every day im hustling
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my bet 99% espi will be cashflow + after 1q results of this year. They absorbed a lot of their stock compensation losses. Their NOL is in the millions for 2012 stock gains which means they wont have to pay income taxes for a while they are cash flow +. this time next year esp sitting on 10 mill in cash at 3 bucks a share!!!! staying long esp and buying more. Long term real investment!!!
I believe there overhead is in preparation for a 50 million dollar 2012. Overhead will not increase, just the revenues. He prepared Espi for a tremendous future. Thinking long term people.... Small cap stock by end of year 2.00 average a share is my estimates if esp keeps increaing revenues like this.
Maybe for 1Q 2012, not for 4q 2011. Im just hoping cash flow +, since they have been eliminating all of their debt now for long term success!!!!
and dont forget that Metcalf can sell 150000 shares a month
Dont forget all the margin calls investors are getting, being forced to sell the stock. Also at a time with no buyers around. Once this closed under 5 bucks, margin requirements for any holding is dcth changed. I believe this company is now undervalued, and a screaming buy at these levels.
So basically we have a double in rev from 2010 to 2011, and double in rev from 2011 to 2012. For example, 6 million to 12 million, then 12 million to 24 million. Minimum 100% growth year over year.
And this is not including the middle east, or any additional business that can surprise.
I agree with all you have said, I feel news is imminent with the two!!!
As you can see I dont have pm.
Hey Loose, my two biggest stock positions are espi and dcth. I just happen to go into the dcth room to see if i could find out what the 25% plus increase was about this week, and you happen to be the last one posting....lol
Are you also invested in dc?
vhc was my third position that i just got out of this week!!!and kicking myself in the ass for it, but im just gonna buy more espi with that money
Today is a happy day for all espi investors. Drinks on me sho, where we meeting at?
oh really, check this out!!!!!!!!!!!!
ESP Resources, Inc. Signs Reseller and License Agreement With BPT Americas, LLC
for Distribution of Petrochemicals to the Middle East, Northern Africa and Russia
SCOTT, La., May 24, 2011 (GlobeNewswire via COMTEX) -- ESP Resources, Inc. (ESPI)
(the "Company" or "ESP Resources"), a manufacturer, blender, distributor, and
marketer of specialty chemicals and analytical services to the oil and gas
industry, announced that it has signed a Reseller and License Agreement
("Agreement") with a Bahrain-based petroleum trade company, BPT Americas, LLC
("BPT "), as the sole authorized reseller of all of the Company's petrochemical
products in the Middle East, including Northern Africa and Russia.
BPT, which maintains a representative office in Manama, Kingdom of Bahrain,
supplies materials to clients within the represented areas in the oil and gas,
chemical and petrochemical, corrosion protection, power generating, pipeline
construction and refining industries. BPT has extensive relationships with
several of the national oil companies located in the Middle East and Northern
Africa.
The Agreement is for an initial term of one year, with a five year renewal
period. Through this Agreement, testing is already underway of ESP Resources'
entire petrochemical product line to Tatweer Petroleum-Bahrain Field Development,
a joint operating entity between a major oil and gas exploration company and the
National Oil and Gas Authority of Bahrain. One of ESP Resources' senior field
technicians has been stationed in Bahrain for the past sixty days to oversee
testing and expects a recommendation for the use of the Company's products to be
submitted within the next thirty days. In addition, further testing of the
Company's petrochemical products is expected to commence in the countries of
Oman, Kuwait, Yemen and Saudi Arabia in the next six months as a result of this
Agreement.
"We expect the initial financial impact of this contract with BPT Americas to
boost our sales by over 15% based on the interest level generated to date by this
partnership," stated David Dugas, President of ESP Resources. "As testing unfolds
in these other countries over the next six months, the impact on our company's
growth can be significant for our revenue, profits and our international
presence," Dugas stated further.
Once they go cash flow positive, we out of otc, and into small cap or etc. My guess is people gonna wish they bought and forgot they owned espi. This time next year comes dollar land!
They are positioned for rapid growth. Do you guys think Mr. Dugas did that for no reason?
Looks like seller is out and we're gonna be back on the move again....
I think company should post how floods in New Orleans and Louisiana are affecting us in any way.
gonna look really bad if loi terms are not disclosed by friday....we will lose a lot of investors if nothing occurs!!!!!
Go to yahoo finance and check out key statistics on espi. Thought it was pretty interesting that the market cap is 20% lower than the enterprise value. Usually the market cap is 20% higher than the enterprise valuation. Another key stat showing we are undervalued here at .16. My average price is around .12, and Im accumulating more here. I feel like its only a matter of time till next earnings report, and this baby takes off again with positive report.
This is officially a buy ladies and gents, now I feel very comfortable to load the boat even more. GLTA
i just confirmed with TA, 538,921,049 shares outstanding and 2 million shares prefferred
i guess nobody confirmed share reduction yet
i think we get a pop in afternoon all the way to close. People will be posting verifications shortly after the TA opens their doors for business!
we need a pr ASAP to get this thing rolling! I already posted 8 times and only have 7 left, lol.
i wish i was liquid right now, i would be buying the shit out of this right now. Free money if that news posted by celsius is true! Im about to sell out of my other positions just to buy more of this.
a mill at 59, thats what i like to see!
i dont have premium sub. so i can only publicly reply
TA not open yet there in Arizona. I guess 3 hrs behind. They are probably going to get a lot of calls today. I think stock will finally take off after people confirm the share reduction with TA. I am long exto and cant wait for this to go over a penny!
If I call TA at 12 noon eastern time to confirm share structure, they will confirm that to me over the phone? Wouldnt investor relations of exit have to confirm something like that?
how can we confirm new share structure?
hopefully we get a wire on updated share structure
I think rustler is right. Unless we get a public pr on this news, we will probably close around .008 by end of day tomorrow. If pr is released, here comes penny land.
Hey Stervc, we haven't heard from you in a while. Any updates on company progression. News, name change--symbol change, etc....
anyone notice volume of about 1.3 mill shares and price going from 17 to 18, between times 2 to 2:10 pm today
Posted by: brianNYC Member Level Date: Thursday, March 25, 2010 9:12:57 AM
In reply to: chingooow who wrote msg# 18970 Post # of 19258 Send a link via email Share on Facebook Tweet this post
I usually don't participate in these boards, usually just read. But I can confirm that LNGT's CEO Battis is going to seal a deal
with General Dynamics to manufacture the Dazer Laser. Originally, they planned to manufacture the weapon themselves in NJ, but manufacturing/infrastructure upfronts costs couldn't compete with the ability for General Dynamics to be up and running and achieve scale at a lower cost
. Plus, the partnership with a large defense contractor is invaluable. It is a marketing and manufacturing deal. LNGT is set to make a move.
For them to be in General Dynamics booth, they are putting there name behind Dazer Laser. They don't just back any product.
www.laserenergetics.com/gallery_specopswarfighter.htm
wow, General Dynamics is real. Look at photo gallery on laserenergetics.com. I am so f'n happy right now!!!!!
I've been waiting for over a year now, I hope this symbol change comes soon.
i openned with firefox with no problems, but i wish this b i a t c h would get off already
right now there talking about online media
YouCould nt have said it any better....that's what happens when sig news comes out stock so thinly traded it will shoot up with sig news
Trust me I hope you guys are right with this 32 billion, because that means we all become instant millionaires with only 10000 in stock
with an average price of .17 cents......and with 100000 in stock you get 10 million coming your way!! Thats 10000 dollars chump
$10000.00 worth at .17 a share