InvestorsHub Logo

Huggy Bear

12/10/17 11:23 PM

#14411 RE: Civicbird #14410

Unfortunately, the scenario you painted out seems highly probable. Appears to be a renewed pitch and fervor to dole out some more end game shares.

Major Profits

12/11/17 2:02 AM

#14412 RE: Civicbird #14410

Agree!!

(1) I've never been caught in a company that did a R/S, but from reading about them they suck. :-( So if that happens here I will be one of the guys who will have a human foot RACE to the exit door. :-)

(2) Another thing that others me is the possibility of the dreaded SEC suspension for tickers that aren't current. I've been caught in one and they suck. :-( I hope this gets current soon.

(3) And the following kinda scares me about our new Director, Paul Strickland:

December 5, 2017
https://globenewswire.com/news-release/2017/12/05/1229232/0/en/EHOUSE-GLOBAL-INC-ANNOUNCES-NEW-STRATEGY-AND-APPOINTMENT-OF-NEW-CEO-AND-OTHER-MANAGEMENT-CHANGES.html

Financier Paul Strickland has joined the Company as Director.


Nov. 21, 2017
http://www.marketwired.com/press-release/marani-brands-inc-announces-acquisition-new-subsidiary-peppermint-jim-llc-company-also-2241423.htm

Financier, Paul Strickland, has joined the Company as interim CEO and Director. Mr. Strickland led the acquisition along with advisors to the Company.


Being associated with that other ticker scares me.(Been there, done that. And it didn't end well. :-()

JMOs

GLTA

eZ3

12/11/17 9:04 AM

#14416 RE: Civicbird #14410

Why do buy backs occur? They happen when several elements are in place.

(1) First, management has to have the funds to buy back shares EHOS likely is in debt and will be in more debt once they start buying horses etc...all things in the future will be financed through convertible debt.

(2)When management is trying to increase shareholder value. OTC companies have no regard for it's investors, quite the opposite. These "companies" don't have shareholder pressure and have no accountability to us.

(3) Why buy back shares? OTC companies just issue debt and dilute when they need funds. This is like printing free money anytime you need money. (at our expense of course). Again shareholders are at a disadvantage and we have no legal recourse down here.

A R/S ...no one knows but always possible when the PPS is this low. In my opinion a R/S is way more probable than an unlikely buy back