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.
And how might that information be verified?
Surely? The best ones don't go 'public' until the major damage has already been done
Hardly
No indication company is anywhere remotely close to operating cash flow break even, let alone a generator
Must be an opinion. Certainly not reality
Your point being...
Still no volume confirmation
The farther away from Iowa these legislators are, the better chance you have. Good luck
And there are no guarantees that one chance will lead to the promised land for just that reason that it is indeed a monumental undertaking. Execution and logistics are no easy pieces
Didn't say it was. Many shareholders have been regularly exchanging services for shares
No guarantees. Product may or may not prove competitive or superior. Execution of plan rarely smooth and often gets ugly as logistics become high hurdles
1.2 mm additional shares issued in lieu of non existent cash for services rendered by vendors and consultants during calendar 4q16, for dilution of just under 2%
Read this line often over the past 180 weeks
Unoriginal
Implosion imminent
Maybe ...
Next week...
Next month...
Next year...
Not
"Hope to..."
Same line for the past three years. Zero sense of timing
Perhaps not, but plenty of fake time lines
Not even close. Shares o/s as of 6/30/11- or about 5 yrs and 7 months ago - 41,537,327. Shares o/s as of 9/30/16 were 64,080,899, merely a 54.3% increase
$961mm market cap
Field of dreams
Dilution ... The track record
Qtr ended Shs O/S %Change yr-yr
09/30/16 64,080,899 5.5%
06/30/16 63,299,729 7.3%
03/31/16 61,920,023 5.4%
12/31/15 61,239,294 5.4%
09/30/15 60,742,865 6.5%
06/30/15 58,995,187 4.3%
03/31/15 58,751,053 7.5%
12/31/14 58,101,037 9.4%
09/30/14 57,044,475 9.6%
06/30/14 56,564,842 10.3%
03/31/14 54,649,109 10.4%
12/31/13 53,123,849 7.3%
09/30/13 52,041,684 5.1%
06/30/13 51,593,018 3.3%
03/31/13 49,501,745 NA
12/31/12 49,501,745 NA
09/30/12 49,501,745 NA
06/30/12 49,938,775 20.2%
06/30/11 41,537,327 NA
Show me the signed and sealed deal with meaningful minimum guaranteed order quantities and by extension levels of revenues that would justify a market cap significantly higher than $21mm
A lot of traders and flippers become investors by default when they are unwilling and/or unable to close a losing position. In this roach motel situation where anyone who owns more than, say, $10k of stock is effectively stuck, ECSL and for that matter igmb are undated options that may or may not pay off somewhere out there in time. But without audited financials by a legit accounting firm showing meaningful top line improvement and much closer to operating cash flow breakeven adjusted for share grants to vendors and consultants, this stock will likely remain in irons
It has round tripped since the announcement early last fall
This up and down 25% garbage is pretty much the fallout of the ridiculous 20%-plus bid-ask spread that has been prevalent often over the past 2-3 weeks
Not true. A company can grow without debt if it operates with insanely high pretax margins and/or keeps distributing shares in lieu of cash to satisfy vendor and consultant obligations
By May 15... I'll take the other side of that bet
And that will likely continue until such time as the company releases audited results that show significant growth in revenues, an improving balance sheet, and operating cash flow close to breakeven
$620mm market cap
Yield of dreams
Only 130 days to go until non insiders gain access to fy3q17 unaudited numbers and supplementary info. Patience may be a virtue. In this corporate saga, it's a necessity
Patience has been and still is a must. Ignore all suggestive phrases relating to optimistic time tables
No surprise when you essentially have one full time job executive trying to navigate the entire ship. As I noted before, he seems incapable of hiring and retaining strong sales, marketing, or operations people
Never forget that Robertson is anything but objective and is big time biased owing to the hundreds of thousands of shares of stock he has been compensated with in lieu of cash over the past few years
So much for one source of so called dd
News in the form of a signed, sealed, and delivered agreement to supply real product would be welcome progress, but this remains a show me stock. Until meaningfully higher revenues with operating cash flow trending much closer to breakeven is reported under Gaap standards, a lid will remain over the stock
NOL ... Steadily getting worse and worse
DD via ir not required. No cash. And definitely operating cash flow negative even while paying many service vendors and consultants with shares
Totally agree. Often times, timing is everything. The sole true full timer at the company has proved thus far he is not a closer of a meaningful deal or joint venture. The numbers prove it, protestations to the contrary
Higher pps unlikely until higher sps becomes a reality rather than a myth