Recent

% | $
Quotes you view appear here for quick access.

Fidelity National Financial, Inc. Message Board

hurstbw 38 posts  |  Last Activity: Aug 28, 2015 6:57 PM Member since: Jun 27, 2000
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    Clarification

    by goddoesplaydice Aug 28, 2015 6:00 PM
    hurstbw hurstbw Aug 28, 2015 6:57 PM Flag

    Ecosphere manufactures Ecos Growcubes for Sea of Green Systems, Inc. who in turn sells that equipment to growers/farmers. Waveseer who is a legal grower signed exclusive licensing and distribution rights with Sea of Green Systems, Inc. in Nevada, Oregon, and Maryland. They set up farms and grow plant material. Mary Jane Wines buys that plant material and infuses it into products for their legally qualified patients to consume in different ways in their medical treatments. Mary Jane Wines has relationships with growers and has a lot of experience and contacts with growers to supply them I would think. So, Sea of Green Systems, Inc. hires them as a consultant / sales / service representative to facilitate new potential buyers of equipment and provide customer service and implementation of equipment to existing growers who already have purchase orders with SOGS. Waveseer is just the first grower to sign agreements so far. So, I don't think that they have anything to do with owning parts of each other's companies except for Sea of Green Systems being owned by Ecosphere Technologies, Inc. as a subsidiary that is assigned global licensing rights to the technologies and to facilitate licensing agreements and purchase orders of equipment with growers and send these orders to Ecosphere Technologies for manufacturing. It is just supply chain relationships from what I can tell and probably a sales/service agent or consultant employment agreement with someone within the Mary Jane Wines organization to introduce the equipment to other growers of plant material beyond the states that Waveseer currently has exclusivity. That is how I see it anyway.

    Sentiment: Strong Buy

  • Reply to

    went by the plant today

    by jklbuilder49 Aug 27, 2015 2:22 PM
    hurstbw hurstbw Aug 28, 2015 4:01 PM Flag

    They said that they would take it "public" not "private". That means they can tap into the capital markets to raise funding of the company in an Initial Public Offering which will offer a certain amount of shares at an IPO price and basically create a market value for that subsidiary. It is a way that Ecosphere Technologies may be able to settle debt obligations and raise additional funding or have their % of that company as an investment on its books. As that company prospers, the investment will grow on Ecosphere's Balance Sheet as an asset which could be sold later at a higher value. Another scenario would be that all ESPH shareholders would get spin off shares in SOGS which sometimes happens in an IPO like this. Then you would own both companies that would trade on public exchanges and hopefully both grow and complement each other. It is always better to unlock and create value in this way rather than take on more debt obligations for a capital raise in my opinion.

    Sentiment: Strong Buy

  • Reply to

    Share Price & Volume

    by tall.rocker Aug 28, 2015 12:39 PM
    hurstbw hurstbw Aug 28, 2015 2:04 PM Flag

    ESPH owns a majority of that company. SOGS going public would raise capital for SOGS and unlock the value of ESPH's ownership in that company. I guess the SOGS shares would be an investment on the books of ESPH which would benefit from the growth of that stock value in the public markets or they could spin off the IPO shares to shareholders of ESPH. We do not know the details of what they are considering, so any number of things could be in the plans.

    Sentiment: Strong Buy

  • Reply to

    Share Price & Volume

    by tall.rocker Aug 28, 2015 12:39 PM
    hurstbw hurstbw Aug 28, 2015 12:43 PM Flag

    It is a really good opportunity to get in at these levels in my opinion. I bought more today. Any announcement of a longer term contract with steady revenues and earnings will drive the share price higher from here. I plan on being in before that happens.

    Sentiment: Strong Buy

  • Reply to

    Mary Jane Wines

    by tall.rocker Aug 14, 2015 10:24 AM
    hurstbw hurstbw Aug 27, 2015 5:10 PM Flag

    The Mary Janes Wines person can be employed as a outside or inside consultant / sales representative for Sea of Green Systems, Inc. without either company having any stake / ownership in the other.

    Sentiment: Strong Buy

  • Reply to

    Mary Jane Wines

    by tall.rocker Aug 14, 2015 10:24 AM
    hurstbw hurstbw Aug 27, 2015 4:37 PM Flag

    Waveseer is a cultivator and distributor of plant product for legal medical uses and has permitting to do so at least in Nevada. Mary Jane Wines is a private collective based out of San Francisco that creates products for patients who have signed up with them as a member and who qualify for the medical products they create (Infused Wine, Infused Sea Salt, Infused Cosmetics, etc.) from what I can tell. Neither is an Ecosphere Technologies, Inc. company or a Sea of Green Systems, Inc. company from anything in the 10Q. My guess is that Sea of Green Systems, Inc. hired someone affiliated with Mary Jane Wines to be a consultant/sales representative for Sea of Green Systems, Inc. equipment because of their knowledge of the industry and their relationships with qualified growers to help bring the Ecos Growcube to other qualified prospects for sales. That is my take on this anyway.

    Sentiment: Strong Buy

  • Reply to

    Mary Jane Wines

    by tall.rocker Aug 14, 2015 10:24 AM
    hurstbw hurstbw Aug 27, 2015 4:17 PM Flag

    Waveseer is the purchaser of Ecos Growcubes as stated in the last press release for an order of $1.3M worth of Equipment. Mary Jane Wines related consultant must be hired to help facilitate that order as a service representative and sales consultant for Sea of Green Systems, Inc. It is not just a sale to itself, they already said Waveseer purchased the equipment and Waveseer is an outside firm which signed an exclusive agreement as the licensed distributor in Nevada, Oregon, and Maryland of Sea of Green Systems equipment. It is all in the 10Q filed this month for ending June. I am sure when an additional purchase order is made they will let us know with another press release if it is material.

    Sentiment: Strong Buy

  • Reply to

    Mary Jane Wines

    by tall.rocker Aug 14, 2015 10:24 AM
    hurstbw hurstbw Aug 27, 2015 11:48 AM Flag

    My impression is that the Mary Jane Wines person is a consultant and/or sales representative for Sea of Green Systems, Inc. Waveseer is the buyer of the Ecos Growcubes and that has been announced. Mary Jane Wines may have some agreement with Waveseer to purchase #$%$, but not something that is needed to be disclosed to us in my opinion. When Waveseer or any other orders outside Waveseer's exclusive territories of Nevada, Oregon, and Maryland orders more equipment from Sea of Green Systems, Inc. they will turn to Ecosphere to manufacture them and I am sure there will be a press release. Remember Sea of Green is a wholly owned subsidiary of Ecosphere that is soon to become a majority owned subsidiary of Ecosphere when these debt negotiations for extended terms are complete and the debtors get a piece of Sea of Green Systems, Inc. Ecosphere Technologies expressed plans to take that company public. If so, I would hope that we shareholders would get spin off shares in that company, or that the capital raise is large enough to move the needle on the market valuation of the Ecosphere Technologies, Inc. At any rate they are trying to unlock the value of the Sea of Green Systems, Inc. subsidiary. I just hope all of us benefit as well. That is my take on all of this. Do your own due diligence and make your own conclusions.

    Sentiment: Strong Buy

  • Reply to

    Mary Jane Wines

    by tall.rocker Aug 14, 2015 10:24 AM
    hurstbw hurstbw Aug 26, 2015 4:06 PM Flag

    It must be that someone from Mary Jane Wines is also a consultant for, or employee of, Sea of Green Systems is my guess. They keep posting Instagram photos. New one today.

    Sentiment: Strong Buy

  • Reply to

    WSJ Today

    by badgertodd2012 Aug 26, 2015 10:17 AM
    hurstbw hurstbw Aug 26, 2015 11:37 AM Flag

    You also have to consider that oil and gas companies will be forced to consolidate and implement new technologies that are cost effective and environmentally friendly. Oil and gas service companies will want to have the best, new technologies including water technology solutions that can provide solutions on a large scale, save companies money, and streamline operations. There is not going to be room for excess expenditures in water management. These companies need to cut costs and liability exposures. Just my opinion. I see them having opportunities to gain market share for the next oil and gas boom cycle. But I also agree that the diversification that they have with other water management across industries, as well as, the recent Ecos Growcube development, and having the Ecos Powercube patented and in development is a good thing during this downturn in oil and gas prices.

    Sentiment: Strong Buy

  • News Article on Take Part and picked up by Yahoo News. Ozonix Sentinel line of vessels should be considered for pilot programs with the Army Corps of Engineers and EPA in my opinion. These are getting out of control in our lakes, rivers, and oceans.

    Sentiment: Strong Buy

  • Google Search the subject of cannabinoids and how promising they are in the fight of cancer. National Institute of Health acknowledges how promising it is. Hopefully, Waveseer teams up with government health organizations, pharmaceutical companies, and the FDA to make further treatment studies a priority. Waveseer has exclusive distribution in Maryland for Ecos Growcubes...

    Sentiment: Strong Buy

  • Reply to

    10Q and ESPH volume

    by tall.rocker Aug 20, 2015 1:09 PM
    hurstbw hurstbw Aug 21, 2015 12:44 PM Flag

    I speculate that they have that in mind for all the subsidiaries they have created for Ozonix, Ecos Powercube, Ecos Growcube. I would think Fidelity National Financial Ventures has to be evaluating all options for creating value for FIdelity National Environmental Solutions. That might include an IPO spin off like this as well. All the other subsidiaries for mining, food and beverage, agriculture, municipal, etc. may also be modeling this way to unlock shareholder value. I hope anyway, as long as it raises substantial capital investment for each going public and we all get IPO shares.

    Sentiment: Strong Buy

  • Bloomberg Article Today Highlights Feedlot Wastes & Over Fertilization Reuse Polluting Nearby Rivers & Lakes. Ecosphere Ozonix equipment & Ozonix Sentinel Line of Water Treatment Vessels Needs To Be Taken Seriously By The EPA As The Solution To These Large Scale Issues.

  • ABC News has an article and Video Clip. More gold coins found in their exploration of Sunken Spanish Fleet off coast of Florida. Guess Brisben Water Solutions, LLC has funding.

    Sentiment: Strong Buy

  • Reply to

    From the 10Q:

    by hurstbw Aug 19, 2015 6:36 PM
    hurstbw hurstbw Aug 19, 2015 9:57 PM Flag

    Sea of Green Systems,Inc. which is wholly owned by Ecosphere Technologies, Inc. is looking to go public. Ecosphere is negotiating to extend short term debt obligations by giving % ownership in Sea of Green Systems, Inc. and the ability for those parties to purchase a set amount of shares prior to the IPO at $.10 per share. There is also a Bridge Loan fund raise to cover the IPO transaction fee and cover other SOGS accumulated management expenses allocated to it by Ecosphere as a subsidiary company from what it looks like to me from the 10Q explanation. What remains should be Ecosphere Technologies, Inc.'s participation in the IPO. Sometimes with these types of spin-offs the IPO shares of the newly trading public company are distributed to the shareholders of the parent company who own that parent company as of a certain date before the IPO and are distributed according to a set ratio of the new shares in relation to the amount of parent shares owned on that date. I also think that would be a tax free transaction until those IPO shares are sold by the recipient and a capital gain occurs. This scenario / speculation is what I feel would be best for us. We then would have shares in Ecosphere and Sea of Green Systems Inc. moving forward and enjoy the growth of both companies as investors. Waveseer is its own company and a licensee/distributor who will buy equipment from Sea of Green Systems, Inc. for their own business of cultivating plants to supply their clients. Let's hope the unlocking of value in this subsidiary reaches all shareholders.

    Sentiment: Strong Buy

  • Reply to

    From the 10Q:

    by hurstbw Aug 19, 2015 6:36 PM
    hurstbw hurstbw Aug 19, 2015 7:31 PM Flag

    From what I am reading the extension of short term debt obligations are being finalized to extend their due dates. In exchange, these two debt obligation groups are being given 12% ownership in Sea of Green Systems each and some opportunity to buy more shares at $.10/share before any initial public offering. As well, Ecosphere is trying to fill a Bridge Loan amount of $500,000 that also will allow the lenders a buy in of SOGS at $.10 in order to cover the transaction of taking the company public and to reimburse Ecosphere for accumulated operational/management fees during this period of being a wholly owned subsidiary. That is how I am reading it anyway. I think it is all a good thing if the IPO is promoted well and the offering raises a substantial capital raise. Ecosphere Technologies, Inc. will be a participant in the public offering so it is a way to unlock the value of that subsidiary. These are only my opinions and my interpretation of what I am reading from this filing. Do your own due diligence and seek an expert in these types of transactions.

    Sentiment: Strong Buy

  • hurstbw by hurstbw Aug 19, 2015 6:36 PM Flag

    The Company’s goal is to take SOGS public as a stand-alone public company. The Company is seeking to raise $500,000 in bridge capital from the sale of shares of SOGS common stock offered at $0.10 per share to effect the going public transaction and provide working capital and permit it to pay the funds it owes the parent Company (ETI). It received its initial $100,000 from one investor as of August 17, 2015. In July 2015, Sea of Green Systems, Inc. entered into a non-exclusive sales representative agreement with DWC Equipment Sales, LLC (“DWC”). DWC is to act as a non-exclusive sales representative for SOGS on a worldwide basis to sell the Company’s Ecos GrowCube™ technology and related Agri-Technology products to its customers. The term of the agreement commenced in July 2015 and shall continue in perpetuity. In consideration of the services to be rendered by DWC, the Company agrees to pay DWC 10% of gross revenues received by SOGS from sales of the Ecos GrowCube™ technology and related Agri-Technology products to its customers. In July 2015, Sea of Green Systems, Inc. (“SOGS”), a subsidiary of Ecosphere Technologies, Inc. sold approximately $1.3 million worth of Ecos GrowCube™ equipment to Waveseer Properties, LLC (“Waveseer”). SOGS received a 50% deposit from Waveseer to begin the manufacturing process and expects to deliver its Ecos GrowCube™ equipment to Waveseer in approximately November 2015. The Company paid $63,070 in commissions to DWC. In addition to this equipment sale, SOGS entered into a license agreement with Waveseer to be the exclusive SOGS licensee/distributor/value added reseller in Nevada, Oregon and Maryland. Waveseer must meet certain requirements in order to maintain being a licensee/distributor/value added reseller.

    Sentiment: Strong Buy

  • Reply to

    Treasure found off Fl Coast- Brisben?

    by layahillary Aug 19, 2015 1:14 PM
    hurstbw hurstbw Aug 19, 2015 2:20 PM Flag

    Yep. If you Google Search it and read about the find, one of their exploration contractors found more Spanish gold coins/artifacts in really shallow water in July. They also appeared on network tv news programs and there are videos to watch. They thought the value was around $1M at the time of the announcement. I believe they split any treasure finds with their sub-contracted exploration teams.

    Sentiment: Strong Buy

  • hurstbw hurstbw Aug 19, 2015 12:17 PM Flag

    Absolutely, hopefully the Ozonix Sentinel concept is adopted by environmental engineering firms with EPA, Army Corps of Engineers, Bureau of Land Management, State Governments, and Local Government contracts. Seems to be a big issue in the news and a pilot program with the Army Corps of Engineers seems like the best way to prove the concept and work on the issue from the front lines of the battle. I hope that they are given a chance in their backyard with Lake Okeechobee and the C-44 canal, Indian River Lagoon, etc. to prove up that concept. I would like to think that Phillips and Jordan could help with that since they have listed a contract for work on the C-44 canal on their website and they know the effectiveness of the Ozonix technology. All speculation of opportunities on my part, but I am looking at this with a glass half full.

    Sentiment: Strong Buy

FNF
36.41-0.47(-1.27%)Aug 31 4:01 PMEDT