Initial Company Information and Disclosure Stateme
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Initial Company Information and Disclosure Statement
Jan 13, 2012
OTC Disclosure & News Service
Burlington, ONT, Canada -
EKO INTERNATIONAL CORP. (the “Company&rdquo (EKNL) announces that an Initial Company Information and Disclosure Statement (the “Statement&rdquo was posted on the OTC Markets, OTC Disclosure and News Service on January 8 th , 2012.
The Statement reports that the total number of Common Shares issued and outstanding as of December 31, 2011 was 28,756,746.
The number of free trading shares is 10,153,136 and the number of shares held by CEDE is 153,199.
On April 27 th , 2007, the Company completed a share reverse split of 300:1 (300 old shares for each new share). Shareholders are advised to check the CUSIP number on certificates that they hold to verify that they are holding new share certificates. The post 300:1 Reverse Split shares bear the CUSIP number 268554201.
On December 3, 2010, the Company completed the spin-off of its Canadian subsidiary known as EKO Canada Corp.
The main operating business of the Canadian subsidiary was Niagara Industrial Finishes Inc. The Company succeeded in financing and commercializing a proprietary metal coating technology. The previous directors of the Company and the majority of the shareholders of the Company voted to acquire all of the shares in the spin-off subsidiary known as EKO Canada Corp. in exchange for the shares they held in the Company. As a result of the spin-off, the Company received and cancelled 218,262,912 shares on December of 2010.
This news release is a report of historical facts. For more complete details please read the Statement posted January 8 th , 2012 on the OTC Markets website http://www.otcmarkets.com/stock/EKNL/financials