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Looks like more than marketing. To me it looks like a sort of alliance of 600 chambers of commerce/universities throughout Europe.
Just got off the phone with Steve. He said Marketwatch missed the 8:30 deadline and will be posting at 9 instead. Guess we'll find out in T-5:00
Thanks Mike! Here's to tomorrow!
A little bird or Steve? I don't really care what the birds say anymore.
Thanks. I'm saving it this time! Sent him my questions.
Can someone post Steve's cell again? Or ask him if he can at least send word regarding audit status and/or timeline? Are we waiting hours, days, weeks, or months?
It's been over a month since the last audit news.
Thank you. I'm a dolt. I thought it was 2:10 (central time)
...nevermind
There is absolutely ZERO chance of news before opening bell tomorrow morning!
And there is absolutely ZERO chance of the Kings sweeping the Rangers tonight.
All the late-day buyers. That's a lot of people worried they'll miss the boat if the 10k is released overnight... IMHO
Yeah. Everyone's betting the 10k will be released after hours.
The lack of response is telling IMO
Amen! I thought I did good picking up .005's! (Well, let's be honest - I DID good picking up .005's, but still I think I'm allowed to be a LITTLE jealous of the folks on the L2 right now!)
Even with the ridiculous pumping? Lol!
The quote means "this is the ONLY consequence." Since they are not issuing new shares that is a non-issue (unless I am misunderstanding, it literally means they cannot dilute even if they wanted to - which they don't).
If the PPS was greater than $0.01 the downlisting to pinks would be problematic. But since we are under $0.01 as of May we would be in pinks anyway. So out of all of the list of consequences of not filing the 10k on time, the only one which has ANY relevance to ETEK is the quote above - and as pointed out even that is a non-issue.
Honestly, the biggest problem with not filing the 10k is that people have something to grasp at when they want to whine or instill doubt about ETEK.
I think the 10K is the only reason this is not in copper at this point. The sooner the 10K comes out the better.
I can't really blame the day traders for ignoring ETEK right now (since the 10K isn't due out for another week or two), but hopefully Tunks will drop the 10K without warning to reward those of us who are sticking around. If that happens, the day traders can kiss their hopes of sub-copper PPS goodbye IMO.
When filings are up to date, then ETEK's PPS will be based on the product. Right now it is based on fear/doubt.
Someone is trolling trying to pick up cheap shares...
Can they file for the reduction in AS prior to the 10K filing?
That is for OTCQB, not OTC Pink:
See the following link for the differences:
http://www.otcmarkets.com/learn/otc101-faq
The truth is that it needs to come out (and will, based on how Tunks has been running things). That being said, most of us understand that the 10k will come out and that the company is moving in the right direction.
Here is more information about the extension rule:
http://www.mbbp.com/resources/business/rule12b-25.html
http://www.cfoworld.com/compliance/8632/filing-late-make-it-10-k-not-your-10-q
http://www.law.uc.edu/sites/default/files/CCL/34ActRls/rule12b-25.html
And the list of companies the OTC currently has flagged as delinquent:
https://www.otcbb.com/DailyListContent/delistings/OTCBBDelOpenReport.pdf
Thank you Ogclip, nupapa, and ljst for being helpful, calm, and focused on DD today! Hopefully more profited from learning from you!
.0054 x .0056 with ~800k on the ask ranging .0058-.0061
So it's just a pledge to not have the potential for dilution at a later date?
Why don't YOU call Steve and address it with him? If you are calling BS you should at least man up and say as much.
So pardon my trip to amateur hour, but how does an A/S reduction work in OTC? Does the company just say they are no longer offering some of the float shares?
Thanks nupapa! Is someone calling? If not, I can at 10:00 CDT
...he says as the block dissolves...
And I'm sure it won't hurt that Mexico is the #9 oil producing country in the world...
https://www.cia.gov/library/publications/the-world-factbook/rankorder/2241rank.html
IMO, it seems like Tunks is more concerned with keeping the business on a growing path than "making the PPS blow up." Hopefully right now he's a little more worried about getting the 10K out than issuing PR...
Full disclosure - I want the 10k to come out for the sole purpose of proving Iran wrong.
Got darn close at .0096!
10k is due any minute (just as soon as the auditors are done)
I just got off the phone with Wiley at North Central Supply, LLC.
They are a startup, but have been working in the oil fields for a while. This first Eco-Tek hydraulic unit will be going on their first drilling rig.
Wiley said he became familiar with bypass filtration systems while working with another drilling company up north. While setting up NCS he knew he wanted to use a system on his rigs. After thoroughly researching filtration systems, he strongly believes ($25,000-worth) that Eco-Tek's system is the best available.
He also said they will have a website up and running in the near future.
Hope this helps.
.0080 to .0083 to .0088 I cannot follow what is happening here, but I like it!
.0080 asks are piling up again... Current is .0073x.0075
.0075 - 500k
.0076 - 115k
.0080 - 1.3M
.0080 - 850k
.0080 - 19k
The last two times the chart lined up like this we went on 100%+ rallies.
54k sold @ .0080!
.0072x.0080!!
.0069x.0072 and moving quickly
Wanting transparency is one thing. I would love to know exactly what's going on behind the scenes too! The good news is Tunks has (at least supposedly) been sending updates via SFJ.
The problem with what you are doing is not that you seek transparency. The problem is that you make wild accusations with nothing to back them up. That's called fear-mongering. Believer or non-believer, if you are going to make such a claim you should be prepared to back it up.
Did Tunks make any mention of implementing a solid data backup going forward?
Good thing they had the paper records!
He isn't looking for answers. He's trying to incite fear.
IF his fear was reasonable, the PPS would have collapsed Thursday. Alas, it did not which means we are not the only ones who believe there is more value in $ETEK