Pacific Green Technologies, Inc (PGTK)

[shareholder]

The reorganization agreement is completed. Only needs to be approved by shareholders after proxy is issued. The proxy will shows the details of this agreement. Meanwhile, E-Cash will be buying open market shares whenever price dips.

SEC 10K:
On March 28, 2006 the Company signed a reorganization agreement with E-Cash, Inc a New Jersey corporation whose business is the operation of automatic teller machines ("ATM's") that are owned and operated by E-Cash. The ATM machines are placed in various retail locations including supermarkets, convenience stores, restaurants, colleges and other locations not generally serviced by traditional and financial institutions. Under the terms of the agreement the Company will issue 20,000,000 shares of common stock to the shareholders of E-Cash after the company has effected a reverse split of its shares of one new share for each 400 shares presently outstanding. Both the reorganization agreement and reverse split of shares must be approved by the shareholders. The date of the shareholders vote has not yet been scheduled.