Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
PR sums up recent events nicely and sets a great outlook. The fact that the PR hit all major newswires now is a bonus too.
zeed
Someone else posted the same problem a few days ago, something with the Broker.
33 pre sold with a price range of 180k to 250k. 250k x 100 units is the magic 25 million.
33 units @ 250k is 8,250,000.
Looking good
zeed
This is going to be a nice up coming PR too! "we have a 10 million dollar traditional funding package that we’ve been working on for a few weeks now and we will share more details on that agreement in the coming days."
zeed
As nice as 2s would be, staying in mid teens for a Friday if fine by me. Never know we might get a nice eod buying frenzy, that would be nice.
zeed
Picked up 1 million yesterday @ 0007 and had a bid in for another 500k @ 0006 yesterday that got filled first thing this am. Lets see what PMEA can do!
zeed
- Outstanding Shares 13,927,000,000 a/o Sep 30, 2016
- reduction of the issued and outstanding shares by up to or around 8.5 Billion shares
- New O/S looks to be approx 5.4 Billion, unless Im missing some other pieces of information this is the approx number I come up with.
zeed
FYI - Common Shares updated to 500,000,000 with State of Wyoming
https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=254127244111127100193156141132089176221124253194 (under addtional details)
zeed
"This means the Company never has to issue Amendments when they
actually do change the number of Authorized Shares."
This is how incorporating federally in Canada is conducted as well. It's the shareholders that have a say on how many shares can be authorized and is put to a vote. Who has how many shares to control the vote is something else.
Zeed
Is GEAR currently a private company? I bought in end of Jan and been reading most of the posts since but haven't had the chance to find that info out. I would much rather see a private company looking to go public via shell.
Zeed
Hey atlantic, the following link shows the status of the CTO in Quebec by AUTORITÉ DES MARCHÉS FINANCIERS. The list shows the previous day status so its a day late. GCEI is at the top of page 43 and they have to meet 5 requirements before the CTO can be lifted and Canadian Brokerages are able to execute trades.
http://www.lautorite.qc.ca/reg-emetteur/EmetteursEN.pdf
Zeed
I have to admit I have little faith in this company, but no choice but to stick around due to CTO. If something big happens, I can only hope removing the CTO would follow.
Zeed
All aboard!...More was traded than what is left of my position, sigh. Not much I can do.
Zeed
Its not saying much, but at least the trading has picked up over the last couple of months.
Zeed
Wow, I wonder whats going on. Bid has gone down, but ask does not seem to have gone up. Mind you I do not have L2 to see the real story.
Zeed
Is this what you are looking for?
http://www.otcmarkets.com/stock/INMG/filings
"Publish Date / Report Title / Period End Date
Status
Nov 9, 2015 / Quarterly Report - Disclosure Statement / Sept 30, 2015 Active
Nov 9, 2015 / Quarterly Report - Financial Statements with Notes 3rd Quarter 2015 / Sept 30, 2015 Active"
zeed
Oh I have money coming in...when it hits you will know. It will be an odd mixed# of aprox 200k shares worth(pending on share price)..lol
On another note I like reading what you have to say on the board, very neutral - tell it how you see approach. No *BULL
zeed
Nice. So INMG made aprox 50k in revenue for aprox 1 month of movie releases....
I think I'll hold on for a bit longer.
Zeed
I only took a quick glance at the Fins, was there any mention of Fantasy Sports income via Global Gaming Network? Revenue looks good if it was just from the small time frame of movie releases.
Zeed
If that happened, most would be in the green instantly...
Sigh...
Zeed
farmer6, I'm wondering if it will be some more news or earnings that will kick start this thing. I like what I heard on the podcast but market didn't seem to react to the merger yet. Would be nice to see a little up trend before earnings.
Zeed
Haha, yeah when I seen that logging in earlier I almost $hit my self. but the there was no bid and ask still .0001. just the price jumped up.. some weird things going on here.
Zeed
O/S is 2,004,306,651 as of August 14, 2015.
Zeed
30 mill? Not saying I dont believe you, i just dont see it in my trading acct or on IHub. In case something is messed up with my acct do you mind posting current ask/bid
Thanks
Zeed
Well, I'm in @ .0004 and haven't even had a chance to break even, let's see what this puppy can do.
Zeed
I have no idea. I can understand the reduction of Authorized Common Stock as if its not being used/needed the reduction doesn't really effect pps, just less room for the company to play with. As for the Preferred shares, not sure whats going on in the background or how it is being addressed.
Zeed
Common Stock and Series B Preferred Stock are two different types of stock.
Common Stock from
19,880,000,000 to 9,960,000,000
Series B Preferred Stock from
90,909,090 to 10,000,000
Its a reduction of the two types of stock.
Hope this helps
Zeed
One thing I like about Francine set up is she has a nice foundation with her private company Saint-Élie. Meaning she is well established and probably is making all the income she needs. Hell, she even used her own money as a note, and when notes were paid off she turned her shares to restricted shares. Therefore she is probably looking to expand her business into an empire. She has taken Saint-Élie and Boreal Water Collection from near bankruptcy and has turned the companies around and now they are well positioned in the market. One of the goals of the company is to find board members and partner up with well-established brokers. Which I think could go hand and hand.
Zeed
Thanks for the Board Mark. No PM but I sent one back at you.
Zeed
I didn't mean quitting as in failure, but rather she seems to be the type of person to see her goals through. Who knows maybe selling the company is a goal not written on paper.
Personally I think a partnership is in the works.
Zeed
I don't believe a buyout is around the corner. Francine Lavoie doesn't seem like a quitter and selling the company at this point would be quitting, as she would not have completed her goals:
An excerpt from Boreal Water Collection Releases Open Letter to Shareholders Feb 25, 2015 http://www.otcmarkets.com/stock/BRWC/news
"Over the next twelve months we want to add additional board members as well as partner up with well-established brokers to expand our US sales and distribution."
Besides if all the debt clean up was just to sell the company why bother setting ambitious goals as Exjouster pointed out in the Q1:
Post: 27502
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=115035486
That being said a partnership looks to be more likely.
Just have to wait and see.
Zeed
Haha, good answer, I'll hang in there.
From what I can see the Q2 results wont be released until approx Aug 15th(45 days after June 30). Is it normal for companies to give an update with approx numbers before hand?
This may not be all that important if there are some big developments before hand.
Zeed
janetcanada, what are looking for in the Q2 numbers?
"1st Quarter 2015 Results: Sales up 18%, Debts Down 18%"
Zeed
They had already uplisted, but yes they still need to meet that .01 pps to get back on the OTCQB.
http://www.otcmarkets.com/stock/BRWC/news/Boreal-Water-Collection--Inc--Announces-Uplisting-to-the-OTCQB?id=57323&b=y
I ask about this in an email a few weeks ago to her and she stated
"We were OTCQB, but since we were trading under a penny, we were put back pink…
But when we will be over 1 penny for I think 20 days…we would return to being OTCQB. (new rule)"
No hints of when, but I hope soon.
Zeed
Ah yes, I missed that. And those are the shares that she converted to restricted and can retire if need be correct?
Zeed
Just a though but if Francine Lavoie's privately owned Saint-Elie water company is doing so well (she was able to buy/create Boreal Water) then why couldn't she do a privet investment come from the Saint-Elie company to help with any of the 10q stated goals(post 27502). My general understanding is Francine wants to keep the two companies separate but if you’re going to borrow going forward, why not borrow from yourself.
Personally I feel a retirement/cancellation of shares is possible as she most likely owns most for the insider shares. As far as a buy back program, it really depends on revenue.
Zeed
Correct me if I'm wrong, but the decrease in volume complements the ascending triangle pattern.( http://options4income.info/bullish-ascending-triangle-pattern/ ) When the note converts it would increase the volume which precedes/triggers a technical breakout combined with BRWC fundamental improvement of no toxic debt, this could get crazy.
zeed
ib12u, what do you see as the main drivers to get the share price up to .0006/.0007 range.
I have seen your predictions on other tickers and they were pretty accurate.
Thanks in advance.
Zeed
EBW31, Thanks for the updates. I sent an email to BRWC last Monday and received a quick reply from Francine. Besides her stating that announcements will be done soon, she also answered my question on the Up listing notice on their website.
"We were OTCQB, but since we were trading under a penny, we were put back pink…
But when we will be over 1 penny for I think 20 days…we would return to being OTCQB. (new rule)"
So looks like they were OTCQB and will be again pending on share price. I'm not 100% how the status on the OTC works but this is what she told me.
Zeed
Checkout the bottle he is drinking from, google image search for Fred Water:
http://www.crowdfundinsider.com/2014/12/58144-american-rapper-lil-wayne-cameos-new-fred-water-flask-kickstarter-video/
Clients of Boreal Water:
http://www.borealwater.com/boreal_water/boreal-water-clients.php?var=clients
Zeed