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Mining sediment. Please try to keep up.
What was the price when this was posted? .024ish? Now .15’s up. Glad I didn’t listen about all the gold mine talk and focused on the sediment removal talk. Imagine how this will play out in another 6 months? Long.
Q1 will trickle Q2 will flow from there forth. Long
The project removes impurities from low-grade oil and turns it into a higher grade of oil, and construction is ongoing, with completion expected shortly.
CMG Holdings Holdings Group will receive seven percent of the profits generated at the facility on an ongoing basis beginning with the start-up of operations.
CMGO will be repaid at the rate of interest of ten percent per annum for money loaned to the joint venture. If this loan is completely repaid by the end of 2024, NVT can buy back CMGO's profit share by making an additional one-time payment to CMGO of $3.6 million. CMGO maintains a preferred status for loan repayment.
If the loan is completely repaid by the end of 2025, NVT can buy back CMGO's profit share for a one-time payment of $4.8 million.
If the loan is not repaid by the end of 2025, NVT will convert remaining debt into equity in its partner company, North Jersey Petroleum Operations, which owns 17 percent of the joint venture.
I forget which sign mark was standing in front of but that was something.
Thanks PEMBROKE1.
Still waiting on my plemco or did I miss something. Tia
Never forget to take some profits
Pink market trading now. Nice. Forward
HC Wainwright & Co. seem to believe good things are coming.
Great news and direction.
Been killed by the negitive Nelly who is stuck in the past with zero forward thinking. I’ve noticed other SM sites picking up chatter.
By now I’ve got to believe our barge is floating and sediment is pumping dollars.
Long
“we expanded our network of distributors and dispensaries by a large number of additional California dispensaries”
A large number? What was it and what is this mysterious new “large number”?
I’ve watched/listened to the last couple Dave shows. Followed the revolving management. The OS. But I can’t help wonder what the lenders heard? They are willing to put up way more than me.
Hmmm?
Jump on it than. I dare ya.
Pretty gosh darn nice looking. https://www.barchart.com/stocks/quotes/WSRC/interactive-chart
Good move on SP today. Big things lined up for the future. Onward and upward!
Great informative meeting again last night. I’m liking the clarity offered by the board. Before the meeting the investor conversation was good as well, except for one speaker who seemed to either missed his meds or continues to live in the past OR has some sort of grudge.
Anyway thanks to the board and the other 99% for helping us stay informed. Long.
IF you participated in phone call your questions got answered. BOOM!
Pictures are not on Smvwcd. That was promised by WSRC!
Good conversation except the one commenter that rattled on about how the company is a fraud because of historical PR’s. Totally irrelevant to this meetings conversation. Good stuff about over pumping and preserving sediment from building down stream. Funding convo. Initial funding approved by FEMA. Let’s roll!
Just a quick look but over 1 mil in last 27 seconds.
Nice grand finally.
How many listeners for tonight’s meeting?
Dang. Wish I had the kahoonas to drop this much in the otc. Go man go!
Wow! Someone/thing added nicely @ noon. Keep er movin!
Ahhh. Thanks
Isn’t the QUARTERLY REPORT
FOR THE PERIOD ENDED NOVEMBER 30, 2022 due soon? Sorry for the caps. I copy pasted from last year’s report filed on 1.13.22 amended 1.20
First off thank you. The amount of sediment in 18 years really built up. Hmmm. Seems like a big job but they need to hire someone to get in there and clean out that inlet pipe at the very least. Maybe remove sediment from the whole reservoir, but that is a huge job and could take years to complete.
TDA showing MC of $13.65 mil. Interesting
Whoever grabbed all those .024’s this am. Congrats. Got a bunch.
Would this be considered “insider” information? Dang. This is brutal
Wow.
Interesting the quiet here.
My bad. It was Jamie black.
Jason Black. That name rings a bell but I can’t remember from where.
Yup. Those were the agenda items. Than they had a open meeting that was available via phone. Also opened up to phone listeners for questions. Pretty informed group they have. Than they voted on items from us agenda that anyone that wanted could listen to. Great stuff!
Read stervc post # 15683 from last Sept. sums it up nicely. More on the subject since.
I’m still here. Just sayin. WSRC long! Just read pr and look at MC.