Monday, September 28, 2009

EWRC - Dumb and Dumber



Let's see.  As of last check EWRC traded hands at $.0008, yet over two weeks ago someone was willing to buy all 6.6 billion outstanding shares for $.019.  The purchase price is over $100 million.  Why not buy the seemingly unlimited supply at sub $.001.  Even better why not wait until EWRC does its next reverse split.  If your lucky the outstanding shares will be reduced by the tens of thousands and the stock price will plummet soon there after.  

Someone tell me why anyone with half a brain would offer to buy a stock, that has done nothing but crumble in value for as long as stockcharts is willing to provide a history of this stock, for $.019 if they can buy all they want at $.0009/.0008 and ultimately, before years end (at the current rate of selling)$.0001?

Have you ever walked into your local supermarket and offered to buy a gallon of milk for $3,000?  Even more laughable is that the manager of that supermarket has taken over 3 weeks to finalize the absurdly profitable and historically insane offer. As we said before, it defies logic.  The market is already saying they do no believe this deal.

Let's hope some of you made money on this pathetic attempt to dupe "investors" and you have moved on.  Otherwise your likely to experience one of the few things EWRC's has ever been able to prvide consistently to its "shareholders", reverse splits and dilution.

2 comments:

Unknown said...

Over 3 weeks? That's a lie.

Robert Wilcox said...

I notice you didn't say the "absurdly profitable and historically insane offer" part was a lie.