Far East Energy Corp. (fka FEECQ)

[trading.jeff]

I had only $100 in this POS. I guess the $100 is down the tubes to be lost forever.

[integral]

The time has come.

[Renee]

FEECQ revoked:

https://www.sec.gov/litigation/admin/2017/34-79973.pdf

[LouisDesyjr]

Why people still buying?

If you look, it is only like 10,000 shares or so that traded at $0.001, so we are talking $10 worth.

The company lost their license for the oil rights they had. So now there is only a lot of liabilities with no assets. There is some kind of E&O insurance that apparently is paying off, but that will go towards the debt. The common shares are in line for zero, along with the unsecured creditors.

The reasons:

1: Some people do not know any better. They have no idea what the company is worth and do not understand the Chap 11 process.

2: Some people may be painting the tape. With the price and volume so low, it is possible to make the price jump with small buys. The hope is that if you accumulated a block of shares in the past weeks, and then can make the price jump, you will fool the retail market into thinking that something is going on and get the muppets to pile in, at which point you unload your shares for a profit.

3: Many people are just holding because they are down so much already. I think a number of people figure that there is no point is selling to get what little they can, with the hope that something happened and they can get more at some point. That is why I think the number of shares on the ask is so low. There are only 10,000 on the ask, and 10,000 on the bid at $0.01/$0.02.

Louis J. Desy Jr.

[D1G1T4L]

sure, I'll sell you my 1.7 million at a discount for .001

[Sorny]

i am a beginner at this and i own this stock...Could someone tell me is there a chance it could get out of BK or ??? why are people still buying it??

[ChartMasterpieces]

Somethin's up

[integral]

That is what I thought, thanks.

[Renee]

Imminently, Integral.....ticky tocky.

[integral]

When do you anticipate the 12(j)?

[Renee]

SEC Suspensions are for exactly 10 market days. After the 10 day Suspension expires a stock can trade on the Grey Market.

When a stock is suspended for Financials / Filings delinquencies it is a 100 % surety that the stock registration will be revoked and the stock would cease all trading. Consequently, Brokerages are hesitant to allow BUY orders with the risk of revocation during the 3 day settlement rule where the Brokerage would have difficulty completing the BUY transaction, unless a BUY order can be instantly matched to a SELL order within the same Brokerage between clients.

[D1G1T4L]

No longer suspended I don't think. Grey market.

[Pocket9s]

How is a suspended ticker moving?

[trading.jeff]

$FEECQ The share price is up 900%!! We're RICH...NOT!!!

[Pocket9s]

How did shares trade yesterday????

[trading.jeff]

$FEECQ Down 95% to .00001. No bid is coming.

[runncoach]

You got the "forever" part right lol.

[LouisDesyjr]

Exact day

With the liquidation process, there is no exact timeline or exact ending date. The only date that was definite was that anyone with a claim had to file by 05/31/2016. After that it is how long it takes the trustee to look at the case and do the work plus sending out any required notices. It is not unusual for the process to take months, but at some point all of the work will be done, the liquidation proceeds distributed, and that will be it. At that point a final distribution report will be entered on the docket and the shares cancelled.

If this was a Chapter 11 proceeding, then it would be much easier to tell when the end would come, since there would be an court date announced for the confirmation of the plan, after which a ten (eight?) day appeal timeline would run, and then the court would enter an order with the effective date; at which point the shares would be canceled.

Here in a chapter 7 proceeding, there is no definite timeline, but it does not really matter since earlier messages mentioned that the trading in FEECQ has been suspended for lack of reporting.

While in theory one does still own shares and could trade them off of the exchange, it is hard to believe that anyone would buy shares in a company that no longer trades and is being liquidated with nothing expected for the common shares.

Louis J. Desy Jr.

[runncoach]

Doubt it Jeff lol. We all knew how this one was going to play out unfortunately. GLTA

[trading.jeff]

Good thing I have only $100 invested in this dog. $FEECQ

[integral]

The company will have its registration revoked, and it will be "Symbol Not Found"

It wont be long until the judge orders the equity cancelled.

[trading.jeff]

I wonder if we'll still hear how there are no more sellers at .0001/.0002/.0003 and it's time to start hitting the ask which has thinned out. lol

$FEECQ

[pennystock_es]

what a mess ...

[Renee]

FEECQ SEC Suspension for Financials / Filings delinquencies:

https://www.sec.gov/litigation/suspensions/2016/34-79141.pdf

Order:

https://www.sec.gov/litigation/suspensions/2016/34-79141-o.pdf

Admin Proceeding:

https://www.sec.gov/litigation/admin/2016/34-79142.pdf

[ToyotaMR2s]

FEECQ suspended

[Value_Investor]

When will FEECQ go to zero as someones have speculated since 11/10/2015 (the CH7 filing day)? Did any CH7 court document show the exact date to cancel all the common shares here? Is there any hope for the FEECQ shareholders?

[Value_Investor]

Total 126,009,845 shares sold at 0.0002 since FEECQ first hit 0.0002! Also 121,976 shares manipulated at 0.000001 ~ 0.00001 (which is 99% ~ 90% below the Real Bottom price 0.0001) so far!

0.99M-0.0002 x 4.474M-0.0003 now. The next two asks are 253K-0.0004 and 8.809M-0.0008!

It looks like FEECQ may stuck at 0.0001 ~ 0.0002 "forever", LOL!

[Value_Investor]

I doubt any existing big shareholders (who own millions or more FEECQ shares) would liquidate their positions at 0.0001s when they realize no more big sales at 0.0001s except some fractional 0.0001s like yesterday! Of course some frustrated shareholders might cut all their shares at 0.0001s in order to take the year-end tax-loss sales...

Let's see what will happen first in the coming days: big sales at 0.0001s or big buys at 0.0002s or even 0.0003s?

I wish those 0.0003s ~ 0.0005s move down to 0.0002s or 0.0001s so that FEECQ could easily bounce up after the remaining weak hand's final sales! This hidden gem has already stucked within this narrow trading box for too long.

[trading.jeff]

no more bottom 0.0001s since almost all the weak hands and flippers are out of shares now!

This was said at .0002 and .0003, too.

$FEECQ

[Value_Investor]

As I told everyone here there is no way to steal any FEECQ Bottom shares at 0.0001 except some minor fractional shares (total 4,250 shares today)! 0.0002 is the lowest price to get in before FEECQ breaks up 0.0007!

Any investors with right minds would not sell FEECQ at 0.0001!

[MinnesotaWolf]

The volume on this is nothing short of pathetic. How is this not at no bid yet?

[Value_Investor]

FEECQ is down 39.58% so far! 16.001M-0.0001 x 2.755M-0.0002 now. The next ask is 3.864M-0.0003, then nothing till 10K-0.045!

As I can tell no more bottom 0.0001s since almost all the weak hands and flippers are out of shares now! 0.0002 is actual Bottom price currently unless we see another round of big sell-off at 0.0001s...

If I have $551 cash on hand then I would slap out those 0.0002s today since they are too cheap to miss out!

[Value_Investor]

I had already bought near 20M shares of FEECQ at 0.0007 ~ 0.0002 and no any luck to steal any 0.0001s yet! My cost base is still above 0.0003 but below 0.0004. Should the ask drop to 0.0001 I would add more shares at 0.0001s to lower my cost base... I've already bought enough 0.0002s and 0.0003s to average-down. Now only those 0.0001s can lower my cost base significantly which is I'm waiting for! Would you consider to take out those 6.34M shares of 0.0003s? Breaking-out the 0.0003s will trigger the 30-Bagger+ Huge Rally for FEECQ just like one non-reporting peer did yesterday: bounced from its bottom 0.0004 to the new high 0.0017 after it broke up the strong resistance 0.0008!

[greekgal72]

i dont have the funds...why dont you buy more since there so dirt cheap?

[Value_Investor]

0.0002 x 0.0003 for almost the Entire day of yesterday but no any sale at the bid at all, so 0.0003 is the lowest price to get in FEECQ now! LOL, Where is the so-called 250M shares of slapping action up to $0.1 per share or 25M shares of buying-at-the-ask action? It seems no more Slapping action here! Therefore those year-end tax-loss sellers could only sell their shares at the bid before 12/31/2016...

[Value_Investor]

As you could see last Friday I had placed total 3M shares at 0.0002s but no any fill at all. So I did withdraw my bidding order at 0.0002. Now those dirt cheap 0.0003s are significantly reduced to 6.37M shares from the previous 9.65M ~ 12.85M shares! Therefore now it is the best time for us to slap out much thinner 0.0003s in order to trigger the well-overdue 30-Bagger+ Huge Rally for FEECQ...

[trading.jeff]

I see plenty of .0001s, roughly 16M. What I don't see is ask slapping, even a little.

$FEECQ

[Value_Investor]

No more 0.0001s! No more 0.0002s! 16.001M-0.0001 x 8.095M-0.0003 now. The next two asks are 1.666M-0.0005 and 10K-0.045! FEECQ is ready to soar and we just need to take out those dirt cheap 0.0003s to trigger the well-overdue 30-Bagger+ huge rally...

The similar-asset-scale Q peers are trading at $1M or higher Market Value now v.s. FEECQ is trading at the joke low $0.069M MV currently! Hyper Undervalued now! Hyper Oversold!

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10285436

One Q peer had already soared 27-Bagger from 0.0005 to 0.0135 with much higher SS (447,997,709/1,000,000,000 shares OS/AS) and much much lower Assets Value ($10.853M) most recently! To match the Same MV --- $6.04M, FEECQ (346,222,370/500,000,000 shares OS/AS and $77.812M ~ $109.616M Giant Assets Value) will hit the New High 0.0175 which is 175-Bagger Huge Investment Return from the Bottom!

[Value_Investor]

Today is the best time to steal those dirt cheap 0.0002s! 16M-0.0001 x 4.51M-0.0002 now. The next ask is 2.965M-0.0003, then 1.666M-0.0005 from Hyper Thin asks of Level2! FEECQ is ready to soar with some Slapping actions at 0.0002s ~ 0.0003s...

[Value_Investor]

The bids size is 54 Times of the current asks size!

Seven MMs at the bid v.s. only one MM at the ask!

We should see 0.0003 again very soon since only 510K shares left at the dirt cheap 0.0002s now...

[trading.jeff]

Wasn't $FEECQ up 200% for much of the day until just a few minutes ago?

[Value_Investor]

FEECQ is Up 100% so far! 27M-0.0001 x 0.5M-0.0002 now. The next ask is 7.3M-0.0003, then 253K-0.0004!

I wish to see more Slapping actions at 0.0002s and 0.0003s like we did this morning...

[Value_Investor]

I'm bidding 3M shares at 0.0002 today as I promised yesterday! Total 8M shares at the 0.0002 bid v.s. only 7.5M shares at the 0.0003 ask now! FEECQ is up 200% so far and easy to test 0.0007 again... The next asks are 253K-0.0004, 1M-0.0005, and 10K-0.0010, then nothing above 0.0010 from the Thin asks of Level2!

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10285436

One Q peer had already soared 27-Bagger from 0.0005 to 0.0135 with much higher SS (447,997,709/1,000,000,000 shares OS/AS) and much much lower Assets Value ($10.853M) most recently! To match the Same MV --- $6.04M, FEECQ (346,222,370/500,000,000 shares OS/AS and $77.812M ~ $109.616M Giant Assets Value) will hit the New High 0.0175 which is 175-Bagger Huge Investment Return from the Bottom!

[trading.jeff]

Someone just tapped .0003s, all of $24 worth. This was preceded by a couple of taps on .0002s for all of $4 worth.

Anyway, nice to see .0003s hit.

$FEECQ

[Value_Investor]

Very sad today for FEECQ! 3M shares dropped to 0.0002 ask but no any Slapping action at all --- nobody wanted to take out those dirt cheap 0.0002s (3,010,000 shares)! It seems the only way for the existing shareholders to sell their FEECQ shares is: sell at the bid 0.0001 (total 16M shares)! Will you still plan to buy 250M shares or 25M shares of FEECQ at the asking price till 0.1? TIA!

I'm currently stucked with another stock and all my cash fund are tied over there. Once I sell out that position at profit I would definitely buy at least 3M shares of FEECQ at 0.0002s... Any slapping action plan?

[greekgal72]

if your so positive on feecq dont you buy 50mil shares?at .0002?...your not helping at all.just saying

[trading.jeff]

Let's take out those 0.0002s...

I don't see any hits on the .0002s, yet.

$FEECQ

[Value_Investor]

16M-0.0001 x 3.01M-0.0002 now. 3M shares were moved down to 0.0002 today from 0.0003 which is veru good for the upward movement!

It is time for us to Slap those dirt cheap 0.0002s, folks! Because 0.0002 was the previous Bottom or All-Time-Low price just a few weeks ago...

MMs are playing the game with FEECQ! Let's take out those 0.0002s since 0.0002 is the Only technical resistance which is both 50-Day MAL and 200-Day MAL...

[Value_Investor]

All the weak hands and flippers here, sell FEECQ at the bid 0.0001 ASAP before the bid drops to Zero since it already hit 0.000001 and 0.00001 respectively...

[Value_Investor]

FEECQ is down 50% so far! Is it a "worthless security"? 0.0001 x 0.0002 now. No more Slapping action at 0.0003s! Sell at the bid ASAP to avoid 0 x 0.0001 or 0 x 0.0002...

Where are those investors now who were going to buy 250M or 25M shares of FEECQ at the asking price?