Buyer and Seller
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If you look at the daily history of trades for the past couple years, you will see that often, when the price is down, someone purchases a few shares at the end of the day, for a higher price than is current. The result is that the end of day price is the same as the start or higher.
Hi:
I have been gone for a long time - and just saw your note. Bob Miranda is one of the good guys. I was a Board member from the past - the only one who saw what was happening. I went to the SEC, and they directed me to bring in the FBI. The CEO was booted and Miranda cleaned up the books. Things looked like they were going to be good - for a while. Now, VYEY looks like a typical development company of this size in the oil business. They will never make shareholders anything, until they do what they are hoping - to be purchased by a large oil entity in need of their properties. And, willing to pay for the properties.
Together...
It is difficult to not make this comparison. Remember Jon Fullenkamp, CEO, Chair of Victory? He was removed by the Board when a Board Member discovered that all Jon was doing was paying his high salary. In the process, he added wells and brought in new investors. The result was always the same. Bigger salary, lots of expenses, press releases about the new drillings and how great the future will be. It was very difficult to learn that most of the information given to the public was all BS.... What is the difference from then to today's operation???
Together...
I agree 100%
Now, they hire an Investor Relations firm. I think they should focus on becoming a company that is different from the past. So far, this is a company designed to (1) create enough work to pay executive salaries - and (2) provide minimal press releases. Not much difference from the Fullenkamp days.
Together..
Been a long time here.. I just received my Proxy Statement package for a Special Stockholder Meeting on April 21. A date when I will be out of the country.
1,434 registered share owners as of March 18th
Road Runner
Agreed.
Correct
Together (across the pond) and SBC (Southern California) - and to all those who follow VYEY:
Have a very happy and successful new year.
I must ask...is this the year for Victory?
Together - You are CORRECT, on all points. There is a bigger plan in play - thus your last point is correct.
Still, frustrating to watch the wild flow up and down, followed by a regular mysterious 100 share, price lifting purchase.
Because of a bigger picture - I am hanging on for the long term.
Might be mentally healthy if I ignored the daily fluctuations !
Together -
It is too difficult to watch the progress of Victory.
The reverse split hurt the shareholders, so I am hoping there is a long term plan by VYEY that has something to do with how we look to bigger firms.
The price fluctuations for such small purchases are crazy, and the fault of the current management; again, I must assume there is a long term plan in their minds that actually is to the benefit of the shareholders.
The very odd small purchase at the end of trading on many days that returns the price of the share - looks like insider price setting???
Finally, the focus of many of us on the Marketing ability of VYEY is the most frustrating. Bob Miranda was a very qualified accountant and did a great job reversing what apparently was a private venture of the previous CEO. The current management has the same qualifications. Professionals who know what they are doing in the industry. But to the detriment of the shareholders - they each stand on their professionalism in their reports and their personal feelings about how they are operating the company - and they are 100% wrong. Is there a possibility that we may soon have a spokesman for the company that can stand with a foot on both sides of the fence - someone who knows that certain statements cannot be made by a public company, but is willing to provide information that shows that a purchase of VYEY shares is a smart investment.
Please, VYEY, is anyone listening?
Together.. SBC..
I agree 100% !
My shares - in my drawer and will see what happens in a year or two.
One word from the long term holder - GREAT
Together:
Thanks for sharing. Nice response from Mr. Hill. FYI - I am not dumping my original "restricted" shares (yes, I am one of those Mr. Hill references as receiving from the past). VYEY is a long term investment.
Are some selling their previously RESTRICTED shares? (restriction removed 3/31)
I did not.
Thanks for the phone call - I have my answer. SO... with a solid company management structure, and growing proiperties, what is next?
A naive question.. I have some restricted shares that apparently will have the restriction lifted on 3/30. Where do I take these shares to convert the 50/1 split?
Thanks for any help...
Did I miss something? What happens on 3-30??
Gotta remember one thing - Jon Fullenkamp is no longer head of VYEY. Thus, it is a legit company. In fact, 100% turn around. Today, field control and producing wells, with a major play in the arena as a takeover prospect.
Here we go...
3rd Quarter Report.
Some of you see a report with low revenues. I see a report that shows a company laying a lot of foundation for a growing entity. A company that will be in a good place to merge with a bigger company.
R/S I say NO. But, does anything we say here get the Board's attention?
a friend with a few more shares...
Ticker1:
Thanks for the note. Some of us get too buried in the old challenges (me) to see the bigger picture. Good information.
a friend..
Together, SBC:
This is difficult for a long time holder of VYEY shares. I am sure no one is in the same position as you - SBC.
Not much I can do - just sit on my shares and hope for the best in the long run.
Mr. Miranda is a CPA and not a marketing person. Evident in the lack of shareholder support in the market. I can see that there must be some long term plan - they are gathering interests in several wells, have a person on the ground in the gas/oil area, and have more investments that must certainly believe there is a long term plan.
So.. it is frustrating to watch the VYEY Board support their friends/investors and ignore our values. Still, nothing I/we can do.
SBC - there is certainly an outside avenue for your recovery.
Yes, this is fine.
If you know my email address, we should communicate.
Together..
I should publically announce my position on VYEY. I am here for the LONG TERM and a holder of a large number of shares.
I have no trouble envisioning what the price per share will be months from now.
a friend ..
Undervalued - YES.
I am traveling on business, just visited in the Eastern Europe area and now Africa. The one challenge everywhere is Natural Gas. There is worry about two great gas providers - Russia and Iran. From outside the USA, the view of Natural gas is that it is of highest importance. That view is not in the face of the investors here.
The VYEY Board is building a solid and expanding company. VYEY's place in the future is as a strong player. So undervalued, yes. Clearly.
a friend..
I know the value of VYEY - and I am HOLDING for the long term.
VYEY looks good for the long term. Good to see others are finding the foundation is strong at VYEY for good field revenue.
Yesterday, Dow Jones was down. NASDAQ was down. S&P was down. My tech stocks were down. However, VYEY continues to hold and move forward.
Good news from Victory. My guess is that they recognize they need to be more public about their plan to bring the value of the stock up.
On another point, I need to stay on subject. For those of you that are new to Victory, the company was in bad shape a year ago. The former CEO had done a number of activities that hurt shareholders and investor friends. The current Board removed the former CEO, produced (finally) financial statements (corrected), and are moving forward to create a strong company in the fields of oil and gas. It is clear that the Board has one goal - to get a value back into the company shares so that the (new) Board members who invested millions with the former CEO, can see their value returned. And we gain from this!
So to all, this share price has just started going up. The field reports will continue to show that the company revenues will grow, and grow.
I do recognize that BigFat was hurt financially by the former CEO - in a "loan me money for shares in the company" sort of con. Not sure of the exact transaction -but in any case, BigFat lost a lot of money. This is not good for anyone. Naturally, there remains a strong dislike for the former CEO and a need for recovery. Recovery of this past con is probably not clear and/or not on the top agenda of the current Board.
BigFat:
Why the regular PUMP & DUMP and POS comments? You state that management and Board members are pumping the share price and then selling shares. Why do you say this? There is no proof anywhere for this statement. Why do you keep covering the ending legal process which required the former CEO, Jon Fullenkamp, to provide a large amount of data and missing information, and support for the company and federal investigations. The legal process which required Fullenkamp to return every piece of stock he gave himself, family members, and family trusts. The legal process that could not tie his actions in the gas field illegal operations. The legal process which agreed to pay a small fee to end a legitimate (but company killer) large financial payout agreement to be paid upon his leaving the company. Thus, a small fee to cover this closing of relationships was a giant pro-company agreement.
This is in the past. The company clearly is building their position as a gas field developer. And why is this their only goal? Simple, there are many individuals with millions of dollars invested in VYEY which is now covered with shares of the company. Their only way to recover their investment is to rebuild VYEY. This is nice for all us other shareholders.
a friend...
Together..
The note from Donna is correct. The operation of VYEY is so proper, that decisions come from the professionals, a CPA and the attorneys. No marketing person in house (probably good because of the former CEO had nothing truthful to say in his announcements). Thus, any announcement will carry no suggestion of where the VYEY team is headed or the long term goals. Still, I can see the pieces coming together. Share Value - is much more than the current trading price.
If a share holder meeting was held, then the big picture would be presented. We should ask for a shreholder's meeting in our correspondence with VYEY.
Capt:
You are correct about the slamming done by LONGVMHIF. If you look at his posts, you will see that is all he does, at different stock listings.
To all who read here - no need to read any note from LONGVMHIF
a friend...
this is now a real company out to succeed as best it can; and right now, it seems to be doing just that.
Correct, Capt. The Board is clearly putting a lot of components together here to become what it should have been. The best option now - HOLD !
Well, good, I need the moderator to send me a note via email to discuss.
Yes... guess I need an upgrade from my Free account.. Will do when back from breakfast.
I am not a moderator, or assistant, or anything. I do not know how to have a message deleted. All I am is a friend to VYEY. Sorry if I received any blame for things I do not know about or had anything to do with.
Still... just a friend.
Hi BigFat..
You are correct - Rick May is a former VYEY Board Member. If you think I am Rick May, then I appreciate the suggestion. We all know that Rick May, as a Board member of VYEY, discovered the improper transactions of the now former CEO, and spoke up. When he faced the former CEO with a lot of facts covering very improper transactions, Rick May was removed from the Board as a disruptive person. Rick May then stepped up the pace by bringing the facts of improper transactions (which were done solely to line the pockets of the CEO and his friends) to the SEC. Upon initial review by the SEC, the SEC asked Rick May to include the FBI in the investigation. Now, with these two working on the mess at VYEY, Rick May stepped up with pressure on the unknowing current VYEY Board members. It was the current Board members who finally saw all the challenges and removed the CEO, then launched a full internal investigation. Which to date, has (1) brought VYEY up to date in reports, (2) solidified VYEY's position in the gas field, and (3) continues to build VYEY into the organization that will have a good price per share value. That time is coming. Soon.
So, thanks, BigFat for thinking I am the good guy in the correction of the past ways of VYEY.
a friend..
OK.. Not only do I not know about anything moving sideways, I mis-read the notes. Sorry. I was really looking forward to wearing a funny hat, or whatever goes with the position.
togetherwegain..
Not sure I am what you are looking for. What are the responsibilities?
I am now legally able to make any comment, carefully. I will probably speak in support of actions by VYEY, and oppose comments that are clearly dirt made up about VYEY.
I know nothing about the stock market. Two of the posters here know who I am. I have shares from a few years ago. And, I am biased toward holding VYEY for the long term.
A friend..
I do not know anything about sideways movements or short term changes. I do know that there are Board Members at VYEY that have millions of dollars invested (in wells, not stock). The directors of this company have one goal in mind - to create a solid, revenue generating company. There has been a lot of work done to recover from the previous CEO. And there is work still to do. In the long term, this is going to be a solid energy company, producing a revenue that the previous investors can live with.
So, what happens today or tomorrow in the share price will not represent what happens in the long term. I am holding.
A friend...