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EDEN/ERCHF - Someone bought another $3300 today. Last week TWO 50,000 share buys for $30,000. I have seen NO sells.
http://www.edenresearchplc.co.uk/html/links/links.asp
http://www.reuters.com/finance/stocks/overview?symbol=ERCHF.PK
How does that list tie into ENCP? tia
http://www.cheminova.com/
Cheminova A/S a public corporation supplying plant protection products globally from its base in Denmark
http://www.redestos.gr/
Redestos - Efthymiadis Agrotechnology Group, a major Greek formulator, producer and distributor of plant protection products in SE European territories
http://www.griculture.co.ke
Lachlan Kenya Limited are exclusive marketing and distribution agents in East & Southern Africa.
http://www.zagro.com/singapore/
An agri-based public company, listed on the Singapore Stock Exchange, engaged in formulation, marketing and distribution activities.
http://www.eurofinsagro.com/
Eurofins | Agrisearch is a leading provider of scientific research services, product development consultancy and technical support to the crop protection industry
http://www.jsci.co.uk/
JSC International Ltd is a privately owned independent European consultancy company predominantly providing regulatory support to the agrochemical, biocides and chemical industries
http://www.battelle.org
Battelle’s services are ideal for agrochemical companies seeking to increase profitability by accessing additional product development expertise and/or novel technology
http://www.koppert.com/
Koppert is the international market leader in the field of biological crop protection and natural pollination
http://www.biosphereconsulting.com/
Biosphere Biopesticide Consulting is an independent company offering a range of services to facilitate the commercialisation of biopesticides and other 'reduced risk' crop protection technologies worldwide
http://www.i2lresearch.com/
i2LResearch Ltd is a leading European product testing and development centre for the pest control industry
http://www.pesticides.gov.uk/biopesticides_home.asp
Before any pesticide can be used, sold, supplied, advertised or stored it must be approved for use. These approvals are granted by the Pesticides Safety Directorate (PSD) on behalf of Ministers under a range of specific pesticide related legislation. PSD deals with the approval of agricultural pesticides (known as plant protection products)
http://www.edenresearchplc.co.uk/html/links/links.asp
Bid uptick .05x.20 .....et z
ENCP MM vol/price Aug 2006 - April 2009 Best Estimate
Aug 06 UBSS 206 .40
Sep 06 NITE 667 .40
Oct 06 UBSS 8,613 .40
Oct 06 NITE 100 .40
Nov 06 UBSS 8,499 .40 - .55
Nov 06 HILL 5,000 .40 - .55
Nov 06 NITE 2,766 .40 - .55
Jan 07 NITE 400 .40
Feb 07 NITE 1,000 .40 - .45
Feb 07 UBSS 1,000 .40 - .45
Mar 07 NITE 381 .40
Apr 07 NITE 5,334 Both .30 - .35
Apr 07 HILL 5,000 Both .30 - .35
May 07 NITE 21,399 Both .10 - .20
May 07 HILL 15,000 Both .10 - .20
Jun 07 HILL 5,000 MM buy .10
Jun 07 UBSS 2,133 MM buy .10
Jun 07 MSCO 2,000 MM buy .10
Jun 07 CARR 2,000 MM buy .16
Jun 07 STEW 2,000 MM buy .16
Jun 07 NITE 133 MM buy .08
Aug 07 UBSS 133 MM sell .08
Oct 07 HDSN 307 MM sell .08
Nov 07 HDSN 342 MM sell .08
Dec 07 UBSS 18,311 Both .05 - .06
Dec 07 HILL 5,000 Both .05 - .06
Feb 08 UBSS 100 MM Buy .03
Mar 08 UBSS 17,501 Both .015 - .02
Mar 08 HDSN 5,000 MM Sell .05
Mar 08 DOMS 413 MM Buy .02
May 08 UBSS 333 MM Buy .02
Jun 08 NITE 133 MM Buy .025
Sep 08 VERT 1,266 MM Buy .025
Oct 08 UBSS 1,266 MM Buy .03
Nov 08 CARR 15,475 MM Buy .02
Nov 08 STEW 166 MM Buy .04
Dec 08 CARR 25,588 MM Buys .0404
Dec 08 GNLN 10,000 MM Buys .025
Dec 08 NITE 4,000 MM Buy .04
Dec 08 UBSS 499 MM Buy .0404
Jan 09 NITE 3,000 MM sell - .07
Mar 09 NITE 5,320 Both - .07/1K .0215/4320(rrufff got lucky- MM sell)
Apr 09 NITE 19,665 MM sell .07 .20 .24
Apr 09 CARR 10,000 MM sell .07 .20 .24
Apr 09 DOMS 1,402 MM sell .07 .20 .24
Apr 09 UBSS 333 MM sell .07 .20 .24
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=ENCP&SortBy=volume&Month=5-1-2008&IMAGE1.x=18&IMAGE1.y=9
Very curious- April MM activity shows it has been NITE doing all the trading not DOMS based on L2. NITE and CARR. CARR clearly had some shares. Looking at the history NITE seemed to have 6K shares cheap
ENCP - ENERCORP INC
Page of 1
April 2009 March 2009 Year-to-Date
Volume Rank % Volume Rank % Volume Rank %
Total Share Volume 31,400
NITE
Knight Equity Markets, L.P. 19,665 1 62 5,320 1 99 27,985
CARR
Carr Securities Cp. 10,000 2 31 - - - 10,000
DOMS
Domestic Securities, Inc. 1,402 3 4 - - - 1,402
UBSS
UBS Securities LLC 333 4 1 - - - 333
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=ENCP&SortBy=volume&Month=4-1-2009&IMAGE1.x=20&IMAGE1.y=7
Who knows but it was a very strange trade!
MM games?
Very curious!
IHUB Shows 5K activity yesterday on 4/30 and yet pinksheets which showed 5K activity yesterday (but not a high or a low) shows the last trade as having been on 4/24.
Told folks that was a very weird trade yesterday!
http://pinksheets.com/pink/quote/quote.jsp?symbol=encp#getQuote
ENCP — Enercorp, Inc.
Common Stock
No Par
Pink Sheets Current
QuoteNewsChartsCompany InfoFilingsResearchShort InterestInsider Trans.
Inside QuoteBest Bid Best Ask Time of Last Inside Change
0.05 (5000 shares) 0.20 (5000 shares) 10:58 AM
Trade Data / Last Trade Apr 24, 2009Last Sale 0.20 Change +0.00
% Change +0.000001 Tick Down
Daily High 0.00 Daily Low 0.00
Opening Price 0.00 Volume 0
52 wk. High 0.24 52 wk. Low 0.02
Prev Close 0.20 Dividend 0.00
Yield 0.00 Beta Coefficient 0.64
MAY is Here! Yippee - Something big coming during this month! With the same OS and float this will move on air. If you breathe on it it will uptick!
ENCP another 5K bought today from DOMS - DOMS will be the one to watch when this starts its run!
The funny part is they tried hiding this trade all day! DFLY noticed this as well today!
NITE .05(5000) x 1.93(500)
CARR .04(5000) x .25(5000)
HDSN .02(5000) x .51(2500)
DOMS .01(5000) x .20(5000)
UBSS .0001(5000) x 2000(5)
AUTO .0001(5000) x 2(500)
2009/04/30 0.20 0.20 0.20 0.20 5,000 0.20
2009/04/29 0.20 0.20 0.20 0.20 - 0.20
2009/04/28 0.20 0.20 0.20 0.20 - 0.20
2009/04/27 0.20 0.20 0.20 0.20 - 0.20
2009/04/24 0.20 0.20 0.20 0.20 3,500 0.20
2009/04/23 0.070 0.24 0.070 0.20 - 0.20
2009/04/22 0.070 0.24 0.070 0.20 9,910 0.20
2009/04/21 0.070 0.070 0.070 0.070 - 0.070
2009/04/20 0.070 0.070 0.070 0.070 - 0.070
2009/04/17 0.070 0.070 0.070 0.070 - 0.070
2009/04/16 0.070 0.070 0.070 0.070 8,840 0.070
2009/04/15 0.070 0.070 0.070 0.070 - 0.070
2009/04/14 0.070 0.070 0.070 0.070 4,150 0.070
Wow, nice DD. That is a little surprising.
Would not be suprised if ERCHF really did have some substance behind it. Ever look at the list of top dollars traded in the entire OTC market?
http://www.pinksheets.com/pink/marketactivity/trade_stats.jsp
See that? 6 of the top 10 are greysheets. Only one of them are actually OTCBB.
Lots of great companies in the greys.
Very interesting indeed. Thanks for keeping an eye on ERCHF.
Royalties start in 2009 - Bayer competitor - too cool!
ERCHF market cap of $17M too and stock near all time low currently!
Botrytis disease control on infected grapes was assessed at 5 trial sites, again located in Southern Europe.
Efficacy data indicated that Eden product 3AEY performed better than Rovral® and Scala®, which is due to the enhanced flexibility of 3AEY application timing. In this case, grapes were sprayed up to 1 week prior to crop harvest, keeping Botrytis levels under control for longer.
Similar results were obtained following the analysis of disease incidence in untreated and treated grapevine plots at the 5 test locations. Compared with untreated plots, 3AEY reduced disease incidence by an average 78%, a greater reduction than that observed for Rovral® and Scala® (64% and 68%, respectively).
* Based on successful field trials, Eden is seeking regulatory approval for the use of product 3AEY as an anti-Botrytis treatment for use at a short pre-harvest interval, which will offer the unique advantage of late application for those growers suffering from Botrytis disease close to crop harvest.
* Eden also intends to offer product 3AEY for use on other soft fruits and leafy vegetables that can suffer from Botrytis rot. In these cases, it is proposed that 3AEY is suitable for post-harvest application, therefore protecting produce in the chain from harvest to plate.
* Eden is currently funding the development of a formulation to be used for distributing encapsulated terpene products by ‘fogging', which would be convenient for application in greenhouses and crop storage facilities.
* Preliminary trials conducted on strawberries, lettuce and sweet peppers have been encouraging and Eden plans to continue testing geographically by agro-climatic zone.
______________________________________________________________
Product Information
The active ingredient in Rovral® fungicide, stops fungi at several phases of development, including spore germination, mycelia growth and spore production. This multi-faceted attack provides consistent, reliable disease prevention while reducing the risk of resistance development in future growing seasons.
Always read and follow label instructions. Not all products are registered for use in every state. Please check with Bayer CropScience or your local Lead State Agency for product registration status. If you wish to find out if a product is registered in your state or for additional product information, send us an email or call 1-866-99-BAYER.
http://www.bayercropscienceus.com/products_and_seeds/fungicides/rovral.html
http://www.edenresearchplc.co.uk/html/products/botrytis.asp
http://www.reuters.com/finance/stocks/overview?symbol=ERCHF.PK
Yep but that was really cool seeing $30,000.00 - 2 50K buys of the stock which is going to be in the stock swap with ENCP.
It is rare to see any interest in a gray stock much less $30K in two buys.
Someone with some deep pockets must be involved to throw two $15,000 buys at it today!
ERCHF - Someone knows something is up!
Their product seems huge too!
no trades again.
thin.
someone bought $30,000.00 of ERCHF a gray sheet stock- Must be because they know something is coming with the 3-AEY product. Huge billion dollar market for pesticides that work.
ERCHF has a market cap of 17M $USD too!
Great to see them involved with ENCP just as they are getting ready to launch their product line.
aha you found it sweet thanks fer the info!)eom
Eden Research moving forward with 3-AEY - one of the stocks in swap with ENCP.
http://www.reuters.com/finance/stocks/overview?symbol=ERCHF.PK
http://www.edenresearchplc.co.uk/html/news/latest_news.asp
Update on product registration
Eden Research plc, a leading UK agrochemical development company, is pleased to announce the receipt of the Draft Assessment Report for its lead product 3-AEY from Pesticide Safety Directorate (PSD), the UK regulatory authority. This represents a significant milestone towards the EU approval of Eden’s lead product 3-AEY.
The Draft Assessment Report is the evaluation document for an active substance, for Annex I listing, prepared by the Member State (in this case the UK authority, PSD, taking lead responsibility). Other member states will, in due course, review the DAR as part of the EU wide Annex I approval system. This milestone is in line with the Company’s expectations in respect of conclusions and timing.
Tim Griffiths, the Chief Executive of Eden Research plc, said:-
“This is clearly a significant step towards commercialisation of our product pipeline and, in particular, our first product, 3-AEY. This sends an important message to the market that, not only is our technology commercially accepted, as proven by the agreements that we already have in place, but, its safety is now also acceptable to the regulatory authorities.”
Information relating to the regulatory process can be found on the PSD website (www.pesticides.gov.uk) or on Eden’s website within the ‘Product Areas’ section (www.edenresearch.com/html/products/RS.asp).
For further information:
Tim Griffiths, Chief Executive
Eden Research plc
Tel: 01993 868844
Matthew Robinson
FinnCap
Tel: 020 7600 1658
ABOUT EDEN RESEARCH PLC
Eden Research plc is a UK publicly listed company on the PLUS Market, specialising in the development of agrochemical products and intellectual property through licensing and marketing agreements.
Eden is focused on developing products for the agricultural sector through the application of terpene chemistry and other patented environmentally friendly technologies. Eden is currently working alongside universities and partner companies in developing its product portfolio towards commercialisation.
For further information please visit www.edenresearch.com.
_____________________________________________________________
Exercise of Commercial Options
Eden Research plc, a leading UK agrochemical development company, is pleased to announce that its licensee, Cheminova AS, has exercised its option, under an agreement dated 14 May 2007, to take a further seventeen countries as part of the rollout programme for Eden’s Terpene based Botrytis treatment.
Under the terms of the agreement, Cheminova will be responsible for local field trials and relevant national registrations.
Tim Griffiths, the Chief Executive of Eden Research plc, said:-
“Cheminova has decided to exercise its option to extend the territories for its rights to commercialise 3AEY in most of Europe and much of the Americas and the CIS. This is a significant milestone in the rollout and development of 3AEY.”
For further information:
Tim Griffiths, Chief Executive
Eden Research plc
Tel: 01993 868844
Matthew Robinson
FinnCap
Tel: 020 7600 1658
ABOUT EDEN RESEARCH PLC
Eden Research plc is a UK publicly listed company on the PLUS Market, specialising in the development of agrochemical products and intellectual property through licensing and marketing agreements.
Eden is focused on developing products for the agricultural sector through the application of terpene chemistry and other patented environmentally friendly technologies. Eden is currently working alongside universities and partner companies in developing its product portfolio towards commercialisation.
For further information please visit www.edenresearch.com.
ABOUT CHEMINOVA
Cheminova is a manufacturer of fine chemicals, with its main business area within plant protection products. Cheminova has developed a wide range of plant protection products by in-house process and formulation development, and markets its products globally through subsidiaries in 16 key countries and through distribution partners in most other countries.
The annual turnover is approximately 4 billion Danish Kroner (DKK). Cheminova employs 800 people in Denmark and 750 abroad. Cheminova is 100% owned by Auriga Industries A/S, a publicly traded company on the Copenhagen Stock Exchange.
For further information, please visit www.cheminova.com.
_______________________________________________________________
Preliminary Results for the year ended 31 December 2008
DOWNLOAD
These Results are available in PDF format.
To download please click here
2008 saw Eden’s promising technology progressing steadily to commercialisation. Emphasis was put on the following activities:
* completing the key European regulatory process required to allow commencement of initial sales of our lead fungicide (3AEY), for control of botrytis;
* further developing our products for the control of nematodes with a number of development trials in high value vegetable crops in Southern Europe;
* continuing work to exploit the potential of our products for control of spider mites and whitefly in vegetable crops;
* developing new formulation technology to utilise the properties of terpenes to improve ease of use to the grower through granule formulation and increased product loading which will allow the same amount of actives to be applied at a lower field use rate;
* identifying potential to control post harvest soft rot diseases for high value and highly perishable fruit and vegetables;
* identifying further insect pest applications for our terpene products in a range of uses both in agriculture/horticulture and household and personal care markets;
* strengthening our relationships with our existing commercial partners to ensure the opportunities for our products in the major agricultural chemical markets are fully exploited; and
* identifying further relationships with potential commercial partners, especially for new fungicidal uses of our products.
For further information:
Tim Griffiths, Chief Executive
Eden Research plc
Tel: 01993 868844
Matthew Robinson
FinnCap
Tel: 020 7600 1658
Huge volume for related stock ERCHF - all BUYS!
EDEN RESEARCH PLC - Nasdaq: ERCHF
Time & Sales most recent next page
Rec. Time Action Price Volume
11:16:18 AM Trade 0.3 50000
10:37:31 AM Trade 0.3 50000
Eden Research plc (United Kingdom) (OTC)
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Historical Prices
Date Open High Low Close Volume Adj
Close
2009/04/28 - - - - - -
2009/04/27 - - - - - -
2009/04/24 - - - - - -
2009/04/23 - - - - - -
2009/04/22 - - - - - -
2009/04/21 - - - - - -
2009/04/20 - - - - - -
2009/04/17 - - - - - -
2009/04/16 - - - - - -
2009/04/15 - - - - - -
2009/04/14 - - - - - -
2009/04/13 - - - - - -
2009/04/10 - - - - - -
2009/04/09 - - - - - -
2009/04/08 - - - - - -
2009/04/07 - - - - - -
2009/04/06 - - - - - -
2009/04/03 - - - - - -
2009/04/02 - - - - - -
2009/04/01 0.28 0.28 0.28 0.28 2,000 0.28
2009/03/31 - - - - - -
2009/03/30 - - - - - -
2009/03/27 - - - - - -
2009/03/26 - - - - - -
2009/03/25 - - - - - -
2009/03/24 - - - - - -
2009/03/23 - - - - - -
2009/03/20 - - - - - -
2009/03/19 0.38 0.38 0.38 0.38 20,000 0.38
2009/03/18 - - - - - -
2009/03/17 - - - - - -
2009/03/16 0.28 0.28 0.28 0.28 5,000 0.28
2009/03/13 0.50 0.55 0.50 0.55 1,500 0.55
2009/03/12 - - - - - -
2009/03/11 - - - - - -
2009/03/10 - - - - - -
2009/03/09 - - - - - -
2009/03/06 0.28 0.28 0.28 0.28 36,963 0.28
2009/03/05 0.28 0.28 0.28 0.28 20,000 0.28
2009/03/04 0.30 0.30 0.30 0.30 20,000 0.30
2009/03/03 0.30 0.30 0.30 0.30 40,000 0.30
2009/03/02 0.30 0.30 0.30 0.30 50,000 0.30
2009/02/27 0.50 0.55 0.50 0.55 20,500 0.55
2009/02/26 0.32 0.32 0.32 0.32 20,000 0.32
2009/02/25 0.30 0.35 0.30 0.30 20,000 0.30
2009/02/24 0.35 0.35 0.35 0.35 20,000 0.35
2009/02/23 0.35 0.35 0.35 0.35 20,000 0.35
2009/02/20 0.35 0.35 0.35 0.35 5,000 0.35
2009/02/19 0.35 0.35 0.35 0.35 - 0.35
2009/02/18 0.40 0.40 0.35 0.35 22,000 0.35
2009/02/17 0.40 0.51 0.35 0.40 43,500 0.40
2009/02/16 0.51 0.51 0.51 0.51 - 0.51
2009/02/13 0.51 0.51 0.51 0.51 - 0.51
2009/02/12 0.51 0.51 0.38 0.51 20,000 0.51
2009/02/11 0.38 0.38 0.38 0.38 - 0.38
2009/02/10 0.38 0.38 0.38 0.38 - 0.38
2009/02/09 0.38 0.38 0.37 0.38 2,500 0.38
2009/02/06 0.37 0.37 0.37 0.37 - 0.37
2009/02/05 0.37 0.37 0.37 0.37 2,500 0.37
2009/02/04 0.37 0.37 0.35 0.37 2,500 0.37
2009/02/03 0.35 0.35 0.35 0.35 - 0.35
2009/02/02 0.35 0.35 0.35 0.35 - 0.35
2009/01/30 0.35 0.35 0.35 0.35 5,000 0.35
2009/01/29 0.35 0.40 0.35 0.35 2,500 0.35
2009/01/28 0.40 0.40 0.40 0.40 - 0.40
2009/01/27 0.40 0.50 0.40 0.40 2,500 0.40
2009/01/26 0.50 0.50 0.50 0.50 - 0.50
2009/01/23 0.50 0.50 0.50 0.50 - 0.50
2009/01/22 0.50 0.50 0.50 0.50 - 0.50
2009/01/21 0.50 0.50 0.50 0.50 10,000 0.50
2009/01/20 0.50 0.55 0.50 0.50 2,500 0.50
2009/01/19 0.55 0.55 0.55 0.55 - 0.55
2009/01/16 0.55 0.55 0.55 0.55 - 0.55
2009/01/15 0.55 0.55 0.55 0.55 - 0.55
2009/01/14 0.55 0.55 0.54 0.55 2,500 0.55
2009/01/13 0.54 0.54 0.54 0.54 - 0.54
2009/01/12 0.54 0.54 0.54 0.54 - 0.54
2009/01/09 0.54 0.54 0.54 0.54 - 0.54
2009/01/08 0.54 0.54 0.54 0.54 - 0.54
2009/01/07 0.54 0.54 0.54 0.54 - 0.54
2009/01/06 0.54 0.54 0.54 0.54 - 0.54
2009/01/05 0.54 0.54 0.54 0.54 - 0.54
2009/01/02 0.54 0.54 0.54 0.54 - 0.54
2009/01/01 0.54 0.54 0.54 0.54 - 0.54
2008/12/31 0.54 0.54 0.54 0.54 - 0.54
2008/12/30 0.54 0.54 0.54 0.54 - 0.54
2008/12/29 0.54 0.54 0.54 0.54 - 0.54
2008/12/26 0.54 0.54 0.54 0.54 - 0.54
2008/12/25 0.54 0.54 0.54 0.54 - 0.54
2008/12/24 0.54 0.54 0.54 0.54 - 0.54
2008/12/23 0.54 0.54 0.54 0.54 - 0.54
2008/12/22 0.54 0.54 0.54 0.54 - 0.54
2008/12/19 0.54 0.54 0.54 0.54 - 0.54
CVIV - Now MJNA - .49 cents up 100% today! Same as 4.90 pre 10-to-1 FS.
Lets hope ENCP decision makers are paying attention.
This stock had an OS and float more thanTEN TIMES that of ENCP
http://pinksheets.com/pink/quote/quote.jsp?symbol=mjna#getQuote
If CVIV can go from .10 to $2 with an OS of 12.5M what do you think ENCP can do with an OS of 695K?
http://ih.advfn.com/p.php?pid=historical&cb=1240854364&symbol=NO^CVIV
Check this out CVIV did a 10-to-1 FS in conjunction with a spinoff merger- they had a 12.5M OS at the time and is trading at $2 now!
Think what ENCP can do with their OS! They could do far larger than a 10 to 1 FS given their OS/Float.
The real key is THE FLOAT which is micro
http://pinksheets.com/pink/quote/quote.jsp?symbol=cviv#getCompanyInfo
nice.
Can't wait to see a PR.
Yes and that is "at a discounted special price" - which IMO suggests the share price will be considerably higher than that soon. Why would a debt holder want to take shares at .20 cents a share when the share price was at .07 cents? Only one reason- they know something is going to happen to make the shares considerably more valuable and they know there is no way they could acquire such a large position in the company on the open market for $500K.
zardiw did the fine work with the IBox, Thanks zardiw!
Seems so........et z
this from their latest filing
Enercorp must also use commercially reasonable efforts to obtain agreements from current debt holders to convert approximately $500,000 of debt into 2,500,000 shares of common stock of Enercorp.
so they are valuing the shares at .20, correct?
I find it so interesting that this stock has remained so undiscovered for so long. I could easily see this thread get real busy in a hurry.
Will be fun to see.
Seems like the best I have been able to do is catch about 1k per month on the Bid.
thin
Guess it will be tough to say what it should be until we see the size of the revenues and profits. I certainly like the "shoe to fit", so to speak.
yw. Nice work on the ibox.
Say, you want to present your DD to the Superstar Uplister thread, since it's looking very probable that ENCP uplists?
http://investorshub.advfn.com/boards/board.aspx?board_id=13018
That is what is great about this board! Nice DD Creede
Don't know if you guys saw this or not, but I have some good news. ENCP is already registered with the SEC.
SEC Reporting Status
SEC Reporting Company
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=encp
Registering the company is the hard part. Now that they are current I believe it's just a matter of picking a market maker to submit the Form 211 to Finra.
This stock could uplist very quickly.
Not today, all day yesterday tried to get under .20 but nothing. Trying monday will have more settled funds.
Anybody trying for fills below .20?...I tried at .15 but got zip.....z
EXACTLY...once it's announced ENCP should be a rocket...et z
Yes and with the FS the spread would be much less as well - which would encourage trading
agreed and would be a perfect size imo!!).20s slowly chipn i see..hmm looks like no mid fills jus yet either eh..hmm may jus have to chomp the rest the 20s jus in case..)
We'd get a lot more buys if the price were lower....z
Very nice info on ENCP.....et z
Wow this company LBOA is doing joint venture work on looks very nice!
http://www.weldmation.com/coreComp.html
Related company- share exchange/merger
LBO Capital and Weldmation Form Joint Venture
FARMINGTON HILLS, Mich., Nov 12, 2008 (GlobeNewswire via COMTEX) -- LBO Capital Corp. (Other OTC:LBOA), a Colorado corporation (""LBO Capital""), announced formation of a Joint Venture between its subsidiary, Global Tech International, Inc. (""Global Tech""), a Delaware corporation located in Fraser, Michigan, and Weldmation, Inc. (""Weldmation""), a privately owned Michigan corporation located in Madison Heights. Global Ventures Technology Group, LLC (""Global Ventures""), a Michigan limited liability company to be formed, will produce innovative industrial products including composite building construction materials, automotive components and complete high tech assembly systems.
Initially, Global Ventures will be funded and it will operate from Weldmation's 60,000 square foot building. Weldmation will contribute cash plus use of its building; and Global Tech will contribute cash, licensed technology and manufacturing equipment.
Global Ventures will be licensed by Global Tech to use its proprietary Powder Impression Molding (""PIM"") system, Encapsulation Molding Technology (""EMT"") and Molecular Metamorphosis Technology (""MMT"") (protected by patents both issued and pending). Training programs will introduce technicians to unique techniques for manufacturing lightweight materials from recycled plastic waste and desired new additives such as magnesium, all ultimately encased in plastic skins, the final products allowing no harmful VOC (Volatile Organic Compounds) emissions. In many cases, Global Ventures will use feedstock of mixed plastic waste, providing advantageous ""green"" plastic waste management while, at the same time, it manufactures new and improved commercial products.
Earl E. Kansier, CEO, stated: ""Global Ventures will provide us with fresh products and capability to provide stronger, lighter weight components with anti-corrosive properties. For years, Weldmation has supplied products to well known customers such as Carrier, Rheem, Trane, BMW, Ford, Mitsubishi Motors, GM, General Dynamics, Whirlpool and more.""
Mario DiNello, CEO of Global Tech, commented, ""Southeast Michigan is well endowed with manufacturing talent needed by Global Ventures, and some new employees will be required to supplement the capable technical staff employed by Weldmation and already familiar with sophisticated assembly systems and robotic welding. Formation of Global Ventures provides Global Tech an opportunity to work directly with Weldmation as a full systems production partner with proven capability to design, manufacture and implement entire cost saving platforms for our customers.""
Global Tech is a member of the United States Council for Automotive Research (USCAR) and has invested years of development into commercialization of innovative products such as lightweight composite pickup beds and dumping pickup beds, sewer pipes and housing wall panels. A broad range of products incorporating PIM/EMT methods and recycled waste materials have been tested and proven to significantly reduce weight, add strength and cut fuel costs. Also, PIM/EMT products are stronger and more durable than those manufactured from traditional materials such as metal, fiberglass, wood and concrete.
Since 1961, Weldmation has been a full service provider of welding, fabrication, assembly and factory automation systems for the marine, automotive, aircraft, aerospace, white goods and defense industries. It excels in design, build, installation and launch of automation and tooling assembly processes. Weldmation is an ISO 9001 2000 Standard certified company, having previously received other customer certifications and quality awards.
LBO Capital Corp., founded in 1987, strives to acquire proven and attractive intellectual property and technology, and to capitalize on them through licensing arrangements with operating companies which recognize the benefit from access to these carefully selected assets of LBO Capital Corp.
The statements included in this news release concerning predictions of economic performance and management's plans and objectives constitute forward-looking statements made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1934, as amended. These statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to, factors detailed in the Company's Securities and Exchange Commission filings, economic downturns affecting the operations of the Company or any of its business operations, adequate financing to achieve the new strategic plans, the impact of competition, the success of products in the marketplace and the unavailability of financing to complete management's overall plans and objectives. The forward-looking statements contained in this news release speak only as of the date hereof and the Company disclaims any intent or obligation to update these forward-looking statements, except as required by law.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: LBO Capital Corp.; Weldmation, Inc.
By Staff
CONTACT: LBO Capital Corp.
Thomas W. Itin, CEO
248.994.0099
ItinT@twitin.com
www.lboc.us
Weldmation, Inc. Earl E. Kansier, CEO 248.585.0010 jkansier@weldmation.com www.weldmation.com
(C) Copyright 2008 GlobeNewswire, Inc. All rights reserved.
INDUSTRY KEYWORD: Business Services SUBJECT CODE: MANUFACTURING Joint Venture
Still - a 10 to 1 FS would only take the OS to 40M and the share price would likely be significantly higher split adjusted due to the interest in the forward split.
I think the o/s will actually be more like 4MM once the merger is done.
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OS 695,897
Float 208,000 to 540,000
FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
May 25, 2011
Enercorp, Inc.
(Exact Name of Registrant as specified in its charter)
COLORADO 0-9083 84-0768802
(State or other jurisdiction (Commission file number) (I.R.S. Employer
of incorporation, or organization)) or Identification Number)
3509 Auburn Rd.
Auburn Hills, MI 48326
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (248) 683-4600
Item: 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
Effective May 12, 2011, the Board of Directors of Enercorp elected James Jeszke in the position of Director, replacing Gene Nowak whose decision to resign from his duties was voluntary which the Board of Directors accepted. There were no disagreements between Mr. Nowak and the Board of Directors.
Mr. Jeszke is a Senior Vice President, Special Asset Group, of Michigan Commerce Bank. In this position he is responsible for restructuring, preservation and or liquidation of troubled loans in the bank's portfolio. Before assuming the loan work out position, Mr. Jeszke was the Group Loan Manager of Ann Arbor Commerce Bank which is now the main office for Michigan Commerce Bank. Jeszke received his B.S. from Michigan State University where he majored in Accounting. He passed the C.P.A. exam and is a graduate of the School of Banking, Madison, Wisconsin. Mr. Jeszke is deemed to be a disinterested director.
Effective May 12, 2011, the Board of Directors of Enercorp elected Fabian Ciavaglia in the position of Director replacing James Bedsworth whose decision to resign from his duties was voluntary which the Board of Directors accepted. There were no disagreements between Mr. Bedsworth and the Board of Directors.
Mr. Ciavaglia is the Director of Supply Chain, Commercial Aircrafts with Bombardier Aerospace, Inc. since September 2010. He has over 20 years of global experience in the automotive industry. He served as a Business Unit Manager at Valiant International, Inc., where he managed the overall automotive sector revenue strategies, and prior to this position he served as Senior Program Manager at Magna Steyr Corporation. From 1998 to 2008 he worked at Comau, Inc a subsidiary of FIAT, where held several managing positions. Ciavaglia's formal education includes achieving a BS in Electrical Engineering from Lawrence Technological University and an MBA from Northwestern University's Kellogg School of Management. Mr. Ciavaglia is deemed to be a disinterested director.
In addition, the Board of Directors appointed Mr. William Salatino in the position of the President and Chief Operating Officer of Enercorp. Mr. Salatino has over 20 years of diversified Sr. Executive, Operational and Team Building experience. Mr. Salatino was Group Vice President of Valiant Corporations North American Manufacturing, Production and Tooling Divisions. Headquartered in Ontario Canada, Valiant operates a number of businesses globally. Salatino was the founding member and President/CEO of VPTECH, LLC in Auburn Hills, Michigan. Before founding VPTECH, Mr. Salatino was President/CEO of MOCO Thermal Industries, Inc. (a.k.a, Michigan Oven Company) and President of Acco Systems Inc. Mr. Salatino gained his operational and general management experience during his eight years with the General Electric Company ("GE"), where he accelerated through increased operational managing positions. Mr. Salatino holds a BS degree in Industrial Engineering from the University of Massachusetts at Lowell, and is a graduate of GE's highly acclaimed two year corporate, Manufacturing Management Program.
Item 8.01 Other Events
The Board of Directors of Enercorp intends to raise up to $1.5 million of new capital in the form of equity by issuing shares of common stock at $0.30 per share to accredited investors. Concurrent with this transaction, the Board of Directors intends to complete the conversion of most of the debt carried by Enercorp into shares of its common stock at $0.20 per share, as provided by the conversion agreements dated June 30, 2009.
Proceeds from the new capital will first be used to complete the necessary steps to bring Enercorp into full compliance with all applicable rules and regulations. Currently, Enercorp is past due with its SEC filings. In addition, the Board of Directors intends to invest the proceeds in eligible companies in order to build a solid investments portfolio.
Enercorp is in the process of negotiating with qualified placement agents to raise some or all of the $1.5 million. As of the day of this report, no agreements or letters of intent have been signed or entered into with any placement agents.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Date: May 23, 2011
ENERCORP, INC
By: /s/Majlinda Xhuti
Majlinda Xhuti
Chairman of the Board of Directors
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