Replies to post #13225 on Eco Building Products Inc. (fka ECOB)

[Black Beerd]

"Owing taxes is and of itself, not illegal "

WHEW...what a relief huh? lol. What a attribute....I am speaking at a WTC conference and I don't have to legally pay my tax bill. I think this one is funny...Not sure your helping this guys cause or making any shareholders feel warm and fuzzy with that declaration. ROFLMAO...yowza

Chin Up!

[Long-vestor]

Disclaimer: This ought to solve that;

"personal knowledge on the tax issues re: ECOB
(corporate, state, local, employee, excise, resell, income, personal, etc., etc..) "

problem: $2,831,851


http://www.sec.gov/cgi-bin/viewer?action=view&cik=1409885&accession_number=0001127855-14-000084&xbrl_type=v#

Payroll and taxes payable:

Dec. 31, 2013 $2,831,851

Jun. 30, 2013 $2,501,005

Accrued Liabilities

As of December 31, 2013, the Company owed $1,335,704 in past due payroll taxes and accrued penalties. The Company has filed the necessary payroll tax reports with the impacted taxing authorities and is currently on a periodic payment plan. These amounts are recorded within payroll and taxes payable on the accompanying consolidated balance sheet. Also at December 31, 2013, the Company owed $154,491 in past due sales tax in which it has filed the appropriate reports and is making periodic payments.



As of June 30, 2013, the Company owed $1,388,739 in past due payroll taxes and accrued penalties. The Company has filed the necessary payroll tax reports with the impacted taxing authorities and is currently on a periodic payment plan. These amounts are recorded within payroll and taxes payable on the accompanying consolidated balance sheet. Also at June 30, 2013, the Company owed $199,798 in past due sales tax in which it has filed the appropriate reports and is making periodic payments.