Energy Connect Group, Inc. (fka ECNG)

[Huggy Bear]

I'm still here, at an avg of 8 cents. That is alot of dilution, however, it is a long term positive to shed that debt. Obviously the creditor feels good about the company (at least good enough) to convert the debt into shares at nine cents. Thats a pretty damn good deal for them if ECNG returns to profitability this next Q, which will be reported in a couple of weeks.

I'm holding all shares for the long term although it would not be surprising to see some more sliding running into that Q. The companies PR that seemed pretty tame announcing the opening of a new office in Chicago could be signaling a bunch of new business for energyconnect, we will have to wait and see at this point.


malc.