3SOF

Quote from: oicpecnoc on September 26, 2005, 05:18:55 PM
Any chance this will be received with less enthustiasm than we all aniticipate?  It is about 170 million short of the LOI in terms of guaranteed purchases, and they retaiin the right to buy less with enough up front notice.  If it runs huge, and by that I mean past .16, I think it is a bet on the product being a hit in China, and demand being huge, not the #'s released.  If demand is high for the product in China, this will fall under the "0H MY" category. 

The future press releases could read something like this.  China orders 25% more in the 1st quarter as demand for code blue grows.  Or china doubles their required purchase this quarter."  This is not to mention any other contracts they might be able to sign elsewhere. 


On the other hand, a future press release could read, "China lowers order from contract on low demand". 


Time will tell. 

I see what you're saying....but here's my take on it.  Who really thought that they would get a guaranteed $210M contract signed?  If you were CEIEC, would you sign a contract for that much when you are not even sure there will be a demand for the products?  I wouldn't.  The contract is set up exactly how any rational person would expect it to be set up, with a guaranteed portion and then an optional portion.  I agree that we may not see the $1.00 mark any time in the very near future due to the somewhat mild guaranteed figures, but I think that's purely a safety precaution that CEIEC is implementing (and understandbly so).  I think if you have patience with this stock, and wait for the revenues to actually come in....it will rise eventually to well over $1.  And if the market takes it very well, that could even be soon.  I can see it going both ways, so we'll just have to wait and see.

oh my lord! It is True! I never thought it would happen this quick!

I think I will sleep well tonight with 100% of my portfolio currently invested in Eyii.ob.   

I completely agree except the contract is actually quite favorable to EYII.  With small companies and new products, getting a guarantee at all is relatively impressive, and it seems to show some level of faith in the product.  Could it all be a bust?  Well of course it could - guaranteed contracts and big revenues and stock at 11 cents a share do not go together!  Yes, another blinding glimpse of the obvious.     What the contract should do, however, is limit the already neglible downside risk for awhile ... but the potential upside is still there. 

Quote from: TRUNK on September 26, 2005, 06:39:47 PM
oh my lord! It is True! I never thought it would happen this quick!

I think I will sleep well tonight with 100% of my portfolio currently invested in Eyii.ob.   

Hi TRUNK,

You are very lucky 
100%..!?!?...... but what about money management? 

All the best,
gri64

There is a real need for Code blue in China. Read the article below....
2005-9-24 12:14:42 CRIENGLISH.com

China's State Council has urged local governments at all levels to ensure the supply of clean drinking water.

The State Council says China's limited water resources are threatened by pollution, and efforts to assure the safety of the water supply within cities are faced by severe challenges. Relevant offices within the State Council are to draft a plan on guaranteeing clean water resources.

The plan will include measures to protect and properly allocate water resources and to establish a drinking water reserve system. Some cities will be directed to speed up their efforts to construct and upgrade water supply facilities.

Intense demand from booming Chinese industries and farms and from the country's sprawling cities - some of them with populations of more than 10 million people - has left many areas of the country without adequate water supplies. In rural areas, the water supply has been found to contain large amount of fluorin, arsenic and the schistosome parasite.

More than 100 of China's 660 cities are reportedly facing extreme water shortages. China supports 21 percent of the world's population with just seven percent of its water supplies.

(Photo: Baidu)

some more news regarding EYII
Source: EYI Industries Inc

EYI Industries, Inc. Signs Chinese Agency Agreement With CEIEC
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."

Good luck to all involved

Quote

but what about money management? 

All the best,
gri64

Quote

lol.. I'm just playing with chump change in the market. I don't reccommend anyone else go 100% in any stock unless your ok with losing it all and or you love to gamble.. I was willing to lose it all. 

Someone bought 223,000 shares at .098 today..looks like they're gonna go out for a nice dinner tommorow! 

Quote from: JMoney on September 26, 2005, 10:43:55 PM
Someone bought 223,000 shares at .098 today..looks like they're gonna go out for a nice dinner tommorow! 

 

How is that even possible?  I saw that, and it's surrounded by higher sale prices.  How can someone buy at .098 when .104 was the selling price before and after that??

Shakes head.  Makes me lose a bit of faith in 'the system'. 

Quoteehos.Makes me lose a bit of faith in 'the system'.

Ehos Faith and the Stock Market are pretty much mutually exclusive

OK, so the news is now 'slammed into the wires' to quote David from a few days back. The market was waiting for contract confirmation, well here it is. I cannot predict how it will be viewed but I am ready to sell at..........$1 lol.

FYI EYII historical high is $1.50 (1999) this might be a false number with any splits etc that have happened along the way. Now that would be nice

Good luck to all and don't forget to take some profits if this train gets moving.

EYII has a market cap of $18.46M. From this deal alone it will sell at least $21M in 2006 and $21M in 2007 (actually revenue from the deal will start now in October 2005).

But I believe CEIEC will need to buy much more Code Blues from EYII. If they buy it all, it will be $42M in revenues in 2006 and $168M in 2007. I want to remind you again that this is a $18.46M market cap at this point.

This is for China alone, but the company is making efforts to sell its products worldwide - all the stock of Code Blues the company had was sold in the US in just one week. We've seen the product for sale in Germany and the UK, and I can already see small entrepreneurs buying Code Blues at a discount price to sell around their place.

EYII's business model reminds me of Amway's (http://www.amway.com/en/default.aspx), something that came from the US and everybody was selling it here in Europe. But, more than this, the company has secured this transaction with CEIEC that will bring liquidity and security to investors in order for the company to grow and sell its products worldwide in the near future.

I'm going to buy one Code Blue for myself today, and even thinking of making a partnership with a friend of mine to import some Code Blues to sell in Portugal and Spain, a market with 50 million consumers. I know my mom and my friend's moms would buy, everybody is suspicious about the water coming out of the tap.

Anyway, to me this stock is worth many times more than its current market value. I have patience and will wait whatever is necessary for the share price to increase to my selling point which you know what is, because those are the rules of the game. Though I think the stock has the potential to rise a lot further.

But today we need to break the $0.16-$0.19 resistance level. The company was telling the truth, many people didn't believe it, but here's the news. The first of this kind as the product goes for sale worldwide. For the coming quarters I see «record sales», «profits growing X fold», «EYII expanding to new markets», «EYII selling its other products to the distributors gathered by code Blue», «EYII goes to AMEX, NYSE or Nasdaq», «EYII at a new all time high above $1.5» ....

Good luck to all those holding, but don't start crying if its still not today the stock breaks $0.16-$0.19, it will do so in the future and that's good enough for me 

15 Minutes before the market opens and I'm showing .145 Bid - 14.9 Ask.

I'm thinking .16 gets taken out early this AM.

I'm reminded of David's sage advice of Buy the Rumor, Sell the News.

Watch this one close today and good luck to all

news out:
EYI Industries Inc. (OTC BB: EYII), to the investment community! EYI Industries is new to Market Pulse and is poised to become a significant player in the wellness products industry! EYII has had several excellent news announcements out lately and one again after Monday's bell. 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." This could be huge news for investors! Other notable stocks that should be watched because they look great lately from a fundamental and technical perspective include...

http://www.knobias.com/individual/public/news.htm?eid=3.1.4cf11fdfc1b168372a85201b55f008fb0a52f6fab9e3be6a058799298bbdf187

looks like the intra day gap might fill?
anyone,
maxi

Well, based on recent history, the gap should fill. Maybe not today, but soon.  I'm a bit surprised that it didn't test the .19 high set on 8/12 but the day is still young but I can't see it based on the action thus far.  We are on track to set a record 52 week volume high today.  It would be good to break .19 under these conditions but its pretty hefty resistance to overcome.  If it blows past .19 on volume, the gap may never fill.  I'm hoping that it fills though, that removes a potential obstacle.  If it fills, I'll probably buy more, but I'll certainly buy more if it trades back down well below the gap.  If we test .18 today and don't break it, I might unload some and wait for a puillback.  All depends on the volume setup for me.  If we break .18 and stall at .19, I'll certainly sell some and wait for a pullback.  For me, if we don't break .18, we're likely to fill the gap.  It might take some sales news to break .19 then.  Looks like we won't break .18 today though.  My vote goes for a gap fill.    AIMHO.  Of course, more news and the whole thing changes...