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Tiny float going to come into play if this volume keeps up IMO...GLTY!
I added a little today as well. Took me forever to get filled. Float is tightttt! GLTA
Hoping for another great week here at ECOS! GLTA
Unless the company has changed their policy recently I will just leave this here.
"Promoters: The Company is opposed to using stock
promoters or stock awareness companies. The Company
utilizes Beneficial Marketing, Inc., to promote its
products and services".
http://www.otcmarkets.com/financialReportViewer?symbol=BFHJ&id=53604 p.14
I'm still under the impression that C will oversee operations in Nicaragua and that there will be an exec in the U.S. to oversee operations in the U.S. The new licensing in Nicaragua is a big deal and could prove quite profitable for companies in the right position. Also, don't forget the $47M LOC that they have flexed once before. Looking forward to a positive week!
Great day again! $$$
Loving the action over here! GO ECOS!
I see how the CDS could hurt gold because it strengthens the dollar relatively, but shouldn't it also come back around to strengthen the long term prospect of gold/silver? Also are any of the major banks holding greek bonds?
I am waiting on a stock sale.
I dont think they have any cash
They have sold more than 1 billion since last November
I'm not really worried. Maybe some support at $52.60 if it keeps going down (which I can't understand either). Going to Vegas next week. Hopefully win big and grab more if it continues dropping!
Oh ya! Think it can test 200SMA in the near future?
I wouldn't slap the ask in this climate either. .0001's are a steal if you get lucky. Demand will come with updates. Until then I bet we just sit here IMO.
There is what, around 320,000,000 on the ask? The bid doesn't have to be shares that exist. Someone could come in and put 5,000,000,000 on the bid and it wouldn't be invisible shares. But it would be impossible for them to get filled on all of them of course. Bid is demand ask is supply. Also last know O/S count was 2,075,623,952. Maybe more now as the A/S has been increased to 3.1B. It is funny though seeing a demand of 850,000,000 on the bid with a last known float of 1,141,908,603.
Uh oh break on threes could be rough
Thanks for that point duke. On the same train of thought, with good enough news I would expect a lot of sells to be pulled. .0002 wall is not as enormous at is appears IMO.
Thank you for the PM. I decided to hold based on your exit/loss points. Starting to look better! I feel like they can only skew the numbers for so long...
I guess the world is still here :P. Still bullish NUGT?
Whoa who took a dump in here?
Got it. Will be keeping an eye out for sure. You like gold over silver?
Thanks for the PM. I could give two shits about you messing around on that board lol. The guy is an idiot. Tensions are also pretty high over there with the price performance. I think it will get better soon though. Got some NUGT at a little over 20 :D. Thank you for your heads up and analysis. I always appreciate your emails and insights!
Thank you. I also think there is a high probability we get more information soon. As viking stated before, they usually give information soon after a share increase. They have also been pretty timely with the last two quarterlies, and seem to actually care about at least staying limited on pink sheets. I think the real meat will come after they get their new license. Unless headway has also been made on the U.S. executive front..
I think the winds of change are starting to blow! Have a wonderful afternoon!
Looking awesome! Go BRAV!
Agreeed. Big $$$ at play here :D
Yay for new HOD! GO CBIS!
The only thing organic about him is his shit :P
Interesting that $100,000 worth of shares were purchased last week. Pretty serious money for no information. Wonder if anything is up...
Good Morning CBIS! .15 pre market to get us started!
I think they need an acquisition if they are going to try for a Class A license. Maybe why they are waiting to file until the end of the month IMO. Have a wonderful evening!
"Class-A Gaming License – The highest standard whereby the establishment must have a minimum of 71 slot machines and three table games. The business must also show that at least $100,000 is deposited in a checking account and there is a $50,000 bank guaranteed bond. Must also provide 30 full time jobs and invest $200,000 into the business".
http://gamingzion.com/gamblingnews/nicaraguan-gambling-law-enacted-to-regulate-four-classes-of-casinos-2083
IF there is a BB in the works, it makes me laugh that, bashers are working for the companies benefit without knowing it. Anyways, don't think we will get much till EOM and April. GLTY and have a wonderful weekend!
"Neither of the officers or directors beneficially owns
the Company’s securities, although their compensation
agreements provide that they may purchase certain
stock in the event they bring the Company to sales
about $19,000,000.00 per year with at least 20% of
sales resulting in profit within three years. In that
event, the officers could purchase, at $.12 per common
share, up to 8 percent of the Company’s common stock".
To reap the fruit of her labors, C will have to either buy back shares or split at some point. For her terms to be executed, the company would have to make $3,800,000 profit. 10xP/E = $38,000,000. 38,000,000/.12 = 316,666,667. So an O/S around 320,000,000 is really what she would have to get down to, in order to make her terms profitable. Of course these numbers can vary greatly but my point is that the O/S needs to be reduced for her own compensation package to make any sense. Other than that, a $19,000,000 revenue business with 20% profit margin should be acquirable with a $47M LOC. I would imagine they used the $47M LOC as a major factor in determining her package from the get go. Last post of the day. Have a good evening! Go BFHJ!
Look back to February 14th, 176.71M in volume. "The Company closed on its sale of its non-gaming properties on February 14, 2012. The final value of the package was US$3,282,000 for Beneficial Holdings". Funny thing is, the company did not make that information public until February 16. Also February 14, the beginning of big boy ETMM showing up. Close sale of assets, buy back shares outstanding from the El Transito deal? Makes sense. Don't forget those shares were valued at .0008. Big move by the company if its true.
If more days like the 28th of February happen in March, without a registered share increase, it will make me even more bullish on my theory :D. Time will tell...IMO
lol I dunno. I will definitely be suspicious of something good if tomorrow does that well though. Other than that, no public information is kind of bleh.
lol I don't think these products have psychoactive ingredients. But if it did, you wouldn't even have to lick your lips to get high. Just putting it on would get you high lol.
Wouldn't be surprised if hemp oil creates a better form of sunscreen and lip balm than any that exists on the market. Hemp oil is amazing!!
"Mary Lynn Mathre's "Cannabis in Medical Practice" states that the essential fatty acids present in hemp oil are easily absorbed through skin pores, aiding in lipid replenishment. This is especially important for skin that has been exposed to direct sunlight and dry air, which can lead to peeling and brittle skin. Massaging hemp oil into dry or sun-damaged skin may help avoid this, saving the damaged layers"
Read more: http://www.livestrong.com/article/137621-hemp-oil-benefits-skin/#ixzz1nu9Ipu4y
Certainly strange that $26,813 comes out of thin air. Maybe we will get a story behind it soon...
Whoa that is a lot of products! I want cannabis based sunscreen and lip balm...
Whoever it was, it went through ETMM.