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bearclaw.. so, what do you think about the company going to add 64 billion shares to their already obscenely high 7 billion?
gerlac68.. I'm not going anywhere. I'm sticking around this board for a while to let potential new investors know what has been going on with this company.
What you guys don't want new investors to know (The facts surrounding this stock), I'm going to tell them.
Much like you are wrong about this stock, you are wrong about my identity. This is my only posting name on ihub. But again, thanks for playing.
My only one, but thanks for playing.
Well, we're all going to make alot of money on ETIM, and it's not going to be because of what any chart told us to do.
I've gone through all the chart and TA stuff. I believe OBV, Money Flow, A/D, and other volume related indicators are about the only technical tools of any use in my honest opinion, but we're allowed to disagree. :).
Oh yea, the "chartists".. You guys are all millionaires right?
I'm actually rooting against anymore PR's this week. I have no problem at all adding to my position at these levels as resources become available to me. You guys should be doing the same.
qaswaseas.. Pink's move on PR.. If there's no PR you can wait for the shares to fall into your lap at or below the bid.
They'll come when they come.. There's no hurry.
bartermania, market cap is lower because the company continues to issue more shares and they have yet to turn a profit.
The more and more I think about it.. the more I like the idea of PGA Tour being the next licensing agreement.
It's estimated in the United States that there are 26-37 million golfers. A good percentage of these are elderly in the late stages of life. Alot are quite passionate about the game.
I'm sure the design team can come up with tasteful urns and caskets.
ToTheBank.. I read your post and saw PGA? and said to myself, PGA? What?
But it got me thinking.. Millions of everyday golfers are retirees who are in their final years. Alot of them have a bit of money to spend and they spend gazillions on new clubs and golf balls and what have you.
An urn with some sort of golf emblem or golf bag, golf club, or some sort of replica tournament trophy would seem to fit the bill here for ETIM. Hope they look into this idea.
What?
.0002 every day is 0.073 a year.
Who on earth wouldn't take that?
fivestar.. I've been completely consistant all the way along.
I believe in massive growth in the sales and profits of this company. Long-term prospects are unbelievable. I'll repeat.. a gold-mine!
That doesn't equate to the stock shooting through the roof overnight or even while on the pinkies. I have extreme patience with this stock, something many around here, including yourself, don't seem to have.
OT: or.. 33% shot at turning $200 into $2000.. turn $2000 into 1000% = $20k.
Instead of betting $200 to win $2000 at 99% guarantee.. I'm taking $200 shot to win $20k at 33%. $2k just doesn't cut it for me.. . I'd rather increase my current position by 25% than 2.5%.
fivestar.. Thanks for verifying my long position on this company by bringing up my old posts. Appreciate it.
OT: qaswaseas... Wagering on horse racing has been a profitable hobby for me for sometime. When you have information that most of the public doesn't have, you must act on it.
When a horse that is likely to be going off anywhere from 8-1 to 15-1, and I believe has a 25-33% chance of winning the race, I would be foolish not to act.
I wager about 18-24 races a year when these situations come along. I do quite well.
No really? Gee i didn't know that.. Thanks for the free information..
No problem right? We'll just got up 300% every month, nice and easy..
.009 on April 1st
.027 on May 1st
.081 on June 1st
.243 on July 1st
.729 on August 1st
We're all going to be MILLIONAIRES before Summer is OVER!!!!
:-/ No matter how great the stock is.. every board will have its "people".
fivestar.. There is massive potential here. I've been saying that all along. It's one of my favorite investments of all time. There's gasoline just waiting to be set on fire.. But it's not going to happen until A/F's and OTC BB!!
When I say hardly anyone knows about them, I'm referring to potential customers. Not investors.
A good pink sheet investor, who analyzes dozens of companies and finds the best prospect, will have discovered this company. There just aren't many gigantic (multi-million $) investors who will take a chance in a pink sheet market with 98% of the stocks are either scams, duds, or ran by incompetant management.
It personally wouldn't matter to me if we rattled between .0025-.0035 for the next several weeks. Give me a little time to accumulate more shares (not many, just what i can afford at the moment). Actually, there's a horse running at Philly Park this Saturday that I plan to put a pretty big wager on ($200). if that comes in it'll be ETIM money.
equityhunter.. If there were multi-million dollar investors out there dabbling in the pink sheets, why are they waiting to buy shares at .006-.008 when they can add them now at .003 ?
ETIM is not exactly well known yet, but they aren't this huge gigantic secret to pink sheet investors. They've had very active message boards and threads on a numerous penny websites and they were featured around the country on CBS News affiliates.
When I scan for stocks to invest in, I usually look at the active board, usually compile a list of 25-30 of them and check them all out one by one to see which looks like the best investment. This is how I found ETIM. Big time investors would do the same IMO and ETIM has been well out there and fairly active on the forums (especially this one).
My thoughts? Multi-millionaire investors don't dabble in Pink Sheets. They are looking for accountability and responsibility from management. They are looking for steady growth. They won't throw a dime into anything until they get the comfort. They would rather pay .01/share for a company that has shown they can regular report audited financials than .003 in an unregulated market.
There are pink sheets that make massive .001 to .05 runs, but most of them have much, much smaller O/S and float and are very often backed up by the company dooling out $$ to have penny websites pump it up.
OTC BB is the next major step.
mojocash.. please read my post before you reply.. Where do I concern with daily price movement. I was just explaining to the gentleman what's likely to happen. That's what happens with pinkies and sub-pennies. There's very few strong hands down here in the cellar.
Why you taking such great offense to me stating that I don't think this thing is going to take off until we get uplisted? Why does this bother you so much?
The slightest little statement such as "I don't think we'll see a penny until the uplisting in April-June" gets you completely bent out of shape as if ETIM has some god given right to move up to a penny immediately and the forces that be are just keeping her down.
I believe you're going to be greatly disappointed if you think we'll see 0.01 before the uplisting. I could be wrong, but if we do see 0.01, i think it'll just be temporary pop before the flippers and shorters coming in after the price runs up on some big PR such as the end of march/1st quarter financials.
Relax, go have a beer and watch some tube or take the family out to dinner. Why be so uptight and paranoid when we can be easier on our blood pressure by relaxing?
ETIMlurker.. The best day will be when we uplist to OTC BB and all the flippers jump ship at 0.008 thinking that they will be able to come back in at cheaper.
Nut Uh. They better realize that by .011-.012, it's not coming back and they better pay that or not pay at all.
The day we hit OTC BB.. Those will be our all-time lows from that day moving forward.
EquityHunter..
"I think your point about needing more money to move a large number of shares at a higher pps level is valid, but the more accumulation (with the intent of holding) that goes on at these levels the fewer shares are available at higher levels as well. "
(with the intent of holding) is your key phrase in there I believe. I believe there's a large percentage of people around here who would flip this stock at 0.006 if it came up on the bid right now, believing that they would be smart and buy back at 0.0045.
There's some hardcore long-term investors in the company here, myself including. But there are also MANY flippers just waiting for this thing to pop so they can unload.
Even if everybody who's holding now were all long-term investors.. We still need to have that money support there. The stock would run up to 0.01 quickly but just a few 5m-15m sells would knock it down hard to 0.009 or lower. That might trigger a panic out of those holding with weak hands as well.
We just need the OTC BB investors to support this thing. That's all I'm saying.
Yes fivestar, and most of them either A) have been around many, many years and have steadily added a faithful army of investors or B) been the product of a paid publicity hype to spread the word about the company.
ETIM is neither right now. Until we get to OTC BB, there won't be enough fuel to push us much past 0.005, because as I said before, thankfully, ETIM isn't in the business of hype and pump.
Just my honest opinion guys.
mojocash.. Yes, I understand perfectly how pink sheets shoot up 1000% overnight. Fortunantly for all of us LONG-TERM investors, ETIM is not in the business of paying a dozen "pump-and-dump" websites and spam outlets to spread the word about the company. I fully appreciate ETIM for this.
I have no problem with slow and steady. I'm going to be holding this stock 5 years from now when it's trading above $1.00, so I certaintly couldn't give a crap what the stock is doing today, tomorrow, or next week even. However there appears to be dozens of people on this forum just waiting for this thing to pop so they can flip out of it for a quick 75-100% return.
I realize that.. We're around $7.5m-$8.0m market cap right now. At .01 that'll be around $25m-$27m. It's going to take 4 times as much money to support the stock price at those levels, and it's going to get more and more difficult to find that kind of dough while on the pinkies and while the stock price is trickling up.
I personally believe once it's all said and done, at the end of 2007 with all the financial results for this year out.. Considering revenue, profit, and future growth.. ETIM should have a market cap of ATLEAST $50m by the end of 2007 which should put us around 0.02 at the current shares levels, but factoring in company buybacks, we should be up over 0.025.
But it's going to take an uplist to get this thing moving forward and not looking back.
Yes I would. Because it's going to take a hell of a lot more $$$ than what it cost to purchase those 100m shares between 0.0008 and 0.0027 to push this baby once it keeps going higher.
100m shares at 0.01 is $1 million dollars worth of shares. Not the $80k-$120k that was paid for it. We need BIG, BIG money to push this thing up to and past 0.01. And most BIG money don't even bother with pink sheets.
Unfortunantly we won't see any "big time investors" until we can get this thing off these pink sheets and onto OTC BB.
The audited financials and subsequent move to OTC BB will be the biggest movers of this company. I imagine will float between .003-.005 until those two things happen. Then we can push towards .01
No matter how great we look, there's still alot of people out there with alot of money who won't throw a dime into stinky pinks.
shortsinsand.. These people have no idea how dilution works. It's absolutely useless trying to explain to them.
They think the price has falling because of the fairy tale that their fearless leader has told them.
These guys actually think there's going to be a buyback as the company continues to bury themselves in debt and NO PROFIT.
wererabbit.. Longs continue to ignore these basic facts of shares outstanding and company debt.
Their response best response so far is name calling.
They haven't answered to the debt.
They haven't answered to the shares outstanding (that continues to increase)
They haven't answered to the fact that Jim Turek has taken this company absolutely NOWHERE but down the past 2 years.
There is not one single positive thing to state about this company except that "revenues are starting to increase". Great, thanks for that longs.. WHERE ARE THE PROFITS? The profit margins are TIGHT on these contracts. There are large debts! There are large administrative/selling costs.
THERE ARE NO PROFITS, Only more shares issued and PR Fluff!
It's tough sledding on pink sheets no matter how great your prospects are for the future. No big money investors are going to drop $100k+ in this puppy for 10s of millions of shares until they see that the situation is completely stable. And based on the track record of pinkies, they have a right to be skeptical.
The audited financials followed by an uplisting to OTC BB is the real rocket fuel for this stock and the A/F's should happen before the end of the month. Hopefully OTC BB before the summer. I imagine that we'll see .01 in a damn quick hurry once A/F's are out. And .02 not soon after that once OTC BB uplisting happens. I'm personally still forecasting .03 by the end of the year.
The money is here in this gold mine. Just going to have to be patient and wait for the wheels to turn on the important financial issues.
Here's what I've uncovered researching PLNI
* Over 7.6 billion shares outstanding (13.5 billion authorized)
* $5.31 million in debt vs. $280k Cash
* Consistantly behind on financial filings.
* CEO regularly producing fluff press releases trying to hype the stock up. Doing stunts such as being interviewed on the floor of the AMEX (as if PLNI is ANYWHERE EVEN CLOSE to being uplisted to OTC BB, much less a well respected exchance such as AMEX)
* Growing revenue yes, but gross profit on that revenue is quite small and ever rising operational costs seem to forever keep this company from making money so they can stop issueing new shares.
The company is currently in shambles because of Jim Turek, yet you guys think this is the man that will lead you out of this mess.
The guy isn't qualified to be a CEO, imo.
All I want to know is why an investor will continue to throw money at this company while its CEO has established a track record of being grossly incompetent.
What's the positive's of this company?? I don't see any long responding to shortsinthesand with factual evidence trying to disprove his points.
Sellers are either trailing stop setters from 0.0008 levels that MM's reached down and grab or flippers who are too stupid and impatient to realize how monster this company is going to be.
I have noticed plenty of posts the past few days showing a few of the "investors" on this board getting very impatient about the stock price. Their true "flipper" colors are just coming out to shine.
Like I said before.. I have no problem with this stock settling down at these levels for a while to A) Allow Me to collect more shares as funds become available to me, and B) Allow the stock buy-back to begin at the cheapest price possible.
Weak bash attempts? What are you talking about? If this thing went to .01 tomorrow I would have no complaints.
I'm sorry people purchased this back at the end of the 2006. I believe they made a foolish mistake purchasing an pink sheet that was still diluting the stock price with new shares. After the 504 was announced, that was the time to begin investing in this company (unfortunantly I didn't know about this company then, so I have to settle for 0.0027).
It's up from 0.0008 the past month. We had a brilliant 300-350% run and you're getting impatient that it's not enough.
I'm not trying to bash at all, I was just stating that this is a long-term investment for me and I would not shed a tear if it hung around these levels to allow A) Me to accumulate more shares as funds become available to me and B) to allow CM and JP to buy back as many shares they can at cut prices to help remove some of the supply.
Do I expect this stock to hang around these levels for the next 1-2 months? Absolutely Freaking NOT!. I would be truly stunned if we were trading at anything less than 0.007-0.008 by the end of March... Another 300-350%.
qas?? "The time will come for this one to rise,rise and rise with no crash, but it seems to be taking forever"
Taking forever? You are sounding very impatient. This company has just begun shipping their very first products. It's not going to skyrocket past .01 overnight.
Just hang onto your shares and relax. This is going be a steady ascent to the top.. there will be a couple short-term pops and dips along the way, but you cannot expect it to shoot up so quickly with such young company that's just shipped out its first orders.
Penny Warrior: ETIM - March Fuel
http://pennywarrior.blogspot.com/2007/03/march-fuel.html
gas, I don't mind no PRs.. i can put an extra $100/week from my paycheck into this stock.. i would love for this to stay around .003 for the next several months, because I know where it's going to be a year from now.
grass, With a buyback, the rise in EPS (because of less shares outstanding) vs the P/E, will be worth about 0.0001 to the stock price.. or $100 if you are holding a million shares... $50 more than your proposed dividend.
Agree on Buy Back..
This company is in its infancy yet. Absolutely no reason for a dividend. Spend that money on share buy backs, future licenses, future tooling work that needs done.