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Everything at ESCU seems to be on the right track. They are making good progress.
Factual information. Sohail Quraeshi and ESCU have been lining things up while moving the S1 filing forward. They intend to start announcing their progress as soon as the S1 is approved by the SEC.
Looks like all of the hard work and financial investment from Sohail Quraeshi and Madhu Sethi's team is getting ready to pay off.
SEC approval should be forthcoming.
Exciting times ahead!
Filing update: ESCU just posted amendment 7 of their S1 filing.
ESCU had a 2 hour conference call with the SEC approximately 3 weeks ago. The SEC gave clear direction regarding what they wanted ESCU to change / add. ESCU was listening carefully. This 7th filing should move things much closer toward SEC approval.
ESCU should receive a response from the SEC within a couple of weeks.
Then, it's time for ESCU to shift gears and move forward.
Again, as stated numerous times, there is virtually no trading. There are very few shares available for purchase. ESCU will get more into the market when they launch.
That has not happened yet.
Already been answered numerous times on this forum.
Read the S1 filings.
Already been explained numerous times. There's no trading suspension.
All that matters is that we have a new team. Period. Who cares about 20 years of history?
Why not ask him? How would anyone else know. More important, why would they care?
Does not matter. New team. New business plan.
Hilarious. There are virtually no shares available to purchase. That's by design. ESCU is holding its securities very close. They are not worried about OTCM right now. The S1 is NO. 1 priority.
So much for warnings!
Of course it's a new team! With a new business plan and a new set of priorities.
Ridiculous. Kimmons left in 2013. Sohail Quraeshi brought his own team to the game.
Come on now! Kimmons had been gone for years by the time Sohail's employment agreement was created by him and his new team.
That's untrue. Quraeshi was never employed by EDWY. He was an unpaid adviser.
The question is irrelevant since the person in question has been gone for years and has no affiliation with the company.
There is no connection between the two men.
Oh, come on now! Red flags? Really?
That's because ESCU has elected not to maintain a position on OTCM until they have the S1 approved. In short, they are getting everything in order.
This is, as always, irrelevant. New team. New business. Nuff said.
Thank you Gary for hooking us up with the ESCU team! BRAVO!
All of this is irrelevant. New team. New business plan. New opportunity. Period.
There is no connection between Kimmons and Quraeshi.
There was no warning issued to ESCU.
It's their time and their (significant) money. So what's the beef?
Untrue. Quraeshi was an unpaid advisor. He was never under contract to the company.
Quraeshi did not work for Kimmons.
I have no interest in what may or may not have happened 30 years ago!
There is no connection. Quraeshi did not work for EDWY. Moot point.
It's irrelevant. Who cares? I'm interested in what's going on NOW.
No they didn't. This is a whole new team and opportunity.
And why would this be relevant today? Answer: it isn't.
We have a whole new team and opportunity now with ESCU.
Totally irrelevant. New people. New company.
Who cares? This is a brand new group of people with a new endeavor. What happened in the original shell is irrelevant.
It means exactly what it says. There is a DTC chill on ESCU trading. This means that all trades are being cleared manually rather than via the automated clearing system. It's been that way for 5 years.
ESCU will sign onto a trading exchange when it gets the S1 approved.
The intent is to move to a higher exchange with the approval and move to become a reporting company.
Let's not forget that the new team is carrying the financial load for the time being. They are betting on the future. Go ESCU!!!
Everyone that I've been talking to. ESCU is a brand new venture using a pre-existing shell as a vehicle to go public. All the stuff about going back to 1988 is totally irrelevant.
Who cares? Investors like myself only care about the new company, which is ESCU.