Effective Control Transport Inc. (fka EFFC)

[kennypooh]

Davidam - In an earlier post, verylong stated that the 60 million was split 50 for RH and 10 for the employees. I don't remember ever seeing that? Do you know if that was so?
http://investorshub.advfn.com/boards/read_msg.asp?message_id=24065640

The 60 million shares for RH and the key employees were to be exchanged for the intellectual property (FOLO System) of the 5 entities. The 9/14/07 legal opinion was a "recommendation", not an actual event. It is now obvious they are no longer following the 9/14 recommendation (for taxation or whatever reason) and 40 million shares are being returned to RH in the form of options. Does that leave the intellectual property in MCCY?

They have a right to change directions for valid reasons, such as tax consequences, but we should have the right to know if what we thought we had has changed. Let's hope it has not, and that the finacials will be out soon. kp