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I hope you're right ACER, but we've placed such high hopes on the first delivery, the new website, the 10K, and now the 10Q...
It will make us current, yes. But who cares if we're current if there is no funding to grow.
I don't think anyone can say with any amount of certainty when the 10Q is coming out. We are left to guess based on info relayed by the gents who've called IR and inquired. To me, it's become very clear...
It's all about the financing.
It feels like we'll bounce around btwn .05 and .07 till the financing news comes out. That's the make or break moment!
I think we're all talked out. In a holding pattern.
I'm a newbie who got lucky here. When i put in the order to lock my shares, it's a sell-limit order, correct?or is it a sell-stop order?? Thanks in advance for the help. 100,000 shares and holding! Congrats to us all!
As am i.
Lol! Whoa. Thats eerie.
Less than .05?? Really? This is damn unnerving. Especially when you don't see some of the large stake familiar "faces" active on the board like they were. (ie. MB, Benchman). Being down 50% is neither comfortable nor very smart. Showing alot of faith here! Cmon Risinger. Get your loan!
I agree with you, the loan is definitely in our favor. Respectfully, this is my understanding:
The highlighted text states that LGHC (Risinger) will obtain (not provide) a letter of credit from the lender (Regions Bank) in addition to satisfying the additional stipulations provided by the investor (Al Rami Pure). If LGHC (Risinger) obtains the letter of credit (from Regions Bank), Lily Group (VHGI) agrees to let LGHC (Risinger) keep the $65million loan in an account of his (LGHC) choosing. LGHC (Risinger) will then dole out the funds as deemed appropriate and agreed upon by VHGI and Al Rami.
In essence, Risinger is putting his neck on the line ($10.5million worth) in order to facilitate the loan.
Hell, if he's in, I'm in!!
Respectfully
NN
So the real question is, what is required in order to secure the $10.5million letter of credit with Regions Bank? What is there to negotiate? If they were unable to secure the first one for $13million, what's different now that'll get them approved for $10.5million?
Awesome response Sotcky1!
Cmon VHGI! Give us what we need!
I know, and yet, if you watch the embedded video on that link, it gives the complete opposite impression from the article!
Well, I can't say I enjoyed reading this article at all. :-/
Any comments??
http://money.cnn.com/2013/07/01/investing/coal-companies-stock/index.html?iid=HP_LN
I also thank all of you big guns for the efforts!!
Is it typical for an IR firm to compile a projected PPS? Should we expect that?
Did my part! 10k at the opening bell! VHGI is the real deal!
"A penny a day!" is gonna be my motto! Of course, i'll be ok with more!
Welcome to Sunday all! The only day of the week we are virtually assured that nothing will happen :) What a relief!!
I'm trying to average down. I picked up most all of my shares @ .10. Late to the game, i know :-/ Still, keeping the faith!
Correction: .055
Ohhhh yeeaahhhhh :) Picked me up another 10k at .05! Thanks to all you trading vets for sharing your know how here on the board. This has been one WILD ride for a relatively new investor. While I am nervous, I'm certain VHGI will not let us down.
Maybe someone with some savvy could call Ligget, Vogt, and Webb...
Just verify that they are actually currently working on the VHGI account and see if they are willing to give a reason for delay or time frame for completion. You never know unless you try, right!
Maybe someone with some savvy could call Ligget, Vogt, and Webb...
Just verify that they are actually currently working on the VHGI account and see if they are willing to give a reason for delay or time frame for completion. You never know unless you try, right!
Thumbs up TTU =)
Hang in there Texas! PT is right! It's not a loss unless you sell. It's a stressful time, but you went big for a reason...This IS your life changing opportunity, and you "carpe'd the hell outta that diem"!! Stay the course my friend!!
This may have been discussed in the past and i missed it, but i'll ask anyway... Is there any way the filings could ADVERSELY affect the pps? I understand it will bring the financials up to date, but since we already know what the future earning potential is, why are the past financials so important?
Just trying to learn. Thanks!
So, is there a glossary of definitions for the lingo thrown around in here?! Lol! ie "slappage"??? Or "donkeys"?
I wouldn't mind further consolidation until the end of the week. That's when the paycheck rolls in and i can add to the position! My girl just added 30k and we're hoping for a very good summer!
Well, as patient as we all are, I say bring it on!
Gotta love payday and treating yourself to another chunk of VHGI shares!
Love these exciting predictions and encouragements! Now ready to experience it for myself and become Debt Free!!
Seems it took a few days after the 2nd shipment announcement for the pps to make it's move. Hoping for some more immediate gratification this time! So many variables coming into play right now...perhaps setting up for the "Perfect Storm" scenario, but in a good way!
A wish for good fortune:
"May VHGI cause all of our earnings to be in proportion to the immense patience we are exhibiting during this time."
Anonymous
My guess is that KCSA takes advantage of the new website to announce multiple shipments since the 22nd.
That, coupled with the quarterly...
fireworks, ladies and gentlemen. Fanta$tic firework$ =)
Figure there were 3 weeks between the 1st and 2nd deliveries...
Monday the 13th makes 3 weeks since the last announcement. Added to my position today...
1st time posting. All the enthusiasm is contagious and much appreciated! Can't wait for that train whistle to blow as it leaves the station!