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Mirage Energy Corp (MRGE)

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Last Post: 8/14/2020 6:55:49 AM - Followers: 142 - Board type: Free - Posts Today: 1



We’re a natural gas storage & international transportation company based in Texas

OTC: MRGE
http://www.mirageenergycorp.com

 

Announced Projects:

1)  CENOTE ENERGY S. de R. L. de C. V. (Subsidiary of Mirage) - Burgos Hub Storage & Natural Gas Pipeline, a US-Mexico development consisting of cross-border transportation and the first underground natural gas storage facility in the country of Mexico. When fully developed, Mirage’s natural gas storage facility will be the largest natural gas storage facility on the North American continent.

2)  WPF MEXICO PIPELINES S. de R. L. de C. V. (Subsidiary of Mirage) - SAN FERNANDO/CACTUS.  42" diameter pipeline interconnected to proposed storage facility with interconnects to Station #19 and Los Ramones all on Mexico's National Pipeline System. Including interconnecting and rehabilitating a existing 48" pipeline running all the way to the Isthmus Corridor thus bringing abundant supply of natural gas to the southern region of Mexico. Approximately 1000 miles.

3)  NORTHERN HEMISPHERE LOGISTICS, S. A. P. I. de C. V. (Co-Ownership with Mirage) - ISTHMUS CORRIDOR. Includes rehabilitating dock facilities at Coatzacoalcos Veracruz on the Gulf of Mexico side with new monobouys. Rehabilitating 30" & 48" lines running from Coatzacoalcos to Salina Cruz Oaxaca, dock and monobouys in the Pacific side, this including the pumping stations along the track and tankage on both side of the Isthmus.

4) MIRAGE ENERGY CORPORATION - Announces it has signed an agreement with ENERGY AGENCY OF THE STATE OF PUEBLA to develop a pipeline infrastructure project to deliver natural gas to the state and various industrial parks with in the state. This includes the delivery of 500 mmbtupd of natural gas thru this pipeline project. Total estimates cost for development of this project is expected to be s $300 million USD.

 

=========  Projected revenues of all projects have been estimated at $1.5 - $2.5 Billion with Net Income ranging from $500 Million to $1+ Billion  ==========
(See chart at the bottom for potential share price scenarios using these estimates)


https://www.otcmarkets.com/stock/MRGE/security

Authorized Shares
890,000,000
7/31/2020

Outstanding Shares
462,730,684
7/31/2020

Restricted
264,389,411
7/31/2020

Unrestricted
198,341,273
7/31/2020

 

$4 BILLION Financing With Bluebell International, LLC

 

June 16, 2020
Mirage Energy Corporation and Northern Hemisphere Logistics, Inc. Sign $4 Billion Debt Financing With Bluebell International, LLC for Development of Three Projects Including Pipelines, Natural Gas Storage and Isthmus Corridor Project
Mirage gets 25% ownership in multi-billion dollar projects WITH ZERO DEBT

https://www.globenewswire.com/news-release/2020/06/17/2049382/0/en/Mirage-Energy-Corporation-and-Northern-Hemisphere-Logistics-Inc-Sign-4-Billion-Debt-Financing-With-Bluebell-International-LLC-for-Development-of-Three-Projects-Including-Pipelines-.html


March 16, 2020
Mirage Energy Corporation Signs Agreement with Northern Hemisphere Logistics, S. A. P. I. de C. V. To Participate in the Development of the Isthmus Corridor Project

https://www.otcmarkets.com/stock/MRGE/news/story?e&id=1553878


June 11, 2020
Mirage Energy Corporation Signs Agreement with the Newly Formed Energy Administration of the State of Puebla for Development of Pipelines

https://www.otcmarkets.com/stock/MRGE/news/story?e&id=1623065

 

May 20, 2020
Mirage Energy Corporation/Northern Hemisphere Logistics, S. A. P. I. de C. V. Signs Agreement with Mexico Labor Union "El Sindicato National De Infraestructura" for the Support and Cooperation on Respective Projects for Each Company

https://www.otcmarkets.com/stock/MRGE/news/story?e&id=1607525


October 8, 2019
Mirage Energy Corporation Wholly Owned Subsidiary, WPF Transmission, Inc., Announces the Signing of an Interconnect Agreement With Whistler Pipeline LLC.
https://www.globenewswire.com/news-release/2019/10/08/1926360/0/en/Mirage-Energy-Corporation-Wholly-Owned-Subsidiary-WPF-Transmission-Inc-Announces-the-Signing-of-an-Interconnect-Agreement-With-Whistler-Pipeline-LLC.html

MOU announced with a billion dollar company, (TrailStone NA Asset Holdings, LLC):
https://finance.yahoo.com/news/mirage-energy-enters-mou-reserved-120000683.html

Trailstone is a subsidiary of Riverstone, "Riverstone is an energy and power-focused private investment firm with $38 billion of capital raised":
https://www.riverstonellc.com


Advantages of Isthmus project = Worldwide implications = HUGE $$$ saved


Potential calculations of PPS:

(from board member: PennyStockTrader2)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156268062


The following table is a reference to how one might come up with PPS for Mirage. There are obviously a lot of variables here, but since PPS is often talked about in terms of PE ratio, I thought I would use that as a guide.

I assumed the outstanding count would climb to around 650 million, where 200 mill preferred shares are held by the CEO and not traded, and so I also did a calculation based on 450 million also.

The worst case scenario in the table is 200 mill net earnings and a P/E ratio = 10, yielding a $3 stock. I say worst case in light of P/E ratio where ratios of other midstream pipeline companies.




 

MRGE
Current Price
Volume:
Bid Ask Day's Range
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MRGE News: Amended Quarterly Report (10-q/a) 08/11/2020 06:02:24 AM
MRGE News: Quarterly Report (10-q) 08/03/2020 04:53:47 PM
MRGE News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 07/30/2020 07:16:15 PM
MRGE News: Current Report Filing (8-k) 06/15/2020 06:21:13 AM
MRGE News: Quarterly Report (10-q) 05/11/2020 04:29:56 PM
PostSubject
#14562  Sticky Note HOLY SMOKES THIS IS HUGE NEWS!! ! Prob gaps OCMillionaire 06/21/20 04:15:06 AM
#14344  Sticky Note This has been a 25 year journey for tradingonrumors 06/19/20 07:41:41 AM
#14180  Sticky Note "It's been a long time coming" -- CEO Macod 06/18/20 09:49:00 AM
#6641  Sticky Note So in summary, Mirage's project will provide numerous benefits.. Macod 07/17/19 08:56:22 AM
#16777   GM MRGEers - TIck Tock Tick Tock..... AdamS007 08/14/20 06:55:49 AM
#16776   NeedthatMoney 08/13/20 02:14:42 PM
#16775   Found this on linkedin... NeedthatMoney 08/13/20 02:14:39 PM
#16774   How does 13,000 shares bring the stock from tradingformyfuture 08/13/20 02:04:01 PM
#16773   Great volume too SakartveloChan 08/13/20 01:52:27 PM
#16772   Solid! dcbass 08/13/20 12:49:50 PM
#16771   Nice MM NITE upped his 300k BID to $0.19 norweger1979 08/13/20 12:45:36 PM
#16770   Easy.... excited penny stock trader just entered price norweger1979 08/13/20 12:17:06 PM
#16769   So I wasn’t hallucinating? How can that happen? tradingformyfuture 08/13/20 12:12:56 PM
#16768   Time stamp 12:09:09 145k @ $0.185 Guess that’s correction to norweger1979 08/13/20 12:09:52 PM
#16767   Time stamp 12:08:09 Fat finger trade 145k shares @ $0.0185 norweger1979 08/13/20 12:09:02 PM
#16766   WTF 1755 08/13/20 12:08:52 PM
#16765   MRGE--AGREED. SPORTYNORTY 08/13/20 12:07:23 PM
#16764   Let’s goo!!! ranger_7 08/13/20 11:55:00 AM
#16763   watch this assk smacking about to happen JACKPOT 08/13/20 11:49:05 AM
#16762   Next week we should be way way higher! ranger_7 08/13/20 11:45:05 AM
#16761   My post makes sense...tomorrow is the last day JACKPOT 08/13/20 11:40:40 AM
#16760   If it wasn't for covid impact and delays Macod 08/13/20 11:25:37 AM
#16759   Good point. Never have I met someone more Andyman23 08/13/20 11:12:45 AM
#16758   Big test here ..393k on the bid now Macod 08/13/20 11:11:46 AM
#16757   with covid there is absolutely no way Ward PennyStockTrader2 08/13/20 11:08:23 AM
#16756   MM NITE 300k BID @ $0.18 Def accumulation.... once norweger1979 08/13/20 11:04:19 AM
#16755   MRGE--I am always more conservative, and happy to SPORTYNORTY 08/13/20 10:57:32 AM
#16754   Well that makes total sense, thanks for clarifying. Macod 08/13/20 10:54:42 AM
#16753   To me, this sounds more like a new Andyman23 08/13/20 10:49:02 AM
#16752   It does seem like one... well here’s to Jetfan190 08/13/20 10:45:45 AM
#16751   Your take is correct been in picture for tradingformyfuture 08/13/20 10:30:09 AM
#16750   Ok, hopefully this trip wasn't just a dog Macod 08/13/20 10:24:14 AM
#16749   hmm maybe its just a matter of semantics, PennyStockTrader2 08/13/20 10:20:00 AM
#16748   Sounds good but why do they need a Macod 08/13/20 10:17:32 AM
#16747   he's tweeting up a storm. My takeaway is PennyStockTrader2 08/13/20 10:15:52 AM
#16746   Horacio Zacrate tweet The pioneer in natural gas, Mirage Energysector 08/13/20 09:58:22 AM
#16745   Andyman23......do you know Horacio Zarate? He tweeted with Saluki21 08/13/20 09:50:05 AM
#16744   Excellent blocks trading 50k buy 200k fill on BID norweger1979 08/13/20 09:47:07 AM
#16743   Thx! Keep the info coming 1755 08/13/20 09:45:56 AM
#16742   Nice start, 100k bid fill followed by 50k norweger1979 08/13/20 09:38:19 AM
#16741   This I agree with thanks tradingformyfuture 08/13/20 09:24:09 AM
#16740   Ease up on the coffee. All he said Macod 08/13/20 09:22:16 AM
#16739   Permits on the Mexican side pretty much all tradingformyfuture 08/13/20 09:20:13 AM
#16737   Ok maybe, but even if he loses he Macod 08/13/20 09:16:01 AM
#16736   There’s a debate about the Presidential Permits. With tradingformyfuture 08/13/20 09:14:05 AM
#16735   Are you sure? Ward said the Presidential Macod 08/13/20 08:50:55 AM
#16732   I think that is a very reasonable target Macod 08/13/20 08:30:45 AM
#16730   Another tweet by Horacio, linking a post from dcbass 08/13/20 07:45:21 AM
#16729   MRGE--Load the equity this week, and sell when SPORTYNORTY 08/12/20 11:47:17 PM
#16728   History in the making....MRGE Thank God for notes.....allowed all JACKPOT 08/12/20 09:22:16 PM
#16727   Took some here today. This looks like it’s Hooey 08/12/20 09:03:15 PM
#16726   Cheapest Natural Gas in the world for Mexico dcbass 08/12/20 08:56:49 PM
#16725   Another tweet said “soon to meet with AMLO.” tradingformyfuture 08/12/20 08:32:52 PM
#16724   that is so creepy man, I mean, it's PennyStockTrader2 08/12/20 08:28:40 PM
PostSubject