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First come, first serve?
The Company also announced that, on September 19, 2012, its Board of Directors approved a special cash distribution of $10.00 per share of common stock. The cash distribution will be paid on October 11, 2012 to stockholders of record as of October 1, 2012. In accordance with NASDAQ Rule 11140(b), the ex-dividend date will be October 12, 2012, the first business day following the payment date for the cash distribution.
Dear Mario,
We may be running out of suckers. We thought you would want to know.
Sincerely,
Spain
P.S. Please destroy this communication as per usual protocol.
The Chart Spain's Mariano Rajoy Wishes Could Be Swept Under The Rug
http://www.zerohedge.com/news/chart-spains-mariano-rajoy-wishes-could-be-swept-under-rug
"New Math" in Spain
Spain is Greece… Only Bigger and Worse
http://www.zerohedge.com/contributed/2012-09-16/spain-greece%E2%80%A6-only-bigger-and-worse
Interest rates looking up.
Rotation Out Of Treasuries At Hand
http://seekingalpha.com/article/867561-rotation-out-of-treasuries-at-hand
Aurizon's horizon?
2 Speculative Gold Plays To Ride Helicopter Ben's Latest Folly
http://seekingalpha.com/article/867381-2-speculative-gold-plays-to-ride-helicopter-ben-s-latest-folly
Now what? Are we supposed to give all these crazy socialists every last cent we have?
Sincerely,
Germany
German High Court Approves Step Toward European Dictatorship
http://www.thenewamerican.com/world-news/europe/item/12822-german-high-court-approves-step-towards-european-dictatorship
We are just days away from the 10K, but I suspect the report will be underwhelming at best. On the bright side, I could be wrong.
Does the debt noose feel a little tighter today? Just asking.
http://seekingalpha.com/currents/post/538981?source=email_rt_mc_readmore&ifp=0
Draghi to Bernanke: Please, please, please, pleasssssse..........
"When the Fed is growing assets faster than the ECB, the euro rises, and the opposite when the ECB expands quicker than the Fed. The euro's sharp move of late makes it vulnerable to a big sell-off if the Fed doesn't announce QE tomorrow."
http://seekingalpha.com/symbol/euo
Just in case the Fedspeak can't be deciphered today, here's some fundamental SLW news.
Silver Wheaton ‘Never Been Busier’ Talking About Deals
http://www.businessweek.com/news/2012-09-12/silver-wheaton-never-been-busier-talking-to-miners-about-deals
154% Increase in Gross Profit
The Company reported revenues of $591,202 for the first quarter of fiscal 2013, an increase of 77% from the $334,036 reported for the first quarter of fiscal 2012. Gross profit for the first quarter of fiscal 2013 was $572,655, an increase of 154% from the $225,296 reported for the same period in fiscal 2012.
http://www.heraldonline.com/2012/09/10/4248921/crowdgather-inc-announces-first.html
Comedy contains variations on the elements of surprise, incongruity, conflict, repetitiveness, and the effect of opposite expectations
The Premise:
Europe's Banker Talks Tough
Draghi Says Continent's Social Model Is 'Gone,' Won't Backtrack on Austerity http://online.wsj.com/article/SB10001424052970203960804577241221244896782.html
Selected Punch Lines:
Spain Seeks Full Sovereign Bailout Without Extra Conditions -Report
http://www.nasdaq.com/article/spain-seeks-full-sovereign-bailout-without-extra-conditions--report-20120905-01704
Greeks stage mock hangings in protest at austerity measures as European Central Bank riles Germans with euro debt plan
http://www.dailymail.co.uk/news/article-2199575/Greeks-stage-mock-hangings-protest-austerity-measures-European-Central-Bank-riles-Germans-euro-debt-plan.html#ixzz25mTGq05K
All loyal French socialists! Get out of the vehicle and push!!!
French Unemployment Jumps, Increasing Pressure For Growth Push
http://www.bloomberg.com/news/2012-09-06/french-unemployment-jumps-increasing-pressure-for-growth-push.html
Wow! Who knew? All this time I've been under the impression Draghi didn't have any more "credibility" to lose.
Draghi Credibility At Stake As ECB Tries To Save The Euro
http://www.bloomberg.com/news/2012-09-05/draghi-credibility-at-stake-as-ecb-tries-to-save-the-euro.html
Yes we will! (unless we don't)
ECB Plan Said To Pledge Unlimited, Sterilized Bond-Buying
Draghi will stress conditionality of the program tomorrow, with the ECB likely to stop buying the bonds of any government that fails to meet the conditions it agrees to when it signs up for aid from Europe’s rescue fund -- a precondition for ECB action -- two of the people said. Another proposal is for the ECB to sell the bonds it has bought if a country doesn’t comply with the conditions, two of the officials said.
The European annual summer long holiday is over... what was it we were talking about before we left? Oh yeah, now I remember.
September Arrives, As Does The French "Dexia Moment" - France Nationalizes Its Second Largest Mortgage Lender
http://www.zerohedge.com/news/september-arrives-does-french-dexia-moment-france-nationalizes-its-second-largest-mortgage-lend
Buy on the "dips". (no pun intended)
"Spain will consider seeking extra aid from Europe on top of a 100 billion euro rescue of its financial sector but does not see any need for new conditions" - Prime Minister Mariano Rajoy
http://www.cnbc.com/id/48882795
Financial prospects for Spain? Let's ask the typical bank account holder in Spain.......
http://www.zerohedge.com/news/spain-whom-bell-now-tolls
The new "business friendly" New York City, as depicted in currently running TV ads, may have to secede from the state.
http://www.ft.com/intl/cms/s/0/efcc18da-f4eb-11e1-b120-00144feabdc0.html#axzz25K5GKCVO
I really, really, really mean it this time! Cross my heart and hope to die! No, really, I'm as serious as a heart attack! This is it! You can take it to the bank! You can count on me! (Greek PM offers freshly minted sincere assurances)
http://www.washingtonpost.com/business/greeces-prime-minister-promises-that-new-144-billion-austerity-measures-will-be-the-last/2012/08/30/b426d23c-f286-11e1-b74c-84ed55e0300b_story.html
I'm new here, so you probably know better than I, but I assume there may have been a least some execution on the business plan over the five years you cite, which could be viewed as some justification for the dilution and the current share price. Are you equally disappointed with execution on the ESPH business plan?
While there appears to be somewhere around a 20% increase in the OS over the past 3 years, such dilution seems fairly tame for a penny stock in the early phase of business development. Of course, I'm not suggesting ESPH is anything other than an insanely risky investment just like most others of its ilk, but dilution doesn't really seem to be completely out of control in a relative sense. Am I missing something?
Can you feel the love?
Growth without risk — Silver Wheaton strikes big in Peru and Manitoba with its HudBay deal
http://business.financialpost.com/2012/08/18/growth-without-risk-silver-wheaton-strikes-big-in-peru-and-manitoba-with-its-hudbay-deal/
Pretty things keep slipping out of the ESFS treasure chest, but when, oh when, we will get to look inside?
Eco-Safe Signs Contracts With Two More Seafood Processors
http://ih.advfn.com/p.php?pid=nmona&article=53829322
Is the trend becoming our friend?
http://www.google.com/finance?q=NYSEARCA:TBT
I think it's safe to say the Fed controls our fate for now. QE3 will come sooner or later. And so we wait.
Second Quarter 2012 Highlights and Significant Items
-- Net profit of $8.6 million, or $0.05 per share, 29% higher than second quarter 2011.
-- EBITDA(1) of $25.4 million compared to $27.9 million in the second quarter 2011.
-- Operating profit margin(2) per ounce of US$921.
-- Gold production of 37,820 ounces.
-- Cash balances of $208 million and no debt.
-- Joanna feasibility study completed.
-- Encouraging exploration results at Casa Berardi and Joanna.
I think I smell an unmistakable aroma coming from a big pot of Italian bailout simmering in the Euro kitchen!
Italian Economy Contracts For Fourth Straight Quarter
http://www.bloomberg.com/news/2012-08-07/italian-economy-contracts-for-fourth-straight-quarter-amid-slump.html
Should be an interesting day for ESFS.
Eco-Safe Fills First Shipment to Large U.S. Restaurant Chain
Ach du lieber! Could someone please pass the jelly.?
Spain And Italy Are Toast Unless Germany Allows The ECB To Print Trillions Of Euros
http://theeconomiccollapseblog.com/archives/spain-and-italy-are-toast-unless-germany-allows-the-ecb-to-print-trillions-of-euros
Get a rope!
U.S. stocks, euro tumble as ECB disappoints markets
http://www.reuters.com/article/2012/08/02/us-markets-global-idUSBRE86F00620120802
Did anyone remember to take Mario Draghi's belt?
Draghi Risks Market Wrath As Pressure For ECB Action Grows
http://www.bloomberg.com/news/2012-08-01/draghi-risks-market-wrath-as-pressure-for-ecb-intervention-grows.html
Euro trash talk.
Europe: Why Mario Draghi Cannot Save The Euro (VGK, EUO, FXE, EWG, EWP, EWI)
http://etfdailynews.com/2012/08/01/europe-why-mario-draghi-cannot-save-the-euro-vgk-euo-fxe-ewg-ewp-ewi/
"I'd like to build the world a home
And furnish it with love
Grow apple trees and honey bees
And snow-white turtle doves"
(Bill Backer / Billy Davis / Roger Cook / Roger Greenaway)
http://en.wikipedia.org/wiki/I'd_Like_to_Teach_the_World_to_Sing_(in_Perfect_Harmony)
The Federal Reserve, Gold, Oil, & The U.S. Dollar’s Demise
What happens to the economy if interest rates start to react violently to the price action in the Dollar? What if Treasury’s start to sell off viciously and interest rates start to rise wildly and volatility among bond holdings runs rampant?
http://etfdailynews.com/2012/07/31/the-federal-reserve-gold-oil-the-u-s-dollars-demise-uup-vgk-gld-uso-udn/
"Who knows what evil lurks in the hearts of men? The Shadow knows!"
The Zero Sum Game Of Lower Interest Rates And Why Mortgage Rates Will Rise
http://seekingalpha.com/article/760191-the-zero-sum-game-of-lower-interest-rates-and-why-mortgage-rates-will-rise
Round and round the Currency Wheel of Fortune goes, and where it stops, nobody knows!
Official EUR Care Package?
http://seekingalpha.com/article/761181-official-eur-care-package
The Plot Thickens!
Geithner To Meet Schaeuble, Draghi In Germany Next Week
http://www.bloomberg.com/news/2012-07-27/geithner-to-meet-schaeuble-draghi-in-germany-next-week.html
Someday My Prince Will Come
Larry Morey
http://en.wikipedia.org/wiki/Larry_Morey
Someday I will find my prince
He may be far away
But I know he will come
Someday
Prince of my dreams
Far away
To call my own
Someday
Prince of my dreams
Far away
To call my own
Someday
Someday my prince will come
Someday I'll find a love
And how thrilling that moment will be
When the prince of my dreams comes to me
He'll whisper I love you
And steal a kiss or two
Though he may be far away
I will find my love someday
Someday we'll say and do
The things we've been longing to
And I'll know him the moment we meet
For my heart will start skipping a beat
Someday when my dreams come true
Somewhere waiting for me
There's someone I'm longing to see
Someone I can't help but adore
Who will thrill me for ever more?
Someday we'll say and do
The things we've been longing to
And I'll know him the moment we meet
For my heart will start skipping a beat
Someday when my dreams come true
Someday my prince will come
And I will find my love
And I'll know it the moment we meet
Prince of my dreams
Far away
To call my own
Someday
Prince of my dreams
Far away
To call my own
Someday
Prince of my dreams
Far away
To call my own
Someday
Prince of my dreams
Far away (Far away)
To call my own
Someday (Someday)
Prince of my dreams
Far away (Far away)
To call my own
Someday
Prince of my dreams
Far away (Far away)
To call my own
Someday
" M2 is a broader classification of money than M1. Economists use M2 when looking to quantify the amount of money in circulation and trying to explain different economic monetary conditions. M2 is a key economic indicator used to forecast inflation"
Happy $10 Trillion Day
http://seekingalpha.com/article/755871-happy-10-trillion-day
Bearish Bulls
Options Trader Alert for Direxion Daily Small Cap Bear 3X Shares (TZA)
http://www.avafin.com/articles/1016144.html
Can I get an "amen"?
Stocks, euro fall as markets seek ECB detail
http://www.reuters.com/article/2012/07/27/us-markets-global-idUSBRE86F00620120727