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.
JYHW registration revoked:
https://www.sec.gov/litigation/admin/2019/34-85427.pdf
Hi Theraz
Thanks so much for replying, v kind of you! And yes I have researched Jayhawk more since my post and agree probs best to stay out of this one. But really helpful to know of US investment company. I couldn't quite understand the volatility over the past few years - how the sp can go from 0.0002 to 0.01 surely it can't increase x100 in a day, so I assume this is false or not poss to sell at the peaks.
Thanks again and best of luck
Sarah
Your company may not trade OTC stocks. Not sure how international aspect works, but I go through TDAmeritrade.
I'd stay out of this one anyway. Dead company. Always check symbols out on the OTCMarkets website. I only hang around because I have a couple hundred shares that will never be worth the trade fee to sell.
Hey all
Slightly different post, I'm from the UK and am trying to find out how to invest in this company? Do you have any names you can give me of investment companies that you use in the USA (for private /DIY investing?) Jayhawk isn't listed with my UK investment company. Thanks !
Sarah
$4.50 in shares, $7 in fees. :D
But, hey, I'll take a 400% jump however I can get it.
Not much as far as this thing goes. I just check in for any chatter. As far as I know this company is long gone. Have a pipe dream it might get used for a reverse buyout or something crazy, but not likely. How about you? Any good news out there?
Whoa! 130 @ .007? Easy big spenders. :D
But hey, out of the trips for a day maybe.
Yes, at times. What do you know that's good?
JYHW SEC Suspension
https://www.sec.gov/litigation/suspensions/2018/34-83246.pdf
Order:
https://www.sec.gov/litigation/suspensions/2018/34-83246-o.pdf
Admin Proceeding:
https://www.sec.gov/litigation/admin/2018/34-83245.pdf
SEC Revocation notice
https://www.sec.gov/litigation/admin/2018/34-83245.pdf
total crap
$JYHW @ .0094!
$JYHW @ .0065!
$JYHW @ .0047!
Dear JayHawk Energy, Inc., Stockholders:
NOTICE IS HEREBY GIVEN THAT on October 27, 2015, the Board of Directors of JayHawk Energy, Inc., a Nevada corporation (hereinafter the “Company,” “we,” “our”), approved the following actions:
(1) To authorize changing the Company’s name to “Vast Exploration, Inc.” (the “Name Change”).
(2) To authorize a 1 for 100 reverse split of the Company’s issued and outstanding shares of common stock (the “Reverse Split”).
I just picked up 200k at .015 as a lotto play lol they may hit big oil
Probably a few suckers. Do you? Company does not seem to communicate much.
Are there any oilmen here?
Is this a good deal?
Item 1.01 Material Definitive Agreements and Item 2.03 Creation of a Direct Financial Obligation
On June 3, 2014, the Registrant (the “Company” or “JayHawk”) entered into Securities Purchase Agreements with an institutional investor and Lindsay E. Gorrill, an officer and director of the Company (each an “Investor” and together the “Investors”), wherein the Company agreed to sell and the Investors agreed to each purchase $200,000 of Secured Convertible Debentures (the “Debentures”). The Debentures are due sixty (60) months from the date of closing (the “Securities Purchase Agreement,” and “Debentures” collectively constitute the “Offering”). The Debentures are secured by a security agreement granting the Investors a security interest in and to all of the Company’s assets located in the State of Kansas. At closing, the Company will also enter into a Stock Pledge Agreement pledging to each Investor, as additional security, all of the Company’s right, title and interest in and to the capital stock of JayHawk Gas Transportion Corporation (a wholly owned subsidiary of the Company and the owner of the Company’s gas transmission pipeline in Kansas).
Additionally, each Investor will receive: 1) a Wastewater Disposal Fee; and 2) a Royalty Interest.
Wastewater Disposal Fee: the Company agrees to pay each Investor a per barrel fee (the “Disposal Fee”) for each barrel of wastewater, which emanates from the Company’s five (5) currently producing, as of the original issue date of the Debentures, oil wells located in North Dakota, which is disposed of in the Company’s proposed wastewater disposal well to be located in North Dakota (the “Disposal Well”). For a period commencing on the original issue date of the Debentures and continuing for five (5) years or until the Debenture is repaid by the Company, whichever is sooner, the Disposal Fee will be equal to one and no/100 dollars ($1.00) per barrel of wastewater disposed of in the Disposal Well. After year five and continuing until each respective Debenture repaid by the Company the Disposal Fee shall be equal to fifty cents ($.50) per barrel of wastewater, emanating from the Company’s 5 currently producing, as of the date the Debenture is issued, oil wells located in North Dakota, disposed of in the Disposal Well.
Royalty Interest: beginning on the original issue date of the Debentures and continuing thereafter so long as the Company owns the subject wells, the Company agrees to pay each Investor a one percent (1%) overriding royalty interest, calculated monthly, on all proceeds received by the Company from sales of crude oil produced from the Company’s five (5) currently, as of the date the Debentures are issued, producing oild wells located in North Dakota.
The Debentures are convertible at any time after the original issue date into a number of shares of the registrant’s common stock, determined by dividing the amount to be converted by a conversion price of $0.01 per share, or an aggregate of 40,000,000 shares.
Thanks for the reply.
I kind of thought the same thing about the 60m new shares at .01.
Since this a long shot anyway, that kind of par for the game.
However, it does show that JYHW does still have some life and they are trying to SURVIVE, which means there is still some hope for our investment.
I'll give it a shot...I thought there were too many shares awarded at .01 before. Now we are looking at an additional 60,000,000 shares that are owned at .01 and ready to hit the market at anything over that price. Anything bought over .012 is too high. If the new company brings something online this has a chance, but they have nearly a year to move. In the meantime, those .01's will drag this down to .012 easily, and possibly below .011 depending on the market interest in this gamble.
Does anybody have a "layman" interpretation on this news and the two 8k released today.
Even though it is dilution, it must mean something good if they are willing to invest $600K into this company???
Is there really a potential for upward movement in our investment???
NEWS: JayHawk Energy Closes $600,000 Debenture Financings
http://www.otcmarkets.com/news/otc-market-headline?id=16202037
Jun 09, 2014 (eTeligis.com via COMTEX) -- COEUR D'ALENE, ID, United States, via eTeligis Inc., 06/09/2014 - - JayHawk Energy, Inc. (OTCQB: JYHW) ("JayHawk," the "Company") is pleased to announce that it has successfully closed two separate convertible debenture financings totaling the principal amount of US $600,000 on terms which are favorable to the Company.
Kelly Stopher, CEO of JayHawk Energy, Inc., stated, "The successful closing of these financings provide the Company with sufficient capital to reclaim non-producing wells and satisfy environmental requirements mandated by the State of North Dakota. The Company is also in the process of seeking approval from the State of North Dakota to convert an abandoned well bore to a water disposal well which will improve operating efficiencies and cash flow for JayHawk. As well, the capital will allow the Company to rehabilitate its North Dakota producing wells and provides the next step in the systematic recapitalization of the Company."
JayHawk Chairman Lindsay Gorrill acquired $200,000 of the convertible debentures and said, "I recently toured the North Dakota properties and am excited about the plans to complete the water disposal well and continuing work to achieve ongoing production from JayHawk's five producing wells, which has not happened on a consistent basis for over six years."
Additional details are provided in the Company's 8-K filing with the SEC.
About JayHawk Energy, Inc.
JayHawk Energy, Inc. is a managed risk, oil and gas exploration/exploitation, development and production company with activities focused on two major projects in the Cherokee Basin, Kansas and the Williston Basin, North Dakota. For more information please visit www.jayhawkenergy.com.
Rigged ? Who knows some days I think so !! I got what I needed to make 50K today @ .0252
Is the game rigged?
I have an order for 8K shares at .0255
and there was another order for 40K at .0252
Now, they just filled an order for 150K shares at .0251.
This is what disturbs me about penny stocks!
Oh well, it IS a penny stock!
Me too, I only need another 10,500 to be there. Hopefully I can pick them up b/4 this takes off
I am just trying to get back to 50K shares
only need 7K more, which really isn't much money at this price.
We know that we Guaranteed to end up with some Regrets soon enough about this stock. We will either Regret that we didn't buy more when it was cheap as it shoots up over a buck or we will Regret why did we buy more as it sinks back to the .01's again!
GLTA
I'd like to buy more but need to sell something to get some cash
I have been buying some below .025 (just wished I had bought twice as much when it was below .01 for all these years)
However, now it seems there is a big lot buy of 300K sitting at .025 for awhile now, so the pps has drifted below that level.
Lets just hope that this is the Sleeping Beauty that will awaken soon!
Wonder if the gas wells are producing again. When I contacted the company, I asked them if the purpose of the farmout was to not only get the gas wells running again, but if they were also looking into using newer technologies in order to obtain oil from their properties, oil that may have been unobtainable before.
I have a feeling that one day I'm going to look and this little stock is going to blow past .20. Energy is hot and going to get hotter and these little plays seem to be getting some attention. eom
Don't know. I been buyin but the price has been wacky lately
Lots of volume over the last week. Wonder what is going on. I tried to contact the company, but they didn't respond. eom
Do I or don't I?
Bought some more at .027
I was pondering do I want to take a big chance and put about $3K in my wife IRA and buy 100K shares.
Of course, now the pps is .037 so it will cost more $$ or buy less shares.
Just don't know?????
Already waited 4 years just to get back to this pps.
But at least I am happy with what I bought this morning!
Buys outnumber sells 8 to 1 on higher than average volume so far. Looking good.eom
Don't lose faith. It looks like it wants to move up and there is still a little interest here. I think there is a shift going on from MJ stocks to Energy Stocks again. This one is primed and ready so lets hope for the best. IMO
Well, I guess you can say that I am a bagholder.
Have been holding for over 4 years and a much higher price.
Wasn't much reason to sell as long as they were pumping something out of the ground.
I don't expect any more news for awhile since it will take some time for "Vast will also evaluate additional potential sites in acreage within reasonable proximity to the entire length of the pipeline. As well, we are also looking forward to their evaluation of potential oil production in the region and a long-term relationship with Vast Petroleum."
So, I kind of welcome a fall back into the .01 - 02 range so I can accumulate more shares for the day the GOOD news comes about the "potential oil production" reserves.
Lets this be our sleeper!
Darn near all buys on higher than average volume again. This is definitely setting up for something. I would have to believe that the assets owned by JYHW would warrant a much higher market cap than 780K.
With gas wells coming back on line along with potential for more oil this should rise significantly. IMO
Over 3 Million shares traded over .03. On this board there are no pumpers, no bashers, and nobody claiming to be a bagholder except me perhaps (I got a boatload at .018). This issue was then brought down to nearly .02 on almost no volume. Who the hell bought those shares over .03, where are they, and what are their plans I wonder?
It's hard to say what will happen. It seems the money made/lost in MJ stocks are moving out of that sector and back into natural resources. Several gold pennies and a few oil pennies are up today.
There was a lot or volume over .03 in the last two days. Maybe this is setting up for a promo. eom
Guess that was it for this news cycle!
Probably be awhile before any more news come out about this farm-out.
Now can JYHW maintain the gain????
Are you talking about the farmout? That was 2 days ago.
???
OMG BREAKING NEWS JUST OUT
WE DID IT THE MERGER HAS BEEN POSTED
I'll just wait a little longer to buy anymore.
PPS already seems kind of wobbly
A million shares already. People trying to get in on the pullback. imo
The last time this peeked over .02 it went back below. This time it ran to .04. Lets see if we get some follow through. Hopefully momentum players got caught off guard with this one and get in today to create some volume.
merger news out boooooooooooooooom
.1
Yea, that Gapper took out half my 50K shares.
Hey, but I bought those 25K between .09 - .01 recently.
So, no complaints, was just playing "possible" penny rise
since JYHW hasn't really done anything in many years.
But I still would like to get back my original investment (and MORE) of over .20 three plus years ago.
GLTA
Followers
|
28
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
486
|
Created
|
09/17/07
|
Type
|
Free
|
Moderators |
Auth 200,000,000
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |