I received a check today for $14,200...

$DEJ will be a beast when their first Mancos well hits production and the second Mancos well is completed. The $2M loan will keep their financial condition secure while waiting for nat gas prices to rebound in 2H 2015.

Shhhhhuuuuurrrrrreeeeee

After hours news, Dejour Energy drilling operations under new $20M JV deal with well known O&G firm.start at Kokopelli, pad and wastewater well done. 4 of 8 new wells to be drilled, fracked, and tied into existing pipeline infrastructure by November.

Company is also expected to release Q2 production numbers any day showing steady QoQ growth in boepd on target to reach FY2014 1000 boepd target. Woodrush expansion and reopening of shuttered wells, and acquisition of 99% working interest will boost short term production and profits. Medium term game plan with Colorado JV deal at Kokopelli is a big game changer for $DEJ.

$DEJ drilling operations start at Kokopelli under JV deal with well known O&G firm. Pad and wastewater well done. 4 of 8 new wells will be tied into existing pipeline infrastructure by November. Expecting Q2 boepd news soon with production expansion at Woodrush nearing 1000 boepd target for FY14. Woodrush is now 99% working interest. Executing on short term and long term well expansion. Best turnaround in the Nat gas sector.

Anyone find Globetrade yet?

Dejour Energy executes Joint Venture to kickstart Kokopelli.

HUGE news because this is a turnaround story and the JV retires debt, gives them cash for operations, funds $20MM drilling using a joint venture which avoids dilution, uses a partner with cash to get things done fast and create producing wells this year while natural gas prices are high, solves the SEC problem with concerns over financial viability going forward, reduces G&A and Overhead in Colorado because the JV partner is running the drilling operation, and They did not sell the farm and got good terms for 25% working interest in Kokopelli and meanwhile retain ownership of 2 other significant Colorado properties with great potential including Roan Creek and Niobrara, plus their Canadian property now has 99% ownership. Price will now rise to reflect full potential.

$DEJ JV news is really big on several fronts: 1) retires debt, 2) gives them cash for operations, 3) funds $20MM drilling using a joint venture which avoids dilution, 4) uses a partner with cash to get things done fast and create producing wells this year while natural gas prices are high, 5) solves the SEC problem with concerns over financial viability going forward, and 6) They did not sell the farm and got good terms for 25% working interest in Kokopelli and meanwhile retain ownership of other Colorado properties with great potential including Roan Creek and Niobrara, plus their Canadian property now has 99% ownership. Price will now rise to reflect full potential.

I have spoken with Craig from Investor Relations a couple times in the last week. I can confirm what others have posted in message boards that DEJ is trying to get a partner willing to develop more than just one property with shallower, lower yield wells, but instead to also include in a deal a partnership to develop the much more lucrative deep wells (8,500 feet). DEJ is sitting on land with well permits already in hand. They own acreage including deep formations where immediately adjacent to their property other developers have demonstrated high production deep wells, which would be an immediate game changer for this stock were a deal to be announced. DEJ could go from a $0.20-$0.25 stock to $0.50-$0.75 almost overnight.

The stock should bottom here in this range IMO, but who am I to know for sure. As far as the German investors go, if they did their DD they have already read back over the prior news releases from the company regarding the $4,000,000 minimum equity concern last year and the statement that the company now satisfies these concerns. The $1 minimum was not even mentioned by the exchange, nor was it mentioned a year ago when the proxy vote for 2013 was taken supposedly for the same reasons. Last year the company authorized the vote JUST IN CASE the exchange were to make that an issue, but did not act on it, and we have no reason to believe things are any different this time. I voted NO because in the event the exchange does issue such a letter, the company could hold a special vote just on that issue by itself in plenty of time for action.

Meanwhile, in the absence of any compelling reason to conduct a R/S, my gut feeling is (1) do not authorize it and (2) do not do it. The reasons are purely psychological - it does not prevent equity raises (i.e., dilution) with or without a R/S, it does not prevent shorting of the stock, does not necessarily bring in big investors who would like the stock if it were 5 times higher in price. However, what a R/S does is affect trader's psychology and sentiment because it gives the impression a company is going to do this as an easy way out to making share price look good for investors each time there is a dilution.

Conference 5/28. New well has been producing 1 million cubic feet/day since April. That will get them a lot closer to that 1000 bpoed prediction for this year. Might see preliminary numbers at next week's See Through Equity Conference.

Dejour Energy May 28 See Through Equity Conference (7 days). May see some new production figures. Craig Allison said new well has been producing 1 million cubic feet per day since April. Hmmmm...

$DEJ Since April new well has been producing at 1 million cu ft per day. Results should be presented at next week's See Through Equity Conference on May 28.

DEJ presents at an investor conference May 28. But since they just had a CC one month ago, Craig said the next CC probably won't happen until Q2 earnings.

Craig also said read the financial report details on their website which explains the Q1 -$3M as largely attributable to warrant derivative liability fair value adjustment (paper adjustments, not actual loss).

I will ask Craig

$DEJ very nice earnings report. Expenses were due to property acquisition as per PR news.

Dejour Energy earnings this week with 2Qs of increased bpoed, revenues, and profits. Nat gas prices will stay high through the remainder of this year per analysts as stated by analysts in CNBC article yesterday. $DEJ "Show Me The Money" $$$$

$DEJ Earnings on/about 5/15. Consecutive Qs higher production, revenues, & profits, which satisfies "Show Me The Money". Natural gas prices to remain high through rest of year per analyst opinions in CNBC article yesterday.

Natural gas production increases two consecutive quarters for DEJ. Earnings next week $$$$$$

Dejour Energy reports 5/15, 45 days from EOQ. Bpoed well production up and revenues are up two quarters in a row.

$DEJ earnings next wk. 45d from end of quarter. Production up, revenues up 2 quarters in a row.

$DEJ steep bounce off bottom. Screaming Buy, earnings <2wks. Do your DD.

Dejour Energy Screaming Buy. 40-50%, <2wks 2earnings. EOM.

$DEJ Screaming Buy. 40-50% gain <2wks 2earnings. EOM.

DEJ is going much higher this year - at least $0.45 -$0.50, but it won't be a straight line as traders go in and out on catalyst events. If you have just a few shares, you can trade in and out on catalysts. If you have a lot (100K or more), then you might as well hold the majority over the next 2 quarters as their earnings look better and better.

5/15/2013 was Q1 SEDAR filing date last year. Should be the same plus or minus a couple days. Company has not yet stated exact date.

Canadian earnings in 2 weeks. GLTA.

RealDealPoker shuffling being audited for independent gaming board certification, will pave the way for a NJ CSIE license.

Success Depends on finding the right partner. Borgata revenues from the first 5 weeks following November 21 legalization in New Jersey were $3.75 Million. Annualized that is $37.5 million.

Not all casinos did as well; that is why the choice of a online casino partner for MGT is important when they get their license. Market penetration is key.

The online gambling market is in it's infancy. Authorities had expected larger utilization in the first 5 weeks than the total revenues from all casinos of $8 Million. However, the market is expected to grow over the next 2 to 4 years and several of the online websites had glitches when they were first launched, which reduced customer revenues (what does that remind you of?).

Bill in NJ legislature to expand online gambling to allow users in other states that allow gambling and other countries to gamble at NJ online websites.

Stock is a good buy after recent drop. Needs sentiment support by longs on YMB however.

$MGT: NJ casino online gambling license potentially lucrative. Borgota's venture saw $3.75 million over 5 weeks in 2013 after date of legalization in New Jersey, beating the revenues of other casinos in online gambling last year.

MGT applied for an online gambling license with NJ last summer and expects to receive certification approval by an independent auditor for their RealDealPoker card shuffling technology any day now. The right casino partner and a good platform technology will make all the difference as to how much revenues they will earn.

Sold it in the same range, as the stock has a history of not holding gains and attracting shorts. Watching level 2 closely and there have been a couple of 100,000 share sellers this week who have just sat on their asks. Some think those are the folks who got preferred shares at $2.06 from the December financing, converting their shares and selling for a small profit. If that's the case, that could continue for a while until the company posts a quarter with a dramatic uptick in sales revenue, which probably won't happen until Q1 results are released in the spring. Meanwhile consolidation is likely, but so are news spikes, too. Time it to buy low and sell the spikes, then when revenues change, it becomes a long term swing trade.

MGTPlay website supposed to launch sometime this month.
Should make a nice PR.

The pop-up ads froze my computer when I hit submit, didn't even see the rotating circle on the address bar, so I hit submit a few more times. Please delete the extraneous posts.

$CBMX: Getting momo - I bought before Christmas.

I'll trade you my thoughts on LYSCF for a free season pass to Stock Talk Live, LMAO

I talked to the CFO for 30 minutes last night. He said they do not need the cash right away but wanted to line things up with good terms and conditions for future business needs. They have no plans to use any specific amount as of now. In my opinion, he is being honest. While they wait for the patent lawsuit to play out, they need to expand into internet gambling, enter a partnership deal with a casino, roll out additional skilled wagering games in stages after MGTPlay is launched in January, and penetrate further into fantasy sports markets. Having cash for an acquisition set up in advance is good business strategy. For investors who thought they would do a 424 filing sometime in the next few months anyway, the terms ands.conditions of the ATM financing are a pleasant surprise, with a minimum offering price floor of $2.50.

That guy is off in his own little world. What's a link like that doing on a mainstream stock message board? Oh, right, it helps to sell gold.

$CBMX: Opened starter position.

Jason Napodano likes it at this price.

Chromosomal MicroArray (CMA) testing has been gaining widespread endorsement over the course of 2013 (College of Obstetricians and Gynecologists Association, Pediatrics Society, and NIH study demonstrating superiority over conventional karyotyping for prenatal testing).

Mainstream insurance companies have recently issued policy statements approving CMA as a first line test for prenatal testing for abnormalities and developmental post-natal testing - AETNA, Blue Cross/Blue Shield, United Healthcare, and other big names.

Financing of $12 million completed on December 17 at $2.06, puts a floor in the selling price for financiers. Should be sufficient cashflow to handle 24 months of operations under a no-growth scenario, while substantial growth is anticipated in 2014.

US Market for prenatal testing alone is somewhere between 80,000 (number of congenital abnormalities at birth) and 600,000 (number of high risk pregnancies out of 4 million births per year). CBMX has signed with major providers in the last 6 months a total of well over 50 million subscribers.

CBMX, molecular diagnostics, DNA testing, & cancer diagnostics, signs contract with FedMed, large national provider.

$CBMX molecular diagnostics/DNA testing for developmental disorders/cancer diagnostics signs a huge national contract with FedMed provider network:

http://finance.yahoo.com/news/combimatrix-announces-contract-fedmed-national-110000940.html