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Re: Potse post# 357

Thursday, 11/20/2014 1:31:27 PM

Thursday, November 20, 2014 1:31:27 PM

Post# of 4697
ECGI...reply to private message.....

To the person who sent me a private message regarding ECGI....

I have not sold any of my ECGI (formerly SUIP) position yet. The minimum price price range (20-40+ cents) that I mentioned in the above post still applies, and I still feel reasonably confident that I will be able to get those types of prices sometime in the next 6 months or so.

With the reverse merger now completed (November 14), there will more than likely be an increased level of IR-related activity in the coming weeks/months.

The next five trading days could be quite interesting (November 21-28) because of the floorless conversion feature of the debt arrangement entered into with Life Medical's creditors. The $376K worth of ECGI stock that will be delivered as part of the compensation for the licensing rights to BreastCare DTS, is being priced during the next 5 trading days (according to the 8-K filed on November 17).

IMO, if you do not see any sigificant or semi-permanent decline in ECGI share price during this time period, that could very well raise the eyebrows of investors and/or momentum groups monitoring the stock. It hasn't garnered much attention, but it might be worth noting that ECGI did a straight-up $100K private placement about 2 weeks ago (November 7) at about 14.3 cents per share......

On November 7, 2014, the Company sold 700,000 shares of its common stock to an accredited investor for an aggregate purchase price of $100,000.



http://www.sec.gov/Archives/edgar/data/1394130/000147793214005922/ecgi_8k.htm



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