The chart on the previous page shows that the company had some great
potential to gain an investor a profit. Peaks and troughs were clearly defined, I
was able to easily determine the stock’s next movements while watching it and
the dips and crests seemed dramatic enough to be profitable.
I invested on June 19 at a price of $0.04. With such an extremely low
price, the potential for gaining money from my 1249676 shares was particularly
high. As it turns out, for the week of June 19 through June 23, the stock showed
little promise to net a profit. I missed one imperceptible selling opportunity early
in the week and for the rest of that week the price stayed well below my buying
price and ended the week at $0.03. The chart below shows the small profit peak
and the declining progress of EBLC.OB for the week of June 19 through June 23: