quote:Originally posted by iiiqqqeg: so it never went below .0002 recently?
and what the target for this long term ?
i hope it won't be like pccr
ready to get it
Target .. not sure
I wouldn't jump in expecting this to move any time soon. We are basically waiting for a good PR telling us some good news that gets this one going again.
I wouldn't buy expecting it to be a fast gainer.. but if you can buy at .0002 and get a quick flip in a week or so at .0004 you have a nice profit.
Personally most of my shares were bought at .0004 and a few at .0005. I'm thinking of trying to sell all at .0004 and then buying at .0002 again if I can.
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Did anyone see the Financial that they put out. If some one can go look at it and tell us what it means that would be great........ mmmmmmmmkay.
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Anyone have any thoughts why we closed up today? I saw a small 400 shares trade go through at .0004 then we had about 4 or 5 big sized trades at .0004 to the close.
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Glad to see the close up, it makes me confident to know that the CEO is buying up shares. I dont think that they will be diluting or reverse splitting anytime soon.
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Sovereign Exploration Associates International, Inc. announces the investment in a new portfolio company 11/29/2005 9:25:01 AM NEWTOWN, Pa., Nov 29, 2005 (BUSINESS WIRE) -- Sovereign Exploration Associates International, Inc. ( SVXP ) announces the investment in a new portfolio company, Sovereign Exploration Associates International of Spain, Inc. (SEAI of SPAIN).
SEAI of SPAIN is a Spanish based company led by Mr. Luis Valero de Bernabe Gonzalez as President. The Company is responsible for the administration of SEAI business development and operations in Spain and Portugal.
As part of the agreement, SEAI of SPAIN has acquired interest in the finder rights to certain Spanish wrecks from Luis Valero de Bernabe Gonzalez.
"I am impressed with the good working relationship that has been established by SEAI's portfolio company, Artifact Conservation & Recovery, Inc. (ARC), with the Canadian Province of Nova Scotia, its focus on cultural exchange, and the quality and expertise of its recovery operations and management team. I am pleased to have the support of SEAI to help develop our projects here." said Mr. Valero.
Bob Baca, CEO of SEAI comments that: "The addition of SEAI of SPAIN greatly compliments the opportunities associated with other SEAI portfolio companies".
About Sovereign Exploration Associates International, Inc.
Sovereign Exploration Associates International, Inc. ( SVXP ) is a Business Development Company under the Investment Company Act of 1940 undertaking shipwreck exploration and recovery initiatives. Pursuant to Section 13 or 15(d) of the Security Exchange Act of 1934, SVXP has filed Form 8-K.
-------------------- Nothing moves a sub like news!!!
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quote:Originally posted by rickpic: Sovereign Exploration Associates International, Inc. announces the investment in a new portfolio company 11/29/2005 9:25:01 AM NEWTOWN, Pa., Nov 29, 2005 (BUSINESS WIRE) -- Sovereign Exploration Associates International, Inc. ( SVXP ) announces the investment in a new portfolio company, Sovereign Exploration Associates International of Spain, Inc. (SEAI of SPAIN).
SEAI of SPAIN is a Spanish based company led by Mr. Luis Valero de Bernabe Gonzalez as President. The Company is responsible for the administration of SEAI business development and operations in Spain and Portugal.
As part of the agreement, SEAI of SPAIN has acquired interest in the finder rights to certain Spanish wrecks from Luis Valero de Bernabe Gonzalez.
"I am impressed with the good working relationship that has been established by SEAI's portfolio company, Artifact Conservation & Recovery, Inc. (ARC), with the Canadian Province of Nova Scotia, its focus on cultural exchange, and the quality and expertise of its recovery operations and management team. I am pleased to have the support of SEAI to help develop our projects here." said Mr. Valero.
Bob Baca, CEO of SEAI comments that: "The addition of SEAI of SPAIN greatly compliments the opportunities associated with other SEAI portfolio companies".
About Sovereign Exploration Associates International, Inc.
Sovereign Exploration Associates International, Inc. ( SVXP ) is a Business Development Company under the Investment Company Act of 1940 undertaking shipwreck exploration and recovery initiatives. Pursuant to Section 13 or 15(d) of the Security Exchange Act of 1934, SVXP has filed Form 8-K.
ahh you beat me by seconds.. I had just yesterday set my sell at .0004 in hopes to sell out and rebuy at .0002 or .0003 for a quick turn around.. Good thing I had my L2's open and saw that early 2.5 million buy go through. I knew something had to be up..
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well I didn't beat the clock.. I had set my sale point as posted above to try for a quick run around and to get back in at a lower price with more shares.
However the MM's had other ideas for me and grabbed my shares in that quick buying spree before my cancel order went through.
So I'm out at this point waiting for a chance to buy back in at .0003 or .0002.
quote:Originally posted by Thorn: You should be able to get back in at .0003 later this week. There is nothing to keep the price up there for the rest of the week, imo.
Yea I'm thinking the same thing. We got more good news today but I don't think it is going to really take us up much.
It's good they are expanding, but looks like it's going to hang at the .0003 - .0004 range with the occasional .0002's. I still think it's going to take hard numbers on what has been found so far to move this one.
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quote:Originally posted by Thorn: Now, why are they repeating the same news? Did they actually think that this PR would make the stock move?
it's not the same company.. This one is in Spain..
"SEAI of SPAIN is a Spanish based company led by Mr. Luis Valero de Bernabe Gonzalez as President. The Company is responsible for the administration of SEAI business development and operations in Spain and Portugal."
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quote:Originally posted by Thorn: You should be able to get back in at .0003 later this week. There is nothing to keep the price up there for the rest of the week, imo.
Yea I'm thinking the same thing. We got more good news today but I don't think it is going to really take us up much.
It's good they are expanding, but looks like it's going to hang at the .0003 - .0004 range with the occasional .0002's. I still think it's going to take hard numbers on what has been found so far to move this one.
I agree with you on that one. This wont jump up past .0005 unless some numbers come out on how much the whole thing is worth. I was also able to get out at .0004 and get back in today at .0003. This stock is awesome and has so much potential, cant wait to see what happens.
Over 3 million strong .... and growing!
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Ricpic, do you think that the original cali boys are frontloading off of sxvp? I've always liked the original marine companies, but I don't like sprouse et el..... what do you suppose?
-------------------- Eagles may soar, but weasels don't get sucked into jet engines....
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I would hold off on buying a lot more of this one. When they took over from CALI, the increased the A/S to 250 billion (yes billion) shares and included an item that said there had to be a reverse split next year. There would only be one reason to do that.
Also, as exciting as the finds are. It could be a year or more before anything is actually auctioned off. How do you think they are going to fund all of this recovery until then??
I have sold most of my shares, but still hold 3 mil. It might spike up once in a while, but don't pretend they won't dilute into news.
-------------------- I just want to make enough money to be eccentric.
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I may have to agree there hoss. Also, did anyone notice that there were 12 or 13 filings of form 3 and 4 just in the last month. That's alot of insider type trading isn't it. And what happened to sprouse? All I see is baca, gross and cavan. I recognize cavan, but where did gross come from.
-------------------- Eagles may soar, but weasels don't get sucked into jet engines....
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quote:Originally posted by Nile: Why is there only one ask of .0004 on the L2's? Did something happen that I dont know about?
1x.0004 8x.0005
was like that most of the day.. was one or two at the ask all day. Didn't seem to me like the MM's were going to let it go past .0004. Exact same thing that was going on with QBID.
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