El Capitan Precious Metals Inc (ECPN)

[pointbreak33]

Money and John Stapleton.Company has to keep defending it's self from J.S. trying to take the company back to BK it and regain it for pennies on the dollar.There are a couple of liens on the property that keeps the company from raising money from selling shares.J.S.and his buddies left the company basically insolvent,wich was the plan from the get go.Balding has trouble raising money,just doesn't have the contacts.The last press release wanting to raise $1,000 from 1,000 shareholders was against SEC regulations.$500k would get the company rolling again,but it's that old story of crying wolf to many times.The $500 k would get the liens paid off,up to date on all filings,attourney fees etc,and bulk scale testing started.Ay other capital needed,could come from selling shares.Rumor is there is some interest,but nothing yet has come of it.Stapelton wants it real bad,because he knows the value in the property.Gitreal would tell you,he wants it to keep scamming investors,but those days are over.Only someone who knows for sure there are P>M's,will invest.