Fri, 21 Feb 2014 11:00:00 GMT ~ Energy Edge Technologies (OTCQB:EEDG) Signs Lease For First Gourmet Chicken Restaurant in College Park, GA. [PR Newswire] - ATLANTA, Feb. 21, 2014 /PRNewswire/ -- Energy Edge Technologies, Inc., (OTCQB: EEDG) CEO, James Boyd, announces the first of several lease signings for Gourmet Chicken Company. The first restaurant will ... read full: http://finance.yahoo.com/news/energy-edge-technologies-otcqb-eedg-110000661.html *********************************************************
Fri, 03 Jan 2014 12:00:00 GMT ~ Energy Edge Technologies Corporation (EEDG) CEO Reports Company Near First Gourmet Chicken Restaurant Locations [PR Newswire] - ATLANTA, Jan. 3, 2014 /PRNewswire/ -- Energy Edge Technologies Corporation (OTC: EEDG) CEO James Boyd said company plans to sign first lease this month on first Gourmet Chicken Restaurant Location. "We ... read full: http://finance.yahoo.com/news/energy-edge-technologies-corporation-eedg-120000661.html *********************************************************
##### chart ~ source: stockcharts.com
##### chart ~ source: eoddata.com
##### company info ~ source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/EEDG/company-info Ticker: $EEDG OTC Market Place: OTC Pink Current CIK code: 0001495230 Company name: Energy Edge Technologies Corporation Company website: http://www.energyet.com Incorporated In: NJ, USA
##### last known share structure ~ source: otcmarkets.com
Market Value: $191,391 a/o May 30, 2014 Shares Outstanding: 191,391,221 a/o Apr 15, 2014 Float: Not Available Authorized Shares: Not Available Par Value: 0.01
##### business description ~ source: otcmarkets.com
Energy Edge Technologies Corporation (\"EETC,\" ?Energy Edge? and the ?Company?) was incorporated in New Jersey in January, 2004. EETC is a company specializing in energy cost and consumption reduction for mid to large sized companies, institutions and government entities. EETC consists of independently contracted professionals, industrial and electrical engineers, Leadership in Energy and Environmental Design (?LEED?) accredited professionals and business entrepreneurs. EETC provides companies, institutions and government entities with turnkey, whole facility solutions that reduce energy consumption and corresponding costs and increase the efficiency of existing equipment and buildings. EETC has experience in implementing and supporting industrial and commercial energy conservation measures, approaches and processes across a broad spectrum of industries and facility types. Our typical projects are guaranteed to reduce energy consumption (including electric, gas, fuel and water) and corresponding costs by 8% to 30%, provide 33% or better return on investment and decrease greenhouse gas emissions and our customers' carbon footprintsLess >>
I've posted the official DD. Now, here's what I've gathered and why I think this is a great play over the next few days.
The current PPS is .0010 with a recent bottom at .0007. The company has announced a 30:1 reverse split coming up for June 5th. Normally a reverse split means bad news for most companies. In this case, the target post reverse split price is .10...yes a dime. So with a 30:1 reverse split ratio, the current PPS would need to rise to .0030 by COB June 4th to produce a dime. That's a 200% increase from the current price. After the reverse split, $EEDG will become $RBBI...completely new ticker. We will also be uplisted to OTCQB.
The current OS is 240 million as of May 20th, 2014 with a 80 million float. After the RS, there will be a float of 2.6 million.
Finally, the latest operational news deals with an upcoming gourmet chicken restaurant opening in Atlanta, GA.
I hope this is enough to show that this is both a play for both longs and short term players. I myself have already flipped once and set up a free ride so I can be a true long and see where this goes. Nothing to lose and profit to make!
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