ECO ENERGY TECH ASIA, LTD. (OTCMKTS:EYTH) Files An 8-K Other EventsItem 8.01 Other Events
On August 9, 2018, a majority of the shareholders of the common stock of Eco Energy Tech Asia, Inc. (the “Company”), by written consent, rescinded their prior written consent dated July 11, 2018, authorizing a 20:1 reverse split of the Company’s issued and outstanding common stock. As a result there shall be no reverse split of the Company’s outstanding common stock, notwithstanding what is set forth in that certain DEF 14C Information Statement filed by the Company on July 23, 2018. The action to rescind the split taken by a majority of the shareholders entitled to vote was taken prior to the expiration of the 20 day waiting period in connection with the filing of the DEF 14C Information Statement required before the reverse split was to become effective.
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.