Looking good friday and this morning. News out this morning, expanding existing oil production on track.
NEW YORK, NY--(MARKET WIRE)--Jan 28, 2008 -- Sigma Global Corporation (Other OTC:SGGC.PK - News), an emerging oil and gas Company, is pleased to announce that it is nearing the completion of all the tasks required to significantly increase existing oil production. Drilling was completed in late 2007 on multiple sites. The connection of plumbing and power from these new drill sites to the storage system has also been recently completed. The company has all equipment and services onsite to complete the final actions required to start oil production on these new wells once winter weather conditions permit.
Posted by JimSC on :
SGGC: 0.0053; float - 46 M shares; a great oil/gas play; news of increased production today; great chart.
Posted by sunny on :
pulling back now.
Posted by JimSC on :
The MMs are loading at this level. One member at Ihub reported that he wanted to buy 100K at 0.006, but could not get filled while many trades went thru at 0.0045. So the MMs are getting shares at 0.0045, but will not sell at 0.006.
Huge volume today. Watch it. 0.004 200000 OTO 15:59:59 0.006 1000 OTO 15:59:57 0.0055 199000 OTO 15:59:57 0.004 500000 OTO 15:59:43 0.006 1000 OTO 15:59:41 0.0055 1000 OTO 15:59:41 0.0055 20000 OTO 15:59:40 0.006 20000 OTO 15:59:40 0.0041 100000 OTO 15:59:38 0.0055 173892 OTO 15:59:30 0.0041 173892 OTO 15:59:30 0.005 50000 OTO 15:59:29 0.0053 35000 OTO 15:59:28 0.006 1000 OTO 15:59:18 0.005 1000 OTO 15:59:18 0.005 1000 OTO 15:59:10 0.006 1000 OTO 15:59:09 0.005 10000 OTO 15:59:03 0.006 10000 OTO 15:59:03 0.0055 180000 OTO 15:58:55 0.0055 83108 OTO 15:58:54
Posted by sunny on :
I bought some at 005 today. The eod activity was fierce! Crazy trading right before closing bell. I figured something was up with this one.
Good luck.
Posted by JimSC on :
0.0045
PR campaign expected soon.
Posted by JimSC on :
0.004
NEWS! Sigma Global Corp. Continues Restructuring Tuesday January 29, 1:15 pm ET
NEW YORK, NY--(MARKET WIRE)--Jan 29, 2008 -- Sigma Global Corporation (Other OTC:SGGC.PK - News), an emerging oil and gas company, is pleased to announce that it is continuing to structure the company for activity moving forward. The Board of Directors has approved the reduction of authorized shares of the company and to rename the company to PRADERA ENERGY CORP. Management will be working with legal council to complete these tasks on a timely basis and we will update our stakeholders on our progress. ADVERTISEMENT
Posted by JimSC on :
0.0035 -- big take down for a run.
A merger deal may be announced soon.
***** Old news may come true: merger deal completion soon.
Posted by: stockprofit2023 In reply to: surfkast who wrote msg# 7650 Date:1/29/2008 3:16:39 PM Post #of 7660
Jan 11, 2008 -- Sigma Global Corporation, a Delaware corporation (Other OTC:SGGC.PK - News), is pleased to announce that management has completed corporate actions required to integrate the new company as a fully owned operating company of Sigma Global.
"The completion of this activity is the first step in advancing the company forward and management does not plan on any reverse split of its common stock following this activity. We are pleased to continue to keep our shareholders updated and will provide further details on future updates," reports President Tom Jaburek.
-------------------------------------------------------------------------------- ~~ You gotta spank that ask ~~
Posted by JimSC on :
Posted by: 669 In reply to: Stevenvegas who wrote msg# 7632 Date:1/29/2008 2:51:46 PM Post #of 7672
-- hire an Investor Relations firm within the next week to enhance communication with or stakeholders
-- Finalize reverse merger in short order.
-- enhance our standing with pinksheet.com by filing all appropriate documentation as soon as possible.
-- For the current year, we plan to accelerate development of our current production levels and production capabilities. We plan to drill several additional wells and expect to increase average daily production in each quarter of fiscal 2008.We will also significantly extend our gathering system, increase our lease position, and continue to seek strategic acquisitions. We believe these initiatives, as well as the groundwork we laid in 2007 will position us to have a significant role in the booming Oil and Gas market.
-- Improve transparency for investors with a target to move to more senior exchanges as market and financial positions suggest. Sigma will work toward completing the necessary documentation to meet the requirement of these exchanges.
-- structure each operating subsidiary so that they can initiate an initial public offering and finally distributed to SGGC shareholders in the form of a stock dividend.
Posted by sunny on :
Thanks for info. Looks good JimSC. Posted by JimSC on :
It has the same pattern as RVGD.
Posted by JimSC on :
SGGC will follow RVGD soon.
Watch it.
*** Time & Sales Price Size Exch Time 0.0037 174000 OTO 11:54:12 0.0037 70000 OTO 11:54:10 0.0037 400000 OTO 11:53:17 0.0035 50000 OTO 11:50:52 0.0037 50000 OTO 11:50:52 0.0037 250000 OTO 11:50:35 0.0035 250000 OTO 11:50:35 0.0037 126000 OTO 11:50:34 0.0035 126000 OTO 11:50:34 0.0037 100000 OTO 11:50:01 0.0037 14000 OTO 11:48:44 0.0035 90000 OTO 11:45:42 0.0035 10000 OTO 11:45:
Posted by stocktrader22 on :
interesting...company changing name and symbol etc...prob a PR run soon IMO
Posted by JimSC on :
quote:Originally posted by stocktrader22: interesting...company changing name and symbol etc...prob a PR run soon IMO
This is a great gamble. Many PRs expected in the next few days. Go for 3X or more, not 3%. Get in now and hold for 6 weeks and you will be a big winner. Watch it. The LOD was 0.0028, now 0.0037. HOD will be above 0.0045. Check the chart of RVGD and you will love it.
Posted by stocktrader22 on :
Jim..this has bottomed out a lot im ready to take a $1k gamble..just waiting to see if this is the actual bottom
Posted by JimSC on :
It hit the bottom 2 weeks ago. Now the trend is up:
looks like it needs to bottom more
Posted by sunny on :
thinking that MMs are messing around. I would definitely radar this one.
Posted by stocktrader22 on :
this should be big when MM's want to take it and PR's from the business roll in...still prob diluting though
Posted by JimSC on :
0.004 - up 20%.
Waiting for the merger news.
Time & Sales Price Size Exch Time 0.004 5000 OTO 11:22:35 0.0037 40000 OTO 10:43:01 0.004 40000 OTO 10:43:01 0.004 10000 OTO 10:21:32 0.0037 10000 OTO 10:21:32 0.0037 94000 OTO 10:16:23 0.0036 147000 OTO 10:16:21 0.0036 10000 OTO 10:16:13 0.0037 1000000 OTO 10:15:43 0.0035 232000 OTO 10:15:16 0.0033 117000 OTO 10:15:14 0.0037 100000 OTO
Posted by sunny on :
Just checked on this... Awesome pps. Come on merger!
Posted by JimSC on :
Due to low float, the spread is big. The MMs will keep it low for a couple of days. They need more shares for a run. Check the chart of RVGD.
Posted by stocktrader22 on :
yup just waiting for the big run, this F'n dilution needs to stop first
Posted by sunny on :
mm's bringing it up. Posted by FurrySound on :
RVGD did great off the bottom and looks to continue as things continue coming together. Been trading it and putting profits into SGGC.
SGGC on the table has : new website in the works, merger completion, authorized share reduction, no r/s, new IR firm (same as RVGD *hint* *hint*), has oil gushing out of one of their most recent wells they are working on, see www.sigmaglobaloil.com for pictures, name change, cusip change coming as well.
65M float per IR trading at .004 ?? Huge potential for major profits.
Posted by JimSC on :
From Ihub: *** Posted by: surfkast In reply to: makinggreen123 who wrote msg# 8901 Date:2/8/2008 12:37:15 AM Post #of 8907
We should know something by next week. Friday the latest. But we probably will hear sooner with the crew going out ther. Can gag a T/A but not them
Posted by rustyj on :
Getting alittle action now .0035
Posted by JimSC on :
Been gone most of day. Just checked on this...looking good.
Thanks for the link JimSC!
Posted by JimSC on :
Posted by: WANG In reply to: None Date:2/12/2008 2:02:12 PM Post #of 9282
SOURCE: Sigma Global Corporation
Feb 12, 2008 14:00 ET Sigma Global Corp. Completes Well 1A and Begins Production NEW YORK, NY--(Marketwire - February 12, 2008) - Sigma Global Corporation (PINKSHEETS: SGGC), an emerging oil and gas Company, has announced that it has completed all work on Well 1A. The new well had solid flow and is the first new producing well to come online for the Company. The Company is also looking to complete Well 2A which was previously drilled. This second well is expected to be producing within the next two weeks. Once both wells are online the Company will make preparations to drill two new additional wells on the property.
Brian Conrad, Sigma Global's CEO, stated, "This is a very exciting moment as we have just brought our first new well online. We took advantage of the break in weather to get Well 1A up as soon as we could. We are hoping to get the second well online by next week and shortly after we should have some data to project production rates. I expect these two wells to strengthen our bottom line significantly."
The Company would like to further announce that the company attorneys are continuing the process of restructuring which includes reducing the authorized shares, changing the name of the Company to Pradera Energy Corp and obtaining a new CUSIP number.
Sigma Global is an emerging oil and gas company whose core business is to evaluate profitable oil and gas lease options, build a solid foundation of assets through acquisition of land and leases, and explore and develop opportunities on these prolific properties.
Safe Harbor: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Sigma Global Corp. to be materially different from the statements made herein. Sigma assumes no obligation to update the information contained in this press release.
Click here to see all recent news from this company
--------------------------------------------------------------------------------
Posted by JimSC on :
We got one well this week, another next week. Pretty soon we will be talking about how many barrels of oil per day from these wells. Also the merger deal will be dones soon. SGGC will run hard. Watch it.
Posted by sunny on :
I see SGGC is getting some love this morning.
Posted by The Green Demon on :
looking good waiting until it closes above the 20 day
Posted by JimSC on :
SGGC: Just got oil!
0.0035 - float: 65 M shares; merger deal soon; will change symbol and cuisp soon
Waiting for the production report next week.
Posted by JJMoneyman on :
quote:Originally posted by JimSC: SGGC: Just got oil!
0.0035 - float: 65 M shares; merger deal soon; will change symbol and cuisp soon
Waiting for the production report next week.
Were you able to confirm this?
Posted by JimSC on :
Hi, JJM. Please go to Ihub and read all the exciting msgs. Some memebers went for a field trip and posted pictures of the wells.
quote:Originally posted by JimSC: Pictures of new wells:
those are the same pics as posted before right?
Posted by sunny on :
Company should put out a press release. I don't know about you, but striking oil is significant...lol Come on press guy--release the news officially.
Posted by JJMoneyman on :
quote:Originally posted by JimSC: Hi, JJM. Please go to Ihub and read all the exciting msgs. Some memebers went for a field trip and posted pictures of the wells.
quote:Originally posted by JimSC: Pictures of new wells:
I'm hoping tomorrow is just as good.
Posted by JimSC on :
0.0055 - up 19%.
*****
Posted by: seesaw103 In reply to: stevo51 who wrote msg# 9941 Date:2/15/2008 10:11:11 AM Post #of 9950
Lot of good things to look forward to:
- Cash flow positive by 2Q - Dividends- -New CUSIP/ transparent share structure - Oil oil oil (need I say more?) - Hard working legit CEO who hates the current share px
Posted by Andreas on :
When did you get in, JimSC?
Posted by JJMoneyman on :
Go baby go!
Posted by sunny on :
Woot!!! I wanna see a penny. This thing was 03 not too long ago.
Posted by sunny on :
I bought at 005, and then bought more during the retrace...I'm averaged in nicely.
Posted by rustyj on :
I bought at .0031 and .0044 Would love to see the .03 again
Posted by sunny on :
Me, too. I really WANT that penny though... Posted by JJMoneyman on :
I wanna see a dollar - but as I always seem to do I would sell too soon lol.
Posted by sunny on :
.006 now.
Posted by sunny on :
closing strong...yeah!!!
Posted by GlassCrasher on :
Nice Volume!! Looking for a nickel with this one
Posted by JJMoneyman on :
quote:Originally posted by GlassCrasher: Nice Volume!! Looking for a nickel with this one
I think I'd pee myself if this ran to a nickel.
Posted by JimSC on :
Rule 144, effective Feb. 15th, 2008, may be very good for SGGC,since it has high percentage of restricted shares. They can not dump it anymore. **** Rule 144 "Safe Harbor"
Rule 144 provides a fairly clear way to sell restricted stock in the public market without running afoul of the law. It offers "safe harbor" protection to sellers who follow the five main requirements. Essentially, these are: 1. Holding period. You must own restricted stock for at least one year before you can begin to sell it in the market. The clock starts running when the stock is fully paid for. 2. Current information. The issuing company must provide adequate current financial information. If it reports to the SEC, it must be current with required periodic reports for example, its 10-K or 10-Q. If it is not a reporting company, similar information needs to be publicly available. 3. Volume limits. Only a limited number of shares may be sold during any three-month period. You can sell the larger amount of either: 1% of the total outstanding shares of the class being sold or the average reported weekly trading volume for the last four weeks, if the class is listed on a stock exchange or Nasdaq. (Stocks quoted on the OTC Bulletin Board and Pink Sheets use only the 1% measure.) 4. Ordinary brokerage transactions. Sales must be handled as routine trading transactions with a broker or a market maker. And you'll need to sign a Seller's Letter to the broker confirming that the sale complies with Rule 144. 5. SEC filing. When you place your sell order, you must notify the SEC by sending in a completed Form 144. If the sale doesn't take place within three months, you have to file an amended Form 144. No filing is required if your sales for any three-month period total less than 500 shares or $10,000.
Legend Must Come Off
Even if you've satisfied Rule 144, you still can't resell restricted stock into the public market until you get the restrictive legend removed from the certificate. And only the stock transfer agent can do that. The transfer agent is usually a specialized outside firm appointed by a company to maintain stock records. It issues and cancels certificates; deals with problems like lost, stolen or destroyed certificates; removes outdated legends; and handles other such chores. But the transfer agent's authority is limited. It can't erase a restrictive legend until the issuer of the stock says it's OK to do so. Issuers usually require an attorney's opinion letter before they give the green light for this. The letter is often written by issuer's counsel, but the seller frequently must pay for it.
Removal Takes Time
Because of the paperwork required, the number of parties involved, and the logistics entailed, it takes some time to have the legend removed. The period varies. It usually depends largely on the transfer agent, the issuing company and the attorney who reviews the matter and writes the opinion letter. We find the entire process often takes three to four weeks, and sometimes significantly longer.
Restrictions End in 2 Years
Rule 144 restrictions end after you've owned the restricted stock for two years provided that you haven't been an affiliate for at least three months. After the two-year point, you may sell the stock in the public market without further concern for the rule, although you still must have the legend removed first. You can put Rule 144 in a nutshell this way: Year 1 = no selling Year 2 = limited selling under Rule 144 restrictions Year 3 = sell freely [Ed. note: Although control stock is outside the scope of this article, note an important point here. If you're a company affiliate, your stock is always considered control stock and is always subject to most of the Rule 144 restrictions. That's true no matter how you acquired it, or how much time has passed even if it's registered stock that you bought in the public market.]
General Steps In 144 Sales
With all these extra legal requirements, a sale of restricted stock under Rule 144 is more involved than an ordinary sale. When you sell restricted stock, a broker familiar with 144 requirements can help guide you through the steps of the process. The drill usually goes something like this:
First, the broker confirms that the stock is in fact restricted by reviewing information you supply and then contacting the transfer agent or issuing company, if required; He or she helps you complete and submit SEC Form 144, as well as the Seller's Letter; They help determine your volume limitations; They help obtain legal and other needed approvals to have the legend removed; They follow up on questions, monitor the progress of each step, and honcho the process until the new "cleaned up" certificate comes in; and, finally, they execute the trade for you. In summary, restricted stock differs in substantial ways from free trading stock. Sales of restricted shares are carefully regulated, involve extra steps, and take much more time than normal transactions. On the other hand, the stock may be attractively discounted to compensate for these limitations. It will pay you to keep these factors in mind whenever you consider buying or selling restricted securities. Editor's Note: The authors Ron Nicklas is president of Pennaluna & Company, a NASD broker-dealer and market maker with its main office in Coeur d'Alene, Idaho, and clients in a number of states. Tom Wobker is a principal with the firm. Founded in 1926, Pennaluna trades stocks on all U.S. and Canadian exchanges, Nasdaq, OTCBB and Pink Sheets. Phone 800-535-5329 or visit www.pennaluna.com. The firm offers online 0discount trading at www.penntrade.com. Posted by sunny on :
Good information Jim. Still waiting on merger news--love the close Friday. Hoping tomorrow brings continued movement upward! Feeling pretty good about this one.
Posted by JimSC on :
Can't wait to see what this week brings!
Posted by JJMoneyman on :
quote:Originally posted by JerZeyDeViL: Can't wait to see what this week brings!
ditto!
Posted by sunny on :
Nice volume this first hour of trading. Still flirting with 006. Come on MMs, move it already! Posted by sunny on :
Posted by sunny on :
butting its head against 006 again.
Posted by JJMoneyman on :
This thing is all over the place today.
Posted by sunny on :
When I watch this, it almost seems as if MMs will drop the pps, scoop up buys and then hold it. Odd...heck I could be completely wrong. Just a bit suspicious. I'm hopeful that the merger news and more oil news will come out. That would be great, especially with the decent volume.
Posted by sunny on :
Posted by koebbe27 on :
Since this didn't jump Tuesday is there any reason to expect more than a continued stall into a drop to 003.
Posted by rustyj on :
nice rebound today. Up and down...manic little stock. Needs meds.... Posted by JimSC on :
More wells and more oil!
50 Barrels a day by the end of 2008.
*****
Posted by: WANG In reply to: None Date:2/20/2008 2:02:29 PM Post #of 10799
Feb 20, 2008 14:00 ET Sigma Global, Corp. Provides Activity Update NEW YORK, NY--(Marketwire - February 20, 2008) - Sigma Global Corporation, (PINKSHEETS: SGGC), an emerging oil and gas company, is pleased to update its shareholders on current operations and initiatives.
Brian Conrad, Sigma Global's CEO, will be traveling to the SE Kansas site next week to oversee the bringing online of well 2A and discuss options on an additional lease near the company's current property. The company will perform its final due diligence on the lease and expects to update shareholders on this potential new addition to the company's portfolio of leases shortly thereafter.
The company would like to further announce that it will begin recompletion of a third well on the Company's current property. The well had previously lost pressure due to a crack or leak in the piping. The Company will begin the workover process shortly after well 2A has been brought online. This will bring a total of three wells online by the end of the first quarter. As previously mentioned, the company plans to begin drilling operations for two new additional wells in the first part of the second quarter.
Brian Conrad, Sigma Global's CEO, stated, "We have been working aggressively to increase our net production to an anticipated 50-60 barrels a day by the fourth quarter. I will also be in Kansas next week to witness our second well come online as well as work to close on an additional lease."
Sigma Global is an emerging oil and gas company whose core business is to evaluate profitable oil and gas lease options, build a solid foundation of assets through acquisition of land and leases, and explore and develop opportunities on these prolific properties.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Contact: Chad Sykes 281-888-5885 Investor Relations Email Contact
Posted by sunny on :
Really good to hear about the wells!
Posted by JJMoneyman on :
50 barrels a day X $90 a barrel X 365 day a year
wow I can do math!
Posted by tmanfromtexas on :
Has anyone tried to find the OS on this one? Just curious? TMAN...
Posted by sunny on :
Yesterday, I saw the price per barrel was $99, and analyst are making predictions of even higher costs per barrel. Still hard to believe oil has become so incredibly expensive! EEK.
JJMoneyman, you are right on the mark. The numbers do look good for this stock.
Posted by JimSC on :
From Ihub: *** Posted by: Micro Man In reply to: seesaw103 who wrote msg# 10882 Date:2/21/2008 9:30:00 AM Post #of 10908
name change and cusip # changing - kick shorty in the nuts, since every share has to present and accounted for. Game over for those freaking corrupt market maker slime bags
Posted by JJMoneyman on :
Well somebody is playing games with this one. I had to just double down so I'm playing along. Now lets kick this thing loose and let it run!
Posted by JJMoneyman on :
Got a big take-down for a run. Just added more at 0.0021 - will be a big game in the next 3 weeks - waiting for merger deal.
Posted by JerZeyDeViL on :
Buys starting to come in at the ask...maybe rebound time
Posted by JimSC on :
Try to get in at this level -- never chase a run.
Posted by Andreas on :
Still waiting to get my buy order filled at .0022
Patience - as usual
Posted by JJMoneyman on :
.004 just hit
Posted by sunny on :
Nice to see...appears that MMs are trying to bring it up now. About time. 004 looks good to me.
Posted by JerZeyDeViL on :
Yuppers...very nice to see the selling dry up. Ready for round 2!
Posted by rustyj on :
"Once restructuring is complete the company anticipates the capital structure to be under 650M shares outstanding with a float under 270M shares."
Posted by sunny on :
Thanks for the newslink Rusty. Now the mm's need to cover their shorts...lol
Posted by sunny on :
volume at eod kicking in.
Posted by JimSC on :
SOURCE: Sigma Global Corporation
Feb 22, 2008 15:30 ET Sigma Global, Corp. Announces Pro Forma Projections NEW YORK, NY--(Marketwire - February 22, 2008) - Sigma Global Corporation (PINKSHEETS: SGGC), an emerging oil and gas company, is pleased to provide shareholders pro forma projections to assist them in evaluating an investment in the Company.
Brian Conrad, Sigma Global's CEO, stated, "In an effort to better serve our investors we have taken the time to put together pro forma projections for the company based on projected oil production. We have a scalable, realistic business plan that will mature through organic growth. I have personally seed funded the company and have a vested interest in its success. The name change to Pradera Energy and the re-structuring should also be completed in short order."
As stated in a previous press release, the company will change its name to Pradera Energy Corp. and will soon obtain a new CUSIP number and trading symbol. The company attorney has filed the required paperwork with the state and we are awaiting the return of these filings to continue this process. Once restructuring is complete the company anticipates the capital structure to be under 650M shares outstanding with a float under 270M shares. These anticipated numbers reflect current and short-term future financings on a fully diluted basis. All past financings are non-toxic and have or will be used to accelerate the repair and drilling of our additional wells. Any additional funding will allow us to secure potential future leases and is included in the above numbers. After the changes have taken place the company will begin the process to file its form 15c211 and move towards becoming fully reporting when revenue dictates.
By the end of this current quarter, the company expects to have 3 working wells. The drilling of 2 additional wells will begin in the next quarter. The company anticipates a net production of 50 to 60 per day by its fiscal year end. The number of production days is expected to be about 340 days per year. Our projections are based on crude oil futures of $90 per barrel and an average cost of production of approximately $20.00 per barrel. Based on anticipated revenue and costs we expect to generate $1.4M net earnings in fiscal 2009 or $0.002 per share. This does not include any income from additional opportunities we plan to acquire.
Brian Conrad further comments, "I am aware of the recent trading activity in our common stock. I will shortly be requesting a new copy of the NOBO list and DTC records to review the reasons for the activity. We will update shareholders on our findings once we have received all required documents."
About Sigma Global, Corp.
Sigma Global is an emerging oil and gas company whose core business is to evaluate profitable oil and gas lease options, build a solid foundation of assets through acquisition of land and leases, and explore and develop opportunities on these prolific properties.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Contact: Chad Sykes 281-888-5885 Investor Relations chad.sykes*numarketsolutions.com Click here to see all recent news from this company
Posted by Federated Records on :
quote:Originally posted by sunny: Yesterday, I saw the price per barrel was $99, and analyst are making predictions of even higher costs per barrel. Still hard to believe oil has become so incredibly expensive! EEK.
JJMoneyman, you are right on the mark. The numbers do look good for this stock.
some the analyst reports that I have read this past week will put oil at 125-130 p/bbl by the summer term, and will the chart of oil as it has been and those dang OPEC nations hoarding all the proceeds, I have a firm belief that it will hit it and go well beyond it.. 4 dollar gasoline nationwide, geez!
Posted by sunny on :
Ameritrade isn't showing me volume on this today...weird.
Posted by Andreas on :
Sunny,
5.2 million shares trades so far today.
Posted by sunny on :
Thank you...All other stocks are showing up correctly. This is only one messing up...grrr.
Appreciate it Andreas.
Posted by JimSC on :
Still waiting for PR about the well No. 2.
Get in at bottom, and never chase a run. **** Posted by: kellerstatistics In reply to: None Date:2/28/2008 12:55:47 PM Post #of 56106
SGGC bottom play. Waiting for o/s reduction, well 2 completion, cusip change, and name change news. It is bound to bounce. Same IR guy as RVGD Chad Sykes
Posted by Andreas on :
Well, Jim-
I hope it happens sooner than later Posted by sunny on :
SGGC trying to move up...even right now.
Posted by Andreas on :
Bouncing up and down between .0021 and .0027
But my sale order for .0026 does not go through (and it's not an all-or-nothing order).
Maybe I should just stay in over the weekend and hope for a bigger bounce Monday.
Posted by JJMoneyman on :
I'll buy them from you at .0016 if that helps.
Posted by JJMoneyman on :
I predict a spike for Monday. Ihub is hopping on this one.
Posted by sunny on :
See volume is almost 11 million and up three ticks. Want to see this one back in the 005's.
Posted by JJMoneyman on :
We need to break 003 then we'll likely see a run. It's a hard number to break right now.
Posted by sunny on :
eod activity. Just hit 003.
Posted by JimSC on :
Go to Ihub and see the pics of well 3A with oil being pumped.
Posted by sunny on :
nice close today. Thanks JimSC. Will do.
Posted by SoAngel on :
Agreed, very nice close today. I have a lot of confidence in this one; been following it for quite awhile now.
Posted by SoAngel on :
Sigma Global Corp. Acquires Additional Producing Lease Tuesday March 4, 10:30 am ET
NEW YORK, NY--(MARKET WIRE)--Mar 4, 2008 -- Sigma Global Corporation, (Other OTC:SGGC.PK - News), an emerging oil and gas company, is pleased to announce it has acquired an additional lease near its current property. ADVERTISEMENT
The terms of the lease included a small cash payment, repair of a current non-producing well and the installation of an additional well before June 30, 2008. The company made the cash payment and took the opportunity last week to complete the repairs to the existing well to bring it back into production. Well T1 will now be added to our growing list of producing wells. Well 2A is currently undergoing "swabbing" operations and is expected to be online later this week.
Brian Conrad, Sigma Global's CEO, stated, "We are happy we were able to acquire an additional lease near our property. The ability for us to acquire this lease so close to existing operations will save the company considerable capital."
The company would like to further announce it has completed the process of filing with the State to effect a name change to Pradera Energy Corp. The stamped filings have been received by the company and a new CUSIP number has been requested.
Brian Conrad, Sigma Global's CEO, further stated, "This is the first major step needed to complete our restructuring. We are looking forward to providing continued updates as we grow our portfolio of oil producing wells."
About Sigma Global Corp.
Sigma Global is an emerging oil and gas company whose core business is to evaluate profitable oil and gas lease options, build a solid foundation of assets through acquisition of land and leases, and explore and develop opportunities on these prolific properties.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Posted by sunny on :
More good information. I like the press releases...sounds like they working hard. More wells, more money for the company.
Posted by tmanfromtexas on :
To bad the price took a hit on that news. Lovely. TMAN...
Posted by JJMoneyman on :
003X0035 now
Posted by sunny on :
mm's playing with it.... 003/0035 now.
Posted by IceCold on :
Added a few at 0.003... Hoping for the best!
Posted by SoAngel on :
Well, I put in a buy to add some at .0023, but not sure if it will fill today or not.
Posted by sunny on :
low volume, and closed up today.
Posted by sunny on :
okay, looks like mm's had an after the bell transaction...they are so in control of this one...ah well. Tomorrow is another day! lol
Posted by SoAngel on :
Just added more at .0021
Posted by Andreas on :
SoAngel,
How long did you have to wait for your buy order at .0021 to be filled?
I have on in as well, and am still waiting for the fill.
Posted by SoAngel on :
It was filled at 11:36am EST.
I placed an order at 9:00am for .0020 and when I saw the bid at .0021, I changed it, that was probably ~10:30am or so ?
Posted by SoAngel on :
This one is suffering.
Posted by SoAngel on :
Pradera Energy Corp. Provides Update
Pradera Energy Corp. (PINKSHEETS: SGGC), an emerging oil and gas company, is pleased to give shareholders an update on the previously mentioned corporate name change.
The company has completed its re-domicile to Florida from Delaware. The company has obtained its new CUSIP number and has submitted documents for the new trading symbol. We have received a follow-up response and are currently processing additional documents required to make the final changes and receive a new ticker symbol.
About Pradera Energy Corp.
Pradera Energy is an emerging oil and gas company whose core business is to evaluate profitable oil and gas lease options, build a solid foundation of assets through acquisition of land and leases, and explore and develop opportunities on these prolific properties.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Contact: Chad Sykes Investor Relations chad.sykes*numarketsolutions.com SOURCE: Pradera Energy Corp.
mailto:chad.sykes*numarketsolutions.com
Posted by IWISHIHAD on :
Quite of bit of action on this one today.
Posted by SoAngel on :
Interesting so far today. Dropped early, steady rise since, and more volume than normal.
Posted by sunny on :
Good volume. Hoping mms will push this back up! I want that 01! lol
Posted by SoAngel on :
I purchased more shares today at .0015.
Posted by Andreas on :
Hi:
My power etrade is acting up
Can someone please post the buy and sales transactions for SGGC for today (Friday, 4/18)?
Thanks a lot!!
Posted by SoAngel on :
Can anyone explain to me how the high of the day today is .0030 and I haven't sold a single share, even though I have a GTC sell order in at .0018 (and I allow partial orders) ?
Yesterday, same thing happened, price reached .0022 and mine just sat there with a GTC at .0020.
I lowered the GTC sell order this morning to .0018 just in case something was messed up on my end, and I come home to see the HOD is .0030 and current price is .0020. How did I not sell any at all ?
Posted by Andreas on :
SoAngel,
The same happened to me yesterday and today and I haven't found out yet, why.
I am trading with ETrade. You, too? Maybe it's them messing up something?!
Posted by SoAngel on :
No, sorry, I am using Scottrade. It is discouraging, because even at .0018 I will be taking quite a loss.
I just cancelled my order and made a new one (same sell price), just in case modifying the order wasn't doing the trick, but if you are having the same problem, then I suspect it is something that we cannot control.
Posted by IWISHIHAD on :
quote:
"Can anyone explain to me how the high of the day today is .0030 and I haven't sold a single share, even though I have a GTC sell order in at .0018 (and I allow partial orders) ?
Yesterday, same thing happened, price reached .0022 and mine just sat there with a GTC at .0020.
I lowered the GTC sell order this morning to .0018 just in case something was messed up on my end, and I come home to see the HOD is .0030 and current price is .0020. How did I not sell any at all?"
_________________________________________________
It could be a lot of things but sometimes it has to do with a specific mm that a broker is working with.
I have had to call the broker many times over the years to ask that same question and sometimes i have had them switch the mm if possible and the order would go through.
Posted by JJMoneyman on :
quote:Originally posted by IWISHIHAD: quote:
"Can anyone explain to me how the high of the day today is .0030 and I haven't sold a single share, even though I have a GTC sell order in at .0018 (and I allow partial orders) ?
Yesterday, same thing happened, price reached .0022 and mine just sat there with a GTC at .0020.
I lowered the GTC sell order this morning to .0018 just in case something was messed up on my end, and I come home to see the HOD is .0030 and current price is .0020. How did I not sell any at all?"
_________________________________________________
It could be a lot of things but sometimes it has to do with a specific mm that a broker is working with.
I have had to call the broker many times over the years to ask that same question and sometimes i have had them switch the mm if possible and the order would go through.
My sell at 0017 didn't go though either.
Posted by T e x on :
quote:Originally posted by SoAngel: Can anyone explain to me how the high of the day today is .0030 and I haven't sold a single share, even though I have a GTC sell order in at .0018 (and I allow partial orders) ?
Yesterday, same thing happened, price reached .0022 and mine just sat there with a GTC at .0020.
I lowered the GTC sell order this morning to .0018 just in case something was messed up on my end, and I come home to see the HOD is .0030 and current price is .0020. How did I not sell any at all ?
call your broker, and be polite but very firm in explaining you want a full, thorough explanation. Please post what they say...
Posted by IWISHIHAD on :
This stock has been showing weird for awhile now.
The bid and ask have been a long ways apart quite often. They show sales at the high side yet the bid won't move.
Cannot figure where this one plays at this point more so than most pennies.
Posted by SoAngel on :
quote:Originally posted by T e x: call your broker, and be polite but very firm in explaining you want a full, thorough explanation. Please post what they say...
I can't tell 100% if you are being a little sarcastic here or not, but either way, I did call them this morning...
In a quick answer to make an easy post, she told me that it is a simple case of an MM doing a little profit taking. Of course, she went way out of her way to explain profit taking to me, and then went on to tell me that these low price stocks are risky and that things like this happen a little more frequently at these low levels
Oh well, maybe someday I can stop watching this one.
Posted by IWISHIHAD on :
quote:
"I can't tell 100% if you are being a little sarcastic here or not, but either way, I did call them this morning...
In a quick answer to make an easy post, she told me that it is a simple case of an MM doing a little profit taking. Of course, she went way out of her way to explain profit taking to me, and then went on to tell me that these low price stocks are risky and that things like this happen a little more frequently at these low levels
Oh well, maybe someday I can stop watching this one."
_________________________________________________
Interesting answer they gave you.
I had been wondering if the mm's have been buying and selling this stock on their own not letting investors get in or out much.
That appears to be what the broker is saying. I would think that would be illegal since they are running the bid and ask prices and accepting what they want.
I would have asked the broker to explain his statement a lot more in detail(which appears they did) and then asked if this practice is illegal especially since they represent the brokers who we invest through.
Not that the SEC. cares.
Posted by SoAngel on :
Well, I got tired of looking at this one and finally dumped today at .0007 for a pretty nasty loss. If any of you are still holding ... best of luck.
Posted by rustyj on :
I spoke to Chad today,still waiting on symblem change and then they can finish the 15c211.They are talking with private investors,company needs about $20,000 to do minor repair to 3 of the wells.There are 2 wells active ,pumping about 2-3 barrells a day.Just enough to break even.
Posted by SoAngel on :
I hope it works out. I am completely out of this one at this point.
Posted by rustyj on :
Im still in down about a grand,but have averaged down acouple times
![[Big Grin]](biggrin.gif)
![[Smile]](smile.gif)
![[Frown]](frown.gif)
(and it's not an all-or-nothing order).![[Wink]](wink.gif)