Replies to post #30133 on E-Waste Systems Inc. (fka EWSI)

[Commander Pennystock]

Lol $12,000

[BettingAngles]

Good DD on EWSI. Get ready for the spin patrol..

[mrfence]

Recently the Asher note was paid 165k in cash. Apparently the much smaller interest bearing notes have been reported as required. Could address your concerns to the CEO. IMO, they will be paid, or renegotiated soon. $EWSI is now a going concern with an almost %25 gross profit margin that exceeds those notes in their total in 30 days time.

Furthermore, the company has gone from 0 revs. to over 8mil revs. 2013 exceeding expected guidance which is projected to be over 14mil by years end.

Cheers!

[buckyboy]

These notes have actually been in default for awhile. Everyone invested in EWSI is aware. Very obviously these are a couple note holders who completely believe in EWSI's ability to succeed. Otherwise they would have taken action a long time ago.

Zero concerns here. The company also paid off three note holders recently, including their most toxic note held by Asher. Seems like the team is managing their capital efficiently while they grow the business/revs at light speed with very little free flow cash.

I love the over 3.2M in Service Revenues that showed up on Q3!!