Recent Updates — ILXP

Ecominas Corp. terminated its Asset Purchase Agreement with Francisco Antonio Sbert Mousko due to the seller's breach, as the Purchased Assets were not delivered despite the transaction closing on July 24, 2026. The company withdrew its order for 700,000 Series A Preferred Stock shares and relinquished interest in the assets without incurring penalties. Concurrently, the Board approved a proposed amendment to change the corporate name to EcoCora Intelligence Corp., pending shareholder approval and regulatory filings with Nevada and FINRA. Ecominas Corp. operates as an emerging growth company focused on technology and intellectual property acquisitions.

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.

Ecominas Corp. approved the issuance of 48,000,000 restricted shares of common stock to CEO/Chairman Ricardo Enrique Silva Canelon (36,000,000 shares) and COO Andrew Gaudet (12,000,000 shares) as compensation for 12-month employment agreements effective July 17, 2026. The shares are fully vested and issuable upon execution, with no cash salary provided to either officer under these agreements. Ecominas Corp. is a corporation that manages executive compensation and corporate governance in Nevada.