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Thank you for your efforts, I think this company is offering a no brainer for anyone planning on having more than one child.
Jim
The company website is down, I wonder if they are finally updating it?
Jim
It's great owning a stiock like this, welcome to the stock version of the living dead.
Has anybody been able to get the company to chat with them?
Jim
My guess is they tried to grow to fast and we are seeing
the costs of backing out of buying Hayden Building Maintenance Corporation and Hudson Valley Roofing and Sheet Metal, Inc.
Their self emergency repair business seems to have not had its best year, do we have a management cost drain when this happens?
I feel they they miss lead us a bit with the 20 million plus back log of work that fell on their best quarter and yet they lost money, something smells about the former management.
I feel good about the family stepping back in, but the lack of PR's still sucks and I have sent several E-Mails and never received a responce. Oh well I'm only down 2/3 of my original investment.
Take care, Jim
Was not the quarterlies due today?
Jim
The strange thing is that we are not to far off the next quarterly report and it should be their best quarter of the year (even with out a disaster).
They had a 25 million plus backlog of work.
I guess we will see.
Jim
I suspect that someone is trying to drive the price down because of its low daily volume. Why would someone sell 600 shares at .145 for $87.00 if it was not to play with the price.
I have seen that trade several times over the last month as the price lowered.
I wonder if it's disgruntled former management or a broker trying to make a quick buck?
Jim
I think your right.
Jim
Another painful day.
Jim
I'm beginning to get pissed with Etrade, I purchased 2300 at .22 and it showed up as a sell.
Jim
I don't know if this is new from their website.
http://aduddell.com/dev/media/pdf/corporate_profile.pdf
Jim
Of course I was the one that bought 1000 at .385.
This is getting pretty frustrating.
Jim
I think we have the calm before the storm, we live in interesting times.
Jim
I think that there not raising money from stock sales to buy this company sets them far apart from the other penny companies.
The $250,000 charge may affect the next quarter, but I think they would be much smarted to work on their profitability and by that increase their share value.
I know people hate to own pennies long term, but this company has revenues that are much better than most pennies.
I like what the did in this case.
JMHO, Jim
We are put in a sad position owning this stock, people need to suffer for us to make money.
The question I have is if the company has a 25 million dollar backlog of work, can they handle 50 plus million in weather damage repairs?
The company is trying to grow its business with acquisitions with a strong lean toward serving commercial customers. I hope that weather damage will not be the driving force in the companies revenues, but just a small part of the big pie.
JMHO, Jim
So you became Moderator of this board and in one day you came to this cold reality?
I see a company that is growing and with a little hard work will become consistently profitable regardless of the weather.
Time will tell.
Jim
I hope your right, it's been disappointing.
Jim
I seem to have a race between COTE going up and TEXG going down.
Why can't they both just move up together? LOL
Jim
It may be a $10.00 stock, it's hard not to take my profits and run with my $1.11 buy in.
Jim
With the last quarter being profitable, I think the coming one will be a knock out.
Jim
With April being the month for the Annual Report, I might try to make some money if it seems over heated.
There is often a 5 cent swing in a day, though I don't have a day trader account.
Jim
It's funny that more people are not here wanting to talk about it.
I'm making money on it so I guess that's the most important thing... LOL
Take care, Jim
Well things are going in the right direction.
Nice
Jim
Well we are getting our buts kicked today, interesting how all the trades seem to happen in the morning.
Jim
Already did, was able to buy some at .73 and .74, what a steal.
Take care, Jim
OK people wake up, we are on the upswing.
Jim
Strange they just dropped the ask to .0170.
The MM's seem to be playing with us.
Jim
It's true and the amazing thing is the drop in share price by 11 cents, it makes know sense to me.
Oh well that's the stock market.
Jim
In looking at the patent, it's dated 2000.
It may not be one of their top projects now.
Jim
It would make more sense to check for the bird flue or other serious communicable diseases.
If the price was right, it would make more sense developing a test for mad cow disease.
So far their approach seems a little unfocused.
Jim
It's strange with this stock, when the price plummets like this usually the company is raising funds from stock shares.
Oh well, Jim
Thought you might enjoy the reply:
Dear Jim,
Thanks for your interest in eGene. Please see our response in blue.
Regards,
Varouj Amirkhanian
Executive VP / Director
Instrument Systems R&D
eGene, Inc.
17841 Fitch
Irvine, CA 92614
Ph: (949) 250-8686
Fax: (949) 250-8833
www.egeneinc.com
The hardest part of being a investor in your company is understanding the 100 machines you currently have out there and are they being actively used. It would also be helpful to understand the economy of what you're offering and do you see the jell packs as a good future revenue stream?
Yes, we have shipped more than 120 units worldwide. They are being used by our assigned distributors as demo units and more than 100 units have been installed at customer labs ranging in University Research labs, Pharmaceutical Companies, Food Industry, Law Enforcement, CDC, large Government Organizations and small businesses all involved in DNA/RNA type analysis/applications.
Here are some of the Users:
· Research Institutes:
§ Riken Genomic Sciences Center, National Institute of Health Sciences, National Institute of Technology and Evaluation, Research Institute for Natural Science, National Institute of Genetics, National Agricultural Research Center, Central Laboratories for Experimental Animals, National Institute for Basic Biology, National Institute of Livestock and Grassland Science (Japan);
§ International Vaccine Institute, Forest Research Institute, National Institute of Crop Science (Korea);
§ Academic Sinica, Agriculture Research Institute, Center for Disease Control (Taiwan);
§ Research Institute of Molecular Pathology (Austria) ;
§ Australian Genome Research Facility (Australia);
· Universities:
§ Tokyo University, Osaka University, Kyoto University, Teikyo University, Hirosaki University, Nagoya University (Japan);
§ Lausanne University (Switzerland),
§ Padua University (Italy);
§ Univ.Calif Irvine; Ohio State University (USA);
§ Univ.Innsbruck (Austria)
· Hospital & Medical Schools:
§ Univ.Mass. Medical Center, Boston Children Hospital (USA),
§ Saitam Cancer Center, Jichi Medical School (Japan),
§ National Taiwan University Hospital, Taiwan Mackay Memorial Hospital, Taiwan Cathay General Hospital, National Young Ming Medical School (Taiwan)
· Pharmaceutical/ Biotech Industry:
§ Glaxosmithkline, Johnson & Johnson, GeneVault, Texas BioGene, Transgenomic, Inc. Invitrogene, Inc. (USA),
§ Hitachi Science Systems, Ltd, Dainippon Pharmaceutical Co., LTD. Nippon Paper Group, Takii Seed Company (Japan)
§ Johnson & Johnson (Belgium & US)
I hope you don't mind a novice question, can your equipment be used to test for Mad Cow disease and would it be economically feasible?
Yes, our technology is CE (Capillary Electrophoresis, please check our web site for more: www.egeneinc.com) with fluorescence detection. And by altering the gel chemistry for the disposable cartridges one can use it for Mad Cow disease detection as well.
If a specialty medical clinic was created, could a single test be used to cover several different diseases, like Alzheimer, Multiple scleroses ect, would this be a computer program looking for different markers?
Yes, We would use different Gel-Cartridges with specific Markers to cover the range of tests.
Is your biggest problem now the political ramifications of letting so many lab tech's go, when your product removes most of their usefulness?
No, the Instrument does not remove people, it improves productivity and efficiency of the testing labs by automating the high-throughput DNA/RNA screening process, which translates to lowers cost per sample. The automated analyzer allows the high skilled technicians (mostly Ph.D.s) to spend their valuable time in more productive manner, to do better planning of their experiments/tests.
I thought I would send the company a question or two and see if they would answer.
It occurred to me that if they could test for Mad Cow disease, a mobile lab going from farm to farm could create a great revenue stream.
This could also be used for other applications.
Jim
The question I have is they say there are 100 machines currently out there, where are they?
I believe that this claim is true and also if we new were they are we would look at this company much more fondly.
JMHO, Jim
You know that in all their PR's they state that there are 100 of their machines sprinkled around.
They also sell supplies for these machines, who would have guessed that they could be used on rice?
It sounds to me like we have a machine that could be crossed marketed to several industries, and the skies the limit.
I have been known to get over excited, not bad for 55... LOL
Jim
Well the MM's seem to have failed with EGEI, only 4,539 shares traded today and that's not much.
The market has been open for 3 hours for gosh sakes... LOL
Jim
There is another item I was thinking about, can this be used for animal testing?
It seems like such a waist killing millions of birds if they are not infected with the bird flue.
Of course cost would play a giant part in if this feasible.
Mad cow disease would be another one.
Jim
I hope you're right, with such a low OS I would have thought the price would have been a little more stable.
They did double their sales last quarter.
I'm surprised that one of the big California Medical Colleges is not heavy into testing this out.
I wonder what the cost per individual test runs?
It seems like it would be a revenue machine for any hospital that needs fast results, and pefect as part of a persons physical and maybe great for newborns.
Jim
I'm a little upset that the MM's seem to be intent on hurting the market for ECEI then to make it.
The way last last PR read it looks like we could be in profitability this year.
What's not to love?
Jim
Your arrogance is off the charts.
The only truth I get from your posts is FUD and very little else.
That Frogdreaming tried to share his knowledge to your points should be welcomed, who are you to say that his thoughts are unneeded?
No light is shed from your posts, no honest discussion can be had from reading of them so what good are you?
You are not intellectually relevant enough to read and you don't welcome discussion.
Talk about being blind. LOL
Jim