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WARNING: "Tanaris" already acquired by another OTC company?
HOW CAN 2 DIFFERENT COMPANIES BOTH ACQUIRE THE SAME CO.?
SOMETHING NOT RIGHT HERE...READ...
http://www.otcmarkets.com/stock/REMO/news
Recursos Montana SA Enters Agreement to Purchase Enterprise Asset Management
Puerto Plata, Dominican Republic, Nov 07, 2014 (PRWeb.com via COMTEX) -- Recursos Montana SA (OTCBB:"REMO") is pleased to announce today that it has entered into an agreement to purchase Tanaris Power [http://www.tanarispower.com, a Tanaris System Brand ("Tanaris"); 100% owned by Enterprise Asset Management Inc. (EAM). Tanaris develops Smart Lithium-Ion batteries and power solutions for various industrial applications, marketed under a variety of brands. Tanaris' forte is the design, engineering and production of some of the world's safest, highest performance, most reliable and flexible Lithium-Ion batteries.
"We are very excited about this opportunity. I feel strongly that EAM will be better able to achieve greater profitability by combining our dynamic energy storeage technologies, product development capabilities and lean manufacturing methods with Recursos Montana's corporate experience and resources," stated Bruce Farmer, CEO of Enterprise Asset Management.
"Recursos Montana SA has committed to exploiting what we consider a game changing technology that will result in energy efficiencies while reducing our customers' carbon footprints. The products and services EAM and Tanaris bring to our Company gives us the ability to immediately develop a strong position in the high tech niche of cutting edge power management solutions to the industrial Lithium-Ion battery industry; increasing the potential for strong revenues while building shareholder value, a very rewarding business model," commented Luis Rodriguez, CEO of REMO.
Perfect timing. Can it get any better...
Yes. And the promo campaign begins today:
http://www.pumpsanddumps.com/
News just hit. Can you say m-e-r-g-e-r
LAS VEGAS, Dec. 9, 2014 /PRNewswire/ -- Geo Finance Corporation (OTC: GEFI) announced today it has entered into an agreement to acquire Enterprise Asset Management (EAM) an American based developer and manufacturer of next generation power systems including its Tanaris Power brand of advanced industrial vehicle lithium-ion batteries.
Tanaris Power lithium-Ion batteries are designed and engineered for industrial vehicle applications, delivering superior performance, maximum safety, long-term reliablity and tremendous flexibility. Tanaris Power batteries are an energy efficient solution for today's demanding mission critical industrial vehicle applications.
Mr. Keasberry, GEFI's CEO, and a novice engineer, stated "I am very excitied about the Lithium-Ion battery technology EAM is develpoing and building right here in the USA. Their battery systems are very innovative and solve many of problems experienced in industries applications where electric vehicles currently use Lead-Acid batteries. EAM's custom Lithium-Ion batteries and their direct Lead-Acid replacement batteries are going to have some very positive effects on corporate energy ROI. We are looking forward to leveraging our teams understanding of production with EAM's engineering knowledge to prduce some really great products. I feel that EAM's current management and their vision is a very good fit for us. We can't wait to get started and have already begun outfitting the production facilities."
Also look at the bid. Looks pretty solide for now.
~L2 shows .0340 after 0210 :)
Yes, large bidding non-stop. And once we break over 0220, it should open up nicely.
Look at that bid. You don't see that too often. VFIN and VNDM both struggling to get shares?!
Agree. This churning at the 180 while they could just bid sit against VFIN should mean something
Holding for announcement. Even more telling is that over 10% of the float traded the last couple days on no news. Something is up, something is coming.
2.5% of the issued and out traded yesterday - up 4.5%
If it repeats today...how high can it go? Barchart.com says resistance is .0178. Does anyone know how accurate that might be?
And this thing has been around for a while...still with low float, and renewed interest...
No idea but since they went current there is renewed interest and I guess they didn't go current for no reason.
500k bid at 0174 and nice buying on the ask at the open. Something is definitely brewing as you say.
~Huge bids on L2/ Something big coming
I hope VFIN doesn't ruin the party
~Entire float was traded around 04 back in Mar :)
~GEFI~ Hits at 0170 :) Something up here
Volume says News and/or Promo coming here :)
Looking good today
Totally agree, just a few in the 0120 area and nothing above, they will eventually PR now that they are current and we should see nice gains with such a low float.
I still think this one could be huge from here after they are current now. Very thin and market cap very low.
Yes I agree, there must be a reason to take it current.
I think news and/or promo is coming, maybe even tomorrow, they took it current for a reason.
I see. Should we get something finally?? Would be about time.
~Big Volume hitting the ASK
Hmm. MAXM with cheap shares
Only a few grand here and there on the bid, bid price very attractive, whole float is less then $100k. Decent news and we could easily get 3x to 4x here
Still lots of selling here
~GEFI~ Now Current, thinking news will come soon now that they are up to date.
Extremely cheap for sure and I would guess it has a reason that they wanna get current again?
Float around $50k, we can really fly with some news!
Yep, good to see.
~GEFI~ Q OUT~ "CURRENT" STATUS COMING :)
Hopefully very soon :) I have no idea when though of course
Buying here too. Any idea when they will continue to file?
Same, still here folks, will add 0070's when available, crazy cheap under 0080
Cheapies today
We'll wait and see
Nice bids today. This should work out as a bottom here
Starting to wonder if this has been some kind of a pump and dump all along? They make an announcement, then trade like crazy for 2 or 3 days, then go stealth.
There is a rumor going around that Revolution is getting ready to announce a new product
No, it was not.
Was gefi halted today.!!! The stock never opened today for trading thus the flat line in volume. Just wondering.
I agree with you, I'm going to buy more today while the price is low
$GEFI is due for an update. Volume is up the last few trading days but it's still low. It looks like it's being set up for another run. When it runs, it moves fast. Extremely low float.
I called and talked with Revolution Lubricants, talked with their head of sales Michael. He sent me oil for my car (I paid for it) and I've been using it for three weeks (I drive about 500 miles a week). My MPG have improved by 4.3 MPH. I have gone from 17.3 to 21.6, I have shocked at the improvement.
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O/S | 39,332,400 | Jul.31.2014 |
Float | 12,760,014 | Jul.31.2014 |
A/S | 100,000,000 | Jul.31.2014 |
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