Replies to post #7291 on EcoloCap Solutions Inc. (fka ECOS)

[MoneyJames]

Though it would have a negative impact on the share price, temporarily, getting out of debt is necessary.

If they can find other means to pay off the debt, that would definitely be preferable.

If you recall in 2011, ECOS received $200,000 from Fuel Emulsions International as a purchase order for NPU's, which showed on the May 15, 2012 10-Q filed with the SEC.
Link: http://www.faqs.org/sec-filings/110415/ECOLOCAP-SOLUTIONS-INC_8-K/exh101.htm

The agreement then came to a standstill, which could have happened for a number of reasons (lack of financing for ECOS, or FEI or EPC not having the funds required? Who knows...
March 23, 2012 article: http://www.smallcapnetwork.com/EcoloCap-Announces-Standstill-Agreement-with-Fuel-Emulsions-International-ECOS/s/via/7473/article/view/p/mid/1/id/114/

Notably, from that article:

- "Commenting on the development, Michael Siegel, CEO of EcoloCap Solutions, said that the faith of shareholders in ECOS will not go unrewarded and ECOS has been searching far and wide for the best partners to capitalize on its game changing technology."

And a reminder of how quick ECOS can take off with some good news:
- "The development has sent EcoloCap shares sharply higher in today’s trading. At last check, the stock was trading 50.62% higher at $0.0241 on above average volume of 20.54 million. The stock has gained 980% in the last three trading sessions. "

I realize that with the shares in the market, a pop like that now will take some serious buying power. But good news brings buyers. I hope that good news is around the corner...

[MB25]

Not sure what final decision you think needs to be made. It was apparent from the request to increase shares that the debt would be covered by additional share distrubution once the increase was approved...and I have no doubt it will be approved if that is what management wants. Ordinary shareholders will have little say.