Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I also added to my collection yesterday. Most volume we have had in a long time. Someone or some group is buying big time. There is lots of support in the .30's Wondering if dilution is going on, as OTCX is a known diluter. No matter, the company does need cash as revealed in their last financials. Hoping the offering is closing soon and if, we add 75 mill to the till, the company can move on forward. The O/S would grow, but so would our cash. Waiting for some update telling us how long before the launching of the super app. Still very confident we will be in the $$ very soon. GLTA.
This is quite an incentive to close the offering of 75 million shares at $1. We should be past $1 very soon. Yes, lots of shares added to the O/S, but also lots of cash added to the till.
NOTE 9 – SUBSEQUENT EVENTS
On November 7, 2022, the Company entered into an amended employment agreement with its CEO. The agreement provides for a signing bonus of $4,000,000 payable upon the completion of funding to the Company via a public offering. The agreement also provides for a base salary of $3,900,000 per year. Upon signing of the agreement, the employee was granted 12,000,000 shares of common stock effective as of October 21, 2021. These shares were issued on September 14, 2022.
On November 7, 2022, the Company entered into an amended employment agreement with an employee. The agreement provides for a signing bonus of $1,000,000 payable upon the completion of funding to the Company via a public offering. The agreement also provides for a base salary of $1,300,000 per year. Upon signing of the agreement, the employee was
granted 5,000,000 shares of common stock effective as of October 21, 2021. These shares were issued on September 14, 2022
Quarterly report ending Sep 30, 2022 is out.
https://www.otcmarkets.com/otcapi/company/financial-report/351146/content
If you are talking about the 2 CEO's selling, I do not think the volume justifies selling their 800,000 presently. They are holding on to them for now. As we said previously, there is lots of support in the present price range. The float would not be able to handle a dump of 800,000 shares. We would be in the low pennies if that was to happen. Hopeful for the next round of news. Hopefully we get an update on the launch of the app, or maybe an update on the offering.
Although the top 2 Ceos of Enga filed last week to sell 440,000 shares each with the SEC, that got me worried a bit. I think there is a huge run coming and just like everyone else, they also want to profit. Yes, there is lots of support in the mid .30's range, but I also wonder if there is dilution taking place or is it someone straight out selling? Been quiet for a while, but once news starts up again, pretty sure we will be in the $$'s. Just an opinion and nothing else.
S/S has been updated. No increase in outstanding shares.
https://www.otcmarkets.com/stock/ENGA/security
Which also means no dilution.
Strong Buy Recommendation
https://www.thestreetnow.com/spotlight/enga/
ENGA looking strong.
Looks like we have stalled again. Although there have been some nice slaps on the ask and the price has gone from the .20's to the .40's in recent weeks, it looks like the mm OTCX is diluting. I think as long as he is there selling shares, the SP will not be going up unless we get some blockbuster news. If there is dilution going on, I don't think there has been more than 150k shares diluted, judging from the volume traded in recent sessions. This stock is still considered a low floater and any good news can send it into the $$. GLTA.
Someone showing lots of confidence by slapping the ask.
? What are you talking about?
Looking good. Could easily go past .50
Sounds very positive. Niiice!!
I think most of the buying is by either one individual or one group. They have bought up about 40k$ worth of shares in the past couple of days. Just hoping they are buying for a reason. We will know soon enough. The company has been quiet recently.
Elon Musk tweet:
Cybertruck will be waterproof enough to serve briefly as a boat, so it can cross rivers, lakes & even seas that aren’t too choppy
— Elon Musk (@elonmusk) September 29, 2022
Legit question. If I was a potential buyer of the offer price of 1$, why would I not buy the present common shares in the 20 cent range now, rather than the offering price of 1$? Wouldn't those be thinking of buying the offer shares at 1$, be buying them because they would be worth at least 1$?
In a previous NR, there was mention of Bebuzee's mobile division and they were looking into getting into the EV business. What strikes me about that mention is the fact, although a long shot, Musk is probably looking somewhere else to enter the social platform business, since the Twitter deal fell through. Electric vehicles, social media platform. Nice combination.
How long before it reaches 1$? Hours, a day, a few days, we're looking good.
Some nice buying coming in.
Mr. Berkus has been on the board for a while. He's behind this project 100% Nice guy to have involved in this.
Has a nice sound to it "Plans to up list"
Annual Report published on Sept. 18, 2022
https://www.otcmarkets.com/otcapi/company/financial-report/346979/content
I'm going to start a rumor. Not based on fact, but on hope. Mr. Onyero mentioned electric cars. Musk is interested in buying a social platform after the deal with Twitter fell through. Musk-electric cars hmmmm.... partnership in the works? That would be amazing.
Very impressive. Can't wait to get the show on the road. 14 million pre registered users? Electric cars? Wow!
Anyone able to watch the interview?
Anyone able to watch the interview?
Interview begins at 15:30 Should work then.
Oh my God!! I'm selling all my shares!!
Today can be the start of a long run.
Nice find. Word is starting to spread.
I honestly believe they have to get the name/symbol change before they launch the App. There is no way they will launch the App. trading under Engage Mobility Inc. It's long in the making and news can drop at any time. A long time ago Mr. Onyero stated all requested docs by FINRA had been handed to them. Once the App. is launched, I think so will the fireworks!
You are incredibly right. They opened more offices in Europe, they are about to launch the App, name/symbol change coming, they are over 50 million in subscribers and awaiting more from Europe & NA. Yeah, you're right it's a pump. My advise, buy shares. You will thank me later.
I threw it out months ago, more as a joke that Musk should make a bid for Bebuzee after the deal to buy Twitter fell through. Although it's a long shot that Musk would be interested in Bebuzee, no one really knows. First step is to launch the App. There is also the business of getting the name/symbol change. Still waiting on that one. We still don't know the share allocation? There has not been an update on the recent announcement of the offering. It does seem Bebuzee is starting to get some "Buzz" on the stock forums. Looking good for the stock price in the near future. We just need more NR's and this will start moving quickly again. At these prices, those who are able to acquire more shares are pretty lucky. Patience is the word.
Now this is impressive from the May 18th, 2022 NR.
"Bebuzee has increased its users by 78% during this pandemic, gaining over 40million users and being selected among the top 48 fastest growing British tech companies and the first and only Social Network to offer free streaming of movies, documentaries, series and talk shows globally."
Not meaning to double post. My mouse double clicks.
This company hit a high of $4.85 on the confirmation Bebuzee was taking over the Enga shell back in December. Since then, the price has fallen essentially because of non news. Waiting on name/symbol change and etc... Then we only had a float of about 1.2 mill shares. With what is expected of this company, this company can easily hit the highs and then some. Still a low floater. No dilution. Patience is the word.
This company hit a high of $4.85 on the confirmation Bebuzee was taking over the Enga shell back in December. Since then, the price has fallen essentially because of non news. Waiting on name/symbol change and etc... Then we only had a float of about 1.2 mill shares. With what is expected of this company, this company can easily hit the highs and then some. Still a low floater. No dilution. Patience is the word.
Nobody selling??
Curious as to why a group of posters suddenly posting on the Enga thread. Yes, news is expected and hopefully the launching of the App hits the NA markets very soon. Not, complaining. Good to see interest building. With the right news, this could easily be back in $$ land.