The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Why do you definitely think this is worth a punt? They employ about 6 people they have no assets they have no money . Dumb and Dumber have left a mess that the Auditors found hard to work through.
The New CEO's 1st job should be to remove :A mid-cap Latin American exploration company in the making for his new company's website.
Echo still don't have the money to pay it's obligations to MH.
Well Well. Their Well has run dry.
Without going burst this is a close as they could get without closing the doors.
There is no money so as I said the other day the hat will need to be passed around yet again.
Echo Energy only survives in name only.
People with Nothing to say should say Nothing. (before the Muppet's waken this is in reply so I'm saying something)
As for the situation at Echo, I would think they are low on cash so another dip into the Solar market must be due followed by a placement, then back to the normal silence.
Gin Time
How many did they get into the phone box
ABZ
A sad day for you my friend.
Such a quiet way to bow out too. At least you have left with something in your pocket, so they didn't get it all.
I'm awaiting my new Specs sorry for the typos
The got to the country club to discuss their next holiday. They will whittle away whats left here without a care as they have their fingers in other pies and other revenue steams/ This will fold once the start missing and TAX payments as that is the only way this bunch will fold their hand.
The new sequel has been released where
James Bond 0.007p (this when the lights go out for good)
stars in
The Death of Echo
Winnimandala it's call a Lifestyle company it's what keeps AIM going
I found this on another chat site, just thought I would share it :
Companies are run for the benefit of shareholders.
Since Echo Energy were blessed with Martin Hull as CEO in 2018 he has received in remuneration:
2018 $156,383
2019 $389,617
2020 $708,724
2021 $423,704
2022 $343,790
Parsons, as Chairman, has received in remuneration:
2018 $101,107
2019 $185,677
2020 $84,210
2021 $110,304
2022 $92,672
That's $2,596,188.
That's over £2,100,000 between them.
There are still bonuses that have been awarded to Martin Hull that have to be paid when Echo Energy has the money.
You don't get such high quality executives without splashing the cash.
Shareholders have a lot to be thankful for.
These two high class executives have delivered a share price performance from around 10-15p a share to 0.028p per share. (now 0.016p)
Where has all the money gone???
The spell and the spelling police do wear the same pointy black hats so they are often confused as one another.
But yes when it comes to English and English grammar I'm pretty near the bottom of the ladder.
Morning
Be interesting to hear from my good friend ABZ and his take on the Accounts and the latest going ons?
Glad the spell police aren't on my case.
Just ordered my chops..... can't see the RNS but there on the chat I guess we I've been right all these years.
I feel sad for being so right.
£80k has been mentioned. Would buy you some scrubland here to park your car.
P poor
The local Taverna has just opened for busy Friday evening. By the time I get there Echo will have issued another worthless delaying RNS. My Lamb chops that await me will have more backbone the MH & JP put together.
At least with the suspension in place there aren't others being burnt here.
Enjoy your weekend peeps.
The last fairy tale (RNS) was posted at 5.22pm so they still have time to come up with yet another Gag.
Wakeywakey
Positive news from this bunch? If they found their way out of a telephone box that would be taken as a lucky guess.
Follow them to Columbia if you wish but you'll need to lend them you're satnav so they could find it.
34c here in Cyprus, pretty sure JP is in the next villa as there's a lot of laughing.
Win a free a share for correctly predicting the reason the BODs will give for failing to post the overdue accounts by their own revised deadline within their last RNS. To win this highly sought after prize you will also have to give the correct date that they will post the accounts.
Answers on a post card to the FSA
Duracell Bunny more like.
I'm in Cyprus for some sunshine. We can see the steam from here from the only product that they've extracted from you guys.
I'm probably closer to Martin and JP than you guys are back in the UK.
The problem with AIM is that this sort of practice is rife and has gone on unchecked or challenged for years. They have their snouts in the trough too.
The system is a house of cards too.
The only losers are the PI's and pension holders