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Both the stocks you posted look promising...but both are only in phase 2 of clinical trials and are years away from being put on the market to make money. Dvax is in the final approval stage and should take the majority of money for hepatitis B vaccines after the approval of its new drug in August of this year.
I'm actually going to just walk away and forget about this stock for about 4 months. I don't think it does anything but flip until we have the new ticker, new name, and alleged new acquisitions.
Even though I'm skeptical of their plan...I still think it has great results in the next 6 months. Wish I had more money to buy more stock.
So if you're looking to get your blood pressure up in a positive way...look at WINS...see what it has done in the last year. Same exact company this one is looking to become.
I might not. But that is what I see. Don't get me wrong though...whether I'm right or wrong...this thing is just getting started and I'm not going anywhere for awhile. I hope you're right! Nothing would make me happier than to eat my words on this one.
Ya...i read it. So...I'll correct my statement. In short term...this is awesome!!! I'm sure they will release some very nice PR'S in the coming months with companies they're doing business with...long term...horrible news. There have been 500 types of these exact companies in the otc. They max out the number or common shares they can issue (usually around 5 billion) to give loans for these companies to build. Thing is, it's not their money...it's stock holder money...so they give loans to any start up with a half-assed idea...soon they've got all these clients that are going to be making this much money...then all these half assed ideas fail and emsf is an empty shell sitting at .0001 with 5 billion shares. I'm not saying you don't have an incredible opportunity here...I'm just saying KNOW WHEN TO RUN when you see companies like this.
Oh shit! That's horrible news!
Well ya...it said in the news release earlier this week that they were using common stock to pay for their payroll and a few other things.
Holy crap! I say that and it sells off 350-thousand shares. Guess we will keep the coincidence going. I think this thing hits 5 dollars tomorrow.
I think this is winding pretty tight for tomorrow.
I went against my rule today. I've bought 155,000 of the shares sold today.
No kidding? I thought everything got delayed again. whatever the case...I don't own many shares...I'm just paying attention because they're one of the companies I work for...hope you're right.
Haha...I knew what you meant...I was just living in dream land for a moment. I've been trying to find out as much as I can about epicmd...they are relatively new. They have around 100 emppoyees and they're competing this weekend in a competition where new start ups pitch their idea to industry big wigs in Miami and then those industry big wigs pick the company they feel has the best chance of succeeding. Basically free press.
Well...good news is oil is still 52 bucks and bbepq is still going strong like everyone else. I work for them...and they haven't slowed down and they're still paying their bills.
Ya...I think it will pop tomorrow for sure...like brandon...I'd like to see the once in a lifetime stock. I'm sure that's what he means by "different"...you know...epicmd just says screw it and buys ems find for 50 million to have the technology.
I still think it gets a penny tomorrow just on this news hitting the 8k and all the pumpers picking up on it when it hits. I was reading about this stock from 2 years ago when it was 1.20 a share and tanked because it wasn't making any money...just a good idea. At that time it had 28 million outstanding shares...it only has 42 million now and the company it is signing with is gaining popularity for those who can't afford health insurance...but I can't see epicmd's books because they're a private company.
Can't reply to pm...very nice!
Question is...how many do they have? Only 24 million float...42 million outstanding...relatively small. I'd like to buy more...but I'm sitting on 1 million and that's where I intend to stay until I see what happens.
Ya, I've been on the good side and the bad side of the otc world. If this one doesn't go up based on this upcoming 8k...I'm getting out of this world altogether. GL!
I agree. It's not like someone can watch all the news on all the stocks...we know the news about to be dropped...which is complete luck...this will fire hard on thurs...and with only 24 million on the float...my 3 cent prediction might be awfully low.
I've tapped that 409000 wall twice now...don't know how many are really there...but I can't imagine this thing doesn't hit .02 or .03 when that news drops in an 8k on thurs.
Just wanted to give everyone some positive news. I talked to Thomas this morning. Saratoga Resources is still in the same boat. They're being very diligent about making sure they have all their I's dotted and t's crossed before moving forward. They've started turning some of the wells they kept after the bk back on. They've been analyzing all the seismic data they kept and are in the process of deciding which area to go drill on. This, of course, takes time. You have to price companies out...look at the current market situation...look at what data you have and resources available to you. You don't just say, "hey, we are debt free...let's go spend 20 million and hope for the best." This is a company that has the talent and knowledge to make great things happen in the future. Unfortunately, it also takes patience.
That's the reason I bought as much as I could today.
https://www.insiderfinancial.com/heres-why-ems-find-inc-otcmktsemsf-is-running-up/119758/
Somebody keeps pm me about this stock, so I looked into it.
What I know...
The good news:
Regardless of being in chapter 11, this company is still very much in control of assets. Many times in chapter 11, the company tries to negotiate with creditors and if the creditors disagree, the court will liquify assets against the company's wishes and...rather than having to file for chapter 7...the company is eventually just sold off piece by piece and fades away.
The bad news:
This company is still in chapter 11. It should have emerged by now and not much is being said. The pumpers on here keep quoting a press release that's nearly a year old from city officials.
What I think...
I think the company may emerge from bankruptcy protection soon...but I think the deal with the city of Perry is off the table. The city lawyer, the city manager...nobody will return my email or my call. I think the deal was made last year when Obama was in office because renewable energy was huge for his administration. Also, I think the city is backing away from this because there were already tons of problems between this company and the city before bankruptcy issues.
Bottom line...if I had shares, I would hold them...but I certainly wouldnt buy shares until I see more information on the future. That's my 2 cents. Glta
I thought major court hearing was February 23rd? 2 days from now?
Well, I'm certainly not one to sit and bash or pump a stock. I shared my findings and I'm out. I wish good luck to all who stay or buy. I hate watching otc stocks that screw hard working people just trying to get ahead.
I'm thinking they haven't lost a single customer because they don't have any. Who knows...I took a loss here because of all the red flags and my friends are very good at what they do.
Finally did my DD today. This company is done. You can call all of the numbers in Texas and 2 of them are disconnected and one gets forwarded to office in Louisiana. Friend of mine who specializes in bankruptcy hearings said the company no longer controls any assets. The court is currently liquifying anything they have left to pay off debt. In the end, the company might be left with 30 bucks and a can of diet soda...but it will simply just dissolve when it is done. To confirm this I called a friend in the line of work this is company is in. He said there is an oil and gas seminar in Denver next week and every company that specializes in this kind of work in the United states will be there. ESP petro is not on the list. So I called another friend who works in production for Encana in Odessa Texas. He said he would call and price them out just to see what they can offer because sometimes a company on the verge of bankruptcy can offer a better price than their competition. He said he got the secretary in Louisiana and she said someone would call him. He never heard another word...just another indication that the business is done when they won't even return a call to try and get work. GLTA!!! BUT luck won't help you here. Run if you can.
Unfortunately, sara is in better shape than this stock. Sara only has 31 million OS...this has 230 million. When the Q comes off this thing...I stI'll think it sits at 2 cents for a long time.
Glad to see things haven't changed. Glty
I haven't looked at this joke of a stock in 5 years. Looks like it is still the same. A big scam. Is BO-BO the clown still CEO?
Thank you for your help! Looks like a good play.
I'd like to play this...but I can't find anything that says common shares will stay in tact when this thing pulls out of bk?
Just throwing my 2 cents out there. If I see a press release about "being in negotiations" or purchasing anything involved with FNRC...I'll have to jump ship. It sucks that I feel this way because saratoga was my golden egg pick for 2017. But I have to trust my gut if I see one of the 2 PR'S I mentioned above. GL!
Be careful kids! JMO...Brad Holmes is BAD news! He has driven his business,FNRC, into the ground and is now on our board of directors. I've seen this happen before. Guys like this come in and start putting out press releases that saratoga is "in negotiations" to acquire some big company...then the stock shoots up. At the same time they sell more company shares while arguing that they need the money to acquire the company. Soon...like FNRC...Brad Holmes has the outstanding shares at 5 billion...all that he has sold to people with these "potential" growth of the company...the stock price is now .0016, but people still think it is about to explode. I can't believe they hired this POS!
Well...if you do the math...17.5 cents a share currently hits the nail on the head for what this company is worth right now. 5.42 million market cap divided by 31 million outstanding shares is .1748. If/when they start drilling and get going again...it will shoot up fast. Hypothetically,let's say their seismic data is right on and they drill 5 holes at a cost of one million dollars a hole. If data is good, oil stays around 50 bucks a barrel...and the average hole produces 200 barrels a day for a total of 1000 barrels from 5 holes a day...times 50 bucks a barrel is 50,000 bucks a day and 18.2 million dollars a year. Of course...that's just an example if all the cards fell right.
Looks like the same person has bought about 45-thousand of the 57-thousand sold today.
If I'm understanding it right...the current 42 million common shares will be replaced with 75,000 new common shares to current stock holders (6 percent of the company)...that means if you're holding 50-thousand shares right now...you'll receive 90 new common shares in their place when the switch over happens (42 million÷75,000 is 580 to 1 split. 50,000÷580 is 90) if the company keeps its current value if 1.8 trillion dollars divided by the 31 million total stocks that will go to current note holders, creditors, and us...stocks would be worth about 58 bucks a share when the switch over happens.Take your 90×58...you'll have $5,220 when the switch happens which is a lot less than I'm sure you bought in for and a lot less than you would probably get if you took a loss and sold out now. Of course, my math is all speculative on numbers I've seen. I could be wrong. Good luck to you.
I apologize...my math is a bit off...would have to be 100 bucks a share to be even. However, if the article I posted is right...and the company is valued at 1.8 billion dollars with 31 million new shares issued...that would make the new shares worth around 55 bucks a share? Anyone here work for nasa?
And...let's say it is 200 to 1...if someone bought 50000 shares at .50 each...and the split happens...that would give them 250 new shares...which would have to be worth $200 bucks a share to just stay even...we all know that's not going to happen...thus...the current stock holder takes a bath from hell?