ETVL info--First of all, the spread is wickedly unfair right now. There was some buying that made the MMs get a little more honest, but it promptly went to .08 bid, .16 ask. That part bites.
Second, I talked to someone at the company (not Stanely Priskie, he is out today). I was told that the website launch is, indeed, very close. I would be surprised, however, to see the launch tomorrow based on what I was just told. They are testing the site today and are planning to test it tomorrow, as well.
The company is very skittish about stating a firm date for release, given what happened last month. I was told, however, that they are now hoping to launch on Monday (again, that is not a firm date).
Anyway you look at it, the fuse is burning down. It will be interesting to see what happens next week, if and when the site gets launched and a little volume comes after this stock. Not a recommendation to buy at this point. Wicked spread means you would have to be pretty gutsy to buy it now. I would encourage anyone to follow-up with the company to see if they tell you something that either confirms, or is inconsistent with, what I've just posted. |
