Carbon Energy Corporation (CRBO)

[Renee]

CRBO one for 4 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[Meangene818]

It’s about time for a run here!!!

[Renee]

CRBO effective March 17,2017 a one for 20 reverse split:

http://otce.finra.org/DLSymbolNameChanges

[RonnieD]

whatever, all who cares is what we said.
as long as i can speak here i will come back
and we can talk about a lot of ideas....

[RonnieD]

whatever, all who cares is what we said.

[RonZlats]

Interesting. I think that popped up on my stock screen once or twice. Good luck, it might be a timely stock now.

[RonnieD]

thanks for the info, Ron.
my favorites, well I short more than I buy and hold.
i do have one for you to check into, however..
URZ.

[RonZlats]

stanu78 - sorry that it has been years since checking into message boards. I had to take leave public comments after becoming a board member myself. Let me know how you made out on your endevours and hope everything is working out wonderfully with them.

[RonZlats]

Hi Ronnie,
CRBO was a longer process than I thought it would be and the results were mixed. The passt board of STLS did work hard on getting the best for the shell, and I have the highest regards for their dedication and skills. Eventually CRBO did reverse merge into STLS as you know, and I all board members resigned to put their directors at the helm, and I wish them the best of luck.
I see you are still around on other boards. For legal reasons I sort of had to abandon any public comments, but maybe I'll catch up with you on some of your favorites. Currently have a 6% position in PFHO - but not seeking a board seat there.
Hope you are well!

[jwez]

Yeah, I saw the initial tank, too, just like the one day this past winter. Nothing special, IMO.

[TMcNasty]

I see blocks today.

[stanu78]

RZ, how's the board position works for you. Do you learn anything interesting/insightful? was it a good experience in general? What do you like and what do you dislike about the potision?

The reason I'm asking is because I'm looking into it myself (on a different company)

Thanks in advance,

Stan

[RonnieD]

I see you've become a Director ! Congrats !

It's been a long time, so you might never post here again.
Meanwhile I like the structure and hope you all have big plans for this.

I started buying, slowly.. as there doesn't appear to be a rush.

[RonZlats]

Interesting lines in the 10Q about selling the company and maximizing shareholder value. A must read. Sounds like something is cooking!

[RonZlats]

I've had a few do reverse mergers, and that's a pain, but, I usually don't trade on splits, so, it's not an issue. There is always a letter of transmittal that goes along with it. Forward splits are not an issue 2 for 1 etc. It's cumbersome, but, most of my stocks usually just collect dust :)

[RonnieD]

with the kind of positions you take, it certainly makes sense to call for the certs. Taking them off of the brokers availability list is beneficial as you said.
Since you hold for so long a time usually, have you ever gone through a reverse merger or merger with stocks you hold in certificate form, and if so did it result in a longer time delay ? tia Ron.

[RonZlats]

The certs being delivered help take them away from the broker who can use them to "hypothocate" or use them for anyone to short the stock. I hate those games, but other than having a pretty peice of paper, not much good comes from it.

The other problem with certs is that some brokers make you wait until the cert clears DTC so, there is always an issue selling the stock. You'll note that isn't a problem for me, because I usually keep my stock for a long time, which is why I don't mind paying extra today for something that I want to make sure I can own.

[RonnieD]

btw, is it de rigeur for you to have the certs delivered physically ? Does it help in long term holding discipline or as a licensed professional can you sell shares without transferring them to a broker ? I've never had shares delivered but I've thought about it. There's been times over the years when I wish I did, and others when it would have been a bad move because my broker wouldn't have been able to sell them.

[RonnieD]

ok thanks. I hope this pays off for you. It's currently 5 bid by 6.5 ask . Perhaps you would contact the co, but that's your call.
Glad to hear you will check out ZNNC. That one could go through the roof if the merger with Platinum Properties goes in full. The mkt cap there is currently around 700k. A few warrants for Cornell Capital around .035 but nothing too serious. If you're interested after taking a look we can continue the discussion on that board.http://www.investorshub.com/boards/board.asp?board_id=4305
Looking at BMLS I see 7.3 mil book value and currently trading at only a 2.3 mil total mkt cap. Nice.
I'll follow you around i-hub and catch you another time. If you learn anything pertinent to STLS, post it, and visa versa.

[RonZlats]

Hello Ronnie,
My stocks do have very low outstanding share counts, it's the only way to value a company if someone were to take one over. The other thing that I look for is no dilutive stock options or converting debt. Thus, when you buy shares, you know your percentage ownership won't change much over night. Basically, market caps of less than $10 million.

I've found it hard to find profitable companies at that level, though there are a few. So, a couple of these shells look interesting now.

I don't know anything more than anyone else on this one. I just liked the fact that the options were exercised at nearly double the price of the stock, meaning, there is some confidence in what is going on here.

I'll look at ZNNC for sure... I also filed a 13D on BMLS as well yesterday. Always looking for a turn around.

[RonnieD]

Hi Ron. I took a look at your 13d along with your other investments which required a 13d filing. Way to go on PYOL, I see you waited years for that one and have been handsomely rewarded. Do you favor companies with a low share count ? I noticed both MLDS and WGLF have low share counts.
Have you possibly spoken with Joel Greenblatt ? I see this stock hasn't had hardly any trading for quite a few years. Your purchases are the cause of the recent run-up. I have to think that you know more than I do just from reading the sec filings.
I'd appreciate your input on this, or either of your recent purchases in the others. I'd also like to suggest that you take a look at a shell co I'm heavily invested in ( for me ). It's ZNNC, there's a mb here on i-hub for it.
Thanks in advance, Ron D.

[RonZlats]

I filed a 13d on the company this AM.

[RonnieD]

interesting. why has it gone up so much ? there's only 410,000 total shares ! They have had jv's for years with NY University to develop therpeutics and bio-hormone treatments.
On January 31, 2006, Mr. Joel Greenblatt, Chairman of the Company's Board of Directors,
exercised a warrant to purchase 16,667 shares of the Company's common stock at an exercise price of
$3 per share, which resulted in the Company receiving $50,001 in cash on such date as payment for
the shares.