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Somebody needs to step into that open spot of .0295 and park it and perhaps get some shares. That is my own opinions and thoughts, due your own DD.
Also, when I had talked to Jerry some how we got talking about wells and to some effect I said you RGNO only do Vertical wells. His response was quick to say I never said that. I really like the horizontal wells when it's shallow and in certain plays. If a horizontal well is in the near future, I would be very pleased. This is all my own thoughts and opinions, due your DD.
Now that RGNO is averaging over 3 mill per day in volume. Where are the shares coming from because nobody would be able to make a profit from .028 to .03 unless you had several million shares and then your profit would be eaten up by the trade costs, capital gains and such. Because on 1,000,000 shares and it moves up .002 you get $2,000 not bad I guess. That's putting up about 30,000 in cash. I just want to know who is holding this stock down. It cann't be all flippers. Because most flippers and traders don't have that kind of cash since you cann't margin this stock. Some people are going to say accumulation. But where are the shares coming from? Only app. 65 mill shares outstanding correct? This is just another example of why I think RGNO is being shorted. To break this cycle I believe that RGNO needs timely PR which will cause volume and this will run the shorts out. Texas PR is needed. The stars are bright, big at night, deep in the heart of texas. This is all my own opinions and thoughts, due your own DD.
One more thing if E-Trade is on the bid and ask it makes you wonder who is short?
Did that 400,000 buy move NITE?
Just found out I have to go to Houston today, I will be back Tuesday. I hope I don't miss the PR. Yes, I was told that PR would be released very soon. I was hoping that it would have been released before the Holiday. That way I would have something in hand to talk about. This is all my own opinions and thoughts, due your own DD.
If RGNO holds today or even moves up this should indicate a upward trend. This is all my opinion and thoughts, due your own DD. I do wish that the PR would come out.
I am thinking in a positive way that the PR will be out tonight or by morning.
What other company can anyone the CEO and ask questions?
I've never had a problem about how many times I trade in a day. It's just am I making money on that trade. I had several stocks on NAS that I could trade everyday and made money. Now, I'm doing something different and I'm backing up the truck to see if I can get a 10 bagger. I want to be able to say I was there. Nobody knows what this stock is going to do otherwise we would have put the house on it. My bet is we get a run if we get timely PR and notification of more information about TX. I think it will be nice to have a working website but I think more info about TX is more important. Yes, there is production in OK but what about TX or Lousiana? Is RGNO only in OK, I don't think so. This is all my own opinions and thoughts, due your own DD.
One more thing, you can call the CEO and talk to him. How many companies can you do that with?
Needed, just one PR from RGNO! I was really hoping this week. To let people talk about it over the long Holiday Weekend to other people! Not pumping just letting them know about RGNO.
We need follow through. Someone needs to just move up to the .03 position and sit it there and perhaps pick up a few shares.
Dang, they heard me!
Did NITE move out of the way?
I wish Jerry would release it right NOW! I'm sure RGNO has their own time line on what is best for the company.
Yes, good to see large buy blocks. But, it could be e-trade is shorting now. We need more buying to push E-trade and NITE out of the way. Once that happens should be moving up. I think we are close. I hope Jerry is watching and will release the PR very, very, very soon! This is all my opinions and thoughts, due your own DD.
Strongus, around what stock range do you think RGNO should be trading? What was Jerry's thinking on this. Don't just say he thought he was way undervalued. How much undervalued? We're out of here in alittle bit for the vacation. Why would anyone be selling when there will be a PR very, very soon? I don't get it. I realize the rest of the week will be slow for the market, not just for RGNO. Oil and Gas are still on a upward trend. Good luck to all. This is all my opinions and thoughts, due your own DD.
The production numbers and update of leases and wells. Forget reserves on this company for now. I want to know what is coming out of the ground and how much we are getting paid for it. I firmly believe RGNO has more than one well producing. Texas is a whole other can of whoop a$$. If we get updated on that, I think everyone will be shocked. This is all my own opinions and thoughts, due your own DD.
Pizzaman, Call Jerry today. We we can hold today and tomorrow we will move up. See, if you can get a answere from Jerry what price he believes this stock should be trading at. This is all my own opininons and thoughts, due your own DD.
With this weekend coming up and Memorial Day look for it to be a bit slow. I'll be trying to buy on dips. I still say a PR is very near!
Yesterday, I talked to Jerry. Very interesting and alot of I cann't answere that. Be patient and such. I asked alot of questions and he was patient and very upbeat.
Ultimate if your really serious about a good oil and gas lawyer I've got a couple that are great in Tulsa, Ok. They have helped out a lot and they have a great rep and great experience. Here could be a problem is do they want it?
Ultimate, just call Jerry the CEO and leave the message he will call you back. Tell him you'll take him out for lunch, if he's in town I bet he would go. I expect a PR this week. This is all my own opinions and thoughts,due your own DD.
I think RGNO is trying to buy more leases and he doesn't want people calling those MR or surface owners cuz they will jack the price up if more than one person appears interested. I think once the frac and or fracs are done there will be production numbers PR. I think there are several wells and with Jerry looking to expand his leases, it sounds like he knows something. Perhaps, like where the play is going. Here's another reason why the MM"s could appear to disrespect this stock, is he didn't play ball with them. Doesn't everyone want something for nothing or along those lines if you scratch my back I will scratch yours( I really don't know). I see this stock heading higher. Who see's Oil or NG moving down anytime soon? Everytime I have talked to Jerry he is upbeat and he appears to love what he is doing. This is all my own thoughts and opinions, due your own DD.
DFD did you see what the shorts did to ZYTO or ZYTC.PK Took them from over $5 down under $2 in about 2 days. This is what the shorts can do to you in a very short time. You can erase this after reading. It just shows you what can happen and why we need RGNO to Nasdaq like Jerry wants!
The company put out a statement and a NOBO is going to be done. ZYTO Corp. Issues Statement Regarding Stock Price
Friday May 18, 10:34 pm ET
Today it's up to $2.85 from below $2/share.
OREM, Utah--(BUSINESS WIRE)--ZYTO Corp. (Pink Sheets:ZYTC - News) C.E.O. Dr. Vaughn R Cook has issued the following statement:
ADVERTISEMENT
"Last week ZYTO's (tm) stock price fell precipitously. It appeared this was almost entirely due to short selling. Companies traded in the Pink Sheets are disadvantaged because firms who sell short are not required to report their short position and are not required to cover. Any requirement to the contrary is easily circumvented. This means companies like ZYTO are, to some degree, swimming unprotected with the sharks.
"Sales in May are strong, and we expect to set a new sales record for the company this month. ZYTO is expanding in every way and we remain a strong viable enterprise."
Selling short is a common practice. Investors can make money by selling today at the current price (selling short) and then buy it back after the price goes down (covering the short position). Stocks that sell in the pink sheets, like the ZYTC stock, are vulnerable to this practice because short positions are not reported.
This allow brokerages to essentially carry a large short position indefinitely, without ever paying for it. It means a brokerage can sell short, not report it, and never have to pay for that short position.
"We were attacked by shorters. We have dealt with shorters all along, but recently they became more aggressive when they saw our stock above $5, which was like blood in the water for sharks," said Cook.
The company began a new marketing effort in January, which involves a strategic alliance with key nutriceutical companies, referred to by ZYTO as SAM's (Strategic Alliance Members). ZYTO offers the healthcare professionals who are customers of the SAMs the opportunity to receive, be trained on, and evaluate ZYTO technology for a 30-day period, free of any charge or obligation to purchase.
"We found that most practitioners who take advantage of the SAM opportunity discover that our technology is an indispensable addition to their practice," explained Cook. The marketing strategy has proven to be very successful and is bring a rapid increase in sales that has doubled the size of the company.
Cook has received a patent pending on the technology that enables computers and human bodies to communicate. Cook has owned and operated healthcare facilities, specializing in holistic health. This clinical background has allowed him to develop equipment from the perspective of a practicing health care professional, which combined with an extensive background in business, has resulted in technology that is clinically effective and financially practical. He has developed two computer-based systems used by health professionals around the world.
The company maintains a web site at http://www.ZYTO.com
About ZYTO Corp.
ZYTO Corp. was founded by Dr. Vaughn Cook, OMD. The company provides computerized bio-technology equipment and software with clinical applications that include obtaining information from the human body to assist healthcare practitioners to make better decisions.
Forward Looking Statement:
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports the Company may file.
Or other operators might be calling this people to see if they would sell to them. I think this means RGNO is doing something right and I think it's going to get harder to find more info on RGNO until he posts his PR's. I do see one coming out this week. This is all my own opinions and thoughts do your own DD.
I did talk to Jerry today. He was very positive and upbeat the whole conversation except when it came to people calling the neiboring properties. Now, they want more money. He firmly believes that the pps is way undervalued for now. A lot more stuff going on but cann't talk about it. Texas cann't talk about it. The Pipes have already been pulled and the Frac should occur very soon. That should Stimulate production. Big question where did the money come from to pull the pipes and have the cash for the Stimulation or Frac and Acidized the several wells? They have land and leases. They have Acidized several wells. Sounds like more than 1 well to me, what about you? I see a PR in the very near future. There was more and hopefully I will be talking to him soon. Any questions post them and I will try to get back
I think PR will be this week! Why would anyone be selling today? Just my own little thinking.
Cuppy, RGNO has moved up onto another floor. I think they needed space.
I think we all will be surprised, soon! I also think some are trying to keep this stock down for whatever reason. I feel like the Pizzabuster. Good luck to all.
I almost forgot to tell all, I had a long talk with Jerry. still waiting for the frac. and the well is ready, the pipes have all been pulled. Should happen real soon. Here is some more good news, there have been some wells that have been Acidized. He had alot of I cann't answere that. Whoever has been calling the neighbors to the leases, stop it. That is costing us the shareholders of RGNO. Thus boosting the price of what was going to be paid and what they want. I think we all will be very happy very soon. Who is selling here and just tell me why? This is all my own opinions and thoughts. Sounds like RGNO is moving on up in the Madison Building, perhaps needs a little more room? I will release more later, just want to tease for awhile.
Did you just talk to Jerry? Was that as in Eugene Rice? That well and I think he was the surface owner about the one that shows it tested at 23,000MCF per day.
We need the Texas PR this week. Then we will really gap up. I think NITE is trying to help E-trade. This is all my opinions and thoughts, due your own DD.
Moving up without any PR! Just wait till the PR! This is all my opinions and thoughts,due your own DD.
I think we are also forgetting that RGNO is DEBT FREE, that is what we have been told.
Thanks for your post on a hypothetical evaluation of RGNO. I'm repeating it here for late comers who may have missed. I hope this is OK with you. I believe your work on this is most valuable!
Posted by: Millenium323
In reply to: pizzabuster1 who wrote msg# 13554 Date:5/17/2007 11:18:30 PM
Post #of 13761
We know that Regions has one well producing for sure. The WD #1 well which was pr'd in January came in at 273 mcf/day. So lets assume that Regions doesnt drill another well the whole year. And lets calculate what Regions market cap and price would be on the basis of that one well using a price/sales ratio of 9.
273 mcf/day = $700,000 in revenues per year for Regions.
(273 mcf/day x $7.00 natural gas = $1911 revenues per day x 365 days = $697,000 in revenues from one well, so round up to $700,000)
$700,000 in revenues x 9 (price to sales ratio) = $6.3 million market cap for the one well based on a price/sales ratio of 9.
So based on a price to sales of ratio of 9, Regions should have a $6.3 million market cap based on the one 273 mcf/day well.
$6.3 million mkt cap divided by 165 million shares outstanding = a share price of .038.
So on the basis of the one well, the WD #1 well which came in at 273 mcf/day and using a price to sales ratio of 9 that would give RGNO a market cap of $6.3 million. Which would equate to a .038 share price for just the one well.
Right now we are at .025.
So we are being priced on the basis of one well and are undervauled using a price/sales ratio of 9 even if this is the only well that is drilled the rest of the year.
But what about the other wells? Those arent even priced in at all.
That would be my pitch. A price/sales ratio of 9 is a bit high but there are plenty of other small cap oil stocks with debt and no growth that are trading at that multiple.
And as far as we know, Regions has no debt and should grow rapidly. Not to mention the fact that they will have numerous other wells in production now and if not now by years end.
If the fractures on the Gua #2 work that could bring in 5 mmcf/day. That would be about $10 million in additional revenues per year. $10 million in revenues x 9 (price/sales) would give Regions a $90 million market cap or about .50 per share. But I dont want to get to far ahead of myself. That is hypothetical. But I can say with almost certainty that they will definitely have more producing wells than the WD #1 this year and probably do already.
Oilman need some help, I saw a report on the OCC very near one of leathernecks properties that came in a very large amount of gas. I just don't know if I should post. Since leathernecks appears to be the operator for RGNO. This is all my opinions and thoughts, due your own DD.
Everyone have a great weekend. Remember, drive alot so RGNO can make alot more money.
Perhaps, those were his shares I have been buying. Did anyone see any cock blocking today? LOL
Not e-turd but e-trade, sorry about the spelling error. I will correct it in my future writings and notations.
I think E-turd must be short alot of shares. Too much lately they have been trying to pressure this stock down. I don't think someone has that many shares to sell from one brokerage. This is all my opinions and thoughts, due your own DD. If I misspelled anyones names sorry, please correct me on the proper spelling.
Just something to think about. Are all of the wells on the Jenkins, Maddux and Young leases RGNO? Just remember that the operator either makes or breaks the well for the investors. In most wells the operator only gets a set fee and expenses when out on the well and how often he needs to tend to the well and such. If the operator is favorable to the interest owners that price could be as low as $200-$500/month or even lower. That leaves alot of ways for the interest owners to make money(RGNO). I'm looking forward to info from Texas! I think we should be hearing something soon, hopefully by next week. This is all my own opinions and thoughts, due your own DD. If any of this is wrong please correct me.
I think they don't know much about most of the stocks they can short. They do cuz they can and they make a boatload of dough. Speaking of dough where is Pizzabuster today? I was really hoping to have Jerry meet and greet some of my friends. I think he would come across really good. They will ask tough questions but that comes with him being the CEO. In other words they wont hold back their questions. I look forward to hearing something within a week or so concerning an update. I think something is going on in Texas. This is all my opinions and thoughts, due your own DD.
DFD, Yes