Trying to retire as early as possible
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You’re welcome....MM have been odd on this stock....sometimes they don’t show bids at all...and there are sells printing beneath their bids which is frustrating for them...
Anyway, we closed pretty green today...she’s a thin stock
I forgot to mention there’s visible bid of 100k at .035. And about 20k at .05......earlier there was maybe 30-50k at .0495(low of the day) but that’s no longer visible....there was also a bid of .043 for 100 k on Friday afternoon...but i don’t see anything there at the moment
I have not seen the 147k seller at all today ....right now there’s 30k at .068 and 48.47k at 69.....then next MM is .095. We hit .07 earlier, so there is probably a few shares still hidden .07 too....100k slap would clean things up a bit
Yessir....Let’s see if our big 147k share seller is on ASk tomorrow at .0498 or has wised up some....if not, he will be losing his shares early this week for sure.....
Good to know...thanks....I havent watched any of these other PENA tickers on L2 yet.....I rarely play these g2p as they always seem to gap in the morning....last one i made any real $$ on since $mkgp was $DEER I think...
but this PENA guy may just have this system figured out....
Nice catch....
Pena has 4
$MKGP
$ENMI
$FMNJ
$AMSA
Interestingly... $AMSA is already pink current...tiny float...inc in GA
$ENMI and $FMNJ both came off greys I believe ...both have same CEO William Petty and IR firm...in addition to atty Pena...
Interesting finds....maybe Pena has found some loopholes to get tickers back from greys without form 211....maybe easier to get formal 211 once ticker is current...kinda working backwards...but i like it so far..
i checked the ticker he thought might be redomiciling to DE...it has debt from 2016...I have it on my radar
I found the convo.....
Wasn’t he in $xxxx too?
Yes, they are doing a Delaware scub on it right now.
Scub?
That's when you change your domain to Delaware and change tax id numbers get rid of debt and scub any other issues from the company. FINRA will then approve corporate actions
Yeah....$xxxx had a good SS....didn’t know you could move to Delaware to escape debt....good to know
it's the way its done,they let the attorneys handle the fine print. The debt does't go away it stays with the previous tax id
if you are looking for where stocks are incorporated, probably 2/3 are in NV, but DE, FL, CO, WY all have plenty....the one that was most shocking was $KENS (Which is inc in NY), and $AWSL (which is inc in WV)....a buddy of mine that has been trading otc forever said he had only seen one other in both NY and WV over last 20 years that he can remember..NY is such a pain in the ass to do business in and is pricey and over regulated...
Sometimes in an effort to remove debt and strip shell clean, the owner will reincorporate a shell in DE....not sure exactly how it works, but i know a guy who said they do it to NV tickers and get a new ticker symbol/cusip and work with clean slate....this makes it easier to sell and make current..not sure how pricey it is to do, but cant be too bad...what i hate is that you have to pay to see many of DE records...
There was a term he used when they do a move to a new state...I will have to dig out the convo...and will share it here...def good info to know
I think you can still edit the message anyway for 15 minutes after you post it
No worries man
Yessir.....very close here to big announcements no doubt ....I’m sure that their $50 ml project financing and any potential RM was contingent on getting current first....now they can start building the house, brick by brick
They just went current after being gray last fall....it’ll be a while before the shell risk wording disappears imo....they’ve got a lot going on behind the scenes...one thing at a time...
$mkgp just tweeted..
$MKGP has completed all requirements by OTC Markets and is now listed as Pink Current Information. We are moving forward with producing property acquisitions as planned.
— MaverickEnergyGroupLTD (@mavmkgp) August 7, 2020
Weeeeeeeeeeeeeeeeeeeeee!!!
"We are moving forward with producing property acquisitions as planned."
Its coming together now....
I am pretty sure that 147K pile was the same one at .0698 the other day
Huge pile on ask now....either wants out or making a wall to scare down shares
Even a simple tweet would be a good start to keep us informed on when to expect bigger things here...
Cheap shares showing up now....otc traders can only wait 2-3 days before getting antsy it seems...
They should just rename the stock $yoyo ...hahaha
I’m trying not to laugh at this guy who keeps painting this down with 1000 share sells....somebody wants to load cheap
Once we get solid news, then we should really see some volume
No idea...but I grabbed some of them today down here
Yeah...it’s a bit sketchy.....but i like all the buying today,...just that one guy dumping at .0465 was the only bad part , unless your the bidder !
Who dumps shares at .0465 when we had buyers at .0699 earlier? Did that 150k wall scare them? Crazy trading here
Nice dip opp here...grabbed some mire at mid 30s to add to my 20s....I’m hearing good news not far off here
Absolutely...looks like a few people want off the train at .07 today
Wow...Venezuela now has zero working oil rigs....one less oil provider to compete with https://oilprice.com/Energy/Energy-General/Venezuelas-Rig-Count-Officially-Falls-To-Zero.html
Actually....the tradeable float is only 15.5 ml here now....that’s the unrestricted shares total....
Nice...slap 72k shares !! Hahaha
This stock traded at almost .10 earlier this year, and it didn’t have half as much going for it as it does now....A big group could run this silly over the next few weeks
That’d be amazing.....need about $75k in buys to do it....need some big buyers here
Yessir ....we break and hold .10 and we are in blue sky land ...
Nice slaps
Oil VERY green this morning so far
Possibly....there were games all day cause of the light volume
Prob didn’t print until AH, but MM prob agreed to fill it at 4pm, but then it didn’t print until after the bell...could be deliberate , or just placed order a second too late
Where’s our Picasso today?
Not going as expected today....not as many eyes/volume here yet....there’s a lot of other runners in otc land at the moment....MM and others can easily paint this down, so they do...volume will be our friend here....oil still slowly trending up...Management has to start Releasing quality PRs this week
Not getting much love here today....I imagine they’ll be putting out some quality PRs and updates later this week...they won’t be “priced in” as we don’t even know what the content is going to be for sure....Unexpected good news is always welcome