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I think NTEK will slowly drop on light volume until that shareholder's meeting or the financials are released. I bet we can all wait a day or two and jump in at a low. It's a pretty solid base at .011. That's where I will buy. IMO
For the bidding I think HRT already has their partners. On May 14-15 289 blocks will go on bid. The best blurb of this news was at the very end.
"Companies were also required to submit financial guarantees for potential bids to the regulator by Friday."
Unless they are using their Air Amazonia money and other funds to cover it, their partners should already be lined up and their max amount to bid is already covered by them.
Here's what I posted a few days ago about the bidding.
RIO DE JANEIRO--Brazil's National Petroleum Agency, or ANP, said Friday that two more names have been added to the list of oil companies approved to participate in a much-anticipated auction of oil and natural gas exploration concessions next month.
Brasoil Manati Exploracao Petrolifera Ltda and Gran Tierra Energy do Brasil Ltda., the local unit of Calgary-based Gran Tierra Energy (GTE), brought the number of companies approved for the auction to 66, the ANP said. The ANP had said 71 companies had submitted paperwork to qualify for the auction.
The fresh round of bidding is expected to generate a surge in activity across Brazil's oil industry, which was running out of areas to explore in the absence of concession auctions. Oil companies had warned that exploration could dry up as soon as 2015 without new sales of exploration acreage.
The 11th bidding round will put 289 oil and natural gas exploration blocks up for sale on May 14-15, Brazil's first such concession auction since December 2008. The auction is the first of several sales of exploration acreage set to take place in Brazil this year, including the first sale of subsalt exploration acreage under new production-sharing agreements.
Billions of barrels of oil have been discovered in the subsalt region, where oil and natural gas were found trapped deep beneath the ocean floor under a thick layer of salt. Unconventional oil and natural gas concessions, the same type of shale and tight gas acreage that sparked an oil-industry revolution in the U.S., are also expected to be sold this year.
Many of the world's largest oil companies from 18 different countries have been cleared to participate in the auction, including Exxon Mobil (XOM), Chevron Corp. (CVX) and BP PLC (BP). Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, entrepreneur Eike Batista's OGX Petroleo e Gas Participacoes (OGXP3.BR) and startup HRT Participacoes em Petroleo (HRTP3.BR) also have been approved.
Companies were also required to submit financial guarantees for potential bids to the regulator by Friday.
Yep just wait, big revenues coming. It will be hit after hit after hit.
May 15 we will get news about the Brazil bidding process and who we partnered with, plus the partners are footing the bill.
They will be getting revenues from their huge natural gas find as they develop.
This is a long play. Even if they don't hit the first time there are 3 other big Namibia claims to drill.
When the stock rises volume is well over a million. We have been averaging well under 500k. We all thought there would be more volatility, but I guess people are just going to wait. As soon as the insiders hear something good this will skyrocket and volume will take off.
When the share price is dropping with very low volume you need to ignore it. It's just market makers playing with the price. This is a holding pattern right now. You could sell the next time it hits 1.2, and rebuy at a lower price, but you risk missing the run. Which will happen this month bank on it.
Any of you experienced traders know of a company that was not current for this long and ended up putting out their financials and blasting off?
Zenetek's making some money, next up is the EMC that's coming out in 2 weeks.
Look at the bottom of this PR from February when Zenetek and ProGaming announced their joint venture. It has this blurb at the end: About Zenetek LLC. (http://www.zenetek.com)
Zenetek is a wholly-owned subsidiary of Anything Technologies Media (OTC: EXMT), with a total of 10 full-time employees and affiliates. Zenetek's management team consists of experienced marketing, software development, and finance personnel, with over 75 years combined experience in all aspects of software development. The Marketing Director and Founder of Zenetek has over 25 years of experience in software development, having personally secured and executed over $75million in contracts from prior IT consulting projects with a number of US States, major metropolitan US cities, and Fortune 500 and 'Blue-Chip' companies. Zenetek has a variety of ongoing initiatives ranging from standard development to iPhone and Android Application Development.
here's the full presser.
NEW YORK, February 19, 2013 /PRNewswire/ --
ProGaming Platforms Corp. (PPTF) (PPTF) (PPTF), developer of a commercial multiplayer online gaming and reward processing platform, today announced that it. has signed a Joint Venture agreement with Zenetek LLC to market the Company's online gaming services in the Southeast Asia market. ProGaming's robust platform is able to host anywhere from 2 to 4000 competitive gamers at the same time.
According to Niko Partners, a leader in Asian Video Game Market Intelligence, Revenues for Online Gaming will Exceed USD 1 Billion by 2016. Using real-world industry- generated statistics, Niko also predicts that there will be 117 million gamers throughout the Southeast Asian emerging markets, generating more than $1 billion in revenue per year, which revenues are expected to increase exponentially for the next decade.
Pursuant to the Joint Venture agreement, Zenetek will be granted exclusive representation/distribution rights for China, Taiwan, Hong Kong, Vietnam, Singapore and Indonesia markets for a twelve month period.
Our platform's first commercial use, for which Zenetek will be using Progaming's state-of-the-art puzzle game, will be serving the online advertising industry by allowing different organizations to hold multiplayer tournaments for the purpose of increasing traffic to their designated Web sites. The next phase of our puzzle game's development will focus on implementing API to provide an innovative and interactive rewards-based puzzle gaming experience to users. In parallel, Zenetek will dedicate marketing efforts to sell ProGaming's patented GER (Game event record) generic platform to gaming saloons and virtual gaming farms to allow gamers to turn their skills to money. ProGaming's new puzzle game enables jigsaw puzzle enthusiasts to take their hobby to a whole new level. With the puzzle game, participants can compete against other players in a race to complete a virtual jigsaw puzzle. Players are rewarded points for each piece they correctly place according to the positioning of the piece. Each puzzle includes a background image to guide players, and when a player successfully places a piece of the puzzle, that piece will "jump" into its correct position on the screens of all participating players, eliminating the puzzle piece from play for other players but awarding points to the player who placed it.
Unique features of ProGaming's puzzle game include a "Scramble" button to aid players when they have a large number of puzzle pieces on the screen -- a feature not commonly found in puzzle games; and special puzzle pieces, such as golden pieces, that are worth extra points when a player successfully places the piece. Features under development include the ability of players to post their scores to top Vietnam-based social networking sites such as Go.vn and to invite currently playing users through the use of API, as well as transform user scores into reward coins. We are also developing an online shop that will allow users to purchase various accessories for the puzzle game using their scores, coins or reward credits.
Mr. Robinson To, CEO of Zenetek, stated, "This joint venture with ProGaming provides us with the platform to gain tremendous market share for our gaming platform for years to come and has great potential to increase revenues for both ProGaming and Zenetek. Based upon the increases we have seen in gaming and mobile gaming in the US and more 'Western' markets, the Asian cultures and their affinity for gaming will far surpass the US. In many ways, the Asian markets in our sector already have experienced significant increases and Zenetek is gaining market share at a rapid pace. Our joint venture with ProGaming Platforms will only accelerate that pace. "
"We are very excited about our extraordinary opportunity working with Zenetek to capture a significant share of the fast-growing Southeast Asian gaming market" said Erez Zino, ProGaming's CEO. . "This opportunity comes at a strategic time for us to showcase the exciting, robust capabilities of our Platform, which can turn virtually any Web-based game into a lucrative, rewards-based competitive game of skill."
"With the explosive growth of Asian social networking platforms on the Internet, users are increasingly demanding quality online entertainment that is interactive, fun and challenging. ProGaming's new puzzle game answers that call and more," Erez Zino concluded.
A demonstration of ProGaming's new puzzle game and generic GER tech usage can be viewed on the Company's product Web site at the following link: http://www.progamingcorp.info.
About ProGaming Platforms Corp.
ProGaming Platforms has developed the ultimate gaming platform for the Internet's ultimate games. The platform automatically and accurately determines game winners from an unlimited pool of players, and automatically pays monetary reward payouts. The platform can be integrated into any existing billing system, can be licensed by any online gaming provider, and can sit on any third-party server.
Learn more about ProGaming Platforms Corp. at http://www.progamingcorp.com.
About Zenetek LLC. (http://www.zenetek.com)
Zenetek is a wholly-owned subsidiary of Anything Technologies Media (OTC: EXMT), with a total of 10 full-time employees and affiliates. Zenetek's management team consists of experienced marketing, software development, and finance personnel, with over 75 years combined experience in all aspects of software development. The Marketing Director and Founder of Zenetek has over 25 years of experience in software development, having personally secured and executed over $75million in contracts from prior IT consulting projects with a number of US States, major metropolitan US cities, and Fortune 500 and 'Blue-Chip' companies. Zenetek has a variety of ongoing initiatives ranging from standard development to iPhone and Android Application Development.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934 as amended. All forward-looking statements are inherently uncertain, and are based on current expectations and assumptions concerning future events and the future performance of ProGaming Platforms Corp. and its technologies. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in our public filings with the Securities and Exchange Commission, as actual results may differ materially from those indicated. ProGaming Platforms Corp. public filings may be viewed athttp://www.sec.gov.
Contact:
Erez Zino
CEO
info@progamingcorp.com
+1-917-522-8377
Not much volume so far. With all the excitement this morning I'd of thought this thing would be at least above 1 million volume wise. Chart wise it looks to be on a decline. It probably won't go much lower than .012, so you won't lose money jumping in.
Zenetek is making some waves with PPTF. They are in a joint venture with them in the Asian gaming market. EXMT owns Zenetek, and along with the fertilizer, Zenetek will make the mobile apps for the EMC grower. One stop shop coming, HOLDDDDDDD!
Maybe upper 20's tomorrow
What factors do you use to determine if you should jump out or not? Or have you been taking out your profits so far?
MCII real cheap! .0015
2mill at .0015 6.5 million shares are now in stronger hands!
4.5million buy, can you guys say rally?!?!
WOLV at .0066, how can you not buy at these levels?
Isn't that the name of the game here? Companies building through acquisition and positioning themselves to deliver to the customers and shareholders?
What are your feelings on MCII? Just turning into a longer proposition?
If you can get those .0018's that showed up earlier this week they are golden.
The oil is coming hold, and load! .31 is where this will be heading soon.
1000 EMC units in production. And the news yesterday? Why is this going down. EXMT is creating a one stop shop for growing. 2 more weeks till the first EMC's will start shipping. A few more weeks and they are shipping with a SumaGrow bundle
At least bring the price up to .0033!
I really hope it is, but if not I'm hoping this May 6 maturity date shares have been trickling out and this is why we are stuck down here.
I am confident August will be paid with revenues, or whatever is left of the 500k of financing.
We really don't know if they have paid it or not, but I'd like to blame why we are stuck at these levels on it. This is all old news, however, people are always like why, why, why! After May 6 look for pennies IMO. Load now while you can.
On August 2, 2012, the Company entered into another agreement with Asher Enterprises for $27,500, less $2,500 for legal related costs, together with an interest rate of eight percent (8%) and with the maturity of May 6, 2013. On November 1, 2012, the Company entered into another agreement with Asher Enterprises for $42,500, less $2,500, for legal related costs, together with an interest rate of eight percent (8%) and with the maturity of August 5, 2013. The original issue discount note, as described in ASC 480-55, may not be prepaid in whole or in part.
If the Note is not paid in full with interest on the maturity date, Asher has the right to convert this Note into restricted common shares of the Company. The Company at its option may elect to convert all or part of the principal and any accrued unpaid interest on these notes at any time or times on or before the maturity based on a conversion price. The conversion price (subject to equitable adjustments for stock splits, stock dividends or rights offerings by the Borrower) shall equal to 58% multiplied by the average of the three lowest closing prices during the ten (10) trading days prior to conversion notice.
Holding for ore extraction, and revenues. They are clearing out the last of the convertible debt with Asher Enterprises. It looks like they didn't use the 500k to pay off the debt. Next convertible is due in august, and then there are no more. By august revenues will be streaming in.
They release news just about every Wednesday
Looking forward to tomorrow's news
Osprey you need to start getting paid. Haha
I'm still here with my chump change at 77k shares
How often can you spot the dump crew coming
Like having you here osprey
Holding for the long bills
It will just run up that much faster. When we go above 1.25 we will know something is up
News any day now will drive this to even higher highs and lows.
PNTV is having a good day too. Good picks here Duke!
FLPC NHOD .007!
FLPC up 27%
When you say take profits on the way up, what is your strategy for doing that? Are you just selling off your initial investment or selling shares for the amount of money it has increased.
Looks like we'll get some news May 15 after all the bidding is done. "Companies were also required to submit financial guarantees for potential bids to the regulator by Friday. " I guess HRT definitely got some companies to foot the bill! This is exciting stuff.
RIO DE JANEIRO--Brazil's National Petroleum Agency, or ANP, said Friday that two more names have been added to the list of oil companies approved to participate in a much-anticipated auction of oil and natural gas exploration concessions next month.
Brasoil Manati Exploracao Petrolifera Ltda and Gran Tierra Energy do Brasil Ltda., the local unit of Calgary-based Gran Tierra Energy (GTE), brought the number of companies approved for the auction to 66, the ANP said. The ANP had said 71 companies had submitted paperwork to qualify for the auction.
The fresh round of bidding is expected to generate a surge in activity across Brazil's oil industry, which was running out of areas to explore in the absence of concession auctions. Oil companies had warned that exploration could dry up as soon as 2015 without new sales of exploration acreage.
The 11th bidding round will put 289 oil and natural gas exploration blocks up for sale on May 14-15, Brazil's first such concession auction since December 2008. The auction is the first of several sales of exploration acreage set to take place in Brazil this year, including the first sale of subsalt exploration acreage under new production-sharing agreements.
Billions of barrels of oil have been discovered in the subsalt region, where oil and natural gas were found trapped deep beneath the ocean floor under a thick layer of salt. Unconventional oil and natural gas concessions, the same type of shale and tight gas acreage that sparked an oil-industry revolution in the U.S., are also expected to be sold this year.
Many of the world's largest oil companies from 18 different countries have been cleared to participate in the auction, including Exxon Mobil (XOM), Chevron Corp. (CVX) and BP PLC (BP). Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, entrepreneur Eike Batista's OGX Petroleo e Gas Participacoes (OGXP3.BR) and startup HRT Participacoes em Petroleo (HRTP3.BR) also have been approved.
Companies were also required to submit financial guarantees for potential bids to the regulator by Friday.
sharebuilder is a ripoff when it comes to penny stocks. Wish I had really realized it. I switched to just2trade, but I hear etrade is good. They don't charge the low priced scam surcharge. Supposedly if you have a good bit of money and you threaten to transfer from sharebuilder they will stop charging the surcharge.
After a mine opens do people expect dimes, quarters, dollars? I am guessing dollars will wait for actual revenue numbers to come out.
When they do merge the question will be do you want the $1 from the merge or do you want your profits from the play?
Right now if this goes to pennyland 164 shares is worth $1.64, so when they merge you are losing money. At .0064 we are already at $1.04. Maybe I a missing something but why should anyone invest further in this stock to above $1 if they are longs? The shorts are the only ones making money, or the longs who got in at .002 or less.
Going to keep heading up! Once past .003 straight to 4's
I think buying anything between .0018 and .002 is a good investment here for the next run.