EcoPlus Inc (ECPL)

[Sparks100]

They did several things which backfired on them.

They ran a pump and dump about Mid August, while
at the same time (and unknown to a lot of investors)
upping their A/S by a factor of 10 (From 2.5 billion
to 25 billion). Then they turned around and ran a
Reverse Split of 3000 to 1 to get rid of most of the
investors, by reducing them to insignificance, and
by notification of the R/S with as little publicity
as possible. ECPLD, as it is known now, thought
new investors wouldn't notice, but too many of them
did and were scared away instead of being suckered
in to buying this stock.

But ECPLD is not done yet. They are simply biding
their time until they start pumping the company
again. In the meantime, their track record has been
to take actions, secretively, to raise funding for the
company. There is a fair probability that they are
right now engaged in obtaining funding commitments,
by issuing convertible notes, with deep discounts for
the note recipient. Because of this behavior, current
stockholders and potential investors will not know that
the company is being diiuted until several months down
the road.

For anyone interested in this company, be careful because
the company is not transparent in its dealings and the
timely reporting of such dealings.