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Why is EPRO STILL ON THE SECURITY DELETIONS LIST for the OTCBB?
IR told me this was being taken care of "immediately" over a week ago..... it obviously hasn't been.
http://www.otcbb.com/asp/dailylist_search.asp?DirectSymbol=EPRO&OTCBB=OTCBB
What? Lack of volume? Or lack of news?
Did IR or management ever get back to you in regards to your inquiries last week?
I agree that one negative article in relations to our management from TSS which uses bias, unreliable sources, and innuendo isn't much of a concern (although more of a concern now due to the fact that management has decided to push us out of the loop). However, the other article which just recently came out in regards to our management is much more of a concern (especially because management has decided to not be transparent). The article I have listed below is written by a well-respected energy blogger and reporter in the Toronto area who has the track record to back up his articles and does not use unreliable sources like the other article. In short, he has no agenda and is trusted by many.
http://www.cleanbreak.ca/2010/03/24/buyer-beware-as-publicly-traded-companies-move-to-exploit-hype-around-ontario-fit-program/
Everyone keeps saying that things happening in the other company do end up affecting us here, so this negative press from this respected source can not be a good thing for us over here at MEVT. Our management should try to just be a little more transparent with its loyal shareholders because some honesty could go a long way to ease current and prospective investor's concerns.
PS- I would suggest reading all of the follow-up comments by Brent O'Connor and others below the article because they were very informative. Especially the last comment.
Me too! But there would have to be some HUGE changes with the way this management is treating us for that to happen. Without transparency and no updates, no one trusts in these guys enough to invest with them. They have truly tarnished their reputation by the way they have treated us loyal longs, what kind of new investor wants to deal with that. An open, honest update could go a long way here to getting things back on track.
Tax write off baby. I'm comfortable parting with EVERYTHING I have invested here. So I might as well just let it ride....
Plus, of course I have hope it will go up. There would just have to be some MAJOR changes in the way management treats its shareholders for that to happen.
I've sold a few at a loss, but not much of a loss. They were short term plays. How is this relevant to MEVT?
Unfortunately, you may have just slightly tarnished your reputation with predictions then.
Yes, because I made a profit on it.
I believe pigs can fly. LOL
Because no one is willing to pay 0.45 for my shares.
There was a certain whisperer on these boards who said something to that regards 6 months ago too...... we all know where we are now, what makes you think that another 6 months will be any different?
At this point, I've come to terms with parting with everything I have invested here. I think everyone else would be wise to do the same, so as not to get your hopes up, or get out before you lose it all. I'm alright going down in the end here so I'll be here till the bitter end (unless someone wants to take my shares off my hands at .45 right now, lol). This management is treating us like we're dirt, but at least we can get a tax write-off baby! Nice!
Always look for the positive in things.
They're already not dealing with ANY of us unruly shareholders...... LOL!
Why do they need more shares to have control of the company? They already have control of the company.... I feel like people are just grasping for any bit of hope now. That seems like a HUGE reach to me.
I've been trying to warn you guys for a long time now..... People really should be trying to contact management because something is obviously not right.... and it hasn't been right since they never followed up with us on the forward split.... that was the moment that management decided to completely disregard the needs of their shareholders and they still haven't let us know what the deal with that is. Something is not right here. Management needs to update us now.... BEFORE EPRO STARTS TRADING! They just have excuse after excuse for why we have no updates and the latest is that it's because EPRO isn't trading yet. We should all be tired of their excuses and they need to come out and be open with us.
It's truly a shame that this management has decided to treat us this way..... we've been nothing but loyal to them.
Give Martin Baldwin a call at (646)448-0197
Management really does need to work on their transparency. Due to management's lack of communication, as of now I am much more concerned by everything I am reading in this article in regards to our management and MEVT.
http://thestreetsweeper.org/undersurveillance.html?i=446
There seem to be some huge similarities to the way that AWSL and MEVT are being run, dealing with their so-called partners, and trying to secure certain 'rights'. The only difference being that this is all being exposed after AWSL's stock price is much higher than our own unfortunately.
Not to mention, a well-respected energy blogger and reporter in the Toronto area has just recently questioned the intentions of our management in their other company as well. Everyone keeps saying that things happening in the other company do end up affecting us here, so this negative press from this respected source (link below) can not be a good thing for us over here at MEVT.
http://www.cleanbreak.ca/2010/03/24/buyer-beware-as-publicly-traded-companies-move-to-exploit-hype-around-ontario-fit-program/
If management would be more transparent with us, then articles like these would not be as big of a worry and deterrent to potential and current investors.
I know that some people are currently in the process of contacting the company today for an update.
Included in the latest filing was the number for Martin Baldwin. His phone number is (646)448-0197 if you choose to contact him as per Richard the Realtor's suggestion.
An NT 10-K form was just submitted for EPRO so that they may file the 10-K late. I think they have 15 days now to file it.
I guess it's a no go. What do you suggest Oakland?
If anyone is willing to have multiple people electronically sign a respectful, tactful document expressing our concerns, I would be more than willing to sign it.
Maybe one well written letter with multiple signatures could be just as effective as everyone sending letters individually.
What do others think?
Nice, old bull. Very nice.
You're correct, I deleted that sentence......
I think you are making assumptions now..... remember what a wise man once said about assuming........
I'm just excited that others are coming to realize the same thing I realized a couple of months ago or at least publicly acknowledge it, that is it.
OK..... Not sure why my post elicited that response. I literally just repeated what you said in your post. I don't think hoping for an open and honest response alienates anyone.
Also, if anyone does hear back from IR or management and what they say sounds reasonable, please share it with the board or at least some of the other longs privately. Thanks in advance.
Now let's hope management responds in the way we all know they need to, with an honest and open update.
I apologize if many of my posts have come off as almost bashing. I need to try to find a better way of expressing my thoughts about this stock.
If you do look back and read all of my posts though, the underlying theme was EXACTLY what Richard just proposed. I guess I turned to almost bashing terms to try to get my ideas across because nobody seemed to be listening and everyone just seemed content with management disregarding us while the price per share kept falling.
While I do need to learn to communicate better, I must have been at least halfway effective for RTR (who had been a pretty big cheerleader) to come around and now publicly post that something must be done after the weeks and weeks of me constantly saying it.
Amen.
Thank god, finally some common sense from another of the longs..... this is just what I have been saying for the past 2 months.
Thank you Richard for finally rallying the troops, this management needs to know that we don't appreciate being disregarded and they need to become more open and honest with their loyal shareholders.
If RTR can finally see that something must be done and we can't just sit around complacently as the stock price goes to crap and management decides to disregard us loyal longs, every long should see it! Come on people!
Write IR and management, ask them about the Janus and Bluwood deals and why we haven't heard anything yet. Ask them why we don't have any updates on the company. Ask them why EPRO is going to be deleted from the OTCBB. Ask them why they never got back to us on the forward split in 2-3 weeks like they said they would. Ask them to update us on the letter recieved from PCL about legal action and the Hartindo rights. Ask them if their "investigation" into giving us EPRO shares has made any progress.
BUT MOST OF ALL, just ask them to be a little more open and honest with their loyal shareholders because it would go a long way.
Kind Regards,
Student
That sounds reasonable. I don't think we will end up merging though, I think the dividends things is more likely due to the fact that I think in order for an OTCBB stock to merge with another pink or BB stock the stock that is being acquired (in this case MEVT) has to have 2 years of audited financials available. Don't quote me on that though.
Besides all of this talk though, I still don't understand why we have received no follow-up to the supposed deals with Janus and Bluwood International, no numbers, no nothing. I even e-mailed IR about it and while Brent has got back to me in a very timely manner about most things I have asked, he has refused to mention the Bluwood or Janus deals. It just seems fishy to me.....
Also, EPRO is still on the OTCBB Security Deletions List..... I spoke with IR and they said this was being taken care of on Friday..... but unfortunately it is still on the list come Monday close.
I'm just trying to get any legitimate kind of reason for why these issues are still here lingering. The only plausible explanation I've got so far is that management either can't deliver or it is a scam. If anyone else can address these issues of the Security Deletions List or why we still haven't received updates on our supposed deals with Janus or Bluwood, I'm all ears. Is the consensus that we will receive updates on these deals when EPRO starts trading? And if that is the case then why even tell us about these deals before EPRO started trading? Or is this another one of those things that will be hush-hushed and swept under the carpet like some of the other supposed things that were supposed to happen that management decided to just leave us in the dust about.... Thanks in advance.
-Student
I just shot you an e-mail man.
Yes, but as of now I don't own any other stocks in the pinksheets, and I am probably done investing in the pinksheets. I've realized that it is not the place for me and I currently own stocks on the larger, more regulated exchanges. However, I am letting my MEVT investment ride it out.... unless someone wants to buy my shares for me at 0.45. Which obviously no one wants to take those off my hands.
Once EPRO makes an entry, what do you expect to happen for us over here at MEVT?
A 1 to 1 dividend? A merger? And if that is what you think, then why do you think that?
I'd rather keep a balanced board, and since it seems like I am the only one willing to state the negative facts here, I don't really see any reason to stop. I tried stopping the negative posts a while back for a month or two and then management just kept pulling more and more BS with more and more delays and I got sick of it not being talked about because it was a huge issue.
Sorry guys, but I'm not breaking any forum rules and I believe that this is something which should be talked about and in the open. Kind of the way that management should be open with us, their loyal shareholders. I'm sure management isn't going to change anything by us talking about it, but at least it lets them know we aren't being fooled here and we don't appreciate the way they have been disregarding our concerns.
I'm having no effect whatsoever on whether or not new investors enter this stock. Every new investor is too smart to fall for the same mistakes you and I made by buying this stock now. They can clearly see what this management has said and not delivered on in the past without anything I say, I mean it is in plain sight for everyone and really hard to miss. No new investors will enter this stock until management shows that they are trustworthy and can produce some results here. Nothing that you or I can say will affect any new investor to this stock right now because no one is dumb enough to buy until this management demonstrates they are not incompetent or scamming everyone and can produce some results.
To your other points about doing my DD, I did do my DD here. Unfortunately, everything that management said they would do they just never ended up doing..... I'm not sure how I could have done my DD any differently. I was just a fool for trusting what this management said like the rest of us who are still here.
LOL, touché.....
I completely agree and I take full responsibility for my investment in this stock. However, it doesn't mean I can't also be mad at this management for pulling the wool over my eyes, even if it is my own fault that I fell for it just like the rest of us here.
Seriously? What would it take then?
They've already deceived us and haven't followed through on ANYTHING they said they would. We can't actually verify a single thing they've said in any PR yet. I don't understand how anyone can not be pissed at this point. Not to mention the current PPS.....
I guess technically they haven't increased the OS and that's a good thing, but every other pinkscam BS they could try to pull, they have.
This seems like just another typical pinksheets scam where we are promised the world and delivered nothing. If anyone can prove this is otherwise then I am all ears, I'd like to think I didn't get fooled when investing here but at this point it looks like that is the case.
Isn't everyone pissed at management at this point? I feel that some just choose not to show it on forums. I certainly believe I have a right to be pissed with the cestpool management has been dragging us through.
Good Evening Richard,
I'm a guy. I figured you would have figured that out since I've been posting on this board and invested in this stock since October 1st. But I guess maybe it's hard to tell on message boards.
Kindly,
Student
No one is posting here because management has decided to stop informing shareholders about what is going on. They've decided to keep it behind closed doors as the share price falls into the oblivion.
When management decides to be open and honest maybe the board will pick back up again, and hopefully the stock price will too. Unfortunately, the way this is going, this management isn't trustworthy anymore, they really have a long way to go to prove themselves in this stock.