ECOLOCAP SOLUTIONS INC. (OTCMKTS:ECOS) Files An 8-K Entry into a Material Definitive AgreementITEM 1.01 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATION ARRAGNEMENTS OF CERTAIN OFFICERS.
ECOLOCAP SOLUTIONS INC. (OTCMKTS:ECOS) Files An 8-K Entry into a Material Definitive Agreement
Effective June 1, 2017, James Kwak will replace Michael Siegel as our new president and chief executive officer. Mr. Siegel will remain a member of our board of directors and will assume a new role as chief technology officer.
Mr. Kwak is currently our chief operating officer and will continue in that position as well as assuming the positions of president and chief executive officer. As chief operating officer, Mr. Kwak is responsible for creating new business opportunities, nurturing relationships along with pitching our technologies domestically and globally. He also is the president of a growing start up Internet Business company that specializes in Web Apps, SEO, and Web development that focuses on plastic surgeons and other high end businesses. From 2007 to 2014, James built a book of business for the electronics division of Hanscom K. He most recently licensed and sold this book of business to a competitor in 2015.
There are no material plans, contracts or arrangements to which Mr. Kwak is a party.
Mr. Kwak is the son of Jeung Kwak, our chairman and director.
About ECOLOCAP SOLUTIONS INC. (OTCMKTS:ECOS)
EcoloCap Solutions Inc. offers aerobic digestion technology called ECOS/Bio-ART, which remediates all organic waste. The EcoloCap technology can be tailored to produce a Nitrogen (N), Phosphorus (P) and Potassium (K) fertilizer or chicken and fish animal feed through the introduction of different bacteria into the bio-fermenter utilizing computer processing with a combination of bacillus. It can process various organic municipal solid waste (MSW), food scraps and animal bio-solids. The technology offers a solution for managing urban generated organics. Its technology is used by waste management companies and communities to dispose of food scraps. The Company operates over 400 operational units, which processes approximately 6,000 tons per day. Its unit in Chicago, Illinois processes over 120 tons per day of organic MSW. ECOLOCAP SOLUTIONS INC. (OTCMKTS:ECOS) Recent Trading Information
ECOLOCAP SOLUTIONS INC. (OTCMKTS:ECOS) closed its last trading session 00.00000 at 0.00020 with 1,706,386 shares trading hands.
EcoloCap Solutions Inc. offers aerobic digestion technology called ECOS/Bio-ART, which remediates all organic waste. The EcoloCap technology can be tailored to produce a Nitrogen (N), Phosphorus (P) and Potassium (K) fertilizer or chicken and fish animal feed through the introduction of different bacteria into the bio-fermenter utilizing computer processing with a combination of bacillus. It can process various organic municipal solid waste (MSW), food scraps and animal bio-solids. The technology offers a solution for managing urban generated organics. Its technology is used by waste management companies and communities to dispose of food scraps. The Company operates over 400 operational units, which processes approximately 6,000 tons per day. Its unit in Chicago, Illinois processes over 120 tons per day of organic MSW. ECOLOCAP SOLUTIONS INC. (OTCMKTS:ECOS) Recent Trading Information
ECOLOCAP SOLUTIONS INC. (OTCMKTS:ECOS) closed its last trading session 00.00000 at 0.00020 with 1,706,386 shares trading hands.