EYI Industries Enters Letter of Intent Worth an Estimated US$210 Million
Thursday August 11, 4:57 pm ET
BURNABY, British Columbia, Aug. 11, 2005 (PRIMEZONE) -- EYI Industries Inc. (``EYI'') (OTC BB:EYII.OB - News) (http://www.EYIcom.com), a marketer of products that promote well-being and a healthy lifestyle, is pleased to announce that it has entered into a Letter of Intent (``LOI'') for the sale of an undisclosed number of Patented Code Blue(tm) filtration systems over a 2-year period with the Guangzhou CEIEC Enterprise (GROUP) CO. LTD. (``Guangzhou CEIEC''), a subsidiary of The China National Electronics Import & Export Corporation (``CEIEC'').
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The CEIEC, located in South China, is the largest exporter and importer of electronic products in China and was the first Chinese enterprise to establish sales and cooperative relations with foreign brand name enterprises such as Hitachi, Sharp, Mitsubishi, Panasonic, Siemens, Casio, Phillips, Hewlett-Packard, LG and Samsung. Currently, the CEIEC is under the direction of the Chinese government and has extensive business relations with nearly 100 countries and regions and imports/exports over US$1 Billion in products every year.
The Code Blue(tm) portable water filtration system removes Arsenic and other contaminates to a negligible level from drinking water. China's large rural population and poor infrastructure in those outlying regions have created a huge demand for the Code Blue(tm) system which will facilitate the removal of harmful toxins from water, making it safe for human consumption.
Under the terms of the agreement, Guangzhou CEIEC will acquire agency rights from EYI Industries to distribute the Code Blue(tm) filtration system throughout China, and will commit to the purchase of US$210 Million worth of product as per the following schedule:
Fiscal 2006 (US$42,000,000)
Q1 = $700,000
Q2 = $2,800,000
Q3 = $14,000,000
Q4 = $24,500,000
Fiscal 2007 (US$168,000,000)
Q1 = $31,500,000
Q2 = $38,500,000
Q3 = $45,500,000
Q4 = $52,500,000
EYI Industries Chief Operating Officer, Dori O'Neill stated, ``Gaining access to China, the fastest growing global economy and largest consumer market through a reputable partner such as Guangzhou CEIEC Enterprise Group, is a huge milestone for EYI Industries.'' Mr. O'Neill went on to say, ``An order of this magnitude will certainly generate a great deal of shareholder value and may be just the first in a number of orders from China as the Code Blue(tm) filtration system is a cost effective solution to a very serious issue affecting millions in the Chinese population.''
About EYI
EYI Industries Inc., through our subsidiary Essentially Yours Industries, Inc. (EYI), markets products that promote health and well-being. Recently, EYI launched a consumer product that removes Arsenic and other contaminates to a negligible level from drinking water. The portable water filtration product's name is Code Blue(TM) and is exclusively provided to EYI. In addition, EYI sells dietary supplements and personal care products. A large portion of our sales are from CALORAD(R), a liquid protein supplement that has brought weight loss benefits to our customers. More than six million bottles of CALORAD(R) have been sold since EYI was founded in 1995. Our newest product, PROSOTEINE, is experiencing similar success to CALORAD(R) and bringing our customers the benefits of a natural Energy drink.
EYI markets its products through an extensive network of Independent Business Associates. Our sales force is staffed by knowledgeable, experienced men and women and supported by our comprehensive training programs.
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement.
nice pick evgeny05....it was a toss up between ptsh and eyii...i bought ptsh instead..it started at .061....went up to .08 in premarket...then shot up to .123...where it stands now...should have bought both...i ain't chasing it now....throw you an applaud even though i missed the boat on this ride....hope you got in....now you got 2 applauds :D
$210mil order -- wow, nice find.
I bought in today on the pullback.
Let's see where we go from here.
This stock looks really promissing. It would be nice to get more educated opinions on short/ med range targets. im not really sure how to use these boards yet; how do we get David or Ramsburg, etc. to do a quick analysis? can anyone tell me? tks ::)
EYI Industries Retains AGORA Investor Relations
Monday August 15, 8:00 am ET
TORONTO, Aug. 15, 2005 (PRIMEZONE) -- EYI Industries, Inc. (OTC BB:EYII.OB - News) (http://www.stopdrinkingpoison.com) is pleased to announce it has retained the services of AGORA Investor Relations Corp. (``AGORA'') (http://www.agoracom.com) to provide investor relations services.
The objective of this agreement is two-fold. First, to create effective communication between EYI, it's shareholders and the investment community through AGORA's Internet based investor relations system. Effective immediately, a customized and monitored EYI IR HUB (http://www.agoracom.com/IR/EYI) will allow both EYI and AGORA to communicate with all investors simultaneously, anytime and in real-time, while providing shareholders with equal access and complete transparency to all investor relations communications. The IR HUB will also provide one-click access to the EYI broker fact sheet, company profile, five most recent press releases, e-mail list registration, latest stock quote and chart information and an executive audio address updated quarterly. In addition, the IR HUB provides investors with a monitored discussion forum for the purposes of constructive and high-quality discussions about the Company that is free of spam, bashing, hyping and profanity.
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Second, AGORA will be fully responsible for creating, implementing and executing an investor relations strategy, the consolidation of which will save management a considerable amount of time, effort and expense, allowing them to focus on core business operations, while significantly improving shareholder communications.
EYI President and CEO, Jay Sargeant, stated, ``With recent developments and other projects, we believe the time has now come to significantly increase our communications with shareholders and the investment community. The solution provided by AGORA fulfills our need to manage and execute an IR strategy in a cost efficient manner, while providing our management team with the ability to focus on executing the business plan. Our shareholders and Company will benefit greatly from near real-time communications, regularly planned updates and increased exposure.''
For all future EYI investor relations needs, investors are asked to visit the EYI IR Hub at http://www.agoracom.com/IR/EYI where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to
[email protected] where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.
Under the terms of the 12-month agreement, AGORA will be provided with a monthly cash compensation component. In addition, EYI Industries will provide AGORA with 350,000 warrants, exercisable only after 12 months of service. This agreement has been negotiated entirely at arm's length. AGORA is located in Toronto, Ontario.
About AGORA Investor Relations Corp. http://www.agoracom.com http://www.AgoraIR.com
AGORA Investor Relations Corp. (AGORA) is North America's leading outsourced investor relations firm for small-cap companies. AGORA's exclusive IR HUB delivers two-way investor relations and communications that provides 100% transparency, accessibility, equality and near real-time communications for all shareholders and the investment community. The digital delivery of investor relations also provides public companies with savings over traditional services ranging from 50-60%.
AGORA has specialized in small-cap investor relations since 1997 and is the exclusive provider of all content to the AOL Small Cap Channel.
About EYI Industries, Inc.
EYI Industries Inc., through our subsidiary Essentially Yours Industries, Inc. (EYI), markets products that promote health and well-being. Recently, EYI launched a consumer product that removes Arsenic and other contaminates to a negligible level from drinking water. The portable water filtration product's name is Code Blue(tm) and is exclusively provided to EYI. In addition, EYI sells dietary supplements and personal care products. A large portion of our sales are from CALORAD(r), a liquid protein supplement that has brought weight loss benefits to our customers. More than six million bottles of CALORAD(r) have been sold since EYI was founded in 1995. Our newest product, PROSOTEINE, is experiencing similar success to CALORAD(r) and bringing our customers the benefits of a natural energy drink.
EYI markets its products through an extensive network of independent business associates. Our sales force is staffed by knowledgeable, experienced men and women and supported by our comprehensive training programs.
The statements made in this press release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections. The TSX Venture Exchange has not reviewed this press release and neither approved nor disapproved the information contained in this press release.
Contact:
AGORA Investor Relations
Investor Relations
http://www.agoracom.com/IR/EYI
[email protected]
Here is the deal.
Had a long conversation with the CEO of HYRF.
I am Buying a ton of shares for HYRF and EYII here because :
- The EYII Executives have been in China this week to in the words of the HYRF CEO,
To try and Finalize the deal. Said Letter of Credit is what they are there to get.
This would be huge news for the price.
- NO Other Companies are up for the bid, just HYRF product thru EYII
(Also Buying alot of EYII here as 50 Day Moving Average)
They get the Letter of Credit and no telling how high we go.
- ONLY company with the MARTI system for the water
- Now, HYRF is fine with or without the deal, so bought regardless
So many patents and deals in process
- HYRF just had a large order (PR) that will hit the books
- Chart came down from 38 cents or so recently
- Great selection, David !
All I can do is go off of the conversation. Recommend that you call him with any questions.
Many things can happen for a deal to not go thru, but he said very positive about the LOC.
http://biz.yahoo.com/iw/050815/093063.html ;D
Maybe a PR when they return from China. ;D
(http://www.geocities.com/toto9388/EYI.GIF)
I'll be buying more if there is an up trend and with matching volume activity.
Time will tell what will happen to EYII.
Good work everyone! ;)
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=5027;image)
EYII is ready to run after HYRF, imo.
All set at 7 cents.
Subject: RE: Question
From AGORAeyii
PostID 420720 On Tuesday, September 06, 2005 (EST) at 4:38:42 PM
Response To: bs371983 PostID 420649
--------------------------------------------------------------------------------
bs371983,
Thank you for your question.
Dori O'Neill is due back sometime this week. We will keep you posted as to his arrival and upcoming news and events.
Regards,
AGORA Investor Relations
David,
You look to be correct.
Alot of money headed to EYII.
Interesting part is when the initial purchase order came out, EYII doubled and then HYRF chased with only a 30% day.
But today showed similar trading patterns between the two.
EYII has some catching up to do now. ;)
Quote from: evgeny05 on August 12, 2005, 08:48:15 AM
EYI Industries Enters Letter of Intent Worth an Estimated US$210 Million
Thursday August 11, 4:57 pm ET
BURNABY, British Columbia, Aug. 11, 2005 (PRIMEZONE) -- EYI Industries Inc. (``EYI'') (OTC BB:EYII.OB - News) (http://www.EYIcom.com), a marketer of products that promote well-being and a healthy lifestyle, is pleased to announce that it has entered into a Letter of Intent (``LOI'') for the sale of an undisclosed number of Patented Code Blue(tm) filtration systems over a 2-year period with the Guangzhou CEIEC Enterprise (GROUP) CO. LTD. (``Guangzhou CEIEC''), a subsidiary of The China National Electronics Import & Export Corporation (``CEIEC'').
ADVERTISEMENT
The whole board owes you an applaud. Great Find!
Thanks
China clean water pledge...
http://www.irc.nl/page/15130 :o
EYI Industries Announces New Subsidiary in Hong Kong
Monday September 12, 7:00 am ET
BURNABY, British Columbia, Sept. 12, 2005 (PRIMEZONE) -- EYI Industries Inc. (OTC BB:EYII.OB - News), (http://www.StopDrinkingPoison.com), a marketer of products that promote well-being and a healthy lifestyle, is pleased to announce a new wholly owned subsidiary, Essentially Yours Industries (Hong Kong) Limited, has been formed in Hong Kong, China for the purpose of promoting and distributing EYI Industries, Inc. (EYI) products.
ADVERTISEMENT
Essentially Yours Industries (Hong Kong) Limited has appointed Dori O'Neill as the President and CEO. Currently, Mr. O'Neill serves as EYI Industries Inc.'s Executive Vice President and Chief Operations Officer. He leads the strategic direction and implementation of all issues related to Investor Relations. In the 1990's, he sold his marketing rights for an all-natural insecticide to a Public company and became Senior Vice President in charge of global operations. In this role, from 1990 to 1994, he opened offices in Japan and established sales organizations in 19 countries.
Essentially Yours Industries (Hong Kong) President and CEO, Dori O'Neill stated, ``We believe the timing for such a move is ideal. We are extremely excited about penetrating the Asian markets with our unique line of health and wellness products.'' Mr. O'Neill added, ``We also viewed many potential offices and hope to secure the location for our Hong Kong office in the very near future. It's very important for us to have the appropriate infrastructure in place, including right location, right office and the right people to help execute a successful business.''
This press release is available on the company's official online investor relations site for investor commentary, feedback and questions. Investors are asked to visit the EYI Industries IR Hub located at http://www.agoracom.com/IR/EYI Alternatively, investors can e-mail AGORA Investor Relations directly at
[email protected].
About EYI (http://www.StopDrinkingPoison.com)
EYI Industries Inc., through our subsidiary Essentially Yours Industries, Inc. (EYI), markets products that promote health and well-being. Recently, EYI launched a consumer product that removes Arsenic and other contaminates to a negligible level from drinking water. The portable water filtration product's name is Code Blue(tm) and is exclusively provided to EYI. In addition, EYI sells dietary supplements and personal care products. A large portion of our sales are from CALORAD(r), a liquid protein supplement that has brought weight loss benefits to our customers. More than six million bottles of CALORAD(r) have been sold since EYI was founded in 1995. Our newest product, PROSOTEINE, is experiencing similar success to CALORAD(r) and bringing our customers the benefits of a natural Energy drink.
EYI markets its products through an extensive network of Independent Business Associates. Our sales force is staffed by knowledgeable, experienced men and women and supported by our comprehensive training programs.
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement.
EYI Industries Inc. (OTC BB:EYII.OB - News)
CONTACTS: Jennifer Trevitt
Investor Relations
(604) 759-5017
[email protected] AGORA Investor Relations
[email protected] http://www.agoracom.com/IR/EYI
This is an ugly red candle.
I'm out of here. $0.125.
+78%
Good luck to the rest of you!
http://biz.yahoo.com/iw/050912/095009.html
Wish it would have helped today. :(
Subject: RE: Please Reply...Important to Know.
From AGORAeyii
PostID 421521 On Monday, September 12, 2005 (EST) at 4:57:37 PM
Response To: eyii_hyrf__ PostID 421225
--------------------------------------------------------------------------------
eyii_hyrf__,
Thank you for your inquiry. We have received the answers to the questions you asked.
Q. NO other company or distribution channel can sell the MARTI system anywhere in the world, unless it goes through EYII ?
A. No other company can sell CODE BLUE with the MARTI technology that removes nitrates, nitrites and arsenic.
Q. For how long in each area
A. EYII have signed an exclusive agreement with MARTI for five years.
Q. Did EYII pay HYRF for the exclusive rights ?
A. No, EYII did not pay HYRF.
Q. What was in it for HYRF to give this to EYII ?
A. Nothing.
Q. Can HYRF change the filter a little and sell to other distributors ?
A. EYII have an exclusive contract with MARTI for the sale of MARTI technology that removes nitrates, nitrites and arsenic.
Regards,
Maybe ready to go again tomorrow?! ;D
September 14, 2005 - 4:30 PM EDT
EYII
EYI Industries Announces Asian Distribution Agreement
BURNABY, British Columbia, Sept. 14, 2005 (PRIMEZONE) -- EYI Industries Inc. (OTCBB:EYII), (http://www.StopDrinkingPoison.com), a marketer of products that promote well-being and a healthy lifestyle, is pleased to announce Essentially Yours Industries (Hong Kong) Limited ("EYI HK") has entered into a distribution agreement with All In One Global Logistics Ltd. ("AIO") to distribute the EYI HK product line throughout Asia.
AIO is an established shipper / receiver / warehouse operation that services Hong Kong, mainland China, Thailand, Taiwan and other countries in South East Asia. The patented Code Blue(tm) water filtration system is manufactured in China and, as a result, AIO will handle the distribution of the product in China, Hong Kong and any other Asian countries for which EYI HK may establish sales for this product.
Essentially Yours Industries (Hong Kong) President and CEO, Dori O'Neill stated, "Securing the services of an experienced and established distributor was one of the major goals of my recent trip to Hong Kong. We believe having a solid company with years of experience in shipping and logistics for South East Asia is key to establishing successful sales in Hong Kong and other Asian countries."
This press release is available on the company's official online investor relations site for investor commentary, feedback and questions. Investors are asked to visit the EYI Industries IR Hub located at http://www.agoracom.com/IR/EYI. Alternatively, investors can e-mail AGORA Investor Relations directly at
[email protected].
About EYI (http://www.StopDrinkingPoison.com)
EYI Industries Inc., through our subsidiary Essentially Yours Industries, Inc. (EYI), markets products that promote health and well-being. Recently, EYI launched a consumer product that removes Arsenic and other contaminates to a negligible level from drinking water. The portable water filtration product's name is Code Blue(TM) and is exclusively provided to EYI. In addition, EYI sells dietary supplements and personal care products. A large portion of our sales are from CALORAD(R), a liquid protein supplement that has brought weight loss benefits to our customers. More than six million bottles of CALORAD(R) have been sold since EYI was founded in 1995. Our newest product, PROSOTEINE, is experiencing similar success to CALORAD(R) and bringing our customers the benefits of a natural Energy drink.
EYI markets its products through an extensive network of Independent Business Associates. Our sales force is staffed by knowledgeable, experienced men and women and supported by our comprehensive training programs.
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement.
CONTACT: EYI Industries Inc.
AGORA Investor Relations
Jennifer Trevitt, Investor Relations
(604) 759-5017
[email protected] http://www.agoracom.com/IR/EYI
EYII was up 17% today on no news (after going down quite a bit on Tuesday).
Afterhours they released news and I believe it will easily fill the gap that was left. We shall see, still holding to .22 before I even think of selling, then we shall see. I hope they announce their contract deal but all the 'pieces' seem to be falling into place.
1) New plant for increased production
2) LOI for 210 Million to validate the production
3) New distribution to ship all that new production :)
EYII made a nice 40% move up on Friday, 09/23, and closed at a "short term lower trend line".
Draw a line on the lows of 09/06 and 09/13 and extend this out and the close on Friday is touching this line from the bottom.
When a support line is broken it becomes resistance and when a resistance line is broken it becomes support.
Any other opinions on this being resistance, or can the price break through?
EYI Industries, Inc. Signs Chinese Agency Agreement With CEIEC
Sep 26, 2005 4:10:00 PM
2005 PrimeZone Media Network
BURNABY, British Columbia, Sept. 26, 2005 (PRIMEZONE) -- - EYI Industries, Inc. ("EYI") (OTCBB:EYII) http://www.StopDrinkingPoison.com, a marketer of products that promote well-being and a healthy lifestyle, is pleased to announce that its wholly owned subsidiary, Essentially Yours Industries (Hong Kong) Limited, has entered into an agreement for the sale of an undisclosed number of Patented Code Blue(TM) Water Filtration Systems over a 2-year period with China Electronics Import and Export South China Corporation ("CEIEC") through its wholly owned subsidiary.
Subject to the provisions of the agreement, CEIEC may purchase up to an estimated US$210 Million worth of product as per the following Purchase Plan:
Fiscal 2006 (US$42,000,000)
---------------------------
Q1 = US$700,000
Q2 = US$2,800,000
Q3 = US$14,000,000
Q4 = US$24,500,000
Fiscal 2007 (US$168,000,000)
----------------------------
Q1 = US$31,500,000
Q2 = US$38,500,000
Q3 = US$45,500,000
Q4 = US$52,500,000
Under the terms of the agreement, EYI will issue an Exclusive Agency Certificate to CEIEC, thereby granting CEIEC the exclusive right to distribute the Code Blue(TM) Water Filtration System throughout China for a period of two (2) years. In order to maintain exclusive agency rights in China, CEIEC must purchase a minimum of $21,000,000 in product in each of the years 2006 and 2007. CEIEC reserves the right, upon reasonable notice, to increase, or decrease, the number of Code Blue(TM) units that it purchases under the Purchase Plan, based on its evaluation of market demand in China. CEIEC will commence purchases under the Purchase Plan commencing in October 2005, and will place subsequent purchase orders on a quarterly basis.
The CEIEC, located in South China, is the largest exporter and importer of electronic products in China and was the first Chinese enterprise to establish sales and cooperative relations with foreign brand name enterprises such as Hitachi, Sharp, Mitsubishi, Panasonic, Siemens, Casio, Philips, Hewlett-Packard, LG and Samsung. Currently, CEIEC is under the direction of the Chinese government and has extensive business relations with nearly 100 countries and regions and imports/exports over US$1 Billion in products every year.
The Code Blue(TM) Portable Water Filtration System removes Arsenic and other contaminates to a negligible level from drinking water. China's large rural population and poor infrastructure in those outlying regions have created a huge demand for the Code Blue(TM) system which will facilitate the removal of harmful toxins from water, making it safe for human consumption.
Essentially Yours Industries (Hong Kong) Limited President and CEO Dori O'Neill stated, "As evidenced by this agreement, our recent trip to Hong Kong proved to be very productive. Not only have we established the infrastructure to support our sales initiatives in Asia, we have inked an agreement with a well established and reputable company in China." Mr. O'Neill went on to say, "We are extremely excited to see this agreement with CEIEC come to fruition as it opens up the world's largest consumer base and fastest-growing global economy to EYI."
EYI's President, Jay Sargeant stated, "This agreement with CEIEC represents many months of hard work and negotiations by the entire EYI team and we are very proud to finally announce that we have an agreement in-hand with CEIEC, which, if successfully completed, will be worth up to an estimated US$210 Million in sales over 2 years." Mr. Sargeant added, "As always, we would like to thank our loyal shareholders who continue to believe in EYI and the EYI business model. I can assure you that we are doing everything in our power to create shareholder value."
This press release is available on the company's official online investor relations site for investor commentary, feedback and questions. Investors are asked to visit the EYI Industries IR Hub located at www.agoracom.com/IR/EYI
Alternatively, investors can e-mail AGORA Investor Relations directly at
[email protected].
About EYI (http://www.StopDrinkingPoison.com )
EYI Industries, Inc., through its subsidiary Essentially Yours Industries, Inc. (EYI), markets products that promote health and well-being. Recently, EYI launched a consumer product that removes Arsenic and other contaminates to a negligible level from drinking water. The portable water filtration product's name is Code Blue(TM) and is exclusively provided to EYI. In addition, EYI sells dietary supplements and personal care products. A large portion of EYI's sales are from CALORAD(R), a liquid protein supplement that has brought weight loss benefits to our customers. More than six million bottles of CALORAD(R) have been sold since EYI was founded in 1995. EYI's newest product, PROSOTEINE is bringing our customers the benefits of a natural Energy drink.
EYI markets its products through an extensive network of Independent Business Associates. EYI's sales force is staffed by knowledgeable, experienced men and women and supported by our comprehensive training programs.
This press release contains forward-looking statements, particularly as related to, among other things, EYI's product purchase agreements and EYI's business strategy. The words or phrases "would be", "will allow", "intends to", "may result", "are expected to", "will continue", "anticipates", "expects", "estimate", "project", "indicate", "could", "potentially", "should", "believe", "considers" or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause EYI's actual results, performance or achievements, or developments in its industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the enforceability of its product purchase contracts in foreign countries, the performance of EYI's staff, management, financing, competition, EYI's ability to implement or manage its expansion strategy, general economic conditions and other factors that are detailed in EYI's Annual Report on Form 10-KSB and on documents EYI files from time-to-time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. EYI cautions readers not to place undue reliance on such statements. EYI does not undertake, and specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. Actual results may differ materially from the EYI's expectations and estimates.
CONTACT: For EYI Industries, Inc.
AGORA Investor Relations
Jennifer Trevitt, Investor Relations
(604) 759-5017
[email protected] www.agoracom.com/IR/EYI
this will gap huge....
EYI Industries, Inc. Signs Chinese Agency Agreement With CEIEC
Monday , September 26, 2005 16:10 ET
BURNABY, British Columbia, Sept. 26, 2005, Sep 26, 2005 (PRIMEZONE via COMTEX) --- EYI Industries, Inc. ("EYI") (OTCBB:EYII) http://www.StopDrinkingPoison.com, a marketer of products that promote well-being and a healthy lifestyle, is pleased to announce that its wholly owned subsidiary, Essentially Yours Industries (Hong Kong) Limited, has entered into an agreement for the sale of an undisclosed number of Patented Code Blue(TM) Water Filtration Systems over a 2-year period with China Electronics Import and Export South China Corporation ("CEIEC") through its wholly owned subsidiary.
Subject to the provisions of the agreement, CEIEC may purchase up to an estimated US$210 Million worth of product as per the following Purchase Plan:
Fiscal 2006 (US$42,000,000)
---------------------------
Q1 = US$700,000
Q2 = US$2,800,000
Q3 = US$14,000,000
Q4 = US$24,500,000
Fiscal 2007 (US$168,000,000)
----------------------------
Q1 = US$31,500,000
Q2 = US$38,500,000
Q3 = US$45,500,000
Q4 = US$52,500,000
Under the terms of the agreement, EYI will issue an Exclusive Agency Certificate to CEIEC, thereby granting CEIEC the exclusive right to distribute the Code Blue(TM) Water Filtration System throughout China for a period of two (2) years. In order to maintain exclusive agency rights in China, CEIEC must purchase a minimum of $21,000,000 in product in each of the years 2006 and 2007. CEIEC reserves the right, upon reasonable notice, to increase, or decrease, the number of Code Blue(TM) units that it purchases under the Purchase Plan, based on its evaluation of market demand in China. CEIEC will commence purchases under the Purchase Plan commencing in October 2005, and will place subsequent purchase orders on a quarterly basis.
The CEIEC, located in South China, is the largest exporter and importer of electronic products in China and was the first Chinese enterprise to establish sales and cooperative relations with foreign brand name enterprises such as Hitachi, Sharp, Mitsubishi, Panasonic, Siemens, Casio, Philips, Hewlett-Packard, LG and Samsung. Currently, CEIEC is under the direction of the Chinese government and has extensive business relations with nearly 100 countries and regions and imports/exports over US$1 Billion in products every year.
The Code Blue(TM) Portable Water Filtration System removes Arsenic and other contaminates to a negligible level from drinking water. China's large rural population and poor infrastructure in those outlying regions have created a huge demand for the Code Blue(TM) system which will facilitate the removal of harmful toxins from water, making it safe for human consumption.
Essentially Yours Industries (Hong Kong) Limited President and CEO Dori O'Neill stated, "As evidenced by this agreement, our recent trip to Hong Kong proved to be very productive. Not only have we established the infrastructure to support our sales initiatives in Asia, we have inked an agreement with a well established and reputable company in China." Mr. O'Neill went on to say, "We are extremely excited to see this agreement with CEIEC come to fruition as it opens up the world's largest consumer base and fastest-growing global economy to EYI."
EYI's President, Jay Sargeant stated, "This agreement with CEIEC represents many months of hard work and negotiations by the entire EYI team and we are very proud to finally announce that we have an agreement in-hand with CEIEC, which, if successfully completed, will be worth up to an estimated US$210 Million in sales over 2 years." Mr. Sargeant added, "As always, we would like to thank our loyal shareholders who continue to believe in EYI and the EYI business model. I can assure you that we are doing everything in our power to create shareholder value."
This press release is available on the company's official online investor relations site for investor commentary, feedback and questions. Investors are asked to visit the EYI Industries IR Hub located at www.agoracom.com/IR/EYI
Alternatively, investors can e-mail AGORA Investor Relations directly at
[email protected].
About EYI (http://www.StopDrinkingPoison.com )
EYI Industries, Inc., through its subsidiary Essentially Yours Industries, Inc. (EYI), markets products that promote health and well-being. Recently, EYI launched a consumer product that removes Arsenic and other contaminates to a negligible level from drinking water. The portable water filtration product's name is Code Blue(TM) and is exclusively provided to EYI. In addition, EYI sells dietary supplements and personal care products. A large portion of EYI's sales are from CALORAD(R), a liquid protein supplement that has brought weight loss benefits to our customers. More than six million bottles of CALORAD(R) have been sold since EYI was founded in 1995. EYI's newest product, PROSOTEINE is bringing our customers the benefits of a natural Energy drink.
EYI markets its products through an extensive network of Independent Business Associates. EYI's sales force is staffed by knowledgeable, experienced men and women and supported by our comprehensive training programs.
This press release contains forward-looking statements, particularly as related to, among other things, EYI's product purchase agreements and EYI's business strategy. The words or phrases "would be", "will allow", "intends to", "may result", "are expected to", "will continue", "anticipates", "expects", "estimate", "project", "indicate", "could", "potentially", "should", "believe", "considers" or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause EYI's actual results, performance or achievements, or developments in its industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the enforceability of its product purchase contracts in foreign countries, the performance of EYI's staff, management, financing, competition, EYI's ability to implement or manage its expansion strategy, general economic conditions and other factors that are detailed in EYI's Annual Report on Form 10-KSB and on documents EYI files from time-to-time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. EYI cautions readers not to place undue reliance on such statements. EYI does not undertake, and specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. Actual results may differ materially from the EYI's expectations and estimates.
This news release was distributed by PrimeZone, www.primezone.com
SOURCE: EYI Industries Inc
For EYI Industries, Inc.
AGORA Investor Relations
Jennifer Trevitt, Investor Relations
(604) 759-5017
[email protected]www.agoracom.com/IR/EYI
(C) 2005 PRIMEZONE, All rights reserved.
please check the other postings via the search functionality ;)
e.g.:
http://www.3stocksonfire.org/trading/index.php?topic=2327.new#new
Today's Chart.......
very nice volume!
News out......
Form 8-K for EYI INDUSTRIES INC.
--------------------------------------------------------------------------------
27-Sep-2005
Entry into Material Agreement, Financial Statements and Exhibits
Item 1.01 Entry into a Material Definitive Agreement
On September 23, 2005, Essentially Yours Industries (Hong Kong) Limited ("EYI HK"),a wholly owned subsidiary of EYI Industries, Inc. ("EYI") entered itno an agency agreement (the "Agency Agreement") with Guangzhou Zhongdian Enterprises (Group) Co. Ltd. ("GZE") and China Electronics Import and Export South China Corporation ("CEIEC").Pursuant to the terms of the Agency Agreement, EYI HK granted to CEIEC and its wholly owned subsidiary GZE, the exclusive right to distribute EYI's Code BlueTM water filtration systems (the "Water Filtration Systems") in China for a period of two years subject to, among other things, the following conditions:
(i) CEIEC purchasing a minimum of 4,000,000 Water Filtration Systems in each year commencing in 2006;
(ii) EYI HK issuing an exclusive agency certificate to CEIEC confirming the grant of agency rights;
(iii) EYI HK guaranteeing the safety of its products to be sold on the Chinese market and that the packaging specifications will meet the product safety standard and packaging standards as required in China;
(iv) CEIEC committing to the purchase of the amount of Water Filtration Systems outlined in the following purchase plan (the "Purchase Plan"):
Year 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Total 2006 $700,000 $2,800,000 $14,000,000 $24,500,000 $42,000,000 2007 $31,500,000 $38,500,000 $45,500,000 $52,500,000 $168,000,000
(v) If, in any year CEIEC purchases fewer than 4,000,000 Water Filtration Systems in the Purchase Plan it will cease to have the exclusive agency rights to the Water Filtration Systems but continue to be non-exclusive agents of EYI HK;
(vi) If, in any year CEIEC purchases fewer than one-half of the Water Filtration Systems in the Purchase Plan, EYI HK may at its option adjust the price of the Water Filtration Systems supplied to CEIEC under the Purchase Plan; and
(vii) CEIEC agree to obtain all required regulatory approvals in China relating to the marketing and distribution of the Water Filtration Systems.
Pursuant to the terms of the Agency Agreement, CEIEC reserves the right, upon reasonable
notice to EYI HK, to increase, or decrease the number of Water Filtration System units that it purchases under the Purchase Plan, based on its evaluation of market demand in China, and agreed to commence purchases under the Purchase Plan in October 2005, and place subsequent purchase orders on a quarterly basis. The parties agreed that CEIEC may upon reasonable notice to EYI HK, assign its interest in the Agency Agreement to its nominee company, but remains a party to the agreement notwithstanding any such assignment.
The foregoing summary is qualified in its entirety by reference to the Agency Agreement and the September 26, 2005 press release announcing EYI's entry into the Agency Agreement which are filed as Exhibit 10.1 and Exhibit 99.1, respectively, to this Current Report.
ITEM 9.01 Financial Statements and Exhibits.
(d) Exhibits
10.1 China Agency Agreement between Essentially Yours Industries (Hong Kong) Litmed, Guangzhou Zhongdian Enterprises (Group) Co. Ltd. and China Electronics Import and Export South China Corporation dated as of September 15, 2005.
99.1 News Release issued by EYI Industries, Inc. dated September 26, 2005.
Check out the interview with the CEO. They're planning to take over the entire asian market. Taiwan is next.
The chart below looks promising. Notice how the base is moving up each time. Next time, we could break .20 IMHO
http://stockcharts.com/def/servlet/SC.web?c=eyii,uu[m,a]daclyyay[db][pb50!b200!f][vc60][iut!Ub14!La12,26,9]&pref=G
http://www.agoracom.com/executive/eyi%20industries-sept27/player.html
Hi !
Homing Pigeon ;D
(//)
Good luck.
Evgeny.
Hi !
(//)
Good luck.
Evgeny.
EYI Industries Announces Opening of Hong Kong Office
Oct 4, 2005 9:09:00 AM
2005 PrimeZone Media Network
BURNABY, British Columbia, Oct. 4, 2005 (PRIMEZONE) -- EYI Industries Inc. ("EYI") (OTCBB:EYII), (http://www.StopDrinkingPoison.com), a marketer of products that promote well-being and a healthy lifestyle, is pleased to announce that its wholly owned subsidiary, Essentially Yours Industries (Hong Kong) Limited ("EYI HK"), has secured office space in Hong Kong to support the EYI HK infrastructure for sales and distribution within Hong Kong, China and the rest of Asia.
The EYI HK office consists of the entire 15th floor and is located in a new, centrally located building at No. 1 Minden Avenue, Tsim Sha Tsui, Kowloon. The office will be used to service distributors and provide a product pick up depot for Code Blue(tm), Calorad(r), Prosoteine(r) and the newest EYI product, Calorad Cream. The new office will also play a vital role in supporting the sales, distribution and logistics of the CEIEC agency agreement.
EYI HK will be employing the latest communication technology. More specifically, EYI will be installing a Voice Over Internet Protocol ("VOIP") phone system to enhance communications efficiencies that will result in significant cost savings to the company. In addition, local Hong Kong phone calls will be automatically routed to the North American office.
Essentially Yours Industries (Hong Kong) President and CEO, Dori O'Neill stated, "It is anticipated that our new offices will prove to be invaluable in our support of the initiative with CEIEC and our local distribution in Hong Kong." Mr. O'Neill added, "The new VOIP system will allow our Hong Kong distributors to have direct contact with our North American offices, and we believe that this will result in superior communications and service to our local distributors while ultimately reducing our operating costs."
This press release is available on the company's official online investor relations site for investor commentary, feedback and questions. Investors are asked to visit the EYI Industries IR Hub located at http://www.agoracom.com/IR/EYI. Alternatively, investors can e-mail AGORA Investor Relations directly at
[email protected].
About EYI (http://www.StopDrinkingPoison.com)
EYI Industries Inc., through our subsidiary Essentially Yours Industries, Inc. (EYI), markets products that promote health and well-being. Recently, EYI launched a consumer product that removes Arsenic and other contaminates to a negligible level from drinking water. The portable water filtration product's name is Code Blue(tm) and is exclusively provided to EYI. In addition, EYI sells dietary supplements and personal care products. A large portion of our sales are from CALORAD(r), a liquid protein supplement that has brought weight loss benefits to our customers. More than six million bottles of CALORAD(r) have been sold since EYI was founded in 1995. Our newest product, PROSOTEINE(r), is experiencing similar success to CALORAD(r) and bringing our customers the benefits of a natural Energy drink.
EYI markets its products through an extensive network of Independent Business Associates. Our sales force is staffed by knowledgeable, experienced men and women and supported by our comprehensive training programs.
This press release contains forward-looking statements, particularly as related to, among other things, EYI's product purchase agreements and EYI's business strategy. The words or phrases "would be," "will allow," "intends to," "may result," "are expected to," "will continue," "anticipates," "expects," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "considers" or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause EYI's actual results, performance or achievements, or developments in its industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the enforceability of its product purchase contracts in foreign countries, the performance of EYI's staff, management, financing, competition, EYI's ability to implement or manage its expansion strategy, general economic conditions and other factors that are detailed in EYI's Annual Report on Form 10-KSB and on documents EYI files from time-to-time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. EYI cautions readers not to place undue reliance on such statements. EYI does not undertake, and specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. Actual results may differ materially from the EYI's expectations and estimates.
CONTACT:
Investor Relations
Jennifer Trevitt
(604) 759-5017
[email protected]AGORA Investor Relations
[email protected]http://www.agoracom.com/IR/EYI
Hi !
;D
(//)
Good luck.
Evgeny.
Hi ! ;D
resist. 0.17
resist. 0.16
resist. 0.15
resist. 0.12
resist. 0.11
supp 0.10
supp 0.09
supp 0.08
supp 0.06
(//)
Good luck.
Evgeny.
Hi !
;D >:D
15:59:03 500000 0.10 + OTCBB
15:59:00 300 0.10 + OTCBB
15:58:24 2500 0.095 - OTCBB
15:56:27 24000 0.095 - OTCBB
15:56:24 10000 0.095 - OTCBB
15:56:24 46000 0.095 - OTCBB
15:55:12 10000 0.096 + OTCBB
15:52:51 20000 0.096 + OTCBB
15:46:27 20000 0.096 + OTCBB
15:46:27 5000 0.096 + OTCBB
15:46:27 7000 0.096 + OTCBB
15:43:51 20000 0.095 - OTCBB
(//)
Good luck.
Evgeny.
Hi !
T.A - Hammer - ;D
(//)
Good luck.
Evgeny.
Hi evengen,
Thanks for all your hard work on this baby. I appreciate you taking the time to post the charts.
I wanted to ask you for your ersonal opinion on where this stock is heading. I am well invested n it and willing to wait but I am starting to lose my confidence. Can you shed some light for me about it.
TIA
-digit
Hi Digitx !
I apologize for my English but I shall try to explain.
T.A
I see accrueing steps 0.06, 0.07, 0.09 (if it does not break 0.09).
Big volume on thorns (attempt to break 0.19).
look at three year schedule volume and thorns at 0.19, 0.4.
F.A
the latest news very positive.
only my opinion - EYII in the near future will break 0.19
(some days) are possible.
(http://)(//)
Good luck.
Evgeny.
Thank you again. Your English is fine.
How high could this stock go. As I told you, I am heavily invested in it. Should I get out at 0.19 when it breaks or does it seem to go higher. You are better with charts than me. I am very new to analysis. Please explain and your help is appreciated.
TIA
-digitx
Hi digitx !
Resistance 0.19 , 0.3 , 04, 0.5 and above.
Good luck.
Evgeny.
Hi !
EYII has not broken 0.09 !
I think that EYII is ready to go further on the north ;D
(//)
Good luck.
Evgeny.
Hi !
The market waits acknowledgement of news from 26 Sep. (CEIEC will commence purchases under the Purchase Plan commencing in October 2005, and will place subsequent purchase orders on a quarterly basis).
EYII six days goes downwards on small volume not breaking the basis 0.09 on end, I think that within the next few days EYII will go on the north even without news. (only my opinion)
(//)
Good luck.
Evgeny.
Thank you again for the information and keeping us updated. I hope this things start moving north before I move south.
Hi !
T.A - Homing Pigeon ;D
(//)
Good luck.
Evgeny.
What is a Homing Pigeon? I read about it but what does it mean in EYII case?
TIA
Hi !
T.A : Homing Pigeon - Recent CandleStick Analysis Very Bullish
resist. 0.10
resist. 0.09
supp 0.08
supp 0.06
Good luck.
Evgeny.
evgeny05 don't confuse digitx... it looks like we got DOJI today on the chart instead of a homing pigeon ;)
Quote from: Terlisa on October 12, 2005, 10:12:16 PM
evgeny05 don't confuse digitx... it looks like we got DOJI today on the chart instead of a homing pigeon ;)
Tank you Terlisa and all but now I am confused. What is DOIJ and what does it mean to this stock.
TIA
Digitx here's the link to all your candlestick questions... ;)
http://www.candlesticker.com/Neutral.asp
Thank you Terlisa for the link. Very helpful
You're welcome! we all learning here... ;)
Terlisa,
You are right. We are all learning.
Can I ask you what does this all mean in regards to EYII. Is it good news coming soon?
Thanks again
Hi Digitx ,Terlisa !
It is valid DOJI.
I was inattentive looking http://www.stockta.com/cgi-bin/analysis.pl?symb=EYII&num1=1&cobrand=&mode=stock
Regards.
Evgeny.
Hi !
Scanty change of the prices for the north, can be news from HYRF will help EYII to continue a way on the north. The market waits for news from EYII.
T.A - Very Bullish.
Only my opinion.
Good luck.
Evgeny.
from the RB board:
Nothing gets the street's attention like revenues. I think yesterday you saw that most people know the difference between an "unrealized gain" and real money.
HYRF has no contract with CEIEC. The contract is between EYI and CEIEC. So there is no penalty clause for HydroFlo. The penalty for CEIEC is the loss of exclusive agency rights in all of China to sell the Code Blue products, should they fail to meet the contracted minimums. If they fail to meet the contract terms, the exclusive agency rights go back to EYI. Part of the terms of the $210 million contract between CEIEC and EYI is the exclusive agency rights to sell in China. So it will be CEIEC doing the selling in China, not EYI. Remember, CEIEC wanted this product the day they saw it. CEIEC is a billion dollar plus Chinese company that imports and sells products throughout China. If anyone knows the Chinese market, it is a company like this. It is CEIEC that wants this product! And keep in mind, CEIEC is run by the Chinese government which is currently faced with an enormous arsenic and nitrates/nitrites drinking water problem.
Eyi is still not out of the gate on this contract. As soon as they begin to report product deliveries and income, then I suspect EYI price will react. EYI does not seem to go overboard in reporting things. The CEIEC contract was reported, and left at that. The Hong Kong office was reported, and left at that. EYI reports things once and when they happen. HYRF has worked over this CEIEC/ EYI contract and I think that frankly, for them, the EYI/CEIEC dog won't hunt any more. That has long been worked into the share price. HYRF will continue it's march as other positive developments are reported.
But the bottom line for HYRF and EYII where Code Blue production and sales are concerned is that CEIEC saw it, wanted exclusive agency rights in China, and signed a 2 year $210,000,000 contract. CEIEC is a Chinese billion + dollar company that makes it's living knowing the Chinese markets.
Hi !
I am assured for EYII for the several reasons.
TA - big volume on thorns and small on downturn of the action (the next level of support 0.082), ADX positive, Full STO shows that EYII is resold.
FA - up to the end of October EYII should ship the first party of the goods to China (news from 27 sep.)
the market waits acknowledgement of news from EYII about concrete actions (sales) when the market will receive acknowledgement on sales that reaction will be much stronger previous and I недумаю that EYII once again will return on these levels
Good luck.
Evgeny.
Dear EYI shareholder,
In our continuing pro-active efforts to keep investors apprised of the most relevant and timely information on EYI Industries and its target markets, AGORA is pleased to present you with this latest Industry Report which demonstrates the need for a product such as the Code Blue™ water filtration system throughout many parts of China.
Code Blue is an international provider of water treatment solutions, treating water for industrial, municipal, and residential customers. Code Blue builds and markets filtration and treatment systems to remove harmful contaminants like arsenic, elements, and compounds from potable water.
This is momentous as EYI has recently entered into an agreement for the sale of an undisclosed number of Patented Code Blue(TM) Water Filtration Systems over a 2-year period in China. China's large rural population and poor infrastructure in those outlying regions have created a huge demand for the Code Blue(TM) system which will facilitate the removal of harmful toxins from water, making it safe for human consumption.
Regards,
AGORA Investor Relations
To read the entire article, please use the following link:
http://english.people.com.cn/200510/06/eng20051006_212801.html
Major problems related to China's water resources are expected to be solved step by step in the next five years to improve the nation's water supply, flood-control, food security and ecosystem rehabilitation.
Water authorities have set a target for this sector during the period of the 11th Five-Year Plan (2006-10), Wang Shucheng, minister of water resources said recently.
He was optimistic about the further developments within the water resource sector.
The country faces five water-related challenges today worsening floods, droughts, water shortages, soil erosion, pollution and insufficient rural water infrastructure, he pointed out.
However, ''further developments within the sector can back up the nation's efforts to build a well-off society by tackling water issues,'' he said this week in a speech for an ongoing international congress on irrigation and drainage.
Hi !
On small volume EYII has lowered up to 0.075 (a level of support), I do not see the reasons to sell will not leave yet news, small volume on falling confirm my confidence. (only my opinion)
Good luck.
Evgeny.
Hi !
Looks like some buying interest today ;D >:D
Good luck.
Evgeny.
Hi !
Form PRE 14A
http://www.pinksheets.com/quote/print_filings.jsp?url=%2FResults.asp%3Fcriteria%3Dticker%255Fsymbol%26ticker%3DEYII%26res10%3D%26SortBy%3Dreceivedate%26AD%3DD%26startrec%3D1&symbol=EYII
Good luck.
Evgeny.
Hi Evgeny05!
is this good or bad?
thanks
julia
Hi gmars66 !
I read Form PRE 14A EYI INDUSTRIES INC. For:Oct 20 (10K) but has not found what for EYII wish to increase number of actions probably other news will answer.
TA - excellent.
Good luck.
Evgeny.
Thanks for your reply evgeny05 :)
julia
Quote from: evgeny05 on October 20, 2005, 04:58:08 PM
Hi !
Form PRE 14A
http://www.pinksheets.com/quote/print_filings.jsp?url=%2FResults.asp%3Fcriteria%3Dticker%255Fsymbol%26ticker%3DEYII%26res10%3D%26SortBy%3Dreceivedate%26AD%3DD%26startrec%3D1&symbol=EYII
Good luck.
Evgeny.
today's action, negative response to yesterdays's form pre 14a?
Many have sent me messages asking my opinion on EYII and the a/s count going to 1 billion.
I am not a basher and truly wanted EYII to prove the past wrong.
The insiders have more than 51 % ownership, so the Billion Shares does not require any shareholder opinion.
I was excited about the fundamentals and was willing to stick it out with caution. The news confirmed the reasons this company will have trouble being good for shareholders.
The news yesterday does not bode well for the future. EYI does not have cash unless they strike the financing deals. And what will prevent dumping all of the new shares and voting for another billion ? Very difficult to reverse dilution.
Hopefully, you will all be rewarded. This is only one opinion. But history repeats in the market, so my thoughts are from much analysis with Cornell and MLM companies.
I liquidated all of my EYII shares for the following reasons:
- Cornell Capital is known for toxic financing
- Cornell makes money in various ways, they are a hedge fund and get the shares at a discount, thus any price they sell at is cash for them. And Cornell also is paid 12% dividends for many of the deals. Cornell can usually only have a certain % of a company at any given time. So Cornell sells shares and then can get more. Investors (including myself, cringe at the name). They can make money is so many ways at the public expense. They are in to make money and do not wait around for stock appreciation. And as long as EYII balance sheet posts such losses, they will need the financing. Especially with the new China expenses.
- Go back and look at the charts of Cornell financed companies (dilution and reverse splits)
- The Price does not have to appreciate for these people to cash in
- EYII is a Nevada company
- EYII is based out of Canada (no success in the past with this arrangement)
- All of my attempts to call the CEO, etc. were referred to Agora (PR firm)
- Many lawsuits come from weight loss pills and I have never heard of the products before this thread
- The China deal is worth alot (if it works), but the terms are very loose; if the test does not go well, nobody will want it and CEICC only loses the exclusive rights.
- The fears were confirmed that the pps did not rise because insiders and those paid for debt have been dumping shares on any increase. This would be okay if it had an end in site. But now the a/s are more than going to triple.
- A company usually does not authorize shares without the intent to use them
- Whomever gets their hands on the shares can at any time dilute the company
- The market cap is immediately adjusted
- If a 220 million dollar deal is not enough to move it up, people see the writing on the wall
- I gave them a chance with 300 million authorized and will not make the same mistake with 1 Billion.
- EYII was potentially bankrupt prior to the China deal. But the deal has loose guarantees.
- EYII is far from getting enough cash from the deal to eliminate financing (thus more future dillution)
- The deal has money that will trickle in over many years.
- And only a small amount goes to EYII.
The market knows Cornell, does not trust MLM companies and runs from dilution. Period.
Do what you want as this is only one opinion. But my experience with Cornell is playing out as expected. Good luck.
Hi fill_the_gap !
Thanks for your analysis, but I cannot trust your experience because watched your analysis of actions FCCN or IFLB to my regret it not the best analyses ! >:(
Regards.
Evgeny.
Hi evengen,
What is your take about what is happening with this stock. What do you think stockholders should do after hearing the news. Should we hold for now or sell.
Please share your advice with us.
Best regards,
Hi digitx !
It is heavy to do the analysis of actions during the tenders, I shall try it to make after closing the tenders.
I am this EYII.
Regards.
Evgeny.
Understood,
The FCCN analysis was correct about the news. We all need to sell some on a double.
But the news was a total shocker. And the analysis of EYII has not lived up to expectations either. So I investigated why.
I personally have been burned by Cornell.
Check into this part of Cornell financing.
- Companies are in dire need of cash and they come to Cornell
- Cornell begins the bleeding out process in the issue of cash to the company
- Cornell uses SEDA (Standby Equity Distribution Agreement)
The deals have NO FLOOR on conversions. Cornell sells to market and makes money regardless. This is their business. They are not in the business for company appreciation.
And Cornell can short against the position !
Cornell is now under much SEC scrutiny. Shareholders lose.
This is just some research after getting burned. Never again with Cornell.
BTW. If you sold today and regret it, buy back. It is around the same price. Just presenting what was found to the group. Nobody that sold got a price much higher than it is now anyway on a sale. Just do not want to be the cause of any sale. Do what you think is best for you.
Hi fill_the_gap !
But I do not understand thanks for the information what for you write about Cornell second time one and too?
Regards.
Evgeny.
Not sure what you are asking ? ???
Hi fill_the_gap !
Excuse for my English .
Why you write about Cornell some times?
Regards.
Evgeny.
To all,
The board is for opinion. Please do not make decisions based on a post.
EYII may shoot way up, who knows. But we all have been scratching our heads as to why it has not. Now we know more. But the public did not know this before and it did not sustain any rallies.
Either way, the facts about Cornell were presented. And EYII did not move when HYRF shot up 1000 %. Tells us something. Now someone will have 3 times more to sell on any bullish move. Did you not see how fast it would come back down on the recent rallies? Not good. This is not like AMEP. Shares are not running out. They are being added.
I believe the shipment will take place. But this is not much immediate money for EYII. And they spend alot of money. So do your homework.
Just presenting another angle to answer some of the reasons EYII has not followed HYRF.
But never buy based on a post. Evaluate all of the facts and angles then trade the plan.
Hi ! ;D
Only my opinion!
excellent game! EYII at all did not try to punch 0.06 small volume 4.123.841 closing 0.073 and Full STO
goes on the north.
if today (after the latest news-Form PRE 14A EYI INDUSTRIES INC. For:Oct 20 (10K))
it was broken by 0.06 I do not think that it to happen in the future and closing in 0.073 only strengthens my belief.
Cornell - I have not found what attitudes between Cornell and EYII except for it :
Dear EYI Investors,
Thank you for your recent inquiries and comments about Cornell Capital.
We have had the opportunity to discuss this issue at length with EYI management and are pleased to be able to address it here on the EYI Investor Relations Hub.
Thus far, EYI has been very satisfied with the Cornell Capital relationship. It was the Cornell Capital financing that has allowed EYI to pursue a number of different opportunities and initiatives. More specifically, the Cornell Financing was integral to setting up EYI's Hong Kong operation and also critical to the major agency agreement recently signed with CEIEC.
EYI Industries has an active registration for a draw down line of equity from Cornell Capital which allows EYI to draw down funds as needed. Management only draws down on the line of equity when it is considered necessary and primarily use it for expansion purposes.
In summation, the Cornell Capital financing is considered to be a very positive arrangement that has been critical to EYI's recent achievements.
We have removed a number of posts commenting on the Cornell Capital financing arrangement with EYI as most of them contained erroneous information.
Regards,
AGORA Investor Relations
Today we saw as EYII reacted to bad news, let's look now as it reacts to good news.
Unfortunately I do not know that thinks about EYII David Randolph but I see that it has not sold - David thanks.
Regards.
Evgeny.
1.6 Year
Regards.
Evgeny.
Possible ...Triple Top (Reversal)
The triple top is a reversal pattern made up of three equal highs followed by a break below support. In contrast to the triple bottom, triple tops usually form over a shorter time frame and typically range from 3 to 6 months. Generally speaking, bottoms take longer to form than tops.
Throughout the development of the triple top, it can start to resemble a number of patterns. Before the third high forms, the pattern may look like a double top. Three equal highs can also be found in an ascending triangle or rectangle. Of these patterns mentioned, only the ascending triangle has bullish overtones; the others are neutral until a break occurs. In this same vein, the triple top should also be treated as a neutral pattern until a breakout occurs. The inability to break above resistance is bearish, but the bears have not won the battle until support is broken. Volume on the last decline off resistance can sometimes yield a clue. If there is a sharp increase in volume and momentum, then the chances of a support break increase
When looking for patterns, it is important to keep in mind that technical analysis is more art and less science. Pattern interpretations should be fairly specific, but not overly exacting as to obstruct the spirit of the pattern. A pattern may not fit the description to the letter, but that should not detract from its robustness. For example: it can be difficult to find a triple top with three highs that are exactly equal. However, if the highs are within reasonable proximity and other aspects of the technical analysis picture jibe, it would embody the spirit of a triple top. The spirit is three attempts at resistance, followed by a breakdown below support, with volume confirmation.
Support @ 0.06...0.05...0.04...0.03
Resistance @ 0.08...0.09...0.10...0.11
MACD is bullish
Stochastic is bullish
Recent CandleStick Analysis
Bearish
Oct-21-2005 Bearish Engulfing , but as always we do need conformation.
Technicals
Record Price Low
Most Actives
Percentage Loser
Last Price Quote is:
-16.64%below 13-day EMA
close below the 50-day EMA
evgeny,
where did u get that e-mail from agora IR...them mentioneing about what they thought of cornells relationship...the one u posted earlier...??
thanks,
Quote from: vic666 on October 21, 2005, 08:36:45 PM
evgeny,
where did u get that e-mail from agora IR...them mentioneing about what they thought of cornells relationship...the one u posted earlier...??
thanks,
Hi Vic666
I found the email Evgeny was referring to.
http://www.agoracom.com/nonmemforum/msgreview.asp?id=424887&refid=0&orig=424887
Hope this what you were looking for.
Regards,
thanks man...wish i could add more at thse levels...very littl downside...looks like the worst possible news hs bee dissminated with yesterdays proposed filing news...even though I dont personally see it as negative, unless a bad rason is attached to the prposed incrase in A/S, the sellers have sold and left the ship, frustrated.
all we should be looking forward to now is the news about some initial shipment of code blue to CEIEC, before month's end.
EYI Delivers Initial Samples of Code Blue to CEIEC
Oct 24, 2005 8:57:00 AM
2005 PrimeZone Media Network
BURNABY, British Columbia, Oct. 24, 2005 (PRIMEZONE) -- EYI Industries Inc. ("EYI") (OTCBB: EYII), (http://www.StopDrinkingPoison.com), a marketer of products that promote well-being and a healthy lifestyle, is pleased to announce that Essentially Yours Industries (Hong Kong) ("EYI HK") President and CEO, Dori O'Neill, arrived in Hong Kong to meet with top executives, Mr. Yu, Executive Vice President, and Mr. Zhang Jiang, President and CEO of Guangzhou CEIEC Enterprise (Group) Co. Ltd. ("CEIEC").
On Wednesday October 19, 2005, Mr. Dori O'Neill personally delivered six units of the Code Blue(tm) water filtration system to CEIEC for review and testing. Due to circumstances beyond EYI's control such as national holidays and customs delays, the delivery of the units was held up. EYI is expecting its initial order in 6-8 weeks.
The result of this production delay means that the CEIEC can only now begin to execute the registration process for the Code Blue(tm) water filtration system. This will also mean that CEIEC will not place their first order in October as they must wait until the initial registration and testing process has been completed.
Essentially Yours Industries (Hong Kong) President and CEO, Dori O'Neill stated, "I had the pleasure of meeting with Mr. Yu and Mr. Zhang Jiang of CEIEC. We came to an agreement on how we need to proceed with the registration process and will work together towards having that process completed as soon as possible." Mr. O'Neill added, "It was absolutely refreshing to see how committed CEIEC is about the Code Blue project, and we look forward to building a secure and prosperous relationship with CEIEC."
To view a picture of the meeting held between CEIEC and EYI, please follow the link provided: http://www.agoracom.com/images/ceiec.jpg
This press release is available on the company's official online investor relations site for investor commentary, feedback and questions. Investors are asked to visit the EYI Industries IR hub located at http://www.agoracom.com/IR/EYI Alternatively, investors can e-mail AGORA Investor Relations directly at
[email protected] About CEIEC (http://www.ceiec-sc.com)
What prevents millions more shares from hitting the market with the delay? They flat out lied to me on the phone about No more shares hitting the market over the last quarter. And 58 million are now issued in front of our eyes with hopes of One Billion total soon authorized.
Sure, EYII has a value. But the idea of a multi bagger is sure tainted with the dilution. The delay certainly does not assist investor confidence as it was already on the rocks.
The delay will now push up losses to next quarter and disrupt the numbers moving forward.
Long term it may work. But the lack of shares on the ceiling will not be the reason. Companies that do not tell the truth are not for me. I will not be commenting here very often as my losses are realized and they cannot be trusted. The most recent Agreement is already using ' Holidays ' as an excuse. They did not have Chinese holidays before the Agreement ? ???
fill_the_gap,
Can you please tell me where can I find out more about the 58 million shares issued? I haven't seen that mentioned anywhere else and am thinking I've missed something. ??? Thanks.
From the Agora Investor Relations website. The post is detailed below but you can link to it here: http://www.agoracom.com/nonmemforum/msgreview.asp?id=428463&refid=0&orig=428463
Dear EYI Shareholders,
AGORA Investor Relations is pleased to present you with the following message from EYI Industries President and CEO, Mr. Jay Sargeant
We as a Company value our shareholders and as such would like to respond to the many questions we have had with respect to our Schedule 14A enclosing the Proxy Statement materials. The Company is holding its Annual General Meeting on December 2, 2005. At this meeting we are seeking shareholder approval on a proposed increase to the number of our authorized common stock. We are seeking to expand the base of shares to have the freedom to take advantage of narrow time windows with upside potential. It is not our intention to dilute the Company. As stated in our Schedule 14A, we presently do not have any agreement or other arrangement for any financing involving the issuance of shares of our common stock and there is no assurance we will enter into any equity financing arrangement. With the execution of our plans and expansion unfolds, we will use as little of these expanded shares to finance growth as possible.
Regards,
AGORA Investor Relations
Some are saying that EYII dumped the 58 million shares while knowing the PR's from HYRF and EYII were incorrect. This could come back to bite them. Millions of dollars were generated knowing the public was being deceived. They even lied to me saying NO shares were sold and the share count remained the same.
Jennifer Trevitt in EYI IR claims a shipment will go out this week.
We will see.
If the China deal remains intact, it may be the time to take another look at HYRF & EYII.
Adding some of both here knowing the risk involved.
Hi Jeff,
We received a shipment today for our US and Canadian customers. Product has already been shipped to China.
Thanks
Jennifer
--------------------------------------------------------------------------------------------------------------------------
Jennifer,
Are you referring to product outside of the 6 units that were delivered ? Or a new shipment to China ?
Will any press be released on the domestic shipment ?
How many came ?
Domestic is good, but we need China news to move forward.
Jennifer Trevitt
Paralegal/Investor Relations Administrator
Essentially Yours Industries, Inc.*
7865 Edmonds Street
Burnaby, BC V3N 1B9
(Phone) 604-759-5031
(Fax) 604-759-5044
* a subsidiary of EYI Industries Inc., a publicly traded company under the symbol EYII.OB
---------------------------------------------------------------------------------------------------------------------------
Jeff, watch for news this week with an update on CEIEC. The units that were sent previously to China were samples.
Thanks
Jennifer
Jennifer Trevitt
Paralegal/Investor Relations Administrator
Essentially Yours Industries, Inc.*
7865 Edmonds Street
Burnaby, BC V3N 1B9
(Phone) 604-759-5031
(Fax) 604-759-5044
* a subsidiary of EYI Industries Inc., a publicly traded company under the symbol EYII.OB
EYI Hong Kong Management Meet with CEIEC Top Executives
Burnaby, British Columbia CANADA, November 17, 2005 - EYI Industries Inc. (EYII - OTCBB), (''EYI'') (http://www.StopDrinkingPoison.com ), a marketer of products that promote well-being and a healthy lifestyle, is pleased to announce that Essentially Yours Industries (Hong Kong) (''EYI HK''), President and CEO, Dori O'Neill, and a senior EYI Consultant met with top executives of Guangzhou CEIEC Enterprise (Group) Co. Ltd. (''CEIEC'').
On Saturday November 12, 2005, Mr. Dori O'Neill and a senior EYI Consultant, met with 5 CEIEC senior executives including Mr. Zhang Jiang, President and CEO, Mr. Yu, Executive Vice President and Mr. He Bing Gui, Vice General Manager. The purpose of their meeting was to further discuss the marketing strategy for the Code Blue(tm) portable water filtration system in order to ensure successful penetration into the Asian market. CEIEC is currently proceeding with the Code Blue dual trade mark registration and ensuring that all products meet the requirements for sales in China.
Over the next 5-6 weeks, a senior EYI Consultant will be traveling throughout Southern China to assist in educating the staff and regional managers of CEIEC on the features and benefits of Code Blue(tm).
EYI has also hired C&E Translation & Advertising Inc. to translate www.codebluewater.com into Mandarin and Cantonese. EYI is currently preparing to launch the translated Code Blue(tm) website which will then be linked to CEIEC's website.
Essentially Yours Industries (Hong Kong) President and CEO, Dori O'Neill stated, ''We are truly honored that CEIEC has given us permission to link directly to the CEIEC website. We are the first vendor to have been afforded such an honor. We are very pleased with the progress that we have made to date with CEIEC and are looking forward to a successful partnership.''
the 10Q is out...
http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?FilingID=4032292&Type=HTML
I pretty much read that 10Q - I can read real good - got a passing mark in readen.
That was about as good as the hazmat data safety sheet on a can of microbobe killer.
Did not skear me a bit - I will be holding - maybe buying -
Heck - I mix up microbobe killer - with my bare hands - Did not skear me A-tall.
Wait till them Chinamen find out they can make money selling code blue - and get clean water at the same time - Heck it is gonna be Kung-Pow - Meeow!
(Maybe the two EYII threads can be put together???)
1) FUNDAMENTALLY
The major chinese contract with CEIEC is not a letter of intent anymore, it was signed. The initial samples were delivered. and ....
"EYI is expecting its initial order in 6-8 weeks."
and this is now approximately.
2) TECHNICALLY
Technically we see a decline (today its up a little) to the strong support line @ .025 - and ...
a (second) double bottom. To see more about double bottoms i recommend the topic by sebfr : http://www.3stocksonfire.org/trading/index.php?topic=3701.0
(in fact i want to recommend all his topics
The first time it made the double bottom, it went straight to 1.00 (x4), and now? L'histoire se repète, non?
3) David will hold to 0.36
Here is some more EYI reading
http://www.eyibusiness.com/ee/EE16-12-05.pdf
where you can see that the Hong Kong office will open on February 18 2006.
Yours,
Essentially
2005-12-21 08:00:59
EYI Ships Code Blue Units BURNABY, British Columbia, Dec. 21, 2005 (PRIMEZONE) -- EYI Industries Inc.
("EYI") (OTCBB:EYII), (http://www.StopDrinkingPoison.com), a marketer of
products that promote well-being and a healthy lifestyle, is pleased to announce
that it has commenced shipment of 6,000 Code Blue water filtration units,
consisting of pitchers and filters to its distributors and customers in the
United States. An additional 1,000 Code Blue water filtration units will be
shipped to Canada for our Canadian distributors and customers.
The EYI sales team has secured orders for approximately $490,000.00 worth of
Code Blue systems at manufacturer's retail value. The units were merchandised
and branded, including both a custom designed Code Blue pitcher, patented
arsenic removal filter and a counter to monitor the correct use and replacement
of the filter, training inserts and Convenience Auto-Ship forms.
CEO and President, Mr. Jay Sargeant stated, "This is a truly exciting moment.
The pre-market testing of both the product's marketability and customer
satisfaction has been incredible. Our distribution channel and customer base
loved the test Code Blue units and we anticipate they will be very pleased with
the finished units." Mr. Sargeant continued to say, "Many who used the test
units found them simple, convenient and cost effective. Our sales team is ready
to expand the market in the months ahead. We continue to see the repeat filter
sales as the jewel in the crown of this Code Blue marketing campaign."
This press release is available on the company's official online investor
relations site for investor commentary, feedback and questions. Investors are
asked to visit the EYI Industries IR Hub located at
http://www.agoracom.com/IR/EYI . Alternatively, investors can e-mail AGORA
Investor Relations directly at
[email protected].
this penny stock has a weekly newsletter (show me another penny that is doing this)
www.eyibusiness.com/ee/EE16-12-05.pdf
www.eyibusiness.com/ee/EE23-12-05.pdf
Watch the commercial video of code blue and the radio spots. Sounds and looks professional.
www.stopdrinkingpoison.com
Watch this pictures of code blue and whats written on the package for example "made in china" and so on :
It s a slow homepage so wait a bit until the code blue pictures are loaded. First you see houses wait a bit to see the posted pictures of code blue
www.mountain-properties.net/
Good chances to get the CEIEC contract eom. Product registrations and modifications take place at the moment in china. (Agreement was signed in late september)
Merry Christmas
I just read about EYII in both this thread, and the one David started back in August.
The Code Blue product seems like a great product. The Chinese market should be a great place to sell that type of product.
The one thing that bothers me is the price. On page 9 of the company's last newsletter (http://www.eyibusiness.com/ee/EE23-12-05.pdf) there is an order form:
90 unit for $5030.80 with a suggested retail price of $6,425.86. That's $71.40 a unit.
I do have a 3/4 gallon Brita picher in my house that I paid (if I remember right) around $30.00 for. Even with everything this filtration system does, I would not be willing to spend that much money on it.
anybody else agrees? Did I miss something here??
Hello:
I did see those numbers like that.
Not much mark up - from package price to suggested retail.
What ? about 30% mark up?
I asked Mr Woo (the only chinaman I know) if he wanted arsenic of lead in his water and he said - - - No " No Rike" .. So I don't think the Britta is not gonna work for Woo. The Britta is about like trying to strain arsenic through your teeth. Might work for June Bugs but not arsenic. Some people just like arsenic more than others.
Thing is - I don't think all the numbers will be the same in China and other places - ?
I am in on this one - - - risk : reward - EYII looks good to me.
EYI Announces Replacement of Initial Shipment of Code Blue Filters
Wednesday December 28, 8:00 am ET
BURNABY, British Columbia, Dec. 28, 2005 (PRIMEZONE) -- EYI Industries Inc. (``EYI'') (OTC BB:EYII.OB - News), (http://www.StopDrinkingPoison.com), a marketer of products that promote well-being and a healthy lifestyle, announces that the initial shipment of 3,078 Code Blue filters delivered by Metals & Arsenic Removal Technology, Inc. in September 2005 do not meet EYI product specifications. EYI intends to replace all of these initial Code Blue filters commencing in January 2006.
This press release is available on the company's official online investor relations site for investor commentary, feedback and questions. Investors are asked to visit the EYI Industries IR Hub located at http://www.agoracom.com/IR/EYI . Alternatively, investors can e-mail AGORA Investor Relations directly at
[email protected].
About EYI (http://www.StopDrinkingPoison.com)
ADVERTISEMENT
EYI Industries Inc., through our subsidiary Essentially Yours Industries, Inc. (EYI), markets products that promote health and well-being. Recently, EYI launched a consumer product that removes Arsenic and other contaminates to a negligible level from drinking water. The portable water filtration product's name is Code Blue(tm) and is exclusively provided to EYI. In addition, EYI sells dietary supplements and personal care products. A large portion of our sales are from CALORAD(r), a liquid protein supplement that has brought weight loss benefits to our customers. More than six million bottles of CALORAD(r) have been sold since EYI was founded in 1995. Our newest product, PROSOTEINE(r), is experiencing similar success to CALORAD(r) and bringing our customers the benefits of a natural Energy drink.
EYI markets its products through an extensive network of Independent Business Associates. Our sales force is staffed by knowledgeable, experienced men and women and supported by our comprehensive training programs.
The EYI Industries Inc. logo is available at: http://www.primezone.com/newsroom/prs/?pkgid=2202
This press release contains forward-looking statements, particularly as related to, among other things, EYI's product purchase agreements and EYI's business strategy. The words or phrases ``would be,'' ``will allow,'' ``intends to,'' ``may result,'' ``are expected to,'' ``will continue,'' ``anticipates,'' ``expects,'' ``estimate,'' ``project,'' ``indicate,'' ``could,'' ``potentially,'' ``should,'' ``believe,'' ``considers'' or similar expressions are intended to identify ``forward-looking statements.'' Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause EYI's actual results, performance or achievements, or developments in its industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the enforceability of its product purchase contracts in foreign countries, the performance of EYI's staff, management, financing, competition, EYI's ability to implement or manage its expansion strategy, general economic conditions and other factors that are detailed in EYI's Annual Report on Form 10-KSB and on documents EYI files from time-to-time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. EYI cautions readers not to place undue reliance on such statements. EYI does not undertake, and specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. Actual results may differ materially from the EYI's expectations and estimates.
Contact:
EYI Industries Inc.
Investor Relations
Jennifer Trevitt
(604) 759-5017
[email protected] AGORA Investor Relations
[email protected] http://www.agoracom.com/IR/EYI
--------------------------------------------------------------------------------
the shipment didnt move the stock up,
i hope the replacement will not take it down either...
stock is at its support level
any thoughts - and strong hands?
Someone has experience with level2 ?
Now we see some sell orders at 0.026 in....but these mm s at 0.020...what does it mean. Support is at 0.023
Thank you for your inquiry. The first batch of filters delivered in August and early September did not fully meet EYI's product specifications in that they didn't properly remove enough of all of the contaminants MARTI said they would remove. Unfortunately, we can not comment any further.
Regards,
AGORA Investor Relations
Anyone has anything new about EYII?
I didn't keep track of this stock since I last posted. All I see is that it lost about 0.01 since then... Anyone is still following?
hi,
it's waiting for the Code Blue registration in the Chinese 'peoples' Republic. Eyi has to do this i think. Then it can start generating huge revenues from their CEIEC deal! China needs pure water (cfr. past accidents).
Their HongKong offices will open in February (18th i think).
Technically it looks great i think, strong support @ 0.023 - and a possible double bottom effect. This could be the bottom! Apparently, some good news about this CEIEC deal would do the pps good.
So, holding strong over here!
Thanks joozt!
I will keep watching EYII and see if anything ineteresting happens ;)
I saw a lot of accumaltion going on between 0.022 - 0.024 up and down the whole day. Buyers are around. Strong close..Hyrf in the plus also Eyii...looks better than the past couple of weeks i think.
I lost more money with EYII than any other stock in 2005.
Bought some today at .0221 to hold.
If they could just ship something to China !
-Jeff-
up we go great timing fill the gap....i also bought more yesterday after level2 looked good and volume increasead....buy the rumor sell the news
apparently no news - just double bottom?
or some other technicals -
what are your targets;
maybe david will be able to sell at .36 after all :o
nice day!
maybe they could pull the three EYII boards together?
bought 0.024 sold half today at 0.031...keep rest to sell in to the news......if no news back to 0.025 then reload other half. Thats my plan. At least i took some 30% gain. This one is really volatile always take profit ::) :)
(In September i didnt take 2x 100% Gain....i am learning to take profits faster since then. Otcbb stock buy rumor sell into news)
NEWS
EYI President Meets With CEIEC
Wednesday January 11, 8:00 am ET
BURNABY, British Columbia, Jan. 11, 2006 (PRIMEZONE) -- EYI Industries Inc. (``EYI'') (OTC BB:EYII.OB - News), (http://www.StopDrinkingPoison.com), a marketer of products that promote well-being and a healthy lifestyle, is pleased to announce that on December 15 and 16, 2005, EYI President and CEO Jay Sargeant met in Hong Kong with The China National Electronics Import & Export Corporation (CEIEC) Executive Vice President, Mr. Yu. The two day session yielded the following results:
The EYI training in the South China region was a success and from the training and the previous meetings, the marketing group was able to generate a new name for Code Blue in China. The name conveys the importance of the product, fits with the Code Blue logo and we believe will have a powerful impact in the market.
Mr. Sargeant and Mr. Yu discussed the comprehensive marketing plan for Code Blue in China. The plan combines direct sales, an innovative business to business model and government support.
Mr. Yu comments on his intention to market the Code Blue pitcher/filter system in China. ``From my heart, I wish for the blessing for both parties' joint effort, so that the mutual ideal of bringing Code Blue water filtration product and health to the Chinese people will be reached.''
Due to delays by MARTI not providing adequate Code Blue pitcher/filter samples, the product was unable to meet the deadline for the December product review. Code Blue pitcher/filters are now slated to be included in the March 2006 quarterly Chinese government product review.
EYI CEO, Jay Sargeant comments on the meeting. ``We have taken a huge step forward. The CEIEC plan and preparation is brilliant. We have moved one of our Senior Managers to the region to support any and all aspects of the marketing campaign. I am prepared to travel to China to support Mr. Yu and CEIEC as often as it takes to get the job done''.
Got out at .03 yesterday. These people sure can make excuses. The ' Chinese Holiday ' excuse was the worst. And they said 6-8 weeks to engage the Agreement. May I suggest not trusting management. May buy again for a trade only in lower 2's. 30% pops come before news each time. -Jeff-
Me too I sold everything i owned yesterday half and today half at 0.029 glad i got out...:)
That the Ceo met with Mr. Yu we could already read in the dezember newsletter......watch for falling pps eom.
new 52 week LOW :o :o :o
On the move
already back to three cents!
+35%
still holding overhere :)
up 70 %%%%%%%%%%%% ;D
;D
105% and I took some good profits today.
Happy trading.
it looks like this now:
;D Next week with the news from CHINA and the weekly MAC about to go green, we will see EYII at plus a dime.
Some shakes prior to .15, but by next Friday we will be near .15
I loaded at .021 AVG the past 5 weeks. Once it didn't break the .0175 I knew that was the bottom, too much good in the near future to go lower than that.
Once it hits .15 don't be surprised if it break the 52 week high if it does, this will take off HUGE. Load now and flip if you can.
Profit taking great, but long run is about to start look at weekly chart, we have at least 5 good weeks coming
(//)
can this be a good buy again here at 0.0378 +11% on they day? Rumors might try to finish association with Cornell and some news upcoming? what do eyii experts think?
Hi
If support 0.032 today will not be broken probably to see movement on the north (only my opinion) ???
anyone else as stupid as me still holding this?
almost lunch time and only 800 shares traded. is that right?thats less than $30. the commission costs more.
maybe everyones holding their breaths for a big announcement, i sure as hell hope so.
I am still holding this POS - down 56% for me >:(
But at least has some support here at .034-.035. Hope the Chinese like these pitchers and the PO goes trough, or I will have to drink a pretty big glass of cold water to swallow the loss.
Good luck.
yeah, im down over 50% too, i was thinking of using the code blues to filter the water i will be drowning myself in.
NEWS:
http://biz.yahoo.com/e/060501/eyii.ob8-k.html
Form 8-K for EYI INDUSTRIES INC.
--------------------------------------------------------------------------------
1-May-2006
Entry into a Material Definitive Agreement, Financial Statements and Exhibits
Item 1.01. Entry into Material Definitive Agreements.
Convertible Debentures
On April 24, 2006 EYI Industries, Inc. (the "Company") entered into that certain Securities Purchase Agreement (the "Securities Purchase Agreement") with the Buyers set forth on Schedule I attached thereto (collectively the "Buyers" and together with the Company, the "Parties"). Pursuant to the Securities Purchase Agreement, the Company shall sell to the Buyers, and the Buyers shall purchase from the Company, convertible debentures (collectively, the "Debentures") in the aggregate principal amount of Four Million Five Hundred Thousand Dollars ($4,500,000), plus accrued interest, which are convertible into shares of the Company's common stock, par value $0.001 per share (the "Common Stock"), at the Buyers discretion. Of this aggregate amount, (a) One Million Five Hundred Thousand Dollars ($1,500,000) is to be paid five days after April 24, 2006, (b) One Million Five Hundred Thousand Dollars ($1,500,000) shall be funded two (2) business days prior to the date a registration statement ("Registration Statement") is filed with the U.S. Securities and Exchange Commission ("SEC") and (c) One Million Five Hundred Thousand Dollars ($1,500,000) shall be funded two (2) business days prior to the date that such Registration Statement is declared effective by the SEC.
The Debentures mature on April 24, 2009, accrue interest at an annual rate of ten percent (10%) and shall be convertible into shares of the Company's common stock at the option of the holder, in whole or in part at any time and from time to time, at a conversion price equal to (a) $0.06 or (b) eighty percent (80%) of the lowest Volume Weighted Average Price of the Company's common stock during the five (5) trading days immediately preceding the date of conversion as quoted by Bloomberg, LP (each term not otherwise defined herein shall have those meanings set forth in the Debentures).
Contemporaneously with the execution and delivery of the Securities Purchase Agreement, the Company executed an registration rights agreement (the "Investor Registration Rights Agreement") pursuant to which the Company agreed to provide certain registration rights under the Securities Act of 1933, as amended, the rules and regulations promulgated thereunder and other applicable state securities laws, to the Investors set forth on Schedule I attached thereto. The Parties have also executed a Security Agreement (the "Security Agreement") pursuant to which the Company has agreed to provide to the Buyers a security interest in Pledged Collateral (as such term is defined in the Security Agreement) to secure the Company's obligations under the Debentures, the Securities Purchase Agreement, the Investor Registration Rights Agreement, the Irrevocable Transfer Agent Instructions (as such term is defined in the Securities Purchase Agreement), the Security Agreement, or any other obligations of the Company to the Buyer.
Warrants
In Connection with the Securities Purchase Agreement and Debentures set forth in Item 1.01 herein above, on April 24, 2006 the Company issued to Cornell Capital Partners, LP ("Cornell") seventeen (17) warrants to purchase up to an aggregate 124,062,678 shares of the Company's common stock at the discretion of Cornell (collectively, the "Warrants") each for good and valuable consideration. Cornell is entitled to purchase from the Company: (1) 10,416,650 shares of the Company's common stock at $0.02 per share, (b) 10,416,650 shares of the Company's common stock at $0.03 per share, (2) 13,888,866 shares of the Company's common stock at $0.04 per share, (3) 10,416,650 shares of the Company's common stock at $0.05 per share, (4) 8,333,320 shares of the Company's common stock at $0.06 per share, (5) 6,944,433 shares of the Company's common stock at $0.07 per share, (6) 5,952,371 shares of the Company's common stock at $0.08 per share, (7) 11,250,000 shares of the Company's common stock at $0.09 per share, (8) 10,000,000 shares of the Company's common stock at $0.10 per share, (9) 19,000,000 shares of the Company's common stock at $0.11 per share,
(10) 8,181,818 shares of the Company's common stock at $0.12 per share, (11) 7,500,000 shares of the Company's common stock at $0.15 per share, (12) 3,333,333 shares of the Company's common stock at $0.20 per share, (13) 2,500,000 shares of the Company's common stock at $0.25 per share, (14) 2,000,000 shares of the Company's common stock at $0.30 per share, (15) 1,666,666 shares of the Company's common stock at $0.35 per share, (16) 1,428,571 shares of the Company's common stock at $0.40 per share and (17) 1,250,000 shares of the Company's common stock at $0.40 per share upon surrender of the Warrants (or as subsequently adjusted pursuant to the terms of each Warrant) . Each Warrant has "piggy back" registration rights and shall expire five (5) years from the date of issuance, on or about April 24, 2011.
Item 9.01. Financial Statements and Exhibits.
(c) Exhibit No. Description:
Exhibit Description Location
------- ----------- --------
Exhibit 10.1 Securities Purchase Agreement, dated as of April 24, 2006, by and Provided herewith
between EYI Industries, Inc. and the Buyers listed therein
Exhibit 10.2 Registration Rights Agreement, dated as of April 24, 2006, by and Provided herewith
between EYI Industries, Inc. and the Buyers listed therein
Exhibit 10.3 $750,000 Secured Convertible Debenture No. CCP-1, dated as of April 24, Provided herewith
2006, issued to Cornell Capital Partners, LP
Exhibit 10.4 $333,333 Secured Convertible Debenture CW-1, dated as Provided herewith
of April 24, 2006, issued to Cornell Capital Partners, LP
Exhibit 10.5 $416,667 Secured Convertible Debenture TAIB-1, dated as Provided herewith
of April 24, 2006, issued to Cornell Capital Partners, LP
Exhibit 10.6 Security Agreement, dated as of April 24, 2006, issued Provided herewith
to Cornell Capital Partners, LP
Exhibit 10.7 Warrant No. CCP-001, dated April 24, 2006, issued by the Company to Provided herewith
Cornell Capital Partners, LP
Exhibit 10.8 Warrant No. CCP-002, dated April 24, 2006, issued by the Company to Provided herewith
Cornell Capital Partners, LP
Exhibit 10.9 Warrant No. CCP-003, dated April 24, 2006, issued by the Company to Provided herewith
Cornell Capital Partners, LP
Exhibit 10.10 Warrant No. CCP-004, dated April 24, 2006, issued by the Company to Provided herewith
Cornell Capital Partners, LP
Exhibit 10.11 Warrant No. CCP-005, dated April 24, 2006, issued by the Company to Provided herewith
Cornell Capital Partners, LP
Exhibit 10.12 Warrant No. CCP-006, dated April 24, 2006, issued by the Company to Provided herewith
Cornell Capital Partners, LP
Exhibit 10.13 Warrant No. CCP-007, dated April 24, 2006, issued by the Company to Provided herewith
Cornell Capital Partners, LP
Exhibit 10.14 Warrant No. CCP-008, dated April 24, 2006, issued by the Company to Provided herewith
Cornell Capital Partners, LP
Exhibit Description Location
------- ----------- --------
Exhibit 10.15 Warrant No. CCP-009, dated April 24, 2006, issued by the Company to Provided herewith
Cornell Capital Partners, LP
Exhibit 10.16 Warrant No. CCP-010, dated April 24, 2006, issued by the Company to Provided herewith
Cornell Capital Partners, LP
Exhibit 10.17 Warrant No. CCP-011, dated April 24, 2006, issued by the Company to Provided herewith
Cornell Capital Partners, LP
Exhibit 10.18 Warrant No. CCP-012, dated April 24, 2006, issued by the Company to Provided herewith
Cornell Capital Partners, LP
Exhibit 10.19 Warrant No. CCP-013, dated April 24, 2006, issued by the Company to Provided herewith
Cornell Capital Partners, LP
Exhibit 10.20 Warrant No. CCP-014, dated April 24, 2006, issued by the Company to Provided herewith
Cornell Capital Partners, LP
Exhibit 10.21 Warrant No. CCP-015, dated April 24, 2006, issued by the Company to Provided herewith
Cornell Capital Partners, LP
Exhibit 10.22 Warrant No. CCP-016, dated April 24, 2006, issued by the Company to Provided herewith
Cornell Capital Partners, LP
Exhibit 10.23 Warrant No. CCP-017, dated April 24, 2006, issued by the Company to Provided herewith
Cornell Capital Partners, LP
Exhibit 10.24 Irrevocable Transfer Agent Instructions, dated April 24, 2006, by Provided herewith
and among the Company, the Buyers listed therein and Corporate Stock
Transfer, Inc.
Bottom? I'm looking to "trade" this...anyone still follow this one?
laterz...Jody
(hrm, can't post a pic from work)
Lots of volume!
Lots of volume & still BEARISH
Anything cooking you think????
Insider buys from the Chief operating officer recently:
http://finance.yahoo.com/q/it?s=EYII.OB
Chart:
- Possible double bottom
- MACD and MACD Hist very bullish
- Trendline breakout soon?
Hi ket1390
;) :D
hi evgeny
we are about to breakout out of the channel...hopefully..looks good (technically)
since july 10 the volume is increasing....accumulation?
chart update
it looks like a breakout could happen tommorrow
nice close
The Bullish Dragonfly Doji Pattern is a more bullish signal than a Bullish Hammer Pattern. Its reliability is also higher than the Bullish Hammer Pattern.
However, a confirmation of the trend reversal implied by this pattern by either a white candlestick, a large gap up or a higher close on the next trading day is still suggested, to be on the safe side.
trading the channel (so it looks like a bottom to me...short and long term)
in case this is the bottom it s time to accumulate.
evgeny (or someone else:)) do you have better graphics of a 4 year channel ?
Hi ket1390
EYII at the bottom
I think there is no anxiety to buy at these levels (only my opinion)
;)
thanks evgeny :9 for the chart
looks like another accumlation day
[quote
Warrants
In Connection with the Securities Purchase Agreement and Debentures set forth in Item 1.01 herein above, on April 24, 2006 the Company issued to Cornell Capital Partners, LP ("Cornell") seventeen (17) warrants to purchase up to an aggregate 124,062,678 shares of the Company's common stock at the discretion of Cornell (collectively, the "Warrants") each for good and valuable consideration. Cornell is entitled to purchase from the Company: (1) 10,416,650 shares of the Company's common stock at $0.02 per share, (b) 10,416,650 shares of the Company's common stock at $0.03 per share, (2) 13,888,866 shares of the Company's common stock at $0.04 per share, (3) 10,416,650 shares of the Company's common stock at $0.05 per share, (4) 8,333,320 shares of the Company's commonstock at $0.06 per share, (5) 6,944,433 shares of the Company's commonstock at $0.07 per share, (6) 5,952,371 shares of the Company's common stock at $0.08 per share, (7) 11,250,000 shares of the Company's common stock at $0.09 per share, (8) 10,000,000 shares of the Company's common stock at $0.10 per share, (9) 19,000,000 shares of the Company's common stock at $0.11 per share,
(10) 8,181,818 shares of the Company's common stock at $0.12 per share, (11) 7,500,000 shares of the Company's common stock at $0.15 per share, (12) 3,333,333 shares of the Company's common stock at $0.20 per share, (13) 2,500,000 shares of the Company's common stock at $0.25 per share, (14) 2,000,000 shares of the Company's common stock at $0.30 per share, (15) 1,666,666 shares of the Company's common stock at $0.35 per share, (16) 1,428,571 shares of the Company's common stock at $0.40 per share and (17) 1,250,000 shares of the Company's common stock at $0.40 per share upon surrender of the Warrants (or as subsequently adjusted pursuant to the terms of each Warrant) . Each Warrant has "piggy back" registration rights and shall expire five (5) years from the date of issuance, on or about April 24, 2011.
Quote
now the price is 0.0075.....can someone explain if this warrant thing is positive or not..and how it works ? Thanks!
Simplistically it means dilution and selling pressure on the stock price if it should ever get moving in a positive direction again.
EYII is going to need a huge news from the China filters deal to get any chance of reversing the decline in stock price. All they have done so far is trumpet the potential $ and extend the exclusivity deal 12 months.
Thanks Aussie ;D
This is an answer from agoracom.com forum...from Member Jebb:
Cornell bet 4.5 mill on the warrants being profitable for them - The warrants are worthless at anything below .02.
At this price and volume Cornell is another bag holder - big bag holder. They cannot even recover their loan.
EYII got 4.5 mill to operate with for a while. I guess that is good. At least Cornell took that hit instead of us.
Dori's insider purchase is interesting in that - without positive developments soon, the stock will continue sinking - that is common sense - Dori had to have a reason to believe that .92 was a good entry - unless we believe that his purchase was just advertising.
The quarterly report will be very interesting.
Just my thoughts - which have landed me EYII 80% down.
http://stockcharts.com/h-sc/ui?s=EYII
52 Week High 0.395 Market Cap 1.8692M
52 Week Low 0.0034 Shares Outstanding 263.2M
Hey man. You're hyping a penny stock that recently hit a 52 wk low with no volume. >:( Let's see, .007 x 465,000shares = $3255 traded today. >:(
Hi
What for to open a new branch ??? ??? ???
http://www.3stocksonfire.org/trading/index.php?topic=2909.msg69950#msg69950
STARTED WATCHING THIS AROUND .03 HAS FALLEN BIG TIME JUST LOOK'N FOR MORE AROUND .006'S THEN WILL SEE, IMO EVERY POS HAS A RUN.... GLTU
should drop nice mm's want ........... to play no takers yet
...too bad there's not a "SLAP" emoticon.
Eyii Alert
3year chart channel bottom
3 year stochastisc trigger
accumulation
ema 9 crossover
very close of a MA 50 break........
i consider everthing very bullish
chart later
Level2....if they take out 0.0060 this should move....later today?
did you see this block coming in the last half hour about 8mio shares.....we closed over MA 50!!!
looks good...
Quote from: ket1390 on October 27, 2006, 09:53:36 AM
Eyii Alert
3year chart channel bottom
3 year stochastisc trigger
accumulation
ema 9 crossover
very close of a MA 50 break........
i consider everthing very bullish
chart later
everthing like planned
(mm hold it most of the day down at 0.0060 to get shares....they sat directly on the EMA 9...could collect my shares there....the last 15min was crazy 7-8 mio shares came in....close at 0.0069
so what you're saying is that the increase in volume means this is finally gonna move up? already been fooled more than once on this one
this chart should tell you everything
Chart on a weekly basis:
-last week painted a doji
-this week we got a nice white candle
- MACD and MACD Hist look bullish
- Volume is increasing that is good
-for me is the reversal confirmed (only my opinion) ;D
good luck Ket1390,I will not toucht this stock again 8)
Quote from: la-onda on October 28, 2006, 07:45:08 AM
good luck Ket1390,I will not toucht this stock again 8)
Thanks la-onda :) i didn t get burned last year with eyii......this time it will tell if am right or not.......but i learnt to buy stocks when it s calm...we will see.....like now it seems that i am the only investor in this stock:) sometimes the minority wins...hopefully
WOW !!!!!!!!!!!!!!!!!!!!!! the ceo went shopping :) lets rock
P like Insider Purchase (17mio shares around 106'000 dollar!)
:o :o :o
http://www.form4oracle.com/insider?cik=0001275789
http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001275789%252D06%252D000003%252Etxt%26filepath%3D%255C2006%255C10%255C27%255C&symbol=EYII
;D
hey ket,i guess mr. sargeant is letting his actions speak for themselves because he's been pretty quiet since last spring. so, news of any buying activty should be interpreted as a positive developement. since i'm in anyway,i'll be watching.
Quote from: ket1390 on October 28, 2006, 11:15:38 AM
WOW !!!!!!!!!!!!!!!!!!!!!! the ceo went shopping :) lets rock
P like Insider Purchase (17mio shares around 106'000 dollar!)
:o :o :o
http://www.form4oracle.com/insider?cik=0001275789
http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001275789%252D06%252D000003%252Etxt%26filepath%3D%255C2006%255C10%255C27%255C&symbol=EYII
Did he really buy the stock? I did not see EYII trade above 17million shares on 10-25-06.
Quote from: ket1390 on October 27, 2006, 09:53:36 AM
Eyii Alert
3year chart channel bottom
3 year stochastisc trigger
accumulation
ema 9 crossover
very close of a MA 50 break........
i consider everthing very bullish
chart later
8) runs like planned ...great so far
this one moves up ....0.0087 !
i sold half for a 38% profit in about 10 days
possible target MA 200
Nice call Ket...this one looking good finally.
Quote from: kslifka on November 06, 2006, 01:51:02 PM
Nice call Ket...this one looking good finally.
thanks kslfika....the mm moving it up on little volume...maybe the Ceiec deal is real ? will see...already at 0.0097
Quote from: ket1390 on October 27, 2006, 09:53:36 AM
Eyii Alert
3year chart channel bottom
3 year stochastisc trigger
accumulation
ema 9 crossover
very close of a MA 50 break........
i consider everthing very bullish
chart later
i said it....guys....someone in for the ride?....i observed eyii the last 10 months so i was quite sure about the run an loaded first 2mio shares ....then just kept 1mio...sold some today into the run at 0.0146......wow this candle
Quote from: ket1390 on November 07, 2006, 10:30:46 AM
Quote from: ket1390 on October 27, 2006, 09:53:36 AM
Eyii Alert
3year chart channel bottom
3 year stochastisc trigger
accumulation
ema 9 crossover
very close of a MA 50 break........
i consider everthing very bullish
chart later
i said it....guys....someone in for the ride?....i observed eyii the last 10 months so i was quite sure about the run an loaded first 2mio shares ....then just kept 1mio...sold some today into the run at 0.0146......wow this candle
Applauds to you ket1390, you really called this nicely ;D
Hmmm, something happening here as Ket spotted a few days back. Jay Seargent acquires 17.7M shares just prior to EYII doubling from his in price. And now Dennis Mast (HYRF CEO) acquires ( i assume by option based on the price) 82,512,906 HYRF shares at $0.0095 http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001102624%252D06%252D000318%252Etxt%26filepath%3D%255C2006%255C11%255C07%255C&symbol=HYRF
Could this be the smoking gun that says Code Blue China deal just about to hit the wires (for real this time not that scam release last year). I don't know for sure but it might make a nice speculation ride.
Good Trading
"EYII.OB" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders. ;D
All history on a stock pick in 1 thread is awesome. ;)
Thank You....and good luck with all your trades....make some $$$ 8)
I will leave you Friday's closing chart.....
Hi
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Hi
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