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Called my broker for best offer...
$1.01 x $6.25
LMAO!!! Looks like nobody's going to be selling right now...unless you just want to lose everything. Let's see how that spread improves in a few hours. What a load of crap.
I must have been drinking heavily when I wrote that post...nobody comes out ahead in this deal. There will be blood in the streets tomorrow. Good luck to all.
Well, my average is .35/share right now. If they do this reverse split, which it looks like they will, and it ends up being 1/100 with $4.50/share bottom...I would actually come out ahead in this deal if I'm doing my math correctly. Never been involved with a company that did this before, so I suppose I''m just going to wait it out and see what happens. I don't really envision me coming out ahead in the near term, but I'm holding this one. Might as well.
If I read the 8-K correctly, they voted in favor of the reverse split(s).
Proposal 2
Votes cast for the approval of an amendment to the Company’s Certificate of Incorporation to effect up to two reverse stock splits of the Company’s Common Stock as determined by the Board of Directors were as follows:
Votes For Votes Against Abstentions Broker Non-Votes
439,183,524 8,620,124 576,575 0
Looks like about 50:1 in favor of the split(s).
Just noticed this stock has been halted...hope everyone got out today in time after the nice move up!
Awesome day here today! Finally getting some decent volume AND price action to boot. I see the MACD has flipped and the RSI is definitely in the power zone. Just looking at the chart, WGAS has lots of room to run!
Good luck, and go WGAS!
Watch the first 15 minutes of trading to see if it holds $2.00 first. That seems to be a weak resistance, but also a strong support, and we're sitting right at it now. Next resistance isn't til about $2.11-2.12 or so, then $2.27, at least that's how I read the chart. Good luck.
News should be due out very soon regarding Gretel II, Australia II and Defender. Great news on flow rates could easily send this back to $3.00, IMHO.
I hope so...saw a few big blocks go through the other day (4/19). Hard to imagine any other sellers down here other than them or others compensated in shares. Regardless, I see the value in this company, and oil is a hot commodity right now, especially domestic oil. Being a realist though, it might be several more weeks or even months before we start to see a real move upwards. I hope I'm wrong.
WGAS
I think we're seeing a reversal here. Need some good news, if that's possible for them to deliver. No more stuck perforating guns, no more pumps that don't work...just lots of flowing oil. Is that really too much to ask? LOL.
SSN
Great news today! Just got to the hotel tonight after a long day...nice to see some good volume and a move UP. Even though we are only at .025, we have so much potential here it is ridiculous.
Hopefully, Ironridge will ease up on the selling and let this move up now. I also don't really want to see any more penny newsletters promo'ing this one. We don't need them.
Good luck, and go WGAS!!!
Great news today! Got a PM from Button wondering why news wasn't posted on iHub...well, it wasn't on OTCmarkets.com either, and it doesn't show on Yahoo finance either. If he hadn't PM'ed me, I wouldn't have seen it either.
I put a sell order in at the ask the other day at .08, but took it off 2 hours later. Not selling now! Just want to see some more volume in this stock. Very frustrating to see it trade zero volume for days at a time. Glad to see it's getting some attention again. Maybe the stock price will finally reflect the true value of this company, which IMHO is well over $1.00.
Go PAOS!
LOL...it is kind of high-priced, but based on their past record I went long at 1.61 today. Stock Haven chat room broke the leak this morning. Some guy happened to find it on SMA's website. Epic find! I only bought 1,000 shares, but will probably add on Monday if there is a dip. I imagine we'll have a huge gap up Monday too, and $2.00 isn't far away.
GLTA, and go SEFE!!!
It's still actively trade-able, they just don't have to file anything with the SEC anymore.
HWIC is going dark. Good luck to all in this POS.
HWI Global, Inc. Intends to Deregister as SEC Reporting Company
http://at.marketwire.com/accesstracking/AccessTrackingLogServlet?PrId=876386&ProfileId=051205&sourceType=1
PITTSBURGH, PA -- (Marketwire) -- 04/18/12 -- HWI Global, Inc. (OTCBB: HWIC), the Pittsburgh-based clean room design builder, today announced that it intends to deregister the Company's common stock under Sections 12(g) and 15(d) of the Securities Exchange Act of 1934 (the "Exchange Act"). The Company is filing the applicable form with the Securities and Exchange Commission ("SEC") to deregister its common stock under the Exchange Act today. As a result, the Company's obligations to file annual, quarterly and current reports under the Exchange Act will be suspended after such filing with the SEC and its proxy statement, Section 16 and other Section 12(g) filing responsibilities, will terminate effective 90 days after the filing.
HWI Global, Inc. has less than 300 shareholders of record, which enables the Company to take this action. The Board of Directors concluded that the consequences of remaining an SEC-reporting company outweighed the current benefits of public company status. Among the factors considered were (1) the significant costs, both direct and indirect, incurred by HWI each year in connection with the preparation and filing of annual, quarterly and current reports; (2) the limited financial resources of the Company available for compliance in submitting periodic reports and forms with the SEC, audit and legal fees, Sarbanes-Oxley Section 404 documentation and testing, Board of Directors fees and public company reporting and filing fees; (3) the lack of institutional investor interest and analyst coverage; and (4) the thinly traded nature of the HWI common stock.
About HWI Global
HWI Global, Inc. is a leader in clean room design engineering and construction servicing clients in the Life Science, Health Science, Nanotechnology, Microelectronics, and Aerospace industries. Since its incorporation in 2004, HWI Global has effectively constructed classified facilities for R&D, food & beverage, contract manufacturers, and OEM providers. From low volume sterile compounding to high volume manufacturing and packaging applications, HWI Global provides value-engineered solutions for any custom clean room condition. HWI Global and its network of subject matter experts -- from leading architects, engineers, facilities planners, and specialized installers -- effectively design and construct state-of-the-art clean environments in a "turnkey" fashion. For more information, please visit our website at www.hwicleanrooms.com
Anyone give a crap about this company, or hold shares? Interesting news today:
Attune RTD Executes Exclusive Sales Agreement with Desert Electric Supply For the sale of BrioWave Smart Energy Management Controllers
PALM SPRINGS, Calif., April 18, 2012 /PRNewswire via COMTEX/ -- Attune RTD (OTCBB: AURT), is proud to announce it has executed an exclusive sales agreement with Desert Electric Supply for the sale of 500 BrioWave Smarty Energy Management Controllers valued at $275,000. Under the terms of the agreement, Desert Electric Supply will have exclusive rights for the sale of BrioWave Technology in the Coachella Valley and has already placed an initial order. According to Thomas Bianco, the company's Chief Financial Officer, "The Coachella Valley is a large area with a total population in excess of 365,002, heavily concentrated with pool systems and is expected to pass 600,000 by the year 2020. This is a great start and we are excited about this relationship and obviously will do everything we can on our end to increase sales for them as we move forward. Next up, we will focus on the rest of California, then expand sales into other states across the U.S and eventually move towards Europe. We believe the majority of BrioWave users will opt to use Attune's proprietary User Interface in the cloud that talks to each piece of hardware to extract all of the devices value added functionality, which could add an additional $32,500 in revenue to this initial agreement year after year. This is a great first start as the company's focus shifts towards ramping up and rolling out its marketing strategy to generate sales and revenue". According to the company's Chief Executive Officer Shawn Davis, "This first order is a great beginning! There are approximately 15 million pools across the U.S, and this technology also has logic that addresses the HVAC market which consists of another 85 million residential homes, so there's so much sales and revenue potential ahead, this is getting exciting! Also, we are in the final stages of developing a push marketing media sales campaign that creates company and brand awareness, to pull technology through key sales channels and leverages important relationships the company has cultivated with key players from the Coachella Valley Economic Partnership (CVEP), technical personnel and company executives. We still have to negotiate for air time; however, the expectation is to have film in the can by the first week of May which will be just in time for the season. We believe this strategy should have a substantial impact on sales."
About Desert Electric Supply
Desert Electric Supply has been serving the Coachella Valley since 1972. The Palm Springs branch is located just to the South of the airport near Gene Autry Trail and Ramon Road in the heart of the industrial area and conveniently located for all of Palm Springs. This branch handles the West end of the Coachella Valley including Palm Springs, Cathedral City, Rancho Mirage, Thousand Palms, Desert Hot Springs, Banning, Beaumont and also the High Desert including Morongo Valley, Yucca Valley, Joshua Tree, Twentynine Palms and the Twentynine Palms Marine Corp Base. Both branches have large stock of all of the electrical supplies most commonly needed for commercial and residential applications. Desert Electric offers a fleet of trucks for your delivery needs with scheduled service to the High Desert and emergency delivery service as needed. Stocking industry leaders like Cutler Hammer, Leviton, Wiremold, Sylvania, Pass & Seymour, Appleton, EGS, Southwire, Allied Tube, Cantex, Halo, Lithonia, Juno and many more. Whether your needs are construction products such as conduit, wire, romex, boxes, wiring devices or lighting for indoor, outdoor, landscaping or emergency, Desert Electric Supply is your full line source with the largest inventory available in the desert area. As a certified small business Desert Electric can help you with your government projects. Small enough to care and provide exceptional service and large enough to compete with anybody on any level. For more information please visit www.desertelectric.com/about.aspx
Can we update the ibox with this recent information?
Well, this is starting to really feel like the bottom here! If Ironridge is the one selling, looks like they aren't selling below .024. Anything you can pick up intraday in the .022 - .023 range is gravy. Unfortunately, I just sent Uncle Sam a monster check, or I would start accumulating down here.
Good luck to all!
WGAS
That's exactly what I was looking at. It was skating on that uptrend line for the past few days, then finally gave way to the downside today.
Who is that from?
Worthington Energy Appoints New Chief Executive Officer
SAN FRANCISCO, CA, Apr 17, 2012 (MARKETWIRE via COMTEX) -- Worthington Energy, Inc. (OTCBB: WGAS) ("Worthington"), an energy turnaround company engaged in the acquisition, exploration, development and drilling of oil and natural gas properties, is pleased to announce that Worthington's President, Mr. Anthony (Tony) Mason, has been appointed Chief Executive Officer, as per terms of the Black Cat Exploration & Production, LLC ("Black Cat") acquisition previously announced on November 17, 2011 and completed on March 7, 2012.
Mr. Mason was to be appointed President and Chief Executive Officer of Worthington Energy within 30 days of the Black Cat closing. Mr. Mason was named President on March 7, effective immediately upon the closing of the Black Cat acquisition. Now, as per further terms of the acquisition, Mr. Mason will take on the additional responsibilities of Chief Executive Officer.
Since 2010, Mr. Mason had been the CEO, Owner and Managing Partner of Black Cat, where he managed drilling and completion of the I-1 well located offshore in the Gulf of Mexico. Mr. Mason will also be managing the construction of the production platform for the well, announced March 19, 2012.
Mr. Mason brings over twenty-four (24) years of combined professional experience including finance experience in international capital markets in the UK, USA, Australia and Hong Kong, and detailed capital market experience in the USA and UK with publicly traded companies. Mr. Mason has both project and corporate finance experience within the energy industry, specifically in oil & gas, and has a proven track record of financing and developing assets into full scale production. Prior to joining Black Cat, Mr. Mason was the Founder and Chief Executive of Meridian Petroleum, an oil and gas exploration and production company, listed on the AIM market in London.
"We are thrilled to have a man with Tony Mason's operational background as the CEO of Worthington Energy," stated Chairman of the Board and former CEO of Worthington Charles Volk. "With Tony at the helm, I believe that Worthington Energy will continue to successfully execute on its business strategy of acquiring properties with proved and probable reserves and then developing the fields by reworking the existing wells and drilling new wells."
About Worthington Worthington (f/k/a Paxton Energy, Inc.) engages in the acquisition, exploration, development and drilling of oil and natural gas properties. Worthington is an energy turnaround company whose strategy is to acquire cash flow producing properties with proved and probable reserves, develop the fields by reworking existing wells and drilling new wells. Worthington was founded in 2004 and is based in Stateline, Nevada.
News out!
Strategic Mining Corporation Receives Official Approval Letter for Siguiri Exploration License
CHEYENNE, Wyo., Apr 17, 2012 (GlobeNewswire via COMTEX) -- Strategic Mining Corp (OTCBB:SMNG) announced today that the Company has received official notice from the Guinea government for renewal of the Company's exploration license for the Siguiri property. As announced in a press release dated March 29, 2012, this official notice was anticipated based on advance information from Strategic Mining's joint venture partner in Guinea. The Siguiri property is in northeastern Guinea in the Birimian greenstone belt. The Birimian greenstone belt of West Africa is the base of one of the fastest growing gold production and exploration areas in West Africa. This area of Guinea has had a long history of placer gold mining and prospecting. The Siguiri property has an area of 103 square kilometres and is approximately 500 kilometres from the capital, Conakry. The Company's permit area is located on the northern rim of the world famous Siguiri Basin. The Siguiri gold concession serves as a platform to engage in an under-explored area that has proven geology and production by other adjacent world-class mining companies. The Siguiri Basin boasts several producing gold mines that include Anglo-Ashanti, SEMFRO and Lero as operators.
The Siguiri project is 100% owned by the Company under the terms of the joint venture agreement. Now that official confirmation of the license has been received, Strategic Mining is pursuing financing for operations on the Siguiri project in order to advance the placer and in-situ gold deposits so that full field work can be restarted in the first half of 2012. Appropriate equipment and personnel are being identified for this purpose. Necessary infrastructure for new and expanded operations within the Siguiri property also is being investigated to determine timing for its development and associated costs.
Strategic Mining Corp.'s goal is to become a significant explorer and developer of gold properties in Guinea. It is currently planning more exploration and development programs on its Siguiri property, and intends to continue to expand its property base in Guinea by acquisition and joint venture. More information is available at www.strategicminingcorp.com.
Forward looking statements: No assurance can be given that past or similar results of precious metal mining will be indicative of future results. This news release contains forward-looking statements. In particular, when used in the preceding discussion, the words "pleased," "plan," "confident that," "believe," "expect," or "intent to" and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks in the company's SEC reports and filings.
Well, looks like SMNG took another dump on us today. New 52 week low of .005, and no clear bottom in sight. *Sigh*
New 52 week low today at .02. IMHO, they need to let this stock breathe a bit! The selling pressure has been a bit much recently. Ah, the perils of equity financing...
Still waiting to average down, since we broke support today and have no clear bottom. Got a feeling we could get down close to a penny, penny and a half or so before it goes back up.
Some volume today...mostly buys. We need more volume! News would help.
Good for you. Just making folks aware. Have a good day!
I still haven't added yet to average down...still waiting on a clear bottom here. Support at .0221 - .0231 has held, and there is support at .025, today's closing price. If I understand the filings correctly, IV has basically agreed not to sell the stock below a certain price, and that seems to be in the range we are in now. 1.4 mil is a lot of stock at these prices though, and with only 10,000-50,000 share blocks going through at a time, maybe a few times a day, it could be a while before the selling pressure eases off. It's nice to see that they aren't taking it any lower than current levels though...yet. I've got lots of dry powder to throw on this lit fuse, and I just hope I don't miss my opportunity before the next leg up.
GLTA! Go WGAS.
I just refuse to believe that this company is a pink sheet scam, what with all the awesome DD here done by others. I've been here since January, like some others here, and still have an average price lower than the current pps. We're all frustrated, and since they still are a publicly traded company, they owe their shareholders some answers!!! It wouldn't cost them diddly-squat to post their financial earnings on their website. I don't care if it's a 10-K or not. Just let us know the state of the $%^* company.
Well, I'll call them anyway. Maybe with enough pressure from their shareholders, they will release something (but I'm not holding my breath). This whole thing gets weirder by the day.
If we can get above that darn 10 day MA, it could act like a trampoline.
Has anyone actually called Atrinsic and asked them if they were going to make an earnings report public, seeing as how they still are a publicly traded company and all? If not, I'm calling tomorrow morning.
Yeah, just wonder why they even have it on their website still.
ATRINSIC, INC.
Code of Ethical Conduct
From their own website...I thought some of this was a bit ironic, concerning their silence recently. Here are some snippets:
Atrinsic, Inc. (the “Company”) is committed to conducting its business on a high ethical plane based on honesty, integrity, and fair commercial competition. This Code of Ethical Conduct (this “Code”) applies to all directors, officers and employees
Full, fair, accurate, timely, and understandable disclosure in reports and documents that the Company files with, or submits to, the Securities and Exchange Commission and in other public communications made by the Company;
Today, all corporations are under high levels of scrutiny and are held to increasingly higher levels of accountability. As a result, the Board of Directors has reaffirmed its strong commitment that Company business practices be conducted in accordance with the highest professional, ethical, legal and moral standards.
We believe that long-term, trusting business relationships are built by being honest, open and fair. We promise to uphold the highest professional standards in all global business operations.
The Finance Department bears a special responsibility for promoting integrity throughout the organization, with responsibilities to stakeholders both inside and outside of the Company. The Chief Executive Officer, Chief Financial Officer and Finance Department personnel have a special role both to adhere to these principles themselves and also to ensure that a culture exists throughout the company as a whole that ensures the fair and timely reporting of the Company’s financial results and condition.
Because of this special role, the Chief Executive Officer, the Chief Financial Officer and all members of the Company’s Finance Department are bound by the following Financial Reporting Code of Ethics, and by accepting the Code of Ethical Conduct, each agrees that he or she will:
? Act with honesty and integrity, avoiding actual or apparent conflicts of interest in personal and professional relationships;
? Provide information that is accurate, complete, objective, relevant, timely and understandable to ensure full, fair, accurate, timely, and understandable disclosure in reports and documents that the Company files with, or submits to, government agencies and in other public communications;
http://www.atrinsic.com/files/PDF/Code%20of%20Ethical%20Conduct%20V2.pdf
All I get is an error from that link.
I didn't hear anything on the Google call about acquisitions, btw. No huge surprise there.
It figures that after I got out of this POS that it would almost double in price.
Support is down around .0221-.0231, and at .025. Around .028 was support a few weeks back, now somewhat of a resistance, but we have broken out at or above it the past two days, so it is a weak resistance/support I think. The major resistance is around .045 - .047.
Well, the notice of effect was filed on April 6th, so I thought it was the 16th. Oh well, really doesn't matter. We could just be stuck for 7 more months in the dark with a pps of .0024.
The site that brizzo linked to shows TWO dates for ATRN earnings...one on April 12th, and another on April 17th.
http://staging-retail.ccbn.com/company.asp?ticker=ATRN.QBB&coid=91446&client=cb&print=1
Isn't April 17th the date after the ten day waiting period is over???
Do you sleep?
My Optionsxpress doesn't show ATRN earnings for tomorrow either, but then again, they don't show any Pink sheet companies.
I think the air's already been let out of this bag anyway...
Thanks.
Regardless of whether or not we get earnings tomorrow, I do think that the company will release them soon. I just can't bring myself to believe that with all of the big names on the BOD, the seasoned management team, etc., that ATRN will end up being a pink sheet scam.