ps...(put something here)
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Fully agree with you Crusader. My main beef is with folks on this board that obviously and obliviously "promote" this stock. Supporting the stock and company is one thing - blatant pumping is quite another.
I emphathize with Essense - having a crummy job is bad news and the pinks do offer us a chance to eventually tell them to "Take this job and shove it." I got laid-off in April from my job and would really appreciate the chance to be blessed with a few thousand dollars.
A really bad thing would be if somebody new to the pinks sees some posts pumping this stock and plunks down the rent money on EVFL come Monday. That person deserves to be able to see the "whole" story and then decide for himself whether to invest or not.
Appreciate your work and I hope that there is some really good news for us all soon.
Okay thanks.
Sign me up. An R/S at any level would be a disaster - especially if it had a fee - that would really add insult to injury at this point.
I thought the PPS for listing on OTCQX was .25 and if there were an RS that the hope was that the price might rise to that level.
1,000,000 shares bought at .0001 = $100 cost (commission free)
After an RS of 10,000:1 then the stock holder owns 100 shares.
PPS rises to .25.
100 shares @ .25 equals a market value of $25.
Original cost of shares $100 minus market value $25 = -$75.
Maybe my math is all screwd-up but a reverse split looks like bad news to anybody but Dennis.
Hope an R/S is not in the future but here is a chart on the impact of a 10,000/1, a 1,000/1 and a 100/1 R/S.
Shares @.0001 Cost 10000/1 RS Value @0.25PPS P/L
1,000,000,000 $100,000 100,000 $25,000 -$75,000
500,000,000 $50,000 50,000 $12,500 -$37,500
100,000,000 $10,000 10,000 $2,500 -$7,500
1,000,000 $100 100 $25 -$75
500,000 $50 50 $13 -$38
Shares @.0001 Cost 1000/1 RS Value @0.25PPS P/L
1,000,000,000 $100,000 1,000,000 $250,000 $150,000
500,000,000 $50,000 500,000 $125,000 $75,000
100,000,000 $10,000 100,000 $25,000 $15,000
1,000,000 $100 1,000 $250 $150
500,000 $50 500 $125 $75
Shares @.0001 Cost 100/1 RS Value @0.25PPS P/L
1,000,000,000 $100,000 10,000,000 $2,500,000 $2,400,000
500,000,000 $50,000 5,000,000 $1,250,000 $1,200,000
100,000,000 $10,000 1,000,000 $250,000 $240,000
1,000,000 $100 10,000 $2,500 $2,400
500,000 $50 5,000 $1,250 $1,200
Excellent post on reverse splits. Maybe by Friday we will have a clearer picture and then can decide to stay long or go short.
A person owning 100,000,000 shares @.0001($10,000) would lose $7,500 after a 10,000:1 R/S and a new PPS of .25
Let us hope for the best.
Just saying that the truth is way better than lies and deception. Now the nature of the pinks is a world full of half-truths.
At some point a person needs to decide between Good and Evfl.¹
It is my belief that if a person has been in the world for 40 years and still doesn't understand the difference than he is never going to "get it".
I assume that Dennis is over 40 and currently he has shown that he doesn't understand that right and wrong are two different things.
Now I am a long time stockholder in EVFL and I hope for the best but right now it appears to be a classic pump and dump.
GTLA
¹ "Are You Going to Go My Way" Lenny Kravitz
I do not intend to be harsh - but you have to admit that the past month has been nothing but empty promises. Let us hope that we receive some good news soon.
Maybe some good news .....
11:16 a.m. CDT, August 20, 2009
Biden at Mt. Sinai: U.S. will give $1.2B to computerize medical records
http://www.chicagotribune.com/business/chi-biden-mt.sinai-health-care-aug20,0,3212703.story
There are many buys @.0002 in 5000 share lots - if there are 4.2 million trades like that today then we have a fighting chance - maybe as early as the year 2030.
Same with ECCI and SMWF - classic pump and dump Hotel California stocks like EVFL is now.
It's not a flipper - you buy all day long @.0001 but you will never sell @.0002.
This better be a 10 bagger - I just "borrowed" $100 from honey bunch to play this @.0008.
Maybe Dennis wants to rid the world of poverty - he's printed enough shares for every man, woman, and child on planet earth.
It EVFL ever hits $1 then everybody will be rich.
Thank you stockguru1976 f/AVVH. Get us another one for Monday!
Appreciate the straight talk and advice.
Thank you Jerad - excellent e-mail.
Thank you Rocky for the clarification of the record date.
Question - are restricted shares involved with the dividend and would that affect newcomers such as myself?
Good night and I hope that no one else is duped into buying into this beast.
Hoping for a miracle.
Yaneverknow.
I am a relative new person to the pinks. Totally agree with you on the timing of buying in and then selling.
My main beef is when a company leads people into buying their stock when they have really no intention of making the firm into a viable business. Many of the pinks do that - fully half are just shells that manipulate PR's and use promoters to line their own pockets.
There are many innocent folks out there trying to find an investment opportunity. These are tough times and some may be using the rent money to buy into EVFL. Makes me sad that some people will lure them in with false promises and disinformation.
Maybe Dennis is actually trying to turn EVFL (EBOF) into a money making enterprise. I highly doubt it though.
Yep - we should have caught on to the pump done by these fine folks:
Company: Earth Biofuels Inc. ( EBOF ) Promoter: Runon Ideas 5/24/2007
End of Day: Close: 0.25 Volume: 456,650
3 Month : High/Low: 0.47 / 0.21 Volume 3m : 418,702
Compensation: $ 7,500 per month and $36,000 for the RedChip Research Visibility Report, newsletter program. 11,000 shares of Rule 144 (unregistered) stock per quarter
Company: Earth Biofuels Inc. ( EBOF ) Promoter: Runon Ideas 3/28/2007
End of day: Close: 0.4 Volume: 832,194
Compensation: $ 7,500 per month and $36,000 for the RedChip Research Visibility Report, newsletter program. 11,000 shares of Rule 144 (unregistered) stock per quarter
Company: Earth Biofuels Inc. ( EBOF ) Promoter: Knobias 3/28/2007
End of Day: Close: 0.4 Volume: 832,194
Compensation: up to $1800. per month
Now they are dumping.
Right on Janice - just a few many promoters involved:
Company: Ameriresource Technologies Inc. ( ARIO ) Promoter: The Hot Penny Stocks 8/7/2009
Compensation: NONE
Company: Ameriresource Technologies Inc. ( ARIO ) Promoter: StockStars.net 8/7/2009
Compensation: ten thousand dollars
Company: Ameriresource Technologies Inc. ( ARIO ) Promoter: OTC Reporter 8/7/2009
Compensation: six hundred million free trading shares
Right on dusty - DM's replies to the phone calls and messages were "fradulent inducement to enter into a contract". He took our money and plowed it into his ever growing O/S.
There is no reason for anybody to buy anymore shares.
Hold, if you do not need the money, and look for other opportunities. Need some money like me - try and sell @.0002 for a few hours - don't hold your breath though. Probably can no longer sell at 2. Dump most of your shares at 1 if needed - I am short of cash but will only hold onto 1M shares through August.
http://investorshub.advfn.com/boards/board.aspx?board_id=4235
No luck here selling 500K@.0002 for the past five trading sessions.
He needs to go back to pumping (pimping) IVOT, ENCS, AQUI and RSGR.
Do not intend to be so harsh but am becoming very wary of some of the folks that post on this board.
Some are honest - others are part of the many levels of deception that are found in trading stocks.
Go EVFL!
Billy - that would be great - Go EVFL!
Appreciate your work - hope to get liquid and try some of these picks. Still woefully trapped in EVFL.
We need some good news.
Placed a sell order 30 minutes ago on LowTrades - no problem.
Has not moved above .0002 for weeks and weeks. Do not put the rent money into this one. Might be worth buying 500,000 @.0001 just in case it does make a move but beware. Stock used to have a caveat emptor warning on pinksheets.
I got in at .04 over a year ago and they have printed billions of shares ever since.
Let's hope it gets to .001 - GL on the 10 bagger - tune us in.
Bravo Wolverine!
Good job and good information. Currently trying to unload both.
Just missed his post - getting to antsy waiting for some good news ... Lord give me patience and give it to me NOW!
Where are snowgoose and dandream? Call in sick today too?
And more than likely has insiders posting on it.
Saw that spike to 0.001 on Wednesday also - assumed it was a typo. The fact that it happened again today might be useful to us. I just placed a sell order 500K@0.0009 just in case it does that again tomorrow.
I second that thought! GTLA