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There's a reason no one has proven it and that's because neither of these two characters have anything to do with Energy-1 Corporation. Our CEO is focused on building this company. The past is the past and that's all that can be dug up. It's hard to lay any blame when the company is in the BLACK.
As I said earlier everyone needs to weed through the posts on this board and decide for themselves what's relevant or not. It doesn't take a Harvard education to decide that this is Not a Scam as some on this board would have you believe.
Page 20 of the Annual Report shows Profit Per Share .0004 and we're currently trading at .0006. We should be trading in multiples of our current PPS. Eventually the market will realize this and it will climb. It's just a matter of time before additional positive events boost awareness.
GLTA Shareholders
I agree with you DeltaAir61. The financials look very good to me. We now have 2 Qtr's of profitable financials post acquisition of M/L. IMO this will allow Energy-1 to negotiate more attractive secondary financing. I'd look for Energy-1 to also negotiate the current bank debt's that came along with the M/L acquisition down to a small fraction of what is shown in the financials. IMO we should see a more positive events occurring during the1st Qtr of 2013. I personally look forward to seeing the additional growth during 2013.
I would encourage all shareholders to weed through the message board and use your own judgement on what to use as a take away from any messages that may be posted. Also please don't feel intimidated by anyone. There will be posters that are considered Longs, those that will always be negative and those that have no position at all. This is a common area to exchange our discussion about EGOC so feel free to say what you wish and stay within the IHub Terms Of Service. I encourage other shareholders to come forward and request to be Moderator. It's obvious that this board could use some more support in that area.
GLTA
That's right there's NO Sales today!
BTW...There is absolutely no basis for implying that the SEC is looking into EGOC or Raymond Brown. They will however be the recipient of a form 10 in the 1st Qtr though.
Happy Holiday's to All
How's that saying go? A picture is worth a thousand words! I guess I should have had a picture taken of me behind the wheel too. I was all over it and I'm just (ah hem!) a "major stock holder" and nothing more. I'm looking forward to the 1st Qtr 2013 too!
Happy Holiday Fellow Shareholders!
Well stated Dale! A savvy investor must wade through all the ground clutter. We have a company that is profitable and actually has a PE Ratio, regardless of what anyone says. It's way undervalued and at some point the market will realize it.
Happy Holidays!
Welcome to the board DeltaAir61! You are very observant and correct. This is way undervalued and the company does have a bright future ahead of it. Hope to see you post more often.
GLTY
This certainly shouldn't be a Sticky!
It has NO current relevance to Energy 1 Corporation. It belongs on the SP_H board but not here.
Gary I'm sorry to see you move on. You've been a superb Mod on this board and I know it hasn't been easy. I realize you've been here for 15 months and Ialthough I wish you could have held on a bit longer, I can respect your decision. Regardless I wish you only the best! Happy Hollidays to You and your Family!
Nice to see you posting again Pardner! I agree that it won't be much longer before EGOC is current again. IMO 1st Qtr will be an important one for Energy-1.
GLTA Shareholders
You know very we'll that I'm unable to add anything or make corrections to the iBox any longer. And frankly it's only your opinion that these PR's are pure fiction. It's time to be impartial regardless of personal views.as a shareholder with skin in the game, I want it correct and updated with no personal judgements one way or another as to the iBox's contents.
Thanks for the cooperation Garyst! Please update the iBox with the PR's between 7/2/12 & 12/5/12 and the Company share structure and dates per OTCMarkets. I didn't think it was too much to ask for. I should have known to go directly to you rather than a public post to the Board Mods.
Thanks again!
We'll that's a partial update on the iBox but is there a reason you haven't included all PR's between 7/2/12 and 12/5/12 + the float and market value & dates shown below from OTCMarkets?
Share Structure
Market Value1 $851,900 a/o Dec 05, 2012
Shares Outstanding 1,217,000,000 a/o Dec 05, 2012
Float 1,049,192,000 a/o Dec 05, 2012
Authorized Shares 1,875,000,000 a/o Jun 30, 2012
Par Value 0.001
Ya think? <grin> I've never had any doubts that Ray has been working toward building a Real company! That's what it is regardless of what others may think. It's all unfolding before us. Even better days are coming!
GLTA
Would one of you Mod's please update the IBox with current Information from OTCMarkets and add all the PR's? This is one of your duties!
Thanks!
Any idea what's next??? It was foretold and Ray's following through with what he's said. This is the Real Deal.
Got Luck?
The majority of trades today were buys which is a pleasent change. IMO it will look much better when OTC get's rid of the stop sign. IMO that should be real soon. BTW....it's also nice to see some active traders watching EGOC for a change too! It needs an awareness campaign.
Energy 1 has a very bright future. Let there be some X-mas Cheer folks!
GLTA
A agree Realwill!
That should be released soon and it's the one we'd really like to see.
Got Luck?
Energy 1 Corporation Q2 filed 12/4/12
OTMarkets
Nice to see that you've gotten to know Ray a bit! IMO good things are coming our way real soon. Let's call it a change of Luck if you know what I mean! I was happy to settle or a few 6's today. Hopefully we'll be seeing higher lows along with higher highs.
GLTA
OK you've heard the perspective from other's regarding the Form D filing, now here's mine.
The bottom line is that the company presently in the process of ensuring compliance with the federal securities laws.
"While companies using a Reg D (17 CFR § 230.501 et seq.) exemption do not have to register their securities and usually do not have to file reports with the SEC, they must file what’s known as a "Form D" after they first sell their securities."
http://www.sec.gov/answers/regd.htm
Notice that there is no given timeframe such as 30 days or any other given timeframe "after they first sell their securities". Should it have been done sooner? Yes, but at least the company is now getting compliant.
In my opinion Raymond Brown is clearly trying to ensure the company is compliant with the SEC. This should only be construed as the first step the comapny must take in this process. As Raymond Brown previously stated the next step is to file the 2nd and 3rd Qtr financials, note: Q3 will be consolidated with M/L, along with Attorney's Letter and go back to "Current". Following this the company will return to the Form-10 process and pursue uplisting to OTCQB status.
This company is not a scam as others may imply. You need to ask yourself why would a scam company be able to acquire a $3 mil Credit Facility? Why would a scam company use some of those funds to acquire 100% of the equity interest in Master Lease? Why would a scam company continue to pursue approval of claim number 15 of it's patent application when in reality acceptence of 14 of 15 claims would have been adequate? The company has responded to claim 15 on or before 17 November 2012, as requested, and anticipates patent approval sometime thereafter.
Folk's IMO the company is headed in the right direction but you decide for yourselves. I wish everyone a Happy Thanksgiving!
That's correct. These are all positive steps toward an upgrade to QB status. I don't care what anyone says that's moving in the right direstion.
Amended Form D with the corrected date of 10/7/2010
http://www.fdic.gov/deposit/deposits/unlimited/faq.pdf
As stated earlier this is the first step in making this a fully reporting company. Look for more filings prior to the Form 10.
This is just the first of many indications that things are beginning to turn around. There will be plenty more information coming out as Energy 1 Corporation becomes a fully reporting company. Some will always tell you the glass is half empty rather than seeing the glass half full.
IMO this company is just getting started.
GLTA
Yes you're correct in everything you stated below!
John as I stated, I took these pictures myself with my I-Phone.
A 75 cent trade of 1500 shares at .0005...Nothing but manipulation! I tent to agree that it will run closer to .003. JMO
It may not be trading as everyone would like but it's not trading like a P&D either!
I see it much differently!
I see a company that has secured a $3mil Credit Facilty.
I see a company that used a small portion of that credit to make an all Cash purchase of the DEBT of the EQUITY OWNER and got the company Master Lease for FREE.
I see a company that now has $5mil in Assets with approximately 250 over-the-road trucks & trailers.
I see a company that is in a great position to not only increase the existing cash flow of M/L but also grow the shareholder value in Energy-1.
I see a company with a transparent and shareholder friendly CEO that is building shareholder value.
I see a company with a lot of upside potential.
I agree with you that EGOC will soon prove that your Solid as a Rock!
GLTY
Hi Big Tod! I'm not going to try to predict when Ray will execute what he laid out for everyone. It's not a matter of if but when and until then these 6's are a gift. At some point shareholders will have a decision to make and that is should they hold for value, take their initial investment off the table and let ride, or sell and move on.
GLTA
So RockYourStock I think you've had a chance by now to see what Raymond Brown is building here. I'm not sure if you've talked with Ray but he's done a pretty good job of laying things out. I'm admittedly a Value Shareholder and I frankly don't even watch the day-to-day PPS anymore since I'm in this for the long haul. I'm a bit curious of how others, like yourself, feel about this company though. Based on Ray's quote below how do all of you characterize yourselves?
Edited Repost from Raymond Brown
You know Garyst, that IS a good question, but I'm not sure I can answer it as I'm just as frustrated about the same idea, too - meaning, I want to know why as well.
However, I'll offer my two bits (in no particular order):
1. People make too much money trading within the band to allow the stock to go higher. "Everybody" knows you buy between trip-5 to trip-7 and you sell between trip-8 and double-1. Wash, rinse, repeat. (I have considered a whacky split, like 19 for 22, just to break this behavior. Not going to do it, though.)
2. People don't read past the first line of a PR. And if they do, they don't connect the dots. Our last 2 PRs said (a) we took down a cash-only credit facility 3 times larger than the market capitalization of the company, and then (b) bought a company with some of that cash-only credit facility that has revenue in excess of 5 times our market capitalization - if anyone bothered to do the math. We told you how many customers there are and how many trucks. Do the math. Even if you guessed wrong, you would still come up with a number north of the $500K market. But people don't read. Or can't do math? I'm not being insulting here, so forgive me if it comes off that way; but you would be shocked at how many ask a question that was actually answered in the second line.
3. Even if you DID do the math, are you really gonna buy in and wait for the stock to go to the value you believe it has when the stock price never seems to lift because of patterned-based flipping and the effect of constant negative views? When people should be looking at the fact that we have built shareholder value - something that cannot be taken away, regardless of PPS - they are sadly being directed to @#$% that doesn't exist or doesn't matter. The amount of wealth this group erodes must be staggering, indeed.
4. Good people suffer from self doubt and question themselves when its not going their way. They know they bought a good thing, they might have even talked to me or someone else at the company, they see that we have followed through on (almost) everything within the timeframe THEY thought was the right one to judge it by, and for some reason (1-5 inclusive) it just isn't going their way, and they sell what they know to be a good thing because they just can't stomach it any longer. (Sometimes I wish I could join them.)
5. The age of instant gratification has no room for value mathematics. Sadly, 99% of the shareholders in E1 are not owners or investors of a great company that's actually building value for them in the long run. If they were value buyers, the PPS wouldn't mean anything to them - in fact it would be a blessing that its so low, and these value investors would be begging me to continue to expand the business rather than contemplating and/or calculating if its better to privatize or institute a buyback. Rather, it is because of the need for instant gratification that most E1 shareholders are just buying and selling stock - seeking to get on and off the track with a profit so they can move to the next one. I don't blame them, nor chagrin the concept. But it is a reason, as are the above.
There might be a bunch more, but these - I believe - are core factors for stagnant PPS ratios.
I agree Garyst! There will be many more things that will be coming to fruition in Energy-1's future too! People have to realize that this is a Real Start-up Company! It's not a scam, it's not a Pump-N-Dump, it's not tied to any Canadian Mafia, and it's not diluting shares as some may say! This Start-up is taking things 1 step at a time and being fiscally frugal which benefits it's shareholders by growing within it's means rather than what a short term investor may like. Raymond Brown is building a company that will eventually transcend himself. I'm in this for the long haul and stand behind how Ray is growing this company. This is far from a scam!
GLTA
You're 100% correct! There's actually a lot more interest here than the number of posts would lead one to believe. There are many Longs that have what I would consider a majority of the shares locked up tightly. Most of these Longs are just sitting on their shares, knowing that their investment is very secure. You see we know that this is a Real company that has Real products and is currently growing! The market hasn't yet realized that the PPS should be 10 to 20x it's current levels but it will eventually catch up. Energy-1's future is very bright and Raymond Brown hasn't lost focus of his goals for this company! IMO this will far surpass everyone's expectations too!
GLTA
Let’s Review Some Points Made Earlier
In EGOC I see:
A Start-Up Company in its Early Growth Stage
1.) As for Products, Energy-1 has the following: ExhausTek, IonTek, TekFuel System, and with the recent acquisition of Master Lease it has a Truck & Trailer Leasing Facility with Approx. 250 Trucks and Trailers.
2.) As for Market, Energy-1 not only has the existing customer base of Master Lease but also has a potential market for fuel saving & emissions mitigation in numerous other industries beyond the trucking industry.
3.) As for Revenue, Energy-1 just acquired Master Lease which has an existing revenue stream. Further revenues will come from additional leasing and retrofitting of trucks.
4.) As for Financials, Energy-1 will be filing a Form 10Q that will include the recent acquisition of Master Lease.
5.) As for Volume/Momentum, it will come…..Keep Watching!
6.) As for No Leadership or Communication from Management, Energy-1’s CEO Raymond Brown has released multiple PR’s, conducted a Conference Call, answered questions from both shareholders and non-shareholders on multiple message boards. Ray will also take phone calls and return calls when he can. Raymond Brown has made significant progress as shown in the last four PR’s.
7.) As for No Promises Met, Energy-1’s CEO Raymond Brown has followed through with his business plan by in-use testing of its products that “Cut Diesel Fuel Use by more than a Third”. Let’s not forget “Receives Patent Application Update - Approval Expected 14 of 15 Patent Claims Accepted, 15th Claim in Review & Response”. Let’s not forget “Energy 1 Corporation Closes $3MM Credit Facility with TCA Global Credit Master Fund” Let’s not forget “Energy 1 Corporation Closes Master Lease Acquisition”.
8.) As for BS PR’s, Energy-1’s last four PR’s are anything but BS. These PR’s convey that Energy 1 Corporation is growing!
9.) As for Toxic Financing, Please read the top Sticky from Raymond Brown himself to clear up any questions regarding toxic financing that were implied on this board after the 9/28/12 PR “Energy 1 Corporation Closes $3MM Credit Facility with TCA Global Credit Master Fund.
10.) Energy 1 Corporation is only getting started and there's much much more to come!
It’s pretty clear that Energy 1 Corporation and its CEO Raymond Brown have made Great Progress and Energy-1’s future is very Bright indeed!
GLTA
I'm predicting much higher than that but not in the short term!
Garyst I agree completely! Ray is following through as he planned! It's ridiculous to claim the company would be unloading shares! The fact is there less and less negative material to put out there. This is a Real company following through with it's business plan to grow the company. The market will eventually get it, others may never get it but that won't stop the company from building this company! Energy-1 is headed in the right direction. I'm convinced Ray will prevail in executing his business plan!
GLTA
Once again False Information!
Raymond Brown isn't selling any shares and neither is Stu. That's a false claim that can't be proven. It's kind of funny because Stu doesn't even own any shares. This is also not a Scam but a Real Company that frankly made a great acquisition. The market will eventually realize it.
GLTY