CIA Connected Arab Terrorist Amir Adnani Securities Fraudster Fracking For Uranium In Texas Connected To CIA's,J.D.Davidson's Agora Inc
Agora Inc.'s founder James Dale Davidson and Porter Stansberry whose employee Ray Rivera running a penny stock promotion mailing called Rebound Report died mysteriously from an unexplained plunge off Belvedere Hotel in Baltimore in 2006 were charged by the SEC with promoting two stock frauds in 2003 but SEC Utah attorney Brent Baker took a bribe from Overstock.com's CEO Patrick Byrne whose deceaced daddy was Geico billionaire and he promoted a fraudulent lie aided and abetted by ex Governor John Huntsman Jr. who later became Obama's ambassador to China and now Donald Trump's ambassador to Russia.
Now having been cleared by the SEC for their unending penny stock scams dating decades Porter Stansberry is part of this dangerous uranium fraud along with James Dale Davidson's and Agora Inc's and thus the CIA's Canadian penny stock thieves and offshore money launderers Brent Pierce and Grant Atkins who along with Davidson began the lie that stocks were being naked shorted that in 2008 ex SEC Chair Chris Cox aided and abetted by claiming all collapsing stocks on the stock market, not just penny stocks which were the first to post this lie and fake news all over the internet with Google,et.al.'s blessing,were in fact illegal pump and dump ops with all shares being issuued by the fraudulant stock market and 'intelligence' including CIA and Israeli Mossad involved and profiting from. Amir Adnini bills himself as yet the truth is he is lieing to U.S. and Texas governments and has only a history of offshore money laundering using 'securities' just like his CIA connected American and Canadian partners in crime !Note below CIA financial and environmental terrorist Amir Adnani allegedly from Canada bills himself as “...an entrepreneur with a natural resource background,”but the truth he prefers to hide is
“I am an entrepreneur with a natural resource background,” Adnani said. Six years ago, there was a dramatic proliferation of U.S. companies, perhaps as many as 500, he explained, that aspired to engage in uranium mining. Today, UEC is one of the few left and the only one in production.
It is, Adnani said, “an incredibly small space. But it’s an incredibly important sector for power generation. To me, that’s a unique opportunity.” Much of UEC’s activity is in South Texas, where it is pursuing ore deposits largely identified during oil and gas exploration during the 1970s and 1980s.
One of the keys to UEC’s success is its people, Adnani said. “We have a team of people who have been there, done that. They built 80 percent of the In-Situ Recovery (ISR) projects ever built in the U.S.,” he explained. Plus, he added, “Texas is an incredibly energy-friendly and business-friendly state to operate in.”.......................
However as is mentioned below 'His credentials for running this firm are: … he once ran a Vancouver based investor relations firm called Blender Media- that is it. Obviously a team of Canadian stock promoters cannot make a real business mining uranium in Texas......''
http://www.citronresearch.com/citron-research-updates-uranium-energy-amexuec/
Notice Grant Atkins, Brent Pierce’s sidekick on the above link. He was also a founder, CFO and director of UEC.Then we have Amir Adnani, age 32, running the company as CEO and the mouthpiece. He is board chairman Alan Lindsay’s son-in-law. His credentials for running this firm are: … he once ran a Vancouver based investor relations firm called Blender Media- that is it.
Obviously a team of Canadian stock promoters cannot make a real business mining uranium in Texas. While they might be the ultimate decision makers, the man on the ground is Harry Anthony. Mr. Anthony is the face of the company to Texans. While we do not discredit Mr. Anthony’s expertise in uranium and do not believe he personally was responsible for any wrongdoing, we just simply pull up his resume to see if he is capable of being at the helm of a $400 million company.
The last projects in which we see his involvement are from 1988-1990, over 20 years ago: both turned out to be “environmentally challenged” and never turned any revenue or profits for the company. This is not to say that Mr. Anthony is a “bad man”, it is just saying…where is his track record of success?....................................
Also in Uraguay>
Se avanzará en el proyecto de filtración de in situ de uranio en Yuty ...
www.elcomercial.com.ar/index.php?option=com_content...
10 jun. 2015 - Uranium Energy Corporation, recibió la aprobación reguladora para avanzar en el ... Dicha compañía hizo saber que el 29 de mayo pasado había recibido una ... Por su parte, el presidente de la UEC, el CEO Amir Adnani ...
Uranium Energy Corp.: Form 10-K - Filed by newsfilecorp.com - SEC.gov
https://www.sec.gov/Archives/edgar/data/1334933/.../form10k.htm
Uranium Energy Corp. was incorporated under the laws of the State of Nevada on May 16, ..... Amir Adnani is our President and Chief Executive Officer, and Mark ...... Property Acquisition Agreement between Minas Rio Bravo S.A., Compania .SEC Whistleblower Fraud Sean - political and science rhymes - blogger
politicalandsciencerhymes.blogspot.com/.../sec-whistleblower-fra...
IKN: Marin Katusa forgets about Uranium Energy Corp (UEC)
incakolanews.blogspot.com/.../marin-katusa-forgets-about-uraniu...
30 oct. 2015 - Marin Katusa forgets about Uranium Energy Corp (UEC) ... guy that even a rogue like Porter Stansberry wouldn't hire because he's ... Today's news sees Casey Research fave promotions guy Amir Adnani tell the world that ...
Marin Katusa: On Leaving Casey Research & Why Speculating is All ...
www.kitco.com/.../Marin-Katusa-On-Leaving-Casey-Research-W...
7 jul. 2015 - Casey was either merged or picked up by Stansberry, and I ... What I realized was with all the changes going on, Porter and I had a big ..... and a guy like Amir Adnani
or Pat DiCapo, or Nolan Watson are on sale, too, ... The last thing I
wrote with Casey Research before I left was, make sure you buy UEC.
Stansberry's Badiali: $100+/Pound Uranium Needed to Satisfy ...
www.benzinga.com/.../stansberrys-badiali-100-pound-uranium-n...
(UEC:NYSE.MKT) in Texas, Amir Adnani's company. It is an in situ leach mining company that is just starting production in the Texas uranium belt right now.
IKN: Marin Katusa forgets about Uranium Energy Corp (UEC)
incakolanews.blogspot.de/.../marin-katusa-forgets-about-uranium...
Marin Katusa forgets about Uranium Energy Corp (UEC) ... (the guy that even a rogue like Porter Stansberry wouldn't hire because he's too scammy), ... Today's news sees Casey Research fave promotions guy Amir Adnani tell the world that ...
Previous Articles by Guest Authors - UraniumSeek.com
www.uraniumseek.com/news/UraniumSeek/
Fracking for uranium, first accidentally, and now on purpose | Grist
grist.org/...energy/frackings-uranium-pollution-to-finally-be-stud...
https://www.greentechmedia.com/articles/read/will-epa-approve-cutting-edge-uranium-mining#gs.5hliNA8
Will EPA Approve Cutting-Edge Uranium Mining?
Is ISR key to a great business model for the age of climate change or an abomination in the era of precious water?
The opportunity in uranium could still be very big, despite the Fukushima furor. Or it could flow away like water.
“The market that has not changed, post-Fukushima, is the emerging market,” said Amir Adnani, President, CEO and Director of Uranium Energy Corp (UEC). “Sixty-two reactors are under construction. That was the number before Japan, and it’s still the number.”
Growth, Adnani added, is unlikely to be stymied by short-lived controversy. “It is in China, it’s in South Korea, it’s in India, it’s in Russia. In those countries, the nuclear industry is a government-run industry.” Such governments remain enthusiastic about nuclear power’s emissions-free scale.
At present, Adnani said, “demand in the U.S. is 55 million pounds per year; on a worldwide basis, it's 175 million pounds per year.” At the same time, “on a worldwide basis, the industry only mines 120 million pounds.”
The balance has been met by stored supplies and materials recovered under a U.S.-Russia weapons recycling agreement that expires in 2013. “In any commodity business, when you consume more than you produce,” Adnani said, “you’re going to end up seeing higher prices for that commodity” and, ultimately, “an expansion of mine production.”
But it may not, according to Christopher Paine, the Nuclear Program Director of the Natural Resources Defense Council (NRDC), be quite as ripe a market as Adnani described. “His basic premise -- that there’s going to be this huge shortage of uranium and the price is going to go sky high and he’s going to cash in -- is questionable," Paine said. "There is a lot of capacity that’s being constructed in China, but there’s capacity in Europe that looks like it’s going to be coming off-line. There are even reactors in the U.S. that look like they’re going to be shutting down.”
Adnani does not share his skepticism. The spot market price is, he
pointed out, $56 per pound, well over his present $18-per-pound cash
operating expense. He also contended that a lot of contract potential
exists after 2013 and as world demand rises with plants in emerging
economies coming on-line.“The market that has not changed, post-Fukushima, is the emerging market,” said Amir Adnani, President, CEO and Director of Uranium Energy Corp (UEC). “Sixty-two reactors are under construction. That was the number before Japan, and it’s still the number.”
Growth, Adnani added, is unlikely to be stymied by short-lived controversy. “It is in China, it’s in South Korea, it’s in India, it’s in Russia. In those countries, the nuclear industry is a government-run industry.” Such governments remain enthusiastic about nuclear power’s emissions-free scale.
At present, Adnani said, “demand in the U.S. is 55 million pounds per year; on a worldwide basis, it's 175 million pounds per year.” At the same time, “on a worldwide basis, the industry only mines 120 million pounds.”
The balance has been met by stored supplies and materials recovered under a U.S.-Russia weapons recycling agreement that expires in 2013. “In any commodity business, when you consume more than you produce,” Adnani said, “you’re going to end up seeing higher prices for that commodity” and, ultimately, “an expansion of mine production.”
But it may not, according to Christopher Paine, the Nuclear Program Director of the Natural Resources Defense Council (NRDC), be quite as ripe a market as Adnani described. “His basic premise -- that there’s going to be this huge shortage of uranium and the price is going to go sky high and he’s going to cash in -- is questionable," Paine said. "There is a lot of capacity that’s being constructed in China, but there’s capacity in Europe that looks like it’s going to be coming off-line. There are even reactors in the U.S. that look like they’re going to be shutting down.”
“I am an entrepreneur with a natural resource background,” Adnani said. Six years ago, there was a dramatic proliferation of U.S. companies, perhaps as many as 500, he explained, that aspired to engage in uranium mining. Today, UEC is one of the few left and the only one in production.
It is, Adnani said, “an incredibly small space. But it’s an incredibly important sector for power generation. To me, that’s a unique opportunity.” Much of UEC’s activity is in South Texas, where it is pursuing ore deposits largely identified during oil and gas exploration during the 1970s and 1980s.
One of the keys to UEC’s success is its people, Adnani said. “We have a team of people who have been there, done that. They built 80 percent of the In-Situ Recovery (ISR) projects ever built in the U.S.,” he explained. Plus, he added, “Texas is an incredibly energy-friendly and business-friendly state to operate in.”
UEC’s Palangana ISR project began producing last November. It came pre-permitted with UEC’s purchase of an adjacent plant where mined uranium is processed into yellowcake. The company has not found Texas to be as friendly at its Goliad project site, where the cutting-edge ISR technology has met hard resistance.
“We’re in our fifth year of fighting this,” said Raulie Irwin, Board Member and Chairman of the Uranium Committee of the Goliad County Groundwater Conservation District. “When they started, they didn’t notify anybody in the county. They got a permit from the Railroad Commission, an exploratory permit, and they went out there and started drilling.”
.............................
http://www.citronresearch.com/citron-research-updates-uranium-energy-amexuec/
Banned Stock Promoters, Secret Offshore Accounts, and Foreign Management with a history of frauds and failures …Yellowcake Anyone??
In 2007, Citron introduced the wild tale of Uranium Energy, while it traded on the OTCBB under the symbols URME with a series of articles.http://seekingalpha.com/article/31623-why-you-re-better-off-without-uranium-energy-corp
http://seekingalpha.com/article/34734-uranium-energy-corporate-credibility-in-serious-doubt
The stock subsequently went from $7 to under .30 cents. Yet, recently with uranium back in the spotlight as investors look at the increase China demand, even the “sketchiest” of uranium stocks seemed to have caught a bid…with that we re- introduce Uranium Energy. (AMEX:UEC)
As mentioned in the previous articles, management is associated with a history of companies that have promised the sky and delivered …. nothing!
Who is Behind This Uranium “Deal”?
Alan Lindsay – Chairman of the Board. Mr Lindsay is a career “deal guy” who has left behind nothing but companies that have promised high hopes and left investors with empty pockets. Mr. Lindsay’s ties extend to some of the more notorious stock promoters in Vancouver. A most noteworthy association was Genemax – the supposed cancer vaccine stock, and its CEO James Dale Davidson.In recent SEC filings, Alan Lindsay is involved with the following companies:
| Company | Ticker | Recent Price |
|
Annual Revenues | |
| Strategic American Oil | SGCA | .15 | Director, member audit, governance and nominating and compensation committees. Son Jonathan is Secy, CFO, director and CAO (07/2010 10-K) | 531,736 | |
| Phyto-medical | PYTO | .02 | Director, recent reverse merger with “Standard Gold”, at least 6 family members in the deal (10/28/2010 8-K) | 0 | |
| Tap-immune | TPIV | .20 | Major shareholder / Director (04/2010 10-K) | 0 |
http://www.otcmarkets.com/stock/MIVI/quote
So who is really running The Show?
What makes MIV interesting is much like UEC, it is dual listed on the Frankfurt Exchange. Why would a Texas Uranium company need to be listed in Frankfurt? More disturbing is why was the investor contact in Frankfurt “International Market Trend” which belongs to none other than G Brent Pierce a man who was a consultant to UEC who holds the unique distinction of being one of the few people fined and sanctioned by securities regulators in both Canada and the United States.http://www.sec.gov/litigation/aljdec/2009/id379cff.pdf
Notice Grant Atkins, Brent Pierce’s sidekick on the above link. He was also a founder, CFO and director of UEC.
Then we have Amir Adnani, age 32, running the company as CEO and the mouthpiece. He is board chairman Alan Lindsay’s son-in-law. His credentials for running this firm are: … he once ran a Vancouver based investor relations firm called Blender Media- that is it.
Obviously a team of Canadian stock promoters cannot make a real business mining uranium in Texas. While they might be the ultimate decision makers, the man on the ground is Harry Anthony. Mr. Anthony is the face of the company to Texans. While we do not discredit Mr. Anthony’s expertise in uranium and do not believe he personally was responsible for any wrongdoing, we just simply pull up his resume to see if he is capable of being at the helm of a $400 million company.
The last projects in which we see his involvement are from 1988-1990, over 20 years ago: both turned out to be “environmentally challenged” and never turned any revenue or profits for the company. This is not to say that Mr. Anthony is a “bad man”, it is just saying…where is his track record of success?
Bending the Truth for Fun and Profit
The company is still indulging in misleading PR’s to promote its stock. Most recently, it issued this piece, boasting a “Major Advance” in its 3 ½ year battle to get permits approved to mine uranium in Goliad County, South Texas.http://finance.yahoo.com/news/Uranium-Energy-Corp-Announces-prnews-3176412865.html?x=0&.v=100
Soon after the company released this promotional piece, they raised $27.5 mil in a private placement. But is this release even accurate?
The stock was about $3 on September 30th, and rose all through October, when the company issued a dilutive $27.5 million private placement at $3.40 per unit, including a share of stock and a half a warrant exercisable at $3.95.
The problem is, this PR is materially misleading. Read the judge’s own words from the conclusion (p. 148), of his ruling, in which he clearly states that the applications for mining be remanded for further evidence, or
“[i]f the Commission determines
that such remand is not feasible or desirable then the [Judge]
recommends that the [Applications] be denied.”
The Judge also makes clear that the applicant failed to satisfy its
burden of proof on multiple issues: F, G, H, R and T. For example,
the Judge states (p. 49 of PFD) that:
“[t]he Commission’s action on the application should not be completed until these questions are resolved within the record.”
Apparently, the analysts knew there were potential problems. Even
RBC admitted as much in their November 17 note, where they put an
underperform on the stock with the caveat “Additionally, we believe
Uranium Energy could encounter permitting issues at its Goliad Project
which, in turn, could delay initial production beyond 2011.”(Sorry we can’t reprint the note for copyright reasons)
The other analyst who covers this issue, CIBC, sees an eventual favorable ruling for the Goliad project but still has a price target of $4.75, and that is assuming management executes on all cylinders.
So what does the future look like for UEC????
Without Goliad- it is a quick death. With Goliad it can be a slow bleed — you decide.
In recent PR’s UEC proudly touts how it has begun production at its Palangana site, and concentration operations at its Hobson Processing plant. Note there are no financial figures published with these announcements. The reason is the revenue from this tiny operation is inconsequential – a bus token relative to UEC’s $400 million market cap. UEC’s Goliad property, which has over 3 times more estimated uranium than Palangana and represents over half of UEC’s purported resource, has been tied up in legal and environmental objections to permitting for the last 3 ½ years. (SEC regulations do not allow these types of resources to be claimed as “reserves”.)
Both analyst firms that cover UEC disclose intent to perform investment banking for the company, so they have no incentive to be pessimistic. Nevertheless, they maintain twelve month $4.75 and $5.00 price targets. Neither project has any possibility of meaningful revenues before 2012. The most realistic way to estimate valuation is to use a factor of $6 to $8 per lb of in-ground resource. This would yield a market valuation for UEC of around $96 million, or around $1.50 per share. You could add back 40c per share of cash to a round $2 per share valuation estimate. The difference between that value and the company’s current $400 million + market cap is stuff that nuclear dreams are made of.
For investors wanting to speculate on uranium resources, compare UEC to URRE – which controls a purported 100 million pounds of uranium resource — over 8 times UEC’s uranium resources, yet trades for $100 million less market cap than UEC!
The only analyst positive on this stock, Haywood Securities, is located in Vancouver and doesn’t even have an office in the US. What do you think?
Keep in mind though, that there is no pending or expected shortage of uranium. It is mined using a variety of methods in dozens of countries all over the world, with Australia, Kazakhstan and Canada sourcing 60% of the world’s supply.
http://en.wikipedia.org/wiki/Uranium_mining
http://www.oecd-nea.org/press/2010/2010-03.html
And just today, Russia announces establishing a new, heavily stocked uranium fuel bank with 120 tons of fuel-grade stockpiles. This further offsets the likelihood of a squeeze in uranium.
http://rbth.ru/articles/2010/12/03/russia_to_secure_global_uranium_supplies_with_a_new_fuel_bank05175.html
Despite speculation in various commodity markets, there is simply no evidence for a supply shortage in uranium…that is, unless you talk with a stock promoter with lots of shares of a uranium story stock to move.
Something to ponder- A Thought from Citron
The case of UEC is troubling for shareholders and should be more troubling for citizens of Texas for the following reason. As we learned a lesson this year from the recent BP drilling disaster, it is never a problem until it is a problem. The consultants and engineers have been compensated with stock, to pave the way for a US municipality to put its groundwater at risk. When potentially serious environmental consequences arise, the responsibility will lie in the hands of Canadian citizens with a serious history of stock promotion. When doing resource drilling of this nature, management is at risk of being caught in the crosshairs of doing the right thing for the environment vs doing the right thing for insiders. When this issue ripens for UEC – which is inevitable – will this self-promotional team, with its offshore accounts and 40c per share cash in the company, be accountable ? How far would BP have gotten with $24 million to face its environmental responsibilities ?http://www.sacurrent.com/blog/queblog.asp?perm=70328
http://www.sacurrent.com/blog/queblog.asp?perm=69455
http://www.victoriaadvocate.com/news/2010/may/04/jv_uec_suit_050510_95239/?business
Like everything else about this deal, the 3 ½ year battle for permitting in Goliad has been paid for …. with stock.
“Bennett admitted he was not
present when the wells were drilled, did not personally inspect the
wells, or participate in any sampling of the wells. Nor did he perform
his own subsurface examination of the site. Instead, he said he
“assumed” the reports he relied on from fellow UEC consultant Craig
Holmes were a “professional product.”
Holmes testified on Tuesday was invested in UEC stock until he divested himself last week.”
The Hype Machine
If anything signals a top to this stock, it has to be this week’s newsletter piece promising “Huge Returns in Uranium Stocks” which hit the Nasdaq site.http://community.nasdaq.com/news/2010-12/prospecting-for-huge-returns-in-uranium-stocks.aspx?storyid=47368&source=TheMotleyFool
The article was written by one Ian Wyatt. While we don’t doubt Ian’s intentions, we simply would like to call attention to three other battleground stocks between Citron and Ian. Citron Research points out the following stocks were previously covered by Citron and promoted by Ian:
YPNT at 4.95 – Stock crashed to pennies, CEO criminally indicted and convicted. (was at one time Ian’s favorite recommendation)
IIG — Stock and business model imploded
AMED – Federal investigation of billing practices, stock halved.
See you around!
Conclusion
This recycled stock promotion is what it always was – a heavily overhyped story stock that fell into a commodity bubble — with no real prospects of “growing into” its valuation. It is the opinion of Citron that at the end of the day when you look past all the well written pr’s you will nothing more than another hype company in the dossier of Alan Lindsay.Cautious Investing to All
http://briandeer.com/vaxgen/stansberry-sec.htm
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