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The upcominging drilling update will keep us above subpenny land for good. IMO.
Lowman Repost from yesterday afternoon.
Just spoke with my contact, who is a consultant to the company (the one that I mentioned has been ill).
He assured me that all things are progressing as planned, and that we should have a drilling update tommorrow, with an indepth shareholder update on Tue.
He assured me that WRNW has more than sufficient funding for the two binding LOIs, in addition to another LOI or two.
He was more or less quick to make note that those bashing the company, will be the losers, in the end.
'Something' lead me to believe WRNW will be trading on the OTCBB before summer is over.
Granted, WRNW has it's naysayers, and this very post will draw a few more of them out, to which I will not reply. I have stated what I have stated. End of discussion.
Bash or pump all that any/everyone wants, I will not be a party to the defense of WRNW which might cause an unneccessary repeat of the last two weeks.
I know what I own and will not be shaken of my shares.
GLTA who can read the writing on the wall (as blurry as it might temporily be), and may the patient investor, be the most profitable investor.
To the beach, I go!
Why don't you PM someone who can answer that directly. Or better yet, call the company.
you already said that. I disagree.
A drilling update is due out today. We are waiting. Tick tock tick tock.
oops! Here is a copy paste of the info from the site. I searched for the last two years. This is what came up on the site.
Case Number Uniform Case Number Party 1 / Plaintiff Party 2 / Defendant Filing Date Case Type
2007 CA 005515 NC 582007CA0055150000NC SEQUOIA INTERNATIONAL INC WELL RENEWAL INC 5/16/2007 Contract and Indebtedness - Circuit
2007 CA 004918 NC 582007CA0049180000NC SEQUOIA INTERNATIONAL INC HYDROFLO INC 5/2/2007 Contract and Indebtedness - Circuit
2007 CA 004009 NC 582007CA0040090000NC SEQUOIA INTERNATIONAL INC HYDROFLO INC 4/12/2007 Contract and Indebtedness - Circuit
2007 CA 002774 NC 582007CA0027740000NC SEQUOIA INTERNATIONAL INC S3 INVESTMENT COMPANY INC 3/14/2007 Contract and Indebtedness - Circuit
2007 CA 002114 NC 582007CA0021140000NC SEQUOIA INTERNATIONAL INC GLOBAL TRAVEL EXCHANGE INC 2/27/2007 Contract and Indebtedness - Circuit
2006 CA 011599 NC 582006CA0115990000NC SEQUOIA INTERNATIONAL INC
OUTBOARD INVESTMENTS UNICO INCORPORATED 12/6/2006 Contract and Indebtedness - Circuit
Here is a link to a PR from Hydroflo INC. The were sued twice by Sequoia Int. It looks like they never had any clue what was going on, and the lawsuits had no affect. The PR makes it sound like someone was trying to scam shareholders. They do not imply any connection in the PR, but the dates seem to match. IMO, this lawsiut thing is a scam.
http://biz.yahoo.com/iw/070425/0243808.html
List of other Sequoia International Lawsuits. All filed in the last 6 months.
http://clerk.co.sarasota.fl.us/srqapp/civbrowse.asp
How can you say that is the most likely reason for the lawsuit if you "don't know lick" about the company. There are are a thousand different reasons to bring on a lawsuit. Plus, I'm pretty sure Top allready settled the issue as far as to why.
I've never seen anyone go this low to steal shares.
Ive got a call in. I'll let you know when I hear back from them. If you happen to see the ask getting hit, it's because I got some good news. LOL!
I havn't made the call over to Valuesetters lately. But if there isn't any news by Weds, I will call for an update. If anyone else feels like calling before then, go for it. But please, share your findings.
Yeah, that's the thing that sold me on this. The CEO and his family which is even better. You know the rule. "Never turn a family member onto a pinky". LOL.
20MM WAG May 26, 2007, 9:35 AM
Maybe you big fish can give us a heads up on when you're gonna let it move up. It is interesting to me that the mods here would talk about what a PPS should be, then hit the bid to induce selling while buying those shares from weak hands. It worries me that a few will have a big chunk of the OS. What happens when those holding tens of million of shares decide to "get out." We've seen what happens when someone dumps 1M. My hope is those who are bullying this around know something the rest of us don't. That this is a "sure" thing. Because thats the only thing that will bring the volume in to absord thier shares as they sell.
I am not a sheep, or a wolf. I will not sell until I'm ready. I don't have enough money or influence to control the PPS. But I can't help but wonder where this would be if it wasn't being held down.
Agreed.
Ooh, cheap shares available! Nice entry point here.
How much do you figure they have sold in the last 12 business days? They must be getting very close, if not done.
Were you able to dig up any more info?
Confirmed Buy posted on American Bulls today.
http://www.americanbulls.com/StockPage.asp?CompanyTicker=WRNW&MarketTicker=OTC&TYP=S
The big dogs around here are rolling their shares holding it down, IMO. They are shaking week hands and accumulating. It makes it harder for scalpers and flippers to do thier thing here. If I had 5 Million share and wanted more at a lower price, I would do the same. It's okay though. They wouldn't be doing it if they were not sure it was gonna go big.
Made the call. The gentlemann I spoke with seemed very optimistic. He could not elaborate much. He said the deal was defianately still on the table and moving forward. He also said we should have an update PR realatively soon, and that it was possible an agreement would already be finalized by then.
Nice buying.
I am going to call ValueSetters today. Are there any requests for specific info before I call?
EGRT Shell Had news today. Waiting to see todays 8K.
May 03, 2007 10:49 AM Pacific Daylight Time
Energroup Technologies Corporation Signs Stock Purchase Agreement
SALT LAKE CITY--(BUSINESS WIRE)--Energroup Technologies Corporation (OTCBB: EGRT), executed a Stock Purchase Agreement the closing of which will result in a change in control of Energroup and the declaration of a special cash distribution to shareholders of record on May 17, 2007. No assurance can be given that the Stock Purchase Agreement will be completed; and the closing of the Stock Purchase Agreement will not change the “shell company” status of Energroup, which will continue to seek to acquire a business or company or other opportunity for it and its shareholders’ benefit.
Additional information regarding the Stock Purchase Agreement is contained in Energroup’s 8-K Current Report dated May 3, 2007, which has been filed with the Securities and Exchange Commission.
For information related to the Company, contact Thomas J. Howells, Secretary of Energroup, 801-274-9424.
Forward-looking statements in this release are made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties and other risks detailed from time to time in the Company’s periodic reports filed with the Securities and Exchange Commission.
It's amazing that we are at the same PPS as before todays PR. This PR was totally unexpected. I hope this is just the big fish trying to shake the week of thier shares. I don't have many, but I got them at .065 and I'm loooooooooonnnnnnggggg!
I will be very jealous if you get some. I've tried twice, but I deal with Etrade. I will be watching. When news comes, I plan on being the first one to hit the ask. LOL.
Charlatan, you aren't still rolling shres from one account to another, are you?
.011 thinning
Nice unexpected news! Still holding here. Good luck to all the longs!
Bid moving up on VSTR. 2 at .04 x 2 at .09. On 0 volume. MMs aren't gonna get many more cheap shares. Specially if the news breaks.
A PR this week would be great. It's good to see bid support slowly building
Are you still in this one DF?
SBSH stepped in front of NITE on the bid. MMs want cheap shares before the news hits. This is going to be interesting.
VSTR Keep this one on watch. This could be the week she goes.
I like your style, Charlatan. I'm gonna keep an eye on you.
I'm in on this one, and if the bid keeps stacking I'll pick some more up on Monday. I called ValueSetters last week when the PR came out. They were very tight lipped. They did say the float was between 10-13 million. They also said that if everything worked out, the merger would happen "in the short term." Also, the COO and his family bought 800K shares in December. This thing is coming off it's bottom and I feel lucky getting in under .10.
Sweet! A new favorite board.
Sweeet!