ORLANDO, FL, Mar 15, 2006 (MARKET WIRE via COMTEX) -- International Energy, Ltd. (OTC: ILGY), formerly BDW Holdings, Ltd., has finalized an agreement with Transworld Oil & Gas (OTC: TWOG). Under the new finalized agreement, International Energy, Ltd. will purchase all assets of Transworld Oil & Gas for stock and Transworld Oil & Gas will dividend out these shares to its shareholders.
Each Transworld Oil & Gas shareholder will receive one (1) share of International Energy, Ltd. for every ten (10) shares of Transworld Oil & Gas. Shareholders of record on March 25, 2006 are expected to receive the dividend by the second week of April 2006. Further transaction dates and details will be announced in the near future.
About International Energy, Ltd.
International Energy, Ltd. intends to become a worldwide company specializing in the extraction and production of oil and gas. The company's vision is to establish and enhance the company's foundation for future growth by developing properties that provide a balance between short and long-term reserves in both the oil and natural gas markets. Oil and gas-related activities will include acquiring additional properties with potential for development and drilling. The company will work to establish and maintain a significant inventory of undeveloped prospects. The company emphasis is on production, cash flow and reserve value, which will be attained by exploring for, developing, and purchasing oil and gas properties worldwide.
Posted by Trasq on :
TWOG going straight up.
Volume also increased in the last minutes.
Catch it while you can.
Posted by Trasq on :
1 ILGY for 10 TWOG.
Last trade for ILGY 0.8
Last trade for TWOG 0.011
0.011 x 10 = 0.11 and get 0.8 at least in paper
Posted by stickfigurefred on :
As long as ILGY holds its value, its a no brainer.
Posted by lucid on :
damn i don't get bxa and L2s for this... still up though thanks for the heads up!
Posted by Trasq on :
ILGY maximum the last days has been 1.50
Posted by matto on :
i am in thanks
Posted by Trasq on :
I guess this 10 days are to stabilize ILGY and TWOG
Posted by matto on :
r u kidding me booooooooom
Posted by Trasq on :
Up 100% 0.018, but still a long way to reach 0.08
Posted by Sell High on :
Glad to see you are all getting in . that thing is going to fly from now on.
Posted by shomethamoney on :
WHO THINKS WILL GO TO .08 BY FRIDAY?
Posted by SUZYBLAIR on :
I SHOW THAT ILGY IS TRADING AT .80 SO WHY WOULD TWOG STOP AT .08?
Posted by shomethamoney on :
Right on Suzy - GO BABY GO!!!
Posted by shomethamoney on :
And we still have thur. and Friday to go on this on WAHOOO!!!!
Posted by MoneyMoneyMoney on :
at the least hopefully .06 since ILGY's bid is .60 and ask is 1.10. I don't know what to think of that spread.
Sure am glad Im still holding X .0075.....
We all bank!!!!!
Posted by SUZYBLAIR on :
I MAY BE A GIRL BUT THE MATH DOES NOT ADD UP FOR ME. IF YOU CAN HELP ME UNDERSTAND PLEASE DO.
Posted by stickfigurefred on :
Everybody else feeling the love Posted by Trasq on :
SUZYBLAIR
Because dividend is 1 ILGY share for each 10 TWOG
Of course ILGY can go up or down. Has been from 0.6 to 1.5 the las week.
Posted by jununi on :
Looking sweet!
Posted by njs300zx on :
165% woohoo. Took my profit today and now waiting to get back in.
Posted by shomethamoney on :
SWEEET!!!
Posted by stickfigurefred on :
Good deal, nothing wrong with taking a little profit Posted by macdrsirules on :
Hard to beleive there are some sells going through. It looks to me like a very easy run to at least .05 and if ILGY stays around .80 then we should end up around .08.
In a little later than you guys but Ill take .023.
Way cool.
Posted by shomethamoney on :
Does anyone think that we could see .04 or.05 today? What are the L2's looking like?
Posted by matto on :
i am going long!
Posted by njs300zx on :
I still have 300k shares in it. just taking profits.
Posted by matto on :
500% on this!
Posted by MoneyMoneyMoney on :
Why take profits this early!!???
Posted by matto on :
I think its looking good for a bit.
Posted by matto on :
only 22 mil traded
Posted by shomethamoney on :
This thing is going to run all week BABY!!!
Posted by Chris4205 on :
Congrats to everyone in this!
Wow!
Posted by shomethamoney on :
matto people haven't even got home from work yet. This thing could go to .06 and then fly tomorrow as well!!! YEAH BABY GO BABY GO!!!
Posted by Sell High on :
Fantastic play, Trasq, njs we all have been waiting for so long for something like that to happen.
Posted by shomethamoney on :
Get in now because this thing could well go over .10 this week. HISC didn't even run like this dog!!!!
Posted by macdrsirules on :
Has anyone notice ILGY has no volume? It seems to be that trading of ILGY may have been stopped until the merger is complete which locks us in for .08 if we waited for merger to complete. And in all liklihood we would see .08 before if you didn't want to wait and maybe higher if we're lucky.
Posted by shomethamoney on :
MACD I'm going to setting on this one sweet!!!! That is exactly my thoughts. This one has 10 days to run before the lock in. People will be nuts not to get into this one. This is a sure win!!!
Posted by llatffej on :
nice dip. im tryin to get in
Posted by smalltime on :
I'm in............
Posted by MoneyMoneyMoney on :
Yup, the beginning!! To be safe expect nothing more than .06 but be happy with anything more !!
Posted by matto on :
wait till afer lunch and eod yea!!!!!!!!!!!!!!!!!
Posted by shomethamoney on :
Folks this is a no brainer. EXAMPLE you have 100,000 shares at .025 = 2500 - you get 1 share of ILGY for every 10 of TWOG = 10,000 - The share price of ILGY is at .60 = 6,000 - you're up 4500 without anything happening. Look out when it starts trading again and goes to 1.50!!!!!
Posted by macdrsirules on :
ILGY is at .80 not .60.
Posted by smalltime on :
I see the ask for ilgy is .011 ????
Posted by gohigh on :
Ok, I got in on the dip here. Seems a little too good to be true, but after I saw the share price surge today, I'm a believer! Should be a strong player all week.
Posted by macdrsirules on :
No thats the 1.10 or a dollar and ten cents.
Posted by shomethamoney on :
My bad MACD - my eyesight was blurry from the price and surge of volume - I couldn't handle the pressure hahahaha!
Posted by smalltime on :
ILGY INTERNATIONAL ENERGY LTD COM (OTC) Data provided by $0.80 0.00(0.00%) R Buy Sell Trade Triggers
View: ComprehensiveBid/AskBasicFundamental 1 wk 1 mnth 3 mnth 6 mnth 1 yr Before investing in a mutual fund or ETF, be sure to carefully consider the fund's or ETF's investing objectives, risks, charges and expenses. For a prospectus containing this and other important information, contact the fund or ETF sponsor, or an Ameritrade Client Services representative. Please read the prospectus carefully before investing. Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Please read Characteristics and Risks of Standardized Options before investing in options.
Bid 0.006 B/A Size 250000X50000 Ask 0.011 Last Size 20700 Last 0.80 Last Trade 3/14/2006 3:04:13 PM EST Open 0.80 Asset Type Stock Close 0.85 P/E 0.00 Change 0.00 52-wk High 20,000.00 Change % 0.00% 52-wk Low -- High -- Exchange OTC Low -- Dividend Amount 0.00 Volume 0 Dividend Yield 0.00 Ex-Dividend Date
Posted by njs300zx on :
Yup I got back in at .0194 after taking some profits.
Posted by AgentGPF on :
Its aboot time.
Posted by shomethamoney on :
It's going to be BIG!!! real BIG! small time!
Posted by smalltime on :
BIG!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Posted by striper on :
in on the dip
Posted by ctownlove on :
I LOVE THIS CHAT!
rnicholas12*comcast.net
hit me at msn messenger
lets talk mad money here
Posted by shomethamoney on :
Do you own DD - I am looking for .10 or better on this thing. HISC or USXP did not come close to running like this! The news has been here for two months. It was at .0085 and nobody would believe. Well here it is!!!
Posted by gohigh on :
I'm in ShowMe. If it hangs out here for much longer I'm thinking of buying more.
Posted by shomethamoney on :
People are going to be chasing this again. We had a thread about this happening. These prices are cheap. There is no one that can show a lose here. You are already guaranteed a specific price. To go against it would be ILLEGAL in court. This is a great buying opportunity.
Do your own DD
Posted by shomethamoney on :
I want to see this thing pushing the high. This is setting up nicely today!!
Posted by matto on :
back from lunch nice hold here at .022
afternoon delight!
Posted by shomethamoney on :
What if ILGY shoots over 1.50 - Man you talking about living life large. I am going to be setting on this thing for a loooooooooonnnnnggggg while!!! GO TWOG - ILGY!!!
Posted by njs300zx on :
Its still a penny stock guys lol. I'm back in after a nice profit and holding regardless.
Posted by shomethamoney on :
Matto I see that some shares traded on ILGY - I bet they keep the bid ask apart for a while to settle in the new investors so there is not a big sell off. It will allow buying and some selling and keep a balance. I am going to wait for the big gains of ILGY and when they get close together then sell. Look at TWOG and where they are going to be doing there drilling - RUSSIA people that is BIG OIL!!! Look at CWPC and where they are - they are in the oilsands in Canada - Russia has the ability to do that and CWPC is at almost $5 a share.
Posted by smalltime on :
I bought some shares in hbnrf a few months back for .24 and now it's at $1.31.......Oil,Oil,Oil.............
Posted by llatffej on :
ilgy up 30% to 1.10
Posted by njs300zx on :
thatsgood news for twog holders.
Posted by llatffej on :
bought more twog at .02
Posted by reidler88 on :
ok,,,, someone help me out,, u hafta buy these shares before MARCH 25,,, to get the dividend in april ??????????
Posted by smalltime on :
Each Transworld Oil & Gas shareholder will receive one (1) share of International Energy, Ltd. for every ten (10) shares of Transworld Oil & Gas. Shareholders of record on March 25, 2006 are expected to receive the dividend by the second week of April 2006. Further transaction dates and details will be announced in the near future.
Posted by njs300zx on :
Watch out as what happened with MIcrosoft when they offered the big dividend. The stock price dropped the same amount as the dividend that was issued so really it was a wash.
Posted by MoneyMoneyMoney on :
Not worried here, I'm riding free all the way through and I always suggest the same for everyone. Take your capital plus a little extra profit to keep around in case you need it.
Go TWOG. make me mucho moolah!!!!
Posted by Leritu on :
N/M, sry
Posted by shomethamoney on :
njs - we are guaranteed .08 so explain the wash. If our shares are worth less that is a lawsuit. That ain't happenning - They're not stupid.
Posted by Leritu on :
In that case sho, why are we not seeing the PPS at .08 yet? Or .06 at least? Am I confused as to what was announced?
Posted by smalltime on :
Enter Symbol(s): Go Find Symbol
Markets Stocks Funds Bonds ETFs International Energy, Ltd. Finalizes Agreement for Purchase of Transworld Oil & Gas
By Market Wire Last Update: 3/15/2006 10:51:16 AM Data provided by
ORLANDO, FL, Mar 15, 2006 (MARKET WIRE via COMTEX) -- International Energy, Ltd. (ILGY), formerly BDW Holdings, Ltd., has finalized an agreement with Transworld Oil & Gas (TWOG). Under the new finalized agreement, International Energy, Ltd. will purchase all assets of Transworld Oil & Gas for stock and Transworld Oil & Gas will dividend out these shares to its shareholders.
Each Transworld Oil & Gas shareholder will receive one (1) share of International Energy, Ltd. for every ten (10) shares of Transworld Oil & Gas. Shareholders of record on March 25, 2006 are expected to receive the dividend by the second week of April 2006. Further transaction dates and details will be announced in the near future.
Posted by smalltime on :
By M2 Last Update: 3/15/2006 1:27:05 PM Data provided by
Mar 15, 2006 (M2 PRESSWIRE via COMTEX) -- Today our stock watch alerts today include Featured Profiles for Pacific Sands, Inc. (PFSD), Imperia Entertainment, Inc. (IPRE), and stock alerts for Unico Inc. (UNCN), LoftWerks, Inc. (LFWK), Transworld Oil and Gas Ltd. (TWOG)
Pacific Sands, Inc. (PFSD) is a rapidly growing, reporting NASDAQ OTCBB company that develops markets and sells unique, nontoxic, earth, health and child-friendly products for cleaning, pet care and pool / spa / water maintenance applications. Their core nontoxic product base utilizes a proprietary blend of botanicals, mineral extracts and enzyme technologies to deliver safe, effective and inexpensive alternatives for a broad range of commercial and industrial applications.
Pacific Sands, Inc. develops aqua-environmental solutions for industrial, agricultural and consumer products. Its core, nontoxic, enzyme-based water treatment products have applications ranging from home spas, pools, cleaning products and pet care to cooling towers, factory holding ponds and wastewater treatment solutions.
PFSD News:
March 14 - Hawkeye Manufacturing, Inc. Commences Global Marketing of EcoOne(TM) Spa Products With Pacific Sands, Inc. - EcoOne(TM) Receives Spa Manufacturer's Product Endorsement
Hawkeye Manufacturing, Inc. has announced an alliance with Pacific Sands (PFSD) to distribute the EcoOne(TM) Spa Treatment System alongside its current line of portable spas. EcoOne(TM) is an environmentally safe, nontoxic water treatment system with superior benefits to standard chlorine or bromine systems.
Effective immediately, every Hawkeye and Barefoot spa leaving the company's Richmond, Va facility will include an EcoOne(TM) Starter Kit, which is comprised of a suite of cleansing and maintenance chemicals. In addition, Hawkeye has instituted a worldwide campaign to market the EcoOne(TM) system to their database of existing customers and retailers.
The agreement marks the first instance in the company's 20-year history that it has endorsed a major chemical brand. According to Casey Murray, Hawkeye's VP of Sales, initial testing of the EcoOne(TM) system far exceeded the expectations of their development staff.
"We've tested the EcoOne(TM) product in side-by-side studies, as well as in numerous employees' personal spas, and the positive results have been nothing short of amazing," Murray said.
Existing Hawkeye and Barefoot spa owners may purchase specially-priced EcoOne starter kits by calling the company at 804.231.7727 or visiting www.pacificsandsinc.com/hawkeye/
Hawkeye is one of the leading portable spa manufacturers on the East Coast, with significant market presence in the U.S. and abroad. The company's two distinct product lines offer a multitude of innovative hydrotherapy ideas for both private and commercial use.
For more information on the Hawkeye/ EcoOne(TM) alliance, please contact 804.231.7727 or visit www.hawkeyemfg.com.
Imperia Entertainment, Inc. (IPRE) (www.imperiaentertainment.com) is a company which has emerged as a player in the area of independent film production and distribution, once monopolized by the major film studios. In conjunction with its distribution subsidiary, Imperia International Distribution, the company engages in investing in and producing and distributing full-length feature films. Along with its equity interest in "All That I Need'' (http://www.allthatineed.net), released in theaters last month, and which will go into DVD release February 18, 2006, its feature film in production, "Say It In Russian", written by Larry Gross ("True Crime", "48 Hours", "Another 48 Hours''), directed by Jeff Celentano ("Primary Suspect", "Gunshy'') and edited by David Rawlins ("Saturday Night Fever''), and "Whiskers", the family movie about an intelligent seal, produced by Jordan Klein ("Flipper", "Jaws", "Splash''), the Company has amassed an impressive media library, including the award-winning "Autograph'' television series which airs on the Colours Television Network, and the newly acquired "Faces and Names'' television series.
Imperia Entertainment, Inc. is a diversified entertainment production company, primarily focused on driving shareholder value by investing in and producing highly original television series and producing and distributing full-length feature independent films. Along with its equity interest in the widely anticipated, soon-to-be-released feature "All That I Need", the Company has amassed an impressive media library, including the award-winning "Autograph" television series, which airs on the Colours Television Network.
IPRE News:
March 15 - Imperia Entertainment Casts Alex Nesic in Role of Nikolai in Its Feature Film, ''Say It in Russian''
Imperia Entertainment, Inc. (IPRE) announced today that it has cast Alex Nesic, the star of Showtime's "Sleeper Cell" in the role of Nikolai, in place of Valery Nikolayev, who was originally cast and could not play the role due to a schedule conflict. "Alex likes the film and is excited about the role," said Rosemary Welden, casting director. "Alex, as the lead of a popular TV series, is a great asset to this production," said Kenneth Eade, Executive Producer. Nesic joins Faye Dunaway, Rade Sherbedgia, Steven Brand, Agata Gotova, Musetta Vander, Steven Berkoff, Oleg Vidov and Elya Baskin in the cast of the film.
Unico Inc. (UNCN) (www.uncn.com) is a publicly traded company incorporated in Arizona that is focused on the production of ores and precious metals such as gold, silver, lead, and zinc at its three mine properties: the Deer Trail Mine the Bromide Basin Mine and the Silver Bell Mine.
LOFTWERKS, INC.. (LFWK) "Up 10.70% in morning trading"
LoftWerks, Inc. (LFWK) , founded in 1994, specializes in urban real estate redevelopment, by acquiring underutilized, strategically located, buildings with profit potential. LoftWerks' target market is the home buyer who prefers suburban living alternatives, in revitalized metropolitan centers, to suburbia.
LFWK News:
March 15 - LFWK Further Discloses Shareholder Information
LoftWerks, Inc. (LFWK) today announced that its original plan of shareholder disclosure (as is practical) has been furthered by this announcement. Namely, that Company Insiders have purchased up to 5M more shares of LFWK on the open market. Thus, an already negative public float tips the scales even more impossibly lopsided than previously thought. This information is aimed to bolster confidence among shareholders by maximizing the transparency of disclosures regarding the public markets and its participants.
LFWK CEO Dennis Ammerman stated today, "This is what 'Short Seller Captured Capital' is all about. Insiders feel that the shares continue to be undervalued. The result is a stronger capital base for the present and future operations of this company. I want also to inform our shareholders that plans are, as always, moving forward with our relationships with Sulja Bros. and Consultech. We anticipate no delays. The financial reports for LFWK and Sulja Bros., which include revenues, net profits, and enumerated assets, have been released. I believe that the sound judgment of our shareholders will again carry the day as they agree with us that value brought about by the collective planning and hard work of dedicated colleagues far out strips the diminutive gnattings of annoying parasitical profiteers."
LFWK is in the process of securing two new buildings in Louisville, KY. The collective purchase price is $3.98M. The estimated net profit upon project completion is $1.8M.
Shortly after the merger with Consultech's Sulja Bros. Building Supplies, Ltd.(www.suljabros.com), LFWK will complete the merger with Consultech Construction Management Inc.'s Midwest office.
Transworld Oil and Gas Ltd. (TWOG) intends to become a worldwide company specializing in the extraction and production of oil and gas. The company's vision is to establish and enhance the company's foundation for future growth by developing properties that provide a balance between short- and long-term reserves in both the oil and natural gas markets. Oil and gas-related activities will include acquiring additional properties with potential for development and drilling. The company will work to establish and maintain a significant inventory of undeveloped prospects. The company emphasis is on production, cash flow and reserve value by exploring for, developing, and purchasing oil and gas properties worldwide.
TWOG News:
Posted by Enjoys$ on :
expect the price to be in .06-.08 range within 10 days.
Posted by Leritu on :
Any ideas on where the PPS ends up?
Posted by shomethamoney on :
Leritu - go back and read my earlier post with the example on page 2. People want to get cheap shares they can't send it to a price. People are buying and selling - you have to chose for yourself. I don't care if anyone buys. They didn't buy at .0085 and now look where we at. They chased it all the way to .03. This is for real and is not a joke. Another company is buying these guys and here is the offer. People either like it or not. Do your DD. But make sure to go back through TWOG and look where they are at in regards to drilling - Russia - There are in one of the top spots to drill oil. Again do your own DD don't take my word look for yourself.
Posted by MoneyMoneyMoney on :
I bought X .0075 .
Posted by njs300zx on :
lets see some more movement!!!!!!!!!!!
Posted by lucid on :
ILGY * 1.10!
Posted by shomethamoney on :
Patience - People are going to see - this is for real.
Posted by lucid on :
so we need to hold this till the second week of april to get 1 share of ILGY for every 10 of our TWOG shares?
Posted by shomethamoney on :
Great post small time!!!
Yes lucid hold them shares until then, and then your account will show the change. It may take a day or so depending on who your broker is.
Posted by stickfigurefred on :
If its Scottrade expect about a week at least Posted by shomethamoney on :
Hey for those of you that don't understand, if you want to figure out what your value of stock will be, then do this.
Take the amount of shares you have in TWOG divide them by 10 and then multiply that amount by the bid of ILGY right now and that will give you an idea of how good a buy you have!!!
Posted by lucid on :
ameritrade...
so my TWOG shares will be replaced with ILGY right?
Posted by shomethamoney on :
you got it lucid
Posted by Enjoys$ on :
whats the bid on ILGY right now?
Posted by joeyisthebest on :
ILGY bid is .60 ask is 1.10 in TWOG at .0205
Posted by nt on :
bid .60 x ask 1.10 vol. 500
Posted by Enjoys$ on :
thnx
Posted by lucid on :
how come on ameritrade i don't get bid and asks or L2s for ILGY and TWOG?
Posted by Enjoys$ on :
pinks
Posted by joeyisthebest on :
because they are pink sheet and you would have to pay extra for pink sheet quotes I beilve
Posted by holdensteele on :
In at .02. What a steal. Thought about getting in at .008, but of course declined. Still going to quadruple my money hopefully.
Posted by nt on :
.0075 and was ready to give up.
Posted by reidler88 on :
ok,,,,i see a lot of newbie questions,, so i will ask a few myself,,
what happened to the buying of twog out for .085
i hope i get this straight,,, they are buying them out with stocks of ilgy??
and you think that when the time comes that ilgy will be around the same price it is now,,,, im feeling a little nervous here,,,,, im holding onto 1million shares,,, and i want as much as i can get for them,, i hate working for a living,,,,,
Posted by finalwish on :
so when can we sell the shares and still get the dividen of igly?
Posted by rocktrader on :
Is it done or more gains?
Where do u guys see the L2's for pink sheets?
Posted by joeyisthebest on :
Bid up to .021 ask is .022 5K on both
Posted by njs300zx on :
Lets see another run!!!!!!!!!!
Posted by joeyisthebest on :
Setting up for an EOD run IMO
Posted by njs300zx on :
dipping a bit
Posted by trader_adam on :
.018!!! people jumping in? Don't know what to do, am riding free shares now...
Posted by shomethamoney on :
This is going to run higher as the days go because people want to get the shares of ILGY. Hold those shares folks. You're going to wish that you had.
Posted by njs300zx on :
I wanna see .085 per share soon.
Posted by coalkickin on :
I'm in TWOG, but I am nervous. I, along with most here, have learned that if something seems too good to be true, it usually is. I was going to bail this afternoon and take the 'guaranteed' green. I didn't, and pray it doesn't bite me in the rear.
Posted by njs300zx on :
I took the green but got back in after is pulled back. Need another run in the AM tommorrow
Posted by lucid on :
Yeah I'm nervous too... don't want to wait till mid april... but it might just cash out nicely.
Posted by shomethamoney on :
It's gonna run and run and run!!!
Posted by njs300zx on :
Anyone have any other good oil picks. OMOG did pretty good today.
Posted by shomethamoney on :
My picks running like a wild monkey!!! RSHN TWOG!!!!
Posted by Leritu on :
Sounds good to me, coming up out of the .017 range... now .0185x.019
Posted by shomethamoney on :
Last ten min. should be good. We can see a push and then on up Gapping in the morning and getting those who see the information tonight.
Posted by shomethamoney on :
Here we go folks up again!!!
Posted by Leritu on :
very nice EOD run going, .02x.021
Posted by shomethamoney on :
Can anybody say GAPPER!!!
Posted by lucid on :
BOOYA
Posted by shomethamoney on :
Very nice day indeed!!! I am looking for a good run. Enjoy your profits and we'll see ya bright and early tomorrow morning!!! GO TWOG!!!
Posted by shomethamoney on :
PS - the bid went up on ILGY also!! We may be getting ready to ride the big train!!!
Posted by lucid on :
where do you guys get BxAs for the pinks?
Posted by Leritu on :
I use scottrade's quickquote that gives the BXAa
Posted by lucid on :
did you pay extra for that? even with ameritrade apex i don't get bid, ask and L2s...
Posted by Leritu on :
Nope, didn't pay extra for the quick quote. You don't get l2's with scottrade, but you do get the bid and ask of every stock on the exchanges.
Posted by lucid on :
yeah this sucks i'm not even getting the bids and asks
Posted by joeyisthebest on :
etrade gives the bid/ask also
Posted by Trasq on :
+130% not bad at all.
Good EOD. Let's hope tomorrow we have also a great day.
ILGY shows where this is going. Hope it also goes up.
Posted by njs300zx on :
I get the Bid and Ask if I use the quote screen on Ameritrade. I don't get them on the streamer.
Posted by usasail on :
Those pesky 1/1000 RS's just seem to keep popping up... htt://www.pinksheets.com/quote/company_profile.jsp?symbol=ILGY
Posted by db on :
ILGY makes me nervous with a bid .65 ask 1.10 52 wk high 1.50 and last and previous of .80 seems all over the place - I'm watching ILGY close - I've had this for awhile and looks like more money coming for awhile
Posted by shomethamoney on :
DB they will keep it that way for a while until this merger is settled. I would think that they do not want a sell off when the shares transfer over. They would like people to give them a chance at showing them what the stock is capable of. By doing that there will be a balance of buying and selling, and not just selling and driving the price down.
The big thing is the oil drilling that these guys will be doing in the near future. ILGY is going to be a good stock.
Posted by njs300zx on :
If I'm reading it correctly, they only did a reverse split on ilgy shares on 3/8/2006 which seems to have nothing to do with TWOG shares. We are getting 1 share of ILGY
Posted by njs300zx on :
If I'm reading it correctly, they only did a reverse split on ilgy shares on 3/8/2006 which seems to have nothing to do with TWOG shares. We are getting 1 share of ILGY for every 10 shares of TWOG. The 1 share of ILGY is the value after the R/S I believe.
Correct me if I'm wrong anyone.
Posted by shomethamoney on :
You are right NJS - US is just trying to get cheap shares man - they miss the boat and want in cheaper. The split was on 3/8 and if you go to the TWOG thread and look back people were talking about the R/S - they had to, to be able to afford the share price of TWOG demanded. They turned down the .03 and said no .08. I would like to see .10 but I don't know if this can get over.079 because why would people pay more for it than .08 when that is the share price that is traded. The realistic last price I see for TWOG when it changes names is .07 maybe a little higher.
Posted by shomethamoney on :
The closer this thing gets to changing over on March 25th, the same kind of run is going to happen. Don't be surprised to see this thing push the .07 by next Thur.
Posted by shomethamoney on :
People do not want to miss out - Even if they buy moderate all of those willing to get in on the chance at more is going to add up to over. 07
Posted by lucid on :
njs300zx you're right... do you know why we don't get the B&As on streamer?
Posted by njs300zx on :
quote:Originally posted by lucid: njs300zx you're right... do you know why we don't get the B&As on streamer?
Not sure. Probably cause its a pink. I have alot of pinks that I don't get the B&A on the streamer
Posted by 7 of 9 on :
ILGY
ILGY is 0.65/1.15 right now, and it went up! today
it traded at 1.10 today!
this big gap is normal after a r/s
gaps are common on the OTC
the only reason pinks dont have gaps is bcs. they are massively maked shorted
Posted by reidler88 on :
yeah well i hope people realize,, that u will only get what ilgy is worth come second week in april,,, range seems to be .65-1.10 either way,,, there is money to be made,,,,
Posted by njs300zx on :
The bid .015 ask .04. May gap up in the Am hopefully
Posted by db on :
up tomorrow - ask .04 I think this is great for everyone - anybody reading the pr will want some of this - I was hoping thier previous pr on 12/15/05 was true - but who believes what any pr from a penny stock states - imo hold shares and watch ILGY to see where they are near the end - I thought it went from.80 to 1.10 on 100 shares - can they bring it down like that? maybe
Posted by banger on :
Bid 0.0150 (x5,000) Ask 0.0400 (x5,000)
Another run today.....
Posted by Trasq on :
Don't forget that ELGY can jump at any moment.
They are preparing and doing a good team to get that russian oil.
Some analysts already project $100 per barrel.
Posted by njs300zx on :
Hoping for a good run today again!!!!!!
Posted by matto on :
.04 today folks
Posted by Leritu on :
Alright! Beginning the morning (25min before open) with a gapper! .021x.0215!
Posted by 7 of 9 on :
holding 250k * 62
matto says 400 today
go matto
Posted by stickfigurefred on :
Don't let em munch your shares this cheap Posted by shomethamoney on :
Boys it's gonna be a great day - hold em for a double. I can smell the money!!!
Posted by nt on :
We got a plug from the MATTO FACTOR.
Posted by shomethamoney on :
There is going to be more news to come in the days ahead. Hold the shares because people are going to push this high!!!
Posted by Thomas Mick on :
My L2 (MicroCap.com) is not showing any MM's on this! Does anyone else have any information?
Posted by lucid on :
wow that dropped.... chance to pick up some cheap shares?
Posted by njs300zx on :
Taking a little dump here guys. Any guess as to why?
Posted by 7 of 9 on :
buy this shake guys
im in too low to buy more here
Posted by lucid on :
profit taking?
Posted by Robbie English on :
just profit taking.. this thing did go up 133% + yesterday so some just buying in the flip
Posted by Robbie English on :
anyone have a current stock count
Posted by Enjoys$ on :
back to .019
Posted by Robbie English on :
the lack of volume is not helping here today... should pick up later in the day
Posted by Enjoys$ on :
to .02 now and ready for more. Dont expect to much volume on a Thursday or Friday, Monday is when the fun starts.
Posted by djg7 on :
I was lucky to buy at the dip. Missed out yesterday no funds freed up in my account.
Posted by ATL8ball on :
What's the MATTO FACTOR ??
Posted by smalltime on :
ILGY INTERNATIONAL ENERGY LTD COM (OTC) Data provided by $1.15 0.40(53.33%) R Buy
Posted by nt on :
Matto on subpenny radio.
Posted by njs300zx on :
Where's the run again lol, I wanna see another one!!!!!!!!!!
Posted by db on :
ILGY back to 1.10 great!
Posted by shomethamoney on :
People are going to kick themselves over not buying this one. All I am saying is wait and see. As we get closer to the day ILGY will release news of their plans and it will keep going up. We will make a pretty penny on this one IMHO. Do your own DD.
Posted by db on :
TWOG back to .016 not so great
Posted by Robbie English on :
Unless ILGY stock falls to match the levels of TWOG this is a no brainer.... You only stand to gain on the 1 for 10.
IMO it is not plausable to believe this will happen. Everything is possible, but more than likely not probable.
Steady gains untill April.
Posted by Robbie English on :
The big thing here today is volume. Some will day trade this, most that are holding long are in, and we are just waiting for the news to catch on and get more people to buy in and hold.
Posted by bigdomer on :
buy buy buy
Posted by bigdomer on :
a gift from the uninformed.. right now this is worth .10. trust me, the big twog holders are going to drive up the ilgy price to get as much for there shares as they can can. you can too! buy now!
Posted by shomethamoney on :
Robbie, it is plausible - think about it. We get 1 share of them for 10 of ours. They bought us for .08 cents a share. Ten of our shares at .08 = 1 of their shares .80 - That is basically where they are now. It is an even trade off.
Posted by bigdomer on :
it is an even trade off when we get to .08
Posted by shomethamoney on :
10 x .08 = .80 - simple math people!!!
Posted by njs300zx on :
.015 and falling
Posted by SUZYBLAIR on :
SO AS LONG AS YOU BUY TWOG BELOW .08 THEN IT IS A GREAT DEAL?
Posted by bigdomer on :
think of this as a no brainer. dumb sellers! this is gonna make usxp look like a pink cupcake!
Posted by Enjoys$ on :
yes
Posted by finalwish on :
the bottom line is to hold the stock for 10 day to get the dividens, but alot can happen in 10 days. What if the ilgy go bankrupt?..then there is nothing left but worthless shares of twog.
Posted by Robbie English on :
I am glad someone understand that if you own it now, you could come in last place and still get a trophy and a Cheque.
Posted by shomethamoney on :
It is in our favor at this point. They are paying .08 and we are only at .018. I don't care if goes to .0001 to be honest. Think about it. It doesn't matter where we are it matters where ILGY is. Look at any buyout. They pay more for the company. What sense would it make for TWOG to say. Ok guys you can buy us for less than what we feel we are worth. Some of the people in here should never try to run a business or you would go broke. You sell your company for what it is worth. If I have a car that I owe $1000 dollars on, does it make sense to sell it for $800 - NO I would ask for $2000. The same with the company. If they are worth 1 mil they ask for 2 mil (Just an example to show my point).
Posted by SUZYBLAIR on :
WELL IF THIS WORKS OUT IM GOING TO THE BAHAMAS AND WALKING THE BEACH WITH MONEY FOR SWIMWEAR.
Posted by Enjoys$ on :
this is gonna close around .014 today, have a little pop on friday and monday back to .022, and then back down to .013 tues where it will find support and run to .04 and higher until mid april.
Posted by db on :
when we get closer to the 25th that will be when the big run starts - better have shares before that - alot of watching going on now
Posted by bigdomer on :
im buying this baby up to .035.. i dont care.. i know im getting at .07-.08 out of this... ive seen this happen before, where penny stocks that get bought out dont get realized in the market but you still get the huge premium buyout! this is a steal if i ever saw one.. free money as far as im concerned
Posted by Opethian on :
bought 50k at 0.0165
Posted by bigdomer on :
there should just be one big run and then it will trade in accordance with ilgy.. at least thats what normally should happen. but this gift is too good
Posted by stickfigurefred on :
Loaded up some more myself Unbelievable how low this is after confirmation.
Posted by shomethamoney on :
My only wish is that I had waited knowing how foolish people are. I could have bought a lot more, but I will be in the big green come April!!!
Posted by bigdomer on :
wake up people.. for your own sake.. buy this freebie right now. .018. lol.. buy it will be .07-.1 in a week or so
Posted by bigdomer on :
this is the first time ive seen "the ask" get totally taken by the buyers.
Posted by stickfigurefred on :
Good buys comin in
Posted by shomethamoney on :
Big D - I told a buddy of mine that trades with me, that if this thing goes back down to 14 to load up another 100,000 and I would pay him back. I have put a big chunk in this one and would buy more. I am honestly dumbfounded by all of the selling. People thought TASR was too good when it went to 300. USXP when it went to .04 HISC when it went to .15. Some of these people have sold and will look at this and wish they would have taken the "too good to be true". LOL people wake up!
Posted by bigdomer on :
good call shomethamoney!
Posted by Opethian on :
matto you still think this will go higher? you're one of the few people I trust haha
Posted by matto on :
YES I DO
Posted by Opethian on :
awesome!
Posted by Leritu on :
Great to hear Lets roll TWOG!
Posted by bigdomer on :
yes.. this is not speculating about a takeover, the deal has been made, its done and depending on ilgy trades, which is usually from .075 to 1.1, 1/10 of that is ours.. so we are worth.. RIGHT NOW at least .07.
Posted by matto on :
i am not leaving this stock
Posted by Leritu on :
bigdomer, did you mean a different value than ".075" on the range for ilgy? Perhaps .75-1.10? B/c that's about accurate
Posted by bigdomer on :
i just dont think enough retail buyers know enough to bid the stock up to where it should be, but rest assured come april we get our .07-.1 regardless. i wouldnt be suprised it the big twog shareholders and insiders started biddding up the ilgy price to get even more out of the deal. (if they can)
Posted by smalltime on :
ILGY INTERNATIONAL ENERGY LTD COM (OTC) Data provided by $0.90 0.15(20.00%)
Posted by bigdomer on :
yes thats what i mean leritu. sorry about that ilgy is worth .75 to $1.1 which = .07-.11 for us.
Posted by SUZYBLAIR on :
CAN TWOG STILL DO A R/SPLIT SO ILGY WONT HAVE TO BUY SO MANY SHARES?
Posted by AgentGPF on :
quote:Originally posted by shomethamoney: 10 x .08 = .80 - simple math people!!!
TWOG is not .08 dude.
Posted by shomethamoney on :
Leritu - Big D is just showing the 10 for 1 ratio .75 divided by 10 = .075 for us since we get 1 of their shares for every 10 of ours.
Posted by bigdomer on :
no, ilgy is required to buy all assets including all shares. twog has rights to do r/splits..
Posted by shomethamoney on :
AGENT please read the posts before answering ignorantly. I was showing the trade value. ILGY was at .80 yesterday - TWOG was bought out for .08. 10 of our shares at .08 = 1 for.80 which is where they were yesterday.
Posted by bigdomer on :
what is your calculation agent gpf?
Posted by bigdomer on :
breaking out soon..
Posted by Trasq on :
ILGY is doing the purchase because they expect a benefit. ILGY itself should also fly.
Posted by Leritu on :
We're moving on up now! Good volume.
Posted by shomethamoney on :
BIG D I may not get those extras after all LOL. Now that was too good to be true LOL.
Posted by bigdomer on :
its like, were insured $. only matter of time and other getting in on it...
Posted by shomethamoney on :
Hey it looks like the lights might be coming on for some of these guys LOL!!!
Posted by bigdomer on :
no more cheap shares... if you want to make a 1000% profit, youre gonna have pay a couple more pennies. sorry
Posted by Enjoys$ on :
what do the level II'a look like on ILGY?
Posted by Opethian on :
0.0175 x 0.02 the spread's kinda big... (thats for TWOG)
Posted by shomethamoney on :
HAHAHAHA right on BIG D - You buy em books and send em to school and what do they do? Use the pages in the books for toilet paper HAHAHA. Sold out cheap and now they gotta pay to get in HAHAHA. Listen to wisdom kiddos!!!
Posted by Opethian on :
ILGY is 0.65 (2500) x 1.15 (500)
Posted by Leritu on :
Now we're TWOG .019x.02
Posted by njs300zx on :
Do we think the profit takers are done?
Posted by Leritu on :
Not sure... I think it's just flippers now... we got 9 days to still rise... we did go up over 100% yesterday... so regrouping before the next push wouldn't be a big shock to me.
Posted by shomethamoney on :
I believe we will have another big run and then profit taking and then a strong push on the 9th day.
Posted by shomethamoney on :
Hold them shares people because flipping this thing will cost you. Ask everybody that gave in this morning. You know that sick feeling you get in the pit of your stomach. It's not because you're hungry either, it's because you have to go tell your wife you gave somebody else your lunch money hahahaha. JK. Hang in there it may come back down in the next couple of days and then you can jump back in. And please don't anyone ask me about the issue with tax write offs because i already know that. But it is better to pay on 5,000 than to lose 1,000 and wish you had of stuck in there! GO TWOG!!!
Posted by bigdomer on :
ive been buying this .0185 thing like no buddy's business
Posted by cottonjim on :
OK, i'm in at .0185 but I do have to question something. When I look up ILGY I got the company name of International energy Limited so I Googled it, and nothing, not one piece of news, no web site. So I looked a little deeper, It seems that ILGY used to be BDWH which did a R-split and left some folks hanging, then changed their symbol. Do I have a reaon to be concerned here. I like my money to much to just give it away.
Posted by Leritu on :
Good work bigdomer... I know we all wanna see this thing be at it's real value... .08
Posted by Leritu on :
No cotton, they JUST changed their symbol... literally like 5 or 10 days ago. That's why you're not finding anything. The reverse split just occured on 3/8/06, so it's also very recent. You're money is safe here, and at the very least, good for the rising value TWOG will see as it approaches the 2nd week of april.
Posted by bigdomer on :
i woulnt worry cotton.. that is a whole other deal, this one is done, you cant manipulate the value of your stock like that during an aquisiton.. that would surely be an sec issue! dont sweat it.. buy at these levels and dont sell till at least .06
Posted by shomethamoney on :
I smell the green of money big D - headed on out to lunch - You guys take my calls lol.
Posted by cottonjim on :
Alright, I feel a bit more secure if for nothing else than from the advice of strangers. You do seem to be fairly educated strangers however so I doo feel a lot better. Thank You
Posted by Leritu on :
Excellent Glad to have you aboard cotton.
Posted by bigdomer on :
cant get filled at .019
Posted by bigdomer on :
good sign.. gonna buy more i guess a little higher. no difference to me. later showme
Posted by finalwish on :
Just wondering if it is possible for twog to do a rs or ilgy to go bankrupt..either case the value of the stock will drop to 0.
Posted by Brutus2600 on :
Ok, so if I'm to understand this right (after reading the thread) if I buy 10,000 shares of TWOG at .019 for $190, the second week of april I'll be getting 1000 shares of ILGY, which at the moment is trading between .65 and 1.15?
Yeah, this SEEMS like a no brainer to me. So much so that I'm worried there's some catch somewhere that I'm missing.
Can anybody shed some light on this?
EDIT:
Looking at charts it shows that in the last six months ILGY's stock has been all the way up to 300 and has just slowly fell all the way to a dollar. Isn't that a bad sign? I'm sorry for all these questions, I don't have any background on this deal (looking though), but the thread intrigued me...
Posted by llatffej on :
i think we may be in for a little bit of a run after lunch
Posted by bigdomer on :
thats exactly how it works brutus
Posted by bigdomer on :
gonna have to pay up to get those shares.. well worth it.. just paid .019 and then some small bid got filled at .0175.. if want enough shares.. gonna have to pay up to .019-.02
Posted by djg7 on :
That's still a good buy big d. I will get more tomorrow. This is a no brainer if the news is true.
Posted by bigdomer on :
get rid of the dead weight in your portfolio and buy this gem now!!!
Posted by llatffej on :
thats what i did yesterday bigdomer
Posted by njs300zx on :
going down again
Posted by bigdomer on :
doesnt make any sense, im buying.. price too good.. just not getting filled for any decent order till .019
Posted by bigdomer on :
got small fill at .0165 gonna raise it if i cant get filled anymore
Posted by SUZYBLAIR on :
Im new to this and have bought some shares of twog. I just can't figure out how a stock that has so much to offer in few days is trading the way it is. If you are said to make so much of a gain wouldn't people be fighting over this stock and if they were then the price would be high. It doesnt add up for a hot item to drop in value. Please help me understand if you can.
Posted by Leritu on :
We're all working to get our minds around it suzy... all we are thinking is that people are flipping and we still have 9 days until the date you have to be settled by... so people are still taking some profits and trying to get in a little lower. The best advice now is to pick a value, buy it, and look for a steady march forward to the 25th and then into the 2nd week in april.
Posted by Enjoys$ on :
there is 10 days until closing date and there are thousands of people asking the same question and speculating whether to get in or not, but since the price isnt moving no one is buying. When it gets closer to the 25th people are gonna say f-it im buying this it is to good to miss and then the price flys!!!!
Posted by bigdomer on :
i think enjoys said it best.. as unprofessional and unlogical as it is, its just gonna be like, ok i guess now or never.. but i would buy now in case of a big run up. never know
Posted by Enjoys$ on :
FOR GOD SAKE YOU HAVE TO BE STUPID to not jump on this deal. at this point i think people are waiting for the price to drop more so they can get more shares for their money. When they realize that its not gonna go any lower they will buy and then the price will move and then everyone else will buy, its a domino effect.
Posted by llatffej on :
i keep buying shares thinking its the bottom but it keeps going lower
Posted by SUZYBLAIR on :
Do you think that ILGY is buying up all the shares they can at these prices?
Posted by Wilder on :
i don't mean to crash the party -- but use your head guys.. there seems to be a lot of irrational exuberance.
i think someone said earlier - if it sounds too good to be true it probably is. Hopefully you guys get your run but I would be cautious.. looks prime for a R/S. Hopefully I'm wrong.
Posted by Trasq on :
Fear vs Greed
At the end what moves the price are emotions.
Posted by njs300zx on :
Is does look prime for a R/S but I'm willing to take that chance since I'm playing with free shares now after yesterday
Posted by bigdomer on :
not going to be a r/s. it's going to pop. this stock is in stelth mode right now
Posted by Trasq on :
When they made the deal they mentioned the R/S only for BDWH that latter became ILGY.
The only difference is that the R/S was 1000 to 1 and not 100 to 1. That is the reason of the 10 TWOG shares for each ILGY, and not 1 for 1. The mathe is the same.
Posted by Brutus2600 on :
Sorry for my ignorance, but what is R/S?
Also, looking at the last 6 months of ILGY, the most it's traded in a day is a little over 30,000 shares (unless I'm reading the cnn chart wrong). To me, this means that there isn't much demand for ILGY, and with all these people buying up TWOG just so they can sell it come the second week in April...
All I'm saying is you'll either have a hard time moving your shares at the prices you want or the prices will drop and you won't get the return you're thinking of.
This could just be my inexperience at the market, but that's just my reasoning...
Posted by shomethamoney on :
Boys & Suzy just got back from a nice steak at Chili's - They have the best Sirloin and loaded mashed potatoes!!
Hey we got R/S people in here huh hahaha. Big D let'em believe it. We can pick up more shares - All the weak hands listen to the package salesman from Cali. Wilder.
Ask all of your buddies that sold at .0146 this morning how they feel right now. Sell your shares because their are those of us who would love to buy em low!!!
Posted by njs300zx on :
I understand that Trasq. It's still a penny stock though and you never know. I would love to put all my eggs in one basket and hope this is all true, but I keep my pennies to free shares and my initial investment is always taken out.
Posted by shomethamoney on :
Tras good post but you have people in here that won't listen so I'm giving up on answering them. See ya in the green holders - folders thanks for your money!!!
Posted by Trasq on :
Reverse split.
Posted by bigdomer on :
yah this negetivity is crazy... THE DEAL IS COMPLETED. the only reason this stock isnt trading with ilgy right now at the .08 level is because of this very skepticism.. i guarentee if it doesnt move up anyway by 2 days of expiration, on those last two days it will explode.
Posted by bigdomer on :
whos the .0161 bid? pay up... your holding it down... you might get like 5k shares.. this is a buyers market..
Posted by njs300zx on :
I'm not being negative, I am holding this till the end. I'm letting some of the newbies on here know that they should put all there eggs in one basket when it comes to the pennies. On the runs take your profits and trade with your free shares. Look at QBID and how many people got burned. I took my profits on that stock ran like hell. lol
Posted by njs300zx on :
wow who's in RSHN, I'm taking my profits now on that too lol. More to put into TWOG.
Posted by bigdomer on :
insn a great buy right now too (down 25%) .. i think that one could move in the coming weeks.
Posted by amswap on :
Ok, so everybody is loading up on TWOG to get the 1 for 10 of ILGY. Right now ILGY is trading at around .80. When the trade takes place, guessing the shares of twog are at .02, it will cost you .20 for a .80 share of IGLY. If you were able to sell immediately at that price, you just made 4 times your money. I'm new, but if this is what was going to happen, why wouldn't so many more people be doing this? Just curious as to how people can believe this would really happen with everything you see happen with pennies. With that said, I do own a few shares and will see for myself.
Posted by Opethian on :
amswap, I think the doubt you're expressing in your post is exactly what other investors are feeling, and that's probably what's keeping investors from buying this one. I admit it does sound "too good to be true", but then I think of IVOC that had similar spinoffs, and that was a great dividend play
Posted by Opethian on :
I just bought more
Posted by Leritu on :
If we don't see a strong close today, I am convinced we will see one tomorrow. We need more awareness and just additional confirmation in the form of buying.
Posted by glenngsxr on :
Just because ILGY bought TWOG for .08 a share doesn't mean that it will go to that. In fact, if you do your research and go back to other previous buyouts, the company being bought almost never reaches the buyout price. I am a holder and I do believe it will go up some more in coming days, but not to the price of ILGY by any means. If that was the case, wouldn't everybody and there brother get into TWOG right now while it's cheap. Usually the buyee gets to about 75-85 percent of the price they got bought out for. That still ain't bad. I expect this to get to about 5.5 to 6 cents.
Posted by llatffej on :
i agree leritu. i think we will see .02 by close if not more. tomorrow will be all green
Posted by shomethamoney on :
njs - Rshn is going to run as well. My thought is, what if there is no news tomorrow is there going to be a massive sell off from emotional newbies. I would wait and see if the volume and the price stay at the top, if it does your sure for a gap up tomorrow morning and then possibly sell and get in cheaper. If there is no news somebody will definitely sell. I am going to try and buy a big block next week before I go on vacation.
Big D - what does the RSI chart and the MA's look like right now for INSN
Posted by bigdomer on :
i agree glenngxr.. but intraday it usually does get to the actual price (.08), but usually closes alittle lower.. but still the gains are unprecedented
Posted by bigdomer on :
who keeps bidding so low at the.0165? your not going gonna get anything.. mabye like 5k shares. you have to pay up
Posted by bigdomer on :
rsi really strong on insn.. from what i understand contracts about to be announced... i bought at .0004 and alittle at .0005
Posted by llatffej on :
i know... its time for this thing to move up
Posted by Leritu on :
Yea, I am ready for just a little movement. Some positive confirmation would do WONDERS for this PPS. Even getting it to .03 or in that neighborhood would be HUGE
Posted by njs300zx on :
Let see .03 today lol
Posted by matto on :
we will see buyers coming in for fri!!!
Posted by stickfigurefred on :
Has anybody clarified if the TWOG->ILGY shares will be restricted or not?
Posted by llatffej on :
looking for a run now .018
Posted by matto on :
come on
Posted by bigdomer on :
im not even worried about it.. .05-.06 either tommorow or next week... some one will bid this up
Posted by Enjoys$ on :
Well, I have to admit I am impressed. After a 100%+ gain, it only loses 10%.
Posted by Robbie English on :
Matto, good call. There will be no R/S. This deal is done and signed based on how the company sits. If there was going to be an R/S to bring the share price in line this would have happened before the deal was concemated.
This is a very legite deal. Very common in the business world. Do not stress yourselfs out of making a deal you may regret later. If you do not have the stomach for this, pick another stock.
Posted by db on :
this stock has already been r/s 10 for 1 for the buyout, the deal is done - money will be based on ILGY - I'm not worried about any more r/s - they don't have to
Posted by lucid on :
i should have loaded up with some more when it was at the day's low... oh well!
Posted by dmort on :
What's the future look like for ILGY ?
Posted by Opethian on :
I wonder if it's a good thing to short ILGY soon, cause when everyone gets their ILGY shares (which, currently, is worth much more than TWOG at this price), most people will sell and drive this thing down IMO, something to think about
Posted by 7 of 9 on :
quote:Originally posted by Opethian: I wonder if it's a good thing to short ILGY soon, cause when everyone gets their ILGY shares (which, currently, is worth much more than TWOG at this price), most people will sell and drive this thing down IMO, something to think about
you cant short pennies
Posted by Opethian on :
ok yeah I just realized I was talking about a penny, I feel dumb now hehe
Posted by bugman55 on :
Somebody's out there doing it. How do they get away with it?
Posted by Leritu on :
I really do think this stock is going to make great money for us. Like everything, requires a little patience, and a little guts to hold when everyone is speculating. Stay true longs!
Posted by shomethamoney on :
Each Transworld Oil & Gas shareholder will receive one (1) share of International Energy, Ltd. for every ten (10) shares of Transworld Oil & Gas. Shareholders of record on March 25, 2006 are expected to receive the dividend by the second week of April 2006. Further transaction dates and details will be announced in the near future.
The countdown has started and by next Friday this stock will be RUNNING CRAZY!!! Look up TWOG and see where they are drilling (I'll give you a hint and it starts with the letter - RUSSIA)!!! ILGY is buying them for a reason!! They are even looking to get in on other markets to trade the stock as well. Do your own DD - This stock will run folks and the dividends are going to be spectacular!!!!
Posted by Leritu on :
Good insight from another board: (rberb13) "I think a lot of players are still on the fence with this one. One of those "to good to be true" things. As the date of divy approaches I think interest will pick up to the point where sooner or later anybody "thinking" about getting in will have to as the pps begins to rise. Overall it was nice to see the pps hold rather well for being up 100%+ yeasterday and today it only retraced about 10%."
Posted by plni on :
After reading and rereading the news bulletine I bought 4000000 shares at .017 I believe I will buy more tomorrow if i can (early or no chance) and I hope all of you look at this very carefully.
Posted by JOELGA on :
68 grand worth of this stock plni?
Posted by Rbreb13 on :
quote:Originally posted by Leritu: Good insight from another board: (rberb13) "I think a lot of players are still on the fence with this one. One of those "to good to be true" things. As the date of divy approaches I think interest will pick up to the point where sooner or later anybody "thinking" about getting in will have to as the pps begins to rise. Overall it was nice to see the pps hold rather well for being up 100%+ yeasterday and today it only retraced about 10%."
You misspelled my name, dude! Posted by Leritu on :
Haha! So I did, mis-type, at least I tried to pass along some props! Posted by vincentvangogh on :
hope everyone is ready for payday soon... how clear can this be.. huge dividend payout..
Posted by Leritu on :
I am excited, this is the stock to own for the next few weeks... growth to the merger price... sweet Posted by lucid on :
i'm actually hoping for this stock to dip so i can grab some more Posted by upupandaway on :
Any newbies on the thread I would be cautious with this one... 10 for 1 if the 1 is no good is... well... no good.
I am not saying it will not work out but be cautious.
This sounds good on paper but please research it yourself rather than just reading forums and seeing $$$
For example, what kind of interest is there in ILGY... not just what does its current price show but what kind of volume has it had the last few days if you had it and wanted to sell.
If you do buy be very careful holding until the divy... a lot can happen between the divy day and the day you actually get the divy... if ILGY slides hard after the divy day there goes your money.
Posted by Opethian on :
the PR says "Each Transworld Oil & Gas shareholder will receive one (1) share of International Energy, Ltd. for every ten (10) shares of Transworld Oil & Gas. Shareholders of record on March 25, 2006 are expected to receive the dividend by the second week of April 2006"
Does that mean we have to hold our TWOG shares until we get the div. or until the close on the 25th?
Posted by stickfigurefred on :
I must say, reaching anybody at these companies is about impossible, very unprofessional. Their answering systems are sub par, if you do reach a voicebox its fairly generic, never disclosing the company names. IMHO I would sell into a run and would not hold these as there are too many questions unanswered about business activities and type of stock being issued. Also watching the really low activity on ILGY, I don't think it's going to hold value in the near term after the buy out. All my opinion of course. I hope to be wrong, just a gut feeling.
Posted by shomethamoney on :
Ready for a good run. Thanks to all the people who know nothing yet put their two cents in. It's because of you that I can buy more shares and set back while you go to work each morning. Learn about the stock market and then give advice. Do your DD newbies. There is a thread put on by lilpennypincher (I think I spelled the name right) It will help you. Alot of these so called anaylst of "I'm not telling you what to do but" are people who took their savings and lost it and now want to get in cheaper. They are the ones that sold yesterday at .0146 and now want you to sell as well. All of us who have studied the stock know that ILGY used to be BDWH (not a good company, but did an R/S so that they could by a company that has interests in very good potential areas namely Russia) Look at the last couple of days charts. There is a lot more buying pressure than selling. Read the MA's, MACD, and RSI. Do not listen to what so and so's uncle Billy told them about this stock!!! Looking for great things!! See ya in the green holders, and thanks for your money folders!!!!
Posted by Robbie English on :
How true could not say it better myself MONEY.
Posted by Trasq on :
A little history
BDW Holdings Ltd. Reaches Agreement With Magellan Energy Wednesday December 14, 10:40 am ET
ORLANDO, FL--(MARKET WIRE)--Dec 14, 2005 -- BDW Holdings, Ltd. (Other OTC:BDWH.PK - News) announced today that it has reached an agreement with Magellan Energy, a company headed by Mr. Michael Shtaif, to be a partner in projects that Shtaif has identified for purchase. These projects, located primarily in Russia, are producing oil at present and production can be readily increased.
Mr. Shtaif was formerly Vice President of Operations for TNK-BP, which is the BP operation in Russia. Mr. Shtaif is intimately familiar with oil production in Russia and BDWH is very pleased to be a partner in this operation. Other partners that Shtaif is bringing into the group include major international oil companies and European investment banks.
BDWH plans to change its name to International Energy, Ltd and consolidate shares on a one for one hundred basis as part of this new corporate focus.
Posted by Trasq on :
This is news from yesterday.
See, also form FL.
I think ILGY is after something big.
------------------------------------------------
Magellan Energy Ltd. Completes $120 Million in Private Placements Thursday March 16, 8:30 am ET
ORLANDO, FL--(MARKET WIRE)--Mar 16, 2006 -- Magellan Energy Ltd. (Other OTC:MGGL.PK - News) announced today that it has completed private placements for a total of one hundred and twenty million dollars ($120,000,000 USD). The proceeds will be utilized to purchase producing oil and gas assets. More information regarding the use of funds will be released as it becomes available.
About Magellan Energy Ltd.
Magellan Energy Ltd. intends to become a company specializing in the extraction and production of oil and gas. The company's vision is to establish and enhance the company's foundation for future growth by purchasing and developing properties that provide a balance between short and long-term reserves in both the oil and natural gas markets. The company is a technology-driven company and is focused on the development, acquisition, stimulation, rehabilitation, and asset improvement of small to medium-sized oil and gas properties. The combination of energy fuel reserves and advanced yield technologies are anticipated to generate value for Magellan and its stakeholders as the company targets above average growth in the energy sector. Oil and gas-related activities will include acquiring additional properties with potential for increased production in addition to further development and drilling. The company will work to establish and maintain a significant inventory of undeveloped prospects. The company emphasis is on production, cash flow and reserve value by exploring for, developing, and purchasing oil and gas properties worldwide
Posted by shomethamoney on :
Good finds TRAS - Listen to the news folks it is going to happen!!!
Posted by lucid on :
wow strong open!
Posted by lucid on :
haha or not...
Posted by shomethamoney on :
The buys are going to come in today IMO - no one wants to miss any chances of monday gapper and news.
Posted by vincentvangogh on :
im buying
Posted by Leritu on :
I really would like to see some positive upward movement here. I think we will see that today before the weekend begins. Remember, it normally takes 3 days for a broker to settle a trade, so tuesday of next week is the latest people can buy and still be recorded for the dividend. I think people may get in now in case of additional positive news.
Posted by Trasq on :
ILGY +17%
At the end it's better than the variations in TWOG if you are already in.
Posted by shomethamoney on :
SWEET!! I want cotton jim to be around when this does take place and also super sniper baby diaper. That guy has been wrong so many times. Ask the snipster about his big PAIM buys. He and cottoncandy jim don't know jack about stock picking.
Posted by smalltime on :
Sombody give this stock a kick in the butt to get it moving up..............
Posted by Leritu on :
No kidding... I am still perplexed by it's movement. I still think it's MM stall games though. A solid spike in volume would really get this rolling. All we need is buying confirmation
Posted by shomethamoney on :
Guys remember it took off in one day. It will take off again before the final merge goes again and then you can either fold or take the divvy. The divvy is looking really good!!! Patience is the key hear. Emotions are getting some of the weak hands.
Posted by Leritu on :
quote:Originally posted by shomethamoney: Guys remember it took off in one day. It will take off again before the final merge goes again and then you can either fold or take the divvy. The divvy is looking really good!!! Patience is the key hear. Emotions are getting some of the weak hands.
True true, patience is the key here
Posted by shomethamoney on :
Right on leritu. We are going to be looking at a nice paycheck in just a little bit. Hang in there.
Posted by cottonjim on :
I want to make one thing abudantly clear here, I was never bashing this stock, nor was I pumping it. I am in this stock, and why not, the return on investment potential is definatly there. Shome, I don't go around here insulting people or their picks, I leave that to people like you. I hope this thing goes through the roof, I want you to be able to say I told you so. Why the he*l are you hurling all the insults?
Posted by shomethamoney on :
Cotton - don't give me your junk - you go in and tell people you are not there to tell people whether to buy or sell and then bash the stock to death because you no doubt lost - so go back to the woods and keep your opinions to yourself if you are going to keep the insults. Don't even go there pal!
Posted by shomethamoney on :
Go back and read what you said and tell me how you would feel if you owned the stock. On top of that you know nothing about chart reading or technicals or you would have based what you said on fact instead of your opinion so get lost.
Posted by cottonjim on :
No prblem buddy, thanks for the rousing intelectual(that means smart) conversation though. GO TWOG, make me a liar, and rich.
Posted by njs300zx on :
No volume. Everybody is probably waiting till next thursday or friday.
Posted by cottonjim on :
Shome, I don't want to say anything else negative here. Lets just say I did my research and saw a few questionable aspects. Like I mentioned before, I am in this stock and i am hoping it does well, i suppose i am still a bit concerned though. I don't want a war of words here, I have read several of you other posts on other topics and you seem like an inteligent person. Why can't we all just get along, and try to make a few bucks at the same time. Peace. Also, I agree with njs300, I think we we may be a little to far away from D day for the volume to be real high.
Posted by shomethamoney on :
Cotton I have no problem with that. I just find it hard to believe that someone would type out everything that you did bashing the stock and then tell me that you own the stock. That doesn't make sense. By typing that you were telling other prospective buyers that it was a bad buy, yet you say you own it. You are contradicting yourself unless you bought too high or sold to low after buying too high and are wanting back in lower. If I am wrong then so be it, but look back at your email and then read this email. If you were a buyer would you listen to yourself. I wouldn't. I could go and bash CWFG because of some money that I lost there when I saw guys posting stuff, but I held my piece after I sold. If you like a stock buy it and cheer it on. If you get burnt go on and forget it. No hard feeling between us!!!
Posted by cottonjim on :
Fair enough, I bought in on Wednesday and Thursday at the average price of .018. I am tempted to seel when the price runs up, I am more temted to keep all the stock until the aquisition. Not sure what i'm going to do yet.
Posted by cottonjim on :
What are your thoughts showme?
Posted by shomethamoney on :
I think that if you look at the chart the volume is showing low volume but the volume is mostly buying. That shows that people are buying in small pieces to make sure they are in if something should happen but not putting their whole portfolio in. You should see some more buying at the end of the day today because people will speculate on news for monday. After that it will be news and the day before the final day to purchase stock to get in on the divvy coming. This should easily run to .05 or higher by next week.
Posted by cottonjim on :
I hope you are right. Most all of my funds are tied up in stocks that are waiting for things to happen, and of course they are all going to happen soon. I have CNES, BKMP, JPHC, VWKM, TWOG and I am still holding my PAIM. All wait and see stocks.
Posted by upupandaway on :
Newbies please keep your eye on ILGY... it is not looking good and that is what all the hype is based on: what will ILGY be worth when the divy is available for you to sell... not even where is it the day they execute the divy but what do you anticipate it to be when you can actually trade your divy shares?
There could be a run up next week and some money be made selling before the divy date but if anyone actually holds til the divy date and makes bank purely by selling those divy shares, please post it here.
I don't think it will happen.
For ILGY to have held the value it had prior to the R/S the previous stock would have to have been .0007 when the R/S was executed based on today's close... I think it was higher than that based on some posts I read on this forum.
If it was higher than that then it has slid post R/S and there is no reason it will not continue to slide with a whopping 6k volume day like today and at that it lost 12.5%
btw, I don't have a position in this and no I did not lose my entire savings so I am trying to get into this to make up for it... I made bank on AMRE and am in RSHN and have no intention of buying this after I researched it.
I just don't want anyone new to see $$$ signs because they pull out their calculator and run the numbers then buy TWOG thinking they will have a guaranteed 8 bagger on their hands.
stocks have a habit of sliding over a period of time after a R/S... NDOL anyone?
Where will ILGY be next week and the week after based on what we are seeing now?
Posted by dmort on :
Short term I think there is money to be made on TWOG - before the stock swap. The selling we have seen with ILGY are insiders/BDWH people cashing out. Post swap I think ILGY will trade in the .04 range. Could be wrong. I thought TWOG would move up a bit today too hehe.
Posted by Enjoys$ on :
dmort, insiders cashing out? with only 40k in volume in the past 3 days how can you say that. Not to mention that the value of the insiders shares pre-split is more than 1$.
Posted by Rbreb13 on :
Next week should be fun.
Posted by shomethamoney on :
up - I have interest in RSHN but let's look at both companies - both at sub penny level - both have potential RSHN with bottles (which have not taken the world by storm yet, but they will) TWOG going to ILGY - land involvement drilling up in RUSSIA which is already a proven oil reserve more money for ILGY to run off of. I want to see you post in here after the trade and see your reaction to the ILGY run up and remember they are also looking at changing to a higher level market which means that they have to carry above $1.00 - All penny stocks should be investigated, but their is no solid revenue in RSHN either - have you seen any reports from CORR - any audits - no so don't knock what you don't know.
PS - and it is always hard for me to believe guys like you and supersniper who prey around on other threads and supposedly own no stock in the company or lost because you made bad decisions. Dmort I don't even pay attention to because he knows as much about stock as my six year old, I take that back my six year old knows a dollar when he sees it!!!
Posted by Trasq on :
Where's everybody?
We need 3,537 more posts to reach RSHN, or 12,202 more to reach GZFN. Well...
Considerations on this issue.
There was a PR on Dec 9th that mentioned a minimum of $0.085 per TWOG shares in ILGY shares. If ILGY came down we could get more shares of ILGY, if ILGY raised we could get less shares. I guess that’s why the “10 for 1” was defined.
TWOG rose to a maximum of 0.03 on Wednesday, ILGY has gone from 0.6 to 1.50 in the last two weeks.
How much is too much to pay for TWOG? I would stop between 0.045 and 0.050 and then wait to see what happens. After the share exchange ILGY could come temporarily down because of short-term investors selling their positions.
Where will ILGY end after all the dust settles? No idea. Depends on plans, PR’s, etc. I think well above 0.85. ILGY management is not doing all this to lose value.
The important thing in here is that everybody shares his/her information and ideas so we can act based on facts. I welcome comments as cottonjim’s. That’s a valid comment, I thought about that myself a month ago, but discarded it because of PR’s and deals with other companies, and increased my position.
Good luck.
Posted by joeyisthebest on :
Well I have 10,500 shares at .0205 wish I had more free funds to invest would like to avg. down but I think we should pop to .04 at least and I will sell at .03999 get out then get back in on the dip to .025 I think thats what is going to happen this week hopefully I am right but if wrong and pop to .05 oh well and no fall back to .025 I would be ok because one thing I have learned is when you have a chance to take profit Take it in penny land everything runs up and down. Which means if you sell at .04 or .05 it will comedown under .03 again
Posted by borgamAFG on :
My 1st messege and new to investing. I hope all this is true. I am in 50,000 at .0169. Monday will be another day like friday will see after that.
Posted by PENYSTOKMILIONAIR on :
In for 400,000, first bought at .0062, and added more on Friday at .0171! I have been in TWOG since AKOL, I love the company and love this buyout deal, it is a remarkable plan, which helps TWOG shareholders and IGLY shareholders, buy some IGLY as well TWOG shares, get started early on your IGLY arenal!
Hope you all had a great St Pats Day!
Posted by bigdomer on :
no worries.. theres no way twog will take .02 per share on this deal... it will be at least .08. its actually in our hands...
Posted by captain america on :
im with ya joeisthebest im in at .021. im hoping to sell at .039 if im lucky. this stock is only short term.
Posted by joeyisthebest on :
Captain America I am looking for possibly two flips on this stock this week to hit a quad on my money. FGFC I got 159 shares at 2.77 hope that they can hold a dollar after the 10-1 forward split only 2.5 million OS. Hope to see lots of green this week. Also I have captain america battle dice clear figures for sale if your interested. LOL
Posted by Leritu on :
Increased chatter around! I have heard more chatting about TWOG on the various boards. I think this bodes well for a positive week as we charge towards the divvy!
Posted by Trasq on :
Well, now TWOG appears on the recommended stocks.
Any forecast for the end of the day?
Posted by njs300zx on :
[QUOTE]Originally posted by Trasq: [QB] Well, now TWOG appears on the recommended stocks.
What recommended list?
Posted by Trasq on :
I refer to:
"March 20 - Stock Picks" in this board.
OTCPicks.com (March 15, 16)
OTCExchange.com (March 15)
Posted by shomethamoney on :
NEWS on SAT. 3/18 WITH ILGY FINANCIALS - YAHOO.COM GO UNDER FINANCES AND YOU CAN GET IT. DOES ANYBODY HAVE ACCESS TO EDGAR ONLINE REPORTS?
Posted by shomethamoney on :
We may see news today since the finances came out for ILGY Sat.
Posted by shomethamoney on :
Buy on the dips boys just a few more days! Wait and see!
Posted by bigdomer on :
i cant believe this hasnt popped yet.. what a gift!
Posted by Robbie English on :
Did anyone read the financials from ILGY? This is far from upto date and less than encouraging.
what do you think will happen to the financials next quarter after the twog buyout? talk about stealth mode! this will be huge
Posted by Robbie English on :
honestly I dont have a long opinion. My position is as long as it takes for this transaction, flip it on the way up or just before the deadline. I will take the free money, then run far away from this company!!
Posted by SuperSniper00 on :
quote:Originally posted by shomethamoney: SWEET!! I want cotton jim to be around when this does take place and also super sniper baby diaper. That guy has been wrong so many times. Ask the snipster about his big PAIM buys. He and cottoncandy jim don't know jack about stock picking.
What are you talking about kid? I own 32K of twog.
Wow, I was wrong about paim...being wrong once means i dont know jack about stock picking? Everyone has their share of bad picks. I remember half of you pumping PYCT and I called you guys out on that one and look where it is now, .0002. Don't give me **** about bad stock picking.
[ March 20, 2006, 12:49: Message edited by: Bob Frey ]
Posted by njs300zx on :
[QUOTE]Originally posted by Robbie English: [QB] Did anyone read the financials from ILGY? This is far from upto date and less than encouraging.
It's a penny stock man. The financial are never right.
Posted by njs300zx on :
quote:Originally posted by Robbie English: honestly I dont have a long opinion. My position is as long as it takes for this transaction, flip it on the way up or just before the deadline. I will take the free money, then run far away from this company!!
I hear ya man. That's what I did with QBID and now look at the stock. Haha, all those dreamers still hoping.
Posted by Robbie English on :
No kidding, but If I posted financials on Saturday, you would expect something from 2005,2004. The last thing on there is 2000
Posted by shomethamoney on :
Super - find one time that I even posted to PYCT -not happening never owned - never will! They ran you from RSHN the other day because of the way you do business you pump and dump don't come here acting like you are telling me what's going on. As far as I'm concerned you're 32k is only in your mind.
GO TWOG HOLDERS - Thanks for you money folders!!!
Posted by Robbie English on :
Shomethamoney, you holding past the deal, or just long enough?
Posted by shomethamoney on :
Robbie I am going to sell some and hold some. It will depend on where I see it heading in the run. I have had guys tell me this and I hate it, but only you know what strategy to hold. My strategy might not work for you. I definitely want to have some stay in because the financials may look bad, but like BIG D said, wait until TWOG goes over into ILGY - you have to look at the future. NEW company - new buyers!!! It works! That is how I make money.
Posted by Robbie English on :
Yeah I realize that.
My plan for all to see. If ILGY is steady around .65 and on the run to Friday TWOG gets near .06 it is a sell for me, before the deadline, before the deal. Because at that point you can come back in on the new symbol with no hurry and tuck those profits safely into RSHN.
Senario 2, If for some reason she does not run up and ILGY is steady then we hold em, because it is free money and free shares.
Scenario 3, If for some reason ILGY shares fall more in line with TWOG... then we haev to think about it a little more.
Posted by shomethamoney on :
Robbie but let's say that TWOG runs up why sell everything. What if the run continues into ILGY. I would at least hold some to make sure you don't miss a serious gapper when ILGY starts trading the shares. JMO
Posted by Robbie English on :
valid point, but what if that gapper is in the wrong direction??
I will take the customary 100% and what ever is left can ride...
Posted by bigdomer on :
it just all depends on how it trades on the 24th and 25th... if nothing happens ill hold through and put a stop loss. no sense selling all at once though.. we the twog holders, actually have the power to ride this baby up if wanted.. and bid up ilgy.... before and after.. but it just depends on how much speculation is in the stock.. my guess is that if this went up 100% in one day, why not 300% or 400% when the event actually happens.. of course there will be selling after that point.. but im not selling until that point happens
Posted by Trasq on :
What about those ILGY's prehistoric financials?
Trying to get out of the pink sheets and conform to SEC regulations to trade OTC or other markets?
Posted by SuperSniper00 on :
quote:Originally posted by shomethamoney: Super - find one time that I even posted to PYCT -not happening never owned - never will! They ran you from RSHN the other day because of the way you do business you pump and dump don't come here acting like you are telling me what's going on. As far as I'm concerned you're 32k is only in your mind.
GO TWOG HOLDERS - Thanks for you money folders!!!
I didn't mean you in particular owned PYCT.
I am not a basher, I'm not a pumper. I call it like I see it. If you don't like it, I'm sorry. I dont have a hidden agenda and I've been honest with everything I post on here. I'm really tired of having to explain myself on every thread.
Oh yeah and I'm pretty sure I own 32,000 shares of TWOG. I've never said anything bad about twog so I am not quite sure where you get off bashing me on this thread.
Anyways on to talk about this stock and not all this drama you idiots like to stir up. Is there any word on the exdate for the div? Once we know that I think we can start to form an idea of when twog should start running.
Posted by SuperSniper00 on :
quote:Originally posted by shomethamoney: Robbie but let's say that TWOG runs up why sell everything. What if the run continues into ILGY. I would at least hold some to make sure you don't miss a serious gapper when ILGY starts trading the shares. JMO
Why not sell half on the run up of TWOG and hold half to see what happens with ILGY? Thats probably what I will do. ILGY would have to trade below .20 after the div for you to really lose any money. I can't really forsee ILGY dropping from the .60-.80 area to below .20.
Posted by bigdomer on :
there's the hammer. huge buy at .0179
Posted by stickfigurefred on :
Tommorow last day to buy in before settlement right?
Posted by Trasq on :
+5.71%
Seems it wants to start moving...
Posted by shomethamoney on :
Everyone, I want to apologize to Supersniper because I misread a quote from him on the Pinksheets scam thread. It got me fired up because he and I disagree about RSHN and when I saw that I went off on him. I do apologize for what I said to him and hope everyone can forgive me for my remarks.
Sincerely,
Shomethamoney
Posted by Opethian on :
spread is widened 0.017 x 0.0189, and we just broke the HOD
Posted by stickfigurefred on :
100 MM signal?
Posted by Trasq on :
+8%
Could start a run?
Posted by coalkickin on :
goin'
Posted by bigdomer on :
if you think this move was quick wait a few more days! rshn is nothing compared to twog potential
Posted by Robbie English on :
lets hope we are right about this.. even though I do hold alot more RSHN
Posted by bigdomer on :
lol... watch this baby run to .04- .06 in no time..
Posted by bigdomer on :
.02 is a joke. it's a screaming buy..
Posted by Trasq on :
+15% fasten seatbelts
Posted by djg7 on :
Keep going!!
Posted by plni on :
hurry twog i need you now
Posted by bigdomer on :
dont worry about the ask... it's nothing... it should be .04, not .022..
Posted by bigdomer on :
the rally has offically begun
Posted by Opethian on :
and the horses fell asleep during the derby!! looks like we might need some monkey power to wake them horses up lol
I told em at the beginning - It's gonna happen folks - Hold those shares and make em chase ya up to the end!!!
We're going to see big gains this week!!!
Posted by bigdomer on :
fnix lookin pretty good for this week too.. near 52wk low w/ buying pressure.. (but gooo twog!)
Posted by shomethamoney on :
TWOG ready to go! People you can see it is getting ready to happen - Wait and see in the next few days. Get ready for a good ride!!!
Posted by SuperSniper00 on :
quote:Originally posted by shomethamoney: Everyone, I want to apologize to Supersniper because I misread a quote from him on the Pinksheets scam thread. It got me fired up because he and I disagree about RSHN and when I saw that I went off on him. I do apologize for what I said to him and hope everyone can forgive me for my remarks.
Sincerely,
Shomethamoney
Thank you.
Posted by SuperSniper00 on :
Any news on when the exdate is?
Posted by Schwabie on :
when is the last day that you can purchase and get the diy? tomorrow??
Posted by SuperSniper00 on :
quote:Originally posted by Schwabie: when is the last day that you can purchase and get the diy? tomorrow??
That would be the day before the ex day. Which I am trying to figure out.
Posted by coalkickin on :
Ex date 24th...so Friday would be the last day (23rd) I think.....
Posted by BuyTex on :
unlikely that an x-date is on Saturday; good to see folks are figuring this out, though. PM me or Mag if you can't resolve it... (lol, sorry, Mag--you got volunteered)
Posted by ATL8ball on :
HELP ME...Who or what is "matto people" and why are they still at work...
Posted by coalkickin on :
By Market Wire Last Update: 3/15/2006 10:51:16 AM Data provided by
ORLANDO, FL, Mar 15, 2006 (MARKET WIRE via COMTEX) -- International Energy, Ltd. (ILGY), formerly BDW Holdings, Ltd., has finalized an agreement with Transworld Oil & Gas (TWOG). Under the new finalized agreement, International Energy, Ltd. will purchase all assets of Transworld Oil & Gas for stock and Transworld Oil & Gas will dividend out these shares to its shareholders.
Each Transworld Oil & Gas shareholder will receive one (1) share of International Energy, Ltd. for every ten (10) shares of Transworld Oil & Gas. Shareholders of record on March 25, 2006 are expected to receive the dividend by the second week of April 2006. Further transaction dates and details will be announced in the near future.
--------------------
Posted by wallymac on :
Why isn't this listed on the OTCBB daily list? Has this been filed with the NASD?
Also if I remember correctly if the value of the dividend is over 25% of the PPS the EX-date would be the day after the dividend is paid. According to the PR that won't happen until the second week of April.
If I'm correct in my assumption you would have to hold the shares until the dividend is paid and can only sell your position after it takes place.
I think the real question is when is the last day that TWOG shares can be traded?
Posted by upupandaway on :
Any newbies who decided to play this, please sell some on Thursday and get some money out if you are determined to get the "divy".
I don't think your divy will be worth much by the time you get to sell.
If I am wrong and it does go through the roof you will have made a little bit less but if I am right you will be very happy to have taken some profit.
Posted by bigdomer on :
twog and fnix are going to be the leading % gainers tommorow
Posted by Brutus2600 on :
So the last day I can trade shares is Thursday? That's good to know, I thought it was Friday, and I was going to either get my intial investment back or pull most of my shares out if it's still around .02.
Thanks for the heads up.
Posted by stickfigurefred on :
If your not on the books by Friday most likely, which means you gotta be holding for 3 days before the record date for the shares to settle or you won't get the divy. Probably safest point to get in would be tommorow, so we'll see how much want there will be for the divy tommorow Posted by shomethamoney on :
Stick that is not right. As soon as you purchase the shares the date is based. You can buy up until Friday. The settlement date is only for the brokerage firm to solidify the records that you made the purchase and that funds were transferred. The trade + 3 was put into affect so that money can be followed. They are now trying to get a change to trade + 1.
Posted by SuperSniper00 on :
quote:Originally posted by wallymac: Why isn't this listed on the OTCBB daily list? Has this been filed with the NASD?
Also if I remember correctly if the value of the dividend is over 25% of the PPS the EX-date would be the day after the dividend is paid. According to the PR that won't happen until the second week of April.
If I'm correct in my assumption you would have to hold the shares until the dividend is paid and can only sell your position after it takes place.
I think the real question is when is the last day that TWOG shares can be traded?
Nice I've been looking all over to find that info. Good find.
Yes, now we need to know when the last day to trade twog is. Hmmm...this is interesting.
Posted by shomethamoney on :
Last 0.019 Change 0 / +5.60% Prev. Close 0.018 Volume 7,288,932 Open 0.019 Day High / Day Low 0.022/ 0.017 Year High / Year Low 0.071/ 0.003 Abnormal Activity NONE Abnormal Volume NO Gap NONE Candle BULLISH Projected Volume 7,288,932 (147%) Volatility Today HIGH Volatility Yesterday HIGH
15 Day Trend bullish 45 Day Trend bullish 100 Day Trend bullish Mid Term Moving Average Crossover NONE Long Term Moving Average Crossover NONE Volatility Indicators Abnormal Activity Today? NONE Volatility Index Today HIGH Volatility Index Yesterday HIGH 10 Day Volatility INCREASING 20 Day Volatility INCREASING 40 Day Volatility INCREASING
Posted by shomethamoney on :
Last 0.019 Change 0 / +5.60% Prev. Close 0.018 Volume 7,288,932 Open 0.019 Day High / Day Low 0.022/ 0.017 Year High / Year Low 0.071/ 0.003 Abnormal Activity NONE Abnormal Volume NO Gap NONE Candle BULLISH Projected Volume 7,288,932 (147%) Volatility Today HIGH Volatility Yesterday HIGH
15 Day Trend bullish 45 Day Trend bullish 100 Day Trend bullish Mid Term Moving Average Crossover NONE Long Term Moving Average Crossover NONE Volatility Indicators Abnormal Activity Today? NONE Volatility Index Today HIGH Volatility Index Yesterday HIGH 10 Day Volatility INCREASING 20 Day Volatility INCREASING 40 Day Volatility INCREASING
Posted by shomethamoney on :
Look for TWOG to make a move!!!! The charts are calling the shot!!!
Posted by SuperSniper00 on :
We know twog is going to move. We need to know when the last trading day is so some of us dont get traped in the stock.
Posted by reidler88 on :
just my 2cents,, but it said u hafta own the shares by the 25 of march,, wich is saturday,,,, so my guess is friday would be the last day to trade,,, which is when i think u will see a lot of people selling shares,,, hopefully price wont go down from people selling,,,,,
Posted by Rbreb13 on :
Safe bet would be to get in tomorrow. 3 day settle by Friday that way. TWOG's PR really doesn't say. Also this what they call "divy" is more like a reverse merger than a dividend. Which would mean you should be able to buy up until Friday.
But I don't know. I'm in already and settled so it doesn't matter for me. Tomorrow would also be a good day to get in because the price is going to keep going up from here on, I think. JMO
Posted by wallymac on :
This is JMHO, after reading the NASD rules for dividends over 25% of stocks value.
The record date will only be important to the two companies involved since the number of shares on record will be how they determine the ratio of TWOG shares to ILGY shares.
If you trade the stock after the record date you trade the dividend. The Ex-date will be one day after the pay date.
I think that is why the PPS has not risen as significantly as expected.
Posted by JHenry on :
wallymac is right. The record date means nothing to the shareholder. You have to wait until the ex-date is set. The shares you have after the record date have the "divy" attatched to them and will follow the shares around as they are traded. YOU CAN ALWAYS BUY UP UNTIL ONE DAY BEFORE THE EX-DATE AND YOU WILL GET THE DIVY. The Ex-Date means without dividend - meaning the divy to the shares owned at the end of the trading day before the Ex-Date go to the person that is holding those shares at the end of the trading day before the Ex-Date. You will see your divy show up 2 days after the Ex-Date into your account!!!!!! That's all you need to know.
Posted by JHenry on :
This is a little different in that the TWOG shares will dissappear of course but the "divy" is still a "divy" in which the "divy" = "1 ILGY for 10 TWOG". This "1 ILGY for 10 TWOG" is what will be attached at the end of the trading day of the Record Date to each share and will stay attached to each share until the end of the day before the Ex-Date.
Posted by Trasq on :
Anybody knows the requirements to go from pinksheets to OTC, or NASDAQ? Does ILGY has to be above $1.00?
The "divy"? The PR mentions "dividend", but TWOG share will disappear in exchange for ILGY. When is the last day for trading TWOG, Friday or mid April? Is it valid to have a trading gap, three weeks out of the market?
Still have to define all these details to make this run.
Posted by wallymac on :
IF I'm reading this correctly, TWOG will continue to trade until the EX date is established. On the EX date TWOG shares will become ILGY shares according to whatever the ratio is determined at that time.
So share will be able to be traded until mid April according to what the PR stated.
Posted by IWISHIHAD on :
This is clear as mud, i thought i was the only one that was not sure, thats why i got out. First it went from 100-1 to 1000-1 RS on BDWH this changed things on TWOG. Now are you getting 1-10 on TWOG+full share for your TWOG for ILGY or our you getting just 1 ILGY for 10 shares of TWOG which i do not consider a dividend. You can still make out either way but i chose not to stay. I just did not like these games, hope you all make good money.
Posted by njs300zx on :
quote:Originally posted by IWISHIHAD: This is clear as mud, i thought i was the only one that was not sure, thats why i got out. First it went from 100-1 to 1000-1 RS on BDWH this changed things on TWOG. Now are you getting 1-10 on TWOG+full share for your TWOG for ILGY or our you getting just 1 ILGY for 10 shares of TWOG which i do not consider a dividend. You can still make out either way but i chose not to stay. I just did not like these games, hope you all make good money.
The 1000-1 R/S was only for BDWH when they changed symbols to bring the price of ILGY up. This had no effect on TWOG at that time. Now we are getting 10-1 shares after the price of the 1000-1 R/S.
Posted by Trasq on :
I don't consider it a dividend either. Every 10 TWOGs are going to be exchanged by 1 ILGY.
Maybe they used the word dividend (verb, not noun) to emphasize there was a profit in the deal, and the way ILGY shares are going to be distributed to shareholders.
I consider those details; there is good money in TWOG’s sale. If it is not immediate it is in three weeks. ILGY stock should also rise after the operation and guess what… we don’t even have to buy it.
Posted by plni on :
Any way you cut it its a sweet deal,a Twog by any other name is a Ilgy.stop and smell the roses.
Posted by Rbreb13 on :
Like I said earlier this deal is more like a reverse merger for TWOG than it is dividend. Either way its a good deal.
Posted by banger on :
Bid 0.0165 (x5,000) Ask (size) 0.0220 (x5,000) Strong Buy.
Posted by plni on :
Dividend ? Can you say profit
Posted by stickfigurefred on :
Who's Two Four Six Exploration, Inc? Seem to be near the same address of Transworld.
Posted by dmort on :
Up so far today +.023 she's running.
Posted by shomethamoney on :
Yes Green today again - look at the build on this one. It is going to be green through Friday. The bid gets higher and higher!!!
Just printed .024!!! Watch it run!!!
Posted by dmort on :
I think it will hit the .04-.05 range today. Maybe .08 tomorrow.
Posted by Trasq on :
Great +42% 0.027
What is better is that it still has plenty of way to go.
Posted by shomethamoney on :
With this type of movement the .06 level looking good!!!
Posted by Brutus2600 on :
Wow, I hate having a 15 min delay. I still see it at .2
:-(
Posted by djg7 on :
Keep holding! This should run!
Posted by shomethamoney on :
26 just printed!!! WAHOO!!! I told em that it would happen. Trust me folks this one is going to run and good!!!
Posted by djg7 on :
I,m with you shome.
Posted by Brutus2600 on :
Should I dump half my shares when it reaches .036 (double the price I bought it at) to recoup or do you think I could hold it a little longer and dump less than half?
Posted by dmort on :
I would hold til .05 personally, its a safe bet the stock will be near .08 sometime this week.
Posted by shomethamoney on :
D mort I could not have said it better. Don't let them get your shares cheap Brutus. Look at the charts. This baby is filling up to have a fourth of July finish!! Fireworks are just starting. People never want to miss out on a good run!!!
Posted by Schwabie on :
what's a good price to get more? is it gonn adip today?
Posted by shomethamoney on :
Weak folders in there. Shake em out. People are going to be sorry they sold this early. This stock is going to run for high levels today. Dmort do you have L2's for this one? Anyone?
Posted by Schwabie on :
i put an order * .02 we'll c if i get filled... ask is .023
Posted by dmort on :
I dont, sorry.
Posted by stickfigurefred on :
Take profits boys, no shame in that. 133% the other day, 33% today Could be plenty more to come but buy on the dips and ride some free shares.
Posted by shomethamoney on :
No problem. Thanks Dmort!
Posted by bigdomer on :
.02 only slows things down...
Posted by dmort on :
I dont see it going much lower than it is right now before it takes off again.
Posted by Schwabie on :
hmm ic
Posted by Schwabie on :
ok.. im in at .022 and bought more at .023 took like 5 mins tho
Posted by Robbie English on :
Anyone noticed ILGY seems to have suspended trading around .65
I wonder if that is the deal price per share??
Posted by bigdomer on :
volume still low.. were going way higher today.. i buying more on this dip
Posted by bigdomer on :
i think were definetly going to get our .065 out of twog.. im still shocked its trading at .023
Posted by Brutus2600 on :
volume is low? It reached over 2 mil shares within the first hour. I thought that was alot of volume...
I'm a newb though, so maybe I'm getting things confused.
Posted by bigdomer on :
considering the circumstances, this float should be getting sucked up.. but there is still a few more days so i might be a little premature in judging the volume
Posted by banger on :
ILGY up 3.08 % - 0.67
Posted by Robbie English on :
anyone have any thoughts to why ILGY has not traded a share today?
Posted by Robbie English on :
actually traded 660 shares
Posted by Brutus2600 on :
ILGY doesn't have very high volume, it'll close some days with just over a thousand shares traded.
That's a concern I voiced earlier in this thread, but I'm getting my intial investment out of TWOG and I'm not counting on the split to make it back.
Posted by Robbie English on :
Most will say they are waiting, but truth is if the PPS is at .065 by friday you may see alot of people selling.
Posted by Trasq on :
ILGY +3%, at least they are not running away.
Waiting for PR with addtional details on the operation.
Posted by shomethamoney on :
15 Day Trend bullish 45 Day Trend bullish 100 Day Trend bullish Mid Term Moving Average Crossover NONE Long Term Moving Average Crossover NONE Volatility Indicators Abnormal Activity Today? NONE Volatility Index Today HIGH Volatility Index Yesterday HIGH 10 Day Volatility INCREASING 20 Day Volatility INCREASING 40 Day Volatility
20 Day Avg Vol 5,422,122 Today / 20 Day Avg Vol ABOVE 150 Day Avg Vol 2,458,267 Today / 150 Day Avg Vol ABOVE Abnormal Volume NO William Volume Accumulation bullish Volume Price Trend bullish Momentum Indicators 10 Day Trend bullish 40 Day Trend bullish 100 Day Trend bullish Stochastics bearish RSI neutral MACD bullish Moving Average Indictors 15 Day Trend bullish 45 Day Trend bullish 100 Day Trend bullish Mid Term Moving Average Crossover NONE Long Term Moving Average Crossover NONE Volatility Indicators Abnormal Activity Today? NONE Volatility Index Today HIGH Volatility Index Yesterday HIGH 10 Day Volatility INCREASING 20 Day Volatility INCREASING 40 Day Volatility INCREASING Last Trade: 3/21/06 12:12:00 PM Last 0.023 Change 0 / +21.10% Prev. Close 0.019 Volume 4,946,334 Open 0.022 Day High / Day Low 0.027/ 0.022 Year High / Year Low 0.071/ 0.003 Abnormal Activity NONE Abnormal Volume NO Gap NONE Candle BULLISH Projected Volume 9,532,668 (176%) Volatility Today HIGH Volatility Yesterday HIGH
This is the second day that it has ran up and tested. It's getting ready to run.
GLTA - do your DD!!!
Posted by shomethamoney on :
Sorry I posted one of them twice. But you get the picture. It keeps going and going!!!
Posted by shomethamoney on :
Go to stock charts. The golden cross is happening today!!!
Posted by njs300zx on :
Kinda stalled here. Need some volume
Posted by Robbie English on :
volume will pick up after 2:00
Posted by Thomas Mick on :
There certainly doesn't appear to be the enthusiasm one would expect... Posted by njs300zx on :
Its a penny people are still ify.
Posted by shomethamoney on :
Buys are coming in again. This one should approach the 9 mil mark today. The volume comes and then the push. It is setting up bullish today and will go into tomorrow.
Posted by njs300zx on :
Everything took a crap after lunch including the DIJA. lol
Posted by shomethamoney on :
As long as we can keep pushing the envelope the bid will meet when it gets up around .027 and then from there we should see more movement into the stock.
Posted by stickfigurefred on :
Inflation, ya gotta love it.
Posted by shomethamoney on :
Right on stick!!!
Posted by shomethamoney on :
GOOD DAY for TWOG up again - Tomorrow will continue our climb!! Higher highs will be here. The charts do not lie!!
Posted by gohigh on :
quote:Originally posted by Robbie English: anyone have any thoughts to why ILGY has not traded a share today?
ILGY used to be BDWH which went thru a 1000 to 1 reverse split. So, there are very few shares of ILGY in existence at this time. That's also why the spread is so wide.
Posted by shomethamoney on :
That is a sign of sweetness!!! Very few shares means this thing will climb higher!!!
Posted by JHenry on :
A good day - everything is going as planned. Can't wait for the next PR - should be out by the end of this week.
Posted by joeyisthebest on :
Chart says we need volume and I think tomorrow should be our day all my indicators are pointing up look for .04 tomorrow IMO
Posted by Trasq on :
Chart looks great. Anounced PR with details of the operation should ignite the "O" and the "G" of TWOG.
Posted by bigdomer on :
is everyone ready for the biggest gain twog has ever seen tommorow??????
Posted by llatffej on :
what do you think for tomorrow domer? im thinking we near .04
Posted by reidler88 on :
no,,, i looking for people to sell and the price to drop,, then im buying more shares,,, then thurday or friday after the news,, the price will sky rocket, then the sell off begins,,
Posted by djg7 on :
Gapping! .0023x.0025.
Posted by coalkickin on :
nice
Posted by dmort on :
If TWOG doesnt get any higher staying through the conversion wouldnt be a bad deal.
Posted by Robbie English on :
The lack of volume or interest in a Pink Sheet reverse merger is whats causing the PPS to stay relative. If and we all hope the transaction is legit then we will be more than ok.
Posted by njs300zx on :
wish I had some free funds to pick up some more at these prices.
Posted by shomethamoney on :
Patience is going to be the key here. Thur and Fri. we should see the pick up in order for people to get in on the divvy.
People will regret selling on this one!
Posted by amswap on :
I'm hoping it goes up just long enough for me to sell some and ride the merger with free shares.
Posted by Robbie English on :
Anyone talk to subpenny radio and ask his opinion on this reverse merger?
Posted by Trasq on :
I recommended it this morning. They mentioned it was a Matto pick from Friday or Monday.
I had previously asked Matto his opinion. You can see that on the CWLC tread this morning.
Posted by Robbie English on :
And we get a little movement..lol he said " Movement"
Posted by Trasq on :
-9% to +4% in a few minutes. Waking up for the day?
Nice volume.
Posted by Robbie English on :
just need the volume, or not doesn't matter if you are holding through to payday!
Posted by Trasq on :
Multiply price by 2. Result = Still cheap.
Waiting for purchase details.
Posted by bigdomer on :
twog reaches .035 tommorow... dividend imminent
Posted by banger on :
I hope!
Posted by Robbie English on :
The traders that have been using there money for other things will get in for this today or tomorrow.. either for the flip or the hold... We see upward movement all today and tomorrow IMO.
Posted by Trasq on :
Reference price mentioned for the deal 0.085 Actual ILGY price 0.065 already discounting the operation. Actual TWOG price 0.023
At least it is not the only one. JPHC is the same case. Subpennies are slow in mergers.
Posted by Brutus2600 on :
So just to make it clear (newb here who doesn't completely understand this all)...
Is the last day to trade (i.e. sell, not acquire) TWOG is today or Friday? Thanks for the clarification.
Posted by JHenry on :
Absolutely NOT!
Posted by dmort on :
Hit .03- finally. Hope this breaks the ice.
Posted by njs300zx on :
.019 now haha
Posted by JHenry on :
.03 - what a joke - someone spent $450 (15000 shares) to make it look like it was running.
Posted by Robbie English on :
I didnt think that was a real print.. but yeah thats what it was.
Posted by Thomas Mick on :
It is running! Just in the wrong direction... I'm having visions of PAIM...
Posted by njs300zx on :
-23% wow
Posted by Thomas Mick on :
Starting to move in the right direction now... holding breath...
Posted by Trasq on :
-4% now. Lost the opportunity.
Bumpy road, hope there are news today.
Posted by Brutus2600 on :
This is nuts. Up 30%, down 25%, up 13, down 11, what a spaztic start to the day...*sigh*
Posted by amswap on :
Are we eexpecting any news? I thought the merger was all the news there was. I don't see it doing much today, but we can all hope it moves on up.
Posted by njs300zx on :
The games have begun
Posted by bugman55 on :
Are the fluctuations just MM's trying to get cheap shares from panic sellers?
Posted by dmort on :
The agreement is for TWOG shareholders to get .085 per share in ILGY. TWOG could tank today but when the dust settles your ILGY shares will still be worth at least that. The only way the shareholder loses is if ILGY tanks totally and I dont see that happening.
Posted by JHenry on :
I just picked up some at .0175 - trying to get more.
Posted by Opethian on :
Am I getting this right? Our TWOG shares are REPLACED by ILGY shares? Or do we get the ILGY shares in the form of a dividend, that's what's still confusing me.
Posted by macdrsirules on :
dmort, I think you are looking at an old PR. ILGY is trading and there is no guarantee that ILGY will be trading at 85 cents. ILGY is currently trading at 60 cents. Thus making the current value of TWOG .06. Which is subject to change minute by minute.
Still got a little and hoping for the best.
Posted by njs300zx on :
just made some money on NANS
Posted by Trasq on :
Opethian. They are going to be replaced. 10 TWOGs for 1 ILGY.
Mac. Exactly, the value of ILGY is 0.65, so the value of TWOG is 0.065. From there up and down, but not up and down at 0.02.
Posted by dmort on :
You're right. What I am trying to say is that there is no downside that I can see. TWOG runs to 6-8 cent range - sell. Or hold for ILGY and see what happens.Frankly I hope we get a little run.
Posted by coalkickin on :
You see the volume on ILGY? What do you guys think is going to happen after the conversion when everyone attempts to sell? Make your own decisions, but think about it.
Posted by njs300zx on :
where's the movement?
Posted by Trasq on :
All shares of TWOG will add to the volume of ILGY.
Example: ILGY 587, TWOG 1,200,000
New Volume 587 + 120,000 = 120,587
Posted by coalkickin on :
And this added volume...you think they will be buying ILGY, or trying to sell their converted TWOG? I hope I am wrong...Good Luck
Posted by JHenry on :
I am trying to load up before the news comes out. It's not doing much now - got a partial fill at .0175
Posted by njs300zx on :
where is this news?
Posted by JHenry on :
Just the next press release they said they were going to release - would expect it to be today or tomorrow.
Posted by banger on :
When is the div. determined ? Is it at market close on the 24th we get 1 per 100 of ILGY close price tomorrow ?
Posted by amswap on :
No, you get 1 for 10.
Posted by JHenry on :
Why does everyone talk about the divy on the 24th? They have stated the divy is the second week of April, the record date is the 25th but that doesn't mean anything to the shareholder.
Posted by SuperSniper00 on :
The ex date will be 1 day after pay date. Which will be second week of april. The 24th is meaningless to us.
Posted by JHenry on :
The price would be set the day before the ex-date.
Posted by JHenry on :
And that's the news they said they would release soon (the ex-date as well as the other dates). I would expect, because they said they would specify the dates soon, that they would send out the press release to include the record date. If that is they case and they want to lay it all out - they would issue the press release before the record date passes, which means they would issue the press release before Saturday.
Posted by njs300zx on :
Wow I was expecting a little more today then this lol
Posted by reidler88 on :
if this thing doesnt go up, and we get the divy of ilgy,, what is the worst case scenerio??????
Posted by njs300zx on :
we get what ever ILGY is at at the time of the Divy. =O
Posted by JHenry on :
ilgy drops like a rock - worst case
Posted by njs300zx on :
yup you got it.
Posted by reidler88 on :
do you think ilgy will drop below .65
Posted by njs300zx on :
Who knows. Seems pretty steady there for now.
Posted by bigdomer on :
ilgy would have to drop to .20 for you to lose anything.. you think igly is gonna drop 60% after an aquisiton... new volume will attract institutions and they will buy on any sell off.. twog is free money right now... trust me..
Posted by Robbie English on :
Well, I think the day traders were flipping her, as all the SELLS are posted. No new buys??? This has not allowed it to run up as they have not let it go past .0270
This probably will run up late day or tomorrow as most are scared either to get shut out, or locked in depending on their position.
I do not believe that they are suspending the trading as there has been no news as to when TWOG will stop trading.
Posted by JHenry on :
I bought CDGD for a share divy of ANII. Bought CDGD at $1.36 - CDGD has very low volume. Shortly after the divy CDGD bid has been at .15 since. My initial investment went from $1800 to $210 on CDGD but I made $500 off the divy ANII.
2/28/2006 ANII SOLD 167 SHARES OF ANII AT $3.25 ($7.02) $535.73 12/9/2005 ANII TAX EXEMPT DIVIDEND/SPINOFF OF 167 SHARES OF ANII $0.00 $0.00 12/5/2005 CDGD CAMBRIDGE HOLDINGS LTD NEW 12/2 DIVIDEND ON 1400 SHARES OF CDGD $0.00 $259.28 12/1/2005 CDGD BOUGHT 500 SHARES OF CDGD AT $1.36 $0.00 ($680.00) 12/1/2005 CDGD BOUGHT 400 SHARES OF CDGD AT $1.36 $0.00 ($544.00) 12/1/2005 CDGD BOUGHT 500 SHARES OF CDGD AT $1.36 ($7.00) ($687.00)
Positions (My Investments) Symbol Qty Price Mkt Value CDGD 1400 0.15 210.00
So much for that divy.
Posted by njs300zx on :
We are going to be millionaires Hahahaha
Posted by Robbie English on :
Bargain prices here!!!!
Posted by Opethian on :
Hey Robbie English, I heard you asked Simon's opinion on sub penny radio and then I got booted, did he have something to say on TWOG? (and CNES?)
Posted by Opethian on :
or was that rob_seller? lol
Posted by Robbie English on :
CNES he feels this is the right level to get in on it. The support is going to be good between .0008-.0010. With money, and volume it moves eventually.
TWOG- He never got to it yet, waiting to see if he says anything.
Posted by Opethian on :
Thanks! I love that station lol, but it's always full! Anyway, TWOG seems to have good support at 0.019, everytime UBSS drops its price from 0.02 to 0.019 people are buying
Posted by Robbie English on :
OK he is discussing now but got a caller on TWOG
Posted by Opethian on :
can't get in ARGH hehe
Posted by bigdomer on :
some people are really gonna kick themselves tommorow for selling
Posted by Trasq on :
Nothing new. People waiting until they get the details.
In case shares are restricted (don't think so) they cannot restrict what we have now.
Posted by Robbie English on :
Yeah, I dont think they can restrict these untill they put a hault to trading on our TWOG symbol. Once That has been discussed then we will figure out, or I will figure my position, but definately need PR to clarify as the current news does not. If we sell before an Ex date the Divy goes with shares on record as of 25th
Posted by vincentvangogh on :
im buying every share i can get below .03.. ill take anyones shares if they dont want them.. go ahead and sell them... i couldnt be more sure about this one.
Posted by bigdomer on :
does anyone think we might close at .065?
Posted by JHenry on :
I picked up another 100,000 shares today cheap - got some at .0175 and the rest at .018. I've got 300,000 now. There are a lot of people flipping this thing but once it goes I think the flippers are going to get run over.
Posted by Trasq on :
I think there is going to be a strong increment, people who want to be registered for the dividend.
If there is no additional information I don't think it will go to .065 or above .05. If there is, it depends on the details.
Don't discard strong dips trying to scare investors.
Good luck.
Posted by dmort on :
One more day of trading before the 25th lock in date. I would like to see more upward movement tomorrow.
Posted by Porsche on :
OK, is this showing up the same for yall? Bid: .0161 Ask: .037 ???? I can not believe it dropped some today. Great day for people to get in, but it was the last chance to get in that cheap I think!
Posted by njs300zx on :
People are still scared. Why would they make the date a saturday. You have to hold over the weekend and see what monday brings when we will probably see alot of people selling just so they are registered for the 25th
Posted by Brutus2600 on :
I see it as ask .0161 and bid at .04.
I think we'll see a strong open tomorrow, can't say if it will hold (since it hasn't been), but since tomorrow is supposedly the last day, good chance it'll be up.
I'm probably going to sell enough shares to cover initial investment at open, and then let the rest ride through the divy (as I'd been planning to do all along anyway, heh).
Posted by reidler88 on :
well tomorrow determines wether or not im eating richfood macaroni and cheese,, or kraft mac and cheese,,,,
Posted by reidler88 on :
i am at .006 and .02 so i know for me to lose money ilgy would hafta drop to .20 or below,, is that possible,, i mean its trading at .65 now,,, and once we get the shares,, everyone will sell,,,,, do u think it will drop that low,, and who is gonna wanna buy shares of ilgy???
Posted by wallymac on :
The record date in this case is simply for accounting purposes. The companies need a count from the TA so they know exactly how many shares are oustanding and elegible for the Divy. It doesn't matter who owns the shares at this point. Whoever is the shareholder at the time the conversion happens will get ILGY shares. IMHO we won't get a clarifying PR until they get the offical count from the TA. So maybe Monday or Tuesday.
The other thing to look for is the Daily list on the OTCBB. It will publish the Divy Date and other info.
Posted by joeyisthebest on :
If anyone wants out of TWOG I think today will be the day. I am expecting huge volume today and a run to .04 is not out of the question IMO
Posted by banger on :
Volume 100,000 + at the moment.
Posted by banger on :
Sorry I made a mistake.
Posted by njs300zx on :
stalling here
Posted by Schwabie on :
Y is this so slow?????????????
Posted by Robbie English on :
I cannot understand why people are so scared of free money!!
Posted by Robbie English on :
I am confirming right now if the shares will be Restricted.
Posted by Opethian on :
I don't see anywhere that our TWOG shares will be CONVERTED, the PR clearly states we get 1 ILGY share for every 10 TWOG in the form of a dividend
Posted by db on :
support looks around.019 , I,m atleast waiting for a pr release then I will sell some and keep some - till any pr I don't think it's going to do much
Posted by Schwabie on :
but isnt twog gonna be retired or whatever..? i thought we either got twog or ilgy not both... ?
Posted by Robbie English on :
Thats all I see too, and untill further PR. So, we are not locked in to hold, buy or sell TWOG... It seems it will trade as usual with the Divy attached to shares held on the 25th.
Posted by Trasq on :
Patience. At least it is forming support and fair volume.
Details for the operation are needed (PR).
Posted by Robbie English on :
eventually we will have ILGY shares. 1 for 10
But there is no stop trading or suspended trading on TWOG and untill PR comes out with more info its all speculative. IMO we can countinue to trade TWOG untill otherwise stated.
Posted by Robbie English on :
Can not confirm nor deny, but was told by someone on the phone that the 1 for 10 will be a dividend. No retirement of TWOG, but more like a warrant, where we are paid in ILGY or parent company stock. I am trying to get through to someone on the board to confirm this.
Posted by Schwabie on :
if that were so rob.. we'd really be in the money...
Posted by Thomas Mick on :
If that is true, TWOG could shoot up fast...cool!
Posted by Robbie English on :
I am trying to find a website for ILGY or a corporate phone number other than the one I have off the news release
Posted by njs300zx on :
you won't find anything or get an answer. Haha I've been trying for weeks
Posted by Average Joe on :
ILGY - office - 212-561-0762 IR contact: Terrence McGovern 415-925-0386
Posted by njs300zx on :
This is why some of the people are scared. Here is an energy company that did a nice scam
Posted by njs300zx on :
We need some news here. What are they waiting for?
Posted by Opethian on :
0.0185 x 0.019 again for those without L2
Posted by tmanfromtexas on :
This wording is from the first paragraph of the press release...ORLANDO, FL--(MARKET WIRE)--Mar 15, 2006 -- International Energy, Ltd. (Other OTC:ILGY.PK - News), formerly BDW Holdings, Ltd., has finalized an agreement with Transworld Oil & Gas (Other OTC:TWOG.PK - News). Under the new finalized agreement, International Energy, Ltd. will purchase all assets of Transworld Oil & Gas for stock and Transworld Oil & Gas will dividend out these shares to its shareholders. It sounds like to me that TWOG will be owned and taken over by ILGY for a share exchange, the dividend wording is kind of screwy to me. I dont think that TWOG will be a stand alone entity. I own free shares so I will just wait and see what happens. TMAN...
Posted by Opethian on :
I hope this is the shake before the run up, ask at 0.018
Posted by dmort on :
Down 12.5% to .0175 . Reminds me of yesterday where the pps dove to .017 then jumped to .03 then back to .02.
Posted by Schwabie on :
we need the news ASAP !
Posted by Rasica on :
We should know something shortly about the MMs
I am confirming that I received your telephone message and that we received your complaint concerning UBS.
We have sent your complaint to the firm’s compliance department and asked them to respond directly to you. We also asked the firm to send us a copy of their letter to you.
Please do not hesitate to contact me if you have any questions.
Sincerely,
BRENDA E STANFIELD U.S. Securities and Exchange Commission (202)551-6316 Tue 3/21/2006
Posted by JHenry on :
Rasica - shouldn't that go under the "Topic: BKMP.....Blackout Media Corp...NEW TICKER!" thread?
Posted by JHenry on :
At these prices I'm getting really tempted to pick up more.
Posted by Robbie English on :
the last 2 trades were upticks one was 32k shares and 5700 shares now .018 x 5
Posted by njs300zx on :
I don't know whether to pick up more TWOG or SPZI at these prices haha
Posted by Robbie English on :
SPZI already traded past 52 week high if it maitains over it for a few days then get in, if not stay far away IMO
Posted by Robbie English on :
Transworld Oil and Gas Ltd. Announces Completion of Negotiations for the Acquisition of 100% of TWOG HOUSTON, TX -- (MARKET WIRE) -- 12/09/2005 -- Transworld Oil and Gas Ltd. (OTC: TWOG) announced today that it has completed negotiations for the share acquisition of all shares of TWOG. Shareholders will receive shares in the new company with a minimum value of $0.085 per twog share.
Management is recommending acceptance of this offer and mailings will be sent to shareholders shortly to provide the opportunity to vote on this deal. Management anticipates the completion of this offer prior to the end of February 2006.
About Transworld Oil and Gas Ltd.
Transworld Oil and Gas Ltd. intends to become a worldwide company specializing in the extraction and production of oil and gas. The company's vision is to establish and enhance the company's foundation for future growth by developing properties that provide a balance between short- and long-term reserves in both the oil and natural gas markets. Oil and gas-related activities will include acquiring additional properties with potential for development and drilling. The company will work to establish and maintain a significant inventory of undeveloped prospects. The company emphasis is on production, cash flow and reserve value by exploring for, developing, and purchasing oil and gas properties worldwide.
Safe Harbor Statement
The preceding includes forward-looking statements which involve known and unknown risks and uncertainties which may cause the Company's actual results in future periods to differ materially from forecasted results. Forward-looking statements above are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including, without limitation, competition, intellectual property rights, litigation, needs of liquidity, and other risks detailed from time to time in the company's reports filed with the SEC. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to, continued acceptance of the company's products and services, competition, new products and technological changes, as well as any and all "other risks" associated with business.
Posted by njs300zx on :
ILGY up 26% with 1000 shares traded lol
Posted by The Green Demon on :
twog will drop to .0137 IMO
Posted by njs300zx on :
quote:Originally posted by The Green Demon: twog will drop to .0137 IMO
And your reasoning is?
Posted by Opethian on :
let's see if we'll get an EOD run for the div, let's hope so Posted by Robbie English on :
Well based on the chart could go either way... volume we go through the roof... no trading we fall to .017 where there is support.
Posted by Robbie English on :
anyone get through to any of the numbers listed lately?
Posted by Brutus2600 on :
Robbie -
I'm new to the market, so I'm trying to learn all I can. Any good sites or books I could read that would teach me about reading charts? Thanks.
Posted by Robbie English on :
Hey Brutus,
This is a good online book help you with all you need to know.
there is a chart school on there too!!
Posted by dmort on :
ILGY is up at .082. I think that is good news for TWOG shareholders. If ILGY in the next week continues to go above a dollar I think TWOG pps will go up accordingly.
Posted by Robbie English on :
Anyone still holding this????
Posted by Brutus2600 on :
Ok, great, thanks :-) I'll read up over the weekend.
Posted by dmort on :
I am. No hurry on this as it will trade into April.
Posted by njs300zx on :
yup still here with 500k and holding
Posted by Schwabie on :
im still in at 54k
Posted by Opethian on :
still in 60k
Posted by llatffej on :
im still in but whats the deal? its making the run the wrong way! any word on the latest?
Posted by Trasq on :
I guess we wait. If we don't get details on a PR not many will be interested in getting in.
ILGY +26%, good indicator.
Posted by Average Joe on :
still in 60k .... just waiting
Posted by Trasq on :
Read in another board: "ETrade charges for mergers, splits, reorganizations and has already charged for this one" "Cutoff next week" "New shares by 4/15"
Can anybody confirm?
Also, in the PR: Shareholders of record on March 25, 2006 are expected to receive the dividend by the second week of April 2006.
Is March 25th the cutoff date? Careful with this, you may not want to sell before time.
Posted by wallymac on :
No matter how you look at it today did not matter one way or the other. IF tommorrows record date is the actual cut-off(I doubt this)Purchases would have had to be made no later than yesterday. Since it takes 3 days for a trade to settle. In other words the day you trade plus 2 days. Thursday at the very latest.
Now if it's as I believe that the record date was for bookkeeping only then the stock will be freely traded until the day before being switched over to ILGY shares. This is somewhat borne out since nothing has been posted on the OTCBB daily list yet. It should usally be posted 10 days prior to the event.
There will probably be a PR on Monday clarifiying all this.
Posted by njs300zx on :
So what do you all think monday will bring?
Posted by wallymac on :
Hopefully a PR clarifying everything. If the company doesn't issue anything there will be panic selling and the pps will suffer.
If they issue a statement that the deal is on track and a date that the stock will be merged into IGLY then we may see a slight bounce. I just don't believe the action will actually occur on this stock until the final week which according to the last PR is the second week of April.
Short term sideways or down, mid term it will probably go to .04-.075.
JMHO Wally
Posted by Trasq on :
Fair enough for me.
Good Luck
Posted by njs300zx on :
Not looking good. We need some PR or this thing is going back to where is was a few weeks ago.
Posted by JOELGA on :
People have lost interest in this really quick. It appears to be one of those deals that is too good to be true, and it probably is. Hopefully it will go up before the X-date.
Posted by amswap on :
Anyone know when we can expect some kind of announcement?
Posted by llatffej on :
we are heading downward fast... we need a PR! im losing too much money on this
Posted by Robbie English on :
alot of panic sellers... gues they dont want to wait for the payoff
Posted by Opethian on :
oh sh******t ! I want to buy more at these levels lol
Posted by Opethian on :
ok got an order sitting at 0.01... MAN O MAN!
Posted by Trasq on :
I guess we caught the attention of the MMs. They want it cheap.
Resident evil or resident MM.
Posted by Schwabie on :
i only got 4,000 at .01 dam.. i wanted more...
Posted by Opethian on :
same here Schwabie, 5k here (50k order)
Posted by db on :
this was expected , people holding till today then dumping - at these levels it's going to be interesting what will happen - I'm here for the ride either way
Posted by Schwabie on :
u cheated.. i only got 4k from 75 .. CHEATER ! lol
Posted by Robbie English on :
You are not losing any money untill you sell.... why would you sell when your shares are now worth .085 each??????
Posted by Opethian on :
haha, yeah MM's have never really been very logical now have they Posted by njs300zx on :
quote:Originally posted by Robbie English: You are not losing any money untill you sell.... why would you sell when your shares are now worth .085 each??????
So they say lol
Posted by Trasq on :
These shakes mean there is money in here.
Posted by db on :
hopefully from here everyone who wanted out is gone , been alot of bashing this stock on other boards - the rs on bdwh was the right thing to do but I think it made alot of people worry where IGLY is heading. TA worthless here need pr
Posted by njs300zx on :
Wow what happened to this thing?
Posted by dmort on :
Price has recovered a bit.
Posted by llatffej on :
glad to see that. the sellers have sold now its time to run!
Posted by Trasq on :
Going for the green!
Who had that rally monkey?
Posted by db on :
this reminds me of IDWD , big dividend promise , stock ran up then stated dipping , panic , but after the panic , price rose sigificantly till divy then price dropped- but now it's back up to about where it was right after the divy , I sold to soon on IDWD ,so I'm holding this time
Posted by football on :
When do we have to hold by to get the divy. Should I hold on to my shares until the second week of april.
Posted by wallymac on :
quote:Originally posted by football: When do we have to hold by to get the divy. Should I hold on to my shares until the second week of april.
If you want the conversion of TWOG shares to ILGY shares you must hold until the conversion happens. Since TWOG will become ILGY, TWOG will stop trading.
Posted by njs300zx on :
a little come back. I'm still holding and hoping!!!!!!!!!!!!!!!!
Posted by Robbie English on :
How is ever one feeling in here about the lack of movement or PR?
Posted by njs300zx on :
I'm getting pretty iffy because I've seen stuff like this happen before, but I'm riding free shares so I'm holding.
Posted by amswap on :
Could the reason no one cares about this deal is that ILGY doesn't move at all. There hasn't been 1 share traded today. What do we have with this deal if there aren't any buyers for ILGY?
Posted by Trasq on :
ILGY holding at 0.82.
I expected ILGY came down and TWOGx10 go up to meet somewhere in the middle.
3 weeks and they'll be the same.
Posted by amswap on :
Yea, we'll be stuck with a stock no one else wants.
Posted by wallymac on :
Why trade ILGY if you can buy TWOG cheaper since they will be the same company in a couple weeks.
Posted by stickfigurefred on :
Valid point wallymac, lets hope your rationalization is worth it Posted by Trasq on :
I don't think the resident evil (MM or high profile investor) will be able to get cheap shares any more. He's been inside since Friday, the stock is behaving different since then. At the end the result is the same, but maybe different investors.
Posted by Robbie English on :
well this thing will bounce and can trade like normal for a couple weeks, so no need to worry.
Posted by Robbie English on :
OK how many people are holding and how many have sold off?
Posted by Trasq on :
Nobody is selling.
Since the 15th, 86 million shares have been traded. Well above of the actual price.
Traded at actual ridiculous prices 4.47 million.
Ratio 20:1
Somebody from USBS is doing "the game" to get cheap shares, but he's getting nothing. A high percent of those 4.47 million could be his own shares, just moving arround.
With TWOG that kind of strategy just doesn't work because of the volume. Maybe in CNES or USXP.
Posted by leavenart on :
Not me!
Posted by Robbie English on :
So Traq you think the MM's will eat up all the lose shares?
Posted by Trasq on :
All the panicked shares I would say. Immediatly after a transaction raises the price "he" sells (15-20 sec. aprox.) to send it back down. Did you see the sale at .0014 instead of 0.014 sent the price 90% down for a moment.
Posted by njs300zx on :
now its at .011
Posted by db on :
holding shares and waiting
Posted by Opethian on :
just bought 50k more, im nervous lol
Posted by njs300zx on :
looking ugly here people
Posted by Trasq on :
Hold on. ILGY between .80 and .95.
TWOG can be .0001, just wait for the exchange.
Posted by njs300zx on :
we still got a ways to go and ILGY can go either way at this point.
Posted by db on :
selling at these levels or lower might be the wrong thing to do , at this price a good pr stating facts about what ILGY has in it's future might even be worth holding through the transfer and would definitely drive TWOG up! for me the lower TWOG gets the more I want to hold to see where it's going
Posted by Trasq on :
Yes. ILGY can come down, but do you think they bought TWOG to lose 90% of their market value?
They said they wanted to go to other markets. As I know they need to be above 1.00 to go to the NASDAQ.
Posted by njs300zx on :
we need some PR desperately
Posted by njs300zx on :
What about when and if we get the shares of ILGY, are we going to be able to sell. I don't think so.
Posted by amswap on :
Likely not. There hasn't been a single share of ILGY traded in 2 days. That doesn't look too appealing to me. I'm stuck with quite a few shares and will wait and see what happens. If each share of ILGY only costs me 15 cents through this deal, then I think we'll have some shares trade, even they only sell for half the value.
Posted by njs300zx on :
thats what i was thinking
Posted by db on :
there won't be much trading of ILGY until TWOG is converted
Posted by stickfigurefred on :
Just like wallymac pointed out, why not buy TWOG cheaper then you could ILGY. So you probably wouldn't see much action yet in ILGY. Now of course ILGY would still need to line up some investors to make it worth buying into. I haven't seen a decent value yet to ILGY making me want to buy some.
Posted by njs300zx on :
hope this doesn't turn into another QBID. HAHA
Posted by SuperSniper00 on :
the exdate is still like 2-3 weeks away
why would the stock run so far out?? oh yeah thats right...it wouldn't
Posted by plni on :
I am holding free shares but I would hold anyway I dont know where it will end up but unless the is the scam from h#ll everybody holding shares on the ex date should make out with some green and I love green I,m an Irishman.Stand steady and I think we will all be pleased.
Posted by 7 of 9 on :
ilgy trading is normal
otcbb stocks end to gap open, and then volume drops to a very low level
there are 1000s of examples
the reason for the gapping is that people have already made there trades and something significant needs to happen in order to move the pps either way
contrast the otcbb to twog, a pink
too many shares, dumping, and naked shorting are the bane of the pink sheets.
Posted by Porsche on :
Tomm is another day. What yall think we got? This is a great buy if everything goes down like planned. Easy money!
Posted by wallymac on :
I guess what concerns me most is the lack of listing on the OTCBB Daily list. Until it's listed anything can happen.
Hopefully we get the PR tommorrow and the listing by weeks end.
GLTA Wally
Posted by upupandaway on :
At the current price, if I were in this stock, I might be tempted to hold to see if there would be the big payoff... if I were in this stock it would be free shares though
I still think the time to bail was late last Wednesday or early Thursday, or at least get to free shares, because the only way I see ILGY going anywhere is if there is true interest in ILGY... the initial runup was people wanting easy cash so they bought TWOG, not caring anything about it, because it would convert to ILGY.
Did anyone really care about ILGY at that point or did the numbers work out on a calculator and that was good enough?
I hope this turns out ok but unless there is a valid reason to have interest in ILGY I don't see there being many buyers after the TWOG conversion.
How many here are long ILGY through TWOG vs. wanting to cash in on what was supposed to be easy profit?
You have to have buyers to make it happen and without good news from ILGY who will buy?
Posted by wallymac on :
ILGY is nothing without TWOG. TWOG has been in the oil and energy business. I still see the actual run to happen the week prior to conversion.
ILGY is way too speculative for me but could run like some of the other companies that have completely changed their focuses. Those were Gold plays this is Energy.
It's easy to understand why ILGY is stagnant. New symbol that basically is only know to people buying TWOG or those who owned stock in the previous company.
If TWOG runs up I'll sell. You know the old saying a bird in hand is better than TWO in the bush.
GLTA Wally
Posted by Trasq on :
What's your exit point Wallymac?
Posted by football on :
Can you still buy twog shares now and still get your shares converted to ilgy shares.
Posted by wallymac on :
quote:Originally posted by Trasq: What's your exit point Wallymac?
I'll be very happy with .045 to .055.
Posted by wallymac on :
quote:Originally posted by football: Can you still buy twog shares now and still get your shares converted to ilgy shares.
Yes. Since all TWOG shares will be converted to ILGY shares. If you had to be in by the record in order to get the shares, TWOG would no longer be able to be traded.
The PR used the word Dividend but in reality it is converting shares of one company into the other company's shares.
Posted by llatffej on :
moving up a bit to start the day!
Posted by dmort on :
There is information out there from the CEO, that TWOG will become a shell claiming that several companies want to buy it. TWOG will continue to be traded and ILGY will be a dividend. This information seem's to be contrary to ILGY's pr.
Posted by Robbie English on :
quote:Originally posted by dmort: There is information out there from the CEO, that TWOG will become a shell claiming that several companies want to buy it. TWOG will continue to be traded and ILGY will be a dividend. This information seem's to be contrary to ILGY's pr.
That is all speculation as noone can even get hold of anyone from the company on any phone numbers provided.
Posted by amswap on :
I thought it was going to be that way. I hadn't confirmed it, but I think these companies know the difference between a dividend and a buyout. We will continue to have TWOG and get ILGY as a bonus. IMO
Posted by Trasq on :
Maybe the CEO doesn't like how it is being traded. $0.085 was mentioned at a time and we are way too far from there.
Dmort, where is that PR?
Posted by dmort on :
Its not a pr. Evidently it was an email response by Needham. Supposedly they used an old email addy for TWOG from its Alaska Oil days.
Posted by Robbie English on :
The truth here is has anyone tried to sell lately?? I have had 200,000 shares on fire sale below the bid and no takers... just a thought.
Posted by shomethamoney on :
I haven't responded because I felt bad for telling people about buying. I am very surprised at what's happened in the last few weeks. I am still holding a large amount in this stock. The thing that I keep in my head is that I have bought too many stocks and sold right when they took off. I bought BCIT at .0018 sold at .0031 and they went to .04 not to long after. I bought RSHN 5,370,000 at .001 sold at .0013 and look at them now. I bought PBLS when it was at .019 they went down to .013 I got scared and sold and then they flew to I think it was around .04. I may go belly up on this one, but I know I have picked good stocks and let it happen time and again. I refuse to have it happen this time. I do believe in the company and what they are offering. It's penny stocks boys and you either have a winner or loser. I for one think it's a winner, but I promise not to put anything out that is not news. I hope you all the best and my apologies to anyone If I offended them in the past. I hope that everyone does good on this stock. We'll see by the second week of April. Talk to you soon.
Posted by football on :
NEWBIE QUESTION? I don't understand, i will hold this stock until the second week of april and when the divy happens, does the shares just show up in my account or do I have to follow through with something
Posted by Brutus2600 on :
Your broker should take care of everything.
Posted by cottonjim on :
The volume of this stock today is interesting, volume needs to be looked at a few different ways and they all paint different pictures. If the volume is low it might mean that not alot of people are selling or not alot of people are buying. Folks may be holding the shares they own waiting on pending news. People may also be trying to sell, but there are little or no takers because, again, waiting on pending news. IMO that is what is going on with this stock, everyone is in a wait and see mode, buyers and sellers. I sure wish it would do something though, kind of boring to watch.
Posted by njs300zx on :
this volume is horrible.
Posted by Trasq on :
The volume is great, because nobody is selling at this price. IMO.
Posted by Robbie English on :
No one is selling because their order is in but not getting filled, no one is buying so even if you try to sell at below the BID it aint happening.
Posted by Trasq on :
Bid .0115 Ask .0130
Posted by Opethian on :
looks like orders are getting filled now? Im severely burned by this stock...
Posted by JHenry on :
I've had buys in for the last couple of days between 200,000 and 500,000 shares and have not been getting filled but I am low balling the BID. I put buys in just after the last run of sells we had. I have 300,000 but will pick up more if it dips again.
Posted by Trasq on :
Almost all day the ask was at .013 to .014, and not many shares.
Posted by Robbie English on :
There should be news soon, or if not there may never be news. After the strike date, which we haven ot even been told yet, there will be panic and an attempt to sell off. However, my experience with this stock makes me feel it is and will be near immpossible to sell!! JMHO
Posted by fsr63 on :
well, what is going on here?? Should I dump this or is it really gonna make me any money on the div???
Posted by cottonjim on :
If you look back at page 1 of this post to the initial PR that started all this, the finalized agreement was reached and the date to be a share holder of record was March 25. The Divy was expected to have paid out in the second week of April. I took that as meaning the date has come and gone and to sell TWOG now for whatever I could get out of it. The way I understand I will still receive the Divy in April. I may be wrong but I needed to free up some cash for another purchase anyway so I took a small loss on my initial purchase price.
Posted by stickfigurefred on :
What is so iffy is there has not been a record of the divy whatsoever on the otcbb lists, only stated in PR.
Posted by shomethamoney on :
Why don't we just wait until we read the next pr and then make an adjustment. It is only a couple of weeks. It gives you time to reevaluate your position and learn what you could have done better when investing in this. I know I probably would have waited, but I would definitely still be in for this. It is better to wait for the news than to lose on your investment. I would rather lose some on waiting for the pr than watch it run like it did the other day and not have anything to show for it.
Posted by shomethamoney on :
I do have one question. If all of the traders as of March 25th get a 10 for 1 of all the shares they own, then what does the investors purchasing now get. Do they get 10 for 1 also. Do they get one for one of ILGY - does anyone know?
Posted by njs300zx on :
taking a dump now.
Posted by njs300zx on :
This stock is starting to waste my money unless they are for real with this dividend.
Posted by Opethian on :
yeah im totally burned, might have to stop trading because of this stock, or at the very least take money from long term stocks, which I dont want to do
Posted by njs300zx on :
not that bad cause made money in MGEN and RSHN, but I'm thinking about pulling out and playing some other stuff to make up the cash and then buy back in. I htik it will go well below .01 at this point.
Posted by JHenry on :
I was out for a while just noticed the drop - I just entered buys going to pick up more for the divy - waiting to get filled - I always just miss the dips and as soon as I put buys in there are no sellers - there we go just got filled on 50,000.
Posted by Opethian on :
yeah I just sold a part of my position (50k) just now, that's probably what you got lol
Posted by JHenry on :
quote:Originally posted by Opethian: yeah I just sold a part of my position (50k) just now, that's probably what you got lol
Sorry you got out on a loss - don't know what the future hols for this but going to add some more and ride it out.
Posted by Opethian on :
hey no worries man! I just wanted to protect myself should it go down further, but anything can happen, I'm still holding 100k
Posted by 7 of 9 on :
100/105
almost time to buy huge
Posted by JHenry on :
Nobody's selling - I've got a Partial execution 50,000 out of 200,000 - but can't get filled on the rest - will keep it in and wait for another possible sell off.
Posted by njs300zx on :
ummm my magic 8 ball justed told me $1 lol
Posted by bigdomer on :
keep selling to me. im sucking up all your shares.. ive been doing it since .0175. thank you all very much for the free dividend and 500% gain. if you want to sell anymore shares than just let me know! lol... this baby will at .049 in a week and a half..
Posted by JHenry on :
ARRRGGG - I hate getting a partial fill and then chasing it up to fill the rest.
Posted by Trasq on :
Orders for 5000, 1500, 1200, 500 shares!!!
If somebody says those are MM signals I guess they have already comunicated what they are going to do next weekend.
Posted by njs300zx on :
woohoo down 20% now. Under a penny
Posted by Robbie English on :
well buy it up now... low as its getting today!!
Posted by njs300zx on :
going down down down
Posted by bigdomer on :
get in while you can.
Posted by JHenry on :
I guess all you can say is that it's been a buyers market. Picked up another 200,000 today. May pick up another 200,000 tomorrow but I am currently at 500,000 already. I can't see it going below .008 which is where it was before the last PR. I am wondering if most of the big players are out because there is no cash involved in the divy which may help it to hold it's price after the divy. I'm still planning on playing some after the next PR. I am trying to speculate the jump after the next PR - I am thinking it probably won't go as high as it did on the first PR. I have been in a couple of scam stocks and I definitely do not see this as a scam stock. There is a huge question as to the potential gains if any in this. In a way I do like the fact that the company isn't sending out large numbers of PR's. I have found that many scam stocks send out ton's of PR's to try to appease everyone - been there/done that. I thought for sure the PR would have come out by now - the ex-date is fast approaching and they would at the latest need to get the PR out before the second week of April. Meanwhile I will keep loading up while it drops.
Partial execution 03/30/06 Buy 200,000.000 50,000.000 TWOG Limit $0.0100 $0.0100 Day 49998953
Posted by Trasq on :
"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful". Warren Buffett - Greed - Fear - Investing
Good luck to the ones that left. We'll be here, whatever it takes.
Posted by JOELGA on :
Gosh Im glad by instincts served me well on this pick.
Posted by njs300zx on :
Still here holding 200k grinding my teeth
Posted by dmort on :
At first I thought the "dividend" was really an exchange of shares. Now I think this is indeed a dividend and TWOG will continue to trade as a shell. So we will get IGLY and keep our TWOG shares.
Posted by JOELGA on :
Well it is sad that there has been no clarification on this dividend/ merger. It just as well may be a reverse split. If TWOG's assets are going to IGLY, then why would TWOG shares be worth anything after the buyout? Doesnt make too muck sense to me here.
Posted by dmort on :
Shell company shares trade on the OTCBB all the time. Then a company buys the shell creating a reverse merger and new name. This is a way for the current CEO to cash in a second time and for the investors to profit with a new industry/company. Sometimes when this happens there is a r/s.
If this were a normal merger ILGY would handle the exchange of shares itself. But as a dividend TWOG disperses the ILGY shares to its shareholders that it received for its assets. After that TWOG is a shell with no no assets except its name,shareholders and SEC filings. TWOG as a shell could be worth $200,000 to its CEO.
Posted by JOELGA on :
Dmort, thanks it is beginning to make a little more sense now. So basically this transaction of the ILDY divy, and the drop of TWOG pps should just equalize each other out.
Posted by hensley1971 on :
hi all,
bit of a newbie here. been reading for a while and finally registered. ive got a few hundred thousand shares of twog. have had since before the 25th of march. Am i able to sell them now and still get the dividend (shares of ildy) or do i have to hold until the actual dividend transaction date? It seems their pr is a big vague... Do i keep my twog shares and get additional idly shares or are they all just converted to ily? anybody know for sure?
Posted by reidler88 on :
haha,, what i do know is that its ILGY not ildy or ily,,,, and u needed to own the shares before the 25,, and yes u gotta hold them till they get converted,,,,,,
Posted by reidler88 on :
DMORT u wrote At first I thought the "dividend" was really an exchange of shares. Now I think this is indeed a dividend and TWOG will continue to trade as a shell. So we will get IGLY and keep our TWOG shares.
cause ilgy is buying out twog for all its assests,, so yeah twog would be a shell,,, and it says we get ilgy shares,,, so just wondering,, cause someone stated that the float would increase,,, would it really increase the amount of shares it has from acquiring twog,,,and they are giving shares to us, is it shares they already had or yeah just making new shares,,,
wow,, alot of questions and wondering tonite from me,,,, my summer depends on the outcome of all of this,,, im hoping some of the vets from the board can shed some light on all of this,, i know a PR would help us right about now,,,,
[ March 31, 2006, 03:15: Message edited by: Bob Frey ]
Posted by 7 of 9 on :
huge buying opportunity
Posted by SuperSniper00 on :
The dividend will be 1 day after the pay date.
Posted by JHenry on :
I have spent many hours searching the filings for company's that have screwed up their divy dates. Ever since GVRP - I have found some and played a couple of them. It's amazing that some company's don't even know exactly what dates to put down when they file. No matter how a company has screwed up on their filing dates the only date that is important is the ex-date. That's the only date you have to look at. I have found some good articles on divy's. No filing for this yet - am starting to wonder if there will be a delay in the merger/divy.
Posted by 7 of 9 on :
quote:Originally posted by JHenry: I have spent many hours searching the filings for company's that have screwed up their divy dates. Ever since GVRP - I have found some and played a couple of them. It's amazing that some company's don't even know exactly what dates to put down when they file. No matter how a company has screwed up on their filing dates the only date that is important is the ex-date. That's the only date you have to look at. I have found some good articles on divy's. No filing for this yet - am starting to wonder if there will be a delay in the merger/divy.
the above is correct
ex-div date will be sometime in april. this is what ilgy has always said.
remember, the company sets the record and pay dates but nrither of those matter to us
NASDAQ sets the ex-div date, which is the only date that matters.
this is why, when cos publish a div, they dont give the ex-div date, bcs. they dont know it yet. nasdaq will set it. it cannot be rushed.
twog: 90/110 right now
Posted by JHenry on :
This is a good one on dividends hensley1971 - I have even seen some articles that get it wrong - this girl has it right:
From the article: "The easiest way to think of it is this: If you sell before the ex-date, the buyer gets the dividend; if you sell on or after the ex-date, you get the dividend, but you sell at a lower price."
Although she is somewhat wrong on the Pay Date: "The payable date is easy to understand. That's the day the checks, or additional shares, go in the mail or are electronically transmitted to your brokerage account." - not always true. I have seen pay dates listed up to a week before the Ex-Date - in which case, as with any case, the Pay Date means nothing.
Posted by JHenry on :
Now there's some screwed up dates - just have to remember the only one you need to look at is the Ex-Date. The Record Date on this one is three weeks after the Pay Date and the Pay Date is 2 days before the Ex-Date. The divy showed up 2 days after the Ex-Date, right where it was suppose to, which was actually 5 days after the Pay Date.
Posted by JHenry on :
Correction - the Record Date was 3 weeks before the Pay Date.
Posted by CMoney on :
So, plain and simple...
Is this still a good buy before the ex-date to get more of a dividend?
All Im concerned with is increasing the amount of the divy. We're after the the holder of record date, andI have 15850 in TWOG. Can I add more now at these low prices and increase my div?
Or, what will happen to extra shares purchased now after the pay date.
C$
Posted by Robbie English on :
If it is a reverse merger there really isnt a date in which you must own by, because all the shares will become ILGY 1 for 10.
If it is a Divy that is being paid and TWOG is left trading then all that happens is TWOG continues to trade and you get paid a dividen in the form of 1 share of ILGY for every 10 shares you own of TWOG.
If you like TWOG at this price buy away as it will not effect your DIVY, at all in either instance.
Posted by llatffej on :
very low volume!! could be a good sign
Posted by Trasq on :
Last minute increase of 15% with 100 shares.
$1.15 plus comission.
Thanks, whoever it was.
Posted by Trasq on :
This is from American Bulls
------------------------------------------------- TRANSWORLD OIL & GAS LTD Daily Commentary
Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 03.07.2006 (24) days ago, when the stock price was 0.0078. Since then TWOG has gained 47.44% .
BUY-IF is confirmed by a white candlestick which has an open equal to the previous close but closing higher. The buying price is the previous close ( 0.0110 ) according to the Rules of Confirmation.
Patience pays off. The market wavered a bit but finally confirmed the recent bullish formation. The dose of the previous day was not enough for a BUY-IF confirmation but today it is. Though the market opened lower today, the day’s activity created a white candlestick that closed above the previous close. This is a valid confirmation criterion. The market seems ready for a new bullish move.
The significant failure of the previous SELL signal is unfortunately confirmed too. Our shot went away this time. It is a fact that such signal failures are more unlikely for higher rated stocks, but it is not possible to deal with all the vagaries of the stock market. The signal system, however, continues to do an excellent job in the overall, despite such failures. This can be seen easily with a quick glance to the signal history table.
We hope that you bought this stock and still have a chance to profit from the later phase of the bullish attack. Your important benchmark today was the previous close. Today you were supposed to watch the session carefully, feel its bullish tendency despite the lower opening, and go long after making sure that the prices stay over the previous close.
If you bought, continue to hold this stock until the confirmation of the next SELL-IF signal. You are on relatively safe grounds as long as the future prices continue to trade above the benchmark price and if an emergency warning is not issued. What to do if you did not buy? Maybe you did not have time to follow the session or you simply delegated the delicate job of confirmation to us. Well, it is a bit late, but not too late. You may still find suitable prices for buying in the following sessions and still profit in case of a sustained bullish move.
The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any. We erred significantly on the short side last time, but we are sure that you may easily cover your losses (if any) by basing your future trades on our signal system.
Posted by JHenry on :
It has not taken very much to move this stock. With the recommendation to cover short positions and the buy recommendation do you think this will go up in the am?
Posted by AgentGPF on :
Is nobody in this thread still holding out for big cheese? Or are you hoping to still buy in cheap?
Posted by llatffej on :
i bought in at an average of .02 unfortunatly! but im holding out hope for the big bucks
Posted by Trasq on :
TWOG will run again.
The same thing happened in October (joint venture) and in December (first purchase news). Lack of news and went down.
News with purchase operation details are already late. I hope ILGY impoves on communication and investor relations, these are very important in the plans they say they have.
Worst price I've seen for ILGY in months is .6, actual .7. TWOGx10 will become ILGY's price in one to two weeks.
Posted by llatffej on :
ill be happy with that. hell if i double my money ill be happy. i dont have a lot of money to trade but most is invested in this stock and i want to get into a lot of others... but hopefully the wait will pay off
Posted by Brutus2600 on :
I only have 27k shares at the moment, so I'm holding out. I figure if it pays out, I'll have a nice little chunk to play with other investments. If it doesn't pan out and I break even or lose it *shrug* lesson learned.
Posted by joeyisthebest on :
I just got my shares from FGFC so I will have almost 2K dollars to play with and I currently have 10,500 in TWOG current avg. is .0205 but will try and avg down. Want to get my 2K and sit back and relax only put 450 in for 159 shares they did a 10-1 forward split in at 2.77 now avg is .277 and I got 1,590 shares sometimes these splits do work out.
Posted by Robbie English on :
Well, the deal is a minimum share price of .085 so that is what it should be. Now, it could go down or up from there after the pay date.
I hold 200,000 and am waiting it out!!
Posted by njs300zx on :
finally a trade
Posted by llatffej on :
this volume is crazy! i think we will start heading up slowly until the next PR
Posted by Robbie English on :
we wont head anywhere untill the next PR. Basically we stay the same or trade a little lower.
Posted by Opethian on :
new HOD by 200 shares (MM signal?)
Posted by Robbie English on :
no signal there ... maybe thats all someone could afford...lol
Posted by Trasq on :
Clock is ticking. ILGY holding at .70
Posted by bigdomer on :
everyone ready to watch this go up 400% in a few days?
Posted by db on :
still holding , waiting , price has been steady for several days , won't be long now
Posted by njs300zx on :
taking a dump now. Maybe a good time to buy more.
Posted by db on :
If you like the suspense of a divi play check out HYRF look at the news release on 1/17 then check out thier news release on 3/31 then look at the pps on SHDG (Ihave scottrade) wonder whats going on there
Posted by Robbie English on :
well if the pay date is suppose to be in the first two weeks of April, I think further PR is required this week.
Posted by njs300zx on :
SHDG at $5. 9900% is that correct?
Posted by db on :
thats what scottrade shows
Posted by Robbie English on :
0.0050 thats the correct price down 99%
Posted by db on :
HYRF may give free shares of SHDG
Posted by JHenry on :
I just don't understand how this is playing out. ILGY will drop after the divy and I would think that everyone who owns ILGY would know that. I can't believe it is not dropping unless the holders of ILGY know something that everyone else doesn't. I wouldn't be holding any ILGY, it just doesn't make any sense. I would have expected ILGY to be down in the 30 to 40 cent range by now. Since ILGY is holding strong it makes me feel better on the outcome for a decent profit.
Posted by Robbie English on :
Let us hope that this is legit... and then we all come out smiling... if not good luck getting out with our shirts...
Posted by bikerider on :
yeah, i agree - ILGY will hit the ground after the divy as everyone will sell to get da big promised bag of cash, i got into this at 0.02, i'll be happy if i can get my $ back, tough to sell this one. on the other hand depends who takes over twog, we might see some green there.
Posted by Robbie English on :
I just consider it $4,000 gone... if it pays off then its $17,000 if not ... lesson learned on this type of deal.
Posted by Trasq on :
Come on!
I seems ubss is acheving the goal of lowering shareholder expectations.
They have managed to take it down because nobody is buying on the uncertainty the divy applies or not to shares purchased after the 25th.
If it stays down, I'll wait to get my ILGYs. If ILGY goes down, I'll wait until it recovers. They are doing this because it is profitable for them.
Stay cool.
Posted by Robbie English on :
actually the sceptisism is because TWOG is on SCAM watch..nothing to do with the MM's the volume is low and most are in just for the free money.
Posted by db on :
TWOG has been bashed alot! but,I'm staying till aleast another pr at these pps
Posted by bikerider on :
TWOG is gone, is a shell right now waiting for some private company or group of scamola to be taken over. either way you can make some money out of it, if you ride the wave. ILGY is the problem here, as I can't see enough buyers to absorb the sea of sellers after the divy.
Posted by Trasq on :
Anybody there?
Price says cut-off date has already passed (25th) or says the purchase was cancelled.
For me, the problem is that there has not been an official communication on the NAS regarding the divy, just the press release.
Posted by Brutus2600 on :
Robbie, do you have a link to the scam watch you talk about? That would be a nice list for future references as well.
Posted by football on :
What if I sell twog now will i still get the divvy or do i have to hold on to them
Posted by Robbie English on :
if you own it now you need to hold it untill the divy, otherwise if you sell the divy goes with your shares...
I will post the list
Posted by football on :
okay and what is the exact date or is that still unknown..
Posted by Robbie English on :
still waiting for PR to confirm that.
Posted by njs300zx on :
Even if we get the Divy, I doubt we are going to be able to sell. any other thoughts on this?
Posted by Robbie English on :
yeah, we wont be able to unless this PR generates some good interest in this stock.
Posted by llatffej on :
im starting to hate this stock because i got most of my money tied up in it and cant get in all the other hot stocks! we need a positive PR today!
Posted by bikerider on :
the stock we can get some money of is TWOG, after the reverse merger. ILGY is no money or long, very long.
Posted by db on :
I'm guessing no pr till next week - and I wouldn't write off ILGY yet because with the right pr that shows positive income earnings and potential this all could work out - also this company has changed names several times so thier not amatures they want to make money , I'm staying at these prices! at this point I've waited too long and can wait another week
Posted by Robbie English on :
truth is if you own your shares where the majority do at about .02 cents you cant sell even for a loss, so the only thing you can do is hold.
Posted by walyworld on :
The only thing this co is pumping out of its wells is Sh*t!!
Posted by bigdomer on :
lol
Posted by Robbie English on :
well you can still sell manure right?
Posted by Robbie English on :
another day of waiting for PR that will never come!!
Posted by Robbie English on :
upticks and back to .0120
Posted by Trasq on :
Up 21% with 100 shares.
Done with 12 cents + comission. I wonder what a dollar can do.
GLTA with this one, still waiting.
Posted by Robbie English on :
lets see
Posted by 7 of 9 on :
the twog divy will happen
just relax
.0099 may be the lowest the ask ever gets again
Posted by njs300zx on :
lol 100 shares trying to fake out a run
Posted by fsr63 on :
Still waiting on a pr, anyone heard anything new yet?
Posted by Trasq on :
Another BUY Confirmation at American Bulls, but still no PR.
Posted by njs300zx on :
Where's the PR, We need some volume here!!!!!
Posted by Robbie English on :
I dont think we would get anyone into this on a Friday. It will only get volume on a PR. We are at the mercy of the Divy and PR.
Posted by Trasq on :
Will ILGY loose 85% to match TWOG or wil TWOG increase 550% to match ILGY?
Somewhere in the middle. We are about to see. 2nd. week of April starts tomorrow.
GLTA!
Posted by bikerider on :
ILGY does not have anything to do with TWOG anymore, you get your ILGY shares for whatever TWOG you've had march 25 and that's it, TWOG is a floating shell company right now which will reverse merge with some private company one day, might be monday or 6 months from now, got nothing to do with divy whatsoever.
Posted by JHenry on :
Just remember - they still have to file and you can still buy TWOG and you will get the ILGY Divy throughout the one day before the Ex-Date. Those are the rules and they must follow them.
Posted by CMoney on :
quote:Originally posted by JHenry: Just remember - they still have to file and you can still buy TWOG and you will get the ILGY Divy throughout the one day before the Ex-Date. Those are the rules and they must follow them.
I thought this was answered before, but JHenry are you saying..........
That if I buy 10000 shares of twog, I'll get 1000 shares of ILGY and the divy because they havent set the ex-date or what?
Just making sure its clear for the newbies
Posted by JHenry on :
Correct
Posted by Trasq on :
JHenry is right.
There has to be an official comunication from NAS about the ex-date. The date is not set by the company.
Posted by njs300zx on :
Where is our news????????????????
Posted by Robbie English on :
They did not have to to write it as they almost missed the plane to the carribean... they got my money too.. nothing to do but wait and see...
Posted by njs300zx on :
This wait and see is killing me. Got money tied up in this damn stock that could be making money else where. They better pay the divy haha
Posted by dmort on :
If they dont the merger will be history, which might actually move this stock upward.
Posted by Robbie English on :
Just imagine for a minute ILGY and TWOG are owned by the same people in the first place...no merger, what merger..money is gone!!! Just by the grace of GOD will we get out with some money!!
Posted by Interesting on :
I just sold 2000 shares of ILGY. at .65
Posted by db on :
interesting the 2000 shares of ILGY you sold were they shares you received from BDW? and how long did it take to sell? thanx
Posted by Interesting on :
Yes, they were the shares converted from BDWH. The sell executed in about a minute or two.
Posted by truegolf on :
TWOG ON OTCBB DAILY LIST TODAY. LOOKS LIKE THE X-DATE IS 04/20/2006, RECORD DATE 04/24/2006 AND PAYMENT DATE 05/01/2006. One restricted share of International Energy Ltd (OTC: ILGY) for every 10 shares held.
Posted by 7 of 9 on :
restricted? that means we can't sell them when we get them?! I mean anything can happen to those ILGY shares in the meantime, right? i don't know man... still holding 100k shares (at a loss currently), would be nice to see them green again Posted by Trasq on :
Dividend Search Results for TWOG
TWOG - Transworld Oil & Gas Ltd. Common Stock
Declaration Date:
-- Ex Date: 04/20/2006
Record Date: 04/24/2006
Payment Date: 05/01/2006
Dividend Type: Stock Div. payable in another company Dividend Amount: +stk
Notes:
+One restricted share of International Energy Ltd (OTC: ILGY) for every 10 shares held.
-------------------------------------------------
Well, it starts to make sense.
Dates are defined. Just need to know the conditions of the restriction.
I think this should go up again. May double tomorrow.
Market will define the discout for the ones that want to sell before the conversion to ILGY and not wait the restriction period. Currently the discout is 85%, I think an appropriate discount would be 15% to 20% (TWOG at .055 to .050) considering ILGY stays at .65.
If I don't get a good amount for TWOG I'll keep the ILGYs. After all the restriction period is to assure ILGY goes higher.
GLTA!
Posted by 7 of 9 on :
is there any way to find out how long the restriction is?
Posted by Trasq on :
I guess we have to wait another month, because Investor relations at ILGY just don't exist.
I have seen restrictions for months to years, also restrictions can be for volume, with discounts, restrictions to vote and participate in company meetings, etc. A complete contract with the conditions is defined. I guess here is where the .85 appears. Have to wait and see.
Posted by Opethian on :
why did the last PR mention the 25th of march as the record date by which time you needed to have the TWOG shares, because that doesn't have anything to do with what we're seeing here (or am I missing something). Someone care to explain? thanks
Posted by Opethian on :
nevermind, the OTC website mentions a new record date of 4/24
Posted by llatffej on :
this should start movin
Posted by stickfigurefred on :
Woohoo! Something official at least:
04/10/2006 12:49:16 PM|NBB|TWOG|Transworld Oil & Gas Ltd. Common Stock||+stk|04/20/2006|04/24/2006|05/01/2006|+One restricted share of International Energy Ltd (OTC: ILGY) for every 10 shares held.
This does not say reverse merger though..does it?? It still does not make clear if ILGY stock will be as a dividend or we will forfeit 10 shares of TWOG for 1 of ILGY?? Any suggestions here?
Posted by JHenry on :
Hopefully a PR will clarify things. As always the Record Date means nothing to us. The Ex-Date now set in stone - you can buy up through April 19th and you will get the divy. With the dates set they need to get their PR out ASAP.
Posted by JHenry on :
Question: What kind of restrictions? Answer: One of the most common restrictions requires a certain length of time to pass or a certain goal to be achieved before the stock can be sold. This is the vesting period.
The big question is how long do we have to hold? I sure don't want to be holding 6 months or more.
Posted by JHenry on :
This restriction was probably the only way they could see of having the stock price to help maintain it's value. As mentioned by others if they support ILGY with some good PR's and supporting data this could be really good for us that are holding. I feel a little better at this point. They are definitely working to maintain ILGY value.
Posted by 7 of 9 on :
Buy now to get the divy.
Ask = .012
Posted by njs300zx on :
Waiting to see what the restriction is though
Posted by njs300zx on :
About time we broke a million in volume again lol
Posted by Trasq on :
+25%
Otcbb's confirmation is helping.
This is the moment to issue a PR with details.
Posted by njs300zx on :
Don't think they are smart enouhgh to release another PR lol
Posted by njs300zx on :
Wow .014. Haven't seen that in awhile
Posted by 7 of 9 on :
TWOG: ask = 0.0135
ILOG: bid = 0.650
Therefore, TWOG buyers right now will get divy worth 0.0650 next week.
This is so good it makes the rest of the OTC look stupid.
Posted by 7 of 9 on :
TWOG: ask = 0.0135
ILGY: bid = 0.650
Therefore, TWOG buyers right now will get divy worth 0.0650 next week.
This is so good it makes the rest of the OTC look stupid.
Posted by amswap on :
The OTCBB shows that this is a 'dividend' and not a buyout. They show "+One restricted share of International Energy Ltd (OTC: ILGY) for every 10 shares held." I've heard TWOG will be bought out and done away with, but this isn't showing that to be the case. Anybody know company heads at IGLY? Call and tell them we need a good PR and some clarification!!!
Posted by stickfigurefred on :
Good luck getting ahold of anybody, so far its been all fog and mirrors. Restricted shares are bad karma, they will be stuck for at least a year and usually the company will fall dramatically by the time you get to sell em. Take your assets and run IMHO Posted by JHenry on :
I've been holding strong with 500,000 and am feeling good about my position. I mentioned before that when companies put out tons of PR's that I don't trust them. "Sleeper" companies, the ones that are the real deal don't tend to put out very many PR's are the ones to watch for huge returns on your money. As we see know that this is for real and the fact that they had initially said it was a 8 1/2 cent divy they may be putting up some serious cash to help maintain ILGY's stock value. There are lots of possibilities at this point and with this OTCBB release the possibilities are looking really good. i'm dying to see their next PR.
Posted by shomethamoney on :
Look at the climb with so little volume - boys if this one picks up speed this will have no problem soaring!
Posted by 7 of 9 on :
sell high boys
very high
Posted by reidler88 on :
yeah,, u would think this one would pick up like it did the last time a pr was released bout the divy,, but i think people are scared now cause the company doesnt give to much info bout whats goin on,,, i personally dont like being left in the closet bout things,, i really need for this to take off,,, i need money bad,,,, wanna play some other stocks,,,
Posted by Trasq on :
ILGY +6%. Something is cooking.
Posted by njs300zx on :
quote:Originally posted by reidler88: yeah,, u would think this one would pick up like it did the last time a pr was released bout the divy,, but i think people are scared now cause the company doesnt give to much info bout whats goin on,,, i personally dont like being left in the closet bout things,, i really need for this to take off,,, i need money bad,,,, wanna play some other stocks,,,
When and if this does play out, we have restricted shares of ILGY. You will most likely not be able to sell right away.
Posted by Robbie English on :
We got news boys and girls
Posted by Robbie English on :
Transworld Oil and Gas Ltd. Updates Asset Sale to International Energy, Ltd. Last Update: 2:20 PM ET Apr 11, 2006
*deleted*
Posted by Trasq on :
Transworld Oil and Gas Ltd. Updates Asset Sale to International Energy, Ltd.
Last Update: 2:20 PM ET Apr 11, 2006
HOUSTON, TX, Apr 11, 2006 (MARKET WIRE via COMTEX) -- Transworld Oil & Gas, Ltd. (TWOG : transworld oil & gas ltd com News , chart, profile, more Last: 0.01+0.00+30.00%
1:36pm 04/11/2006
Delayed quote dataAdd to portfolio Analyst Create alertInsider Discuss Financials Sponsored by: TWOG0.01, +0.00, +30.0%) is pleased to announce that the record date set for the stock dividend distribution of International Energy, Ltd. (ILGY : international energy ltd com News , chart, profile, more Last: 0.69+0.04+6.15%
1:14pm 04/11/2006
Delayed quote dataAdd to portfolio Analyst Create alertInsider Discuss Financials Sponsored by: ILGY0.69, +0.04, +6.2%) will be April 24, 2006. Pay date for the dividend will be May 1, 2006. First American Stock Transfer will be mailing shares to Transworld Oil & Gas, Ltd. shareholders without any action required to be taken on the part of the shareholder. The ratio of the distribution will be one (1) share of International Energy, Ltd. for every ten (10) shares held of Transworld Oil & Gas with fractions to be rounded down.
Posted by CMoney on :
Thanks, Trasq
Posted by Trasq on :
You have faster fingers.
"Mailing shares"? Anybody has been in that case?
Posted by CMoney on :
This PR doesnt say anthing new except fractions will be rounded down
Posted by Robbie English on :
still does not say if this is a dividend or a reverse..from what I understand it seems to be a divy so we get to keep our TWOG?
Posted by Trasq on :
otcbb says divy.
Posted by amswap on :
That's what I see also Robbie! But how can any company give more in dividends than the stock is worth? And what would that do for the either company?
Posted by Robbie English on :
I will try and call to clarify... perhaps it does not matter if we can double on TWOG and flip or go out.
Posted by amswap on :
I'm thinking if I can sell for a little less than they are actually worth, I'll get out. I don't care to hold the new shares for up to a year before I can sell. I would rather get a little less and have my money under my control than wait...and wait.
Posted by Robbie English on :
Well ILGY just sent out new news now on acquiring 25% of MGGL
Posted by Robbie English on :
International Energy, Ltd. Finalizes Agreement for 25% Ownership of Magellan International Energy
E-mail | Print | | Disable live quotes Last Update: 3:41 PM ET Apr 11, 2006
ORLANDO, FL, Apr 11, 2006 (MARKET WIRE via COMTEX) -- International Energy, Ltd. (ILGY : international energy ltd com News , chart, profile, more Last: 0.69+0.04+6.15%
1:14pm 04/11/2006
Delayed quote dataAdd to portfolio Analyst Create alertInsider Discuss Financials Sponsored by: ILGY0.69, +0.04, +6.2%) , has finalized an agreement with Magellan Energy, Ltd. (MGGL : magellan energy ltd com News , chart, profile, more Last: 12.50+0.50+4.17%
6:41pm 04/06/2006
Delayed quote dataAdd to portfolio Analyst Create alertInsider Discuss Financials Sponsored by: MGGL12.50, +0.50, +4.2%) . Under the new finalized agreement, International Energy, Ltd. will become a 25% owner in Magellan International Energy, Ltd, and its operations. Magellan is currently planning on becoming an independent oil & gas producer. About International Energy, Ltd
Posted by stickfigurefred on :
Not much transparency here, wonder how they purchased 25% of MGGL. Stock offer I wonder?
Posted by llatffej on :
.0135 maybe close at .014
Posted by trader_adam on :
This will run tomorrow
Posted by Trasq on :
Hey, Stickfigurefred. Please explain the MGGL operation, I think it is important in here.
I know they have some kind or joint venture and is one of the reasons that make me decide on going in with this.
Posted by Trasq on :
I see an operation at 16:02:42 at 0.0145
Posted by llatffej on :
starting to look good
Posted by shomethamoney on :
Does this mean the same thing as the one on March 15th. I don't get - can we play some other things until April 24th and then get paid the dividend at May 1st. Why was a date of March 25th given out then? Can someone explain this one?
Posted by 7 of 9 on :
Ex-div date is 4/20.
The last day to buy and get the huge div is 4/19.
Expect hot action and spikes on 4/19, a Wed.
Posted by db on :
I think this is starting to shape up now with solid ex-div date and ILGY with new pr , we should see more good news coming out prior to 4/19 and hopefully ILGY back to .80 or more and TWOG going .02 or .03
Posted by Trasq on :
Who wanted a PR?
This is not related to the divy, but it is great. -------------------------------------------------
Press Release Source: International Energy, Ltd.
International Energy, Ltd. Finalizes Agreement for 25% Ownership of Magellan International Energy Tuesday April 11, 3:40 pm ET
ORLANDO, FL--(MARKET WIRE)--Apr 11, 2006 -- International Energy, Ltd. (Other OTC:ILGY.PK - News), has finalized an agreement with Magellan Energy, Ltd. (Other OTC:MGGL.PK - News). Under the new finalized agreement, International Energy, Ltd. will become a 25% owner in Magellan International Energy, Ltd, and its operations. Magellan is currently planning on becoming an independent oil & gas producer.
About International Energy, Ltd.
International Energy, Ltd. intends to become a worldwide company specializing in the extraction and production of oil and gas. The company's vision is to establish and enhance the company's foundation for future growth by developing properties that provide a balance between short and long-term reserves in both the oil and natural gas markets. Oil and gas-related activities will include acquiring additional properties with potential for development and drilling. The company will work to establish and maintain a significant inventory of undeveloped prospects. The company emphasis is on production, cash flow and reserve value, which will be attained by exploring for, developing, and purchasing oil and gas properties worldwide.
Posted by Trasq on :
With the divy we also have part of Magellan International Energy.
Note the "International Energy" in the name of Magellan. I mentioned that on a post about a month ago.
Posted by shomethamoney on :
Will TWOG continue to trade - Meaning will we have shares in TWOG and ILGY after all is said and done?
Posted by JHenry on :
I like it - still going as planned. This should pop pretty good by the 19th for last chance takers.
Posted by njs300zx on :
That would be great.
TWOG will probably dissolve or merge into ILGY and we will have shares of ILGY. The shares should appear in your account as a 10 to 1 conversation as ILGY
Posted by Opethian on :
Im not an expert on this, but why does everyone keep saying it's going to be a conversion into ILGY shares when both the pr AND otcbb.com use the words "stock dividend". To me that's just what it is, a dividend! I'm not doubting any of you, just an honest question, I'd like to know why you think it's going to be a conversion and not just a dividend in the form of shares.
thanks
Posted by 7 of 9 on :
quote:Originally posted by Opethian: Im not an expert on this, but why does everyone keep saying it's going to be a conversion into ILGY shares when both the pr AND otcbb.com use the words "stock dividend". To me that's just what it is, a dividend! I'm not doubting any of you, just an honest question, I'd like to know why you think it's going to be a conversion and not just a dividend in the form of shares.
thanks
correct
ILGY shares will be a div.
Mergers are expensive with lawyers and are to be avoided.
Posted by madmoney on :
the original PR from BDWH wich is now ILGY stated they had agreed to purchase 100 percent of the outstaning shares of TWOG so how can this be a divy? even though thats what the PR clearly stated, I`m confused!
Posted by madmoney on :
ORLANDO, FL, Mar 15, 2006 (MARKET WIRE via COMTEX) -- International Energy, Ltd. (OTC: ILGY), formerly BDW Holdings, Ltd., has finalized an agreement with Transworld Oil & Gas (OTC: TWOG). Under the new finalized agreement, International Energy, Ltd. will purchase all assets of Transworld Oil & Gas for stock and Transworld Oil & Gas will dividend out these shares to its shareholders.
Each Transworld Oil & Gas shareholder will receive one (1) share of International Energy, Ltd. for every ten (10) shares of Transworld Oil & Gas. Shareholders of record on March 25, 2006 are expected to receive the dividend by the second week of April 2006. Further transaction dates and details will be announced in the near future.
About International Energy, Ltd.
International Energy, Ltd. intends to become a worldwide company specializing in the extraction and production of oil and gas. The company's vision is to establish and enhance the company's foundation for future growth by developing properties that provide a balance between short and long-term reserves in both the oil and natural gas markets. Oil and gas-related activities will include acquiring additional properties with potential for development and drilling. The company will work to establish and maintain a significant inventory of undeveloped prospects. The company emphasis is on production, cash flow and reserve value, which will be attained by exploring for, developing, and purchasing oil and gas properties worldwide.>>>>>>>>>> sorry forgot about the NEW agreement
Posted by Trasq on :
7 of 9 tomorrow we'll try again with Simon. With the Magellan deal even ILGY can go up.
Posted by leavenart on :
The only thing that should be confusing is the value of the shares you recieve. We will recieve a dividend because twog will have no value and it is based on the number of shares (investment) you have in twog. I expect to still have one hundred thousand shares of twog when this is done, except they will have no value. I suspect that this method was found to be the most advantagous for the new owners. We just have to hope they don't pull some fancy accounting moves that will devalue our investment. Personally, I am holding my breath which accounts for the blue face.
[ April 11, 2006, 18:22: Message edited by: leavenart ]
Posted by bikerider on :
why do you guys think TWOG will go up before Apr. 20th as the same thing was scheduled to happen March 25 and the price didn't go up * all. Why is now any diferent then before Marchc 25?
Posted by JHenry on :
March 25th didn't mean anything - it was just the Record Date and the Record Date doesn't mean anything, now the Ex-Date that is the date that means everything.
Posted by JHenry on :
Now that the Ex-Date is set for April 20th. It will be like sitting at a card table on April 19th and you have to decide whether to call or to fold them - you are either in on the deal or you are out of the deal at the end of the day on April 19th.
Posted by llatffej on :
this should go up until the ex-date
Posted by deleet on :
ok, if this means that every 10 shares of TWOG will be worth 1 share of ILGY, is there going to be any trade restrictions after it changes?
Posted by njs300zx on :
quote:Originally posted by deleet: ok, if this means that every 10 shares of TWOG will be worth 1 share of ILGY, is there going to be any trade restrictions after it changes?
Yes they are going to be restricted shares but they have not released any details regarding the restriction.
Posted by Robbie English on :
Poker, someone say Poker?
Posted by db on :
what pr said they were going to be restricted shares?
Posted by Robbie English on :
the second one they sent out yesterday
Posted by llatffej on :
here we go .016 and climbing
Posted by Robbie English on :
man, more movement than a spastic bowel lately.
Posted by db on :
I'm getting the feeling every thing with this stock is going to happen at the last possible moment and I want ILGY back over a $1.00 !!!!
Posted by bikerider on :
i would be happy if it goes 0.022 so I can at least get my money back before divy. imho i don't think we'll see that but i hope i'm wrong.
Posted by bigdomer on :
i encourage anyone who wants to make alot of money in the short term to buy twog right now... right after this transaction takes place and twog shares turn into ilgy and you make a huge gain off that, i think ilgy's gonna suck up the float when twog sellers sell ilgy and will be profitable too. buying twog at anyting below .025 is a bargain
Posted by cassity on :
ILGY is currently at .65, so would the shares you own after the split be worth that amount?
Posted by CMoney on :
So why are people concerned with share price of TWOG, when you cant sell before you get the divy.
Even if TWOG was at $1.00/share, you would still only get 1 for 10, right.
I mean, I can understand being concerned with the price if people werent holding for anything, but most are holding for the dividend, so share price doesnt matter on TWOG's shares, but it means everything once we get shares of ILGY.
C$
Posted by wallymac on :
You must remember that the shares of ILGY that you get are restricted shares. There will be no sell off because of this. I would like to know what the restrictions are going to be.
The reason the PPS isn't moving is because to much is still unclear.
Posted by hensley1971 on :
big domer,
you said "i encourage anyone who wants to make alot of money in the short term to buy twog right now... right after this transaction takes place and twog shares turn into ilgy and you make a huge gain off that, i think ilgy's gonna suck up the float when twog sellers sell ilgy and will be profitable too. buying twog at anyting below .025 is a bargain"
im in this for a few hundred thousand shares and well below .025 and all i can say is with all the uncertainty around this deal, i dont see how you can be that certain everythings going to workout to your advantage....
Posted by stickfigurefred on :
TWOG owners cannot sell ILGY for at least a year, the new shares are restricted, read the PR and OTCBB.
Posted by dmort on :
We will get an ILGY dividend consisting of restricted stock. TWOG at some point morph into some other business and do a name change by the end of the month [just a guess].
Posted by adwald on :
I have been reading the PR and see nothing to indicate the shares are restricted. Please indicate where you are getting this from.
Posted by Robbie English on :
All I get from this is we get a divy of 1 for 10. also in order to get this you have to hold till the X date. After that you should be able to sell TWOG and still get the Divy. Thats how it would normally work, but with these shadow demons there is no guarantee.
Posted by db on :
I never saw the word restricted
Posted by dmort on :
Everyone is expecting that the shares will be resticted. If they arent then that will be very good news.
Posted by CMoney on :
quote:Originally posted by truegolf: TWOG ON OTCBB DAILY LIST TODAY. LOOKS LIKE THE X-DATE IS 04/20/2006, RECORD DATE 04/24/2006 AND PAYMENT DATE 05/01/2006. One restricted share of International Energy Ltd (OTC: ILGY) for every 10 shares held.
There's your "restricted"
Posted by stickfigurefred on :
Yep, they fail to mention the restriction in any of their PR's, which to me is a fog and mirror play. Only the OTCBB official schedule shows this. Don't play what you can't trust.
Posted by gohigh on :
I have some shares of ILGY that used to be BDWH shares. I assume these are unrestricted shares. I don't plan on selling them anytime soon because I got them really cheap.
Posted by amswap on :
If I sell my shares tomorrow I will still get the ILGY shares?
Posted by Robbie English on :
no, have to own it past the x date.. and since this is just a dividend do not see why we could not sell the TWOG shares after that date and still get the ILGY shares.
Posted by JHenry on :
I had to unload most of my shares yesterday and today. I can't afford to have the money tied up for a year. Still holding 200,000 shares though. Will see how it plays through the 19th - I may sell 100,000 more and keep a 100,000 through the divy just to see what happens. I thought maybe they would explain the restriction in more detail - thought it might be like 30 days but everything I am reading per Rule 144 it must be 1 year. Has anyone else tried to call the phone number on the press releases - I tried to call yesterday and got a totally different company, verified the phone number and they had never heard of Transworld Oil and Gas at Transworld Oil & Gas, Ltd. M. Mancini Tel: 281-854-2374 The number was for some consulting firm - they thought I was talking about one of their training classes. I also sent them an email with no response. Just wondering if anyone else has tried to contact them.
Posted by amswap on :
Duh, I was thinking this was the 20th for a moment. I guess I had one of those brainfarts!
Posted by Interesting on :
I had no problem selling my ILGY shares and I am thinking of using the money to get some TWOG. Is there a possibility of ILGY price moving down to match TWOG(X10)?
Posted by amswap on :
I think the odds are better that ILGY will drop than they are that TWOG will go up! Hope I'm wrong though.
Posted by leavenart on :
It seems to me that it matters little what twog does unless you intend to sell, since twog will be worthless after the divy. It is worrisom that there is so little clarification and no one to straighten out all the confusion. Makes one wonder what shady dealings are in the works. My pessimistic self says that twog will not go up much so as to discourage people leaving till after the divy. They can divy anyway they want as long as they don't tell us anything in advance. I am fairly sure they are not a philanthropic organization, and will make the share price to their own advantage. So I hold and wait. If anyone has a realistic opinion that is more encouraging I would like to hear it.
Posted by Robbie English on :
Realistic... This is a scam. no phone number works, all the news is shady, and you have to sell your shares way below the bid to get it sold.... any other thoughts?
Posted by leavenart on :
Thanks Robbie, but that wasn't exactly what I had in mind when I said encouraging.
Posted by Robbie English on :
it is encouraging.. if for some reason we make out like bandits on this one. I think we need more info and some communication with this company. Without that this is all for nothing.
Posted by MoneyMoneyMoney on :
I can't keep holding stock for a year when so much is happening in my life now.
I sold yesterday and the rest today. I received ask prices yesterday and today.
Scam, I don't know but I sure didn't come out smelling like roses from BDWH change to ILGY.
If you use the word scam back it up besides saying they have no phone number. If you tried one there are many others you haven't.
Posted by Robbie English on :
I have tried every phone number listed from every PR from BDWH,ILGY,MGGL, and TWOG none of them work bar two... one is a company that has never heard of these companies and one is an answer machine that has so many messages on it you cannot leave one. There is a scam warning on google. Also, I have reported this stock to SEC for review... I have a lot of money in this too... just not taking a bath on a scam...
Posted by 7 of 9 on :
Theres nothing better than a good scam...
Posted by Robbie English on :
Read a little on here about it. It is too long to post.
Look at the bright side... we will get shares of ILGY and still have our TWOG if someone decides to pick them up eventually we will make money... Shells trade all the time on the PINKS.
Posted by 7 of 9 on :
all pinks are shells
no one i can remember has ever found an office for a pink. prove me wrong.
Posted by Robbie English on :
some are actual companies...but yes the majority are shells.
Posted by football on :
Is it stupid to sell now after this long ride?
Posted by ATL8ball on :
Fugit, Im Out...No names NO Phones...It's JUST TOO MUCH to deal with...
Sold it all at .185
My money and my heart belong to RSHN
Posted by amswap on :
Football - Every person has to make that decision for themselves. Who cares what you do with your money more than you? No one can guess what's going to happen and there is a lot of talk about what a scam company ILGY is. Good luck with your decision and I'll bet there isn't a person on this board who hasn't regretted a decision or 2 they have made with the pennies.
Posted by ATL8ball on :
.0185
I wish it was .185
Posted by llatffej on :
almost at .02
Posted by Robbie English on :
might be a gapper on monday... last few days for people wanting to take a chance on the Divy
Posted by db on :
scam or not price has been going up
Posted by leavenart on :
I just don't believe it's a scam. This company has some value to it and it's energy. Add to that, someone in business bought them for some reason. I'm gonna roll em on this and take my chances. This is not advice because I don't know any more than anyone else. I lost a bundle on tnog and I figure that puts the odds in my favor.
Posted by Mysticobra96 on :
I was going to buy this in the am at .015 until I saw that it just didn't have enough volume to support a $5000 buy in. I do think this stock will run the chart looks crazy good, but I don't think I would have been able to get out w/any extra cash. GLTA hope you all sell by the 19th though Posted by Robbie English on :
well I aint going to fib here... I still have my shares..still just curious I guess... see you all monday.
Posted by cali99boy on :
i got in this last month *0.0185... glad I broke even lol... I waited this long.. lets see what this divy is gonna do with it =D
Posted by 7 of 9 on :
This is the biggest divy on the OTC in a long time.
Discussions about scams or volume are irrellevant.
The divy is baked in and can be found on otcbb.com.
That is not a scam folks, it is in fact, payday.
TWOG will keep running and will spike on Wed.
Who but bagholders would sell now?
Posted by MoneyMoneyMoney on :
I bought 100k X .0075 and got out .014 and .016. Not a bad profit I would say.
Thanks TWOG a bunch and gl to the rest of ya.
Posted by JHenry on :
I picked up most of mine at .008 - had to bail on most of it - I just don't like the thought of my money being locked up for a year and them being able to manipulate it any way they can think of - will hold the remaining 200,000 to see what happens. They could reverse split you into non-existance in that period of time.
Posted by Opethian on :
I too sold all shares for a small profit just above B/E, I'm tired of waiting on this one when there's so many other plays out there. Glad to be out. Good luck to other longs though, I hope it goes to the moon for you!
Posted by JHenry on :
How about GVRP - 3 million to 1 reverse split with all fractional share amounts not to be counted. That was about a year ago - I guess it is all what you are willing to ride into this with as with any situation - my comfort zone is between 100,000 to 200,000 shares at this point.
Posted by 7 of 9 on :
quote:Originally posted by JHenry: How about GVRP - 3 million to 1 reverse split with all fractional share amounts not to be counted. That was about a year ago - I guess it is all what you are willing to ride into this with as with any situation - my comfort zone is between 100,000 to 200,000 shares at this point.
i turned $400 into $12,000 on GVRP
sorry guys !!!!
Posted by JHenry on :
Must be you didn't have Scottrade - Scottrade really stuck in our azz on that one. Prior to the fiasco with GVRP they eliminated all shareholders with the reverse split then they screwed up after that and there was huge payday for some.
Posted by BuyTex on :
GVRP among geekiest of geek plays; the second r/s was never posted by NASDAQ, hence prolly not legal. Company has since split out its "assets" among a coupla different companies...
Posted by 7 of 9 on :
The Story of GLUV
GLUV was originally a pinky scam that sold gloves, in fact. When i bought GLUV it had just changed to the symbol GVRP. My trading partner and I noticed GVRP at the same time. The scan the CEO was plotting was the following: GLUV CEO wanted to start a new pinky scam but first wanted to get rid of all his pesky shareholders, save 1. So he planned to carry out a 1:3M (1 for 3 million) r/s, immediately followed by a 3M:1 f/s. The r/s would leave the CEO holding 10 shares, and someone else holding 1 share. After the immed. f/s the CEO would hold 30M shares, 89% of the total. All shareholders with less than 3M shares were to wiped out. The CEO was then to begin his next scam with this FL based pinky shell. These splits were utterly botched.
We looked at the new stock GVRP and noticed that it was trading at around $1. A quick scan of OTCBB showed clearly that the f/s HAD NOT HAPPENED YET. GVRP was going ex-div on the f/s on the next week, Monday, but it was now only Tuesday. It was my partner who figured out that the CEO had utterly botched the ex-div dates. GVRP had undergone a 1:3M reverse, but the 3M:1 f/s would happen on Monday. GVRP was trading around $1 so we both bot as much as we could. Later, we both decide that the CEO, a low down scammer, had thought that the f/s had occurred, and so was happy when the bid was $1, and him holding 30M shares. That was $30M to him. However, we think that the shares in his account showed 10, not 30M. We think that he directed a scammed up mm to begin selling anyway, at $1. He sold 1000s of shares short. We bot some. GVRP began going up. Later that day, the CEO discovered his screw up and began a series of the most bizarre prs i have ever seen. He quicker said that there was some trading problem, that GVRP was trading when it should not, and the "We Should not trade our shares"!! The next day it was generally understood that the about 1M shares of GVRP trading had the f/s coupon attached and each share would become 3M on Monday. The CEO continued to spew bizarre prs. That week he filed a paper filing in FL increasing the authorized shares to 25 Trillion! Someone immed. got a xerox of the filing and posted it. He continued to insist that we not trade our shares. GRVP kept going up until last hour friday, when it had 2 huge spikes up to $8. I sold about half my shares up there, so i already had a huge profit on a $400 investment. Immediately after the close on friday i had something like 120M shares of GVRP. GVRP had split, right on schedule. Bcs. of the high eod pps, my acct. showed i was worth $975M, an all time high for me. I had no idea what monday would bring. I have ameritrade, but my partner who has TDW did not get his split shares. That weekend I put in a huge number of sell orders at various prices. On monday, the market opened but GVRP was not trading. I was to find out later that I was one of the few that had the massive f/s shares. There was no bid on GVRP, so i changed all my sell orders to
sell 9,999,999 GRVP * 0.0001.
I had 120M shares. I put all of them on the market for sale. About 30min into trading, I sold 80M shares GVRP, for $8k additional profit. Later that day GVRP was halted by request of the CEO. GVRP later reversed again so that I have 11 shares of "MAMD" in my account. They do not trade. I made about $12k from a $400 investment. Ameritrade let me keep all the cash.
Posted by JHenry on :
I sold some on that Friday also for a profit. Had 450M after the forward split and Scottrade locked it up - wouldn't let us trade them - I'm still pissed - got my paper certs for 150 shares of MAMG. will send them to my Vanguard Brokerage sometime.
Posted by wallymac on :
quote:Originally posted by 7 of 9: This is the biggest divy on the OTC in a long time.
Discussions about scams or volume are irrellevant.
The divy is baked in and can be found on otcbb.com.
That is not a scam folks, it is in fact, payday.
TWOG will keep running and will spike on Wed.
Who but bagholders would sell now?
You Bash all day long on other threads. You bash companies that actually have Phone #'s that work. That answer investor emails and generally do what they should.
You must own a whole lotta shares in this one at a much higher price. That could be the only reason you would encourage anyone to buy into this scenario. Vague PR's no mention of restriction until very late in the game. Phone #'s either don't work or you can't talk to anyone. No one answers emails. Gee what is it that makes this such a good play?
Are you really excited about getting restricted shares that you will have to hold for over a year. Remember after a year you have to apply to the company lawyer to get permission to sell your shares ann there is a fee for that letter.
Sorry I sold today after seeing that they don't intend to clear this up at all.
Everyone else. It's up to you. Do your own DD.
GLTA Wally
Posted by stockinthemud on :
Anyone know why the ask would be at $.05 now?
Posted by 7 of 9 on :
quote:Originally posted by stockinthemud: Anyone know why the ask would be at $.05 now?
that means the pps will reach at least .05 next week
Posted by wallymac on :
quote:Originally posted by stockinthemud: Anyone know why the ask would be at $.05 now?
After the market closes the bid and ask mean nothing. Some stocks show 0 others anywhere from .0001 to $10.00.
It has no meaning what so ever. The bid and ask will be back to normal once the market opens on Monday.
Posted by Robbie English on :
Well, we may see a continuation of PPS rise untill the 19th, then again we may not. Good Luck to all.
Posted by llatffej on :
its going up today
Posted by Robbie English on :
.0190 x .02 already... this may be the day
Posted by Trasq on :
not generating the interest you would think it would. Any one have thoughts today?
Posted by 7 of 9 on :
twog is doing great
should slowly drift up until Wed.
only bagholders would sell now
do not sell
Posted by amswap on :
Down now. A lot more sellers out there than buyers. Sorry, I don't see much happening to this until Wednesday, if then.
Posted by Thomas Mick on :
Looks like a freefall now... down to .016x.018
Posted by 7 of 9 on :
all of us on allstocks are sorry that your pinkie stocks dont go straight up.
we will try to find you only good, solid profitable pinkie shells in the future that go straight up after buying.
Posted by amswap on :
Who are you taking a stab at 7? We're only making observations like everyone else on here. If you're referring to me, trust me, I don't use this board to make my decisions.
Posted by db on :
I held on as long as I could sold * .019 this morn, hope things work out for all those that are still in this stock good luck!
Posted by 7 of 9 on :
quote:Originally posted by amswap: Who are you taking a stab at 7? We're only making observations like everyone else on here. If you're referring to me, trust me, I don't use this board to make my decisions.
bash bash bash
are we assume that you prefer stocks without divies?
I can find you nearly 3000 symbols then.
Posted by amswap on :
What is your problem? When and where did I bash? Because I make an observation I am bashing? This stock has dropped. That isn't bashing. It is a FACT. I didn't call this a piece of crap or anything derogatory at all. Maybe you need to learn to read before jumping on people. I'm not even sure why I am wasting my time defending something I didn't even do. This is a stock board. If I had wanted to bash, I have every right to. If you have a problem with that, perhaps you need to find something else to do with your time or are you just looking for someone to attack?
Posted by njs300zx on :
Wow what a drop
Posted by madmoney on :
Wow what a drop
Posted by Robbie English on :
well nice and cheap now... might average down and wait for the afternoon run....NOT!!!
Posted by Trasq on :
Sake it UBSS. Seems they want cheap shares too.
Posted by njs300zx on :
Wow look at ILGY, down 36%
Posted by stickfigurefred on :
What idiot would want a restricted divy of an unknown company that has had no guidance, no news of possible future production, or even an idea of what assets the company is even sitting on. Neither of the these companies can be reached, believe me I've tried. IMHO, don't play, move on to something with a more substantial future like possibly PBLS.
Posted by njs300zx on :
I'm kinda happy I sold some to buy VRDM last week.
Posted by 7 of 9 on :
that wont be the last shake
(both shakes today failed, no one is selling)
Posted by Trasq on :
Almost back, still 3 hours to go (up).
I posted it at 9:19, but it didn't work. So I post it again.
So who is holding and who is selling... the hour is near.
Posted by njs300zx on :
Still holding 300k
Posted by hensley1971 on :
hey robbie,
im holding a few hundred thousand shares... hoping to God i dont get royally screwed
Posted by njs300zx on :
I had a sell order in all day yesterday and never got filed, So I'm just holding and waiting
Posted by amswap on :
With the drop in ILGY prices, the value of TWOG is getting lower. I'll be selling if the price gets above a break even mark.
Posted by Robbie English on :
I honeslty dont think there is anyone buying today.
Posted by MoneyMoneyMoney on :
I have sold Robbie, but I sure hope everyone makes out that decide to play. Good luck to all.
Posted by Robbie English on :
Here is some sarcasim ...ILGY is up today on a whole 100 shares volume.
Posted by Trasq on :
Considering the actual price, I'll stay and see what happens. After all, I prefer ILGY.
Posted by njs300zx on :
any word on what the restrictions are gonna be?
Posted by Robbie English on :
noone is buying, there was not distinction made as to restrictions on the shares or anything for that matter.
Posted by Trasq on :
No idea on the kind of restrictions. Maybe the lack of that information has a purpose (make you sell). Can be a year unable to trade, can be no rights of some kind, can be to pay some fees to be able to trade them. Only they know.
In the meanwhile UBSS, NITE, and SSGI continue with their games to manipulate the price and get all they can.
Posted by Robbie English on :
The date of record is tomorrow? So when is the last day to sell TWOG?
Posted by njs300zx on :
I thought the record date set for the distribution was 4/24/2006 as specified in the PR
Posted by Trasq on :
Last date to sell or last day to buy?
X-DATE IS 04/20/2006, RECORD DATE 04/24/2006 AND PAYMENT DATE 05/01/2006. One restricted share of International Energy Ltd (OTC: ILGY) for every 10 shares held.
------------------------------------------------- Ex-Date (Investopedia) The date on or after which a security is traded without a previously declared dividend or distribution. After the ex-date, a stock is said to trade ex-dividend.
This is the date on which the seller, and not the buyer, of a stock will be entitled to a recently announced dividend. The ex-date is usually two business days before the record date. It is indicated in newspaper listings with an x. -------------------------------------------------
As I understand it, the last day to buy to get the dividend is tomorrow, 19th. The first day to be able to sell without loosing the dividend is the 20th.
Considering the actual price I won't sell.
GLTA
Posted by Robbie English on :
Well, been in it this long guess we will see what happens now.
Posted by llatffej on :
so what do we see for today?
Posted by hensley1971 on :
very disappointing,
basically there is no interest in this, because the company didnt detail the kind of restrictions on the divident. i was hoping to get half out, but it looks like im stuck, not selling at .12 before the dividend... no way. can we sell tomorrow and still get the dividend??
Posted by njs300zx on :
So if we can sell tomorrow and still get the divident, I'm out. At least get some of my money out of here and still make some on the divy hopefully.
Posted by amswap on :
Perhaps later today this thing will start to go up. I simply want to break even if possible and they can have the divy. With no interest in this or ILGY, why keep it. I'm one of those who only wants a stock long enough to make a little something on it and move on. I'm not greedy and never plan to be. I got into pennies as more a hobby than anything. The one thing that really bothers me about both companies is that they won't answer any questions about the specifics of this stock. If they can't answer shareholder questions, I don't care to do business with them. Best of luck to those who are holding. I truly hope you make out on this one.
Posted by Trasq on :
If you sell tomorrow you still get the dividend, but nobody will be interested on buying without the dividend.
This will stay low. Everybody is talking about selling...... Well, at least the MMs read the boards.
Posted by njs300zx on :
what a hunk of junk this has become. I thought we would see a little volume. Wow
Posted by reidler88 on :
i sold my shares last week and lost half of the money i invested,,, friggin sucked,,, but i made half of it back up,, so im almost where i started and being a lot more careful about what stocks i pick for now on,,,
Posted by 7 of 9 on :
TWOG
If you buy before the close today you will get the dividend.
Posted by Trasq on :
At least ILGY is up.
Posted by Trasq on :
Last minute purchasing...... Well, last ten minutes.
Posted by 7 of 9 on :
Almost total bust.
I made $270.
The OTC is a Death Camp.
No one wants restricted, pinky shares. No one.
Posted by Robbie English on :
wasnt it if you held after 1 pm today you were in for the divy?
Posted by llatffej on :
whats the difference between the ex-date and the record date? im kinda confused
Posted by JHenry on :
Poker Anyone? If your holding at this point you have you just "called". We will have to see what hand will be dealt us. This is an interesting one. I still have 200,000 and am betting on an unknown hand. The shares will show up either at the beginning of trading on Friday or more likely at the end of the trading day on Friday. This is a learning experience which I hope pays off. Will have to see when we can trade ILGY shares with these "resticted shares". I hope it is not a year. Another PR would be nice but I don't think we will hear anything for "painful" period time. GLTA who have decided to hold.
Posted by llatffej on :
do we have to hold until the record date? or can we unload the twog tomorrow and still get the divy?
Posted by JHenry on :
quote:Originally posted by llatffej: do we have to hold until the record date? or can we unload the twog tomorrow and still get the divy?
Ex-date or Ex-dividend date– On (or after) this date the security trades without its dividend. If you buy a dividend paying stock one day before the ex-dividend you will still get the dividend, but if you buy on the ex-dividend date, you won't get the dividend. Conversely, if you want to sell a stock and still receive a dividend that has been declared you need to sell on (or after) the ex-dividend day.
Posted by llatffej on :
i was just reading that so there will probably be a million people selling tomorrow
Posted by Trasq on :
Without the dividend the shares will be .0000, but keep them, if in the furure they are used to create something like:
Transworld Bird Flu Transworld Gold Transworld China Transworld Ethanol
they may be worth something someday.
Posted by njs300zx on :
So who's gonna try an get out? Lets see how many people try and sell off. HAHA
Posted by Trasq on :
Starting today, you are supposed to be able to sell without loosing the dividend. I may keep them for a while until I see the IGLYs in my account and see the conditions of the restriction. Also, may need to have them in case of another “Transfer agent error”.
Posted by JHenry on :
Looks like nobody wants to buy. Someone will eventually lowball this with a buy/sell and it will drop to like .001 in one trade - unless they have halted trading on TWOG. I have some sells in all the way down to .01 - no takers.
Posted by JHenry on :
Cool - I just sold.
Posted by JHenry on :
Someone is buying shares - picked up my last batch as soon as I submitted it. Can't understand why someone would be buying - from past experience every stock divy I have played like this one has dropped like a rock after the divy. I don't understand the support on this??? I know it is dropping but this drop is nothing compared to what I have seen in the past. This stock is now currently a shell that has nothing. Any thoughts?
Posted by JHenry on :
Now I wait for ILGY shares to show up in my account. Like I said - they most likely will show up at the end of the trading day on Friday.
Posted by njs300zx on :
woohoo finally out at .011
Posted by hensley1971 on :
hey njs, you did better than me, i lowballed it expecting a free for all... i got out at .097
Posted by JHenry on :
I got 100,000 out at .011 and 100,000 out at .097. I'm happy - sit back and wait for ILGY shares. I don't understand why this is not freefalling.
Posted by hensley1971 on :
i dont understand why people are buying it at all
Posted by Robbie English on :
Well I am out..sold all 200k... I hope to hell we get the Divy of ILGY to offset the loss we had to take on the TWOG stock.
Posted by Trasq on :
Strange. SSGI, UBSS, NITE still controlling and buying everything. Is TWOG keeping any contracts or exploration rights?
Posted by Trasq on :
IGLY with 10 times average volume.
Posted by Trasq on :
Sorry, fast fingers. "ILGY".
Posted by Robbie English on :
This current price on ILGY makes our price per share on the Divy .03 basically what TWOG was before it tanked.
According to the PR back in the beginning this deal was suppose to pay a minimum of .085 per share to TWOG.
Looks like a screw job.
Posted by njs300zx on :
yup I'm out and will see if the shares if LGY show up in my aco****
Posted by amswap on :
With the way ILGY has refused to answer any questions, you had to know it was a con job. ANYTIME a stock company won't answer easy, basic questions, it should be a signal to run from the stock as fast as you can. Why don't we learn??????
Posted by football on :
whats the difference now if I hold the twog shares or I sell them today. can my twog shares still go up in value or do should I sell them because they will be worthless..
Posted by njs300zx on :
I sold out because they will probably be worthless.
Posted by Robbie English on :
take the penny now because tomorrow they go to 0001
Posted by football on :
why are people buying then, do you think they know something that we don't
Posted by Robbie English on :
Most of them dont KNow this stock is, was, and always will be a scam... same as ILGY and MGGL.
Posted by football on :
just sold 200,000 at .011 fu$k it lost about 3,000 but i hope these ilgy shares help us
Posted by football on :
I hope we don't have the dates wrong and were selling too early to get the dividend. thats not possible right
Posted by JHenry on :
These dates have to be right. Based on this - TWOG is DONE! There should be no buying interest whatsoever. There is no divy if you buy today.
Posted by JHenry on :
The Record Date and Payment Date mean Jack Sh*t. The only date that means anything is the Ex-Date and we do get our divy 2 days after the Ex-Date which is Friday - YOU CAN "BANK ON IT"!
Posted by JHenry on :
At this point the company itself can't even stop it from happening even if they wanted to. The divy machine has been set into motion and there is no stopping it.
Posted by JHenry on :
Correction-(I've been thinking this whole day it was Wednesday) The divy will show up on Monday (2 days after the Ex-Date).
Posted by amswap on :
I got out today and I hope I don't regret it. I took the loss and hope that someday the ILGY shares make up for it. Still haven't heard anything about what kind of restriction there is on the divy shares.
Posted by llatffej on :
i did the same amswap
Posted by leavenart on :
Anyone know why this thing is still trading?
Posted by dmort on :
It's a shell. Shell's trade all the time. My guess is that after the 1st of May or possibly next week there will be a pr announcing a name change reflecting its new business venture.
Posted by njs300zx on :
Haha yup. Look at the history of the stock name on pinksheets.com including IGLY.
Posted by Trasq on :
Transworld BirdFlu & Gold
Posted by JHenry on :
Watch for ILGY shares to show up EOD today.
Posted by njs300zx on :
ILGY up 66% on 500 shares
Posted by trader_adam on :
So I will get 1 ILGY for every 4 TWOG?
Posted by njs300zx on :
No, 1 share of ILGY for every 10 of TWOG
Posted by dmort on :
1-10.
Posted by trader_adam on :
Certainly will look nice at .5 a share... I guess where ILGY actually settles, is yet to be determined... Any thoughts?
Posted by njs300zx on :
doesn't really matter because our shares will be restricted. It will only matter what price it is at when the restriction is lifted.
Posted by Robbie English on :
why would the shares show up today. The pay out date is May 1st?
Posted by JHenry on :
Shares show up 2 days after the Ex-Date - which "is" the Pay Date. The Pay Date and Record date are the dates the company lists when it files. Those dates are what the company "wants" for Record Date and Pay Date. It does not mean that that is what they get. When NASD sets the Ex-Date the dates the company "wants" become insignificant. All dates will in effect now be set based on the Ex-Date which was set by the NASD and will now be considered "law". The Pay Date that is listed no longer means anything the true Pay Date is 2 trading days after the Ex-Date set by the NASD which has now become 04-24-06.
Posted by Robbie English on :
Ex Date:
04/20/2006 Record Date:
04/24/2006 Payment Date:
05/01/2006 Dividend Type:
Stock Div. payable in another company Dividend Amount:
+stk Notes:
+One restricted share of International Energy Ltd (OTC: ILGY) for every 10 shares held.
Posted by yelsaeb on :
My 23,200 shares of ilgy appeared in my account on Friday. Look in your gainskeeper not on your account(front) page.
Thats if you are using scottrade.
Posted by captain america on :
sweet.. thanks yelsaeb forgot to look there
Posted by trader_adam on :
I have my ILGY too! Looks good... How long will the shares remain restricted? What has to happen internally before we can trade them again?
Posted by njs300zx on :
Does anybody have TDameritrade? I don't have my shares yet >:
Posted by llatffej on :
i dont have mine either . im using choicetrade
Posted by Brutus2600 on :
I see nothing and I'm on etrade, but it might take them to the end of the day.
Posted by JHenry on :
Gainskeeper lists them based on the Ex-Date (Ex-Date: the rule of law). They should be listed in our accounts at End Of Day. C'mon did anyone have any doubts?
Posted by POOLBOY on :
Where can I find out when you can sell them?
Posted by njs300zx on :
Yup I had my doubts
Posted by JHenry on :
Good question. As the days, months and years go by you can keep trying to put in sell orders.
Posted by JHenry on :
Posted by njs300zx on :
I wanna see my shares.
Posted by JHenry on :
Me too. By NASD rules we are owed our shares now. It would be unfortunate if the company did not know or understand they are owed right now. The DTCC would be expecting those shares to come from the company's transfer agent today. If the company is having issues with that the transfer agent and company could be holding them up. At this point the DTCC is expecting those ILGY divy shares to be released.
Posted by Derrick on :
I have mine. Should I be smiling about having stock I can't sell right now?
Posted by JHenry on :
quote:Originally posted by Derrick: I have mine. Should I be smiling about having stock I can't sell right now?
Who is your broker? Scottrade is not showing them yet (just in Gainskeeper).
Posted by leavenart on :
Anyone try to sell their twog. today?
Posted by Derrick on :
I have Scottrade. I guess we will be able to trade them when they a placed on our main page. Is that correct? Posted by JHenry on :
I am looking through NASD rules and can't find one on payment due on a divy. There is only one time that the payment has gone longer than 2 days after the ex-date that I have seen and that was for the GVRP fiasco which people with Ameritrade got them right away and people with Scottrade had to wait almost a month. Some brokers were issuing GVRP divy shares (without waiting DTCC notice) and some brokers were not (waiting for DTCC notice).
Posted by JHenry on :
quote:Originally posted by Derrick: I have Scottrade. I guess we will be able to trade them when they a placed on our main page. Is that correct?
That's correct - Scottrade will not tell you whether the numbers in Gainskeeper are correct or not if you were to call them up. Gainskeeper is just a tracking tool that they will not acknowledge is correct. I have found that Gainskeeper tells the true story and have never found it to be wrong - Scottrade will not admit that.
Posted by 7 of 9 on :
quote:Originally posted by JHenry: I am looking through NASD rules and can't find one on payment due on a divy. There is only one time that the payment has gone longer than 2 days after the ex-date that I have seen and that was for the GVRP fiasco which people with Ameritrade got them right away and people with Scottrade had to wait almost a month. Some brokers were issuing GVRP divy shares (without waiting DTCC notice) and some brokers were not (waiting for DTCC notice).
i made $12,000 from 400 on GVRP
Posted by JHenry on :
7 of 9: Don't get me started on that again - you suck (just kidding - that was a great play you made, just wish I could have had the same opportunity as you did). Do you have any divy shares of ILGY coming?
Posted by Trasq on :
WOW!
Gainskeeper 126,000 ILGYs * 0.5 = $63,000
Hope to be able to sell them in my lifetime. Higher than 0.5 of course.
Posted by 7 of 9 on :
quote:Originally posted by JHenry: 7 of 9: Don't get me started on that again - you suck (just kidding - that was a great play you made, just wish I could have had the same opportunity as you did). Do you have any divy shares of ILGY coming?
nah, i took my twog profit and moved on.
too many "restricted" shares in my acct. already.
should have sold earlier....
i bought into TWOG at .0062 so there were profits to be made.
Posted by Trasq on :
Where is the oil price, $70?
------------------------------------------------ The Price of Our Addiction
By Jane Bryant Quinn Newsweek April 24, 2006 issue - The U.S. lives in an energy trap. We fell into it gladly, dug it deeper and sit fat and happy, with blinders on. We're fed daily meals of imported oil, from countries we pay in IOUs and think we can push around. But now we're starting to see the costs and risks of our dependency—and I don't only mean gasoline averaging $2.74 a gallon at the pump.
For years to come, we'll be in the hands of some of the most dysfunctional governments in the world. Oil prices will rise and economic growth will slow—not this year, but almost certainly a few years out. We'll be paying in both treasure and blood, as we fight and parley to keep ever-tighter supplies of world oil flowing our way.
What has changed in the world? We're running out of the capacity to produce surpluses of oil. Demand for crude is expected to rise much faster than new supplies. Developing nations, such as China and India, are glugging barrels at astounding rates. Meanwhile, most producer nations can't find enough new oil, or drill out more from their reserves, to replace what we're using up. Production from most of the large, older fields is in irreversible decline. About three years from now, the non-OPEC world will start pumping at slowly diminishing rates, says energy analyst Charles Maxwell of Weeden & Co. Most of the extra barrels needed to feed our economic growth will then have to come from OPEC nations—putting them in the driver's seat. Saudi Arabia is stepping up drilling and development, but the volatile market price suggests that it still won't have much capacity to spare. Within 10 or 15 years, it too may not pump enough to meet increased demand.
That puts the oil-dependent countries in a serious bind. We're all jockeying for control of oilfields, in a vast game that runs the risk of turning mean. China and Japan are running warships near disputed oil and natural-gas deposits in the East China Sea. China is doing deals in Sudan, Venezuela and Iran (our "bad guys"). Russia looks less friendly as we continue to invest in the oil countries around the Caspian Sea—Azerbaijan, Kazakhstan, Turkmenistan.
Nobody really knows how much oil there is. State-run companies don't disclose their true reserves. But clearly there's not enough to cover long supply disruptions, and that puts future economic development at increasing risk. "Terrorists have identified oil as the Achilles' heel of the West," says Gal Luft, head of the Institute for the Analysis of Global Security. The world market is losing maybe 1.5 million barrels a day to political sabotage. In February, the Saudis foiled an attack on one of their major oil installations. Had it succeeded, it could have been an "energy Pearl Harbor," Luft says. No one can foresee how world markets would respond if we attack Iran, but traders are clearly running scared (oil touched $70 a barrel last week).
This throws our Iraq wars into a different light. To an extent that most Americans don't yet understand, the U.S. military has become a "global oil-protection force," says Michael Klare, an expert on natural-resource wars and author of the book "Blood and Oil." President Jimmy Carter declared the free flow of oil from the Persian Gulf to be a vital U.S. interest, enforced at the point of a gun, if necessary. Today, we patrol tanker routes not only in the gulf, but in the Indian Ocean and South China Sea. Troops and advisers help protect pipelines in chaotic countries such as Colombia and the Republic of Georgia. We're planting military bases near oil supplies in Asia and Africa. Gulf War I was billed as a war to save Saudi oilfields from Saddam Hussein. Gulf War II was elevated to a "war against terror." But it's arguably still about oil—the Carter Doctrine reigns. One of the prizes in Iraq was to have been British and American access to its huge and unexploited oil reserves, Klare says.
Posted by JHenry on :
I already made about $2000 on TWOG - the divy is just a bonus now. Thought I might end up breaking even when TWOG should have tanked after the divy, but it didn't.
Posted by 7 of 9 on :
quote:Originally posted by JHenry: I already made about $2000 on TWOG - the divy is just a bonus now. Thought I might end up breaking even when TWOG should have tanked after the divy, but it didn't.
twog didnt tank on ex-div day bcs. it didnt go up the day before. the pop was over buy then.
Posted by Brutus2600 on :
EOD and I definately do not have any shares of ILGY in my etrade account. I sold all my TWOG shares in the PM of the 20th, but that shouldn't matter, eh?
Anyway, I'll be watching for them...if anybody else that has an etrade account gets them let the thread know, I'd be interested to see if I get mine as well.
Posted by deleet on :
im using etrade and still havent seen them show up. Anyone get them on etrade yet?
Posted by hensley1971 on :
im in the same boat as you... my etrade isnt showing it yet
Posted by Trasq on :
If you sold the 20th you should have the dividend. Maybe Etrade will show it on May 1st.
Posted by deleet on :
hmm i sold on the 21st, as soon as the market opened.
Guess it'll appear on May 1st
Posted by Robbie English on :
I have etrade and also do not have my shares
Posted by Robbie English on :
any etraders get their shares yet??
Posted by Brutus2600 on :
I don't have mine today, but let's wait until may 1st...it may take a few days.
Derrick got his even though it's Scottrade, so I'm expecting them to come through, just a matter of when.
Posted by JHenry on :
Shares should be here by now. I've played a lot of divy's and this is very unusual. They maybe holding off for the May 1st (their Pay Date) but I have never seen that happen before. 99% of all divy's I've played the shares would have been here by yesterday.
Posted by Robbie English on :
I spoke to First American they are the company that does the share transfer, and they said all shares have been disburst.
This leads me to believe Etrade is fing about.
Posted by njs300zx on :
I want my shares all ready. Ameriturd and Eturd suck.
Posted by llatffej on :
i dont have mine and im through choicetrade
Posted by Brutus2600 on :
Does it really matter if you get them today or three days from now? They're restricted anyway, so they'll just be sitting there unable to be sold.
Posted by nt on :
what was the record date?
Posted by Robbie English on :
OK, Etrade just told me they will be in the account on May 1st. Based on the shares held on the 20th. So there you have it...
Posted by deleet on :
quote:Originally posted by Robbie English: OK, Etrade just told me they will be in the account on May 1st. Based on the shares held on the 20th. So there you have it...
woo hoo
Posted by banger on :
When can you sell the ilgy shares ?
Posted by Robbie English on :
this remains to be known
Posted by Brutus2600 on :
I don't have any notification of this...where did you see it and when (if) did you sell your shares of TWOG?
Posted by Robbie English on :
quote:Originally posted by Brutus2600: I don't have any notification of this...where did you see it and when (if) did you sell your shares of TWOG?
If you sold on or after the 20th of April you get the divy. This has been confirmed by people already receiving it. Etrade confirmed with me on the telephone based on the number of shares I held on the 20th how many shares I would receive May 1st.
Posted by Brutus2600 on :
Oh, so you called them, I thought they had sent out an email or something. Well I'll just wait then, like I said before, not like there's any rush to get the shares, hah
Posted by njs300zx on :
Anyone else get their shares?
Posted by debaser52 on :
Yes, Scottrade had them posted last week. Can't trade them though, Scottrade won't tell me why, just refer me to the company.
Posted by trader_adam on :
I guess I'm stll confused about happened... I still have my TWOG shares and ILGY shares (these only appear in gainskeeper) why don't the appear in my positions??? What happeneds to the TWOG shares now?
Posted by Average Joe on :
I have TD Ameritrade. My shares of ILGY only show in my gain/loss page in unrealized positions. Guess they stay there until they come off the restricted list. Anyone know how long they stay restricted ?? TWOG still trading over a million shares. Anyone sell lately ??
Posted by debaser52 on :
I sold my TWOG at 12 last week Friday , the same day I got my ILGY. Like I said, Scottrade won't tell me what the restrictions are and ILGY/TWOG haven't gotten back to me. I'm guessing these will be utterly useless, the companies won't have filed the paperwork with SEC or something when it comes to them being unrestricted, who knows. Write to your broker and ask them if they know what the deal is.
Posted by FlipMe on :
Fidelity hasn't posted them yet either.
Posted by njs300zx on :
quote:Originally posted by Average Joe: I have TD Ameritrade. My shares of ILGY only show in my gain/loss page in unrealized positions. Guess they stay there until they come off the restricted list. Anyone know how long they stay restricted ?? TWOG still trading over a million shares. Anyone sell lately ??
What page is that in TD Ameritrade. I have them also and can't find that page or my shares lol
Posted by Average Joe on :
quote:Originally posted by njs300zx:
quote:Originally posted by Average Joe: I have TD Ameritrade. My shares of ILGY only show in my gain/loss page in unrealized positions. Guess they stay there until they come off the restricted list. Anyone know how long they stay restricted ?? TWOG still trading over a million shares. Anyone sell lately ??
What page is that in TD Ameritrade. I have them also and can't find that page or my shares lol
Go to " PORTFOLIO ". Click on " GAIN / LOSS TRACKING ". Divy should be listed as BDW Holdings and the # of shares that you now hold. LOL !!!!
Posted by njs300zx on :
Damit I don't have that.
Posted by Average Joe on :
Try calling Ameritrade. See if they know why.
Posted by njs300zx on :
TDameritrade is putting the shares in our accounts monday or tuesday. They have no idea what the restrictions are either. Haha. Lets hope it doesn't go to zero before we can sell.
Posted by hensley1971 on :
anyone with etrade get their shares yet?
Posted by deleet on :
quote:Originally posted by hensley1971: anyone with etrade get their shares yet?
i haven't either. what gives? what the $#?& do i have to do to get etrade to show them?
Posted by njs300zx on :
Call up your broker. The pay date is today so they will show probably tonight or tommorrow morning.
Posted by Brutus2600 on :
I'm waiting until the EOD today and if they're not in my account I'm calling Etrade to see what's up.
Just saying if they had previously said May 1st, they probably meant by the end of the day.
Posted by JHenry on :
I spoke to my Vanguard Brokerage and they told me they should be in my account tomorrow. He told me to call him back tomorrow if they are not and he will go back through and track them down for me. Will give it until 5:00pm tomorrow before I call him back and post results if we do not have them in our accounts by then.
Posted by trader_adam on :
So the ILGY shares are supposed to become a part of our active positions? Any word on when they can be sold yet?
Posted by llatffej on :
still dont have mine. by the way i trade through choicetrade
Posted by Trasq on :
Gain/Loss tracking in Ameritrade shows them.
Today, I found the following in Account positions:
"N/A 126000 -- -- -- 0.00 -- -- -- --"
Kind of IGLY's shadow.
Posted by banger on :
Hi,
I still can't see my ILGY shares ? I use etrade.
Thanks.
Posted by Average Joe on :
Have Ameritrade:
Showed up in my portfolio as N/A .. 20,000 ..0.00 Also in my gain/loss page as BDW Hodings ..2,000 shares. Ameritrade told me to call ILGY to see when they come off restricted list.
Posted by Robbie English on :
Etrade says that they should be in our accounts in the next few days. Sounds very fishy to me!!
Posted by njs300zx on :
Up 44%?????? Why is thi damn thiing still tradin like this.
Posted by njs300zx on :
66%?????????
Posted by njs300zx on :
anybody still holding this stock?
Posted by Derrick on :
I still have it.
Posted by JHenry on :
I just got off the phone with Vanguard. He put me on hold for about 5 minutes while he checked with the Trade Desk. Based on my sale of the stock on 4/20 they said I am entitled to the dividend. They told me to wait 2 to 3 days for the transaction to go through and they should show up in my account. That's all they could tell me at this point.
Posted by hensley1971 on :
hi guys,
im with etrade, and i looked this morning, i have my shares... with a zero value, but.... at least i have them.
Posted by Robbie English on :
I got mine today as well on Etrade.. Just want to know all the restrictions???
Posted by hensley1971 on :
really.... im expecting a year. im hoping its not more than that...
Posted by Derrick on :
My stocks are now on thhe main page of my scottrade account. They have zero value but atleast they are on the main page of my portfolio.
Posted by SuperSniper00 on :
I have etrade and they showed up but no symbol or value.
Posted by deleet on :
same here. instead of a symbol its some long number. did everyone else with etrade get this?
Posted by amswap on :
I have Scottrade and they have shown up in my account as NONE with a .00 price, but they are there and after what I went through to get them, I'm glad to seee it. They originally told me that the record date was 4-24 and since I sold them on 4-20 I would not get any. I sent them all the info I had and they corrected the error. WHEW!!! Now I have 250000 shares of a stock I can't do anything with, but hey, I have 'em.
Posted by mkendra on :
From **********: Naked shorting..."With an undisclosed short position, there is a failure to deliver in shares of ILGY."
Are we getting scammed???!!!
Posted by JHenry on :
Shares are showing up without a symbol in my Scottrade and Vanguard accounts - a very good sign at least. I know from past experience that Scottrade will not show them unless they have been absolutely confirmed by Scottrade Corporate.
Posted by JHenry on :
Not so good - I spoke to Scottrade, they said that the symbol/price will not show up until the restriction per the company has been lifted. He said that the restriction will most commonly be 1 year but they can extend it if they want to when the one year comes up due. On the plus side he said that once the restriction is lifted Scottrade will give it the symbol/price and it will be able to be freely traded. I think the best thing to do at this point is to "forget about it" otherwise it's going to be a long 1 year.
Posted by mkendra on :
I emailed First American Stock Transfer, Inc. 706 East Bell Road, Suite 202 Phoenix, AZ 85022 Phone: (602)485-1346 Fax: (602)788-0423
This is the reply I got (just to add to the confusion): It did take place through Selcet American Stock Transfer. Your brokerage firm probably hasn't submitted for your shares yet
Salli A. Marinov
Posted by mkendra on :
I just dumped TWOG at market price. My gut tells me something isn't right. We'll see.....
Posted by JHenry on :
Symbol______Description_______________Acct Type Qty____Price__Market Value____Today's Change(s)*$
None__INTERNATIONAL ENERGY LTD COM RSTD___Cash 10000__N/A_______0.00___________0.00(0%)
And it looks like that's the way it will stay until the restiction is lifted. I would have like to have seen the $'s show up in my account value.
Posted by deleet on :
quote:Originally posted by JHenry: Symbol______Description_______________Acct Type Qty____Price__Market Value____Today's Change(s)*$
None__INTERNATIONAL ENERGY LTD COM RSTD___Cash 10000__N/A_______0.00___________0.00(0%)
And it looks like that's the way it will stay until the restiction is lifted. I would have like to have seen the $'s show up in my account value.
lol same here. i wish the value would show up. At least then i'd be able to borrow even more.
Posted by mkendra on :
Got my ILGY shares yesterday - no value. Time to move on.
Posted by njs300zx on :
Yup. I got 16k shares but my account shows no symbol or value. $12,000 of a stock I can't sell.
Posted by banger on :
ILGY up over 53 % to 0.75
Posted by football on :
ilgy up .26 today currently at .75 good sign for a dividend only if we can sell
Posted by njs300zx on :
haha yup. I wanna sell now damit
Posted by football on :
yeah, 20,300 x .75 = 15225 that will be nice!!!
Posted by njs300zx on :
yeah I'm at 16,000 x .75 = $12k
I've tried calling their corporate offices to see about the restriction but get the damn voice mail
Posted by njs300zx on :
quote:Originally posted by football: yeah, 20,300 x .75 = 15225 that will be nice!!!
Bellport, NY, I'm on LI too.
Posted by football on :
Yeah its always like that. hopefully it is sometime soon but i doubt it.
Posted by njs300zx on :
This is what comes up for their address listed on pinksheets.com
The Ups Store 23 Alafaya Woods Blvd Oviedo, FL 32765-6233 (407) 366-0042
Posted by Thomas Mick on :
IMO it would have been nice had they mentioned these restrinctions at the time of their PR's! Considering the amount of money being played with here, I imagine there are a lot of ticked off investors.
Posted by mkendra on :
only 200 shares of ILGY traded today. They should change the symbol to UGLY. Anyone try to phone them?
Posted by mkendra on :
if you go to pinksheets dot com and look up TWOG, you will see that the 1 for 10 split was, indeed, for restricted shares of ILGY. When that info was posted, I don't know, but if I knew beforehand I would have stayed away. I don't like my money being used interest free!! ILGY doesn't answer or return phone calls. A new meaning to the term "Bull Market".
Mike out. Good Luck to all!
Posted by njs300zx on :
well I got my money out of TWOG with a profit, so these dumb shares of ILGY are free shares.
Posted by mkendra on :
Rule 144
Securities and Exchange Commission rule that sets the conditions under which restricted, unregistered and control securities can be sold. These are the five conditions that must be met for these securities to be sold:
1. The prescribed holding period must be met. 2. There is an 'adequate' amount of current information available to the public regarding the historical performance of the security. 3. The amount to be sold is less than 1% of the shares outstanding and accounts for less than 1% of the average of the previous four weeks' trading volume. 4. All of the normal trading conditions that apply to any trade have been met. 5. If wishing to sell more than 500 shares or an amount worth more than $10,000, the seller must file a form with the SEC before the sale.
Brokers may sell restricted, unregistered and control securities, but on an 'agency' basis only. They may sell them, but can't solicit a buy order. If the seller is not associated with the company that issued the shares and has owned the securities for more than two years, the seller does not need to meet any of the five conditions and can sell the securities as they would any other.
Looks like 2 years.
Posted by trader_adam on :
Can someone tell me why TWOG is still trading? I still have my shares...
Posted by globewatcher on :
To all concerned...
I just received a VERY quick response to an e-mail I sent, requesting more details about the restrictions on ILGY shares.
However, the response (within an hour) came from Robert Needham with the return-address of: alaskaoil*mail.com (NOTE: in case that address appears on this post with an asterisk in the middle -- which it does when I "preview" it -- be advised that the asterisk should actually be the "at" symbol...)
He said: "The shares are restricted for one year, and your brokerage firm then simply files paperwork to facilitate any sale. Shares had to be restricted, to meet SEC rules."
And he also added -- no surprise -- "We are of the opinion that ILGY should be a superb return."
I don't know for sure if that part about the shares HAVING to be restricted (to meet SEC rules) is literally true, but at least this response does clarify the restriction-period -- which is more than I'd been able to find out elsewhere...
Posted by Trasq on :
Thanks for the information Globe.
At least there was a response. There are many kinds of restrictions. I don't believe there is a SEC rule to restrict them for a year, but resticting them for a year sounds standard.
Those are free shares for me, lets hope they do something interesting at ILGY the next 11.75 months.
GLTA
Posted by Dagger Depot on :
What is to happen with TWOG? Is everyone giving up on it or does it still have a chance?
Posted by naps9600 on :
Why is TWOG still being traded? 4Million shares today, which is small change ~$32K.
Posted by Dagger Depot on :
quote:Originally posted by naps9600: Why is TWOG still being traded? 4Million shares today, which is small change ~$32K.
Is TWOG not going to be traded anymore?
If not, what will happen to the peeps' shares who have been buying this?
Posted by wallymac on :
TWOG is now a shell. The stock will continue to trade. Until they find someone who wants to da a reverse merger there will be no business. There are many shells that trade on the Pink sheets.
Posted by Dagger Depot on :
No chance in it going up though huh?
Posted by mkendra on :
There's better stocks out there
Posted by njs300zx on :
ILGY down 58% on 200 shares woohooo
Posted by PCola77 on :
1:1000 R/S effective tomorrow if anyone's still in this.
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thanks for the heads up!
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and what ever is left can ride...
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