They released that bit of news because it was relative. There was no reason to release that. so I am going to respectfully "call you out" on you saying this:
"Last weeks news was put out so they could sell some shares or do another debt conversion"
This was the first press release this year. They had 9 last year(2013). Four were in may, Two were in July, One was in August, and two were in November. Take note that none were in June of 2013
2013 press releases:
11/25/13 Cirque Energy Inc. Closes Debt Restructuring on 8% Convertible Promissory Notes
11/20/13 Cirque Energy, Inc. Enters Joint Development Agreement with Northrop Grumman for Deployable Gasification Unit
08/30/13 Cirque Energy, Inc. Completes Name Change, Announces New Directors and Strengthens Capital Structure
07/22/13 Cirque Energy, Inc. Retains Tigress Financial Partners, LLC to Raise Capital and Support Strategic Growth Initiatives
07/19/13 Cirque Energy Provides Update on Davison Landfill Purchase
05/23/13 Green Energy Renewable Solutions, Inc. Cleared as Buyer for Purchase of Davison Landfill Assets from Richfield Equities, LLC
05/16/13 Green Energy Renewable Solutions, Inc. Merges with Cirque Energy II, LLC
05/03/13 Green Energy Renewable Solutions Shareholders Approve Increase in Authorized Shares
05/02/13 Green Energy Renewable Solutions Steps Back from Puerto Rico Transaction
2014 press release(singular).yes the only press release this year.....so far
DETROIT--(BUSINESS WIRE)--Mar. 24, 2014-- Richard L. Fosgitt, P.E., Vice President of Engineering and Technology for Cirque Energy, Inc. (OTCQB:EWRL) is scheduled to speak this Wednesday, March 26, 2014, at the International Biomass Conference and Exposition being held in Orlando, FL
Simple logic dictates that the assumption you are applying is not accurate. Given how conversions take place. I would be safe in saying that given that there were a total of four months where press releases were issued, and noting that conversions were applied every single month since January 22nd, 2013 through October 31st, 2013(per last quarterly filed), that the assumption of issuing a press release was for the intention of softening a conversion to market is simply false . A big smiley face for you none the less.
!!One other note........ June 2013 had the highest amount of convertibles come to market. In June...24,017,035 shares were sold into the market through conversions . JMJ had the lowest conversion price of .001. Those shares should have been issued prior to that month but were not. The total of all shares that were sold into the market via conversions accounted for 30% of all share volume for the month of June. The other 70% was retail ..and how did the "mob" due that month...........even with those converted shares coming to market????:
Let's put all that nonsense to rest once and for all....the facts speak the truth...............and they always will.
"Last weeks news was put out so they could sell some shares or do another debt conversion"
This was the first press release this year. They had 9 last year(2013). Four were in may, Two were in July, One was in August, and two were in November. Take note that none were in June of 2013
2013 press releases:
11/25/13 Cirque Energy Inc. Closes Debt Restructuring on 8% Convertible Promissory Notes
11/20/13 Cirque Energy, Inc. Enters Joint Development Agreement with Northrop Grumman for Deployable Gasification Unit
08/30/13 Cirque Energy, Inc. Completes Name Change, Announces New Directors and Strengthens Capital Structure
07/22/13 Cirque Energy, Inc. Retains Tigress Financial Partners, LLC to Raise Capital and Support Strategic Growth Initiatives
07/19/13 Cirque Energy Provides Update on Davison Landfill Purchase
05/23/13 Green Energy Renewable Solutions, Inc. Cleared as Buyer for Purchase of Davison Landfill Assets from Richfield Equities, LLC
05/16/13 Green Energy Renewable Solutions, Inc. Merges with Cirque Energy II, LLC
05/03/13 Green Energy Renewable Solutions Shareholders Approve Increase in Authorized Shares
05/02/13 Green Energy Renewable Solutions Steps Back from Puerto Rico Transaction
2014 press release(singular).yes the only press release this year.....so far
DETROIT--(BUSINESS WIRE)--Mar. 24, 2014-- Richard L. Fosgitt, P.E., Vice President of Engineering and Technology for Cirque Energy, Inc. (OTCQB:EWRL) is scheduled to speak this Wednesday, March 26, 2014, at the International Biomass Conference and Exposition being held in Orlando, FL
Simple logic dictates that the assumption you are applying is not accurate. Given how conversions take place. I would be safe in saying that given that there were a total of four months where press releases were issued, and noting that conversions were applied every single month since January 22nd, 2013 through October 31st, 2013(per last quarterly filed), that the assumption of issuing a press release was for the intention of softening a conversion to market is simply false . A big smiley face for you none the less.
!!One other note........ June 2013 had the highest amount of convertibles come to market. In June...24,017,035 shares were sold into the market through conversions . JMJ had the lowest conversion price of .001. Those shares should have been issued prior to that month but were not. The total of all shares that were sold into the market via conversions accounted for 30% of all share volume for the month of June. The other 70% was retail ..and how did the "mob" due that month...........even with those converted shares coming to market????:
Let's put all that nonsense to rest once and for all....the facts speak the truth...............and they always will.
