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In your case, management.
they are the ones that fire deadwood employees. NIR is just a lender who provides money at a cost for further development. So the ability to fire those they don't want is really the ones who have the power ta do the most damage to inept associates. ECMH management has a history of gettin rid of the inept, criminal and deceivers. From your perch that's probably painfull.
Not a zillion it's 750m authorized as it always was. Read the PR from the company below. If there's anythin ya don't understand help is available. It's best ta read these before ya post. Otherwise ya look uninformed and desperate.
Encompass Holdings, Inc. (Pink Sheets:ECMH), www.encompassholdings.com, reported today that it has begun the process and has received initial approval to restructure its Class A Common Shares by a factor of 1 new share for every 30 existing shares.
The Encompass Board of Directors, in order to meet the requirements for the new funding necessary to meet its business objectives, unanimously voted to reduce its issued and outstanding common stock from approximately 740 million shares to just under 25 million shares; a reduction factor of 1 for 30. The exact numbers of new shares will be determined when the actual share adjustment is completed.
The new funding will be used to meet the requirements of the Encompass subsidiaries, Rotary Engines Technologies, Inc., (rotary engines) Aqua Xtremes, Inc., (XBoards) and Quadrant Data Systems, Inc. (additional virtual platform hardware purchases) as previously described in the Encompass press release of May 20, 2010.
Scott Webber, CEO and a Director of Encompass, stated, "This new funding is an absolute requirement for our businesses to succeed. Having reached our total Authorized Shares, we had no other options other than increasing the authorized shares or decreasing the issued and outstanding shares. If we would have increased the authorized shares, we would continue to see 10s of millions of share conversions at sub-penny prices. However, by reducing the issued and outstanding shares, the existing convertible debt held by the NIR Group can be paid down more quickly and with fewer shares and less dilution by maintaining a lower float and a better share price. A share reverse, as opposed to an authorized share increase, results in lower share conversion numbers with each debt conversion."
Webber continued, "We are just as concerned about the impact of our actions on our existing shareholders as we are in meeting our obligations to our creditors. Our future success depends on receiving these new funds to rapidly complete our business initiatives. We know the challenges and the importance of maintaining the new share prices after this action takes effect. We believe that this new funding will give us the ability to meet that challenge to support the share price and values our existing shareholder base deserves. Our new investors are very positive about our actions and the future of Encompass."
Forward-looking statements in this news release are made under the ''Safe Harbor'' provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by the forward-looking statements, including the impact of changed economic or business conditions, competition, the success of existing and new product releases and other risk factors inherent in product development and other factors discussed from time to time in reports filed by the company with the Securities and Exchange Commission.
I didn't say it was a sale of shares.
It's a sale of equity. Could be shares, debt relief trade, cash sale, whatever. It only says it's a sale of assets. I know a lot more about Humphries than you might imagine and i'm pretty well versed at readin between the lines. I've done the same here at ECMH. They had guys as bad or worse than Humphries. It's you who needs to do more DD and read between the lines in my opinion. If you really do respect those that come in and clean up the dirt you'd never have posted what you have about ECMH. Hlnt is not even in the same clean up universe as these guys. you got locked into your nonsense posts because of me. i post with an objective always. I've been paid a lot over the years to be a fact finder and you might say an information provider. Even did some a that in the lovely state of Arkansas.
Post my lies if ya want to talk about my claims.
If ya can't do that i don't care what ya post or think. Right now you're just "white noise" ta me. Background static that says or means nothin.
pdidgood is Tor's handle on Yahoo.
I've been kicked off Yahoo when I posted about a scam named Chinatel. CHTL. Everythin I posted was fact and has come true. The pps went from $1.84 when I put out the message to .17 today. that's another long story there but I had some bones to pick with some lawyers that were involved. They had messed in areas they shouldn't have messed in. Tor took over on Yahoo when I got booted. He picked his handle and it means PD did good. Email him if ya want to talk to em. Maybe he'll answer.
The in house and independent test results have been published by the company. Now the engine is in a certified EPA/CARB test lab and those confirmation results are expected in mid Nov. as stated in the company PR I posted for you. Once confirmed by them, the emissions numbers become set in stone is most peoples minds. Remember that the guys in charge now are the same that went to california and removed the same engine from the same test lab cause they knew it would fail. They did their fuel inj, ECU, air/fuel control thing and just sent it back. They didn't do so without knowin it would pass. At least 99% sure cause there are variables to consider. Really only one. I've also posted the Xboard video. Our latest posters like to post that the Xboard is a toy and not very interestin. all who view the video can see the nonsense of those posts and their ulterior motive. It's all about my hho posts. The Xboard you see in the video is powered by the 407cc engine now in testin. This testi is what has held the Xboard up. ECMH also owns a Data Center in the S.F. Bay Area. The new management also totally cleaned up that company and brought in all new people. As you can see from posts here that also PO'd some folks that got let go. Today's ECMH dudes have been in cleanup mode for over 3 years doin the abouve stated tasks. Read the engine, Xboard and Quadrant Data Center PR's and you'll see what's up with them.
I did post that and I do think the company (Highline) has a flawed business model that ensures failure. I suggested ways to go and drove guys like you nuts. You will be late to the party but will eventually get what I'm sayin. That's just how it is with me. I've been down this road many times. In fact I went down it in the 90's with hho. 15 years later people act like the technology and apps are brand new. Neither are. You can be sure of a couple of things. I don't lie and when it comes to opinion mine is based on knowledge and experience. I stand behind both and don't care where you post them. I do find your concern and tactics tellin. In my world technology speaks for itself but needs to be explained when not main stream. That's what i do and that's where I invest. Eventually the public cathes up with emerging technologies.
I've always said you're entitled to your own opinion.
So am I. The technology here is very real. Very advanced and applicable to any product that uses a combustion engine. The impact possibilities of what ECMH has is massive. I also have many years behind me in the hho science. So does ECMH. Probably not as much but the Webber interview shows his interest and knowledge on the fuel. They've done nothing with it yet as far as I know. The last PR was the first time I've see ECMH public mention of it. I was very happy to see it. i am not Tor Mang. Tor is an associate of mine, a friend. Mang is his family name on his mothers side. Just call me PD.
Here ya go okieboy
Encompass Holdings, Inc. (Pink Sheets:ECMH), www.encompassholdings.com, confirmed today that Olson Ecologic Laboratories has received and will begin the preliminary testing of the 407cc rotary engine developed by the Encompass majority owned subsidiary Rotary Engine Technologies, Inc., (RETI) for California Air Resources Board (CARB) and Environmental Protection Agency (EPA) emissions standard certification.
Scott Webber, Encompass CEO, was personally on hand at Olson's Lab in Fullerton, California for examination of our test engine. He reports that the engine was received in good condition and was immediately being prepared for preliminary testing to confirm our in-house emissions analysis prior to filing the official CARB test protocol application.
Webber stated, "I met with Don Olson, owner of Olson Labs, and two of his test engineers assigned to the project. They suggested it would be in our best interest to include an Olson Lab confirmation of our emissions analysis with our application. This preliminary testing will take 3 to 4 weeks to confirm our test results at which time documentation will be prepared and submitted to CARB. Since CARB has a much more stringent emissions standard, EPA will generally accept CARB certification as a qualifier for its own certification process. "
Webber continued, "It is Olson's opinion that once the 407cc rotary engine is certified, any future use of alternative fuels such as natural gas, methane, propane, or hydrogen gas fuel combinations such as HHO/diesel, HHO/gasoline, or any other combinations that do not increase the engine's emissions can be routinely submitted and approved without extensive additional testing."
Larry Cooper, RETI CTO, stated, "I am very pleased at the enthusiasm our rotary engine has generated with Don Olson and Olson Ecologic Labs. Their eager approach to our project improves our timing estimates by eliminating scheduling delays. Getting our first rotary engine emissions certified will be a major milestone in our engine development plans including our 512 hp natural gas rotary engine currently in production-ready status. Scott and I are looking forward to working with Jerry Cole, our CARB/EPA procedures consultant to expedite the certification process. Mr. Cole is also a multi-fuel expert particularly knowledgeable in hydrogen fuels."
Forward-looking statements in this news release are made under the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by the forward-looking statements, including the impact of changed economic or business conditions, competition, the success of existing and new product releases and other risk factors inherent in product development and other factors discussed from time to time in reports filed by the company with the Securities and Exchange Commission.
I posted that today on another board.
Seems it po'd this dude and he's here because of my posts and opinion of another company. Several like him are takin the same approach and know nothin about ECMH. Only that they can't dispute my logic so they do just what they claim they hate. BASH. Gives you all a great look into the mind of a spin doctor mentality without any substance to back their claims. give me the platform to post facts and logic. End of day I'm happy and they're still hacked off.
"the hho unit that'll make their engine better?!"
Glad ya brought this up giveit2me. Anyone can look up the rotary engine advantages. It's all over the net. ECMH addressed the disadvantages that were holdin the rotary engines back. I did the same study long ago. the problem has been seals and a moving combustion chamber that tended to leave unburned fuel in the form of emissions and carbon. since it was not burned complete, fuel consumpyion was also high. ECMH addressed the seal issue with a ceramic material blend. an ultra hard materal that wears much better than metals. That material didn't exist when i was doin my DD for others. It was my opinion that a better fuel burn (more complete) would do wonders for the engine life (carbon build up) and emissions and fuel consumption. It was very clear that a small amount of hydrogen gas introduced through the air intake would do the trick. Problem was that in those days no one wanted to touch hydrogen. Now things are much different. ECMH has invented and has a patent on a air/fuel control (management) system that reduces emissions to less than any of us thought possible. They've published those results and in 2 weeks or so will have EPA certified lab results to confirm that. That's a huge deal. They have found a way to get the moving, large rotary combustion chamber to produce efficient results never achieved before. Results are low emissions and low fuel consumption. The rotary disadvantages are now history and the advantages are many and legendary in engine circles. That brings me to hho injection which I've always felt was the way to go. A small amount of hho injected with the present air/fuel will produce spectacular results. ECMH just PR'd that their engine in testin will be certified for hho injection as long as emission results don't get worse than without hho numbers. It's a given that they will get better. This is the engine that I've suggested as the ultimate hho scientific results presentation. You in your attempt to discredit the company have latched onto this "can't afford an $1800.00 hho unit" nonsense. Fact is ECMH can make an hho unit for $100.00 if they want. Better yet is that present hho unit manufacturers will line up to provided their unit in a scientific video proving the positive results. The PR for the hho manufacturer would be massive when they are mentioned in a video like that. I think/hope that ECMH will head in this direction. As you say, it will improve results and the attention it would generate would be massive.
Ck out these engines for hho.
http://www.aquaxtremes.com/
The rotaries I mentioned are in these slides. See about tweny a the 30hp engines on a fold out table. Bout the size of a basketball. The perfect engine for hho. This is the engine ECMH has in EPA test labs. The one that meets California emissions standards with no cat. converter. Gonna be fun ta wath the company when these get approved. Latest company PR talks about certifing these babies with hydrogen gas (hho) hybrid fuels.
ck out this video josey.
You mean the call designed to hold the pps while friends and familty dump the free shares they were issued? Watch it happen everyday while Alvarez blows smoke up some brain dead mic holders azz.
Yes and yes.
NIR is a Hedge fund. I've posted on their tactics many times. ECMH is a very serious technology company with results no one else has ever accomplished. NIR debt will continue to be paid by ECMH and huge news is about to dawn on the public. do i need to write a paper for ya on the process or do ya actually understand the dynamics at work here?
Then how would ya dump bright guy.
NIR will continue to dumb. That's what they do. I've posted on them many times too. some fool thinks I'm associated with ECMH, NIR and the ex HLNT CEO named Humphries. I love those posts as everything I've warned against happens. The smart ones are readin and thinkin. that's all i care about. You're just a chalkboard for me and ya fill your role to perfection.
Should I wait another week and then post what went wrong here?
I posted it before the pain and no one listened. Now ya have ta live it. This business model has been tried and failed many times. It's like clock work.
I was interested in makin money on two stocks. They could help each other, ECMH isn't gonna make hho units. At least I don't believe they will. My thought was to help both companies get proper exposure. One with engines and one with an hho unit. Is it that hard for ya ta grasp? I've posted it enough times.
Circulation problems, pops?
Don't think blood is gettin to the brain. Someone has to be the last to get it. You're holdin on to a nice lead in that race.
Not what I was told Sparks but if that fits your model, run with it. I could care less. I emailed and already posted what was actually said and discussed.
It's electrolysis dude. What are ya missin?
There is nothin magic about it. It's all engine management and tuning. Also producin the most hho ya can. Any unit can do it if the plate orientation is maximized. It's all all about demoin the products and scientific results. Don't ya get it?
Ya have that backwards dude.
Out of order.
Yep, quite a bit.
Doesn't apply here. Spent some time in arkansas too. Don't talk details on that either.
The relationship was with an entity lookin into Deere rotary technology. at least 8 years before ECMH existed. I believe the rotary technology came to ECMH in 2006. Different CEO then and I had the same interest and questions relationship with him. The dudes here know that. Your spin attempt is makin ya look foolish. Ya probably otta smarten up. Looks like your favorite hho company is gonna need help bad. Look back at my initial posts and see who saw that first and suggested the best route. Burin a bride that is key to your own properity is pretty weird if ya ask me. I don't really care what ya post or think just as long as ya post.
No JSW it doesn't.
Selling equity does though. Ya made the mistake a thinkin those numbers were related ta hho unit sales. Ya new to this?
Explain the debt?
Ok. They have debt, are paying it and will likely need more funding. The engine market is huge. Massive and a smaller, more powerful, less parts engine that has low emissions will grab a big market share. 4-5 million debt repayment is peanuts in this game. Their 407cc engine is a one rotor engine. Add another rotor and double the hp. Engine gets about 4 inches longer and adds like 15 lbs. maybe less. There aint gonna be no RS either. Did one in June. Ya might wanna drop that angle. Aint gonna fly.
The exit race is on fellas.
Is it startin ta dawn on ya yet? Sure it is. Volume is in the tank. The pump maxed out and attention span of traders with it. Sure ya all wanted her ta go to .03 and to drag in the usual bagholder late arrivals. That's life. We all know that. Bout now is when the company has ta stand on the technology. The pump got old. Technology isn't the best here so ya better factor that in ASAP. This week will be the HLNT Swan Song for many of the smarter traders. See ya. Hope ya made a couple a bucks. Lunch money.
Try 40million if ya wanna be close.
Nice try but way too obvious , again. Makes ya look dumb or like ya have other motives. I'd say both apply here.
"sewing machine size engine" is the key dude.
Power/weight ratio. That translates to power to rate ratio which in simple terms is the size compared to the weight. That's the rotary advantage. Equal hp from a smaller, lighter engine. That's why many have tried to do what ECMH has done. All manufacturers of products that use a combustion engine would like a smaller engine that produces equal power to it's piston counterpart. Add in the fact that a rotary has no vales and all the push rods, springs, rocker arms, rods, camshaft etc to wear out and you'll start to see the picture here. Without those parts that are attacked by gaseous fuels you'll also start to see how the rotary is better suited to run on hho, methane, nat gas and on and on. at least most informed readers will get it. It may be a bit over your head.
REI didn't exist when I was paid dude.
John Deere did though. I posted on that many ntimes. Ya gotta keep readin ta catch up.
No they don't.
They aren't stupid or live in fantasy land. It's a 407cc engine dude. Once it passes the technology they developed that enables it ta pass will be of great interest to many. Fo will their bigger engines. Bwahaha that for awhile and get back to me.
Ya think so dude?
Kind of a balancin the till kinda thing? Balance sheet? I got ya. I musta just been mixed up.
The mind of a Tree Toad, funny.
Did ya think that CARB cerification only allows em to sell in California, Toad? That's cute. No the reality is that if ya pass CARB every country in the world oks ya for sales. Welcome to the real world, bud.
I don't think ECMH's target investors are Day Traders.
Just a guess but I don't think that group interests theses dudes. You on the other hand might think that's a sound business direction.
Hey dude.
It also looks like they're gonna apply for hho/gasoline and hho/ diesel after gasoline approval. Did ya see that in the PR? Looks like their CEO went over that approval with the engine testin people. I'd imagine that has some a the low tech hho unit producers in a panic. Do ya know any companies tryin ta promo a simple ebay type hho electrolysis unit? I do. Severa;l went out of business and another is headin there fast. Now ECMH a true engine manufacturer and engine technology development company is gonna get their engine approved to run on hho gas. No wonder these folks are in a panic. It's like the Yankees playing against Little league teams. Who's gonna win?
Try ta be less obvious dude.
I'm thinkin a whole bunch a folks are gonna care where the rotary engine passes Cal. emissions for the first time ever without a cat. converter. Huge news. Ya know that engine market is pretty big pal. Smaller, more hp, less parts, superior movement. Ya I got ya "no one will care"
No big deal here yet boys, there's still time.
3 weeks and the engine test lab should have the emissions results. When those meet Cal. Emissions Standards it's ON. ECMH will have done what no engine company has ever done. Meet CARB Emissions without usin a catalytic converter. You dudes can huff and puff all ya want between now and then. Once completed you'll wanna be else where. In the mean time up 50% is OK but nothin like you're gonna see.
73 trades all sells today. Are ya gettin it folks?
I thought Tobin said his group an Issac were buyin all they could get? That almost seems like a lie.
Let's walk through those financials.
I see big ???? Marks. Make that HUGE question marks.
1. Revenue from what? Sale of assets?
2. The assets sold.
5.7 million bucks? What the hell was sold for 5.7m? I'm
gonna guess it's equity. Equity sold to who?
3. Sale of SSEV for 286k? HUH?
4. 6 Convertable Notes total 6 million bucks?
Who's the note holder? What terms? Convt. Notes aer usually
paid with shares. I thought the company stated the notes were
taken care of? What's that mean? They also said there would be
no share dilution/ Ever?
5. The notes are still on the books. Assets have been sold. Like
6 million bucks worth of assets. Who are the other equity
holders in the companies? I've read that 30% is in the hands
of others. WHO?
6. 14k in checking? Runnin lean?
These financials don't answer questions, they raise questions. Humphries? Gone? Just walked away? Who's buyin that claim? Not me.
Can't wait to see audited annuals. Next July? Nice timin boys. I've seen it all before. Only one poster today had the pic right. He said who cares about the financials or if they even have a product. Play the PUMP. Finally a poster with some sense.
Look at those S-8's and Form 4's now folks.
About a 100k in dollars bein dumped daily. while they try ta hold up the pps with a couple a buys. Called keepin the Golden Goose alive as long as possible. Do ya think Alvarez, Jennings znd Tobin knew?