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INSTA - I have a peripheral question. Just making an observation and want to understand what I may be missing about how things work on this platform regarding aliases/avatars and such.
Am I imagining this, or wasn't your alias "Instatrader21" before today? Just a bit confused. I looked back briefly, and it looks like all of your previous posts also have the same (new?) name "INSTATRADER."
By the way - I appreciate your posts and all that you do for the board!
Okay, if you're honestly trying, then my suggestion again is to call the company. This Power Africa energy ecosphere (as in "economy" sphere) is very dynamic and fairly new. Many heavy hitters are moving and shaking at break-neck speed. You won't find accurate, sufficient or up-to-date DD info for any related stocks from internet publications, including websites. If you have relied on this for your current or past investments, I hope you've been "lucky," and not lost your butt.
These are good questions, just the wrong place to be blindly / helplessly asking for others to do your work for you - just so that you can keep finding other / different challenges to bring to the board until we are too tired of typing because you don't want to do your own work.
Call the company. I did. You'll find that you can get good answers. I did.
Refer to GoldenMind's comment here:
Do your own DD. Or not, we don't care. If you can't find what you need to take whatever risk for the rewards, too bad for you.
Of course - the stock price is low, they knows it's going to go up huge. They come running with their attempts to scare holders out of their shares so they can buy even cheaper than it already is before it launches.
Funny, no one else has any problem getting on the Graecrest website and reading the "about" information for each of the officers. No one else has had a problem getting to the contact page with information for getting in touch with them via email or phone.
Is this really something that you need help with from DNRG shareholders on the message board? Or don't you have a friend or relative or even a neighbor who may be able to help you get to the Graecrest website?
Thank you for this great advice.
In case anyone reading these posts needs further guidance for future decisions, I must say that there is even better advice.
What 'GoldenMind' really should have done is sold 100% of his holdings at 0.143 (the HOD 2 days ago), and then bought back in at 0.066 (the LOD yesterday).
If you are so good at calling these shots within just a couple of days after the price action, I don't have a clue why you wouldn't have sold at the high of the day!
Anyone?
Might be tough, I think Tarpon quit on the giveaways for this week. I got most of my 75's but decided to move the rest up to 08. Glad it filled, tough buys for a Friday... only makes me think it's going to be even higher loading cost next week.
But I'll keep at it for a while, I think - only going to multiply very soon.
Thank you, Frank.
Another article referenced by one in your list:
5 Aug http://www.optykrozmus.co.uk/contact-lens-world/post/2015/08/05/novartis-google-and-epgl-working-on-autofocus-contact-lenses.aspx
I thought it might help to at least put a little bit of bid pressure out there. I hope someone sells into it.
Fact: Today's intraday low is 30% higher than the intraday low 1 week ago.
Fact: Today's intraday high is 55% higher than the intraday high 1 week ago.
Fact: Debt almost paid off.
IMO price will be rise steeply and rapidly very soon... starting BEFORE debt is paid off - as demonstrated this week.
IMO you won't see 5's anymore, probably won't see 6's either. Lucky to have 7's today. Very doubtful that anything under 8's can be bought after tomorrow.
What's funny is watching these flippers trying to compete with Tarpon. Haha
How many times do you think you need to tell these folks that RXMD is not for flipping.
Debt payoff near completion. Buy now or miss the boat on the swift climb to it's true value range... 0.05++ is imminent.
We have no idea how far they may be into the DD process. My opinion is that it could happen any time - after close today or... within 2 weeks (my best guess for longest time).
Once an agreement is signed and the commitment legally binding, DNRG must file a disclosure.
That's my opinion only, I have nothing else to go on. But I personally have no doubt that is what we'll see.
If it happens all the time, I'll bet you can give us a meager three (3) examples of tickers in "pinky land" that have increased the A/S by 400% (or more) and then R/S within a your (or less).
Once we have three examples, it would be really great to compare the companies and see how similar they are to DNRG. Oh and remember, DNRG is NOT in "pinky land"... try OTCQB. You should keep this fact straight in your mind, especially so you don't inadvertently or otherwise mislead readers of your posts.
We all anxiously await your further knowledgeable and experienced advice on this.
There are many, many tickers that have done so.
You show your complete lack of experience. Anyone can spin the numbers and events negatively - after all, this is a penny stock trading on the OTC.
But at least get your facts straight.
DNRG is doing their job and working on the fundementals, and it still remains to be seen if there is ANY dillution going on. I don't see it, and I don't see the filings that would back it up. DNRG is on OTCQB, not the pinks. These things are visible when they are real.
If DNRG was filing 8K's willy nilly with millons of dollars in convertible debt due in 6 months... there may be some hope to your apparent dreams, and that would still likely take another year or two with several additional A/S and O/S increases until eventually there would be 2 or 3 or 10 billion shares.
Volume once again was low today, and real investors are using their heads - taking advantage of the price for continued +accumulation as impatient flippers are moving on. If that's what you are doing as well, then I congratulate you for your behind-the-scenes action, but there's no need for the scare stories. Let's not mislead those who may be perusing the board posts to get a quick glimpse of DNRG.
Looks like it. After negative posts to get the lowest price possible today... can expect to see those shares flipped for a few bucks if Sunny doesn't see the pps shoot TO DA MOOOON in time, haha.
You'd find it more obvious what they're doing if you look at some of the $1-$10 stocks on NASDAQ and read some of the "articles" written on S--king A-pha by Shorts. It's done a bit differently here because you really can't short penny stocks (unless you're a MM and naked shorting). But on the higher trading platforms, you can short. This is illegal, but difficult or resource-consuming to prosecute... and authorities don't have the motivation to prosecute, mostly.
On the higher platforms - where you can short stocks - some audacious Shorts will write an article with claims of illegal activity by company officers among all kinds of other somewhat plausibly deniable accusations. This pushes the pps down and they make money on the way down AND on the way back up.
They usually target stocks that have recently shot up a fair percentage, knowing they've got some nervous new shareholders who could scare easily.
On the OTC... same kind of targets - stocks that have recently shot up a bit (or stocks that look very solid, but are holding well with low volume). Can't short the same way as higher tier stocks, but easy money to buy when it pushes down, knowing that it's only going to go back up - all they have to do is always stay negative. The stock goes down from scaring the weak new shareholders, but then goes back up because of its inherent value (the reason it was chosen as a target). Rinse, Repeat. These guys want a "flippers paradise" and are willing to trash anyone or any stock to get it.
Seriously? This from someone who magically appears out of nowhere as soon as RXMD pps spikes up over 100% from an intraday low to an intraday high over a 2 day period!
Actually, you might be onto something here. Who knows, maybe there are those in the real mix of the work that's going on who even think this...
It may be that the first, easiest solution that can be implemented will be a contact "lens" that's sole function is to sense ciliary muscle contraction (focusing muscle) using a piezo sensor, and to transmit that info to an external device - eyeglasses. And then the eyeglasses do all the heavy lifting, since they can have a battery or in some way provide more power for various functions that a contact lens could.
It's relatively easy to "sense" almost anything with very, very low power consumption. "Consumption" translates to an energy requirement. Things that require significantly more power include wireless communication and electro-mechanical displacement. But of course, the ultimate in ultra-low-power electro-mechanical displacement is MEMS (Micro-Electro-mechanical Systems), exactly what EPGL specializes in... along with the "bio." And power consumption for wireless communication can be pretty low when the transmission range is only a few centimeters or less.
That's hilarious! Of course, you have to be as old as some of us here to know much about the Apple IIe+, but who knows about the Trash80 and the PDP-11? Any takers?
Oops, I'm on the edge or maybe off the cliff with irrelevance and "off-topic," let's see what happens to my post ;^)
You bring up a good point. Though I haven't caught up on all the posts yet this evening and someone may have already mentioned this, EPGL's patent app that was recently published does include a claim for use of the piezo sensing (ciliary muscle contraction) method for use with eyeglasses.
The piezo device senses the muscle contraction and transmits info via wireless xmission to the eyeglasses; or AR goggles; or whatever external wearable device.
Hi, Koog. Thank you for the edification, but I didn't really intend to fit my comments to a particular timeline. I was just using somewhat "colorful" phraseology where I wrote "...Moore came along."
I do appreciate your attention to the detail, though. My engineering background gives me a similar preference for factual accuracy over the alternative. And it's been a great number of years since I first learned of Moore's Law, so now 1965 will be re-imprinted in my memory - thank you!
Well, I appreciate that you have your own opinion, even though it seems at odds with leaders in the market and industry.
Your comment sounds almost exactly like what I heard from my first boss (an engineering manager, when I put in a requisition for an IBM PC in 1987):
Doe, I do respect your opinion, but I just don't see it. To me it sounds utterly ridiculous. I don't see any signs of orchestrated manipulation today. I think there may have been a few weak attempts by individual holders over the past 2 months. If so, all they did is lose their shares.
Look at the chart over the past several months, look at daily volume recently and then look at the intraday trade volume and trade size.
Other than a small handful of trades over the past 2 months, these trades average in the 30k to 40k shares. These are only impatient flippers selling to move to some greener-popping pasture, and opportunistic flippers looking for the next pop in DNRG.
Without news attracting new buyers or invigorating existing holders to add more, the only way to go is slowly drifting downward. Of course this doesn't worry most, like you and me - the progress will be reported soon and the business will continue to develop - but each day without pps action just gets rid of more flippers and weak-handed holders. Some of these small buyers are new flips-in-the-making, but clearly some of them are "us" - existing holders taking advantage of the dips. Good for accumulation.
Since you ask, it's been stated by Novartis CEO, Google and others in various articles and PR's that the most significant, big hitter is vision augmentation for pretty-much EVERYONE. Virtually everyone is affected by presbyopia as they age.
This is getting to be pretty common knowledge. But the CEO of Novartis, a what? $250B company that's really in the business of vision augmentation - I'd consider him an expert in the field/market. He's stated about the multi-billions market in the near future.
There are others who've said the same.
Okay, so now it seems that the board agrees that patent apps were filed, development agreements exist, COO is indeed negotiating with EPGL on an IP licensing/royalties agreement... and that EPGL is indeed filing reports on time.
So the only thing left it seems is that not everyone agrees on whether the market cap of EPGL is too high or too low.
My opinion on this is that those who say it is too high are wrong, and that those who say it is too low are wrong. The OTC trading platform is a free trading platform, and anyone in the market can buy or sell at the market prices. So, the market sets the price, and it is what it is.
I do agree with those who say that pps will increase sharply - market cap will increase sharply - when the current negotiation is completed between EPGL and COO on the IP license/royalty agreement.
Am I missing something? I thought the filing is due on Oct 15. How is it late?
Oh, maybe they indicated earlier that they might file early? And now they decided to hold off, but file on time?
I don't care why, I know Hayes and company are trying to run this business and develop higher value every day. They've got much more to be concerned with, than speculation about why they would file or not a day or week early.
If this is what the group collective DD initiative has come to, after finally agreeing that indeed EPGL did file patent applications and that indeed they have agreements in place with COO and Intel and AT&T, and so on... I think the entire list is posted in multiple places now... then I think the group collective has reached the point of diminishing returns on the time being spent on "research" and speculation.
IMO, there is nothing further to do until there are new material developments but to decide to buy or decide to sell. I'm long EPGL, and looking forward to some new material developments, including a royalties/licensing agreement with COO.
Penny, if you own shares - I think maybe you do - and you truly feel this way, wouldn't it be wise for you to sell before you lose more money?
I disagree, of course, I don't think the shareholders have been "shafted." And I think the great majority of shareholders also disagree - I see that in this low volume price action.
I don't see how it helps you to join ranks with those who probably do not own shares and want to see the price drop - by making negative opinion statements with no factual information other than the price action on low volume.
The pps has held up well under pressure in the OTC where flippers want to see pps movement up or down on a daily basis. This shows that there are many long investors. The gradual drop over time without "news" is to be expected with penny stocks. Many of those looking for quick pops within days to flip will drop out and move on... buying high and selling low... causing a slow drop in pps.
IMO, you should trust your own DD only, and make a decision to hold or sell. Expect some gradual drop in the share price over time with no news. If there are no material negative developments (maintenance DD), then I don't know why you wouldn't trust your original DD and decision to buy.
The chase has started. Going out of 7's real soon.
EPGL Med @EPGLMed
Due 15th. 13th was estimated date. Filing will be done by OTC due date.
Exactly - the "blank check" preferred class shares are to maintain control of the business. This is common, and something that shareholders want to see, should expect to see. We need the core owners and management to have control to execute and develop the business.
The increased A/S is consistent with funding the business as DNRG launches. With the current 171mm shares O/S, the market cap is currently ~ $8-10 million. As DNRG capitalizes the business, new shares will be issued to fund it. As this happens and the business begins to develop, the pps will be increasing in tandem, and the tiny market cap of ~ $8-10 million will increase toward $50 million and $100 million, and then up from there as the business continues to develop.
This is just how it works, no surprises, nothing new.
Management is working hard on the launch, and we should have news soon that will give us a better idea of how it is developing.
I should clarify. In my opinion, today's volume was too low and the action not consistent at all with any kind of dilution - or anything to be concerned about at all.
My previous post was in response to the idea that:
I understand what you are suggesting, but you have to remember that this is a capital-intensive business. DNRG needs to raise money in order to deliver on the promise to make money in this business for all stakeholders, including us shareholders. There are two ways to do this - through equity financing, or through debt financing.
Either way, there will surely be dilution. Either way, the dilution will be offset by the funds secured for business development and growth.
I am confident that DNRG is working diligently on putting the pieces together to tell the story and we will be hearing very soon what their recent progress has been.
The opportunity is tremendous, as we all know. That's why we invested. The initiatives are strong with very good backing politically and financially, and momentum is growing rapidly. In my opinion, the rapid growth potential is on par with pharmaceutical and biotech, but with much less time and risk.
We just need to sit tight until we get the news - or sell and find a better investment if not willing to wait and take the risk that DNRG failed to accomplish anything with any substance over the past few months. I'm content to hold. Heck, we haven't even heard what came of the visit to Africa or DNRG's own financing initiatives.
I like that we have not been seeing piecemeal PR's released simply to pump up or even prop up the stock. I think DNRG is putting together a more complete and cohesive story to cover the bases, and I believe it's worth waiting for.
I'm not sure it makes sense to try to analyze and explain a low-volume move like today. It seems easily possible that one or two flippers got impatient and sold to move their money to some quick-pop opportunity that presented itself. The possibilities are endless, but probably real simple.
In any case, very low impact unless you desperately wanted to sell today. Notice that the significant moves with impact, historically, are in the 10-40M volume range - on real business development news, not dilution or manipulation.
Exactly! Ever wonder what those big negative spikes are in some of the OTC charts? 10 to 50% drops? The ones that last for an 10 minutes to an hour, maybe a good part of a day or even up to a week?
I know you don't wonder, Tide. You can see these spikes on ticker EPGx. Anyone interested in a good example, take a look at that chart, March through June this year, and you'll see it every 3-4 weeks. Notice the low volume and steady support at 0.05. Low float, less than 10% of the OS, and daily volume was ~0.05% of the float. Look familiar? That ticker's getting ready to launch, and DNRG has a similar support and low volume pattern!
More likely it's market manipulation. Fairly common with OTC stocks, especially one with a chart like DNRG that shows strong support with no news. Drop 500K shares in the market and see if you can precipitate a selloff so you can pick up 2-3M shares at a good low price before it pulls back up on the support... and you've made a good day of it.
Well, good luck, but not going to work with this solid support for DNRG. Someone just lost a chunk of shares.
Regarding your concerns about credibility, I think this is "on topic."
It appears that there is no shortage of credibility.
You have said that there was "a ton of selling" yesterday, and also that there was a "coordinated effort" to absorb a "selling onslaught," but I don't see any evidence of this.
The reason a lower price than .054 did not appear in a trade for the last hour and half is that no one wanted to sell lower than .054. Simple as that.
It seems clear from the trading and price action yesterday that holders of 99%+ of the shares of EPGL do not have these concerns. So credibility must not be an issue at all.
Viking, thanks for your PM comments.
This (below) is just a re-post of part of a message that was deleted yesterday. Thanks to the "suggestions" from another moderator, I've removed anything that triggered the deletion.
Today's price action and my previous message are mutually supportive:
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1) There are ~500M shares in the float, with a market value in the range of $25M - $35M over the past 60 days. This constitutes ~10% of the OS.
2) With an average daily volume of ~500k shares trading, that amounts to 0.1% of the float, and only 0.01% of the market cap.
3) It is easily seen that over the past year, selling (PPS drop days) within the band of 0.04 to 0.07 has been very low volume. I'll estimate that there are maybe 15 or 20 million shares in play - TOTAL - and that the rest are locked in long-term investor vaults. You might as well say that the "freely" traded shares - the EFFECTIVE float - is only WITHIN the ballpark of 0.4% of the OS. To be clear, this is an estimate of TOTAL shares in play, even considering the spurts and pops like Dec2014-Jan2015 from .05 to .07 (40%) and Jul2015 from 0.04 to 0.08 (100%). Some of this was profit-taking from long investors and swing traders, and a significant chunk of any sales were purchased by new long investors, or repurchased by the sellers (swing flippers) at a lower price. So to say the EFFECTIVE float is even half of the 20M share estimate is a real stretch (IMHO).
4) If the EFFECTIVE float is 0.4% of the OS, then 99.6% of the OS is locked down pretty tight, to say the least.
These ramps and dips on low volume don't reflect any changes in real value, and will have no impact to the holders of 99.6% of the common stock. They're just limited-time opportunities to buy shares at a discount... what some people want, obviously.
Obviously, it's difficult to flip a stock and make short-term gains if there's no movement in the PPS. But if it's a good company/stock and you can push it down, now you can do something with that - because you have every reason to believe that the only reason it's down is because you shook a few shareholders... and it's just going to come back up.
So let's see, it's down to .05 from .07 so... that's a 40% gain opportunity for the climb back up. But again... low volume - would be lucky to buy a large enough chunk at the current price to make it worth the trouble.
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EGPL isn't a flipper, it's an investment. The current price opportunity won't last long and as the upcoming news starts breaking, good luck buying a position anywhere near these prices. Best to buy at a price that you can hold and, if you want to have an interest in the growth and profits... don't sell your shares. Hardly anyone else is.