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Good idea to keep an eye on TXHE now. Looks like wheels are starting to turn.
Financials are current and uploaded. Maybe things are going to get going? Anyone been following this?
TXHE is now OTCPinkcurrent. YIELD sign is off!
http://www.otcmarkets.com/stock/TXHE/quote
The Approval of the S-1 gives them the access to funds to increase production which everyone knows is critical for PEII and its share price.
PEII EFFECTIVE S-1 LINK >>>>>> http://www.otcmarkets.com/stock/PEII/filings
Investing 101.....when the S-1 is approved it will be shown as effective in the company's filings. "EFFECT" is the exact thing you will see.
Yahoo Finance
pinksheets.com
Edgar site
all will have it
not very hard to find
Gonoles11 Thursday, 04/24/14 04:11:59 PM
Re: None
Post # of 18064
S-1 Accurate info HERE.....
When an S-1 becomes effective the SEC will post a notice in the company's filings that says"EFFECT" that shows the S-1 has been approved and is effective. This is 100% the first step. Then and ONLY then can the company put out a press release or talk about it in a public forum. I expect PEII to do both when it becomes effective. I got this from the IR dept. This HAS NOT happened yet. The post on Yahoo is incorrect and misleading.
They approved a 1:1 RS
just kidding
Water-Gen has developed an Atmospheric Water-Generation Units using its "GENius" heat exchanger to chill air and condense water vapor.
CNN Link >>> http://www.cnn.com/2014/04/24/tech/innovation/machine-makes-drinking-water-from-air/index.html?hpt=hp_c3
Tel Aviv, Israel (CNN) -- Water. A vital nutrient, yet one that is inaccessible to many worldwide.
The World Health Organization reports that 780 million people don't have access to clean water, and 3.4 million die each year due to water-borne diseases. But an Israeli company thinks it can play a part in alleviating the crisis by producing drinking water from thin air.
Water-Gen has developed an Atmospheric Water-Generation Units using its "GENius" heat exchanger to chill air and condense water vapor.
"The clean air enters our GENius heat exchanger system where it is dehumidified, the water is removed from the air and collected in a collection tank inside the unit," says co-CEO Arye Kohavi.
"From there the water is passed through an extensive water filtration system which cleans it from possible chemical and microbiological contaminations," he explains. "The clean purified water is stored in an internal water tank which is kept continuously preserved to keep it at high quality over time."
Can you copy and paste the email. We would all welcome any good news.
without enough production to support company cost and cost of staying current, there is no other option.
Volume on PEII seems to tell a different story. No lack of trading here.
Day off. PEII takes a breather. Hoping for some solid news next week.
People post on the board they are new retail buyers of PEII all of the time.
Fake PEII bid comments are hilarious
4/14/14 NEWS OUT PEII
LINK >>> http://finance.yahoo.com/news/petron-energy-ii-inc-provides-123200089.html
Petron Energy II, Inc. Provides Update on its Secondary Recovery Operations in Oklahoma
Petron II Commenced Drilling of Saltwater Supply Well
Once the reservoir has achieved its optimal level of reservoir pressure we anticipate seeing a peak in sustained daily oil production levels from the lease, our analysis estimate the daily range to be 50 -- 75BO/D.
I concur
When is that split going effective?
Smith goes on to say, "We are very excited to announce that we have made consistent progress regarding the status of the Company's most recent Form S-1 registration statement filed with the SEC on December 16, 2013. It is important to note that once the Form S-1 registration statement becomes effective, the Company will be able to immediately begin drawing down working capital in an amount up to $10 Million Dollars without any delay."
nazulya Thursday, 03/13/14 11:23:48 AM
Re: None
Post # of 13485
Based on my previous post, MORE THAN EVER BEFORE I BELIEVE PETRON'S SHARE PRICE WILL NEVER EVER HAS A CHANCE CROSSING $.003 WITHOUT MASSIVE REVERSE SPLIT, NO, ACTUALLY, I AM REVISING MY PREDICTION, CONSIDERING SOUND BITES FROM YESTERDAY'S INTERVIEW WHERE FLOYD SMITH said NOT TO PAY ATTENTION TO SHARE PRICE SINCE THEY ARE LOOKING FORWARD LONG-TERM
MY CURRENT PREDICTION IS SHARE PRICE WILL NEVER EVER CROSS $.0025.
THAT LAST DESPERATE silver bullet called "Approval of S1" is already imbedded in the current share price.
PEII hit .027 today
not much more to say.
Gonoles just wrote that the transfer agent had the information so it was public. try to do your own do diligence and don't rely on others. any shareholder has that responsibility
I completely agree with Naz as well! I think PEII has a TON of investment potential and these are GREAT prices in which to get in.
good point EJ
That was hilarious. And probably more so because its true.
Floyd Smith, CEO of Petron will be on Money For Lunch at 1PM
GoNoles is right. Floyd Smith, CEO of Petron will be on Money For Lunch at 1PM tomorrow. Link below:
http://www.blogtalkradio.com/moneyforlunch
This should be of some interest for everyone to listen to, given the updates and market action today. Thus far over 88 million in volume, or 10% the current OS has been traded.
Phatlander Tuesday, 02/25/14 10:57:35 AM
Re: Arkdave post# 11427
Post # of 11636
Exactly right!
EXCELLENT POST very relevant to PEII and this board !!!!!!!!!
Good man IVAN !
PEII up again today 16% at the open lol
I know exactly what it means. A brokerage was working an order all day for a client and at the end of the day they print the whole order a few tenths different from the average of all of the smaller orders at different prices and the brokerage keeps the difference (or the spread) and then book it into the clients account after the close. Probably a large sell order.
Don't back peddle. everyone can read your words
lining up for the exit with their daily loot and later on MMs are going to start covering their short position,
you meant today not later in the week.
PEII is .0025 by .0026 that is .0002 off of its high of the day.
wow such big bid hitting. scary lol
great trade. Glad you made money !
And If Floyd really cared about shareholders and wanted them to succeed, he would have come out and helped them to keep the momentum going but
Ummmm. from what I read, he put out news today and is on Moneyforlunch tomorrow. What were you expecting an appearance on CNBC?
wrong again
Anyone know who handles IR for BGNN?
It could signal some short covering but typically shows up end of day. I hope its part of the equation. Really nice volume and price is hanging in there. Imagine what would happen if they put out increased production news after they get the S-1 effective. WOW!
Based on 117 MILLION SHARES in volume and UP 39% and its only noon
Sell does not equal dilution on PEII or any other stock.
The issuance of new shares that DILUTE percentage of individual shareholder ownership by increasing the number of outstanding shares is dilution.
http://www.investopedia.com/terms/d/dilution.asp
Selling comes after dilution if the owner of the shares CHOOSES to do so. It is not automatic.
Where is any of that do you see the word selling stock?
20 million sold may be accurate. And by the way. If 20 million were sold. Someone had to buy them as well. 20 million diluted is wrong. just can seem to tell the 2 apart i guess.
The issuance of new shares that DILUTE percentage of individual shareholder ownership by increasing the number of outstanding shares is dilution.
http://www.investopedia.com/terms/d/dilution.asp
I'm not saying there isn't dilution. Anyone who can read knows there is. I am saying the selling isn't the dilution. It is the issuance of shares that is the dilution. The selling comes after the dilution. Do you need reading lessons 101 ?
Definition of 'Dilution'
A reduction in the ownership percentage of a share of stock caused by the issuance of new stock. Dilution can also occur when holders of stock options (such as company employees) or holders of other optionable securities exercise their options. When the number of shares outstanding increases, each existing stockholder will own a smaller, or diluted, percentage of the company, making each share less valuable. Dilution also reduces the value of existing shares by reducing the stock's earnings per share.
There is no argument. You are wrong. Here is the definition. There is not 1 mention of the word "SELL".
Definition of 'Dilution'
A reduction in the ownership percentage of a share of stock caused by the issuance of new stock. Dilution can also occur when holders of stock options (such as company employees) or holders of other optionable securities exercise their options. When the number of shares outstanding increases, each existing stockholder will own a smaller, or diluted, percentage of the company, making each share less valuable. Dilution also reduces the value of existing shares by reducing the stock's earnings per share.
A big sell of PEII does not mean dilution. One of the most incorrect and naive comments I have ever seen posted on Ihub. No one but the broker, the transfer agent and the client know who sold. you have no clue who sold or why. Only the client knows why they sold. If they bought the stock and then sold it absolutely has NOTHING to do with dilution.
The issuance of new shares that DILUTE percentage of individual shareholder ownership by increasing the number of outstanding shares is dilution.
http://www.investopedia.com/terms/d/dilution.asp