InvestorsHub Logo
Followers 1
Posts 507
Boards Moderated 0
Alias Born 12/05/2008

Re: DD-214 post# 169113

Tuesday, 06/16/2009 11:55:52 PM

Tuesday, June 16, 2009 11:55:52 PM

Post# of 202893
10-Q is supposed to be out this week. Revenue is one of the shareholders major concerns. Less than $400k/year in previous gross revenue. Lets see what the first quarter 10-Q shows. Keep in mind that manufacturing and distribution was all revamped at the end of 2008 and the PM line just came out. I anticipate revenue growth starting in 2009 and would be satisfied with a solid $250k/quarter by EOY.

My other concern is the O/S. With revenue growth I believe this stock could easily trade 1000% higher than it is today even with O/S of 600m shares. Other stocks are doing it right now. But EI must reassure shareholders that another R/S isn't in the works.

FLIPPERS...you should be loading up at .01 As soon as the 10-Q is filed this week the uplist requirements will be satisfied. It can't be worse than the 10-K. The panic selling and the anger selling is about over. You know EI is sitting on PR's. Don't miss your next 80% pop.

5* We have different perspectives but that is ok. I don't think EI would spend $700k plus to uplist and make themselves transparent if they were running a scam. But I will admit that was one ugly 10-K. Preparing that form must have felt like "going to Sunday confession". I'm still holding, flippers are still flipping and life is good!
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.