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Well....we closed green....selling volume really dried up....time for the company to come thru....charts cooled off for the next leg up....
Sellers about done here.....003 should hold and we can start slowly moving north again
L2 is much thinner than people realize...the MM will be blindsided by the events coming here....sellers almost done....low volume...the guys with bids at .035/351 got some fills....this is about to move....end of the week could challenge .10 if those filings and atty letter all hit this week
Anyway, enough negativity....management will be making progress this week...we should be current by end of the week ....if someone thinks it’s time to sell now, so be it....
https://www.otcmarkets.com/filing/html?id=14269711&guid=gPEFUeOSEzOPL3h
New 8k out.... looks like they hAve approval /reg #
Still only 1ml shares in the float!
I got inboxed that several people have good size bids in above .033 but they are not showing on my L2 or theirs....that should NOT be happening....complete MM games
Let them off the bus now....ask just opened up...GTSM left after he got hit for 100 shares! Plus csti moved back to .0794 ....we can easily close green with one brush stroke from Mr. Picasso today!
I get not holding for long....but...market dumping 100k into the bid? Just break up your sell into 25k batches or put a limit sell in at .042 and leave it.....just throwing away money...clearly a novice trader
And still we have big dumpers here....smh...clueless people
AGREED...this stock float is getting locked up a bit more everyday...once we break .10 and hold that level....we will attract even more attention imo...I'll take 20% stock price appreciation everyday...no hurry....
I read the 7/9 PR again and it appears you may be right....that they were waiting to get Q2 fins ready before attorney signs off on everything (including also issuing additional disclosure statements for 2017/18/19)
This attorney is obviously doing things thoroughly and wants company to be as transparent as possible. Not only that, if Q2 comes out over next 2 weeks we would be the most up to date company out there....q3 wont be due until mid november! These guys arent clowning around..they are doing things slowly, but correctly imo....Im loving them lining up 3rd party project financing too! anyway, here is the PR again....
SUPPLEMENTAL INFORMATION
Shareholder Update
On July, 7, 2020, Maverick Energy Group, Ltd, a Nevada corporation (the “Company”), is pleased to update its shareholders with the progress the Company has made since the 4th quarter of 2019. To bring the Company into good standing and current with OTC Markets, management’s initial task was to locate and sign a new Transfer Agent (TA). Mountain Share Transfer, LLC was engaged to provide TA services going forward. Once this progress was reported to OTC Markets, the Company was moved from
the Grey Market to Pink No Information, which allowed the Company’s common stock to be traded more widely among investors.
Management continued to prepare the Company to become Pink Current by filing all missing financials from 2012 to the present. In early June, the Company posted fiscal year ends for 2017, 2018 and 2019. In addition, 1st quarter 2020 financials were posted on June 17, 2020. As a result of this progress, the Company was moved from Pink No Information up to Pink Limited. As of today, the Company is preparing 2nd quarter financials for 2020 and Disclosure Statements for 2017, 2018 and 2019. The Company’s securities attorney, Mark Pena, will be issuing an Attorney Letter with Respect to Current Information for all fiscal reports. Upon approval by OTC Markets, the Company will become Pink Current and further expand its investor reach.
With the shock to the oil industry in the spring due to the Covid-19 pandemic, several significant opportunities are being evaluated by management for important company growth. Maverick is in a unique position to take advantage of these opportunities. With practically zero debt and access to over $50 million in project financing, management sees 2020 as the beginning of building a profitable oil and gas company.
In a private transaction closed on July 3, 2020, James McCabe, CEO of Maverick Energy Group, Ltd, purchased 34,438,039 shares of common stock from three separate shareholders. This purchase increased Mr. McCabe’s holding to 82.1 million shares of common stock, representing 62.6% of the outstanding common shares.
The Company has duly caused this Supplemental Information to be signed on its behalf by the undersigned hereunto duly authorized.
Dated July 8, 2020.
/s/ James McCabe
Chief Executive Officer
Maverick Energy Group, Ltd.
Well...it looks like somebody dumped out of a 25k position today....but we still closed flat on a Friday.....we should be getting a new update probably next week...you gotta hold these 1 ml floaters down here....these new plays take time to develop
Nice close...we chewed thru all of the 4s today....volume pretty light....next week we keep slowly chugging north until catalysts start hitting, one after another....this will move nicely soon enough
Somebody painted the open up....but it’s nice to see...we will get over .08 by Monday at the latest I’m thinking
Wow...nice....
Yeah...if the price was accurate, that would be the cherry on top here for longs
The $15ml figure seems to be originating from Discord and the Twittersphere so far...no known direct link at this point...it is entirely possible, but since this ticker is not SEC Reporting , we may not get the details until q3 fins come in November
$mkgp came off greys on 12/20/19
Somebody just had to paint this down with 4 seconds to go...classy
Weeeeee. Just broke .05 resistance !
Check out the Dd I posted in intro box
I called TA on 7/2...they said unrestricted tradable was 15.5 ml shares .....this will move...once they get current next week and mention the acquisitions and Rm...then we fly
The actual tradable float here was 15.5 ml shares on 7/2 .....find a few more people that see the value here and this can breakout above .10 and go blue sky easily
Crazy....this will go once we get a few more buyers...once it breaks .10 it could get nutty
Yeah...it still needs more exposure....they will get current next week and then the PR about merger/acquisitions should start hitting
Yeah...I heard they were uploading info to otc markets too, but I don’t see it hitting there yet
Nice update from $mkgp.... has secured financing, current soon, and ceo bought out other insiders shares ! http://www.maverick-energy.com/wp-content/uploads/2020/07/MKGPSupInfo070820.pdf
No sellers today....L2 looked real nice....this is primed and ready for a nice run....shares are getting tough to get...this would be perfect timing for management to get something positive out to the shareholders....
How is max dilution only 8 ml shares? With today’s obvious dilution, the OS is over 1.5bln shares....EACH note holder can convert 5% or 75ml daily....they usually have a look back period 20-30 days where they can convert at 50% of the lowest closing or traded price during that period....which means the conversions are no more than .005 most likely....unless there is some other formal overriding agreement in place, that’s how this usually works....
The shares got bought up....no worries...
I know he is sketchy and has a checkered past.....I’m still green on this...it’s just an amazingly low tradeable float....1 ml shares and no dilution happening....boring, but it could move quickly if they make any more progress here
I like....$12k on bid ...might be a little low, but I doubt they get filled down there
Yeah...SS is scary large....but....they are saying another company coming in here....should be interesting for sure...if we see huge buys coming in, we will know somethings up...they gotta chew thru a billion shares just to get to .0002
Someone inboxed me saying BAYP was supposed to have new filings hitting soon
$MKGP went off greys 12/20/19...they will be pink current this week...attorney letter coming...this trades thin with a 15.5 ml tradeable float...oil industry...no debt either and they have another oil co coming in via RM after they get current...time to grab a lotto here...imo
I’m using TD ameritrade mostly....I think it’s like 3.95 a trade...I’d have to check...whose your broker? I’m pretty sure Schwab will officially be taking over TD, so who knows after that?
That’s a very generous offer!
Just curious....did anyone see what price AEXG was on L2 ask just before close today?