Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Looks like folks are buying our EFTB again today - $79K traded by 10AM ET.
Love chinese companies
I like the posts and the activity on this stock
The mystery continues to unfold...
we're back up to $3.68!
This has gone up 84% post reverse split! That's got to be one of the exceptions to the norm.
Yes, I wonder why as well. Whatever it is, some folks think it's good!
This is definately a chinese company.
Think about that as you take a look at the products and distribution opportunity. I don't know EFTB's revenue breakdown, but internet sales & marketing is exploding over in Asia.
There's easier and more 'storefront access' on the web than in bricks and morter.
Interesting that they decided to go public and get onto the US stock exchange. I wonder why?
You gotta wonder what the China connection is here. hmmm...
I notice that their website is in English, Spanish, and 2 forms of Chinese. Anyone know if one is Mandarin and the other Cantonese?
Yikes, they think pretty highly of themselves! LOL. But if it floats their boat, I'm not jumping ship!
Launched in Los Angeles 1998, EFT has won the support and recognition from consumers across America and throughout the world. With cutting-edge products, exuberant services and innovative consumer concept, EFT has impacted the world with such galvanic force that the concept of marketing has forever changed.
Mods, could you please update the I-Box with the following:
EFT website: www.ef2t.com/
Launched in Los Angeles 1998, EFT has won the support and recognition from consumers across America and throughout the world. With cutting-edge products, exuberant services and innovative consumer concept, EFT has impacted the world with such galvanic force that the concept of marketing has forever changed.
In the year 2000, Jack Qin, the charismatic president of EFT was accepted as a Life Member of The National Registry of, "WHO'S WHO" in America. In the year 2002, EFT was listed in "Better Business Bureau" in the United States. In the year 2003, EFT was also duly elected as the official member of the "U.S. Chamber of Commerce". In the year 2004, China honored the president as the "World's Outstanding Chinese", and issued "Personalized Stamp" to honor him as one of the "Top 100 Worldwide Outstanding Chinese Entrepreneurs". In the year 2005, he was presented the award for the "World's Outstanding Entrepreneurs in 2004", and received "the Metal of World's Outstanding Chinese". These special awards and the broad praise from consumers world over have further confirmed the fact that EFT is a well-known company with superb name-brand products and a celebrity president.
Yeah, wonderfully strange isn't it?
lol everday green im getting used to this hehe
just wish that we had some updates on revenues. I seem to recall there were some for the eft biotech site. Hmmmm....has anyone revisited their website recently?
Need to update this with some DD.
I don't know why folks are buying, but I think that those doing the buying are insiders and friends and family of insiders. If so, it bodes well, very well indeed.
What's amazing is we still don't have any news nor even a hint of news coming. No promises of something future from the CEO, nothing.
Yet someone or something has bought over $1 M worth of this stock single handedly in the past week.
Why?
3.64/3.68! ~ $372K traded to day! Go EFTB, whatever you are!
Looks like we've got a few sellers, too. That's OK.
Absolutely could happen.
Who knows, we may see $10 here someday ;)
Good question. Hopefully the big boys will keep coming to the plate!
Wonder if we see more huge buying today? We'll see...
Somebody just pumped another 28 grand into our baby - 8K @ 3.55. YIKES!
Gotcha. Yeah, this one definitely has some big gobblers!
I meant I have seen this here over the last week. I didn't mean another one that was similar. Interesting to say the least.
what happened in the ones similar to EFTB that you've seen?
I've seen this pattern. Someone gobbling up everyday--a lot
Strange and wondrous things going on with this one. The mystery continues to unfold...
Glad I kept this one. For a while there, I didn't even know I owned it LOL
I like that up above NITE and BKRT on the ask is UBSS at 2,000. Maybe he thinks we have a Berkshire Hathaway in the making. LOL
The revving of the engines has begun for the day...ask now 3.55
I've never seen one like EFTB in terms of the large size of the buys.
I've seen pinks with high volume and allot of transactions, but how many pinks do you see where single transactions are in the tens and hundreds of thousands of dollars?
I'm not green yet, but if EFTB keeps moving the way it has been, I will be. Something big must be brewing or these big buys wouldn't be flowing in out of nowhere. We shall see...
I'm surprised that there are few ihubbers waking up on this one, especially given how many boardmarks are here.
But something definately big is happening here. Very large blocks going through. I'm not sure if there is a bus loading, but if there is, don't miss it.
Many were discouraged with the huge reverse split here (myself included), but this is acting different than other RS's. I'm now green (on a small position) and it's getting better.
I wonder if there is some news in the pipeline?
This is INSANE! 14k shares bought at 3.35 in 3 trades. Ask is now 3.40! Go EFTB!
4700 buy @ 3.31 after a 6000 buy @ 3.28. Both of these after a possible sell of 450 @ 3.25, or someone just got lucky and bought at the bid. LOL
Yep, the Biggies are back - 17000 shares @ 3.28.
3.25 print on 1000 share buy. I wonder if the Big Boys will be back again today?
me too... but who's complaining:)
yes, but I bought all my shares after the date identified in the PR and mine still got r/s'd.
I'm going to guess that the correct number of outstanding shares shares is probably around 62,000,000 or so, if you accept their figure of 53.3MM being 87 % of the outrstanding shares.
Is the HMWM rs the one with the screwed up dates in which shares bought before a certain date were not to be split?
wow...float and OS are small, but that AS is huge. Need to watch this carefully.
I wonder what they are planning to do? They've been quiet since the rm and rs.
From EFTB's last PR:
EFT BioTech Holdings, Inc. Announces New Developments
Tuesday November 20, 11:57 am ET
Share Exchange, New Ticker Symbol and Management Team, and 2007 FYE Forecasts
CITY OF INDUSTRY, CA--(MARKET WIRE)--Nov 20, 2007 -- EFT BioTech Holdings, Inc. (formerly HumWare Media Corp.) (Other OTC:EFTB.PK - News) today announced the following:
-- On November 18, 2007, the Company consummated its previously announced
share exchange with EFT BioTech, Inc., a Nevada corporation engaged in
Business-to-Consumer (B2C) internet merchandising. Pursuant to the share
exchange, the Company acquired 100% of the issued and outstanding shares of
common stock of EFT BioTech, Inc. in consideration for 53,300,000 shares of
the Company's common stock, representing approximately 87.01% of the issued
and outstanding shares of the Company's capital stock on a fully diluted
basis. EFT BioTech, Inc. is now a wholly owned subsidiary of the Company.
-- That the ticker symbol for the Company's common stock on the OTC Pink
Sheets will change from HMWM.PK to EFTB.PK, commencing the beginning of
trading on Tuesday, November 20, 2007. The change is in connection with the
Company's name change from HumWare Media Corp. on November 7, 2007 in
contemplation of the share exchange with EFT BioTech, Inc. described above;
and
-- On November 18, 2007, the Company's Board of Directors appointed the
following persons to be the new executive officers of the Company,
effective immediately:
Person: Position:
Jack Jie Qin President
Tony Kwok-Man So Chief Operating Officer and Treasurer
Dr. Joseph B. Williams Secretary
Outlook for the Fiscal Year Ending December 31, 2007
The Company is also reporting its forecasts for the fiscal year ending December 31, 2007 based on its results for the fiscal year ended December 31, 2006 per the table below:
For the Fiscal year Ended December 31,
--------------------------------------
2006(a) 2007(b)
(Unaudited) (Projected)
------------------------ -----------------------
% of % of
($) Revenue ($) Revenue
Revenue
Sales $ 44,300,000 100% $ 88,000,000 100%
Costs of Goods Sold
Commissions (27,466,000) 62% (54,560,000) 62%
Product Costs (4,669,220) 17% (9,275,200) 17%
------------- -------------
Total Cost of Sales (32,135,220) 73% (63,835,200) 73%
Gross Profit 12,164,780 27% 24,164,800 27%
General and
Administrative
Expenses (G&A) 1,772,000 4% 3,520,000 4%
Other Income from
Operations 886,000 2% 1,760,000 2%
Net Income 11,278,780 25% 22,404,800 25%
------------- -------------
(a) Source: Unaudited financial statements for the fiscal year ended
December 31, 2006.
(b) Projected.
About EFT BioTech, Inc.
EFT BioTech, Inc. is a very unique E-Business Company designed around the concept of Business-to-Customer using the World Wide Web as our "storefront" and business platform. EFT's method of conducting business is for a customer to go online and join EFT as an Affiliate. Once the customer completes the necessary information for joining EFT, selects and pays for his/her order, he/she is then considered as an EFT Affiliate. From that time on, the Affiliate is allowed to receive a commission on the purchases made by others who he/she introduces to EFT and also on additional Affiliates who his/her Affiliate introduces to the EFT. EFT's website is www.ef2t.com.
From the HMWM pr about the reverse split:
The Company also announced that it will effect a 20,000 to one (20,000:1) reverse stock split of the Company's common stock on November 12, 2007 for the holders of record of the Company's common stock as of the close of business on October 27, 2007. As of the record date, there were 2,337,999,585 issued and outstanding shares of common stock of the Company. After giving effect to the reverse stock split that number will be reduced to approximately 118,662 issued and outstanding shares of common stock of the Company, rounding up for fractional shares.
From Pink Sheets:
Estimated Market Cap 187,446,114 as of Dec 10, 2007
Outstanding Shares 61,256,900 as of Nov 20, 2007
Authorized Shares 4,975,000,000 as of Nov 20, 2007
Float 7,720,133 as of Nov 20, 2007
hey, what's the share structure now, post R/S?
I know there was something funky going on around the time it was announced. Do you know, snowcloud? Or anyone else?
TIA
Followers
|
42
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
6808
|
Created
|
01/10/07
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |