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Thank you.
Is this thing halted, or are there just no shares available?
Anything you can share...a link..would be a great help
I don't think that the changes made and going current is all for nothing. Is there any material here to work with..I agree...No...but doesn't mean they can't or won't run it...
Just my opinion
This is another article about the deal
http://www.globes.co.il/en/article-delek-group-to-drill-in-gulf-of-mexico-1001218543
I would agree. I don't think delek wants to be held hostage by anyone. Especially if they are going to invest upto 20 percent stock purchase of a company. They need an operator to operate and get then returns on their investment.
I meant it from this perspective, cannaccord is a vulture. They pick up shares on the open market at a low price, and they offer it up to some group at a hefty price. I have see done with them on the Canadian side of the market a lot.
I was not suggesting the company would do a private placement. They have Delek and its funds. I was merely stating some mm's maybe taking advantage right now and manipulate away for a hefty gain. Its obvious at this point, this has been held down since Friday. I do not think they are short that much. Pre-loading is what I think.
We will find out soon enough
I bet we will see, Cannaccord Genuity purchases 20 million shares, and they will place it a higher price, for a private placement or some none sense.
Cannaccord is the king of loading up for someone.
Only a good sign, but have to wait it out and see...
9 cents, This is funny, they are pretty desperate for shares...
Exact same none sense today, 100k CSTI.
We need an update from the company, and an investor call. I believe this will come in due time, probably end of Jan early Feb.
Then we will have a correction. Its clearly being manipulated at these prices. No point it watching the show, the fireworks have not started.
Anyone been in contact with the company as of late?
I don't think it's shorting. It would be ridiculous to short this with today's new. I think it's either covering or warrants or loading
I think they are taking turns to cover...
CSTI PUMS ETRF
So far today's new made it go up 2 cents and now up by only .7cent
They started this on Friday and continuing it today
It took only one million shares to go up from 6 to 10 cents....and now we are at 8 million shares and not moving...
A little time and this will pop...deal is signed
I am skimming through this quick so, I don't have the full picture but, this is what I was referring to
Upon maturity of eight of the eleven promissory notes in June 2017, the Company issued 3,225,000 extension warrants (equal to 25% of the original warrant amount) to the holders of the notes to extend the terms to January 15, 2018. The Company evaluated this modification including considering the fair value of the warrants issued and concluded that extinguishment accounting was required as the present value of future cash flows from the new note, including the fair value of the warrants issued to extend, exceeded the present value of future cash flows of the old note by more than 10%. The fair value of the warrants was deemed to be $50,701 and such amount was recognized immediately as a loss on extinguishment of debt. The fair value of the warrants was determined using the Black-Scholes option pricing model.
Yes and some have had extensions until Jan 15 2018. So this will move shortly. As for The R/s I am not sure about it. Its possible to move forward without and uplist but I don't know what the company has in plans.
Thanks for the info...
If warrant holders are selling, then we should clear this in one to two weeks. How many warrants can there be if we are trading 2 million shares plus a day?
Time will tell. The good news is we have a deal.
Slow and steady we go up.
It will get there on its own, don't think we need a split here.
Just need to let some of the mm's off the ask. That 100K or so on the ask still there after 1.8m shares today, and Fridays 5m shares traded. That's one resilient 100 block on the ask. LOL
Yes great news, interesting trading...interesting blocks on the ask...
Someone is accumulating for sure. I think the partners already have a deal. I can't see them buy on the open market. Either a set price from the company if the deal goes through or they will buy the remaining outstanding shares not in the float.
I can't see them announce a deal ...let the price go up and then buy upto 20 percent of the company on the open market.
We will wait and see....but so far it's looking good. Near 10 cents pre-news. Should fly post news. Finger crossed no delays
Who knows...lets see what they come up with
Happy New Year to you too...Fingers crossed on GSPE.
A 777 close...is this a sign?
Nice move today.
U don't have to call my leakage issues out publicly...it's embarrassing
Lol kidding. ..looks like something is up...fingers crossed we get it done. ...soon
Movement
At the moment unfortunately it looks like it.
I was expecting a lot more than a delist
Been here for about 3 yrs. I don't post as much as I have been over exhausted on this wait. But this is the closest we have been to anything real.
Just need them to do something so we can attract more attention.
Very nice, bids should keep building through out the week...
My honest opinion is not a lot of people know about this company. Its exposure is probably limited to 50 investors.
If and when they get this deal signed, everyone will get on board. Oil company under a dollar in the prolific gulf of mexico. These prices are a steal....Look at their presentations on their website. Lots of oil here at play at a break even of 20-25 dollars per barrel. Oil prices double that now.
First things first, this deal has to go through. Some of us have been waiting for a long long long time....
Happy New Year to everyone here.
Jan 8 is fast approaching. Let's hope this deal is done by then and no more extensions so we can start the year with a bang.
Fingers crossed.
Im ready, lets see what they will bring....
Another update...seems like they are trying to start this one up with thee frequent updates
https://m.facebook.com/story.php?story_fbid=1982770691970464&id=1928972030683664&__tn__=%2As%2As-R
Fingers crossed this is the last extention...3 months waiting on this....who knows they may tell us before Jan 8th but that can be wishful thinking on my part
We be making money move....
Nice uptrend today...loving this
Thats playing it right i suppose. We are here to make money....pinks are all the same to me...if this moves i am happy. Im not gonna tell anyone that this or other tickers are legit or not legit. Everyone invests on their own will.
Good luck to everyone and have a merry xmas and happy new year.
We may have a runner here in 2018 if they play it right
I would retire tomorrow morning if that happens
An untapped market. Can be big
Im waiting for first couple of weeks in Jan to add some more. Right now it's all holiday shopping funds..
2018 should be spectacular for us
I agree. .extension is positive. I mean it's a few months or weeks is not a big deal. They clearly dont want to let the deal slip.
Time to sign a deal before they lose their leases. Oil is up from where it was last yr...so everything is moving in the right direction. Just patience...I mean more than we already have i suppose.
All the best to you and your family as well.
Your probably correct, but something is up here, that Facebook was updated a few times in the last couple of months, slowly volume is creeping in...
I mean it has had no heart beat in over a year, this last month, is a lot of activity, relatively speaking. Something is up. I am sure the company has something up its sleeve, fake or not...
Has anyone checked otcmarkets lately. Has it been updated. What's this payooze app?
Is this his crypto app? I can't find too much positive on it...
Clearly no raptor fans here...