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Can FB IPO benefit Filmrookie???
Go to Yahoo Finance.
Check message board for some info. Judge has now given parties a short time frame to get to some resolution.
Not sure what that means..
Settlement Conference convened on 10 Jan. No agreement reached by end of day. Parties will continue discussions by telephone conference calls this week. Outcome of settlement will be made public by end of day tomorrow.
If a settlement is not agreed, the case will be set for trial.
SEC case is very weak but they may have enough to get respondents to settle on some points.
Overall, it does not look bad at all for AEHI.
Man, you are very excited!!!
And very busy. Are you fond of reverse psychology? Or just a nut case with nothing else to do except continue to slam? NO. you are not a "nut case" so what are you?
The company cannot issue public material information
until the FS is completely done. I have received my new certs as many posting here have also. That does not mean all shareholders have the new certs and have equal opportunity to trade. This certainly may take some time. Trading is now temporarily suspended with no quote available at my brokerage.
The website is a way the company can provide updates but SEC reports are required. Wait and watch.
Make it.
I think you will hate to see anyone make it. I want to see a big spike here so that a lot of shareholders can benefit. Wouldn't that be good for all?
Big Piles are held by many.
Some of yu naysayers probably have some large piles. Huh?
You and the other guy just keep switching as you respond.\\
I knew that. You smarter than the other guy. Huh?
However, I don't think you really see anything. iclight.. What a joke!
Hey there, hotshot!
Your ability to copy, paste, and highlight comments made in prior posts by others does not enhance your statements....
The D is still there. What happened? Try to give us an answer that is not just more BS.
R u an insider?
You don't know anything for certain. Don't u even understand why FINRA approved the 1 for 10 forward split? Don't you know that Andrew had to convince FINRA?
My broker had real certs for every share I owned..Millions upon millions were not covered. Original sellers will have to pay up in the long term on the old shorts.
The D has not yet been removed and it may be some time before the problems are resolved by the TA.
I wonder how many old shares will not be delivered to the company for issue of new shares because short sells were never covered. Also, how many new shares were naked short sells at .0002 and covered at .0001.
The transfer agent must be going blind trying to get all the real shares covered with new shares. The D is supposed to be deleted as of end of day today. Will that happen? Will be checking with my brokerage tonight and early AM to see if my new certificates have arrived and are tradeable.
GLTA
Very much liked reading the prior few posts. It is refreshing when board members actually communicate and are cordial...
Thanks
Loyal to USAA since 06/1961. eom
Hey, Briggsy,
Where in England. I spent 6 of my 21 yrs in England. At High Wycombe, Wethersfield, and Alconbury.
I also use USAA. Not very good for trading pennies.
I haven't bought one share of EUOT stock in a few years but I have been a bagholder before these folks got control of the shell. For a long time, I had hopes that a legit operating company would acquire and restore some value to the old bagholders. No such luck. The dilution is now such that I doubt the sp will even see .01 without a massive RS which would wipe out the value of my 1M+ holding. Current investment basis is about $1700.00 but wrote off $124K a few years back..used write-off to offset other gains for tax purposes so not all was lost. BUT LOSSES ARE LOSSES, NONE THE LESS.
tALK IT DOWN, GUYS
\\TALK IT DOWN. YOU GUYS ARE LOVING IT. BEATING A DEAD HORSE...ALL U DUDES COVERING NAKED SHORTS AND STEALING MONEY FROM UNSUSPECTING BUYERS. HUH?
I own you, buddy.
Whatever you wish to debate with me, bring it on. Go team!
Right on,
dummy trader that lost butt on ENTI and now not smart enough to recoup on this new play. Too bad for you. Huh?
Are you two one and the same?
Everytime I respond to one inane poster, I get a response from the other guy. Which "some here" are you referring to that have a good grasp on what will happen here? Pray tell me more. When will this dire situation occur? I want to get out just before the apocalpse.
You think I am expressing anger?????I never get angry. I remain cool under all circumstances but always say what I mean. I don't try to influence others with a bunch of barnyard topping. KISS OFF to you also or is there just one of you>>>>>>
"Afraid we're right?"
Thanks for admitting you are a team. Not afraid. Just letting you guys know that no one here really cares about what you post or your advice. You really know nothing more than anyone else....
So if there were billion share trading days caused by holders dumping, then the buyers must have been shorts covering at the best possible low price...Huh? But you guys keep saying there are no large short positions here. If there are no shorts, who will be buying all those shares you expect to be dumped?
There is no indication yet that ENTI will be paid in worthless shares. ENTI could possibly get paid with valuable shares if Andy makes Filmrookie valuable.
On financing/spending. What was the longterm loan of $1.75M from Flash Funding used for? Are you going to tell me that the longterm loan is not real but just a fake book entry along with false evaluation of assets? Whatever could be the purpose of such fabrications? Would make no sense to me whatsoever.
True. Until ENTI gets paid for Flimrookie.
When that happens, the naked shorts that want ENTI to die so they never have to cover will be up shxt creek without paddle. They very well might have to cover someday at a level above their sells. Just a thought...
Hey, LA,
Do you think anyone really cares about your lame advice?
Are you a short player or a buyer on the dips?
If Flimrookie gets off the ground and shows enough success/potential, I think there will be a name change and, most likely, a big RS which would reduce OS and multiply sp by inverse ratio of the RS. If more success is achieved in the future, a forward split might occur at some point.
Success of the new verture is what will make this work...
From what I have learned thus far, I think this is a decent gamble at these low prices...
.01 at EOD Friday....
and the re-launch comes next week. that would be good. The next factors would be announcement of big membership sign-ons and big video numbers...that would cause real excitement, especially videos that can be viewed for confirmation of early success.
Yeah. A 20K sell into the bid brought it back down.
MMs gotta raise the Bid to stop the short sellers. Raise the Bid to .015 and this moves like a F-16 as shorts scramble to cover.
It will run soon. JMO
No trades in 30mins????
What's up? MMs adjusting for next push...
Most are not out in float. Don't worry. The holders of those shares sure as heck don't want to sell below multi-pennies. They will not flood the market..JMO
On the other hand, short sellers will be working below the ask to push the sp back down for coverage. If the MMs raise the BID, they have no chance..
I see..
I am a long in that I hold over a million EUOT shares and have been involved with EUOT since 2002. I'm upside down presently so I can only hope the new vernture will be successful...
Funny that there are several posters that have nothing good to say about the company and indicate they have no interest. If, like you say, those posters just want to spread the word of bad things to come but swear they have no financial interest then tell me, wise one, why in heck are they/you here???????????It is absolute BS that they/you have no financial agenda. No sane trader would spend so much time battering a company for no reason. You and the others become more transparent with each new post you make.
No, I did not take your purposeful advice and sell my position. Why the fxxk should you patronize me with you suggestions. NO. at this point I am not concerned about the financing. If the financing is truely toxic, you can bet your butt shorting will occur along with concerted efforts on msg boards to cause selling and further erosion of sp. If you are so concerned, quit looking here and go buy some bluechips. I don't give a rats axx whether you are right or wrong in your comments so get off you soapbox.....Don't break both your arms trying to pat yourself on your back about the trading chart: means nothing at this point....
Miniscule Float.
The massive shares issued probably have restrictions. Additionally, when Muzii and co acquired control they most likely acquired over 70% of the old AS(100M). It does not appear that mgt is selling any shares into market so the float may be somewhat lower than 30M. I, and a few old longs I know, hold in aggregate over 10M. None, to my knowlede, are selling at this level. I have a sell target of .05 but would dearly love .10...MAYBE, MAYBE, MAYBE...GLTA
LA,
You wrote, "have yet to see any verification that euot has had any on-going business for the past few years,"
Why would you even post such a comment? You must have known full well that euot has not had any on-going business for the past few years. Right? Are you just trying to mess with new readers of this board?
Don't worry so much about how payment will be made for Filmrookie. If you are so concerned, you should forget this one and look elsewhere....JMO
Dang, LA,
Can't you read history. It is a fact that EUOT has not had any on-going business since de-registration in 05 and failure of licensee, Global Matrechs, to bring any of the licensed techs to commercial viability between 06 and 09. The company was cleaned and moved as a shell by Belmont Partners. Obviously, Muzii, or his backers, acquired majority control, changed the articles of incorporation and now trying to re-build the company with the acquisition of Filmrookie. Success of that venture is the key to success of the new Eurotech...GLTA
Not much up in the last hour.
Get some good new out so we can see this fly past .05...-.10
No trades in the last hour at .007.
You should have gotten shares at the lower market price..Too bad you were still hit for the .007 order price...
good Luck to you.
Just curious.\\
What was your fill price average on the 350K?
So even with noting the loans reported on the Balance Sheet, you have no opinion as to who acquired all those shares from the company???
Are you saying those shares may have been issued to investors other than noted lenders? I seriously doubt Flash Funding would allow a setup like that and still enter into a $1.750M loan of venture capital to Eurotech.
So what is your opinion on who holds all those shares?
I think the float is miniscule still.
Who is going to be buying billions of worthless shares?
The only investors that would wish to do so would be those holding short positions at a much higher level. At present, there are no short positions here. Even if one wishes to establish a short position, there has to be a buyer picking up the short sells.
Immediately with a RS, any position is equal in value to what it was immediately before the RS. A RS only works to the advantage of investors, short or long, if the company has something to support the increased SP. If not, the SP will tumble once again. That certainly happens in many cases. Sometimes it is a pure result of new short positions being taken with a conclusion that the company will continue to fail.
Effectively, this is a new start-up. Whether or not Filmrookie will ever be successful remains to be seen. I certainly will not chase unless I know more. GLTA
It appears the lender is getting more than just shares--shares plus the debt to br paid later if the company is successful. You can bet they have little risk and will CTA.
Are you kidding me, Mr. Light?
A RS reduces the OS and raises the SP. Then the company is able to issue more shares for a higher price. That is how a company can obtain cash. Issuing shares to lenders and taking the OS to ever increasing heights is counter productive.
You nor I have no knowledge what the consulting fee was for. But the cash had to come from somewhere. Right.
The Balance Sheet says they borrowed $1.75M from Flash Funding. I sure would like to know the particulars on that long term note. If Flash Funding got 3.8B shares in order to do the loan, you have to believe they will want to sell shares at some point in the future. A RS will suit them fine. Such would reduce he number of shares to sell but at a higher price.
The company will need something to support the RS. Filmrookie may be the ticket now even though not successful at ENTI.
Without a major/major reverse split?
Will they go 1 for 40 or 1 for 400. The large lender may have some impact on that. No telling how many shares will be issued to the lender but there is probably an anti-dilution clause in the package.....GLTA youse guys....