Replies to post #4197 on Eco Building Products Inc. (fka ECOB)

[Long-vestor]

No,, not quite,, close but no tomato..

Redwood is acquiring ECOB's debt which is owed to MRL.. for considerations.. if it completes,, ECOB would be rid of MRL,, but, that's subjective as MRL is, in so many words,, ECOB's product supplier..

I don't know what ECOB did with the money it got from MRL but, more than likely it wasn't cash,, but product..,, value received.. Supply..

Now redwood, who's been the main supply of the millions of stock dumped into ECOB, is assuming that debt.. And ECOB is raising the authorized to 1.5 billion..

Redwood is the TOXIC lender.. IS!!,, all that dumping this year was because of the HUGE discount redwood got on the cash they lent ECOB.. which appears to be 50-60% convertible discounts!!

.003 cents and .0025 cents, was the convertible DISCOUNT, redwood got while the share prices were double and more than double that!!

that's a friggen toxic lender! who without doubt, doubled, tripled, their returns,, as the price only dipped below .005 for a very short time,, , like an hour or so.. DOUBLE!!..

now that redwood is acquiring ECOB's debt, increasing the authorized to 1.5 billion.. , ?? guess who's gonna pay that? considering the toxic convertibles redwood got,, pay that debt, TWO fold!!