Kerosene Batch Cost Per Liter: $1.13 - Versus- EcoloCap Solutions Inc. (ECOS) , M-Fuel Batch Cost Per Liter: $0.69
• ECOS has already received monthly orders, ECOS is ramping up production to handle (12,000,000 liters/month).
Michael Siegel, CEO of EcoloCap Solutions Inc. states: “I am pleased to announce that EcoloCap will start producing important revenues on an ongoing basis producing and selling a new blend of M-Fuel in Korea”.
ECOS has already received over $350,000 in monthly orders (5 farms) just from the Anseong area where the tests were held. We are receiving new orders daily as the members of the association are becoming aware of the test results. ECOS is ramping up production to handle the 40 Anseong farms by September (12,000,000 liters/month).
Kerosene Batch Cost Per Liter: $1.13
M-Fuel Batch Cost Per Liter: $0.69
Reference Material----Form 8k February 5, 2013 ( February 6, 2013 )
It was reported on IHUB that there are now 513 million shares O/S. That would be 200 million more than reported at September 30, 2012. If the dillution continues at this pace, I would be surprised not to see a Reverse Split. That would be the only way MS would be able to get the SP out of the deep hole it's in. I would suspect that if that happens, the SP would sell-off fairly quickly.