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KART4445

06/26/13 11:57 AM

#7470 RE: dreamx #7469

Thank's for the update dreamx,now we have to hope we get the votes? i need a drink again. Should be very interesting Friday.
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MB25

06/26/13 12:08 PM

#7471 RE: dreamx #7469

In other words...we are going to dilute the crap out of the stock, just not on the retail market.
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MB25

06/26/13 12:16 PM

#7472 RE: dreamx #7469

Now why do you think he would tell you of this critical need in an email (while "supposedly" hoping for a yes vote) instead of detailing in advance this need through a proper PR so that the vote would be more assured? Perhaps someone at the meeting can ask him why he needs this form of financing (highly dilutive) instead of another form of financing that will not harm the current shareholders?
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wplong89

06/26/13 12:24 PM

#7473 RE: dreamx #7469

I can't verify the validity of your email unfortunately but I have always been of the thought of a private placement ever since the proxy for an increase in A/S. Best solution IMO
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dreamx

08/10/13 1:42 PM

#7806 RE: dreamx #7469

I have some news from MS!

I had a phone call with MS and an email.

First of all, ECOS now finally got the required shares
(yes votes), to raise the capital from a major institutional
investor.
MS repeated that there are sales orders, but that ECOS is a too small copany to get financing from the banks, therefore he needed
that Toxic Debt Financiers!
I also know that the Chilean unit is never been paid, due to bank
problems of that Chilean company.

In my opinion there is still hope on better times!!!
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dreamx

09/13/13 1:17 PM

#8175 RE: dreamx #7469

I sent an email to MS about new investors, his answer:
"We are looking to bring in an institutional investor directly
into the company".
Now we know that, it is still not the case unfortunately!
However if and I repeat only if, that new investor becomes reality, the share holders are better of, I hope (IMO)!!!