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Is the dividend definately 1 acly to 1711 pgpm?
I just feel we will be let down yet again. And not hear a thing...
If we dont hear - will you guys sell?
Also - if these ALCY shares show up - we shoudl have a PR to go along with it. Otherwise - wouldnt people just sell them asap?
I see the ACLY stock plummeting tomorrow.
So someone explain to me why - we are even waiting for information. I could understand why they would wait until after the 28th, but why not release whatever information they have now???
is this pinnacle digest invitation a good thing? Or are they just selling a product, the web forum?
Def Keep emailing.
Are we supposed to see anychange in our brokerage accounts? Or not until the 4th?
Ill take a very soon - that means tomorrow.
We dont want a soon!
so shouldnt we be expecting a PR between now and the 4th? Otherwise everyone would want to dump stock of ACLY.
Unless thats what they want, then issue a PR once the stock is dumped?
I was tempted to buy more - but i held off. I didnt want to get into the hype, I have well over 1 million shares. I know some of you have 5 and 10 mill.
They cant retire all our shares - because pinedo said we would own both. So there must be some ratio, that we will keep PGPM shares.
same here! Unless they force the buyback of 1,711 to 1 but then give us a dividend of PGPM shares. That could help with dilution. is that possible?
Thanks PAI. Thats helpful, but how can that help with dilution, if they are giving us ACLY shares, in addition to PGPM. Therefore, they didnt buy back shares, they only gave us shares of a different company.
you know what I found interesting about the ACLY website is that they have a "careers" section - where they are looking to hire employees. Furthermore, they have three job openings, two of which are engineering/geologist jobs.
If this company was some type of shell or sham - why have this? I do alot of website audits, and this is not a standard for energy companies, so its an intricate detail that leads me to believe they are actually hiring people.
Just a random thought - but i think an important detail.
what is the arcland website URL?
well atleast we know "very soon" means within 2 days. and "soon" is within 2 weeks.
No if they give us a dividend AND then the buyback of 1/1711, then this could get a bit more lucrative, again hoping that the ACLY price will remain.
SO now we need to hope for positive news from ACLY before Nov 4th correct? I assume they have something to release, being that the stock will just plummet on the 4th to under a dollar.
If I am correct, when do we expect them to release the info? On the 4th or ahead of time, to get people talking?
ok, now the question arises...who does what. Again I am new at this, convert all to ACLY? Keep PGPM?
Also - how do we relay our decision to our brokers? I use e-trade.
correct me if I am wrong, but .0029 a share isnt nearly what we expected. We were thinking between .006 - .03.
Is there something i missed?
what is their URL?
Arcland Energy Corporation Announces Effectiveness of Reverse Split, Symbol Change and Corporate Update
Last update: 1:57 p.m. EDT Oct. 22, 2008
DALLAS, TX, Oct 22, 2008 (MARKET WIRE via COMTEX) -- Arcland Energy Corporation (ACLY:ACLY
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, , ) ("Arcland" or the "Company"), an independent oil and gas company, is pleased to announce that its 1 for 10 reverse stock split became effective on October 14, 2008 upon filing of Articles of Amendment to its Articles of Incorporation with the Utah Department of Commerce. Arcland's shares began trading on a split-adjusted basis on the OTC Bulletin Board effective October 20, 2008 under the new symbol "ACLY.OB," which replaces the previous symbol "ACLE.OB." Management believes that the reverse stock split will likely position the Company's stock in a price range that is more attractive to institutional investors.
As part of the Company's Strategic Plan, Arcland plans to continue focusing on acquisitions in the West Texas area, an emphasis that will contribute to the near-term goal to achieve higher production levels and more proven reserves. The focus of Arcland's present activities is the successful development of its Texas assets. Management also plans to investigate other upstream oil and gas opportunities that fit the Company's investment criteria emphasizing enhancement of asset portfolio and shareholder value by originating, developing and managing balanced, low risk and highly focused developmental drilling projects in areas with low drilling costs and high success rates.
Headquartered in Dallas, Texas, Arcland Energy Corporation is a publicly traded company (ACLY:ACLY
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, , ) in oil and gas exploration, exploitation and production, focused on the domestic onshore basins of the Gulf Coast, West Texas and Mid-Continent regions, which holds operating acreage in the North West Texas area. Arcland Energy plans to invest its capital to enhance and extend existing conventional and unconventional hydro-carbon plays and to participate in emerging unconventional resource trends. The Company's primary goal is to increase the value of acquired properties through increasing production and proven reserves in a short amount of time.
Ill try...lets see if he responds!
you must note he went from "soon" to "Very Soon".
Next week he will say "very very soon".
I sent Pinedo a laundry list of questions, in a respectable, yet firm tone. He wrote me back with a very eloquent:
Information will be available very soon
Regards
Rafael Pinedo
CEO President
Awesome.
you and masc seem to know a great deal about stocks, you still think it may be a scam? Arent they on OTCBB now? Can fraudulent companies get on it? I know on PK, anything can happen.
is it possible that person knew that the price will rise in the future? How do you read this? Or is it a non-issue?
so can anyone explain the 5.25 value of ACLY? is that because the r/s was set along a specific value?
I was a stanch supporter and now im very close to bashing. I still own my shares, cause I decided to see how it plays out. But I am very frustrated and not expecting any real profit, if a profit at all.
shes not even in the arena. this thing will drag out well after thanksgiving.
I agree its real annoying...i emailed him agian. He responded to my 1st, not my 2nd - this is my 3rd.
So any other stock / penny tips?
thanks - just wanted to get your take on it, thats all.
So Masc, can you help shed some light on why today was supposed to be the big day - and our situation has only gotten worse?
Thanks
not sure what your talking about its moved between .0004 and .0005 all day, thats where it has been for the past month. Why is this news?
I saw it dropped to .0002 but is resetting at .0004 - this is a bit weird.
Well thats good, but again isnt ACLE or now ALCY a different company. that doesnt mean we are going to hear from PGPM! Does it?
Oh man...so they can wait until the market stabalizes, which could take about 3 years! This is horrible, if I understand it correctly.
Well the driver of MY expectations was when he said late august we would know something. This is ridiculous. Cant wait to get out of this stock...there are so many buys out there and i have alot of money (well relatively for my atleast) tied up in this.
So - what are we supposed to think about the HUGE delay in any information on our company for which we are shareholders?
I am pretty mad about it. At this rate, we wont hear anything this week. So when? to what end?
He responded to me, but not in 20 minutes, I wrote to him yesterday. he wrote:
"All your questions will be answer soon, one by one. We cant PR anymore
before filings are out first"
Regards
Rafael Pinedo
CEO President
Again - wont we know when the PR is coming, because we would see they filed something?
But the filing has not been filed yet correct??? So he cant put out a PR. And the ACLE site is not working, arent these the first steps???
I didnt tell him anything about the board.
I emailed him too, nothing happened. this pisses me off, i am pretty sick of PGPM.