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New board for [CEVU] Come check it out!
http://www.investorshub.com/boards/read_msg.asp?message_id=16264520
CEVU -- Caribbean Exploration Ventures, Inc.
Com (1 Cent)
They sure took everyone over the barrel... From Pink sheets:
Investors are advised that Pink Sheets has not been able to contact this issuer. Please refer to the Company Notes below for company status and other important information, including the Last Known Address, where available.
If you have current contact information for this issuer, please complete the Update Company Information Form or send an email to info@pinksheets.com
http://www.pinksheets.com/quote/company_profile.jsp?symbol=CEVU
Do you have a link to that? thanks
1 X 1000 r/s new symbol CEVU
MK
I have a symbol now in my Scottrade Elite....iel*
[ILGY][TWOG] Now here is a reverse split merger with a horrid history of false Pr's and stock selling scam.
http://www.investorshub.com/boards/read_msg.asp?message_id=15420270
It would be nice to be able to complain about paying taxes on this. One year will be March 2007. I will be looking at volume in the weeks prior. My beef with this, is I was never informed of the restriction, nor could I find any PR indicating such. I would have dumped a lot sooner had I known. There was a time I could have sold TWOG for a nice gain. Lost some liquidity, here. Another SNAFU when we go live would not surprise me.
Yes I bought TWOG before & received 1 share of ILGY for every 10 shares of TWOG. The shares i received don't have a symbol , I emailed someone at ILGY about 6 months ago and told me the shares we are getting are ILGY. They are restricted shares (not sure whether it is one or 2 years). Once the restriction is lifted your symbol appears and you will have to pay taxes on thoses share the year the restriction is lifted by the issuer (in this case , someone from ILGY management).
Anyhow, ILGY was trading around 90 cents then, now it is around $0.007, not even a penny.
Suppose someone bought 100,000 shares of TWOG, he/she receives 10,000 ILGY shares. At today's price : 10,000 *0.007 = $70, compare that to the drop of price of TWOG, say, from about $0.02 to 0.0012 that's 94% drop, what's $70 compared to that drop if he/she still has TWOG? Nothing!!!!!!!!!!
Nothing is for sure in this game, but that is what other shareholders have told me and that is the standard rule of thumb. It is possible to restrict up to two years. I believe it should lift off restriction early March, 2007 - that would be one year.
I was a little upset when I found out. I would have bailed if I had known beforehand, but I had no indication. It was at around .50 a share when we got them - now look where it's at. But it is "free".
So are we sure these shares are restricted for 1 year...
THEY ARE RESTRICTED SHARES. 1 TEAR MINIMUM FROM WHEN YOU GOT THEM. tHAT WAS MARCH 2006, I THINK. CAN'T REMEMBER, BUT I KNOW IT IS EARLY 2007 BEFORE YOU CAN SELL.
I've got the same issue. I think all that we can do is wait. You might try calling the companies and see what is going on.
Does anyone still own twog that bought before the merger??? if so did you receive your ilgy shares???
I ve got both twog and what I presume being the ILGY shares in my account but no acually syMbol listed for ILGY AND BESIDE YOU CANT SELL THEM????
IS ANYONE ELSE HAVING THIS PROBLEM OR CAN ANYONE EXPLAIN WHAT NEEDS TO BE DONE TO GET THESE SHARES OFFICALLY CONVERTED????
THANKS
So then TWOG will become ILGY? How many
o/s will there be of ILGY?
Looks like based her ein April at .01...maybe this is the start of the next leg up and the upward reveral I was waiting for...GLTY
Closed at the high of the day...nice
Transworld Oil and Gas Ltd. Updates Asset Sale to International Energy, Ltd.
Tuesday April 11, 2:19 pm ET
HOUSTON, TX--(MARKET WIRE)--Apr 11, 2006 -- Transworld Oil & Gas, Ltd. (Other OTC:TWOG.PK - News) is pleased to announce that the record date set for the stock dividend distribution of International Energy, Ltd. (Other OTC:ILGY.PK - News) will be April 24, 2006. Pay date for the dividend will be May 1, 2006. First American Stock Transfer will be mailing shares to Transworld Oil & Gas, Ltd. shareholders without any action required to be taken on the part of the shareholder. The ratio of the distribution will be one (1) share of International Energy, Ltd. for every ten (10) shares held of Transworld Oil & Gas with fractions to be rounded down.
ADVERTISEMENT
About International Energy, Ltd.
International Energy, Ltd. intends to become a worldwide company specializing in the extraction and production of oil and gas. The company's vision is to establish and enhance the company's foundation for future growth by developing properties that provide a balance between short and long-term reserves in both the oil and natural gas markets. Oil and gas-related activities will include acquiring additional properties with potential for development and drilling. The company will work to establish and maintain a significant inventory of undeveloped prospects. The company emphasis is on production, cash flow and reserve value, which will be attained by exploring for, developing, and purchasing oil and gas properties worldwide.
Dividend Search Results for TWOG
TWOG - Transworld Oil & Gas Ltd. Common Stock
Declaration Date:
-- Ex Date: 04/20/2006
Record Date: 04/24/2006
Payment Date: 05/01/2006
Dividend Type: Stock Div. payable in another company Dividend Amount: +stk
Notes:
+One restricted share of International Energy Ltd (OTC: ILGY
Who would buy now...after the cut off??? You really think, if these shares today at .01 will give you .06-.08 next week, there would be only 400k shares traded at the moment????? Millions whould have traded this week......LOL
Tom
Glad to see that some stupids are selling...The MM's are not going to let this run untill they have more shares....They may also have some shorts to cover first.....AJMHO
I am buying all I can of this "No Brainer of the Year". LOL
GLTA
Tom
I Think It Might Run In April Also
Oh, well, and I'll just keep accumulating. ;)
Many people think that since the record date was Saturday that it's over. I still maintain that Saturday's date means nothing and this will run during the second week of April.
Until either TWOG or ILGY put out a PR to clarify we will see it trading the way it is right now.
GLTA
Wally
They have really had a good time with this stock this morning. Managed to take it down so they could buy what they wanted.
Anyone know why this hasn't matched yet to its potential?
Good luck everyone!
Thanks Tom. I'll have to keep an eye on my Scottrade account. I'll let you know if anything turns up.
I haven't seen anything on the OTCBB daily list yet.
I just went back to look again at my transaction history. They charge me $20., several times a year when one of my holding merges, changes name, forward splits or reverse splits. They did it today again and show a code number that I yet to figure out......I am guessing they got the notice from TWOG/ILGY. They often do this in advance of the actual event.
Tom
What do you mean by the Re-org?
Its a done deal....etrade already dinged me for the re-org. Cut off next week and new shares by 4/15......
.02 will get you .06-.08.......Amazing how many just don't get it!!!! Do a little DD and see for yourself. Am I missing something here????
The MMs keep trying to shake loose shares but it isn't happening..They seem to want shares!!!
AJMHO
Tom
Why the huge arbitrage then? I think the market is saying this has a low probability of happening or TWOG would be at .08 or more by now.
ohiotom
Hard to believe that more people haven't caught on yet....FK 'em.
Oh they caught on alright!
good luck,
shortzie
Any idea : where TWOG goes now ?
Can you explain me in simple words (my english is not good enough) what will happen on March 25th ?
Thanks
rich...I haven't even looked yet...A dip today?? Hope I diddn't miss a good buy or sell opportunity...LOL We do have a no-brainer here for .05 -.06...Hard to believe that more people haven't caught on yet....FK 'em.
Good luck to us,
Tom
Hello
Just bought last week some TWOG..... What is your opinion about the future of this company ? Any idea
Thks
Bernard
When companies issue dividends the price of the stock goes up. This stock being only .02, and the parent company being .79; a 1 for 10 dividend will yield nice results. Even if the parent company goes down in price, there will still be people wanting to buy it over .20, which that is far away.
I have analyzed the charts using MACD, 32 MA, 50MA, and Candle pattern recognition software. This stock is a buy; mark my post and I'll mark where you can kiss my ass if you disagree because I don't care what someone says on a message board. My science works, its proven itself time and time again.
Good trading :)
sirenebekim- I traded this stock three times last year and learned all about it.
this is a scam there is nothing behind it. Do a little research on the two companies.. They are in bed together and they are selling shares.
Mark my post and check back in two months when your shares become worthless..
happy trading,
shorts
your name explains your opinion... SHORT you want it to fall! Try using a better name next time lmao
What you aren't getting is this is a scam....
1.Twog will now sell as many new shares into the market as they can because you believe this fantisy.
2.IGLY just did a reverse split of 1 for 1000. current trading price is .75 What do those shareholders benifit from all of this?
3. you will receive 1 share of ilgy for your 10 shares of Twog another form of a reverse split.
4. You will receive a new trading symbol for your shares of Twog.
5. the dividend should have all been done at the same time! That is both companies should have done the deal together. the way it was done allows TWOG to sell as many shares as posiible up till the converson because they will be consolidating. pretty trickey and down right dirty!
6. Once you recieve your one share for ILGY for your 10 shares of TWOG and begin trading it will be trading at .10 cents or lower.
Are you getting the picture yet?
Take your money and run for the hills before you lose another 90%
Mark this post if you don't believe me.
Happy trading,
shorts
Hi I'm new to TWOG
I'm a veteran with INSM, GNBT, and IDWD
I will be posting on here untill I sell my position.
Greetings everyone
Sirenebekim
IM in on the dip today! EVEN with the BS factor in play its going to .05
GLTA
Rich
That is what I thought but, I guess people are happy with the slight spike today
yes..but...ILGY is .60 by 1.10 with 100 shares traded?? We need to get this "new issue" moving to be sure our exchange is worth a lot more than TWOG. If the bid on ILGY drops to .20, right now it would be a " no gainer" instead of a " no brainer".....
I am long and holding and even added a little more at .022 since I think the promotion of ILGY has not begun yet and we all know how MMs love money.
AJMHO
Tom
TWOG
What am I missing with this announcement of the buyout? If you are to get 1 share of ILGY (currently @ 1.10) for each 10 shares of TWOG (currently @ 0.02), what is the catch? Shouldn't TWOG be trading for around 1.10/10 = $0.11 per share?
You and a LOT of other people....
If this goes over todays hight which is 3.2, I will buy 10 million comfertably
Yep..I am still adding with an avg pps of .013 now...hehe
A EZ .06-.08 no brainer and people are selling??? lol I am adding my butt off...
GLTA
Tom
Take your money and run folks.... After the conversion
(Reverse Split) You will be right back to square one.
Good luck to those that made profit today!
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