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NO, IT GETS SIMPLER. Literally. ESCU has yet to announce itself to the world via PR. Until it elects to do so, making detailed "bio's" available to the public for its team is premature and irrelevant.
Simple enough.
FZRO has a website. It's www.flshzro.com.
MUCH ADO ABOUT NOTHING!! Form 10 was filed in 2011. ESCU is currently non-reporting. That will change with the S1 filing.
I'm not touching this one!
HELLO? The certified AUDIT is proof of the value of the patent. That's what an audit is for!!
We are going in a mindless circle with this one.
Say what?? You were told that the company is doing self-funding via its principles and via private sources.
If you don't care to buy ESCU stock, so be it.
The fact is that we have not been given any information about the company yet other than the OTC Disclosure Statement and the audited financials. Therefore, any CONCLUSIONS about who's done what and what the technology is are PREMATURE.
OMG,whatever you do, DON'T CALL THE COMPANY! They just might give you the answers. RIDICULOUS.
Go FZRO! I hear good things are happening! Go Dr Jordan!!
One more time...ESCU is currently NON-REPORTING. Maybe that explains it.
HELLO??? Did your read the AUDIT?? If so, show us where the $41m is.
Oh, that's right, it's all part of the MYTH!
Wow.. Brilliant. But of course NONE OF IT IS TRUE. The AUDIT, says otherwise.
You know that's not what I said. Why spin it that way?
Irrespective, the statement is untrue as confirmed by the audited financial statements. Had there been $13k payments to Kimmons and his family it would have been disclosed, which it wasn't.
So what? SnapTrends did not take off because the technology licensor did not honor its agreement.
You keep implying that something untoward was going on at EDWY. That is in TOTAL CONTRADICTION to what has been shown by the audit.
There were NO QUESTIONABLE TRANSACTIONS, NO ONE DID ANYTHING THAT THEY GOT IN TROUBLE FOR, AND NO ONE BENEFITED FINANCALLY.
If they had, you would know about it.
FACT.
Once again, MUCH ADO ABOUT NOTHING!
The SmartOne learning software remains where it has been for a long time, in Smart One Systems Inc, the entity in which ESCU holds 100% of the shares.
Anyone interested in pursuing the learning opportunity should contact ESCU.
"Unenforceable debt"!! That's a good one!!
NO. ABSOLUTELY RIDICULOUS. Look at the audited financials. They tell us the FACTS.
A little over $2m passed through the company's coffers over the last half dozen years. Virtually ALL of the money went to product development contractors.
Say what you will, but the FACTS are in. Kimmons has been cleared by the audit. All of the allegations were UNTRUE. If what we are experiencing now is a "reset button" that's GREAT!
I love what I'm seeing. And you can thank KIMMONS for delivering a clean set of books to the new team.
Again, it's time to let go of the MYTH.
There were no "dirty books." That's been proven by the audit, which went back to 2006 to analyze all of the company's transactions.
Kimmons did not complete the audit because the company did not have sufficient funds. It's that simple. It's clear from the audit that Kimmons had to operate EDWY on a shoestring.
Kimmons and his team DID NOTHING WRONG. In fact, to complete the current audit Kimmons would have had to cooperate.
He also identified and brought the ESCU opportunity that is now before us.
It's time to let go of the MYTH.
Go Ramiro!! Big things coming for FZRO!!
Yes, thank you, Gary Kimmons!! You set the stage for this opportunity. The ESCU business plan and opportunity is looking great!!
I have answered this before. The S1 filing requires audited financials for two prior years. That's 2013 and 2014. The auditors went back to 2006 to make sure that the transaction history was correct.
The Quraeshis also had them audit 2012 to satisfy the anticipated request of funds who require 3 years of audited financials before they will invest.
Note that the Quraeshi team paid for the accounting work, auditor, independent appraiser and securities attorneys out of their own pocket. I'm sure that was between $50k and $100k.
Kimmons delivered. He brought things to a close at EDWY / ESCU in a good way. They have a clean bill of health as well as a very promising future. Best of luck to them!
ESCU is not engaged in a PR campaign. In fact, it has not taken a single step to announce itself.
You say the auditor is "sketchy". Why? Has it been sanctioned? Sued? Discredited in any way?
You've asked who the accredited analyst is. And you've been told that ESCU will be glad to tell you. You just have to call them. Why is that a problem?
WOW!!! This is so far out there that I do not think there's a way to make a connection. Good luck to you.
ESCU did not build its website for investors and the public. It's targeting prospective high-level buyers. ESCU gives them the password to get in. What's wrong with that?
The company does not have any shares to sell. There are 168K shares in the float. 500 shares were sold a couple of days ago. That's miniscule.
OR, the company may become the object of interest by a larger entity that purchases it in two to three years. That's a common strategy these days. If so, they will do very well without ever selling in the market.
Remember, as long as they are affiliates they are subject to SEC bleedout restrictions, which limit them to selling 1% of the float.
"Unenforceable debt" is NOT A REAL TERM.
I hear things are coming along well. I plan to call management Monday to see what's up.
Because they wanted to. So what??
There are only 168K shares in the float, so there are not a "ton of shares waiting to be sold." Those with restricted shares cannot sell them because very few brokerage firms that will take the shares due to the existing deposit chill. That includes Kimmons' shares, which are in book form with the transfer agent, meaning they were NEVER DEPOSITED with a broker.
Regarding the company's phone statement that it does not need to sell shares, you have to remember that ESCU possesses a valuable asset...the patent agreement. It is a BANKABLE ASSET. In layman's terms, you can take it to the bank and use it as collateral. I'm sure that's what ESCU is doing, which is GREAT! It eliminates the need to sell shares in the open market, which would put pressure on the stock.
No, that would be incorrect.
The fact is that you don't have all of the facts yet. None of us do. The company is saying that the patent is simply the underlying component of their more-advanced technology they have evolved.
We don't know what that technology is yet because they have not made any announcements. Until they disclose it it is premature to draw any conclusions about what the patent may be worth.
Why the rush to draw a firm conclusion? No claims have been made and this is all in its infancy.
Let me correct a misunderstanding. Shareholders do not GIVE or PAY FOR anything. That is the role of the company's management.
Shareholders are equity holders who may or may not have a role determining who manages the company depending on the size of their holding.
NO. This sounds like a very successful professional focused on his work. His pride is in his ACCOMPLISHMENTS, not his PROMOTION.
Someone with his TALENT and CAPABILITY functions best as an independent worker, a CONSULTANT, rather than as an EMPLOYEE.
Nuff said.
Quraeshi is not concerned with promoting himself via Google searches.
Ridiculous! Call Escue and I'm sure they will tell you the name of the independent appraiser.
The SEC requires an audit of the last 2 years for the S1 (2013 and 2104). Escue decided to audit 2012 to satisfy potential instituational investors who require a 3 year audit. There is no reason for them to go back in further.
You bet. ESCU said today on a phone call to them that the S1 is undergoing final review by counsel. It's an extensive document that includes the just-completed audited financials so it may take a couple of days.