Trying to find turnarounds and add value through DD in these challenging markets.
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Message below is for the most part BUY!
GLTA!
EESO - ENZYME ENVIRONMENTAL (OTC)
Date Open High Low Last Change Volume % Change
11/03/08 0.0009 0.0012 0.0008 0.0012 +0.0004 51705074 +50.00%
Composite Indicator
Trend Spotter TM Hold
Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy
20-Day Average Volume - 21631014
Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Sell
50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 50% - Buy
50-Day Average Volume - 18154072
Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Sell
Long Term Indicators Average: 33% - Buy
100-Day Average Volume - 21744143
Overall Average: 64% - Buy
Price Support Pivot Point Resistance
0.0012 0.0007 0.0011 0.0015
On balance volume is sky high, ChiOsc has strongly turned around and AccumDist is uptrending strongly, Williams is above -20. All of these chart indicators are bullish. Looking good!
GLTA!
Let's hope we break through the .0012 resistance
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33299625
This is interesting, let's hope CINTAS likes EESO's products and I don't see any reason why they shouldn't because they have good products that work.
Thanks for sharing the information with us like you have for Miss Judy and Bienville before. I would prefer that instead of posting YouTube videos for Cintas we could have something more meaningful like an LOI or standing offer as sole supplier. The revenue potential from such a sizable customer is amazing as long as EESO can serve such a customer with diligence and timeliness.
GLTA!
Congrats Scott on becoming our new moderator, I noticed that just now. Cool move guy!
Lou, Dave and Derek, I am sure you guys will support him well and congrats to all of you as well.
Change is good and I am sure you will all do a great job.
GLTA!
Great week here, just catching up now. We got the 3 PR's they said they would put out, my favourite was the first one to distance Kistler from this stock. The other two were good also to show their desire to expand globally and capitalize on the so many opportunities available with their products.
The green volume we had on Wednesday is what I was looking for because it happens for a reason. I am stating the obvious but this green volume is important because it indicates that someone wants to own a sizable amount of EESO. At the same time, this green volume starts the first run up to take us through the first stage of a double bottom and thus weeds out daytraders and gets us ready for the next run. Green volume most of the time preceeds nice price action. Keep your eyes on the volume.
Looking book at the March volume before the April run up, Wednesday's volume was pretty close which means someone bought this up with similar expectations. We need another day like Wednesday next week.
GLTA!!
Hi KB,
Please excuse my delay in responding to your request as I have been ill since the CC (seems to happen to me after every CC) and I have been very busy at work with my client's third quarter. I am about to leave work right now but I wanted to briefly respond to you and the board.
Similar to what has been posted, on the CC we were able to get the sentiment of those who dialed in on the current status of the stock and flush out ideas for next steps. Basically, how we would go about getting answers as to the status of all of the product developments they have communicated to us thus far and how they are managing the company's operations.
Today's PR is encouraging but there is still a lot more to be answered. Hopefully they have taken a turn to communicate better with us and step up to their fiduciary duty to us. If this is true, our next steps will not be required and maybe they will have a happy shareholders base that will provide good returns for them and the PPS in the future.
Let me know if you or anyone else requires more CC details.
Once again please excuse my delay in responding.
GLTA!!!
J.P.
Thank you to everyone who took the time to dial in yesterday and provide us with your input. We will be formulating next steps and we will keep you updated accordingly.
Have a good weekend!
Congratulations!! All the best wishes for health and happiness to you and your new family.
Conference call reminder today at 5:30pm EST
Conference Dial-in Number: (218) 339-4300
Participant Access Code: 497932#
We would appreciate whoever can dial in to do so today. Thanks!
Agreed, these e-mail's seem peculiar.
Thanks for posting this Lou! All serious shareholders are welcome to dial in this Saturday.
I won't be able to post that much this week as I am busy with my client's Q3.
Have a great week everyone!
J.P.
You hit the nail on the head Lou. What did they do with all of this money? Where is the money now?
We have been quiet but we have not disappeared. We were giving them one last chance but our patience is gone and it is time for us to regroup in search of the truth and make them accountable for every $ they spent (i.e. audited statement of cash flows).
You ask some good questions in your previous posts, we will search for these answers and we will not give up until we get them for the sake of all of our losses here and their duty to their shareholders. If they don't understand this duty, I guess we will be giving them a lesson.
They will be grossly mistaken if they underestimate our efforts.
Serious regards,
J.P.
It also gets the chart to go through the second phase of the double bottom. Double bottoms are common before a chart breaks higher ground, I hope this is what we saw today. How long this second phase will be can not be easily predicted.
The remainder of the o/s increase hitting the market is what probably caused today's decrease.
GLTA!
The .0005 close has another significance in that we are closing above the 50 day moving average. I think this is a good signal to chartists. I would like to see more volume though.
It looks like someone wants this chart to shape up.
GLTA!
I don't think this will change much for September in terms of NITE having the highest volume. Maybe we will get September's update on Wednesday.
GLTA!
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&SortBy=volume&Issue=eeso&Month=8-1-2008
I like how we are seeing more bullish and very bullish chart indicators, further reflecting the new dynamic the EESO chart is taking on.
GLTA!
http://www.stockta.com/cgi-bin/analysis.pl?symb=EESO&num1=3&cobrand=&mode=stock
If you look at the short-term indicators that are less than 20 days, it shows you how the chart is starting to recover. Let's hope it continues!
GLTA!
EESO - ENZYME ENVIRONMENTAL (OTC)
Date Open High Low Last Change Volume % Change
09/26/08 0.0004 0.0005 0.0004 0.0005 +0.0001 19020000 +25.00%
Composite Indicator
Trend Spotter TM Hold
Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Sell
20 Day Bollinger Bands Hold
Short Term Indicators Average: 40% - Buy
20-Day Average Volume - 14658785
Medium Term Indicators
40 Day Commodity Channel Index Hold
50 Day Moving Average vs Price Hold
20 - 100 Day MACD Oscillator Sell
50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: - Hold
50-Day Average Volume - 15805782
Long Term Indicators
60 Day Commodity Channel Index Hold
100 Day Moving Average vs Price Sell
50 - 100 Day MACD Oscillator Sell
Long Term Indicators Average: 67% - Sell
100-Day Average Volume - 23856156
Overall Average: - Hold
Price Support Pivot Point Resistance
0.0005 0.0004 0.0005 0.0006
Although the short interest increased by 505,000 on 9/15 when it was trading at the 3's, I don't think it's anything to be worried about just yet because we were at a much lower pps than on 7/15 when we were at a similar short interest level.
See Short Interest Tab
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=eeso
We asked all of those questions and they said they are working hard on a lot of things and they wish they could share the details with us but they can't until they are able to PR it. They could not comment on ESI either.
At this point, it's a wait and see game. October is usually a high $ volume month for OTC stocks. Let's hope they are taking a turn to change for the better and realize the true value of EESO and its great products.
I am impressed at how the pps has held up this week even with the o/s increase. We have had a number of closes at .0005; it looks like it's time for the next step in the ladder climb. It would be nice to see .0006 on Monday. If we get good Q3 financials this week, that would help the cause to get the required volume back into this stock.
GLTA!
Marked. I don't see any fault in your post. The more I read, the more I research about SRSR and compare it to all of the other companies out there, the more I realize how valuable and safe SRSR is.
I am re-starting my accumulation without hesitation.
GLTA!!
We're here pilot. I personally have just been caught up with work, studying and my personal life. I was sick last week with strep throat; yes, EESO may have worn me down a bit.
Nice close today and I have never so many secondary indicators up at such strong levels. WOW!! The Williams indicator is looking nice. I think the chart is primed and ready to go. All we need is 100M+ volume at this point. It would have been nice to see a few more .0004 close days to create solid support at that level as the chart is starting to form a step ladder climb. But the 5's are nice to see also as the quarter end comes upon us. The stars are lining up more than ever.
I think this is an important period for the company to seize the opportunities to change the tide and prove that the wind of change is here through verifiable sizable sales in PR's. They need to exhibit a renewed genuine effort showing that they want to make the sales and not that they just can. It would be a good idea to concretely demonstrate that their intentions are genuine to grow the sales and bottom line with their great products. All of this would bring demand volume back to the stock. It's that simple and I think they can do it. I am staying positive that they will and we will all be rewarded.
GLTA!!
No, there was a bid and I did it in July. Quite the fact you have there but if there is a dump you can some times luck out and get a few "crumbs" if you are patient with your buy order. I hope you're right though!
I am afraid I do not agree with you as I have done it before.
Has anyone been able to buy at 1's in the past few days?
What is the ChiOsc looking like?
My thoughts on the PPS is I think we will go down a bit more before we see a bottom. I am noticing a pattern and I have seen it in other stocks. I thought we bottomed at .0006/.0007, but now that we have come this far down I don't see why it wouldn't go down further. I hope I am wrong.
I believe in the old adage that it must come down before it goes up; in this case, further down. I think they are holding back on good news and using fear (i.e. a/s increase, drawing on the new billion and avoiding good chatter) to bring the pps down before they let it go up. It's simply greed that they want as much shares as they can get now because they know the potential and they want to shake out the weak hands for a smooth run. If it's come down this far, why not bring it down further and load up on it at the 1's and 2's. If you think about it, $7K will get you 70M at the 1's. I think you will see a lot of money currently on the sidelines come in at the 1's.
I have always said that 100M+ volume might be a sign of a run or a turnaround. If you look at our PPS' history, they have used an a/s or o/s increase or an actual dump to keep on pushing it down every time it survived (i.e. got stuck) at a certain level. The volume dries up and they let it churn at that level for while. Then if it doesn't drift down on its own, they do the same thing again to keep on knocking it down lower. By not releasing PR's they ensure that that there is no demand volume to pull it back up as they knock it down lower and lower. The shares get bought up every time, look at the ChiOsc and CMF indicators for the past month; I see accumulation.
Just my .02! I hope I am wrong. GLTA!
Usually companies put important assets in a #'d Ontario corporation on its own to take advantage of corporate tax deductions and more importantly to protect the asset legally both externally or internally.
I liked these two disclosures that .02 is their exercise price which motivates them to increase the PPS:
On June 10, 2008, the board authorized the implementation of an incentive stock option
plan for key management and consultants. Under this plan, the Company issued oneyear
stock options in August at an exercise price of $0.02 in the amount of 52,700,000
common shares.
On June 11, 2008, the board authorized the issuance of 6,250,000 shares in 2 private
placement transactions at a price of $0.02 per share. Funds were received June 15 and
June 16.
Just logging in now, yikes quite the volume with a 3 close. What's going on here?
You're welcome, it's the least I could do for all of our investments and fellow ihuber's in EESO. If we don't take action, stick together, take hold of our investments and focus on our goals, no body will do it for us.
I just wanted to thank you very much Lou for your rock solid support to date and being there for our group to share and express your sensible thoughts and well thought out ideas in a calm and well articulated manner while being helpful and open minded to our ideas. You're a great guy to have on the team! It was comforting for me to know that you and others were there with us on the call.
Thank you Lou!
Enclosed are my current thoughts on the call, I will post more as I think of more. Once again, please excuse me for not posting earlier as it was one heck of a week organizing everything. I have tried to avoid duplicating what has already been posted by the other shareholders on the call. This call would have not been possible without their support; I wanted to thank them again for all of their support and time.
If you have any questions, please don’t hesitate to ask me and I will gladly answer. To all the bashers out there, please do not misconstrue my posts below. I have tried to clarify what is my personal opinion and what is not. Jared, I know you will be reading this, I hope you truly consider the needs of your shareholders and seriously respect your accountability to us.
We started the call off at 11:30am EST on Thursday by introducing ourselves to Jared, Brian and Bill. The call lasted a bit more than 1.5 hours and they were willing to hear any questions we had. To this end, we thank them for their time and cooperation to set up the call on short notice. We tried to remain calm and respectful because I have learned that you will not good results through negativity or animosity. Plus we are all humans living on this one planet, so I try to respect everyone the best I can regardless of points of interest.
We explained to them the losses that each of our portfolios has endured since April. We gave them a background of how we all have unique but human reasons for investing in EESO. We explained to them that we are here to build a positive relationship with them and we would like to help them grow EESO. We explained to them that we requested this call because we are not happy and have serious concerns since we have observed the PPS steadily decrease and the a/s and o/s steadily increase since April.
Below are the six topic areas we covered:
1. Steady decrease in PPS as the authorized and outstanding shares have increased significantly.
2. Use of proceeds from previous issuance of shares and what EESO's future financing plans are.
3. Timing of the potential ESI merger and their role in EESO.
4. Status of the GC2000 and other product lines that have been disclosed in press released to date.
5. Status of pending contracts, shipments and what the revenue proceeds have been and will be used for.
6.Communications with shareholders and updates on the website and the general operations of EESO.
They reassured us that all proceeds from the shares issued have gone back into the company and Jared has invested personal money of his also. They explained that they will not promote their stock price and its levels will be based on fundamentals.
They could not share anything with us about their relationship with ESI and the potential merger or if any contracts had been negotiated.
I found myself explaining how the PPS will increase after Brian indicated that if you don’t have confidence in the stock, you shouldn’t be in it. We explained to them that the PPS is simply a function of supply and demand. They control the supply by issuing more shares and although demand comes from us as investors buying more. Our demand to buy more shares stems from the information we have with regards to what the future CFF and CFE’s will be. This information is based on press releases and their efforts to complete sales and realize revenues on their product sales.
The last line of the last paragraph was what we tried to preach to them on the call. They have very good products that are in demand because of industry and the market place going green (i.e. timing is on their side). We explained to them that we think they should focus on the sales of these products to generate cash flows from revenues in order to avoid issuing more shares. We explained to them that we think this should be there main focus instead of going after big projects like the GC2000. They responded that the enzyme product life cycles take time to realize revenues and that they just can’t go into a Mom and Pop shop. They compared themselves to Clorox and Tide and their efforts to penetrate the market. They explained how they cannot get into Wal Mart just to rent shelf space. We explained that we think they should be focused more on the mid-tier market, their website and build their way up step by step by selling to and serving small and medium sized customers.
We asked about the GC2000 and they indicated that the biochemist is on retainer. We asked what his interest would be to stay on retainer; they indicated that he would get a small percentage of the sales. If he is doing most of the work, why would he give it to EESO to profit from? There is no engineering firm that we can tell of. Doesn’t a prototype need an engineering firm? We questioned him as to why IBEAM would pull out if the GC2000 project when it will be so profitable and they had an LOI with them. Jared indicated that they were willing to pull out as Jared requested to keep the project for EESO.
Based on what I have seen to date and the answers they gave us, my PERSONAL thoughts on this are that they are not trying hard enough to make sales or grow this company. I say this because of the answers we got and the tremendous potential of their products that are not being realized based on the information available to us.
No disrespect intended, you're a great guy to work with.
Thanks for posting this summary ErJ. I will add my comments tomorrow as I am so exhausted and tired at this point.
My apologies to the board for not posting this week, it's just been one heck of week trying to organize the call and making up the hours I missed at work to facilitate the call this week.
We had one good group of shareholders attending this call and their questions and ideas were thorough and well thought out. Thanks to all of them for their unwaivering support and they are a great bunch to work with. I think Jared was impressed with our colloborative efforts.
We need to focus on building a good realtionship with them so we can get them to realize the potential of EESO. If you wouldn't mind leaving this alone and moving on.
Thanks!
J.P.
Can someone send me Jared's e-mail and cell #? Thanks!
Yes, 9PM EST, good point!
They're just playing with the fears of the shareholders to show that 3's are hitting; albeit with very small volume. I have seen this happen before on low volume to instill fear before a significant move of the pps.
Let's do it, I am setting a deadline of 9pm tonight for anyone who wants to be on a conference call with Jared, please PM on this board or e-mail me at eeso.shareholders@gmail.com with your e-mail address so I can send you the dial-in details.
If you guys are interested, we can have a conference call earlier just for us as a group to organize our thoughts.
Agreed and same here, I am waiting it out.