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Re: Revorising post# 37243

Tuesday, 08/22/2017 3:08:39 PM

Tuesday, August 22, 2017 3:08:39 PM

Post# of 68549
ECOS and LRS are equal partners in the ECOS/BIO-art LLC JV. As everything regarding this composting project is under the joint management of ECOS/BIO-art LLC, why would it be the least bit unexpected for them to share office space at the LRS site where the digester is located?? Geeesh!

From the terms of the Supply Agreement signed December 2016..
https://www.sec.gov/Archives/edgar/data/1290506/000100201416000810/exh10-2.htm

BUYER = ECOS/BIO-art LLC

(a) During the Term, Ecos shall manufacture or cause to be manufactured and sell to Buyer for resale or lease to LRS and Buyer's customers (collectively, "Customers"), and Buyer shall purchase and take from Ecos, such quantities of the Products as Buyer may specify in purchase orders submitted by Buyer to Ecos from time to time. Ecos (i) shall not, directly or indirectly, sell or market Products or products that are substantially similar to the Products, or deliver Products or products that are substantially similar to the Products, to any other Person (other than at the direction of Buyer), and (ii) shall forward to Buyer all requests Ecos receives for the purchase of the Products, it being understood that Buyer shall have the sole discretion whether to fulfill any such purchase orders. Notwithstanding the foregoing, if LRS does not accept the Initial Product as provided in Section 2.1(b) below, Ecos is permitted to sell Products and Products substantially similar to the Products without restriction.

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