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r u this mini late day action? Are you supoorting the bid?
couple of upticks in the bid.....
ok, that's 2 of us of 177 we are down to 175...(boardmarks)...
waiting on the other 175 to respond! :)
Anybody here who wants to take credit for supporting the bid @ .0015 the last few months?
Davedavedave,
Thanks for your update. It also comfirms what I have heard as well. Gib will be back in Canada shortly, than he is headed to the far east.
Thanks for your "behind the scene" work & efforts over the past year & 1/2!
My gut is telling me the dream is still alive......!
We are not dead......interesting....
Where have you been?
looks like 3 people have bids in higher than the .0645 showing......
Did you call? Anything?
volume?
Thanks!
The four most common behaviors observed in near-collision events in the second quarter were: drowsiness/falling asleep, running through a stoplight or stop sign, engaging in a lane change (merging or passing) and following at an unsafe distance.
Drowsiness was 23.2 times more likely to occur in near-collision events than in events which were not categorized as near collisions; and running stoplights or stop signs was 13.3 times more likely. But I’d be willing to BET that sipping and smoking were NOT major causation factors in those near-collisions.
Make no mistake, though: this issue of “distracted driving” is very serious and needs to be addressed. But we must also be VERY careful what we designate as a “distraction” going forward, too, or it might very well spark some serious pushback against efforts to get the public to change driving behaviors
http://www.daimler.com/dccom/0-5-1210218-1-1210321-1-0-0-1210228-0-0-135-7165-0-0-0-0-0-0-0.html
The technology is coming from all angles.....the above link explains the latest in rear end collisions tech.....
Could you imagine the CRAM with the some sort of add on with an avoidance technology to go along with the fatigued componet?
Are we sitting on a gold mine, or just sitting with an empty shell with no value? Are we truly bagholders or holders of GOLD?
.002 is shameful. This has always had the potential for a $20.00 stock.....if not much higher......
DOOG,
Where are you getting your information that GIB is FOS & Spinning a pile of baloney?
Gib de Medeiros, B.Sc. Eng., Ph.D., age 48, Mr. de Medeiros worked at Effective Control Transport from august 2007 to April 2009 as Vice-President of Sales, with responsibilities for Latin America Business Development, Marketing & Sales, and also Strategic Planning. He cumulates twenty nine years of progressive international experience as a senior executive and consultant in large multinational corporations, as well as direct
entrepreneurial involvement in start-ups. Prior to joining Effective Control Transport, Mr. de Medeiros worked as a new ventures developer and entrepreneur, having developed and headed the implementation of venture capital backed companies, privately help start-ups, spin-offs and new business units. Mr. de Medeiros has also worked for multinational companies like Microsoft, Editora Abril S.A. and IBM Global Business Services, in the sectors of consumer goods, engineering, services, software, publishing, media and telecom, acquiring skills and competences in business general management, business development, marketing & sales, distribution, human resources, product development and customer support. Mr. de Medeiros also has academic experience both teaching and participating in research projects at universities. He obtained a Ph.D. in Human-Computer Interaction and Cognitive Ergonomics in 1992 from the Conservatoire National des Arts et Métiers (CNAM) in Paris (France), an Advanced Management Program (AMP) diploma in business management in 1997 from the INSEAD in Fontainebleau (France), and an Industrial Engineering diploma in 1985 from the Polytechnic School of the University of São Paulo, (Brazil). He has successfully finished a Project Management specialization at McGill University, Montreal, Canada (2009).
DOOG,
Where are you getting your information that GIB is FOS & Spinning a pile of baloney?
99% pinks are scams.....
Maybe we saved it in the nick of time....
We have a REAL PRODUCT......
We got to get through the weasels in Quebec....
There is a pulse.....
Not me..not selling.....I will buy here & there!
Call me CRAZY.....but somehow I think we be all right in the end......when is the end?...who knows......
When times comes, I think I will be ok....
NEWCO.....New Company (licensing for ECT).....
250 million AS....(not billions) in ECT.....
Not always necessary to sell shares to raise capital....(although here in the pinks, & many stocks this is the norm for many pumps & dumps)....
HMIT, LCOL, BNPD, ZIPZ, AQUI, PGYC...to name a few....many, many shares issued......
The CRAM should never have been on the pink sheets. In a weird sense, I am glad I discovered this product on the pinks. If it was a compentent CEO running the company from the beginning, It would have NEVER been on the OTC market....However, I would not have been able to buy the amount of shares I have at this point....
The Product Works. That is why I am here. At some point, if we clear these hurdles, the CRAM should penetrate the market in every mode of commercial transportation worldwide.....that is just that beginning.....
That my friend is why this has the potential to have a PPS in the DOLLARS!
I will not sell! No tax losses for me here. I will continue to be an optimist! I will to continue to gather any information I can & help in any way to bring this product to the Market.
I AM BELIEVER FEVER! :)
If not being kicked himself.....
Nice to see the other have of ROSEBUD being woken up......:)
I should add that 5000 shares was only $9.00.....imagine some real money coming here?
It happened yesterday as well.....I was watching as 10,000 shares went through @ .0018 than the bid jumped from .0016 to ..0018 & the ask to .0019....
Very thin...plenty of bagholders holding lots of shares :)
Well, I guess I will answer here to jermarts post.......
#1-Yes we are in debt, yet I do believe we will right the wrongs of the past & the ECT Recovery in due time, will make things right or settle the debt with those parties that RH has failed to pay.
#2-THE CRAM-I have seen it a few times. I believe it works. I have seen it in action.
With any GOOD NEWS, this current pps will disappear in a very short time.......
$375,000.00
250 million shares x .0015......
I still think we are really under valued here......
Again, the potential for this device can blow ones mind......
IMO, this can still be a life changer.....
Lets GET R DONE, ECT RECOVERY TEAM!
LOL....
GO CRAM!
out most of the day.....you buying?
The ECT recovery team is on our side...the information posted by reseller needs to be verified, although it seems to be well written.....again, Gib has said to me & other shareholders who have called him for any information that they have been trying to keep this company out of BK.....Gordan Bain was supposed to be on the side of shareholders......
Yep, I am sure they voted in favor of removing RH.....
Reseller is stating that these shareholders can put the company into bankruptcy.....It would be hard to believe that they have 100 million shares......How can a few investors dictate what will go on with the company?......I dont think some of the USA heavy investors will let this happen.....
Something does not smell right.....
So it goes with my post a few weeks ago about the orginal investors wanting to put the company into bankruptcy.........
Are you wanting to buy some shares?
I think we are alive...a pulse......
We are EFFECTIVE CONTROL TRANSPORT, which we as shareholders own the rights (IP) of the CRAM......
Lots of people were wondering what RH was up to...Well, you can see what he was doing the past year.......
There is much more in that document that was posted, I just translated using google some bits & pieces.....I thought it was amusing to have the Saudi guy in the picture.....(we had the Lebanese guy Nader).........
We just need now, a baby step or you could call it a big step to find financing to begin to get the CRAM on the market......
Hard to believe it has been a year......
MORE.....
In case of non receipt of documents, it will be impossible for Effective Control Corporation to transfer the owner's name on the certificate. The check will automatically stop at the bank of Effective Control Corporation if such is the case.
Hoping everything meets your expectations, I wish you happy holidays and an excellent year 2010.
Ely Beroutz
Finance Department
Jamil Global Investment
C. C. Raphael Huppe
C. C. Legal Department, Jamil Global Investment "
As appears from one of these letters sent to investors and the check that was attached;
33.5
But Jamil Global Investment could not be traced through major Internet search sites;
33.6
The letters in question were accompanied by a postdated check from the respondent ECC (doing business as ECC Networks) and signed by Chiasson;
34.
To date, none of the investors who received such a refund check could be cashed out, although the checks were exchanged on 25 February;
35.
The checks were drawn from the account on behalf of ECC Networks held with the challenging Royal Bank of Canada (No. 00901-101-616-1);
36.
The following information has been obtained with respect to this account:
36.1
The sole signatory for this account is Chiasson;
36.2
The account is used primarily to pay current expenses (gas, pharmacy, grocery store, SAQ, Casino, restaurants and others) and numerous cash withdrawals at the counter;
36.3
During the months of December 2009 and January 2010, several checks were rejected for lack or insufficiency of funds;
36.4
Several transfers were made from another account and a deposit of $ 10,000 was made December 9, 2009;
37.
Huppe then contacted to inform investors that he had had personal problems and to convene a meeting March 15, 2010 order, in particular, to present a buyer from "Arabia";
38.
This meeting has not taken place and since then investors have no news of Huppe;
[5]
The authority has also submitted the following arguments in support of his application:
INVESTMENTS RELATING TO EFFECTIVE CONTROL TRANSPORT (ETC)
PERSONS INVOLVED
17.
ETC is a company incorporated under the laws of Delaware developed a detection system of vigilance (detection of fatigue), including truck drivers, whose name is Cognitive Resources Availability Manager (CRAM);
18.
At the time of the crime, Rachel Huppe was the sole director, president and secretary of the company ETC, as appears from the report Cidreq Registrar of companies;
19.
Next Exhibit D-11, Rachel Huppe is domiciled in 4575, Sir Wilfrid Laurier, Suite 201, Saint-Hubert, J3Y 3X3;
20.
Next D-11, ETC offices are also located in Quebec in 4575, Sir Wilfrid Laurier, Suite 201, Saint-Hubert;
21.
However, according to information obtained by the investigator Huppe (Raphael) have moved offices CTE 1010 Sevigny, Suite 200, having been led to do, rent payments with several months of delay;
22.
The shares are traded on the ETC OTC Pink Sheets Electronic OTC Markets (PINKSHEETS ") under the symbol CFFS: OTO.;
23.
ETC has established a subsidiary in Québec, namely Effective Control Transport Corporation (ECTC) Huppe which was the sole director, president and secretary, as appears from the report Cidreq Registrar of companies;
24.
As appears from Exhibit D-12, Huppe is domiciled in 4575, Sir Wilfrid Laurier, 201 apartments in Saint-Hubert, J3Y 3X3, the same address as that identified for Rachel Huppe which was discussed above ;
2010-023-001 Page:
7
25.
Manon Chiasson (Chiasson), Huppe's spouse at the time, is the sole director of the respondent Effective Control Corporation, which is also known as ECC Networks Corporation ("ECC Networks"), as appears from the report Cidreq Registrar of companies;
26.
The offices of ECC Networks are designated as being at the same address as those of ECC and ETC, as appears from the reports Cidreq;
27.
The activities of ECC Networks are designated as being in the computer field, either: "sale and installation of computer network, computer training;
28.
Chiasson has never been registered with the Autorité des marchés financiers ("AMF") in any capacity whatsoever, including as adviser or broker, as appears from the certificates of Law practice alleged in a bundle;
29.
ETC, ECTC and ECC have never filed a visa application of a prospectus or prospectus exemption from the Authority and are not registered with it in any capacity whatsoever, as appears from the certificates confirming this information;
FACTS
30.
In May 2009, as part of an ongoing investigation, investigators from the Authority have met with shareholders who accused ETC Huppe particular for having provided false or misleading information in proceeding with the placement of shares of CTE ;
31.
The investigation revealed the following:
Investments made in 2007 and 2008
1.31
Based on information obtained during the investigation, during the years 2007 and 2008, Huppe have made the investment shares of CTE with forty (40) investors in Quebec;
2.31
These people have invested a total sum of one million four hundred and ninety eight thousand (1,498 000.00 U.S. dollars) for the acquisition of more than 26 million shares of ETC;
3.31
Huppe have mentioned several of these investors that the securities would soon CTE will be traded at the TSX Venture Exchange ("TSX-VE");
4.31
No prospectus or other disclosure document would have been returned to investors;
Investments made between May 2008 and June 2009
5.31
Between May 2008 and June 2009, Huppe would have made placement of 58,670,270 shares of ETC for a total of 416 025.00 U.S. dollars from hundreds of investors in Quebec, as appears from a list investors;
6.31
Among these investors, many told the investigator that the titles of CTE should be listed on the Stock Exchange TSX to 15 June 2009 and then modify the deadline for the end of July 2009, and finally, to modify again for the end of September 2009;
7.31
Huppe they mentioned that the registration should be done through a reverse takeover involving other companies is: Vigil Locating Systems Corporation
2010-023-001 Page:
8
("Vigil") and Axyomm Technologies Corporation ("Axyomm"), a company whose reports are alleged Cidreq
8.31
On July 18, 2009, Huppe has organized a meeting in a room in a hotel and a quarantine of shareholders of ETC attended;
9.31
At this meeting, Huppe was explained that as part of the transaction, they had to sign a new subscription agreement to replace the shares previously issued by ETC;
31.10
This new agreement was the acquisition of shares of Axyomm or the company would be listed on the TSX-VE;
31.11
Huppe said some of those shareholders that, upon registration of the title Axyomm TSX-VE, the title should be trading at about 0.12 per share, while the price paid by Axyomm of shares acquired was $ 0.01;
32.
On September 10, 2009, Huppe has been a bankruptcy order, retroactive to May 15, 2009, as appears from the certificate of the filing of a bankruptcy order and the docket of the Court file numbered 505-11-009993-093;
33.
In early December 2009, investigators met with the Authority a score of persons who acquired shares of ETC in 2009 through Huppe and they have collected the following information:
33.1
In November 2009, Huppe told them that he would repay them with post-dated checks in January and February 2010;
33.2
Some have been offered more shares of a new company in lieu of a refund;
33.3
Huppe told them that, as he had found "Saudi investors" to invest in his new company, then it could repay existing investors ETC;
33.4
Some investors have received in late December 2009, a letter signed by a man named Ely Beroutz Jamil Global Investment - Saudi Arabia Main Office, which reads as follows:
"Lebanon, December 21, 2009
To all investors CFFS,
In the envelope you just received, this is a check in the amount of your initial investment (sic) in the enterprise Effective Control Transport Inc.. We pay all amounts you have invested in the company through our Canadian partner, Effective Control Corporation. Effective Control Corporation will become the owner of the certificate that you have in your possession after cashing the enclosed check.
Endorsement of the certificate and the signature of documents will be made and sent by fax (sided copy of the certificate) up to 1 week before the date of receipt of the check. Detailed instructions and required forms will be mailed by January 15, 2010.
Anybody get a check from Beroutz?
Interesting twist to this with the Middle East connection....
I Guess RH never will learn........
I sincerly hope the ECT RECOVERY TEAM can perform a small miracle here & bring the CRAM to the Market......
Nice to know you are still alive........
There has always been the hint of Bankruptcy here, which has been one of the shareholders major concerns........
Posted by: thejudge Date: Tuesday, June 22, 2010 2:16:47 PM
In reply to: Abondanceinvest who wrote msg# 71271 Post # of 71424
On april 1, 2010, Mario Naim and David Caroni were seen having a coffee together at a coffee shop, discussing matters as long time friends.
This would not be any problem, or any issue of concern to ect investor, the following facts have not happened before:
- After the solicitation process in the time frame june-august 2009, Mario naim has take matters into his own hands, and go talk to potential investors to put money in ECT. however, he was one of five directors of the newly elected interim board of ECT. It is important to remember that the solicitation process and the interim board was Mario's idea to take control from the hands of Raphael Huppe, and put it in the hands of a group of shareholders and ex-employees of the company, who had the interest of the shareholders and ECT more at heart than the previous president and ceo, mr Huppe.
- In an attempt to get money fast to ECT in order to pay for legal bills, many of those generated by his own inappropriate acts, mario starts do discuss, without the approval of the other directors, deals with BCST in order to get some cash in the company against a major position of david caroni in the company, amongst other concessions.
- The other 4 members of the board were not in favor of developing discussions at that time with BCST, specially because that company is pursuing ECT on an alleged patent infringement. in a board meeting, in which took part the 5 members of the board of ECT, together with its company attorney in delaware, if was decided by a vote of 4 against that mario naim 1 was not to have any dealings regarding ECT with anybody, in special BCST, without prior board approval.
Now, the question is: what were Mario Naim and David Caroni discussing in the meeting of april 1 ? Certain facts around the time of the meeting may suggest somes answers:
- Mario Naim has always advocated that the only way out of the situation ECT is at now is to put the company in bankruptcy
- Even though member of the board, Mario Naim has tried to get a personal judgment against ECT in the order to have a court decision that would allow him to ask for ECT's bankruptcy.This attempt has benn neutralized so far by the others members of the board.
over 60% yesterday....over 50% today.......
on little volume.....
0.002 100000 OTO 11:26:57
0.002 50000 OTO 11:18:34
0.002 20000 OTO 10:45:52
0.002 20000 OTO 10:43:31
0.0015 50000 OTO 10:41:34
0.002 20000 OTO 10:27:39
0.0013 164357 OTO 10:20:02
.0015 x .002
crazy stuff........62%....LOL.........
Somebody raised the bid to .001, (ask had been .0008).....
Dave/dave/dave was not filled on an AON..........(hitting the ask) as he posted...
I popped in to make sure a trade could go through..........supplied the volume for today....
My $52.00 purchase was filled in 2 orders....one for around 7000 shares & the other for about 33,000 shares......
It works..I just bought 40,000 shares for $52.00.......
Throw a $100.00 bucks at the ask & see if it is trading......:)
more info on the IP.....I have put this in the IBOX as well......
The matters summarized in this document refer to hypothetical proposals only, and are intended for purposes of preliminary discussion only. The matters summarized in this document are subject to amendment or other revision, without notice, and at any time, and are therefore not intended nor entitled to be relied upon by any person. The matters summarized in this document include forward-looking considerations that necessarily involve uncertainty, risk, and various assumptions and contingencies, and there can be no assurance that any future event described or suggested herein will in fact occur.
Nothing in this document constitutes an offer to sell any interest, of any kind whatsoever, in any entity referred to herein. Nothing in this document constitutes any type of solicitation of funds, for any purpose whatsoever, and no funds will be accepted from any person with respect to the matters summarized in this document. Nothing in this document constitutes any statement as to the potential desirability of purchasing or owning any interest in any entity referred to herein.
Any indication of interest by any person in the preliminary matters summarized in this document shall not create any commitment of any kind by the interested person, nor create any commitment of any kind in favor of such person. Any indication of interest by any person in the preliminary matters summarized in this document, or any questions with respect thereto, should be directed to the ECT Recovery Committee, c/o Dr. Gib deMedeiros, Director, Effective Control Transport, Inc. (telephone: 514-232-4878).
__________________________________________________________________
This pretty much sums up the history of Brunos work & where we stand at this moment.....
Remember there were people who were saying that RH did not file the patent for Le Cram...while at least he got that done....
We know that this is the firm who are assisting with the patent....
http://www.fasken.com/en/overview/
Notice on the bottom of the info concerning Bio.....
"Litigation with ECT in stand by; potential opportunity for deal"......
I wonder if Bruno is chomping at the bit to finishing this project?
It is good to get on your knees & pray!
Are you still holding shares here?