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Well, it appears we've both spoken to Michael...
but we've come away with different impressions. I can't write much of what I've been told by Michael or any of the others I've spoken with recently, but Michael sounded far from a picture of health to me. And, I know this is cryptic, but I've gotten different stories from different people within the company.
The rabbit hole goes deep on this one and I'm unsure where we're headed. There's apparently new money being put into the company, but at a potentially very steep price.
And, to see that old is new and new is old, call the contact number on the website:
http://www.ecosafeusa.com/contact.php
SALES & MAINTENANCE
(818) 984-1593
It's been this way for days if not longer...
A sale!
Of course, there have been some sales over the past 6 months that were unreported (like Paulo had told me) because they didn't feel it was worth spending money on PRs that were for small sales. Now, I guess they are going to go back to their old ways of putting out a PR every time anything happens.
Well, unless, of course, it's a PR telling us what he hell is going on with the leadership and management of the company. We're left in the dark on that one...
Not sure how this will shake out...
But, apparently there's been another shake-up. The people who aren't responding are likely now gone, and if you want details you'll need to call Michael. Do whatever you can to call Michael. He's healthy, apparently, and he's highly involved.
What this means for the future is hard to guess, but like LA said, "expect news soon".
I'm still trying to piece this together. FWIW, I haven't sold a share, but whoever has been selling likely did so based on inside info. Which, is bad.
Oh, and according to Michael (and Paulo just last week), there are sales to report. I'm guessing small ones, but we'll have to wait for the PRs to know.
When I learn more I'll let people know.
-Plee
I spoke to Paulo by phone yesterday...
He called me back after a left a message, but he has been delayed in getting back to people. He's still 100% committed to Eco-Safe, and he said he'll make sure the Board sees emails that are sent to him. I asked why they cancelled the China trip - if indeed it's been cancelled - and he said the Board felt it was best to wait to see if Mr. Nixon will be healthy enough to join them in the future. I asked about how the company is staying afloat and he said there is money coming in from sales. Not big ones, though.
May I ask, what was the basic content of your email?
-Plee
Email him again...
And again if necessary. I had to hit him up twice myself recently.
Yes...
Hoping for a PR of some kind later this week, but, well, it sounds like the trip is delayed due to a health issue with Edward Nixon. It appears he's going to be ok, but he won't be able to travel for a little while.
I recommend that anybody who wants to find out more should contact Paulo. He should know the latest details.
Paulo Ribeiro de Lemos
Executive Vice-President Marketing and Sales
Eco Safe Systems USA, Inc.
e-mail: paulol@ecosafeusa.com
I'm not pushing it...
Never have, never will. You obviously haven't followed my posts for the past 5 years. I've been critical when criticism is warranted.
Truth is, if nobody wanted to buy ESFS shares (like you said recently), the price would go sub-penny in a heartbeat. But, instead, 152,000 shares traded today and it never dipped below .038.
Fact is, there are hardly any people who follow this board. It's unlikely that what's currently being posted here is having any affect at all on whether people are buying or selling. So, your continual attempts to drive the price down (for what reason, you've still never revealed) are all for naught...
Well, I would...
Somebody is buying today...
I'd prefer a higher share price, but accumulation is better than stagnation. Especially without news...
You're misunderstanding the concept of "new management"...
If a person is brought into a business (any business) to be the Executive Vice-President of Marketing and Sales (like, say, Paulo), that person isn't expected to infuse capital into the company. That's a totally ridiculous concept. That person is brought on board to be the head Marketing and Sales. If anything, the new management team is doing the company a favor by accepting barely a living wage in exchange for their work. This so-called "group of individuals" are helping the existing management to manage the company - they ARE NOT buying it.
Michael Elliot still owns the lion-share of this company based on his shares alone (never mind any other agreements).
LA - that pretty much sums up my response...
You're absolutely right, no words were twisted - nor have they ever been. And the use of Bill Gates and MSFT was meant only to explain that upper management, in most cases, do not buy shares on the open market of the company they work for. They usually take shares as part of payment or because they own the company.
What are you talking about?
Over the past 5 years I've purchased over a million shares myself (only a handful recently because I'm satisfied with my position and I prefer to diversify) and I'm pretty sure most of the other posters on this board have bought quite a few shares as well.
As for your contention that nobody is willing to buy the stock, like most things you say this statement is patently false. In fact, here's where you can find a list of how many shares sold today, yesterday, last week, last month or even last year:
http://ih.advfn.com/p.php?pid=historical&symbol=NO%5EESFS
Lastly, I'm not sure why members of the new management team would need to buy shares. I mean, was Bill Gates buying shares of Microsoft on the open market? Unlikely...
I'd say this is a rather good sector to be invested in.
This sentence:
Many companies have their sights set on China where, despite spending 700 billion yuan ($114 billion) on water infrastructure over the five years to 2010, much of the water remains undrinkable, a situation that has led to mounting discontent across the country.
And this quote:
There are going to be huge fortunes made in China on water because China has a staggering water problem and they know it. They are spending a lot of money to solve it.
This isn't true.
You have never given proof relating to the veracity of the resumes of the management team. Not once have you provided anything that could be considered a fact. You have merely stated your opinion. An opinion that no one else here shares.
No one has accused you of anything....
If you could "care less" where they have their office, then why did you say this":
The place in the back. Drive through the alley way and it is one of those mini-warehouse units for light industrial with a 200 Sq. Ft. office space next to a garage door. Very impressive, but what can you expect based on the revenue stream.
We all know that the company is not rolling in cash...
so why would you want them to overspend on office space? It seems to me that Eco-Safe is doing their best to keep costs down in order to use any money they do have in an effort to increase sales. They certainly don't need a retail store front with a huge fancy waiting room and a bunch of displays to accomplish this.
The same thing has happened to me quite a few times.
Just last month I had a buy in at .035 and a bunch of shares sold at .03. Pink sheets trading is like the wild west...
In today's economic environment it's more likely the Chinese government would just buy Eco-Safe and do with it what they'd like. They could then market it all over China and the world and make more money than they can by knocking it off.
Not to mention, if they wanted to knock off the product they could do it without the help of the ESFS. Might have already done it by now...
Somebody dumped a bunch of shares yesterday...
driving us down to .035. Likely somebody who received shares as compensation during the previous couple of years grew impatient or perhaps they bought a little while back when we dipped down around .02 and decided to take the profit. The momentum has been temporarily halted, but at least the current Ask is at .07... for now.
ESFS
Nice breakdown LA...
As I understand it, you are correct - the trip will not be that costly because other than travel, rooms and some meals, the Eco-Safe team will be very well taken care of much of the time. One of the perks of traveling with Edward Nixon. Who, by the way, is going strictly as a representative of Eco-Safe.
In addition, one of the things they will be doing is talking to Chinese manufacturers. Let's face it, the product can be produced much cheaper in China and it makes a lot of sense to do so if they're going to be selling in that region. They ARE NOT doing this the way old management would have - they have a fully realized game plan. There's a realistic chance that when they return from this trip there will be signed contracts in hand. As they said on the website, " this is not an exploratory business mission. It is instead, an opportunity to formalize commercial agreements with significant impact on Eco Safe’s overall sales."
If you're people aren't excited about the prospects of ESFS now, then they likely never will be. They are swinging for the fences and, after-all, isn't that why most of us are here?
Good Luck to Everyone.
ESFS!
Excellent points coalesce...
Investors in Eco-Safe are here because we know what happened in the past and are excited that new management has learned from those mistakes and is now taking the company on a new path. All that money that was used to pay for R&D and the securing of patents etc is no longer needed. Paulo and the rest of the Eco-Safe team has now moved on and they are aggressively pursuing all possible channels in order to sell their great product line.
The China trip will be telling. There are no guarantees, but it sounds like having Edward Nixon and John Gong involved is going to make access to previously unavailable Chinese markets a reality. For those that want to discuss this further, send an email to:
Paulo Ribeiro de Lemos
Executive Vice-President Marketing and Sales
paulol@ecosafeusa.com
Paulo is available to talk to ANYBODY who has questions or wants to discuss their concerns.
Prior to changes in management...
the company was in dire straights. They had borrowed money - some of it at very high interest rates - to stay afloat and they were putting out PRs for every single individual sale because there was nothing else to report. And, we went almost 6 months without any sales at all under the Paul Doucette/Michael Elliot tandem - including almost losing some of the major accounts (this could have been a catastrophe) due to a lack of professionalism. Let's just say things were much worse than any of us knew.
Under the new leadership of Paulo, John Gong, Larry LaVerne and Edward Nixon, Eco-Safe is finally attempting to deliver on the far-fetched claims of the PAST. These are the types of people we needed to lead the ESFS charge five or so years ago. They have finally righted the financial ship by getting rid of the toxic loans while cutting down costs and have positioned the company to introduce the product to new markets while expanding the company's domestic footprint. Just because they aren't putting out poorly written PRs every time a single unit is sold to some market, restaurant or seafood processor like old management used to do, doesn't mean that there have been zero sales. If anybody questions this, call them.
And, how long did we all look at that prehistoric old-school website and wonder when they were going to make something more professional? The answer - five or more years. If anybody questions where the company is going now, they should ask themselves why respected businessmen like Edward Nixon and John Gong would get involved with Eco-Safe if they believed there was anything remotely scam-like going on. Why risk their reputations? The answer is - they wouldn't.
Lastly, there are no guarantees when investing in the stock market whether large cap or small. However, the risk vs reward that ESFS presents is likely a 100 times greater than investing in Google or Apple or Citibank or almost anything else. The products are great, the company has been around for more than a decade and current management is more competent than any time in the company's history. Things are finally looking up here. That is the reality.
Who said they aren't doing business here?
If anybody wants more info on the China trip...
you can email or call Paulo. He's available to speak with anyone and usually responds to emails promptly (assuming he's available). And, if you leave a phone number and ask him to call you back he's great about making phone calls.
Yep, they are going to CHINA...
So, I spoke to Paulo earlier and he said it was ok for me to post so here it goes:
They Eco-Safe team has a trip planned to China at the end of October in which they will visit five different cities (I believe) and meet with government officials along with the management of some high profile businesses.
You read that correctly. The ESFS party will include Edward Nixon (who is treated almost like a President in China), Paulo, John Gong, Larry LaVerne & Stanley McKiernan. The trip is a week and a half long and, yes, it's a big deal.
In addition, in the next couple of weeks the company is going to offer current shareholders and possibly new interested investors the opportunity to travel with them. They are looking to take up to 10 shareholders on the trip. They are doing this to allow those who are interested the opportunity to see, first hand, what is really going on. Total transparency. The investors will travel with the Eco-Safe party from city to city and attend meetings and other events (like meals, parties etc) as if they are part of the company. After all, shareholders are part owners of Eco-Safe.
It should be mentioned though, that they are not footing the flight or hotel bills for interested investors because that would be too costly and the company understands they need to be frugal. They are currently working out the details and will let everyone know in the next couple of weeks. While it may not be realistic for many investors to take a trip like this due to the cost, those that can attend will likely have quite an experience.
Nice find!
And only 4 1/2 years old. Well done sir! You have made your point. You do remember your point, right?
You must remember when you said, "old management was probably legit, but new leadership is not trustworthy."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91068582
You're grasping at straws. You made a ridiculous sweeping unsubstantiated accusation and now you're grasping at straws trying to back it up.
Wait, so you expect us to take your word for it?
You're gonna have to do a little bit better than that.
"Please start buying so that I can sell. Things are so bad here..."
CLASSIC! You literally beg people to buy shares in the first sentence and then the next sentence you tell them that things are really bad at the company. How do you expect to sell your shares if you keep convincing everyone that the company is a "scam"?
Do yourself as well as the other board followers a favor - sell your shares now because we're dying to find out the truth. Oh, and just for the record, how did your conversation with Paulo Ribeiro de Lemos, Executive Vice-President Marketing and Sales go? Oh, you didn't call him yet? Why not?
The only one playing games here is you.
You make accusations that you can't back up, you don't do your due diligence and you attack other posters for every little thing you can find. Like your recent exchange with LA4321. You put words in his mouth and then berated him incessantly. This line tells the story well, "quick trying to make yourself look good when you blew it."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91000227
Did you mean that you blew it when you called the COMPLETELY TRUE paragraph on the Eco-Safe website a press release? Because, that's what you did.
You're bitter, I get that, but please spare the rest of us your uninformed diatribes. Barry Henthorn does not work for Eco-Safe. These guys do:
http://www.ecosafeusa.com/leadershipandmanagement.php
Just because most of your investments prior to this one have been scams doesn't mean that Eco-Safe is too. What it means is you have no idea what you're doing.
"That is so clearly obvious that only a totally ignorant person without any ability to do simple math could accept it as meaningful."
Nice job there... very well done! Slinging insults at anyone who dare ask you to back up your accusations. You need to get a grip because you've come completely off the rails here. The only thing that makes no sense is that you're claiming to want to sell a substantial amount of ESFS shares, but you're simultaneously trying to dissuade others from buying. It's as if you want the share price to go down. So, I'm asking you AGAIN, what are you doing on this board? What are you trying to accomplish?
"do you expect me to spend hours outlining things for you ...."
YES! Yes, yes, yes, yes, yes. That's exactly what I expect. I expect anyone who claims that a company is a "scam" to provide some research, some facts... something tangible to explain why they've made such a serious accusation. Instead, all you do is dodge questions or refuse to answer them because it would be "a waste of your time. Oh, your valuable time. What a terrible excuse for laziness or just plain ignorance.
"A business can have a product to sell and still be a scam. "
Sure, and a poster can have an ulterior motive. Common sense dictates that when someone has shares in a company that they are looking to sell ("the moment I am back on the plus side or I have a large profit elsewhere that I want to offset for tax purposes, I am out of here") that person does not try to convince others that the company in which they own the shares is a "scam". I mean, what would that achieve?
"...new leadership is not trustworthy. And I base that strictly on the PR release about China."
Right... because based on a single PR about China THAT WASN'T EVEN A PRESS RELEASE (yes, you read that right - it WAS NOT a press release) you're able to come to the conclusion that "new leadership" is somehow untrustworthy? What are you talking about? I would think that a person such as yourself who has years of experience investing would at the very least contact those people who they claim are untrustworthy and have a conversation with them first. Please, I implore you, do your due diligence before so flippantly tossing out such serious accusations.
"I'm an old man and I have seem most of the scheme, and this smell to a scheme to get people to pour money into the company."
If you're going to make ridiculous and unfounded accusations against the individuals running a company you should, at the very least, reread what you've written. There are so many mistakes in the above sentence that's it's hard to take you seriously. And, why did you include the fact that you're old? Why is that even relevant?
Lastly, I have to ask, why post here at all? Why try and convince the rest of us that Eco-Safe is a scam when you previously wrote, "I hope this kind of nonsense fools a bunch of investor so that I can get out"?
You may be right to get out, but...
the company is definitely not a "scam". Misguided, poorly managed... you could probably say these things and it would be hard to argue. But, definitely not a scam.
As for China, when I spoke to Paulo a couple of weeks ago, I asked him why them seem to be focusing on foreign markets, like China, when they've already successfully sold units right in their own backyard over the past 6-7 years. Paulo said, while they aren't abandoning the US (they've got interesting plans for increasing sales in California), that one of the reasons for adding Edward Nixon and John Gong - along with himself - was to specifically attack foreign markets that have an even greater need for the products than the US. And, things can happen much quicker in other countries than they can in the US. It's often much easier to sell in a country like China than in, say, New York or California because you generally don't have to cut thru all the bureaucratic nonsense.
While I can't fault anyone for worrying about whether or not Eco-Safe is ever going to be successful, I think that people should write Paulo their your concerns first and ask him if he'll please give you a call back. That way, people can vent their frustrations directly to the company and possibly find out some things that they don't already know.
Thanks MG...
Yeah, that was the 2nd time I had spoken with Paulo - the 1st being just a couple of weeks after he started - and this time was quite a bit different. He knows where the company has been in the past and has a good grasp on how to adjust their strategy to make big things happen. I agree that even with the new management team (specifically Paulo and John Gong) great things are not going to happen overnight, but hopefully they'll have some smaller victories soon enough to keep the momentum of the share price moving upward.
And, thanks for adding yourself as moderator. If we can get a couple more people to join it will feel just like old times. You know, when the stock was trading between .12 and .25 for long stretches...
Spoke to Paulo yesterday...
Had a long conversation about quite a few topics. He really is a great guy and he's working hard to get Eco-Safe to the next level.
I can't divulge everything on iHub, but there are a couple of things to report. Apparently, I was wrong in assuming that no PRs meant no sales. Paulo said that there have been some sales this year - nothing big, though - and that they'll likely release information related to these sales at some point in the future. It appears they're not as concerned with reporting a sale here and a sale there because they're focused on bigger things.
As for those bigger things... they're actively pursuing a number of different strategies in both domestic and foreign markets. China is a target and they've made good inroads there, but they're also exploring some new ideas on how to get their products moving in the US. Especially in California. Some of this has to do with simply adjusting the price of the units in order to make them less financially prohibitive.
They've also been busy repairing some of their previous business relationships that had gone a bit sour. Prior to the recent management restructuring, there were a few situations that were handled poorly and caused a few clients to delay or stop ordering new systems. None of this had to do with the performance of the products, however - they absolutely work.
I couldn't even venture to guess when we'll see the next press release or when they'll finally land a big sale. I can tell you it's definitely not business as usual - they're thinking like a big company and even preparing to fill very large orders when they get them.
Lastly, I expressed to Paulo that this board was the only place on the internet, or anywhere else for that matter, where ESFS shareholders can congregate to discuss the company. IHub is a great place for interested investors to go in order to investigate a particular company or to search for their next investment. Anyone who has been here long enough has seen how quickly word spreads when a small company begins to hit it's stride. I believe this can happen for Eco-Safe too, but it's going to take the reporting of something tangible such as the reporting of great financials or a large sale - particularly if it's from a well known company.
Remaining cautiously optimistic,..
-Plee
Nobody is being "hanged"...
Bullseye, I have no idea where you're coming from here. I clicked on the "NICE" link you provided, showed it to my co-worker who also owns shares (I introduced him to ESFS), and we both came to the same conclusion - that the site is pretty strange and not at all where we would expect to find a niche product like Eco-Safe ozone disinfection systems.
Look man, there's nobody who posts on this board that wants the company to be successful more than I do. But, I'm not gonna give them a mulligan for the first 7 months of 2013 just because they restructured their management positions. All the stuff you said you think is happening is great if it's indeed happening. But, I've owned shares going on close to six years now and I've been told all kinds of things. So, I will remain hopeful but skeptical until something big actually happens.
And, lastly, just because I don't think the Athena Technologies site is going to be successful in helping to sell or promote Eco-Safe products, doesn't mean I'm indicting you. It's an indictment of the company only. I was in no way attacking you personally and I'm sorry if it felt that way. Well, unless you work for ESFS and promoting the products on the Athena Site is your idea : )...
I doubt any sales have taken place, Hazmat or other, that haven't been written up in a press release.
Yes, Michael was extremely excited about the Hazmat unit. When I spoke to him late in 2011, he was all-but-sure that a huge sale would be coming during the 1st quarter of last year. Pretty much guaranteed it. I believe they were expecting government related sales to law enforcement or possibly even the military. However, it appears nothing has happened... yet.
And, remember this PR from last year?
Eco-Safe Discounts Price on Hazmat System to Help With Hurricane Sandy Recovery
http://ih.advfn.com/p.php?pid=nmona&article=54854851
I'm guessing they made a few calls, but not a single unit was purchased. Probably would have been a great time to donate a unit to the right organization and then recorded it's effectiveness and impact. Could have made a very compelling sales video. In fact, I know a pretty darn good professional video editor (who happens to look exactly like me) who would have edited it for free.
Of course, I was told on more than one occasion last summer (from two different sources) that they already had the purchase order for a large sale (supermarket or restaurant chain I believe), but they couldn't announce it until the purchaser was ready for them to. Apparently, that PO must have been cancelled or something...
ESFS iHub board - anybody want to get involved?
Hi all - it appears that I'm now the only person listed as a "moderator" for this board. However, it's only through attrition that I've come to be the last man standing and it was far from my intent. 3-4 years ago I was asked to be added as an assistant moderator because a couple of the moderators had left. The only thing I've done since becoming a moderator is remove a handful of posts that were obviously breaking the iHub guidelines (which, truth be told, I don't understand all that well anyway). In fact, I have no idea how the latest press releases end up on the News page (I assume iHub is linking them automatically) and until today I had never ventured into the iBox because it looked like too much work (today I made a couple of changes to see how it works).
So, if anybody out there has the inclination to get a little more involved, feel free to become a moderator. Especially if you're one of the many who have looked at the ESFS iBox and thought, "why isn't this thing being updated?".
Is it me???
Or is this website a little... odd? I mean, a place where you can negotiate and buy bulk shoes, baby toys, snacks and beverages, motorcycle and airplane parts, jewelry, liquid aluminium sulphate and other chemicals, furniture, artwork and... Eco-Safe Ozone disinfection units?
Seriously? Bizarre...
I hope these guys are currently pounding the phones and pavement selling the Eco-Safe line of products, because I don't think we can expect a site like this to do much of anything for us. It's no wonder we've only had ONE sales related PR this entire year so far. That's right folks, just one.
Bullseye, thanks for being diligent and posting again:
I've been mostly out of commission for the past few weeks (a short vacation and then a minor surgical procedure), but I have been following what's been going on here.
It's very exciting that Paulo and the Eco-Safe team are now reaching out to shareholders in such a direct and transparent manner. For years many of us has had to pester management for even the most basic company information (like, "when are we going to see audited financials), but that appears to be a thing of the past.
Now all we need are some sales!
Cheers,
Plee
ESFS!
It appears difficult to get cheap shares right now.
Would be great if we could get a substantive PR soon...
Charles,
When was the last time you spoke with anyone at Borneo?
Do you have a contact phone # for Nils?
Thanks.
Totally read my mind!
Zeolite:
https://en.wikipedia.org/wiki/Zeolite
FYI - I like to tinker around in my garage and I've been quietly using these detailed patent notes to build my own home unit. I once built a flux capacitor so I don't think this should be that much more difficult.