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The SEC could fine you. Here's a link to actions taken by the SEC. http://www.lexology.com/library/detail.aspx?g=da95770f-2d42-444e-863c-0c5494e07bd2
Here's a link discussing a schedule 13G. http://www.investopedia.com/terms/s/schedule13g.asp
I will have more powder when my funds clear next week and will grab another million if the price is right. Merry Christmas to you!
If you've purchased 3 million shares, don't forget to file a Schedule 13G since you now own over 5% of the stock. You have 10 days to do so.
I've never seen a day like today where statistically all of the shares traded slapped the ask. I hope tomorrow we see another great trading day.
I don't understand why they won't let it run. CSTI should drip their 0.0002 ask and post it at 0.0003. With the way the day is going, people will be slapping 0.0003.
I picked up more once I saw BKRT gone. I hope retail won't flip for small gains and let this run a little.
BKRT is gone! Only 10+ million shares left at 0.0002! Let's hit 0.0003 today.
Looks like BKRT has a lot more than 10 million. He's been sitting on that same number of shares for quite awhile. Ask keeps getting slapped and the number of shares doesn't budge. Only a matter of time until he's out and we move up. Keep slappin' the ask.
This stock almost hit no bid earlier this week. Today, there's 148+ million on the bid. Glad to see the word is getting out there.
See my 2 previous posts, #7475 & #7478. Both were written before yesterday's announcement of an additional fuel terminal purchase. Please don't trade based on my comments/opinions. Perform your own DD before investing. Thanks!
I've been watching the trades this morning and the volume of large sales is very concerning. Is this dilution or someone dumping their shares?
79,505,005 on ask vs. 104,262,395 on bid.
With the news that hit yesterday, who wouldn't want to drop $200 on 1,000,000 shares? $200 is not much to play around with considering the great potential this company has.
ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
On December 3, 2015, XOMA (US) LLC (the “Company” or “XOMA”), as a successor-in-interest of XOMA Ireland Limited and Pfizer Inc. (“Pfizer”), entered into a settlement and amended license agreement (the “Agreement”), pursuant to which XOMA granted a fully-paid, royalty-free, worldwide, irrevocable, non-exclusive license rights to XOMA’s patented bacterial cell expression (BCE) technology for phage display and other research, development and manufacturing of antibody products for an upfront, non-dilutive cash payment by Pfizer of $3.8 million in full satisfaction of all obligations to XOMA under the 2007 Agreement (defined below), including but not limited to potential milestone, royalty and other fees under the 2007 Agreement.
Under the terms of the original License Agreement, effective as of August 27, 2007, by and between XOMA Ireland Limited and Pfizer Inc. (the “2007 Agreement”), XOMA received an upfront, non-dilutive cash payment of $30 million and was eligible for potential milestone, royalty and other fees on future sales of all products subject to this license, including products currently in late-stage clinical development.
The description of the Agreement contained herein does not purport to be complete and is qualified in its entirety by reference to the complete text of the Agreement, a copy of which will be filed as an exhibit to the Company’s Annual Report on Form 10-K for the period ending December 31, 2015.
First Colombia Gold Signs Letter of Intent to Acquire Commercial Fuel Terminal With Four Million Gallons of Storage Capacity
NASHVILLE, TN--(Marketwired - Dec 9, 2015) - First Colombia Gold Corp (OTC PINK: FCGD) announced today that it has signed a Letter of Intent to purchase a large commercial fuel terminal in Pennsylvania. This fuel terminal eclipses the North Carolina terminal acquired last month not only in capacity, but also in operative capabilities. The terminal has a 4 million gallon liquid storage capacity, has a direct pipeline connection with a major refinery, and the ability to transport product by rail via rail spur on the Norfolk Southern Line.
Included within the terminal's 11 acres is an 11,000 square foot warehouse with office space, three truck bays, and room for over 40 trucks. The terminal also contains a loading rack, which allows the company to store and distribute product for third parties, providing an additional revenue stream through this facility. Also, because of its pickup capabilities, the facility can be used to store third party fuels for distribution to commercial clients. Additional revenue opportunities with this facility include the capability to treat, blend & reuse flow back water for use in fracking, send flow back water via rail for use in injection wells, provide fuel / lube services for both fleets and at the well site, and gather, store and distribute fresh water for the fracking process.
First Colombia Gold CEO Jason Castenir stated, "This announcement today demonstrates another piece of the broader plan being put in place. This terminal will not only give us the capacity to distribute greater quantities of fuel products, but because of our recent joint venture with Singa Energy Solutions, we will be able to source and exit much larger quantities of fuel to Singa's established customer base that utilize much larger quantities of fuel. That Joint Venture has allowed us to accelerate our growth plans and put us on the path to be very successful in selling bulk quantities of fuel products."
The company expects to close on the Pennsylvania terminal towards the end of the first quarter of 2016.
Singa Energy Solutions Chairman Alexander V. Misir stated, "Our strategy is focused on building new energy infrastructure that is contracted for the long term. Jointly, Singa and First Colombia Gold are pursuing multiple platforms for growth that include expanded hydrocarbon supply, Solar Energy projects and Waste to Energy projects. Currently we have issued Confirmed Letters of Intent to Jamaica and Belize to build and operate a total of 150 MW Solar Farm with an estimated cost of $175 million. Our aim with First Colombia Gold is to grow while maintaining a moderate risk and taking advantage of international opportunities. As the Chairman of Singa Energy Solutions, I could not be more excited about this Joint Venture, the many great opportunities ahead of us, and the number of significant projects that already are underway to help us achieve our growth strategy."
Additionally, the company announced today that the seller has accepted the terms for the previously announced acquisition of eleven convenience stores, and the company should begin the closing process on each of those stores beginning in the first quarter of 2016.
Investor Inquiries:
Website: www.FCGDcorp.com
Email: info@firstcolombiagoldcorp.com
Facebook: http://www.facebook.com/FirstColombiaGold
Twitter: http://www.twitter.com/FCGDCorp
Disclaimer
This release contains forward-looking statements that are based on beliefs of First Colombia Gold Corp. management and reflect First Colombia Gold Corp.'s current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities and Exchange Act of 1934, as amended. When we use in this release the words "estimate," "project," "believe," "anticipate," "intend," "expect," "plan," "predict," "may," "should," "will," "can," the negative of these words, or such other variations thereon, or comparable terminology, are all intended to identify forward looking statements. Such statements reflect the current views of First Colombia Gold Corp. with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including but not limited to, risks and uncertainties pertaining to development of mining properties, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance, or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements. The information contained in this press release is historical in nature, has not been updated, and is current only to the date shown in this press release. This information may no longer be accurate and therefore you should not rely on the information contained in this press release. To the extent permitted by law, First Colombia Gold Corp. and its employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, any such information, whether or not caused by any negligent act or omission. This press release incorporates by reference the Company's filings with the SEC including 10K, 10Q, 8K reports and other filings. Investors are encouraged to review all filings. There is no assurance First Colombia Gold Corp. will identify projects of merit or if it will have sufficient financing to implement its business plan. There is no assurance that the Company's due diligence on the potential acquisition of oil and gas assets will be favorable nor that definitive terms can be negotiated. Information in this release includes representations from the private companies referred to which has not been independently verified by the company. A downturn in oil prices would affect the potential profitability of the proposed acquisition negatively.
Contact:
First Colombia Gold Corp.
888-224-6561
info@firstcolombiagoldcorp.com
I think John is holding tight and possibly accumulating more at these levels. Once steel prices recover, GNPT will be golden. IMO
Wish I had more powder. Would love to pick up some of these cheapies.
Would be great to hear about expansion and/or share buyback with the next press release or quarterly report. I'd prefer expansion to enhance the revenue stream and price appreciation will follow.
I agree. Only way we hit $0.0005 by Christmas is if someone takes out the 100+ million shares on the ask at $0.0002 or there is some game changing press release. I prefer the slow and steady. Personally, I'm looking to add a nice position once my broker receives my check and the funds clear. Hope it doesn't rise before then.
I would guess around 0.001 in 7 to 9 months. Again, that's just a guess. The C-stores that were acquired are already profitable. The addition of the fuel terminal brings in an additional revenue stream. Placing quick serve restaurants in C-stores with gas stations is a big boost, IMO. There is a quick serve restaurant in my local C-Store/gas station and that place gets packed around lunch and dinner.
The reason I state 7 to 9 months is because we won't realize much revenue for this quarter. Next quarter, I believe, will be somewhat slow because of the winter months. I see the following quarter picking up as the weather gets better and the summer travel season is around the corner.
Never invest based on my opinion. Perform your own DD before investing.
I don't like to make predictions because there are just too many variables. If you think about their most recent acquisitions, one of the properties has a vacant quick serve restaurant. They own 10 Maryland Fried Chicken franchises with an option to add an additional 10. They could put one in that vacant quick serve restaurant property, which is in the same location as a gas station and C-store. They would be able to draw business from the gas station and vice-versa. I think we bob around current levels for a couple months and then begin a steady move up. Once we see revenue being produced from these properties, people are going to wish they grabbed a bunch of the 100+ million shares at 0.0002. Of course this is all my opinion and I ask that you please perform your own DD. If you haven't already done so, visit their website: http://www.firstcolombiagoldcorp.com/
42 million dumped into the bid today. Grab them while you can because when these new properties start generating revenue, these prices will be a distant memory. It would appear to me the purchase of the gas terminal happened at a good time. With the price of gas dropping, the price per gallon profit margin should increase. This will help with the bottom line. IMO
Looks like .0001s are still hitting. Wonder if this will hit no bid this afternoon.
It's actually 5%, not 20%. http://www.law360.com/articles/501953/when-to-file-schedule-13d-vs-schedule-13g
Based on the number of outstanding shares people have guestimated, you own roughly 6% of the stock. Will you be filing a 13g?
I agree with all of your points. Photos, videos and bios would be great.
I was looking to take a position a couple weeks ago, but after reading all the cheerleader posts I decided against it. Glad I did. Still going to follow this stock to see if it rebounds or drops further.
From what I read is the company has acquired assets. I agree they must turn those assets into revenue generating assets. Would appear that is the case with the acquisition of the fuel terminal, c-stores and gas stations. We should get a good picture in Q1 2016 IMO. But until that all materializes or bigger and better news occurs, this stock will continue to bounce between 0.0001 and 0.0002. I'm planning on adding more when my funds clear. Rather be able to grab at theses levels now instead of higher levels later. GLTA and let's all hope this is going to become one heck of a diamond in the rough.
I was in a stock that was DOA. 0.0001 before a 1:500 reverse split in July. Stock dropped from $0.05 to $0.001 after the reverse split. Today, it hit $0.40. This stock definitely has potential as the company is taking steps to increase their footprint and revenue streams. We need to get through all these shares and I have no problem owning a nice position.
The more people discover this diamond in the rough, the better. Yes, this is so undervalued here. Should be multiple pennies. Can't wait for the Q4 earnings.
Don't forget the profit they had Q3 and the new revenue streams.
I wouldn't bid sit on this one. If you see a dip, take it. There is so much potential in this company and the CEO has taken the steps needed to add new revenue streams.
Great news today. XOMA could be a monster in the making.
Should be able to pick up a few million shares on the bid.
I stickied the current share structure for those who are interested.
Either shorts are covering or we have several new players in the game who see the true potential.
I wonder if John is buying more shares at these levels. Best time to buy is when there is blood on the streets.
I tried to place a trade today, but my funds didn't clear yet. Looking to get a small chunk by the end of the week.
Anybody have an extra $15,000 laying around to take out these 2's?
I can't see why he can't post any updates on a Facebook page. It's a public forum and only costs him a few minutes of his time. I do like the quarterly conference calls.
Instead of going back and forth against each other with facts and opinions, we should work collectively for solutions. Yes, there will be a few people who will say it's the CEO's job and will continue to criticize. Since ANIA has had contact with Asif, why don't we post ideas on how to expand this company. Someone had mentioned getting low interest loans and grants for "green" companies. Does anyone have any links or addresses we could provide Asif for him to apply for those grants and low interest loans? Would someone here be willing to help apply for grants and loans (with Asif's approval of course)? If we can help Asif, we will certainly help ourselves with increased share value. Comments, suggestions, or questions?