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Let me make sure I understand. You spent $1.3 Million for new equipment that could produce enough product for 300 homes per year and put it in a building that was only big enough to produce product for 24 homes per year. And you didn't see that coming?
Thoughtful input is most appreciated! lol
Razor thin above!
No... it's me buying! lol
This thing has held up well in its preparation for new heights!
New $137K contract, and lots more to come!
$2,000,000 in debt cancelled!!!
Well that was short-lived! lol
I agree. That's not to say that many disagree either. This ticker needs exposure to this new info. It'll happen, it'll happen. We now know there isn't dilution or a R/S in the works. But I'm convince he knows something that's going to happen, but which info is not actually actionable yet... it can't be published. It's a gamble, but what isn't? Meanwhile he put 300K of his own money on the line.
LOL. There's always something better and something worse... for the moment!
Because when someone on the inside puts that kind of cash of their own into their own stock, it's because they know something. And it's okay to trade on inside knowledge, as long as it's done publicly, with notification, which was accomplished by his filing. This kind of investment wasn't done with a 20% maybe/possibly-it'll-go-up in mind.
His investment is pretty much a guarantee of no shenanigans with dilution, a R/S, etc.
Well someone just bought 1M shares.
Well someone just bought 1M shares.
Thinking of it myself.
Prolonging the anticipation...
Oh Yeah!........
I believe they're waiting on their $75M capital raise (I think I have the amount right), which will be at $1/share, to fund their "grand opening." I also think that at least some of these purchases are in anticipation of that raise being completed.
They put out a release during the summer saying they had done that very thing!
Anyone else notice the beautiful cup and handle formation? This could get epic based on the chart alone!
The slightest breath of buying, and this price skyrockets!
He won't be running it after the merge.
Read the thread.
Response to Bid and Ask is exactly what makes up the charts.
Duh!
Why o why would you "load up" if it falls to .03?
It's not a corporation. Look under "Company Type"
LIMITED LIABILITY COMPANY (C - O - M - P - A - N - Y) ... NOT Corporation.
This limited liability is actually a moot point, being owned by a CORPORATION! lol
Because an LLC has to be registered, just like a corporation, it's founding is noted as being incorporated, the meaning of incorporated in this instance being put into use, became viable, was established.
It's not a corporation. In this case, "incorporated" means registered as an LLC with the state.
Mitigation Solutions, LLC
Company Number
2022-001096666
Status
Active
Incorporation Date
29 March 2022 (7 months ago)
Company Type
Limited Liability Company
Jurisdiction
Wyoming (US)
Registered Address
1309 Coffeen Avenue STE 1200
Sheridan
82801
WY
USA
Agent Name
Cloud Peak Law, LLC
Agent Address
1095 Sugar View Dr Ste 500, Sheridan, WY, 82801, USA
Directors / Officers
Andrew Pierce, organizer
Cloud Peak Law, LLC, agent
Limited
Liability
Company
Many small companies would incorporate to avoid liability to the owners. In other words, if someone sued the company, the assets of the stockholders are safe from liability.
Back in the 90's (I think) it became possible to register sole proprietorships (single owners) and partners as LLC's, shielding the ownership from liability in case of lawsuit, accomplishing what incorporating alone could do before then.
A corporation, automatically having limited liability, has no need to claim status as an LLC.
Mitigation Solutions, LLC
No indication this wholly owned subsidiary is incorporated (in fact, the "LLC" indicates it is NOT incorporated)... neither does it need to be. It's owned by Western Sierra, a publicly traded company, and all profits of the company will flow through WSRC.
As of Oct. 14, 2022, ENGA security details (rounded)
A/S ..... 500M
O/S..... 44.5M
Restricted..... 40.15M
Unrestricted.... 4.35M
Held at DTC.... 4.2M
Float..... 5.3M
Market Cap..... $17.8M
"Negative shareholder equity" doesn't have anything to do with what's going on today. It only reflects what's happened to previous shareholder's money.
2nd part of reverse merger completed. $25M/year revenues.
Yup, someone just added around 60K shares to their holdings. It doesn't take much to cause the price to jump... not many shares available and people have been holding for almost 10 months now.
As of September 16, 2022 (one week ago), ENGA's share structure is:
Authorized ........... 500,000,000
Outstanding ......... 43,996,523
Restricted .......... 39,643,470
Unrestricted ....... 4,353,053
Held at DTC ......... 4,203,857
Float ..................... 5,310.062
You can see that RESTRICTED shares make up 90% of all the outstanding shares.
Any new shares coming into the O/S will be to benefit the growth of the company.
Let's see. Less than 800M shares, fully diluted. $75M in cash to kick off the marketing of the first western "SUPER APP" (already Beta tested and ready to go), with 12M subscribers for said SUPER APP already pre-signed.
And how many of those 800M shares are held by insiders? I believe there's only going to be about 125M free trading shares available; that's if the entire $75M are sold.
I'll take those odds! But nothing's guaranteed. Buy an annuity if that's what you're looking for :)
Not bad either!
Maybe ss is finally getting out! lol
Was. Thing is, this offering will kick the price up. Anyone buying at $1 will first try to get whatever they'd have bought at a cheaper price on the open market. Shouldn't take many shares being bought to get the price back up to the offering price.
One of these days......