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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » TWOG NEWS, Confirmed Dividend (Page 29)

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Author Topic: TWOG NEWS, Confirmed Dividend
madmoney
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Wow what a drop
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Robbie English
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well nice and cheap now... might average down and wait for the afternoon run....NOT!!!
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Trasq
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Sake it UBSS. Seems they want cheap shares too.
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njs300zx
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Wow look at ILGY, down 36%
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stickfigurefred
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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.
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njs300zx
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I'm kinda happy I sold some to buy VRDM last week.
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7 of 9
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that wont be the last shake

(both shakes today failed, no one is selling)

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Trasq
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Almost back, still 3 hours to go (up).

I posted it at 9:19, but it didn't work. So I post it again.

http://www.rallymonkey.com/video/kenindex.swf

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Robbie English
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every time someone buys...someone sold!!!!
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amswap
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That's pretty wise, Robbie!
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llatffej
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nice rally here i think we end up for the day
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Robbie English
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you kidding??
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Trasq
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ILGY at .35? Seems the conversion is going to be softer.

Hope it recovers...... after the conversion, of course.

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Trasq
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Sorry, I forgot......

The following link mentions Midland Resources Holdings is one of the main investors of Magellan and having their own people in the board of directors.

http://biz.yahoo.com/iw/060411/0122614.html

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Robbie English
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So who is holding and who is selling... the hour is near.
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njs300zx
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Still holding 300k
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hensley1971
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hey robbie,

im holding a few hundred thousand shares... hoping to God i dont get royally screwed

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njs300zx
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I had a sell order in all day yesterday and never got filed, So I'm just holding and waiting
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amswap
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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.
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Robbie English
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I honeslty dont think there is anyone buying today.
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MoneyMoneyMoney
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I have sold Robbie, but I sure hope everyone makes out that decide to play. Good luck to all.

--------------------
I buy fast and sell faster!

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Robbie English
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Here is some sarcasim ...ILGY is up today on a whole 100 shares volume.
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Trasq
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Considering the actual price, I'll stay and see what happens. After all, I prefer ILGY.
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njs300zx
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any word on what the restrictions are gonna be?
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Robbie English
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noone is buying, there was not distinction made as to restrictions on the shares or anything for that matter.
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Trasq
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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.

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Robbie English
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The date of record is tomorrow? So when is the last day to sell TWOG?
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njs300zx
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I thought the record date set for the distribution was 4/24/2006 as specified in the PR
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Trasq
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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

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Robbie English
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Well, been in it this long guess we will see what happens now.
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llatffej
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so what do we see for today?
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hensley1971
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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??

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njs300zx
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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.
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amswap
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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.

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Trasq
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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.

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