VAN NUYS, Calif., February 24, 2022 /PRNewswire/ — Eco Innovation Group, Inc. (OTC: ECOX) (“ECOX” or the “Company”), an innovative company developing new green energy solutions, is pleased to announce that ECOX Spruce Construction, the Company’s green building subsidiary, was contracted to provide all the services necessary for the renovation of a point of sale of a major American merchant in Hyannis, MA.
The contract was awarded by a large project management company specializing in the development, transformation and maintenance of real estate in the public and private sectors, to Edgar E. Aguilar of Blueprint Construction, the general manager of ECOX Spruce Construction. Through a construction services contract with Aguilar and Blueprint Construction, ECOX fulfills all aspects of Blueprint’s active contractor and subcontractor agreements.
The Company began working in Hyannis to the 21st of Februaryst. ECOX management estimates that ECOX Spruce Construction may be able to retrofit additional outlets for this merchandiser, with over 1,000 stores in North America, as well as other opportunities. The Company has set itself the goal of achieving $6 million revenue from related projects in fiscal year 2022.
“ECOX Spruce Construction has the ability to meet our financial target with our current pace of project acquisition. In January, we signed a commercial renovation contract with Davaco for a US military base in Californiathis month we are debuting a retail renovation and intend to continue to acquire and complete green building projects,” said Julia Otey-Raudes, CEO of Eco Innovation Group. “The end customer here is an iconic Fortune 500 brand in the U.S. retail market, and we are very pleased to have started this project in February 2022.”
ECOX Spruce Construction, Inc., ECOX California subsidiary created in January 2022has applied for a general contractor’s license in the state of California and is managed by Edgar E. Aguilar of Blueprint Construction, the general manager responsible for ECOX Spruce Construction. ECOX Spruce Construction is ECOX’s second green construction subsidiary, following the 2021 founding of the company’s Canadian construction business, Spruce Engineering and Construction of alberta.
About Eco Innovation Group
Eco Innovation Group was founded by inventors and business professionals to help develop and catalyze the most innovative and impactful products and services, and to deliver those innovations to the world, improving the quality of life in our communities and the world around us, while delivering value. to our shareholders.
At ECOX, we are dedicated to developing and marketing high-performance products. But we will never lose sight of the fact that we exist first and foremost to help people and improve life on the planet we all share. We take our social responsibility contract seriously in all of our efforts. It’s not just what we do. It’s who we are. For more information, visit www.ecoig.com.
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FORWARD-LOOKING STATEMENTS: This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may also be included in other publicly available documents issued by the Company. and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management’s current expectations or plans regarding our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as “anticipate”, “intend”, “plan”, “aim”, “seek”, “believe”, “project”, “estimate”, “seek”. expect”, “strategy”, “future”, “probable”, “could”, “should”, “should”, “could”, “should” and other words of similar meaning in the context of a discussion of future operational or financial performance. Examples of forward-looking statements include, but are not limited to, statements relating to future sales, earnings, cash flow, results of operations, uses of cash and other measures of financial performance.
Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the actual results and financial condition of the Company to differ materially from those expressed or implied by forward-looking statements. These risks, uncertainties and other factors include, but are not limited to, economic conditions, changes in laws or regulations, demand for the company’s products and services, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this press release should be considered in light of these factors. We assume no obligation to update any forward-looking statements contained in this report.
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