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PR was talked about in the middle of November from this company that had been left for dead. The PR came and it was not fluff.
Talk during this time has been of contracts coming. With the previous PR this very well could be the truth. Has this sleeping company come up out of its slumber?
Let's get 'em falling and the pps rising!
I have had zero problems with E*Trade on pinkies!
I think this is why I am hesitant. I think they are going in the right directions, but am not convinced at this point the quarterly finances are going to be all that earth shattering. The fourth quarter will probably be more in line with where it is going.
Too many flippers in stocks like these and then you get stuck waiting and waiting for something else to bring them back. It could be that the major flippers are already out which brought the pps lower. Also the volume has dropped dramatically.
"Over the next few weeks, Empire will be announcing its current release slate and distribution structure, as well as details of new financing and production activities," said Bornstein. "Our fourth quarter financials and filings will reflect a major reduction in debt and overhead, with the company better positioned for improved revenues and profits." http://www.pinksheets.com/pink/quote/quote.jsp?symbol=efgu#getNews
We have had one complete week to between this PR and now. The 'next few weeks' to me means about three. We may not get anything this week, but IMO the PRs and filings should start coming by the week of Dec 14!
This looks primed and ready for something great.
If the financials are bad, then will you sell or are you in this long term?
I am trying to be convinced in my mind that the 200dma is going to be the support and not have a break through. I hate a break through of the support. I am ready to pull the trigger, but something just does not seem right and I do not know what it is.
I have read the ibox and all of the good DD. Waiting to see the finances I guess. They could come and be great and this fly so quick I miss it. They could be bad and people start bailing out and I get in on a bigger dip down.
The real question is in the near term, which way will she go?
Fireworks are on the way! Anytime soon!
Thinking for the worst case scenario leaves no feelings hurt and hopes unmet. If something better happens, then excitement and jubilation. Good tactic to have I guess.
To be honest, once I stop believing that it will happen I will sell my shares, post that, and move on to something else. Hey, that's just how I roll. This is a free country and a free board. Do what you want.
I have been here for a long time and have been very discouraged myself. I want to see if it comes to life. Not enough time in each day to be negative.
I agree. It sounded like this could happen very soon from their latest PRs before the year is ended.
I am hoping for multiple PRs in rapid succession within a given week or two span.
I was talking to someone this weekend about EFGU this weekend. They said the float was too low and the volume was too low. This is someone that is very popular on iHub. I lol about the float being too low, but not the volume being too low.
The problem we have here at EFGU is low volume. The low float however is a really huge asset for us shareholders. When the volume finally hits, the low float will help this stock take off to new highs very, very quickly IMO.
I can not overstate this, I love the low float here. It is just that low volume that is killing us right now.
I LOL when I see posts that state events that have not happened as a truth. No wonder we live in a world where moral relativism is running rampant.
The poster states: "Actually, when the year ends ECCI will end at .0001 and that is a fact..." Oh after reading it again I see the thought here. The fact that is being stated is that this year will end; I see now! Better yet, this could also be the end of .0001 for ECCI if/when the contract PRs finally do come to fruition. It is going on to new highs.
THANK YOU for pointing this out and sorry for the misunderstanding. Happy closing of the .0001 and Happy New Year to something better for ECCI.
By the way, JMO and not trying to post it as a 'fact!'
I think they are going to become more and more rare here in the near future.
The giant just may have come awake!
I have given practically everything I have for SYMW to this board. Everything else I have is from DD on the internet. I have sent emails also, but there has never been a response to that.
I posted the information I got from my phone call on the site the same day I made the call on both occasions. One phone call was on November 18 and the other phone call was on Dec 4.
What I posted yesterday was from my follow-up phone call. Check it out for what was posted on Nov 18, there is a post with about 2 follow-up posts for clarification.
Thanks again. Hanging tight, giving it time to simmer, and not losing patience in this instant gratification society we live in today!
The way I took it was that he is definitely going to give a PR by the end of the year. He said he is working on multiple things right now and how exciting it would be if they all came together at the same time.
He makes it sound like he is covering a lot areas for this company to have a better chance of doing great! IMO he is coming to a point of having to make a decision on which road to take. Past history demonstrates we have a no fluff PR kind of CEO. IMO the next PR(s) is/are going to be something to talk about for a long time to come.
NOTE: I am only doing my own DD and sharing it with the board. I always have a fear when it comes to penny stocks and their CEOs. At this point I believe what JD is saying. We have until the end of the year to see if there really is any meat on what he has been telling me. I have put a lot of my (for me) in him and the future of SYMW.
From Tryz post:
To all here,i work very hard to this forum and to all investor related questions in being a moderator and its uncovering of due diligence!........again,with my coorespondence [DUE DILIGENCE] thru the investor side to MDFI...{1-888-848-0300 ext.410}...
If I am reading it correctly, then tryz did not talk to the CEO. Tryz talked to investor relations. There is a big difference!
I've been in for a long time now. If you know the company, then jump on in the "water is good and clean here!"
Is this when you are expecting the contract news to hit or are you expecting for people to jump on board next week in preparation for the contract news that should come by the week of the 14th.
I still think something is up with all the talk of PRs and contracts on the way in November to them actually updating people about their financials in November.
It certainly will not take much for this one to leave the .0001 land behind.
He is definitely not one for putting out fluff PRs. I think it is going to be good. I'm banking on it being good.
I also don't think he is one for sugar coating what he is talking about on the phone either. I could be wrong, I have been before, but I don't think I am here.
I have 4.3M+ shares, but I got them at a higher pps. If I had only waited to put all the money in today I would have a lot more shares.
I am looking for a good grilled steak to gnaw on with this PR and not some double cheeseburger from some fast-food restaurant.
MDFI is hanging on! I am waiting for the delay to be over and the countdown to liftoff to be underway!
I am only reluctant because I don't know the date when the PR will be coming. Between now and then I could have gotten in for .0005! For $600 that would have been 1.2M instead of 1M. At this point I am not willing to take the chance of missing out.
I believe this thing will fly. That talk about 10X the pps was all brought up by him and he genuinely sounded like he thinks it will happen when updates the people on what is happening at SYMW.
This is one of the few stocks that I have been involved in that the CEO is willing to talk to a shareholder. I definitely see this as a good sign from my past experience. Only time will tell the truth on this one.
I think people are becoming impatient and selling. I don't blame them, but IMO it is going to be a mistake.
News is on the way! Give it time. JD wants to make it be great IMO.
I was somewhat reluctant to put another $600 in it at this point of averaging down! That is a lot of money for someone like me to put into a speculative stock. I hope I am reading this CEO correctly and he is shooting it to me straight.
IMO he is going to pull through for himself, for SYMW, and for its shareholders!
I agree with you 100%. I am choosing to believe JD and my two phone conversations with him. I too am tired of the pps continuing to drop over the last period of time.
I am giving it until the end of the year, but I really don't think we are going to have to wait that long.
I know. Others are moving constantly. We just seem to sit here. I definitely see this as more of an investment and think it will go up sooner or later.
I have a lot invested in this company, but not enough to make that kind of profit. Where are you seeing the pps going to in order to make that kind of profit?
Sometimes I wonder if I would be better served to look at this on Saturdays only. It's like watching a pot of water waiting for it to boil. You know the heat is there and sooner or later it will boil. I know there is something to EFGU, but the watching and waiting to get to a person!
Are we going to be getting news about those contracts from Shell or the Air Force any time soon?
I have said here since the time I talked with him on November 18 that I would expect a PR by Dec 15. After talking with him again I still think it will not be any earlier than the 15. At this point he will not tell me a definite date and I did not push for one. I will not be surprised if it is also after the 15th.
Once again you have outdone yourself. Thank you for the extra time and extra energy you have put into the DD and posting it on this board. I am grateful to you.
It took about 30 seconds to fill. I posted my phone conversation also. It was a 13 minute conversation that took me 40 minutes or so to type! Go figure.
Phone conversation with John Davenport CEO and President of SYMW.
This is a follow-up conversation I had with JD over the phone on November 18. I am with the understanding that a CEO should talk big about the company he is involved with so it makes it a little more difficult to believe everything that a CEO says. In the case of JD, I am choosing to believe what he has told me. I bought another 1M today like I said I would.
I will state what I asked and give a recount (as best as I can) of what he said in italics.
I asked him about the University updating their site with information about their R&D. He said he knew nothing about that and the only way they can give an update is when they both agree to give an update. He said his concern would be any competition getting information that he doesn't want them having. Having said that I highly doubt the University will be putting anything on their website.
I asked him about the share structure and if there is going to be an update on the OS. I told him that I feared a R/S with the current OS being around 10B. He said that the OS is higher than he would like for it to be, but there is going to be an update on that as well. He said there was absolutely no plans for a R/S. From the way he talked, I don't think the OS has changed much from 9-30-09. He just sounded like he wished it was lower, but that is part of building a company and a product.
He quickly reminded me that he owns over half, stating that he has a huge vested interest in the company.
He told this story about the pilot guarantee. He said sometimes when you are in a plane there are some problems that occur. You get worried about crashing. When this happens don't forget about the pilot's guarantee. The guarantee is that the pilot wants to land safely also. Having over half of the shares in my name I definitely want this thing to work.
He said that fuel cells had been to the moon and back. He has told many of his friends his dream is to put wheels on them and drive them around here on the earth.
Here talked about there being a transition period for the company over the last few months. The deal that fell through earlier this summer caused a repositioning for the company. He said looking at it closer he was definitely glad that he saw it before it was too late. It was a good thing to not be a part of that deal. At this stage he is glad that SYMW was not in too deep with any particular company.
I asked him about the NDA and he saidit is still in effect. However, he has been in contact with several companies and there are several opportunities that could pull through really soon. At this point SYMW is being left with a decision on which way to go and with whom to go.
He said that he wants to make the best decision for SYMW and its shareholders.
I asked him about the financial strains that had occurred over the last year and what he had said on Nov. 18. I asked him if things were looking better or worse as far as private and government money. He said "ABSOLUTELY BETTER!" Things are definitely improving in that area again. There are government plans that are coming together that will benefit SYMW from the USA and from Canada.
I was excited to talk to him and hear what he had to say, then he said this. Remember that you are dealing with a penny stock. It can jump a whole lot on a little of nothing. It can also jump 10 times its current value when something good comes out. At the levels it is now, it could very well jump 10 times its current price when all the news comes out that I am going to be putting out before the end of the year. If it can all come together at the same time people will be amazed. He sounded truly excited about the potential here.
I again want to let everyone know that I am not a pumper or a basher. I am just an individual trying to do my own DD along with the information I can glean from iHub.
I am putting my money where my typing is on this board. It is the top of the hour now and at 5 after I am going to place another order for SYMW for 1M shares at .0006!
I am confident this is going to take off when the PR comes out that I might miss getting in on 5s between now and then (if it continues going down), but I will not have missed out on the 6s when this thing takes-off.
Once I have placed my order, I will write out the information I received from JD over the phone this morning.
I will start writing it out all in one post. JD is a really nice man to talk to on the phone. I'm sure he doesn't like people hounding him, but he remembered my call and by voicemail a couple of days ago. I asked him several follow-up questions and he answered them all.
I will write them as best as I can remember and from the notes that I was taking while talking to him.
What is the view of the people here? Do you want me to write one long post with the information like I did on November 18 or do you want bits and pieces throughout the day?
There's more to come. Give me the time. I'm trying to decide how much more I want to put up at this point. I think I am going to buy another 1M shares at 6.
SYMW has made it onto my favorite stock list in my profile after the conversation I had with JD.