Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Fairy tale? I've held stocks numerous times for 1000% plus gains. They are all extremely risky, but those types of gains do happen, almost every day in these markets. Penny stock investing is more like a game to me than investing, and thus I only through a very small portion of my portfolio in that direction. Not saying PSPW will or will not see major gains like that, just saying that it is very much possible.
Clearly this is dropping from lack of news, and longs baling. There was no dilution from the drop from 30 cents to 6, so I highly doubt that's happening now.
Please keep us posted :)
Absolutely agree, there is no reason they can not send a status report. It's pathetic the way they have treated long time shareholders. Having said this I do still have some hope that Albania will happen. In the end it's a risk we all took.
Nope, not insider info at all. Toby's shares are unrestricted and he is no longer an insider. It's just info that most of us have about what happened with the whole Toby situation which you clearly DO NOT have, or you wouldn't be posting this stuff repeatedly.
Most of us know whats going on with Toby. We just don't post it here for people to twist and spin, whether good or bad..... Do your DD before like the rest of us have :)
Great, and what's your point? We can all read the ticker lol :0
The majority of people are ignorant to just how big Solar power will be in the coming decade. Not only will the US be energy independent because of the oil sands and fracking, but within a decade the US will be able to technically not rely on fossil fuels for any of it's energy. The efficientcy of solar is increasing along an exponential curve, meaning every 2 years or so it doubles.
Agreed. I can wait this out for 5 or 10 years if I need to. That;s the beauty of investing money you can afford to lose. Save you nest egg for the GE's, Google, and IBM's of the world.
On a separate note, in the last two year there have been major developments in Green energy, and in my opinion in the next 3-4 years we will see huge strides:
- Graphene batteries are promising to create supercapcitors which will be able to quickly store and release energy created by solar and wind. This means the energy will not have to be used immediately, and it will provide for stability within the grid
- Solar continues to increase its efficiency. Already in India Solar is cheaper then conventional methods of energy. By 2017 solar will be as cheap conventional energy the majority of the world.
The years 2008-2012 were years of hype and a bit of a bubble in green energy. From 2013-2020 we will see this industry explode!
The majority of us here are hear for the long run, whether big news comes or the share price continues to bleed. The reason it's quiet is because there hasn't been news in months, and we all have a lot better ways to spend our time.
Good luck everyone! They continue filing their quarterly, the offices are still open, they just need to give us an update and get the financing needed. This may take months, or maybe even years, perhaps they won't be able to execute their play like they wished. Look at the past Hydro projects out there and how long they take to plan, finance and develop. I think it's a tad funny that people who have no interest in stocks seem more concerned with our money then we do :)
The Word Ambassador may be being used loosely here. He certainly isn't for instance an international Ambassador like "US Ambassador to Haiti", etc. He may just title himself as RVPL's Ambassador to Haiti or something like that. I'm pretty sure it's not an official title recognized on a global scale. Just my opinion. The coming weeks will be telling
Well as of the close of last year equity per share is about 85 cents. I don't see why this shouldn't be trading around that price now. Will it, who knows. It will be interesting to see if 2012 numbers improved over 2011, like I believe they did.
Been here a couple years. Only holding about 90k shares, but it'll do
Yeah I'm interested to see what 2012 numbers look like as well. 2011 was a drop off from 2010, but still very very good. considering the market cap here is about $8 million lol
10K Out
Good question.... Perhaps this way they have more working capital so they can immediately pump out more products rather then way several weeks between each shipment.
Yeah, I would hope though that we see revs on this what like the company's IR claimed we would.
This is either one of the biggest sleeping giants I have ever seen, or one of the biggest international frauds any one man could pull off. I am leaning much more to the latter.
Agree. Still confident here, but I am also a bit aggravated at some within the company for the lack of information,. Having said this, they are a voluntary filer so we can't be too mad.
Quarterly should not be due until March 14th or 15th... I don;t understand why all the panic.
Likely we will see something by March 21st at the latest.
I have always said, if this doesn't work out it WILL NOT be because we were scammed, it would simply be because the management didn't make the right moves. Anyone who comes here saying this is a scam shows that they have done absolutely no DD. The company has never diluted, and honestly, what could they make if they started diluting now? Maybe $1 million bucks top? The people behind 3Power deal with billions of dollars every year.
Do I agree with how they have been treating shareholders? No. Are they breaking any laws? Absolutely not. They are still a voluntary filer as far as I am aware as well. Although it hurts right now, all we need is some positive news and this will fly. I do think we will get some good news soon. Is it a guarantee,? No... Could this company fold? Yes.
Interesting Article About SRGE Being Scam
The article is about crowdfunding, but ties in the SRGE scam.....
Attention SEC: Equity Crowdfunding Pales in Comparison to Penny Stock Fraud.
http://crowdfundingforum.com/showthread.php/2693-Attention-SEC-Equity-Crowdfunding-Pales-in-Comparison-to-Penny-Stock-Fraud
Agreed. Hoping for the latter :)
Nice to see pictures from the ground. This is a sleeping giant IMO.
Interesting Article About SRGE
The article is about crowdfunding, but ties in the SRGE scam.....
Attention SEC: Equity Crowdfunding Pales in Comparison to Penny Stock Fraud.
http://crowdfundingforum.com/showthread.php/2693-Attention-SEC-Equity-Crowdfunding-Pales-in-Comparison-to-Penny-Stock-Fraud
There is plenty of reason to issue a Cease and Desist order, which barely costs anything. If you owned a business and some idiot came along posting press releases that they owned it and that they were making a ton of cash from that business, wouldn't you issue a C & D order? I certainly would in a heart beat!!
I see what you are saying, but I don't think they have to mark that one a yes just because of some revenue. I have seen it go either way in the past.
Obsidian - Emerging Growth Connection:
https://www.facebook.com/obsidian.financial.communications
See they post a lot about emerging growth. The good thing is most of the companies they post about are NYSE or NASDAQ.
And what info do you have regarding any pump they did on this one? The price action certainly doesn't resemble any pump, instead it resembles slow accumilations
Out at .0096 for a nice 20% gain :)
Jumped in at .008 for a bounce bounce. Crossing my fingers :)
It's very aggravating. Hani kept leading us on that news was right around the corner, and then he tells me that he's no longer doing IR but news is coming. Luckily i have patience, but I don't find the way they are treating loyal shareholders here very kind. Some of us have been here for over 2 years. The least they can do is post a newsletter to show us that they are still working on bill things behind the scenes. Albania is important here. We need an update already!
We just need some stinken news now!
LOL, this fell over 93% in the last few months. if there was any NSS they surely would have covered for massive gains!
Missing executives may have faked deaths in Mexico
Not to be rude, but how can anyone believe this company any longer. I will bet anyone $100 grand that this was all a fraud.
by ANGELA KOCHERGA / KVUE News
Bio | Email | Follow: @AKochergaBorder
kvue.com
Posted on February 15, 2013 at 10:19 PM
Updated Saturday, Feb 16 at 9:08 AM
There are growing questions about Southridge Minerals, a company that claimed to have a headquarters in Dallas. The office is empty and the men listed online as executives are missing.
And there’s suspicion they may have tried to fake their deaths in Mexico to escape from investors.
Mexican news reports said their bodies were found in a remote region near the Jalisco-Nayarit State line, an area plagued by drug violence.
But a week after the story appeared in Guadalajara newspapers, one of the reporters wonders about the source for his report.
“The strange thing is they called me but also other colleagues, “ said Antonio Neri Johnston, a reporter who wrote the first story about the dead executives.
He based it on a news tip called in by a man who claimed he was a police officer in a remote village. He said two bodies were found floating in a river with a briefcase nearby with documents that identified the pair as Americans Michael Davies and Derard Johnston of Southridge Minerals.
The story appeared in several papers, online and on the radio, but none of the reporters quoted witnesses or said they traveled to the remote area themselves.
The photos of bodies and the river are from past news stories.
U.S. and Mexican authorities have no evidence of a crime or accident in the area where the bodies were reportedly found. And nobody has reported the men as missing.
There’s absolutely no proof the American men died mysteriously in Mexico. But there's growing suspicion it's all a hoax designed to escape from investors back home.
Doubts about the deaths appeared on the company’s Facebook page along with complaints about missing money.
The Securities and Exchange Commission suspended trading in Southridge stock on December 28 and questioned the accuracy of statements made to investors about the company’s operations in Mexico.
“I’ve never heard of any mining company,” said Miguel Ramirez, a watchman at office building listed as address for the Mexican mining company affiliated with Southridge.
Ramirez has worked at the small office building for four years. Several tenants also said they did not know of any mining company leasing space. The address is listed as a suite on the 5th floor.
“There’s no fifth floor,” said Ana Cristina Miranda one of the tenants. “Maybe they’re a fraud.”
Lol did you bother to check what the OS numbers have done in the last 18 months? Pretty much remained untouched
looks like a stock selling operation formed for the express purpose of enriching those in control of the company...
Agree. They can at least issue a newsletter on the site giving us a quick update. That's Free for them.
Yeah i wonder as well... no clue
From Hani:
For what it's worth. Email from Hany today:
XXXX,
I am not in charge of IR any longer because of my engagement in other activities.
I am confident that soon you will get a response.
regards
Hani
I am confident that soon you will get a response
Thats a generic statement from these types of filings from the accountant.
Interesting 100k share bid up there
Added 30k