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I agree that it is not fact that they are going to dilute, but seeing as they have diluted with every PR that I have seen the last 6-9 months, I would think that the possibility of them continuing to dilute is much more likely than not, in my opinion, of course.
You're not going to get anywhere. Posters here won't accept that there won't be any news for a while, just like they won't accept that Mondial Ventures and oil don't go together. EFIR has a history of news, diluting, and then nothing. But I guess others claim their DD shows otherwise, so be it.
Blocks of 9,000,000 happened months ago when they diluted this thing down to no bid. Don't worry though, I'm sure it isn't dilution this time. Go EFIR!
Sure have. I'm not sure where you're going with it though. My point is IR didn't give any details to DR_WHODAT09, and since he didn't give any details, I was simply trying to determine what it is that DR_WHODAT09 heard that he liked. But by all means, enlighten me on where you were going with your insider information thoughts.
He couldn't go into detail but it sounds awesome? If there was no detail, what exactly sounded awesome? Did he tell you that the company plans on making money? That would sound awesome, but anyone could say that. So what part of this plan that you couldn't hear details about made you so optimistic?
The 52 week high was a reverse split last year, is that what you're shooting for?
lol Seriously? You're talking to me about DD? Wait for news that should've been hear by now? Do some math, May 21 to June 21, is that longer or shorter than 10-14 days? lol I may be up the firecreek, but at least I know I am.
There are about 1.5-2 billion shares out there right now, that's a lot of transactions to get the price to move from 0.0001 to 0.0002, assuming the company is done dumping for a while. They are authorized to issue up to 5 billion shares. If you haven't bought any, don't. If you have, you're up the Firecreek.
Didn't know they had an agreement from last year. Still, not a bad thing seeing an EFIR agreement actually be put into play.
Me too, me too. Wanted to hear something by end of last week, I'll give it another 2 weeks with this development. If they are closing at least one of those deals we should hear something by then.
So what is it going to be Penny, now that there is some news, are you going to do your thing and post all over the place to get some more people into this stock. A new principal investor in EFIR is never a bad thing, right...
I'm not all that excited. The company loses money and will continue to do so, I'm not looking for a long term thing here. I just think it may actually be a good time to get in, maybe the stock goes up a little, maybe not. I just think anything to build some excitement about the stock beyond pennymachine's pushing is a good thing, even if it is a company that has had some legal issues.
Did some quick research on Hicks and his company, from what I see they are a financial management company. This sounds good as EFIR needs some financial management, unless they are doing a bankruptcy consultation, but in that case you would think they would want cash and not stock that would be worthless when a bankruptcy was filed. IMO they were brought in to help the company with financing or creditors, either way it is a win for me.
As far as Hicks, investigated and sued for fraud, I saw, but I didn't see any lost cases or conviction (although it was a quick search). Even if the guy is snake, this stock has no value, what could he defraud me of. Empty promises would make the stock value increase, I'm skeptical but willing to play a little longer.
What leads you to that conclusion?
Here's some proof of what highlycynical is referring to, since you asked. I don't have the time to go through all the financials to cite things for you, if this doesn't help then it is your money, not mine.
http://www.pennystockresearch.com/efir-empm-potg-pump-and-dump-alerts-september-23-2011/
- A little old, but still worth reading
http://www.hotstocked.com/article/34202/egpi-firecreek-inc-otc-efir-hit-a-new-volume.html
- This one documents reverse split history among other things
http://www.hotstocked.com/article/14682/.html
- More history
Personally I discount everything mrsdoubtfire says, but that's just me. I'm hoping there is a PR release and this stuff skyrockets, but the history is shaky. Caveat emptor.
Hey Titan, what is your conservative estimate on what the value of this stock is going to be when it takes off?
Unless, of course, there is no more PR coming and the company is getting what they can before the R/S. I hope that isn't the case, but seeing as their announced deadlines for signing deals have passed, if we don't hear something by tomorrow it doesn't look good...
lol I'm not even going to take the time to figure out what that means. Regardless, everyone is entitled to his or her opinion. Maybe I just wanna keep the price low so I can buy a couple more million shares, who knows.
I'm not really concerned with "supporting my investment". I'm not some guy sitting on the sideline cheering the home team to victory, I'm just trying to give a realistic view, this stock will do what it does regardless of the words I have typed. Besides, cynical says much worse (although not necessarily untrue).
Pennymachine is pumping you with old news. Look at EFIR latest PR, it was a recap of old news in an attempt to get people to buy. I'm in EFIR for quite a bit, and if I wasn't, I sure wouldn't be buying any more. You wonder why the price isn't going up, probably the fact there are a billion shares issued, and they can issue up to 4 billion more when they want. As a trader I hope you keep buying in the hopes that this thing goes up so I can get out, but as a person, I'd tell you to stay away.
Since nobody makes money, I assume you lost a ton and that's why you are so bitter and negative about any chances of this stock's value rising at all.
Totally agree. I'm just going to sit and wait patiently until they drop enough PR to get this thing around the $0.0018 range then take my profit and never come back. We'll see if they actually close these deals they claim in the next 10 days or so. My guess is it'll take a couple PR releases to push this thing though, so I'm not super optimistic, but for what I invested I'll stick around to try to turn a profit, doesn't make much sense to dump and run now.
http://www.alacrastore.com/deal-snapshot/Firecreek_Global_Inc_acquires_Firecreek_Petroleum_Inc_from_EGPI_Firecreek_Inc-571847
http://agreements.realdealdocs.com/Assignment-Agreement/STOCK-ASSIGNMENT-2388444/
This is all I could find, then again, I'm not willing to really dig too deep either.