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Oh, so he is not the new sheriff, just an old grifter
Not following you, he is not in law enforcement, he is CEO of a company and involved in oil and gas his whole life.
By the way, Sexual offenders have lives also. They pay the price for their crime and eventually are set free on probation. Do you think they should then be a positive contributor to society in their work, or should they live on the lam and drain societal resources further. I would vote on the former. If you have proof that the accountant has committed fraud in the filings, I encourage you to contact FINRA and OTC Markets to make a report, or maybe you already have done so, they would love to hear i am sure.
Ward has never had a successful deal, everrrrrrrrrrrr. He is a lifelong grifterrrrrrrrrr
Is he the one that makes the decisions to file false reports?
What happened to wards bullchit lie about 4 billion in funding? Bwahaaaaaaa
The CEO Michael R Ward is the boss, hopefully he is making the right decisions for the company, I trust that he is, well maybe not every decision, but the most important ones.
Ward is a life long grifter. He screwed people out of millions
Is he the one who arrested the accountant for the sexual abuse?
theres-a-new-sheriff-in-town-and-his-name-is Michael R Ward, Mirage's CEO
Well I guess we already knew that but seriously, having moderated a couple weeks now I thought this might be a good time to remind folks of some guidelines that will help all of us get along.
- Personal attacks in any form are not allowed and will result in having the post deleted, this is non-negotiable and moderators are committed to enforcing this rule. That includes nebulous references to posters you are in disagreement with or have been abused by. "If you see something, say something" as the saying goes and feel free to submit TOS violation requests.
- Fight fire with fire. If you disagree with a poster, then respond proving the poster wrong and everyone will see it, this can be fun to do. Or just dont respond and move on, or use the ignore feature for a more pleasurable experience and less stress.
- Use the "Like" feature (not available on the iHub App but is avail on any browser on desktop OR smartphone!) to highlight posts that resonate with you and that will help spread the message especially to those too busy to read everything. It's not a perfect system but its been a good addition.
- Correspondingly, respect other peoples points of view, they may actually have a point worth considering.
- We have entered a new phase where there are a lot of posts to read just to keep up. Please try and refrain from too many friendly "off-topic" posts I'll call them, as they simply water down the messaging for those with limited time to read, and while they do contribute to Breakout Board status, that is not the end-all be-all of our existence.
Thank you everyone for your contributions, hopefully the dialog helps with your investment decisions while also providing entertainment that we all seek from time to time.
Feel free to like this post if you found it helpful
The new LNG facility being built in Kitimat, once it’s gets running every shipment from their new supertankers will be worth 350 million. They are apparently going to be sending 1 ship every 3 days to China.
Not related to this stock, but I think NG is going to be interesting
You are right about the gas going the wrong way.
Probably few folks know this but I will point it out. The San Fernando - Cactus line rehab project, otherwise known as Mirage #2, involves changing the direction of gas flow from south--to-north to north-to-south including replacing compressors and fixing any pinholes in the line. This line was first developed back I want to say in the 70s? 90s, I can't even remember now, but we've put out posts on it a little while back. It was designed at a time when they expected a lot of natural gas exploration in the south with the need to move it northward, but that never actually materialized I believe, and now the need is to reverse the direction of that line, North (from Texas) to South (think Isthmus (and maybe even Yucatan but I believe other carriers have that))
Actually I only partially answered that question in another post.
He is not buying b/c he doesnt have the money to buy personally AND b/c he owns over half the company and for him to buy shares would be entirely foolish and not prove anything. In fact, I will argue that if we get a good run here, even with real news, let me repeat, even with real news, then IF he is able to unrestrict some shares, he should take something off the table just for personal security and in case Mexico turns the tables which if we haven't learned that by now regarding such a possibility then we're just plain dumb. That's my opinion, I doubt he would ever do that knowing him, too much pride.
And as said in another post, he is not selling any shares, they're all restricted, and if you mean the company selling shares, then yes absolutely private placement to fund the company.
End of story.
It’s been summer in Alberta for the last month
Good evening all,
Is the Groundhog going to show himself to everyone this week?
Only a fool did not lighten the load..especially those of us that bought at.015..remember them days when none of the clowns here knew about MRGE..
Selling at a high, any high even a temporary one, yes that is definitely a great time to sell, that I have no disagreement on, it's good money management that everyone needs to learn, and something i continually try to work on.
Let me address these concerns:
"Of course Ward is avoiding handcuffs by letting others post fake chit about a deal."
Handcuffs for what, working his butt off, risking his life in Mexico during COVID, his health often at risk, my goodness. Getting shot at no less.
"If there was a deal, he would be pumping the chit out if it."
Hmm no, that's not his style, getting a PR out of him has been very difficult including even the last one we had that was nebulous.
"His only deal is to sell shares from toxic convertible debt. Lol"
He hasnt done so in over 2 years
"Facebook cryptic messages,,,,, Lol."
Now that one is interesting. Definitely agree that there is crypticity (made up that word) going on there, but look at the players involved in those posts who are established respected players in their fields. You think they would be involved with a Pennystock grifter like Ward, OK, that is your opinion. They are risking their reputations and generating turning heads from their friends, family, constituents, and the like, for what, embarassment? Most objective people would argue that that is not the case, even though we do not yet know the details.
Like this post if you find it helpful.
Exactly its right in the filings ...
That filing you are pulling from, which you arent referencing by the way which one it is, is the Annual Report For the period ending July 31, 2022. Let me reference it for everyones attention:
https://www.otcmarkets.com/otcapi/company/financial-report/373816/content
The convertible debt was from Powerup Lending, while the Sale of Common stock is from Private Placement, a not terrible combination that has since shifted over to completely Private placement.
By the way what does "bruh" mean?
And what does "Bwahaaa" mean, are those Spanish language terms, can you confirm for me?
So the filings are false? Bwahaaa
bruh, right in the filings....
Conversion of Convertible debt 289,905
Proceeds from sale of common stock 277,910 415,000
Proceeds from sale of convertible debt - 367,000
Net cash provided by (used) by financing activities 566,612 753,812
Like this post unless you are part of the scam. Lol
right, and I was only asking about share selling b/c of the example that you brought up and it pegged my curiousity as to how AR companies insiders are expected to do so as it was brought up that Ward has been selling shares (which I debunked already as FALSE in a post a moment ago) but that if he had done so, what reporting would reflect that BESIDES quarterly reports, but I guess its all done in quarterly/annual reports. The one takeaway here is there could be significant delay as to when shareholders find out about sales with AR vs. SEC reporting, good to know. BUT I suppose a company could voluntarily disclose through OTC disclosure service if they so chose to be transparent in a more timely way.
Alternative reporting doesn't have the same requirements as SEC reporting. I haven't checked if Ward has or hasn't sold shares.
He decided to go alternate reporting since it was cheaper and takes less time.
$MRGE
For the benefit of all shareholders let me address each of these statements:
- "Lol, ward does not sell his shares, he has to keep them for control."
TRUE, good for him, he knows what he has I guess
- "He issues himself shares"
FALSE - there have been no issuances to himself since he created the company in 2017 6 years ago, he got all the shares he needed and was entitled to since everything in the company came from him from previous 4WardResources a private company that he owned and started. The 4 stands for his 4 sons by the way in case you were interested.
- "He issues toxic convertible notes for cash and they are converted for shares later. That is what is happening now, they converted them into share and are dumping."
This USED to be TRUE, in combination might I add with private placement. BUT now is FALSE as he hasnt done so in a couple years and there are no shares left to convert since before the company went to the expert market: From the latest Quarterly report:
https://www.otcmarkets.com/otcapi/company/financial-report/373820/content
- "The cash they get is used for G & A expense. Guess where that goes? Lol. $276,146 last year."
TRUE that's how the company keeps running like any other company in the world.
Feel free to "Like" the post if you found it helpful in addressing your questions
Lol, ward does not sell his shares, he has to keep them for control. He issues himself shares. He issues toxic convertible notes for cash and they are converted for shares later. That is what is happening now, they converted them into share and are dumping. The cash they get is used for G & A expense. Guess where that goes? Lol. $276,146 last year. Lol.
So are you inferring Ward has sold shares.. You and Juancy have lost me..please elaborate... alternative reporting sure brings new issues to light..
Can’t wait for it to be tomorrow morning. Hope everyone is having a good weekend.
Conversion of convertible debt….$289,905
Proceeds for common stock…$277,910
Wake up man. Lol
These clowns issue convertible notes for cash. Lol. Come on man
It is my understanding that they just add it to their quarterly/yearly fins. No more form 4's.
$MRGE
One Q I do have though, now that Mirage is Alternative Reporting, I am guessing that a Form 4 is no longer relevant to disclose insider selling, and so, I want to know under AR, how does an insider report, I assume through OTC Markets News and Disclosure Service, is there a format for that like there is for a Form 4? Is there a timeframe of 48 hours for reporting sales?
Since the claim is that Ward is selling shares, speaking of that, I urge you to check out VPLM. The CEO' wife is dumping more shares than is allowed by the SEC in a given period. Shady in my book, but all documented in recent overdue filings, with selling going back for many years.
So you're welcome!
In the meantime, unless there is any proof to the contrary, I'll take my chances here with Mirage...This upcoming week should bring some new eyes once they become Pink current, IMO.
Go $MRGE
So you think he is selling shares huh, that's interesting, do you mean personally or on behalf of the company.
In the former case, show us the proof, if it's real, then such undisclosed selling is wrong and we'll be up in arms and you will get a huge badge
In the latter case, how else is the company going to move forward without money. Oh and by the way, private placement at a fixed price is a lot friendlier than toxic notes of which there are none.
Why is ward selling shares and not buying? Bwahaaaa
Gas goes up and down in price.Storage by itself can be a moneymaker.Go MRGE.
lol bro chill. If you don’t believe in the projects than go somewhere else. no need to repeat the same thing 20 times
Natural gas is as low as it has ever been and these clowns are pumping this chit? Bwahaaaaa.
I have spent more at Papagayo's in Nuevo Laredo that ward will ever gross in Mexico
The answer is, they dont
Why does Nexico need Ward? They own the oil and gas in their country
OMG. 2 bbbbbbbbbbbiiillion. Lol. Another stinky pinky Worth bbbbbbbillions. Lol
Of course Ward is avoiding handcuffs by letting others post fake chit about a deal. If there was a deal, he would be pumping the chit out if it. His only deal is to sell shares from toxic convertible debt. Lol. Facebook cryptic messages,,,,, Lol. Wereee
Old wards scam has the gas going the wrong way. Bwahaaaaas.
Agreed that would be a MAJOR shift for Mexico. Imagine that, now Mexico becoming an exporter of natural gas. That will ONLY make sense with sufficient STORAGE, which would have to be immense IMO.
Who has the largest proposed natural gas storage project? And located in the same state of Tamaulipas.
Yes Mirage Energy
Project value of approx. $2 BILLION
$MRGE
Lol. Yep Mexico to export natty but wards scam is to export to them from the US. Beahaaa Lol. Old ward missed the boat. He needs to change his scam every century or so
I see this, along with any other mention of Mexico exporting natural gas (Seven export projects are currently planned), as huge. "Mexico in association with New Fortress will become an exporter of liquefied natural gas for the first time in history." Here is an NGI article discussing how risky this strategy is for Mexico (assuming they continue to not have any natural gas storage). It's a good explanation of how much getting storage goes hand-in-hand with the export strategy. The floating liquefaction plant in Altamira,Tamaulipas is the "sister" project to the Brasil storage field for sure.
Mexico LNG Buildout Poses Risks for Internal Natural Gas Market, Says Energy Policy Expert
BY ADAM WILLIAMS
May 26, 2023
Mexico’s decision to construct LNG plants to export natural gas may risk the country’s energy security and may be more costly than beneficial, a research associate at Columbia University’s Center on Global Energy Policy (CGEP) told NGI’s Mexico GPI.
“I think that there is a risk that these projects represent a burden for Mexico’s energy security, in which case, the costs may outweigh the benefits for local businesses, energy companies and the regular Mexican energy consumer,” Diego Rivera Rivota said of the country’s plans to re-export U.S. natural gas to foreign markets.
Of seven export projects now planned, “only two projects are actually under construction at the moment and, in my opinion, it will be very complicated that most of these projects actually move ahead.”
Rivera Rivota’s work at CGEP focuses on energy policy in Latin America, natural gas and liquefied natural gas markets in the developing world. He also researches critical minerals and the geopolitical implications of the energy transition.
Before joining CGEP, Diego was a visiting researcher in Japan at the Asia Pacific Energy Research Centre (APERC). In previous roles, Diego worked at Mexico’s Comisión Federal de Electricidad (CFE), the Permanent Mission of Mexico to the Organisation for Economic Co-operation and Development (OECD), and Mexico’s Office of the President.
Diego holds a bachelor’s degree in International Relations from the Instituto Tecnológico Autónomo de México (ITAM). He also has master’s degree in public policy with a specialization in Energy and the Former Soviet Union region from Sciences Po Paris.
Editor’s Note: The NGI Mexico Gas Price Index, a leading tracker of Mexico’s natural gas market reform, offers the following Q&A column as part of a series of periodic interviews with market experts of natural gas in Mexico. Rivera Rivota is the 103rd expert to participate in the series.
NGI: What are your thoughts on Mexico’s current plans to construct liquefaction plants to export U.S. natural gas to foreign markets?
Rivera Rivota: I think it is important to contextualize why a country like Mexico, which imported 70% of its natural gas supply in 2022, is so willing to export or, in this case, re-export natural gas. I think that some of these LNG projects may become a risk to natural gas supply in Mexico in the medium term for three key reasons.
First, absent a major policy shift, Mexico’s domestic production outlook may remain stagnant, accounting only for a minor share of natural gas demand. Natural gas domestic production has been stagnant since 2017. However, when the auto-consumption in the oil and gas sectors is excluded, domestic gas production accounts for less than 15% of available gas supply in Mexico for power generation, industry and other uses. This has to do with inefficiency in the oil and gas industry, including the fact that about 10% of total natural gas production in Mexico is either flared or vented.
Second, natural gas demand may still increase and is not projected to peak anytime soon. Over the past decade, gas demand has increased every year except for 2020, mostly driven by the power generation sector and to a lesser extent, the industrial sector. The outlook seems, however, rather uncertain, with a moderate upward trend through 2030, especially in the power and industrial sectors. For instance, state-owned utility CFE announced plans to build at least 4 GW of natural gas-fueled power plants, though it remains unclear if and when they will be built. In contrast, while solar and wind project construction has stalled during this administration, that may change under the next administration, as there is a huge potential that remains untapped at competitive prices to meet additional demand in the power sector.
Third, there are two key premises that support the construction of LNG export projects in Mexico. One is the abundance and almost unlimited supply of natural gas in Texas. And the second is the idea that Mexico has more gas than it needs and that there is a need to monetize this “excess natural gas.” Both premises, unfortunately, are inaccurate, lack a long-term perspective and may be a detriment to Mexico’s energy security in the medium term.
To simplify an ongoing and difficult conversation, it cannot be guaranteed that U.S. natural gas production will increase quickly enough to sustain rather resilient U.S. domestic demand. Add to this a robust increase in U.S. LNG exports, at least a moderate rise in U.S. piped exports to Mexico and on top of that, some extra re-export projects in Mexico. On the second premise, while it is true that not all the recently built pipelines that import gas from the U.S. operate at full capacity, the reasons vary from project to project and are complex. For instance, the Sur de Texas-Tuxpan offshore pipeline does not operate at full capacity, and that is partially due to an over five-year construction delay in the Tuxpan-Tula pipeline. Bottlenecks like this one will, hopefully, not be there in the next few years and this “excess natural gas” would then evaporate.
All of this, paired with extremely limited storage capacity in Mexico and heavy reliance on fuel for power generation, may mean a severe test for Mexico’s energy security only a few years down the road.
NGI: Do you think these LNG export plans will provide economic benefit to Mexico in the medium- to long-term?
Rivera Rivota: I think that those benefits may be limited and they will depend on how many and which of these projects actually materialize. About seven projects with a joint capacity of over 47 million tons/year have been proposed. Of those projects, only two projects are actually under construction at the moment and, in my opinion, it will be very complicated that most of these projects actually move ahead. As for the benefits for Mexico, I am afraid the bulk of it will be limited to the taxes and rights paid by these projects to the local, state and the federal government. I am not aware of any project that accounts for an extension or access to natural gas with associated infrastructure to local industry, for instance. However, there is an opportunity for that. Additionally, there may also be job creation and a few other regional spillovers.
That said, as I mentioned, I think that there is a risk that these projects represent a burden for Mexico’s energy security, in which case, the costs may outweigh the benefits for local businesses, energy companies and the regular Mexican energy consumer.
NGI: In your opinion, should Mexico develop a strategy to reduce its dependency on U.S. natural gas imports? Why or why not?
Rivera Rivota: I think history has shown us time and time again that energy security matters and hits low-income households harder, which we saw clearly in Europe last year. Also, a key component of any measure to mitigate risk consists in diversifying both energy sources and suppliers. At the same time, the world is transitioning quickly, albeit not orderly, to a low-carbon economy.
Natural gas is the single most used fuel in Mexico, covering more than 50% of total primary energy needs. Mexico also imports 70% of the natural gas it uses, essentially from a single state, Texas. This has been proven beneficial for Mexico, enjoying some of the lowest and most stable natural gas prices in the world, as well as a reliable and continued source of supply. While relying on energy imports is not a problem per se, having a high dependency on a single source does increase energy security risks. During the February 2021 polar vortex, where havoc and disruption in the natural gas and power supply affected large areas of Texas, the impacts extended beyond the southern border into northeastern Mexico.
Given that, I think a key task for the next administration in Mexico will be to create a strategy to mitigate the impacts of this dependency in the short term and to reduce it in the medium term. There are very clear mitigation actions such as reducing flaring and venting on domestic production, building gas storage capacity and increasing pipeline redundancy. On a second stage, there is more work to do on assessing how to increase domestic gas supply, including conventional sources, carbon capture and storage, biogas production and increasing the role of non-fossil sources in power generation.
NGI: Do you think that Mexico should consider holding new bid rounds, similar to those held in the previous administration, to increase domestic production of oil and natural gas?
Rivera Rivota: This is another area of homework for the next administration. I think whoever is in charge of leading Mexican energy policy should definitely do a thorough assessment of whether there are global conditions for Mexico and the oil and gas industry to do so. Mexico’s oil and gas upstream sector may not have changed much since 2018, but the world has. On the demand side, some conservative projections see global oil demand leveling off by around 2035. On the supply side, there are traditional producers including the Middle East, Former Soviet Union and the United States, but also newcomers like Guyana, which is not only very competitive in a cost-per barrel basis but also in carbon intensity. This may be a challenging environment which would require a lot of work for the Comisión Nacional de Hidrocarburos (CNH) to first assess if a fourth bidding round makes sense, and if so, how to conduct it.
NGI: What do you consider to be the biggest challenges today facing the Mexican energy sector?
Rivera Rivota: There are concerning issues all across the energy sector in Mexico from oil and gas production at the wellhead, to the prices paid to consumers, to the rising pollutant emissions. That said, I find three particularly urgent challenges.
The first one is the need to invest in the expansion of the power transmission grid. Many transmission corridors have been congested for years and as power demand will keep growing, the same infrastructure may not be able to cope with it in a few years. The congestion of transmission lines may produce interruptions of power supply, as well as make electricity more expensive and hinder the integration of additional and cleaner sources of power.
A second challenge has to do with long-term planning on the role that natural gas will play in Mexico through 2050. This must include a detailed assessment of the power sector for each of the demand sectors, and determine how each of them will choose a specific decarbonization pathway. On the supply side, this assessment must be used to guide investment about which infrastructure is to be developed.
Finally, a huge task is how to engage both state-owned companies on their own decarbonization strategies and the role they will have in the country’s energy transition. Any feasible pathway to the clean energy transition for Mexico must have both Petróleos Mexicanos (Pemex) and Comisión Federal de Electricidad (CFE) at the core of it.
NGI: What do you consider to be the biggest opportunities in the Mexican energy sector?
Rivera Rivota: I think a number of opportunities are open to Mexico both with the current geopolitical context and the resource endowment the country has. A huge opportunity lies on the largely untapped solar and wind resources the country has, given Mexico has one of the strongest levels of radiation in the planet and enormous coastal areas with potential for both onshore and offshore wind. These resources are only comparable with a handful of countries like Australia or Chile. I think that materializing this potential is an enormous opportunity for Mexico for a number of reasons including attracting investment, creating jobs and reducing emissions. Moreover, low-carbon electricity will be an enabler to further decarbonize demand sectors like industry, infrastructure and transportation.
However, as we know, not everything can be electrified. I think this opens a range of opportunities for most technologies and fuels to play a role, be it natural gas providing flexibility in the power sector, oil in the petrochemical sector, as well as key technologies with huge potential such as low-carbon hydrogen, and carbon capture and storage. In all of these areas, Mexico is in a prime position to capitalize on the effects of the over $3.6 billion of investment from the implementation of the Inflation Reduction Act, on the southern part of the Rio Grande. The extent to which this opportunity is taken advantage of, and the enormous potential that could materialize, is a decision of energy policy that will need to be made in Mexico City in the years to come.
https://www.naturalgasintel.com/mexico-lng-buildout-poses-risks-for-internal-natural-gas-market-says-energy-policy-expert/
Welcome Tommy
$MRGE
$MRGE Moves on air..looking to see if this breaks .10 this week..
— Tommy Boy Trader (@QuabbinR) June 4, 2023
TommyBoyTrader Telegram Room has eyes on this now..check out what else we are looking at..https://t.co/hgN1IiEdJp pic.twitter.com/Hy8huE35kL
On Monday, before the other platforms open trading back up?
Opens at .11 is my guess
.15 close
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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)
June 5, 2023
MIRAGE ENERGY CORPORATION AND ITS SUBSIDARIES, ANNOUNCE THE SIGNING OF A BINDING MOU AGREEMENT FOR THE DEVELOPMENT/TRANSPORTATION WITH GRUPO CONSTRUCTOR HERMED, S.A. DE C.V.
MIRAGE ENERGY CORPORATION (OTC PINK: MRGE) and its subsidaries announces it has signed a binding Joint Venture Development Agreement/ Transportation Agreement and off-take agreement.
This agreement BETWEEN Mirage and Grupo Constructor Hermed, S.A. de C.V. is for the development of three projects Mirage and its subsidaries have been devoting time and money.
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
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
March 16, 2020
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
(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.
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