Eco Logic Company ( ELI ECO ) Update Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Eco Logic Company ( ELI ECO ) Update

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Steve Johnston who wrote (221)	10/6/1998 10:39:00 PM
From: Ichy Smith	Read Replies (1) of 340

OUCH!! Yet another example of a scientist with a great idea, but no business sense to commercialize it. Essentially, the management simply pissed away their (substantial) cash reserves with little or no concern about when the eventual revenues/profits would catch up. Too bad, really. I am still wondering why they thought they needed more stock to offer as performance bonuses..... on the other hand if the Japanese deal ever comes through, the Japanese will owe the company more than the company is worth.......Hopefully someone from outside Canada will buy the company, and then the Government will crow about the process being discovered in Canada and pay through the nose to use it..... I would sell my stock but I hate paying the broker a commission that is higher than the stock value.......

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next