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ONLY 218 mil A/S, with the right news this could explode, 52 wk high of .30 and that was BEFORE the Reverse Split of 200:1 which was executed August 2013.
BID 0.0005 Ask 0.0006 Uptick Premarck could have a big runner on our hands today
BAYP should take off this week, Keep an Eye out for it but dont wait to get in in
Ive owned this stock for sometime now, and I truly believe it will make some of us very happy, I like the fact this company is moving Fwd with Lease purchases AND ARE ACTUALLY PRODUCING OIL/REVENUES, and DEF like the Fact that there trying to Uplist to the QB, PLUS THE FACT THAT I SEE ALOT OF PAYMENTS BEING MADE THAT (((((( ARE NOT PAID FOR WITH SHARES )))))) that IS ALWAYS A GOOD THING, USUALLY U SEE COMPANIES PAY FOR SERVICES WITH SHARES, WHICH USUALLY MEANS SHORTLY AFTER THOSE SHARES GET DUMPED, along with the pps. So 1 of 2 things is going to happen and happen real soon, either they were pulling everyones chain and paying thousands of dollars (outta pocket) to fool us, or they will get there QB status become a FULLY FUNCTIONING AND FULLY REPORTING OIL/MINING COMPANY, who is already in production phase and become a Real Deal Company.... So for all of you who think every Pink is a Scam, word of advice, NOT ALL OF THEM ARE
Subsequent Events
On September 27, 2013, the Company retained the services of Norman
Reynolds of Norman Reynolds Law Firm PC to complete and file a Form 10 to bring the company to SEC Fully Reporting status and OTC-QB reporting tier. Retainer of $5000 was paid, the balance due upon
completion ofthe Form10.
On September 30, 2013, the Company retained the accounting services of M&K CPAS PLLC., to
perform an audit of the Company’s financials for years 2010, 2011, 2012 and year to date
2013. The audit is also part of the company's move to SEC Fully Reporting Status and OTC-
QB. Retainer of $4000 was paid, with the balance due upon completion of the audit.
any reeason for thr rise in pps
ill take a flier on this one 1 mill shares owned
thanx i wasnt sure, seen 2 different SS's but this one sounds much better
if the SS says this company has 1 BILLION AS than do you honestly beleive this company is worth over 70 million dollars, im just looking into this stock and just worried that THERE WILL BE MASSIVE DILUTION, but then Ihub says there like 19 mil OS, just looking for some ansers yall might have
can someone explian to me how share price goes down on ask slaps just gross
Absolutely sickens me the amount of control the MMs have over share Price, must be nice to play a game you can never lose in
they'll pay for it tom.
should be absolutely illegal to do that to a stcok, absolutely illegal
just confused at all these investors who claim silve town, so quick to sell at the first scent of copper, str8 idiotic if you ask me
whoever you are, u are a retard, thanx for being ignorant sell partial on the way up, ull get more outta it
take that f'n million shares off the ask u idiot, this is why im a firm believer in you should have a license to trade stocks to many morons
Just shaking some of the sissys out now were thin to .015
WAY TO GO to all the longs, got my 650k shares at .0034, bring it on .58 i could use a change of life
That's the funniest thing I've heard in some time, there is absolutely no dilution going on here, go try that on a board with investors who don't know what's going on with there stock
FYI, market cap is under around 2 mil, this company has 14 mill in cash 17 mill in assets just received 7 mill financing, and leased around 50mil in property on the Utica shale, come back later might be to late but just sharing some info u might not know bout this, also 5 months ago this was at .58
If u actually watch how this is trading it has all sign pointing to a locked up float, there's no dilution at all, and only shares for sale are retail, we hold the power, just have to know what ya got and what u want outta it, IMHO opinion this float is LOCKED UP
That's if you don't take into consideration we already churned over 3/4 of the float the past few days
http://www.ohio.com/blogs/drilling/ohio-utica-shale-1.291290/colorado-based-1st-nrg-seeking-utica-shale-jv-partners-1.378583
Hunt for JOint Venture but with WHO??? can only imagine great things are about to happen in the hottest OIL Loacation in the US
http://www.ugcenter.com/US-Coalbed/1st-NRG-Updates-Utica-Niobrara-CBM-Ops_113486
There the Real Deal in the UTICA
Imagine if everyone put there sell orders in at 1.00, all we need now is news on the UTICA SHALE
Awesome passed what was major resistance super move coming
FYI. The 3 on the ask are retail, there is no dilution at these levels , just gotta buy these three out and were golden imo
I'd say between 25 -30 mil
After .0063 it's a pure breakout,
Well there a road block wtf
HUGE Oboma announces the US will now become Oil independent and now export oil instead of importing it, oil & gas industry soon to boom
.0063 is breakout point
36 buys 4 sells amazing
Obviously your knowledge of the stock market is next to nill. You claim dilution we haven't even gone through 2 mill shares, and most of those are on the ask. Rookies
Also I feel NEWS is a possibility around lunch, I also think this thing needs to gap n run, as I feel holders here are fairly strong and know what they have
Pps should be in the .075 - .12 range and eventually much higher, this stock just needs more eyes on it that can actually see the potential this has, I'm calling .023 by eod , imho
These filings are huge. 21 mill net worth
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=96868
The AMA provides that the “Breakout” of funds from the restricted account to the Company can be released to the Company in 36 periodic installments pursuant to the AMA schedule which was approved by the Company and the Investors. Trading volumes at or above a minimum bid price will release a percentage of each periodic “Breakout” funds to the Company and Common Shares to the Investors.
Theres a definitive reason for this to get past a penny, par value .01. also trading above this also releases company funding. This is awesome.
Mr. Kevin Norris, CEO said “The ability of the Company to access the $14 million dollars coupled with the previously announced $7 million dollar credit facility will enhance development on its core properties in the Powder River Basin, the Utica Shale in Ohio and the Niobrara Shale in Nebraska.” Mr. Norris went on to say “these funds will also enable the Company to evaluate and acquire other properties as we work to grow the Company.”
Cash - Restricted - 1st NRG Corp closed a transaction with nine qualified investors in January 2011, pursuant to which the Investors purchased a private placement of Units consisting of Preferred Shares (convertible into Common Shares) and Warrants to purchase Common Shares. The total Unit purchase was $14,452,014.45 (16,057.79 per Unit) and $14,445,264 is currently reflected in equity section of the Company’s Balance Sheet as restricted cash. On September 24, 2012 the Class Preferred Shares were converted into Common Shares at an average Common Share price of $0.32 per share[color=red][/color]. Under the terms of the Unit Subscription Agreement (USA), the Investor’s cash and the Securities purchased (in certificate form) have been deposited in a restricted account with an Intermediary whereby an Account Management Agreement (AMA) between the Investors, the Company and the Intermediary governs the release of funds to the Company from the restricted account. The Investors may NOT request a return of capital without the agreement of 1st NRG and 1st NRG may not request to unwind or alter the transaction without agreement of the Investors. The shares are fully paid and non assessable.
FNRC Security Details
Share Structure
Market Value1 $1,048,868 a/o Mar 28, 2013
Shares Outstanding 243,922,872 a/o Mar 18, 2013
Float 69,861,443 a/o Mar 18, 2013
Authorized Shares 500,000,000 a/o Dec 31, 2012
Par Value 0.001
Shareholders
Shareholders of Record 90 a/o Dec 31, 2012
Sure did, this will be at multi pennies soon, huge market for NG, GOT MY HALF A MILLION LOCKED AND LOADED
I'm in for half a million shares now let's rock out