That would mean that as of 7-4-09 the average shareholder had 6 million shares, and change. I would speculate that the number of share holders has not changed much. Maybe a few more but with small positions. There hasn't been enough volume to have too much of an impact and it has been mostly flippers IMO. With some luck we should have some good info from EESO in the next 1 to 3 months. GLTY

IMO …The SEC has nailed down every detail of EESO’s existence including the exact number of OS. That number is now known to the DTCC. So the way it should work is that EESO will now have to prove its legitimate intentions to the DTCC with verifiable facts as to the OS and financial status of the company. Audited financials would most likely be the only way EESO can be released by the DTCC. Just my opinion but it seems very logical to me. Again, just my opinion. HAPPY NEW YEAR TO ALL

There are strong opinions on both sides. considering the circumstances if you have a few hundred dollars you can afford to lose it's worth a shot IMO. I own tons and have for a long time.

Of course it is possible that EESO will declare Bankruptcy. It is also possible that EESO has made significant profits over the last 2 years. By significant I mean 10 million or more in profits over the last 2 years. Now that both extremes have been stated I can say that the most likely scenario, by far, will fall somewhere in between these 2 extremes. I think EESO is going to survive and in the next 6 to 12 months our investments will pay off. The “state of the company” PR will give some great clues. IMO

Yes, there will be a PR giving an update of the company situation. The sooner the better! Don't need any tearful confession about the past or any rationalization for actions taken. Just the facts of the current company situation. So, there will be a PR, no doubt! IMO

Murph won't be saying anything because he is no longer associated with EESO. Jared will release a PR when he feels the timing is best. Soon would be good for me. IMO

Judy, I also think the settlement is a very good thing. IMO the SEC adjusted the financial penalties to a level that would leave Jared/EESO solvent while still recovering the non kosher profits made on the stock. The SEC would be very sympathetic to keeping a “REAL AND VIABLE BUSINESS” in business and not doing anything to unnecessarily hurt current stock holders. I think this is a sign that things are going in the right direction. The next step in the recovery process is a detailed PR. Before Christmas would be nice! And of course the better the news in the PR the more bashers will return to this board screaming how it’s all a lie. Can never win the argument with the negatives because manufacturing lies is too easy, but cashing in on a great stock price will be satisfaction enough. All IMO of course.

Now we need a PR from Jared/EESO clearing the air and giving an acurate statement on the status of the company operations. How long before we see that PR I wonder. If it's soon and very informative then I think we will see things changing for the better very soon. IMO

After all this waiting and wondering I know all of us are ready for some news. Good news before Christmas would definitely be a nice holiday enhancer. Happy Holidays to all, even the negatives. GLTA

Your post is a perfect example of unproven negative BS.

Obviously I don’t have all of the information that Jared had as he was making decisions over the last couple of years so it really isn’t possible to see why he did what he did. All of the negative comments about Jared are pure speculation. As usual some are taking little bits of fact adding some BS negative opinions and doing the negative spin dance. When this thing finally sees the light of day and is settled we will have a much better idea of how to view Jared’s decisions. These emotional rants against Jared are such BS!
When the EESO share price hits new highs the negatives will still find a way to give it a negative spin. Negative not for the purpose of being accurate but simply for the purpose of doing anything possible to hurt EESO/Jared. When EESO turns out very good and money is made on our investment the negatives will be very disappointed that they couldn’t bring EESO/Jared down. They don’t care about investors at all. They only care about their negative agenda. IMO

EESO has already passed through a considerable amount of time and extremely difficult circumstances. If it hasn't gone under by now, and it hasn't, the odds favor very strongly that EESO will not go out of business. Infact after passing through all this crap IMO EESO will thrive!

Keep in mind that any poster saying negative things about EESO has no proof. If there were any real and accurate information available we would already have our answer. don't give up on EESO because the best is yet to come!!! IMO

Happy Holidays to all!

Judy, I noticed that your most recent post was removed. It seemed funny and harmless to me but was removed anyway. Don't you think this board is moderated by anti EESO bozos? I do! Unbalanced strongly in the negative direction. Difficult to say the facts/truth here. The more accurate the positive post is the more quickly it will be removed. I hope you get a chance to read this one. IMO GLTA

I think the SEC has a strong ability to coerce and get people like Jared to commit to things like no dilution and no reverse splits. With the correct kind of coercion Jared would make these particular commitments without hearing a direct suggestion from the SEC. Negotiating the punishment would be huge leverage. And it appears that many changes have been negotiated while still under the watchful eye of the SEC. Don’t sell them short, they can get it done. IMO GLTA

The speculation will be over soon and when the dust settles we will have our answer. No matter how it turns out it will be good to finally have it resolved. As for your opinion, please provide proof. You always discount any kind of positive opinion with request for proof but provide no proof of your negative opinion. Sounds like you just don’t like this company. Of course that is your privilege. Look a little way into the future and tell me what your negative post will say when EESO turns out good. Date it a few months into the future and post it now. It will be interesting to see how you make a success look like a failure. I feel sorry for all of the “glass is half empty” people. What a terrible way to face every day! GLTA

Everything is a guessing game at this point. If, in fact, the SEC is willing to negotiate/compromise with Jared/EESO then it may be that the SEC will not force Jared out of ownership/management of any publicly traded company. I have felt reasonably certain for some time now that Jared was going to be prohibited from participating in ownership or management but I am not so sure now. Although any company/individual that wanted to buy EESO would no doubt do some extreme DD and I think that would lead to Jared not being involved with the new structure. Again, this is all a guessing game. With distressed situations usually any buyout would be an asset purchase only. I think Jared will get preferred shares in the new company structure that will take over the production/marketing of the assets of EESO. That way at some point in time, if the new venture is successful, Jared will make some extremely serious money, as will we. And if not successful then the new company will have not wasted any cash on Jared. Bottom line is I don’t think we will see Jared running things going forward.

With so little information it is difficult to make any kind of reasonable guess as to what is going to happen. Either way I think we will soon have a much better idea of where this thing is going. I do think that Jared would be required to sell the company with a no dilution no reverse split clause in the sales agreement. That would be the only requirements the SEC would be able to impose to protect current share holders. Under those circumstances Jared could still be involved but it seems unlikely. I’m looking for good news before Christmas. Sorry for the long rambling answer. GLTA

IMO you are correct. There was a mistake on the part of any broker that now lists Cucos as the company. That mistake was not listed when I looked at my account last week, so for some reason the listed info changed this week. Something IS going on. It could be a good sign because when any entity has been shut down for a prolonged period of time there are always errors, including clerical, when the entity is being re-started. There should be an interesting PR before Christmas. No matter how many negative comments there are I think EESO is going to turn out OK at a minimum and in the medium term could be as good or better than we thought it was going to be when we started this adventure. We should have a very good clue soon! GLTA

I agree. IMO a complete restructuring of EESO has been going on for the last 6 to 10 months. I could write a post 10 pages long on the possibilities, not all of them would be good. However I do have a feeling of positive anticipation for the PR that will most certainly be coming soon. I looked at my TD Ameritrade account this morning and EESO is still the trading symbol but the company name is now Cucos. Any comments? GLTA

IMO EESO and WG must have settled and that is why LCS now exists. GLTA

I think the settlement news is terrific! A very positive sign! It’s unfortunate that JARED/EESO waited till the last possible moment to work hard and get an agreement with the SEC attorneys. Maybe it had to be done this way because of the complications of changing the general business structure as it relates to doing business going forward. I hope the agreed upon settlement doesn’t get lost because of more poor timing. GLTA

Free advice is worth exactly what you paid for it.

Your theory fits the facts very well. I just wonder if the SEC will allow Jared to continue to control EESO or any public company.

No dilution either.

I am guessing that Jared has sold his ownership in EESO for a chunk of preferred stock in LCS or SNMN. That would fit because it is unlikely that the SEC would allow Jared to control any publicly traded company for at least the next few years and he needs to put himself in a position to come up with a sizeable chunk of cash in the next year or so. This way Jared can cash out and the new buyer can pay a fair price for jared's preferred shares in a stock swap. Then we share holders will have to wait and see if this is going to turn into a winner or not. I also think the sale will be handled so as to protect the current share holders. I am guessing that the SEC will have placed some conditions on the details of how the company will be handled going forward. For example… NO REVERSE SPLITS
From the info that is available it appears that Jared has already made arrangements to protect employees and that’s a very good sign. All IMO of course.

What is your view/opinion of the info in your post. Any dates on this info that clarify if the info is recent.

Their valuation of EESO was based on the business they knew they could get if they were in control of the formulas. IMO It is that simple. They were not buying EESO's business portfolio, they were buying the business portfolio they were going to generate with the formulas.

The point of buyout offer, that did happen, is that an outside group with the resources to make the purchase placed a value on EESO that is substantial. The group making the offer would not have known that the offer could not be accepted. IMO that means that the offer price is a conservative valuation of EESO.

Provide proof please.

It appears from Jared’s deposition that the 0.10 cent per share buyout offer has been confirmed as real. I never doubted! I am going to use general numbers to make the remainder of my point. If there were approximately 400 million shares outstanding when this offer was made then the buyout offer was for $40 million. Obviously Jared would be getting a significant some for his preferred shares on top of this. For arguments sake I will say that Jared would be taking at least 10 million for himself and that is probably conservative. So at the time of the buyout offer EESO was valued at 50 million by the parties interested in buying EESO. Jared turned down this offer and ask for 0.15 per share with 25 million in cash and the remainder in stock. That would make EESO worth approximately 75 million.
OK, what has changed since then? Lots of legal problems but the basis for the buyout offer is unchanged. EESO was not doing any significant business at the time so this offer was based solely on the value of the formulas. There was nothing else to buy. No important assets and certainly no significant receivables. Regardless of all the BS negative comments about the formulas the fact remains that a buyout offer (50 million or more IMO) was made by successful companies that don’t spend money recklessly and the only assets at the time were the formulas. IMO the value of EESO is unchanged since the buyout offer. The only question that remains is how will Jared/EESO go forward. Selling the retail/industrial products to WG makes the most sense because Jared/EESO doesn’t have the money to support market penetration for these products and also money is needed to pay the SEC. The real money is in the pig poop formula. If there is ever going to be a home run it will be the pig poop formula. If Jared will stop stepping on his own swantz and make some good decisions we could still come out of this in excellent shape. All IMO of course.

Re: EESO
From: Mark Murphy <murph@enzymeconsultants.com>
View Contact
To:
________________________________________
I am transitioning to another vocation.
I will be working for a ministry that does work in Haiti.
Still communicating with the SEC.
Hope we can finish with them soon and release update.

IMO There will be an update and it will be about ongoing operations and/or the sale of the company. It will probably happen relatively soon because Jared is not going to be able to delay the SEC much longer.

If you call the EESO office you will notice that the recorded message has changed. I am going to guess that the office has or is going to change locations, maybe to Jared’s house. One more sign that sometime very soon there will be a significant change in the status quo. IMO

What are you afraid of? The truth?

With a patent all details of the product are made public record. A proprietary formula gives the owner of that formula the right to protect the formula from employees by confidentiality agreements and nondisclosure agreements and at the same time keeps the formula information private. IMO the formulas are worth protecting and put in the proper hands will pay off handsomely IMO.

How would it complicate things if Jared were naïve enough to give preferred shares to Allie Baba? I’ll bet it happened.

Because of the position Jared is now in the best possible situation for him is to make EESO work. I think his intensions were/are good.

When a defendant’s strategy is to delay…delay…delay… it would appear that the defendant is the party dealing from a position of weakness. Otherwise they would want to move on this and save attorney fees, time, and trouble. They may be thinking that EESO is going to go out of business and the problem will go away. I had the feeling that EESO was trying to finish WG before they finished the SEC. It would be difficult to sell EESO with WG and the SEC pending. So it looks like the ride is going to get a good bit longer. We may be well into next year before we find out our collective investment fate. It would be nice if it happened sooner but I can’t see anything positive happening until at least the SEC is settled and then EESO may still be in a position that keeps them from giving out any meaningful info because they don’t want to give any info advantage to WG. If EESO gets another extension from the SEC that goes beyond the new dates set for EESO/WG
I would view that as positive because the SEC may be willing to cooperate so as to not cause harm to EESO with their WG legal problem. The question would then become who can delay the longest. What do you think?

Sounds to me like the potential options are narrowing.
1 – EESO is not manufacturing anything and is licensing out its formulas.
2 – EESO is not manufacturing anything and the entire company will be sold when SEC and WG are all wrapped up.
3 – EESO is selling the retail side when SEC and WG are settled and the Industrial/agriculture side will continue on, manufacturing as needed or outsourcing the manufacturing as needed or licensing the products.

These are the most likely scenarios in my opinion.
Personally I like door number 3.

GLTA

Thanks Judy. Just as I thought, a negative twist from dark side. Thanks again! GLTY

Any posted comments on Jared's testimony should also include posting the pertinent pages of Jared’s testimony that are being commented on. Otherwise it is just unsubstantiated opinion.

Judy - I assume that the other posters will not post the pages they are referring to so if you have read the entire testimony would it be possible for you to comment on or post the pages or both regarding ABCDEFG and offshore banking?