"A somewhat fair point.. however, the past is the past... when a company is showing that they're moving forward and making progress.. that's something to be considered as well.."
Each share of ECOLOCAP (ECOS) will soon represent 1/25 billionth of a public company which has no current assets and a ton of PAST liabilities...and is under the watchful eye of the SEC because of it's past insider enrichment share selling schemes and managements association with previously indicted, sanctioned and fined toxic note buyers.
Experienced penny players know all the signs of a wash, rinse, repeat and know the ultimate result. Regardless of how great the the technology may sound (which is rock solid IMO) ECOS does not own it and can't use it as collateral to borrow against.
LRS put up $100, and a little attorney time, and wound up with air tight legal control over everything. If they want to go public, they can buy a clean OTC shell for around $250,000. They don't need ECOS (the public company) for anything other than Hanscom K's import license and help with by-product sales IMO. If ECOS management can't handle the setting up the distribution channels for the by products, I'm sure LRS can easily correct that problem too, wink, wink.
ECOS shareholders own no part of LRS...only a 50% interest in the private JV, ECOS/BIO-Art LLC..
GLTY and JMO