rino1, I think you just deflated a lot of investors with your info on Asher. In less than 2 years the company's shares outstanding inflated from about 60 million to nearly 300 million shares. That's a staggering amount of dillution. And that's why the SP is in a bad way. And Asher is making out like a bandit at the expense of those who are buying up shares to higher levels like happened a couple of weeks ago. Now the SP is right back in the cellar. How much longer Asher is willing to play discount SP Bingo is anyones guess. But it sure indicates what dire straits Seigel and ECOS is in with working capital.
Wow...I invested in this company because I believed it was on the verge of making it. And MS seems legit.
But it looks like we've been had by the debt financers who crush the SP. The shares owned on this board are a small fraction of the toxic debt shares. I don't know what to think anymore.
So as long as we see Asher in the 10Q we are bound to go lower and see a pump afterwards. Siegel must know this. Does anybody has Siegel's recent mail so I an contact him about Asher or will somebody else ask him about Asher's practices.
Rino1 - I agree. See my just posted novel on same, but I am glad you are on board, and looking closely at this as well. Thanks for all the postings and research. New and old investors need to have eyes wide open on the issue of toxic debt. Cheers - HB
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