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The selling maybe coming from one or more of those old shareholders.
Martin you seem to know the history. I noticed they had a name and symbol change at one point. Was the previous name associated with an actual business or was this a public shell with no previous business that AIVI merged into?
AIVI Yosman I had an order in all day for 25,000 shares at .111. They filled 20,917. You must have gotten the rest of that 25,000.
Martin I dont have private Messaging.
I think there is a consistent seller or consistent sellers.
Dont have a clue about who it is because dont really know the history of the stock or stock issuance. Was this a public offering or a Reverse Merger?
If #s are correct than the seller or sellers really arnt important in the long run but who knows how much stock they have. They seem to keep hitting the bids a few times a day so maybe they are willing to knock it back to 5 cents. All just conjecture on my part.
Martin do you work for Sherwin Williams?
Paint at close.
I was that 25000 bid all day. Funny it says 25,000 traded there but I only got a fill for 20,917 and I am not high bid for the rest.
Actually looks like only 20917 shares filled.
2 seconds after I said that my bid for 25000 at .111 filled. There are 3 or 4 buyers and they are all here. There is 1 or 2 consistent sellers. Im up to 100,000 now.
Relax guys we should be placing orders around the bid not the ask.
There is no hurry here. If the #s are real and they keep working on USA PR than this will take care of itself over time.
PVG looks like it could be heading to $12. I will be buying there if it gets there.
Well its been going in the wrong direction for awhile. Did you ask him about the big seller?
Yes I agree but that's just the beginning.
I HOPE EVERYONE ON THIS BOARD SELLS. You guys are way to worried about day to day nonsense. If you are not willing to hold this at least a year to let things play out you are better off selling and taking a nap.
I forgot I want to buy more and have been posting positive things all day. I am changing my tune.
AIVI sucks. Who wants to buy a stock that will probably earn 50 cents this year with 3/4 of the year already banked. 15 cents is way to much to pay for 50 cents in earnings. Sell this POS immediately.
There that ought to help.
Ive got 75,000 and plan to continue accumulating.
AIVI is the single most undervalued stock on the planet as far as I can see. It really ought to be trading between $2-$4 if you put a low P/E on it. As they become more transparent I think we will head towards that valuation.
Why anyone would buy a stock selling for way less than 1 times earnings to flip for a few pennies is beyond me but after 40 years investing I have seen it all and more than once.
AMEN
That was my bid at .1136 that you upped. I represent that.
I have been accumulating and could care less about the short term. If everything is legit here and the company continues to advance this could be a couple dollars in a year. Thats what I look for. A couple penny move is for amateurs and the over hyper.
Picked up another 25000 shares this morning.
Coin I agree with you 100%. I only have a few small miners after going years having a really big gold stock portfolio. We need some panic selling before I start buying again. Maybe back to $1550 or lower. I also have my list ready.
Mart Resources, Inc.: UMU-9 Well Update- Initial Flow Test Res
ults ( Marketwire Canada )
B: Mart Resources, Inc.: UMU-9 Well Update- Initial Flow Test Results ( Marketwi
re Canada )
CALGARY, ALBERTA, Mar 15, 2012 (Marketwire via COMTEX) --
Mart Resources, Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") and its
co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege
field) and SunTrust Oil Company Limited (together "the Co-venturers") are
pleased to announce the initial flow rate test results for the UMU-9 well and
an update on February 2012 Umusadege field production.
UMU-9 Well Test Results
As previously announced, the UMU-9 well encountered gross hydrocarbon pay of
430 feet from nineteen oil sands and one gas sand. Five of the UMU-9 sands
have now been perforated and completed. The first extended flow test has been
conducted on the 46-foot thick XIV sand at a stabilized rate of 4,240 bopd.
During the test of the XIV sand, the well flowed 43.3 API gravity oil
through 3 1/2 inch tubing on a 32/64 inch choke at a flowing tubing pressure
of 480 psi. Basic sediment and water (BS&W) was 0.2 % with a gas/oil ratio of
approximately 90 standard cubic feet per barrel.
Three UMU-9 well tests remain including the co-mingled testing of the XIIIa
and XIIIb sands via the 3 1/2 inch tubing, followed by individual testing of
the XIIa and X sands via the 2 7/8 inch tubing.
Further updates will be provided on these remaining targeted sands once
testing has been completed and results are available.
February 2012 Production Update
Umusadege field production based on producing days during the month of
February averaged 11,229 bopd. Umusadege field downtime during the month was
approximately 6.5 days, primarily due to technical problems at third party
export pipeline facilities. The average oil delivered to export storage tanks
averaged 8,728 bopd.
Wade Cherwayko, CEO of Mart Resources stated: "Mart and its partners are
pleased and encouraged with the initial flow test results from the UMU-9 well
which demonstrate that the exceptional reservoir and oil quality of the
Umusadege field extend further than the area previously assigned, and we are
looking forward to receiving results from testing the remaining perforated
sands in the coming weeks."
Additional information regarding Mart is available on the Company's website
at www.martresources.com and under the Company's profile on SEDAR at
www.sedar.com.
INVESTOR RELATIONS:
Investors are also welcome to contact one of the following investor
relation's specialists for all corporate updates and investor inquiries:
FronTier Consulting Ltd.
Mart toll free # 1-888-875-7485
Attn: Sam Grier or Caleb Gilani
Email: inquiries@martresources.com
Except where expressly stated otherwise, all production figures set out in
this press release, including bopd, reflect gross Umusadege field production
rather than production attributable to Mart. Mart's share of total gross
production before taxes and royalties from the Umusadege field fluctuates
between 82.5% (before capital cost recovery) and 50% (after capital cost
recovery).
Forward Looking Statements and Risks
Certain statements contained in this press release constitute
"forward-looking statements" as such term is used in applicable Canadian and
US securities laws. Any statements that express or involve discussions with
respect to predictions, expectations, beliefs, plans, projections,
objectives, assumptions or future events or are not statements of historical
fact and should be viewed as "forward-looking statements". These statements
relate to analyses and other information that are based upon forecasts of
future results, estimates of amounts not yet determinable and assumptions of
management. Such forward looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of the Company to be materially different from
any future results, performance or achievements expressed or implied by such
forward-looking statements.
In particular, there is no assurance that the Company will be able to
successfully test the XIII(), XIII(b), XII(a) or X sands or commercially
produce, transport or sell oil from the UMU-9 well (or any one or more of the
sands identified by the UMU-9 well). Statements (express or implied)
concerning the allocation of export and pipeline capacity to the Umusadege
field from thir party pipeline owners, should be viewed as forward looking
statements.
There can be no assurance that such forward-looking statements will prove to
be accurate as actual results and future events could vary or differ
materially from those anticipated in such statements. Accordingly, readers
should no place undue reliance on forward-looking statements contained in
this news release. The forward-looking statements contained herein are
expressly qualified by this cautionary statement.
Forward-looking statements are made based on management's beliefs, estimates
and opinions on the date the statements are made and the Company undertakes
no obligation to update forward-looking statements and if these beliefs,
estimates and opinions or other circumstances should change, except as
required by applicable law.
SOURCE: Mart Resources, Inc.
Mart Resources, Inc. - London, England
Wade Cherwayko
+44 207 351 7937
Wade@martresources.com
Mart Resources, Inc.
Investor Relations
Toll Free: 1-888-875-7485
www.martresources.com
Copyright (C) 2012 Marketwire. All rights reserved.
*** end of story ***
Have you figured it out yet? A third party pays alot of money to put out a positive research report. Volumes increase 10-20 fold and yet the stock goes down almost every day.
The stock that is being dumped is part of the float.
Great new board member and stock is down 1 1/2 cents. Maybe if they get the Pope on the board the stock can stay even for that day. Something wrong here.
You guys feeling stupid yet?
Incredible buying. Stock up .001 cents. Should be at $1 in 2040. WOW
Yeh well it couldn't possibly be more obvious. Big expensive report paid for by third party. Lots of buying and every buy is met by a sell and more. Stock goes down. Do some DD and it will be obvious to you. If not get out of the market.
Its quite obvious that the report was put out to allow a big seller liquidity to sell alot of shares which they have done over the last several days.
Lots of buying and someone is just feeding out stock to the buyers. Not sure what to make of it.
Im a little shocked at the low volume here. I was high bid most of the week and didnt buy a share to add to my position.
MMT MAUXF continuing to act really well. Continual buying. Maybe dividend announcement soon?
Buffett is an investment genius but that doesn't mean he is right all the time. There is no one here that can criticize him when it comes to investing.
OK 60 cents earnings next year so the stock should be trading at about 40 cents. LOL
Anyone done enough DD on AIVI to have an gestimate for 4th quarter earnings and next years earnings???
I said it once and Ill say it again:
24 cent stock 35 cent earnings for 9 months
If everything is legit which it appears to be and Mgt can continue to execute well you get the picture.
20 cent stock with 35 cents earnings. No brainer.
Probably it is the China thing along with the Pink thing etc. I bought 50,000 shares today and will buy alot more if I get more comfortable.