I didn't just watch the $UGIZ interview. I transcribed it, read it, and this is the most important part of it imo: the joint venture model for Crossfield Energy. These are my thoughts on 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..
1
3
412
$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.
6
436
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_
2
2
558
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
2
361
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
8
553
$UGIZ is settling & restructuring debt. We know 150m was allocated for this purpose. So seeing the share structure increase is no surprise. In Venezuela, well reworks will run between $250k to $1m each. Do the math. Even if the SS increases by another 400m, it's still undervalued
1
5
553
$UGIZ oil services in Venezuela sets Crossfield energy as an 02 plus stock if they would quit just f****** around. If Oscar would have just gotten a deal where the debt was settled or canceled this thing would be a hell of a lot higher. There is big money in the energy sector
2
4
523
Oil service co's will be charging a lot for work in Venezuela. You're looking at a co that's going to be valued at well over 20M. So just do the math. $UGIZ will work through this price range and break 01. We just have to work through old insiders, scumbags, the typical crowd.
223
"AO Capital Partners prioritized the restructuring and conversion of a significant portion of the legacy convertible debt"
Significant portion ? I thought all the debt was locked up at 01?
Congratulations to Javier.
Sounds like the debt is not fully cleared. $UGIZ
1/2 JL-112 originated with Dr. Alvin Pettle’s work at $HADV. HADV and Dr. Pettle created a special entity to pursue FDA approval and commercialization. JASTLabs is now advancing the drug through patents, regulatory development and commercialization. HADV has an economic interest.
1
2
357
2/2 JASTLabs carries a stated $160M val and is allocating 10% of $75m toward $HADV, receiving preferred shares. 5 Pettle linked individuals have positions across the 2 co's, from JAST co-founder & HADV lead scientist to noteholders. HADV's economic interest worth? 10% of $160m.
The problem is OTCN. Because Oscar is dangling a carrot. But as this is delayed, that carrot keeps on getting smaller and smaller as the share structure expands. He pulled this same stunt with GNIS. dangled the carrot while the share structure expanded.
$UGIZ
$UGIZ Patience is a virtue and our shareholders have shown plenty of it. Thank you. The UGIZ transaction remains firmly on track, most open items have been resolved, and we're working through the final steps. We'll announce as soon as it's formally done. Almost there.
197








