In terms of an accumulation point pre-split, the most 'modest' or conservative method would be to use the (when-issued O/S share count) of 216 million (times 12) to get a representation of share structure pre-split (thus would equal for math purposes) 2.592 billion. That said the proven and probable reserves of 48 Mbls of Oil @ $30/Bl = $ 1,444,000,000. (Lets Minus 80% discount to PPS for time of extraction and other factors) Then = @ 288,000,000. (Divided by the 2.592 billion 'as If-Issued" pre-split shares) Then we would value basic accumulation at $.12/share pre-split. HOWEVER, that said, every 1 million shares now will be 83,333, post-split. That given and the fact that there is ONLY 340,000,000. O/S right now gives us EXTRA leverage because there are NOT 2.592 billion O/S! In fact there is About 7 Times LESS then that right now O/S. So IF lets just say you purchased ALL 340,000,000. O/S pre-split...Then you would own 28,333,333. of the post-split 36 million public float (of 216 million total) O/S after split. This would cost you $ 6,800,000. @ .02 right now. Follow me here...THIS is why the shares are SO CHEAP Right Now: Conversely, using the same values as above, now take your same value as above of $ 288,000,000. Now (divide that by the post-split O/S shares of 216 million) It = $ 1.34/share.....Now HOW Many do you have? 28,333,333. Right!?... (Times the equivalent post-split valuation) of $1.34/share...How much is it Worth? $ 37,966,666.! Remember it ONLY Cost you $ 6,800,000.! The above example CLEARLY demonstrates that we have Significant Leverage pre-split as compared to buying post-split shares! NOT to mention that once we are post-split, shares will be harder/less available then now because of the fact that 180 mil. of the 216 Mil. O/S will be RESTRICTED! Gota like that! ;] by 2create
posted
MM's are playing mad games right now...wonder if they know something...news hopefully...I have been watching the L2 a couple hours a day for a week and i have nt seen them move around this much, they are dropping the bid and ask, get ready for a shake...then maybe a run back to .025
Posts: 1052 | From: Coventry, RI, USA | Registered: Dec 2004
| IP: Logged |
posted
Barchart has it pretty much buy across the board!! That should help but Im not sure how reliable they are. Just thought I would share.GLTA
Posts: 952 | From: OH | Registered: Apr 2005
| IP: Logged |
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Hold 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Hold
Short Term Indicators Average: 60% - Buy 20-Day Average Volume - 3431070
Medium Term Indicators 40 Day Commodity Channel Index Hold 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 75% - Buy 50-Day Average Volume - 1600100
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 976419
Overall Average: 80% - Buy
Price Support Pivot Point Resistance
0.0210 0.0137 0.0217 0.0297
Posts: 1052 | From: Coventry, RI, USA | Registered: Dec 2004
| IP: Logged |
"I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones." -- Albert Einstein Posts: 784 | From: washington, DC | Registered: Aug 2004
| IP: Logged |
posted
i wonder what is going on i wish i had more cash i would buy more maybe in another day or two
Posts: 6008 | From: phoenix az | Registered: Mar 2005
| IP: Logged |
posted
I wish I had some more cash too...I might take a 401k loan and pick up some more cheap shares!!!
Posts: 1052 | From: Coventry, RI, USA | Registered: Dec 2004
| IP: Logged |
posted
i read a post on r/b by 2create again he said the same thing once the plan is released this will blow like old faithful. he wants more cash to by more
Posts: 6008 | From: phoenix az | Registered: Mar 2005
| IP: Logged |
posted
I bought more yesterday with the last available funds I had. There's no reason this stock should not blow past .10 pre-split. I little publicity/volume would go a long way.
-------------------- "Whether you think that you can, or that you can't, you are usually right." - Henry Ford Posts: 798 | Registered: Jun 2004
| IP: Logged |
posted
Hmmm. I wouldn't recommend a 401K loan on a pink. There may appear to be no reason for this stock to not explode, but then if it is really that great, that will draw other less scrupulous people who will try to wreck it and take the money for themselves.
-------------------- May your trading build your character as well as your portfolio. Posts: 1763 | Registered: Jan 2005
| IP: Logged |
posted
i think this is going to be a game of wait and buy now i hope some good pr hits the wire glta
Posts: 6008 | From: phoenix az | Registered: Mar 2005
| IP: Logged |
"Clarifications, details and more updates in PR coming by end of this week or beginning of next. CEO out of town until Monday. My guess is then a Monday am PR would seem reasonable."
-------------------- "Now water can flow or it can crash. Be water my friend." - Bruce Lee Posts: 47 | Registered: Jun 2005
| IP: Logged |
posted
i like to create but if amoyt is not getting back until monday look for the earliest pr about tuesday
Posts: 6008 | From: phoenix az | Registered: Mar 2005
| IP: Logged |
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Hold 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Hold
Short Term Indicators Average: 60% - Buy 20-Day Average Volume - 3558678
Medium Term Indicators 40 Day Commodity Channel Index Hold 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 75% - Buy 50-Day Average Volume - 1598975
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 1004097
Overall Average: 80% - Buy
Price Support Pivot Point Resistance
0.0210 0.0157 0.0207 0.0257
Click on the indicator for
Posts: 6008 | From: phoenix az | Registered: Mar 2005
| IP: Logged |
posted
(originaly posted by madmoney 6/23)---how many pink sheets have EVER gotten ahold of 800 million dollars,these guys stepped in sh#t and they know it! wow! possible 2.5 billion plus!. 800million REAL money = real value, for a pink thats unheard of!. with the float they are worth .30 in REAL money, not ( potential or possible) like so many other stocks on this board. wow, can you tell i`m excited!--- and i still am, if you made a profit on "tnog" this is the place to put it! 1000+ times the value, half the price! ( at the high ) under the radar for the moment. going up! T/S show ALL buys so far today! moves fast on low volume, time for a run?
Posts: 2503 | From: connecticut | Registered: Mar 2005
| IP: Logged |
posted
madmoney wait until amoyt comes back on monday and if all went well the pr will start two stream within the next two weeks glta
Posts: 6008 | From: phoenix az | Registered: Mar 2005
| IP: Logged |
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Hold 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Hold
Short Term Indicators Average: 60% - Buy 20-Day Average Volume - 3558675
Medium Term Indicators 40 Day Commodity Channel Index Hold 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 75% - Buy 50-Day Average Volume - 1598974
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 1004096
Overall Average: 80% - Buy
Price Support Pivot Point Resistance
0.0210 0.0157 0.0207 0.0257
Posts: 6008 | From: phoenix az | Registered: Mar 2005
| IP: Logged |
-------------------- The sun even shines on a dogs ass someday, have patience my friend ur day will come! Posts: 727 | Registered: May 2005
| IP: Logged |
posted
I got out end of last week, looks like we will consolidate here for a bit, I am waiting for re-entry in this range in a week or two depending on news, trying to flip some other stocks so I can buy more of this one....GLTA
Posts: 1052 | From: Coventry, RI, USA | Registered: Dec 2004
| IP: Logged |
posted
Isn't the current price range the value of the stock based on the proven reserves only?
I suspect the stock price will rise a bit once the reverse split takes place but not all the way to the price some have estimated using both proven and probable reserves.
Once some of the probables turn into proven the price will rise some more.
The bottom line is that you can't put probable reserves in the bank just yet.
Posts: 44 | From: Hawaii | Registered: Jun 2005
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Wink]](wink.gif)
