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I'm sure others have tried already. I would expect a "no comment" from them. Trying to get the current Share Structure data as I write.
You should of asked him why there was no mention of CVP Financing in the Subsequent Events Section of the 10Q. But I don't know when you sent the email initially.
Over 150 million shares traded at .0001. Just around 6.2 million shares traded at .0003.
Why am I getting the feeling that the CVP Financing dissappeard?
When I saw 90 million shares trade at .0001 it confirmed in my mind that it had to be some kind of stock manipulation among the MM's.
Stocktimist, I'll assume you didn't read what I posted about the 10Q as regards Subsequent Events. If you take the time to read this section in the 10Q you will see that it lists all the Debt Conversions made during October, 2013. But no mention of CVP Financing that was announced during October, 2013.
No mention of CVP Financing in Subsequent Events of 10Q. That caught my eye.
vince, I don't know what is going on with the trades in this stock anymore. 48 million shares went down at .0001 in what appears to be one trade at approximately 10 minutes before the Close. Who would be so desperate to unload like that. And it can't be the Toxic Boys. And beside that there looks to be 5 orchestrated trades for 9 million shares at .0002. Gotta be some kind of manipulation between MM's.
An unofficial announcement? You put it out in an 8K that's about as official as it gets.
My question is why hasn't Siegel put out any news for weeks. And why didn't he didn't he put out the original PR in a wide circulation media link such as MarketWire?
vince, I keep reading posts, including yours, indicating that the CEO stated there would be no R/S. But I have yet to see anything in writing ( Website, Blog, etc.) showing a statement to that effect. When you have a penny stock with 5 billion shares authorized and 2.2 billion shares outstanding and growing daily, it's assumed by many who have been in the penny arena for any length of time that an R/S is inevitable.
Apparently the MM's want shares at .0002 but only want to sell it to you at .0003. Makes sense to me.
That sure was an early morning gut check.
Thanks for the info. I see where it took 4 months for the stock to move following the announcement of funding from CVP. I don't know why there has been silence regarding this funding from CVP to ECOS, except what some are speculating. That is to keep a lid on the SP.
I can't find any announcement linking CVP to FLPC. Can you provide a link?
Did PHAR shareholders get any NESI shares?
Correction: What was the exchange rate on the reverse split?
First of all, I didn't know anyone could short stock this low. Secondly, what price did they short shares at that would make any sense to do so?
Here is the Share Structure as of last Friday straight from the Transfer Agent. I've posted it several times. Will check on it again on Friday.
Current Share Structure:
Authorized: 5,000,000,000
Issued & Oustanding: 2,144,511,053
Restricted: 131,304,731
What you don't know is how much of the toxic shares are in the mix.
Is ETRF one of the toxic dumpers?
Hey Vince, I don't get much further South than Miami. You've got some of that Incognito attitude in you.
JJ, it almost appears like the 100 share trades are a signal by MM's that a toxic dump is going down.
Your referring to the 10 million shares just dumped at .0002
vince, I like your posts. No BS and straightforward on what the players are doing. Need some of that in DC.
Guess they're trying to suck in selling at .0002. Not working right now.
If the Patents were owned by ECOS you would see a valuation for them on the Balance Sheet. Nothing as of June 30th.
Where's the source for this statement from Siegel stating there will be no reverse split?
Is the type of financing mentioned basically Toxic?
Come and get it. L2 showing a measely 1.5 million shares at Bid. Then you have .0002's to you hearts desire.
Based on what?
Well, you sounded a little on the not sure side when I read your post. I guess your convinced now. And 5 Billion A/S and about 2.2 Billion O/S is not a problem. GLTY.
bullrider2, the true A/S is 5 billion shares. It was approved through a Proxy Vote overwhelmingly by shareholders. Only 100 votes/shares against. So you can see how badly shareholders wanted the bump in A/S to be approved.
As for why Siegel hasn't put out a PR Marketwire on the announcement of financing seems to be a mystery to many of us. But Siegel isn't talking about it.
I don't think you can apply normal technical indicators to many pink sheet stocks that trade eratically due to massive dumps of and what appears to be MM manipulation. I'm sure others will disagree. But from my perspective there's just no regular retail flow in and out of stocks like ECOS where accurate assessments from a technical standpoint can be validated.
Correction: Just under 200 million increase in shares outstanding from last reported.
Pacific Stock Transfer Co. based in Las Vegas.
Current Share Structure:
Authorized: 5,000,000,000
Issued & Oustanding: 2,144,511,053
Restricted: 131,304,731
About 300 million more outstanding from last reported around a week ago. The Toxic Financing continues.
I've got no problem with that. Your a Trader and I fully understand what your trying to do to profit. There are investors here that have been in ECOS for a long time and some buying in over .01. If their average down is between .0001 - .0006 then they are in relatively good shape on a pop. But it's got to be frustrating to those who are sitting a lot higher, say .0015 and above who got excited about this recent run just to see it wither away back to where it stands today.
MB25 and KART, I'll have the lates numbers from the TA soon and post them. We'll see how much the toxic financing, if any, is in play right now.
That's what I thought the financing deal with CVP was for. To buy processing equipment, etc.
Wow! Back to the 0002's. Anyone still holding the .0015's they got 3 weeks ago? Look at all the money you lost.
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