Tesla doesn’t need Stem indeed. I still believe it’s a illogical to compare Stem and Tesla as though they’re competitors. Stem’s core business model revolves around operating the batteries. I bet Stem is as happy as anyone else to hear about Tesla’s expanded manufacturing capabilities. The more Tesla batteries that can be deployed at a cheaper price, the more business for them.

Stem is not a battery manufacturer. They engineer and operate battery management system software. They are not a competitor of Tesla’s. In fact, they are a channel partner of Tesla’s and they often use Tesla batteries when they sell system packages to their customers.

Do your homework, folks! $TEM

Hard to believe there hasn’t been a post on this board since April when the stock is up 50% in the past month

Hiding in plain sight

I think our best hope is to be given some small payout from the receiver upon final dissolution of the company. Who knows, there could even be a couple million dollars left over after the preferred shareholders get paid, equaling maybe 3-4 cents per share.

They could also do some kind of weird reverse merger or something. They’ve been in business since back in 1986 under the name ZBB Energy, and were apparently an Exxon spinoff too, so they’ve reinvented themselves before and could do it again.

In the meantime we are in the dark without many options

I was under the impression that ESNC would be able to resume trading as a “Pink-Limited Information” company as long as it made some type of “current information publicly available”. It wouldn’t be able to trade as a Nasdaq, or even as an OTCBB listed company without detailed financials, but would able to be bought and sold by retail traders as a Pink stock.

The issue right now is that they have no current information whatsoever, so they are being restricted on the brokerages as a Gray market stock. We just need news updating us on the chapter 128 (not bankruptcy) proceedings to resume trading with a potential price boost. Thoughts?

Seems like there is no material change in the company.

The share price drop is probably caused by the SEC requirement for companies to maintain current with their reporting (earnings statements, etc.). Since Ensync is in court and their business operations currently suspended, they aren’t current with their reporting and are therefore classified as a “no information” stock.

Any news and this thing could be absolutely bonkers. 20 cents per share would be $12 million market cap for the company, which isn’t crazy.

Especially when you consider the value of their IP, and the contracts they have to sell energy from their already installed solar+storage projects. Money in the bank.

I’d say with all retail share purchasing shut down due to the SEC blocking the trading of “no information” stocks, there isn’t much of a chance of a dead cat bounce.

Our only hope is if there is still some value in the entity. Perhaps once they exit chapter 128 they will resume trading and the price will rise.

I wouldn’t recommend betting the rent on this one, but I also wouldn’t completely give up hope that the price may rise someday.

E*TRADE already won’t let me buy…

Haha! who knows? Nice to see the bids at .0169-.017 held all day

These trading patterns look awfully similar to the ones we were seeing when it jumped this past winter. The ask slowly melting away and a big jump in price to the next available shares.


I sure hope we know something soon. It’s been about 4 months since the last court filing. It seemed like they had settled with their debtors based off the court filings back in February.

Damn the torpedoes, full speed ahead!!

He got them sold at .0001!!!

Some people just aren’t cut out for stock trading...

Too bad JdTwinx is missing out! Long suffering MNVN bear who sold all his shares at .0001....

Ya gotta believe!

$$mnvn$$

The storm before the calm. They’re trying to shake a few hands loose before the stock takes off.

Get ready to be on easy street with EnSync

As the Redditors say, “diamond hands YOLO”

As the BitCoin geeks say: “HODL”

As Charles Schwab says: “Own Your Tomorrow”

Some serious volume out there...could be news coming

The Twitter/OTC world is pretty crazy now. Definitely not a good idea to lose your head and throw all your money into a stock with so much uncertainty. Yet I remain cautiously optimistic.

Ok so I checked the latest twitter posts with the hashtag $MNVN. Looks like there’s been a few accounts posting about this stock the past few days, but they don’t seem to have many followers. No big time pumpers here yet, if ever.

I guess the big news is that they’re having their current OTC profiles confirmed.

There was a guy a while back named JdTwinks or something, who was making a big deal about how this stock wasn’t worth .0001 because the SEC was gonna shut them down for not being current. Looks like he was wrong about that. It’s a pretty big deal for them to get their profile confirmed.

Go $MNVN$

Can you share a link to these alleged tweets that got people to drop $373,000 yesterday on a stock with no official news?

Must’ve been a pretty exciting pump and dump story to get that kind of buy-in. 400 million share buy out of nowhere yesterday morning

That type of fishy behavior happens a lot with this stock.

This big story here is this HEAVY volume we got today. Over $300,000 worth of shares changed hands today!

I’m beginning to get the feeling these shares might be worth something.

Holding

Many traders stopped allowing purchases of OTC shares to “protect” amateur traders. Kinda like the GameStop thing with Robinhood. Robinhood also doesn’t allow purchases of MNVN.

Get yourself an E*TRADE account! Interactive brokers is good too

I seriously considered picking up a few shares at .027 today. New court documents uploaded to the chapter 128 case webpage. Looks like everything is coming along smoothly.

Hope you get some shares at the nice price!!

ETrade let’s you buy it

“Judge Signs Order Approving EnSync’s Objection to Debt Claims”

https://wcca.wicourts.gov/caseDetail.html?caseNo=2019CV000556&countyNo=67&index=0#records

Seems like a big deal. Some people said we owe them money, and we argued that we didn’t, and the judge agreed with us. That sounds like cash money to me.

Ka-Ching!

There’s a “check case” scheduled for tomorrow in court. Could be some good news coming. That would explain the high volume churning in the 3s the past two weeks followed by the low volume shakedown all the way to 1.7 cents today.
There was a pretty big price jump on the day of the last court date, so get your popcorn ready!

That’s what it sounds like to me! Bullish all around!

Remember the news about the domain name being registered this summer? Something is up...

$$MNVN$$

Yes the OS on this stock is one reason I’m extremely bullish and holding to shares even after a 1000% price increase....I saw a stock that was trading at $.0001 in December hit $.018 yesterday!!! That stock has an OS of 15 billion!!!!

It’s possible MNVN could be involved in one of these SPAC deals that are blowing up right now. A nice clean ticker here for a company to take over and go public with. And the little guys who’ve been here since the dark days, like you and me, could make out big time!

$$MNVN$$

I watched another stock climb from .0001 to .0008 over a couple weeks then suddenly jump to .0028 in a heartbeat.

This stock could move quick too.

The outstanding shares aren’t too high and I have a feeling most of those shares are held by people with “diamond hands” as the kids say.

Haha great news! That sub penny rule will give you the discipline to hold until you get what you deserve!

Let’s enjoy the ride!!

$$MNVN$$

Wooooohoooo! Hope you’re still holding a couple shares. They tell me the party’s just getting started!!

Looks like we could be headed for the teens!

I’m starting to think these shares might be pretty valuable. Doesn’t look like there’s anybody willing to sell many shares, even after a 250% price increase!

The bid isn’t huge yet, true. But the ask at 6 is only 7 million. That 7 million could be gone before the bid ever reaches 50 million

I understand the strategy though. T slap that ask whenever you think it’s prudent!

$$Go MNVN$$

There might not be any 6s left by then!

This board is pretty quiet for a stock that’s up nearly 2000% from its 52-week low and in an industry (clean energy) that’s on fire

Makes you wonder if those in the know are playing their cards real close to their chest on this one huh?

Bid coming back in the 4s, ask still thin in the 5s...could be ready for another run!

I bought some yesterday around $.014... I think it’s still good value in the 2s...hope a few shares make their way into your hands!

Low volume paint down trades bringing this into the low 2s. Very bullish long term signal!!

As the redditers like to say, HODL!!!

Looks like there was good news at the court hearing and the price increase is legit. Also sounds like it might be at least a couple more weeks before we go to the moon.

I have a feeling this company resumes operations soon and we see this thing way north of 10 cents

Bid volume starting to show up, slowly but surely