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RRainman,
just wondering if you bought the OL shares directly or if you're holding the DTNOF listing. Seems to be no volume on the latter for sometime now....makes me wonder how one would get out when the selling time comes, especially with regards to the sometimes ridiculous MM exchange rates.
That's because there isn't a lot to say here. We've seen this particular version of a PR 1/2 dozen times this year. It means, in market terms, nothing. It holds promise, but the market's response to promise is seen in the PPS close today. What will make the PPS pop and stay popping is:
1. A PR which indicates revenue
2. A PR where a major Europeon/USA medical player endorses the promise of the technology.
Til then we drift.
Sorry MADdog. Like most other posters all I could offer is heresay and Pinkie innuendo so I'll refrain. Between now and the finished audit/WTO announcement, what is there to support this stock?
I missed a fill at .40 2 weeks ago. I think I'll hold onto my dry powder and see what happens. With no audited 411, an investor has to rely more on the integrity and track record of the individuals running the company. The suspect news of a few posts ago, about the name change, lawsuit, etc, has me less than eager to invest blindly.
GLTY
I emailed the company to inquire about the CO-2 separator- specifically if it's up and running anywhere in the world. No response as of Thursday so I emailed them again with the same question.
How have other board members found communication with the company? Do they answer your emails quickly?
Thanks
Well I emailed the company with a basic question: At the present time, is the CO-2 separator actually functioning on a near-commercial basis anywhere in the world and converting landfill gas into purified, saleable product?
Hopefully I hear back soon, at which time I'll post up my findings.
And more importantly, with the Chastang Landfill project delayed beyond what seems like a reasonable time allotment for installation of a pipeline, does anyone know and have a link to CTUM's CO2 technology actually up and working in the Ukraine or anywhere else in the world? TIA
Have you had a chance to check out Providential's filings and website? It's worth a closer look now that there's an official partnership between the 2 companies. I had some trouble opening various links to "Subsidiary Companies" and so forth....can't say I'm overly impressed by the website...maybe because the site's trying so hard to make an impression: there's the O&G connection, the telecom connection, the Bio connection. It seems like an awful lot of irons in the fire for a .018 cent stock.
I'd be curious to know if any of these subsidiary companies actually produce revenue or earnings or if they're all fluff.
And while the 30% number announced in the press release is impressive, where will Providential get 30% of, say, the start up costs for a huge mine or hydro project? Have a look at their latest 10QSB, (unaudited) http://www.hoovers.com/free/co/secdoc.xhtml?ID=118644&ipage=4438351-4657-40600
Greetings longs,
Not a buyer yet- my attempt to land some shares at .40 last week went amiss, but still following the board and the company. Here's a tidbit from Providential Holdings Inc to digest. Funny CVCP didn't cross list the news, especially as the BODs between the 2 companies shares a few names. GLTA
http://biz.yahoo.com/e/061002/prvh.ob8-k.html
At least (and at last) an honest assessment of the company and Sam's performance to date. Maybe it'll start to move now that the pump has finally gotten rusty! (no oil left I guess)
I'm here for the long haul but I doubt we'll be seeing much PPS action to the upside until some real news hits the wire. Either a pipeline, a partenership for a trial or the IPO for LTC can move the shares upwards now. The PRs extolling the success of LTC in Ukranian procedures won't do 1/2 as much as the PR announcing Cornell is no longer a monkey on our back.
I think I recall a CEO interview in March of last year when Don layed out what shareholders should expect from the Co in the next year-18 months: pipeline up and running, new dumps signed on....maybe some LTC development, but at that time he was more focused on gas sales. Hopefully sooner rather than later as the trend/drift will most likely be downward until the PRs contain 411 that's meaningful to revenue flow.
Looks like someone bit off a chunk at the ask. Some real funky action lately. I checked for insdier activity- nothing to speak of at all. Let's hope there's some positive news soon.
Good luck. You waited three days longer than I could. In the end I had to ask myself if 2 producing wells outweighed all the bogus claims, promises, delays and dilution. Oh well, it was always a Pinkie longshot at best. I hope you faithful longs get your due.
Speaking of the CO2 seperator technology, any news on that front? All the focus has been on LTC and its potential. Meanwhile, we await word of a pipeline. I for one would like some reassurance from the company that this extended delay in bringing gas to market has NOTHING to do with the technology as it currently stands. Lowman, if you should speak to Don in the near term, can you ask him about the pipeline prgress? I'll email the Co and report back to the board if I hear a reply.
I'm long and holding here. GLTA
I'm not so sure it's a slam dunk going into the audited financials. I'm also not too crazy about the fact that the man who made most of the huge pronouncements, such as the "greatest short term return" line no longer has his job with the company, and that he was dumped as CEO just prior to the financials being released.
still trying to DD the insider shares, ie restrictions on selling, who owns how many, etc. Any information on this topic would be greatly appreciated.
Are you for real? They'll be lucky to release results from 5 wells this year. But when you're a Pinkie, you can say anything you want.
The issue here is that while BIGN has come no where near delivering on the goods that they themselves promised, they have popped and sputtered along (especially with Grimes) just enough to stay interesting and ignite big dreams in investors' eyes. Like so may Pinkies, it's a company that's not short on promise; the question is do you believe it or not?
Thanks for the link.
Is there anyone else concerned with the fact that Cavico has retained auditors with a website that looks like this:
http://www.jaspershall.com/
Can anyone tell me how many companies these guys have audited that now trade on the Naz or NYSE?
Sheesh, most auditors of companies with 500 million in back orders have websites that aren't "coming soon"
Question for the board.
I see the tight float at 8 million. Does anyone know who holds the rest of the shares and what the terms of their holding are? Is this a partially owned state company? How many insiders hold how many shares and what are the restrictions on the selling of those shares?
TIA
Greetings all,
I'll fire the first shots since I'm in Sydney and the time difference suits my posting here:
Maddog, I can't agree more with your assessment: the Pinks are loaded with companies that have huge revenue and earnings, explosive future potential and 2-3 t's to cross before they get listed on the big board. I've lost plenty of coin believing their BS PR's!!! That said, investing in the pinks is a no-guarantee balencing act between the two opposite poles of 1. Scam and 2. early buy in opportunity.
I still invest in the pinks because I have nailed a few 15 baggers and profits like that offset a lot of 35% losses in other positions. In this case, I'm leaning toward the legitimacy of the company. I'm also waiting on the sidelines until the PPS dips lower because I really don't believe that the auditing will be done as soon as some members of this board suggest. Consequently, there will be delays IMO, which happens to all companies. Unfortunately for the Pinkies, delays are a bit less palatable than for listed companies. Factor in the lack of solid 411 and the unknown variable of doing biz in Vietnam (as well as the recent selling) and the picture is anything but clear.
FWIW, I want to believe the photos and the PR's as much as the next guy, but I'm willing to wait and see if the company can actually execute what they claimed in the time frame they themselves established.
Good luck longs. I hope all your optimism is justified.
I know Lowman was pumping CTUM here a while back, but I've done very well on this one and expect big PPS rises as their tissue bonding patent gains traction in the USA medical community. The results of the procedures keep suggesting that the company is the real deal.
Insider buying (save one determined and deliberate seller) and the fact that one of the co's big players worked in the US patent office for years set this company apart from your typical BB stock.
A share offering to buy off the devil- Cornell, should remove any lasting vetsiges of doubt about the co's financial integrity.
Some picks you hope will double or quadruple. This is a personal 14 bagger that is still my strongest pick for a 10 bagger based on its current PPS.
Biogenerics Limited Announces 2nd Grimes Well is Online
TYLER, Texas, May 8, 2006 (PRIMEZONE via COMTEX) -- Biogenerics, Limited (Pink Sheets:BIGN) is pleased to announce that Ophelia 1 is the second of four gas wells to go online from its Grimes property in California. After its initial serge, production reports indicate that, after three weeks in operation, current flow rates for Ophelia 1 have stabilized at 1,450 mcfd.
Ophelia 1's initial yields represent a significant success for Biogenerics and their strategic alliance partner, Hydroslotter Corporation, in returning the Grimes region productive prominence. Numerous wells in the Grimes region were shut in nearly two decades ago with production from Ophelia 1 ceasing in 1989.
Biogenerics Limited is also pleased to announce that Mr. James Lancaster of Tyler, Texas has joined the board as Director and CEO. Mr. Lancaster brings 30 years of experience in various business ventures, primarily oil and gas.
"I have always been excited at the potentials of the Hydroslotting technology," stated the newly appointed CEO of Biogenerics Limited, "However, without the rigorous effort put forth by our excellent staff of professionals, it would have been extremely difficult to get Ophelia 1 online in such a stringent timeframe. On an additional note, we are also looking forward to getting the two remaining wells in the Grimes gathering system online in the very near future."
About Biogenerics Limited:
Biogenerics is a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves. Biogenerics has oil and gas assets acquired from Rubicon Petroleum. The company also has joint venture activities with Tyche Energy and Hydroslotter Corporation
About Hydroslotter Corporation:
Hydroslotter Corporation's proprietary technology deemed "hydroslotting", increases oil and gas production and extends commercial productivity of oil and gas by 300% to 600%. Hydroslotter's technology is cost effective and for the inexpensive cost of the actual re-work on potential shut-in wells, the return on investment is high.
Website: http://www.bignltd.com
BIGN makes good on new hydroslotter technology to re-work old NG shut-ins. Well 2 in a 4 hole project comes up big and the company announces a new CEO. Should pop nicely in the AM and stay popped!
A very well worded PR. I wish I shared the optimism of the board, but from I read, all past deals are dead and STRAT has bought some sludge reserves. As I read it, they have no way to process this sludge yet and are looking to raise the needed money:
"The joint venture is in negotiations with several of entities to establish a new joint venture for investment in processing equipment and should complete the agreements and financing within several weeks."
Even if they can hit their target of "several weeks" to procure money for the "processing equipment," it will certainly be quite a while longer until they actually have the operation up and running and generating income.
I hope for the sake of the PPS, those posters who have made claims of revenue, $1.00 share price, etc are even slightly correct.
I guess we'll see how the market responds soon enough, but after years of potential blockbuster deals which haven't come to fruition, I'm not nearly as hopeful.
GLTA
That's absolutely right. As evidenced by the lack of PPS upward movement after the past few PRs, real cash income is possibly the only thing that will move the stock past .50. My truck is filled with shares bought at .041 so I can afford to wait.
As much as I enjoy the PRs regarding the success of the tissue welding procedure, I'd almost prefer the company to release fewer of the 411 PRs and hold off until the big $$ news we're all waiting for: flow rates from Chastang or a JV with a big pharmaceutical co. Then we'll be seeing multi-million share trading days and these current .05-.10 cent moves will be a distant memory.
OT: I am looking for a current and regularly updated site/link to Chinese companies that trade on the Pinks and OTC, ala SUWN, CHID, ETLT. Any help with this info would be most appreciated.
Thanks and GLTA
I increased holdings in MGNU after the recent sell-off. Good relations with the local Chinese officials as shown by their news about a large stake in a titanium mine to go with the huge gold lode they've been doing the exploratory on.
Also took out a small stake in Mundoro mining- massive reserves in China, 8.8 million ounces, with a large % going to Mundoro in their JV arrangement. They're still wrangling for the permits with the local Chinese officials which is why the PPS is so low. Recent comments and activity by the company suggest they believe the permitting process to be a formality. If they're right, it's a quick ride to double digits.
Can anyone suggest a link/site which has current and regularly updated listings of Chinese companies available for purchase on the OTC exchange? TIA and GLTA
Check the chart on MGNU. Canadian gold player with a JV in China. Licenses in place, drill core 411 showing massive reserves. It's been on a quiet, steady climb.
And if you're in a gambling way, have a look at Mundoro Resources. Ticker MUN. Another Canuck with a JV in China.
They're waiting for their permits, which in China is both a modus operandi and a calculated gamble. But the players who have jumped on board, both financially and on the corporate level EVEN AS THE PERMITS ARE NOT YET GRANTED, certainly support the company's confidence that it's just a matter of time before the papers get approved.
That's where my $$ is. Because at $2C < >, 8.8 million ounces in the ground is gonna' look really attractive when the permits are signed.