Due to the bad oil market in the past years, this individual oil stock has fell off the radar from the majority of retail traders. This play is still early, and the crowd doesn’t know about it yet. However, that said, there isn’t too much time left to get into this one before it moves much higher on what will likely be a very fast breakout move towards $0.20 per share. My 1st target is $0.20, although looking at the 5 year chart, I can see it moving all the way to $2.00 per share eventually. This company is currently trading with a 1 million market cap. Investors getting into this chart here, are looking at an easy multi-bagger opportunity in the recovering oil industry. Let me know if you want to know the stock ticker of this chart. Follow me on twitter @DazeTrader and send me a direct message.
What are some of the ingredients to find a penny stock that will give you a multi-bagger return on investment? Do you know anyone who was invested in this penny stock and made a multi-bagger return on investment? Leave a comment at the bottom of this blog post or reply on my twitter @dazetrader www.twitter.com/dazetrader
Bought on Sept 19 2016: 300 shares at $0.05
Sold on Nov 15 2016: 300 shares at $0.70
I turned $15 into $210.
CEO of GOFF, Brandon Romanek, said this on Oct 14 2016: THC Therapeutics will be a thriving publicly traded company. PR will come & when I am able to comment I for sure will. $GOFF has had no PR.
THC Therapeutics will be a thriving publicly traded company. PR will come & when I am able to comment I for sure will. $GOFF has had no PR
— Brandon Romanek (@brandonromanek) October 14, 2016
Business Description: THC Therapeutics, Inc. is a leading technology company in the legal Cannabis industry, headquartered in Las Vegas, NV. The Company’s initial product is the dual-purpose, patent-pending dHydronator (TM) with SanitiZen (TM) technology. This device dehydrates and sanitizes. Its principal application is the expeditious dehydration of cannabis and home grown herbs. The Company plans to expand its dHydronator (TM) line with various sizes aimed at both personal and commercial applications in the near future. Currently, the most popular way to dry cannabis can take ten to 14 days. This traditional process is far too time consuming. Our product reduces that time from weeks to hours. The sanitation technology works on anything put in the chamber. Eliminating most bacteria, germs, dust mites and surface mold. Our company plans to actively seek opportunities to expand within the Cannabis industry, and alternative healthcare.
The following SEC 15-12G filing received on Jun 29, 2016 means that the company will not get suspended for not having filed recent financial statements about the company. In other words, the stock shouldn’t get halted for not keeping their 10Q and 10K current. http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11464552
I like the long term chart, if one can purchase the shares cheap enough, it could make for a potential 10 bagger.
After Hours Quote: $ 1.38 -$6.96 (-83.45%) due to news. Obviously “bad news” ….. i guess… as per the market’s reaction, but for the stock to drop 87% ?!? I bought some shares at $1.35 in after hours market. Trading in the stock closed at $8.34 today in regular hours and closed at $1.40 after hours.
All-time data, monthly chart below. Note the 52 Week Range: $4.075 to $10.70.
CLICK ON THE IMAGES BELOW TO VIEW FULL SIZE RESOLUTION!
Below is a 1 year daily chart where you can see the drop from $8.34 down to $1.40. I also have plotted the option implied volatility which you can plainly see a run-up from mid July 2016 95% to current date Sept 15 where it peaked at 248%. The higher the implied volatility, the higher the cost of the options. I also added the option open interest which plots the call and put open interest in the $NVAX options market.
In addition, here is the historical and implied volatility from the OIC.
Today there was a total of 18,524 options that were traded before $NVAX distributed their news. A total of 9,435 calls vs 9,089 puts making the put/call ratio a balanced 0.963. The majority of today’s options volume came from the October expiration, and secondly the September contract.
An interesting point I will make is that it looks as if the NVAX market was not expecting the stock price to drop this far! If you notice there is hardly any options traded below the $4 strike PUT contract, in other words nobody was interested in buying downside protection or insurance in fear of a downside move in the stock price. I’ve outlined a red rectangle around the option strikes that had the most trading activity today to make it easier to follow. Basically you can see that nobody thought NVAX was going to plunge the way it did today.
Below is the NVAX option time & sales showing the largest option trades that occurred today, along with the last 15 minutes of option trades before the close.
The final chart is a 3 minute chart plotting the after hours trading activity.
1- 321M OS
2- 200M float
3- NO DILUTION
4- NO COVERTIBLES
5- $650K REVS
6- SEC AUDITED FILINGS
UAPC DD SUMMARY: PLEASE STICKY:—>
UAPC (United American Petroleum Corp) is a 100% real revenue producing company and a SEC audited filer with and OS of 321,867,909 shares with an AS of 750M. Float is around 250M minus the insider restricted shares. UAPC has NOT diluted even 1 share in almost two years if you go back and check all the 10k’s. Additionally, and more importantly, there are NO convertible notes whatsoever in the company’s 10k’s anymore. The importance of this is that there are NO forces of diluting MM’s working against the trading public.
NEW FILING – AMMENDENT 10 K/S: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10817138
Above is the certified, documented highly credible SEC filed listing on OIL RESERVES: (*Click on link and scroll down to you see the 3rd party certified SEC filed document.
As of Jan 1, 2015, we estimate the UAPC net proved reserves to be about 118,660 barrels of oil. Projected future cash shows a discounted net present value of $2,025,090. (*see the document on the page 5 or click on the link above.)
Lets do some Math: Current Market Value of UAPC is the following on the close of market Friday, Sept. 4.
UAPC Security Details Share Structure 321,867,909 x .0011 = $354,055 a/o Sept 4, 2015
In our opinion, the company is severely UNDERVALUED based on proven documented 3rd party Oil Reserves alone. The company is revenue generating and improving rapidly in its operating losses dramatically over the last few quarters and approaching profitability. THIS COMPANY HAS OVER $2M in SEC certified and documented OIL RESERVES and has a current market value of only $354K. The FAIR MARKET VALUE at the very least if nothing else is being negotiated or being made public in more well/lease acquistions should be at least approximately .01 the very least based just on oil reserves.
Revenue: Last 6 months: (from the 10k)
Results of operations for the six months ended June 30, 2015, as compared to the six months ended June 30, 2014
Revenues . We had total revenues of $291,802 for the six months ended June 30, 2015 which were generated from oil and gas sales of $286,702 and well operating revenues of $5,100. This was a $18,580 or 6% decrease from total revenues of $310,382 for the six months ended June 30, 2014, which were generated from oil and gas sales of $305,282 and well operation revenues of $5,100. Barrels of oil per day produced (BOPD) increased to an average of 42.85 BOPD from 19.29 BOPD for the six months ended June 30, 2014.
Net Loss. For the six months ended June 30, 2015, our net loss was $180,650 as compared to a net loss of $459,597 for the six months ended June 30, 2014, an improvement of $278,947 or 61% from the prior period.—-APPROACHING PROFITABILITY
Cash on Hand: $189,208 Total Cash & Receivables: $223, 207
Discussion: UAPC hit a high almost .005 back in late May on relatively light volume and for the most part declined on small volume as well mainly due to traders moving money to more active stocks in the summer duldrums and perhaps the decline of oil prices may have been a detriment as well. However, oil prices have bottomed out and are beginning to rise again as most analysts agree bottom is in there and should see prices moving back up. See- chart for crude oil prices: http://www.dailyfx.com/crude-oil
Here is the most important fact that everyone needs to realize. I scrubbed every filing back for the last few years in UAPC. The pps
back in 2013 as you can see on the chart was over .12. The reason for the decline in the pps was the conversion of several convertible notes that the company used to pay off some long term debt. It severely hurt the stock price, but I guess it’s a necessary evil if you have no cash to develop your business plan. However, as you can see now this company is growing nicely and has about $200K CASH in the bank and $2M in proven oil reserves now, but the market has overlooked that. Convertible debt kills the stock price of a company, but it also hides the true value of it until its realized my the market. That is what needs to happen with UAPC and imo it will. The decline of oil prices has not helped here over the last few months, but that is on the upswing as well.
Finally, if you look at where their oil/gas well and leases are you can see they are right in the middle of where the big
boys are playing. Here is picture of it. Notice the names of the big oil and gas companies.
Key Operations Facts
• 17 Projects (Producing)
• Almost 5,000 Acres
• 10 Counties
• 60 Wellbores
United is presently providing operational services for numerous oil and gas leaseholders in 10 Counties Statewide, covering almost 5,000 acres, containing 60 existing wellbores with many offset drilling locations identified. Including Lavaca, Frio, Gonzales, Caldwell, Jackson, La Salle, Pecos, Bastrop, Erath, Parker, Shackelford, Pecos, Lockhart, Duval, Medina, Wilbarger, Navarro, Archer and Victoria counties. We are exploring opportunities to increase both the size and locations of our operations portfolio.With our years of experience in the region, we pride ourselves on our ability to perform any duty needed in the oil field, including, but not limited to:
• Title and leasing
• Lease work
• Pumping and gauging
• Geology and geophysics
• Reserve estimates
• Overseeing work-overs
• Re-entries and drilling
• We can also perform enhanced recovery such as water floods and gas injection and a wide array of other industry specific tasks.
Major Players in the Texas Eagle Ford Shale Field
UAPC listed in STANDARD & POOR’S MARKET PROFILE: –>
Click link below… how any penny stocks ever list here…hardly any shows how credible this company is.
Standard & Poor’s Market Access Profile
LOOK WHERE UAPC PROJECT ARE AND WHO THERE NEAR:
***LOOK WHERE UAPC IS AMONGST THE BIG BOYS LIKE EXXON, ETC…
Key Project Facts
8 Projects (Producing)
2,850 +/- Acres
United procures assets in one the nation’s foremost energy producing states – Texas.
Producing and operating amongst industry giants such as EOG Resources (Mkt Cap 28.11B*), Devon Energy (Mkt Cap 25.92B*), Noble Energy (Mkt Cap 17.78B*), Cheasapeake (Mkt Cap 14.38B*) and Cabot Oil and Gas (Mkt Cap 6.69B*) UAPC is ideally positioned for rapid organic expansion.
United has 8 main projects, but also owns interests in many other projects.
Our operating division performs outsourced oil and gas services to other oil and gas companies. With our portfolio of well operations, we believe we have a secure, reliable source of income providing a stable base on which to build.
Please click on the links to the left to read about our specific projects.
Additional iHub links I used as part of my DD on UAPC:
What is a ‘Tenbagger‘ (Source: Investopedia)
An investment that appreciates to 10 times its initial purchase price. The term “tenbagger” was coined by legendary fund manager Peter Lynch in his book “One Up On Wall Street”. While “tenbagger” can describe any investment that appreciates or has the potential to increase ten-fold, it is usually used to describe stocks with explosive growth prospects. Lynch coined the term because he is an avid baseball fan, and “bag” is a colloquial term for base; thus “tenbagger” represents two home runs and a double, or the stock equivalent of a hugely successful baseball play.
Strictly based on the stock chart (not company fundamentals, etc.) I think that $LEXG has 10-bagger potential. Lithium Exploration Group, Inc. See my blog post about this here.
I have successfully made a few multi-bagger trades and I will post the trade execution confirmations of those trades. So far, the dollar value of money made from these multi-baggers has not been anything to brag about, but I know one of these days it will be.
You know those penny stock clip-art pictures you see, where 1 penny turns into 2, then 2 into 4, 4 to 8, etc. etc. Well wouldn’t it be nice to make a 10x return on a $100 investment, turning one hundred dollars into one thousand dollars in a single investment. Or turning $1,000 into $10,000 sounds even better. Well, sometimes I hunt for the next 10-bagger. The best I’ve done so far is 38-bagger in $ABPI (which is now de-listed). And too bad I didn’t hang onto my $DLIAQ $0.0001 shares longer, last week this stock hit a high of $0.0080 which would have given me an opportunity to make a 79-bagger if I had sold them at $0.0080 instead of $0.0015 (14-bagger). I’ve actually been stalking and trading $DLIAQ for quite a while now.
———- Forwarded message ———-
Date: Mon, Nov 30, 2015 at 7:52 PM
Subject: Fwd: I made a 38 bagger today in $ABPI
Only partial fill today, but on those 12,000 shares that sold at $0.0039, that’s a 38 bagger.
I invested $1.20 for those 12,000 shares and sold them today for $46.80.
If only the commission wasn’t $9.95 per trade.
And this $GBC stock which trades on the Canadian National Stock Exchange (CNSX) was my first ever multi-bagger trade, mind you I only got filled 1 share at $0.005 as I was noticing that this particular stock would often trade odd-lots at the price of $0.005 meanwhile the actual market would be between $0.03 to $0.08 during this same time.
The reason I had noticed this detail about GBC trading at $0.005 in the odd-lot market was because I had been tracking this stock for a couple years. It was actually a very “interesting” stock because back when #bitcoin was hot. I wrote this article Tell the market your company is a bitcoin investment vehicle = 10,000% return. This company came out with a PR one day saying they were now involved with bitcoin and the stock shot up 10,000%! I wrote about that back in 2013 on my blog here.
Do you ever hunt for ten-baggers? If so, leave a comment below or send me a message on twitter, let’s hunt them together!
I #heart $IQ.V #technology #stock on #TSX Venture.
Common Shares: 28,928,947
Insider Holdings: 20,566,937 from Sedi
In 2011 the company did a 40:1 rollback on around 100 million shares. 1,581,926 shares of that are still held by insiders.
Total Assets: $1,283,000
Total Debt: $1,198,000 (Mostly Accounts Payable & Deferred Revenue)
Revenue after 9 Months: $2.02 million
Net Profit after 9 Months: $150,000
What I really like is that IQ is working with Mosaic Capital(M.V) which is a much larger company that likes to takeover companies in multiple sectors. They own 18% of IQ and recently had their loan paid back by that company.
AirIQ is located in Pickering, near Toronto, Ontario, Canada, and trades on the TSX Venture Exchange, under the symbol IQ.
AirIQ offers an end-to-end wireless solution which allows customers to manage mobile assets on a cost-effective basis. AirIQ combines the power and economics of four proven technologies and offers them as one easy-to-use solution. AirIQ integrates the global positioning system (“GPS”), wireless cellular networks, digitized mapping databases, computing intelligence and connectivity / content offered by the Internet, in order to offer a complete suite of services to a diverse set of customers. These services enable a person who is managing a fleet of vehicles to access vital information or remotely control their assets from their own computer or telephone. AirIQ’s customers are able to locate, manage, monitor, control, protect and communicate with monitored vehicles in real time.
Wireless services are best known in the context of cellular voice services that allow people to communicate “anywhere and anytime”. AirIQ uses the concept of wireless mobility services to connect devices and machines. The provision of such services for “stationary machines” is called Telemetry; whereas the provision of such services for “moving machines” is known as Telematics.
Specifically, “Telematics” is the wireless communication of information and control messages to and from mobile devices or assets. AirIQ offers its services by way of an application service provider (“ASP”) business model, specializing in Telematics. Telematics services offer high value to those markets that benefit from a high level of visibility, security, efficiency, safety and utilization.
Third Quarter Highlights: The main highlights of the quarter were as follows (with comparisons made between the 3rd quarter of 2014 and 3rd quarter of 2013):
• Revenue improved by 12% or $69 to $670 from $601; • Achieved positive EBITDAS (earnings before interest, taxes depreciation and stock-based compensation) of $79 representing a $132 improvement;
• Achieved net income of $44 representing a $227 improvement;
• Expenses (excluding stock based compensation) were down 38% or $118 from $429 to $311;
• Achieved positive cash flows from operations of $85 representing an improvement of $258;
• Recurring revenue was $478 with a gross margin of $342 or 72%; • Achieved positive working capital of $75 representing a 177% improvement;
• Established a revolving demand facility with the Royal Bank of Canada to support the Company’s growth initiatives.
Most recent news:
AirIQ repays $100,000 debt owed to Mosaic Capital
2015-02-26 15:10 MT – News Release
Mr. Michael Robb reports
AIRIQ ANNOUNCES REPAYMENT OF OUTSTANDING LOAN
AirIQ Inc. has repaid the outstanding amount due on its loan to Mosaic Capital Partners LP.
In December, 2013, the company entered into a credit facility with Mosaic and executed a promissory note in favour of Mosaic in the amount of $100,000. The loan had a maturity date ofJune 17, 2015, and bore interest at a rate of 15 per cent per annum, calculated daily and payable monthly in arrears. Interest only was payable on the loan on a monthly basis, and the loan was secured by a charge over all of AirIQ’s property and assets, subordinate to the company’s bankers.
“The loan was due for repayment in June of this year, but the board decided to repay it early given the company’s strong fiscal performance to date,” said Michael Robb, president and chief executive officer of AirIQ. “There was no penalty associated with prepayment, and the early repayment will allow the company to save on interest expense and strengthens the company’s balance sheet,” continued Mr. Robb.
“We appreciate Mosaic’s support and assistance in helping the company to meet its goals and objectives.”
Following this repayment, the company is no longer indebted to Mosaic, and is now free of all long-term debt.
We seek Safe Harbor.
© 2015 Canjex Publishing Ltd. All rights reserved.