ECT 20.0% 0.3¢ environmental clean technologies limited.

"for anyone thinking of buying into good old ESI, be very aware...

  1. 796 Posts.
    "for anyone thinking of buying into good old ESI, be very aware that the company itself is offering hundreds of millions of new shares to any and all comers at $0.006 per share by a never ending SPP run on their web site."

    Thank you for your post hardman. That's golden information for anyone looking at buying into esi.

    This is why I love HC. Sharing valuable information like that can save people a lot of money and stress.

    It's actually hard to believe that a company can do that considering the amount it can affect the sp. Is it legal? Is it common practise for a business to dilute a stock in such a way?

    This might explain why there have been so few esi trades in the past few months. I guess it's a case of 'buyer beware' as no one likes to be stuck with shares that they can't sell.

    Thank you again,

    enjoy your Sunday
 
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