Timely reminder, $SGSI has no news today, but volume exploded today, stock is up 74% and still has an easy 10 bagger run ahead.
Here was my first post on this board just days ago!!!
"As you already now from your post on the SGSI ticker board, my top pick is SGSI, a stock I have been accumulating since 2009, so there is nothing DD wise I do not know about the company, its products, patents, tech markets and officers and founders, inventors and so on...My back ground is chemical engineering and patents...and I typically invest in companies with cutting edge issued and published patents that I can value from my expert knowledge. That is my edge in penny stocks. Plus charting with a strong math background.
For those that may be curious SGSI under its previous ticker MVTG went from .0068 in 2011 to .75 on organic news (No R/S ever, IPO was in 2008) that Alstom Power (GE bought them in 2016 for 14 billion dollars) had agreed to fund multiple ERC pilot plants world wide and to commercialize the patented tech, and sunk 1 million dollars into MVTG (now SGSI) in 2014-15. The tech turns CO2 carbon dioxide into syn gas profitably, and has a 30 billion dollar per year market!!! The CO2 would replace CH4 methane, Nat Gas as the feed stock!!!
GE killed the project in 2017, no doubt due to their own cash issues and plans to die or live with the future of fossil fuels. So far that is not going well for them.
In the meantime MVTG (now $SGSI) bought 2 telecom engineering firms that have 30 million dollars in revenue, and reported 2.9 mil in net profits combined, and yet the market is still trading the shares with a 2 mil dollar market cap.
Last week they paid 3 mil in cash to buy the second telecom, and scored a 5 mil dollar line of bank credit, that is tied to rotating receivables (it is not convertible debt).
Right now .0062/share, < than 135 mil in floatable shares (the rest are restricted insider officer/director/banker shares) it is a screaming buy as the news is already out that will drive it to a 20-30 bagger rally this year, the market is just still to busy flipping it at the 2 year sideways price range as shares go from weak to stronger hands like mine.
I love your all's simple charts here!!! If I am permitted(?) I will drop some DD details here this weekend?
I am now following this great board!!!
Do we have a chart here now I can share?
AI
