For the longs, here is my continued hope and speculation for ECOS in the near term.
I may have posted something similar before, but the recurring dream I am having goes like this; Monar raises the capital to buy NPU(s) through CAPEX or some other convertible vehicle that Claude P or one of the other execs at Monar have access to. Capex can continue to loan to ECOS, but I think it makes more sense for them to create convertibles notes with Monar. Monar has a direct line of sight from purchasing NPU's, to revenue, with the assumption that M-Fuel does what they say it can do. Since all three execs at Monar know ECOS NPU's and M-Fuel, the chances of successfully bring M-Fuel to marketing for MNAI are ...acceptable. If I recall correctly, Dr. Tri Vu Truong comes from MBT (MicroBubble Tech), and with his degrees in Chemistry and Engineering, he presumably has the perfect background and network to make sure the NPUs run well and as published at Monar. Monar will be in the business of producing and marketing M-Fuel, instead of M-Fuel production being a by-product of the entities core business, such as the core business of electricity production in Chile or the Ukraine.
You may have noticed that Monar is beefing up its web site, which I think looks pretty good. They are quoting test results on the site (see their White Papers on the M-Fuel Technology tab) for Energy Partners Chile on 7/28/2011, which I liked seeing. Their site indicates Monar "secured exclusive distribution rights for M-Fuel technology in Canada and the ASEAN countries, as well as non-exclusive rights for the rest of the world." I only mention that, as I saw another post that indicated it was only Canada. Again, Dr. Truong should be a big help for MNAI / ECOS partnership in ASEAN countries.
That said, I continue to hold ECOS on spikes, and buy on dips until they turn the corner (I hope). I bought more today at 0.0055
With that, my hope is that the next PR from ECOS will tell something of the story I speculate on above, even though that only answers some of our many questions. Like many of you, I am not looking forward to more "irons in the fire" types of PR, but am optimistic this next PR will be more than that and at least report a purchase agreement of NPU(s) from Monar. ECOS has been fairly consistent on releasing PRs, and we are due .. I suspect we will get one in the next week or two. I am hoping that the current gap between PRs was created by the activity with Monar, and that the ECOS PR will be good news about that strategic partnership.
The other factor I am continuing to consider on daily SP swings, is the lack of new buyers of the stock. Even as a buyer, I have gone through months of time where I vowed not to buy more until I see revenue in the financials. I don't know if activities with MNAI and a new PR will result in bringing in many new buyers, as more investors may take the "wait and see" approach with ECOS. As Surf and others have noted, until revenue hits the financials, it is all speculation.
I am lighting another candle today for our, and ECOS success!
Cheers - HB
AI
