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Has anyone wondered how and what scheme was used to enable either the old ceo who did squat, or the new ceo, to RAISE THE AS TO 3BILLION.
My take on the last several days volume: If you go back to the last filings of SAGD, I believe that there were still 1 or 2 notes outstanding that belonged to Asher. The volumes from the last 2 days I believe was Asher's chance to close out the notes. The combined volume would seem to indicate so. But this my opinion only. If this was the case, then SAGD's new management team is going ahead with a clean balance sheet, no debt or obligation of substantial size.
As far as merging with First Columbia Gold, I dont think that is what is going to happen. It would not make sense. Why merge into another gold company? I think, and I hope, what new management is going to do is merge/acquire a company in the medicinal cannibis industry. That would really make the price of this stock shoot up big time.
News over the phone? So you have info others dont? Is there something wrong with this...back to 2cents and lower
If this is not a PnD announcement, then what is:
Energy Holdings International, Inc. (EGYH.OB) with its technical advisors, including CH2MHill is proceeding with the development of its 450 MW Combined Cycle Power Plant in Bangladesh. Energy Holdings International (EHII) reached an agreement and sold 35% of the project for 4 million USD payable upon the completion of the Power Purchase Agreement that is expected to be completed in 60 days or less. EHII received a $300,000 USD down payable for this interest and the local partner who purchased the interest agreed to complete the Power Purchase Agreement (PPA) and complete all developmental engineering necessary for the power purchase agreement (PPA) and Implementation Agreement (IA) at no cost to EHII, stated Mr. John Adair, Chairman and C.E.O. Energy Holdings International, Inc. completed and filed its annual 10K and will continue to pursue and complete the development of the 450 MW Power Plant prior to actively pursuing its initial goal of acquiring oil and gas assets within North and South America, among other areas of interest. Energy Holdings International, Inc. is an American Saudi company with two members of the Saudi Royal Family being active board of directors members. EHII has offices in Houston, Texas; Dubai, UAE and Riyadh, Saudi Arabia. Energy Holdings International, Inc. also received an independent third party company stock value evaluation based upon the completion of the PPA and IA. By applying a very conservative P/E multiple of 10X earnings of $25 million annually based on the economics of a third party engineering firm, the estimated stock price is projected to be approximately $6 USD with additional upside with the completion of construction stated Mr. Jalal Alghani, Vice-Chairman and C.F.O. In light of these risks, uncertainties and assumptions, the events anticipated by EHII’s forward-looking statements may not occur, and, if any of such events do, we may not have anticipated the timing of their occurrence or the extent of their impact on our actual results. Accordingly, you should not place any undue reliance on any of EHII’s forward-looking statements. EHII’s forward-looking statements speak only as of the date made and EHII undertakes no obligation, other than as required by applicable law, to update or revise its forward-looking statements, whether as a result of new information, subsequent events, anticipated or unanticipated circumstances or otherwise.
Yup. The recent announcement, if legitimate, does not say that $$$$ has actually been exchanged. What is the $$$$ comprised of? Cash? Services (ie promo, advertisement, etc). She is going back to $.02 or lower. It's trending way down. IMO
EGYH will go back down to .02. Just watch.. Maybe even lower. My bad on the EIIH.. Did not read the post carefully. But do some analysis. If the agreement, and I still have very very serious doubts about it, is a 30:70 split, with a 50/50 split between EGYH and Rasan ownership, that leave EGYH with only a 15% stake...problematic here
EHII IS NOT EGYH...and THERE IS NO SUCH EHII Stock symbol. Where does EHII trade? Show us where EGYH is mentioned on the RASAN WEBSITE.
Again not same company. The link you provided refers to a RASAN Private Equity Inc, not RASAN HOLDING COMPANY.
Not the same company. Just because the word RASAN part of the name of the company that EGYH made an agreement with does not make it the company found in the website http://www.rasangroup.com/index.html
The agreement is with Rasan Energy Holding Company (K.S.C.) Of Kuwait. There is a big difference between RASAN ENERGY, RASAN HOLDING, and RASAN ENERGY HOLDING COMPANY.
Per the above website, RASAN HOLDING and RASAN ENERGY are 2 different companies under the RASAN GROUP umbrella. Again the agreement is with RASAN ENERGY HOLDING COMPANY OF KUWAIT.
Big difference. Pennystock do it all the time: to sign agreements with companies with very similar names to established, reputable ones.
Legally, these companies, according to the law, are totally different companies.
IMHO
No its not the same company. Company names don't match, principals don't match. The agreement does not state who signed what, just a company that sounds very much like many other RASAN names
This is not the same company as the company that "signed" the agreement. Similar names, but not the same. Sometimes similar names are used to confuse, deceive. Just be careful, thats all. I was looking into buying this one but decided not to.
Audited statements are misleading. The statements were audited by Barry Henthorn and not independent auditors. LOOK AT THE FILING FOLKS and don't get screwed over. Announcement of audited statements is another example of announcements that are misleading
That's the million dollar question. what's in it for him. One can only conclude there must be an incentive big enough for him to take the helms of SAGD. That's what everyone's speculating about and hoping for. Like Shakespeare said "to invest" or "not to invest," that is the question. 250MM shares that traded recently indicates many are willing to invest, or in the case of pennyland, to gamble.
well isn't that what the penny stock world is all about. you TAKE YOUR CHANCES...a whole different ball game, wild wild west. What do you expect? GEEZ
What is a scam? Previous mgt tried hard to make the business model work. All filings were current, no excessive debt or mgt payroll. So it didnt work. Lots of businesses do not work. The rumors about SAGD's next business are rumors, but one can speculate based on new mgt's previous actitivites. Its called reading between the lines, or in this case, reading in between the filing(s). No?
Benefits of the filing:
https://www.sec.gov/rules/final/34-37157.txt
That is the reason for the filing. SAGD has no money and one can logically surmise that other company (assuming RM) would not be one willing to spend $$$$ (lots of it involving lawyers, financial people)on a company with no $$$$ like SAGD. Prior to the massive volume yesterday, there was another day on a much smaller scale where there was substantial volume. My hunch was that volume was ASHER driven, with them "cashing" out on their note(s). Dont know. SAGD and current management could not have decided to file the recent filing without considering ASHER, if there were still notes due. I believe there was at least still one. My hunch is that all the notes have been converted and thus ASHER no longer in the picture.
Regarding a RM, gotta consider also that SAGD is debt free with debtors converting to equity. That would make the RM more appealing all the more. A RM would make a change in direction easy without the additional filings and costs.
IMO
Click on the link that someone provided earlier regarding these forms. The filing provides 2 VERY VERY IMPORTANT BENEFITS. Has to do with what is referred to as a successor company. In doing this filing, the successor company to SAGD will not need to file lots lots of costly filings (which will include the cost of hiring lawyers, accountants, financial people, etc) required by the new company. This assumes of course that there will be a reverse merger. IMHO, there is no other reason for this filing other than a reverse merge. It's not because they want to avoid filings documents, they just want to avoid filing unnecessary papers which these filings eliminate and thus saves SAGD and successor company time and $$$$.
Like what someone else posted, a reverse merge is coming, and with it, likely a very whole new direction for the company.
IMHO of course.
Arizona laws regarding growing em
http://www.keytlaw.com/arizonamedicalmarijuanalaw/2010/12/license-only-to-grow-marijuana-2/
looks like you can....
You dont have to own the land. Just control over it, which a lease affords. That is the norm for many lands,especially in agriculture, mining where the landowners get a piece of the action. Sorta like retail: Giant, medium, mom and pop retail outlets dont own the land, or for that matter, the structure. They hold long-term leases. Yet they make a killing.
You ever heard of oil leases?
Alaeloa, you from Oahu?
Really? Read the way these things are worded. They are not projects that Reeltime has been involved with. They hope (RLTR) that the non-crital readers somehow make the huge jump of making a connection that their partners' project are reeitime projects as well. And thus buy the stock. What the partnership is in fact is even quite nebulous. No details as to what the partnership entails. Here are some questions regarding recent press promos:
1. ReelTime Rentals, Inc. (OTC Pink: RLTR) welcomes multiple Emmy and Peabody award winning producers and editor Jackson Nguyen and Todd Crites of Turn Left Productions. They will head production and development of all video and television projects.
a. Why Reeltime Rentals vs ReelTime Partners? Is it the same company?
b. "welcomes multiple..." - welcome to what? As new partners? As a friend? As what???
c. "head of production...." who projects and whose projects? the partners' projects? or their own existing projects whilc RLTR will somehow "get involved in."
MORE TO FOLLOW
Read the announcement extremely carefully. Nowhere does it state the nature of the relationship. It requires that you impute some sort of relationship of which RLTR is a major contributor.. What have they contributed? IMHO
this is who RLTR is dealing with..careful
http://deadspin.com/cnbc-is-giving-a-scam-artist-handicapper-his-own-realit-976926638
Who is Steve Stevens?
Well here he is enjoy
http://deadspin.com/cnbc-is-giving-a-scam-artist-handicapper-his-own-realit-976926638
Millions? Where? Provide links to the Financial statements showing several large private investors put money into this thing
Old Info. Everyone knows the past
what is the bad track record?
SAGD has filed late before and that it is A 30 DAY grace period from due date. That is common knowledge yes?
Wouldn't that be something. Low cost too! Talk about cash cow. Low overhead, high margins, high demand. WHOA. And these Wall Street boys I bet are not averse to doing the Rocky Mountain High thing.
What an announcement that would be. Share price would go through the roof!!!!!! But since Demotte is still on board as mgt, probably wont happen. But ya never know. The change in CEO caught everybody by surprise.
Easy. Read between the lines.
1. What does SAGD need the most? $$$. New CEO is a money guy, Wall Street experience with some of the largest finance companies in the world. If he addresses the Asher concern right away, and I believe he will, SAGD shoots to the pennies right away. SAGD has really no debt (outside of friendly consultants who converted their claims to notes).
2. Youth - I have always been concerned with the age of SAGD management. Not to disrespect them, but in the industry, experience AND energy is needed. New CEO brings energy and Demotte brings experience.
3. No Prior Connection to SAGD - this speaks volumes. Means he has no prior self-interest to speak of with SAGD. I believe his compensations will likely be stock and performance based. This would be the only viable incentive that would make him come to SAGD.
Watch shorties come out tomorrow, either to bash or cover. IMHO
Good luck to all, especially shorties. You may need em soon.
Just get a license to grow/sell in Colorado and company is in on a ground floor opportunity. How difficult is it to open one up? Or how expensive?
I don't think they will. I would prefer that they save the money that would have to be spent filing. Cost $$$ to pay everyone involved in filing. My guess is about 10-15,000 to file. Save the money. Even if they "down list" company can always up list easily. Save the money and when company has something concrete, then up list. This gives real long-term investor opportunity to accumulate as well.
the sky is falling
well good for you. but how is that you are almost out vs yesterday when there is no volume today.
Circular links, integrated connected media - fancy wordings - not hard to do at all.
How is it world class? Anyone who has taken an INTRODUCTORY class on Web design, Dreamweaver can make this. It's easy. And even then, there are issues with the design still
Why release it when it's not 100%. After part of the release is the cutting edge nature of the new website.
BTW, the growth being touted has been miniscule
What is impressive about the site? There is a menu bar that appears in the middle of the home page, obstructing TEXT. LOL
there's gold in that dump