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Let play devils advocate. If you were the auditor, would you agree to be paid in shares, if you didn't think it was worth something? They might have sold the shares, but they might not have.....
Every vendor or consultant is paid in 144A shares, no?
Just saying
No revenues...
Apparently ECSL is now the Tesla of the methanol industry.
What's the next claim, ECSL will be supplying rocket fuel additives to Elon Musk?
No revs, no fuel, no Ron..
Holy cow...you're comparing ECSL to Tesla? What planet are on. You want to know what the biggest difference is ..... not the industry, NOT the losses, not the mgmt...its the REVENUE. Even start ups have revenue.... ECSL has none.... or 280k thru 3 qtrs.....that's almost an immaterial item on Rons personal tax filing.....
Stop the insanity......
No fuel, no revenue, no Ron.....
I agree, but that's all I can go off of. The financials may not prove their intent but it sure proves what they have done...and there is a history of that....
The rest of the investigative DD you speak of is all hearsay and innuendo...imo
I told you that my DD comes from the financials.... no proof of fuel or investment in this product. That is a fact....
Words from ROn or IR is unbelievable. Remember, he said 3mm/month by November 2016. There was zero in March
Yes, this is extremely illiquid. People follow it, because there are a flock of Ron Mills cluckers, that are the only ones that release tidbits of information. For those that are long and are not the high profile insiders that Ron responds to, that is the only way to get information from this potential high flyer.
I can appreciate that, but I can also appreciate clear, concise communication from mgmgt...that clearly has been severely deficient. Not too mention his lil flock clucking about imminent news releases....
We'll just see in a month or so with next financial release. Ron better have something substantive.... or what? I'll keep wishing and whining.... lol
So many deals that can't even release them publicly or record them financially......
No news, no fuel, no Ron......
No fuel, no revenues, no Ron...
Ron is currently in a non extradition country
Imminent news coming.
3mm gallons/mo is now expected to be 20mm gallons a month by Nov 2017.
To infinity and beyond!!!!!!!!!!!
Ron is too busy hanging out at Mar-a-Lago with POTUS...
and I hear he's already working on a new ECSL fuel product, called Space Fuel. It will fuel the new SpaceX rockets to Mars... hahaha
imminent cash flow into a new SeeVee for Ron.
Maybe a 39' with a tower....Easy for him to haul over to West End, when this all comes crashing down...
I'm willing to wait. However, I'm not going sit back and watch hot air pass me by.
I will believe the HYPE, when there is actually proof. And I hope there is...
But you can hope all you want. facts are facts.. so we'll see...but don't keep telling me to wait for the next Q...or say there is imminent news. Blah
Ron doesn't text me, or send me letters, like some of the other shareholders...
My DD comes from reviewing the financials and filings. Solely based upon that, there is ZERO revenues from fuel (and minimal from the additive to boot). That is undisputable.
Now, does he have a secret plan....maybe. But if it were really that good, it would be reflected in the PPS. The market is smarter then you or I. There is no short conspiracy.
Only a man and his dream...Tucker; well all know how that turned out.
just wait until next Q's financials.
Then after that, wait until the next Q's financials..
Then after that, wait until the next Q's financials..
at some point, doesn't Ron have to show something to shareholders?
Still no proof of concept. maybe if he can provide real ACCURATE numbers (opposed to 3mm/mo out of this world guesstimates), we'll have something.
Until then... there is zero proof of any Canadian fuel project.
ECSL news out:
Ron's 4 Yammi 350 outboards don't use his fuel or additive....
Crickets from usual suspects...
blame the shorts again????
Remember.. 3mm gallons by Nov 2016 - FACT: 0 gallons by March 2017
I'm pretty sure Ron is sipping an old fashion, laughing it up, at the Leopard Lounge on PB island....
Well there hasn't been any imminent news that some people have been pushing, trying to prop up the PPS.
Crickets from IR....
no surprise there is no buying interest.. NOT shorts trying to cap the PPS.
It got stuck at the Champlain border crossing. Gonna try the rainbow bridge next
I read the paper 2-3 years ago.. I have no clue whom composed it. He was covering small market fuel co's.... It wasn't GS/JPM/MS..it was a individual working as a consultant or small boutique.
no reason to lie about that....
I can verify the additive is not selling...per the last Q financials....
There is no other product....
The only proof of product was the $48k of inventory (prob the additive), listed on Qtrly filing....
ZERO proof of fuel or fuel pumping... Zero facts that's shorts are keeping this down.
Tell Ron to stop hanging out at Peanut Island, and start creating shareholder value.....
No proof whatsoever there are desperate shorts... or fuel pumping for the matter...
Ron's kicking back at the Bears clubs ready to tee off on the back 9.
Well, I think we all know since it was posted on the ECSL board, it surely must be related to IGMB. Ron's magical fuel is sitting behind his house.
His new venture is trying to turn lead into gold. Stay tuned imminent news forthcoming!
No wine for the bourgeoisie, while Ron sips on some Silver Oak, while cruising down the ICW on his 40ft yellow fin.
Let them eat cake!
Yet Ron and team can't release any news or information on ECSL.
NOTHING imminent, except lower PPS
what does that mean? over there?
wait until next month....quarter...2018, 2057....end of civilization.. hahahha
this will be an overnight success.. POW! billions in revenue overnight...
J/K seriously, Ron is working on something BIG....
So, you have no clue about short interest???
I put in a bid at .30 and it was filled... I'm not capping anything but my limit offer....
How so? What is the short interest?
IGMB news may be start, but like fuel, medical side needs volume too.
Just another carrot.
no imminent news, no revenues, no fuel deliveries, no plan.
Secret blend formula: the same as Eco Flex 96, but name changed to "Super Duper 96 Rocket Fuel for your car"
I hope there is more than 1 station....there better be more than 2. To do his 3mm gallons a month, he would need 100 stations.
Don't go around speaking of Rons secret fuel blend. ECSL has their own dept for that...hehehe
I heard the secret additive includes a dash of love.....
"Soon" is a relative word. In relationship to ECSL, "soon" means w/i 3-5 years hahahahahaha
I agree, and have no doubt the longs aren't selling.
I also don't know the inside roster, its jut my opinion. I would think that based on the WAV that they do control a good chuck of the outstanding shares...
My comments may come off as troll like, however, this board needs a bit of realism, and based upon historical financial performance, some of the claims here are baseless...
Mine could be baseless as well, however, financials have proven mine are closer to realty....IMO
I hope I am very wrong, and will be the first one to admit it.
I understand the need for discretion, however, Ron and his team, making bold inaccurate statements every 8 mos, doesn't exactly create a lot of faith....
I don't expect him to broadcast every time he supposedly meets a BIG PLAYER, but he has proven, time and again, that his expectations and timeframe is wildly inaccurate. He certainly can control that.....
My guess is most of the stock is owned by people whom financed the company. The only transactions are of those of the vendors/consultants, trying to get something for the shares they were issued as payment....remember ECSL has very little cash, and pays debts with shares....
The additive has produced very little revenue over the years, so I'm not sure why mgmt. thinks that creating a fuel will help???? There is nothing revolutionary or new about a methanol fuel/tech. Anyone can mix gas, methanol, and an additive. If this was earth shattering business, someone would have already done it...just another pig with lipstick.
The fuel business is a very low margin business, unless you control all aspects of production - which ECSL does not, you need volume - which ECSL has proven otherwise. 3mm gallons by Nov 2016....how about zero gallons by March 2017...
this is IMO.
maybe... no imminent news. no revenues (well at least until November - according to some).
No one can even explain how the fuel is produced....
ECSL only makes an additive. If the additive is 1% of the fuel blend, how much revs are they really going to generate... shoot, it may be less then we thought....I could be entirely wrong, but there is no one to claim otherwise.
Someone please explain???
Can you please enlighten us how ECSL is producing the fuel? Are they buying the other inputs wholesale, or only providing the additive?
That's a good question. If I may quote the man himself, "Sales projections for EcoFlex 96(tm) are expected to exceed 3 million gallons per month by the end of November 2016."
That clearly hasn't happened thru March 2017...
I think that any revenue over 400k would show that gas is pumping. Hopefully they will break out the revs in the annuals. I'm not privy to their distribution/supplier agreements. Is ECSL purchasing wholesale fuel/methanol and blending with the additive? Is ecsl only providing the additive in the blend....obviously there is more margin/revenues if your providing the entire fuel, instead of just one portion.....maybe someone with more knowledge can speak to that.
Let's just assume ECSL is realizing the entire fuel blend. If they did 500k gallons for the entire quarter(many more liters for a friends to the north). Revenues might be $750k? You would also need to know how many stations are pumping.....that's the most important variable....
Based on all the chatter...if revs are less then $500k ( $900k annually). Then they have proven they can't build anything. The venture is a complete and utter failure.....imo