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Has anyone reached out to him for an update? February is almost over....
How much left on 3s?
Official confirmation of production next month is huge.
Dissecting this stock day to day is a waste of time. Either MS gets production going and reports revenue, leading this to penny land.....or he doesn't. What's to argue about?
Bueller.....
Get in before the Thursday news!!
How many 4s left?
Slap the 4s! 6s EOD.
how many 3s left?
Big Day Today.
Pumps have been shipped!!
New Update From CEO Michael Siegel - News on Thursday
January 5, 2013
Happy New Year and this will truly be a Happy New Year. We had a slight hiccup on delivery of two specialty pumps from Germany. The process to make D-20 requires high pressure and temperature of methanol. This make for a very corrosive environment and we can only get these pumps from Germany. The good news is they are on the ship and we should be in production; only three weeks late.
Nick sent the following. “I spent a bit of my holiday time looking at the Korean poultry market and thought I would share something’s I learned which might be helpful to ECOS investors. Korea produces only 80-85% of its chicken requirements. The balance of its requirements come from the US, Brazil and Denmark. The bulk of imported chicken is imported to serve quick serve restaurant business (read KFC) and the regular restaurant business. This is expected to continue over the next 5 years.
US & Brazilian chicken have an imported cost which run about 20% less than Korean chicken This gap will increase over the next five years as the tariff reduction under the US Korea trade agreement kicks in.
Korea principal export markets for chicken are Hong Kong and Vietnam. The export production is less than 10% of the total production and not expected to grow materially over the next five years.
2014 is expected to see an increase in chicken consumption due to the World Cup Soccer tournament. The measuring point for this was the 2010 World Cup. The increase will be temporary (10-15%) and fall back in 2015.
Heating and power costs of Korean chicken producers run about 5% of their total production costs. That means use of D-20 is not driven by cost benefits to the chicken farmer as it is not material but needs to be yield related.
Korean poultry production is vertically integrated. The farms tend to be part of trade groups which include the slaughter houses and producers. Business model similar to Japan.”
The Korean poultry market is regulated by the government in terms of production. When production of a variety of chicken puts pressure on price the government steps in to cut production and manage price.
Some comments. Let’s analyze the numbers. A typical facility that produces 35,000 chickens per month. The use of D-20 allows the chicken to come to market approximately 2-3 days earlier. This will get an extra yield of 1 month or 35,000 chickens. At a minimum of a 1.5% in the reduction of mortality of chickens, this represents an extra 525 chickens per month of output. Korea is eliminating the subsidy of kerosene to farmers. Without this additional cost the same farmer would save 30% on the dollar for fuel at the average monthly consumption of 15,000 liters per month. D-20 will save the farmer approximately $6,750 per month on kerosene costs.
The Poultry Association was the party that conducted the tests and is recommending D-20 to their members.
Look for some more comments on Thursday.
Michael Siegel
Chief Executive Officer
Make it double 5 more times and you can stay.
No, you go elsewhere.
For those reading this forum....
Here's the deal. Per the CEO, revenue is coming in January. If you believe that, BUY this stock. But DON'T buy it thinking that news is coming out tomorrow, it's not.
This will stay between 2 to 5 for the next 3-4 weeks, until we get news about the new revenue.
This stock is for people with some faith and some patience. Not someone looking to get rich tomorrow. (You'll have to wait a month or so for that!)
Momo is fine. Flippers sold. Back up we go.
NEW BLOG ENTRY FROM CEO!!
12-16-2013
The purpose of this blog to be an informal communications between the investor and myself. Informal is the magic word.
Got another question over the weekend from Brian O a long time investor. “What is the status of the company’s other products (Nano-battery and waste units)? Are these viable products? What stage of development and or production are they in?
The battery was ahead of its time and still is. The problem was and still is, the ability to raise the necessary funding to build a production facility. Three separate systems have to be built.
1) Anode can cathode material production
2) Anode and cathode production and;
3) Battery assembly
Steps 1 and 2 are based upon new technology. The total cost was over $100 million with at least 2 years before the first full production. It was impossible to raise the funds especially in the light of the A123 bankruptcy and other battery company problems. If anyone out there has a spare $100 million and wants to get into the battery business call me.
ECOS is progressing with the first sale of a large municipal waste to energy system in the Ukraine. We are talking to a Bank in Europe and Asia to finance the project. Do to the political unrest in the Ukraine the financing has been put on hold till the political problem stabilizes.
Another question is why the toxic debt? This is truly the rock and a hard place dilemma. As management, do I let go key scientist(s) necessary for the success of the company or do I create debt that will dilute the stock. The Board and I feel it is more important to keep the company in operation.
The dilution leads to the next question. “Will ECOS do a reverse split? This has pros and cons. I personally feel that a reverse split without the accompanying revenue will only hurt the investor.
I will address the debt question and reverse split in the future.
Michael Siegel
Chief Executive Officer
Don't bother bid sitting, you're not gonna get it. At least not this week, or next...
Flippers will be missing out bigtime lol.
Not without additional news.
.005 by end of January assuming ECOS does in fact show revenue.
Finally turning the corner guys!
$ECOS #18 on the Breakout Boards.
Get in now before the week is over. CEO has turned the ship and Press Releases are imminent!
GOGOGOGOGO!
Another email from the CEO today!
Things looks great.
This is going to run very soon. People who fled will be very sorry.
$ECOS
How much on the ask?
So tired of reading his duplicate posts day after day after day. We get it, you don't like the company. Guys a broken record.
If he's gone, I'm thrilled.
Bout time.
Where's the earnings report?
By bid sitting you're just holding the stock down....FYI.
Patience.
LOL why are you here?
People need to stop sitting on the 5s and hit the 6s!
THAT IS AWESOME NEWS!!!
ONCE NEWS HITS THIS THING SKYROCKETS.....SLAP THE 6s!!!!
Thanks dad...
BIG ECOS NEWS SOON!!!!!
Slap the 5s. This is .002 with ANY news.
It's actually at 4. lol