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In this stock 6months. Great IP and management team. They will execute and with the price of gold where it's going this is going to keep on going up
Going to break into the 7's shortly. Strong bull today
Go ahead knock yourself out..EOM
Please stay on point here with ILNS and don't get personal. We all can have difference of opinions but don't need to stoop to low levels.
Lots of buys in the sixes. With more volume we should blow....
I used daily buys - sells suppose to add up to NET total trades for OTC and IHUB. The total trades is way bigger than the actual trades and sells recorded for those days in the open market OTC..Go ahead and call the TA and you will see what has happened with the SS...
Just got this promo newsletter from Penny stock finders for TMHO
http://by156w.bay156.mail.live.com/default.aspx?wa=wsignin1.0
Look at level 2 and trades screen on ihub
Not Yet...Over 80Mil converted on Monday, 22+Mil yesterday and about 2mil+ so far today.
IMD 1st financial filing for January-Sept 2010.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=41520
MM ARCA just dissapeared of the L2 bid @0.0027 and now the bid and ask is synced up with the closing price. Weird...
ILNS is on the REG SHO and FTD list of the otc for 11/30...
http://www.otcmarkets.com/stock/ILNS/company-info[url][url]
maybe more shorting going or the MM's are covering @ 0.0027..Not sure. Anybody care to explain more?
It definitely is weird. The trades show as buys @ 0.0027 and then when you look @ L2 screen then the sell side is showing ARCA at 1850 orders @ 0.0027 on Ihub. If I go to my schwab L2 then the bid and ask is 0.003 and 0.0031 AND the 0.0027 is not anywhere to be seen
Something for sure going on...Someone is dumping a boat load of shares @ 0.0027 all day long...Way below the bid and ask and that is keeping the PPS down and killing the run. I have never seen this so clearly on a L2 or the trades screen.
The news we've been waiting for...Next generation PET scanner is coming and it's going to further solidify POSC as the PET leader....2011 is going to be exciting....POSC will not see the PPS at these levels for much longer. Time to load the boat BIG time
SAEI a WILD BULL ON STEROIDS....BUCK THEM MM SHORTS
OK so 104Mil is peanuts for him but us SAEI longs that did our DD know that SAEI has a asset potential of 7-10 times greater than that. The PR stated that they are also in the process of acquiring 2more mining properties in South Western Ukrain. Is that including the LOI for the mine PR'ed on the 12/7?
I agree, A10. I'm in @ 0.08 and seeing SAEI trade like this on more than one occasion but always coming back green and climbing higher. The market will establish the true value of this stock over the next few weeks.
I rather have the gradual daily north movement and making higher lows. If I am the management team of this company then I will be looking to uplist to the NASDAQ here shortly to get the attention of microcap institutional investors. The value of the assets are there now with the new results so why not? A buyout or JV is very possible as well....Tick tock. The next week is definitely going interesting
I've been through 8-10 of these and usually it doesn't take more than 14days. This is unusual and I think it has something to do with the having an accurate number of shares available after the conversion and the massive short trading experienced before the split. None of this helps us though.
We will probably only be able to trade after 12/15. Just a hunch I have
I'm with Charles Schwab and mine didn't convert either! I called the broker and CS is waiting for the company to send the shares to do the conversion. CS doesn't know what is taking them this long since the effective date of the split was 11/18. CS told me to call the company, which I did and left messages with the TA, President and IR (same person). Will probably not hear anything back....POS
1x0.489, 2x0.49 and back to 0.50 then..Giddyup...
Close @ 0.50 today...EOM
MM's putting up a fight to keep her @ 0.50. Same as yesterday's fight @.30...Hope we win and blow past 0.50 eod.
The MM's are doing all they can to hold her back at 0.50. SAEI is going like a freight train...
SAEI is Multi colored LED lights on steroids.
SAEI is definitely my Christmas Tree all lighted up....
See my message:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57289630
I wasn't able to find listings for any of the of companies mentioned in previous PR's but that doesn't mean they don't exist. The companies mentioned in previous PR's could be subsidiaries of a larger holding company. I'm from ZA and have relatives over their and I asked them to take a look at it for me! Should hear back by tomorrow or over the weekend.
PS>It's not uncommon for SMB businesses to have no web presence in other countries especially the FAR/Middle East and Africa. I work with the SMB companies and lived all over the world so this doesn't bother me. Like in the US all business must register at a national level for tax purposes. In ZA all companies needs to obtain a VAT nr and pay VAT so there will be a official record in the national business register for TinSol PTY LTD even if it's trading as . The company will have to be legally registered as XXXX T/A TinSol PTY LTD then. The same applies for China. China is GST though.
There should also be patent filed in China for the Solar technology and that will also be available online but the Chinese epatent filing system is a zoo and that will definitely take time to find ....
News out this morning is with PRISM Holdings, Inc. I was able to find this company and it's CEO. Here is some info:
1. Prism Holdings, Inc. CEO Mike Valenti
http://www.linkedin.com/profile/view?id=40388604&authType=OPENLINK&authToken=1mNQ&trk=hb_upphoto
2. Subsidiaries of Prism Holdings is EnviroCitizen LLC and EnviroCitizen.Org. The website is:
http://www.envirocitizen.org/catalog/energy-solar-energy-c-11_43.html.
EnviroCitizen.Org sells Solar Panels,Kits and Wind Energy products amongst other green products.
I assume that the JV news released today is for the Solar and Wind Energy products. This is a legitimate company. Now we need the filings to support the $35Million mentioned in the PR
SNVP>>>BIG NEWS just out>>
News is out! Acquisition of Eagle Ford Shale Formation 300 acres is completed!
NEWS is OUT! Acquisition of the land is complete!
Share structure as of 6/30/2010:
Share Structure
Market Value1 $5,174,871 a/o Nov 19, 2010
Shares Outstanding 492,844,855 a/o Jun 30, 2010
Float 67,000,000 a/o Mar 31, 2010
Authorized Shares 500,000,000 a/o Jun 30, 2010
Par Value 0.0010
We should be see a 10Q out today if they want to maintain their Current OTC status which they got in July 2010....
The stars are aligning...need that news to come this week and we will have a perfect storm!
Any thoughts what the pPS could go to with news imminent and Shorts forced to cover by the MM's?
Regulation SHO/Rule 3210 List
A security will be placed on the threshold list if it has a significant fail to deliver position for at least 5 business days. The threshold qualifications are different for SEC reporting issuers and non-SEC reporting issuers (see definitions). Reporting companies are governed by Reg SHO and non-reporting companies are governed by Rule 3210.
Threshold Definitions
Regulation SHO defines threshold securities as any equity security of an issuer that is registered under Section 12, or that is required to file reports pursuant to Section 15(d) and where, for five consecutive settlement days:
there are aggregate fails to deliver at a registered clearing agency of 10,000 shares or more per security; AND
the level of fails is equal to at least one-half of one percent of the issuer's total shares outstanding
FINRA Rule 3210 defines threshold securities as any equity security of an issuer that is not an SEC reporting security and, for five consecutive settlement days, has:
aggregate fails to deliver at a registered clearing agency of 10,000 shares or more; AND
a reported last sale during normal market hours (9:30 a.m. to 4 p.m., ET) for the security on that settlement day that would value the aggregate fail to deliver position at $50,000 or more.
Add to that the Regular Sho Threshold Flag:
http://www.otcmarkets.com/stock/SNVP/short-sales
Could be a very interesting week or so....
Home » » Company Profiles » Savoy Energy Corp. – SNVP
Savoy Energy Corp. – SNVP
June 8, 2009 · Filed Under Company Profiles
Savoy Energy Corporation (SNVP) is an independent oil and gas company building a diversified portfolio of valuable oil and gas assets in the United States. The company is focused on identifying abandoned oil and gas assets, which are then brought online through recompletion and work-over activities, a meticulous process of evaluation, application of modern well technology, and stringent management controls. This process allows the company to increase its asset base and cash flow, while significantly reducing the cost of initial drilling, and takes away the risk of traditional exploration projects. Savoy Energy’s financial structure allows it to minimize the high overhead of traditional E&P companies.
SNVP- Yahoo Finance Profile
Company Website: www.savoyenergycorp.com
INVESTMENT HIGHLIGHTS
¦Savoy sells oil that is drilled domestically, providing a cost-efficient and convenient product supply for large oil companies who distribute nationally.
¦Savoy is in the process of performing recompletion and workover activities on wells in Texas.
¦They re-enter and bring back into production wells that have been previously drilled and subsequently abandoned for a variety of reasons. Wells they pursue were drilled and abandoned by large oil companies because of uneconomical production rates.
¦Due to high overhead costs and other opportunity costs, large oil companies may require a well to produce between 500 and 800 Barrels Per Day (“BPD”) in order to be economically viable. Their significantly lower overhead allows them to profitably extract oil from wells at a rate as low as 0.5 BPD.
¦They seek wells that were drilled by companies searching for natural gas but instead found oil. These gas companies abandoned these wells and moved on in their search for natural gas. These capped wells present an opportunity for Savoy to reenter using recompletion and workover techniques and equipment to extract the oil, and finally sell the extracted oil to oil brokers who in turn sell the oil to large oil companies.
¦Savoy has retained Forrest A. Garb & Associates, a petroleum consulting firm specializing in geological analyses of oil wells, as an independent contractor. Forrest evaluates abandoned wells and provides seismic and geological analyses of the wells, and counsel’s Savoy in their decisions regarding which wells they should pursue.
¦Savoy currently holds leases, as well as title and right-of-way access, on four wells in Texas, all of which are currently producing crude oil. These wells are referred to as: Ali-O No.1, Rozella Kifer, Zavadil No.1, and Wright.
¦Savoy has also identified 18 other wells, two that are producing and 16 that have been shut in but have seismic or other data indicating that they are favorable candidates for recompletion and workover. They hope to acquire these potential assets in the next twelve months.
¦Savoy presently uses a contract operator, Maranatha, to conduct field operations. This allows them to pursue their business plan without the overhead costs of employees, and the logistical concerns of scheduling, insurance, and human resources. They pay Maranatha a monthly fee of $500 for each well they service, and they conduct all of the field operations associated with their wells, including drilling, pumping, and transporting to their customers. The agreement with Maranatha is verbal and continues on a month-to-month basis.
¦Savoy sells all of the oil they produce to Gulfmark Energy, an oil broker who in turn sells oil to Royal Dutch Shell, one of the world’s largest oil companies. The price at which they purchase their oil is based upon the previous month’s open market crude oil prices, and is reset monthly accordingly. Thus, while they are susceptible to large trends in crude oil prices, they are not vulnerable to daily fluctuations.
My guess is that we will hear the results from wells in Texas mentioned int the LOI here shortly.
The dramatic decrease in revenues during the third quarter of 2010 was due primarily to the drop in our orders from our major customer, Shanghai Xin Dian. We believe the reduction is temporary and the order quantities will be back to normal due to our positive working relationship with Shanghai Xin Dian.
Karma is a strong thing