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EYSM, primed for a breakout, multi PRs pending
Looking forward to a good week here
It will definitely be a momo play as soon as 6's break though haha *thumbs up
good thing there wont be a r/s this year
selling picking up here, hold those 4's
This is a start up company that is just looking to turn a profit this month, if you're looking for a buyout come back in a couple years, this isn't the right play for you. We're trading this based on the fact that they're turning a corner here and will be releasing news any day now that will help jump start the company. News on improving their share structure and updates on their developments will be enough to break the .0006 wall
The stock pushed from .0002 to .0005 in the past week and half with no pullbacks. The more consolidation around this level the stronger it would be to break .0006. Of course I want some green now, but hanging around the 4-5 level for another day or two would be better for the stock. I'd like it to close at 5 though
hmm damn 3's whats up with selling under the bid?
In some cases i would agree but every stock is not the same, this is a triple 0 with a fairly big float it would take more than 50mill vol near resistance for an uptick. Each uptick is 20%, I wouldnt be surprised if it hangs around the 4-5 range for the next few trading sessions before it heads up
it has been confirmed with the registrar that the o/s has remained unchanged since January 25th as of the 7th of this month. You can call them and ask for another update if you want
Just wait till we have 300m vol days
It took a lot of vol to break 4's this week, 5 is way thinner
EYSM 1 left to 6
EYSM big hits
EYSM a/s reduction, local deals, name change any day
EYSM 15ema 50ma cross, about to break resistance
filled
i have 1.7 mil at 5, not filled yet..
lol what? .0003?
haha maybe in 10 years after 10 r/s's and diluting 10x the o/s. Until then lets work towards that .0006 wall and we'll be in the money!
air ball
EYSM news any day, local deals, a/s reduction, name change
EYSM 0005's
its a trip 0, an ut is 25% and with a fairly large float its going to take some more for 5's. We already took off 2-3 mm's from yesterday so its looking good so far
EYSM A/S reduction, name change, local deals search any day
EYSM volume pouring in, about ut to .0005
good start to the day, go eysm
Looks good to me. We're slowly getting more followers while consolidating above the 50ma and 15ema. Im getting a warm feeling for what the rest of the month brings. Lots of expected news pending, including name change, a/s reduction, new corporate website, local deals launch, and this new network they're working on
From an email in January. The update has been a week late so far but we should expect news soon:
"We are on track to having the name change and reduction in authorized completed with the state of Utah by the end of the month. Once that is complete we then notify FINRA to perform a ticker symbol change.
This model of reoccurring revenue compounds every month. We expect to be generating significant cash within the several months. When we reach that point I plan to seek agreement with our debt holders to make cash payments versus debt conversions. As I mentioned on the call, once we have built a solid cash position I plan to seek approval to begin buying shares back. Of course that only makes sense after we have the debt holders agree to not convert for say a year.
We are actively working on the local deals program and I expect to update everyone within the next few weeks with the results of our first campaign. Offering local deals is another great way to increase the revenue we already generate from our existing clients. Make sure to follow our blog at www.ElysiumInternet.com as I am constantly discussing the market and our business."
I believe the corporate site should be completed around this time as well
Nope, sorry he didn't. He did say that debt holders will feel the need to convert here and there but stressed that the majority of them, and all of the major ones don't have plans to convert
Scott told me that the shares were converted by a debt holder (although he said an amount less than 200m) and that the majority of debt holders including all the major holders do not have plans to convert any time soon. Also, he is in talks to reach an agreement so that they don't convert for at least a year and he is asking them to accept cash payments instead of converting shares (of course whenever they sustain profit).
A couple more closes at .0004 and we'll get a bullish cross of the 15ema and 50dma, hopefully then we'll work at the 5's
some sells here, can someone post L2 please?
Pretty light trading at .0004's after lunch with some heavier volume at .0003's. Either way a close here at .0004 would be very bullish. A close above the 50ma and the 15ema should show up on scans over the weekend. Im looking for more volume at 4's next week and hopefully we can make a move for the 5/6's before we get news on the name change and a/s reduction.
EYSM name change, a/s reduction any day now, broke above the 50ma
hoping for more volume after lunch
Name change, a/s reduction expected any day now
EYSM bids building
EYSM 38th on breakout board. Lets get some more hits at 4
EYSM broke through 50ma
2m buy at .0004 nice