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.
big (original) buyer back at .0001 --- 220,000,000+ on the bid
looks like we're going back to .0001 - .0002 ... very soon
the recent momo buyers just found out that the pps is controlled by the big buyer
still assume using this as a shell ... timing ??? doesn't seem to be in a big hurry right now... STILL NO ASSETS
you know how many shares i had ...
selling gradually ... into these rising prices ... about 60% sold
agree this was a windfall ... from worthless ($100 per 10 million) to worth $2000 / $3000 / even $4000 per 10 million sold
and agree peter has to be involved if it is to become a shell
too too predictable...
imo, this goes to .0001 - .0002 ... before it goes to .0003. - .0004
UNLESS the big buyer(s) comes back ... i'l reiterate - there are no assets, no contracts, no deals ... only value is as a shell
so volume will only pick up when there is urgency to use this as a shell ... so only big buyer(s) know timetable, and pps value for shares for the shell
UNLESS they changed their minds ... but that is doubtful, since they would be selling and pps would have crashed
if i had to guess, buying picks up again after they wash out the short term traders
if i had to guess, most of the bid is from big buyer(s)
too predictable ...
imo, .0001 - .0002 coming soon
then when short termers are done bailing, buyer will come back (although he may be on the bid right now - but not chasing at the ask anymore)
these guys are a lot smarter than most of us
looks like big buyer is not willing to chase ... at least for now...
best guess - will let short term traders bail when stock stops moving, and pick up their shares cheap
then ...? maybe slowly buy without chasing too much
timing is everything ... when does big buyer need these shares by?
how much higher will he go...
remember this is a stock with ZERO ASSETS... ONLY VALUE IS AS A SHELL
how much is shell worth
now it really is getting interesting...
the original buyer(s) now have to compete with short term traders ...
how many are buying at .0001 to sell at .0002 ??? doubling their money
competing against the original buyers --- and i still maintain since this company has been dead for over 8 years --- no assets --- no deals --- no contracts --- why were these buyer(s) buying --- only answer i can come up with is using the stock as a shell
anyone have any other idea why they would be buying stock in a dead company
extremely interesting volume
who would buy 100's of millions of shares of a company that is absolutely worthless ... no contracts ... no property ... no assets whatsoever
only answer i can come up with --- use it as a shell for a new company ---
BUT WHOEVER IS BUYING THIS, KNOWING IT WILL BE USED AS A SHELL - IS TRADING ON "INSIDER" INFO !!!
and when it becomes a shell - trading publicly - why can't people who sold shares to these "insiders" sue for what it actually was worth ???
interesting developments
btw, old management (ie peter toscano) would have to be involved since he owns billions of shares - unless he sold his shares privately --- doubt it
WHY IS THIS NATIVE LAND ??? why isn't it corporate land ???
can someone illuminate me?
"Descendants and shareholders of Pedro Bay live throughout Alaska and the United States. While the population in Pedro Bay has been declining in recent years, Pedro Bay Corporation hopes to increase employment opportunities and have a resurgence of people moving into the village."
(from pbc website)
Obviously a corporation owns the land. and the majority of the corporation (197 shareholders) no longer live in the area. probably the number of natives living there is still around 42. even if every shareholder is a native, it is still owned by a corporation, NOT a tribe.
there are approxiametely 1400 tehaina tribal members. 197 shareholders. obviously, all members of the tribe are not shareholders.
so if the land is not owned by a tribe - but by a corporation - why is this considered native land ??? it was native land. but shareholders were granted shares for their ownership rights to the land.
just an example of why i believe this NOT native land anymore...
when mohegan sun was built in ct. by a corporation, it came under the laws of the state of ct. tax laws, etc. it was no longer a reservation casino...
just curious ... i understand the pbc land was originally granted to the tribe ... but i see no signs that it came under the title of a reservation. so if this was granted to individual natives - who could sell their property - in this case to a corporation for shares -- how is it still native land???
as far as i can see from reading the pbc website, charter, etc. this is a corporation with shareholders belonging to the tribe.and the land is owned by a corporation. i assume anyone can offer money for shares in the corporation ??? e.g. can nak buy shares from shareholders for the right price ???
still here
nothing to talk about
not optimistic though
https://www.accesswire.com/562723/Andrey-Sergeev-Joins-Genoil-as-Chief-Geologist
"In connection with his employment, Andrey has been granted five hundred thousand (500,000) stock options pursuant to the Company's stock option plan, such options being exercisable at US $0.10 per share and vesting over five years, with 100,000 vesting at the anniversary date of each year of employment."
interesting employment pay - he only makes money if genoil goes above .10 ... otherwise, options are worthless. you would assume sergeev expects pps to rise dramatically, or why bother signing on with genoil - and work for nothing ???
look at bottom line /// source: genoil
https://www.accesswire.com/562251/Largest-Bank-in-the-World-to-Assist-Genoil-to-Source-Investors-for-The-Velikoye-Oil-Field
look at bottom line /// source: genoil
https://www.accesswire.com/562251/Largest-Bank-in-the-World-to-Assist-Genoil-to-Source-Investors-for-The-Velikoye-Oil-Field
https://finance.yahoo.com/amphtml/news/largest-bank-world-assist-genoil-150500377.html
article about moving forward on russian oil field deal ... unfortuantely, appears to be written by dkl... so credibility is an issue
bottomline... closer to a deal .... but not that much closer
at least we can say the deal is not dead ... yet
just wondering out loud...
2 sessions ago someone dumped 300,000+ shares at market ... which drove the price down artificially to under .02
previously, there was a ceiling ... a block of 300,000+ ... @ .03 ask
wonder if block at .03 was sold at market two sessions ago... does that mean ceiling is gone ???
don't have level II for pink sheet stocks
https://finance.yahoo.com/news/genoil-signs-advisory-agreement-jsc-100000240.html
certainly not bad news
but basically another loi or mou or ...
would be nice to see REVENUES !!!!!!
took translation from other website ... not trying to take credit ... thanks to translator!!!
Translation on IMP and Gnolf news release p.5+6 -June 18/19
Translation of the Mexican IMP and Gnolf : Sign IMP and Genoil agreement cooperation
They will develop projects for the improvement of heavy and extra heavy
oils Last May 24, Mr.Jos E. Garca Torres, legal representative of the
company, met at the Mexican PetroleumInstitute (IMP). company GenOil
Inc., and Dr. Fernando Castrejn Vacio, director of ProductTechnology of
the IMP, to sign a Memorandum of Understanding, with the objective
ofestablishing the cooperation guidelines between GenOil and the IMP,
to jointly generate new opportunities for improvement of heavy and extra
heavy crudes. The interest of the Memorandum includes the joint search
for business opportunities, the development of
potential investments in service projects, product scaling, the provision of technological services, consulting and specialized advice, the promotion of investment, specialized training and marketing of everything related to the processing of heavy crudes; as well as for the hydrotreating process. Dr. Jorge Ancheyta Jurez, manager, was present at this event of Products for the Transformation of Crude of the IMP and the engineer Mario Alberto Carren Rascn, by GenOil. The IMP participates with its capabilities in the improvement of heavy crudes and residues to produce high value enhanced crudes, with properties similar to those of light crudes, such as that of the IMP researchers group, directed by Dr. Jorge Ancheyta, who developed the technology HIDRO-IMP®, which has important economic and operational advantages on conventional technologies, and it is a very favorable option for the best use of heavy crudes. While GenOil Inc., a technology development company that has made significant advances in hydroconversion processes, is interested in collaborate with the IMP, combining their strengths and experiences, under the scheme of consortiums to provide the most competitive proposals for the large infrastructure projects of the oil industry. The conjunction of capacities between both institutions seeks to realize applications of these technologies for the benefit of the industry, and for a better use of the main crude produced in Mexico.
i see no bid size ???
ask over 100,000,000 is a sell order ???
what bid .000001?
very interesting ...
assuming you believe the ghu units work, this is a way shipping industry can get rid of heavy oil with no cost up front ... and only minimally higher fuel costs ... vs. the likelihood of extreme price increases for light oil in the future
plus - and again this assumes the ghu unit works (as tested) - they can reduce costs in the future by obtaining heavy oil at low prices, and turning it to light oil --- at dramatic savings
ONCE AGAIN --- SOUNDS GREAT --- BUT IS MEANINGLESS UNTIL REVENUES COME IN
but kudos for trying something new
here's a better link summarizing podcast:
https://finance.yahoo.com/news/uptick-newswire-hosts-genoil-inc-120000410.html
http://genoil.ca/wp-content/uploads/2019/03/2019-Genoil-Website-Investor-Presentation.pdf
new investor presentation dated 4/1/19
nothing new ... BUT EXCELLENT PRESENTATION
now if they could only get a deal signed producing revenue ...
but the presentation was very well done ... very professional
very interesting trading volume near the close ... buy volume at or near ask ... somebody wanted shares and was willing to pay for it ...
don't worry i'm not going nuts ...
400,000 shares at .035 = only $14,000
but it certainly is better than selling at .02
holy crap ... north land ... posting a message from 2012 to prove a point ???
gappa owned aivn in 2012 --- the message you posted by gappa was from 2012 ...
the stock was between .30 and .50 in 2012 ...
so obvioulsy gappa knows now this stock is a pos
name one stock wagenti has ever been associated with that did not wind up in the toilet ...
and that includes aivn ... from .50 to .01 ... that's the freaking toilet
rumors i'm hearing, is that genoil is currently meeting with pemex (which means genoil could be involved in the catalytic units) ... but my biggest problem with these rumors (and they are right from the horse's mouth - second hand) is that many of the past rumors are/were delusional ... very hard for me at this point to differentiate if leadership knows the difference between truth and delusions based on past history
bottom line ... does genoil's two leaders (esp. dkl) know the difference between truth and reality vs hope and delusions - if they do, then these rumors are awesome .... BUT !!!!
and if this is truth and reality, then wouldn't you think there would be boatloads of shares being bought ???
if this is truth and reality, and shares aren't being bought - could be a lot of longs have the same dilemma as i do --- can we really believe this is truth and reality - and not delusions ... and am i willing to buy more until i'm sure this is truth and not delusions
was hoping it was bruce doing interview ...
thanks anyways
what is twst?
googled it ... nothing ???
other mb for genoil not working?
actually, not sorry to have a little quiet there
read post #822
was quoting that post
ask scp those questions
btw, isn't it nice to have a civil discourse re genoil ... whether positive or negative ... but CIVIL!!!
btw, wish there weren't private placements and these "big buyers" would have bought thru the market ... interesting what millions in buy volume would have done to the pps
"big buyers ... get a share and a warrant"
not sure of the terms
assume millions of shares and warrants
assume warrants are worthless unless they become in the money (which usually is (much) higher than the current price)
i would be afraid if the big buyers were buying the shares and warrants, and selling the shares - meaning they got the warrants for free ... but there has been very little volume - certainly not millions of shares ... plus assume the shares have to be held for a given period of time (the usual way private placements work)
i'll repeat - i don't know the terms of the private placements
but it sounds to me "big buyers" would know more than me ... and are still buying these private placements - and not selling the shares
Stock is in an uptrend the last few days...
Maybe someone knows something positive...
interesting day
apparently, someone put in a very large market order to sell?
why would anyone do that ... especially when the stock is on the rise (at least for the time being)
stock held fairly well considering volume has dried up
does it continue to go up? or more market order dumps?
don't think there is that much manipulation ... just lack of buyers
why would anyone buy this now ??? why not wait until there is a "sign" of revenues coming in ? pay a few cents more maybe ... not much more though even if there was a "sign" of revenues
there are always "signs" flying around ... loi's, contracts, new employees ... but so far no "signs" of revenues
sorry ... one more thing ... pemex has a serious problem with heavy (sulfur) oil ... gnolf ghu solves the problem
all the pieces of the puzzle fit together so far ... now we need the biggest pieces - revenues and profits
once again, hope my gut is right ... goes against history ... hope history does not repeat itself here
all this is obviously meaningless without revenues and profits
and again, the fact that pemex listed gnolf as an accepted service company / supplier (forgot the exact wording) ... once again why bother if they have no intentions on working with gnolf
the fact that ex-ceo is not getting salary makes it even better ... can only make significant money if gnolf succeeds ... why waste his time otherwise
company has very poor record of following thru...
but my gut tells me this time they might follow thru...
look at the gnolf / pemex interactions:
1) gnolf ghu successfully removes sulfur from pemex oil
2) pemex (in a pemex release) lists gnolf as an approved supplier/servicer
3) now ex-ceo from pemex joins gnolf
maybe one item by itself is not so strong ... but combine the three ...
hope my gut is right