Freedom Oil and Gas Ltd. (fka FDMQQ)

[Renee]

FDMQQ: inactive security. FINRA deleted symbol:

https://otce.finra.org/otce/dailyList?viewType=Deletions

[Renee]

Effective May 14,2020 FDMQF will change to FDMQQ, bankruptcy:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[BHawksFan77]

Agree. The 700K+ were available at $.02 just a few days back.

[buxmaker]

Interesting action in FDMQF today. Up to .082 on over 1 million shares traded.

[saigai]

i got killed here. never could figure it out and i just took my pennies and donated them to charity..literally

[buxmaker]

What happened to FDMQF? Down to .0022. Massive spread, no volume, collapsed price....

[saigai]

only thing i know is that i hold 34700 shares that i would rather give away than sell for current bid. ill donate them to the salvation army.. just gonna hold. i know these folks are making money. but there is zero liquidity and interest. maybe if they get bought out we will get a return..gl

[buxmaker]

Any idea what is up with FDMQF? Ask is now down to .016.

[saigai]

well then im sure they would expect at least a double on their return which would get me to my .10 buy in..but im not selling these until i get a buck. sounds like a nice round number especially since i wrote this money off a long time ago.

[buxmaker]

Someone is now bidding 82k shares at .047.

[saigai]

that would be lost money found again..the sweetest kind there is

[buxmaker]

Starting to see some volume and large bids. Someone is currently bidding 110,000 shares at .035 after buying over 100K at .046. This thing shot to .20 back in September. Hopefully, it can hit those levels again.

[saigai]

out of the blue...volume...

[saigai]

from their website

https://www.freedomog.com/wp-content/uploads/2019/03/FDM-Presentation-Mar-2019.pdf

its a good read,,currently a 43 milliom dollar cap. i bought higher than where we are but i have no desire to sell because i like the efficiency and the value possibilities...gl

[buxmaker]

How many barrels a day are they pumping now? When are you expecting the next earnings release?

[saigai]

hey if you raise the bid to a buck ill seel you some.. when this gets to 10k barrels of oil a day. ill get it..for sure..no more dilution here. they got big boy financing from wells fargo..gulp

[saigai]

CFP...60k a day in revenvue from 7 wells and a vibrant non toxic debt going forward.. These folks are on the black gold and should get to 10k barrells a day in no time...got in a little high here but love the silence

[saigai]

i know they are pumping 1100 barrels a day and based on drilling success and rev flow wells fargo will make big boy financing available to them to keep on drilling..they are learning from their trials along the way.. cant get a handle on share structure..will look into it...but this has some upside coming...imo