Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
You can check various time periods at shortvolume.com
longs generally look askance at the twice monthly figures bc mm's have a dozen ways and 3 days to manipulate those figures, as per 4kids9pets and 7-10-111 etc
the chart below wouldnt upload but includes the tape shorts but not nontape shorts(shorters argue about this as an accurate measure of shorts-shorters prefer the twice monthly figures)reported to finra DAILY -
shorts remain fairly high throughout no matter what PR's say-as if shorters -being an opposite view on so many things- just dont believe and think ZN is crazy or are being used to keep pps down to hurt ZN bc the adversary doesnt want people or Israel blessed
http://shortvolume.com/chart_engine/draw_chart.php?Symbol=ZN&TimeRange=180&
I'm not Bob and I've never received a cent for my postings- and before this i didnt know any more about mining than a tourist-but i'm a quick learner and via pictures CWRN released more real info than maybe any penny co I've followed
you kept saying 58% would not ship internationally- CWRN loaded many ships -Bao kept buying -they would not keep buying 58%- lab results posted were 64%- mobile recorders showed as high as 67% in outcroppings
you cant erase what was a successful startup until a number of outside manipulations by making up stuff in everyone of your posts and shouting untruths
where do your 10 points come from and the proposed PR? below them (at the end of your post)
for a discount of $500/hr -they were posted over and over by several -go back over past postings -i dont work for you
do you have amnesia -has your personal revenge vendetta against bob made it impossible for u to learn-seems that way- 10's of 1000's of hours of dd were posted over and over- the mag sep removes the fine particles and dirt which is why the byproduct(removed)is only 58% and after further separation by the custom trommel why the fert was only 55%
Bao- A Chinese company- kept buying load after load after doing their own testing -further proof loads after 1st ship were 62 plus
you made up half the problems such as high sulfur
in multiple youtube videos Mark said the name of the volcano in question
he was given was Sinabung on island of Sumatra in Indonesia
https://www.economist.com/sites/default/files/imagecache/640-width/20171202_ASM948.png
That volcano became active again recently
https://gizmodo.com/indonesias-mt-sinabung-volcano-erupted-today-and-the-p-1823135796
Mark said the USA oil rigs Obama sent packing were returning to the usa in last few months-the usa becomes the largest oil producer this year i believe
12-16-16
Energy Energy
The Spirit of God says, "Energy, Energy, I am releasing new energy. For this new
energy that I am releasing will make my America and my lsrael, energy independent.
For America and lsrael will now be the top energy producers in the world. This new
energy and the technology to capture it, will spring forth from the depths as the volcano
erupts from the depths. This is the sign that will be given... a massive volcanic eruption
will signal that this is the time for my America and lsrael and the end of the energy
corruption. OPEC, your evil regime will no longer be tolerated. You will no longer be
needed, for you refuse to listen to my words and have not heeded. For when that ring
of fire blows its top, it will be a sign to you that you will lose your stock and the covenant
you have with that ring will be lost."
The Spirit of God says, "You countries that have dominated energy for decades, to
move your evil agenda, are charged with this guilt. Your days are numbered and you
will say, look how fast this was built. My America and my lsrael wilt be one and
because of this, you will be undone. Because of your rage, and the money you made
from those countries you manipulated and attacked from within, you will now have to
turn to those countries for help on a whim. For your wells will go dry and your finances
too, for you will now be fed, from the Red, White, and Blue."
good question - PR says "up to" three primary and two secondary deep target zones
May 17 PR says 7-10 days /zone for basic testing and longer if more testing
Zion Oil & Gas Resumes Operations on Megiddo-Jezreel #1 Well in Israel
Israel's Energy Ministry grants approval of Zion's Well Testing Plan
DALLAS and CAESAREA, Israel, April 30, 2018 /PRNewswire/ -- Zion Oil & Gas, Inc. (NASDAQ: ZN) announces that it has resumed operations on its Megiddo-Jezreel #1 (MJ #1) well. After receiving formal approval from the Israeli Energy Ministry, Zion will now begin to flow test the MJ #1 well after reaching total depth of 5,060 meters (~16,600 feet) in February.
https://mma.prnewswire.com/media/684277/ZionOilLicenseJezreelValley.jpg
Zion's President and Chief Operations Officer, Dustin Guinn, stated, "As can be expected with an exploration well with very little offset data, we wanted to take adequate time to properly evaluate our logs both internally and externally. We are very pleased with our internal geoscience staff and our independent petrophysical consultants, each of whom did a great job in their analysis. We are confident that their analytical work positions us well to deliver successful results. The equipment, which was sourced from the Netherlands, Italy, and the United States amongst other countries, has arrived and we are very eager to start our testing program."
Zion's CEO, Victor G. Carrillo, added, "Based on our internal interpretation that is supported by third-party petrophysical analysis, we have chosen up to three primary and two secondary deep target zones to test for flow/production capacity. Dr. Lee Russell, Dustin Guinn, and I will travel to Israel to observe and oversee the initial phase of well testing. We expect to start testing the first zone in the first week of May and testing will likely take several weeks to complete (depending on individual zone outcomes). We cannot comment on the well's capacity for commercial production until after we conduct and analyze our well testing protocol. We will endeavor to provide further updates as material information becomes available."
Zion's 2018 Annual Shareholders Meeting will be held on June 5 at 2:00 pm at the Westin Park Central in Dallas, Texas. All shareholders planning to attend are asked to register on Zion's website (www.zionoil.com/2018-annual-meeting-of-shareholders/). Shareholders are also encouraged to obtain Proxy information and voting instructions online from AST Financial (www.astproxyportal.com/ast/Zionoil/).
"And by the Almighty who will bless you with blessings of heaven above, Blessings of the deep that lies beneath …" Genesis 49:25
"In His hand are the deep places of the earth …" Psalm 95:1-7
FORWARD-LOOKING STATEMENTS: Statements in this communication that are not historical fact, including statements regarding Zion's planned operations, anticipated attributes of geological strata being drilled, the presence or recoverability of hydrocarbons, operational risks in testing and well completion, timing and potential results thereof and plans contingent thereon are forward-looking statements as defined in the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on assumptions that are subject to significant known and unknown risks, uncertainties and other unpredictable factors, many of which are described in Zion's periodic reports filed with the SEC and are beyond Zion's control. These risks could cause Zion's actual performance to differ materially from the results predicted by these forward-looking statements. Zion can give no assurance that the expectations reflected in these statements will prove to be correct and assumes no responsibility to update these statements.
Contact Info:
Zion Oil & Gas, Inc. (NASDAQ: ZN)
12655 North Central Expressway, Suite 1000, Dallas, TX 75243
Andrew Summey
Telephone: 888-891-9466
Email: andrew.summey@zionoil.com
www.zionoil.com
https://mma.prnewswire.com/media/684276/LicenseMap.jpg
https://mma.prnewswire.com/media/537876/Zion_Oil_Gas_Logo.jpg
https://c212.net/c/img/favicon.png?sn=DA80680&sd=2018-04-30 View original content with multimedia:http://www.prnewswire.com/news-releases/zion-oil--gas-resumes-operations-on-megiddo-jezreel-1-well-in-israel-300638905.html
SOURCE Zion Oil & Gas, Inc.
on the federal level FOIA requests are free for the 1st 2 hrs of agency research and they tell u if costs will exceed 25 dollars(i've seen state requests upfront charges of 500)
i didnt even realize this could be a reason for pps fall bc this is a scare tactic often used against companies
"What I would like to know is if Mr. Probes Reporter (and his clients, who for that cool $20k can get "private meetings & conference calls" with Mr. Probes himself) shorts a stock once he (and his clients) receives the affirmative response from the SEC of an investigation, prior to accusing a company of being under investigation on social media. Would this activity be illegal?"
very interesting question-quite a racket bc such a racket seems to violate the INTENT of insider trading without being insider trading- what is the definition of insider trading-usually involves info privy to the company or those who received such material nonpublic info from the company-and the company often does not know until they receive official charges etc from the sec
once the FOIA reply is released its public info-so not private info- though to most people it is private
it is material nonpublic info(NOT USUALLY KNOWN TO THE COMPANY) until released
there are shorting groups who presumably short based on their advanced knowledge of SEC investigations(by regularly researching sec docs etc)and then they break the news of an SEC investigation on these boards-such news would be particularly chilling during the era when political appointees-including those at sec- were instructed to destroy penny companies bc "all business is evil and has to be stopped":
i've asked such a group if they had advanced knowledge of what they announced on the board and they of course said no-i didn't believe them bc their pattern of posting indicated to me something was coming.
I doubt that ZN has knowingly committed infractions
2 of the 5 SEC commissioners,though they may not directly rule on these things, are now pro-business,so the 2009-2017 terror reign we came out of is now over
most investigations probably dont end up in charges
when they do, a settlement is usually reached before trial
outside of the bizarre stock environment from 2009-2016 the general rule is innocent until proven guilty
shorters etc often shout sec or insider knowledge as scare tactics
ZN insiders cannot trade on insider info and they now even more likely wont now that this is on the board
and why the byproduct fert was 55%-all these things were posted from the official docs
https://www.marketindex.com.au/iron-ore
price is above 64 - no 40's anywhere near-baja14 never had high sulphur- byproducts were just that -byproducts -not expected to have as high % of iron-which is why the byproduct fines are ca 58
I agree- I was just tempering expectations of those who were going to the stockholders meeting-that they probably wont hear ongoing testing results as per Zions own tweet that results would be held til testing was done- and as the May 17 PR said, basic testing would take 7-10 days per zone with 5 zones and extended testing may take longer/zone
I was in this many years ago and lost money bc of all the fundraising tactics which at times have major impact on pps as we just saw, with many presumably exercising their right to buy rights on the last 2 days of such-May 30-31
whenever options convertibles pp's warrants etc are available or exercisable for less than the market price,they inevitably take their profits and bring pps down
there is no 40's on these charts -iron now 64.53 plus more for lump ore and for premium ore over 62%
CWRN had mixture of 58 and 62 on 1st ship bc trucking began ca jan 11 2011, within days of the newly acquired custom mag separator operation, but rest of ships were 62 or 62 plus
the byproduct fines still on site? may be ca 58% but thats byproduct
big co's dont think in terms of fert bc they are focused on interstellar domination, such as greed on steroids, but Bob had his thinking cap on to enter other markets
(0)
(0)
5 zones -7-10 days/zone for basic testing asper May 17 PR-their tweet posted recently indicates they will not provide info til testing done-
so that puts them in an odd position at the shareholders meeting-withholding ongoing testing info
Zion Oil & Gas Operational Update on Megiddo-Jezreel #1 Well in Israel
Current Rights Offering Will Not be Extended Beyond May 31, 2018
DALLAS and CAESAREA, Israel, May 17, 2018 /PRNewswire/ -- Zion Oil & Gas, Inc. (NASDAQ: ZN) announces that it expects to commence perforation, stimulation and flow back operations on its Megiddo-Jezreel #1 (MJ #1) well as early as next week in Israel.
https://mma.prnewswire.com/media/692908/zion_oil_gas_megiddo_jezreel_rig.jpg
Zion's President and Chief Operations Officer, Dustin Guinn, stated, "After extensive well preparation, rig up and endurance testing of our service provider's imported well testing equipment, which includes additional well control equipment, flare stacks, separation units, slick line unit, stimulation and storage equipment, we are ready to begin the highly anticipated testing and flow back of the MJ #1 well. We recognize that this has taken longer than expected, but the fact remains that Zion has just surpassed one year without a recordable incident, a great achievement, and we will not increase our risk profile to save a few days. While we do not have a definite timeline for the testing of each zone, especially if we need to perform extended flow back testing, we expect basic testing to require approximately 7-10 days per zone to perforate, run tubing, monitor flow, stimulate and resume monitoring flow. Extended testing will require more time."
Zion's CEO, Victor G. Carrillo, added, "Having recently returned from Israel, we remain very excited about and anxiously await results from our upcoming well testing operations. In addition, we celebrate the State of Israel's 70th anniversary as a nation and I heartily applaud and commend the President's decision to move the US Embassy to Jerusalem – Israel's eternal capital. Mazal Tov to Israel!"
The current Rights Offering expires at 5:00pm Eastern Standard Time, on May 31, 2018 and will not be extended. All shareholders that held ten or more shares on April 13, 2018, are eligible to participate until then.
Zion's 2018 Annual Shareholders Meeting will be held on June 5 at 2:00 pm at the Westin Park Central Hotel in Dallas, Texas. If you are a shareholder planning to attend, please register through our website (www.zionoil.com/2018-annual-meeting-of-shareholders/). Shareholders are also encouraged to obtain Proxy information and voting instructions online from AST Financial (www.astproxyportal.com/ast/Zionoil/) and cast your vote via proxy.
rocketman and I and others posted the fert components many times
minnesota usa iron is too full of impurities -ca average of 50%- to be used for fert- brazil is probably not even aware of the demand for iron fert in the usa,esp on the west coast.
as noted many many times,its not just the iron but the other ingredients which were posted many many times
they bought a very highly specialized super heavy duty trommel to separate the fines from the more fert like components -we all saw the pics of the trommel esp on its arrival may 2012 to process 200k tons of that fine byproduct
and they were going to ship some of the fert byproduct to Oregon(organic gardening is a huge and rapidly growing enterprise on the west coast)ca August 2012 but mr murphy raised his ugly head again-
1) Mexico unexpectedly required an export license to the USA bc the chief component of the fert was iron(as in iron fert sold in stores)
2)but at that time no permits were being issued bc the Mexican Presidential election of July 1 was being appealed to the Mex Supreme court
3)and when after months that appeal was over Mex was left w a lame duck Pres and still nothing was being done re permits(if you knew how Mexico operates one would understand why-even Walmart of Mexico publicly got caught in that bribery to do business Mexico way of doing business)
4)their planned dec 2011 shipment was blocked by the port or somebody just 24 hours before signing for the ship-Mexico kept changing the rules without warning due to illegal mining on the mainland and mexico didnt know its geography enough to limit those constantly changing rules to the illegal mining areas
5)due to mexicos changing rules-the right hand of govt not knowing what the left hand of govt was doing ore at port of 45k tons was held hostage by the port
6)so their shipment of regular product and other products were all being blocked due to these changing circumstances beyond their control
7)so with their income continually being blocked and heavy expenses -e.g trommel cost 800k?-they had to shut operations october 2012
8)Bob eventually won the court case case against the port-ca 1 week after he was forced to sell CWRN due to these circumstances-we saw pics of cheryl next to the 80k? ton Ilia which thus shipped that ore at port plus 23k tons of "other product" for over ca 69068 tons-
due to the limited draft at Ensenada port they often couldnt ship more bc the ships draft -such as i believe if i remember right ilias 11.7 draft loaded w 69k tons would exceed safe port operating limits
the number of difficult circumstances they had to deal with beyond their control defied the laws of probability-no way to explain than an active very real mr murphy
the never before seen practices against cwrn and thousands of other pennies included illegal unconstitutional stock restrictions without notice -an effective eminent domain taking against innocent 3rd party purchasers(longs) which never happens in the law
during my life i've seen that all good people are targeted by these attacks which exceed the laws of probability and i've been called upon by leaders to deal w such attacks in their personal lives
a judgment has begun which will eventually reverse some illegal happenings of the past years
for the 100th time as shown via dd Baja 14 did not have a sulphur problem or low grade ore etc
Mexico Industry News by Josue Rodriguez
Port of Ensenada claims increasing share of West Coast shipping
As the Los Angeles-Long Beach port complex becomes increasingly congested, Mexico’s Port of Ensenada just south of the border is winning new cargo traffic bound for Mexican factories.
Port of Ensenada
The Ensenada International Terminal is a growing enterprise with a 39% jump in volume year-over-year for 2015. Also in 2015, annual container volume was at 196,000 20-foot equivalent units – more than 60% higher than 2010. Ensenada competes with the port at San Pedro Bay, and is expected to continue growing at rates near 10% over the next few years, fueled primarily by recent interest by Asian markets. In addition to the US providers shipping via Ensenada, the port also services Asia with three trans-Pacific services that connect Ensenada with:
Chiwan, China
Ningbo-Zhoushan, China
Shanghai, China
Qingdao, China
Hong Kong
Busan, South Korea
Kaohsiung, Taiwan,
Yokohama, Japan
The port has a current berth of 1,000 feet, but upcoming expansion plans will more than double this. The port can currently handle ships with capacities of up to 11,000 TEUs, but will soon expand its turning basin from 450 meters to 550 meters in order to handle ships up to 12,000 TEUs. Ensenada boasts one super post-Panamax crane, two Panamax cranes, and one mobile crane. The expansion includes plans to swap one Panamax crane for another post-Panamax crane. They hope to boost annual capacity from 300,000 TEUs to as much as 600,000 TEUs.
Recent Growth
Over the US border, just 200 miles north of the Port of Ensenada, the Los Angeles-Long Beach port complex is attracting such high volumes lately that the port has grown cumbersome and congested. Recently, several companies have turned to the Mexican port for shipping their high-tech goods, textiles, and auto parts to Mexican factories.
As it turns out, the port is very fast. Shipping from Los Angeles and Long Beach to Tijuana, for example, typically takes 2-3 days. But shipping from Ensenada to Tijuana is usually same-day. Expedited shipments can be moved off the ship and out of the truck terminal gates in under three hours. And the average truck turnaround time is 45 minutes, which may sound about average, except for the fact that these trucks are dropping off and picking up double loads (two containers at a time). Additionally, the port is implementing a strategy to reduce this average even further to 33 minutes.
Some of the major companies currently utilizing this expedited option at the Port of Ensenada are:
Samsung
Sony
Hyundai,
LG
SunPower
Ford
Toyota
Interested parties can receive Mexico manufacturing information on a weekly basis by SMS Texting the word Tecma to 96000.
View the source article for this post at the Journal of Commerce.
mexican labor costs have been lower than china for ca 5 years now-
lump ore can bring signifcantly higher prices
this is my 3rd attempt to answer your question
of course i understand the difference between the commission and those who work for them- i also understand that people who dont do what their bosses desire get-fired
i've read the securities act sec 12 as amended and published 1-4-17 via P.L.114-284 published 12-16-16-
a security may be registered on a national exchange(i've heard otc is subsumed under nasdaq)by the issuer filing an application w the exchange(and duplicates filed w the commission)
if the exchange authorities certify approval to the commission the registration becomes effective 30 days after receipt of such certification by the commission
pretty simple until the autocrats get involved,which somebody implies is finra as the 'exchange authorities' -this is what i hate about the human race - they use their specialized knowledge to take advantage of people rather than helping people
the securities lawyers preparing these things also do rule 2-11
imo the sec has violated the rule of law due to unconstitutional political directives since 2009- so if probusiness political appointees are in charge of the sec again(2 of the 5 commissioners are now probusiness)and thus the rule of law has returned,NEWC shouldnt be punished for presumptive allegations re the past relationship
http://www.legalandcompliance.com/securities-resources/form-registration-statements/
yes,sec is the entity to sign off
http://www.legalandcompliance.com/going-public-law-firm/practice-areas/
the firm is well tailored to do the job -especially for otc companies as they note
you can click on form 10 on their site
some have said the hard part is getting a mm to sign on to market the stock-I assume the specialized securities law firm has a working relationship with at least 1 mm they can work with-if so the odds are good
the other possible complication is the timing of new probusiness political appointees at sec to replace the previous admins anti business appointees if sec rather than finra etc has to sign off- evidence dictates pro-business appointees had not yet taken over sec in August
-been over 15 months for congress to approve the pro business appointees now so as to return to the rule of law-if they are in place by the time the form 10 is presented there shouldnt be any unsolvable problem.
I dont know how long the process takes but the timing hold up has reportedly been the auditors
THANKS FOR YOUR DD ETC -so the same auditors who were going to have work done by aug or sept?
you're right -law firm can't give timeline without Campo PR'ing that within 24 hours and I dont know if SEC even allows John to PR right now
but,as you say, it would be nice to have independent confirmation the law firm is working on it.
Thanks for staying on this despite all the attacks you receive for doing so.
he's not the only one-most longs left for another board because of the meanness on this board. Btw WOLV went thru all the hoops to change their name to a tech company -not just mining -and btw copper last i looked was over 3 dollars. Chalk does own 15% of decision zone and monetizing that interest will allow WOLV to carry out its plans
Plus the SEC cannot change NEWC ownership interests or contracts
and when anti-business political appointees are replaced by pro-business political appointees we won't see so many shenanigans designed to destroy companies-many of those actions and the greenlighting of others to similarly affect innocent 3rd party purchasers(who are never punished in the real law for the actions of others)have been illegal,punishing innocent 3rd party purchasers(longs)in thousands of low pennies.
Opti-are these the same auditors who were suppose to have finished their audit in August or September?
carl-you have obviously capitulated and reject all evidence of company/audit etc activity out of hand while offering no dd of your own
you are badgering opti and anybody who does not take your tack
Hal, I'm in this because of your newsletters continuously promoting WOLV ca 2009-2010. I had never seen any promoter promote a stock like you promoted WOLV, and unlike many promoters, you seemed honest.
Everybody who has been on this board for long knows you had a falling out with Bruce and now you are angry at all things WOLV,causing blindness re anything good re WOLV.
WOLV has new management now-Bruce is not one of the directors. So is this how you operate -get people to invest in WOLV- and then non stop trash WOLV and anybody who believed you and thus invested in WOLV???
I'm surprised you forgot who I am, as I posted regularly here until a couple years ago.
How is becoming SEC current and monetizing Dr Chalk and WOLV's direct and indirect interests in dz audit so they can execute their plan bad?
The CEO bought 4 million shares at .004 Feb 14- and pp are .005-how is that bad? Doesn't that show he has faith in the plan?
NOT media-if you had looked at my posts you would know I was a long time long.
I would think Dr Chalk would receive a substantial amount of money for his 15% ownership of dzaudit,and if he invests 1/3 of what he receives in WOLV,WOLV will have plenty to proceed to fulfill their plans.
imo you wont find the truth on this board -most longs have moved to another site
Ever since political machinations inserted themselves into the penny stock world, something that should end as pro-business political appointees retake the SEC etc,its been hard to find the logic in the penny world.
The recent WOLV pps is a case in point.
1) Becoming current as an SEC reporting company is a huge positive!!!! That's the most important thing we learn from the recent postings because an extended time non-current could result in a host of problems,which are now avoided since WOLV is now current.
2) finances of ca 200k were raised last month and more is coming to eliminate the working capital deficit
3) recent ,current and forward looking private placements (pp),as part of the debt elimination,are at a pps of .005,double the last WOLV pps trade. PP's are usually lower pps than the current trading pps.
4) elimination of the debt, including a debt to a lawyer, helps clear the way for WOLV to move forward re its current 5% indirect interest in Decision Zone and dzaudit technology, which is first moving forward in South Korea. That technology could be a key player in resolving some of the epidemic hacking etc which has taken over the world as a major tool even of governments -the new warfare.
5) Once that tech is monetized and WOLV and Dr David Chalk receive funds for the monetizing of their indirect and direct interests respectively, WOLV should have the capital to proceed with its plan of operation.
For newbies, WOLV was a mining stock focused primarily on Labrador copper mining claims and now relinquished British Columbia claims.
The price of copper has risen significantly from ca $2 to ca $3.10 last I looked,which is still high historically.
Every 10Q/10K still lists those Cache River mining claims as part of their plan of operation, though we don't hear about it otherwise because the investment capital for mining dried up ca 2010 or so,which is why WOLV, as per the 10Q's etc, looked elsewhere to raise shareholder value through other operations like the tech operations which have been at the forefront since 2013.
The Foothills Group, Doubloon's baby, is no longer listed as media for WOLV, so I don't know whether Doubloon is free to confirm the 10Q'S etc continuing claims that the copper mining is still an actual plan of operation.
You cant mine without capital.The idea was that tech was currently an easier subject matter through which to raise capital.
Once Wolv raises capital,e.g through the dzaudit tech,WOLV could (I have no inside info) revisit the Enigma plan of operation,which had been stymied due to lack of the expected investment capital.
In summation,1) the recent series of filings brought WOLV SEC current (many SEC reporting companies are now listed as pink current because of new 2014/2015 OTC rules requiring a min pps bid test of 1c and a surcharge of $10,000/yr to be listed as OTCBB. I'm sure a lot of investors or potential investors still don't know that),
2) debt is being eliminated via e.g., pp's at a pps of .005 (double the current trading pps)
3) so WOLV and Director Dr Chalk can monetize their indirect and direct dz audit interests
4) which then could reopen the door to resumption of the Enigma plan and fulfillment of the copper mining plan of operation. WOLV still retains some of the critical Cache River copper claims.
http://www.infomine.com/investment/metal-prices/copper/all/
markets.com/otcapi/company/sec-filings/12558852/content/html
CEO acquired 4 million shares on Valentines day for .004 ,showing his love for WOLV
https://backend.otcmarkets.com/otcapi/company...ntent/html
$25000 USD worth of shares sold under 506b exemption as part of share issuances to pay off debt (working capitol deficit)
https://backend.otcmarkets.com/otcapi/company...ntent/html
this is the cite for statement in last post-gremlins
https://backend.otcmarkets.com/otcapi/company...ntent/html
Enigma Mobil Transaction
On April 14, 2015 Wolverine entered into a Share Exchange and Royalty Agreement with ENIGMAMobil Inc. (“Enigma”) and Dr. David Chalk pursuant to which Wolverine is seeking to acquire from Dr. Chalk 25% of the issued and outstanding securities of Enigma. for the purchase price of USD $3,000,000, to be paid by the issuance of 300,000,000 common shares of Wolverine at a deemed price of USD$0.01 per share. Dr. Chalk is a Director of Enigma.
The closing of the Share Exchange and Royalty Agreement is subject to Enigma completing a financing of USD$2,500,000, and to Wolverine increasing its authorized capital of common stock to allow for the issuance of the 300,000,000 consideration shares. As at the date of this 10-Q, neither the contemplated financing nor the authorized capital increase has been completed, and the Share Exchange and Royalty Agreement has not closed. However, if the agreement were to close, based on the number of the Company’s current issued and outstanding shares, Enigma would acquire 46% of the Company’s voting securities.
The Share Exchange and Royalty Agreement may be terminated if the transaction does not close by December 31, 2017, unless extended by mutual agreement of the parties. On December 31, 2017 the parties agreed to let the Share Exchange & Royalty Agreement expire to enable Wolverine to focus on its indirect interest in Decision-Zone Inc. which Wolverine acquired through a Share Purchase Agreement with Dr. David Chalk, which was announced April 19, 2016. Wolverine will no longer be pursuing an interest in Enigma.
so it would appear once WOLV and Dr Chalk (a director of WOLV) succeed in monetizing Dr Chalks 15% in Decision Zone,they will take things from there
they still list planned operations on the Labrador Cache River property (copper mining claims) as part of their plans once sufficient financing is obtained- even though the name was changed to WOLV technologies sometime ago
working capital deficit 365k,total liabilities 369k--that was before the ca 200k or more in funds raised ca 2-14-18
https://www.newsfilecorp.com/release/33339
http://www.infomine.com/investment/metal-prices/copper/all/
(0)
(0)
-----------------------------------------------------------------
thats the idea-get them while they are hot!
sure was-i remember typing for hours on end in reply to questions etc when a pr came out
it may vary by jurisdiction and subject matter-its 6 years in my jurisdiction-but fraud as defined by the legal profession is very difficult to prove-have to prove 9 distinct elements by clear convincing and cogent evidence-the highest standard- unless NEWC comes under the jurisdiction of the UCC etc and the UCC etc has a different timetable
timing of the audit-he explained the previous auditors- continuity board etc- but there are 2 10K's to audit and many 10Q's to review- companies are allotted 90 days to get their 10k-and many companies dont meet that timetable
I'm sure there were complicated transactions with derivatives etc but still should not take this long-if this is legitimate he probably does not want to blow up at the auditors as he may have done last time -and for good reason
auditors move at their own pace-they are by design the most an--y retentive people- and they will take months if necessary to independently verify transactions with outside companies or agencies
Legal & Compliance, LLC is a comprehensive securities, reverse merger and corporate transactional law firm.
There are many securities law firms that assist in the going-public process, but OUR team of experienced attorneys ensure that ALL aspects of your corporate legal needs are satisfied as well. As the securities industry’s premier corporate and transactional law firm, we strive to maximize your time and money at all times while:
Taking Your Private Company Public
Drafting Form 10 and S-1 Registration Statements
Conducting Reverse Mergers and Forward Mergers
Structuring Registered Public Offerings
Maintaining Compliance with the Over-the-Counter Markets such as OTCBB, OTCQB and OTCQX
Maintaining Compliance with FINRA, the SEC and DTC
Drafting Operating Agreements and Private Placement Memorandums
Structuring and Completing Technical Commercial Transactions
Fulfilling the Reporting Requirements of the Securities & Exchange Commission (SEC)
Satisfying the Current Information Reporting Requirements of OTCMarkets.com
Operating as Ongoing Corporate Counsel to; Small and Mid-Size Public Issuers, Private Companies Going Public, Officers, Directors and Shareholders of Publicly-Traded Companies
https://www.quandl.com/data/LLOYDS/BPI-Baltic-Panamax-Index'';
computer problems delay -Panamax costs ca 1481/day to rent-last load 68069? tons on the ca 70000 ton Ilia Panamx - 22 day trip- plus 3days each end -so 30 days plus cost of fuel -see the extensive calculations -ca 20 posts -i did on fuel costs oct 2011 or 2012-change to current cost of heavy fuel
in 2009 CWRN said they could make a profit at 45/ton- I would have to look up shipping
that would take some figuring- cost of production was ca 10/ton - dont know what it would be now-add trucking and shipping and debt service -
https://www.marketindex.com.au/iron-ore