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Yes!!! I forgot to include the reverse merger, but I am inclined to believe it's a hostile takeover. Why else would Meyers group want majority of the company? Simple answer they are going for the GOLD and bid for the commons would be 0.05-10 a share and take can go for the dollars. I would not be surprised we see some sort of news pertaining this theory sometime next week.
I don't think it's a scam either, but the Skull and Bones issue has to be something significant and CEGX will definitely fix the problem by pre-market or by the next session (Tuesday). What puzzles me is that why didn't the Meryers group didn't clean the filings before the 8K was released and I think the reason is because there is hostile takeover.
Based on my experience trading CDII last year (got out in time before the skull and bones was issued) got in for a million shares at 0.0033 and sold it 0.05, just in time for hefty profit and watched it slowly bleed to 0.0001 in a matter of few days. But that was a share selling scam and I think with CEGX there has to be some significant news pending.
Interesting, thank you very much for that information. Obviously that information is valid, but the question is how quickly they will fix that issue. Is there a news pending or is it just a scam as the website clearly states. My bad, for some reason I was able to see the YIELD sign until early afternoon, but late afternoon could no longer get on the same website with Safari, but interestingly enough your link directed me to the website without any issues. I think for that reason alone the implications would be a sell off, unless they fix the problem sometime tomorrow or pre-market. My sincere apologies.
Seriously ok what? I already know what the link is and checked it yesterday when the servers were working. Apparently you can see the skull and bones, just take a screen shot and then post it. I don't need the link, I need a proof of your findings.
I believe there is hostile bid takeover bid going on right now as we speak and it will fetch somewhere between .05-10 that's my prediction.
Jones keeps posting that there is Skull and Bones on OTC. The servers are down and have been down since yesterday late afternoon, can anyone confirm if this guy telling the truth?
OTC servers are down and they have been down since yesterday late afternoon. I don't know where you came up with the idea of Skull and Bones. If you have proof then get a screen shot then post it.
link please
I researched that also yesterday, didn't want to say anything because still want cheap shares for another million. If you noticed on my previous post about quick DD and came up with the conclusion that this is a monster in the making, no matter how you look at it.
The 4th paragraph is the most intriguing part of this:
"Corporate finance, including underwriting companies through initial public offering, reverse mergers, secondary and convertible debt offerings, as well as private placements
Securities brokerage and market making in a select list of over-the-counter securities
Financial advisory services, including mergers and acquisitions, corporate restructuring and fairness opinions
Corporate finance, including underwriting companies through initial public offering, reverse mergers, secondary and convertible debt offerings, as well as private placements and at-the-marketing offerings
Corporate Finance"
That's exactly another good point, that's what I was puzzled with. There is not even a question about that. By the end of the month this will mark 10,000% increase, of-course in incremental increases. Reminds me of ticker I knew last year and going into this year, that particular ticker registered almost 70,000% in a matter of 60 days and this is not too far fetched. The float will get all soaked up come Monday and for those who sold today will be sorry.
That's exactly what I was thinking too. All next week will be epic, we might even pay a little visit to silver land possibly by Wednesday, if the press release is any major event, then teens by Wednesday.
Just incredible whats coming, this is going to be huge. Folks we are not talking about 100-200% increase and retrace, this is a making of 1000-10,000% and multiple day runs increase within a week or 2. Now, depending what's in store when a press release is issued. Regardless the market cap should be around 5-10 million, you do the math and you will see where this could potentially land all next week. Now, having big names taking over this ship, the dynamics change drastically. These big names didn't just stumble on this to make chump change, they are going for the GOLD and by definition that could be dollars. I just did a quick DD and that is my conclusion, I would not be surprised to see this open in copper and land at .03 or 0.04 Monday and if there is a press release with a major event, it might even fly to 0.08-0.09, one way or another, there will be some significant news sometime next week. I wouldn't one to be the one who says, should have, could have. This thing is going to grab the bull by it's horns and run with it and when it does, it will be epic. Forget the charts or RSI, you might as well throw them out now because when that press release is issued it will be epic and would not have mercy for relative strength. I am willing even to bet that somewhere on the press release they will state that they are gearing for uplist.
You know it chief.
With the right news even PM Monday this will fetch 08-10 even on Monday, that's "with the right news" of-course, such as, a reverse merger with another privately held oil and gas asset. Then boom.
Most probably peeps in the know (insiders). Institutions won't touch this. Either way, that $200K is definitely not i-Hub funds, it's someone or entity with deep pockets that know it's going up huge come Monday. Monday is a huge gap is my prediction, maybe even start with copper.
No, RLBtrader did. Damn hate it when peeps post false information.
Anyone know the SS? I can't find accurate ones and TA will take a while they get back with me. Appreciate any legit feedback please.
What recover? Up 300% and plent- to go on Monday and all next week. You are talking like it's down. This could very well go to the teens by end of next week. Today the flippers took profit and will come back again on Monday. I won't be surprised to see this open in copper already.
Monday morning huge gapper. This is going to run to multiple pennies Monday and silver by Wednesday.
Whoever doesn't load up, will be missing huge next week.
This is huge play come next week, got in this morning with a 40% up already. $0.30 by end of next week. I am locked and loaded for a good 1 million shares. Whoever sells today will regret it big time come Monday. That is a super 8K
In my opinion, there will be no news until those filings are cleaned, which by the way they are completely out of funds. They even stated that they are considering letting go as a shell, when I spoke to them last.
There is nothing here until they have the filings cleaned, which by the way, they have no funds to even clean it up. They don't even have $225-$250K to be compliant and to me that is a huge red flag, much less for them to acquire an asset, which again they failed to do last year when oil prices reached its bottom of $26, now oil is on it's way to 60 and yet they still haven't capitalize and that is also a red flag. I might add to this fiasco also, the payroll back pays of well over $2 million dollars, what do you think will happen here with a bogus PR? Dilution, to pay themselves. Nothing been happening for multiple years and more likely nothing will happen for another year all so, until they give the company away as shell play.
It's not what I claim and it's not even an opinion, it's a fact. You can check for yourself and to up list on the big board, if that's what you are referring to, it will cost minimum $1.5 million dollars, don't let anyone fool you. I have a series 6 license, plus I use to work for Ameriprise Financial as one of their elite group. I've lost so much money on pink sheet stocks that I can't even fathom the fact that I was a fool, but I learned my lesson. Pink sheets are extremely risky and illiquid, having said that, I still own 100K shares of EGYH for lotto, but the fact remains that they don't have the funds to clean the filings and what good does it do when and if a news breaks, when all the pumpers start selling to novice traders. For example, last year I traded CDII for a million shares @0.0035 and sold it for 0.05 and look at where it is now. By all means CDII was and is a share selling scam, which EGYH isn't, but if news breaks and if the filings are not in complaint then this will drop back to earth because short sellers will start their assault and create panic selling, once they see there is no buying pressure. Believe you me, I know how the game is played and I know the cost associated with bringing the filings current.
Mind you, they haven't even cleaned the filings.
That's exactly my point. If I wanted to bet on a ticker, I can do that all the day long on the big board, where it's more liquid with stop losses in place. Oil was never going to drop to 15-20 and they should have know that better than you and I, assuming they are or were in the business.
MakinBank, there is no news, like I've always stated, they need to clean the filings (to be in compliant with SEC rules), which by the way they have no funds and the cost associated with that is minimum $200K. The only action I see here, is between market makers just manipulating the stock. They had all the opportunity in the world to acquire distressed assets when oil was down significantly and they blew it. Watch the paint at the end of day, (it's called self gratification).
Show the screen shot, if you have any?
I believe your strategy is right on the spot. Yes, an investment of $500-$1500 investment for a flier is definitely worth it, but $1500 is just too much money for this at this juncture, when they don't have anything, not even the funds to clean up their filings. I think, $500 dollars, (somewhere between 100-200K shares) is enough for a lotto here, if ever. $1500 investment could take you a long way with other investments and if this (EGYH) really flies, then it's ok to chase it even with $1500 if the news ever breaks, I don't mind slapping the ask if the news is really legitimate provided that I believe there is a potential of a SARA move here, I will even consider chasing it at 200% premium with the $1500. However, this right now is dead, nothing happening, best case trades once in a while is between 8-9 thousand dollars worth of trade, that is nothing to sneeze on, if I see over $20,000 worth of trades, then that is something I will consider getting back into, but I have to see that at least 3 times a week. Good luck to you.
listenToMe, so how is Patricia A. Stryker associated with WMDS and what does Bohemian Investments have to do with this ticker? Interesting share structure, the only thing that concerns me is liquidity and that enormous gap between the bid and ask.
Nice paint job again and it's called self fulfillment/gratification. It doesn't cease to amaze me anymore. A little over 4 more weeks, between now and then, dwindling is inevitable, especially now that they have 50 million float and it keeps rising. Jeez, wonder if there is dilution in progress. To all the newbies out there, don't listen to the pumpers here, there is nothing here other than a shell, with over 2 million dollars in back pays for payroll, somebody is going to pay them (do you want it to be you?) for doing literally nothing. Yes, they even mentioned it to me, "remember this is a shell" straight out of the horses mouth. They have no assets, they have no income, and more importantly they don't even have the funds to clean the filings. There you go, you invest in this, your funds will be tied up for a long time to come, if it ever comes, more than likely it will never come.
I don't think so, that's what I thought too when I had my bid at 4 GTC, but tomorrow morning I will change that to 0.80. There is a high probability that this will hit 1.50 and if that happens, then my bid will likely get filled. If it doesn't reach there at any point between Friday and next week, then I think this is not finished in terms of volatility and could go as high as $30.00 between tomorrow and next Friday.
I had it @4.00 too, but now I am considering lowering my bid to 0.80. Once that 1.50 comes along, it will definitely dwindle down to my bid.
Like I said, this is what happens all the time. When you think you have momentum, crap hits the fan. 4's and 3's coming to theater near you.
There is no point for me to talk the price down, I am not flipping penny stock for 100% gains to get myself beer and pizza. I know exactly what going on with this, nothing and for that reason shorts take advantage, when there is no buying power, shorts take advantage and take it down. Why would I want to take the price down, it doesn't make sense, if anything was going to happen, 0.009, 0.008, 0.007, 0.006, 0.005, 0.005, 0.004, 0.003 would not make a difference for, unless I was trying to flip for a 20,30,40,50,60,70,80, or even 100%, if the filing was clean, I would be willing to pay even 0.01,0.015,0
02,0.025, or even 0.03. So your notion that I am trying to bring the price down is false, especially, if I really thought this is a lotto, but it's not anymore because they don't even have the funds to clean the filings, much less acquire an acreage, which they should have done a while ago when oil prices were down. If I thought this was a good risk/reward bet, why would I care where my entry price is, I could always slap the ask, not worry about less than half cents. One thing I learned being this business, is that greed will always make you lose money. I don't my slapping the ask, sometime there is 20,30,40% gap between the ask and the bid, you think that I would care to slap the ask knowing the gap is huge, of- course not. So please don't try to tell me that I am trying to talk the price down, it's like me telling you, you are pumping this to no end to try entice other to invest so you can get out. I've seen your posts, you are pretty much the only pumper on this board. Stop pumping for once and be realist, there is nothing here, you have to face the facts and if anyone else tells you otherwise, they are lying to ears. When tax season is over, everyone will be back here to flip this again for 20,30,40,50,60,70% gains from it's lows of 3's. But until then this will drop to 4's and 3's in short order. If you believe in it too much, keep slapping the ask, better yet, I still have 100K, if you want them I will give them to you for 0.009. I would do that for you only. Good luck waiting till you get too old to even remember this and by that this probably won't exist or you'll be millionaire in your grave or at hospice. The moral of post is, why wait, just have it alert and if news breaks, then jump, you may a little late, maybe 100 or even 200% gain late, but if you think this will jump to 0.50, then you are 4700-4800% away and probably with more funds to jump in with, if you used the funds from this on other trades and if you wise enough, you can make probably between 100-200% gain on the big board within 30-60 days and that alone can buy a lot of EGYH if the price stays where it is, unless of course you bought it a lot higher what it is now and that would be different, but If I were you, I would book my losses and move on, just like I did a today with DRYS, lost of 4 grand alone on that today and moved on, but made a lot more with the initial run, bought 170 shares at 7.25 sold the first batch of 50 at 105, then sold the rest at 25, if you do the calculation, you would notice I am actually way ahead with DRYS, although will not touch that again. I am just to be realist here, I am not short by any means, I don't short anything under 10, much less penny stocks. Good luck to you and I hope your patience really pays off big time, if it ever happens.
8's only a paint brush, just like we have witnessed last few sessions. Someone wants to make themselves feel good after doing a paint job. Is that faux paint job you or a market maker? Haven't you learned peeps that trade penny stocks know the tricks already? 4's and 3's coming to a theater near you, just like last year around tax season, the only difference is, this is part 2 and maybe the final episode. See you in the theater and I don't mind sharing my popcorn with you.
4's, 3's coming soon to theater near you. Doesn't surprise me one bit, tax season booking losses, plus this company has no operations, it's as good as shell. Float has increased from just under 30 million to 50 million. It's over until the fat lady sings, it's been nothing, absolutely nothing. Hovering around this price range a well over a year now.