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Thanks for everyone's input. I for one will be watching closely as like everyone I hate to see the current green go red in my account. The newest PR states the way the costs will be paid but not where the money is coming from. I would hope we get something in the near future to answer that. The concept and business plan looks solid so far. Mexico can use all the help it can get on the environmental front. Hanging on with everyone else-
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Hello Mission IR- I just have one quick question on this news release. What kind of financing will be used to pay for all this equipment? From some of the posts here it seems some believe that Scorpex entered this deal to sell this equipment not purchase it. Do they have the cash on hand to pay for this? Has reasonable financing been established to pay for this? Are they going to dilute the stock to pay for this? Looking at the trees instead of the forest I think any reasonable investor should want to know where the money is coming from to complete this deal. I am a shareholder that held on before the R/S and am now fearing share dilutive financing. Please ease my mind.
Thank you
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Just a reminder, civility is the key to keeping disagreements in check. It's always good to look at both sides of the coin. Everyone has a right to their opinion. To follow the simple guideline to just agree to disagree helps keep this board clean and informative as it is meant to be. Thank you all.
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Just FYI- NITE wants shares but has none to sell. Always a good sign.
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I don't know if this seems obvious to anyone else, but from the date, time, and sales I have been watching over the past few months it looks like someone is accumulating this but being very sly about doing it. A few 100k here and there adds up quickly.
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COMEX Commercial Traders Positioning for Silver Strength
Wednesday, July 13, 2011
COMEX Commercial Traders Positioning for Silver Strength
HOUSTON – Picking up where we left off on Tuesday, July 12, when we highlighted very tight supply of commercial sized silver bar stocks as one of two key indicators we believe short sellers of silver and silver ETFs ought to strongly consider (and perhaps be concerned about). We noted in that offering that there were two important factors which suggested to us that silver may be merely catching its breath rather than what is usually expected of it following a broken parabolic peak.
These two powerful indicators are suggesting that instead of a parabolic collapse, silver might instead be in the midst of “the mother of all mid-point consolidations.”
The second indicator is just as important as, and we think gives cover, or rather, confirms the first. The second important factor is that the largest of the largest commercial traders of silver futures are near bull market lows in terms of their collective net short positioning following silver’s harsh margin-hike-influenced 30%-plus pullback in May-June.
Consider the graph below as the focus of this second installment of our ‘silver short seller public service announcement for July.’
COMEX large commercial net short positioning (LCNS), nominal, since 2007. Measures the net position of both long and short contracts held by COMEX commercial traders, including bullion banks, producers, users and large dealers. If any of the images are too small click on the top of them for a larger popup version.
Continued…
***Page***
Now please, check one’s bias at the door for a moment and simply allow the above chart to ‘speak’ for itself. The blue line represents the nominal amount of net short positioning in COMEX contracts for traders the Commodity Futures Trading Commission (CFTC) classes as “Commercial” in its weekly recap of large trader positioning in New York futures. That Commitments of Traders or COT report is useful to determine how the largest futures traders are currently positioned, but more importantly, when closely followed, the report reveals oversized changes in that positioning and other trading anomalies. The pink colored line is the Cash Market price of silver as of the COT reporting cutoff each week.
At Got Gold Report, we follow this government-issue report closely and report on it biweekly to Vultures (Got Gold Report Subscribers) more in depth than we intend to do with this public notice today. The simple issue we wish to call to everyone’s attention is the graph above paints a very strongly bullish picture if we consider the following attributes in isolation.
Lows for the silver LCNS near the lower portion of the graph are nearly always associated with lows for silver. (See if one can find any exception to that notion.)
Silver shows a strong tendency to rally significantly following LCNS extreme lows. • Since at least October of 2010, COMEX commercials have shown a tendency to reduce their net short positioning – they reduced net shorts as silver powered higher, and accelerated that process as it fell precipitously. Commercials want to ‘get smaller’ in the silver net short department.
COMEX commercials position for what they believe the conditions favor, what the price will do three to nine months forward – positioning for silver weakness by adding to net short positions – for silver strength by reducing net short positions.
Every once in a while the COT report is so dramatic or it shows something so unusual that it strikes us as urgent news for our valued readership. That was the case on Friday, July 1, 2011, when we issued an important update on this free web log.
Kindly indulge us for a moment to reprint the closing portion of that comment of nearly two weeks ago.
For whatever reasons, the largest hedgers and short sellers of gold and silver futures have used the recent declines in the price of gold and silver to get a great deal “smaller” in their net short bets – and in a New York hurry as evidenced in the very important graphs shown.
Most anything can happen over the very short term, but historically very large, abrupt changes in commercial net short positioning have been like klaxons sounding for experienced traders to “get to battle stations.” These are indeed just the kind of very large changes of which we speak.
For silver specifically, the very low level of commercial net short positioning suggests that the Big Sellers of silver futures are not at all confident in lower silver prices just ahead. Notice that as the LCNS:TO reached the lowest levels on the graph above it almost always coincided with lows in the price of silver or very near them.
We certainly cannot say that the Big Sellers of silver futures are positioning as though THEY think that silver is set to plunge further - to the contrary. The Big Sellers are net buyers here - at a pretty fast clip, not net sellers.
Be sure to view the excellent commentary on silver by Eric Sprott and Andrew Morris linked in the VultureInReview section immediately to the right of this post on the Home page of the web log. It is indeed worthwhile in our opinion.
As we communicated to Vultures in our last full report, we viewed the COT setup this time as very strongly bullish for both gold and silver – especially so for silver for all the reasons we cited then.
Yesterday, we also noted that September COMEX silver was trading in a tightening wedge. We’d suggest that those who might favor the short side of silver also consider that post too, although it might have been better had they done so then.
How interesting that silver is now threatening to break out of that wedge as we send this off to be posted. Silver is currently thrusting above the $38 battle line as we do, up nearly $2.00 from yesterday’s New York last trade. We’d bet some of that rise today are people who thought they had a pretty good short bet down on silver, having a market-induced change of mind.
The bottom line: Very large, seasoned professional futures traders that should absolutely know if commercial supplies of silver are indeed tight are positioning as though they believe with certainty that is so. Short silver at one’s peril in light of these compelling indicators.
http://www.gotgoldreport.com/2011/07/-comex-commercial-traders-positioning-for-silver-strength.html
The Bankster's Latest Tricks
Published on Tuesday, June 14, 2011, 1:06 PM ago by Ken Koenen
I thought the banks had gone as far as possible to take money from the taxpayers and the government through their TARP funds and the manner in which they paid it back, enabling them to pay bonuses to their executives without government interference. They did not make the money by doing what banks are supposed to do, which is lend money. Instead, they invested it in the stock market, driving it up, and then selling and reaping the profits.
Of course, that results in capital gains that is taxable income with no offsetting deductions other than capital losses. God forbid the banksters should pay tax to the government (and the taxpayers) who bailed them out. They had to come up with a way to create more capital losses.
Of course, for these brilliant people, this was an easy task. Here is what they did, and I have the proof, which I am forwarding to the Internal Revenue Service this week. This was a JP Morgan Chase Bank transaction.
1. When they foreclose on a property, they report the "transfer value" to the county recorder. I am not sure how this affects the property taxes in other states, but in California the property taxes are assessed based upon the transfer value, as are the transfer taxes. The property for which I have the proof was reported to the county as having a transfer value of $143,000.
2. Chase then issued to the previous owner a 1099-A, as required by Federal law, to report the amount of the obligation and the fair market value of the property. In this case the outstanding principle was $283,000.00. In spite of the fact that they had shown a transfer value of $143,000 to the county, Chase reported that the Fair Market Value of the property was $345,000, more than $200,000 higher!
3. Chase then put the property on the market for $147,000, even though they had already turned down a short sale offer of $150,000 cash. They ultimately sold the property for $130,000.
What this means is that they now showed a capital loss of the difference between what they reported as the Fair Market Value ($345,000) and the final selling price ($130,000). Using those numbers, their capital loss was $215,000 which they could now offset against the capital gains from their stock dealings, saving them $32,250 in Federal taxes, and who knows how much in state taxes.
Doesn't seem like all that much for a big corporation such as Chase, but multiply that by 100,000 foreclosures and you come up with something like $3 billion dollars in fraudulent tax evasion.
In the mean time, our government leaders ignore these facts and have allowed the big banks and the rest of the financial markets to run our country because they have all of the wealth. They continue to drive down the prices of homes through the foreclosure process, while the government sits on the side lines making meaningless gestures regarding helping homeowners, while allowing the banksters free reign in destroying the fabric of America.
http://www.brokeragentsocial.com/article/1233/the-bankster-039-s-latest-tricks
bbotcs- I humbly disagree. The seeds of our demise were planted in 1913 with the creation of the federal reserve. We have been going downhill ever since and will continue as the big banks continue pillaging the wealth from our society.
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midrew- nice job on the DD. Altho I would think the company already knows of all this, perhaps they should be made aware of the fact that anyone seriously thinking of investing would find what you did and pass. Send a copy of that post to IR and see if you get a response. I would hope it should shake something up anyway. Thanks
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There's no doubt in my mind the potential of this gas field. I am sitting right on top of it. This past year has seen more than a dozen wells being drilled within 5 miles of my home. We have gone from a quiet rural life to heavy industrialization. My land is leased to Talisman Energy. Under PA law you almost have to lease to gain the many protections given to homeowners under the laws. Besides I'm not a NIMBY. I realize the need for domestic energy production and it has to be somewhere. This is probably one of the few areas in the country that is not undergoing economic decline and real estate prices are booming mainly due to the mineral rights of landowners. I have talked to many people in the industry working around here. The gas companies are cautiously expressing the pumping of gas from here for at least the next hundred years. Now if we could only find a way to extract the oil safely from the western states' shale deposits we could conceivable be energy independant in 5 years. That is if big government doesn't get in the way and screw things up like everything else they do.
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Hi Street Trader, bought this a while ago. I had heard a blip but could never confirm what I heard. Looks like the rumor may have more substance.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56028481
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Probe Manufacturing Secures $225,000 Medical Device Manufacturing Contract and Exceeds $2.6 Million in Open Orders
9:30a ET June 21, 2011 (Business Wire) Probe Manufacturing, Inc., (Pink Sheets:PMFI) http://www.probeglobal.com/, a global electronics design and manufacturing services company is pleased to announce that it has secured a $225,000 blanket purchase order from an existing medical device manufacturing client with 50% of the order due in 3rd and 4th quarters of 2011. Probe is now on target to achieve its 2011 revenue and earnings forecast.
New orders have increased from $1.3 million to $3.0 million, or 130%, year-to-date as compared to the same period last year, bringing our total open orders to $2.6 million. "Probe's ability to drive its growth organically from its existing customer base is clearly demonstrated by this latest order, which also exhibits the overall confidence and satisfaction that Probe's current client base has in our company," stated Kam Mahdi, CEO and Chairman.
About Probe Manufacturing, Inc.
Probe Manufacturing is a global electronics design & manufacturing services company providing innovators with business services through our factory in California as well as factories worldwide. Headquartered in Irvine, California, Probe has been serving industrial, instrumentation, medical, aerospace, defense, and automotive industries since 1994. Probe's common stock is traded on the bulletin board under the symbol PMFI.PK. Further information is available on Probe's website: www.probeglobal.com.
This release contains certain forward-looking statements (under Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) with respect to whether Probe can maintain its revenue growth experienced year-to-date and whether such new business will be profitable for the company. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and contingencies include, but are not limited to, the following: uncertainties relating to changes in general economic and market conditions; uncertainties regarding changes in the EMS industry; the uncertainties relating to the implementation of our global business strategy; and other risk factors as outlined in the company's periodic reports, as filed with the U.S. Securities and Exchange Commission. Forward-looking statements in this document speak only as of the date on which such statements were made, and we undertake no obligation to update any such statements that may become untrue because of subsequent events. We claim the safe harbor protection for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.
SOURCE: Probe Manufacturing, Inc.
For Probe Manufacturing, Inc.
Investor Relations:
Brian Barnes, 800-953-3350
bbarnes@equititrend.com
Le2- The transfer of old shares to the new after a R/S is solely on the company involved. The brokerage can do nothing until the TA notifies them. The TA can do nothing until instructed by the company. A normal transfer should only take 2-3 business days. Any delays beyond that time period are solely on the head of the company involved. Lately I am seeing a lot more delays in transfers, with companies trying to blame everyone but themselves. It is something to keep in mind if one considers investing.
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otcbargains- take your pick from hundreds, possibly thousands, of bloggers that have been saying similar things for the past few years. If I had to name a public figure recognized by all I would submit Congressman Ron Paul. His very clear and public opinions are a very close parallel. The republican party could do far worse for a candidate in 2012, and probably will.
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Debt: Addressing a Centuries-Old Problem
The budget should be balanced, the treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt.
-- Cicero, 55 B.C.
Could we perhaps insert USA for Rome in this quote?
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And don't forget the bankers' shill Geithner.eom
Chroma Z- excellent job on the iBox. I caught the name James Miller involved with this company and that name is in my files from the IVAY days. I like the way you give a balanced view on the history to allow the individual to make his/her own decision on whether to invest here or not. Very refreshing indeed. Is he one of these guys that jump from ship to ship leaving a trail of battered investors holding worthless stock behind? Good question. Nice job and keep up the good work. Very few stock specific boards attempt to give both sides of the coin. A membermark for you.
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New shares on my Ameritrade now. eom
What Schwab told you is correct. They can't do a thing until the TA recalls the old shares and issues the new. The TA will do that when they get the word from the company to do so. The hold up is not the TA. Any TA that would take more than a few business days to transact a share swap with brokerages would not be in business for long. It is the company that is delaying the transfer. If the company had given the word to do the transfer it would have been done already. Why are they holding back our shares? I don't have an answer but the longer it takes the more suspicious it seems. It's been almost 2 weeks since the R/S. Something is beginning to smell and it ain't smelling sweet. And yes I am a shareholder and unhappy with the way this is going.
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schmedro- believe me, the only thing holding up the share transfer is the company giving the word to the TA to make it happen. Seen many r/m a with r/s over the years and it has nothing to do with the transferring of old and new shares. That is strictly the job of the TA and only done with the company's approval, no one else's. A normal transfer should only take 2 to 3 business days to see the new shares in your account. Perhaps the holiday was a slight holdup. I want to give the company the benefit but it gets harder to do as time passes. So we wait and see. It has become a credibility issue that tied in with that Sunday night R/S announcement makes one wonder what is really going on.
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I hate to be disagreeable as I have an investment here also. This is beyond FINRA. Once FINRA approved the name change and new ticker they are out of it. This is between the company and the TA. The TA will not do anything until authorized by the company. I think you have been fed a line of something. If you are making a call to FINRA they will tell you the same thing. The delay in getting the new shares out to us is solely the fault of the company. I can give them the benefit of the doubt as they may not be familiar with these minor details, but if I were them I'd wonder about the quality of legal advice I'm being given. Give you an A+ for your efforts, but as anyone who has been in pennystockland for a while will tell you, you can't always believe what the company tells you.
GL2U
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Yes, the TA does deal with the shares. But they will not do anything until notified and authorized by the company. The company is in control. Next time ask jr if the company has notified the TA of the action it wants them to take in regards to the issuing of new shares and replacing the old and when it is supposed to take place.
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It's perfectly legal if approved as such by the majority of the voting shares. It happens all the time in microcaps. R/S the outstanding but not the authorized. I can't say for sure that this will happen here, but most of the time you will see a company start diluting asap.
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Perhaps someone can pass this along to the company.
* Look for some exotic cars with federal plates plying the streets. The White House has ordered agencies to make the federal fleet use less fuel. A new directive sets a December 2015 deadline for all federal vehicles to be hybrid or run on non-gasoline fuels. In the meantime, the General Services Administration will spend $4.3 million to buy 116 all-electrics. That buy will consist of a combination of Chevrolet Volts, Nissan Leafs, and teensy THINK City cars. GSA will install charging stations in Washington, Detroit, Los Angeles, San Francisco, and San Diego, California.
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Embry - Silver Market Extraordinarily Tight, Look for $125
With gold and silver on the rebound, today King World News interviewed John Embry, Chief Investment Strategist of the now $9 billion strong Sprott Asset Management. When asked about gold breaking out in Euros and the Pound Embry stated, “I think it’s very significant. I mean the fact that they held it (gold) in Euros there for weeks, but now I think the problems in Europe, in the periphery are becoming so apparent and the anger is starting to really rise to the surface, they are basically spurring buying in these countries.”
Embry continues:
“People are feeling more comfortable protecting themselves with things like gold. I think it is significant that it (gold) has broken out here in Euros and in the English Pound and I think it will break out to new highs against the US dollar before this move is over.”
When asked about the action in silver specifically Embry remarked, “Let’s face it, silver needed a correction because it had gone up in almost a straight line and people were talking about parabolas and what have you. But the correction was amplified by the CFTC allowing or sponsoring five margin hikes in eight days. Every time the price was getting pounded they put in another margin hike, so anybody that was long and didn’t have extraordinarily deep pockets had to puke the position.
But I think the most interesting comment someone said was, ‘You know in the long-term move in silver this will look like the blip in the ’87 stock market crash.’ Then, as you know, they killed it (stocks) in ’87 and the stock market proceeded to go up 5 or 6 fold. I think silver will do exactly the same thing. It’s irritating if you’re long on margin because you are going to get kicked out of the position, but if you know the game, it was just another opportunity to get some cheap silver.”
When asked if there was still tightness in the silver market Embry replied, “As far as what we look at, my partner Eric Sprott, he thinks the market is extraordinarily tight. I think one thing people are underestimating is the investment demand. This is being triggered by the high gold price which is driving the little guy into silver for the simple reason that he can’t handle how much it costs to get an exposure in gold, so he buys silver.
So I think this will be an ongoing phenomena and when you put that together with the strong industrial demand, the two together will drive silver much higher. I think the optimists that are talking about the gold/silver ratio declining to historical lows of 10 to 15 times could well be right, and given where I think gold is going, I mean that has an enormous upside potential for silver.
...Well let’s say gold goes to $2,500 which I don’t think is an outrageous statement in the face of what is going on, and the gold silver ratio falls to 20 to 1, well that puts silver at $125...People that were top-calling in silver and gloating when it got taken to the cleaners, I don’t really think they really understand the dynamics of the market.”
When asked if he thought James Turk was correct in his KWN interview where he discussed this summer possibly being a repeat of 29 years ago when gold had a massive upside move Embry said, “Absolutely, and the fact that everybody is sort of trying to put a seasonal spin on this that gold is sort of weak...I think they could get blindsided and that James Turk could be very right on that call.”
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/5/24_Embry_-_Silver_Market_Extraordinarily_Tight%2C_Look_for_%24125.html
Your brokerages cannot do anything with the old or the new shares until the transfer agent gets in contact with them. They call in the old shares and send the new. The TA cannot do this until they get authorization from the company. On a normal transfer it should only take 2 to 3 business days to replace the old with the new. Any holdup beyond that can be directly traced back to the company. The TA cannot and will not do anything unless directed to by the company.
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Looks like Alex is alive and kicking. I wonder how this latest scam will turn out.
http://www.prlog.org/11503944-open-casting-june-4-for-the-california-intern-in-laguna-beach-california-for-daily-deal-tv.html
The Strauss Kahn Frame-Up: The Amerikan Police State Strides Forward
Looks like an EPS for just the first quarter of half a cent.
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Probe Manufacturing Reports 86% Revenue Growth For its Fiscal First Quarter 2011 Results
12:57p ET May 17, 2011 (Business Wire) Probe Manufacturing, Inc., (PMFI.PK), a global electronics design & manufacturing services company, today reported results for its fiscal first quarter of 2011, which ended on March 31st, 2011. The company reported 86% revenue growth of $906,313 and net quarterly profit of $24,729 compared to revenue of $487,506 and net profit of $16,157 in the comparative quarter of 2010. Probe's customer base has increased from 8 to 21 accounts since fourth quarter of 2009. Net cash provided from operations was $228,535 compared to $71,042 from the prior year's first quarter.
Summary financial information
for the three months ended March 31,
----------------------------------------------
2011 2010
-------------------- -----------------------
Sales 906,313 487,506
------------------ -------------------- -----------------------
Gross Profit 258,761 151,356
------------------ -------------------- -----------------------
Net Income 24,729 16,157
------------------ -------------------- -----------------------
as of March 31, 2011 as of December 31, 2010
-------------------- -----------------------
Cash 106,033 (47,502 )
------------------ -------------------- ----------------------- ----
Working Capital 73,806 44,385
------------------ -------------------- -----------------------
Total Assets 1,405,939 994,964
------------------ -------------------- -----------------------
Long term Debt 2,327 5,932
------------------ -------------------- -----------------------
Stockholder Equity 207,902 183,175
------------------ -------------------- -----------------------
"We're very excited about the performance of our business; our company is firing on all cylinders and the development of our customer base continues to fuel our growth at a remarkable, yet manageable rate," said Kam Mahdi, PMI's CEO. "Our low cost, flexible and high quality model has become a successful formula for our customers and our stakeholders. We've been growing at an accelerated rate while maintaining a low overhead and profitability. Our business model is allowing our customers to take advantage of lower manufacturing cost through our strategic partnerships overseas, while keeping the bulk of their manufacturing in our California factory and supporting our local economy as our employee base continues to grow."
"We have also been assisting several innovative start-ups over the last year. As a result, we have helped to develop leading edge technologies by providing engineering and new product introduction services. Our customer centric management team is sourcing and qualifying lower cost and higher volume capacity competences through factories here and worldwide. This is a win-win situation for everyone and we will be making announcements about these exciting technologies soon," said Kam Mahdi, PMI's CEO.
"We're looking forward to the second fiscal quarter of 2011, as we expect revenue to continue to increase due to the addition of new customers," said John Bennett, PMI's CFO.
About Probe Manufacturing, Inc.
Probe Manufacturing is a global electronics design & manufacturing services company providing innovators with business services through our factory in California as well as factories Worldwide. Headquartered in Irvine, California, Probe has been serving industrial, instrumentation, medical, aerospace, defense, and automotive industries since 1994. Probe's common stock is traded on the bulletin board under the symbol PMFI.PK. Further information is available on Probe's website: www.probeglobal.com.
This release contains certain forward-looking statements (under Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) with respect to whether Probe's business strategy to become a global EMS provider will be financially beneficial to the Company and whether it can maintain its revenue growth experienced in the last three months. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and contingencies include, but are not limited to, the following: uncertainties relating to changes in general economic and market conditions; uncertainties regarding changes in the EMS industry; the uncertainties relating to the implementation of our global business strategy; and other risk factors as outlined in the company's periodic reports, as filed with the U.S. Securities and Exchange Commission. Forward-looking statements in this document speak only as of the date on which such statements were made, and we undertake no obligation to update any such statements that may become untrue because of subsequent events. We claim the safe harbor protection for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.
SOURCE: Probe Manufacturing, Inc.
for Probe Manufacturing, Inc.
Investor Relations:
Brian Barnes
800-953-3350
bbarnes@equititrend.com
UBSS off the ask of .011, now up to .013eom
Just filled but took almost 5 minutes. eom
Ordered 20,000 more at the ask and no fill yet.
.........al
Someone correct my figuring if I'm wrong. Net profit $132,000 should give an approximate EPS of 2.5 to 3¢. This is just one quarter and this is still trading at a penny. Anything wrong with this picture?
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Stock stalker- I read and reread your post a couple times. I appreciate the straightforwardness. It's hard to disagree given the history here. It was a good idea to begin with, but sadly has not come to fruition as many had hoped. One thing overlooked by many is also the fact that nepotism has no business in a public company unless your brother is Henry Ford. Companies fail ususally due to one of 2 reasons- mismanagemnent or undercapitalization. I think EI has had some or a lot of both. Yet it is still alive maybe not in a coma rather barely treading water may be a better analogy. The entry of Waterloo with capital and management expertise may yet be the savior of this idea of personalized funeral direction. What is in it for stockholders remains to be seen. I am still fence sitting here but right now feeling much better about the direction of the company. Time will tell.
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It seems if you wait long enough you can get it at your price. Question is how much longer will it last. When this company starts coming up on radars getting shares at a penny will be next to impossible. Growing company with jobs generating revenues and from last Q would be turning a small profit if not for a few write offs. Very encouraging.
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I'm holding free riders in NSFE NWGN and STDF. Any kind of nice pop in any of them and I'll be getting more UDHC.
........al
My L2 showed ETMM ask 5000 at .01. I expected only a partial fill. They are still at a penny. I think they are violating new FINRA rules. I do like this when I can get it at 1¢. I have great expectations on the future.
.......al
added 40000 today. eom
my2pennies- great post. I don't think anyone knows for sure which way the company is headed. The Waterloo connection is by far the best news I have seen recently. I think they have seen product potential that can be turnrd into sales. And to make sure it won't be abused, they have almost half the voting shares and their own people on board to oversee their substantial investment. The company has been undercapitalized and plagued with some bad management decisions since it's inception. I hope the Waterloo connection has resolved both issues. Time will tell.
.............al