Eco-Growth Strategies Announces Board Approval of Comprehensive Uplisting Preparation Plan as Company Continues Strategic Progress Toward National Exchange Readiness
Rhea-AI Summary
Eco-Growth Strategies (OTC: ECGS) announced on December 11, 2025 that its board approved a comprehensive Uplisting Preparation Plan and a budget of up to $350,000 to advance potential listing on a national securities exchange.
Key steps include completion of PCAOB‑standard audits, transition to full SEC reporting, expansion of independent governance, enhanced financial controls, and operational readiness for Hawaiian bottled water production. Recent milestones cited include reservation of the ticker THWC with Nasdaq and approximately $2.3 million in cumulative financing over the past 12 months.
The company stressed these actions are preliminary and exploratory and do not assure any listing; any listing remains subject to exchange standards, regulatory processes, and market conditions.
Positive
- Board-approved uplisting plan with clear budget: $350,000
- Completed $2.3 million cumulative financing in last 12 months
- Reserved Nasdaq ticker "THWC" aligned with strategy
- Plan includes PCAOB-standard audits and full SEC reporting
Negative
- No assurance that any national-exchange listing will occur
- Uplisting remains subject to quantitative and qualitative standards
The approved plan outlines the next phase of ECGS's multi-year corporate development strategy, focusing on strengthening financial reporting, governance structures, operational documentation, and public-company infrastructure. These steps are designed to position ECGS for the rigorous standards expected of national-exchange issuers.
Recent Momentum
The Board's approval follows a series of important developments completed over the past several months, including:
- Reservation of the ticker symbol "THWC" with Nasdaq, an administrative milestone aligned with the Company's long-term capital markets strategy
- Completion of approximately
in cumulative financing over the past twelve months, supporting operational development and corporate readiness$2.3 million - Ongoing upgrades to reporting systems and governance practices
- Onboarding of a leading emerging-growth company investment bank and capital markets advisory company
- Advancement of facility and production planning for the Company's Hawaiian water operations
Together, these initiatives reflect ECGS's commitment to building a more robust, institutional-grade corporate platform.
CEO Comment
"We are pleased to take this next major step forward," said W.J. 'Bill' Delgado, Chief Executive Officer of ECGS. "The Board's approval of our uplisting preparation plan and budget provides clear direction and the necessary resources to continue strengthening our financial reporting, governance systems, and operational capabilities. Over the past year, we have built real momentum, and this plan allows us to continue maturing as a public company while preparing for future opportunities, including a potential uplisting.
We remain focused on disciplined execution and long-term value creation for our shareholders."
Plan Overview
The approved plan includes:
- Completion of PCAOB-standard audits
- Transition to full SEC reporting
- Expansion of governance, including independent board and committee structures
- Enhancement of financial controls and corporate policies
- Continued operational documentation and commercial readiness for Hawaiian water production
- Investor communications upgrades and public-company infrastructure improvements
The Board's authorization enables management to execute these workstreams immediately.
Important Notice: No Assurance of Listing
The approval of the Uplisting Preparation Plan and the reservation of a ticker symbol with Nasdaq are preliminary and exploratory actions. These steps do not constitute, reflect, or imply any determination by any national securities exchange regarding the Company's eligibility for, or approval of, any listing application.
Any potential listing remains subject to satisfaction of applicable quantitative and qualitative standards, completion of regulatory and corporate processes, and prevailing market conditions. There can be no assurance that an application will be made, accepted, or approved.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's uplisting readiness, corporate development, operational progress, governance enhancements, financial reporting initiatives, and potential future milestones. Forward-looking statements are based on current expectations and are subject to risks and uncertainties that may cause actual results to differ materially.
Factors that may affect actual results include, among others: the Company's ability to complete the Uplisting Preparation Plan within anticipated timelines or budgets; the ability to satisfy national-exchange listing standards; regulatory developments; market conditions; operational challenges; the availability of additional financing; and other risks described in the Company's public disclosures. The Company undertakes no obligation to update forward-looking statements except as required by law.
About Eco-Growth Strategies, Inc.
Eco-Growth Strategies, Inc. ("ECGS") is a
Investor Relations and Media Contact
FSR Capital
Kristina Smirnova – k.smirnova@fsrgrp.com
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SOURCE Eco-Growth Strategies, Inc.