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should bounce and run soon
in for a few months
Bounce time for sure!!!
RSI OVERSOLD AREA
MACD BULLISH DIVERGENCE
$ECOX daily chart https://stockcharts.com/h-sc/ui?s=ECOX
$MITI Mr. Diamond reflected on the growth of the Company, noting, “At this point last year we had three employees compared with a total of 23 on staff today. We have 20 employees in The Good Clinic subsidiary, including 14 healthcare professionals, five (5) in management of the subsidiary, and a three-person senior management team at the holding company level. The quality and commitment of these professionals gives me confidence that we can become a significant player in the industry, and one with whom our clients can have confidence.”
When asked about the financial benchmarks, he commented, “While the overall market continues to be receptive to our healthcare offerings, revenue has been slow to build, the through-the-door traffic growth is picking up speed, and we expect revenues will begin showing the value of our solutions over the coming months in greater measure. Key providers in the insurance arena are adding our operations to their reimbursement roles, further showing our growing creditability in the marketplace, and increasing our reach and revenues.
“In summary, we remain laser focused on growing the business for the benefit of our customers, employees and shareholders. As a management team and company, we expect to continue to perform against our goals every day going forward. We thank all of our shareholders, and employees for their contributions.”
$MITI In 2019 the Company entered into discussions with the team that built Minute Clinic™? (the “Minute Clinic” and previously known as Quickmedix) about a new venture aimed at comprehensive primary care for the consumer. In February 2020 Mitesco entered into a formal agreement with the team that built the Minute Clinic and began building the business plan. In September 2020 the first clinic under our “The Good Clinic” flagship brand began construction. The following are some important benchmarks achieved to date:
The first The Good Clinic opened in February 2021, and there are now three (3) open and operating in Minneapolis.
Upon completion of the clinics in the construction phase, we expect there will be a total of eight (8) clinics in operation by the spring of 2022. The clinics in the construction phase include: the first two (2) locations in Denver, CO and three (3) in the Minnesota’s Twin Cities metropolitan market.
Our stated goal is to have 50 operating clinics by the end of 2023 and we remain committed to that objective.
We have been successful finding the capital needed for our growth plans from institutional investors and our management team has contributed funding as well, demonstrating their commitment to our strategy.
$ECOX ECOX Spruce Construction, Inc., ECOX's California subsidiary founded in January 2022, has applied for a General Contractor's License in the state of California and is managed by Edgar E. Aguilar of Blueprint Construction, the Responsible Managing Officer of ECOX Spruce Construction. ECOX Spruce Construction is ECOX's second green construction subsidiary, following the 2021 establishment of the Company's Canadian construction company, Spruce Engineering and Construction of Alberta.
$ECOX The Company began work in Hyannis on February 21st. ECOX's management believes that ECOX Spruce Construction may be in a position to renovate additional retail locations for this merchandiser, with over 1,000 stores in North America, as well as other opportunities. The Company has set a goal of achieving $6 million in revenues from related projects in the 2022 fiscal year.
"ECOX Spruce Construction has the capacity to reach our financial target with our current pace of project acquisition. In January, we signed a commercial renovation contract with Davaco for a U.S. military base in California, this month we break ground on a commercial retail renovation, and we intend to continue acquiring and completing green construction projects," stated Julia Otey-Raudes, CEO of Eco Innovation Group. "The end client here is an iconic Fortune 500 brand in the domestic U.S. retail market, and we are very excited to have broken ground on this project in February 2022."
$MITI Larry Diamond, CEO of Mitesco, said in regard to the progress that the Company has achieved in 2021, “It has been a busy year so far, and as we look at our plans ahead of us, it is important to reflect on how much progress we have made.”
$MITI Eagan is the largest city in Dakota County, Minnesota. It is the eighth-largest city in the state, with just over 67,000 people. This south metro community is equal distance to both downtown Minneapolis and St. Paul and is just across the Minnesota River from The Minneapolis-St. Paul International Airport. It is home to more than 2,000 diverse businesses and is one of the Minneapolis-St. Paul region’s largest employment and corporate campus centers. Eagan businesses range from sole proprietorships to large Fortune 500 firms, which have made it the highest job growth community in the metro area during the last decade according to the city’s community development department.
$ECOX The contract was awarded by a large project management firm engaged in the development, transformation, and maintenance of real estate in both the public and private sectors, to Edgar E. Aguilar of Blueprint Construction, the managing officer of ECOX Spruce Construction. Through a construction services contract with Aguilar and Blueprint Construction, ECOX fulfills all aspects of Blueprint's active contractor and subcontractor agreements.
$ECOX Eco Innovation Group, Inc. (OTC: ECOX) ("ECOX" or the "Company"), an innovative company developing new green energy solutions, is excited to announce that ECOX Spruce Construction, the Company's green construction subsidiary, has been contracted to provide all services to renovate a retail location of a major U.S. merchandiser in Hyannis, Massachusetts.
$MITI Mitesco, Inc. (OTCQB: MITI) ("Mitesco" or the "Company"), a leading operator of wellness clinics that combine technology and personalized, whole-person primary care, announced it has executed a lease for its sixth site in the Twin Cities, co-located with the new Minnesota Vikings training facility in Eagan, Minnesota.
"The chance to join the burgeoning neighborhood along with the new Minnesota Vikings football training site was just too good to pass up," said Larry Diamond, CEO of Mitesco. “This area includes thousands of new apartments and condominiums and should provide a new embedded client base for our The Good Clinic™? services offerings. This new store location complements our current Minneapolis sites, and we believe it will allow us to leverage our marketing and staffing investment, making us a mainstay in the Twin Cities."
$MITI With over 250 businesses, Arbor Lakes consists of four distinct shopping areas: The Shoppes, The Fountains, The Village, and Main Street. Combined, Arbor Lakes offers one of the largest concentrations of retailers in Minnesota, including one-of-a-kind independent stores, specialty chains, national brands, plus a wide variety of restaurants (casual and fine dining), hotels, and a large selection of personal and professional services including banking, dental, beauty and spa centers.
$ECOX "ECOX is working on opportunities to install green technologies to bring powerful technology to market," continued Otey-Raudes. "ECOX Spruce Construction is an important piece of that puzzle. We are in the process of ongoing negotiations with other recognizable major US brands for significant contracts in that capacity, and we look forward to announcing more details as soon as possible."
$MITI The Arbor Lakes development is a commercial and residential district located in downtown Maple Grove. A 600-acre former sand pit purchased by the city in 1990, Arbor Lakes is centered around a series of lakes and community parks. The concept for this major development is a classic American main street design that encourages pedestrian and business activity, is accessible, and intended to serve people of all ages and abilities.
$MITI “With our new site in Maple Grove, our presence and momentum in the Minneapolis marketplace continues to grow,” said Larry Diamond, CEO of Mitesco. “Thousands of young professionals, families, and seniors live in rental communities, single family homes, and condominiums within a short distance from our Maple Grove clinic, making this an ideal location for our healthcare services. We expect to open our Arbor Lakes site in early 2022.”
$ECOX ECOX Spruce Construction, Inc., ECOX's California corporation founded in January 2022, has applied for a General Contractor's License in the state of California and has a non-binding LOI in place with Mr. Edgar E. Aguilar of Blueprint Construction for Mr. Aguilar to be the Responsible Managing Officer (RMO) of ECOX Spruce Construction. ECOX Spruce Construction is ECOX's second green construction subsidiary, following the 2021 establishment of the Company's Canadian construction company, Spruce Engineering and Construction of Alberta.
$ECOX Under the new contract, ECOX Spruce Construction will staff, administer, and manage all operational functions of the intermediary (Blueprint Construction) to fulfil its active contractor and subcontractor agreements.
Julia Otey-Raudes, the CEO of Eco Innovation Group, commented, "The eco-renovation market is booming right now, and we are excited to have market positioning that allows ECOX to capitalize on that blossoming trend and provide needed construction services to some of the many companies and organizations working to transform existing facilities into more eco-friendly and efficient operations."
$MITI Mitesco, Inc. (OTCQB: MITI) (“Mitesco” or the “Company”), a leading operator of wellness clinics that combine technology and personalized, whole-person primary care, announced it has a fully executed lease for its fifth Twin Cities Good Clinic™? location in the Arbor Lakes development area of the northwestern Minneapolis suburb of Maple Grove, one of the fastest-growing communities in Minnesota. This expansion in the Arbor Lakes development area is a part of The Good Clinic’s goal to open seven clinics in the Denver, Colorado and Minneapolis–Saint Paul, Minnesota metro areas by the end of 2021.
$MITI The Quincy is a 28-story, 359-unit, luxury apartment community with stunning views, unparalleled amenities, and an iconic design. The amenities include a rooftop deck with a glass-sided swimming pool that hovers over the building's edge. A resident lounge, fitness center, yoga studio and first-class management complete the community. The building also includes 16,892 square feet of street-level retail space along Curtis Street. The newest location of The Good ClinicTM is a part of the retail development at the site. The Company expects the new location to be operating in the first quarter of 2022.
$ECOX Eco Innovation Group, Inc. (OTC: ECOX) ("ECOX" or the "Company"), an innovative company developing new technologies for green energy solutions, is pleased to announce that ECOX Spruce Construction, ECOX's green construction subsidiary, has signed a construction services contract with an intermediary to conduct a renovation of commercial facilities at a U.S. military base in California.
$MITI “In line with our plans to expand nationwide, and with our Minneapolis plans nearly complete, Denver becomes our second anchor marketplace. Downtown Denver sits at the center of a region with one of the most highly educated and fastest growing labor forces in the nation. Denver is one of the only metro areas to grow its labor force since the Covid-19 pandemic began – continuing a decade of growth, according to The Downtown Denver Marketplace organization. This makes it an ideal location for us to develop a long-term client base,” explained Larry Diamond, CEO of Mitesco.
“We signed our first Denver location recently in a property developed by LMC, Lennar Corporation’s multi-family division, the fourth largest apartment developer in the U.S. With the new site at The Quincy we continue to align ourselves with developers that represent expansion potential nationwide. Shea Properties, the developer of The Quincy, is a diversified real estate company engaged in the acquisition, design, development, construction, leasing, and management of business parks, shopping centers, apartment communities, and mixed-use environments. Currently, Shea Properties owns and operates approximately 10,000 apartment units and 6 million square feet of office, industrial and retail space in California, Colorado, and Washington, with a strong pipeline of future projects, with potential to align with our growth strategy.”
$ECOX "Prime's technology will make an outstanding addition to our pipeline of eco-friendly energy solutions," stated Julia Otey-Raudes, CEO of ECOX. "We look forward to working with Keith and his team to take that tech from demonstration level to commercial prototype, pilot projects, and manufacturing for commercial sale."
Last month, financial institutions controlling over $130 trillion and at least 19 countries pledged to deploy unprecedented investment scale toward combating climate change at the COP26 U.N. climate conference in Glasgow. Management believes bringing multiple high-impact commercial projects to market next year targeting this theme presents a strong opportunity to drive significant shareholder value.
$ECOX One application of Prime's technologies is a system that employs cold outdoor air for the purpose of significantly reducing energy consumption in large coolers equipped with energy intensive refrigeration compressor units in cold climates.
Subject to the terms and conditions set forth in the LOI, the Company would form a new operating subsidiary that would acquire 100% of the right and title to Prime's technologies in exchange for equity and profit-sharing considerations in the newly formed operating subsidiary.
$MITI Mitesco, Inc., (OTCQB: MITI) (“Mitesco” or the “Company”), a leading operator of primary care clinics that combine technology with relationship-driven, personalized healthcare, today announced it has signed a lease for the second Denver location of The Good ClinicTM at The Quincy, located in the heart of Downtown Denver's financial district.
$MITI The new St. Louis Park site is located at the Excelsior & Grand housing complex, developed by The Connor Group. The complex, which opened in 2007, is a $150 million mixed-use project with 327 apartments and numerous amenities. It is an integral part of the neighborhood within walking distance of dozens of dining, shopping, and entertainment options.
The Good Clinic intends to launch a network of tech-forward clinics in accessible locations, with nurse practitioners operating as the primary healthcare provider on site. After opening its first location in Northeast Minneapolis, the Company opened a second Good Clinic location in Eden Prairie, Minnesota earlier this month. Mitesco is also currently evaluating and negotiating leases to build out additional sites in Minnesota and Colorado.
$ECOX "Prime's technology will make an outstanding addition to our pipeline of eco-friendly energy solutions."
Prime has built proof-of-concept units that have been in operation for decades. The Company will seek to take those existing products, conduct verification and due diligence on the effectiveness and utility of the technology, and use them as models for multiple commercial prototypes for third-party testing and certification, and then set up contract manufacturing to fulfill commercial demand for the products.
$ECOX Eco Innovation Group, Inc. (OTC: ECOX) ("ECOX" or the "Company"), an innovative company developing new technologies for green energy solutions, is excited to announce the signing of a Letter of Intent (the "LOI") with Keith E. Prime, the inventor of technologies with applications for the air conditioning industry. The LOI outlines key concepts toward a proposed acquisition by the Company of Prime's proprietary cooling and alcohol dispensing technology.
$MITI “We are excited to extend whole-person healthcare to clients in the western Minneapolis suburbs through our new clinics in St. Louis Park and Eden Prairie,” said Larry Diamond, CEO of Mitesco. “We chose the St. Louis Park location because of its community resources, diverse population, and housing density, which enable its citizens to thrive. Our focus on convenience, value, and meeting peoples’ unique needs aligns well with the community.”
$MITI Mitesco, Inc., (OTCQB: MITI) (“Mitesco” or the “Company”), a leading operator of primary care clinics that combine technology with relationship-driven, personalized healthcare, today announced the opening of its third Minnesota location of The Good Clinic in St. Louis Park.
$ECOX Eco Innovation Group was founded by Inventors and Business Professionals to help nurture and catalyze the most innovative and impactful products and services, and to deliver those innovations to the world, improving the quality of life in our communities and the world around us, while delivering value to our shareholders.
At ECOX, we are dedicated to developing and commercializing successful products. But we will never lose sight of the fact that we exist, first and foremost, to help people and improve life on the planet we all share. We take our Social Responsibility Contract seriously in all our endeavors. It is not only what we do. It is who we are. For more information, visit www.ecoig.com.
$ECOX Now that the PoolCooled™? patent application has been filed, ECOX plans to conduct further prototype tests to optimize the technology through the spring of 2022. Management believes this timeline will result in a market-ready product by mid-2022, with initial sales and installations beginning as early as Q3 2022, which will include identifying licensing opportunities and distribution partners, as well as marketing and sales investments.
$MITI Acelerar Healthcare Holdings, LTD. is the Company’s wholly owned, Dublin, Ireland-based entity for its future European operations.
$MITI The Good Clinic, LLC (www.thegoodclinic.com) is a wholly owned subsidiary of Mitesco N.A. LLC, the holding company for North American operations. The Good Clinic plans to build out a network of clinics using the latest telehealth technology with the nurse practitioner operating as its primary healthcare provider. It will begin in Minneapolis and plans to expand nationwide. Today, 23 states facilitate nurse practitioners practicing to the full scope of their skills and training. The executive team at The Good Clinic™? includes several of the key executives who brought Minute Clinic (previously known as Quickmedix) to scale, which was acquired by CVS in 2006.
$ECOX Julia Otey-Raudes, CEO of ECOX, commented on the milestone, saying, "We are excited to take this important step as we get closer to commercializing a technology with the potential to cut air conditioning energy demand for residential and commercial structures by up to 65% under ideal conditions. PoolCooled™? is designed for residential and commercial property owners eager to minimize energy needs by mobilizing existing pool water as a primary climate control resource through the revolutionary PoolCooled™? system. The PoolCooled™? system has a conveniently small physical footprint, allowing it to fit easily into existing equipment areas and pool pump structures. And we can't wait to begin shipping and installing this technology widely next year."
$ECOX The PoolCooled™? system has since successfully undergone prototype testing, providing proof of concept in the process. The Company subsequently engaged patent attorneys to develop and file a patent application. Under the terms of the Agreement, along with the original inventor, the Company holds joint title covering all PoolCooled™? technology as well as all patents resulting from the Agreement.
$MITI The Citizen 10 complex (livelmc.com/communities/citizen-10), is located at 14 West 10th Avenue, Denver, Colorado, is an active community that values independence and inclusion near public and private gathering spaces, steps from Denver’s best galleries, culinary endeavors, nightlife, historic parks and miles of bike trails. A community that embodies city living and a fresh take on Denver life. It is one of five developments by LMC in the Denver marketplace. LMC, a wholly owned subsidiary of Lennar Corporation, is the fourth largest developer of apartments in the US, with over 72 apartment communities representing approximately $8 billion in development cost, with over $4 billion of potential developments in process.
For additional news about its clinic operation go to: www.thegoodclinic.com.