Needless to say, we have seen a rough road with ENYC so far. After giving Platinum Members the early word, we sent out a full scale newsletter to all members yesterday 12/18/12 through the pennystockdream.com system. This full scale alert started off in a powerful way, seeing early gains for subscribers greater than 31% but over the course of the latter half of the day things took a turn in the opposite direction as we saw the trading day close down at a lower price. Though things have been tricky with ENYC, we still fully believe that it continues to be a top penny stock newsletter pick. Though the road has most certainly been a rocky one, this company has been making significant strides within its internal business, as they have made fast improvements in filing financial information to keep all of their active penny stock investors and the general public, up to date about their internal operations. Their most recent financial filing found here: http://www.otcmarkets.com/financialReportViewer?symbol=ENYC&id=96749

The above link gives a bit of insight, as to why things have become choppier than had previously been expected here by pennystockdream.com subscribers. When we initially began the awareness campaign for ENYC, there were only 444,458 shares in the float. With such a small amount of shares trading in the company, the price was able to move very quickly on small buys and sells, meaning that there were large price swings in either direction. That filing shows that just three days ago, the company made it publicly recognized that the float was increased more than 44 times over! This made it far more difficult to see the price move upward as quickly but still marked a float level so low that we would still be able to see very powerful price swings, allowing for significant movement upward on strong buying pressure.At the same time as seeing the float increased, we also saw the authorized shares significantly increased. On one hand the current float, even with the increase is still very low and is not a cause of concern to us here at pennystockdream.com but the authorized shares are a different story. Keep in mind that authorized shares do not immediately affect the share price but the level of authorized instead, gives the company room to increase the outstanding share amount because the authorized shares are the amount of shares that the company has been authorized to be allowed to increase the outstanding shares to in the future. Hopefully we do not see the outstanding and float significantly increased but needless to say the new 500,000,000 share count for the authorized is still a daunting number for any penny stock investment pick.

Now here's the special thing to turn your attention to:

Over the course of the past 9 days, ENYC has posted 6 separate financial filings. This is especially notable considering that they just recently completed their 100% acquisition of ABCO energy. With these filings, they have already seen their tier upgraded to Yield status on otcmarkets.com, showing a greater interest in providing information to their investors. This bodes very well for all investors interested in trading shares of ENYC.

Though things have been very tricky, as pennystockdream.com subscribers have seen very well today, the float continues to be one that is so low that we can very quickly see this stock turn around in a powerful way, It doesn't take very much buying pressure to see a stock with less than 20 million shares in the float take off quickly. There have yet to be strong news releases ,made available to those interested in trading penny stocks, outside of the general financial filings but at the rate at which filings have been released, we expect significant updates to come from the company. We hold strong expectation for management here to continue to make filings up to date, to see the tier level brought up even further, to bring greater confidence to penny stock investors in their willingness to make information publicly available. At the same time we believe that ENYC will be releasing news alerts in the near future, especially considering that it is not just the original entity that we can expect developments from but the add on of ABCO Energy as well. There is still a great deal expected to come from this company within a relatively short time frame and we truly do expect things to turn around powerfully for all of our pennystockdream.com subscribers as things progress here. Remember that over the course of the past two months our subscribers have seen potential gains of well over 3,400%. That is a track record almost unheard of within the penny stock exchange and one that we expect to continue to grow on, even with the likes of ENYC. There is still a great deal to come here and we still look to release a fresh Platinum Member play to keep things fresh for our paying Platinum Members, so that they have other options to look into, as they wait for a serious move with ENYC.

Good Luck to you all and thank-you so much for your support. And congratulations on the massive profits that we have seen over the course of the past 2 months. Together we have become a powerful voice within the penny stock exchange.

 

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