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Add to the list: whatever short position there was, it is gone now!
This story is getting really interesting. I am psyched! Cassius, pass on the popcorn please.
NITE, SBSH, and UBSS @ 0.28
Here is what page 1 of http://www.ecnholding.com/legal.pdf states:
---------------------------------
Montreal September 13th 2007
Mr Raphael Huppe
Media City Corporation
1, Place Ville Marie, suite 2821
Montreal (Quebec)
H3B 4R4
OBJECT: Due Diligence
Acquisition of Folo System
_______________________________
Dear Mr Huppe,
We have undertaken to review the documentation in view of the acquisition by Media City Corporation of the Folo System. Our conclusions at the moment are the following:
. Media City Corporation shall complete within the upcoming days the issuance of sixty million (60,000,000) restricted shares to be distributed amongst Raphael Huppe and key employees of ECN Holding LLC, ECN Control Canada Inc., Effective Control Trucking LLC, Effective Control Transport, GPS Global and any other related entity to insure the transfer of the intellectual property to Media City Corporation. As this stock is restricted, it is understood that this stock cannot be sold in order to raise funds. It is our recommendation to consolidate all of the above mentioned companies.
Media City shall also complete the acquisition of Argo Navigation within the upcoming days with the issuance of ten million (10,000,000) restricted shares to be distributed amongst Jason Shin and key employees of Argo Navigation.
With the above mentioned shares MCCY will have a total of 125,000,000 active shares.
FYI MCCY board, new SEC rule regarding short reporting goes into effect today.
Effective September 7, 2007, Rule 3360 was changed to require firms to increase the frequency of short interest reporting from monthly to semi-monthly cycles. Please refer to the Short Interest Reporting Deadlines for the current reporting schedule.
http://www.otcbb.com/asp/OTCE_Short_Interest.asp
UBSS is going back and forth between 0.0002 and 0.0003 on the ASK. Crazy volume indeed!
Just remove ) after .com/ and it will work -- no big deal.
Yes, BRGE is gone now. Thank God!
Well, things look different now... We are back to 0.0001(5)X0.0002(4). And, worst of all, BRGE is on the ASK with a huge lot size of 10,000,000, and no BID. This is not good, I know...
GLTA!
Pre-market L2 looks good so far: SBSH is on the BID at 0.0002 and on the ASK at 0.0003. Time to go up?
Have a great day everyone!
No, it is not this guy. What you found is an ad of someone in Serbia who repairs mufflers.
Same as before, just that SBSH went down to 0.0001 on the BID. Only NITE left at 0.0002.
BID: NITE, SBSH, and UBSS at 0.0002, then DOMS at 0.0001
ASK: ETRD, SBSH, and UBSS at 0.0003, then NITE at 0.0004, DOMS at 0.0006, VFIN at 0.003, and LABS at 12.000
I have no idea why LABS is in such a good mood today. I have been watching L2 on a daily basis over the last 5 months, and I have never seen such a prominent appearance of a MM on the ask.
It makes you wonder what is up, does not it?!
GLTA!
algol
I like where LABS has parked on the ask at $12.00!
As far as I know, a 100-share trade on the upside is a MM code meaning "I need shares".
BID: ETRD, NITE, SBSH, UBSS at 0.0002 and DOMS at 0.0001
ASK: ETRD, SBSH and UBSS at 0.0003, NITE at 0.0004, DOMS at 0.0006, VFIN at 0.003, AND HDSN at 0.005 (as of two hours ago)
and the dump continues... this is insane.
Just added another 10MM! Who is next?
HDSN was on the ask at 0.0003 earlier today, but backed off to 0.0007. He is not on the bid at all.
I find the resemblance between these two websites astonishing:
http://www.espritfinancialgroup.com/
and
http://www.midweststockconsultingllc.com/
do not you?
I am still here. Still adding!
Great posts living! You and I are on the same page.
We need true transparency from the company to attract deep-pocket investors. Otherwise, they will not touch this sub-penny stock.
I first bought in late Jan when this stock was trading in the same range as it does now. Lots of things have happened since then. For sure, the company has grown a LOT since then! There were missteps along the way, but that is normal. The point is to learn from the mistakes and not to repeat them again. I hope that EFGO management have learned those lessons. Time will tell...
On a different note, I wonder if big old-timers who did not post here for a long time, like judobeat and stocktrendsettler, still hold. (Hello guys. I hope you are all doing well!)
Good luck to us all!
I did not post here lately, but this does not mean that I am out.
On the contrary, I have added MEGATONS of shares in the past two months. Why? Because I am an investor (not a pseudo long-and-strong daytraded) who believes in the potential of this company. Although, I am hoping for little more answers from the company on all those outstanding issues raised by posters here recently. We have been all nervous these days on the lack of news, and some bailed out, I understand. Every downtick in the PPS costs me tens of thousands of dollars on paper. Why do I still hold? Because I trust my instincts in moments like this, and they say "hold, you will be rewarded." So, I hold, and I put my negative emotions on the side when I see how this stock has been trading in the past few months.
I am not trying to give any trading advice to anyone with this message. I am just venting my thoughts out, and I hope that EFGO holders are WISE enough to make the RIGHT decision AND not act on emotion.
Logan Pearsall Smith once said: "There are two things to aim at in life; first to get what you want, and after that to enjoy it. Only the wisest of mankind has achieved the second."
So, as a first step, let us get what we all what from this company. Then, we will think wisely how to enjoy it.
Have a great weekend all!
Respectfully,
Algol
HEADLINE NEWS NEXT WEEK:
EFGO's Vision coincides with NASA's Vision for Space Exploration – To the Moon, Mars, and Beyond...
To those who received emails from info@americaasiapetroleum.com
Check the header of the emails and see if the messages were sent from servers chirico1 or chirico2. All mine were sent from these servers.
still here, still adding!
I see that everyone is overly sensitive these days. Do not get me wrong, I appreciate the DD that EVERYONE on this board has done so far.
(Poster44ny, i cannot PM you, but I assure you that I am not short!)
My ego is not bigger than me guys.
Peace,
algol
Thank you jimmenknee! I greatly appreciate the DD you have done so far.
Peace,
algol
It looks like the time zone of Greenland (a few hours ahead of EDT).
Green is good!
From Town Hall (updated just now):
07.06.07
Pink Sheets Quotation?
Posted in Uncategorized, Announcements, Investor Relations, Management Reports at 7:47 pm by Andrew Edwards
QUESTION:
Why is there no quote for EFGO on Pinksheets.com? Why can’t you log on to pinksheets and update it?
RESPONSE:
This is due to a clerical error. Financial reports are generally uploaded to the Pink Sheets for public scrutiny. On May 15th, the Esprit person responsible for uploading the 1st quarter Financial Statements for 2007 accidentally uploaded the year end statements a second time. The Pink Sheets realized the error earlier today, and has put a temporary block on displaying the quote, as the actual first quarter results were not yet posted. Management has been in communication with the Pink Sheets to clarify the error. The correct statements have been properly uploaded today, and we have been advised that the Pink Sheets should remove the block sometime this afternoon.
As previously announced by the Company, we are filing all of the requisite documentation to qualify as a fully reporting issuer (pink check mark) when the Pink Sheets introduces its new classifications in August.
We apologize to our shareholders for the error. Happily, it is not substantive, and we do not anticipate it will have any long term affect on our stock.
The trade at 14:35 for 5.4MM was a BUY and it was me.
That's all I could afford to buy today... my pocket money is out.
Peace,
algol
we have quite a volume traded so far: 1,500,000 shares so far. last pps is $0.006. way to go!
you are welcome.
Then we count 6 to 8 weeks until the new symbol and CUSIP take effect. If the TA moves fast we will see 6 weeks, IMO.
Because the share certificates have to be reissued and distributed by the TA, and when there not enough certificates to go around the MMs will have to go and buy shares from the open market. And then comes the mother of all short squeezes.
Quite simply, the TA will have only ~3MM certificates, and when NITE asks for, say, 5MM, the TA will say 'sorry, you get only 3MM from me'. Then NITE must buy shares from the open market with 7 to 10 business days, I think. We will see...
When are the name and CUSIP change happening? A month from now?
I see this the only way to force NITE and UBSS to cover their NSS.
Look at the volume traded in June:
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=mccy&SortBy=volume&Month=6...
I have the same feeling too. I think that from now until Aug 15 there will be many things happening, including PPS appreciation.
Happy Sun everyone!
Sounds great! I am dreaming already...
Let us hope for the best, in near term hopefully.
GLTA!
Rebelgirl, you are amazing!