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Re: vincelong post# 19638

Tuesday, 01/28/2014 7:44:52 PM

Tuesday, January 28, 2014 7:44:52 PM

Post# of 68548
Sorry for the absence but have my real job to do. Been thinking about the increase in A/S for the last few weeks. I think the answer is pretty simple. ECOS has borrowed money from short term toxic debt holders. At the end of Q3 ECOS has $965,000 in debt outstanding. Any time any portion of that debt comes due, ECOS issues shares to the debt holder who sells them in the market.

at .0001 per share it takes 1bn shares to repay the debt exclusve of interest. If I were a betting man (which I must be to be in this stock), a lot of the dilution is caused by repayment of existing toxic loans. This happened in Q4 2011 and Q1 2012.

Anyone want to bet that the CVP investment is another convertible loan where CVP can get paid out by converting their loan to equity and selling their shares.

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