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I doubt it but even if it does: Big Deal, it won't mean a damn thing.
No he/she is not new here; just sees the reality of the situation. I have to agree whole heartedly with him.
Not to bash you Tarka because I have followed your post but you realy should consider taking of the blinders and see this for what it is.
I agree on all but one point: he will not just wither away, he would instead start anoter shell and continue his printing presses.
He can but he won't; EVFN is his money train and he is not about to mess with that.
When the term board members is used in any PR with this company t really is jus DM. It is very hard for me to believe an actual board of officers is consulted or asked abut anything relating to this company. I find it hard to believe any group of people could stand by and watch this company and not do something about it.
The best and only real course of action would be to get rid of DM. This guy doesn't know the difference between his arse and a hole in the ground. I'd be willing to bet he could devistate even the likes of Microsoft, Ebay, or any other company if allowed to take over the helm.
Thats been said before and look what happened 1 for 600
The intent of todays PR is to increase volume in this stock so that dilution is easier and faster. Thats why it is release so soon with a July date for people to get in and share what will amount to nothing.
What we need here is the CEO from Omda Oil and Gas (OOAG). Then and only then might something good happen with this company and its stock.
Wanna bet?
Go back about four years and then move forward and read all PR's.
This company has had numerious name changes to cover it's trail and RS's after periods of heavy, heavy dilution.
They will RS this again and eventually change the name of the company. All this will happen before anyone can make a dime off this stock even if you think your getting in cheap or on the bottom floor.
Trading has stopped in this POS.
With any luck the SEC has stepped in.
More likely people ae starting to realize what this truely is.
What? Are yu kidding? This is money in the bank for DM as long as these type numbers (volume) continues with his dilution machine why would he halt a good thing? Do you hve any idea how much this jerk banks in this? Dude theres noway they close the doors unless the SEC gets involved.
And the interest, fees and damages continue to acrue daily. Deeper and Deeper in debt we go. It's as if DM is running this company like our government runs the country. The difference is our country still has about 120 trillion in assets; EVFN is deep in debt with no real assets.
One hour into the day and 238 million shares dumped. Is there ny doubt of dilution? If so then there is also some dilutional going on.
I hope it does and I think your right. My bigger fear is they start to dilute heavily with all the divi stocks.
6 months but what I'm unclear on is when the six months starts. Is it today when I recieved the divis or the release date from EVFN or some other date?
I guess in the long run it doesn't matter much since they are value at 185.00; it in no way makes up for 18,000 plus I'm down in EVFN.
Finally got my BMGI divis today. Thank you TDA. DM; I'll thank you when things turn around once and for all with EVFN, without a RS.
Not after the are signed; I now this all too well. Been there done that.
The dispute arrives when someone (EVFN) wishes to get out of a lease at no expense to them which the lease dictates to some degree. Basically DM got in over his head again. He signed a lease agreement without doing any of the work necessary to assertain if the adventure would even be feasible and profitable at some point. He is now finding out it isn't which he could have easily figured out by spending just a little time with a spreadsheet and accounting of past and current operations (current is a joke).
I have been either directly involved or have knowledge of thousands of contracts and leases and such over my career and can honestly say; disputes in any have been rare and only come about due to the ignorance of one party not understnding the agreement or doing any homework as to it's feesability.
I suspect the next PR we get will have something to do with the agreed upon termination of said leases. Followed by another PR within weeks of new etters of Intent to enter into other leases.
This will allow for further dilution befor the RS.
I cannot believe the stupidity of people who venture off in business without understanding the total impact. Further I cannot understand why anyone would go into a business without a definitive 5 year ROI in place and if there is any doubt of this then why would you even start. STUPID I tell you, STUPID.
Whats even more telling is the dispute.
Shouldn't the attorneys and management have reviewed the leases before they signed inorder to avoid this delema?
Just another point that proves they are all idiots.
I will buy eveyones shares for a generous offering of:
.000000000000000000001 per 100 shares.
This is an extremely generous offer and would highly suggest everyone take it.
Once I have controlling interest in the company; then it will have capable management in place. Not until this event will EVFN or any of its concerns have any chance of becomig a viable entity for an investor.
For those of you who are continuing to wait for the next quarterly report or the next; WAKE UP. The offer I have on the table will be in place for one hour only, at that time it will be reduced to:
.000000000000000000000000000000000000000000000000000001 per 1000 shares.
People this is more then fair.
My offer at the end of the day will be as follows:
.0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000002 for te entire 100 billion A/S.
Take my offer people; even a this price, I may have to file bankruptcy and start over under a new ticker symbol.
Wish me luck, it's a huge undertaking.
For those looking for more gratification; I promise to retain Dennis as my employee. I need someone to pickup the dogshit in my backyard. Maybe he can be successful in this capacity. Sorry I don't trust him enough to wipe my ass.
One thng wrong with your assumptions; they never produced a drop of biofuel...
The 20th has come and gone; anyone seen the quarterly yet?
Hmm; does it still make you wonder?
Quarterly report:
Not good; otherwise why not release it early in the trading day?
Answer: To allow a cooling period in order to control the mass exodus.
Actually it means; you can't always trust the charts.
I suspect this quarerly report to be a ne carbon copy of the last one. Do't expect to much; the company is still not producing revenue, any and all monies coming in are due to the sale of stock.
Don't let the colorful accounting fool you or the positive verbage within the statement. Remember DM and his clan are professional BS'ers.
You have to be realistic in your interpretation of the report as well as the actual progress of the company. One alsohas to factor in the demise of the stock price from .06 all the way down to .0001. That in itself is telling a story of an extremly poorly run company. The concern of management is the continued lining o their own pockets; the investor is someone they never see and have no connection with and could care-a-less about. Tey (the investor) is a trading commodity which has become the center of business for EVFN and it's management. When all along they make you believe that biofuels is the commodity they are selling.
Wake up people they have yet to sale the first drop of any fuel. But on the other hand they have sold BS by the truck loads and most have bought in to it. Things are changing; the seasonned investor is staying clear. You can't take a company stock and run it into the grund over and over again without it eventually going under. Eventually the hole you dug yourself into becomes so deep ther is no way to ge out other then bankruptcy and starting over. Which by-the-way DM has done before and will do again. the ugly truth is, it works for him and he doesn't know any other way. Which makes him extremely stupid or extemely smart; it alldepends on the moral and ethical viewpoint.
If you expect this company to sart building value; you'll be waiting a very, very, very long time.
JMHO
Why would you be buying into this?
You have been around for awhile and have seen the pattern with this stock. So why now do you buy into it. You have to know a new RS is coming.
No and it's starting to concern me, when will my restriction start? Is it from the release date or the date in which I recieve them in my account? This could be huge.
When EVFN did the RS it was seven days before I could do anything; by then the value had droped 40% already.
Anyone have any idea why TDAmeritrade still has not gotten the divi's to distribute? I know what they tell me but it is getting ridiculous.
SWRS; wont be long now and you can buy it at .0001 too.
Not going to say I told you so; but, I told you so.
SWRS dilution.
I told everyone months ago; they would dilute the divi's to nothing before the restrictions are lifted. Look at SWRS; it's starting here.
The copany is starting to dilute. Look at the last PR, it's all BS. A new system developed 24 years ago and te market conditions are just now ready for this, give me a break. It' all hype to generate interes and coverup the diluton.
Sorry I forgot that.
OH MY GOD; what a gold mine, I can't believe this is selling so damn cheap. I am loading up on millions at .0001, I'm going to be rich I tell you, RICH.
Biofuel is the future; Americas answer to independence and this company is at the forefront of a new era.
OH MY GOD; this DM guy is a genious; he will take all my money and turn it into fuel.
I can't believe my luck in finding this company when I did; just before this thing goes to the moon, I fortell the pps going to 1.00 easy by the end of the month.
I tell you; sell your house, take 1st ad 2nd mortages; sell the kids, rent out the wife. Load up now or you will wish you had. RICH; I tell you, RICH we will be.
.0001; where else can you find a viable operating company so cheap? WOW, I can't believe it; they are building stations for retail everywhere and about to cover the entire east coast, wow imagine the gazillions that will be rolling in. Th best thing is the make thier own fuel and then sell it to thier own stations.
Geniou I tell you GENIOUS. I wish I cold be like Dennis.
Just kidding; I felt everyone need a good laugh because thatsall we will get out of this, that is after we are done crying over our losses.
so far very little trade of this crap today, kinda makes you wonder. With any luck the SEC has stepped in.
The same thing happened last year and three months later the RS hit us. So here we go again; this year RS should hit around the first part of August. If my thought is right thats about the same time our Divi's will be elegable for trading, thats if I ever get mine with TDA.
I am going to wager this RS is not folloewed up with Divis. Instead I think we will see a rash of bogus pumped PR's to allow for continued dilition of those said stocks as well as EVFN's. Thats good news for DM; he can give himself a raise, at least double his current salary.
Because it is how they operate. Selling the AS on the market (dilution) then RS,ing and doing it all over again. Take a look at the finacials and the structure of the companies, it is the only form of income they have. Come on, all yu people out there have to be smart enough to see what is going on.
Again I admit I was caught up in the hype too, but have since looked at it more logically and can see the obvious.
Don't take my word for it. I would suggest this:
Take all the facts and spreadsheets to your local college and business professor. They will give you thier opinion and I would think they would like to use the gregorious example as a part of thier curriculum and they will do so for free. Be sure you have all the facts and docuementation with you, as professors don't like thier time wasted.
It only jumps a point maybe two if lucky. You can't profit in this, it's not worth the effort unless your able to short it and at these values that won't get you much either.
Mark-my-word: the divis will be diluted to nothing by the time you are able to trade them.
Each of the companies we are recieving divis for, have no business other then the business they perform for each other; therefore there is no growth. It's DM taking money from one pocket and putting into another. This worksout great for DM but not the investor. It is also a great business structure for companies on a path of growth and expansion. Problem here is it is all smoke and mirrors. There is no growth. Please don't point me to the stations that EVFN and DM are supposedly putting into operation. Thre are only two that we know of which are close to opening up for operation and they both have Shell Oil and Phillips logos on the pumps. Also they do not display Evolution Fuels on thier signage anywhere. I tell you now DM has only been either the developer of the land and is leasing the space or acting as a consultant. Either way it doesn't add to the bottom line of our investment enough to making even a small dent in the red.
The one station location in Dallas which hs an Evolution sign on it was the first to be PR'ed and constructon still hasn't started on it. Ask yourself why; could it be because the company doesn't have the money? The answer is yes, the money they have oes to pay salaries and operation expenses i.e. DM's house payme, his home utilty bills and the same for the small office tha houses EVFN.
If the location ever does get developed; it won;t be by EVFN but rather another large company (Shell, BP, Phillips, etc) who has the money to do so.
Another thing to consider the stations coming online will most likely not be selling biofuels developed by EVFN because EVFN isn't developing r manufactoring anything yet nor do think they ever will. Due to DM's contacts he most likely under the banner of EVFN is acting as a broker between the supplier and seller of the fuel; which still doesn't add anything toour bottom line. This all does however protect him from the scrutiny of the SEC and the law as he is able to show an operation under the umbrella of EVFN and it's subsidiaries.
As long as DM can continue to put out inflated PR's and keep up the money flow in the investment community; this scam on the Investing public will and can continue indefinetly. If however the investors stop buying this stock his money flow stops and he would be forced to file bankruptcy and close the doors on EVFN. He has no incentive to make this company a viable operation. By-the-way to call this a company is misinformation; it is an umbrella corporation. Think about it; this umbrella has been around under one acronym or another for years, how long does it take to form an operation? Let's be relistic people.
I admit I lost a boat load; to my own blind enthusiasm for DM's hype. Even after I did all my DD; I still went against my better judgement. BIG MISTAKE
I have seen and been involved in these types of operations before but only as a viable operation of a growing company. I have seen many ways of manipulation but this one takes the prize.
I put all this out there for readers only as attempt to intice logic based on the facts and all this babble is my opinion, but I challenge anyone to derive at a better scenario based on the same logic and experience and knowledge of business.
GLTA; and I will continue to follow; only because I'm stuck with this crap and I might just as well hold onto it as a reminder to myself and as a valuable lesson to those who wish for my input. I can honestly say; I will not invest another penny or subpenny into this stock and I don't believe the future will change how they do business or the operation.
NO, but never fear the RS is coming and you will see .06 again.
Hows that for some positive outlook.