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Picked up 15K at .11 bidding more, I really feel that at this price its a steal with market cap of 4 million bucks, and the CEO has a great track record, no game played, never late on filings, etc. This just needs more time. Share structure continues to be excellent with majority held by CEO and partner restricted
Market Cap Market Cap
4,247,283
05/15/2023
Authorized Shares
1,000,000,000
05/15/2023
Outstanding Shares
38,263,813
05/15/2023
Restricted
29,444,232
05/15/2023
Unrestricted
8,819,581
05/15/2023
yeah and you think that accommodating "a 2 million barrel tanker" wont need infrastructure like a pipeline to take all of that oil away? That's Mirage! It's so clear but many dont see it, we're among the few. I've yet to actually find a picture of the pipeline at any point on the route, if anyone is savvy enough to do so using google maps or otherwise, I'd love to see. I thought I nailed it at one point in the Pemex lagoon in Coatzacolcos but I Michael pointed out I was wrong.
Lets see how this weeks trip goes starting tomorrow. In the meantime I'd really like to see Mirage status changed to Pink Limited and ultimately Pink Current. Keep a vigilant eye on OTC Markets
Picked up another 500K as it still helps bring the average down, but I have to admit I am starting to get concerned.
Continuing to take profits here btw 7.5 and 8 cents. Could it go higher, could it go to the moon, SURE IT COULD. But the markets are a game of percentages and it could as easily fall back to the 4s or lower, I have seen and been a part of that a million times. As I mentioned I would buy in increasing volume from the 4 on downward if it chooses to take that path, nobody knows what path it will take, but we know its up 15x from the bottom right now and that does not come by every day.
theres always reasons for people to sell but with two trades today its meaningless information to base conclusions on
Im sad that they are getting rid of healthcare business, after all the time and effort they are saying that its too hard to be profitable. I mean a lot a lot of work went into it. I just hope the remaining business can be successful which it sounds like they are building on from the podcast.
"bit" is such an understatement.
thanks my man, it has been a ton of hard work for this ticker over maybe 5 years now, as it changed business model in between. Plenty of more money to make here with the right entry and exit points in my opinion, not easy of course, it never is.
Yes, recall I mentioned that on the initial post that Mirage filed that it was a quarterly and not a yearly, then you pointed out it was actually a yearly but mislabeled, and now they (Mirage) cleaned it up with a proper name, but as you say the content is exactly the same (I checked). I wonder if that was a kickback from OTC Markets or one of us told Mirage.
Anyway, now as far as OTC Markets "checking" these uploaded filings to make sure they are legit, here is their reply when I asked them to what degree they check and what they look for if anything:
"We are not obligated to discuss our internal processes & procedures with anyone outside of our company. "
Lots of Laughs, these people are so damned secretive. I will say their online resources if you dig deep enough are not bad and you can piece some things together. But getting info out of them sometimes is like getting blood from a stone.
Anyway, as we've discussed here, the goal for the time being is Pink Limited (no Lawyer opinion letter required) that will allow trading, and ultimately Pink Current with Lawyer opinion
Gentlemen grease your engines. ("start" will come soon)
Holding just shy of 9 million shares I own 1% of the company outstanding shares, woo-hoo.
But seriously, I hope they can report something really positive in tomorrows podcast. I want to know if the dilution is done from a month+ ago.
I am starting to wonder is it really worth it to divide the company up and I say that more from a cost perspective. If we have no money, and that seems to be a fact, then trying to do this endeavor at this time may not be the wisest, maybe wait a year, whats more important, satisfying some market of investors or building the business and remaining complaint, I would say the latter for now
good for you, I sold probably two thirds of my position today, I didnt sell enough, I sold too early, you name it, but wow, patience does pay off. I think reloading at .045 and below is good
well hope that we are now off to the races. Those shares at half a penny sure look good now.
Certain things we'll never know the answers to until the very end, and this is likely one of them, and even then there may be things we never know. I can live with that.
Right assuming that that is an "automatic" process that once they review filings it just moves forward into Pink Limited, it will be interesting to see how that plays out for sure, we'll need to follow daily the placards.
Maybe you're right, though in this case I dont think so, this is not his strength, clearly, and we know that, we should come to expect it. But we did get all filings up in a day, that in itself was a miracle of sorts you have to admit.
Looks like visit to Mexico is next week. In the meantime if you notice there is no attorney letter listed under the OTC Disclosure for Mirage, so that needs to be done to achieve Pink Current (I had not noticed that earlier but if you look at the requirements you'll see that). Also with regards to a market maker I am not sure on that but I am told its been or will be taken care of but there's no way to "see that". I would say chill for now
At this point honestly I dont care about the value, all I care about is a deal, hopefully on all the projects. The market will take care of valuing it for us and we have no control over that. No deal, then we all agree, its worth little (a few pennies) but we always have to keep in mind it's Mexico, we could get nothing for now and it could resurrect in a year or next administration or who knows when, nothing is guaranteed. But I am really hoping for now.
I wouldnt say that at all, I mean, any company trying to do such a deal will have to finance it 100%, no smallcap has that kind of money. So yes Mirage may be trying to or planning that, but not necessarily at the present time depending on the the financing and what kind of deal is done.
BUT I would fully expect the company to be sold at one point regardless.as a clean exit strategy for the CEO, I think you could almost bank on that.
on 1500 dollars worth of stock, thats pathetic. And the "rate of change" measurement is greater than twice the next listed stock. Say what?
THAT IS A RECKLESS COMMENT AND COMPLETELY UNTRUE
The guy is friggin broke man. Oh wait, that's the point, he burned through all the money he made in the last run-up and is looking to repeat, sorry you're right.
I dont think theres any value there, if I did I would consider it but we know everything we need to know at this point. We just need to execute a deal, if not this week then next or whenever Mexico decides to stop stalling but we are running out of time for this administration to be able to take credit for projects. But I suspect news will line up with trading. Patience just a little bit longer in my opinion.
read through all the posts to get a potential idea, there are unknowns partially dependent on OTC Markets and FINRA, we just have to wait.
you mean 4/20/2023, yes its very valid, its one of our three projects (for those that are unaware I realize you are).
It's Mirage #2 (see any filing or press release or Board Intro)
Mirage 2 - 48-inch Pipeline Rehabilitation (natural gas)
Pipeline running from Reynosa, Mexico to Nuevo
Just a reminder that since Mirage is no longer SEC reporting but using OTC Alternative Reporting Standard, there is no such thing as an 8-K but rather major news would need to go through the OTC Disclosure and News, same link as the filings:
https://www.otcmarkets.com/stock/MRGE/disclosure
A next touchpoint to look for would be movement from Expert Market to Pink Current after which the brokerages would open up for trading.
hey juancy so nice to see you back. Those are due in mid-June since quarterly end is April 30th
Just as a reminder, Mirage has no toxic or convertible debt:
"As of January 31, 2023, all convertible debt by the Company has been converted to common stock"
and I dont know if the following still applies or is just dead info ...
"The Company committed to eighteen (18) months of Acquisition of Pipeline Rights of Way to Marcos y Asociados with a total amount of $77,844 which was due April 15, 2018 and not paid as of January 31, 2023. Interest will continue accruing after April 30, 2022 until it is paid."
Also here is notes on those gifted shares that used to be talked about here.
"In March 2021, the CEO gifted four individuals 5,000,000 of his personal shares of the Company. These shares have been accounted for as if they were returned to the company by the CEO and reissued by the Company to the individuals at their fair value of $1,900,000"
Company had 600 bucks on hand as of end of January, is that even possible, oh my goodness, talking about living hand to foot or however that expression goes.
"As of January 31, 2023, Mirage Energy Corporation had $ 603 in cash on hand"
The dream remains alive.
10/2021 & 1/2022 Quarterlies posted - we're done
They show up titled as: "Quarterly Report - DISCLOSURE STATEMENTS" which is the same as a quarterly report.
10/31/2021: https://www.otcmarkets.com/otcapi/company/financial-report/369342/content
1/31/2022: https://www.otcmarkets.com/otcapi/company/financial-report/369343/content
So we are now completely caught up in the matter of a single day.
Lets see when we are able to trade, as I mentioned in a previous post last week, I was anticipating about a week and it's not completely clear exactly what needs to take place to allow for that, but I do believe OTC Markets needs to do a review of the documents and they may kick any back based on any number of criteria including typos. For instance I see one of them doesnt have a signature date, not sure how closely they look at these.
Corrected link for Pink Current and Limited Tiers Guidelines
https://www.otcmarkets.com/files/OTCPinkGuidelines.docx
Sorry I posted the wrong link which I also incorrectly posted back in this post as well, nobody pointed it out at the time:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171844279
OK so thanks Macod just pointed out to me, that that 7/2022 report is ACTUALLY A YEARLY REPORT, even though in the OTC portal is shows up as a QUARTERLY report which was an oversight in how it was marked when submitting in the portal.
So we are short the two oldest quarterlies, but its also possible that currently we qualify as Pink Current per their guidelines:
https://www.otcmarkets.com/files/Disclosure_Guidelines_for_Bank_Reporting_Companies.docx
Upload Initial Disclosure: Upload the following documents through OTCIQ:
• All Quarterly Reports for Current Fiscal Year – must include Disclosure Statement and Financial Reports listed below
• Annual Report for Most Recently Completed Fiscal Year– must include Disclosure Statement and Financial Reports listed below
• Annual Report for Prior Completed Fiscal Year – must include Financial Reports listed below <=== that would be the SEC 10-K ending 7/2021 which was filed
Go thru the list of private placement folks in the fillings it’s the who’s who of dreamers
MIRAGE HAS FILED I DONT BELIEVE IT !!!!! Wow Wow Wow
4 filings are now posted on OTC Markets.
GAME OVER
https://www.otcmarkets.com/stock/MRGE/disclosure
https://www.otcmarkets.com/otcapi/company/financial-report/369267/content
https://www.otcmarkets.com/otcapi/company/financial-report/369269/content
https://www.otcmarkets.com/otcapi/company/financial-report/369271/content
https://www.otcmarkets.com/otcapi/company/financial-report/369272/content
We just need period ending 10/2021 and 1/2022, the 4 above that are posted follow those two.
It appears that instead of a yearly report for month ending 7/2022, they did a quarterly instead, need to understand that better
4/2023 would not yet be due until mid June
I hope people are picking up their shares, as announced today a REG A will be going into effect
https://www.otcmarkets.com/stock/CRTL/news/Cartel-Blue-Inc-Reports-Intent-to-File-Reg-A?id=399615
Also we are waiting on the latest financials that should confirm some solid revenues.
Cartel Blue, Inc. Reports Intent to File Reg A
Laguna Niguel, California--(Newsfile Corp. - May 8, 2023) - Cartel Blue, Inc. (OTC Pink: CRTL), a Nevada corporation, and manufacturer of Hemp Cigars, and THC Products and branded accessories, reported it is preparing a Tier 1 offering under Regulation A, and will commence the sale of 250,000,000 shares of its common stock under the offering after the registration statement is declared effective by the United States Securities and Exchange Commission (the "SEC"). Cartel Blue's Common Stock currently trades on the OTC Exchange OTC Market's Pinks under the symbol "CRTL".
About Cartel Blue, Inc.
The Company manufactures and distributes hemp consumable products, including branded cigars and cigarillos, 0.3 THC (psychoactive compound delta-9-tetrahydrocannabinol) Edible Gummies, CBD oil products, vape pens and branded accessories ("products") from its Fort Lauderdale facility.
This Regulation A offering raises funds for Cartel's business expansion needs to meet the growth in demand for its branded products, and the Company's secured new contracts with national convenience store chains and liquor stores in Southern California during the previous two quarters. Cartel also expanded its product offerings, and began distribution through its affiliate, Distributolgov.com, including supply of 0.3 THC (psychoactive compound delta-9-tetrahydrocannabinol) products (https://finance.yahoo.com/news/cartel-blue-inc-reports-increased-082000005.html).
Cartel plans to expand distribution of certain retail products, now legal in all 50 States after an 85-year ban, made possible when the 2018 Farm Bill was signed into law on December 20, 2018, which legalized industrial hemp not exceeding .03 THC dry weight federally.
Reg A - Intended Use of Proceeds
Cartel Blue, Inc.'s CEO, Philip Moreb, oversees daily operations, and confirmed the Company plans to use the proceeds of the Tier 1 offering to expand its manufacturing capacity for wider distribution in the U.S. market, with the build out of two (2) 10,000 Sq. Ft. hydroponic indoor grow centers located in Palm Desert, California and at its existing Fort Lauderdale, Florida location, for cultivation of high-grade organic hemp (https://cartelscigars.com/wp-content/uploads/2022/08/updated-file-r66-new-1661309494-1661360351.pdf). These facilities will supply hemp for manufacture of Cartel Blue's branded products, and will also be sold to wholesalers as a secondary market. Each facility will consist of manufacturing suites, equipment, packaging, labeling equipment and distribution center. The facilities will also support extraction of CBD oil (dissolute extraction) for its CBD oil Products. The Company expects expanded facilities to produce 300,000 units of cigar products per month.
THAT IS A RECKLESS COMMENT AND COMPLETELY UNTRUE
I am hearing Monday or Tuesday for filings, remember we owe 1 yearly and 5 quarterlies. So given that our timeframes are always off, maybe by end of week? Then trading a week later? Ward headed down to Mexico next week as well, hopefully we can make progress on and/or close on something, I'll take anything, I'm sure I speak for just about anyone that has been stuck in the stock.
In fact all I want right now is one filing to show we are alive, everything else I would expect would follow from that, yeah my bar is low.
thats fine but I already answered for the board, they can read my response from last night, its not rocket science, nothings changed.
Actually I take part of that back, sometimes it does feel like rocket science
Did I not just attempt to answer your question in an extended reply yesterday? Nothing has changed since I replied, I dont have a crystal ball. I am doing my best based on what I read online.
Yes they are definitely using someone else versus those crooks, and I just figured out who that is based on your reply that motivated me to do a Skoogle search, its amazing what a first name can lead to. Very experienced and specializes in OTC Pink sheet companies which is what we were told. Woo-hoo!
So how much would it cost Mirage to do Alternative Reporting Standard?
According to the following:
https://www.otcmarkets.com/corporate-services/fee-schedule
they would need "OTC Disclosure & News Service" for a yearly fee of $5,760 + initial application fee of $2500 = $8260 and $5760 per year going forward.
Note that to even have a profile, its $3000 via a subscription to the OTCIQ portal.
So what does this tell us? Well we know Mirage is not spending $3K to just have a profile, it's not money they have, and doesnt get them anything useful. So we can assume then to get the verified profile, they must have chosen the "OTC Disclosure Service" which would enable to them to file.
Just putting two and two together.