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Haven't you heard....
He who laughs last.... laughs the hardest!
I'll save my laughing for when I'm on the way to the bank when WTWO shoots back above a penny. IMO
BTW, what makes you think you have any credibilty for your "WTWO analysis" on this board anyway?
More words of wisdom on WTWO....
03/23/12 - Now after checking out just how ridiculously cheap the share price is and the ridiculously low shares outstanding add on to that the fact that wtwo has been doing nothing but building products as a development stage company for a number of years and now for the first time they are going commercial with sales internationally.. this is the moment everyone has been waiting for REAL REVENUES AND REAL SALES!! read the press release today and see the 4 million bucks, and misc upfront money etc.. this is the best news ever for wtwo. I bought some shares yesterday just on the basic cheapness of the shares but today the news was nothing short of spectacular as far as I'm concerned and I wish I had more dry powder to buy today but alas I did not.. I will be buying more this coming week. I won't wait for the first revenues to show up on a quarterly.. by that time the pps will be back where it was a couple of years ago.. just my opinions of course but happy hunting. Martymech
I think this is when the stock was at .016
I assume you are referring to me. So let's get the record straight... I am neither an affiliate, insider or employee of the company. Do I have a vested interest in the success of the company? You bet your A$$!
If you don't believe in WTWO then... SEE YA!
To all.....
Because of all the complicated transactions, reserve reports and derivutive accounting procedures, it is extremely difficult for the company to make the time requirements for their year end audited financial statement. Then couple that with the extensive peer reviews that are done by the accounting firms for public company's (in order to reduce the accounting firms liability) and it makes it daunting if not impossible to get everything done within a 90 day window.
However, I am a firm believer that adversity creates opportunity. That being said, I think there is a great opportunity to accumulate stock cheap while the company has an E on its symbol. I certainly wouldn't be surprised to start seeing press releases coming out on the comapny after they complete their 10K filing.
IMHO
Any time a situation is created where I can buy stock at the bottom of a trading range I consider it alot of fun.
If that's the case then why are you still on this board?
Anyone who buys highly speculative securities like WTWO and then look at the stats, trends or charts is an idiot - IMHO. You can't predict a pink sheet winner from a chart or statistic.
You see that the difference between you and I.....
I do not look into the history of a development stage company as to whether they WERE a good investment. Why? Because one would not expect them to have any type of revenue stream while they are in the research and development stage of their products or operations.
The key to making money in a company like WTWO is TIMING. Determining when they are on the brink of going from development stage into a company that is actually producing and selling a product is the key to success.
That is also why I could care less about whether the stock ticks up or down on a daily basis. I happen to come from a professional racing background and we have a saying, "It's not where your at in the middle of the race, it's where you cross the finish line that counts."
That being said, I look at WTWO on a going forward basis. I will judge the company based upon what they are doing today and what I believe they are capable of doing tomorrow. As news comes out, at some time, I believe the stock will trade in parady with their future business.
As for all this nonsense about dilution, you don't have to be a rocket scientist to know that companies like WTWO and a miriad of others, commonly fund their operations through convertible notes. Yes, that does cause dilution, but it also comes with the territory and falls under the risk to reward category. That doesn't mean the company is a failure, is doing anything illegal or is trying to hurt the shareholders. If you aren't astute enough to know these things before you invest in a penny stock then you probably shouldn't be investing in highly speculative securities in the first place.
It is sad to see people comment on a company like WTWO and spend all their efforts in giving negative opinion after negative opinion about a situation that they should take responsibility for when they initially made the decision to invest in the first place. Now they spend their life hoping and praying that others lose just like they did. Any time I have made a poor investment choice I have always blamed myself not the company. And in the times that I have had to cut my losses, I have done just that and moved on to something more productive and positive.
In my world, winners always take responsibility for their actions while losers always blame someone else for their failures.
JMHO
I just love getting advice about WTWO from someone who was telling everyone and their brother what a great buy it was just two weeks ago when it was trading at .015+ a share.
And trust me, WTWO is not the only stock that was being touted by a certain individual that is down more than 50% in the last two weeks.
In my opinion, never rely on someone else's opinion regarding an investment like WTWO. Especially when they seem to always be wrong.
JMHO
I can't imagine why someone would be telling people to buy WTWO stock one week when it was double where it is now and then tell them to dump them the following.
Hmm....
Hey guess what,?? while you all were ignoring wtwo they came out with news today with signed deals... and with a market cap of only ninety grand when their assets total somewhere in the 4 million range I say maybe people should wake up and smell the profits.. LOL kaching kaching. JMO Martymech
It makes perfectly good sense....
EGPI Firecreek is an oil and gas company that happens to have an alternative energy division. At this time, EGPI has limited working capital and has opted to go "all in" with their oil and gas division. Remediating and drilling for oil is a very expensive prospect.
Because of this, they have not been able to do anything productive with their Arctic Solar division. Hence, the sale of the division to WTWO who is better suited to utilize their technology.
From what I understand, WTWO is waiting for EGPI Firecreek to complete their audited 10K filing which is less than a week away. Upon completion, EGPI will be ready to move forward and finalize the transaction.
It is not a matter of what I want or don't want to do. I'm not an employee of the company and do not feel obligated to furnish information to anyone who I believe has a hidden agenda that is contradictory to my personal interest in W2 Energy.
I can tell you however, that I have spoken to both Mike McLaren and David Freund. Both have, on more than one occasion, expressed concerns about harrassment that they and their employees have received from previous disgruntled shareholders of past. Quite honestly, I wouldn't blame them for being discreet with anyone who did not directly have anything to do with potential orders or day to day operations.
I believe the matter brought up about W2 Energy's Maryland office and the weak attempt to insinuate ridiculous "theories" sheds perfect light on the true intent of the disingenuous questioning by "alleged" shareholders in WTWO.
JMHO
It is not a matter of what I want or don't want to do. I'm not an employee of the company and do not feel obligated to furnish information to anyone who I believe has a hidden agenda that is contradictory to my personal interest in W2 Energy.
I can tell you however, that I have spoken to both Mike McLaren and David Freund. Both have, on more than one occasion, expressed concerns about harrassment that they and their employees have received from previous disgruntled shareholders of past. Quite honestly, I wouldn't blame them for being discreet with anyone who did not directly have anything to do with potential orders or day to day operations.
I believe the matter brought up about W2 Energy's Maryland office and the weak attempt to insinuate ridiculous "theories" sheds perfect light on the true intent of the disingenuous questioning by "alleged" shareholders in WTWO.
JMHO
There is absolutely no reason why anyone (without an agenda) would think that W2 Energy would be misleading their shareholders.
However, if you believe that you have anything more than "I THINK" or "MAY NOT" or "IF THAT'S THE CASE" to bring to the table, then I would suggest you do so.
If not, then drop it or sell your WTWO shares. That's what I would do if I thought a company that I owned stock in was deceiving me.
As for worrying about influencing earnings, dividends or pps, I'd wait until they had some orders, consistent revenue streams and net income before I would worry about those things.
JMHO
If one were to go to the WTWO website and view this link:
http://w2energy.com/2011/11/greeting-from-columbia-maryland/
One would see W2's VP of Business Development, David Freund and Communications Director, Michael Caulton standing in front of their Maryland office.
Unless, of course, it is your intention to say that the picture is a lie, the website is a lie, their press releases are lies which would constitute fraud. Being a fully reporting company I don't think they would take that chance considering the SEC reviews all their filings and all WTWO information that is disseminated to the public.
However, if that is your legitimate concern then let me suggest to you that you immediately sell your WTWO stock. Leave it up to us fools to believe in the company's potential.
If one were to go to the WTWO website and view this link:
http://w2energy.com/2011/11/greeting-from-columbia-maryland/
One would see W2's VP of Business Development, David Freund and Communications Director, Michael Caulton standing in front of their Maryland office.
Unless, of course, it is your intention to say that the picture is a lie, the website is a lie, their press releases are lies which would constitute fraud. Being a fully reporting company I don't think they would take that chance considering the SEC reviews all their filings and all information that is disseminated to the public.
However, if that is your concern then let me suggest to you that you immediately sell your WTWO stock. Leave it up to us fools to believe in the company's potential.
The people from Arctic Solar had no problem in contacting W2 at their Maryland office. I'm sure that people who have real business to bring to the table have no problem with contacting the company.
Let me get this straight.... You happen to know all the occupants in the building yet you don't know that W2 Energy has an office there? Give me a break!
To say that WTWO doesn't have a Columbia, MD office would be to imply they are attempting to deceive their shareholders. Hmm.... I would be careful about making accusations like that.
20, 30, 40 minutes..... Why would anyone be focusing on something so trivial as opposed to the actual significance of WTWO's last press release?
Understandable Swim....
However, I am new to this stock and can't evaluate the company on its past. I look at a situation like WTWO and make decisions based on a going forward basis. Going forward, I think the upside potential by far outweighs any limited downside movement.
For previous investors, they have to decide whether to get out and move on... or average down. If you owned stock before the reverse split then timing just wasn't on your side. That does not constitute WTWO being a failure or scam.
Wow! What a market maven you are! Do you really think that if this company were showing consistent revenue stream and profits that you would be able to buy this stock sub-penny?
People don't buy stocks like this based upon what they are doing today, but rather, what they think the company will be doing in the future.
Liked I stated, if you don't like the company then move on. Stop acting like a scorned lover. Geez.... I'd hate to see how you'd act in a divorce!
Really? How would you know when I bought shares? I can definitely tell you I've never bought shares higher than a penny. Upset??? It seems to me that the only one crying about the performance of the stock is you.
This is a speculative stock. It goes up and it goes down just like every other stock that trades in the market. The percentage swings may be higher but that's why we play in the penny land arena, isn't it? High risk can mean high reward and possibly big losses. If you don't have the stomach for it, then I suggest you sell your position and move on.
As for the accuracy of what is posted on OTC, I would never rely on old information. They reflect what the shares outstanding are from their last Q or K filing. But heck, even if the company had 5 times the float you think it has, it still has the ability to make a solid move on good press releases.
Move your bid down??? Like you would ever go long this stock? Anyone can be an armchair quarterback and sound like they know what they are doing. BTW, were you the market maven telling everyone to buy the stock 3 weeks ago at .007 before it moved up 150%? Yeah... I didn't think so!
How many shares showing on the .001 offer?
Bloomberg quote is inaccurate in its listing status. Cubo Energy meets all the listing criteria's and is not in jeopardy of being delisted.
Yeah Right!!! Like Thiefscamfraud ever bought a single share of stock in this company. I may have been born at night.... but I wasn't born last night!
We won't know until they sign a Definitive Agreement and file an 8K. Regardless, whether it's cash or stock (which will be sold and turned into cash) you can bet your bottom dollar that those monies are going into expanding their oil & gas division.
ALWAYS REMEMBER.... One man's junk is another man's treasure!
Next Press Release and this thing trades back where it was last week. IMO
BUY LOW AND SELL HIGH!!!!
If you are trying to make yourself look like a fool then.... Congratulations!
First, The "E" on the end of a symbol stands for "extension". If a fully reporting company is running late with their audited or unaudited financial statement for their Q or K filing, they are allowed, under SEC rules and guidlines, to file for an extension. Hence the E at the end of the symbol. The filing of an exemption actually shows that the company is being compliant.
Second, Sterling Business Ventures was incorporated in 1995 and provided 3 years worth of audited financial statements for the reverse acquisition. As I previously stated, "EFIR has never been a shell nor have they ever reversed merged into a shell". The point you attempt to bring out only proves what I stated.
Keep up the good work. At this rate, your credibility is shrinking by the hour.
By the way, I was looking at highlycynicals version of EGPI's business plan.
1). EGPI has never been a shell corp. nor reverse merged into a shell.
2). The company has been compliant and has benn an SEC fully reporting company since 1999.
3). The company does in fact own oil leases, equipment and produces oil.
I would suggest that if you want to develop any type of credibility then you should get your facts straight.
CORRECTION.....
I can not predict the future, but I don't think this company is not a scam.
I meant, I do not believe this company is a scam.
A Simple Education.....
First, I have to say, I often wonder what type of people invest in stocks like EFIR. I would hope that most, if not all, are investing with the same monies they would use if they were in Vegas and NOT cashing in their IRA's to invest. That being said, it seems as though there are a lot of people screaming "scam" and "pump and dump" as if they had the inside on something. In reality, it seems to me that it is only people who have taken losses previously and just can't seem to move on.
EFIR has made a lot of mistakes in the past. THAT IS A FACT! And, a lot of people have lost money. However, I am a believer that the harder you work the luckier you get. It is true that the company has had to do alot of dilutive financings which have affected the price of the stock. That, in part, was due to the economy and the lack of traditional investors (and banks) willing to lend in conventional ways. However, this latest press release shows that the company is looking for creative ways to finance their growth without continuing to sell their souls to the devil with vulture financiers.
By selling off a portion of their interest in revenue producing wells in exchange for funds and a relationship that will guarantee the develpoment of future wells, one can make an assumption that the operations are heading in the right direction.
That leaves us with the stock which is trading at a ridiculously low price. Buy low and sell high is what they say, right? Timing is everything. Unfortunately for some, they bought high and sold low. I know, it's so easy for me to be an arm chair quarterback. However, wrong timing should be expected, more than not, when you speculate with high risk securities.
I can not predict the future, but I don't think this company is not a scam (fully reporting to the SEC since 1999), the insider's are not selling (not a single 13D filing), nor are any of the principles taking outrageous salaries or stock bonuses, there was no "pump and dump" (the stock closed up 100% on the bid for the week) and the price is still close to the bottom of its trading range.
If the company can stay away from toxic fundings, complete more conventional forms of financing (now that lenders are coming back into the market) and grow their revenue streams, then I believe the stock is cheap at this price.
As more news comes out on this company, I believe the stock will start to trade reflective of the anticipation of the business they will be doing.
Just my opinion!
Just my opinion!
Uhhh.... The stock traded something like 860,000 shares for the day. At an avg. of .0025 that equates to about $2,000 in total trading value on the buys and sells. How does that equate to getting hit hard?
Hmmm... If they were such a scam why isn't this a picture of a mansion???