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Double or nothing: EYII

Started by David Randolph, August 15, 2005, 09:30:34 AM

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LiveLife

#105
While this original experiment of David plays out ($0.16 to $0.32), many have decided to buy EYII.

Stock prices are only established by current supply and demand, and will fluctuate up and down, sometimes independent of company performance.

Instead of just buying and holding, in the hopes that the price will eventually go up; rise and fall cycle should be monitored to buy on dips and sell on peaks.  Both EYII and HYRF had their dips and peaks where significant gains could have been made, and probably will in the future too.

We are all investing (speculating) and trading for maximum gains, and I will continue to buy on dips and sell on peaks for actualizing gains.  We mustn't forget the fundamentals of stock trading:  buy low, sell high - buy high, sell higher.

I too wish that all of my stocks continue to go up without dips, but they do fluctuate, and I will sell to take profits and buy on pullbacks.  If the stock I am holding dips, I have bought on rebound to even out the loss/gain.

We can all learn from each other and become better at trading!
Give a man a fish, you feed him for a day - Teach a man to fish, you feed him for life.

evgeny05

Hi !

EYI Industries Inc. Clarifies Letter of Intent with CEIEC
Sep 13, 2005 8:00:00 AM
2005 PrimeZone Media Network
BURNABY, British Columbia, Sept. 13, 2005 (PRIMEZONE) -- EYI Industries Inc. (OTCBB:EYII), (http://www.stopdrinkingpoison.com), a marketer of products that promote well-being and a healthy lifestyle, announced in a news release dated August 12, 2005 that it had entered into a letter of intent ("LOI") with Guangzhou CEIEC Enterprise (Group) Co. Ltd. ("CEIEC"), a China based company. Pursuant to the terms of the LOI, CEIEC agreed commencing in September 2005, subject to further negotiations respecting the terms and price of the purchase orders, to enter into certain purchase commitments to purchase up to 30,000,000 of EYI Industries' Code Blue(tm) water filtration systems (Code Blue(tm)) and to acquire the master agency rights to market and distribute Code Blue(tm) in China.

The parties agreed to sign an initial purchase order in September 2005 and CEIEC agreed to purchase not less than $10,000 of the Filtration Systems as samples. The non-binding LOI is subject to the negotiation of a final agreement outlining the terms and price of the purchase orders.

Mr. Dori O'Neill, Essentially Yours Industries (Hong Kong) President and CEO stated, "During my recent trip to Hong Kong, I had the opportunity to meet with CEIEC representatives. Negotiations are ongoing however we have not yet reached a definitive agreement."

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 EYII 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.
          Jennifer Trevitt
          Investor Relations
          (604) 759-5017
          [email protected]

          AGORA Investor Relations
          [email protected]
          http://www.agoracom.com/IR/EYI

ehos

The news means that when the LOI is turned into a real contract (like HYRF), EYII should shoot up.

I'm happily holding as well.  Just waiting for them to announce the contract (and hope it shoots 400% like HYRF did!)   I can understand now why EYII was lagging behind HYRF.

atalltexan

Market doesn't have much faith in the deal.  Not sustaining much of the recent move.  I am hoping that it can hold at .10 by the close today.

Amarens

Must say I wish I bought on this low...  :(

Will shoot with David for that $ 0,32  8) (kind of cool  ;))

We have had better days in the last weeks.

Prfsr Hal

The revised LOI is for $10,000 of business.  Is that right??   

AussieTrader

Quote from: Prfsr Hal on September 13, 2005, 12:22:51 PM
The revised LOI is for $10,000 of business.  Is that right??   

$10,000 That is the sample order and that in a sense is the reason for the sell off, people were expecting the whole contract to be inked, but instead just the sample order is confirmed.
AussieTrader
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ehos

The order is for 30,000,000 Units. 

HYRF is starting to build them, but, it's been stated many times, that only EYII has exclusive rights to SELL it.  So, when the contract is 'inked' (when the details are worked out), then we will know for sure.

HYRF's contract is inked to build them.  So (logically) it would make sense that the Chinese would sign to buy (I betcha they're working out the exact price, delivery etc).

digitx

What you are saying makes a lot of sense. If there is an order for 30,000,000 units and HYRF is building them, then only EYII can sell them. It is logical to say that EYII is just finalizing the deal with the Chinese. Otherwise, I don't see any reason for building 30,000,000 units.

Hope it turns out good for all.

-digit
Have a nice and profitable day

-digitx

catrader

is everyone in this still holding?  lessone learned, sell 1/2 at 100% profit, could have done that here.  watching it fall back from 0.17 to now like 0.085 is nerver wrecking.  hope the pr of the inked contract comes out soon.  when would you exit this trade?  like david r., only at 0.32 or more?

fill_the_gap

To clarify:

Show where the 30 million is inked for HYRF ?

They are tied to the same Purchase Order as EYII as I understand it.
Same 10,000 sample is all the commitment is for.

Now, the fact that HYRF set up manufacturing and EYII is setting up Chinese offices may foreshadow the strength of the deal.
Just one opinion, do the research

KCScott

uh-oh.....

QuoteEYI Industries Inc. Clarifies Letter of Intent with CEIEC
Tuesday September 13, 8:00 am ET


BURNABY, British Columbia, Sept. 13, 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, announced in a news release dated August 12, 2005 that it had entered into a letter of intent (``LOI'') with Guangzhou CEIEC Enterprise (Group) Co. Ltd. (``CEIEC''), a China based company. Pursuant to the terms of the LOI, CEIEC agreed commencing in September 2005, subject to further negotiations respecting the terms and price of the purchase orders, to enter into certain purchase commitments to purchase up to 30,000,000 of EYI Industries' Code Blue(tm) water filtration systems (Code Blue(tm)) and to acquire the master agency rights to market and distribute Code Blue(tm) in China.

The parties agreed to sign an initial purchase order in September 2005 and CEIEC agreed to purchase not less than $10,000 of the Filtration Systems as samples. The non-binding LOI is subject to the negotiation of a final agreement outlining the terms and price of the purchase orders.

Mr. Dori O'Neill, Essentially Yours Industries (Hong Kong) President and CEO stated, ``During my recent trip to Hong Kong, I had the opportunity to meet with CEIEC representatives. Negotiations are ongoing however we have not yet reached a definitive agreement.''

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 EYII 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.
          Jennifer Trevitt
          Investor Relations
          (604) 759-5017
          [email protected]

          AGORA Investor Relations
          [email protected]
          http://www.agoracom.com/IR/EYI

Frederick/ David - Your thoughts?

Those that think money can't buy happiness, don't know where to shop

ehos

http://biz.yahoo.com/iw/050907/094719.html

"The new manufacturer will produce over 2 million pitchers and 6 million filters per year; providing the company more opportunity for order fulfillment than ever before."

Could not be any clearer than that ftg.

That would put them in line with the other projections of orders of the INITIAL $210 Million dollar deal.


fill_the_gap

#118
HYRF's contract is inked to build them.  So (logically) it would make sense that the Chinese would sign to buy (I betcha they're working out the exact price, delivery etc). EHOS
-----------------------------------------------------------------------------------------------------------------------

Ehos,

Called Dennis, HYRF CEO.
Nothing is Inked.
All projections.
He has not even visited the facility.
I questioned the size being the equivalent of over 1 million square feet.
He wasn't even sure ?
And has heard nothing since the purchase order for the 210 million dollar order when I directly asked him.

Obviously, the market sees it as not being " inked ".

That said, the logical conclusion is that the deals will go through.
But saying it does not get any clearer than that, the market needs it to be officially inked.
Hopefully soon.

Call Dennis with any questions, he is receptive to investors.
Just one opinion, do the research

Matix04

Hey guys, just had a question:
Does anyone know of any stocks that had a similar Letter Of Intent, whose contract was finalized? I understand that each stock is individual with its chart pattern, but it might show what kind of price movement we can expect if the contract is finalized, and what kind of price movement we can expect with the following days.  I feel that this can possibly help with finding a good exit point, seeing if it moves up following the contract, or if the day of the contract is the highest point. Thoughts or input appreciated! Thanks in advance.  ;D