RE: My View on Erin VenturesHi RUSmart.
Interesting views.
Can you answer a few questions. If you have been a shareholder since 2005 and have over a million shares, why did you decide to register and post today for the first time?
"Even I am suspicious about some management who play the recent PP...". What do you mean by this statement? What is your definition of playing a PP and who are you talking about?
"who they are selling to, why they are offering low price PP, why not PP at the time of even 15 cents...". I am guessing that they needed cash as they are not generating any cash from operations. When it was 15 cents, they did not need cash. EV has a history of doing a lot of small dollar value PP as they need cash.
"-I think, blocking of share price from moving up, might cause by takeover company who are smart enough to play the game...". The selling has to come from someone that has shares. A takeover company would not have shares to sell. The short sale report does not show a lot of short selling, so this is folks that already have shares. So are you saying that a takeover company has contacted a group of PP shareholders to continue to sell and keep the price down? Don't forget that for every share sold, there is a buyer. If a takeover bid comes, it will have to be approved by shareholders. Since May 1, there have been 29 million shares traded. who do you think bought those? My guess is, it is people that understand the value of EV and would not approve any takeover bid that did not realize the value.
"I don't think old PP holders are happy to sell for penny gain, as they are smart, and know value of the company as we "retail investor" do.", If old PP holders are sitting on millions of shares and millions of warrants, They can take money off the table with 200% or 300% profit and still sit with millions of warrants absolutely risk free. That is a prudent investment strategy. There are no sure things in this world. EV shareholders should know this better than anyone else.
I agree with your last statement..."Exciting time ahead of us"