ECO INNOVATION GRP INC - ECOX STOCK NEWS

Eco Innovation Group, Inc. (OTC: ECOX) has announced its entry into Phase Two of the prototype build process for its GET™ system, a patented supercritical plant extraction technology. Following the issuance of a US patent in April 2022, the GET™ prototype is being manufactured by Fluitron, with the expectation of market delivery in early 2023. The company emphasizes the potential efficiency and control improvements in the botanical extraction process, seeking to bring innovative solutions to market amidst growing demand.

Eco Innovation Group, Inc. (OTC: ECOX) announced that its Glycerin Extraction Technology (GET System) is now covered by U.S. Patent No. 11,304,986, issued on April 19, 2022. This technology enables superior plant extracts while reducing costs and waste in cannabis extraction. The commercial launch of the GET system is expected in Q4 2022 or early 2023. CEO Julia Otey-Raudes emphasized the patent's significance for entering cannabis and other markets, showcasing the technology's advantages over current CO2 methods, including better extract standardization and reduced environmental impact.

Eco Innovation Group, Inc. (OTC: ECOX) announced progress in its supercritical Glycerin Extraction Technology (GET), with a patent moving forward in the USPTO. A key legislative bill concerning federal cannabis legalization is set for a House vote soon. The GET system offers a more efficient cannabis extraction method, promising lower costs and resource use, and is planned for commercial launch in Q4 2022 or early 2023. Company management views recent legislative measures, including the MORE Act and SAFE Banking Act, as beneficial for the cannabis industry and their product's market entry.

Eco Innovation Group, Inc. (OTC: ECOX) announced on March 17, 2022, that it has received a Notice of Allowance from the USPTO for a patent on a new plant extraction method utilizing Glytech's supercritical glycerin extraction technology. CEO Julia Otey-Raudes highlighted the technology's potential to reduce waste in cannabis extraction and improve product standardization. This patent aligns with ECOX's focus on sustainable development and positions the company favorably within the cannabis and broader extraction industry.

Eco Innovation Group, Inc. (OTC: ECOX) has announced that its green construction subsidiary, ECOX Spruce Construction, signed a contract to renovate commercial facilities at a U.S. military base in California. The contract will see ECOX Spruce manage all operational functions for the intermediary, Blueprint Construction. CEO Julia Otey-Raudes stated that the booming eco-renovation market positions ECOX favorably for growth, as they seek to implement green technologies and expand their project portfolio. ECOX Spruce is also pursuing significant contracts with major U.S. brands.

On January 19, 2022, Eco Innovation Group, Inc. (OTC: ECOX) announced the launch of its new subsidiary, ECOX Spruce Construction, aimed at sustainability-focused construction projects. CEO Julia Otey-Raudes highlighted increasing demand for ecologically-oriented construction and renovation, with a General Contractor's License application submitted in California. ECOX Spruce Construction follows the 2021 establishment of a Canadian subsidiary, Spruce Engineering and Construction. The firm aims to capitalize on the growing green technology sector and anticipates future announcements regarding new projects.

Eco Innovation Group (OTC: ECOX) announced a Letter of Intent to acquire proprietary cooling and alcohol dispensing technology from inventor Keith E. Prime. This acquisition aims to enhance ECOX's eco-friendly energy solutions pipeline. Prime's technology, operational for decades, could significantly lower energy consumption in refrigeration systems. The deal involves establishing a new subsidiary to manage the acquisition, which will include equity stakes and profit-sharing. Management anticipates this move will drive substantial shareholder value, aligning with global climate investment trends.

Eco Innovation Group, Inc. (ECOX) has signed binding Definitive Agreements to form a Canadian construction enterprise and acquire assets from Spruce Construction, Inc. This all-stock transaction allows ECOX to use Spruce's assets for its PoolCooled™ Climate Control technology in Canada. ECOX owns 85% of the new Spruce Engineering & Construction, Inc., which will help generate revenue in the construction sector. The company will issue one million shares of restricted common stock to acquire Spruce's assets, assuming CA$60,000 in debt.

Eco Innovation Group (OTC: ECOX) announces that CEO Julia Otey-Raudes will present at the Benzinga Cannabis Capital Conference from October 13-16, 2021, in New York City. Otey-Raudes will discuss the Company’s innovative glycerin-based non-CO2 supercritical extraction technology (GET System), designed for cannabis extraction. Demitri Hopkins, the inventor of the GET System, highlighted its ability to create usable glycerin concentrates, enhancing product development. The intellectual property for this technology is exclusively licensed to Eco Innovation Group, with prototype fabrication underway.