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How about you just say "PARTY!!!"
Yes dandaman... we need buyers. IF some volume comes in here (and I'm betting it will this afternoon), we will close above .08
SGLN is King Kong in his infancy. The company is barely a year old and already making money and scaring the competition.
I have a friend who works at another medical supplier (sales in excess of $ 1 Billion) and they are well aware of SGLN. This company has a very, very large contract in the Boston area and they are very nervous about it being renewed this fall.
All of the negative posting in the world will not be able to stop this train. SGLN will, without a doubt, take much business from others in the near future.
Undeniable revenues. Contracts under negotiation... SGLN is poised for takeoff.
and stagger right in to Remmy's... they have the cutest waitresses and great beverages!
We need volume... which will come with time.
How can anyone read the news and not want to be in on the fun?
Mr. Mohamed added, "On Monday July 9th I met with the GOB Geology Department to present and discuss the well logs, and I am pleased to report that the GOB is in agreement that the log shows three zones of interest, one each at 500 ft, 850 ft and 1200 ft. Based on these findings the GOB has given permission to perforate, acidize, and test the well for production."
Woo hoo!
Don't sell
MMs and shorts are counting on you to give them shares after this run-up
Don't !... you will be better off in the long run!
It is called, low cost provider.... exactly what Obama care will make the medical industry seek.
SGLN is actually the frontrunner in this space. The days of high cost, unrealistic premiums placed on a marketing logo are long gone.
ROTFLMAOAU
This is all you need to know...
At SurgLine our mission is to sell the highest quality surgical implantable products at the lowest possible cost. Our signature product line, Surg, in most cases by the same manufacturers as other leading medical companies without the brand premium. We only use stable technologies and pass the savings on to the end user with very substantial savings.
By utilizing stable technologies we are reducing the ‘brand premium’ much in the same way as Costco® has with their Kirkland® brand. By removing the brand premium we can pass along cost savings to our customer including the acute care hospital, ambulatory surgery center, self-insured payer, managed care provider, PPO insurance company, state and federal governments and the patient who often has a patient financial responsibility portion of the bill.
I am amazed that volume (and price) aren't much, much higher. When the general public hears about TECO, this thing will skyrocket.
Tons of shorting going on - here is the link
http://otcshortreport.com/sgln
LMFAOAU
Mr. Reid stated, "I am overjoyed at the progress that is occurring at Treaty Energy (TECO). There have been many programs implemented in Texas and Belize and all are coming to fruition at the same time. To remind our shareholders, we have drilling programs in West Central Texas for 12 shallow wells (500 – 600 ft); we are moving forward to drill 9 wells (2300 – 3000 ft); and we are currently drilling a well to (1700 – 1900 ft) on the MC COMAS A LEASE."
Mr. Reid added, "We have drilled our first well in Belize, the San Juan #2 well, which is showing promising results. We are already in preparation of the site to start drilling our second well in Belize and are seeking to permit an additional six wells to properly outline and define our oil play in the Stann Creek District of Belize. In addition, we will soon outline our plans for the 1.4 Million Acre Paradise Concession."
Double Woo Hoo !
The well planners and geologists involved with this well estimate production to be up to 400 BOPD
Woo Hoo !
lots of announcements from TECO will be coming soon.
Oil at San Juan #1 + Oil in Texas = $ in the bank
you can bank on that
Revenues will come and when they do, this stock will skyrocket
LMFAOAU....
lmfaoau - SGLN is the real deal. Soon, many will reap the benefits of this power play
Luke, here is another confirmation of the shorting...
http://otcshortreport.com/sgln
Slow Ranger, My understanding is that equiment is locally available. The timing should be quick once the Ts are crossed and the Is dotted.
So, what would "involved in negotiations" mean...? Are you saying that if you have not signed the dotted line, you are not involved?
Don't confuse involved with committed
Treaty Energy has representatives in Belize currently that are working to finalize a Perforating Services Agreement with Schlumberger.
How is that not involved?
In case you missed it, Schlumberger is now involved.
NEW ORLEANS, July 5, 2012 /PRNewswire/ -- Treaty Energy Corporation (OTCQB: TECO) (www.treatyenergy.com), a growth-oriented international energy company, announced today that its Chairman, Andrew V. Reid, is pleased to update shareholders and other interested parties regarding further progress in Belize.
Mr. Reid stated, "We have made the decision to use certain outside contractors to provide certain specialized services that we believe will prove expeditious, in contrast to our past practice of purchasing all needed equipment to internally provide services for our drilling program in Belize."
Max Mohamed, Treaty's Director of Operations in Belize, stated, "In order to more accurately define the size of the Stann Creek oil play that we are currently working on, we are seeking to permit and drill a total of six new wells that we believe will outline this play and then allow the potential of this oil play to be analyzed. A Reserve Report will then be issued to the GOB for their consideration and approval."
Treaty Energy has representatives in Belize currently that are working to finalize a Perforating Services Agreement with Schlumberger Oil Field Services, and an Acid Pumping Services Agreement with Tucker Energy Services for the six planned wells.
Mr. Reid and Mr. Mohamed stated jointly, "We are very pleased to be able to work with Schlumberger and Tucker, two of the outstanding Oil Field Services Companies that are known worldwide for providing the highest quality of services to the Oil Industry."
Wikipedia says Par Value is meaningless. To educate those with outdated beliefs, the following is provided.
http://en.wikipedia.org/wiki/Par_value
Par value stock has no relation to market value and, as a concept, is somewhat archaic. The par value of a share of stock is the value stated in the corporate charter below which shares of that class cannot be sold upon initial offering; the issuing company promises not to issue further shares below par value, so investors can be confident that no one else will receive a more favorable issue price. Thus, par value is the nominal value of a security which is determined by the issuing company to be its minimum price. This was far more important in unregulated equity markets than in the regulated markets that exist today.
Par value also has accounting purposes. It allows the company to put a de minimis value for the stock on the company's financial statement.
Many common stocks issued today do not have par values; those that do (usually only in jurisdictions where par values are required by law) have extremely low par values (often the smallest unit of currency in circulation), for example a penny par value on a stock issued at USD$25/share. Most states do not allow a company to issue stock below par value.
SGLN is King Kong in his infancy. The company is barely a year old and already making money and scaring the competetion.
As I mentioned before, I have a friend who works at another medical supplier (sales in excess of $ 1 Billion) and they are well aware of SGLN. This company has a very, very large contract in the Boston area and they are very nervous about it being renewed this fall.
My friend has even mentioned applying for a position at SGLN, so you know she sees the potential.
I believe that all of the negative posting in the world will not be able to stop this train. SGLN will, without a doubt, take much business from others in the near future.
Revenues are not reported in advance. Revenues show up on financial reports AFTER the fact, hence money from announced contracts will not be included in company numbers until after they have been received.
SGLN = future monster
I predict that naked shorting will be a great friend to the longs here. When those shares are demanded for delivery, the shorters will find themselves in deep sneekers.
Thanks for posting Dandaman53....
$ 200K in revenues per month....Will today be the day? We know that SGLN is getting closer to lift-off every day. New contracts are soon to follow and then, we will be off to the moon.
I would not want to be caught short on this one.
Least,
Good observation. SGLN is a very inexpensive stock as was Microsoft and Apple Computer in the 90's. You are correct in your assumption that SGLN will in all liklihood, be trading very much higher in the future.
Good catch!
SGLN is soon to be a major contender
As I mentioned before, I have a friend who works at another medical supplier (sales in excess of $ 1 Billion) and they are well aware of SGLN. This company has a very, very large contract in the Boston area and they are very nervous about it being renewed this fall.
My friend has even mentioned applying for a position at SGLN, so you know she sees the potential.
I believe that all of the negative posting in the world will not be able to stop this train. SGLN will, without a doubt, take much business from others in the near future.
Revenue in their 2nd year already resulting in net profit. How many of SGLNs competetors can say the same thing...?
Owens & Minor, McKesson, Cardinal Health, AmerisourceBergen... these are all multi-billion companies and all playing in the same game..... with one difference. That difference is about 30% higher costs to the customer.
How long do you think it will be until SGLN begins stealing business from all of them?
It will be like taking candy from a baby.
The release was anything BUT pointless. The fact is that TECO has the blessing of the GOB to release this, very positive news. Since we (TECO) will need to maintain a good working relationship with gov't officials, this was the best way to let the world know that we have struck oil without rubbing (fill in the blank) in the face of Andre Cho and the GOB.
For those who understand the message, this release is what we have been waiting for.
Not that anyone here didn't see this, but...
NEW ORLEANS, July 5, 2012 /PRNewswire/ -- Treaty Energy Corporation (TECO) (www.treatyenergy.com), a growth-oriented international energy company, today re-announced that it has re-entered, and re-drilled the San Juan #2 well in Belize to a depth of 1,440 ft. This well was originally drilled in January 2012. (This 're-announcement' is being made due to the minimal coverage of the first release this past Monday because of the July 4th Holiday.)
Max Mohamed, Treaty's Director of Operations in Belize, stated, "We are pleased to report the results of our efforts to re-drill the San Juan #2 well which we completed on Thursday of last week. Thanks to the affirmative results obtained we are now authorized to lower and cement casing."
Mr. Mohamed added, "The Belize Geology and Petroleum Department is fully informed of our progress on the San Juan #2 well and has authorized us to proceed with casing, cementing and cased hole wireline logging of this well. In addition, Treaty has permission to move the Schramm Rig to the next drilling location and to drill our second exploratory well in Belize."
Buy high, or Buy low?
Where do you chose to purchase your shares? How many people bought FaceBook at it's high because it was guaranteed?
Today, SGLN is near alltime lows, but the business climate for it's products is excellent. With the right goods at the right time and excellent management, this is a company that is well poised for growth.
So, are you goign to buy now, or wait to chase it later?
All the stars are aligning themselves for SGLN. I am buying my future now.
Info for those doing DD - MUST READ
Eric Siu graduated with honors from London University, UCL, Mathematics. He has over twenty years of management experience in in high-growth, international medical businesses. His experience includes medical product procurement and healthcare supply chain operations in China, medical product manufacturing in Germany and China, medical product distribution in the US.
Luke, That is true. Sometimes the shorts don't do their homework and decide to go after the wrong companies to play their games. They have surely tried to kill SGLN, but the heart beat is too strong. When it is clear to those on the dark side, it will be too late to prevent deep, deep losses.
I kinda like the thought of seeing them cry all the way to the poor house.
Revenue in their 2nd year already resulting in net profit. How many of SGLNs competetors can say the same thing...?
Owens & Minor, McKesson, Cardinal Health, AmerisourceBergen... these are all multi-billion companies and all playing in the same game..... with one difference. That difference is about 30% higher costs to the customer.
How long do you think it will be until SGLN begins stealing business from all of them?
It will be like taking candy from a baby.
Luke,
You are exactly right. SGLN will win business by being the BEST alternative. The age of thoughtlessness regarding the cost of supplies is long gone and they are the answer.
It is crystal clear to anyone who has done their DD.
I can't imagine he is holding any PRs and don't think it would do any good anyway. Believe me when I say the competetion is well aware of SGLN and holding news would probably do more to keep their name from potential customers.
It takes time to foster relationships and existing contracts must run their course (expire) before new ones can be signed. My guess is that when things start to go, they will go in a big way.
I don't expect to sell this thing in a month for a triple.... I plan to hold it for a couple of years for a 100X return.
Thanks from all of us rd...
Also, for all Americans, let's not forget what tomorrow is all about. Please remember to honor those of us who have the freedom provided by those who have fought to provide and protect it.
Go USA
Go SGLN
My understanding is that obamacare mandates that low cost providers are to be preferenced over high cost providers, if no advantage is included in the higher cost.
With the 20,000 (and probably soon to be more) FDA approved products to sell, it won't take long until revenues skyrocket.