Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Never mind, that's the accelerated calendar. My bad.
Benchman, the SEC shcedule I downloaded back in May says the deadline for 10-Q was Friday, August 9th. Aug 14th is the late deadline (assuming an NT 10-Q was filed Monday.) Am I working from a bad document? The document was called "EDGAR SEC Filing Deadlines and Holidays 2013."
Me, too. Just in case. I'll be ready by tomorrow, Monday at the latest. It could go straight up, or have a gut-wrenching tree-shaking decline like last itme before the big run up. Trying to be ready for either.
You mean LOL doesn't stand for "Long Overdue Launch?"
Did shorty give up, or is he just napping?
Even the paint is thin! LOL
This might be a good time to send Jim a brief email thanking him for his hard work on our behalf. No questions, just a thank you. And a thank you to the auditors -- that's a lot of 10K pages, and the 10Q to boot!
Makes sense. When they do start rolling, expect them to put out releases in a way that will maximize share price -- not all at once. Of course, timely news will be brought out as it happens. Funding is the big one.
Bought 7500 at .08...It was just too quiet here...
I've been holding off on predicting the financials because of all the sucess others have been having in that depatrment. But wouldn't it make sense to have them out by end of June, or early July at latest, so accountants can start work on 2Q with a clean slate? I'm going to add a few more shares on Tuesday, when funds become available. GLTA
I think I'm getting what you're saying a little better now. If they paid half the loan off, then they would only have 22.5% left as collateral for the outstanding balance? By the time the loan is paid, the collateral is zero? If that's true, then sweet. BTW, I don't consider you an "attacker", and follow your posts with great interest. Sorry, if it came across that way...
If...and I'm saying if, the loan maker/investor gets 45% of Lily, I would think they would siphon off 45% of the profits of Lily before they reach the bottom line of VHGI. Things are unclear at this point; don't attack Slapper990 for raising issues we all need to contemplate. Stick around Slapper, we need all the voices here.
Oldtimey, I think we're all a bit stressed out because of the uncertainty. Admittedly, I don't have as much at stake here as many others, but here's what I'm doing: I'll give them until August 20th to file something. If they're three reports behind by then, I'll sell at least half. Then I'll just check in from time to time to see how things are going. If we retrace more from here before then, I'll buy what I can; but come August -- without filings, or appreciation -- I light up. This way I'm not stressing out. If we retrace all the way to 0.02 (a 7/8 retracement) I'll just pick up some more. Chances are we'll know something before then anyways. GLTA
I understand everything you're saying. I don't own any shares. I would only look to trade on rallies.
How about using revenue to buy back stock as it hits the open market? Could they soften the blow that way? Assuming the revenue comes in?
Thanks for the info. Even in a best case scenario, it would seem they would have to triple the OS. Now we're talking about a price of less than 0.0015. The only way out is to use revenue to pay off their debt, but they're actually issuing shares to cover "services." This is a tough one for investors. If the price of precious metals were to shoot up for some reason, that could help.
Beezerr34, do you the amount of the note outstanding as of end of last quarter? Are they issuing shares to pay it down, or merely to take care of the interest? It would be nice to be able to estimate when they would be free of this burden. I don't own any shares at this time. TIA.
Certainly hope that's the case. It would reduce any concerns tremendously.
As I read it, 10Q is due tomorrow; or an extension file -- but that's only good for 4 or 5 days. If we don't see it, that would be another late report. If we do, it would be a nice surprise. Not sure if it would impact the price, either way.
You're right, they could go either way. For now, I think CEO has good reason not to hurt the price of the stock. But what if he wanted to go private? He could pick up the other shares cheap, if he unloaded some of his shares, and scared off some "investors." I'm just saying take some off the table at some point...22 cents, 45 cents...whenever.
I believe he would have to get a 10 to 1 reverse split passed, and then bring in his shares. If a reverse split is proposed that would be your early warning sign.
I like the way this has been holding up. Maybe someone knows the trade ban will be lifted soon? If it goes back to .0001, then it's just likely a trading blip.
Sorry about that. $115 million in sunk costs so far. I think I read somewhere that rainy season ends in June, and that one of their leases may have to be renewed in September. Issuing some good news in between might help them raise new funds. It's always a crap shoot, isn't it?
10Q for last five years on EDGAR; average about 5-15
5-20-12
5-09-11
5-20-10
5-15-09
5-13-08
I guess this is for Bill. I'm looking a HNDI, for a small position. This is what I see so far: Magambazi is away from the main gold area, but so is Golden Pride Mine. Nearby (?) Canaco site has tests well over 2g/T. Maybe HNDI will be lucky. Looks like they will have to dilute for expenses this year -- a good time to buy in? And I have questions about when their leases might be expiring. Any comments appreciated.
10Q report. The last four years EDGAR has the 10Q posted about mid-May. Am I reading it wrong?