Clearly, should get Q/K reporting major increase in O/S before too long

There was no spot voyage started yesterday. The Nikiforos is docked at Chennai as it has been all week.

3k in assets, heavy debt, and they announce they are building a 450 million dollar oil refinery?

Yeah, I am going to buy a suit and open a 500 million dollar business. Money you ask? I make 65k a year, but trust me, I'll make it happen can. Would you like some shares in my business? SCAM

Thanks - makes sense - well hope they buy back some shares or something. Business plan makes sense

Also the Nikiforos is still in Chennai so I am assuming they are idle, how much does it cost to have a boat like that sitting in port

IF you factor in the ship needs repairs, needs intermittent crew - maintenance surely isn't done in a day on these, I don't know that a million dollars a month is really anything after expenses are considered.

I don't get the idea of "spot" jobs, like does that mean they can be more efficient because they can increase the price as they on stand by.

I think they want to build a fleet so they can get regular shipping contracts.

Schenectady?

Bahahaha, don't feel bad, I'm stuck too..... but hey they keep getting million dollar contracts and go positive news some of us might break even on this, ...... someday lol

Agree. An actual company with revenues. I put a GTC in and will forget about this cash. Only put $500 in, it"lol get news and bounce back, patience...

Thats funny, this is a comment you made two days ago copy and pasted from this very board - why the change in your tune?:


goarmy2020 Member Level Tuesday, 02/14/17 03:20:05 PM
Re: jackson73 post# 1415
Post # of 1731

Nice move so far. The ss is very low, so this could go much higher imo

So my question is what is the ceiling here. If someone were to buy out Actipatch for billions, what would that mean for us? is penny the ceiling?

41 Mill on ask at .0013 I would naysay but we did get past the 120MILL WALL. Let's hope we can breakout!

Wow, I stand corrected, this thing can really move! I guess you can count me in with the longs, well not to a penny long, but I am gonna let my position sit. Go BIEL!

Even if a buyout does happen what good could possibly come with 16B shares? This company may have a game plan but ??. Can anyone give me a reason to think with this much dilution this will go on a run?

Wow! 120M on the ask at .0012! it just keeps going up! Wow! Day traders are probably gonna dump and then just longs. Share buy back could be crazy, like 1 for every 1000. Even with major news this thing barely moves. Learned my lesson!

Only 90million more shares to get through the 13"s lol. Got a small position but I guess watching the ticker won't be so exciting. Might as well put a gtc in at .0014 and cash in by Christmas bahahahaha

What are you talking about? There are 90 Mil on the ask at .0004. Hardly getting thinner.

If that's the case, since you posted there has been several million .004"S sitting there. Nohardly any takers for so many assured that this stock hits .001

Lufrance I'm no expert but from what I've heard it doesn't mean much. It could be a "cross trade." Doesn't mean we are going to trade that way at the bell. Although you probably knew all that...

Thanks rheeper. good info

Can someone let me know what the administrative proceeding was about?

Happy to have gotten in at .0009. Will be glad to see where this one goes

It seems like we finally are ready to clear .001 and millions more are dumped at .001. This thing could run a little without millions being dumped

I've been ready. Coulda been banking in other stocks but I'm tied up in this . Release news of the contract already please ??

Well if (and thats a big IF) they secure the contract and become the cog in the machine that is part of a chain becoming a provider of lithium batteries (as their little report suggests) we will be in major money certainly by 20/20.

However, if like so many other stocks it is all a ruse to get shareholder buy in, all we can hope for is a big pump n dump and cash out.

Either way I have no idea, just hoping for some news soon cause I am in at .0042 and wants out at minimum .0047

If they announce the contract this month we should make some cash. If not this thing is going to be sleeping for a long time.

when are they going to confirm this contract - anyone have any ideas?

Something up there, who invests 50k in sub penny premarket

lol

Was my guess, but hey its penny stocks lol

Guess not many folks are buying the .12 long term price point....

Someone just bought 14k worth of shares at .0027. Any idea behind why someone would do that, or who would do that?

Well enjoy the spike tomorrow if it is shorts friend! can't wait

This stock traded peculiar today, people were loading heavy before close, but then the stock dropped from 2.05 to 1.85 in after hour trading.... what to make of that?

Where is this 13g you speak of?

Painful yes, but valuable learning lesson

Yeah me too, messed up on my sell order - Im only in for $700 but its forgotten about til its not. GTC at .023 - prolly never see a dime of that

This stock is a hilarious. News barely moves it. I'm sorry but the toxic lending destroyed this thing. I'm out ata small profit and am gone. Good luck and I suggest finding a penny stock without all the shares converting all day every day. This thing could soar without relentless selling pressure

I sure hope so. These people selling millions upon millions of shares could put a ceiling on things really quick.

Shares keep getting bought, but the ask seems to remain the same. Doggone shoulda saw this would tie up my cash for a bit - the thing is the MM's ease off this puppy could fly...
But this dog doesn't hunt at the moment