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zenvesting

08/26/04 11:53 AM

#490 RE: zenvesting #489

ADGO: I called IR and left an annimate complaint about the lack of news and the fact the Chairman is selling. The least they could do is issue a PR about earnings to increase liquidity for the chairman to sell into!

He's sold 256,500 of his 340,000 he registered to sell in June....so I hope he's done soon. I continue to hold because of value, but am very disapointed that the chairman would sell so cheap. My only hope is that maybe he's deliberately selling these during this low-liquidity to deliver them to institutional shareholders that will support a move higher in this stock eventually? Maybe...I hope? I'll wait and see if institutional ownership has increased since last quarter.
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Katfish

08/26/04 12:03 PM

#491 RE: zenvesting #489

EZEN - According to the chart, this was much higher a few years ago. As recently as 2001, it spiked to over $14. I have over loaded on this stock, and this is a tactic I have tried to refrain from doing since I got burned badly on ACMM a few years ago.

I got caught holding 85,000 shares of ACMM at a cost of about $.75 when they decided to de-register the stock. When I read the news on de-registering, I started to hyper-ventilate. It was about 7:30 PM, so I went for a very long walk to settle my nerves down. In the AM, I sold all of it between .12 and .08. It was a terrible loss, and it taught me to be careful of over-buying.
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King Stuki

09/03/04 5:32 PM

#494 RE: zenvesting #489


Hi Zen,

Thanks for the bit of information on Harry B. Heisler. I am thinking of adding more to my ezen holdings. I like that they have a small number of shares outstanding, roughly 14.5 million. I emailed IR for the float. Curious how much insiders are invested.

Thanks,
Stuki