ECOPLUS INC (ECPL) is seeking to raise up to $2,000,000 in a primary offering under Regulation A by selling 200,000,000 securities at $0.01 per security, with all of the aggregate offering price attributable to the issuer and estimated net proceeds of $1,975,000 after offering expenses.
The company reports total assets of $3,069,035, total liabilities of $562,189 and stockholders’ equity of $2,506,846. For the period presented, it generated total revenues of $107,844 and incurred a net loss of $94,042. Outstanding securities include 29,230,174 common shares, 1 Series A preferred share, 49,000,298 Series B preferred units and 10,000,000 Series C debt units. Within the past year, ECOPLUS INC issued common, Series A preferred and Series B preferred securities as officer/director compensation for services rendered.