Replies to post #7292 on EcoloCap Solutions Inc. (fka ECOS)

[MoneyJames]

Evidently, FEI thinks ECOS is legit, or they wouldn't have paid them $200,000.

The key to sustaining business, obviously, will be to pay down the debt and generate revenue.

From the Feb. 7 press release:
Michael Siegel, CEO of EcoloCap Solutions Inc. states: “I am pleased to announce that EcoloCap will start producing important revenues on an ongoing basis producing and selling a new blend of M-Fuel in Korea”.

"ECOS has already received over $350,000 in monthly orders (5 farms) just from the Anseong area where the tests were held. We are receiving new orders daily as the members of the association are becoming aware of the test results. ECOS is ramping up production to handle the 40 Anseong farms by September (12,000,000 liters/month)."

If this press release was untrue, what would be the repercussions for Mr. Siegel?