EcoPlus Inc (ECPL)

[trefontane]

Read Bens tweet from last week. They have signed docs from the trust approving the cancelation. The TA is not going to do it unless the court signs off. Ben has his lawyer preparing to submit a motion for cancelation. Slow process but in the works. Should be approved.

[koolmc]

nope

[fink]

You hear anything?

[koolmc]

so much for the share reduction

[trefontane]

This is back to Pink Current.

[fink]

Dump TD.
E-trade allows it.

[fink]

Game changer for this shell if he pulls it off.
If no one objects, then it’s a green light.

[trefontane]

I tried to place an order and TD said no. Probably due to the Yield.
Ben did say he didn't know what was going with the yield but but will get it corrected.

[aljafy]

$ECPL I had previously reached a settlement with the Hicks trust. Due to lost certificates (and transfer agent policies) my attorney prepared an addendum we will submit to the courts when executed. The goal is a court order directing the TA to cancel over 4bil shares agreed upon.

— Synergy Management (@synergymgtgroup) February 2, 2023

[trefontane]

Yeah hes doing the dance, but the bond market , the weakening dollar are saying otherwise. He may not cut rates but he will stop this year and the market knows this and you see it in equities and bonds.

[fink]

Powell just raised rates.
I don’t think a pivot is in the cards till late Summer.
I swear, I think he’s a white hat and out to crush Euro and Brits Centrsl banks. Steal all their gold to remain on the US welfare plan.

I was hoping he do two consecutive 1/2% raises.
Inflation is over 10% they want inflation. Biggest scam on Americans.

The central banks are ponzie schemes. Just so long as our ponzie is the last standing. I think that’s Powell game plan. His replacement is a Davos highly educated clown like Yellen.

I like Powell. Hate the central bank system.

[trefontane]

Yeah Ive got about 400,000 under 2 so I'm good for now. Maybe pick up if it drops below .015 but I don't think it will. Someone has been netting a lot of shares at the bid lately. Ben is working on the cancelation of the 4b restricted. He is having the court address. This will be a nice shell at 22 mill OS. With the fed starting to pivot, we should see the credit markets improve quicker than most people think.

[fink]

For sure. No worries.
I just want a major sell off to snag a starter

OPUS too. Waiting to see if these legacy holders exit now thst that’s open to trade.,

[trefontane]

Usually qrtly you have 15 days after end of period, so they should have until Feb 15. Their fiscal ends in Oct so 1st qtr ends Jan 31. Ben has a good lawyer so Im sure he will clean it up quick.

[fink]

Looks like Q1 was due Jan 31 from the previous Q reports.

Simple copy paste, cut a check. Ben might not cut a check till he has a buyer on the hook? I know that was the old days. OTC not fooling around anymore.,

[trefontane]

Anyone know why its pink limited now? I've reached out to Ben to get clarification. Ill let you know if I get anything.

[fink]

I’m not sure the back room operations on OTC. Probably is another fee that had to be paid or some shit to milk Ben.
He has an OTC liaison. He told me they call numerous times a week trying to hit him up for more money. Sometimes the fees are not worth it. But in this economy. Every edge helps.

Prior to the Sept 28 drama, they wouldn’t even care to be current do long as it was trading. It just adds to the cost selling the shell to the next guy.

[trefontane]

They did have it verified during the process. Then just recently, the transfer agent verified status was removed , and now its back verified again. I'm just curious if they changed transfer agents. Don't remember the name listed. Could be no change, don't know.

[fink]

It has to be who ever Synergy uses the most.,
I didn’t think they could have gotten current without a verified T/A

[trefontane]

The transfer agent is verified again on OTC Market . Does anyone remember if that is a change ? Hoping its a new one and they are more friendly to canceling the restricted shares.

[trefontane]

Yes someone's patience has been rewarded. Or its just MM traded shares.

[aljafy]

Holy volume Batman!

[fink]

Not me. I’m broke till March. OPUS was the only thing I’ve tried to score. 50,000% was too fast to catch any .0001s when it went pink limited yesterday, it’s still has an insane spread. A good score under .03
.015 x .14 insane.
Synergy adding to its stock pile of shells.

[trefontane]

I hope that was you who got those 200,000 tickets. Whomevers been sitting on the 151 has accumulated a nice bag

[trefontane]

I believe he is working on it but its not as clean as $AESO was. Probably has to work through a few things with holders and the TA.

I don't think he would have spent the money to get it out of EM and Pink current if he didn't have a path to getting it done.

[fink]

I dont think that can happen without some sort of deal.
Ben holds control with that single class A share that converts into x4 the O/S.
Those restricted are in some Estate thingy. How that is set up can be sticky or simple. You’d think that estate investment has been viewed as a dead end for years. Kids of the estate probably own it. Take the $50k and move on?
I’d assume Ben is in some sort of agreement to sell that block to whom ever wants to buy the shell, Along with the Class A p-share. Only the Holder of the Class A can convert those Restricted. So you’d assume to have this shell this far alone being cleaned, they are in agreement to split what ever is offered for the shell..
I’d say those are as good as returned back into treasury anyways.
You got here a $660k Market Cap. Not at all bad.
Those 4Billion shares is just retarded. That estate got hosed buying all those.

[Lime Time]

Share reduction would be great here. Like a GS type share reduction.

[koolmc]

the bid jumped that's why you don't see it

[koolmc]

the bid jumped that's why you don't see it

[trefontane]

That was interesting. I saw 380,000 shares on the bid at .015 after the open. Don't see it anymore on L2. MM hiding it?

[koolmc]

yeah same here should see something about share reduction this month.

[trefontane]

Given that ECPL just went current in December, I would think Ben will apply sometime in Jan. It makes the shell more valuable so Id be surprised Ben doesn't get it done soon

[koolmc]

still waiting for share reduction zzzz

[trefontane]

I think your spot on Fink. a good stink bid could get filled in the low .01s. Ill still nibble on anything under .02 when the chance presents itself.

[fink]

Who ever got those 40k probably painted with that last ask slap.

This has tons of time. Set those BIDs deep
The larger you can place an order is like a bigger piece of bait.
A 380k BID @ .015 might be too tempting for an old legacy bag holder not to take the exit

There is 130k at .04 up for sale.
Give it time, those shares will bail closer to end of the year.

[trefontane]

Anybody here get those shares at .0151? Didn't have my bid in and missed it.. Nice catch whom ever got them. Hopefully there are more available down here.

[fink]

Allow legacy bag holders time to exit.
They have been locked out for how long?
And it’s end of the year paper tax loss season, and Christmas.

[Lime Time]

.04s up hardly anything there

[trefontane]

Wow, we just skipped all of the .03's

[trefontane]

Hoping to get close to 500,000 shares before the share cancelation(its not me hitting the ask today) Half way there.

These are good shells to sit on a RM. Should see a nice move here and with any luck a monster move with a multi mill revenue producing company

[koolmc]

waiting on that share reduction then it will really go

[fink]

The big move to put all dead shells on the EM was a great move to weed the field. Only the good shells that have potential to actually have potential, will get the effort to be rebirthed. Those with massive debt will be left to die. Those that will deal their old debt, restricted shares and P-shares will come back alive.

It’s really a good thing.

I want OPUS something bad. MMs will run that .0001 low float as far up as they can before it gets current. Just like in here. They will take the cream off the top when the time is ripe.
It’s a new game. If you see volume in a dead EM shell, it’s about to come current. It’s a new rule in this play ground.,

[koolmc]

yes ecpl was expert for long time, like other's out there. i'm seeing more and more em plays getting out of expert market to pink yield/current.

[fink]

MMs are just building a massive short position. Nothing else is going on in this. They hope a big exit is seen and they can cover to bank a few $

They could get the holy chit squeezed out of them.

Ben comes out with killer news and look out above. It’s a pipe dream, but it’s what Synergy does.
I may chunk in another $500 by Friday’s close..

[koolmc]

don't think there is much on ask after cdel, although gtsm does have a habit of hiding shares.

[fink]

Nice.
Does anyone think the shares on the Ask are even real?
You’d think any old legacy bag holder wanted to exit, they’d hit the BID hard. Why put shares on the Ask. Exit and move on with your life.

I’m not buying any of those share on the Ask are legit. All vapor, shorting. Because they can.

Tell me again, how long was this on the Expert Market? At least 9/28/2021 that’s a long time to sit looking at dead money.
I got one I’d love to exit at any loss to get it off my portfolio. Tri Star, some chit? Tempus Applied solutions. A bunch of old L-1011 refueler aircraft.

[koolmc]

.0298 hit no mm's after .03 lool

[Lime Time]

Here we go. Getting bids coming in

[koolmc]

.025 hit nice action

[trefontane]

Someone is hungry