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Joe04....ECOS cannot get 'involved' in running this stock...they can't risk getting suspended, like all the other pump and dumps, and ruin all hope of becoming a 'legit' company in a year or two.
GLTY and JMO
"remember just like your weed from the corner store... demand being higher than supply... prices go UP UP UP"
Your analogy of ECOS to a drug dealer is a good one except when you get to the supply issue?
Neither LRS nor the Market Makers print and sell ECOS shares, only ECOLOLCAP SOLUTIONS INC can do that. As of Dec. 31, ECOLOCAP had issued 7,673,338,551 shares in 2017. In Ocrober, ECOS authorized another 15 Billion shares be made available to sell. 14 billion of those remained 'unsold' as of Dec 31. The SUPPLY for 2018 has doubled from what it was in 2017, so to suggest the share price will go up, up, up due to a lack of supply is a real stretch IMO.
From the T/A 12/31/2017
Authorized: 25,000,000,000
Issued: 10,922,711,549
Restricted: 3,656,163,543
From the T/A - 12/30/2016:
Authorized: 10,000,000,000
Issued: 3,249,372,998
Restricted: 3,115,063,534
ECOS is less 'investable' or 'runable' than it was on 12/30/2016 IMO.
GLTY and JMO
Doesn't hurt when the head of the lending company is father to the CEO of the borrowing company either..
I think you're confused...Fife (Tonaquint) and Kwak junior (Hanscom K) are not related LOL.
And IHUB is for traders, not investors lol.
Well, you have to admit, that Neah, since it's inception, has never failed to disappoint it's shareholders by year's end.
GLTA and JMO.
"They help us out for free hahah"
BTW did you notice the ECOS switch from toxic funding to conventional LOL?
http://ih.advfn.com/p.php?pid=nmona&article=76356963
Just trying to make friends! Little else here?
ECOS is number 1 on the breakdown boards.
So where's any proof it has anything to do with ECOS or by-product sales?
LMFAO
"Maybe you'll take the time to notice the new transport containers that are located on google maps... but nawww lets not spill the beans yet."
Part of the contract spelled out that ECOS/BioArt was to supply all the transport containers to move the by-product away from the LRS sites to a central location for sales and distribution. LRS gets reimbursed for the expense of hauling it and ECOS/BioArt LLC has to sell, bag and distribute the by-product. LRS was not to 'house' that operation nor have responsibility for it?
So much for your 'speculation'. Read and comprehend the contracts.
Real DD does not come from people's 'feelings' as stated on a message board. If and when ECOS and LRS jointly announce the purchase of more machines, everyone will know the number at the same time.
GLTY and JMO
No. if I was "trying" to say that, I would have?
Read the JV contract...all ECOS income from machines sales must remain in the JV (as ECOS's capital contribution) until after the first 8 machines are purchssed through the JV. That means no cash flow for ECOS from machines for quite awhile? The margin on the machines is only about $200,000 and that has to be split 50/50 with LRS. The ECOS gross on each machines is around $100,000?
Don't expect much in cash flow for 2017? 2018 JV profits won't even be calculated until Jan 2019.
GLTY and JMO
All responsibility for by-product sales go through the ECOS/BIOArt LLC, not LRS or ECOS. Only after the NET PROFITS are calculated as of the end of each year are they distributed to the Partners (40% to ECOS and 60% to LRS after all expenses).
I thought you were aware of that, but I guess I was wrong again LOL.
Got to think heading in the right direction, getting the financials current then having some LRS sales hit the books will yeild some positive results for ECOS. Two of the three have happened.
Exactly what "LRS sales" are you thinking will hit the ECOS books?
ArchTech...The ECOS trading ban from 2015 is still active and if you live in Quebec you will have to open a account with a US broker to buy it (until ECOS takes the steps needed to lift the ban).
GLTY
https://cto-iov.csa-acvm.ca/SearchArticles.asp?Instance=101&Form=1&Names1=Ecolocap+Solutions+Inc.%0d%0a&XSL=SearchArticlesCompany
Exactly!
Roger Ponder has resigned as a director of Icld, Intercloud, the firm SGSIF (that was MVTG at the time) bought the revenue producing part of SGSI/MVTG from. Roger Ponder is the CEO of SGIF and one of 2 directors.
But wouldn't Ponder, as a director, have known all along that ICLD was nothing but a share selling scam?
BR's wife may be unloading as part of the divorce?
Have you ever seen a penny stock that did not have 'potential' LOL?
I'm unaware though of a single penny in the last 20 years that actually reached their potential by using convertible debentures (death spiral) to finance their operations, like ECOS has?
GLTY and JMO
"ECOS is getting current and reducing debt, keep the faith!!"
ECOS will not be current until they supply the SEC with an audited 10-K for 2016? "The market' is aware of that problem.
GLTY and JMO
"maybe LRS wants to see ECOS current before they formally announce anything"
LRS buys all it's digesters through ECOS/BIOArt LLC (a private company), not ECOLOCAP (ECOS). LRS likely could care less if ECOLOCAP is current or not with their filings and obligations to shareholders?
Yes, LRS has said they like the digester, and will likely order 2 or 3 more to be installed, 'and operstional' by March 31, 2018 (My guess is that will be announced before the end of this month and will create another opportunity for Fife to unload millions more shares by converting interest still compounding on the original notes (which ECOS defaulted on in late 2014).
The original BIO/ART agreement called for a 90 day delivery and installation period for more machines.
GLTY and JMO
Still listed as a "delinquent filer".
https://www.otcmarkets.com/stock/ECOS/filings
Q's don't have to be audited...10-Ks do...still waiting on the revised (and audited) 2016 10-K Malone Bailey bailed on?
"Do you really believe with ECOS being one quarter away from being compliant and the arrangement with LRS there truly is that risk?"
What's hard to believe about ECOS being a delinquent filer (3 years) with non-disclosure issues? Do you think I made that up?
Do you think I'm the one that put the STOP SIGN on the OTCMarkets web site?
"VNDM is likely fronting for the Fife short. Yesterdays events gave him another window to convert into and sell ecos shares."
Yep, every news event for the next year will likely be used for the same purpose. Coverts are always first in line. Being delinquent and non-compliant, ECOS would be foolish to even try to promote a 'run' with the SEC looking for justifications for suspending trading?
GLTA and JMO
"They need to earn $1.3m just to cover salaries and other operating expense."
And all of the net earnings (right now) have to pass through the ECOS/BioArt LLC before ECOS ever gets even 40%?
Common shareholders are always at the bottom of the totem pole with the most options of being wiped out.
GLTA and JMO
"The real income for the quarter is a loss of $300k which is more or less their negative cash flow for the period." https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136990954
Ask your accountant.
Read the contract...only references a 110 day 'rejection period'.
From the 10-Q ending June 30, 2017:
LOL...no sales at all in the first six months of 2017?
Your net income numbers seem to be way off?
"Wow 7 milly was more than I was expecting."
Yes, an amazing feat considering there were no sales LOL.
From the 10-Q
What does any of that information have to do with the management or future operations of ECOLOCAP??? Wrong Board?
it doesn't say that LRS is looking for morning pancakes but i can assure you they love pancakes too
And you don't have a clue whether LRS loves pancakes or not?... And who cares if they do or don't?...It's about the number of pancakes one can buy with a share of ECOS no-bid stock..LOL.
GLTY and JMO
Convertable note holders always like to get paid and enabling the scam is one of the best way to do that LOL.
JMO
"LRS will gladly pay 10 mil for a product that can have rvenues and income of over 5-10 mil per machine per year."
You don't have a clue about what LRS will or will not do and I pity anyone who is foolish enough to invest in ECOS based on such fantasy nonsense.
GLTA and JMO
Excellent post...should put an end to the lengthy nonsense regurgitations from 'consultants' likely being payed with free trading shares.
GLTY and JMO.
"Won’t know until you hit sell"
How does retail sell a no-bid stock??
That STOP SIGN on the OTCMarkets site must have been real after all?
that beautiful brown mountain was not there before.
Could also mean that the compost is not selling well yet??
"We are officially in the WASH Cycle."
I wonder if Ponder will honor all of Larry's old 'consultant' agreements exchanging shares for promoting MVTG's 'potential'? I can't remember anyone ever succeeding in trying to 'run' a penny service company's stock??
GLYALL and JMO
"Information and peace of mind is only a phone call away."
DS...What was the final result of this phone exchange ("peace of mind" wise)???
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136481446
Just curious?