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I have to agree with you....I think .0018-.0019 will be the high tomorrow and it will settle for the weekend maybe around .0011 or so. We will see though I don't have a crystal ball...wished I did.
Hoping for a gapper in the morning but we will have to see.
Yes it was almost 100% down today and it was over 100% up yesterday at one point in time. I expect that it will run again and this will be a PR stock, but the news that was out on this was excellent. The one thing I didn't like was the dilution that took place. The par value of this stock based on .025 before the split should be .0017. I do not expect this to settle much below that value especially after the announcement. However, I do believe the company is selling off shares to raise money for these aquisitions and there are profit takers which explains the crazy ups and downs. We will see what happens tomorrow, but hopefully we will gap in the morning and flip. JMHO
Just picked up 800,000 shares at .0015
Any opinions on this? Are we going to move back up or keep tanking?
If I can free up some funds I will purchase more too....this just looks to good to be true.
Where is it going....time to come back up. Especially since you posted 777.
Got in at .002!!! Run baby
Looks to me like it is time for another short run up to 3 or 4 cents. Just looking at the chart trend the last 3 months or so.
Gateway you got an opinion on this one? It looks to have reached a bottom. JMHO
Good time to buy IMO.
Hi folks I just got off the phone with the President of EQBM. He stated I could post this information if I wanted.
Within 10 business days we should be seeing some news on different deals and progress that are in the works right now.
The O/S is still 275 million and the float is around 30 million or so. Also, some real good news....the insiders hold 80% of the O/S and it is restricted under rule 144. So their shares wont be unrestricted until sometime late next year. No Dilution is taking place. That came straight from his mouth. They are not focused, at this time, on moving to the OTCBB he said all their focus is in Europe and he also said the majority of buying that is going on right now is from Europe because something big is about to happen over there. That is all he said.
One other thing he said a new quarter of financials will be coming out soon on www.pinksheets.com
Website: http://www.equitablelifeinvestments.com/
Phone: 416-410-3995
Hope this helps in your decision to buy or sell EQBM.
Anyone have any idea why people are stating dilution.
R/S in 05, too much PPS decrease, etc?
Another question....how do you "normally" tell when something is being diluted when it is a non-reporting company?
This is true...I guess any microcap is a gamble. So I may stick it out for awhile and see what happens. Thanks for the info.
What happened to all of this that you posted just 2 weeks ago? I don't think one balance sheet for the first quarter and adding 6 million shares to the O/S since Dec 05 is going to change it that much. You even placed a $1 short term target on the stock. It is risky and so is any microcap, but with hurricane season around the corner I don't see this one tanking at the start of hurricane season.
JMHO
http://www.investorshub.com/boards/read_msg.asp?message_id=11100700
Well, in Dec 04 the O/S was 34 million, in Dec 05 the O/S was 49 million and in March 06 the O/S was 55 million so its not quite a 2 to 1 ratio, but I am curious as to why their revenues were down so much....is that all Katrina? What insurance companies are they working with...hopefully they are still in business? Please help me out here.
The "IF" is what worries me...especially being a pink sheet. My question is, is the deal in EQBM's hands or China's hands. From the link I just read on the cash cow link, it sounds as if basically EQBM is just checking it out and if they like the paperwork gets filed and BOOM its a done deal. Am I reading that wrong?
The other thing that concerns me was the R/S. Why did they do a R/S? Do they have plans possibly to move to a higher exchange? I believe that is another reason people are thinking dilution.
JMHO
Well...I have to agree with you on that. I am seeing a lot of people on other boards posting dilution, but I just don't think that is happening. When a stock goes from a penny to 4 cents there will be some profit takers and I think this is what your seeing. JMHO
Does everyone here have an opinion on where this stock should go and how long it will take to get there?
I am thinking of getting out in the 6-8 cents range, but in some ways I thought it would have reached that point by now. However, someone did post that they talked with the CEO or CFO....has anyone else talked to the company or the transfer agent and what did you ask and what did they say? Just curious. I am thinking of loading up a few more, but I want to be sure I am doing the right thing.
Thanks for your help.
These earnings were in a round about way already stated in a previous PR. As they stated the lower revenues was due to the delayed payments of Katrina. The net loss was not only due to lower revenue, but also 5 buildings that they have expanded in other states costing, I believe the PR said, 1.1 million to the bottom line. So IMO I still believe this company can be a dollar stock. There must be a demand for the company or they wouldn't be expanding. Just remember to take gains and don't get to greedy. This one will probably rise till the first of September and then die off again until next season. They do put roofs on houses in other locations but I believe the bulk of their money, at this point, comes from hurricanes.
JMHO
What did you get your shares at? Which broker you use? I tried all day to get shares at .02 and couldn't get a fill.
My wife will kick me out of the house too if this one don't go up.
;(
I hope your right....like to see this run a whole lot more.
Glad to see this board has started to pick up.
Yep same here....the MM's like to play games. Ticks me off though I think they are holding this on back.
I see you have researched the company to some extent, but it stated it was a new type of treatment. IMO it would be stupid for a microcap OTCBB to go up against huge pharma companies on the AMEX, NASD, NYSE, etc... unless they knew that this product was unlike any other on the market they would have not tried so hard to get this approved. Did they patent the idea?
Thanks for posting that before I did.
Bash one and pump another?
I got in at .025 and didn't sell when it went to .035, but now thinking about picking up some more at .021 or so, but it may dip more if nothing is released today.
In case you guys don't know Jim, he knows his stuff. I learned the hard way on the PAIM board...LOL. Hi Jim hope you are over here because you see potential and not the other way around?
Just wanted to drop in and say hey everyone. Still have this one on my radar and will purchase hopefully at these low prices. GLTA
I hope your right I will be one investor buying at that price.
Darn just a 400% profit? LOL None here. Missed the boat.
I just got in and it looks promising.
I got in that one myself and I like the looks of it. Not many posts on this one right now, but it looks like it could really fly higher in the next couple months.
Not for sure on that, but I am really condfusd about this so called merger/move to OTCBB. Why do both only do one or the other. If LFWK merges and the name changes then it could actually get another number.
Has anyone looked through that website to see if Loftwerks has a filing?
I still believe it is a waiting game. That filing was over a year ago I don't believe it is relative to the current merger. Could be wrong though.
NICE DD GRP!!!
I think the only explanation here is that it is still on the pink sheets and until it moves to the OTCBB, which is what we are all waiting for, it will be very manipulated and possible have little volume. On the other hand, the OTCBB is not always that good either what really matters is the filings and proof that these projects are taking place and that the company is making money. Not everyone wants to contact the CEO and talk to them....some people even believe if the CEO has time to talk to investors it is not a good company to invest in. However, I believe once investors see the bottom line and how much business this company is getting investors won’t have to worry about flippers or NSS it will take care of itself no matter what board the company is listed on. This is similar IMO to PBLS as far as the movement. It could go into a holding pattern for a few months but will eventually prevail.
JMHO
Looks like a good buy to me.