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Gold/Mining/Energy : EYPSF - ENERGY POWER SYSTEMS LTD -- Ignore unavailable to you. Want to Upgrade?


To: Sir Auric Goldfinger who wrote (8)11/20/2001 10:22:52 PM
From: blebovits  Read Replies (1) | Respond to of 60
 
Energy Power Closes Us $2.8 Million Private Placement Financing

biz.yahoo.com



To: Sir Auric Goldfinger who wrote (8)12/14/2001 2:54:03 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 60
 
shallow understanding of objective opinions
consider the "usual" method of obtaining info on a new stock
like an IPO from a brokerage house, say Alex Brown
let's say it is 1987 and Staples is looking to launch an IPO
their underwriter was indeed Alex Brown
so information is disseminated to promote the new stock
AB comes out with ample info touting its financial prospects
and AB earns 7% of the entire new float
AB gets the best possible price, and even leftover shares
they earn million$ in fees, almost zero risk

do they put out negative info?
do they explain fully all the risks?
usually not
if they do, most often risks are stated in boilerplate terms
yet so many investors are silent about this fraud
have you ever submitted a market order on a popular IPO?
ugly fills

now fast forward a couple years, and Staples wants to sell more stock
or they want to issue corporate bonds
who do they go to?
Alex Brown, of course
any other brokerage houses were probably smaller participants
a relationship has been building between Staples and ABrown
AB wants to make another eeeeassy 7% cut on a 2ndary issuance

does AB mention any horrible news about the firm in previous years?
no way, wouldnt be prudent, might risk new underwriting

also, who do you think Staples will phone first on breaking news?
ABrown, of course, so they can unload a quantity of shares
and avoid a nice markdown in share price

Mr Auric, you show kneejerk response to OTCJournal
and to MarketByte LLC for their business
your criticism seems shallow and lacking
even contemptuous and nasty
at least MB LLC puts a disclaimer on their notices
their report seemed to me to be rather professional and objective
so they earn for one year of work 100,000 shares in EYPSF

is the SEC filing also fictitious?
deceptive report on cashflow EBITDA?
inaccurate on new drilling division?

I have never seen a disclaimer by a brokerage house
I am all too aware of their practice in "distribution" of stock shares in small lesser known companies to unsuspecting public
when their real motive is to "dump those dogs"

I challenge you to come up with actual deception by OTCJ.com on EYPSF
hiring a Public Relations agency is not deceptive
it is business
same as advertising, brokerage, promotions
just business
sure, Energy Power Systems could embark on its own PR campaign
call WallStJournal, NYTimes, Forbes, and 30 other publications
but they might be criticized for lack of PR experience
better to hire professionals

is Sprint PCS to be condemned and decried for hiring TV ad agencies?

how else does a small firm like Energy Power Systems achieve publicity?
if you were a young firm, with integrity, with growth prospects,
what would you do to gain publicity and promotion of your stock?

also, Scott Fraser is also clear in his disclaimer
I suspect he has invested in EYPSF himself
so what if he has Elite Subscribers at $1000 a pop?
did all his touted stocks in past years return to zero?
I think not, surely some pooped out though
Ultra Petroleum is still rolling onward and upward

Fraser may have prudently sold with the shorts at 6 though
but if he bought back at 4 to 4.7, then more power to him
his lowered cost basis is only a byproduct of the treachery of shorts

disclaimer: I have a small position in EYPSF, might add later

thanks, Jim