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Jabez Advisory

12/11/17 3:35 PM

#46687 RE: DONT SQUEAL #46686

Thank you DS. Contacted ECOS today reminding them of managements responsibility of keeping the companies financials current and
prudent material information available.

tw2319

12/11/17 4:01 PM

#46691 RE: DONT SQUEAL #46686

Appreciate it man.. (Check the Sticky)


T.

deal guy

12/12/17 2:56 PM

#46723 RE: DONT SQUEAL #46686

Just wanted to note one thing for the record. The free shares are actually about 1-4billion (or less). Based on ecos financials and disclosures it is likely that 6-8bn of the shares are needed to satisfy the converts (could be 2bn more based on 2016 disclosure). They need to reserve another 2.5bn to 4bn for the LRS warrants. SEC rules require them to have shares available that they haven’t issued to satisfy these obligations. If they fail to have adequate shares available they have an 8k event and a likely default under the contracts which gave rights to these shares (convert and warrant agreements)