Hunting Value
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Personal attack, what??
Yeah, maybe I'm overly cautious. I'll go back into my cave with my suspicious shifty eyes.
Although, I'm still a little edgy over this drama put forth by PSC... I'm fine with the advertising argument but to control 3M, pump on a 30M trading day, and then talk it down the next day... There I go again.
Back to my cave... <looks around shiftily>
I don't doubt that this can and perhaps will gap today or another day. I still believe in Zenergy but the more I think about it the more I'm really unhappy with what has made suspicious of manipulation. I'm not accusing. I'm making an observation.
Get the word out, great... but don't do it with THREE MILLION shares. Payment in the way of THREE MILLION shares? I don't agree with that at all! I may have been okay with 1M or less.
I suppose there is some solidarity in the sense that they actually own the company that they are promoting so they have a vested interest. Although, the flip side is that it, IMO, tarnishes (if not altogether depletes) the value of their DD because of the obvious conflict of interest. All they have said is that their DD shows... blah fluff blah blah fluff. Nothing tangible because as we all know the tangible stuff has to come straight from the company in a PR or it's insider go-to-jail time.
I'm a shareholder. Not happy with this. I'm not entirely irate but I just think 3M was too much to pay for this service and it concerns me. I think they should give me 1M! lol
One more thought... look at this as if you'd never heard of this; Stand on the outside and look in. 1) Company gets flashy exec staff 2) Company PR big potential and gets attention and wildly fluctating PPS based on perception and relatively low float 3) Company pays out 3M shares to promoter 4) Promoters cheerleads and PPS goes up 5) Promoter says nay and the PPS goes down 6) You, the savvy outsider says, "Hey, volume of 30M and soaring PPS the day they promote. Hmmm, promoter had 3M shares... I wonder how many of those 3M went into the float on that 30M trading day that the PPS went up. OH... and I wonder how many shares they picked back up after they cast doubt on the stock they were hired to promote!?!? 7) Then you start thinking... Should I be concerned that ZENG has given out $150K++ worth of the company that I've invested in to what looks like, appears to be, makes me suspicious of, (etc...) blatant manipulative trading activity?
That must be a fine line to walk between fair business practices, conflicts of interest and POWER. Have a following capable to drastically move the PPS of a volatile micro-cap while you control millions of shares and the PPS by uttering a yay or nay here and there? Wow... just wow...
IMO
G
I am unhappy that 3M shares was paid to PCS, "PennyStockChaser.com has been compensated by the following companies for their profile: ZENG: 3,000,000 shares free trading by Third Party"
IMO, that's too many shares and it seriously undermines my confidence in Zenergy.
I'm happy that they followed through with the AS reduction. It's great confirmation... However, investors will remain flighty and impatient UNTIL tangible news comes. The AS reduction is significant and it may attract more interest. But the bottom line is that this is still a fragile market where MOMO is king and investors won't wait very long to move on to the hot new hype.
I'm still excited about the talented Zenergy executives and coming news on progression. But this, "PennyStockChaser.com has been compensated by the following companies... ZENG: 3,000,000 shares..." really bothers me.
I think a lot of the price depression today was on acknowledgement of this. Perception is entirely driving the PPS right now and I think my sentiment is shared by others which drove down the PPS today even though buys outpaced sells.
At first, I believed that today's PR will cause a turnaround. But after more consideration of the 3M shares... I'm downtrodden. I'm not sure that kind of news is sufficient to cause a turnaround. It's significant, but it's not funding news or plant production news or profit news. I am interested to hear more about Fins and possible uplisting but even that pales in comparison to what is really needed and what many here will probably be too impatient to wait for.
Then again the fins could show something that is meaty. Maybe their promise/threat to be completely transparent is something to consider carefully before selling out of fear. But I just am not sure that the wearwithall of the typical influential trader of today will really weigh too much of this potential. This egg only has the potential of becoming the chicken that everyone actually wants. The chicken must come first.
Bears get a kick in the nutzzzz soon, IMO. Bunch of BS today, LOL!!! Maybe some nice jockeying for position... good-game! haha!!! Way to work the PPS down while thinning out the float with more buys then sells. Pure MAGIC!!! POOF today, KABOOM tomorrow!!!
Basically, it reduces the perception that company has an endless supply of dilution shares. It should really bolster investor confidence because the company is confident it will make money from product instead of a printing press.
Sure, sounds reasonable. The confirmation PR was nice. Although, I do think in this market there is more needed. Continued follow-through and real tangible assets, production and revenues are what is needed. I'm not sure if investors here are patient enough to wait for that to happen. Then again, publishing financials and actually uplisting (not just intending to) could keep some folks interested.
I'm really excited about the caliber of leadership. They have my attention... for now.
LOL... been investing long? Or... been watching this stock the last few weeks? Nearly every day the PPS is all over even thought buys significantly out-pace the sells. At first I thought it may be dilution but then after I watched it and saw how it responded to news and other perceptions... I realized it's mainly perception based. People sit on bids or w/e. But... eventually, the real news will come and the PPS will behave correctly.
Once again, buys were higher than sales: 8.5M Bought compared to 6.3M sold. All I can tell is that the PPS responded to some ridiculous perceptions stemming from some even more ridiculous rumors. LOL... serious correction tomorrow? Probably, imo.
What will tomorrow be called? How about one year from tomorrow when it's earnings are in the billions? imo
Funny thing, a discovery channel show was on as I typed that. It was all about wood and then the discussion on wood turned to biofuels. Wood is getting a lot of attention as a potential biofuel. They were touting wood for harvesting the cellulose potential and citing some cons of ethanol. Ethanol is not seen as the most efficient biofuel method and they also pointed out that corn is a food that shouldn't be wasted. I think they were kind of grasping for content in the show... I mean, they've had stockpiles of corn out to 6 years+ so it's not hard to build up stock piles. Whatever the case, it's all good... All this attention on biofuels just means it's the new ELECTRICITY time to see which way they go with it. Should be interesting times to live in. IMO
Weren't there previous court proceedings that required all sets of 5 or so criteria to be met and something like 4 of the criteria were met? What were the significance of what has aleady been found in SOLM's favor? Isn't that worth anything?
Sorry, havn't been following this as close as I'd like to.. Just landed in Korea and getting my bearings here.
Yes, and the "foot in the door" psychology is already established with the 10% mandate.
Buys outpacing sells by 5:1 (roughly 2.5M to 500K at the moment).
So none of the current holders want to let their shares go at .041, currently. Makes sense. Be patient, you may get those shares or... maybe not :) Although, if the new company follows the trend of most pinkies... well you know the rest.
Well, the bid is .043 sooo... Maybe they'll let you buy at bid??
You're wrong, IMO.
Buy Vol > Sell Vol by about 33%. Bulls continue to run the show but perceptions are king. More validation required. Meanwhile, we churn, build, and ANTicipate the BOOM...
300M? It's 800M and your post is DIS-INFORMATION, IMO.
The dysfunctional people in our Trading institutions need to re-write the Safe-Harbor wording. The word "will" is commonly used as a binding term. I think the folks at Zenergy see that too. I'm willing to bet this will be another easy fail point for Mr. Wizard and SI. They have been wrong about Zenergy and they will be wrong again.
Will is a very strong word. Most people understand... Your math is still WAY off.
"...will reduce its Authorized common shares to 700 Million from 1.5 billion."
Note the use of the word "will". You can't use language like that without being held accountable for it. Also, despite many poor math skills being exhibited, the move from 1.5B to 700M is a decrease in AS of 800M shares. That's about a 55% decrease in AS.
GLTA, look forward to the next few months.
G
In my limited Business Law 310 experience, yes, Judge trials can be and are usually quicker than jury trials.
I wonder what type of support Zenergy may get from INEOS, BP... others???
Dude... I think you are my first man-crush. Very nice explanation for folks that don't know a lot about charts. Thank you for the free service. Person mark added.
I can't help it... This could get interesting. I'm excited to see what the former INEOS execs have in store for us in green energy. Name dropping and blue chip support can go a long way... I wonder if INEOS or even bigger energy players will make an appearance in coming PR's.
Another AM buzz would be... Grande. I hope so too
I see. Thanks for the reply. I think your assumption is... Grande :) Although, I have to say that I see that link more as a compendium of potential biodiesel suppliers and a source for distributors/consumers to "contact" biodiesel companies to pursue "Requests For Proposals". It's nice to see Zenergy in the mix but... Plant in CA... hehe, cute.
I'm ready for the juicy PR that will blow everyone away.
Still waiting, Durkk:
Durkk, what are you talking about? How do you deduce from the link you provided that Zenergy has a plant in CA???
Context:
Durkk msg 36117: "can only assume from my research that they have a operating plant in California.
Wizard msg 36144: Very funny. I will save this one!
"can only assume from my research that they have a operating plant in California. "
Durkk msg 36145: "save this link as well:
http://www.ebmud.com/business_opportunities/requests_for_qualifications_&_proposals/biodiesel%20production%20facility/biodieselRFPmailinglist.pdf
page 6. Zenergy is there. "
What????
G
That hasn't exactly been the trend. Right now there's buzz over the new symbol. The trend has been upward PPS on buzz and then dwindling PPS on no communication, no product, no infrastructure... nothing. When something tangible comes I'll be a believer. Until then it's the same old story. $$$$ talks and BS walks.
I hate it when the morning buzz wears off :(
Does that mean Scott traders can't trade it? LOL that's gotta piss off some flippers! hahahaha
Ouch, .04 x .07
Bid moving up, .041 x .06
.035 x .06
Durkk, what are you talking about? How do you deduce from the link you provided that Zenergy has a plant in CA???
Context:
Durkk msg 36117: "can only assume from my research that they have a operating plant in California.
Wizard msg 36144: Very funny. I will save this one!
"can only assume from my research that they have a operating plant in California. "
Durkk msg 36145: "save this link as well:
http://www.ebmud.com/business_opportunities/requests_for_qualifications_&_proposals/biodiesel%20production%20facility/biodieselRFPmailinglist.pdf
page 6. Zenergy is there. "
What????
G
No "E" appendage and NSCC Eligible. As are most on the list:
All Security Symbols appended with an "E" will be ineligible for quotation and subject to removal from the OTCBB in 30 calendar days (60 days if denoted with a plus sign "+") if FINRA does not receive information indicating that the company is current in its public reporting obligations pursuant to Rule 6530.
** indicates NSCC Eligible Security (National Securities Clearing Corporation)
Yes, support has been the trend but the PPS doesn't seem to care.
Thanks for the links! There is no burden, per se, of proof at the moment. I'm not believing anything until something real and tangible occurs but that's just me. I'm a little excited but mostly jaded and getting bored with back and forth circular conversations. I look forward to some sink or swim action. I know it will happen. Always nice to watch the story unfold... good or bad.
Thanks again for the nice links. Why aren't these links posted to the i-box?
G
"They have no assets, nothing in the bank, no patents, no business, no production, no facilities."
Do you base that on the 2008 filing alone? Was there a requirement to disclose all in that 2008 filing? I'm not proposing that they actually have any of what you claim they don't. I'm just saying I don't know that anyone can prove one way or the other at this point in time.
Also, is this 2008 filing published anywhere? Anyone able to request the moderators post it to the i-box? So far, I've only seen unconfirmed copy/pastes of its content on various message boards.