Replies to post #38241 on EcoloCap Solutions Inc. (fka ECOS)

[deal guy]

The $647k for the equipment is before ECOS pays their suppliers and installers. Net to ECOS likely $100k

In addition under the JV agreement ECOS is required to contribute their profit from the first 8 machines into the JV. So they don't actually keep the cash flow related to net income on machine sales.

ECOS will go forward with the debt conversion and issuance of shares since they have no way to repay the outstanding debt.

[kennypooh]

"Share increase will be cancelled as LRS has agreed to pay the $647,000 agreed price to ECOS"

Looks like you were only off by 15 billion shares on that one LMFAO?

https://www.sec.gov/Archives/edgar/data/1290506/000100201417000168/ecossch14cprer-08282017.htm