EcoloCap Solutions Inc. (fka ECOS)

[deal guy]

Kenny

I agree with DS. The SEC has so many delinquent filers that ECOS is not a priority nor will they revoke their securities registration anytime soon. I had a client in the last year that filed three years of financials at once so they could enter into a bank facility. The SEC and FINRA merely heemed and hawed and said don't do it again.

ECOS lack of filing with the SEC only stops them from engaging in any M&A transaction, issuing more shares or doing an RS. The fact they can't issue shares or do an RS is positive for current shareholders.

What worries e more is their Nevada corporate registration. They are now 2 years delinquent, Once you go a year delinquent, the officers and directors no longer have the personal liability protection of being a corporation. If you are in default for 3 years the state can and often revokes your charter.