ECFL recently constructed an elaborate Pump and Dump scheme that surely netted buckets of money for those in the know... or those with money to gamble. We had this one figured out as a pump scheme the day before the slew of Pr's were released.
Forum member Jimmybob noted, hours before the PR's started, that ECFL was due for another pump. Sure enough a press release was issued. http://www.pennystockforums.net/forum/forum_posts.asp?TID=75
The needle that popped the balloon occurred when ECFL pulled many of its recent Press Releases last night, likely as an attempt to save jail time by Desmond Pumper... the owner of ECFL whose current assets in ,addition to a late model Motorola cell-phone, now likely include some sort of getaway car, preferably an SUV that can hold all the bags of cash.
Heck Desmond might already be on some sunny Island. The only alternative fuel merging on his mind now is the gas he's got the next day from all the beer he's drinking. The stock tanked from a high of over .04 to a low of .009 today.
As always in OTC and Pink Sheets... buyer beware.
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