Replies to post #10549 on E-Waste Systems Inc. (fka EWSI)

[Seymore1721]

Dude, give it up. By definition, they did not handle this well. In fact, it was handled so poorly, that it makes one wonder if it wasn't part of the plan. In two weeks EWSI has gone from a different kind of penny stock to a typical penny stock. Maybe we need to go back a few years and see where Marty was when the stock went from dollars to less than a penny. No one ever seems to want to talk about that.

[buckyboy]

Kudos 74 for attempting to hold the line on a reasonable conversation today. A lot of totally human negative reactions to a filing that IMO is the first of a two part event that will change the direction of EWSI forever.

This 8K does two very positive things IMO. 1) It reduces debt on the balance sheet and 2) It allows the CEO to maintain control of the company as EWSI prepares to finalize the 2TRG acquisition.

The 2TRG acquisition will provide shares to Profit Seekers in an amount possibly up to 1.5M dollars worth of stock at a 50 percent discount to market. It's as if people have completely forgotten that shares will be issued for this acquisition...which will generate an estimated 5M annual revs out of the gate!

This will be (IMO) the 2nd half of this event. The closing of 2TRG and the final details of the acquisition as Profit Seekers has put up the required money to seal the deal. This is almost certainly why 50M restricted shares have been issued to Nielson. To reduce debt on the balance sheet and to maintain control of EWSI. Seems very reasonable to me.

Overall I think this is a great time to be an EWSI shareholder! Call me crazy if you want, but this company is moving forward very rapidly.

Like I said 74, you put up a good logical argument.

GLTA