High Plains Gas, Inc.(fka HPGS)

[moneym8ker]

This stock will turn the corner...that is, if they ever get to it.

They have yet to complete the R/S which is crucial.
They'll use the R/S and higher share price to get rid of the remaining debt (read the CHAMA deal to understand what debt will be left on the balance sheet).
The squashing of the debt will come with dilution after the R/S but that's fine because it still should leave a stock price in good enough shape to look attractive. What that means is I wouldn't buy ahead of the pending R/S nor immediately after...rather I'd suggest waiting to see via PR or SEC filing if any immediate dilution terms are toxic.

Once the dilution is mostly done, the stock will be a very strong buy because CHAMA can make a profit with their patented tech. Also, I'd suspect that CHAMA will want a strong stock showing given the past PR's (see CHAMA 2012 PR's for IPO) so I think they'll very aggressively market the stock. Legitimate or pump and dump remains to be seen but I doubt traders biased towards long positions will care either way.

None of the above amounts to a hill of beans if they don't complete the R/S because the terms of the HPGS/CHAMA tie up clearly illustrate that the tie up is contingent on the R/S.