SAExploration Holdings Inc (SAEX) News

SAEXQ: SEC Obtains Final Judgment from Former Executive for His Role in $100 Million Accounting Fraud

https://www.sec.gov/litigation/litreleases/2023/lr25700.htm

Judgement: Jeffrey Hastings

https://www.sec.gov/litigation/litreleases/2023/judg25700-hastings.pdf

Dismissal Order: Lori Hastings

https://www.sec.gov/litigation/litreleases/2023/order25700-hastings.pdf

Dumb heads like SEC?

https://www.sec.gov/litigation/litreleases/2020/lr24988.htm

lol..

https://www.sec.gov/litigation/litreleases/2020/lr24988.htm

SAEXQ: BK PLAN effective. All shares cancelled.

https://otce.finra.org/otce/dailyList?viewType=Deletions

Got it, thanks.

Look on the OTC Daily List

https://otce.finra.org/otce/dailyList?viewType=Deletions

This should not be a surprise to anyone. SAE made it very clear in last week's 8-K that announced the Bankruptcy Court's confirmation of the Plan that all common shares were being cancelled.

"The Company’s existing (i) common stock, (ii) Series A Warrants, Series B Warrants, Series C Warrants, Series D Warrants, Series E Warrants and Series F Warrants to purchase common stock of the Company and (iii) right to receive additional Series A Warrants, Series B Warrants, Series C Warrants, Series D Warrants, Series E Warrants and Series F Warrants to purchase common stock of the Company (collectively, the “Company Interests”) will be extinguished, and holders of Company Interests will not receive or retain any distribution, property or other value on account of or consideration in respect of their Company Interests."

https://www.sec.gov/Archives/edgar/data/1514732/000119312520315178/d97733d8k.htm

Cancelled? Could you post the link for it? Today is the last trading day? Thanks.

Stock has now been cancelled. Today will be the final day of trading before it disappears forever.

Looks like the actual bid/offer have now disappeared, so it is probably too late to bail out. Whoever bought the stock today has a 100% loss. That is difficult to do outside of a casino.

https://www.sec.gov/litigation/litreleases/2020/lr24988.htm

SAEXQ may get suspended and revoked with Huge frauds. Pump and dump and escape!!!

May see a buck today ?

She is alive ?????

$100 million accounting fraud is quite outrageous. If convicted the perps deserve lengthy prison sentences and full disgorgement of illegal gains from the frauds.

SEC Charges Seismic Data Company, Former Executives With $100 Million Accounting Fraud

https://www.sec.gov/news/press-release/2020-251

SAEX changed to SAEXQ, bankruptcy.

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

Wake up news. Chap 11.

I love these market makers. Saw this AH yesterday at $1.40. I didn't even look for the reason before grabbing 2k at $1.50. Then after I saw the reason, J was lucky to get 3k more at $1 43 avg. There's no hard and fast rules to this business. Just grab the opportunities. That move has netted $900 today!!!!

SAEX delisted from the Nasdaq to the OTC:

https://otce.finra.org/otce/dailyList?viewType=Additions

* * $SAEX Video Chart 05-08-2020 * *

Link to Video - click here to watch the technical chart video

good short above $2


and shockingly TDA had shares

Why idiots don't get that moving from one exchange to another, OTC included, may be immaterial given the circumstances of each company. It is actually great for SAEX and TRNX...as they save all those costs for being in bigger exchanges. Only dumb heads like AIKI MMs can short on such news.

Getting delisted and ppl still want to poke it love it

LMFAOO....more gain if you loaded at the $1.20s. Nice. It will still retest $3.50 and more. Heavy projects here.

SAEX 1.02 delisting notice

LMFAOO. Brought these fools here yesterday. They sold it AH st $1.90s. I loaded. See me now. Still $3 and beyond

* * $SAEX Video Chart 04-22-2020 * *

Link to Video - click here to watch the technical chart video

Hol6iut for another hit on $3 today or AH. I already have three bames that need these profits badly. That way...I'd be having it both ways.....from the front and from the back end. Awesome!!!

SAEX big dip





keekee is back

That's a valuable experience you gain by playing SAEX over time. You learn that it pops about two or three months and goes parabolic. You must take profits as the dumb shorts always cover and start shorting again. So, you restart buying lower and lower and waiting.....lol

Earlier premarket some idiots were selling at $1.90s. I took out a bunch on those. Got $0.72 per share on those buys. The o that we are rejecting, became my cornerstone today!!!

It was great. Had to sell whatever I held above $2 for great gains. Buying back slowly now.....

"To put the deal in context, the company recorded revenue from services of $255.2 million in 2019, up from $98.7 million in 2018."

Haha same old repeat cycle ?? Imo

Funny I added another 1000shares for the hell of it two days ago looked awful cheaper pass up

Great pop history will repeat once again though

SAEX 3.20

SAEX 2.83

444 volume


lol

$27M contract 8-K out

SAEX

SAEX 1.54 $27M CONTRACT NEWS

* * $SAEX Video Chart 01-24-2020 * *

Link to Video - click here to watch the technical chart video

The extended hour trading over compensated for the news, went up to around $4. I grabbed some initial shares around $3.70 AH and then a few this morning to average down. Hope it moves up more.

Okay I see how the company raise the Funds to pay $14 million in debt the company sold their Alaska slope sesimic library datasets to a third party. They've more capital. Plus a $42 million dollar work orders contracts to last 71 days.

How did the SAExplorations Holdings pay $14 million in debt when they only had $9 million in CASH. I Want my money back. SEC Help us shareholders.

What in the fuk is going on Flip. Don't a stock suppose to go up on amazing news on Open Bell, but instead SAEX tanked on opening bell. A $42 million dollar work order to last at least 71 days, and paid $14 million in debt. with only 4.3 million outstanding shares low float. Something is wrong SAEX should be trading over $5 a share today. I hope this is a scam.

usually goes down that way here

SAExploration Shares Up 58% on West Africa Projects SAEX

6:08 AM ET 1/24/20 | Dow Jones

By Chris Wack

SAExploration Holdings Inc. (SAEX) shares rose 58% to $3.60 premarket Friday after the company said it was involved in two new projects in offshore West Africa.

The oilfield services company said the projects, valued at $42 million, are scheduled to occur primarily during the second quarter of 2020 and will last about 71 days.

Services to be provided will include 3D/4D data acquisition utilizing autonomous ROV-deployed nodal recording technology in water depths up to 1,700 meters.

SAExploration also said it recently sold certain Alaska North Slope seismic library datasets to a third party and used $14.5 million of the sale proceeds to reduce debt.

Write to Chris Wack at chris.wack@wsj.com

> Dow Jones Newswires

January 24, 2020 06:08 ET (11:08 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

$SAEX $3.20 on bid now, $3.26 Ask. Should be a fun opening this morning as folks chase it

In after hours yesterday, SSAEX share price went as high as 3.96 when the PR was released. Lets get $4 or better today.

Great news for SAExploration holdings. A $42 million work order to be did in South Africa. The work is expected to last for 71 days.