Echo Therapeutics Inc fka ECTE

[ramad]

@usob, your frustration of loosing your money and blaming everyone but yourself is not new.
PP did not bring down ECTE. Echo had every opportunity to perform prior to PP no longer being able to fund Echo.Echo's management chose a path to develop a CGM based on their in house technicians and failed. Echo ignored advise to share their technology with a reputable medical device company to develop the CGM being they were very much undercapitalized to do their own rigorous testing to have a workable prototype.MTIA was not the solution. It was Echo's managements greed that hindered the development of the CGM and their reliance on PP to continue to fund them.

Any shareholder had to know that Echo had problems by not informing shareholders of any updates for many months and milestones being missed without any information to the shareholders. Their was plenty of reasons to sell while the shares were trading over $1.50. Perhaps it also was your greed not to sell.
To blame PP for Echo's demise is rediculous or Ramad being they have no affiliation with Echo.
Bottom line is that you can only blame yourself for not taking a more pro active role in questioning Echo on their development of their CGM when management decided not to update the shareholders.
Ramad is not trying to rub salt into the wound but to give you insight as to who is really to blame for your losses.