Latest PR Firm Finding Buyers It seems to me that the latest PR firm hired to push this stock is effectively generating publicity and bringing in loads of buyers.
Unfortunately, those Anonymous sellers have been selling faster than the buy orders have been arriving ... and so depressing the price.
There is a lot of stalling on getting any actual ownership in this Block 7. That has been EM management's strategy on other properties too - spin out the process but never actually get to the goal.
When I suggest all this PR activity and dragging out the process is really about finding a market for some 114 million shares that were mysteriously obtained from the treasury for less than a cent each I'm referring to this TSX link.
https://infoventure.tsx.com/TSXVenture/TSXVentureHttpController?GetPage=Financings&PO_ID=41943&HC_FLAG1=checked
It shows that in May 2009, 57,000,000 units were released for $855,000.
Since there has been a 2 for 1 stock split since then, 114,000,000 Emperor shares were obtained for three quarters of a cent each. I believe these continue to be sold anonymously under the current promotion.
Now see who was selling today and make your own guess about what's going on.
House Positions for EM from 20121220 to 20121220
| Ex |
House |
|
Bought |
$Value |
Ave |
|
Sold |
$Value |
Ave |
|
Net |
$Net |
|
69 Jordan |
|
152,500 |
59,084 |
0.39 |
|
0 |
|
|
152,500 |
-59,084 |
|
68 Leede |
|
100,000 |
39,000 |
0.39 |
|
0 |
|
|
100,000 |
-39,000 |
|
85 Scotia |
|
62,000 |
24,184 |
0.39 |
|
0 |
|
|
62,000 |
-24,184 |
|
7 TD Sec |
|
42,500 |
16,914 |
0.40 |
|
0 |
|
|
42,500 |
-16,914 |
|
13 Instinet |
|
56,500 |
21,822 |
0.39 |
|
16,500 |
6,540 |
0.40 |
|
40,000 |
-15,282 |
|
46 Macquarie |
|
50,000 |
20,000 |
0.40 |
|
12,000 |
4,560 |
0.38 |
|
38,000 |
-15,440 |
|
2 RBC |
|
39,769 |
15,545 |
0.39 |
|
10,000 |
3,925 |
0.39 |
|
29,769 |
-11,620 |
|
79 CIBC |
|
15,000 |
5,950 |
0.40 |
|
0 |
|
|
15,000 |
-5,950 |
|
124 Questrade |
|
14,210 |
5,399 |
0.38 |
|
0 |
|
|
14,210 |
-5,399 |
|
9 BMO Nesbitt |
|
11,000 |
4,150 |
0.38 |
|
0 |
|
|
11,000 |
-4,150 |
|
59 PI |
|
9,500 |
3,775 |
0.40 |
|
1,143 |
448 |
0.39 |
|
8,357 |
-3,327 |
|
22 Fidelity |
|
7,300 |
3,020 |
0.41 |
|
0 |
|
|
7,300 |
-3,020 |
|
36 Latimer |
|
1,280 |
501 |
0.39 |
|
0 |
|
|
1,280 |
-501 |
|
58 Qtrade |
|
1,000 |
380 |
0.38 |
|
0 |
|
|
1,000 |
-380 |
|
33 Canaccord |
|
10,084 |
4,170 |
0.41 |
|
27,000 |
10,890 |
0.40 |
|
-16,916 |
6,720 |
|
15 UBS |
|
0 |
|
|
53,500 |
20,828 |
0.39 |
|
-53,500 |
20,828 |
|
99 Jitney |
|
500 |
195 |
0.39 |
|
103,000 |
40,345 |
0.39 |
|
-102,500 |
40,150 |
|
1 Anonymous |
|
78,500 |
30,110 |
0.38 |
|
428,500 |
166,663 |
0.39 |
|
-350,000 |
136,553 |
|
Total |
|
651,643 |
254,199 |
0.39 |
|
651,643 |
254,199 |
0.39 |
|
0 |
0 |