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jamigo

10/10/12 2:28 PM

#31628 RE: khaliis #31624

EGOC is costly experience for the "experienced trader" and it seems that no one knows how to trade it.

The PRs state a closed deal which isnt fluff to an experienced trader



It is fluff. A closed bad deal is worse than no deal at all.. The plan was to refurbish/retrofit old stuff and EGOC can't execute without approved devices. Never mind that no driver wants to go OTR with ancient lease purchase equipment. The breakdowns and maintenance can/do kill profits and there are far better alternatives. The experienced trader should do some DD and learn a little about the target market --> OTR trucking...

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i]Their is no reason to believe this is a scam .



Hmmm, no products, customers, revenue? There are more red flags on this stock than there are in the People's Republic of China. Longs can't bear to look at them, much less acknowledge them to newbie investors.


The PRs also state revenue off the big yellow truck .



Please! I've owned several OTR trucks and ask you, do you know what a single truck nets in a year? I'm not convinced that there is even a Big Yellow Truck that is making money with EGOC products installed. Those unapproved devices would be illegal if they even existed.

Lastly the only reason the PPS wont move is because ihub is important in order to get new buyers on board for stocks at this level . If negativity wasnt so persistent on the board and allowed people to do their own DD rather than read negative opinions . We would be in .003 area imo . now that would be a WOOHOO



Some new buyers are "the greater fool" but there aren't many that seem to be interested in a company with no revenue and zero potential of generating revenue. If you see "negativity," rebutt it with facts, not words from the guy trying to sell his stock.

BTW, I challenge anyone to 'splain how one does DD of a stock that doesn't file the financials? without looking at the numbers and the product we have nothing but guesswork and the word of the pumpers.