Originally posted by prosperman
Despite all the hoo hat this Ann going to be the one specail meeting called we think??? All has gone to Sheet! It seems the skill of the Indians screwing over management for 5 yrs seems never ending! To allow oneself one suitor to hold the cards then slowly slowly bleed one to death decimating the S/p ! I think it’s time management give themselves another wage increase or another generous option to buy shares at a discount, while L/t investors get use to another empty Xmas stocking?? Anyway will not have to wait long we should be all put out of our misery by June 2019. Maybe another Q&A by an ECT rep should do the trick?? Any dialogue by the rep has a 1 day 1 week warranty. While many may say it’s not managements fault! Who is it ?? S/H for not doing their D/D as those in this share would know a long drawn out process with no end in sight!! Anyway we will see when in November no Ann S/P back to 0.07/0.08 , we can all be at ease as the Indians will attend the AGM to tell us their extra keen and it’s fast tracked. Any negative comments are down to management as this would not be allowed to fester if they had delivered on something??? Oops they have their own wage increases and a loan option to screw options holders over on their own failure to deliver?? For the true believers think about that one???Off to work as some have to eRn a living and produce results!!
Evrything below here is my oppinion to stop needing to write imo""
The side show is over, Theres nothing more to see with this. The company has agreed to share infomation with 2 companys from India and they hope that if the 2 companys decide to use it for comercial reasons ECT will make 49% profit from it. And now ECT managers and board who who ever should stop wasting money with traveling to India for no reason unless it is a really good reason. In the mean time option holders will have to pay for the loan they took and interest. And the company has to find a method to show value in the mean time.
Finished. Nothing more to it. Not hype or another singing date will make the price go up. Thats why managers and delagates dont give a hoot about missing sun set promised dates. Now the ECT company is hoping to branch into selling some coldry in other places to show value to share holders. They have a lot on there plate. Sa far they have 1.3 million coming in over how many years. 3 years was it?
So that is your revenue model and all you can expect to know at the AGM. The delagates turning up is to feed the share price for people who do not know how insingificant the India sharing information agrement really is for now. If it becomes comercial then that is 4 years away. A demo plant does not mean anything to Ect. The great big India Show is over except for the rampers.
(20min delay)