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list of shareholders (Sidney Lorio) interesting. according to the Proxy Statement: Sidney J. Lorio owns 6.32% of nothing. apparently he is a financial planner.
"Sidney J Lorio Reviews & Info
Sidney J Lorio Jr is a financial advisor with Lpl Financial LLC, which primarily works with Individuals and High Net Worth Individuals. Sidney Lorio operates out of Bedford, TX."
could you imagine taking advice from Sidney J. Lorio on investing in ECOB?
from 2007:
"CFP BOARD TARGETS WRONGFUL USAGE OF DESIGNATION
You’re not a certified financial planner until you’re a Certified Financial Planner.
That’s what the CFP Board of Standards Inc. wanted to make clear this week when it issued public disciplinary actions against a number of individuals who apparently listed themselves as CFPs without certification the board.
Disciplinary action was taken against the following individuals:
Sidney J. Lorio of Bedford, Texas"
"CFP BOARD CENSURES IMPROPER CFP® CERTIFICANT CONDUCT
Jan 30, 2007
DENVER, January 30, 2007 - Certified Financial Planner Board of Standards Inc. today announced public disciplinary actions against the following individuals' rights to use the CFP® certification marks, effective immediately."
"TEXAS
Sidney J. Lorio (Bedford): In November 2006, CFP Board issued Mr. Lorio a Letter of Admonition after its investigation of an NASD arbitration generally alleging that Mr. Lorio breached his fiduciary duty to a client and recommended unsuitable investments. After a hearing, the Board of Professional Review found that a panel of NASD arbitrators determined that Mr. Lorio used improper hedging techniques, created excessive risk in the security selection process, and failed to actively monitor and correct the risk of his client’s portfolio.
Suspensions/Delay of Certification"
ANOTHER reverse split? going to shareholders meeting?
Comery continues Conboy's legacy
Amen to that, brother!
LOL. Those are really funny. This stock has been at its "Point of maximum financial opportunity" through most of its public trading life, stuck between "Despondency" and "Depression". Looking at your first chart, those opportunities just keep coming!
Conboy and Comery came out OK. you? not me.
no credit with suppliers and no ability to raise cash, it looks like the end is near. very near.
how do they pay for $475,000 in Selling General and Administrative that includes Comrey's salary?
with only $967 left on 12/31, how are they possibly still in business?
only 1 location left. amazing.
how can it function with $30 to $40 million is losses per year? i guess that i just don't get it and never will. at least with bankruptcy, i wouldn't have to see it in my portfolio anymore.
$967 cash on hand
and THAT is for the quarter!
total revenues of $111,374; net loss of $10,672,795
income ('er loss) statement is out. UGLY!
check out all the mistakes all through his website. makes you want to invest, doesn't it? from the main page:
"Our Vision is to continue to teach the world that building with lumber is safer than block.
A big part of being cost effective in any after market treatment is about paying attention to the cost to move lumber around. Our treatment plant is positioned 3 miles from the US border in BC Canada and we are surrounded by lumber. This makes moving SPF or DF really easy especially if it's heading south into the US.
MAFL16 is a defensive collaboration of simple technologies combined to slow ignition time in fire, reduce flame speed making wood framed buildings safer then building them with raw lumber. Or finished goods are also protected against mold growth UV and moisture during construction.
Our core product do not have termite protection because the building code other then in Hawaii only calls for the sill plate to be protected. If our customer wants termite protection we can provide it."
notice that he put his e-mail address and phone number at the bottom so that you can tell him what you think of his old company and its stock price.
i think the results are secret
past performance IS and indicator of future expectations with this stock.
read their financials. do you really feel that they can recover from that? losses are more than revenue.
even the smallest amount of due diligence would steer you away. far away. don't do what we all did. we will not get our money back.
read the comments below.
run, don't walk! away, that is.
how did the vote go?
can't wait for the IPO!
Conboy launches ECOB competitor, Millennium Fire Suppression Solutions.
Millennium Fire Suppression Solutions
which 2 companies? Jager went bankrupt under him. he was let go from BMD and GP.
your first option is the best option. take the tax hit and move on. JMHO
who are you trying to convince? nobody left to convince.
my patience is gone along with my money.
its been trading in the same range for 3 months and i have not figured out who is buying and who is selling.
i don't get it either.
i just don't see any hope for recovery. the debts looks insurmountable.
what could the company possibly do to turn this around to be able to get our money back?
i've got some up and some down, but not like this.
i'm here for the same reason as you. i've got $20 "worth" though.
(i got your PM. thanks)
losses expected to continue
ECOB has been on a loooong steady decline.
Does any regular investor like this company? Not just "NO!", "Hell NO!"
Any due diligence would show that this company is not a good contender.
Yes! You should buy stock in companies soley on the facts that they have "good pics, nice website, and my biggest factor ... they file on damn time"
If that is your only criteria, then they fail on the last one. So, ignore that just like any prudent investor.
Buy! Buy! BUY! This puppy is guaranteed to go higher! What it does from there is the wildcard. Good luck. You will need it.
annual report. REALLY bad news? delay continues.
"The Registrant’s annual report could not be filed within the prescribed time period due to the Registrant requiring additional time to prepare and review the annual report for the year ended June 30, 2015. Such delay could not be eliminated by the Company without unreasonable effort and expense. In accordance with Rule 12b-25 of the Securities Exchange Act of 1934, the Company will file its Form 10-K no later than fifteen calendar days following the prescribed due date."
november is around the corner.
too many billions of shares to be counted. can't seem to count that high. think they burned through more than $100 million yet? $120 million? it is incredibly amazing that this continues on.
i'm going to call Conboy at Bridgewell Resources head office in Tigard and ask him where all my money went. you should too.
Conboy is Contractor and Builder Direct Sales at Bridgewell Resources LLC
i agree. performance has been pretty crappy.
ECOB not doing too good this summer. why?
no bearing on ECOB (lack of) performance.
won't open. what does it say? what does it have to do with ECOB?
will never see my money again, now Conboy's money