EcoloClean Industries (ECCI)

[mustangsny]

I think you are right co-pilot about the r/s. Someone I know spoke to the big guy in the last few days and it was mentioned to bring the float back to the pre-existing float of 2006, about
70 million which would mean a 12,500 to one r/s. For Royce it makes sense because his stock he received in 2007 was non-dilutable so he would have a field day to put this back into the float as he controls the company with his preferred stock he awarded himself also as per the 2007 SEC report. All he has to do
is come out with some PR that sounds good and sell into that. Also after the r/s he can start again with a new dilution. It's sweet for them as now they retire all that stock out there and
control the sells. It's not about shareholder value here. Someone on the board asked if could do something with the BP spill. Can you believe that one. They cannot even get a contract to purify toilet water in a condo project yet let alone due an oil spill with the three machines they have which at this time must be rusting from non use. Glad I bailed on 90% on the last two runs, it's been nothing but a hoax from day one.