Business Plan from 2020 Q3 Onwards.
Relevant extracts from 2020 Q2 Report filed August 14, 2020:
$ECOX is a technology innovation incubator platform devoted to globally important paradigm shifts in technology, energy efficiency, and sustainability.
The Company’ is a pre-revenue and developmental stage growth company with operations relative to first product introduction.
$ECOX is implementing a technology and energy efficiency-oriented incubator business model where the Company will seek to partner with innovators, inventors and technology holders in the areas of green energy, innovative environmentally sustainable housing, green foods, sanitation/pathogen mitigation, and clean water.
The Company’s business model is to provide an entrepreneurial ecosystem for these technology innovators by applying capital and management expertise in order to accelerate the introduction of selected technologies into the marketplace.
Management believes there are strong business opportunities for this incubator business model.
By licensing or creating joint ventures with the holders of such technologies, both the Company and the parties responsible for the development or licensing of the technologies could benefit.
The inventors will be able to concentrate on technology development without the burdens of running the day-to-day details of business operations by offloading such responsibilities to the management team of the Company.
In such arrangements, the Company will provide not only business management, but also capital to facilitate or accelerate the introduction of the core technologies to the marketplace.
The Company has signed a licensing, marketing, distribution and sales agreement with the patent holder of an innovative power booster system and plans to begin marketing that product in the coming months.
The core technology behind the Power Booster™ system is based on an innovative use of high-speed switching that has only recently been introduced to the marketplace.
The Company plans to administer the marketing of the Power Booster™, system via multiple sales channels, including but not limited to solar power electrical manufacturers, solar power systems integrators and installers, new homebuilders, and power system distribution companies.
Additional negotiations have been ongoing with the developers of a next generation, energy-saving heat exchange technology that utilizes a swimming pool pump to move the cool water from a pool in a closed loop through a Freon compressor to provide air conditioning to a home or commercial building.
The Company is active in negotiating additional licensing and joint ventures.
Full-career military veteran now trading OTC stocks for multiple $6-figure profits annually.
All posts are my opinion - trade at your own risk.
