Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
* FTXP - they (OTCX) are deliberately killing momentum
it's all over level 2.
For example, when a 6 mil buy went thorough earlier today, they matched it with a tiny 0.0004 sell 6 seconds later.
This has been going on for almost 2 weeks now.
This kind of blatant manipulation should be illegal.
13:40:59 300,100 0.0004 (sell)
13:40:53 6,000,000 0.0005 (buy)
I'm watching L2 data; you're misinterpreting it.
The dilution and buys are not related in the way you're suggesting.
* FTXP - all the 0.0004 sells are being closely matched to 5 buys.
Usually, any 0.0005 buy is followed by a tiny 0.0004 sell.
It would appear the main objective of the 0.0004 sells is to prevent any upward momentum from building...
Very dirty games being played here at the expense of shareholders.
That's 100% what I'm wondering.
Why are they floundering? It doesn't make sense. If the asset has oil, their floundering makes no sense.
If the asset is dry as a bone; their floundering makes sense.
As it stands, they've stated publicly they are looking for permits for drilling within 3-6 months.
Meanwhile, in the offering, it states even if they sold the entire offering at maximum price...they'd not have enough to start their WRB project. That's what's stated in the offering. They will not have the funds.
Why are they trying to solo fund the project? Doesn't it make more sense to lease the ground and be paid royalties?
See....I don't think there's a damned thing in the WRB. I think it's dry, and that's the only scenario where their actions make sense.
Agreed.
All OTC suck, but they definitely are on a lower level than most.
You didn't know what was meant? Is that what you are honestly stating?
You buy a barrel of oil, not gas.
it's simple economics actually. The cost to workout an abandoned, capped, or shut-in well is approximately $10k-$50k. The cost to drill one well is well over $1million. Several 5-10Bpd wells or one 40Bpd well? At a minimum, you would have 100Bpd of production for the same cost as one new drill.
Shareholders have single-handedly bailed them out their previous ineptitudes and certain bankruptcy and they have no sense of urgency or feeling of fiduciary responsibility to provide any value at this juncture.
Take a look at some of their previous “promising” projects. All of them have either been entirely underwhelming or the deal fell through due to financing or some other BS. Their actions right now are very telling.
They’re floundering at a time when they could be one of the best opportunities in this market.
Management needs to lease out WRB to a company that can drill in agreement of royalties to be paid to the company.
Personally, starting to wonder if WRB has any oil at all, or if it's just some bullshit they push.
If WRB had oil, I do not believe it would be hard to make an arrangement with a large company to come drill it.
However, if there is no oil, then the company is using false pretenses to make this offering and will dismantle shortly after/become unresponsive to investors/otcmarkets.
If this company is to succeed, it is most assuredly during these favorable times for their business. If they can't pull it off now, they will never pull it off.
It hard to be much more pathetic than FTXP's management. I would guess their next PR will be some LOI. Too bad, I had hoped they were being honest.
It's not insanity and at this point you should know 100% what's up.
They will dilute over 5 BILLION shares. The price range they are doing this at is between 0.00035 and 0.00105 as per the filings.
Until those shares are provided, this is soft locked at it's current price range, and the current price range makes 100% sense given what's occurring.
You should not expect any significant movement until those shares have been distributed.
5 Billion shares is too much to eat through and surpass with a run. If we pushed this up to $0.01 over a day, they'd refile and pour those 5 billion shares onto the run, turning it into a crash.
Ultimately, all companies suck in OTC, and runs happen despite companies, not because of them. It's a fair assessment that this company is trying to profit off investors not their business. With a market cap at around 6 million though, a medium sized hit could go extremely far.
The only somewhat good aspect is WRB project. That is a company maker...but I fail to see them pursuing it with any sort of aggression.
this stock is a share selling scam
price of oil can be 5000$ and this would still be junk
that is how scam operates
This ticker needs a good kick in the butt!
Struggling to stay above 0004.
FTXP!!$$$$$$?????????????????????????????
* FTXP - OIL is going back up and OTCX is selling at 0.0004.
This is insanity
Now that you point it out, why haven't they reported the results? They claimed it was good briefly, but then said nothing at all on the subject.
IMO drone/reworking old wells is a waste of time. You go for the big hit in WRB, which they have stated holds over 300 million profit with gas at less than $50 per barrel. It's now over double that.
The total pull from WRB should be over 2B in oil, 600M in profit.
Going for chump change tells me they are either too afraid, too incompetent, or they were too deceitful in the amount of oil in WRB. There is no reason not to go for the pay layer.
Good business owners know how to target the cream of the crop. They know what their bread and butter is. They may refuse to put something in their store because the space it takes up isn't worth the profit they'd get from it. What that means is, the best of the best, don't worry about small change, they find out what their big winner is, and they push it.
Last presentation they claimed to be looking to get a permit for WRB. This is good news if they follow through. Biden (officially) allows permits again after political posturing. 2022 set FTXP to be the biggest powerhouse on the OTC with potential to hit amounts that are absolutely insane given the current price. 0.10 or higher isn't out of the question...if they drill successfully. 2022 literally set FTXP for a grandslam - lets hope they don't sit on their thumbs.
It's also worth noting that financials need to be updated or nobody will be trading this stock. On the other side of all the great things that can happen, is that they can refuse/fail to put out financials, which will leave us in a non-tradable position.
This ticker has not done or shown anything that will move this up!
Nothing news from conferences have done nothing. Results based info has been missing. That's why this is slowly sinking.
Hope & plans are worthless after all the fluff PRs in the past.
RESULTS! That's what will move this!
GLTA!
FTXP!!$$$$$$$$??
lets get it past .0009 first.
FTXP is positioned to move quickly. Good luck to those waiting on .0003
There is only one thing that needs to happen here...Production!
Im not saying it cant happen. Anything is possible. And for anyone holding long, i hope it does happen. Im not patient or trusting enough to see the bright side. If there's heavy volume, i hope they let it run for once rather than continuing to take advantage of volume by shedding billions more shares. It all hinges on dumping and the trend was not in my favor. If management didnt say they were going to raise OS by up to 5 billion to raise capital, I might have held on. This had way more potential last year and doesnt seem like management knows how to make it happen.
* FTXP - I would keep a close eye on OIL
$HUSA on the NYSE made a 10-bagger move with ~ $2 billion traded on March 7, the first oil peak.
I've seen people argue that HUSA did nothing to justify that move.
Or let's talk sub $1 and $CEI, it traded ~$1 billion on Mar.7 and another $1 billion traded on Mar.8.
Again, people arguing nothing justified that move.
But they moved big regardless.
Interestingly, the first OIL wave didn't spill over into OTC (OILCF did double, but MDMP, AUNXF, EEENF, XFLS, HNRC didn't)...
but a 2nd OIL wave could...a rising tide lifts all boats.
I would argue that the 2nd big OIL wave is already beginning and could surpass previous highs in a couple of weeks
If it spills into OTC, FTXP will skyrocket...there is no reason that FTXP doesn't see 0.01 or 0.02 on a big OIL spike
Is FTXP "oil" though? Like the kind of company that is bringing in large volumes of oil? Oil that would offset the 11 Billion and growing OS and 20M debt?
I get they have Wind River, but before it gets drilled if ever, why would this deserve to move on sector trend, as if they're a player.
Jarvis is decent at stuttering thru that shitty powepoint tho, seemed to generate enough interest so the noteholder could bury us more.
Man i this management. Glad i took loss. Its sad, but at least i dont feel trapped. I can make more bad decisions elsewhere.
* FTXP - Oil is the new "OTC Feb.2021" when every OTC shell ran
including the 300 billion O/S HCMC, which ran to 0.006.
Look at INDO, ENSV, HUSA, MARPS, NINE, CEI, USEG, they all ran 300-1000% on very high volume.
I believe oil will go higher in the next few weeks and this time, all the OTC Oil stocks that didn't run on the first round, will run.
It helps that the OTC itself is heating up and trips are being bought up left and right.
It would take 2 days of 3-4 billion volume for FTXP to pass 0.01.
All the talk of dilution completely ignores the fact that FTXP's sector (OIL) is on fire right now and trips are once again starting to have multibagger runs.
Probably wise not to expect anything from this until the offering is complete.
It will take 2 million dollar at 0.0004 to eat up this offering and we can get back to trading normally.
----------------------------------
That said, I'd be extremely sus that they will not pay off their loans. HERE'S WHY. They claim the loans are fixed rate, but they are not.
Every loan they took from the labrys fund had a little asterisk next to it that said something akin to..."price @ amount unless future leans have more favorable terms" - which then their own future loans to the company were on favorable terms.
TL;DR - There is a very real case to be made that the fixed rate loans are actually fixed at a very low rate rather than the reported rates. They claim to have loans at 0.0055, however, they also have terms on their loans for 0.0010 which is way more favorable, and with proper argument, even though it's themselves who got the more favorable term; they can push all the loans where shares are priced at 0.0055 down to the lowest term agreement. (The lowest terms of their loan will be what each and every one of them follows despite saying higher rates).
Only select few will understand what I'm saying, but this is really fucking important, because Kevin said only fixed rate at a higher price, but is so stupid, he turned around and gave them loan terms where they aren't fixed rate.
Another nothing week goes by.
Maybe next week, this ticker comes put of its shell.
GLTA!
FTXP!!$$$$$$$??
FTXP 0.0005 - Targets 0.0008 / 0.0011 / 0.0050 / 0.0070 / 0.0080
Targets 0.0008 / 0.0011 / 0.0050 / 0.0070 / 0.0080
http://www.allotcbb.com/quote.php?symbol=FTXP
I'll Alert you of stocks to Buy,
before the Run happens !
________________________________________________________________
FTXP Security Details
Share Structure
Market Value1...............$5,173,313 a/o Mar 18, 2022
Authorized Shares..19,975,000,000 a/o Mar 14, 2022
Outstanding Shares.10,346,625,597 a/o Mar 14, 2022
-Restricted.....................127,646,555 a/o Mar 14, 2022
-Unrestricted.............10,218,979,042 a/o Mar 14, 2022
Held at DTC.............10,217,973,842 a/o Mar 14, 2022
Float............................8,725,979,042 a/o Nov 15, 2021
Par Value 0.0001
https://www.ldmicro.com/profile/ftxp/news/8918540128508103
https://www.ldmicro.com/profile/FTXP
http://www.allotcbb.com/quote.php?symbol=FTXP
https://otcbb.swingtradebot.com/equities/FTXP:OTC
https://walletinvestor.com/stock-forecast/ftxp-stock-prediction
https://www.otcmarkets.com/stock/FTXP/security
https://www.otcmarkets.com/stock/FTXP/news
https://www.otcmarkets.com/stock/FTXP/disclosure
________________________________________________________________
August 4, 2021 - 5:25 AM PDT
https://www.otcmarkets.com/stock/FTXP/news/FOOTHILLS-EXPLORATION-INC-ANNOUNCES-CORPORATE-UPDATE-AND-COMPLETION-OF-REQUIRED-DOCUMENTATION-FOR-THEIR-PINK-SHEET-CURRE?id=314728
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
* FTXP - finishes the week at 0.0005 x 0.0006
Annual financials out soon
Whoever it is, they ain’t getting my 50 M free shares! Dumbasses just need to let this thing run.
—$FTXP
You can sell diluting 300k at a time.
If they sold everything at once, they'd have like 5 billion shares sitting at 0.00035 ask. It would likely look like 0.0004, but when you bought it, it would be 0.00035 because that'd be where the shares are sitting.
They taper sales so that if the price were to organically rise as they were making their offering, they'd be able to sell at the higher prices (Until they got to their max [0.00105], then they'd need to amend the offering TMK).
* FTXP - so far today…18 trades, about 300,000 each, at 0.0004 bid. $2100.
These paint jobs make an otherwise nice day look ugly instead.
Someone is going to a great deal of effort to make FTXP look as bad as possible
* FTXP - there is 471 million on bid at 4
Only OTCX is selling 300,000 share mini-blocks at 0.0004.
Why?
Why not sell the entire 471 million bid?
This is manipulation. You can’t dilute selling 300,000 at a time. That’s $120.
It could, but that wouldn't be due to dilution. At that point it would be investors selling...as stated previously.
This is falling due to dilution, not investors selling off. Some are selling, but the major factor here is the 5.7 billion shares they intend to dilute above the 0.00035 price. Any share you get below or at 0.0003 will be from an investor selling off, not dilution related to the current offering as it stands.
This ticker goes nowhere until they show RESULTS! Talking and plans held on for a while, now...slowly sinking without RESULTS!
FTXP!!$$$$$$$$???????
Right, until it hits .0003 then .0002.
0.0003 and 0.0004 are the true bottom.
"We expect that the fixed initial public offering price per share of Common Stock will be a range between $0.00035 and $0.00105 per share upon qualification of the Offering Statement" - 1-A/A Offering Statement 1-A [Amended] 2022-03-04 00:00:00
This means they won't sell shares below 0.00035 according to their own paperwork. So 0.0003 should be safe from dilution. Anyone selling at 0.0003 should theoretically be an investor.
This should also mean if the price is above 0.00105 they can't dilute without amending the ranges relating to price.
* FTXP - OTCX once again hitting 4s with tiny sells
this confirms someone is using OTCX to try and manipulate the price by matching every buy with a tiny 0.0004 sell.
Gross.
Right now, this is dead in the water. Not sinking, but it's bobbing up and down. No solid up to date info from a ticker has that effect.
Owners should be moving at light speed to get this going. Maybe they are, but no one can tell.
GLTA!
FTXP!!$$$$$$$$????????
FTXP 0.0005 - Targets 0.0008 / 0.0011 / 0.0050 / 0.0070 / 0.0080
Targets 0.0008 / 0.0011 / 0.0050 / 0.0070 / 0.0080
http://www.allotcbb.com/quote.php?symbol=FTXP
I'll Alert you of stocks to Buy,
before the Run happens !
________________________________________________________________
FTXP Security Details
Share Structure
Market Value1...............$5,173,313 a/o Mar 17, 2022
Authorized Shares..19,975,000,000 a/o Mar 14, 2022
Outstanding Shares.10,346,625,597 a/o Mar 14, 2022
-Restricted.....................127,646,555 a/o Mar 14, 2022
-Unrestricted.............10,218,979,042 a/o Mar 14, 2022
Held at DTC.............10,217,973,842 a/o Mar 14, 2022
Float............................8,725,979,042 a/o Nov 15, 2021
Par Value 0.0001
https://www.ldmicro.com/profile/ftxp/news/8918540128508103
https://www.ldmicro.com/profile/FTXP
http://www.allotcbb.com/quote.php?symbol=FTXP
https://otcbb.swingtradebot.com/equities/FTXP:OTC
https://walletinvestor.com/stock-forecast/ftxp-stock-prediction
https://www.otcmarkets.com/stock/FTXP/security
https://www.otcmarkets.com/stock/FTXP/news
https://www.otcmarkets.com/stock/FTXP/disclosure
________________________________________________________________
August 4, 2021 - 5:25 AM PDT
https://www.otcmarkets.com/stock/FTXP/news/FOOTHILLS-EXPLORATION-INC-ANNOUNCES-CORPORATE-UPDATE-AND-COMPLETION-OF-REQUIRED-DOCUMENTATION-FOR-THEIR-PINK-SHEET-CURRE?id=314728
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
The podcast interview Allaire stated they are up to date with all audits and will have financials by the end of the month. It was stated the stock is undervalued.
possible,just wait.
I believe this is under valued. But filings will be here by the end of the month
So what happens when it hits .0003?
Let’s get this party started already! Sheesh…
—$FTXP
MMs or someone who just want the PPS down. I think 5 is the bottom, 4 is strong support, sell at bid 4 is none sense.
* FTXP - I hope whoever keeps selling those small 300,000 blocks at the bid, stops that nonsense…
I think it’s OTCX. And it’s annoying, lol
What’s the point of doing that?
added shares at 0.0005 today. hope to move up soon.
Followers
|
337
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
14207
|
Created
|
06/13/16
|
Type
|
Free
|
Moderators |
Regional Focus | Reserve Growth | Risk Management | Our strategy creates value for our shareholders and strategic partners by:
|
ManagementFoothills Exploration has assembled a seasoned team of oil and gas industry professionals, with deep experience in the U.S. Rocky Mountain region, providing their expertise in petroleum engineering, geology, geophysics and operations. | Value CreationThe Company has a carefully developed plan to create and maximize value for shareholders focused on acquiring oil and gas assets at attractive valuations and growth through field optimization and the drill bit. |
Tightly defined geographic focus to leverage basin-specific knowledge, technical & operational expertise | Sound well economics Stacked pay zones | Long life assets Very attractive EURs |
| Foothills Exploration, Inc. (the "Company") currently holds over 34,000 acres in the Greater Green River and Wind River Basins of Wyoming and over 7,800 acres in the Uinta Basin of Utah. The Company is actively seeking to grow its footprint in the Rocky Mountain region by targeting high quality oil and gas assets for acquisition and development. Our management team and advisers have a deep working knowledge and depth and breadth of experience in our geographical area of interest. Our skilled and experienced technical team effectively evaluate the merits of prospective acquisitions, determining each project's geological risk/reward profile and driving informed decisions as to whether we can efficiently optimize and maximize the properties.? |
| FOOTHILLS EXPLORATION, INC. |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |