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#61
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PMDP. I have been trading this company for some time now. Look for a run at the end of the day. Stock is trading like news is coming out. In the last report they said they were planning to acquire MEI which is all positive cash flow. Imo this will be coming out soon. Good time to load up while its dipping again. Good luck to all
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#62
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Plateau Mineral Development, Inc. Announces Signed Letter of Intent With MEI .Companies:Plateau Mineral Development, Inc..Press Release Source: Plateau Mineral Development Inc. On Friday February 19, 2010, 1:17 pm WINSTON-SALEM, N.C., Feb. 19, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News) announced today that the company has signed a letter of intent to acquire Matthews Energy Investments, LLC (MEI). A memorandum of understanding is in progress and should be completed within the next few weeks. MEI is a research and development management company that receives income from successful development projects. Three current sources of income for MEI are from oil and gas projects in Kentucky, Oklahoma and Michigan; all of which have a positive cash flow. MEI also provides loans to companies for developmental purposes. However, in some cases, MEI carries out its own in-house research and development. Therefore, another source of MEI's income is from the reimbursement of loans and up front capitalization for in-house developments. Robert Matthews of Plateau Mineral Development, Inc., states, "Plateau has chosen to acquire MEI because MEI has both the funds and the resources for research and development, while Plateau has the tools and technology to get the job done. The signing of the letter of intent will allow Plateau to move forward and participate in some of the lucrative projects that MEI is involved in." About Plateau Mineral Development, Inc.: Plateau Mineral Development has been in existence for over five years. |
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#63
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Plateau Mineral Development, Inc. Announces Planned Acquisition of Properties .Companies:Plateau Mineral Development, Inc..Press Release Source: Plateau Mineral Development Inc. On Wednesday March 17, 2010, 11:04 am WINSTON-SALEM, N.C., March 17, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News) announced today that the company has obtained rights to 28 wells via the impending acquisition of MEI. The merger of MEI's oil and gas interest into PMD is expected to be complete by the end of the month. Last month, Plateau signed a letter of intent to acquire Matthews Energy Investments, LLC (MEI). MEI is a research and development management company that receives income from successful development projects. Three current sources of income for MEI are from oil and gas projects in Kentucky, Oklahoma and Michigan, all of which have a positive cash flow. Robert Matthews of Plateau Mineral Development, Inc., states, "We have devised and are implementing a plan to provide multiple income streams to PMD, Inc. The goal is for the company to increase shareholder value appreciatively in twelve months. The well properties we will be acquiring from MEI in Kentucky, Oklahoma and Michigan are a large step towards that goal." About Plateau Mineral Development, Inc.: Plateau Mineral Development has been in existence for over five years. |
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#64
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Plateau Mineral Development, Inc. Announces Completion of Property Acquisition .Companies:Plateau Mineral Development, Inc..Press Release Source: Plateau Mineral Development Inc. On Friday March 26, 2010, 11:34 am WINSTON-SALEM, N.C., March 26, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News) issued a statement today that the acquisition of 28 income-producing gas wells from MEI has been completed. Plateau Mineral Development, Inc. obtained rights to the properties via the impending acquisition of MEI. Last month, Plateau signed a letter of intent to acquire Matthews Energy Investments, LLC (MEI). MEI is a research and development management company that receives income from successful development projects. Three current sources of income for MEI are from oil and gas projects in Kentucky, Oklahoma and Michigan; all of which have a positive cash flow. Each of the properties is located in an area where the basin is thriving and productive. Twenty three of the properties are gas wells in Kentucky, four are gas wells in Oklahoma and one is an oil and gas well in Michigan. Robert Matthews of Plateau Mineral Development, Inc., states, "Now that the acquisition is complete, we can begin to move forward with projects that will increase our flow of income." |
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#65
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Plateau Mineral Development, Inc. Announces Acquisition of Additional Oil and Gas Producing Properties from MEI .Companies:Plateau Mineral Development, Inc..Press Release Source: Plateau Mineral Development Inc. On Tuesday March 30, 2010, 9:15 am WINSTON-SALEM, N.C., March 30, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News) issued a statement today detailing the acquisition of additional oil and gas producing properties from Matthews Energy Investments (MEI). Plateau Mineral Development, Inc. obtained rights to the properties via the impending acquisition of MEI. Last month, Plateau signed a letter of intent to acquire Matthews Energy Investments, LLC (MEI). MEI is a development management company that receives income from successful projects. Three current sources of income for MEI are from oil and gas projects in Kentucky, Oklahoma and Michigan; all of which have a positive cash flow. The acquisition of MEI is expected to be complete within the next several days. Each of the properties are located in areas where the basin is thriving and productive. Robert Matthews of Plateau Mineral Development, Inc., states, "Our main objective in acquiring the aforementioned properties is to glean a steady oil and gas income, and to enhance the continued viability of the company. We are doing all we can to prudently enhance PMDP's income figures." |
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#66
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Plateau Mineral Development, Inc.'s Technologies Can be Modified to Assist in Cleaning Oil Spills Such as the Current Spill in the Gulf of Mexico .Companies:Plateau Mineral Development, Inc..Press Release Source: Plateau Mineral Development Inc. On Monday May 3, 2010, 5:28 pm EDT WINSTON-SALEM, N.C., May 3, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News) announced today that its partner company, Environmental Solutions (EnSol), has a technology that can be modified to assist in cleaning up oil spills such as the current one in the Gulf of Mexico. While the EnSol technology would require some modifications to meet the exact needs, those changes would be minor. EnSol's technology can be used to reclaim the oil and tar, whilst restoring the beaches. It would take in a volume of contaminated sand, dissociate the components, extracting the oil and tar, thereby allowing clean sand to be deposited back onto the beach. Robert Matthews of Plateau Mineral Development, Inc., states, "The oil spill in the Gulf of Mexico and its negative environmental impact is of significant importance at present. It is our goal to eventually use the green, environmentally-friendly EnSol technologies in an effort to help with the clean-up process of this any future oil spills." About Plateau Mineral Development, Inc.: Plateau Mineral Development has been in existence for over five years. |
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#67
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Keep an eye on PMDP in the coming days, read the news above, let's see how this plays out. |
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#68
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Plateau Mineral Development, Inc. Announces Early Fabrication of Tire Converter .Companies:Plateau Mineral Development, Inc..Press Release Source: Plateau Mineral Development Inc. On Tuesday June 22, 2010, 4:15 pm WINSTON-SALEM, N.C., June 22, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News) announced today that the firm, in conjunction with Environmental Solutions, has commenced the permitting process for the Tire Converter, and once that's done, early fabrication will begin. Permitting and early fabrication allow Plateau and EnSol's engineers to resolve any fabrication issues that could make building the Converter take longer than needed. Fabrication issues need to be fixed in order to avoid unforeseen delays that would include follow-on production problems. The Converter will recover carbon black, oil, gas and petroleum solvents from tires. The market for carbon black includes the manufacturing of batteries and other products, making it an even more important commodity than the company had originally thought. Carbon black sells for approximately $0.46 per pound. A prototype unit was put to the test, showing that the converter yields more than 95% of usable product after it converts the materials put into it. The fully-operational converter is the size of a truck bed. However, the goal is to fabricate and test a portable unit that can be taken to remote sites for conversion and environmental cleanup jobs. Robert Matthews of Plateau Mineral Development, Inc. states, "We're thrilled to take the Tire Converter onto the next step in the process. The pre-fabrication brings us one step closer to taking the product to market." About Plateau Mineral Development, Inc.: Plateau Mineral Development has been in existence for over five years. |
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#69
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Plateau Mineral Development, Inc. Announces Commencement of Certification Process for Tire Converter WINSTON-SALEM, N.C., July 8, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News), announced today that the Tire Converter's certification process has begun. The process takes place in stages, and must be based upon a completed design. Since the tire converter's design is complete, the certification, permitting, and fabrication processes have begun and are occurring simultaneously. Some of the certifications will come from the American Society for Testing Materials (ASTM). The Converter will recover carbon black, oil, gas and petroleum solvents from tires. The market for carbon black includes the manufacturing of batteries and other products, making it an even more important commodity than the company had originally thought. Carbon black sells for approximately $0.46 per pound. A prototype unit was put to the test, showing that the converter yields more than 95% of usable product after it converts the materials put into it. The fully-operational converter is the size of a truck bed. However, the goal is to fabricate and test a portable unit that can be taken to remote sites for conversion and environmental cleanup jobs. |
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#70
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Plateau Mineral Development, Inc. Discusses Permitting Process for Tire Converter WINSTON-SALEM, N.C., July 13, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News) announced today that the environmental permitting process has been defined for the Tire Converter. The Converter will recover carbon black, oil, gas and petroleum solvents from tires. The market for carbon black includes the manufacturing of other products, making it an even more important commodity than the company had originally thought. Carbon black sells for approximately $0.46 per pound. A prototype unit was put to the test, showing that the converter yields more than 90% of usable product after it converts the materials put into it. The fully operational converter is the size of a truck bed. However, the goal is to fabricate and test a portable unit that can be taken to remote sites for conversion and environmental cleanup jobs. Plateau Mineral Development, Inc. notes that the cost is well within budget and consultants are ready to begin work as the fabrication progresses. This will prepare EnSol to begin testing and production operations immediately after fabrication is completed. |
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