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Two identical deals with two different individuals; Al-Sagri and Abdul, both from Saudi Arabia. Good news if you buy in at 3 is that it's only 2 ticks to 1; LOL. One hell of a percentage loss however, especially considering that you can't sell for more than 2 if you really had to bail on the position right now. So many more better plays these days that actually earn a buck or two.
Great question! I have my research project for the night. I have a thought but I want to confirm it first.
Or, finish paying for the St Elie expansion....see FB.
Not yet at least. More upcoming dilution is worse and guarantees a RS. HA, ain't that some sheet!!!
Are you sure? The opposite of everything stated by Francine is what has actually occurred since last May. No R/S was one of her statements, so it's most likely on the way...and now that she has taken the company to non-reporting status, no one will know for sure until it has been done.
Got another 1000 here myself. Next buy is at 1.85 and plan to double up if we see 1.50
My next price point, 2.10 is getting closer. Plan to add there and then again at 1.85, if the drop continues...try to accumulate as much as possible at these levels, watch for mini rallies to lock in profits, and capitalize on the larger move when oil moves back towards 40. This looks very similar to the action in NG a few weeks back which made for an easy 100% gain.
If SL was being truthful about his massive accumulation in the fall when prices were in the trip 7 - 9 range, and factor in some exaggeration, maybe he only had 1/3rd of the shares he claimed and finally got tired of the failure to deliver from Francine??
Haven't seen him in these parts for a while; nor has he been on the other board that many have posted at times; only a couple of posters over there.
Sure looks like a dilutive trade even though it didn't go through a known dilution MM...that's why I think it was most likely SL or someone else who was holding millions and finally grew tired of being in the stock. The bad news is the question of why didn't they dump before 12/31? Did they not have profits they needed to offset; or, did they reccently learn something that hasn't filtered to the rest of us convincing them it was best to dump shares?
A small move did move the D; but it has moved to such heights that folks were looking for any reason to sell and take profits. A .20 move in WTI will not move UWTI so dramatically.
I've gone long here at 2.38 yesterday and plan to add if prices drop; looking for 2.10 level to average in more shares. I believe we will see $3.50 - $4 by the spring; if not more.
UGAZ worked out wonderfully from 1.41, can't wait to see how well this work out from these levels; although, I don't expect the turn around to happen as fast as it did in NG.
What good news??? That financing was secured that will create more dilution in two years when the loan fails to be paid off...after Francine stated she would never again use dilutive financing again to fund the activities of BRWC.
I was excited about the finance deal in conjunction with the proposed UEA deal, and it COULD still turn into a positive proposition...however, based on the performance of the last few years; this is only going down.
Good news...only a couple of more ticks until it hits bottom; at least as far as retail traders are concerned. Reread the August letter to share holders...that's the company I invested, not a company that touts the news of a casino being built across the lake???
GLTA
With time to wait...you're going to be a happy man! I wish I had that much to load up on EMES! I've got the time, LOL, but only 3000 shares, added some this morning. GLTU
Ranger...great post! You have summed up the approach anyone should take with any investments...do your own DD, trust your own DD, be responsible for your own DD. I too believe this will make some money for those holding long from this price point and do not worry about the legal issues of others who have used VGTL stock as their vehicle to defraud. We have a CEO with a proven track record of turning companies around and she has made it clear that something is in the works.
I too am on a one post per day restriction, LOL, I think many of us are restricted based on the reduced activity on this board. LOL.
As long as the PR comes from boreal....yes, it does! LOL
Bingo....that is the $64,000 question!
If the deal with the UAE is announced, we'll see a run, it will just be one of those runs that will roller coaster up and down until the pps settles at a new level. PPS is settled where it is now until REAL news is released and may continue to drift downward as people get tired of waiting if Francine continues to do nothing. This ain't Nestle and it ain't Nissan and there is no need in anyone trying to make such a comparison. I'll hang on to my 2 mil shares I still own for a while on the off chance that something pops and maybe my GTC order at 18 will get filled?
This sure isn't the winner it appeared to be last June when I jumped aboard buying just under 10 mil shares over the next few months. Francine did say all the right things, release good information, and promoted a promising vision for the future of the company....and MAYBE it will still happen....but since then, she has proven to not always be truthful and if the "text" she supposedly sent to 360 is true, she is extremely unprofessional. It's all too bad because she really is sitting on H2O Gold, to quote another poster, she just doesn't know what to do with it at best and at worst, she has defrauded investors by using BRWC as a shell for St. E.
No financials means no accountability, so much for rewarding the loyalty of those who rode through all the dilution with Francine.
Where's the dump? It happened at .0010 2 1/2 months ago. Don't forget your history.
This is one year old and did not translate into increased sales or share holder value.
True, and for the ske of the shares we still own, I hope your correct. Someone has to have a positive, productive view to what's going on with Boreal and Francine to counter the negative view many of us have after her poor performance following through on her word in 2015. Hopefully, this new year will be better. I'm thankful that my avg is at 6, rather .0020+ that I read some are are holding.
Your DD shows some considered thought, someone may hijack it and start to copy and paste it two or three times a day as their own since statements from last March are no longer too relevant. LOL!
Have a Happy New Year!
Ok, I looked at the satellite view, I see 7 cars in an employee parking lot built to hold about 40 vehicles. I also virtually all semi trailer bays with a trailer filling the bay which indicates now activity. Watch manufacturing plants when you drive by, you will not see so many trailers filling all the bays in an active plant doing millions in business, if they're doing that kind of business, the bays are generally empty because trucks have been loaded and are out for delivery.
Ah, but you say all the trailers are likely being loaded and about to leave to make their deliveries. Where are the rigs? Active manufacturing plants and warehouses may have trailers filling the bays and getting loaded with product, but they rigs will be hooked up to the trailers and ready to leave the yard once loaded. There is not the kind of activity going on here to indicate millions in revenue such as the stated China contract should produce;rather, the activity suggests a dormant warehouse with a minimal workforce...at least at the time of the photo.
I do like using the satellite imagery as part of your DD! GL!
There is one photo of the Boreal Baby Water. Otherwise, all the photos are the same ones you will see on the Saint Elie FB page promoting the wonders that is St. E.
Now you're just being negative, and negative always brings on outdated copied and pasted messages from our favorite poster. LOL. Then again, I said 3+ years also. Assuming everything is a go and the place is built.
I work with such projects all the time, and not everything announced is built. Besidss, that pr had nothing to do with Boreal operations.
DDAMANDA definitely agrees giving VGTL a 19.46 drag ratio. Those familiar with ddamanda know how strong a signal that is. For those unfamiliar, this means VGTL is more likely to increase 19.46 times greater than its prospect of going lower.
Shares are being accumulated and the pps is going to jump soon.
Just my 2 cents for today. GLTA
Very well put JBG!
You are correct, the company is delinquent in their filings and I invest knowing this fact. However, next time you quote me, please do so within the context of the original statement. I do not appreciate you taking my words and twisting them around.
Sorry but this type of detail is no where near being worked out. I work with Hyatt, Hilton, And Marriott on such projects with my business and absolutely say that the announcement of such a project is often 18 months out from ground breaking and construction then takes another 15 to 18 months minimum....nope, this is one detail that is not worked out. The PR release is fluff meant to distract and generate a conversation that maybe Francine has something in the works.
Great post AK!
VGTL has done nothing wrong here, it is Edward Durante who was the wrong doer. It is unfortunate that he chose the stock of VGTL as his avenue to defraud people. It is unfortunate that penny stocks are susceptible to such fraud due to their limited oversight, but this stock was also attractive for such a fraud due to its SS and lower float that made manipulating price swings easier. It is the lower float and SS, in addition to the involvement of AA that has made this stock attractive to many and why it will move into pennies if a RM or joint venture are announced with the right partner and the reason many of us are invested here.
Take advantage to average down or accumulate more shares at this price if you believe AA has the ability to deliver share holder value . As a result of Fridays news, shareholders are no worse off in the idea of halts or pps plummets and unfortunately their will be an announcement in the near term of another pinky having its pps manipulated by another Durante. If he were a board member or active management, I'd have been worried, but he was just another crook stealing from small investors.
This is my one post for the day a maybe my last until e new year, so go VGTL! Remember the potential of the stock which you own...to go up, or go down. It all depends on the direction and announcements that come from AA.
Have a Merry Christmas and Happy New Year!
Geo, your numbers are great! I've ran numbers and continued to come up with a minimum pps in the range of .003 - .005 and a maximum of .027. Any of those numbers would make a lot of folks happy these days.
The issue isn't the value of the company or the quality of the product; the current valuation is the value of the CEO. Investors just don't believe that Francine is going to deliver on her promises based on the filings, financials, and auditor issues over the last year. I don't believe anyone is even concerned with misstated numbers from previous years.
Just this year; Boreal diluted billions of shares, promised no more dilution, promised updated numbers showing sales from China, promised 10Q for Q2 and Q3, promised audited FINS that covered both this year and previous years misstatements, promised news regarding water supply deals that would bring Boreal to near capacity production.
What has actually occurred; dilution early in the year, a fired auditor, the announcement of a financing agreement for $250K (which if not paid in advance will be more dilution, which she promised in an 8K not to do again. Also, if that loan has to be paid through dilution, it is forgone that more shares will have to authorized or a RS will have to occur to accommodate the dilution.)
Boreal has incredible potential with a great product, but the current pps is based on a complete lack of faith in Francine. Even though your numbers and my earlier numbers are logical, until Francine starts to deliver on the things she says she is going to do....this share price will continue in the trips.
I'm buying, not selling.
Glad you did! I was about to start searching for it because I remember that nonsense post. I'll let you post it and I'm going Christmas shopping. LOL
Have a great day W!
Hummm....last bid at 67 that was filled was me. Now the ask is down to 67. I'm gonna see what the action does the rest of the day, maybe I can get some 63's? I assume that to be your current bid?
I'm appreciating it..adding to what I have today. Would have gladly moved my bids up at the end of the day to hit the ask, but like you said, someone is giving away 6's. I'll place one more bid today, lets see if it gets hit, or if I get to tap the ask to close the day.
Nope....only 6.
James, I'm long here too, just like most of the disloyal, dissatisfied shareholders that you say is a very small minority. The concept that the "CEO is testing" our loyalty is ludicrous!
I am loyal to the extent that I see the potential to profit with my stock holdings over time; sometimes it's a buy and hold and other times it is a quick flip. Make no mistake that their is not a single person holding BRWC stock that isn't going to sell...flip...their holdings at some point, even you and shorty will sell at some point. Does that make you disloyal? Or, are we only disloyal because we dare ask difficult questions?
I promise you that if the pps of BRWC runs hard in January (for tax purposes as you say), I will profit just as much as anyone else; even though I've been disloyal and asked difficult questions and pointed out questionable practices. Francine is not my girlfriend testing me on my loyalty and faithfulness to her and she is not testing anyone's loyalty to Boreal. If she is, the company is in serious trouble!
Boreal....great product! Francine....questionable CEO! Answer the questions please.
You know stress levels tend to increase dramatically when you're pulling something slick.
What is the the maneuver of the day that Francine is up to nowthat is causing her stress?
That is not what he said, Buzzy is merely trying to explain in his last couple of posts that this is not as simple of a proposition as it may appear. We will all get the spin off shares that were promised, and reading his updates yesterday, I think it will probably occur in January sometime.
Relax, you had no shares of Fernhill prior to 10/30, have no shares today, but will have shares in the near future. Sounds like you have the money spent already from the shares you expect to get 1.50 each...at least that's how I would interpret many of the messages if I were Buzzy.
I'd have to think seriously about not doing anymore spin-offs if the majority of messages to me were negative and continued to attack my integrity and call names that would never be said face to face. I, along with many others, am very thankful for the spin off shares and have no problem waiting...however, my perspective is a little different because I don't intend to sell my shares immediately upon receipt.
Reminds of the welcome to town sign outside Lueders, TX I used to see as kid riding through town with my parents:
Welcome To Lueders
Home to 963 Friendly Folks...And 1 Grouch!!!
Welcome to BRWC
Home to 985 Shareholders Holding the Bag and Out of Sight...6 Shareholders Still Interested Enough to Ask About Legitimate Concerns...12 Flippers....And 1 Very Happy James!!!
Question for those who have been trading pennies long-term; has anyone actually seen and/or been through a spin-off like the one we have here? I've posted with Blue about the likelihood of investors working together to maximize value through an orderly sale of a few shares over a period of time so that the SP does not plummet and all are able to profit at the highest possible levels on VGID's board and have doubts that will occur.
However in researching spin-off's, I've seen a couple that and the price action actually showed an increase from the initial share price over the first few days before embarking toward a progressively lower share price over a period of time that might be 5 - 7 days and as long as a few months. If that occurred, we will all be satisfied, but that is with issues that spun new shares off using an IPO approach in which a new ticker was created from scratch. (That is how Buzzy originally tried to spin out FHBC.)
Here, we have a combination of a Reverse Merger and a spin out of a new company. RM's seem to generally occur with companies that already have a pps that is in the trips; not 2.50 X 5.00 (currently 1.50 X 2.00), and their pps generally increases due to the prospects of being merged into a clean company with the potential for positive earnings and growth. THIS TRULY IS A UNIQUE SITUATION IN PENNYLAND.
So what do you veterans think will happen??? I am hopeful that we don't immediately spin the pps to less than .01 overnight although I do expect to see pps drop soon after the shares arrive in our accounts. I am hopeful the SP can settle in .20 - .25 range while Fernhill gets her sea legs, but I doubt that happens as the key word is hopeful.
Is she posting as james? This is the only forum he posts, could that be Francine?
I guess you're now just the 5th one of 1004 share holders to show some dissatisfaction with #1 CEO.
Thank you for your hard work and generosity. Have a Merry Christmas and Happy New Year!
You were touting 11% ownership for Francine a few weeks ago...called me a liar when I said you were wrong.