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It’s not their jobs to create/provide info in a manner timely...
Wow!!
I've been invested here for a couple of years. I certainly didn't buy in for a dime-a-dozen health supplement. If it generates some revenues to help them keep the lights on I guess that's a good thing. But even with IPF, what's the cost of materials and manufacturing? What are their customer acquisition costs? How many units do they have to sell just to break even? Announcing they're going to be on Amazon doesn't really move the needle, which is why the price rise couldn't last. As many have already posted, the lack of information about the things that really matter is what is keeping the price from moving up.
Bingo! He would be violating all kinds of securities laws if he was colluding with a third party to suppress the share price. And that includes withholding material information to allow investors to accumulate at cheap prices. Not to mention he'd be committing fiduciary malpractice. No way an attorney would open himself up to such liability.
The MMs have been manipulating the share price all these many months because they have been able to profit from it, and will continue to do so until they can't.
You and your buddies can continue to work in tandem trying to support the stock price, while not explaining the change of heart from the CEO. September he can tweet several times about the great things coming, and in October he can't say anything! Has your team been selling these past few weeks? No matter. Best of luck to the rest of you. It's pretty obvious what some of these posters are up to.
Typical excuses from bullish posters :
What do you expect from a start up?
OTC trader mentality
NDA
Must be something big based on his comments
I'm an experienced investor and have heard all that before. We have a CEO who put out extremely provocative tweets last month, mentioning "massive" plans, increasing shareholder value, etc. Now we have radio silence from the CEO and a "how would I know" attitude when questioned.
If there are any posters here showing their inexperience, it's those who make excuses and watch their investment decrease in value until they finally throw in the towel. I sold most of my shares today. We'll see who is right.
I'll tell you what I told him, which was I know he can't divulge inside information, but would he tell me when we might get an update? He said in those tweets we'd get information shortly, so I was asking again.
You have the same dismissive attitude as the guy I spoke with yesterday. Was that you?
Tweet from September 22:
Yesterday’s Press Release is the run way for the future. We would like to thank our shareholders for being patient. We are working on major updates and will be released in multiple press releases in the near term. increasing shareholder value.
Tweet from September 16:
Many shareholders have asked if company is diluting stock or plans of a reverse split. Barrel energy has no intention of diluting or ever doing a reverse split. We have massive plans and we will be happy to provide our shareholders with very exciting news shortly!
No one put a gun to their head and said tweet some fluff! It's been a month since these tweets. Don't tell me now, like he did, "Well, these things take time, I can't tell you when we'll be able to update you".
Typical OTC bs.
In response to an email I just sent to the company, they sent me this link to yesterday's Zoom call.
https://us02web.zoom.us/rec/share/yuycD4Ulec0ubG_cC5mfy1BB6jK4pcCs7nlIz4tIlMx2xs08WG8EUiQE4Ur6kOx3.KN_5I9wz4Pvl6JmE?startTime=1666721112000
Passcode: S!iJk1zZ
Ha Ha, I type the exact same thing before changing it. Great minds......
I'm surprised there is not a press release or 8K filing with the highlights of yesterday's Zoom call. Based on the price action so far, did the call even happen?
I called the number you gave me. A guy answers and just says "Hello". I asked if I had reached Barrel Energy and after a few seconds hesitation he says yes. I introduced myself, said I was an investor, told him he has put out several tweets in September teasing some news soon, and I was just wondering when we might hear something. He seemed a little defensive, said it takes a while to put these mining deals together, and he could give me a time frame like two weeks when we might get an update, but there's no way of telling if it happens in that time or not.
I was a little disappointed in the call. I realize this is not a large corporation, but the phone should be answered as if it is a real company. And I understand if there's no news to put out yet, but then don't issue tweets hinting that something major was coming soon.
I find the money flow indicators on the chart to be intriguing, but I was underwhelmed by my first "in person" interaction with BRLL. Just my 2 cents.
Sorry, I was just joking about the Strong Buy being coded into their software. I should have added an LOL.
It is hard coded as a strong buy!
Thanks, I'll give it a try.
Agreed. I bought in partially because the money flow indicators were so strong even when the stock was going nowhere. Maybe on the OTC those indicators aren't reliable? Anyway, it sure would be nice to hear from the company.
Has anyone had any contact with the company lately? The last tweet was about a month ago. I sent an email to the company, but the email address on the website shows as info@barrelenergy which isn't a valid email address. I tried sending something to info@barrelenergy.com but didn't get a response.
Anybody?
The CEO has scheduled a Zoom call for October 25, I believe. I doubt if she planned that without having good news to relay to investors. Otherwise, why bother? Unless and until that call gets cancelled, it's probably worth holding at least until then.
Insider Purchases
I don't know if this is accurate, but Yahoo Finance shows that the last insider purchase was in 2015. While I appreciate a CEO who communicates with shareholders, if she really wants to provide a boost to us she could announce that she's buying shares at this level. I don't use Twitter or I would suggest that to her myself.
Question for the board - We know they plan to increase the A/S in order to facilitate the upcoming merger. Those additional shares will become O/S, right? The merger partner will likely be offered shares at a discount to the market, so it is to the merger partner's benefit to have the current share price as low as possible prior to the merger taking place. Could that be why we see the relentless selling day after day?
The stock price is no higher today than when that news came out, so I guess the market is looking for something a little more substantial.
I don't know what the catalyst will be to get this stock to move, but both the accumulation/distribution line and the Chaikin Money Flow have been pretty strong of late. Given the low float, any kind of positive news could trigger a nice run.
Don't take it personally. I own the stock so I hope I'm wrong. I repeat, they're about to release life-changing news, and they're using Tom Nelson and Hicks podcasts to spread the news?
Possibly. But if there was great news to share, do you think a podcast with a limited audience is the best place to present it?
I think it is just as likely as they have some blockbuster news that hasn't leaked out at all. They know investors want to hear from them after many missed deadlines and weeks of silence and they can now do the podcast with whatever updates they want to provide and say they were in a quiet period earlier but now can speak up. I think as investors we need to be objective, and posters who think news is going to propel a 6 cent stock to dollars in quick order are fooling themselves.
Not to rain on anyone's parade, but the NDA could have precluded Charles from speaking out while negotiations were in progress. It's possible negotiations have broken down and that's why Charles can now speak out. I still maintain that we would not be trading where we are with the potential they've been teasing for all these many months.
We should buy a lot more. Tom has proven himself to be very trustworthy! smh
Why, because I'm pointing out the obvious? This is my lottery ticket so I'm holding but no way am I adding. There are lots of speculative stocks trading in the dollars with less potential than management claims we have. But rather than considering the possibility that this is just a typical stinky pinky, posters look for all kinds of conspiracy theories.
Rockie, don't bring common sense into the discussion!
Some would have you believe that posters on IHUB know more about the science in play here than thousands of researchers working for big pharma and bio science companies around the world. Or that the MMs are to blame for our share price, or Charles purposely withholding information, or NIH not wanting our cures to be known, or whoever else can be blamed.
You hit the nail on the head. We would NOT be trading at 6 cents if we truly had the potential lifesaving cures and therapies that we claim.
I was fortunate to have watched the video, but if it's already gone doesn't that speak to the competency (or lack thereof) of our IR efforts? Why is Tom Nelson still associated with ENZC and why can't we put together a coherent strategy to get the word out?
Wouldn't be surprised if it is someone on this board who keeps telling us everything is just fine.
They say they have the cure for HIV and sp is .05 cents
Well, since both things aren't true, and the price is what it is (well, 6 cents actually), which statement must be BS?
A podcast? Oh boy! Don't worry Charlie Brown, I won't pull the football away again.
And the big question: $750,000 would buy 10 million shares of ENZC. Most bullish posters think the price could easily be 20 times higher than where it is now. So there's no big pharma, or biosciences firm, or big individual investor willing to reach into their couch cushions for that kind of chump change? IHUB posters know more than industry insiders? Does that really seem likely? Something just doesn't add up.
I might phrase things a little differently, but where I 100% agree is that if we had a cure as some here tout, there would be enough buzz in the pharma world that we would be trading multiples of the current stock price.
If that's a serious question you haven't been paying attention.
Maybe the bashers are right in what they've been saying about this company. Given the lack of professionalism shown by Charles in his public comments, if we really had life-changing therapies, wouldn't that have leaked out by now? We can try to read the tea leaves (Level II) as best we can, but price is truth and the price (and the price action) is saying this is just another OTC stock that's circling the drain.
Why do you still believe we are developing disruptive technology, when everything else they tell us seems to be vague or outright false?
The lack of a coherent PR strategy is the most puzzling thing about this company, and the biggest impediment to seeing the stock price increase. Why are they still affiliated with Tom Nelson? Why does management put out fluff tweets, and offer deliverables that aren't delivered? Why aren't investors given updates on the company products that are truly game-changers? Why don't they hire a competent IR firm? It all makes no sense.
Go to Amazon and see how many immune supplements are on the market. Unless we get a deal with a retailer like Amazon or Walmart, I can't imagine we're going to get much revenue from no-name sites.
If the company acted more professionally the FUD spreaders would have less of a platform.
The "days or weeks" to release the audit came and went so let's see what happens as the extension deadline nears. Stop with the stupid tweets and end the relationship with Tom Nelson. Start following up on things, like telling us what happened to the presentation to retailers that would begin carrying the immune boost product by the end of March.
Credibility, credibility, credibility. Act like a real company and hopefully the market will reward them (and us).
Thanks for the message, but I don't have PM capabilities.
I once had high hopes for this company and stock, but now am not so sure. It has some disturbing similarities to other OTC stocks that turned out to be nothing. Consistent missed deadlines, hyperbolic tweets that never came to fruition, company management blaming negative posters on social media for poor stock performance, to name a few. And the big red flag for me - this stock would not be trading at 8 cents if investors truly believed in the potential management is touting. Something doesn't add up.
I'm not bashing, and still hold most of my position here, but I consider this more of a lottery ticket at this point than a true investment. Hope I'm wrong.