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Pink Sheets: Forster Drilling Corporation (FODL) news stock charts

Forster Drilling Corporation (FODL/FODL.PK) Penny Investment Summary:

Forster Drilling Corporation, through its subsidiaries, provides contract land drilling services to oil and natural gas exploration and production companies operating in Arizona, New Mexico, and Texas. It also purchases and refurbishes drilling rig parts, assemblies, and land drilling rigs. The company, formerly known as Process Technology Systems, Inc., was founded in 1987 and is headquartered in Houston, Texas. On December 1, 2008, an involuntary petition for liquidation under Chapter 7 was filed against Forster Drilling Corporation in the US Bankruptcy Court for the Western District of Texas, Midland.
www.forsterdrilling.com
47 Employees
Founded in 1987

FORSTER DRILLING CORP (FODL:OTC)

LAST $0.0030 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of 4:30 PM 01/8/10 All times are local (Market data is delayed by at least 15 minutes).

Snapshot of FORSTER DRILLING CORP (FODL)

OPEN
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PREVIOUS CLOSE
$0.0030
DAY HIGH
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DAY LOW
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52 WEEK HIGH
04/9/09 - $0.05
52 WEEK LOW
11/17/09 - $0.0001
MARKET CAP
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AVERAGE VOLUME 10 D
0.0
EPS TTM
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SHARES OUTSTANDING
48.5M
FODL Does Not Pay Dividends
P/E TTM
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K = Thousands  M = Millions  B = Billions

Key developments for FORSTER DRILLING CORP (FODL)

Garrick Clayton Step Down as Controller, Chief Operating Officer and Acting Chief Financial Officer of Forster Drilling Corporation

Effective October 27, 2008, Garrick Clayton stepped down as Controller, Chief Operating Officer and acting Chief Financial Officer of Forster Drilling Corporation.

Forster Drilling Corporation announced delayed 10-Q filing

On 10/15/2008, Forster Drilling Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Forster Drilling Corporation Announces Senior Management Change

Forster Drilling Corporation announced that Fred Forster, III, President, Chief Executive Officer, and Chairman of the Board, is stepping down, effective immediately. In his place, Frederick C. Doutel, Jr., has been elected by the board to serve as acting President, Chief Executive Officer, and Board Chairman. This executive management change is being effected to strengthen and streamline the operations structure.

Forster Drilling Corporation financial resources

otc, otcbb, pinksheet, FODL, ob Forster Drilling Corporation

FODL Competitors

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Industry Analysis

Valuation FODL Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.0x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful

FODL

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FODL transactions

Type
Date
Target
Bankruptcy
December 9, 2009
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Pink Sheets: More Recent Financial News About Forster Drilling Corporation

FORSTER DRILLING CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibit

Quote: FORSTER DRILLING CORPRequest a Trial to NEW EDGAR Online Pro Form 8-K for FORSTER DRILLING CORP 6-Nov-2008Change in Directors or Principal Officers, Financial Statements and Exhibit Privacy PolicyTerms of ServiceCopyright/IP PolicySend FeedbackSEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for an...
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FORSTER DRILLING CORP Files SEC form 8-K, Bankruptcy or Receivership, Financial Statements and Exhibits

Quote: FORSTER DRILLING CORPRequest a Trial to NEW EDGAR Online Pro Form 8-K for FORSTER DRILLING CORP 26-Feb-2009Bankruptcy or Receivership, Financial Statements and Exhibits Privacy PolicyTerms of ServiceCopyright/IP PolicySend FeedbackSEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any information...
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FORSTER DRILLING CORP Files SEC form 8-K, Bankruptcy or Receivership, Financial Statements and Exhibits

Quote: Item 1.03 Bankruptcy or Receivership. On November 25, 2008, three note holders of Forster Drilling Corporation, owning notes totaling $65,000.00, initiated and filed a Chapter 7 bankruptcy petition to involuntarily liquidate the assets of Forster Drilling Corporation. The action is currently pending in the United States Bankruptcy Court of the Western District of Texas, Midland Division. A motion to dismiss the petition for improper venue and transfer the case to the Southern District of Texas ...
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