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FN22

06/22/12 11:45 AM

#3007 RE: RookieInvestor1 #3006

RookieInvestor, One big question is what is their current status with FEI? Have you ask them? Thanks for the update by the way.

surfguy

06/22/12 12:31 PM

#3008 RE: RookieInvestor1 #3006

Rookie, FEI told ECOS they have commitments for 100's of NPU's. What I think most of us would want to know is what is the substance of these commitments. Are they in writing? There is no way the NPU's are going to be built without significant deposits upfront. Would you agree? So is there a disconnect with regards to these pronounced commitments and the company or FEI's ability to obtain financing? You would think with "commitments" on hundreds of units, the company would have no trouble obtaining financing.

surfguy

06/22/12 12:42 PM

#3011 RE: RookieInvestor1 #3006

Rookie, get REAL. If this company's product could realistically be worth BILLIONS, Siegel would have money literally thrown at him. And the SP wouldn't be at a ridiculously half a cent.

benji2

06/22/12 5:01 PM

#3013 RE: RookieInvestor1 #3006

Hi Rookie, thanks for your reply. I am just wondering why ECF in Chile is not buying more units. If I remember correctly, they started to use a NPU in May last year - you would think that after more than one year, they would purchase more units if they can save money on each gallon of diesel?
I understand that ECOS is having some cash issues... a contract with FEI where they guarantee to purchase all the units ECOS can produce would be an excellent income security. Let's hope this contract soon gets finalized; that would be the start of a great journey!
I consider the silence from Michael (the CEO) as a good sign if something big is happening behind the scenes; I have seen some desparate companies pumping the market with lots of PR... let's hope in our case that no news is good news.