Altex Industries Inc (PK) (ALTX)

would be nice if they divi'd the approx 0.12+ a share in cash and kept the shell going, that or buy some profitable enterprise and get something going with the shell. purgatory is getting old

This would be interesting if the ceo was actually taking a realistic salary.

hayabusha

hello

Nice gains today.

$ALTX may be the superstar this week. Looks like strongest promo once dust settles.

ALTX released their 10K filing...LJ

http://ih.advfn.com/p.php?pid=nmona&article=45781695

growth does show some but not a lot. thank you lots fer dd.

Revenues are weak and but I don't have much information about their growth plans yet.

Oil and gas sales increased from $10,000 in the three months ended June 30,
2009, to $30,000 in the three months ended June 30, 2010, and from $26,000 in
the nine months ended June 30, 2009, to $81,000 in the nine months ended June
30, 2010, because of higher realized prices and higher quantities sold.
Interest income decreased from $18,000 in the three months ended June 30, 2009,
to $10,000 in the three months ended June 30, 2010, and from $64,000 in the nine
months ended June 30, 2009, to $34,000 in the nine months ended June 30, 2010,
because of lower interest rates and lower cash balances. At the current level of
cash balances and at current interest rates, the Company's revenue is unlikely
to exceed its expenses. Unless and until the Company invests a substantial
portion of its cash balances in interests in producing oil and gas wells or in
one or more other ventures that produce revenue and net income, the Company is
likely to experience net losses. With the exception of unanticipated RR&D,
unanticipated environmental expense, and possible changes in interest rates, the
Company is not aware of any other known trends or uncertainties that have had or
that the Company reasonably expects will have a material favorable or
unfavorable impact on net sales or revenues or income from continuing
operations.

The thing that mostly has my interested is the strong cash position and the low shares outstanding. Any kind of a PR plan and some new acquisitions or cash flows could do wonders here. JMHO.

i'm reading lots here. any big thoughts?

Interested in the story here. This is so thinly traded an increase of liquidity could shoot this back up as oil prices go up.

altx



The Daily View (90 Days)
50ma,BB,retrace,PPS,volume,MACD,full sto, accumul/distr.

Did you find the ALTX quarter acceptable?...LJ

ALTX filed their 10Q filing today...LJ

bid whackin varmints on Friday...LJ

ALTX showing more volume today...LJ

the 1/2 dozen or so we have chatted about are really ones fer all to peep in on.

Some ALTX financials updated on Yahoo now...LJ

ALTX ask moved up...volume steady...LJ

ALTX up a nudge today...LJ

Info on Glo Field in Wyoming can be found on this site...

http://wogcc.state.wy.us/

And that should bring you up to date on our curiousity of wondering what's up...LJ

why is altx pps stagnant?

jmo

no, timing is everything.

Did you sell some boardmarks?...

Went down as fast as the seller who ran out shares to sell on Tuesday...

Hopefully...LJ

A few notes on quarter ending 12-31-2009...LJ

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46620033

ALTX reported 13,885,734 outstanding shares as of 02-09-2010 in their latest 10Q filing...LJ

Ooo... Didnt even think bout that last night.. I wont get mad if u delet it. It wuz fo u and mick anyhow.. Catch u later tonite.. Where do u live?

Looks like someone sold some ALTX today...

You really should add the name and ticker when you post such huge share count numbers on this board...

Hope you didn't unintentianelly scare anybody out of a position at half of cash and net share value for ALTX...LJ

*
Estimated Market Cap
$44,860,618 as of Feb 22, 2010
*
Outstanding Shares
36,175,000 as of Jul 13, 2009
*
Authorized Shares
200,000,000 as of Jul 13, 2009
*
Number of Shareholders of Record
43 as of May 30, 2008

off topic:
My old pop email me this a few weeks back,,u know all the blue, pink, yellow, white, sugar packs.......this company want sum action and want those color packs gone....still diggin info up had a huge buy eod 280,000
http://investorshub.advfn.com/boards/board.aspx?board_id=15164
website
http://www.nxtnutritionals.com/
chart
http://stockcharts.com/h-sc/ui?s=nxth

altx,,,working on it. other one done some.

Glo Field might have a better shine with oil jumping about $10 a barrel in a week...LJ

there is one that went way high. fergot which one.

maybe valero one.

val

Good to know that you are familiar with the area...LJ

i have a parcel in wyoming.

cost 14.500

Sure is some spud activity in Wyoming even during the cold going on in 2010...

Looked over that area first...

That field info even has the operator and the monthly sales data on it also...

Lot of things to review...LJ

need to read more my friend. sound like wymoing is a great place fer natural gas.

Mick, some info on Glo Field and Glo North Field can be found on the following Wyoming website...

http://wogcc.state.wy.us/

'County'...start with 'County' info...
and then search 'Fields Within County'...
And search 'Campbell' county info...
'Field Production' for each field has production info...

Glo Field - 50N x 69W
2009 production...24,890 bbls of oil

Glo North Field - 50N x 69W
2009 production...37,546 bbls of oil

Hope this makes it easier to locate...LJ

i need to read on this stuff.
re;
Mick, have you looked over this?...

Not sure what to make of this yet...LJ

http://wogcc.state.wy.us/Fieldprod.cfm?oops=&nFC=1376

http://wogcc.state.wy.us/CountyFieldMenu.cfm?oops=1

http://wogcc.state.wy.us/Fieldprod.cfm?oops=&nFC=1380

edit...oops...found the above under the Field info but links may not be working...

http://wogcc.state.wy.us/

Mick, have you looked over this?...

Not sure what to make of this yet...LJ

http://wogcc.state.wy.us/Fieldprod.cfm?oops=&nFC=1376

http://wogcc.state.wy.us/CountyFieldMenu.cfm?oops=1

http://wogcc.state.wy.us/Fieldprod.cfm?oops=&nFC=1380

edit...oops...found the above under the Field info but links may not be working...

http://wogcc.state.wy.us/

ALTX posts .254/share in cash or about $3,582,000 for quarter ending 12-31-2009...

$288,000 in investments in 4.4% override in Glo Field in Campbell County, Wyoming...

89K loss for the quarter or about .0064/share...

$3,840,000 shareholder equity posted for the quarter or about .276 per share...LJ

I'd guess on a filing being out by Thursday evening to beat the regional Friday holiday and Monday holiday if they continue to file early...LJ

it will workout.

ALTX didn't build up a cash hoard making bad moves in the past...

So there could be some potential...LJ

that will tell a real story here.

Wanta to see if ALTX grabbed any more deals when everyone was pre-occupied with holidays late last year...

And more info on the recent investment activity in Wyoming...

Hope they hurry with that 10Q filing..LJ

it should do well this qtr.

Its like waitin' on Christmas...Hopefully any day we will find out more about the company's activities...LJ

looking and in search LJ. thanx.

Little shake on ALTX for a few days but the bid seemed to pop back up...LJ

not so much on that but of both states.