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I agree with you. The problem is people (like myself) still remember 2Q 2013 when Martin posted imaginary (intentional or not) revenue numbers that couldn't be considered at the end of the year. It may take longer time than expected for investors to trust any numbers coming out of EWSI.
Hey let's celebrate the 5.71% increase in the share price today who knows when this is gonna happen again
Don't worry about me. I have the right to voice my opinion (positive or negative) unless this forum is dedicated only to pumping the stock because it really needs that
It's amazing how they were "transparent" last year and giving us a weekly update on share count, but that was back when they were confident with fudging revenue numbers, now we hardly get an update because the game is over
So when exactly the shareholders are gonna see these millions on paper ( you know because that is what counts if these millions were made or not))?
If your answer is NEVER, then you started to understand Martin very well
Is there a link for that?
If anyone is working overtime, it is probably you with your daily multiple posts.
Did I miss anything? Is there any sort of news we are expecting next week?
Will it sunk lower? I don't know. But looking back at that stock, it is more likely that the fall is not over.
People are voicing their opinion. Some of us see what is wrong with this stock. I was able to sell most of my shares before the share price went down dramatically because someone here expressed doubt about the Chinese revenues and the fact that they went through multiple auditing firms. I was able to review my DD and re-evaluate the situation which revealed the issues mentioned above. Thankfully I have a small position now and actually made profit when I sold.
No one is trying to bring the share price down. It is been down for long time and that is because Martin decided it is a good idea to lie about the china revenue ( or at best he didn't know how to properly file for quarterly results).
The facts are:
1- Chinese revenue are not reported and doesn't exist for EWSI
2- EWSI hired multiple auditing firms late 2013 and early 2014. No reason was given.
3- in 2013 they promised record revenue but they didn't deliver on their promise. This year they are promising again a record revenues.
It seems that they are good in making promises.
Everyone who wants to load here already did, the decline in share price is not caused artificially by anyone, in fact it is sitting exactly where it supposed to be for a company that have very small revenue for 2013 and is struggling with its auditing system.
No one is responding to the claims you presented. I think it is because all the claims are true and expose the financial mess that Martin put EWSI in.
I'm asking all those who keep cheering for EWSI here, please respond to this point.
It doesn't matter if I'm bearish or bullish on EWSI, anyone can see that most, if not all, of what you listed are not FACTS as you strongly suggest, these are personal opinions. The only fact that you stated is that we are having higher lows for 9 days. This is a FACT, it cannot be disputed. The rest is basically opinions.
Chinese revenue doesn't exist as of now, it is not on the 10k it is not on Q1 2014.
"Walk the walk and not talk the talk" is just not a fact. That is your opinion. They also gave optimistic open letter in 2013 And then delivered nothing.
EWSI going to Nasdaq is not a fact it is a hopefully future projection made by you, and by the way it is impossible to happen in 2014 as promised by EWSI
Float share count, please provide a link for the stats that you mentioned or at least explain how did u reach this number.
And the list can go on and on... If you have facts list them, If they are opinions then label them as such.
I don't know if you noticed or not. This forum only welcomes those who will worship the stock no matter what. This is not a place for you to unbiasedly critique the performance of the company when it is really in a mess at this point. It is also not a place to highlight valid points about how the company handled their revenue in 2013. You are only welcome if you can put a positive spin on more than 75% loss. You can say "EWSI is THE BEST ticker in OTC" you see not " one of the best" but "the best". If you don't go with the flow, then people will not respond to your valid concerns and will start bringing irrelevant points like when your account was established or how many followers you have.
Thanks for the advice. Still I presented facts and you presented irrelevant opinions/ facts about my account. You mentioned nothing about the company. Please respond directly to the points I raised in my previous message so new investors can look into the facts. Ihub as bad as it is, still a source for some people to catch up on what the company is offering. It is not a replacement for DD but still people use it. I was once a believer in this company and now I'm only hoping. I'm grateful for some people here who raised some concerns about the company some time ago and I reviewed my DD and then sold some of my shares and now I'm sitting on a free shares.
What bashing are you talking about? The company showed inconsistent numbers compared to their quarterly reports. They had an auditing firm that decided to stop dealing with them ( by the way people on this board said that this firm is one of the best in the business when EWSI hired them). At this point we are still losing money on what was the share price before the 10k. I don't know about you, but this considered bad performance which deserve that the people complain about what the company do. Just like you and some others who praise the company in each and every occasion even when it is 90% red.
Yeah. Because the naysayers failed to file 10k properly and lied about revenue that didn't exist in q2 and q3.
Low volume, though.
Hahahaha.... Funny
And regarding the alleged accounting issue that you refer to, who do you think is to blame for this error?
Yeah, except a 31% loss in 9 mins with 1.7 mil of volume traded
Did they submit the 10k? Or is there any confirmation that they will do so today? It is 3:13pm EST right now
Actually he said clearly that the company's primary financial goal is to QUALIFY for exchange listing BY YEAR END. That means by December 31st, 2014 all requirements should be met.
They WILL make profit in the (hopefully) near future. EWSI didn't turn profit on any of the previous Qtrs. they did exceed the projected revenue for Q2, Q3 and expected to do the same for Q4. Not bad for a company in its first year of operation under the new plan.
Here we go again down the slides. Hope this temp and some ppl are selling to break even maybe frustrated with this stock and wanted out. I came here to this form and declared that I'll sell if it goes above 4.7, it did but I didn't sell. What is wrong with me?
Why do we need lower lows, you probably mean higher lows
So you aren't sure if this is a scam or not. It just your opinion. That is fine by me, if this is just an opinion. But the way you are flooding the forum with your messages suggest that either you are someone who bought at the 0.10 level and just spitting hate on the company for no reason, or you are someone who needs to get in really low.
Merry Christmas to you too!
I wouldn't be optimistic, HDY has a history of disappointing their investors. I have owned this for awhile and finally came to terms that once I'm positive on this stock I'll sell. I'm not far behind with an average pps at 4.7 a lot of people may do the same which will create some sort of resistance to the pps going up rapidly. But of course I hope I'm wrong. Best of luck to you and the rest
It is always the next news release that we are counting on.
Very well said!
On a second thought, I maybe took it too far by saying I'd laugh at it. I shouldn't have said that. My main argument still stand thou.
And where is the source for this valuable information
I didn't follow up with the news in the last week or so. Is there any updates or news for the PPS to rise.
Well.. I do hope so. I'm in this for couple years now and I have to admit that I made a nice profit on this stock, but timing and due dates is one thing that I'm always skeptical about when it comes to LBSR. Didn't mean to be a troll or spread negative energy here.
From past experience with LBSR, I would be very surprised if they meet the proposed date (10/31). In fact I'd be surprised of they are done by the end of Nov.
700 shares were bought at this pps, more of manipulation than transaction
EWSI is not trading today.
And how exactly it destroyed the chance to load on cheapies? The PPS still sitting low and we are red today. Even the previous days when we closed green it was an obvious paint with 2000 shares or something
Q: What is wrong with this turd?
A: Nothing. It is doing just fine.
Someone please stop the pps from this free fall.