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I already look like a cabbage, so I don't really care what I might look like to others. Not quite as green though lol.
Thanks for worrying about me.
And my pappy always said, companies headed nowhere, always get there!
"Ecos is the US distributor for the digester in the USA".
Thanks deal-guy...don't you find it somewhat strange they've never filed an 8-k regarding the distributorship, all the time implying they owned the patents?... Patents are better to sell shares with I guess?
I wonder if they just changed the name of the old MBK (Micro Bubble Korea to Ecolocap Korea? I noticed the $250,000 account receivable on the books from MBK finally went poof too?
GLTY and JMO
Do you know the difference between a legal document and a poster on a wall??
GLTY and JMO
"Ecos is the official and only distributor of the fermenter in the USA."
How about a copy of a legal document that supports your statement? This sounds like a fairly big deal for pinky ECOS? Must be some legal documents somewhere? (other than posts on a message board lol)
Is it just for Chicago, or for the entire USA?
This is not the board of a family owned corporation?? This is the ECOS board...we are looking for a distribution agreement between ECOS and the KOREAN company who owns the technology, and which gives ECOS the legal right to re-sell their equipment to ECOS/BIO-Art LLC, which in turn sells it to LRS (and/or other customers). DUH!
Shareholders want FACTS from ECOS...where's the definitive agreement 8-k for exclusive distribution rights for whatever territory it covers? Is it on file now with the SEC? You claimed the wholes USA yesterday?... but then you do tend to make-up your own facts to support your own arguments?
There must be an agreement in writing somewhere signed by both parties for something like this with such a high impact on the decision to invest in ECOS? I'm sure the SEC would agree.
Have you checked with ECOS?
So shareholders do not own any of the IP (or any US patent applications) as has been argued over and over on this board, in spite of the fact that the financials showed no assets owned by ECOS...Is this not a fair statement of the last 9 months?
ECOS has also 'implied' in their public materials, that they had PATENTS?
Who's cares about a conversation "last night" LOLOLOL.
People want to know what they are getting with their ECOS stock? Is it just a donation to help save the planet?
Please supply some documentation for your new found 'Distribution Agreement'.
At least the constant 9 month nonsense about ECOS owning the technology, patents and other IP for the digesters has been exposed as fake news...if they owned all the patents and had patent protection, why would they have to sign an exclusive distribution agreement for it (with themselves?) LOLOLOL
Next comes the 'documentation' for for the supposed distribution agreement...this should be fun!
LRS has no 'accountability' of any kind to ECOS shareholders.
Yes and if I were a big shareholder like you, I would be very concerned as to why ECOS has never filed a definitive agreement 8-k or any other information regarding what type of sales or distribution agreement it 'supposedly' has with the Korean company...I've been pointing that out for 7 months. It could be just an exclusive for the LRS Chicago territory as set out in their agreement?
I think shareholders should be livid that ECOS has not furnished that information while all the time dumping 5.4 billion shares...those are the type of things the SEC watches for and that can lead to trading suspensions.
GLTY and JMO
And I disagree...as a member of several investment message boards over the last 20 years I've had first hand experience with thousands of 'potential' mergers, especially those involving stinky pinky stocks with no assets or revenues....so there!
GLTY and JMO
"How do you know that. What if ecolocap bought the rights."
Then it would be right there in the ECOS financials as an ASSET...better call Malone Bailey...they must have screwed up LOL?
Yes...they own some patents of value which ECOS does not. Glad to help!
You're the one that invented a leap from the ECOS/BIO-art JV to a Reverse Merger with a sticky post that confused everyone...maybe you should correct that?
LRS seems very happy with their carefully crafted legal agreement from last December. I'm very happy with it too LOL. I'm unhappy that I can't invest in either LRS or ECOS/BIO-Art LLC.
Only the 10k's have to be audited.
LRS reads financials.... they also know what ECOS does not own.
No R/M here IMO!
Please show us where ECOS lists any value for any IP assets owned (such as patents or trademarks) in their audited financials??? If they are not listed, shareholders do not own any IP LOL.
Do you think the auditors just overlooked it??
The Korean Patents and their numbers are on page 19 of the supply agreement. Ecos saying the word PATENT on their website does not mean they have any...it only means they want you to believe they do.
GLTY
https://www.sec.gov/Archives/edgar/data/1290506/000100201416000810/exh10-2.htm
The thread was about "If ECOS fails at business". Nothing in your post seemed to contribute to the discussion IMO??
I probably won't have to worry about that before 2019...remind me again in 2018. Why are you worried about that?
Read the contract...If ECOS fails at business, LRS has the right of first refusal to take over 100% of ECOC/BIO-Art LLC and has absolutely no obligations for any of ECOS's debts.
There is therefore no logical need, or financial advantage, for LRS to enter into any further agreements with ECOS at this time.
All just naive wishful thinking by ECOS shareholders IMO!
Isn't it a 10K (audited) that's overdue?
Looks like the next move here will be a SEC trading suspension followed by revocation of the ticker. Sand won't ever be able to revive it or salvage any value from the Shell.
RIP SIML!
JMHO
LOL..charts are absolutely worthless in non-reporting pinky stocks.
Well said!
It doesn't take much DD time, experience, special skills or talent to wish for a fantasy outcome, almost anyone can do it.
GLTY and JMO
The 'market' knows that ECOS shareholders do not OWN anything in that cute picture... or the value of any IP represented as such.
Please leave me out of your juvenile posts and sexy pictures of LRS owned assets! I'm certain LRS's financial statements include all the trucks and collection bins you've pictured recently. ECOS does not!
Do you have pictures of any ECOS assets that you could post? Maybe the share price would go up as a result?
"BIO-ART maintains temps of 130-160°C, winter does not effect the process !!!"
LRS management made a corporate decision to suspend bio-waste collection for 3.5 months during the winter and announced it to their recycling customers. The decision evidently had nothing to do with the temperature in the digester. If you disagree with their decision, please take it up with them.
GLTY
"And whats the point ??? Somebody told me ...blah blah blah.... We all known what we own !!!"
Makes a hell of as big difference IMO if the projected ECOS net profits for 40% of by-product sales will only be for 8 months, not 12, as everyone was being led to believe??
GLTY and JMO
Dutch...Deal_guy posted this after his last visit to LRS.
LRS already announced it to their customers? Evidently it was a corporate decision and had nothing to do with the equipment. Best to check with them if you need more details.
GLTY and JMO
"Hopefully that is followed by some information ."
And where would information with any 'accountability' attached to it come from??
Makes one wonder how shareholders in a non-SEC registered BK pinky company would fare in all this?? LOLOL
A ticket in a US run lottery would be a much safer bet IMO.
Nothing is "proprietary" until a company applies for and is awarded that protection by the USPTO. Please show us a list of all outstanding ECOS applications and issued patents and/or trademarks?
If they 'owned' any, wouldn't they be listed as an asset on the ECOS balance sheet?
I asked my 13 year old granddaughter about that, and she said YES, of course.
GLTY and JMO
"They own the technology"
Best post some supporting evidence for that...otherwise people may think you just made it up again.
ECOS owns nothing...'potential' is worth ZIP until it's realized...filings show ECOS has ZERO assets.
Cheerleading ECOS is like cheerleading a football team that hasn't won a game in 10 years..nothing but potential, hope and prayer. Most spectaters have wised up and aren't buying it.
GLTY and JMO
LRS already signed a partnership agreement with ECOS 9 months ago...DUH! They already have everything they want under legal contract?? Why risk anything further on a company like ECOS that owns nothing?
https://www.sec.gov/Archives/edgar/data/1290506/000100201416000810/0001002014-16-000810-index.htm
"Dream big but ECOS A/S would never dictate that value with a possible 20B shares out there."
Actually the A/S is now scheduled to go to 25 billion Oct 1 LOL. Read the Def 14C (lower right). Death spiral just like Toys 'R' Us.
GLTY
DD is not about gathering or repeating info that management 'wants everyone to know' which is seldom, if ever hidden. Real DD is finding out what they 'DON'T want you to know'.
GLTY and JMO
LRS people have also openly stated that they intend to take the full 110 days? Go figure LOL?
Why don't you read the contract before you post...it spells out exactly what the parties can or cannot do. Have you seen an 8-k (material event) filed by ECOS announcing acceptance or payment by LRS?