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sojourner

05/21/12 10:07 PM

#10346 RE: Bullseye104 #10340

Bid increasing, ask moves to 0.34. Conclusion: After digesting news, no one wished to sell in the teens. Who can blame them?

1) The entire Cheesecake Factory chain (171 restaurants) is in the bag now. That whopper of a contract will send jolts throughout the food industry; they look to highly profitable CF as a smart industry leader and trend setter. Big Food will wonder what kind of magic ESFS is peddling given that CF is completely sold on it. The effect on the rest of the industry can't be underestimated.

2) Opp for ESFS patented hazmat machines percolating. "Seems California Police group will be the first to order."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75695711

Is it LAPD or CHP? Imagine what that news will do to the stock already primed with huge CF news? California is a trend setting state just like CF is a trend setting restaurant chain. Those CA contracts will make headlines in hazmat circles.

3) M.E. distribution to six countries in the works. Olfati Environmental Consultations to represent our company's complete product line in six foreign countries. (PR)

4) Wild card acquisition of ESFS. From horse's mouth: "buy out company was still very interested and talks were still on going"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75695711

Put these data together with whatever deals are swimming below the surface, and one understands why the bid moves higher and still no one wants to sell.

sojourner
Friday, May 18, 2012 2:35:30 PM
Re: Pleepleus post# 10292
Post # of 10346
What many people forget about the tale The Boy Who Cried Wolf is that, after several prank false alarms, the wolf in fact did appear. The moral of the story for ESFS is that ESFS will eventually get those big juicy contracts. With heavy bid support at much higher prices than were heavily bid some weeks ago (@0.08), the market appears to be saying the wolf will soon be here in the flesh.


The wolf finally showed up!