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What's l2 looking like?... Curious how thin the bids are to see where I might put my bid...
Yeah I am on the low side of that... But in the range... I was thinking $.25-$.30...
I'm happy either way!
I think the company will beat expectations... I would love to see see profits in the 3rd quarter PR!
Got any PPS / valuation projections? EOY? End of next year?
I am coming about $0.25 EOY and $1.50 EOY next year...
Thoughts?
Right... I got my bid at .0101... Sometimes these days get you deals towards the close!
Another dead day... I really cannot wait for these slow summer days to pass...
Hows l2 looking?
Could not agree more... Was checking a few other boards and see a guy on yahoo saying the recent deal diluted shareholders value by 50%...
Dumb statements like this probably scare new people away... We went from 320m shares to 370m shares... Not great, but no where near 50%...
Wondering if the negativity is an attempt to get people to sell their shares...
As crappy as the oil climate has been, it's probably also the same catalyst that has caused us to get recent MSAs... I like where we are headed!
Awesome! Good to know! I might try the same...
How'd you get in touch with the Alvin fund manager?
Any luck contacting others? Kevin Casey?
That is frustrating to hear. I would hope that the reduced salaries will light a fire.
It is exciting that we have some major players now as customers. We still have the EP Energy relationship per my last talk with IR (10 days ago). I figured they were gone when we saw Q1 numbers... And we just got an MSA from Concho (huge win here) and one other oil company. I still cannot figure out who this company is...
I know it has been slow, but I do believe the events of the last few weeks will serve as a shot in the arm for the company!
I guess this is where I am a bit naive and don't have the history... I have kept tabs on this company for 5-6 years, but didn't take a significant position until this February.
I know profitability was expected sooner, but to my knowledge the company never mislead anyone.
The first quarter was awful due to the oil markets. Chad Crady was a horrible hire. Everyone makes mistakes.
I would like more transparency in the form of sales updates, etc... I think their marketing is awful. I do believe in the product and in Lavance! That's why I am here!
What specifically has caused you to lose trust?
Just because their compensation is based on EBITDA I would not necessarily assume that their breakeven is based on the same. I hope not at least... Both either way, that would be a significant increase in revenues and I am sure cash flow breakeven would follow a quarter later or so...
Effective July 1, 2016, David R. LaVance, the Company’s President and Chief Executive Officer and Thomas S. Gifford, the Company’s Executive Vice President and Chief Financial Officer, each agreed to reduce their respective annual salary to $110,000. Prior to the reduction, Mr. LaVance’s annual salary was $235,000 and Mr. Gifford’s annual salary was $200,000. The reduced salaries will remain in effect until: (a)(i) IET reaches positive earnings before interest, taxes, depreciation and amortization, adjusted for non-cash expenses (“Adjusted EBITDA”), for one calendar quarter, and (ii) the subsequent calendar quarter Adjusted EBITDA is projected to remain positive, factoring in the increased salaries for each of Mr. LaVance and Mr. Gifford, or (b) some other corporate activity occurs whereby an adjustment is justified, as determined by the Company’s compensation committee.
Thanks... I missed that! Let me go back and read it!
What makes you think it is based on EBITDA and not cash flow?
I would prefer cash flow as well, but progress is progress imo...
Thanks! Will do!
Awesome! I am being greedy! I have a low PPS bid in... Already have almost 2m shares...
Someone keeps nibbling at the .0119 in 10k chunks....
How's l2 looking now?
In the end the revenues and profitability will trump everything...
But for now, I am wondering why more people are not jumping in an driving the price up to .03 and .04...
I could not be more excited about the future... I guess others want to wait for definites...
So maybe they will get in once profitability is posted ... But that could be the difference of me getting 30x the return they can get... I think by EOY next year we are looking at $1.50ish...
I would rather be buying this for a penny versus $.30... Sure if they can fetch a 5x return that is great, but I am looking at 150x... Sure there is risk at this stage of the game with a company like we have, but a lot of that risk was migrated by the last 2 PRs...
No reason to be at these levels...
I guess to be it does not add up when you actually look at the trades...
I guess manipulation is a strong word, but i do think someone is taking advantage of thin bids...
Honestly it is smart trading... If they have enough share and are willing to fill numerous small quantity (10k) bids to bring the price down in hopes of picking up larger lots at lower prices then I guess more power to them...
I am a little more old school. You buy and you wait... I have averaged down a few times, but never drove the price down in the fashion that we saw yesterday...
I guess the concern for me is why is it that easy for someone to do right after really good news?
I am here til the end because I believe in IEVM, excelyte, and Lavance. But the trading has been confusing for sure!
Yup... Definitely odd when you look at recent trades... We seem to be dropping... But of the 1.7m shares traded this week something like 1.2m have traded at .014 or higher...
Strange...
Speaks to the manipulation i feel we are seeing...
A stock with a low float that has approximately 150 investors would be easy to do this with...
And to my knowledge it is not illegal because supply and demand are allowing it...
As long as the churning is not a broker just trying to increase trading few profits it is allowable to sell the shards to a buddy or yourself and drove price down or up with bids or asks are thin...
The hope is to shake nervous investors out of their shares...
I would say it isn't working all that well based on the percentage of the shares traded that fall above .014!
Thanks Gary! That's me at .0096!
An 8-k and a QR filed with the SEC is binding as well... I am sure people are not willing to risk their reputations, careers and livelihoods... Has it happened with stocks before, sure... But not with people like this company has with years of proven track records...
You can keep doubting... All doubters are doing is helping me pick up more cheap shares...
I don't mind it one bit...
I only ask for L2 to ensure I am getting the best deal on each trade... Just helps me get more shares in the long run.
GLTA!
Good morning! What's l2 look like today?
Perfect, thanks!
What's l2 look like?
Agree... Doesn't change anything... It does not surprise me that more people want in after the news...
Just wish people would do it the honest way...
The more news we get and the more eyes we get on us the less this will happen...
It is the last chance right now and someone is pulling out all the stops...
Someone is manipulating it... Try buying and you will constantly get outbid...
They are fixing it in a zone and filling their own or their buddies shares to drag it down when it is thin...
Just trying to accumulate shares and then they will make it run... I guarantee it...
Such a joke...
Who knows... Someone that is just accumulating before the run...
Does not matter who it is imo...
With such a limited number of investors the bids are easy to exploit...
Someone is just taking advantage of thin bids... No real story here...
Walking us down on low volumes... And boom then the ask comes right back to .0149....
Someone is just walking this down right now...
Legally, the clients require them to not publish the name ... It is pretty standard...
Confused just as you are...
Nice volume spike here!
Very true... Likely some folks that are just happy to see the increase from yesterday and are selling out but this thing is just getting started here...
This is going to be huge. With the 3 big customers we have, the depots we have built and the patents we have alone we can grow into a multi dollar stock...
I have been very conservative in my assessment of PPS on this company at about $.25 a $.30 between now and EOY! I was using a 30 PE ratio, but based on what else I am seeing in the industry and the optimism around this product I actually believe PE might come in over 100 at profitability meaning we could honestly hit a dollar by year end!
You have to be a fool to bail out of this right now...
We have EP energy, Concho and one other large "unknown" client at this point ! We are set guys!
We have 1 of the fastest growing producers in Concho and are positioned in the 2 fastest growing basins in the country (Permian and Uinta)...
GLTA, but seriously you don't want to sell your shares guys....
Who is selling this stock at these levels? Makes no sense to me!
Let's bust through the .0165 and .017 and get into the .02s. No business being down here based on recent news...
This is going to blow up soon... Don't be a fool and sell your shares...
What's l2 look like?
IEVM - big news
Green company chafing the way fracking is done. Green product that reduces costs and improves efficiencies. Finally breaking the barriers! We now have 3 large customers! Breakeven by year end! Likely sooner - don't miss out!
https://www.equities.com/news/iet-helps-commercial-and-industrial-sectors-tackle-environmental-challenges-with-innovative-cleaning-and-disinfectant-solutions
IEVM - fracking supplier that is cost effective and improves efficiencies! Good niche with tightening margins for producers!
UP 60+% yesterday on great news and breakeven by EOY! This company is finally getting big fish customers! Things are growing rapidly here!
LITTLE RIVER, S.C., July 18, 2016 /PRNewswire/ -- Integrated Environmental Technologies, Ltd. (OTC QB: IEVM) ("IET" or the "Company"), a specialty chemical supplier providing EPA-approved, cost-effective, environmentally responsible cleaning and disinfecting solutions primarily to the oil and gas industry, today announced that it has signed two Master Service Agreements ("MSA") with two new customers - an independent oil and natural gas company whose primary operations are focused in the Permian Basin, notable for having launched one of the most active drilling programs in both Texas and New Mexico with over 5,700 producing wells; and an independent oil & gas company whose current well count totals approximate 5,285 nationwide across 10 basins, of which approximately 1,785 wells are located in the Permian Basin. During the next thirty days, IET expects to begin Excelyte® treatments under these newly executed MSAs on an initial battery of 8 wells in the Texas Permian region and an initial battery of 8 wells in the New Mexico Permian.
"A notable trend has been developing within our current and potential customer base: a rigorous push towards cost-effective solutions. The second greatest cost associated with operating a typical well is its on-going chemical treatment program. IET's Excelyte® program has been proven to generate significant cost savings to the well operator because the treatment is substantially less expensive than the competition, uniquely effective in eliminating H2S, and significantly reduces bacteria. Importantly, ongoing maintenance treatments of Excelyte® materially reduce corrosion of well parts and equipment," commented David LaVance, President and Chief Executive Officer of Integrated Environmental Technologies, Ltd. "IET is gaining recognition by some of the larger operators, and, we are happy to note, our opportunity pipeline is growing, the number of well treatments is increasing and, importantly, the quality of our revenues is improving. During the introductory phase of Excelyte® in 2015, we naturally were given the most challenging well projects whose life-expectancy was limited. With validation achieved during 2015 and 2016, we are experiencing increased opportunities with larger producers treating larger fields with longer-term producing wells. We are experiencing recovery from the lows of the beginning of the year and continue to target cash flow breakeven during December 2016."
IEVM - fracking supplier that is cost effective and improves efficiencies! Good niche with tightening margins for producers!
UP 60+% yesterday on great news and breakeven by EOY! This company is finally getting big fish customers! Things are growing rapidly here!
LITTLE RIVER, S.C., July 18, 2016 /PRNewswire/ -- Integrated Environmental Technologies, Ltd. (OTC QB: IEVM) ("IET" or the "Company"), a specialty chemical supplier providing EPA-approved, cost-effective, environmentally responsible cleaning and disinfecting solutions primarily to the oil and gas industry, today announced that it has signed two Master Service Agreements ("MSA") with two new customers - an independent oil and natural gas company whose primary operations are focused in the Permian Basin, notable for having launched one of the most active drilling programs in both Texas and New Mexico with over 5,700 producing wells; and an independent oil & gas company whose current well count totals approximate 5,285 nationwide across 10 basins, of which approximately 1,785 wells are located in the Permian Basin. During the next thirty days, IET expects to begin Excelyte® treatments under these newly executed MSAs on an initial battery of 8 wells in the Texas Permian region and an initial battery of 8 wells in the New Mexico Permian.
"A notable trend has been developing within our current and potential customer base: a rigorous push towards cost-effective solutions. The second greatest cost associated with operating a typical well is its on-going chemical treatment program. IET's Excelyte® program has been proven to generate significant cost savings to the well operator because the treatment is substantially less expensive than the competition, uniquely effective in eliminating H2S, and significantly reduces bacteria. Importantly, ongoing maintenance treatments of Excelyte® materially reduce corrosion of well parts and equipment," commented David LaVance, President and Chief Executive Officer of Integrated Environmental Technologies, Ltd. "IET is gaining recognition by some of the larger operators, and, we are happy to note, our opportunity pipeline is growing, the number of well treatments is increasing and, importantly, the quality of our revenues is improving. During the introductory phase of Excelyte® in 2015, we naturally were given the most challenging well projects whose life-expectancy was limited. With validation achieved during 2015 and 2016, we are experiencing increased opportunities with larger producers treating larger fields with longer-term producing wells. We are experiencing recovery from the lows of the beginning of the year and continue to target cash flow breakeven during December 2016."
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IEVM 62% 014's on contract news! Real Co
Garyst on 7/18/2016 10:51:24 AM
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