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eTotalSource, Inc. (ETLS) has no active operations. The sole business of the Company is that of eTotalSource. The Company ceased the majority of operations during the fiscal year ended December 31, 2006. The Company is actively pursuing operating business acquisition opportunities.
now why would you want to invest your money in a company with no active operations
same boat as you man but i had a pretty big position
I'm not sure for most i would suggest covering a bit prior to the conference call so if it turns out to be bad news at least you don't lose it all. I have noticed personally after every conference call for a penny stock; the share price drops.
*I'm still a novice so I don't know anything, just letting you know what I have seen.
just found this article its dated back a while so opinions anyone ?
RAC Corporation and Robin A. Carden File Civil Lawsuit against Thresher Industries.
Publication: Business Wire
Date: Thursday, October 18 2007
FOUNTAIN VALLEY, Calif. -- On Oct 11, 2007 RAC Corporation and Robin A. Carden filed civil lawsuit against Thresher Industries (THRI.PK) and two members of its Board of Directors. The suit was filed in Orange County Superior Court. The lawsuit brings actions for fraud in the sale of securities,
deceit, breach of contract, and related actions. Buffington Law Firm, PC is representing the plaintiffs in this action.
In December 2006 Thresher purchased Talon Composites, LCC from RAC Corporation and Talon Holdings, LLC for a total of $7,500,000, which amount was to be paid not in cash, but in shares of Thresher Common Stock shares of equivalent value. The complaint alleges that the Thresher stock exchanged for ownership in Talon was essentially valueless, and that its stock price immediately prior to the transaction was artificially propped up in a variety of ways.
Thresher represented to the plaintiffs that it had adequate capitalization to function as a going concern and that it had strong business prospects and good operating cash flow. The plaintiffs allege that these claims were false and represented a knowing material misrepresentation by the defendants. The plaintiffs claim that the Thresher stock is now completely worthless and was always essentially worthless during late 2006 and 2007.
better than me i sold out 1.91 mil shares at 0.0015 lost 1145 and really sad since it would be better spent for education
i started the 0.0015 sales i panicked lost 1200 on this stock but as a student i rather not lose all my savings used for school
wish i left it at a higher price with 16's showing live and learn i guess
i think it has more to do with contract law and to shield themselves if the deal does not go through (scope of duty).
but you are correct that in most cases the purchasor's stock price usually drops.
nooo my brother said he was an important phone call so i wasn't looking. NEVER had a chance to change my sell price :(
it was a buy of 11$ of stock at 0.0013 and then sold quickly at 0.011 which obviously smells of manipulation
hope a big push tomorrow
im sure commission charges are going to hurt unless they are a day trader
can anyone post the L2
you keep bashing stocks
i just picked up 1 million lets see how this goes
i told you guys i'm sure they would have news today; although im not sure this is good news last time there was a forward split after the gain there was a massive drop (at EOD)
i have a feeling we are going to hear news today *crossing fingers*
if the demo is poorly done like the interview with TMC, I believe the stock will really crap out.
i hope so trying to recover from my loss on ATNP yesterday :(
sorry i found out about this stock this mornign and i beat you to the 0.004's sorry ;)
well i did a rookie mistake sold out of panic hoping to take my losses and pick some up again at end of drop. i might see you guys again but glta
yea you can get in now i wish i had waited now im holding the bag; was really looking forward to the demo, and wanting to see the interface and all
went down again 9:36
now back up still no demo 9:38
well im guessing they are working on it now. Guess we got to wait and see.
yea i was reading some articles online about the issue with IPTV right now is that advertisers are trying to figure out how they can generate revenue.
Imagine during commercials the user can click on the commercial and then it automatically jumps to that product/service on a separate window. Lots of potential for this product.
not really news is what usually drops the stock every time it has pushed through the penny mark it was without news
tickster it wont go to 0.006 the lowest it will go is 0.007
when does the new rule come into effect
MM NITE has profited a lot today
well its like having netflix on the go since you can use the AMINO box anywhere around the world with capable bandwidth.
The product itself is very attractive, although in a saturated market I haven't seen many that are offering their services worldwide (actually selling their services to different countries). Basically like satellite radio but for TV since you can watch programming from around the world on it.
i hate how these MM's convinced so many to sell off now they are reaping the rewards; panic sellers shame on you
you realize this is just the market movers manipulating the price wait for eom
yet again i missed out lol wow how many people have orders at 0.0055 i placed mine last week on the 3rd
wow i had an order for this stock at 0.0055 to average down since last week but nooo my order didn't go through :@
just what we need a basher if you don't like the stock don't look at it why bother wasting your time lurking around here
that is true we just have to wait and see what happens
1st quarter will be announced sometime this month
doubt it will go that low