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Took some GBBT $ 0.0011. From last 10Q.
""Robert Rowe, the Company’s CEO issued 206,000,000 common shares for accrued & unpaid salary, Ronald Rowe II issued 48,000,000 common shares for accrued & unpaid consulting fees" Nice insider holdings."
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12393664
Took some $GBBT $ 0.0011 509M OS. @GlobalBoatworks "Robert Rowe, the Company’s CEO issued 206,000,000 common shares for accrued & unpaid salary, Ronald Rowe II issued 48,000,000 common shares for accrued & unpaid consulting fees" Nice insider holdings. https://t.co/KlOxfMBeLS
— TheLionAndTheLamb (@CrowningProfits) December 19, 2017
Took some GBBT 0.0011.
Took some $GBBT $ 0.0011 509M OS. @GlobalBoatworks "Robert Rowe, the Company’s CEO issued 206,000,000 common shares for accrued & unpaid salary, Ronald Rowe II issued 48,000,000 common shares for accrued & unpaid consulting fees" Nice insider holdings. https://t.co/KlOxfMBeLS
— TheLionAndTheLamb (@CrowningProfits) December 19, 2017
LVVV $ 0.0026 LiveWire Ergogenics Further Develops Foundation to Accelerate Growth Prior to Recreational Marijuana Laws Taking Effect
https://globenewswire.com/news-release/2017/12/13/1261265/0/en/LiveWire-Ergogenics-Further-Develops-Foundation-to-Accelerate-Growth-Prior-to-Recreational-Marijuana-Laws-Taking-Effect.html
https://twitter.com/livewireLVVV
http://www.livewireergogenics.com/
https://www.livewireenergy.com/
Fact is fluffy?
ELTZ $ 0.0008 ELITE Group, Inc. specializes in the acquisition of assets related to the oil field services. Management’s objective is to acquire and consolidate oil field service assets in the prolific oil and gas exploration areas – primarily in the Permian and Eagle Ford Basins.
Currently ELITE Group, Inc. is acquiring oil and gas service companies that are operating in both of these basins.
https://www.reuters.com/article/us-asia-oil-appec-permian/chevron-to-invest-4-billion-to-boost-permian-basin-output-idUSKCN1C00PS
Ryan Krogmeier, Chevron’s vice president of crude supply and trading, told the S&P Global Platts APPEC conference in Singapore that the company would increase its output from the Permian Basin, largely situated in Texas and New Mexico, to over 400,000 barrels per day over the next few years.
“We will be investing roughly $4 billion, next year, of capital in the Permian Basin, and we plan to grow production over the next several years to well in excess of 400,000 bpd,” he said.
Chevron expects crude oil output from all producers operating in Permian to rise by 1.4 million bpd in 2020, from 2.4 million bpd at present.
“The Permian is the powerhouse (of U.S. crude output growth),” Krogmeier added.
October 26 2017 8K
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12340348
On September 13, 2017, Elite Group Inc entered into and executed an agreement to purchase Pirate Oilfield Services.
Pirate had revenue of $6.5 million in 2016 and $3.5 million through July 2017.
ELTZ $ 0.0008 Could Permian Basin Drive Growth in US Crude Oil Production?
https://beta.marketrealist.com/2017/12/permian-basin-drive-growth-us-crude-oil-production
US shale oil production
In its November Short-Term Energy Outlook (or STEO) report, the EIA (U.S. Energy Information Administration) forecast that US crude oil production in 2017 would average 9.2 million barrels per day. For 2018, the EIA forecasts crude oil production to average 9.9 million barrels per day, which would mark the highest annual average production, surpassing the previous record set in 1970 when crude oil production averaged 9.6 million barrels per day.
Permian and Gulf of Mexico to drive growth
Most of the growth is forecast to come from the Permian Basin and the Gulf of Mexico. In its previous STEO report released in June, the EIA forecast that the Permian region would produce 2.9 million barrels per day of crude oil by the end of 2018, or almost 30% of the total US crude oil production.
As we can see in the above chart, Permian production is expected to increase by 515,000 barrels per day between June 2017 and December 2018. Production in the Gulf of Mexico is forecast to increase 344,000 barrels per day in the same period.
Key Permian players include Chevron (CVX), Apache (APA), and Concho Resources (CXO). Top players in the Gulf of Mexico include Anadarko Petroleum (APC), Noble Energy (NBL), and Hess (HES).
Production in the Permian Basin has increased despite a low oil price environment in the first half of 2017.
This may not mean much to most of the people reading it but if you actually know Elite Group and what they are trying to accomplish, then this will be an encouraging article. They are in the right spot and at the right time.
Took some ELTZ $ 0.0007.
I think we should all be basing the OS around 500M. That's how I'm doing all my calculations.
I believe we're about $ 20K more to go in notes. So that's around 30M more shares. These are all estimates based on my observation, reading and notes.
FNHI 0.0151 and ask is thinning.
You can't blame them. There are some really good, well meaning shareholders here still but they have been hurt and are tired. It would be good if the filings were timely. This will do well.
FNHI $ 0.014. 85M float. A perfect tax loss candidate play. Say what you will about the CEO, but the value is there.
FNHI 0.0137.
Took some FNHI 0.0121. 126M Outstanding Shares. 85M Float.
Took some FNHI $ 0.0121.
It sounds like you're a new potential investor. Call Terrence. Please. You'll understand the value better for yourself. The only issue I have with ELTZ is that filings, PRs are frequently delayed but they do come and what he has been saying he will do he has been doing.
He's had to turn work away because they didn't have enough equipment, the last 8K and financing helps getting the equipment in hand and they can now get going on the work they have already guaranteed to them.
My guess is that by the time GS and Adar Bay are done, the OS will be at around 380M.
This is the OS from 2 days ago.
Kim Whiteside <kwhiteside@islandstocktransfer.com>
Dec 13 (2 days ago)
to me
X there are currently 357,631,574 shares outstanding.
Thank you,
Kimberly Whiteside
Island Stock Transfer
As far as PPS, that one requires some thought, I understand from the previous filings and tweets, that ELTZ could be looking at around $ 7M in revenues next year. Assume OS at 400M and that kind of revenues, the price should be better than $ 0.0009. I just got filled for some at $ 0.0009.
You're not reading it correctly. The GS Capital last line..."The balance as of September 30, 2017 amounted to $22,369 comprised of principal balance $51,700 and accrued interest of $2,397, net of remaining debt discount of $28,844 and original issue discount of $2,884, respectively."
Please read note 5 of the last 10Q.
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12394693
I have no idea just like the rest of you how much is left but based on the volume this week, they are close to being finished.
GS Capital Partner, LLC
On May 12, 2017, the Company entered into a convertible note payable with GS Capital Partners, LLC. The $51,700 note payable, includes $4,700 of original issuance discount and net cash proceeds of $47,000, and bears interest at a 8% per annum interest rate. The note matures on May 12, 2018. The note is collateralized by the reservation of shares of the Company common stock equivalent to 400% of convertible shares. The note is convertible into shares of common stock at a price equal to a variable conversion price of sixty percent (60%) of the volume-weighted averages the fifteen (15) days preceding the date of conversion. The fair value of the note has been determined by using the Black-Scholes pricing model with an expected life of one (1) year. The Company recorded amortization of debt discount and original discount interest in the amount of $18,156 and $1,815 during the six months ended September 30, 2017, respectively. The balance as of September 30, 2017 amounted to $22,369 comprised of principal balance $51,700 and accrued interest of $2,397, net of remaining debt discount of $28,844 and original issue discount of $2,884, respectively.
Adar Bays
On April 25, 2017, the Company entered into a convertible note payable with Adar Bays, LLC. The $50,000 net cash proceeds received in the note payable bears interest at a 12% per annum interest rate. The note is collateralized by the reservation of shares of the Company common stock of 40,000,000 shares. The note matures on April 25, 2018. The note is convertible into shares of common stock at a price equal to a variable conversion price of fifty percent (50%) of the lowest trading price for the twenty-five (25) days preceding the date of conversion. The fair value of the note has been determined by using the Black-Scholes pricing model with an expected life of one (1) year. The Company recorded amortization of debt discount in the amount of $21,643 during the six months ended September 30, 2017. The balance as of September 30, 2017 amounted to $24,241 comprised of principal balance $50,000 and accrued interest of $2,597, net of remaining debt discount of $28,356.
Alright dude. I'm not going to go on here trying to convince anyone of anything. Please do your due diligence. I explained your questions in an earlier message, based on my understanding of the filings and responses to questions posed to ELTZ.
I agree with that. It always seems to be the earliest way to signal end of toxic dilution.
Like all of you, I'm keeping watch for Terrence to either tweet or 8K that GS Capital and Adar Bay are done. L2 activity should also be an indication.
Took some ELTZ $ 0.001.
Mammoth didn't sell any shares yesterday. They are also certainly not selling it on the bid. Please understand the subject before you post. Call Mammoth and ask. The sellers are GS Capital and Adar Bay. When they are done, this will go.
Took some PAOG 0.005.
Took some PAOG $ 0.005.
Took some VICT $ 0.0021.
One word. Dilution.
There was around 20M in print yesterday. That's GS Capital and Adar Bay. They are winding down their notes. The rest of the notes have been bought by Mammoth. Once GS Capital and Adar Bay are done, this will move up nicely and my guess is that the OS will be around 380 to 390M by that time.
For anyone seriously interested in ELTZ, Terrence is always willing to help explain what he envisions for the company. With Mammoth on board and understanding what the company is planning, we should see very good appreciation in price once these 2 notes are behind us.
I believe Terrence has mentioned this before but he's looking at around $ 7M in revenues for next year. So you have a company with master services agreement in place for work that he's having to turn away because he just doesn't have enough equipment or he didn't until all this financing, with around 400M OS, working on contracts for 14 well pads, making $ 7M a year. Yes, $ 0.0015 is a great value.
I believe we have a great opportunity at these prices. The timing has been a bit delayed in the delivery of acquisitions, filings, etc. but the company has always come through with what they have said. I'm hopeful that we will reflect back at these prices and be thankful for the buys in this range.
Took some LVVV 0.002.
Took some LVVV $ 0.002.
ELTZ 0.0014 outstanding shares update from Transfer Agent.
Kim Whiteside <kwhiteside@islandstocktransfer.com>
10:54 AM (52 minutes ago)
to me
X, there are currently 357,631,574 shares outstanding.
Thank you,
Kimberly Whiteside
Island Stock Transfer
I don't have anyone's ear man. I'm just persistent. I have to deal with being ignored, being hung up on and told to "screw off" but I'm persistent. As always, all shareholders are allowed to call and also make suggestions.
I have an email to TA to confirm the latest OS. My guess is we should be around 380M.
ELTZ $ 0.0014 EMA34 on daily chart at $ 0.0018 would signal a very bullish return here.
ELTZ 0.0013. Notes appear to be finishing off today. Nice 8K as well. https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12427261
This is just a guess, but I believe we see the last of the shares today from the other dilutors on ELTZ. They should be done today with all this volume.
I suggest you or others call Terrence as I did to get an explanation and it's very simple. All "toxic" dilutors have been bought out by Mammoth. The only one Mammoth could not get to in time was GS Capital and one more, I can't remember and those were the ones selling out the last few trading sessions.
Mammoth and Elite have a verbal leak out agreement where Terrence and Brad Hare of Mammoth have agreed that Mammoth will sell shares, yes, but not dumping them into the market as we see in the conventional sense. They will sell into volume at ask. Their goal is not to cripple the company but to help Terrence grow the company through acquisitions, mergers and help him buy equipment to run his business.
Elite has master service agreements in place to help out on 14 well pads next year. This will be a big revenue generator for them.
There are no other lenders now other than Mammoth. Of note, Mammoth is also helping ELTZ work on getting a bank loan that Terrence can use to pay off all debt, including Mammoth.
Lastly, you can confirm all of this by calling Mammoth Corporation. Brad is really easy to speak with. His number is 847-540-5044.
I remember BGCE and WDCO on the initial epic OWCP run. Just saying. Does not mean anything perhaps.
LLLI $ 0.0149 a good close. Interesting tweet. Email sent to Lamperd to confirm the validity of the tweet. This would be pretty significant development. No convertible notes. Good value at this price but with any AS reduction, it gets better.
$LLLI - Only 147 mill in the #Float. No #convertiblenotes. Rumors of reducing the outstanding from 1 billion shares to 500 Million.
— All_About_Stocks (@SpotlightNStock) December 12, 2017
This is my socioeconomic #stockPlay for this coming year. pic.twitter.com/C3nc1tRFiH
STBR, now FTMR at $ 2.50 range.
Took some MKSEF. If it's half as good of a value as your STBR was at $ 0.25, it'll be a great buy.