InvestorsHub Logo
Followers 15
Posts 824
Boards Moderated 0
Alias Born 12/12/2013

Re: kennypooh post# 58128

Thursday, 12/13/2018 8:30:47 AM

Thursday, December 13, 2018 8:30:47 AM

Post# of 68548
Kenny

This is an old legal ploy. Ecolocap can't operate in Illinois as Ecolocap since they don't own the name in Illinois. Which means they aren't qualified to do business in Illinois which is their principal market.

He hasn't taken over the Nevada company just stopped the Nevada company from being able to legally do business in Illinois. Stops them from doing a merger, borrowing money and anything else that requires a legal opinion.

Just checked Illinois records and he still owns the name as of today so it hasn't been dealt with.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.