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There's literally nothing let on the L2 to .01
CFGN just back of to .013!
Just spoke to Lindsay she's looking into right now.
BREAKOUT! Today's news was monumental for shareholders!
Once this gets over a penny we probably have a merger or acquisition coming as well. IR jas said many times that they have big moves lined up but need to meet negotiated terms of holding over a penny.
.01+ cometh should be .10 plus
$ABCE big buys coming in on News. Company paid off almost all remaining convertible Debt.
$170k market cap
31.9 million OS
$6million projected revenue 2019
$ABCE big buys coming in on News. Company paid off almost all remaining convertible Debt.
$170k market cap
31.9 million OS
$6million projected revenue 2019
Big buys today. If this continues what little conversations are left will be gone.
Yes, this is a game changer for shareholder value. Still only $170k market cap
ABCO Energy, Inc (OTC PINK: ABCED) Tucson, Arizona (January 31, 2019) is pleased to announce that it has completed the purchase of one half of its outstanding convertible preferred stock before its maturity to prevent further dilution of ABCE shares. At today’s prices this move has prevented more than 25,000,000 shares from coming on to the market. We expect to save an equal amount of dilution when we acquire the last convertible preferred series outstanding before maturity, which we intend to do in late
February.
“In order to prevent approximately 50,000,000 unfriendly shares from entering the market from the two maturities, we will have paid more than $200,000 for redemption” said Charles O’Dowd, President of ABCO Energy. “However, we are committed to raise all of the funds and already one-half of this amount has been done. We are still expecting our domestic and foreign friends to continue to support us and our market should improve from this effort. This will be the last time we will rely on convertible debt of any kind to fund the Company. No matter what they say, it never works out.”
“Since ABCO completed over $3 million in projects during the last fiscal year ending in 2018 and is entering 2019 with nearly $1,450,000 in backlog we should leap forward over the next 12 months. This will improve our cash flow and allow us to take advantage of more profitable opportunities in 2019” added Mr. O’Dowd.
Will need more investors to pick up the last of the note. Its basically just you and I having a conversation here.
Ya I'm thinking there's a few shares to work through and it should be clear skys.
Taking care of dilution is extremely important. Also CEO stated that they will not be taking on anymore convertible debt. That's in a PR were he must be held accountable for his word. 2019 could be a huge year here.
$ABCE News out! Purchased half of its convertible debt back. This is huge for shareholders. Stock was up %65 yesterday down %20 today on some sell off with news.
$ABCE News out! Purchased half of its convertible debt back. This is huge for shareholders. Stock was up %65 yesterday down %20 today on some sell off with news.
Some pretty good news. ABCE taking major steps to limit dilution. A step in the right direction for shareholders.
$ABCE up %75
I'm sure there's plenty of retail with small amounts of shares.
Nice to see a tighter spread
Funny thing is .01 is still only a market cap of $310k should be a bare minimum $1 million. All IMO others will disagree
Lots of buying this AM very interesting
Great email! I'm looking forward to reading all the replies everyone is getting. It certainly is nice having an IR to speak with on a regular basis.
$ABCE up %65 nothing but clear skys L2
$ABCE up %65 nothing but clear skys L2
Very interesting day indeed
In conversations I've had with IR I know they are working to negotiate terms of converters selling over .01, and it sounds like if something of the sort did happen they would PR it.
If you talk to Lindsay she will explain her plan is to get ABCE on a regular news cycle dropping PRs every two weeks with new information and updates on company developments. Of course all this takes time to develop and doesnt happen over night.
I'm hopeful for the future here for my investments sake.
When I have sold shares before I have shown as CDEL could easily be retail aswell it's not %100
CDEL has been sitting there for weeks
Looks like CFGN moved to 50
Hope any of this information is helpful
Only a 17k loss in Q3 2018 aswell. Company has doubled sales two years in a row and is getting closer to profits every Quarter. Who knows Q4 could have had profits.
They also would have a bunch of carry forward losses to use up if they start turning profits.
There's definitely problems here, it's not all perfect but the market cap is ridiculous to say the least.
Just got off the phone with Abco. David and Lindsay said they will have the shareholder answers to me TODAY.
I will post the documents to the message board. If it is an email written response I will screen shot and post that to the message board.
Fingers crossed. Hoping we get open and honest answers. Transparency is really what I'm looking for here.
Ummm.... ya that is the shareholders job. Talk to the company to form your own opinion of whether this is a company worth investing in.
Also never said anything about her being "nice"
She is a professional who knows what her job is and is easy to speak to.
Thank you. And Lindsay responds to my emails regularly. She has been very easy to work with. She completed the answers to the questions late last week but does not have the authority to release that information with out permission from the higher ups.
IMO Lindsay is definitely a step in the right direction for the companies public affairs. I Urge every stockholder to call Abco and speak with her at some point.
I'm working to get our answers. David has been very hard to get a hold of.
Should be Thursday. Dont hold me to that
Increasing sales is more important. And new IR hire needs final approval to send stuff out.
If they are busy giving presentations and meeting clients that takes up alot of time especially if they have to travel. Reading through and making sure all the information is accurate and safe to send out to the public takes more than a quick glance.
I'm fine with the delay as long as they are very detailed in their responses.