Eco Building Products Inc. (fka ECOB)

[ITYS]

From 10K...the number Conboy claims what is needed minimum to cover his expenses to survive are 300K/month ( financials show 500k/month) and they ONLY have gross profit of 12k a month...Conboy has blown millions and the gap between sales and profitability is enormous. If eco was private they would have been out of business years ago. Conboy relies on dumping shares to survive and it wont end...well until the SEC or DTC shut him down IMO

Our continuation as a going concern is dependent upon obtaining the additional working capital necessary to sustain our operations. Our future is dependent upon our ability to obtain financing and upon future profitable operations. The Company estimates the current operational expenses of approximately three hundred thousand dollars a month is required to continue to operate. This is achieved either through profit from sales; or by management seeking additional financing through the sale of its common stock, and/or through private placements the minimum operational expenses must be met in order to relive the threat of the company’s ability to continue as a going concern. There is no assurance that our current operations will be profitable or we will raise sufficient funds to continue operating. The Company continues to trim overhead expenses to meet revenues. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might be necessary in the event we cannot continue in existence. These factors raise substantial doubt about the Company’s ability to continue as a going concern.