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This stock is very good entertainment, it had a couple of days in the sun and got on everyone's radar, but just like Icarus it flew way too high got to close to the heat and crashed and burnt. Now its churns in a range $4-$6 and is being driven by non stop drivel and speculation, a soon as it moves up a bit its back down to earth shortly after as the meat and bones of this company are in very bad shape truth be told, eventually the numbers/momo will drift from this stock and it will continue its already 8 year journey to eventual bankruptcy with i am sure a few more reverse splits/offerings along the way. It is fun to read the posts though, so many excited people today and the stock is actually down over 5% today.
GLTA
Market Cap is higher than $5 million, many more shares out there than the 1.1 million listed.Sure you can flip this if your timing is right, getting harder right now though as the spikes are getting smaller and less frequent. It will turn in the short term at least i feel as well but it looks like its going lower still first. GLTU
Not saying its going to go bankrupt tomorrow , they will continue to reverse split, borrow and issue more shares then repeat ad nauseam no doubt , just as long as suckers buy in . My point was this is a turd of a company that has no floor, as it will just reverse again when needs must. Its a penny play trying to stay listed on the big boards. Fun to watch the comments on the way back down, bottom has been called several times and has proved to be a little off.
GLTU
Floor is $0/bankruptcy eventually. This company has been a turd for a long long time and exists purely on borrowing/ issuing new shares and hooking in new blood to buy their shares before another reverse split further down the line. The freak trading of 2 weeks ago was exactly that, machines/algorithms ran wild for a while and then reality set in. Sure some made good coin but plenty holding again having been suckered by the freak trading
Fact is reverse stock splits are a huge red flag and this company is specializing in them. Shares in 2008 prior to all the subsequent splits/borrowing would have a value of in the $100k + range each, now look where they are. Obviously their business model is flawed, how its not ceased trading i will never know,the chairman is obviously very shrewd/ devious/shameless.
Seriously
How will they make it to 2021, based on past performance that seems optimistic unless they actually make real progress with the product and financing .Which if they do the PPS will rise rapidly and your waiting on the sidelines will be redundant.
a Modicum of DD says yes it is
https://www.linkedin.com/in/brent-africa-2b793a51
Why so bitter? cannot be right every day, just take the day off and perhaps you can get back trolling tomorrow. Jeeze this has been battered for months and you cannot even give it up for a day. This may be a long term turd but let the long suffering enjoy their day in the sun.
Here IS Proof to refute your proof, the OTC markets page is carrying different numbers from that page so which one is it? Just goes to shows you how crap the pennies are.
http://www.otcmarkets.com/stock/DNRG/chart click on data tab
Also if your numbers are correct then the Major Dilution claimed is hardly taking place based on the volumes for October, sure there was some big dilution to drive the price to where we are right now but the price has now remained in this band for a month indicating the major dilution has finished.
DNRG is a turd its performance over the last year has shown this to be true but @.0013 its really funny to see the constant attacks like it was priced much much higher, the fraction flippers appear to be holding this in the band as they are happy to make a couple hundred $ and unless any substantial news comes out there are not enough buyers out there to move it upwards just treading water.
JMHO
IF DNRG were the finished article then they would not be on the pennies, along with the other 9,634 Securities on the OTC, most of which rely on some form of toxic lending to exist and most of which will end up in the trash. If you trade in the toilet of the OTC you will find plenty of turds. What makes me laugh is the way DNRG is portrayed as the only shitty stock out there. If you trade in pennies you had better have your wits about you plain and simple, that applies to all OTC stocks
GLTU
You avoided my point, anyone who trades pennies is aware of John Fife my point was do not call out someone for posting old information when you have done exactly the same thing.
DNRG is a turd, it has been for some time, but its PPS reflects this, hard to take the attacks/pumps seriously when it trades @ .0013, that alone tells you all you need to know, its a punt right now nothing more nothing less. No one has to roll the dice on this one, the amount of vitriol around DNRG is OTT IMHO.
Every stock has winners and losers its that simple
Oh i don,t know Enron, Bernie Madoff, Martin Shkrelli,world com to name a few spring to mind.
http://content.time.com/time/specials/packages/article/0,28804,1903155_1903156_1903277,00.html
stick to facts,
as crappy as they are they are not 241%
237,304,383 shares of common stock outstanding as of May 31, 2016.
as of September 26, 2016, there were issued and outstanding 571,712,884
that is 141% increase NOT 241%. 100% of 237 is 237 41% of 237 = 97 237 original sum+237 +91=571
Just saying
Mponeng Holdings t/a Pharox Lumens Africa
Contact details lifted from document link
Pharox*Lumens*Africa LED*lighting*solutions Reginald*Tshikota info@pharoxlumens.com 011*655*7301 072*225*4333 086*684*3818 43*Montrose*street,*Birchwood*Court*Office*Park,*Midrand
http://www.eskom.co.za/sites/idm/Documents/Perfcon_Contact_database_16_Jan2012.pdf
Eskom big in alternative/sustainable energy in South Africa
http://www.eskom.co.za/Pages/Landing.aspx
Now if only they could produce that working model and secure that grant money things might just get interesting around here
Read the 8k properly
Mponeng Holdings t/a Pharox Lumens Africa
Pharox has a website
http://www.pharox.co.za/
Pharox Lumens Africa listed as
IMPORTING,DISTRIBUTING EC-FRIENDLY TECHNOLOGIES AND LIGHTING
Obviously selling /marketing/distributing the Pharox range of LED lightning in South Africa
Pharox LED bulbs sell worldwide
Obviously was sold earlier in day and MM kept it back, usual manipulation of market.
https://incrediblepennystocks.wordpress.com/tag/form-t-trade/
I guess all the market makers work for one person and he can buy and sell DNRG at will getting in front of other orders on bid or ask LOL.
http://lance-intl.com/Documents/Net-Zero%20Investment%20Turnkey%20LED%20Program.pdf
Seems Graecrest are providing services for Net Zero investment program.
it would appear the funds are only provided on the closing of the contracts
Perhaps it will , DNRG management have proven their performance is pitiful over the last year. But pointing it out 50 times a day is tiring, Stevie Wonder can see the PPS collapse its no secret. This thread has nothing to offer right now only extreme negative/positive
My point is whether its negative or positive when the same thing gets repeated multiple times daily it is nothing but spam.
Only a madmen would say DNRG is a good thing, its a very very risky punt, the PPS reflects this.
taking a break, far too boring/dumb right now
Its on the CDNL sec filings on the website
As of September 26, 2016, there were issued and outstanding 571,712,884
Indicate the number of shares outstanding of each of the registrant's classes of common stock, as of the latest practicable date: 237,304,383 shares of common stock outstanding as of May 31, 2016.
I make that 5 months not 60 days not saying its a good thing , but way too negative here. Who knows how much is actually left to dilute. Its all speculation at this point, volumes have not been that high recently unless every sale is dilution.
WTF, how did you draw that conclusion, nobody sold hundreds of millions of shares during the big rise. It was diluted down and has since recovered. most of the dilution , as is usual occurred subpenny and the outstanding notes were listed if you did your DD .
I never once said his ownership gave credibility, i suggest you read the post again. Exactly where did i mention KJ ownership? Stop trying to warp my post in something it was not
you need to read this, it will enlighten you
http://ih.advfn.com/p.php?pid=nmona&article=72556957
Your quote
basic maths seem a little off
Your a bit off the pace LOL, i foretold this yesterday, same applies
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125188584
Exactly very small beer in the grand scheme
Not quite sure what the problem is here
To all CDNL investors we have a update
Latest CDNL update, we have received information from our trusted source
It appears KJ CDNL CEO is not actually in Cameroon as he claimed but is actually in an underground bunker in Dallas TX plotting the latest twist in this sordid saga with none other than John Owens/Chinese investors/Large accountancy firm. My source is beyond reproach so it looks pretty serious for CDNL and KJ, as the FBI/CIA/SEC/ Homeland security/NSA/NCIS are all said to be closing in to put an end to this nasty business of selling water filtration.
We think CDNL is just a vehicle for John Owens to sell some mining securities and KJ has just tried for the last 10 years to build up his company to assist this, Malonebailey the international accountancy firm are in on it as well. The Chinese also want a piece of the mining action that is why they want in. Its all 100% honest you can trust us
Market makers do not have to honor a price and can adjust as they see fit based on supply and demand