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Just to let you know if you did read the news they did state that all rev would be backed by insurance (a really nice thing to have for a real company). There should be no loss in the 10Q. Best part about it is that they get the money + they still get to sell the fuel .
About the big companies- An interesting story was that a have read within the past few weeks stated how a few bigger companies are switching to the Pinks to save money. If you realize it or not it costs thousands of dollars for these companies to have there name up on the big boards, but that is where all the money is...
Picked up a nice 200K at .0022 haha i tripled my position on one trade that was cheaper then my first buy...
Newbi question here...
Okay so the CD holds are the original funders of the company correct?
So lets say CD #1 invests $1million into the company on Jan 1st 2007. The company tells the #1 that he is invested for a minimum of 1 year at a return rate of X. So after that 1 year mark #1 can stay invested or cash out. If he cashes out the company can pay 1 lump sum or convert into shares to equal the $1mil+X. Now in our case there is a limit on the amount of shares #1 can hold (4.99%) which is 12,475,000(at 250,000,000 shares).
Now if the share price is at 1cent that is $1,247,500 a 25% return. I am sure the company didn't agree to a 25% return on the money its more likely 10% (if I am correct on the whole agree to interest thing).
At $.003 a share that equals out to $37,425 (using 4.99% at 250Mil shares) for a loss of $962,575.
Is this all right? I mean all the CD holders would have to do is lower the price just below the 1 cent mark to make get all there money +.
Is everyone sure that the conversion isn't including the the 1.25billion increase? Giving the CD holders 74,850,000 shares max, meaning there was only 1 partial conversion. Or don't the CD holders have a million dollars invested? I am totally lost here...
Hey where about are you sitting in this beautiful country? I'm here in Mosul... we have that really nice smelling river right next to us.
Anyways.... wish scottrade would let me buy some more shares.... this blows i have enough to average down to around .005 a share without breaking the bank...
That is completely B/S. I have access to a phone, or at least one that they'll be able to understand me on....
Interesting little tid bit here...
So i tried to get a buy order in today and my Scottrade account wouldn't let me buy any UVSE so I e-mailed them and this is what i got back
"Dear Client:
Thank you for your e-mail. ~~~~Due to unusual and/or suspicious trading in
certain stocks, it is occasionally necessary for Scottrade to
temporarily restrict online purchases.~~~~
Please note that these restrictions are temporary and they do not
prevent investors from selling these securities online or purchasing
these securities at the Internet commission rate through your local
Scottrade branch office. You may obtain the telephone number of your
local Scottrade branch office through our home page under branch locator
- www.scottrade.com/online_brokerage_firm_locator/
Should you have any further questions, please reply to this e-mail or
contact your local branch office.
Sincerely,
Justin G.
Stock Broker, National Service Center
Scottrade Inc.
www.scottrade.com
www.scottradeELITE.com"
The crap part about it is there is no way for me to contact my broker so can't buy...
I honestly think all new wells should be prepared but not fully drilled/ tapped until the price goes up a bit. Any more bad news would greatly destroy CD/ shareholders trust and hamper any ability that Raley has to stop the CD holders from converting.
Another thought...
Could this possibly be part of Raley's plan? How hard would it be to get this stock on the rise if he wanted to? All the PR he puts out is just percentages, no real numbers. Think about it he says production is up ##% on well # and it is up ##% on well # from month "X". Now if he came out with PR saying well # was producting X CUBIC feet of natural on month X and now is up ##% from then the stock would sky rocket. I'm sure he knows this, but there has to be a reason why he isn't letting the real numbers out. I could think of a few...
The company has 0 shares and if the companys stock prices raises everyone will sell and one luck SOB could buy the majority
He is waiting for the right price before buying back some shares.
Or everyone could be wrong about him and he is just playing a game with us for his own money (i don't think this one is happening).
Either way as soon as it hits that golden price for me I am going to buy, buy, buy. I truly think this is going to be a outstanding company and I think that the only thing that could possibly ruin this company (but make us all very wealthy) is another company buying this company.
As a side note... For some reason everyone I tell about this stock just can't see the light in it. I have told 40+ people in the last month to invest and not one of them has done it. The see where it was at and where it is today and call say I'm going to loose money, but I look at them and tell them when I have more numbers in my bank account then there homes are worth, don't tell me I didn't give you a great tip...
JMO of course.
A little off topic
So I was trying to educate myself more about the stock market in whole today on Inevstopedia.com, when I came across "Online Investment Scams." They gave a list of 3 "Scams" that they personally received back in 2002 that I found pretty funny in the fact that back then they were labeled as scams.
#1 SPECIAL SITUATION ALERTS HOT PICK OF THE YEAR
Environmental Remediation Holding Corp. (OTCBB: ERHC)
Sent: Saturday, March 23, 2002 4:49 AM
Price of date:$.17/share
Main claim: Returns around 400-700%
Target Sell price: $1.25
Why its funny:If you invested in that stock at .17 a share your stock would have dropped down to around .08 before peaking around .45 within 18 months. If you still would of held on or reinvested for another year after that you would have hit the price of .75 per share a pretty good profit for sitting on it for 2 1/2 years
#2 Subject: Introducing the "Energy" Market
Sent: Thursday, May 23, 2002 4:30 PM
Price: No single stock listed but was at the time gas was selling for $1.37/gallon
Main claim:turned a small
investment of only $10,000 into $50,000 or MORE in a very short
period of time!
Why its funny: DUH! A barrel of sweet has hit record prices. Anyone "DUMB" enough to invest back then would have nicely lined pockets right now like we will soon be with UVSE IMO
Anyways I thought it was kinda comical when I was reading them and though I would share with everyone. I'm sure that the company's that were trying to make money off the e-mails were scams but the info sure wasn't!
Look I know that it won't happen but people are scared of the possibility of him doing it. Yeah he stock in this company but right now it isn't worth anything. He knows this. I know this. We all know that this stock is worth Jack squat. Everyone know that our golden children wells are producing extremely well. The scare of dilution is on everyones mind and will be until the people see the numbers next quarter. Once everyone can see that this is a self running company it will sky rocket into gold. Until then I personally am going to buy, buy, buy... after September 2nd.
Side question though. The day trading rule.... I know that you are considered a day trader with 4 or more Buy/Sells with in a week, but I cant find if that means just for the same company or all through out your portfolio?
Well I'm not a 100% sure what birthday and this stock have in common, but if your implying that I'm trying to earn a little extra cash for my birthday you are sadly mistaken my friend. Cash really has no value where I'm at right now and I still have a long ride until I am home. Good news though is that Q3 will be coming out right around the time I come home and then the cash will have a meaning.
As for "bashing" the stock I'm not. This stock has been nothing but good to me. I invested on a hunch and rumors (a long with a little research). The only thing that go me/ scared me was the hole 1.00+ dropping down to 2 cents in a matter of days. After i found out why I was sold into the company
Yeah i do know why the company needs these shares. Need-less to say though they are still shares that COULD be let out on the market if the company saw fit. There would be nothing to really stop the company from letting the shares out once the share holds allow them to have the shares.
No one can honestly think that once they are authorized a billion more shares they don't think that the price of the stock won't drop.
It seems to me though that this guy is very smart and once he get approval of the billion shares that he will release some extremely good news to counter/ get peoples minds off the shares. Hopefully leaving the price where it sits if not higher. Then 10 weeks after that the new quarterly report will come out and the prices will go up.
JMO
I know everyone is talking about KNITE being all evil (and they more then likely are), but you also have to think that there is this huge deal about the dilution of this stock. Anyone that does research on this company is going to see all the good news and then look at the fact that this company wants to add a billion more shares to use any time they want to. Yeah it seems like Billy is a great guy and knows what he is doing, but whats going to stop him from selling 500million shares to make his bank roll nice and fat? Thats what is scaring everyone, even me. Once it hit .024 it seems like a lot of people got out for that.
Any smart investor will know that this is a gold mine. This company is going to make an a$$ load of money. If they get there billion more shares the price is going to drop.... A LOT. It has happened to every company I have researched. A lot of them will also give a large portion to the existing share holders to keep them happy.
Think about it though... 1Billion shares from 250million will bring the shares down to the .001-.0002 range... If released. Why wouldn't anyone that knows this company just buy in there and wait for the Zeros to go away?
Nice! Buds up ask is up looks like a slow climb up today. It's friday so volume is going to stay low, but looks like a climb.
BTW I was WAY off with my prediction of a high of .024 and a close of .02 :-S Still super new call my the N00B
Last post for the nite.
Lets make some cash today! I'm still saying its going to close at .021. JMOT
GLRO
I may be a lot newer to this company and everything up UVSE has never been at .001's, in fact it hasn't dipped below .01. From the trends I have been seeing in this market is a sharp raise at open followed by a steady decline, followed once again by a steady to sharp raise again. Or the completed opposite with steep lower followed by steady gain then a steady to sharp drop again.
IMO it will start climbing after 12pm until around 3 pm and close out at around .021 with a peak around .024 at close to 3 pm.
Ill probably be wrong but if the trends stays we all can be happy again.
Hi everyone. I'm totally new to the investment/ trading community so forgive me for my ignorance in anything I say. I heard about UVSE out here in Iraq and it caught my attention. I invested at a low price and I am currently up.
First off what the heck are MM's? I tried and tried to search for the meaning of it but I couldn't figure it out.
Next everyone keeps on talking about how they mess with this stock. So couldn't we (if its legal) do the same thing? Everyone put and staggering ask's from .02- .09? I assume from what everyone says that there has to be around 3mil shares from the active posters on this page. If something like this is illegal obviously forget I said anything about.