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Ecolocap Solutions (ECOS)
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Ecolocap Solutions Inc was incorporated in the State of Nevada on March 18, 2004, as Cygni Systems Corporation. The Company is originally formed with the intent of raising funds and entering into business as a software design company. A change of control occurred on June 17, 2005. On August 19, 2005, the Company entered into and closed a Share Exchange Agreement with XL Generation AG. acquired XL Generation AG. On August 23, 2005, it filed a Certificate of Amendment with the State of Nevada, changing its name to 'XL Generation International Inc.' The Company changed its name to Ecolocap Solutions in December 2007. EcoloCap Solutions Inc. is in the business of reducing carbon emissions. It plans to develop economically feasible renewable energy and carbon reduction initiatives. XL Generation was the holding company of a Swiss entity, XL Generation AG, which was the marketer of an artificial sport surface called 'XL Turf.' The Company's vision was to develop a number of products other than for sports, aimed at all types of play space, including for landscape and playgrounds. Its vision is to be recognized as a provider of emission reduction solutions, ecotechnologies and services which generate financial gains from greenhouse gas emissions reduction. Its mission is to build a best in class portfolio of solutions, technologies and services to the generation of carbon credits earned from the reduction of fugitive emissions thereby achieving greenhouse gas emissions reduction goals with a positive economic impact. The Company is developing an integrated development approach that focuses upon both existing and needed infrastructure facilities to produce new value in the form of tradable CERs while at the same time maximizing alternative energy generation co-products. In its business, the Company would compete with other businesses that generate, buy and sell CER. Its CER operations are subject to the CDM mechanism of the Kyoto Protocol as well as to national policies and regulations of countries which are signatories of this Protocol.