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That may be correct. It would do him good and help restore confidence to the shareholder base. That's for sure! His reputation is at stake as well.
I don't know how many employees? I know that everything appears to be real at this point. Just the fact that they issued so many shares for cash is the one thing that seems to be driving this down for now. But i see no reason why it shouldn't bounce back at some point? I truly believe that people are just afraid to get in too quickly now, even though it's been beat down so radically! You know what they say about fear in the stock market! Time to be greedy when others are fearful.
Yes.. because we know for a fact that they invested money into that warehouse.. We've seen the pics and the report attesting to the fact. The only thing that is disconcerting to me at this time, is the fact that the CEO cancelled the Conference call a few weeks ago. Why would they do that?! Even if he had just talked about what they expect to accomplish or anything at all would have been better than cancelling the call! It sends a horrible message and scares the shareholders, which is understandable. So we will see what happens by next week? Hopefully they will have some good news about the contracts and such.
Those numbers came from this report..
http://www.otcmarkets.com/financialReportViewer?symbol=EMBA&id=62081
LOW FLOAT.. 80,045,000 tradable shares.. 90,000,000 Restricted.
Are the sellers waiting for tomorrow? What the heck happened to em? They disappointed us today with the pause. Was hoping to see .005 today at the rate they were dumping this thing! Oh. well.. There's always next year! LOL
What are they waiting for? To see if the sellers are finished for awhile? It's been flat now for hours! Let's go peeps! Move it!
Looks like bigger blocks are being purchased here at .018.. maybe this will go higher? I keep thinking so.
I agree with you on that!
LOW FLOAT of aprx. 80 million shares is good news for this stock.
The good news is that there are only 80 million Free Trading Shares. 90 million are restricted. So it is still a low float stock and i believe we are WAY undervalued right here.
Look at page four of this report. There were also another 90 million shares issued for intellectual property. So that's 170 million shares issued.
http://www.otcmarkets.com/financialReportViewer?symbol=EMBA&id=62081
The way i see it.. they should let this thing go up and then sell gradually and they would make more money that way. Just take a little longer. But they wanna get their money NOW! Can't wait! LOL !
That 80 million shares will yield those people a whole lot more than $80,000~! They made out like bandits!
They are telling the truth. I saw it in the financial papers for the company. EMBA was paid $80,000 in exchange for 80 million shares of stock. And they weren't the only ones from what i saw.. it looked to me like another exchange took place as well, if i saw that right? Sucks,, but is true.
So the next target is .041 ? ! I'm holding.
Heck ya!
UP or DOWN.. which will it be ?
Where'd everybody go? No trades going on. Hard to get a feel for this stock. One minute there is a million shares trading and the next minute, not a single share. It's as if though they all just left the building.
Now it's a nose picker
So there is Ask-slapping and then there is Bid-whacking. Now that makes sense.
How is it that the one month MACD crossed over positive, the price is lower every single day?
Is bid whacking when they keep lowering the ask, even when the stock is being bought at the ask? Or is it when they lower the bid? I have never understood what that meant exactly? when people say there is bid whacking.
.10 cents would make me a very happy camper here! Looks great to me too!
UP 300% would be Really great! It looks to be pretty stable here and the volume is definitely increasing with this stock.
Just when i think i understand trading .. i learn something new. I learn that i don't know as much as i thought i knew. :)
Rebound sounds Awesome to me! So that's why it dropped so suddenly and then back up almost as fast? Stop losses? That would be great if it would rebound back up to .04 + !
From what i can see .. only about 40 million shares traded since the colossal drop began. So does that mean we still have another 40 million to go before it bottoms? hmmm... damn. This thing might be in the .000's if that's the case.
Agreed !
Down 33% on only aprx 520,000 shares .. WOW!
True story!
I was thinking exactly the same thing earlier today. No info on this company at all.
Wishing i had a trading account so i could short this thing and make a butt load on it!
It seems like they can't get this thing to ZERO fast enough! They just keep selling!
So very true !
Boy.. These guys are relentless at selling. They just dumped it. Couldn't even sell it gradually. Buyers are afraid to get in here. Some A-hole keeps dumping it everytime it goes up a little.
Then this stock should go much higher from here!
I was always told.. that volume precedes price. If that stands true then, this stock price should be setting up for a move higher.
I agree with you on the charts turning bullish. If we have another up day tomorrow, this chart will be looking very very good! The MACD is at the threshold of crossing over and other indicators are pointing up after today's action. So we will see what tomorrow brings and hopefully it is another GREEN day.
Where did you hear such wonderful news?