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We finally have bashers on this board. We never had them before.I guess that's probably the best sign that this stock finally wil start moving north in the long run.
As being one of the true longs on this board I really didn't get that exited about last week. I know where we come from since the chicken news was released last year. Unfortunately a lot of pennyflippers moved in last week pumping this stuff al week so they could unload today.Let's be honnest. Ecos has been for most longs a terrible investment. We have been averaging down since the last 4 years and most of us hold millions of shares wich we didn't unload yet. Once we hit .010 then the few longs left will start considering to unload. On days like this ECOS ends where it openend leaving many dissapointed but at least some pennyflippers left the building. ECOS will start moving up but hopefully only by a few % a week, leaving daytraders in the dark.
KART, Surf, MB I guess we have seen many newbies, and even some guru's passing with there flock on this board and all of them got burnt. The only thing that can save ECOS is real sales and not a PR. Starting next year the 10Q in may will finally start showing sales and set the pps for the future. See you in a few months.Never read so many meaningless post's in the last week. DD has been done long time ago buy the longs on this board.
Why longs aren't impressed yet?
CVP typically invests between 2 and 3 million! So that should solve some problems in the near future.
However I would like to see ECOS first in their list below before I take MS on his word again:
Buyouts
Typenex Medical, LLC
Pulse Systems, LLC
A Plus Reprographics, LLC
Alert Cellular, LLC
MSTAR.NET, LLC
PIPEs
Superclick Inc.
Brilliant Technologies, Corp
Late Stage Growth Equity
PowerQuest Corporation
IKANO Communications, Inc.
OpenOrders, Inc.
Streamline Solutions
Perceptual Robotics
Caldera Systems, Inc.
Strategix Performance, Inc.
Kart, I'm still hanging in also.It ain't over till the fat lady sings. After doing some more reading about why this enormous increase in potential shares it seemed to me that one of the main reasons they want to do this is their fear of an hostile takeover.They are indeed very vulnerable for a takeover on the open market. If these signed orders are true (wich we still think based on the 8k) then it's very cheap to acquire 51% of ECOS shares on the open market at a bargain. So they want to use the preferred shares and the big potential to dillute any majority in common shares to scare of hostiles who want to grab the company just before revenue really comes in. For me indeed a main reason to vote yes to the plan but for us shareholders an hostile takeover could also be a good thing when the new management is capable of really realizing some revenue.Mmm... maybe Siegel is really brewing on something but doesn't want to loose his company just before the big breakthrough. It's useless to sell your shares anyway at these prices since I paid 10 times as much on average.Rather sit this one out and give them once again the benefit of the doubt based on their recent filing.
thx. Dreamx for sending him an e-mail. Let's us know what his response his about putting out another 8 k explaining his real progress.
He's probably not responding to my e-mail because a while ago I kind off pointed him out that we no longer agreed with The Asher situation and told him that I would report him to The SEC if hè didn't do anything about the situation. It was then when the 8K came out on the chicken farms. It was his way of responding to calm us down. It worked for a while but when it comes to the 10Q things only get worse and that's the reality. Hè claims to have sold an NPU to FEI with a letter of credit. However there is no official amount in the 10q . Investor's base themselves on official information put out by the company and I believe that an 8k is official news that has to be real. If not you are in trouble with the sec. I think it's time that new 8k comes out about what really is going on towards investors if hè want's us to say yes to his dillution . I suggest dreamx that you mail him my proposal. I almost met him once in Korea but just didn't make it on time for his presentation. I have 2 businesspartners working on regular basis in Korea so The could check some things out. anyway this Korean factory was announced on his radio interview last year to open in september so I don't believe negotiant are still about producing but about financing. Don't believe on moment when you have à few millions in signed orders that you can't get any financing done. Please explain this to me MS.
Surf, O yes he did. Actually it was his first post on the board.
"hello, I am new on this board.
I live in the Netherlands and my English is not so good.
Since 2009 I invest in Ecos, and I am deep in the red now!
I have 2 emails from MS, I want to share:
Fri Apr. 25, 2013 at 6:12 PM
We will be filing a 8K some time next week explaining everything
(Only good)
Fri May 17, 2013 at 4:31 PM
It is very frustrating but we will have extremely good news
So, I am still positive but also frustrated!!
I hope for the best, good luck for all!
dreamx, I read all you Posts. Unlike you I don't get any response from him. I 'my still serious about my proposal. If hè shows me the signed contracts we can talk. But since you got à very positve response I guess the deal is already in the bag.
Don't think that story is going anywhere according to MNAI latest 8k. The formal ECOS crew already resigned.
Kakao, it's $622,443.
Like everybody not amused by all of this but as I understand it, they will issue these shares immediately to pay a $600.000 debt just to get the financing done. I'm still baffled why MS can't get any finacing done when he has all these signed contracts with the chicken farms. Also they claim to have sold an NPU wich doesn't show anywhere on the BS. So either they must have sold in in april or may then or gave it away for free in the first quarter.
Just paying themselves a nice salary with benefits. So they are still negotiating and not a word about anything besides the evergoing NPU factory. Pffff...
I hope somebody knocks on my door tommorow telling me I can safe more then 50% on fuel costs with much better results resulting in even more profits. If Siegel can't make the financing deal with the banks I will probably call him and secure the financing deal for him. No kidding. Hè just has to show me the signed contracts with the farms and I'll make some calls. So Michael if intrested just sent me a private message.
from his blog:
4. Comparison of fuel consumption:(1) Average fuel consumption of kerosene is 3,000 liter per one generation of 10,000 chickens. Therefore, 10,500 liters of kerosene would be used to raise 35,000 chickens. (2) We used 5,300 liters of D -20 for one generation of 35,000 chickens. (3) Amount of fuel cost: (a) Kerosene: U$10,500.- (10,500 liter x U$1.00/liter) (b) D-20: U$4,637.50(5,300 liter x U$0.875/liter – unit price of D-20) Difference= US $5,862.50- (equivalent to 55.8% of kerosene fuel cost) *The price of kerosene per liter is U$1.00 – U$1.20.- in Korea. *This price is tax free for farmers and the lowest price. Less D-20 fuel is used than kerosene because of the high humidity which prevents the sharp fall of temperature in the chicken coop during ventilation. Ecolocap currently has orders for 900,000 liters per month of D-20 and is in the process of securing the financing to build a facility to produce 1.5 M liters per month. D-20 sells for $0.475/liter.
Would you like to read his 15 Posts today on ihub! Indeed I don't know when he's going to the toilet but I can sure still read his posts without being his personal friend.
Surf, I have confidence in the 10Q. It will finally show the FEI deal. There was a good reason why the Flex nation came down here. they were right about ECOS and it's potential, except they came to early to the party due to the dillution. They will keep us on the radar for sure but I rather have them come in after the good news in the 10Q. Tomorow we Will see some more buying presure again because the odds are high there is news on wednesday.
Yes Kenny and for those who doubt that they will file this week on the 15th. Here's the overview of the 10Q filed in may (if not on the 15th they sent a late notice) since 2006
2006 22th
2007 18th
2008 15th
2009 15th
2010 19th
2011 16th
2012 15th
Odds are great that it will be the 15th this year and even greater this week.
and it's also safe to say that we reach our bottem for the 4th time. Picked up another million today very easy at 0,0011 so they are still dumping.
Mmm, Flex is gone...he moved to caddy and left us behind were we started last week.
Ecos doesn't trade on Alerts, charts or news but on dillution. no moving higher before this stops. I guess we Will end The week lower then we started. Best call I ever saw on this board.
yes, and after that announcement we got our asses kicked during several months and now suddenly the cavalary comes in yelling that the charts are good!!! Ecos never cared about any charts. They can still dump 300 million shares on us. Invaded by pennystock pumpers every may. Last year same time same BS on this board.
So instead of $350,000 in monthly orders we currently already have $800,000 in monthly orders! So already 10 million in sales/year confirmed by MS but the market still think ECOS is worth only 500,000. Mmm....I think I'm going to HOLD on to my shares for a while.
Yes slo, any revenu is very positive. Don't forget that our debt is still very limited after all these years. It cost us a bigger float but in the long term they can always start buying back shares and take back control over their Toxic debtors.
I mean predicable.
sorry, I was off .0001. Jee this stock is predicaten.
Slo, At least we know know we will get some news on the 15the (monday) or before. Since the 8K already gave us some idea what to expect I do believe that the dumping will end today or at least this week. I guess ECOS gathered enough funding to release some news soon.
ECOS has already received at least over $350,000 in monthly orders (5 farms) just from the Anseong area where the tests were held since februari so sales must be already tipping a million at least. Ok that's no profit but with a current market cap of $600.000 we may assume that the current pps is ridiculous. Hopefully no dumping today after yesterday rise. I expect us to finish around .0025 today. When pps starts running towards the end of the week news will be very good. Always to many insider trading in this one. A 5 cent pps would give us about $30 million market cap wich seems to me just fine for now because if the chicken story is true (wich must be with the 8K) our sales will already top 4 million with those 5 farms this year.
The update will come when the dumping stops.
This is indeed another distributor for M-fuel. Seems to be the one active in the shipping industry. There's this whole network developing under our nose and still we hardly get any news about it. Conclusion, just keep buying at these prices. Monday Will be green anyway.
Kakao, not to be compared with an NPU 60 that can make fuel out of almost everything. For example like animal fat or old cartires. Watch the you tube movies.
I think the close will be intresting today. Besides some penny flippers ,who need cash for the weekend, no TD dumping. We must get news next week however to keep this moving. glad we broke .003 easy today.
Small pennyflippers are making a days living. We stated à little bid to long at these levels. Once they earned their $300 we can move up again.
Like the volume today, somethings brewing for sure. as predicted we broke that .003 easy. However still ridiculous pps based on what's coming. Not happy until I see .02 again where it should be before news comes out.
Slo, 0.03 would give us a marketcap of about 17 million wich to my opinion is very realistic considering the pipeline and the already known deal from the chickens. Yes, what the hell are we talking about, we all know who took us down to these ridiculous levels that have no meaning whatsoever. We went up 71% yesterday and they expect us to cheer about this. No way, I want to see a 500% jump on the news and that's not even close to our target. Hopefully we don't get dumped today by TD agian. If we go up then good news is arround the corner for sure. To many insiders know about good news days before the PR and ECOS has therefore the habit of going up days before the news and not going up on the day of the news due to profit taking from the insiders. Prediction for today is that we break .003 unless TD comes in to the party.
Surf, I believe that's an American lottery play just like this stock. After 4 years holding this stock you can kind of predict it's behavior. If we run again tommorow you can bet that the pennyboys are loading up before they send out the alert to their subscribers on friday just before the good news is released.
How did you know about that .003 run Rino?
ihorchu, Go to You Tube and check out the amount of people who watched the ecolocap video's . You will find out that about a 1000 people know about ECOS. This is not a common consumer product for sale in a supermarket. we need serious investors to come in and that won't happen with a paid pr.
Let's start with a .003 run first. Not enough penny subscribers yet. MS did put himself 10 times on a lim and we still believe in him.
Irochu. I don't have a korean keyboard but I'm sure when you go to Google korea you can find some news about Ecolocap but off course only in English. Maybe you should call the Korean Chicken association.
invest, if the 8k was true (otherwise we need a whisleblower to tell the sec and the game is over for all) then indeed lot's of people would be interested in the stock. What I meant was that when we had our last 2000% run we also saw this pennyletter surscribtion news. Offcourse you can put in any ticker but when it first appears on Google that's another game. They recycle ECOS every 6 months after it is beaten down. I have no idea how many did subscribe but I'm sure once they have enough subsriptions they Will sent out an alert. Be honest, with The 8k and all The news in the pipeline it's easy to convince people who don't know ECOS to buy at these levels. Since The 8k we have been beaten down heavely. Why? Because big investors want in cheap and with this marketcap you can beat this down with a few thousand bucks. Watch when they start buying all they way up. That's what this German Guy did for years. Do you really believe they are all in jail.
Probably couldn't find out the hedgefund manager either:
http://news.yahoo.com/hedge-fund-manager-charged-us-captured-italy-230927399--finance.html