ECA Marcellus Trust I V.ECT.H

Primary Symbol: ECTM

Energy Oil & Gas E&P

ECA Marcellus Trust I (the Trust) is a statutory trust. The Trust does not conduct any operations or activities. The Trust's purpose is to hold the Royalty Interests, to distribute to the Trust unitholders cash that the Trust receives in respect of the Royalty Interests after the payment of Trust expenses, and to perform certain administrative functions in respect of the Royalty Interests and the Trust units. The Trust owned royalty interests in the 14 Producing Wells and royalty interests in 52 horizontal natural gas development wells to be drilled to the Marcellus Shale formation within the area of mutual interest (AMI), in which Legacy ECA holds approximately 9,300 acres, of which it owned all the working interests, in Greene County, Pennsylvania. The Trust also holds royalty interests in over 40 development wells that are in production. Its subsidiary, Greylock Production, LLC, which operates subject wells. The Bank of New York Mellon Trust Company, N.A. serves as Trustee.

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ECA Marcellus Trust I > consolidate without publicizing their intentions

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Comment by pandazzle127on Jul 20, 2019 9:45pm

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Post# 29943560

RE:RE: consolidate without publicizing their intentions

Itdontmatter, I have seen that practice now that you have mentioned it. That should not be allowed. Companies know that if they advertised well in advance, shareholders will sell out but then no one will buy so we are in the same boat. I think if a stock starts at a penny that should remain the starting point. The stock exchange should not allow consolidation to happen in the first place. It's my opinion. No more penny stock for me. I purchased a stock at 18 cents and it went up to 28 cents. I did not sell because I thought it will go somewhere. It went down to 2 cents so I purchased another 200,000. Then the consolidation took place. I ended up with 1,184 shares at 4.39 per share. Nasty. Should not be allowed. This is something that should be looked into very seriously.

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