Replies to post #3354 on Eco Global Corporation (fka ECOG)

[betroni]

Forgot to mention 2% royalties on sales. I think something is definitely brewing for ECOG.

As I always say, the tape never lies and now we know exactly why the PPS is on the move.

[Hanibal]

Nope, you're wrong. There was no revenue.

Even though ECOG holds the patent, they were the ones who OWED Correa 100k for "services rendered", so instead of forking up the cash and paying him, they are letting him use the license free of charge.

They were the ones who were supposed to pay HIM 100K and not the other way around.

Pursuant to the Licensing Agreement, Eco Global granted the Company the following rights for $100,000 dollars that was owed to Mr. Correa for services rendered to Eco Global;