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Once people find out about this stock, it can really make some Huge Jumps in PPS
I agree, it just seems that it cant attract the market yet.. It is really thin..
A couple of small buys will push this stock to 15 Cents!
I will read through article again, but same article is posted on other websites also
Yes it's a misprint...
This is right from article ,"In its news release, GSV (GSVI.OB - news - people ) put the figure at 650 million, or about a tenth of the world's population."
Article shows GSVI.ob GSV and shows stock price and symbol
Check out this recent Forbes Article, This looks Huge Read this recent forbes article on GSVI.ob, I may have found a gold mine http://www.forbes.com/feeds/ap/2011/06/27/business-financials-us-facebook-investment_8537186.html
Huge Recent Article about GSVI on Forbes http://www.forbes.com/feeds/ap/2011/06/27/business-financials-us-facebook-investment_8537186.html
Only a few shares at each price, this stock will move up on very low volume
GSVI looks like it could go...
GSVI Perfect Reverse Merger Candidate
GSVI only 12K left at .042 then .05!!!!!!
With a 2 Million Float this stock can make Huge Gains Very Easily!
Looks like their is only 1 person willing to sell for less than .042
Thank you! Are you in MGRND?
I was Alerted on Twitter
Yep I found it about 4 years ago LOL! But shells are not what they once used to be, GL
When you find a stock with a float like this, you've got to let people know about it
Looks like the something up is just you trying to run it by posting it all over ihub, what is this amatuer hour?
GSVI is super thin, something is up with it!! Watching
L2 Update 5000 at .04, 5000 at .05, 5000 at .1 then $2!!!!!
GSVI Holding Gains and Running Paper thin all the way up!
7,500,000 OS! http://www.otcmarkets.com/stock/GSVI/company-info
On June 30, 2008, Cybershop, LLC (“Cybershop”), a wholly owned subsidiary of GSV, entered into an agreement dated as of June 30, 2008 (the “Amendment”) with B & L Oil Company, Inc. (“B & L”) and Randall Petroleum Corp. (“Randall”) to amend the terms of an acquisition agreement dated April 7, 1999 (the “Agreement”), by and among B & L, Randall, and Polystick U.S. Corp. (“Polystick”). Cybershop succeeded to Polystick’s interests under the Agreement in 2003. Pursuant to the Amendment, the parties agreed: (A) to terminate the back-in after payout due B & L and Randall under Article VI of the Agreement; and (B) that the parties will have the right to participate in any prospect generated and proposed in the HLM Project in Liberty and Montgomery Counties, Texas (except the East Wilcox Prospect, the Friendswood No. 2-RE well, the Nickel Prospect and the Shirley Gay No. 1 well), in the following portions: B & L an undivided 1/3rd interest; Randall an undivided 1/3rd interest; and GSV an undivided 1/3rd interest.
On July 1, 2008, GSV and D. Emerald Investments Ltd. (“Emerald”) entered into an agreement dated as of May 10, 2008 (the “Extension Agreement”), pursuant to which GSV and Emerald agreed to extend and renew an 8% convertible promissory note in the principal amount of $200,000 (the “Original Note”) and a warrant to purchase 1,142,857 shares of GSV’s common stock, par value $.001 per share, at an exercise price of $.70 per share (the “Original Warrant”). The Original Note and Original Warrant were issued pursuant to a Purchase Agreement dated as of May 11, 2004 between Emerald and GSV, and had previously been amended by agreements dated as of May 10, 2005, May 10, 2006 and May 10, 2007 between the parties. Pursuant to the Extension Agreement, the Original Note has been amended and restated in a substitute note with a maturity date of July 10, 2009 (the “Substitute Note”) and the Original Warrant has been amended and restated in a substitute warrant with an expiration date of May 10, 2009 (the “Substitute Warrant”).
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The Substitute Note bears interest at the rate of 8% per annum, payable quarterly in arrears. On May 10, 2008, there was $64,000 of interest accrued on the Substitute Note. Principal and accrued interest on the Substitute Note is convertible at a price of $.70 per share at any time prior to July 10, 2009. The Substitute Note provides that if the principal and interest due on the maturity date is not paid, the Note will bear interest at a default rate of 12% per annum. Upon the occurrence of an event of default, Emerald may, at its sole option, declare the entire principal amount of the Substitute Note and any interest due thereon immediately due and payable. Events of default include failure to pay the principal amount on the maturity date or any interest when due, commencement by GSV or against GSV of any proceeding or other action relating to bankruptcy or reorganization, GSV’s breach or failure to perform or observe any obligation contained in the Substitute Note, Purchase Agreement or Substitute Warrant or GSV’s failure to ensure that any conversion of the Substitute Note is effected upon request. Payment and performance under the Substitute Note is guaranteed by Polystick and secured by a pledge agreement between Polystick and Emerald pursuant to which Polystick has pledged 200,000 shares of GSV’s Series B Preferred Stock to Emerald.
Excellent post! Nice movement and volume today!
Net Income: Net Income increased by $192,923 from net income of $23,754 in the first quarter of 2007, or $0.00 per basic and diluted common share, to net income of $216,677 in the first quarter of 2008, or $0.03 per basic and $0.02 for diluted common share.
I see you like CHAG too, you have good taste!
GSV, Inc. Announces Successful Fracture of Liberty County, Texas Well
WESTPORT, Conn., Feb. 26 /PRNewswire-FirstCall/ -- GSV, Inc. (OTC Bulletin Board: GSVI) announced today the successful fracturing of the Friendswood No.2 RE gas well in Liberty County, Texas, in which it holds an 11.9% working interest.
The fracturing was completed on February 4, 2008. All 1150 bbls of frac water have been recovered, and the well has been tested at various pressures. On February 21, 2008, the well was put back on line full-time. Since then, it has produced around 400 Mcf per day, up from about 60 Mcf per day prior to fracturing. The well continues to produce a small amount of water, up to about 20 bbls per day.
An independent engineering company has been hired to conduct a reserve and engineering report. GSV expects the report to be completed within two weeks.
About GSV, Inc.
GSV, Inc. is an oil and gas exploration company that owns interests in two Louisiana oil and gas wells and in Texas oil and gas properties, as well as a one-third interest in a Texas limited liability company that manages the Texas properties. In addition to managing its current assets, GSV is actively seeking new acquisition opportunities in this industry.
Just a low O/S more than anything, i do not hold any but wanted to make a board so I did not forget to keep an eye on her...
what is the attraction?
Item 1.01. Entry into a Material Definitive Agreement.
On September 6, 2007, GSV, Inc. ("GSV") and Brooks Station Holdings, Inc.
("Brooks Station") entered into an agreement, dated as of August 31, 2007,
pursuant to which Brooks Station agreed to extend the maturity of a promissory
note issued by GSV on July 21, 2003 (the "Note") from September 1, 2007, to
March 1, 2008, and to waive any claim against GSV or its assets arising from
GSV's failure to repay the Note on the original maturity date. The Note had an
original principal amount of $200,000 and accrued interest of $45,333.33 through
August 31, 2007. It bears interest at a rate of 8% per annum and is secured by a
lien on all of GSV's assets. Contemporaneously with the execution of the
agreement, GSV paid Brooks Station $20,000 of the accrued and unpaid interest on
the Note and $20,000 of the principal balance of the Note, thus reducing the
outstanding principal balance of the Note to $180,000 and the accrued interest
to $25,333.33.
Website has a lot of interesting info on it...
One of our Texas Prospects is at the Harvest re-entry. In 2001 the No. 1 Harvest was drilled to a depth of 7,000 feet. The primary objective of this test was the Blanding sand at 6,000 feet and at a depth of 5,099 feet, 12 feet of productive Blanding was encountered. The trapping fault was cut at 5,930 feet.
Subsequent formation tests were taken along with sidewall cores which proved the zone productive; however, for unknown reasons the well was not completed. It is our consultants' opinion that the operators were not familiar with the excellent producing characteristics of the Blanding in the area inasmuch as similar wells have produced upwards to 250,000 barrels of oil.
The expected cumulative recovery for this completion may very well be in the range of 100,000 barrels, based on the following premis: 40 acres x 8 feet x 400 bbls/acre foot = 128,000 barrels of oil +or-.
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