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Shouldn't PDGO be current in order to move forward? If so, the Q is due 45 days after quarter end, which is today.
BS....but I hope you are right. I hate this play.
The ONLY good news about the bid support at .0004 is that they believe the PPS will stick to .0006 and not go to .0001!
If this goes to .0001 and they R/S these guys better pull a Henry Hill and disappear!
Bid support at .0004 is not a good thing. They will sell into it which will lead to even more flipping at .0006-.0008
I don't even know how we will get to .001. We are f@#&d!
TV no longer associated with this company. He may still have shares, but is no longer the President or CEO.
I only remember 2 wells both "Perry", which other 2 did they say were up and producing?
Both according to elkonig
How many are available at .007? I only see 10k, but they have sold over a million. Is that an MM with hidden shares?
Lets get this thing rolling. With the filing coming out tomorrow this should run back to a penny!
Not that hard to figure out. See that 20 Million that dumped at .0005 today? That was dillution. Those 20 million will be sold over the next week at .0006 and .0007.
Not every share sold at .0006 and 7 is dillution from the company. We still have weeks to go before this is maxed out as long as the filppers are here.
All IMO
GLTA
Bid is growing nicely.
So is there only 10k left or another magic 2,474,400.
You ever notice that number appears a lot on the Ask?
I don't know what Todd is doing, but we have not heard a peep out of him in 6 months.
Its not the managment its the CEO. Vince is trying to put PDGO on AMEX by end of year. Which IMO woudl require a R/S but if they can get it up to a nickle meanwhile, it will be a fun rise.
Here it looks like LHPT has 2MM left at 6 or is there another 50MM at 6?
I'm long here. Tricky. Will it run? Indicators say yes, but manipulation trumps all.
can you post the L2 I don't have it here
Who the hell would sell at .007 after it was at a Penny on a steady climb? WTF
Take a look at PDGO. Up 120% in 3 days and moving to AMEX by end of year. Huge play. IMO
PDGO up 120%+ in last 3 days. Company retireing shares and moving to AMEX by end of year!
Very few selling. This could really take off. High expectations for revenue and executing this plan to get to AMEX.
If you get a chance to update the ibox with the new management structure and get Todd off there it would be appreciated. Having current O/S and A/S would be good for the board as well.
Looks like we are going to start picking up activity.
Thanks Ahead of Time
The market looks like its expecting a timely report and good news. We Will see.
Short selling looks like its kicking in as people are flipping for 100%+ gain. Might kick themselves when its over a penny on Wednesday.
I'm holding.
Vince is a "big" deal guy that seems to be able to find investors. If he can make something happen here with PDGO I'll be very happy. These multi +20% days are going to make things quite interesting around here.
And look how quiet it is...no pump! I love it.
I'd love to see some production numbers to find out how the #2 Perry well made out in June
No you're wrong again and twisting the PR
2. Acquire new opportunities that have the potential of new drilling both domestic and foreign.
The initial primary focus area of interest for the new drilling will be along the South Eastern part of Texas (Eagle Ford Shale Region) and the Tuscaloosa Marine Shale in Louisiana. After hiring the proper management the objective will be to acquire up to two locations. The secondary location will be international opportunities.
Assets have "the potential of new drilling" not companies.
And when you refer to the opportunity as a location, again its an asset (a lease or piece of land) not a business.
All your pumping is for nothing anyway. This will go nowhere until the dillution stops and the MMs are out of shares.
I'm a long. The board sure is quiet. But the volumes are picking up. That last PR was pretty strong compare to previous PRs.
Lets see if they can create some revenue!
Texas RRC has still not updated production for Jun. Just an FYI that it is not just LHPT or HCE, no leases in the whole county show production. So the RRC is slow to update the website even if the operator submits reports.
Acquiring Assets is not the same as Acquiring a company. When you say Acquisition - the connotation is that it is a merger or purchase of another company.
Their PR refer to them wanting to acquire assets.
The ironic thing is that without capital they may have to merge or JV to do it.
I disagree, that wasn't a sell off it was dillution, and volume has been light since. I think most that bought at 5-7 is holding and will continue to hold.
This play will require patience until the the OS maxes out.
At that point cross your fingers. It will either be really good or really bad.
If you believe that the timing of the max out will coincide with the release of news that shows the company moving in a positive direction (which I beleive) then accumulating at these prices will be rewarded.
But trying to predict this day-to-day is senseless. On a good day the pumpers look like they know what they are talking about, and the bashers get their days too. As long as dillution and debt shares remain in the hands of MMs, the charts don't mean anything. Once Max out occurs = different story.
I'm looking forward to the max out - could be a zip code changer for some.
GLTA
Some nice accumulation beginning in a positive direction. PDGO!
Nobody knows exactly what LHPT will do except for Todd and Gerard.
There are many other things that could happen...JVs partnerships, ...etc
Bid is staying strong at 29MM vs only 1.5MM at .0006.
Get back to 7 and start chipping away it and it could explode, only a matter of time.
But for today, it could just as easily sit. At some point the bid sitters will miss their opportunity for a quick 4 bagger+
Maybe I'm an optimist but I think LHPT finally had guy on the ground (Danos) that saw that the company was going nowhere. Todd was never an oilman and I think was relying too much on HCE. He made Maye the President and then shortly later the relationship diminished to HCE only being the operator on a few properties. Now it looks liek they will be gone completely.
Once Danos got on the ground, he and the rest of managment determined that reworking the exisisting wells will not create longterm success. Its been so long I can't remember just what LHPT has the rights to...how much land. Is it possible that want to drill a new well on an existing asset? Hence the need for the geologist? Maybe. I'm glad they are looking to focus on "South Eastern part of Texas (Eagle Ford Shale Region) and the Tuscaloosa Marine Shale in Louisiana" That's where the oil is, unlike some of the other assets.
Relocating the HQ must make sense geographically and has minimal cost, the website lauch was good and important for communication, hopefully it is updated frequently.
My biggest question is #4. How will they finance this with little dillution left. My guess is they will raise the A/S. No need for an RS. But hopefully we will experince a rise in the PPS when the maxout occurs and we can get to have some fun with this play for a little while. GLTA
Decent volume yesterday. Perhaps this will start to catch some MOMO.
What do you think of today's news?
...transaction may add close to one million dollars in revenue and several million dollars of value to our bottom line in the near future.
Thats some big words. Will they live up to it?
That's some big news. Need to do some DD on this trucking company.
10MM at .0007 already getting chipped away. Let's knock that wall down. Break through that today, and we should be running.
No mention of an R/S. But thanks anyway.
Nice new website. Lets hope things keep rolling this week.
Did anyone call TA on Friday?