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.
Sweet. Dont post much any more. Ive held just over 50K shares since Apr/May 05. All shares are free and clear now, due to the divy's. All in a Roth account so no tax issues (yeah). I'm holding for the long haul. Waiting for the jump to the Naz in the next year after we win in Texas. Then we really rock...Aggie..
Loaded again today @ .024....Aggie.
MKGP - Another profitable quarter.....
Thursday, November 29, 2007
Maverick Energy Group Announces Soaring Revenues and a Profit of $208,417 for Third Quarter of Fiscal 2007
TULSA, OK -- (MARKET WIRE) -- 11/29/07
Maverick Energy Group, LTD (PINKSHEETS: MKGP) is pleased to announce operating results for the third quarter of fiscal year 2007, ending September 30th. In the last quarter, Maverick reports a gross profit of $470,001.
Maverick's revenues for the three-month period rose dramatically to $6,437,405 for the third quarter of 2007 from $1,173,936 in the same three-month period of 2006, representing an over 500 percent increase in revenues in the third quarter year over year.
For the first nine months of 2007, Maverick reports revenues of $14,311,564, which is a major increase over the $2,108,525 the company reported in revenues for the same period in 2006.
"We continue to experience dramatic revenue growth quarter over quarter, year over year largely to the ramped up drilling operations we oversee with Z2 LLC. Because the margins on this work are not extremely large, our net profit has not grown anywhere near as fast as our revenues up to this point. However, now that Z2 has finally reached profitability and we can start booking a percentage of those profits along with profits we should see from our West Virginia wells, we anticipate that our net profit margin should start increasing beginning next quarter. These factors are solid indications that we are quickly moving in the right direction and should make it much harder for the investment community to ignore Maverick in the future," says Jim McCabe, CEO of Maverick Energy Group, LTD.
"As we recently announced, Gasrock Capital, LLC has increased its funding of the Z2 LLC drilling program from $40,000,000 to $75,000,000. This bodes very well for the Z2 partners and Maverick in particular since Maverick acts as the drilling operator for Z2 and the Big Foot field. Maverick recently completed its first 22-well workover program for Z2, LLC (Z2), as well as the drilling of 6 PUDs. Drilling operations in Big Foot and the revenues Maverick can expect to receive from them, as well as our growing operations in West Virginia, should continue to help drive our growth for the foreseeable future," continues McCabe.
About Maverick Energy Group, LTD
Maverick Energy Group LTD, based in Tulsa, OK, is engaged in the domestic exploration and production of crude oil and natural gas. Its management team has over 150 combined years of experience in the oil & gas and financial services industries. Maverick Energy is the Operator of the "Big Foot Field" in Texas, which was originally developed by Royal Dutch Shell (RDS-A). The Big Foot Field has approximately 310 production wells in the field, of which approximately 225 are presently revenue producing. Drilling operations in the Big Foot Field are being funded through a $40,000,000 Advancing Credit Facility which Z2, LLC closed with Gasrock Capital, LLC in August of 2006, amended to $75,000,000 in November of 2007. Maverick is also the part owner of several producing natural gas wells in West Virginia and owns additional natural gas leases in West Virginia. The President of Maverick also serves as Chief Financial Officer of Z2, LLC. For more information on Maverick Energy, please visit the company's website at: www.maverickenergygroup.com or www.pinksheets.com.
This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology; changes in laws and regulations, includes codes and standards, intellectual property rights, and tax matters; the uncertainty of the oil & gas market; including the geopolitical environment not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Tony Drake
Phoenix IR Associates
281-579-1602
phoenix-ir@earthlink.net
MKGP - Another profitable quarter............
Thursday, November 29, 2007
Maverick Energy Group Announces Soaring Revenues and a Profit of $208,417 for Third Quarter of Fiscal 2007
TULSA, OK -- (MARKET WIRE) -- 11/29/07
Maverick Energy Group, LTD (PINKSHEETS: MKGP) is pleased to announce operating results for the third quarter of fiscal year 2007, ending September 30th. In the last quarter, Maverick reports a gross profit of $470,001.
Maverick's revenues for the three-month period rose dramatically to $6,437,405 for the third quarter of 2007 from $1,173,936 in the same three-month period of 2006, representing an over 500 percent increase in revenues in the third quarter year over year.
For the first nine months of 2007, Maverick reports revenues of $14,311,564, which is a major increase over the $2,108,525 the company reported in revenues for the same period in 2006.
"We continue to experience dramatic revenue growth quarter over quarter, year over year largely to the ramped up drilling operations we oversee with Z2 LLC. Because the margins on this work are not extremely large, our net profit has not grown anywhere near as fast as our revenues up to this point. However, now that Z2 has finally reached profitability and we can start booking a percentage of those profits along with profits we should see from our West Virginia wells, we anticipate that our net profit margin should start increasing beginning next quarter. These factors are solid indications that we are quickly moving in the right direction and should make it much harder for the investment community to ignore Maverick in the future," says Jim McCabe, CEO of Maverick Energy Group, LTD.
"As we recently announced, Gasrock Capital, LLC has increased its funding of the Z2 LLC drilling program from $40,000,000 to $75,000,000. This bodes very well for the Z2 partners and Maverick in particular since Maverick acts as the drilling operator for Z2 and the Big Foot field. Maverick recently completed its first 22-well workover program for Z2, LLC (Z2), as well as the drilling of 6 PUDs. Drilling operations in Big Foot and the revenues Maverick can expect to receive from them, as well as our growing operations in West Virginia, should continue to help drive our growth for the foreseeable future," continues McCabe.
About Maverick Energy Group, LTD
Maverick Energy Group LTD, based in Tulsa, OK, is engaged in the domestic exploration and production of crude oil and natural gas. Its management team has over 150 combined years of experience in the oil & gas and financial services industries. Maverick Energy is the Operator of the "Big Foot Field" in Texas, which was originally developed by Royal Dutch Shell (RDS-A). The Big Foot Field has approximately 310 production wells in the field, of which approximately 225 are presently revenue producing. Drilling operations in the Big Foot Field are being funded through a $40,000,000 Advancing Credit Facility which Z2, LLC closed with Gasrock Capital, LLC in August of 2006, amended to $75,000,000 in November of 2007. Maverick is also the part owner of several producing natural gas wells in West Virginia and owns additional natural gas leases in West Virginia. The President of Maverick also serves as Chief Financial Officer of Z2, LLC. For more information on Maverick Energy, please visit the company's website at: www.maverickenergygroup.com or www.pinksheets.com.
This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology; changes in laws and regulations, includes codes and standards, intellectual property rights, and tax matters; the uncertainty of the oil & gas market; including the geopolitical environment not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Tony Drake
Phoenix IR Associates
281-579-1602
phoenix-ir@earthlink.net
FYI - Note the $20/Share reference....Aggie
Begins Preliminary Research Patriot Scientific
M2 "Press Wire "
M2 PressWIRE - December 11, 2007 - International Stock Targets has announced a "Strong Buy" recommendation along with a one-month and six-month price target for our newest "Stock Target". Please note that the following is an investment opinion issued by International Stock Targets. For full details on this equity visit the attached link and we highly recommend that all interested small-cap investors contact phone one of our representatives toll free 1 866 657 3334 to get access to our "small-cap" stock pick of the year. Patriot Scientific had a news release December 10th that caught our attention at International Stock Targets. We have therefore also added Patriot Scientific (OTCBB:PTSC) to our OTCBB Portfolio, their recent market activity has made them a possible candidate for a full analytical research report, to see a sample of our newest report view this link.
http://www.internationalstocktargets.com/December_2007_Target_Report.pdf
"Investors looking to get the edge on the markets are always encouraged to read our new reports, and to become a member to our wesbite to gather as much information as possible, click the link below and read why I believe our new small-cap gem could go from below $.50 to over $20.00 per share, and if that's not enough to convince you, speak to a representative of their IR firm at 1866 657 3334, you will not be disappointed." Stefen Gorgin CEO and Head Analyst International Stock Targets
Patriot Scientific shares were trading up over 10% in midday trading on volume nearly triple the average. This made for a well supported move intraday.
Patriot Scientific Corporation announced December 11th, that Alpine Electronics, Inc. has purchased a Moore Microprocessor Patent (MMP) Portfolio license. From its headquarters in Japan, Alpine is mainly engaged in the manufacture and sale of automobile audio, information and navigation systems for OEM and aftermarket channels worldwide.
This agreement is a wonderful recognition of the strength and broad scope of the MMP Portfolio," said Joe Minville, vice president of Licensing for Alliacense, Patriot Scientific's commercialization partner.
"Alpine is the fourth new licensee of our patented microprocessor technology in just eight days, and the 29th overall," added Patriot Scientific President and CEO Jim Turley. "We're delighted to add Alpine to the list of well-known licensees. The technology that was developed for our own products has now proven to be useful to other companies' innovations as well." The sweeping scope of electronics applications that use MMP design techniques continues to encourage manufacturers of end-user products from around the world to license the MMP technology. More than 25 global companies have purchased licenses including AMD, Intel, Hewlett Packard, Casio, Fujitsu, Sony, Nikon, Seiko Epson, Pentax, Olympus, Kenwood, Agilent, Lexmark, Schneider Electric, NEC Corporation, Funai Electric, SanDisk, Sharp Corporation, Nokia, Bull, LEGO, DMP Electronics, Denso Wave, Philips, TEAC, Daewoo Electronics and Lite-On IT.
About us:
International Stock Targets is a world renowned research firm, specializing in identifying undervalued growth companies and walking members through the life-cycle of an equity's most aggressive growth periods. IST has been honored the "Best International Research Team Award" three years in a row, and has been praised in many of the top publications globally and is recognized for their research, accuracy and professionalism.
Information contained in this release was extracted from publicly available sources deemed reliable. This document may contain forward-looking statements, particularly as related to the business plans of the Companies, within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor created by these sections. Actual results may differ materially from the Company's expectations and estimates. The companies mentioned in this publication have not approved the content or timing of the information being published unless otherwise noted. No investor should assume that reliance on the views, opinions or recommendations contained herein will produce profitable results. International Stock Targets may hold positions in securities mentioned herein, and may make purchases or sales in such securities featured on our web site or within our reports.
International Stock Targets may at some time effect transactions in the securities mentioned. Additional information is available upon request subject to duties of confidentiality. The report has been compiled for information purposes only and under no circumstances should be considered as a solicitation to buy or sell any securities or as investment advice. While the information contained herein has been obtained from sources we believe to be reliable, International Stock targets does not represent or warrant the accuracy or completeness of the report. Independent investment advice should be sought before relying on any research regarding a specific company. Risk factors and actual results may differ significantly from the information contained in the report. International Stock Targets have not received compensation for this coverage and is not affiliated with the Company mentioned in this report. Target Prices are based on our own proprietary methods and should not be considered as all-inclusive nor considered as price projections based on revenue or performance. We strongly advise seeking professional investment advice.
((Comments on this story may be sent to info@m2.com))
© 2007 M2 COMMUNICATIONS LTD
FYI - Note the $20/Share reference....Aggie
Begins Preliminary Research Patriot Scientific
M2 "Press Wire "
M2 PressWIRE - December 11, 2007 - International Stock Targets has announced a "Strong Buy" recommendation along with a one-month and six-month price target for our newest "Stock Target". Please note that the following is an investment opinion issued by International Stock Targets. For full details on this equity visit the attached link and we highly recommend that all interested small-cap investors contact phone one of our representatives toll free 1 866 657 3334 to get access to our "small-cap" stock pick of the year. Patriot Scientific had a news release December 10th that caught our attention at International Stock Targets. We have therefore also added Patriot Scientific (OTCBB:PTSC) to our OTCBB Portfolio, their recent market activity has made them a possible candidate for a full analytical research report, to see a sample of our newest report view this link.
http://www.internationalstocktargets.com/December_2007_Target_Report.pdf
"Investors looking to get the edge on the markets are always encouraged to read our new reports, and to become a member to our wesbite to gather as much information as possible, click the link below and read why I believe our new small-cap gem could go from below $.50 to over $20.00 per share, and if that's not enough to convince you, speak to a representative of their IR firm at 1866 657 3334, you will not be disappointed." Stefen Gorgin CEO and Head Analyst International Stock Targets
Patriot Scientific shares were trading up over 10% in midday trading on volume nearly triple the average. This made for a well supported move intraday.
Patriot Scientific Corporation announced December 11th, that Alpine Electronics, Inc. has purchased a Moore Microprocessor Patent (MMP) Portfolio license. From its headquarters in Japan, Alpine is mainly engaged in the manufacture and sale of automobile audio, information and navigation systems for OEM and aftermarket channels worldwide.
This agreement is a wonderful recognition of the strength and broad scope of the MMP Portfolio," said Joe Minville, vice president of Licensing for Alliacense, Patriot Scientific's commercialization partner.
"Alpine is the fourth new licensee of our patented microprocessor technology in just eight days, and the 29th overall," added Patriot Scientific President and CEO Jim Turley. "We're delighted to add Alpine to the list of well-known licensees. The technology that was developed for our own products has now proven to be useful to other companies' innovations as well." The sweeping scope of electronics applications that use MMP design techniques continues to encourage manufacturers of end-user products from around the world to license the MMP technology. More than 25 global companies have purchased licenses including AMD, Intel, Hewlett Packard, Casio, Fujitsu, Sony, Nikon, Seiko Epson, Pentax, Olympus, Kenwood, Agilent, Lexmark, Schneider Electric, NEC Corporation, Funai Electric, SanDisk, Sharp Corporation, Nokia, Bull, LEGO, DMP Electronics, Denso Wave, Philips, TEAC, Daewoo Electronics and Lite-On IT.
About us:
International Stock Targets is a world renowned research firm, specializing in identifying undervalued growth companies and walking members through the life-cycle of an equity's most aggressive growth periods. IST has been honored the "Best International Research Team Award" three years in a row, and has been praised in many of the top publications globally and is recognized for their research, accuracy and professionalism.
Information contained in this release was extracted from publicly available sources deemed reliable. This document may contain forward-looking statements, particularly as related to the business plans of the Companies, within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor created by these sections. Actual results may differ materially from the Company's expectations and estimates. The companies mentioned in this publication have not approved the content or timing of the information being published unless otherwise noted. No investor should assume that reliance on the views, opinions or recommendations contained herein will produce profitable results. International Stock Targets may hold positions in securities mentioned herein, and may make purchases or sales in such securities featured on our web site or within our reports.
International Stock Targets may at some time effect transactions in the securities mentioned. Additional information is available upon request subject to duties of confidentiality. The report has been compiled for information purposes only and under no circumstances should be considered as a solicitation to buy or sell any securities or as investment advice. While the information contained herein has been obtained from sources we believe to be reliable, International Stock targets does not represent or warrant the accuracy or completeness of the report. Independent investment advice should be sought before relying on any research regarding a specific company. Risk factors and actual results may differ significantly from the information contained in the report. International Stock Targets have not received compensation for this coverage and is not affiliated with the Company mentioned in this report. Target Prices are based on our own proprietary methods and should not be considered as all-inclusive nor considered as price projections based on revenue or performance. We strongly advise seeking professional investment advice.
((Comments on this story may be sent to info@m2.com))
© 2007 M2 COMMUNICATIONS LTD
Basicly being an A-Hole....Most people go to jail for spamming or getting into a verbal punching match with another poster....
Unfortunately OS almost equals AS. Only way to keep paying the light bill is to 1) Increase AS and continue dilution 2) RS to reduce OS, then dilute some more. Does not appear SPRL has any actual income so keeping the doors open means selling shares. Big offices have to be paid for by someone. All shareholders should be prepared to bend over and assume the position. Of course, if Sam would actually do what he stated he would do, we might all be a bit less paranoid. I'm still looking to reload one more time, but not before the new year. Something (good or bad) has got to happen soon and I dont expect anything this close to the new year...All IMO and is worth exactly what you paid me for it....Gig' em....Aggie.
In @ .0028...........Aggie
PC - I have funds that clear next week and plan on watch for a good buying oppurtunity with tax selling. I think we drop lower as we get closer to EOM. When I feel bottom, I am buying all I can. Aggie.
Ditto. I have looked but have never found any of those advertisements. Urban legend??? Anyone have a link, please post. Must see before I believe at this point....Aggie.
Velvet - I personally am glad you are still in this stock. I have tried many times and have never gotten past the phone screener at SPRL. You have access to Sam that others dont. Investors, like myself, tend to get very nervous when the one person who claims to have Sam's ear stops posting. The appearance is, the companys plans have gone south and you have sold your shares. Please, if you still have confidence in SPRL's busniess plan post your thoughts from time to time. It would go a long way toward soothing the masses.
I completely understand your position. When you post something that does not come true, you become a target for the board. You must understand that to the less informed, it is very hard to determine who has good intentions and who is just a liar trying to improve their position. The last PR Sam released promised regular updates and that has not happened. I more than doubled my position on that promise. From my viewpoint, it appears as if I have been hoodwinked. It remains to be seen if that is indeed the case.
I am not a day trader. I have been in the stock for over a year now. I have a regular 8-5 job and can only check the status of my investments a couple times per day. I am very small time only making 1-2 trades per month. And, I am in this stock for the long haul. I am not selling for tax reasons (Trade via a Roth account). While I may vent my frustrations from time to time, I'm holding. That being said, any information the "known loyals" can provide would be very much appreciated....Aggie
IVE GOT MY OWN CHRISTMAS MARKET AWARENESS SPECIAL GOING NOW>>>PUMP ANY STOCK FOR 2500.00 A DAY IN CASH>>>i'LL EVEN THROW IN A FREEE "3 DAY TOUR...", "TO DA MOON", AND EVEN A "STOCK OF THE YEAR" PUMP.......
Looks like the .0008's are up...Unreal...I more than doubled my holdings in this POS becuase of the last PR promising regular updates...Silly me...Thought things were finally starting to break...Cant help but feel Sam stole my money...Stubnub - crooks dont exist only in Russia my man...IMO...Aggie.
I personally wish if there was anything positive to say about this stock someone will speak up. I have called the company numerous times and have never gotten past the dragon lady answering the phones. If anyone has any information they are uncomfortable posting on the board, please send me a PM with the details. I am grasping for anything positive with this stock and having a very hard time. No finger pointing, promise.....Aggie.
Loss - Acording to the financials BMILES added to the IBOX. 7 consequtive quarters of positive net income does in no way support your arguement of "Or just helping out with making ends meet". How many other OTCBB companies can boast 7 consequtive + quarters??????? The company has demonstrated sound fiscal responsibility, what evidence do you have to the contrary??????? I'm not sure what point you are trying to make....Please back up with some evidence.....Aggie.
Ive said it before, I believe PRMO is the mining operation (financed intirely by selling stock to the foolish). They are selling the gold for next to nothing and all the money is being made by the privately held companies (who are owned by Dor). This company never intended to make any money, only sell stock.....IMO FWIW...Aggie
Free Country YES!!! The right to express your position YES!!!
But, the two of you have rehashed the same cr@p over and over and over and over again...Both of you have made their point...Over and Over and Over and Over again...
Everyone on IHUB has an agenda...Those who own, want to make money...Those who do not own, well, their agenda is not always as obvious...Those who do not own and repeatedly post negatively only do so for only one reason, to erode share price...Not sure what side of the fence you sit...
Go MKGP (had to make this post stock related)!
Bmiles/Trade2Much: Can the two of you give the rest of us on this board a break and take your little spat to PM....Really getting old....
Ripper - My theory is any golded mined thru PROM is sold for pennies to one of Dror's private companies. PROM shareholders are financing the mining operation thru continued dilution and getting little (if any) return. These private companies like Blue Bay and TIGER are making all of (our) money. I doubt is PROM ever makes a cent. We get just enough in PR's to remain hopeful and get new investors to buy into the hype. All the while Dror is lining his pockets and making a killing. All IMO of course as I know nothing...Aggie..
My bet would be on a R/S to reduce O/S, not increase the A/S....IMO..Aggie
Once we hit triple zeros...Does anyone foresee the dreaded R/S in the future??? Is OS approaching AS??? Apparently selling shares to pay the light bills...Judgement day is approaching...IMO...Aggie.
Ouch... .0012 This is a low as I have seen this stock trade... triple zeros right around the corner....I'm a buyer again at about .0008 or so...wanting to get my average around .0012-.0015 and then hope Sam has one more pump left in him.....IMO..Aggie.
Caution to everyone...This is just a theory that the advertisers are doing the dumping...I have nothing to base my opinion on other than PRMO history, but I think the company is still dumping...IMO...Aggie.
ACII 10Q out.......
MKGP Monthly newletter....Good Information...
http://www.pinuppose.com/newsltr2007_Sept.pdf
MKGP Monthly newsletter. Good information.
http://www.pinuppose.com/newsltr2007_Sept.pdf
Good Information in the Drill Bits news letter. I wonder why the company has not PR'ed this information. Seems 14 new wells is significant. In the past they have PR'ed less than this. At least we know the company is still alive and kicking....Aggie.
Very Nice....
Slice, If you have something to share with the board please do. You sound as if you speak with the company on a regular basis. Inquiring minds want to know......
And Yes, I have called the company numerous times and have yet to get past the dragon lady answering the phones and have yet to speak directly with Sam.
Aggie
Hey....Thats my theory....Aggie.
That is the question I am wrestling with...Why do I still own shares??? Because I refuse to take a 80% lose on the money I have invested here...I have averaged down everytime I have thought we were at bottom because I believed in Sam...At this point, I no longer believe...Sam said he would provide an update within "weeks", then regular updates...I went in big time on that promise...What happened...Sam diluted the cr@p out of this stock and failed to produce on his promise...It really brings his business ethics (not to mention his character) into question, IMO...In the interim, I sit, I wait, I hope and pray, I vent my frustrations on the message board...Call me a whiner, call me a cry baby, does not matter...I have purchased the right to an opinion and this message board is the forum to express that opinion...Aggie.
So much for .02 being some level of support... We are now below .0001 Pre-split... What a crock.........
The only think worse than a CEO who does not issue any updates at all, is a CEO who tells the world of regular updates are coming and then fails to deliver....It really brings credibility issues to the surface....Makes every conversation with every stockholder suspect....People make buy/sell decisions based on the information the Sam's of the world provide....To state regular updates are coming, then dilute the cr@p out of the stock, and fail to deliver, is almost like stealing....I know I feel betrayed....IMO...Aggie.
There was Assay results pertaining to the gold bearing material PR'ed. 91% pure.
August 20, 2007 - 3:40 PM EST
Prom Resources, Inc. Assay Results
Prom Resources, Inc. (PINKSHEETS: PRMO) ("the Company") is pleased to provide shareholders with assay results from past grab samples from the company's perimeters that have been sent to a recognized refinery.
Wgt. In (gms) Used (gms) wgt. Ret (gms) % Au (%)
------------ ------------ ------------- -----------
8.93 0.04 8.53 91.30
In addition to these samples the company has prepared further shipments of gold bearing material for grading and processing.
"With the addition of Mr. RASAMISON and Mr. RAVONY, the company is determined to send larger samples at a faster pace to refineries," said Dror Moradov, President of Prom Resources, Inc.
About Prom Resources, Inc.
The more I sit on this POS stock, the worse it smells IMO...My current theory ( only a theory ) is Dror/Gerry never entends to make money on PRMO...The only purpose for PRMO is to scam the stock holders into financing his gold mining activities...Any gold he finds, he sells for pennies to one of his private companies and that company makes huge profits...Never has/never will show a profit in PRMO...Just gotta love a good conspiracy theory...Anyway cant afford to sell at these prices...All my humble opinion of course...Aggie.
You wonder if Dror/Gerry is selling the gold for pennies on the dollar to one of his private companies and making all his money there...Something is just not right here...There has to be a reason he does not want to give out any revenue numbers...PRMO maybe nothing more than away for the stockholders to fund is mining activities...It appears we are still being diluted even with all the gold shipments...Cant be selling the gold on the open market...If this is what is happening, anything we as stockholders can do???...Cant be legal!!! Any thoughts??? IMO...Aggie..
ACII looking good today off of your call....Aggie.
Could someone please post of NNLX chart. TIA...Aggie.
.02 = .0001 pre split. I may be wrong, but I dont recall dropping below .02 post split. What a dog this stock has become. Really want out, but cant afford to take a 90% haircut on my investment. Suksssssssss. IMO.. Aggie.