Eco Building Products Inc. (fka ECOB)

[Long-vestor]

They can't sell that BS anymore, as well, patent applied is not a patent, and their claims of having a patent is BS. Anybody who'd 'invest' in a patent knows better. 'Patent applied for' is of the known, usual scam tactics.

All this scam is trying to do now, most especially since the 8K says it clearly, is, enable toxic.

Moreover this appears to be the reality.

if Toxic would actually let him file BK on more than 20 million debt, while he's got another 10 billion shares for dumping post RS, that seems improbable. If he files BK they own it, those convertible preferred have priority and lean against the whole potato, fryers, chopping knives and french-fry bags. Who'd want a cheap butt used up bag of fries at the cost of 25 times its asset gross worth? I'm thinking mafia wouldn't want to stand within 3,000 miles of the stench pile. It's not their forte`.

So, would mafia type 'lenders' let him??

Rather, Toxic has taken in their front man to pump and dump it as long as possible.

Inevitably, it's bankrupt, playing toxic death spiral too the end.

ConMan spend thrift has nothing but enriched toxic scam lenders, and this new clown is in place to finish it off into nothing.

I believe that, once toxic is done with this, they'll declare BK, so they can move the paint into a privet arena.

Most probably ConMan will make another appearance but, hiding within a none public corporate shield.. That's what the majority of these scams do.. run It to wreck as an advertising venue and once the public corporation goes bankrupt, put it into a private corp.


Bleed it into death agreement:

LEAK-OUT AGREEMENT



THIS LEAK-OUT AGREEMENT (the “Agreement”) is made and entered into as of this 10th day of July 2015, among Dominion Capital LLC, Redwood Management, LLC, Redwood Fund II, LLC, Redwood Fund III, LLC (collectively, “Redwood”), and Apollo Capital Corp. (collectively, the “Holders;” individually, each of Dominion, all Redwood affiliates, and Apollo, a “Holder”) and Eco Building Products, Inc., a Colorado corporation (the “Company”).



Capitalized terms used and not defined herein shall have the meanings ascribed to them in the Series C Preferred (defined below).



RECITALS



WHEREAS, the Company is the issuer of Series C Preferred the certificate of designations of which is attached hereto at Schedule A (collectively, the “Series C Preferred”) running in favor of the Holders; and



WHEREAS, the Series C Preferred provided the Holders with the right to convert the principal balance and accrued interest due pursuant to the Series C Preferred into shares of common stock of the Company (“Common Stock”); and



WHEREAS, the Company has presently placed in reserve with its Transfer Agent (Fidelity Transfer Company) 3,235,294,118 shares of common stock to convert the Remaining Principal Balance and accrued interest due pursuant to the Series C Preferred into Common Stock; and



WHEREAS, the Company and the Holders agree to enter into this Agreement in order to provide for the orderly conversion or payment of the Series C Preferred; and

Into November and after that time, Toxic is allowed to convert the rest, and will have dumped enough to increase the amounts the SEC allows.

By November's deadline, it'll be 5 billion outstanding.
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