Eco Depot (OTCMKTS:ECDP) Closed Monday At $1.0300 In Light Trading As Company Rides Green Wave With Eco-Friendly Specialty Paint

Eco Depot (OTCMKTS:ECDP) closed Monday at $1.0300, off 3.10% in light trading of 73,272 shares — well off its average volume of 114,282. The best thing it sees in the future is the overwhelming priority of green renewable energy with the Biden administration. ECDP’s chief challenge is the global commercialization of its ‘Bronya Climate Shield Thermal Paint’ coating line — as part of its ESG green-friendly strategy to cut up to 40% of energy costs for its clients. 

The ‘Bronya Climate Shield Thermal Paint’ is part of a series of consumer-friendly, specialty paint products — Bronya Classic, Bronya Facade, Bronya Aquablock and Bronya Fire Retardant. The line promises climate shielding for exteriors, fire resistant coating, waterproofing and extreme insulation. ECDP plans a global marketing effort as it intensifies its focus on this ready-to-use line, designed to make buildings green and reduce carbon emissions. Its next issue is how to  commercialize it on a global scale basis.

In an SEC filing, company management said it will fund capital shortfalls for the foreseeable future. This is a progressive company intent saving renewable energy and applying specialty paint to achieve that ECDP is in a world of incubating and investing in eco-companies and buying/selling carbon credits for green companies and managing eco-friendly real estate assets. 

ECDP is a socially-conscious development stage company with a 52-week stock trading range of $0.0120-$5.5800. Despite its  Q1 2021 SEC filing detailing a reverse stock split at the end of 2020 and a series of debt conversions and settlements, ECDP had a shareholder deficiency of $6,518,941 for the three month period with an accumulated deficit of $1,526,614. But management is socially-driven and determined to fund its own capital shortfalls.

By commercializing its consumer products speciality eco-paint. ECDP’s priorities are acting as incubator and aiding under-compliant companies finance eco initiative with the carbon credit system. It has adopted an ESG  synergistic approach to protecting the environment.