Replies to post #33368 on Effective Control Transport Inc. (fka EFFC)

[rosebud05]

I generally agree with you on that one TFN. I wouldn't recommend anyone playing this stock short term as it is obviously intensely manipulated and shorted. No one can predict the pps day to day accurately on this one. If one wants to invest long term , however, that is entirely different story as the potential is limitless. These forecast are based not on any behavior of the pps but on the fundamentals.

[kennypooh]

TFN - Good point! No CEO has a fiduciary responsibility to Traders, Flippers, Pumpers or Downplayers. This stock is still trading at or above it's original "IPO" price. The original shareholders (to whom a fiduciary responsibility would apply) are not "underwater". They did not drive the share price up to 60 cents nor did they drop it back to 11 cents. I encourage anyone on this board, both old and new, to re-read all of the pr's and filings to date, compare them to the reality of what has taken place, and determine their own "truth". No one should ever use postings of non investors (Traders, Flippers, Pumpers or Downplayers) as criteria for a decision to "invest". JMHO

"His responsibility is a fiducuary one to shareholders...he made claims he must come through. Folks who buy into any PR do it at their own risk and responsibilities...So anyone who is upside down is their own fault..."

[cardinalstlouis]

not so sure i agree and even RH was mad about finding out there was a delay in filing and he states on wesite , " now they want to deliver as promised' -ECT knows they are making claims and it does influence shareholders to buy -look at usxp.ob ,no comaparision to this -just they claimed a 300 million dollar loan and the stock went from 2 cents to .13 cents and the bank said they never signed or promised anything -RH knows is is influencing shareholders to buy and states they are working on fulfilling their promises and from what they have -assume the 131contracts ,things can happen or all 131 contracts will be fulfilled as promised -as they await product delivery -installation and network setups ,then payments -waiting game -and pps has someone dumping it appears -that could cause some unneccessary selling or insiders have tip-converse to OEM deal

[robsaia]

So, TFN, are you saying that one cannot trust any of the PRs put out by this company? Actually, that should not be a question, but rather a statement since its quite clear that is exactly what you are saying.

[defireman]

That's the point. He made claims that have not been proved, and has not been followed on. Hence the market does not have confidence. Coupled with dumping almost every day during the last two weeks, this make for a sure lose stock.