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Best post on this board for some time, kudos!!
Picked up a few more fire sale shares today, :)
HMPQ
I see nothing in that link that says HMPQ is about to get sued. Please keep it real.
Go HMPQ!!
For a stock that has been recently trading in a swale, all movements are pertinent, in my opinion. Drill opportunity windows are upon us, commitments need to be honoured, deadlines are relevant, share price fluctuations coincide to investor sentiment. You are correct in saying this picture will change and share prices will change as progress is proven. We will all win as investors in either HENC or TGC, perhaps one more then the other, if we strike oil. For now we can only create our own scenarios of business behind the curtain of silence!
Looking Great!! Go Smoky Market Foods!! Eddie is doing wonders to turn this company around!!
TGC share price is withering away while HENC slowly creeps up in value. Any comments??
TGC share price is withering away while HENC slowly creeps up in value. Any comments??
Took a small position here. The upside looks great!! GLTA!!
"The Company entered into a Note with an accredited investor on October 1, 2009, and in the amount of
$35,000. The note was purchased by an accredited investor from the original note holder in the amount of
$40,000.00. The new note holder cancelled all of the accrued interests, extended the maturity date to October
1, 2015, with an interest rate of 8% that is due on the maturity date of the note. The note can be converted into
common stock upon the note holder’s option."
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=142901
Next week, next month, next year....it is all pablum to the investors until we hit oil! TGC
Another WAG, Strongbow sells shares to strengthen its position in HENC, HENC will have more funds available to drill the first well, Strongbow will possesses stronger leverage when dealing with TGC.
TGC..BID/ASK .065/.07 last .07...OUCH!!
My gut feeling says, commit to the minimum because we still have ongoing and "outstanding" issues yet to be resolved. I don't believe we have seen the end of the legal action between these 2 (3) parties. In addition the seismic analysis is not a hundred per cent guarantee. Drill one well, prove the science, get oil, drill another, rinse and repeat.
"39,894 shares traded today @ ~ 20c" You are correct, this does represent a small slice of the big picture. However, that HENC big picture has been pared down a whole lot in the last few months and today's action is just another cut to the bone. Lack of updates, infighting, lack of producing wells....the list goes on!! It's not a "y-a-w-n-e-r" to me. I am down 35%!
I don't believe the share price fell because of manipulation. Some investors were under the impression that today's news would lean more toward substantial future involvement, projections and shareowner growth. Personally, I am happy with today's update. Drilling is to commence before year end. TGC and HENC are both on board to honour their commitments, one well drilled on present seismic data, more to come if drilling is successfull. Share dilution for HENC, maybe! Loan payments in the future to cover drilling costs, maybe! If they strike a major producing well, the future is ours! Buying shares at .20 will seem like a very astute and wise decision!
Holloman Energy Update on PEL 444 Obligation Well
HOUSTON, TX--(Marketwired - Sep 9, 2015) - Holloman Energy Corporation (OTCQB: HENC) is pleased to announce that drilling on PEL 444 is scheduled to commence before the end of 2015. A Technical Sub-Committee meeting took place on August 27th resulting in positive confirmations of the drill site location of our commitment well. Subsequently, on August 31, 2015, the Operating Committee approved the plan and the associated Authority for Expenditure (AFE). Mark Stevenson commented, "The largest prospect mapped on the Wingman 3D seismic was 'Baikal 1' and has been deemed as the final commitment well under the second five year license term. We believe that the technical work performed has increased our chances of success. Additional discussions for the implementation of the drilling program will take place later this month." Despite the outstanding disagreement to rights of operatorship and working interest, HENC and Terra Nova are working together to ensure the drilling program moves forward as planned.
A big thank you to all the people that responded to my post. The replies have been a mixed bag of conflicting information. Hard to differentiate between truth and fiction. Most agree HENC and TGC investors will benefit from a continued relationship that involves drilling wells, hitting oil, putting out timely updates and basically working together for shareholder profit. So more wait and see, hmmm!!
Does anyone have any valid updates they would be willing to share by PM?
TIA!
Hey, play fair, Nico has another mouth to feed and will probably require a greater percentage of TGC to be divested to Peresville to help pay those bills.
You may discover, SMKY could soon be moving from the junior softball league to the majors!
SMKY shareholders may want to visit this website for company updates.
Stay informed!
http://house.ethersense.com/~smoky/
"I guess it's easy to understand why the company would want shareholders to contact them, using the company website, and keeping the information privileged."
Absolutely, SMKY has the right to keep shareholders informed and if you are not invested in SMKY, why the concern?
Thanks for the public service announcement for SMKY shareholders!
Fwiw, I added to my portfolio of HENC and TGC this week. I love all the doom and gloom and figured it was a good time to take advantage of this negative environment. I also bought two other stocks this week that were hard hit because of this downturn in the market. They both trade in multiple dollars and they both have rebounded 10 to 20%. Not bad for less than a week investment!
The market has taken a major blow and a major correction this week. HENC appears to have fared well under these circumstances! China is lying the crap out of production numbers, oil has hit a decade low, TGC and HENC cannot seem to come to a working solution, my share value is down 33%, Trump is the biggest news since sliced bread, North korea doesn't like rock music, Russia still loves and wants the Kuril Islands, American soldiers are heroes on the trains, Buccaneer is slapping the gutter shares and my submarine has sprung a leak! Please let this coming week show a little sunshine!!
Possibly, volume before news :)
Given the timing of events, next week should be a great time for a show of hands, an update from both parties as to where we are heading! This dance has gone on too long, the courtship is over, the marriage is on the rocks...kiss and make up or move on!!
Josey, the share price may be declining but the volume is miniscule! I am not happy with all the bickering, he said, she said, scenarios but if and when we hit major oil and the share price rockets, all this back and forth will soon be forgotten!
Hey, if you're looking for employment, just tender your CV!!
Smooth, was that a private post to you? Checked back but could not see a public post. Perhaps you could point it out for the board. TIA !
"I am sure one day everyone will be beating down the doors trying to buy the former SMKY stock."
I believe you are correct!! Great post Malc!!
Nothing wrong with bowling balls if you get a strike!!
For the record, I have 4 times as many shares of TGC as I do HENC. I bought into both as I believed we had great seismic data and wells were about to be drilled. I still believe there is huge potential for investor gains. But it is not going to happen with present management, TGC for its greed based management and HENC for its lack of management. We are all here to make money, to be invested in honourable companies and honourable company management! Stop with all the nonsense, drill the wells, hit liquid gold and make us all rich or GO HOME! We know with all the maneuvering and posturing that there are riches to be gained in the Copper Basin.
While I have not been invested in this stock as long as most, this is my perception of events. Please fill in or correct me at will.
TGC knows the true value of the seismic and have played this game to benefit insiders and family members by selling off this choice bit of potential to family members that were privy to the seismic reports while keeping investors in the dark. I see further erosion of stockholder equity as slices of the pie are handed over at cheap, cheap prices to family members. This erosion will continue untill shareholders are left with nothing to very little and Peresville will be holding the majority of equity. At such point, Kneeko and Aldwarf and Poppa Capo will be fully entrenched to control the assets of all Copper Bassin claims. Bye, bye shareholders of TGC and HENC!! Hello Perseville!
Perhaps all the dissident supporters could add to their TGC stock positions and donate to Proxy support and call for another vote in the near future? In the meantime, what happens? Scum floats to the surface, cash and shares get sidelined to THE FAMILY? HENC needs to come up with cash and standby while present management pulls a fast one over present shareholders? God, I love greed and the low life that permeates our present society!!
You claim Genstock/Chauncy/Petersen have been/are dumping shares, the volume for the last month was approximately 500K, I would hardly call that dumping! Would you have a record of those supposed transactions?
if that was the case, why give away shares to Peresville?
Poor planning combined with improper scamming leaves shareholders manning the lifeboats for survival!!! VOTE BLUE!!!
Time to take back what is ours!!
LarryBear40, "Just voted the Blue Proxy. Very easy to vote using the Shorecrest toll-free number, 1-888-637-5789. Takes just a few minutes and they walk you completely through the process"
Great News! Blue is a wise choice, IMHO!!
How does the proxy process work in this scenario? I have never been involved in a proxy battle before?