Eco Building Products Inc. (fka ECOB)

[Black Beerd]

"IMO the uniqueness of this defensive product will prevail! "

You may very well be right... I said I like the storyline it has merit.. qualities of value added. My point is and always has been... it IMO won't be with this company. They are circling the drain. This debt and condition the company is in has this CEO seemingly trapped in to the arena of dilution. This debt he builds daily he can't earn his way out of. He has no assets, cash burn is staggering, and sales aren't there. Also he really has nothing to sell.... he doesn't own anything ... he isn't the lumber yard. He is a company with a spray can of Red sauce. There are others who can provide a treatment as a substitute without having to buy the formula... No one would look to buy or seek funding with a balance sheet that is blood red as theirs is.

I see this scenario playing out in another bigger well healed/financed, tried and true lumber supplier with a value added service and option on the lumber menu.

So I have no argument about its use and with anyone who uses it although it may be a bit to hyped ... fine But this is a security 1st... it has metrics and measures that value it. It involves money being burned and used as a result of some very suspect financing that dictates huge troubles ahead.

So good for Mike but Mike isn't the face or reputation of this company. Love the product but that product is doing nothing for the balance sheet or investor.