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I've seen this mostly when orders don't match. But also could be minimum quantity, all or none, fill or kill, quotes could be delayed, or quotes are not being accurately posted.
More than likely highest seller does not have the quantity to fill the lowest buyers order
Someone's trying to buy stock
Any idea why ECOB's Bid is higher than the Ask?????
Last I heard from Steve is that he is Saudi. May explain his not getting back to you. He is hard working and should be given a break every now and then from being at stock holders beckon call. We will get richer from this stock and never made a deal or swung a hammer like him.
If anyone is concerned that this isn't a "real" company, all you have to do is go on Google earth and look at the facility in Colton CA, it is gigantic and right on a rail line. Guthrie Lumber in Austin, the new affiliate in Wisconsin, Interstate Lumber in Stamford, CT. They are all huge facilities on rail lines in their backyard. Management has built an infrastructure that rivals any big box competitor. A fly by night company wouldn't have this kind of infrastructure in place. The only reason to build this kind of infrastructure is to support deals of $100M+ in my opinion. A customer won't give you a huge order if you can't support and execute a sizeable order. Now that everything's in place I believe we are close.
what did you ask?
if they have always replied and now they dont, i would thinkthats a good thing.
Whiskey - Tango - Foxtrot . Acknowledge your Shareholders emails Steve!
Mutiny could ensue
GO ECOB
Funny thing! I wrote to Steve several days ago, no answers. Have a bunch of shares and wanted an in depth set of answers. Seems like he answers only what is convenient, when he wants. Too much +++++PR, and not enough tell it like it is. E.g., where are all those overseas initiatives? Smoke and mirrors?
Yeah - I ran across these guys on a Stock Charts scan I was running. Did some DD and got on the bus as an IRA pick. I like what I read. I contacted ECO Management with ?s and they were down right refreshing - prompt and exact. They are a real company with a good view towards the future.
good looking day with some nice hits, anyone know what's up?
ECOB seems to be gaining a little bit. Few contracts slowly coming in and I like where we head
What is going on here I don't see why this thing is not moving. Everything seems to be in line. Any opinions??
Nicely written post thanks : Perhaps my balance sheet knowledge a bit rusty these days, always thought two columns required - debits & credits etc!
Think you have fast forwarded onto a magical XYZ plan!
Never held a penny stock bought at SP $0.05cents which rose to the dizzy heights of $5 - wow !!! a market cap of one billion US dollars !!!– look forward to cashing in my shares next year- much better than a life policy as I get to stay alive & enjoy the spoils !
Seeing is believing however do admire /enjoy your positivity & forward looking outlook - certainly nothing wrong in supporting your stock.
Put my wooden spoon away for awhile off to the Canary Islands for a little sunshine break!
Good luck Gerry
I totally agree!
I think our sales are picking up; with the merging of E-build & truss, eco inherited a great revenue stream. The Q is lagging compared to operations - IMO -
We have some great things in the works, some we know - some we can only speculate
I speculate Eco is attempting to breach into the toxic pressure treated wood market with a coated product. The only way we can do that is prove the Eco-way offers equal performance to the classic toxic product. I believe we are targeting;Above Ground use: (i.e. wood not in contact with soil)
Remember;
The company has a plan A,B, and C already in place. They are executing it exactly as they spelled it out last year. The first phase was to start to get the product accepted in the market and generate revenue quickly. That is accomplished by selling it at a discount initially, which is why the margins are very low for the time being. Once they get the building code approval the margins will increase substantially. Keep in mind the CEO was the top salesperson at Weyerhauser and won numerous awards for developing a market from zero to over $100M in revenue in a year back in the 90's, so he knows what he is doing. So with A done and B being accomplished with the building code, plan C is to land some large overseas deals. That type of deal is what will make this a $5 stock in a year vs a penny stock. If they had a substantial deal lined up overseas I am quite certain that the strategic partner would provide the financing considering they own 40% of the company and their stake would be worth 50x what it is now. Keep in mind that the Dec Q revenue was up 200% from the year prior Q and they almost equalled all of last years revenue in one Q. For the fiscal year ending June they will probably do $5M-$6M in revenue which is a 500% increase over last year. That should accelerate once the building code is approved to sell into the pressure treated market. For calendar 2012 I think they can do $15M-$20M not including any overseas deals. We are rapidly moving in the right direction imo.
One thing i think we can agree on is the wish to see our ECOB investment prosper - paper profit good for me so far –hope so for you as well !
Ball Park sales/forecasts touted around so far got nowhere near predictions made –even management accept this fact, think they recognize they might need a Plan B or C!
One would hope that MRL will continue to provide financial support as they have rather a large stake in the company as highlighted by your cut & pastes. The company is also apparently keeping its options open to go elsewhere for loans – using assets as security/collateral –that’s ok whilst the asset cake is large enough to go round!
No doubt the CEO will have already have sorted something out –cash flow not great but lots of inventory to sell!
regards Gerry
“If current and projected revenue growth does not meet Management estimates and proceeds received from MRL are insufficient, the Management may choose to raise additional capital through debt and/or equity transactions, reduce certain overhead costs through the deferral of salaries and other means, and settle liabilities through negotiation. Currently, the Company does not have any commitments or assurances for additional capital, other than MRL, nor can the Company provide assurance that such financing will be available to it on favorable terms, or at all. If, after utilizing the existing sources of capital available to the Company, further capital needs are identified and the Company is not successful in obtaining the financing, it may be forced to curtail its existing or planned future operations. The Company has significant inventories on hand and anticipates it will soon generate profits and cash flow from turns of sales and or contracts already on the books. The Company has already taken steps to reduce expenses. As of first of January the Company has also increased the sales price of the Eco Red Shield coatings as applied to finished good lumber sales. The Company believes that it now has gained good traction in the market place with our technology therefore can command a higher premium which will equate to greater margins and increased cash flows. “
Just to clarify;
Trust not a Freudian slip “products utilizing BLUWOOD™ and FRC™ technology” especially with that pending Legal case: agree unsolicted by ECOB mind you got some interest in SP!!
Here is the link to the email / page that mentioned us.
CBIS _ Unless you enjoy pain and torture I suggest you stay as far away from Dr. Boob as possible ~ Anyway
http://www.emailwire.com/release/82044-SRPX-CBIS-ECOB-and-ADST-are-the-Daily-Market-Movers-for-February-14th-from-OTCPickscom.html
It should be noted that
1. this was a daily market mover list. I got it via google alert : ECOB
2. Stock goodies is G6 Stocks
3. IMO - ECO had nothing to do with; Disclosure: OTCPicks.com and affiliates have received five thousand dollars from a third party (G6 Stocks, LLC) for this one-day SRPX email promotion.
I believe stockgoodies picked some active moving companies with forum traffic and plugged them into this ONE DAY SRPX EMAIL
That is all
That wasn't a pump; this is:
We are in deep blue water - with Whales Moving In
Alledgedly
No , thats not a pump. What they did in Jan. 2010 now that was a pump. The stock touched a dollar then.
If you want this stocks PPS to rise, like you say you do, then I would suggset you don't post the words "Pump and Dump" in your board posts. Just a suggestion..
ECOB is an excellent company at this price.
GLTU
They're just telling you to keep ECOB on watch But in my eyes thats a pump!!! Don't get me wrong, I would love to see ECOB start moving but not with pumpers.....I want some LONGS here!!!!
OK thanks for the info.
Go to otcpicks.com ecob february 14th.....thats the email I received
Great to see this out of the .08's already.
So did you get a promo group email or not?
You do realize you can retreive your emails from "recently deleted".
I got my eye on it. The balance sheet looks amazing at first glance.
10Q: Well nearly $1 million in sales revenue –moving in the right direction – gross profit margin is still less than 10% - thought we would be seeing that figure improve exponentially – scale!!!!!
Need that big deal please “We are confident that the potential for the Company to secure a housing development contract in an emerging economy is within our reach in 2012?”
For this 10Q need to have booked approx $17 million in sales revenues to break even!
Meantime guess we can expect another credit facility to be announced soon as MRL monies appear to be fully utilised - not a lot more to be said than has not been mentioned before ---like the new coffee shop addition though!
Will indeed be interesting to see the market reaction today after yesterday volume!
ECOB's rustlin around before tomorrows storm?
Look at the volume. $15,000 buy today at 1:45. Financials released at 5:30PM
Results of Operations for the Three Months Ended December 31, 2011 as Compared to the Three Months Ended December 31, 2010
Revenues and Cost of Sales - For the three months ended December 31, 2011 we had total revenues of $996,845 from product sales, as compared to $368,482 in revenues from product and equipment sales for three month period ended December 31, 2010. Our cost of sales and gross profit for the three months ended December 31, 2011 was $907,371 and $89,474, respectively. This is compared to our cost of sales and gross profit for the three months ended December 31, 2010 of $309,707 and $58,775, respectively. Sales have not yet developed to sufficient levels to improve efficiencies and margins.
Operating Expenses - For the three months ended December 31, 2011, our total operating expenses were $1,719,661 as compared to $1,405,814 for the three month period ended December 31, 2010. Included in our operating expenses for the three months ended December 31, 2011 were compensation and related costs of $649,145. Professional fees included in our operating expenses for the three months ended December 31, 2011 amounted to $226,784. Other significant operating costs we incurred during the three months ended December 31, 2011 included rent of $96,037, consulting fees of $32,461, marketing of $44,079, research and development of $37,585, and other general and administrative costs of $619,840. Include in the other general and administrative costs, our amortization expense for the three months ended December 31, 2011 was inclusive of $252,096 amortization of prepaid loan fees that arose from the issuance of 50,000,000 warrants in July 2011 to a related party as consideration for access to a $5,000,000 revolving line of credit.
Our operating expenses for the three months ended December 31, 2010 consisted of $197,787 of compensation and related costs, $164,758 of professional fees, $91,434 of rent expense, $21,910 of consulting fees, $35,193 of research and development expense, $9,455 of marketing expense, and $885,277 of other general and administrative expenses. Include in the other general and administrative costs, our amortization expense for the three months ended December 31, 2010 was inclusive of $730,636 amortization of prepaid loan fees that arose from the issuance of 50,000,000 warrants in July 2011 to a related party as consideration for access to a $5,000,000 revolving line of credit.
glad you're long, though I disagree about todays stock action. My gut tells me there is something bigger happening. GL.
Im definitely long for this stock but WHAT I WAS SAYING is the volume today is IMHO pumpers/flippers!!! JMO,JMO,JMO!!!!LOL
of course you erased the email. so you're claiming its a pump and dump but you're long stock?!?!
Dont believe me, no problem, I erased the email......Im holding onto my shares but Im not that excited about this volume right now!!!!! I guess we wait and see.
LONG FOR ECOB!!!!
you're full of crap, no one sent an email regarding this stock to you. The company isn't paying for any ir/pr. Post the email you got.
This is a PUMP and DUMP dont get excited yet.....I received an email from some pumper company about 3 days ago!!!
Interesting Volume! What do you guys make of it???
Are we seeing buying pressure going into this ....
Might be signal of good news ... I hope...
Yes; timely filings are appreciated ...
the NT is typical for us here - if this was the first time ever; I might be suspect...
I think -at worse- it (NT's) may make some new investors or investors new to pinks uneasy...
I've experienced some of the worst OTC/pinks can dish out -
And considering - ECOB is a fully sec reporting audited blue sky compliant trading company with institutional investors; my money is very comfortable here...
Always better to file on time don’t you think! Just thought it a bit strange for the auditor to be dismissed after only 8 months!
More importantly - what will the numbers tell us & what is the financial outlook!
--------------------------------------
“DB’s report on the Registrant’s financial statements for the prior fiscal year ended June 30, as well as the subsequent interim periods through the Effective Date (but not including the quarter ended December 31, 2011 for which no statement or review was obtained from DB), “ seems to imply auditors do review 10Q’s but not required to sign off ! Perhaps sensible for the new auditor to have sight before release!
I don't understand ... Are you saying you would rather it have been timely - if in fact the delay is relative to the change in auditors... ??
If you say so ! appreciate 10Q not audited ! wonder why i was told expect them this week -no matter only another 5 days to wait !
You know they have always filed a NT with almost EVERY K&Q they have filed.
If someone wants to know why they switched auditors - call and ask...
But the NT likely has nothing to do with Auditors...
With the change in auditors just announced - not that surprising "Notification that Quarterly Report will be submitted late (NT 10-Q)" just filed - have to wait a bit longer to see the 10Q actual numbers !
I really like this buy! .08 is a great entering price and there is so much potential here! very excited
Effective as of the April 22, 2011, the Board of Directors of the Registrant approved the engagement of dbb mckennon (“ dbb ”) -see 8K today they have been replaced !
ECOB Buying and Waiting. New here... Probably preaching to the choir...
Been following ECOB since the beginning when it was "an idea just born". From there to where the company is today is, of course, lightyears apart. This is such a solid company, with tremendous on-the-ground business sense, carried forward by the non-stop hard work and vision of its CEO. Any reasonable web/news search reveals step after step of an ever-widening sphere of influence producing greater demand for the products and services of the company. What has not happened as yet, it seems to me, is awareness of the company in the general trading market. I don't think that Cramer has gotten wind of it...? But ECOB is so in line with his principles that I cannot see how, if he focuses on it, there would not be a tremendous positive response. My bottom line: Hold onto your hats - It's just a matter of time.
Dade,
I asked ECOB straight up if the stock was going to rise. I told them of my dedication to the company. Steve C. replied that he is constantly testing their products and that he told me that he had investors who would buy out my shares. It was pretty vague, as he must remain, but I felt that his message had promise. I wish I had saved the message to paste in for you.---By the way I bought more today at .08. I hope that is the bottom. --I love the fact that he set up an employee benefit program. I am really hoping that the Brad Pitt and Ellen G. TV spot gives the company the boost it needs to really jump.---
I certainly think we are channeling at a bottom...
We might see some disappointment and panic selling into or out of this report so if your looking to add maybe bidsitters will get some nice fills... I'm tapped $ out :(
Same here with company communications : they are always great!!!
What kind of questions and feedback are you volleying; if I may ask? If you are comfortable to share....
I think this is going to be great year of Us
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