equityhunter.. If there were multi-million dollar investors out there dabbling in the pink sheets, why are they waiting to buy shares at .006-.008 when they can add them now at .003 ?
ETIM is not exactly well known yet, but they aren't this huge gigantic secret to pink sheet investors. They've had very active message boards and threads on a numerous penny websites and they were featured around the country on CBS News affiliates.
When I scan for stocks to invest in, I usually look at the active board, usually compile a list of 25-30 of them and check them all out one by one to see which looks like the best investment. This is how I found ETIM. Big time investors would do the same IMO and ETIM has been well out there and fairly active on the forums (especially this one).
My thoughts? Multi-millionaire investors don't dabble in Pink Sheets. They are looking for accountability and responsibility from management. They are looking for steady growth. They won't throw a dime into anything until they get the comfort. They would rather pay .01/share for a company that has shown they can regular report audited financials than .003 in an unregulated market.
There are pink sheets that make massive .001 to .05 runs, but most of them have much, much smaller O/S and float and are very often backed up by the company dooling out $$ to have penny websites pump it up.
OTC BB is the next major step.
