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Can someone tell me Wyoming's part in this??
Thank you!
Clay trader, may I ask a question? I new to trading penny stock. I have a position in DOLV. How do you know when to sell? How do I determine that point? I know this is a big question, but need some education. Thank you!
Do we have any other DOLV investors living in Mississippi????
Yes sir Eddie! My wife said the same thing when I told her this was not a stock to flip. I'll be watching the PR's and try not get emotionally attached. The DD is sound, unlike anything I've seen before. This is and has been the best board thanks to the experienced investors we have posting! I'm grateful to the Lord for all their diligence and making it available for us! A million thanks!
Thanks cyberhaze! This is an opportunity of a lifetime. It's extremely difficult to find a gem such as DOLV. As I said, this is a long term hold for me. They're planning to uplist and when they do, I'll still be holding. I'm not counting my chickens before they hatch, but I'm definitely going to give the eggs a chance to hatch! Go DOLV & God bless the longs!
I would love to get a few more shares, but wouldn't try flipping this now for anything! I've bought 265k @ .03 a long time ago and have no more funds to buy more. If this goes as planned, we will build a children's home in the Philippines and a Christian school for the village children living up the Amazon river. I've ask the Lord for His blessing and believe He led me to this stock a long time ago. Staying long on this one. Have a great weekend everybody! Go DOLV!
Thank you Lucky!
Where are you looking for symbol changes?? Thanks!
For me, this is not a flipper. I watched a stock about a month ago, go from .19 cents to $3.80 in only 30 days. I'm not about to sell and miss this opportunity we have before us. I'm long and waiting for Nasdaq! Only my humble opinion! We must do our own DD and make decisions accordingly.
I'm still holding because I have no choice. Don't won't to give my money away. Waiting for something to happen with the company.
Low volume but staying steady. Great sign. Longs are staying steady. DD is outstanding and worth the wait!
Would someone please explain to me the black, red & green colors when I look at the trades? Thank you!
Yes! That's right! I'm learning!
Yes! That's right!! Sorry! Thank you!
I'm new to this, but would you please explain why a reverse merger is a good thing??? I've thought that reverse mergers were to be avoided at all cost! Still learning and appreciate your info!
Time will tell, that's one thing for sure!
Exceptional DD! This is bottom prices for a company with so much potential.
So with the DTC chill, when will i be able to place my order? Ive not had this happen before. Thanks for your info!
I tried to make buy order with ameritrade and the stock is locked out.. does anyone know why? I can't put in an buy order. I called TD and all they could say is that it was locked.
Can anyone give L2 info?
I'm looking at this as a long term play. If management can keep everything in order, potential here will be worth the wait.
PLEASE READ! Forwarded message from Investorvillage.
Eagle's bankruptcy case converted to a Chapter 7 liquidation; table of dilution history.
My guess as to the outcome of Eagle's bankruptcy is that no reorganization plan will ever be approved, and, instead, the case will be converted to a Chapter 7 liquidation sometime in the next six months. Upon such a conversion, the remaining market demand for the stock would presumably evaporate, but the stock would not formally cease to exist until the liquidation was completed and the corporation dissolved.
I correctly guessed the outcome, but I was off by a factor of two in the timing. Eagle submitted a reorganization plan on June 20, 2008, and a hearing on confirming it was scheduled for July 30. However, fund-raising transactions essential to the plan were never consummated. Eagle then had the confirmation hearing date pushed out several times while it attempted to salvage the plan. Today, it conceded that there was no hope, and the court converted the case to Chapter 7. Here are the minutes from the hearing:
U.S. Bankruptcy Court
Southern District of Texas
Notice of Electronic Filing
The following transaction was received from tcam, entered on 2/4/2009 at 10:59 AM CST and filed on 2/4/2009
Case Name: Eagle Broadband, Inc. and United Computing Group Inc.
Case Number: 07-80605
Document Number:
Docket Text:
Courtroom Minutes. Time Hearing Held: 10:45. Appearances: David Askanase for the debtor, Ellen Hickman for the US Trustee, David Elder for Dean Cubley. (Related document(s):[447] Amended Disclosure Statement) Confirmation hearing - Debtor unable to go forward with confirmation. Case converted to Chapter 7. Order signed. (tcam, )
(https://ecf.txsb.uscourts.gov/cgi-bin/DisplayReceipt.pl?293815,2103)
For a complete copy of the case file, see the bankruptcy page at http://eagle.petrofsky.org/.
The last trade of EAGB before the court minutes were entered at 11:59 EST was at $0.005/share. Another 88,000 shares have since been traded at the same price, at 14:07 EST. Considering that there are 89,907,089 shares outstanding (see Exhibit A to the bankruptcy petition), this share price values the corporation at a remarkable $449,535, which is almost half a million dollars off from the true value. What on Earth the traders of EAGB have been thinking eludes me. Even if Eagle had successfully reorganized, the plan had specifically called for the common stock to be canceled with no distribution. See the plan at Article 11.1 ("All currently outstanding Eagle Common Stock shall be canceled as of the Effective Date. Holders of currently outstanding Eagle Common Stock shall receive no distribution under the Plan. All obligations pursuant to Eagle Common Stock shall be Discharged.")
A year ago, an Eagle shareholder sent a message to my investorvillage account, thanking me for publishing the eagle.petrofsky.org site and asking for my opinion of EAGB's situation, saying "Any enlightenment, speculative or 'wild-assed guesses' would be appreciated." This was my response:
I'm glad to hear you've found the website helpful.
To answer your question: it is a virtual certainty that Eagle's current series of common stock will be canceled with no distribution. You should be glad that at least the shareholders won't have to pay the creditors. For more information, see my post, #10878, on Investorvillage's EAGB board.
Here's a more candid assessment of the big picture:
Eagle has a long and remarkably consistent record of losing money hand over fist for seven consecutive years. In October 2005, Eagle decided to file an obviously dishonest and meritless lawsuit against message board posters. Since at least that time, I believe it should have been clear to everyone that Eagle's directors and officers had no ability and no desire to run a profitable corporation. They are shysters whose principal talent is the ability to sell prodigious quantities of worthless stock to fools.
Here's a table of Eagle Broadband's shares outstanding during the last year and a half before it filed for bankruptcy protection. It shows the amazingly rapid rate at which Eagle was able to sell more and more shares and maintain a multimillion-dollar market capitalization, despite it having no credible prospects for profitability:
Date Shares
Outstanding Share
Price Market
Cap. Source Notes
2006-05-12 315,495,312 $0.050 $15.8M 2006-05-15 S-1 Old shares, CUSIP 269437109
2006-05-12 9,014,153 $1.750 $15.8M 2006-05-22 424B3 New shares, CUSIP 269437208 (1-for-35 reverse split)
2006-05-31 9,647,893 $2.130 $20.5M 2006-07-17 10-Q
2006-06-13 9,858,939 $1.220 $12.0M 2006-06-19 S-3/A
2006-07-20 10,586,344 $0.700 $7.4M 2006-08-01 S-1
2006-08-31 12,092,758 $0.630 $7.6M 2006-11-20 10-K
2006-09-29 12,808,629 $0.630 $8.1M 2007-06-20 S-1/A
2006-10-31 17,656,797 $0.750 $13.2M 2006-12-15 DEF 14A
2006-11-30 18,103,204 $0.640 $11.6M 2007-01-16 10-Q
2006-12-19 19,606,978 $0.540 $10.6M 2006-12-22 S-3
2007-01-12 21,526,962 $0.490 $10.5M 2007-01-18 S-1
2007-02-28 21,890,125 $0.370 $8.1M 2007-04-23 10-Q
2007-03-23 23,472,808 $0.280 $6.6M 2007-06-20 S-1/A
2007-04-20 28,287,677 $0.160 $4.5M 2007-04-24 S-1/A
2007-05-31 30,646,409 $0.170 $5.2M 2007-07-23 10-Q
2007-06-18 34,070,822 $0.140 $4.7M 2007-06-20 S-1/A
2007-07-24 44,642,081 $0.046 $2.1M 2007-07-27 S-1/A
2007-08-23 66,545,893 $0.032 $2.1M 2007-08-28 S-1
2007-09-26 76,784,536 $0.032 $2.5M 2007-10-09 S-1/A
2007-11-12 89,907,089 $0.024 $2.5M 2007-11-14 BK pet.
I have an order waiting at 2 also. Hope to get this filled by end of the day.
Does anyone have information regarding the current debt of the company now? Thanks in advance!
Good morning Mona board! I have a question regarding my restricted shares. I am out of town a lot and don't have an opportunity to keep up with the day to day news. Are my restricted shares worth converting. I own a little over 15,000. Your suggestions will be greatly appreciated. I have no idea what their value is or could be. Thanks for your help.
Hello EQBM board, Holding 105246 shares and accumulating as I can. Holding long!