Replies to post #32128 on Effective Control Transport Inc. (fka EFFC)

[DownWithPumpers]

DECREASED O/S for MCCY = INCREASED SHAREHOLDER VALUE!!!!

No, not really. All it proves is that MCCY is Raphael's personal piggy bank and he can add or create shares according to his whim. Still unanswered is the question how many millions has Raphael and his obscene thugs earned so far, and have they done anything at all in exchange for those millions -- except produce a bunch of PRs and claim Raphael is a genius?

[ron139139]

I agree with you. shareholder value will be increased.

[Kouka06]

WELCOME BACK VERYLONG!!!!!

[snow]

verylong

I agree that this is very good news provided the company does well. If that happens the implication is rather that the company will receive about 40 million dollars at some time in the future since RH will of course excercise the options if that is financially rewarding. The excercise price suggests that he expects a big rise in the stock price, which should be reassuring. If prospects are dim which some of the resident bashers seem to think it is more or less an exercise in futility.

[kennypooh]

verylong- When was there a public announcement regarding a 50/10 allocation you refer to? I must have missed it somewhere. kp

"Originally, in exchange for the delivery of the proprietary technology, time, efforts and monies invested by RH, he received 60M restricted shares of which 50M were to be given directly to RH and 10M to key employees."

[Believer Fever]

Verylong,

I agree 110% what you have stated below:

"As I see it, by making the option exercise price significantly higher than even the HOY share price boosts my investor confidence level that he expects the stock price to be much higher long before his rights to exercise the options will expire, and still obtain a huge advantage to be able to purchase stock at what he believes will be LESS than the share price at the time of exercising them."

With 41.8 million shares retired on 10/29/2007, with any type of buying pressure, this stock should begin going North at a steady pace.

NOBODY EXPECTED THIS NEWS!

If a "MEATY" PR is released, many investors will be chasing!

If investors are sitting out on the sidelines, waiting for MCCY to uplist to the TSX, what kind of buying pressure would that have on the PPS of MCCY as those people buy shares.

What is next for us shareholders Monsieur Huppe et Monsieur Lemay?

[string]

This is a nice, concrete, and verifiable move.
RH, good on ya mate.

Long term this will have a dilutive effect on the SP. However, if demand is real, and that turns into real contracts and revenue, that effect should be limited.

[2win]

correct. the announcement was positive- see the market response.