ECOPLUS INC seeks $2M Regulation A offering at $0.01
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Filing Explained
The proposed 200 million-security offering could dilute existing holders if issued, but this filing does not establish that issuance occurred.
The offering table lists
Issuing additional shares would increase the total share count and reduce existing holders’ percentage ownership absent offsetting changes, so dilution is a potential consequence rather than a completed one here.
Separately, ECOPLUS reports that within the prior year it issued
Key Figures
Key Terms
Regulation A regulatory
aggregate offering price financial
Tier 1 regulatory
Tier 2 regulatory
unregistered securities regulatory
OTC Markets market
Offering Details
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is ECPL (ECOPLUS INC) raising through this Regulation A offering?
What are ECPL’s key balance sheet figures in this Form 1-A/A?
Is ECPL currently profitable according to this 1-A/A disclosure?
How many ECPL securities are currently outstanding by class?
What recent unregistered securities has ECPL issued within one year?
AI-generated analysis. How Rhea-AI works. Not financial advice.