Home > Boards > US OTC > Oil/Gas/Natural Energy Production > Chancellor Group Inc (CHAG)

Nice that we have a verified transfer agent

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Almost A Myth   Sunday, 12/06/20 01:31:04 PM
Re: equijohn post# 15734
Post # of 15753 
Nice that we have a verified transfer agent and a 15-12g on file legally allowing the company to be non-reporting.

https://www.otcmarkets.com/filing/html?id=10691540&guid=YE4qUaH0z8Qx_3h

CHAG share structure isn't as tight as Petzel's other ticker, but at 44.9M unrestricted and only 250M total A/S, this one has the potential to run hard.

We're so used to seeing companies that have multiple billions in the O/S, and those have some nice runs, but they need very high volume to keep it going. Having such a low O/S will make CHAG move quickly on very low volume. Float is not available, so I'm assuming the whole 44.9M unrestricted is part of the float.

This is the kind of share structure known as a "low float". Petzel's other ticker has an extremely low float as well, so to me it looks like he's someone who likes to create shareholder value.

I hope to add both this week.




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