$ECOX New Business Model 2020 Q2 Onwards Now Confi
Post# of 4930
Relevant extracts from 2020 Q1 Report filed May 15, 2020:
On February 12, 2020, Julie Otey-Raudes was appointed as CEO and President of the Company upon John English’s resignation.
She also acquired 30,000,000, which represented all of the outstanding preferred stock of the company as follows: $50.00 for 15,000,000 preferred from Heritage Funding Inc. and $50.00 for 15,000,000 preferred stock from John English.
On February 28, 2020 Julie Otey-Raudes, took over management and control of the company and transferred all of the IP relating to ECOI’s old business model back to John English.
Ms Otey took acquired 30,000,000 super voting preferred on February 12, 2020 and launched the company into a new direction.
The Company is now an innovation incubator platform devoted to globally important paradigm shifts in technology, sustainable and carbon negative products development and practical deployment worldwide.
ECOX will initially introduce a revolutionary Power Booster for your home and office that will reduce your electric bill by 60% and other energy saving related technologies.
The Company anticipates Joint Ventures with some great inventors, innovators and entrepreneurs.
The Company intends to rapidly scale to address the global need for more affordable, resilient and sustainable renewable energy.
Now OTC Current.
Declared a "Non-Shell".
On March 30, 2020, the A/S was reduced by 76% from 2.1B to 500M.
The Unrestricted O/S remains at only 1.6M.
It is only the Unrestricted O/S that matters for immediate trading.
https://www.otcmarkets.com/stock/ECOX/security
Eco Innovation Group Inc (ECOX) Stock Research Links
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