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I still check the Board everyday. But you are kind of right. I have nothing to say. I got sucked into all of the PR's and can't do anything but take this loss and hope by a string of miracles that this stock goes up through the roof in the future. I haven't been able to get in touch with anyone from the company, including Steffan in weeks. I don't know what else to do.
What DD are you talking about? I went to their facebook page and didn't see any new posts.
Im not in disagreement with you here, but I just don't see how it is possible. I think they have covered their tracks very well. It is not illegal to fail and they made sure to put into their PR's that they were all forward looking statements, which are not illegal either. I think that it would be really hard to get all of that money back.
That report was for last year but it was published this year. That's how the reports work. So the next one should have the income from the wells
Financials Released yesterday! Here's the link
http://www.otcmarkets.com/financialReportViewer?symbol=NERG&id=151203
Yeah, its just more and more shady the more that I look into this. If they could just prove one thing that they say, that would be nice.
Have you tried or been able to get in contact with the CEO or anybody that is associated with the company? I saw where you contacted the Paul guy and he said he wasn't working with them anymore.
I also just called NERG not Steffan,
THe number is 307 920 3410
When you call, it goes straight to voicemail, not even one ring, and the message is, Hello, you have reached Ecoemissions. That in itself is shady. I think you are correct about what you said. Maybe we should contact Ole Mr. Cutler back haha.
haha you must be the CEO of NERG. I've been with this company for a long time. Just because I am upset that I have watched this go from 2 cents to the trips doesn't mean I will sue them. But if it can be proven that they are doing shady things, I would be stupid to not get my money back. I am sure there are people here that have more information on proving NERG to be false than what I have.
Yes they do happen. In fact, if someone was to bring this up to a law firm and show that since December 1, that NERG has devalued this stock, Most law firms would take that Class action free of Charge to the people that lost money from the stock being devalued. The only way that would work is if it can be proven that NERG has done any of that on purpose. If they provide any evidence to the contrary, it would be hard to get the money because it is not illegal to fail.
If someone wants to do that however, I would join with you, I have lost a lot of money with this company as well
I did a lot of DD like that when I first joined this board but no one would listen to me either. Just constant bashing, so i just read all of the posts now haha
I don't delete posts unless they are really offensive, so what I am saying is that it wasn't me. Check with one of the other moderators. It was probably pegasus guy
OK Everyone, Read!
Everyone stop attacking each other, I am about to start banning people. Its ok to disagree, but there is a difference between disagreeing and attacking each other.
I haven't spoke with them but that is not because I haven't called. I think I have been calling at the wrong hours or something. The last time I did speak with them, they were not able to offer any new information other than what has been presented on this board. We simply have to just wait until good news comes out. And even after good news comes out, we have to get the word out to several people to have the bid going up. You can have the best news in the world but if no one hears about it, the news is irrelevant.
As a moderator on this Board,
I have read a lot of personal attacks and vulgar language. Like I said a few days ago, I WILL be taking action, the next post I read that violates the guidelines of this board, that person will be banned for 24 hours. If they violate a second time, they will be banned for a week, and the third time, they will be banned for as long as I am a moderator.
So everyone please read and understand this post, I am very serious about this. I have had to delete a couple of posts from the last couple of days that were classified as personal attacks, as I said I would do. Next stage is to BAN!
first green day in awhile
I could call them again but they can't tell me anything that they haven't already told everyone else because that would be insider trading. We really just have to stay patient at this point. I will call though to ask what is going on.
I just read the message about the bond being waived, but I just called and got no response so I will try again later
They can't really tell you anything new, but no I didn't get a chance to call. I had some other family things to take care of. If you remind me though, I will call them tomorrow
They are registered in the State of Delaware, you can search their database, they are there. They are not required to be registered in WY, they can do whats called a ghost license to do business there.
Had to delete your 4445 post due to vulgarity. There are a lot of other posts here that are personal attacks here that should be deleted as well. Come on everyone, I know this is a hot topic everyone, but lets keep the bashing down and just trade here. I will start deleting posts if there is no content to your post and you are just attacking someone else unprovoked.
haha I never left, I am here everyday, but I do not post as frequently anymore. I called them last week and they didn't have any extra information to provide. I will try to get in touch with them today and see what is going on.
It is really hard to not think or say that something fishy is going on here. I have been watching this stock and this chat board every single day since the beginning of December and I have watched it slowly go down every single day. There have been a total of two green days but the greens were quickly lost. Then we get news today and the stock goes lower than it was yesterday. Yea, just looks like something really fishy is going on.
I can't wait for this to explode upwards and to see pitman on this forum talking about all of the money that he has made haha but seriously, the price was inflated when the initial news came out. It is sitting around just about where it should be right now. Once reports and financials start to come out, this stock will rise sharply.
I was alluding to the overall worth of the company. even if those shares are locked, they are still worth money. but how I got that number is because one percent of 60 billion is 600 million
My understanding was that they were waiting for regulatory approval before they could begin the work on the wells. Also, its not at .02 or .03 because at .01 the company would be worth 600 million dollars but they do not have but 27 wells currently. We just have to wait until the wells get installed and the price will have no choice but to go up.
It shows like that on google stock too. It has the stock symbol for Nerg but the profile at the bottom says eccommisions or whatever it is.
http://www.otcmarkets.com/stock/NERG/profile
on the bottom left hand side it shows how they changed their name
THats what it was called previously, they changed the name back in June
It only takes 6 hours and a few men to get one well running. So you are correct that it will not start producing magically but that is still pretty quick.
If you have 50 men working in 3 man teams and they are able to get two wells up a day.It will only take 62 days to get the wells operating.
50/3= 16.6 Make it even at 16 cause can't have half a man
2000/16= 125 days at one well a day
125/2= 62.5 two wells a day
Thats what I see unless I have done my math wrong. Once they get all of the approvals, this will move very quickly. Possibly by the end of February the wells will be producing 75,000 a day.
70,000 * 305 days = 22,875,000 will be made the rest of the year.
I understand that is if all the stars align but that is what we are looking at and that is what the company sees. That is why I am assuming that they feel confident that they will be getting uplisted to the Nasdaq. Then once you add the factor of ten you get 200 million, then you get 44 million with a factor of 20, which is the average that most stocks sit at. That would mean that their market cap would be plenty high enough to make the Nasdaq.
In regards to the person that posted about the Wyoming business license the other day
I have been doing a lot of research on the topic and as far as I can tell Nutech is not required to have a license there yet because they do not have that many assets. It is possible that they are in the process of applying or may apply soon. There are certain circumstances where corporations do not have to apply at all.
If I was Nutech though, I would transfer my license to Wyoming because the fees are much cheaper than in Delaware. Below is a link with some information that may be useful.
http://www.wyomingbusiness.org/DocumentLibrary/B%20and%20I/business_permit_booklet_F_061913.pdf
Hope that helps. I would assume that once they get the wells up and running that they will be required to have a business license. That is unless they filed under a fictitious name in Wyoming (which is legal) in order to protect their assets in Wyoming.
here is your proof that they are out of Delaware
https://icis.corp.delaware.gov/Ecorp/EntitySearch/NameSearch.aspx
Search by File number: 4326276
My dad has a business license in Alabama but he operates out of several different states and countries even with that license. He has to report all of his dealings to Alabama. The only thing is is sometimes required to do is pay taxes in those states that he made money in. He has never been required to file a business license with any other state than Alabama.
haha I tried to be but it said that the board has too many moderators and I have to wait for one of them to drop out first.
Their business license is out of deleware or one of those northeastern states. That is why wyoming would have no record of it. And the address is a real place. I found the company listed on yellow page. Youre not going to find the store on google maps because the company is new.
Here's the math guys and girls
This is for everyone saying that we are going to get super rich. Now, this is not a negative post. Everyone that has been here for awhile knows that I try to not pump or be negative like pitman.
The only chance that we have for making money is while this stock is in the pennies. After it gets to the Nasdaq and the RS happens, it will not move as fast in my opinion.
Also, they will be forced to do a 400:1 RS. to get the stock to 4 dollars to be put on the Nasdaq. and that is if the stock gets to a penny. So, if you have a million shares, they will turn to 2,500 in a RS.
We have to have this go up before hand or we will not all be really wealthy. That is unless it gets listed on the Russel index. If that happens, we will all make lots of money!!
Looks like we may finally have a positive day ending haha, that is definitely welcomed!! haha
Yeah, I talk to them once or twice a week. There are several things in the work and we should expect more news to come out. With that though, keep in mind that there is no a whole lot that they could tell me either because that would be insider trading. It does appear that the company is very aggressive and is not going to stop with just the 9 thousand wells that they plan on acquiring. IMO.
DOing pretty decent so far this morning
Don't have private messages, but he told me he had some stuff going on monday but to call late today or tuesday.