Member Info for Merlin2014

Just when you tbink we've turned a corner SP wise ,we get another big drop - sick of AIM generally and this was my big hope but still so many variables to deal with and feels thd BOD are dragging their feet with news.

I've have the misfortune to be invested in CB companies and clearly not aligned to shareholder interests. Dreadful performance and never anything to show for it. I wish we could get him removed from the bod. These directors need to be more accountable for their performance and in this case the sheer lack of it

Not sure if some of these posts are concerns or deramping. Yeah I get all the funding and dilution concerns etc - but remember this wasn't going anywhere with the old board ( who done more harm than good). Some of these new guys seem pretty switched on and you have to ask yourself why would they bother? No deferred salaries were paid and they have done a holding raise- but looks more promising to me at least

I totally agree he has done nothing - previous position where he was ousted. But as they say - no change means no change . These directors need to be made more accountable and should at least have performance related pay.

POC - Would you rather the company go bust with the old guard as that seemed the way it was heading ? Nobody knows the finer details yet, but new BOD seem very experienced- are you happy with not having to settle any payments from the old BOD.

Wasn't looking good a few weeks back and a lot of work to be done im sure - but very promising and appear to be shareholder driven - who knows how high this could go - not ramping !!

I do believe that the BOD should forgo the salaries due to the dreadful performance and cash drain on the company over the years.

Not ramping and think you need to pick the bones out of the update and put it into some perspective - why just sell when it drops heavily. There is a possibility it may rise quickly if these issues are sorted out!!

I don't know why we have put up with this so long!! How can you take 250k a year for doing nothing with erosion of shareholder value? Whatever happens the CEO needs to go and cut this cycle of non performance related salary. The irony will be the so called deferred salary and for what when we had 16 million at one stage- total disgrace!!!

Just wondering what the larger shareholders think about this. Time for PH to leave now as he's had long enough with no success or value to shareholders. Being paid 250k a year for producing nothing.

These lot don't deserve a salary for the years they have bled the company. They have no shame and if they raise money, they will take the deferred salary payment. PH has to be removed for once and all - but won't cos no-one will do anything about. Sorry for the rant!!

My mistake thanks.

Thought I'd make a bit of nuisance and contact the broker (now Cavendish) as its merged for an explanation and they don't have the details of who is looking after Echo - sounds about right!

How come the annual reports/accounts have not been published as promised - all very suspicious but usual suspects involved- the board need to explain what's going on or not!!!!

D9 we really want the company to be run as it had been.? It very well.maybe a lifestyle company now with dreadful performace and failure. The so called management have had far too long to try and bring shareholder value and these people continue to take our money to feed their lifestyles. AB has been removed previously from a company because of this and no confidence. I have no confidence in him and think now shareholders need to action if they want to see any of their investment.

Don't know about everyone else, but nothing good is going to come from AB being in charge - he had to leave or voted out from previous company?

Sorry MH ... you might be over thinking it and especially about holiday periods.

I don't understand why this is not £1 plus with this performance and paying a dividend- shouldn't be stuck at these levels!!

All the morning gains wiped out maybe just profit taking.

That's what you get with Echo. I'd love to see a complete new management but we'll still end up with these clowns!