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 samuelhorn999 |
| Tuesday, October 18, 2005, 11:00:52am |
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hey guys i really like this company. they seem to have a great product and their finacials seem to be in order. does anyone know anything about this company. |
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| krill - Sunday, October 30, 2005, 3:35:55pm | | |
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| krill |
| Tuesday, October 18, 2005, 11:59:49am |
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 OTC stocks are for trading imo not 'investing'. ProfessionalsModerator Posts
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There were a number of pump outfits being paid to promote them awhile back..macreport was one. Check the paid pump board. |
| Come and join me in "THE SWAMP", the OTC swamp that is. Help me identify which stocks have the postential for BIG GAINS before the industry hacks start pumping and dumping them. DON'T GET SCAMMED, GET SMART!!!http://www.investorsparadise.com/c-Krill/ |
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| popeye |
| Tuesday, October 18, 2005, 12:01:09pm |
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Samuel, ETLC is apparently about to merge with American Home Market which is privately owned and is a closing agent for HUD. The merger is scheduled to be complete in November and the company says that it is on schedule.
ETLC has well over 100,000,000 shares outstanding and owe more money than the company is worth. For these reasons I believe that there will probably be a common share adjustment, (reverse split under another name), within the merger. This appears to be a merger designed to make it easy for American Home Market to go public. |
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| samuelhorn999 |
| Thursday, October 20, 2005, 9:45:11am |
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well the merger is probably a good thing i would think but a reverse split? thats hardley ever good. so its probably best to stay away from this one? |
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| energy_wave |
| Monday, January 23, 2006, 9:50:55am |
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There won't be a reverse split. They have something like 125 mil out at this time. There seems to be a delay getting off the pinks. More then likely a MM issue. |
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| popeye |
| Monday, January 23, 2006, 10:36:14am |
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Energy, while the company may be engaged in an honorable pursuit it continues to be in a dire situation. The company has approximately 130,000,000 shares outstanding but is far from the authorized amount so you are correct in the unlikelyhood of a reverse split at this time. The real problm is getting this company turned around. ETLC has total assets of only $10,489 with total liabilitiies of $616,794. This means that the company owes 58.8 times what the entire company is worth and it is all due in the current year. The company must continue to issue shares for cash and services to survive. With this type of massive negative net worth the company has a long hard road ahead to get into the black. |
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| nsomniyak |
| Sunday, February 19, 2006, 2:54:14pm |
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There are three things to watch for here:
--merger with AHM
--move to otcbb
--product launch
There seem to be lots of delays in the first 2, maybe waiting on the third. |
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| Vince |
| Sunday, February 19, 2006, 9:32:44pm |
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| Seth |
| Sunday, February 19, 2006, 10:10:34pm |
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I believe Lebed pumped this one.
Seth |
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