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yes OTCBB stocks dont but the OTCQX have to have a share price of 25 cents to join the OTCQX.
OTCQX has higher standard then OTCBB but after they join they have to maintain a share price of 10 cents to stay on or they get boot of the OTCQX.
OTCQX is the first step to get on the nasdaq.
http://www.pinksheets.com/pink/otcguide/investors_market_tiers.jsp
by reaching 25 cent it allows for evolution fuels to be on the OTCQX marketplace which is the most trusted place on the pink sheets we will get bigger investor by doing so which will drive the price even higher by reaching 25 cent this will benefit all shareholders.
they have 90 days to report to the SEC
it to easy for a company to buyback shares at .0001 all they have to do is have a market maker keep the stock price at .0001 and have everyone sell at .0001 because there impatient and cant wait so they take a loss and move on to another stock this happens all the time.
outstanding shares are the shares that the public own authorized shares are how many shares the company can issue out to the public so what ever shares that are not issued out can be retired at anytime.
how do you get 99 billion all the company has to do is reduce the outstanding shares from the 21 billion if they bought all of the 21 billion back it would only cost them $2,100,000 dollars not much for a company now the authorized shares they can retire them at any time they dont have to buy something they already own they just have to change the authorized shares to something smaller like 1 or 2 billion shares.
If you read INTERNATIONAL PAPER COMPANY 8k you will see they shut down Bastrop Pulp Mill Project January 29, 2009 and in the fourth quarter of 2008 they loss $452 million that means there hurting and need money so theres a good chance we already have the Bastrop Pulp Mill.
http://investor.internationalpaper.com/phoenix.zhtml?c=73062&p=irol-SECText&TEXT=aHR0cDovL2NjYm4udGVua3dpemFyZC5jb20veG1sL2ZpbGluZy54bWw%2fcmVwbz10ZW5rJmlwYWdlPTYwOTM4MDkmYXR0YWNoPU9OJnNYQlJMPTE%3d
check this out the Bastrop Pulp Mill Project was owned by International Paper if you look on there website that location is gone evfl already owns it.
http://www.internationalpaper.com/Paper/Paper%20Customer%20Segments/Pulp_Consumers.html
http://findarticles.com/p/articles/mi_qa3636/is_200712/ai_n21280177/
yep they gave us hints they where going to do a buyback when the gave the press release about not having a R/S and when they do say they are doing a buyback or they already did this will be a differnet ball game and it will go crazy here and this stock will take off so quick you wont be able to react fast anough to it you might crap your self though.
so basically pinksheets mest up the whole name change and divident on there charts and havent fixed it which screwed up all the brokers charts so that means we have to bug the pinksheets till they fix the problem with the charts being two times less on all the highs and lows.
the same with scottrade they told me they would fix it in a couple days:
Reply Date: 8/19/2009 1:41:29 PM
Subject: Re: Scottrader Support <<#223677-916773#>>
Dear Client:
Thank you for your e-mail.
This may be due to the symbol change. EBOF changed to EVFL. This information is being sorted and should be corrected in a few days. If you still see incorrect data in a couple of days please let us know.Please let us know if we may be of further assistance.
Sincerely,
Jen B
National Service Center
Scottrade Inc.
www.scottrade.com
www.scottradeelite.com
=====================================
now they sent me this:
Reply Date: 8/20/2009 6:29:55 AM
Subject: Re: Scottrader Support <<#223677-916773#>>
Dear Client:
Thank you for your e-mail. We value your business.
The high listed on Pinksheets was 7.23 on May 11, 2006. The high for May 1 was actually a high of 3.85.
We do not record historical bid/asks on any of our platforms. We are matching the bid/ask/last info on Pinksheets though.
While we have found news articles like the one you referenced, there is not any stock information in the investors page of the company's website. Given the company felt the need to issue the press releases we believe there is likely some confusion generally about the transaction.
Bloomberg indicates the event was "One restricted common stock for each common share held."
You may want to contact the company for additional information about the dividends.
Please let us know if we may be of further assistance.
Sincerely,
Kenneth Pollard
National Service Center
Scottrade Inc.
www.scottrade.com
www.scottradeelite.com
I have been here since 2007 I have been watching this stock since 2005 and 70 cents is deffently possible but here in the short term we need to break up to .0004 then we will shoot up fast next stop it will go to .0010 and then nothing can stop it from going sky high.
no the high on may 11 2006 was $7.23
2006-May-11 open 7.22 high 7.23 low 5.75 close 6.07 volume 1,426,400
this what I got from scottrade explaining the matter:
Dear Client:
Thank you for your e-mail.
EBOF changed symbols to EVFL on 6/15/09 and also paid a one for one stock dividend in restricted shares which reduced the price of the stock by half its original worth on that date. While the high trade for 5/11/06 may have actually been $7.23, Scottrade has adjusted the data in the chart previous to the dividend to reflect the reduced price of stock. That is why Scottrade will show a high trade of $3.62 on 5/11/06.
Please let us know if we may be of further assistance.
Sincerely,
Andrew Carlie
National Service Center
Scottrade Inc.
www.scottrade.com
www.scottradeelite.com
here is a list of all the truckstops evfl can get from spinx truckstops
http://www.myspinx.com/properties.aspx
I think Pacific Biodiesel is a partner with Evolution Fuels:
http://www.biodiesel.com/index.php/company/partners_and_subsidiaries
"The biodiesel plant at Carl’s Corner, Texas is the brainchild of partners Willie and Annie Nelson who became biodiesel fans as customers of Pacific Biodiesel in their other home town of Maui, Hawaii. The truck stop at Carl’s Corner needed a boost and Willie decided that biodiesel was just the ticket. The test run of the renewable fuel was so successful that the biodiesel plant was built right next door and the truck stop renovated to reopen this year as Willie’s Place. A model of community-based sustainability, PB Texas processes used cooking oil and locally grown raw cottonseed oil into the highest quality biodiesel. The partnership that developed the plant includes mostly Texas-based folks, with a few from Hawaii and other states."
another company that Evolution Fuels should check out is pacific ethanol there going through Chapter 11 Bankruptcy Protection we might beable to pick up some plants from them.
I already did I was the 14th person to vote
then stop complaining and help do some DD we need to stay positive the company is working as fast as they can its not a easy job what there doing we just have to wait we will get are PR's in due time.
there is no wrong doing your making up stuff let the company do there job they have been doing what the said they where going to do it takes time people if you cant wait sell and get lost we will gladly buy your shares.
if the company spends 3 million of that 12 million to buy back shares we will have a better share structure then behl and they still will have 9 million, 7 million going for the 3 plants and 2 million left to pick up a pulp plant the gas stations and truck stop will be funded by the government grants now if it only takes 2 million to buy back shares they will still pocket 1 million.
if you read evfl march 31st fnancials you would have seen when durant will open it will open in the first quarter 2010 its on page 18.
"The Durant biodiesel plant operational by the first quarter of 2010.
• Appropriate staffing and training for safe operations of Durant biodiesel plant by the first quarter of 2010."
if you also read that same pr they talk about a share buy back and a dividend
The Company remains committed to growing the market capitalization of EBOF and will continue to explore all available options, including the possibility of a share buyback program, a dividend or a stock split.
http://www.globenewswire.com/newsroom/news.html?d=160671
Earth Biofuels Suspends Reverse Stock Split
DALLAS, March 3, 2009 (GLOBE NEWSWIRE) -- Earth Biofuels, Inc. (Pink Sheets:EBOF) (the "Company") today announced that the Board of Directors have decided not to pursue the reverse split of the Company's common stock as described in its Schedule 14-C filed with the Securities and Exchange Commission on November 3, 2008.
The Company has determined that, at this time, a reverse stock split may not be in the best interests of its shareholders. The original intent was to initiate an anti-dilutive measure, one that would decrease the number of shares outstanding and help to create a more orderly and healthy market for the trading of its stock. However, upon further review and after conducting a historical analysis of the overall effects of such a split, it has been decided that the result often produces downward pressure on the stock. Management believes it can produce the most shareholder value organically by focusing on expanding its business without modifying the Company's current capital structure. The Company remains committed to growing the market capitalization of EBOF and will continue to explore all available options, including the possibility of a share buyback program, a dividend or a stock split.
no thats wrong .40 euro is .5729 dollars
because you need to see whats happening with the stock so they reset the volume to many people complaining they cant do any thing with the streamers after like it gets to a billion they stop showing times of sales and real time quotes.
all of the brokers reset there streamers so you can actualy see the times of sales once the streamers get to high they stop counting and we are hitting .0002 real good now
0.0002 100.00% 4,294,901,993
this was on evfl website:
Evolution Fuels, Inc. is a public company trading on the Pink OTC ... XOM (Common). NYSE (US Dollar). Last Trade: $75.45% Change: (3%)Change: + 20.00
yes I dont think it will go lower then .0001 I was just proving a point that a stock can be stuck at .0000 bid and .0000 ask I have seen it before with basher and it forced the company to do a R/S and we deffently dont want a R/S im sure the basher are paid by the market makers to try and run this business out of business so they wont have to cover there short position.
the price can go lower then .0001 it can go down to .0000 bid and .0000 ask then you can give away yours shares for free and it forces the company to do a R/S thats the whole goal of bashers bashing this stock.
it says it was Received today but its still the one from mar 31st
you mean all 3 of these PR's: guess what they all happened when I said take that basher.
1. http://www.pressregister.com/articles/2009/08/05/lifestyles/doc4a799974c2af8986811713.txt
2.
http://74.125.155.132/search?q=cache:_JW9aCEv_rEJ:www.gwcommonwealth.com/articles/2009/08/04/news/top_stories/08042009news02.txt+Price+said+the+deal+would+be+for+all+three+of+PYCO%E2%80%99s+facilities&cd=1&hl=en&ct=clnk&gl=us
3.http://finance.yahoo.com/news/Evolution-Fuels-to-Apply-for-pz-2408192957.html?x=0&.v=1
gator I dont think there will be a PR intill the week of the 25th of AUG.
a buy is a buy it doesnt matter how big it is you still can get an up tick on 5000 just as fast as buying 4 million.
dont delete this is evfl's Restaurant I repeat do not delete
GO EVFL!!!!
http://www.madidires.com/
all evfl has to do is put fuel pumps out front of Ground Zero and guess what we have another Legends Travel Center.
your first post and your bashing someone wtf get lost guy
MM's keep putting the 5000 shares out there are they out of shares at .0002
yep and we will get there easly with mergers and I do think he can pull it off just hold on to your shares because we will have people trying to talk you into selling all the way up to $1.00.
go EVFL!!!
Sbleau thank you for the update
intill I see actual proof it never happened thats final im not taking some strangers word for nothing and why would I pay you for you to show the trueth or are you just another basher too.
I believe you called him but dustybutler1 emails and press release are fakes.