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MMs trying to make a market? No one wants to sell at bid and noone want to buy at ask so MMs stirring the pot?
Pretty quiet. Everyone taking a break and enjoying the holidays?
As I stated in a previous post, I think NAR is more involved with ETIM's plans than we all suspect.
The fact that the company publicly stated what seems to be a ludicrous goal of $0.50 per share speaks volumes. They are feeling so confident about their expectations that they are flirting with showing their cards and I am liking it!
Exactly!
The point being missed is that the EI crew does not need to buyback 1.9b shares...just 910m to maintain 53% control. Even less if you consider it will take someone with a lot of money and influence to stitch together enough shareholders to support a takeover.
Actually, I think its 10:1. But keep in mind that preferred shares don't come into play unless there is the threat of a hostile takeover. Hence, my thinking that those shares will be retired eventually.
Sure could. For clarity, here's my breakdown of this possible scenario:
Assuming that the company did in fact buy back 700m shares, Clint and his crew currently control 2.7b shares. They just have to accumulate another 910m shares so that they can retire 1.9b and still maintain a 53% control (I used 53% because it gives a number of shares amount that is easy to work with).
The share price of $0.50 is still high, but my scenario brings it much closer to a realistic outcome.
I also think NAR has a bigger role in ETIM's strategy for getting to $0.50 than we've been led to believe.
Anyone else connecting the same dots?
If LFM is correct about EI having bought back 700m shares, then EI insiders currently control AT LEAST 2.715B shares.
Ah, you are thinking inside the box. They already control around 2B shares.
Correction/clarification:
- Clint, his mom, and other insider's aligned with Clint's vision get control of 3.6B shares total.
I have a theory about how EI can get it's share price to $0.50.
- Clint, his mom, and other insider's aligned with Clint's vision get control of 1.7B shares.
- EI adds 1.9B shares to its Treasury.
- EI retires 1.9B treasury stocks.
Confused? Think about it!
Where did you get that they have 1billion shares in the Treasury?
I'm just pointing out that there is another way to get to .50 other than a RS.
no, there is also the possibility of a massive buyback.
Hi Bee. Could you tell me what the rumor is that was deleted?
Thanks!
Then we go to .015 to 0.02!!!!!
WEEEEEEEEEEeeeeeeeeeeeeeeeeeeEEEEEEEEEEEEEEEEE!!!
Thanks MK for the chart and your insight!
WEEEEEEEEeeeeeeeeeeeeEEEEEEEEEEEEEEE!!!!
Are precious moments products available? I didn't think they were yet.
NP. I could tell that it wasn't directed at me.
LOL! Here come the bashers trying to pick up cheap shares.
That'll be bad timing. While you're buying on good news at .01+, we'll all be selling to you and taking profits from .002+. Then, you'll cry when the PPS dips and we pick up more shares. GL anyway.
Too cheap not to buy if you ask me.
Alright, I agree with you. There is a distinction between debt and cash, depending on how you choose to interpret it.
Didn't you say that you didn't believe ETIM received any money from NAR in exchange for shares? Well, that information was put in the financials. So, it seems you don't believe even the printed information that ETIM puts out. Why don't you tell us what it is that you want to hear?
You want satisfying answers? You should call the company and get it straight from the horse's mouth. Oh wait! You don't trust the information that the company puts out either!!
Not true. You presented your negative point of view. Some added to it with similar sentiment while others countered with their own logic and reasoning. In other words it was discussed. You want to discuss it some more? Fine, just present more or different data/information. You're method of saying the same things over and over again is just a childish attempt to tire your opponents out.
Not about fitting in here. It's about having an intelligent discussion.
Tell us honestly, did you buy at .008 and then sell at .0011?
If you like the company, then buy some shares. If you don't, then don't. But what is the purpose of your constant complaining about some spelling erorrs? If you're trying to bring the PPS down, then I suggest you dig deeper and come up with something more substantial.
I know I'm jumping the gun here, but when the uplist filing news comes out, I'm calling the top range at between .015 and .02. WeeeeeeeeeeeEEEEEEEEEEEEEEEEeeeeeeeeeEEEEEEEEEEEEEE!!
It could be that the MMs have decided to let the run go and are building their floor. News tomorrow would be awesome in this scenario! Easy move up to .009, imho.
OK, time to go calm myself down.
I quickly scrolled through the i-box and can't believe how far EI has come in so short a time!!
I step away for a couple hours and come back to see a run! Weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee!!
OT: I know the article was posted earlier and I didn't look at it so I don't know if a pic was shown. This link has a pic.
http://english.chosun.com/w21data/html/news/200712/200712130008.html
Lol!! See, ETIM management is learning and adapting! Great 4Q numbers are-a-coming!!
I agree! And in the meantime, I am looking forward to seeing the uplist filing. I can't say that I'm doing it patiently though.
So what do you all think about the 4th Q revs? I've got a couple ideas I'd like to share for whoever wants to listen.
1. ETIM management has learned many lessons this year about overpromising and underdelivering. Thus, the numbers they projected for 4th Q is underpromising and they will overdeliver.
2. Knowing that the financial performance for the 2nd and 3rd Qs were as bad as they were, they strategically placed gray area financials to create a dramatic contrast. By "gray area financials", I mean any positive transactions that could be placed in either 3rd Q or 4th Q financials were moved over to the 4th. Similarly, any negative numbers were placed in the financials already put out.
Either way, we get improved numbers. Of course, there is always the doubtful possibility that ETIM will miss again. Place your bets!!
I don't blame you for trying. I know I wish I spent all my reserves on shares when it was at .0011.
too funny. you're right, no words necessary.
Two wordds:
- First word: Star
- Second word: not Trek
WeeeeeeeeeeEEEEEEEEEEEEEEEE
It was coming. Look at the chart. Just like ETIM can't go up forever, ETIM can't go down forever. Lots of people were apparently waiting for a clear signal. If I had 50k to blow, I would have started my own reversal last week! People were looking for any excuse. I'm not sure it was the post from the supposed NAR rep, but it certainly played a role.
I am iffy about whether this is just a head fake or not, because I was expecting the MMs to play their hand on some kind of significant sounding news from ETIM. I think someone might have stolen their cake from their fork as it was on its way to their greedy little mouths. The MMs may retaliate and walk it down again. I would rather see ETIM release the PR stating that they've filed for uplisting and then see the MMs let it go and put off their vengeance for another day.
We shall see. Play smart and tough. Don't let other people's lamenting of the end of days for ETIM convince you to change your mind. Remember why you got in and stick to your strategy.
GLTA.
Yeah, and I would have loved to have my biggest order of 16,666,666 shares filled at .0006. Oh well, I'm just glad I was able to pick up various pockets of shares between .0011 and .0015.