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.
Looks like GNIN is going to go here.New CEO.NVSOS Active-Great SS.
GNIN:.0048-NVSOS Active/New CEO/150mil A/S.You will thank me.
Four big movers tomorrow:TVOG,ASAB,GNIN,CCTL
TVOG:.0193-8k filed late Friday-big acquisition with 30+Million Revenue
ASAB:.0007-RM Coming, 8k filed in Sept for accounting firm with RM history
GNIN:.0046-8k Nov. New CEO-new direction
CCTL:.0008-bitcoin play that own 500+bitcoins
TVOG,GNIN,ASAB,CCTL-big runners this week
TVOG,ASAB,GNIN,CCTL-all four running next week
Glad we got the update today.Looking great going into next week.
TVOG:8k filing.Huge move coming
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12422095#EX99-1_HTM
December 11, 2017
HOUSTON, Texas - 12/11/2017- Turner Valley Oil and Gas, Inc. (the “Company”) (OTC: TVOG), pending name change, is pleased to announce that Turner has finalized its phase 1 infrastructure and shipping acquisition agreement in conjunction with the preferred stock placement with Network 1 Securities, Inc. (“Network 1”).
Stock Placement
The Company has successfully executed a binding Purchase And Sale Agreement (“Agreement”) through a portfolio company of a multi-generational family office based in Dubai, United Arab Emirates. This family office has investments and operating businesses that include dry shipping, crude shipping, natural resource development, construction, civil engineering, and banking. Their investment into Turner will focus on bitumen (also known as asphalt), and the supply chain and transportation of bitumen.
“We are thrilled that the closing process has started and we can now move forward with building a globally integrated bitumen shipping company. With the current and impending demand for global infrastructure spending, spurred by global growth and the current US President’s $1 trillion infrastructure plan, we believe this is an ideal time for Turner to enter the bitumen sector,” stated Network 1 Securities investment banker, Adam Pashok.
Acquisition
Turner has structured the Preferred Stock placement to exchange Series A shares with cash and assets from the anchor investor and third party sellers. The transaction includes the issuance of 25,000,000 Series A Preferred Shares, convertible at a ratio of 2 to 1, with a minimum price per share of $1.00 in exchange for vessels and capital. This structure protects both insider and retail investors from dilution to Turner’s common stock structure.
This transaction allows for capital to be deployed as a bolt on to each vessel as they come under Turner control. Already, two (2) ships have been committed to the placement under the Series A Preferred Share structure. The initial commitment under the Agreement is approximately $15 Million of cash and assets. The vessels are undergoing third party appraisal which will determine their dollar value. The remaining balance of the initial $25,000,000 will be used to secure additional shipping vessels during the extend phase of Turner’s shipping acquisition.
Coming Name Change
The newly expanded Company will focus on all segments of the bitumen industry, including real assets, energy, infrastructure, and the supply chain. Turner has agreed to amend its previous name change plans to reflect the new business model moving forward. As a result, a proposed name change for shareholder approval to PrimeStar Bitumen, Inc is forthcoming. A ticker symbol change will also initiate once the name change is approved by FINRA.
Management
Upon completion of the transfer of committed assets and capital, Turner expects to expand its Board of Directors by appointing several new members in addition to current board member and Turner CEO, Steve Helm. Furthermore, new management, with decades of shipping experience, are expected to join the Board Of Directors. Included in this transition will be a new CEO, administration, and the current Chairman of the family office will take on the same title at the new company.
1
“I am very pleased to see several quarters of hard work come to a successful fruition and I am excited to support the transition of the Company by expanding the management team and executing the extended business model,” stated CEO Steve Helm.
Mergers & Acquisitions
In a prior announcement on August 10th, 2017 Turner outlined its acquisition plans over the next Two (2) years, which includes a plan to integrate into the supply chain by utilizing a build & bolt-on model within the real assets, energy, infrastructure, bitumen, and asphalt segments. Steps are already underway and more details will be issued in coming press releases.
Pro-forma Projections
In a prior announcement on June 8th, 2017, Turner released expectations to fully operate an initial fleet of five (5) Bitumen tanker vessels once acquired. Further expansion is planned once the initial fleet is acquired, which could result in adjustment the Company’s prior initial guidance. Details are forthcoming.
Closing Conditions
Following this initial closing announcement, subsequent events will include Turner filing a Form 10, which includes 10 K and 8 K filings with the SEC. This will meet all registered and fully reporting standards and a result, Turner will meet the qualifications needed for it to be an OTCQB, fully filing company. These are important steps, that in addition to Tuner’s recent Nasdaq system registration, will aid in Turner’s plan to uplist to a higher exchange. In addition, closing conditions include transfer of shipping vessels, release of escrowed funds, appointment of a new Board of directors and management, name change, and an updated corporate website.
About Turner Valley Oil and Gas, Inc.
Turner Valley Oil and Gas, Inc. (pending name change) (OTC:TVOG) is a business holding company with a historical focus on energy related holdings. The Company’s acquisition model is focused on finding and evaluating profitable small to mid-sized businesses as acquisition candidates where cash flow can be improved through its buy, build & bolt-on model within the real assets, energy, infrastructure, bitumen, and asphalt segments.
Certain statements in this press release are forward-looking and involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Please read full disclaimer located at: http://turnerventuregroup.com/disclaimer/
Website: http://bitumentankers.com/
OTC Markets Profile: http://www.otcmarkets.com/stock/TVOG/profile
Contacts:
Steve Helm, CEO
Turner Valley Oil And Gas, Inc.
Address: 3270 Sul Ross, Houston, TX 77098
Phone: 1-713-588-9453
Email: ir@turnerventuregroup.com
GNIN:Looks like its about to go here.
Need the PR.They always seem to take forever to release things.
More filings.
I must have missed these the other day.
https://www.otcmarkets.com/stock/GRCV/filings
That was what it was in Aug, and what it was last week when I called the TA so no dilution it at least 4 months
The TA is not gagged.They provide if called:
Madison Stock Transfer Inc.
Transfer Agent
2500 Coney Island Avenue
Sub Level
Brooklyn, NY 11223
718-627-4453
info@madisonstocktransfer.com
Doesn't look like any dilution for a bit.Most went to insiders as restricted when it did increase.Possible shares for salary.
TA has it at 104,014,137 OS
half the float traded already today.
8k 3months ago changing accountants.FLSOS active.
TA is ungagged. Looking pretty good here.
Need news ASAP.Going to lose gains otherwise.They are already past due.
ASAB:.0001-FLSOS Active.TA Ungagged-1.7bil float.
8k filed in Sept 2017
This same PR has been put out on many other tickers this month.
ADHC
HVCW
DKSC
Where is the news?filings?anything of actual substance??
ASAB-.0001-going to move soon.Recent change in accounting firm.
ASAB:.0001-recent filing and accountant change.1.7bil float.
Rumor of news soon.
Bottom line,they need real news and filings this week.Otherwise,investor confidence is lost after last week the company said it was coming.
IMMD:.42-Blockchain news today.Hasnt made its move yet.8k AH:
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12400867
1 million shares of OMGT-Closed at $16.00 today
IMMD:.42-AH 8k filed.Blockchain related.
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12400867
IMMD:.42-blockchain news today.Hasnt made its run yet:
OMGT closed at $16.00 today....That's $1.6million value.
IMMD market cap is under $20million.
NEW YORK, Nov. 27, 2017 (GLOBE NEWSWIRE) -- ImmuDyne, Inc. (OTCQB:IMMD) (“ImmuDyne” or the “Company”), a leader in the development and online marketing of OTC health and wellness products addressing large unmet needs, today announced that it has made a strategic investment and now owns 1,000,000 common shares of Blockchain Industries, Inc. (OTCMKTS:OMGT).
“ImmuDyne believes that blockchain technologies have the ability to transform the online world. We think this specific strategic investment could be a fantastic windfall for all ImmuDyne shareholders, with very little proportionate risk. Additionally, our relationship with Blockchain Industries will give us a valuable partner and exposure to new companies and technologies that can support our core business of building and marketing innovative online proprietary brands,” stated Mark McLaughlin, CEO of ImmuDyne.
IMMD:.45-still time to get in.$14mil blockchain news today:
NEW YORK, Nov. 27, 2017 (GLOBE NEWSWIRE) -- ImmuDyne, Inc. (OTCQB:IMMD) (“ImmuDyne” or the “Company”), a leader in the development and online marketing of OTC health and wellness products addressing large unmet needs, today announced that it has made a strategic investment and now owns 1,000,000 common shares of Blockchain Industries, Inc. (OTCMKTS:OMGT).
“ImmuDyne believes that blockchain technologies have the ability to transform the online world. We think this specific strategic investment could be a fantastic windfall for all ImmuDyne shareholders, with very little proportionate risk. Additionally, our relationship with Blockchain Industries will give us a valuable partner and exposure to new companies and technologies that can support our core business of building and marketing innovative online proprietary brands,” stated Mark McLaughlin, CEO of ImmuDyne.
IMMD:blockchain news today.Not much chatter on this one.
IMMD:HUGE news today:Blockchain-$14mil in shares
https://www.otcmarkets.com/stock/IMMD/news/ImmuDyne-Announces-Strategic-Blockchain-Linked-Investment?id=176286&b=y
NEW YORK, Nov. 27, 2017 (GLOBE NEWSWIRE) -- ImmuDyne, Inc. (OTCQB:IMMD) (“ImmuDyne” or the “Company”), a leader in the development and online marketing of OTC health and wellness products addressing large unmet needs, today announced that it has made a strategic investment and now owns 1,000,000 common shares of Blockchain Industries, Inc. (OTCMKTS:OMGT).
“ImmuDyne believes that blockchain technologies have the ability to transform the online world. We think this specific strategic investment could be a fantastic windfall for all ImmuDyne shareholders, with very little proportionate risk. Additionally, our relationship with Blockchain Industries will give us a valuable partner and exposure to new companies and technologies that can support our core business of building and marketing innovative online proprietary brands,” stated Mark McLaughlin, CEO of ImmuDyne.
GRCV at .0008,seems like a matter of time til it goes.
52 week high volume is only 32million
52 week high PPS-.006
Float is fairly low at about 250mil.
Most of the O/S is restricted.
17 filings in Nov 2017 and now OTCPink Current
-Oct 2017, New CFO appointed
The PR on their website, worse than a paid promo.
PR saying another PR is coming..come on...
GRCV went current today.Very thin for Current .0014 ticker
Current today!Surprised how quite all are on GRCV.52week high volume only 32mil and hit .006. Thinnest OTC Current at .0014 there is IMO.
Years after Helm took over and nothing changed.52week lows coming.
Yield sign.No longer current.Day of promo.Looks like is gonna tank.
https://www.otcmarkets.com/stock/TVOG/news
Looks like it. Cached history:
http://webcache.googleusercontent.com/search?q=cache:https://www.otcmarkets.com/stock/GRCV/profile
Stop Sign removed.Now yield.Q3 and Attorney letter soon,then current.
Yield sign tomorrow.Late Quarter report again.New CFO and never ontime.
GRAS:.0002-reinstated at NVSOS.
10Q due today.Will lose Pink Current when they are late.