Penny Pick: EPYH.OB

[OhadOnFire]

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.

[Loffigus]

That's a large dividend 

[la-onda]

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.

[nutsterrt]

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.

[Shahar93]

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?

[gmarc66]

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

[gmarc66]

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

[la-onda]

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:

[puenthouse]

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.

[setravis]

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

[setravis]

(((((((((((((((((((((((((((((((((((((((((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.

[nutsterrt]

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  .

[nutsterrt]

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

[nutsterrt]

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