Eco Building Products Inc. (fka ECOB)

[Long-vestor]

"who is the knuckle head who made the rule that they don't have to report the a/s increase til AFTER in has all ready begun or finished being injected?"

Oh it's a reported alright, the problem is that ignorant stinky players ain't got the sense nor smarts to do the diligence. Albeit, to discover what's underling in recent reports you have to know where the 40 million debt is. It's hidden in preferred shares. And even if you checked the current reports you wouldn't figure out how it got too $40 million.. B/C Redwood, and their pals switched the loans into them. I think it was up to 25-28 million when they did it but, they are retaining all the privileges the convertible notes had so, @ $40 million, trhe additional $10-15 Million bucks>> that's the default interest and penalties added on since then. (wink)

The additional 8 mil debt is basically what they've lost paying themselves for current BS.

I.E. lost $8 mill to make 44k. LOL.

It's actually bankrupt, failed snake oil product, proved and failed in real tests, real retail stores, the whole shebang. but not filing until Those scam artist lenders get their money back. Hence look deeper b/c when it went belly up, The new con-ya-some-more team has got to be all redwood's doing.

Same old story same old song and dance "That's 1 for you and 10 for us!, Ka-Ching!. Redwood capital thanks you."

All you have to do to scam people and to keep the SEC at bay, is file it, as, it's not the SEC's responsibility to do your due.

$40,465,570 / .00072 = 56,202,180,555.55556 (56.2 BILLION) shares 'fully diluted' outstanding!!

Don't forget that, the balance of some $8 million in taxes, payroll and more toxic loans .. I didn't even bother to add those in, so, we're being extra special way, way too nice b/c that ought to add another 10 billion to it. ;(


Would you like to back check this figure? Call their transfer agent. right? Opps, so srolly but, the transfer agent is Gagged.. Guess why? LOL

CURRENT LIABILITIES
Accounts payable $ 1,439,325
Payroll and taxes payable 1,790,719
Accrued interest 1,091,289

Other payables and accrued expenses 212,481
Derivative liability 40,465,570
Convertible notes payable, net 1,735,170
Loans payable 1,856,220
TOTAL CURRENT LIABILITIES $48,590,774