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Really hope the so-called original owners wake up early in the new year and put some guts in their company..!
Well said!!
the way this stock is behaving and based on the predictions that were made in the past (hospitality merger etc.) it is turning out to be a scam in development.
All the BS since their Singapore operations etc. are, it seems, fabrications and ineptitude.to make this an operational company.
Good, get as much as you can. I am heavenly invested in the is this company since the day Ali took over the shell.
However, my only concern is the price of crude oil.
Great website, as expected from the company, straight to the point and no bla, bla bla!
Welcome2, any thoughts on why the large % increase all of a sudden?
I think we will have to wait until this is listed on the NASD/NYSE to be recognized for its long-term potential and most players in this market are more interested in short-term gains /flipping etc.
We need investors with a totally different mindset but unfortunately that will only come later in the game.
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share price in the doldrums and the price of oil keeps rising set up for the perfect storm.
I think Belasarium made a mistake letting this one go based on "assurances". This thing seems as dead as a Dodo! One would think the original owner(s) would have put out some word to the effect that soon there will be a new beginning etc.!!!
What is the procedure to get a broker- dealer to do the initial review or is that all spelled out in the SEC rule?
Port of Tampa? Has the company ever mentioned that before or referred to it?
What am I missing here?
I like the word "exponentially." in their update!
Chevron NYSE CVX : "Chevron plans to spend between $18.5-$19.5 on new oil and gas projects next year, reflecting the on-going recovery of the sector"
We seem to be at the right place at the right time.
Why this sudden reversal?
I wonder where this crooked man Timo Strattner is hiding, can't find him in jail.
no message.
Seems this is another non-performing stock. After all this time I thought they would surprise us but nada. Write-off.
Agree, truly exceptional.
It seems the company's chairman is the kingpin and deal maker, not surprising given his experience in the oil industry.
Yes! Many red-hot irons in the fire! The way this is going we can expect a lot of closure's all happening at the same time and put us in a totally different league!
What a company.....
One has to accept that OTC/penny stock mentality/culture will rule until we are finally incorporated into the NASDAQ
Very true and totally agree. That's why management feels the $5 NASDAQ share price by end 2024 is doable and a reasonable goal.
I hope for those undecideds your post is food for thought, incredible value here.
OPEC Oil production cuts on the cards for next year and normally results in price increases.
Prices are already rising.
Good for our bottom line!!
deep in a nuclei proof bunker somewhere in Scotland.......
Are we still anticipating news before the end of the year? I lost track.
Forget about the stock price, the stock will follow the company's direction/accomplishment.
Therefore, focus on the Chairman of the Board statement when he said "BLFR is exploring several options to potentially increase the enterprise value of the company while guarding share structure integrity."
Powerful words.
On 26th Oct, Belasarium set aside their custodianship in exchange for assurances made regarding the company (CCLX) and its future. Wonder what kind of assurances because nearly a month later no word from any of them. No idea what's in the pipeline if anything at all.
Nothing seems to have changed, as dormant as ever.
Very important, I have to keep reminding myself that the results only cover one month!
This sets the stage for what lies ahead and puts a smile on my face......
There is also an important OPEC meeting on 26th November to set quotas etc. It is expected that Saudi Arabia will reduce output which mean potentially higher oil prices which will do us fine.
The Chaiman's deal-making ability makes him the kingpin of the company, no doubt about that.
Aw1416 if I may ask, how do you see the future of this company. My little knowledge about the subject tells me this is important and serious stuff but when I compare this to the interest it may not be so.
Would like to have your opinion.
Thanks
And the price of oil is steadily increasing. As far as I am concerned oil @ $80 will do us fine, anything higher is a major bonus and no doubt will affect the share price substantially.
I cannot think of a more secure investment.
Agree and hopeful since I still have a substantial position.
Thank you! I like to read into this that the existing owners will do the necessary to make this a viable trading company again. I guess that's a real possibility or else Balesarium would have hold onto it.
Unfortunately, there is no timeline.
I really feel sorry for the CEO having to look into the abyss each and every day, surely you cannot effectively run a company and make serious business decision that way.
Call it a day, learn and start something new!
I notice in the latest Balasarian update CCLX is not mentioned at all.
So, let's forget about it.
Why is this company not trading anymore?
Yes, I have seen that and the fact that the status is not mentioned tells me that there is a spanner in the works which needs to be resolved.
Just have to wait until they are ready to tell us the state of affairs.
Kjv did you get any further response from Belasarian regarding the state of affairs?
. I did not get any feedback from them.