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Value_Investor

08/01/17 3:19 PM

#2660 RE: siar #2658

100% Wrong float number again! EIPC has 242,522,960 shares OS of which 234,050,000 (not 126,601,761) shares are floating! EIPC has 250,000,000 shares FIXED Small AS.

Up 8.33% so far! 400K-0.0011 x 167K-0.0013 now. The next bid/ask is 3.2M-0.0010/623K-0.0040. The bid was 150K-0.0012 and 550K-0.0011 this morning! EIPC is trading at $316K Market Value now v.s. its OTCNI-Tier Non-Reporting peer (AFTC) at $177K MV. At its 52-week low $0.0006 EIPC has $145,513.77 MV; At its New 52-week high $0.0040 EIPC has $970,091.84 MV. The previous 52-week high was 0.0021.

It seems the bid won't fall to 0.0008 or even 0.0006 (52-week low) again since 0.0010 has already formed a New Bottom supporting price due to the dried out sales at 0.0010 ~ 0.0012!

Anyway EIPC needs Strong Slapping actions at those dirt cheap 0.0013 ~ 0.0019 asks in order to see 0.0040 again! Those most recent 0.0040 ~ 0.0020 buyers (they bought over Twenty Millions shares at 0.0040 ~ 0.0020) should buy 20M ~ 40M shares at 0.0011 ~ 0.0019 in order to Average-Down their cost bases significantly!

The current price 0.0013 is above the 20-Day MAL 0.0011, 50-Day MAL 0.0010, and 200-Day MAL 0.0009! Therefore No More Technical Resistance on the upward way and blue sky above the current bid 0.0011!