EcoloCap Solutions Inc. (fka ECOS)

[rino1]

Kart, I'm still hanging in also.It ain't over till the fat lady sings. After doing some more reading about why this enormous increase in potential shares it seemed to me that one of the main reasons they want to do this is their fear of an hostile takeover.They are indeed very vulnerable for a takeover on the open market. If these signed orders are true (wich we still think based on the 8k) then it's very cheap to acquire 51% of ECOS shares on the open market at a bargain. So they want to use the preferred shares and the big potential to dillute any majority in common shares to scare of hostiles who want to grab the company just before revenue really comes in. For me indeed a main reason to vote yes to the plan but for us shareholders an hostile takeover could also be a good thing when the new management is capable of really realizing some revenue.Mmm... maybe Siegel is really brewing on something but doesn't want to loose his company just before the big breakthrough. It's useless to sell your shares anyway at these prices since I paid 10 times as much on average.Rather sit this one out and give them once again the benefit of the doubt based on their recent filing.