is...looking for the next big thing...
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Ok, I am going to take one for the team and load up on some calls. All you shorts can thank me later because this thing burns me every single time I go short!!!
WTF Happened today? Just closed out my 337 puts for tomorrow and back in 337 calls for next week. Muchos Gracias:)
Thanks for the updates SloGin!!!
Glad to see you guys finally doing something with TNRG, the previous owner ran it into the ground before MMG stepped in.
Do you plan on reinstating the OTCQB as well or stay a pink sheet?
Can't wait to see the financials to see if it's something we want to look at getting back in, definitely can't get in yet until I see some sort of real news, financials or decent technical analysis. So far this week it looks like they have sold about $200 worth of shares with no volume.
My biggest fear is when (not if) Santili goes to dump all of his shares this thing will be back to sub-penny in the blink of an eye. It also looks like Santili issued a TON of shares to his family before departing, so be prepared for a major dump coming as well.
Broke all my rules and shorted this bad boy 100 shares over the weekend.
Hope I don’t become another statistic:)
Good question Marcus, keep an eye on the authorized and restricted shares and you will see. They just issue a ton of shares and sell them at sub pennies until there are no suckers left to buy. Most of these companies are already toast from toxic loans and reverse splits, so it’s the only option left to sell the shell for 10-25k plus take a bunch of shares to sell.. The owners want out because it’s the only way they can sell any significant amount of shares. Otherwise, they can only sell 1% of the outstanding shares every 90 days as an owner/affiliate of the company (anyone holding 10% or more of the outstanding). They then issue internal restricted shares to everyone they know to collect as much money as possible before investors catch on and stop buying. Good news is they have to wait 6 months before they can sell the restricted shares, so it will be July or August before this thing really crashes. Look at the volume now and you will see it is absolutely nothing, but in 6 months there will be millions of shares being sold as fast as possible.
I like to call these types of plays bottom feeders because that is exactly what happens - they squeeze every last penny out of these broke companies and hop on Ihub to try and pump every dime possible until the new investors learn what it means to hold bags...
Not all is lost if you are still holding though, because the pump won’t start for another 5 months, when Santilli and MMG will pump the hell out of it until they liquidate all of the shares. Don’t expect to see any financials or disclosures though, because the amount of dilution happening in the process will be absolutely mind boggling. Come to think about it - I haven’t seen Santilli sell any shares in a while, so there will be a huge dump pretty soon from him as well. My bet is it happens really soon before the next reporting is due for financials, because if they are not current it makes it a lot harder to sell those restricted shares as most brokers don’t want anything to do with restricted stock.
I couldn’t agree more with your message, you nailed it!!! A little DD and it’s too easy to see.
Hey SloGin - I love your optimism! But, we must be talking about a different Cash Now because the one ran by the MMG team had only sold 5 franchises and all of which were disasters according to RipOffReport, not to mention there deceptive advertising is what gained them a Federal Cease and desist order and put them out of business in 2005.
As far as location, I just wasted 10 minutes on google street view and these are definitely apartments with no retail space whatsoever. Where did you hear otherwise to know where the location is or to say that it is retail space?
As far as OTCQB - it makes the world of difference to any seasoned investor brave enough to gamble with OTC’s. That 12,000 a year is peanuts for what it tells about a company. The reporting and financials are handled much stricter and it also ensures the company stays above the .01 (penny) mark for PPS. Additionally, it’s impossible for OTC’s to get decent financing now if they trade below a penny - forget about an S1 registration. Therefor, they are forced to take toxic loans that are absolutely guaranteed to dilute and crash the PPS.
Otherwise, just look at the trend with all of the MMG shell buys and you will see the same exact pattern. They all end up as dark/defunct or skull and crossbones and trade in the .0001 to .001 range with furious investors holding bags on all boards. Once TNRG changed hands and the QB was removed - it was game over. Mark my words on this: The next thing you will see on TNRG is light volume, 1 or 2 pump and dumps, failure to report filings to the SEC, so that investors have no idea about internal dilution and then of course the downgrade on OTCMarkets to dark/ defunct and finally the skull and crossbones to finish putting the nail in the coffin.
If you would like a list of all of the MMG shells, just click on your profile and look at Every single board you are providing positive comments on and you will see they are all MMG shells with lots of burnt investors and bag holders.
Here is a quick list:
SBES
FTWS - also pumping the same fractional ownership play, but this one has already crashed and burned.
ADSV
ADHC
HDII
However, like I said - I would love to see TNRG do good!!! BUT, in my experience and following the trend - that’s probably not going to happen.
I really want to see TNRG do good, but so far I am not impressed. The OTCQB membership ran out and was not renewed which takes it back to a pink sheet. Additionally, I don't see any current financials filed which means the next step is dark or defunt and then the dreaded skull and crossbones. The new address for the owners of Thunder Energies (TNRG) is an apartment complex and the MMG players connected to it have all been associated with negatives like previous skull and crossbones tickers and a whole lot of bad reviews on the previous yacht rentals and Cash Now business.
I don’t see the connection, what action was it - the IPO?
It looks like all of this merger was to get the clean ticker from TNRG as all the others involved are non-reporting. TNRG always stayed current on filings and even has the OTCQB edge, however for the purchase price of 100k - I believe that is way too cheap for a clean shell.
Well, hopefully it will get a pop at first from the merger. They seem to do good for a minute post merger...
Anyone know what’s going on with TNRG? MMG is in control of the website now and I know Thunder was up for sale there. I checked the Florida Sec. of State and they just changed owners addresses and everything. Also Flitways just announced the merger on Twitter with a new company being formed (shell) using the TNRG ticker.
Probably trying to get back to trading over .01 so that they qualify for OTCQB in order to get financing. Nobody loans money to Pink's anymore.
What are post shares?
Congrats on your patience, I’ve watched you hold for the .005 break for over a month. I wish I had that kind of discipline!!!
Amen Heu, I’m riding it out now due to the recent filings!
BOOM!!! There it is, I think this may be the sign we were looking for! Nobody comes in at 10% as an affiliate unless they want a piece of the big pie. Owners/Affiliates are very restricted on how much they can sell - I think it’s 1% every 90 days. This is obviously a long position for them and it looks like the entry was for $100k, so something beautiful is definitely on the horizon.
I feel the same way, I had pretty much forgotten about this little nugget... it’s been so long, it might as well be profit at this stage:)
We are so close, it’s been a stalemate today on bid/ask...
That’s always a beautiful sign, considering it cost 10+ grand to get current on financials, auditor, attorney, etc. Nobody spends that kind of money for nothing!
Very well spoken! Yep, I’m hanging in to see what happens. I feel the same way, I entered at .0001, for $300 a year ago and missed out a few times just from bigger plays. I just need to weed out some of my duds and grab up some new picks.
Thanks for the advice!
Thanks for the info! If you don’t mind me asking are you still holding on MINE OR ARE YOU OUT?
At least no R/S, so I haven't technically lost yet:)
Can someone please update me on MINE. I've been sitting on a couple million shares for a year and missed the boat several times, are they done?
It seems like every week we are seeing more and more progress from TNRG shifting from R&D (research and development) to A & R (accounts and receivables) :)
I am ok with the 10% drop today and that is the exact reason I jumped back in before the bell closed. If you look at the chart on TNRG, it does the same thing before every run. Not to mention there is a lot of accumulation going on and it’s coming from my kind of buyers. I expected a lot of selling today from everyone that just got in last week at .005. I will do another quick flip this week and wait for the signals to rinse and repeat:) Good luck MC!
I think TNRG is pretty dependent on Magnegas fuel which was created by the CEO of TNRG and Magnegas TRNX. TNRG also just took control of the IP for Magnehydrogen (Previously owned by Magnegas) which is Hydrogen infused with Magnegas to solve the density/storage problem of Hydrogen, and also increases the energy output by achieving complete combustion. Makes sense that they keep a truckload of MagneGas on standby:)
Sorry George, I went all in today on TNRG:) grabbed another 1.25 million at .0079
TNRG
Good morning TNRG, hoping to see .015 today!!!
This one usually run’s good for a few days when it gets hot and I wouldn’t be surprised to see .014 tomorrow and hopefully bring a lot more eyes as well. It seems like every 2 weeks or so it flies with little to no news.
Ouch, I feel ya. I bought this one at .20 a couple years ago and sold at .12.... However I have made a profit flipping way more times than I count.
Yes it does, I sold some at .009 for a 40% profit a little bit ago, but still holding strong with the rest.
Did I miss something, how does this one keep running with no news or filings? Obviously, something is cooking, but what???
Whoa, buckle up for another run on the TNRG train!!!
Absolutely none of them, all buys were over the .005 and it stayed on L2 all day. Good sign!!!
Very nice, is that you on the bid for a million shares?
Nice, I got another bid in today for some .0058's, hoping somebody bites:)
That run didn't last long...
Big Hands trying to come in now, got a bid for a million shares up now...