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Filing is out haven't looked at it yet
Are you serious!! I am negative for no reason? I am down over 90% what should I be excited about please tell me? That I need this to move 1300% to just break even. I am not the only one stuck in this that don't use Ihub. I wish I never heard of this stock.
The sad part is there are many pink stocks that work hard and make it and are actually doing quiet well, while others keep taking and taking showing no progress and not really caring.
I really hope they have some good news coming our way although I doubt I will ever break even at this point. Need some solid news with some meat to it for this to move otherwise no one is jumping in after these past few months of nothing but more bad news. IMO there is absolutely no reason we are so far down if they had any intentions of doing anything positive for the co. going forward they would have shown something no matter what time of year it is, very sad.
Honestly I expected them to increase it 50 million is not enough just hope they let it run
Honestly I got in this with a group call way back I work on the computer all day it dropped so quick I didn't have time to react.
If the news today would have came through feeds we would have moved easily but no one saw it. No doubt the company is real I found them on the Better Business website Not doubting it can run but the silence and the dropping price just sick of money sitting knowing I need it to hit .065 to break even not making a dime and money tied up for months if we had news when the split was done with some updates that people actually see then we wouldn't be so low thats the aggravating part.
No one sees that news it needs to come through the feeds this is the type news they issue wish they would realize this and put out real news the only thing that seems to come through are the filings and they only show up for me on ihub.
I watch TDAmeritrade for news feed and have yet to see anything except the one about the RS they need a PR firm to handle this they have no idea what they are doing.
Maybe there is something to this and they are truly trying to put this together. I did expect the increase in A/S so thats not a big surprise lets hope that something good comes out of this in the end. I got stuck when it tanked and saw no reason to sell so far down just keep hoping for a miracle.
What concerns me is why enter into more toxic debt if they have something going for them they should be able to get financing without destroying stock price further.
Months back I contacted the HR twice never got a response then boom the announcement and the bottom fell out so quick. I feel sure they have something going on behind the scenes just getting frustrated waiting. Has anyone been able to contact them?
If everyone of these OTC stocks did the same no one would buy and therefore they would have no one to support them its not about buying and watching money vanish no one would buy but I guess you find this the norm. Which is exactly whats happening no one wants this POS. We are going to the Pinks soon yet they did the split to improve price and to appease Blackridge. We are now lower than pre-split with 1/10 of the shares and you find this
good??
Yes I am very excited and full of feelings as you call it.., down 89.92% and the last update was about R/S 3 months ago.
Why would you post this?
Many need much more than 2 to 3 times and if it goes 1,000% they might be lucky enough to break even with money stuck for months just sitting not a good feeling
I am not feeling too good about this either. I hope they have finally turned the corner and surprise us all anythings possible. I will give it another week by then they should be able to confirm something I just hope it is something good.
I understand why you feel the way you do but what about people who need 1,000% to break even? I am watching my money slowly evaporate.., Dead money sitting here. We don't know for sure if Blackridge is in or not they never confirmed for sure that was left open ended.
Not averaging down until we hit bottom and from the looks of it that could be much lower if they continue this silence
I am stuck here I planned on getting into another stock but funds are all tied up. I have friends on this that swear its the real deal this time. I guess I will find out soon enough time will tell if its true or not.
Take a look at AGSTF very promising real company too
No for 10 shares we got 1 the value at the time of the announcement was .0063 when they announced it it dropped quickly to .001 while we waited for a month to get the R/S now look where we are. This company is pitiful not one single update in 3 months we are just left sitting here dropping more and more
Did anyone read his bio? It seems this is the type business he was in and has knowledge of.., It seems this all fits together.
Eric R. Dix
Former Vice President and General Manager, Rechargeable Manufacturing at Ultralife Corp.
Ultralife Corporation (ULBI)
They sure need to do something it was better before they made their dreaded announcement and killed the stock. Same price now as it was prior to the split just fewer shares complete BS and not one word from them 90% down in value and for what? They certainly they don't seem worried about the listing status or anything else at this point.
I found this link that connects who Eric is and Innovative Associates
https://www.linkedin.com/in/ericrdix
And/Or
http://people.equilar.com/bio/eric-dix-ultralife-corp./salary/74392#.WKHoTG8rKUk
Thanks for that reply, that would be great .10 would be good just gets hard sitting and waiting while many others run I could have bought in here for less than 100. instead over 700. I might average down some in a week or 2
When this has went down 89.93% i think the pull back has been done if I knew I would have gotten out and back in but it happened so quick and by that point its useless to sell. I have never seen one drop so quick over a small split now we are where we were before the split was announced actually lower it made no sense to do it I now need over 1,000% to pay fees and break even makes me sick what they did here and for what purpose?
I found this also which gives me hope they seem more concerned with business & and not the stock price. Knowing they are a real company on the OTC is a huge plus only wish they were concerned with the share price
https://www.bbb.org/tucson/business-reviews/solar-energy-equipment-and-systems-dealers/abco-solar-in-tucson-az-20028551
Yes this was uncalled for in my opinion. They have done nothing I have been here for months and down 84% I would need a 700% gain to cover the fees and get me back to break even.
I am holding out hope they have something explosive I was going to average down but where is the bottom? I have enough here already if I sell it goes up if I hold it continues to drop. My other stock I sold did same R/S and is up well over 100% since the split yesterday lucky me I kept this one. If I break even those who bought low should do really good.
I hope they have something good for us soon
Not showing mine changed yet with TDAmeritrade.
Thank you, I just thought of that.., my bad the other stock I mentioned is on the Nasdaq so that might explain it
Thank you VSA appreciate you response, KBSF did a r/s its on my watch and I noticed the symbol is the same. Made me wonder why this was different it was 1 for 10 also.
I have a question maybe you will know. Why did we get the D many other companies trade right away and do not change anything with R/S watching one today. What is up their sleeve wish I knew.., never planned on being here so long its been months long before I ever posted on here.
I do agree with what you are saying.., this is what I have been trying to understand it just doesn't make sense. Hoping they have something huge up their sleeve and looking forward to losing the D hopefully good news will follow.
Thanks, Already gave you one sometime back. I sure hope they get their act together and put out some real news then we move in a big way until then it is going lower and lower and they don't seem to care.
The price has dropped over 90% since the announcement and the company is doing absolutely nothing to keep the price up the only news has been more filings. They only seem to care about selling more and more shares what about the business the OTCQB what are their plans? They seem not to care from their actions.
Your welcome, I hope that helped somewhat. Not sure where I read it but they asked for less transparency. I really hope they will try to run this by spring or summer time.
1. Purchase and Sale of Securities.
a. Purchase of Securities, Draw Down. During the term of this Agreement, the Company may request a “Draw Down”, whereby the Company shall deliver to Buyer written notice to purchase a certain dollar amount of shares of common stock (a “Draw Down Amount”). In no event may any Draw Down Amount be in an amount that would result in the beneficial ownership of more than 4.99% of the outstanding stock of the Company by Buyer.
b. Maximum Draw Down. The maximum Draw Down Amount allowed under this Agreement shall be equal to the lesser of $140,000.00 or 200% of the average daily trading volume for the ten (10) trading days immediately preceding the Draw Down Notice Date, multiplied by the lowest trading price for the Company’s common stock over the ten (10) trading days immediately preceding the Draw Down Notice Date.
c. Draw Down Request Intervals. The Company may deliver its first Draw Down Notice to Buyer ten trading days from the effectiveness of the Company’s S-1 Registration Statement, by which it shall register all shares underlying this Agreement. All subsequent Draw Down Notices may be submitted to Buyer no sooner than the later of 1 day after the end of the Valuation Period from the preceding Draw Down Notice or the date the Buyer sold all shares from the preceding Draw Down.
d. Form of Payment, Purchase Price. The Purchase Price for each Draw Down Notice shall be equal to 87.5% of the lowest trading price during the Valuation Period. On the date that a Draw Down Notice is delivered to Buyer, the Company shall deliver an estimated amount of shares to Buyer’s brokerage account equal to the investment amount indicated in the Draw Down Notice divided by 87.5% of the lowest trading price in the ten trading days immediately prior to
the date of the Draw Down Notice (the “Estimated Shares”).
e. Valuation Period, Issuance of Additional Shares. The “Valuation Period” shall mean ten trading days, commencing on the first trading day following delivery and clearing of the Draw Down Shares in Buyer’s brokerage account. If at the end of any Valuation Period, the number of Estimated Shares delivered is greater than the shares issuable pursuant to a Draw Down, the Buyer shall return to the Company the difference between the Estimated Shares and the actual number of shares issuable pursuant to the Draw Down. However, if at any time during the Valuation Period, the number of Estimated Shares is less than the shares issuable under the Draw Down, then the Company shall issue additional shares to Buyer equal to the difference.
f. Commitment Fee. Upon the execution of this Agreement, the Company shall issue to Buyer a Commitment Fee of a Convertible Promissory Note in the amount of $150,000.00 (the “Note Commitment.” For the avoidance of doubt, the Commitment Note shall be fully earned as of the Closing Date, regardless of whether any Draw Downs are issued by the Company or settled hereunder.
g. Closing Date. The initial Closing Date shall be the date of execution of this Agreement, at which time the Commitment Fee shall become due and payable, regardless of whether and Draw Downs are issued by the Company or settled hereunder. All Draw Downs shall be considered subsequent Closing Dates.
h. Term. The Term of this Agreement shall expire Two Years from the date on which the Company’s S-1 Registration Statement becomes effective.
i. Registration of Securities. Buyer shall have registration rights with respect to all Securities underlying this Agreement, which are issuable upon the Draw Down of all $5,000,000.00 of the Company’s Common Stock. The Company shall file a Form S-1 Registration Statement within eight (8) months of the execution of this Agreement, in order to register all Common Shares underlying this Agreement. If such S-1 Registration Statement is not filed within eight (8) months of the execution of this Agreement, Buyer, in its sole discretion, may terminate this Agreement. In addition, if the S-1 Registration Statement does not become effective within three (3) months from its initial filing date, Buyer may, in its sole discretion, terminate this Agreement. There shall be no cost or expense on behalf of Buyer related to the registration of the shares underlying this Agreement. The Company must ensure that the Registration Statement, once effective, remains effective at all times, not subject to any actual or threatened stop order or suspension. If the effectiveness of the Registration Statement lapses for any reason at any time, Buyer, in its sole discretion, may terminate this Agreement. Irrespective of the Company filing a Form S-1, or such Form S-1 becoming effective, or any other provisions in this Agreement, the Company is obligated to issue to Buyer the Commitment Fee pursuant to Section 1. f. of this Agreement upon execution of this Agreement.
I am creating nothing nor do I need to grow up. This is a message board for discussing the stock and the company these are my concerns. I am not saying its not going to run I am merely stating facts. My God it dropped over 80% when they announced the R/S some kind of explanation would have been nice and to get back to where it was this would need to go up over 500%. Nothing I said here is anything other than verifiable facts
This company PR'ed the R/S but there is no other news showing that comes through news feeds ever at least not on TDAmeritrade only power points which mean nothing. This is what drives the price down here any fool knows that.They never reach out to shareholders or inform anyone about whats going on or future plans we get nothing except news of R/S or funding what are their plans with this money? I don't think thats asking too much. This is sad I hope they get it together soon and hire a PR firm instead of just selling shares.., show us something.
I have to agree the news prior to the R/S were all power points not real news they took it from .006 to .0009 which people seem to forget about when they announced the R/S it dropped hard and quick and still not one word from the company. I am not impressed with the co at all
This has so much potential yet the company doesn't seem concerned with putting out news. Maybe they should hire a IR firm
All share numbers herein have been adjusted to give effect to a 1 for 10 reverse stock split which became effective on January 13, 2017. See “Other Matters ” on page 30.
Yes they sure do it is very misleading .., This company needs to put out some real news. They either have something huge up there sleeve or they are complete idiots trying to figure out which one. News would run this so easy and yet they remain silent not sure what to make of it.
No its not! Read the article on their website again. ABCO ENERGY, INC. ANNOUNCES FINRA APPROVAL OF 1-FOR-10 REVERSE STOCK SPLIT
Posted: January 20 2017
ABCO Energy, Inc. Tucson, Arizona January 17, 2017. ABCO Energy, Inc. announced the FINRA approval of the 1 for 10 reverse split of its common stock. The effective date of the action was January 13, 2017 and the company will trade under the symbol ABCED for 20 business days or until February 8, 2017. The reverse split has become necessary because of conversions of several promissory notes totaling $246,711 into 198,737,390 shares during the last half of 2016. The common shares outstanding at December 31, 2016 became 268,645,844 shares. The reverse was also necessary to allow the Company to raise capital from the sale of its common stock through the previously announced $5,000,000 financing with Blackbridge Capital, LLC. In addition, OTC Markets required a stock price in excess of $.01 per share in order to continue the Company’s OTCQB listing. These were the cause and effect and the driving force for the reverse split decision.r website
http://abcoenergy.com/abco-energy-inc-announces-finra-approval-of-1-for-10-reverse-stock-split/
I have had this stock in my acct. for about ten years. I wonder if they will ever do anything with the shell or is there no way since it was suspended? I never had one where the CEO was murdered and stock suspended
It would have been nice to put it out tomorrow, many people weren't around today because of voting and/or they missed news at 5:36pm yesterday. The financials really are good if you keep reading them in the beginning they sound bad but they actually were good and the forward guidance as well I believe the next quarter should be much better too