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Anyone ever figure out what time Zone the 1pm release falls under? my guess is ET but they weren't clear on that.
My Etrade phone app is working just fine. Not sure about others i dont use them.
GLTA
Anyone ever seen A FEW GOOD MEN with Cruz and Nicholson? 'FEARANDGREED' reminds me of when Cruz had Nicholson on the stand and Nicholson said "Danny are these the questions you brought me here for? Phone calls and footlockers" cause two Marines lives are on the line here I hope you have something more.
'FEARANDGREED' keeps creaming CODE RED CODE RED as it pertains to phones calls and addresses LOL
We need to focus on the two Marine we are here for. Far Vista being one and the buy out offer the other. Everything else is just smoke and mirrors gang.
GLTA
You can always check here.
http://www.nasdaqtrader.com/Trader.aspx?id=TradeHalts
GLTA
You can always check here.
http://www.nasdaqtrader.com/Trader.aspx?id=TradeHalts
GLTA
" FACT " A billion dollars in crude,"
"FACT " A refinery capable of producing a finished product,
" FACT " multiple parties doing business around them who would LOVE to get there hands on the entire reserve not just whats under the ground that FAR VISTA has.
Yet all you keep posting about is wrong phone numbers and offices they get free rent on but cant be reached at.
I do see what you are trying to point out OVER AND OVER AGAIN for what reason I am not quit sure, but your over looking 99% of what actually matters here. We all appreciate any info provided here, but your posts remind me of a guy pointing out that my tie is crooked while I'm wearing a $3000.00 Armani suit with shoes to match. Let's keep are eyes on the ball guys with or with out a deal if your in at current PPS levels even without a deal this company is worth more then current PPS. The deal is just pot luck we all may cash in on.
Go FVSTA
GLTA
Yes they do. I have been doing some DD on Lukoil and they most deff have the cash on hand for this deal. They have reduced debt and O/S these past few Qs they seem financially healthy enough to smack this deal down with cash and or cash + stock. IMO It would make the most since as they have the resources basically ON SITE and could hit the ground running. Speculation is crazy here but one thing is for sure, they have the assets and the resources CRUDE and the refinery to make them selves worth more then what they countered so you would think a smart BIG OIL co would dot there I's and cross there T's to make this happen. INteresting day ahead im sure.
GLTA
Brad
Very interesting. I wonder if they have the cash to pull this off???????????????? Great info thanks, This could explain why things have moved so quickly,
IMO
There was a offer. a counter offer. a response to the counter all in 4 days and all done transparently as well as all the actions were done ahead of the stated deadline. we obviously have a company and a buyer both very interested in this deal so my guess is it will happen. My only reservation is the PR this morning and I quote in part "it is imperative that the Company be listed on a higher exchange." That would take cash they don't have and a lot of time + performance they don't and may not be capable of producing. All this made complete since to me until that PR. If your seriously considering a buy out you do not change the direction of the company DURING negotiations. Who knows maybe it was a tactic to put pressure on the buyer. Either way I am holding through the news the R v R is well within my tolerance.
$$ GLTA $$
In this market with the back door deals, questionable PRs, P and D scams unless your long 3 yrs + in a solid company with strong fundamentals then miss direction and confusing the average investor is the way business is done. Sometimes especially in the OTCs do the opposite of what makes since, you may end up with more food on the table.
JMO
$$GLTA$$
outside of the self made HYPED UP millionaires posting here, if a deal is made WE common stock share holders may see .22 Share at best IMO Deals are never structured to make us money, Insiders and class A and B share holders will pull the lion share of profit and we will be left with whats left. It works from the top down not the other way around.
.22/.28 PPS is best I see but that's JMO
GLTA
Possible? Thats what MM due its not just possible its the way things are done.
GLTA
I increased my position x3. Let it ride baby!
$$GLTA$$
The PRs are crazy and so many so soon especially for an OTC. Who knows what way this will go but we have a offer, a counter offer, and a new offer as well as a time line. No one ever got rich WATCHING a stock go 100-200-300% north.
GLTA
Press wire GOOGLE IT!
Counter offer made and presented to the board. TBR 11-07 1pm
GLTA $$$$$$$$$$$$$$$$$$$$$$
Yes they will the PR stated the board decided, if they dont fallow up on the 200 mill retraction its plain fraud. the 200 mill are off the table, and as the PR release this morning PPS was not properly increased. Not sure why they release a PR about current PPS being undervalued that in turn reduces PPS but hey all we can do is play it out sell, buy, hold. THATS IT!
GLTA
This news is simply the board letting share holders as well as whomever is considering the counter offer that they do have OPTIONS as a deal is being considered. Bottom line nothing has changed the board was talking about trading on a higher exchange prior to the buy out offer. Everything is as it was NOTHING has changed with this release. Move to a higher exchange increase pps then consider offers based on FMV of the company, Or get FMV up on the current exchange and then they will be ready to consider a deal again. Tells me the interested party has influence in the MM spectrum. Well see but it all looks good for us.
JMO
GLTA
The board is simply stating they have options other then to sell, amd those options are very real. Maybe to attract a higher offer, maybe to speed up the counter offer, maybe to go it long term. Either way all things considered this board seems to be transparently looking out for all involved including us C/S share holders. Its looking like a long position more and more to me. Well see news is forth coming regularly and this OTC is acting more like a solid company to me.
JMO
GLTA
The board believes that the current PPS is not reflected in the current PPS and wants to trade on a higher EXCHANGE. Per press wire released 10 minutes ago. should push us forward today.
GLTA
Nice rebound today!
GLTA
The odds are almost never in our favor ESPECIALLY when it comes to otc's. sell the highs and buy the dips and play with the profit its almost the only was to win.
JMHO
GLTA
We have only a 2/3 day window. Im selling highs and accumulating the lows using half my shares. I actually do believe this deal is going to go down. IMO
GLTA
Great post!
GLTA
Simple. when the board votes and agrees to it. unless you can some how buy up 51% OF fvsta before the deal.
GLTA
They have moved very fast and transparently on this so far. COULD HAPPEN $$$$$$$$$$$$$$$$$$$$$
They buy them at .42 or .62 or some where in between. anyone who would disagree with 7x ++ current pps is expecting to much.
GLTA
.32 Close would be my best guess.
GLTA
Exactly the counter could be reviewed and accepted as early as today. They have since inception been very forthcoming and moved very quickly on this so far. We could see a board accepted deal today gang.
Congrats to all.
GREAT POST!
GLTA
Trading has been open for 9 minutes. Volume and PPS go to gather as well lets just watch and see. its up 50% that is a jump IMO
GLTA
I havent read EXXON anywhere. Do you have a link?
thanks
GLTA
Deals or counters always have a deadline nothing odd about this. This news alone should push us to .32 ++
IMO
GLTA
They counter offered. Names are not released until a deal is done there are other players in this game as stated when mentioned multiple offers.
GLTA
The offer is .45 P/S + cash, the counter is .62 + cash. pending the deal the stock PPS should be valued at .32 a share pending a deal. Thats my exit point for 1/2 my shares.
IMHO
GLTA
It Said Bank I believe.
GLTA
45 minutes and counting. 15 Minutes after the open!
GLTA
Whats with all the multiple flash trade at 35.36??????? well off the bid?
???????????
Not the strongest PPS movement considering the 9am news... emmmmmmmmm