Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
As a matter of fact, RH is being investigated by the SQ, not any other people of the company except for maybe his wife who was working for RH as sudo-CFO.
I'm still very positive about the stock but without RH on board. He's a poor manager because he can't work anyone. All the specialist that he hired in the past 6 months (according to the PRs) including the CFO, CEO and legal counsel have left and are now suing him. The provincial and federal governments are after him for unpaid taxes. He's been kicked out of the Scientology Church for unkept promisses and is being sued. The list goes on and on with some other very important issues that I cannot prove at this time but know its existence. We need him out of EFFC or he's going to take all of us down with him but I still believe in the company and its product. Let's not forget that the product is not RH's work but Bruno and Gib's. RH was the software developer only. As more information can be substantiated, I'll post it.
There's no doubt that the CRAM is working very well and is a wonderful technology but for investors to be successful, the company needs good management. With Raphael Huppe there and his total lack of management skills, the company is doomed.
Nice chunk if its the transaction at 1546 EDT.
Good Luck
I don't know if it will be 8% or 80% but what I know is that I'll be getting out on the news and I'll evaluate whether I should get back in or not based on the rest of the information. If it's a scam, I will have made at least some money. If I don't buy and it's not a scam, I will at least have made a hefty profit and I will congratulate everyone who stayed in for the long run. Either way, we'll make money.
I agree 100%, I promise that I'll never compare the 2 again unless provoqued but you're right, there's no comparison.
If you can stick to Raphael Huppe, former president of PGYC, you can stick to anything.
Done
I just couldn't let that one go by.
Not worth a reply. Done
Aaaah! Facebook, what a useful financial tool. Is that where we should take our investment information? If only people were factual and not so emotional. The information posted here should be valuable, not rubbish. I'm done with this string of messages. Let's discuss with reasonable posters. Anyone else???
I agree but everything you say is related to PGYC and the management thereof. Management is the name of the game and Tony Bisante is a credible manager. It's all related and even more than most people think but you and I know. With what I know, a Rosebud Board would conclude very quickly.
I guess that you're refusing to answer the real question but it's OK, I've just got my confirmation. Thanks
The question is still valid and refers to the MANAGEMENT of both companies. The product will solve itself with proper testing. I've seen lots of companies with great products like OX with large quatities of gold on the property, EFFC with a great product and probably now PGYC. The downfall of EFFC and OX was exactly poor management like exists at EFFC. Without proper management, there is no money and profits. PGYC is lucky that the former president of the company, which by the way is the present president of EFFC, was kicked out. The question begs to asked if you're close to the former president of PGYC and still carry a grudge????
Rosebud,
I don't know why you're so agressive here while you're so supportive with EFFC. The management of PGYC is solid and enjoys an excellent reputation and credibility. Those exact qualities are lacking with the management of EFFC which you support so strongly. I wonder why!!!
I think that the stock is solid and, don't get me wrong, I'm an investor but when we get some news, the stock will go up, in my opinion, to about 22 to 25 cents but my concern is that it will drop like a rock afterwards, at least, temporarily. You see, the peak will be composed of true believers, investors but also pumpers. The pumpers will dump without the support of promoters and the shorters will come out of the woodworks. The true value of this stock will materialize when test results are made public and are identified as legitimate. I'm a believer but I need proof from the company or I'll take my profits when I think that the peak is reached.
Last message of the day.
Then, how do you call information obtained from the president of PGYC that is confidential and can't be shared with others?
This sure sounds like inside and previledged information to me. If it isn't, it sounds like a pumper trying to create the setting for some news and then dump it. There's no doubt in my mind that there's news on the way but will the stock hold without promoters???? I doubt it because there are too many sceptics and questions to be answered. Hope Besante delivers.
Eventually, it will happen but with a variant. The stock on the news will peak but as the promoters pull out, it will go down but God knows how low to recover later. We might have to go to one more cycle and then, hopefully, it will reach another peak to finally close in late May (i.e. 22nd) for the sale. We're not through the turmoil until all the news are in and the results are good.
Good luck to all
Last message of the day.
Well today is Friday morning and we haven't seen the POP yet. It seems that this company has to prove that its products really work and the its management is trustworthy. It hasn't been done so far. We need more than grand promises and I'm also very doubtful that we're going to have an announcement on a Friday. We need the test results and the name of the company that has made the buyout offer.
If this company has been selling its technology for years for a greener engine, if it has the technology for a GPS based alarm system for vehicules, if it has the technology for vending machines, why is it at 3.6 cents waiting for news about the buying company? Just curious before buying!!!!!
This my last message of the day (restricted)
I've been told by some investors close to Techtane and Patriot Energy that the reason for all this "p@#$sing contest" and the bad mouthing by deSantis is that he has been busting his chops all these years to develop and sell these products with little relative success. Bisante shows up and with PRs and contacts, he has more success than deSantis and is on the verge of selling the company and technology. DeSantis wants more than the promissed shares and is doing his best to lower stock value to get in on the action himself. It sounds plausible to me but it still doesn't prove that this technology is fully functional. I think, based on the PGYC PRs, that the independant tests results are due in a week or 2. I will wait for the results and the name of the company involved in the sale before buying anymore.
I wish lots of money to all.
Here, we have taxes and government comittees. I 10% lub job is cheaper than 15% taxes and red tape while everyone will leave you alone. It also keeps the Russian government away since they're in bed together for the most part.
Good God people, don't stop. The stock gets cheaper and cheaper to buy. The cheaper the better. I'll take my chances. Growth through controversy.
You're both right. It will close at a penny this afternoon and open at .006 tomorrow morning.
The product is working but it's Raphael Huppe that's the weak point of this company. He keeps lying to everyone and coming up with new ways of screwing investors. He has to go or this company is going nowhere but down.
Correction, the date in the previous message should read June 20, 2008. Last message of the day. (restricted to 3 a day.)
Today was the court date for the hearing into Caroni's introductory for the permanent injunction. As advertised in the Quebec court system, it was scheduled for June 2, 2008. This was the date set during the hearing of June 5, 2008 during which the bench judge rejected the amendment to the initial application.
Rumours have it that neither Caroni nor his lawyers showed up in court today. Another Caroni special and his case is weaker and weaker everyday. He's done to the eyes of any judge if he decides to go at it again. He doesn't have a case against EFFC or anyone else. He's a fraud and has proved it again.
Not really, EFFC's amendment to reject BCS's case without a court hearing was rejected. It only means that the application will be heard and if it is approved, a court date will be decided probably in 2 years. In the meantime, EFFC can do whatever it wants. Intellectual property is like an open bar for lawyers and they're playing this one wonderfully making tons of money with both Caroni and Huppe. I think that I'll go back to school and become a lawyer. This way, I'll make money with the winners and the losers just like with brokers.
I'm afraid that you're stuck in reverse and all you can think about is the revenge factor. I think that Coroni is smarter than that and at least, he, knows where he stands. You don't seem to.
I think that Coroni is much smarter than you give him credit for. He has a sense of business that will make him take the business approach in lieu of strict emotional decisions that wouldn't profit to him in the long run. An out of court settlement would eliminate the risk of losing and being faced with nothing but a bitter defeat. During the hearing of the temporary injunction, the Coroni camp lost 14 of the 17 issues and they stopped the hearing to request more time to prepare for the remaining 3 issues. They never showed up at the last hearing. At best, the same would apply to the present request IF, and only IF, the courts decide to hear the request which doesn't bring any new light to the former lawsuit except for monetary compensation. Coroni is in a business where emotions are checked at the door which is slightly different than emotions displayed on this board in the past. Sorry but your approach is counter productive to all involved.
Coroni doesn't have a choice because the courts won't let him and he doesn't seem to know what to do with the SDS. Secondly, the investment is for edging. Thirdly, I wouldn't worry about the 350 K that EFFC would have to pay if I were you. Letting EFFC live is not in Coroni's control but in the courts if they even let him present his case which has not changed since the temporary injunction that he had no chance of winning. Why do you think that he didn't show up. Coroni is just buying time like he's done for the past 6 months.
No it doesn't.
I don't think that Coroni will settle for 250K. He feels that he's been had and possibly rightfully so; he's lost close to half a million bucks over the deal; and, his SDS has limited use. He won't accept less than 350K, in my opinion. If he's really smart, he'll accept 350, invest some in EFFC (trojan horse) and get whatever he can from the SDS. He would make a bundle of money with that approach while being edged. After all, he's like us, he wants money out of the whole deal.
I this can help with your total, I know 3 individuals that have 2.9 million, 1.2 million and 100 K respectively. These totals are tight.
Like I said earlier, EFFC has not been served with any paper and the Quebec court system has no record of any document. The documents shown in this site are basically an application for a motion not a lawsuit. This said, I don't think that Coroni is a faker. I think that he's genuinely p-i-s-s-e-d at Huppe and really think that half a million bucks should be awared to him. I tend to agree with him. I don't think that there should be an injunction against EFFC but Coroni deserves compensation for his contribution. Maybe proper comp would stop all this bull and let both technologies find their respective niche because there is a place for the CRAM and for the SDS.
There is no trace of such document within the Quebec Court system in Montreal. Several investors have checked with the same results. Furthermore, no one at EFFC has been served with any court document to that effect. I have also checked that possibility. If such documents exist, there's a major screw up within the court system and would be invalid due to such screw up. Any such document must be delivered in hand by a court official.
I just checked with the Quebec Court in Montreal and it was confirmed that nothing was ever filed from Coroni versus EFFC. This was all misinformation from the first message. After Coroni's performance regarding the temporary injunction, no judge would ever accept to hear another request for any type of injunction. I'm very confident that my 4M shares are in good hands and plan on buying some more tomorrow.
Good luck to all longs. $$$$$$$$soon$$$$$$
That's not what I'm saying. My say is the the SDS is Bio's but not the software. You may think or say what ever you want but I still believe that only the hardware was allocated to Bio way back last fall. As far as my money riding, it applies to what I think Coroni can do to make big bucks. If you have any idea, go right ahead and say it but I won't for now. I will later once the dust settles. I seem to be the only one who has any alternative for Corony except spend the next 10 years in court while some merely want to sink EFFC. Remember that intellectual property is like an open bar for lawyers and they can keep this going for decades which is detrimental to both companies. Just look at Microsoft. Both of these guys can make money using their respective technologies. Just think outside the box a little. (last message of the day)
Let's agree to disagree. With that aside, there is definitely a way for Coroni to make a bundle of money with the SDS and I will elaborate on this once the dust settles. For now, I don't want to lighten my EFFC position but I will get back to this. I have 4 million shares and I'll keep all the chances on my side. At 25 cents, it's a million bucks. If it's a viable option, I will be the first one to invest in Bio.
Nooooooooo, no, no!! This is wishfull thinking on your part. The courts gave Coroni the rights to the acronym SDS and the black box of September 2007. The Software and Algorythm was disputed in the injunction which was nullified when Coroni did not show up on April 24th and may 9th. Therefore, the software and algorythm were up for grabs. EFFC requested a patent for it. My information stands and yours is wishfull thinking regarding Coroni. Bio-Cogni Sauve did transfer all assets of Biocognisafe but the software and algorythm were not Bio's to begin with.