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Hi I have 4 different accounts (family) with TDAmeritrade. Had shares since April (but PR says August?) In all of the accounts I only got 1 share for every 52 of MNXXF. So, something is not right. Only thing showing up in my 'Positions' tab is 'GEL CN' and no symbol information other than price of .3627
Here is clip from PR:
"Holders of record of Manganese X common shares ("Manganese X Shares") as of August 24, 2021 (the "Record Date") will receive one share of Graphano for every eight shares of Manganese X held on the Record Date. The Graphano Shares have a deemed price of $0.05 per Graphano Shares, resulting in a deemed distribution of $0.00625 per Manganese X Share."
_________
Looks like based on the PR graphano was priced at .05 and ironically .3627/.05 = 7.254, When I divide 52 by 7.254 I about 7.2
So, based on the differences in PR price and price listed in account it is about a 1 for 7.2 split.
Not sure if that's what is going on or not....but seems to add up.
Not able to buy or sell GEL CN in my account though.
Here it is on a Canadian exchange (chart actually looks pretty good). Shows as a higher price because of US/Canadian exchange rate. GEL hasn't traded at .05 so I think all of the above has something to do with it...
Always impressed with your ability to read the markets. Do you have a way to differentiate between accumulation and distribution?
I owned this back around .20 and sold for a loss around .12 because things didn't seem right...
I still keep an eye on it, but it has been never ending dumping...nothing but a scam...
TDAmeritrade-got my GEL CN shares todat....kewl
Buying some more MNXXF....this one should be a winner!
By Kimberly Chin
GEO Group Inc. said its board has approved a plan to end its real-estate investment trust status to become a taxable C corporation by the end of the year.
The company said its board has been evaluating its corporate tax structure and REIT status, which it said it was doing in April.
As a result of the change, the company will incur a one-time deferred tax charge of about $75 million and an additional $34 million in incremental income-tax expenses during the fourth quarter, it said.
GEO Group said it now expects to report a loss attributable to the company of about $69 million during the quarter, and an adjusted net profit between 29 cents and 31 cents a share when excluding the tax-related restructuring items. Adjusted funds from operations, an industry metric, is expected to be between 58 cents and 60 cents a share, it said.
For the full year, GEO Group now forecasts net profit attributable to the company of around $70 million to $72 million. On an adjusted basis, it said it expects per-share earnings of around $1.14 to $1.16 a share and AFFO in the range of $2.30 to $2.32 a share.
The change in corporate tax structure will give the company more flexibility to allocate free cash flow to cut down its debt. GEO Group had reduced around $175 million in net recourse debt in the first three quarters of the year. Last year, it cut its debt by about $100 million.
In addition to paring down its debt and deleveraging, the company will also evaluate potential sales of its assets and businesses as well as capital structure alternatives, it said.
"Following our objective of net recourse debt reduction, we expect to allocate free cash flow to fund quality growth opportunities and potentially return capital to shareholders in the future," Executive Chairman George Zoley said.
The board will also discontinue GEO Group's quarterly dividend, the company said.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
December 02, 2021 06:47 ET (11:47 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
GEO is going to be a good stock to hold. I like that they dumped the dividend...once those that were holding for the dividend sell (may already be done)...the stock should continue to move higher...
https://finance.yahoo.com/news/pyrogenesis-comments-recent-trading-activity-120000330.html
Pyrogenesis Canada Inc. said Thursday that it remains on track with current and prospective projects, despite the company share price falling in recent days, and that it would use the opportunity to buy up some of its own stock.
The Canadian advanced plasma processes and sustainable solutions company confirmed that none of its previously disclosed contracts are at risk.
Pyrogenesis said it received inquiries from investors on the share price drop in recent days, which has fallen about 15% from its high of 5.54 Canadian dollars (US$4.39) to Wednesday's close of C$4.69.
As a result of the lower share price, the company said it would begin to purchase common shares under its existing normal course issuer bid.
"The company believes that the market price of the company's common shares may not, from time to time, reflect the underlying value of the company, particularly its growth opportunities. Accordingly, the company is starting to purchase common shares under the existing normal course issuer bid," it said.
Chart is continuing to look good with higher highers and higher lows. Small caps have been lagging the market for many months...time to play the 'catch up'.
I think it jumped today because of all the Republican wins...GEO may stay in the prison business before it's all over...
Hopefully earnings are good in the AM...
October 27 2021 - 04:15PM
Business Wire
Earnings Release Scheduled for Thursday, November 4, 2021 Before the Market Opens
Conference Call Scheduled for Thursday, November 4, 2021 at 11:00 AM (Eastern Time)
It's pushing thru the 50dma...so, could be heading higher. I have some stock and a few Dec options.. About even at the moment...but, I do expect more upside..cheers!
"Right now, Geo Group is sporting a Zacks Rank of #1 (Strong Buy)"
https://finance.yahoo.com/news/geo-vs-egp-stock-better-154003590.html
To make things interesting, Short interest is over 21%!!
https://www.marketbeat.com/stocks/NYSE/GEO/short-interest/
Product momentum building...wake me up in a few years...we'll all be millionaires... ;~)
"This JV not only solidifies our Drosrite™ offering, but it is also able to address a downstream problem that is increasingly plaguing the industry; namely, how to handle dross residues which are becoming more and more regulated and banned from landfills,” said Mr. P. Peter Pascali, CEO and Chair of PyroGenesis. “This is the ultimate coffee & donut strategy where, with very little additional effort, we are able to sell, alongside Drosrite™, a separate compelling green solution, which also further secures Drosrite™’s commercial competitiveness.”
This 50:50 JV will be geared towards building, installing and operating dross residue valorization facilities worldwide. To this effect, PyroGenesis secured, through the JV, an exclusive license to a patented and novel technology which is expected to convert dross residues into high value chemical products. Under the terms of the JV, the exclusive access to the technology initially applies to projects in North America and in the Gulf Cooperation Council nations. Upon successful completion of the first project, the exclusive access to the technology will expand to include, for all sense and purposes, the majority of the world."
Sounds like you are judge and jury...
"Feldenkrais will end up charged with Conspiracy and attempted fraud."
So, you already KNOW the outcome of the case?....where do you get this valuable inside information??
'Feldenkrais was complicit' - simple question...why isn't he mentioned specifically in any of the documents as the others are?
Dude: it says OR
A big 'nothing to see here'...move along...
https://adamsdrafting.com/downloads/Ambiguity-And-Or.pdf
Dude "held OR currently" ...'OR' not 'and'....standard language. Nothing inclusive or conclusive there...keep looking
Good discussion...thanks for posting it!
"We have achieved another major milestone as this is our second commercial plasma torch order with a major iron ore producer," said Mr. P. Peter Pascali, CEO and Chair of PyroGenesis. "In addition, Client B has advised that they would likely be ordering approximately 130 torches upon the successful installation of today's order. This is particularly interesting given that Client B does not have the largest need amongst iron ore pelletizers. For example, we estimate that Client A, who has over ten (10) plants, each possibly requiring up to 50 plasma torches, has a significantly higher need. The iron ore pelletization industry is under extreme pressure to reduce their carbon footprint and GHG emissions. As the industry is expected to grow at 3.0% pa from 2021 to 2027, iron ore pelletizers are looking for technology solutions to help them meet their carbon footprint and GHG targets. PyroGenesis' proprietary plasma torches which significantly reduce GHG emissions are an attractive solution as an environmentally friendly alternative to fossil fuel burners. As sales of PyroGenesis' plasma torches increase, PyroGenesis should also benefit from providing proprietary spare parts and services, which would generate significant high-margin, recurring revenue. We cannot overemphasize the opportunity this order presents. Although nothing is certain with respect to success and/or future contracts, and there are always risks as we move forward, we can now say without a doubt that we are on the right path and things are evolving in the right direction."
Yeah, I think there's some genuine short sided fear. Even with all the hyperbole, false claims and negativity, CATV is holding it's own...
That's what I've been waiting for....real orders. This is a huge market. PYR has an early lead and should continue to get more traction...one of my few 'but it and forget it' stocks..
https://finance.yahoo.com/news/pyrogenesis-announces-6-million-torch-185200964.html
Two decent volume days in a row...something's brewing...
Already trapped...CATV fireworks around the corner...
"it has now received $630,000 in additional funding from a second government agency, for a total project value of approximately $5.3MM (including sale of IP of $3.3MM), "
I don't really like the IP being sold to the government....but the Feds are pushing that if you want their business...
You really think there is money to be made on the short side? Good luck...but you are probably are going to be buying at much higher prices...
Having the mineral rights is different than getting it out of the ground. $$'s needed to get it out of the ground...
Some paperwork going on behind the scene...based on dates below, looks like some delays in getting everything done.
"Holders of record of Manganese X common shares ("Manganese X Shares") as of August 24, 2021 (the "Record Date") will receive one share of Graphano for every eight shares of Manganese X held on the Record Date. The Graphano Shares have a deemed price of $0.05 per Graphano Shares, resulting in a deemed distribution of $0.00625 per Manganese X Share.
Manganese X Shares will commence trading on an ex-dividend basis on the TSXV at the open of trading on August 23, 2021. This means that in order to be entitled to receive a dividend of shares of Graphano, a shareholder must be a holder or Manganese X Shares as of August 20, 2021. No additional action is required by shareholders in order to receive Graphano Shares."
https://www.newsfilecorp.com/release/93335/Manganese-X-Announces-Receipt-of-TSXV-Conditional-Approval-for-the-Graphano-Energy-SpinOut-and-Listing
"Svorai said it not the FBI" - Exactly! - These lying shorts are about to get torched... ;~)
How do you buy to cover with CE?...just curious...
But, now is a good time to do that...
Wow, smell the fear? Those with borrowed shares are extremely nervous. They can't understand why the share price isn't dropping.
There will be financial pain in the short camp when CATV springboards much higher!
Medical market could be significant....
PyroGenesis Announces $1.2MM Plasma Torch Contract Enters Market to Destroy Medical Waste; Reduces GHGs
https://financialpost.com/globe-newswire/pyrogenesis-announces-1-2mm-plasma-torch-contract-enters-market-to-destroy-medical-waste-reduces-ghgs
Only a matter of time before this stock gets picked up for real...business momentum continues to building...
PyroGenesis Announces Q2 2021 Results Revenues $8.3MM; Gross Margin 59.6%; Current Backlog $32.1MM
https://finance.yahoo.com/news/pyrogenesis-announces-q2-2021-results-233000506.html
October 2020 - And who was the CEO in October 2020?
"no one is shorting CATV" - Then why do you spend so much time denigrating Michael and this company. Believable answers only please...
Shorts are trying to beat it back down...ain't gonna work...$9-$10 near term
Nice earnings report...the shrimp fry party is just getting started ;~)
They are growing. Currently in-process of an acquisition of a small company. And they recently added additional manufacturing space...a 'green' bias for sure.
https://www.globenewswire.com/en/news-release/2021/04/27/2217578/0/en/PyroGenesis-Signs-Binding-Letter-of-Intent-to-Acquire-AirScience-Technologies-Inc-for-4-8MM.html
Headcount continues to grow. From their website:
"How many employees does PyroGenesis have?
As of June 8, 2021, we employed a total of 74 employees."
Here's a good summary of their work. They seem to be on the verge of some big breakthroughs...hopefully some contracts will be signed soon...
https://seekingalpha.com/article/4431340-pyrogenesis-canada-stock-pyr-fires-up-its-business-pipeline
New and old job postings!!
https://www.pyrogenesis.com/careers/
Check out their recent progress report. Very nice summary of their four categories of plasma innovation...impressive.
https://www.pyrogenesis.com/annual-web-report/
Still can't believe the price is this low. The impatient are gone while the investors know it's heading much higher. Might not be this month or next...but seems inevitable.
Wowzer....sold this think back at .10 ....smelled like a scam...