EcoloClean Industries (ECCI)

[mustangsny]

That was not the game in 06/07. They had people touting this stock including Royce making claims that they had a process that works. They submitted fake PR's saying that it worked and so forth. I myself checked out the one claim in the UK and called the South Crofty Mines and spoke with the GM there. I told him I
was doing research on companies in the same field as ECCI and knew thorugh the pr's issued and through another company in the UK that ECCI used as a conduit to place there machine in his mine.
He emailed me which I have in my possession along with others what actually happened when they ( ECCI) were telling everyone through their PR at the time ( Loren Hicton) how well the process was doing that the machine did nothing and they discontinued the process as it proved out to be no help whatsoever. But ECCI was touting this thing to sell more stock to pay themselves monies as rembursed expenses and so on. They kept diltuing as they came up with new avenues to claim that this process was viable but in the end it was all bullshit. Just to keep drawing from the well until they sucked it dry. It didn't matter what the price was at the end becuase they just kept issuing stock and selling it with new invented stories which if you read all their pr's was total bullshit. They milked it and got away with it to date but nothing lasts forever. I have a file of checked out pr's that is 3" thick of pr's that turned out to be bald face lies. Their announcement by the Cystal City Council awarding them a a loan also was a total lie. The list goes on and I find it interesting that they keep gong like they are immune from the law even though it is a penny or sub penny stock. They have complete dis-regard
for people putting in their hard earned money into this thing knowing that there is nothing. People make and lose money on stocks but it is not to be because of material misrepresentation and fruad and violating shareholders rights which they seem to think they can do. If they fail there is a real reason and it is not suppose to be to bill the company for expenses and salaries and sell stock to give them the money to take it out. That is
a crime. I wonder if they reported all this income on their income tax returns in the year they claim they were suppose to receive it. The law is to get re-embursed for deferred income you have to report it and pay any tax due if due if you want to take down funds at a later date. I am willing to bet they didn't.
But the Internal Rev Service will know. The bottom line is this has been a sham even if you think it was gamble. If you didn't think it was good you would not have bought it. Something or some urging made you buy it. With that being said you thought they had something, maybe but you would not have bought it if you knew it was a total fraud would you? It would easier to go out of your house and stop the first paaserby you see and give him the money you invested in this company and have less aggravation.
I think this should answer your question