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Adding this a.m., $FTXP. Beautiful low float play, pps .022, less than 8m float, no r/s history, otcqb current, 8k filings showing future revenues, rumor of big acquisition in the works
$BBUCQ Definitely one to watch and/or try to pick up a few shares
Current pps .10 with only 332,000 shares floating! That's right...
a 332k share float!
I recently verified that Joel Flowers still owns the ticker and last year brought on as an authorized agent, Michael Deighan.
Deighan is a very successful professional with 25 years experience on restructurings, bankruptcies, dispositions, acquisitions, specializes in corporate real estate, and he's handled over $5 Billion in transactions during his 25 years as a financial pro.
https://www.okeefellc.com/our-team/michael-deighan/
Over a decade ago Joel did a BK during the economy crisis and also due to an ugly divorce. Currently now he's leaving a paper trail that shows promise that he's getting ready to revamp the ticker.
There's court papers showing dismissal, a new bigshot agent on board, MI newspaper articles about him opening new locations, the BBUCQ MI state license is active, a couple corporation tracker websites reporting his locations are doing over $8 million annually in revenues, plus he still owns several other successful businesses in MI and TX.
All signs of life and now that Deighan is on board, it's pretty clear the ticker should be back in play soon.
Only 862,000 shares outstanding and 332,000 shares floating. Anything from one PR to a filing could send this straight to multiple dollars.
Not too bad buddy
Hey Warped! I been good, so how about yourself... how you been?
What’s up Sobek, long time no talk lol.
$ALYE Reaching out to IR, lips are sealed on details but lots of excitement in the air... updates right around the corner.
ACRL - imo not ready, lots of conversions coming in looks like... going to depend on how big of a catalyst they have/are putting together...
Didn't see any preferred issued, means all backed by commons...
$HTIC like clockwork, flirted w/ a penny in a.m. then pulled back, watch for another spike today
$ALYE .35 up, that's approx. what insiders paid for their preferred on a liquidated basis...
Thanks Sobek (no PM). Check out ACRL and let me know what you think. Good SS with promising tech
$ALYE Seven weeks until fins are released. They should be right on time and pre/proceeded with a major update.
Closed at .25 yesterday with a $3.450 million market cap
Has a book value of $27 million or, $1.95 a share as she sits
Watch for $HTIC to push close to/over a penny today then a slight pullback.
Accumulation should stay steady for another week or so, ppl will start to lose interest if no PR by Wed. next week give or take a day
Keep an eye on the Daily List to make sure they don't do a surprise R/S
http://otce.finra.org/DailyList
Here you go, in the Ibox and the first few posts https://investorshub.advfn.com/Aly-Energy-Services-Inc-ALYE-32780/
Nice, i'll read up the DD on it.
No prob. Grab some $ALYE if you haven't... they are the one my friend. Date we're waiting for is March 15th.
Awesome, thanks.
Looks like the bottom from last two years churned out today, watch for a gap pre-market, huge blocks were getting absorbed between .0058 and .0065 EOD.
Both candidate companies are nice... still need more info to come out though.
Last 10-Q shows minimum debt for shareholders, $22k in notes due, and 14 million preferred issued. Balance sheet is nice for a R/M of some kind.
But watch for what they do with the preferred. That's where the new owner takes control.
Could play out in a number of ways... we just have to wait and watch... charts are saying penny break + very possible...
TGLO Booming, short squeeze on massive volume, nice call G3trich!
Reverse Merger is Official
Delfin Midstream w/TGLO
https://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=12472719
Happy New Year! $ALYE kicking the year off as my top pick, can really see them uplisting to the NYSE or NASDAQ sooner than later.
I say grab your shares. Bottom is bought up except a few traders looking to flip.... most likely to try and get some volume churning before the PR that will send this flying comes out...
Anyone who follows me knows I'm always very early for the show! I'm loaded with shares and kicking back waiting for the curtain to go up.... going to be a phenomenal show imo!!!!
$ALYE
Based on my own experience of trading the OTC for close to 20 years, is that people often perceive a preferred placement in an OTC company as an opportunity for insiders to dilute and dump common shares through increased toxic financing while maintaining total control over the company.
And I would say approx. 90% of the time this holds to be true. Preferred shares are acquired through grossly discounted prices or at times with none of their own money except the few hundred dollar state fees to create the shares for the sole purpose to maintain control while toxic debt destroys common shareholder value.
This is not the case here. If looked at closely, we can see that they were very cautious in the building of $ALYE with a definitive long term strategy to success.
From starting off with the limited costs associated with obtaining a shell and listing on the pink sheets to using big banks to finance startup, to a three stage internal restructuring that took almost 18 months to complete to eliminate the outside debt used to grow the company, they have held strong to their goals.
This type of investment strategy allowed them to concentrate on preliminary acquisitions for rapid expansion while allowing the option of a BK and quietly disappearing from the pink sheets in the event they failed.
When conducted properly and with it's intended purpose, a preferred placement by the founders, insiders, and board members, using millions of dollars of their own money to payoff 100% of outside debt, is a huge green flag that big board up listing is in the future plans. And this would not be the first time this management teams has done this successfully.
Aly has grown from a mere $250k in assets to well over $35 million in under 5 years. Their revenues have grown in the same time period from zero to the over $11 million reported last quarter which represents over a 25% YOY 9 month ending increase.
Also if we note, they conducted a reverse split of 1 for 20 right before they began their internal restructuring. This here is also a perfect example of the true purpose of the use of reverse splits to protect shareholder value, to lower opportunities for hostile takeovers, squeeze out owners of shares from the previous shell, and greatly increase shareholder equity. This process is almost always found in the history of OTC companies that have successfully broken the chains of the OTC to successfully up list to the NYSE or NASDAQ.
So, I'm excited. After doing this for so long I can honestly say this company is a gem and has every catalyst I look for when going in for the long haul. They currently reflect a $2 book value, a .03 eps., double digit YOY revenue growth, triple digit qtr. over qtr. growth for Q3 2017, and a whopping EV/EBITDA pps of $7.35.
Yesterday they were up listed to the OTC QB tier and I'm betting a lot of money that an up listing to the NYSE is most definitely in the plans.
$ALYE - Founder, former CEO, and current Chairman Micki Hidayatallah (72), was responsible for taking Allis-Chalmers Energy Inc. (FKA NYSE:ALY) from approx. $47 million in revenues to well over $650 million in revenues between 2004 to 2011.
In 2011 Allis-Chalmers Energy Inc. merged with Seawell Limited (NOTC:SEAW) in a transaction worth $1.1 billion ($890 million after assumed debt). At the time of this merger, Allis had over 3,300 employees and combined with Seawell, doubled their employee count and expanded their reach to 4 continents.
http://archerwell.com/about/
$ALYE over the last 5 years has built a multi million dollar company from the ground up. They started with the safety net of big bank financing on credit based on past success with Allis and, once they achieved their path to success, using personal money, insiders and close affiliates of the company paid off that debt through a preferred placement.
Now all current debt is held by officers and insiders as well as their current lines of credit. In other words, now the company is very self sustaining and poised for exponential growth.
Some nice $ALYE blocks for sale under a buck... current bid of .2231 is a friggin joke... company worth minimum $1.95 a share and growing.... just read the filings!
$ALYE Another bid/ask standoff today w/ only 114 shares in volume. The eod sell painted it down so, we could see a 200% gain if it strokes .96... there were approx. 30k-40k shares floating around on the ask today between .45 and .60... if we can clear those and hit a buck, a lot of eyes will be looking...
$TKCI - Nothing since July, website still showing Seminole Indian Co. as a sub and Chief Billie's name... but no telling what's going on there
$PSMH Very quiet... IR stated filings being worked on but didn't give a time frame... should be getting close
$OMGT Still looking good, dipped a little today but not worried... financials and news will move it
$EQST - Second biggest volume day last 12 months, hopefully they're ready to kick out some news.
$ALYE - Lots of haggling on the bid/ask today... bottom line is the ask has the upper hand. No one selling into the bid and haven't been, there was over 100k shares bidding between .25 and .45 today and only 200 shares filled....
Once this gap between .30 and .70 gets filled, dollar break will happen quick... and it WILL NOT look back.
$ALYE is worth dollars and run by an extremely experienced management team that has had a plan since inception... $100+ million company in the final stages of making it... read the filings, read up on the management, look at the charts, do the math... she's ready...
Happy Holidays!
$ALYE
$ALYE Churned second highest volume day of the year, 51k, closed up 44.69%, closing pps .35 w/ a HOD at .748
QB cert. renewed and profile updated... 13.8 million o/s, Approx. 63.47% insider owned
http://www.otcmarkets.com/financialReportViewer?symbol=ALYE&id=184471
Last balance sheet and revenues... (shown in thousands except shares...)
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12379680
$ALYE Current bid an insult... .30?!?!?! Seriously? .03 eps., $27 million in shareholder equity, over $11 million in revenues for the 9 months ending Sept, 13.8 million shares o/s, and a speculative 6.2 million shares floating (very possibly a lot less) and acquisition targets already on the table... all in the filings...
Forget about getting filled... commissions going to destroy bid sitter's pps average with these 10 and 15 shares being tossed into the bid!
No more shares showing up on the ask below a buck... holding mine now until at least $2.50 after last talk with CFO this past w/e.
Happy Holidays
$ALYE
Anyone following $ALYE I have an update ....
They closed Friday with a market cap of a mere $2.7 million.
Their last reported assets are $36 million with liabilities at $9 million... an eps. of .03+... and revenues up over 25% YOY for the 9 months ending in Sept. as reported at just over $11.1 million.
With 13.8 million confirmed outstanding common shares, that gives them a current A/L book value of $1.95 pps minimum and, an EV/E value of $7.35.
The stock is currently in way undervalued territory. Not oversold territory but undervalued (big difference). In my book this is a buy.
I've established an open line of communication with the company and can honestly say, they are straight forward, honest, very professional, and not giving away any hints that would start rumors. In other words, not your everyday run of the mill pink sheet.
Their management team, numbers, and filings speak for themselves and they are more than happy to answer any questions pertaining to them:
Website: http://www.alyenergy.com
Phone: (713)-333-4000
Email: alya@alyenergy.com
There was a three part internal restructuring that was successful. They created a preferred placement including officers and directors. These are the only preferred issued and outstanding and details are in the filings under Note 3.
This restructuring helped them avoid BK and abled them to create close to $27 million in current common shareholder equity all while growing the business and not disturbing everyday operations.
7 Insiders currently own 55% of the current 13.8 million shares outstanding. That leaves only roughly 6.2 million shares speculatively floating.
Currently on the L2, there are approx. 40k shares available under $1. 50-60k in volume could send this Monday upwards to 400% and the charts, filings and numbers have the proof to support the pps increase. The strength to create a new support level close to if not at a $1 is definitely there.
What I think needs to be pointed out, is the management are not the typical 'hustlers' found running pink sheets.
The founder already built up and sold one industry related company for $1.1 billion. He also built up $ALYE from just over $250k to well over $36 million in assets in less than 5 years.
The CFO, also the founder's daughter, was previously employed at her father's business that sold for $1.1 billion (Allis now known as Archer) and has been with $ALYE since becoming publicly traded in 2013. She was an investment banker in the Financial Restructuring Group of Houlihan Lokey Howard & Zukin and graduated summa cum laude with a degree in Business Economics from the University of California at Los Angeles in 1997.
http://www.alyenergy.com/corporate-governance
The CEO work as co-head of The Energy Group at RBC for ten years. He gave up that job to run ALYE.
In a private email I got, I was asked 'why?' I'm giving up a stock like this on a public stock forum.... straight up... it needs volume... once volume starts coming in, I won't have a problem adding over $1 as I see this company worth several dollars a share within the next year or so.
After speaking with the company, I concluded they are in a well deserved 'quiet' period after close to 18 months of a very successful internal restructuring. I see this as an opportunity to enter the stock at rock bottom prices before PR's start as early as March when the 10-K comes out.
Best of luck and HAPPY HOLIDAY'S!!!
$ALYE OTC Markets profile web page updated again. Reflecting new management and increased number of employees... can safely predict a $2 pps or higher coming in the near future... simple math, checkout their last 10q.
$ALYE Recap - News will send this flying.
From Sept to Nov they brought the company SEC compliant after a brief spell of falling behind. The CEO/Founder stepped down after initiating the internal restructuring plan and following through on it. He did a great job.
- There's $36m in assets, $9m in liabilities, .03 eps., 13.8m o/s and still filling orders under a $1 pps.
- Reflecting book value of $1.95, (fully diluted est. $1.45), and ev/e value of $7.35
- The new CEO came right over from RBC, he was co-head of The Energy Group for ten years. (Huge green flag for him to give up that job to head up ALYE)
- 10-q disclosed there's already acquisition targets to expand business and grow revenues
- Revenues up almost 25% YOY
Everything done here except the PR campaign to really get the volume to come in...
$ALYE
http://investorshub.advfn.com/Aly-Energy-Services-Inc-ALYE-32780/
http://www.alyenergy.com/
$ALYE - Next Oil Play to Explode ...
- Completes successful internal restructuring
- All SEC filings brought current in Nov.
- Assets: $36 million
- Liabilities: Only $9 million
- Outstanding shares: 13.8 million (close to 80% insider owned)
- Enterprise Value/EBITDA (Takeover Value): $7.35 pps
"Aly Energy Services and its subsidiaries provide equipment and services essential to the drilling and development of oil and gas resources, including mud delivery, solids control, fluid management, and directional drilling and measurement-while-drilling services. The Company serves the Permian Basin (in Texas and New Mexico), Eagle Ford Shale, Utica Shale, Marcellus Shale, Woodford Shale, Granite Wash, Mississippian Lime, and Tuscaloosa Marine Shale. ”
The following link provides a map of the Basins nationwide they do business in. http://www.alyenergy.com/about
The company was started in mid 2012 and was SEC compliant by March of 2013. Between March of 2013 and September of 2017, the company has grown their asset base from $293k to well over $35 million with current liabilities at $8.9 million.
Their YOY revenues for nine months ending Sept. of 2017 have increased by just over 25% as reported at $11,179,000 with an eps. of .03.
Founder, Micki Hidayatallah, also founded Allis-Chalmers Energy Inc. (ACEI) in 2001. In 2008 ACEI was named by Fortune as the 3rd fastest growing company in the USA, ranking #1 in revenue growth. Mr. Hidayatallah later sold the company for $1.1 billion in 2011.
Mr. Hidayatallah, being in his mid 70’s, stepped down around May of this year. Shortly after the company became delinquent in their filings and the opportunity to enter at rock bottom prices opened.
Between September and October of this year and since the company appointed Mr. Shauvik Kundagrami as CEO, the company has again become current and SEC compliant.
Mr. Shauvik Kundagrami has been Chief Executive Officer at Aly Energy Services, Inc. since May 01, 2017 and serves as its Director.
Mr. Kundagrami also served as co-head of the energy group at RBC for the prior 10 years. https://www.rbccm.com/en/about-us/history.page
http://www.alyenergy.com
$ALYE Filings Highlights:
During the three months ended September 30, 2017, the average U.S. land-based rig count was over 900 compared to approximately 450 for the three months ended September 30, 2016. The substantial increase in rig count was heavily concentrated in Texas, particularly in the Permian Basin, and our operations in Texas expanded significantly year-over-year.
Micki Hidayatallah, the Chairman and CEO of the Company stated: “In 2016, Aly Energy felt the impact of the greatest and longest recession in oilfield activity in the last 20 years. We stayed true to our vision and survived the intense volatility of the cycle. We initiated a 3-prong strategy of cutting costs, maintaining market share, and preserving liquidity.
We never sought protection from our creditors through a bankruptcy proceeding and, thanks to the loyal support of our investors, a related party was formed to buy our senior secured debt and leases from Tiger. In conjunction with this transaction, we simplified our balance sheet through the conversion of all outstanding preferred stock, subordinated debt and contingency payments into common equity. Today, all of our debt is held by a related party and we have cash in the bank to meet our commitments in 2017 even if we do not see further improvements in the market until 2018. In 2018, we believe that our customers’ costs will be lowered sufficiently by new technology which will result in increased activity in all forms of drilling, completion and production in the domestic shale basins.
Our long-term business strategy still includes growth through the acquisition of other businesses. Currently, we believe that there are numerous acquisition candidates which would be attractive to us and would add value to the Company and we are considering all of these options.
It is a great privilege for me to be part of the management of Aly Energy and I want to thank the entire management team and all our dedicated and committed employees for their integrity and, most of all, their loyalty. The acquisition of the senior secured debt and capital leases by a related party and the financial restructuring of the Company would not have been possible without the determination and creativity of the entire Aly Energy team.”
Here's some $ALYE highlights (knowing what you own)....
From the last quarterly report... pay attention,
During the three months ended September 30, 2017, the average U.S. land-based rig count was over 900 compared to approximately 450 for the three months ended September 30, 2016. The substantial increase in rig count was heavily concentrated in Texas, particularly in the Permian Basin, and our operations in Texas expanded significantly year-over-year.
Micki Hidayatallah, the Chairman and CEO of the Company stated: “In 2016, Aly Energy felt the impact of the greatest and longest recession in oilfield activity in the last 20 years. We stayed true to our vision and survived the intense volatility of the cycle. We initiated a 3-prong strategy of cutting costs, maintaining market share, and preserving liquidity.
We never sought protection from our creditors through a bankruptcy proceeding and, thanks to the loyal support of our investors, a related party was formed to buy our senior secured debt and leases from Tiger. In conjunction with this transaction, we simplified our balance sheet through the conversion of all outstanding preferred stock, subordinated debt and contingency payments into common equity. Today, all of our debt is held by a related party and we have cash in the bank to meet our commitments in 2017 even if we do not see further improvements in the market until 2018. In 2018, we believe that our customers’ costs will be lowered sufficiently by new technology which will result in increased activity in all forms of drilling, completion and production in the domestic shale basins.
Our long-term business strategy still includes growth through the acquisition of other businesses. Currently, we believe that there are numerous acquisition candidates which would be attractive to us and would add value to the Company and we are considering all of these options.
It is a great privilege for me to be part of the management of Aly Energy and I want to thank the entire management team and all our dedicated and committed employees for their integrity and, most of all, their loyalty. The acquisition of the senior secured debt and capital leases by a related party and the financial restructuring of the Company would not have been possible without the determination and creativity of the entire Aly Energy team.”
$PSMH and $GRCV at a stand still but support levels are holding good
- $ALYE - Hit $2.50 Friday on over 18,000 in volume and still closed in oversold territory of .99 cents.
Book value est. $1.86, expecting them to run a bit deep into overbought territory... ev/ebitda is coming back at over $7 pps... buyout/takeover or NASDAQ uplisting possibilities high imo.
https://investorshub.advfn.com/boards/board.aspx?board_id=32780
$PSMH - Still anticipating first targets of .05-.08/// support is solid in the high .01's to low .02's w/ .03 resistance still a challenge.
$GRCV - The selling continues... seeing a drop into triple zero territory if no news comes out next week... but still a nice loading zone... just watch the daily list for a r/s.... we never know.
$EQST - Still bubbling, filing the other day... warped is following up w/ ceo, watch the board and his posts
$TKCI - Great share structure but went dormant after Chief Billie news
$AMFE - Falling into oversold territory, watch charts for an entry point, anticipate some nice trading zones imo...
Awesome, I'll definitely let you know.
Of course! Just let me know when
$OMGT volume starting again, only 2 market makers to $20, current pps $7 right after a 1,500 share slap at $8.75...
$PSMH Consolidated nice.... lowball bids right now but gapped almost 200% to .049 ask.... ARCA at .049 w/ 13k shares.... level one quotes don't show ARCA
$ALYE huge gap, no one selling, ask showing some decent blocks still under a dollar... company info updated on OTC, S/S unchanged... powerhouse move should be coming soon
$GRCV - Ticking time bomb imo... correct news could send this close to if not right into penny land....
I'll be headed through GA, SC, and NC to VA this January. My daughter is an economist major at UVa and sort of a tradition we drive back after her breaks then I fly home to sunny SW FL. Just don't like the snow.
But my buddy in NM sent me a pic about a year ago (can't find the darn thing) but it's of the mountains in Cruces with clouds forming almost a perfect cross over the top of them... (Cruces is Crosses in Spanish) but the pick is awesome.... if I find it I'll post it...
But really looking forward to the trip out west this summer. Me and my 2 youngest boys will be hitting the road hopefully in late June. Hey, maybe you can give us a tour of the base!!
Cruces isn’t a bad place. Ruidoso is near there with mountains and scenery. I live 4hrs NE of there where it is flat and I thought I would hate it, but long straight roads and no traffic grew on me. I went back to SC/GA over Thanksgiving and actually hated driving there, and that is the kind of place I grew up driving and I loved to drive then and still do now. Felt like I was blind. Out here you can see forever.
$OMGT hit $29.99 today, still plenty of upside imo...
$GRCV - Pre news accumulation is starting - market taking notice...
$ALYE - Bids holding like a champ at .35 and .30 - ask a little thick - anticipation of market awareness from the company should hold in this range - current ticker with an estimated $2 book value
$PSMH - Awesome consolidation in the .025 - .035 range today - getting ready to move up - higher support levels coming soon imo...
Here's a new sleeper for anyone following - $CPVNF - They just caught up their filings not too long ago, right after the bottom fell through.... it trades like most of the cRaZy "F" tickers trading on the OTC fluctuating between 100's of %.... imo it belongs in the .035-.065 range...
GLTA
Good stuff... I just updated the Ibox with more due diligence on a few current picks...
http://investorshub.advfn.com/Sobeks-Stock-Forum-32420/
OMGT - Daily high of $19, still way more to come imo...
ALYE - Bottom looks bought up - 10q reflecting a solid $2 book value - I'm watching for the $1 break next week. Once the secret is out, bottom pps opportunities will be gone imo... CEO elected last March was co-head of the Energy Group at RBC for ten years... simple math here where ALYE is headed imo. He straightened the books out, now it's time to give back value to common shareholders imo... check out RBC if you're not familiar to see what the CEO brought to the table last March... impressive...
https://www.rbccm.com/en/about-us/history.page
PSMH - Bids moved to .03 today w/ a HOD at .049 - check 'em if you haven't, I think this one will surprise many... mid .20 target looks fair once filings start to hit... I suggest to reach out to their IR dept. she's always gotten back to me... http://www.psmortgage.com/
GRCV - Been holding - light float of approx. 250mm - pps .0008 - recently went current and is showing positive equity in the last 10q... my 20 years experience playing the pinks tells me to hang onto this one and add while I can... imo break to .005 or more very possible once updates start coming out...
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