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Re: tommy2117 post# 2880

Wednesday, 05/30/2012 3:42:15 PM

Wednesday, May 30, 2012 3:42:15 PM

Post# of 68548
Hey Tommy. I actually think I know you if you are from Cali. I can't say for sure that the future of ECOS is dependent upon my financing or the financing of others, but they do need capital for day to day operations until their product can be brought to market. It really is a matter of needing short term "Bridge" funding which is quite typical in development stage companies. It's not something to worry about but rather gives people like me who do a fair amount of "Angel" investing and bridge loans to capitalize on short term monetary needs.

I regularly lend money to start ups for short periods of time at ridiculous interest rates to help them bring products to market. It's safe for me and provides them with relatively easy sources of cash.

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