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.
The new facility can generate up to 50 million in revenue at full capacity in a year.....if anyone complains needs to look at that very closely. They bought out a poorly managed company because of the certifications and contracts.
I would trust Martin a well educated millionaire than anyone on ihub....especially from his track record I am sure he wouldn't put his well being on the line to run a scam.....he could easily get a job making 250k a year with his track record. So let me get this straight he is risking millions and time in prison for what?????? To make what? What's his goal to be a multi billionaire or get thrown in prison? He could of sold his shares are .10 and walk away with 6 million guess what he didn't....he had his chance I would of walked away.
That's why they export so much ewaste there isn't anywhere it can go...not enough facilities. ..In Pittsburgh there is nothing...
That's the goal....if you add up all the potential revenues streams with the free floating share price per share formula....I think a had a low ball of 1.15 and everything working out perfect of 2.67 ....I posted it awhile back but close to those numbers if they hit my estimates of .50 a pound of ewaste and recycling around 40 million pounds a year that's about 20 million from each plant.....let's say 6 that's roughly about 120 million in revenue with the average multiplier of 2.5 that's a market cap of 300 million....keep in mind I am low balling the pounds and the price....some estimates put price per ton around 1k to 2k.
I think we will heat up right before the release of the 10k....short term looking forward to it but I am more interested in the Q1 2014 report. That is the one I am going to truly evaluated this stock....just the facilities we acquired in the quarter should show a huge increase in assets. I might go really big into EWSI if I read what I like...I am talking about another 50 grand.
Notice that cheap sell right when someone was posting....yes it is in for the investors. Great DD....I guarantee the new auditor or lawyers told them to up the count.
Awesome big deals coming just put more equity in itself.....I like how when some people post they have no idea what they are posting. If Martins goal is to uplist they are never going to get close to that 800 million AS...I put the OS at 350 million in January. Anything under 500 million I am happy but I really think it won't go over 400 million in the OS. I did my numbers and this is still going big time.....float still crazy low. No big dilution for weeks check the volume and buys.....i am guessing the updated share count will be around 350 million....it has been speculated some huge news is coming towards end of April I wouldn't sell a share until the end of the month.
I am excited......again if you even knew why they were raising the AS you would understand. No company will ever have their OS and AS within a certain percentage they raised because EWSI got so close to their AS count because of the steal of a deal Cincinnati plant. Plus this helps just in case of a take over or unexpected circumstances to prevent bankruptcy.
Yes...it doesn't matter what the AS just as long as the OS stays under 500 million I am happy. Remember the number one thing as an investor is bankruptcy....if EWSI ever gets into financial trouble they can always use shares as a back up. I felt completely uncomfortable that the OS was so close to the AS....think about it. No company equity....tons of companies don't get near their AS and EWSI was getting to close to theirs.....check it out. Companies only release about half of the AS.....so they are just evening this out.
Actually it doesn't matter until the OS gets raised companies do this for various reasons such as an emergency purpose or prevent take overs......plus they could use the shares and equity or buyout of other companies.
Looks like he moved pretty easy to be probably just taking small profits...with such a small float it won't take much to move this from current levels.
Actually that is very small considering how much revenue increased and you can't name one company out of thousands that made a profit in the first year....heck they have that much equity built up in the Cincinnati plant alone.
Thanks for your concerns but your statements are totally false....massive losses where did they get the cash to pay for the plant then???? It's actually a counter suit because they did leVe junk and the old owners were responsible for the debt and the trash. 1.3 million is a lot in plane tickets if that's what your mean?
It's paid for by dilution...1.3 million worth bit good news it should produce around 20 to 25 million in revenue a year I think it was money well spent....so think about it those shares made money in equity and assets already.
Hey what's up? Great move and buying opportunity here....this could go way bigger especially in the sector EWSI is in right now....no other public company is dealing in ewaste and some of the deals coming out.... the revenues could be in the 75 to 150 million range for 2014
Yes thank you for making people aware that Sadler added 750k in that amended report
Yes I know that but why have two showed up in the past month if the stock is dying?
So two new market makers have showed up in the past month that are investment brokerage firms?
Yes thanks for your concerned opinion on the matter...actually no to make it easier to verify and audit at the end of the year they actually look at the quarterly reports a bit more in depth then your opinionated analysis. The accounting firms are given different materials the company has supplied yes but do a rough audit such as back checking. I have several friends that are accountants and you can verify the procedures very easily on various websites.
Actually I am glad you mentioned this and this has been brought up several times by concerned users. Sadler actually signed off on every quarterly report released even were MaloneBailley had the issue. Sadler even added another 750k in assets from China is the same report....all this could be verified on sec.org. If Maline found fraud by law they have to report this to the irs and the sec. Malone is walking on thin ice so anything with China's name on it they freeze up. So instead of working it out....they quit. Just like a marriage easier to leave then sit down and work it out.
Someone asked about where vfin was and they are parked at $2.50....seemed kind of odd that vfin is there and a rash of buys then quick sells for the same amount....someone trying to shake the tree and make it look like dilution or sell off....
Trust me only reason I don't have 3 million I owed the irs some serious cash....
Something is fishy guys....anyone buy this morning honestly there were a flurry of buys this morning and right after that a series of sells almost in the same amount. Now vfin in set up at 2.50 and I doubt that they would dilute around 100,000 and quit for the day....especially it happened when certain people showed up....do the math and time stamps....
I am guessing cerebra will be around 20 million by itself....cerebral projections are around 100 million a year once the plant is up and running. Heard they were trying to make the plant in Bangalore the biggest and most impressive in the country.
2.50 that is a good price lol.....I am hoping the 10k provides guidance and reflects the current true evaluation of the company. I am not saying I want to this shoot to .25 for no reason. I just want the true market value to be reached. That's the whole purpose of auditing financials statements to verify money coming in and out. I am more interested in Q4 2013 more than anything...... I think the dilution really hurt the stock price and confidence and investors dropped out. I really think dilution will stop by the end of the month once contracts and plants are up and running.
Haha again I would actually read the filing and try to understand why that question is there and who should answer it.......you might want to look at other extensions too.
Haha....you serious please tell me your joking? I would do a little research on the topic before you try to bash something that you can't comprehend.
It was even hinted that a flurry of deals and prs will be change the direction of the stock after the audited fins are released.
Not a shocker just hope we get some guidance on Q1 2014 too....would like to see that.
Yes I think they might file tonight....I think an extension would of been filed by now don't you think?
I have the facts....why did Sadler add another 750k to the books in Chinese assets? This on the sec website by the way.....actually it is the responsibility of the auditor to relay the information to the sec if they suspect fraud. That is a fact and can be verified very easy. Actually Sadler verified and signed off on all quarterly reports filed on the sec website. Thanks for your concerns.
How? Post the charts if I am wrong....PROVE to me I am wrong. EWSI has been tested at .023 several times....fact....they're is clear double bottoms in both the 3 and 6 month charts.
Actually if study the 3 and 6 month chart it is showing the bottom was tested on both at .023.... This is know as a double bottom and it usually is followed by an uptrend...called a double bottom bounce. You could also see it in the monthly chart as well....so yes the bottom as been tested and has been holding. If you notice the level 2 it is looking pretty thin and shows support for the bottom. Thanks for your concern on EWSI.
Ok....I thought it was common knowledge that an accounting firm can neither discuss or look at any financial reports before they are hired and filed with the sec. I greatly appreciate your concern and next time I will make that clearer. Thank you
Could they have been done today? Yes.....not sure when the new accountants got all of EWSIs information. I do expect them to file an extension today but I am hoping they surprise me. A company the size of EWSI should only take about 2 to 3 weeks to audit.
I am hoping it is....I hope they let the stock run now when news is released. After my DD I understand completely why they needed to dilute...it should slow down a lot if not stop completely.
Sorry, you are posting false information.....why would Sadler post an extra 750k in assets from china. That wasn't the issue....the issue was not verifying the quarterly reports on time and growing concern statements. Check out the website on the accounting carousel Sadler has been resigning and getting fired a ton the past two months....thank you for your concern
Malone was actually looking at the 10ks that Sadler signed off on and verified. It wasn't new revenues or expenses....if you do your DD on Malone you would understand why they resigned.....they are deathly scared of anything from china right now.
Yes I agree but Sadler had no problem with China so I am sure the new auditor doesn't have a problem as well. They actually through another 750k in assets from china in the amended 10k...
Nice....sorry was vert here the whole time...did we get two mms today?