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I've been watching this stock for years. In and out a few times. Moves pretty slow, but if you can get in low, and aren't too greedy, you can make a few bucks. Look at the long term charts for good entry points, like now. Then you just have to be patient. I usually place a good 'til cancelled sell order at the price I want right after I get in. Good luck!
I was in. Doubled my money. Thinking about jumping back in.
Read the report. Company has no income, and is issuing shares to pay their debts. Also, look at who they're paying to manage the company. Ah, penny stocks, don't you just love them?
On July 11, 2011 the Company formed Cleantech Energy, Inc. as a wholly owned subsidiary. There has been no activity in this entity, through April 30, 2012.
On July 14, 2011 the Company amended its articles of incorporation increasing its authorized capital stock to 610,000,000 consisting of 600,000,000 shares of common stock with a par value of $0.001 per shares and 10,000,000 shares of preferred stock with a par value of $0.001.
On July 25, 2011 the Company formed Cleantech Exploration Corp. as a wholly owned subsidiary. There has been no activity in this entity, through April 30, 2012.
On August 23, 2011 the Company designated 5,000,000 of the 10,000,000 preferred shares as Series A Convertible preferred. These share have a conversion right of 10 shares of common for each share of preferred, a voting right as a class, and liquidation preference valuation of $0.50 per share.
NOTE 4: PREPAID MANAGEMENT FEE
On May 23, 2011 the Company entered into a one year management agreement with Crown Equity Holdings, Inc. Under the terms of the agreement the Company issued 5,000,000 common shares at $0.21 per share with a value of $1,050,000. The management agreement covers the period from May 1, 2011 to April 30, 2012. The Company has amortized six months or $525,000 as expense during the six months ended April 30, 2012.
Some of the officers and directors of the Company are also officers and directors of Crown Equity Holdings, Inc.
Anyone know why this gapped up so high this morning just to spend the day falling?
Yep, and now they will try to get rid of them before the next decline. That's too many shares to buy of this for my taste. Buys are mostly less than 100K.
I've seen it happen before. The OTC is a cruel mistress.
.0035 CRAZY!
Yeah, it's way more fun to watch it fall when I don't own any. LOL!
Wow .005's fast. .004's maybe?
Feel bad for those that bought at .01, but all signals are bearish on this. Debt, dilution, etc. If you're going to trade this one get in and get out quick. Could bounce pretty good if played right.
I see! Lost interest yesterday. May start watching again. Thanks!
You have to wonder at the price of oil and gas these last few months how an oil company could be in debt.
Bid is .0072. I don't see .01 or .02's for a while. I'm thinking .005 sometime today.
Unless they drive it into the dirt. Ah pennyland, don't you just love it?
Part of May 16 8-K:
Houston, Texas, May 2012 --Conquest Petroleum Incorporated, an independent oil and gas producing company located in Houston, Texas has entered into a program with six 3 rd party entities to exchange certain aged debt for stock. The new shares will be free trading and will be available immediately. Simultaneously, it was necessary for the Company to issue additional Rule 144 Restricted Stock to one of the Company’s secured creditors under an anti-dilution agreement.
Robert D. Johnson, Chairman and CEO of the Company stated, “Management and the Board of Directors have considered possible alternatives to add to the Company’s liquidity and bring in much needed capital. This alternative, although dilutive, will enable the Company to bring its securities filings current, perform much needed field restoration, and bridge to a larger funding. The goal remains to raise sufficient new capital to complete Phase 3 of the Company’s Business Plan that will see the large inventory of undeveloped assets monetized; and, at the same time settle other outstanding matters.”
52 week low as well. I think it was for 545K shares. Too fast to get in. Not trusting where it is now. Watching though for another drop.
Double Zeros coming up. Falling hard.
I have a feeling that the only way this is going to $0.10 will be by a reverse split. At .0001 it would be a 1:10,000, I think, and the way it's been trading, that's not far off. GLTA.
Because you're trying to bite off more than you can chew. If you're not sure, don't buy so much. Jump in with what you feel you can lose. These are penny stocks. Try to average down, or hold for long term. Good luck.
Yeah well, it's gettin' pretty low. Wouldn't be surprised to see double 0's by weeks end. Good luck!
Well, that's it for me. I'm out. One of the ugliest stocks I ever traded. Not sure why anyone would buy on the ask since just about anyone and everyone could buy on the bid for a couple days now. Some serious manipulation going on here. GLTA.
HBRM Anyone seeing this? Up 53% on huge volume.
POSC Gets NRC Approval
Positron Corporation (OTCBB: POSC), a leading molecular imaging healthcare company, specializing in the field of nuclear cardiology announces the approval of their Nuclear Regulatory Commission (NRC) manufacturing and distribution license amendment for the Company's radiopharmaceutical manufacturing facility in Crown Point, Indiana.
EMBA HOD $.014 150% gain
EMBA Nice dip to $.01. Back up to $.0125 123% gain.
EMBA now up 128% to $.0128
EMBA climbing fast. Up 78%
Something is going on because share price is a $.01 as I type this. Up 78.57%. Any news?
That's what I'm waiting for.
That would be great, but look at the days trading range, (.0021-.0029) and be smart about when you jump in. This is a penny stock.
(FLTT)I like it too. Six month chart looks good. Get in cheap now.
FLTT nice volume up 38%
HOMS up 200% plus.
OPTZ take a look.
TMSH WOW!
Financial Industry Regulatory Authority has nothing to do with the govt? Are they a seperate entity? Who oversees them? I thought they were in league with the devil and the SEC. So what the hell is the point of reporting short interest? So many questions, sorry.
It is what it is. I was merely pointing out that on Aug. 17, 2010, there were 85,000 shares short interest. I wouldn't consider that to be high. Only that it exists. The link to the post was very interesting, and confirmed a long time suspision of mine, that anything the govt. does isn't meant for us mere mortals to understand. I think the volume for ACLH on 8/17/10 was 93,500, so according to the article, the 85,000 shares short are just orders that weren't complete. Am I understanding this right?
There are so many "what if's", that your scenario could be one in a hundred. What if someone wants millions of shares, and will sell some of theirs at loss to scare others into driving the price down so they can scoop them up at a bargain? There are players with more money and experience than you and I. This is a very risky stock, more so than most pinks, because you can't really see where the market is going with no B or A. All I have are the same charts that you do. Look at them, and you'll see the lows are getting lower. You tell me what's happening. To be honest, I'm surprised this POS hasn't hit triple 0's. Which IMO is what some people (new investors) are waiting for. I've got a long way to go to get back to where I bought. So like most people on here, I'm in this for the long haul. From what I've seen recently, we'd better put our feet up and get comfortable. Because it may be a while.
Yes, but you asked who is selling at .0027. 21,600 shares just sold at that price. So someone with a short interest of 85,000 shares could do that. There are people betting this will go up as well as down. With no bid or ask, ACLH could do anything.