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otcmarkets definitely screwed up they broke their own rules
DID THEY MESS UP???????
I think they did it intentionally to get lower p.p.'s!!! OTC IS all about deception with no rules!!!
IMO.....
Yep they messed up
?? $MKGP
??0.0160
Pink Limited, AS: 500M, OS: 118M, US: 54M
Reporting Standard Updated:
?? Dark: Alternative Reporting Standard
?? Alternative Reporting Standard
Tier Updated:
?? Expert Market
?? Pink Limited Information
Chart, OTC Profile, Twitter, @otcupdates
Update: 2023-05-02 06:21:29 (UTC)
This stock is pretty volitile. Those that can stomach it, win win win long time.
Curious about, but who is selling, one person, or a couple perhaps?
again the rules are pretty simple and they were nowhere near being that delinquent to go expert
Got stuck out after selling last week
while playing for lower price...
So, stuck like holders that can't
trade out now...
Annual Report was due around Mid-April
or a day or two later with holidays...
Also will need another Attorney Filing...
last years' filing link...
https://www.otcmarkets.com/otcapi/company/financial-report/329258/content
Not good for folks to watch from DARK...
So we watch...LJ
You are correct bb! I'm actually liking this!!! Putting it on alert. She can definitely bounce quick!
I'm still hearing whispers G.S. is gonna take this over, so I'm game. Going to watch........
makes no sense everything has been filed, verified profile, theres no reason this went expert
I know the rules, this is messed up
https://www.otcmarkets.com/stock/MKGP/disclosure
Appears an intentional move by managers...
Officers signed off on Annual filing
on 02/28/2023...
but held filing for some reason...
https://www.otcmarkets.com/otcapi/company/financial-report/367882/content
Would still need at least that uhh,
Attorney Filing, to get back current...
So we watch...LJ
How did this go expert ? Man so many that look like mistakes no grace period or anything
Yes! Just a matter of time now.
$MKGP Someone is trying to buy 725k shares here
Other shells Sharp has trade at 5x this current market cap….could see a nice pop here if it all comes together soon
That’s why they cx the deals they had pending (and shut down website/ email etc) as they couldn’t get funding and weren’t going to be able to maintain operations without the p5…plus they still owe $$$ to George Sharp and $forw….I still say Sharp takes over the empty otc shell left behind…then looks for a more legit company to come in…this is just an oil company in name only now….I’d bet by middle of May Sharp is in control of it one way or another…somebody was trying to fill a milly share bid in the .02s the other day….they know something or sense what I’m saying is bound to happen…
Maverick lost their P5 at the Texas Railroad Commission Meeting yesterday. If you search the records of the railroad commission for Maverick you can research the leases they hold. It is not impressive. It is a liability.
Oh yes, I get scared that I am going to miss out on these stinky pinky scams, so I panic and buy. Bwahaaaaaa
Welcome, now we just wait for an announcement to come out and then watch folks panic buy
most likely another deal that could do
better might be approached...
G.S. would need a good deal
to come in to see a way to
get repaid his debt owed...
G.S. would almost triple his obligations
if he took over a company that owes
about 3 times in debt what they also
owe to him...
MKGP is not a clean shell and the
accounting doesn't favor it...
G.S. needs to see a good deal get
done just like the other $800,000 or
so of accrued liabilities need to see
a deal get done...
G.S. could buy a clean shell for a
lot less than he invested in MKGP...
So we watch...LJ
Thanks for the link. I should have drilled down more when I searched for it at otcmarkets.com.
Yep, here is the link to it on OTCM https://www.otcmarkets.com/otcapi/company/financial-report/365715/content
I wonder if old man McCabes sugarbaby is going to give back her 5 million shares he gave her?
Are they shutting down the midland office? Bwahaaaaaa
The financials are unaudited so you don't know they raised $200,000 from the Reg A.
Maverick is stating in the financials that Sharp purchased $200,000 in stock at $0.20 which is exactly what the Reg A offering was - it looks like voodoo accounting.
Then we have:
Proceeds from issuance of common stock $195,000
Which is exactly what is in the Reg A exit report.
But the Maverick financials has the following:
Convertible to common
shares @ $.20 per share
Samlou Corp.
Forwardly, Inc.
George Sharp
With FORW at $200,000, Sharp at $100,000 and Samlou Corp at $100,000.
I am curious if Samlou Corp connected to Sharp partner Louis Sapi?
IG
He is owed a good chunk of $$ so if he gets the shell, he can eventually get his money back , which is def what he’s looking for ….Mkgp doesn’t have any $$ left to,pay him a dime most likely
Why would Sharp want another empty shell he already has 4 and hasn't done anything with them.
Sharp has been the CEO of FORW for 4 years and still hasn't generated any revenue.
I would for the SEC to take a closer look at Sharp as I don't believe that he loaned Maverick $200,000 - neither company is a SEC filer so they don't audit the financials - so Sharp can put anything in the financials that he feels is best for pumping.
IG
I’m telling ya guys….it looks like they are winding down operations and Maverick energy group will cease being an active co soon and George Sharp & co could receive/accept the remaining empty shell as compensation for the large debt owed to them…wouldn’t take George too long to clean it up ( most of debt is due to him and $forw) and it already has a great SS…George’s other empty shells have market caps 5x as high as $mkgp current one….
Fat lady singing picture works just as good...
so we watch...LJ
Posted on StockTwits:
April 14, 2023
Notice of Projects Termination
The proposed transaction between Pass Creek Resources, LLC and Maverick Energy Group, LTD has been terminated. In addition, the "Participation Agreement" with Creative Oil and Gas, LLC has terminated according to its terms.
Thanks, it was first form 1-z, and I have read up on them
You’re slipping on your research….they raised around $200k via the reg A ….it’s right in the fins….you are correct in that Sharp most likely has no interest in drilling for oil….but he could get his money back he is owed from MkgP if he acquired and resold the empty shell…..being a non SeC filer, there was no obligation to file that 1-z and Mccabe is Slow and too lazy to file that without a good reason….like maybe transferring the shell to another aforementioned party that wanted no surprises and might try to make the shell SEc filing in the near future…the volume here is solely because of this speculation….Sharp shells even empty trade at 4-5 x these levels …..
The Form 1-Z is exit report for the Reg A filing where the company was trying to raise $20 million at $0.20 per share. From the financials it doesn't look like they raised any money.
The Form 1-Z isn't a big deal it is required by the SEC.
Companies like Maverick file a Reg A for pumping purposes only.
IG
It means the company has to find a MM to file a Form 211 on behalf of Maverick.
Maverick is a long way from being a SEC reporter.
IG
Certainly looks like more selling than accumulation. Another bottom feeder Sharp is involved in.
IG
Sharp doesn't have access to capital to be in the energy sector - he would need access to over $100 million to be a small player in the oil and gas business.
Sharp has been a disaster as the CEO of FORW - in 4 years he still hasn't generated any revenue.
The number 50 ranked oil and gas company is Marathon Oil and in 2022 they had revenue of $8.04 Billion.
Maverick is another OTC scam that doesn't report to the SEC. Plus they don't have enough capital to drill a cavity.
Sharp is going to have huge problems with the SEC.
IG
That's what I looks like to me, if GS does take it over as we are hearing is going to happen, we could have a runner
Give us a link man, we can go stir up some chit on twitter
Can't hide the accumulation here - someone is collecting cheap shares for sure.
It’s been like that forever
George Sharpe the one $MKGP owes coin to and defaulted on recently
GS is suing them for $400k which they don’t have so he will win and rumor is he will take over the clean shell. His other shell SNRW is at a MC 5-6x that of MKGP so this could run really hard especially on a 50M float! It’s been at .20+ very recently to so won’t be hard to get back there!! Loading has already begun imo
What is a GS?, something so small it
doesn't need a name?...
so we watch...LJ
otcmarkets.com has this warning up for MKGP:
Warning! This security is eligible for Unsolicited Quotes Only
This stock is not eligible for proprietary broker-dealer quotations. All quotes in this stock reflect unsolicited customer orders. Unsolicited-Only stocks have a higher risk of wider spreads, increased volatility, and price dislocations. Investors may have difficulty selling this stock. An initial review by a broker-dealer under SEC Rule15c2-11 is required for brokers to publish competing quotes and provide continuous market making.
Is this new? What does this mean for investors? Has anyone had difficulty selling?
Don't know, peeps on twitter say GS taking this over
Did the company have a free trial period
for website that expired?...
So we watch...LJ
Hope so, answer this why did $MKGP let their website registration expire
http://www.maverickeg.com/
Ok, we got a Form 1-z going here, https://www.otcmarkets.com/filing/html?id=16554833&guid=35m-knyCPTsVh3h
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135 Jenkins St Ste 105B #356
St. Augustine, FL 32086
Maverick Energy Group, Ltd. (OTC Markets, MKGP) is pleased to announce that its Board of Directors has begun work to re-establish the company with OTC Markets starting as a Pink Sheet Non-Reporting company. The following are steps in this process. Mr. Richard Bednar and Mr. Brice Bogle have stepped down as President and CFO respectfully. The company appreciates their work and support of the company. They contributed greatly to maintaining the company’s status during the past lull in activities.
While both have private interests that preclude their maintaining an active role in the company, they have expressed their continuing support going forward. Mr. James McCabe will serve as President and CEO while Ms. Christiane Lopez will continue to serve as corporate secretary and investor relations. We have a wonderful group of professionals that have joined the company whose descriptions can be seen at maverick-energy.com.
The company has been able to move the company back on the Pink Sheets recently and has also retained Mountain Share Transfer as the company’s new Transfer Agent. We are bringing the corporate financials up to date to be current with OTC markets. This should be completed within the next few weeks.
Maverick is currently the operator of over fifty wells in the seven thousand acre Big Foot Field located primarily in Frio County, Texas. The company continues to operate wells that it drilled prior to 2012 known as the Larremore in Caldwell County, Texas; the Hudson and Digman in West Virginia; and the Crouch Lease in Frio County, Texas.
These wells continue to produce a small amount of revenue for the company. To accomplish the steps necessary to be current on the public side and to move foreword on the Operational side, financing is always key. In this regard, Mr. Reed Morgan has joined the company as head of Business Development, Finance, and as a Director. With Mr. Morgan’s help, the company is currently in its refinancing stage. Concerns regarding company financing may be directed to the following email addresses: Mr. Morgan
greystonenash@gmail.com or Mr. McCabe mavoneg@aol.com.
Going forward the company plans to build the company on proven business models of quality oil and gas acquisitions in North America that have upside developmental potential. The company plans to use horizontal drilling, with the expertise of Mr. David LaPrade to bring an economic force multiplier to the company’s acquisitions and development.
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Over the next few days, Maverick will begin posting the financial reports that we will be filing with OTC Markets once they respond to our initial filing.
Maverick continues to work with various entities to fund its acquisition and development plans. The company has made progress in this area and is continuing these efforts.
Having survived downturns in pricing and oversupplies like the one the industry is experiencing, we recognize the opportunity for Maverick to take advantage of distressed assets, accumulate leaseholds on great terms, and develop leasehold assets at favorable pricing. Given our strong and talented management team and partners, the current environment provides an appropriate opportunity to execute our business plan and prosper.
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