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Asher selling done? Trading at pre-DTC chill level now. Blood on street.
congrats!!!!!!!!
Gobble, Gobble, Gobble all 7s
We don't need this alert. All we need is latest business update and clean modified website from GRPR. PPS will recover on its own.
Isn't Solimar was their JV partner for Kreyenhagen Trend Prospect?
This was the previous IR reply:
Regarding the anticipated press release of August 26, 2013.
The company had anticipated that it would be issuing a press release
regarding the Kreyenhagen Trend Prospect however at the request of the
joint venture partner, and in compliance with contractual obligations,
the company is delaying the particulars of that release until further
notice.
The company will be updating the shareholders as soon as possible
regarding developments in the Kreyenhagen Trend acreage and other
field developments.
Regards;
IR.
Quoting Peter Gates <***@***.com>:
> Hi,
>
> Could you please let me know if any PR expected today? I thought it
> was coming in pre-market.
>
> Thanks
> Peter
All Good points Tob999! I think its a possibility. Can't wait for Monday
Here's the latest link on Sept 2nd alert for GRPR from Capital Equity Report
http://www.sbwire.com/press-releases/trending-penny-stocks-wmi-holdings-otcmktswmih-grid-petroleum-corp-otcmktsgrpr-chromadex-corp-otcmktscdxc-plc-systems-inc-otcmktsplcsf-320269.htm
It is difficult to say because Alert does not mention company name.
I think fireworks if that company is GRPR and there is some good PR from company itself. But again with oversold PPS one never know it could happen much earlier. i am sure there are many investors watching this closely from sidelines. If they decide to jump we might get the pop soon. 2 weeks back on friday afternoon around 3 pm IR sent an email saying there will be premarket PR and they provided one. Lets see if IR says anything today.
I got that one too. Looks like News after hours today or monday morning. Keeping my fingers crossed
He is just trying to pull something out of no where to pass time. Ignore him
Next thirty days (PR released on Aug 22) = Sept 22 (sunday)
So we are talking about less than 2 weeks. Looks like too many news on horizon. IR guys was right in mentioning
"waiting for approval of on-going negotiations"
GRPR will pop up north soon. These levels of oversold PPS are gift.
Hope we get Solimar pending update soon. As per the latest 10K,
In recent months, Solimar Energy as operator has been active on the Kreyenhagen Trend Prospect. Six wells have been submitted to the State of California for permitting. The permits are still under review by the State of California.
Bawden 1-24 - The well that we have a Carried Interest or Farm-in well where we will not have any expenses and we are carried 100%. Target Zone: Temblor Test
Vintage 1-17 - Temblor Test
Vintage 1-21 - Temblor Test
Den Hartog A-1 - Avenal Test
Den Hartog A-2 - Avenal Test
Den Hartog A-3 - Avenal Test
Each Drilling permit requires a Blunt Nose Lizard "study" to be conducted once in the spring and once again in the fall. After the study is finalized the drilling permits can be issued and the drilling process is expected to start. Plans to spud three exploratory wells sometime in 2013-2014. The Blunt Nose Lizard studies are still underway and upon completion the State of California will finalize the review of the proposed drilling permits.
Thank you, Tob999!
GRPR showed good support today. High bids at 7s and great slaps at 8s. Looks like news is coming soon. Anybody got in touch with IR recently? Please share if so.
"The company will issue news when it has confirmed and completed several on- going negotiations"
This is more than sufficient response from IR to indicate what's going on currently.
GRPR is not profitable yet, that's is why it is a steal to pick more at this ridiculously oversold territory. When it becomes profitable ready to pay in dollar/s per share. You should ask questions to IR as well about cost management, R/S etc. They are pretty honest and usually reply with factual data. But wait you are same as 'SB'...may be you already got your answers. Lol!
Facts? Give me a break. Show me facts why R/S will happen here? It is your baseless assumptions for you to believe. Does not mean anything.
R/S is not gonna happen. Hence no need for all that . GL!
I know my risks and rewards. Stop spreading false information.
No. But it is too easy to detect when people use multiple ids to counter argue their own statements. It is like a big drama of many characters played by a single person. I can tell when one have many more than just 2 ids. I don't know why people do that, one can just flip it at their own risk. Easy.
Way to go tob999!
Just wait for the right PR and all of a sudden 'SB' and 'Nistel' will stop posting and some unused IDs will start to surface. Everyone should be clearly beware of this before making your decisions.
Is it OK if person creates multiple ids and posts on this forum? Is that not BIG violation?
R/S will never happen this year or next.
Well Doc, Its your chance to pick more GL!
Exactly how many aliases you have SB?
Someone was trying to load the boat 36 mil@ 0.0006. One lucky SOB...Lol!
Agree, RS is not going to happen. It is all waiting game now until next PR. Has anyone contacted IR recently?
News tomorrow would be nice. Last PR was on Aug 22nd. It is time.
Only 7 mil volume. Easy to walk down the PPS and easy to rise it to after shaking weak hands. same old same old...
I don't doubt it at all Same old R/S BS, blaming Tim deherrera etc. Typical SB on his/her new tricks to get in cheapies. He/She lost all credibility.
Who knows may be they will give us a surprise PR tomorrow and we may not see these low PPS ever again.
Yeah, hoping for the best.
MMM,
This was the response from IR yesterday when asked for upcoming news
Patience is key here. GL!
**************************************************************
Peter,
The company will issue news when it has confirmed and completed several on- going negotiations, not before for the sake of putting out fluff news releases.
Regards;
IR
**************************************************************
I hope so too, Brendan!
Welcome to GRPR, American Petroleum! As per IR correspondence few days back it takes anywhere between 2 weeks to 2 months for operator application approval. Ask as many business questions as you can to IR. They will answer your queries.
You can email IR at ir@gridpetroleum.com and get more info.
Many share the IR response on this board, I hope you will do the same. Good luck to you!
Here's some of my questions answered from IR. I hope it will help your DD.
********************************************************************
Peter;
I will answer what can be answered at this time.
1) Status of Blunt nose study.
We are awaiting Grid's copies of the completed study. The company
expects to receive it within a week.
> 2) Typical time-frame to get "operator license" in CA?
The process requires two parts which include the application( and
subsequent approval) and then upon application approval the
application of a drilling permit to drill on one of the company leases.
> 3) Typical time-frame to start drilling Kreyenhagen?
That is subject to the operators permit and the approval of a
drilling permit by the state. ( 2 weeks to 2 months?)
> 4) Are Garcia #2 & Garcia #3 Well & SE Jonah still assets of the company?
Garcia #3 yes the company has an interest in however the company is
currently considering legal recourse against the Operator Progas and
Dan Polk for negligence.
> 5) When exactly shareholders can see new website reflecting the
> changes? I think this is very important because when I try to spread
> the prospects of your company among my friends they say it is very
> difficult for them to get information from the website. I want to
> bring more investors to your company. Only possible if there is
> clarity on the company's assets and prospects.
Currently in development. We are waiting for some developments that
have not been announced yet to finalize and the site will be completed.
> 6) Are we planning to get "operator license" in Texas prospects also?
The company had a Texas operators permit, however it has been
suspended due to pollution violations by Progas and Dan Polk as
operator of the Garcia #3 well.
The TRRC has held our operators permit up in order to enforce Dan
Polks clean up of the settling pond on the Garcia #3.
> 7) What are the chances of dilution? Can you give some insight on share
structure? Is reverse split on horizon?
The company has a Note coming due at the end of August which will
dilute the stock further.
The company is always raising capital however it is currently seeking
to od so in a less dilutive fashion.
No reverse planned at this time.
> 8) Is company still open for JV partnership/mergers?
Ye s and is current in discussions with potential partners.
> 9) Is there going to be shareholder's meeting any time in near future?
Not sure when, however there will be one announced relatively soon.
> 10) Could you please provide P10 valuation based on current assets?
> When can we expect next PR approximately?
We have to stand by the valuation given by the Auditors as reported in
the latest 10 K
>
I hope that helps.
Regards;
IR
********************************************************************
You got in very good price. Like any sub penny stock, no news will fluctuate the PPS. GL!
I thought about it! I got in at 0.0027. Not yet sold a single share for loss. I will either win this or go down with the boat. What's your story?
Congrats! GL to you!
GRPR has the news on Kreyenhagen but could not release because Solimar has to permit it first as per IR.
***********************************************************
From IR.....
Regarding the anticipated press release of August 26, 2013.
The company had anticipated that it would be issuing a press release regarding the Kreyenhagen Trend Prospect however at the request of the joint venture partner, and in compliance with contractual obligations, the company is delaying the particulars of that release until further notice.
The company will be updating the shareholders as soon as possible regarding developments in the Kreyenhagen Trend acreage and other field developments.
Regards;
IR.
*************************************************************
Take a look at 10:56 am trade 15 mil. buy at 8s