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Remember OTC stocks are high risk. I have had it for 5 years myself. Personnally will take the loss and clear it out in 2018. About the only hope for a company like it is for it to get into oil and gas. MMEX should help me make up the lost. They came out with what I hope is not a fake 8K paper, so it looks like they may have made a partnership with KPE. Other than that cannisbus would be another way to go. Like I said, I haven't seen it do much in over 5 years. What I would like to see is if Trump gets his tax reform passed, what effect it will have on macro, mirco ,and small cap companies. Hope you all at least make your money back on what have in this company.
Wished I bought a few hundred dollars worth when they were at .0001 or flatlined for years.....what's the possible ceiling on this penny?????
It farted again and stayed at .0002 before closing. Something ought to be going on if they into oil and gas. I have owned this stock since I think 2011 and have seen it go to .0004 and made some profit off it. 300% yea I could see it go there.They were in debt to the texas railroad commission for awhile but never knew the outcome of that??? I followed them real close when they went down to some place in Venezuala call orionco to explore for oil and that about the time the stock went through a very worthless split. Uptrend has them at +70 but we will see. Bought a bottle of southern comfort just in case they go to a 10,000% and beyond and see you on the beach at Bora Bora.
Yea most of the folks are buying mary jane through cypercash. That's what spiked trustcash. Ride the wave girl while it's last......If QOIL goes ballastic will join you for Mai Tai's on the beach in bora bora.....LOL!!!
That was smart. If I had to do it again, as soon as SBRH went to .0003 I should have bailed out. As soon as NVOB gets up to where I should have bailed on SBRH may let NVOB go......and put the $$$ into quest oil..........
Getting news that they are expecting a uptrend for QOIL but we will see. I have made money off this stock and have owned it about 3 years....When they made a discovery down in Venezuala it jumped as high as .0004 and then we went through the worthless split in QOIL (2012) and I trashed all that. I don't believe QOIL is going to be one of those .0001 to $2.90 or 28,900% but I do believe we could see some .0003 to .0004. It reminds me alot of TrustCash -TCHH----There's a stock that has been dead for years and all the sudden folks on mary jane meds (?) are using trustcash to do cypercash transactions-went from .0001 now it's steady at .0002 to .0003.......Like I said, girl it was dead for years kinda like QOIL and all the sudden wammo....Market trends has it at +80 (uptread-volume is picking up.) Is that good or bad ---good. I would pass out if it went to $1.00 but then again anything possible....if it does make sure you got plenty of whiskey around to calm your nerves to know when to jump out......
I remember when trustcash was flatlined for years and everyone told me it wasn't a buy. Held onto a few million shares for about 3 years, then I hear rumors of cypercash purchasing meds from dr. mary jane and think nothing of it. My elmer tells me holdem. One morning I was getting my coffee at work and checking etrade when wala trustcash woke up from .0001 for years and jumps to .0003....made a few bucks that day. QOIL has been like that. About a year ago it was jumping.......now it's farting again..But what I am surprised about is how come QOIL isn't up there around a dollar due to the coming oil boom and already booming natural gas.........Maybe we will get one of those win the lottery days when price goes from .0001 to $2.90...
Bought in myself MVIR.....Yea just never know. Got in at ground .0001 and if it goes to .0003 or .0004 I've still made money. Not rich but still made money.....Icing on the cake would be .010, but you do bring up a good point...Over the last 5 years that stock has gone to 1.0 if you follow it's history, but anything is possible...All the article said was, we made a find looks promising, good lab results, and will see what happens.......Watched Gateway industries, which all the spectulators said, it wasn't going anywhere, make a jump from .0001 to $2.90 (28,500% increase) and the traders at the bottom of the scale looked like Mt. Everst.....We are dealing in the penny world where anything can happen. About like playing the lotto.....I have a screen picture of that jump in my penny stock archives if anyone is interested in looking at it or you can go to gateway industries and have a look at it's history......
A possible merger would explain why this penny, which for the last 3 years has been flatlined and a month or two ago starts jumping from flatline to .0002 then to .0003.....with spikes to .0004. Like I said, it's been flatlined for years.....
Gee you can say that again. One of them I have been sitting on for the last 3 years and it was flatlined and then all of the sudden one morning while having coffee it jumps from flatline to .0003 then goes to .0004.(TCHH) Made a few bucks but it's exactly what you said, you gotta be patient, your right- lost art...
Sorry been out of pocket Jerry 2.0. Yea that's what a real penny stock that is jumping from OTC to NASDAQ or NYSE.....My buddy got in at .0004 as it was going up at 500,000 and jumped out at a $1.00....Yea the risk, anxiety, and the need for some drugs or stiff drink was killing him so he jumped and after taxes walked away with roughly $400 grand....But that's about like winning the lottery, the more I play with these little stocks the more I figure if I can make a grand or two a year I am doing pretty good especially in today's economy..........
I have had this penny for over 3 years and last month is the first time it started doing the roller coaster tango from .0002 to as high as .0003 and sold off a million last month...hadn't make any money off this penny til last month. Have been told by some reliable people to hold onto it cause this virtual currency and Dr. MaryJane may make a little money before Uncle Sam closes it down, casue he ain't getting his fair share...as the beatles say, "cause I'm the tax man, yea I'm the tax man.....
Yep, every once and a while like Trustcash they make the roller coaster tango from .0002 to .0004 and I sell off a million or two and when it flat lines again I buy back some more......There has been alert after alert saying that expect this penny to go dollar but so far haven't seen it go from hill to Mt. Whitney rise .........
a reference to Bitcoin and med maryjane made this thing fart so just have to wait and see what maybe coming down the road...Lots of folks trying to buy med Jane under the radar screen and with bitcoin and a system that will handle the transaction without showing up on the radar screen can make money.....It's flatlined again but it maybe time to fill the barrel back up again while it's flatlining.....
Gateway industries....GWAY (for some strange reason I can get the picture to stick to this page) it went from .0001 to $2.90 in one shot - 28,900% gain...LOL !!!! Say you had 2 or 3 million shares, you be sitting on a beach in Tahiti sipping Mai Tai's ....LOL drop me an email address and will send you the pictures.....
colleen I think you have a point dear....Try to sell some myself but no luck. They have been flatlined for almost a year, any news girl on what caused it to take off?????? Trustcash after 3 years of flatlining also took and made a run to three and now it's flatlining again........Sounds like munipulation (pumping) to me........
Yea, it's been flatlined for almost 3 years that I have owned it....it's involvement with bitcoin caused it to start farting and sold a little of it and made some mad money but for the most part it appears the dragon is about to go back to sleep......and folks are picking up on it at $.0001 again. Could this be it for awhile??????? Would like to hear some opinions........
Whatever the action is with bitcoin it's working, this stock has been dead (flatlined) for years..........
Yea, about 2 years ago they issued a worthless dividend if you had stock with them. I know I remember having about 2,000 given dividend shares with a 876543 (etrade) number on it, and you couldn't sell it, and so just recently I have written if off as worthless stock dividend. So if I can make a few hundred dollars off this stock I will have made my money back.........
Chompers, I too am watching, and wondering if someone is just bumping this stock or is there real activity going on in their business......Tried selling some shares at .0002 but no takers...it's been about 6 or 8 months since I have seen any activity from this penny......You hear anything?????
Chompers, it farted today which tells me the gas is building....QOIL years ago gave a dividend stock for those who had stock with them but they were never released for sale, so I let mine go as worthless stock. With the activity going on in the oil and gas world I would expect movement just anytime now. I am down here in Houston and all the chemical and refineries are under Mega expansion and you can see the above ground storage tanks waiting for canadian crude arrival soon. The southern half of keystone is already here. If they are involved in the oil and gas extraction they ain't gonna stay dormant for long too much $$$$ to be made....................
Yep, it's sounds like their involvement with bitcoin set this dormant penny doing the roller coaster ride...Been years since I seen any action with this penny. Sold some of the shares today and will hold onto the rest to see where this puppy is going.....
Yea like, here's our yearly revenue intake, our liabilities, and our assets....then a message from the management, "now you make the decision."....yea, I know, I am living in cinderilla land....Most companies that really do well will share that info with stock holders.....
Love your optaizism Jerry and your are right ""remember to have fun with this."" This is not a $1.5 billion dollar gamble on blackberry...... Its just low cost penny stocks.......They are a gamble but sometimes they can make great gains.....Still have a screen shot of gateway electronics going from .0001 to $2.10.....Yea, it can happen without a merger.......thanks for the reminder Jerry !!!
Yea, that makes alot of sense. Like you said, they met their obligation by releasing the new shares to the old owners, now it's time for them to move on with business and hopefully us old farts will sell off, make a few dollars, and count our blessings that we didn't get screwed in the merger but giving us nothing at all. My shares converted last week, been thinking about letting it go and chaulk it up for experience. I have been told by the etrade people that when these penny stock companies talk about mergering it's like playing dice on a Reno crap table.....Take the "RISK" and roll the dice. Thinking that selling off before merger is a better bet.
I haven't seen any movement from this stock since I bought it about 3 years ago. It's been flatline all the way. Little to no volume whatsoever. Please engligten me??????
Someone please enlighten me. I was still under the impression that QOIL was still dealing with a settlement to the Texas Railroad commission????? I have seem some movement in this penny but for the most part it's been flat line since summer of last year.....Hopefully it won't be another merger..mergers in pennies has been very disasterous here lately.....Of course I have to remember once again these are penny stocks which means "RISK" !!!!
What a pleasant surprise. They finally released my shares to Etrade.......Worth less than what I had with sebastian....BUT maybe there is a light at the end of the tunnel and that it is not in the form of a train..............Any chance of it going to $.50 or a dollar?????
NYSE or NASDQ would be nice.....
OTCMKTS:NVOB-----Don't see NYSE......Still a penny to me....
I still can't sell my shares, mean while the company can sell theirs?[color=red]Your not alone in the boat...etrade hasn't released my shares eaither. But I will say this again as they have told me at etrade, "these are OTC- which means little or no regulation at alll and very, very, very (did I say very), very hi risk....It may take a year or so or it may not happen at all. It getting to the point with pennies that when they say RS, it's time to fold. I would have been wish to let SBRH go when it was .0003. But I am learning. I am going more for dollar stock that have NYSE on them. Less of a risk......Again, you are not alone in the boat. Will hold the remainder of this year then clean it out and write it off on my taxes.....It's money I would have used otherwise to party with........No real big loss.
Not to mention lack of motivation, lassitude, inattentiveness, loss of concentration (think about DRIVING!)...etc.etc. Dam I couln't have said it any better...not to mention short term and long term memory loss when you get into your mid years (40 and over), the chronic bronchitis, and long term respiratory problems have accompany long term use of the product....Yea, used to smoke the crap back in the late 60's and 70's...Stopped using it when I got into the corporate world where they drug test twice maybe more a year.....Yea, even they know about the long term effects.......There is a purpose why the corporate world gives you a drug test...First time this stock does over .0002 or .0003 I will bail......
So am I reading this right, sometime in April of 2014 this aquistion is to be completed??? Somebody please enlighten me on this because I do have a couple hundred shares that I would like to liquidate. Not interested in the reverse splits, cause in the penny world it could take months or years before they covert...just ask the sebastian river holdings investors......not weeks but maybe months before you see any action. Filing through the DTC and FINRA can hold your stocks forever...and like the man said, "Our shareholders and
investors should keep in mind that investing in ours or in any stock, particularly
a "penny stock", present substantial risks. Our shareholders and investors should be
informed of these risks and should rely on offering materials before buying our
stocks. As the corporate boys at etrade have told me, "you are dealing with OTC and pennies...You want real reverse splits then go dollar stocks....Pennies and subpennies are better than wasting money on shots of Jack Daniels or Southern Comfort--buying low and selling high ---make a few hundred bucks which is better than pissing it down a toilet.........
Yep, it's hard to sell a company that has financial obligations. Last of heard about them they were on a joint venture down in Venezuala some place making the then Chavez richer. They were averaging .0002 then drop to .0001 and I'd buy a couple million shares and sell again at .0002, did this three or 4 times then they gave us a worthless dividend stocks which I have turned over as a lost for tax purposes.....I'm down here in Houston and the chemical and refineries down here are under mega bucks expansion. Over the next 12 years the oil,gas, and chemical companies here in the states are planning on $980 billion to $1 trillion dollars worth of infastructure remodeling and expansion. Yea shale, fracking will play a big part in this country's energy independence....Houston from what I am hearing on refinery row which is located on the east side of the city of Houston, is about to become the oil and gas exporter in the world. So if QOIL has anything to do with natural gas industry then there is a pretty good possibility of being bought out.....and watch out for these OTC pennies and reverse splits...best thing I am finding out is to liguidate before they split...You could be waiting a long time before shares convert.....Thanks for the update heavenly stars....
Been to busy to keep up with QOIL...Enlighten me, when did they go out of business?????? ----ur right somebody is buying this penny even through it's got no heart beat........
As once again I was told by etrade, these are OTC with little or no regulations whatsoever. It may take two months it may take longer. Will hold onto it for this year then let it go as a worthless penny along with two others that are worthless, but then again I can remember blowing $500 on a once of good dope and not think a thing about it. Buyer beware of reverse splits in the subpenny and penny stock world..As the etrade baby said, do some anaylics before you invest.
Not buying anymore shares til I see the shares I already have released. From what I am seeing it appears they are in no hurry, but if they come in with the price on the new shares as $.0001 or even $.0003 then it will leave a bad taste in everyone's mouth and it's hard to continue operating a buisness when the word is out from your previous shareholders that you threw them under the bus...It has been a learning experience for me and it's just a reminder that once again we are dealing with penny stocks which are a gamble.........
I believe dr.evil or doom is correct in his assessment of the situation. I have had seen one split with encounter tech / pegasus turn into worthless stock and have wrote it off with etrade and another with shares I received from a small drilling firm as a gift, that I couldn't sell so I have wrote it off. Will give NovaCab another year along with another two stocks I have then write them off if I see no action whatsoever. Dr.evil / doom has a point and etrade has told me the same thing he has said, pennies are a risk, regulation is in the gray area, and are what they are---a gamble
Isn't this the company that merged with PEGASUS TEL a year or so pack and provided ENTI's shareholders with shares of PEGASUS stock????? Yea, they locked me out of selling those stocks so here recently I wrote them off as worthless. Give ENTI about another year and if don't see any movement it's time to adidos.......Someone please correct me if I have the wrong info......
I have a date of 11/11/13 which I believe is the date they began the merger. It's been 6 weeks and my old SBRH shares have not converted over yet. Nothing more to do here but see if Novacab survives and if nothing happens by summer of 2014 (LOL !!!) then it will be time to have it cleaned up as worthless penny.....I have already done this with about 4 of my reverse split pennies that locked up after the company merged.........That's the risk you take with over the counter stocks or buying out the back door stocks as a friend of mine has told me.......