Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Nice to see some positive reaction to yesterday’s update by the CEO. It was on Seeking Alpha no less, a reputable stock reporting company. Can’t wait for the filings update. JMHO
The Old Owl
That’s correct, that will be the next uptick because then the revenue can get into the equation. JMHO
The Old Owl
It is interesting... the 8K SEC filing implies Mgt looks beyond OTC.
Updates allude to a 2024 uplisting - certainly with rev/ebitda projected it sure looks like it.
If you imagine even a portion of the 60m projected profit -- at a normal P/E ratio -- this will be a ride.
I'm going just go long... and wait into 2024 Short term trading might have me with nothing on the next big swing.
I expect they will be off the OTC next year
I'm hopeful but right now its an OTC with yield sign making fluff statements, right?
And the crowd goes wild !!!@##$%!@#$%^&*() ROAR
The elephant in the room is that OTC market has been dead since the major rule change and creation of the Expert Market. I believe the real movement will happen when we uplift, but hopefully prior to this when RGLG becomes OTC Current which usually gets investors' attention.
100 mil in reoccurring rev and we go down just crazy. Curious on that price the institutional investors got that 25 mil at. Hopefully they're just waiting for the right moment to run this to 5-10 a share
Looks like 2024 will be $97 million in revenue - And recurring for 10 years!
That is brilliant
I saw the news on the wire/press service But also on their site: https://blockchain.entrexcarbonmarket.com/EntrexNewsFAQs.NSF/0/5830C240948A4EE285258A7D005A676E/$File/2023-12%20-%20PRESS%20-%2010%20Year%20Projected%20Rev-EBITDA.pdf?Open
Very nice update! Wow, insane revenue and Uplifting plan in 2024!!! $RGLG
https://blockchain.entrexcarbonmarket.com/EntrexNewsFAQs.nsf/0/5830C240948A4EE285258A7D005A676E/%24File/2023-12%20-%20PRESS%20-%2010%20Year%20Projected%20Rev-EBITDA.pdf?Open
Entrex updates 2024 projected revenue and EBITDA
and announces capital raising Initiatives
St. Petersburg, Florida: December 5, 2023 — Entrex Carbon Market (OTC:RGLG)
today announced new carbon offset projects it anticipates developing in 2024
representing over $97 million in projected revenue with an estimated $62 million in
EBITDA, exclusive of project financing costs.
“Under the terms of our 10-year Carbon Offset Rights Agreements, the licensed
projects represent nearly $100 million in annual recurring revenue,” said Stephen H.
Watkins, CEO of the St. Petersburg, Florida company.
“2023 has been a year during which the voluntary carbon market has evolved
significantly to our benefit. We’ve also worked to get our house in order with the OTC
Markets and the SEC and expect to be fully compliant with all applicable reporting
requirements. This should allow us to be uplisted to the QB during 2024; we also
anticipate our name and symbol filings will be updated early in the new year which
should avoid confusion for current and potential investors.” Watkins continued.
“We’re working to establish various off balance sheet project financing solutions which
will avoid any dilutive effect to our shareholders and balance sheet. We see this as a
win-win for both our investors and the project financing partners. We also anticipate a
year-end “Entrex Update” to be released before the end of the year,” concluded
Watkins.
###
For further information:
Stephen H. Watkins, CEO
Entrex Carbon Market
+1 (561) 465-7580
www.entrexcarbonmarket.com
Nice to see such an informative update. This company moving right along. Can’t wait for the filings. Business is all lined up. JMHO
The Old Owl
I keep peeking under the tree.
You are absolutely correct! We are supposed to have the filings before the end of the year. This CEO has been right on! Maybe a Christmas present? 🎄🎄🎄JMHO
The Old Owl
First steps. It's not even pink current yet. Sadly any news is becoming meaningless as the buyers it might effect are already in. No new buyers at these prices when filings only as current as March. Again, don't think I'm not a bull here, I think we have an incredible potential winner but until they make it real, it's just that.
Get those filings current man!
Huge revenue. With Entrex executing, this will be multiple dollars and will be trading on the New York stock exchange in 2024!
AIMHO
$85 million was $45 million profit.
Add $250m that should be $100m profit. Assuming 2024/2025
This stock is going to the moon IMHO
Based on the last announcement, 250 million will give us a 10% commission or $25 million. That alone should put us in the $’s. The key right now is the filings. Once that’s done, there are no restrictions holding this back. JMHO
The Old Owl
Blows my mind why others can’t see what we see. Revenue alone should have this in the $’s. JMHO
The Old Owl
I agree. News is not getting out as it typically would as its not filed with OTC, they need to get filings updated and upgraded listing done! Even if investors do see it, many won't and can't touch it until then.
It's pretty evident, the word on RGLG-Entrex and the juggernaut we Longs believe it will become is not out, yet. Watkins' intention is to get RGLG out of the OTC and into higher markets as soon as possible. When that happens, PPS will takeoff like a rocket to multiple dollars - AIMHO.
I honestly don’t get it! How could this sell off with such positive news? I’ll be a buyer when my money clears. JMHO
The Old Owl
Rrrroooooaaaaarrrrr, and the crowd goes wild! And don't sweat it, I'm with ya all here, long and strong. Looking forward to the day......
When have you ever heard of an Institutional holder getting involved this early? Yes my friend, I think we have a winner! JMHO
The Old Owl
Thanks for the share. This is huge!
FORM 8-K
Item 1.01. Entry into a Material Definitive Agreement.
General
UHF Logistics Group, Inc is pleased to announce a strategic alliance has been executed which includes a commitment to purchase
a $250 million of various carbon offset securities by an institutional entity. Further, parties have agreed to an institutional investment, at
the then current market price, of $25 million into common restricted stock of the Company.
The parties anticipate the first $250,000,000 carbon offset purchase commitment shall be in the form of the tradable Entrex CO-
SETT security, or Carbon Offset Asset security. This innovative, patent pending, tradable security offers buyers a projected annual carbon
offset dividend, on a dollar-for-dollar basis, over a 10-year period. The CO-SETT is projected to provide $10 in carbon offset dividend
income for each $1 initially purchased over the 10-year life of the security.
The GAAP mechanics of the CO-SETT allow investors to hold the security as an asset on their balance sheet, they then receive
Carbon Offset dividends as income to the Profit and Loss Statement which can then be expensed as part of their carbon neutrality goals
and mission. This, in effect, neutralizes their Profit and Loss Statement for carbon expense (pursuant to their purchased securities and
corresponding dividends) while neutralizing their footprint accordingly.
The strategic alliance shall be managed by a subsidiary of the Company: Entrex Carbon Market Arabia which anticipates the
purchase or creation of a company in the United Arab Emirates.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
Dated: November 30, 2023
UHF LOGISTICS GROUP, INC
By: /s/ Stephen H. Watkins
Name: Stephen H. Watkins
Title: Chief Executive Officer
Sadly news isn't doing much anymore for the stock. Won't until filings and yield removal.
Today! Patience is a virtue! JMHO
The Old Owl
Today,? Or next Thursday lol
Back to normal. Tomorrow will be better. JMHO
The Old Owl
I was wondering how many shares caused that drop. I noticed several attempts in the low twenties and I wondered what was going on and then it creeped back to normal. There’s some manipulation going on here. I think an attempt to get cheap shares. JMHO
The Old Owl
I was wondering how many shares caused that drop. I noticed several attempts in the low twenties and I wondered what was going on and then it creeped back to normal. There’s some manipulation going on here. I think an attempt to get cheap shares. JMHO
The Old Owl
Nothing to worry about. Only 5K shares sold at 23 cents. We are in a loading zone and with float locked, PPS will fly as soon as ticker is Pink Current.
Damn what happened to our normalcy? The retrace should have been to 27 before the next uptick
Yup! JMHO
The Old Owl
This is what we get until that yield sign is gone......
By the end of the year! JMHO!
The Old Owl
No more website news. We need OTC filings and yield lifted!
I think we should hear something by Thursday! JMHO
The Old Owl
wow whatta chart, was .002 in april
what a sick move up
Haha, that's what we're all counting on. 😉
$RGLG - Thanks Bueller....When I look at RGLG's financial information and the updates they are providing I come to one conclusion: This ain't no Penny Stock. lol
Wow.
Great news and looks like more to come, shortly:
“We expect to announce some major relationship and
commitments over the next few weeks” Harblin continued.
https://blockchain.entrexcarbonmarket.com/EntrexNewsFAQs.nsf/0/52F336B254FF0F1A85258A4C0066C0EC/%24File/2023-11-17%20-%20Entrex%20Carbon%20Market%20establishes%20Middle%20East%20footprint.pdf?Open
Entrex Carbon Market establishes Middle East footprint
thru a wholly owned subsidiary
Boca Raton, Fl, November 21, 2023: Entrex Carbon Market today announced it has
established a wholly owned subsidiary: Entrex Middle East, for initiatives being launched in
the UAE. The intent of the entity is to create and market various Entrex NewLeaf securities
(short term, alternative yield, production financing bonds) and the series of Entrex
CarbonEase securities (securitized sector focused carbon offsets) which can offer Sharia
compliant investors access to efficient credible “compliance-grade” carbon offsets and
production bonds.
“We believe distribution of our various securities efficiently throughout the Middle East will be
paramount to a global solution for our securitized products” said Stephen H. Watkins CEO of
the Entrex Carbon Market. “Offering comfort, credibility and convenience to the global
brokerage community which services multi-national clients will provide a simple way to offer
legitimate carbon offset securitized products to their clients.”
“Through the establishment of various Sharia compliant securities, we have been in
discussions with multiple entities across the middle-east and see timing right to establish a
foothold in that geography said Thomas Harblin. “By offer products that meet Middle East
investors requirements we believe we offer a new value proposition to a significant capital
and carbon offset community”. “We expect to announce some major relationship and
commitments over the next few weeks” Harblin continued.
“The way Entrex offers securitized carbon offset securities is unique and leads the market in
offer global carbon offset solutions to companies and the brokers that service them” said
George D. Sullivan, CEO of Net Zero Analysis and Design Corp. “We’ve been working with
Watkins and his team since 2019 and they constantly appear to lead the market in
development of securities which service intuitional investor niches.”
About Entrex Carbon Market:
The Entrex Carbon Market created the first regulatory compliant trading portal for securitized
“compliance-grade” carbon offsets. Entrex’s portal offers hundreds of carbon offset
securities inclusive of short-term production financing bonds branded “NewLeaf Bonds”
through the compliance-grade, institutionalized, carbon offsets, branded “CarbonEase”
which are each regulated securities from inception through retirement. Each CarbonEase
security allows global broker/dealers to access quality carbon offset products to serve their
institutional clients which have third party assurance from beginning to end, affirmation of
ownership and third-party research providing comfort to their institutional clients.
For further information: Stephen H. Watkins, CEO, Entrex Carbon Market: (561) 465-7580
Seems like big announcement from the mid-east with COP28
Followers
|
60
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
6155
|
Created
|
10/20/08
|
Type
|
Free
|
Moderators Zorax Buellersback JettaR |
Entrex Art Market -- The regulatory-compliant marketplace for non-fungible and other tokenized creations in the visual arts, music and more
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |