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Nope. Does anyone know of a custodian that can hold these PIPE certficates? Is there any news about the dividend paying out?
Did anyone get the emails that went out last night on ECGP. I got one in my inbox this morning. I wanted to see if anyone signs up for that list and got an email??
How is everything going with this BAD boy, I LOVE ECGP!!!
Talked to the company again today and they told me to “stay tuned”, I am really keeping my fingers crossed and putting my faith in ECGP!!!!
I doubt that....but wouldnt you just crap yourself if we did....lol
Im hoping this "Big Deal" they have been working on is for real and not just some bs meaning we lost all our money last year and we are trying to get it all back right now.
A handful of retail sellers using NITE. Any significant push, and it will be back over $1 IMO.
The spread closed the gap I think this could get going again.
PS I like your board!!!!!
This thing looks good again, the spread really closed up and ready to get going again.
I know right, I think I am going to load up this week. I bought 5,000 at like 22 or 21 yesterday. DCA at these lev's and just sitting back because I think this think is ready to explode.... IMHO
Yep, looks like someone wants it to become tradeable again.
Spread finialy closed the gap, still not a lot on the offer, I think they are starting to get this thing moving again!!!! Bid also came up from 19 to 22 another good sign. I also think we will be getting some news shortly!!!!
I empathize with you being in this type of situation and have seen it many times on other boards.
Having said all that...if I could, I would ban cdnkid from the board if it was up to me ( and I have asked )...but alas, it is not up to me.
I couldn't disagree more. Even though we were all "odd newbie(s)" at one point in time I don't like to see anyone lose money because of the rantings by some of the scum hanging on iHub.
"we all know unsubstantiated bashing when we see it" -- Exactly. That is why it not a threat and easily ignored. The odd newbie that gets sucked in one way or the other is of no concern to me.
I'm an Envit believer as well. GLTUA!
I wish all of the offending parties' posts could be deleted, too, but don't see how it's a good thing that they can't be. I'm a firm free-speech advocate and believe that valid criticisms and even statements of just plain old frustration are within bounds but some posters step WAY over the line and it's fairly obvious when they do it. IMO, a pattern of unsubstantiated vitriol has no place in our discussions of these companies and stocks. I know that finding the place to draw the line is not easy but we all know unsubstantiated bashing when we see it, to paraphrase a Supreme Court justice from long ago.
For now, we just have to live with this unhappy situation and contain it the best we can.
"I own a ton of this company 1000 times more than any basher on the other page and I am behind the CEO and the company 100%, I've done my DD and I think we have a huge winner!!!!! " -- Agreed...all the more reason to ignore the bashers...they will be irrelevant soon enough.
Believe me, if I could delete all of cdnkid posts, I would. I tried that once, and got into trouble. I cannot delete lies....that is not how IHUB works....and for good reason.
I don't think that's happening anytime soon so I'll do one better:
1. The spread has finialy tightened up, I know it's low but let's face it it's not going to go any place if it does not start at the bid.
2. If we see buying while the spread has closed the gap, then we might have another run on our hands of Laborio has some good news for it.
3. I think next week is a big week for us to see where this company could go.
4. And...... Lastly, if you own less than $2k of this stock and you think it is a bad company please just sell and don't hurt the people that like this company. I own a ton of this company 1000 times more than any basher on the other page and I am behind the CEO and the company 100%, I've done my DD and I think we have a huge winner!!!!!
You have to prove fraud to the iHub admins. If you feel strongly about this you should contact them and make a complaint. If you're able to get them to censor the offending parties, my hat will be off to you.
Yea but they are frud statements!!!!!!! And masta does nothing about it.
Mastah is right, jay. He can't delete posts unless they contain personal attacks, profanity, or outright fraudulent statements. Posters can get away with all kinds of other stupidities on iHub and there's not much a mod can do about it. I see it all the time on other boards and have had to deal with it myself as a mod or assistant mod.
Sometimes the best we can do is just hope the offenders go away. They usually don't.
Constructive criticism is welcome, via PM. What you are doing is bashing....that's my opionion...and it serves no useful purpose.
I 100% agree with you!!!! That board is not even worth having around!!!
Come on man, It's my opinion not a bash. I just don't think that you are doing a good job moderating the board. It's my opinion not a bash.
Instead of spending so much energy attacking me, why don't you read the Mods Handbook:
http://ihwiki.stocksite.com/index.php?title=Handbook
I can't delete basher posts, but I can delete personal attack posts. cndkid knows the rules, and he can bash all he wants.
Well it hasn't picked up yet. Let's hope Envit eventually talks.
Is Envit still moving forward. Why the complete blackout on any news or communication?
Thanks for the post, Jay. What some people don't understand is that these deals take time. Ed will hold the CC when there's a good reason to do so, not just to make iHubbers feel good.
Excellent...thx for that.
Thanks Jay,
Thats the best D&D I've heard in month's. Thanks for your work, and the update.
Mark
This board will pick up after the new year.
I spoke to Ed yesterday and brought up something to him that Rainmaker mentioned to me. I asked the CEO to think about a forward split to make the stock a little bit more attractive to pink sheet investors. He brought up the fact that the volatility in the market and substantial losses has dried up a massive amount of liquidity on the over all pink sheet market (I agree) but he would consider it and if the Company did want to do it that it would be done in the 1st two quarters of 2009.
Conference Call: He said he is working on a deal that has taken the Company all year to get done and he is planning on having the Conference call as soon as it is done. He reiterated to me from a previous press release that "the board of directors believes it would be invaluable to have the conference call with out this deal in place."
Financials: The 2006 and 2007 are done and the 2008 is about a week or two away from being done and all will be posted the day before the conference call. He said "the longer it took to get the 2006 - 2007 financials done it made more seance to just put out the whole 2008 financials rather than chop it up". He said he took the advise from the accountant which said it would have been more expensive to do the financial twice in 2008.
That other Envit board is a joke, I'm done there.
Did you jump on any of this??
I think we are going to see things pick up after the first. I am calling the company today and asking if they would think of a forward split to get the stock moving again.
I just bought at .50 and they raised the offer right before, UNREAL!!!!
Yep, think you're right, sorry
I think it's 1:00
What time does the market close today?
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The Envit Capital Group, Inc.
The Company currently has a series of shares outstanding including two series on preferred shares. This board is for those preferred shareholders.
The Envit Capital Group, Inc., is a holding company for financial entities and has three main subsidiaries;
www.envitcapital.com
Phone: 617-542-3333
Fax: 617-542-3339
E-mail: info@envitcapital.com
Estimated Market Cap: $68,639,320 as of Dec 19, 2008
Outstanding Shares: 114,398,867 as of Oct 20, 2008
Authorized Shares: 250,000,000 as of Oct 20, 2008
Number of Share Holders of Record: 850 as of Sep 2, 2008
Current Capital Change: shares decreased by 1 for 30 split, Pay Date: Aug 22, 2008
Company Profile for Envit Capital – ECGP.PK
The Envit Capital Group, Inc., (Envit Capital) founded originally in 1979, together with its subsidiaries is a boutique investment banking, securities and investment management firm that provides a range of services to a client base that includes small and large business, institutions, and high-net-worth individuals. Its objective is to be active in all three of the following segments: Investment Banking, Trading and Principal Investments, and Asset Management and Securities Services.
Asset Management and Securities Services
The Company’s asset management business provides investment advisory services and will offer investment products (primarily through separately managed accounts) and will generate revenues in the form of management and incentive fees. Securities Services will provide generated revenues primarily in the form of commissions or fees from licensed registered representatives servicing clients separate brokerage accounts. Securities Services may provide the following; brokerage services to institutional clients, including hedge funds, pension funds and foundations, and to high-net-worth individuals.
Investment Banking
Envit Capital will look to provide a range of investment banking services to financial institutions, investment funds, and individuals. These activities may include advisory assignments with respect to mergers and acquisitions. Other activities may include public offerings and private placements of a range of securities and other financial instruments, including common and preferred stock, convertible and exchangeable securities, investment-grade debt, high-yield debt, sovereign and emerging market debt.
Principal Investments
Principal Investments division will aspire to facilitate transactions with a group of corporations, financial institutions, investment funds, and individuals. The firm will look to take positions through trading and investing in a broad array of multi-strategies in such investments as equity, debt, currencies, commodities and derivatives and real estate. Envit Capital makes principal investments directly and through funds that it raises and manages.
CEO Bio
Edward M. Laborio is Chairman, CEO, and founder of the Envit Capital Group, Inc., and the chairman of the board of its general partner, Envit Capital, LLC. He has been involved in all phases of the firm’s development since its founding.
Mr. Laborio began his career at Merrill Lynch and soon moved to the Bank of America where he was a Vice President of the Institutional Merchant Services Department. Mr. Laborio also worked at The Chicago Investment Group as a Vice President of Investments, directing portfolio management for a substantial amount of the firm’s client assets.
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