Hope you feel better toooo. Have a glass of wine when your battle is over.
the share increase is for the disaster save, there is a problem they have made the quotas they need the additional for the split to save it. Loose your #$%$ two days before the split put in a buy lets say 50,000 shares add 12% value and put your sell in for 85% of the shares the day of the split. always a jump that is the min. its a computer buy danger for day traders Kill It. save the 15% for a 25% or higher jump.
November 19, 2015
Royale Energy, Inc.
3777 Willow Glen Dr.
El Cajon CA 92019
Matters to be Voted on:
An amendment to our amended and restated articles of incorporation to increase the number of authorized shares of our common stock from 20,000,000 to 30,000,000;
An amendment to our amended and restated articles of incorporation to effect, at the discretion of the board of directors, a reverse stock split of all of the outstanding shares of our common stock at a ratio of not less than 1-for-1.5 and not greater than 1-for-5 shares; and
T he transaction of such other business as may properly come before the meeting and any adjournment thereof.
Who May Attend and Vote at the Meeting
Shareholders of record at the close of business on September 30, 2015, and valid proxy holders may attend and vote at the meeting. If your shares are registered in the name of a brokerage firm or trustee and you plan to attend the meeting, please obtain from the firm or trustee a letter or other evidence of your beneficial ownership of those shares to facilitate your admittance to the meeting.
This proxy statement and the accompanying proxy form are being mailed on or about October 16, 2015, to shareholders entitled to vote at the meeting.
By Order of the Board of Directors,
Chief Executive Officer
Date: October 16, 2015
The second notice is what going to screw the stock holder, sell before the reverse split arrives.
sure, they have private money involved with a little more control. problem is you have to catch all this action on the pink sheets
Up and above the original number needed too save it from delisting. Problem is they will sell 10 times that amount than reverse split
they are selling the #$%$ out of it
It appears new deep pocket investors may be moving in, I would recommend, Buy this stock for a quick 20% profit if not more
Sentiment: Strong Buy
John this 2nd notice could take 4 months, the first notice is where the problem is. currently they have not satisfied the sale of shares to conform on the first notice. another problem concerning the first notice they can not do a reverse split to take royl into compliance on the 2nd notice. what they need is some news solid investments and I believe the stock could see 2.00. the sector is hurting in a whole. granted a lot of smaller companies are closing shop. Management could pull of a miracle. Royl is not being transparent in any way. again who wants to invest in a company with no Plan. this is a day trading stock at this point. I treat it as much
Steps going down in that chart form is not gooooood
with all the big boys pulling out and no new buyers holding, sure would like to see some fluffy puffy news to help these happy to own the stock bag holders. LOL
We need some news to bring the stock up to levels acceptable for nasdaq, there has to be some investors out there to buy 3,000,000 shares and hold them, next they need to fix the broken Alaska project, gas this winter in ca could in high demand, absolutely no hydro for electricity, el nino could be el fizo . in a good faith effort the management could take a 60% salary reduction.
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Deficiency Market Notification Date
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