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EVTN QB as of today. Nice look.
EVTN FS Record date Friday and now QB
$0.40 pre forward split just as predicted.
Nice work!!!!!
Some good buys at $0.27 today, and it finished strong - I would like to think that we'll be at $0.40 pre forward split but it's hard to get a handle on this new enterprise and what its true value could be...
Where is this 4-1 forward split? Waiting...
Well, the new 10-Q at least gives us some idea of what we "bought" (which is not much, in my opinion).
FPA (Florida Precision Aerospace) is a (now "discontinued") subsidiary of EVTN - essentially, it contains the "assets" of the former EVTN (Voraxial imitations, spare parts, and machine shop projects). Obviously, the new crew don't want it and will try and salvage a few bucks by getting rid of it; my view is that the disposal was already baked into the reverse merger agreement (though not actually documented).
Oddly there’s probably 100k to clear before .31…the only thing to save this is 4x1 because management is dead silent.
Lost me on the Florida aerospace
These aren't options but "restricted stock" which, essentially, is a gift with no requirement for performance or anything else apart from continued tenure - basically, it's $155,000 worth of stock each year for five years; and, there is an upside for the lucky fellow, as he'll hope that the price will be far higher than $0.31 over the next five years.
It's a pretty sweet deal but then its face value is only half of the former CEO's old salary ($310,000) - the same CEO who granted himself (and family members) millions of under-market options at a penny each and drove the company into the dirt.
I'm assuming that this grant will convert to 10 million shares after the 4 for 1 distribution, with the share value going down to $0.0775.
With regard to the distribution, it looks like the parent does not announce the record date in advance, but rather after the close on the actual date that has been selected. It seems to me that selling now would be very foolish, particularly at a price lower than $0.31, as happened in today's trading.
Anyone have any ideas about who might buy Florida Precision Aerospace at pennies on the dollar? !!!!
Hopefully this month zzzz
Hopefully that is what was needed as final
“Stamp” for forward split to be approved @ show
up on finra daily list
Good luck to all
Yeah, which hopefully means… we show
up on daily list very soon… for the 4-1 Forward
Split…as long as this was last correction
Needed
Good luck to all
Yup, amended 8k…just as you mentioned.
Agreed, once the dates come people will pump”free” shares. Just waiting here
The best way I can answer that is to take
A look at ticker symbol zest…. It’s a Nasdaq co.
It appears they are selling all there assets….
part of there assets was this oil/frac company that
represented 18 million in sales per qtr/yr….
(Still trying to find out if it’s 18 or 52 million, see my
last post)…
Evtn bought that oil/frac asset…. And are doing
a 4-1 forward split, Not much action lately because
Everyone waiting on official forward split dates
impatient peeps are selling, longs are holding &
thinking they see a huge surge once drop dead
dates are announced for forward split
Good luck to all
What company is actually coming in here ?
Would like to see this verified… 53 million
In annual revenue
https://www.zoominfo.com/c/pinnacle-frac-transport-llc/455914252
If so …. A .05 cent stock post split!?!?!?
Sounds cheap
Good luck to all
For anyone on the fence….
this is, imo, what’s going on….
they submitted to finra for the 4-1 forward
split approval…likely… a few weeks ago…
If anyone has been a through “getting pink”
process with filings… then you know it takes
a couple tries…where you submit…finra comes
back requesting corrections be made… then you
resubmit…. again & again until finra approves…
It will happen
Good luck to all
I won’t be surprised, just watch L2 or lack there of now.
Don’t be surprised to see Evtn show up on
the finra daily list within the next few days…
for the 4-1 FORWARD split and a huge surge
in stock price
Good luck to all
Good for you!!!!
Nothing seems to create ask slapping, however. We’ll see
Based on everything else that’s happened &
based on what they said in prs.. and how fast
they are moving with merger…. News on 4-1
FORWARD SPLIT application submission is
likely this week….
Good luck to all
What does that tell you?
There is an opportunity to get a sizeable position and nobody is taking it.
Thanks to whoever, I knew I could rely on
some bid dumping… finally stopped whining about
It…and picked up a few shares in low .30’s…
I’m going to go with what I see…. Some whales
slapped big time last week, buying/slapping high
.40’s…then a ton of filings came out proving the
merger is happening and faster than expected…
then for the umpteenth time peeps again dumped
this down to high .20’s/low .30’s…
We will see who is right about this stock sooner
than later
Good luck to all
Right..about 90k….great…,
Let em sell low 30s, the more the better, I'll keep soaking them up, tried for high 20s last week but although some filled, they didn't give any to me :(
Ho hum, just another merger filing after hrs…
so rare to see a merger moving so quickly…
and people still selling low .30’s… my guess is
that post merger/fs… we will be at around .25
cents… which is 1.00 at today’s price
Good luck to all
Because experienced traders KNOW that
inexperienced traders will sell to them at the
lowest possible bid ….and I’m writing this in a
nice way….hate to sound like a whiny broken
record… but we have seen countless times in
the past month… slapping in the high .40’s…
but they want to continue selling low .30’s…
Good luck to all
Clearly getting accumulated on the bid until there is no choice but to hit the ask
Let me guess….
some really inexperienced traders will sell
this down to low .30’s again…. And then Today
or some point this week… some whales will take
advantage of this 3 million float…and buy up the
.30’s and slap the .40’s….& when we get the notice
of 4-1 Forward split filings…. We near 1.00
Good luck to all
Really impressed with the speed of this merger
after hrs Friday a ton of merger related filings came
out….so many other potentially good otc plays that
are still awaiting a merger discussed for mths… not
with evtn…..this points to a forward split filing sooner
than later
Good luck to all
Looks rdy next week
Thinking the same thing…
lol, peeps slapping high .40’s….. keep on
dumping high .20’s & low .30’s….
UNBELIEVABLE
Good luck to all
Great color and the market cap is only $7 mm and revs are close to $20 million! Undervalued
Give it a few days/weeks… when it shows up
on the daily list… they will be slapping.50’s &
.60’s….4-1 Forward split coming….
Good luck to all
And now they are dumping lower....
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