If their lawyers have had certified geotechnical reports in-hand for weeks, how is this the sole reason this is still dragging on? There has to be an area of concern somewhere.

It’s not billable hours at this point as I’m sure all parties are applying a lot of pressure to get this finished.

Hopefully next week!

No more than twelve days away….we hope!

Note 12. Subsequent events
In preparing the financial statements, the Company has evaluated events and transactions for potential recognition of disclosure through May 20, 2022, the date the financial statements were available to be issued.
Subsequent to March 31, 2022, the company received an extension for closing on the contract to acquire real estate at the Port of Tampa. The extension is valid until June 4, 2022, by this time the company expects to close.

Last update didn’t give length of this extension. Not that anyone knows, but I wonder how long it’ll take from here? 30-45 days?

Optimism isn’t going to get this to existence.

We got the commitment letter, which is great, but with verbiage issues. No follow up since indicating it’s signed and in the sellers/lawyers hands preparing for closing. Just left to assume/hope that’s the case.

It’s beyond frustrating, but I’ve come to the realization this is who they are. To me the risk is worth taking based on timing and potential value to big oil. Could have a triple digit PPS, or $0…..guess we’ll see SOON!

I agree to a point. If this was handled better, people would be buying. This has been one blunder after another. Blatant mistruths from one release to the next.

All goes away with release we own properties, but when the heck will that be?

That’s apparent!

Still don’t understand how something that’s going to be $10 by the end of the month, then $20 later this year (not going to mention the $50) is dead quiet. No matter how many shares you currently own, it seems those who 100% believe would be buying these levels. Maybe the 8 or 9 updates promising closing that never happened influence one’s confidence now?!

Patience or insanity, not sure!

3 weeks after financing commitment letter and no closing date yet?

Random question, but anyone know how many holders have over 1m shares?

No worries, they can buy back in the 60’s in 3-4 weeks from now. That’s the game, right?

I think we’d be thrilled if this could close in three weeks.

Maybe we should get the closing out of the way first?

Fuel potential is obvious. Do we have the right people to get us there?

Got almost a million reasons why I’m hoping so!

Hope you’re not solely basing your guarantee on what IR is able to tell you?! 100% is awfully strong based on where this sits.

Stockman,

I agree we potentially have the goods, but can this company put something of this scale together? Not belittling efforts to date or the overall magnitude of this, but they have a way of continually creating doubt.

Hearing there may be news tomorrow.

Hopefully this administration won’t stymie this like everything else!

I truly believe this is going to happen, and I believe it’s going to be very prosperous for all of us. Could they be doing a better job communicating progress, of course. Are we all frustrated, hell yes.

There’s clearly a lot we don’t know, nor can they share at this point. I think you have to trust what we think we know and hope Ron/John pull this off. I wouldn’t blame anyone for losing faith, but imagine selling and having this thing skyrocket? Seems crazy from here, but I bought in with the anticipation for a buyout. Truly believe the skies the limit for this if they can drag us over the starting line.

There’s a lot of questions here, but potential revenue is not one of them.

Now we’re looking at mid April….maybe

PR or shareholders update tomorrow…? I guess if we’re going to get to $2 by Tuesday, it’ll need to be a PR.

Not sure anyone is laughing at this point! Everyone wants to believe it’s this month, just like last month, and the month before, and…..but foolish not to doubt any timeframe ecsl has ever given. They’d have to hit one to be credible.

Wouldn’t have bet the farm if I didn’t believe, but come the 28th and we’re not closed, it’s officially a duck! Another missed deadline means they can’t close!

The good/bad news is we’ll know our fate in no more than four weeks. To the moon or buried in the back yard.

Let’s get it done ECSL team!

Clearly no PR this week. Hope the release (assuming we get one) is definitive with facts/dates, not more excuses of why they haven’t secured financing and closed.

Hopefully they don’t announce the need for another extension. Tough to accept after last release stating “last” extension. No reasonable excuses left at this stage.

Hope you’re right!

Little to no chance the closing is done by the 19th is what I was told. I’ll get new sources when proven wrong. I’d love my source to be wrong! I have way too much invested to see the can kicked down the road again.

Obviously I understand there’s been significant progress and efforts in putting this together, but this goes nowhere until we own the property, which is why I see the closing as our first step to getting this off to big numbers.

I think we can all see the potential if this deal comes together, but the big question is, can they get this over the damn start line and close. Based on my sources, I see little to no chance of this being done within the 45 day extension. At some point really soon, dates and time to all parties will matter.

When/if we miss another deadline, it will be interesting what excuses Cyberfuels tries to push?!

https://www.otcmarkets.com/stock/ECSL/security

Well, there’s a lot of new authorized shares so you tell me?! No release about adding shares?!

Nine weeks and no updates from new management. As stated in only release, klipper hired to promote investor relations. Not sure what investors, because it’s been business as usual.

Fast forward to June without release, this stock will get gutted from those of us who finally lost faith and try to trim large positions.Total BS they can’t give a vague update. Missed timelines aren’t the problem, just horrible communication.

None of that means sh**.....when something legitimate comes out, let me know!

Another no news, no release week!

If everything is as stated, which is quite a reach, you’d have to think a buyout is in play, no? No matter how big this is to ecsl, it’s peanuts to the giants of the industry.

Hopefully the next release comes well before the closing. If they’re guessing April/may, id guess July/august at best. We’d likely see .25 if that happens.

Wouldn’t have expected to lose all momentum and be down 40% ish in a week.

Disheartening the turn this took after a couple releases.

Agreed....many here thinking they need total financing, which is incorrect.

The release stated “cyberfuels doesn’t have total financing in place”. Clearly they couldn’t set closing or finish the agreement without proof of funds on the real estate. I’d imagine the remaining financing needed is the project costs outside the real estate.

Think contracts and players announced before closing?

40k more in two days. Thanks!

It sounds like people are really hung up in the financing verbiage. No chance they are this far along and don’t have it near secured. Outside chance they need more than originally thought due to size of project, but I’m sure there’s many avenues they can go get it.