Wednesday, May 10, 2023 11:27:36 AM
This "company" has been raising millions of dollars annually from regular investors making them believe that they are building a company and they have nothing to show for it. No institution will EVER give funding to a fake company like this with no sales. They have access to their financials like everyone else here. Go look at otcmarkets.com. Type in ECSL and click on the filings and disclosures tab and open up any of the links on the list. There are MANY dated back to 2012.
All you see is the "company" taking on debt every year and issuing private stock for cash but nothing is being done to actually build a business. I repeat, there is absolutely NO WAY any institution will EVER lend money to a "company" like this which already has loans it hasn't paid back, has no sales, has very little assets and is only generating money from the issuance of stock. This has been the model since the very beginning. Nothing has changed and it never will. You are not investing in a company. You are financing the lifestyles of the officers on the company. If you want to see where your money is going, go look at the houses they own. Go look at the cars their driving. Look at their expensive jewelry. This is real talk.
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