EcoloCap Solutions Inc. (fka ECOS)

[deal guy]

There is a difference between ECOS discussions around the announcement of the LRS deal back in 2017 and any statement made by AllSource in 2019.

As you recall, Kwak stated it was their plan or desire to build a digester farm (but no agreements were executed to make that a reality). It was at best a wish or hope, not a reality or firm commitment.

AllSource making a comment in 2019 is viewed in a different light. If they said as you know ECOS wanted to build a 12 digester farm they could use the 2017 statement as cover for their current comment. But as reported on this Board the statement was much more direct, like 12 digesters were being built. AllSource can't rely on the prior ECOS statement as a defense or support of their current statement (if that was their current statement).

If AllSsource actually said what they are reported to have said they are all out their on their own and the 2017 statement by ECOS doesn't protect them.