Eco Building Products Inc. (fka ECOB)

[Ed the Trader]

"i will post AGAIN...R/S is old news, already approved by shareholder majority LMFAO...Conman will simply amend the number...to one big ass split."

Proposal 3 only provides for a reverse split up to a ratio of 1:20. To exceed this ratio, another shareholder vote will be required to approve a new proposal. Certainly, that is a formality of Conboy owns a majority of the outstanding votes, but unlike the case for many OTC Pinks, it appears that ECOB must file a Schedule 14A with the SEC which provides shareholders with some advance warning of a R/S with a ratio greater than 1:20.

(Reference: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9480700)

I would also point out that because it has been a YEAR AND A HALF since Proposal 3 was presented, it is likely that Conboy has changed his mind about moving forward with a R/S or else he likely would have executed it by now. That kind of time frame is eons in OTC Pink time. It is more probable that the scenario changed so that the R/S became undesirable. That doesn't mean that a R/S cannot or will not happen; it just means that it is unlikely to still happen based on a movement in that direction from so long ago.