Shark infested waters? Look at Amelot Holdings (AMHD) as an example of a .0001 stock and compare to ECCI. AMHD has had a bid of 0.0000 for 9 months!!! I could have easily been sucked into AMHD, but thank Love (universal wisdom) I was not...I do not think I am messing with people who hide, do not put out financial statements, and accurate shares outstanding, and are not reachable by phone anymore. I have messed with PSUD, VSUNQ, and ECCI. I think I lost $600 in VSUNQ overall, but in all three I could have lost SIGNIFICANTLY more if I didn't get out when I did. I believe these are shark infested waters.
I was in ECCI from last August (2008) through February (2009) after being sucked in thinking it was a hurricane play...I found it Googling for hurricane stocks. I was mad at myself when I had initially invested $420 and then really mad at myself when I allowed myself to be sucked in last December (2008) on two press releases and increased my position to $4200; 10 x my original investment. My average cost basis after those purchases was 0.00019 including my commissions.
I was pretty pissed off when many of you that were for this company started bashing it (see past posts from December through January); the the stock declined to zero for two months.
Crusader, I am sure you are a great guy and you probably deserve to make a killing on this stock.
I just wish everyone would use their energy much more productively (align and synergize) and have everyone win in our society instead of us all playing these silly games trying to make a buck...isn't that what we are all trying to do...make "mad" money?
If you guys take this to court, please let me know; I will likely make a statement to back your claim.
I urge many of you that post often here and have done your due diligence like I have to chat with me offline...