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A company they are heavily invested in us launching a communications satellite for Malaysia and neighboring Asian areas on 6/27
You must have some good stories then….
Other shells Sharp has trade at 5x this current market cap….could see a nice pop here if it all comes together soon
That’s why they cx the deals they had pending (and shut down website/ email etc) as they couldn’t get funding and weren’t going to be able to maintain operations without the p5…plus they still owe $$$ to George Sharp and $forw….I still say Sharp takes over the empty otc shell left behind…then looks for a more legit company to come in…this is just an oil company in name only now….I’d bet by middle of May Sharp is in control of it one way or another…somebody was trying to fill a milly share bid in the .02s the other day….they know something or sense what I’m saying is bound to happen…
Who are these huge bidwhackers? For some reason they can’t sell in a rational way in smaller chunks on the ASK
most likely was one of the parties moving shares ...
He is owed a good chunk of $$ so if he gets the shell, he can eventually get his money back , which is def what he’s looking for ….Mkgp doesn’t have any $$ left to,pay him a dime most likely
I’m telling ya guys….it looks like they are winding down operations and Maverick energy group will cease being an active co soon and George Sharp & co could receive/accept the remaining empty shell as compensation for the large debt owed to them…wouldn’t take George too long to clean it up ( most of debt is due to him and $forw) and it already has a great SS…George’s other empty shells have market caps 5x as high as $mkgp current one….
You’re slipping on your research….they raised around $200k via the reg A ….it’s right in the fins….you are correct in that Sharp most likely has no interest in drilling for oil….but he could get his money back he is owed from MkgP if he acquired and resold the empty shell…..being a non SeC filer, there was no obligation to file that 1-z and Mccabe is Slow and too lazy to file that without a good reason….like maybe transferring the shell to another aforementioned party that wanted no surprises and might try to make the shell SEc filing in the near future…the volume here is solely because of this speculation….Sharp shells even empty trade at 4-5 x these levels …..
It’s been like that forever
I guess somebody wanted out and bidwhacked
Nice reversal, volume and churn….gonna be tough to break .30 and hold it on a Friday, but I’ll be watching
Ugh…these big bidwhackers gotta go
you are right about RS/liquidity....thats another reason to not uplist to nasdaq etc atm...as for S1--- either the funder isnt planning on selling for quite a while and would become an affiliated party ...or they would simply buy 500k shares in the beginning and wait for it to move up enough to make good profit....or they would have an agreement that they can sell them (assuming piggyback rights) upon an uplist to a much higher exchange...or idk---ask mgmt to clarify
prob dont want to deal with a RS right now to raise the price, so otcqb is easier until they can get the price much higher up organically
yeah S1 are notorious for amendments....a tweet about the need and plan for the s1 and maybe why they are shooting for otcqb first instead of a higher exchange would be most welcome...for starters....and some clarity on whether or not the funder will wait until after uplist or not (after s1 approval of course) to start the funding...
That tweet isn’t what people are looking for atm here….I love the volume , but many are just dumping to get out….company needs to explain and clarify a few things…,not to mention a few errors in the s1 filing itself need correction…
Who the hell is dumping into these bids ? Smh….
Someone keeps dumping into these bids….smh…
We def need buying volume…to get this to break .40
Any offering that does occur would prob be done in conjunction with an uplisting
No…that is an AH t trade (settlement trade) for all of those shares sold during the trading day….they are part of the 4.3 ml shares recently added to the unrestricted SS…we are prob under 3 ml of them to be sold still
Let’s see how big of a cross trade or t trade hits today…still May have about 3.5 ml shares to chew thru from the unrestricted increase on 12/29 …
Meh…so many CEOs putting out stuff today, it’d probably go relatively unnoticed by the masses…tomorrow/thurs is prob better tbh
Just need PR and guidance from the company now
The original said “shell” …now says “shell risk” because otc markets hasn’t completely reviewed/confirmed the info in the 8k yet
Agreed…so many things can cause a delay….I’d like to see ceo put out an update if it isn’t actually closed yet , for the benefit of the shareholders
It looks good…..record sales/profits….I just realized that on 06/11/2021 the estate of a former insider sold their 55ml shares to one “Francis Guy Clear” ….the execs restricted shares were sent to the TA, but the new buyers freshly reissued shares are unrestricted(they hold less than 5% of OS)…that party prob paid .005/ shr and is selling down to .01 to get a 100% minimum gain on their investment and maybe agreed to hold for a year….imo this could be why we can’t get any traction on this stock and otcx/otcn is always on the low ASK ….if I’m right, we chew thru them and we start heading north again
There’s nothing concrete proving the deal was actually signed and completed yet….Friday was a federal holiday so we wait
Could def use more volume here
Would love an update from mgmt about now
Can’t understand this big dumper
The 11th was the target date to close the actual merger I believe
One million different parts listed already on their website , in just one category ! Wake up OTC, there’s nothing else on this scale or even close to this size and scalability out there in otc..these guys will be on Nasdaq before you know it…they are building a monster $fles pic.twitter.com/vieEW4LJsJ
— RicoSauve (@MichaelSauve3) November 3, 2022
Most of them are chasing waterfalls, rainbows, and false promises atm….instead of buying in here….we still are holding the 8 day MA so all is well…prob just need one more crew to come in at this point to help break .40
Yessir, just needs volume …Friday and Monday had a lot more volume
The shares are restricted for at least 6 months so a non factor atm
Gotta love it…. Plus ceo Tim also presenting today as well
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Too many traders want instant gratification so they can scalp their 5-10% and move on….they always miss sustained moves….otc is waking up