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"We believe we can open as many as 30 locations by year end"
How many OTC companies are ACTUALLY selling things, increasing, and not diluting? Not many, this one is fire!
The growth here is epic, this is criminally underpriced
That seems easy, nice setup for big rev in 2021
Should happen soon, millions being slapped.
Huge news!
Oil could really take off here with stimulus!
Good work team
MM's will lose in the end.
Happy trading today all! Looking good!
Maverick Energy Group, Ltd. Announces Option to Purchase Big Foot Field
Press Release | 10/13/2020
ST AUGUSTINE, FL / ACCESSWIRE / October 13, 2020 / Maverick Energy Group, Ltd. (OTC PINK:MKGP) is happy to announce it has secured a six (6) month option to purchase the 6,800-acre Big Foot Field in Frio and Atascosa County Texas from DESMDX. The Big Foot Field, formerly discovered and developed by Shell Oil, has produced 30 million barrels of over 200 million barrels of oil in place. The Big Foot Field currently produces approximately 100 barrels of oil a day and has many recompletion and new drilling opportunities available. During the option period, Maverick will conduct extensive due diligence involving engineering and geological evaluations.
"Maverick Energy Group, Ltd. is currently an operator of the Big Foot Field, and with our extensive experience in horizontal and ultra short radius drilling, this project represents a tremendous opportunity for Maverick," CEO James McCabe said.
https://www.otcmarkets.com/stock/MKGP/news/Maverick-Energy-Group-Ltd-Announces-Option-to-Purchase-Big-Foot-Field-10132020?id=276777
Maverick Announces Option to Purchase Diamond Energy Services, LP
Press Release | 10/16/2020
ST AUGUSTINE, FL / ACCESSWIRE / October 16, 2020 / Maverick Energy Group, Ltd. (OTC PINK:MKGP) is pleased to announce we have secured a six (6) month option to purchase Diamond Energy Services, LP. Diamond is a full well servicing company located in Moore, Texas and has been servicing oil and gas companies throughout Texas since 2005. Diamond operates eight service rigs and runs roustabout, cementing, and trucking crews with forty fulltime employees.
The Diamond acquisition can position Maverick to service our own oil fields while continuing to provide services to other oil and gas companies.
https://www.otcmarkets.com/stock/MKGP/news/Maverick-Announces-Option-to-Purchase-Well-Servicing-Company?id=277221
8,359,150 float, confirmed Friday, no change again.
No dilution, share REDUCTION!
MKGP Reduces Outstanding Shares
Posted on August 21, 2020
Maverick Energy Group, LTD is pleased to announce the Company is completing the buyback of 79,118,683 common shares from CEO James McCabe. These common shares will be returned to the treasury of the Company. In return, the Company will issue 100,000 newly-formed Preferred Shares to James McCabe and his assignees. This transaction represents 60.4% reduction of outstanding shares of the Company.
http://www.maverick-energy.com/mkgp-reduces-outstanding-shares/
CEO Buying Shares:
"In a private transaction closed on July 3, 2020, James McCabe, CEO of Maverick Energy Group,
Ltd, purchased 34,438,039 shares of common stock from three separate shareholders. This purchase
increased Mr. McCabe’s holding to 82.1 million shares of common stock, representing 62.6% of the
outstanding common shares. "
https://backend.otcmarkets.com/otcapi/company/dns/news/document/42630/content
What does that equate to, if they can use $50M financing to nab a 1-3 ratio... could see $150M revs a year.
OTCQB inbound!
"Maverick would also like to announce the engagement of Sterling Issuer Services, LLC to assist with
uplisting requirements to OTCQB, which includes becoming fully-reporting with a PCAOB auditor, DTC
eligible, an SEC filer, and become eligible for DWAC services. On September 17, 2020 Maverick Energy
Group, Ltd. was granted access to the EDGAR filing service for future SEC filings, meeting the SEC filer
requirement. Maverick anticipates DTC eligibility to be approved in the coming weeks and management
is in active discussions to engage a PCAOB auditor. "
http://www.maverick-energy.com/wp-content/uploads/2020/10/MKGPSep2020SUPPINFO.pdf
$50M in financing! They can pay cash and not dilute at all.
Break .10 today IMO
Agreed, could be higher.
I agree, we will make bank on this shortly. It is not economical to short a stock at .07. If this gets to the .70-1.00 range then you will see it.
The more you post, the more I want to buy! This thing is a rocket!
Undervalued Absolutely fire! MKGP is about to explode. >$10M annual rev if they close both purchases... so undervalued.
This thread is fire!
Few more PR's and it'll be gone!
Wont take much buying to get going, I know I snatched a few up on the dip.
I ma sure someone here has that info.
I hope so, lose their shorts.
Just needs eyes! No one knows about this yet.
$MKGP Announces Option to Purchase Big Foot Field which Maverick currently operates https://bit.ly/2GMrTLD
$MKGP Announces Option to Purchase Big Foot Field which Maverick currently operates https://t.co/TeYKdoKoaR
— MaverickEnergyGroupLTD (@mavmkgp) October 13, 2020
Float is 8,359,150 and MOSTLY locked up.
Maverick Energy Group, Ltd. (OTC PINK:MKGP) is happy to announce it has secured a six (6) month option to purchase the 6,800-acre Big Foot Field in Frio and Atascosa County Texas from DESMDX. The Big Foot Field, formerly discovered and developed by Shell Oil, has produced 30 million barrels of over 200 million barrels of oil in place. The Big Foot Field currently produces approximately 100 barrels of oil a day and has many recompletion and new drilling opportunities available. During the option period, Maverick will conduct extensive due diligence involving engineering and geological evaluations.
SHARE REDUCTION
In a private transaction closed on July 3, 2020, James McCabe, CEO of Maverick Energy Group,
Ltd, purchased 34,438,039 shares of common stock from three separate shareholders. This purchase
increased Mr. McCabe’s holding to 82.1 million shares of common stock, representing 62.6% of the
outstanding common shares.
SQUEEEEEEZEEEE
That'd be nice!
Really need new people to get in here , runt he MM'S out.
HOT DANG
You know that fine print is the boiler plate each and every publicly traded company adds to their PR's right?
Good news