says, "Companies that trade on the OTCBB will require Cash/Cheque. "
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Horsehockey
Shykora CEO since 2008.
Don't believe the lies.
https://www.macroaxis.com/invest/manager/FRGY.PK--Rick_Shykora
CEO, CFO
Mr. Shykora is Chief Executive Officer Chief Financial Officer of Frontier Energy Corporationration He is a business consultant specializing in corporate governance business development and regulatory compliance. From August 2007 to the present he was responsible for corporate governance for Diversity Group International Inc. From June 2007 to the present he was a managing partner of MSK Holdings LLC. From October 2007 to the present he was a consultant for the Registrant in matters of business development. From September 2006 through July 2007 he was the CEO of Sigma Global Corporationration From March 2006 through December 2006 he was a consultant for business development for Ifinix Corporationrationration. From March 2005 to January 2006 he was a consultant for corporate governance for AutobidXL Inc. From November 2003 to June 2005 he was a manager in charge of regulatory compliance for Sure Trace Security Corporationrationration. From January 2003 to September 2003 he was in sales and business development for Walton International Group Inc.
CEO Since 2008
What's the Over/Under on number of days before SEC suspension?
Over 100m shares on a ticker that's over 7 years delinquent in filing?
By/before Friday, my guess.
Number of Times 'Hoover' mentioned in 10-K:
Zero.
Notes and Loans Payable to Related Parties – Maturities
The total amount payable to officers, directors and related parties as of December 31, 2015, was $2,064,034 including accrued interest of $472,088. The notes and loan payable to related parties mature during 2016.
plug in PTOI and choose Accumulation/Distribution line as an "indicator" and pick a couple year time frame...you'll get the same DD I got.
How are they *not* paying a royalty to use Hoover's brand?
Absence of evidence is not evidence of absence.
And, it's not a case of not realizing they can sell the same thing under two different brands: they consciously decided to stop promoting 'Capstone' in favor of 'Hoover', a year ago. Didn't build, didn't market, didn't ship LED products with the Capstone brand to new sales prospects.
Sales suffered, results suffered, stock suffered. For what again? Where are we, a year later?
How's that Hoover branding working out for you, Stewart? Maybe another NASCAR/Nationwide sponsorship is in order...
Remember when things were going great, with a couple of solid quarters
and then they stopped selling/promoting the Capstone brand, because, we find out, they're licensing the Hoover brand?
Couple of really bad quarters, but, it's all good, because they're ramping up the Hoover brand? This is all about a year ago.
Here we are a year+ later, and they're back to pushing the Capstone brand, with no Hoover in sight?
Something is not right here. Tell me they haven't pulled another STPTools-like flub.
Nah, I still say it's Involve, slowly burning off their stash
without inside knowledge.
I believe they converted to common to dump the shares, having given up on whatever investment thesis that caused them to plunk down $700K.
Now, 67M is a lot of shares to dump on a thinly traded penny stock like CAPC. Can't dump them all at once.
They'll take what they can get, from time to time, as the bids backfill (stupid retail, paying upwards of 2 cents per share, when they can get it from Involve LLC for around a penny, with patience).
It would be nice to know how many shares they have left.
One thing to pay attention to: how will CAPC close their current accounts deficit? (that's how Involve LLC got involved in the first place - their $700K investment wiped out a similar deficit amount in current accounts way back when).
One thought is Wallach et al will just take another huge chunk of shares, when the time is right, possibly giving them absolute majority vote.
Then maybe they eventually take it private, down the road.
Caveat Emptor!
I thought the bulk of Howard's shares were picked up by Wallach
No?
Not really tough to determine, DD.
Who else can sell into the bid profitably down to a penny?
Every time I see these dumps, I think: Involve.
KerFloosh!
I still say Involve LLC is parting out their 67M share stash.
They're green right down to .0103 (someone took ownership of ~397K shares at a penny).
Win-Win (as long as the bottom fisher has patience, and CAPC doesn't screw the pooch in 1Q/2Q).
But wait! There's more!!!
Says the LLC is domiciled in NV, but NV SOS doesn't show that.
PTOI isn't a pyrolysis company.
They've been dormant for more than one year.
They forgot to heat the cooling water loop, and it froze, as ridiculous as that sounds.
They let water get into their used oil tank, and when they added it to the 400C rotating kiln, the kiln exploded out the safety valve plate. They haven't bothered to fix the machine to this day.
Scam, from day one, run by scammers, and promoted by penny stock scam promoters.
Nah, They achieved a freeze out.
Thanks CEO Rick H for not accomplishing a single thing in 2015 with PTOI...
Lets hope you get off your A$$ and do something productive in 2016.
Remember When...
Bordynuik said he'd get paid to take plastic, that his machines could process unsorted, unwashed plastic, that he could make Oil for $10 per barrel, all costs in, and production HALVED!
That a machine only cost $80,000, and took up only 1000 sqft? Remember he was going to roll out 2500 machines nation-wide in a few years?
Remember Bordynuik's Profit Matrix?
Bordynuik is secretly chuckling to himself at the greed and stupidity of his marks.
It's going to be another nice Christmas and Prosperous New Year for Bordynuik's clan.
If he could be here himself, I'm sure he'd thank all the PTOI investors for being such generous, gullible rubes. And, thanks for not suing him and Heddle directly.
Remember to take solace when this trades into the 2 cent region
That John Bordynuik extracted millions, and his rear is safely ensconced in rich Corinthian Leather, and he gets to use the Full Service station to fill up his Hummer with 93 Octane.
I mean, that's gotta be worth something, right?
FRGY is past due to be revoked for failing to file
They're more than 6 years late filing 10Qs and 10Ks.
It's SEC Roulette now...whenever their ticker pops up on the Wheel of Revocation.
This was never more than a pump and dump stock promotion. SEC should end it.
So, if/when Heddle takes the Thorold property, that's a material event, right?
Wasn't the Mortgage principal/interest due in full today?
Here's to what PTOI files next. <snicker>
10 million shares dumped for .000001
That's 10 bucks, right? Would have cost $1000.00, if the owner were lucky enough to purchase them at the low, low bargain price of .0001, right?
Yeah, this baby's going places...R/S land.
They will keep up the facade until the statute of limitations runs out for Fraud
Heddle just playing out the string...patience, this is headed for liquidation, after he can't be reasonably sued.
As most are aware, there is an ongoing effort to cover for John Bordynuik's fraud.
As a reminder, John Bordynuik was contractually obligated to return most of the 40 million shares he bought for less than a penny a share (and with borrowed money). His story about wanting to limit dilution was a self-serving ruse.
In order to remove his Form 4 reporting obligations, he 'gifted' just enough shares to fall under 5% (and conveniently got himself an officer bar).
The ultimate failure and liquidation of JBI, Inc. won't affect his already banked millions.
He probably chuckles to himself when gassing up his Hummer at the Full Serve station.
Bordynuik was in charge of running the machines.
He was responsible for leaving the plastic outside, along with its procurement and disposal.
There's a cross-eyed picture of him standing in front of the plastic bins outside.
All of it in violation of their solid waste permit.
a half million gallons of fuel isn't enough for you?
Heddle poured millions into this, he even thought it was going to succeed
What exactly did he get for his part in the P2O Ships deal? Free trading shares? What was the share price way back when Cappy Mike was fixin' to shove off on the Great Plastic Sea Cruise?
I think a full accounting is in order.
Probably won't ever happen. The Rubes^h^h^^h^h^hInvestors that Bordynuik picked out are very compliant.
Mmmm, 0.0479
Dat's a High Bounce! Here's to the Reset to the Threes!
The problem is that Involve LLC can put in a sell at 0.02
and get almost 100% return.
And they're sitting on tens of millions of shares.
Dunno why people are so eager to make them 'coin' by buying their shares.
And it's good to remember why Involve LLC got 67M shares at 0.0103...CHDO was upside down on their current accounts roughly $700K. Involve LLC's purchase of 1000 Class C shares pretty much wiped out that deficit.
Now they're CAPC, and the last report puts current accounts about $800K upside down.
It's good money for Sterling and the insiders to finance new inventory procurement, though.
Insiders get the double benefit of being paid to oversee this money machine.
Win/Win.
Form 4 NOT required
They are neither 10% holders nor insiders. Their cost basis is 0.0103 per share.
Of course they're the ones with shares to sell (my guess).
press release (should have?) included the additional $3m in Q4 revenue's,which will bring 2015 sales to a total of $15.5m
Could you show your math, DD?
from yesterdays release Wallach stated that
second half of 2015 would be 85% of 2014 full year results"
They did 13.6M last year so that should leave about 5M for the 4th QTR.
85% of 2014 full year results is 11.5M
11.5M - 7.75M (3rd Q rev) = 3.75M
Well, that escalated quickly
Someone hit the bid at 0.031, wiping it out, and then a few shares went off at 0.0201.
Back to 0.031 last trade, but the Ask has sagged to 0.030. Bid is really weak at 0.0201 at the moment, 57K shares.
Caveat Emptor
Or more likely, the pilot hasn't been run because ECO hasn't lined up the money.
Can anyone find the actual profile and recommendation on either
Citigroup's site, or Credit Suisse's?
You're Welcome
and I'll continue to point out the indicator has been manipulated by end of day paint trades.
Buyer Beware! Stock Fraud is a serious issue.
Actually, the math shows I'm 100% right.
The indicator is summed daily. Each time the end of day paint changes that day from a distribution to an accumulation, the indicator is adulterated.
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:accumulation_distribution_line
Calculation
There are three steps to calculating the Accumulation Distribution Line (ADL). First, calculate the Money Flow Multiplier. Second, multiply this value by volume to find the Money Flow Volume. Third, create a running total of Money Flow Volume to form the Accumulation Distribution Line (ADL).
1. Money Flow Multiplier = [(Close - Low) - (High - Close)] /(High - Low)
2. Money Flow Volume = Money Flow Multiplier x Volume for the Period
3. ADL = Previous ADL + Current Period's Money Flow Volume
The Money Flow Multiplier fluctuates between +1 and -1. As such, it holds the key to the Money Flow Volume and the Accumulation Distribution Line. The multiplier is positive when the close is in the upper half of the high-low range and negative when in the lower half.
The major one I'm watching is the ACCUMULATION, and that's been going upward for several months.
As has been mentioned multiple times before, the end of day paints have manipulated this indicator.
By closing the stock above the mid-point [(High+Low)/2], what would have been registered as a 'distribution' becomes an 'accumulation'. Each time this happens, the indicator is skewed higher and higher.
I believe the painter is aware of this fact, and is intent on skewing this particular indicator.
Buyer Beware!
it's 's probably someone trying to get some attention for some reason or another and probably laughing their head off because it's working.
Nice to see CAPC close out the week Green at .0198
you forgot processor sales