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Nice to see you here G...this will be another big win for us and all involved
I’m expecting it any day now. That’s why I’m here.
Ok once this starts rocking we will do just that
Exactly. Most companies need to print shares to fund their business. When you find one that doesn’t, you buy and hold. Period. This isn’t an “in and out” stock
It’s gonna be glorious diskman! DEAD BANG WINNER!
It’s some of the best I’ve ever seen
Thanks PB! You are my inspiration!
It’s so thin I actually can’t even believe it. Not only is it thin but any buying pressure on news could send this up .01 in a few days because of people like us holding knowing what the company is actually worth.
I live in California and I think I may try and get in contact with the CEO for an interview for shareholders. I’ve done it before in other stocks and I’ll do it again here.
It’s funny because when I first bought, I did so because of a low floater in the trips with no dilution. Then I started reading into the company and was like, wait a second here.....this company is legit and could really head back to where it came. 6$ I believe?
Thanks jack!
MR CLEANS ULTIMATE DD PACKAGE
$$$ETFM$$$
I’ve invested heavily in ETFM, and I would like to take some time to list the reasons why. I will also attempt to better explain what this company is, and where I think it is headed.
1. When researching stocks, the first things I look for are float size and dilution. Let’s start there. If you go to otcmarkets.com and search ETFM, you will see that the SS is a perfect size. I say perfect because you want a nice balance between too bloated or too thin. If the OS is bloated, it will take moving mountains to move the price. If its too thin there isn’t enough shares available to load for a big run, as well as running the risk of a steep drop from its peak.
2. The second thing I look for is dilution. We all hate dilution for many obvious reasons. For those of you that do not know, Dilution is a result of a reduction in the ownership percentage of a company, or shares of stock, due to the issuance of new equity shares by the company. Dilution can also occur when holders of stock options, such as company employees, or holders of other optionable securities exercise their options.
ETFM SECURITY DETAILS:
Outstanding Shares
655,064,144
02/08/2019
Restricted
205,758,278
02/08/2019
Unrestricted
449,305,866
02/08/2019
Held at DTC
392,027,617
02/08/2019
Float
22,521,584
01/09/2017
As you can see above, the unrestricted shares read’s 449 million. They also list the tradable float at 22 million. I can’t be sure that this is true. I operate in full transparency, and anything I write about is what I BELIEVE TO BE TRUTH. I’m not a pumper. I’m a researcher and I believe that being honorable is more important than being rich. With that being said, the tradable float IMO is 449m.
So 449m. Like I said, perfect float.
Now back to the dreaded dilution. We know there is no dilution in ETFM because they have a verified transfer agent. Incredibly, ETFM has chosen to update their SS WEEKLY. What you must understand is most companies trading these ranges GAG their TA. The reason for this is to hide diluted shares being printed. HUGE RED FLAG. Fortunately, there is no need for concern because the SS remains the same week in and week out. Notice the dates next to each line item on the security details list. HUGE GREEN FLAG.
3. NO TOXIC DEBT! This is another big one for me and it should be for you too. A lot of times in penny stocks there are convertible notes that have extreme conversion rates to enrich their holders. None here. Another HUGE GREEN FLAG.
The reason for this is because we are already being funded by the Yancheng Municipal State-Owned Asset Investment Group, Co. Ltd. (YMSIG), an investment and property development company founded by the Yancheng Municipal Government. Earlier this year, YMSIG also purchased Jiangsu Aoxin New Energy Automobile, Co. Ltd. (Aoxin Automobile) from Dongfeng Motor, Co. Ltd. YMSIG has made major equity investments in the real estate, finance, engineering, culture, science and technology industries in the Yancheng, Jiangsu Province. State-Owned investment group sounds great to me.
4. SOLID MANAGEMENT TEAM!
2050 Motors management team includes PhD's and industry executives with significant experience in the automobile, energy and business sectors in the United States and the international arena. Their experience includes offers a wide range including the following:
1) The 2050 Motors team includes personnel that set many world's records for electric automobiles between 1992 and 1998; assembled and sold electric vehicles to the US market; and achieved the first crash test of an electric vehicle in the United States in 1994.
2) The 2050 Motors team has provided significant technology transfers from 2050 Motors to its international partner, Aoxin Automobile.
3) The 2050 Motors team has extensive experience in building and producing composite and electric automobiles.
4) The 2050 Motors team understands the electric vehicle and hybrid market in the United States from direct sales experience.
Bernard Schaefers, Senior Vice-President of Marketing (Board Member)
Bernd Schaefers is a veteran self-made businessman with over 40 years of work in the media industry, including over 20 years in the advertising and marketing sector. Mr. Schaefers has been the owner or co-owner of very successful advertising businesses and movie production companies, such as Interteam Productions and Constantin Films which produced the films: "The Never-Ending Story", "The Name of the Rose" and "Never Say Never Again". His advertising client list included Lufthansa, Shell Oil, Polaroid, Reynolds, Audi and Volkswagen.
Mark Edwards, Ph.D. is a Mechanical Engineer trained by the U.S. Naval Academy and received his doctorate degree in the areas of marketing and consumer behavior. He has taught at Arizona State University since 1978. Mark Edwards has written many books and articles and a noteworthy award winning Green Algae Strategy Series which focuses on sustainable and affordable food and energy, (SAFE) production. His books are used in colleges, universities and institutes in over 26 countries for courses in biology, botany, biotechnology, environment, sustainability, energy engineering, world future and global hunger. Green Algae Strategy won the 2009 Independent Publisher Gold Medal for "Best Science Book."
5. FUTURE PLANS:
Its always good to have vision when investing and being able to see the news coming before its too late. There are a lot of massive catalysts on our doorstep including the following:
2050 Motors has extensive business plans, projections, business strategies, marketing programs and complete market profiles to compete with existing automobile companies. However, there are two important market strategies that we would like to review in this Executive Summary.
1) Unlike other electric automobile companies, including Tesla Motors, who required millions or billions as initial capitalization to design and create their cars, to produce prototypes and build automobile manufacturing facilities; 2050 Motors has virtually no liabilities and very minor components of overhead. This is true because all the money for the design of the e-Go EV, as previously stated, was done by other companies. The e-Go EV manufacturing plant in China, which is state-of-the-art, was also funded by our Chinese partners. 2050 Motors is entering the marketplace with a clean financial statement that has no debt service to address to any extent; and, can sell vehicles at a very low cost with significant profits even at low sales volumes. Phase I, which encompasses selling automobiles to the American market totally manufactured in China, is a stand alone project and will produce significant income. For further information please see Phase I Business Plan available upon request.
2) 2050 Motors intends to assemble the e-Go EV in the United States with US labor in the near future. This is very possible because the capital investment to build the state-of-the-art aluminum frame and carbon fiber parts of e-Go EV already exist in China. For this Phase II, of assembly of vehicles in the USA, we do not need in the United States the capital intensive equipment to build the carbon fiber parts; nor do we need to spend significant funds to build a robotic welding line for the space age aluminum frame under the e-Go EV. By concentrating our business on purchasing the parts from our partners in China then 2050 Motors can focus on the high quality simple assembly of the e-Go EV in the USA without expending significant capital reserves for manufacturing equipment. It's also possible to integrate USA made parts and components. The assembly line is relatively simple and straight forward since electric automobiles have fewer parts in them compared to internal combustion vehicles: batteries, electric motor, controller, brakes, and other minor components. Furthermore, the assembly of the vehicle will be under the supervision and management of US Quality Assurance personnel who will ensure that we built an automobile with the quality that is accustomed by US consumer market. Phase II Assembly Business Plan is also available upon request. PHASE II IS A CONSERVATIVE PROJECTION IN SALES AND CAN BE ACCELERATED IN TIME AND PRODUCTION TO MEET CUSTOMER DEMAND.
In conclusion, 2050 Motors enjoys the enormous advantages of being able to assemble the most advanced mass consumer market production automobile in the world. 2050 Motors has the exclusive license to sell, assemble and manufacture the e-Go EV in the United States without having the enormous burden that other automobile companies must carry. We estimate that even limited sales of the e-Go EV can provide good profits for 2050 Motors.
To illustrate this important factor, the Forum for Growth and Innovation, a Harvard Business School Think Tank, published a couple of articles in April and May of 2015 stating, “Why Tesla Won't Be Able To Scale” and “Tesla's Not as Disruptive as You Might Think,” which clearly state that electric automobile companies that have a significant amount of overhead (like Tesla Motors who have concentrated on the ultra luxury automobile market) will find it very difficult to expand their sales into the lower end consumer market where profit margins are much less than what they are accustomed.
In summary, ETFM is set up and ready for a MASSIVE RUN. They could very well be the next and only true competitor of TESLA. If they succeed on the license to resell and the land for the manufacturing, this will go BACK to dollars fast. There’s a lot more information on the company itself in power battles stickied DD. THIS IS A REAL COMPANY! DO NOT GET LEFT BEHIND HERE! LOW FLOAT AND NO TOXIC DILUTION!!!!!!!
We need to keep this train rolling so people can realize how big this is. If you see this stock, do your dd, find out the municipal Gov owns 10%, see the float, and recognize there is no dilution....you would surely buy at these prices. This has .01-1$ written all over it. It all depends on the news that is probably days away now.
They have the funding they don’t need to dilute
That’s why a lot of us are here, not to mention it’s a legit company that doesn’t dilute
16s gone in 5,4,3,2....
That is seriously insane
Someone smash this bastard at 16
Sounds great
Call the close lol
Brooooo called it to the second lmao I bow to you my prophet
1
Lol
15 break in 5,4,3,2,....
It’s trading perfectly. Beautiful thing my friend
Yup 15 break at 1:30
Lmao....I got a bunch of 8s and I’m skipping on rooftops at the moment
#6 on breakout boards
I also love the work trucks. Efficient and cost effective. 285 miles on one charge?!?! I do production and would love one of these box trucks. Maybe when they expand to Los Angeles I’ll buy one
Agreed looking great here
Still early. The ppl who wait until Monday will be late
For all new eyes...welcome to the next big thing!
Boards rockin today! Nice to be here with you guys!
Awwww baby this is looking oretty
Took the thoughts out of my brain lol
Some people just aren’t good traders. Not many sellers here
And the update weekly
A slow climb to 17 today would be so pretty
Glad I was the buying the fear at 8
This slow steady trickle up is EXACTLY what I wanna see
Just smacked 11 for fun. Going higher