DD Support Board and Research Team

[kennypooh]

All of their convertible notes (including Tonaquint's) went into default as of late 2014. FINRA had refused to process the R/S in 2014 because Asher was involved. ECOS had to take Asher out before they could go forward and it took 8 months before the split was approved. The Asher notes were taken out by John Fife and then ECOS defaulted on all of their notes as they had no business or source of funds from anywhere. ECOS had never accomplished anything (other than being a revolving door for toxic note holders) and basically went out of business until they sold an aerobic digester pilot plant (made by a legit Korean company) to Lakeshore Recycling of Chicago last December.

Could legal action from the lenders have forced issuance of all those shares (once the derivative liabilies were calculated as of each quarterly date), even though they weren't yet in compliance? And how would I find that information?