Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
some action today...and waiting on the 8k.
the word estimate is what I'm referring to. I agree that without the proper analysis, estimate doesn't equal proven. not sure how we get to proven, but if there is oil and it can be extracted profitably, that's what will matter.
Hard to imagine all that investment in Belize is for a PUMP...but lets see how it shakes out.
Long and hoping for a PPS north of the Jan high of .13!
GO TECO
The 6Mil barrel claim was probably stated interms of possible 6Mil. At this point many here would be happy to know that there is commercially viable oil to be extracted from Belize. I'm here for that reason, not because they stated they found 6Mil barrels.
You will be set up for disappointment if you make decision based on the 6Mil claim. Its clear from the photos and PR's that a complete analysis would be necessary to determine the exact amount of potential reserves.
Regardless, the situation becomes binary...is there oil or not? if YES, we will be happy shareholders...if NO, then we will be sad shareholders.
Its hard for me to imagine this is a pump and dump with the pps so low and low volatility...on the other hand the company maybe gambling on the wells,/leases and coming up short because they are small and or because they got it wrong. I don't know but I hope we get resolution soon...
GLTA
yeah, baby needs some new shoes and the dog needs a bone... feels like we are dead for a while, but we know the end game so better we get a good RM candidate, while suffering the wait.
I would be adding here if I could...but pretty strapped right now.
GLTA
More shares freed up by our buddy Bruce Gwynn.
10/15/12 Gwyn Bruce
Chief Executive Officer Planned Sale 250,000 -- – -- -- $8.8 K
What is interesting is the 10/15 date...why in the future, why not the date of the filing?
And the question of the day...can he sell those today or does he have to wait till the 15th?
Something is about to happen, one way or the other...call it black or red, over or under, 0 or 1, yes or no.
Sitting on several 100k shares...so need a little love mr reid!
Another planned sale. Just saw this from my broker
10/4/12 Sampognaro Gregyory
Affiliated Person Planned Sale 1,833,330 -- – -- -- value $64.9 K
Anyone got any ideas what is happening????
GO TECO
Bruce Lee LLC just filed to have another 7+ mill shares sold. Going back to march 2012, this would be a total of 22 million shares registered.
Anyone know what this means? Does it mean we are close to a positive announcement or a negative one?
GO TECO
creeping bid....GO TECO
Gosh that makes more sense. Still things might get exciting around here at some point in the future
GO VPRS!
the 10K says it all!
Looks like we will be a reverse merger candidate. And it looks like it will take some time. I do not understand all the details but if I read the 10k correctly management must wait 1 year to sell their stock after the RM happens. Also looks like they can issue about 300million shares to private entity...so that;s some dilution but it might not be a big deal if the private entity is worth it.
you have to wonder if biotech is on the horizon give the biotech background of the management team. and we still have "energy" focused investors who might unload some stock here and there as Energy is no longer a viable business...so somethings to keep an eye out for.
oh, I cannot believe i'm one of 9 shareholders...that really scary or exciting.
Welcome any comments from those who understand these Reverse Mergers.
GOVPRS!
Not sure if these forms are required to actually sell the stock but its important to know they have every reason to monetize those shares.
Still think this is and will be an oil company. China needs oil.
GOVPRS
saw this yesterday as well
50,000 DOLLARS on the bid (4.161 Million Shares) at .012
Now who would lay out that kind of dough on a company that has 3 employees and no revenues yet.
OMG, a $50,000 buyer on the bid...Man this sounds exciting
I do not have LEVEL 2, but I see that there is 4.5 mill shares on the bid. Now that must mean something is brewing...
GOVPRS
looks like some good volume coming in...Lets hope Management has something up their sleeves to monetize all those shares they have.
GO VPRS
I don't know. I've been here the entire time. The one thing we can hang our hat on is that Management has 15 million share grant at .02 and so one hast to believe they would like to monetize those shares.
I think the reverse merger hope into the China Pharma is nothing more then hope. But I do think they will monetize in the future. If you want an idea try TECO. Looks like they are moving from exploration to oil production
Looks like a little selling today, perhaps a margin call or a short seller...Management has too many shares at .02 for today's price action. stay long and strong!
GO VPRS
i see NHGI and VPRS do share the same offices in Pasadena, CA
Small Caps, how is Hybrid K connected to VPRS? I recall Chimerca group only. What is the extent of the litigation with NHGI? Can you explain.
Thanks
GoVPRS
The good news is....
That VPRS is holding up well. Although volume is light we are seeing PPS > .02
Feels like something is going to happen.
GO VPRS!
Man I'm counting on it. You know I'm negative right now. Got sucked into the hype of lung cancer drug blah blah blah...still though the big boys will want more then .02 pps I believe.
8k is out giving management 5m shares restricted at .02
why all of a sudden????
No doubt something will happen some day. Of note, I observe the following
1) no sub penny price as many predicted
2) No filings to indicate any kind of insider selling, including those that are large share holders
3) no speculative price swings. we've been between .015 and .02 for a long time now
4)Previous 10k/10Q indicate potential public offering, Not much can be raised on current PPS. If they raise money for operations, then look for a higher PPS
I've got a nice comfortable, large position and continue to wait it out one way or another.
GOVPRS
Daleb2130 - Great Chart. lets hope for some momo soon.
govprs!
I just checked and the 8k was filed on may 5th 2011, with the transaction taking place April 25th.
Delayed 10Q. Maybe some hints in there when they release it.
Good Luck to all LONGS!
govprs
Solid bid this AM at .0195 is interesting
The chinese guys will do something someday....in the meantime, if your not shy, then step up and buy!!!
GLTA
From CNBC re: China IPO's
http://www.cnbc.com/id/46650979
Maybe a clue of things to come.
GO VPRS!
Hi Wizkid...VPRS on the move today... I guess it is time to wake up. Will check out GDSM. Been following a bunch of penny stocks of late...crazy thing these penny's
GO VPRS!
Here's to Life!!!
GO VPRS
I hope Bull sends us a video of him/her covered in OIL!!!
I just picked up another 10k shares...I can't wait for Monday!
GO TECO and GO VPRS
Cool - are you saying there is naked short selling going on in TECO? any idea how many shares short and how many are naked (Phantom)? Im in another penny whom is rumored to have hundreds of millions in Naked Shorts way above the float, but this has been the case for years and no squeeze and no PPS above .10
GO TECO
See, Its hard to imagine them staying in O&G when not a single employee has any background in this industry
I suspect some form of merger/public offering to raise money will be necessary to generate the capital to build some sort of business.
THis is about as bad as it gets for now....
Wiz - Nada going on with VPRS. Dead money for now. But who knows what is next??? Something is bound to happen as was noted by the filings, they will probably do a public offering at some point. In the meantime, take a snooze.
Happy holidays to you and yours.
GOVPRS
sizeable buyer at .015 - looks like good support to me. GOVPRS!
OT: Testing
Thank you for clarifying.
are you saying form 4 will be filed cause you know those insiders are selling or only IF they chose to sell.
The volume still does not indicate any major selling of anykind.
Feels like year end tax selling.
GO
I agree with Bullion that they are waiting for something. Obviously we can speculate on what, but something some day will happen to VPRS and drive the PPS higher.
Its too bad we have no visibility into what happens next, just some clues from all the filings. I'm still hopeful there is some sort of public offering or other event that results in a sustainable business model.
I wish our PPS was back around .07 but I think if your a gambling person, dipping into the water at .02 looks very very interesting.
I'm holding for bigger things to come, whatever they might be. And might add some as funds permit.
GLTA