My posts are only my own opinion. Do not rely on anyone! Do your own DD until satisfied!
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Happy 4th of July everyone!
Wishing you all a prosperous future!
NEW YORK, NY / ACCESSWIRE / July 3, 2018 / Energy plays Camber Energy and New Concept Energy were both soaring in Monday trading.
Camber Energy is still seeing traders react to last week's news that the company is selling a "substantial portion of assets" to an undisclosed buyer.
Richard N. Azar?
Azar still remains a member of the Board of Directors of the Company.
Cause they're in San Antonio?
Let's see if there'll be a ticker change?
Companies in stock-for-stock mergers agree to exchange shares based on a set ratio. For example, if companies X and Y agree to a 1-for-2 stock merger, Y shareholders will receive one X share for every two shares they currently hold.
Y shares will cease trading and the number of outstanding X shares will increase following the completion of the merger. The post-merger X share price will depend on the market's assessment of the future earnings prospects for the new entity.
The share prices immediately following the merger announcement usually reflect the exchange ratio, fears of dilution and prospects for a smooth integration.
If X and Y shares are trading at $20 and $8 pre-merger, respectively, X shares may drop to $18 after the merger announcement because of dilution fears, and Y shares may rise to $9 to reflect the exchange ratio.
Any clue who CEI is merging with?
Looking for a new entry. Sold earlier today at .94
Is CEI goint to make us rich by 4th of July??? $$$
Anyone has good recommendations?
Looking for a brokerage co who has the best platform up to the last speed charts. Also good for penny / sub penny day trades.
Thanks!
Do you have the full posted article?
Nice! Important step toward commercialization of $RBNW air purifying #LED light fixture.
Today's sell off was pretty normal and expected to me, after being up from .23 to $180 in a few days.
Let's get some good follow up news soon!
IMO.
Why would it, after being free of dept? But again anything can happen.
Camber Energy, Inc. shares closed up nearly 87% on almost 85 million shares traded on Thursday and saw even more gains in after-hours trading.
It was earlier in the week that the struggling independent oil and gas company announced the execution of a non-binding letter of intent on June 25, 2018, in connection with the disposition of a substantial portion of its assets in exchange for the buyer's assumption of all of Camber's debt with its bank, International Bank of Commerce.
The company said the buyer is a company that is affiliated with former Camber CEO Richard Azar and board member Donnie Seay. Interim CEO Louis Schott said the sale will help the company achieve compliance with the NYSE. He remarked, "This transaction will position the company to improve its balance sheet by substantially reducing or eliminating its long-term liabilities.
Once this occurs, the company plans to pursue growth in its remaining assets as well as additional acquisition opportunities."
All I have is opinions based on what's in the news and what I know about the company.
If all opinions, hopes and beliefs turned to reality, we'd be millionaires in no time.
Don't rely on anyone's opinion to lose / make money. Do your own due diligence until you're convinced before you make your move.
IMHO.
Cheers!
Yes and that's why it went up to $1.80 yesterday.
Camber Energy Announces Execution of Letter of Intent Relating to Asset Disposition and Assignment of Debt Press Release | 06/26/2018
This news will have good impact, and more good news will probably follow next week. With new CEO. IMO.
No they changed name and ticker. It used to be "LEI" Lucas Energy.
Camber Energy Inc
4040 BROADWAY SUITE 425
SAN ANTONIO TX 78209 USA
P: 713-528-1881
F: 832-446-3916
DESCRIPTION:
Camber Energy, Inc. is engaged in exploration of crude oil and natural gas. The company is primarily focusing on the development of Eagle Ford and Austin Chalk in Texas. Camber Energy, Inc., formerly known as Lucas Energy, Inc., is based in Houston, Texas.
I traded this co when it was Lucas Energy LEI.
It will run very hard when it does. I remember it running from around $3 ish to way over $10 in no time.
CEI. Nicely staying strong AH.
CEI Staying strong after hours, .93 now. Maybe will gap in the morning!
This was trading at over $10 like crazy a few years back. Possible it could go there again?
Can you please post where it says reverse split is coming and when?
Really, who's buying and why? Anyone have answers?
Wow! I've held this for years and couldn't get rid of, yesterday and today sold all of it.
Had a GTC sell order and din't even think I could sell those mils I was stuck with.
https://www.otcmarkets.com/stock/SPRV/profile
Well, if I made a mistake to sell, I can always buy back.
Before I make a buy decision, I'm looking at this co. says defunct. Many years of no news/income/filings. How can this co have the funds to buy such a profitable business? With what? Sounds like just air to me. Like a chicken with no head!
In one news said https://www.otcmarkets.com/stock/SPRV/news/Supurva-Expanding-on-Business-Model-to-Create-Apps-for-Dairy-Industry?id=142965Supurva Expanding on Business Model to Create Apps for Dairy IndustryPress Release | 10/20/2016
Nothing happened. No money to be able to purchase such business.
It seems that this news is just air.
Just be careful! IMO
Got it, thanks!
What is today's PR?
I hope so, waiting patiently for success! LOL.
Bernard Findley, Chief Executive Officer
For the past 20 years, Bernard Findley has been working with small- to mid-sized businesses. The first part of his career was spent capitalizing on growth opportunities, during which time he would build up sales and sell recovering businesses. Over the past five years, Findley has rolled up and subsequently exited 16 brands that, without his guidance, were on track to go bankrupt or out of business. Today, these brands still exist and are operating under new owners.
Prove it Bernard! Go HAON!
Not a bad idea, if Findley stays on top, has good management discipline, and has the charisma and great ideas to advance the company on his own.
Good luck to us! We'll hopefully see great new prosperous projects come to fruition.
He also likes to "working for non for profits"
Most of them are saying, they like traveling, having a good time. No business ambitions!
Here's what Luis is saying: A couple things about me is that I love family, its one of the biggest thing I value in life, and the other is that I love to travel, getting to experience new things is what keeps me going in life, meeting new people and learning of their stories and what drove them to get where they are is just incredible.
They all sound very business minded professionals, they sound like "go getters" LOL.
Let's buckle up and see how far lower we can go now? Or how much higher sounds better!!!
Was there an announcement that the staff will be changed? And why?
The new staff for sure will leave more of the profits to Findley if they don't mess up and lose some of the existing business.
In a way I'm glad the previous staff is gone, they looked way over qualified in their profile and weren't going to be cheap to keep them. In time they were going to eat up all the profits.
Probably they were a big cause of the share increases cause they took most of it.
Findley will probably be the man who has the last say so, but looking at this new homemade website, he doesn't show that he cares that much, you won't attract new business or 425 retail store owners to give you the business with a home made website. Even though Lloyd one of the staff says he's been designing websites since high school. Show us what you can do Lloyd? Doesn't cost money!
It's been way too long this is stuck at .0001 - .0002 we need something pretty substantial to move this stock.
Come on Findley take your vitamins on the double.
What happened to the dozen of suited exclusive, CEO/Executive officers / Sharks that were brought in last year to upgrade the company supposedly?
These new guys look so green in their profiles for handling business, but at least we hope that they aren't going to suck the co's blood like the previous sharks. Aren't they in the picture anymore?
Ayyyaaaa... You can even see the guy in the picture taking a picture of the business entry (D) door. It looks like Bernard Findley "pretty professional presentation" wouldn't you say? Ayyy... LOL.
Go HAON!
Good work! Thanks!
Thanks!
Did you visit them by any chance?
http://www.vivalivetv.com/offers
OTTV a real existing company.
Nice! What do you need to download? Is it Spanish channels only?
I'd look if it's a small 2 people only office or a warehouse with their own equipment/inventory. How many workers are they, look at the activity.
Maybe ask like what is their future plans, are they pretty active/busy. Where do they expect RBNW price to be in the near future. Are they getting good solid big contracts. " lots of cannabis growers in Vegas" and " also there are lots of solar panel roofed houses in Vegas"
It's a lot to ask but you're a neighbor who is supporting their stock, lol.
I live in Henderson about 35 minutes from their posted address.
Good luck! Let us know what happens. Cheers!
http://www.vivalivetv.com/offers
I get his kind of ad emails from them pretty often.
No contract, no rental fee!
OTTV should be doing good with "Russia 2018" sports broadcasting.