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Wednesday, October 13, 2010 8:41:18 PM
Anyway, I asked why the stock is so low?
He said they are paying off debt. Got the impression that it was finished with that.
He said the good news is that news from ELCR should be out 1-2 weeks and that it is an appreciable announcement/statement
I asked about a possible R/S?
He stated there is no intention to do this.
He also stated a possible significant event may take place by years end regarding the company but did not elaborate.
I asked if the comapny (ELCR) was legitimet?
He stated that they recieved the Ford quality award and that Ford would not issue that to a comapny that was not legitimet, he further stated that they are recieving the sunbeam autos from china.
He seemed upfront and did not try to sugarcoat anything, just said it the way it is,, That's the best I can remember everything we spoke.
Would be nice to get out of the basement, share purchase limits are restricted now to 99k blocks, not sure why (SEC)
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