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Good to see you here too Rawnoc. Board marked SW&NG. Good stuff over there!
I know what you mean, lol ;)
Hate to use this cliche, but $VTSI is a hidden Gem. Now, if only the market would recognize this, lol.
Here's the O/S taken from the quarterlies:
09/30/2013 158,285,045
06/30/2013 158,284,045
03/31/2013 158,284,045
12/31/2012 158,284,045
09/30/2012 158,284,045
06/30/2012 158,284,045 -- diff = shares returned to treasury
03/31/2012 158,328,245
12/21/2011 158,328,245
And from TA checks:
07/30/2013 158,284,045
01/10/2013 158,284,045
06/11/2012 158,284,045
Nice to see you here OG.
It's odd investing in a company that has audited financials, $1.8mm cash in the bank, mucho revs, TA ungagged, profitable, O/S has barely changed in the past few years. Ain't it, lol.
Interesting. I do notice a lot of similarities.
Can you show me 5 companies that had their DTC chill lifted prior to MIKP?
Ahhh - the old Hoss, lol. Almost ordered one myself.
I'm in.
$GRPR sellers are drying up. A little news and nudge and it's back on.
Nice volume on the board today! Glad to see varying opinions.
My recognition is that MIKP was one of the first to proactively get the DTC chill lifted. In fact, they were the second I was aware of at the time.
You know the drills PDT.
Clown CEOs. Gagged TAs. Online chats with the DE sos 3 times a day. Refreshes on the NV sos site. MOASSs. Red Robins. SA Trading. Tire recycling. Cowboys vs. Aliens. Soapy sponges. Stain removers. Lysol contracts. "gotta run, Walmart's on the other line." Buyouts at 10x market cap. European hedge funds. Float lock downs. Accidental A/S increases. ToDaMoons. Monks. Reverse mergers. Slap in some nice RSs 10 minutes before xmas weekend and that ices the cake. lol.
$GRPR - bought 4s today thanks to the FUDders. 3s are stacked. 5s will get chipped away. News gets us back to 7x8. Patience required.
Good luck to you.
PennyDayTraders,
Now that you got your 4s filled today, it's go time!
Subway sandwiches with all of the toppings.
Shhhhh. Not yet. We're trying for some .0001s.
Can I get an AMEN?
HHSE has entered a new era of accountability.
SEC might be slow, but they don't mess around when it comes to filings.
Wow - nice find WoodB!
How about taking a few hundred $K of that bankroll and buying back some of those Dutchess shares from the public float? VTSI would be getting them back at 1/2 price.
The bid is stacked up nicely. About to bust a move.
10Q after market today will gap us up tomorrow.
Agreed. People getting bored, pulling their asks at .0007 and moving them down to .0006 - then getting instantly taken out
PERT was showing 990K at .0007 and got taken out.
Chipping away.
big hit on .0007 - only 14.5mil left
Setting up for the afternoon run back to .00s!
Accumu-la-fation
Direct news link:
http://www.otcmarkets.com/stock/GRPR/news
7s back up. A few nice ask whacks and the chase begins.
11/19/2013 Grid Petroleum Corp Provides Texas Update
http://www.otcmarkets.com/stock/GRPR/news
Grid Petroleum Achieves California Operator Permit
DENVER, CO, Nov 19, 2013 (eTeligis.com via COMTEX) Grid Petroleum Corp. (OTCQB: GRPR): The Board of Directors are pleased to announcing that Grid Petroleum has entered into the final documentation stage of negotiations with the leaseholders of two thousand acres of land in Duval County, Texas for the purpose of Oil and Gas development and exploration.
The company previously announced a significantly shorter time frame for the contracting of this lease hold however due to the number of individual leasehold owners involved the process has proven to be timelier.
The company has final documentation out for signatures at this time and expects that completion will be achieved in the near future.
The company plans to immediately begin the mapping planning and drill site selection process for the development of the leasehold upon completion of documentation. The company will be the Operator of this leasehold
The primary target production zones in Duval County are the Frio, Hockley, Wilcox and Yegua sands with deeper production from the Eagle Ford and Jackson shale formations.
California Update:
The company is pleased to announce that it has achieved its Operators Permit for the State of California. Operator number G3570
The company is completing negotiations with its joint venture partner regarding the company achieving operator status of certain joint holdings in order to expedite leasehold development schedules.
The company expects to provide a complete update and timelines for its California holdings upon completion of negotiations.
Filings update:
The company expects to complete and file its 10q by end of business November 19, 2013
Grid Petroleum Corp. is a development stage company focused on the acquisition and development of low cost high reward oil and gas prospects with infield drilling for proven potential reserves in the United States and Canada.
Contact:
www.gridpetroleum.com
702 751 3889
Nice action today. Looks like we can hit .0015 in the next day or two.
Looks like we got some paid promos going on. Might be a good opportunity for people stuck in the stock to get out.
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30BILLION - and that's after the recent 1 for 1500 Reverse split.
AVOID!
The 2m went off at .0004
The .0002 paint down was for a few $$
We had some nice hits on the 3s today. We saw VNDM get knocked back with a $70 hit at 2.
Clearly Clarke has been settling up some debt recently.
Now why would he release any news that would put more money in the debt holders hands? Let them sell for peanuts.
When the debt holders are cleared out, the stock can run.
Great DD! Lennon Bermuda CD is going to bring in mucho revs!
It was a good quarter for our fledgling $10 buster. Until then, much patience is required.
Well, KOPs 1 year 'agreement' is over anyway, plus he stated on this board that he wasn't receiving compensation.
"Fair"well.
I think this was an exceptional quarter. Almost all of the metrics moved in the right direction.
- $1.8mil cash in the bank (market cap at 4.6cents is only 7.3mil)
- $2.71mil in sales
- 68% gross margins
- decrease in SGA by $300K down to $1mil
- $800k in profits for the quarter
Cash is king.
Now, if we can just get Ferris to communicate more frequently. After all, many of us are holding Dutchess toxic converts.
Common shareholders did help pull the company through its dark hour.
Hmmm. Wonder if KOP had anything to do with triggering the suspension. Didn't a few of their other 'stocks' get clipped at the same time?
The further KOP stays away from MIKP, the better.
We've been DTC chilled since the 10-day temporary suspension.
All stocks that undergo a 10-day suspension automatically get chilled.
Best post I've read in a long time SF!
I also believe that Finra was given what they required and they will make the right decision.
If MIKP were to be reinstated to the pinks, the DTC chill will automatically be lifted again.
I think within a day or two we'll be back trading above .002 on high volume. I wouldn't mind if Mark needed to sell 1 or 2million shares a day to fund new projects. It would hardly make a dent, and those projects would contribute to the bottom line going forward.
I also wouldn't mind converting some of my commons to preferreds for the long haul.
Could have been a sell. Maybe someone needed a piece of bazooka in the 70s.
Crushing volume today too, lol.
We closed 105MIL@.0002 x 29.5MIL@.0003 Slowly but surely, the 3s are dropping