$ECOX / WRA Holdings Merger Overview - Updated Nov
Post# of 5155

Note
This totally revised Overview is just on the "new" $ECOX and merger with WRA Holdings, Inc.
I have deleting references to all the other subsidiary businesses in $ECOX's portfolio until it's clear whether they will still be encompassed in future or sold off when the merger is completed and the name change aligns with the new business direction.
Also, all the trading profit opportunities surges for 2021 to 2024 have been deleted.to make way for the now more relevant huge amount of detail to be added in the coming days, weeks and months as more PRs are released and articles found.
New CEO: Richard C Hawkins wef April 2, 2025
Intent To Merge With With WRA Holdings, Inc.
Initial Detail - 1st PR [source: PR dated November 7, 2025]
- Intent is to pursue a share-exchange merger under which WRA's operating business will merge into $ECOX.
- This will align WRA's expansive infrastructure and environmental redevelopment projects in Costa Rica with $ECOX's public-company framework and governance standards.
- WRA's master plan includes:
-- A national railway and logistics corridor connecting Costa Rica's northern and Caribbean regions.
-- A new international airport.
-- Waste-to-energy facilities.
-- Water purification and coastal restoration programs.
-- Regional medical infrastructure.
- Together, these initiatives are designed to modernize transportation, strengthen trade efficiency, and generate sustainable economic growth across the Caribbean Gateway region.
- Initial development phase - 2 major projects - around $800M in planned infrastructure investment.
- An estimated $3B in projected gross revenues during the first 5 years of operation.
- Includes these 2 integral components of Costa Rica's broader $3.8B to $5B national rail and environmental redevelopment program:
-- Waste-to-energy facility in Abangares.
-- 50% interest in the Pacífico Railway Line.
- Comments by CEO of $ECOX:
-- "This merger marks an important new chapter for Eco Innovation Group"
-- "WRA's vision represents a significant leap forward for Costa Rica's connectivity, energy resilience, and community development."
-- It's exciting to watch $ECOX enter this next phase of growth as we help enable WRA to realize its transformative infrastructure goals."
- Comments by CEO of WRA Holdings, Inc:
-- "Taking WRA public is a pivotal moment in our journey."
-- "It opens the door to broader partnerships, international investment, and the transparency needed to advance our national infrastructure mission."
-- "This step brings us closer to delivering lasting value for Costa Rica and its people."
- Name and ticker change anticipated upon completion of definitive agreements and required approvals.
- Positive response from Instituto Costarricense de Ferrocarriles [INCOFER], Costa Rica's national rail authority, on November 13, 2025 regarding WRA's ongoing efforts to advance the National Railway Master Plan for the Republic of Costa Rica.
- In the coming weeks, WRA and INCOFER will coordinate a formal meeting to discuss the Master Plan in detail and to explore potential pathways for collaboration models .[source: PR dated November 13, 2025]
Detailed Plans for Infrastructure Building in Costa Rica
Additional detail given in PR dated November 10
https://www.accessnewswire.com/newsroom/en/bu...co-1100003
Visioning Package
https://drive.google.com/file/d/1O1ecFP33pwJ1...OYPN4/view
Costa Rican Media Articles
Tico Island - September 2, 2025
"Limón’s Transformation Underway with Massive Infrastructure Investment"
https://ticosland.com/limons-transformation-u...nvestment/
Tico Times - November 11, 2025
"Group Unveils Vision to Upgrade Limón Costa Rica"
https://ticotimes.net/2025/11/11/costa-ricas-...ups-vision
2025 Q3 filed November 11, 2025
Confirmed the Anticipated Merger.
Current Tier: OTCID
Share Structure - Updated November 7, 2025:
Transfer Agent Verified
Usually updated week after close Friday - view Saturday
Authorized Shares: 12,000,000,000
Outstanding Shares: 4,686,434,881
Restricted: 383,572,035
Unrestricted: 4,302,862,846
Held At DTC: 4,091,653,526
Note 1: It is only the Held At DTC Shares count that is relevant to current trading provided it is updated at the same time as the Unrestricted Outstanding Shares count.
Note 2: Relatively low Held At DTC Shares count - only 4B - for a stock in the .0003 > .1 range.
Note 3: Convertible notes payable as at September 30, 2025 less than $600K - has declined continually since to date - manageable compared to other OTC issuers - company intends to fully settle balance upon completion of the merger with WRA Holdings if not sooner. [source: PR November 12, 2025]
Note 4: No new debt financing in over 3 years and company does not intend to pursue dilutive financing arrangements going forward. [source: PR November 12, 2025]
Note 5: Company is currently in negotiations with the Preferred C holder to settle their remaining balance of ~$32,500 as of November 12, 2025. High levels of dilution November 7-12 were due to this class of debt. [source: PR November 12, 2025]
Note 6: Company remains committed to resolving this balance and has committed funding in place to settle this. The Company's efforts are focused exclusively on negotiating favorable settlements with remaining legacy creditors to eliminate these obligations and strengthen the Company's capital structure in preparation for the proposed merger. [source: PR November 12, 2025]
Note 7: Company has retired a significant portion of a preferred stock position that had previously been associated with high levels of potential dilution. No new securities were issued in connection with this retirement. [source: PR November 13, 2025]
2025 PRs
News - July 10. Eco Innovation Group Provides Company Update Highlighting Strategic Advisory Division.
https://www.otcmarkets.com/stock/ECOX/news/Ec...?id=485423
News - November 7. Eco Innovation Group Announces Letter of Intent to Merge with WRA Holdings, Inc., Advancing Costa Rica Infrastructure and Environmental Redevelopment Initiatives.
https://www.otcmarkets.com/stock/ECOX/news/Ec...?id=499207
News - November 10 - After Close. Eco Innovation Group and WRA Holdings Share Detailed Plan for Costa Rica Redevelopment
https://www.accessnewswire.com/newsroom/en/bu...co-1100003
News - November 12. WRA Holdings to present the National Railway Master Plan for the Republic of Costa Rica on Wednesday for government review and approval
https://www.otcmarkets.com/stock/ECOX/news/Ec...?id=499664
News - November 13. Eco Innovation Group and WRA Holdings Report Positive Response from INCOFER on Costa Rica National Railway Master Plan.
https://www.otcmarkets.com/stock/ECOX/news/Ec...?id=499889
2025
Moved from .0001 > .0002 on April 29 - 100%
Moved from .0001 > .0002 on April 30 - 100%
Moved from .0001 > .0002 on May 1 - 100%
Moved from .0001 > .0002 on July 10 - 100%
Moved from .0001 > .0002 on July 11 - 100%
Moved from .0001 [previous close] > .0004 on November 7 - 300%
Moved from .0003 > .0007 on November 10 - 133%
Moved from .0004 [previous close] > .0009 on November 11 - 125%
Moved from .0002 > .0003 on November 12 - 50%
Recent Trading / Trading Outlook
$ECOX has given an excellent return on a regular basis for anyone who watches continuously, is patient and who always has some shares that can be traded in any range it runs to on surges - even if they just jump in on the ask on serious move days.
With only 4 Billion shares Held At The DTC, a new CEO and PRs starting on November 7, 2025 for the merger and large infrastructure project in Costa Rica, we can expect continued trading action and large surges for the foreseeable future.
The PR dated November 7, 2025 - which stated a reverse merger with a company that could do $3B in revenue with the first 5 years - would clearly put the pps much higher than the previously estimated .01>.02 range on the existing Outstanding Shares of 4.686B for the "old" company.
Every 1M bought at .0003 whilst still available is worth a profit of $9.7K - $97K per 10M - at .01 - or $19.7K - $197K per 10M at .02.
The difference in profit levels even at .0050 - let alone .01 or .02 - is insignificant between lots bought at .0003 or .0004 - especially for those wanting to guarantee getting at least 20M > 100M.
November 7 - the day reverse merger PR came out also stating a likely name and ticker change ahead:
- All .0001s were cancelled before the open.
- All .0002s were taken out in the first few minutes by 275M+ in buy orders placed before the open and a further 40M bought by 0935.
- .0003s all taken out and .0004s started with significant buys 10M/20M at a time.
- Nobody got .0002s on the bid after .0003s were gone.
- Subsequently, a few amateurs sold some more .0002s at .0003 just prior to the close.
- 1.75B traded .0002 > .0004.
November 10:
- Excellent day for $ECOX.
- 1.99B traded .0004 > .0007.
- Closed .0007 with a 2M buy at 15:59:19
November 11:
- Opened with a gap up to .0008.
- Only a few people got .0007s on bid.
- .0009s started and some were able to trade from .0008 and .0007.
- A considerable amount of 1>3-year old convertible debt was being traded as evidenced by exact duplicate entry trades in red and green [later confirmed by company in PR nest day].
- Over the course of the session, even bids up to 350M > 400M were whacked at each of the points .0007 > .0003 - unprecedented in the OTC - 2 price points often seen but 5 price points was clearly an effort to get the job done quickly to move forward.
- However, at .0003 there was a simultaneous buying in a single second of all the walked down .0003s that went on the ask when people panicked.
- Thereafter through to the close the ask was .0004 - with a closing size of 305M - only net 40M more than before all the .0003s were traded.
- Overall, 2.755B traded .0007 > .0009 then .0007 > .0003 closing .0004 with a .0003 bid of 37.5M.
November 12:
- Opened with 18M buy at .0004.
- When ask not hit aggressively enough at .0004, as seen day prior, more convertible debt sold on the bid at .0003.
- Amateurs who may have been influenced by bashers stacked the walked down ask at .0003.
- Only 2 x 20M trades went off at .0002. Any that went to one-tick flippers has probably already been bought by the ask buys at .0003.
- Total ask buys on walked down .0003s was 99M.
- Ask at close 94M left.
- Bid increased to over 1.3 Billion.
- Reversal appears to be underway.
- 610M traded - majority at .0003.
Not a financial advisor - just stating what I'm basing my trading decisions on.
I will be holding some $ECOX in my portfolio throughout 2025 and into 2026 for long-term growth, trading some on surges from the bottom up too and reloading on any dips.
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.