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I wholeheartedly disagree with your analysis.
ALL scams need buyers - that’s how the scammers get rich.
Hoping hasn’t worked for anyone, maybe try wishing upon a star.
So THIS is where AW gets his PR filler!
http://www.atrixnet.com/bs-generator.html
Couldn’t be more wrong!
People bought BILLIONS of shares without knowing what they’re buying.
January saw huge volume triggered by one unverified news release, and a lot of buyers lost at least 50% because the price quickly returned to pre-release levels.
Here we are 2.5 months later and it’s STILL unverified.
200M day and it DROPPED 1/3? LMAO!
Heading back down to into the cesspool with all the other POS that Barton had a hand in.
The .0005 and .0006 buyers probably regret those purchases already.
Even MDI* ran to a penny, although though the SEC says
No one’s moronic enough to be buying millions of shares in a DEAD SCAM, so the volume is obviously shyster MM games.
What does volume have to do with price in this stock? The two seem totally unrelated.
In the first 15 days of Feb., over 10 billion shares were traded and the price went DOWN 50%.
Unwarranted volume only leads to (if you’re lucky) temporary spikes which enable flippers to make some coin before the inevitable slide.
Sometimes massive volume doesn’t lead to an increase at all, as I’ve just shown.
Once it becomes apparent the company released a fluff PR, there’s a sharp, decisive correction. Jan. 27th was very decisive - that’s when wise investors decided it was bullshit.
Any increase before a PR is verified or revenue/progress is verified is due to nothing more than speculation and hype.
Astute investors make informed investment decisions based on facts, not conjecture.
Speculators who bought .0003s and .0004s in Jan. based on nothing more than an unverified PR got royally screwed!
Those shares are currently down 66.6 to 75% (calculator worked this time).
I’d have to be a real imbecile to "grab shares now" based on nothing more than some baffling announcements trickling out of a PR dude who seems to be running what’s left of this scam.
Hang onto that hope tightly, because that’s all there is.
The company has provided no reason to believe a word they say.
They have an atrocious performance record, ZERO revenue after 20 years in business, virtually ZERO transparency, a secret "management team," a secret "merger partner," two failed product launches last year, etc. etc. etc.
All they have is this - ain’t it a beaut?
Was that sarcasm? 1k shares is "heavy volume?"
Even one share is heavy for a SCAM!
Incompetence, fraud and Eric removed the "wheels" from this POS long ago!
Hardly.
It’s not a ballgame just because someone sneaks onto the field when the stadium is closed and kicks a ball through the uprights.
There is NO REASON FOR ANYONE TO BE TRADING THIS SCAM, so it’s obviously MM games.
So if Amazon fell 1/3 in a day it would be a plummet, but if a sub-penny stock does it’s not?
It’s all relative.
Someone could just as easily have 50k or more invested here, and losing a third is substantial and alarming.
Fortunately this POS is so worthless that you can buy a BILLION shares for a measly thousand bucks!
Hmmm, is buying a scam ever a good deal if it’s cheap enough?
Nice to know there’s one person on the board for whom a 33% drop is of no consequence.
But for the vast majority of investors, plummet is the right word to use when a THIRD of their value is wiped out in one fell swoop.
Of course actual losses will vary according to an individual’s cost basis.
I suggest you use a dictionary.
PLUMMET:
decrease rapidly in value or amount: hardware sales plummeted
to drop sharply and abruptly: prices plummeted
fall, dive, drop, swoop
By those definitions the stock DID plummet.
Ahhh, I see the get-rich plan now.
Yesterday the stock went UP 50%.
Today it only went DOWN 33%.
So everyone gained 15%, right? right? right?
So they’re going to keep trying to do that every day indefinitely.
LOL
Well, the price plummeted today, that’s always a great sign in a hot stock?
Stock prices are like golf scores - the lower the better, right?
That’s why so many people think this POS is doing just awesome - it’s on par with Barton’s other scams!
And investors in the stocks Barton touched are left feeling like they’ve been run over by a convoy of golf carts.
NO ONE’S A CRITIC.
From the looks of the chart, that should be the company’s new tagline.
There was a brief one-and-a-half-month run, now it appears to be all over.
Not surprising since being associated with Barton has proven to be a cause of death for ANY stock!
One a stock has the Barton stench on it, it stinks forever - there’s no way to delouse it.
Here’s some of Barton’s shareholders and their pets on the way to the SEC to demand justice.
BEWARE OF ADAM WEISS!
He has a history of working for Barton-funded scams.
The most recent one to go down the tubes is GVS* - shareholders there are NOT happy they got royally screwed over last week.
Crooks of a feather flock together and there’s gotta be a damn good reason he’s not working for any reputable companies.
CRTC's lawyer exclusively represents Barton scams, several of which AW currently works for.
Why do you suppose that might be?
AW currently works for CRTC, GVS*, EEG*, HIR*, and they’re ALL in the shitter.
DAMN - I missed the run!
I coulda made $7.50 yesterday.
There goes that bottle of shampoo I’ve been wanting to buy.
Is it just me or is that one helluva light bulb?
Probably took them all of 15 minutes in Photoshop, and they made a buttload of money off it.
And they’ve obviously mastered the methods in this guide:
Now that they're done with those, they can start on these:
Later they can buy this one from the penitentiary's commissary:
It doesn’t matter if he’s still involved or not. Once you’ve got the Barton stench on you, it’s there forever.
The fact is he WAS involved - that’s all anyone needs to know.
If EEGI had borrowed money from Bernie Madoff, would you still want to be a shareholder?
Honest people don’t do business with crooks - why didn’t EEGI seek financing from a reputable source instead of a scumbag fraudster?
And Barton didn’t do business with anyone unless he could use it to his advantage.
To answer your question, NO - Barton is no longer involved with ANY stock, by order of the court:
Clarity on WHAT?!
Is this what you need to see?
They’re too chickenshit and too busy trying to cover their asses for that.
But there’s nothing they can do to disguise their dirty deeds, so the SEC will eventually make the fraud announcement for them.
I told ya’ll they were intentionally making the details as murky as possible to protect themselves.
Or maybe I’m just too cynical.
Maybe some fantastic company with scads of revenue really is going to swoop in and make this the Amazon.com of the indoor growing supplies industry.
In fact they have so much money that rather than just buy a shell with a clean slate and no debt, they decided to spend some of their extra cash on a real shitty one with a ton of debt. Preferably one that at one time had been affiliated with an outlaw because that’ll add a touch of danger.
And isn’t that just what you want when you’re starting a company? - a boatload of outstanding debt, a seedy past and something that makes the company appear dangerous to investors?
If not for the fact that I’ve already been through the scam mill myself, it would be unfathomable to me why people continue believing and preaching "patience" one lie after another after another after another...
It’s like some folks get issued a pair of rose-colored glasses with blinders when they buy a stock.
The glasses have pots of gold painted on the lenses and that’s all they see.
And the blinders prevent them from seeing the fraud and crumbling company that's happening all around them.
It’s sad the SEC doesn’t do their f’n job and shut this POS down once and for all!
It’s a mystery why an order hasn’t been entered against Manzo similar to the ones against Barton and Goode which bans them from trading and associating with anyone in the trading industry.
They got current for a motive, not a reason.
They were very aware that investors were apprehensive about the CE (they probably monitor this board).
And it’s difficult to entice scared people to pour their money into your phony projects.
Therefore they either doctored the books or did the bare minimum required to remove it legally.
That only elevates them from extremely shady to shady.
The fact remains that simply being current is not confirmation of integrity or transparency.
Unfortunately your assumptions are incorrect.
1. "They have to make EEGI work they went to far all ready."
It doesn’t work that way - it’s never to late for a scam to surprise everyone with a change in direction or R/S. They don’t notify investors ahead of time, they just spring it on them - one day everything seems normal, the next day BAM!
Just like GVS* did this week. They went so far as to purchase brewing equipment and had a location for the brewery before stunning shareholders with the news that they were dumping the the brewery project altogether.
EEGI has already proven they’ll change direction on a whim - they’ve done it many times throughout their 20 year history.
Recently it was tech with the bogus app, then it was a consumer safety product with the helmet, then they decided to milk the MJ investors.
2. "They wouldnt have gone current with the OTC and made statements there if they didnt have anything."
Getting current doesn’t mean much in itself - it’s not proof that everything is in order. It’s just a bookkeeping matter that eases investors' anxiety.
Barton was able to trick the DTCC into removing the chill on one stock. That’s supposed to be very difficult to do, requiring a full audit to verify that every share is accounted for.
Three years later when charges were filed we discovered that more than TWO BILLION unregistered MDI* shares had been sold by Barton.
3. Those statements you referred to are nothing more than hot air UNTIL VERIFIED. They didn’t have to say anything about the BS app and helmet either, but they did, because any positive announcement, no matter how deceptive, brings in money. By the time you find it out is was fictitious, they’ve already spent your cash.
Don’t count on the SEC, DTCC, OTC, or anyone else to protect you in pinkyland. By the time any regulatory agencies get involved, it’s too late - you done been scammed.
4. What other company was "moving to the grays?" Are you referring to HIR*? They are not involved in this prospective EEGI merger - they don’t have any revenue or capital.
But Barton did provide financing for them too, so there’s the poison that killed their chance of success.
Once you’ve got the Barton stench on you, you stink forever. EEGI reeks!