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Right on Trisha you are correct
Pew pew pew
Thanks for your reply have a good night!!!!!
$BHGI going to be that stock everyone was like wtf do that come from? I can't believe this thing went to 10 bucks
I have no clue what any of that means. Honestly all that stuff seems to distract from the actual facts that we can verify through Finra as well and the BK docs. Anything else is just noise to me
Volume slowing down is a good thing the float is getting locked down. There were plenty of large bids in the ready to load which tells me there is plenty of interest still just not as many sellers
100% Agree Hdog
Boom!!!! Website is live Orotecno.net.
OROTECNO SA, by definition is a company engaged in mining, with extensive experience in the extraction and export business.Established since 2003, it began operating exporting gold to major refineries in Switzerland and building a bond that has provided the opportunity to have marketing agreements with first class refineries and experience in the US, Europe, India, Dubai and China.
The precious metals market allows us to exploit open-pit mining, alluvial and primary or tunnel. With low production costs, compared to high metal prices on world markets, with the exploitation and marketing business gold one of the most profitable businesses in the world.
Huge bids coming in slaps going off
Nice they must have a PR coming soon I'd imagine with the sordid past and such a bright future the company has made its plan very carefully and strategically as to make sure they are fully compliant in any news they may release. L2 looking really good and extra thin. Thanks for the update OC
It would be great if these yards would stop selling resistance with vfin bidding
Its getting ready to blow
Neither am I. I suggest asking an attorney that specializes in bankruptcy law.
Nice post third leg, also the bankruptcy provision for a single real estate bankruptcy asset allows for debt to be paid off while allowing the company to remain in control which is what makes the OROT deal so unique. It allows SIRG to remain in control whole paying off the debtors add long as it is accepted by the bankruptcy trustee and the US court. Which in turn points us back to the court document we saw released and signed by sirg detailing the terms of the repayment.
Special provisions provided for single asset BK but I'm sure you were aware of that.
The Single Asset Real Estate Debtor
Single asset real estate debtors are subject to special provisions of the Bankruptcy Code. The term "single asset real estate" is defined as "a single property or project, other than residential real property with fewer than four residential units, which generates substantially all of the gross income of a debtor who is not a family farmer and on which no substantial business is being conducted by a debtor other than the business of operating the real property and activities incidental." 11 U.S.C. § 101(51B). The Bankruptcy Code provides circumstances under which creditors of a single asset real estate debtor may obtain relief from the automatic stay which are not available to creditors in ordinary bankruptcy cases. 11 U.S.C. § 362(d). On request of a creditor with a claim secured by the single asset real estate and after notice and a hearing, the court will grant relief from the automatic stay to the creditor unless the debtor files a feasible plan of reorganization or begins making interest payments to the creditor within 90 days from the date of the filing of the case, or within 30 days of the court's determination that the case is a single asset real estate case. The interest payments must be equal to the non-default contract interest rate on the value of the creditor's interest in the real estate. 11 U.S.C. § 362(d)(3).
Nice try using ur bid to flip and sell .002 I know ur game....and its dude
Thanks ole sparky good to see you my friend
When u have a q no dilution is allowed and being that they just came off I see no possible way filings and conversions could be done in time to dilute. That being said OROT was paying the debt off so still no dilution. Market maker at 0035 just a place holder. When we crack 0022 it will break out
Looks like perfect trading to me building slowly into end of day big move. Lots of money flowing in and out here tells you there is lots of interest
Nite got caught showing an ask and then went right back to the bid with the same size. Two tick flippers. They will churn out soon enough
She's about to blow
Chooo Choooo!!!!!
Anorexic Thin $SIRG getting locked down weeeeeeeeee!!!!!!
Most big anouncements are always dome after a holiday weekend and never going into one. I expect we bounce and hear something next week. Friday = Buy Day
According to their filings they owned 90% interest and rights to that mine. I'll have to go back further and check but they may have bought the remaining 10% as well. I was up late reading so I'm a little fuzzy and tired
Doog its always nice to see you in the same plays. Good morning. After reading through all the legal documents again last night and through extensive DD I'm convinced that the copper chloride mine has significant value. The geological maps and reports are so incredibly profound that its undeniable OROT has great interest in this property. I see no other reason they would restructure and pay the debt for an old bankrupt shell. The investment and paying of the debt seems to be a very small price to pay of 1.1 million dollars for a property with a mineral valuation of over 100 million. Also in those court docs OROT clearly states the infrastructure, right of way, and environmental permits and procedures have already been put in place making SIRG's copper chloride mine even more attractive as it's already in a position to be fired up upon closure of the deal.
Thanks my friend. All these plays are most certainly risky but that's the thrill. I'm doing some extensive DD here and may have already stumbled across some interesting info I'll be more than willing to share once I determine its correct. I always like to state facts not opinions. I'll report back once I finish
Broooooo good to see you here. IMO if your gonna run a scam you don't pay off debt and come out of bankruptcy to run one. You simply buy a new shell lmao. This piggy gonna cranketh
He is I talked to him today he couldn't get ihub to load
You never know that could have been the claw on the line earlier but who knows. One things for sure is that guy knows his stuff and is hilarious at the same time
$OWOO needs a daily call in conference call like the one today to discuss major issues surrounding the companies plan for success or its derivative liability of 20 million lol ??
Omg greatest thing I've ever seen that was hilarious
When is the next conference call that one earlier was great
This guy on the conference call is hilarious.
Welcome aboard my friend your in a good spot
Back up the truck this is ur last week. Mark this post
Do you know the terms of the warrants? Because I have yet to see the terms of the financing outlined. What if those warrants are cashless? There is no leverage. And most of the times those warrants are shorted to to make the spread on the way down before the cover and convert which basically mitigates the risk involved on lending a penny stock scam company money. This ain't my first rodeo and ur not teaching me anything I've been around long enough to see how this will turn out. I thought this company might have a shot until they increased the As 700 million but they have killed the capital structure now.
Transferred there to be converted into equity in the future aka dilution