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History tells us 8 weeks will yield more promises of riches, just at a later date. And a later dat, and then a later date.
Try not to be so hard on yourself, the line here is very very very long of people who have financed the next great deal, only for focus to be shifted, results minimized, and direction changed
1. It makes zero sense to keep expanding scope and kicking the can. ECsL has a long history of NOT being able to execute. You take the bird in the hand when you have nothing….
2. And I quote ‘ Would you prefer predatory lending deal by closing last week? ‘, so unless you’re no one, that clearly implied a deal was on the table with predatory terms, any deal offered would by default be negotiated by the offering and accepting party. I know , I know, too many facts and too much logic, and not enough FSR
And a few more business days huh?
Was it a few more business days last February ? How about July? End of august? First extension? Second extension?
That made me chuckle
Getting.a head start for 2022
Hmmmm
100% return in 9.5 years !
Did this ever happen?
There is no news Carl, only excuses why previous ‘news’ is no longer true and has shape shifted into more hypotheticals
How about the shareholder update February 2021 where closing was anticipated on or before April/May this year?
Or the fact it took them 7 months to disclose they didn’t even have a contract executed ?
Material fact provisions clearly don’t apply to ECSL
FSR or SEC investigation? Which comes first?
This is possibly a new low, just when you thought they couldn’t mismanage anything worse, here we are
Depends on what the letter says or doesn’t say or even if it happens
Dead cat bounce with the right words, then will continue to sell off until deal is closed, if ever
Like all the many years before, this has been mishandled . John, Ron, bon, chauka kahn, Guess it doesn’t matter who is at the helm. The same incompetence continues to rear is very ugly head.
Frustrating.
I’ve said it in other places, they got to stop thinking they are the smartest guys in the room. They aren’t, and they are about to out smart themselves out of the greatest event in company history
How many next weeks was 2005?
830 ish ish
That’s alot of next weeks!
Here is to 800 more!
What about the next week after next? Couldn’t it be exciting as well?
And if we get no excitement either week, there is always the next!
Next week.
It’s the answer to every question involving ECSL
Million share on the bid just popped up
This is uncanny and bizarre
Best Christmas ever part 6?
Let’s not confuse ‘naysayer’ with analytical
- What if the financing is already been approved by several banks, just waiting on final appraisal for the closing?
Not exactly the way that works, you’ll have to trust me on that. Let say for arguments sake , it’s one bank and valuation comes in 30% under what ECSL management projected? Then what? Furthermore, why wasn’t valuation concerns addressed in prior releases? IE, we anticipate closing within 3 weeks of receipt of valuations, etc….
It’s immature to throw out closing dates without understanding the factors that contribute to an actual closing/done deal.
- what if some of those negotiations are actually closed/signed contracts?
Different issue, but yes one that we have all heard. But yeah, what if? That doesn’t mitigate the valuation issue just dumped on us
- What if the lobbyist we brought on helps extend or open up other port opportunities?
Fantastic in theory. Looking forward to seeing what he;she can do. Hope we didn’t have to guarantee too many shares and they are of worthy pedigree. With Ecsl history, these are legit concerns
- what if the stock symbol change is a leading indicator we could see NASDAQ sooner than later?
Perfect. Totally agree, and this is exciting for the stock
I for one appreciate the updates and truly feel we are only a few weeks out from a major breakthrough with this company.
I tend to agree, it’s just not surprising what we are seeing unfoldng at the moment
Right? Not surprising
This should be in the 80’s or less based on the disclosure of where they are in relation to what’s been put forth in prior communication
Feel like a lot are prob like me, I’ve got plenty, not selling, but zero motivation to put another penny into it
Ooooh, pick me?
What they have in hand?
Not much…..
So frustrating but not surprised
Partially accurate.
We all know what has been released in the wires and in shareholders letters
We don’t have to ‘know’ what’s going on ‘inside’
Only have to use logic to understand ‘something’ has changed
And deals aren’t done until they are done. Continuing prolonging erodes value and shareholder confidence
These are fundamental indisputable truths
Great news on the ticket change though
100%
If the intent was for the land and improvements to collateralize the deal (which is of course SOP), then this never was going to close august 3rd. Ever.
This is not just a box to check, or something to throw in the lending file
These evaluations will shape the entire deal,
As I stated upstream, either shareholders have been misled (and not just by the insiders here) or something fundamentally changed, and not in our favor
Wonder why some folks have been so quiet the last two weeks? I mean surely they didn’t know anything material that wasn’t public information?
Cue Peter Lorre in Casablanca “shocked, shocked!”
Next up?
Massive dilution on this ‘done deal’
How much you adding today on this dip?
You got your wish unfortunately.
Either they have materially misrepresented this to shareholders or funding options have changed and not because ‘we’ wanted them to
But hey, done deals are done deals? And if you say it enough, doesn’t that make it true?
Is that you Mr. Hightower?
Spot on as usual
Seems to be a pattern here, intentions somehow get leaked, those intentions get disseminated here and other places as statements of fact and ‘done deals’, 6-8 months later, those leaked intentions are formally presented via press release or shareholder update.
The powers that be that had information 6-8 months ago ‘double down’ that deals are done.
Clearly, deals are not done. However they are moving in an awesome direction for the company
As anyone without an agenda knows as a statement of fact, the company has a very poor historical record of closing anything. Deals are announced and then disappear, never showing up on balance sheets or P and L
Some claim these are the wrong details, others believe that money is black and white and the scoreboard tells the tape.
I can’t speak to how ‘wrong details’ pay the bills, build net worth, or allows a leveraged asset.
All in all, things are progressing nicely, we have a chance once again. Here’s to hoping the wreckage that is ECSL past is not indicative of future performance
Ask around, maybe the person or people who got you in this historical train wreck
More shares are coming
If they aren’t, then this deal doesn’t close
If this deal closes, then they are
If you take the inacccurate/ liberal interpretation of ‘done deal’ prior to an actual close, then more shares are coming
Gonna likely be some wealth made here if the deal closes, particularly for those who get paid in shares
As long as there is enough to go around, who cares
Free beer tomorrow!
Exactly,
‘PR’ yesterday was the official world notice of dilution, looks like the double secret ballot vote passed
Not that it’s inherently ‘bad’, and albeit likely necessary for the hills this mighty little engine wants to climb
It’s just disingenuous when the town criers here pulpit ‘no dilution’
Transparency for ‘real’ shareholders is a common cause we can all get around
So double the share, figure out some net rev projections and we have an estimated stock price
For now, it’s a buck +/-
Plenty of sellers , plenty of buyers
Free Beer Tomorrow
Good post
Couple notes,
I think all of us know what’s coming with dilution
People here oft confused revenue with profit, as in the seriously use revenue as profit
So when you get those SP predictions , it’s always a swag based on projected revenue times some unrealistic multiple for a pink sheet divided by current share structure
A pump to $3 would do everyone a favor, get those out who want out and leave those who want to be here
In Florida, Majority of New York and California exodus money is being spent Miami and north , as well as the panhandle.
The state of Texas is outpacing everyone right now
Everywhere BUT California and New York is booming’ right now due to the very low (artificially suppressed via stimulus, forbearance and the low interest rate debt service in relation to rental income)supply in relation to historical standard demand
Tampa is doing great, but so is everywhere else and a lot of them are doing better
$ECSL #CYBERFUELSINC #FUEL More updates coming, huge fuel project in Florida. Big catalyst taking place with $ECSL #Methanolfuel patent with endless opportunities. It's what longs have been waiting to happen. Take a look #cyberfuelgatewayterminalhttps://t.co/6nrBhOeP8m
— Harley65 🇱🇷🇪🇨🐕 (@myluckydogs) February 25, 2021
I feel like we all need to support gum shoeing and a rationale member of the ECSL community should be open to what gum shoeing uncovers despite wether it fits an agenda or Harvey Wallbangers 20% retrace teachings
as simple as buying a 3-5 year SSl for $299? or harder?
Neither one seems to be achievable so I am trying to gauge level of difficulty
Market doesn't think its oversold, it just keeps selling
Somehow mysterious heirs to an estate had/have 150 million shares on a stock that has in total 70MM outstanding. And Mr Shorty (with apologies to the GREAT Marty Robbins) has an appetite that would suggest his money is a lot smarter than others.
Just another enigma anomaly in the Alice in wonderland of stocks!
Now overbought? That's a jet pack of a different color
I will bet you dollar to donuts you will see sub 40 cents here if there is no communication before May from the company
Which is great!!! More cheapies
YES! Agreed
however, divide that amongst 70MM++ shares
we need about 300 more stations like that
but we blew those deals apart and never got an answer as to why
You just said he is lying to shareholders?
that is under control ??
all the financing in the world isn't going to save a stock who leader has falsely misled the public
Jail time does not age well on a stock
Remember wasn't that one of the excuses 5 years ago? whatever guy du jour who was a crook and was associated with
ECSL does not exist in a reality suspended bubble
Market forces and capitalistic truisms are a much larger beast than a pink stock with terrible communication history, a CEO who apparently cant be trusted, and zero assets to speak of other than selling shares directly out of treasury.