Have not posted for a while but good to see serious shareholders communicating. Have to agree that ECT should focus on getting the job done rather than responding to HC postings HOWEVER they should be much more proactive with their corporate website.
This would satisfy most shareholders who just want to see some momentum. It is also not difficult to do.
In the meantime, ECT is in the best situation in its history and share prices are much lower than in the past when previous management spent loads of time pumping the stock and no time doing any real work on deals, IP etc.
So much for the ability of the marketplace to value a company. IMO this stock is currently undervalued in terms of its potential however potential has a defined window of opportunity.
By the way, I appreciate HOTROCK'S questions though IMO there is nothing more common than great technology/ideas which fail due to poor execution or market timing issues so cannot agree with your investment decision-making process though we both arrived at the same conclusion.
ECT is a long shot whose odds have improved due to better management and the current market for its technology.
The next steps need to fall into place in the next 6 months.......lignite supply, Tincom progress, and more deals which go past MOUs.
No matter what, positive cash flow will not happen for X period and this period needs to start sooner rather than later.
If the market can better define WHEN cash flow will start, then shareholders will sleep better and be well rewarded for their patience.
ESI Price at posting:
5.7¢ Sentiment: LT Buy Disclosure: Held
