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Nope! First they will have to file the delinquent audited 10-K for all of 2017 and then the delinquent 3 Qs of 2018. Good luck with their finding the money for that to happen.
http://ih.advfn.com/p.php?pid=nmona&article=77075669&_ga=2.169570473.961545289.1529597093-159799803.1529597093
DG...Fife did buy a new $50,000 note from Siegel in early 2017...he likely spent most of that money with Malone Bailey in order to get his delinquent filings up to the point where the SEC would allow him to issue any shares needed for warrants should he get the share price above a trigger point?
ECOS was unable to deliver on the orginal contract with LRS to have an operational machine by March 31, 2017. Things were re-worked in early April of 2017 and little was divulged about what really happened, but Siegel was 'demoted' and LRS did not get an operational machine until late July? Handley made a public statement in early April that LRS had purchased a digester from a Korean company and would soon have a composting capability? (Neither ECOLOCAP nor ECOS/BIOart LLC were Korean companies?) The ECOS PR announcing a change of direction and management happened at the same time???
JMO
But they didn't Mike...SGSI DUMPED IT and brought in a bunch of old school pumpers instead... just to sell shares?
GLTY and JMO
That is a terribly outdated video??
"Something doesn't add up. There is more to the story which we may never hear about."
You paid your tuition, I hope you put what you learned to good use.
And there are many very good reasons why scam CEOs and their scam attorneys choose to domicile in Nevada or Wyoming. Professional investors wont even give a second look to any company domiciled in Nevada.
GLTY and JMO
How will adding more fantasy outcomes help the current ECOS situation?
Thanks Bill...you made my drop-by today worth while...LMAO
You should've asked your investment advisor, or personal accountant, those questions before you invested in this POS scam. The answers have always been in the ECOS filings under 'convertible debentures'? He's likely already received 3 times what he paid for the original ECOS notes in default penalties, interest and discounts to retail (paid in tradeable shares) alone since they've been running this share selling scheme.
ECOS sold 11.5 BILLION shares since they signed the JV agreement with LRS 2 years ago...good God? Most of it through FIFE?
GLTY and JMO
"When the rules changed in 2018 he no longer could convert and flip. His debt is a carryover from before the rules changed".
Yep...few penny players are even aware that the SEC changed the rules last spring and virtually shut down the "all penny stocks eventually run on thin air" P&D nonsense. Many that were only here for that reason, are no longer...most remaining don't even know about, or understand, the rule changes.
It was about time they shut down the likes of Asher and Fife and my guess is it's also the main reason Siegel slithered away last March and the 2017 10-K was, and still is, 'a little late'.
JMO
XNRGI became a Nevada domiciled corporation on 2/1/2001.
https://www.nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=vQtLmKBoRGcbAHY1El6Qag%253d%253d&nt7=0
I believe Neah Power INC (NPWZ) was a wholly owned subsidiary of XNRGI that was registered to trade on the OTCMarkets exchange?
Your market valuation is the share price at the time trading was suspended, times the number of shares you owned. That valuation should remain the same after the exchange of shares takes place?
XNRGI will have to file with the SEC (including all their financial information) in order to get approval to become SEC registered and trade under a new ticker. I don't believe there is a time limit on that part of the re-organization? It is possible XNRGI has already done that?
NPWZ/XNRGI is no longer an SEC registered stock. The SEC has no jurisdiction over it? Shareholders will have to file a complaint with the Nevada SOS...the only remaining 'regulator'. Good luck!
Your best bet is a class action lawsuit which could force the companies officers to give depositions 'under oath' and (if fraud is proven) the officers would face personal liability for the corporate debts as well as possible criminal charges by the DOJ.
"ECOS will wake up and have a monster 100 million+ day volume when we least expect it."
Not very likely for ECOS as the new SEC rules imposed last spring restrict MMs from helping insiders dump huge numbers of shares. The only reason for 'creating' volume in the OTC before was to dump toxic debt into it. If a company's convertible debt can't be dumped any longer on the naive and uninformed...no volume...no 'runs'...kaput? ECOS has been in default on all of their convertible debt since the Fall of 2014??
Patience won't help one twit.
GLTY and JMO
No indication that any of that is part of ECOLOCAP Solutions Inc (ECOS)??
Thats exactly what InterCloud Systems, Inc shareholders were saying 2 years ago LOL.
"The digester is a huge accomplishment for the green industry as a whole"
So, if the Korean company that makes the digesters (and holds the key patents on the process) appears to be doing OK and LRS appears to be doing OK with it's one digester, why are the shares of ECOLOCAP Solutions worth nothing if it's such a "huge accomplishment" as you claim?
"Beautiful New Website!"
Funny how in pennyland all the wonderful web sites, wonderful powerpoint prsentations and wonderful youtube videos always seem to 'succeed' at share selling .....and the companies behind them fail at business 99% of the time?? Go figure!
GLTY and JMO
Sure all sounds good doesn't it? Even makes it look like ECOS shareholders may actually 'own' something LOL.
After 2 years, the 'reality' still shows ZERO assets, ZERO revenues and ZERO BID. Wouldn't you think that if it were all true, there would be a 'BID price' for ECOS shares. Is the market really that stupid to pass on such a wonderful opportunity?
GLTY and JMO
"For instance the PAST filings don't tell me one thing about the present and future especially since it's been 7-8 months since last one."
Maybe ECOLOCAP intentionally ended their filings before they would have reveal any bad news about the future? Could be?
Not what a trustworthy company with a promising future would normally do, but hey?
GLTY and JMO
"Things are going on over at LRS that I’m waiting for that are not on paper yet."
Sound like you get your DD from poster rumor and innuendo on social media??
"I thought you would know where the revenue for what they sold the past year would’ve gone since my check was cashed by them."
Sorry, I don't get invited to sit in on LRS or JV board meetings?
"Or maybe your right and they took my money and are somewhere in South Korea right now."
My God! you must have bought $100,000 worth of Plantonium LOL
My guess is that their expenses were far greater than any sales and they shut it down and moved out?
ECOS has a long history of disappointing shareholders.
GLTY
"Then where do you think the revenue from the last year is going? I don’t think they are giving that stuff away for free do you?"
I guess investors will just have to take your word for it because neither ECOLOCAP, LRS, nor the JV, have reported any revenues during the life of the JV LOL.
If you have a link, please post it.
Hoping is easy...almost anyone can do it.
JMHO
"I hope it’s news that LRS is going to digest ECOS and not a bad joke I can tell on Thanksgiving!"
LRS does not need to 'digest' ECOLOCAP before ordering additional machines? Best to look for that kind of an announcement first. No cash flow to ECOS from the JV agreement is currently expected before Jan 2020??
According to the latest reports, ECOS has no revenues, no assets, no office and no BID? Maybe you should digest that before touting ECOS as a good investment.
JMHO
"I note that your diatribe has changed from this is dead to " they may re-list""
Neah was dead, is dead? The new investment opportunity will likely be directed at sophisticated investors only (which will further dilute any shares you may already have). If/when XNRGI resumes public trading, you may be able to buy in again? My guess is that may be awhile and at a much higher cost (especially if they have the battery you think they have). No more convertible debenture penny stock crap.
GLTY and JMO
You have been assumed a lot of things (for many years) about this stock. How many of those assumptions have have ever worked out for you?
You now own a minuscule interest in a Nevada domiciled private corporation (XNRGI) that 'may' someday file a form 10 with the SEC to become an SEC registered public company, and resume trading again.
It's not against the law to fail at business, as Neah did? There are no tangible assets to show for the selling of billions of shares ($80 million dollars worth) to 'investers' like yourself? It's all still in the filings.
And meticulously accurate lol.
"but this has nothing to do with the previous posters question. there are NO MORE SHARES posted with the TA."
Of course not...CRQE is a delinquent filer and cannot issue new shares? The volume has been from already issued shares, not new share dilution. You seem rather uninformed?
Toxic note buyer John Fife holds a bunch of shares under various names. He may have bought the notes off previous holders like Asher? He and Kurt Kramer are long time 'buddies'. They use various trading methods to 'get their money back'.
http://ih.advfn.com/p.php?pid=nmona&article=77952676
GLTY and JMO
"Purchase Complete Nano-enabled Batteries Market Report at $3500 (SUL) @ https://www.360marketupdates.com/purchase/11072405"
Did you pay $3500 for that phony report?? Just curious.
"He said based on the timing of equipment delivery, installation and proving out of the system that LRS would do two more sites in 2018 and two more in 2019. I asked him why two and he noted that with the 110 day acceptance period for each, the construction process and the equipment ordering by ECOS he thought it would be difficult to do more than two per year."
DG...from what you were told in July 2017, it would appear LRS is somewhat behind their original estimate of 2 more machines in 2018??
All it says is that two worthless SCAMS have moved in together to form a new SCAM twice as large as the original SIML SCAM. I doubt if they fool very many people. The number of financial predators needed to staff it will be cut in half though LMAO
GLTY and JMO
Yep, Fife is a master at taking advantage of naive and uninformed penny players LOL
GLTA and JMO
"They moved from nano batteries to diesel emulsion additives and then to digesters."
Yep, and the amazing thing is Siegel and Eggers sold around $75 million worth of shares to the naive and uninformed based on made-up 'stories' about all that Korean 'stuff'. Most of it done from his sleazy strip club called The Front Line in Davenport Iowa, where the original corporation Micro Bubble Technology, was founded. Eggers ran a liquor store a few door away. Siegel still holds the largest number of (control shares) of ECOLOCAP.
ECOS has never been anything but a share selling scheme for the enrichment of insiders. SCAM seems to fit IMO.
GLTA
"Cash would be allocated once a year assuming the JV has positive cash flow."
Yes, per the agreement, all allocations to ECOS of income from the purchase by LRS of their first 8 machines was to stay in the JV as ECOS's 'capital contribution' to the JV. ECOS and LRS only contributed $100 each in cash to form the JV?
LRS was to get an additional 5% interest in the JV for each machine ordered. 8 machines would equal a 50% interest.
DG...I think the agreement only called for an allocation (consolidation) of NET Profits at the end of each fiscal year of the LLC. 50/50 on machine net profits and 40/60 on any by-product net profits .
No cash flow to ECOS until the LLC shows some net profits? That could be several years with start up costs as they are? LRS controls the whole show IMO
ECOS desperately needs to place some machines other than with LRS to survive IMO.
"My money is on the idea that Kwaks company HanscomK International is somewhere in the mix for the distribution rights."
And there is no evidence that ECOS shareholders 'own' any part of anything? Not LRS, nor HanscomK International?
Just ZERO assets, ZERO revenues and huge toxic liabilities?
GLTA and JMO
ECOS has never filed any document proving they are a 'middle man" for anything?? That's the first thing shareholders should have looked for before buying ECOS shares IMO.
"Actually that is not right. The company that makes the digester is Hyoung Chang Magnetic Co. Ltd.. It is not owned by the Kwaks. Their CEO is Lee Jun-chang."
Thanks for correcting that information.
But AG is correct in that LRS was to purchase the digesters through the private JV (ECOS/Bio-art LLC)...not from ECOLOCAP Solutions (the public corporation).
Therefore ECOLOCAP had no machine income or sales tax to report?
Same may apply to by-product sales?
"call the companies.. they are making profits"
So you think legit recycling companies are telling people on the phone whether or not they're making any net profits on food waste recycling?
LMFAO.
"The bins were given out this July as part of a government-funded residential food waste pickup program , said Ian Ashcraft with the St. Louis County Department of Public Health.
At no cost to them, residents of the Brookside subdivision could opt in to the program that provides weekly pickup of combined food and yard waste through Republic Services."
Nowhere in the US has it been demonstrated that all of this food waste recycling 'talk' might ever be ACCOMPLISHED AT A PROFIT?? Especially a PROFIT that might make common shareholders of a sub-penny stock with 25 BILLION shares, and zero assets, 'stinking rich' LOL.
Thanks for donating though!
GLTY and JMO