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"He pooh poohs everything. I wouldn't pay any attention."
Obviously you've never read the original agreements with LRS, or paid any attention to anything regarding your investment since, or you wouldn't be posting such stupid uninformed posts.
ECOS shut it down after about 9 months with no explanation to shareholders... evidently there was not enough interest in any by-product from the digester to make a profit?
Much harder for a con artist like Siegel to develop and sell a product than to sell shares?
GLTY and JMO
Yes, and it was Korea, not China.
Some brokers are doing 'matched trades only'...check with your broker?
Good question! Maybe to reduce the risk of shareholder law suits from by bag holders and/or the SEC??? Who knows for sure? He bought toxic notes from hundreds of issuers?
Same thing is going on at CRQE (some different Fife entities). So I doubt if it has anything to do with LRS LOL.
He's operated from at least a dozen entities (that I'm aware of) in order to get around reporting requirements.
http://ih.advfn.com/stock-market/USOTC/cirque-energy-ce-CRQE/stock-news/83236550/amended-statement-of-ownership-sc-13g-a
I've posted my opinions earlier but basically Fife's 4 entities (each controlling 1.1 Billion shares are likely cross (or wash) trading large blocks ('matched trades only') of 30-50 million shares to give the appearance of high volume interest from retail, or LRS, or?
It likely fooled enough newbies (and maybe some veterans) to jump in and take out some of the former bag holders who had sell orders in.
Read my posts from late Jan on this.
GLTY and JMO
The O/S is 3.7 BILLION.
The T/A is the most accurate source (It's updated direct from their computer feed to the OTCMarkets computer).
https://www.otcmarkets.com/stock/BBRW/security
FYI, this is a stock specific forum for ECOS, not the OTC? Peeps come here to read, and to post opinions about investing in ECOS.
"We're all smart enough when to let the new folks be Lamb fodder."
At least you admit to being like so many of the Scam CEO's and toxic note buyers in the OTC, just financial predators totally void of any moral or ethics code. I pay my taxes and I prefer to live in a society as free of predators as possible, in return for the money I send in.
JMO
Yep... 2 years of 'CBD extractor' talk without a single prototype produced???? Billions of shares sold though?
Big hat, no cattle?
GLTA and JMO.
Sorry, forgot to include this link in my previous post regarding Dec FINRA lawsuit.
https://www.courtlistener.com/recap/gov.uscourts.nysd.550884/gov.uscourts.nysd.550884.1.0.pdf
"Same...holding for hopeful removal of caveat emptor"
Fife's filing his law suit against FINRA in December won't likely speed up any removal prospects LOL.
GLTY and JMO
Yep..ECOS is a 'meme' stock right now, just like all the other CE stocks being pumped on social media, and the SP is a 'total disconnect' from any real value for the company.
Anyone wanting an idea of ECOS's real value, should ask a licensed accountant or Investment Advisor for help rather than a chat board LOL.
GLTY and JMO
"Anyone know who this guy is? He holds a ton shares (1,091,178,826*) over several companies and filed the SCHEDULE 13G in the middle Dec 2020 Just curious..."
https://www.sec.gov/litigation/complaints/2020/comp24886.pdf
Good luck with any investment you make in puke ECOS lol.. JMO
"When does first Qrt end. Cause it does state:
The company will finalize the share buy-back obligation of $5M in the first quarter 2021"
Q-1 Ends March 31, 2021.All they are telling you is that they will decide in Q1 what their OBLIGATION for a buy back will be. Carefully couched wording IMO.
There is no 'verifiable' evidence of any 'buy-back' yet??
My notes in red!
8-K filing
BrewBilt Manufacturing, Inc. (the “Company”) has commenced a share repurchase program on September 15, 2020 to purchase up to $5,000,000 of common stock through December 31, 2021. The share repurchase program is intended to reduce liability for the company (and its affiliated purchasers). The company is relying on Rule 10B-18 as a safe harbor provision to reduce or eliminate legal or regulatory liability in certain situations as long as certain conditions are met. The company has abided by the conditions of Rule 10B-18 inclusive of conducting all transactions from a single broker or deal during a single day. The company recognizes certain requirements for the timing of the purchase, whereas an issuer with an average daily trading volume (ADTV) that is less than $1 million per day or that has a public float value below $150 million cannot trade within the last 30 minutes of trading.
Companies with higher average trading volume or public float value can trade until the last 10 minutes. The issuer must repurchase at a price that does not exceed the highest independent bid or the last transaction price quoted. Finally, the issuer cannot purchase over 25% of the average daily volume.
On November 20, 2020 the Company returned to treasury 70,025,000 common shares of stock in value of $140,050 at a price of $.002. They did not state those shares were purchased in the open market'?
On November 20, 2020 the company has agreed to allocate 10% of all purchase orders towards the repurchase of stock, up to $5,000,000 during the term of the share repurchase program through December 31, 2021. All they have said is that their 'proposed' buyback obligation is to run through 2021.. no verification yet that any purchases have ever been made on the open market by BBRW?.
A lot of unemployed peeps out there (due to Covid19 ) looking for something to do. Trading OTC stocks has become that 'something to do' (with no past experience needed), and with new online brokers offering 'no commission trading' and 'groups' getting buy signals from social media posts from 'just anyone'.
Sort of like casinos giving everyone free chips so the casino can make money off their food and beverage business LOL.
So far, not too many sell signals have been posted lol. Best to play close to an exit door!
GLTA and JMO
LOLOL
"There is something different about this different." - Yogi Berra:
"Can the old non relevant stickies get removed?"
They are evidently still supported by facts, and not just opinions, or they wouldn't still be up there for interested shareholders to read when doing their own DD??
A Gray sheet or 'Expert' can't be flipped like a pink. However Brokers can now use OTC Link to share bid/ask info 'privately' which has facilitated a large increase in liquidity for these stocks they never had before.
GLTY and JMO
Yes, and he was found guilty, fined and subjected to disgorgement along with an SEC bar.
"Who’s buying all the shares then"
The 'big blocks' traded were most likely insider 'cross trading'.
A small percentage was most likely naive retail hoping to profit from a rapid price increase, that high volume usually stimulates?
It did let some of the long term bag holders exit, and they wont now qualify to participate in any class action lawsuits against Fife, et al.
GLTA and JMO
BBRW Share Structure
Market Cap 24,204,021
02/05/2021
Authorized Shares 20,000,000,000
02/02/2021
Outstanding Shares 3,723,695,532
02/02/2021
Trading in ECOS was suspended several months ago by the SEC (as a delinquent filer). It's a Caveat Emptor stock!
A 'run is not very likely without a bid, or ask, or MM??
Companies automatically lose their MM sponsors when their trading gets suspended by the SEC. A company has to find a new MM willing to 'sponsor' them in order or them to resume normal bid-ask trading on the OTCMarket. ECOS will remain 'negotiated' trades only, (through a broker) until that happens.
Best to contact ECOS or your broker, not a chat board?
GLTA
Is cross trading illegal?
Cross trades are typically not allowed on major exchanges. ... However, cross trades are permitted in select situations, such as when both the buyer and the seller are clients of the same asset manager and the price of the cross trade is considered to be competitive at the time of the trade. Jan 23, 2021
Cross Trade - Investopedia
Check with your broker.
ECOS now trades on OTCMatket's 'Executive' tier...which is 'matched trades only'. They may not have anyone with a match for the exact instructions you've requested?
GLTY
Glad to see you got out. Typenex Co-Investment, LLC (john Fife) held the toxic convertible notes of CRQE. He has been indicted by the SEC found, guilty, fined and subject to 'disgorgement' which would include CRQE stock.
Check his 13g on the right. What's happening is not connected to the real value of CRQE LOL.
GLTY
Toxic lenders are no longer allowed to buy and convert toxic notes from issuers unless they are an SEC registered securities dealer.
There seems to be a total 'disconnect' between current volume and current share price with the 'real value of ECOS'? That will most likely all wash out soon?
GLTY and JMO
Yep...apparently there's a never ending supply of new bag holders available...Yum yum! Best to dance close to an exit door with this one.
Good for you...those 10 million are probably thrilled to be with their new bag holder. (and it wont be Fife lol) Now you don't have any need to sign on to a class action lawsuit against Fife and Siegel.
JMO
There are 4 entities, not just Tonaquint.
Each has 9.99% of the O/S for a total of 4.4 Billion shares.
Each one controls 1,091,178,826 billion shares
Tonaquint, Inc.
Date: December 17, 2020
By:
/s/ John M Fife
Name: John M Fife
Title: President
Utah Resources International, Inc.
Date: December 17, 2020
By:
/s/ John M Fife
Name: John M Fife
Title: President
Inter-Mountain Capital, Inc.
Date: December 17, 2020
By:
/s/ John M Fife
Name: John M Fife
Title: President
JFV Holdings, Inc.
Date: December 17, 2020
By:
/s/ John M Fife
Name: John M Fife
Title: President
Sorry but there's no room for logic on this forum LOL.
Professional 'paper pusher' luring uninformed traders in by creating fake volume.
GLTY and JMO
"The nonsense that Fife is moving shares from one entity to another doesn't make any sense if you can read. His shares are convertible at .00001. Why would he be paying .0002 or .0003 for them? Some entity is buying these things up to the tune of over 4 billion shares so far. Hang in there!!
Those shares were already converted into tradable shares sometime ago and have been listed in the ECOS O/S for quite sometime . Read the 13g...Fife has sole dispositive power over 4.4 billion shares (held by 4 of his entities).
Good luck finding 'a bigger fool' who wants shares of this POS now.
LOLOLOL!