InvestorsHub Logo
icon url

ClarkJ

10/15/06 5:50 PM

#2066 RE: svfamily #2065

Yeah I agree svfamily , btw i made u an assistant on another board , so keep an eye :)
icon url

lea49

10/15/06 6:05 PM

#2069 RE: svfamily #2065

svfamily...

CEO did not post on any boards. This is an exchange of e-mails between a shareholder and him. Actually, it's someone from ECFL's I-Hub board.Please read it again!

"ECFL Alert. Email from CEO below...
(copied from iHUB ECFL board)...
"Email from the company.



From : Desmond Milligan
Sent : Wed, October 11, 2006 19:42 PM
To : James Robinson
Subject : RE: Shareholder question

| | | Inbox

In regards to the merger. We are in the final stages . The merger should be complete by October 13, 2006 . We are expecting to release a press release regarding the finanlization of the merger and the projected revenues expected sometime next week. I had a look at the huge drop in price and I can assure you there is no dilution going on. As you can see there is a huge short in our stock , so do not worry. The price will adjust itself and will be trading in the .70's range and above within a week. In addition we will be buying back 30% of the o/s in a couple of weeks.In response to your question regarding our float, it is currently 95 million. I hope this answers your questions.

Regards,
Desmond Milligan


From: James Robinson
To: Desmond Milligan
Subject: Shareholder question
Date: October 11, 2006 15:08 PM

Dear Mr. Milligan,

I am a current shareholder in your company ECFL. I am just wondering when the merger is going to be complete. Also wondering about the huge drop in price today . Is there dilution going on ? And finally what is the float on ECFL ?
Thank you

James"
- - - - -
icon url

uwlungman

10/15/06 10:27 PM

#2090 RE: svfamily #2065

I sent a copy of that email to the CEO...
at the time it came out, asking if it was genuine, and haven't received a reply.