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I will look closely into it and cut and paste it here over the weekend when I locate it.
THANK YOU for the update, yes please keep me aware if possible of any new information that you come upon.
I would read the SEC updated Exchange Act Rule 15c2-11 real carefully because I think that when I read it a few weeks ago there was a section where BROKERAGE FIRMS and other entities involved in the market who are well versed and have a great deal of an knowledge and do this for a living in this sector were trying to negotiate a deal with the SEC where they and only they would be allowed to buy and trade tickers under this umbrella. I will check again but I believe that they were in negotiations. Perhaps if and only if this was approved then this would cut out all the con men and perhaps allow legit business to use this ticker for something good. I will see if there was an update but not sure right now what came out of it. Until then good luck.
COME SEPT. 3rd ECCI WILL NO LONGER BE TRADING AS ALL BROKERAGE FIRMS WILL NOT ALLOW THEIR CLIENTS TO BUY OR SELL SHARES IN THIS COMPANY.
I SAY GOODBYE TO A NIGHTMARE OF A COMPANY I ONCE OWNED, HAPPY I SOLD OUT WHEN IT WAS POSSIBLE.
It's about time ECCI was removed from being a trading stock, after the the death of ECCI's original owner and CEO the company was finished.
Time to SELL if you can, take your tax loss and move on from a nightmare of a company.
But my understanding as to the new changes that I read in the documents is that the OTC is actually in the process of negotiating with the SEC as to allowing specific brokers and firms to still be allowed to buy these tickers. Larger and higher powered firms. No formal agreement has been made but it is in the works. But just double check that in case I misread it but I believe that is what I read. I will check it again. Good luck.
But my understanding as to the new changes that I read in the documents is that the OTC is actually in the process of negotiating with the SEC as to allowing specific brokers and firms to still be allowed to buy these tickers. Larger and higher powered firms. No formal agreement has been made but it is in the works. But just double check that in case I misread it but I believe that is what I read. I will check it again. Good luck.
Hope they do something soon, time is running out for the no reporting
Just curious is anyone able to buy on their platforms or are you only allowed to sell? Not sure if the platforms have cut out everyone yet because some individuals are telling me that they can still buy for the next few weeks. Obviously the OTC is still trying to negotiate with the SEC to allow specific brokers to still be allowed to buy in the future but still in the works I believe.
Agreed. I'm telling you as I have been something very strange here. Why waste time with nonsense here unless there really is something here. Maybe they were waiting for the moment when only a specific few could buy whereas everyone else can only sell who knows.
Seeing that 105k block repeating itself among MM again is interesting.
I have been saying for a long time something weird happening here for many months. Perhaps someone trying to scare many from selling by tanking this and as many sell their shares a specific few are sweeping in grabbing these shares. This has a decent share structure. Now that many will not be able to buy only liquidate under the new laws perhaps specific brokers are making buys for a reason and moving in. Almost as if they waited for this moment. Again I do not know what is happening here but enjoying the ride. Good luck all.
ECCI .0001 +9900%. lol. Anyway first time since 7/12 that any trades went at .0001.
I own shares but this stock is dead in the water
Curious if anyone can still buy or if only specific brokers are allowing the buying which may explain the volume.
DISREGARD MY PREVIOUS POST BELOW REGARDING A LOWER PPS. I THOUGHT THAT YOU WERE TALKING ABOUT A DIFFERENT TICKER SORRY. THIS ONE IS AT ITS LOWEST POINT ONLY UP FROM HERE. HOPEFULLY THOSE THAT CAN BUY ARE STARING TO ACCUMULATE. WE WILL SEE.
Be careful not to get caught up and taken down with the recent hype. Perhaps in the future but who knows. I think we still go lower until the true PPS hits. Then it stabilizes and hopefully it takes off.
Yeah no way to know. Atleast there's some action
I know a lot of people cant buy this anymore maybe it is the big firms buying since they are allowed I believe. Who knows.
I'm wondering if ameritrade will let me purchase this?
These, as most of the previous volume, are MORE LIKELY, a continuation of MM Swaps
Good to see some brokers are still allowing traders to buy this one. 13 million traded so far today.
ECCI @ .0001 last day at many brokers to buy this CE stock. At least until the CE is removed.
This, too, is true.
The "lotto" capabilities, however, are pretty strong.
Doesn't mean this will turn into anything.
But unlikely 2b suspended.
Really!!
That's actually good to know.... And although I had somehow breezed over the 15-12, I wasn't certain if the smackdown would NOT also apply here.
Knowing thst it won't us the best news all day.
(I know there are plenty hands wanting the NOW, I fully-suspect it gets greater later).
Incorrect.
They filed a 15(12g) in 2007. They are now exempt from any filing requirements.
While this company is probably still nothing, if your statement is that they need to do something by September to meet with the new SEC guidelines for suspending those companies who have not updated their filings. This does not apply to a company that has filed a 15 (12g).
they basically got till September do do something
Even though it remains a "lotto", sneaking through all the MM share-swapping has been some tremendous accumulation.
While, once again, nothing is definitive, there are those someone(s) who know something.
Thank you very much ThirdSyte
!
ECCI went to EM in 11/19. While it continues to be speculated a custodianship will arise, it has remained a share-swapping shell for months.
Even with the continuous share-swapping, accumulation remains steady, so it remains a lotto at this point with no pending catalyst.
Is there any catalyst with this stock?
I bought this as a long term hold on Estrella post.
She is usually always right.
Thank you for your time,
Marlon
ECCI @.0002 58 million volume just hit.
Hoping for some parabolic news.
Yes. It's coming.
Just hoping it doesn't take another year.
Holding nothing to lose. Will wait them all out.
Thanks.
The ability to make those purchases and the daily volume numbers would lead me to believe the stated outstanding share count is incorrect.
I think the outstanding share count would need to be much higher than stated to support the published numbers.
Good luck to us.
Actually, it can.
MM will swap invisible shares back and forth multiple times a day for decades.
I forget the actual share structure of EMET, but it was reinstated with an AS of 8 billion to financially cover the several billion short.
MM will pull some wonderful, wonderful tricks, digging tremendous holes. Because there is no active 211, MM can exploit the OS anyway they want..
But... Once that changes, they're toast.
I think XMET went to 0.03 (from 0.0001) before the new buyer restructured with a RS, and now it's trading at multiple dimes.
So MM were trading hundreds and hundreds if millions of shares a day... For a year... And none if then existed.
Just to TRY to get a handle on shares, how many were yiu able to buy?
I bought more shares - you can call me very smart or very stupid!!
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