E1 friends, I post infrequently these days on a
Post# of 3400
Posted On: 09/09/2012 1:32:08 AM
E1 friends,
I post infrequently these days on any board but not because I have lost faith or confidence in our investment and the company but rather because I feel if you don't have anything insightful or productive to say, I'd rather remain silent.
I came into this over 2 years ago with a very different mindset than most when investing in a company trading in the pink sheets. The normal investor in this market is looking for the short term return, immediate pump with multiple PRs, etc. Frustration exhibited here is to be expected given the pinky trading mentality. And yes folks I consider 1 year to be short term cited. Especially when dealing with a TRUE startup company dealing with funding issues as most do.
Take this for what it's worth. It may mean nothing to most of you but may hopefully add to confidence. What I do for a living for my company is analyze undervalued companies for possible buyout if the company fits within the strategic portfolio. I'm also responsible for selling off segments of our business that our either no longer growing, profitable or not falling within our strategic mix. I've been doing this for nearly 20 years now as VP of Finance for the past 5. As you can assume there are many many variables that are analyzed when assessing whether a company or product is a viable candidate for buyout.
This I can tell you with 100% assurance. If I were in this same position in the automotive and/or trucking industry I would recommend approaching E1 management with a buyout of the intellectual property in a heart beat! It comes down to product performance, timing, need and potential demand for the product. All of the above hit the mark for E1.
Am I saying that E1 is ripe for a buyout?? I have no idea. I'm not in the industry but what I am illustrating is the monster potential here from a seasoned finance executive with a strong track record of picking winners.
Now regarding the performance or lack there of relative to the pps over the last year. There are a number of things that have kept this down or unable to hurdle resistance. To me we never recovered from the failed first attempt with ML. That hurt credibility am stalled all other dealings.
Folks this is why Ray is not going to breath a word of this formally until the freaking deal is signed, sealed and delivered! The LAST thing he will do is jeopardize this deal for a temporary pps bump of 25-50%. Is the pps lower than low right now? Yes. Will it be much harder to break through resistance and be primed for flippers at these levels? Of course. But folks what is in the works here is a solid business plan to be operating as a 50-100MM revenue generating company within 2 years. Think about that. Do the math with simple PE ratios and see what market pps should be.
Ask yourself whether you are truly in this as an investor or a trader.
Long winded as usual
. Good night friends.
I post infrequently these days on any board but not because I have lost faith or confidence in our investment and the company but rather because I feel if you don't have anything insightful or productive to say, I'd rather remain silent.
I came into this over 2 years ago with a very different mindset than most when investing in a company trading in the pink sheets. The normal investor in this market is looking for the short term return, immediate pump with multiple PRs, etc. Frustration exhibited here is to be expected given the pinky trading mentality. And yes folks I consider 1 year to be short term cited. Especially when dealing with a TRUE startup company dealing with funding issues as most do.
Take this for what it's worth. It may mean nothing to most of you but may hopefully add to confidence. What I do for a living for my company is analyze undervalued companies for possible buyout if the company fits within the strategic portfolio. I'm also responsible for selling off segments of our business that our either no longer growing, profitable or not falling within our strategic mix. I've been doing this for nearly 20 years now as VP of Finance for the past 5. As you can assume there are many many variables that are analyzed when assessing whether a company or product is a viable candidate for buyout.
This I can tell you with 100% assurance. If I were in this same position in the automotive and/or trucking industry I would recommend approaching E1 management with a buyout of the intellectual property in a heart beat! It comes down to product performance, timing, need and potential demand for the product. All of the above hit the mark for E1.
Am I saying that E1 is ripe for a buyout?? I have no idea. I'm not in the industry but what I am illustrating is the monster potential here from a seasoned finance executive with a strong track record of picking winners.
Now regarding the performance or lack there of relative to the pps over the last year. There are a number of things that have kept this down or unable to hurdle resistance. To me we never recovered from the failed first attempt with ML. That hurt credibility am stalled all other dealings.
Folks this is why Ray is not going to breath a word of this formally until the freaking deal is signed, sealed and delivered! The LAST thing he will do is jeopardize this deal for a temporary pps bump of 25-50%. Is the pps lower than low right now? Yes. Will it be much harder to break through resistance and be primed for flippers at these levels? Of course. But folks what is in the works here is a solid business plan to be operating as a 50-100MM revenue generating company within 2 years. Think about that. Do the math with simple PE ratios and see what market pps should be.
Ask yourself whether you are truly in this as an investor or a trader.
Long winded as usual
. Good night friends.
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