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Actually you could go right ahead and let me ponder my dilemma.
Second day in a row we had a ask at the end below the pps, and bid lower than that, and we closed above the ask. That right there is a sign. You may ask what kind of sign. It will become apparent in the very near future, at least according to past experience here.
How long have shorts been in control here? It's been a while now. Seems like this is where it goes back up to around .018, and then back down to .014. Well, we are at .014 now. Look for a bounce.
This is like old times, when everyone that wanted to sell down at whatever price it was at had done so, and there was no one else wanting to, or having to, sell so low. It would go for hours without a trade, just like Blue mentioned with the siesta.
Even those that may have a few shares to sell so try and drop the price are hesitant to do so. This use to happen on a fairly regular basis. A rise in the pps would typically follow such inactivity.
The order might only include one, and that would be a plate for two. Definitely, fiery hot.
The easy way to make money down here is to be short. We have just chosen the more difficult path. But personally, I'd rather not even be here, or even involved with penny stocks, if I had to be a short. Just not my cup of chicken soup.
Call up the Padres? Don't they have a chicken outfit? Might want a little something more stylish though.
I take that as a contrary indicator. Usually good things happens when it shows up.
You have a very good grasp of our company here. Thank you are that analogy.
I believe everything that JB has done in his career before coming on board here enables him to undertake the opportunity to really build a whole new food franchise from the ground up. Not come in to an already existing one and manage one aspect of it, but be "the guy" that puts everything in place.
I can also imagine someone in his position, coming from GS, has a lot pride. He will work his butt off, so as to not to fail. I'm sure everyone that has worked with him will be following to see whether he is successful or not. That right there would motivate me to put the extra mile and then some, that is, if you care to be viewed as a success in your career. Just wanting to is not enough however. You need the expertise also, and based on JB's background, it looks very much like he has it.
But is it at least consistent. The fidelity to inaccurate information can only be matched by the fidelity EEDG shows to its share structure.
I've said it all along. If they can create something with as much quality as how management has maintained the quality of the share structure here, we are all going to be very pleased with the results. And, if you have any doubts that they will put in the effort to do so, look no further than the effort they put in to maintain that SS.
Not even back to where it was trading before one trader dropped it way down last week. One trader and everyone thinks that is where it should be trading at. Classic.
I guess that would be the ignorant ones then.
Folks should also realize that this is a easy, pick your pps. They just have to realize that this isn't catering to the flippers, but the long term investors. That's what happens when a real company tries to create a real franchise. Anyone looking for outlets up and running next week should just not buy in here.
If I was a flipper looking for a quick flip, stay away from this stock. You will only be disappointed and sell at the bid and keep the pps down. The company is trying to build something that flippers have no interest in. Seek out the company de jour that is being hype for a couple of days, like REA@. That's the genre of the flipper. The flipper has nothing here. Don't even bother.
Yes it was. I think everyone that expected units up and running by now is gone from here.
What we are being given, through these prs, is how any responsible management team would go about trying to create a brand new brand name food franchise.
Studying the best retail locations to place the unit is one step in trying to maximize the overall success. Reaching out to the best possible franchisers is another. Hiring a chef to design the menu items is another. Finding a quality metropolitan area to launch the first units is another. Having a plan in place to build and transfer the completed unit is another. Having the infrastructure to supply the unit is another. And procuring the adequate financing to get this off the ground is the key to all of this.
These are all things that we have been given as to how they are going about this endeavor. All of them are the correct steps, and they also seem to know what order each needs to be in to achieve a successful operation. There is nothing here that we should be worried about except maybe the financing/dilution angle.
Being an investor with this company for almost a year now, they have maintained fidelity to their share structure this whole time. They have increased the O/S, but it is still way below what most penny stocks are at. Just going on past experience with this one company, I expect that this fidelity to the SS to continue.
All just suppositions. Who would you select to oversee the energy designs of the Gourmet Wings physical outlets?
A very good way to showcase what energy edge solutions can do. Might even gin up some business with another food outlet franchiser, to come in and reduce their energy cost. Might even be one of the reasons to spin energy edge off. Definitely a selling plus to whoever buys the Gourmet Wing franchises.
Me too. But I was thinking more in line with using energy edge solutions to make each franchised outlet as energy efficient as possible. One company would be paying the other to help in the construction. Throw in Trillacorpe as general contractors for good measure.
There does seem to be a more orderly, step-by-step feel to what we are seeing now as opposed to the co-branding model earlier. What we are seeing now is how one should go about getting a new food franchise venue up and running, by focusing on the foundation that everything will be built on.
I would hope that energy edge solutions will be a part of this build out. I heard to the radio that Walgreens is trying out a zero carbon footprint unit at one of their locations. Actually, the store will put out more energy than it uses and Walgreens can sell the excess. At least that is the plan.
There was zero control with the co-branding model. That was apparent and a change was needed. Boyd is making the right decisions, IMO.
They don't want you to have any semblance of happiness. Just doom and gloom and despair is their cup of tea.
Just another day, a Friday no less, at the construction site. You know what Friday's mean on the construction site, don't you?
Location, location and location is what real estate is all about. I'm glad they are differentiating the tasks and hiring folks with experience in each area.
Just another day at the construction site. Looks like it stop raining enough to get a little work done. Once this weather clears, look out. Forget the doom and gloom. Ok, those that are still here staring in the abess, either sell or not. You have to decide that for yourself. Good luck in your decision.
But if that same individual is trying to cover at around .015, on quite a few more shares than 10K, then I'm sure they don't view that 10K sell as a loss, but closer to a much bigger payday.
With all due respect, Tutter's picture of our wings looks much more appealing than yours does showing Hooters Daytona wings.
Well, I see walking my dogs didn't get us anywhere.
You know, we keep hearing about all these nefarious connections with felons and mafia types and what nots, and our beloved company EEDG. A lot of effort is given here to disparage the company with these alleged connections.
What good is it to have these wiseguy connections if we cannot use them to our advantage to get the pps moving in the right direction? Just asking...
You know something we can do down here?....stop selling.
Blue, I'm going to take my dogs for a walk before a disgusting weather day tomorrow. Maybe that will help.
The reason Dry Fried Wings is called the San Francisco sensation is because that's where they originated. A few Chinese restaurants had been serving them and getting very favorable feedback about the product, so the wings were more or less, spun-off from the restaurant menu, to be developed as a stand alone item that a co-branding or whole outlet can be built around.
From what JB has described, it sounds like a new food chain is the main focus, what with hiring the chef to develop other dishes to go with the wings, along with all the other stuff that has been laid out.
Actually, that was a response to the guy that wanted to know where the San Francisco sensation came from.
Sorry, you said here, as in the present pps range.
Do you think that if EEDG announced a co-branding agreement with McDonalds to have our wings in thousands of outlets, that the pps might rise back to your .12 level? Or do you think it would take another couple of major national chains to get us back all the way up to .12?
I guess my point is, what is different about this company when it was at .12 and now, at .023? More specifically, who controls the pps down here that decides a company that was once not that long ago, at .12 is now at .023?
Did the company abandon its business plan? Did it more than double its share structure? I guess, what I am asking is what has the company done to warrant this pps drop? Or is this pps drop something others have controlled?
So, my original question is repeated, if EEDG were to sign a co- branding contract with McDonald's, do you think the pps would rise all the way back up to .12?
A "while" is a selective qualifier. Is a week a while to you? What about a month or two? Some folks "while" is a blink in the eye, while others, it is an eternity.
Don't forget to add a review of the wings to their website.
That is probably from someone that is short 100k and has 2-3k to sell at the bid to try and cover down there or lower. That would be my guess.
There will be a whole lot of self flagellation going on.
Still partners, just not a merged company. The shares we get from Energy Edge Solutions will have that partnership attached to them.
As far as I remember, Trillacorpe could not maintain its veteran status, and priviledged bidding status as a verteran owned company, without still having majority control, so that merger was dissolved between EEDG and Trillacorpe.
Dutchess will come to me also, give me some time.
You pretty much summed it up, as far as I can tell. Glad you are still around, along with dcatman and others. Just hadn't heard from you in a while.
So we will have proportional shares in a energy solutions company,i.e., the old business here, and also shares in the Wing business,i.e., the new business.
The fact that there are two distinct businesses shouldn't be an issue, unless you think GE should only be in the appliance business. Some businesses can walk and chew gum at the same time.
And, for those that may come here and try to convince you that a spinoff is a last disparate move by a company before shutting its doors, nothing could be further from the truth. You know, that little thing called "the truth."
http://www.joplinglobe.com/dailybusiness/x1533020218/Spinoffs-often-prove-successful
So, enjoy the news over the week-end. I know I will be.
It is nice to know some familiar folks are still around and haven't left in the "jilted lover syndrome" from this past week.
Everything is on budget and planed here. It looks like a few wanted a completed home when, in actuality, the plans were first given the ok and construction began. We were given today that a guest house was added to the construction at no charge. Those that wanted a completed house will try and jump back on board at the lowest price they can manipulate. Maybe they got had a brain fart about this company, who knows.
Those that left but get on board, view their posts with a minicule grain of salt.
Don't get upset. There has always been posters here saying the same type of thing. They come and go. There's absolutely zero reason to let the latest such poster get you all riled up.
Remember, they come and they go. Just expect them, let them say their spiel and enjoy your evening.
Just another day at the construction site.
What's your definition of a dividend?
Agree with that. The only way you would end up the the same number of shares in both companies is if both companies had an equal share structure.
Agreed. All we have to do is sit back and watch it all unfold.
Wouldn't it be funny if the spinoff does better than the parent company does? We will have shares of both.