Richard A. Quintal • President
Mr. Quintal has an uncanny eye for detail and preparedness for any and all operations. His attention to detail has paid off time and again when equipment failures occurred as they will and his ideas for backup and/or replacements saved the company both down-time and expense.
Prior to entering the oil and gas business Mr. Quintal’s background included acting as owners’ representative on the 50 story Thanksgiving Tower in downtown Dallas where he oversaw the tenant finish out projects ranging from $100,000 to $12 million. Mr. Quintal will revert to a Board Member upon the acquisition of Black Gold, Inc. whereupon Nic Boatwright will become the CEO and President of South Plains Petroleum, Inc.
Read More
Suzanne E. Ruffini • Board Member Upon Acquision of Landmaster Partners, Inc. Assets
After working with it for a year, she instructed her team to look for the not so obvious. One of her field supervisors pointed out that several of the old wells in the field had run Drill Stem Tests over the Upper Swastika Sand and never recovered anything, but that they must have seen something in the samples to indicate oil or they would not have run the tests. A recommendation was made to test the drilling breaks in the Swenson 14 well and when it was tested, it came in over 270 BOPD.
Ms. Ruffini then hired a geologist to conduct mapping of the field and further recommendations. Ms. Ruffini’s forte is in oversight, insight and communication skills. Her vivacious character instantly melts even the hardest of heart to open up and indulge her requests. Through her tenacious attitude, she built Landmaster and now is looking to move on to the next plateau with SPP.
Read More
Nicolas Boatwright • CEO Upon Acquisition of Black Gold,Inc. Assets
It is anticipated that Mr. Boatwright will become the President and CEO of South Plains Petroleum, Inc once the acquisition is completed. SPP’s current management shall remain involved as advisors and operators of some of South Plains Petroleum, Inc oil properties.
Read More
Maximum Number of Shares Offered subject to adjustment for bonus shares
0/2500
6 years ago
Show more
0
0
6 years ago
Show more
0
0
6 years ago
1
0
6 years ago
0
0
6 years ago
Show more
0
0
6 years ago
Show more
0
0
6 years ago
Show more
0
0
6 years ago
0
0
6 years ago
Show more
1
0
Cancel anytime before 48 hours before a rolling close or the offering end date.
We want you to succeed and get the most out of your money by offering rewards and memberships!
Your info is your info. We take pride in keeping it that way!
Invest in over 200 start-ups and collectibles!
With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000 are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, they are limited to investing 10% of the greater of the two amounts.
At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.
Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.
StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.
For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
For Regulation A+, StartEngine allows for a four-hour cancellation period. Once the four-hour window has passed, it is up to each company to set their own cancellation policy. You may find the company’s cancellation policy in the company’s offering circular.
Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.
Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to be sent back to the account associated with the investment.
Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
Jay Mitchell
6 years ago
How much runway would you have if you only get the $25k that it looks like you're going to get? I'm very interested in investing, but as it closes in 9 hours and you are far from the $100k you needed to purchase some of the options, I don't want my money to go straight down the drain.
Show more
1
0