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I know what you mean. Especially about that explanation about delays in 10k due to spanish and Nicaragua
looks like this gorilla is waking up. Nice blocks being swapped right now. Too bad we're on the pink
Cool! Where is everybody?
The dollar size of this order based on estimates is
18 homes x 700 sqft x $15 = $ 189,000
This is just the first batch towards the 700 home kit loi
This is big news. Just check out infonavit
http://online.wsj.com/article/BT-CO-20100406-709644.html
APRIL 6, 2010, 2:10 P.M. ET.Mexican Housing Fund Infonavit Made 103,229 Home Loans In 1Q
MEXICO CITY (Dow Jones)--Mexico's largest home lender, the government-run fund Infonavit, said Tuesday it made 103,229 mortgage loans in the first quarter of the year, more than a fifth of its annual target.
Infonavit said in a press release that an additional 24,000 loans have been approved and are set to be made in the coming weeks.
Once those loans have been made, Infonavit said it will have completed 27% of its goal for the year of at least 475,000 mortgages.
The biggest recipients of loans in the first quarter were the northern industrial state of Nuevo Leon, Mexico City, central Mexico state, and the western state of Jalisco, Infonavit said.
Infonavit had a total mortgage loan portfolio of 641 billion pesos ($52.4 billion) at the end of 2009, of which 5.9% were past-due loans.
Home kits shipping next week...
Eco Global Starts Delivery of Eighteen New Customer Homes
3 minutes ago - Marketwire
Related Companies
Symbol Last %Chg
ECOG 0.017 -15.00%
As of 10:02 AM ET 4/28/10
Eco Global Corporation (PINKSHEETS: ECOG) announced today that it will start shipping INCABLOCK kits as early as next week to Dixie Homes de Mexico S.A. de C. V. This will be an additional order from the original 700-house letter of intent received earlier this month. Daniel Correa stated, "These new orders will concentrate on those potential home buyers that have vacant lots and want to build on such lots."
Eco Global has been selected because of its ability to delivery a quality designed kit house at a very competitive price that can be constructed faster, be more cost effective, and can be shipped almost anywhere. These first houses are being placed through a government program in Mexico known as "Infonavit" which finances the sale of the house to employees with a housing program through their employers. The Company believes this market may be the most overlooked market in Mexico. Eco Global has the ability to ship a designed kit house made from interlocking cement block that is stronger, fire resistant, termite free, and eco friendly.
lol! Not even a bounce even with the news. This cat is really dead...
Out of this POS. This company is a scam.
They print stock and dump it like toilet paper. CEO and his wife run the show. If you count the two reverse splits at 1000 and 100 in '06 & last year, this stock should not even exist. OS briefly went down to 6000 and now back at 100 million
Unregistered Regulation S scam in 06 where 10 million shares were supposingly sold at .50 to only bring in 1 million. Wife's preferred conversion at pre reverse split ratios, giving stock to family members in last November. I'll go as far as stating that this is the worst scam I've ever seen. Where is SEC/FINRA when you need them? They could at least audit their books and easily nail this SOB's
Don't even get why RCI solar is getting involved with a family of crooks!!!
From most recent 10Q
"...On March 26, 2010 B.C. accepted the Company’s offering of common stock pursuant to the merger. B.C.’s sole stockholder shall receive 65,000,000 shares of the Company in exchange for all 5,000 of his shares of B.C. stock...."
What is your interpretation of "Ending our contractual obligation to Oceana enables us to pursue several additional commercial opportunities in the US and the EU more aggressively,"?
On one hand they're breaking a contract with Oceana and other hand they're pursuing new leads.
Lot of trading in past few months has been based on Oceana since the announcement was made in mid 12/09. Should we expect a share swap between those who backed up the Oceana deal and new ones in favor of whatever new oppotunities the company might now be pursuing?
Thanks!
Those are the two MM's to watch out for http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=ECOG&SortBy=volume&Month=3-1-2010&IMAGE1.x=15&IMAGE1.y=4
Can you post the market makers? Just curious where HDSN and ETMM are at right now
Could not agree more. I am stuck to my screen till the 10k shows up
lol. Yesterday, lots of people endured the deadline of filing their taxes and today ECOG investors are more anxious to see the 10k and its content.
But thanks for the enlightenment.
http://theburningplatform.com/blog/2010/04/16/goldmans-2-1-billion-palace/
"...The employee reading lounge features Goldman-approved books, including “On the Brink,” the bestseller by former Goldman Chairman and CEO turned Treasury Secretary Henry Paulson Jr...."
lol...You think someone at FINRA shorted the stock in last couple of days
You and I had a debate about this less than a month ago right here on this board when we were trying to figure out the meaning and interpretation of daily short volumes for ECOG
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=48185061
I even included CDS & HDSN/GS in my post and all of which is in the news today except of course for ECOG and the 10k
I presume you meant billions if not trillions!!!
You think buffett is picking today's GS dip or you think he's the one doing all the dumping
Well, that's just great. I hope he made a bundle . Don't see how though, especially on where the stock has been at since last week.
Has Hooka or anyone tried to get in touch with them to find out what's going on there?
I hope not. I am wondering what's up with the delay though
"...Paulson & Co. is run by John Paulson, who reaped billions by betting against subprime mortgage securities. He is not related to former Treasury Secretary Henry Paulson.
..."
But according to http://www.thenation.com/doc/20060619/prins ?
"...Under Paulson's leadership, Goldman Sachs has become one of Washington's most generous patrons. Paulson is a top donor--mostly to the GOP..."
The "Paulson" name might be a coincidence but not "Goldman Sachs"
Most of the time power & money go hand in hand.
thx for checking Ogclip.
Acutally the 60 mil shares they're not preferred. They're common but in escrow i.e. locked
I don't think the 10k is the issue from item 3
"(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof ?
[ ] Yes [X] No"
on http://www.sec.gov/Archives/edgar/data/1362388/000143774910000927/ecoglobal_nt10k-123109.htm
Well, I at least appreciate your candor in confirming the source of your allegations. I guess Mr. CFO must be having a real hard time finding his next assignment in this economy.
First half of your comments was fully answered in my last post and in details. I have nothing further to add.
The S-8 filed around end of '09 was exactly intended for this . Perhaps your friend sold too soon and only got .0086 for his shares. Imo, he can only blame himself for that.
FYI, the attorney has not resigned and is actually in good terms with the company. Heard it directly from the source itself...
What else is there?
I am sorry but you still don't make sense...If you believe Incablock had assets, why did they need to sell the patent to Randy Brown? Incablock needed DPSS to launch their interlocked blocks business so decided to go through a RM instead of IPO simply because of cost saving measures. Following the merger, Brown's DPSS now shares into the main asset ECOG has, the INCABLOCK patent. Do you at least understand why actually both Brown & Correa need each other at this point?
I don't know what your sources are but it certainly looks like a "divide to conquer" plot from the surface. Not saying you but I'd take things you're fed with a grain of salt and would verify all the information with your own personal DD.
As far as, that BS is concerned, I've known about it for months. My analysis is that most of the losses reflected on it stem from DPSS years of business. Randy does not want to see ECOG BK. He's got 9 mil shares at stake and potetial to make more money when ECOG flies. He also would not know what to do with an interlocked block patent. This is most likely the purpose of that poison pill implementation through preferred stock blank check clause in the merger agreement.
Although you've brought some interesting points that require some serious DD, I honestly think your arguments don't hold water. No pun intended.
I've checked almost everything you've layed on this board and so far so good. Someone's clearly been shorting this stock or is trying to extort stock out of the company, I just hope it's not you.
straight talk please...Collect what again???
Can't you read your own posts. The BS you posted is full of debts and there are no tangible assets.
it just means they're not too anxious to sell and that they're only testing how deep they can take the PPS.
I need more shares...
aaannnnddd back to .035. Ace, you're my genius!!!!
Clearly someone sitting on a boat load selling...imo, they're just trying to use their shares as leverage to repurchase more...
Humh! Makes total sense...BK ECOG and collect air...You must be really bright...Keep it up...
I agree, it's terrible...
You know what, let's cut the chase...just sell me your shares...
Hey ace, let me know when you're done selling...I've got some info to share with you regarding the business registration in Nevada
Good luck to you. Been holding for almost a month & I am still buying. Glad to see Mr Ace's bashing serve its purpose
lol! looks like Randy Brown's unloading his ship.
once weak hands give their shares up we'll jump to .035 & it won't look back again.
Actually, I directly checked every and each one of his half dozen bogus claims against ECOG and nothing matches so far. He can read emails that someone sends him but he clearly doesn't have the know-how to do the leg work himself.
I reiterate that I have proof that this guy has an agenda and that all his allegations against ECOG are false.
This is becoming so ridiculous that I can't resist...
Brown is an insider with 9 mil shares. His Driver Passport was going down that's why he sold it in a RM to Daniel, resigned first as CEO and next as a board member.
Are you by any chance that incompetent CFO who kept asking for stock as payment that Daniel ended up firing? Just a matter of days before your lies get exposed. You know your time is almost up!
As for your intentions, you should perhaps sort things for yourself first. You state on other boards that you own shares. If the bashing you're putting out is what you truly believe then why do you still own this stock at all.
Do yourself a favor and do the basic DD that everyone can do & stop impressing yourself with your incompetence
Whoever he is, he was an insider at one point without a doubt. As Hooka indicated, he's too dumb and he no longer has first hand info. Everything he's posting is old and incorrect.
He's got nothing against ECOG, he's just a flipper who's trying to take advantage of trading swings. I highly suggest he reads http://www.sec.gov/answers/insider.htm instead.
"Illegal insider trading refers generally to buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, while in possession of material, nonpublic information about the security. Insider trading violations may also include "tipping" such information, securities trading by the person "tipped," and securities trading by those who misappropriate such information."