EcoloClean Industries (ECCI)

[Crusader]

Yesterday's press release was lacking:

It was lacking in several respects and yesterday's stock price action testified to its inadequacy.

1. It did not say contractually why a plant was being set up in South Texas- who will be the customers? ;

2. It did not say how large the pant would be nor did it say how many and what kind (stationary, mobile or upgraded mobile) of E-C units would be in it- again what size of contract(s) was involved to build the plant? ;

3. It did not say what the terms of any contracts would be, supporting the completion of a south Texas plant- how much will the charge be per gallon nor how many gallons per day would be processed at that rate? .

No wonder the stock market did not know how to discount the news and ECCI's stock price dropped back to almost where it was before the announcement. Price per share depends upon value, or at least it should, and there was little information in yesterday's press release to calculate value.

Still it is nice to know that there are so many opportunities for ECCI's technology and that it will "immediately" be able to start earning revenue from the new plant. They can use the cash to build even more E-C units- without the need to sell treasury stock! (Not that I think they were as so commonly suspected by "Da Bears".) So many questions, so little time.