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There had been a stretch with no PRs which I think caused it to drop off some; not that it is a well known stock anyway. However, when it does get noticed, and they do what they are saying they are going to do, IMO the SP is going to have a much higher value then it sits now and the PPS is going to go way up very quickly.
I am glad to be in this before all the big traders are aware of it. Now I am just waiting for EFGU to get noticed!
Probably buying more on Monday! I will wait and see what happens then.
I am looking forward to what comes about from this paragraph in the PR yesterday after the close.
"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
That statement of "new financing" has really had me thinking since I read it. I wonder what is going to happen in the next couple of quarters with them saying there is going to be a reduction of debt, new financing, and more PRs to come?
I agree. I was surprised to see that the PRs came when they do. I also like the fact that they are saying there are more PRs to come in the next few weeks.
IMO things will start picking up really, really soon!
They were making record profits over Q1 and Q2. They now are saying with this new distribution structure they will improve revenues and profits. Anytime you can increase "revenues and bottom-line profits" is a great thing.
I would love to see an update from beacon equity now! February 23, 2009 they gave a price target of $.48. http://issuu.com/beaconequity/docs/efgu
If their new structure will improve revenues and profits, then I wonder where this stock can really go to. I am firmly believing in the .48 more now than ever. Wouldn't be to shabby if it does. $500 at .08 would be $3000 at .48! Only time will tell, but I know I have more than $500 in it and looking forward to the first couple of quarters of 2010!
There is a definite progression in the PRs over this year about EFGUs financial situation that looks really, really good!
Theatrical Releases Position Empire Film Group for Record Q1 Video Results
MALIBU, Calif., Aug. 17, 2009 (GLOBE NEWSWIRE)
http://app.quotemedia.com/quotetools/newsStoryPopup.go?storyId=24451933&topic=EFGU&symbology=null&cp=null&webmasterId=100941
Empire Posts Record Profits With Q2 Results Sep. 4, 2009 (GlobeNewswire) http://app.quotemedia.com/quotetools/newsStoryPopup.go?storyId=24788393&topic=EFGU&symbology=null&cp=null&webmasterId=100941
With the last being: New Empire Distribution Structure Will Improve Revenues and Profits Nov 27, 2009 (MARKETWIRE via COMTEX) http://www.pinksheets.com/pink/quote/quote.jsp?symbol=efgu#getNews
Briefly read over the PRs. At first glance they look great. Says there are more PRs to come in the next few weeks.
I love the part of better revenues and lowering debt. I will look at them closer before Monday and respond further.
At this point I would say I will be adding more on Monday morning!
I'm riding free shares at this point. I am waiting until the grant money or private investing comes in to shoot this thing up into pennyland!
I am hoping you are right!
I like where we are sitting going into December. Trying to decide if I want to buy more now or wait until next week or if I will be satisfied with what I have.
I have done a lot of DD on SYMW from talking to the University through emails and talking to the CEO on the phone. SYNJ has never come up any where that I can remember.
Can someone please tell me what the connection is that you are seeing.
I anticipated low volume today. IMO most are waiting for the news of contracts!
Liking any buys at .0002!!
Thanks for the information. Can you provide a link to this? This is starting to get better and better.
My question is why did they lose current information and when will the next PR come?
Why not tell us how many shares you have before asking everyone else?
I wish I could read German to see what the posts are saying. Of course you don't have to read German to see it is up 150%.
I wonder what exactly is going on in with this company that would make it be trading in Germany and make it go up 150%?
I agree with your assessment 100%. It had been at no bid for a long time and people were waiting to get out. They finally got their wish.
What are they doing? Don't they know it's Thanksgiving today? LOL! 150% gives me another reason to be thankful today.
It does make one wonder what we are in store for tomorrow and the next couple of weeks. I am at the point though that I would rather things stop being left behind the scene and brought to the forefront for all of us shareholders.
It was worth the risk a while back when I got in, or I wouldn't have gotten into it. I have to say I have been very disappointed with it until now. It's showing a heartbeat, which is good. We just need a contract or two to stabilize the blood pressure and get everything moving.
Excellent, well thought out, and informative post! Thanks for the extras to read and the time you spent to put it together.
Hoping the third time is charm for you, which will mean great things for us too!
I have about twice as much here as I did in M**I, but right now wishing it would have been the other way around! I always think that about all of them when one is doing good and another one is holding on for all its worth.
IMO I think this one will move again when the update PR comes. I personally think the upside for this one is just as good as M**I. Unlike M**I, SYMW does not have an actual product yet. We are still in the R&D stage. I am invested because I think they can make it work.
I am also aware that the financials, when finally released will not be good.
Hope you're having a good Thanksgiving. I ran out of posts yesterday because one of my stocks I thought was dead got a heartbeat yesterday. I wish I had PM, but I am still a freebie. One of these days I will hit it big and be willing to pay for it.
I did talk to the CEO on November 18 and this is what I wrote about it along with a couple of responses for others.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43693299
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43716180
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43731904
I agree. I am a small time investor in comparison to most I read about on these boards. I don't have a lot of money to invest, but I am trying to be wise about my investments.
I keep adding to this stock because of my DD and the information I have gleaned from some of the longs on this board.
With the number of stock I currently have I don't see it making me rich by any stretch of the imagination. However, it could change a lot of things.
This truly is an undervalued stock selling at .06-.085 and having a value of .19 according to the recent filings. I am so wishing for a PR, but will continue to add a little here and a little there until it comes.
I am hoping for those PRs that make me regret not buying more when I had the chance.
58,287 and growing!
All these new people coming in and in an instant making predictions or bashing away. It cracks me up!!
This has been at no bid for a long time. At this level only a basher expects to buy a stock at .0001 and expect its real value be at .1 or something.
At this stage I am simply happy to see the company has a heart beat. Over this last couple of weeks there has been talk of a PR and a possible contract. The Air Force and Shell have been thrown around as possibilities.
I'll be the first to tell you I didn't believe a PR was coming this month. At this point I think it's worth a few hundred dollars to see what happens. This filing surprises me because we all knew the company is not in good shape, however, they have put it out there for everyone to see for themselves.
The PR did come, that is the truth that no one can deny. What is left is the prediction of the contract from the poster who talked with the CEO. If it turns out to be a contract with a major entity the whole aspect of this company can change very quickly.
IMO don't ever buy a stock at .0001 for its value! It's value stinks, that's why it is at .0001! Buy it for it's potential. IMO not all .0001 stocks have the same potential. I have long thought why did I ever put a few hundred dollars in this stock. I am still not sure of the potential, but I can at least cling to a possibility now.
Contract from major entity could very well come true!! IMO its worth a small risk and the possibility of a potential is creeping onto the scene.
The right PR next week can change everything.
This is my last post of the day and I am spending it on EVFL. I sold 23M shares on Monday and was left with 3.5M. I saw the R/S news and decided to try and sell 1M at Market. It sold at .0001. I then put in my other 2.5M at market and it also sold at .0001.
I simply lost my E*Trade fees, but I know that after the R/S there is a fee that comes with that and the market will probably open up at approximately 40-50% of the value it should be and there will probably be a big sell off.
If you want out at .0001 it may still work for you too to get in front of the line of limit orders of .0001.
I will check back after the R/S and see what is happening. Who knows, this might be the first R/S for a sub-penny that actually turns out favorably.
Thanks to all the longs here. Over and out and holding no shares at this point. Not going to stay around and bash like some others do.
Pump the brakes there negative nancy!! This is the first news in forever. Let's enjoy it for what it is, news.
I agree, until talks of contracts this will go nowhere. However, many here believe this is the lead-in to a PR about a contract.
I am hoping the chatter over the last few weeks of upcoming contracts is true. Sure seems that way with the PR that I didn't think would happen this month.
Here's to having a good Thanksgiving and hoping for a PR of a signed contract on Friday or Monday!
1 Post left for today!
L2 has 4@1 and 9@2. There is also an ask on there for $2. Do they know something that we don't?
I sure don't see $2 happening, but stranger things have happened.
It is definitely going to take more news to get this moving.
You have to look at the 120 day chart to see volume like this. Haven't seen this much chatter on the board since I have been on this board.
This was a good pick-me-up. If this was holding back a contract, then it shouldn't be long before the contract is announced.
3@1 and 10@2
Considering how little has gone on with the company over the last year or so, the share structure doesn't look to bad at this point. A contract with Shell or the Air Force would do wonders to the PPS in my opinion.
If this is the case, then I see another PR in the near future!
Come on ECCI, you can do it! Take that deep breath and let's get to moving!
We have a pulse. Blood pressure is starting to come up; there's a chance it can stabilize!
I could see having a sell at bid when there was no chance of news, but IMO they are going to wish they wouldn't have done this when the next news comes out.
Is a contract in order here? I hope so!
I will be ecstatic if we can see the 2s leave the ask at this point. If we can close still having a bid I will be happy. I have been waiting on this one for a long time.
Some of the chatter about news in November I thought was just chatter. I have never been so glad to be wrong.
Bring on the news! Bring on the contracts! Bring on the higher PPS!
WE HAVE A BID!!!! This is the last thing I expected before Thanksgiving here!
I am still learning about how to read charts, and probably will forever be learning as IMO they are not an exact science. Having said that, the Bollinger Band sure is tightening up here at these levels.
The highs over the last few days are staying about the same, but the lows keep coming up. Maybe a breakout is coming. IMO with a PR comes a time to break out of this. A whole lot of accumulation is taking place according to the chart I am looking at.
We could be seeing a very good December, but a great Q1 and Q2 of 2010.
IMO, from what he told me, he will give an update on all of it at the same time. At this point he told me the NDA was still intact, but it didn't mean that SYMW was bound to it. He wanted to do what was best for SYMW.
With him saying he is trying to utilize the money SYMW has in the most effective manner my bet is he will do one PR stating a little about everything going on with SYMW.
IMO it will not be earth shattering news at this point, but IMO there will be some major news Q1 of 2010. This is only my thoughts, my guess, and my way of staying in with SYMW. Anything sooner is icing on the top as far as I am concerned.
We are looking for a working project to start marketing. We need the news that they have a working model built for where SYMW wants to take it.
A nice .08 and some .085s have gone across today. 82,500 volume on those. Hopefully we can have a PR soon telling us what is going on now. Doubt we get one this week, but the first part of December I would think we should get something.
The financials are looking too good at this part for there to be problems.
The problems with PRs from any company is that they can be merely fluff. The problem without PRs is that investors start to worry something is wrong. IMO when the next set of PRs comes out it is going to be the meat and potatoes kind. At least that is why I am investing in this company, their continued growth and their future endeavors.
Several 6s just went by, albeit 880K, but they were still 6s.
Definitely not looking for any news this week IMO. When I asked JD if we would have news before the end of the year he said definitely and it would be sooner then that.
We shall see if he is a man of his word. IMO that is why I am here. I think this can work, but interest in the stock by the majority seems to be losing steam.
I have said many times I don't want some fluff PR, but it seems that no news is not the best way either. IMO we will get a PR between Dec 14-18. Anything before that will surprise me and anything after that will start to make be worried.
I was just looking through old PRs from SYMW. I especially like the one on the government grant where it says:
SymPowerco CEO, John Davenport, commented, "We at SymPowerco are very excited and pleased that the lengthy application process for this grant has been so successful. Our application went through an exhaustive process of evaluation and peer review. The peer reviews were conducted by academics from various universities and research organizations and by successful business people. They were all chosen by the Ontario Centres of Excellence and were all anonymous to SymPowerco. We believe this process and the grant funding is very confirming of the importance and viability of SymPowerco's Flowing Electrolyte Direct Methanol Fuel Cell technologies."
http://www.marketwire.com/press-release/Sympowerco-Corp-1023187.html
At this stage I'm not sure how much weight I put into that report just because it was done so long ago.
I wonder why there were consistently so many PRs and now it has been since Sep 4 since the last PR? I am holding hope that this next PR is going to be great.
Just wondering what your thoughts are on EFGU since you are the moderator? Are you still invested? If you are, does this stock look better to you today then it did a year ago at a much higher pps? TIA