I don't understand your post. I said they should raise money. I just hope they don't have to sell a lot of common shares at .01. If they can wait till the price of the stock is higher, it means selling less shares. Not sure if you are saying I am posting negative. I have over 1,000,000 shares now and have been buying all the way from .04 to .02. How about you?

Interesting that no new symbol yet. EEDG may become the symbol for the new energy company.

I think no. I think we keep what we have in DFW and then get a proportionate share of new company. What ever proportionate means.

I also wonder when the effective date of the dividend will be.

Yes to #1 or #2 ?

Tush...Does that mean that you were invested when it was only an Energy Company?

I am not sure what this means.

The spinoff will be treated as a stock dividend for EEDG shareholders, who will maintain their full interest in EEDG while receiving their same proportionate interest in the new trading company.

Could mean that if you own 1% of the shares of DFW, you would get 1% of energy company OR could be if you own 1000 shares of DFW you get 1000 shares of energy company.

I know that issuing the common is fastest and easiest way to raise the capital we need, but we have a great share structure right now. Comparable to many companies on the nasdag and American stock exchanges and NOTHING like most penny stocks. I just don't want to see us with a tremendous number of shares in the float.

Now I know why JB did not the question I emailed to him about our obligation to the energy company. This is good news.

I agree. It would be nice though to get the price up so that dilution is a lot less then when they are sold at 1 cent.

Share Structure


Shares Outstanding 96,627,872 a/o Nov 13, 2012

Authorized Shares 100,000,000 a/o Mar 31, 2011
Par Value 0.01

Authorized shares were increased to 250,000,000 in Sept of last year. Not sure yet if outstanding shares increased at that time.

JB said:

1. Capital Structure---Balanced mix of long term debt, specific short-term debt, common equity and preferred equity. In short, we have developed a comprehensive plan to finance our overall operations and growth by using different sources of funds that will minimize dilution without becoming over-leveraged.

I'm saying I hope it's not all common. He has connections remember. We were all excited about them.

The fact that they are restricted does not mean that they are not diluting. Sooner or later they become float and trade able.

We knew he was going to have to raise funds because he said so in the letter but did he say he was going to dilute by selling common as they just did? That's the question.

And JB said to load up here because we are going straight up on Monday. :)

innovationrich... Still want to hear what JB had to say to you.

Some entity dumping. Could get ugly.

I expected a lot of selling but expected it in .04 area.

Rain...are you saying that you think all the selling that was done in .04 and .05 area right before the CC was done intentionally. It's fairly obvious that someone was selling to hold the price down. and if so by WHO?

I'm stingy though Clak. I bought at .025 today. .01 sounds better to me even though they are restricted

Hey Clak....I wish JB would have offered the shares to us at a penny.

Great volume and a long tail on the hammer. Gap at .04 that has got to be filled. Tommorow is OK.

You have a good nose. Smell 4's please.

I'll tell you Celts...is has been painful watching it go down this low.

You must be wrong Tush. On one on this wants the PPS to go down. :)

We do have the stupidist traders here. Last buy at the ask and then someone puts a lower ask in. Just keep moving your ask up if you have to sell. DUH

Cero... I'll breath much easier when we are in the high 3's and 4's. Then I'll be even.

Bidders below .025 not getting hit. If you want EEDG in the 2's you should be hitting the ask now before their all gone and we are in the 3's. JMO

I don't see down gaps but I do see and up gap arounf .04.

may be wrong but I don't think we have traded in an hour.

I think we are going to see the 1's. A lot of pain for most of us, if not all of us. Hopefully short term.

If you don't believe JB is right about the product, then you should definitely not be here.

The problem as I now see it is that JB could have put out many PR's but opted to put out a letter with everything that is happening at once in the letter.

Example.

"To that end, I have begun to utilize recent career connections I’ve made with some of the largest financial institutions in the world to assist in securing a synergistic acquisition we have recently targeted. Purchasing a well-established, profitable restaurant chain that is 90 percent franchised will yield immediate cash flow with enormous revenue growth, and will also enable us to increase our margins and spread our G&A, marketing and distribution costs across a large number of restaurants for the good of both concepts. The targeted concept also provides attractive growth opportunities, durable competitive advantages, and, of course, many new branded outlets for our Dry Fried Wings. Any acquisition we choose to pursue will be done to further enhance and greatly accelerate our long-range revenue and growth goals."

Now I don't know about others on this board, but that was a real turn on to my imagination as to what was happening behind the scenes. We think... Who is he negotiating with and what financial institutions. Then in the CC we get no follow up worth mentioning.

There are many points that were made in the letter that could have been put outin ongoing PR's like he did with the Chef PR.

So now we are told no PR's for awhile even though that's what we think is needed .

You have to love the conviction behind the buying. 100 shares at a time.

Cruiser...Not a scam. Takes time to move a company forward and we were just hoping JB was just a little further ahead with the plans than his letter said. Going to be worth wating for though when it starts moving.

I feel your pain Smitt. JB did what he said he would do. We just expected more. As I said right after the CC, we would have been better off without the CC because we expected him to add to the PR and all he did was rehash it. That's JMO

I was hoping their would be a replay of the CC by now. Can't find one.

We would have been better off without the CC. Letter left more to my imagination.

ending soon. very dissapointing.

All BSnothing new. Goldman Sachs nothing.