EcoloCap Solutions Inc. (fka ECOS)

[Billy777]

We incurred net losses of $9,274,543 for the year ended December 31, 2016 as compared to a net loss of $20,264,834 for the year ended December 31, 2015. There has been a decrease of $8,124,946 in gain on derivatives liabilities at market, a decrease in loss on settlement of notes payable to stockholders of $19,145,500 and an increase in interest expenses of $68,610 mainly attributable to the interest expense resulting from derivative liabilities.
Losses Cut By 50%!