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The council had a meeting again and ECCI et al was not there.
Nothing mentioned about them at all. As far as I know they( ECCI) were not at this time seeking funds through the Empowerment zone as per one of their guys. I asked the question what would be the difference if they are changing
their quest for money by going to the city which he told me does not have the funds to do anyway at this time and if they did ,would be a much harder loan or bond to fund as it would
be hard to find investors to buy these bonds from the city
with ECCI. He couldn't come up with an answer either. It seems they are also after the futuro bonds. It is all confusing
at this point. I heard of no meeting with the city attorney
and I don't know how credable the info about this.
Right now the last thing the City Council didtwo weeks ago regarding ECCI was to table it based on what happened. If
a YES or NO was demanded it would have been NO at that time based on the presentation and what they were asking for then.
Not dead yet but does not look good unless they ECCI et al adjust to what they( City etc) are asking for and get realistic about
what is going to be required to get the money. Empowerment zone money is available if they could meet requirements and handle it in a realistic manner. I really am perplexed by there
actions and think that there is more to this story then any of us really know at this point.
I truly hope your right.
I am not anyone's liaision especially your. Just that i have a few friends on this board and we all perform different tasks in regard to this stock. No I didn't pick this stock as I never except in this instance play the pennies. I do not right here say and check out what I right, especially for this stock. If your so smart, pick up your phone and call yourself but you are too stupid or lazy to do that becuase you probably have pennies invested in this to begin with. A lot of people have on this board invested serious money in this company and want to the truth when it happens as we have all been told many things that have been untru for over two years. In you case I could care less if you lose your money. I see all you have ever done is hype this thing. Most of the informed posters know what we are dealing with but also like myself
do not want to close the door until it is absoultely necessary as we all want to recoup money. But in the end please do not read my posts and due your ownn DD.
A spin by ECCI on what really happened. The city did not
give any kind of resolution regarding ECCI or Sparta. If you
do not believe me call them yourself and do your own DD. Ecci
was tabled instead of a flat out no becuause they asked for
something else other then the empowerment zone money that they
were supposedly asking for. The City Attorney told the council
that in his opinion they should not proceed without clarification of many questions to be answered by ECCI and
Sparta. ECCI PR put a new spin to their press release and read
it carefully as it does not say they were approved for anything. No letter was authorized by the City to take them
to the next step. Save your money for now until this plays out and you know for sure what is happening. Also start doing
your own DD on this one becuase they never give an accurate
accounting of anything in thier PR's. Go back and check and
you will see that they never follow through on anythng they say
they are doing or show resolve to all the so called projects they have done. You never here the end result because they
have all failed.
The PR was erroneous. The big shots, you must be kidding.
My piggy bank has more cash on hand then this company. The
government is not the one who asked them to come back for your
information, its the city and it was tabled until the confusion
is made into a formal request. My sad stories are truisms. You obviously have no knowledge of this company and in plain
english are a smuck. I do not know what investment you have
but it's probaby in the range of the size of your intelligence.
There is no deal with the government, city or entities. Since
your so bullish why don't you call them and lend them the money or represent them with the due dilligence and expertise
you have about ECCI. the city only said now that they will afford them a meeting to see what path they want to apply for
now. They are not chasing ECCI. That is far from saying YES to
anything. If you want accurate info, take the time to call
them yourself.
Your 100% wrong. The ECCI staff like Ward, Adams et al did not even attend the meeting. Dr. Barnes and his wife just went and the statement they wrote is wrong as to what happened. This is just another PR of bull shit with a spin that is not concise. Read it over and no committment was made whatsoever. Rememeber the UK PR, -Noting happened, The Barnet PR-Nothing happened, The Pilot Plant-Nothing Happened, The contract that was forthcoming-Nothing Hapeened, The dilution of stock-not Pr'd and they wouldn't answer, so please tell one
instance where they have told a truism. I wish they would but
that is not in the cards with this team of amateurs. It just goes to show you they have a small opportunity to get government funding as Crystal City will listen to anyone who can create jobs in their area as they are one of the worst parts of the US in need of them, even prior to this financial
meltdown and they come unprepared with no company officials attending, unrealistic as to how many jobs they will create, ask for a loan instead of a bind, claim that they did the due dilligence and they do not need the city to do so. It's like a comedy hour of nit wits. This could be the most important event they have had in more then two years and they screw it up. They are hopeless.
Because on my trading platform -Etrade- thet had no news posted for the stock until after the market closed. Does that answer it. Someone had to direct me to Yahoo Finance where it was posted. But in reality the statement is erroneous after I sppoke to the Crystal City official as to what really happened.
Let's hope they get this thing straight at the informal meeting next week, but I have to tell you it's not looking good for what they are asking for if they stay on that same line.
Yes, just expanded on it from what I was told. The mood on the city part is not very encouraging right now as they feel
they have been mislead. The City Attorney doesn't want the City involved. My best guess is that they will have a meeting to have another meeting but my guess is that this will become a dead issue. Why Ward is not involved with help from attorneys and PR to sell the message to them is beyond me. I
truly believe he doesn't want any part of it for obvious reasons. Right now we are all screwed. I just cannot believe the stupidity here. This could be made into a movie. How brazen
to lie on the press release to move some stock. You see where it's going . This could be the end of this saga.
I appreciate your blog but I just got off the phone with my
contact in Crystal City who is involved with this process.
Let me give you the BAD NEWS FIRST, the vote was tabled for lack of a better word for saying NO for the following reasons.
Dr. Barnes and his wife attended the meeting and was asking for the city and or county to provide ECCI with a 2.5 loan at
0 interest and to float a bond for such and NOT go thru the future empowerment zone for their 0 interest bond. Why!
No-body has any idea. In addition he asked the City to provide
the 15,000.00 for the bonding council to proceed and an addtional $50,000.00 for other things that no one is sure of.
To be honest he caught them off guard and has cofused the whole situation. In addition he told them that the bonding council does NOT have to do due dilligence because he has already done that. I do not think he understands the process
as the city wants the bonding council to reveiw and get the
necessary financials and whatever is needed to conform to a
an application for the empowerment bonds. They just don't hand
out money on whims and the bonding council has to go through
the numbers and come to an opinion that this would be a feasable entity that can survive as the city will be liable in
the end. Please read my past blogs to explain about bonding.
In addition based on what has taken place, Sparta and ECCI will
have to apply for a new loan and file an application for a differnt kind of bond which by the way the city is not inclined at this point to guarantee but has not said no to
yet. The city attorney advised the council members after he
reviewd what information I guess they gave him and his opinion
was the City should NOT engage in any approvals as they , ECCI and Sparta by it's representatives messrs., Barnes has created confusion and now many unanswered questions as to the feasabilty of this project including the amount of people that they reported that they would employ in the surrounding area.
They have managed to totally screw this thing up and by the way no one I know in the city or empowerment has ever heard of Royis Ward or ECCI except for this process. Someone mentioned
on this board that he was some big shot in Crystal City. They
told me that if he were next to them at the corner of walk and dont walk they would not know who he was. So much for his
being a somebody in a small pond. That's all I have to report.
I asked for a comment on the news wire report and the comment was that they never yesterday gave any kind of approval tentative or otherwise and the only thing that they did do,
which is the GOOD NEWS, is to table it fo next week to try to have a meeting of ALL interested parties to try to figure out
what these guys really want and if it is do able at this point.
If they had to give an answer yesterday it would have been NO because what Dr. Barnes was asking for, a speed up process mode and change from bond to a 0 interest loan and no due dilligence by council. Can you believe the studpidity of these people,
Yes I can. This is it in a nut shell. Ward was no where to be found at the meeting. Just Barnes and his wife. Can you believe that this is a real company with a management team. Sorry I cannot.
There press release is erroneous and I am sorry to say just one more stupid move by amateurs to provide value for the shareholders and do the right thing. Can you imagine the
principle player Royce did not show up or any of his people except for the Barnes for this event and they were unprepared for the meeting that time was alloted for them. What a sad commentary on this company and Ward who I truly believe has a different agenda.
Your right but very vague as to who is payingfor the bonding council which was not stated in the release. It's funny on my
etrade live nothing showing on news. At least it's a little something to hang hat on. Not a negative but a positive.
What does tentative Resolution of Support mean. This meeting was for the city to pay for a bonding attorney for them to move forward with. They either approved it or they didn't. Tentative resolution of support means nothing. Are they
saying that ECCI can move forward with them paying the bonding attorney fee themselves. I do not get it. Very vague if this is a release. Not surprised if this release is true as it does not spell out if the city went along with them and is paying for the attorney which the meeting was about in th first place. Sounds to me that as of now the city is not unless they specifically say they are.
This was not released by ECCI and I do not see it on the news wires. Be careful.
Just read your post and I am not surpried as to what happened.
But maybe by design for a good reason. All these guys excluding Ward are part time and probably were given stock and a song and dance by Ward instead of money so they only know that if they get this off the ground they reap some money and
be able to sell some stock plus receive options etc, or some plum that was promised. What they do not know is that there are tiers in relationships that Ward has. One is his buddies by phone who believe in him and he knows very well to sound like he is some stupid shit kicker but believe me he is not and he is as sharp as tac. My thesis all along after getting trapped into this stock that the tight inner circle of Wards group of whch Adams, Barnes et al are not part of have milked the hell out of this stock with new investors and stories just
like the one I got of this great process etc. If you notice and just think on it for a while a lot of money has changed hands over the last two years and starting after Ward awarded himself the preferred and total control of the voting shares plus the right to convert stock into I think 30 million shares
that cannot get diluted in the case of a reverse split plus the fact he added approx 2 billion plus shares to the float all to benefit what? Use your imagination and I am sure you can up with some ideas. This stock has traded a lot shares
in the last year with a stockholder base of approx 60 shareholders. You tell me who are the stupid ones? Billions of shares have passed from different platforms and aside for
the quartely spurts the stock keeps resting to where it is
today. Someone made something on this. It's funny you can buy but very hard to sell and the spread is kept tight and controlled. Only when they want to unload they come up with a rumor, a vague PR and all of a sudden the stock explodes like
they are on to something which never has materialized and then forgotten. If you notice there is never any real news on ECCI.
It's always about something else or related which we think
is related to the health and future of ECCI but the stock does it's thing and then bottoms. This is a continuous pattern. I think they are trying to get this money but a lot of complications will come into play as Royce may be subject in my opinion to civil and possibly criminal proceedings as to how he was able to receive his shares, preferred etc. He claimed he loaned money to the company or he deferred salary
etc. The law is clear on this abut deferring salary and that is you must pay the tax on the deferred salary and claim it in the calender year you took it in for this to be a live transaction. Who knows what really happened plus the fact he awarded himself, his son and others stock etc and acted as President and the only board member which does not sit well with me. No one received a notice of meeting and also no one received any news of a material change that was pending prior to this event. I have spoke to security lawyers who happen to be friends of mine and they have told me that he may violated
the rules of being a public entity to his equity holders by not going through the motions even if he still gets what he wants. That violates many state and federal rules concerning
public entities, which I do not want to get into. I personally believe that they will come up with something for the next meeting and if approved will spin it or will not show up with anything new. I just do not see how they will be able to float these bonds based on the lack of real finance, on going business that they have not had to date. Maybe they need the other plasma concern to justify this loan as there is no
history on that process or company and is virtually a start up which ECCI is not by virtue of the fact they have done no business for many years. You tell me. I have been involved in two of these deals and believe me they ask for a lot of information and financials before hey budge and also gurantees of required capital to be maintained and other things to protect themselves. They just do not hand over the money. Good luck.
I do not know how much stock you hold but let me say this. I and my group are in this stock for over two years based on representations that were made to us. So far not one thing that was said has come to pass. I have been trading this stock as a hedge to get out. I have been buying low and selling in a limited way at 0.0002 and above and when and if it
does move we will be selling into that. I can tell you that we have a consideable amount of stock as to cut losses it was worth to take an additional risk by buying at the 0.0001 level as much as we could this last few weeks and in the past before the temporary swing up. I do think this is dead stock because of many reasons I have written about in the past. What I mean by dead is that i do not think this is a company with the present management and the people I have spoken to are the kind of people that will be able to taka this company to any level based on what they have done to date. That does not mean that the stock will not rise again and I think it will or I wouldn't be an active buyer but it will go up not for the reasons that most of you think. That being said, I can say
yes I think a new spin ( plasma) will come about and maybe a surprise contract that will lift this stock for a while, but in the end it will be difficult for this company to survive in the long run as more things come into play if you want to be
a legitmate entity which in my opinion they will be hard pressed into doing.
Back up what i am saying. Most of what i wrote is public information. Maybe you ought to do your own DD. You obviously
are not aware of too much and I think you should do your own
research to make a judgement.
Wrong again: The mm's would never hold inventory in this piece of crap. Maybe 5k at most. If you know level II all the big trading is done from the electronic platforms which are
not market makers. The ones playing this stock is Ward and his cohorts through third parties in street names. You think the MM's know anymore then you do. Well they don't. This stock trades on impulse and leaking news for two years. They
have no real assets so all you are buying is what they say is happening which is nothing. You are just buying paper with the hope that they can catch lightning in a bottle. It has happened before but they have no ongoing business that you
might be imagining. All the people are part timers and get
paid maybe with promises they believe and stock and this is not a company that has headquarters, offices, R & D and people who work it everyday. Learn what you have invested in. It's unfortnate but true. A board meeting of which Royce was the only member as of his last SEC filing can be held in front of his mirror in the bathroom. This is not a real ongong concern so please do not think they have some committees or boards where they discuss and commit dollars to this and that. The only thing Royce has done well through this whole experience has kept equity holders in the dark about certain material things and dilute all the shareholders in under two years.
This stock has nothiing to do with the market and real world of finance. That's why it is 0.0001-0.0002. It's wind down and up depends on very few people who play it.
WRONG: This meeting is NOT TO APPROVE ANY LOAN but for the
governing entities like the city or county to approve funding
for them (ECCI) to a get a bonding council ($15K) which they
the entities will pay for. How can a city or county approve a
federal loan. The stock will only go up if Ward puts a spin on it and then you are looking at maybe 2 to 3 mille on the upside. All that stock that was bought which I was able to get just a little at 0.0001 as I left a GTC trade on for two weeks and by the way have a sell order in for 0.0002 for over a week with no takers. This is a joke, as you can buy but cannot sell unless you sell for half of what you paid in general. Co-Pilot is right on with this stock and when this moves if it moves they will be facing over 1 billion shares of sells. The problem with all of you is that this loan means nothing in comparison to them getting any kind of workable contract that they have not received in any of the fields that they have gone into for over two years which tells me this process is not what it is hyped up to be. There next move to
cloud this government loan with bullshit and maybe make a
merger with the plasma process telling everyone this is the greatest find to join processes to take over all the world business. I suggest if a move comes take a good part of what you have and turn it into money becuase this stock will be
back down within one month to where it is now unless there
is a real deal in the works which is highly doubtful. This is more then a high risk play and the only way to play it is to buy at 0.0001 and keep selling for 0.0002 and above when that happens. The only reason I stay in now is that I have a lot of stockI bought in the last two years and I grind out a profit when I can by using that rule of thumb becuase I know these people have taken us all for a ride but they know they can print money ( stock) , about 3 billion shares out there and every few months come up with an almost done deal that you never hear anything about after that.
all controlled on the sell side. Have 2,000,000 plus shares at sell at 0.0002 for days and no bites. Also have buy for x million on the buy side and no bites for days. Strictly a controlled situation. Those shares traded today at 0.0001 was
like a private event in my opinion. More then enough to take my buy order. Hanky Panky.
Yes step 1 will help and hopefully they are prepared with a detailed and impressive busness model, because that is
what's going to be necessary to overcome sick financials.
Plus the fact a possible merger with the plasma will help
get them through step 1. I think the real problem
they face is that in all this time they have failed to come up
even with a best efforts contract with anyone to date. I question the technology as to whether it really works in the
fields they have chosen to pursue. Now they will talk up
combining the plasma with their technology to make it more
interesting.
I think that was very well said and truthful.
Based on what? Then it was in their prime of hype and how long did it stay there. Now they are at the end of the line.
They have no contracts or have not received any orders the last two years. No revenue except for sale of stock. No venture capitalsts because they thnk it is a viable company. They changed directions at least four times that I can count, from
hurricanes, lakes, mines, Nat Gas and now who knows. Not one taker and the one who ran a test in UK said the process did nothing and stopped the test and told them to take a hike. So
you tell me how a company with nothing going on is going to get a loan by floating a government bond. Do you realy think
that they have the financials, working capital and a going business to warrant a loan from anyone. They have three machines that have gone through all the diseases of cambodia
by being moved around the world and they have come up empty. Now they want to sell you on plasma. Just another avenue to
hype and suck in your money. This is not even a viable shell
to sell because they issued so much stock that no one would
even buy to go public thorgh the back door. Any type of run and I am out. These guys will wind up in front of a judge someday, penny stock or not. They bilked well over 2 million out of this.
When it hit $2.00 there was les then 70 million shares in the float, not billions of shares.
Someone buying and the stock implodes. Then please tell
me who is selling. Where are all the cheerleaders today. If there was a buyer the stock should be trading on the ask. Now maybe it is because people are fed up. Next stop the steps of the courthouse.
I think you may be right. Heard he moved to Dallas.
They are a Nevada Corp that is public and accorfding to the Nevada Sec of State they have to open there books to shareholders and disclose any material changes that might affect the equity holders. Ditto with the SEC. They are
not diregistered with the SEC just that they are not a reporting company but stll are public with 10 or more shareholders and have an obligation to report to them if asked.
Wrong Pal, they do have to tell us. Yes they are pink but PUBLIC, so they have a responsibilty to the equity holders whether they are pink or not.
Why is it depressing? According to you and Tkt they have a
bright future, honest and above board etc etc etc. There just
working very hard, taking our money, really not that hard.
It's easy when you can print your own money.
I am happy to see that ECCI is particapating in the bull market this last week. Anyone care to guess how much stock they will print and sell at 0.0001 after the market closes
today. My guess is 18 Million shares coming off the press.
It's funny I have a good til cancel for 5 million at 0.0001 for the last 3 weeks with no action. I leave it there just to see
if they will fill it.
Meaning nobody in the city knows ECCI's situation, if they are doing business, have financils etc., Maybe they know the name
or heard it but do not really know the company until now with the info they have given them. That's what i mean. The reason
I do give them a 30% chance is the we are in strange times and
anything the city can hang there hat on will induce them to use
the funding if they can get it done within the guidelines because of economic conditions in that part of the country.
If you look into history many towns in Montana were once viable
cities and now are a just a shadow of what they used to be becuase of economic difficulties. This could be such a case
so ECCI could be in the right place at the right time. I did speak to some people in the city and the new zone and they were familiar with ECCI since they applied but did not have a good grasp of the company but just general info. As far as DD,
I did more then you know about this company and know many things and have in my possession letters from people involved
with them either as a potential customer and others that I
would not like to disclose for reasons that I feel would not
benefit anyone at this point but could at a later date if
needed to protect my own and everyones elses interests to
recover something from this huge loss that I have taken.
My real hope is that they will clean up there act and get
something going even though I disagree with you that they
in my opinion have violated shareholders rights and have
abused and jeapordized and compromised shareholders value
and leave at that.
Yeah! You think so, right! Cannot back up anything. All you
do is pump.
Please refer me to any statement that they said regarding anythng about ECCI. And by the way if it was good how come
they haven't used it. I have never seen anything said by Ches., saying anything about ECCI. Please show us or
refer me to where that statement is.
First of all the City is not familiar with ECCI and in addition the Plasma company is not from Crystal City. Mr.
Barnes is the one who brought the Plasma company into the
picture. In addition no financials have been filed to my knowledge since 2006 and the accountants removed themselves because they were not paid. Now maybe they compiled financials
to go forward to try to get this project. Your thesis that
the owner of the Plasma process wanting to be a big fish in
a little pond holds no water. Please get realisitic. If you
were looking at something you have that can be a life changer
for the better, more then you ever dreamed and you had a choice
to go with say some major like Dow or Dupont with money,
good background, continuity and ready to give you the money
necessary to develop your product, continue with the R &D to make it even better, have the right people to market it, have the technical people and give you the comfort to know that no matter what YOUVE MADE IT by virtue of them paying you a great deal of money for the patent, a contract, stock in the
company that has a track record and options to buy more stock,
and then you have ECCI standing in your door offering you
No Money, No marketing to speak of, has no or a poor track
record by virtue that they have never delivered on anything
that there CEO said was going to happen, see a stock that sells
in the sub penny market, dilution 40 fold in less then two years, An IR guy who has neer met the CEO or never has seen the machines or process work, no financials that show any revenue
or for that matter a pattern of continuity you would think
anyone in their right mind would go with ECCI. I do not
accept your answer to my origianl question and I challenge
anyone on this board to come forth with a real logical answer
as to why this new Plasma company that has this break through process would even consider ECCI. Please we have
many intelligent people on this board but is everyone so
afraid to face the fact we were all duped into this equity.
That when you see 50 million shares trade in the last half hour
selling at 0.0002 then after buying at 0.0001 is that what good
companies do. Is that even handed or manipulation. One comment by someone on this board said, Royce wouldn't do it to make $5,000. I ask that person WHY Not? If you do enough
the $5,000 can turn into hundreds of thousands and possible
millions which I personally think has been made by pumping and dumping. Believe me I hope I am wrong but until someone can
come up with real answers I will still stick to my thesis.
Please let all get realistic about this. There has to be some logic in what people do. We bought to make money on this stock. Royce and insiders are in this to make money. When you
cannot sell the stock for 1 penny you find it,s natural level
and just sell more stock to meet the numbers. The only thing
different then say two years ago is that they have more volume
now to get the same dollars that they print by dilution. They
make you hang on hope they create by illusion. Right Co-Pilot.
You say it is a patented process that been proven by some energy companies to work very well. Well please name ONE
energy company that has said that. Name ONE energy company
that has used this process. For that matter name one ENITY
that used this process and has said anything good regarding this. I turly wish you were right but what you right is incorrect. You cannot support what you say and believe me
I wish you were right.
QUESTION: If you owned the Plasma process and knew that this
really worked and was a multi-lillion money maker.
The question is- Why would you get into a sick bed with a company like ECCI that can offer you no money for R&D, no
financial backing to start up and fund the necessary things
you were going to need and also which is very important and that
is give you a comfort level of financial renumeration that will
last your lifetime. ECCI sells for 0.0002-0.0003, has no full
time people working for it because of money restraints, has no
capacity to market your product properly. Has way too many shares outstanding due to the fact that the insiders and or company used the philosophy that something ( money for sale of stock) is better then nothing. Has not to my knowledge filed
an audited financial report since 2006. In addition has no viable business where the company can reap some revenue. Why
in the world would you go along with them if you had something
that good when you can walk in the door of a major corporation that has the where with all to make everything happen for you.
Can anyone on this board give me an hinest answer to this question.
One thing the PR release left out is that the city and or county will vote on the 21st of April not for the loan but to lay out money for the bonding council. Of course they want financials to show that this could be viable to even commit
to use of these funds. Once the bonding council is hired and financials and business model is in then they will format a
plan vis a vie financials and business model to fit the qualifications for the loan. Keep in mind that ECCI is very limited in capital and they may have to beef up their balance sheet as usually a min. net worth is asked for by the Govt and or City, County and State or they are responsible for paying of the bond. I noticed they down played Sparta ( Plasma)
in the press release. This is the big fish to catch in my opinion as I do not think in the end ECCI will be able to
meet the qualifications for various reasons, but Sparta could
maybe make this happen as we go forward with a Green plan for the USA in a lot of areas. Water is the most precious comodity
we have and good water will play an important role in the future of the world. If Sparta does have break-through technology then this stock could be something as they(ECCI) have
run the gauntlet and have come up empty on all fronts. The big question you have to ask yourself is why would Sparta need
or combiine with a sleeze bag operation like ECCI which cannot do anything for themselves let alone Sparta. Sparta if they have the break through process can command many good and quality companies that will reward the priciples and make
things happen financially for R & D and marketing etc.
Why would they hook up with a non enity who has nothing to offer them. I am leary of this becuase of the above of whch I stated. I would Not be Buying until the company, ECCI, shows
more then the vague PR's it has put out. They still have not told the shareholders they have financials and more importantly they have to clean up their act because any investigation into this company by Nevada, Texas or the NASD or SEC will kill all plans for this bond. In plain english they must report good or bad and are they up to the task, as it will probably cost Ward to resign for someone to take this company to the next level and also might subject him and others to possible criminal and civil investigations and or action by the Feds or state bodies that are suppose to be on
top of this in this business climate. The company has a shot but it is a long shot in my opinion.
For starters when the stock hit $1.25 there was less the 70 million shares in the float. It's true that Ward is an old timer in the oil business. I really do not know how successful but Tide which he was part didn't do much. Matter of fact the federal court made his son or him give back approx $200,000. I believe that he is trying to do someting with this company but this company has been around a while with this process. This tells me after all directions that they have taken in the last two years plus the fact that the South Crofty Mines in UK in which the process did nothing and that is
why they didn't even want to continue to test. The GM wrote
me that the teast proved nothing and nothing had changed for the better plus all the other stories I have heard shows me that they either do not have a meaningful process or they plain
stupid when it comes to marketing it. I really feel that the process is nothing special. I think they have pumped this stock, adding shares ( probably around 1 Billion to 2 Billion
to the Float) which makes it tough to take the stock anywhere.
they would need alot of money to absorb the sells which none
of them have dollars, to support that thesis. Adams is nothing and has done nothing. Barnes could be the key and I think that they will annouce or come up with a story how either ECCI or Sparta will merge to keep ths going. Maybe this Plasma is something but ask yourself one question and that is if you had this Plasma Process and it was really good, would you line
up with a company like ECCI who virtually has a few machines
and no real cash or someone who has the money to take this
process if it good to the next level. If I had somethng good
and wanted to launch it for lack of funds I would find the
right company who could make this happen and incorate it in
their R & D budget not some company that is the size of snot
that can fall on your leg if you sneeze. ask yourself that
question and I am sure you will coe up with the answer right away. You watch they will PR this thing like they are either approved or merging or whatever to keep this going. Rememeber
if you buy you cannot sell. the onloy one that can sell is the one printing the stock. When you add up all the volume
for the last two tears who made money except for the insiders or the pumpers. I rest my case.
Yes you right we need a contract soon. I just cannot understand how they have a process that is maybe so so and they cannot land one contract from anyone even if it is on
a best efforts or trial basis and how figured with the savings to the customer in the contract that determines the price. i just cannot get past the fact the Ward says this and that and nothng ever comes true. It's not one thing but many of the last two years. Even reporting to the shareholders about filing tax returns is a problem. I just think this has become a pump and dump situation with the company printing stock. The volume is up but we are stuck in a rage that only someone
that can print can sell and make. I truly feel that they are
dishonest and have made personal gains from this over the last two years beyond what people think. Can't get passed that. I think that Royce baits peoplewith greed telling them things so that they will buy and get others excited and so does Adam.
But in the end nothing ever comes of it. Now with the plasa as a new vehicle to keep this stock a float. It's always someting new after they exhuat you into thinking that they
have finally come to getting a contract. I think it is bullshit
the Texas way. Any advance north and i will be selling onthe
next wave of bullshit. I'm done with this.
I think I already reported what you just wrote. By the way the city manager is a woman.
Sparta is the major player but has one problem and that it is not a going business. This would be the ones to employ approx
with Ecci up to 1800 people. The meeting in April is NOT FOR
APPROVAL of anything. It is a meeting where the city and or county will commit $15,000 to hire a bonding attorney. That's all there is. Sparta is a start up more or less and claims to
have orders but the government doesn't just lend on that. They need capital so they need to seek a venture capital firm
so they have the finances to do this deal Usually the company
has to maintain a min. capital to insure the bonds and that they will be around to pay them. They have a long way to go on this deal.
ECCI has really not done any business so there problem is that
they cannot show any meaningful busness and on going orders or contracts. I said in a previous blog that they have a 30% chance for this to work and i am being generous. Yes it's true
the empowerment zone has 60 million in bonds at 0 interest to
float which they have had for 7 years. The problem is they
cannot get a viable company that has clout to come to that area.
The bottom line is ECCI has no business, conratcs etc., This
is a major problem which tells me that this process is not
that good for the market they went after. There are companies
now in Barnet and other areas that are doing business with
water that ECCI cannot get a handle on. What makes you think
that they have the right thing. Wouldn't you think someone
would jump on it but they haven't because there is probably a
good reason. Who wouldn't want to lower there cost if they could. The Plasma might be something worthwhile but ECCI
has nothing that can generate revenue or they would have been doing it already. What happened to Devon and others. Not one taker, pretty sad.
We need luck because I have no confidence in their process, management and the lies they have spread over the last two years. This a a pump and dump and the reality is they should
be standing in front of a judge and maybe one day they will.