Replies to post #48179 on EcoloCap Solutions Inc. (fka ECOS)

[Edge247]

Indeed......Volunteers are people too.....lol

[Penny chatter]

Just trying to keep the community safe for you and me.

[kennypooh]

"They help us out for free hahah"

BTW did you notice the ECOS switch from toxic funding to conventional LOL?

http://ih.advfn.com/p.php?pid=nmona&article=76356963

NOTE 6 – LONG TERM DEBT

Note payable to a bank in monthly installments of approximately $2,491 inclusive of interest at 39.00% per annum. $75,000
The above obligation is personally guaranteed by an officer of the Company.

$30,000 a year ($150,000) in interest payments plus a $64,000 balloon after 5 years.
Borrow $75,000, pay back $214,000 (out of shareholders hip pockets)?

At least it gives investors an idea of how conventional lenders view ECOS's business prospects?

I guess they had to do something to keep the lights on during the dump?

Maybe some news will turn this around soon?