[MattyTrader]

Someone seems to be soaking for one reason or another....

[ToucanYoucan]

$REOS - Trading very well today - good to see! 100,000 shs just went at $.0175

[i_like_bb_stock]

no idea

[MattyTrader]

Wonder why the recent volume?

[Nezitic]

Interesting recent volume

[i_like_bb_stock]

https://x.com/ReostarEnergy/status/1742671217415594108?s=20

[ToucanYoucan]

Put your Big Boy pants on and bid more! lol
Full disclosure: it's not me, I think they're diluting this puppy. No dilution has shown up on otcmarkets.com though.

[resx18]

stop jumping my bid $REOS

[WHITTENHALLJR]

Ask now 8. :( feed me please

[WHITTENHALLJR]

Grabbed a few …

[WHITTENHALLJR]

Interesting

[ToucanYoucan]

$REOS - OK, thanks very much.

[MattyTrader]

Will be paying close attention to SS changes but it’s clearly dilution with BLAS on the ask.

[ToucanYoucan]

$REOS - What do you think it is? New shares being issued?

[MattyTrader]

Kinda sad they’re destroying such a nice clean ticker…. Faucet open wide at the moment… going to put in some bids in 000s

[ToucanYoucan]

$REOS - I figured it out. Interesting.

[ToucanYoucan]

$REOS - Why am I seeing a filing for K-Chain Group, Inc. attached to the REOS board?

[ToucanYoucan]

$REOS - I don't know how to react to today's offering/filing. I suppose my first reaction is: It's Alive!!!!!!

[ToucanYoucan]

$REOS - Good to see the filing. One picky point - The report is for the period ended 6/30/23. The Subsequent Event footnote mentions Peter Koch coming back on Jan 31, 2023.
This would have been a Subsequent Event at 12/31/22 - but not at 6/30/23. It happened during the period reported, not subsequent to it.
Like I said, good to see something!

[Carjockey2]

It will never turn around...did you pump this pos???

[NewOldGuy]

Hopefully this turn around soon. Have much in it.

[i_like_bb_stock]

https://twitter.com/ReostarEnergy/status/1666538115115409408?s=20

[i_like_bb_stock]

Weird well hopefully not too late

[MattyTrader]

Looks like this is their annual … idk lol..

https://www.otcmarkets.com/filing/html?id=16663707&guid=4bu-keHwt0X_B3h

[i_like_bb_stock]

Yeah I’m so confused this is an offering filing when did they ever file any financials

[MattyTrader]

?? $REOS
?? Pink Limited Information
?? 0.0072
??? AS: 200M • R: 66.11M • UR: 22.23M • DTC: 20.11M • Float: 14.63M

SEC Filings:
?? 1-K (Annual Reports and Special Financial Reports)

OTCM Profile | Twitter | TradingView
2023-05-17 16:54:49 EDT | @ASE

[i_like_bb_stock]

yea another pile of poo

[MattyTrader]

Looks like EM coming

[i_like_bb_stock]

yep nice to see

[MattyTrader]

Huge spread here but some solid smacks on ask despite bid being lower… interesting.

[dad investor]

I saw that also...maybe finally we can get out of the basement! I heard they are filling SEC docs to switch from oil and gas to strictly mining so maybe the guys who bought the company have more sense than the previous honchos!

[ChiefZ]

https://finance.yahoo.com/news/reostar-energy-corporation-acquires-interest-145300384.html

[ToucanYoucan]

$REOS - I see REOS is taking a dive this morning. I was thinking of picking up some.
At 12/31/21, the Outstanding Shares totaled 80,743,919.
At 2/13/23, per otcmarkets.com, it's at 88,343,919 - An increase of 7,600,000 shares.

Still a great share structure imo. Were the 7,600,000 shares issued as part of an acquisition or for a note?
It would be nice to see some current financial statements.

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

[ToucanYoucan]

$REOS - I don't understand how you can run around making these deals (prospective deal with Iron Ore Mining Co.) when you can't even produce a freaking financial statement.

[ToucanYoucan]

$REOS - I'm glad I got completely out with a small profit. I'm still following it, but this was a really weak update.
Not a single word about getting their financial statements up to date.

[i_like_bb_stock]

news https://www.otcmarkets.com/stock/REOS/news/story?e&id=2443689

[CashCowMoo]

is this still a company?

[ToucanYoucan]

$REOS - Can someone tell me why this is still Pink Current? We haven't seen a Financial Statement since 12/31/21.
Quarterly statements are not required?
Thanks in advance.

[DPS1212]

You might be right though. It could be awhile. No one buying.

[DPS1212]

Grabbed a starter yesterday. It’s coming.

[ToucanYoucan]

$REOS - Why aren't you buying? Where's the volume?
You're like everyone else. Waiting for this to crater.

[DPS1212]

If you ain’t loading here you’re loading much higher. No reason for this massive discount. Taking advantage.

[ToucanYoucan]

$REOS - If we get more "news", we'll be below a penny! lol
But, seriously, it's just a LOI, so we'll see what happens.
If they are trying to put together a portfolio, it's actually a good idea to start out with some solid companies that have been around a while and produce some steady cash flow.
Or, put another way, you don't want to start out by acquiring a business that will suck cash out the company.
Remember, REOS has a totally clean balance sheet after the bankruptcy was administered for many years and finally discharged. The Balance sheet was basically zeroed out.

[ToucanYoucan]

$REOS - Well, that news went over like a lead balloon. Probably because it wasn't in the energy sector...or green energy.
That's OK - It's just a LOI - they never come to fruition anyway....lol
(I'm just jaded because I've had a long string of LOI's that never turned into anything).

[i_like_bb_stock]

news https://www.globenewswire.com/news-release/2022/10/11/2532293/0/en/ReoStar-Signs-LOI-With-L-Myers-Associates-for-Acquisition.html

[BrandyD]

https://www.globenewswire.com/news-release/2022/10/11/2532293/0/en/ReoStar-Signs-LOI-With-L-Myers-Associates-for-Acquisition.html

[i_like_bb_stock]

agreed

[MattyTrader]

14m float, could be a nice mover if they execute imo

[i_like_bb_stock]

yep news out