EcoloCap Solutions Inc. (fka ECOS)

[BDUB2112]

NEW BLOG ENTRY FROM CEO!!

12-16-2013

The purpose of this blog to be an informal communications between the investor and myself. Informal is the magic word.



Got another question over the weekend from Brian O a long time investor. “What is the status of the company’s other products (Nano-battery and waste units)? Are these viable products? What stage of development and or production are they in?

The battery was ahead of its time and still is. The problem was and still is, the ability to raise the necessary funding to build a production facility. Three separate systems have to be built.

1) Anode can cathode material production

2) Anode and cathode production and;

3) Battery assembly

Steps 1 and 2 are based upon new technology. The total cost was over $100 million with at least 2 years before the first full production. It was impossible to raise the funds especially in the light of the A123 bankruptcy and other battery company problems. If anyone out there has a spare $100 million and wants to get into the battery business call me.



ECOS is progressing with the first sale of a large municipal waste to energy system in the Ukraine. We are talking to a Bank in Europe and Asia to finance the project. Do to the political unrest in the Ukraine the financing has been put on hold till the political problem stabilizes.



Another question is why the toxic debt? This is truly the rock and a hard place dilemma. As management, do I let go key scientist(s) necessary for the success of the company or do I create debt that will dilute the stock. The Board and I feel it is more important to keep the company in operation.



The dilution leads to the next question. “Will ECOS do a reverse split? This has pros and cons. I personally feel that a reverse split without the accompanying revenue will only hurt the investor.



I will address the debt question and reverse split in the future.







Michael Siegel

Chief Executive Officer