3SOF

I just bought EPYH.OB.

Check the press releases: news from EPYH.OB (http://www.marketwatch.com/tools/quotes/news.asp?siteid=mktw&sid=1927587&property=sid&value=1927587&symb=epyh&doctype=2007)

I have to go lunch now but I'll make more updates later.

Good morning !

Tried to by 20,000 shares at the offer of .0209 ( actually put it in at .021) and they wouldn't give it to me. Now it is asking .0239, what a bunch of crooks.

These guys are investing $13 M in real estate, buying back stocks and have a market cap of just  1.65M, can you believe it?

Believe it because it's true. I bought a few hundreds of thousands of shares around $0.020, I think this stock will go up 300% today (it shot up 142% yesterday).

Lets ride -- got in at .023

How long are you going to hold on to this David?  Do you intend to take some profits if it does indeed go up 300% today?

I figure that if the stock goes up 300% today it will be at $0.076, where its market cap will be about $5.2 M.

The company has already invested $18 M in real estate and is planning to invest $50 M in 2005, can it be worth only $5.2 M?   (that is the market cap 300% above yesterday's close).

I'm holding this stock a few days, I believe the market hasn't yet realized this company's position in what is, by all means, an hot and safe sector, real estate.

But I urge caution, don't invest too much, just a small portion of your portfolio, of course very high volatility is expected.

Can EPYH make it to 3SF portfolio?

Long EPYH

Well, I bought about 300,000 shares but it still is too little to figure on the 3SF portfolio. Perhaps we'll create something for these fast moving penny stocks, just for learning how to capture their gains for small investors.

We're having some ideias about this subject, I'll discuss them further with Ramsburg today.

Good luck stocky !

man o man...what a move!  :o  great pick..it almost seems like free money

nice pick (applaud), step in @ 0.03, will EPHY break 0.04 resitance today?
;D

I think it has a great chance to break 0.04
I think I will sell it if it gets to $.06 today.   I don't want to be too greedy

I just bought in a few minutes ago at .0375, and then it started to slowly drop...will it be going up again soon today...or should i sell it if it hits ..03.
any feedback is much appreciated.

julia

I think it will close over .04, but there are no guarantee's
It is very easy for a stock like this to take a dive at a moments notice and then rally.

If I were you I'd sit tight and just wait.  :'(

ok Loffigus, yes i will take ur advice...i'll wait it out...which means i can't watch the screen...makes me panic too much when I see the price declining.

thanks very much,

julia

 :-*

Kiss of death (me) in @.034.

Maybe I can reverse my recent losing streak.

I waited for this entry point for the last few hours instead of jumping into it near .04. Let's see if I learned anything.

I tried jumping in at .02 this morning, but it would keep outbidding, I finally put in a bid of .025 when the current trade was at .023 just so I would get it.

And luckily it filled because it blew past that minutes later.

I am hanging on, hoping for $.06 today.

Can anyone explain why the very slow movement for the last half hour, when things were speeding along nicely all morning? What exactly is going on when this happens? There was higher volumne so far today, then all of yesterday.

thanks,
julia

In the opinion of a true newbie, it's because I got involved.

My track record is unbelievable.

HI kressad...that's hilarious that u say that....i myself have a talent for picking a stocks high price of the day, just to watch it suddenly reverse itself literally moments after i've purchased it.
I've also had a very bad month and trying desperatley to recover from crippling stocks.

good luck to you...to us!

julia

Momentum is slowing down a little, and there is more selling going on than there was this morning.(probably some day-traders, the bastards  >:D)

I don't think this is going to make 300% today  :(

But, that does not mean it won't rise tomorrow another 80%  8)

I am considering taking my investment off the table today, and keeping the free shares for the next couple days.  I have been burned too many times.  (I invested 5% of my portfolio in this stock today)

bought in at .008 a few days ago.

bought more today. 

company announced spin offs and is buying back shares

newbie, but this looks really good to me.

Strong support at 0.031. Could not buy more at 0.03.

Lets see whats in store for EPYH tomorrow.

 ;D

Empyrean Holdings Plans $3 Million Lake of the Ozarks Development
Wednesday June 22, 9:35 am ET


HOUSTON--(BUSINESS WIRE)--June 22, 2005--Empyrean Holdings Inc. (OTCBB:EPYH - News), a national real estate holding company, plans to purchase 300 acres of prime lakeside property near Camdenton, Missouri, in the world-famous Lake of the Ozarks vacation area. The property is a prime candidate for a four-star resort development in one of the most frequented vacation areas in the country.
CEO Robert L. Lee reports, "Located in the fastest-growing region in Missouri, the site spans 3,300 ft. of frontage along The Lake of the Ozarks, which is one of the world's largest man-made lakes. It has convenient access to Highway 5 and is only a two and one-half hour drive from the prosperous cities of Kansas City and St Louis. We intend to create a resort community complete with a comprehensive portfolio of four-star amenities. Though uncertain at this early stage, we may include picnic areas, small town homes, timeshares, and rental properties in the development. We anticipate that Phase 1 of the project should require about a $3 million investment."

Empyrean Holdings is also currently working on furthering its joint venture plans with a national construction company, United Construction Group LLC. Company management has extensive experience in single and multi-family homes, condominiums, commercial developments, and renovations. The joint venture has already embarked on a $10 million project in Wisconsin and a $5 million project in Southern California.

Note: "Safe Harbor" Statement Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company' expectations with regard to the future impact on the company's results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.

Ok, so la-onda....do u think this news will bring it to over .04 this monring or sometime today...wondering if i should sell asap upon opening for fear it will go and hold below .032.
Do you have any advice?

thanks very much,

julia

 ;)

i hope the stock price will be up again.....

Ouch, getting killed here today.  So much for yesterday's profits.

thanks la-onda...yes, me too..but, this opening wasnt very reassuring...now at .025...do u think it will move up again...was this just the morning drop?
Should i be panicking?

thanks very much,

julia

Remember,

Yesterday was up 80%  Most of the time, stocks correct after such a huge jump.
It's probably going back above .03 today.

Don't be impulsive and sell in panic.  Inevitably when you do, the stock goes higher right after you sell.  Sell only when you think your reason for buying was wrong.

I think it's going to reach $.04 again. 

Quote from: Loffigus on June 23, 2005, 10:04:08 AM
Remember,

Yesterday was up 80% Most of the time, stocks correct after such a huge jump.
It's probably going back above .03 today.

Don't be impulsive and sell in panic. Inevitably when you do, the stock goes higher right after you sell. Sell only when you think your reason for buying was wrong.

Thanks Loffigus....ur comments are very reassuring, and yes i've sold in panic several times before only to see the price go up soon after. I will hold out for a better price.
Appreciate your advice. :)

good luck to all of us!


thanks very much
julia

Empyrean Holdings Inc. Increases Stock Buy Back Plan to $1 Million
Friday June 24, 9:30 am ET

HOUSTON--(BUSINESS WIRE)--June 24, 2005--Empyrean Holdings Inc. (OTCBB:EPYH - News), a national real estate holding firm, has announced that it will increase its stock buy back plan to allow a total of $1 million worth of the company's outstanding common shares. The shares will be returned to treasury in an effort to strengthen the company's balance sheet and reduce its overall cost of capital long-term.

CEO Robert L. Lee confirmed, "Despite the recent increase in the share price we believe that Empyrean's stock remains undervalued. Our management team still holds the view that our company stock is an exceptional investment especially in consideration of the projects that we have initiated. We have a significant amount of confidence in our development team, the viability of our corporate structure, and our long-term profit potential. We also firmly believe in hard assets and high income-generating real estate is going to be the primary focus of our future growth."

Empyrean will continue to carry out the purchases over the next several months either on the open market or through private transactions. Depending on market conditions and other factors, these purchases may be suspended or commenced at any time without prior notice.

Hi,

Is that good or bad news ? Any chance of the stock going up today still ? I am in at 0.029 since yesterday and getting worried.

Just curious how they are going to finance multimillion deals? Dont have cash in hand.

Long EPYH

Dave are you still holding EPYH?

If they have the money to fund these investments, then this stock is undervalued (which is what the CEO keeps saying)

I would be happy with $.10 a share in the medium term.

I think there is lot of credit line available in CA and EPYH is in the red hot sector. Will hold.

In at ..022 after watching it for a couple of days.

Hi Dave,
whats your opinion about the buyback plan & fridays stock price?
Was this just "normal" pullback? Noramlly buyback plans should lift the stock price higher IMO?

Thanks in advance for your feedback!

Cheers
O.

Holding at 0.02 support.

http://tinyurl.com/9t9ar

Been a lot of good news on this one, I am surprised that it has not run up higher than $.04

Interesting....   With all the money they are investing in real estate, I would think this stock has a lot of upward potential.

Any chance of it going up again ? I am holding it at 0.029

The stock seems to be sitting near the levels when David made the recommendation.  Would it be worthwhile to pickup more shares at this level or is this stock D O N E?

Thanks!

Good buy at these levels, IMO

I bought higher, so I am underwater -- but they are investing in real estate, and are buying back $1M worth of their shares.

I think $.05 is a good possibility in the short term. 

David, Do you have any thoughts about this stocks recent movements?

I'm still holding mine.. There is no buy or sell signal confirmed yet.. although I wouldn't reccomend buying more at this level.. Wait until we start to move up again first before buying more-

Another 17% free fall...  :(

I am down by 47%....  :(  :(

David, do you still hold it?
If yo do, when are you going to sell?

Thx,
Ohad

ohad. I am holding also and down about 45%. I would like to hear from David if he is still holding his position. Trunk had asked him this question but I guess David did not read his email yet. Personally I would like David's analysis on it.

On the move -- News is out.

Empyrean Holdings Inc. to Begin $20 Million Residential Construction Plan
Wednesday June 29, 12:30 pm ET


HOUSTON--(BUSINESS WIRE)--June 29, 2005--Empyrean Holdings Inc. (OTCBB:EPYH - News), a national real estate holding firm, has announced that it has initiated a plan to build over $20 million of new California residential construction with its partner, United Construction Group. These developments will include both single-family homes and multi-family apartment buildings in some of the hottest markets in the state including Monterey County, Santa Barbara County and Imperial County.
CEO Robert L. Lee stated, "We are very excited about the prospects associated with these developments. Some of the properties in these areas have appreciated by 30% last year and in one area there is an 8-month waiting list for a new home. Once again we would like to thank United Construction Group for the opportunity to invest in their quality developments and we are confident that our shareholders will be thrilled with the returns."

Note: "Safe Harbor" Statement Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected resul

here we go again, another investment plan pushing the stock to climb up.
EPYH almost had PR everyday last 2 weeks ! everytime there is investment plan out , it goes up , and it goes down on everything else.
On Jun 6 The company announced it targets for 50 mil by the end of the year, and by the end of this month, they have announced 38 mil already!
why in such a hurry? make me wonder a bit.
what do u think?

• Empyrean Holdings Inc. to Begin $20 Million Residential Construction Plan
Business Wire (Wed 12:30pm) 
• EMPYREAN HOLDINGS, INC Files SEC form 8-K/A, Financial Statements and Exhibits
EDGAR Online (Mon, Jun 27) 
• Empyrean Holdings Inc. Increases Stock Buy Back Plan to $1 Million
Business Wire (Fri, Jun 24) 
• Empyrean Holdings to Joint Venture with Florida Real Estate Firm
Business Wire (Thu, Jun 23) 
• Empyrean Holdings Plans $3 Million Lake of the Ozarks Development
Business Wire (Wed, Jun 22) 
• Empyrean Holdings Inc. to Invest $10 Million in Southern California
Business Wire (Tue, Jun 21) 
• Empyrean Holdings Inc. to Spin Off Real Estate Development and Property Management Operations
Business Wire (Mon, Jun 20) 
• Empyrean Holdings Inc. to Invest $5 Million in Commercial/Retail Properties in Wisconsin
Business Wire (Thu, Jun 16) 
• Empyrean Holdings Inc. Initiates $500,000 Stock Buy Back Plan
Business Wire (Wed, Jun 15) 
• Empyrean Holdings Inc. Targets $50 Million by Year End

thats an amazing move today... if it can end strong this is almost a definate gapper tomorrow, imo.   :)   8)

I agree!  The news is GREAT!  When David picked this one, he seemed to think it has a lot of potential.  I'm thinking he was 100% right!!

I've been holding this since$.028 avg price.  So i was pretty deep underwater for a few days, but today turned it all around.

I had to sell off 1/2 my position at $.034 just because I didn't like being so exposed on one stock (I invested too much % of my overall into this stock) so naturally when I recovered my loss and made a profit I decreased my position.  I still believe this stock is undervalued with all the things they are doing this year.  I think $.10 could still be a viable price.

This stock may be worth hanging on to for a while.

I dont know I think this is a sure liftoff now.  If this actually opens tomorrow within 10% of its closed price today I would be very surprised.

I'll keep watching it, but had to go to a funeral so sold it when I saw the top of  "Eight New Price Lines" at .0345. ( Morris, Candlestick Charting Explained p. 199)  Not bad for a 3 sessions trade, was in at  .022.

I'm sorry I wasn't able to update this penny stock pick, I got some private messages. I've sold it at $0.025 on a trailing stop loss thing (didn't want to let a profit turn into a loss), but bought it back yesterday, since I believe the story behind the move and the stock started running away with the bulls again.

I'm not willing to update this picks I make in the other boards everyday, so what you can do is check my reasoning for buying (I always have one) and see if it still stands. In this case it did, the stock made a profit taking pullback to previous support around $0.017 and it run up again.

The news flow is very positive indeed and the market cap is much less than the company is investing in real estate.

But do your own DD, I have just a very small stake and don't have much time, good trades for everyone !

Quote from: eliteG on June 29, 2005, 04:12:19 PM
I dont know I think this is a sure liftoff now.  If this actually opens tomorrow within 10% of its closed price today I would be very surprised.

hmm, surprised it didnt run...but the day aint done yet  ;)

Kinda wish I had not sold half my stake yesterday at $.034 now  :'(

but you cant be unhappy about it being up 33% woohoo  ;)

Watched thie mornings reversal on news but didn't buy as kept running past my limit. Good Luck

nice start in the moring
;D

any price targets from your side?

Great move, this is also a breakout buying signal, the volume is good, and it may start another high flight ;)

Buying some more, to support the move !

So much good news with this stock, if what they are saying is true, then this could be a very good investment.  I can see this stock reaching $.07 to $.10 in the near tearm just based on the news.  Long term you could probably turn this into an investment.
I am not sure why this stock used to trade at $500 a share...  anyone know the history of this company?  I am having a hard time finding anything about them.

Looking for a pullback entry point.  Any thoughts ?

Quote from: atalltexan on June 30, 2005, 11:01:46 AM
Looking for a pullback entry point.  Any thoughts ?

You just had one  8)

Quote from: J.Livermore on June 30, 2005, 11:37:34 AM

Quote from: atalltexan on June 30, 2005, 11:01:46 AM
Looking for a pullback entry point.  Any thoughts ?

You just had one  8)

Not so sure.  It is still falling.  Some technical input would be good.

what do u guys think...0.045 seemd like strong resistance all afternoon  :-\

IMO, the best part is, we broke free from multi-month resistance at 0.04, and tested 0.05 and a little beyond without much fanfare...lots of volume from 0.04-0.05

technicals show we just touched RSI 70 level...which tells me there is more room to go for this baby...like a quick blast to 0.075 or 0.08

also, I see no real resistance up from this level to the 0.10 area...am I missing something?

the stochastics also seem to support an intact uptrend for now.

 >:D
Empyrean Holdings, Inc. Reaches Development Portfolio of $50 Million

Friday , July 01, 2005 09:28 ET

HOUSTON, Jul 01, 2005 (BUSINESS WIRE) --Though only halfway through fiscal 2005, Empyrean Holdings Inc. (OTCBB:EPYH), a national real estate holding company, has already had a phenomenally productive year. Since its initial acquisition of Tradewinds International Corp. a few months ago, Empyrean has established a diverse portfolio of development projects totaling nearly $50 million and has initiated several strategic relationships that is giving the company a significant competitive edge in several markets.

Earlier this year Empyrean initiated an aggressive Business Development Plan focused on developing a portfolio of hard real estate assets whose core characteristic was high anticipated income and 3-year appreciation potential. As a result of its activities, the company has become involved in over $50 million in projects in California, Florida, Wisconsin and Missouri and continues to analyze additional opportunities. Profiles of their projects will appear on Empyrean's website within a few weeks.

CEO Robert L. Lee is delighted, "Our company is doing phenomenally well. So far this year, we have located a corporate office location in Houston, opened satellite offices in Florida and California, and engaged in several strategic relationships with construction, property management, and real estate and mortgage companies. Our relationship with United Construction Group is proving to be an outstanding arrangement as we are getting the ability to participate in a prime selection of UCG's current and upcoming projects as an insider and could not ask for a better opportunity. This gives us the ability to cherry-pick the projects that we feel have the greatest profit potential while not incurring all of the traditional development risk. There is much more to come, we are only half-way through the year and only half-way through the initial stage of our plan. Things are going so well that we are expanding our horizons further and are extremely confident that our shareholders are going to be as excited as we are with what's to come."



http://www.knobias.com/individual/public/news.htm?eid=3.1.52a7afd7477313ac02cf94c3bba0587be8e5d6e5e58dc4eb10e958b2f00a796a

Hi All!!!

Any thought about this stock?

Thanks,
Ohad

Long EPYH.

The company is buying back stock, and starting multi-million dollar real-estate development projects, so the potential for this stock is great.   I expect that if things go well for them, this could run up to at least $0.10 in the short term, and long term -- who knows, $1 may be a realistic possibility someday.  But for now, I have been trading peaks and valleys and just trying to hang on to shares at this price in case they have another run up.

Doubled on pullback.

Added more at $.033 also.

My humble opinion:

Penny stocks are very dangerous, if a trader is relative newbie. When they start to go down, a newbie is prone to buying more and telling to himself, that their buy is OK, that the stock is not able to fall more. Maybe sometimes, but not now...

Be cautious ....

Good point. What I do is to buy only 1/3 or 1/2 of the regular value that I will buy if NSDAQ or AMEX stocks. Then add on based on my perception and market reaction. Averaging down is not a good strategy, however, you can use it if you have planned it earlier by starting with half or smaller positions. And the exit strategy must accompany all trades :)

Empyrean Holdings, Inc. Commits to $70 Million Orlando Development
Thursday July 7, 9:35 am ET


HOUSTON--(BUSINESS WIRE)--July 7, 2005--Empyrean Holdings Inc. (OTCBB:EPYH - News), a national real estate holding company announced today that it has committed to a $70 million real estate development in one of the hottest tourist areas in the country - Orlando, Florida. Recently through several key relationships that the company has in the Orlando market with several large property owners, management was able to arrange participation in the pending property purchase and maintain development rights.
The company is currently analyzing the best utilization to maximize profit potential but is confident that the property will be used for timeshare condos due to its favorable location within 1/2 mile of one of the largest theme parks in the area. Management anticipates selling a large amount of the unit participation to the European market specifically due to the very favorable exchange rate for European investors and the entertainment value that the major theme parks in Florida represent.

CEO Robert L. Lee stated, "Anyone who knows real estate knows that southern Florida has been one of the fastest appreciating markets in the country in recent years. Orlando, which is situated in central Florida has also been directly affected by this trend and it is anticipated by real estate professionals this will continue for several years to come. We are committed to increasing shareholder value and feel that we have found a significantly undervalued property. Due to the financial structures that can be utilized for this type of development, we also anticipate that this project will self capitalize a significant portion of the development costs. This will assist to limit the financial impact the project will have on Empyrean and allow it to become a very profitable endeavor for the company."

More good news, should run up to $.04 again today.

:) glad that I doubled yesterday

Sold for 30% gain today due to yesterday weekness.

How many milliaons of dollars of projects do they have to announce to get this thing to hold .04?

Does anyone know what this company's revenue, market cap and other key information is?
I can't seem to find anything.

I think that what happened today, was that many of the bagholders from the run up to .05 a few days ago dumped their shares to cut their losses.
I think once the dust settles then we should climb back to $.04 and higher.

I can't imagine this stock staying low for long unless the news is a farce.

Very true :)  Though the upside may be even more slippery with new bag holders after todays sell off. I am eitching to get back in but I think I may have still better entry near .03 or may be even lower, good luck to all those who hold. I personally thinks this one has a potential.

I believe in the potential of the company too. but every time there is positive news, the rise of the stock can barely sustain for one day. every time it has the same pattern. up after news and slide down slowly, and it hardly moves without news. it seems someone has lots of shares to be sold.  they have jamed the PR with investment over 100 mil in the past month.
it must have been a very good daytrade stock for the past month.
i am so itchy to pull the trigger but couldnt ... lol

any thoughts? keep holding?

thanks!

somebody that was dumping their shares sold for .0032 instead of .032

I am surprised that the stock did not climb higher today, I was sure it would reach $.05 after announcing $70M building commitment.

I see two possibilities.  
1) People are waiting for some kind of confirmation that construction has begun, in which case we should see a tremendous run up.
2) Nothing is really happening, and the CEO or other insider is just trying to sell off his shares so he announces good news every few days so he can sell some off at a better price.
Which would be a very dishonest thing for him to do.

gains of more than 5% are always difficult to sustain. Ppl will take profit :) Nothing can stop that. But they will come back like me, most probably at lower levels. Thats why this stock may attract more buyers near .03 and surely its uptrend will be much more difficult then earlier.

Yes, may be CEOs of these little comanpies are no more angels

More news out again!  This stock is either a goldmine or the biggest scam I have ever seen.
>:D

And you may see that the guys who missed last time selling will do this time :)

I am still waiting for reentry.

just got in.....the uptrending line offered support the last 2 days at 0.03, the chart looks set to resume uptrend again.

good luck....and of course, the fundamanetals and news seems unbeatable!

plan to call the mgmt. later today, will update you guys.

If it stays above .03 today then this may well be heading back. Still waiting for buy near .03

I think this stock will run eventually.  The question is when.  I am not sure what more it is going to take to send this stock upward. 

I am thinking that perhaps the CEO is announcing things he plans to do, and maybe until they actually seal the deals (secure financing), the stock is going to hold around these levels.

Once actual financing happens, then we should have a reason to get the upward trend going.

If I had to guess, they should secure financing over the next few months, and then this stock should trade up around $0.25 or better.

EPYH making a late day surge after bouncing several times of 0.0305 (yesterday and today's low)

 >:(

That was a dissapointing rally.

There seems to be big buy order near .0305. If its real then this is the bottom. If fake then I am assuming more down side. Still undecided on entering at the current level  :)

Well, stocky...

If you buy at this level, you'll be 23% ahead of me!

I bought at 0.05  :-\

Cheers.

I have traded in and out of this stock several times.  Overall I may have made a small profit doing so, but probably been better off just to hold the shares I originally bought at $.023

I did sell off some at $.0525 and again at $.047
Rebought my position position at $.0315 Friday, now I am ready for it to run.

This may be a stock that you could beneift from averaging down with, because I think it is inevitable that we will move up from here.  $120 million investment from a $3M market cap company???  Something's gotta give.

Despite the day-to-day movements being volitile, we are in an uptrend. 

the uptrend line in your chart seems to have held yesterday, and so did the bottom of 0.0305 (2 days in a row). this stock is being held at these levels for a reason....I predict resumption of the uptrend based on the chart and the testing of 0.0305 twice in 2 days but holding strong at that level.

no doubt the company has to find ways to finance itself, and sometimes it could be thru' stock options, but the bottom line is the future potential of the company thru' its investments in real estate in florida...this is severely undervaled at this time.

Seems like I have to watch this one for entering a full position [that I have rarely done with OBs and one should never do with PKs] on Monday.

good luck with your entry! this should hold 0.03 monday and move forward back to testing the 0.05 highs.

any comments on todays proce action?

Empyrean Holdings, Inc. Partners With United Construction Group on Proposed $70 Million Orlando Development
Empyrean Holdings Inc. (OTCBB:EPYH), a national real estate holding company announced today that it has partnered with United Construction Group (UCG), a national construction management company, to manage the proposed construction on Empyrean's most recent project in Orlando, Florida. Empyrean is currently designing a large timeshare condominium project for the location and estimates the total project cost to be approximately $70 million.

Empyrean and UCG have pre-existing relationships in place for developments in California, Missouri and Wisconsin and management has determined that UCG would be the best candidate to direct construction on its project in Florida as well. So far this year, Empyrean has established a development portfolio totaling $120 million of very high quality real estate developments in four states and is currently moving through the planning and construction stages of these projects.

CEO Robert L. Lee highlighted, "We are growing very rapidly but we have a clear and concise understanding of our goals and a very well-defined path to achieve them. We believe that the experience of our management partners will allow us to manage our risk and expand the assets of our company in a very cost effective manner. UCG management has directed some of the largest construction projects in the country and we appreciate the opportunity to work with them on these absolutely phenomenal developments."

I don't think the news was anything people didn't already know from previous press releases.
But the price seems to be holding at $.03, and I think it is going to trend upward from here.

I don't think there is much downside though based on what the company is doing -- perhaps short term downside because of the 300% run up in the past couple weeks, but overall this stock should be set to make new highs.

 ;D
Empyrean Holdings, Inc. Declares Stock Dividend

Tuesday , July 12, 2005 09:25 ET

HOUSTON, Jul 12, 2005 (BUSINESS WIRE) --Empyrean Holdings Inc. (OTCBB:EPYH), a national real estate holding company, is pleased to announce that management has made the decision to declare a stock dividend of its common stock for shareholders of record as of August 15, 2005.

This is an independent stock dividend to be made to shareholders as a reward for their loyalty and support during this period of rapid development for the company. The rate of shares to be authorized for this dividend will be announced within two weeks.

CEO Robert L. Lee explained, "Our shareholders are critical to our success and we recognize that we must have their long-term support to achieve our goals. We want to establish proper precedents early in our corporate redevelopment process that will establish our integrity, determination, and loyalty to our shareholders. We are committed to making this company one of those few success stories that the investment community will be talking about for years to come. We have a clear and defined path that we expect will take us to NASDAQ and will demonstrate our dedication to our shareholders and creating value."

Do penny stocks typically give dividends?

I once heard of a tobacco penny who gave their investors cigarettes as a dividend...does that count?  ::)

Not to bring this one up again, but I think something fairly interesting is happening...a lot of support seems to be present at 0.03 for this penny...any thoughts on an upward shot from here?

Empyrean Holdings, Inc. Announces 25% Stock Dividend
Tuesday July 19, 3:26 pm ET

HOUSTON--(BUSINESS WIRE)--July 19, 2005--Empyrean Holdings Inc. (OTCBB:EPYH - News), a national real estate holding company, reported today that it will be granting a 25% common stock dividend to EPYH common shareholders of record as of August 25, 2005. The common shares to be issued for this stock dividend will be sent out shortly thereafter.
Management has decided that it is in the best interest of its shareholders to establish the dividend and expects that it will assist the company to achieve its goals. Empyrean currently maintains a real estate development portfolio of $120 million in California, Florida, Wisconsin, and Missouri.

CEO Robert L. Lee stated, "We have established a corporate policy that we will reward our shareholders wherever and whenever we can. We work for the shareholders and appreciate their faith and support and are making our best attempts to mitigate their risks and make this the best performing security in their portfolio. We would like to thank them for their commitment."

Note: "Safe Harbor" Statement Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and is subject to change at any time, the company's actual results may differ materially from expected results.

That's a large dividend  :o

Empyrean Holdings, Inc. Revises 25% Stock Dividend Date to August 30, 2005
Tuesday July 26, 9:35 am ET


HOUSTON--(BUSINESS WIRE)--July 26, 2005--Empyrean Holdings Inc. (OTCBB:EPYH - News), a national real estate holding company, reported today that for administrative reasons the date of record for the 25% common stock dividend to be granted to EPYH shareholders has been be revised to August 30, 2005. There will, however, be no delay in sending out the common shares to be issued for this stock dividend shortly after the revised date of record.
Management also takes this opportunity to reassure shareholders that its policy of rewarding shareholders at every suitable situation that presents itself remains unchanged. Furthermore, the continuing support of its shareholders can only act as a potent catalyst for the company to advance its real estate development portfolio of $120 million in California, Florida, Wisconsin, and Missouri.

EPYH moving up again on positive development PR:

Press Release Source: Empyrean Holdings Inc.


Empyrean Holdings Inc. Partners With United Construction Group to Plan Another Orlando Development for $25 Million
Tuesday August 16, 10:39 am ET


HOUSTON--(BUSINESS WIRE)--Aug. 16, 2005--Empyrean Holdings Inc. (OTCBB:EPYH - News), a national real estate holding company, announced today that it has once again partnered with United Construction Group (UCG), a national construction management company, to plan a $25 million project to convert an outmoded hotel with excellent location in South Orlando into time share condominiums. This increases the Orlando projects being undertaken in partnership with UCG to just under $100 million.
Empyrean and UCG have pre-existing relationships in place for developments in California, Missouri, Wisconsin and Georgia.

CEO Robert L. Lee added, "As mentioned previously, UCG management has directed some of the largest construction projects in the country and we appreciate very much the opportunity to work with them on these exciting and highly profitable development projects."

Note: "Safe Harbor" Statement Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company' expectations with regard to the future impact on the company's results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.

Guys, I know that the volume is still low, but do you think that crossing the 50MA back up and the last three positive candlesticks indicates on something?

Well, my real question is - Do you think it might be the beginning of a change or only a small "fix" on the long way down?

NEWS OUT! Katrina cleanup...ephy runnning!!

September 23, 2005 - 1:25 PM EDT     
EPYH 0.009   -0.0011 

Today 5d 1m 3m 1y 5y 10y



Empyrean Holdings Inc. Attacks $25 Billion Hurricane Katrina Cleanup
Empyrean Holdings Inc. (OTCBB:EPYH), a national real estate holding firm, announced today that management is developing a plan to assist with the $25 billion cleanup of Hurricane Katrina in New Orleans and on the potentially disastrous situation coming to Texas later today. Katrina damage estimates are greater that $25 billion, with over 150,000 homes flooded.

CEO Robert L. Lee stated, "This is an incredible disaster and yet an incredible opportunity at the same time. I was run out of Houston yesterday with my family by Hurricane Rita and essentially would pay anything to be back at home safe and secure. I cannot imagine losing our home, our property, our livelihood, waiting on the insurance companies to address our claim, and then waiting on a construction company to show up and replace my house.

"The dollars generated from the cleanup and reconstruction of these areas is enormous and it will be important to do it quickly and efficiently. There will be a significant demand for construction by people that want to have their homes rebuilt as quickly as possible. We have already met with some of our partners and are convinced that we are strategically situated to cleanup and rebuild homes lost from the hurricanes. We have already started negotiating landfill options and have begun to recruit workers from our affiliated California construction labor base.

"We will be sending people into New Orleans and the surrounding areas as soon as they open and will be on the frontline of the rebuilding effort. If you want your house rebuilt quickly you should come to us now."

Note: "Safe Harbor" Statement Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.


Empyrean Holdings Inc. Houston, TX
Robert L. Lee, 713-260-7236
www.epyh.com

Got in at .0175...

I'm thinking its has to continue next week due to the hurricaines and all the damage it will cause...this company therefore should do well with all the business that will unfortunately be needed.


good luck to everyone.

julia

MPYREAN HOLDINGS (OTC BB:EPYH.OB) Delayed quote data   Edit
Last Trade:   0.0185
Trade Time:   3:59PM ET
Change:   Up 0.0084 (83.17%)
Prev Close:   0.0101
Open:   0.01
Bid:   0.0186 x 5000
Ask:   0.0189 x 5000
1y Target Est:   N/A
      
Day's Range:   0.009 - 0.205
52wk Range:   N/A
Volume:   39,758,318
Avg Vol (3m):   N/A
Market Cap:   N/A
P/E (ttm):   N/A
EPS (ttm):   N/A
Div & Yield:   N/A (N/A)


Empyrean Holdings Inc. Attacks $25 Billion Hurricane Katrina Cleanup
Friday September 23, 1:25 pm ET

HOUSTON--(BUSINESS WIRE)--Sept. 23, 2005--Empyrean Holdings Inc. (OTCBB:EPYH - News), a national real estate holding firm, announced today that management is developing a plan to assist with the $25 billion cleanup of Hurricane Katrina in New Orleans and on the potentially disastrous situation coming to Texas later today. Katrina damage estimates are greater that $25 billion, with over 150,000 homes flooded.

CEO Robert L. Lee stated, "This is an incredible disaster and yet an incredible opportunity at the same time. I was run out of Houston yesterday with my family by Hurricane Rita and essentially would pay anything to be back at home safe and secure. I cannot imagine losing our home, our property, our livelihood, waiting on the insurance companies to address our claim, and then waiting on a construction company to show up and replace my house.

"The dollars generated from the cleanup and reconstruction of these areas is enormous and it will be important to do it quickly and efficiently. There will be a significant demand for construction by people that want to have their homes rebuilt as quickly as possible. We have already met with some of our partners and are convinced that we are strategically situated to cleanup and rebuild homes lost from the hurricanes. We have already started negotiating landfill options and have begun to recruit workers from our affiliated California construction labor base.

"We will be sending people into New Orleans and the surrounding areas as soon as they open and will be on the frontline of the rebuilding effort. If you want your house rebuilt quickly you should come to us now."

chart:

When I think i got the hang of it and hold thru HOM and ZENX as I gain and lose profits, i let EPYH kick my butt.  Take this lesson from me.
Every where i went, i saw-------------- get in EPYH now before its too late.  Well unlike Zenx (.80) & (1.20) i wanted to get in this one early.  So in at .25 and all of a sudden i see negative posts everywhere.  I try not to read yahoo and raging bull, but talk on SOF has been limited, and i did not expect it to be so negative. then it started going down just like the pump and dump and i sold at .17 
so let me be the fool on this.  as much as it will kill me for this stock to jump into the $'s i can not let a stock kick my butt 2wice.  i bought it with margin also, so i did panic.  good luck to yall thou, i will be watching from sidelines.

To bring this one to everyone's attention again.
Closed above the 50-day ma.

(((((((((((((((((((((((((((((((((((((((((News Out))))))))))))))))))))))))))))))))))))))))))))))))))

Press Release Source: Empyrean Holdings Inc.


Empyrean Holdings Inc. Pursues New Orleans Rebuild
Tuesday September 27, 9:49 am ET


HOUSTON--(BUSINESS WIRE)--Sept. 27, 2005--Empyrean Holdings Inc. (OTCBB:EPYH - News) announced today that plans have been developed and strategic partners identified to execute its business plan to acquire contracts in New Orleans and neighboring areas damaged by Hurricane Katrina. The company is currently negotiating these agreements and additional announcements will be forthcoming.


One particular partner has a special priority status in regards to Federal contracts and expects to be able to capitalize on a significant amount of contracts for the company. Current rebuilding estimates range up to $62 billion.

Empyrean management is currently preparing to open an office in the New Orleans area for these partnerships and will begin to pursue contracts immediately. Coordination efforts are already underway to build a very efficient and effective infrastructure to pursue what seems to be an almost limitless amount of work available as a result of the disaster.

Note: "Safe Harbor" Statement Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.



--------------------------------------------------------------------------------
Contact:
     Empyrean Holdings Inc., Houston
     Robert L. Lee, 713-260-7236
     www.epyh.com



--------------------------------------------------------------------------------
Source: Empyrean Holdings Inc.

I'm planning on picking up some more EPYH.OB at these current levels. PR is due at the end of next week, and the fact they CEO recently threw down a large sum of money to pick up additional shares (in the neighborhood of $75K), good news may be ahead  :).

Chart appears to be setting up for a possible run. Keep it on the radar tomorrow in the coming days  :D

Currently +16%  :D Let's get some volume in this and see where it goes  >:D