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ENTI looking like a MONSTER...I wonder if they already have Lady Gaga signed (with the $1.7Mill they offered) and this news is leaking prior to the May 14th announcement deadline!
In either case, nice low float, with a great story, 10Million in financing, an unparalleled TV Marketing Campaign targeted to 40Million plus in production, and a June 15th launch of online Yellow Pages with video capabilities...looking good, I like it!!!!
Thanks for the update.
Hey! I am guessing you are serving our country in Iraq (why the hell else would you be there!!!) and just wanted to take a second to say Thank You for your sacrifices on our behalf.
Although it's true that I am not happy about soldiers being deployed ANYWHERE...EVER, and often wonder what other methods might have been exercised to prevent that,... I understand sometimes it is necessary.
I just want to wish you and our fellow soldiers a safe, speedy & welcome return home!!!
Shakey-shakey!! A nice dust-off for accumulation purposes imv. Then back up she will march! Nothing new here, just another day in the life...
Low-volume drop, see what develops while trying to grab shares...MM transparency...retest of $0.006 ($0.005 if they can take it there) where support exists and likely won't allow for it to break...I am already there at both levels accumulating if they'll let me...ho-hum!
Look at the bottom of the doc...it looks like more than 18Mill + 25Mill (and I don't know if that includes all 19 or so "counts"...)
Just an FYI
Respectfully, I think there is a difference between posting negativity and making inquiries into an important shareholder concern. Too many would rather put their collective heads in the sand, or resort to attacks, when it is a reasonable & viable question.
In closing, I'd simply prefer that if anyone has info....that they offer it up, otherwise ignore my message. But to dismiss it as "sand-bagging" others is kinda immature in my view.
That said, you have my respect and commitment to try and keep my concerns more positive. Thank u for ur humane reply!
Look let's get something straight...I had over 18Million shares of this, some of which I traded to take some profits. The TA told me DIRECTLY what the R/S count was not too long ago.
I am NOT engaging in scare tactics,...nor trying to buy back cheaper by "hurting", "misinforming", or "manipulating" others. What I am TRYING to do is find out why the R/S is not being given when it was after the previous dilution.
Considering the fact that the company closed financing deals, I do not want to get blindsided by them like many others were that brought the stock price down precipitously for me (and others) to benefit from.
If you, and the board, wishes to take this as an attack-- so be it. Unfortunately however, it does not change the reality nor VALIDITY of my concerns.
Finally, I'll just add that I sold about 14Million shares over the last few days after doing DD and not getting a straight answer (including e-mails to the company & IR) regarding the matter.
Those are FACTS, not bashing scare tactics...the fact that you are inclined to believe that pennies don't offer R/S is a bit misguided. The law requires that investors know the share structure; not NONE as in gagged, nor part as they see fit!!
I would appreciate answers to my question than questions directed towards my person. Thank YOU!
Really??? A week or so ago they were giving it out (before that, when they were diluting, they were gagged and giving nothing!!). Now, I wonder at the change and what that could mean???
Hmmmmm....??? Things that make u go hmmmm....
With all due respect I doubt you see $0.0016 for awhile...look at the volume, the presumed float has traded three times over in short order. What do u think gagging the T/A is all about??? Why the secrecy?
If your company is on the up-and-up, like your PR with share structure portends, then u don't need to mess about. Nothing good here...
Chart-wise the $0.0011 level should have held-- VERY long-standing support here dating way back, but it broke...this stock is now in a downtrend!! I am almost finished getting my $0.0011 sell orders filled, made my ~25% and it is time to leave...I was PLANNING on holding this one through the summer...but you CAN NOT PLAY WITH your MONEY...especially investing in manipulating CEO's. Anyone who has been in PENNY LAND long enough KNOWS THIS!!!
PS- IF you want a no-nonsense genuinely good summer-long double your money stock, have a look (do some DD) on TDGI...then you'll know the difference between a potential scam & potential BLOCKBUSTER!!! (and a safe place to put your hard-earned money imho)
I would not be surprised to see it go lower still...we don't know how many shares are being dumped on us...I bought in the $0.0008 and $0.0009 price points...I have been selling all morning @ $0.0011 and I doubt that $0.0010 holds...
Until this company fixes their penchant for manipulative tactics...they can not be taken at their word for anything in my view...ME & MY MONEY...therefore, go elsewhere.
Best of luck to the rest of you!
Agreed, I was considering taking a much larger stake in this company based upon the ungagged T/A. But, as with many scam penny stocks and their closely related cousins...the CEO saw fit to announce the share structure in a PR (as if to send a message of transparency) and then went right back to GAGGING the T/A... again!!
NOW, instead of INCREASING my position today...I will be DECREASING the amount of shares I currently hold to manage my risk (and might just get out altogether).
Well,... more $$$ for TDGI I suppose-- and another vote for CEO's who have the integrity to act in a manner befitting investors hard-earned DOLLARS. Period!
Sorry for the venom,...so pissed, and tired of the games these CEO's keep playing! Wanna separate urself in penny land? Act honorably,...but I guess that's too much to ask of most.
EXACTLY!!! Approx 40million shares since 2:15 mainly at $0.0015,...things that make you go hmmmm....
What's the POWER HOUR gonna look like!!!
Where is this volume coming from at $0.0015?
Sure, I won't be lazy if you stop being CRAZY!!!
You are an assistant moderator on this board, I think it proper that you substantiate your spewing!! Have you had a look at their financials my friend? And, their business model warrants an ~ 700% increase in pps based upon WHAT EXACTLY?
Music downloads are everywhere...
Perhaps you know something I don't, however:
"NO INFO" WARNING (Pinksheets)
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=enti
And hardly more here:
http://www.encountertech.com/
Estimated Market Cap
$41,002 as of Apr 6, 2010
Outstanding Shares
2,001,813,999 as of Apr 5, 2010
Authorized Shares
5,000,000,000 as of Apr 5, 2010
Yes we know the float is around 375Million but by the time they are "potentially" making any money to earn a higher pps you can be sure ALL the Restricted (Investor) Shares will be released for sale and dumped into any significant upward movement. And, your talking about 1.6 Billion RESTRICTED...
Or, do you mean to tell me that they are going, in this economy, to start making money hand-over-fist such that the share overhang becomes a non-issue for shareholders? LOL, perhaps you should stop posturing and explain yourself...I don't see the appeal, nor the run-up at this point in time. In fact, it's starting to look more and more like the PUMP & methinks you are doing the PUMPING!!! So, explain yourself.
How, when, and with what imagination did you come up with that target pps? I'd really like to know how you honestly arrived at that figure.
How bout you ".007", did you pass high school?
Yes well, ENTI has big news on the horizon ... 7Million digitally available & cataloged music material on new website completed this week.
Rumor is they will be adding more and done on time, we should hear news soon I think...
This could be VERY promising!!
This one looks to be headed North from here...the chart looks fantastic!!!
"Playing [with urself] is more like it"...just don't sit there and post charts with nonsensical info,... insults, et. al. when people who have presumably less knowledge than you might fall victim.
If you were as an astute investor as you claim to be, you might recognize my proactive suggestions to shareholders as being based in experience and good common sense; namely, be proactive, contact the company, & pressure an answer instead of burying your head in the sand and/or chart thinking it will make a difference.
I assure you I am far more proficient at T/A than you will EVER be and that the chart has little to NO BEARING on what is going on HERE with MRNJ!!!
Period, end of discussion!
Maybe you should re-read my post(s). There is NO R/S to be concerned after...end of story!
Utter nonsense when you misread/interpret my post!!
I am not suggesting they will R/S at this or any point. Rather that management in many corporate penny-stocks will often do WHATEVER they can GET AWAY with. I encouraged shareholders to contact MRNJ proactively & aggressively to discern where they stand and invest accordingly.
I have seen enough to know, personally, I won't be buying this POS anytime soon. I don't make excuses for poor corporate conduct towards shareholders, nor dismiss what they have done...I choose not to live in denial. I suggest shareholders NOT complain about the goings-on here and get facts. The faster the better...OTHERWISE, and to the point of my message, they may find themselves facing R/S and all manner of hell as a consequence! PERIOD!
At this point in time shareholders ought to contact the company and express their consternations, make demands over a conference call, and communicate the need to get a handle on what is going on over there.
Unfortunately, although I agree with some posters about MRNJ's potential and valuations, companies that conduct themselves in this manner tend to know this as well. And, things tend to get WORSE far faster (via R/S for example, further incessant dilution,...) than shareholders seeing any benefit if the company is not pressed. By engaging in what essentially amounts to shareholder "carrot-dangling" while MRNJ continues to milk funds off the pps/investors. By proactively pressing them, you'll come to realize where you stand with regards to your investment far faster than hoping they will "do the right thing". In my experience, few penny stock managements EVER do so without heat from shareholders. Moreover, if they are unresponsive,... take it as a sign to GET OUT!!!
I don't know if this pps depreciation is fixable in any way, shape or form. But, if you are a shareholder your voice carries weight and you ought to demand it be heard. Take it as a proactive sign that this is another penny stock looking out for themselves at the expense of shareholders should nothing positive result from such communications.
"Criminal-A-Tron" seems more like it. Corporate rapists, pillagers and "executives" without any decency...what a surprise (with all of the underhanded crap they have pulled on shareholders thus far!). I won't be buying this POS anytime soon,...I can promise u that!
I have seen where some folks have referred to this company's most recent PR as a good thing,...describing what the A/S and future holds. However, I say it is more of the same BS...covering their a$$e$, looking to placate shareholders while they steal some more.
This POS had promise but is being run by a bunch of MORONS...they could have gained more value in their dilution by letting it run a bit rather than the PROMOTIONAL CHARADE & Gagged T/A stunt they pulled.
Now they want to alert shareholders as to their strategy after the fact!!... AGAIN!!! LMAO,...puh-leaaaazze!!!
Chalk this one up to another co. with potential being run by low-lives. I will write APPLE...perhaps they should PULL these guys just like they did their PORNOGRAPHY!!!
Make a few phone calls like I did and you'll see for yourself. This company has potential but like most pennies...they are playing the shareholders like an f'in fiddle!!!
And last time remember they diluted almost 47Million shares smack into a big promotional push while simultaneously gagging the T/A. These guys are ALL CLASS!!!
The geniuses in the front office here just keep printing shares and DILUTING the CRAP out of this thing!!! Less than a month ago the o/s was around 37 then 53 then 97 and now it is around 118 MILLION of course...these guys are really killing the short-term shareholders, flippers, scalpers et. al.
Watch the short's now come in and really make the pps tank. Good luck to those holding...I would be real careful with this one. Looks good from the outside but the pps is being diluted into for sure!!!
It looks like MM accumulation now. The first drop off from $0.17 was clearly dilution (company raising capital as it went from 53M O/S to 100M O/S over a week period).
With only 100M O/S and all the news, market position, and very lucrative businesses this will be testing $0.12 on very short notice. Mainly, imho, after the MM have had their fill and let it run.
I see this stock with VERY VERY little downside risk with tremendous upside. Accumulating along with MM (I've learned that it's always best to work with them...filling gaps, balancing books, getting even, and making a profit!!!...Remember they hold shares to profit too!!!)
Just out of curiosity what is everyone "pounding the table" about over this stock? The A/S is sickening, profit, finances and the like seem suspect...aside from it appearing to be heavily promoted I am not so sure I get what all the expectations are about.
Love some longs input on the stock...not bashing here. Just trying to understand what all the "table pounding" is about. Thnx.
Anyone have thoughts about where they see this going over the mid to short-term? What brought you to the equity?
Could be a jump on the power hour coming up here...looking strong and well supported for a nice closing launch and gap up tomorrow. Just mho.
-delsur,...
When did you ever ENTER???? It was at $0.03-$0.035 consolidating for MONTHS (judging by your posting history I would gather...NEVER)
By next week you won't touch this for $0.20 never mind $0.02, but I gather that is your 2 cents worth.
It's funny actually, Apple just named them as their next platform, they are the 4th LARGEST APP provider (behind Apple, Google, & Amazon alone) with new deals being struck daily.
THEY now have the IN,...their newly accepted platform is 1000x faster than anything else making TV, Movies, Apps, & other programming stream MUCH faster than before...and suggesting integration between multiple Apps is on it's way.
Keep your $0.02, you are going to need it!!! Let's revisit this post in 3-6mo when Android, Blackberry & everyone else decides like Apple did to have these guys as their IT Platform. We'll be looking at $2.00 then for sure...and you'll be waiting for your entry point...alone, out in the cold!
Those Bollinger Bands look like they are tightening pretty good,...getting ready for another leg up here?
I just posted some alerts on a Y! Board or two. With so much recent news out,...I really don't think too many people are aware of this thing!! This is a hidden gem here...pass it on!
Everyone see the "Planet of the Apps" program last night on CNBC?
All five segments here:
http://www.youtube.com/user/a791j#p/a/u/0/pRA9WT5fqv8
As the fourth largest App provider, MRNJ is well-positioned. [i-mobilize is a subsidiary of MRNJ]
http://www.i-mobilize.com/Portfolio.html
Not to mention that Apple has recently (as of yesterdays PR) adopted MRNJ's patent-pending technology as the new support platform to run ALL Apps, TV, & Video streaming...which is 1000times faster than anything we've seen to date. The possabilities for this company with only 53M O/S look pretty darn great.
Buy NOW, and add on dips...this will be a HUGE year for MRNJ and looking like it is headed back up over a dollar. The APP market alone is a booming billion-dollar market in the making (and MRNJ is fourth largest behind only Google, Apple and Amazon.
http://www.metatroninc.com/downloads/122209-CompanyNews-MetatronInc.pdf
http://www.metatroninc.com/InvestorRelations.html
http://10baggerstocks.com/?p=373
and...there it goes!!!
$0.13 broken, heading for more!
Maybe it was me!!! LOL,...added 40K @ .1249
Does anyone know what 800# was referenced? I would like to call & inquire for myself. Silly like that. Thanks.
Hmmmmmmmm, conspiracy theories? If you go to buyins.net you find alot more than theories regarding the existence of naked short selling strategies. And since SPNG has been one of the most shorted of all stocks in the entire market according to SEC information, I wonder what the SEC's policy is in regards to a situation guaranteed to create a MOASS? For instance, if 500 million shares of shorts exist in the float and SPNG or Pike or someone else buys up those shares and put hold onto them, then what happens? Don't tell me that is impossible because one of the nss favorite ways to get unaccounted for shares of shorted shares is to have a broker or MM "accidentally on purpose" mis-mark the forms they must fill out at the end of a day of trading...if they do this consistently over the course of two years (yes, records prove nss of SPNG has gone on for more than 2 years) then a few million shares mis-marked here and there for two years could account for many hundreds of millions of shares mis-marked and not being actively looked for by the SEC...even billions of shares could end up being marked as Longs when they were really short.....so if billions of shares of short shares existed in the float and someone like SPNG bought back and retired the entire float...what would happen? Not just a MOASS, but something much more sinister....an impossible to rectify situation. What would the SEC's position be in that situation? That is a question I would like to get the answer to....anyone have a guess?
Well put. I often find this subject brushed under the rug. Unfortunately, even with RegSHO, leading to FTD's & grandfather clauses, the system is purposely ineffective. Such that a law, which goes unenforced (sans prosecution) is really no law at all. The US Capital Markets are too steeped in fraud, with NSS, and although I am hopeful that might change,...I find it naive of me to believe it will.
You have no way of knowing what you claim to be true.
More importantly, IF SPNG does not file, they still
retain valuable patents, viable products, licensing
rights, Dicon, and retain capable executives that can
take over if necessary. Not to mention salable assets.
Some of you posters act as if the sky is falling.
Mainly based upon conjecture, assumptions & blatant un-
substantiated speculation.
Even under the "doom and gloom" theory of misconduct on
the part of executives, the ship sails on. There is
little legitimacy to the argument that all is lost!!!
"M&M indicated at the Noble Conference that Wal-Mart was a SPNG vendor.
that was months ago, i wonder what Wal-Mart would think of that misrepresentation."
Wal-Mart South America is what I understood, and not Wal-Mart USA at that time. However,
Dicon products have been distributed via Wal-Mart USA. And, as I am sure you know,
Dicon is now owned by you know who...(SpongeTech)
loanranger,
...any fact-based reply on the subject is welcome.
If the answers differ b/t what the company can do vs. what the directors are allowed then I am interesting in the FACTS pertaining to what they are.
Thanks.
Some posters have speculated that SPNG may be buying shares down here.
So it left me considering the following:
(1) As a former reporting company now on the grey's, is that legal? (whether they are or not is immaterial) Meaning, can they buy shares here if they wish?
(1A) If they did would they be obliged to report that fact, and if yes, on what timeline?
(2) Can anyone suggest who I might contact to verify whether or not they can buy and subsequently report if its required?
(3) Are there any (more/less or same) restrictions regarding SPNG being able to sell shares here? (Forget whether or not they have done anything inappropriate to this point) Simply can they do so "legally" or not?
Thanks to the board for your help, input and experience. Please, stick to facts ONLY. Not interested in interpretations. Thanks again in advance.
(1) Some posters suggest a stock fraud manipulation scheme.
The actions taken against EESO are more consistent with that line of inference. Similar time frames involving two separate companies (EESO & SPNG) followed by SEC actions with dramatically different consequences.
If SPNG was acting in accordance with what some posters "would have shareholders believe" then the resulting outcome/expectation ought to have been closer to the SEC (& others) sanctions as taken against EESO. Simple deduction, that's my point.
Contrast the SPNG "story" to this point in time with another equity which was "flagged" around the exact same period (EESO, link below).
Note the differences in SEC actions b/n the two. Specifically if fraud was "obviously" perpetrated, as some posters here would lead you to believe.
Interesting contrast to say the least.
http://www.wane.com/dpp/news/local_wane_fw_Company_faces_stock_fraud_allegations_200909259
Additional Follow Up (on EESO):
Did some checking on Pacer. Trial date period is set for February 1, 2011. I understand the CEO (Jared) wants to supply a settlement for some issues, not all, by paying money to get some of the problems settled.
There is a court appointed Mediator and the parties have until
December 23 this year to object to the person appointed and to make a motion to stipulate and alternative mediator. If they don't object then they have until September 15 2010 to complete mediation.
Furthermore:
Thu Dec 17 16:59:21 2009 - DTC Suspension of Securities
Dear Valued Investor,
As a result of a complaint filed by the Securities and Exchange
Commission ("SEC"), the Depository Trust Company (DTC) has suspended all settlement services for the following securities:
CUSIP SECURITY NAME
22743P100 Cross Atlantic Commodities, Inc.
294113105 Enzyme Environmental Solutions, Inc.
46018A100 International Power Group, Ltd.
761379106 Revenge Designs, Inc.
Because DTC has suspended settlement services in these securities,
E*TRADE Clearing (ETC) has indefinitely suspended all trading in the securities outlined above. The position will continue to remain in shareholders accounts. To view the complaint that resulted in DTC`s suspension of settlement services outlined above please see:
http://www.sec.gov/litigation/complaints/2009/comp21224.pdf.
If/ when more information becomes available we will communicate with account holders/interested parties regarding the treatment.
Sincerely,
E*TRADE Clearing LLC
FULL DISCLOSURE: I am NOT an investor in either company. I have been watching EESO for over a year and was not convinced to buy (although I really wanted to) and am grateful I did not (to this point).
I have also been following SPNG (in all its variations E, greys, etc) and am VERY CLOSE to buying at these levels. Partially because of the trading range, PIKE, CVS & other store tracking I have done and seen with my own eyes, Marvel & other licensing deals, and a recent visit to the bustling NYC headquarters as well as the DICON facility prior to their move out of NJ.