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Once those 1M bid sitters start seeing 2’s getting hit hard they are going to chase. The best bet right now is to hit the ask
CNXS is bringing their filings up to date. This should start to run real big. Going for uplisting nice.......
Go CNXS!!!!
Nice bid this morning. I think things are going to heat up fast. MM’s trying to entice any sellers before this next move UP
At least we are getting volume. Price will come once volume rises. This is good
Ok we are supposed to see earnings from EA for last qtr. let’s see what the have to offer, it better be good
Merry Christmas to all EAIN longs
I sure hope it’s some hidden message in that “ready for take off” msg ;)
This guy is all over NAK right now, I guess it’s let’s get it while the gettin is good. But once any other news comes out this would rise and he will be gone for a few days.
Well company did say they will apply for permits eoy and a partnership was going to be established first. There is a partner and they come with start up cash for NAK. So I agree with your statement that permit news should come either this week or next.
With the silence around here from management they are going to mess around and not get any attention once they do announce any news. They seem to be left in defunct but we longs know better. The problem is we will need new money to get this going and the silence drives away any would be investors. This is kind of ridiculous at this point. Why have a public company and keep the business details private?
I personally thing it was done at that ratio keep the volatility at a minimum while they implement their strategy. There was/is absolutely no need to have a float of 75k.
I only hope there is a mean to the madness.
Stock to get $37M in five days and it goes down? I know it’s not what ppl was expecting but doesn’t warrant this drop. Will hold and see what happens
We all know what happen the last time we saw the float locked. Went from .03 to .13.
Trump sure is pushing to roll back regulations in all areas. NAK is definitely a go. They will be allowed to apply for permits and when NAK do it will get approved. So potential partners will see it as a no brained unlike a few years ago.
Starting to think there are multiple partners being considered right now. That is the hold up in announcements.
I have been keeping an eye on the price per share since the split.
Couple things to note:
History shows that after a huge RS have come a FS about 2months after.
We have remained over $5/sh for for over 30days already. I think that’s one of the qualifications to meet on nasdaq or NYSE + financials have to be at a certain value. (Board members can find that in a heartbeat if needed). This means uplist to big boards qualification should be already met.
OTCQX uplist is relatively simple at this point
At a price over $5/sh, institutions are able to buy securities of EAIN.
All in all we are sitting pretty right know. Waiting for more goodies to come from EA. I think the best of things come in early part of Q1.
I agree Punisher, anytime we see aggression in L2, we get some updates. Fully expect to hear something more brown tonight and Friday.
Float is way to low right now. Now that I think about it, it probably was done on purpose to minimize volatility. This shut down the selling once split was completed. Now while we are at a calm, the mechanics are working. I believe we will see a forward stick split to make the Float much more reasonable and that would be mean the start of our move up higher. News will come, higher exchange will come and hopefully the buyout will come.
That would be great if U-Mobile was to buy out EA. They are a serious company in Malaysia with revenues of $1.84B (Malaysia) $583M US.
I guess now we wait for forward split news now LOL. I don’t know anymore. But some of you guys have it down pact and know the exact process for reverse mergers. You guys call it and it happens (in its own time). So what should we expect next, what’s gonna get this jumping.
Ohh yeaaahhhh!!! Let’s see what happens now
I don’t know who is MM EDGX but they are the one that held the 1.85’s. Good for them
I mean really, it’s been a sea of red for over an hour WTH. Good thing 1.85 seems to be sucking it all up. Controlled selling? I hope it’s not what I think it is :(
Based on the company’s history of releasing news. We are on track to get some either today or tomorrow
Good Morning and welcome to our new ticker EAIN, let the games begin
I agree it almost never turns out how we think it would. The difference here is that we have a CEO who is aware and speaks publicly that the company shares are being shorted heavily. I don’t know but if I was that CEO I would do everything I could to stick it to the shorts and hard. So we might come out smiling on this one :)
Funny, it shows on Fidelity but does not in TDA. last on TDA is 5.9
Great find Punisher, I was in OTC last night but did not catch that. This is good news. The bid is up above the ask right now. What’s gonna jump start this???
I saw that, looks like they want to jump start this. They can’t make any money if no one buys and sells
Kindly share that email for all of us, if you don’t mind
Pruitt better make sure this happens or he is gone like Tillerson and the others that didn’t meet the challenge to roll back an Obama event
I agree with you 100%, I’m sure management is not going to jump on the first investment that comes knocking. Making the best and most promising deal is what’s in focus behind closed doors and imo it is reason for the delay in announcements. I do expect to hear something in the next week or two at the latest.
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“The reason for the holdup is that there have been multiple interested partners for partnership/buyout, so "advanced negotiations" have taken longer. “
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ARCA is a huge MM who is on most big com companies stocks. They will either help with the run on BDGN or short it to death. It is a very big deal to see them hear. The price has remained over $5 since its split. It can be very positive if it stays and closes above $5 for another week. After that, with the filings done and up to date EA can choose to uplist to a higher market. Big institutions can then buy as the stock is over $5 and EA can start to release the PR’s they were holding back. The next filing will be about EA and not the old company. This should start heating up here fast
I would be more looking for a news announcement after hours tomorrow. That would be such a great set up.
Gap and run Wednesday and then squeeze on Friday (half day trading) as most of the professional shorts would be on holiday. After a nice two day run professional shorts would be back on Monday and after the early morning spoke then shorts may come back in for some profits.
NAK please deliver after hours on Tuesday. If it doesn't happen then it's cool til whenever they do. I would just like to see an announcement that can cause the most squeeze out of this ;)
I am happy to know that EA management is atleast responding. I emailed the CEO on Wednesday and again today. I just received the response below. I guess they are working on a structure and will update us soon. This is further confirmation that they acknowledge the connection and am excited to see what's ahead.
P.S. he also CC'd the Secretary/Treasurer Kewell Yap on this email.
Hi Cxxxxxx,
Thank you for your email and the interest in EA. The corporate exercise is still WIP, we shall revert to you once we are ready.
Regards
Loke
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Hello Mr. Siong,
This is just a follow up message from my previous email. If there is any message you can provide regarding EA/BDGN it would be greatly appreciated to me and our team of investors.
Regards,
===============================
Hello,
I am a investor looking for more information about Enabling Asia and its affiliation with stock symbol BDGN. Our team of investors would like to know if you will be announcing earnings anytime soon. We would also like to see an update from the company addressing its shareholders and its plan for the future. We would like to grow with you in this opportunity but our investors will need to know that you value your shareholders as CEO. Please get back to me with any details. I patiently await you reply.
Sincerely,
Cxxxxxx
Somebody posted a couple days ago and showed the company been thru several RS and also FS in short periods of time. I think we may see that again. My reasons for this is that first of all the Float has no real reason to be this low. So if this does run and get to say $70-80/sh it would limit a portion of investors as a lot have developed a trading range and $80/sh may be to high. So now do a FS to lower the price for more room for uptrend. Those of us who are still holding will have even more shares and if EA is really showing strong earnings then it should go higher along with our shares.
Think about it all the DD and growth that was able to be dug up by people here alone, could you have imagined if it was the company PR'g that info? I think EA has a wealth of info they can PR to prop this stock up for months. We are still in play here. Everything we discussed pre split is happening. The only difference was this split that caught all of us off guard. But the board has done excellent DD to find out a lot of info the company did not tell us. If that's the case then there is still a lot of info we mentioned that is yet to come. We may go higher and faster now that we are in dollar land. We will be able to pick up the big money players who do not like to buy pennies.
Good Luck and Go EA / BDGN!
Would be nice if we could keep this price up above the $5 mark for a month or so. Institutions can then get onboard and if that happens oh boy.
Back to reality...lol well run up in anticipation of news or earnings brought us to $39 post split. It EA announces good earnings then we can be back there very quickly on 75k float.
We are trading ??. Volume 338 as of this post, price $4.99/sh
Yes a RS is almost guaranteed after a RM but because the Float was already so low I gave them the benefit of the doubt that they would not. I mean come on 75k float why? Good thing is they can not dilute for the next year or so. If they become fully reporting I think that changes to 6months. Let's see......
This can really move if EA is serious about the company. All they have to do is do an 8k to update shareholders. This will move so fast with 75k float. Then announce earnings and it's off to the 30's 40's. Will it stay there? Don't know but it can reach there with buying pressure. BDGND is still in play but it's totally up to management now.
Will we call EA the best management or the worst management in OTC
Com'on uplist news!!!!
You can't use post RS shares with pre RS price increment. With pre RS t took almost a year to move .10 cents. With post RS this will move in .50 cent increments at each ask price