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Na. That's just TD for you. I use TD Ameritrade and their bid/ask/l2 is always jacked up on these OTC and Pinks. Create a new account with Etrade and do not fund it and you'll be able to access their Etrade Pro platform for free for the next quarter. Remember not to fund it. Their L2/Scanner are much more in depth and easier to use. That's where my L2/News/Chart screen shots come from
can I get an Ask Slap up in here?
Aaaasssskkkk Slllaaaaapppppp
Bid slowly increasing. at .017 now
Hmm....I've sent two emails from the site this and last week and haven't heard back. Hopefully the answer me soon. Can you at least post an excerpt from the email, something, to show you actually received it? Maybe the email address it was sent from?
So who was the lucky one to pick up those .016 shares?
Trade just went through at .02
what? it's there. give it a minute to load as it's a large screenshot
I'm just saying, don't get caught holding
"We are currently not aware of any legal proceedings or claims that we believe will have, individually or in the aggregate, a material adverse affect on our business, financial condition or operating results."
From Nov. 24, 2009 10-Q
From 2007 letter to Dr. Daniel D. Correa
Excerpt: "During our extensive studies MVPC came upon the Inca Block option. This is an interlocking self stacking, no mortar, concrete building block which opens up many new possibilities. The benefit of a noncombustible building for less cost than the predominant wood frame buildings cannot be ignored."
http://www.incablock.com/documents/vmpc_incablock_022807.pdf
Info pulled from last 10-Q filed Nov. 24th
NOTE 1-
ORGANIZATION AND BASIS OF PRESENTATION (CONTINUED)
TECHNOLOGY
The Company owns a proprietary technology known as INCABLOCK™ Construction System to establish a business that specializes in pre-manufactured houses, as well as commercial and industrial structures. These opportunities will be offered through strategic joint ventures and licensing for manufacturing and or marketing. The Company intends to focus first in Mexico, followed by the USA and subsequently other countries.
OVERVIEW
The Company owns a unique intellectual property (the Patent) for the production of Concrete Interlocking Modular Blocks System, which can be safely and efficiently assembled without any mortar. The Company initially intends to generate revenue through licensing opportunities whereby a license will develop a plant for the production of the block and will in turn market prefabricated buildings using the technology covered under the Patent. The Company intends to design, develop, and construct dignified, financially sound and decent housing units by employing an innovative, profitable and environmentally sound new construction technology.
Further, the Company will license the INCABLOCK™ technology internationally, to provide a strong, innovative construction system with which to construct housing developments and commercial buildings, e.g. warehouses, hangars, etc. The joint venture opportunities will include royalty arrangements, and percentage of ownership in exchange for the transfer of the technology.
THE PATENT AND TRADEMARK
A patent application was submitted to the United States Patent and Trademark Office on September 18, 2000 and subsequently an improvement filing was made in 2003. The inventors are Mr. Daniel D. Correa and Mr. Lorenzo Correa. The Patent letter was granted on December 11, 2007 with the Patent No. 7,305,803 with an expiration date of May 16, 2025. The Patent was subsequently assigned to INCA. Trademark applications were filed on April 3, 2008 (serial No. 77/439,024) for INCABLOCK™.
MARKETING
The market for factory-built housing is affected by a number of factors, including the availability, cost and credit underwriting standards of consumer financing, consumer confidence, employment levels, general housing market and other economic conditions and the overall affordability of factory-built housing versus other forms of housing. In addition, demographic trends such as changes in population growth and competition affect demand for housing products. Interest rates and the availability of financing also influence the affordability of factory-built housing.
The Company believes the segment of the housing market in which manufactured housing is most competitive includes consumers located in developing countries and lower class consumerism in the United States. The comparatively low cost of manufactured homes attracts these consumers. People in rural areas, where fewer housing alternatives exist, and those who presently live in factory-built homes, also make up a significant portion of the demand for new factory-built housing.
The Company intends to offer licenses for manufacturing to established block manufacturers, new start up and interested companies that will like to ad manufacturing of blocks as part of their own expansion program, such as contractors, developers and others.
Additionally, the Company will offer the licensing of the Company technology for the implementation and construction of all inclusive manufacturing facilities, including the use of the INCABLOCK™ Construction System and roofing structure manufacturing, use for the sale of “KIT” housing and or commercial buildings, to companies in the industry, or turn key opportunities.
In the past, a number of factors have restricted demand for factory-built housing, including in some cases, less-favorable financing terms compared to site-built housing, the effects of restrictive zoning on the availability of certain locations for home placement and, in some cases, an unfavorable public image. Certain of these adverse factors have lessened considerably in recent years with the improved quality and appearance of factory-built housing.
NOTE 2-
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
a.
Development Stage Company
The Company is considered to be in the development stage as defined in ASC 915 . The Company has devoted substantially all of its efforts to business planning and development. Additionally, the Company has allocated a substantial portion of their time and investment in bringing their services to the market and the raising of capital.
NOTE 4-
INTANGIBLE ASSETS
On September 18, 2000, a patent application was submitted with the United States Patent and Trademark Office and subsequently an improvement filing was made in 2003 by the inventors of the Inca Block system, Mr. Daniel D. Correa and Mr. Lorenzo Correa. The patent letter was granted on December 11, 2007 with Patent No. 7,305,803 with an expiration date of May 16, 2025. The Patent was subsequently assigned to INCA. Trademark applications were filed on April 3, 2008 (serial No. 77/439,024) for INCABLOCK.
The Company as part of the Assignment Agreement entered into on October 30, 2008, acquired the Patent in exchange for the 20,000,000 shares of common stock they issued on December 31, 2008. The Company’s common stock had a fair value of $.14 per share on this date, and as a result, the Company valued the Patent at $2,800,000. The Patent has an estimated useful life of 16 years and will be amortized commencing January 1, 2009. In addition, the Company will perform annual impairment tests for all of its long-lived assets including the Patent.
30K share ask slap at the end
Bid
1 @ .015
3 @ .01
ASK
1 @ .02
1 @ .024
2 @ .026
1 @ .03
1 @ .51
Only been one dump today and we know who that was from this board. Hold strong for news/10-K and we'll surely see this run
The price might look good, but the company sure doesn't. www.zippi.com
This could be the reason for the 10-K delay.....I'll try to contact the company and ask some questions if I get enough free time to call.
Acceptance of Registered Agent - 4/14/2010
Reinstatement - 4/14/2010
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=x4hoq8QMSdw8nrqBDmp5yg%253d%253d&CorpName=ECO+GLOBAL+CORPORATION
Dixie Homes website
http://www.dixiehomesandstorage.com/
It has been indicated by Dixie Homes that the size of this order will be approximately 490,000 square feet of kits.
Eco Global has agreed to deliver the kits at a cost of $15 per square foot. By using this calculation, the value of this Kit order is $7,350,000 US. Shipments are schedule to begin in 60 days.
SPRING VALLEY, CA--(Marketwire - April 6, 2010) - Daniel Correa, President announced today that Eco Global Corporation (OTCBB: ECOG) will issue a company owned license to a large Southern California block manufacturer to produce the patented Inca Blocks in order for Eco Global to meet projected demands.
Last month, the company announced the "Flex Designed House" and the "Eco House" for construction in the Mexico mainland and for Baja California. This new design has introduced to builders a more effective way to satisfy the high demands coming from the Government Housing Programs offered in Mexico and other developing nations. The Company wanted to demonstrate to certain builders its ability to deliver large scale production with a consistent high quality of product for developers.
Additional interest is now coming from the fact that Eco Global is now offering its "Flex House" as a kit that can be delivered to proposed housing sites. The "Flex House Kit" will offer construction components composed as an inclusive package for a single pre manufactured house. The wall and roof system along with the door and window frames, electrical and plumbing components, and the toilets and sinks, are just some of the key parts that can be shipped directly to the building site. Eco Global's "Inca block™" will speed up construction time, thus allowing the builder to use more non-specialized labor, similar to an assembly line, on site.
Using the kit house concept provides another advantage for the company in that excellent profit margins are made regardless of the number of houses sold. Margins are calculated at the plant, not at the site. The strength, cost, and ease of construction make the kit house an attractive product.
The Company will soon announce its results in its negotiations to sell, and joint venture, licenses to strategically located developers and block manufacturers around the country. Eco Global will identify new market areas and continue to promote its "Flex Design" and "Eco House."
About Eco Global Corporation
To exemplify the practicality of INCABLOCK-based housing, Eco Global has built several model homes in varying configurations for the Mexican market and government programs. This effort has positioned the company to finalize an agreement calling for the building of a large number of affordable INCABLOCK homes in Mexico. To facilitate large low cost developments, Eco Global has created a turnkey program that includes all the elements needed for a successful operation anywhere in the world: the licensing for manufacturing INCABLOCKS on site, all the necessary equipment, and complete set up procedures, specification software, factory training, and on-call field support. Under the right circumstances, Eco Global will also consider joint venture partnerships with developers.
In addition to the United States, Mexico, and Canada, Eco Global has qualified serious interest in developing major projects by private and governmental concerns in Qatar, Jordan, Haiti, Brazil, Peru, Costa Rica, Panama, Venezuela, Spain, Iraq, UAE, Saudi Arabia, Libya, Ukraine, Russia, Mongolia, and more to be announced soon. These countries, and countless others, are facing huge deficits in available housing.
Eco Global to begin preparations to deliver up to 700 KIT houses
Average House size: 700 SF
Average square footage: 490,000 SF
Price per SF: $15.00
Approximate Value of order: $7,350,000
Eco Global to arrange for the following:
Blocks with electrical boxes assembly
Framing for doors and windows
Roofing Structure manufacturing:
1.Concrete Joists
2.Polystyrene Block panels
Targeted profit margin: 20%
Etrade Pro. You need to type in ECOGE.
ETMM and NITE on bid support at .02
I'll try and do some digging and see if I can find a location. They have some photos in the ibox
2 MMs at .02 now
I'll do my best.
Thanks bullishtrade
.02 x .023
And another day begins
Interesting tidbit. The auditor service that ECOG uses has one other client listed, PROT
http://www.otcmarkets.com/pink/otcguide/issuers_service_providers.jsp?index=AD&id=1800
Look at the chart for that company.
http://stockcharts.com/h-sc/ui?s=prot
Anyone care to call about the 10-K?
CEO
Daniel Correa
619-550-2396
Taken from NT 10-K
thanks for clearing that up. Wasn't sure.....maybe it was just wishful thinking, lol. Anyways, this company seems to be a good one
Is it business days or calendar days? Wasn't sure
They have by tomorrow, I believe, to turn in the 10-K. 15 business days from their NT 10-K, which was filed on March 31st. The 15th day should be tomorrow.
Just got off the phone with Transfer Agent. Current Outstanding shares are right around 110 Million....lol...just like the ibox says. They wouldn't give out the float.
Nova Energy, Inc. Announces Closing $1.2 Million Secured Investment Commitment to Fund Oil Reclamation Business Strategy and Eas
DALLAS, TX -- (Marketwire)
04/20/10
Nova Energy, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) today announced closing a $1.2 million secured investment commitment to fund its oil reclamation business strategy and East African business plan expansion. The Company filed an information disclosure statement yesterday with the details of the secured investment agreement.
On Friday, April 16th, Nova released a Webcast presenting the latest details on the Company's developments in East Africa. Earlier this year, Nova launched an updated corporate strategy to pursue several business lines in the growing economy of East Africa, to include technology systems integration, mobile money remittance, and housing and health products initiatives. The Webcast was conducted from Nairobi, Kenya by interim CEO Philip Verges and includes an overview of Nova's partnerships through the NewMarket Technology, Inc. (PINKSHEETS: NWMT) Greenfield Program with NuMobile, Inc. (OTCBB: NUBL) and China Crescent Enterprises, Inc. (OTCBB: CCTR). The Webcast is available on Nova's corporate website, www.novaei.com, under News and Events or directly at http://www.novaei.com/wcea_41610.html.
Separately, Nova released news recently on a letter of intent executed in regard to the pending purchase of an oil drilling asset. Nova anticipates closing the acquisition within the next 10 days.
Nova Energy Email Updates
It's the news alert on ihub now. They have it.
Nice ask slap at .0249.
I read it in my Etrade Pro Platform. We have a small community on skype also if anyone is interested, PM me
Waaaa, lol. i did not hear that. And this second news link about closing the 1.2 Mil deal is more pormising.