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mustangsny

06/04/08 3:57 PM

#5318 RE: Waverider110 #5317

I just read that release again and I see no mention of any
contracts in hand. It's all hope. You can read the PR from UK about how successful they were there and then what happened.
Never a mention again. You know why? Because they weren't
successful, in reality. If they had a contract in hand from a
quality company they would plaster the PR all over the place
and the stock wouldn't be in the crapper where it is now. I
don't know how long you have been in this stock, but i have been in this disaster for over a year and we are stuck and like
you hope a contract will come very soon. I have learned not to get my hopes up on this company. It's always one dissapoinment after another. Iwent through the UK, the lakes
and now the Schale. The way I see it the main hurdle is the CEO
who runs this thing like a candy store. They haven't filed tax
returns in years, he diluted the stock while telling people I know that he didn't and so on and so forth. Now this thing
is going to come to head. The funny thiing is that he is in
the right field and in the right place at the right time but
I really do not know if he is the guy to carry the ball. Look
what the stock has done since the end of march with over 300
million shares traded. Back to no where again. It's pitiful.

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RichieRich49

06/04/08 5:15 PM

#5320 RE: Waverider110 #5317

Waverider, the way I see it is they need to build a stationary unit with the customer's help with the housing and infrastructure in order to prove that it works. If the customer is then convinced that it works to their satisfaction then we should see a contract.

Let's all hope and pray that it does work and then there could be multiple contracts as Devon is not the only company drilling in Barnett Shale.
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printmail01

06/04/08 7:06 PM

#5325 RE: Waverider110 #5317

I agree with Mustang , IF , BIG IF , this company had a signed contract for a unit they would have the news PR plastered from Texas to China and back....Please be real. And before you post > They dont have to disclose the customer to disclose they have a signed contract for a unit so please dont reply with the typical answer they cant disclose the customer....

ALSO > ECCI just sold an "undisclosed" private placement into the market late April 2008. IMPO the PUMP is about to go full throttle.....

REGDEX Notification of a private placement. The form is not electronically filed with SEC EDGAR System and is available only in paper form 1 04/14/08

http://www.otcbb.com/asp/quote_module.asp?qm_page=37617&symbol=ECCI