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Confrims the reasons why we haven't got a 10Q yet, as I suggested there is nothing fishy that I can find going on here! Nice find pro!
No doubt, I know whats coming here and it's going to be big. If I thought anything looked fishy I wouldn't have invested in this. Everything looks good to me and I do believe once they update us this will take off again very quickly.
Been a while, good to see you again!
I do believe there are far bigger things going on here, that envolve other companies as well, and well the truth will come out soon. They are on the OTCQB and companies file late all the time here. There is a "grace" period. So using the fact that they are late on the 10q isn't really a valid excuse to think that something bad is happening. No updates for a small period of time and a late filing doesn't mean it's a scam. It doesn't mean it's not, but you are making way to be of a jump based on limited information.
Soon very very soon. We know they will be doing a reverse merger here into BYSD, but there is also a good chance there will be a joint venture with another company as well for a major deal. Wont be long, this is still a great time to accumalate until that drops.
It's going to be very worth it, expect a similer run like we had when we alerted PRMK. Same guy ran both of these shells. But the big thing is here we don't know any details yet about the company merging into LBGE and that is where the real value lies for this stock. It at worst case will be a company with a similar value as the one that merged into PRMK, so you could expect .05 or .06 easy out of this. But there is a good chance the company coming into this shell will be worth alot more, which could mean .10 or higher.
Yea, let him try to get out. No one is going to flater him by slapping it just to take that guys shares. He will get out when the mad rush comes in here to chase it when the R/M drops then feel bad as this shoots up to .05 or .1 just like PRMK did.
News with 8-k should be dropping anytime now. This is going to run easily to .05 or .1! Hold on tight, no selling here, it will be completely worth it.
Long and strong, BYSD is going back up to .01 very soon!
This could still run massive if they release news about a major oil find which is the rumor.
He told people to "sell and take a 100% profit" when it was in the .009s since most in his group got in at .0038. It was in his premium chat room that has like 100 people in it. So people sold, stoped the momo and run up when it was in the .009s, and it came back down. Now that is one thing, but someone else is dumping right now, his premium guys selling some and taking profits wont account for all of this, but it sure killed the run and started it back down when it was at the HOD.
Looks like we all got "wrong turned" and "stock twitered"
Like your excitment, but your math is way off lol. If they actually found 100 million barrels that would equal roughly $40 dollars a share, not $10. $10 dollar a share with our current O/S only would make WNWG worth around 2 billion. 100 million barrels = roughly 10 billion.
CONFRIMED! The guys over at MomentumHunters put out an alert for this one this morning! It doesn't get any bigger than these guys, they know whats going on here too! Their PR about WNWG is showing up on etrade. Today will be huge!
We don't know, other than soon, as it's quite clear alot of people know about it and are going to extreme messures to get as many cheap shares as possible.
Very low for a company like this, as you can see in my other post, even a very small oil find would be enough to send this up to the high pennies or a dollar.
Between 100 million and 200ish.
It's going to fly! Clearly this hacking of the twitter account was nothing but an attempt to create a panic by putting out false information so they could get cheep shares. Now that all the facts are out, and we know that Stock Twiter fully supports this company this is going to gap up huge tomorrow! Specially with this low float, this trades so thin, and with major news expected as well!
Recoverable Oil Reserves of 100 MILLION + BARRELS!
This is what I believe we are working with here and what all the recent activity is about. I do believe they found and are ready to start recovering major amounts of oil from their "Asphalt Tar Sands Tar sands project".
FORT WORTH, TexasFort Worth - Wentworth Energy, Inc. (PINK SHEETS:WNWG) announced today that the Company has closed on its acquisition of a large oil sands project in Utah's Unita Basin. Wentworth Energy has acquired 1592-acre lease known as the Asphalt Tar Sands Tar sands is a common name of what are more properly called bituminous sands, but also commonly referred to as oil sands or (in Venezuela) extra-heavy oil. They are a mixture of sand or clay, water, and extremely heavy crude oil. project, for 1,000,000 shares of the Company's common stock and a 12 percent royalty on the net proceedsNet Proceeds
"The Asphalt Ridge Tar Sands are located in the north-northeast flank of the Unita Basin, about 3.5 miles southwest of the town of Vernal, Utah. According to historic geological reports, the company believes that total recoverable oil reserves on the project could be over 100 million barrels of oil"
"The land position we have acquired is located in the heart of Utah's rich oil sands region. The opportunity for Wentworth is to combine this strong asset with the new recovery methods that have been developed over the past several years. Our plans are to work closely with the Utah government to ensure that not only is the oil extracted using the most efficient and cost effective technologies, but that preservation of the environment is also our top priority."
"The oil-saturated sands are in the Mesa Verde Group and the Duchesne River Formation and have been identified at varying depths from the surface to 250 feet. This means that the oil can be recovered using open-pit mining techniques, which is a very cost effective method."
http://www.thefreelibrary.com/Wentworth+Energy+Closes+on+Acquisition+of+Major+Utah+Oil+Sands...-a0137910750
I do believe the PR will be in regards to this property. So lets crunch some numbers here, lets just assume they actually did find around 100 million barrels of recoverable oil on this property. At current market price, that would make this find worth roughly 9.9 billion dollers. With the current O/S of 247 million, that would only give WNWG a market cap at $10 a share of 2.4 billion....
Now lets go ahead and try to be more realistic with this. Lets just assume that they didn't find 100 million barrels of oil, but a good bit less, and lets factor in costs to extract it, transport it, refine it, bring it to market etc... Even if you reduce the numbers by 70% you still come up with a "realistic" price per share of $3. So even if this is a MUCH smaller find than 100 million barrels, you could realisticly expect a pps of some where between $1 and $3 a share.
Of course these are all rough numbers, and are based on the unknown fact of how many barrels of oil the reserve actually does have. But the point is to give people a some what realistic range of what this company could in fact be worth when they drop the news.
The share structure here is very very very small for an oil company. So even with a pretty small find, you could easily see how the company could be woth around $1 a share. So even at current prices this stock is almost surely greatly undervalued in the event that they did strike oil. Now we just got to wait and see what the PR brings, but based on the recent volume and pps increase, I do believe I got a pretty good idea what it's going to say. We just need to get the hard numbers to find out what its worth, but from what I hear it's "substantial".
There is no way to tell if that was a buy or a sell, as we do not know what the bid/ask was at the time that sell went through. It's listed as a "buy" only because the price .01 is higher than the price at close .0064.
T trades happen on all stocks, on all markets, and it has nothing to do with "games". Usually when there is alot of volume you will see more of them. There are no ryme or reason to them, just random orders that don't get recorded at the time of the trade nothing more.
One can though assume this was mostlikely a buy as it was one block for 1 million shares, which there really wasn't any sells going through like that today. So chances are it was a buy, but no one to know for sure.
Last trade was at .0064, other one was a form t trade and doesn't count... Please read some of the other posts about this...
It's eaither a major Joint Venture with an well known oil company
or a major oil strike on their property worth a ton. I can't confrim either, but got many sources saying its one of those two, and they don't even know for sure other than it's "major news".
This was deffinitly not a scam or fake. Stock Twiter had 160,000 followers on his old account and he can not access it and has to shut it down and open a brand new one and start all over. No one would throw all that away just to drop a play by 50%. On top of that his alert went out to his 800+ premium members when the stock was at .0130 this afternoon. So they all got hurt by this too.
Someone big has got a heads up on the news many of us expect is coming this week about a possible major oil strike on their Utah property. They went as far to hack and destory one of the biggest stock alert websites/twitter feeds out there just to release false infomation so they can drive down the price of this.
This is huge, and only reafirms to me that the news is going to be massive. I still got all my shares, and will be loading up first thing in the morning and we wait for something from the company. People don't go this far for simple stock pumps or scams, this is the real deal and what ever is to come is going to be massive IMO.
100 % correct, many normal trades are counted as "short sells" on that list even though they were not short at all. Thats something this guy simply dosent grasp as well. Just like he thinks this stock had a "mother of all short squeezes" today because it went up a whole 77%, something that is common and happens all the time with pennies and sub pennies lol.
If this was an actual "short squeeze" this would have ended up some where in the low pennies, not in the .004s.
They are ZERO indication of "whats to come". Stocks like this do NOT trade after hours, that was a trade that took place and was filled durning REGUALER market hours, when the price was actually around .01. The MMs just recorded it AHs. It's volume gets added to the daily total, but the official close was .0064. That was not a trade that actually happened "after hours", again they only recorded it after hours.
Please do some studying on the form t trades. Form T is the required from for any thing that is filed after hours, weather it's a regular after hours trade on a stock that trades after hours or wheather it's a trade that happened durning the regular market and was recorded after hours.
What is an indication of whats to come is the fact that some one hacked Stock Twiters account and released false information to drive down the price of the stock so they could get cheap shares for tomorrows big run.
Go ahead and prove it then.... And yea i would love to see you try and sue someone on a message board for slander lol.
"Pretty simple, today was a great example of a squeeze. In fact, appears to be a MOASS to boot! "
Oh yea, btw a "MOASS" or a "short squeeze" move the stock up FAR MORE than 77% LOL. Again when you actually learn what they are, how rare they are, and how the work, you might understand these things. Got a lot to learn though.
A subby moving 77% in one day, wow yea never saw that happen before, that must have been a "short squeeze" LOL. I can point out to you 20 other penny or subbies that did the same thing today. Welcome to the world of pennies bro, you will figure it out at some point LOL.
Going to be a HUGE end of day run! Lot of people going to get in tomorrow AM as well!
Morning shake off, they let all the sellers get out, then big money who knows what is about to happen here jumped it and drove it right back up, I expect a finish at HOD or higher! Tomorrow will be insane!
Run coming! There are alot of people who know something big is up with the company!
KEEP AN EYE ON WNWG THIS WEEK!
WNWG .0095
Something big is going on here with this one. It went up thursday and friday last week almost 300% out of no where! Big rumors of major news dropping next week in regards to a possible major oil strike. I did some DD on it this morning and posted it over there on the WNWG board. You can find it below! Please note, this is not our pick, just a hot stock to keep an eye on that might run big this week!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63122646
No everyone gets them at the same time. Right now that board allows us to keep the posting clean and get rid of the trash that likes to come in and attack people. When Juicy comes back, we will use both boards, and picks will be announced on both.
I completely agree with that, the share structure is very good for a company like this, and any big news could send this into mulitple pennies very quickly!
Looks good to me, showing up fine for me.
Looking at the company and doing some DD, they seem to have alot going on behind the scenes and alot of possible projects that they might be ready to announce at some point.
Yes sir, shes going to expload, tiny float, clean shell, and we know a reverse merger is coming. Life is good here, things should really start moving this week!
LBGE UPDATE!!
LBGE is still in play this week and we are expecting the R/M 8-k to drop at anytime. It should be some time this week when it hits. Hold tight on this one, it's an easy ride up to .05 to .08. We will be updating everyone on this as the week goes on with more info, stay tuned!
What's your point? They still own the property......
5 year old news isn't triggering this. Some people know something, and it's big. This news, as I pointed out in my other post, only serves to back up some of the claims and add more fuel to the file, but this is in no way trigging whats going on here.
Correcto! Those were just trades that got filled but didn't get registered when they happened by the MMs, so they always file them at the end of the day. Has no impact on what price we open at, the official close on friday was .0095 so just ignore the T Trades.
No doubt, I was just showing how even a very small oil find with this share structure could easily be worth at least a $1 a share with out any issues here. I think it's a given this will be worth many multiple pennies at the very very very least with a real legit shot at being worth a doller +.