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Eco Building Products, Inc. Message Board

  • hginoug hginoug Feb 19, 2013 6:27 PM Flag

    Q2 out----Conboy needs to go !

    383,944,985 issued as of Feb 19, 2013
    351,648,883 was issued as of Q2 ending Dec 31, 2012
    290,961,316 was issued as of YE June 30, 2012

    With a couple million still able to convert their notes to free trading shares and the other millions in loan debts we can expect the Transfer Agent to be a busy group.

    MRL is somewhat covered as ALL inventories, property and equipment has been pledged as collateral against their debt.

    nice to see CEO is owed $800k as a liability loan...should be sent packing as he has destroyed this company !

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • hginoug... not sure where you live, but you sound like someone who lives out of this country... the USA that is. While you're out playing hockey on the weekends, Conboy is out holding town hall meetings trying to help people rebuild after hurricanes and fires. It looks like your only concerns is Conboy's debt, not about bulding a foundation and infrastructure for an industry movement - paradigm shift - since the technology and products are no longer a question. I'm still a believer in this American brand like I was the twinkie... Have fun with your curling, tea time and poutine

    • Fire him? There is nothing left of the company to recover or repair.

      Accumulated deficit of $27,962,725.
      Operating expenses are more than double revenues.

      Stick a fork in it. It is DONE.

      • 2 Replies to thebudmt
      • WELL wer can't let Vuoozo go either as he owns the patent... i can't link it so you need to google public pair patents ...login and patent public file number is 20120121809 HOW Vuoozo can be the inventor and patent owner seems shady!

      • Who do you suppose get the "Professional Fees"? Conboy's other companies as in the past?

        "Operating Expenses - For the three months ended December 31, 2012, our total operating expenses were $2,694,517 as compared to $1,719,661 for the three month period ended December 31, 2011. Included in our operating expenses for the three months ended December 31, 2012 were compensation and related costs of $635,078. Professional fees included in our operating expenses for the three months ended December 31,2012 amounted to $608,866. Other significant operating costs we incurred during the three months ended December 31, 2012 included rent of $207,858, consulting fees of $99,700, marketing of $197,506, research and development of $36,801, and other general and administrative costs of $899,475 Our operating expenses for the three months ended December 31, 2011 consisted of $649,145 of compensation and related costs, $226,784 of professional fees, $96,037 of rent expense, $32,461 of consulting fees, $37,585 of research and development expense, $44,079 of marketing expense, and $619,840 of other general and administrative expenses."

 
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