EcoloCap Solutions Inc. (fka ECOS)

[deal guy]

DS

You are wrong they hold a warrant to acquire shares not the shares. I have written a lot of disclosures like this one over the years and taught classes on these rules. The disclosure merely says LRS holds warrants which are a different legal instrument than the underlying shares. To get the underlying shares they need to pay the exercise price.

I am willing to bet my home on this point. The SEC disclosure rules on equity instruments and constructive ownership are tortured by am 100% confident that I am right on this point.