Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
NEAH is no longer an SEC registered company...the SEC has no jurisdiction over anything NEAH does regarding corporate actions such as a name change. Neah will have to re-register with the SEC in order to get out of the dark and become a publicly traded US company again...they are now just a Nevada corporation with a ticker still trading simply because FINRA has not canceled it (yet).
GLTY
"why else would you file"
Because FINRA requested both the 10-K and 10-Q be filed in order to keep the ticker 'ticking' lol. It was stated in the filings. A trading suspension and subsequent ticker revocation would not have fit into NEAH's plans very well.
JMO
Hawke made a negative post today which may have inspired BR to jump in big time. Could be the catalyst that propels NPWZ right to the very top of the breakout board??
GLTY
Duh! This is pinkyland...it's all about TRADING? ...not about the actual value of the ticker being traded. Here today, gone tomorrow.
JMO
"Yep that thought as well as a million others are possible."
Not really?
If you need an un-biased investment opinion regarding NEAH from volunteer professional accountants, investment advisors, securities experts, attorneys and research geniuses... just type in the ticker and ask questions on the board below...no charge. Providing links is helpful.
A major percentage of SEC suspensions and revocations have resulted from the research done, and the complaints filed, by the experienced members of this 'general information IHUB board' who volunteer their time to help uninformed investors.
https://investorshub.advfn.com/DD-Support-Board-and-Fraud-Research-Team-19670/
GLTY
My guess is they are simply responding to an SEC/FINRA written request to either comply with their rules or be faced with a trading suspension and subsequent ticker revocation?
Someone likely has filed a complaint regarding their public video promotions and non-public actions prior to their filing of the form 15?
GLTA and JMO
Well if you 'think it', it must be fact right?
That's correct..so why post made up substitutes that might mislead new people?
"seeing orders coming in for Digesters, and Fertilizer"
Links please...?
Where is all the 'verifiable' news from the company?
Good advice! That's what these boards are for...personal opinions... pro and con. Just have to watch out for the 'made-up' opinions.
GLTY
My point is that it's always good to weigh any downside 'potential' along with the upside 'potential' when making an investment decision...the final decision is on your shoulders...my guess on the downside potential of ECOS, should it get kicked to the greys, would be around 3-4 cents on the dollar as opposed to selling now?? Now is certainly not a good time to buy IMO
GLTY
Obviously you have never been caught in a stock that was sent to the Greys?...best to learn ahead of time what happens...GLTY
"If you bought into this and it caused you to get a tombstone out of the deal you had no business buying in the first place"
Well there you go lol! Problem solved.
Better to get something other than a tombstone?
"I think them doing a deal with LRS & ECOS is serendipity."
Agree...the chances are about ass-in-nine IMO.
Funny how each time ECOS management kicks shareholders in the crotch, they tend to buy more newly printed shares...go figure? Maybe being a financial predator is the way to go?
You can't take over a Nevada domiciled corporation by simply registering one, with the same name, in Ill??
"is the name of the attorney Fred bauman"
No!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142644489
"so they tried punishing you lol"
Yep...liked your word 'tried' lol. ECOS remained No Bid however?
GLTY
"And the debt, went from 16 million to 8 if you read those filings as close as you say you do you would have seen that."
JA...that voodoo reduction of debt was previously explained on the board but I guess you missed it at the time? No one knows whether it was an intentional attempt by ECOS management to fool shareholders, or an honest accounting error??
Deal-Guy has explained it very well, again...read below.
I accept your apology... EOD
"The real debt of ECOS isn't $8m. The $2m derivative liability is only real if the notes are paid in shares. The real cash debt was $6m and has been $6m for a while.
The increase to $16m (with a derivative liability of $10m) was an error in their GAAP accounting and their correction back to $8m (with a derivative liability of $2m) was intended to correct that error."
"yet i am trading companies with convertible debt at .02 cents and 500 million AS"
'Trading' penny stocks (which are mostly supported by thin air bullshit), has nothing to do with 'investing' long term. Funny though how certain 'traders' are constantly the ones providing the BS while at the same time encouraging others to 'invest long term' based on their 'solid DD' LMFAO.
"10s of millions of my worthless shares, along with many others here, that were used to payoff debt nothing more nothing less nothing in return"
At least you now understand the basic nature of an insider enrichment share selling scheme that uses toxic (death spiral) convertible debentures to empty hip pockets. They are called 'death spiral' because they have KILLED every company that has ever 'chosen' to use them in the last 20 years.
Some naive folks here still think the word SCAM used to describe ECOS meant that the machines didn't exist, or wouldn't work properly lol. While few were paying close attention, ECOS dumped 11.5 billion shares in 18 months, and didn't even reduce the original amount of toxic debt on the books (all of which was in default in late 2014). There is the SCAM.
It's all in the filings folks! I can't imagine any licenced investment advisor (in their right mind) would recommend ECOS as an 'investment'?
GLTY and JMO
"Where at on the Ecolocap website is the product and ordering section"
http://www.plantoniumorganics.com/
No one knows why, but apparently it has been 'distanced' from ECOLOCAP Solutions INC, the public company that sells all the ECOS shares lol.
Google 'Plantonium'.
GLTY and JMO
"I heard there will be an update"
This stock needs a 'definitive' update...like a suspension of trading.
JMO
"What I dont understand is that this is a real concrete company that has proof of their work but yet the price is .0001!?"
ECOS is not "a concrete company" and never has been? And there is still no evidence ECOS can ever establish a profitable market for 'fertilizer' made from the output of the LRS owned digesters?
LRS is very 'concrete' but ECOLOCAP never has been. ECOS filings, and their toxic debts, are proof enough regarding the results of it's 9 year existence lol.
I suggest you ask a licensed accountant, attorney or investment advisor for a quick professional opinion of their prospects. You will never understand if you only use information from anonymous 'self-appointed DD experts' on social media, as your DD?
The 'market' knows it's worth and has priced it accordingly @.0001 IMO.
GLTY
Only the naive and uninformed looking to get rich quick by doing nothing more than hitting the buy button with their mouse? NEAH is not 'investable' IMO
GLTY
In the investment community, the name ECOLOCAP has become a symbol for 'serial diluter' no matter what machine you stick it on. JMO
My God man..the Nevada corporation (Neah Power) can issue free trading shares (from the A/S) as payment to consultants, accountants, attorneys or even vendors that produce slick promotional videos? All the TA needs is a written authorization to issue. LMFAO.
"ECOS could fix the name issue by changing their corporate name to another name and then redoing their stock listing and other corproate documents (all of which is costly) or try and buy the name Ecolocap from its owner."
Or by buying up the O/S of a dormant shell (with an established corporate name, a workable share structure, and a believable 'potential', and then merging ECOS into it? That could perpetuate the share selling scheme?
Just thinking out loud!
You get 5 Exactlys from me...thanks
In answer to your other post..I had visualized portable gasifiers parked next to rows of portable digesters producing clean electricity in the Bahamas from the organic waste of the large resorts and casinos...oh well! Brochure by MS lol.
"i am not doing any more for anyone let alone you."
So you can't quickly show us even one ECOS filing that listed a value for any of the assets you've been constantly promoting?
Well, I guess everyone will just have to be more patient.
"GO LOOK THE KOREAN INFORMATION IN THE FILINGS AND YOU WILL LEARN EVERYTHING YOU NEED TO KNOW."
Please show us where all your imaginary ECOS (Korean) assets were ever listed in an ECOLOCAP filing? And what was the dollar value assigned to them?
Please post ASAP.
Next time you talk with someone at ECOS, ask them to explain to you how it all works, who does what, and who owns what. If ECOLOCAP closes down, none of it will matter much! Bye!
The monthly fees LRS collects from their subscribers has nothing to do with output sales? ECOS was to be allocated 40% of any NET PROFITS (at the end of each fiscal year) from the JV on output sales. Please call ECOS and have them clarify the contracts for you.
You might also ask them if those original contracts are even still valid.
"Only the system purchased for LRS go through the venture."
You must have overlooked the 150 mile radius clause lol?
"So ECOS will need to tell their shareholders all about the JV with LRS."
I agree 100%, my point was that neiher the JV nor LRS have any obligation to report anything directly to ECOS shareholders. I forgot to include the word 'directly'.
While I have you on the line...check out this interesting Fife/ECOS/CRQE/Akuo connection? Appears the entire CRQE float may have quietly changed hands on Monday and Tuesday? Good possible mesh of equipment tech IMO.
https://www.sec.gov/Archives/edgar/data/1290506/000172171618000029/ex991.htm
https://ih.advfn.com/p.php?pid=nmona&article=77952676
https://investorshub.advfn.com/Cirque-Energy-Inc-CRQE-9781/
http://www.akuoenergy.com/en/home.html
CRQE Security Details
Share Structure
Market Cap
311,917
07/31/2018
Authorized Shares
900,000,000
04/06/2018
Outstanding Shares
779,792,252
04/06/2018
Restricted
Not Available
Unrestricted
Not Available
Held at DTC
Not Available
Float
300,000,000
10/20/2015
"is there any possibility that there will be no merger but ECOS has a full order book for many more digesters?"
No...the original contracts called for all LRS machine orders and payments to go through the ECOS/BIOart LLC (private JV), not ECOLOCAP (ECOS).
Read the Dec 2016 contracts again. There were also some indications in April 2017 that the Dec contracts were 're-stuctured' without ECOS shareholders being updated? Neither the private JV, nor LRS, have to communicate anything to ECOS shareholders. They don't have to welcome your calls either.
"Read the side of the digester Kenny"
The side of the digester is not a substitute for an SEC filing of an 8-k (definitive agreement) between ECOS and the legal owner, patent holder and manufacturer of the 'Korean' digesters? An agreement spelling out ECOS's legal right to import and distribute them in the US. Public companies with shareholders cannot just make handshake agreements which can impact shareholder value unless they are just a part of a companies everyday, or normal course of business.
When you produce a copy of that 8-k filing for all to read, I will say no more.
"How's the north choice farm digester going? Nothing. Not even a peep. Is it even in place? Did I miss something?"
I'm still waiting for an 8-k that shows ECOS has a legal right to sell digesters to anyone?
You will have to call Choice Farms and ask who they bought theirs from, what the terms were, and if it's operational?
They are not promoting the digesters? They are promoting LRS's organic waste service to potential residential and commercial SUBSCRIBERS. ECOS does not share in any monthly fees LRS collects from subscribers?
Please read the contracts.
https://www.lrsrecycles.com/services/organic-waste/
"My take is ecos no longer is collaborating with lrs."
You are absolutely correct IMO. LRS has very astute attorneys...so the ECOS boys (including shareholders) likely got little or nothing out of it, other than an opportunity to dump 11.5 billion shares and buy some digester by-product as needed LOL.
GLTY and JMO