Fabled Silver Gold Corp T.FCO

RE:RE:Latest Canaccord Report

[AyuFan]

Aside from their reasoning.. which is industry wide issue. I think this report means ecs isn't issuing equity for financing. Cannacord is their lead underwriter. Generally they will pump the stock first for the company with stock upgrade then issue shares... By downgrading it.. this means ecs isn't planning to do a public equity raise. Prime example is HMNY ... cannacord keeps pumping the stock while it is clear the company will never meet what cannacord says in the report.. and cannacord knows it.. but they sell shares for them