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Omne
floyds plan never stated massive dilution. I believe he stated he would be increasing value to the stock. 25b as and maybe 10b os. How does that help.
Lol guess we need another pump..
Really?
Well hope it doesn't happen til its at 60 cents.
If he gets production it will not matter...
I like it, I like it. Lol
would it be better for floyd to draw the full 10m now our after rs?
Its the same loan the problem is share price.
Yea right! We know your objective here.
There is a lot of interest here.
Seems like floyd is setting company up for big growth....
It was in s1
hase price of $0.00028 (equal to 70% of the closing price of our common stock of $0.0004 on May 22, 2014), we will be able to receive up to $378,000 in gross proceeds, assuming the sale of the entire 1,350,000,000 shares being registered hereunder pursuant to the Investment Agreement. We previously received $119,120 and issued an aggregate of 300,000,000 shares of our common stock under the Investment Agreement. Accordingly, we would be required to register an additional 33,938,857,143 shares to obtain the balance of $9,502,880 under the Investment Agreement. We are currently authorized to issue 15,000,000,000 shares of our common stock. If the price of our common stock does not increase enough, we will be required to increase our authorized shares in order to receive the entire purchase price. CPUS has agreed to refrain from holding an amount of shares which would result in CPUS owning more than 4.99% of the then-outstanding shares of our common stock at any one time.
Enron went up to $90 a share.....ok
Maybe there will be a buyback.maybe production will double the estimate. . Go pe$$
Nice!!
Production is priority at this point. Imo I believe its gonna be couple of month for solid production..
The arabs will be buying the american companies for out rages prices .....
And they sold to plug for .06 . So are we to believe you now??????
If they get 300m shares for $500k draw how do they make money selling them now?
I must be missing something. Thanks for your response. .
I agree Go peii$$$$$$$
So Floyd sent all company info. to Sec . Put the spot light on his company only to go to vegas???? Lol
Swimom thats what floyd said in interview. ..
Thats what I was thinking . Floyd said in interview there would be very little debt with profit
Buy back sounds like the plan....
Your right. I dont want it either but still could be good . I picked up a lot of shares few days ago.....
Oh you said concede to rs.
There is no reason for that.
Floyd is keeping up with standards he just recieved s1 approval.
It indicated at least one day in month at .01
Production will take care of that.
Changes to the OTCQB Venture Stage Marketplace
OTC Markets Group is making changes to OTCQB® to make it a better venture stage marketplace. Beginning this year, OTCQB companies will be required to meet new eligibility standards aimed at improving the information available to investors. Companies will be required to meet a new $0.01 bid price test, provide additional information, and submit an annual OTCQB Certification signed by the CEO or CFO. For the first time, International Reporting companies listed on a Qualified Foreign Stock Exchange will be eligible for OTCQB.
Do you have link where it says they have to do rs?
I didn't find that on last link.
Go peii!!!!
Trading is strange. I thought for sure we would be up now with s1. The last pump was a lot of dilution which I think scared people off. But the future looks great .....Go peii
Business plan coming together , major approval with S1. Company reporting all info. To sec! Wells are prepped. Injection has been started . Pulling oil at several wells. Texas approval mid may. Go peii!!!
Looks good .
Wait for production. Wells are prepared funding is here. Pr's will be one after another with good news. Should be sooner then you think!!!!!
Great info. Thanks for posting. ....
No need for s1 approval pr when production is priority. Main Goal is production. Conservative numbers 150bod. Its all good!
Wait for production. Wells are prepared funding is here. Pr's will be one after another with good news. Should be sooner then you think!!!!!
S1 Approved! Excellent now add to production.....we will Fly!!!!!!
I sent 1 email several weeks back and had an immediate response with in an hour.....
Look at sec filings s1 filed 4/14 then lawyers signed off 4/16.
They filed s1 4 amendment confirming the law firm signed off. It shouldn't be long now.... law firm put their name on it 4/16.
I missed that one. Good one!
Happy Easter!
Go peii. $3 no problem...
It says the 10k amendment. Isn't that it?