks them into installing their own tankage and pumps, and then he uses a leased fleet to distribute the M85 to the local stations for a commission. The first part is the most difficult: He has to talk some independent station owner into making an investment in tankage and pumps. Maybe this will cost several thousand dollars. Once he has done this, nothing says that somebody cannot go in right behind him and sell the M85 cheaper.

So, one of the things we will track on this is: Exactly what do these guys do, and how secure is the business?

[Ming]

$this->bbcode_second_pass_quote('peakoilcar', 'N')ow I bought some of this stock this week of this company the symbol is HEGP if you care to look and see that I am not blowing smoke here. In fact the price I paid was .06 and its now .08 ANYWAY
Do you think a company like this has a chance, Heartland is opening a E-85 gas station in Oklahoma. Their plans are to open more around the country. Do you think this will take off?
I mean the president came on the TV th other day and said their would be a huge push in 2008 towards alternative fuels and per his initiative plan they state there is even tax credits etc for station owners.
Do you think the whole Energy initiative will catch on?
There are so many more questions about this sector, but I am sure they will be addressed as this forum develops.

[pup55]

http://finance.yahoo.com/q?s=HEGP.PK

Back up to 8 cents. Was 7 for awhile.

[pup55]

Update: HEARTLAND ENERGY GRP (Other OTC:HEGP.PK)
Last Trade: 0.05
Trade Time: 3:10PM ET
Change: Down 0.02 (28.57%)
A two cent drop sends the stock down 29%.
$this->bbcode_second_pass_quote('', 'R')oy Thornhill, CEO of Heartland Energy Group, stated: “We are ensuring our full compliance as we prepare for the opening of our Oklahoma Station, as soon as possible.”

[pup55]

$this->bbcode_second_pass_quote('', 'L')ast Trade: 0.06

[drew]

Aren't ya glad you didn't buy any?? We really have to watch all this stuff don't we?

A guy at work was telling me he bought Sandvine, a telcom/net supplier to comcast? for 5 bucks/share. The banks were pushing it good....

He got out even.... It's now about $2/share. And this is for a legit business.. (it's a local company, I've known of it for years now)
Caveat Emptor folks!
Drew

[pup55]

$this->bbcode_second_pass_quote('', 'L')ast Trade: 0.03

[pup55]

$this->bbcode_second_pass_quote('', 'L')ast Trade: 0.02 Trade Time: Jul 24

[pup55]

Uh oh.....
$this->bbcode_second_pass_code('', '
HEARTLAND ENERGY GRP
(Other OTC: HEGP.PK)
Last Trade: 0.01
Trade Time: Jul 31')

a 50% decline in two days.....

Since the original spamination of this thread, this guy has lost 7/8 of its value.

According to the chart, 15,000 shares were traded yesterday. That's a total of $150 in capitalization.

As of the most recent quarter, the company still has $2.91K ($2,910) of its original $5M capitalization, which means that poor Roy probably should be thinking about getting a real job.

[Bubba_Green]

Look at KYE, PSEC, PEO and FRO

[pup55]

http://finance.yahoo.com/q?s=HEGP.PK

We're down to .006 per share, six tenths of a cent, if you can find a buyer. I wonder what Roy did with the $5M in market capitalization that he had as of a year ago?

$this->bbcode_second_pass_quote('', 'K')ayne Anderson Energy Total Return Fund is a closed ended equity mutual fund launched and managed by Kayne Anderson Capital Advisors, L.P. The fund invests in the public equity markets across the globe. It seeks to invest in the stocks of companies operating in the energy industry, primarily master limited partnerships (MLPs), MLP affiliates, energy-related U.S. and Canadian royalty trusts and income trusts, marine transportation and coal.

[pup55]

$this->bbcode_second_pass_quote('', 'L')ast Trade: 0.0030
Trade Time: Dec 5

[pup55]

$this->bbcode_second_pass_quote('', 'K')YE, PSEC, PEO and FRO

[pup55]

Update:

$this->bbcode_second_pass_quote('', 'K')ey developments for Tritent International Corp. (TRNC)
Heartland Energy Group Inc. has Changed its Name to Tritent International Corp
01/20/2009

On January 20, 2009, Heartland Energy Group Inc. changed its name to Tritent International Corp.