Friday, May 19, 2017 6:58:52 PM
I invested in the management team here and not so much the company. I thought I had over paid when I was buying .20 cents. When I seen EXCC in decline I decided to cut losses around .17 and .18 and just watched it slowly decline over the last two months. I knew that I wanted back in and when the stock went under .10 cents that's when I knew it was time to buy back in.
A lot remains to be seen so I am not going to sugar coat anything here? The news of the default and the weak Quarterly doesn't make me smile. I do believe these guys are going to pull something out of their hats. A partnership or something unique to EXCC maybe. This management team Mr. Hyde, and Mr. Winspear have built large companies in the past. I think they are going to try to do the same here with EXCC. Mr. Hyde is an inventor and he created a very successful check processing system that went in more than 2,000 seven elevens.
I listened to the Nobocon Video manytimes and I am very impressed with these guys. As of right now I only invested about 4 grand for 50,000 shares at .082 average. So it's not a lot of money if I should lose it here. I think the uncertainly is already priced in the stock. With better Quarterly's and Better News EXCC will Explode in my opinion as most of the longs here got the float under tight lockdown. Plus these longs are still continuing to buy weakness. So I doubt we see EXCC decline much lower in my opinion.
Take Care and have a Great Weekend!
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