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Re: Long-vestor post# 14835

Wednesday, 07/23/2014 6:29:23 PM

Wednesday, July 23, 2014 6:29:23 PM

Post# of 20265
I agree... when your in this deep as they are in Toxic funding lives get complicated .. now they need window dressing title guy be the conduit between funders and CEO. He looks from the street level to be a guy who creates a perception that ..he's the guy coming in to straighten things out now in the balance sheet. Well that's not what that's all about... he serves a far different purpose...he is there to serve the CEO's game plan he takes orders and this CEO can't tell/ instruct anything... he is there to sell shares... no assumptions... he is proving it in spades... losing as much money as they are a month is out of a CPA's hands... he can in no way make those books pretty... he can only help with the securing and managing the funders. Biblical sales /profits and revs are the only way out... but no capital to grow means same old same old... in the mean time the sales aren't growing to even service interest on his debt. ECOB IMO...is a Store front with a pretty sign out front that is empty when you walk in the door. That's why I pound on those who have really no clue on how to read understand and realize the far reaching effects of a bad balance sheet... no matter what exchange your traded on.

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