The Canadian residual:
Dear Jorj,
A broker at Kirlin Securities told me today that the residual effects of the shorting tend to scare off some (not all) potential buyers for a bit. Usually the cycle can be broken in a few ways: one of which is some kind of big announcement, something that smacks of revenue coming in - one way or another. The more we can tout our "goods' and potential to the big players on and off the Street, the more chance of placing the public eye on us.
Your analysis of the high volume vs. the somewhat disappointing close of the stock is apt to be on target. Originally, I had looked to July 14, which I correlated with Bastille day, to be the breakpoint. I still believe that to be true.
Now, of course, the simple trick to end this game is to shrink the supply which Tom has done, but that too takes time, for demand doesn't simply create itself just because the supply has been diminished. (If I've got the last 1913 Ford model T, operational and in mint condition. I've got to let that be known. I have to target my audience, and let the bidding frenzy begin.)
That's where I come in. Tom, as you know, just paid me the honor of taking me on board as a member of his crew. I don't take this appointment lightly. Thus, I am touting our company to various brokers and brokerage firms. If one of these firms pops in for a half mil shares and makes it part of their Press Release, then hold onto your seat. In similar manner, I am trying to get to a consortium of physicians who might be ripe for an agressive investment.
On some personal level, we all can do this kind of "advertising". We have to let people know what the company is doing. It will be difficult for some to understand the concepts of the P E R F E C T transportation of money, banking the unbanked, encrypted transactions on the internet, but if explained in layman's terms, people are going to discover that ECNC has an unbelievable advantage over our 20 or so competitors. This month and next, things are going on to actually implement what was heretofore merely ideas.
My own ad for magnetic products is being placed this week by Gerry Gay in 20 sites in Southern California, including the Admiral's Lounge. Jorj, Think of what will happen when we hit the SKYMAL with our Paymasters. Note, I haven't even mentioned the sportsbetting and 777WINS.
In short, the wisest of your words in message 314 are "Day by day does not count." The really exciting part is when the old time blue chippers said that they were patient and were willing to wait for their day, they were talking years - This internet business has proved over and over again that the explosion can occur in a very, very short period of time. But it does take some time, obviously. Sure the AOL people had to be patient as we have to be now, but not that patient ;-) Sounds like hype, but we can be the next AOL. It's a heck of a good BETT.
Ranger
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