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WOW!!! Holy COW Batman, that was fast. up .99 in a flash!!!!
This must be a flash rally, reverse of a flash crash LOL!!!
Time to charge up the flywheels, then let it all loose at once! LOL
OK folks, we have been green here all day, and have hit .18/share. I think it is safe now to say something, other than just the stock price must be up!!!!
Resistance was .15-.16, now below us and like to form into support now.
.25 is the next lines of resistance.
Normally I would agree with you sunspotter, but I disagree with you on this one. There is always a chance it may go belly up. There are 2 key people in the company, that if they suddenly died, would probably close the doors on the company at this stage, or sales may just take way too long to reach a sustainable point. So there is risk, just as there is big risk buying EK shares these days, or S (Sprint) shares, or BDI shipping shares, all of which are treading water (LOL, get it Water, BDI, LOL).
But this one has a real product, and real sales, and the product is getting slowly but surely recognized.
The pump and dump on this one was in prior years. There has been no pump and dump this year.
If you check the patent application, and search the main ingredients, you will find a huge data base of studies that show why the main ingredients, on their own, have been known to have huge beneficial health improvement effects related to digestion. The synergistic effects of taken them together is even better.
The claims are verifiable by taking the product. Have you not wondered why the price has held this range for a year in a nasty down market, with NO news!!!
And oil is WAY up too, up 3% near $93, and was way up yesterday too. May just be sell the news day traders, but who knows for sure.
NASDAQ non compliance notice has been issued. 6 month count down underway to get the price to close over $1/share for 10 days in a row. With book value over $2/share, that should be easy.
It is not very often that one can buy dirt cheap stock in a company that supplies a unique retail product that has made a life changing difference in your health!
I think the fact that both AEXP and MNLU made it to .17/share on 100,000 and 75,000 share volumes today is very revealing!!!!!
Add to that the MNLU merger company, AEXP share volume is way up, leading the rally, at .042 which is nearly .17 for MNLU!
I think I hear a pigroast squealing about now,LOL.
AEXP is leading the rally, more volume and now at .17/MNLU equivalent.
No, and frankly I did not ask Marc. Maybe one of the others here has?
They should be a whole lot closer to existing pipelines to make that run!!!
Odds are pretty good that they will get a patent issued. I have examined the patent, and I happen to be experienced in the patent field. I have multiple issued international patents. To answer your other question on Autism web site sales here is the ad....
http://www.nationalautismassociation.org/products.php?cat=66
I worry about 1st quarter when they all need to report audited annual reports. That is when the shorts showed up this year (Feb to May) and nailed the ones that were late on annual reports, or that auditors balking.....
I take it you plan to flip on the January rally or hold LT?
That sounds very encouraging!!!
Just curious, what are your thoughts on this one?
The US and international patent system does not require "medical proof" to issue a patent. It only requires "novelty".
http://www.uspto.gov/patents/index.jsp
I have seen and owned too many stocks that went belly up because the CEO was "too good to do any real work, or get his hands dirty", and so they went belly up. COIN is on its way under right now because the CEO is bleeding the company dry, and spending money he does have (to pay his huge salary for doing nothing other than losing huge sums of money repeatedly), which has bankrupted the company repeatedly.
Howard Hughes once disappeared and was found months later loading baggage on a TWA airplane. He had been working at the bottom of the ladder for months at TWA, punching a clock. When his CPA (Hughes Tool company back then) finally found him, Howard told him to buy TWA. He turned TWA around and made a fortune because he learned where the problems were working the menial tasks at TWA for months, before he bought the company.
The CEO (Marc) told me recently that he WILL file an annual report this year. There is obviously no huge news to report yet, or he would have reported it.
Right now Marc is doing what needs to be done, selling and promoting the product!!
Just curious, how did you connect Rock Ridge to GSRE from that link? I Steve Lackley listed, but I do not see GSRE listed by name?
Thanks for the post!
IIRC that is a huge improvement!!!!!
If you want "Yes and where is the growth in shareholder value and sales?" buy netflix, it is only off something like 35% today, down $41.53/share today!!!.
But to answer your question, this is a bottom fishers stock, buying it as oversold, based on the belief it will survive and not go belly up. It has a great product, a dedicated CEO, who is answering the phone, answering questions on the phone and selling the products. Recently the products started selling on the Autism association's web site! A good sign that the product is finally breaking out into the market and being recognized.
Yes it is a very speculative stock, but unlike most penny scam stocks, it has real sales (no, no record sales set yet, but it does have sales)and a real product. Right now it is a watch and wait to see if the sales start growing rapidly or not, or if they finally sign a real deal contract with a big firm with real money. For now, it is way under priced, market cap of only 250 to 500 thousand dollars.
I have examined their pending patent application, which is real, and several others here have been taking the product and claiming huge health benefits. Someone has been stocking up on shares here at the bottom all year, me included.
How deeply have you looked into this company?
LOL! I thought I would let the stock price do my talking and answering while I am busy trying to grab more cheapies!
I did find it humerus that the first item pigroast listed was an old, old issue from 2009, and posted it like it was NEWS!
I was planning to reply to his post about the 10-Q with this:
Pigroast, Are you referring to the 10Q you said they would not ever file (about 7-10 days ago in your earlier post here), because they had no money to pay for the accountant???? LOL, I Guess they pulled another rabbit out of their hat!!!! Also interesting that with no money (per Pigroast's claim) that they secured one of the most credentialed petroleum engineering geologists in the world onto the team!!!
All I could see was that some small to medium sized debt holders had gone to some local courts to secure judgments to protect their rights to collect the debts, and then a few used the judgments to place leans on the well their stuff was used to drill, to insure early payment. I pretty much expected some of them to do that. Interesting that the big boys have not gone down that path!! Also, if the debt holders did not expect MNLU to survive and pay its bills, why waist money on an attorney to go to court?
Old history, stock market is future looking, recent history, IFUS has traded sideways in range between .002 and .006 most of this year. Try again.
Market cap on MHAND is now down $312,000 for a real Biotech with a great B-12 vitamin product in FDA trials, that has a $100 million dollar market potential.
Share count is super low (under 3 million shares issued), price at an all time low, .11/share right now, and .11 offer!!!!
Also they converted the $2 million dollar debt to shares about 6 months ago, before the R/S, so that debt is now gone!
This is an easy 10 bagger buy here!!!
I added the other day, doubled my share count, and I have another order to double it again if it goes any lower.
And IIRC they have more cash on hand today, than the market cap today! Last quarters earnings was $1/share!!!! Earnings from US FED grant ($250,000, or 500,000, IIRC), and a settlement with Hedron JV deal, and a book profit (derivative accounting) from the share price drop versus the old warrants.
Also note worthy, is today's sell volume was 20 times the 90 day average volume, and was equal to 1 million shares sold, pre-R/S, and the .11 price held, so it may be the bottom, or near it!!! And some one still hase shares to sell at .11 now. Note that the ask sat at .80 for a long long time after the R/S!
If that happens, I would not expect news about it, and the market seems to have already discounted that idea looking at the current price.
I am very bullish on the long term prospects of TTEG, but low to zero volume, and no news for 8-10 week stretches is not unusual with TTEG. I have been accumulating here for about 2 years. Slowly at first, and more aggressively at these 3-4 year lows.
Market is very low, Share count is still very low, and has stayed low for the 10 year history on this outfit.
Quick reminder to everyone, and any newbies, AEXP is merging with MNLU, in a 4:1 share swap, so AEXP shares are worth 1/4 of MNLU shares. So watch the AEXP share price and volume too, it just hit .033, or .132 share for MNLU shares after the swap!!!
Anyone for lunch today? We are running a special on Pigroast shorts today! LOL
Congrats to those who bought and held the recent lows in MNLU and AEXP. I actually bought the bottom on AEXP precisely at the bottom (for once), at .015, they will be sale for back $1 sometime soon I hope!
LMAO, "Resistance is Futile" sayeth the Borg!
.15 is now history! Printing .16 now, and no signs of slowing down!!
LOL, buy them both!!!! LOL
Did the % float drop, possibly indicating insider buying, or insider financing converted to common shares?
OPEX expiration was Friday. It is part of the game of setting options prices IMHO. But Europe rallied too:
After showing a lack of direction throughout much of the trading day on Monday, European stocks showed a strong upward move going into the close, ending the day firmly in positive territory. The markets benefited from reports that European leaders made progress on dealing with the regional debt crisis at a summit over the weekend, although final decisions are not expected to be made until a separate summit on Wednesday. The leaders are reportedly close to agreements on recapitalizing European banks and leveraging the European Financial Stability Facility bailout fund. "Work is going well on the banks, and on the fund and the possibilities of using the fund, the options are converging," French President Nicolas Sarkozy told reporters at the Brussels summit. "On the question of Greece, things are moving along.
AP Business Writer
(AP:NEW YORK) Stocks are rising strongly after a round of corporate takeovers and reports that Europe's bailout fund will be larger than anticipated.
Mattel and J.M. Smucker were among companies that rose after announcing acquisitions. Caterpillar jumped 5.5 percent after it raised its profit forecast for the year.
Indexes jumped about thirty minutes after the market opened on reports that the powers of Europe's financial rescue program will be greatly expanded. That may help prevent a credit crisis.
Will be interesting to see if it pushes through to .20 with little resistance from .15/.16 area. If it does, this could fly, and volume should pick up!!!
I see the lack of huge volume as a good sign that no one is selling, even at this price!!!!
This seems to indicate that they are in some advanced stage of working out a JV alliance. I take alliance to mean more than one new partner.
Mike Newport states, "We are extremely pleased to have Dr. Chilingar join our Advisory Board to assist with a strategic partnership alliance. His world-class expertise lends tremendous credibility to our current Mississippi project and shows the calibre of talent that our Company is attracting.
We should also see a quarterly report in the next 14 days IIRC.
OTC best bid (5000 share minimum MM bid) is .061 (I think .07 is the 52 week low), not a good sign of any bounce pending yet. My last buy was at .07, I am still holding 2 years worth of share buys (averaging down), and will add if there is any more bid bashing way down under. This one is a very cheap sleeper, that will wake up and run hard again IMHO.
I don't think the flooding this year started until May IIRC. Yes it is just the access road that floods, and or gets washed out. The site and the pipeline stay high and dry according to Jerry.
It looks like the recent press frontal assault on the fracking waste water disposal issue will take a back seat now. I see this as positive news!!!!:
http://yosemite.epa.gov/opa/admpress.nsf/1e5ab1124055f3b28525781f0042ed40/91e7fadb4b114c4a8525792f00542001!OpenDocument
EPA Announces Schedule to Develop Natural Gas Wastewater Standards/Announcement is part of administration’s priority to ensure natural gas development continues safely and responsibly
Release date: 10/20/2011
Contact Information: Enesta Jones, jones.enesta@epa.gov, 202-564-7873, 202-564-4355
WASHINGTON — The U.S. Environmental Protection Agency (EPA) is announcing a schedule to develop standards for wastewater discharges produced by natural gas extraction from underground coalbed and shale formations. No comprehensive set of national standards exists at this time for the disposal of wastewater discharged from natural gas extraction activities, and over the coming months EPA will begin the process of developing a proposed standard with the input of stakeholders – including industry and public health groups. Today’s announcement is in line with the priorities identified in the president’s Blueprint for a Secure Energy Future, and is consistent with the Secretary of Energy Advisory Board recommendations on steps to support the safe development of natural gas resources.
"The president has made clear that natural gas has a central role to play in our energy economy. That is why we are taking steps -- in coordination with our federal partners and informed by the input of industry experts, states and public health organizations -- to make sure the needs of our energy future are met safely and responsibly,” said EPA Administrator Lisa P. Jackson. "We can protect the health of American families and communities at the same time we ensure access to all of the important resources that make up our energy economy. The American people expect and deserve nothing less."
Recent technology and operational improvements in extracting natural gas resources, particularly shale gas, have increased gas drilling activities across the country. Production from shale formations has grown from a negligible amount just a few years ago to almost 15 percent of total U.S. natural gas production and this share is expected to triple in the coming decades. The sharp rise in domestic production has improved U.S. energy security and created jobs, and as with any resource the administration is committed to ensuring that we continue to leverage these resources safely and responsibly, including understanding any potential impact on water resources.
Shale Gas Standards:
Currently, wastewater associated with shale gas extraction is prohibited from being directly discharged to waterways and other waters of the U.S. While some of the wastewater from shale gas extraction is reused or re-injected, a significant amount still requires disposal. As a result, some shale gas wastewater is transported to treatment plants, many of which are not properly equipped to treat this type of wastewater. EPA will consider standards based on demonstrated, economically achievable technologies, for shale gas wastewater that must be met before going to a treatment facility.
Coalbed Methane Standards:
Wastewater associated with coalbed methane extraction is not currently subject to national standards for being directly discharged into waterways and for pre-treatment standards. Its regulation is left to individual states. For coalbed methane, EPA will be considering uniform national standards based on economically achievable technologies.
Information reviewed by EPA, including state supplied wastewater sampling data, have documented elevated levels of pollutants entering surface waters as a result of inadequate treatment at facilities. To ensure that these wastewaters receive proper treatment and can be properly handled by treatment plants, EPA will gather data, consult with stakeholders, including ongoing consultation with industry, and solicit public comment on a proposed rule for coalbed methane in 2013 and a proposed rule for shale gas in 2014.
The schedule for coalbed methane is shorter because EPA has already gathered extensive data and information in this area, EPA will take the additional time to gather comparable data on shale gas. In particular, EPA will be looking at the potential for cost-effective steps for pretreatment of this wastewater based on practices and technologies that are already available and being deployed or tested by industry to reduce pollutants in these discharges.
Please do not turn this post into a political debate, but it looks like the recent press frontal assault on the fracking waste water disposal issue will take a back seat now. I see this as positive news!!!!:
http://yosemite.epa.gov/opa/admpress.nsf/1e5ab1124055f3b28525781f0042ed40/91e7fadb4b114c4a8525792f00542001!OpenDocument
EPA Announces Schedule to Develop Natural Gas Wastewater Standards/Announcement is part of administration’s priority to ensure natural gas development continues safely and responsibly
Release date: 10/20/2011
Contact Information: Enesta Jones, jones.enesta@epa.gov, 202-564-7873, 202-564-4355
WASHINGTON — The U.S. Environmental Protection Agency (EPA) is announcing a schedule to develop standards for wastewater discharges produced by natural gas extraction from underground coalbed and shale formations. No comprehensive set of national standards exists at this time for the disposal of wastewater discharged from natural gas extraction activities, and over the coming months EPA will begin the process of developing a proposed standard with the input of stakeholders – including industry and public health groups. Today’s announcement is in line with the priorities identified in the president’s Blueprint for a Secure Energy Future, and is consistent with the Secretary of Energy Advisory Board recommendations on steps to support the safe development of natural gas resources.
"The president has made clear that natural gas has a central role to play in our energy economy. That is why we are taking steps -- in coordination with our federal partners and informed by the input of industry experts, states and public health organizations -- to make sure the needs of our energy future are met safely and responsibly,” said EPA Administrator Lisa P. Jackson. "We can protect the health of American families and communities at the same time we ensure access to all of the important resources that make up our energy economy. The American people expect and deserve nothing less."
Recent technology and operational improvements in extracting natural gas resources, particularly shale gas, have increased gas drilling activities across the country. Production from shale formations has grown from a negligible amount just a few years ago to almost 15 percent of total U.S. natural gas production and this share is expected to triple in the coming decades. The sharp rise in domestic production has improved U.S. energy security and created jobs, and as with any resource the administration is committed to ensuring that we continue to leverage these resources safely and responsibly, including understanding any potential impact on water resources.
Shale Gas Standards:
Currently, wastewater associated with shale gas extraction is prohibited from being directly discharged to waterways and other waters of the U.S. While some of the wastewater from shale gas extraction is reused or re-injected, a significant amount still requires disposal. As a result, some shale gas wastewater is transported to treatment plants, many of which are not properly equipped to treat this type of wastewater. EPA will consider standards based on demonstrated, economically achievable technologies, for shale gas wastewater that must be met before going to a treatment facility.
Coalbed Methane Standards:
Wastewater associated with coalbed methane extraction is not currently subject to national standards for being directly discharged into waterways and for pre-treatment standards. Its regulation is left to individual states. For coalbed methane, EPA will be considering uniform national standards based on economically achievable technologies.
Information reviewed by EPA, including state supplied wastewater sampling data, have documented elevated levels of pollutants entering surface waters as a result of inadequate treatment at facilities. To ensure that these wastewaters receive proper treatment and can be properly handled by treatment plants, EPA will gather data, consult with stakeholders, including ongoing consultation with industry, and solicit public comment on a proposed rule for coalbed methane in 2013 and a proposed rule for shale gas in 2014.
The schedule for coalbed methane is shorter because EPA has already gathered extensive data and information in this area, EPA will take the additional time to gather comparable data on shale gas. In particular, EPA will be looking at the potential for cost-effective steps for pretreatment of this wastewater based on practices and technologies that are already available and being deployed or tested by industry to reduce pollutants in these discharges.
I wonder if there is more than just NG being looked at now? This new guy is also an expert on oil in special high pressure formations (from what little I have read so far about him), and there has been occasional speculation of smackover oil just a little deeper than the current well depth.
I am not an O&G exploration engineer (I am out of my league here), but I wonder if you can produce a well like BP#1 for several years to lower the local geologic pressure, and then re-enter the well, or drill a new well next to the BP#1, and go deeper once the local pressure has been reduced enough to permit safer drilling just a little deeper?
Interesting new NG play article today from Seeking Alpha:
http://seekingalpha.com/article/300216-looking-for-the-next-natural-gas-play?ifp=0&source=email_alternative_energy_investing
Deal #2
Let's assume the price moves back to $5 within a few years. If that's the case, what are the best ways to play the trend? Well, Norway's Statoil (NYSE: STO) has just decided to acquire Brigham Exploration for a whopping $4.4 billion. [Tony Daltorio also recently wrote about Statoil's huge new oil finds in the North Sea.]
Curiously, multi-national energy firms typically buy U.S. companies for their oil, not gas, because oil is a much more fungible global commodity. Statoil is clearly focused on U.S. energy market opportunities because natural gas produced in the North America invariably stays here. By acquiring Brigham (along with a $3.4 billion purchase of assets from Chesapeake Energy (NYSE: CHK) in 2008 and a $225 million purchase of shale acreage from Talisman Energy (NYSE: TLM) in June), Statoil is tacitly expressing the belief that the U.S. natural gas market offers some of the strongest potential returns in the global energy industry.
Merrill Lynch notes Southwestern has chosen to avoid hedging, meaning it hasn't locked up its output at moderately higher prices, as many producers have. "We think this could be an indication of the industry's view on natural gas prices trudging at near floor levels." Said another way, Southwestern's stock has more upside than most if gas prices start to rebound in coming quarters.
One more indication we are in the right place.
http://seekingalpha.com/article/300216-looking-for-the-next-natural-gas-play?ifp=0&source=email_alternative_energy_investing
Also a good indication that the NG pipeline companies will see steady growth in NG pipeline flows for a long time.
MVTG is years ahead of most everyone technology wise, except maybe in the financial arena. Many others that are working on worthless pipe dreams, have raised huge amounts of cash that will go to waist, like the money Bill Gates has tossed around on several pie in the sky ideas that have no chance of working.
Sounds like it also time to start doing DD on who is in the pipe and pipeline installation business.