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Thanks for all your DD. This thing is really a no brainer at these levels. I am thinking about jumping back in shortly if I can get some 3's. Well I am still in it but I would like to re-establish a 20 mil+ position. The addition of this new guy really makes me think they are going farther than we had probably all originally predicted.
I'm sorry am I missing something? How is that a good thing or a burn on me that I didn't know about a share increase of 300 million lol?
Haha I guess. I got out of this stock at .002 a couple weeks ago. Didn't think I would even get that much back.
Agreed. This is not a bad flipper as it consitently moves from .001 to .002.
Wow they increased it again? It was 450 last time I heard. Holy crap.
Not a basher guys. Just someone who lost a couple grand in this stock and its BS. I bought into the Howard Stern crap last year and got out down 85%.
How do you figure it is good enough for Apple or the government?
Lol okay man. There were two days with 100 million in volume. Marketwatch shows average volume at 21 million. MSN Money shows the 13 wk average volume at just over 20 million daily.
13 x 7 = 91
91 x 20,000,000 = 1.8 billion shares traded in the last 13 weeks.
You might want to check your information before you start posting BS. I bought in when the float was "supposedly" 24 million. That would mean the float turned over 76 times in the last 13 weeks, and we are at .001 lol. Get out of lala land.
http://www.marketwatch.com/investing/stock/EFLN/charts
http://moneycentral.msn.com/detail/stock_quote?Symbol=efln
Not according to the commercials I have been seeing.
Nope sorry. A/S is probably maxed or close to maxed. I'm not a basher just trying to give some advice since I was one who lost almost all my investment. 1.7 million is nothing for a 450 million share stock. Furthermore, the share price is only this high because no one knows the share structure. Once that is released we are sitting at .0001.
Lol no but it should come up. Felonies are not the only things that people look for in a background checker. When the military runs a background check, all your traffic tickets show up. How are we going to get this supposed government contract if only felonies pop up. You guys are clueless because their program does not even work. The website is so terrible it's not even worth visiting, and there is almost no traffic to the dating sites.
Wrong in this context. Everything is a sell and a buy on some level. When we discuss it on here "Buys" are transactions at the ask, "Sells" are transactions at the bid.
Buys are at the ask......sells are at the bid.
I wish I had listened to you earlier. I would have actually made some money at one point. The only thing this stock is good for is a buy at .001 and a flip at .0018 or so when it comes. Anyone holding long in this BS company will be very sorry.
On one note, I asw a commercial for Beenverified last night that I had seen before but didn't take note of. Much better product and they have their name out there.
On a last note, I ran my background check about 6 or 7 months ago, and my disorderly conduct conviction didn't show up. The product is bunk.
Dude the volume is 13 mil. How would that point to dilution?
It's cheaper than any other decent setup I have seen. I priced one and for 4 terminals it would cost over $8000. FIRMS would be cheaper and if the staff uses Ipod Touches it would be MUCH cheaper. With Ipads they could have 4 setups and a terminal with a printer and a monitor for the kitchen for a good deal less than $3000.
Average down. Selling would only be for people who need the cash or don't believe in the company. Averaging down is the best way to go. I averaged way down the first time this thing hit .0001 and I made a bunch of money because of it.
My Suggestion to everyone is to do one of three things:
1 - Sell your shares at .0003 while you can
2 - Average down or just buy more at 2 or 3
3 - Stop worrying about the share price and just hold onto your shares and wait for the next run (I am sure there will be many of them)
This stock is not going to be here forever. If you need your cash now take it. If you can buy more do it. If you don't want to do the other two, just relax and wait for the big news we all know is coming in the next few months.
I just checked out a POS software website. For 4 terminals and the required equipment it came out to over $8000. Much cheaper for LCRE. So there goes that theory huh there Tavy boy?
Oh we should definitely spread the word as any consumer would with any product that he/she uses and likes.
Throwing the word out there is one thing. Allowing random investors to do the marketing is another. How can Jim control your level of professionalism when pitching his product? How about what you wear? How about your level of education about the product? Even companies who use the a consumer marketing type of business model (Amway, AVON) have quality control. I'm not saying that if you knew a restaurant owner that you should not mention it, or tell your waitress friend, but actually using investors as marketers would be moronic.
Not trying to sound like an ass but why the hell would he let us random shareholders market the product? I mean you could mention it to them but we definitely don't need Jim's approval for that.
I agree about the R/S. However, I learned my lesson earlier last year with these pinkies.......the lesson is trade them don't marry them. Unless you are just in it for the lotto plays, which are one in a million, you will make much more money by selling on the runs and buying back in when it retraces.
I believe in this company, but that does not mean I will not be making myself a few bucks along the way. If I miss the big one, oh well because I already put money in the bank.
That's a good question. I would say if I can grab a nice chunk at .0002 I would possibly sell at least half on a run to say .001 to take some profits. I am riding free shares already. I think it would depend on where the share price is toward October or November time frame and if we have some promise of revenues. I think an R/S for the right reasons could make us all a lot of money, but that couldn't happen until there were some big customers and at least some definite future revenues. If they are still diluting by that time I would probably move on until after the split to see if they change the A/S.
2 is my magic number as well. Gonna buy 10 million more if I get the chance.
True story
Are you saying you are going to dump 600 million shares? Bullshit. If you were you would not come on here and say so.
Damn we are up to 2000 units per month. Very nice. My prediction is .002 the week the freeze is lifted.
If this hits .0001 and they are attainable I am buying 50 million shares. Second, I agree with you and I think it is funny when people post stuff asking what we can do. We don't run the company. The only thing "WE" can do is hold onto our shares.
Looks like based on our share structure and the company's assets, we will have a market value of close to .002 per share when the merger gets released. This does not take into account of course the increase in share price we will see as a result of speculation on future earnings. Should be a very nice money-maker here.
Grab your 2s and 3s while you can
Correct. I didn't know this was the plan and was wondering why everyone wa always calling this a reverse merger when at first it looked like a regular merger. Either way we make money but now we will reap bigger benefits of the success of Seakinteics.
Anyone have financials for Seakinetics? I cant find them.
We should initially blow way past that level when the R/M is confirmed if that is what they are doing. I would have to say that it sure looks like it if they have been de-listed. Very good news IMO.
Yeah I am holding the rest of my position long term now. Even if this drops which it won't, I don't think I will do any selling.
I think we will have revs by the end of year depending on how much needs to be changed from the pilot.
I have no idea. They won't R/S IMO until they are making enough money to sustain the share price/structure necessary for an uplist. I have a feeling we will not see much more dilution though.
If 2 or 3 become available which I really don't think they ever will I will buy a bunch more. Or if we start getting decent PRs that don't cause price drops. Honestly I might buy back in on some 4's here in the next few weeks if it holds steady. I believe in the company, I'm just not a fan of the level of dilution we are seeing.
Haha yeah LCRE bought the Vette. CXAC is gonna supercharge it. Been a good year so far.
Me too. My Vette needs a supercharger and I think CXAC is just the company to help me out with that.
Fingers crossed that I can get another 10 million shares at .0001 as soon as the freeze is lifted.