1847 Holdings LLC (EFSH)

[bransteff]

Agreed. Perma short set up trade

[John_Vallay]

I am eager for Sept 11 - as soon as the reverse stock split is done I am going to short this stock because it will go down so much so quick. I can only hope I get my short trade execution in as quickly as possible.

[bar1080]

This board has been wall-to-wall shills since Day One. Run from this rubbish!

[bar1080]

So predictable. Sorry guys.

[Surfacetite]

https://finance.yahoo.com/news/1847-holdings-announces-1-25-203000826.html

[pinkslipjunkie]

Where are you seeing that...did they even vote it in yet?

[Surfacetite]

Ouch.

1847 Holdings Announces 1-for-25 Reverse Stock Split

[DD-214]

You’re hilarious.. I bought 475k average .103 and sold all above .16.. I’ll help you with the % ROI which is 60%++.. to bad for your massive losses, keep crying in your cereal moron..

[John_Vallay]

The stock is up 2 cents and some people think that is great ?????

The stock is at 12 cents down from $3.00 less than a year ago !!!!!

Management issued a press release saying that they restructured the promissory notes - I hope you all understand that the new terms may be worse than the current terms, which were terrible!!!!!

I am in AWE that some people are happy and think the stock will go up, and it makes me laugh when I see a stock go up 2 cents and people are thrilled and think its the beginning of a run.

I feel sorry for so many on this board and I am going to have to stop posting here because the only people that made money are the ones that shorted EFSH and know that this stock is heading to 0001

Good Luck and I feel pity on many of you

[DD-214]

Try awesome, up 75% at the high, congrats to the buyers the past few days.. round 2 may be close as well..

[pinkslipjunkie]

Yes indeed it was

[Iron heart]

Nice day!

[DOGONE]

NO..Bottom is in and we now go up.

[Surfacetite]

Is run over?

[TheFinalCD]

$EFSH https://www.reddit.com/user/goldmanspacs_/comments/166eqd3/efsh_has_serious_potential/

[TrendTrade2016]

BACK IN 14C BREAK..HERE COMES 20C

[TrendTrade2016]

ALL OUT...CDS RINSING

[TrendTrade2016]

EFSH..BREAK THAT 14C

[TrendTrade2016]

EFSH...VOLUME COMING IN...21C ABOVE

[Sunset Kid]

Added a few here.

[John_Vallay]

EFSH hires Shareholder Intelligence Services many months ago to look into illegal stock trading.

On August 14 they issue a press release about their ongoing efforts into illegal stock trading.

On August 25 they issue a press release regarding dilutive conversion of warrants that they actually admit will be detrimental to the stock. Keep in mind they signed and entered into a deal with the warrants.

Which one is - is it illegal trading or bad management that signed and entered into toxic capital raises.

On November 28, 2022 I issued a post on this message board that EFSH was a bad investment. That was when the stock was $2.75 a share.
About a month ago I posted that EFSH was a bad investment when the stock was 20 cents.

At 11 cents it is still a bad investment in my opinion because they entered into a prior deal with Mast Hill and based on the deal terms EFSH is probably heading to 0001 a share.

So EFSH management issuing a press release about illegal trading and then issuing a press release that dilutive warrants will be detrimental to the stock price is contradictory and shows management has no idea on what it takes for a public company to get stock price increase.

[Iron heart]

Boost Short term is Not bad?

[pinkslipjunkie]

Why Schedule 13D is important to investors

A 13D filing, sometimes called a beneficial owner report, is required when a shareholder acquires more than 5 percent of the outstanding shares of a company.

Why Schedule 13D is important to investors
The Schedule 13D filing can be useful for other investors because the filing requires the acquiring owner to give the purpose of the transaction. Sometimes activist investors can acquire a stake in a company in an effort to influence management to pursue a new strategy or capital allocation plan. They might even be pressing the company to sell itself, which could give the stock price a boost in the short term.

You’ll have to decide for yourself if you agree with what the activist is pushing for and whether the company is likely to agree to it. Often, companies end up reaching some sort of compromise with investors and may agree to part of what they’re asking for, but not all of it

Link to where I got this info: https://www.bankrate.com/investing/sec-filings-stock-investors-should-know/#:~:text=The%20Schedule%2013D%20filing%20can,strategy%20or%20capital%20allocation%20plan.

[Iron heart]

$EFSH

$EFSH CEO Roberts Ellery bought 75k shares for $9.5k (ownership up 15.91%)https://t.co/3cDNZCOZZq pic.twitter.com/rCc1U6kYCE

— InsiderPeek (@InsiderPeek) August 23, 2023

[Iron heart]

$EFSH https://twitter.com/StrategicRisk1/status/1694330125003657398?s=20

[Iron heart]

$EFSH Chart

[Iron heart]

$EFSH insider seems to be preparing for a run!

https://www.otcmarkets.com/filing/html?id=16872440&guid=NWN-kqm775Ur5ih

[Iron heart]

$EFSH CEO Acquired Common Shares!

https://www.otcmarkets.com/filing/html?id=16884869&guid=NWN-kqm775Ur5ih

[pinkslipjunkie]

Wrong board.

I agree...might be a post split runner.

[bar1080]

Down and down and down. Now at 0.113!

[pinkslipjunkie]

I agree...might be a post split runner.

[PENNIEStoSTACKS]

Look like this one could POP big with the right NEWS https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172657768

[pinkslipjunkie]

Looks like another inside purchase of shares today.

[John_Vallay]

The company issues a press release this week talking about some inappropriate stock trading which I guess they are blaming on the stock price decline.

What about this disclosure that they made recently, ANY CHANCE THAT IS THE REASON THE STOCK WENT DOWN

Item 2.04 Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.
As previously disclosed, on February 3, 2023, 1847 Holdings LLC (the “Company”) issued a promissory note in the principal amount of $104,000 to Mast Hill Fund, L.P. (“Mast Hill”) and a promissory note in the principal amount of $500,000 to Leonite Fund I, LP (“Leonite”). These promissory notes (the “February 3 Notes”) are convertible into the Company’s common shares only upon an Event of Default (as defined in the February 3 Notes).
On August 4, 2023, the Company received notices (the “August 4 Notices”) from Mast Hill and Leonite that an Event of Default has occurred under the February 3 Notes for failure to make certain payments when due. Notwithstanding the foregoing, Mast Hill and Leonite agreed that they will not require any payments in cash for the over-due amounts or accelerate the payments due under the February 3 Notes for a period of 60 days. Since an Event of Default has occurred, Mast Hill and Leonite have the right to convert the February 3 Notes, including the over-due amounts, into common shares at their election.
As previously disclosed, on February 9, 2023, the Company issued a promissory note in the principal amount of $1,390,909 to Mast Hill and a promissory note in the principal amount of $1,166,667 to Leonite. These promissory notes (the “February 9 Notes”) are convertible into the Company’s common shares only upon an Event of Default (as defined in the February 9 Notes).
On August 9, 2023, the Company received notices (the “August 9 Notices”) from Mast Hill and Leonite that an Event of Default has occurred under the February 9 Notes for failure to make certain payments when due. Notwithstanding the foregoing, Mast Hill and Leonite agreed that they will not require any payments in cash for the over-due amounts or accelerate the payments due under the February 9 Notes for a period of 60 days. Since an Event of Default has occurred, Mast Hill and Leonite have the right to convert the February 9 Notes, including the over-due amounts, into common shares at their election.
As previously disclosed, on February 22, 2023, the Company issued a promissory note in the principal amount of $878,000 to Mast Hill (the “February 22 Note”). The February 22 Note is convertible into the Company’s common shares only upon an Event of Default (as defined in the February 22 Note).
On August 10, 2023, the Company received a notice (the “August 10 Notice”) from Mast Hill that an Event of Default has occurred under the February 22 Note for failure to make certain payments when due. Notwithstanding the foregoing, Mast Hill agreed that it will not require any payments in cash for the over-due amounts or accelerate the payments due under the February 22 Note for a period of 60 days from August 9, 2023. Since an Event of Default has occurred, Mast Hill has the right to convert the February 22 Note, including the over-due amounts, into common shares at its election.

I guess Ellery Roberts wants to blame some type of manipulation, and just avoid discussing or noting the default that 1847 is facing.

I guess Ellery doesn't want to disclose the discount to market convertible notes that he has entered into.

It's easy to blame someone and everyone else, but the blame should be with Ellery and all his decisions because anyone with some knowledge of convertible notes knows that most public companies that enter into these types of convertible notes almost always end with a stock price decline.

I never manipulated EFSH stock, I just knew it was going to decline because of the balance sheet and convertible notes that they entered into with Mast Hill.

What a waste of EFSH time and money doing an investigation into stock manipulation. And even if he was right and there was stock manipulation, there is no recourse or anything that EFSH will get back.

Stock is down and that is all there is to it. TAKE RESPONSIBILITY FOR YOUR ACTIONS ie entering into toxic finance deals and not being able to pay off your debt.

[John_Vallay]

November 28, 2022

my mistake

i make many clerical mistakes, but no mistakes with investments and investment decisions

[fishnman]

I think you have the wrong date. JMO

[FullonNorth]

$efsh Q earning August 14th after market

https://www.accesswire.com/773311/1847-Holdings-to-Provide-Business-Update-and-File-its-Quarterly-Report-for-the-Second-Quarter-of-2023-on-August-14th-Post-Market

[bar1080]

Where did you get these numbers? BTW, EFSH is listed on the NYSE American.

"68% of Nasdaq companies get delisted within 5-years
62% of NYSE companies get delisted within 5-years
94% of OTC companies have a declining stock price every 12-months."

[John_Vallay]

On November 28, 2023 - on this message board POST #79, I posted that I am selling my stock.

Since my sale at $2.69 the stock has gone down to .18 cents a share.

There are many reasons for the stock decline and I have posted those reasons on this message board numerous times.

This company is heading to 0001 a share and there is little that can be done because Ellery Roberts does not understand how the stock market works and what it takes for a stock to increase.

68% of Nasdaq companies get delisted within 5-years
62% of NYSE companies get delisted within 5-years
94% of OTC companies have a declining stock price every 12-months.

We see the righting on the wall and that means EFSH will be delisted very very soon and onto the OTC and we all know what that means.

As for insiders buying the stock, it hasn't helped and anyone that thinks it will help does not understand investing.

Ellery and his minions need to be bold and creative if they want to save their Nasdaq listing and see the stock increase.

Positive posts on a message board are just that - words with little to no meaning

[AJ Freely]

$EFSH - 👆Up 9.6% Pre-Market/ Current Price $0.22
Insider buys the last 10 days

[diskman]

Let's roll

[SittingPretty]

Quit bothering me, thank you

[John_Vallay]

You should do your own due diligence by reading all SEC filings by EFSH. Making a decision based on my post is not the way to make investment decisions.

There have been a number of filings by EFSH regarding the Mast Hill convertible note, but here is one paragraph that shows a 20% discount to market:

The Note is convertible into common shares at the option of the Purchaser at any time on or following the date that an event of default (as defined in the Note) occurs under the Note at a conversion price equal the lower of (i) $4.20 (subject to adjustments) and (ii) 80% of the lowest volume weighted average price of the Company’s common shares on any trading day during the five (5) trading days prior to the conversion date; provided that such conversion price shall not be less than $0.03 (subject to adjustments).

Like any convertible notes, there are a number of stipulations and different discounts to market.

They also have warrants issued to Mast Hill which impact the share price or issuance of shares at a discount to market.

Bottom line is that everyone should do their own due diligence and read the SEC filings in their entirety, and under no circumstances take my wording and posts as being 100% accurate.

It must also be noted that EFSH did another capital raise this month. They issued a press release on July 14 and I do not know the terms of that deal so it would be important to get those details before making an investment decision.

In the last 10Q filed May 16 it shows EFSH has $24.8 million in convertible notes. I do not know all those details to repayment or issuance of shares and at what discounts to market price.

[SittingPretty]

I gave up for now. Sold my position after that post. With the recent disclosures, I will watch for the right entry back in. I appreciate your information though.

[John_Vallay]

Why do you think the stock will go up?

Do you not know Mast Hill is receiving shares at a 35% discount to market. That is THIRTY PERCENT DISCOUNT TO MARKET. And they will continue to get that discount to market until total loan is paid off.

That means EFSH will continue to give Mast Hill shares at a discount to market for a very long time, because Mast Hill will never be given more that 4.99% of the outstanding shares at any one time.

What that really means is that if EFSH stock is 20 cents on Monday, EFSH will have to issue Mast Hill shares, up to 4.99% of the outstanding shares at 13 cents.

Mast Hill can sell shares into the market, and as long as they sell shares at or above 13 cents they make a profit. Then when those shares that they received are sold, and the price declines to lets say 13 cents, THEN EFSH HAS TO ISSUE MORE SHARES AT THE 35% DISCOUNT TO MARKET, WHICH IF EFSH IS 13 CENTS, THE DISCOUNT TO MARKET PRICE IS .085 cents a share.

Mast Hill will be given ADDITIONAL SHARES, up to 4.99% of the outstanding shares, at .085 a share, and they will see EFSH into the market and this will be a never ending process until EFSH gets to .0001, of they do a reverse split, which then the shares are issued at a 35% discount to market based on the higher stock price.

It's called a DEATH SPIRAL because it is a TOXIC FINANCING.

So I ask you one more time - why do you think EFSH stock will go up???

[diskman]

Dip & Rip.

[SittingPretty]

$EFSH offering ends today. With positive volume, the daily PSAR will flip then stabilization should occur, preferably upward lol.
(today was horrible in microcaps!)

[bar1080]

Hilarious dump!!!!!!!!!!!!!!!!!

[bar1080]

"2 Mutual Funds That Use Technical Analysis … to Disastrous Results
Seeing an actual track record should give pause to TA advocates"

No, TA isn't probably going to help you with a rubbish stock like EFSH
Click link to read the article:.
https://investorplace.com/2012/08/2-technical-analysis-funds-2-disastrous-results/#.WklfCd-nHyQ

[bar1080]

Nope, no computer in Buffett's Omaha office. Look.

Next question:: where are the Technical Analysis mutual funds? They don't currently exist. Some have been tested over the decades but they quickly shut down when their performance lagged cheap, simple index funds.