EcoloClean Industries (ECCI)

[Bona Vista]

I totally agree with you and yes I interpreted the same from SEC, with that said, I too will be holding unto LUCKIN till the end and hope for a happy ending.
Thank you again for your speedy replies to my questions, look forward to your continued posts and updates.

[integrity3]

First as per LUCKIN I knew someone who owned it before the craziness at 2.25 and it went to $50 plus. He did not sell where he would have been wealthy and you know the rest. Now this ticker continues to be a mystery as to what is really happening. It is hard to believe anything posted from this company, etc. If its price comes down I may look at it but with all the risks right now and its history I will wait until it really drops if it does.

Now as per ECCI I am holding. I have nothing to lose worst case I lose some best case I visit a different city around the world daily for the rest of my life. This ticker has been very strange to me the buying modes, the ups and downs, the moving into expert market, etc. Very unconventional. I could be wrong but my understanding of what I sent you is if approved then specific entities can buy and sell responsibly as per the SEC. Do you agree that this is the case as per what I sent you because that was my interpretation.

I have a hypothetical situation. What if this does get approved and you me and Joe down the road can't buy any shares only specific high rollers are allowed but we can liquidate. Again we can still sell but they can do both. What if they start gobbling everything up while we watch without being allowed to buy and then this ticker goes current with a merger. Then by the time we can buy it is to expensive or just out of my price range. That would be a great regret. My buddies dad owned Mcdonlads when it first appeared on the exchange and he sold right away. Till this day he talks about his regret. Sorry I can't take the chance I will sit on this till the end. The share structure here is not bad so not sure what will happen maybe something maybe nothing but time will tell. Good luck.

[Bona Vista]

Thank you for the update, very interesting remarks from the SEC, and only confuses me even more as to what action we should be taking if any.
What are your thoughts, and should it be wise to wait for ER or further NEWS RELEASES from LUCKIN??

[integrity3]

Hey this is what I had found. Pay close attention to the middle of the info below where I put plus signs to highlight and where it states "quote distribution would be limited to “professional investors” etc. Let me know your thoughts because my understanding is that they are considering giving an option to qualified institutional buyers.



5. POSSIBLE EXEMPTIONS
Based on numerous comment letters that it received on the proposed amendments, the SEC expressly recognized
that there are concerns about the loss of quoted markets for certain securities as a result of the implementation of
the Rule, and stated that it would be open to considering requests for exemptions. 29 With particular focus on the
loss of piggybacking, the SEC stated that the following factors would be relevant in considering an exemption request,
depending upon the facts and circumstances:
- issuers and/or securities that are less susceptible to fraud or manipulation;
- securities that have an established prior history of regular quoting and trading activity;
- issuers that do not have an adverse regulatory history;
- issuers that have complied with any applicable state or local disclosure regulations that require that the
issuer provide its financial information to its shareholders on a regular basis, such as annually;
- issuers that have complied with any tax obligations as of the most recent tax year;
- issuers that have recently made material disclosures as part of a reverse merger; and
- facts and circumstances that present other features that are consistent with the goals of the amended Rule
of enhancing protections for investors, particularly retail investors.

++++++------Intriguingly, the SEC also said that it was open to the possibility of recognizing an “expert market” where the Rule
would not apply. In such a market, quote distribution would be limited to “professional investors” and certain nonprofessional investors would only be allowed to liquidate holdings.30 The SEC discussed some features of this
market:31--------

-It must not have the potential to develop into a parallel market for which quotations are accessible by retail
investors and the general public; and
- It would be narrowly tailored to sophisticated investors, such as qualified institutional buyers, accredited
investors, registered investment companies and investment advisers, banks, and broker-dealers.
The SEC recommended that requests for exemption be make expeditiously during the 9-month transition period.32

[Bona Vista]

Thank you

[integrity3]

I will look closely into it and cut and paste it here over the weekend when I locate it.

[Bona Vista]

THANK YOU for the update, yes please keep me aware if possible of any new information that you come upon.

[integrity3]

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.

[integrity3]

[Bona Vista]

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.

[Bona Vista]

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.

[integrity3]

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.

[integrity3]

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.

[integrity3]

[Charlie3274]

Hope they do something soon, time is running out for the no reporting

[integrity3]

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.

[integrity3]

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.

[ThirdSyte]

Seeing that 105k block repeating itself among MM again is interesting.

[integrity3]

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.

[findit]

ECCI .0001 +9900%. lol. Anyway first time since 7/12 that any trades went at .0001.

[BBB]

I own shares but this stock is dead in the water

[integrity3]

Curious if anyone can still buy or if only specific brokers are allowing the buying which may explain the volume.

[integrity3]

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.

[integrity3]

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.

[RiskyBiskits10]

Yeah no way to know. Atleast there's some action

[integrity3]

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.

[RiskyBiskits10]

5 mil volume today. Weird.

[Epson]

Both. Lol

[Epson]

I'm wondering if ameritrade will let me purchase this?

[ThirdSyte]

These, as most of the previous volume, are MORE LIKELY, a continuation of MM Swaps

[findit]

Good to see some brokers are still allowing traders to buy this one. 13 million traded so far today.

[BBB]

Wake me up when this puppy is 10 cents :)

[findit]

ECCI @ .0001 last day at many brokers to buy this CE stock. At least until the CE is removed.

[ThirdSyte]

This, too, is true.

The "lotto" capabilities, however, are pretty strong.

[GR8 Dad]

Doesn't mean this will turn into anything.

But unlikely 2b suspended.

[ThirdSyte]

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).

[GR8 Dad]

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).

[Charlie3274]

they basically got till September do do something

[ThirdSyte]

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.

[Your Humble Emulater]

Thank you very much ThirdSyte
!

[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.

[Your Humble Emulater]

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

[findit]

ECCI @.0002 58 million volume just hit.

[ThirdSyte]

Hoping for some parabolic news.

Yes. It's coming.

Just hoping it doesn't take another year.

[APApple]

All we can do it wait... $ECCI

[integrity3]

Holding nothing to lose. Will wait them all out.

[inventor1]

I’m holding my sack of 10 million

[Nflgiants86]

No volume? Is this stock dead?

[BillionBux]

Possibly

[GR8 Dad]

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.