Replies to post #167 on iElement Corporation (fka IELE)

[Go_Stocks]

ABEW,

I think they did a 1-400 reverse split in 2003, after the RS, the stock price was pretty high. This info was from their 10Q a few months ago:

"The aggregate market value of the voting common equity held by non-affiliates of the registrant based on the closing sale price of the registrant's common stock as reported on the OTC Bulletin Board on July 9, 2004, was $2.20.

As of July 9, 2004, 29,355,251 shares of the registrant's common stock were outstanding."

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001145443%252D04...


The recent 10Q filing:

"There were 34,726,355 issued and outstanding shares of the registrant's common stock, $.001 par value per share, on February 16, 2005. "

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001188112%252D05...

[Go_Stocks]

ABEW, I think 0.015 is possible the bottom before the next run. 50% haircut from the recent high should be the point to make a bounce. So have your money ready tomorrow around 0.015.

This stock won't move up until shaked out these quick penny flipers bought yesterday.

[lonestar49]

.....in addition to ABEW'S request.....could DREAM or T4$ tell where we stand with the big red candle on the chart today.....is it consolidation or another turn down for the near term chartwise???

tia

lonestar49

[Dream]

In addition to T4$s response. They had nothing to support that price range. Zero revenue.

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001188112%2D04%2D001176%2Etxt&FilePath...

We're 'for the most part' holding an IPO. Any previous stock performance is pretty much void at this point.

Hope this helps some.

Good luck to us!