Replies to post #13957 on Eco Building Products Inc. (fka ECOB)

[ChuckCheese]

what are the terms? lots of unanswered questions.

[ChuckCheese]

wow! that is big news. what are the terms? ECOB has been spending much more than that ever 4 months. need to cut expenses more to make this work. but, it should be a great day for the share price.

[Black Beerd]

and there it is as expected...granted a day or 2 late...but theres the lube that greased the dilution wheel....Dilution in full force ..ALL ABOARD the dilution train is leaving the station...you know...the one you said that wasn't happening? Oh this is precious.... now..lets here what the analysis is now?? This was way way WAY to predictable. Hope you aren't impressed with this...we called it...you still have no numbers...no revenue stream...no financials to support anything that's positive. These guys are out of cash...NO CREDIT...Gotta love it!!!

Big Chin Up J45 !

[inthequeue50]

GREAT NEWS!!!!! The best is yet to come!!!Let me break these complex sentences down:

BACKLOGGED DUE TO DEMAND!!!

Under the terms of the agreements, the Company will receive up to $1.4M in capital in equal installments of $350,000 over the next four months, to support the filling of backlogged orders and meet increasing demand for Eco Red Shield,...

1.5M SALES GOAL WITH CASH FLOW IN 4TH MONTH
...with the goal of reaching sales of $1.5M in the fourth month, which will potentially put the Company in a cash flow positive position.

and this sentence.....

FIRST FINANCING INCREASED PRODUCTION TO $2M PER MONTH!!!

Concurrently, the Company received equity financing of $800,000 in two tranches to support the expansion in production capacity at its core manufacturing facilities from $750,000 in production capacity per month to $2,000,000 per month...

AND RETIRED DEBT!!!!

...as well as retire approximately $300,000 in convertible debt financing previously entered into on unfavorable terms.

SUSTAINED LONG TERM GROWTH WITH ASSURED FINANCING FOR MAJOR STORE

In addition, the Company will enter into an expandable revolving credit facility agreement for $1.2M to support its supply chain that will allow the Company to confidently increase its marketing efforts and demonstrate long term sustainability to its Major Big Box Customer.