Echo Therapeutics Inc fka ECTE

[ramad]

Today's filing by echo informs the shareholders about the order ti show cause and complaint lodged by the Bessers and their entities.
It us now known that Bishop was in collusion with the Bessers.
Echo denies the allegations and the day of reckoning for the hearing is Dec 8th.

The key point, if the company is unable to overturn the temporary restraining order or settle the company will be unable to continue as a going concern.

Shareholders should hope echo and the other defendants have very good attorneys to show cause to the judge to decide in echo favor without further delays. You can be sure the plaintiffs has the means to have a very good attorney. No quick decision, no funding, close the doors.