Either way cxl'd or approved, I don't see it sinking into 000s. This one is a clean shell (Tony kept it clean). I think patience is key on this one.
The ride to trips is almost complete I guess. Hoverng around ATL again and I suppose we just have to either wait for news that merger is successful or cancelled for the bottom to completely fall out.The so called bulls I'm sure already have their bids in at .000# all while screaming "it's ready to explode!" like they have for the last year and 98% downfall in price.
Sadly, either merger or cancellation announcement should do kill this for good at this point. Tony ran out of stuff to pump it.
Never seen a stock implode to CE levels on what was supposed to be great news. Nice guy or not, h
ow does he still have a job?
Thanks for the info.
The market has stated what it thinks of this deal.
News is always a good thing but I’d be very wary of Baker’s crew coming in. They will bring in their own assets, yet like the previous guy here, they move those assets around to the benefit of themselves not the shareholders. No doubt you will hear about their Buck Lake Ranch complex with it’s concert venue, how much they’ve been offered for the entire property and what they think it’s truly worth and then discover the property is only open six months out of the year.
$25 million revenue includes business that they have been trying to spin off for years (a business they rarely talk about) + they count a land sale as revenue (when the couldn’t build sustainable housing on it for 7 years despite releasing dozens of press releases pumping how great they were building houses).
Keep an eye on these guys as they love to promise stuff, go radio silent , then fail to deliver. Sell on any pumps because the dump will eventually occur. Go to the LIGA board for more info on Baker.
partnership is a transformative opportunity to expand STGZ's media content and reach new heights in the industry and be most beneficial for our investors and shareholders."
Marvin Baker, President, and Chairman of the Board of LIG Assets, Inc., stated, "Over the past year, LIGA has been diligently cultivating corporate relationships to fulfill our mission as a Sustainability-Oriented holding company focused on sustainable housing, media, and logistic markets that truly benefit our investors. Our transformation into a fundamentally different and enhanced organization now involves collaborations with corporations like Hollywall Entertainment and Stargaze Entertainment creating dynamic synergies among all our relationships and unlock the full potential of the acquired media assets. Over the past 6 years operating LIG Assets has generated $25,000,000 in revenue deposited into our bank accounts. After analyzing the opportunities before us, the newly formed Stargaze Management team are projecting $3 to 5 million in revenue and estimates entertainment assets to top $5 million by the end of the first 12 months of consolidated operations, with exponential growth to follow."
Mr. Baker further stated, "We embrace new joint ventures, spin-offs, and strategic acquisitions that align with our vision for the future. This newest acquisition of STGZ is poised to amplify shareholder value for all three companies: LIGA, STGZ and HWAL. The acquisition of Stargaze Entertainment marks a strategic step forward for LIGA, as it positions itself for continued growth in the media and entertainment landscape. Investors can expect exciting developments as LIGA, in collaboration with Ailiance, HWAL, and STGZ drives innovation in the entertainment sector while delivering long-term value to its shareholders."
LIG Assets will release a corporate update that will detail why this is a necessary step in moving LIGA forward, how it will create shareholder value and the future deals that soon to be announced will impact LIGA's bottom line in the near future. The key to these new partnerships, joint ventures and acquisitions is to minimize any dilution of all of our companies while increasing the value and ultimately our stock price.
STGZ, HWAL and LIGA share a commitment to transparent communication and have pledged to keep shareholders informed about their progress and milestones. As part of this commitment, regular shareholder conference calls and timely news releases will provide comprehensive updates on their joint initiatives, ensuring shareholders remain apprised of the company's developments.
Stargaze Entertainment Group Inc (PK)
Day Range: 0.0045 - 0.0046
Last Trade Time: 1:38:28 PM EDT
Total Trades: 6
Here's hoping. I suppose at this point all we got is time and patience.
You've made some points where I agree on. Tony could have tackled this better. Anyhow, he stated to me he's continuing his search for a suitable candidate. Counting on him to deliver.
I'll be honest, Moonmarket covering it worried me some. I don't dislike him by any means. He seems to hit much more than he misses, at least for himself. My worry was every time I tend to jump into one that he then recommends, it NEVER works out for me. The fact that at one point STGZ was his #1 OTC stock both gave me hope for a run thinking more eyes would be on it, and gave me pause because I am 0 for anything Moonmarket recommends. But the run after he jumped in was modest at best, % wise nice, but modest at least when it comes to the float the OS price. And it dumped for days almost immediately after, about a month before the announcement, to the point it was sitting at the same price on the day of LOI that it was when Tony said he would have news coming in late May (early April I believe). So any profit taking was already long done but announcement day.
So the dump wasn't pump and dump. It was pure dump as it crashed through 52 week lows within 10 minutes of market open, and hasn't stopped since.
End of the day, its really on Tony. I've been seeing him hype upcoming news since I bought in initially in September and all the MONTHS of hype led to a merger deal that feel apart on 3 WEEKS in.
I'm not sure its incompetency, bad luck, or whatever. I think he needs to stay silent until something is 100% signed. The stock can't go much lower. I predict trips by end of July on rumors or no news at all. I think he lost the goodwill of 'buy the rumor' at this point.
I'm not selling as its pointless at this price. If I lose it all, another lesson learned..
I just don't subscribe to the fact that the share structure being so good is a reason for hope. There are plenty of other stocks whose share structure sucks that actually run up. This one literally dies with every filled bid.
I understand your frustration. I'm down as well.
Anyhow, you're right Tony did not deliver. This does partly explain the sinking pps. To me however the fact that Moonmarket pumped this stock some time before the 'bad' news caused extra pressure on the pps. New people bought, saw the pps sinking and started selling.
The elements that count (low OS, float and the fact that we still need to be sold) however are still intact.
Waitinggama and yes, a gamble imo.
I truly believe the people who are driving this down to new lows are the ones who keep posting how 'bullish' they are. They're the ones f'ing us even more than Tony did.
I'm personally down 80% on it and going down with the ship at this point, My only hope is Tony is as great a leader as people proclaim and he finally actually follows through on an actual merger instead of just months of teaser tweets and then a LOI that sends the stock into the ground, only for that LOI to be cancelled less than a month later to only drive SP further into the ground..
What I don't understand is the people who keep posting how bullish they are when all this thing does it hit new low after new low. Its like being bullish on ENRON.
Tony failed us. Without an actual merger,, STGZ is dead,, and based on the price action of the last LOI, a merger probably sends this to even lower lows.
Hope I'm wrong and Tony follows through on his numerous false starts.
Yea do r know why peeps sold if truly ridiculous
I was ok like you with the oil and gas ... well ... wait and see it is, I guess
Still have my batallion of shares.
No dilution, the reverse
A CEO who is honest
You don't often see that in OTC land.
Counting on him to still find the Holy Grail
Yea he has another plan I’m sure
Will ask Tony if he has alternatives ... he must have been talking to more than one party ...
Well no one liked it is probably the reason hard to satisfy these peeps
Another deal bites the dust. At least this time we know about it.
No nada nothing….
The volume was 4M, they aren’t loading much. Just another Penny CEO folks
It is interesting for sure... I wouldn't be surprised if insiders are loading these cheapies before a string of updates.
First time I bought Maverick stock was decades ago. It was in the trips. I didn't hold them for long. I would have been very well off if I had.
You must have some good stories then….
Once Mr Green releases info concerning the amount of oil and gas reserves present I believe we should see a much higher PPS. JMO
Thanks Brother . Yep found him on Google.
Think I found the guy on linked in…
If link doesn’t work…. Google
James McCabe amoco
And scroll down to 2nd link
Yes sir , with a little time this low float OTC can really run ..
nice merger news oil and gas sector with Vector Horizontal Resources, LLC. https://www.otcmarkets.com/otcapi/company/dns/news/document/67183/content