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Gold/Mining/Energy : Eco Logic Company ( ELI ECO ) Update -- Ignore unavailable to you. Want to Upgrade?

To: Ichy Smith who wrote (251)3/30/1999 9:01:00 AM
From: Don Beals  Read Replies (1) | Respond to of 340
 
The company's cash reserves are running out with only $536,000 left. Maybe they will be able to find a benefactor. They seem to have many irons in the fire (some quite hot i.e. the Japanese contract), but some of these potential contracts have to become actual before the money runs out. If the technology is promising financially why hasn't anybody bought the company?



To: Ichy Smith who wrote (251)3/30/1999 11:16:00 AM
From: Steve Johnston  Read Replies (1) | Respond to of 340
 
Points well taken. I would still argue, however, that Eco Logic has done a dreadful job "selling" their unique, environmentally friendly process to either the movers and shakers on Bay Street, or to the government, either directly, or through lobbying/advocate groups. If they don't correct this deficiency, it won't matter where they reside. Regards.


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