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Filing on time and showing some decent sales should turn this around. The weak hands have been selling since the R/S was announced, they would only slow the run and its good to see them go.
News Out!
TORONTO, Apr 29, 2008 (MARKET WIRE via COMTEX) -- Element 21 Golf Company
(OTCBB: ETGF) (FRANKFURT: BJQ), the manufacturer of advanced Scandium Alloy golf
and fishing equipment, announced that it has signed a $4.24 million minimum
order Scandium shafts distribution deal with Kanata Shaft Co.
The three year exclusive Scandium shafts distribution deal for North America has
been in the works since January 2008. Kanata Shafts has conducted extensive due
diligence by a foremost industry expert with a 40 year career in design and
manufacturing of golf shafts. The due diligence was aimed to primarily satisfy
possible OEM requirements in terms of quality, consistence and volume
capabilities. The satisfactory completion of due diligence formalized the
contract between Element 21 Golf and Kanata Shaft Co.
About Kanata Shaft Company:
Kanata Shaft Co. LLC is an Ohio Limited Liability Corporation established to
distribute and market Scandium shaft technology and other golf components and
products primarily in the U.S. to fitters of golf equipment as well as OEMs and
other manufacturers of golf products. The manager of Kanata S.C. is Alan Fadel,
who has assembled a team of experts including Robert Bush, Marvin Giles, and
Eoghan O'Connell.
About Element 21 Golf Company:
Element 21 Golf Company develops and markets award winning golf and fishing
products made from the Company's next-generation, proprietary Scandium Alloys.
Element 21's high performance products deliver dramatic improvements in
distance, consistency, accuracy and feel over the most popular products in the
US$5.5 billion golf and the US$48 billion international fishing markets.
Originally developed for advanced aeronautics in jet fighters including the MiG,
Element 21's patented Scandium Alloys provides the highest strength-to weight
ratio of any material currently used in sports -- 25% improvement over Titanium,
40% improvement over Graphite/Epoxy, 52% improvement over Aluminum, 70%
improvement over Steel. They also provide unique vibration dampening properties
resulting in products with unprecedented feel over competing materials.
Element 21 Golf Company has recently expanded its product line to include
fishing equipment that has quickly secured international recognition by winning
several top honors at the 2007 ICAST, the world's largest sports fishing trade
show.
Forward-Looking Statements.
Statements in this release, other than statements of historical fact, may be
regarded, in certain instances, as "forward-looking statements" pursuant to
Section 27A of the Securities Act of 1933 and Section 21B of the Securities
Exchange Act of 1934, respectively. "Forward-looking statements" are based on
expectations, estimates and projections at the time the statements are made, and
involve risks and uncertainties which could cause actual results or events to
differ materially from those currently anticipated, including but not limited to
delays, difficulties, changed strategies, or unanticipated factors or
circumstances affecting e21 and its business. A number of these risks and
uncertainties are described in Element 21's periodic reports filed with
Securities and Exchange Commission. There can be no assurance that such
forward-looking statements will ever prove to be accurate and readers should not
place undue reliance on any such forward-looking statements contained herein,
which speak only as of the date hereof. Element 21 undertakes no obligation to
republish revised forward-looking statements to reflect events or circumstances
after the date hereof or to reflect the occurrence of unanticipated events.
It did not make sense to put the EGLF symbol on the infomercial then change the symbol. I am putting trust in their plan, lets hope this hits big some day because I think that is what they are looking for a "Home Run".
If it goes below $1, no mutual funds will buy it. I dont think its heading there, the weak hands are just about gone.
Let the weak hands sell, when the news does hit, it will just make a bigger run.
For those that are feeling hopeless here: Most of this selling is people who do not support the R/S, I think its a mistake to sell here but hey, its their money. I wish them good luck on whatever stock they move on to but I am staying here and ADDING at this level.
I am buying here just as I would if it were .085.
It did trade early up to 2.60 but has since traded lower. I added 61(@1.61) shares this am and looking to add more if the trade goes through,
Trying to get more shares at 1.65 but only got 61 of 300 filled.
No more Raging Bull message board, not sure if the new symbol will have one but the old one is gone.
Element 21 Fishing Triples Production of the Carrot Stix(TM) Line of Fishing Rods
07:44 a.m. 04/28/2008 Provided By Market Wire
TORONTO, Apr 28, 2008 (MARKET WIRE via COMTEX) -- Element 21 Golf Company (ETGF) (FRANKFURT: BJQ), the manufacturer of advanced Scandium Alloy golf and fishing equipment, announced today that April 2008 deliveries of the fishing segment of the company have tripled over its deliveries in January of 2008.
Currently, Element 21 is supplying fishing rods to these major distributors and retailers: West Marine, Cabellas, Simmons, Farris Brothers, Sportsman's Warehouse #151, Pitman Creek, Big Buck Trading Post, Buckey Outdoors, Cedar Creek Tackle, Delos Custom Tackle Shack, Ecommerce Outdoors, Efinger Sporting Goods, Fauntleroy Supply, Flippers, Gable Enterprises, Gradys Great Outdoors, Green Top Sporting Goods, Gene Lockwood, Gunnison Sports, Guns Sporting Goods, H K Gun and Pawn Earnest, Infinite Sports, Legends Outdoor Advantage, Mark's Outdoors, Puglias Sporting Goods, S.O.B. Fishing, Shotgun Sports Supply Co., Susquehanna Fishing Tackle, Tackle Box, Tackle Direct Warehouse, The Bass Shop, The Great Outdoor Store, Wacky Worm, and Woods and Waters Inc.
Heavy consumer demand continues to exceed new capacities, particularly as the new marketing initiatives for the Salt Water Carrot Stix(TM) series, go nationwide with two programs ("Fishing the Flats" and "Fins and Skins" with Henry Waszczuk) featuring Element 21 Carrot Stix(TM) and EMC2 Golf equipment.
Element 21 is expanding its retailer commitments based on new production capabilities. Pre-orders are booked only when product is being shipped to the Element 21 distribution centre to avoid late deliveries. Element 21 is working to be EDI (Electronic Data Interchange) ready by or before June 2008, in order to bring on board large US retail chains, and thus grow bigger Carrot Stix(TM) sales.
"The increased production levels are satisfying only the current distributors. In order to open new accounts and expand the existing accounts, additional production ramp up is underway. The challenges to a) increase production capacity in a very short time period b) maintain ultra tight quality controls, and c) match growth in sales with timely deliveries have been enormous. Processes have been implemented to source raw materials and components, and to train new employees, so that the current delivery obligations are met, and future production continues to increase," commented Dr. Nataliya Hearn, President and CEO of Element 21 Golf Company.
Getting listed on the Naz would be a huge boost, lets hope that the sales are good enough to attract that sort of attention. From the sounds of the fishing, the infomercial and success of pros using the shafts, it is very much possible.
C.E. Unterberg, Towbin, LLC.
Foreign
646-885-1258
Main
212-402-5000
OTC/OTCBB/Pink Sheets
646-885-1257
Its on the TV right now!
I often think that with most golfers I see. I look and say "how can this guy even hit the ball straight?" but people can.
Here is the link to the infomercial>
http://www.nobilo.com/frankvideos.php
Vijay near the top and Jerry Kelly finished second. em
Yes 50+ min interview and only 10 of it was golf talk about E21. What is with the FULL SONGS playing between commercials?
Listen to the interview, you will buy more shares:
http://podcasts.lvrocks.com/details.aspx?castid=144
Interview was to promote the EMC2 product. Scandium and E21 mentioned right at the beginning of the show. Vijay Singh mentioned by name and Rick said many others are using or trying the shafts. He talked about how great he thinks the technology is, lighter shafts that are stronger than steel. You dont feel the vibriation of the impact.Rick Smith and Roger Maltbie are in it, shot in California. Should be airing very soon. National and international sales should be great. This is just the beginning of Element 21 .
One day it will be revealed that he is not human. He is a Golf Cyborg.
Hello Jack , sorry for the delay in getting back to you. We where at
the
bass masters classic last week and things have been crazy. I would say
the carrot stix is one of the hottest rods on the market, it is a very
light weight and very sensitive rod. Peter
-----Original Message-----
From: [mailto:jcljack25@yahoo.com]
Sent: Monday, February 25, 2008 9:27 PM
To: simmons@ssg.bz
Subject: Carrot Stix
What can you tell me about the E21 Carrot stix
products you carry on your Ebay store? I am not a big
fisherman but was curious when I saw the product on
your Ebay store.
Thanks,
jack
VV, its nice to see you back. em
I think once the real buying starts, we will move up .10 in 1 day.
I will grab more when I sell DISK, waiting for a buyout and an easy double there.
Hello Jack,
Yes, this is a big seller. The special thin about these rods is that
they are made with carrot fiber which are embedded into the
construction
with nanotechnology. They have a hollow butt end for blank weights and
they have a very comfortable handle.
Please email or call if you have any further questions or concerns.
Thank you for choosing Tackle Warehouse.
Dan/Tackle Warehouse staff
info@tacklewarehouse.com
(800)300-4916
You never know, Nataliya said that over 50 pros are using the shafts. Maybe Sergia is but he is just not as good.
Some day, most pros will be using them.
This is a golf guy who feels they could rival Callaway. That is a BOLD statement.
Infomercial will be happening this time:
Dear Michael:
Fair question but always hard to answer. I think down the company will have
to split in two resulting in a shaft company and a separate club company. By
saying that, I certainly believe in the material and I think the shafts with
the test results that I have seen with doubt can stand on its own. 1degree
of Torque is unmatched, shock absorbing qualities and "memory" in the
material means it will not stiffen or become brittle over extended use.
The club company aspect has so many other issues and it is interesting that
you mention Olimar as their Tri-metal fairway woods were a huge success and
not only were a good club but made Olimar a lot of money. The problem came
when they tried to deviate from what worked. I believe the E21 hybrid is an
excellent product designed well and tests equally as good. Because they have
something unique to start with (the material ) they have a huge potential.
As a club company R and D as well as the designers will determine the
future of E21.
At this stage due to the people that I have already met I am positively
optimistic and that is why I decided to get involved. It would be neat to be
involved in a company from the ground level that one day you never
know...... might rival the Adams or the Callaways of the world.
Frank
I think the fishing line is going to provide much needed capital. The shafts are the best thing out there, I that for fact because I have personally tested them against the best out there.
Taylor Made, Mizuno etc...none of them hit better than the E21 shafts. This was not just me, this was members of the Golfsmith store, with all of their equipment.
Jason Day is also using the shafts:
Element 21 Scandium Technology Places 2nd and 6th at the AT&T Pebble Beach National Pro-Am
Tuesday February 12, 8:05 am ET
TORONTO--(MARKET WIRE)--Feb 12, 2008 -- Element 21 Golf Company (OTC BB:EGLF.OB - News) (Frankfurt:BJQ.F - News), the manufacturer of advanced Scandium Alloy golf and bio-fibre fishing equipment, announces that two players using Element 21 Scandium technology on an unendorsed basis placed 2nd and 6th at the AT&T Pebble Beach National Pro-Am.
It took some time for me to switch to the wedges because of getting the feel for them. A 7 iron is a 7 iron for about 160 yards but a 56 degree wedge used for anything inside 100 takes some time.
Thats just my thinking about it.
I got this email today. I think fishing may become the leader for this company.
EGLF may become EFSH, LOL
Jack,
My friend and I got on the phone with M.McDevitt and he was willing to let us in on some information. I dont see him really lying and seemed very excited about the fishing. He told us right now through some marketing report that is out that E21 rods where the number #1 seller in the country and that the demand has well exceeded supply. He was saying golf is flat probably until the infomercial but fishing is exceeding expectations.
Very true, only current shareholders find any info and it takes some digging. They need something to bring in NEW sharehodlers.
Someone on the Yahoo MB recently had one and was very pleased with what he found out. Not sure if it holds any weight, could be 100% BS but it sounded good.
I posted it because of this post on Yahoo and what I saw on the E21Golf website.
Re: Who knows how many playing the shafts 6-Feb-08 06:28 pm I was just informed by a retailer in my area that went to the Golf Show that Justin Rose and Kristie Kerr are using them and Annika is testing them.
by: kconnect43
I pressed them in the past to get a shareholder meeting and they had one. Nobody showed up.
nala, when a company goes BK, only the preferred shareholders get anything back. To covert to common shares, I think is a positive sign but we will see.
Is everyone aware of the Yahoo message board? I think it will be a more often viewed place to post by potential investors so if you have anything good be sure to post it there.
Or you can just rely on me copying the good stuff over there. Many come to the Yahoo message boards to get an idea on a stock from the current shareholders, so anything positive we post will be good.