Showing posts with label EcoloCap Solutions Inc. Show all posts
Showing posts with label EcoloCap Solutions Inc. Show all posts

Friday, July 20, 2012

EcoloCap (OTCBB: ECOS) Signs Non-Binding LOI with GFE Global

EcoloCap (OTCBB: ECOS) Signs Non-Binding LOI with GFE GlobalShawshank, VA 7/20/12 (StreetBeat) – EcoloCap Solutions Inc (OTCBB: ECOS) has signed a non-binding LOI with GFE global Inc to operate and distribute its diesel water emulsion (M-Fuel) production NPUs as well as its proprietary additive. This LOI is subject to further discussion and definitive agreements are expected to be signed by July 25, 2012. In this deal, EcoloCap’s M-Fuel products will be sold in Central American countries as a first step, and then extend to other areas based on penetration targets.

Michael Siegel, President and CEO of EcoloCap, stated: "Central America is a prime target for our technology for two reasons: The high cost of fuel in the area and government environmental regulations for heavy oil users to reduce harmful emissions. Independent tests demonstrate that our M-Fuel technology will reduce the consumption of diesel and other heavy oil by up to 30% and further reduce particulate emissions by over 90%, and NOx by 60%."

Joseph J Black, COO of GFE Global Inc., added: "All Latin American counties with the exception of Venezuela and possibly Brazil are petro fuel NET importers. Many have no oil resources whatsoever. The cost of diesel fuel is well over $4 a gallon in most of these countries and over $5 a gallon in several. We will start introducing the EcoloCap technology in Costa Rica because of their high priced fuel and the government's goal for the country to be carbon neutral by 2021, Costa Rica being true to their reputation as an eco-oriented country. We then plan to expand to Panama and other Latin American countries.”

Please contact www.thestreetbeat.com for interest in our latest investor relations platform the “CEO Interview Series” with its host Steve Kanaval. The package includes a one-on-one interview with a seasoned industry professional; published segment to our web site with embedded audio/video file; and a compressed file that can be easily e-mailed out to your current and/or potential investors. Please e-mail bflautt@gmail.com or call (662) 392-0740 for pricing and scheduling.

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Thursday, March 22, 2012

EcoloCap (OTCBB:ECOS) Positive Results in Chile Lead to Agreement

EcoloCap (OTCBB:ECOS) Positive Results in Chile Lead to AgreementOrlando, FL 3/22/12 (StreetBeat) – EcoloCap Solutions Inc. (OTCBB:ECOS). EcoloCap is in a standstill period with Fuel Emulsions International, Inc. (FEI) of Miami, FL until March 31, 2012. Under the proposed agreement, FEI is committed to purchase, own and operate all or most of EcoloCap's manufactured processing equipment and additive for the production of M-Fuel and other specialty emulsion fuels.

The proposed agreement has been in negotiation for the last three months and follows the successful testing of M-Fuel production by Energy Partners Chile (EPC), which shared its positive results with FEI.

EcoloCap's M-Fuel is the result of years of research and development. It has been an uphill battle for the market to recognize that the breakthrough technology can reduce diesel fuel consumption by up to 30% and particulate emissions up to 98%. In these times of $100/barrel oil, ECOS is fast gaining recognition and attracting the attention of leading users of heavy oils. The proposal ECOS has received is a testimonial to that recognition.

The EcoloCap NPU line of equipment uses Nano Technology to produce M-Fuel an emulsification of typically 70% Diesel, Kerosene or other Heavy Fuel Oils, 28% water and 2% of an EcoloCap proprietary additive. Independent tests have indicated a reduction of particulate emissions of some 98% and NOX by 65% while producing almost the same efficiency as the original unprocessed fuel. The result is a reduction of up to 30% in the consumption of diesel fuel and depending upon fuel prices, cost savings can reach 25%.

Michael Siegel, CEO of EcoloCap Solutions Inc. states: "First and foremost, I want to thank our shareholders who have stood by us over the past many months. Your faith in ECOS will not go unrewarded. We at EcoloCap did not stand still. We have been searching far and wide for the best partners to capitalize on our game changing technology. "

About The Company: EcoloCap Solutions Inc. (OTCBB:ECOS) and its associated company K-MBT Inc., are focused on technology companies that utilize advanced nanotechnology to design, develop, manufacture and sell alternative energy products. http://www.EcoloCap.com.

Please contact www.thestreetbeat.com for interest in our latest investor relations platform the “CEO Interview Series” with its host Steve Kanaval. The package includes a one-on-one interview with a seasoned industry professional; published segment to our web site with embedded audio/video file; and a compressed file that can be easily e-mailed out to your current and/or potential investors. Please e-mail bflautt@gmail.com or call (662) 392-0740 for pricing and scheduling.

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