$ECOX DD - Updated July 7, 2020. ----------------
Post# of 4930
$ECOX Share Structure - Updated June 30, 2020.
Authorized Shares: 500,000,000 [reduced by 76% from 2,100,000,000 wef March 30, 2020]
Outstanding Shares: 135,930,680
Restricted: 133,308,800
Unrestricted: 2,621,880
Held At DTC: 1,441,009
Float: 2,441,009
Note: It is only the Unrestricted Outstanding Shares count that is relevant to trading.
PR Campaign.
The 1st PR from the new company is here:
News - May 13. Eco Innovation Group, Inc. Announces Changes in Executive Leadership, Business Plan.
https://www.otcmarkets.com/stock/ECOX/news/Ec...?id=261885
The 2nd PR from the company is here:
News - June 2. Eco Innovation Group, Inc. Announces Changes in Corporate Leadership and Strategy.
https://www.otcmarkets.com/stock/ECOX/news/Ec...?id=263630
The 3rd PR from the company is here:
News - June 4. Eco Innovation Group, Inc. Announces Appointment of Dr. June Martinez, Esq. to the Board of Advisors.
https://www.otcmarkets.com/stock/ECOX/news/Ec...?id=263870
The 4th PR from the company is here:
News - June 16 [after close]: Eco Innovation Group, Inc. Announces Signing of Exclusive Licensing Agreement for Power Booster™.
https://www.otcmarkets.com/stock/ECOX/news/Ec...?id=264893
The 5th PR from the company is here:
News - June 19. Eco Innovation Group, Inc. Announces Completion of Stage 3 Testing for PoolCooled™ Technology.
https://www.otcmarkets.com/stock/ECOX/news/Ec...?id=265278
Business Plan from 2020 Q2 Onwards.
$ECOX New Business Model 2020 Q2 Onwards Now Confirmed.
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 2.6M.
It is only the Unrestricted O/S that matters for immediate trading.
https://www.otcmarkets.com/stock/ECOX/security
Website.
https://www.ecoig.com/
Trading Outlook.
Hail mary buys on the ask would easily get $ECOX into the .2000 > .5000 range - and perhaps most of the way up to $1 - depending how many legacy pre-r/s holders with small amounts at a cost basis .5 / .6 did not sell for a loss over the last 20 months.
A relatively few number of shareholders - around 25 > 50 from the views per post here - are thought to control a significant proportion of the shares with a cost basis .1000 > .2000.
Catalysts ahead: Power Booster and PoolCooled both due to launch in 2020 Q3 (ie anytime soon).
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.