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This is crap. Hemi is up .04 today. They must not have nite holding them back.
Too bad we don't have a nice juicy pr hitting the wires about now. If I were Jerry, that what I would do. Does he even know his stock is being manipulated?
What do you make of this trading? It seems to come in waves. What are they up to, the rotten devils.
This is outrageous, how are they getting by with no on-line trades. Poetic justice will prevail, their tieing up their phone lines on a penny stock.
Can you sell online through Scottrade? Why are they all restricting on-line buys? I smell collusion! Anyone else had a similiar experience with any other stocks?
Maybe their schemes will backfire. when you tell traders they can't trade for no good reason, they want the shares more. If I thought I could double my money in a few hours, I'd take the time to call in an order. What a tangled web we weave when we practice to deceive. imo only. Any thoughts to the opening price? Gap up or open lower.
Don't want to get on anyone's bad side. I notice Hemi has interests in Allen, Woodson, Neosho, and Montgomery counties. These are my stomping grounds, I travel through them quite often. I've noticed alot of new drilling going on, but didn't pay much attention to what company was involved, my mistake. I'll keep my eye out for any Hemi, and report back to their board if thats ok with lowman. Good luck on both Hemi and Regions.
I have been corrected on the pps being backward. The similarities that I am citing is just observational in nature, both companies are recovering oil from abandoned wells. The comment about smelling oil a mile away was a rhetorical remark, I assume nobody can smell oil from that distance. As far as the paid projections, I was merely reading the disclaimer at the bottom of the My stock Report found on Hemi website. http://www.hemienergy.com/HEMI.pdf My apoligies if I have posted information that is incorrect. As I have said, I wish I would have bought Hemi before the big run, but I think Regions has just started, so I'll stick to this one. Both companies are fine imo.
mojo said..."ATurd uses Nite and UBSS .ATurd won't let you buy it anymore!
Because Nite has a huge short. IMO!"
Please explain how that could be? Can they legally do that? Has this happened before? My, how things can turn on a dime, last week I was buying with abandon, got all I wanted going through Scottrade, never tried Ameritrade. I have a friend who said he bought silver contracts, then silver started going up during a crisis. He said he had brokers calling him, trying to get him to give up his contracts, he said they got really rough. He was sure they were short big time! If e-turd broker gets desparate, can they borrow shares, then what if you wanted to sell? If this thing keeps going up, can you imagine the pain? I love it!
How about it guys, lets have a share count here. We can see how many free trading shares are held tightly and estimate how many shares are short?
LDC......350,000 or .538% of float
I was working on getting an even 500,000. Thats ok, why get greedy?
Thanks for the correction banchrima, wishful thinking on my part I reckon.
More winter storms for the Northeast, maybe gas/oil goes higher?
Did I mention I like the company name...Regions, kind of ties things together. Hemi....Hmmmmm...isn't that an engine or half of something?
This is Regions structure from TA
OS= 167,693,645
free/float= 65,341,339
restricted= 102,352,306
authorized= 200,000,000
share price 2/9/07 .37
This is Hemi structure from I-hub board
Authorized 100,000,000
Outstanding 38,000,000
144 Restr. 22,000,000
In Float 16,000,000
Share price 2/9/07 .085
I did a little reading over at the Hemi board. One poster seemed to have a holier than thou attitude towards RGNO. He said Hemi is a keeper, RGNO is a trading stock. I say their isn't that much difference in the two companies. Their basic strategy is the same, take abandoned wells that still have large reserves and rework them. On the Hemi board they are really excited about their prospects, several dollars per share. I must admit, Hemi was right under my nose and didn't know it, but I think RGNO has the same potential, maybe more. They are both non-reporting companies, so it boils down to management, who do you have faith in. I think our guys can smell oil a mile away so, I think I'll leave my RGNO chips on the table if you please.
ps. Risk Capital Management did a stock promo on Hemi Oil when the price was .07, they put a price targe of $7 to $10 per share. How many shares did they get for their services, so has their share structure changed from what I posted above? Imagine if you will what our shares would do with some promoting. I would like to hear some news from the company this week, and if there are shorts still trying to cover...Katy bar the door!
All you have to do if your boat is fully loaded is to hang on to these coat tails.
Jerry Griggs, President
David Morrow, Vice President
Robert Rohlfing, VP Drilling
Greg Dartez, Secretary \ Treasurer
Mr. Griggs has over 15 years in the oil and gas business. Mr. Griggs owned and operated his own Oil and Gas business for over 7 years. He had 7 full time employees. For the last two years he was employed by Texakoma Oil and Gas Co. where he maintained his series 22 and series 63 security license.
Mr. Morrow is currently a Vice-President of Blue Star Telecommunications of Plano, Texas and a co-owner of two wholesale beer distributors located in Fort Stockton and Midland\Odessa, Texas. Mr. Morrow is also a controlling shareholder of the company, owning 25% of the issued and outstanding common shares of the company.
Robert Rohlfing was Vice-President Dusty Mac Oil & Gas, a publicly traded company who's focus was drilling wildcat exploratory wells in Arizona, California, New Mexico and South Texas. Sr. VP in charge of exploration for Alaska and Southeast Asia. Led negations with Vietnamese Government in 94 & 95 for PSA and led geologic expeditions on mainland and the South China Sea.
Greg Dartez held a position at Cisco Systems. Greg was in the Advanced Services group involved with the certification, alpha and beta testing of Cisco’s Voice over IP solution. Greg successfully planned, designed, and deployed over 65,000 IP phones, 120,000 voice mail ports, and hundreds of call centre agents in his 5 year tenure with Cisco. Along with the duties of Secretary and Treasurer to the corporation, Mr. Dartez will be responsible for the day to day operations of Regions Oil and Gas and their corporate office. This will include ensuring NASD compliance.
These guys know how to make money, and make money they will. Along with us of course. I say we see fifteen to twenty cents Monday, thirty cents before the week is out. Enjoy the ride!!!
I still don't show any Soma Petroleum in my ameri-terd account, shows three lines, 3000 per line, but doesn't show what it is and all zero's. Are we still fighting with the dtc, transfer agent, or brokers. Why can't the CEO get on the stick with this and force them to get us our shares into the accounts. There is definately something fishy going on here. I bought RNGO just recently, theres a major short squeeze going on there because the brokers can't find enough shares to cover. I think the same thing is going on here, not enough EQBM legitimate shares to cover the dividend and warrants. We need to get all over our brokers and make some threats if the CEO won't help. This is crap, why are we trading sub penny?
I see why you are angry, you had x number of FCNK to be converted to tradable shares in your account. RGNO started trading in october at $3. How much was the price of the shell FCNK before the R/M? Thanks for all your helpful information, looking forward to Monday. Think I will put in some outlandish offers, though I heard someone hear say Scottrade weren't allowing any internet trades, only through a broker. Does anyone have the link to otc pics? Thanks for your informative posts makesumgravy, I thought I knew quite well how things worked, honest and above board so I thought, now I'm getting an education. Oh, one final question, why did the shares of RGNO fall off the cliff after their debut, was it naked shorting? If so, by whom?
Board is sure quiet for the day after a breakout.
Thanks for explaining makesumgravy, I think I have a clear picture of what is going on. I was out of the office all day Friday so I couldn't watch what was going on. It would have been fun to watch the action live. I'm going to retire (refresh) in a couple of months. I wasn't planning on this windfall but I'll take it. I'm contemplating taking Monday off just to watch the action. Any price predictions? This kind of run on a Friday with no news, maybe carries over Monday. I was looking at a similiar company as RGNO, Hemi oil awhile back because it was a local outfit, but caught it too late, however it was under a dime when I found it, now its .30. One would think that RGNO is worth at least .30 to .40 easy.
Unbelievable, I about fell out of my chair when I got back to the office this evening. Its been a long time since I made gravy like this in one day, $21,000 gain. Explain how this works....it was said that the mm's have to convert the shells stock into RGNO stock, and maybe there is not enough of RGNO shares to swap? If everyone is reporting their shares showing up in their accounts, is the short squeeze over, or is there more upside to come. I crack up everytime is see your little pirate, makesumgravy, he's one ugly dude.
Thanks Mojo. The volume is drying up, maybe nite is out of ammo finally. Looks like I took care of almost half the volume yesterday. Would be nice to see us move up from here, those low bids are a little scary imo, but maybe thats a tactic nite is using.
Hello all, picked up another 90K today, they filled the first 35k right off the bat, two buys, one at .023 and one at .024, kept my bid at .025. The bid/ask shot up after my fills. Later on in the day I got 55k at .025. Oh boy, what to do, I have 350K now! Hope we all get lucky on this one, I feel pretty good about it. Have enough tied up in this thing, I will have to make the trip south to Beggs one of these days, maybe when they complete a couple more wells. GLTA
"But the man doesn't know he's A/S and O/S" ...
Looks like its either...
1. He doesn't care
2. He doesn't know whats going on
3. He isn't telling the truth
None of these too pretty, or theres another logical explanation I can't come up with. He's starting off on the wrong foot with new shareholders imo.
Thats quite a discrepancy, 10 to 15 versus 168. I think the CEO should be red faced over this, not knowing how many shares are outstanding in his own company. I thought he was going to be open and honest with shareholders, keeping investors informed. He needs to come clean, even an unaudited financial statement would be bettr than nothing. Having said that, I bought another 100K today, brings me to 250K. Sounded kind of fishy that I would own approximately 2% of the float. We ought to have a share count on this board alone, probably over 5 Million.
"Things are beginning to shape up piece by piece imo"
Couldn't agree more neilhk, I think RGNO will be a big winner, wish I had some more coin, I'd being buying more at these levels.
I missed out on HMGP, and here I live only an hour from some of their wells in Woodson County. When I stumbled onto this one I jumped in quick, too quick actually. I bought 20K at .04 then another 30K at .035. On Thursday I got lucky and got 110K at .026. Like I said before, I live in S.E. Kansas, maybe I'll drive to Beggs to see the well for myself. I'm also in EQBM, am hoping it runs before this one so I can buy more. Haven't heard any stories on Natural gas going up, thought it would with this cold weather in the Plains states...BRRRRR!
Look at HMGP (Hemi Engery Group) over .20, if you want to know where we're headed. It looks similiar to Regions. Actually I wish we would stay around 3 cents for awhile, I'm not done accumulating.
FWIW, I bought some RGNO on Thursday and Friday, Thursday at .04 and put in a premarket bid of .0375 on Friday and they gave them up at .035 at the open. Not a whole lot of shares, only 50K, wish I had more, but am out of cash. I bought EQBM earlier in the week. Looks like both of these may run this week. I like this play better. Oil will go back up for sure to 70 or 80 bbl for sure with all the uncertainty in the world. Another reason I like this one, I live in Southeastern Kansas, a nice day trip away from Beggs Oklahoma. If things heat up as I think they will, I can pay a visit to their office if you think that a good idea.
Bought more today. Got 80K early at .0075 between the bid/ask, then this afternoon bought 120K at .0065 probably at the ask. Just watching the trading the past week makes me think we might be ready for a breakout. Just a gut feeling.
FWIW, TD Ameritrade has the right amount of shares for the Dividend, but has N/A for symbol, no other information.
New to the board
Bought a month ago, before the last runup, right now I'm even steven. I just checked my td ameritrade account, they show 3000 shares under positions, but there is no information to say what it is, there is all goose eggs under each heading. It has to be the dividend, I have 150,000 shares of EQBM. The trick for me is how to sell them when the time comes. Will I have to open another brokerage account? I'm going to call Wednesday and see if they can tell me anything. Been lurking here for quite awhile, just now decided to chime in.
LDC