ECO ENERGY TECH ASIA, LTD. (OTCMKTS:EYTH) Files An 8-K Completion of Acquisition or Disposition of AssetsItem 2.01 Completion of Acquisition or Disposition of Assets
On July 7, 2017, 7582919 Canada, Inc. (“7582919”), a subsidiary of Eco Energy Tech Asia, Inc. (the “Company”), consummated the sale of a parcel of real property located at 4174 184th St., Surrey, British Columbia V3Z 1B7, Canada. The purchase price was $1,650,000 (CN). 7582919 received $1,000,868.70 (CN) after deduction for payment of the outstanding mortgage, real estate commissions and other related closing expenses.
About ECO ENERGY TECH ASIA, LTD. (OTCMKTS:EYTH)
Eco Energy Tech Asia, Ltd. is a holding company. The Company is a development-stage company, which has developed a system that designs and builds custom biodomes ranging in size appropriate for global commercial agricultural concerns, as well as small local producers. It provides horticultural solutions, and offers products and services, including Biodomes, Micropropagation and Karma Verdi Brand. It has developed a naturally derived nutrient solution to grow healthy and tasty produce rich in nutrients. It designs and builds climate-controlled Biodomes with Vertical Aeroponic Growing Cabinets that mitigate the risks associated with vegetables, herbs, microgreens and fruits. It intends to provide commercial growers across the world with the plantlets grown in a closed-controlled environment from both seeds and cuttings obtained by micropropagation. It also intends to develop a network of small commercial growers interested in contract growing for the Karma Verdi Brand.