Replies to post #111582 on Billionaire Boys Club Member Forum (BBCMF)

[rrufff]

EKCS .48 x .50 I'm adding some here. This is one that should turn around soon IMO. Margin issues could be temporary, but, in any event, priced in giving how far it has come down.

RUNNING ABOUT 8 MILLION in revenues – which is a big increase but margins down to 22% as they use more subcontractors which have higher margin SGA up about 35% which seems high COULD GO TO 14-16 MILLION VS. ABOUT 9 MILLION SHARES.

ELECTRONIC CONTROL SECURITY INC.
3/21/06 prospectus 4,122,855 Shares of Common Stock
and our telephone number is [phone].


Business Editors

CLIFTON, N.J.--(BUSINESS WIRE)--May 25, 2006--Electronic Control Security Inc.
(OTCBB: EKCS), a leading integrated security provider and manufacturer of
perimeter security systems announced today that it completed a $3 million plus
contract financing commitment from Amerisource Funding, Inc.

Under the terms of the contract financing, ECSI will avoid any further dilution
since no shares of stock or warrants will be issued. The company is paying
interest at accepted industry rates for contract funding. A maximum 20-30 day
turn around is estimated from date of invoice to date of payment.

Arthur Barchenko, President of ECSI, commented, "This contract funding
arrangement is a significant step forward for the company and, I believe, our
shareholders. We intend to use the contract funding on a selective basis to
facilitate significant sales growth and to meet stringent supplier demands as
well as delivery schedules required by our customer."

The financing was completed once the four accredited convertible debenture
holders agreed to the terms and conditions of the intercreditor agreement with
Amerisource. In order to obtain the convertible debenture holders' approval,
ECSI agreed to decrease the conversion price of the shares from $1.15 to $.75
per share
Based upon this financial arrangement, ECSI was able to ship approximately $3.5 million in equipment today for the U.S. Air Force under the Integrated Base
Defense Security System..



About ECSI


ECSI is recognized as a global leader in perimeter security and an effective
quality provider for both the Department of Defense and Homeland Security
programs. The company designs, manufactures and markets physical electronic
security systems for high profile, high threat environments. The employment of
risk assessment and analysis allows ECSI to determine and address the security
needs of government and commercial-industrial installations. The company has
teaming agreements with ARINC, Hudson Marine Inc., Lockheed
Martin Transportation & Security Solutions, Parsons Infrastructure & Technology
Group, SERCO, Inc., Tetra Tech, Inc. and other industry leaders. ECSI is located
at 790 Bloomfield Avenue, Bldg. C-1, Clifton NJ 07012. Tel: [phone]; Fax:
973-574-8562. For more information on ECSI and its customers, please go to
http://www.anti-terrorism.com.