InvestorsHub Logo
Followers 135
Posts 6894
Boards Moderated 0
Alias Born 10/01/2007

Re: SittingPretty post# 17832

Tuesday, 03/28/2017 11:04:41 AM

Tuesday, March 28, 2017 11:04:41 AM

Post# of 20265
Dude, You're riding a dead horse, Home Depot kicked this snake oil out almost 2 years ago:


https://www.sec.gov/Archives/edgar/data/1409885/000112785515000167/ecob8k050115.htm


Item 1.02 Termination of a Material Definitive Agreement




On May 1, 2015, Eco Building Products, Inc. (the “Company”) received a letter from The Home Depot, Inc. (“Home Depot”) that the Amendment #2 to The Home Depot Supplier Buying Agreement, dated as of February 10, 2014 (the “Agreement”) was terminated. Home Depot will continue to sell through any Company products remaining in their stores but as of May 11, 2015 (the “Termination Date”), any pending purchase orders would be cancelled.




The Company believes that the termination of the Agreement is amicable and in line with its current business strategy, which is to focus on Coating Service Only (“CSO”) opportunities affording higher profit margins without the cash burden to perform lumber purchasing and trading. We hope our protected lumber ends up in Home Depot again in the future through one of the lumber traders or producers whose lumber we perform CSO.

Corn-fused-us Long-vestor ancient saying: Patience and small movements keep a steady course.

I don't have a humble opinion!


At's ma boy!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.