ReoStar Energy Corporation (PK) (REOS) Share Price

Boom?? I guess I missed the Boom.

$REOS

Boom

Someone has quietly been soaking up shares here.... 

Ch 7 Bankruptcy discharged 6/26/19
$REOS
This is from the Form 1-SA filed for 6/30/24
NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS
Reostar Energy Corporation, formerly known as Gold range Resources Inc. (the “Company”) was incorporated in the State of Nevada on November 29, 2004. The Company operated as Gold range Resources The company is an operating company whose purpose is to aggregate existing US based oil and gas production, develop proven undeveloped oil and gas reserves, and incorporate alternative clean energy sources. the US. The Company filed for bankruptcy on 11/01/2010 under Chapter 11 with the United States Bankruptcy Court, Northwest District of Texas, Fort Worth Division, under Caso No. 10-47176-MXM. The case was converted to a Chapter 7 filing on 04/15/2013. The case was open for 74 months. The Bankruptcy was discharged on 06/26/2019 leaving the Company at the time of discharge with no assets and no liabilities.

$REOS - OK Bro, thanks for chiming in.

I heard that they're done, they will file a bankruptcy

$REOS - It would be nice to get a New Year's REOS update.

Someone seems to be soaking for one reason or another....

$REOS - Trading very well today - good to see! 100,000 shs just went at $.0175

no idea

Wonder why the recent volume?

Interesting recent volume

https://x.com/ReostarEnergy/status/1742671217415594108?s=20

Put your Big Boy pants on and bid more! lol
Full disclosure: it's not me, I think they're diluting this puppy. No dilution has shown up on otcmarkets.com though.

stop jumping my bid $REOS

Ask now 8. :( feed me please

Grabbed a few …

Interesting

$REOS - OK, thanks very much.

Will be paying close attention to SS changes but it’s clearly dilution with BLAS on the ask.

$REOS - What do you think it is? New shares being issued?

Kinda sad they’re destroying such a nice clean ticker…. Faucet open wide at the moment… going to put in some bids in 000s

$REOS - I figured it out. Interesting.

$REOS - Why am I seeing a filing for K-Chain Group, Inc. attached to the REOS board?

$REOS - I don't know how to react to today's offering/filing. I suppose my first reaction is: It's Alive!!!!!!

$REOS - Good to see the filing. One picky point - The report is for the period ended 6/30/23. The Subsequent Event footnote mentions Peter Koch coming back on Jan 31, 2023.
This would have been a Subsequent Event at 12/31/22 - but not at 6/30/23. It happened during the period reported, not subsequent to it.
Like I said, good to see something!

It will never turn around...did you pump this pos???

Hopefully this turn around soon. Have much in it.

https://twitter.com/ReostarEnergy/status/1666538115115409408?s=20

Weird well hopefully not too late

Looks like this is their annual … idk lol..

https://www.otcmarkets.com/filing/html?id=16663707&guid=4bu-keHwt0X_B3h

Yeah I’m so confused this is an offering filing when did they ever file any financials

?? $REOS
?? Pink Limited Information
?? 0.0072
??? AS: 200M • R: 66.11M • UR: 22.23M • DTC: 20.11M • Float: 14.63M

SEC Filings:
?? 1-K (Annual Reports and Special Financial Reports)

OTCM Profile | Twitter | TradingView
2023-05-17 16:54:49 EDT | @ASE

yea another pile of poo

Looks like EM coming

yep nice to see

Huge spread here but some solid smacks on ask despite bid being lower… interesting.

I saw that also...maybe finally we can get out of the basement! I heard they are filling SEC docs to switch from oil and gas to strictly mining so maybe the guys who bought the company have more sense than the previous honchos!

https://finance.yahoo.com/news/reostar-energy-corporation-acquires-interest-145300384.html

$REOS - I see REOS is taking a dive this morning. I was thinking of picking up some.
At 12/31/21, the Outstanding Shares totaled 80,743,919.
At 2/13/23, per otcmarkets.com, it's at 88,343,919 - An increase of 7,600,000 shares.

Still a great share structure imo. Were the 7,600,000 shares issued as part of an acquisition or for a note?
It would be nice to see some current financial statements.

https://www.otcmarkets.com/stock/REOS/security

$REOS - I don't understand how you can run around making these deals (prospective deal with Iron Ore Mining Co.) when you can't even produce a freaking financial statement.

$REOS - I'm glad I got completely out with a small profit. I'm still following it, but this was a really weak update.
Not a single word about getting their financial statements up to date.

news https://www.otcmarkets.com/stock/REOS/news/story?e&id=2443689

is this still a company?

$REOS - Can someone tell me why this is still Pink Current? We haven't seen a Financial Statement since 12/31/21.
Quarterly statements are not required?
Thanks in advance.

You might be right though. It could be awhile. No one buying.

Grabbed a starter yesterday. It’s coming.

$REOS - Why aren't you buying? Where's the volume?
You're like everyone else. Waiting for this to crater.

If you ain’t loading here you’re loading much higher. No reason for this massive discount. Taking advantage.

$REOS - If we get more "news", we'll be below a penny! lol
But, seriously, it's just a LOI, so we'll see what happens.
If they are trying to put together a portfolio, it's actually a good idea to start out with some solid companies that have been around a while and produce some steady cash flow.
Or, put another way, you don't want to start out by acquiring a business that will suck cash out the company.
Remember, REOS has a totally clean balance sheet after the bankruptcy was administered for many years and finally discharged. The Balance sheet was basically zeroed out.