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There is always something to surprise behind the scenes that can bring that kind of volume. I was pleased that when they sold the property they did keep the rights.
Actually pleased and the action seems to warrant it.
I am looking forward to next week here. I hope by this time next week we are in the 3's at least. Have a good week end.
I'm guessing someone wants to load more....so they throw that 3m on ask just to hold it down.
The volume is picking up....I like it. Looking good.
Looks like it is firming up. Might actually surprise me crack back above .002...feel good about it actually.
yeah...back to .0011 but could crash on down. This one is dangerous to risk big buys on above .0011
serious....we don't have volume at this level because we don't have any speculation . No interest to draw people in to play and especially with the chart threating to close below .0013 and maybe looks really risky.
We need some decent speculation....what can it be??? Pumping 26 barrels on a daily average...not too exciting. Why don't the company build a storage unit....pump the oil and store and wait for the price to move back up? Or just leave it in the ground and shut down for a while.
I agree...surely there is something notable about UAPC they can shed light on and make us look like the next great something.
If there are pumpers lurking on this board we need you. The group we have are pretty sorry..lol
My guess is that Asher and the other outfit has a lot of the 200 million shares the company gifted them with....well not gifted but close. I don't know how much they are holding now If any but I'm guessing they have been selling into the volumes of the asset deal. That is why I said why would management give them so many shares for so little... then put a PR that allows them ASHER to unload.
one cent would be wonderful....but .004 aint bad. That's why I kept half my shares I realize that people don't care about the dd.. Let the pump and promo begin.
edited.
Tell you the truth.Those 2 guys in the picture above look kind of dumb. Or are they just laughing at us shareholders?
Did you guys read the filings about Asher and that other outfit as a source of cash? Ah I was just wondering why they made these agreements which ended with 200 million shares added to the out standing and decline in share price....before they decided to sell the asset for 400 thousand? Are they just bad business men? Just stupid or what?
of course all those shares are basically worthless unless they can figure some way to sell them to us.
March 31, 2015. Based upon the reported closing trading price of the Company's common stock on May 19, 2015 of $.0001 per share, if all $2,145,000 worth of liabilities were satisfied pursuant to the Stipulation through the issuance of common stock, the Company would issue an aggregate of 2,145,000,000 shares, excluding the 59,697,000 shares already issued.
Reading the filing....They are still putting out convertible notes. Actually had 5k in revenues sales. Hey that is a start.I'm going to have to study this more as I'm not too brite in these matters. Gotta know your limitations.
I have no bids in......I' m done posting here.
edited for correction
This thing is fried and served....Jan 2014 two lenders began to convert to hundreds of millions of shares. From around .002 all the way down to .0004.
Company sells some asset for 400 thousand Feb 26. Wala......she share price runs all the way back up to above .0027....Lenders made out like bandits.
I already explained why I bought and why I am now negative on the ticker. Why would they for example have 44k expense for travel? The wells are located in Texas.??? They waste and don't have it to waste.
LOL UAPC building with what?
We are lucky if the price holds here. This thing sat in the trips for quite a while. Seems the money has been made..everyone that buys now is a bag holder. Especially with no news .....people say the company won't issue a press release. Well in that case this will not move up. imo
when investing checking the past is called DD and it is what "INVESTORS DO">. But I will say this.....I thought the stock was going to break down low yesterday but actually held....Good sign I think.
I still have my 130 thousand at .002. I hope to get my money back and wish I had sold at .0025 at least.
here are the numbers and hypothetical projections....from the 10q operating expense.....244,500 projected 4x is 978,000 for the year
revenues 160,752 4x is 643,000.....assuming no changes in expense or revenues for the year... the loss will be more next qtr cause we get credit for the bd 0f 45k that was recovered. so at 26 barrels ave per day at 80 dollars a barrel...income would be no more than 759k revenues. Still less than the 978k expenses. Past qtr expenses x4 for the whole year.
Man all anyone has got to is look in the filings...I didn't cause this stock to fall but I'm not going to help anyone try to get a higher share price for profit. Let the filings do the talking. They are loud and clear.
ok, I have said all I need to and I hope that this turns around for you. Good luck.
True I did say that because I had only viewed the most recent filing .....then had not really studied it. Along with the past 10k. After looking harder at things. I feel that I was wrong in my opinion.
My bad mistake and I was wrong. Keep in mind that I am just a poster stating opinions only and am not professional. I'm down too in this investment.
if oil was up 20 a barrel they would still lose money over the year.
No its not a scam. But with out news...this thing has to sink. The news has to be good and not about new finance with ASHER.That's the last thing I want.
Why would this fly? Oil prices can't move up enough to help this one. Tell me I'm wrong....tell me what I am missing in the filings that will help this company.
67,500 @17 with 14's behind it. Shares wanting to sell growing in the 18's...no demand. We need some good news.
14's up next. Probably no good news to come out. Back to the trips soon other wise. imo
I really need to start reading this stuff before I buy..
Lol....at me for buying the chart and not the filings....my bad.
Looks like Finance damage done through business and arrangement with Asher and JMJ....1st qtr 2014 high was .012 and by 4th qtr...low was .0004 as a result of so many cheap shares coming into the market. That is called dilution and its not good.
Think they aren't hard up....think its funny? Here is how funny it is....in 2014 they financed by selling Asher and JMJ 235 million shares for 170,000 dollars. How much is that per share. I bet its a heck of a lot less than .0017
They are a going concern and the best outcome I estimate will be a 200k loss for the year which would be a great improvement and I'm no financial expert but to me that means their cash will be used up. They will need to sell something and soon. imo
Lets be strait up. The company is losing money and couldn't make money when oil and gas prices was way up. Best they can do is 26 bls a day. Their expenses are far more than money revenues. Cash was gotten from a sale of assets.....they are burning through that and have no back up for reasonable finance that will not pollute the stock.. In short they are busted.The money will run out and they have no way to replenish it. Looks grim.
rally oil.....not only oil......Gold, Silver.....come on.