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GM llessurK
Yeah I know these .0007's will be gone soon. I was lucky enough to get some of them to average down. I just see the potential here and just wish it wasn't played with so much. But such is the life in the pennies. Set it and forget about it is a great way to play this one.The weekly chart is setting up nicely though
$GIHI
$GIHI we are still so thin we move on a whisper. Only 205k on 0008's
very possible as the chart knows 1st
Anyone check out the weekly chart? If we finish the week here at .0007 that will hammer a doji star on the weekly. Another sign of a trend reversal. Between that and the Bollies on the daily, next week we begin the climb again. IMHO of course.
$GIHI
$GIHI I would love to know how many shares are left at .0007. I can't see who is on the ask but I would bet its ETRD. I believe we getting ready for a pop soon
Sovereign Oil & Gas Continues Drilling Wells In KS
Tweet PrintAlert
Globalgroup Investment Holdings, Inc. (PC) (USOTC:GIHI)
Historical Stock Chart
1 Month : From Sep 2012 to Oct 2012
Globalgroup Investment Holdings, Inc. (PINKSHEETS: GIHI) announced today that its subsidiary Sovereign Oil Corp is continuing to re-work and drill additional wells in Kansas. The drilling and rework of the first two of the ten wells is now completed and Sovereign will continue drilling an additional two wells immediately. With inclement weather now upon the region, Sovereign anticipates completing the two additional wells by the end of Q4 2012.
Under the original terms of the KS JV leases, the Company received a fifty- percent (50%) working interest in the O&G wells for its investment. Sovereign has recently purchased the remaining 50% working interest from the JV partner and now owns 100% working interest in the KS lease. The company plans to rework all 10 proposed oil wells by the end of Q2 2013.
Fred Rackers, President of Globalgroup Investment Holdings, Inc., stated, "This additional purchase of the JVs remaining 50% working interest in the KS lease along with our intention to complete all 10 wells by the end of Q2 next year; reflects upon GIHI's continued commitment to its subsidiary Sovereign Oil Corp."
Upon completing the re-works and drilling of all 10 KS wells, GIHI's petroleum division expects improved annual revenues of approx $600,000 annually.
About Globalgroup Investment Holdings, Inc.Globalgroup provides a viable online shopping alternative for fiscally challenged consumers by offering quality name brand products at affordable prices, regardless of household income, through credit alternatives and time-payment options. Globalgroup also offers technology solutions such as GlobalLOKâ„¢that address the computer payment collection challenges associated with rent to own, pay as you go and no-credit-check computer markets, and in other industries where remote PCs and laptops are deployed. Sovereign Oil, a wholly owned subsidiary, has its emphasis on oil and gas exploration, drilling, and well completion.
Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Contacts: Globalgroup Investment Holdings, Inc. email: info@globalgroupinvestmentholdings.com
SOURCE Globalgroup Investment Holdings, Inc.
Sound like good logic to me
Go $GIHI
Agreed but this is pinky land hence the current pps. I believe more normal pps levels will arive in the not too distant future.
1st official flex 4/50 baby on $BLUG. Can't wait til the email
i have seen you do it before on others surfkast so I do not doubt you.
$GIHI An emphatic YES!!!!!
$GIHI GM all only 130k at .0007 then up we go
$GIHI It's about time 1 of those 6.95 million customers upped their bid to 0006. Hopefully they will start purchasing .0007's by days end
Thanks for your Great DD PaperLion....GLTU
And I would be very surprised if anyone sold this low. I am sure some will but not even close enough to cover what is short
Well shares can't get too much cheaper. Quite a bit of shares to cover at this point I believe about 23 million or so. It's wait and see for now
Well it looks like they gonna take it down to .0005 to oficially make this a double bottom. Just a metter of when it happens today. A good sign would be to hit it early and finish even or green by .0001.We'll see
$GIHI
NO MANIPULATION??? HOW ABOUT A 35 CENT TRADE TO START THE DAY 5000 SHARES AT .0007=.35.JUST WAIT UNTIL THEY LET THIS GO.IT WILL FLY
$GIHI
gm Flex Nation
To be honest I wasn't expecting much today being Colombus day. Sure would be nice to close flat instead of red though. it's coming though
Just wait until they have to cover the 27 million from 10/1-10/4.....That aught to get interesting huh?
$GIHI
hahaha you know that term is going to be used more and more over the next coming weeks. Could be.
$GIHI looks like someone wants this to close even today only 325k left at .0008. there were just over 1.1mil a few minutes ago and more than 1 trade went through. I would love to close even today
$GIHI If they are going to give me the cheapies, I'll take them whenever I am able. Took a few 0007's today. We know where this is going and I can't wait to get there. GLTU
$GIHI well at least the gap filled at .0006 so we should move up from here. We'll see what happens
$GIHI Couldn't have said it better myself. The only good thing right now with this price is it let me average down to .0011. Can't wait for full effect turnaround.Just wish people would stop bid sitting and ask slap for a change
$GIHI Check this out amazing
http://stockcharts.com/c-sc/sc?s=GIHI&p=D&b=5&g=0&i=t70588112609&r=1349435739941
Trend reversal coming very soon. We will be trading on the north side of the mid line and riding it up. Bollinger Bands only .0009 apart and tightening every day. Very soon BOOM!!!!! Get the cheapies while you can.
$ASKE 0002'S ALMOST GONE .0003'S ABOUT TO PRINT GET IN CHEAP NOW ABOUT TO EXPLODE
$ASKE 0002'S GETTIN SLAMMED .0003'S ABOUT TO PRINT GET IN CHEAP NOW ABOUT TO EXPLODE
$ASKE 0002'S GETTIN SLAMMED .0003'S ABOUT TO PRINT GET IN CHEAP NOW ABOUT TO EXPLODE
$ASKE 0002'S GETTIN SLAMMED .0003'S ABOUT TO PRINT GET IN CHEAP NOW ABOUT TO EXPLODE
$ASKE ONLY 1.2 MIL LEFT .0002 WHO'S GETTIN EM SO WE CAN SEE .0003'S
$ASKE NICE JOB ONLY 1.29MIL 0002'S LEFT,GETTIN READY TO MOVE GET THE LAST OF 0002'S NOW
$ASKE only 3.29 mil left at .0002's get you cheapies now before the run
$GIHI it's so great to be able to see it on a chart and know it's coming. Get's you way more excited about your investment. As we all know the charts don't lie and they know before we know.