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The company will be buying back shares at sometime in the future. People that are spreading the negatives have reasons.Don't listen.
I bought some at7 cents. this is my 3rd entry. Bought my first in feb 2016 at 38 cents and sold for 1.62. in march of that year. Bought in may 2016 for 28 cents and sold for 43 cents. So at 7 cents I feel that it is going up . Someone griping about them not bringing in money well sometimes it is better to hold on to your money. Let us hope we see 1.00 by november.
gas has already went up 40 cents in htn texas
Well nathan, it looks like someone has already cooked your goose. But good luck finding new investors. You have already taken enough from me.
thank you. looks like we been had
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kpmg is located in houston texas. I know because i am located in houston texas. It is a accounting firm located here.
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Unbelievable that he knows more then what is in a periodical that only oil people can read. Helped built my first rig in 1981 for the company that allowed me to read this. Now it may tank but I do know what I read. So no matter how many times someone wants to talk about vdi. All I know is vtgdf.
vtgdf bought the rig. They were awarded 2 contracts in the gulf of mexico. I don't know anything about vdi.
This came from a periodical I read about the industry. You have to be in the business to get to read this. I'm not but have family that are
Are you new to investing? It is so easy for the ceo to take money from shareholders. He gives himself shares which he can dump. He issues new stocks to him and his buddies at a preferred level. Then start taking dividends. That is just 2 ways that I know of. Don't believe the last one then dd on 2 oil companies that were supposed to merge. That is how one got out of the merger.
Could someone please tell me why would someone buy 10 units of a penny stock?
it just makes the drip better
it just makes the drip better
i thought nathan was saving boy scouts in florida? This puke has done nothing but take share holders money.Well at least he educated me on pennies. It cost me but it was a life lesson. The only hope is someone buys the name
I wonder if this is like the current administration. A whack job on top in leo. And great underneath leaders in bertolini.sp , I have been here for awhile and just shake my head at all the good intentions that haven't came thru
nice and honest.I am already stuck with what you described in another. I have 3 more includding vdrm that I hope will skyrocket. But thanks for the info.
I thought i read last summer that they were awarded a lot in the field in mexico. There is a periodical that if your in the industry that you can read. I'm not but had access to it back last summer This same article said that one of the companies mentioned favorably in your article bid on everyone was shut out
I know I bought at a p.p.s at 2.25. As of now ,I feel stupid.
vtgdf will be at 3.00 in the near future.
i put in buy orders if it falls below 2 cents. I hope it doesn't get filled
lets hope your wrong . then have vdrm day in vegas and i'll buy the first beer or shot.
yes I believe they are trying to drive prices down. If it goes bust I m not out money but would be nice to see after first of year go to a dollar. Notice people are sharing things from 2015. Feel like I'm watching an episode of back to the future. I think i will invest more money in this if it stays below 2 pennies
Now they may go bad but everything in the stock market is a gamble. I think vtgdf will do my pocketbook well
not true. i was explaining what he was saying about vtgdf was not true. If you buy from a company that doesn't allow you to buy fraud companies. i notice he talks about things that aren't about the company and it is still here.
By the way here is the latest sa article. Don't know why a company that is in liquidation releases results. Oh yeah they are private. But then if they are private why are the releasing results to share holders?
Vantage Drilling Co. (OTCPK:VTGDF) Q4 2016 Results Earnings Conference Call March 9, 2017 10:00 AM ET
Executives
Douglas Stewart - Vice President, General Counsel & Corporate Secretary
Ihab Toma - Chief Executive Officer
Tom Cimino - Chief Financial Officer
Douglas Halkett - Chief Operating Officer
Analysts
Haithum Nokta - Clarksons Platou Securities
Kyle Owusu - Reorg Research
Operator
Good morning ladies and gentlemen and welcome to the Vantage Drilling International Reports Fourth Quarter Results for 2016 conference call. Today's conference is being recorded. At this time I would like to turn the conference over to Douglas Stewart, General Counsel. Please go ahead, sir.
Douglas Stewart
Thank you. Good morning, everyone and welcome to the Vantage Drilling International 2016 fourth quarter conference call. With me today is Ihab Toma, our CEO, Tom Cimino, our CFO, and Douglas Halkett, our Chief Operating Officer.
This morning we released our earnings announcement for the fourth quarter and for the period ended December 31, 2016. The earnings release is available on our Web site at vantagedrilling.com. We intend to file our annual report on Form 10-K this week. Please note that as a result of our emergence from Chapter 11 on February 10, 2016, we adopted fresh start accounting and the financial information on or after that date is not comparable with the information prior to that date. Accordingly, we will not speak to full year results during this call but focus on the quarterly information for the three months ended December 31, 2016.
Please also note that any comments we make today about our expectations of future events and projections are forward-looking statements pursuant to the Private Securities Litigation Reform Act. Forward-looking statements in today's call are subject to a number of risks and uncertainties, many of which are beyond our control and could cause actual results to differ materially from the projections made in today's conference call. We refer you to our earnings release and SEC filings available on our Web site. Vantage does not undertake the updating of any such statement or risk factor that could cause actual results to differ materially from our expectations.
At the end of our prepared remarks there will be a question-and-answer session. Now let me turn over the call to our CEO, Mr. Ihab Toma.
Ihab Toma
Thanks, Douglas. I am pleased to advise that we have had several positive developments since our last call. First things first, on our safety and operating performance which remains the top focus for us as a company. With our sharp focus on safety, I am proud to announce that we experienced no recorded incident in the quarter and as of last month, our 12 month rolling loss time incident rate has now dropped to zero.
All this is a direct result of our full alliance, offshore and onshore, behind our new safety [portal] [ph] provision of perfect day every day, and the safety programs we rolled under that vision. We define a perfect day as no incident, no downtime and a fully satisfied client. On operating performance, we again had a strong quarter with our three operating rigs achieving a revenue efficiency of 99%. This safety and operating performance is industry-leading and is a key enabler for our ambitious goal of putting all our rigs back to work in this very competitive market.
On that front of putting our rigs back to work, I am pleased to announce that the start of operation of the Emerald Driller in Qatar was near perfect with uptime of 99% during the quarter. The flawless reactivation of the rig and the commencement of the work on time and on budget, is a testament to our successful starting technique, our project management knowhow, our reactivation philosophy, and last but not least, our peoples experience amplification.
About this article:Expandn would be releasing 4th quarter results. Oh yeah they are a private company. But doesn't a private co. not have to release results because they don't report to share holders?
also i think everyone has read that sa article that you posted
But we are going to close a deal. lol I thought i made a mistake selling at .019. Best move yet. Thought of getting back in. lol
they are out of liquidation. Look at the date. jan 2016. C'mon man!
the cobalt co. is cie. i'm beginning to wonder what the end game is here. One thing i don't like is the buying and selling of shares has slowed down. Not a good sign
Isn't it funny that they bought ir 3 months ago and now releasing the sell. Don't believe me I released this in here couple months ago. Also another reader talked about it. I guess after vtgdf released the statement they realized they couldn't have any assets.
When viagra was founded they were researching with mice for something else. They noticed that the mice kept having sex. Some drugs are discovered searching for something else. Let's pray that we have found the next "viagra"
thanks. enjoy your input
How about market wire?
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if it is the stock i'm thinking of. they are on the delivery system. I invested in this stock same time as I invested in ctix. It is 1 of the few that i have done well with. As opposed to ctix where i have losy a bit
this goes up tomorrow. it is at 03 after market
nice analysis