@Unique_Global_ The CEO needs to address the 30% that is convertible. How it converts, pps, & how much is actually out there, because those are all question marks. And you probably would want to do the interview after you have some kind of contract or bullish momentum. Right now no one cares.
You got suckered into buying AI generated slop crypto video games & other Web3 nonsense with $NXGB and $TIPS by scumbags like dinogreeves that was promoting it. I would actually look at $UGIZ again. It's triple zero, Venezuelan oil services by an actual executive with xp.
@Unique_Global_ Previous management's filings are sloppy. Convertible notes were reported at $227K, but historical debt schedules are different. Can management clarify the actual legacy debt outstanding so holders can understand what the 70% debt settlement represents? @Unique_Global_
@TerryChenOK in my opinion. Now that this step is accomplished, they can announce whenever they want. They don't have to wait for any particular date. If Crossfield is ready to announce with a contract, they can do it.
You know what that means, right? To satisfy what's in the documents, $UGIZ not just has to have Crossfield Energy, but has to have Crossfield Energy working in Venezuela, recommissioning wells. And that means $$. Means a contract with SEPESA, PDVSA, or even Chevron. Under 30dys..
$UGIZ Looking over the docs now, don't see anything glaring. Pref A Control block is transferred to AO Capital. They have 30 days to inject Crossfield Energy. Overall, it looks like UGIZ has new owners. I wish I had some extra money to buy those sevens, damn it.
@Placebo_Jeffect@Meso1Group When you look at $TIPS, $NXGB, $AIBT, how much $ can these companies generate? And I don't see it. Now when I look at $UGIZ & I look at oil services, I can price that. I can look at Venezuela & see the need. I can look at the CEO, where experience matters. I'm fine waiting.
@Placebo_Jeffect@Meso1Group It was not dilution yesterday. OTCN wasn't near the ask. That was all retail selling, imo. That was Tom, Dick, and Harry just selling because, they want to chase something else. A friend sold at 9 and then bought back at 8. So that was almost 10m in volume right there.
What a bloody Tues. I haven't seen one of these in a while. It was really hard to find anything green today. $UGIZ got shellacked,
$TIPS got shellacked,
$NXGB was down,
$AIBT was down.
let's not do these days too often.
It's bad across the board. $TIPS, $NXGB, $BCDS, $AIBT $UGIZ. I don't see anything that's doing well today. It's pretty much just a really red day.
We need the economy to improve where people have more disposable income. These last two years have been terrible.
Lordy Oscar, what kind of deal did you facilitate on $UGIZ? Wasn't all the debt supposed to be settled at one penny? This guy is unbelievable. @Unique_Global_
Rethinking $UGIZ's X post, & I think RG Marine Group is an acquisition target complementing well work on the lake. It makes sense. If you're doing recommissioning work, you need transportation for equipment & personnel. Renting boats when you can own? RGMG is small enough, 2 tugs
@Unique_Global_ The only positive I can find in a day of disappointments from Oscar No Bueno is that they updated the information on the UGIZ Twitter account, and it says Crossfield Energy. So Oscar did something right today. Why did they have to hire this guy? $UGIZ.
@Unique_Global_ You really handicapped yourself using Oscar for this deal. He is absolutely terrible in the OTC. His reputation is just as bad. He is strictly pro note holder and anti-shareholder. He's one of the worst. And now so is your company. @Unique_Global_
Lake Maracaibo is where $UGIZ will be operating. Don't be surprised if we see a partnership involving Chevron or PDVSA. Think about the affect on price. I'm not happy about the increasing SS. Even at 1B OS, a move to .03–.04 is still very possible.Plentiful work with good margins