Mergers & Acquisitions ·
Ecominas acquires AI oil tech assets from CEO for 10M common and 2M preferred shares
ILXPEcominas Corp.
Ecominas Corp. completed the acquisition of artificial-intelligence-based analysis and optimization technology for oil-production operations from Franklin Marín Toro on October 22, 2026. The company issued 10,000,000 restricted common shares and 2,000,000 Series B Preferred Shares as consideration; no cash was paid. Mr. Toro, the seller, was simultaneously appointed CEO, President, Secretary, Treasurer, and a director, receiving an additional 12,000,000 restricted common shares under an employment agreement with a $5,000 monthly salary. Ricardo Enrique Silva Canelon resigned as CEO but remains Chairman. The company operates in the oil and gas industry, providing technology-enabled consulting and analytics services.