Replies to post #4181 on EcoSphere Technologies Inc. (fka ESPHQ)

[Recognizer]

We currently have limited working capital. Without working capital or an available credit facility, the Company cannot manufacture
new Ozonix® units and be in a position to seek new customers. We have signed a non-binding term sheet with a Proposed Licensee and have
been negotiating a definitive agreement for the past two months. Assuming we are able to close the transaction, the Proposed Licensee will have
exclusive rights to our Ozonix® technology onshore in the United States oil and gas business, although EES will continue to service our two
customers in the short-term . Additionally, we will retain manufacturing rights. We believe that the Proposed Licensee has the necessary
capital and operational experience to expand usage of the Ozonix® technology. We cannot assure you we will close the transaction. If we are
unable to enter into a definitive agreement with this Proposed Licensee, we will need additional financing or may not be able to remain
operational.

[Logic1]

I have always felt the company should be sold. I believe this is a very good possiblity. The competition is to fierce. Even if they get the funding there is no proof they can outlast their competitors. Lets face the facts it would be better if Haliburton, or Clean Harbor, or Dow buy them out. It would costs nothing compared to money they would make. I feel bad that people like Dennis and others would then not receive the benefit of their reward, but lets get real. Please comment.