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Voor subiet, prettig Nieuwjaar. Iemand nog tips?
Nasdaq, at last.
Good timing.
Q should be terrific.
With an improved communication towards shareholders, this should climb towards september.
Look at the SS compared to RLX Technology inc...laughable.
just vote everyone (that held shares).
EV giant.
"Right now, stories from management are worth 65 cents"
Well said and I reluctantly concur.
The projected revenues, the repackaging issue, the consultancy fees to name a few. I believe next Q numbers will be a lot better. This management keeps on executing and that's what matters but they need to communicate more transparently. The projected revs could have been true in an ideal, obstacle-free world.
News today was interesting but won't bring us back to a buck very soon. Look at the previous PRs. Nothing happened. And those contained amazing news (mindblowing expansion of the distribution network).
If we weren't OTC, we would be at +$10 easy. If I could vote for a NASDAQ listing I would do it right away. We need to uplist (and communicate in a more mature/transparent way). Even though I strongly believe in a very strong next quarter, these numbers will not get us where we belong.
Shareprice here is ridiculous and logic would tell me to buy all I can but unfortunately SP is as ridiculous as the market we're trading on so I'll wait.
Just maybe in the end those projected year revs won't be too far off...
yep, the FDA boys and girls are chatting excitedly about the possibilities here. Heavily tanned at the beach they will open the gates to the next phase.
OODH - has anyone contacted Lull (lull_tom@yahoo.com; executive@oriondhc.com) or Randy Hoff?
Did you get any response?
Nothing to find on the website http://www.oriondhc.com/
Nothing new on OTCM.
Unfortunately 'plans' to get current won't do the trick for SEC/FINRA.
Anyone got any answers?
We still got time but not a lot.
TIA
Incredible, churning here. On the verge of the phase III big boy pharma playground. Keeping a bit of dry powder in case it tanks further. Great. Just wow.
update on acquisitions, explosive SS (16M float), stellar holding,...
https://upinholdings.com/businesses
https://www.otcmarkets.com/stock/UPIN/security
https://twitter.com/Bob_theBull/status/1409917006892183556/photo/1
I expect an update on the acquisition next week at the latest. No problem though if it's a little later. Things should be done diligently.
Folks will be connecting the NXMH dots here. Patience. Tomorrow we're another stock.
Tar sands, heavy sweet oil and clean sands. Greenfield JV (Valkor + Tomco) using a plant (POSP) owned by Petroteq (Asphalt Ridge) and already producing utilizing technology licensed from Quadrise Fuels. Samples are being tested. Great new tech, low cost production. Results within a few weeks. Subject to the results and the FEED, the JV builds a new 10,000 bopd plant!
Tomco update: https://www.londonstockexchange.com/news-article/TOM/greenfield-update/15042860
Quadrise update: https://polaris.brighterir.com/public/quadrise/news/rns/story/xz9q63r
Acquiring a spot for the 10,000 bopd plant: https://newsnreleases.com/2021/06/09/greenfield-energy-to-acquire-100-of-tar-sands-holdings-ii/
Thanks, Freextyle, impressive.
With availability of samples, hoping for more exposure and contracts.
It's revenue time.
Come on FDA, press the button!
"While we are in final steps with the FDA regarding the planned Phase III clinical trial of JadiCells for advanced COVID-19 patients,
TSOI - so FDA approval or any update on FDA'ish action possibly any day now. I know, it's $hitty tuesday but still. With this pipeline and recent communications from Tim Dixon, bottom isn't far off, probably high 3's, actually we should soar now. What are people buying? smh.
PQEFF / PQE.V generates revenues from the sale of oil out of the oil sands (yes, not only in Canada --> massive amount in Utah: look at the table here: https://www.tomcoenergy.com/the-oil-sands-opportunity/) and the sale of the cleaned sands.
A sample will be tested soon (underway to the UK) which will be the test for the MSAR technology owned by Petroteq. A PR should follow soon. Besides, the patented and proven oil recovery technology has, to date, generated 10,000 bbl oil (see presentation https://presentation.petroteq.com/img4.html) at pilot plant and Asphalt Ridge facility.
Buyer already paid WTI pricing for the heavy, sweet oil (PREMIUM PRICE) + clean sands price approximately $15-20/ton (there's a market for it!) (BONUS). Sweet! (https://www.otcmarkets.com/stock/PQEFF/news/story?e&id=1924453)
+ low production costs ($25 - $30 bbl)
+ consistent production (see presentation)
Petroteq holds all the Intellectual property (on the improvements as well) and is able to license it (non- exclusive license! See:https://ir.petroteq.com/news-presentations/press-releases/detail/366/petroteq-energy-signs-non-exclusive-multi-site-license-for). There are a lot of tar sands as well in South-America, Norway, Russia, India, Alaska, Madagascar,... They too like heavy, sweet oil IMO! That's another possible revenue stream.
UPIN - nice bids, this should be moving soon.
SEC wiping out all OTC garbage, come on!
Show me the power of a 16M float - 4M MC
UPIN - has anyone reached out to IR here. Reading twitter posts here that updates should follow soon. Thanks
Still, undervalued here despite the lack of communication and the fees to consultants and friends. I suppose a couple of longs will unload here only to buy again before the next Q. Stupid 2021 rev projection. We won't get there but if it'll be only half the projected revs and we're at .7 now, we're increadibly cheap here with a kindergarten MC! revs of sweet contracts in coming Q's! Come on, you management, grow up, tell us what's going on, get your shareholders back. I'll try to buy at bottom prices caused by Q2.
PQEFF - so basically we're waiting on the results of the oil sample testing, probably early july
"A sample of produced oil is also being prepared for shipment to Quadrise Fuels International Plc in the United Kingdom, for the purpose of assessing the suitability of the heavy sweet oil produced by the POSP for their MSARÒ technology. It is expected that this sample will leave the US before the end of June 2021, with testing taking place following arrival in the UK." (excerpt from https://www.otcmarkets.com/stock/PQEFF/news/story?e&id=1924453)
and the progress on the purchase of 200 million shares by Uppgard Konsult AB at $.57/sh?
"Regarding Petroteq Energy Inc. ("Petroteq" or the "Company") (FSE:PQCF), Uppgard Konsult AB ("Uppgard" or the "Company") announces that on April 16, 2021, the company has made an official offer to purchase up to 200 million shares of Petroteq the company at 0.48 Euro per share cash from its shareholders, subject to Uppgard Konsult AB's terms and conditions." (excerpt from https://www.einpresswire.com/article/544360426/uppgard-konsult-ab-update-on-its-share-purchase-initiative-for-petroteq-energy-inc-tsx-v-pqe-otc-pqeff-fse-pqcf)
and the revenue stream pooring in since they get, for any future oil sands plants built by Greenfield utilizing the Petroteq Licence, a 5% royalty of net revenues received from oil products produced from oil sand resources at any oil sands plants will be payable by Greenfield to Petroteq + they keep their intellectual property and the improvements?
(see https://ir.petroteq.com/news-presentations/press-releases/detail/366/petroteq-energy-signs-non-exclusive-multi-site-license-for)
sounds good at .125
"Valkor bring expertise from its experience working with Petroteq Energy, an oil sands specialist also based in Utah, which uses its own proprietary separation process. Valkor holds a licence to use the Petroteq process within the USA. Under the Greenfield JV TomCo and Valkor will apply this technology to establish a 10,000 barrel per day production facility once the technology has been fully validated and a suitable location for oil sands extraction has been identified." (excerpt from https://www.tomcoenergy.com/the-oil-sands-opportunity/)
and thanks for the due diligence here. Always nice to read.
with a few trading days till july, this should keep on rising. The pre-production prototype probably being almost ready (Q3).
getting some deserved attention here
They buy interests in well-known and promising acreage, so risk is low. (https://www.verdebh.com/current-portfolio/).
They estimate the potential of the properties.
"The Company is a growing U.S. energy company based in Frisco, Texas, engaged in the acquisition and development of high-probability, lower risk onshore oil and gas properties within the major oil and gas plays in the U.S. The Company’s dual-focused growth strategy relies primarily on leveraging management’s expertise to grow through the strategic acquisition of non-operating, working interests and royalty interests with the goal of developing into a major company in the industry. Through this strategy of acquisition of royalty and non-operating properties, the Company has the unique ability to rely on the technical and scientific expertise of the world-class E&P companies operating in the area.". (10-K 07-31-2020 : p.5 "nature of business": https://www.otcmarkets.com/filing/html?id=14301098&guid=AiZUkafHxNyvo3h#VBHI_10K_HTM_ITEM1BUSINESS) and, as pointed out on their website: https://www.verdebh.com/about-us/
So, it's EOG, Providence, Great Western, etc who operate.
Regarding the costs, the agreements with the E&P co's, nor psa's, are publicly available to my knowledge.
On the accounting side, it's as follows:
"(e) Oil and Gas Properties
The Company utilizes the full-cost method of accounting for petroleum and natural gas properties. Under this method, the Company capitalizes all costs associated with acquisition, exploration, and development of oil and natural gas reserves, including leasehold acquisition costs, geological and geophysical expenditures, lease rentals on undeveloped properties and costs of drilling of productive and non-productive wells into the full cost pool on a country-by-country basis. When the Company obtains proven oil and gas reserves, capitalized costs, including estimated future costs to develop the reserves proved and estimated abandonment costs, net of salvage, will be depleted on the units-of-production method using estimates of proved reserves. The costs of unproved properties are not amortized until it is determined whether or not proved reserves can be assigned to the properties. Until such determination is made, the Company assesses annually whether impairment has occurred, and includes in the amortization base drilling exploratory dry holes associated with unproved properties.
The Company applies a ceiling test to the capitalized cost in the full cost pool. The ceiling test limits such cost to the estimated present value, using a ten percent discount rate, of the future net revenue from proved reserves based on current economic and operating conditions. Specifically, the Company computes the ceiling test so that capitalized cost, less accumulated depletion and related deferred income tax, do not exceed an amount (the ceiling) equal to the sum of: The present value of estimated future net revenue computed by applying current prices of oil and gas reserves (with consideration of price changes only to the extent provided by contractual arrangements) to estimated future production of proved oil and gas reserves as of the date of the latest balance sheet presented, less estimated future expenditures (based on current cost) to be incurred in developing and producing the proved reserves computed using a discount factor of ten percent and assuming continuation of existing economic conditions; plus the cost of property not being amortized; plus the lower of cost or estimated fair value of unproven properties included in the costs being amortized; less income tax effects related to differences between the book and tax basis of the property. For unproven properties, the Company excludes from capitalized costs subject to depletion, all costs directly associated with the acquisition and evaluation of the unproved property until it is determined whether or not proved reserves can be assigned to the property. Until such a determination is made, the Company assesses the property at least annually to ascertain whether impairment has occurred. In assessing impairment, the Company considers factors such as historical experience and other data such as primary lease terms of the property, average holding periods of unproved property, and geographic and geologic data. The Company adds the amount of impairment assessed to the cost to be amortized subject to the ceiling test." (10-Q 03-22-2021, p.9: https://www.otcmarkets.com/filing/html?id=14817391&guid=AiZUkafHxNyvo3h).
On the revenues.
With every acquisition VBHI estimates monthly revenue growth. the latest one: (https://investors.verdebh.com/releases/verde-bio-holdings-inc-announces-major-acquisition-of-mineral-and-royalty-interests-5277739): "Currently there are four wells producing across the Verde acreage resulting in approximately $12,000 per month in revenue to Verde. With this large acreage position, there is tremendous upside potential for new wells to be drilled as Aethon is actively developing the area in the Haynesville and the Mid-Bossier Shale formations." and "Current expected combined revenue from the 16 acquisitions is approximately $94,000 per month or more than $1,128,000 on an annualized basis once Verde is in pay status on all wells."
Furthermore VBHI is working on OTCQB uplisting this year.
The company is debt free.
The company is sitting on millions of assets and is collecting cash from sales.
Meanwhile oil keeps on rising.
What matters to me is the management team and their ability to execute. To date VBHI has executed everything they said they would.
Yes, there's always risk but it's a calculated one here.
IMO not too shabby at PPS .0139
ENKS - current, stock buyback, great Q, great SS.
GMER - creeping up on no significant volume and that's just great. Almost july! Of course great SS and we all love them coins.
You too, enjoy the ride and thanks for your DD.
Coming weeks ought to be eventful!
Correct and many will follow since we're at a $94,000 rev/month...$106,000 rev/month to go.
I'm quite interested in their ability to acquire assets at less expensive prices with oil going up.
You're right.
"Companies will need to provide the required disclosure to OTC Markets by June 30th. This will ensure that our Issuer Compliance Team has sufficient time to review and update market status for a company’s securities prior to the rule’s compliance date on September 28th.
Securities that fail to comply will be removed from Pink as of the September deadline."
(excerpt from (see bottom) https://blog.otcmarkets.com/2021/03/25/understanding-the-expert-market/)
(+info, under "UPDATES ON SEC RULE 15C2-11 AMENDMENTS")
https://www.otcmarkets.com/corporate-services/information-for-pink-comp
Offering closing news + oil prices up + VBHI down
Do people read?
Cheap.
Ugh.
Thanks, Charlie.
Great info, connecting the dots here:
WKSP partnered with Ontario Tech University :
"Starting as a two-year contract, Worksport has forged a working relationship with Ontario Tech University. One of many benefits is access to the world-class ACE Testing Facility, wherein the Company will be collaborating with the research team that is supervised by Professor Sheldon Williamson, PhD."
(PR 06-01-2021 : https://www.otcmarkets.com/stock/WKSP/news/Worksport-Enters-into-Collaborative-Partnership-with-Ontario-Tech-University?id=305388)
Ontario Tech University on hydrogen :
"What we need, to uncap hydrogen’s potential as a source of clean energy, is to eliminate the carbon footprint of traditional hydrogen production and replace it with new affordable green production processes,” says Dr. Jacobs. “Ontario Tech has been a pioneer in developing these processes and is poised to play a key role in Canada’s future global leadership in the promotion of energy applications of hydrogen.”
(excerpt from : "Ontario Tech: A university in its element on hydrogen energy research" : https://news.ontariotechu.ca/archives/2021/03/ontario-tech-a-university-in-its-element-on-hydrogen-energy-research.php)
"We’re also international research leaders in developing alternative energy sources. Our researchers have made major scholarly contributions to forms of clean energy such as biofuels, hydrogen and fuel cells, geothermal, and solar."
(excerpt from (p. 12.) : https://shared.ontariotechu.ca/shared/department/research/documents/ontariotechstrategicresearchplan_2020-2025_final.pdf)
On Sheldon S. Williamson :
"We are relentless in our efforts to make electric vehicles less costly and more efficient, and to shift Canada’s transportation system from fossil fuels to renewable energy."
(excerpt from : https://bravethefuture.ontariotechu.ca/impact/sheldon-williamson.php)
Ontario Tech university on clean hydrogen production (thermochemical hydrogen production) :
"our primary goal now is to lead the world’s first integrated Cu-Cl demonstration plant. This would position Ontario on the world stage with global leadership of the Cu-Cl cycle for clean hydrogen production."
(excerpt from https://cerl.ontariotechu.ca/research/thermochemical-hydrogen-production.php)
Environmentally friendly production of hydrogen souds really good.
But first the pre-production prototype with a decent PR.
Is there a hydrogen story unfolding here as well or just rumors/possibilities?
WKSP, few catalysts.
- next month:
"TerraVis COR™ has entered the production prototype phase with the first pre-production prototype expected to be ready by early Q3, 2021." https://www.otcmarkets.com/stock/WKSP/news/story?e&id=1895293
- any day:
"As a result of overwhelming international demand, Worksport will soon be launching a new TerraVis™ specific website that we will be providing more information about in the coming weeks." (same PR)
further updates soon to follow https://twitter.com/WorksportLtd
PSWW - new higher base forming here, very nice.
The chart is beautiful, so is the SS.
Biden's administration loves EV.
Just curious about the oil production too.
"We have started the process with OTC Markets to bring it current and prepare for the merger." (june 9 update)
Nice volume day and SP in right direction.
Just hold and wait, simple as that.
ugh, 20M float, a buck in no time, terrific Q and selling...
Thanks for sharing, Cuppy!
Nice share structure here but O/S will go up. A/S should be limited.
After a successful presentation at OFC I expect more interest from big data companies. Beginning revenues (+warrants) should avoid/reduce the need for additional capital in the coming Q's. It's now up to POET to convince more big data players. Very interesting now here as we're on the verge of production.
$POET
Nice, some buying.
Great SS, small O/S, tiny float.
https://www.otcmarkets.com/stock/PSWW/security
$PSWW
Great, that means production has started!
Milestone here!
$POETF