Replies to post #32933 on Effective Control Transport Inc. (fka EFFC)

[VERYLONGSTOPPEDDRINKINGTHEKOOLAID]

PwAg, OUTSTANDING POST!

Does it take a rocket scientist to figure out why Raphael, Shin, Gib, Marcial, Ron, Cliff, Yun and Lily would all be meeting in Anaheim? Not to me.

It is almost comical reading the negative spins on what is clearly a real company with revolutionary technology.

A picture may be worth a thousand words, but your visit and factual account of having seen and held the Folo CRAM and spoken with the innovators speaks volumes.

I still maintain that DWP and Telematics are out of the loop.

I especially appreciate this part of your post:

"ECT only needs to sell a measly 50,000 CRAM units "worldwide" over the next 2yrs to make me very rich (annual EPS of ~0.4-0.5 post margin). I think they have the potential to do a "far" greater amount than 50k units...lol. This is not even including Argo unit GPS contracts with Movilnet and VW (= huge). The upside to this stock is insane, but I don't expect many investors here on IHUB(generally a low-brow breed) to get this. Only when this company uplists and smart money checks in (ex brokers able to recommend to clients, Canadian private placements currently waiting in a holding pattern for TSX filing etc) will the market understand. By then, this board will have fallen off the radar.

After my visit to Anaheim yesterday, having finally met RH and Shin in person for a long joint meeting (also made the visual acquaintance of Gib, Marcel, Ron, Cliff, Yun and Lily), having held the production model FOLO CRAM unit in my own hands with a view of the internals, been told in confidence technical specifications/results that will blow minds, folks such as yourself will be entirely embarrassed in short order. I'm actually looking forward to rubbing it in."

[Believer Fever]

PwAg,

Nice Post!

Glad you got to meet RH! Are you planning to buy more after your visit?

"After my visit to Anaheim yesterday, having finally met RH and Shin in person for a long joint meeting (also made the visual acquaintance of Gib, Marcel, Ron, Cliff, Yun and Lily), having held the production model FOLO CRAM unit in my own hands with a view of the internals, been told in confidence technical specifications/results that will blow minds, folks such as yourself will be entirely embarrassed in short order. I'm actually looking forward to rubbing it in.

But wait, you need pictures right? Hmm, that shouldn't be a problem."

I'm SURE DWP would like to see a picture!


TIA

[ajs]

Excellent post as usual.

FWIW my own conservative calculations for gross revenue and MRC (Monthly Recurring Charges) indicate similar numbers as you have posted. With a mere PE of 10, MCCY should be trading well over $4 over next 12 months.

JMHO.

[telematics guru]

Like I said PwAG, more questions than answers...until there is trust, this stock will languish where the market believes it deserves. I thought is was VW Brasil? VW Mexico is meeting with gps companies right now and have no signed deal in place.

If I'm Wellington or Paradigm or GMP (the main houses that do pp's for telematic companies in Canada); what is going to make me throw money at these guys? Do you not think they will look at all the bs in previous pr's and ask to see the money first? Audited financials? I'm sure Barry, Ray and Greg are a lot more interested in the financials then hearsey, which is all we have now. If they are potentially going to do a pp on the venture or TSX, I will be invited (guaranteed).

Where are those 300,000 units right now?
And what the he!! was the public airing out last Friday?
Is this your idea of professional?

Like I said, a lot more questions than answers....even for the low brow investor that visits and posts on ihub...pot, kettle.

Temelamtic update conference is coming up in Chicago; everyone that is anyone in the business will be there? Will MCCY?

that's my 11 cents.

[VERYLONGSTOPPEDDRINKINGTHEKOOLAID]

Welcome PwAg as a new assistant MODERATOR!!!!!