Essential Innovations Technology Corp. (fka ESIV)

[Renee]

After 6 1/2 years from the SEC Suspension the stock should not have moved from the Grey Market to the OTC.

Just checked OTC Markets and the stock is still caveat emptor.

https://www.otcmarkets.com/stock/ESIV/disclosure

[arch1inc]

Lol. Company came out of grey market today. Wonder whats happening

[arch1inc]

Odd, wonder whats up here

[georgie18]

ESIV...0001...Grey to Pink today...Watching for possible entry here...

[Renee]

ESIV SEC Suspension:

http://www.sec.gov/litigation/suspensions/2014/34-73208.pdf

Order:

http://www.sec.gov/litigation/suspensions/2014/34-73208-o.pdf

[KingErik999]

I just got a call from ESIV about investing. That's a first. Wonder how they got my info. Anyone know who's selling information?

Scamers

[Shaka_Zulu]

On watch here.

[ITWOOD13]

Check out the 10-q

[ITWOOD13]

This is a sleeping giant

[ITWOOD13]

They have have secured distribution rights

[ITWOOD13]

Need an update just where things are with ESIV

[kranthikumar]

ESIV is looking great at this level

[Jas]

Some great news is prolly about to be announced.
It's about time.

















______________________________________________________
Do your own dd and make your own choices when trading.

[starbuxsux]

hey...what's going on here?

[ITWOOD13]

It takes time. This thing is going to shoot up on next PR.

[BrokeEven]

Lost so much on this one that is not worth selling. Im giving them to my grandkids and maybe theyll trade it for lunch money.

[energystar]

financials out....
Form 10-Q for ESSENTIAL INNOVATIONS TECHNOLOGY CORP


--------------------------------------------------------------------------------

13-Sep-2013

Quarterly Report



ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
The following discussion should be read in conjunction with the accompanying unaudited financial statements for the three and nine-month periods ended July 31, 2013 and 2012, and for the period from commencement of development stage, November 1, 2009, to July 31, 2013 and our annual report on Form 10-K for the year ended October 31, 2012, including the financial statements and notes thereto.

Forward-Looking Information May Prove Inaccurate

This report contains statements about the future, sometimes referred to as "forward-looking" statements. Forward-looking statements are typically identified by the use of the words "believe," "may," "could," "should," "expect," "anticipate," "estimate," "project," "propose," "plan," "intend," and similar words and expressions. Statements that describe our future strategic plans, goals, or objectives are also forward-looking statements.

Readers of this report are cautioned that any forward-looking statements, including those regarding our management's current beliefs, expectations, anticipations, estimations, projections, proposals, plans, or intentions, are not guarantees of future performance or results of events and involve risks and uncertainties. The forward-looking information is based on present circumstances and on our predictions respecting events that have not occurred, that may not occur, or that may occur with different consequences from those now assumed or anticipated. Actual events or results may differ materially from those discussed in the forward-looking statements as a result of various factors. The forward-looking statements included in this report are made only as of the date of this report. We are not obligated to update such forward-looking statements to reflect subsequent events or circumstances.

Introduction

During the three and nine-month periods ended July 31, 2013 the Company has continued to make efforts towards engaging the research and development and future business channels and relationships to facilitate the on-going testing of its technology. During the quarter the Company entered into exclusive representation agreements forPhilippines,Dubai and the UAE for a complete line of HVAC equipment manufactured by Mammoth Zhejiang company of China. The Company has secured such exclusive rights for an initial term through the end of Calendar 2014 for each of these markets. The goal of this sales and marketing agreement is to give the Company the opportunity to attempt to generate sales revenue during periods in which it remains in research and development phase for its technologies. The Company possesses specific expertise and has long-standing relationships in the HVAC field in these and many other global markets.

Results of Operations

Comparison of the Three and Nine Months Ended July 31, 2013, with the Three and Nine Months Ended July 31, 2012

We had no gross revenue for the three and nine- month periods ended July 31, 2013 and 2012

Our general and administrative expenses from continuing operations for the three and nine months ended July 31, 2013, were $131,635 and $278,965 compared to $70,411 and $150,411 for the comparable periods ended July 31, 2012, an increase of 87% and 85.5%. The increase is primarily due to two consulting contracts, which totaled $91,800, entered into related to promoting our services and developing markets for our technology.

During the three and nine months ended July 31, 2013 we had marketing expenses of $nil and $nil, respectively, as compared to $nil and $1,041,000 for the respective three and nine-months ended July 31, 2012. The decrease is due to the expensing of marketing-related consulting contracts in the three and nine-months ended July 31, 2012



--------------------------------------------------------------------------------

Overall, we have a net loss of $138,020 and $297,993 for the respective three and nine-months ended July 31, 2013, as compared to a net loss of $76,794 and $1,155,422 in the corresponding three and nine-months of the preceding year.

We had 1 part-time employee as of July 31, 2013.

Liquidity and Capital Resources

As of July 31, 2013, our current assets were $22,545, as compared to $146 at October 31, 2012. As of July 31, 2013, our current liabilities were $1,075,956, as compared to $957,364 at October 31, 2012.

Operating activities used net cash of $68,041 for the nine months ended July 31, 2013, as compared to use of $47,911 for the nine months ended July 31, 2012.

Net cash of $90,440 was provided by financing activities during the nine months ended July 31, 2013, as compared to $56,250 net cash provided by financing activities during the comparable nine months ended July 31, 2012.

Our current balances of cash will not meet our working capital and capital expenditure needs for the whole of the current year. Because we are not currently generating sufficient cash to fund our operations, we will need to rely on external financing to meet future capital and operating requirements. Any projections of future cash needs and cash flows are subject to substantial uncertainty. Our capital requirements depend upon several factors, including the rate of market acceptance, our ability to get to production and generate revenues, our level of expenditures for production, marketing, and sales, purchases of equipment, and other factors. We can make no assurance that financing will be available in amounts or on terms acceptable to us, if at all. Further, if we issue equity securities, stockholders may experience additional dilution or the new equity securities may have rights, preferences, or privileges senior to those of existing holders of common stock, and debt financing, if available, may involve restrictive covenants that could restrict our operations or finances. If we cannot raise funds, when needed, on acceptable terms, we may not be able to continue our operations, grow market share, take advantage of future opportunities, or respond to competitive pressures or unanticipated requirements, all of which could negatively impact our business, operating results, and financial condition.

[VFrankenstein]

Seems the pumps have broken down.......

[Section10]

Section 10 violation. Got 4 sPam's for pump and dump.

[familyguy6]

Seems to be the case on a lot of penny plays!

[AntiMarketMaker]

smell like Ashers' pump squad.

[familyguy6]

Wow this stock got killed! The other day it was soaring, I thought the promo was company induced, I think a debt had to get settled and damn if they didn't take everything they could! Was it Asher or Siouthridge

[Seymore1721]

I was suspicious of this pump when I got an email. Then when I saw Zero revenues, there was no chance I would buy. Two good rules of thumb. I would not be surprised to see this sub penny in a week. That's what some of these email pumps do

[AntiMarketMaker]

hemp gnrh lol

[ALL-IN888]

Took all my money to AMBS at .048 .06 now going to .20 then 1.00 LOL $$$$$$

[AntiMarketMaker]

i got s 60days order at .05 .04 and .03 lol will buy snd wait for next group to pump

[thepoet75]

i'm back, some people just don't learn. Red another 37 percent

[ALL-IN888]

BUY all the cheapies under .06 you'll be glad you did! $$$$$$$$

[energystar]

it's down to 6 cents now

[ALL-IN888]

It's under accumulation again Load all the cheapies under .10 you'll be happy in 2 - 3 months! $$$$$$$$$$$$

[AntiMarketMaker]

chart and level 2 hijack. bids and ask by joe retailers not showing.

[ALL-IN888]

Chart Due for a Bounce to .14 Let the sellers sell it to the ground then it'll bounce!

[virus0011]

it smells a red day I think

[eurekastox]

News today?

[Howie the Book]

No more cheapies for me, E-trade won't let me buy early enough to profit....movin up to the 3-5$ stocks...plenty of DT ing there

[Howie the Book]

I'm here....WHY, I have no idea....maybe to see what they write on my headstone....got killed!

[VFrankenstein]

Whared evrybudy goo???

[AntiMarketMaker]

This should have touched .07. MM must be selling on a daily tick down.

[Pennies Make Cents]

Agreed.
There is no way people are still in this..
Don't become bag holders! Get out now!

[thepoet75]

Like i said, i'll be back tomorrow and it will be at .07. I've been playing these for years

[ALL-IN888]

HAHA! you sold then move on Dude! You dont know how these penny stocks work! $$$$$$$$

[thepoet75]

It was a limit order. Someone finally raised the bid eventhough i was passed up on everytime because the MMs can rig the game in their favor. You must be delusional to think that this can run to .3 with absolutely no interest right now. There is no where to go but down. I'll be back tomorrow

[ALL-IN888]

Good! You sold at market! see you above .30 promise! $$$$$$$$$$$

[thepoet75]

Finally got out, just a small loss that i mitigated with a 50% flip on something else today. Bought in way too late

[ALL-IN888]

.10's getting chewed up! Chop chop $$$$$

[thepoet75]

No, obviously not allowed to trade my shares even when my asking price is lower than the MM

[ALL-IN888]

One Big order sniper can take him out in a hurry! Nicely consolidating here $$$$$$$$ no worries!

[ALL-IN888]

Is that you selling on VNDM for 5K shares? LOL

[AntiMarketMaker]

vndm is the hitman MM.

[AntiMarketMaker]

it is called ask blocking. a good indicator when volume is low. it means the same mm seting the ask selling wakk will be forcing u to sell on market or bid.