Member Info for Nobby10

It is nearly the end of July and the shares are still suspended. When will this business begin trading again? Makes you wonder whether it is solely PFK or the business is using that as an excuse to wait for some good news to counter their appalling share performance.

As John days, let's all believe what Poxy and Chris tells us, after believing what Chris has told us over the last 10 years has done us well. Sell out now in my opinion

I will say it again, I will tar the company with the same brush as the old when the majority of the previous management team at Fox is still in place. Read my pre uous post regards the links, this is not a new company, this is a phoenix

I thought Poxy the company was suspended until the auditors find the resources to audit the accounts not until the business is in a position to provide some PR around the money that investors have made into them. Of course you spoke to Chris, you work for him. Someone that is retired but takes the same number of options as the FD has a key influence on the business. I know what goes on at 160 and 172 Poxy.

You know to much TT to not be working for CG. That said I do enjoy picking you and Foxy up on your inaccuracies, I think Sir MLG joined Fox more recently than three years ago as you say below. He was probably brainwashed by CG into a fantastic business as we have all been.

I would also add that this suspension of shares because of PKF has come at a good time for Eco because it would of probably continued to of headed south.

You are so right John, CG has cost a lot of PI's a lot of cash over the years. Foxy M may find him an interesting person but when I have met him I found him someone that was bumbling baffoon with no idea of how to run a business. As I have said previously, he is still calling the shots in the business because he resigned as a disgraced CEO of Fox and then picks up a "strategic advisor", job in Eco with share options. I have never seen advisors/consultants hold share options before. It's ludicrous. It is jobs for the boys in this business and because of his involvement and some of his other cronies I think this business has less chance of success

On the grapevine I have also heard that this case is no longer with Dentons on account of the original lawyer moving on elsewhere. So who is picking up this case? I also agree with you John, 195M claim for a quarry on its loss of earnings, get realistic everyone these licences last for 20 to 30 years and Fox have shown that they can't extract more than a couple of thousand tonnes a year, you will be lucky to get 5M in my opinion. It is all hype and Foxy M and Truro promote that cause they are the same person and work for CG.

Poxy M I think you'll find that they are no longer Queen's Council but now King's Council on account of King Charles III's ascending the throne.

KC's I think Foxy but then you are never one for accuracy

I apologise in my previous comment on the backgrounds of Sir MLG and Etrur, I got their experiences with Fox mixed up. Sir MLG was NED of Fox, Etrur former MD and founder of Fox. I like to be accurate.

Good question TT, I am happy to hold my hands up and say I do not know. Foxy M clearly thinks he knows and his side kick Gaza is in agreement but it would be good to see the evidence instead of just taking their words for it. What is being missed here is that he may not be the CEO but he is managing this businesses biggest contracts, if George's business collapsed due to COVID then fine, but what if it collapsed because it failed to deliver on its contracts or miscalculated costs etc etc. All things that could happen again with George in this role. Also Foxy M talks about a new team. See below the team at Eco;

Sanjay - New CEO, no background

Chris Gilbert - Strategic Advisor (£96k salary, £200k warrants) - former CEO of Fox

Andrew Allner - Chair -former Chair of Fox

Fiona Hadfield - CFO - former CFO of Fox

Sir Mark LG - NED - former MD/Founder of Fox

Etrur Albani - NED - former NED of Fox

Dominic Redfern - Vice Chair - Investor in Fox through Altima Partners

Ahmet Shala - NED - no previous background

So out of 8 senior leaders in this business, 6 have presided in some way in the previous company. How is that a new team?

And before you say, this is a new company with a new mgt team. Is it? They have enlisted CG as a strategic advisor on £96k with £200k of warrants, the man that was incompetent at Fox and led to us all losing our money. I am sure he is calling the shots and poor Sanjay, who I am sure is competent, is a puppet CEO

I am on a mission Gaza to provide the truth through DD to the shareholder community of EB and stop people like you and Foxy sugar coating everything. I was a long time investor in Fox, another business with lots of promise. You recall CG selling millions of tonnes of good quality marble ready for the markets? I think they barely sold a couple of thousand tonnes a year. We all got suckered into investing more for a factory that was going to turn our fortunes around. I saw no improvement when the factory finally became operational, no profit was generated and a complete destruction of shareholder value ensued as the SP dropped to a 1p. I then look at other interests connected with this senior management team like Zenova (ZED). This business came to the market 18 months ago with lots of promise, again share price dropped from circa 21p to 3p and from what I can see £4m of investors money gone. Now you and Foxy asked for me to comment on the latest RNS about George thinking that there would be no negatives, just because I found it through some DD, you two are now not happy. Grow up guys.

"Hasn't been hired to make the company go bust". What a stupid comment. I am sure he didn't setup his family business, or join it to make it go bust, but it did. Question is why? Unfortunate circumstances out of his control or was it down to incompetence? If the later then a bit worrying when he is managing a EUR114m worth of projects for a business with very little capital and I would say actual PM experience behind it. PM is Project Management for the uninitiated.

Gaza, I am only providing a balanced view. After all, you asked me to pick the negatives of the RNS. Happy to oblige

Looking into George a little more closely it looks like his family business went into liquidation last year and I cannot see anything about Wonderfield Properties. So in response to your comment Truro, I think if he didn't join Eco he would be sat at home twiddling his thumbs.

Foxy M everything on your list is talk, I will believe it when it has happened and the company is making a profit. I can talk about contracts but it is not until they are signed and actually more importantly being delivered that shareholders will see the benefit and with development contracts these take time. I know believe me. BTW Are you on the books of Fox/ Eco? Wouldn't surprise me.

That may well be the case but it certainly works in the company's favour in terms of providing some breathing space to a downward SP in the hope they can come up with some good news.

Ha Gaza, you make me laugh. No idea what you are talking about. Since this business has IPO'd there has been no good news from this company. I don't need to explain myself, look at the SP. Speaks for itself.

Suspension of shares as a result of delay in publishing accounts? This lot cannot get their annual accounts out on time, good luck with EUR114m of development contracts. Sell I say.