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"Out of Business". No Refunds, No Returns
Good to see.
Last one out, turn off the lights.
1 scam down, about 5000 more to go.
ETHS Revoked: (Final Decision)
https://www.sec.gov/litigation/admin/2016/34-77940.pdf
I hope you got the mid-day 60% off "sale" price, and not the opening "pump" price.
Why would it spike again, now that everyone presumably knows the ticker's about to disappear?
After watching the spikes on this lately I bought 20000 shares today. Hope it spikes again before its shut down.
April 5,2016: SEC Admin Law Judge Initial Decision to revoke ETHS registration: "It is ORDERED that, under Section 12(j) of the Securities Exchange Act of 1934, the registrations of each class of registered securities of Elsinore Capital II, Ltd., EPS Solutions Corp., and Free DA Connection Systems, Inc. (a/k/a Free DA Connection Services, Inc., a/k/a
Earthshine International Ltd.), are hereby REVOKED."
The SEC A.L.J. Initial Decision will become a Final Decision imminently.
https://www.sec.gov/alj/aljdec/2016/id995jeg.pdf
I got word on this Thursday and glad I didn't get in! Classic pump and dump! Soared to .2 early morning on Friday and by end of day saw this go to .02! By EOD some lucky enough got out at a loss at .05 and less!
Any insight on this would be appreciated?
Here's some insight. ETHS's registration has already been revoked.
https://www.sec.gov/alj/aljdec/2016/id995jeg.pdf
All that's needed is for the SEC to announce that the initial decision has become final. And then it will stop trading forever.
Looks like the SEC may be taking action soon. Thanks for the link.
Exactly, Homebrew. Much thanks for the heads-up in your earlier post.
Similar thought. Somebody's looking for suckers to buy their stock before the SEC shuts it down
ETHS has been illiquid for years, eg., since Dec 31 the stock traded only on 3 days at a PPS of .005 with insignificant volumes. All other trading days there was zero volume. Then the last 2 trading days the stock miraculously traded over 564,000 shares ranging from .03 cents to .20 cents, closing at .05.
http://ih.advfn.com/stock-market/USOTC/earthshine-international-ltd-pn-ETHS/historical
When the SEC files an Administrative Proceeding for Financials delinquencies in ALL instances the stock registration is imminently revoked and the ticker is deleted. Very soon there won't be an ETHS ticker.
Excerpt from the SEC Admin Proceeding:
3. Free DA Connection Systems, Inc. (a/k/a Free DA Connection Services, Inc., a/k/a Earthshine International Ltd.) (“Free DA”) (CIK No. 1366919) is a forfeited Delaware corporation located in Seattle, Washington with a class of securities registered with the Commission pursuant to Exchange Act Section 12(g). Free DA is delinquent in its periodic filings with the Commission, having not filed any periodic reports since it filed a Form 10SB-12G registration statement on June 26, 2006.
https://www.sec.gov/litigation/admin/2016/34-77273.pdf
For corroboration about the SEC revoking the registrations of ALL delinquent SEC filers:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119863767
Is that what's called a "Zombie" ticker?? SEC is not impressed.
Probably some frontloading, then look for suckers to dump on.
I got a pump promotion about this. Looks like a real garbage stock.
I just heard something~very very interesting after reading some past filings. Then I check this board and see you "microcap" on here as I know your are very knowledgeable I've heard as well. Maybe you can give me some insight?A surge of buying may be the reason to what I'm thinking. I will dig deeper. Not taking my eye off of this. I did notice upon looking back on the trades either this moves on air and or there is no one selling as this hasn't traded in a while. Any insight on this would be appreciated? Thank you
Volume typically precedes spike in price which typically precedes news
I don't like the spread.Hard to sell this kind.
no buyers, no sellers...
moves where the pressure is..
.03 to .20 w no news?? Crazy
ETHS - still haven't found the reason. Good sign that there hasn't been a sell off though. Holding steady.........
Wooow what's the deal here?
ETHS - if u r gonna sell, sell at the ASK! It works, stop bid wacking
ETHS - .13 sell worked, now some one's hitting the BID @ .11
ETHS - going to try to sell 1,000sh @.13, see if she paints...
ETHS - actually sold some @ the .08 ASK, just 2,000sh to test and it keeps going
The question is why the volume??
What was the volume?
ETHS SEC ADMIN Proceeding for Financials / Filings delinquencies:
http://www.sec.gov/litigation/admin/2016/34-77273.pdf
Anyone know why the stock is dropping? Other than no interest in it?... EEECCCCOOOOO!!!!!
I own some shares. If they ever release significant new and we get a volume spike with this miniscule float, we could have a 10-bagger in pretty short order. IMO,
What iz going on with this stock? Are myself and the moderator the only two people who own the stock? Is this stock going anywhere? thatd be funny if it went to like $10!! but no seriously, dis stock is boring! it doesn't do anything but linger around the .10's.. Can I have someone else perspective?
I am holding some @ .10 - "out there" is pretty much the way I feel, LOL
No worries - let it percolate a while.
Am I the only one that owns ETHS? No comments on this stock for the past month.. Is anyone out there?
agreed brother... ETHS will see the Earthshine again 8)
sure hope so buddy... this might be our week 8)
as to why they're quiet in terms of PR's, i can't actually comment as i don't know. however, it's a relief to see a company that actually does that - release only when there is something worth saying. in the world of pinks and otc's, it seems everything and anything is PR'd just to give the stock some publicity.
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