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Re: Long-vestor post# 16224

Thursday, 02/19/2015 5:40:48 PM

Thursday, February 19, 2015 5:40:48 PM

Post# of 20265
LV, further issue is Eco has note payables due today and another may 15 to which they have issued 250 000 000 for each note which puts Eco over authorized and I haven't included the Pfd C convertible notes which convert at 60% discount and there are 104,732 issued So how does eco cover for these common conversions....I think we all know the answer... how soon can Conman RS or increase authorized by another 10-20 billion???
STILL have over $4.1 million in payables and tax arrears
Eco increased gross sales last quarter to 216K for 3 months but as expected expenses crushed revenues as Conman spent another 1.2 mil.... gap is still gigantic and Eco hasn't paid down any real debts... toxic controls Eco and receivables all pledged against inventory loans....I will say it again, if Conman had a private company it would be bankrupt..he needs to screw over investors, mislead shareholders so toxic can dump stock... amazing Steve Convoy can keep the scam going
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