surfguy, I usually agree with you, but I disagree that the news has brought the SP down.
The past couple years has seen ECOS sign distribution agreements and letters of intent around the world, with nothing materializing. Still, there was no significant negative drop.
Then, the moment we were all waiting for. Out of left field, the Korean chicken deal, which actually spoke of revenue, and seemed to be a finalized deal mentioning specifics.
This was our best and most concrete deal to date....then, also out of left field, came the ridiculous dilution and subsequent drop from 0.01 to the 0.0005.
The "There is significant doubt that we can continue" stuff was repeated in recent filings, but this was after the SP had already tanked...does anyone know if that phrase is a generic one that is required in filings with X amount of debt, for example? Or were they just mentioning it in filings as of late as a note of caution?
Regardless, I like the buying today and the little jump up. Maybe I won't lose a ton of money over this, and I can take another trip to Europe this summer :)
