ECOI Executes LOI for Solar Acquisition
Friday January 7, 2011, 10:06 am EST
ASHLAND, Ore.--(BUSINESS WIRE)-- EcoSolutions Intl. (Pink Sheets:ECOI.pk - News) The company announced today, it has executed an LOI for its first acquisition. The target company is in the Solar space, keeping with the initial business model of EcoSolutions Intl. The board has unanimously approved the terms and conditions of the LOI, and is awaiting execution from the counter party. "We are excited to begin the acquisition strategy mentioned in my initial Press Release," CEO Lawrence Adams stated. The company expects to receive back a fully executed LOI early next week, and will release details of the transaction at that point.