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Why is anyone buying any shares? Makes no sense. It's an obvious bad bet. This isn't an investment. Would have a better shot at Vegas slots.
Ascendia Capital Market Maker ASCM shorting all day, my opinion of course
WOW TNEN makes a great move...........True North today is also announcing a collaboration agreement with Tom Schaefer, an oil industry veteran, to collaborate for an entry level investment in the Eddy, Lea and Chaves Counties of New Mexico. These three counties account for more than 80% of the oil produced in New Mexico and 90% of the current drilling activity in the state. The specific mineral properties subject to the collaboration consist of 77 individual tracts of land comprising 17,000 gross acres and 271 net mineral acres. The company and Mr. Schaefer are also developing a longer term strategy for other oil asset acquisitions and development as well.
I don't know why anyone would buy this worthless stock.
If anyone wants to throw money away please give it to charity.
News out on TNEN
True North Energy Corp. launches new company website and gives updated status on the company and its current financial filing status.
SPRING, Texas, Nov. 19, 2013 /PRNewswire via COMTEX/ -- True North Energy Corp. (OTC: TNEN)("True North") today announced that effective June 28, 2013, a change of control of the company occurred as Gilbert Steedley obtained majority voting control over the company and was appointed as Interim Chief Executive Officer and sole director.
True North Energy Corp. is listed as current on the OTC Pink Market and has filed OTC Pink initial disclosures as well as its unaudited quarterly financial statements for the three months ended July 31, 2013 and July 31, 2012 as well as its unaudited financial statements for the years ended April 30, 2013 and April 30, 2012.
Keep up to date on True North's activities at the company's revitalized website, www.tnencorp.com.
About True North Energy Corporation
True North Energy Corporation, incorporated in April 2004, is engaged in the acquisition, exploration, development and production of oil and gas properties located throughout the United States. It holds overriding royalty interests on properties located in Alaska and Colorado.
Recently, True North has undergone exciting changes, which complement its core philosophy: Build an energy company by continuously evaluating the bottom line. From bedrock to barrels: phase projects, establish positive earnings, and move methodically forward.
This press release may contain forward-looking statements, including information about management's view of True North's future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of True North, its divisions and concepts to be materially different than those expressed or implied in such statements. The forward-looking statements included in this press release are made only as of the date hereof. True North cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, True North undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by True North.
SOURCE True North Energy Corporation
TNEN new website up and running
www.TNENcorp.com
TNEN up 40% today.
Volume picking up!
Better pay attention.
Where there is smoke there is fire.
TNEN Share Structure
Shares Outstanding 77,732,301
Float 37 million
TNEN current status is OTCPinkcurrent and skull and crossbones is off. THIS IS A GREAT SIGN. Something is going on here and volume is picking up. Definitely one to keep your eye on.
Well said.
I would say the 52 week low is not the bottom. Millions and millions of shares are coming weekly as he finances. It would also be wise to only use financing for absolute necessities not because raising the financing is convenient.
I don't know how tight a ship he runs but he may need to buckle down and get off the financing kool-aid.
I would say that at this point it's buyer beware. If you look at the financials and see all of the shares that are to be coming on the market it's very disheartening. Even at this low price if there's no chance the shares are going to go up in value why invest. A bunch of us still have shares at .03 and above from the last big run that are sitting very disappointed.
Yes it has been a ton. Too bad it's the result of massive dilution. I have been trying to be positive but it's tough. PEII is killing the shareholders. I hope they are not moving towards a reverse split.
Yes. I think people are still spooked after the craziness yesterday. There is still a run to be made today.
I agree that their actions mean that production numbers are good and the funding is in place to move forward.
I believe that they have to get press releases approved by legal. It is most likely that these promotions are to get eyeballs on the stock before the release of the positive production results. I would expect a healthy run tomorrow as people load up for the coming news Monday.
GO PEII
Yes that's a positive sign.
PEII is due for a good run. Many people are in for the long.
I hope tomorrow the asks hold and let this thing run.
Looks like PEII is still on pace for next years profit targets. If there wasn't all this selling it would be above .05
I am seeing the same thing.
If it's back the asks need to hold firm.
It would be nice to let this thing run.
GO PEII
Wall Street Journal reported:
http://online.wsj.com/news/articles/SB10001424052702303309504579183831541669864
I wonder how long this is gonna take to fix.
I am seeing the same thing.
There is some data issue on the OTC
The asks need to hold firm so we can close green.
Production news is supposed to be here very, very soon.
Just got some more shares so I can benefit from the run that will occur when the positive production news comes.
GO PEII
Complete collapse today.
I am so thankful I got rid of my shares before this.
http://biz.yahoo.com/e/131105/attd8-k.html
Anyone have any insight what to expect going forward for ATTD?
As it inches back up the Asks need to hold firm.
Why sell cheap when you can show patience and make some profit!!!!!!!
Yes it's very odd.
The volume is solid there was no need to panic sell. Buyers got spooked now sitting on hands.
Ask needs to hold firm. Up those asks!!!!!
Asks need to hold firm and not sell too cheap. The bid could rise nicely today and get us back over .03
Wow thank you for posting. This is big.
"The conservative reserve value of the 5% to Petron II is projected to be $10.50 million dollars. We have begun our due diligence and expect to complete the process by mid November."
That means PPS should be around 10 cents. I am gonna grab some more PEII in the AM.
This is great news.
GO PEII
Well said.
When those production results come out people will buy at a price much higher than where it currently sits. For a few hundred a buyer can be in a good position to make money when it moves back over .04
Buy low / Sell high
Ask needs to hold firm.
No need to give entrants a discount on this stock.
Hold and the bid will come up to get it.
If that is followed the run can continue. If new entrants don't want to pay the ask they will miss the coming runup.
Maybe some of the people who jumped ship early buying back in????
Also there was a massive short position so they are gonna have to buy to cover
http://otcshortreport.com/index.php?index=Peii&action=view#.Uml1aHm9LCS
Either way the upward swing is a welcome sign.
Exactly.
Last time it ran from its low it ran to .10
This is the momentum this stock needed.
A lot of people jumped off the ship too early. They won't get to see the promised land.
Even if flippers jump ship there is a ton of room for the pps to make up. The high volume and the fact that we finally get released an actual production report will get it back. Those who loaded up at these low prices get to enjoy a Good holiday bonus.
Those solid production figures are gonna make all the difference. Pps with soar up. The stock should never have been as low as it was.
It's all about those production numbers. When they are released and people get confidence back the pps will go up. Maybe back up to .10
I can't see it getting lower but I understand those who have sold in frustration of the downward trend.
Anyone who picked up shares at this low price will reap the rewards.
It should be soon. Previous mentions were end of October. It's is end of October so exciting, tangible production news should be released next 2 weeks. When it comes out I expect a major jump in pps to .05
Many people have given up but those of us who held on will do very well.
Let's hope to get the production news that we are expecting soon.
I think with any tangible production news PEII is good for .10
I believe that but I also understand how people have given up hope and have sold. I bought in at .03 and hope to break even at some point. I don't think news will be forthcoming for a while and when it does what's its effect will be on pps. This is probably a much longer investment than people are looking for.
I agree completely.
I think a lot of people who bought on the last 2 upswings sold out and gave up. At these low levels it won't take too much up movement to make $$. I also think the flippers are doing well.
I have begun to load up and would not be surprised if others do the same.
GO PEII
It was him waving the white flag!!!!!!!!!!!!
A lot of people today whored out their shares cheap.
SOUTHRIDGE SELLS LIKE ASHER. RELENTLESS ON OFFER WON'T BUDGE.
ATTD WILL NOT GO UP WITH VFIN PARKED ON OFFER