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Saturday, October 29, 2011 10:22:27 AM
What folks need to realize is EGOC is not your typical R&D company with 0 revenues and only development expenses diluting 5 plus billion shares. EGOC is NOT one of those companies/stocks at the stage where it could break either towards the 98% pennies going nowhere or the 2% of pennies going somewhere.
EGOC has transformed from an R&D company to a GROWTH company going somewhere.
EGOC has made that break with the acceptance of their innovative patent pending technology. "In use" testing in the Middle East on a predefined bus (14,000 units possible) and already a contract with a U.S. based leasing company. The Master Lease model will be responsible for generating new additional revenues in 2011 going forward to reach a projected 20 million in recurring revenue annually over the next 2 years.
With all that said, just this week with absolute brilliance E1 acquired the majority of the assets of Master Lease Owner Operator Services (MLOOS) while integrating all current and future business under the E1 brand and management on a going forward basis whereby placing their assets, revenue, and cash flow under the E1 umbrella. Amazing and understandable from a synergy perspective. Now E1 has existing revenues plus the future accumulative and recurring 20 million in revenues to come. It has been stated that these numbers are conservative. By the way the activity and synergy created between E1 and Master Lease represents a "MODEL" that will be replicated going forward. This is huge in itself.
Folks, what that acquisition established was an E1 having a strong balance sheet and stabilibty TODAY.
This all said, the microcap roundtable has no or will have no issue with a company, whatever exchange it is listed on, that has a strong balance sheet, P&L statement, and Cash Flow!!! Enough said on that matter.
STABILITY is the NAME OF THE GAME and E1 is one stable company due in part to the last 8 weeks of superior execution by Ray Brown!
Have a great day folks!!!
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