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$EWSI - Wow did she come out of the gates running. Hope you all had your bets down. She is just getting warmed up for what is to come. Hang around for the next round.
EWSI HUGE NEWS OUT
E-Waste Systems, Inc. Signs Letter of Intent for Acquisition of Logistics Solutions Company
LONDON, July 18, 2012 /PRNewswire via COMTEX/ -- E-Waste Systems, Inc. (OTCQB: EWSI), an electronic waste recycling and reverse logistics services firm, announced today that it has signed a non-binding letter of intent ("LOI") to acquire a multi-vendor reverse logistics solutions company headquartered in the Southwestern US. This LOI represents the fourth targeted acquisition by E-Waste Systems as part of its strategy to become a leading provider of e-waste services internationally.
The target's scope of work includes asset management, professional services and technical solutions including reverse logistics resolution, development and implementation of software and operational processes, inventory control, commodity audit programs, and process integration, as well as engineering expertise, refurbishment and remanufacturing capabiities.
"This particular opportunity is an excellent complement to the planned build-out of our e-waste recycling infrastructure initiatives. Our focus is on building a growing and profitable company with the objective of becoming a significant international player in the electronic waste recycling and end-of-life management industry. This acquisition could become an excellent component in the implementation of our strategy," stated Martin Nielson, CEO of E-Waste Systems.
This LOI requires that the names of the company and the specific terms of the transaction be kept confidential to protect customers, suppliers, and employees, but details will be announced as soon as the definitive agreement has been executed.
Closing is contingent upon, among other things, due diligence and definitive agreements and completion of two years of PCAOB qualified audits, all of which are expected to be commissioned soon.
Electronic WasteElectronic waste, or "e-waste", refers to electronic products that are at or near their end of life, such as telecoms, servers, televisions, computer/peripherals, AV equipment, DVDs, medical equipment, telephones, mobile devices, fax/copy machines and gaming equipment.
According to the EPA, various reports in the United States have stated that electronic waste is growing significantly faster than any other waste stream, with a majority of the waste coming from large businesses and institutions. With the continuing introduction of new and enhanced electronic components, hundreds of millions of obsolete hardware devices will be entering the waste stream over the next 3-5 years. For more information, visit the EPA's eCycling FAQ's page, www.epa.gov/epawaste/conserve/materials/ecycling/faq.htm.
Warden Norton let me out late last night. I finished cooking the books fer him and just as he was walkin out the door he turned and said “It’s good to have you back Slingwing”. Then he motioned me to polish his shoes left on the desk. Little did the warden know what was gonna happin. There I was for all them years bashing stock on the boards just to keep investors selling making them think it was going to trip zeros. CPT Hadley was raking in the doe after I beat the investors down. Warden Norton had amassed a small fortune. All I had left was that danged poster of Raquel on the wall. Brooks and Tommy were both gone, Red was a lifer. I was planning my escape but I had to wait for that storm to hit so they wouldn’t hear me banging on that sewer pipe. Little did the warden know that I had swapped books on him. No one even noticed I was wearing the warden’s shoes when I was escorted to the cell block. Time was on my side. All I had to do was take those documents to the bank and clean out those accounts after I swam through a mile of sewage. It was going to be a long night. There was a glimmer in my eye knowing I was gonna hand those cooked books over to the SEC through the mail after I ask the bankers to put it in the general delivery.
Hay folks its reality time!! Lets trade.
Twenty-five dollar bid, now who will give me thirty dollar
Will you make it thirty dollar, give me thirty dollar
Oh who will give me a thirty dollar bi-id
Got a thirty dollar bid, now who will make it thirty-five
Will you give me thirty five, make it thirty-five
Oh who will give me a thirty-five dollar bi-id
OK and that was from the famous LeRoy VanDyke and the Auctioneer song for all you country and western fans. I like both kinds I always said. Country and Western.
Now for that sizzeling stock pick you been waiting for EWSI. Yep she is a beauty. She will start tradin @ 0930 EDT on all your online discount brokers. Just hummin around the .025 cent range getting ready for a smoking run. This baby has a super low float, no reverse splits in its history. She might look like an Edsel but wait till she gets cleaned up. She is gonna tear this market a new record when she blasts off. So don’t wait too long. Lookin in that rear view won’t do you any good so hop on board. Jump in the old Pinto this morning and get down to the brokers office before the bell. You don’t want to get left behind. This stock can slice it, it can dice it and make thousands and thousands of Julian bucks. But wait that’s not all! She has been rumbling down in the accumulation phase of the market. Get in while the gettin is good. Don’t let those MM’s beat you to the punch. This can’t last forever so we are going to offer the first 100 callers an extra Shamwow with their 5M share purchase, Vince just guaranteed me that and if they run outta Shamwows hell give you two not just one but two Slapchops for shipping and handling only for the inconvenience. What more do you traders need? Hurry because this deal won’t last. The one and only EWSI. Don’t let imitations fool you this is the original, genuine positively greatest stock on earth. EWSI!!
Disclaimer: I really never met Vince nor do I wish to because I think he is a worm. He never really offered the Shamwow and I bought one and it really sucks. Don’t waste your money. The wife did make me buy a Slapchop and she cut her fingers off with it and we are in litigation over it. Vince is gonna pay for me havin to put up with her winning over losing her fingers and she is just making my ears sweat over the deal. Hillbilly stocks is not gonna pay you for your losses if this dude tankes , but I do expect you to hand over a royalty of at least 20% if you gain from it. We are not a minority owned company nor do we make false claims to it except there once was someone in the family that was claiming Native American status but was not verifiable.
Warden Norton called me out today. Told me there could be a parole board hearing scheduled for me but he was recommending terminating it. Said sense I was making market manipulations of the penny stocks and makin him some big jack I would have to stay. He said that if he released me I would squeal on him. I said to him “ Warden I swear on my pet turtles grave that I won’t tell. Heck I’d get 30 to life if I sang for what I been doin fer ya.” He laughed at me and said sure. Then he motioned for the big bully guard Captain Hadley to take me away. I was a fearin for my life because I knew he was up to no good but I’m in so deep from shorting the markets and holding stocks down for the warden and his guards that there was just know way they were gonna let me walk. They took me down to the boiler room and I knew I was gonna die. They hooked the old ma bell crank phone up on me and made it hurt. I wasa screamin my head off begging for mercy. Old Hadley just kept cranking that phone till I wet myself. Then they slammed me in solitary. Got word through the grapevine that Warden Norton had taken out Tommy. All Tommy did was tell the Warden that it wasn’t really me that spammed. Tommy had inside information on the real guy who impersonated me and that would have made the parole a chinch. I was so close to spoonin my way through that wall and now look at where I’m at. Red always said “Get busy living or get busy dying.”
Hold that thought folks it’s time for the market rap.
We had a green green day in the street. At least for those who sold to the suckers that is.
MCET just announced it’s annual shareholder meeting. Didn’t phase the little bugger. Stayed right in the normal trading range with a close of that gigantic goose egg.
NOUV hit the wires premarket announcing its new release of the all natural For Your Joint Health supplement. This pup has been pimped so many times in the last few weeks it might never see the light of day again after the 26% fall from the dump.
OPHI is getting the push from over at the Pumpers Paradise. She is slow to rise but they will pull it off over at the paradise with a dismal day at the auction but she held her ground. Those Pumpers are quite the team.
SDSS hit the morning round of emails from HSP for the second day. Will the dumping ever stop? It foundered all day. We are gonna have to trim its hoofs and coat them with turpentine to get this horse runnin again. With last minute orders that old mare crossed the line just cracking the +6% mark.
CTDT is in the second week of a full scale promo. Company is in full coordination with the pumpers to squeeze every dime out of ya and is in its slow death spiral.
SPOW is in the second round of its wild ride to the bottom. She sprang up to .039 in early trading only to plummet back to earth at 32 feet per second per second till she hit terminal velocity. It was a nasty crash.
OCTI came out running and topped the pack with an impressive 21% gain on just under 300k volume. That stop sign over at OTC isn’t scaring away these guys.
And that is the market rap. From all of us at KLINK, I’m Slingwing reporting from location at the cell block. Good Night and God Bless.
Dang, just got the Dear John letter from the old lady. Seems she took off with my lawyer after I paid good skins to get me a plea. Life is not fair. Don’t think I am going to make it. Got a letter from my mom and said she disowned me. Told me to forget she existed. Where will I go when I get out? I don’t want to carve my name by Brooks and wind up in Zihuatanejo with Andy and Red. E no ablo Espanola (I can’t speak Spanish). Does nobody love me anymore? I just can’t take it anymore. This 6X8 is kicking in my PTSD. They tumped my plate at supper last night and laughed at me. I was so so hungry that I scooped the SOS off the floor, dirt and all while they kicked me and called me names. I was so humiliated. God please have mercy, I only spammed once in my life and voted for one republican. Can’t you find it in your heart to spare me? Hold that thought God!
It’s almost trade time!!
Alright traders get your fingers warmed up for a fantastic day at the markets. We have the chain emails circulating with furry today, buy this and buy that. Read your disclosures before you buy. Don’t trust that guy and buy from them. Set your trailers when you buy. Slap the ask only when the squeeze is tight . Guys it is a green day on Wall Street except for those who pick losers.
This is the famous Budweiser beer. We know of no brand produced by any other brewer which costs so much to brew and age. Our exclusive beechwood aging produces a taste, a smoothness, and a drinkability you will find in no other beer at any price.
Opps that was the wrong one. Dang it I need to stop drinking.
Extra Extra Read all about it. EWSI at your local brokers on sale for ridiculously low prices. This super low floater is going to the moon and back. We dug up Scottie and reinstated CPT Kirk to pilot this baby. She is going to fly. Hang on and get your tickets now. Even though Scotty is a little stiff we think he can give her more power and rocket this thing to warp factor 4. No doubt there will be luls in the trading day because CPT Kirk will have to promo Price Line @ noon but that only gives us traders fingers a well needed rest. We even had the shields reworked with a special coating to stop shorters from infiltrating. Step right in step right in for the greatest 10 bagger of the year. She has a super low float of only 37.5M. That’s right 37,500,000 float. Now you can’t find that on just any pink can you? She has a chart that only a mother could love. We got a management team with impeccable careers and a plethora of years experience. What more do you want. This company will take your old 8088 Intell and scrap it properly or rebuild it to the fastest quad core AMD on the block. Let me through a plug at you, this company says if it has a plug they will take it so wire up your old hound dog and get ready to make some coin. Ron Propiel couldn’t be here today because he was premiering his new Slagamajab which is the next best thing to EWSI. So don’t let that hold you back because I personally talked to Ron and he reassured me that he will fit us into the schedule next week. Hurry before the float is locked and you miss the boat. Get outta those jammies and get to your broker before it is too late. Retire tomorrow with a small investment today. Don’t let cheap imitations fool you this is the real deal, the one and only EWSI.
Disclaimer: I really never talked to Ron Propiel but I know a friend who once knew a guy that met him in the bathroom at LAX between flights. We really couldn’t exhume Scotty because the family rejected our request and CPT Kirk was to busy and told us to get bent or that might have been the dream I had last night. Ron’s new slagamajab was a figment of my imagination but sounded like something he might be working on. This is all for entertainment purposes and you are requested to do your own DD. I accept no responsibility for your financial losses if you buy this stock and it tanks but I do want 20% of any profits for the tip. Your retina may have been scanned and recorded as an acknowledgment of this disclaimer. This is all brought to you by Hillbilly Stocks, Pigsknuckle , AR. Zip unknown and I sure ain’t gonna tell you the full address. This is all in Bold type so you can read it unlike those sites that put it in 2 point type. Hillbilly Stocks received no monetary or stock compensation for this add. You are on your own Jack.
OK folks I’m heading to the yard to pump iron. Keep your hands off my raisin jack while I am gone or I’ll have to hunt you down. Wouldn’t have to warn you if they would lock the cells during the day.
Hay! Who is the new fish in here?
What ya in for sonny? Yea I know you didn’t do it. That is a new line. Ever think of using something original like “the aliens took over my body and made me do it”? That would be more believable than what you just gave me. Jez, can’t those kids ever tell the truth? He’ll be lucky to last the night in here.
And now for the market rap:
EMWW down slightly on good volume. VERT is still in the bid collum. But wait NITE is holding its ask. They really have the gloves off on this one.
CAGR still holding at .0004. NITE is banging on the door @.0003 but CANT is holding firm @ .0004. If CANT can’t fold so will NITE give in? And meanwhile over at the board they tussle over a nice finish up of 33%.
ICOA was a surprise today. Came out of the blocks for 100% gain only to fall back to .0001 in late trading and volume of 40M. Hang in there folks from where you are at now the only place to go is up.
KMAGERS are holding their own. When news springs they will quit bickering on the board and start chearing. This will get moving north again someday.
IMDS is really hanging in there. Those guys are doing a bang up job on that board. There is news of the SWA agreement for distribution of their CTLM which should make for a nice gain during Tuesdays session because the news broke late. We just hope MRS Grable will quit printing more certificates and sell what they have.
Mining, gas, oil and alternative energy stocks were netrual today with the exception of ALGF. It sprang into action with a 166% gain on small volume. Can it hold? Only tomorrow will tell. Those little algaes are quite the thing.
SPOW what touted in the morning rounds of emails and plowed to .085 and sank rapidly to the lower.03’s. The second round of emails couldn’t break the slide. Selling was at a frenzy.
And for SIRG. I have flown over that mine several times and it is huge. One gigantic operation. All at the expense of the taxpayer while I was in the military. Yep turned good jet gas into noise while rubbernecking at that place.
And that is the rap. I’m Slingwing reporting from the KLINK for all your latest news and market analysis where honest and unbiased opinions can always be found except what is in the disclosure and I don’t feel like telling you.
You know 28 years of military service. Couple of tours in SWA. Had my aircraft all shot up. Still have nightmares over it. Thought I was doing it all right then this happens. Wife hasn’t called me yet so I don’t know if the marriage is going to hold. A bud called yesterday and said he stopped by my mother’s house and she had a sheet hanging over my picture in the wall. Lost my job because the company doesn’t want jailbirds tarnishing their image. Don’t think I can ever face reality again. Is your lawyer a good one because I might need one, mine bolted with the check and cannot get ahold of him. He promised a plea but never got back after the $50k retainer I paid.
At any rate did I mention EWSI? Need to check it out. This stock is going somewhere. Just a matter of time. Chart is awesome. Just a little volume and awareness this is going to explode. Super low floater at 37.5m. It has the right business model for the time. Solid management team. Hurry down to your broker when you get out and tell him I sent you.
All right you all don’t try anything funny in here. I’m not that kind of guy and only here for a short while. You wouldn’t like it anyway because I break wind regularly.
Got to have some humor here. They have a jogging track here if we get time in the yard? When is laundry day? What is the bartering system in here, Cigarettes? Can I phone the wife? Pitched me in here and no rule book or orientation. I feel so deprived. Took my belt and shoe laces. What in the world am I going to tell my mother?
What the heck, Lets trade. EWSI starting @ 0930 EDT Monday. Low float @ 37.5m. Tight share structure. Good management and business plan for the times. Trading @ just under .03. Has a tremendous upside and chart looks to be at least .39 and it is a beauty. No recent promos and never a reverse split. Gettim while they are hot. You won’t find a better position in the pink land. Buy now and retire early.
Okeydokee.
Just don't try and sell them all in one lump. What most peeps do is just that and they start the dump on their own and do not even realize it. Lets say you buy 15000000 shares @ .0002 average you have $3000 tied up. Price rises to .0005 and now you have $7500 in the bank. You place a sell order for them all. This starts the dumping by accident most of the time. If peeps were smart they would release them in smaller chunks of 1m and rake in $500 a whack and keep the stock price up. Just a word of advice and I wish everybody would do that so we could profit easier.
Look this can be self-promoted by this board. It takes a little effort on everybody’s part to get this thing moving. Once this board generates interest promoters will start sending out info claiming to watch this stock and they found it. Read some of the disclosure statements out there. They have to list their paid promos. If they can grab one that is rising and lay claims to it, it looks good on their part and generates them more business on the promotions. Just get out there and get peeps aware of this stock and let it start running.
Ever wonder what happens with the oil from your oil change? Re-refined and this is getting to be a big business. You have to dispose of oil someway. How about reclaiming it and putting it back into the consumer market. Making sense? Companies like Challenger are buying used oil for pennies on the dollar. This is not a new concept and has been around for years. With prices where they are it is economically viable product now.
ICOA? Should get off the blocks. It can only go up.
They have had 3 reverse splits in their history and are currently reducing the shares from 10B to 7.5B. Is that share cancellation going to come out of the float? If it did that would reduce it to slightly less than 3.2B Float which would look better and attract investors.
Volume is good. So that could help the cause. Just need some investors to get in here and I think it can run. From the looks someone has been quietly buying over the past few months so someone has a big chunk.
There are no filings on the 2B cancellation as of today on Edgar. For that matter they haven’t filled anything with the SEC sense 2009. Now they are pink current because they provide all the required information that OTC requires.
Reading the last Q doesn’t look pretty but then again not many in the pinks do.
Overall will this stock go? It can with the right push. Just need to get around and let peeps know about it.
Why are you so bitter about this stock Buttonwood? Ever think about trying to do something about it? How about promoting it? Setting around and complaining about it will not help you in any way, shape or form. Now pull your bootstraps up and get to work or lose your investment. Just being honest about it and telling you how to do something about it. I thought I made it clear in my last posts how to cure this problem. Stocks don’t move on their own they need a push. Start pushing. Go over to IMDS board and see what a stock with no product and no hopes of ever selling what they have is doing by a bunch of motivated share holders.
Good eye on the paints. I was wondering if anybody else was watching them. Oldest trick in the book to discourage investors when someone wants to buy and high paints are to get peeps to buy before the dump. Just have to catch them when they happen. This has been going on for a week so someone wants to buy cheap. To prove a point go pull historicals on many stocks from the Hub. You will find a sharp drop in price from time to time. Here is an example. Note the drastic price drop. Ploy to discourage the incvestors. Follow the link and take a look. This is one of many I have found.
http://ih.advfn.com/p.php?pid=historical&symbol=edig
That was the point of getting CB. Now the company has a profit margin. We will not know what that is till the next Q. Now for the shell company part. All pennies are shells. What they need is the potential to be something or have a service to offer. The key is potential for venture capital companies. It now has something to bank on with CB acquisition. Will that mean a new Form 4 showing up? No idea yet. Some of the selling is due to the acquisition by the company. What most of these companies do not realize is that if they released the stock at a steady maintainable pace it would continue to gain ground. They usually have short term goals in mind. This will pass and I think it can break the penny mark again in the very near future. There has been a steady action on the stock daily. I don’t see that coming to a halt any time soon. Also watch the L2 action. Ever wonder why there are those small bites well above and below the norm for the day. That is called price manipulation. Above the HOD buy at 100 shares is to entice and 100 share buy below the LOD is a discourager. Are you getting the idea. These guys are Pros at manipulation and know how to reach in your pockets at will when you don’t know the game.
Now let's get to work and promote this thing. I see at least a .39 on this stock. Float is so low, great chart. You could not ask for a better setup. Post, post and more posts. Let this thing run.
Very good. I understand how you feel. People just need to validate the information and do some DD on their own. There is a lot of scuttle out there on this company. People still have it on the radar. It is by no means done. I do think the company needs to get releases out to the public. Surf the HUB and you will find a lot of posts about this company. It just needs some more investor awareness to get it jump started. It wouldn’t take much to get this thing moving back north. There are plenty of open boards that this can be posted on. If the people on this board would start promoting it around the Hub, Yahoo and a few other boards it should start sailing with ease.
Go ahead and LOL all you want. You don’t think peeps scour these boards to find info like that? You clowns are advertising to the world where your top is and that you are baggers. Smart investors will wait you out, you will cave and sell. They will be ROLFLAMO at you while you cry a tear in your bear. For one you guys told me where I need to be selling and trust me I am in good shape to sell and make a tidy profit well below your average. This is a waiting game. Poker face rules apply.
Then again, maybe you are one of those smart investors hiding behind a free membership while trolling the boards, bashing in a new fashion. Seen that before. Never trust anything said on these boards that you cannot verify and I cannot verify that you are just a novice investor with a lack of knowledge of the investing world. You could be the one stirring the pot to discourage the novice investor who just lost 75%. Not that anything like that would ever happen on the Hub. Oldest trick on the Hub is to bash stocks to buy cheap. Food for thought for all who read this post.
I try and give good advice and what thanks do you get?
One last thought. Why are you all comparing your average? You are telling everybody where to squeeze you at. I know that is what I would do if I wanted to lose big time. Guys get your heads screwed on right and start making this work instead of crying. You are giving out way to much info for the market and buyers to know. PM your averages, never publicly advertize them. And for the best piece of advice, never trust anybody, even yourself in this stock market.
Okeydoke folks it is time for a scolding. You all think crying about your stock is going to raise the price? Don’t think so.
How many of you visit other boards and promote your stock? How many of you have looked at OTC Markets and read about the company you invested in, read the SEC filings, did a Google search and found the company in Google Earth on street view?
You cannot take a stock tip for gospel. You have to research them for yourself. Most of these companies are start up venture companies. Most have no visual means of support. What you are looking for is potential. Plain and simple potential to be something nothing more. Do they have a product or service that is sellable? EMWW does, yes they do, uh ha, you bet. So they meet the basic criteria that we are looking at. Now we look at some filings and the company. I will spare you the boredom and just give you links so you can at least act like you did some research.
http://www.otcmarkets.com/stock/EMWW/quote
http://www.otcmarkets.com/stock/EMWW/company-info
http://www.otcmarkets.com/stock/EMWW/news
http://www.otcmarkets.com/stock/EMWW/financials
http://www.otcmarkets.com/stock/EMWW/filings
http://www.sec.gov/cgi-bin/browse-edgar?company=Structural+Enhancement+Technologies+Corp&match=&CIK=emww&filenum=&State=&Country=&SIC=&owner=exclude&Find=Find+Companies&action=getcompany
Now some of this stuff will scare you to death. This company is not on the most stable ground but then again none of the pennies are. Back to rule 1. Does this company have potential? Venture companies use the stock market to fund their activities while in the early stages. Do not let that scare you away when you see a deficit in the balance sheet. That is how it works. Again rule 1, do they have potential. Now rule 2 is do they have the sellable product or service? We answered that as a big yes.
Now what we have to do is find the good points of the company. Is there any news that could make this viable? Challenger Brands ring a bell? Has the company done anything that would make the stock more appealing? How about on 5-24-2012 they got everything current with OTC. It would be nice if they had a web site. They do have a phone that you can call though. 631-856-5749. Start hounding them and get answers. Ask for information; sell yourself as an investor group. Make them work for you the investor.
Last thing is start promoting your own investments on other boards. Be honest about what you are telling them. Peeps figure out who is blowing smoke up their skirts and never trust them again. Find the best things about the company and sell it. Generate interest in the board. Make it a goal to make the ticker cloud on the hub.
Last thing is when you start making a profit sell off some and keep the free ones, add on the dips and never, never sell the whole enchilada in one setting or you could kill the stock before you get yours sold. If you follow this advice you can and will make this thing turn. It takes more than hitting the enter button to make a stock run.
OK all you peeps who hold EWSI. I did a lot of work on the board today. I still have some work to do. Now what I need from all you holders of this stock. Post, post, and more posts. The only way this thing is going to self ignite is by the chart and float alone. That is going to take some time and it will on its own. We are going to speed the process up a bit. There are lots of folks out there looking at this stock. It is going to be your job to generate the interest and get them over to this board. IHub is not the only outlet. Think outside the box. I will maintain the board. I will add stuff as we go. I am researching stuff right now.
What is happening is peeps are loading right now. VERT and NITE are killing the price so they can load. They know what this stock is worth. These guys are pros at knocking down the timid. They take out the weak and sell it back to them so they can take it away again. They want you to think it will never come back. You are down 50% and get weak so you sell and a week later it starts running so you start crying again. Hold your ground so you don’t take that loss. Theoretically less than 100 people could lock up the float at the prices it is selling at now. Be a strong investor and follow my lead.
I have seen what can happen with a few motivated stock holders can do to their beaten down stocks. I have witnessed one on the brink of trip zero one come back 1400% in a matter of weeks and it has no sellable product and over 20 year old tech that has never got out of the developmental stage. Now let me put that into numbers. They invested $500 and the stock went down, they bought more to average down, it still went down so they bought more and more till it was @ .0002. Most were in at .004 and had about $2500 invested on average. It rose 1400% from their average price of .0004. So $2500 + 1400% = $37500 less commissions. Now most will sell that stock in a chunk and cause it to collapse rather than sell it is smaller lots and hold the price but it has happened and I witnessed the rise of a doomed stock. We can do the same here but I cannot do it alone. I will feed you the information as I get it. If you need some research let me know and I will get it.
Now this stock has the perfect setup for a long term run. It has a super low float. Great looking chart. The management has the right stuff. Perfect business for the time. What more could you ask for?
Now for some ground rules for the board. No wining, sniveling or bashing. I don’t care if you are down 50%. We will bring it back 100% so you are even. We will move past that mark easy and into Pennyland and beyond. This has potential for big boards. So get your heads screwed on right. Think positive. Post, post and more posting. Did I mention posting? We can and will build this stock to what it is capable of. After we have done our job here we will move to the next one and do it again. Have the faith and we will succeed.
I have a long weekends worth of work and research to do. Stand with me on this and watch this dude scream out of the gates within the next few weeks if we all do our work. Might I advise loading for yourself before we make this run?
Hope everybody got in on some cheeps today. This thing will, I repeat, will come back.
agree just the beginning of a good run.
I think she will settle in at .0013 for close. Now don't get disheartened. That leaves room for growth next week. Could even add to the stockpile and clean up on Monday. .0014 + 30% = .00182. Not bad for settin on it for the weekend.
Ask to be a mod. Nothing stopping you and I will pitch in and give you a hand.
Evader (PC) (EVDR)
$ 0.0007 ? 0.00 (0.00%)
Volume: 3,580,911
Share
Bid Ask Last Traded Open Prev Close
0.0006 0.0007 1:16:16 PM EST 0.0006 0.0007
Day's Range 52-Wk Range Avg Volume EPS P/E
0.0005 - 0.0007 0.0002 - 0.0038 21.63M N/A N/A
Market Cap Outstanding Float Dividend / Yield Ex-Div Date
760,019 950.02M N/A N/A N/A
Short Interest Short % of Float Insider B/S Inst % Owned Exchange
N/A N/A N/A N/A USOTC
Support 2 Support 1 Pivot Price Resistance 1 Resistance 2
$ 0.0004 $ 0.0006 $ 0.0006 $ 0.0008 $ 0.0008
Now that is a hoot. Maybe you are right. At any rate this stock will move on anything. Just never know when.
Press releases for Jun and Jul 2012
E-Waste Systems, Inc. Adds Industry Veteran Steve Manning to its Advisory Board
ANN ARBOR, Mich. and LONDON, June 21, 2012 /PRNewswire/ -- E-Waste Systems, Inc. (OTC BB: EWSI), an electronic waste recycling and reverse logistics services firm, is pleased to announced today that Mr. Steve Manning has joined its Advisory Board.
Mr. Manning is currently Chairman, President and CEO of ReCellular, Inc., recognized as the world's largest recycler of cell phones in the world with over 4 million handsets processed annually. Manning brings over 30 years of experience to E-Waste Systems and is a respected industry thought leader and an expert in e-waste management. Prior to ReCellular, Manning served as Senior Vice President of Strategy, Marketing and Business Development at Solectron Global Services, a 10 billion dollar electronics manufacturing and supply chain management firm, where he built and led a team with a strong focus on reverse logistics and service management. Prior to Solectron, Mr. Manning was founder and served as CEO of Sequel, Inc., a third-party reverse logistics provider to the computing, networking and storage industry which was subsequently acquired by Solectron in July 1999. Previous to Sequel, Manning provided executive expertise and leadership to several multi-national corporations such as AT&T, Memorex/Burroughs and Rockwell International among others. Mr. Manning holds Bachelor's Degrees in Economics and Finance from the University of Nebraska, and is a certified public accountant.
"Steve brings a tremendous amount of industry knowledge to our Advisory Board," said Martin Nielson, CEO of E-Waste Systems. "As we continue to identify and convert the significant opportunities we have in front of us, Steve's experience will be of great value to our Company," added Nielson.
"I am honored to be asked to serve on E-Waste System's Advisory Board," said Manning. "I look forward to working closely with the team on strategic initiatives, business development and guidance on the growing e-waste infrastructure. It's an exciting company with a critical mission."
EWSI's Advisory Board has been established and will continue to expand to include CEO's from a variety of end-of-life electronics service providers which operate in multiple countries, plus executives with significant experience in recycling engineering, reverse logistics market research and consulting. The Advisory Board will play a vital role in guiding the Company's future expansion and execution of its business plan. Members of the E-Waste Systems board of advisors will be bound by its policies including the Code of Business Conduct and Ethics; Insider Trading; Confidentiality and Non-Competition.
E-Waste Systems, Inc. Signs Letter of Intent for Strategic Multi-Facility Acquisition
Closing is scheduled to take place prior to year-end 2012
LONDON, June 20, 2012 /PRNewswire/ -- E-Waste Systems, Inc. (OTC BB: EWSI, the "Company"), an electronic waste recycling and reverse logistics services firm is pleased to announce today that it has signed a non-binding letter of intent ("LOI") to acquire an end-of-life electronics company with operations located in the Southwest, Central and Western regions of the US as part of its strategy to become a global leader in the $55 billion e-waste services industry.
Martin Nielson, CEO of E-Waste Systems, Inc. states, "We are excited in taking the next step with this planned acquisition as they have a respected presence in three very favorable geographic locations with total operating space of 125,000 square feet, enabling us to expand immediately within each market. Their customer base parallels our model with a favorable mix of OEM manufacturers, government institutions and corporations and they possess both R2 and ISO certification. This LOI, combined with our recently announced pending acquisition in the southeastern US, is part of our overall goal of becoming a market leader in the fragmented, multi-billion dollar electronic waste industry."
The acquisition target is profitable and is realizing significant growth under its existing team of quality executives. The intended acquisition will provide complementary services, geographical advantages and a customer base which matches the Company's strategic emphasis on servicing OEM's, major retailers, large corporations, and government institutions in its goal of becoming a leader in the rapidly expanding e-waste services industry. This LOI requires that the names of the target be kept confidential to protect customers, suppliers, and employees, but will be announced as soon as the definitive agreement has been executed. Due diligence has commenced, definitive agreements are pending and closing is contingent upon, among other items; completion of two years of PCAOB qualified audits, which are nearing completion.
Electronic Waste
Electronic waste, or e-waste, refers to electronic products that are discarded by consumers. These include a wide range of items, such as televisions, computer/peripherals, audio/stereo equipment, VCRs, DVDs, video cameras, telephones, cellular phones and other wireless devices, fax/copy machines and video game consoles.
According to the EPA, various reports in the United States have stated that electronic waste is growing 2-3 times faster than any other waste stream (i.e. paper, yard waste), with a majority of the waste coming from large businesses and institutions. With the continuing introduction of new and enhanced electronic components, hundreds of millions of obsolete hardware devices will be entering the waste stream over the next 3-5 years. For more information, visit the EPA's eCycling FAQ's page, www.epa.gov/epawaste/conserve/materials/ecycling/faq.htm.
E-Waste Systems (EWSI) Announces It Has Signed A Letter Of Intent For Its Lead Acquisition In Southeast USA
Closing is planned during this year
Press Release: E-Waste Systems, Inc. – Thu, Jun 14, 2012 8:15 AM EDT
LONDON, June 14, 2012 /PRNewswire/ -- E-Waste Systems, (EWSI), is pleased to announce today that it has signed a non-binding letter of intent (LOI) to acquire an end of life electronics company in the Southeast USA, as part of its strategy to become a leading provider of e-waste services around the globe.
Martin Nielson, CEO of EWSI states, "We are very pleased to have signed the letter of intent for this acquisition. The services, location, customer base, qualifications and team that make up this target will provide us with a solid entry into this important region."
The target is significantly profitable and EWSI expects that they have the ability to sustain their growth as a key part of EWSI's plans to establish itself as an important player in this 55B dollar industry. Upon completion, this acquisition would provide complementary services, important geographic location and a customer base which closely matches EWSI's strategic emphasis on servicing OEM's, major retailers, large corporations, and government institutions. Operating from 25,000 sf of modern space, the target delivers an array of end of life services with solid pending credentials, including R2 and ISO. This LOI requires that the names of the company and the terms of the deal be kept confidential to protect customers, suppliers, and employees, but will be announced as soon as the definitive agreement has been executed.
Due diligence has commenced and definitive agreements have been tendered. Closing is contingent upon, among other things, completion of two years of PCAOB qualified audits, which are being commissioned. Management plans no immediate changes in the operations or workforces for the target company and expects it will be business as usual in the meantime.
E-Waste Systems (EWSI) Announces That Larry Magor Has Been Elected Chairman Of The Board
Former NYSE Chairman To Lead EWSI's Plans to Relist and to Elect another Non-Executive Director
Press Release: E-Waste Systems – Wed, Jun 13, 2012 6:00 AM EDT
LONDON, June 13, 2012 /PRNewswire/ -- E-Waste Systems, (EWSI), announced today that Larry Magor has been elected chairman of the board of directors effective immediately.
Martin Nielson, CEO of EWSI states, "I asked Larry to consider this role and am thrilled he has accepted it. With our recent hiring of Oracle Capital as lead investment advisors and Larry in this role, we have dramatically added experience to our team that will be a great help in executing our strategy and uplisting our stock. His NYSE and multinational CEO experiences are extremely valuable to us and we think this is a great fit."
Mr. Magor joined the EWSI board in July of last year and has chaired the independent audit and compensation committees since then. Previously, he was CEO of Biwater, a multinational water and waste treatment company based in the UK and was chairman of Netherlands based Cascal leading up to and after its flotation on the New York Stock Exchange. A Chartered Management accountant, Mr. Magor previously held senior finance roles with Courtaulds.
EWSI's management has stated it plans to re-list the company's shares on an exchange as soon as it qualifies and the election of Mr. Magor to the chairman's role, plus the planned election of another non-executive board member are both expected to enhance that effort. NASDAQ's recently announced BX Ventures exchange, for example, requires a majority of independent directors and an independent audit committee.
Larry Magor stated, "I appreciate the support of Martin and the rest of the board in appointing me to the role of Chairman and I look forward to helping guide EWSI to its goal. EWSI is in 'the right place at the right time' and with the recent appointment of Oracle Capital and the impending acquisitions we are confident of a successful execution of our strategy."
E-Waste Systems Announces Readiness to Proceed with Next Steps in Strategy
Press Release: E-Waste Systems, Inc. – Tue, Jun 12, 2012 3:45 PM EDT
LONDON, June 12, 2012 /PRNewswire/ -- E-Waste Systems, Inc., (EWSI), a corporation created to acquire and integrate elements of the electronic waste industry through acquisitions, implementation of business development initiatives and the promotion of Fair Trade e-waste solutions, today reaffirmed its first annual state of the company.
Martin Nielson, CEO of E-Waste Systems, states, "EWSI was created with high expectations, to address the socially responsible need to provide global e-waste solutions which protect the environment and do so in a manner that financially benefits our company's stakeholders and customers. The e-waste industry is ubiquitous and grows substantially every day."
Nielson continues, "Most see this market on a localized or micro basis, but we look towards old cell phones or iPods and see a market on a global scale. The electronics industry knows no national boundaries. The millions of tons of e-waste generated globally represent, on the one hand, dramatic value in the form of recyclable materials, repurposed goods, precious metals and potential new raw materials. On the other hand, if not processed properly, these items will have a massive, negative effect on the Earth and will be a waste of precious resources."
EWSI's core strategy is designed to address this mix of opportunity for reward and environmental responsibility by consolidating key elements of this highly fragmented e-waste industry. The company seeks selective acquisitions and partnerships led by executives whose teams unite complementary services and necessary geographies together with an excellent customer base. EWSI expects to leverage these companies by implementing new business development initiatives and embracing Fair-Trade E-Waste recycling principles.
In the 1st quarter of the year 2011, E-Waste Systems, Ltd. was established as a wholly-owned subsidiary of the public company, which was at that time a fully compliant, pristine shell entity. In the 2nd quarter, previous management resigned from the parent company and EWSI's current management began to assume control. The parent company name changed to E-Waste Systems and its new trading symbol became EWSI.
In the 3rd quarter, the company's acquisition program was launched and resulted in EWSI's initial purchase of a young Ohio company, in the 4th quarter. The brief period from acquisition to year end resulted in $125K in sales at 56% gross margin, while the full year showed $575K in sales and was profitable on an operating basis. During the months of December 2011 through March 2012, EWSI largely halted operations to implement new production and accounting systems, to transition the operation to a new location, and to hire new staff. The company also executed a number of smaller financial transactions, including converting previous obligations to equity. In the second quarter, it retained Oracle Capital's cleantech team under the dual roles of M&A Advisor and exclusive Placement Agent.
The losses incurred in its first fiscal year of operation and YTD 2012 are related to the costs associated with the start-up, including the hiring of professional advisors, board members and executives, which are key to implementing EWSI's strategy. The appointments include: Steve Hollinshead (CFO), Susan Johnson (Secretary, Treasurer and VP Admin); Paul Haft (COO, EWSO and VP Group Operations); Peter Munday, (NED); Larry Magor, (NED and Chair of the Comp. Committee and Nominating Committees); lawyers, auditors and other advisors in the U.K. and U.S.; and executive consultants Rick Fine and Ghassan Saade. All of these individuals possess significant industry experiences and you can read more about each of their backgrounds on the website.
By completing the Ohio acquisition, EWSI converted from shell to trading status and attained DTC/DWAC eligibility. EWSI also agreed to buy out the earnout payment of the sellers of the Ohio acquisition. With the recent appointment of Oracle Capital the basis for building the business is in tact and management looks forward to bringing in the capital resources necessary to implement the next key elements of the strategy.
NITE is a market maker. NITE and VERT are usually holding stocks down. They buy big on the cheep and sell high. Although if you put in an order and the order pops up on the L2 this will tell you that they are not holding anything back. Just hate to put in an order just above bid to find out. Here is a link to the market makers.
http://www.otcmarkets.com/marketActivity/market-maker-info
Wish I knew what NITE was holding. If he gets out of the way we should be good. At least VERT isn't here.
EWSI Acquisition Process. More good Reading.
Through acquisitions, E-Waste Systems, Inc. intends to achieve the following key objectives:
•Expand infrastructure and local processing capacity
•Complete a nationwide presence in each country that it enters
•Increase penetration into key customer segments: OEMs, multinational corporations, major retailers, and government
•Expand the influence and depth of the E-Waste Systems, Inc. management team
•Realize natural synergies in sales, margins, and quality
•Achieve best-in-class integration of services to stand out from the competition
•Achieve up $200+ million in profitable sales within 24-36 months
Achieve Strategic alliances will play a key role in the Company's strategy, particularly in the capitalintensive end processing and recovery of precious metals. To achieve these advantages, E-Waste Systems, Inc. will pursue a systematic acquisition process. This will involve selecting acquisitions according to a pre-defined set of criteria, conducting due diligence, making the acquisitions, integrating them into one company, and working with managers of acquired businesses to realize synergies.
EWSI Forward looking statement. Good read.
E-Waste Systems Incorporated
OTCBB: EWSI
Winter 2012
PUBLIC BUSINESS PLAN SUMMARY
Forward-Looking Statement:
Herein, regarding EWSI’s future results or actions, the words “anticipate,” “believe,” “estimate,” “may,” “intend,” “expect”,”plan”, etc. are’ forward-looking statements’ within the Private Securities Litigation Reform Act of 1995, the Securities Act of 1933 and the Securities Exchange Act of 1934 and are subject to risks, uncertainties, and other factors that could cause actual results to differ materially, including, but not limited to, future capital needs, changes, delays, or market acceptance.
Background
In the US alone, reverse logistics has become more than a $100 billion annual business with Third Party Logistics Providers (“3PLs”) capturing up to 7% of an enterprise’s gross sales, totaling roughly 12-15% of the profits in the electronics industry.1, 2 This does not include the vast majority of recycled or unwanted electronic goods that are flooding the business-to-business (“B2B”) marketplace such as new updates in software, hardware, smart phones, and tablet computers. Furthermore, as environmental legislation and policies place more stringent requirements for the disposal of these items, in addition to the monopoly that China has on the rare earth metals and huge demand for raw materials and precious metals that are needed for new technological products, the price and size of this market is forecasted by industry financial researchers, analysts and practitioners to grow dramatically in the next 5 years 3.
This industry has been fragmented as regulation across states and international borders is inconsistent and viewed with uncertainty as the cost of precious metals and other commodities have been historically low as recently as 2008/9 4. Most 3PL’s and Waste Electrical and Electronic Equipment (“WEEE”) processors are small companies, running at modest levels of revenues and profits. EWSI’s research indicates that the largest company in the market probably has no more than 3% market share. The universe of OEMs is highly fragmented. EWSI management estimates that there are more than 50,000 manufacturers worldwide (17,000 in the US alone) with average revenue of $25 million per company.5 EWSI believes that a significant opportunity exists for its experienced and knowledgeable management team with strategically placed networks to consolidate and become a leader in the industry.
E-Waste Systems Incorporated (“EWSI” or the “Company”)
E-Waste Systems, Inc. is driven to build a market-leading, integrated business in this emerging WEEE industry, targeting organizations facing a mix of regulatory, environmental and price pressures and increasing awareness of the need to protect their own brand names in the handling of their e-waste. EWSI plans to execute its plan via parallel methods. First, it plans to integrate and take advantage of the operational experience and customer relationships of current incumbents through acquisitions.
The successful completion of acquisitions will then be augmented by the expertise and experience of the EWSI senior management team, particularly in the application of scale cost reductions, business development and technology implementation.
In parallel, it plans to implement a Fair Trade E-Waste program using Greenfield sites through which the services are delivered via integrated e-reverse logistics and e-waste recycling plants. This is designed to provide businesses and governments with the reassurance that end of life waste treatment will be done according to the WEEE Directive while delivering compliance certifications directly to business clients.
EWSI intends to leverage and extend the established customer relationships of the companies it is able to acquire by standardizing the services offered to all of its customers, applying best practices in
professional management, and by investing in state-of-the-art recycling technology.
The Business Model
The growth elements of the E-Waste strategy comprise the successful implementation of the following four key activities:
Expand the Platform by Acquisition: Critical mass will be targeted through the pursuit of acquisitions in the USA, UK, continental Europe, and the Americas. The acquisitions are expected to be profit centers with local brand value, experienced management teams, and solid commercial relationships with clients of strategic interest to EWSI. EWSI will expand the service offering of the acquired companies to be an end-to-end supplier in reverse logistics with a trusted brand and global reach.
Implement Thought-Leading Business Development Initiatives: The Company will target key customer and market segments by leveraging its own network of contacts and those that it expects can be the most dramatic and important sub-markets for end of life electronics. The Company will also partner with high quality, like-minded companies to achieve a larger global footprint with minimal capital outlay to support the business development initiatives.
Integrate Management Systems & Controls: Professional management practices and modern systems are planned and ‘growth as a core competency’ will be established among its people. Compliance and certification across all platforms will be a critical issue as the WEEE Directive and US State and EPA regulations become enforceable. EWSI will seek to establish the appropriate level of best practices across its platform in this regard. Brand and data protection are increasingly top of mind for corporate purchasers of electronic equipment and this is expected to be a prime solution set.
Invest in CAPEX and Fair Trade: As volumes of inbound tonnage become predictable, the Company will upgrade owned operations using state of the art engineering, and or will open new and/or Greenfield sites which employ Fair Trade principles.
The Company completed one acquisition in Ohio during Q3 2011 and is in serious discussions with others who are interested in becoming partners in the Company’s strategy.
Management Team
Executive Team
• Martin Nielson, CEO and Director: Nielson is a senior executive with extensive experience in operations and mergers and acquisitions, with over 30 years of experience gained by holding executive and advisory positions for well-known companies such as the Gap, Businessland, and Corporate Express. He was previously founder of Global Electronics Recovery, and before that, CEO of Encompass Group Affiliates, and during his stewardship negotiated the acquisition of more than $100 million worth of businesses in the electronics reverse logistics industry. While with Businessland and Corporate Express, he helped build these companies by organic growth and by acquiring and integrating many companies throughout the United States and Europe.
• Steve Hollinshead, CFO and Director: Hollinshead, a chartered accountant, is a senior financial executive who was most recently Group Finance Director for Biwater, a multinational water and waste water treatment based in the UK. He is experienced in US GAAP, UK GAAP, IFRS and has managed the financial affairs for companies around the world. As part of his Biwater responsibilities he and Larry Magor worked together for many years, including completion of an IPO for Cascal on the New York Stock Exchange.
• Paul Haft, VP Production/Operations and COO EWSO: Haft was a member of the founding management team at two Ohio based electronic waste companies, including Ohio E-Waste and Tex-Mex Recycling, where he most recently served as Vice President. Previously, and contemporaneously, he was an executive with TechnoPlas, a plastics specialist company. In these companies he held
numerous executive roles in their development and growth, including marketing, operations, international business development & sales, environmental program design, systems development and financial analysis. Among his accomplishments were: the design of programs and proposals to serve 85 Fortune 500 companies; oversight of all aspects of opening and operating new plants; and oversight of ISO certifications.
• Carolyne S. Johnson, Secretary/Treasurer to the Board and Vice President EWSO: Johnson was the President of CSJ Solutions, LLC, a company that assists new companies to incorporate in the various states and is resident agent for many of them in the State of Nevada. Johnson has over 43 years of experience in the industry. She worked at Language Access Network, Inc., a publicly traded company, as in-house legal professional and had a similar capacity with Capital City Energy Group, Inc. For the last 12 years, she has specialized in corporate and securities work and has attended coursework with the SEC Institute.
Non-Executive Board
• Peter Munday, Director, Legal Affairs: Munday practiced law for over 40 years before retiring from his namesake firm, Mundays Solicitors, in Cobham, Surrey in 2007. A Corporate Law specialist for most of his legal career, he advised blue chip clients from the UK and US in mergers and acquisitions and corporate financing, having personally completed over a thousand acquisitions. Munday founded and is chairman of the Cicero League of International lawyers, with member firms in over 30 countries around the world.
• Larry Magor: Chair, Audit and Compensation Committees Magor is an executive with vast multinational experience in the environmental water and waste sector and has extensive experience in public companies, including an NYSE IPO. Prior to his appointment to EWSI's board, Magor spent 16 years with the Biwater group, most recently as Chief Executive Officer. He also led the successful IPO and served as chairman of the New York Stock Exchange listed Firm, CascaI, a subsidiary of Biwater. He was a member of Cascal's Supervisory Board since its formation in 2000 and was an Executive Director and Finance Director for the parent company and various subsidiaries. Prior to joining Biwater, Mr. Magor was the Financial Controller of Corah Plc a fabric and garment manufacturer, and the Finance Director of Burlington International Group Plc, a footwear manufacturer. Earlier in his career, Mr. Magor served in various divisions of Courtaulds, the large textile group, including the position of Financial Director of its Aristoc division.
Financing
The execution of E-Waste’s business plan is dependent on its ability to secure additional financing. E-Waste is currently seeking additional funding in order to execute its acquisition strategy and to expand the business development portion of its platform. There can be no assurance that such funding will materialize.
References
1. Malone, Robert. “Reverse Side of Logistics: The Business of Returns” Forbes Magazine March 2011
2. Blumberg Associates
3. Livingstone Report, Cleantech Group
4. IndexMundi’s 10 year chart demonstrates a significant dip in commodity prices during the 2008-2009 timeframe. http://www.indexmundi.com/commodities/
5. http://www.census.gov/epcd/www/pdf/ec97kit1.pdf
Contact:
Martin Nielson, Chief Executive Officer
mnielson@ewastesystems.com
Might just need some posting on other boards. This should break to at least .05 easy.
Look at it and think about it. It is holding steady in the .0006-.0007 range and has been for a while. It is just setting up for the next promo. Some things you can do to get this thing jumpstarted is post about it on other boards. State facts about the company and generate interest. It is pretty simple. It is your investment so take charge and make it work.
nope buy on dips and sell the same day for 20 to 30%. Hold a few free ones and keep adding.
That is what I am talking about.
MM's are playing with us. Wanting to keep the price in a range. Look at the dip at .0211 for 2500. Before .027 @ 100 and after .0269 @ 101. They are fishing. Just hang on. Might be oversold but it will come back hard.
That is their game. They weed out the weak this way.
Look they have to pay for the new business and to do that they use tactics like this to drive it down. They have made the profit and now they are trying to buy it back.