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Green Christmas
Lyrics
The streets are filled with Christmas cheer
At least it's only once a year
Perfect parcels tied with perfect bows
And carols ringing in my ear
Bundled up against the cold
Lines wherever gifts are sold
Each shop window displays a Christmas scene
For everybody young and old
Icicles on eavesdrops and tinsel on the trees
But it's a green Christmas for me
Couples skating on the pond (couples skating on the pond)
Making angels on the lawn (making angels on the lawn)
Five red mittens drying on the rad
And needle-shedding Tannenbaum
Red bows on the railing
Snowflakes on the ground
But it's a green Christmas in this town
Green
'Cause of everything I miss
All this mistletoe, no kiss
And with every Christmas wish
There would be no greater gift
Than to have this envy lift
Carolers are at my door (lala la-la)
Don't wanna hear them anymore
Stockings on the mantle
It snows here everyday
But it's a green Christmas anyway
Red nose on the reindeer
Tinsel on the tree
But it's a green Christmas for me
Source: LyricFind
Songwriters: Ed Robertson / Steven Page
How's that steepening separation between the CGRA 50 day moving average above the CGRA 200 day moving average looking?
Angling higher still on Tuesday into Wednesday...?
Better buy in quick. The CGRA 50DMA looks like it's charting a SKI HILL jet-launch from an aircraft carrier at this point.
It's angled toward .30 to 50 easy short term, and that's just on the ascent.
Code PURPLE baby! AHAHAHAAA
https://stockcharts.com/h-sc/ui?s=CGRA
# # #
Stockopedia explains 50dMA / 200dMA
On a stock chart, the golden cross occurs when the 50-day MA rises sharply and crosses over the 200-day MA. This is seen as bullish.
Work by Seung-Chan Park has shown that companies whose 50d MA is far above the 200d MA significantly outperform those companies where the 50d MA is below the 200d MA.
Accumulation continues.
Every hour we lose more and more scared money, math challenged day traders.
And attract more holders who recognize the true rarity of this situation: a COMPLETED DOUBLE REVERSE MERGER in the OTC into a fully audited ticker, CGRA.
So many many tickers in the OTC hang out the promise of a lucrative reverse merger, but how many actually ever deliver? TSNP/HMBL ... WSFT/QIND?
So FEW opportunities.
It sure isn't easy. The legal and financial minutiae that has to be taken care of ... to make an actual change of control happen and share exchange a reality. The auditing, the Competent Persons Report, the tabulating of all assets, real estate, oil and mineral rights, the ceo's voluntary share reduction from 107M to 47M, the final Quarterly report
(Sounds thoroughly by-the-book to me, how about you?)
Just ask Bill Wright how difficult all this was. ("was"/past tense.)
He even tweeted about it.
So go ahead and keep betting that the combined value of the TWO incoming companies will be less than CGRA's current $20M market cap, and sell your shares.
By Wed. afternoon /Thursday morning the monentum shifts and the price edges more to the upside in anticipation of coming news.
Time is short on trying to scare people out of those shares.
Chop chop!
Tick tock!
"The news that was supposed to be here already"
Who said that CGRA OTC's announcement "in the coming days and weeks" meant that it would def have to be out today?
Oh, that's right. YOU did.
Just like you assume that no reverse merger will take place here worth more than a $20M market cap.
Or if that a RM does happen all of the 1.5 billion shares will immediately be sold into the market by the, say, $100 million revenue companies, selling themselves short to "cash in" at a share price that'll end up being a small fraction of what the companies combined are actually worth.
Interesting theories.
Paranoia much?
Someone lied to board readers 6 months ago when they wrote that CGRA shares are worthless.
Someone lied to the board readers when they predicted that no reverse merger of CGRA would actually happen.
I do not expect the lying or inaccurate predictions will stop.
CGRA has a market cap currently of about $20 million..If the combined values of the two companies taking over CGRA are greater than that, then price of CGRA will go up.
Based on what Link did with QIND, this is extremely likely to happen. A $100M value in a reverse merger is puts CGRA at a value of least 5X from this level.
Epically accurate -- Or IN accurate, predictions hang in the balance here.
I would expect those who have been egregiously incorrect in their asessments of CGRA's share price direction, to the tune of 32 Hundred percent (32X!) off, will continue to be wrong, and to an even greater degree than before.
Missed the dip to .04 NYD? Trying to talk it down there? What's your target buy-in point? Just curious
"Anyways, GLTA!" even the DIS ingenuous folk who don't really mean that when they type it.
Are you seriously asking me for a link to your own posts about CGRA? Everyone can see on the chart that this was trading at a half cent in June and July, and you were calling it "chit" and absolutely "worthless". THEN.
Those levels were 14X to the upside ago.
Try CGRA post # 116119....
pepeoil
Member Level
Re: OH NO- NOT AGAIN post# 119114
Saturday, June 25, 2022 7:18:57 AM
Post#
119116
of 125544
Rotflmao, why would anyone want to exchange anything of value for shares of Cgra? Lol. That would be like gifting shareholders of Cgra something, because Cgra shares are worthless.
And you predicted a negative result on an oil well drill? Shocker.
You also predicted that CGRA would evaporate into nothingness when it was trading at a half cent.
CGRA rose in price as much as 32X to .16 following that egregiously incorrect assessment on your part.
Even as i type this, CGRA is up 14X above your negative half cent proclamations on this board.
Incorrect by a factor of
FOURTEEN. Even TODAY. Wow!
Here's some more breaking news: Aaron Judge is going to strike out next season. A LOT.
Aaron Judge is also going to hit hundreds and hundreds of home runs for another decade and make a bazillion dollars.
If one oil well in West Salt Creek didn't produce, you dont give up. You pick another spot and drill again. Or you sell the rights to someone who will. Or go deeper. Because there's almost a billion BARRELS of oil underground in Powder River including Natrona and Converse counties where West Salt Creek is located.
Which makes the Powder River Basin the Aaron Judge of oil regions.
And you're focusing on one strikeout to predict future results?
Just not smart.
I will predict that CGRA will soar above 10 cents in the very near future.
May the best predicter win.
When we analyze certain people's analysis we see blah blah blah how can i POSSIBLY spin a very very rare successfully completed reverse merger into a low float OTC stock into a negative?
The slowdown in money flow in the days leading up to Thursday when CGRA's change of control became official was quite understandable due to skepticism and trepidation on investors' part about A) that the RM process would actually proceed and in fact "wrap up" and happen without yet another delay that bears could have harped on, and B) concern over what the nature of the change of control would entail/and what the reverse merger entity would be.
The closing price on Friday would have had to have been higher than what it closed on Wednesday for the MFI to shift green. It's a misleading statistic at this particular moment to harp on the MFI yet you have zeroed in on it in a pathetic attempt to mislead less knowledgeable traders. A shameless attempt to deceive.
Anyone following CGRA with objectivity would tell you as I am that after seeing Friday's price action coupled with the emergent DD on what Nick Link did with WSFT/QIND the honest and accurate interpretation of CGRA's "Buy or Sell" status entering Monday's trading into next week indicates a STRONG BUY, as the price direction and action of Friday was hugely positive and indicative of much more upside to come.
Disingenuous post. Intended to paint a false picture. The only way the MFI would have been green Friday is if the stock climbed up another 98 percent . Over and above 10 or 11 cents to overcome Thursday's massively overreactive panic sell.
Because of the specific method how Money Flow Indicator is calculated, which involves factoring in the day's closing share price in comparison to previous days' closing prices.
Friday was a hugely positive day for CGRA by any OBJECTIVE observer's eye test. Indicative of much more upside to come
As Mark Twain once said, there are three kinds of lies. Lies, damned lies; and statistics. The latter two are being promulgated by you here, with your money flow "stat" and "red alert." Credibility and motive, highly suspect.
# # #
"Money Flow is calculated by multiplying the period's Typical Price by the volume. If today's Typical Price is greater than yesterday's Typical Price, it is considered Positive Money Flow. If today's price is less, it is considered Negative Money Flow."
Disingenuous post. Intended to paint a false picture. The only way the MFI would have been green Friday is if the stock climbed up another 98 percent . Over and above 10 or 11 cents to overcome Thursday's massively overreactive panic sell.
Because of the specific method how Money Flow Indicator is calculated, which involves factoring in the day's closing share price in comparison to previous days' closing prices.
Friday was a hugely positive day for CGRA by any OBJECTIVE observer's eye test.
As Mark Twain once said, there are three kinds of lies. Lies, damned lies; and statistics. The latter two are being promulgated by you here, with your money flow "stat" and "red alert." Credibility and motive, highly suspect.
# # #
"Money Flow is calculated by multiplying the period's Typical Price by the volume. If today's Typical Price is greater than yesterday's Typical Price, it is considered Positive Money Flow. If today's price is less, it is considered Negative Money Flow."
I got some new respect for Nicholas Link after I looked closer at what he did with WSFT reverse merging it into QIND.
And being explicit about no ties between CGRA and ILUD.
QIND is an actual big revenue company reverse merger that was executed.
There's no logical reason to believe he can't and wont do it again.
You could super impose the first couple of months of this WSFT - QIND stock chart over CGRA and it is following the identical pattern... The giant dip down to .04 cents from upper teens, the bounce...
(That's us today)
Next for QIND came the optomistic crawl back to .10 and then... BOOM merger company reveal -- instant jump to .40 CENTS.
Enjoy your weekend.
https://twitter.com/tyrus603/status/1601259211186634753?t=W1P1lo01_NjspzzwZacA7g&s=19
Stated in an April 2019 CGRA press release this was and IS still true.
And it's about to come to fruition.
Know what you own.
"Oil and Gas: Powder River Resources / West Salt Creek is the Company’s primary energy asset.
A great deal of development work has gone into the West Salt Creek field, and it is primed for further drilling and development. The Company has been working several months on the acquisition of royalty production in conjunction with the refinance and development of West Salt Creek. Concurrently, the Company has received strong interest from parties desiring to purchase in whole or in part the West Sale Creek field and is working towards the best possible outcome for bondholders and shareholders alike."
(from)
https://www.globenewswire.com/en/news-release/2019/04/08/1799074/0/en/CGrowth-Capital-Inc-Breaks-Silence-as-iIt-Prepares-to-Enter-Lucrative-Emerging-Growth-Market-of-Legalized-Cannabinoids-CBD-and-CBG.html
Good point on the voting shares.
I should not have conflated the two. The new AS share total does make sense as a bookkeeping procedure to show the incoming company has majority ownership, instead of whoever of us are now holding the 450 million or so outstanding shares under the former AS structure.
FUDsters would luv to spin the AS update as a negative, rather than another positive indication and confirmation of the change of control happening, but their time window for tricking novices into selling appears to be shrinking fast.
Between CGRA's "wrapping up" tweet this morning and OTCM update tonight wouldn't surprise me if we got the change of control merger press release in the premarket hours tomorrow.
The increase in authorized shares is attention-getting, but the key point is that NO private co. was ever going to be able to merge in and claim to actually OWN the newly merged entity unless they could show on a balance sheet their company management actually controls a decisive majority of the company's shares. Which includes full voting control. To the tune of 67 to 75 percent more shares sounds exactly right. That point made, "Authorized" shares are not at all the same thing as "issued and outstanding."
Outstanding shares are what determine any company's market cap.
In sum, the Authorized shares update is a necessary bookkeeping step that's further proof that a "change of control" IS actually happening.
Spot on. This is how I see it as well.
The question to be answered is: what'd he sell for? The idea that he agreed to lower his share stash from 107M to 47M to "take one for the team" to get the deal completed is super intriguing to me.
Put yourself at the negotiating table...
The big oil co negotiators may play a little hardball at first...
OIL CO.: Bill you're a one man company. What are you going to do -- drill the oil yourself? Sell it to us cheap, retire, and get those annoying carping shareholders off your back, once and for all.
Bill: True, i cant drill it myself. But I need to get enough from this to retire on PLUS it's my duty to get a reasonable return for my shareholders.
Oil co.: Bill, your stock is trading at a penny a share right now. One cent. What's a fair per share price to you?
Bill: $1 a share?
Oil co: Bill we're not paying you $107 million plus the shareholders another $390 million for X number of barrels that we still have to bear all of the overhead to extract just to break even on that amount.
Bill: I need at least 20X to 25X for my investors from here.
Oil co.: If we give them and you
.25 a share we'll have to pay you alone $28M and.that's more than we're willing to spend for the land and mineral rights and ticker. Plus, a lot of those .25 cent common shares we might be able to buy on the open market for less than the buyout price, lowering our overall cost. So the real question here, Bill, is about you.
How much do YOU need to retire on? Realistically now.
Bill: $10 million.
Oil: OK now we're talking... so $10 million bucks divided by 107 million shares is .093 cents a share for everybody involved.
Bill: No that's not gonna work. I need more $ than that to do right by my shareholders. At least .25 a share.
I dont want to announce a reverse merger in March that takes six months to execute and meantime with the pending merger excitement the stock runs 40X so by the time the terms are finally announced some shareholders have been buying in above what i agreed to sell to you guys for? Not good.
Oil co.: OK. So how about this? We will say OK to .22 per share then.
But only IF you volunteer to reduce your own holding to 47 M shares. You know, you 'take one for the team'. And 47M X .22 = $10.3M. Then you get to shrug all your worries off, walk away richer and retired, the shareholders make a multiple of .20 and everyone's happy.
Bill: Except for Hal, you mean. But yeah. I'll shake on that.
(Note from the author: On Monday of this week, CGRA looked primed to run north of .20 to .25 a share, which, if key price elements of the above tale were proven true, could have meant the creation of shareholders buying in north of the per share buyout price Bill originally agreed to.
What a downer that would have been. So out comes the tweet about "further guidance."
Result, situation under control.
To me, that is brilliant ceo management of otherwise what could get a little "too wild" OTC momentum swings. And full disclosure yes i would have sold my stash to any of you pre-merger news reveal at .30 to .40 per share.
In the end, if the above scenario is true the ceo is doing a great service to all of his shareholders because everyone who bought below .20 and HELD and kept the faith will make $. )
# # #
"Bill doesn’t have to mess with getting the oil out of the ground but gets to retire off a crap ton of cash and well we benefit because we are holding shares ..."
Are you referring to this?
Crockpots make the best meals. Guess wot, we own the land AND da’ leases. #oops $CGRA pic.twitter.com/kdfNXDNRIC
— ReadyTaxRelief (@ReadyTaxRelief) December 5, 2022
Wide awake Hal
Billion dollars "bull chit lies?"
Not a billion dollars Pe pe. 1.5 to 1.9 billion GALLONS of oil in the ground in Powder River, according to the geologists quoted in that requested link I sent you.
Not all of that oil is drillable but it'd be kinda cool to own it, no?
Let's factor it all together, all that oil including the non-drillable oil barrels and make an offer... a buck a barrel?
How much $ would that be?
Sure here's a good one.
https://www.wyomingnews.com/laramieboomerang/news/big-oil-discovery-can-t-all-be-drilled/article_0206cc36-018a-5eb3-a302-77dfe9a3680b.html
I can also provide a link to a map of "Natrona" and "Converse" counties in Wyoming, if desired.
And their proximity to CGrowth's West Salt Creek Oil Field.
Which is located in... oh my goodness will you look at that?
West Salt Creek spans Natrona and Converse. Big coincidence there.
Isn't that where they make baseball gloves and sneakers?
Oh wait, it's Nokona i was thinking of.
Just the sneakers then. My favorites though. Larry Bird wore Converse, as i recall.
As I've said HB id prefer you be more right on that score than me. I've got my tickets to The Show which will either be great, or THE greatest Show I've ever experienced in my lifetime, as you state.
In my CGRA research, i stumbled on a piece of pricing information that you see reflected in my posts. And that's all i can share on that.
Well put. And if the Competent Persons Report showed a fair buyout price of CGRA's assets is actually closer to $1 Billion, say, than my guess of $100M
then CGRA rockets toward $2 instead of 25 cents. And Meet Me in the Middle of that works nicely too!
Never once said dollars. You can check all of my posts. My guess remains the same, and though conservative I also believe it quite realistic that Bill Wright agreed to take .20 to .25 cents a share for his 47 million shares. And our share value will be around the same. If I'm wrong to the upside? BEAUTIFUL
But as someone who bought all in @ .018 and
.0223 every two cent increase is
pe pe perfectly ok by me!
And if you dont think a three or four day +75% return on investment is exciting enough to jump into here, wonder how those OTC whales with a couple hundred thousand trading dollars laying around will view these 11 cent shares that are obviously headed to .20+ on an otherwise dull December market day in the OTC?
The pacing and upbeat nature of @CGRAOTC's tweets indicate, to me, a likely "wrapping up" of the banking and legal by Friday of this week or Monday, latest.
It shows how ridiculous it was to have castigated CGRA and the ceo and sold off shares because he became TOO communicative about his annnoyance at the slowness of the bankers and the "sign here, initial here," legal document doers that were no doubt coming at them for all the merger minutiae.
CGRA is about to become a -- 20 cent, .24 cent you pick a price -- insta-double commodity
This share buy level is just Christmas gifts for everyone.
To be clear G, you are viewing this stock based strictly as a chart, using your charting experience?
The past indicates critics of investing in CGRA and its director and the critics' assessment of the value of CGRA's assets to a potential buyer have been (.006 - .16 ps) 2,600 percent incorrect.
Smart money expects that track record to continue.
This is going to take another run at .16
TODAY
Volume still way up this morning... Makes one think that deeper pockets have GOT to be involved in this trading, acquiring more and more shares below the buyout price.
Bingo
You mean the guy who called me "a fanboy of an OTC scam" and a "mow Ron" for not selling at 2 and a half cents?
It is a very real possibility that the deep pocketed buyer of CGRA from Bill Wright is purchasing as many shares -- no make that "snatching up as many shares as possible" -- on the open market as they can below what they paid Wright for his. Because that represents less than what they will have to pay longer holders once the deal's share price terms are announced.
It is a very real possibility that the deep pocketed buyer of CGRA from Bill Wright is purchasing shares -- no make that "snatching up as many shares as possible" -- on the open market as they can below what they paid Wright for his. Because that represents less than what they will have to pay longer holders once the deal's share price terms are announced.
Sheeeeeeesh!
Seems at least a couple of Incompetent Persons were Reporting in daily on this board for a decade.
Wow for 10 years someone kept saying this co. was "chit."
Well, as once ocurred to me.while looking around a Kate Spade store with my wife, this "chit" is (getting) really expensive.
The market cap's at around $30M right now.
Not a lot in 2023 dollars.
You think the ceo agreed to lower his share holdings from 107M to 46M so he could sell em for 7 cents each at a market cap of $30M?
OK, you do you.
Meanwhile the final SPA has been executed and smart people know this is headed toward an $80 to $100 MC or higher from this level.
They cited OTC Markets 10/31 figures on CGRA.
If you look at it now you can still see what they referenced. It was actually a 900 percent INCREASE in short interest between Oct 14 and October 28, going from about 24K shares to 259K in that two-week period.
Then as of 11/15, OTCM shows CGRA's "short interest" changed by minus 27 percent down to 187K shares.
So much ado about nothin there.
10/31/2022. 258,999986.047,446,609
Never once tried to.
But i assume there are those who can or may know how to operate outside the rules of any game.
Do we really know whether market makers can short or not? Ive read yes and no on that.
George Sharp has said the whole "MM manipulation" theory is total baloney.
I like the CGRA stock and its upward prospects from here and it never had anything to do with a short squeeze angle.
No offense taken at all. The whole "short squeeze" angle in an OTC stock mystifies me because I read starkly conflicting opinions about whether one can or cannot short these type stocks all the time.
Just reporting a summation of what the (quite lengthy) CGRA dd video offers.
It says Omega Minerals is likely the merger co., according to some very in depth dd analysis which they detailed step by step, and they guesstimated that CGRA shares could touch a dollar or more from this takeover, in part due to 900 percent short interest.
It's way beyond my hoped for highs going by my own research so of course I hope the video hosts are right and I'm wrong on that score.
Bottom line: HUGELY Bullish situation.