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🧐🧐🧐
Closing was in sight two years ago, 20/20 Ron and ole eagle eye Lawrence
Fun fact, two years ago stock was holding 80 cents ish ish, spiked to dollar land
Now we have more buying opportunity in the 50’s
That share holder retreat with Max Bacon learning roller dogs has made us all rich thank the sweet baby Jesus.
Here is to more nothing!
Well played GM!
Now redline ‘week’ with ‘year’ and your sales will have a longer run
Did the Germans do easter at the mills residence?
The truth is always somewhere in between
Mike- ‘closing’ already baked in don’t ya think? Real question is how much more tolerance is there for delays?
They gotta close Lorton land and then bury somewhere late on a Friday all the dilution that is going to occur to fulfill the infrastructure and execute all the MAGA contracts….cue ‘partners!’ In 3…2…1…
Those partners aren’t working for fee, Cousin Brucy school off roller dogs and penny trading put that in the table of contents
Yikes.
No disputing facts.
and the canada reservations, and the costa rica auto plaza, and the russian import/export, and on and on and on
Yes maybe Exxon was in fact the right answer
Exxon Valdez and ECSL have alot in common!!
British Petroleum
If you think 10 is ok, your going to love 12 and 16!
Congrats to all that were able to claw back some funds and limits some loses on the spike.
Likely won’t see mid 60’s again until greatest Xmas ever 2023
Yesterdays finish was even better! So nice not to see a red day
Now let’s see what happens when the market is actually open
Oh I bet they will find a way that they will never be back in treasury….
Remember when the all that was needed to close was appraisal recertifications in August 2021?
Yeah me too
Anyone want to look at rate sheets from today versus August 2021?
This company is good at one thing, not executing.
Two things actually, stringing along shareholders
Next week, Tomorrow, Next Month, next year?
Does it really matter.
This parallel universe where time is NOT of the essence, transparency doesn't matter and closings don't have to occur to be closed, as well as stock price is insignificant as long as you believe, its all ECSL business concepts that I doubt we will see at Wharton.
Only one answer, and its the same answer
Tomorrow!
But Karl, we were supposed to have a ticker change years ago! On multiple occasions! and a rename! and an uplist!
I dont think anyone here would tell anyone they care about to put money in ECSL at this point.
I think like all things ECSL its alot more complicated than that
1. we need to close the land. Management has demonstrated a lack of ability to do so for a long long time, while the meter ticks, the stock dillutes, and deals get shaped against us.
IF they close the land -
That long list of hopes and dreams that keep evolving in president letters and PR's that never materialize cost money. ECSL doesnt have anything but a concept. No sales, no money, zero competent management.
So where is that money going to come from? As a good friend of mine said downstream, there will be suitors, and there will be terms, and if ECSL management doesnt get its head out of its rear end, they will stall and delay again. If the suitors are satisfied and terms are met, then all of us can expect 20 cents on the dollar in our positions, maybe a nickel? There will be a WHOLE lot more shares in the mix
IF we agree to financing terms on each one of these projects/ventures/JV's/Rev share/ etc....
Then you wont see balance sheet and P and L impact for many many quarters
SMART shareholders have accepted this reality, cheerleaders likely have but they have been buying discounted treasury shares to fund the company for years and years.
CLOSE THE DEAL, get financing for all projects through dilution, take the short end of the stick on rev shares, and then we will finally know what exactly we have here and what its 'worth'
Today its alot closer to 2 cents than it is the $17/$20/$20+ nonsense thats been spouted.
Some reality checks will go around before anybody is cashing any real checks here
Namaste homies
and if you are new here, please please please do your DD, google, read through this board -- HINT: look for patterns.....
Why didn’t any real shareholders, those who know what they hold, those graduated from max bacon school of roller dogs and rolling stock or nobody else buying up to a dollar, bite on the freely available 50,000 for $35,000/ .70 cents a share this afternoon?
Almost like no one wants to buy at ‘market price’ which I believe mirrors this altruistic shareholder financier who comes to the table in exchange for 4% of the company
Note their self proclaimed ‘primary focus’ and how long they have failed at it, all the following ‘update’ of build outs, contractors, should concern all real shareholders. They have no capacity, resource, or vision to complete any of those.
Ron can’t close a zip lock bag for lunch much less close a $3MM deal into $26MM deal into $300MM, let’s just start saying it’s a $3B deal, I’m sure he will really shine then
Coming full circle, I’m confident for those who missed it, you will have ample opportunity at 70 cents and less come Monday to load up the boats, head to the docks, FSR your wagon, put max bacon on speed dial, this continues to be the single greatest stock and management in the history of market trading.
Good chance, 'next year' if the last two years have taught smart investors anything
Afraid they have steamed all the starch out of this one, anticipate it being fake investors fault when there is no pop at closing. And how appreciative everyone should be that they finally closed 2 years too late
Remember in ECSL land, scoreboard never matters and its never lack of leadership or execution and always someone else's fault
oh, thats easy.
Next week.
its ALWAYS the answer.
ALWAYS
Real shareholders know we are talking nonsense
This thing is starting to shape up, SEC infractions continue (disclosure or rather no disclosure), company still has no money, is printing shares to get the deal closed (as real shareholders knew they would all along, despite the adamant postings there would be no dilution) , paying through the proverbial nose for financing (logically we all knew this would happen besides all the posts claiming how great the financing would be), and Ron and Co patting themselves on the back for continued stock decline — stock is below 1 week mark, 1 month mark, 90 day mark, 6 month mark, BOY mark, 1 yr mark and trending into 3 year and 5 year mark
What’s that quote from the classic American comedy ‘wedding crushers’? Oh yes—-I'd like to be pimps from Oakland or cowboys from Arizona but it's not Halloween. Grow up Peter Pan, Count Chocula.
Let’s get this closed, artificially propped to $2 sell half if Ron steps down, sell all of it if he stays on
To know the future my friend, study the past
Real shareholders know that Ron mills and co have squandered the opportunity over the last decade while diluting value.
Nothing changes if nothing changes
No chance it will close this month -- Outside shot this year just because its a clean time line however.....
CTC will take weeks and cant be done until probate is done amongst how many other dozen of items?
Of course no direction from company, EDIT (just shareholder hopes on keyboards communicating how great things are) - (literally can see the same posts at any given time since 2006)
The company has yet to clarify why we dumped soil on a piece of land we don't own, or if the lender is fully satisfied with our excuses and sourcing of said soil.
Hoping for close by year end, but this is ECSL so i am sure there will be more 'news' of ancillary items that distract from this whole land debacle.
Mike - All of that of course is under the presumption the appetite for lending or deal terms aren't evolving, or devolving as it were....
I don't think any 'real' investors expect any of the terms to be advantageous, you and i and others have pointed out consistently the weak negotiating/bargaining position of a pink list penny fuel stock that trades under a healthcare ticker.
Even with the dilution that WILL (and has) occurred, i would like to think maybe we can get this thing pushed and propped at $2. But alas, the more time marches on it may be revealed the market believed this was a 70 cent stock WITH the land CLOSED and its already baked in the preverbal pie.
That doesn't even bring into play that the stock is going to have to buck the entire economic system and market which is going to have headwinds we haven't seen in a long long time, with deteriorating equity positions and declining earnings.
I wonder if the guy who took Lawrence's old position gives out air fryers now instead of toasters?
Yeah, usually love them day one
10-15 years in though, and its beyond time to grow up or fold
Either deliver for once and bankrupt the damn thing, either or
I'm sure loyalty and dedication will be right there at the top of LinkedIn attributes for a non salaried sales agent of a pink stock energy company that trades under a healthcare name.
Whatever address they have on their filings is over near PGA National i think, did a golf trip there a few years back, ate Shula's version of the ole 96'er and got my name on the wall. Its the small victories in life
Nothing like the ECSL roller Max Bacon / Tito fuentes trading school collaboration type victory , but they cant ever take it away from me.
Sure,
but lets not forget about training, product education, lead generation, travel expenses and the like
I think last time i looked the company had like $20 or $30k cash on hand?
That'll get you one month for sales force of 4
So how are we going to pay for product or the lease at PGA national?
ECSL gonna ECSL
To amigos point, how is anything getting paid for? There is no cash
Maybe some additional dilution to cover the new sales folks salaries (my prediction is that if we ever are given the names of the sales team hired, they will be found in prior company filings on direct stock purchases)
After Friday 2pm going into a holiday weekend is right on point for ECSL
Good Job Team!!
Everyone expected the hurricane to provide cover for a bit, right?
Dont forget the holidays are right around the corner, that should keep everyone distracted until end of January
bummer, guess you cant trust anyone anymore
Yeah, nowhere to easily be found clearly
Once the market picks itself up off the floor, im sure people will start buying...
To the people that own it.......
Just a cut and paste from any random quarter since July 2020. Ron and Co are awesome, ECSL is the best run company on the board, the ROI is incredible (if you bought at 5 cents like everyone else did on here), Max Burgandy whereever he lay, would have a tear in his eye at such a great performer.
Such a shame I'm so mentally stunted i cant appreciate the how good management is and how well the company performs.
Not sure if anyone believes this nonsense anymore. What good is another press release with nothing executed going to do?
If we didnt have our rate locked in perpetuity (what a coup that was! A permanent rate lock, not sure how that didnt make page one of the WSJ) i wonder how many millions in interest payments this debacle has cost.
Seriously? everyone not only believes that, but knows that
This management isn't defensible by any definition of successful management.
Dismal execution, complete ineptness controlling company brand/messaging, lack of focus, no follow up, misleading investors
What else did i miss?
Yeah, management is no bueno
But when you apply the max bacon school of forecasting to ECSL, none of it matters because shareholders have wealth beyond their wildest dreams, they just dont know it
Of course you’re not wrong
Just be thankful we have a locked interested rate that never expires, we were really fortunate to be the only borrower in the history of lending to get that
Meanwhile, a buddy of the board pointed me to what our old friend Hightower is up to. White House visits, hitching his wagon to successful people.
Too bad Ron and Co don’t know how to hire good personnel, harvest solid relationships and create power synergies
But back to your point, when you posted that eye opening timeline of the extensions a while back, the excuses were running frequently sept-December last year from ECSL management, while everyone here was being fed ‘nothing to worry shout’ ‘minor setback’ ‘this is normal’
As of this post, we still aren’t closed
My money is this won’t be done by EOY
Hope we are both wrong ….
Yes, yes it was
appraisals just needed to be recertified i believe was the excuse then if memory services
GM had a brillant post about how many delays/extensions/moved goal posts there have been
If i hadnt of gone to the Max Bacon School of Broadcasting and stock trading, i would have never made money here
For those of you keeping score, alot closer to 50 cents than a dollar at this point....