EcoloCap Solutions Inc. (fka ECOS)

[deal guy]

A small diligence point.

I saw McCluskey (the lawyer who took over the ECOS name in Illinois. He was speaking at a University of Chicago M&A seminar yesterday and I dropped in during his session (seminar was quite technical and wonkish). He told me the following
- he still owns the ECOS name (just renewed it last week, as well other Illinois companies he owns for another year)
- he has not spoken to or had any contact with Siegel or the Kwak's since before he took over the name. He has had no contact ever with ECOS lawyers. He has no plans to speak to any of them
- he is talking to a California company to sell the name to them (they approached him). He wouldn't tell me who.
- He is retiring & moving to Florida (he already had a house in Naples) next year and is in the process of unwinding his Illinois connections.
- If anyone of us ECOS millionaires is interested he is still trying to sell a real estate development business and an education company

He said if any ECOS shareholders want to confirm his intentions they can google him and he is happy to confirm (either via email or phone). He actually appears not to be bad gut just a bit oppotunistic