EcoPlus, Inc. Engages Investment Advisor and Looks to a Listing on the AIM in London
March 17 2008 - 1:12PM
Marketwired
CHARLOTTE, NC announced effective March 14, 2008, EcoPlus has
retained the financial advisory services of Telesto LLC, a US-based
consulting firm that in coordination with Bridge Capital
Associates, member FINRA SIPC, arranges financing for promising,
high growth environmental companies. Telesto LLC is assisting the
company with two capital offerings. The first is a private capital
raise of $6 million, the proceeds of which will be used to acquire
the assets of EcoPlus' licensee, Ecosolve and to construct a new
processing plant. Additionally, Telesto LLC is assisting the
company with its preparation for a public listing of securities on
the Alternative Investment Market (AIM), of the London Stock
Exchange.
During its six years of existence, Telesto's clients have
acquired over $165 million of private financing and it has advised
clients in mergers, acquisitions and divestitures exceeding $300
million in value. Telesto LLC is led by Nicole Kaplan, a securities
representative with over 10 years experience in New York with bulge
bracket investment banks including Lehman Brothers and Dillon Read
(now UBS.)
Phil Hicks, President and CEO of EcoPlus, stated, "We are
fortunate to have been able to engage Telesto and Ms. Kaplan with
respect to assisting us in our capital offerings, Telesto brings a
spectrum of experience and council to the company that should serve
us well in the long term." Mr. Hicks added, "We recognize our
ambition for an AIM listing is not a casual undertaking, but we are
excited about the direction this takes us and we feel it will serve
the company and it shareholders well, in the long term."
About EcoPlus, Inc.
ECPL (www.ecoplusinc.com) has a patent-pending, commercially
proven technology that utilizes an environmentally friendly process
for turning brown grease restaurant refuse into a high quality,
solid fuel product. This product can be used as a coal substitute
to produce power, as an adjunct fuel in waste-to-energy and steam
plant operations and as a fuel for industrial process heat over a
broad range of applications. The option to capture BTUs for energy
that is normally wasted is highly attractive in the tight energy
environment of today.
More information on EcoPlus, Inc. is available on its corporate
website: www.ecoplusinc.com
Forward-Looking Disclaimer
Statements regarding financial matters in this press release
other than historical facts are "forward-looking statements" within
the meaning of section 27A of the Securities Act of 1933, Section
21E of the Securities Exchange Act of 1934, and as that term is
defined in the Private Securities Litigation Reform Act of 1995.
The company intends that such proclamations about the Company's
future expectations, including future revenues and earnings,
technology effectiveness and all other forward-looking statements
be subject to the safe harbors created thereby. EcoPlus, Inc. is a
development stage company that depends on outside resources to
maintain its continuation. Since these statements involve risks and
uncertainties and are subject to change at any time, the Company's
actual results may differ materially from expected results.
Factors that may affect forward-looking statements and the
Company's business generally include but are not limited to (i) the
risk factors and cautionary statements made in the Company's NASD
or SEC filings; and (ii) other factors that EcoPlus is currently
unable to identify or quantify, but may exist in the future.
Forward-looking statements speak only as of the date the
statement was made. EcoPlus does not undertake and specifically
declines any obligation to update any forward-looking
statements.
Contact: EcoPlus, Inc. Investor Relations Toll-free:
877-494-0064
EcoPlus (PK) (USOTC:ECPL)
Historical Stock Chart
From Dec 2024 to Jan 2025
EcoPlus (PK) (USOTC:ECPL)
Historical Stock Chart
From Jan 2024 to Jan 2025