iwant1mil
10 years ago
This POS haven't traded in days, has the SEC shut this scam down? Did they ever do the outrageous 1 for 165,059,389 R/S?
Yes people, that's 1 for 165 Mil, the largest R/S I've ever seen. They wanted to make sure all shareholders were wiped out. Why can't the SEC put people like this in jail. NEWL is another big con men scam that's sucking millions from newbies right now.
~BC~
10 years ago
Thanks for the info LV. But .01 per share? How do you come up with this for current holders?
"Really sucks for the penny holders but it's also surprizing they'l get 1 penny too. It would seem that Orogen is buying the public out for $500k"
Long-vestor Friday, 06/20/14 03:11:47 PM
Re: StockingUp333 post# 882
Post # of 889
Orogen Energy, Inc. is taking it over. they issued 7,692,288,318 to them, for .0006 after increasing the authorized to 9 billion on 12/6/2013 and 2 days ago decreased the authorized at Nevada to 5 million effective June 30. There's a debt and warrant issue of some 4 million credit or somtin which Orogen got the shares for.
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=j14ZBiHxx%252fpZ5ywWryON9w%253d%253d&CorpName=GASCO+ENERGY%2c+INC.
http://www.sec.gov/Archives/edgar/data/1086319/000110465914012742/a14-6609_1sc13da.htm
A few insiders excersied their stock options months ago apearently to take advantage of the plan.
Really sucks for the penny holders but it's also surprizing they'l get 1 penny too. It would seem that Orogen is buying the public out for $500k
Long-vestor
10 years ago
Orogen Energy, Inc. is taking it over. they issued 7,692,288,318 to them, for .0006 after increasing the authorized to 9 billion on 12/6/2013 and 2 days ago decreased the authorized at Nevada to 5 million effective June 30. There's a debt and warrant issue of some 4 million credit or somtin which Orogen got the shares for.
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=j14ZBiHxx%252fpZ5ywWryON9w%253d%253d&CorpName=GASCO+ENERGY%2c+INC.
http://www.sec.gov/Archives/edgar/data/1086319/000110465914012742/a14-6609_1sc13da.htm
A few insiders excersied their stock options months ago apearently to take advantage of the plan.
Really sucks for the penny holders but it's also surprizing they'l get 1 penny too. It would seem that Orogen is buying the public out for $500k
Doji One Kenobi
10 years ago
Energy was one of the key sectors to move higher, based on ChartLabPro.com proprietary metrics. This shift to energy may be signaling markets are in an advanced stage cycle of this bull market. As history has proven, during a mid- to late-stage equity cycle, the market could be forecasting a steepening yield curve. Therefore, industrial-production growth will accelerate, and investors will no longer chase high-multiple stocks for "growth."
http://www.marketwatch.com/story/is-there-an-opportunity-in-the-energy-sector-2014-03-31