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Okay, let's be conservative. Let's say they didn't pump any oil at all from the land. The price of oil has fallen dramatically in the last 2 years. Wouldn't that also devalue the land as well? If the reserves were worth 7 billion 2 years ago and the price of oil was slashed in half the value of the land would be worth half as much as well.
How have these guys not been prosecuted yet?
A lot of oil could of been pumped in those 2 years. Correct me if I'm wrong, but wouldn't that decrease the value of the land?
How long do you think it'll take to Approve?
Nice investment strategy!!!!
This won't make it
I bought in at .0048, missed the last run while I was on vacation :/. I would of been long gone by now. Might as well just wait and see what happens. It was a small investment anyways.
Death spiral
What happens after all notes are converted? The CEO is just going to issue more
82,000,000 OS!!! At this price?
How can I get ahold of these bonds?
It's been awhile since I've looked at this company. How is phase 2 going?
They are saving up to pay for the next pump and dump PR ??
That doesn't mean somebody loaded? Just because the ticker traded 100 millions shares doesn't mean anything. It's like me giving you a 50 million shares and then I buy them back. That's 100 million shares traded. That how MMs work. They trick you into thinking there is volume when really all they were doing was trading shares back and forth.
That means absolutely nothing
Every stock on the OTC is one big LOL. Including SVTE. Don't believe anything anyone tells you on this board (Ironic I know). Dilution will never be over. Nobody is loading, idiots are just buying. SIMPLE AS THAT
Who said it was over?
This stock is worthless
Went ahead and Sent an email to MCV companies. Asking about the acquisition just to see if this even exists lol.
I personally don't think the CEO is doing anything wrong. Just manipulation from other people trying to get cheap shares at this point. Bc while you are selling the same people telling you or trying to convince you to sell are the ones buying your shares... Just sayin ;)
I'd buy more but I'm out of money. Got a .0048 average. Do you think that's a decent holding price?
That's what I'm sayin! These investors are acting like this is a multi-billion dollar corporation and that these companies operate in the shareholders best interest which is not the case. The only reason for these absurd price swings is from the manipulation you find in your everyday penny stock. Just have to be patient and ride out the storms or know how to play the the OTC market because it gets rough in the Wild West.
I wouldn't say it's POS of company Bc they do pull in decent revenue for the price at which the shares are at. I do agree with the lack of communication. But is there really anything significant the CEO has to say to us? The shareholders know there's an acquisition, they know there are notes being converted. They know they moved to a bigger facility. What else more needs to be said?
Trust me it is lol
Idk if you were agreeing with me or not I had trouble interpreting that statement lmao
Do you think the CEO's top priority is his shareholders? This isn't a S&P blue chip stock lol.... This is the OTC market. Increasing shareholder value is not at the top of his list. It seems like to me all Bob wants to do is run a business and be successful at it. He honestly probably gives 3 f*** about his shareholders. He probably realized its easier to obtain funds by making his company public and issue shares out than going to a bank and trying to get a loan. Just give it some time. The share price will correlate with the success of the company, it just takes time. Also this is pinky land just about everyone is out here to steal your money.
A lot of unusual volume in the past 1-2 months hmmm
was there a R/S couple months ago?
Does this statement from the most recent 10Q raise any concern?
The Company has an accumulated deficit as of May 31, 2016 of $1,960,511. and is dependent on raising capital through placement of our common stock in order to implement its business plan. There can be no assurance that the Company will be successful in order to continue as a going concern. The Company is funding its initial operations by issuing common shares and debt. We cannot be certain that capital will be provided when it is required.
What is bob funding with these convertible notes
This is interesting idk if I should buy or not
I can see this bouncing between .003s and .007s for the next few weeks till significant news comes out. Good flip money:p
Agreed
Got a .0048 average I feel pretty content about my investment for the time being
It's pennyland.... To answer everyone's question
I don't really see the PPS rising significantly after fins are released. Most the information stated on there is expected by the investors. So nothing new should be appearing on the 10-Q. But I would like to think there could be some unexpected great news on there or bad... Lol
Could be a sign to the market makers
What are the expectations?