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I'm saying that Eric is dodging the question about how much was borrowed in the first tranche from TCA
Also everybody who said TCA must have seen hhse audits before establishing the $5M line of credit has been proven wrong by Eric's blog post.
Without seeing the audit, no way TCA loans more than $100K in my opinion on the first tranche.
eric doesn't want to release this number because of how rinky-dink it will make the line of credit look.
Blah blah blah, stopped clock
you need to clean those glasses, you shifty devil.
not subpenny
Obviously not an expert, but would think a junior miner priced slightly over a penny with current ztem being flown could catch somebody's interest.
Really thought we'd see the $.03s during the flight.
Wrong on that, but probably NOT wrong when I bought my position at $.0097
starting to smell the flop sweat of failure on this stock
I would say the number of titles of those 24 anybody has ever heard of is close to nil.
Probably about as successful as Turtles.
jajajaja
remember when people were posting how "everybody has had a turntle so the movie will be packed."
Now that's some due Diligence and the reason some were buying at $.06.
jajajaja
Blah blah blah, dumpage. Blah blah blah, somebody bump the needle; the record is stuck.
gotta be hard to spin a $.095 ask as positive.
no, not audit or other "real" news.
Just another press release that never puts any money in shareholder products.
Not every movie has to be bought and/or released as this NR is protected by Forward-Looking Statements."
there are no longer any significant buyers who can be persuaded by the empty PRs that Eric releases.
stock price < $.01
and the reaction to this news: Ker-Plop 9Still sub-penny on low volume0.
a big nothing.
There just doesn't appear to be the revs on some of these "straight to video" releases.
Maybe they will break even on the 8 titles in time to make a payment against the few dollars they borrowed from TCA.
sounds to me like somebody was eager to unload 435,000 shares.
maybe hhse was trying to raise $3500+
hahaha
Outstanding Shares and Authorized Shares approaching each other.
Wonder how long it will be before Eric has to announce a secondary share offering.
At what price?
$.004? $.005?
Blog post by eric, and based on everything else he has NOT delivered, his use of the word, ?significant," is meaningless in a blog--as well as protected speech.
give out the exact amount borrowed eric.
in a real company you would have to report it in an 8K
you say you want to be in a better exchange.
That's the kind of scrutiny you will get.
my thought is that eric is very content with the shadows a non-reporting pink sheet company provides to him.
why would I retract anything.
This TCA release adds no new information.
It's a line of credit not a $5M loan.
Maybe TCA will ultimately loan hhse $5M, but because eric is keeping the amount of the first tranche secret, we'll never know how much the company has accessed.
If you think the company has borrowed $5M, you are WRONG.
Bears are just sellers of these awful hhse shares.
there are buyers and sellers and right now way more sellers because Eric can't deliver what he says.
FUGLY close to an ugly day.
all manipulation and games, I suppose.
marketmakers are supposed to buy and sell stock.
whether you're buying or selling, there is a price the mm will fill you at.
all this ridiculous talk of manipulation is nothing more than keeping the market functioning in a thinly-traded stock.
there is not a ghost behind every tombstone.
only a few people are actually saying TCA has loaned this company $5M.
To actually think that is to have lost touch with reality.
Where is the exact number borrowed?
Reporting companies must file 8Ks on such an event--to actually allow shareholder to assess the financial workings of their investment.
Eric treats shareholders like mushrooms.
AND THE BLOG ENTRIES DO NOT COUNT AT ALL!!!!!!
None of them are coming true and I know that because the share price was $.0093 today and threatening to go lower.
and that might be why there are many people here down 80% or more on this stock.
maybe, but you can't go bankrupt by issuing shares like you can by accessing a line of credit with no way to pay it back.
Don't you think TCA will make Eric squeal when they assess the library titles to start paying back anything they borrowed.
Wonder if they would allow more than $5,000 for Turtles?
all i saw was $.0093!
hahaha
these marketmakers are apparently going to manipulate all the longs out of their entire investment in this p.o.s.
as predicted--the share price plummets and it's time for a rehash of all the blog posts we've all committed to memory by now. Next up? Eric "The Dealmaker" biography in about 10 different places.
The one thing nobody ever posts is facts besides the O/S increasing and the price below a penny again today.
Every speck of good news comes only from the company's own protected speech blog.
Tracy's proper comment on this question, which she has posted on FB several times, is, "The most current news release (regarding times for collection/analysis) will be accurate unless they need to update."
i don't know that the form 10 is done and the only way anybody here thinks they do is from company blog.
as far as the audit being done for the TCA credit line, I believe that the $5M number is for Headline purposes negotiated by Eric. (He is great at negotiating things that on the surface sound good--VOD, 2500 titles--but just never come to fruition.)
the reason why we don't know the number in the first tranche (other than the word, "significant," in a blog protected by forward-looking statement and one's own definition of significant) is because it is so low as to cause even more angst among the group of longs barely hanging by a thread.
Not an instrument invented that could measure the current lack of interest in ERHE.
maybe Geotech has already seen some goodies and is willing to take some restricted shares in payment for the additional acreage.
how can i be any more unbiased than not owning shares and NEVER planning to again?
I just see this one as bleeding out because Eric cannot deliver an audit or Form 10 as promised.
He CAN'T deliver it even though he is desperate to do so because there is something wrong with the picture.
Nobody is going to sign off on anywhere close to $25M for the library, and if the true value ($1.5M or so) was known, the ole Dealmaker would have a hell of a time getting any more money from TCA after probably a miniscule first tranche.
Trapped like a rat comes to mind.
But, I am unbiased.
wouldn't you think a junior miner penny stock in the midst of ztem would generate some better interest in the market?
c'mon, where are the buyers?
as an unbiased bystander with no shares, I think this week's action is beginning to resemble a few retail longs that have tired of the patience hhse requires--especially when patience is no guarantee of anything here.
Even the tone on this board seems to indicate more distaste for Eric's unmet promises on so many things.
Again, the only positives one can infer come from the company's own-generated press releases. Surely nothing completel that has been promised unless one takes the kindest reading on company blogging.
agree with this patriot cat.
begs the question if it is so obvious why isn't eric doing it?
There really cannot be any valid reasons why the audit is not released unless there are still undisclosed problems.
about time for another blog about how they've been really busy on other things for a month and the audit had to go back burner but they are getting ready to focus like a lazer beam on the audit---sometime soon.
daleb, I read that as "if the testing is good (ie calibration, etc.) then the real flights begin. I don't really know if that is actual mineral analysis of the flight
those assets are such a joke.
a bunch of movies that go right to the sale bin IF they are ever released.
Accounts receivable will not be 100% receivable
and the most optimistic reading of the line of credit ISN'T a random hypothetical?
what if they WANT to borrow $5M, but TCA says they will only loan $100K against the weak assets?
no motive; no interest in owning except maybe at $.006 for a trade to a penny
who is supposed to be fooled?
Everything positive about this company has come from their own blog posts--and if the even blogged about doesn't happen, they are still protected by "forward-looking" statement provision.
don't own the stock but have a couple of different times and felt fortunate to cash a bit each time.
I was a trader not an investor because there isn't enough information available to me for a longterm hold.
Blah blah blah, thin to sub penny. Blah blah blah, need new material.
I think NTEK is a relationship with another penny stock company with no revenues even speculated on by the companies. VODwhiz is a "me, too" product that has never made the company a nickel and exists only as a blog entry so far.
the amount of tranche is NOT a proprietory secret although the exact expenditures of the proceeds might be. If this company was OTCBB or even QB, within 3-5 days (???) they would have to file an 8K with that amount.
One can't just pretend and call it a fact because that is what they wish was true.
How much have you borrowed E.P?
the amount of the 1st tranche is a reportable event on an 8K if this was a reporting company.
since eric and fred run it in the dark there is no rule that requires them to report.
just feed the mushrooms waiting on real facts a little more manure and keep them in the dark.
what are they waiting on to disclose the first tranche amount. They don't have to have a lawyer or accountant sign off on it.
Eric could never run a reporting company as they have regulations like 8K for important events that have to be filed.
I think he likes it better in the dark.