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Would like to hear what those committed ESPH longs have as their our price objective. Not tomorrow but maybe 6 month, 1 year, 3 & 5 year as well.
This board, IMVHO, is all about exchanging opinions and thoughts to help other investors in (and considering investing in) ESPH formulate and round out their own opinions. There are thousands of boards discussing thousands of stocks. Most are a joke, as we know, and are dominated by day trading pumpers-and-dumpers who haven't got a clue. Is this board any different, I think so. This is the board that I come to when I'm considering an additional entry point. It helps me qualify my decision to add when I need to add. Good opinions and alot of nice (many who I know personally) people who have done their DD. This is very healthy. This is what I seek and I'm glad that I have found a forum to help me throught my accumulation phase.
What I hope it doesn't turn into is a board of comment bashing. This is not healthy and this is where Recognizer should put his foot down as a moderator and squash the civil unrest before I just pack up and leave. Here are some comments posted by someone who recently emerged upon the seen. No names but I think you already know who he is. These were found on a Yahoo Finance board:
You are just SOOOOOO STUPID!! This is EXTREMELY GOOD NEWS - DUMMY!! Geeze, just where DO some of these "people" (FOOLS) come from anyway? Later.
.....DO YOU KNOW HOW TO READ? Just READ ALL OF THE PRESS RELEASES put out today by FNF - DUH!! All of the answers to ALL of your questions and EVERYTHING that you need to know is all right there in those Press Releases. Oh - never mind. Just do all of us a really big favor and just simply SELL ALL OF YOUR SHARES OF FNF STOCK and then just simply MOVE ON!! Yep, as they say - STUPID IS AS STUPID DOES!! Later.
this IDIOT "thePISSimist" most probably doesn't even own any shares of FNF stock and is just trying to bash the stock price of FNF down to where he can afford to buy some. Believe me, the very best thing to do with these kind of pathetic IMBECILES is to just simply PUT THEM ALL ON IGNORE and then just simply relax and enjoy your day. Trust me, FNF is going to make all of us rich - VERY RICH!! Later.
I really hate to have to tell you this but THERE IS NO ESCROW/TITLE COMPANY EQUAL TO THE SIZE OF FNF - FOOL!! - NOT EVEN CLOSE. Oh well, at least now we know why FNF didn't want to hire your wife. Later.
If you've had me on ignore then - DUH!! - HOW DO YOU KNOW THAT I'VE BEEN POSTING? You are obviously NOT only very STUPID but a TOTAL LIAR as well. Later.
Well, guess we know who we are dealing with. These are comments that really don't add any value. As I always say......There is always ONE guy at the party being loud and obnoxious. Maybe if we all just ignore him he just leave and go away.
Well guys.....I just went throught the 10-Q a couple of times and other than falling asleep I really couldn't find anything really new. Did I miss something ?
And for the new kid on the block with 441 posts....this being a slow and boring board....well, I kinda like it. Let's leave it be. Peace !
It's not 45 days.......
After further research I found that the 10-Q is due 35 days (it used to be 45 days) after each of the first three fiscal quarters. There is no filing after the fourth quarter because that is when the 10-K is filed.
10-K = Yearly
10-Q = Quarterly
Still haven't found out if that is business days or total days. Peace brothers !
ESPH is required to file 45 days after the quarter ends. Don't now if that is business days or if it's total days. Total days is the 15th of the month. I'll be that they report after close today, Monday or maybe even Tuesday. Strong price and volume tells me that most are expecting it today. Doesn't matter though.....I'm sure it will knock our socks off.
Anyone know when 3Q is due out ?
I came across this article last night. This is what the writer said at the end of the article.
Currently, the parent company is trading in the $0.36 range and could certainly be classified as an over-the-counter ‘sleeper’. With continuous positive news being produced from the corporation, a strong management team in place and structured financing to enhance their future, Ecosphere Energy Services may be a diamond in the rough.
Cut and paste to browser
http://www.ibtimes.com/articles/20091110/ecosphere-technologies-inc-esph-ob-subsidiary-closes-major-financing-deal-with-fidelity-national-fin.htm
Now THIS makes me feel a whole lot better.
On November 9, 2009, Fidelity National Financial, Inc.(“FNF”), a Delaware corporation, invested $7.5 million into Ecosphere Energy Services LLC (“EES”), a majority owned subsidiary of Ecosphere Technologies, Inc. (OTCBB:ESPH) (“ETI”), pursuant to a Unit Purchase Agreement (the “Agreement”). The proceeds from the Agreement will primarily be used to complete manufacturing of 24 EF-600 EcosFrac units for use in connection with EES’ service contract with SEECO, Inc. and Southwestern Energy Production Company, wholly-owned subsidiaries of Southwestern Energy Company (NYSE:SWN) (collectively, “Southwestern”), to support Southwestern’s natural gas operations in the Fayetteville Shale in Arkansas that commences producing income Nov. 16, 2009.
Pursuant to the Agreement, FNF received a minority interest in EES but did not receive any equity, stock options, stock warrants, or other interest in ETI. Following the investment ETI continues to own a majority of the interests of EES and retains the distribution preferences it previously received. FNF is entitled to one designee on EES’ Board of Directors, which was expanded to nine persons. ETI also received an additional designee to the EES Board of Directors so that it now appoints five of the nine members. ETI remains as the managing member of EES.
In addition, Mr. John Kuelbs, Chairman of EES converted a $350,000 loan into a minority interest in EES. Mr. Kuelbs serves as a designee of Clean Water Partners, LLC (“CWP”), a Delaware limited liability company formed by Bledsoe Capital Group, which previously made a minority investment in EES as reported on a Form 8-K filed on July 21, 2009. Mr. Kuelbs or the members of CWP and the Bledsoe Capital Group did not receive any equity, stock options, stock warrants, or other interest in ETI.
The Agreement provides that the EES investors including ETI will by January 31, 2010 use their best efforts to negotiate and execute a manufacturing agreement through which ETI will remain as the exclusive manufacturer of its Ecosphere Ozonix™ clean water technology units for EES. Pending signing of that manufacturing agreement, the EES investors agreed to a per unit charge by ETI on the first 250 units it manufactures.
CWP agreed to extend its $1.1 million note which was due December 31, 2009. It will now receive monthly installments of principal and 10% per annum interest over a one-year period.
As additional consideration for FNF entering into the Agreement, ETI gave FNF an advance exclusivity period to negotiate financing for ETI’s application of its Ecosphere Ozonix™ technologies outside of the energy field. EES holds the exclusive right to the Ecosphere Ozonix™ technologies in the energy field; all other rights for mining, municipal wastewater, agriculture, marine, medical, and all conceivable industrial applications worldwide, are retained 100% by ETI.
Would someone please help me ! Maybe I'm missing something here. As of 10:20:50 am the stock has traded 291,660 shares. Of those shares, 82,000 went off at the bid (sell) and 209,660 went off at the ask (buy). 1st. tick went .36 x .40 and the stock is still now @ .40 Does there need to be zero bid side action for this stock to rise ? 82% buy side volume and the stock is still..........not moving. Would someone please smack me in the head and explain this to me. Is it the MM's pulling in the reins and manipulating the stock ?
What is WUND?
Looks like rabbitt stew ! And it's a big one. Thanks Dennis.....
I certainly hope so.....I just hope your smelling the good GAS and not the BAD GAS. Frankly, I'm getting really tired of waiting. I think what keeps me going and buying on the dips is the belief that Dennis will pull a big fat rabbitt out of his hat that will feed us long-term (an very patient) investors for a long long time. As a hard core Republician, the only part of the Obama campaign that I truely embrace at this point is the term "HOPE & CHANGE". I sure HOPE that we see a CHANGE in the direction of this stock ! And pray this isn't just another case of the blind-leading-the-blind. I also HOPE that my over indulgience in buying on the dips will CHANGE my standard of living. Maybe I can go from a single wide to a double wide with a car port. Possibly even a hot tub so I can watch the game on Monday nights in true comfort. And most importantly, I HOPE my wife doesn't CHANGE into Dr. Jekyl when she finds out how much "WE" have invested in this great company if it goes south like a duck in winter. Let's go Dennis, pull that rabbitt out, skin it up and throw it into the pot ! We are getting REALLY HUNGRY............
Wow.....some pretty heavy concentration on the sell side yesterday. I would guess (and it's probably spot on)that these larger blocks that we are seeing on the bid side are not the lower cost basis investors that snapped up those shares in April '09. I'll bet the majority of those guys have already locked in their gains and moved on. Not all, but probably the majority of them. I don't think they are the investors like myself, (and there are many), who back up the flat bed at the first sign of weakness. I think what we are seeing here are those older bondholders, vendors and support businesses that were paid in options, warrants and shares (back in the days when the boys didn't know how they were going to pay their FP&L bill) exercizing those positions because they want to get paid. And you know something, I really don't blame them. Alot of those shares had strike prices in the .15 cents ps range.
Hey howlowcanugo....what is a gapper ?
Does anyone know if the S-8 filed on 5/20/2009 has anything to do with the S-8 filed on 8/21/2009.
Anyone new rumors or insite ?
News would be a good thing.
It's the Market Makers.
It's the Market Makers.
Companies like Halliburton, Siemens & BakerHughes, to name a few of the deep pocket dominant players, are always looking to acquire new technology. IMO, the technology is worth at least 7 x's projected revenues. So what's ESPH really worth ? IMHO, the 2010 revenue projections are just a spit in the bucket. Why would Dennis and the boys reach out to a company like Simmons ? I suspect, and it's just a hunch now, that Dennis & Co. has big oil lined up around the block like a sold out "Rolling Stones" concert ! Dennis knows exactly what he and the rest of the R&D team (Janjeev) created.....and it's a MONSTER.
Revenues, in my opinion will exceed $65,000,000 in a very short period of time. Technology like this produces billions in revenue not to mention the huge reduction in on-site completion costs. Given that, my target on the stock is $4.14 on a buy out (all cash deal). Any official news on something like this would move the stock well over that amount. I personally think that the stock would be worth 12 x's my revenue projection if Dennis decided to grow EES organically with the help of one strategic partner and I'm not talking about Drew and the rest of the retired NFL. I'm talking about companies like Halliburton, Siemens & BakerHughes....maybe even GE. The right match will produce 100's of millions in annual revenue. OFFICIAL DISCLAIMER: I am not an accountant, industry analyst, insider or some guy just trying to pump a stock. I am just some ordinary schmo that thinks he stumbled across the hottest
technology that this industry has ever seen !
HIT .50 ! Let's see if it sticks.......There's our 4th top..
Buy what and get what moving ?
I'm all in ! Everything I have (except the house, the kids and Momma) is currently invested in ESPH. The whole "Kit-and-Kabottle". Call me dumb & Irish and I know it is contrary to the ol' don't put all your eggs in one basket thing but what the heck...If the stock goes south like a duck in winter, well I guess I will need to stretch out my retirement date a bit. Every extra dime I find gets invested in ESPH and I will continue to accumulate the stock on weakness. My current holdings are a thin 7 figures (that's shares) and the majority is spread over a couple of ROTH IRA’s converted at the bottom (thank god for that),i.e., ZERO TAXABLE EXPOSURE FOR THIS GUY ! I started investing in this company when it was called Ultra Strip and they were lucky if they found enough capital to pay their FP&L bill. I have been able to work my $2.00 per share cost basis down to about $0.38 and am truly grateful of those sellers that helped me achieve that cost basis.
I look at it this way, most of the ultra high net worth guys I know made their fortune from highly concentrated stock positions (speculative) or selling their company. Well, I don't have a company to sell so.....I guess I’m backing up the truck and overweighting the bed. One thing I can tell you is that when ESPH reaches my price objective I will lighten up and start to diversify over more stable asset classes. Like I said, I’m dumb & Irish, but I’m not stupid. I will most likely maintain a big allocation in this company even after I hit my targets.
We can spend weeks discussing and speculating about equipment roll-outs, field deployment, forward revenues, market penetration, business models, strategic partners, ect. That’s all fine and dandy but at the end of the day ESPH is still highly speculative micro-cap investment. If you can’t afford to lose your entire investment you shouldn’t be there. …period, end of story.
My passion and support of this company comes from the belief that ESPH will take the Oil & Gas industry by storm, providing all levels of producers with a process that will reduce their overall production cost and at the same time preserve our most valuable natural resource (H2O). This is huge and the applications are endless: mining and minerals, agriculture, emergency & disaster response, municipal applications….the list is truly endless.
If I’m wrong and ESPH turns out to be “The Sleigh Ride To Hell” I guess I’m screwed. Momma will probably divorce me, my boys won’t be attending Harvard or Graduate School and I’ll most likely be bagging groceries at Publix ‘till I’m 78.
But, if I’m right (and I usually am) ……………………..
I’m not an accountant either, but I would never be caught dead at a Holiday Inn ! It’s the Hyatt or nothing. Sorry Bobwins, had to throw that in.
As I have said on many occasions, keep the faith and support Dennis and the boys ! They will take us to the Promised Land…….