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Knew Negger0 was always full of road apples. But he was an entertaining village idiot. Guy is nothing more than a 1 man tribe------all talk and no cash to back up his statements. Must be around Lebed's age and mentality
Still watching this one here
Whatever happened to Negger0 and the "tribe?" I thought this elite group of buyers was going to gobble up milions of shares and send this stock to the stratusphere.
Where the heck was "the tribe" or "T-unit" when this stock needed it most?
PXCN to TKGC to TKGN. Good source of information on this stock is Ragingbull's old PXCN board. Lot of investors got hosed by 2 quick reverse splits. Never owned this stock and just passing along info. Used to watch this stock daily.
Interesting saga is that supposedly on the RB PXCN board a company exec was using 2 Rb aliases to tout this stock with "feel good" postings on the company's prospects.
Tread carefully here IMHO
poker it is!
Indeed. Quite a coincidence he stopped posting after "being advised." I sold and took a $700 loss. Johnny is not getting any more of my dough. Guess "the team" (or stuckholders) will have to help out here.
I would expect another reverse in another year or 2. Reverse splits never help shareholders...........only CEO's and their company. Definite CEO credibilty issue with this surprise reverse..........the kiss of death to any penny stock holder.
This stock is going nowhere IMHO except slowly down after the admitted dilution to come. It was a nice run here last March.......now this is just another pinkie on my green weenie award list. GLTA
Post #16 is a classic read of this company's modus operandi. Tread carefully if put money into this......Read the MOGI board
Not a bad approach in buying only 50 shares as a lottery ticket. Worst u could lose is $100 + commission.
If I would have bought when the spam bangers told me to buy around $2, I would have more than a 50% loss right now at .98 cents.
This stock illustrates why you can't trust spam mail in your postal mailbox.
Last OS count was 74 mil. Anyone know if the company has increased it past 74 mil TIA? Still watching here
Equtz. There is a section on the IRCE website where you can directly email CEO Mike Williams about the assets they own. To my knowledge, IRCE owns the assets illustrated minus the well draw plant that exploded twice years ago.
GLTY
Could of been a good flip, but you really never know with these OTCBB's & pinks. 99% of the time, I flip only big board stocks and generally hold 2-6 weeks. With OTCBB's and pinks you can only make money if the stock goes up. One way street (otcbb's), but the rewards (losses too) can be enormous. You will never rack up any 10+ baggers in less than 1 year investing in Home Depot. In Otcbb's or pinks, opportunities abound and that's why I play knowing the risk vs. reward.
We all have our own trading styles and risk tolerances. Don't take my postings as investment advice. Be your own boss. My postings are opinion only. GLTY
Barchart.com is a great penny stock resource for me. According to the opinion there, it is listed as a strong sell short and long term.
Might see 50 cents around New years/Xmas and then have this shoot up back to $2.00 during January. I don't see a reason to buy this until maybe Jan. Very risky stock with plenty of downside. For now this is on my watchlist only. Waiting to see how this bottoms out. JMHO GLTY
If you really have to buy this, wait until the price stabilizes. Gateway hit the nail on the head............those slick promoters are cashing out.
Got snail mail spam for BLDH last June 2006 for $1.35 with it being touted as the next possible Google. The stock has tanked to .33 cents currently. Based on the past record of these snail mail spam bangers, I would not buy into this even at $1.20. Expect more selling as the spam bangers cash out for some Xtra Xmas dough.
For now this is a stock to avoid until the spam bangers cash out........then this may head north. JMHO
Got snail mail spam on this in my mail box by one of those "expert" OTCBB stock pickers. Red flags on this one but will put on watchlist.
Bit of a run-up from 25 cents? this past fall. Has the potential to fall big if the scamsters start bailing out "ala boiler room movie style."
Listen to no one, and be your own boss
Wow. 2 reverses in 1 year! This pattern of Reversing and diluting is going to happen again. This is is worse than Falcon Energy (FCYI).
Almost bought this thing to flip again. Glad I was holding out until December to even think about buying. As it is now, this is a stock for my watch list only.
Got snail mail spam on this one. Been getting a lot of oil company spam in my postal mail box since June 2006. None of these spam companies have rocketed to the statusphere except SOIGF. Putting this one on my watchlist, since it is oil
Small bit of bid whacking the past couple days by the MM's. Tried buying at .002 prior to my .0065 buys with no success.....so I know for a fact the MM's are shuffling shares. Don't think there will be any action on this until next year? JMHO
Zagdad's post clarifies my point a couple weeks ago. It isn't about integrity or enriching one's pocket. It's the possiblity of a big dilution bomb. Not bashing but I agree with Zagdad about that possiblity even though the CEO has kept a handle on the share structure so far.........but with a 900,000 to 1 conversion I am not buying more and will stay at 100k.
Think about it. Would you invest heavily with 900k to one share conversion even though the CEO states he won't use it except to help build the company. Again my question is this.....how does a 900 to 1 share conversion help the share holder?...........it doesn't even though the shares would build the company. The only way shareholders make money is by share apreciation and not dilution............otherwise this stock is good for flipping only.
I'm here for the long haul as I do like the potential. GLTA
Just to clarify my last post. The lawsuit is against an Australian company that owes IRCE royalties from their refining oil recycling tech ($4M owed in royalties). The lawsuit has dragged on in Australian courts for years and appears to be reaching a settlement once the CEO visits Australia in November.
Also on the backburner is the refinery to built-----question is 2007 or 2008?
Anyone call the TA for the current OS? Price is .035 from the recent Reverse split. Many unhappy campers on the IWNN board, so a bit wary here. Stock is still on my watchlist
A lockout of the preferred and restricted shares for an x amount of months would certainly go a long way (wishful thinking). It's great to know the Preferred will be used for acquisitions.......however, this would likely dilute the stock to a point where it is good for only a quick flip like EAGM..........not good if you are a long term holder. If the stock went to 500M shares on aquisitions overnight like EAGM, it is likely to go to subpenny no matter how good the news is. Then maybe a reverse split due to dilution? Conversion of the preferred shares would help the company, but likely hose the shareholder depending on the amount converted.
Also, why the strange gap on the bid and ask like .012 X .018? Either the MM's are waiting on a large conversion of the preferred or this stock is being shorted huge
To the CEO's credit, the stock has not been bombed with dilution of preferred and posts openly here. I have never seen a CEO post on IHUB or Ragingbull before.
Only have a token amount invested here. Was going to buy more into this, but decided to hold off due to the Preferred conversion rate. Just airing my 2 cents and curious of other opinions. GLTA
CEO said to visit Australia in November to settle the $4M plus lawsuit. Refinery appears to be on hold due to regulatory red tape
Indeed. It is like Robseller says "get in before the crowd, and get out before the crowd." I stay away from stocks like UPDA, AMEP because these are so touted and are diluting machines. I sold king when they doubled their OS (knew they were diluting and the stock would fall). High float & OS stocks are hard to make $$$ on......except flipping for chump change.
I only buy oil/alternative energy OTCBB, pink stocks for any long term plays..........these tend to have the lowest failure rate and largest frequent gains. Also I never buy any OTCBB, pink with over 100M OS.
I've looked into SPOC and did the DD this past July. Some strange volume spikes in that one. On my watchlist, but have not found a compelling reason to buy. Old management of SPOC appear to be in jail? Will have to re-DD this one. Anything going on in SPOC------appears to be an empty shell
.09 from $3.00 This stock is definitely getting the Zube lube.
I told the poster "hottydogs" that Zuber is one bad weiner of a CEO. The mantra of this company seems to be (if you buy the stock) "you slip us the cash and we will slip you the weiner (stock dilution)."
No. All my buying was done on last Thurs+Friday. That was less than 2500 share total. Some goofy trades going on here. If it takes me 2 months to complete a 60k order GTC at .0065 than no one should be able to buy at .002.
If the company is completing a filing, then I doubt they would sell so cheaply at .002. I see the MM's passing shares among themselves. Unusual volume today for a normally dead stock. Something must be in the works with filing u mentioned.
Believe it or not, I bought KING in 2005 March at .005 on rumor of "something in the works". As you know KiNG hit .25 cents this past summer. Also bought IRCE at .008 and .05 when I bought king in March 2005. Sold King and still have IRCE. Don't know if LBPE will do well, but I like the potential with the Nevada fields and filing in the works. Using my hunch and think this is worth some speculative buying. In for 100k and waiting to see what happens. GLTY
Yes. Almost 2 months later my GTC is complete. Finally! Speculative hold, but using winnings to divirsify into more pennies.
I'll bet we go to .002 bid .03 ask after this.
Only 2 MM's for the stock on level 2? If there are only 2 MM's this could be easily manipulated and not necesarily an increase in the OS
NITE .014X.02
UBSS .0105X.029
Weird trades, it appears that much of the trading is double printed? Been a big gap between Bid and Ask for some time .014X.02.
Hope this stock doesnt go like "KING" did. They doubled their OS overnight. The pumpers on the KING board sold in the near 20s while telling everyone else to hold. Well I sold in the 16s&18s......glad I did :)
Wouldn't jump to conclusions yet. Tried PacWest again, and "Jill" appears to be out to lunch. Was hoping to get another PacWest rep.
Maybe one of our moderators could call a PAC West Rep to get an updated shares outstanding?
Called Pacwest Transfer and my call was taken by a representitive "Jill." I asked for the shares outstanding, but she said the information was not going to be given out for companies they represent. By this inference, the OS is effectively gagged. Was going to buy more, but I don't buy stocks without knowing the OS. Also was told to contact the company if I wanted to know the OS.
Maybe it depends on the Pacwest rep u call if you want to know the OS. Until I know that OS, I am holding off. Can anyone confirm the OS as of this day?
Zube can dump, but he can't pump LOL. Stock reminds me of USCI
OT: Had VTYE at .016 and sold at .025. Looking to get back in again. Usually don't flip so fast. I like VTYE better since it is cheaper with low downside-----78 million OS too.
Will try to get in on the cheap again if possible. Wide spreads between bid and ask lately.
Finally did buy some NNYG at .017. Holding pattern for the stock now. GLTY
Good choice to avoid this stock, hottydogs. Zuber is just one bad weiner of a CEO. Game of stock dilution and leaving shareholders penniless. Can't even call a transfer agent because the company does not have one.
Willing to bet our old pal Zuber is having a tough time getting anyone to invest in this turd due to the past history. Heard this was spammed when the stock was MOGI. Did not buy then and will never buy now.
Even pinksheets will not quote FCYI due to their questionable history.
According to Puppman's July 12 post---------
O/S----46,813,335
R------16,231,205
If you want the current OS on Monday, you would have to contact Pacwest Transfer. GLTA
Less than 5000 shares to finish my GTC. Slowest fill ever. Have had my order in place about Aug 3. As I keep saying, they really don't want to fill me......MM's just tend to fill me in 15k to 5k lots.
Lifegear, in an earlier post, u stated that u couldn't post certain information. Is the company going to issue a PR on their status or possible future drilling plans?
Lifegear, I can't post a link, but I typed "Liberty Petroleum New York New York" in the Yahoo search engine and got the articles within the first 20 "hits."
GTC order almost complete. That 200 share signal at .03 last week was to stop giving away cheap shares to me!
LBPE appears to also supply 40 gas stations in the Philadelphia area according to an April 22, 2006 article. The article was about gas stations running out of fuel due to being required to adapt to ethanol fuel mixes. The person commenting for LBPE was Wayne Hummel. Not sure if Hummel is CEO or VP, but must be high on the corp. ladder to speak on behalf for LBPE.
Also caught a 1997 lawsuit article against LBPE, Hogan Energy, Willaim Hogan, and Carl Roberts. For the various violations of "unplugged wells" LBPE was fined about 1.2 mil and Hogan Energy was fined about 600k. The dispute was about who was responsible for complying with environmental New York laws during certain decades after LBPE bought those 60 oil wells.
This would explain why LBPE is sitting at pennies in 2006. The violation was unintentional by LBPE and likely hurt the company for some time. With the high price of oil and gas, I am sure LBPE has paid off this fine by now. Otherwise how could LBPE buy oil leases in the Rocky Mountains and Nevada?
Been watching this for a while. Finally bought some and "I'm all in."
Like the idea of a potential spin-off. Too bad the "THOR" stock symbol is already taken. GLTA