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I think they will announce it either at the same time or shortly thereafter. The idea of the sale of assets not resulting in profits is absurd imo.
The company has already said that there will be profits. I cannot imagine selling a successful company with no profits. Not going to happen my friend.
The exciting thing I find about this stock is its potential. We cannot even begin to estimate where this has the potential to go to. With a merger it could get really exciting, look at SNPK..
I would think so, and would also think that most of the retail sellers that were going to get out are out by now. Many would not have the stomach to buy in at the 20s and watch it walk all the way down to the 8s
Ya, that is why I felt a sense of urgency to buy what I did today. If good news comes out this will rocket, and I think the float will get tight in a real hurry.
I think we will all have allot of questions. Like how much will the pps go up, who will they merge with. Do you think that they will announce the sale of the assets and merger at the same time?
Impossible to know, but they must know something good is going to happen. And I agree they know something we dont.
Yes, and who would be privileged to that info??.. besides someone that either works for EVDR, or someone affilitated with the buyout on the other end.
Ya, it really makes wonder.. could it be the company? I doubt if there are any institutional buyers giving this a look at sub penny levels... Just a crazy buy.. like whoever did it didnt care how much he paid on a pps or he would have staged them.
Hope you are right my friend, still whether news comes out tomorrow or next week or next month am sure we will all profit nicely!
I will be estatic if news comes out tomorrow.. still would have liked some 9's or 10's I missed by a couple hours, but thanks!
Hope we all make some serious cash on this one! Still wondering about that big buy.. who could that be??
Let me just say, I find his assertion very humorous!
I love your comment about evdr being run by criminals. Everytime I read it now I tell you I have to laugh. It is unreal how many times you have posted that!! I think everybody has got the message by now!! LOL
Ya, I heard TD Ameritrade shorts penny stocks, dont know if there is any truth to it. But would explain why they dont allow their customers to deal in pennys.
That makes perfect sense, based on my earlier assumptions of annual gross net etc. Lets see if everything is paid off and they pocket 7 mill.. right off the bat that is what..7.5 cents per share? Not including what their merger deal is worth, share buyback and so forth. Might be off, doing quick math in my head! lol
Got to run.. going to a game, have a great night all!
Also keep in mind that the timing of the release of the buy isnt up to EVDR. Normally the company that is the purchaser decides when an announcement is to be made. They want to make the biggest impact on thier stockholders, press release.... and such. I know that the company that is making the purchase is a publicly traded Indian company, but think they would want the same.
I am guessing that a time frame that we will hear from the company based off of their release Jan. 13th. Normally a publicly traded company that buys out has several steps to the buyout. Due dilligence includes a certified audit of all assets, accounts recievable and payables. With accounts payable being the last step. With EVDR announcing that they had a buyer on Jan 13, I would imagine that a price was agreed upon, certified audit completed as well as accounts recievables. Probably at that time the purchasing company wired a downpayment to EVDR. The balance will be sent when they review the accounts payable. Based on their auditors actually looking at all the payables that come in over the next 30 to 45 days, whatever their payable cycle is. Normally it is 30 days.. but not etched in stone. So I am thinking we could hear something any time.. or possibly not until the first of April. Just my guess based on personal experience from selling a private company to a public one and what is normal protocol.
Thanks struc! And you are right of course, unless I see it at 0.009 tomorrow! LOL
It's all about timing isnt it? LOL
Well you might get another shot here later in the week, who knows? That big buy that came in just made me jumpy to buy! LOL
ha! you are right, but you know.. somehow I am always kicking myself when I dont buy close to the bottem.. in this case, I wanted those 9s this morning!!!
Hope you are right! Took a gamble today and bought higher than what I wanted. Again, damn Scottrade!
Great! Got another mill and a half a little bit ago, took awhile to fill though even at the ask.
Yes for sure, just wish I had a crystal ball so I could see what is going on tomorrow. LOL
Going to see if I can pick up another 2 mill at 0.0011 today. Placing the order in a minute.. see if it gets filled. If not will wait till tomorrow.
Ya, I thought of that, but surely they dont take the word of anybody on a message board! LOL
Ya, that is what I was seeing too, doesnt look like they are filling the 0.0011's either. Damn! What to do?? LOL
Still cussing Scottrade for getting my funds to my account so late. Might go ahead and hit the ask for a mill and a half or so if they dont sell here in awhile.
Bids really stacked at 0.0010, dont think I will get a buy there.. unless there are alot of daytraders getting ready to dump.
I have my eye on the ask, I am going to buy at least another mill and a half to 2 mill this afternoon. Hopefully!
Yes it was a great shot in the arm! Now we just need some good news to get us really moving!
Hoping it drops abit, still want to pick up another mill and a half at least this afternoon!
Yup! Maybe company is buying back some of those shares on the open market?
Agreed! I feel very confident about this stock or I wouldnt have bought the shares I have, think it is going to surpass atrn increasing in value on a percentage basis.
Yes, that could come out anytime. Think when they announced in January the purchasing company was in the final stages of auditing their payables, which is normally the last stage in a buyout. The contract could already be signed with the dollar amount.. just double checking their payables. Which is normally 30 days.
Hmmm.. the buying group all bought at once? Or is somebody front loading? Are you hearing of promos on Evdr for next week?
Buying must have went crazy the last hour and a half. Before I went for a run only over a million shares. So most of those 27 mill were bought since 11 45.
Had no problem getting the 2 mill filled at 0.0012. I am going to wait until the daytraders dump this afternoon to place another bid.
Will try to buy another 3 million shares at least this week unless they run the price up too high on me
Probably, just my luck. Just placed an order for 2,000,000 shares at 0.0012. Lets see if they fill me