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Amount traded so far in two days = 1.7 million shares.
What the heck is going on?
This looks like one order to me, executed in partials:
$0.0025 23,953 OTO 10:46:01
$0.0025 200,000 OTO 10:45:53
$0.0025 150,000 OTO 10:45:48
$0.0025 250,000 OTO 10:45:34
Looks like multiple buys to me.
Time & Sales
Price Size Mkt Time
t $0.0024 513,953 OTO 16:06:17
$0.0025 35,000 OTO 15:52:39
$0.0025 50,000 OTO 12:43:02
$0.0025 23,953 OTO 10:46:01
$0.0025 200,000 OTO 10:45:53
$0.0025 150,000 OTO 10:45:48
$0.0025 250,000 OTO 10:45:34
$0.0025 40,000 OTO 10:42:46
Looks like one big trade.
What is going on with all of this volume?
1SHARE SOLD!!!!!!!!!There's still a pulse.
Yea I get that but there is always someone driving whether it's someone new or they sell the shell.
What show? Curtains came down far as I know.
It was kind of a rhetorical question. I knew he had shares. It was something that I felt the poster should think about.
yea that's a challenge I suppose. I am sure there will be something soon.
vhgier, his "peanuts" are worth almost $5 million;
Who would he sell his VHGI shares to?
Good luck.
Does he have shares?
What a hoot. Anybody that has been around VHGI as long as you knows full well he has shares!
Just in case you FORGOT here's a clip from the 10K
I think folks are selling due to margin calls as well. The market isn't looking too good lately.....
Well, if he didn't think the company was going anywhere anytime soon, he might. I guess we will see.
Probably a boat load but he wont sell right now. Why should he? Its worth peanuts.
Does he have shares?
So now what?
It is. Risinger resigned.
volume picking up nice start. maybe news coming.
not sure but whatever they do good luck. I am still holding a few though I bet we get squeezed a little.
Check out the new filings. I think VHGI is trying to get back into the coal business.
I see the new number here is 3 billion ouch!
I haven't heard a peep. Things are very hush, hush right now....
Nice find..Hopefully theres still a pulse here.
I just found this and notice the date at the end. I'm just thinking out loud here but you don't think that Platinum would hire Lily to get the coal out to honor the IPL contract? Something is up here because it seems funny to me, with the given time table, they wouldn't have time to start all over again, like obtain new equipment and personnel then establish a plan to extract the coal, when Lily is there and ready to go. Mmmmmm?
http://www.coalage.com/news/latest/3471-lc-energy-buys-lily-s-landree-mine.html
Did anyone ever find out what the deal breaker was on the financing for the Landree Mine? It's just a curiosity for me now. It seemed so close to completion then Boom, game over.
Yes. Nice to see some buying going on. Somebody seems to know something. It could shoot up quick if we get a pleasant surprise. imo
Maybe we will hear something this week.......
I know of others that are more expensive but there is always someone in the know. I just have a gut feeling about this one that's all.
I could be wrong, but I think something here will happen soon. Good luck to those who stuck around.......
This is a pretty expensive stock for not having anything visibly going on, imo. Somebody knows something and is scooping it up under the radar, I'm betting.
eom
If we get left holding a bag at least it should be a bag of weed. haha
The way I see it, the risk/reward here is better than a lot of penny plays. We're at the bottom with nothing but potential ahead, imo.
I will tell you what. VHGI has just as much of a shot as any other sub penny out there. It's all a gamble at this point. How is the broader market any better or safer? The big boys use the same currency as we do, in my opinion, it's all the same level of risk.
Was having the exact same thought just as I clicked on your post, LOL!
That would be funny
I just hope he turns this into an MJ play. lol
I think looking at this a second time that Rick is going to keep the shell and start over. VHGI could stay in tact and continue to be viable. I guess anything else is possible but that could be one scenario. If I am wrong someone please chime in.
I don't think anyone knows yet. Like I said before, it's a gamble. But if the tables turn green we score. Nothing else to say......It's all about the thrill......
On Mar 25, 2014, at 5:03 PM, XXXXXXXX.com wrote:
Dear Mr. Krebs,
I have been a long time owner of the VHGI Corp.
Can you please bring me up to date as to the Chapter 11 case regarding the Lily Group.
Thank you for your attention.
Sincerely,
XXXXXXX
XXXXXXX.com
TUCKER HESTER
BAKER & KREBS, LLC
This is the answer I received yesterday.
XXXXXX - The assets were sold to LC Holdings on a credit bid. There has not been an allocation of the purchase price or what will be netted to the bankruptcy estate. Hearing dates are tentatively set in May on those issues, but I expect they will be pushed back. At any rate, I do not expect that any proceeds will flow upstream to the parent.
David R. Krebs
One Indiana Square
Indianapolis, IN 46204
dkrebs@thbklaw.com
Direct: 317-608-1133
Fax: 317-833-3031
How does this affect our holdings in VHGI?
This is good news to make good on previous notes. Good job Rick!
Keep it up VHGIer. Next thing we know
your friend sotcky1 will be visiting the mine again
and tell us everything is just fine.
The road to recovery begins..........
Isn't today's the day that BK should end?
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VHGI Holdings, Inc. BRAND SPANKIN' NEW Website:
VHGI Holdings, Inc. is OTCBQ Registered company and features an L2: http://www.otcmarkets.com/stock/VHGI/quote
Lily Group, Inc. (LGI) is a development stage and operating company in the energy resource industry that was formed to hold, explore, develop, operate, and manage natural resource properties, with an initial focus on coal exploration.
Lily Group (LGI) has acquired mineral deeds (encompassing approximately 2,800 acres of coal) for the right to an Indiana basin coal reserve located in Green County, Indiana. LGI has installed an operating coal extraction and preparation facility to mine and sell Coal IV from this property- to be known as the Landree Mine.
Lily Group, Inc. (LGI) is a development and operation stage company in the energy resource industry that was formed to hold, explore, develop, operate, and manage natural resource properties, with an initial focus on coal exploration. Lily Group was founded in the fall of 2007 by Mr. Rick Risinger to develop, operate, and open access to a known coal reserve in Indiana. Since inception, LGI has focused on developing the coal reserve to be known as the Landree Mine.
Lily Group (LGI) had acquired a mineral deed encompassing approximately 1,400 acres of coal from Mr.Risinger for the right to an Indiana basin coal reserve located in Green County, Indiana. LGI has received all permits and completed construction and installation of mining facilities and equipment in April of 2012. In total, LGI controls 2,800 acres of Coal IV. At a later phase, LGI also anticipates the mining of the deeper seams below the IV vein under production currently.
The Landree Mine is an underground mine, and is expected to be operated using room-and-pillar mining. Room-and pillar mining is effective for small blocks of thin coal seams. The mining operations cut grids of rooms into the coal seam, leaving inverted grids of pillars of coal to support the roof of the mine. Landree utilitzes continuous mining equipment to cut the coal from the mining face and battery cars to transport the coal to a conveyor belt for further transportation to the surface. The pillars generated as part of the mining process can constitute up to 40% of the total coal in a seam- although this coal can sometime be recovered at a later stage. Plans are for 45' x 45' pillars with 18' entries for the mains and 35' x 35' pillars with 20' entries in the rooms.
The coal extracted from Landree mine contains impurities, such as rock and sulfur, which comes in a variety of different sized fragments. Landree Mine uses a heavy-media coal preparation plant, known as a wash plant, located at the mine site. This coal preparation plant allows LGI to treat the coal extracted from the Landree Mine to ensure a consistent quality and size.
Shares Outstanding | 99,847,126 | a/o Nov 21, 2012 |
Float | Not Available | |
Authorized Shares | 250,000,000 common 10,000,000 Preferred | |
Par Value | 0.0001 |
+The Transfer Agent listed on the OTC( Island Stock Transfer ) is not correct:
Transfer Agent:
Signature Stock Transfer
Plano Texas
Phone (972) 612-4120 ask for Jason
Daily chart
Weekly Chart
VHGI HOLDINGS, INC. Filer : RISINGER PAUL R | SC 13D | 4/2/2013 | N/A | |||
VHGI HOLDINGS, INC. | NT 10-K | 3/28/2013 | 12/31/2012 | |||
VHGI HOLDINGS, INC. Reporting Owner : RISINGER PAUL R | 4 | 3/25/2013 | 2/18/2013 | |||
VHGI HOLDINGS, INC. | 8-K/A | 3/22/2013 | 2/14/2013 |
Todd Fromer/Rob Fink
KCSA Strategic Communications
212-896-1215 / 212-896-1206
tfromer@kcsa.com / rfink@kcsa.com
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