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Easy Technologies Inc EMYSF

Easy Technologies Inc is engaged in providing a range of medical and health technology services and applications based on an internet and mobile phone platform.


GREY:EMYSF - Post by User

Bullboard Posts
Post by upmarketson Oct 02, 2004 8:30pm
261 Views
Post# 7998461

no pressing need for a rollback

no pressing need for a rollbackReasons to rollback a junior: 1 brains blown out , no money , no property results 2 no control block 3 too many shares to be able to raise money without severe dilution 4 dilution makes it impossible to trade stock up without a quality advance project or to raise the money to do so 5 need a lot of cash for a project and no debt conversion in wings 6 ie is a wounded dog- You roll back to establish a fresh company to promote from nothing again EZM doesn't fit above scenerio -- Now has a quality mine taken over - a ton of shares were issued, converted or ready to convert, already, in 10 to 25 to 45 to 60 cents range - cash was raised for takeover already and loans established - cash flow from sales to be strong to pay off loan in 2 to 3 years - and or cash flow can give funds or support loan to develop the Zinc property - I think they can raise a good sum from the Denver.. Resource ... group from their warrants? They might feel a rollback would help with next loan but I don't think is necessary as they may not need that much more outside money Soapbox time -- My pet peeve -( IMO ) : I believe historically that Reverse Split is an American term Americans seem to struggle with big clear words/concepts like CONSOLIDATE or ROLLBACK as we use in Canada (and of course we should support ) - Queen's English or Bush's Drawl ? Reverse Split to me has a false positive , obfuscating spin which America loves Why alter a positive word like Split when Management has failed and the investor is getting the Shaft? ( a well-known junior mining term ) Ever compare an SEC to a Sedar legal filing ? The juniors that are moving into or close to production would seem to be good to place into portfolios ( eg TKO ) Good Investing Upmarkets
Bullboard Posts