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ECCI just increased their shares to 10B - sounds familar?
Give us the link
I have never said the company is a scam. I am saying Jared is not representing it truthfully on what they can do and where they are now. He has over hyped everything from what it really is. He is not truthful on the state of the company. This is not a company that is in prime time yet. He is also implying things that are not true thru his IR guy. Like Hanbool is a sub of Dow because it is on the letter head. That is really bad.
I think you nailed it.
Why to you believe everything Jared says without questioning it. You are starting to show too much bias as a chief board moderator. He has a credibility problem and the only why to change it is to show some signed documents that can have parts blocked out. I have to say I have never seen a board mod be such a cheerleader and believe every word the co. puts out. It is sad to see a mod do that.
The chart sure seems to support what you are saying. Didn't Jared say on the video cc that the company was not selling shares??? So how is he going to explain the 300M sale
Where is a copy of the signed contract for us to see with the blacked out prices?? So you believe Jared's word without proof??
If I was betting guy I would bet the offer was for 4-5 cents and he hyped it to .10 like it appears on everything so far.
McDonalds thing - big it is a start.
Now Jared is hustling to get the offer to .10 cents and is shopping around that is why he is flying all over the place to try and get sales. I think there is product and a company but they have promised more than they can deliver.
Questions like is the odor remediation product done in an air or non air environment, does it breakdown the out gases into non methane & CO2. Do you have the data to some the results so you can sell it as a GHG reducing product
All you get is we have to ask Jared.
True but you bring in your technical and their technical cannot even answer basic questions so i have my concerns.
I agree with you when GM files for bankruptcy then the markets will really sell off. It will finally hit that they employ a lot of people and effect the economy.
I have asked for basic sales infor for my friend to sell their product in China after signing papers with them. Mark Murphy is a nice guy but he cannot answer any basic questions on the products and processes. I serious question his background of a technical person. I believe it is a religious background. I have talked & dealt with 100s and 100s of engineers and I do not get the answers to questions that are basic that someone with a technical background should be able to answer. They all have to go to Jared to get anything answered. Hell of away to run a company. An Jared has the background to answer technical questions - thats a joke. These guys would be torn to shreads in front of a Fortune 500 company.
With new management. They do not have the team in place to take it to the next level. They have no data & presentation. No one can answer basic questions that the customer would ask. No way they are prepared to call on Fortune 500 companies they would ask this basis questions and have them smell the 5 gallon bucket of sh-- after they put their enzymes in it. Real professional - So a management change has to done to grow this company. Management that does not hype everything - management that delivers on what they say does not play games. So if they get bought out I hope they clean house.
I do not believe it is scam. It is a small business that has been over hyped. Jared has over promised and has not delivered on his promises.
News over rules the technicals - i agree with that - so why are we not trading near .10.
So technicals are ruling because the market no longers believes anything Jared says.
I say he has been selling by looking at the chart.
Do you believe this or do you believe it gives them more time to dump shares. Look at the chart all red - means selling & dilution.
I have been saying they might steal Jared's formulas while negotiating a buyout - they might just need more time to do.
Like paying off someone. I worked for an Asian company we had a guy pay cash to steal a prototype from are competitors that was winning the business. The Asians will play dirty. We knew every move after that payoff.
If yo are an investor you should care. First you need to know the conversion rate and then the voting rights. If you do not care the company might not every get bought out due to the structure. I am sure a Dow would not buy it if it had a poison pill setup.
Ya like he stated in the video conference call that the co. was not selling shares and then in the last PR we have 2B shares the buyout is for.
So how is the prefered shares structured?? If they want o be so transparent ty would tell use.
Great post. Certain people get special treatment by the IR person which is interesting. They say they want to be transparent well they need to tell us the structure of the company - the number of shares, the preferred share structure and if they have been sold. We will only find this out when the lawsuits start flying.
You got it.
Think what you want but these guys have lost the trust of the smart shareholders. Time will tell. How many CEOs today are honest in America???
Time will tell. This business is questionable everything has been talk nothing is verifiable. It is interesting they fly all over the world to do business reason - it is hard to verify if it is true. We will see. 136M from 9m in one yr???
When their people say that the 3rd & 4th qtr is when the real growth is. Most of it is from WowGreen they tell me. Seems like Allie has had to reduce prices and shipping cost. Still refining the model that expected but Allie is not out there making up PRs and predictions and etc. Allie is a lot smarter than Jared. Allie has a proven record Jared still does not have one and the more PRs he puts out and cannot met the less likely he will have any trust. Allie has the trust of the people he earned it. Time will tell. I also hear that lawsuit from Belmont is significant.
I forgot to add in other post the Koreans I would say are a lot smarter than Jared's team they have age on their side and I believe they have this all covered and this is why Jared is shoppint the co. around his ego is now getting in the way. The Asians are really smart when it comes to business they are cheap too that why they can produce cheap products. Time will tell. I bet no other co. will touch Jared now. No major co will thats my bet. I might be wrong but Jared has boxed himself into a closer. If he turns the 10 cents down and liar about the other stuff the lawsuits will start. I am telling Jared is not as smart as you guys think he is he is just a kid like Mark when up against the Koreans. Experience not egos always win. Mark my word.
Your right but he might have negotiated it away in the offer or it is part of the offer if he accepts.The problem is we do not know but I am sure the Koreans have this covered if they were to buy out the company. You have to understand trust and honor are the most important part of the Asian culture. They are smart enogh to know that they have to have control to do this. This might be the major reason Jared is shopping the company around. He is saying for more money but he really wants to still be in control. I would bet this is the main reason he is looking for another company. Why is he hussling to go everywhere for more business he is trying to prove they need him and his team. I think the Koreans hve made their mind up to throw him out and his team if they take control. It might be close on who has control but definitely he he is going against the agreement they will throw him out. Looks like he will find out they had the best offer. Usually the first offer is the best. We will see but the delay is his ego to stay involved and the Koreans don't want him that is my take. Allie is the key now.
Looks like Mr. Bigstaff has reported him to the Feds.
It looks to be that this buy out has been planned since the first of the yr. I looked and penciled in the amount of shares traded since 3/9 looks like over a 1.0B. The majority of them were sells. I guess 80% or more were sells. So at least 800M shares have been bought by someone and it has to be the buyout grp. To sell that many shares and have the price say in the 1.5-2.0 range you have to have a buyer. Looks to me they have an agreement to hold the price here well the stk was being bought by the buyout grp. I think they own now 800M or more shares. Someone on this board pointed out that the Korean grp is having their friend, business partners and others buy the shares. So if they spend 20M so far this is cheap way to get into the US market to sell their chemicals. I bet this is away to enter the market through a US co. It is a lot easier for the Koreans to do this since their reputation is not as good as the Japanese in this country. It is a smart way. The question is how many preferred shares jared has and has he been dumping them into the market?? I think he has along with the 300M. The question is does this grp own enough shares to control the co. I believe they are close. The other question Allie's shares and how is he handling them. I think he has at least 300M. So he could be the key pivotial person to sway the control of this company. There is a power struggle going I believe now for the control of the company or it will happen soon. My bet is the Koreans win and Jared will be out the door with Mark that is probably why they need more time to sell more of their shares along with Craig. This is what I think is coming when you are put against the wall people change and I think Jared has chaged in the last 30 days because he is losing control of the company. The Koreans are tough business people and they will win because they are more experinced than Jareds team. They are probably reading this board and they are laughing at how well the game is playing out for them while Jared keeps making more mistakes. The first is legal action. If they have control they can easily throw Jared out and his gang. Just watch and see they are loving what is going on jared is playing right into their game. Any misconduct is grounds to throw out a management team and I think they are close to having control. The key is where is Allie. I believe he is the key to throw the control to one side or the other.
So are you saying Jared is the next Baker for business???
There are no dumb old farm boys. My dad was a pediatrician in St. Louis and took care of some of the farmers in the bottm lands now Earth City. So I got to we with them growing up hunting and hanging around. So I know there are no dumb farmers if they are still in busiess today. The trust is number one and I think Jard has lost it with the shareholders. We can go back an forth and look at each word but he has put things in writing and said on his video conference call that point to and insinuate that it is a large corporation that is with a well known name that would move the stk price. I am not a laywer but my friends have told me that it is implied intent that matters in a court of law and with all of his statements, PRs, and CC - videos especially they say he is not putting himself in a good position. This is pure stock manipulation according to my lawyer friends. I am not saying this but friends I know are saying it. Jared better find himself a house down there if he does not come through with what he says. Mr. Bigstaff supposedly has contacted the proper people to investigate these actions. If he has a friend in FINRA then they will investigate Jared. Jared will have to see if Mr. B does have a friend. My guess is Mr.B is either Bill or someone that knows what is going on in EESO. He seems to be right on everything he has posted so far. You have to remember to get to the top you make a lot of enemies. You make more if you are dishonest and screw people going to the top. Mr. B seems to fit this description. Keep listening to him he knows things we do not.
Also Allie is a successful business man that knows to succeed you need to have a good reputation and have to associated with that type of people. I have really noticed he has really separated himself from EESO. Maybe he does not like what he is with EESO??
Look at the pictures of Craig and look at his eyes they always look red - does he has some eye disease???
Hey I saw you stated you were on the road yesterday in merrilville was that IN?? off of I65 to Chicago??
Trust is gone and I doubt Jared is negotiating with a Fortune 500 because they have to trust you and if you say what they have in public they will not deal with you. Sad but I think this co. could be big down the road but they are operating it just like a pinkie now. Hey can you PM me with your email so we can talk more. I cannot PM. or email me a gibber12003@yahoo.com. I here you have been talking to one of the knowledgeable goes here by PM.
Good pt. I think he is more interested in himself not the shareholders. If he cared he would have come through with what he said he would. Or he has a perception problem with what is a large household name corporation.
Let me tell you something from yrs of living. I have negotiated with the largest Fortune 500 companies first off if you even let a word out to the public about your dealings with them they will never trust you again and will probably stop dealing with you. If they do a deal they will probably never do another deal because they cannot trust you. The problem is trust. The trust between the shareholders has lost.
He and his IR person stated they would release the name of who they were negotiating with and it would be a big co. and well known and etc. Well I think I read the PR and it did not say that. It stated something like the Lee's and their friends and family were the ones that made the offer. Now it comes up that the second offer is from a well known co. So right there Jared has lost the trust of the shareholders. Wong SE Song or any other Korean name is not a hosuehold name or a large co. If it was Samsung or LG I could buy it then.
You have to remember in business dealings you do not get respect you earn it. When you do that you earn trust right now the trust is gone and I doubt Jared has trust with who he is dealing with if he has not been honest with the shareholders. You know the SEC, companies and a lot of people read these boards. I am sure the prospect buyer if it is true is reading these boards so why is it that Mark is trying to control them?? The simplest way to control the boards is to be honest and deliver on what you say to your shareholders.
So the prospective buyers if there are any are reading these boards and they are going to see if Jared treats them like he is treating the shareholders in an honest and trusting manner.
These guys have dug themselves a big hole and instead of coming clean they are just digging it deeper by not coming thru with what they say they would and telling more promises that I question they can meet. If you tell GE you are going to do something you better do it are else you will not be doing business with them shortly. The problem is these guys lack the needed experience to deal with Fortune 500 companies. Trust is the number 1 quality you have to have with them
He will not fire Mark because he is his friend.
You believe every word they release???
We still have not heard from Craig on his sales or is he just a promoter of the co.?? It has become obivious they do not know how to sell in China. Requested needed info and data to have a friend set it up not interested just want you to fill a 5 gallon bucket of sh--t and dump the enzymes in and have the Chinese gov't smell it and get the sales. Unfortunatley the Chinese and their gov't is very sophisticated in how they let suppliers in and who they let approach the different gov't agencies. A good old boy that drinks a lot and buys drinks does not work in China.
Due you really think they can hit those numbers. I find it interesting that the 1st qtr sales are not out we have been told all about this buyout when #s are due if you want to be a complying co for a listed company. I bet we will not see better than 15m for this last qtr. The co. is betting the farm on huge numbers for the 3rd & 4th qtr to hit those numbers Jared stated. I believe they have promised a little more than they might be able to deliver. If 15m for 1 qtr plus last yrs 9m - we have a co. with an anual sales rate of around 20M. The valuation of a co. is 5 times sales so this co. is worth 100M max at this time so to turn down 200M might have been a bad move???
It is my understanding that companies like McDonald's and other Fortune 500 companies have testing/safety procedures that a supplier has to go through first to be approved before your product is allowed to be sold to their different locations, franchises and etc. On top of that a National and Global price is negotiated. When it comes to chemicals and cleaning products I am sure there is no short cut to this. An individual franchise can probably buy somethings on the side but to promote it as an approved McDonald product I highly question they can do that.
People I have asked many times for information to sell EESO product in China through my friend Cherry who was born and raised in China and has a very successful business here in the States. She is negotiating the approval of a two stroke engine from a major US manufacturer to be certified and sold in China.
We have been trying to get the needed information from the company to show how ESSO is different and better than their competitors. You have to have your product approved first by a special gov't agency before they will let you into the needed Environmental Gov't Agencies. We have never recieved the needed information. Cherry is expert on how to do business in China. Unfortunately below is what I have recieved from Mark.
All should read it and make draw your own opinions on where ESSO is with their business plan. You should ask the question are they really where they say they are??
--- On Fri, 5/15/09, Mark B. Newbauer <mark@enzymeconsultants.com> wrote:
From: Mark B. Newbauer <mark@enzymeconsultants.com>
Subject: Michael Gibstine/EESO
To: "Michael Gibstine" <gibber12003@yahoo.com>, "Mark Murphy" <murph@enzymeconsultants.com>
Date: Friday, May 15, 2009, 2:17 PM
Murph/Michael-- I'm writing both of you because I've seen quite a few negative postings from Michael on IHUB- Michael- you are completely entitled to your opinion and I encourage you to do with it what you will; however, I can't say I feel comfortable with someone who is asking the company for testing kits/marketing tools on one side of the coin, then downing the company on internet message boards on the other. I see a lot of potential with the contacts you've offered, but feel it my duty to bring this to Mark Murphy's attention being that we need a strong sales force that believes in EESO and its mission-- If you don't -again- you are entitled, but I don't think it's the type of personality we want representing us to agencies, buyers and the like. Hopefullly, if Murph feels it appropriate, you two can discuss constructively if this is a good fit moving forward or not.
Best,
--
Mark B. Newbauer
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