Like to hit on a couple of more things, when edii aquired Northeastern plastics for 25 mill restricted shares a certain blue blood, cognac sniffin finance manager with, mba, bba, mma and E I E I O, made a comment that they had to use shares for the aq., because they couldn't get a loan..Leave it to someone who's job description begins with the word finance, to cringe when they hear assets were aquired without going into debt. Then he brings up shares being diluted, and everything else under the sun, well guess what, who gives a damn. Daniel Dror had a plan from the start of where he wanted this company going, he could have got a loan, pay interest on it for years, kept the total shares the same, and kept a good little penny stock trading around a quarter for years to come, but thats not what he had in mind, from day one his plan was to take edii to nasdaq or american. He let shareholders know this, and he took chances, and to get anywhere in life, or business chances have to be taken. Mr. Dror knows that in order for any company to trade on a big board, they have to meet min. net worth, min. yearly rev,s, min. # of shareholders. So Mr. Dror began aquiring well established companys, that were both profitable, and in most cases had very little comp.in their certain niches, if any at all. He aquired these company's with cash on hand, and the issuance of restricted shares of stock. Now most people will agree that penny stocks are very volitale, I beleive Gerald M made a comment that investing in penny's is not investing, it's Gambling. All I got to say to that, is Mr. Dror HAD ONE HELL OF A BUSINESS PLAN HE TOOK TO THESE BUSINESS OWNERS, TO BE ABLE TO PICK UP SURE PROVEN MONEY MAKING COMPANYS FOR RESTRICTED SHARES OF PENNY STOCK(think these business owners adhere to the you gotta take chances to get anywhere in life phillosphy too). They, all being succesful businessmen, saw that Mr. Dror was going to take a 2 cent a share bb stock co., and put it on the big board, and they felt good enough about his plan, that they were willing to sit on a penny stock for up to three years, before even considering getting paid. So when this stock is rollar coasting, I think bout the ex-owner of one of our 25 million dollar a year co. we aquired for restricted shares, and figure if he has millions of dollars worth of faith in Mr. Dror's business plan, then i can damn sure trust it with what I have in. So he has delivered, he has aquired enough rev.'s, assets, and number of shareholders. He is still aquiring companys, and once listed on one of the big boards, he will be able to aquire more companys, that fit into EDII's business plan.
Lastly, some people may have been under the impression that all edii was doing by announcing they intended to become fully reporting, was that they intended to stay a bb, just become a reporting bb. Well that has never been the case, they have intended to become a big board trading co. from the start. See there is a rule change bein considered right now by SEC, to kick all non-reporting bb stock off of the pubblicly traded venue, and all bb stock wishing to stay, would have to start reporting or start packing. The point being, EDII could have made an announcement that they would become reporting so that they would be in compliance with SEC when the ruling comes out, but nope they came out with an announcement that they were becoming fully reporting, because they intend to leave the bulliten board for the big board, and no one's looking back...Like I said before, this is a stock of a lifetime, and I don't give a damn what these idiots are saying, because for us, the ones who have DD'ed, watched, listened, read carefully, and seen with our own eyes, we know where this is going, and this is no gamble, it's just Good business..Ken M |
