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rino1

01/28/13 9:06 AM

#4168 RE: rino1 #4166

Last time they converted deb seems to be on november 19, 2012. Found this in the SEC filings about Asher and ECOS

NOTE 12 – SUBSEQUENT EVENTS

During October 2012, Asher Enterprises Inc. converted loans aggregating $29,100 into 20,785,715 common shares of the Company.

Yes boys, the snatched over 20 million shares at a price of .0014

Wauw, and we are currently trading at .0056!!! Wich means if they dump the shares on us today they will still make a 400% profit. I advise everybody not to buy any shares over .0014 anymore. At least that became my new buying level.

This game isn't anymore for those with weak hands and heartproblems. Asher must be smoked out first.Expect some big dumps today if they find out I'm on to them. Just don't buy any more shares from them nomatter how attractive the share price looks. You know their buying price now. Good luck with the fireworks today boys.

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was Honey Badger

01/28/13 1:31 PM

#4175 RE: rino1 #4166

Rino1 - I believe raising the toxic debt issue is socially the right thing to do and applaud you for addressing the issue with the SEC. I had looked at some of the other companies that used TD in the past, and many boards aren't even talking about the subject. That adds to my opinion that this is a highly educated board. I see TD as having found a loophole in the finance system, much in the same way Wall Street was turning sub-prime mortgages into asset backed securities in the mid 2000s before the collaspe. Someone, (SEC, etc.) should have raised a hand and regulated that market. However, I see the big difference being that investors in penny stocks like us, are extremly speculative, where as the collateralized debt obligations (CDOs) and the like were going to pension funds and large institutional investors, not small capital, high risk investors like us.

You are doing the right thing, as this (toxic debt) is glorified loan sharking.