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Braden....why isnt EYII putting out the news?? The deal is done, lets get the news out.....I'm really starting to get frustrated here.
SolidPicks, ADVC needs to make a move here.
ADVC...maybe will see some upward movement now....we've been caught in this .0032-.0036 range all day
VYST...not in it personally right now, but it tanked to .10 for really no reason...I'm not surprised to see it jump a bit.
BB, Still holding KSWJ...patience will pay off on this one...imo
KSWJ .0027/.0029.....once we need to break .003 this time..
advc ut .0038/.0039.....could see .005 again imo.
KSWJ, cannot fill at .0026....
KSWJ...gonna hold through the shakin here.....still has tremendous potential to run to .005.
no doubt BB, KSWJ chart too nice to stay below .003....this one could pop huge.
ADVC also prime for .005....
KSWJ chart looking sweet to run....
KSWJ late run to close, or nice gap up tomorrow morning....
yes bb, KSWJ sweet chart......reminds me of others that ran big
bb..both KSWJ and ADVC are hanging tough
ADVC shakin a bit here
KSWJ and ADVC primed to run bb
KSWJ...get ready to run here
KSWJ...get ready to run here
kswj holding .003
kswj...a lot of buying here at .003
bb..is kswj on breakout watch at .03?
Acutal EYII / CEIEC Agreement in writing: Item 1.01 Entry into a Material Definitive Agreement
On September 23, 2005, Essentially Yours Industries (Hong Kong) Limited ("EYI HK"),a wholly owned subsidiary of EYI Industries, Inc. ("EYI") entered itno an agency agreement (the "Agency Agreement") with Guangzhou Zhongdian Enterprises (Group) Co. Ltd. ("GZE") and China Electronics Import and Export South China Corporation ("CEIEC").Pursuant to the terms of the Agency Agreement, EYI HK granted to CEIEC and its wholly owned subsidiary GZE, the exclusive right to distribute EYI's Code BlueTM water filtration systems (the "Water Filtration Systems") in China for a period of two years subject to, among other things, the following conditions:
(i) CEIEC purchasing a minimum of 4,000,000 Water Filtration Systems in each year commencing in 2006;
(ii) EYI HK issuing an exclusive agency certificate to CEIEC confirming the grant of agency rights;
(iii) EYI HK guaranteeing the safety of its products to be sold on the Chinese market and that the packaging specifications will meet the product safety standard and packaging standards as required in China;
(iv) CEIEC committing to the purchase of the amount of Water Filtration Systems outlined in the following purchase plan (the "Purchase Plan"):
Year 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Total 2006 $700,000 $2,800,000 $14,000,000 $24,500,000 $42,000,000 2007 $31,500,000 $38,500,000 $45,500,000 $52,500,000 $168,000,000
(v) If, in any year CEIEC purchases fewer than 4,000,000 Water Filtration Systems in the Purchase Plan it will cease to have the exclusive agency rights to the Water Filtration Systems but continue to be non-exclusive agents of EYI HK;
(vi) If, in any year CEIEC purchases fewer than one-half of the Water Filtration Systems in the Purchase Plan, EYI HK may at its option adjust the price of the Water Filtration Systems supplied to CEIEC under the Purchase Plan; and
(vii) CEIEC agree to obtain all required regulatory approvals in China relating to the marketing and distribution of the Water Filtration Systems.
Pursuant to the terms of the Agency Agreement, CEIEC reserves the right, upon reasonable
notice to EYI HK, to increase, or decrease the number of Water Filtration System units that it purchases under the Purchase Plan, based on its evaluation of market demand in China, and agreed to commence purchases under the Purchase Plan in October 2005, and place subsequent purchase orders on a quarterly basis. The parties agreed that CEIEC may upon reasonable notice to EYI HK, assign its interest in the Agency Agreement to its nominee company, but remains a party to the agreement notwithstanding any such assignment.
Braden, EYII..I'm taking another position tomorrow. With the news any day now, I dont think we will go much lower than .03.
Braden..have you spoken with Agora? I hope that they are keeping on EYII's heels with getting out this incredible news.
Braden....Why doesnt EYII just put out the damn PR!
Braden...EYII finally getting some attention here. the ones who are doing the dd are finding out that the PO's are already a done deal. there is no speculation here, just fact...
EYII...no speculation...just pure fact. The PO's are on the table and have been cut....this is not a maybe, these are real orders waiting to be executed.
EYII bouncing here...The Chinese PO's should be announced soon.
EYII needs to put the PR out on the Chinese government approval of Code Blue, and the actual amount of $$$ they have in PO's. We need it this week.
Braden, EYII..I read on Raging Bull that there is a suspicion that Code Blue has been quickly approved by the Chinese and that the PO's are set to go...just a rumor, have you heard anything...?
Added more EYII today at .038
Braden..EYII is really close to securing this all...I dont mind waiting another couple of weeks. I may actually buy more if we drop any more than we have. We have a huge $$$ maker on our hands.
Braden...have you contacted EYII about the PO?
Braden...very nice find. PO should be out soon to follow.
Braden..EYII wont stay down....I think there are a lot of people still waiting for that first PO to be announced. I'm still thinking .20, as this stock is way undervalued at this point already....
krznate...good point on EYII...this stock is way undervalued given its recent success. we have a winner here..... .25 short term goal.
Braden...EYII's first PO should be out late this week if everything goes right. I dont see this stock under .20 a few weeks from now. IMO, I really believe that it is all coming together for EYII, and that they are way undervalued at this point
MSEP nice...Braden, when does EYII's $240 million contract in China become official?
EYII is a no brainer at this price.....I cant believe we actually are back at .041.....this stock is way undervalued.