InvestorsHub Logo

mustangowner

02/17/18 12:34 PM

#19849 RE: SMA5HN1 #19848

I'll definitely look the next time I am there! Big things about to happen here imho. I may try to load more .0001s next week if they are still available.

MrBeep

02/18/18 4:36 PM

#19850 RE: SMA5HN1 #19848

Eco Building Products got bumped out of H-D a long time ago. Reference this SEC filing:

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

The product was such a slow mover, what you see today is leftovers still working their way through the system. Eco gets no revenue from it. If you look deeper into other filings, you'll see that Eco's H-D revenue was going to one of Eco's many lenders. Eco had defaulted on that loan (for raw wood), and arrangements were made to cut Eco out of the payment loop. Not a good thing for H-D to have to get involved in something like that with a vendor. Your days are numbered at that point.

In short, H-D was a revenue negative experience for Eco. Getting tossed out by H-D was probably the best thing that ever happened to Eco in its entire history.

Under their old name EcoBlu, they wore out their welcome at Lowes, too. It's all out there, too.

These are not negative comments about Eco, as some insist It's just the only sort of history they have. Go find some positive history that's nothing more than a PR that's been verified as false, or a PR that is so vague there is nothing tangible in it. A string of unpaid landlords across the country. Unpaid federal and state taxes. Unpaid judgments against the company. It's all in the SEC filings. Or, will somebody insist they submitted false filings and it's actually a very positive story that they are keeping to themselves? It's one or the other.