EcoloCap Solutions Inc. (fka ECOS)

[deal guy]

What is interesting here is that while they are delinquent they have managed to issue over 1bn of freely tradeable shares (not restricted) to unidentified individuals or corporations. It appears that they don't have a registration statement (or a small issuer simplified registration statement on file with the SEC regarding the issuance of freely tradeable shares. I would have thought the transfer agent would have requested this to change the unrestricted shares outstanding. Of course this is pennyland and sometimes adherence to the rules is an afterthought.