Eco Building Products Inc. (fka ECOB)

[Black Beerd]

Chloe... there are just a few options the CEO has. IMO right now behind his office door he is having many conversations with the funders on what the plan is. They want their money and if this does go no bid it's toooo late.
Right now it looks like the R/S will be coming. The question is how big and devastating will it be...500/1.... 1000/1....my guess is 5000/1. Yes any of these options puts the existing believer and shareholder in the dumper. You might hear the typical FLUFF like were doing this to up list... usually the biggest misleading FLUFF tactic heard all the way to the farm in Maine. You have hopefully seen what the funders are owed and it's no small amount and considering these financials it's going to be tough sledding. To have that R/S he needs news of monumental content. Then he needs to run a promotion which he as it looks could never afford to pay for as he seeks out a new 2nd round newbie hopeful shareholders ... that promo would have to be huge and I just don't see any valued news to fuel it or the cash to do it.

Another real possibility is the funders run it out and take back the shell as collateral. They have to have liquidity to keep the lights on. I think given the CEO's outrageous salary he will want to R/S this. That's a great sum of money he wants to see keeps getting deposited into his bank acct.

Whatever option is taken with this debt out of control is not IMO going to be shareholder friendly....more like devastating. Remember always... "he who holds the gold (lenders) makes all the rules". The CEO is the one with his pockets pulled inside out.

GLTA... TIC TOC... all just my opinion