Ecoplus/Ecosolve
April 25, 2007
Parties Indicted in Pretreatment Case
in the Western District of North Carolina, a grand jury returned a 10 count indictment against Ecosolve, LLC; the company’s owner and president, Ralph Rogers, and operations manager, Thomas Forebush. This was in connection with the illegal pumping and disposal of grease traps into the sewer systems of Charlotte and surrounding communities. Charges include felony violations of the Clean Water Act, conspiracy, wire fraud, and false statements. Ecosolve operates a fleet of vacuum trucks that removes, transports, and disposes of grease trap waste from restaurants.
May 29, 2007
ECPL Converting Restaurant Waste to Alternative Fuel
EcoPlus Inc. (Pink Sheets: ECPL) recently contracted with O’Neal Inc. of Greenville, S.C. to perform a review of the systems associated with the EcoPlus Technology for converting restaurant waste to alternative fuel. O’Neal will add control features to the package and modify the system for higher throughputs and improved materials handling, especially for truck offloading, and will provide related piping and instrumentation diagrams.
Ralph Rogers – president of ECPL – noted in a press release, “A review of costs and delivery schedules are important given the rise in energy and the demand for raw materials for equipment fabrication. Additionally, discussions with potential purchasers have identified certain digital system configurations that will provide improved control over the process. We feel that the collaboration with O’Neal will yield significant benefits, and we have been impressed with their staff and their commitment to our project.”
October 11, 2007
Company President Pleads Guilty in CWA Case
in the Western District of North Carolina, Ralph Rogers, the owner and president of Ecosolve, pled guilty to one count of conspiracy to violate CWA. Indicted in April 2007, Rogers acknowledged that the company illegally disposed of grease trap waste into the sewer systems of Charlotte and surrounding communities. He agreed to serve 12 months home confinement, publish a public apology, and pay a fine to be determined by the court.
January 2, 2008
the company entered into an agreement with Ralph W. Rogers, former officer, which he assigned to Earthcare Consulting, LLC. He will serve as a technical consultant until December 31, 2012. The company is obligated to pay $891,347 of which $94,000 has been paid through the period ended April 30, 2010. The total scheduled payments for each of the years beginning January, 2008 and ending December, 2012 are $135,000, $151,470, $174,190, $200,319 and $230,368, respectively.
January 3, 2008
EcoPlus Inc. Announces the Resignation of Ralph W. Rogers
Ralph W. Rogers has resigned as CEO of EcoPlus Inc. (ECPL) and from the company's board of directors. Phillip J. Hicks, EcoPlus Inc. President, will assume the function and title of CEO and retain his role as President. The open board position will be filled in the near future. Rogers will serve EcoPlus in a technical consulting capacity. Hicks stated that "Ralph has a strong understanding of the EcoPlus process and will be an asset as the company progresses toward further commercialization of its renewable, waste-to-energy technology."
August 26, 2008
Ecosolve, employees sentenced for environmental violations
Charlotte company Ecosolve, its former president and a former employee have been sentenced in federal court for violating the Clean Water Act. The company’s former president, Ralph Rogers, was ordered to serve three years of probation, including 12 months in home confinement, and to pay $7,200 in fines. Thomas Forebush, a former employee, was ordered to serve 12 months and one day in jail. He will then be placed on supervised release for three years.
For the six months ended April 30, 2010
ECOPLUS, INC. & SUBSIDIARIES NOTE G—RELATED PARTY TRANSACTIONS
The Company’s technology is licensed to Ecosolve, LLC, a company with several minority owners who are also shareholders of EcoPlus, Inc. for the periods ended April 30, 2010 and 2009. Ecosolve, LLC had outstanding an Accounts Receivable with the Company in the amount of $411,007, which was added to the Loan Receivable outstanding in the amount of $1,151,064 for the year ended October 31, 2008 by the signing of an Uncommitted Line of Credit dated August 31, 2008. The credit line bears a 3.5% rate of interest per annum, and for the period ended April 30, 2010, the Loan Receivable outstanding was $1,599,748 and interest accrued but not received was $80,838.
The Company also pays small bills for an offshore corporation named Ninety-Nine Hauling Management Services, Ltd. It has no business reasons cited for this, but does represent there is no activity in the company.
International Business Companies Registry of Belize
Struck off 2010
Ibc number - 24832
ibc name - NINETY-NINE HAULING MANAGEMENT SERVICES, LTD
