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Cassius has definitely NOT sold his shares. That's all I can say and know.
Great day so far!! I hoped that the fact that there was no AH trade yday did us good so far. Here is hoping.
Don't you have enough already Believer? LOL
I suspect we will go up a bit today. Would be good to see another day with no AH settlement.
Anybody has a guess as to how high we could go today because of the fact that there wasn't any AH trades yday?? Indeed could be a good day.
Fourkids I agree with you here. The A/S is the most important thing at the moment. That's why I call Stalt every single day to see if they are still at 150 million and they are according to them today.
Some here said that they never saw a scam with 150 million in A/S and I agree with them. Right now we are at 15 million shares or so with an average of 5 cents or so in the AH prints. So that would make around 750k dollars, not too much when you take into consideration that many have to get feeded from this amount of money.
No idea about the float. No TA will tell you anything about the float. It's company information.
The 80 million shares was BEFORE they told us about the 27 million financing. So that's why it was 107 then. Or better it should be 107 when all is said and done.
Get a friggin life? Well sorry I'm pretty heavy invested here and yes I'm concerned about the progress or better non progress but how can you not understand this? Did you have a bad day or what is your problem? I even don't know why you want to make this here on the parking lot instead of AOL like we usually do.
To be honest with you. I have no idea what role do you play in all of this but if you are just an invested person in EFFC which I expected until just now you should pretty much understand if one gets a bit frustrated. If you think that is bashing what I do on the board then I guess you have some strange thinking.
Maybe it's better you go after guys who really bash like Joe or Pwag or others now on the board.
So if you calm down I would say come to the chat because I wanted to tell you some stuff anyway. Some stuff which you also should be interested into. If you want to be mean on purpose for whatever reason then I can't do anything against it. If you believe I'm dishonest with you, you probably don't realize that I'm probably one of 5 guys who are honest on i-hub.
Are you serious Jill or just joking with me now?
Cowpatty, of course there were days when we didn't have these afterhour settlements. I can actually even remember 2 or 3 days in a row once. Everybody thought at this time that it was over. I definitely remember this.
Anyway what's your comment on today? Not that I didn't expected this but of course I was too stupid again to sell after a 2 days 100% climb. You know one will not be out if anything good happens.....I really expected a profit taking sell off I just didn't think that it will be so big. Amazing. 40% value off in one single day. Unreal.
I just wanted to say that I'm surprised to see neither Believer nor you here today but in the next second you guys appeared quasi at the same time.
Well Jermart there is not a lot at the moment I realize. All I was referring to was the point that you could have said "great there was no AH today maybe they are finished"....LOL
Instead you spin that into a negative because just imagine if that dumping comes again then we might lose 60% on one day....got my point?
Well why not? What if they just take out the financing money in steps? Like we need 200k tomorrow and 500k next week or something like this. Sure that all is weird the whole situation is more than weird but I just go by logic.
I just think by myself what is the purpose for the company to officially come out and tell everybody on their homepage that they wanna make clear that they don't know who the AH seller is. That was strange in my view except if they are truthful on this.
MrBuddy, did you ever think about the odd fact that if the company is selling why aren't they trying more to pump the stock while they do this?
MLK, you are right in my view. Absolutely right. I can't stand the bashers who just try to spin every single issue into a negative but that said I can't stand pumpers either. I have met pumpers a lot on various boards in the past in these penny stocks and I don't like them because it does no good to put on that rosy coloured glasses.
I'm however too naive when it comes to penny stocks and their CEO's and this one will certainly be my last one after losing big on a couple before. In this whole penny stock world there are 99% of all people involved, criminal. I'm not only talking about various CEO's I'm also talking about fake supporters on the message boards, I'm talking about market makers, I'm talking about bashers, pretty much everybody. That makes me sick and did cost me a lot of money so far.
Btw, isn't Jennifer Garner hot? The hottest.
You miss that most of the 27 million are almost included in the o/s now. That's why I think that we will see more of the AH prints. My personal theory is that we will slowly creep upwards with the o/s to about 131 million before we see the 24 million abstracted.
Not that I think this all isn't weird but hey who knows what kind of share restructuring they do behind the scenes together with the financing company. All I'm interested in is to see the o/s at 107 as mentioned again from the company on the website.
I would wonder why the company would put that part on the homepage without needing to do that if they know that this won't happen. But I was naive before when it comes to pink sheet companies.
FWIW.
Wow Investorbud, that sure was a good prediction! Mine was 600k LOL. So it seems you are right with your theory that as long as AUTO is not appearing on the ask once the whole day we won't get AH prints.
@Jermart
Well this is a joke now from you. Instead of admitting that you are surprised that we don't have any AH dumps today you immediately concentrate on the negatives and predict another dump tomorrow because you expect AH prints tomorrow. How about spinning everything into a negative. Not that there isn't enough to report as negative.
Yes I think this is a good idea. I even think they should put these questions on the homepage. Maybe you could ask Manny to answer this stuff as he knows that here are major holders on i-hub. You could organize this as the head mod. That would be cool.
I would have at least 5 important questions.
Same here. I was so upbeat just a couple of days ago and now...well you say it.
Interesting to see the AF's today. Must be huge. Around 600k is my guess.
I mean it's ok to have 120 million shares o/s but what about the retirement?
Say Intoodeep don't you have any new information about Bio and the settlement?
Yes....would be good. I'm more than depressed. Seems like Pwag and all the others were right during the weekend. Very sad.
Pwag, that sure doesn't sound too good in my ears. Does that mean you are out of EFFC? What happened to your very positive attitude towards Huppe and Manny and our product??
I remember you have been very upbeat after your visit to Anaheim when you met with all the people including Shin. What happened besides the constant selling?
We already wondered where you have been.
Jenny
Hey Buddy you don't get some points here. CRAM is totally free to sell. It's totally free fore selling. I really don't want to convince you of anything but that is the case here. In case you didn't notice we had a pr out a couple of weeks ago that we delivered all this stuff to JSB transport! And nobody did anything against the pr because nobody can do anything against it.
Btw, VW has nothing to do with CRAM anyway according to my knowledge. VW gets something else via ARGO but not CRAM.
Well yes we all wait for another decision from the judge. But it's more about the lift of the injunction than regarding the tech because we already have our own tech which is even better then the old SDS from Bio. These guys put a lot of work into it in the last couple of months. Of course in general all of that did bring a substantial delay to everthing but on the other side without this stuff we couldn't buy shares for 2 cents here. It's just that one has to have the guts now.
If we never would have had these legal problems we would probaby be already in the dollars I guess.
Rosebud you seem very agressive today..... LOL
What happened? I'm even glad that one day we didn't see red on the share price.....So basically your mood should be good.
I too would like to hear an opinion. Many are stating that it is a fact that EFFC is a scam. I mean obviously I'm shaky as well but nobody knows at this time whether this is a scam or not. They did a lot of things a scam company wouldn't do but then on the other side they did some very weird things too. So the jury is still out on this one but I too can't see anybody at the moment stating for a fact that this is a scam.
It would be the first scam with 150 million shares. The question here is how long will the A/S stay that low? That is my main fear. If it stays like this we will be fine I guess.
On the other side Rosebud lets be fair here. They can't just tell us that they will cancel 24 million shares and all that happens is that the O/S goes up every single week by a couple of millions. That of course doesn't gain trust in the market.
Cowpatty is banned again? Why that?
Yes we are all bagholders. Even the most optimistic guys from the past like PWAG for example. That's for sure. It could change if we ever get to settle with Bio.
Correct me if I'm wrong but RH brings the whole Folo system in general to the table or not? All the stuff besides CRAM like Folo Remote or Folo phone or how this stuff is all called.
Btw, Believer. You brought up a statement from PWAG, where is this guy? He also pumped EFFC and then suddenly left. Great guy.
Defireman, you have to read closely. I said the low A/S is a point which shows us no toxic financing. Not the O/S. With this number of A/S there is no possibility that a toxic financing guy could get all his shares. If they would give the company any money now we would see tens of million of shares going to the financing company every time they lend additional money to EFFC every couple of weeks. That is how the toxic financing is working. How should that work with only 150 A/S??
And the company definitely stated more than once that they will not engage themselves with toxic financing. Yes I know they said a lot but I believe them until I see it black on white.
BTW, what you still don't get Defireman is that all these 300 million in sales forecast was BEFORE they had the problem with Caroni. So basically nobody of us knows how much of these "signed contracts" are for real as they couldn't deliver anything until now. So basically your assumptions that they don't need money because of these contracts is wrong because these contracts have never been delivered in either way due to Bio and the injunction. That is my view of it.
Let me ask you another thing. Lets take for a moment their last pr for a fact and believe them that they at least can do 400-500k dollar in sales a month like they did in january. Lets for a fact believe this stuff. What you think would be a fair price if they can at least do 5-6 million in sales this year?
2 cents sounds pretty interesting just based on this assumption don't you think?
Yes Believer, it's 118.9 today. I confirmed that with Stalt and others here said the same. I'm sure it will be over 120 million starting next week. But the A/S is still only 150 million so they have to act soon on either one of these counts. Either they really come through with the 24 million in reduction or we will see a higher A/S quite soon. There is no other way.
Can anybody seriously imagine that it can take several weeks and more to cancel 24 million shares? Is that even realistic? Just wondering.
Outch, you are right. Didn't realize this yet. Now I see what you mean. So another one outta here.....
BTW, how do you know that there is water between us...? LOL
That sure sounds good. If EFFC does only 50 million in sales this year we all will be rich if we further buy here at these levels. I just don't have anymore "balls" to buy... LOL
I just wonder what will happen if we never get this Bio issue resolved. Would we then lose all the contracts or not? I mean EFFC already told us that we can sell CRAM so not sure what the issue is here.
So in your eyes if somebody gets removed from the mod list he must have sold out? Hmmm.
I totally agree here with you. I was wondering myself in the last couple of weeks about this.
"One of the MODS sold out?? How do you know?
Pops, could you please shoot me your email adress in pm as I can't respond because I don't have a subscription. Thx.
Well not a lot. Business as usual. Sell off in our stock and the volume even climbs now. Other than that there are no buyers anymore and everytime somebody wants to sell 500k shares we go down 20% for the day. Sounds negative? Well yes could be. LOL
Why would you now sell out at 2 cents?? Makes no sense at all. The sales of 400k per month without any CRAM should be worth 2 cents. Nothing else counted.
Did you get any new information about the Bio issue?
Yes, I definitely know somebody who bought 63k at the ask today at 2.3 cents and he was filled within seconds. There is a real seller out there if we like it or not. I'm starting to think it's the company because the o/s seems to be higher by 2 million again. The problem is that we have zero buying volume in the last couple of days and also weeks. At least almost zero. Nobody wants to buy at the ask, everybody is waiting how low it will go. So the problem is that with this kind of small volume everyday the seller will need forever to sell if he has a couple of million shares to sell. Pretty easy.
In dollar terms the volume is a joke. I mean c'mon, around 10k dollar got sold/bought today. Is that a joke or not? Just imagine how long it will take if somebody has a bigger dollar amount to sell.
All I can say is that since we got the financing pr the stock is behaving 100% as if the financing was toxic. Not saying this is the case, only saying it is acting as close as a stock can act which experienced a toxic financing. The selling just won't ever stop. I know with the current A/S it's not possible to have a toxic financing and as long as the A/S stays as low as it is I realize that the financing is not the reason for the selling but time will tell.
The company clearly needs money. I mean how can they not need money to finance the operations? So they are selling shares, right?
What you mean it's just the market?? Please don't tell me now that you think EFFC is in any way correlated to the major indices because everybody knows that this is not the case.
When I watch the trading I can only assume there is a new problem with Bio. It doesn't make any sense otherwise to get hammered like this day in day out. I don't want to get offensive to anybody but everybody who thinks that this selling doesn't mean something is quite naive in my eyes. I hope I'm wrong on this. Too late to do anything against it I guess. Too low to sell now.
Well I read every single post but maybe I just don't get it. It might be the best solution to just call RH and ask him. Regards.
I'm still not getting why the company did come out a few weeks ago and stated that they can now distribute CRAM and do whatever they want. On the other side the company still admits that there is still an ongoing issue with Bio. So what is it now?
Don't you guys who were in Montreal 3 times in the last 8 weeks know the answer? I think that is a valid question.