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Bill, they responded to my email promptly yesterday morning...
Basically saying the same thing, TA has everything and they are just waiting.
info@betamusicgroup.net
I think it will still happen. Just odd they put out the tweets last week saying it is still on track and went radio dark today.
That's nonsense. No excuse for setting a deadline and missing it. These guys are not blue-chippers so image is everything.
About the share reduction...
I got an email back this morning saying everything was submitted to the transfer agent last week.
My questions:
You issued a press release 8/7 first talking about this.
Was 9/30 (a Sunday?) a hard deadline or a would-be-nice deadline?
If it was a hard deadline, why wait just a few days before you promised something to submit it to the TA?
Very strange.
I'm not as frustrated as some people on here who probably bought in the .04-.06 range and are way down as I just got in last week. However, I did commit quite a large sum based on the assumption of the share reduction.
That was certainly a weird trade.
Bids moving up...something is in the works for sure.
Can't imagine they would do anything after hours on a Friday. The announcement should have been on the wires at the Open if they had any idea what they were doing.
Yep. We get to look forward to 200 sh buys all day.
Let's see what nonsense OTCX brings today!
That's a very good point. One I had not thought of.
You are right about that BL. Very strange since this share reduction is "imminent." There were some massive ASKs thrown up today, all below .03. Don't like that.
Okay, I'm in. Got me 436K. Half at .027 and half at .0275.
Rogue, good L2 watching. That was me. Only got 90k filled.
That was just me trying to get filled. Not much of it did.
I may have to keep moving the Bid up though, but you're right. Amazing what people do.
Should have said 40K.
That's all me Chuck. Hope it fills. Only got 50K of it so far.
I'm just still a little surprised we aren't getting an influx of $$$ from Asian investors. Maybe that will change too in the near future. Some one should have told their third cousin's neighbor's Uncle in Fresno there is money to be made here.
Market sure is ambivalent to news on this ticker for some reason.
Seems odd. I didn't invest last week because these guys have no money; they haven't made any in 17+ years. I'm sure the water rights come into play here which means they would be sellers and not buyers, right? Congrats to those who made a killing today and for the future, too. By no means am I raining on your parade.
Curious how they are aquiring this without any money? The PR said nothing about the terms???
benyam, wouldn't hurt to hang on another few weeks for them to sign the official agreement?
That resistance at .06 is just a big stone wall right now.
Thanks Sterling. I always value your opinion and others on here as well. And not just on this ticker. I'm not overly concerned about dilution. I agree with you that this may indeed be a diamond in the rough. Want to see them deliver on something for sure!
I'm still on the fence here. Want to get in, but have seen too many of these that say soon and are still months away. These guys have like $47 in the bank and Notes to pay, too.
Missed that intital pop six weeks ago and will probably wait until it goes down more. Could be completely wrong and miss the big run but will take that chance.
We may get news on the new drilling results even before we hear anything about the LOI. It's about the gold in the ground anyway, right?
I have a feeling those exiting today probably bought thinking ANY KIND of positive announcement on the LOI would drive this considerably higher over one session. Just didn't happen for them.
And remember, they are drilling for gold each day right now while all of this is coming together.
Good volume, but strange this isn't running just a bit.
Smitter! Thanks for all you did, too.
Even better. Can't let a gift like that pass you by.
Bux, that was you at .0453 yesterday? Hope so.
Geez, someone take out that clown who has been moving that 29K block around for a week.
You've been holding this for 3 years? Yikes.
You deserve a big payoff then.
Appreciate your enthusiasm Smitter.
Where was the big announcement and PPS increase?
Doesn't take a trading genius to see when you ASK moves below your share price, people want out.
Just stating what looks like a downtrend. We've had no volume buying and lots of sells the last 8 sessions or so. Could be profit taking, but most of the buys the last 3 months have been in a higher range so I don't buy the profit taking bit.
News has been sparse, drilling equipment was delayed, and then they say they need a few weeks to test it.
My initial take 6 months ago was this was worth .25 WITHOUT the LOI. So they have investors on the ground for two weeks looking at things. I anticipated that those folks would go back home and tell everyone they knew to start buying this like crazy, but that didn't happen.
Just frustrated. I didn't buy this to flip it. I have been holding and haven't sold a share.
I'm hanging on Smitter, just don't like the trend.
Why are you asking me? I have no idea.