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PPS probably too low for the MM to put any through. Seems they were keeping them at an average of about .013 and up. Lets see
Of course... LOL
UPDATE: Trading based on charts and volume? Now I know you are kidding right?
If I made my buys and sells based on anything released by the company and that POS running it, I would be just like everyone who has "invested" in ECT
DEEP IN THE RED
When you see a stock move up the way it did last summer and dont take profits, then why bother buying at all?
700% and you dont sell? I guess it could be greed, or something else that will get my message deleted.
You want answers? Prove you wrong Rosebud? Why when you have already proved me right? Why should I give any specifics when it is obvious that you do not want to do DD for possibly a different story from what you are hearing?Instead you go only where "Mr" Raphael Huppe leads you. There are manny ways you could get a different side to the story but choose to ignore. What do you know Mookie, my "n" is stuck too.
Rosebud, you ask who is buying? who buys all the time? unsuspecting investors that end up putting money in "Mr" Raphael Huppe's hands.
ECT is a public company and since shareholder money is used by the company, "Mr" Raphael Huppe and ECT have a fiduciary responsibility to the shareholders.
Not a Mystery unless you want it to be.
Your friend has no shame at this point. I have said in the past that I would buy for a small rally... Not anymore, as IMO this is DONE.
IMO there will not be any news at all coming from ECT besides maybe that they went bankrupt. Thats after he takes all the money for selling shares and moves it to his other "companies"
Shaw would have to be out of their minds to do business with these clowns, and I am sure once they did their DD and figured out what kind of company they were dealing with and that the CRAM is no where near being a working product along with all the BS news ECT put out that there was a working product per Gib on TV and Eyes on America.. They ran for the hills. As I am sure "manny" did.
I believe it is... GAME OVER
Interesting,
Since there is so much guessing, I will also guess based on the postings that no one took my advise in my early posts and called manny or is it many, a so called "long" that not only was here in the beginning with a substantial position but then also worked for the company, and see why he decided to leave ECT. Not only leave a company that he invested heavily in but leave them just when supposedly so much was getting ready to happen.
The real question that should have been asked early on was why was this guy the Sr. VP of business development of ECT with zero experience in the industry. Again, another layer of lip stick for this POS company but I'm sure also convenient for some "longs"
I will guess again to who cares about the truth and who is invested in ECT with delusions of grandeur.
It is nice to see everyone is enjoying themselves while their investment goes down the toilet.
LOL, come on...
Arent you the one that goes to Montreal all the time and reports back to the longs? Hope "no one" thinks the excuse that the wool was pulled over their eyes will work when everyone loses every single penny they put into this POS.
DD or is it called RH BS?
GAME OVER
"Mr" Raphael Huppe... Are you and Guy Paul Still running that "boiler room" out of your office?
Someone needs to be more careful who he calls without a brokerage license. Didn't he already get in trouble for something like that a while back?
Desperation huh?
Things look like they are going to get real bad, real soon.
Like the "man" has said many times
GAME OVER
He is "communicating" with everyone. The "man" is an open book as long as you choose to read.
IMO He is dumping everything he can and will move on shortly.
GLTA
I think it is "Mr." Raphael Huppe.... He just took another 783,147 "dump". "Game Over"
Exactly
The shares are being sold at a discount probably 40-50% from EFFC then sold directly to the MM which show up as AH trades (Form T) the MM's are in this business to make money and also is sometimes your buyer and seller. "Believe" it or not, "Mr." Raphael Huppe has taken advantage of everyone willing to fall for his BS.
There goes another 1,500,000 shares if you account for the 40% discount he will have to give off the current PPS. Nice to have an endless supply of shares isn't it "Mr." Raphael Huppe? To use his words, this POS is "GAME OVER"
1,180,000 shares dumped? I am wrong huh?
So much BS is fed by "Mr." Raphael Huppe and ECT for so long that everyone thinks it is part of their essential diet. Yes the "old" Shell was passed around but once your "CEO" got it he was fully responsible for everything that has happened to it.
So, since we agree that the 2 options are "clean the shell or get rid of it" and he is continuing the same exact thing that has made it dirty (gagged TA should be a sign of that), then what happens to the "shareholders" when he gets rid of it?
"If we dont care about the product then why be here as a long."
What if you find out that as a "long" you have absolutely nothing invested in the "product"(if it ever is completed anyway)? That fact that the CRAM is not owned by EFFC and that there are so many "companies" involved should have been a huge red flag here. Its like owning stock in MSFT knowing that nothing they develop is owned by MSFT but instead owned by a "holding company" not even linked to MSFT. How does that raise shareholder value, how are shareholders protected that they own the intellectual property and what is to stop this holding company from leaving MSFT shareholders with nothing?
Only reason the Pink Sheets are risky is because of investors (including myself at one point) not doing TRUE DD. All the evidence is in front of us, some just choose to ignore it for one reason or the other.
Let see if Shaw signs anything first. Like many things "Mr." Raphael Huppe has started, very high odds that nothing will come of this either. I am sure the "longs" have seen all his BS with verifiable names and numbers come to absolutely nothing, I mean he even stated he aquired Argo (And put out a PR stating it, LOL) and everyone that was willing to put the effort forward even got to meet and/or speak to Jason Shin, where did that go in the end?
One thing I will give him, He is a great BS'er and gets people to listen, potential clients, businesses and even investors that bring the PPS up to .19. But in the end they all figure out what a total POS bull $&!^^*# he is.
As far as this "Shell" if it is "dirty" that is because he made it "dirty" and today continues the exact actions he did over a year ago to make it that way. So "Clean it or discard it" you say? Since he has shown no sign of stoping the damage he has done to this "shell", I guess it comes to discarding it. Which leaves the shareholders with what?
My story regarding the ah trades has always been that it is "Mr." Raphael Huppe, whatever reason, his past actions tell anyone that wants to "see", that it is not a good sign.
Oh boy....
"if he is "cleaning" the shell by some transaction where by extra shares from previous owners of the shell are accounted for"
"There is also the possibility that this is a debt that was accrued sometime earlier and is being paid for with shares at some agreed price"
Is that what "Mr." Raphael Huppe is telling everyone now?
Good to know that is his new BS story as now I know for sure I am right. He is one serious POS.
The only "debt" I can see where he would have to dump this much is to pay "someone or someones" back for BS'ing them to buying on the last run. I would imagine whoever bought to take this from .01 to .04 and .09 than all the way to .19 must be really p!$$*@ off. Do you all really think that someone just decided to start buying out of the blue and that is why EFFC ran up last summer? LOL
So, how many shares did he have to sell to pay them back plus pay any of his outstanding bills? I would say IF this is the case and after he pays them back he throws in the towel (main reason the CRAM is not owned buy EFFC)and starts over somewhere else like I said. I would also say we need to get ready for the share structure to at least double from here.
Bottom line is, if he wants to uplist there is no way to do that without starting over. So lets say you guys are right and he keeps trading ECT through EFFC on the pink sheets, then I would say he brings the OS and AS to around 500 million and does a reverse split, say 4 or 5 to 1, but since he couldn't "manage" his way out of a paper bag, he still has to dilute and the PPS drifts back down anyway, One way to keep it from going sub penny.. LOL
"I talked to some of the sales guys Claude & Sebastian....met Manon many times....met the 2 new engineers guys....the web guy..bruno & Gib...mario..guy paul...paul...josee...Js...
i have invested based upon the HUGE OPPORTUNITY WITH THE CRAM
I really dont think he is leaving us with an old shell....as some posters are spreading the fud..."
If they ever complete the CRAM there will be some opportunity but the problem that everyone keeps ignoring is that "Mr." Raphael Huppe has shown signs that he may be looking into other options outside of EFFC which should make anyone invested in this stock nervous. You say you "really dont think he is leaving us with an old shell" why? because he has been so honest with everyone up to now?
"Fud" huh? If he was just "raising capital" why did he decide to do that now at the all time lows? why not when he got this up past .10 and .15 where he could have sold a tenth or less of the shares? Kind of good for the shareholders dont you think? Could the answer possibly be that he is just "Cashing out" at this point? If he is being so honest than why wont he just ungage the TA so everyone can see what the AS, OS and float is?
Those Quebec buyers are history. I am sure "Mr." Raphael Huppe burt that bridge too. Funny how such a "great" product and company yet "longs" hope for a mysterious buyer to return... LOL All this clown needed to do was run a legit company in all aspects and buyers would have been here.
They are watching. maybe, just maybe they will finally push this POS to give some real answers and not the BS that everything is better than ever
More than the POS company is the POS who is running it. longs can never say they were not warned. How close did I get with my last post "Mr." Raphael Huppe? I knew you couldnt pull this off legitimitely.
Pink, You ask what transpired? It is still transpiring, He is a scam artist that cant even do that right. The "man" is a joke.
One week? Rosebud, trust me when I tell you that you are not the only one that has been here from the beginning which is a little longer than a "week". I have said it over and over again and Believer has now confirmed it from the "longs". IMO EFFC is not going to the OTCBB, if they try to do anything it will be to buy a new shell (thats where this new company he made comes in) and move to a different exchange, maybe that is where this "Guy Paul" character comes in, so I would guess it will be the TSX and IMO that is why this total POS Mr. Raphael Hupps has gagged the TA and is on a mission to dilute. IMO There will be nothing left as far as EFFC when he is done. I am sure he is telling people that there will be a way to move the investors over that are in EFFC but like everything he has done, that BS story will not work out and I am sure his next BS is to offer his "friends" and "loyal" longs shares in the new shell. Either way this one will get recycled and everyone left holding shares in EFFC will start over with another scam artist. The only problem Mr. Raphael Huppe, is that the rules for the TSX are just as tough and if not tougher then the NASDAQ, you are going to need to show REVENUE and there will be no way to move shareholders over as you will not be able to aquire a public company that can not show financials. I am curious to see how many of the longs you burn will just roll over.
Buyers?
First step is to not have a "seller", Mr. Raphael Huppe
I am negative because I have watched Mr. Raphael Huppe and everyone involved lie about so much and never deliver anything they said they would do. you want me to provide proof? Read every PR and every post and tell me if ECT has acted like a legit publc company. See if you can find one thing were EFFC did what thay said they were doing or would do. Mr. Raphael huppe responds to your questions with questions because he behaves like a lair and he does not want to give out the answers. unless you "believe" him you are not on his side, and the minute you question him he tells you to sell if you need to sell as others are waiting to buy your shares. There is an excuse for everything with Mr. Raphael Huppe. I am sure others on here can verify that.
Reached my limit of 3. lets see what Monday brings and good luck to all.
exactly, good luck in ever getting "real" answeres from anyone involved with ECT. And I would not be so sure that the "selling" is over. looks like we all will have to wait and see. although I am not waiting for more than a small rally
Pink, Where did you hear about the company and how did you come to decide to make a purchase?
Beliver, If you think someone knows the company so well then why would you not take what they say into consideration?
IMO
I am sure the CRAM (if it is ever completed) can add some value to parts of the automobile industry, I just do not see it being the numbers Mr. Raphael Huppe and ECT tell "investors" and do not see Mr. Raphael Huppe being able to deliver any type of product to any type of market. IMO, Unfortunately in the hands of this POS company this technology will go to waste.
"Maybe you should unload your entire stash Monday" Thank you for the "advise" Rosebud, but as you did not take mine back in August, I will also make my own decisions on when to buy and sell. Like I said, I will slowly start unloading but I think we can get a better push than .03 as long as Mr. Raphael Huppe has stopped selling.
Why do I have "so many shares" Believer? First, "So many shares" is relative, secondly you do not need to "believe" in a company to buy and sell stock of a company.
"Its not how right or wrong you are that matters, but how much you make when right and how much you lose when wrong"
In my opinion
NO WAY
Well maybe with a 15 to 1 reverse split. But they would still need to deliver more than just LOI's and contracts without actual revenue
probably most around .06
Not me, I am done buying. Now just looking for areas to sell into.
Out? do you think I trade with 100,000 shares? If I was out you would be back to .008.
Guy Paul... LOL.... good luck.
Forget about him doing the "right" thing. This guy is a failure. Nice play off the bottom, now the question is can you time the top before it happens all over again.
Yes and it is not like I did not tell you all from day one of me being here. After Hour Trades means he is selling which means PPS goes down. Pretty simple to make money and not count on Mr. Raphael Huppe to come through as a competent business person, but you can always count on him for doing what he does best.
And Pascal, he has stated many times that there is revenue so if that was true then there should be no reason to dilute.
And here is where I start to slowly sell again into any news that may come out. Thanks again Mr. Raphael Huppe
Funny thing is that Mr. Raphael Huppe tells everyone when to buy and sell, but even after the second run of AH trades most ignore it. I posted that I bought the other day and I will post now that I will flip every single share I purchased into the next "run", if it happens. Skepticism is the wisest coarse yet is not practiced by most as far as ECT and Mr. Raphael Huppe go. Wonder why that is?
I truly wish everyone good luck but I believe ECT will NEVER deliever anything and unfortunately this technology will go to waste. Good luck to all.
I agree with what you have said although I think there are many levels as far as being a scam and I would 100% clasify ECT and Mr. Raphael Huppe as a SCAM. the man has lied about every single thing since day one and continues to lie. That is why the TA is gagged and the list goes on and on. To say this guy is inexperienced gives him way too much credit... He is an idiot. Although, and maybe Believer can verify this, I think Guypaul is currently the one in charge of anything to do with the "stock" side of the company .
So Believer, you would like to be on the "exclusive" email list? LOL.... Wish I could help but I am not part of that. I am sure you will find a way onto it though
Because only the emails our "buddy" here on this board gets and passes around are real. No truth is ever said here. No honest discussion either....Longs will NEVER say here in public that Mr. Raphael Huppe has made huge mistakes or how frustrated they are with him. You only get to see that if you are on the "exclusive" list of longs....You either pump or bash on this board. Right guys?
Another 445,000 shares dumped, Half the volume.... how in the world will the PPS ever go up if he keeps selling? Maybe that is why he is waiting until mid Jan to release a PR. All he would have to do is tell people the truth. Imagine if you knew that he was going to sell x million shares at .x price, wouldnt you just sit at that price and buy up everything you could since you knew no more shares would be dumped to take it lower? Exactly why he should tell investors instead of acting like a little, opps.. I mean big, POS and diluting behind your backs. Another question I have for him is why in the world did you not sell at .10 and higher? Every single time you wait until the PPS is at rock bottom prices to start dumping. Didnt someone on here once call you a genius?
Now isnt it funny that one person emails Mr. Raphael Huppe and he says that he needs to raise capital and all these longs never got that answer from him? or did they and they just dont bother giving out info that is not in their favor?
"who needs to talk to the company to get info" LOL
Also we see that no PR is coming until beginning of Jan. 2009, guess its not before 2009.
You find it funny that Stalt is gagged? Why would someone that is doing the "right thing" have the TA gagged? If he is selling shares for the good of the company then why not just put out a PR stating that EFFC will be selling x amount of shares to raise x amount of capital for X reason? Because the guy is a POS, thats why. And this "Shell" is OVER
LOL... good luck with the 160 shares you bought today. yes, news should make this thing fly especialy with Mr. Huppe still dumping, there goes another 1,745,000 almost half the days volume. Huppe has no shame, I am telling you, this guys is selling off and going to move on. Question for the longs... If I am right, will any of you try to sue him? Believer?
Thats why my signature says what it says.