ECAU News 08/13/2014 08:42:33 $ECAU Bid growing Yep,

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Jake13
ECAU News 08/13/2014 08:42:33 $ECAU
Bid growing
Yep, added more .0036 here... intraday chart oversold and this one tends to bounce pretty hard when that happens
ditched at .0043 back in @ .0036
$ECAU Loading more on the dip, loks like we got ourselves a runner here!
4 Million bid in
Same as yesterday,but today all Day Runner i guess
Here's the morning dip like yesterday time to pick up the cheapies before the big move.
So thin,boooom coming IMO
load time
.01 END OF DAY HUGE NEWS COMING
Cause he wants everyone to go buy BCAP that he is pumping and isn't even trading! hahahahhaaaaaa
ASK Superthin here
GOING UP FAST Y'ALL CHASE IT NOW!!!!!!!!!!!!!
$ECAU Loading..
No Gap,Gotime
Really strange...but what shalls
Getting boring bro,Take some Shares Long and u good
You're a broken record. Give it a rest

ECAU$$$
NOT GOOD SIGN!: The Company received notice of default on August 4, 2014 in a letter from Magna Equities II, LLC


Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.

The Company received notice of default on August 4, 2014 in a letter from Magna Equities II, LLC (Formerly known as Hanover Holdings I, LLC) after failing to repay the remaining principal amount and accrued interest of $350,766.67 in accordance with the terms of the Senior Convertible Note dated January 3, 2014. The default due to non-payment resulted in a default penalty of 25% of the outstanding balance at the time of default.

The Company had previously disclosed that the Company was notified by UFF that the Company was in default on five promissory notes, with an initial aggregate value of $710,000. The maturity date for such promissory notes was extended to June 16, 2014. On August 5,2014 UFF sent a letter demanding repayment.

The Company’s default and inability to pay obligations as they become due constitutes an event of default under certain of the Company’s other outstanding indebtedness resulting in default penalties and in certain of the agreements an automatic and immediate acceleration of the debt obligation.

At this time, the Company does not have adequate liquidity to repay any outstanding obligations and does not expect to be in a position to timely file its periodic reports and 10-Q due August 15, 2014. The Company is exploring options to restructure the business.

http://www.otcmarkets.com/edgar/GetFilingHtml...D=10133199
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