something is up..only 2 mm left on ask at .0003....buys pouring in!
73 mil vol
Posted by Burberry Boy on :
only left on ask now
84 mil
Posted by Burberry Boy on :
.0003(2) by .0004(6)
90 mil
if these 0004s fall then something may be up and we may really move
Posted by Burberry Boy on :
few buys starting to come in at .0004.
if we can break .0004 this could get real interesting
Posted by Burberry Boy on :
more .0004s!! level 2 looking better.
0003(4) by .0004(5)
93.5 mil
Posted by Burberry Boy on :
0004s are starting to fall
.0003(5) by .0004(3)
2.1 mil vol
very very thin on the ask side
2 at .0005 1 at .0006 1 at .0007 1 at .0008 1 at .0009 then 1 at .10
Posted by TruthLiesWithin on :
13.6B O/S
3.5B float
Good luck.
Posted by Burberry Boy on :
yes i know it has a ton of shares out there
but it ran from .0001 to .0004 so it can move.
now it has been consolidating between .0002 and .0004 for a while and now the .0004s are finally faliing so i think if the .0005s come up on ask then we should go to our next level which could be .001
Thanks
Posted by Burberry Boy on :
getting some .0004 buys now
Posted by Lockman on :
bid keeps getting stronger .0003(6) by .0004(3)...has been consolidating at .0004 for some time...looks like its ready to go to the next level which should be .001+ with pennies as hot as they are now it could run BIG
Posted by Burberry Boy on :
big 8mil + buy at .0005...this one is breaking out
.0004 just broke which was the big break...looks like consolidation is over and its time for the next run-up
.0004(1) by .0005(6)
35 mil vol
Posted by Burberry Boy on :
ECGA is at the high of the year here at .0004 by .0005...could break out soon
Posted by Burberry Boy on :
here we go...its running!
just bought more at .0005 and now .0006 is getting hit
breaking out here!
Posted by Burberry Boy on :
.0006 getting hit hard!
.0005(4) by .0006(4)
57 mil vol
i hear news is out but i cant find it !!!
Posted by bullitt49 on :
This is part of the article which had their financials:
For the fiscal year ended June 30, 2009, the Company reported record revenue of $110,084 compared to $64,327 for the fiscal year ended June 30, 2008, an increase of 71.1%. The increase in revenue is attributable to two factors: internal growth of two existing business units, Vance Baldwin, Inc. and Cyber-Test, Inc., and the acquisition of Tritronics, Inc., completed on August 1, 2008. On a pro forma basis, assuming Vance Baldwin and Tritronics had been included in consolidated results in full for both fiscal years, revenue for the fiscal year ended June 30, 2009 would have amounted to $111,974 compared to $92,417 for the prior fiscal year, representing, on a pro forma basis, an increase of $19,557. Although the Company’s revenue growth in fiscal 2009 was adversely impacted by a poor economic climate and the aforementioned bankruptcy and liquidation of Circuit City, year-over-year revenue nonetheless increased by 21.2% on a pro forma basis. For the fiscal years ended June 30, 2009 and 2008, operating income on a GAAP (generally accepted accounting principles) basis amounted to $7,835 and $2,240, respectively, with net income on a GAAP basis amounting to $2,858 and $4,047, respectively. Fiscal 2009 and 2008 net income includes the effect of an income tax benefit of $1,330 and $4,500, respectively, reflecting the recognition of a portion of the Company’s deferred tax asset attributable to its net operating loss carry forwards. For the year-to-date periods ended June 30, 2009 and 2008, non-GAAP adjusted net income and non-GAAP adjusted EBITDA amounted to $5,538 and $6,009, respectively, and $11,121 and $4,458, respectively.
Posted by Burberry Boy on :
u/t
now .0006s getting hit
if .0006 breaks this could take off
Posted by Burberry Boy on :
wow went up fast!! .0007s are here!
this could be big!
.0006(4) by .0007(4)
85 mil
Posted by Burberry Boy on :
.0007s are thinning with small buys
.0006(4) by .0007(3)
85.3 mil
Posted by Burberry Boy on :
just hit 100 mil vol with all buys at .0007! .0007 should fall soon
Posted by Burberry Boy on :
.0008s already getting hit!
.0007(2) by 0008(5)
109 mil
Posted by Burberry Boy on :
8s getting hit and thinning
.0007(3) by .0008(4)
115 mil
Posted by Burberry Boy on :
brought it down on nothing...buying more here at .0006....looks like it can break .001 today
Posted by Burberry Boy on :
back up to .0007
.0006(3) by .0007(2)
156 mil
Posted by Burberry Boy on :
news just out:
Encompass Group Announces Its Expansion into Canada with a New Distribution and Service Facility Encompass Group Announces Its Expansion into Canada with a New Distribution and Service Facility
Oct. 1, 2009 (Business Wire) -- Encompass Group Affiliates, Inc. (U.S. OTC Bulletin Board: ECGA), a leader in the consumer electronics segment of the reverse logistic industry, announced today plans for the opening of a 30,000-square-foot, state-of-the-art parts and whole goods distribution and service complex in Mississauga, just a few miles away from Toronto International airport, in mid-October.
From this facility, Encompass will manage both forward and reverse logistics for whole goods, as well as parts distribution for hundreds of brands of consumer electronics, computer and imaging products. The Company will be one of the few sources in Canada to provide parts and service for all three major product categories. Most notably, Encompass will continue to be the single authorized source of original replacement parts for P & F (formerly Philips) consumer products in Canada – a role the Company also serves in the U.S. and Mexico. The facility will also provide board level and component repair services for various consumer electronic products.
Encompass President and CEO Wayne Danson said the facility marks a new phase in the Company’s long-term strategic commitment to the Canadian and other international markets. “This facility, and the skilled, experienced personnel who will work there, will enable us to serve this important market even better.” explained Danson, “With our multi-purpose facility in Mississauga, we will be able to expand our suite of products and services in Canada and more efficiently service the Canadian market benefiting manufacturers, warranty providers, retailers, service organizations and consumers.
According to Danson, one of the Company’s most important missions will be to introduce its highly regarded “Green Choice” parts program to Canada. The program, which assures that certifiably good parts end up in consumer electronic products instead of landfills, is a key part of the company’s e-Recycling commitment. All parts are rigorously tested and certified, and come with a warranty -- but cost less than conventional replacement parts.
“Our sales team has been welcomed by many clients that are excited to have a professionally managed organization like Encompass come into the market and offer a turnkey solution for both forward and reverse logistics, including component level product refurbishment, finished goods as well as service parts support and distribution,” said Charles Andolina, Vice President-Sales and Marketing.
The company also recently announced the establishment of its Mexico City distribution and reverse logistics facility which is expected to open later this month.
About Encompass Group Affiliates, Inc.
Encompass Group Affiliates, Inc. (OTC Bulletin Board: ECGA), a New York-based company is a market leader in the end-of- life cycle management of the consumer electronics segment of the reverse logistic industry. Encompass Group, through its wholly-owned subsidiaries, Encompass Parts Distribution, Inc. and Encompass Service Solutions, Inc., provide comprehensive consumer electronics parts distribution, asset recovery, returns management, reverse logistics services, and depot repair and refurbishment services. Encompass Group addresses the full scope of this multi-billion market – including the end-user driven product support and provides single-source lifecycle management services for technology products, currently in the North American market, with accelerating growth towards a global presence. The Company’s market position is based on its distinctive ability to provide single-point, comprehensive value-added lifecycle service on a competitive basis. For more information about Encompass Group Affiliates, visit our website at http://www.encompass.com
Encompass Parts Distribution, Inc. is comprised of the former number two (Vance Baldwin) and number three (Tritronics) parts distributors in the U.S., to create what is now the country’s largest distributor of consumer electronic parts and accessories. Most importantly, Encompass maintains the heritage of focused expertise and personalized service exemplified by both legacy brands. With domestic warehouses in Florida, Georgia, Maryland and Las Vegas, and through Encompass Group International, in Mexico and Canada, Encompass distributes both new and certified reclaimed parts for more than 150 brands of consumer electronics, computers, printers and office equipment. The company also provides service aids and industrial products such as cable, tools, test equipment, cleaners and other installation equipment. For more information about Encompass Parts Distribution, visit our website at www.encompassparts.com
Encompass Service Solutions is comprised of a primary electronic equipment repair center in Orlando Florida, as well as a network of sophisticated repair facilities in Georgia and South Florida. With over 22 years of industry leadership, the company specializes in the repair and advanced exchange of consumer and office electronic equipment, providing parts reclamation services, sophisticated board-level and whole-unit repair to third-party warranty companies, OEMs, national retailers and national office equipment dealers. Encompass Service Solutions offers Level II and Level III call center technical support, service contract administration and support, and asset recovery programs. For more information about Encompass Service Solutions, visit our website at www.equipfix.com
This release and oral statements made from time to time by Encompass Group Affiliates, Inc.’s representatives concerning the same subject matter may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by introductory words such as “expects,” “anticipate,” “plans,” “should,” “believes,” “will,” or words of similar meaning, and by the fact that they do not relate strictly to historical or current facts. Many factors may cause actual results to differ from forward-looking statements, as well as inaccurate assumptions and a broad variety of risks and uncertainties, some of which are known and others of which are not. Known risks and uncertainties include those identified from time to time in the reports filed by Encompass Group Affiliates, Inc. with the Securities and Exchange Commission, which should be considered together with any forward-looking statement. No forward-looking statement is a guarantee of future results or events, and one should avoid placing undue reliance on such statements.
Source: Business Wire (October 1, 2009 - 9:45 AM EDT)
this should see .001 soon with some volume
Posted by Burberry Boy on :
back to .0008s(HOD) and getting hit!
.0007(3) by 0008(6)
202 mil
next cbai??
Posted by Burberry Boy on :
.0008s are going...looks like 001s are coming!
4 left on ask at .0008
233 mil
Posted by Burberry Boy on :
loading up these .0006s here...BIG news out...we almost broke .0008 and now down on some bidwacking...i think we see .001 today or tomorrow...this one is really building momo
.0005(3) by .0006(1) then 1 at .0007 and 4 at .0008
very thin to .001
273 mil vol
Posted by Burberry Boy on :
here we go buys starting to come in at .0006 now
2 left on ask and then showing a jump straight to .0008
277 mil
Posted by Burberry Boy on :
hit a new high of year here(and ask is there again right now in pre-market)and its almost at a 2 year high! after about .0015 there is absolutely no resistance till about .0075!! This is a chart play! Huge news releases last few days including expansion to Mexico and Canada....this one can and i personally think will run hard...volume has really been increasing over the last few days and today can see the .001 break and that will send of some alarms...this is the next big sub penny play imo
Posted by Burberry Boy on :
starting to u/t in pre-market
,0006(1) by ,0007(1)
Posted by Burberry Boy on :
bid is building...5 on bid at .0005 now...2 on ask at .0006 after that showing 3 at .0008(which is high of year)....0006s look real cheap for news releases that the company has just released including expansion to mexico and canada...plus an awesome chart to boot
Posted by Burberry Boy on :
buys just keep rolling in at .0006
once these 2 are gone at .0006 it shows .0008 on ask which is the high of the year! this is so close to breaking out!