But, What do I know? I bought QASP!
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I would swear Joe wrote that PR!
Sandfridge with a pumper? OMG...
Pennies would be nice. I need 18 of them to break even after the POS R/S.
Steve! You still have stock here? Still Positive on it?
I got most of mine out, but I'll write off the rest just to escape.
You and me and a whole bunch of others that should be out by now!
I did that once with this stock. as did many others. ONCE. Now, after having to ride out the dreaded reverse split, my purchase price is setting at .18 as what I need to cash out whole. like kp said, another reverse split wipes out most of the longs that are left. I wouldn't trust this group as far as my keyboard. Who wants to buy tainted meat?
So if that's the case, my one time 5,000,000 shares will be equal to...let's see...5,000,000/800 (last reverse) /5000 (next reverse)= 1.25 shares. But they don't want to screw you so they will round up all shares to the next even number, so 2 shares! times .0001 = I guess if you divide by zero you will get the right answer when it comes to KNSC.
So, they gonna give me 5000 shares for every share I own? my kinda management!
Ok, so who wants to buy (really, really cheap) what used to be, once upon a time, 5 million shares? Now worth....$00.62 and 1/2! Don't forget the 1/2!
Thanks Ken. By the way, I'll be in Kansas next week sometime.
of course, you all realize this is a net loss for the share holders but a net gain in the same amount for Ken. and because he is an attorney, he probably wont pay any taxes on it either. Ken is a crook, plain and simple!
Roar? My shares, after the last split, need to reach .18 just to be even! Ken is a liar and a cheat. Don't believe a word he says or prints.
I want to know what employees he had a meeting with. did he meet with himself in a mirror?
I thought the same thing once upon a time.
Guess what? 800-1 split!
It will happen again. and again. and again....
Not the first time he raised it only to do an 800-1 split. I see it coming again. Makes my former millions of shares worth less than the shovel he uses to cover the crap he hands us.
So what's new? POS Ken just keeps on sticking to everyone.
The Dark Side is very alluring.
Guess it's time for one of his infamous 800 to 1 splits again!
I want to sell some of my stocks that have gone down to the point where the sale wont cover the costs of selling. How can I sell it and then claim the tax deduction for the loss?
Doing a search for stephen m hicks is not a nice experience, but it sure shows the circles our beloved CEO runs in! SEC Complaints, Left Behind Games(and we all know how that turned out). SEC Defrauding Investor charges. (http://www.sec.gov/litigation/litreleases/2010/lr21709.htm)
Oh, by the way Joe Canouse is involved with Southridge. (https://www.google.com/search?q=southridge+canouse&sourceid=ie7&rls=com.microsoft:en-us:IE-SearchBox&ie=&oe=)
If my shares were not already worthless, I would abandon ship immediately.
some just don't know how to give up!
The only strategic alliance Ken is looking for is one between his left hand and his right hand.
Been on vacation.
I believe that as stockholders holding as much or more as a combined body than the Malaysian investors, we should also have representation on the board of directors. Due to his diligence in reporting to us, I am hearby nominating bull market to that position. Do I hear a second on the motion?
Lakeshore #1 Well was reworked on Wednesday, Electric will be reconnected Thursday or Friday and we will begin to produce the well. Updates on production will be provided once we have been able to evaluate for a sufficient period of time. This well is on Shelby lease in Texas.
This from an e-mail from Treaty.
bull, thanks for being on the ground. Can you get an idea of the oil/water ratio this well is producing? Do they have this on a choke manifold? Hate to see the valve get cut out and not be able to shut it back in.
Small Cap Network News
Treaty Energy Corporation (PINK:TECO) shares were trading in the $0.027 range on June 27 and the next day it released its Q1 and a spike started…
Revenue for the First Three Months of 2012 was $57,016, up from $0 Revenue in the First Three Months of 2011; Total Assets at March 31, 2012 were $2.037 Million, up 398% Over Total Assets of $409 Thousand on March 31, 2011.
Additional Paid In Capital increased to $9.7 Million at March 31, 2012, up 675% from $1.25 Million at March 31, 2011; Total Stockholders' Equity Improved by $591 Thousand to a Negative $290 Thousand at March 31, 2012, as Compared to a Negative $881 Thousand at March 31, 2011. Nice turnaround.
Treaty Energy acquires and develops oil and gas leases which have "proven but undeveloped reserves" at the time of acquisition.
Shares have risen from that $0.027 range on June 27 to today’s price of $0.071 range; a gain of 162.9% in less than two calendar weeks.
Sustaining the Spike
On July 9 TECO management announced the acquisition of four new Oil & Gas Leases in Eastern Texas, and its plan to re-enter and re-complete the MADELEY F1H well in Shelby County, Texas.
On July 10 TECO gave a progress update on its San Juan #2 Well in Belize. Max Mohamed, Treaty's Director of Operations in Belize, said, "The San Juan #2 well was cased and cemented in on Friday, July 6th. After allowing 24 hours cure time on the cement the well was checked for the cement bond and then the well was case-hole logged."
Mr. Mohamed added, "On Monday July 9th I met with the GOB (Government of Belize) Geology Department to present and discuss the well logs, and I am pleased to report that the GOB is in agreement that the log shows three zones of interest, one each at 500 ft, 850 ft and 1200 ft. Based on these findings the GOB has given permission to perforate, acidize, and test the well for production."
With such positive news coming from the Company, it’s no wonder that shares have spiked.
Gotta love it. I just hope a whole bunch of others don't find out about it.
Even with the P&D going, this still closed at .09 which is where it normally does close. It just needs to pop the high resistance at .12. This is always good for a 25% flip every quarter. Buy nines and sell twelves.
'll be glad when these paid pumpers go away so this thing can go back to its normal .125
You guys ain't pumping hard enough! Fell to #2 already and the volume is not much more than normal. I need you to pump harder!
All this pump and the price is still the same? I have seen this stock do better without the pump! At least it has a great baseline resistance.
Historical resistance is at .13 on NWGC. If it can bust that, it will do .15, but I will be long gone!
Can any post an L2?
Only need a couple cents and I'm out.
Cat, keep n eye on NWGC today. Pretty heavy compensated posting going on there. Over 400 posts over night. Might be good for a quick pop. I am already in it and been looking for a good price to get out. May be today.
See the guy carrying the sign? Is that a 1 or a 2 for the well number? Sure looks like a 1.
Comicon 12 is coming up. Think platinum will show their face?
OKC!
OKC!
OKC!
And The THUNDER ROLLS!