InvestorsHub Logo
Followers 1
Posts 105
Boards Moderated 0
Alias Born 04/10/2005

Re: None

Saturday, 11/21/2009 8:44:15 PM

Saturday, November 21, 2009 8:44:15 PM

Post# of 103340
JD obviously is not in this for the short term gain unlike some so called longs here might be. Those hyping about how many shares they are buying here can be the same ones selling. They continue to claim they are "longs" as they boast of buying, but you don't here that boasting about their selling or posting that on the message board for you. People like Gambler, who appears truly committed to wait this out, is the type of investor that JD and this company is now going after.

This news is not for the flippers. JD recently retired some shares from cash in the coffers and said they will continue to do so. With the share price going down here, another great time for the company to buy on the open market and retire more shares.

I believe he feels very strongly about the future of ETC. and sees that entity growing very fast. Yes, he could leave it alone with EXPH, but there are nearly a billion shares tied in with it.
By going private, and in some future time, that segment (company) will be taken public, with fewer outstanding shares on say AMEX, and possibly reverse merge EXPH into it. If things go as JD believes they will (revenues and profits in both companies), EXPH appears headed for success on its on merits as is ETC.