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Per WOGI Annual Financial Report for EOY Dec, 31, 2020 (link)
So IMO there will be business made with Peru and most probably in the gold industry. Note that in 2017 the deal was to export food to the USA, in 2019 it is about "goods". If happening, it is almost certain Paul Luna is on board or, at least, involved with a new management team. Last WOGI Tweet was on May 4th, exactly one week ago so I hope we will have an update today.
More food for thoughts :
Interesting market overview on trade.gov : We recommend that U.S. exporters of capital goods and potential investors entering the Peruvian market establish a local branch office or appoint a local representative and legal counsel knowledgeable of the Peruvian market, mining sector legal framework, and Spanish language. Remember that "in 2006 in Latin America, Peru was the first ranked producer of, in order of value, gold".
Also, on PRNewsWire: "Peru's mining industry has been on the upswing in recent years and is headed higher still as investors continue to pump money into projects. The country's mining construction portfolio now totals $56 billion and will likely continue to grow following the new mining minister's vow to streamline the permitting process. The renewed interest in the sector presents an excellent opportunity for precious metals producers".
From this same article: "Oro X Mining is a gold exploration company focused on developing its gold projects in mining friendly Peru. The company underwent some significant changes throughout 2020, including a name change, new management, numerous acquisitions, and a capital raise". Oro X Mining Corp. trades on OTC at $0,54 pps.
Source?
I meant SEC website. You can see OTC documents too
https://sec.report/otc/company/WOGI
There must be something. Can't fins any filing on SEC but maybe after hours?
A PR after hours and this goes to 0,1 or close. It will be fun. Be patient, things will happen in due time. Remember WOGI v2.0 started 3 years ago, one or two days more won't make any difference.
I found an interesting Tweet from April where the author was suggesting 4 companies as potential merger companies for Denunzio/Moody custos.
https://twitter.com/BlueBullTrading/status/1387881801884921857
Well, I Googled these companies and all of them have SEC documents filed by Jeffrey Denunzio (Off Line CEO is even the same CEO as Next Meat).
Yichunfeng Biohealth Ltd is a Chinese company in beverages. Phoenix Plus Corp is a Malaysian real estate company. BIOPLUS LIFE CORP is Malaysian as well, in healthcare industry. OFF Line International, Inc is a Japanese company in telecommunication services and products.
Do we have our companies for final mergers?
I agree it won't take long before they announce the final companied. They named these intermediary Fast Track and Catapult for a reason.
$CPSL went from 0,015 before name change pump to 0,045 and is now back at 0,0154. $FTRK went from 0,12 to 0,195 and is now at 0,13.
Both had a pump and a dump due to name change but both are back strong and will follow their trend imo.
IMO if we have to find any reason why they named these intermediary companies Catapult and Fast Track could be that they expect these custodians to end quickly and strongly. Nothing else.
You are absolutely right. Next filings will cover Q1 so it's quite certain the share reduction won't be shown in these filings. At this point it doesn't really matter as they put a PR out and OTC Markets is updated according to these reductions. Only filings for Q2 will show share reductions.
I hope shareholders won't misread/misunderstood these Q1 filings thinking the share reduction announcement was a lie. It could lead to a panic sell. That is the reason why I hope Claudio will put another PR out soon, next week would be great, with more information on where the company is headed.
#57120 posted by Maria56 : IMO we shouldn't take any of the information on the new website as granted. 99% of the documents, pictures, etc... are from the old company. Only the homepage has been updated. Good catch with this find though, unfortunately I can't find anything about Hall Energy Corp anywhere (probably owned by Nathan Hall? Or invented by him?)
57129 posted by StockLogistics : too late. The companies making profit of this new business are the one who invested before the Bitcoin rush. Concerning Safemoon, you can't mine any coin. All the coins are already mined and are being burned with any buy/sell. I suggest you read the whitepaper on their website.
#57131 posted by Maria56 : these Doge and SFM coins are not even AltCoins, these are shitcoins meaning they don't serve any purpose. If I had to pick one shitcoin it would be Elongate. They work the same way as SFM except that they donate to charities. So far they donated over 1,5 million dollars to charities such as Action Against Hunger, Ocean Clean Up, Children International, etc... Great job IMO. Attention though, as you say and as with any investment, you can lose all your money.
#57133 posted by Maria56 : Well said, this is all speculation and curious coincidences. Luna <> Moon might have misleaded my DD and everything might wrong so don't take any of my DD as true. We are all trying to find information to validate our investments, nothing else, and we will have to wait for both formal WOGI announcements and legal filings.
#57134 posted by Parabolic2020 : Yup it doesn't make any sense to spend all this time and money to invest in a shitcoin. If WOGI future is really invested in crypto I can only see them investing in a big coin like Bitcoin (but too late to make very big money IMO), Ethereum (same, but still better than BTC) or ADA (my favorite of all cryptos atm). It would be too risky to invest in any shitcoin and would take too much time if they had to invest in a recent coin to have a good ROI.
#57135&138 posted by Fightingback : Didn't know about that, great news. So we must have news in the next weeks, hopefully good. Concerning Gold and cryptos, these are the safest investments you can do today. Add Fintech and we are in good hands iMO.
#57156 posted by JPetroInc: Yes she is holding strong like she did after each run. It's good for us: consolidation, no pumping, no OTC gurus on it or they already left. The last couple of days were red for my portfolio and I had similar stocks falling 10 to 15% on these two days (by similar stock I mean CPSL (ex AWGI) and FTRK (ex SENY) traded more by investors than traders/flippers). I can't set any TP as you are though. We have no clue about the market cap of these future acquisitions nor what they do, etc... It will need some time and good math to have a better idea of the TP. Just a little bit of patience, we are getting close.
And no name have been revealed yet so they may not have to fill any document for now. Once it will go public (PR or carrier pigeon) then they will have to. Am I right Maria?
Thanks for the clarification. So I expect a Tweet and a PR before any filing. At least that is what happened when they announced share reductions first and it got updated on OTCMarkets a few days after.
Per Paul Luna Linkedin is the CEO of Mina Giralda (4000 has. Gold mine Narrow gold veins , High grade 1 Oz. Au / Currently production 4 kilos Au per month , 100 ton plant Pativilca Lima) and Cory Gold/Cerro de Pasco (Mega project reprocess 150 Mn tons Cerro de Pasco Corporaton + Centromin Quiulacocha Tailings).
Cerro de Pasco trades at $0.325 and is an OTC : Link
I would like too and it could take other board members to bring more DD. All assumptions at this point and maybe there are no relations between Luna and the new company but there are a lot of coincidence and matching points.
I sent an email to the CEO but no reply. If I have anything, I let you know.
Absolutely. We haven't seen any big drop so far, it means a lot of consolidation which is very good. Yesterday I two stocks played by the same kind of traders, CPSL and FTRK (both Moody/Denunzio plays played mostly by long term traders), went down by -10 and -14% respectively while WOGI went by less than -5%. It was a day of pure manipulation but WOGi holded as strong as she could.
Only thing we can do now is buying more if we can and be patient. The day the name/symbol change is announced + share reductions/cancellations + new board + new acquisitions + road map in Fintech/Gold/Crypto business. Wow, fasten your seat belt, it will go crazy. This day can be today, can be this week-end or Monday before bell. You better have shares on that day because it is so thin on L2 some days that I don't see what can stop WOGI.
I hope so. They have been working for three years on it. If this connection with OMHI is true then we have very experienced people in both mining and fintech with a strong distribution and financial network.
Now if they acquire a crypto mining company or if they invested some money on one of these companies a few years ago: BOOM (remember what Sysorex did a couple of weeks ago).
Oh thank you! And it's Sir btw ;)
Now let's hope I am right. It would be great for all of us.
Don't laugh at me: 16,360. I only started trading OTCs a couple of months ago so I am learning and I have to manage risks, investing only a small amount of money and increasing when I can. So far WOGI is, by far, the stock I invested the most.
I love you too. If what I am reading is true I wish I had more cash to invest.
Want more? Go here and check who is President, Secretary and Tresurer of OM Holdings. Google Mark Vanterpool, he is a politician and a former Cabinet Minister in the British Virgin Islands. Google Oscar Tinoco, he is former Vice President:Operations at Portage Resources Inc. If we are right, there are BIG INSTITUTIONALS people and companies behind the new WOGI.
Look at this. Mr. Luna is/was Portage Resources SA President and CEO. Portage Resources SA is a Portage Resources Inc subsidiary in Peru (Peru is the world’s largest producer of silver, third largest of copper and fifth largest of gold. The country is the largest producer of gold in Latin America. Gold accounts for a third of Peru’s export revenue. The vast reserve of Peru’s minerals is regarded to be only 10 percent explored nationally).
Now it gets even more interesting. If your search for Portage Resources Inc on sec.report you can find this document where it says "On July 9, 2020, the Company amended its Articles of Incorporation and changed the name of the Company to OM Holdings International, Inc.". OM Holdings International, Inc. trades on OTC under OMHI on OTC Markets at $1,55. I repeat $1,55!!! Who are OM Holdings International? See https://omholdingsinc.com/ and see which companies they work with? Oh and read here https://omholdingsinc.com/services/information-technology/ they are already involved in FinTech business.
IMO Paul Luna is on board and he might even be the next CEO. It would explain why the company will be renamed MOON Equity Holdings. In this post from 2016 it says that he also was the CEO of Peruvian Mining/Minerals Giant Portage Resources, Inc. OTC: (POTG). I can't tell if the company still exists and/or if he still is the CEO but it's clear that he has a lot of background in the mining industry.
Mr. Luna is an experienced senior manager with broad international experience in developing resources, mining exploration, drilling and mining production.says the same post.
Could be yes. It would be a hell of a SS well worked to make big money (if not, who would have invested more than $2M in this company?). So now the other questions are how many companies they are about to acquire, who they are, what are they worth, are they profitable, what are their assets, etc... All assumptions at this point.
What is even more interesting is that, except my mistake, the debt was paid to A.Soukas with pps valued at $0,0010 (220 000 000 shares to pay a $220 000 debt). Now let's say Claudio Aballay paid the same pps to buy Hall's shares. He would have paid $2,120,000 JUST to buy ALL Hall's common shares and have them CANCELLED right after (and let's not forget he also reduced company's authorized shares down to 1 billion, from 5 billion). Not counting other expenses (filings, attorney, etc...).
So it's a HUGE amount of money to be invested on a scam like some people here may think. The more I read and the more I am excited with what the new mgmt team is about to do.
By the way, C.Abally has been following his plan since he became WOGI CEO back in 2018. Read this PR. First step was to enhance its public disclosure on OTC Markets by taking the Company current recently in its filing obligations and to start reorganizing the debt on the balance sheet, so the company becomes debt-free. Well, it's done. Third step is to enhance the Net Stock Holders' Equity in the Company by acquiring or joint-venturing with profitable business operations, and/or assets, using its Convertible Preferred Stock as currency. The company will be actively pursuing private companies in its targeted desirable areas..Second step was to uplist to OTCQB so it is probably in the plan too.
Nathan Hall is definitely not on board anymore. If you read carefully the last filings on Sec there is a document where it's written that Nathan Hall owned 2,120,000,000 common shares or 71,79%. Well, go read their last press-release "World Oil Group, Inc. Cancels 2.12 Billion Shares or 71.8% of Its Common Shares Ahead of Its First Acquisition". So Claudio Aballay just bought all Nathan Hall shares and I wouldn't be surprised if one of the next share reductions is the 500 000 Preferred A Shares Nathan Hall still owns per filings.
The same document also says 220,000,000 of restricted common shares were issued back in 2019 to Angelo Soukas, probably to clear $220,000 debts (it is written in the same document if someone can confirm). So one of the hypothetical other share reductions might be these 220,000,000 restricted common shares.
What I don't know if if these Soukas' shares are Authorized or Outstandings shares. Anyway, it would reduce one or the other shares by 20 to 25%.
Only IMO and my understanding of this document.
New here and proud $WOGI shareholder. I just noticed that the new website About section shows "Board of Advisers". There are three people here and I am not sure if they are part of the previous management or the new.
Thing is that VP of Mining for South America name is Paul Luna (Moon?) and he is introduced as a mining engineer with nearly 20 years of experience within the mining industry of Peru [...] Mr. Luna will enhance the company's strategy to acquire exploratory geological operations and mineral assessments. .
Second is Neil Parkin. I found his names on SEC reports dated 2015 so he is probably part of the previous management team. He is also part of Pegasus Group Limited, a software company, which designs, develops, produces and distributes its own packaged business, manufacturing and accounting software under the "Pegasus" brand. Also in the United Kingdom, the Group's "CSM" brand provides PC based professional accountancy software to practices. Pegasus also supplies electronic commerce and banking solutions to the market. He also owns a company named INTANT EQUITY PROPERTY SERVICES INC
Finally, we have Mohamed Ibriham introduced as a decisive, action-oriented and result focused professional with 25 years of experience in Supply Chain, Logistics, Operations, Materials and Project Management.
So none of them seem to have a connection with oil&gas industry and they actually have business background that may take them in FinTech/Crypto and Gold industry. It needs someone with more knowledge on the past of the company to confirm if I am onto something here or if it actually the past management team.