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long.....lol. I'm usually hold about a month or two most. What's the outlook on this? Target? I just picked this up from my scanner and through in $300 to test it out. Might pick up some more
Yo. Just picked up a few shares yesterday.
Encompass Holdings, Inc. Returns 100 Million Shares to Its Corporate Treasury
RENO, Nev., March 2, 2010 (GLOBE NEWSWIRE) -- Encompass Holdings, Inc. (Pink Sheets:ECMH), www.encompassholdings.com, announced today that it will return 100 million shares of the company's issued and outstanding Class A Common shares to its corporate treasury. This transaction will reduce the current Issued and Outstanding Common Shares to approximately 600 million shares and divide the Authorized Shares into two groups, 749,985,000 Class A (trading and voting) and 15,000 Class B Common (non-trading) shares.
Rotary Engines, Inc. (REI), a major Encompass shareholder and minority shareholder of Rotary Engine Technology, Inc. (RETI), has traded 100 million Class A Common trading shares of Encompass Holdings' stock in exchange for 15,000 Class B Common non-trading "voting only" shares. The Class B Common share as a class will represent 66.67 percent of the voting rights of all issued and outstanding Encompass Class A Common voting shares.
REI had received these shares when it sold its rotary engine proprietary property to RETI, a joint venture with Encompass Holdings, giving Encompass a 51 percent ownership control of RETI and the rotary engine technology.
Larry Cooper, President of REI, stated, "We felt it was in everyone's best interest to convert this large block of trading shares to non-trading "voting only" shares in order to reduce the Encompass issued and outstanding shares while showing our strong support for the current Encompass management.
Scott Webber, CEO of Encompass, commented, "Several members of our current management team came from the rotary engine constituency, myself included. This stock exchange insures our continued commitment to make improvements to the Encompass financial structure and management control for the long-term benefit of our shareholders."
The Encompass Holdings, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6962
Forward-looking statements in this news release are made under the "Safe Harbor'' provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by the forward-looking statements, including the impact of changed economic or business conditions, competition, the success of existing and new product releases and other risk factors inherent in product development and other factors discussed from time to time in reports filed by the company with the Securities and Exchange Commission.
CONTACT: Encompass Holdings, Inc.
J. Scott Webber
InvestorRelations@EncompassHoldings.com
News out of them returning 100 millions shares to corporate treasury
http://www.globenewswire.com/newsroom/news.html?d=185611
picked up 80K more. Thinking if I should go ahead and get more or wait on a dip...
I'm showing LABS is sitting at top bid of .0095 right now. Using etrade pro for l2. Has been the best in my experience
LMAO, sounds like the George Bush/Barak Obama situation
Look at all those small 5K share orders bidwacking. Must be MMs trying to lower the price to pick more up. As soon as they stop, seems it has no problem recovering quickly. Should run when they get their fill, imo.
You must have had expidited shipping or something.....My total cost wast $29.40 for two bulbs. Shipping was only $7.99 for me.
Oh, don't care/not concerned about pumping. Just curious.
Yea. I meant the ihub board. and I saw that someone has posted on it. Although it seems to be a very new board
can't wait
I wonder when they will start buying up ETNL shares, or at least post a PR about their new deal together
Has anyone posted any of this info on the MATW board?
Thanks. I'm avg. in at .00579. Sitting pretty, I think
YEa. I read it. Was just curious as to why after every sell on the ask, a larger one goes through on the bid. I'm in long!
ETNL now on Twitter - http://twitter.com/eternalimageinc
# An important and exciting 8K was filed with the SEC today. Please be sure to visit www.sec.gov and read our filing - about 19 hours ago via web
Lucky I got in just before this happened, lol. Not a very patient person.
I wonder who is dumping all these shares. After every order gets filled. A larger order dumps just below it on the bid. Company releasing shares? MMs trying to pick up shares before a run?
Got my shares!
Man, these huge orders are flying past mine. Never had this problem with NITE before....
i want my shares, aaaaaaahhhhhhhhhhhhhhhhhh!, lol. I just moved my bid up to .01, just for the hell of it. Go ETNL!
Sitting on the ask and not getting filled. I even moved bid past ask and still won't fill.....
you should have avg. down then man. I bought at .0078, .0055, .0044, .0035, .0026. up $80 bucks now.
nice post!
I can't see that's it's being pumped. At least not in any of my newsletter subscriptions. I have an email account solely for newsletters and have about 20 - 30 of them. Not one has mentioned ZVTK since the 15th, and that was just a watch alert.
no news yet, but they did update their air times on their website. I'd say look for a pr on that tomorrow or Monday. We'll see....
same here. Long. Avg at .0032. Every time I walk down a hardware isle at the store and see light bulbs, i instinctively look for Ionic Bulbs, lol
SELL ON ASK. Profit takers selling some now.
He dude, that just means you entered an order that exceeds your funds. Ameritrade isn't blocking you. Reduce your order size and watch it go through.
I just bought 100K more through Ameritrade at .0027
Nice! No one seems to be bidwacking. Let's keep it up. Don't kill the momo. Sell on the ask
would like to see one tomorrow or Monday. let it run on it's own today.
Air Times - http://newionicbulb.com/tv_air.htm
Take a look at the three or five day, 60 minute chart. Nice triangle forming. We should see another breakout run in the next few trading days.
7 days for shorts to cover and their currently shorting 26% of the float.
My roommate got filled at .00205 yesterday somehow through Ameritrade, lol. I didn't even know it was possible to get a fifth decimal place.
Lol. I'm in WLKF as well. Na, I probably don't have anything else o add. I didn't see it before.
Value, can you make up the ibox and sticky some posts you think are important? Or can you make me an assistant and I will do it?
So this is what I have so far:
Float of 13M
Ourstanding 13.7M
7 days for shorts to cover and their currently shorting 26% of the float.
The total volume today was 1M and 200K went through at HOD last minute of trading at .02. Then just after close another order went through for 220K at .022. I picked this up on my eTrade scanner today, btw.