Posted this (previously posted here) on iHub - upd
Post# of 4930
Exceptionally smooth progress so far with plans for Eco Innovation Group, Inc to launch as a public company:
John English became President of former Dig-It Under.
Secured agreement for previous subsidiaries within Dig-It Under to revert to private ownership and all previous share interest agreements with former management dissolved.
Eco Innovation Group, Inc registered with NV SOS.
Name change of former ticker to Eco Innovation Group, Inc.
Found a funding partner - Heritage Funding Inc of San Diego.
Demonstrated commitment by buying 77.5M (now 77.5K) shares at 2018 high prices by around June 30 - Heritage Funding Inc did the same.
One day's notice given to shareholders and prospective shareholders of reverse split - via SEC announcement timescale - to give them the opportunity to add significant quantities of share at bargain prices not previously seen (.0001 = .1 now). Many companies don't do this and spring a no-notice reverse split.
Reverse split successfully executed. - opened at anticipated par price with no sell off subsequently.
Company + Transfer Agent got replacement shares to brokers in a very timely manner enabling brokers to allow on-line trading within 2.5 days - (often takes 14 days or more).
New share structure updated in a timely manner on August 31 and exactly as expected with no dilution.
Filed SEC Disclosure regarding new company and business plan.
Company upgraded to OTC Current Pink tier.
Ticker change announced for Sep 25 - case approved by FINRA and executed on time.
Delivered increase in value of shares to shareholders of up to 188% already (for those that bought .0001s / .1s).
Eco Innovation Group Inc (ECOX) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.