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Kleangas Energy Technologies, Inc. Message Board

behindanymelines 22 posts  |  Last Activity: Jun 8, 2016 3:44 PM Member since: Feb 7, 2014
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  • Reply to

    KWKAQ

    by lindahazelwood42 Jun 8, 2016 2:41 PM
    behindanymelines behindanymelines Jun 8, 2016 3:44 PM Flag

    Linda,
    Interesting. Could plan be that they let all assets go, but were able to take out that loan for the pipeline allowing kwk to survive, which further allows company to keep the potentially valuable tax attributes. Maybe the loan was tied to those attributes. Baby steps rebuilding the company?
    Or is your take sit back and relax cause this all amounts to squat?
    Thx

  • Reply to

    writeoff

    by lwilli40sc May 24, 2016 2:55 AM
    behindanymelines behindanymelines May 26, 2016 10:51 AM Flag

    Pursuit,

    That's the 1/2 cent question everyone has been asking for a year now. :)

  • Reply to

    $50 WTI ... game changer

    by oilyman24 May 26, 2016 9:01 AM
    behindanymelines behindanymelines May 26, 2016 10:49 AM Flag

    Morning Oily,

    Sorry, but wrong board. BX may have been right in trying to acquire assets on the cheap while the O&G market was in the tank, but unfortunately for us, none of those assets they've acquired have been from KWK.
    None of the US and none of the Canadian. Zilch, Nada, None.

    You know it, Quick knows it (but won't admit it), I know it, everyone here knows it. We are done, If you're actually relaying your interpretation from info those you talk to in "the pits" give you, then I'd seriously start looking for better friends or contacts there. These one's have been wrong o every single bit of info as to who's acquiring what. Not even close.

    Unless, it's all just been a ruse to get people to hold on to their shares while a big whale finishes selling off their millions of shares, bit by bit.

    I can't think of any other reason or anyone to keep posting the same info or opinions, day after day, week after week, month after month, and be so wrong every time some new news hits.

    I pray that I'm wrong, and I will be first to apologize to you if I am, but this has gone on all to long as most everyone here I'm sure will agree. I've enjoyed the reads over time, I'm just glad I didn't make my buy decisions based on this info. Nope, my decisions were totally my own fault for believing in a sckumbagg CEO.

    Just wish someone would post where this piece of $hit lives so I can send him a nice bottle of bubbly so he can celebrate the destruction of his family's fortune. But I guess with the moneys he's made in salary and bonuses since this went BK, he's probably been buying up a bunch of other companies stock at rock bottom prices waiting for the big turnaround.

    All just my opinion.

  • Reply to

    Market headed higher ...

    by oilyman24 May 17, 2016 2:33 PM
    behindanymelines behindanymelines May 18, 2016 11:43 AM Flag

    Oily,
    How can Glenn play hardball? Did he have reverse Bruce Jenner surgery? Did they re-attach his castrated nads? Seems to me, that thru this whole process he's been like a little "female dog" sitting in the corner. He speaks when they say speak, and lays down when they say lay down and shut up.

    Just curious on how he can play hardball?

    Is he still in enough control, to where he can say, you know what, to heck with all ya, and just throw it all into a chap 7 liquidation, knocking all the agreements/deals, etc. out of the picture and they start all over? I have no idea if he can, but I'm guessing he has zero control of anything now.

    Regards

  • behindanymelines behindanymelines May 9, 2016 2:57 PM Flag

    I'm guessing the amount of money they're saving, while waiting, is not going to cover the costs of all the bloated salaries and attorney fee's for the next month. If they have it all wrapped up, why not close the blanked thing, and not pay the probable $5M in salaries and fees?

    Just money being flushed down the toilet.

    Please explain any rational reason where delaying this any longer makes any sense whatsoever?

    Again, I'm definitely a simpleton on understanding the inner workings of these types of dealings. And I do agree, a liquidation would have seemed more appropriate 6-12 months ago.

    But for what purpose is delaying any further, helping anyone? Specifically the common. The only positive out of all this so far is that no declaration yet, has stated common are 100% worthless. Probably going to be, but not "are", yet.

    Thx.

  • Reply to

    All tailwind ...

    by oilyman24 Apr 29, 2016 9:29 AM
    behindanymelines behindanymelines Apr 29, 2016 10:41 AM Flag

    Oily,

    I completely agree, things are definitely looking at tailwinds now for the sector. Unfortunately, most likely the only benefit is going to those who have purchased these assets at exactly the right time. Those of us that own the common are just gonna be left behind, crying in our beers. It's unbelievable how this has all turned out, perfect for some, and a clusterphu-ck for others.

  • behindanymelines by behindanymelines Apr 27, 2016 12:59 PM Flag

    When does this Ground Hogs Day stock end this ridiculous floundering?

    Another day, another week, another month. And nothing. Other than basically stealing of the remaining cash by mgt. How does the judge allow this? Why would the judge allow this? How and why are the creditors allowing it, and not forcing the judge to put a stop to it?

    Absolutely nothing within reason can explain it.

    Tens of thousands going out every day to mgt and attorneys, which is all monies that would eventually go to the lien holders/creditors, etc. Just shocking nothing is being done.

    I'm pretty sure we common ain't getting anything, but the above strange as it may sound, is the only reason I do have any hope we get something. Very weird.

  • Reply to

    Commodity market down today

    by fracemifyougotthem Apr 25, 2016 11:43 AM
    behindanymelines behindanymelines Apr 25, 2016 3:26 PM Flag

    Love the prediction, but HATE the more like conclusion.

  • Reply to

    New SEC filing just released...uh oh!

    by quicksilverskeet Apr 19, 2016 7:35 PM
    behindanymelines behindanymelines Apr 19, 2016 7:57 PM Flag

    Quick, youre becoming a little cryptic like Oily is sometimes. :)

  • Reply to

    Oily Sir: ?'s

    by behindanymelines Apr 13, 2016 3:35 PM
    behindanymelines behindanymelines Apr 13, 2016 5:18 PM Flag

    I'm ok with conversion of old equity, and yes it would end this more quickly. But what's the holdup now? I thought you said yesterday the deal was just finalized? Are they still trying to finish picking up the rest of the common, can't believe there's much more to be had. They ain't getting mine unless thru conversion or cancellation. Since we're at the bottom of the Totem anyways, I doubt they give a darn about most of us common anyways. It'll only be as a favor to Glenn.

  • Reply to

    Oily Sir: ?'s

    by behindanymelines Apr 13, 2016 3:35 PM
    behindanymelines behindanymelines Apr 13, 2016 5:11 PM Flag

    Frac,
    Personally, I don't believe we will end up with a piece of the bone. Not after seeing the US assets go to waste for us. That was a big blow to my confidence in us getting anything. The only thing I'm holding onto is that this didn't go the way of a chap 7 even though the outcome has pretty much been the same so far. Plus the fact the Glenn is still involved somehow and the only thing he has to fight for is his and the fam's 53M shares. If he wasn't getting something I can't understand how the judge and the creditors haven't just told him, Mr Little, and the rest of the gang to go pound salt. It's a waste paying them millions for nothing. And if he does get something for those shares, then we do as well.

    It's a small hope and prayer I know, but any glimmer is better than full lights out.

  • behindanymelines by behindanymelines Apr 13, 2016 3:35 PM Flag

    Oily,
    A few days back you stated you'd heard "big money" was all over the properties in Canada, and that the current sale of those assets was not a done deal. Now yesterday you stated that you heard a deal is fully done, and that for us to watch for the big spikes in price to now start happening.

    Do you think any of the "big money" that was there came in with a bigger and better offer? I can't imagine one coming together so quickly. I would think that the current party involved would be making a lot of waves and we'd have heard some of the rumblings.

    If a deal is fully done, and spikes are to start popping all over the place, when do you think that will start? Only spikes I've seen today have basically all been downward. I know things don't happen over night, especially with this one.

    What's your current take? Your posts seem to lean even more positive on the common getting a bone? What is your reasoning?

    Thanks Oily.

    Behind

  • Reply to

    Looking good ... Keystone ignites Canada

    by oilyman24 Apr 11, 2016 10:50 AM
    behindanymelines behindanymelines Apr 11, 2016 3:01 PM Flag

    Wow, two thumb down for a legit question? Seriously? I wasn't being disrespectful to Oily or his comment. It was just a question. Looks like a couple "Francis's" need to lighten up. Heck, thumbs down my other post, but a question post?

    Guess some people woke up in worse of condition than I did today.

  • Reply to

    Looking good ... Keystone ignites Canada

    by oilyman24 Apr 11, 2016 10:50 AM
    behindanymelines behindanymelines Apr 11, 2016 2:49 PM Flag

    Thanks for the reply Oily,
    But, if BX is as savvy as some claim hear, and they are the one's who've tied all this up, couldn't the "deep pocket" parties just be there for after the close negotiations. Since if BX has owned all the debt, has been calling the shots all along, why would they now allow someone else at the last minute to come in and steal their thunder. I don't think they would.

    I could see them doing all the above, and then afterwards, sell off a portion to some of the deep pocket parties, covering all their original purchase price or a huge part, and then basically have the rest to develop for free, or at a very minimum. Maybe a partnership with TG. Who knows?

    And with Glenn, my opinion of his is that he's just something that is put on a persons hand, and when their fingers move he speaks.

    In ending I just don't see how BX or whomever it is would at this date with all that's done now, just let all their work go down the drain. Doesn't make sense.

    Now, I hope what you say is true, and there is a benefit to us common. And we are still trading, but that's only because the sale has not finalized, but once it has we will stop trading.
    Certainly not because of anything Glenn has done or not done to keep it going.

    Sorry for long post, but woke up with cold this morning and head is killing me. And am bored.

    glta

  • Reply to

    Looking good ... Keystone ignites Canada

    by oilyman24 Apr 11, 2016 10:50 AM
    behindanymelines behindanymelines Apr 11, 2016 11:19 AM Flag

    Morning Sir,
    How would anything thats happening now benefit any common holders now, as all the assets were sold last week? Thx.

    Glta

  • Reply to

    Blackstone

    by fracemifyougotthem Apr 8, 2016 9:22 AM
    behindanymelines behindanymelines Apr 8, 2016 12:56 PM Flag

    Oily,
    I agree, it is now going to be coming like a freight train. Big question is, are we common going to be picked up at the next station and carried along for a nice ride, or are we just tied on the tracks just waiting to get run over? We got zilch from the US assets, and it seems most likely zilch from the Canadian too. Glenn and fam just better end up with the same fate as the rest of us common. If they get something we'd better as well.

  • behindanymelines by behindanymelines Apr 6, 2016 3:32 PM Flag

    Just curious. Before this all started, there were approximately 183M common shares in float. Glenn and fam controlled around 53M. Funds if remembering correctly controlled around 90M-100M. So that left around 30-40M available to regular joes out there.

    If as suggested by some, Glenn and family have pledged their shares to some entity, and the funds have all liquidated over the past year and these shares most likely being bought up by that same entity for a fraction of a cent or two, how many shares could possibly be left uncontrolled? I'm guessing that that huge drop to .001 a couple months back was that last fund who got denied by the judge on their objections, and they just said to heck with it and dumped. Again, just a guess.

    If that entity has continued to buy up shares at these low levels the past 2-3 months, there might only be a few million left out there in play. 500K-750K shares a day eats it all up quickly.

    So just curious if anyone else has a guess as to how many common might be around uncontrolled. If small, maybe they do end up throwing us a bone with a few strands of meat left on it. Doubt it, but I've got nothing else to do with my time right now, so my mind is trying to conjure up avenues of hope.

    glta.

  • Reply to

    Who's buying now?

    by behindanymelines Apr 5, 2016 2:37 PM
    behindanymelines behindanymelines Apr 5, 2016 5:20 PM Flag

    As i repeat myself. Wow!!! 2.3M shares today. At ave of .0095 this would have cost appprx $21k, where as just a couple months ago they could have gotten the same shares for apprx $3K-$3.5k. And the known news nownis worse than what was known then. Doesnt make sense. Unless someone wants the rest of the common. Do they know something? Hmmmm Any good answers? $3K aint a big deal but jumping into $20K-$30K-$40K at this time is a nice chunk of change.

  • behindanymelines by behindanymelines Apr 5, 2016 2:37 PM Flag

    Just a couple short months ago this was trading at .001-.002. I would have thought all the new gamblers would have bought in at those levels. Now 1-2 months later this is trading at 500%-1000% higher. Yes, it's still extremely low but it's just strange that volume is staying fairly aggressive 500K-750K a day, and even up to 3.5M that real busy day a short time back. So who's buying. Per otcmarkets the short covering hasn't taken place still basically the same as of 3/15 from the past number of months.

    Does someone know something and trying to buy up the rest of the common float on the dirt cheap? Usually those buying these types of stocks at these levels like nice returns.

    So what's going on and who's buying? What do they know?

    Just a bit crazy why anyone would be buying now, with the recent news that has been released. I'd have thought it would have tanked and gone to zero.

  • Reply to

    Still sitting on a bunch of common !

    by minustide Apr 4, 2016 1:25 PM
    behindanymelines behindanymelines Apr 4, 2016 2:31 PM Flag

    Are you asking if someone still has a lot of common to sell that you'll take off their hands, or are you stating you're still sitting on a bunch?

    Me, yes, I have a lot of shares, but pretty much not for sale at this level. Just playing the waiting game. Unless of course, someone wants to make me a very nice preemptive strike price. :)

KGET
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