$ECOX Rolling Brief - Updated September 25, 2018. Extracts From Official Filings & PRs + Analysis From Observations [updates in bold].
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New President - John English of Palm Beach, FL.
Name change to Eco Innovation Group on July 18, 2018.
Legacy subsidiaries Haydin Group Enterprises (Split Endings), Expressions Property Limited,LP and Expressions Chiropractic and Rehab Center, PA reverted to being private entities and the respective share exchange agreements entered into previously were unwound.
The 2018 Q2 and new company disclosure was filed on September 12, 2018.
$ECOX is OTC Current.
The Company is considered to be a "Going Concern"
Ticker change to ECOX approved by FINRA effective midnight September 25/26, 2018.
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As of June 30, 2018, the new President Mr English purchased common stock in a private transaction.
On August 29, 2018, the Company conducted a reverse split of its common stock in a ratio of 1 share for every 1,000 issued and outstanding, reducing Mr. English’s beneficial ownership of common stock to 77,500 shares.
Beneficial Ownership of Shares:
- John English:
-- Preferred: 15,000,000 (50%)
-- Common: 77,500
- Heritage Funding, Inc. of San Diego, CA:
-- Preferred: 15,000,000 (50%)
-- Common: 77,500
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The Transfer Agent updated the Verified Company Profile in a timely manner at close of business August 31, 2018.
Authorized Shares: 2,100,000,000 as at August 31, 2018
Outstanding Shares: 1,830,613 as at August 31, 2018
Restricted: 208,800 as at August 31, 2018
Unrestricted: 1,621,813 as at August 31, 2018
Held at DTC: 1,440,912 as at August 31, 2018
The share structure was as anticipated - with no dilution.
There has been no dilution in 2017 or in 2018 to date.
The next update to the share structure in the Verified Company Profile is due on or soon after September 30, 2018.
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The predecessor company was the highest banked profit stock for those that traded it correctly in 2017 due to its proven history of regular repeat runs on the excellent financial results each quarter.
It continued to deliver good returns of up to 100% in the first half of 2018 on a number of mini runs.
It also offered a limited opportunity for traders to add shares to their inventory in the .1 > .3 range (previously .0001 > .0003) on August 28 to be ready for "trading-from-the-bottom-up" opportunities as they present themselves over the coming days, weeks and months.
It was obvious that some of the big traders took advantage of this both on August 28 and with additional buys in the .1 > .2 range on August 31 and thereafter.
The stock has effectively remained above the .1 r/s par for the 15 trading days since trading recommenced until it broke out above .15 on September 21 with significant buys at .2.
On the next trading day September 24, 2018, a new higher base was established at .25 x .2887 and maintained through to the ticker change.
This equates to a 188% increase in value for those that were decisive enough to buy .1s when they had the chance and 44% for those that bought .2s.
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The Company’s current (new) business operates an Innovation Incubator platform devoted to globally important paradigm shifts in technology, sustainable products development, and research, to effectively address large known market potentials driven by natural necessity for practical and meaningful change worldwide.
The Company will strategically nurture private companies toward absorption by the Company, or for initial public offerings, strategic joint ventures or other merger and acquisition transactions.
The Company’s initial project is to prioritize the relaunch of a well-documented, extensively tested, broadly approved and globally celebrated proprietary Affordable Housing Technology, to address the global crisis in affordable housing and construction, whilst effectively addressing the also presently exaggerated worldwide need for secure, extreme-weather and natural catastrophe resistant structures.
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Ahead watch out for:
- More buying in the .25 > .5 range ahead of the first PR / update from the new company.
- First formal PR.
- Any new website or social media account for the new company.
