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No, nothing more since their last pr, but as we have discussed to death here it is one of three options that was mentioned. EVDR will have several million dollars to invest in merger from sale of ASCC. With that kind of money, they will find a good candidate to merge with. They also discussed merging with a light machinery manufacturer..
Curious why you always bring up the treasure salvage prospect and not the other's? Do you think that this will have the most negative impact on the stock?
I love the potential of this stock! Really could run for a long time, there isnt just one piece of news we are waiting for. Stock has multi dimensions to it. Sale of ASCC, merger, share buyback. Who knows how high it could potentially go to? Just too early to tell, but I think it is going to be very good!!!
Wow! 32's!! Looking good today, how about a run to 4's this week?
Really think we will see news soon and this will explode.. without news I still think it is going to run to the next leg up 0.004s. We should see news though any day on the asset sale of ASCC, and possible merger. IMO
Seems like it was all set to run abit earlier. Getting allot of those 9 buyers from the past couple weeks flipping it for their 20 percent profit. Hate it, but it is what it is.
Wow! That ask just got really thin! 14's will be up in a few minutes if this holds. Looks like we could have the biggest volume day since the last runup..
12's up!
Got me, maybe this stock ties into the book of Revelation? LOL!!
That is true, is under par value so you wouldnt think it would be possible for them to dillute. Hopefully we will find out something soon, some crazy big buys today.
Guess I didnt miss anything today, read the posts. Penny Stock Whispers huh? Hope it turns out to be a great call on their part.. am loaded and ready as well!
Over 100 million shares traded today, and in the red? Can somebody explain what other possible scenario this could be but dillution? If so, how could anybody ever trust pr's this company puts out?
What's up with this stock? Get a positive sounding announcement and the price goes down and almost no volume?
Keep me updated on your Friday email bro, got to run. Helping my son move today out of his dorm. Will check in tonight. Hoping for a nice surprise later!!
I think some misinterpet what the sale of assets means. When our company was purchased by a publicly held company it was called an asset sale. Structured that way for tax purposes, benefitted both parties. Actually they are not just buying assets, they are buying assets, customer base, future business, and their is also usually something included for current management to stay in place, goodwill etc. It is not just the sale of tangible assets..
Hm... never looked that closely at it, well lets hope so. Yes, I think at the latest we will hear something on the asset sale before April 1. Depends though at what point of the sale they were at when they announced in January.
Hope you are right, why do you think we will see one in this time frame? Or is it just a feeling?
I hope this stands and the 0.0011s are dried up, ready to start being like the Jeffersons and moving on up! LOL
Should be going to 0.0012 in abit, not many shares left at 0.0010 and none showing at level 2 at 0.0011. Will check in later.
Traveling today, hoping we see some good news this week!
Minimum 2 or 3x from the current pps? If that is what you are saying, I would doubt that. There was institutional buying in the 30 cent and up range, one buy as I remember was as much as a million shares. Dont think that they would get away with going too much on the cheap.. it has been discussed here before that .80 cents per share would be on the low end. Believe that would be at least a starting point.
Exactly! No dilution, strong base at 0.0010. Being accumulated now for past several weeks at this level, we move up from here.
I think there is a place for both, but dont think you can go strictly by one or the other. JMO
Treasure salvage was one of several options that they laid out. You mentioned several treasure salvage that are sub pennies? Who are they? Saw very few in that line of work that are publicly traded.
Check back later, going to the gym and for a run. Hope you are having a nice weekend!
To answer your question, read my post 71449.
Read my last post
I think it is a psychological thing, diffference is once you have arrived at a higher pps most people start looking for more, and would tend to be more disatisfied with what might be viewed as a nominal difference. Human nature. Bet ATRN knows this too..
Depends how much of the financial info is leaked out, I do believe that we will see a big upside once they are released. Wouldnt be surprised if a merger announcement is made even before they release financials. I definitely dont believe that they want the price to soar before a merger announcement is made. If the current pps is trading at .15 cents per share and they announce a buyout at .90 cents, I am happy. If the stock goes up to .60 cents per share and they announce a .90 cents buyout.. not as much.
Why would you think that the quarterlys being good is a given, and built into the pps? Based on what, a message board? I doubt if the pps has a good 10q built in until proven. Although I do believe it will be good, doubt strongly that the pps reflects that.
Very well said!!
Hope so! I am locked and loaded.. just waiting now!
Good point, no dillution, asset sale, merger, share buyback = no brainer!
Whether they announce the sale of assets, merger or not.. I think we will start moving up soon.
Hmmm.... never thought about that, but makes sense. Had a couple last year that hit pretty good in March, but could understand a company with big news waiting till after the year end and quarterly is reported.
I notice several of these penny stocks havent released news for over a month. Maybe March is the time for several to move up together? LOL! For some reason seems like a couple I was in last year had a big move in March, so maybe this is the designated month!!
thanks for the update, will look for one next Friday then. Was hoping to get more volume today, but who knows what the next hour will bring.
The wording has been used "highly profitable" in their press releases. Am sure that the sale will be several million dollars. Everything I have read gives me every indication this will be a profitable sale and will result in a much higher pps. Based on my background in the manufacturing business which directly correlated to the construction industry, I am guessing that the are making a 30 percent gross net per year on 7 million dollars in sales. Should easily get three times gross net per year, the sale should be 6 million plus. Unless there is some huge amount of debt that is not normal, doubt that is the case.
True, one of several directions they could take, just imagine that they are at least as smart as we are and will make a decision based on better information than what we have.
I cant imagine too many publicly held companys in that area.. when I invested in them, I believe there was one other major one. Made a little money off the trade and got out, was just a momentum trade. Cannot imagine the work it takes to locate then bring up treasure from the bottem of the ocean. Then to deal with the politics of it all, certainly would not be my choice for a potential merger candidate. Doubt if that is the direction EVDR will go in.
Looks like it, hopefully getting ready for the next leg up!