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So, there is no 'substantiated' value for Wavetech right?. This will only be worth what someone is willing to pay for it on a day to day basis...Sounds like a typical penny scam to me.
Have you filed a complaint regarding illegal trading?
"However ecos has other coals in the fire as the news said. Other digester facilities and bio gas."
Has it ever crossed your mind that all the self-created 'news' may have been FAKE? ECOS has never filed anything with the SEC that verified they own anything but ZERO assets???? Read the filings!
The only thing verified are their agreements with LRS regarding ownership and operation of the ECOS/Bioart JV.
GLTY and JMO
"Not 1 person has went to deleware business search and paid the 20 fee to see tax, history,and standing with delaware for ecos bio-art llc."
Why should they? Ecolocap Solutions Inc, symbol ECOS, is the subject of this forum and is a Nevada domiciled Public Corporation?
ECOS/Bioart LLC is a separate private LLC and has no public stock.
It's the responsibility of ECOS management to inform shareholders of everything they do. ECOS shareholders should be livid IMO.
Trading may have to be suspended to give the SEC time to sort all this out (and halt the laughter) LOLOLOL.
The point is that there is a big difference between a pinky share selling scheme and “The Stock Market” which is for exchange listed companies, with verifiable products and revenues. ECOS is in pinky La La land with 14.8 BILLION shares outstanding and another 10.2 billion already spoken for by existing beneficial owners LOL.
Each share represents 1/25 BILLIONTH of zero tangible assets?
ECOS shares are only worth what someone is willing to pay you for them...
GLTY and JMO
LRS has a 'substantiated' value....ECOS has a 'contrived' value and is only worth what someone is willing to pay for it.
When things don't have a substantiated value, a value can be contrived by people wanting to take advantage of others (by creating a fake value and using it to enrich themselves in a quick and easy way).
GLTY and JMO
Surprise...SGSI now has a red 'promotion flag' on OTCMarkets LOL.
"OTC Markets designates a security with a promotion flag when it becomes aware of current stock promotion related to the issuer. The promotion flag remains on the security for 15 days following the end of the stock promotion. For more information, please see our Policy on Stock Promotion."
https://www.otcmarkets.com/
GLTA
Good post DM!
“One of the saddest lessons of history is this: If we’ve been bamboozled long enough, we tend to reject any evidence of the bamboozle. We’re no longer interested in finding out the truth. The bamboozle has captured us. It is simply too painful to acknowledge,,,even to ourselves...that we’ve been so credulous.”
— Carl Sagan
It's never a mistake to be cynical.... but investing in penny stocks like ECOS, without doing any real DD first, has proven to be a big mistake for most penny players.
This is a forum for sharing opinions and learning...GLTY
"Are there any rules for reporting earnings on the OTC Bulletin Board listed stocks?"
ECOS is still an SEC-registered company..all SEC rules regarding public filings apply. The OTCMarkets exchange that ECOS trades on is not a regulator of earnings reporting.
GLTY
"Watch for a switch to another industry. That's what ECOS does to get some newbie investors."
Sorry...but ECOS can no longer sell shares to the naive and uninformed in any industry through convertible note buyers like John Fife. The SEC changed the rules months ago regarding MM participation in assisting convertible note holders in dumping large amounts of new shares. Those new rules have put a crimp on pennyland share selling schemes like ECOS's.
ECOS shut down after the rule change and has said nothing to anyone since. It appears they no longer have access to any new shares to sell "to another industry".
GLTY and JMO
"Nows the time to hold their feet to the fire!"
Yep...I suggest you and bullrunner jump in and take charge of that.
"Its the ninth inning stretch in the playoffs"
Teams that haven't won a single game in the last 2 seasons seldom make it to the playoffs? Good luck with your fantasy outcome.
Too bad the LRS train does not carry public passengers like the ECOS train was supposed to do. Nothing left for some but to try to satisfy an emotional need to be right, as expressed on a message board.
The Facebook page paints the reality well don't you think?
GLTY and JMO
Their 'offices' have always been in Scott Sands home down the road in Rough and Ready Ca. He got a permanent SEC bar from being involved with another penny stock...but it didn't stop him from being 'behind the curtain' of SIML and FBEC LOL.
This is such an obvious scam...don't expect it to last very long. Even the naive and ignorant are wising up to this type of crap.
BS...There is no Proscere Bioscience Division of SIML?? If there were, and they had something of value, they would not be pumping it on a stinky pinky message board rather than seeking a normal non-toxic path to conventional financing.
GLTY and JMO
"You wait at the station, while i ride first class on the train."
LOL...I always thought first class had windows? Guess not...or you might have noticed by now that the ECOS train is still in the same station it was in when it opened it's gates to passengers 26 months ago.
Funny how most realized it wasn't going anywhere and got off at first opportunity. What's the old saying...trains headed nowhere always get there. Maybe they need a new 'passenger relations' guy LOL ...any ideas?
Chew Chew!
GLTY and JMO
Why would KP be so stupid as to want to own ECOS shares worth 1/15 BILLIONth of NOTHING LOL. Wouldn't it be more prudent to wait til at least they have a shred of 'tangible' value assigned to them... along with an office, telephone and competent management?
Obviously, your daydreams don't impress him.
GLTY and JMO
You can get in but you may never get out!
"(1) The SEC suspends SEC registered stocks that are severely delinquent in filing their Financials. If an SEC Registered (Registrant) stock is delinquent one year or longer in filing Financials GET OUT OF THAT STOCK ASAP, because once an SEC Suspension has occurred the SEC Admin. Law Judges will absolutely revoke every suspended stock's registration(s) creating 100% losses to all shareholders. To date NOT ONE of the 1,723 suspended SEC Registered stocks has avoided revocation of their stock registration(s)....NOT ONE!!!!!!!! "
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145804391
Result of voodoo accounting of derivative liabilities...not tangible sales of anything. Ask your accountant or investment advisor to explain it to you.
The I-Box is not an official source of factual information. Check their SEC filings and look for reported revenues...? They are currently a delinquent filer with a STOP sign on OTC Markets web site. They are 30 days from being one year delinquent on their 2017 10-K.
GLTY
??ECOS has never reported any sales revenue or assets since it's inception? What was the source of your information? Read their SEC filings. They have since added no phone and no address to their list of accomplishments.
GLTY
https://investorshub.advfn.com/DD-Support-Board-and-Fraud-Research-Team-19670/https://investorshub.advfn.com/DD-Support-Board-and-Fraud-Research-Team-19670/
They can tell you the best way to proceed as they have supplied the super research and complaints needed for the bulk of the SEC's eventual indictments LOL. The SEC only has jurisdiction over Securities Law violations and the DOJ must be brought in for FRAUD cases.
JMO
The very reason they moved the SGSI domicile to Nevada was so they could do crap like this ...Duh!
Go to the DD support and Fraud research team and ask nodummy, Janice Shell or anyone on the crew for their professional opinions?
GLTY
Interesting?? Glad I'm not a stockholder of SGSI.
"Preliminary" Information Statement... Or Panic?
The State SOS has jurisdiction over the granting of corporate actions (R/S) but the SEC and FINRA can refuse to 'process' one if they smell a violation of SEC rules or fraud?
GLTY and JMO
Call the T/A and ask them what their arrangement is LOL. I have no interest in a dead stock or fake 'runs' of a dead ticker.
My guess is that the SEC and FINRA refused to give a green light to another R/S possiblility for InterCloud Systems? thus the desperate last minute re-shuffle involving SGSI.
"InterCloud will file to complete a reverse stock split before the merger closes. The Post-merged, company intends to list on the NASDAQ exchange under the name Wavetech Global,Inc as soon as it meets the requirements for listing, but there can be no assurance that such a listing would be accepted. Therefore, InterCloud will continue to trade on the OTC Pink until NASDAQ requirements are met."
The merged company will focus on developing its proprietary portfolio of technologies to address the large and rapidly growing critical power industry. The merger is expected to close in early 2019, pending the satisfaction of various closing conditions. The post-merged entity will operate under the new name, WaveTech Global, Inc. BV Advisory Partners is acting as advisor to the transaction.
Mark Munro, CEO of InterCloud Systems stated, “"This strategic merger of WaveTech and their platform of cutting edge products has the opportunity to create value for our shareholders but will also address significant unmet needs in the marketplace.We expect to work diligently with WaveTech to restructure InterCloud’s balance sheet in order to meet the requirements of an anticipated definitive merger agreement. We look forward to advancing WaveTech’s developing and commercializing their products into the global marketplace."
https://globenewswire.com/news-release/2018/12/21/1677720/0/en/InterCloud-Systems-Enters-into-Letter-of-Intent-to-Merge-with-WaveTech.html
GLTY and JMO
"Transfer agent be updated every few days suggest they are still active and doing something, but it's hard to say..."
Wrong! All of this transfer agents accounts are updated automatically (by subscription with OTC markets) from the T/A's computer feed. Has nothing to do with CRQE.
Cirgue is no longer domiciled in Florida or registered to do business in any other state. The company does not exist. FINRA is simply lax in de-listing the ticker (which is nothing new) LOL.
All recent activity here has been based on fake emails, fake tweets and fake posts IMO.
GLTY
"If he didn’t, they would have shut it down during the winter like they did in 2017 - 2018."
They did not shut the digester down last winter? They simply suspended their curbside pick up service from Dec 15 thru March 31. Anyone was still able to drop off their own organic waste for them to process. If you really need to know what they're doing this winter...give them a call?
LRS said they would make a public announcement if/when they ordered more machines. Been 26 months since they ordered the first one. Draw your own conclusions.
"He’s got a valid point. If the people don’t buy into it, you could have an additional 7 digesters sitting idle."
My guess is there won't likely be "7 more digesters" installed until LRS decides that bio-waste recycling can indeed be accomplished at a profit (regardless what's said on this board). In good business analysis, downside risk is every bit as important as upside potential.
I can't imagine any more $680,000 machines will be ordered by anyone else either until LRS commits to moving forward?
GLTY and JMO
https://www.waste360.com/food-waste/nyc-organics-program-put-hold
I'm certain Handley is aware of may things that some ECOS message board posters are not. JMO
https://www.waste360.com/food-waste/nyc-organics-program-put-hold
It's sadly comical to watch investors crying the blues after jumping into this worthless stock without even looking at it's recent history. At least you can say you tried to warn them based on your personal experience.
Maybe the OTC is broken? Maybe the uninformed pinky players, with their new mobile devices, have finally wised up to these plays based on no more than hearsay potential? Who knows?
GLTY and JMO
Real DD is finding out what they don't want you to know, not what they do want you to know, which is seldom, if ever, 'hidden'.
FBEC should be a good road map for where this is headed...lol. More later.
GLTY
Do some basic DD and I think you will find the sticky is still very accurate. Buyer beware! Same old share selling scheme for the enrichment of insiders (look behind the curtain).
GLTY and JMO
Maybe a week from never?
2 years of PPS 'facts' have already 'come out' lol.
"This would mean they should have transferred less cash (from the digester profit, if any) to the LLC from the first digester."
If I remember correctly DG, all of ECOLOCAP's profit share from the sale of the first 8 machines was to stay in the JV as ECOS's capital contribution to the forming of the JV??? ECOS only put up $100 in cash.
No cash to ECOS for quite sometime IMO?