YOU GUYS BETTER WAKE UP QUICKLY!!!
If the statements on the 8K/A for Inca Global are correct, right now ECO GLOBAL is worth only the 2% royalties that Inca Global gets off of third party lincensees and the 3% that Eco Global receives from Inca Global.
Consider: The License is "Exclusive" and it is "Worldwide"!!!
"pursuant to discussion between the Company's Chief Executive Officer (CEO) Daniel D. Correa and Eco Global Corps board of directors that lead to the Company being granted an, exclusive license for certain territories for intellectual property INCABLOCK? developed by Licensor, principally comprising of a unique intellectual property for the production of Concrete Interlocking Modular Blocks System,..."
The certain territories are:"Licensor granted to Licensee an exclusive, non-transferable, license for use in the Territory (worldwide rights),..."
SO DANIEL CORREA'S NEW Inca Global get the Exclusive License on the World to market the Incablock system!!! For 30 years!!!
The term of the Licensing Agreement and of the rights, authorities and licenses granted to the Licensee pursuant to the Licensing Agreement for (i) the Technology, (ii) any improvements of or to the Technology, or (iii) any product which embodies the Technology or such improvements shall commence upon execution of this Agreement and continue for thirty (30) years, provided that the Licensee is not in breach or default of any of the terms or conditions contained in this Agreement.
NOW THE MOST IMPORTANT POINT: Eco Global cannot sell or license the Incablock system to any other party!!! The Inca Global agreement takes everything regarding INCABLOCK from Eco Globa and the 8K/A clarifies the new difference between the companies as follows:
"The material different between Inca Global and Eco Global is that the Company will design, manufacture, promote and sell the individual INCABLOCK? verses Eco Global's business model of designing new types of blocks and selling licenses for intellectual property as it has done with the Company to collect a royalty."
BASICALLY ONCE INCA GLOBAL was issued this exclusive and worldwide license, they ONLY have the authority to design, manufacture, promote and sell the individual INCABLOCK, while Eco Global is left to "DESIGN NEW TYPES OF BLOCKS AND SELLING LICENSES FOR INTELLECTUAL PROPERTY, AS IT HAS DONE WITH THE COMPANY TO COLLECT A ROYALTY." Meaning that Eco Global will have to design a new type of block (NOT INCABLOCK) to sell licenses for. Because Daniel Correa's Inca Global now has the exclusive and worldwide license for the Incablock system that was the only asset of Eco Global Corporation, Inc.
Basically Daniel Correa has dumped Eco Global Corporation to have a cleaner ship to bring in investment for his Incablock System. He used me and others, then there was the Pump and Dump early last year (at the start of this board) that brought in most of the people that have been on this board, and then when ECOG had too much baggage it was dumped so he could get to his new Inca Global, Inc.
YOU CAN STOP HIM BUT YOU HAVE TO ACT NOW!! Remember The Eco Global Corporation, Inc. officers and board were put in place by Daniel Correa and they are the ones who apparently made this exclusive deal with him and his new company and left all ECOG investors with probably nothing.
AI
