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Mirage Energy Corp (MRGE)

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Last Post: 5/24/2022 7:41:03 AM - Followers: 191 - Board type: Free - Posts Today: 3



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
900,000,000

Outstanding Shares
497,411,769
04/14/2022

Restricted
268,902,660
04/14/2022

Unrestricted
228,509,109
04/14/2022



$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.


 


June 24, 2021
https://mexicobusiness.news/energy/news/natural-gas-storage-remains-do-list

US-based Mirage Energy discussed a 786Bcf storage project with MBN last year. With a capacity as large as this, the project would immediately become the largest single natural gas storage facility in North America. “We are not developing this only as a strategic reserve but as a commercial operation of which industrial players can benefit,” said CEO Michael Ward. As of June 2020, funding for the project has been secured. Now, all Mexico’s government would need to do is give it a green light.
 


October 5, 2021
Mirage Energy Corporation Pays Off Debt To Power Up Lending
https://www.accesswire.com/666888/Mirage-Energy-Corporation-Pays-Off-Debt-To-Power-Up-Lending

SAN ANTONIO, TX / ACCESSWIRE / October 5, 2021 / MIRAGE ENERGY CORPORATION (OTC PINK:MRGE) announces it has paid off its debt to Power Up Lending as of October 2, 2021. This should be a stabilizing factor to our stock. Furthermore, Mirage no longer has any overhanging notes to affect our market.
Mirage continues to move forward on our US/MEXICO projects with great success being made on all fronts. We are looking forward to closing on these in the very near future.

MRGE
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MRGE News: Annual Report (10-k) 01/21/2022 01:05:01 AM
PostSubject
#32762  Sticky Note I don't believe storage was exactly "off the MoneyMike1 04/24/22 05:13:58 PM
#22928  Sticky Note Announced Projects & SENER Projects on Mirage Map: Macod 01/16/21 02:19:06 PM
#20908  Sticky Note Article is straight gold, DC! Our projects are Andyman23 12/02/20 11:06:56 AM
#33064   That article was posted last week. And it's Macod 05/24/22 07:41:03 AM
#33062   https://www.nvinoticias.com/oaxaca/general/sin-consulta-previa-planean-construir Hopefulinvestor2 05/24/22 06:49:18 AM
#33061   In the money! “ the "Mesoamerica Project" Andyman23 05/23/22 11:44:31 PM
#33060   https://img-s-msn-com.akamaized.net/tenant/amp/entityid/AAXBNH6.img?h=1536& Juancy 05/23/22 10:06:27 PM
#33058   Not long ago I posted about gas produced Methane Mike 05/23/22 06:29:22 PM
#33056   Since last year I never thought I would LandToSea 05/23/22 09:14:44 AM
#33055   Good morning all! Was on a nice vacay and Jetfan190 05/23/22 09:12:04 AM
#33054   Haha appreciate the kind words. I was just Zacattack540 05/23/22 01:45:23 AM
#33053   Now Now, Zacattack, what might you be implying? Methane Mike 05/22/22 04:11:24 PM
#33052   Interoceanic Corridor and the energy issue Macod 05/21/22 12:55:58 PM
#33051   start here Livefree1776 05/21/22 11:09:07 AM
#33050   For sure! Appreciate ya! Zacattack540 05/21/22 11:06:58 AM
#33049   take a look at the articles that i Livefree1776 05/21/22 11:06:22 AM
#33048   I don’t have premium anymore. Just sitting on Zacattack540 05/21/22 11:02:07 AM
#33047   who knows besides time?! Livefree1776 05/21/22 10:58:39 AM
#33046   So is thing happening or what? Zacattack540 05/21/22 10:36:06 AM
#33042   I hope we never see a Q..announce news Methane Mike 05/19/22 05:04:25 PM
#33041   Thanks Mac! Livefree1776 05/19/22 04:06:37 PM
#33040   Hopefully right before news Macod 05/19/22 03:17:05 PM
#33039   When do we get our Q’s? jonsmile 05/19/22 03:01:33 PM
#33038   All of the above, not to mention the Macod 05/19/22 02:53:37 PM
#33037   Here are a few articles to reread on Macod 05/19/22 02:47:29 PM
#33036   thanks Mac-project is/can be a win for all Livefree1776 05/19/22 09:01:16 AM
#33035   Investment of the third infrastructure package will be Macod 05/19/22 08:48:28 AM
#33034   I posted the exact same thing the day LandToSea 05/19/22 06:38:04 AM
#33032   No doubt the US is pushing for the Macod 05/18/22 08:13:26 PM
#33029   Mexico can not meet their nat gas needs. Methane Mike 05/18/22 08:06:28 PM
#33028   Just translated through google translate-it does appear that Livefree1776 05/18/22 08:02:46 PM
#33027   Take a look at the comments at the Macod 05/18/22 07:47:38 PM
#33026   Yes, thanks Mac! Livefree1776 05/18/22 07:36:03 PM
#33025   Just shows that demand for nat gas continues Macod 05/18/22 07:29:45 PM
#33024   does anyone think that this has any relation Livefree1776 05/18/22 07:17:04 PM
#33023   Stranger things have happened. :-D https://y.yarn.co/fa53ef88-b8fe-4e81-ad Juancy 05/18/22 06:42:12 PM
#33022   Not filing is definitely obvious. "IF" he gets JACKPOT 05/18/22 06:30:33 PM
#33021   Hey Juancy, i got to thinking, do you Methane Mike 05/18/22 06:21:05 PM
#33020   I have to agree, JP. Both of us Juancy 05/17/22 08:26:24 PM
#33019   There's some really good guys here, I hope JACKPOT 05/17/22 07:45:32 PM
#33018   Excellent Juancy! I found the reference to Macod 05/17/22 07:35:29 PM
#33017   Looks like it was recent. Here are others: Juancy 05/17/22 07:28:05 PM
#33016   Sounds exciting wow jonsmile 05/17/22 06:26:54 PM
#33015   another pickup Livefree1776 05/17/22 04:12:11 PM
#33014   Nice find Livefree! Macod 05/17/22 03:22:06 PM
#33013   Ok, so obviously not just some paid pump LandToSea 05/17/22 03:03:58 PM
#33012   I guess we missed that in January... LandToSea 05/17/22 03:03:02 PM
#33011   Yes, looks like another picked up the story Livefree1776 05/17/22 03:02:17 PM
#33010   https://cortamortaja.com.mx/el-istmo/15305-indigenas-de-la-zona-norte-del-istmo- Livefree1776 05/17/22 02:58:16 PM
#33009   It looks like they just published yesterday. What LandToSea 05/17/22 02:56:09 PM
#33008   jaw drops.... LandToSea 05/17/22 02:52:26 PM
#33007   not sure if published yesterday or...? Livefree1776 05/17/22 02:52:03 PM
#33006   https://pasantesdf.com/bloglegal/comunidades-indigenas-advierten-sobre-construccion-de-gasoducto-en- Livefree1776 05/17/22 02:48:13 PM
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