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Too Many Bid Sitters (AKA Whackers) At $.01 (Bid × Ask 10:1).
So I decided to hit the Ask at. 0115 (60,000 shares). I got a follower to hit it with me. Shares just won't get cheaper. Won't be able to fill ANY sizable order below $.01.
No. Would have to contact the TA myself.
There Is No Dilution That I Can See. No Form 8 showing up (a material event ) Nor Form 4's of any signficance (just a minor sell by CFO James Kirby).
Here's the SEC link for PPTO:
http://www.sec.gov/cgi-bin/browse-edgar?company=precision+petroleum&match=&CIK=&filenum=&State=&Country=&SIC=&owner=include&Find=Find+Companies&action=getcompany
Careful; Lots Of New Aliases Born Posting On Apro.
I find it very suspicious all these new APRO investors get on the IHUB board and immediately start posting how great APRO is.
Just That The Bid Is At $.0043 With A Negative Tick.
I Back Your Post 100%. But Let's Remember Newbies Are Our grassroots and need to be brought up to the correct facts.
I'm Just Hanging Around Period. APRO Is In A Very Much Needed Business. They can't help but make money.
Look At The Volume; Air, Nada. If There Was Serious Volume I'd Worry.
Look at all the press releases. They are booming. I'd buy more
to average down.
Good Point Needgreen. When These Guys Were Confronted As to their source, they were non responsive. A sure give away.
NEEDY I don't have pm. That's why no pm back.
How Were You Led Onto APRO? Your Source?
Thanks
APRO Didn't Delist It's Shares; They Only Deregistered.
They still can file 10K's and 10Q's; it's that that don't have to. There are many co.'s that aren't registered but still file 10K's and Q's. They can still maintain transparency by doing so.
One Question: What Was Your Source Of Learning About APRO?
This could help us "regulars" determine where this recent volume and price action is coming from.
HERE'S A 100-300 BAGGER ( NO 100 BAGGER BOARD EXISTS):
NITRO EXPRESS:
here's a breakdown of 2011
1. mcneil #1 = 10k per month
2. plummer 1 and 2 = 10k per month
3. quinlan wells = 24 bopd = 72k per month / 25% interest = 28k per month
4. cash deal of 300k for sale of lease to montana acreage, plus working interest.
5. new business transaction estimated to bring in 50 bopd = 125 so, here is we are looking at financially for end of 3rd quarter: appx 175k in sales of oil and gas per month, or appx 2000 bop m accumulated 12 month value of 24k barrels of oil x 90 = 2.16 million.
HERE COMES THE NITRO EXPRESS:
here's a breakdown of 2011
1. mcneil #1 = 10k per month
2. plummer 1 and 2 = 10k per month
3. quinlan wells = 24 bopd = 72k per month / 25% interest = 28k per month
4. cash deal of 300k for sale of lease to montana acreage, plus working interest.
5. new business transaction estimated to bring in 50 bopd = 125 so, here is we are looking at financially for end of 3rd quarter: appx 175k in sales of oil and gas per month, or appx 2000 bop m accumulated 12 month value of 24k barrels of oil x 90 = 2.16 million.
HERE COME'S THE NITRO EXPRESS:
here's a breakdown of 2011
1. mcneil #1 = 10k per month
2. plummer 1 and 2 = 10k per month
3. quinlan wells = 24 bopd = 72k per month / 25% interest = 28k per month
4. cash deal of 300k for sale of lease to montana acreage, plus working interest.
5. new business transaction estimated to bring in 50 bopd = 125 so, here is we are looking at financially for end of 3rd quarter: appx 175k in sales of oil and gas per month, or appx 2000 bop m accumulated 12 month value of 24k barrels of oil x 90 = 2.16 million.
Procedurally To Become A Privately Held Co, The Company Must Delist itself from a major stock exchange. APRO so far has only deregistered themselves.
Here's a link to a forum site discussing what a public corp must do to become a privately held one:
http://www.caclubindia.com/mobile/forum/details.asp?mod_id=15305
So Is Breach Of Promise; Fraud Also.
Some Further Thoughts.
APRO gives all the indication they no longer want to be a publicly traded company. These indicators are:
• Delisting as a registered corp.
• Their stock repurchase program
• Lack of press releases
• Lack of financial statements/filings
Barchart.com Has It A Hold. Before I Looked It Up I Was Saying This Is A Hold. Barchart confirmed it.
http://www.barchart.com/quotes/stocks/APRO
Deception Is Definitely Possible.
APRO made claims last year of 144 million in gross billings. Where's the proof?
The 10k and 10q were stated to be imminent. That was months ago. Where is it? There's definitely Deception as a cause for action. The investors were fully under the belief
transparency and final proof of APRO's gross billings would be made proven public. That has now gone away.
My #1 Take Is The 10K And 10Q Became Too Unwieldly And Costly; all for what? They, APRO, don't need to be transparent at this time. In the future lets's keep good records so APRO can effortlessly file a 10-12G.
APRO Was Registered 12/2006:
8-A12G Documents Registration of securities [Section 12(g)] Acc-no: 0000313368-06-000213 (34 Act) Size: 33 KB 2006-12-06 000-52353
Here's The Sec link:
http://www.sec.gov/cgi-bin/browse-edgar?company=allegiant+professional&match=&CIK=apro.pk&filenum=&State=&Country=&SIC=&owner=include&Find=Find+Companies&action=getcompany
APRO is not a holding co. or a shell co.
Are You Sure The 100 Share Trade Is Short? Until A Stock Is Delivered It Could Be Considered Shorted.
Here's a posted message that can explain how a sale can look like it is shorted and it isn't:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47244720
A 100 Share Buy Pops APRO + .002 16.67%.
What's Happening With STTN Is Relavent To APRO. They Follow
Each Other In Terms Of Increased Business And Profits.
I Just Alerted The Abuzz STTN Board That STTN's Sister Company Is APRO.
Don't Forget About STTN's Sister Company APRO (we are not related; same last name PRO).
SAME MANAGEMENT/CORPORATE OFFICERS/BUSINSESS ADDRESS.
Maybe We'll Get Some Collateral Damage Carry Over From STTN.
Here's A Nice Post On The STTN Board:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64010182
Even Higher.
STTN Hit A High Today Of 94.8% Gain.
Just To Point Out STTN (APRO's Sister Company) Is Up 79.22% Today With Heavy Volume.
$0.13[+ ] $0.135 $0.138 0.061 79.22%
What's happening to STTN could easily happen to APRO.
Yes. He put it well.
Yes. VERY TRUE. It's Definitely Not A Regular Investor(s).
That Is Very True. Selling 1/4 Today, By Carnelson, Was Pulling The Trigger Too Soon; Pent Up Overanxiousness.
STTN Hit $1.00+ So Could APRO. Same Valuation Structure.
Businesses here in the US need APRO's services especially in a shakey economic situation the US is in now; businesses prefer to hire temps first; they can be easily laid off if things go bad for a business.
Here's A Better Estimate Of PPTO's Take In The Plummers 1And 2:
OKLAHOMA CITY, OKLAHOMA--(Marketwire -01/ 26/11) -Nitro Petroleum Incorporated (OTC.BB:NTRO -News) -Nitro Petroleum Inc. recently completed the acquisition of a 7 well producing and development project. Nitro has accomplished the first phase of restoring production. The project is currently producing approximately 12-15 BOPD. The Company now has plans to re-complete The Plummer #1 & #2 wells in the Viola Lime, which could add an additional 10-15 BOPD. The company is estimating the cash flow for the company will increase approximately $20,000 to $24,000 per month when these wells are finished.
Yes. They, NTRO and PPTO, Are Joint Venturers. At 7 Barrels/Day that comes out to$ 21,000/month. If NTRO is getting $10K then PPTO should get $11K. Both should benefit.
Two Trades Today. One For 100,000 Shares Dropping The Price To $.011. 3 minutes later a 100 share trade pops the price 18% to. 013.
Definitely manipulation. But by who?
Additionally, I Posted Messages On The Following Boards:
Momo's Breakout Board
BB's Stock Haven
The Hunt For The Next 5-10 Bagger
OTCBB Alerts
Yahoo Finance
WK posted on Subbies Ready 2 Go
A good place to find all message boards is BoardCentral.com. They feed all message boards to one consolidated board.