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You have nadda! No one with shares would say such a thing.
We know and we don't care.
For the last few weeks you have been here fear mongering, playing my brother's keeper. No one is hearing you and that says a lot about what most people here think about you. i believe every one here can and does make his/her own investment decision
They are trying to play uninvited financial advisers but unfortunately nobody is biting. Ask yourself if the ticker is so bad, what are they doing on this board? They keep talking to each other like parrots.
According to your postings you gambled when you bought in this one at a much higher price and lost. In the trip world , you buy at the bottom. and this is the bottom. Financials don't mean a thing; it is the direction of the sentiment. I have thrown some money on this one and it is not an investment, it is a trade.
I had decided not to invest in any more OTC stocks but I am investing in this one. Not because of the hype on this board. I am always suspicious of pumpers. I am investing because of two reasons: 1). Tom Coleman and 2). Barchart Opinion. Barchart is saying 100% Buy on every parameter. That tells you something. In short both the fundamental and technical elements of this stock are so perfectly aligned.
No but travel there a lot particularly East Africa and South Africa.
I think we should have details of delivery date and installation and other details mid next week fingers crossed. It might touch .0016 in the mean time or it might not. Then the fireworks start.
Were the 75000 shares they bought common or preference shares? If it is preference they could end up owning a boatload of commons.
It is good to see at least an institution buying shares even if it is nominalI
More than $1 Billion in debt and financing commitments from US agencies and private investors for power Africa are announced.
The latest deals were finalized around a US-Africa business forum on the sidelines of annual UN meetings in New York this week, USAID Chief Gayle Smith said in an interview with Reuters.
The deals covered funding for regional infrastructure energy projects and renewable power projects in Kenya, Nigeria, Senegal, Sierra Leone, South Africa and Tanzania.
To date Power Africa has mobilized more than $52 billion in additional commitments of which $40 billion is from private companies.
Power Africa is tracking more than 500 deals and 40 transactions advisers working across Africa have identified 60,000 megawatts of potential deals.
Reuters News Services.
You say Angola is a tiny country. man be real. Angola has overtaken Nigeria as the largest exporter of oil- over 2 million barrels daily. They are one of the largest exporters of diamonds and even its territorial size cannot be said to be tiny. If you don't know anything, do not say it.
I normally do not post a lot and i am not going argue with you but i can tell you this; I probably know more about the sector and the continent more than you. Let us sit back and watch. Time will tell who is right. That is all i can say and good day to you.
On just the basis of the agreement to supply 12MW this company should be valued at over $10 million. The cost of electricity in SA is about $.11 per kwh. Small power plants is the way to go in sub saharan Africa. Just one success story will attract financiers and propel this company forward
Please read the press release very well. You may have lost money on this company previously or you may want it to go down more so that you can buy a boatload but at least be sincere . The other thing is that peeps here make decisions based on their own research and and not looking for a good samaritan to guide them along.
Guess who is coming on board tomorrow. The Wolf scammer. Who says Janice is wrong.? This is gonna go downhill so fast that those without belts will have their pants down.
The scam of the century. How the SEC can allow these people to commit this kind of fraud baffles me. These scammers belong to jail.
You are our guardian angel, right?
Sorry. premium should be 400%
Well according to the last 10q the total liabilities were around $3.3 million and total assets were slightly over $5 million. That leaves a net value of $1.79million. when you consider that the current market cap is $300,000 then the premium being paid is 500% i.e $.005 per share.
The royalties will be paid until the vesting amount of $5 million is paid. The royalties are like interest until the 5 million is paid. It is not the same amount.
Normally that should be the case. However where the dividend is 25% or more of the stock value the ex dividend becomes the date of payment and the money is sent the following day. in this case August 18. Shareholders on August 17 then are entitled to the dividend. I got this from the SEc. the problem here is that the share count has doubled since the date of record. i do not know how the company deals with that.
Who gets the dividend? normally shareholders of record, in this case June 10th would be entitled. however if the dividend is 25% or more of the stock value, special rules apply to the determination of the ex dividend date. In those cases, the ex dividend date will be deferred until one business day after the dividend is paid. In our case that would be August 18th.
To me that would mean that current shareholders would be entitled to the dividend. I got this from the SEc site. Could someone verify with the company. If it is so then the stock should be at least.01 per shares by tomorrow.
I have just seen a PR on Yahoo Finance that the company just repurchased 77 million shares. Could that explain some of the volumes for the last few days?
Does any one have any information that the common stock shareholders will benefit under the arrangement? Normally the commons are wiped out irrespective of whether the company is saved or not.
Please do not mislead the board. He is the younger brother to the Ruler of Dubai and is Deputy Chairman of Dubai Police.
BAA,,trading at 0.15 of book value. The Namwoya mine should start commercial production by end of August. As I said at current gold prices this is a double by October
BAA . Reason for the fall was because of the analyst downgrade to reduce. They are some delays at ramping up production at Namwoya and the rains which disrupted production in April.. However when you consider that they are on course to make sales of $130m this year at current gold prices, and the current market cap, this stock is very undervalued. The book value is $1.94 and will go up as Namwoya ramps up.While most gold stocks were in the red last quarter, BAA had EPS of $.0 or breakeven; and that was before Namwoya. By the end of the year this stock will be over $1 if gold prices edge up to $1400. At current gold prices this is a double by end of October. It is on my conviction list.
Guys,I have shares in this company. i believe that it is more substantial than many penny stocks i see trading with hundreds of million of dollars in market cap. However if only four members keep repeating themselves, how does that help? I think the company needs to come up with substantial news or an awareness campaign.
Just add up the amounts raised in the 8-K
Please read carefully. The registrant is the company and they are just providing the method of disbursement to the company by Redwood not repayment. the repayment is due in 2014.
Also i have seen uncompensated promo from Shakerzz group. I guess things will start moving again from here..
It seems they have raised their $2 million as per the 8-K. And the average conversion rate is around $.00775 which should be the price floor. Expect the price to rise from here with news. Aegis has delivered.
Steady she goes. All quiet on the home front but the chart is uptrending nicely. No pumping and it is moving on its own. Could push through the 200MA by wednesday and then hell breaks loose.
My first post on IHUB in a long time. It is not easy to predict how the market will behave, however my DD shows this is a solid company, small but growing and not fuggy with their numbers. CDII which was previously a big board company ad a real company itself, financed them and holds a huge number of shares.. The company has consistently filed its SEC returns and while the delay may be disappointing, the re is nothing fishy. The bollingers are tightening, consolidation is going on and volume has dried up. Any good news and this could explode. Of course i am no seer and I may be wrong but let us be a little patient.
No I have not spoken to the CEO but the South African company there are talking about is a briefcase company and definitely does not have the financial capacity or management expertise to carry out that massive development. Watch and learn.
I warned you guys about this company. It is downhill from here back to the triple 000. I am sorry for all those who were taken up by the pump.
This is the third stock I have posted on and if you look at the first two, I was right. Look what happened to BHWF. It was a scam,wasn't it?
I saw his company on OTC movers and decided to look.
Please be careful with this company. I live in South Africa and the company they are talking about is very miniscule and definitely not in a financial position to even purchase a hundredth of the megawatts they are talking about.
Be very very careful and keep your finger on the button. Never new that regulations on pink sheets are so lax that people can easily be misled by bogus PRs.
I had never known the risks in pink stock trading until i did my DD. These guys pull of scams enticing innocent investors to drive their PPS up on expectations of bogus deals. I saw it with QASP promising acquisitions which did not pan out. Same with this company. Of every 100 pinks, 99 are scams. Pinks are for speculation and should not be held for more than a week. Unfortunately for these guys, this time people did not believe them as the share price didn't move. They must have been disappointed but it is a lesson that at a certain stage, investors will discern lies from facts. I think the SEC needs to tighten rules for pinks.
Why do you have to post same message three times. It looks like spamming.