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I'm thinking this news takes us to the .0015 - .0018 range tomorrow with a close between .0014 and .0016 which gets us closer to achieving a major technical indicator as we inch closer to a Golden Cross. The 50 DMA is at .0009 and the 200 DMA is at.001; this will put BRWC on the radars of the technical buyers too.
.0028 by the end of the week? Gotta love it when the fundamentals and the technicals merge together!
None here. TA told me they were still waiting for some paperwork to get back to them, my understanding is that it is internal paper shuffling and not something they are waiting on from Buzzy or Fernhill.
I'm sure we will just log into our accounts one morning and see the shares in place. Or log into Ihub and see a posting that the shares have been deposited.
It would be nice to have a heads up telling us what day to expect the shares to be added to our accounts.
I don't see dollars down the road for the pps, but I have made the case for a pps in the .036 - .05 range and I think most of us would be very happy with our accounts in that range.
What I like here is that we have someone who is willing to put real money into their belief that Boreal is good place to park 250K for the next two years. Think about it, how many of us would be willing to park 250K in a pink sheet company for a mere 7.5% return? This is an investment in the company that someone believes will provide a huge payoff during that time.
Even Shorty isn't parking his money here for two years without touching it no matter what may happen in the market. But we have someone from The Kingdom who is willing to do just that.
Exciting news indeed!
It's good. Shows that Francine is getting the plant ready for capacity operations. Confirmation of the supply contract with the UAE.
I like several aspects of this deal.
1. It's financing coming from the same part of the world as the UAE group.
2. The financier was most likely put in contact with Boreal by the group from the UAE showing the confidence they have in Boreal.
3. The conversion is ten times the current price, (how many of us would sell at .0075 in the morning.)
4. The financier is most likely hoping to convert the warrants to shares as payment due to their understanding of the company being undervalued at .0075 per share.
5. The interest being charged is reasonably competitive which points to confidence in the FINS by the financier.
6. The contract to supply water to the group from the UAE should make this financing agreement an easy agreement to pay off prior to the conversion dates.
BRWC is now a stronger company with the ability to bridge any funding requirements as the plant ramps up towards full capacity. We knew it would cost money to get the plant fully operational and IMO the funding that has been received is evidence that near capacity operations will be upon us very soon.
It would be great to see article 9 ourselves; but, it is very encouraging that the financier has seen article 9 and is very comfortable with what they have seen to date.
Exciting times for BRWC with more news to come!
Yeah, not the best news, but not the worst either. Maybe this follows last week's pattern with details of the supply contract to the UAE to be released in the morning?
Ask was 7 mil. Bid was 31 mil. The right catalyst could quickly send us to 12 and test resistance at 14.
That should have been good for you. That 450,000 shares should have gone into your account.
Just wipe out the 8's for us tomorrow. LOL
I expect it to be a huge sale-a-thon as soon as the shares are available to trade. A few folks may indeed get 2 for a few shares, but it won't be many. Remember VGID shares were as high as $3 for a brief moment. I'd love $2 because that would be a half million dollar payday for me...but it ain't gonna happen. LOL
GLTU Shocktop
Very true. However eyes remain on the stock as it remains high in the most read list...just as its been since the summer. A lot of people are ready to jump in if Francine ever files that contracts have been signed. As you say, just show me!
Could've gotten there today if the bid sitters would go ahead and buy. The dollar amount on the bid would take out the 8's, 9's, and possibly 10's pushing us up to test the resistance at 14 again without news. News would then be able to push the pps through the resistance.
Based on the fundamentals; should be .005+ at this point. However, gotta throw out the fundamental analysis and thought patterns in pinkyland.
After getting all those 4's yesterday; are you the primary seller on the 8's? That's an awesome 24 hour turn around for you!!! Congratulations.
Please post what you learn so we don't bombard Buzzy with the same question.
This doesn't reconcile with his paradigm of what constitutes a fact. I've been telling him yahoo has had that posted for months since he first brought it up as his factual proof of a merger or buyout.
I believe it has probably been on yahoo since the days before dilution.
It took you until 10/23 to look beyond the Ibox as far as doing your DD is concerned. I've told you that Yahoo finance listed owners shares at 11% at least as early as June when I did my own DD and looked far beyond the Ibox for my information. I discounted the yahoo percentages because the 68% stated in the OTC listing and all the filings by the company shows 68% ownership for Francine.
Now, if that changed and there have been no filings to account for the change; then we have a major problem here. Insider trading, illegal sales of shares, dilution...you name it, but it would be a major issue and highly unethical if not illegal. I do not believe anything of this nature has occurred or is occurring.
James, are you saying that Francine is participating in such unethical or illegal activities? Because she noted in here latest update to the OTC that no changes in share structure has occurred.
Do your research and know that changes are ongoing that change the validity of how a company is viewed whether it's a company such as Boreal or Microsoft. However, what hasn't changed is the percentage of the company that is owned by Francine...68%. Otherwise you have now begun to promote false facts and represent the CEO as a liar...which TO BE CLEAR, I do not believe her to be. Poor manager, yes; liar, no.
I've got my bid in at 5 and will accumulate at these lower levels because I am confident we will see 10's again; and if some of what has been hinted at happens, we may something something a little better. I feel for those who have an average pps of 9+.
How is being late an opinion?
Multiple people spoke and emailed with Francine and were told "late this week, early next week" info will be released. None has been released....fact.
2nd Q FINS were due by 8/15 and a 10Q-NT was filed giving a 5 day extension....yet no filing....fact.
We are now just a few days away from the 3rd Q 10Q being late....fact. (Why would we expect to be filed on time when 2nd Q is still not filed?)
You have posted, and keep posting PAST facts that have been relied upon by many here; however, Francine has proven the caution given out to all investors...."Past performance does not guarantee future results."
As a result, it easy to conclude that nothing stated by Francine this year can be relied upon. Nor can the DD that backs up what she has told us.
Don't take my statement as saying that I called anyone a liar, I think what she has told us was in good faith and things just hasn't worked out the way she had hoped. With that said, "investing" in Boreal has to be done with ones eyes wide open because right now the pps is just as likely to see 3's by the end of the year as it is to see 10's again.
Raanger, you are right....there is no call for cussing and denigrating anyone. Personally, I have lost anything here but opportunity while my funds tied up in BRWC. All my buys were at 6 or 8 and what I still have has me even. In fact, I want to add 5's...got my order in.
Personally, I'd rather hear nothing like we are currently hearing instead of the weekly response of "next week" the Francine gave for about 7 weeks.
Dude, sit back, watch, and listen for a while. Notice how long you've been around in relation to Wz. I've learned a lot from him and others like him. Your response shows your ignorance.
Not many who bought 9 to 14 can casually take their losses and move on now. Many would've flipped this except for the statements of our #1 CEO. Yet she doesn't have time or respect for shareholders to make clear and concise information available in the time frames promised.
GLTU
My order is in for some 5's. Let see what happens today, I believe I'll get filled by EOD.
I think it's most likely that revs are buried in Saint-Elie. Just have to sit back and watch for Francine to release all the promised information, 10Q for 2nd and 3rd quarters, and see if it all lives up to the hype.
The calculations are fine...the problem is where is the revenue??? The contract for that revenue is from Sept 2014; that revenue should have showed up in the first quarter this year on the FINS but I don't see an additional 2 million stated? The total revenue for Q1 was $531K, only $81K more than 2014...was that the increase from the SOHO deal?
Or, did the revenue get funneled to Saint-Elie? My guess is that the contract was indeed funneled over to Saint-Elie or simply fell apart due to the issues within the Chinese economy. China is not the financial juggernaut once thought to be, they are struggling right now as much as any developed nation and relying on revenue streams out of China is a very risky proposition right now.
Add to that Francine's new address (thanks WZ!), her failure to deliver information in a timely manner regarding the endless promises of "next week" throughout September and October, and the failure to at least communicate expectations ahead of the "corrected" FINS and 10Q all leads one to reasonably conclude it is a good time to remain on the sidelines and watch to see what develops. If I miss a few points of the coming H2O GOLD run that is being hoped for, that's OK...what's not OK is to blindly watch while the BRWC pps drift downward.
Anyone can ignore reality, but no one can ignore the consequences of reality. I hope for a run...I truly do, and will jump back in at that point. I believe many of us hope for that run which is why we continue to follow this board and/or maintain a small position in the company. However, we can't ignore the realities of what we see Francine doing right now.
Curious doings after hours today it seems??? Looking at the trade data from today's action, the final trade of the day was a 911 trade at 17 (there was also a 911 at 18 earlier in the day too.) However, the thought that 911 means news is being released has not come to fruition when I've seen that trade code before.
Also saw a 400 trade that indicates the MM's wanted the action to continue trading sideways...which it did. Saw a trade for 700 shares, but haven't found that as a code.
The interesting part is that the days volume was 8.4 mil EOD, but increased to 10.4 mil with a T-trade at 4:05 for
.00157. However, VGID has continued to trade after hours with the MM's; volume is now at 12.2 mil and the last price traded was at 17.
Or, MM'S adjusting their holdings by trading shares among themselves to be sure they have open shorts covered? Agreed, it is fishy when sales below the bid happen. It can't be retail.
And for Francine, all would be well. She could just sell BRWC assets to Saint Elie and keep on going. Investors then take the hit.
Have to watch L2 in the morning. I expect 20's and 21's to be thinly asked for the first 3 or 4 minutes and if they are hit hard, pps may move to 25 - 28 quickly. If there is a stall for even the slightest hesitation, I expect trading to remain similar to today's trading ticking upwards 2 or 3 ticks while waiting to see if news is actually released as hoped for on Wednesday.
What is the consensus on my thoughts about tomorrow?
You twist words...I said that the Yahoo Finance (that others are suddenly referencing) listed CEO ownership at 11%, and has do so since before June. I have constantly pointed out that the CEO ownership is as stated on the OTC at 68% and that the one thing that she has followed up on is the update of the SS on the OTC which shows her ownership at 68% and no dilution. So, I'm not sure what you proved??? And I Do hope BRWC is H2O GOLD since I still have a fair amount of shares here.
I'm sure the deal is still on...but while we wait;
pps 7 X 8 last week due to the lack of info as promise (soon will arrive at some point)
pps 6 X 7 this week???
pps 5 X 6 next week, or by Thanksgiving???
I believe 5 will be the floor if news is delayed long enough.
13400...$21.44...hell, that won't even cover a glass of wine tonight at Del Friscos. Serious attempt to push this down. Funny trader.
Wait, gotta subtract the trade fee. $11.44 net??? Even Funnier.
I believe an ask or bid listed at 10K means that "I've got all you want for sale, or I'll take all you care to sell" at that price. That's why 19's stayed up so long earlier; CDEL and NITE both sat at 10K on the ask while 3 or 4 million sold at that price.
VFIN has the next block at 28 once we push through this flip/short zone.
I see Baby Spring and Baby Natural water. Can't see Boreal name anywhere in any China trade show photos shown to date. However, you can always see St Elie's name very prominently in all the China trade show photos.
Are the Chinese revs going to St Elie? That does Boreal no good, unless the two are merged.
A key phrase in this post is that no ex date, or pay date has been made official yet. March 31 was the original target, and technically it could still be the spin off date. However, the preponderance of evidence suggests that the official ex dividend date will occur in the near future.
GLTU
My take is they will be a disappointment. And past performance of other companies says it is a mistake to rely solely on revs from China.
I'm thinking along the same lines. I think the FINS will be disappointing; at lest in relation to what many are hoping. I think many are looking for big chunks of Revs to be added back in over the past few years and I don't think that will occur.
It is the promise of possible partnerships that will get this moving forward in the near term. I've got my plan in place for either direction.
Don't accuse people of lying...let me restate. When I came across BRWC and began doing my own DD in June, Yahoo Finance listed insider ownership at 11% (assumed to be Francine.)
Yahoo finance still lists insider ownership at 11%, no lies, you can look for yourself. Obviously, we can see that as of today insider ownership is 68% which was recently updated by Francine on OTC Markets. Read what I said, rather than assume I'm lying, folks need to not read the sudden appearance of this 11% number another member just recently discovered on Yahoo Finance as some indication that a deal has been struck with others.
And before you restate it, I'll do it....BRWC has no toxic debt and Francine is not dumping her shares....I agree to that. I even believe that this is going to run eventually, that's why I'm maintaining a position here and only sold half of my position. However, I'm realistic and wish I were smart enough to take credit for the following quote; "You can ignore reality, but you can't ignore the consequences of reality."
It is probable that BRWC will run once the FINS and news are released, but it is possible that things are not as they seem and that news brings additional selling. It is pinkyland after all. As you always say, NO WORRIES HERE. I have no worries because my eyes are open.
If news is out next week, this may be the bottom. If no news for another week, then 6 can probably be had.
Yahoo has said 11% since I bought in June. Old news, Frannies position has not changed....no deals to be read into this.
Is the TA going to say "I'm gagged, and can't talk about the share structure?" No they are not, they are going to tell me to contact the company. I know because I did call the TA, I also called the TA on the other two pinkies that I'm holding to see if the answer would be different, one was the same and the other stated that the posted share structure should be current to their knowledge, but I would have to verify with the company. So that to me is not being gagged as you have stated often.
Now as for contacting the company....I've called and emailed and not heard back from them because the SS does concern me after what VNDM did a couple of weeks back. I've left messages and wrote asking the company to update the SS on the OTC website and so far nothing of the sort has occurred and my calls and emails have gone unanswered.
As a result I reduced my holdings from 21+ mil to 8 mil and after watching the action this week, it appears that selling 2's may be difficult until FINS and news are released showing the companies progress and SS structure. I expect to be grumpy when it is news is released, LOL, that either I didn't sell my entire position or that I didn't hang onto all the shares I had.
Fundamentals on this looks great with personal updates from the CEO about news next week; if he doesn't deliver that news it will be a problem for the pps. However, reading through the posts of many and the DD along with my own research about VGID says that he has a greater probability than not to deliver on his word with news, updates, and filings.
Applying some traditional fundamental analysis places the pps value at a minimum of .0027 if all you use are the earnings from VGID. If you add the earnings of VGID and FernHill, you get a minimum pps value of .0038. I come to those values using a PE ratio of 12 and the cumulative earnings as reported through 2 quarters this year. Those earnings have most likely increased in the 3rd quarter which thereby means a higher pps value.
And that's before we even begin to consider the value of any spinoff shares. It has been reported as being on 3/31/15; however, that date has not been made official by the CEO and many expect that date to be some date in the very near future. Awesome profit potential for very little invested; may be as much as 20,000 - 30,000. Anything under .002 is easy money here.