MY OPINION I thought I'd share something from the
Post# of 3400
MY OPINION
I thought I'd share something from the EGOC Investors Facebook Group for everyone here that isn't a member. A question was asked on the board for opinions about the Private Placement Offering made by Energy 1 Corporation.
This was my input to the question:
The question was posed about what everyone's thoughts were regarding the Private Placement offering that Raymond Brown has offered to all shareholders. I've already expressed my opinion so that's no secret. First of all I believe that E-1 will immediately be valued 10x to 20x the current prices. M/L has positive monthly cash flow and 4.5 million in assets. I believe Ray will try to aggressively grow the business and I believe he will succeed! I also believe that Ray has a sound business plan and acquiring M/L will springboard E-1's business plan because of M/L's existing customer base and the customers that Stu has wanted to sell to but didn't have the ability to grow. If M/L couldn't service it's customer base before because of funding, what do you think the demand will be for E-1 truck's that get 35% fuel efficiency and CARB compliant emissions? Ray's goal to get to 750 trucks is highly achievable, especially with some marketing that doesn't exist today. There's no question the PPS will go up, especially when we're out of Pinkyland! I will say this though, it's not going to happen without financing now and along the way. I see this opportunity a little differently. I see it as not only helping the company but helping my investment and at the same time I'm buying an insurance policy by holding convertible 144 shares. If in doubt make sure you go back and read it over again before just following the pack. The pack is not always right. Think of a tree full of monkeys and you can either be at the top where the view is very bright or be at the bottom looking up at a bunch of a-holes. OR.....Unless your the lead dog the view never changes. This is only my opinion.