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Caspian Services, Inc. With a current ratio of 0,01 and a decreasing revenue on a YOY basis, this company has very bad fundamentals. With a growing debt and decreasing revenue and assets, this company is not doing well. With only some hundreds dollars traded daily, it will be impossible to sell your shares.
Looks like a pump and run
CSSV about to get some action.
O/S: 52,657,574 (a/o August 12, 2013)
http://www.otcdynamics.com/$cssv-caspian-services-inc-promotional-campaign-starting-may-22-2015-829-am-cst/
Good luck
Big news IMO; Caspian Sea gas consortium to buy half of Nabucco
4 minutes ago
(AP:SOFIA, Bulgaria) An international consortium developing a major natural gas field in the Caspian Sea has agreed in principle to acquire 50 percent of the company operating the Nabucco pipeline, a major project to bring gas to Europe.
The acquisition will be finalized in Vienna on Jan. 18, Bulgarian Energy Minister Delyan Dobrev said Thursday at a meeting of Nabucco shareholders. The remaining 50 percent will be split equally between the current shareholders, the state gas companies from Bulgaria, Turkey, Austria, Germany, Hungary and Romania.
The deal would breathe new life into the European Union-backed pipeline project, which aims to ship 16 billion cubic meter of Caspian gas from Turkey's border with Bulgaria to a hub in Austria by 2018.
Europe hopes it will reduce its dependence on Russian gas.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
CSSV getting some hits today
Next week is TBX and VM and SMA lol but I would be suprised if CSSV is any of them but I took a starter anyways.
weak, no action...just smacked the bid at .031 to get out for a small loss. Gotta stop trying to guess the next promo, almost never works out well.
still hearing some people say this is going off today.
Maybe TBX, maybe another promoter, but word is theres some awareness promotion beginning today.
lol well we'll see tomorrow morning!
They've been announcing that their releasing their pick this week, even saying there would be no delays yesterday on their twitter acct.
Will be interesting, keeping an eye on CSSV tomorrow.
This is the new tweet from TBX ~Our new pick is arriving SOONER than later! Keep an eye on your in-boxes! Could hit any time! We are VERY excited about this pick!
I seen the selling to keep it in the .03s would be a good starting point!What is the currant float on this one?
Could be TBX ~just on the loading alone but no email I'm finding saying its the pick!
Lots of eyes on this one not sure if it's TBX but I guess we will
See in the A.M..
I will watch it also.. Could also be one of those spam mailers.
lots of hype on this being TBX's new ticker tomorrow...lets see how she trades in the morning...if I see some blocks going off I'll take a little starter and see how it plays out.
WDCO is providing .03 support atm CSSV
Yeah .03 seems like good support there...worth holding onto, potential TBX ticker tomorrow morning
Im thinking at this point it was a fakie but who knows my .03s arent in poor shape so I am holding to see whats up
These are always a gamble when you try to beat the herd
Well what you thinking here Troy?
Looking controlled and boxed in now .03-.034
CSSV
lots of buzz on skype from the smaller newsletter runners......never buy until you confirm the pick with your own eyes.....
yeah just watching, waiting to prowl on confirmation...but don't see TBX releasing a pick this late in the day. What made you say "It's TBX!" though?
don't buy until confirmation....
says who? you get an email? if so, please post...
ah ok gotcha, thanks.
Meant ask - he is at .03 bid and .35 ask.
Thanks but did you mean bid?..lowest ask right now is .037
WDCO at .35 on ask.
on watch...WDCO still here? (no L2 today)
CSSV .05
CSSV .049 now
Some blocks going im in
CSSV L2+Last_Sale show this one is just about ripe :)
Unbelievable that Caspian is valued at about .03/share, looking at those financials. $4.4 million in Q1 this year. Obviously the net losses are hurting them, but still... $.03? Seems like this is a good one to get in on at these levels, since it doesn't seem to want to go much lower...risk/reward seems pretty favorable to me!
Anyone find it odd that WDCO is both on the bid and the ask?
Looks like I got the last of the .03's this morning!
With this much volume accumulated this month something is up. This one will probably go big. I'm just gonna wait it out.. I'm very comfortable holding this stock
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Caspian Services Inc.
257 East 200 South
Suite 340
Salt Lake City, UT 84101
United States - Map
Phone: 801-746-3700
Web Site: www.caspianservicesinc.com
Caspian Services Inc.(CSI, the Company) is a recognized leader in the Republic of Kazakhstan for providing quality, cost effective solutions to a number of the challenges inherent in Kazakhstan’s oil industry. CSI offers a growing slate of services to oil and gas exploration companies operating on land and is a recognized industry leader in Kazakhstan’s offshore marine services industry. Currently, the Company’s major emphasis is on the developing offshore oil industry and its related infrastructure requirements as well as the provision of marine and land based seismic services.
Since its inception in 1999, CSI has grown from a single marine vessel service provider into a diversified service company with a headcount of over 500 employees engaged in three distinct service lines:
• Offshore Marine Services
• Seismic Acquisition Services
• Infrastructure Development
The Company provides offshore marine services through Caspian Services Group Limited; seismic acquisition services are provided by Caspian Geophysics Limited and its two subsidiary companies, Tat Arka LLP and Kazmorgeophysica with infrastructure development assets being owned and operated by Caspian Real Estate Limited.
Caspian Services Inc. has organized its businesses in such a way as to effectively deliver the support services required by oil and gas exploration and development companies. The energy companies operating in Kazakhstan’s oil industry have highly technical needs and that are immediate by nature. Caspian Services Inc. is well positioned to meet those demands by delivering a track record of performance ‘on demand’.
The company’s subsidiaries and interests have their own unique markets and specialties in the region. Together they make Caspian Services Inc. the leading multi faceted service company in Kazakhstan’s quickly evolving oil industry.
Investor Enquiries | ||
Email: invenquiries@caspianservices.kz |
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The Republic of Kazakhstan has attracted significant foreign investment and interest of late as a result of its substantial hydrocarbon potential. With 7-9 billion barrels of recoverable oil being attributed to the Kashagan discovery alone it is easy to understand the excitement. However, Kazakhstan’s north east Caspian waters are extremely shallow and place a significant premium on the need for a shallow draft fleet and the experience to manage and operate one.
With a fleet of 15 shallow draft vessels ranging from accommodation and work barges capable of entering waters as shallow as 1.7 meters to marine seismic source vessels capable of working in waters 2 meters deep, Caspian Services Inc. is at the forefront of the industry in the Republic of Kazakhstan. Every vessel in our fleet meets international safety standards as well as the demanding environmental standards of the Republic of Kazakhstan. Our crews include some of the most experienced sailors in Kazakh waters and our senior management understands the demands and expectations of the oil and gas industry.
CS Marina | Sara Maatje Elf | Sara Maatje XII | Caspian Spider |
Caspian Kyra |
Geophysical Services
Tat-Arka LLP | ||||||||
Global oil supply and consumption concerns have again placed a high premium on seismic services and their role in securing new reserves through new discoveries. Caspian Services Inc., as part of its portfolio of services, is at the forefront of this industry in the Republic of Kazakhstan through its two subsidiary seismic companies, Tat-Arka LLP and JSC Kazmorgeophysica.
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Infrastructure Development
Bauta Water Desalinations Plant | ||||
The Port of Bautino has grown significantly in importance over the last few years as a result of the offshore oil finds in the Kazakh sector of the north Caspian Sea. The port is of strategic importance given its proximity to the current offshore development and the fact that it is the most northern naturally ice free port on the Kazakh coast line in the winter. By virtue of this double geographical blessing, the Port of Bautino has become the staging point for the oil industry in the busy summer work months as well as a safe harbor for vessels in the winter months when ice covers the north east Caspian.
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Marine base development | ||||||
In 2005, through its subsidiary Balykshi LLP, Caspian Services Inc. acquired a five hectare (approximately 12 acre) parcel of undeveloped real property located in the port of Bautino, on the Caspian Sea. The property is a safe harbor for vessels in the winter months, when ice covers the north-east Caspian, and is an ideal location for a marine base. This base will offer support services to the vessels currently working the waters of the Kazakh sector of the Caspian Sea. The company completed feasibility studies, environmental and social impact surveys and facility designs for the base. These studies and surveys were all reviewed and approved by the relevant Kazakh authorities. In November 2007, the company received construction approvals for the first phase of works, including earth works, break water and dredging.
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New 12/18/09 CSSV Marine Base slideshow
http://s751.photobucket.com/albums/xx158/spec_machine/CSSV%20new%20marine%20base%202009/
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