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looks like all the rahrah guys have quit posting their rah rahs with the share price in the toilet. My longstanding .0002 orders are being filled so I am getting to my ownership target.
Looks like AW is dumping shares at .0002. one of my colleagues sent letters to multiple addresses and we got a good address. We did get a pretty lame response where AW answered no questions (who is Board of directors, .... pretty straight forward questions that corps should be able to respond to PDQ).
increases in a/s should be shareholder decision - if B of D did not solicit vote then we need to throw the bums out.
I had 2.4MM filled Thursday but have outstanding orders for much more that did not fill (orders have been in for weeks and the market makers ignore them - gamed system). All the rest I bought filled at .0003 - MM bought lots at 2 to sell at 3.
trades are occurring at .0002 and .0003 - none so far at .0004
ENCS is Encore Energy Systems - there is a board on this with whole group of rahrah folks pushing the stock and inflating pretty thin press releases as just marvelous. Encore and MODC management appears to be the same or substantially the same - apparently has history of selling treasury shares to pay themselves well but then delivering nothing to the shareholders.
Mischief - no real reports to shareholders - all the addresses appear to be management houses and Fedex drop boxes -
probably not quite to authorized amount. Also sure appears that market makers are buying at .0002 and selling at .0003. Real desired buyers are only 50% of the supposed sales.
I have fairly large position (>15%), sometimes tough to buy - I have had limit orders in at above the ask and it just sits - market makers appears to be inactive or have some other game being played. Suggest hard look at ENCS where there is lots more activity - read the board and get sense of mischief the same management is doing.
congrats - I have open orders at 0.0002 for days now and no fills - market makers appears to be pretty choosy on what gets filled and what does not. What is also odd is a tiny trade at 0.0004 - I will keep watching
tiny trade at .0004 - 30,000 shares where most of today's have been at .0003
many thanks for the uodate and the link and still looks like issue for ENCS - wonder what else is out there that ENCS might be involved with.
thanx - I am still looking
is anyone aware of trading site that would allow trades in between the .0003 and .0004 range that we are in?
One of my partners talked I believe with Victor. Sounded like he was out of wearing the dark corporate suit and doing real work. I will try and visit him when I get back to Texas. Victor's info on the Encore Energy Systems patent is a bit different from what we have heard publicly on this board and directly from ENCS management - we are trying to run this lead down - patent is real but who owns is the issue.
I agree that getting it done is the goal. ENCS management and the BofD have to get real revenue, real net income which would move the stock up.
Without publicly available financials and in the continuing absence of any reports to the shareholders, we have no way of knowing how well the company is doing.
I absolutely feel the company would be great vehicle to be the instrument of new technologies bbbbuuuttt, company has to put inplace real reporting to the shareholders, have open process to elect the BofD and start to show real projects not fluzzy releases.
same here - looks like a few have been transacted
I started buying this spring when www.pinksheets.com showed 130,000,000 shares outstanding according to Jan 2008 company info (think it was Jan 27 2008 data - I did not save the image of the webpage). My colleagues and I attempted to verify if additional shares had been sold. Apparent EMCS revised the data on Pinksheets as of May 19 (company info) - so is additional 370,000,000 shares in roughly 4 months - works out to huge dilution.
Masontrend
photos and description appear to be just a conventional ground source heat pump system - no indication that they are using the heat recovery system based on the patent.
great project for EA but nothing for ENCS.
yep - Milford Pipe appears to supply various ground source heat pump installers. I think MPS Geothermal is an attempt at moving that business forward - likely will be successful.
Encore will get zero return from this business because does not involve the patent so no royalties.
Energy America has a good techno guy who does attend many of the conferences - proof will be when they start announcing projects - think it very likely that what they do also will be the conventional ground source installations.
Frankly very few places where cities would have concentrated warm wastewater and a nearby installation that could benefit from the heat recovery.
I am mystified where the Encore engineering design team might be sitting - certainly not in house in Michigan, maybe in Oxford MS?
Energy America and MPS Geothermal appear to be focused on doing fairly conventional residential and commercial ground source heat pumps.
frankly then makes it difficult to get access to corporate info during normal business hours. My guess is that your business is not a publicly traded company so really is different.
frankly then makes it difficult to get access to corporate info during normal business hours. My guess is that your business is not a publicly traded company so really is different.
property is owned by Jack and Beth Tarry. is lot and home in Sandy Shores subdivision - property has principal residence exemption.
While jack may have an at-home office - clearly this is primarily a residence. Masontrend is quite completely mistaken.
Also latest word is that Jack is no longer with Encore - curious executive changes do not result in press release of a material event. Welch includes the concern regards key employess and clearly states in the risks discussion that loss of "any" of these employees, there are no successors who could execute the business plan. Pretty material event to lose Tarry.
also latest press release is out of Oxford MS not from Brighton.
yes - just found the site. I have been accumulating ENCS stock but see that company/management has been misbehaving and selling treasury stock. One of my colleagues is talking with DeMarco and has had some contact with J Tarry. DeMarco sounds like straight up person trying to really do business - less clear relationship with Welch and ENCS - we are working on this. Tarry was initially helpful and then went silent. same with Welch - did not answer questions but did change the outstanding shares shortly after email exchange.
Frankly expect next outstanding share update to be the full 900,000,000 authorized as management cashes in.
I am chasing info on who is on the board of directors and will be contacting them to find out what is going on and why no interest in informing the shareholders of the company. Would appreciate any info you and the other posters may have. All the public info appears outdated.
yep - looks like ENCS management has sold 370,000,000ish treasury shares in past 3 months.
Encore address in Michigan is a house that tax records indicate is Jack Tarry's residence.
I will be checking the MODC addresses out in Oxford, Mississippi to see who is there.
does anyone know if Welch got his law degree yet or is that another story.
I am with group of ENCS investors who are working to encourage a shareholders meeting, a concise review of the business strategy (if one exists other than selling treasury shares) and getting a review of our Board of Directors performance.
www.encoreenergyshareholders.com