Replies to post #17832 on Eco Building Products Inc. (fka ECOB)

[Long-vestor]

Dude, You're riding a dead horse, Home Depot kicked this snake oil out almost 2 years ago:


https://www.sec.gov/Archives/edgar/data/1409885/000112785515000167/ecob8k050115.htm


Item 1.02 Termination of a Material Definitive Agreement




On May 1, 2015, Eco Building Products, Inc. (the “Company”) received a letter from The Home Depot, Inc. (“Home Depot”) that the Amendment #2 to The Home Depot Supplier Buying Agreement, dated as of February 10, 2014 (the “Agreement”) was terminated. Home Depot will continue to sell through any Company products remaining in their stores but as of May 11, 2015 (the “Termination Date”), any pending purchase orders would be cancelled.




The Company believes that the termination of the Agreement is amicable and in line with its current business strategy, which is to focus on Coating Service Only (“CSO”) opportunities affording higher profit margins without the cash burden to perform lumber purchasing and trading. We hope our protected lumber ends up in Home Depot again in the future through one of the lumber traders or producers whose lumber we perform CSO.