Entrada Networks Inc (fka ESAN)

[Stock]

12(j) Registration Revoked by SEC**

13:02 ESAN Entrada Networks, Inc. Common Stock 12/6/2010 100 12(j) Registration Revoked by SEC**

http://otcbb.com/asp/dailylist_detail.asp?d=12/03/2010&mkt_ctg=ALL

[Renee]

SEC Administrative Proceeding :

http://www.sec.gov/litigation/admin/2010/34-63297.pdf

[dannytwins]

Once again an absolutely comical trade for under a dollar? Who makes a trade like this and why?

[dannytwins]

Are these buys and sells a total joke? Less than a dollar. It costs eight to ten bucks to even make a trade. Who's the clown?

[Estrella]

ESAN Level 2:
.0075, .05(3), $2.00!!!

GLTU!!!

[dannytwins]

Somebody put down a little bit of money. Could this shell actually run? Stranger things have happened.

[Estrella]

ESAN @ .0075!

[dannytwins]

Wow, someone spent 30 bucks.

[Estrella]

ESAN @ .003!

[Estrella]

ESAN @ .002!

[Estrella]

ESAN @ .0017!

[dannytwins]

What happened? Did someone push the buy buttom by accident?

[dannytwins]

The only way this shell will fly is is some board such as money runners has all their guys buy up the float. This shell which is essentially worthless can only go up under that scenario or also if some company purchases the shell. I put a couple hundred bucks on it for that reason. It was a real shot in the dark and so far that shot is hitting nothing buy air.

[WishingWell31]

when will we fly

[WishingWell31]

we are green whats up

[WishingWell31]

i am to

[HDOGTX]

Reporting Standard: U.S. Registered & Reporting: SEC Filer, now new filings since 2005, dangerous to play with, SEC been revoking these types like wildfires!

[dannytwins]

i am the only shareholder left. Holding the bag...next?

[WishingWell31]

so whats been going on here

[dannytwins]

Could be next shell to run. Look at EKWX. Dormant for years and then caboom.

[dannytwins]

Someone spent a few thousand this afternoon. Wonder if something's up?

[Dickie Randall]

looks like somebody just spent part of the tip for lunch on 375 shares.

[dannytwins]

Who said I bought it?

[garydgrayii]

HAHA...I am just wondering why this is trading at all. Who would buy this?

[HSP_Group]

Only 13mil shares outstanding here so did you create your own? lol

[dannytwins]

I hope your not serious.

[garydgrayii]

Down 13%?!?!?!?!?!? I have 27MM shares. I can't believe this keeps dropping. Can someone call the CEO and find out what's going on? I heard he was in the Caymans with the money he bilked from investors 5 years ago.

If anyone is selling their shares, I am buying. This could skyrocket sooooooooon!!!!!!!!!!

[dannytwins]

Reverse merger coming up. Watch for the news. This will explode again.

[garydgrayii]

Can't believe it dropped today. With financials as strong as this company has, I would have expected this to be a 10 bagger. Maybe management will turn it around tomorrow. We should see $.10 tomorrow. Hang in there, guys.

HAHA

[Scootter82]

1 MM @ .007 then nothing till .05

[Akuma]

ESAN so thin, just a little buying pressure and this will sky rocket

[WishingWell31]

i new it was to good to be true

[mike730]

ESAN Let's go!!!

[Estrella]

ESAN @ .019!

[WishingWell31]

10000 premarket

[mike730]

ESAN 0.0185 x 0.019

[WishingWell31]

that would be nice only acouple more hours before opening bell

[HSP_Group]

LOL. I am thinking that this could be a reverse merger play. Lets see. Could be a bet that pays off big in the end.

[garydgrayii]

Looks pretty solid...

Retained earnings of negative $54MM as of Apr 05.
Negative cash (5 years ago).
The good news is that they cut their losses from $1.5MM in 4Q04 to $0.8MM in 1Q05.

Thinking I can pick up 5MM shares tomorrow.

I wonder how fast Estrella will delete this post. Ready... GO!

[mike730]

ESAN looks like a stock that everyone needs to invest in. This stock has only 13 million outstanding shares and the recent trading activity leads us to believe there is a reverse merger rumor in the air. These types of picks can bring HUGE gains for investors. When Private companies try to go public fast they sometimes merge with stocks like ESAN and make everyone huge % returns. ESAN is a Monster and I think we will see gains of up to 1000 percent. IMHO

[azbowhunter1222]

Yes, what is the A/S, O/S, Float.

Why the 400+% jump in the past 3 days?

[WishingWell31]

Estrella your the mod for this stock give us some details on the stock

[Scootter82]

nice!

[Estrella]

ESAN @ .018!

[Estrella]

ESAN @ .0097!

[buxmaker]

You must be new to the penny stock market. Quite a few of the stocks traded on the pink sheets are empty shells, meaning the operating company that once existed has long since folded. These shells are, in certain cases, great vehicles for private companies with operating businesses to merge and instantly become public companies.


Investors who buy in prior to the mergers can make a fortune.

Often you see buying ahead of such announcements giving investors a hint of what is to come.

I for one am hoping that we are seeing such front running here.

These deals are high risk, because if nothing positive is afoot, the volume eventually dries up and the stock price dives.

I have no info on this one, but I like the way it is trading and will take a chance that something will come of it.

Good luck to all,

BUX

[Scootter82]

weird

[dijeetyet]

The entity exists. IE: the stock and the stockholders still exist.
So ESAN is a shell that might be registered as a company in Delaware (But I'm to cheep to spend the $20 to find out).
There should be a majority holder somewhere ------maybe old owners or maybe someone who they owed money to.

[Scootter82]

how does a company continue to trade if they no longer exist? just curious because I bought into this today, lol

[dijeetyet]

Shell ------- everybody quit July 2005
Still shows up in Delaware listings
https://delecorp.delaware.gov/tin/controller

ITEM 2.04. TRIGGERING EVENTS THAT ACCELERATE OR INCREASE A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF BALANCE SHEET ARRANGEMENT

The board of directors of Entrada Networks have been unable to re-negotiate its secured lending arrangement with its chief lender. Given this and since the Chief Technology officer and the Principal Accounting Officers have resigned, the Board has determined that the Company is no longer viable and has voted to cease operations of Entrada Networks and its subsidiaries Rixon Networks, Inc., Sync Research, Inc., Torrey Pines Networks, Inc., and Microtek Systems, Inc. effective Friday July 22, 2005.


ITEM 5.02. DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS.

Our Chief Technology Officer, Raj Ganti, and our Vice President of Finance and Principal Accounting Officer resigned on July 18, 2005.

Also effective today, our entire board of four (4) directors has resigned including the Board Chairman, President and CEO, Kanwar J. S. Chadha, Vice Chairman and Secretary, Davinder Sethi, Rohit Phansalkar, our Compensation Committee Chairman, and, Leonard Hecht, our Audit Committee Chairman.