kennypooh Friday, 08/04/17 10:45:12 AM Re: None Post # 124438 of 124874 Go ECOS...Ecolocap dropped a bomb on common shareholders yesterday by doubling the A/S to 20 billion and swapping all debt for restricted common shares. Since they're non-reporting (almost 2 years delinquent), won't the restrictions have to be 12 months rather than 6 months?
janice shell Member Level Friday, August 4, 2017 12:29:55 PM Re: kennypooh post# 124438 Post # 124442 of 124874 Go Since they're non-reporting (almost 2 years delinquent), won't the restrictions have to be 12 months rather than 6 months?
Yes, unless they find some kind of exemption from registration they can use. Or aren't entitled to, but think they can get away with.
kennypooh Friday, August 4, 2017 3:22:00 PM Re: janice shell post# 124442 Post # 124491 of 124874 Go "Or aren't entitled to, but think they can get away with."
Thanks...that one fits my thoughts the best LOL. Respond | No replies
I think your conversation with janice shows that even IF you were right... they cannot even bring those shares to market for 12 months... WHICH I KNEW.
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