Time for ECOS / MS to deliver in Korea as promised. I have been long for years on ECOS (sadly) and a supporter in as much as an investor can support pennies and subs. In other words, I try to be realistic from the start, realizing that 99% of start-ups are either scams, and/or companies with great products and services, that simply cannot penetrate the market.
That said, I have always thought ECOS and its leadership were (I hope) the former, and that they simply have not been able to get over the barriers to entry that exist for earlier adopters of any market. Even successful start-ups have trouble getting traction to start moving.
However, I will lose the faith that ECOS is for real and struggling, if this latest CEO blog is another misdirect away from the contract reportedly in hand - Korean poultry farms and D-20. Esterhol is exciting, but so were CNT batteries, discussions with EXIM, discussions with CEO of Spicejet, discussions with Ukraine housing developers, Chile generators running on M-Feul, LOI's out the wazoo with groups such Native American's for a manufacturing plant, etc. etc., etc. At this point, I don't care if Esterhol is also scientifically proven a quick cure for cancer in addition to being a great alternative fuel.
I don't want to see another play action incomplete pass here, and that is my fear. Videos are cool, but as we all know, can also be easily faked. The SEC doesn't look at videos, they look at financial statements. Revenue is what counts, as faking revenue lands one in the pokey.
This board has always been strong. Together, lets keep the pressure on MS and let it be clearly known that we fully expect ECOS to deliver D-20 as stated, and that we will soon be seeing revenue. I expect to hear about delivery and incoming revenues in the few short weeks, with the appropriate 8K.
Keep in mind that a few months delay may take us into Spring and Summer months in Korea, during which I imagine there is much less (may no) demand for keeping the chicks warm. "Revenue before it starts to get warm" should be our motto.
Board - keep the pressure on MS, as he owes honesty and communication to his few investors. Once/IF the non-toxic debt investors (like us) bail on ECOS, nobody will win - not even CVP, Asher, nor MS, as 0.0000 SP bid means no more salaries to ECOS execs. IMO.
GLTA - HB
