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Re: changethewhy post# 903

Wednesday, 12/03/2014 10:52:48 AM

Wednesday, December 03, 2014 10:52:48 AM

Post# of 183214
BUYER BEWARE! ECRY looks like it is the middle of a classic "pump & dump". If you read the disclaimer on Statler's email blasts (I got several also), you will see that "unaffiliated" shareholder "Laluna" has a $5.1 million dollar promotion budget. If you combine that with a close reading of the company's 10K & Qs ( available at www.sec.gov ) you will quickly see ---they have NO REVENUE although the appear to have recently signed a contract for $25,000 for software and $25,000 in annual maintenance.


While getting euphoric because some self styled stock guru addresses you as "kids" and touts his previous big gainers stop and think how well you could promote a penny stock with a $5 million dollar war chest...just saying...

Good luck to all who are betting on ECRY--maybe a great product in an exciting space, but red flags everywhere.