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Cool were Number one on the breakout board
If the company is going to PR then this can fly if not then we can all go to sleep
ASCM jumps up with the ask every time we get a higher big
Was able to get what i needed with my other brokerage account
Cant buy due to DTC chill restriction
Ballistic missile
Not denying just with some buzz can be a multi bagger
Three words "Update coming soon" causing volume
That talks to me
LOL hard to profit? UP 300% today
I don't think its over
And yet the stock is back to where it started today morning
Nice Buy!!!
Couldn't agree more
Re: MSPC Investor
Oscar Brito
XXXXX
Yes, it is management full intention to get the company in fully reporting status ASAP. The company began getting up to date about 1 1/2 months ago with the filing of the 2015 K.
Regards,
On Sun, May 7, 2017 at 11:16 AM, XXXXXX XXXXXXXXX <XXXXXX@gmail.com> wrote:
Hi
I'm looking to invest in your company based on the PR's that have recently been released. My only drawback is that your company has not been reporting Financials since 2015, can I expect that to change in the near future.
Best
XXXXXXX
CANT moved up his bid a little, I still think this is poised for another run
Agree there's no way to know for sure but from the price action it doesn't look so eventually we should get an 10Q we will see then
Picked up some
Good Luck
I believe so, even if I'm wrong, there hasn't been any significant dilution during bankruptcy, we still have a tiny float, will they will start now I don't think so.....
JMHO
No debt = no convertibles
So your point is invalid
I got nothing signed but I recently spoke to Thomas and this is his words "We are not planning on issuing new shares at these levels" and on an previous occasion "That I have not sold a single share"
Cantor Fitzgerald an institutional trader and seems like is trying to support the PPS
You don't know the reason but there definitely is one. This is definitely not some OTC scam company, the management is highly professionals and skilled, they are not looking to inflate share price and have it tank with some garbage PR. And I'm sure they are working behind the scenes & they will let us know whats going on when they think the time is ripe.
JMHO
Good for you
Me Too
I believe that once the company starts reporting it will be removed
There is no logic in the OTC
Go $MMEX
Thanks for sharing
In the Top 100 selling items in this category
#83 in Health & Personal Care > Health Care > Medications & Treatments > Pain Relievers > https://www.amazon.com/gp/bestsellers/hpc/3763611/ref=pd_zg_hrsr_hpc_1_5_last#5
I spoke to Thomas today morning and he assured me that he his not and not planning on diluting shares
This volume hurts
You got it
Not a typo just has till 2017 to exercise his option
the other filling has the same
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11806895
Like what I'm seeing here
No debt raising capital possible commencement of production
What else can you ask for
This hit 28 with such low volume has so much potential
We got a 12,000 bid @ 20
Saratoga Resources, Inc. Provides Update, Announces Resignation of Andy Clifford as President and Director and Appointment of Brad Holmes as a Director; Mr. Clifford to Serve as Strategic Advisor
Published: Jan 23, 2017 4:30 p.m. ET
KENNER, La., Jan 23, 2017 (BUSINESS WIRE) -- Saratoga Resources, Inc. (otc pink market:SARA) (“Company” or “Saratoga”) announced today that Andrew Clifford has resigned as President and a Director but will continue to serve the Company in the role of Strategic Advisor. Following Mr. Clifford’s resignation, Brad Holmes has been appointed as a Director of Saratoga.
The Company also announced the planned opening of an office in Kenner, Louisiana. The Company’s mailing address in Louisiana will be 2400 Veterans Memorial Blvd., Suite 110-A, Kenner, Louisiana 70062.
Thomas Cooke, Chairman, CEO and President of Saratoga, stated, “We wish Mr. Clifford all the best. He has served Saratoga well and will continue to assist in the development of our inventory of drilling opportunities.
Opening of our new Kenner office coincides with our efforts to establish production from our Lake Fortuna field assets and pursuit of additional drilling opportunities.
Since our exit from bankruptcy, we have successfully sold our two remaining Gulf of Mexico assets. Pursuant to the sale, we brought $60,000 of cash into Saratoga with the buyer also replacing existing bonds on the properties which is expected to allow us to secure the release of existing bonds posted by Saratoga. We have submitted paperwork to secure the return of funds posted to secure those bonds as well as the bonds on two other Gulf of Mexico assets that we elected to release. Together, we anticipate receiving approximately $120,000 from the release and return of such bonds. Under the terms of the sale, we also were granted the option to participate in the first exploratory well on each lease and each subsequent well at a working interest percentage of, at our election, up to 25%. According to the most recent audited reserve report of DeGolyer and MacNaughton from December 2013, the properties sold included Proved Undeveloped Reserves, net to Saratoga assuming 25% participation, of 807.8 MBOE (39% oil).
With the elimination of virtually all of our debt, the prospect of bringing cash in the door from the release of bonds and other ongoing initiatives, including the possible commencement of production from our Lake Fortuna assets, we are focused on rebuilding our asset base and production and growing shareholder value in the process.”
Forward-looking Statements
This press release includes certain estimates and other forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, including statements regarding our ability to establish production in the Lake Fortuna Field; our ability to secure and execute upon additional drilling opportunities; the ultimate dollar amount of bonds released and the timing of receipt of bond funds; the ultimate reserves, if any, producible from the Gulf of Mexico assets and Saratoga’s election to participate, or ability to finance its participation in, the exploration of those assets; and, our ultimate ability to rebuild our asset base and production and grow shareholder value. While we believe these statements are accurate, forward-looking statements are inherently uncertain and we cannot assure you that these expectations will occur and our actual results may be significantly different. These statements by the Company and its management are based on estimates, projections, beliefs and assumptions of management and are not guarantees of future performance. Important factors that could cause actual results to differ from those in the forward-looking statements include the factors described in the "Risk Factors" section of the Company's filings with the Securities and Exchange Commission. The Company disclaims any obligation to update or revise any forward-looking statement based on the occurrence of future events, the receipt of new information, or otherwise.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170123006064/en/
SOURCE: Saratoga Resources, Inc.
Saratoga Resources, Inc.
Thomas Cooke, 512-940-1948
Chairman/Chief Executive Officer
www.saratogaresources.com
Copyright Business Wire 2017
Strong floor on 19