Echo Therapeutics Inc fka ECTE

[ramad]

@hemopure36, your forensic study means squat. The only one that can bring heat on echos past and present executives and board members is the SEC. If they find cause that they violated SEC rules they can sanction the officers not being able to be an officer of any public company, fine them and/or with sufficient evidence have the U.S. District attorney bring criminal charges against them.

Ramad is convinced that the SEC has received info from large shareholders to look into how Echo had been conducting business.

As to a forensic study it's fruitless, you do not have access to their physical books emails, or phone calls to individuals that Echo stated any priveledged info that Echo was not acting accordingly to the SEC regulations.

Ramads sees Echo defense as very poor management decisions and lack of funding to their failure. Unless any shareholder can prove that they received inside info from either an officer or director the SEC will not waste their time.
The one important fact that can hang Echo and their management is that they held back material info to the shareholders if fully investigated by the SEC.