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Re: chloethebull post# 15331

Saturday, 09/13/2014 3:59:15 PM

Saturday, September 13, 2014 3:59:15 PM

Post# of 20265
"yup i agree i think a buy out is in the works won`t be much maybe a couple pennies"

WHAT??? BUYOUT?? LOL you do understand the debt load ecob carries? With all that dilution and those books.... the CEO would be advised to throw someone the keys and tell them to take it. Their is no book value. Their cash burn per month is what 300+++ x's rev. per month...their are no tangible assets...buyouts are formulated by multiple a x's earnings and they won't buy this debt. He has nothing. Only value is his paycheck (handsome I might add) and that comes from dilution. So IMO in the CEO's own selfish behalf....he shouldn't let what appears to be his own personal ATM machine go. He can't make that money working for anyone else in the lumber related industry... I say on his behalf..keep it. Besides... watch one of the big boys step in after they hear the flushing noise and bring their own answer to that division...only if they think their is money to be made. So far ECOB has shown all other...theres no money to be made.

" the ceo has lead a valiant effort to re-educate the public/industry on building with superior lumber product so some value can be extracted from that "

You might be missing a very important point... his motives might be to keep his low priced youtube video pr's going to keep enough interest to create a lubricant for dilution and yes that unreal monthly paycheck to keep coming.

Chin Up!

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