ChuckCheese as mentioned- if you continue to feel that the company is never going to make it then trusting your instincts might be best-preserve your capitol and move it elsewhere possibly if you feel as strongly as you do.
!
The toxic financings alone cost him millions just on the spread given to the financiers- as for revenues to support operations- that is probably already quadrupled over the last month considering they went from about 7/8 locations moving product to more partners-more locations.
Eco's product and early stages are not that of a product where you just start up a business and get immediate traction in the marketplace- it was almost just a concept company burning cash and now it has gone from concept to being adopted as better building practice by one of the majors in the market and Home Depot opened its doors and so will many others now as most never knew the product existed.
The bottom line is Eco is a flea size company in a gigantic market- around 10 million dollar market cap- thinking financiers don't understand this could be a billion dollar company someday and them sweating MRL debt around 4 million is getting in the way?? not going to be an issue...nope that's not how wall street works.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.