Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
i don't think that there are any on here trying to cause the personal demise of Conboy. but, there seems to be many on here that have been burned on this stock as you can see from the charts for anybody that held this stock for any length of time over 6 months.
i had bought in and eventually averaged down, but eventually liquidated.
if you trade this stock and not invest, you can often trade with some lows to buy in and exit toward some peaks. i managed to make my money back that way. investing long-term has not paid off.
recently, i got bit some though playing that way. maybe it is finally on its way out. the dilution is a killer.
good luck to ya.
thanks for the clarification. that is how i read it too. it would not make any sense for ECOB to be a Platinum Sponsor and not have to pay the $5k.
it does not look like the richest content, nor a great venue for ECOB to promote its products. it is a really odd choice.
I can't argue with that.
don't worry. there is still plenty of time.
they have a 120 days after their fiscal year end. So, ECOB has until the end of september to have had 30 days or more above a penny.
I think that it was May 20 last year. That was after delays, if I remember correctly.
Expectations are pretty high. We will see.
see the link in post # 12939
ECOB lost the exclusive when it quit ordering. the agreement is for a volume commitment. ECOB has not held up its end of the agreement. exclusive OVER.
that helps. guess I will play a little longer on the daily moves. long doesn't seem to work with this stock.
ECOB will become very hard to trade. think about it.
"stocks must have been quoted for at least 1 cent daily over a 30-day period"
ECOB won't be there because it has already been quoted at less than 1 cent daily for half of the 30 days.
time for me to cut and run while I can still trade them easily. I have only made money off of this stock flipping it on the highs and buying on the dips.
before that, I gave up a ton going long at 0.14, 0.07, and 0.007, riding it down each time.
long is not for me. i'm out. good luck.
a very quick search on both companies' websites comes up with these:
LG appliances
GE lots of stuff
Square D electrical
Stanley tools
Delta faucets
Moen faucets
Char-Broil barbeques
Weber grills
Rain Bird irrigation/sprinklers
Spectracide insect and vegetation killers
Duck tape (yes, "duck")
Gorilla glue
Gorilla playsets
Gorilla carts
- those are different companies with 3 different brands at both
Werner ladders
and on, and on, and on.
questions:
where do you get 120 days after fiscal year end? so, if a company's FYE was march 31st, then they would not have to comply until july of 2015? sounds like a crock of stuff.
wouldn't a 1 to 20 reverse split put ECOB well above a penny?
wouldn't keeping out of the pink sheets be considered "uplisting"?
sounds like it would to me. if we cannot get above a penny soon, a reverse split is in the works.
this could be a HUGE problem for ECOB:
"The bid requirement, in which stocks must have been quoted for at least 1 cent daily over a 30-day period or be dropped from the market, aims to ferret out companies that fall prey to dilutive stock fraud schemes and promotions, OTC Markets said."
Here is a better link:
http://www.reuters.com/article/2014/03/26/otcmarkets-reforms-idUSL1N0MN25Y20140326
"(Reuters) - OTC Markets, the operator of three U.S. over-the-counter equity markets, is rolling out tighter reporting standards and eligibility requirements for its venture-stage market to crack down on stock scams and bolster transparency, the company said on Wednesday.
OTC Markets will introduce a new minimum 1 cent bid price requirement on May 1 for its OTCQB market and will require the company's chief executive or chief financial officer to certify that its reporting obligations are current and that disclosures about shareholdings, officers and corporate profile are correct.
The bid requirement, in which stocks must have been quoted for at least 1 cent daily over a 30-day period or be dropped from the market, aims to ferret out companies that fall prey to dilutive stock fraud schemes and promotions, OTC Markets said.
Greater scrutiny of management, directors and shareholders would help reduce fraud in micro-cap stocks, which has been a focus of the Securities and Exchange Commission, according to Cromwell Coulson, president and chief executive of OTC Markets.
Even companies that are current in reporting information to the SEC can be problematic, Coulson said. In 2012, the SEC ordered 10-day suspensions of 672 micro-cap and shell securities, just 16 of which were current in their reporting.
Yet the 16 securities accounted for nearly 80 percent of the total dollar volume of all suspended securities in the 90 days prior to their suspension, Coulson said in congressional testimony last year.
OTC Markets also will charge a one-time $2,500 fee for new applicants and an annual $10,000 fee for companies trading on the OTCQB market.
Foreign companies that are listed on a qualified stock exchange and are current in their U.S. reporting obligations will be allowed to trade on OTCQB, OTC Markets' middle-tier marketplace. In the past, they traded on the lowest "pink" tier.
On Tuesday, the two most actively traded stocks on OTC Markets were French dairy products maker Danone SA and Swiss pharmaceuticals Roche Holding AG.
Trading volume on OTC Markets was 20.1 billion shares on Tuesday, about three times that of all U.S. stock exchanges and other trading venues. But the value traded, $1.4 billion, paled in comparison with the $263.4 billion executed on the other exchanges and venues, data from BATS Global Markets showed. (Reporting by Herbert Lash; Editing by Leslie Adler)"
really? I had not heard that before. that could be a real problem for ECOB. maybe it is time to launch the reverse split. maybe that was the motivator for Conboy passing that "shareholder" approval.
yes, on major accounts like wood. wood has many subsets and many suppliers. many lumber companies sell to both companies. none are selling a billion to either HD or lowes. wood products supply is too diversified.
Canfor
West Frasier
Weyerhaeuser
Sierra Pacific
Roseburg
LP
Interfor
Boise
to name a few.
MJ market? what's that?
there is a ton of wood shipped to china. but, I read that they hardly build any wooden houses. ECOB or NexGen would be a tough sell there.
home depot and lowes often use the same supplier. they do not like the same supplier rep to service both accounts though.
don't kid yourself.
that has been my greatest concern with my investments here. is the hole so deep that instead of financing ECOB, you just fund a new company with no debt?
how hard is it to get a code report for your product? I can't imagine that is takes millions and years to get. ECOB has spent a lot of money over the years.
certainly a new company could get the chemical easy enough since ECOB no longer has the exclusive.
I will continue to take it cautiously.
good explanation. well said.
the article says "in certain markets". since the article is about asia, I would guess asia.
there are no code requirements in north America that require red. apparently, any colour will do:
“We always love to show off our colour customization abilities,” laughed Mr. Seaman. “It has proven to be a big plus for our clients that we can do that. We have shipped brown, blue, green, red, orange and even pink material. Cedar is proving to be a much requested tone for siding materials. Basically, anything our customers need, we can provide.”
i tried that, averaging down. didn't work. now, i just flip it cause it moves up and down so much. seems to be the only way to make money on this thing.
volume is awesome though. wish it would go somewhere and i would jump on the bandwagon. until then, just tradin'.
maybe long some day.
yeah. i don't get their argument on that point. there is little worry during the construction phase.
there are real issues to discuss.
you are stretching there a bit, eh? ECOB is fine during construction to be in the weather like just about any other building material. they clearly state that it has to be coated if used outside. if you don't get that it is OK during construction, i can't help you.
please focus on real issues here like profitability and financing. we get those and this thing takes off. gl
I was hoping for a bigger truck. :)
Nice picture. Thanks for sharing.
It sounds like a lot more to come though. Just got to get this financing thing figured out.
What are "4 times lower" and "10 times less"? Do you mean one-fourth and one-tenth?
i read that the new building code requires sheet rock on the ceilings of unfinished basements or they must have a sprinkler system. apparently, there is not any coated lumber that will meet the new code.
Eco Red won't even come close.
so, ECOB cannot make a profit, and therefore cannot service its debts.
he was back and i missed it? bummer.
maybe you should read my past posts. i hadn't been down on this stock until i kept losing and finally liquidated. this past few months i have been buying on the dips and getting out quickly on the limited bounces. it is the only way to make money on this stock. the long-term charts prove that out.
btw, i am on other site's boards for my other stock positions. i only came on here because of my purchase of ECOB shares, hence the sole board. don't believe me? read up.
yes it was. doubt tomorrow though. the pops are only coming about once every couple of weeks. after each pop, the next day it returns to its prior level or it gets worse, continuing its long-term slide. this stock has never sustained a rally.
i'll wait a few and let is settle out again.
on the 3-month chart, which ones were the lows? seems like there have been a bunch. they just keep coming.
actually, it does. notice in your story: replaced with southern pine, which would be treated with toxic chemicals, not with ECOB or similar products. also, green products are getting blasted on the internet this week. read the pr's by timbersil - they look like Conboy wrote them, don't they?
as ECOB's product does not have a long track record either, it makes potential customers nervous.
so, yeah, i would say that it has something to do with ECOB, which was also used in several of the houses. the spotlight is on all the projects there now. it is not the end of the world for ECOB, but it does not help ECOB climb out of the very deep hole it finds itself in.
if Conboy did not have his crap together on those projects, ECOB will also be on the line.
remember, borates leach out of wood in moist conditions, like new orleans.
Brad Pitt’s Hurricane Katrina Charity Homes Are Rotting
news today. lawsuits planned.
the best one can hope from this stock is "slapping" for a day. long-term, this stock is an absolute dog.
no new stores in 3 months! no deal either?
timing better be good. more downs than ups.
-26%, even trading this stock has its risks.
and ECOB can't pass the test they came up with. that is why they have standards.
because firefighters came up with the 30-minute standard. so, yes, they care.