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can anyone explain this:
http://www.sec.gov/alj/aljdec/2013/id487cff.pdf
someone needs to check the current share count. If it hasn't changed then I would guess Catherine is running around trying to put together another deal. Wonder what happened to the deal in South America ... something to do with old plastic bottles or something like that.
can somebody check the current share count? it would be nice see that everything on that end is remaining stable ...
doesn't the lease expire sometime in May?
we can hope ...
exactly!!!
finally, this all makes sense .... catherine is probably cowering in the corner of her bedroom suffering from severe depression .... just nothing seems to be going right for the old girl ....
are you saying that Catherine is ready to bring the filings up to date and this suspension is part of that process? If so, hopefully the long wait is over
Until the SEC allows trading, all else would be a wasted effort.
she needs to get all her filings up to date first!
Commission Announcements
Securities and Exchange Commission Suspends Trading in the Securities of Twenty-Two Issuers for Failure to Make Required Periodic Filings
The U.S. Securities and Exchange Commission announced the temporary suspension of trading in the securities of the following issuers, commencing at 9:30 a.m. EST on January 25, 2013 and terminating at 11:59 p.m. EST on February 7, 2013.
Largo Vista Group, Ltd. (LGOV)
Law Enforcement Associates Corp. (LAWEQ)
Matrixx Resource Holdings, Inc. (MXXH)
Medis Technologies Ltd. (MDTL)
Modern Medical Modalities Corp. (MODM)
Montavo, Inc. (MTVO)
Mortgage Assistance Center Corp. (MTGC)
National Datacomputer, Inc. (NDCP)
New Media Lottery Services, Inc. (NWMD)
OBN Holdings, Inc. (OBNI)
PrepaYd, Inc. (PPDC)
Ready Welder Corp. (RDYW)
Sino Shipping Holdings, Inc. (SSHZ)
Sino-Bon Entertainment, Inc. (SIBO)
Snowdon Resources Corp. (SWDO)
Sonnen Corp. (SONP)
Superior Oil & Gas Co. (SIOR)
Tamir Biotechnology, Inc. (ACEL)
TechMedia Advertising, Inc. (TECM)
Tekoil & Gas Corp. (TKGN)
Trend Mining Co. (TRDM)
Unico, Inc. (UNCO)
The Commission temporarily suspended trading in the securities of these twenty-two issuers due to a lack of current and accurate information about the companies because they have not filed periodic reports with the Commission in over a year. This order was entered pursuant to Section 12(k) of the Securities Exchange Act of 1934 (Exchange Act).
different company ....
that's was your total play? have a good one ... from my experience, this will move once news come out so feel free to come back when the real action starts.
Really old news ... no new filings which was the stated purpose of the change ...
where is the new website????
it doesn't exist!!!
truly amazing ... total invested on friday ... 202.00 ... it's going to take alot more than this to hit our old high of .12 ...
Still Looking the same ... any hope of breaking out of this trading range ... continue to hold!!!
and they seem to have the same accounting firm ... hard to believe this is good without any pr's.
makes sense .... badger fits
You have to wonder if Catherine has hit some kind of financial obstacle that she is having trouble working around. Didn't she pay for the drilling with stock, thus no money has changed hands ... this could cause a problem. Not being over-optimistic, I continue to believe that she will come through in the end, as in the past.
be happy to ... can you give me the email address ...
we need some news to get the volume ... maby after the holidays...
someone needs to check the current share count...
with no news from Catherine, from past experience, I would assume that nothing has changed, just delayed ... it's hard to stick to that position when we have gone this long without news but it still seems the only option ... if things have changed so dramatically that the current pps reflects the value of the company, we have definitely been scamed and that doesn't fit how Catherine has acted in the past ...
doesn't make sense ... you would assume when they signed the contract, it had a date in it for drilling to begin. something else seems to be happening ... one of the other investors doens't have their money, etc.
Cramer: Time to Buy Oil Stocks
that's been my experience. until we hear differently, I am assuming everything is in place and will proceed once preparations, both legal and working, are in place.
there can be many reasons for the delay ... keep in mind that mxxh only has 25% of the well ... other partners, etc. could be holding everything up ... we won't know until they put out an announcement ...
still holding ... would buy more at a lower price.
it's definitely going to take more volume than what we see today to propell this to the penny range!!!
techno,it's just a feeling but I think, while something has definitely changed to cause the delay, Catherine is trying to line up all her ducks so when she gets everything back on track, this whole thing will blow wide open ... no I'm not smoking anything!!!
again, it just feels like that is what's happening ... otherwise we would see some signs of a sinking ship ... no signs that I can pick up...
just a thought ...
there is still the chance that gouger, in signing up that other property, was doing that for Catherine and it will transferred to mxxh at a later date ... one can always hope!!!
Techno, it occurs to me that all the other activity might be connected to MXXH in some way ... it is one of the only explanations for all the delays... anyway, we can all hope!!!
tech, it wouldn't do any good without some follow up volume ... the only explanation I can come up with is that one of the other investors didn't come up with their share of drilling money, which would delay the whole project.
I continue to hold ... based on the opinion that Catherine is basically an honest person ... hope I am right.
I missed the posting of the email you received from mxxh ... can you give me the post where it is?
Wasn't Jacobson involved in the company Catherine was working with on Clovely and the gulf properties? Name sure sounds familiar ....
a review of the trades yesterday, it looks like someone bailed with a fairly large position ... another thought: the drilling was to paid for with shares ... could the drop in pps have any effect on that ... was there some guarantee that the pps would be at a certain level prior to actual commencement of drilling ...
this looks like it could go lower before bottoming out ... definitely need some updates on the drilling activity ... silence does not make it look very promising.
it would seem to me that the best course would be for them to put out news of drilling immediately, prior to a r/s ... the momentum from the news should send this up into penny land ... if they hit oil, that news should propel the pps upward as they institute the r/s ...
If they wait until after the r/s to announce the drilling, I agree that we will never see the pps you mention.
Did they focus on a "pension" rule .... I think their point is that it is virtually impossible to market your shares to investment professionals if they are sub-penny. By doing the R/S, they will increase the market for their securities, thus helping to run the pps up ...
the difference was that the reverse split was after clovely had to be closed in as they couldn't get any production from it ... here, hopefully, it is before the drilling and we add value when, and if, they hit something ... the best picture says that they are doing all this prior to putting out good news which should still support the pps, and if we are lucky, run it up ...
the only thing that would make a difference is if they hit oil right after the reverse split. this would add value and allow the pps to climb ... time will tell