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Yes.....15.5 ml. Float .....I posted quite a bit of info on the intro page....and on twitter as well....this play is way under the radar....
Got a few “sell the news” crowd getting out today....so be it
$MKGP now OTC Pink Current! They should be putting out some Killer PRs over next 2 weeks ...one of which should be a RM with Watsonenergyinvestments.com .....quite a bouncy ride so far....but i see blue skies ahead
.....and....after coming off greys last year, we are now...OTC Pink Current! I expect some great PRs over the next 2 weeks!
Ok...what I see listed as Q1 report today looks more like a disclosure statement, as there’s no balance sheet with it....I guess they still need to upload that....plus atty letter....but since Q2 is due in like 12 days, maybe they should just get that one done too before filing atty letter.... that’s what $ M K G P just did...
Very rare to see filings on Saturdays ....I like these guys work ethic....they are trying to get all the pieces in place
Yep...attorney letter already posted on otc markets ....now it’s just a waiting game
Nice close...looks like you had a fellow last second slapper join you as well
Nice bids btw....wow
Yeah....that’s the kinda BS that’s been going on lately
Somebody doesn’t want this to close above .055
Yeah...it happens.....I’m hearing several peoples bids are not showing on L2....this has been happening for a few weeks now...and it’s a bit annoying when You’re the highest bidder and nobody can see your bid to fill it ....
Sweet! Congrats ! Let’s make this ticker go Ham! Hahaha
I was kidding....if nobody wanted to slap 50k , I figured we could all slap 2-3k each .....haha haha
Well...everyone slap 3000 shares each and we will take down these guys!
There aren’t many shares available as longer holders have locked up this float pretty well imo
Definitely....I’m certain we will....and I believe that people will be blown away.....plus oil still slowly rebounding
Wow....ghost town in here so far today...looking pretty good so far....got a little wall here in the .07 are to get thru next..maybe if we get current tomorrow we can get through it easy enough
You’re welcome, just want to make sure we were as current in here as possible....quiet now, but over the next 2 weeks we should see possibly a few hundred new posts in here.....
Anyway....I updated the intro page etc....we should have a bit more traffic this week
We should be OTC PINK Current early this week!
Maverick Energy is currently trading as "Pink no Information" after being promoted from just a Grey Sheet stock in December and the thought here is that some day the company will either restart operations or some other compan(ies) will roll in here via reverse merger.
Authorized Shares: 250,000,000
Outstanding Shares: 131,094,189 (I confimed Share Structure with new Transfer Agent on 5/11/20)
Restricted: 115,610,039
Unrestricted/ Float: 15,484,150
Company Info link https://www.otcmarkets.com/stock/MKGP/overview
Nevada Business Listing:
The company continues to maintain a current status with state of NV for the company.
Recently, the officers have been updated at NVSOS..
Many of the officers and contact addresses/phone numbers are the same for Maverick Energy as they are for Watson Energy Investments http://www.watsonenergyinvestments.com
This has led to speculation that these 2 companies may be merging together here....Thus the price jump from .0001 to .0998 recently
It would take a lot of effort for these companies to merge, first order of business is that they need to be current in their filings to become pink current
The final steps would be to merge together...this is all highly speculative of course...and may take a few months to complete...
The ceo just updated the corporate webpage ! many questions have been addressed...
http://www.maverick-energy.com/mkgp-founder-announces-new-team-members-and-transfer-agent/#respond
http://www.maverick-energy.com/authorized-share-reduction/
Maverick Energy Group, Ltd. (OTC Markets, MKGP) is pleased to announce that its Board of Directors has begun work to re-establish the company with OTC Markets starting as a Pink Sheet Non-Reporting company. The following are steps in this process. Mr. Richard Bednar and Mr. Brice Bogle have stepped down as President and CFO respectfully. The company appreciates their work and support of the company. They contributed greatly to maintaining the company’s status during the past lull in activities.
While both have private interests that preclude their maintaining an active role in the company, they have expressed their continuing support going forward. Mr. James McCabe will serve as President and CEO while Ms. Christiane Lopez will continue to serve as corporate secretary and investor relations. We have a wonderful group of professionals that have joined the company whose descriptions can be seen at maverick-energy.com.
The company has been able to move the company back on the Pink Sheets recently and has also retained Mountain Share Transfer as the company’s new Transfer Agent. We are bringing the corporate financials up to date to be current with OTC markets. This should be completed within the next few weeks.
Maverick is currently the operator of over fifty wells in the seven thousand acre Big Foot Field located primarily in Frio County, Texas. The company continues to operate wells that it drilled prior to 2012 known as the Larremore in Caldwell County, Texas; the Hudson and Digman in West Virginia; and the Crouch Lease in Frio County, Texas.
These wells continue to produce a small amount of revenue for the company. To accomplish the steps necessary to be current on the public side and to move foreword on the Operational side, financing is always key. In this regard, Mr. Reed Morgan has joined the company as head of Business Development, Finance, and as a Director. With Mr. Morgan’s help, the company is currently in its refinancing stage. Concerns regarding company financing may be directed to the following email addresses:
Mr. Morgan
greystonenash@gmail.com or
Mr. McCabe mavoneg@aol.com.
Going forward the company plans to build the company on proven business models of quality oil and gas acquisitions in North America that have upside developmental potential. The company plans to use horizontal drilling, with the expertise of Mr. David LaPrade to bring an economic force multiplier to the company’s acquisitions and development.
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Maverick Energy Group, LTD is please to announce the Board of Directors has approved an Authorized Share Reduction of 250,000,000 common resulting in the new Authorized Shares amount of 250,000,000 shares. This represents a 50% reduction, and was submitted and accepted by Nevada Secretary of State.
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Since our last update, Maverick has been working on two aspects of bringing the company up to date with OTC Markets. We have accomplished the legal, accounting, and regulatory requirements to restore the company’s listing and have filed with OTC Markets. Currently, we are waiting for their reply in order to move to the next stage, which will bring the company’s financials up to date.
Over the next few days, Maverick will begin posting the financial reports that we will be filing with OTC Markets once they respond to our initial filing.
Maverick continues to work with various entities to fund its acquisition and development plans. The company has made progress in this area and is continuing these efforts.
Having survived downturns in pricing and oversupplies like the one the industry is experiencing, we recognize the opportunity for Maverick to take advantage of distressed assets, accumulate leaseholds on great terms, and develop leasehold assets at favorable pricing. Given our strong and talented management team and partners, the current environment provides an appropriate opportunity to execute our business plan and prosper.
THEY NOW HAVE A TWITTER ACCOUNT! https://twitter.com/mavmkgp keep tuned for new developments!
Great Updates...we now have a new Transfer Agent (Mountain Share transfer), Financials coming over next few weeks to become Pink Current, A greatly reduced AS at NVSOS (completely unexpected, some old execs stepping aside, and a great partner in USR Drilling...whose President is now a director per website...J David Laprade....this company is ramping up efforts as oil prices appear to be making it more economically feasible to get their wells online again...amazing progress and so far under the radar...
http://www.maverick-energy.com/about/
Im not sure on the number of employees or revenues for their partner USR Drilling yet...Ive seen some sites that said somewhere between 73-373 employees worldwide...also saw one site claiming $12ml revs....cant verify any of that for sure....but they do have a website
https://www.usrdrilling.com/ they have operations in at least 6 countries
https://www.usrdrilling.com/contact.html
These 2 CEOs are friends so Im assuming a partnership has been agreed to at the very least....Im not ruling out a chance that USR could somehow combine into these other 2 oil companies somehow....that would be best case scenario !!!!
FILINGS STARTING TO SHOW UP! More coming !
http://www.maverick-energy.com/2012-financial-report/
http://www.maverick-energy.com/mkgp-completes-initial-filing-with-otc-markets/
Just need the codes from OTC Markets to allow access their databases and we can get current again !
*Big bids are starting to show up....I saw a million share bid on 5/22 at .011...This could be quite a summer run coming !
...Especially with a small 15 ml share float getting locked up more every day...and oil continuing to climb back up! Once the .02 wall falls, shares going to be hard to get
As always, do your own due diligence
Boom! $MKGP atty letter hit today! (Saturday) Should be current by tuesday i would think...loving it! https://backend.otcmarkets.com/otcapi/company/financial-report/253384/content
More amended financials just hit otc markets....they gotta have the letter coming after all of those...
Yeah....somebody else wants some....04/.0401 might be the sweet spot
Now that’s patience!...hahaha
Also on the plus side, that sell off definitely cooled our chart down nicely
good to hear....like to see the longs get all the shares they want before this takes off
Well...i guess somebody wanted out and market sold us way down....theres one in every crowd...they need to get this damn atty letter out!
I will probably update the intro box Sunday night....as we may see that atty letter and who knows what else tomorrow or even Saturday...loved the good volume and the late buys at the bell that printed as AH Trades a few seconds after the bell...it should be a great week coming up as more eyes find this...We could easily close near .06 tomorrow...cant wait
Thanks...I will be holding a bunch of $MKGP for a while as I'm practically holding free at this point anyway...They filed their new officer list today at nvsos, so I am thinking this will really move fast next week...i will say that the OTC this summer has been amazing....the $ volume traded these last 2 months in The OTC is WAY higher than normal...Mostly due to more people being home to trade and few people able to go on planned vacations..could be a record year for me....
I guess the market liked that new filing...
I just received notice from nvsos that a new officer list has been filed with them today....it isn’t visible yet on main page ...probably tomorrow
Atty letter just hit otc markets late yesterday...could be otc pink current by tomorrow
$MKGP upgraded from Pink No info to Pink limited....just needs atty letter and it should be current within 2 days after...sweet
Awesome! Just need that atty letter and usually 2 days later we should be current ! Then they can start releasing updates
They finally corrected the AS on otc markets site tonite to 250ml as well....they are dotting the i’s and crossing the t’s...it’s all coming together
I guess we had a 50k dump....probably not the best time to sell
$MKGP just posted q2 2 weeks early...just needs atty letter now to go current! https://backend.otcmarkets.com/otcapi/company/financial-report/253044/content