posted                   

quote:

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Originally posted by superman7:
just time for a bounce imo

it was trading close to .02 just a few weeks ago so that like an 80% discount now, so there hsould be a bounce imo

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Posts: 358 | From: Sweden | Registered: Feb 2007  |  IP: Logged | 

posted                

quote:

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Originally posted by TraderSwede:

quote:

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Originally posted by superman7:
just time for a bounce imo

it was trading close to .02 just a few weeks ago so that like an 80% discount now, so there hsould be a bounce imo

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I still (unfortuanatly) own a chunk of this stock, (bought at .03) so nobody would be happier than me if this DID bounce.

But the 80% drop came when Desmond (CEO) had to retract some 7 PRs because they were not legit. After that he hasn't returned a single call, or offered any explination to what the h#ll is going on. Unless somebody knows something I don't, I have a hard time seeing this going anywhere..

JMHO

TS

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Posts: 5265 | From: Alberta | Registered: Jan 2006  |  IP: Logged | 

posted                   

quote:

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Originally posted by superman7:
you may be right, but i still see a bounce coming, all penny stocks are all lies they are all bs, thats why you should only trade them not fall in love with them and i think this is a quick trade, looking for atleast .0055

quote:

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Originally posted by TraderSwede:

quote:

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Originally posted by superman7:
just time for a bounce imo

it was trading close to .02 just a few weeks ago so that like an 80% discount now, so there hsould be a bounce imo

---

I still (unfortuanatly) own a chunk of this stock, (bought at .03) so nobody would be happier than me if this DID bounce.

But the 80% drop came when Desmond (CEO) had to retract some 7 PRs because they were not legit. After that he hasn't returned a single call, or offered any explination to what the h#ll is going on. Unless somebody knows something I don't, I have a hard time seeing this going anywhere..

JMHO

TS

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Posts: 358 | From: Sweden | Registered: Feb 2007  |  IP: Logged | 

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quote:

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Originally posted by Gary59:
where did all the trading go ????

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Posts: 5265 | From: Alberta | Registered: Jan 2006  |  IP: Logged | 

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quote:

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Originally posted by Gary59:
where did all the intrest in ths go??

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this is why interest has dried up! ------Windsor Corporate Services, LLC.: Windsor Corporate Services: eCarfly Inc. (OTCBB : ECFL) and Terra Fuel Technologies merger: A research probe into company claims.

Mar 08, 2007 (M2 PRESSWIRE via COMTEX) -- eCarfly, Inc. (PinkSheets : ECFL) - What is going on with ECFL? After an eight day price run fueled by PR of a possible merger with an un-named Alternative Fuel Company, it was up over 700% and climbing steady. Until yesterday the news concerning the change in direction for the former "Internet Car Dealer" of sorts was anything but solid. Was it a PR issue or was it the shield of another pump and dump? Bio fuel is the wave of the future but with wispy profit projections and eCarfly's mystery AFC (Alternative Fuels Company) we were skeptical.
Yesterday ECFL announced their merger partner, Terra Fuel Technologies. Finally some information we can research. It turns out that Terra Fuel Technologies; a fairly new (10mo) Australian based company received $295k in seed capital from the Pioneer Development Fund. So we proceeded to the company website to find more information and found it to be under construction. Well according to a press release by ECFL both there own website, www.ecarfly.com, and the site www.terrafueltechnologies.com were under construction "to form one united website that will function for both companies' needs." A little strange but maybe they just need better PR people.

We then tried to contact the office of Terra Fuel Technologies using an Australian version of Whitepages.com to find the address and phone number. Because of the time difference (Florida, USA to Queensland, Australia) we would have to wait for that. Using the domain registration for www.terrafueltechnologies.com we were able to get in touch with the "Administrative Contact", a Mr. Paul Chandler (Saline, Michigan). Mr. Chandler identified himself as someone who assists Terra Fuel Technologies with business in the US, someone close to the company but not technically an employee. He was unaware of any merger or business of any type between Terra Fuel Technologies and eCarfly, Inc.

After speaking w/ Mr. Chandler we then turned our attention back to the ECFL press releases for more information. Choosing to investigate this claim "TFT is currently reviewing agreement possibilities for implementing the Co-Fuelling Engine Technology to the WASTE MANAGEMENT fleet of waste collection vehicles" we contacted the investor relations department for Waste Management. we spoke with Ms. Lynn Brown, VP of Corporate Communications. When we asked Ms. Brown about her company working with Terra Fuel Technologies she said that Waste Management has no business relationship with Terra Fuel Technologies and proceeded to add, "I'm not even sure that's a real company".

An hour later after climbing steadily during the morning as it had done for a week the price for ECFL unexpectedly began to dive. It seemed there was a large amount of stock being dumped.

Had my inquires tipped someone off? Did a little due diligence upset a very large pump and dump? Or is there really a merger between to companies that just have very poor PR? Either way we don't think we want anything to do with ECFL unless someone can explain these things. How about a live web conference with a Q&A to ease investors minds Mr. Milligan?

10:30pm eastern time, 1:30pm the next day Australia, we called both numbers we had found for Terra Fuel Technologies. One found on the website the other in the Australian phone directory no answer at either. We tried three more times throughout the night with the same result.
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Posts: 2503 | From: connecticut | Registered: Mar 2005  |  IP: Logged |