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Quite easily with forward looking statements. He can tell everyone what they want to hear and they hear enough to buy shares. Too bad that the forward looking statements are never realized and it's perfectly legal. That's why you have to weigh a CEO's past statements to derive a BS factor and apply it to anything he says. If you do that with Dennis' companies, you will be alright.
Ouch. You broker is gonna make some coin at that rate.
I'm pretty sure that Dennis would love to sell a ton of shares but BSSP is being blocked on many fronts: COFEPRIS, FINRA, SEC, Lack of audited financials and a one year waiting period after the filing of the S-1. You are gonna be stuck for a while. Without any income or outside funding, you can call this a failure to launch.
Totally agree.
7.4 Billion people refuse to buy BSSP and the other 37 people that did buy are either confused, conned or perhaps former turnip truck passengers.
BSSP is held down because nobody is buying. There is no reason to buy stock in a company that has nothing marketable and run by people who have a record of producing zero value to shareholders.
Yup. DD shows that Dennis would clean up a few crumbs that would then allow a filing of a SEC Form 15 to be non-reporting or alternative reporting to OTC. He's got to file a S-1 which he can't until current. Nonetheless, you won't get much info from a company once the feds have already nailed the operators multiple times. You have to understand that flying under the radar is a matter of survival for BSSP; if it's not already too late.
Could be that the company is closing small holders in an effort to get below the number of shareholders threshold for reporting.
He successfully sold unregistered securities and then when caught, had his shareholders pay his fine. I would call that a personal success for Dennis. (I can almost hear him laughing)
How about selling tens of billions of shares in corporations and making all proceeds disappear into thin air. There is some magic in what he does. Investing in a Dennis company is like buying a ticket to a David Copperfield show. There is some entertainment value here ya know.
Utter failure.
Today's news indicated what most of us knew all along.
Yep. March will be here on Wednesday unless something very bad happens. We begin the month with National Pig Day on the 1st and end with a SEC filing deadline for the 2016 10-K on the 31st.
One of these events may disappoint us. In addition to NCAA March madness, March should be an eventful month:
Wednesday, March 1 National Pig Day
Thursday, March 2 Old Stuff Day
Friday, March 3 I Want You to be Happy Day
Saturday, March 4 Holy Experiment Day
Monday, March 6 National Frozen Foods Day
Wednesday, March 8 International Women's Day
Thursday, March 9 Panic Day
Saturday, March 11 Johnny Appleseed Day
Sunday, March 12 Daylight Saving Begins
Sunday, March 12 Full Moon
Monday, March 13 Commonwealth Day
Monday, March 13 Ear Muffs Day
Tuesday, March 14 National Potato Chip Day
Wednesday, March 15 Buzzards' Day
Thursday, March 16 Everything you do is Right Day
Friday, March 17 St. Patrick's Day
Friday, March 17 Submarine Day
Saturday, March 18 Oil Expropriation Day
Sunday, March 19 Corn Dog Day
Monday, March 20 Vernal Equinox
Monday, March 20 Last Quarter
Monday, March 20 Vernal Equinox (GMT)
Monday, March 20 National Alien Abductions Day
Tuesday, March 21 Benito Juarez's Birthday
Wednesday, March 22 International Goof Off Day
Thursday, March 23 National Chip and Dip Day
Friday, March 24 National Chocolate Covered Raisins Day
Saturday, March 25 Pecan Day
Sunday, March 26 Make Up Your Own Holiday Day
Tuesday, March 28 New Moon
Friday, March 31 SEC Filing Deadline for 10-K
We know of at least two notes that were issued at the end of 2015. Alexander $100,000 and Honeycutt $75,000. The company had essentially no cash or receivables so you can safely assume they accumulated some more debt through convertible notes. But how much. You can look up the salaries and rent and then speculate the legal, G&A etc. It's gonna be bunche$.
No telling how many notes are coming due. The company hasn't filed financials for a reason and I'm sure the company has been stalling the SEC with excuses.
I wouldn't call 8 people checking this board and 1 trade today "so much attention". You can bet that nobody will be able to sell at a gain until Dennis gets his $ out of you. You can start buying his shares on April 19 so sit back until then.
Read the report on OTCmarkets and see if you come to the same conclusion.
If that were the Mexican president, it might. BSSP's rights are for Mexico only.
That well was plugged and abandoned in September 2015. Ben J Taylor no longer has a lease in the area.
MNVN had transferred all of its rights, title and interest to any oil properties to Boomerang Oil which is now defunct. This could be a good thing but it still would take a lot of money to revive the shell.
The legal document only has bearing in Illinois but the parties still own VIP TV in Florida and EFIR was/is trying to get in bed with. Interesting that the Illinois SOS was able to establish a relationship to a New York crime family and all kinds of other nefarious activity.
Maybe you missed the news release: http://www.marketwired.com/press-release/egpi-firecreek-inc-signs-loi-acquire-vip-tv-productions-florida-entertainment-program-otc-pink-efir-2159862.htm
And Dennis' new website: http://www.egpifirecreek.net/
Shows who Dennis is playing with these days...
Don't forget that EFIR has signed a letter of intent to hold this company:VIP TV
8 months? that would indicate that BSSP's application for permit was denied by COFEPRIS since Mexican law establishes that they must accept or reject within 60 days. Probably why we haven't heard anything....
God is doing his work to ensure Dennis no longer profits from deceitful practices while the martyrs of the MNVN experience have already been blessed with knowledge. All of his companies have gone dark... God does not reward corruption.
They have sunk deep into corruption, as in the days of Gibeah. God will remember their wickedness and punish them for their sins. Hosea 9:7
Take your blessed gift of knowledge and use it to help others.
I don't think Dennis could name just one "winner" out of all the companies he has been involved with. I've followed his antics all the way back to when he was selling power snack bars online from his mothers house. Not a single winner except for himself and a few associates.
I just now looked at the map in the link and noticed that none of these Wolfcamp play basins extend into Ward County. The play is at least 30-40 miles from where the EGPI/MNVN/Boomerang/Success lease is.
How?
EGPI participates in a small mineral lease down to depth of 8'500 feet. The current excitement in the Wolfcamp shale is well below that depth at 11,000 - 13,000 feet. EGPI has nothing that anyone wants.
I think you are on to something....
2017 is a prime number and it is a secret code for the ticker BSSP! Using the formula found in an ancient Egyptian scroll we can derive the mathematical significance of the BSSP phenomenon.
"B" the second letter of the alphabet 2017
2 +017 = 19. "S" is the 19th letter of the alphabet.
Now reversing the digits.. to 7102 we know that....
71 + 02 = 73 which happens to be the hexadecimal code for "s"
Then finally 17 - (2017/2017) = 16 which represents "P" , the 16th letter in the alphabet.
shhhhhh... Don't tell anyone 'til we load the boat. Let's hope they don't change the ticker so we won't have to search for another ancient scroll with a decent formula.
Volume!
Here was someone who had 3,000 shares and got RS to 2 shares then they bought 10,000 more. Looks like they closed the position today for a penny in total.
There were quite a few folks that had that many of shares back then and I know of one of them that had passed away. This company was really quite magic... took $25 grand down to a value of a half of a cent in a short period.
Someone had 250,000,000 shares that were reverse split into 50 and probably closed their account due to death or something.
Capital Change=shs decreased by 1 for 200 split Pay date=10/08/2008.
•Capital Change=shs decreased by 1 for 50 split Pay date=11/09/2010.
•Capital Change=shs decreased by 1 for 500 split. Pay date=07/07/2011
Yes sir, yes sir, three bags full!
One for the master,
One for the dame,
And one for the little boy on Smoke Tree Lane.
....and they cant get a recovery permit unless there is convincing proof of something to recover. Oh yes.. the conundrum.
Normally would spend winter in the conservation building removing encrustation from artifacts = Not so boring.
BSSP sold all of its software development in an online auction months ago for $1,200 but I guess it could still get back into the biz.
I believe the land is owned by Jess Anthony. According to the filing, MNVN transferred all: Assignor's proportionate rights, title and interest of every kind free and clear of all Liens in and to oil, gas, casinghead gas, condensate, distillate, liquid hydrocarbons, gaseous hydrocarbons, to the extent produced from the well(s) and leasehold interest (all of the above being
herein called (the "Property"), to have and to hold its proportionate share unto Assignee, its successors and assigns forever.
Seems pretty clear to me.
No. MNVN sold all of it's oil assets to Shale Corp. and at the same time Shale Corp. was reformulated into Boomerang Oil. MNVN received a small amount of cash and 80% of Boomerang Oil stock in the deal. MNVN currently owns just 40,865,000 shares of Boomerang which is about 53.7% of the outstanding shares. Boomerang was delisted from the Canadian exchanges on August 8, 2016.
The mineral owner, typically the land owner, would be the one selling the lease. Not sure that Success Oil/EFIR/BOI/MNVN would see a dime.
I believe you need minimum of 320 Acres to drill a horizontal in the Wolfcamp. We have 40.
Yeah but got complicated when the "Purchase Shares", those owned by Dr. Z are unregistered. Somebody has to clean up the mess before anyone gets paid. Seems like they are stuck on the step where they have to comply with rule 144(c). “current public information”
I don't believe they can issue any of those unlimited Wyoming shares without a registration statement. Dennis won't waste time and money on a pump when he can't move shares.
BSSP has nothing but a sub-license for a product for use in Mexico whereas the said product is not permitted for use. Pretty much worthless. Think of it like a Tupperware salesman in a country that will not permit one to sell Tupperware.