Trying to find turnarounds and add value through DD in these challenging markets.
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You're not alone, I have been in this since April at .032 and lost as much as you have. We all need to be a bit patient and give them the time they need to realize the fruition of the opportunities in front of them. Each of the opportunities in front of them takes time, effort and manpower to realize; they don't happen on their own, especially when you are dealing with international customers but they are the right priorities because they will increase the likelihood of having future positive cash flows.
There are a lot of other issues they have to deal with in building a business (i.e. bottling/facility issues, employees, HR in general, building a salesforce and prospecting, regulatory, financing, merging ESI and dealing with the lawyers, etc.). I personally am going to be patient and keep on accumulating because of the DD that I and others have completed. I have waited this long, I can wait a bit longer in order to have a good year-end.
I don't find much fault in his response to your website question. It's a pretty basic site that will evolve with time. You have to remember that they have many competing demands on their time and resources in the first couple of years as they build a business. I certainly appreciate that they are committing their resources at the right proportion to the right priorities (i.e. GC and other competing opportunities).
The stock churning at this level is creating a healthy base for future pps increases.
GLTA!
Are we expecting the N1-143 to be completed in September?
I hope your predictions come true. Do you have any calculations to support .08-.10?
It sure would be nice. Here is a post from June that I always go back to on another board that for the most part seems to still reflect current expectations but is a bit too accurate for just anyone to predict???
Expect a nice pop when that merger is announced my conversations with Jared are that the transactions will be non-dilutive(pref stk) but would not be surprised if those folks bought a ton of stock the last few weeks. Could be closer to the end of the PR cycle to give it that one last push higher. Will get a pretty nice retail partner announcement throw in there. This one should see the pennies again by the end of this month. The retail deal probably will provide a big jump that most will miss and the stock could make a run at penny level that day. Expect news on wipeout pen. Scrap partner. Revenue projections will be raised very soon. Again, lot happening quickly, could it hit old highs of 3 cents plus- yes - on ESI news but expecting 2-3 cents area more likely as there will be tons of profit takers at that point. Will be ready to run again in the fall-winter as 2009 orders start to come in. No way they will do less than 30 million in 2009- My estimate is 40 to 50 million(20 mil in manure prod, 15 mill in retail, 5 to 15 million in scrap) Could go higher if medical product introduced in early 2009 then add another 5 to 15 million- Stock will be worth 10 cents plus in 2009 even with any further dilution in later months. JMO of course.
Hi Rain, do you currently own FRTL?
Hi Ken, just wondering what do you think of EESO? Thanks!
Yes the chartists should start to take notice. I think I am going to try to spread the word(not pumping) if everyone here is for the most part done buying???
I think it was just a lucky buy near the close, it was mostly 7's all day. I had orders in for 6 all day and I only had 618K filled in 2 small orders; 6 is like pulling teeth. So I upped my orders to 7 and grabbed another 2.2M with ease.
I like the low volume and steadiness for this base we seem to be establishing here.
GLTA!
I think we need to break at least 100-150 million in vol before it starts warming up. Look at the vol in March right before the run up to .03, also we have a much larger float to move now.
Looks like we're also on Panetta's team radar
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31307519
Friday after the bell would also be good to let the excitement build over the w/e so that we can have an amazing next week.
Picked up 500K at 6 and 558K at 7 today. 5 is out of the question and 6's were hard to get all day. I am impressed with this steady solid pps base we're developing on lighter volume.
GLTA!
I did, still have my order at 5 for now. We'll see.
Monthly share volume report, can't wait to see July's, nite and ubss will be top 2 of course
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=eeso&SortBy=volume&Month=6-1-2008
Short interest is coming down because EESO is likely experiencing a homing pigeon pattern now:
http://www.investopedia.com/terms/b/bullishhomingpigeon.asp
Short interest is coming down from peak in June
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=eeso
go to short interest tab
Agreed, under-valued per last interim F/S.
I believe towards the end of August or first half of September. There are a lot of eyes on EESO now.
I am shooting for 2% of the o/s
Be patient
I have buy orders in for 4, I hope we can get it before we start back up
Looks good, but what I also like is:
short interest dropped 99.4% on 6/30 to 200
short interest was 33,500 on 6/13
Have you guys seen the info and pics at this link? I didn't notice it in the ibox.
http://nemegosenda.sarissaresources.com/
Right behind you buddy! :)
Probably a stupid question, but when are Phase 1 results due to come out again?
I got filled at 5 for 2.294M. GLTA!
Nice house!! We share similar dreams. But my advice to you is take profits on most of your position during the next run to penny land and keep a small amount of shares in case your dreams come true.
GLTA!!
Me too, accumulating for the next run!
Good e-mail and thanks for the post!
If you're a new company and might need money in the future for new projects why would you shoot yourself in the foot and PR no more dilution. This is a new company, give it time and patience. At least they are not staying idle and they are actually working hard to capitalize on the opportunities presented to them. I would like to see them use future revenues to buy back stock or at least finance operations.
Yes the PPS has sufffered short-term but it's better than having CD's that cause an eventual long-term death spiral or looming debt. Patience for long-term gains is a good idea if you're in for the long haul.
I would rather see them use the money to finance operations than pay for an SEC filing, besides they are on the pinksheets and I don't usually see these type of filing from such a new company.
Can of worms??? please elaborate!
Yes but need user and pass to log in.
Good work pilot. Jared does not have controlling interest alone unless you add his holdings to brent's, tim's and edwin's shares and then you have 53% for the group of 4. I think all of this insider buying is coming from these four and part of the 47% other s/h's.
You do have related party transactions that should be disclosed if EESO is buying stock from ESI.
Brian was referring to a strengthened B/S, maybe a possible merge with ESI (which seems to be financially clean) and/or the shares being issued were used to buy out the other s/h's in ESI? That would be nice.
Thanks pilot!!
Where is Kermit? eom
Hi Van,
Just wondering what your short- and long-term takes on SRSR and EESO are?
Thanks!
J.P.
My .0006 buy order did not fill all afternoon and it's still open.
No, but I am with etrade.
Not my order at least and I wasn't trying to hit the ask, just selected a price I was comfortable buying at. GLTA!
No one, but I would guess there would one in the future.