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Penny Stock Forum Penny Stocks are low-priced issues, often highly speculative, selling at less than $5 a share. Penny Stocks are traded on pink sheets and the OTCBB

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  #1  
Old 10-30-2007, 02:49 PM
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Default MNTY... Market 99

I took a position yesterday @ 0024 and this baby continues to climb. I would have started a thread but for some reason I thought there was one already.


[IMG][/IMG]

OLD NEWS:

[October 23, 2007]


Ecarfly, Inc.: ECFL.PK Officially Changes Company Name to Reflect Market 99, Ltd.

(M2 PressWIRE Via Thomson Dialog NewsEdge)
RDATE:23102007

Dallas, Texas -- Complete Auto, Inc. (PINK SHEETS: ECFL.PK) formerly
known as Ecarfly, Inc. recently amended the company Articles of
Incorporation to reflect a name change to, Market 99, Ltd. The reason
behind the name change is fueled by the acquisition initiative of
Market 99, Ltd., a Nevada-based company.

Over the last 12 months, Desmond Milligan, CEO of ecarfly, has been in
negotiations with multiple companies in the pursuit of a possible
merger/acquisition candidate for ECFL.

In April of 2007, Desmond Milligan met with the Board of Directors of
Market 99, Ltd. a Nevada-based company, about the possibility of an
acquisition/merger. Before any further negotiations were to take place,
Mr. Milligan requested a series of milestones be accomplished by the
Board of Directors of Market 99, Ltd. (Nevada). The following are a few
of those milestones.

* Fully-Operational Store

* Implementation of Infrastructure

* Auditable Revenues

* Willingness to Become "Fully-Reporting" OTCBB company


As of Sept. 29, 2007, Market 99, Ltd. (Nevada) completed, achieved, and
surpassed all of the set milestones. The final stages of negotiations
to acquire Market 99, Ltd. are quickly approaching. We will keep all of
our investors updated through this temporary website.

Please feel free to view the current photos supplied by the owners of
Market 99, Ltd. (Nevada).

1st Market 99 Photos http://www.market99.myphotoalbum.com/

Please visit www.ecflinvestor.com for additional information.

Last edited by Aufan 1983; 10-30-2007 at 03:42 PM.
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  #2  
Old 10-30-2007, 02:52 PM
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Default Re: ECFL... Merger

Temporary websites


http://www.ecflinvestor.com/
http://www.mymarket99.com/index.html
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  #3  
Old 10-30-2007, 03:26 PM
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Default Re: ECFL... Merger

0055 about gone only 1 mm left there
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  #4  
Old 10-30-2007, 03:30 PM
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Default Re: ECFL... Merger

Just printed 0.006

And there is a ton of resistance at 0.006

May be the HOD today

Good find Aufan

If only my other holdings would run a little, I could get in this one also.

Freeing up some cash from another account, may have some breathing room in a week or so to play next runner

Good Luck--watching this one run
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Old 10-30-2007, 03:41 PM
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Default Re: ECFL... Merger

Quote:
Originally Posted by fz4fun View Post
Just printed 0.006

And there is a ton of resistance at 0.006

May be the HOD today

Good find Aufan

If only my other holdings would run a little, I could get in this one also.

Freeing up some cash from another account, may have some breathing room in a week or so to play next runner

Good Luck--watching this one run
It took most of the day to break 0055 so you are probably right on for the HOD.

The official PR is yet to be released that the merger is complete. Hopefully this week but this is the penny world by the end of the week they may be merging with some company in China....lol
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  #6  
Old 10-31-2007, 10:15 AM
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Default Re: ECFL... Merger

I dumped ISBL at a loss (tired of waiting) and jumped in this @0.0035.

Merger news is official as of this AM

Market 99 Completes Reverse Merger
Market Wire - October 31, 2007 8:52 AM ET



Related Quotes
Symbol Last Chg
ECFL Trade 0.0033 -0.0026
Real time quote.


Market 99 (PINKSHEETS: ECFL) announced today the reverse merger between the two corporations (Minnesota and Nevada) has been finalized. Please allow 5-7 business days for all the updated information to be posted on www.pinksheets.com.

The new board of directors is as follows:

-- Desmond Milligan
CEO/President
-- James Brola
Vice President
Co-founder
-- Jason Brola
COO
Founder

The Market 99 website will soon incorporate the board of directors' bios as well as new company activity and business developments. Market 99 has tentatively scheduled a conference call for Wednesday, November 7, 2007. Company directors have determined an informative conference call is the most efficient way to communicate all new business activities to shareholders. All shareholders interested in participating in the conference call should forward an email to admin@ecflinvestor.com.

Please feel free to view the current photos supplied by the owners of Market 99, Ltd. (Nevada).

1st Market 99 Photos

http://www.market99.myphotoalbum.com/

Please visit www.ecflinvestor.com for additional information.


Now it's time to run again

LOL
:D
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Old 10-31-2007, 10:31 AM
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Default Re: ECFL... Merger

what will the merger do to the stock price?
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  #8  
Old 10-31-2007, 10:35 AM
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Default Re: ECFL... Merger

Very hard to tell-but all I want is another run like yesterday and I am punching out of this one. Usually, you get a goodwill blip on news and then the stock settles back in until the new company proves its merit.

Over on another board, the thread on this stock is very positive. But I take that with a large grain of salt. With most of these R/M's, the money is made on the merger speculation. I am not in this long term Quick hit and I am out

Waiting for the run
:D
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  #9  
Old 10-31-2007, 12:31 PM
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Default Re: ECFL... Merger

Only 4 MM's left between 0.0035 and 0.004

After that resistance, it is real thin all the way to 0.007

Let's see if we can punch thru before I head off to work for rest of day


Run Forrest Run :D
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  #10  
Old 10-31-2007, 12:37 PM
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Default Re: ECFL... Merger

One MM left at 0.0039

Then 0.004 here we come-strong pressure all of a sudden. Maybe a nice run is in order here
:D
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