Just FYI for those on this board. I wanted to share information and someone did some homework and this is what they came up with. Any thoughts about this. I also looked up the phone number and came up with the same thing. By the way, I used the link and asked them for a yes or no answer about the information - I did not speak with anyone.
Quote - "it appears that about one million shares were sold this morning, prompting a quick selloff during a very slow day in the markets before the Fourth of July weekend"
Translation = People woke up and dumped this garbage stock before their great holiday weekend as it was making their portfolio look horrible...
Quote = "The company anticipates updating investors on the previously announced contract proposals totaling $10.5 Million (Press Release: June 10, 2009: Electron Solar Energy Announces Over $10.5 Million in Outstanding Solar Energy Project Proposals: Record Pipeline of Solar Energy Contract Bids Evidence of Company’s Success in Marketing and Positive Client Referrals; Green Technology Distributor/Installer Sees Record Breaking Year)."
Translation = Proposals are just that.. they are written estimates for POTENTIAL Jobs / Bids .. so far no Jobs or Bids have been secured or filled, as it is my guess if there have been contract proposals filled ESRG would have listed them already in a press release.. I can easily make proposals stating that I have X amount of Dollars in outstanding contract bids.. it does not mean they will get honored.
Quote = "Again, ESRG knows of no business/fundamental reason to account for a large order to sell being entered today"
Translation = That is because they have no idea how to run a company .. and that is why this stock is garbage ..
Typical Statement made by IR as they get paid to say this and this is what they do..
Quote = "Please give us a call at 404-261-1196 with any questions. "
Translation = Call us so we can make you feel good about spending your money on this stock..
Quote = "And have a nice Fourth of July holiday weekend."
My Translation = The ESRG CEO and board members are having a great BBQ and watching fireworks this 3 day weekend.
The Phone # for IR is you do a specialized Reverse search shows that this # comes back to
Name(s)
Rick P Lutz
Frederick P Lutz
H Lutz
Street Address
1089 Dunbarton Trce NE
City Atlanta ATLANTA
State GA
Zip Code 30319 -2687
Last Updated 04/2009
Latitude / Longitude 33.877961 -84.344133
Type Home
Carrier N/A
sTelCo BELLSOUTH TELECOMM INC DBA SOUTHERN BELL TEL & TEL
Phone Number
(404) 261-1196
Area Code 404
Exchange 261
AI
