Ecologix Resource Group Inc (EXRG)

Ecologix Resource Group Incorporated, formerly Battery Control Corporation was incorporated under the laws of the State of Delaware on November 7, 2007. The Company's name was changed from Battery Control Corporation to Ecologix Resource Group Incorporated on July 14, 2009. The Company manages a tropical hardwood forest in the Republic of Cameroon in Central Africa. The Company harvests a range of species of hardwood. Ecologix also works with the local government to develop harvesting standards that are environmentally friendly and those that doesn't impact the Company's production or increase global warming. Additionally, the Company plans to produce alternative energy such as ethanol and biodiesel. The Company has decided that it is necessary to apply all personnel, finances and other resources towards its timber operations and discontinue the patented pending technology of Battery Control Corp. The Company plans to harvest quality timber growing in the land parcel, consistent with the environmental standards. It also plans to pursue its alternative energy projects for the country and its citizens which shall include growing biomass to be used in fuel and solar installations as desired by the local inhabitants and national governmental policy where the land is located. The Company plans to recognize revenues when delivery of products or completion of services has occurred provided there is persuasive evidence of an agreement, acceptance has been approved by its customers, the fee is fixed or determinable based on the completion of stated terms and conditions, and collection of any related receivable is probable. Ecologix has secured the rights to 50,000 hectares, '124,552 acres', of rainforest in the Massaka/Desoni region. In addition to expanding its timber operations in Cameroon, the Company is exploring initiating operations in other countries. The Company plans to diversify geographically and accelerate its growth while providing the Company with protection against business interruption. The Company's vision is to become a natural resource company in Central Africa by establishing key infrastructure and workforce development to help facilitate the economic development and quality of life of each respective host country. The forest products industry is competitive in terms of price and quality and the wood products are subject to increasing competition from a range of substitute products, including non-wood and engineered wood products.