post april 30 financing

ECT's sp has suffered due to poor financing choices/timing - nearly everyone agrees with that.

June 09 it ran from 1.7 to 11.5 in 2 weeks on nothing - BUT.... ECT had $2.5 mill cash and no LJ hanging over it!

Now - ECT have little cash and LJ hanging over it. April 30 should change things in a big way.

I was rattling on about an AIM/Pink Sheet listing this time last year. It costs about $400k to list and $200k a year to maintain from memory (ds might be more accurate here) to expose ECT to investors that have a vast appetite for risk that ASX investors will never have.

Its more relevent now - ECT have a live JV with Viet Govt backed Tincom potentially bringing in $10 mill pa and increasing exponentially.

AIM like ASX listed coys that have obscure projects in Africa - how much more will they gravitate to a stock with ECT's potential in low sov risk nations? AIM love this type of stock. Add in Matmor and they will be gobsmacked.

ECT need to list externally asap. We need to raise $$ and advertise the business - AIM or Pink Sheets is the way to go. Takes 6 mths to get it listed - get the ball rolling I say.