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I see it as progress regardless.
Could use a win. Go mrge.
Updated lawyer opinion letter submitted Monday which lists all of the filings from 6/2 onwards. I am still shooting for Weds to be Pink Current barring any further required updates from OTCM which is always possible. I do not expect a significant increase if any in the stock price, but would welcome anything positive on that front.
I, agree.. the financials as well as the lawyer letters are sketchy.. But remember, this is not the end of the world.. Getting pink current will happen.. Are you a believer political change is gonna happen in Mexico! Lets face it, if this remain the same,Ward has proven,he can't get it done..
The pictures are great,BUT, most dont know what they really mean. Give this a little time. After Voorduin finishes gay month, maybe the picture will be painted clearly. Ayala sure stays quiet. Like Ward!
The goofball lawyer already submitted false opinion letter(s). He did not even bother to contact the TA and he certified MRGE financial advertisements that stated the wronGGG sharecount.
If the law dude did nott even bother to verify the correct sharecount with the TA, his diligence for rendering the opinion is worthless and nott worth a damn.
Geeze, sharecount is the most basic, fundamental information in these "financials".
Law dude could nott/did nott even Czech that with the TA.
WOW.
Seems like I can stop warming up my vocal cords. What is the reason that we are not current after 10 business days? My guess is another bs propaganda scheme to get more pp $!
Is this lawyer going to certify a fake office? Lol. Let’s see. Lol
I can’t remember his name, but I will find out in the morning. Old ward screwed his landman in dimmi county too. He was a guy from Victoria Tx. Ward screwed him too. Lol. Remember, Mikey, we don’t forget
The scammer Ward rented a pump jack to make it look like he was an oil guy. Then he never paid them. Lol. Remember that Mikey? Lol. A fake oil man. Remember Waters and Waters? Lol
Will old grifter ward get arrested if he goes back to dimmit county? Lol. Bankruptcy doesn’t clear everything. He screwed lots of people there. They would love to see him
Can anyone tell me what old Grifter Ward brings to the table for anything?
Is the ceo, old grifter Ward, in Mexico on Mrge business or there celebrating pride mont ph wit ph Adolfo? Are investors paying for his pride? I see lots of pride post on Adolfo’s page and nothing about MRGE
Happy Juneteenth.
Maybe this is our week
Happy Father’s Day to all you dads!!
Wishing all Mirage shareholders a happy Father's Day!
$MRGE
Rumors have MRGE running a pipeline from the MMEX refinery, in Pecos County, to Mexico. A MOU to be out soon
Yep, your analysis there is spot on. Grifter WARD is the typical Stinky Pinky pump and dump scammer. Unfortunately, he has people who play the game WITH him and they promote the “everything is great” narrative
Pure horse hit! I run quick books for my business..I dont have multiple masters, but I understand simple accounting..Stop defending ineptitude or just book manipulation..
For this stock/company to move forward Ward needs to wake up or we will languish forever..Accounting is no where near as complicated as you make it out to be..WE HAVE NO INCOME!!
He needs to get his head out of his all mighty pipeline ass attitude and treat this as it is, A PUBLICLY TRADED COMPANY.. that being updates, timely and correct financials and something other than an MOU..
My patience is thin!!
Thats for sure I really was having doubts as to whether we would trade again partially because it wasn't clear to me what the rules were after the Expert market came into effect but really nothing has actually changed is my conclusion
Doing filings for Ward could be a little like the thorn in the side that the apostle Paul had, something that never goes away, always hanging over your head and handicapping you, I dont know. But yeah he's not spending time reviewing fins, and well, while what we get is certainly not perfect, its luckily sufficient.
Yes to your last points for sure !
No doubt, it's basically a miracle he got this trading again.
Do people actually think Ward is spending time reviewing the fins??? Lol
Mirage is in an excellent position here. And whoever has wanted to buy in at these low levels has had more than ample time.
I'm looking for continued progress on these projects over the next 12 months with share price appreciation to match
I totally get where you’re coming from, especially starting my own business by borrowing 100k off of my credit cards and building it into a 10 million dollar business. Get the business, then figure it out…
This is not his first rodeo.
I would devote almost all my time and what limited resources I have in landing a deal from Mexico
Nothing else matters
I hope for the best!
I agree, he is not good at delegating to those that can help him including shareholders and that's a problem for sure. I was speaking strictly from a one man show perspective where one person was actually forced to do everything, and maybe that's what he feels or has put himself into that position for whatever reason I just dont know.
If your business was about to be sold, or you knew you were about to land a huge account, would you make sure everything was copacetic, right?
Another thing to keep in mind, most companies even small caps have separate CEO and CFO positions, where the CEO is incapable of doing the books as he/she doesnt have the time or aptitude to do so, for example Tidelands had separate roles, but in this case, at this point Ward functions in all positions, i dont even know if Patrick is still being paid. So, try doing everything and see how you do. For instance I do the books (QuickBooks) for our small business. There is no chance in the world my wife would ever be able to do that, meanwhile she is essentially the one who "runs" the business, and I wouldnt be interested in doing that. Give him a break, he's doing the best for him.
Well I accomplished what I wanted. Lol. A little weekend banter.. see you guys on Taco Tuesday.. and have a happy Juneteenth....$$$ go segio$$$gomrge$$$$
Yup. Can’t make it up
Remember when he raised $125,000 for permits but gave it to his wife? Lol.
Yes, this is true. I think if there is nothing substantial in the next 2 weeks, then everyone should just move on and delete this symbol from ihub, and I will delete ihub from my phone!
People can choose to buy a house from someone else
The problem is old grifter ward collects the money to build the house and never builds it
It’s like being a developer and you build homes but bathrooms you do suck
But heck it’s ok it’s not your strong point lol
CMW's strong point is grifting and swindling investors. Including swindling the same ones over and over and over. And with the same story no less.
This is AAA-level swindling.
Yep, taking care of business is not his strong point. A life long string of failed projects and bankruptcies.. his only strong point is fleecing people out off money
Is the excuse of "its not his strong point" getting old...Imagine, being the CEO of publicly traded companies for decades and filings are not a strong point..
One might turn that around and say negotiating with Mexico is not his strong point either!!! We do know he excels at PP paperwork... I am just saying!!! Have a great weekend. $$$go segio$$$$go mrge$$$
I appreciate your updates and sharing your perspective.
Interesting tidbit on the newswire thing.
This week I'll look forward for us becoming pink current and hopefully a homerun press release in short order.
EXECUTIVE SUMMARY: Straight gold bullshit signifying nothing.
There are so many cross-currents going on with all the FB posts many of which probably have nothing to do with Mirage but rather all kinds of causes that these folks have involved themselves with, even Michael doesnt know or care about it and we probably shouldnt either. I've tried to read into just about everything I get my hands on and nothing stands out besides the obvious of what we know which is the following:
- Sergio is a key player and already a leader within Pemex (union). Whether he is capable to step up higher I do not know.
- Octavio wants out to become a governor and so a replacement would be needed as well as probably other high level positions within Pemex and SENER (with Nahle also moving on) and this I would think would happen in short order, and not the usual Mexican timeframes of weeks or months. Also noting that Manuel Bartlett head of CFE also looks to be moving on per the article.
- Hermed or Hermes whichever one you believe it should be represents a group that none of us can get our hands on reminds me of researching OMD which was a dead end (and still is), at least Bluebell had an actual presence that could be tracked down. I think they must have ties to the funding somehow since none of the gang of seven has any of their own resources. They are bound to execute all three projects with Mirage
- A leader in the Navy is involved in the facilitation of the projects as shown in the last of the pics in the issuewire release (oh by the way we will not be using that service the next time I've been assured of that, that was a debacle the release doesnt even show up under OTC Markets free releases let alone the brokerages). Recall that the Navy is in charge of the Isthmus CCITT projects, that's been known for a while now.
- Adolfo is literally all over the place, he's a crazyman I dont know how he has time to be involved with so many organizations and people and yet still be effective, but he's well connected, to AMLO and/or his family I presume (though someone pointed out to me that he has some opposing views I dont know, too much time to research at that level), as well as many govt officials
- Michaels going down to Mexico for taco Tuesday as usual
What we dont know is where we stand with regards to the Mexican government persay, that's the big question. It may already be in stone behind the scenes but it might not be, nobody knows.
Unless you leave and breathe down there with boots on the ground it's not going to be trivial to put all the pieces together and untangle all of the relationships especially if they have gone to pains to prevent that, and we don't necessarily need to. We just need a deal, hopefully we get one.
I have dug deeper..Does Voorduin have ties politically to anyone we might know..Stop the Bs.. something is brewing.. just say it... what the hell is all the Facebook posts about?
The exact things that Macod and I pointed out in the updated filings this past week. If you update the filings, you need an attorney letter that reflects those exact filings, not the old ones. It's just busywork, hopefully that's the end of it. Going forward we'll only need to deal with one filing at a time per quarter, and I expect it to go smoother than trying to catch-up 6 filings at once, really 7 including the last quarter. We'll need to stay on top of it and never get into this situation again.
Like this post if you support "We'll need to stay on top of it and never get into this situation again." LOL
Yes, yes u have said this for years now!
What needed to be amended
Its not his strength, you know that clearly, accept it, it's probably not going to change. Its not worth getting bent out of shape on or we go crazy. Lets focus on the strengths, while accepting the weaknesses.
Why are there always issues with Ward and his filings??
I mean if he really has something substantial going on, how come the paper work I always an issue?
Mirage waiting for updated lawyer letter that should come any time here, which will immediately be submitted to OTC markets after which we should be Pink Current. My new date for this is Weds given Monday is Juneteenth holiday. Michael heading down to Mexico on Tuesday, for what, probably more talking, eating and drinking, all of which Mirage pays for.
Evidently this guy Adolfo is very well connected and a really good guy according to Michael.
I forgot to ask who is that one guy we have yet to identify in the group of seven, if anyone can ask next time they talk to him that'd be great. Even if not a name, but a role that'd be good to know.
It’s not even about pink current anymore.
We need a deal. Hopefully next few weeks
It hasn't even been 3 weeks since it became Pink limited and we received an MOU. Let's take a deep breath...hold...exhale...and repeat.
Pink Current is right around the corner and we then have to see how things pan out as more news trickles in.
$MRGE
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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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