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Like Van said, 2 real good indicators are the CMF which shows moneyflow, if that is positive and there is a positive convergance in the Accum/Dis it is probably a good chance there is no dilution. It was my belief and it was reaffirmed by Dart that there is profit taking thus the churning in this range, and the MM's are all too happy to partake in the money making.
ALL IMHO!
I dont forget that, but The chart hints no dilution and the company has said no dilution, so it doesn't make much sense to say there is dilution without some way to back it up, does it?
We are still waiting on your reasoning for the dilution. Any thoughts or are you just hoping for a cheaper price?
I think that set-up works for me as well!
http://www.investorshub.com/boards/read_msg.asp?message_id=20446225
I think this has a little more meaning, he backs up his opinion. You don't. Thanks for the help!
Dont play favorites, I want one too.
575 Maranello! http://cis.fvtc.edu/waterman/2005Chicago/Ferrari%20575%20Maranello.jpg
UBSS is getting on my nerves with his BS...
traderpaul, I agree, looks like a possible shake this AM, once these potential deals take effect and the revenue is in the Multi-millions I think EFGO will get proper valuation IMO.
GLTY!
EFGO More news. They seem to be a big hit in China!
EFGO -- Esprit Financial Group, Inc.
Com ($0.0001)
Esprit Financial Group Inc. (Esprit) (EFGO.PK) Receives RFQ for Credit Adjudication Services for Chinese Banks (Press Release)
Las Vegas, NV, Jun 14, 2007 (Pink Sheets News Service) — LAS VEGAS, NV, June 14, 2007 - Esprit Financial Group Inc. (ESPRIT) (EFGO.PK) www.espritfinancialgroup.com received a Request for Proposal (RFQ) today for a credit adjudication service to be implemented for a group o banks' objectives are to improve the performance of their overall loan portfolio, and reduce the number of loan defaults and delinquent accounts.
With the Chinese economy in overdrive, financial institutions want to maximize the opportunities to service the increasing levels of disposable income, while limiting unnecessary exposure to credit risk.
The group was attracted to Esprit after discovering our capabilities in the Australian PayDay loan market. The Company's Cash Now proprietary 'E5' credit adjudication system was successfully implemented in the Australian market, after being perfected in the North American market. The system includes a quick credit scoring analysis capability that is consumer friendly in terms of length and disclosure requirements, but robust enough to appropriately categorize the level of risk with any given loan application.
Importantly, the system was developed to allow lenders to assess credit risk even in the absence of traditional credit indicators such as loan history, payment patterns, and other third party verification. This is vital in the Chinese context, where financial institutions may not have the metrics and predictive payment behaviour of consumers that is taken for granted in North America.
What impressed the Chinese banks was the proprietary rule-based capabilities of the Cash Now 'E5'credit adjudication system, specifically designed to evaluate risk where there was little or no credit history.
Esprit has developed a method based on the patterns with which customers answer questions about their loan requests to provide sufficient input upon which to base a scientific evaluation, rather than reliance on strictly traditional business techniques. The 'E5' Validity Scale takes most of the guesswork out of the loan approval process.
Garr Winters, CEO of Esprit commented; "We were quite surprised and flattered that the banks were familiar with our success in the Australian market, and were aware of our loan risk assessment capabilities. This may prove to be a very unexpected dividend over and above the original intent of developing our 'E5' system for the PayDay loan industry. We will begin working on a formal proposal immediately upon our return to North America".
Winters added; "We are a little surprised to discover that there is demand for a variety of our service capabilities beyond our initial anticipations. We hope to build strong relationships that will blossom into additional service contracts as the Chinese banking sector branches out to new service capabilities included within our AEFM EFT+ portfolio of products".
Esprit Financial Group, Inc. is currently featured at http://www.audiostocks.com. Additionally, a recent CEO interview by Wallst.net. can be reviewed at www.wallst.net/audio/audio.asp?ticker=EFGO&id=3421.
EFGO More news. They seem to be a big hit in China!
EFGO -- Esprit Financial Group, Inc.
Com ($0.0001)
Esprit Financial Group Inc. (Esprit) (EFGO.PK) Receives RFQ for Credit Adjudication Services for Chinese Banks (Press Release)
Las Vegas, NV, Jun 14, 2007 (Pink Sheets News Service) — LAS VEGAS, NV, June 14, 2007 - Esprit Financial Group Inc. (ESPRIT) (EFGO.PK) www.espritfinancialgroup.com received a Request for Proposal (RFQ) today for a credit adjudication service to be implemented for a group o banks' objectives are to improve the performance of their overall loan portfolio, and reduce the number of loan defaults and delinquent accounts.
With the Chinese economy in overdrive, financial institutions want to maximize the opportunities to service the increasing levels of disposable income, while limiting unnecessary exposure to credit risk.
The group was attracted to Esprit after discovering our capabilities in the Australian PayDay loan market. The Company's Cash Now proprietary 'E5' credit adjudication system was successfully implemented in the Australian market, after being perfected in the North American market. The system includes a quick credit scoring analysis capability that is consumer friendly in terms of length and disclosure requirements, but robust enough to appropriately categorize the level of risk with any given loan application.
Importantly, the system was developed to allow lenders to assess credit risk even in the absence of traditional credit indicators such as loan history, payment patterns, and other third party verification. This is vital in the Chinese context, where financial institutions may not have the metrics and predictive payment behaviour of consumers that is taken for granted in North America.
What impressed the Chinese banks was the proprietary rule-based capabilities of the Cash Now 'E5'credit adjudication system, specifically designed to evaluate risk where there was little or no credit history.
Esprit has developed a method based on the patterns with which customers answer questions about their loan requests to provide sufficient input upon which to base a scientific evaluation, rather than reliance on strictly traditional business techniques. The 'E5' Validity Scale takes most of the guesswork out of the loan approval process.
Garr Winters, CEO of Esprit commented; "We were quite surprised and flattered that the banks were familiar with our success in the Australian market, and were aware of our loan risk assessment capabilities. This may prove to be a very unexpected dividend over and above the original intent of developing our 'E5' system for the PayDay loan industry. We will begin working on a formal proposal immediately upon our return to North America".
Winters added; "We are a little surprised to discover that there is demand for a variety of our service capabilities beyond our initial anticipations. We hope to build strong relationships that will blossom into additional service contracts as the Chinese banking sector branches out to new service capabilities included within our AEFM EFT+ portfolio of products".
Esprit Financial Group, Inc. is currently featured at http://www.audiostocks.com. Additionally, a recent CEO interview by Wallst.net. can be reviewed at www.wallst.net/audio/audio.asp?ticker=EFGO&id=3421.
EFGO More news. They seem to be a big hit in China!
EFGO -- Esprit Financial Group, Inc.
Com ($0.0001)
Esprit Financial Group Inc. (Esprit) (EFGO.PK) Receives RFQ for Credit Adjudication Services for Chinese Banks (Press Release)
Las Vegas, NV, Jun 14, 2007 (Pink Sheets News Service) — LAS VEGAS, NV, June 14, 2007 - Esprit Financial Group Inc. (ESPRIT) (EFGO.PK) www.espritfinancialgroup.com received a Request for Proposal (RFQ) today for a credit adjudication service to be implemented for a group o banks' objectives are to improve the performance of their overall loan portfolio, and reduce the number of loan defaults and delinquent accounts.
With the Chinese economy in overdrive, financial institutions want to maximize the opportunities to service the increasing levels of disposable income, while limiting unnecessary exposure to credit risk.
The group was attracted to Esprit after discovering our capabilities in the Australian PayDay loan market. The Company's Cash Now proprietary 'E5' credit adjudication system was successfully implemented in the Australian market, after being perfected in the North American market. The system includes a quick credit scoring analysis capability that is consumer friendly in terms of length and disclosure requirements, but robust enough to appropriately categorize the level of risk with any given loan application.
Importantly, the system was developed to allow lenders to assess credit risk even in the absence of traditional credit indicators such as loan history, payment patterns, and other third party verification. This is vital in the Chinese context, where financial institutions may not have the metrics and predictive payment behaviour of consumers that is taken for granted in North America.
What impressed the Chinese banks was the proprietary rule-based capabilities of the Cash Now 'E5'credit adjudication system, specifically designed to evaluate risk where there was little or no credit history.
Esprit has developed a method based on the patterns with which customers answer questions about their loan requests to provide sufficient input upon which to base a scientific evaluation, rather than reliance on strictly traditional business techniques. The 'E5' Validity Scale takes most of the guesswork out of the loan approval process.
Garr Winters, CEO of Esprit commented; "We were quite surprised and flattered that the banks were familiar with our success in the Australian market, and were aware of our loan risk assessment capabilities. This may prove to be a very unexpected dividend over and above the original intent of developing our 'E5' system for the PayDay loan industry. We will begin working on a formal proposal immediately upon our return to North America".
Winters added; "We are a little surprised to discover that there is demand for a variety of our service capabilities beyond our initial anticipations. We hope to build strong relationships that will blossom into additional service contracts as the Chinese banking sector branches out to new service capabilities included within our AEFM EFT+ portfolio of products".
Esprit Financial Group, Inc. is currently featured at http://www.audiostocks.com. Additionally, a recent CEO interview by Wallst.net. can be reviewed at www.wallst.net/audio/audio.asp?ticker=EFGO&id=3421.
EFGO More news. They seem to be a big hit in China!
EFGO -- Esprit Financial Group, Inc.
Com ($0.0001)
Esprit Financial Group Inc. (Esprit) (EFGO.PK) Receives RFQ for Credit Adjudication Services for Chinese Banks (Press Release)
Las Vegas, NV, Jun 14, 2007 (Pink Sheets News Service) — LAS VEGAS, NV, June 14, 2007 - Esprit Financial Group Inc. (ESPRIT) (EFGO.PK) www.espritfinancialgroup.com received a Request for Proposal (RFQ) today for a credit adjudication service to be implemented for a group o banks' objectives are to improve the performance of their overall loan portfolio, and reduce the number of loan defaults and delinquent accounts.
With the Chinese economy in overdrive, financial institutions want to maximize the opportunities to service the increasing levels of disposable income, while limiting unnecessary exposure to credit risk.
The group was attracted to Esprit after discovering our capabilities in the Australian PayDay loan market. The Company's Cash Now proprietary 'E5' credit adjudication system was successfully implemented in the Australian market, after being perfected in the North American market. The system includes a quick credit scoring analysis capability that is consumer friendly in terms of length and disclosure requirements, but robust enough to appropriately categorize the level of risk with any given loan application.
Importantly, the system was developed to allow lenders to assess credit risk even in the absence of traditional credit indicators such as loan history, payment patterns, and other third party verification. This is vital in the Chinese context, where financial institutions may not have the metrics and predictive payment behaviour of consumers that is taken for granted in North America.
What impressed the Chinese banks was the proprietary rule-based capabilities of the Cash Now 'E5'credit adjudication system, specifically designed to evaluate risk where there was little or no credit history.
Esprit has developed a method based on the patterns with which customers answer questions about their loan requests to provide sufficient input upon which to base a scientific evaluation, rather than reliance on strictly traditional business techniques. The 'E5' Validity Scale takes most of the guesswork out of the loan approval process.
Garr Winters, CEO of Esprit commented; "We were quite surprised and flattered that the banks were familiar with our success in the Australian market, and were aware of our loan risk assessment capabilities. This may prove to be a very unexpected dividend over and above the original intent of developing our 'E5' system for the PayDay loan industry. We will begin working on a formal proposal immediately upon our return to North America".
Winters added; "We are a little surprised to discover that there is demand for a variety of our service capabilities beyond our initial anticipations. We hope to build strong relationships that will blossom into additional service contracts as the Chinese banking sector branches out to new service capabilities included within our AEFM EFT+ portfolio of products".
Esprit Financial Group, Inc. is currently featured at http://www.audiostocks.com. Additionally, a recent CEO interview by Wallst.net. can be reviewed at www.wallst.net/audio/audio.asp?ticker=EFGO&id=3421.
Just watching the MM's move the bid/ask (i dont have l2 to see who was doing it) but I strongly believe they are shakin the tree!
1 trade for 500,000 shares was mirrored down to .0005. Just a trick IMO.
OT: GRUS over .01 so we now know it IS possible with our O/S.
OT: GRUS had a huge loss, and the share structure seems odd. 5 bill A/s but about 4 bill O/S. Looks like 3 bill was given to the CEO and is restricted, but still one person owning that much makes me nervous.
http://www.sec.gov/Archives/edgar/data/1084983/000090901207000856/t303470.txt
MAXM bidding again with no ask. NICE! I like that guy...
True long term gains is 15% until 2010 I believe will depend on the Dems in congress after that I think.
Short term gains are taxed as income at your income tax rate.
Lots of buys last 1/2 hour, 5 million just now, lets roll. Shake n Bake!
That is true, most brokers do not provide free L2 on pinksheets because it is so shaddy and the large lots we deal with down here do not even need to be represented because they are over 1000 so oversize bids are not required to be shown.
buys coming in now, maybe it is starting to sink in that we are undervalued...
EFGO (.0007) Receives RFP for an Internet-Enabled Payroll Services for Local Government in Jiangxi Province
PR Newswire "US Press Releases "
LAS VEGAS, NV, June 13 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (EFGO.PK), www.espritfinancialgroup.com, received a Request for Proposal (RFP) today for an online payroll system for government employees in Jiangxi Province.
The Esprit senior management team had a very satisfactory meeting today with local government officials, who wish to develop and deploy an online payroll system wherein government employees could be paid via Internet or at ATM style kiosks throughout the Province. With a population of roughly 65 million people living in Jiangxi Province, this is a very significant undertaking for both Esprit as well as the local government.
With a proposed project budget estimated to run approximately USD $40 million, Esprit will be looking for additional strategic private sector partners to fund development costs and assist with the deployment.
The Government officials have requested that the project go forward as a privately funded initiative, and that the private sector partners will subsequently participate on a revenue sharing basis from all transaction fees generated by the system.
Fees would be levied on each transaction using the system, representing a recurring monthly revenue stream anticipated to run into millions of dollars on an annualized basis.
Esprit CEO Garr Winters explains: "This type of project represents a significant initial investment from the private sector, with excellent long-term rewards. Upon deployment, there will be a Government guaranteed subscriber base, generating a recurring stream of revenue and account activity on a monthly basis. Much like a toll-road, employees/government departments will pay transaction fees each time funds are deposited or withdrawn using the online payroll system.
"We will be able to put a pretty solid estimate together of payroll throughput based on existing data from the current payroll systems. Additionally, we know that this project will generate revenues on a long-term basis as the source of revenue is tied to ongoing payroll payments".
Winters added: "This is an ambitious project a little bigger than our initial expectations when we landed in China. We will be looking to bring the requisite private-sector funding from strategic partners and capital markets in the U.S., or possibly Europe. We envision putting a consortium together wherein Esprit will lead the project management process working with our other private sector partners for the actual development and deployment process.
"Furthermore, the government requested an approach that could be scalable and rolled out to other Provinces once successfully implemented. Estimating the long-term potential of a significant rollout is a little like asking 'how high is up'. The long-term potential is estimated to be in the millions. Obviously, we are quite excited and see this as wonderful news for our shareholders".
About Esprit Financial Group Inc.
Esprit Financial Group Inc. is a public company engaged in a diversified number of online financial services. These include:
- PayDay Loans: A pioneer in the payday loan industry, the Company
licenses comprehensive software solutions to industry participants,
under the Cash Now banner at www.cashnow.org .
- Forex: The Company's Forex Trading division offers an innovative low-
cost Forex trading service at www.cashnow.com targeted to active day-
traders.
- Advanced Electronic Funds Management: This division offers a number
of class leading financial services that facilitate a variety of
Internet based international electronic funds transfer and cash
management solutions.
- Structured Debt Resolution: This division will offer streamlined,
cost effective alternative services to facilitate the negotiation of
debt settlement online.
Safe Harbor Statement
Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, continued acceptance of Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.
SOURCE Esprit Financial Group
EFGO (.0007) Receives RFP for an Internet-Enabled Payroll Services for Local Government in Jiangxi Province
PR Newswire "US Press Releases "
LAS VEGAS, NV, June 13 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (EFGO.PK), www.espritfinancialgroup.com, received a Request for Proposal (RFP) today for an online payroll system for government employees in Jiangxi Province.
The Esprit senior management team had a very satisfactory meeting today with local government officials, who wish to develop and deploy an online payroll system wherein government employees could be paid via Internet or at ATM style kiosks throughout the Province. With a population of roughly 65 million people living in Jiangxi Province, this is a very significant undertaking for both Esprit as well as the local government.
With a proposed project budget estimated to run approximately USD $40 million, Esprit will be looking for additional strategic private sector partners to fund development costs and assist with the deployment.
The Government officials have requested that the project go forward as a privately funded initiative, and that the private sector partners will subsequently participate on a revenue sharing basis from all transaction fees generated by the system.
Fees would be levied on each transaction using the system, representing a recurring monthly revenue stream anticipated to run into millions of dollars on an annualized basis.
Esprit CEO Garr Winters explains: "This type of project represents a significant initial investment from the private sector, with excellent long-term rewards. Upon deployment, there will be a Government guaranteed subscriber base, generating a recurring stream of revenue and account activity on a monthly basis. Much like a toll-road, employees/government departments will pay transaction fees each time funds are deposited or withdrawn using the online payroll system.
"We will be able to put a pretty solid estimate together of payroll throughput based on existing data from the current payroll systems. Additionally, we know that this project will generate revenues on a long-term basis as the source of revenue is tied to ongoing payroll payments".
Winters added: "This is an ambitious project a little bigger than our initial expectations when we landed in China. We will be looking to bring the requisite private-sector funding from strategic partners and capital markets in the U.S., or possibly Europe. We envision putting a consortium together wherein Esprit will lead the project management process working with our other private sector partners for the actual development and deployment process.
"Furthermore, the government requested an approach that could be scalable and rolled out to other Provinces once successfully implemented. Estimating the long-term potential of a significant rollout is a little like asking 'how high is up'. The long-term potential is estimated to be in the millions. Obviously, we are quite excited and see this as wonderful news for our shareholders".
About Esprit Financial Group Inc.
Esprit Financial Group Inc. is a public company engaged in a diversified number of online financial services. These include:
- PayDay Loans: A pioneer in the payday loan industry, the Company
licenses comprehensive software solutions to industry participants,
under the Cash Now banner at www.cashnow.org .
- Forex: The Company's Forex Trading division offers an innovative low-
cost Forex trading service at www.cashnow.com targeted to active day-
traders.
- Advanced Electronic Funds Management: This division offers a number
of class leading financial services that facilitate a variety of
Internet based international electronic funds transfer and cash
management solutions.
- Structured Debt Resolution: This division will offer streamlined,
cost effective alternative services to facilitate the negotiation of
debt settlement online.
Safe Harbor Statement
Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, continued acceptance of Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.
SOURCE Esprit Financial Group
EFGO (.0007) Receives RFP for an Internet-Enabled Payroll Services for Local Government in Jiangxi Province
PR Newswire "US Press Releases "
LAS VEGAS, NV, June 13 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (EFGO.PK), www.espritfinancialgroup.com, received a Request for Proposal (RFP) today for an online payroll system for government employees in Jiangxi Province.
The Esprit senior management team had a very satisfactory meeting today with local government officials, who wish to develop and deploy an online payroll system wherein government employees could be paid via Internet or at ATM style kiosks throughout the Province. With a population of roughly 65 million people living in Jiangxi Province, this is a very significant undertaking for both Esprit as well as the local government.
With a proposed project budget estimated to run approximately USD $40 million, Esprit will be looking for additional strategic private sector partners to fund development costs and assist with the deployment.
The Government officials have requested that the project go forward as a privately funded initiative, and that the private sector partners will subsequently participate on a revenue sharing basis from all transaction fees generated by the system.
Fees would be levied on each transaction using the system, representing a recurring monthly revenue stream anticipated to run into millions of dollars on an annualized basis.
Esprit CEO Garr Winters explains: "This type of project represents a significant initial investment from the private sector, with excellent long-term rewards. Upon deployment, there will be a Government guaranteed subscriber base, generating a recurring stream of revenue and account activity on a monthly basis. Much like a toll-road, employees/government departments will pay transaction fees each time funds are deposited or withdrawn using the online payroll system.
"We will be able to put a pretty solid estimate together of payroll throughput based on existing data from the current payroll systems. Additionally, we know that this project will generate revenues on a long-term basis as the source of revenue is tied to ongoing payroll payments".
Winters added: "This is an ambitious project a little bigger than our initial expectations when we landed in China. We will be looking to bring the requisite private-sector funding from strategic partners and capital markets in the U.S., or possibly Europe. We envision putting a consortium together wherein Esprit will lead the project management process working with our other private sector partners for the actual development and deployment process.
"Furthermore, the government requested an approach that could be scalable and rolled out to other Provinces once successfully implemented. Estimating the long-term potential of a significant rollout is a little like asking 'how high is up'. The long-term potential is estimated to be in the millions. Obviously, we are quite excited and see this as wonderful news for our shareholders".
About Esprit Financial Group Inc.
Esprit Financial Group Inc. is a public company engaged in a diversified number of online financial services. These include:
- PayDay Loans: A pioneer in the payday loan industry, the Company
licenses comprehensive software solutions to industry participants,
under the Cash Now banner at www.cashnow.org .
- Forex: The Company's Forex Trading division offers an innovative low-
cost Forex trading service at www.cashnow.com targeted to active day-
traders.
- Advanced Electronic Funds Management: This division offers a number
of class leading financial services that facilitate a variety of
Internet based international electronic funds transfer and cash
management solutions.
- Structured Debt Resolution: This division will offer streamlined,
cost effective alternative services to facilitate the negotiation of
debt settlement online.
Safe Harbor Statement
Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, continued acceptance of Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.
SOURCE Esprit Financial Group
EFGO: they continue to amaze me, a small profit last fiscal year will turn into a multi-million dollar financial services company in no time at all. already estimates of about 15 million+ in revenue over next 12 months.
Taking on private partners and financers IMO.
That was quick!
hitting the ask now, testing for another 200k shares
hehe no. I was confused.
haha, I don't have much. Poor college kid remember, I am looking to finish buying around 2.5 mill.
I am just hoping some of our friends like Allin, chud and van need a tax break and donate some money for my college fund :)
Waiting for some funds, should be clear soon. Was planning on buying at .0008, but I am ok with .0007!
My average is .0016 still so some of you dont have it so bad ;)
but apparently it will take a lot of pressure to get some pressure going.
Is it UBSS on each side?
DOMS to .001, lets go.
I should get some money free shortly and will slap the ask.
well I know they charge a small commission which isnt the norm in the industry, but they should also profit from the PIP spread once they become a broker/dealer, and like a MM they will make money off of any trade they deal in.
"Initial analyses suggest the revenue potential from this service alone could reach USD $12 - $15 million."
I believe it would be from this new project being discussed in the PR. Couple with the very conservative (IMO) estimates from other businesses and we are looking at a potential $20 million on the low side. (I personally think their projection of $500,000 in sales from Forex is completely lower than possible, in an industry that moves 3 trillion dollars a day!)
wooohooo free 2 week premium trial, unlimited posts. Lets talk about something!
Chart not so good today, all the buys under the high hurt the CMF and RSI.
Lots of good things happening though 12 million sounds good. Also GRUS Ran to .005ish and their O/s is like ours and I didnt see any great news...
good point!
There is the answer to your question, all these people with buys at the .0006 range, with low volume we wont leave them behind.
People buy @ the ask we move, that simple...
All MM's lined up at .0008? Not seen that before. Maybe a fake wall?
I miss seeing LEEB at .01!