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A look back in time the candlesticks were quite large before the pop..
http://stockcharts.com/h-sc/ui?s=EWSI&p=D&st=2013-01-06&en=2013-07-06&id=p95063777575
none of the revenue is accounted for. Its all in accounting for leased operations.. That fact that EVERYONE and I mean EVERYONE is claiming a dismal Q2 is upon us leads me to think some things off.. still hate the position I am in currently.. Added some the past few days but don't feel to good about it..
tell me about it!! I believed in Ms Peterson.. Clearly duped again!
my take was the transition to leased operation accounting would be resolved in Q2. If correct prior Q's and K would stand. Full revenue and assets would be filed in Q2 filing.
why make false statements when many true statements can reach the same points?
"Some" Mfg's state the power output per device in a general use..
NONE state the power output in a specific use or when used in conjunction with other devices. The specific environment in which each device is used compiled with its surrounding environment effects the power consumption. Accessing the same devices in different climates will generic different outputs and vary the carbon footprint.
Despite this fact anyone who enters now is plain stupid. Should have sold a long time ago :/
probably not. I never believed Julie Peterson would be part of a penny stock scam.. Truly shocked....
NEW YORK (Scrap Register): E-Waste Systems is rolling out software that can identify and quantify the energy use of electronics to help companies cut energy consumption, comply with e-waste recycling rules and facilitate carbon trading.The technology brings the first public carbon credit trading ability to the e-waste industry, EWSI says.
The eWaste Carbon Credit technology was developed by E-Waste Systems, an electronics reverse logistics also known as EWSI, and Village Green Global to be operated under the eWaste CC brand name.
The e-waste software technology is integrated with VGG’s SMARTWeb system, an energy reporting and carbon accounting tool offered as Software as a Service (SaaS) to large greenhouse gas emitters and other organizations to reduce their energy and operating costs, validate their emissions, document their reductions, and support carbon credit trading.
The emissions from electronic goods imported to the US increased 300 percent from 170 million metric tons of carbon dioxide in 1997 to 470 million mt tons in 2004, according to the 2007 IEEE International Symposium on Electronics and the Environment.
Recycling electronics recovers materials that would otherwise be thrown away and cause environmental contamination in a landfill, EWSI says. Recycling these materials requires less energy and lowers the need for mining virgin natural resources, which in turn reduces the carbon footprint of electronics through the lifetime, the company says.
Staples, Best Buy and Office Depot are the only three major electronics retailers making a serious effort to help consumers recycle their old electronic products, says a report card released last month by the Electronics TakeBack Coalition.
While the three companies earned high marks on the report card, more than half of the 16 retailers flunked, including retail giants such as Walmart, Amazon, Costco, Sam’s Club and Sears. The coalition say that these retailers are doing very little to help recycle the billions of dollars in electronics that they sell.
As of July 29, 2014, there were 450,115,424 shares of our common stock issued and outstanding..
TA did in fact send an updated SS of 410M issued to me. The email has been posted here and sent to the company. 2 weeks later the company confirmed NO increase has been made with an OS of 394M.
overslept..thanks for the fills just now.. still looking for more ;)
Based on latest financial disclosure EWaste Systems Inc has 394.89 M of shares currently outstending. This is 20.07% higher than that of the Industrial Goods sector, and 38.18% lower than that of Waste Management industry, The Shares Outstanding for all stocks is 14.65% higher than the company.
no one is denying what the filing states. The daily volume has not justified the increase in anyway. Just as panic was passed on after T/A issued a false AS number the same is being done now. The recent fall in PPS has been followed by 50% short volume days. Although that number is not 100% true it is not EWSI history to reflect short days in excess of 10%.
who the heck is raising the bid??Drop it back down and gobble up all they are willing to give!!!
the 4 MM walkdown didn't turn out to well... Gotta love all those who SCREAM new low on 13750 shares.. Less than a $50 trade.. Thanks for the shares...Waiting for more... I'll bait yea again don't worry :0)
advice changes based on trading patterns. L2 is a simple read with EWSI. Fill me up please
Was only a matter of time before it was taken down. Load while you can.. You won't get to many down here!!
SUMMER SOLSTICE EXTRA: DUMP YOUR E-WASTE, STOCK UP ON BEACH READING, SEE THE LIGHTS
Posted on June 19, 2014 by admin
June 21st has the most daylight of the year, and you'll need every hour of it at the Pawtuxet Village Farmers Market.
As we return from our Gaspee Day exile to our home at Rhodes-on-the-Pawtuxet, we'll be hosting an e-waste collection by Goodwill Industries. They will be set up in the upper parking lot, and will gladly help you unload your vehicle. Computer components, electronics, small appliances and "anything with a plug" will be accepted.
It's also the annual Green Used Book Sale; donated books, CDs and DVDs will be for sale starting at 9 AM (no early birds, please!).
HARDCOVER, $2 each or three for $5
PAPERBACK, $1 each or three for $2
CHILDREN’S, three for $1 or ten for $3
Last half hour (11:30-12), fill a bag for $5
Funds raised from the book sale will enable us to bring Cranston public school children for some farm visits.
In the evening, come enjoy the fireflies in the meadow near Fay Field. Meet at 8:45 PM at the lower Rhodes on the Pawtuxet parking lot. A half-hour walk to see the firefly mating ritual. Bug repellent, long sleeves and long pants recommended. Please do not bring jars, nets, dogs or noisy electronics.
Chris Mezak of gC Farms says: "I will have some squash for this weekend. I'm not sure how much but I will bring some. I'm hoping with this week's heat will help them along. I will also have more broccoli.'
Sounds good to me!
And all our other vendors will be there as well: Presto Strange O coffee truck, Pak Express, PV Farmstand, LeFavorite Bakery, Blue Skys Farm, Bernie B's Honey, The Local Catch, the Market Table, Beltane Farm, Baffoni Poultry, Wedgewood Flowers and Rocky Ledge Farm. The Market Table carries products from the Virginia and Spanish Peanut Co, Rhody Fresh, Terry's Tasty Treasures and the Olive Tap.
See you at the market.
http://friendsofthepawtuxet.org/wordpress/
DD is what matters!!
Survey of Financial Restatements By Public Companies In 2013: Part II - Legal Solutions Blog - See more at: http://blog.legalsolutions.thomsonreuters.com/corporate-counsel/survey-financial-restatements-public-companies-2013-part-ii/#sthash.QaDwXPeJ.dpuf
Under Generally Accepted Accounting Principles (GAAP), most errors in previously issued financial statements are corrected via an amendment called a “restatement.” Restatement is a dreaded word in corporate accounting circles. One commentator likened a restatement to a “death in the family.” Section 250 of the Financial Accounting Standards Board’s Accounting Standards Codification gives an inkling of the array of errors that might blight a financial statement, including math mistakes, incorrect application of GAAP, oversights, misuse of facts, fraud, and use of non-GAAP accounting standards.
Nearly half of 2013’s restatements remedied a prior statement’s incorrect application of a GAAP principle. We classified these as “accounting principle” errors. Among these, the most common mistake was treating warrants to purchase equity, as Global Eagle Entertainment did, as “components of equity instead of as derivative liabilities” (8-K, Global Eagle Entertainment Inc., February 26, 2013). Other examples of misapplied GAAP principles include more complex situations like Insulet Corp’s reporting of a “reduction of its preexisting valuation allowance” as “an income tax benefit and not as an adjustment to goodwill” (8-K, INSULET CORP, February 08, 2013). Far less common were cases where the issuer employed the wrong GAAP principle.Examples include URS Corp, which had to restate after it “incorrectly calculated the fair values” of financial instruments “according to previous rules”(8-K, URS CORP, November 05, 2013), and E Waste Systems, which corrected reporting for a business unit to treatment as “a leased operation instead of a consolidated entity” (8-K, E WASTE SYSTEMS INC, November 19, 2013).
Most if not all PR's state this disclaimer..
Safe Harbor Statement: Certain statements and information included in this release may constitute "forward-looking statements" as defined in the Federal Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied in such statements. Additional discussion of factors that could cause actual results to differ materially from management's projections, estimates and expectations is contained in the Company's SEC filings. The Company assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by federal securities laws.
NONE of the shareholder letters state this. The letters were sent after 4/12/14 filing of Q1 Amendment. Anyone who believes the SEC has not kept a close eye on all this is plan crazy. Although high risk the simple fact this has not been suspended proves something big is in the works.
Many can cry about the AS increase all they want.. Each time a NEW note is issued (to pay off existing notes as they have done since Q3 2013) the AS needs to be increased..
400M issued shares with 50M in revenue...Current PPS .0051
***The restatement for the quarters ended June 30, 2013 and September 30, 2013 as approved by the Company’s auditor are being filed contemporaneously with this amendment.**
con·tem·po·ra·ne·ous (kn-tmp-rn-s) adj. Originating, existing, or happening during the same period of time:
I suspect the SEC will release these after review... Then KABOOM!!!JMHO!!!
that's for me to know and you to wonder..The answers are in the filings for anyone that wants to see!! Lock & Load!!
very interesting updates happening in regards to GAAP accounting of leased operations.. Kinda funny how many here claim no such thing exists!!!
http://www.fasb.org/jsp/FASB/FASBContent_C/ProjectUpdatePage&cid=900000011123
here comes the take down attempt... like clockwork.. classic EWSI style..
your curiosity means squat to anyone... Just an FYI :0)
August is 31 days FYI
gap expected to close by EOW 0.0066 to 0.0064
E-Waste Systems Inc possible acquisition by Newell Recycling!!
https://zephyr.bvdinfo.com/version-2014728/FullEditorialNews.serv?databaseContext=Deals&NewsId=18134&product=zephyrneo
M&A Mention of EWSI!!
Newell Recycling picking up Blaze
Posted on Wednesday, 30 July 2014 13:16
Newell Recycling of Georgia, a provider of full-service metal recycling, has announced the signing of a definitive merger agreement with local peer Blaze Recycling & Metals.
The deal will take the form of an acquisition of Blaze by Newell, but no financial details have been disclosed.
The Norcross-headquartered target’s chief executive Cary Grossman is optimistic about the company’s prospects following completion, saying that the enlarged business will be able to provide more opportunities for the firm’s employees.
His opposite number at Newell, Sharon Newell Shirley, added: "This combination will strengthen and improve our ability to be the best service provider to our upstream and downstream customers and will improve the efficiency of our operations.
“Once combined, the geographic breadth of our 22 facilities, significant logistics savings, efficiencies from specialising our assets, and the knowledge base of our industry leading employees will be unparalleled in the southeastern region."
Completion of the deal remains subject to closing conditions and is expected during August of this year.
Blaze claims to be one of the largest full-service metal recycling companies operating in the southeastern US, with eight scrap yards, including two high capacity shredders, throughout Georgia and Alabama.
The company was founded in 1990 and also offers worldwide brokerage services, exporting to many countries, including China, Turkey, Japan, Korea and India.
Newell Recycling operates 12 scrap metal facilities throughout its home state.
The firm was established in 1976 and initially operated as a separation plant for heavy media before diversifying to include the recycling of ferrous and non-ferrous metals among its activities.
Its operations include three mega shredder facilities in the cities of Atlanta and Savannah.
This is not the first M&A deal within the waste management sector in North America this year; according to Zephyr, the M&A database published by Bureau van Dijk, the industry has been targeted 19 times in the region during 2014 to date.
The most valuable of these deals was a USD 465.00 million acquisition of landfill and recycling player EQ by US Ecology in June.
Other targets include Thermo Fluids, BENEV Capital and E-Waste Systems.
https://zephyr.bvdinfo.com/version-2014728/FullEditorialNews.serv?databaseContext=Deals&NewsId=18134&product=zephyrneo
http://www.cityweekend.com.cn/shanghai/blog/sustainable-shanghai-green-initiatives/
Quote
After a long search for a responsible recycling company, the organization began working with E-Waste Systems to create a scheme they can rely on.
CEO convicted of fraud?
Mr. Steven Baritz is President, Principal Executive Officer, Principal Financial Officer, Principal Accounting Officer, Treasurer, Secretary, Director of the Company. He was President/CEO Island Federal Mortgage, Ltd. Hauppauge, N.Y. Company was privately held, from November 1986 - June 2014. He was found by a court of competent jurisdiction in a civil action or by the Commission to have violated any Federal or State securities law, and the judgment in such civil action or finding by the Commission has not been subsequently reversed, suspended, or vacated. He was found by a court of competent jurisdiction in a civil action or by the Commodity Futures Trading Commission to have violated any Federal commodities law, and the judgment in such civil action or finding by the Commodity Futures Trading Commission has not been subsequently reversed, suspended or vacated.
http://www.reuters.com/finance/stocks/companyOfficers?&symbol=NSAV.PK&WTmodLOC=C4-Officers-5%3Cb%3E
I don't not say that was the reason
To some yes others no. Message boards have a widely variety of posters all with a different understanding. a statement made can mean two different things depending on who sees it..
I know what I know and invest based off it. My opinions been shared and others are with me. I understand your take. I'm not one who will promote bad for personal game.
Looks like volume isn't here to support much of a fall..
http://stockcharts.com/h-sc/ui?s=EWSI&p=D&yr=0&mn=3&dy=0&id=p82426243102
Slapping the ask given the history of bid dumping that follows is plain stupid. Little by little they will fill
Much more info is out.. The FACT remains he is a closer and gets it done.. Is it always pretty?? No..IMPOSSIBLE to satisfy all.. I'd rather him over any other OTC CEO