Sunday, May 19 2013 5:58 PM EDT2013-05-19 21:58:26 GMT
Source: Louisiana State Police
Authorities are urging motorists to avoid I-10 West and East bound at mile marker 25 due to a tanker truck on fire. Fire crews are still working to extinguish flames on an 18-wheel oil tanker. LouisianaMore >>
Louisiana State Police is investigating an oil tanker tractor fire on Interstate 10 that caused major traffic delays Sunday afternoon. More >>
Friday, May 17 2013 9:05 PM EDT2013-05-18 01:05:04 GMT
The Southwest Louisiana Tea Party movement began picking up steam in 2009 as members from throughout the five parish area began gathering for rallies and becoming more visible and involved in local governmentMore >>
The Southwest Louisiana Tea Party movement began picking up steam in 2009 as members from throughout the five-parish area began gathering for rallies and becoming more visible and involved in local government and the political scene.More >>
Friday, May 17 2013 8:55 PM EDT2013-05-18 00:55:58 GMT
An arrest has been made in the 1962 death of Mary Horton Vail. Vail was found dead in the Calcasieu River in October 1962, her husband, Felix Vail, claimed she was the victim of a boating accident. TheMore >>
Mary Horton Vail was found dead in the Calcasieu River in October 1962. Her husband, Felix Vail, claimed she was the victim of a boating accident.More >>
Friday, May 17 2013 6:17 PM EDT2013-05-17 22:17:04 GMT
Friday marks the anniversary of the first woman reported missing in the Jeff Davis Eight case. On May 17, 2005, 28-year-old Loretta Chaisson Lewis went missing. Three days later, her body was found floatingMore >>
Friday marks the anniversary of the first woman reported missing in the Jeff Davis Eight case.More >>
Friday, May 17 2013 5:47 PM EDT2013-05-17 21:47:38 GMT
More than 825 students - the largest graduating class in McNeese State University history - are expected to receive degrees at the university's spring commencement ceremony at 10 a.m. Saturday, May 18,More >>
More than 825 students - the largest graduating class in McNeese State University history - are expected to receive degrees at the university's spring commencement ceremony at 10 a.m. Saturday at Burton Coliseum.More >>
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SOURCE Colombia Energy Resources, Inc.
SAN FRANCISCO, March 19, 2013 /PRNewswire/ -- Colombia Energy Resources, Inc. (OTCBB: CERX.OB; OTCQB: CERX), (the "Company" or "CERX") announced today that the Company intends to voluntarily file a Form 15 with the Securities and Exchange Commission (the "SEC") on or about March 29, 2013, to terminate the registration of its common stock and suspend its reporting obligations under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The Company is eligible to terminate its registration by filing a Form 15 because it has fewer than 300 common stock shareholders of record at the beginning of its fiscal year.
As a result of filing the Form 15, the Company will no longer be required to file reports under the Exchange Act, including quarterly reports on Form 10-Q, annual reports on Form 10-K, and current reports on Form 8-K. The Company expects that deregistration will become effective 90 days after the filing of the Form 15 with the SEC.
CERX's Board of Directors authorized the termination of registration of CERX's common stock after careful consideration of the advantages and disadvantage of being an SEC reporting company. The Board concluded that the consequences of remaining an SEC-reporting company, which includes significant costs associated with regulatory compliance, outweighed the current benefits of remaining registered with the SEC.
CERX's board of directors intends to consider possible future actions that would be in the best interests of CERX. The Company also intends to maintain its OTC Markets trading platform but anticipates the quotation of its stock on the OTC Bulletin Board will be dropped. The Company will focus its use of its limited financial and management resources on its assets and operations in Colombia and on potential strategic alliances or sale of such assets.
Company Contact: Daniel Carlson Email: email@example.com Telephone +1 (415) 460-1165