Trying to find turnarounds and add value through DD in these challenging markets.
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13 x 17 here it goes!!
And the volume is definately up there as we approach noon.
Comeing down again: .001 x .0011 and I just got the remaining fill on my .0011 buy
.0012 x .0013
Last price was .001, ask is now .0014 and I only got partially filled at .0011 ....??????
Got a partial (250K) fill at .0011
I am glad I am not alone buying.
No, I am buying in small lots of ~500K. A bit nervous that this will fall further, it takes balls of steel!
.001 X .0011 and my .0011 order is not getting filled
Just got filled at .0014. Put in another order for .0011. The bid is moving up and down a lot.
Like I posted earlier today, I think insiders are filling their accounts with new shares being issued as they couldn't earlier because the PPS didn't come back down as low as they wanted it after the first run, so they reverted to announcing and actually diluting the stock to bring the PPS down.
Step back and don't lose sight of the business and the fundamentals at hand here; be it long-term. I am putting my money where my mouth is and buying more tomorrow to average down. As I stated earlier today, I plan to average down a couple of million shares and sell a big chunk on the next run (hopefully that will happen soon) to make some decent $ and used the proceeds to buy into other stocks. I will keep some shares for the long-run in case that happens but not as much as I orginally planned, at least from what I see now. But there was a high volume of buys today at .0015
This is all my opinion and I could be totally wrong. Do your own DD and good luck!
Here is what I posted earlier today:
Agreed, but could the scenario be that the insiders are buying up these newly issued shares to regain some type of control of the float in the meantime. Then in the future when revenues come in they buy back shares on the open market, don't sell theirs and thus increase the % that they control to help stabilize future PPS rises?
.0015 is possible due to the amount of trades that transacted at this price today.
Thanks, the fact that you will be able to get ahold of him will answer a lot of questions.
Sounds like a good and safer strategy. So you're expecting gold to drop? Once I finish my exam on the 6th, I will be doing more DD on other stocks. In the meantime I am aggressively accumulating a mining play (great people on its board) and keeping my eyes on an oil/gas play. PM me if you'd like to discuss these.
J.P.
If he sticks to his history, he will more or less "have to" issue a PR to explain the additional shares issued and update the O/S to shareholders. It will probably (I hope) be sweetened with good news on another front and spark the next run maybe!?!
Agreed, but could the scenario be that the insiders are buying up these newly issued shares to regain some type of control of the float in the meantime. Then in the future when revenues come in they buy back shares on the open market, don't sell theirs and thus increase the % that they control to help stabilize future PPS rises?
I agree unless they buy back shares later with new revenues.
I respect your approach but at this point I think I am going to average down a couple of million shares and sell a big chunk on the next run (hopefully that will happen soon) to make some decent $ and used the proceeds to buy into other stocks (more DD to do!).
I will keep some shares for the long-run in case that happens but not as much as I orginally planned, at least from what I see now.
Let us know if you're able to communicate with Jared.
Yep, that's what I plan on doing tomorrow. Then maybe sell 1-2 million at .02+ and use the proceeds to buy SRSR.
Did you see GLCC's recent run...wow!!! I wish EESO could do that in just 2 weeks...2,000%+! Nice!
GLTA!
Trops, do you plan on averaging down?
I think they isused more to try to regain control of the float after cashing out at .03. Control will give them the ability to stabilize or cash in on the next leg up as they please.
I think the scenario that to_profit laid out in msg # 34984 is what is going on. Anyone disagree?
I am buying more tomorrow for the next run.
I don't own any GLCC but CONGRATS!!!! to all of you. Everyday I check the quote on this stock I get stunned. 2 weeks ago it was near .005, that's like a 2,000%+ return in such a short period. WOW!!!!!! I wish I had bought some. Once again, congrats!
Looks like your scenario is playing out.
Exactly, they don'w want to show too much! I am long and patient and buying more on Friday.
Good point and I guess that is why most of the video is dedicated to the office space and like 16 seconds on the warehouse, but maybe they don't want too much of the warehouse.
From the video, it seems they devoted more space to the office than to the warehouse. As a shareholder, I would like to see more space for the revenue-generating side of the business and not the administrative side.
It looks like we're starting to see a support form at .035?
RIG, do you have any thoughts on EESO?
I have done the 'decide as I go' strategy and it is risky because emotions get involved as the pps increases. I try to set a base level exit strategy to take profits on a small sales gradually as the pps increase to minimize the risk of my investment. This strategy also allows you to take advantage of dips to cycle sale proceeds to buy additional shares on dips.
Gradually selling in small amounts (1-5%)at pre-determined prices (.1,.2,.3,.4,etc.) as it goes up allows you to safely take out your principal and keep shares for the long-term pps increases run if you so desire.
Just my .02! GLTA!
Finally!! Got filled at .052 and .054. Picked up 94K. GLTA!!
They are not filling my buy order at .05. Any recommendations?
No worries, I understand. I am long here and I am looking to accumulate up until .20 since I am in it for the long run with lots of patience. I will be buying more tomorrow. You guys have a good stock here and I wish I had entered earlier as my cost is not as low as some of yours.
I am Canadian and I was born, raised and educated in Ontario. So this investment hits home also!
GLTA!
Ooops, my bad. I misinterpreted the post, thanks for the correction!
The snow should be melted by now, it usually melts by the end of April. I don't think the site is that far North?
I do and that is why I own shares in it. I believe that we as humans don't appreciate enough the beutiful planet we live on. This planet provides us with so many resources and beautiful landscapes that no other planet I know of can. We as humans need to share the responsibility of taking care of this beautiful planet we live on by helping each other keep things clean. It's about having a conscience and appreciating the beauty we are surrounded by. We only have one planet and we need to take care of it.
Investing in EESO is a socially responsible investment. We all want the company to grow, be profitable and thus be able to help more people clean their operations by making their products available to wider markets and setting the standard for environmental responsibility among companies.
Interesting point on the short squeeze. If that's the case, Jared is smart in create a solid base for the next leg up.
IF you have a long-investment horizon and believe in the company, I would gradually average down at this point. This is what I am doing.
Good post Dave. I am following through on my decision to still accumulate, picked up some more cheapies today at .0035 to average down at these prices. I would have liked to see Jared focus on green product lines but I think today's PR is a strategic to keep cash flows coming in while he builds the business and the distribution infrastructure for their green products more than anyting. Distribution is key!
We need to come up with ideas on what we as shareholders can do to help them bring in revenues!?!
GLTA!
Who drafted these financials? The 708K in shareholder's deficit is missing in the PDF?
The goodwill and formula balances show that the secret to this new company's success is in intangibles. Under US GAAP, these will need to be evaluated annually for impairment. Hopefully future costs will be not as big since they will start hitting the I/S if they can not be capitalized.
I expected to see more in property and equipment. I presume the related depreciation is in operating expenses on the I/S? Where are the leasehold improvements for the warehouse?
Based on the results of the 3 months, their gross margin is 19%. His trip to Mexico might help enhance this by decreasing COS. Not bad for a new company.
The A/P seems low for the A/R on the books and the amount of inventory held, or maybe they are diligent in paying their bills.
Cash position seems OK for a new company. Operating expenses seem low.
Payable to consultants, I presume these costs are in the intangibles since the operating expenses don't reflect this large amount? Which consultants are these?
Just some of my initial rough thoughts.
GLTA!
Give SRSR time, it will perform as well. I have almost completed my accumulation of EESO and now I am starting to accumulate SRSR. I figured I might as well diversify into two good long-term plays.
I liked the video and the reality of Jared's attire. He looks tired which is good in that it means they are working hard. I like how the background of the warehouse is shaping up and its set up. They seem to be efficient and the staff is focused on the work. The sense I got from the video was good and he being upfront about the 125M shares was great. I like this stock and its reality.
What can we do as shareholders to help Jared in building retail sales to add to the bottom line. Shouldn't we spread the word about the product and the website? Ideas?
GLTA!