ENGY - Enviro-Energy Corporation (ENGY): Here are my thoughts jmhollen: The Bowe...

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Re: jmhollen post# 91

Sunday, 10/19/2003 9:33:57 PM

Sunday, October 19, 2003 9:33:57 PM

Here are my thoughts jmhollen:
The Bowers resignation to which you refer was reported on or about July 18th via an 8K:

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001052918%2D03%2D000177%2Etxt&FilePath...

In reading the appended letter of resignation, the reasons listed appeared quite grave in my opinion. The market's reaction however seemed almost 'ho hum'.

http://ca.finance.yahoo.com/q?s=ENGY.OB&d=c&t=6m&l=on&z=b&q=l

The letter of resignation is dated June 5, 2003. Early in July ENGY went on a bit of a run on volume above the preceding 20 day average. Quite strange considering the resignation of key player don't you think?

Anyway I do appreciate reading your thoughts as you appear to have an excellent understanding of the technology and its place in the market. Here's hoping they can get their house in order. If they don't...c'est la vie, I went in with my eyes wide open.

If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.