<blockquote><span style="font-size:90%">Quote:<hr/>But the S1 process is a tedious one. The SEC will reply with 100 questions.</span><hr/></blockquote> <br /> <br /> But this S-1 serves a different purpose. It simply allows ECAB to sell stock they already own (at some stage). <br /> <br /> So the SEC may not give a rat's ass about transparency. Since the company is not raising cash/issuing new shares.