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Re: dreamx post# 22967

Wednesday, 04/16/2014 8:22:16 AM

Wednesday, April 16, 2014 8:22:16 AM

Post# of 68549
I know CVP and D-20 were disclosed in an 8-K and PR. That ios the root of the problem. Once you deem an item worthy of an 8-K it is deemed to be material to the registrant (ECOS) and ECOS is required to include it in periodic SEC filings for the relevant reporting period. Under the SEC rules ECOS should have reported the CVP transaction and its details in the 10-K. Also since they have told the market though the blog of the importance of D-20 there should hav ebeen much more disclosure about D-20 and their current project (Korea).

Their disclosures and their 10-K are clearly written by someone who has no idea what the SEC disclosure rules are. I know this is a development stae company but that is no excuse for ignorance of your responsibilities.
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