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EYII.OB

Started by evgeny05, August 12, 2005, 08:48:15 AM

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gmarc66

Hi Evgeny05!

is this good or bad?

thanks

julia

evgeny05

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.

gmarc66

Thanks for your reply evgeny05 :)

julia


fill_the_gap

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.
Just one opinion, do the research

evgeny05

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.

digitx

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,
Have a nice and profitable day

-digitx

evgeny05

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.

fill_the_gap

#68
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.

Just one opinion, do the research

evgeny05

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.

fill_the_gap

Not sure what you are asking ?   ???
Just one opinion, do the research

evgeny05

Hi  fill_the_gap !

Excuse for my English .

Why you write about Cornell some times?

Regards.
Evgeny.

fill_the_gap

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.
Just one opinion, do the research

evgeny05

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.

evgeny05

1.6 Year


Regards.
Evgeny.