I love it when things work out!
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By my math, that means that at most there can be approximately 313,000 shares in the public float.
Wondering about this as well.
However, current market cap is about 1/2 the the amount of financing used to complete recent acquisition. The recent placement was for $1.9 Million. @ 2 cents per share cap is $978k.
I don't remember the exact number, but with the acquisition completed last Fall... Something like 121 acres were included. All by itself that could give us $500K-$1 Million on book value.
If businesses acquired are accreditive ... you'd think there was some fairly substantial value to be reflective.
I think the real question or anticipated event we're waiting for are current filings.
Until then it's sort of a hope and a prayer.
Tchauncy...
Do you have any thoughts you'd be willing to share?
Looks like it. Here is a link to the Public Relations Contract mentioned in 8-K.
https://www.sec.gov/Archives/edgar/data/1382231/000151116419000036/exhibit10_1.htm
I agree. There are a number of folks taking a short term approach to FTMR and the way the stock is trading. If Fortem continues to languish and eventually fail, they will have made the right call.
HOWEVER, apparently the COMPANY is taking a different perspective. While $5K isn't nothing... it's not a huge sum.
If Paradox delivers and is able to put more eyes on the company, I'm all for it. To me, the bigger part of the story will be having some news to put out. Said another way I why hire a PR company if you're not going to be putting news out? Additionally, maybe these guys will actually use a newswire that that will show up in people's news feeds. That would be nice.
The intriguing kicker for me are the 300K stock options at $3.05 pretty share. My guess is these options would be restricted for 6 months and proves the company with $900K of operating capital. Not seeing the down side.
In fact, the only way to makes sense and $$ for Paradox is if FTMR trades higher and stays higher... BOTH of which I would be in favor of. ;)
NEWS RELEASE Last Friday...
Fortem Resources Inc. Announces Investor Relations Agreement with Paradox Public Relations Inc.
Press Release | 03/14/2019
https://finance.yahoo.com/news/fortem-resources-inc-announces-investor-232500747.html
CALGARY, AB / ACCESSWIRE / March 14, 2019 / Fortem Resources Inc. (TSXV: FTM; OTCQB: FTMR) (the ''Company'' or ''Fortem'') announces that it has retained Paradox Public Relations Inc. (''Paradox'') to provide investor relations services to the Company....
COST: $5000 for the first two months then $500 per month after.
PLUS: "The Company will also grant Paradox stock options to acquire 300,000 common shares of the Company at an exercise price of CDN$3.05 per share exercisable for a period of twenty-four months. The stock options vest quarterly over a period of 12 months."
"The agreement with Paradox and the consideration payable thereunder are subject to approval by the TSX Venture Exchange."
Upgraded platform is working just fine. I bought $500 worth of Ripple at 30 something cents the other day.
Glad Stellar Lumens will be coming on board next.
NEWS... Monster in the making.
American Resources Corporation Delivers Second Continuous Miner to its Carnegie 1 Metallurgical Coal Mine
https://finance.yahoo.com/news/american-resources-corporation-delivers-second-123500093.html
"FISHERS, IN / ACCESSWIRE / March 14, 2019 / American Resources Corporation (NASDAQ: AREC), a supplier of raw materials to the rapidly growing global infrastructure marketplace, with a primary focus on the extraction, processing, transportation and selling of metallurgical coal to the steel industry, announced that the second continuous miner is being picked up today with a goal of installing proximity detection safety technology over the next two weeks and commencing production in early April at the Carnegie 1 mine located in Pike County, Kentucky. The Carnegie 1 mine is the first in a series of underground metallurgical coal mines American Resources is bringing into production within a large contiguous boundary of High Vol A/B metallurgical coal in the Lower Alma coal seam...."
Yes Sir.
I expect one of these there days the tide will turn and the "motivated sellers" will either end up buying back their shares at higher prices or live with the regret of what could have been.
From what I can tell the company remains committed and optimistic about their future. I still expecting that one of these days we'll hear about a major or done more interim funding and/or perhaps being approved for listing on the NASDAQ Capital Market.
While not everything has happened as fast as I would have liked, the prospects remain the same. Lenders and Venture Capitalists promise the world and then procrastinate and delay to force their prospective companies to accept less than ideal terms. If that was what happened, I agree with the company... Keep looking.
And for any who are interested, I'll be hanging around and buying more shares when I can.
Still intrigued by this company and its shares.
Best information regarding the longevity and future is the company is available here...
http://www.gcfb.com/investors
I haven't read the current quarterly reports, but from my recollection is that in recent quarters, they've been making some progress.
Classified Ad: Buyers looking for shares!!!
Can someone please help them out and sell them sooner if you're shares!!
If your don't they will have to pay more!!
Why settle for quarters when you will likely be able to get dollars??
Well, I've been and continue to be a buyer at current levels.
I wish I had known how the stock was going to trade... and I would have done things a bit different. I remember seeing a bid for 7000 shares at $3.60. I almost pulled the trigger but hesitated.
In retrospect, it would have been a great sell and I could have almost doubled those shares.
Do things generally take longer than we hope? Sure. Seems always to be the case.
I'm expecting we'll hear about uplisting to the NASDAQ Cap. Market, and then hopefully before long the financing that will enable us to executes our business plan.
Will it be this week? Next Week? A month from now? Who knows?
Will it be worth it? Time will tell. But I think jumping off the train at this point is not wise.
There's been no dilution of which to speak. Management had too much invested to do that. The last financing was $1 million at $2 per share.
At current levels we're basically able to participate in what I think will become a world class company at venture capital levels.
NEWS 3-4-2019 American Resources Corporation Expands Access Energy Mine
https://finance.yahoo.com/news/american-resources-corporation-expands-access-130000434.html
FISHERS, INDIANA / ACCESSWIRE / March 4, 2019 / American Resources Corporation (NASDAQ: AREC), a supplier of raw materials to the rapidly growing global infrastructure marketplace, with a primary focus on the extraction, processing, transportation and selling of metallurgical coal to the steel industry, is pleased to announce that it has made the capital investments to further expand the production at its already producing Access Energy mine. The Access Energy mine is an underground mine at the Deane Mining LLC complex targeting the pulverized coal injection (PCI) market place from the Elkhorn 3 coal seam located in Letcher County, Kentucky. American Resources commenced production at the mine in September of 2017 and has continually realized enhanced execution by its team at the mine....
Quint...
Thought whole series was on here. Here's a couple sermons on Isaiah 55:
https://www.sermonaudio.com/search.asp?seriesOnly=true&currSection=sermonstopic&sourceid=omahareformed&keyword=Isaiah+55&keyworddesc=Isaiah+55
AREC trades 61,700 shares and closes at $4.55 UP$.27 6.31%
Traded as high at $4.70.
Closing Bbid $4.50 Ask $4.70
THOUGHTS ABOUT THE Amended S/1 A that Was released after the close yesterday.
https://ih.advfn.com/stock-market/USOTC/spyr-inc-SPYR/stock-news/79362700/securities-registration-statement-s-1-a
I just finished skimming it and while it changes the pricing of the offered/selling shares, it seems to have left the underlying warrant exercise prices in place.
If you look at my posts over the years on this board, I've fluctuated for optimistic to frustrated... to discouraged.
A number of times, I've thought... finally, here we go...
* Volume and price spikes.
* Development of Crypto Payment System
* The announcement of the accreditive acquisition
* Random burst of buying a month or so ago bringing the price per share over 30 cents per share.
* The release of new Game Tap Together
PLUS, the continued functioning and filings of the company. The company remains fully reporting. Why? Why spend that kind of money?
Today's filing of the Amended S/1a is another example. Why?
As I've proffered before, none of it makes sense if the company simply plans to fold, unlist or go bankrupt. Why would they do all this?
PLUS, I didn't recall seeing it in the S/1 but in some of the earlier filings, I've noticed that those providing operating capital have all been doing so at NON-TOXIC levels. A bunch of the debt is convertible, but at 20, and 35 and 50 cents per share. Who would do that? And Why?
I am seriously underwater in this stock. Over the last year, I have moved funds in and out of my position, but continue to hold a substantial position. Could I have traded it smarter? Absolutely. Has my average cost come down with the share price? Sure.
One more point... so far as I can tell... no one has really had much of an opportunity to make a significant amount of money off this company. I know some have voiced concern over shares being issued to consultants and contractors, well, that's how it works. When you don't have the liquidity of cash, you issue the currency you have... shares. It looks to me that the company has paid for the acquired games and the development of their new games Tap Together. This is how they've paid the consultants and sub-contractors to do the work.
Quint... I think we'll see a move to higher ground sooner than later.
I was chatting with a friend earlier and wondered if Maxum could be feeding their over-allotment into the market. That seemed like a fairly plausible explanation of why we've been hanging out at $4 per share. With the volume we've seen over the last week, if they had 150K shares to feed into the market, they could very well be coming to an end.
I liked the volume and size buys we saw in the last hour today. We could very well be poised for a move up. :)
Like all good theories... how the stock trades in the days ahead will be the test.
THE MATH OF TODAY'S PRESS RELEASE:
The monthly revenue grew substantially through the end of 2018. By the end of August AREC had generated $19,839,633. My expectations are that by the end of 2018 their revenue would be between $45 and $50 Million for the year... or monthly revenue ramping up to roughly $5 Million plus for the last months of the year.
On January 3 a Sales Agreement was signed by the company on January 3... and if my numbers are correct they, taken with the growing revenue of the other mines, means we are expecting to generate around $200 Million in Revenue in 2019. (see post: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145861604)
The Revenue from the Carnegie 1 mine, I believe will be in addition that already announced.
Phase 1 (March/April): 14,000 to 20,000 clean tons per month.
2 mo x 1.36 Million to $1.94 Million Total: $2.72 to 3.88 Million
Phase 2 (May/June): 18,000 to 22,000 clean tons per month.
2 mo x $1.75 Million to $2.13 Million Total: $3.5 to $4.26 Million
Phase 3 (June - Aug [through Dec] 32,000 to 42,000 clean tons per month.
7 mo x $3.1 Million to $4.07 Million Total: $21.7 to $28.5
Million
So... adding these totals to the Expected $194 Million already expected, we come to the following range of expected revenue for 2019:
Prior 2019 Estimate: $194,000,000
PLUS Range: $27,920,000 to $36,658,000
New 2019 Estimate: $221,920,000 to $230,658,000
NEWS! 2-26-2019 American Resources Corporation Provides Update on Carnegie Mine's Metallurgical Coal Production Expansion Plan
"FISHERS, IN / ACCESSWIRE / February 26, 2019 / American Resources Corporation (NASDAQ: AREC), a supplier of raw materials to the rapidly growing global infrastructure marketplace, with a primary focus on the extraction, processing, transportation and selling of metallurgical coal to the steel industry, is pleased to provide an update on the planned expansion of their Carnegie 1 metallurgical coal mine. The Carnegie 1 mine, an underground mine, located in Pike County, Kentucky and within the Lower Alma coal seam, produces High Vol A/B metallurgical coal."
ANTICIPATED PRODUCTION:
"Phase 1 (March / April): Production will be expanded to operate a walking super section (utilizing two continuous miners) during two production shifts with an additional supportive maintenance shift. Initial production range is expected to be approximately 14,000 to 20,000 clean tons per month.
"Phase 2 (May / June): Production will be expanded from a walking super section to a full super section. Production range is expected to be approximately 18,000 to 22,000 clean tons per month.
"Phase 3 (June - Aug): Production will again be expanded to operate two separate sections; one being a full super section and the other a walking super section, with two production shifts and one maintenance shift. Initial production range is expected to be approximately 32,000 to 42,000 clean tons per month."
EXCITING KICKER ON EXTRA PRODUCTION!!
"'The demand for our coal is robust and we have already sold all of the tonnage that is expected to be produced from the Carnegie 1 mine to our existing customer base. The series of mines we have within this permit includes underground mines in both the Lower Alma and Upper Alma coal seams, which are the Carnegie 1, Carnegie 2, Carnegie 3 mines, with additional expansion planned in via surface mining both the Upper Alma and Lower Alma coal seams throughout this area, providing us substantial coal tonnage potential,'' stated Mark LaVerghetta, Vice President of Corporate Finance & Communication.
PLANS FOR THE FUTURE
"American Resources Corporation continues to focus on its growth objective by efficiently leveraging its large number of core mining permits and through identifying strategic, supplemental acquisitions and continuing to consolidate quality coal assets for future growth and production. The company is committed to being one of the lowest cost operators in CAPP and throughout all its coal mining, processing, and transportation operations."
Full Release: https://www.otcmarkets.com/stock/AREC/news/story?e&id=1294916
EXPANDED CARNEGIE #1 MINE REOPENING IN MARCH 2019
This information is from AREC's Facebook page:
American Resources Corporation had previously said they would be refitting and reopening another of the Carnegie Mines. Well, it looks like they're ready to get things rolling. They're advertising for additional employees.
THIS IS JUST WHAT THEY TOLD US THEY'D BE DOING!!
Our subsidiary, Quest Energy Inc posted a job.
Quest Energy is excited to announce that it is finishing up the expansion project at its Carnegie #1 underground mine in Kimper, KY (Pike County). The company has all the equipment lined up and is now accepting job applications for all underground mining positions and leadership roles at the mine. The Carnegie #1 mine is a key mine for the company with all coal being brought to our McCoy Elkhorn processing plant a few miles down the road.
"We are seeking qualified team members that are driven, honest, hard working and desire to be a part of one of the fastest growing companies in the area. The mine plan provides many years of reserve life (15+ years) and all individuals that are hired will have the opportunity for advancement within Quest Energy based on performance and leadership characteristics."
8-K DETAILS ON WEEK'S ACQUISITION of Colonial Coal, Inc. and Empire Coal Holdings LLC for approximately $26.9 million in a primarily all-stock transaction.
https://ih.advfn.com/stock-market/NASDAQ/american-resources-corporation-AREC/stock-news/79339801/amended-statement-of-changes-in-beneficial-ownersh
According to today's Amended 8-K dated February 26, 2019, the cash portion was $500,000 up front and a 3% Note for $2,000,000 due in 6 months.
The question I had was how many shares were issued for this ACQUISITION.
Well, the answer is 2,000,000 shares. In other words, the acquisition took place before the IPO funding (which enabled the subsequent uplisting to NASDAQ) and the drop in stock price.
$26,900,000 / 2,000,000 shares OR the equivilance of $13.45 per share.
In other words, the currency we used to buy this new property was valued over 4 times the current share price.
Looking at it from today's share price, we could say we saved the equivalence of over 4,725,000 shares. Ironically, while I wasn't thrilled that the recent NASDAQ IPO took place at $4.00 per share, we've added $4 Million in cash for a fairly small percentage of our outstanding shares.
Granted our Market Cap has taken a major hit... but the underlying value of the company and potential for future profit has ONLY INCREASED.
Looked at differently it's almost like we're experiencing a gain of $21,900,000 on the properties we purchased.
HEY FORTEM FANS!! The Radio programs spots have now added a video produced by USA Radio.
https://vimeo.com/317133220/7fea630b26
Not much new information... but kinda cool... and part of the overall promotion of the company.
What we need, as some posters have stated, is hard news about uplisting and financing. At that point, I believe we will become unstoppable.
Randy
Quint... I was expecting this to be the 8-K for the Acquisition completed yesterday (2/21/19 https://www.otcmarkets.com/stock/AREC/news/story?e&id=1291589).
Guess that one will be forthcoming. I'm curious to hear the terms. If the acquired mining operations were worth $26.9 Million... and the purchase was completed mostly with stock, I wonder how many shares were expended for the purchase.
The IPO did move AREC to the NASDAQ Capital Market. The acquisition announced midday yesterday is close in proximity to current operations and has the valuable High-grade Metallurgical Coal (A and B).
I think 2019 will be a banner year for AREC. On OTC Markets, as of 2/1/19, there were 18,150,003 shares outstanding. with the IPO of 1,000,000 shares, plus 150,000 for over-allotment, out total would be roughly 19.3 million shares outstanding.
The public float had been 892,044 plus 1 million from the IPO... still means that AREC is still a pretty low-float company and could be prone to some pretty serious market fluctuation.
Still long and strong... and from I can tell... pretty safe and secure as we're near a $4 floor.
NEWS OUT!!! 2-21-19 AMERICAN RESOURCES CORPORATION AQUIRES METALLURGICAL COAL RESERVE IN EASTERN KENTUCKY
https://www.accesswire.com/536313/American-Resources-Corporation-Acquires-Metallurgical-Coal-Reserve-in-Eastern-Kentucky
American Resources Corporation Acquires Metallurgical Coal Reserve in Eastern Kentucky
FISHERS, IN / ACCESSWIRE / February 21, 2019 / American Resources Corporation (NASDAQ: AREC), a supplier of raw materials to the rapidly growing global infrastructure marketplace, with a primary focus on the extraction, processing, transportation and selling of metallurgical coal to the steel industry, announced today the acquisition of a large contiguous metallurgical coal reserve from Colonial Coal, Inc. and Empire Coal Holdings LLC for approximately $26.9 million in a primarily all-stock transaction. Located in Pike County, Kentucky, the acquired coal reserve consists mainly of high-vol A and high-vol B coking coal used by steel mills and is strategically situated about 20 miles east of the company's McCoy Elkhorn Coal Complex.
The transaction involves the purchase of over 3,000 mineral acres and similar number of surface acres, and including all associated agreements, leases, and easements. As evidenced by the success of the Company's hub and spoke model, the acquisition provides American Resources with both strategic and financial benefits including:
Access to High-Quality Metallurgical Coal
The acquired coal reserve consisting of high-vol A and high-vol B metallurgical coal within well-known coal seams including the Upper Banner, Glamorgan, Pond Creek, Cedar Grove, Upper Alma, Lower Alma and Williamson.
Attractive Production Potential
Through this acquisition, the company can significantly increase its production of high-quality coking coal given its current coal sales contracts and demand.
Cost Synergies
American Resources, through its existing M&A model, is completing its full and immediate integration process of the acquired assets resulting in no additional SG&A costs to the Company.
Coal Blending / Quality
The future production from the acquired assets will further enhance the company's coal blending capabilities, sales volumes, and operating margins given the complimentary qualities to the Companies existing metallurgical products.
Expansion Capabilities
With the addition of the acquired reserve, the company remains one of the most active and viable consolidators of metallurgical coal assets in eastern Kentucky and will continue to explore opportunities to expand its footprint where it's a strategic fit.
''American Resources remains committed to executing on its growth objectives and to create shareholder value, while delivering to our customers in the steel industry for the growing infrastructure marketplace'', stated Mark Jensen, CEO of American Resources Corporation. ''This latest acquisition represents our intent to further develop our metallurgical coal platform and gives us the ability to expand our volumes, sales and margins while enhancing our coal blending capabilities to meet a variety of our customers' needs. We applaud the prior owners of the assets for putting together such a strong asset base and welcome them as shareholders of American Resources Corporation!''
American Resources Corporation continues to focus on its growth objective by efficiently leveraging its large number of core mining permits and through identifying strategic, supplemental acquisitions and continuing to consolidate quality coal assets for future growth and production. The company is committed to being one of the lowest cost operators in CAPP and throughout all its coal mining, processing, and transportation operations.
About American Resources Corporation
American Resources Corporation is a supplier of raw materials to the rapidly growing global infrastructure marketplace. The company's primary focus is on the extraction, processing, transportation and selling of metallurgical coal and pulverized coal injection (PCI) to the steel industry. The company operations are based in the Central Appalachian basin of eastern Kentucky and southern West Virginia where premium quality metallurgical products are located.
The company's business model is based on running a streamlined and efficient operation to economically extract and deliver resources to meet its customers' demands. By running operations with low or no legacy costs, American Resources Corporation works to maximize margins for its investors while being able to scale its operations to meet the growth of the global infrastructure market.
Website: http://www.americanresourcescorp.com
Institutional/Retail/Individual Contact:
RedStone Communications, LLC
Anthony D. Altavilla, President
317-569-1617 - Office
317-590-3780 - cell
tony@redstonecommunications.com
www.redstonecommunications.com
American Capital Ventures
Howard Gostfrand, President
305-918-7000 - Office
hg@amcapventures.com
www.amcapventures.com
Company Contact:
Mark LaVerghetta
317-855-9926 ext. 0
Vice President of Corporate Finance and Communications
investor@americanresourcescorp.com
Hah... I picked some up at the open as well. :)
AREC's IPO came out at the lower end of the range I expected.
However, from what I've read and heard AREC has a bright future. If my calculations are correct we're looking for 3-4x's 2018 revenue by the end of 2019 and growing profitability.
I'm guessing it's getting pretty close to being "Live." I thought it had been priced... but I guess it won't be until the "IPO" happens. :)
Randy
NEW COMPANY PICKS THAT I THINK ARE SLAM DUN DEALS!!
A couple companies I follow might be of interest to folks on this list.
1. Fortem Resource (ticker FTMR) is a natural resources role up. Our CEO billionaire Marc Brunner has already put several of his properties into Fortem and we are expecting to hear about substantial financing one of these days. He's done this before... brought stocks from pennies to $100 per share. He's intending to do it again
The company has recently begun a six-month sponsorship of the Wayne Allyn Root radio talk show and expect NASDAQ listing and additional coverage as business plan unfolds.
Board: https://investorshub.advfn.com/Fortem-Resources-Inc-FTMR-24285/
Website: www.fortemresoures.com
2. American Resources Corporation ticker AREC). AREC is becoming one of a new breed of coal producer. They're specializing on metallurgical coal and expect their revenues to triple to quadruple in the next year.
Visit their IHUB page to see the information I've gathered: https://investorshub.advfn.com/boards/board.aspx?board_id=35910
See ARECs website: www.americanresoucescorp.com
PLUS... check out current offering being done $11 per share: https://www.nasdaq.com/article/micro-cap-coal-producer-american-resources-files-for-a-9-million-nasdaq-ipo-cm1094243
A couple companies I follow might be of interest to folks on this list.
1. Fortem Resource (ticker FTMR) is a natural resources role up. Our CEO billionaire Marc Brunner has already put several of his properties into Fortem and we are expecting to hear about substantial financing one of these days. He's done this before... brought stocks from pennies to $100 per share. He's intending to do it again
The company has recently begun a six-month sponsorship of the Wayne Allyn Root radio talk show and expect NASDAQ listing and additional coverage as business plan unfolds.
Board: https://investorshub.advfn.com/Fortem-Resources-Inc-FTMR-24285/
Website: www.fortemresoures.com
2. American Resources Corporation ticker AREC). AREC is becoming one of a new breed of coal producer. They're specializing on metallurgical coal and expect their revenues to triple to quadruple in the next year.
Visit their IHUB page to see the information I've gathered: https://investorshub.advfn.com/boards/board.aspx?board_id=35910
See ARECs website: www.americanresoucescorp.com
PLUS... check out current offering being done $11 per share: https://www.nasdaq.com/article/micro-cap-coal-producer-american-resources-files-for-a-9-million-nasdaq-ipo-cm1094243
Micro-cap coal producer American Resources files for a $9 million Nasdaq IPO
February 06, 2019, 08:20:00 AM EDT
American Resources, a Kentucky-based producer of metallurgical coal, filed on Wednesday with the SEC to raise up to $9 million in an initial public offering on the Nasdaq. The company is currently listed on the OTC Pink under the symbol AREC.
The Fishers, IN-based company was founded in 2013 and plans to list on the Nasdaq under the symbol AREC. Maxim Group LLC is the sole bookrunner on the deal. No pricing terms were disclosed.
The article Micro-cap coal producer American Resources files for a $9 million Nasdaq IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts may have investments in securities of companies mentioned.
https://www.nasdaq.com/article/micro-cap-coal-producer-american-resources-files-for-a-9-million-nasdaq-ipo-cm1094243
IHUB Board: https://investorshub.advfn.com/boards/board.aspx?board_id=35910
METC has a little sister... AREC.
Micro-cap coal producer American Resources files for a $9 million Nasdaq IPO
February 06, 2019, 08:20:00 AM EDT
American Resources, a Kentucky-based producer of metallurgical coal, filed on Wednesday with the SEC to raise up to $9 million in an initial public offering on the Nasdaq. The company is currently listed on the OTC Pink under the symbol AREC.
The Fishers, IN-based company was founded in 2013 and plans to list on the Nasdaq under the symbol AREC. Maxim Group LLC is the sole bookrunner on the deal. No pricing terms were disclosed.
The article Micro-cap coal producer American Resources files for a $9 million Nasdaq IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts may have investments in securities of companies mentioned.
https://www.nasdaq.com/article/micro-cap-coal-producer-american-resources-files-for-a-9-million-nasdaq-ipo-cm1094243
IHUB Board: https://investorshub.advfn.com/boards/board.aspx?board_id=35910
Quintessence... did you see the recent filings of our little AREC, American Resources Corp?
Micro-cap coal producer American Resources files for a $9 million Nasdaq IPO
February 06, 2019, 08:20:00 AM EDT By Renaissance Capital, Renaissance Capital
American Resources, a Kentucky-based producer of metallurgical coal, filed on Wednesday with the SEC to raise up to $9 million in an initial public offering on the Nasdaq. The company is currently listed on the OTC Pink under the symbol AREC.
The Fishers, IN-based company was founded in 2013 and plans to list on the Nasdaq under the symbol AREC. Maxim Group LLC is the sole bookrunner on the deal. No pricing terms were disclosed.
The article Micro-cap coal producer American Resources files for a $9 million Nasdaq IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts may have investments in securities of companies mentioned.
https://www.nasdaq.com/article/micro-cap-coal-producer-american-resources-files-for-a-9-million-nasdaq-ipo-cm1094243
IHUB Board: https://investorshub.advfn.com/boards/board.aspx?board_id=35910
Micro-cap coal producer American Resources files for a $9 million Nasdaq IPO
February 06, 2019, 08:20:00 AM EDT By Renaissance Capital, Renaissance Capital
American Resources, a Kentucky-based producer of metallurgical coal, filed on Wednesday with the SEC to raise up to $9 million in an initial public offering on the Nasdaq. The company is currently listed on the OTC Pink under the symbol AREC.
The Fishers, IN-based company was founded in 2013 and plans to list on the Nasdaq under the symbol AREC. Maxim Group LLC is the sole bookrunner on the deal. No pricing terms were disclosed.
The article Micro-cap coal producer American Resources files for a $9 million Nasdaq IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts may have investments in securities of companies mentioned.
https://www.nasdaq.com/article/micro-cap-coal-producer-american-resources-files-for-a-9-million-nasdaq-ipo-cm1094243
IHUB Board: https://investorshub.advfn.com/boards/board.aspx?board_id=35910
Financing Described as NASDAQ IPO.
https://m.nasdaq.com/article/micro-cap-coal-producer-american-resources-files-for-a-9-million-nasdaq-ipo-cm1094243
Micro-cap coal producer American Resources files for a $9 million Nasdaq IPO
Renaissance Capital, February 06, 2019, 08:20:00 AM EDT
American Resources, a Kentucky-based producer of metallurgical coal, filed on Wednesday with the SEC to raise up to $9 million in an initial public offering on the Nasdaq. The company is currently listed on the OTC Pink under the symbol AREC.
The Fishers, IN-based company was founded in 2013 and plans to list on the Nasdaq under the symbol AREC. Maxim Group LLC is the sole bookrunner on the deal. No pricing terms were disclosed.
The article Micro-cap coal producer American Resources files for a $9 million Nasdaq IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS), or separately managed institutional accounts may have investments in securities of companies mentioned.
Looks like S-1a Registration Statement went active today.
$8 Million Raise at v$11.00 per Share
"Our common stock is currently quoted on the OTC Market Group, Inc.’sOTC Pink tier under the symbol “AREC”. On February 4, 2018, the last reported sale price of our common stock was $11.00 per share. We have applied to list our common stock on The NASDAQ Capital Market under the symbol “AREC”. No assurance can be given that our application will be approved."
http://archive.fast-edgar.com//20190206/ABAEQ22CZ222R2Z2222R22ZHNVTDZS22I2B2/
I believe the launch of this radio talk show promotion... is just the beginning and greater publicity push.
For now, they are the program sponsor for a duration of six months. I don't know the size of the average listening audience, but you can bet that the daily repetition and the increase in new information and new developments, will pique the interest of a growing number of listeners and or viewers.
What news am I looking for?
The BIG NEWS will be financing... Funding will be the fuel that enables Fortem Resources to develop their properties and increasing prove the valuation of the company. The number of acres already under Fortem's control his incredible. Drill a bunch of holes and demonstrate the amount of oil within them, and I think we will have valuations in the billions of dollars.
What OTHER NEWS?
(1) A month or so ago,m the Fortem announced that they had applied to be listed on the NASDAQ stock market. Like it or now, being a NASDAQ listed stock is a big deal and opens your company up to a great deal of additional investment. I expect within the next few weeks I expect we will hear back from NASDAQ that we've been approved.
PRESS RELEASE!!! 2-6-2019
FORTEM RESOURCES INC. ANNOUNCES INVESTOR RELATIONS AGREEMENT WITH NEVADA RADIO LLC
https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aFTM-2714498&symbol=FTM®ion=C
Fortem Resources Inc. has retained Nevada Radio LLC (doing business as USA Radio Networks) to provide broadcast advertising services to the company.
The agreement with USA Radio is for a term of six months. USA Radio will be paid a sum of $60,000 USD over the six-month term, payable in installments of $20,000 USD due in advance before any services are performed ($10,000 USD for the first month, plus a deposit of $10,000 to be applied to the sixth month or the final month if the agreement term is extended) and $10,000 USD due on the 29th day of each subsequent month. The agreement with USA Radio and the consideration payable thereunder are subject to approval by the TSX Venture Exchange.
USA Radio Network is an American media company, specializing in long-form spoken word (talk radio) and radio newscast production and distribution. The network produces and distributes 24-hour news, news/talk, information, opinion and talk/entertainment radio programming to approximately 500 radio stations around the world on two full-time satellite channels and through various digital protocol systems. As Fortem Resources continues to grow, the Company feels it is important to market its success globally.
About Fortem Resources
Fortem Resources Inc. is a Nevada oil and gas corporation, which holds properties in Alberta and Utah. The Company is engaged in the exploration, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and Utah in the United States. The Company is seeking North American and international expansion through an acquisition strategy.
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NEWS 2-5-2019 ORHub Expands National Sales Force to Over Fifty Representatives and Distributors to Cover 10,000 Facilities
-Accelerate Market Share in $50 Billion High Growth Healthcare Data Analytics Market-
-Client Testimonial Substantiates Value Proposition of Data Analytics-
https://finance.yahoo.com/news/orhub-expands-national-sales-force-133100087.html
NEWPORT BEACH, Calif., Feb. 5, 2019 /PRNewswire/ -- ORHub, Inc. (OTC: ORHB) (the "Company" or "ORHub"), a SaaS-based healthcare data analytics company focused on the business of surgery to improve the profitability of hospitals, ambulatory surgery centers (ASCs) and health systems today announces that ORHub expands its national sales and distribution force to over 50 representatives to accelerate market share in the healthcare data analytics market.
According to MarketsandMarkets Research, the healthcare analytics market is expected to reach $50 Billion by 2024 representing a high compounded annual growth rate of 28.3% over five years in a young and dynamic market1.
I'm still waiting to be re-convinced.
I'm still impressed with the technology and believe it could be a great assist streamline healthcare and costs of surgery.
I'd sure like to see the last two quarterly reports.
From what I gather from recent press release about the notes and the note holders... they're mostly just asking management to abide by the debt covenant... Not adding additional debt or dilution without the approval of the note holders. How can that be a bad thing?
This is one of my older posts... From when the Godin property was first acquired.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130620100&txt2find=Godin