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Friday, April 09, 2010 10:28:22 AM
Penny stocks operate in an unnecessary culture of fear resulting from ignorance of or inability to research info sources.
I have no inside knowledge but do have accounting and law degrees and have skimmed the April 1,2010 97 page annual report(most pages dealing with 2006 merger that created the company)and have read the Houston attorney letter received April 8,2010 by pinksheets.com confirming the annual report(financials are typical for a penny Co. and over 1 Million was spent in operating activities last year) and that it was audited by a CPA and gives address etc of the attorney,CPA and the transfer agent.
There is no reason to doubt the attorneys letter.
All this and more is available to anybody at www.pinksheets.com.
Co. website is www.echosatcom.com
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