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Thanks for the ABAT bank verification post. That is a lot more detail than I had, and mine was scattered verbal info and scattered prior readings which I had not saved or bookmarked, so hard to get the real story told here!!!
Frankly I trust WallStreet, Nasdaq, the SEC and Madoff less than I trust the Chinese these days, of and lets MF Global to the who not trust list now!!!!
Just dawned on me, that one way they are getting past filing an 8-K on every PR they do, is many of the PR's are just fluff advertising, with nothing really new (no real new substance), but it is attracting new investors, new eyes with every fluffy announcement. I doubt companies do an 8-K on every new minor product change or product update, in other words they use product advertising to get the word out. I use to write white paper articles for magazines that got me free product exposure.
Your relatives, Larry's relatives or both? Your answer was a bit relative, LOL!
I like the sound of that. I would like to hear from someone who is on top of the regs regarding requirements for things like 8-Ks for major PR news major company news, versus minor news and updates. I know I have seen many CEO's do regular minor updates with out treating the updates as major 8-K filings every time they answer a simple minor investor question for clarification purposes(which are costly, and thus counter productive). But I wish I knew more about where the legal boarders are between the two, how are they defined in the regs. In other words what kind of questions and answers are possible, versus ones that need to go through a more formal route. I suspect it partly depends on reporting status of the company.
My company never reached the public firm, reporting status level, but I updated my investors almost daily for 2 years in the early days.
I disagree. I still think Mantra can make it alone. They are lot closer than you think, and a lot closer than the stock price reflects.
But that does not answer my question.
But thanks for sharing your thoughts.
A negotiated deal, backed by China bank loans, to buy Staar out in return for dropping the suit?
I have never bought shares in this one, but 6 months ago, I still found it hard to believe this one was a 100% scam.
OK, this message is for all of us here. I think it is time we all did some brainstorming here to help Larry, MVTG, and thus ourselves out. Lets discuss, propose, debate, any ideas anyone has as to what we can do and what Larry can do to help convince the weak hands to hold and buy and support the price.
Larry and I recently discussed one option, a conference call, Q&A session, maybe even a regular one.
Any one that has any ideas, and expertise, speak now or forever hold you shares, LOL!
And I mean general ideas as well as specifics, like who and when and how to do a conference call.
One good start would be to make a list of nagging questions some of us want official, public answers to. I like the idea of an FDR style fire side chat once a month, just to confirm these guys are still beating the bushes.
Why back up in March or April?
What if CCME is working on a go private buyout deal to get Staar off their back?
I grabbed my first lot at .40, the day it started trading again. Still holding for the long haul. I traded this off and on 2 years ago.
I think oil can flow to any on site storage before the fines are paid(?) But the oil can not be sold and moved off site, until the fine is paid. Good news is that oil can flow into on site storage before the fine is paid. Rest assured (IMHO) that if Questus pays the fines, it will probably come out of the early oil revenue sales, either way it comes out of revenue before either one pays it. In other words it really makes no difference which one pays it, it will be paid before EGOH sees profits, IMHO.
That is based on what I have read here posted by others.
LOL, what Absurd nonsense!
Welcome to the age of GHG global climate change, and unpredictability!
That is also what I have been told several times.
Nice find!!! Thanks for posting it!!!! I wonder if that is new, a sign that maybe they are working on improving their public web face?
That is a big improvement web site wise for the English version:
http://wxabat.en.made-in-china.com/
http://www.wxabat.com/
Check out the audit report!!!!!
http://wxabat.en.made-in-china.com/audited-supplier-reports/report.html
OMG, LOL the usual suspects, INDEED!!!! I think you are really "Keyser Soze"
ROFLMA!!!!
Rally time for ABAT!!!!
I think the OTCBB update from MVTG shows aver 500 known stock holders in MVTG's records.
I know there are some other deep pockets holding shares that are not on this board.
I have bids at .01 now, and a large bid at .0045, The 110,000 share lot dump dropped the days low to .004, then I think an MM or someone placed new orders since then.
It may not be long before I have as many shares as you do, LOL! I am out of posts till 11 pm CST. Email me later if you want to chat.
I talked to Larry already.
I have seen worse today, looks like year end tax selling, when there is too little support, which is killing many penny stocks right now. So much for the Valentines day massacre. I just watched one drop 90% on 140,000 shares, that was already way oversold, knocked the market cap down to $176,000 on a real company. Incredible. So much for the efficient market theory!
One thing is for sure, many are the malls buying gifts, and selling for tax loses. This is a blood in the street day folks!!
Wow, my bid was torn through like tissue paper while I was away. .004 is a market cap of 176 thousand dollars. Even if they doubled the shares this is a screaming steal at that price. I just added a bunch of bids.
Your "No audited Financials" statement is wrong. Only the annual reports are audited, not the quarterlies. The annual reports are current. The 10-Q is only about a month late right now, IIRC, and the new auditor is helping generate one while they look for new CFO, IIRC.
The money is NOT GONE!!!! I got the impression last week that ABAT ended the SEC/Nasdaq investigation by proving the bank balances were real to NASDAQ (it just a few more days than Nasdaq was willing to wait), which was why the initial nasdaq news release said trading would be allowed to resume, but then there was a delay, and they delisted themselves (or agreed to it) due to the late financial reports, that will be delayed while they start over with the new auditors, and the stock price under $1 Nasdaq issues that are likely to linger while the new auditor gets a handle on things.
You really should cover your ABAT shorts now, and find a much better short target!!!!
READ MY LIPS!!! I am not selling!!!! CCME has been dark for nearly a year now and is trading as high 20 cents, and CRTP is now grey, no MM's, no company news, no finacial reports in 6 months, and is trading again at 50 cents to as high as 90 cents the last 2 months!!!!
For the most part, the CO2 will dissolve in the water and add to the water pressure, like a coke bottle, that helps push the oil to the top. If there is no water, it will just form a separate phase, and help push the oil up the well pumps. It would vary from field to field. There would be many different variations of it, under the ocean, deep wells, old shallow stripper wells. But the CO2 would for the most part look to find and dissolve in the water.
Using CO2 to help extract crude is a very good use for it. Some natural gas wells naturally have too much natural CO2 in the Natural gas, to be economical for production of the Nat gas.
LOL, I had a Chemistry professor at the university that said that never and always were not real in the world of chemistry, and I find it true in stocks and other places as well. Every time I read posts using absolute claims, it gets my attention, LOL!
While your statement is true of many other China stocks, I have good reason to believe it is not true of all of them, I strongly believe based on the evidence I have seen, that this one is a real company, and that stock holders buying the knife over the next 3-6 months will be well rewarded. I believe this one is even less of a danger than DEER and HRBN (Harbin) were.
Another new 52 week low, at $1.42 this morning.
CSGH has been in a steady decline matching PEs with the rest of the China Pack for a long time. It's price today has nothing to do with the ABAT PR.
So are you saying that I am "no one" since I am a buyer of ABAT? LOL
Perceptions change, and nothing goes straight down or up forever, COVER your shorts while you can!!!! LOL
If it was an outright scam, why did insiders, officers buy so many shares at such a high price?
http://www.otcmarkets.com/stock/CCME/insider-transactions
And you must not know any lawyers. The first insane thing they would recommend is silence!! And frankly, at this point, any PR would be a waste from the sound of things.
When the bean counters start buying the final tech for various plants, they will see the total cost of CCS is HUGE compared to MVTG's ERC technology, which can earn them revenue (and profit), while most CCS can not earn revenue. Note that using CO2 for oil extraction in oil fields might be less costly that just outright hiding it under the rug, LOL.
Also the Ambulance chasers will be warning the bean counter buyers of the long term, unlimited liability risk if the CCS rugs where they hide it, release the CO2 in a dangerous incident or manner.
I can't think of a soul that is willing to buy your worthless EGOH shares, LOL! Never mind that I added yesterday, LOL.
I don't have an example as extreme as CCME, but the one I do have, was not attacked by short articles directly, and happened before the wave of attacks started and it fell a good 90% and was very quiet for a good 6+ months or longer at one point IIRC. It is CGYV. They changed auditors, and the new one, insisted on redoing the prior 2 year annual reports, and the stock price crashed while there was no news, and while we waited for ages to start seeing old annual reports rewritten. I bought the knife on that one, and did quite well. 400% gain, I am still watching this one from the sidelines, as it has Huge potential if it comes back to life even if have the earnings and cash were only 1/2 real.
I don't think Clayton Smith has anything to do with EGOH. EGOH has its own strange varmint with his own history of screw ups. His name is Wilmont!!! All the dirt digging I have done has never located a connection between the two. Wilmot has his own colorful, checkered past!!!!
The real question right now is Questus. Is there real money behind Questus. I found tracks that indicate there is some big money, and a real winner behind Questus, and I don't mean Steve. I think Steve is just the face at Questus with the real money guy behind him. But only time will tell. IF EGOH gets oil flowing in the next 4-12 weeks, it may be a sign that Questus is not the same old scam. But I still would not risk buying shares in GSRE. Just way too many shares, and too much bad history.
EGOH does have a contract with Questus. That is the only connection I know of between the GSRE and EGOH, so far.
Been arguing with some bears on Seeking Alpha, old short attack articles, comment section, from earlier this year about ABAT, arguing with them the last week or so. They are so convinced this one will just vanish, based on it's being moved to pink sheets, but I just recalled a recent PR, about 6-8 weeks where the cycle division, subsidiary PR'd about a new 8 million dollar bank loan, which would not have gone through the bank if ABAT was scam!!!!
I got into CGYV about 2 years ago after an 85% price crash, when they switched auditors and ended up running a year late redoing old annual audits, but they came back, a year later, filled all the reports, the stock rallied 400% when the reports were filed and the new plant went on line, and now they just reported a first time profit since at least 2008. They did not disapear, neither did HRBN (Harbin which went private with a huge buy out), and DEER which has counter sued the shorts and ambulance chasers!
I staying long on ABAT. Long live the ABAT LONGS!!!
Just a thought, if a company was totally worthless, why would ambulance chasers bother suing it? And why would the worthless company bother mounting any defense at all?
On the other hand the company has had a hoard of employees, about 70 give or take, and a well paid executive staff, that burned through tens of millions of investor dollars in cash, with no end in site, and never were able to sell or finance a single plant with out feeding off the US DOE T! They also relentlessly diluted prior investors as they burned through that cash for years.
I drank the Koolaid, big mistake, about 18 months ago and believed analyst reports that they would have reached break even by now just with the NY plant online at full capacity. What a lie that was!!! Now I hear they may sell the NY plant for a tiny fraction of its cost, and a fraction of what DOE lent for its construction, but the BK filling said they had 30 million in assets more than debts (another lie?), and a few weeks later they suggest the plant will be sold for 25% of what they own for the loans they used to help build it, much less what the total cost was. So what I want to know is where and what are the other $55 million in assets they claimed to have. If they can't earn a profit running the plant after getting a sweat heart DOE low interest loan for most of the cost to build it, 39 million $$s, how will they ever survive, and why would anyone buy the technology, if it is unprofitable????
I have no doubt common shareholders are about to get ripped off one more time, as they already got ripped off for years, long before the Chapter 11 BK. Only this time, I expect a big power company, like SO, or a power house like Westinghouse or GE to pick up the IP prize for crumbs.
I think the DOE was had, and manipulated just like we investors were.
You do know they are in BK, Chapter 11, and the common may get hosed, right?
A form of legal theft by ambulance chasers, wallstreet sharks, and banksters all aided by inept, incompetent financial management of a a great new IP company.
Yep, I was right, same old game here. We closed at a $1.63 today, a new low since the R/S which peaked at $6. Sometimes nothing really changes, just the camouflage and window dressing.
Also noteworthy, is $1.84 in Dec 2010 was the 52 week low, today was a new 52 week low, at $1.51, about a 75% loss for those that held when I suggested selling (and sold myself).
I now wish I had shorted this at $5. But alas I have never yet shorted a stock, but the urge is getting stronger. I am tired of loosing money being long this year, LOL.
In that case go ahead and sell a few here, so we can get the rally going again, and get PR off our back. Funny how he always shows up at the bottom, LOL!
And I want PORKCHOPS!!! LOL
Even if I need to wait till January for them, LOL
I love the labels! I had not seen that link before. Looks like they have been quietly nursing the product along to production after all.
Gerry (MNLU Director) told me about 7-8 months ago, that they could generate as much as $500,000/month in cash flow off this well based on the remaining capacity of the nearby pipeline, and he said the fracked well could deliver a lot more than the existing pipeline could deliver. So even unfracked, this well might be able to deliver enough flow to collect that $500,000/month cash flow in the early months, which would pay a lot of bills very fast. I think he said break even on the well was around $2.50/1000 cubic feet.