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Gold/Mining/Energy : Ecoprogress Canada Holdings Inc.
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To: earl brown who wrote (36)2/25/1998 8:52:00 PM
From: Veteran98  Read Replies (1) of 48
 
Dues will be paid. I talked to Mike today and confirmed as much. Mike also discussed getting the company back on solid footing and if what they have planned comes to pass we could see sharp turnaround.
Personally I can't remember the last time that I have sunk my money into such a dog. It becomes all the more frustrating as Ecoprogress has a great story that seems on the verge of becoming a huge success. This company and it's P.R. program has been completely mismanaged in the past so I hope Mike can pull it off. They are going to do a financing for $400,000 to get the ball rolling. The financing will be done on a post consolidation basis(see release). Generally I hate throwing good money after bad but I think if they play their cards right this could turn out to be a big winner. I guess the best way to look at it would be if one didn't own it right now, would one be willing to give it a shot and my answer would be positive. I have played the VSE for many years and some of my biggest winners have turned out to be the down and out dogs like EPO.

10:1 share consolidation proposed

Ecoprogress Canada Holdings Inc EPO
Shares issued 14,599,242 Feb 24 close $0.03
Wed 25 Feb 98 News Release
Mr Michael Daniels reports
The company proposes to consolidate its share capital on the basis of up to
10 old shares for one new share with a concurrent name change to
Consolidated Ecoprogress Technology Inc.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com
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