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My prediction on the PSC signings stands: Jan 15, 2006, but I did not think I might be way too optimistic at the time.
Trout
"Time will tell."
Well that is certainly right. I happen to side these days with the guys you are calling bashers, but am long NWAU. This drek doesn't need any bashing, the pps is a direct result of the behavior of the management.
Trout
____________________________
Better buying means less tax loss selling.
just to be nominated is an honor, I am sure you were given consideration last year, but this year, you are exhibiting remarkable clearheadedness.
Thanks Art, much appreciated, and I respect your discretion.
since I don't like being ignorant, I will ask, has Devon or Nobel ever said why they pulled out of their arrangements with ERHE? I mean the real reason. Devon knew what their share was to be long before they ever pulled out.
Thx
mark, did not mean to impugn your objectivity, just that the news is so soft as to be meaningless.
Here is my prediction: The PSCs won't be signed and sealed and approved before christmas and that means that they won't be done before about January 15...because just as they look at time and deadlines differently than us, so it is with money (the interest won't make the difference).
Just another opinion.
TFA
Some guy on the phone said "soon" --Mark I appreciate your posts, but this is what that boils down to. It doesn't do anyhting to the stock price or the value of the company to say this, but is only an enticement for people to buy, or hold, based on what some guy on the phone said.
When the PSCs are signed we may see some appreciation. God willing and the creek don't rise( further dilution).
TFA
I did not see on any of the newswires where the PSC signings took place today. Must have missed it huh?
TFA
Tomorrrow? Friday, the 16th of Dec, 2005? Is this the date the PSCs are going to be signed? Does any one know?
If not, does anyone know when? If not, what is all this gibberish?
Some of you people have to be worn out with anticipation. I know all this waiting and speculating just gets on my nerves. Are the signings taking place tomorrow? or another delay?
TFA
jaime9--I assume by now you know that I was pulling your leg. Here is what I posted on RB
________________________________________________________________
Before I invest any more money in this Company I am going to wait for real financials to come out at the end of the quarter. And although those are not audited, they are light years ahead of the reliability factor which can be accorded any statements in the press.
_________________________________________________________________
You can add anything Scott says in any type of communication
to that.
TFA
I don't have the first damn clue, maybe you're jaded, maybe your expectations were low to begin with, maybe you're just generally pessimistic. Whatever the case may be, I am sure that our boy will be true to his word (LMAO) and I think we should all ease up and give him 1 more full day.
As the CEO of this enterprise I think WE OWE HIM THAT, don't we? Check the edgar site.
Enough of this BS, the power is trying to go out, time for me to check on my Calpine,
tfa
Feed the STP AG to the bear, along with the reporter
I did not listen to the call, but monitored the Yahoo board as it was on, it got rave reviews, only the most ardent bashers had negative things to say.
Trout
I posted this on the RB board the other day--not to be redundant, but here it is:
A response from Mr.Miller Re: the SB-2----------
Counsel is completing the SB2 now and should be filed within a week.
Its then up to the SEC to review and comment before declaring effective.
Sent wirelessly via BlackBerry from T-Mobile.
So, by the 15th we should see the filing, if we are to believe Mr. Miller.
Trout
This was on the 7th of Dec, 2005...
We just got this board to ourselves huh? There is still risk, but I think that 2 things are heavily in our favor, 1-relisting as you said and the other is the rollback of the 75% RULE, WHICH IS very likely to happen (to 50% threshold) because of heavy sponsorship in Congress.
The improvement in the cash flow from the 75-50% rule should make HLSH not only cash flow positive, but profitable as well.
2006 cannot come soon enough for HLSH
I did like the 100% Scrushy-free rendition.
how about HEALTHNation
good answer-check the scoreboard.
faithfully,
TFA
That is your perogative. I think the risk is way too high until we see more numbers (maybe the SB-2). The peripheral signs are pretty bad, with no communication and no filing, one lot closed for remodeling and the others very small. I am holding, but only because (small potatoes and)I find this to be intriguing in the sense that IF it is not a scam, it will be one of the strangest stories I have ever been involved in.
My mistake with this stock was not waiting for the numbers in the first place, I'm not going to do it again.
Somebody made a good point on RB-who remodels when they are trying to cut costs, as put forward by Smiller?
Trout
have you been on vacation? It looks like you posted daily until the REAL numbers through and then took about 3 weeks off. My view on Scott pretty well known, but I hope the company survives and thrives. What do I think? Not the same as what I hope.
GLTA
Trout
So, how's the volume, is tomorrow the day?
I got 555,000 at 10:33
Trout
No emails from Scott today?
2004 10-K filed
let's hope they are up to the environmental risk they are shouldering with this approach.
-long ERHE
Trout
Eprom, won't work, I e-mailed it to him, but it sounds like you could use some warm milk.
TFA
Like I said, generally, I did not find the post credible, and for the reasons you state and the questions you ask. I did find it interesting that it drew a response from the CEO.
hehehe
TFA
Scott's answer (yeah, he responded in minutes):
There are so many misstatements, lies and mistakes in that posting I don't know where to start. We both wasted our time reading it.
Sent wirelessly via BlackBerry from T-Mobile.
I won't give you his blackberry, but that's what he said.
TFA
snow,
I sent a copy of it to Scott's blackberry to see if he wanted to comment. If we are ever to hear anything out of him, that should do it.
TFA
From a quick read of scambuster3 on RB, I did not find him credible, but I believed Scott, at least to some degree.
nyuk,nyuk
TFA
RTQ .12 --Phil you haven't made it yet, but it looks like it might happen. I wonder if the markets think that Scott could still be lying? Dicey business, if so. I think TLFB (The lying fat bastard) is telling a version of the truth. Business close to breakeven. If they stop looting the place they might even make some money.
As a long term opportunity, this looks better than it ever has. For the first time, I would say this stock is undervalued! HA!
shareholder #5
First, I want to say that the investment (sic) I made here was my choice in the final analysis. I do not know if this company will be anything other than a shell going forward, but I hope so.
What I could have done was wait for the numbers, but I had been watching the PRs pour out for quite a while and decided to take a chance, uhhh, oops.
But am I pissed at Scottthelyingfatbastard? Yes.
And it's not even very much money, but I would just like to strangle that mongrel (in a figuarative sense only, for all you alarmists), because I think it was a deliberate fraud, intentional and premeditated-a long con.
TFA
how could we do more damage than mgmt has already caused? That would be Olympian in scale.
TFA
Bottomfeeder,
Do you hold a position in this issue, if you don't mind me asking? Or is this one you are analyzing?
Just a question BF.
The price of Naug is about .66. The Nwau is ~.16. But the Nwau holders are suppossed to receive .3333 shares Naug for each share of Nwau when that conversion takes place.
Shouldn't the valuation measure be the Naug.ob price?
Here's another question: any idea when this might happen? You're in AZ, maybe you have some insight.
TFA
never underestimate the power of cash in Nigeria. There is no shortage of that at Exxon.
has trading been stopped or just stopped because of lack of demand?
YP
Trout
sorry, just a little joke, your asking for a clarification of definte vs 100%--thought it pretty inoffensive.
GLTA
TFA
Is 100% certain better than definitley(definitely)?
how rude....
L
Trout
http://finance.yahoo.com/p?v&k=pf_1
this link provides a look at 8-K just filed with regard to incentivizing the executive team.
TFA