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I am not cheering for or against anyone here. I am here for RVPlus.
I am here to discuss the company but lately this board is about mud slinging and "DD".
As far as I know ECCO2 Tech and ECCO2 Corp are 3 different entities.
When you start throwing around terms like SEC investigation etc people generally err on caution and delete or "run".
If you want to sell your shares put them up. I wish I had acquired that block of 170,000+ @ $0.003
Give it time, those that know Peterson and know ECCO2 know that regardless of what exchange it trades on there IS value.
As I have stated I wouldn't sell for less than $1
You proved what?
So looking froward a month or 2.....
Still on Grey's
Audit completed
Audit reflects a $250 million dollar or more invoice either factored or paid...
only 4.x million free trading shares out of 120+ million...
I guess owners of a revenue producing company.
Still have NOT lost faith, although somewhat disappointed I see a turn around here. WAY too much potential for this to die. WAY too many people invested and we are waiting to see revenues.
Audio versions are apparently available tomorrow.
Now idea where the NT-10K or the 10-K filings are. Disappointing to say the least.
Seems Mr. Peterson continues to build business relations however.
ECCO2 Corp recently admitted as a Major Group at United Nations Department of Economic and Social Affairs, Division for Sustainable Development
http://sustainabledevelopment.un.org/index.php?page=view&type=6&nr=3317&menu=1562
Well... I guess Peterson and Valento had their day in court and testified under oath today.
I called the court and transcripts will be available next week sometime.
I wonder if the SEC, FBI, Scottsdal Police or any others were there too or if they are just going to order a transcript.
I am going to call the court again on Tuesday and see if they are ready.
NO, I was not there. I have not been to Arizona a in a few years
Anyone hear anything about the hearing today in Scottsdale?
I only care about ONE company, RVPlus. We will ALL know much sooner than later if that materializes.
I am not going to do a he said she said with you on this.
I could play games all day and ask you to show me ONE company on that list with a Federal Government Gontract over $1.8 BILLION Dollars
As previously stated...
I AM WAITING FOR AN AUDIT before I make ANY decisions on this one.
Well you and I have BOTH been on this board a long time and I believe for the same reason.
The similarities below are just that, no need for conspiracy theory. My eye is on the ball aka the 10-K because that is all that matters right now.
No 10-K then ZERO chance of a Form 211.
One thing at a time in my book.
Will it be easy to find an auditor for a stock that WAS suspended, NO.
Can one be found that will do it? YES!
Finding the auditor to complete the 10-K is not the challenge hence why I put weight on that issue for the moment. Once that is completed then on to the next step.
With an Audited Financial statement, especially one with cash revenues, I bet there are 100's of companies that would make a formal buy out offer to buy the asset but NOTHING happens without an audit.
Until something changes we trade on the Grey's
I am not going to waste my time doing DD at this point. The facts are in the filings. If the filings are not accurate I am not going to chase anyone down either, the SEC will, that is THEIR job.
I am not here to provide excuses, or make promises. I am here just as you are.
I have no intention of contacting government officials.
As for RJPC/IVTI those are a deal(s) and a group to raise $ for RVPlus.
I don't give that much weight at this point but as my last post states I am waiting on an Audit and actual revenue from the government contaracts.
If there is not audit, and without any additional info, I will evaluate my position at such a time.
I am neither a cheerleader or basher here I am simply here to learn.
At this point I care about the 10K!
I don't think many people at this point care about a "deal" and/or "associations" or about a 10 day suspension which we all know ended last week.
What I do care about is an AUDITED financial statement and conversion of contracts into cash.
Nothing else is going to make me part with my shares or do anything to harm this company based on speculation. I am waiting on the FACTS, filed with EDGAR/SEC.
Free emails don't count in my book.
Well as I keep saying, I strongly believe that an Auditor will accept the task of completing an audit of the 10-K
Sure it is not a cake walk job but the economy is in a recession and people ARE looking for work and I would expect a hard audit pays more than an easy audit.
I just want to see the audit. Once the financials are audited this one is a goldmine.
Until then, I am not changing my position on RVPL and will look to add if in fact I can acquire cheap shares.
Changes in Internal Control over Financial Reporting
There were changes in our system of internal controls over financial reporting during our last fiscal quarter ended October 31, 2012 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting. Thus, Li and Company, PC had been replaced as auditor for Company on September 24, 2012 by John Kinross-Kennedy CPA, who reviewed Form 10-Q Filing for July 31 and October 31, 2012.
Former auditor, Li and Company, PC filed Form 10-K Filing for April 30, 2012, which reflects financial statements and business operations that had taken place before Change in Control of Company on May 4, 2012. The new auditor was appointed by Board of Directors following Change in Control for Company on May 4, 2012.
Source: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9189216
Well from what I understand the contracts were invoiced for services/soft costs (earned income) and at the time of the Q was not received in full but is still a receivable.
As a receivable, it is an asset. Mr Peterson clearly explained the process in the January 7, 2013 Press Release.
What I am waiting on now are 3 things...
1. The current total "invoiced" receivables
2. Actual cash received by either direct payment (highly unlikely due to the explanation of the above PR)
3. Actual amount of CASH received through Factoring of the receivables with the banks listed, or others, in the above PR.
Please assist as we ALL want to understand the financial position here.
From what I have read the contracts HAVE been invoiced for soft costs already.
Instead of stating:
There were 5 Zero volume days in July, 15 if you include the 10 day temporary trading suspension.
I think most invested here are like me, waiting to see what the audited financials look like.
Not going to see much of anything in the way of volume here until they appear.
Amazes me that people don't see the value here of the ECCO2 Intellectual Property, Foreign government contracts (not the FL, IVTI and GC raise $ deals) but the actual government contracts.
Even if this one stops trading all together, with an audited financial statement this one has tremendous value!
1. Whether RVPL paid a dividend to shareholders,
2. was a takeover contender from a competitor or wealthy Fund, Venture Capital Firm or investor
I am not going anywhere. I won't part with shares at this point as the upside far outweighs any downside.
Another day and no mass exodus as predicted by some...
I am here for the long haul!
I am here to stay, nothing anyone can do or say is going to change that in the net 2 weeks.
No more suspension, no revocation for RVPL. Remaining on the Grey's trading until a Form 211 is done.
While the contracts and intellectual property are worth $2 billion I don't expect we will see any change in the stock price here until the Audited financials are done.
Holding all my stop until they do or do not show by August 15.
At the end of the day the company does have value.
I know one guy was bidding 250,000 @ $0.005 all day