RIESENCHANCE: Ecos Group (ECOS) - 500 Beiträge pro Seite

[ajuga]

Ecos Group, Inc. (OTCBB: ECOS) könnte ein ganz großer Hit werden. Die Aktien dümpeln momentan um 4 US-Cents, was einer Marktkapitalisierung von nicht einmal 2 Mio $ entspricht. Das Unternehmen erwirtschaftet einen jährlichen Umsatz von mehr als 5 Mio $ und schreibt zwar kleine aber immerhin schwarze Zahlen.

Im Juni hat das Unternehmen einen Aktientausch mit dem bislang noch nicht börsennotierten Unternehmen Third Millennium Telecommunications, Inc. beschlossen.
Ecos Group, Inc. plant eine völlig neue Geschäftsausrichtung. Mit dieser Fusion wird aus dem Umweltberatungsunternehmen eine HighTech-Wachstums-Aktie vom feinsten. Third Millennium hat Kunden wie WorldCom und GlobalStar und konnte seinen Umsatz von 375.000 $ 1997 auf 7 Mio $ im Jahr 2000 steigern.

Wie und wann das ganze genau abläuft ist noch nicht bekannt.
Ein Reverse-Split im Verhältnis 1:20 ist geplant, natürlich werden auch neue Aktien ausgegeben. Der Name soll sich in Third Millennium ändern. Tickersymbol dann wahrscheinlich TMTI.

Alles in allem sehr aussichtsreich, gerade wenn man die aktuell lächerliche Marktkapitalisierung bertachtet. Natürlich nur Zockern zu empfehlen!

Ecos Group, Inc. werden auch in Frankfurt unter der WKN 898715 gehandelt.


ajuga
http://www.usmusterdepot.de/


Das News-Release:

ECOS Group, Inc. Announces Share Exchange Agreement With Third Millennium Telecommunications, Inc.
MIAMI LAKES, Fla., Jun 22, 2001 /PRNewswire via COMTEX/ -- ECOS Group, Inc. (OTC Bulletin Board: ECOS chart, msgs) announced today that on June 14, 2001, the Company entered into a Share Exchange Agreement with Third Millennium Telecommunications, Inc., a New Jersey corporation ("TMTI"). TMTI, founded in 1997, is a Master Agent for the sale of wireless telecommunications devices and services for MCI Worldcom and Globalstar U.S.A. in all markets where such devices and services are sold in the U.S.A. TMTI has become the second largest MCI Worldcom wireless distributor in the U.S.A., through building a network of over 250 retailers nationwide.

The Share Exchange Agreement provides that the Company effect a 1-for-20 reverse stock split prior to Closing with respect to its issued and outstanding Common Stock ("Reverse Split"). The number of authorized shares of Common Stock will remain at 75,000,000 upon completion of the Reverse Split. The Agreement also provides that the Company acquire 100% of the outstanding TMTI Common Stock in exchange for the issuance and delivery by the Company of an aggregate of 6,875,000 shares of the Company`s common stock (on a post-Reverse Split basis). The agreement also provides for the issuance of 35,000,000 additional shares of the common stock upon the achievement of certain financial thresholds by TMTI following the closing of the Share Exchange Agreement.

Simultaneously with the closing of the Share Exchange, the Company will transfer (i) all of the outstanding shares of its wholly owned subsidiary, EE&G, to certain members of EE&G Management and (ii) all of the Company`s assets and liabilities to EE&G, in exchange for the cancellation of 6,259,385 shares of common stock and the termination of 6,009,385 options to purchase shares of Common Stock held by EE&G Management. At closing, ECOS will change its corporate name to reflect its new line of business.

The Share Exchange Agreement has been approved by the ECOS Board of Directors and the TMTI Board of Directors. ECOS is in the process of obtaining approval of a majority of its shareholders through written shareholder consent, and is confident of obtaining such approval. Consummation of the proposed transaction is subject to a number of factors, including but not limited to the filing by ECOS of an informational statement pursuant to Section 14(c) of the Securities Exchange Act, completion of due diligence activities by both companies, and a satisfactory third-party Fairness Opinion being obtained with respect to the proposed transaction.

Dr. Charles C. Evans, Chairman and CEO of ECOS, stated, "This is an excellent opportunity for ECOS to generate shareholder value through a move into a fast growing industry with a dynamic, rapidly growing company."

Mr. Michael Galkin, Chairman and CEO of TMTI, added, "As part of a public company, we believe we can utilize the currency of publicly traded stock to further leverage our substantial growth. We have grown revenues from $375,000 for the calendar year 1997 to over $7,000,000 in calendar year 2000, for a compounded annual growth rate nearly 166%."

[floet]

nach meinen informationen gibt es nur 3,2 mio aktien,

was einer marktkap von 120.000 dollar entspricht.

Last Sale: $ 0.035 Net Change: unch
Share Volume: 0 Previous Close: $ 0.035
52 week high: $ 0.2 52 week low: $ 0.03
P/E Ratio: N/A Total Shares Outstanding: 3,178,000
Earnings Per Share (EPS):** N/A Market Cap: $ 111,230
Current Yield: N/A Dividend Amount: N/A
Ex Dividend Date: N/A Beta:* 0.

[floet]

von 30 dollar auf 3 cent,

da muss ja einiges schief gelaufen sein.

sind die überhaupt operativ tätig?

[ajuga]

Nach SiliconInvestor.com:

Last Trade: 0.035
EPS (TTM): 0.01
P/E: 5.56
Market Cap: 1.09 Mil
Shares Outstanding: 31.27 Mil

Hier der Link zur SI-Seite:

http://www.siliconinvestor.com/research/quote.gsp?s=ecos&dom…

[floet]

ECOS Group Inc., which has been in the environmental business since 1993, is a holding company. The Company currently has only one active subsidiary, Evans Environmental and Geosciences (EE&G), a company in operation since 1986. EE&G is a regional supplier of environmental and engineering consulting and testing services to both private clients and government clients. The market for environmental consulting, testing and engineering developed in response to, and is driven by, regulatory and civil liability. Within the broad scope of environmental consulting, testing and engineering services, EE&G offers specialized services in four practice areas: asbestos, hazardous substances, indoor air quality (IAQ) and industrial hygiene



ECOS is engaged in environmental consulting and other environmental related services, including testing and remediation. For the fiscal year ended 3/31/01, revenues increased 16% to $5.8 million. Net income decreased 99% to $11 thousand. Revenues reflect a benefit from the new CES practice. Net income was offset by a lower gross margin of CES practice due to the high usage of subcontractors and the absence of a $276 thousand income from the forgiveness of debt.



Annual Report (SEC form 10KSB)
ITEM 6. MANAGEMENT`S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION
Management`s Discussion and Analysis of Financial Condition and Results of Operations

Introduction

During fiscal years 2000 and 2001, the Company continued to focus on the growth and maintenance of EE&G, the Company`s operating subsidiary, and on further reducing the Company`s liabilities, especially long-term debt. In fiscal year 2001, the Company continued to explore a variety of merger and acquisition opportunities as a means of increasing the Company`s growth rate. The company will continue to explore opportunities during the fiscal year 2002, although no assurance can be given that a merger or acquisition will be made in the foreseeable future.

Fiscal year 2000 was a transition year for EE&G. The asbestos market in Florida, EE&G`s main service area, steadily declined as this limited resource market continues to be depleted with each completed project. This general decline was aggravated by the loss of a few significant clients in this practice in fiscal year 2000. While the revenues in the asbestos practice were generally stable for the latter part of fiscal year 2000, the Company does not expect significant growth in this area and has actively developed other service lines to replace the lost asbestos revenues. The transition was officially marked at the beginning of fiscal year 2001 when the asbestos practice was combined with the indoor air quality practice into a single practice area and a new practice area, the CES practice was established.

The development of the CES practice has, over the last year, proven to be a cash intensive effort. This type of work typically requires outlay of significant quantities of cash at the outset of projects that may not be recouped until collection on the final invoice for that project some time later. The rapid expansion of the CES practice has significantly impacted the overall cash flow of the Company`s operations. During the second quarter of fiscal year 2001, the Company obtained a small line of credit for short term cash flow difficulties and in order to allow the Company the opportunity to approach larger, potentially more lucrative projects. During the Third and Fourth Quarters 2001, the Company borrowed for several days under this line of credit for similar purposes.

During fiscal year 2000, the Company benefited substantially from one-time events such as discounts on loans (see discussion of these items below). The Company believes that the opportunities for such dramatic one-time gains have been largely exhausted and the Company was, during fiscal year 2001 and will continue to be for the upcoming fiscal year 2002, with limited exceptions, dependent solely on operational profits.

Fiscal year ended March 31, 2001 compared to fiscal year ended March 31, 2000 -

During the fiscal year ended March 31, 2001, the Company had net income of $11,456, as compared to net income of $766,206 for the fiscal year ended March 31, 2000, a decrease of approximately 98.5%. The net income for fiscal year 2000 includes a provision for income taxes of $10,986.

The Company has broadened its service areas offered to clients by the addition of the CES practice within EE&G. The Company anticipates growth in this new service area both through attracting new clients and offering more services to existing clients.





The Company`s revenues were $5,846,826 for fiscal year 2001, as compared to $5,042,353 for fiscal year 2000, an increase of $804,473 or approximately 16.0%. The new CES practice contributed $1,265,957 of the revenues for 2001, but this was partially offset by the decrease in the combined revenues of the IH and HS practices which totaled $461,484 less than in fiscal year 2000. Direct costs and expenses were $3,673,805 for fiscal year 2001 as compared to $2,838,607 for fiscal year 2000, representing an increase of $835,198 or approximately 29.4%. The new CES practice expended $967,151 of direct costs for 2001, but this was partially offset by the $131,953 decrease in the combined direct costs of the IH and HS practices. The Company`s gross profit margin decreased to 37.2% in fiscal year 2001 from 43.7% in fiscal year 2000. The gross profit margin for the CES practice in 2001 was 23.6%, compared to the other areas within EE&G for which there was a 40.9% gross profit margin. The relatively low gross profit margin for the CES practice is due to the relatively high usage of subcontractors, as compared to the other practices.

Other costs and expenses were $2,134,342 for fiscal year 2001 compared to $1,967,808 for fiscal year 2000, an increase of $166,534, or 8.5%, primarily due to expenses related to the new CES practice in the current year. The operating income was $38,679 for fiscal year 2001, as compared to $235,938 for fiscal year 2000, a decrease of $197,259.

A $306,854 gain was recognized in fiscal year 2000 on the settlement of a prior year accrual for stock compensation for Directors, Management and employees in the amount of $351,065 that was settled by the issuance of 9,407,039 shares of common stock valued at $44,211. This gain is reflected in Other Income under the caption "Settlement of accounts payable and accrued liabilities" in fiscal year 2000.

On January 17, 2000, the Company settled a promissory note whose balance was $460,851 plus interest of $10,745 for $250,000 with funds from a private lender. A $221,596 gain was recognized on the early extinguishment of this debt. On the same day, the Company also settled a promissory note with a balance of $72,000 plus interest of $22,819 for $40,000 with the Company`s internal funds. A $54,819 gain was recognized on the early extinguishment of this debt.

The aforementioned one-time items contributed to the income before income taxes of $777,192 for fiscal year 2000. Income before income taxes for fiscal year 2001 was $11,456 compared to $777,192 in fiscal year 2000, a decrease of $765,736 and can be summarized as follows:


Fiscal Year 2001 Fiscal Year 2000
---------------- ----------------
Income from consulting offices $ 2,173,021 $ 2,203,746
Corporate overhead (2,134,342) (1,967,808)
Other Income (expense) (27,223) 541,254
----------- -----------
Income before income taxes $ 11,456 $ 777,192
----------- -----------


Liquidity and Capital Resources

The Company had a working capital deficit of $361,370 at March 31, 2001, compared with a working capital deficit of $359,872 at March 31, 2000. This increase in deficit of $1,498 reflects a working capital ratio of .82 at March 31, 2001 from .75 at March 31, 2000.

Net cash decreased during fiscal year 2001 by $44,184 compared to an increase during fiscal year 2000 of $77,973. Cash provided by continuing operations was $26,036 for the fiscal year 2001, compared to cash provided of $200,519 in fiscal year 2000. Cash of $113,605 and $46,753 in fiscal year 2001 and fiscal year 2000, respectively, was used to purchase equipment. The cash provided by financing activities in fiscal year 2001 was $43,385 compared to cash used for financing activities of $75,793 in fiscal year 2000. During fiscal year 2000, $324,518 of related party debts was paid off with a new short-term debt in the amount of $250,000 and internal cash. During fiscal year 2001, the short-term debt of $250,000 was refinanced with a five-year bank installment note. Also during fiscal year 2001 new bank installment loans totaling $55,150 were used to purchase equipment.

The Company entered into subcontractor finance agreements totaling $518,716 during fiscal years 1998 and 1997 and was eligible for reimbursement under the FIPT. Under these agreements, the Company must prepay interest for 12 months based on the published prime rate at the time of funding. Also, at the time of funding, the Company must prepay additional interest at a rate of 5% to a reserve account for months 13 through 18. If reimbursement from the FIPT takes more than 18 months, then interest must be prepaid on a quarterly basis at the rate of prime plus 3%. The Company is liable to the financing companies for any reimbursement denials. The Company must pay any denied reimbursements within 10 days of notification. As of March 31, 2001, the Company had outstanding balances of $251,077.

The Company continues to monitor the recent governmental activities in Florida with respect to changes in the FIPT. See Item 1. Description of Business - Government Regulation. As of March 31, 2001, the Company had claims submitted to the FIPT of approximately $116,000, net of reserves.

The Company intends to continue to fund its current operations from a combination of cash on hand, cash generated from operations, cost savings generated from its continued cost reduction measures, potential increased sales, as well as the use of an established bank line of credit. These sources of capital are expected to fund the Company`s current operations through March 31, 2002. The Company believes that it can experience sustained and profitable revenue growth in the future, although no assurances can be given. However, if the Company does not continue its profitability, or absent alternative sources of financing, there would be a material adverse effect on the financial condition, operations and business prospects of the Company. The Company has no arrangements in place for alternative sources of financing, and no assurance can be given that such financing will be available at all or on terms acceptable to the Company

[ajuga]

Equity: Common Stock $.012 Par, 2/01, 75M auth., 31,271,860 issd. Insiders control approx. 41%. Strategica Capital Corp. own 7%. PO: 9/87, 690K shares @ $3 by Engler-Budd & Co. 1/93, private use of 2.7M shares @ $.75. 1/96, 1-for-4 reverse; 5/93, 1-for-3 reverse stock split. 1/98, Co. delisted from NASDAQ.
Analyst Footnotes: FY`96-`98 Q`s are restated to reflect disc. ops. 10/96, Name changed from Evans Environmental. 7/96, Co. issued 9M shares of Common stock. FY`00 Q`s are reclassified.

[floet]

ich begreife trotzdem nicht was das mit third millennium soll. dieses ist doch eine firma für sonderabfall und asbest, etc.


Charles C. Evans 43
Chairman of the Board, Chief Executive Officer (since 1993)

Dr. Charles C. Evans joined the Company as Chairman of the Board of Directors in January 1993 and has served in that capacity to the present day. Until March 1995, Dr. Evans also served as the President and Chief Executive Officer of the Company. From 1986 until March 1995, Dr. Evans had been continuously employed as President of one or more of Evans Environmental`s subsidiaries. In February 1998, Dr. Evans was appointed interim Chief Executive Officer of the Company, and in June 1998, was appointed to Chief Executive Officer. He currently serves in this capacity and his contract is renewed annually

A


na Caminas 46
Chief Financial Officer (since 1999)

Ana Caminas has 25 years experience in management and accounting. Ms. Caminas was hired in March 1999 as Chief Financial Officer to fill the vacancy left by Mr. Michael G. Baker in July 1998. From 1991 to 1998, Ms. Caminas served as Vice President of J.I. Kislak Mortgage Corporation. Ms. Caminas graduated from Florida International University with Bachelor of Science degree in Business Administration. She has a Master`s Degree in Accounting from the University of Miami and maintains professional registration as a Certified Public Accountant in the State of Florida






Asbestos


EE&G provides the following Asbestos consulting services: building inspections and assessments; laboratory analysis of building materials; batement design specifications; contractor performance and compliance monitoring; air quality testing; training; and expert witness testimony.


Hazardous Substances


EE&G`s hazardous substance (HS) practice area comprised 48% of the Company`s gross revenues in fiscal year 2000. The HS practice consists of professional employees with backgrounds predominantly in geology, engineering, environmental science, biology and other natural sciences. The staff includes a variety of registered professionals, including professional geologists, professional engineers and a certified hazardous materials manager.


The largest source of revenue in the HS practice area in fiscal year 2000 was the assessment and remediation of soil and groundwater contamination incidents at municipal, commercial and industrial facilities. Due to the sensitivity of the groundwater aquifer system in Florida and increased regulatory pressures, EE&G`s clients continued to pursue investigation and remediation of soil and groundwater on their properties that had been contaminated with petroleum hydrocarbons, chlorinated solvents, heavy metals, pesticides and PCBs. EE&G performed numerous design/build services for clients, performing the engineering design, construction management and actual construction and operation and maintenance of remediation systems.


The Indoor Air Quality Practice


Indoor Air Quality Services involve the investigation of unknown agents, primarily in commercial and municipal buildings that are resulting in occupant illness and discomfort. EE&G conducts initial IAQ investigations, and offers comprehensive design solutions to remediate IAQ issues. EE&G`s IAQ services expanded in fiscal year 1999 to construction management and oversight of architectural and mechanical modifications/renovations to building components and heating, ventilation and air conditioning systems relative to building IAQ problems. In July 1999, the Company signed a new contract with Broward County School Board to provide construction management services for mold and mildew remediation projects.


Industrial Hygiene


Industrial Hygiene Evaluations typically involve the collection of air sample data for specific chemical or physical agents, and relating them to established exposure standards. This type of work is driven by the Occupational Safety and Health Administration (OSHA), and takes place in industrial facilities where employees are exposed in the normal course of their work.


Other Businesses


On December 31, 1998, the Federal and State deadline for required upgrades to underground storage tank (UST) systems expired. EE&G continued to obtain a fair amount of business during fiscal year 1999 in the assessment, remediation, closure, design and installation of UST and above-ground storage tank systems.


EE&G actively performed compliance audits in fiscal year 2000, primarily for its industrial/manufacturing clients. EE&G assisted clients with compliance with environmental regulations and best management practices, which typically resulted in waste minimization and costs savings.


EE&G continued to expand its engineering capabilities in fiscal year 2000. EE&G engineers completed projects involving soil and groundwater remediation systems, storm water management systems, sanitary sewer systems, sewer lift stations, pollution prevention equipment, HVAC design and various types of permitting.

[ajuga]

Na ist doch klar:

Mit dem Scheiß, den sie bisher gemacht haben, ist doch nichts zu verdienen. Also musste ein neues Geschäft her. Da mehr als 40 % der Aktien quasi Insidern/Managment gehören, haben diese sich natürlich besonders für eine solche Ausrichtung bemüht. Ist schließlich auch ihr Geld, dass jetzt wieder deutlich mehr werden dürfte!

Und Third Millennium spart die Kosten eines Börsenganges, fast mit einer "Mantelspekulation" zu vergleichen - bedeutet, dass TMTI quasi den börsennotierten aber momentan im Grunde wertlosen Mantel ECOS gekauft hat.

Was mich wundert ist, dass der Kurs nach dieser Nachricht kaum angezogen ist.

Ich habe nach dieser Meldung einen winzigen Betrag investiert, hier in Frankfurt zu 0,05 Euro 4.000 Stück erworben. Mal sehen was daraus wird. Kleine Spielerei ebend. Aber die Chancen auf mehrere 100 % stehen nicht schlecht.


ajuga

[floet]

also

die sind jetzt 1 mio wert bei 3 cent, aber haben immerhin 5 mio umsatz und letztes jahr gewinn.

tmti kauft den mantel und sprengt den asbest schrott in die luft. das management hat aber nur 40%.

der rest freefloat? wenn das management es doch alles weiss, wieso gibt es dann null, aber echt null umsätze in usa? wieso der kurs unverändert, bzw sogar fallend?

schon komisch. sogar alltime low bei 3 cent!

[Sir Tom]

Richtig und vor allem!

Es verdient immer der Makler, ich selber habe
einige Male ECOS getradet und bekam nur Teilausführungen.

Auch bei 50% Kursprofit und einer Zerstückelung
der Orders, ist das keine Freude gewesen.

In Deutschland kaum Handel und die USA interessiert ein
OTC Papier nicht.

Anfragen bei der Firma per Mail oder Fax wurden nicht
beantwortet. Siehe andere Threads dazu.

Gruß,
st

[ajuga]

Die extrem niedrigen Umsätze und ein All-Time-Low sind nach dieser Meldung wirklich SEHR eigenartig. Vielleicht fehlt mir eine entscheidende Information?

Mal abwarten, was da noch kommt. ( ... oder nicht!)



ajuga
http://www.usmusterdepot.de/

[ajuga]

http://www.tmt2000.com/

[ajuga]

Third Millennium Telecom (TMT) is a Master Agent for WorldCom Wireless Services and Globalstar Satellite Phone Systems. Our mission is to be the liaison between Carriers and the retail location by providing sales and technology support and to help dealers effectively manage their existing customers and develop new customers.

Using our extensive knowledge and experience of the telecommunications business, we have developed programs that make it easier for companies who don`t have the industry background, to successfully enter into this highly profitable market. Unlike other agents, we provide a full spectrum of services:


Prompt activation processing
Friendly, experienced and dependable staff
Timely information updates (via the Web, e-mail and fax)
Competitive equipment pricing
Same day shipping
Comprehensive training
Customer Service Call-Center is open 7 days a week
Residuals
Prompt order processing (via the Internet)
Competitive commission payouts - paid on a timely basis

[ajuga]

Nach dem Split stehen 8,157 Mio Aktien aus. Zieht man einen Kurs von 0,03 $ vor dem Split zur Berechnung heran, stünde die Aktie momentan bei 0,60 $ auf Nach-Split-Basis.
Macht eine Marktkapitalisierung von 4,9 Mio $. Der Umsatz von TMTI im letzten Jahr betrug mehr als 7 Mio $.



After giving effect to (i) the issuance of the Exchange Shares, (ii) the cancellation of shares of Common Stock and options held by EE&G Management as described in "Action One" and (iii) the Reverse Stock Split which is described in the section entitled "Action Two" on page 34 of the Information Statement, the Company will have 8,156,999 shares of Common Stock issued and outstanding, of which 6,875,000 shares will be held by the eight current shareholders of TMTI. The shares held by the TMTI shareholders will represent 84.3% of the total issued and outstanding Common Stock, and shareholders of the Company prior to the Share Exchange will hold 1,281,999 shares after the transaction, representing 15.7% of the issued and outstanding Common Stock.

[ajuga]

THE MARKET FOR WIRELESS TELECOMMUNICATIONS

The wireless telecommunications market has been growing at an incredible rate. According to the Cellular Telecommunications Industry Association (CTIA), the wireless industry in the United States had revenues of $40 billion in 1999 while employing 156,000 workers. The CTIA also reported that a new wireless service customer signs up in the United States every two seconds. This equates to 46,000 new wireless subscribers every day. Many analysts believe that the United States and the World market for wireless telecommunications services and products will continue to grow in the foreseeable future.


According to a Merrill Lynch analyst, one-third of all United States households presently have a wireless account.

The research and consulting firm, The Yankee Group, estimates that by the year 2003 there will be 1 billion wireless devices in use throughout the world and that there will be more than $50 billion dollars of commercial transactions over wireless devices.

Motorola predicts that by the year 2004 more people will be accessing the Internet by wireless systems than from conventional hard wire devices, such as Personal Computers.

According to the Cellular Telecommunications Industry Association, "Experts estimate that by 2005 there will be over 1.26 billion wireless phone users around the world".

[ajuga]

10/96: Name changed from Evans Environmental to ECOS Group, Inc.

Gibt es hier nicht noch einen alten Evans/Ecos-Aktionär oder jemanden der die mal im Depot hatte? Evans Environmental wurde in den 90igern auch in Deutschland relativ aktiv gehandelt. Outet Euch!