PickensPlan

Gloria Glasgow
  • Female
  • Winchester, KY
  • United States
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Gloria Glasgow's Page

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Are you interested in becoming an organizer in your area?
Maybe--But Not Sure What to Organize
What excites you about this campaign?
My God!! We have to do something.....FAST!
What do you want to do to help?
Anything I can do. I would be interested in investing, but I don't have big bucks.

Comment Wall (4 comments)

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At 4:59pm on July 22, 2008, Sam said…
Hi Gloria,

Yes I can and will dear. Thanks.
At 8:08pm on July 21, 2008, Kurt Stiffel said…
Hey Gloria,

People taking action instead of talking about taking action, You are awesome !!!! its funny the naysayers cant stop us because they're waiting for the perfect solution, instead of the best CURRENT solution. Again, your awesome, Regards, Kurt
At 12:42pm on July 19, 2008, Sam said…
Gloria, I love that picture by the way! haha That is one attentive cat! lol I am a registered agent with a domestic Independent Natural Gas Producer here in KY and we operate in Eastern KY, South-Central KY and Northern TN. In terms of a direct investment in the Pickens Plan, in my opinion there is no better way than to help boost domestic Natural Gas production right here in the USA. That is what we have been doing for the past 15 years and very successfully. I'm not sure how familiar you are with Natural Gas Development/Drilling, but in a nutshell we are running a 90% success rate i.e. 9/10 wells comes up producing for the past 15 years and we are growing rapidly. In our own small way we have been putting the Pickens Plan into action for the past 15 years.Natural Gas is an abundant, domestic, cheaper and cleaner resource. Typically the investment opportunities we offer are limited to "Accredited Investors" . Let me give you a definition real quick so we can see if you qualify:

1) $1Million Net Worth including home, all assets, other investments, cash etc.
OR
2) Have made $200,000/Year individually for the past 2 years and reasonably expect to do so this year
OR
3) Have made $300,000/Year jointly with your spouse for the p[ast 2 years and reasonably expect to do so this year.

The reason we are limited to such calibre investors is because Oil & Gas Investments are typically considered high-risk , however, our company has been very successful over the past 15 years and deals strictly in proven and already producing fields. In the areas we operate in, geologically speaking, there is a "blanket-type" characteristic geological natural gas producing layer underneath the ground which makes our particular investments much less risky. Generally speaking natural gas is a lot easier to find than oil. You can communicate with a natural gas fracture from 2000 ft away but you can miss an oil well by 10 feet. Our gas is also high-quality in terms of the energy content measured in BTU(British Thermal Units) and hence we and our clients enjoy a little premium over and above these record-high natural gas market prices. The IRS picks up the tab for your tax-bracket % of your investment e.g. on a $100 K Investment, after tax deductions, you actually have approx. $65 K "Out-of-Pocket" invested. Also on the income side, you can enjoy a 15%-22% deduction on the income you make back from these types of investments which is called a "Depletion Allowance". The natural gas wells in these operational areas in Eastern KY-Appalachian Basin region, typically produce for 25-30 years at very steady rates and there are geological reasons for this that I will be glad to explain if you are interested. Where do you think Natural Gas market prices will be in just 5, 10, 15, 20 years? So you have a steadily producing income-generating asset and a rising market price of that asset, what is likely to happen to your Returns On Investment with time?

Beyond just being a wise investment on both a personal and national level, this is also a great "HEDGE" against inflation, a weakening dollar and your own rising energy costs whether on a personal level e.g. home heating bill this winter OR on a business level e.g higher transportation costs associated with your industry.

Feel free to contact me if you are interested, however, let me be clear that in order for me to even make any kind of offer to you, you must be an Accredited Investor(see definition above) and it will not be for 30 days. Per SEC regulations and rules we must "develop a relationship" first which protects you and gives you plenty of time to do your due diligence on the firm I am registered with and to ensure there is no "Impulse Buy" . Beware that anyone making you and offer immediately and talking in Dollar Terms with this kind of investment without adhering to this procedure is more than likely out to scam you or at least violating Securities Law.

Look forward to speaking with you. Thanks.
At 5:17pm on July 18, 2008, Kurt Stiffel said…
Gloria,

if you watch tv much, I'd put fast money and mad money on my radar if I was you. Also if you havent already you can open a brokers account at Sharebuilder (now owned) by ING for only $100- , trades are $4-? if your willing to wait for their weekly mass trade or $10- if you want to trade immediately. I found them to be very good since they dont bombard with fees, they do lack support in research etc, but you can get all that for free by google-ing co's, reading or listening to quarterly conference calls, using StockPickr.com, etc etc etc... Peace, and power to the sheeples, for they shall inherit the earth
 
 

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