American Eco (ECGOF, ECX on Toronto exchange) Message Board

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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)

ECX 1.645

-4.4%

Jan 2 3:59 PM EST

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To: david james who wrote (1885)	3/4/1998 9:06:00 AM
From: Mama Bear	Read Replies (2) of 2841

>>>I'd enjoy hearing why they bother you. Just because they represent dilution? From what I understand they should amount to less than 10% dilution every 6 months, starting in September or so, while the revenues of the company should almost quadruple. I can also see nothing in the deal that provides any motivation for anyone to push Eco's stock lower.<<< I really didn't look at the details, so I won't comment, except to say that they are a general red flag. The folks to whom these thing are issued have a tendency to short the underlying to lock in their profit. Good luck with owning these shares, I gotta say I think there are better companies for both long and short positions. Barb

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