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Echo Therapeutics, Inc. Message Board

maynardgkrebbs66 5 posts  |  Last Activity: May 26, 2016 12:00 PM Member since: Jan 26, 2013
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  • Reply to

    sOMEONE GONNA BUY THIS UP QUICK. wATCH AND SEE.

    by pchelp123 Apr 26, 2016 10:26 AM
    maynardgkrebbs66 maynardgkrebbs66 May 26, 2016 12:00 PM Flag

    Easy, Murph, easy. Internet threats of physical violence like you just made are a sure sign of internet porn addiction. Give it rest and get some help.

  • Reply to

    Run By Crooks

    by ivan.radas1 Apr 20, 2016 8:58 PM
    maynardgkrebbs66 maynardgkrebbs66 May 6, 2016 2:05 PM Flag

    No class action lawsuit is possible. The company and the people who run it haven't sold any stock, haven't taken any money out of the company, or lied in company filings. Additionally, there is no pot of gold to go after. No cash balance, no unencumbered assets, and the people who run the company are not deep pockets. Your statement that you purchased at .0005 says it all. Anybody who purchases any stock at .0005 must be prepared to lose all their money with no recourse. You knew this wasn't NYSE or Nasdaq when you bought. Still might pop to half a penny. We'll see.

  • Reply to

    Good Report

    by jobe1098 Mar 15, 2016 5:25 PM
    maynardgkrebbs66 maynardgkrebbs66 Mar 21, 2016 12:11 PM Flag

    Agreed. That's why I rated it a "Buy" in spite of greedy current lenders. Those lenders own a lot of stock. If they would facilitate the re-structure instead of continually taking their pound of flesh, the stock would go up at least 500%. But that would make too much sense.

    Sentiment: Buy

  • Reply to

    Good Report

    by jobe1098 Mar 15, 2016 5:25 PM
    maynardgkrebbs66 maynardgkrebbs66 Mar 17, 2016 5:44 PM Flag

    You are correct. But a $500,000 penalty coupled with the now-astronomical debt service weakens ATEC financially and makes it more difficult for ATEC to get a tenable re-structure done with a new senior lender.

    Sentiment: Buy

  • Reply to

    Good Report

    by jobe1098 Mar 15, 2016 5:25 PM
    maynardgkrebbs66 maynardgkrebbs66 Mar 17, 2016 11:27 AM Flag

    Sorry Jobe, the key announcement was that Deerfield and Mid-Cap are only letting the default slide until later this year. In the meantime, ATEC gets to pay $500K for the pleasure and pay untenable debt service along the way, and they have been completely unsuccessful in finding a new senior lender. Until they get their nuts out of the greedy fists of the current lenders, the stock ain't going nowhere.

ECTE
1.63+0.01(+0.62%)May 27 4:00 PMEDT