EcoloCap Solutions Inc. (fka ECOS)

[deal guy]

Just wanted to note one thing for the record. The free shares are actually about 1-4billion (or less). Based on ecos financials and disclosures it is likely that 6-8bn of the shares are needed to satisfy the converts (could be 2bn more based on 2016 disclosure). They need to reserve another 2.5bn to 4bn for the LRS warrants. SEC rules require them to have shares available that they haven’t issued to satisfy these obligations. If they fail to have adequate shares available they have an 8k event and a likely default under the contracts which gave rights to these shares (convert and warrant agreements)