Connexus Corporation (CNXS)

[VeronicaFox]

I haven’t followed that particular stock so I don’t have all of their consolidated tapes, but from looking at the recent historical numbers, just like CNXS, ECOS has had numerous weighted average trade transactions with “Form T” or “W” or “Avg” noted in the column labeled TYPE on the consolidated tape. That is sellers unloading large Blocks of printed shares into the market. Their broker sells to retail at market price through the day and then they discount their commission from the averaged price and buy the shares from the block position at the total averaged price less the block position fee / commission (in this case $0.000098 and $0.000099)) and post to the tape since the cost is different from what they sold to market. So yes, just like CNXS which has mostly been at no bid, it appears ECOS is in the same price range and is also diluting into every trading day with decent to huge volume.

I don’t know who their CEO and toxic financiers are but CNXS has Conrad Huss as CEO and predominantly Stephen Hicks (aka Southridge, aka ASC Recap) as one of their toxic financiers. These mega-diluting CEOs have no respect for their shareholders.