EcoloCap Solutions Inc. (fka ECOS)

[deal guy]

I will make this easy I have practiced law for 36 years and done hundreds of securities offerings. In an exercise of a warrant the holder of the warrant delivers cash to the company and the company delivers shares. The shares delivered must come from shares authorized but not issued. The shares issued can be restricted or unrestricted if done with an appropriate securities registration.

Since Ecolocap doesn't have a shelf offering the shares will be restricted until Ecolocap can do a securities registration. They wont file a securities registration until they bring their SEC filings delinquent.

I was looking at the volume over the past week. I would surmise that the dumper of shares could be Tonaquint (John Fife) or another toxic holder. Fife provided Ecolocap with another $50k in toxic debt on top of what he already had.