El Capitan Precious Metals Inc (ECPN)

[georgeiporgi]

How much wealth has ecpn destroyed? Below is a list of 14 years of operating losses showing how much money ecpn has flushed down the toilet. $31,913,719 spent and nothing to show for it. Not completely flushed down the toilet. A fair bit of it went into managements pockets.

This does not count stockholder money pissed away by Gold and Minerals. Or the money shareholders have lost on their stock. Many bought at $0.50 to $2.00. Many bought stock that Larry Lozensky sold into the market. Just before he ran off into the sunset laughing. Well at least society got some absolutely terrible movies for it.

year operating loss cumulative loss
2016 3,159,452 31,913,719
2015 2,264,029 28,754,267
2014 2,778,221 26,490,238
2013 1,742,564 23,712,017
2012 1,918,415 21,969,453
2011 2,381,736 20,051,038
2010 1,279,249 17,669,302
2009 953,649 16,390,053
2008 2,501,610 15,436,404
2007 4,188,702 12,934,794
2006 2,675,875 8,746,092
2005 3,194,228 6,070,217
2004 1,314,320 2,875,989
2003 1,561,669 1,561,669