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.
Been in and out etc.,etc. of PGAS since the R/M of 800 Commerce.
CHRIS has now issued himself a Series A COD.
The following action was authorized by written consent of the holders of a majority of our outstanding voting stock: Adoption of a Certificate of Designation for Series A Preferred Stock (the “COD”). The COD provides the holder(s) of the Series A with super-voting authority equivalent to two (2) times the total number of outstanding share of all classes of the Company’s stock
Now he can issue the 10M Preffered shares without any fear of company takeover upon conversion.Smart.
This may also cause an increase in A/S's.
Name change???
Our common stock is the only outstanding class of voting capital stock as of the record date. Each share of our common stock entitles its holder to one vote on each matter submitted to stockholders. There will be no vote on the approval of the Name Change because the holders of a majority of our outstanding common stock have provided their written consent for such approval and adoption as allowed by Section 228 of the DGCL. No other votes are required or necessary. HUMMM!@#%
The float is the O/S 166M minus the 136M restricted shares Chris owns.Any warrants that are converted to shares come from the A/S of 490M an added the O/S which in turn increases the float.
PGAS uses shares from there A/S each year to pay off there yearly depts.T-Trades.Its in the 10k.Each year O/S increases.Just stating the facts.
Tech Def. for MDCX.
Definition
lurking
Posted by: Margaret Rouse
WhatIs.com
"Lurking" is the very common practice of reading an online or e-mail discussion without taking part in the discussion. Most visitors to discussions on Web sites, Usenet groups, e-mail discussion groups, Internet Relay Chat channels, or bulletin board systems understandably spend much more time reading or "listening" than writing or "speaking." What this term seems to imply in its usage is that some people benefit a great deal from a discussion without ever offering to enrich it with their own information or ideas. It is well understood and accepted, however, that there will always be lurkers in any discussion. And people new to a discussion are sometimes advised to lurk until they become familiar with the discussion
Nope!I'm lurking in MDCX's background.With many others.
PGAS is back to 2's but T-Trades still continue.Be patient.FTUA!!!
In my view PGAS needs to purchase more shipping tankers to increase there revenue.
From 10-k;
The risks associated with older vessels could adversely affect our operations.
In general, the costs to maintain a vessel in good operating condition increase as the vessel ages. As of March 15, 2016, 4 of the 4 operating vessels we own were built prior to 1995. Due to improvements in engine technology, older vessels typically are less fuel-efficient than more recently constructed vessels. Cargo insurance rates increase with the age of a vessel, making older vessels less desirable to charterers.
If we do not set aside funds and are unable to borrow or raise funds for vessel replacement, we will be unable to replace the vessels in our fleet upon the expiration of their remaining useful lives, which we estimate to be 10 years from their build dates. Our cash flows and income are dependent on the revenues earned by our vessels. If we are unable to replace the vessels in our fleet upon the expiration of their useful lives, our revenue will decline and our business, results of operations, financial condition, and cash flow would be adversely affected.
"REG FLAG".It has been 22 years.
Untill proof of company growth happens,yearly dilution will continue.FTUA!!!
TY,for the effort, time and DD w/your research and selections.FTUA!!!
T-Trades continue.My view,price will hold between .03 and .04 as long as PGAS buys outperform the T-trades.A drop below .03 will create more panick selling,stop losses and impatient holders to sell.This in turn,in the next 2 weeks or more,will create a new wave of buying opportunity in and maybe even under .02. FTUA!!!
Today looks better.Buys outperformed the 130k T-Trade.FTUA!!!
That's last year's filling.Float increases each year as dept varies.
April 19,2016 10k:
We have raised capital through the use of convertible debt instruments that causes substantial dilution to our stockholders.
Because of the size of our Company and its status as a "penny stock" as well as the current economy and difficulties in companies our size finding adequate sources of funding, we have been forced to raise capital through the issuance of convertible notes and other debt instruments. These debt instruments carry favorable conversion terms to their holders of up to 50% discounts to the market price of our common stock on conversion and in some cases provide for the immediate sale of our securities into the open market. Accordingly, this has caused and will continue to cause dilution to our stockholders in 2016 and may for the foreseeable future. As of December 31, 2015, we had approximately $69,619 in convertible debt and potential convertible debt outstanding. This convertible debt balance as well as additional convertible debt we incur in the future will cause substantial dilution to our stockholders.
April 13,2017 10k:
We have raised capital through the use of convertible debt instruments that causes substantial dilution to our stockholders.
Prior to the consummation of the Securities Exchange Agreement on February 29, 2016, it was difficult for us to raise capital or find adequate sources of financing due to the size of our company, operations, and "penny stock" status. As a result, we were forced to raise capital through the issuance of convertible notes and other debt instruments. These debt instruments carry favorable conversion terms to their holders of up to 50% discounts to the market price of our common stock on conversion and in some cases provide for the immediate sale of our securities into the open market. Accordingly, this has caused and will continue to cause dilution to our stockholders in 2016 and may for the foreseeable future. As of December 31, 2016, we had approximately $44,887 in convertible debt and potential convertible debt outstanding. This convertible debt balance as well as additional convertible debt we incur in the future will cause substantial dilution to our stockholders.
FTUA!!!
Still waiting for PGAS's share restructuring to end to re-enter.FTUA!!!
Patent approved and issued: https://finance.yahoo.com/news/uspto-approves-issues-patent-oxis-121500313.html?.tsrc=rss
Did not see no EOD T-Trades but VNDM was doing some share restructuring for PGAS's dept or AGTK was dumping shares for the RM of 800Commerce.This has happened each time PGAS breaks above .05.The first time after RM PGAS hit.10 and spiked to the .20's I knew then we were headed for 1.00.OUCHHH!!!Maybe now it can that more attention on PGAS is spreading to help this dilution.WE will see on there next filling.As for now.I'm also back on the sideline's wiff ya. FTUA!!!
Last year,I sent a request 3 different times to "Google Finance" http://www.google.com/finance?q=OTCMKTS%3APGAS&ei=8QNaWdCgJIapmAGQna7ABQ to update PGAS's Website Link from; http://www.800commerce.com/ to; http://www.petrogressinc.com/ Did not receive a reply nor a response on why it could not or should not be updated,after 3'rd request.???????FTUA!!!
The launch of INMG's Cannanet.Tv may even outperform Players network,PNTV's,6 months performance,that also has a similar share structure.FTUA!!!
I agree w/price increase,to fast.PGAS is now in overbought territory.My view is interest in PGAS will start fading for next couple of weeks,or more.As long as T-Trades continue or not.This will provide a better opportunity to enter PGAS,as the RSI decreases.FTUA!!!
Still waiting for T-Trades to diminish to re-enter.FTUA!!!
Is that 310k T-trade a dept trade or MM's shorting PGAS?FTUA!!!
Oh don't get me wrong.Great company to be in.Heck im the past moderator that desighned the IHUB box.My view here is that the pumpers that flip here are going to be gone soon if not already which will hurt others that do not have the patience to wait for a normal share price increase.FTUA!!!
See our "Young CEO",Tom Coleman,on the 'Night Flight Press' video: http://nightflight.com/press/ FTUA!!!
MMs would not let my sell orders go through for me to buy more when they drop the gap price.Thats OK.Drop it on down and ill still buy more.2 can play there game.FTUA!!!
Inca Worldwide (QEDN) Announces Steps to Follow with the Colombian Government
9:00 am ET June 2, 2017 (PR Newswire)
Inca Worldwide (Pink Sheets: QEDN), QED Connect Inc., announces the steps to follow with the Colombian Government:
1. The Colombian government will prioritize the loans for Sacha Inchi under a special line of credit with 100% Finagro guarantee with the Banco Agrario.
2. Green Mine Solutions SAS will work with the government to bring the technology to do all the processing in Colombia.
3. The Colombian Government and Inca Worldwide along with its subsidiary Green Mine Solutions SAS will work together to get the necessary steps needed to promote more farmers to grow Sacha Inchi and to get the necessary finance to make Colombia the leaders in Sacha Inchi worldwide.
Kate Bahnsen the CEO said: "We are very pleased with our meeting with the government and we are going on the right direction with our project. This is the beginning of a project that will transform the lives and the economy of a country. This is a legacy that will mark the beginning of a new Colombia."
For more information email info@incaworldwide.com or visit the company website.
INMG's CEO,Thomas Coleman:
Tom Coleman,also credited as Thomas J. Coleman and T. Joseph Coleman.Mr.Coleman is an entertainment industry veteran.
He was the sole founder president and CEO of the Atlantic Entertainment Group an independent movie studio.Between 1975 and 1989 Atlantic distributed over 120 motion pictures and Mr. Coleman,personally,produced or Executive Produced 40 films including the 1978 Academy Award winning 'Madame Rosa",the teen film hits "Valley Girl' and "Teen Wolf","Extremities","1969" and many others.Mr. Coleman was also the founder,in 1998,of the RTV Television Network.He became chairman and CEO of Prism Entertainment when the company merged with Atlantic in 1988.Coleman was chairman of Independent Entertainment Group.Rocket Pictures,an indie production company,was founded by Coleman in 1992.He is an Executive member of the Academy of Motion Picture Arts and Sciences,and an industry consultant for the Zurich Consulting Group based in Switzerland.In July 2001,he became CEO,President and director of Sun Network Group.Coleman is the Lead Producer of the musical “ModRock.” Under his nom de plume,Hagan Thomas-Jones,Coleman is a member of the Dramatists Guild.Tom is currently CEO of Innovativ Media Group,a developer,producer and distributor of multi-media content.It has acquired many of the assets of Lux Digital Pictures including a library of feature motion pictures and,via New Broadway Cinema, produces adaptations of stage shows utilizing its trademarked DigiTheater™ virtual reality process. http://www.mountainsofmadnessseries.com/ . Innovativ also operates The Alien Channel on YouTube, http://www.thealienchannel.com/ In partnership with FullScreen Inc., https://fullscreenmedia.co/ is developing the new web series "Just Smart People",the customized movie title search destination VOD Movie Guide and is a principal in the Film Finance Exchange.
After XTRN does a R/S.FTUA!!!
Take a closer look and you would understand why I posted it.GFTUA!!!
Thanks for info,adamski.
This site has also restarted there analysis on INMG. https://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=INMG FTUA!!!