buys stock in bulk! Stock up and save!
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Whup! Whup! :)
I'd strongly consider adding WNRC to that bucket list :)
I'll get on that too :)
Another Cable Acquisition with a few thousand subscribers is in order here. ;)
Can't have it both ways... The world is demanding more silver, gold, copper, and zinc... they have to get it from somewhere...
So, what do you prefer California which has regulations and a place where you can bird dog or do you prefer a 3rd World Country where there are ZERO regulations.
You can say all you want that you don't want any mine...but let me tell you something if it doesn't happen here it makes a mine somewhere else that much more attractive.
Kind of like...If you were Governor of Washington State...Would you want Boeing to stay in Seattle and have NO Unions...or move to South Carolina, a Right To Work State, and lose thousands of jobs?
You have to make a decision and ANY environmentalist with a gun to his head would rather have it California where they have millions of other environmentalists to help watch the project.
Buddy, I've been to Owens Lake - it's a dump. You couldn't pay me to camp 2 nights there. And, I SERIOUSLY doubt that this mine would pollute it given the new mining techniques and all the legislation that has been passed to protect the 3 eyed frogs in the state.
Best you can do is buy into SUGO...hope they get bought out or partnered up...make a lot of money on the stock...sell out...then fight it. At least that way you make money like the rest of us. Heck if you took $250,000 profits you can probably buy ALL of Owen's Lake. It's not exactly a hot spot of activity or within 50 miles of a town larger than 10,000 people.
Sorry, got to remove myself as a mod.
From 10Q
On April 5, 2011, the Company entered into a Share Exchange Agreement with H.A.M. Group Limited (“HAM”) pursuant to which it acquired 1,996 ordinary shares of Triple from HAM representing 5% of the issued and outstanding ordinary shares of Triple. After taking into account the effect of this Agreement with HAM, the Company presently owns approximately 50% of Triple. In consideration of the shares, the Company issued HAM 12,000 shares of Series A Preferred Stock and a 6% Convertible Debenture due June 30, 2011 for the amount of $600,000 (the “HAM Note”). The Series A Preferred Stock has a stated value of $100 per share and is convertible into our common stock at a conversion price of $0.30 per share representing 4,000,000 shares of common stock. Further, the Series A Preferred Stock votes on an as converted basis multiplied by three and carries standard anti-dilution rights. The Series A Preferred Stock does not carry preferential liquidation rights. The HAM Note is convertible into shares of common stock at a conversion price of $0.20 per share.
Everyone here is very helpful and absolutely I'd recommend calling the CEO. Glad you decided to follow my message to here. Lol, watch out for YellowFin - he's an SC grad. But, everyone is here to make money and long term we think we have a pretty dang good shot at it.
Nice and clean... I love it. Can't wait till we buy a few thousand more subscribers. I wonder how many subscribers we've added and will add because of HD, Internet, and Phone.
In a market where everything has been taken down...surprised to see it acting strong the last few sessions.
RBtree...would you feel better if SUGO is able to mine in a heavily regulated and an environmentally minded California...
Or, would you rather have a mine be done in a 3rd world country (even Mexico) and have them use old, outdated, and toxic methods to mine everything?
Just curious.
Just remember, if SUGO is able to pull together a partner, it's not going to be just a double. Any partner SUGO gets would be a HUGE to the market cap here. SUGO has a market cap of less than $3 Million!!! Every Million Dollars SUGO gets put into it should increase the market cap by $.05 IMO. Probably more.
Not going to be difficult for SUGO to double/triple/or more from this beat down price.
Good volume the last few trading sessions at this price range. Magic spot? ...wish I would have bought a lot more down here...but, still very happy with my position.
SUGO gets a partner and we are so off to the races.
LOL, we should have sold out of these on the last day of May...should have traded that window dressing...everything got crushed June 1 :(
Glad to see the bids crawling up here...Next stop will be a $.30 base IMO. We softened up the $.30 range now its time to push up to $.35 and keep a solid set of bids at $.30+ On our way to that $.58 price target!
Sometimes that happens...not a big deal...the company is at least willing to put out news at the correct time. Not sure what they are doing to get the news out to a wider audience...but, it's at least a good first step.
I'd really like to hear an update on some advertising...maybe some TV Commercials? ...with a convenient (publicly traded as)... :)
$.30 got softened up last week on WNRC...News should push it up to $.35 IMO and keep that $.30 bid.
Heck of a chart!
http://investorshub.advfn.com/boards/board.aspx?board_id=4629
I'd just like to see MWA have a 3-5 day settling at a price...then I'm coming in for $15,000.
Stocks go down in the absence of news...SUGO is working on a major partners. The only piece of news I am really concerned about is getting a major partner. I believe the stock has been shorted and we get a major partner, we also get a short squeeze.
I hope that when they do get a partner they get some shares bought back in the open market.
Doesn't help that some environmentalists have been posting misleading things on the board. But, I think they realize that Gold, Silver, and Zinc mines will happen... Either in this country or another (like Peru)... and environmentally speaking wouldn't it be better to have a Mine in the USA that actually has regulations and watch dog groups rather than a 3rd world country which has nothing but slash and burn and depends on bribes to get things done.
I think a mine in California would probably be the MOST regulated mine in world...and subsequently, the most environmentally friends.
Look, Gold is OVER $1500/ounce, Silver is over $36/ounce... new mines are going to be built, there is ZERO doubt about it. SUGO has claims staked and has minerals. A partner can easily come in and get it done. Which, would make the stock BOOM! IMO.
Update on the WNRC chart...
8 Million Share Buy Back this month will really give it a BOOST! :)
http://investorshub.advfn.com/boards/board.aspx?board_id=4629
I think the question is will 11,700 hold. :(
I'd really like for BSX to have that bounce!
I think MWA is priority on my watch list... Just got a feeling that when it finds a base its time to load up.
I bet WNRC puts out a PR announcing at least some of those shares have been bought back in the next 10-14 days. Would NOT be surprised to see another acquisition in June. Keeps plugging away...
No need to find something to flip when we both have an obvious double, triple, or more here with WNRC.
LOVE THE FACT THEY ARE BUYING SHARES BACK.
http://investorshub.advfn.com/boards/board.aspx?board_id=4629
Actually going to pick up $2000 more of SMKY here. When I come in...it will be for $20,000 over the course of a few weeks.
For real...starting to like this company more and more.
I think your other company WNRC is a winner. Not too many companies are able to reduce the share structure by 20-25%. But, I guess when you get a Q1 with $533k in Net Income...you can do that sort of thing.
WNRC is an awesome company...$22 Million in Assets...and only a $10 Million Market Cap???
Seriously it looks strong...a little more volume and I think it will hit the projected price of $.58/share.
The chart shows it keeps moving up and filling in.
http://investorshub.advfn.com/boards/board.aspx?board_id=4629
WNRC has $.95 in Comparative Asset Value when you compare it to other Cable Companies like CVC (CableVision).
And, it has more than enough Net Income from just Q1 to pay for it's debt. CVC is strapped with $13 BILLION in debt.
An 8 Million Share Buy Back should help to jump the price more than 30% ...should see this PR this month as it has been mentioned it was coming in other PRs and was just released in the company's shareholder presentation.
The chart shows it keeps moving up and filling in. Ready for another large move up on the share buy back. Not to mention it has $533k in Q1 NET INCOME..not revenue, but NET INCOME!
http://investorshub.advfn.com/boards/board.aspx?board_id=4629
What debt WNRC has it can easily pay for with Net Income :D
Good to see more news come out of FXIT. Expect a bottom bounce here soon.
WNRC's Satview Cable Division Kicks Off the year with $533k Net Income for Q1. Or, $.014/share in NET INCOME for the first Quarter. Numbers for WNRC's other division Ngen Solutions have not been announced yet. So, we should get those numbers soon. And all numbers AUDITED as it looks to move to a higher exchange.
What will really kick things off is an 8 Million Share Buy Back reducing the outstanding from 38 Million down to 30 Million Shares ...should provide at least a 30% boost to the stock price.
http://investorshub.advfn.com/boards/board.aspx?board_id=4629
Looking for a PR in the next 2 weeks on WNRC to conclude the announcement of an 8 Million Share Buy Back (38 down to 30 Million Shares). Should see a price jump when it happens and for volume to increase dramatically again when it happens. The 15 month chart for WNRC is below and it's solid!
$22 Million in Asset Value
$533k Net Income for Q1
http://investorshub.advfn.com/boards/board.aspx?board_id=4629
WNRC $22 Million in Current Assets...
$.58/share given as Asset Value for the company..
Currently trading at $.28...share buy back of 8 Million shares will take this from 38 Million down to 30 Million Shares.
$533k In Net Income... I could almost smell a dividend :)
http://investorshub.advfn.com/boards/board.aspx?board_id=4629
LOL I saw that... and they put it out on MONDAY MORNING TOO!
KUDOS... Just needs a little volume to kick it ;)
Stock market is a fickle entity... But, if they continue to do the right things like put out news on Monday morning it will carry the whole week and people will respond. It's just the right thing to do IMO.
How much UNDERVALUED is WNRC? and What can make it jump more than 30% in one day???
SHARE BUY BACK! of more than 8 MILLION SHARES...It will happen soon. Here is also a sample comparison of Fundamentals to show why it also justified and poised for a MAJOR RUN.
CVC (CableVision)...
Total Assets = $7.63 Billion
Market Cap = $9.85 Billion
...or 29.1% Above Net Asset Value
WNRC (WENR Corp)...
Total Assets = $22 Million
Market Cap = $10 Million
...or 54.5% BELOW Net Asset Value
Price of WNRC if it was trading at the same valuation as CVC?
...$28.4 Million Market Cap or $.747/share (i.e. a TRIPLE!)
AND THIS IS BEFORE an 8 Million Share Buy Back...
After a BUY BACK this should trade at $.95/share
Math doesn't lie...this is a 3-4 Bagger based on CURRENT FUNDAMENTALS!
The more bids and stronger the bid side looks, the more volume we'll get and both strong bids and volume will be what gets new shareholders into this and excited about it.
You're right...not much downside here. $.58/share (NET ASSET VALUE) is where this should be trading (if not higher).
CVC (CableVision)...
Total Assets = $7.63 Billion
Market Cap = $9.85 Billion
...or 29.1% Above Net Asset Value
WNRC (WENR Corp)...
Total Assets = $22 Million
Market Cap = $10 Million
...or 54.5% BELOW Net Asset Value
Price of WNRC if it was trading at the same valuation as CVC?
...$28.4 Million Market Cap or $.747/share (i.e. a TRIPLE!)
AND THIS IS BEFORE an 8 Million Share Buy Back...
After a BUY BACK this should trade at $.95/share
Math doesn't lie...this is a 3-4 Bagger based on CURRENT FUNDAMENTALS!
BUY ALERT PENDING ON WNRC...
8 Million Share Buy Back, when announced will take the stock from 38 Million Issued/Outstanding down to 30 Million Shares. Will be on everyone's screens...Serious bump in the stock price could occur...
Stay tuned and radar it.
http://investorshub.advfn.com/boards/board.aspx?board_id=4629
WNRC filling and moving upwards...
More news expected this week and next. The 8 Million Share Buy Back should happen this month too.. That has a way of moving things up a bit :D
38 down to 30 Million Shares. Coupled with a $533k NET INCOME for Q1
http://investorshub.advfn.com/boards/board.aspx?board_id=4629
8 MILLION SHARE BUYBACK COMING DOWN THE PIPE!
WNRC should see another 50% move to the upside on the completion of this share buy back....It's happening now as we speak!
38 Million down to 30 Million Shares...
AND a $533k NET INCOME for the first quarter...
http://investorshub.advfn.com/boards/board.aspx?board_id=4629
A PHENOMENAL CHART...WNRC continues to move up and should continue to move up with the completion of an 8 MILLION SHARE BUY BACK...Taking this from 38 Million to 30 Million Shares...
$533k in Q1 NET INCOME doesn't hurt either...
http://investorshub.advfn.com/boards/board.aspx?board_id=4629
A few more bags piling on WNRC...
Look at the chart! NOT a bottom bounce hope for the moon play here...
CONSISTENTLY MOVING UP, FILLING IN, and MOVING UP AGAIN!
http://investorshub.advfn.com/boards/board.aspx?board_id=4629