Key Points - Eco Innovation Group, Inc - Issuer Di
Post# of 4997
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Posted On: 09/12/2018 6:53:40 PM
Key Points - Eco Innovation Group, Inc - Issuer Disclosure Filing Filed September 12, 2018.
Digit Underground Inc changed name to Eco Innovation Group on July 18, 2018.
The Issuer has not operated under any other name in the last 5 years.
Effective June 30, 2018, the following subsidiaries were spun off: Haydin Group Enterprises, Expressions Property Limited,LP and Expressions Chiropractic and Rehab Center, PA.
The above subsidiaries reverted to being private entities and the respective share exchange agreements entered into on August 30,2012 and January 5, 2016 were unwound.
A 1:1000 reverse split of the company's stock was effected on August 29, 2018.
As of September 11, 2018, the total number of common shares issued and outstanding is 1,830,680.
The Company’s trading symbol is scheduled to change on September 25, 2018. The Company has requested the symbol “ECOX" - however, the exact symbol assigned is at the discretion of FINRA.
The Company’s current (new) business operates an Innovation Incubator platform devoted to globally important paradigm shifts in technology, sustainable products development, and research, to effectively address large known market potentials driven by natural necessity for practical and meaningful change worldwide.
The Company will strategically nurture private companies toward absorption by the Company, or for initial public offerings, strategic joint ventures or other merger and acquisition transactions.
The Company’s initial project is to prioritize the relaunch of a well-documented, extensively tested, broadly approved and globally celebrated proprietary Affordable Housing Technology, to address the global crisis in affordable housing and construction, whilst effectively addressing the also presently exaggerated worldwide need for secure, extreme-weather and natural catastrophe resistant structures.
As of June 30, 2018, Mr English purchased common stock in a private transaction.
On August 29, 2018, the Company conducted a reverse split of its common stock in a ratio of 1 share for every 1,000 issued and outstanding, reducing Mr. English’s beneficial ownership of common stock to 77,500 shares.
Beneficial Ownership of Shares:
- John English:
-- Preferred: 15,000,000 (50%)
-- Common: 77,500
- Heritage Funding, Inc. of San Diego, CA:
-- Preferred: 15,000,000 (50%)
-- Common: 77,500
The Company is considered to be a "Going Concern"
Digit Underground Inc changed name to Eco Innovation Group on July 18, 2018.
The Issuer has not operated under any other name in the last 5 years.
Effective June 30, 2018, the following subsidiaries were spun off: Haydin Group Enterprises, Expressions Property Limited,LP and Expressions Chiropractic and Rehab Center, PA.
The above subsidiaries reverted to being private entities and the respective share exchange agreements entered into on August 30,2012 and January 5, 2016 were unwound.
A 1:1000 reverse split of the company's stock was effected on August 29, 2018.
As of September 11, 2018, the total number of common shares issued and outstanding is 1,830,680.
The Company’s trading symbol is scheduled to change on September 25, 2018. The Company has requested the symbol “ECOX" - however, the exact symbol assigned is at the discretion of FINRA.
The Company’s current (new) business operates an Innovation Incubator platform devoted to globally important paradigm shifts in technology, sustainable products development, and research, to effectively address large known market potentials driven by natural necessity for practical and meaningful change worldwide.
The Company will strategically nurture private companies toward absorption by the Company, or for initial public offerings, strategic joint ventures or other merger and acquisition transactions.
The Company’s initial project is to prioritize the relaunch of a well-documented, extensively tested, broadly approved and globally celebrated proprietary Affordable Housing Technology, to address the global crisis in affordable housing and construction, whilst effectively addressing the also presently exaggerated worldwide need for secure, extreme-weather and natural catastrophe resistant structures.
As of June 30, 2018, Mr English purchased common stock in a private transaction.
On August 29, 2018, the Company conducted a reverse split of its common stock in a ratio of 1 share for every 1,000 issued and outstanding, reducing Mr. English’s beneficial ownership of common stock to 77,500 shares.
Beneficial Ownership of Shares:
- John English:
-- Preferred: 15,000,000 (50%)
-- Common: 77,500
- Heritage Funding, Inc. of San Diego, CA:
-- Preferred: 15,000,000 (50%)
-- Common: 77,500
The Company is considered to be a "Going Concern"
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A very apposite motto for those who trade successfully in the OTC market..
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A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.