Incredible! Another 60 million selloff smashdown! Another one of those and it's going to be unsalable on the market. With that there will be not much to say except for some posters talking about how the company will be profitable in 10 years by spending 5 million a year and making 5 hundred thousand dollars per year.
I'm not sure about this report, for one thing it states.
"8. ECT has a quality leadership team. We believe that ECT under Chairman Glenn Fozard has all the skills necessary to realise value from its various technologies."
I would be inclined to agree provided that "value" doesn't in anyway refer to financial value. Going from 2 cents or 1 cents down to 1/10th of 1 cent in a few short years is not the "value" performance I would expect from quality leadership but that's just me. I'm no Pitt Report, just a humble ignorant investor without the Pitt Report's illustrious credentials.
All just IMO.
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