Ntresource Opt Jun13 (NTRO) News

ALEX CAMPELL DIRECTOR
ENDURING RESOUCES, LLC

303-573-1222

JAMES D CLARK
KPMG

214-840-4763

Well Core sucks ofcourse

April 1st not a joke Form 12-25 filed


The SEC Form 12b-25 is usually a red flag for investors, indicating that something is not right with a company. It either means that management is incapable of ensuring that basic tasks are performed or that the company is experiencing major financial trouble.

Dennis Miller is a true jokster! Call the company and give em

hell! Don't be scared!

Hasn't happened for me yet in my portfolio.
Any idea if that will take place when the markets close?

NTRO: Effective March 27: Stock Merger; For every 10.5 shares of NTRO, shareholders will receive 1 share of the publicly traded OTC company Core Resource Management, Inc. (CRMI)

http://otce.finra.org/DailyList

So the guy that is filling the CEO position at Core is named Dennis Miller. Hopefully he isn't a joke like the comedian Dennis Miller.
Has anybody heard of his background or what his goals are for Core(CRMI) acquiring NTRO?
2nd of all what the heck are they doing bringing on James Borem from NTRO to look over the operations of production? They need to put someone else in there that is not going to be a conflict of interest by having the wells in Oklahoma being serviced by their family or buddies and getting kickbacks.

who knows if this will ever happen

a triple merger moving on stock into another

it is a triple scam, this biggest ever, well not really

considering the stocks involved here, basically moving one

worthless stock into another, if is does happen you like

loss 25bucks to your investment firm and wind up with worthless

CRMI stock that won't even trade, these guys are real crooks

write it of worthless already, call the company, management

doesn't have a clue, neither does the SEC!

Does anybody know when Ntro stock conversation to CRMI is going to take place?
They released the Amended 8k today.
http://ih.advfn.com/p.php?pid=nmona&article=65645807

Jim Borem buy my stock at .55

Well Ntro might be making a move here

one worthless stock to another

not looking forward to anything this year

2015 will move into another worthless untrading stock

they plan to move to another board withing 3 yrs

but this reverse will wipe ntro shares out completely

will leave you with 1 ntro share and they hope it will be

20bucks so your originally ntro will mostly become only one

share a total loss to ntro shareholders!!!

any word on this worthless untrading stock

soon to be reverse split into another

worthless untradable stock

CRMI although your broker will

make a 25 dollars reorganational fee

I should have written it off worthless

long ago, but I keep listening to the

lies and tales from management

fees and losses will continue

NTRO will not be transfered

stock is worthless

left on the market it is a private companies now

part of CRMI but stock not a part

worthless! call Larry Wise and let him lie to you!

When is NTRO stock supposed to be transferred to CRMI?

No doubt

just think about all the wall street crooks that fell

on yesterdays date, cleaned house, time to do it again I say

no wonder why noone really invests in the stock market, all liars

and theifs, I would hate to call myself an investment banker,

almost as bad as a politican,

Freaking ridiculous! Fkn crooks! Yeah I'm talking about Borem!

They should have never agreed to make James Borem COO. That guy is in it for himself not the investors. His son has a drilling company that he will use to drill more wells in Oklahoma and I'm sure he is getting some kickback from him.

Reading the Core Q its a wonder what NTRO sees worthwhile in this deal. Seems like just more expensive mouths to feed.

They sure do try and make their news release sound good.

Core Resource Management, Inc. and Nitro Petroleum, Inc. Enter Into Definitive Agreement and Plan of Merger

PHOENIX, AZ and SHAWNEE, OK--(Marketwired - September 03, 2014) - Core Resource Management, Inc. (OTCQB: CRMI) ("Core") and Nitro Petroleum, Inc. (OTCQB: NTRO) ("Nitro") announced today that the two companies, together with Core Resource Management Holding Co. ("CRMI-H"), a wholly-owned subsidiary of Core, have entered into an Agreement and Plan of Merger (the "Merger Agreement") (dated August 28, 2014), pursuant to which, subject to the satisfaction or waiver of certain conditions, CRMI-H will merge with and into Nitro (the "Merger"), with Nitro becoming a wholly-owned subsidiary of Core.

Upon the consummation of the Merger, based on the number of shares of Nitro common stock outstanding on August 28, 2014, each outstanding share of Nitro common stock (other than shares held by those Nitro stockholders properly exercising dissenters' rights) would be converted into .0952 shares of CRMI common stock (Ratio 10.5 to 1). The number of shares of CRMI common stock that may actually be issued with respect to a share of Nitro common stock may be modified in the event additional shares of Nitro common stock are issued prior to the consummation of the Merger. Nitro stockholders will receive cash in lieu of fractional shares of CRMI. Core will file an S-4 registration statement with the Securities and Exchange Commission ("SEC") to register all shares of common stock issuable to the Nitro shareholders upon consummation of the Merger. The Merger is subject to the approval of Nitro's shareholders.

Nitro's properties are located within the prolific Oklahoma Anadarko basin, an area noted for long life oilfields, excellent historical well control, relatively shallow target pay zones, and superior wellbore economics. Nitro boasts a significant inventory of low risk, low cost and high rate of return drilling, behind pipe, salt water disposal, offset and/or rework/recompletions in the Mid Continent region. As leasehold ownership in this area has long been fragmented, excellent potential exists for bolt-on acquisitions and drilling opportunities. These properties, along with Cores Texas properties will become the main operating regions for the post-merger company.

In order to create the best team of industry experts possible, and facilitate the best value of the business combination in the proposed Merger, the Board of Directors of Core and Nitro determined that it is in the best interests of both companies that Mr. Jim Borem and Mr. Larry Wise will remain on as active management to utilize their skill sets within the oil industry. Together the two boast over Seventy Five Years of industry experience and successful property management. Mr. Borem, Nitro's present Chief Executive Officer, will continue to serve in that capacity and as Chairman of the Board of Directors of Nitro to facilitate the merger. Post-Merger, Mr. Borem will resign as Chairman of the Board of Directors of Nitro, and immediately commence serving as a Chief Operating Officer of Core Resource Management, Inc. Mr. Borem entered into a two year employment agreement with Core to serve in such capacity. Mr. James Clark, Core's present Chief Executive Officer will continue to serve in that capacity post-merger. Following the Merger, it is planned that Mr. Wise will become the Executive of Field Operations to Core with responsibility to oversee the Company's operations and planned acquisitions. Mr. Phillip Nuciola III, will remain Chairman of the Board of Core, providing both his wealth of banking experience, capital market expertise, and management success to lead the combined companies into the future.

Managements of both Core and Nitro feel strongly that the combination of Richfield's properties and Core's current cash on hand and access to additional capital will create an outstanding opportunity to fully exploit and develop Richfield's significant, primarily oil producing asset base. Further, Nitro management feels that with its field expertise and Core's Capital Markets experience, the two companies will have an escalated synergy that will drive shareholder value.

Chief Executive Officer James Clark commented, "The merger is important to the Company's continued growth and advancement of Core's mission to acquire and manage proven-producing wells and assets. It will help grow our revenue base and scale us into the new and exciting United States regions in oil and gas sector. Further, the addition of NTRO key management will enhance our ability to evaluate new opportunities and potential targets better and more efficiently, as well as strengthening our risk management model in the field." Clark continued, "I feel we are advancing readily in growth stage of our business model. Rockefeller once explained the secret to success. 'Get up early, work late, and strike oil.' We believe that in the end truth will rise above falsehood and oil above water."

About Core Resource Management, Inc.

Core Resource Management, Inc. (OTCQB: CRMI) ("CORE") (www.coreresource.net), is a Phoenix-based oil & gas company engaged in the acquisition of existing oil & gas production in partnership with established oil & gas operators in Texas and the Southwest.

About Nitro Petroleum, Inc.

Nitro Petroleum, Inc. (OTCQB: NTRO) ("Nitro") (www.nitro-petroleum.com); Nitro Petroleum is an Oklahoma based oil & gas drilling and production company, that holds undervalued drilling prospects in the mid-continent region of the United States. Nitro focuses heavily on creating both growth and value through developmental drilling and carefully screened mineral "plays" located in proven undeveloped or overlooked fields.

Don't Sell less than .35/share. CRMI is only valued at $3.00/share and has been that same price for awhile. No trading volume either. Make those guys cough up some money for our stock!

I'm not letting this stock go for less than .50/share. CRMI is no where near worth $3.00.

Article: Core Resource to Acquire Nitro
http://money.cnn.com/news/newsfeeds/articles/marketwire/1136867.htm

Don't Sell less than .30/share. CRMI is only valued at $3.00/share. Make those guys cough up some money for our stock!

CRMI Core Resource Management is acquiring NTRO. For every 10.5 shares NTRO shareholders will receive 1 share of CRMI.

Nitro to be Aquired!

NTRO working it's way back up to .40/share soon.

I believe so. NTRO isn't going to go up much more anytime soon.

Myke2 was right all along.

I call for nitro to make the right decisions in the best interest of its investors. This company is at he point that it needs to be acquired by a company that has good leadership and that will not mislead it's investors.
James Borem, congratulations on being the worst company president ever. You are a crook and everyone knows it.

Myke that must be you driving up the volume and price.

I agree. I am washing my hands from that company. Why are they giving people raises if they aren't making any money? Jim Borem is gonna get his a$$ in the ringer with the wrong person if he is not careful with the insider stuff he has going on.

right, keep on hoping!
and praying NITRO is a POS
always will be with current managment!

I hope Big O would buyout Nitro an pay each shareholder $1/share.

Well as you can see from the filing finally right!

the high volume is due to the company dumping shares for

some capital! They updated their photos on the web site

not young puppies any longer, I have spoke many times with Wise,

"only good things to come" right, this company is such a POS, I'm

giving up. NTRO is not a tradable stock, and I doubt anything

will ever became of it, the guys running it are retired and just

playing around. I don't even want to ask the OS shares at this

time. They are running without lights, and they are good at it,

insiders making bank on the backs of investors, these guys are

good, for themselves, bad for investors!

Myke, what is up with the high volume? Is something big getting ready to happen perhaps?

Is there not anybody working at Nitro? Sure might make the company look better if they would release some news.

I remember reading a filing a couple years ago and they were losing like 50 a barrel or something. Huge administrative expenses. Unreal.

What ever you think, market cap already at 3.5mil

Ntro not worth that and management even worse,

they are a stinkie pinkie, operating in the dark.

BIG OIL waiting till they are bankrupt and buy from the bank

at pennies on the dollar. Tornado and fire season coming now

nitro gets wiped out every year, what do you expect with 3 water

wells, not even producing oil!

crazy

Maybe they are trying to get the price of the stock up for Big Oil to buy them out.

No insider trading going on at Nitro

All BS in this like in the dark stinky pinkie

The whole batch of them are doing it!

.05 to .50 over night

this POS is not an investment

NTRO is highly manipulated stock

all inside trading going on!



company is operating in the dark

no filings no SEC documents

poor management

Nitro Petroleum Inc.: Elmo 2 Update

Once again this company will disappoint, I know the day isn't over
but really, On or before January 24, 2014. Between bringing resigned people back to the office and the insane trade volumes, 17 shares traded, 15 shares traded, 14 shares traded, and 21 shares? WTF, something going on with nitro? PLUS operating in the darkness of the SEC. I reminded the company secretary today is the 24th, but no response, she was in the dark also. NTRO phone number is 405-273-9119 please someone reading this please call! SHAREHOLDERS UNITE AND CALL NITRO!

SHAWNEE, OKLAHOMA--(Marketwired - Jan. 14, 2014) - Nitro Petroleum Inc. (OTCBB:NTRO) participation in the Elmo #2 well has finished drilling and logging. Based off logs, we are flat on structure to the Elmo #1 and in the same sand bar. Pipe was set to a depth of 3,540 feet. We anticipate the Elmo #2 to be comparable to the Elmo #1. We expect to complete the Elmo #2 on or before January 24, 2014. We will keep you posted as soon as the results are available.

Almost guys

Market correction .10

Nitro worth 750k

Market cap 1.5Million still overvalued

Called the Company they stated PRO'S valued company

when the r/s happened, but we know they are WALL STREET FUNKIES

When the market cap hits 750k true value of company

and news hits we will see some real movement

if they don't issue more shares! O/S 1-8-14 7,335,348

R/S 5,868,625 1-8-14 know idea when they are off??? anyone?

Re Borem & NTRO -- check Yahoo Finance -- he was re-appointed Pres. Why? Don't know. GLTU

Re Borem & NTRO -- check Yahoo Finance -- he was re-appointed Pres. Why? Don't know. GLTU

Why is Jim Borem still posting news about NTRO as the President? I thought he was replaced by Jim Lansche????

Why would anyone pay a fee to sell/purchase 17 shares at .11?

Wow, the market is trying to correct itself at .1101 on 17 shares and 15 shares never seen that before but maybe it can!

That's 140,000 a month, hardly covers price of drilling and maintenance, plus I'm sure NTRO only getting a percentage of this well. This is not good news, PPS went to .39 some sucker bought!
Waiting for the correction to .05 pps the sooner we get the correction the sooner we can get back, looking for this evaluation in a couple years, not now. NTRO not a 3 million operation maybe in a few years! Yet another R/S in the works if the market cannot correct itself, this ship could sink, definitely carrying a lot of water aboard, though the darkness of the SEC and no Fins, I hope there's a lighthouse on those reefs, would new management run aground to safe themselves?

OH NO MR BILL!!!!!!!!!!!!!!

I hope it's not a bust like the Giant well's were

Maybe NTRO can hit the paydirt one of these days

in 2014, PPS still needs to correct down to .05 though

wish it would soon rather than hold on to the pain

still operating in the dark by way of the fins, and SEC

But they release news now and then!

Good for you, I would wait for the correction. It will hit .05 before it ever hit 1.00 There's another r/s in the works here also. NTRO fins due now, but with management change they can and will remain in the dark for months, nobody likes to invest in a stinky pinkie anyway, but no reports, really get clue, I have advised NTRO many times to no avail. And the news? What's up with that, another big well and they didn't report on the gusher from the giant, I guess the giant was a bust management to send out a distraction I love it a@#$holes poor management the market is telling you that

NTRO made changes to get the company where it's needs to be. Lansche will get it done. Watch and see! I'm ok with people trying to drive this stock down because I am buying what they are letting go cheap.

No NTRO is overvalued

under the Borem screw up, the reverse split was taken

too high valuation, NTRO market cap 2.5mil

it will take 5 years to get to this valuation, slowly stock

recovering, but need to be .10 pps as the value of the company

This was a major f@#$k up of Borem, that is why he resigned

Lansche has his work cut out for him, but they are entering

retirement years so this is a steady paycheck then NTRO

will be nothing!